http://i.dailymail.co.uk/i/newpix/2018/05/31/13/069C8168000003E8-5790989-image-a-13_1527768924374.jpg

Markets

Mexican Economy Minister Ildefonso Guajardo said in April the country will "have to react if any measure is imposed". Europe did not want a trade war, he said, but Washington had to back down from "unjustified, unjustifiable and risky tariffs ".
  • Trump plans to hit Canada with steel, aluminum tariffs today

    Trump plans to hit Canada with steel, aluminum tariffs today

    Markets

    The Trump administration launched a national security investigation last week into auto and truck imports, using the same 1962 law that he has applied to curb incoming steel and aluminium. Besides the US steel and aluminum tariffs, the Trump administration is also investigating possible limits on foreign cars in the name of national security.
  • Singapore Airlines Is About to Launch the World's Longest Commercial Flight

    Singapore Airlines Is About to Launch the World's Longest Commercial Flight

    Markets

    Covering a distance of approximately 16,700km, the non-stop flight will take around 18 hours and 45 minutes - a route that will initially be served three times a week. To save on fuel costs, the aircraft will have space for just 161 passengers - and no economy class cabin. Singapore Airlines' chief executive Goh Choon Phong said his airline had pushed the boundaries to provide the best possible travel convenience.
  • Amazon to restrict Aussies to local site

    Amazon to restrict Aussies to local site

    Markets

    We speculated this might happen back when Amazon Australia was about to launch. The retail giant said it would subject Australians to the process known as "geoblocking" from July 1, when a 10 percent Goods and Services Tax (GST) applies to imported online goods worth less than A$1,000 ($756).
  • GDPR: Europe pushes back on tech privacy

    GDPR: Europe pushes back on tech privacy

    Markets

    In fact, many other companies who do not engage in data collection as their primary source of business have also agreed to go along with the GDPR rules as they feel that customers living within the European Union would feel safer doing business with a company that is in compliance with current data privacy laws.
  • Canadian who helped Yahoo email hackers gets five years in prison

    Canadian who helped Yahoo email hackers gets five years in prison

    Markets

    Baratov was named in an indictment past year that charged two Russian spies with orchestrating the 2014 Yahoo breach involving 500 million users - one of the largest breaches at any Internet company. Mr. Baratov's attorney, Andrew Mancilla, said the government was "trying to make an example" of his client. He is believed to have collected more than $1.1 million in fees from the agency, which he used to buy a house and expensive cars.
  • Dunkin' Donuts to offer free donut on National Donut Day

    Dunkin' Donuts to offer free donut on National Donut Day

    Markets

    Edible Arrangements is offering a free Edible Donut (a doughnut-shaped slice of Granny Smith apple dipped in chocolate) to customers at participating locations. Burger King is also taking advantage of the holiday by releasing the first flame-grilled donut ever, the Whopper Donut. The retailer expects to give away 1.2 million doughnuts nationwide by the end of the day.
  • Italy PM-designate promises new election in 2019

    Italy PM-designate promises new election in 2019

    Markets

    The eurozone's third largest economy lurched into a fresh crisis on Sunday when President Sergio Mattarella vetoed the nomination of fierce eurosceptic Paolo Savona as economy minister in a planned coalition of the far-right League party and anti-establishment Five Star Movement.
  • 10,000 Tesla Supercharger stations worldwide soon: CEO Elon Musk

    10,000 Tesla Supercharger stations worldwide soon: CEO Elon Musk

    Markets

    The report was first published by electric vehicle magazine Electrek. He also assured that with more advancements, the company can make the braking distance better than original specifications and that the company will not rest till the Model 3 has safer system for braking than any other competitor.
  • De Beers Vowed for Years Not to Make the Move It's Making

    De Beers Vowed for Years Not to Make the Move It's Making

    Markets

    De Beers, the world's largest producer of rough diamonds by value, is leaping into the synthetic diamond jewellery business, undercutting the prices of others in the sector by using its existing Element Six business to compete in a business it had long fought against.
  • Consumer Reports changes its recommendation for Tesla’s Model 3

    Consumer Reports changes its recommendation for Tesla’s Model 3

    Markets

    According to CR, the Model 3's updated 133-foot braking distance now stands among typical compact luxury cars. Influential U.S. magazine Consumer Reports said on Wednesday it was recommending Tesla Inc's Model 3 sedan after its latest tests showed that a firmware update improved the car's braking distance by almost 20 feet .
  • Singapore Airlines announces 19-hour ultra-marathon to NY

    Singapore Airlines announces 19-hour ultra-marathon to NY

    Markets

    Flights between NY and Singapore are now operated using the double-decker Airbus A380 with a stopover in Frankfurt, Germany. The airline will deploy the new Airbus A350-900ULR (ultra-long-range) for covering distance of 16,700km in up to 18 hours and 45 minutes.
  • Crude Oil Price Sustains Losses On Planned Opec's Output Rise

    Crude Oil Price Sustains Losses On Planned Opec's Output Rise

    Markets

    Some believe the Gulf ministers, including OPEC's president, Suhail Al Mazrouei, want to achieve a consensus prior to the Vienna meeting. Brent futures for July settlement added 22 cents, or 0.3, to $75.52 a barrel on the London-based ICE Futures Europe exchange.
  • Two Canadian Banks Announce Hacks Over the Weekend

