Markets

Trump urges OPEC to drive down oil prices

President Trump warned members of OPEC again on Thursday that now is not the time to be greedy or the protection provided by the U.S.to the Middle East could be in jeopardy. In a visit to Moscow this month, U.S. Energy Secretary Rick Perry asserted Saudi Arabia, the United States and Russian Federation can between them raise global output in the next 18 months to compensate for falling oil suppl... [Full Article...]

Tesla Model 3 crushes NHTSA's crash testing with a 5-star rating

Tesla Model 3 crushes NHTSA's crash testing with a 5-star rating The Model 3 follows the Model S and Model X , which have both aced the NHTSA's tests. The Model 3 isn't just great to drive, it's safe as h*ck too, according to NHTSA. The last picture is from the NHTSA's rollover test of the Model 3, a test created to measure "the risk of rollover in a single-vehicle, loss-of-control scenario". [Full Article...]

12-year-old admits to putting needles in strawberries

12-year-old admits to putting needles in strawberries The safety of our customers is our top priority, ' a Woolworths spokesperson told Daily Mail Australia. " Obviously in the last few days we found a young person has admitted to a prank, including putting needles in strawberries , and he'll be dealt with under the youth cautioning system", he said. [Full Article...]

British automaker group meets with European Union, says Brexit could cost billions

British automaker group meets with European Union, says Brexit could cost billions The entire Brexit project was sold to the British people by "liars" who immediately fled the stage, unwilling to see their project through. However, Barnier made clear that the EU's proposal will put a border between Northern Ireland and the rest of the United Kingdom - despite May's fears that it would risk splitting the union. [Full Article...]

Macron: Political leaders pushing for Brexit are 'liars'

Macron: Political leaders pushing for Brexit are 'liars' In a press conference just minutes after Tusk publicly shot down her plan, a visibly angry May called on the European Union to put a counter-offer on the table that would keep the border between Ireland and Northern Ireland "frictionless". The UK industry - already feeling the effects of a crackdown on diesel-powered cars in its largest European Union markets amid jittery demand - fears Brexit cou... [Full Article...]

Amazon Introduces Storefronts for Small Businesses

Amazon Introduces Storefronts for Small Businesses Amazon is thinking small for a change. Highlighting smaller businesses seems like an ironic move for Amazon. "We're championing their success with this new store and a national advertising campaign featuring a successful MI business selling on Amazon to customers across the USA and worldwide". [Full Article...]

Amazon to launch 3,000 cashierless stores by 2021

Amazon to launch 3,000 cashierless stores by 2021 Amazon opened its first cashierless store in Seattle two years ago and has launched two additional locations in Seattle and another in Chicago. Narrowing the focus to prepared food-to-go would reduce the upfront cost of opening each store, because it would require fewer cameras and sensors. [Full Article...]

Indian flight returns after passengers ill by pressure loss

Indian flight returns after passengers ill by pressure loss Statistics from the aviation regulator DGCA revealed that Jet Airways' share in the worldwide passenger traffic from India dropped to 13.9 percent in the first three months of 2018, as compared to 14.5 percent in the same period in 2017. Dozens of passengers on an Indian flight have suffered nosebleeds and other minor injuries after the crew forgot to pressurise the cabin. According to the air... [Full Article...]

China's Alibaba doubles down on chips amid cloud computing push

Ma promised the recruitment drive during a meeting with Mr Trump in January 2017 but made a U-turn amid an ongoing trade war, a move that is certain to rattle President Donald Trump . But the trade dispute between the world's top two economies has swiftly escalated since Mr Trump took office, with a series of tit-for-tat tariffs brought on billions of dollars' worth of goods by both countries. [Full Article...]

Coca-Cannabis? Coke analyzing cannabis in wellness drinks

Coca-Cannabis? Coke analyzing cannabis in wellness drinks The Company's policy is not to comment on speculative media reports. The Coca-Cola Company said Monday it is "closely watching" the expanding use of a cannabis element in drinks, another sign cannabis and cannabis-infused products are getting more acceptance in mainstream culture and a harder look from long-established pillars of American business. [Full Article...]

