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China's factory activity grows as easing trade spat revives demand BEIJING (Reuters) - Manufacturing activity in China expanded for a second straight month in December as seasonal demand and signs of progress in trade talks with Washington boosted factories' output and order books. FILE PHOTO: A worker welds ...
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Santa Delivers 12 Days Of Stock Market New Highs, Then Flies Away On Day 13 – Now, What? And he left just when we had grown accustomed to "New stock market high!" headlines with a growing enthusiasm about 2020. So, why the December 30 drop? Is it a simple adjustment or the result of thin, holiday trading? Or is it a sign that the steady ...
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Huawei Posts Solid Growth but Warns of Difficulties Ahead HONG KONG — For Huawei, it has been a year of lawsuits, blacklists, diplomatic fights, spying accusations and, most recently, viral anger from the Chinese internet. Through it all, the company posted solid growth, its deputy chairman Eric Xu said on Tuesday.
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Venmo App Goes Down Monday Popular financial app Venmo briefly went down for a few hours on Monday (Dec. 30), the company confirmed, according to reports. The desktop version of the payment software was also affected in the outage. According to Down Detector, an online platform ...
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Sanders Campaign Faces Flak Over Amazon Orders, Raising The Question: What's Left? In the past few days, presidential candidate Sen. Bernie Sanders (I-VT) has faced criticism over news that his campaign spent more than any other did on Amazon orders, around $233,350, as of this fall — mostly on office supplies sold by third-party vendors ...
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Vita Coco's Hangover Recovery Kit Is The New Year's Necessity You Absolutely Need (And It's Free) If you're like millions of people across the globe, you probably plan on entering the new decade armed with your vision board, your shiny new planner from Amazon and other goal-conquering tools. But there's also a good chance that you spent New Year's ...
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Dollar eases, on track for smallest return in six years The dollar dipped to a near three-week low against the yen in thin year-end volume on Tuesday as investors favored riskier assets, led by renewed optimism about global growth. The greenback was off 0.1% at 108.77 against the Japanese yen, on track for its ...
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2020 all about Federal Reserve interest rates, my crystal ball says This is the time of year when columnists get to show how smart they aren't by making predictions. The other choice is reminiscing about the past year. But you already know what happened in 2019, so I'll go with predictions. Here's what I know for sure.
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Huawei's revenue hits record $122B this year despite US sanctions, forecasts 'difficult' 2020 Huawei reported resilient revenue for 2019 on Tuesday as the embattled Chinese technology group continues to grow despite prolonged American campaign against its business, but cautioned that growth next year could prove more challenging. Eric Xu ...
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Gold prices steady, set for best year since 2010 Gold prices were steady on Tuesday, holding below a more than two-month peak hit in the previous session, as weakness in the dollar countered optimism about the United States and China signing an interim trade deal soon. Spot gold was little changed at ...
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3 Dividend Yielding Blue-Chip Stocks to Buy for 2020 US stocks closed in the red today, the second to last trading day of a year that saw equities reach record highs. The DJIA fell over 180 points while the S&P 500 declined over 0.5% and the NASDAQ Composite slipped 0.67%. The decline in stocks came after ...
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McDermott International in bankruptcy talks with lenders - WSJ Dec 30 (Reuters) - Oilfield services provider McDermott International Inc MDR.N is in talks with lenders to file for bankruptcy within weeks, the Wall Street Journal reported on Monday, citing people familiar with the matter. A group of lenders led by HPS ...
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Natural Gas Futures' Decline Puts March/April Spread to Within Penny; Cash Rebounds After struggling to hold their head above water, natural gas futures sank Monday as sustained cold weather remained absent from long-range forecasts. The February Nymex gas futures contract, in its first day in the prompt-month position, settled at ...
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Facebook Fined $1.6 Mln By Brazil Over Cambridge Analytica Case (RTTNews) - Brazil fined Facebook US$1.6 million for improperly sharing users' data in a case linked to the global Cambridge Analytica scandal. Last year, Facebook had faced severe criticism in the wake of revelations that data from 87 million people was ...
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Americans' near-record levels of credit card debt is helping bolster banking industry Americans have accumulated near-record levels of credit card debt over the past year as card companies have increased interest rates and fees. The booming market is helping drive record banking industry profits but could become increasingly costly for ...
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The events that led to external benchmarking of loans and what borrowers should do now The Reserve Bank of India (RBI) announced a big change in the way interest rates on loans are calculated. The central bank mandated all banks to link their floating rate loans to an external benchmark instead of the marginal cost-based lending rate (MCLR).
