Money


Another Turnbull government minister has dual citizenship - but won't stand aside
- August 19, 2017

The Nationals' Matt Canavan and Barnaby Joyce , along with One Nation senator Malcolm Roberts, have also been referred but have chose to remain in the parliament, pending the court's decision. The meaning of section 44 (i) has not been read by the High Court as an absolute bar on a candidate being a foreign citizen. Crossbench senator Nick Xenophon is making enquiries with the British Home Office after questions were raised about whether he picked up British citizenship by descent through ... (more...)
Bill Gates' $4.6B donation: How many mosquitoes can that kill? Bill Gates' $4.6B donation: How many mosquitoes can that kill?
- August 16, 2017

Dubbed " Mosquito Wars , " the campaign forms part of Bill & Melinda Gates Foundation's broader effort to combat malaria. To recall, he gave away about $16 billion worth of the stock in 1999. founder Jeff Bezos close to the top spot, with a net worth of US$84.5 billion. After the donation, Ben Silverman, research director at InsiderScore, told Bloomberg , "It's a change in how he distributes that asset". (more...)
Toyota, Mazda unveil capital tie-up plans Toyota, Mazda unveil capital tie-up plans
- August 05, 2017

In a tweet early Friday morning, Trump praised Toyota and Mazda for investing $1.6 billion in a new US assembly plant. Yesterday, Nikkei reported that Toyota would take around 5% stake in Mazda to develop key electric vehicle technologies and jointly build a factory in the US. (more...)
Australian Dollar Rises After Chinese PMI Beats, RBA on Deck Australian Dollar Rises After Chinese PMI Beats, RBA on Deck
- August 03, 2017

But he warned that recent rise in the Australian dollar "is expected to contribute to subdued price pressures in the economy" as well as "weighing on the outlook for output and employment". There is also likely to be a short-term pick up in inflation , as measured by the consumer price index, as higher electricity and tobacco prices flow through. (more...)
USA auto sales fall as makers cut rental sales USA auto sales fall as makers cut rental sales
- August 03, 2017

Analysts have been predicting lower sales this year as demand levels out after an unprecedented seven straight years of growth. "Customers across the country drove retail gains of Ford brand SUVs in July", U.S. The company, however, said Jeep sales came in at 9,842 units for July - the highest monthly total in Canada in 75 years. Fiat Chrysler ended production of many models it at one time sold to rental fleets. (more...)
Foxconn selects U.S. site for plant Foxconn selects U.S. site for plant
- July 31, 2017

Foxconn founder and Chairman Terry Gou , left, and Gov. Scott Walker sign a memo of understanding Thursday at the Milwaukee Art Museum setting out the conditions under which Foxconn agrees to bring a plant to southeastern Wisconsin . (more...)
Diamond Bank Confirms Apapa Fire Incident Diamond Bank Confirms Apapa Fire Incident
- July 21, 2017

PM News reports that the policeman shot a trailer driver who got into a scuffle with him when he refused to allow him (trailer driver) park in front of the bank since the entire Burma Road had been overtaken by indiscriminate parking by trailer and tanker drivers. (more...)
BBC presenters' 6-figure salaries exposed, revealing massive gender pay gap BBC presenters' 6-figure salaries exposed, revealing massive gender pay gap
- July 20, 2017

Presenter and talk show host Piers Morgan disagrees. Clare Balding is also one of the top earners, with a salary of £150,000 - £199,999. In the United Kingdom, there is a $190 annual fee exacted on every television-owning household, as well as those who watch BBC programs online. (more...)
BHP Billiton Q4 Total Iron Ore Production Up 8% BHP Billiton Q4 Total Iron Ore Production Up 8%
- July 20, 2017

