Markets

Markets KFC contest giving $11K to parents who name baby 'Harland'
Author: 0 KFC contest giving $11K to parents who name baby 'Harland'

The first parents to name their newborn baby "Harland", on September 9 will win $15,000 for their child's university education. While competition will be fierce, the company will check each entry to make sure that the baby's first name is indeed the first Harland born on the day.

Markets Trump moves to freeze pay in 2019 for federal workers
Author: 0 Trump moves to freeze pay in 2019 for federal workers

In a letter to congressional leaders, Trump said the government would forgo a 2.1 percent pay increase for federal workers due January 1 and specified that there would be no across-the-board increase for 2019. President Trump goes after federal raises, but how much is $ 25 billion really? Congress does have the option to override Trump's freeze on federal raises.

Markets Argentine peso starts to recover after two days of crashes
Author: 0 Argentine peso starts to recover after two days of crashes

Nerves are frayed in Latin America's third-biggest economy as it struggles to break free from its notorious cycle of once-a-decade financial crises. He said the decision sought to dispel any uncertainty, but he did not specify the amount or when the funds would be released.

Author: 0 Ford Scraps Plan to Import China-Built Small Car Due to Tariffs

Ford also said it will not change its mind about dropping the Focus Active from its lineup should the tariffs go away. Daimler AG cut its profit outlook for this year in June, citing in part an expectation that Chinese customers would buy fewer Alabama-built sport utility vehicles as a result of Beijing's retaliatory tariffs on USA auto imports.

Markets 'Hello?' President Trump's trade phone call with Mexican president has awkward start
Author: 0 'Hello?' President Trump's trade phone call with Mexican president has awkward start

Green cited an API report from 2017 that asserted NAFTA supported 10.3 million US natural gas and oil industry jobs, while also providing benefits to consumers, energy security and open markets. As Trump blithely repeated his threat to dump Canada, Mexican President Enrique Pena Nieto repeatedly stressed - four times his disembodied voice permeated the Oval Office via speaker phone - that bringing Canada into the deal was the next move.

Markets Trump threat to quit WTO over 'the worst trade deal ever made'
Author: 0 Trump threat to quit WTO over 'the worst trade deal ever made'

Trump said he was considering the possibility of withdrawing the U.S. from the organization during an interview with Bloomberg News on Thursday. His remarks, made in an interview with Bloomberg News on Thursday, were the latest in a series of attacks on institutions of the global order that the U.S.

Markets Indian Rupee slumps to record low of 71 per dollar
Author: 0 Indian Rupee slumps to record low of 71 per dollar

The rupee registered a fresh all-time closing low of 71 against the USA dollar. Rupee was overvalued on trade weighted real effective exchange rate. Forex dealers said besides strong month-end demand for the American currency, buying by importers, mainly oil refiners in view of surging crude oil prices and capital outflows, weighed on the domestic currency.

Author: 0 GDP growth accelerates in Q1; highest in over two years

Last year's tax reform was seen as broadly positive for the Indian economy in the long run, but "the hurdles to "big bang" reforms on land and labor could prove to be much bigger", she added. Gross Value Added ( GVA ) for the given quarter rose by 8 percent as against 5.6 percent in the same quarter of previous year. Finance Minister Arun Jaitley, on Thursday, said that India is all set to take over the United Kingdom as the world's fifth largest economy.

Markets Aston Martin London Stock Exchange flotation intent confirmed
Author: 0 Aston Martin London Stock Exchange flotation intent confirmed

The sports vehicle maker has been considering an initial public offering for some time. Aston Martin , the British luxury vehicle brand favoured by fictional spy James Bond, announced on Wednesday (Aug 29) plans to list a quarter of its shares on the London stock market.

Markets Buffett says Berkshire buying own stock, and more of Apple
Author: 0 Buffett says Berkshire buying own stock, and more of Apple

Paytm , founded by Vijay Shekhar Sharma in 2010, counts China's Alibaba Group and its financial services arm Ant Financial Services Group among its investors. While several Berkshire portfolio companies have operations in India but it had not made any direct investments until now. The Noida-based company was one of the biggest beneficiaries of the government's demonetisation move in November 2016, that pushed adoption of digital payments across the country.

Markets Coca-Cola takes plunge into coffee with $5.1-billion Costa deal
Author: 0 Coca-Cola takes plunge into coffee with $5.1-billion Costa deal

The two companies said on Friday that Coke, one of the biggest soft drinks groups in the world, would buy Costa's nearly 4,000 outlets across markets such as Britain, Europe and China after Whitbread's board unanimously backed the deal. Coca-Cola president James Quincey welcomed the acquisition, saying: "Costa gives Coca-Cola new capabilities and expertise in coffee". "We were not interested in a sale other than to somebody who had a strategic rationale and therefore would be able to ...

Markets Tesla takes flight in Barrie, driver charged
Author: 0 Tesla takes flight in Barrie, driver charged

In the video posted above, the vehicle can be seen going airborne as it hits an incline leading up to a set of railroad tracks. A Canadian man discovered his Tesla could fly, the downside being that it's now "demolished". "It may look "cool" and like something from out of the movies, but in reality the action of this driver put many lives at risk, including his own", Barrie Police said on Twitter .