    Two Canadian Banks Announce Hacks Over the Weekend

    Markets

    The thieves have also shared accurate personal information about two Canadians, each a customer of each respective bank, in order to back up the veracity of their claims. MobileSyrup has reached out to BMO and the Office of the Privacy Commissioner of Canada for more information. The potential data breaches reported by Simplii and BMO on Monday are the latest cybersecurity incidents involving Canadians.
  • Fears over Italy turmoil spread through global markets

    Fears over Italy turmoil spread through global markets

    Markets

    Investors have in recent days scurried for assets such as US and German bonds or the Japanese yen, spooked by the possibility that Italy, the third-biggest euro zone economy, could deliver a bigger boost to eurosceptic parties in a snap election that sources said could be held by end-July.
  • Petrol Price Cut By 60 Paise, Diesel By 56 Paise Per Litre

    Petrol Price Cut By 60 Paise, Diesel By 56 Paise Per Litre

    Markets

    Petrol prices in Kolkata and Chennai were set at Rs 81.05 and Rs 81.42 per litre , while diesel prices there were Rs 71.85 and Rs 73.17. He had challenged the Prime Minister to reduce fuel prices, just as he accepted the fitness challenge by Indian cricket team captain Virat Kohli.
  • Tesla Sedan In Autopilot Mode Hits Laguna Beach Police SUV

    Tesla Sedan In Autopilot Mode Hits Laguna Beach Police SUV

    Markets

    Asked about Tuesday's crash, Tesla said, "When using Autopilot , drivers are continuously reminded of their responsibility to keep their hands on the wheel and maintain control of the vehicle at all times". Cota wrote that the vehicle had Tesla's semi-autonomous Autopilot feature activated when it crashed into a parked police department vehicle. The police officer was not in the SUV at the time of the crash.
  • Trump moving ahead with plan to slap tariffs on Chinese goods

    Trump moving ahead with plan to slap tariffs on Chinese goods

    Markets

    In a joint statement on Saturday, the countries said China would "significantly increase" purchases of USA goods and services to reduce their trade imbalance, a key demand from President Donald Trump and his team. Trump has long bemoaned the massive trade deficit with China. Commerce Secretary Wilbur Ross is scheduled to travel to China this weekend for further discussions.
  • Pret A Manger makes 312% profit for private equity in 10 years

    Pret A Manger makes 312% profit for private equity in 10 years

    Markets

    JAB bought out the majority owner, private-equity firm Bridgepoint. Thousands of employees at Pret A Manger will receive bonuses of £1,000 each after German investors complete their purchase of the sandwich chain for £1.5billion bonus. The Financial Times earlier reported that the price paid by JAB was £1.5 billion, including debt. It controls packaged brands such as Kenco and Douwe Egberts; retail chains like Peet's and Espresso House; and Keurig, the leading at-home single-serve brewer ...
  • EU proposes to ban plastic straws, stirs, and cotton buds

    EU proposes to ban plastic straws, stirs, and cotton buds

    Markets

    While correlation does not imply causation, it is easily noticeable from the proposal's underlying documentation that the products for which the strictest measures are proposed, are also the ones most often produced outside the EU. Improved waste management of abandoned and lost fishing gear, which accounts for nearly 30 percent of Europe's beach litter, is also mandated in the proposal.
  • Starbucks stores to shut down Tuesday for bias training

    Starbucks stores to shut down Tuesday for bias training

    Markets

    That has put a spotlight on the little-known world of "unconscious bias training, " which is used by many corporations, police departments and other organizations to help address racism in the workplace. A guide advises staff to consider whether the actions they take would apply to any customer in the same situation. One afternoon of training can't solve deep problems such as discrimination or treating customers differently due to their race, said Keba Konte, the founder of Red Bay Coffee, ...
  • Petrol, diesel prices hiked for 16th straight day

    Petrol, diesel prices hiked for 16th straight day

    Markets

    Since the dynamic pricing system resumed on May 14, petrol and diesel prices have risen by Rs 3.8 and Rs 3.38 respectively in the last 16 days in Delhi. Delhi has the lowest fuel price among all metros and most state capital due to lower incidence of local sales tax or VAT. On the other hand, if the Centre cuts the excise by Re 1, the loss of revenue will be to the tune of Rs 10,725 crore for every Re 1 cut in central excise and the amount will become twice if it cuts the excise duty by Rs ...
  • Russia's Mr Novak says oil production curbs could be eased 'softly'

    Russia's Mr Novak says oil production curbs could be eased 'softly'

    Markets

    While the crude oil prices were low, the government repeatedly levied cess on fuel to fund its infrastructure and other development programs while keeping the annual budget deficit in check. Oil had reached a more than 10 year low, dropping to less than $30 a barrel. Middle Eastern crude oil producers could be one the biggest losers from the new regulation, because they pump high-sulfur crude, Amrita Sen, chief oil analyst at Energy Aspects, told CNBC this week, discussing the outlook ...
  • Doug Ford denies buying PC party memberships

    Doug Ford denies buying PC party memberships

    Markets

    Getting a nomination seemed like a safe bet to get a seat at Queen's Park. Surma captured the PC nomination in Etobicoke Centre in November 2016, drawing praise from Brown for her experience working at all three levels of government and for "being a tireless Conservative activist".