Institutional investors own 2.99% of the company's stock. BHP Billiton Ltd., the world's biggest mining company, stated fourth-quarter iron ore output rose 8 percent on capacity additions and supply chain improvements. The legal version of this story can be accessed at https://www.thecerbatgem.com/2017/07/19/investors-buy-high-volume-of-bhp-billiton-limited-call-options-bhp-updated.html. (more...)
Audi comes a cropper with Chinese mother-in-law Audi comes a cropper with Chinese mother-in-law
- July 20, 2017

The older woman grabs the bride's nose and ears, pinches her lower lip and peers at her teeth and tongue. Audi is facing controversy in China over a commercial that directly compares getting married to the process of checking out a used auto. (more...)
Cowboys' Lucky Whitehead Claims His Puppy Is Being Held For Ransom Cowboys' Lucky Whitehead Claims His Puppy Is Being Held For Ransom
- July 19, 2017

Whitehead asked his Instagram followers to contact him if they know anything about his dog's whereabouts. The post on Instagram went up Sunday and the National Football League player writes, "I strongly advise you stop and return my boy safely before it gets any worse". (more...)
United States imposes new sanctions on Iran over missile tests
- July 19, 2017

In a growing battle between Trump and his cabinet, Trump was planning to tell Congress he wouldn't recertify compliance, while conceding that there was no example of Iran not complying with the deal. Instead, Tehran has argued that the US hasn't lived up to its end of the bargain by pressing European allies not to do business with Iran. The five nuclear powers - China, Russia, France, Britain, the United States - plus Germany, are planning to meet this Friday to take stock of the deal. (more...)
Where to Celebrate National Fry Day Where to Celebrate National Fry Day
- July 14, 2017

French fries might just be the ideal food, due to their customizability. BurgerFi: Buy any burger or hot dog on Thursday and get a free regular fries. Dairy Queen: Get a small order of fries for $1. On National French Fry Day, Fox Pizza is offering customers a half hoagie, a 20-oz. drink, and wedge fries for only $6.99 with the coupon code HG699. (more...)
Why India's biggest stock exchange had to shut Why India's biggest stock exchange had to shut
- July 11, 2017

The Economic Times reported that around 10.20 am, the bourse said the glitch had been fixed and announced a pre-open session at 10.30 and start of trade in both cash and F&O segments from 10.45. "There is a need to have a clear framework as is the case with a flash crash", said Sandeep Parekh of Finsec Law Advisors. But the glitch didn't allow that. (more...)
Martial law to remain in Southern Philippines
- July 11, 2017

Last Tuesday, the Supreme Court affirmed the legality of Duterte's martial law declaration in Mindanao , officially setting aside the opposition's bid to overturn it. Padilla said the government would initially provide tents to the Marawi evacuees, and then build a "single detached cottage" for every family member as temporary shelter. (more...)
What? Where? When? Updates T20 Cricket Match: India vs West Indies 2017 What? Where? When? Updates T20 Cricket Match: India vs West Indies 2017
- July 10, 2017

The guys have played in IPL, so have a lot of exposure. Riding high after clinching the One-Day International (ODI) series , the Indian team will look to repeat their performance against West Indies in the one-off Twenty20 International (T20I) at Sabina Park . (more...)
US Ambassador: North Korean Missile Was A 'Clear & Sharp Military Escalation' US Ambassador: North Korean Missile Was A 'Clear & Sharp Military Escalation'
- July 09, 2017

B-1 Lancer bombers from Guam flew over the Korean Peninsula Friday in response to North Korea's increasing ballistic missile and nuclear threat, according to the US Pacific Air Forces. "We will work with China ... but we will not repeat the inadequate approaches of the past that have brought us to this dark day". Haley said she had consulted earlier Wednesday with President Trump , who now supports using trade to put pressure on North Korea. (more...)
AirAsia flight suffers mid-air emergency after hitting birds AirAsia flight suffers mid-air emergency after hitting birds
- July 05, 2017