Markets Five things to know about today's Trans Mountain pipeline court ruling
Author: 0 Five things to know about today's Trans Mountain pipeline court ruling

The ruling requires the energy board to conduct a new review -which the court suggests could be kept short - and means the government will have to redo part of its consultation with Indigenous groups. The court ruled that the energy board review contained a fatal flaw: it excluded the project's impact on marine shipping. McLeod said most Indigenous groups in her riding support the project, with community benefits agreements in place and employment opportunities on the table.

Markets JetBlue is raising fees on baggage and ticket changes
Author: 0 JetBlue is raising fees on baggage and ticket changes

TODAY IN THE SKY: Top frequent flier purposes belong to JetBlue, SouthwestAlso increasing: alternate charges. Quickly on the heels of US -airline Jet Blue Airways, Canada's two largest airlines are charging more - the first bag will increase by $5 and the second by nearly 70 per cent from $30 to $50.

Markets Vodafone, TPG to become $15b telco giant
Author: 0 Vodafone, TPG to become $15b telco giant

The two companies on Thursday confirmed to the ASX they plan an all-scrip, merger-of-equals, after revealing the discussions last week. TPG Telecom Limited will be well positioned to capitalise and 5G opportunities and offer significant scale across the country with complementary fixed line and mobile networks to create a stronger challenge to Telstra and Optus, a presentation on the proposal says.

Author: 0 Facebook rolls out Watch video service internationally

Facebook's effort to become the new AOL with an all inclusive "internet" that keeps users within their website continues today with the global launch of Facebook Watch . The service also updated its advertising guidelines with its global launch, allowing more content creators to include ad breaks and earn revenue from their videos.

Markets Elon Musk seems to revive 'pedo' claims against Thai cave rescue diver
Author: 0 Elon Musk seems to revive 'pedo' claims against Thai cave rescue diver

Musk told Olanoff that he found it unusual that Unsworth has not sued him, adding that Unsworth was even offered "free legal services". At one point, Musk even noted that "You don't think it's odd he hasn't sued me?" Some background: Musk called Unsworth a " pedo " on Twitter last month after Unsworth criticized a mini-submarine Musk contributed to the rescue attempt of 12 Thai soccer boys and their coach trapped in a cave with their coach.

Markets 99.3% Of Demonetised Currency Notes Returned To Banks So Far: RBI
Author: 0 99.3% Of Demonetised Currency Notes Returned To Banks So Far: RBI

While the share of Rs 500 note, in terms of value, has increased from 22.5% to 42.9% during the same period, reported the Hindu . Pieces of old fake 1000 rupee notes lay on the street during a protest, organised by India's main opposition Congress party, to mark a year since demonetisation was implemented by Prime Minister Narendra Modi, in Ahmedabad, India November 8, 2017.

Markets US And Mexico Reach Trade Deal To Replace NAFTA
Author: 0 US And Mexico Reach Trade Deal To Replace NAFTA

Al Jazeera's Kimberly Halkett, reporting from Washington , DC, said Trump was "delivering" on promises made during his successful presidential campaign to renegotiate major trade deals affecting U.S. Its proposed replacement raised questions about Canada's place in the trade deal, and whether it would be left out of the pact going forward. More importantly, Trump is in no position to negotiate one or the other, since his fast track authority from Congress is for a trilateral renewal of NAFTA.

Author: 0 Tez is rebranded to Google Pay as Google unifies its payment services

The company also announced that 22 million people now use Tez every month. Digital lending is also becoming a part of the new Google Pay . Google also stated that over time, the company will bring many India-specific Tez features to Google Pay users in other countries just as the country has brought features launched elsewhere to India.

Markets Trump announces trade pact with Mexico
Author: 0 Trump announces trade pact with Mexico

The president's own staff then also undercut the message. "Trade Representative Robert Lighthizer appears to have weakened US demands that the new deal should include an automatic five-year break clause, under which the agreement would need to be explicitly renewed by the legislative bodies in each of the three countries", Ashworth said.

Markets U.S., Mexico reach NAFTA deal, turning up pressure on Canada
Author: 0 U.S., Mexico reach NAFTA deal, turning up pressure on Canada

Back against the wall or holding all the cards: Analysts were split on Canada's position in continental trade negotiations after US President Donald Trump announced a breakthrough deal with Mexico on Monday. He noted, for example, that Trump said nothing Monday about dropping Trump's tariffs on Mexican or Canadian steel - tariffs that were imposed in part to pressure those countries to reach an agreement on NAFTA.

Markets China's Didi suspends service after second rider murdered
Author: 0 China's Didi suspends service after second rider murdered

In the latest case, the arrested driver had passed background checks and had no prior criminal record, Didi said. Didi came under intense scrutiny in May, when state media reported a driver used his father's account to pick up and kill a woman in the central city of Zhengzhou.