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The Japan-based automaker did say that it has redesigned the platform of the auto, making it the 12 generation, so we can expect even more changes in the rest of the vehicle. The Japanese automaker will show the 2020 Corolla sedan via live stream on Thursday, November 15. Reports suggest that it could replace the Corolla Altis in India by 2020.
  • UFOs spotted off Irish coast under investigation

    UFOs spotted off Irish coast under investigation

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    The air traffic controller said there were no such exercises. A British Airways pilot asked Air Traffic Control mid-flight on Friday morning, "Is there any military exercises going on now?" Air control reported nothing was scheduled for that evening.
  • Oil prices rise by 1% after Saudi announces December supply cut

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    West Texas Intermediate, the USA benchmark oil price , had been declining for the hour before the tweet and briefly dipped lower before trading at $60.14 a barrel, down 5 cents for the day at 1:49pm in NY. The United States has upped production of shale oil, while Saudi Arabia, Russia and others have raised supplies of crude amid signs of slowing demand.
  • Oil producers see oversupply, call for new strategies

    Oil producers see oversupply, call for new strategies

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    Falih said the United States sanctions had removed less oil from the market than expected because of the waivers. Iraq and Saudi Arabia agreed on Saturday to work together to stabilise oil markets, Iraq's Oil Ministry spokesman Asim Jihad said, without giving further details.
  • WRAPUP 2-Fed holds interest rates steady, says economy remains on track

    WRAPUP 2-Fed holds interest rates steady, says economy remains on track

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    The economy otherwise has been humming along strongly, and the FOMC reiterated its belief that "economic activity has been rising at a strong rate". In December, traders will focus on fresh Fed forecasts that could signal a change to its growth outlook or to its consensus view that three rate hikes will likely be needed in 2019.
  • Bound Ryanair Plane Full Of Passengers Seized By French Authorities

    Bound Ryanair Plane Full Of Passengers Seized By French Authorities

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    A bailiff seized a Ryanair aeroplane at Bordeaux airport, as part of a legal dispute between the airline and the conseil départemental of the Charente. The European Commission later ruled around £873,000 (€1million) in subsidies paid to Ryanair were illegal and ordered the Irish carrier to repay all the money.
  • China: Front loading import and exports? - ING

    China: Front loading import and exports? - ING

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    Far from being impacted by the trade war with Donald Trump's U.S. administration, China has reported better-than-expected exports and imports for October. "We believe that the cause of such strong growth is exporters' concern that the 10% tariffs on $200 billion of exported goods to the United States will rise to 25% on 1st Jan 2019, so they front-loaded export activities".
  • NY eyes plan to be first state to ban flavored e-cigarettes

    NY eyes plan to be first state to ban flavored e-cigarettes

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    He's also considering online restrictions, including having age-verification requirements for those sales. Plans for the new regulations were reported Thursday by the Washington Post . Juul , which has more than 70 percent of the nation's e-cigarette market and has become ubiquitous in many high schools and middle schools, submitted thousands of pages of marketing documents and related materials.
  • Alibaba Singles' Day tops US$30 billion but growth rate plunges

    Alibaba Singles' Day tops US$30 billion but growth rate plunges

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    For comparison, Amazon's sales were estimated to reach roughly $US4.2 billion over the company's 36-hour Prime Day in July. Alibaba is not a retailer itself, so Singles' Day sales figures are equal to gross merchandise value, or the total value of goods ordered through the company's marketplace, which includes Taobao.com, Tmall, and concepts that blend online and offline sales, like the supermarket chain Hema.
  • Govt denies eyeing RBI’s Rs 3.6 lakh crore

    Govt denies eyeing RBI’s Rs 3.6 lakh crore

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    The government is seeking a transparent formula for arriving at a minimum threshold capital reserve needed to be maintained in line with globally acceptable practice, an official claimed. The report had further claimed that the Centre in its stand for transfer had reasoned that RBI has over-estimated its capital reserves requirements resulting in the excess capital of Rs 3.6 lakh crore.
  • Walmart vs. Target Black Friday 2018

    Walmart vs. Target Black Friday 2018

    Markets

    What's more, Walmart will host a special pre-Black Friday gathering in the hopes of hyping up shoppers. To draw early buyers, it will start online sales before the Black Friday weekend as it tries to pull customers from other retailers that will open early on Thanksgiving as well.
  • Mazda has announced a new

    Mazda has announced a new "three"

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    This image comes ahead of the 3's global debut at the 2018 Los Angeles Motor Show , which opens to the press on November 28, with public days running from November 30 to December 9. (1) Press days are November 28-29. It may mean that diesel era comes to its end for Mazda . 2019 Mazda3 will use new SkyActiv Vehicle Architecture that is said to offer stronger and better ride quality.
  • Oil prices fall into bear market on rising supply

    Oil prices fall into bear market on rising supply

    Markets

    Output from the world's top-3 producers Russian Federation, the United States and Saudi Arabia , broke through 33 million bpd for the first time in October, meaning these three countries alone now meet more than a third of the nearly 100 million bpd of global consumption.
  • Google rewrites sexual harassment policy after staff protests

    Google rewrites sexual harassment policy after staff protests

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    The Alphabet Inc. unit is making arbitration optional for individual sexual harassment and sexual assault claims. Every year from now, workers will complete mandatory sexual harassment training. But one of the most common factors among the harassment complaints made today at Google is that the perpetrator had been drinking (~20% of cases). Google described two-drink limits or drink ticket systems as potential solutions.
  • Tesla appoints Robyn Denholm to replace Elon Musk as chair