An AirAsia flight to Malaysia was forced to return to Australia shortly after take-off following a suspected bird strike, the carrier said Tuesday, the second incident involving the airline in the country in two weeks. Asked if the incident would deter him from flying with budget airlines in the future, Mr Joga, who paid less than $600 for a one-way ticket from New Zealand to India via Australia and Malaysia, said it would not. (more...)
Oil trades near three-week high after United States drilling slows Oil trades near three-week high after United States drilling slows
- July 04, 2017

Experts have described what has happened to oil prices since February 2017 as the worst half recorded in 20 years. Forty-six percent see it holding in the high $30s if it does go below $40 per barrel. The market "is still very oversupplied". "The decline signals that USA oil supply struggles to remain profitable between $40 and $45 a barrel", said Vivek Dhar, a commodities strategist at Commonwealth Bank of Australia. (more...)
Kaspersky Lab Offers Source Code To US Govt To End Distrust Kaspersky Lab Offers Source Code To US Govt To End Distrust
- July 04, 2017

It could be that the government has uncovered genuine evidence of manipulation, however it could otherwise be due to a general distrust towards Russian-based software at a time when Russia's government is thought to be behind many hacking attacks, including a campaign to interfere with the U.S. (more...)
Abu Dhabi airport exempt from United States ban on laptops Abu Dhabi airport exempt from United States ban on laptops
- July 03, 2017

The United States on Sunday lifted a ban on laptops in cabins on flights from Abu Dhabi to the United States, saying the United Arab Emirates' Etihad Airways had put in place required tighter security measures. "We welcome the decision by the U.S. Department of Homeland Security", an Etihad Airways spokesperson said. "Effective immediately, the removal of the restrictions allows passengers flying to the U.S. (more...)
Ships Collide in the Dover Strait Ships Collide in the Dover Strait
- July 02, 2017

The UK Coastguard Channel Navigation Information Service ensured the vessels were taken through the Dover Strait "traffic separation scheme" with the coastguard monitoring the scene. Coastguard teams including the search and rescue helicopter, lifeboats and a French tug were all sent to the scene of the crash. Huayang Endeavour was en route to Lagos in Nigeria while Seafrontier was travelling to Puerto Barrios in Guatemala. (more...)
Sony Is Bringing Vinyl Back - for the First Time in 28 Years Sony Is Bringing Vinyl Back - for the First Time in 28 Years
- July 01, 2017

In fact, they're popular enough in Japan that Sony is preparing to restart mass production after almost 30 years. Sony Music Entertainment announced earlier this week that it will start making vinyl records once again, ending a hiatus of close to three decades. (more...)
Shooting At San Francisco UPS Leave 4 Dead, Including Shooter Shooting At San Francisco UPS Leave 4 Dead, Including Shooter
- June 28, 2017

Emergency vehicles are parked and police gather outside a UPS package delivery warehouse where a shooting took place Wednesday, June 14, 2017 , in San Francisco . "He's a mess right now", she said. "The company is saddened and deeply concerned about affected employees, family members and the community we share", he said. (more...)
New Analyst Ratings For Coca-Cola HBC AG (CDI) (LON:CCH) New Analyst Ratings For Coca-Cola HBC AG (CDI) (LON:CCH)
- June 25, 2017

It is 0.00% or $0 reaching $0 per share. The firm earned "Buy" rating on Thursday, October 22 by UBS. Vetr upgraded the shares of KO in report on Monday, August 31 to "Hold" rating. Seaward Mgmt Partnership accumulated 273,312 shares. Allen Inc New York holds 6.00 million shares. Bogle Investment Management L P De owns 1.32 million shares or 0.76% of their U.S. (more...)
Dozen frustrated Dems face steep challenge to unseat Pelosi Dozen frustrated Dems face steep challenge to unseat Pelosi
- June 25, 2017

I'm a strategic, politically astute leader. The reality is that Pelosi represents one of the most liberal districts in the country's most liberal state. Trump wrote, referring to Pelosi and Senate Minority Leader Chuck Schumer. Pelosi certainly has her problems - this is one of the few things Republicans and Democrats can agree on. (more...)
Punjab Council approves budgetary proposals for 2017-18 ahead of budget presentation
- June 21, 2017