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Microsoft seizes domain names being used by alleged North Korean hacking group Microsoft Corp. has successfully seized 50 domain names being used by a suspected North Korean hacking group as part of a broader campaign against cybercrime. The hacking group, dubbed "Thallium," is alleged to have been using the domains to ...
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Kia's next electric car, due in 2021, will be a stunner Kia is getting serious about electric cars. After launching a pair of electric models based on existing small hatchbacks, the Korean automaker looks set to launch its first electric car based on a clean-sheet design. That car will be based on the Imagine concept ...
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Pot stocks end 2019 on a dismal note as ETF falls to record low (Bloomberg) — A gloomy year for pot stocks is ending on a dismal note, with the industry's first exchange-traded fund falling to a record low on Monday. The Horizons Marijuana Life Sciences ETF slid as much as 4.8% to C$8.20, the lowest since it was ...
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The year tech unicorns became donkeys By Bhaskar Chakravorti 2019 may be remembered as the year so many unicorns turned into donkeys. After its IPO, Uber fell from the stratospheric valuation it commanded as a private company. So did its prime competitor, Lyft — together, they have shed ...
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Red Lobster's New Bloody Mary Is Topped With a Lobster Claw and Cheddar Bay Biscuit Red Lobster is ringing in the new year with an over-the-top bloody Mary. The seafood chain introduced the limited edition Lobster Claw Bloody Mary on Monday, and it is larger than life. According to a press release, it's made with Tito's vodka and Red ...
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Debt leads Canadians' financial worries as 2020 dawns: CIBC poll A year-end CIBC poll finds debt is weighing heavily on the minds of Canadians, with nearly four in five respondents rating it more important to address than building their savings. The online survey also finds that 71 per cent of respondents say they avoided ...
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$1000000 unclaimed winning lotto ticket sold in Mooresville MOORESVILLE, N.C. — You better check your lottery tickets because there is a $1,000,000 unclaimed Cash 5 winning ticket floating around in North Carolina. The $1,000,000 winning ticket was sold in Mooresville at the Food Lion on Shearer Road.
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Airtel has issued a public notice for prepaid subscribers In a public notice issued recently, telecom operator Airtel has announced that it is discontinuing its current Start-Up-Kit (SUK) plan of Rs 23. Instead, it has introduced Rs 45 base plan which is 95% more than the previous one. According to the notice, Airtel's ...
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Warning over fake alcohol that could cause blindness or even death A warning was issued about cheap and dangerous fake alcohol being sold by rogue retailers ahead of the biggest social night of the year. It follows council seizures of counterfeit vodka from shops and storage facilities. Some counterfeit bottles of vodka are ...
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RBI plans to tighten loan norms for co-op banks Mumbai: In an effort to avoid frauds like the one seen in PMC Bank, the Reserve Bank of India (RBI) on Monday proposed to tighten lending rules for urban co-operative banks (UCBs). The regulator plans to limit these lenders' exposure to a single party and a ...
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Amazon reportedly exploring hand-recognition technology In the not-too-distant future, shoppers at Amazon Go stores may be able to use just a wave of their hands for cashless payments. The US Patent and Trademark Office published a patent application from Amazon on Thursday for a touchless scanning system ...
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Debt of RattanIndia Power acquired by Goldman Sachs, Varde Partners In one of the biggest debt resolution deals outside the Insolvency and Bankruptcy Code, RattanIndia Power Ltd has done an agreement with its consortium of lenders led by PFC and SBI under which the existing principal debt of ₹6,574 crore will be taken ...
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Abbotsford International Airport celebrates 1 million passengers in 2019 According to figures shared by airport officials and the city, more than 1 million passengers departed or arrived at YXX this year, an 18.7 per cent increase over the previous year. Postmedia News. Updated: December 30, 2019. More than 1 million passengers ...
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South West Trains services over the New Year will be affected by RMT strike TRAVELLERS using South Western Railway are being warned to expect disruption over the New Year period because of ongoing strike action by the RMT rail union. An amended timetable is in place for many areas, especially services to London Waterloo.
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Internet shutdowns: Amazon, Flipkart may have lost 18-20% business Intermittent clampdowns on the internet in December are learnt to have significantly affected online commerce as well as digital payments companies, apart from telcos, in the country. Though none is talking about the extent of the losses, industry sources say ...
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Palm oil at 3-year high KUALA LUMPUR: Malaysian palm oil futures touched an almost three-year high and extended their winning streak on Monday supported by forecasts of a steeper-than-expected seasonal decline and a push for higher palm oil levels in biodiesel in Indonesia ...
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