    Tesla appoints Robyn Denholm to replace Elon Musk as chair

    Markets

    Tesla said Denholm will be serving as Chair on a full-time basis and that she will temporarily step down as Chair of the company's audit committee until she leaves Telstra. "I look forward to helping Elon and the Tesla team achieve sustainable profitability and drive long-term shareholder value", she said in the statement.
  • Stinky durian fruit grounds Indonesian passenger plane

    Stinky durian fruit grounds Indonesian passenger plane

    Markets

    An Indonesia flight, which ended up stinking to high heaven because it carried two tonnes of what has been branded the world's smelliest fruit, was delayed as passengers refused to travel with the odorous cargo. Passengers began boycotting the captain's orders and started getting off the plane, refusing to fly with the offensive fruit in tow. The situation inside the cabin reportedly became so bad that passengers and crew nearly came "to blows", according to The Jakarta Post , citing a ...
  • Supreme Court ends legal fight over Obama-era net neutrality rules

    Supreme Court ends legal fight over Obama-era net neutrality rules

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    The appeal sought to challenge a lower court ruling that upheld Obama-era net neutrality rules that banned Internet service providers from giving preferential treatment to certain websites, CNBC reported . By declining all seven petitions, the Supreme Court maintains the lower courts' precedents declaring net neutrality a lawful federal regulation. For proponents of net neutrality, Monday's Supreme Court decision represents a victory.
  • Lines Long as Americans Render Midterm Verdict on Trump

    Lines Long as Americans Render Midterm Verdict on Trump

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    REUTERS/Michelle McLoughlin Mist shrouds the U.S. Capitol dome on the morning of midterm Election Day, as voters go to the polls to decide the control of the U.S. Thirty-five Senate seats were up for election in the midterms, as well as the controlling party for the 65 seats not on the ballot during this cycle.
  • US Reimposes Sanctions on Iran's Oil, Financial Sectors

    US Reimposes Sanctions on Iran's Oil, Financial Sectors

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    However, US allies in Europe have strongly disagreed with Trump's decision saying the Iranians have been complying with the nuclear agreement and said they will find ways to bypass the sanctions to allow their companies to keep doing business with Iran.
  • PELOSI'S PREDICTION: Nancy Says She's '100% SURE' Dems Will Retake the House

    PELOSI'S PREDICTION: Nancy Says She's '100% SURE' Dems Will Retake the House

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    Andrew Cuomo. The Republicans now dominate both the House of Representatives and Senate . Bill Nelson in his tough re-election race against outgoing Republican Gov. Among those expected: Vice President Mike Pence and former House Speaker Newt Gingrich, an informal adviser to the president. Trump, though, nearly assuredly will face an avalanche of investigations into his tax returns, his payments to adult-film star Stormy Daniels and his relationship with Russian Federation if Democrats ...
  • Amazon in 'advanced talks' to build new headquarters near DC

    Amazon in 'advanced talks' to build new headquarters near DC

    Markets

    HQ2 is slated to start operating in 2019, which means that Amazon will have to be ready to hit the ground running with their new headquarters. Washington has consistently been identified as the likely victor by various pundits, economists and think tanks, most often citing Amazon CEO Jeff Bezos' ties to the area through his ownership of the Washington Post , a second home there and the growing importance of the federal government as both a customer and potential regulatory threat to ...
  • Amazon offering free holiday shipping to everyone

    Amazon offering free holiday shipping to everyone

    Markets

    Target announced last month it would offer free two-day shipping on all orders from November 1 to December 22. "This holiday, customers can enjoy free shipping with no minimum purchase amount on orders that will arrive in time for Christmas , including items from Amazon's expertly curated Gift Guides across electronics, fashion, home and toys", said Doug Herrington, Senior Vice President of North American Retail at Amazon.
  • Lowe's to close two mid-Michigan stores

    Lowe's to close two mid-Michigan stores

    Markets

    Based in Boucherville, Que., Lowe's Canadian business has more than 630 corporate and independent affiliate dealer stores. Three stores in the GTA have been marked for closure - two Rona locations in Mississauga and the Lowe's at Centrepoint Mall.
  • Drunk Japan Airlines pilot was 'almost 10 times over limit'

    Drunk Japan Airlines pilot was 'almost 10 times over limit'

    Markets

    According to BBC , the 42-year-old first officer was found to have 189mg of alcohol per 100ml of blood in his system - whereas the legal limit for pilots is only 20mg. Japan Airlines issued a statement of apology, saying "safety remains our utmost priority" and that they will "implement immediate actions to prevent any future occurrences".
  • "Iran will bypass illegal" U.S. sanctions - Rouhani

    Markets

    The comments on " Fox News Sunday " come a day before USA sanctions on Iran's energy and shipping are due to snap back following President Donald Trump's decision to withdraw from the 2015 multilateral nuclear agreement. Asked on CBS whether Iran could restart its nuclear program, Pompeo said, "We're confident that the Iranians will not make that decision". The new American sanctions particularly hurt Iran's vital oil industry, a crucial source of hard currency for its struggling economy.
  • Irish PM: Brexit is undermining N. Ireland's peace accord

    Markets

    Here, Labour leader Brendan Howlin said he remained "very fearful" Irish interests could be sacrificed by Europe to secure a deal and said Ireland has to be "vigilant". Ahead of Mrs May's cabinet meeting, sources here said the situation was at its "most sensitive yet" and she will be "dancing on the head of a pin" to secure agreement on the deal in her government.