The decision was based on the interim report of an expert group, headed by eminent economist Dr. T. Haque, which was tasked with identifying ways to help the state's distressed farming community. These include creation of land banks in all major towns to enable young entrepreneurs to set up industries or shift existing industries to new areas, fiscal incentives for border and kandi areas, simplification of process of obtaining CLU and the establishment of Industrial Policy Implementation ... (more...)
Britain, EU to begin Brexit negotiations on Monday
- June 18, 2017

Philip Hammond, Britain's finance minister, says protecting the British economy should be the main goal of upcoming negotiations over the country's exit from the European Union . May said on Tuesday that talks with the DUP had been productive - a view shared by DUP leader Arlene Foster - and that Brexit negotiations would begin as planned next week. (more...)
Banning Flippers? North Korea lashes out at trade sanctions
- June 17, 2017

Warmbier said . "The regime returned 22-year-old Warmbier to the United States on Tuesday, after he spent 17 months in a North Korean prison for allegedly trying to steal a government poster during his trip". A 2014 landmark report by a United Nations investigators cataloged massive human rights violations in North Korea which they said could amount to crimes against humanity. (more...)
Oil futures pick up on news of fall in US crude stockpiles
- June 10, 2017

At last week's meeting of Organization of Petroleum Exporting Countries ( OPEC ), the cartel and its partners agreed to extend their production cuts of around 1.6 million barrels a day through the end of March 2018. Resurgent supplies from US shale drillers and fading growth in fuel demand mean that world oil markets could face another overhang next year, the banks predict . (more...)
Take a Vacation? Not Me, Says Action Star Tom Cruise Take a Vacation? Not Me, Says Action Star Tom Cruise
- June 10, 2017

And like Disney's ( DIS ) Marvel films, the universe already has its own logo and theme, which will play before " The Mummy ". We're assuming all that palaver about finding and capturing evil from Dr. During a recent episode of Entertainment Weekly: The Show , the English actress recalled what it was like to shoot a grueling zero-gravity stunt alongside one of the world's biggest movie stars . (more...)
Hawaii defies Trump, commits to the Paris Agreement anyway
- June 10, 2017

Strimling recently joined the Climate Mayors network, a growing coalition of 246 municipal leaders who have committed to upholding the tenets of the Paris Agreement . Moving toward reducing emissions and using renewable energy can contribute to job creation and market growth. The city had switched nearly all street lights to LEDs, getting a 22 per cent return on investment through lower electricity costs; created 405ha of parkland; and through traffic reorganisation and walking zones ... (more...)
Commuters Throw Impromptu Graduation Party For Student Stuck On Train Commuters Throw Impromptu Graduation Party For Student Stuck On Train
- June 09, 2017

One of Alcantara's friends who accompanied him on the journey told Gothamist the grad left from Jackson Heights at 8:20 a.m.to make sure he would get to the East 25th Street campus by 10 a.m. Because he missed such an important event, however, his fellow stranded New Yorkers hosted a makeshift graduation ceremony on the crowded subway auto. (more...)
China factory activity held steady in May, index shows China factory activity held steady in May, index shows
- June 09, 2017

It said that the worldwide demand for Indian-manufactured goods deteriorated in May, as signalled by a decline in new export orders. "The euro zone upturn is developing deeper roots as factories enjoy a spring growth spurt", said Chris Williamson , chief business economist at IHS Markit . (more...)
US employers add modest 138K jobs; rate dips to 4.3 percent
- June 03, 2017

Overall, employers added 810,000 jobs through the first five months of the year averaging 162,000 each month. Under his leadership, Express has put more than 6 million people to work worldwide. It may also be a sign businesses are reluctant to expand their workforce until they see more evidence the new administration's plans are translating into legislation that'll reduce taxes and spur growth. (more...)

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