Cathay Pacific spells own name wrong on new plane

Cathay Pacific spells own name wrong on new plane Travellers had spotted the mistake at Hong Kong International Airport and contacted the airline, which said it was a genuine mistake. "She's going back to the shop!" the airline said in a tweet . 'We have stencils. Should be a blank gap in between letters if it was a real mistake I think'. Cathay Pacific was founded in 1946 and has a network which covers 53 destinations across the Asia-Pacifi... [Full Article...]

3.4M chickens, 5,500 hogs dead in Florence flood

3.4M chickens, 5,500 hogs dead in Florence flood Speaking directly to families in North Carolina , the president offered his support. "To the families who have lost loved ones, America grieves with you, and our hearts break for you". North Carolina's two Republican U.S. senators, Richard Burr and Thom Tillis, have also been on hand Wednesday, as have Homeland Security Secretary Kristjen Nielsen and Small Business Administration head Linda McM... [Full Article...]

U.S. oil prices surge as inventory draw adds to supply concerns

U.S. oil prices surge as inventory draw adds to supply concerns Brent crude futures were up 16 cents at $79.19 per barrel at 0658 GMT, after rising 1.3 percent in the previous session. US crude futures (CLc1) were down 6 cents at $69.79, after gaining 1.4 percent the day before. OPEC with a group of non-OPEC producers that includes Russian Federation started withholding oil supplies in 2017 to end a global glut and prop up prices. [Full Article...]

Will EU citizens need visas to come to United Kingdom after Brexit?

Will EU citizens need visas to come to United Kingdom after Brexit? However Mrs May has rejected the plan as unacceptable arguing that it would effectively create a border in the Irish Sea between Northern Ireland and the rest of the UK. "But this particular compromise doesn't work because it involves a border in the Irish Sea, no matter how invisible it might be, and we have always been clear that we will not allow that to happen". [Full Article...]

Tesco's new discount chain Jack's takes on Aldi and Lidl

Tesco's new discount chain Jack's takes on Aldi and Lidl Tesco has launched its new discount store format called Jack's as it attempts to take the fight to German discounters Aldi and Lidl . Tesco plans to open another 15 branches over the next year, five of which will be converted from existing Tesco stores. [Full Article...]

Get renewable energy for your 2019 Audi e-tron

Get renewable energy for your 2019 Audi e-tron However, Audi's charging infrastructure pales in comparison to Tesla's. The SUV , which will go from 0 to 60 miles per hour in 5.5 seconds, will carry a base price of $74,800, with the highest trim level starting at $86,700. The front electric motor adds power when needed to the front wheels, however. Established luxury auto brands with strong dealer networks and scores of loyal customers cou... [Full Article...]

Apple pays off its $15.4 billion Irish tax bill

Donohoe noted it was one of the largest such funds to be established, with a nod to the time that has passed since the decision was handed down. Apple has appealed against the decision. However, finance minister Paschal Donohoe confirmed the cash - enough to fund the country's health budget for a year - would be held in a protected account pending the conclusion of an appeal by Apple and the Iri... [Full Article...]

Sewing Needle Reportedly Found in Apple Sold at Woolworths Supermarket

Sewing Needle Reportedly Found in Apple Sold at Woolworths Supermarket NSW detective superintendent Daniel Doherty called them "an act of treachery on the community" as police mount a coordinated effort across all states to try and find the perpetrators. "This a vicious crime, it's created to injure, and possibly worse, members of the population at large", he said in remarks quoted by ABC. So far there are no confirmed suspects or demands, he said, but that police... [Full Article...]

Oil Rises as Dollar Declines, Supply Concerns Persist

Benchmark Brent crude already is nearing $80 a barrel and some believe it may go even higher. Technical analysis from Reuters market analyst Wang Tao showed that US oil prices have repeatedly failed to overcome a resistance level of $69.85 per barrel, signalling a dissipation of positive outlook. [Full Article...]

McDonald's workers strike over sexual harassment policy

McDonald's workers strike over sexual harassment policy The protest, organized by pro-labor group Fight for $15, comes four months after after several women filed complaints against the restaurant chain with the U.S. She alleged that a co-worker verbally and physically harassed her, the AP reported. "There is no place for harassment or discrimination of any kind at McDonald's ", the company said in a statement . [Full Article...]


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