Economy

by | April 24, 2019 | 09:46

More than $1 billion in corporate and private investment has been plowed into some 50 Lidar startups over the past three years, including a record $420 million in 2018, according to a Reuters analysis of publicly available investment data in March.

by | April 23, 2019 | 03:31

Pompeo said the administration has used the "highest possible care to ensure market stability", especially by working with partners Saudi Arabia and the United Arab Emirates to increase production. 'Despite high and fast-rising oil prices and high geopolitical disruption risk, (Trump) is betting the farm that Saudi Arabia and the UAE will contain upward price pressure by more than offsetting Iranian oil, ' said Robert McNally, president of Rapidan Energy Group, an energy consultancy.

by | April 22, 2019 | 17:40

In early trading on Monday, Benchmark Brent crude oil futures rose by as much as 3.2 percent to $74.30 a barrel, the highest number since November 1. "On Monday morning, Secretary of State Mike Pompeo will announce to the media that, as of May 2, the State Department will no longer grant sanctions waivers to any country that is now importing Iranian crude or condensate", two State Department officials were quoted as saying to the paper.

by | April 21, 2019 | 03:43

Shares of Zoom Video Communications also surged in the video conferencing company's opening day of trading Thursday, closing 72 percent above their IPO price of $36. Just three weeks ago, Lyft also did well on its first trading day before Wall Street pumped the brakes. The company had $755.9 million in revenue in 2018, up from $472.9 million the previous year.

by | April 20, 2019 | 14:45

It means Amazon will not be able to operate a marketplace of provide seller services through Amazon.cn, and will now focus on selling overseas goods and cloud services instead. In 2008, Amazon's share of the market was 15.4%, eMarketer said. Alibaba in January reported its lowest quarterly earnings growth since 2016, while JD.com is responding to the changing business environment with staff cuts .

by | April 20, 2019 | 14:26

Admission is free . Often a special guest appears at the Easter egg hunt, the Easter Bunny. Activities start at 10 a.m. and end at 2 p.m. If you find one, bring it to the egg exchange and you will get a prize donated by downtown merchants.

by | April 19, 2019 | 05:11

Also contributing to March's inflation rate was an increase of 1.1 per cent in the index for the "Transport" division. Across England, average house prices increased by 0.4% over the year to February 2019, to reach just under £243,000. monthly retail sales, might be looked upon to grab some short-term trading opportunities amid relatively lighter trading conditions ahead of a long Easter weekend.

by | April 18, 2019 | 02:56

That remark came after Barr told a Senate panel he believed there was "spying" by US intelligence authorities on Trump's 2016 campaign - a charge he later tried to walk back . Democrats have been calling for Mueller himself to testify before Congress and have expressed concern that Barr will order unnecessary censoring of the report to protect Trump.

by | April 18, 2019 | 00:57

An industry survey by FactSet had pegged this figure at 5.48 million. "What's making investors nervous is that there are signs of a slowdown in the second-quarter subscriber growth", said Haris Anwar, senior analyst at Investing.com. Similar to Netflix, Disney + will be ad free and while some brands might see this as a challenge, Joseph said brands can still work around this through product placement, brand integration in content, strategic partnerships, events, social media and ...

by | April 17, 2019 | 22:54

In other words, these multibillion-dollar technology giants have finally buried the hatchet and agree to once again help each other get richer and stop spending fortunes on lawsuits. Qualcomm could have been on the hook for as much as $27 billion in damages for overpaid royalty fees. Apple said it had been overcharged by billions as a result and, following its initial U.S.

by | April 17, 2019 | 22:40

As the crisis-hit airline's board is meeting here, reports said the carrier might be temporarily suspending its operations due to cash crunch. The embattled airline's share price dropped 12 per cent to 230.45 rupees after The Economic Times reported that its management has mooted ceasing operations entirely, recovering from an initial 18 per cent drop.

by | April 17, 2019 | 22:40

Jet Airways had requested its lenders for aditional Rs 400 crore but it was rejected. Consequently, with immediate effect we are compelled to cancel all global flights as well as our domestic flights. A year ago Jet had more than 120 planes operating, but the full-service airline has been hit by competition from low-priced carriers such as IndiGo and SpiceJet, along with high oil prices, fuel taxes and a weak rupee.

by | April 15, 2019 | 05:42

All Tesla vehicles that can be ordered online now come with the driver-assistance system Autopilot standard, the company said in a blog post . However, without the model listed on the website, Tesla is keeping customers in the dark about its availability.

by | April 04, 2019 | 03:54

Meanwhile, the American Petroleum Institute (API) reported that U.S. crude oil inventories climbed by 3.0 million barrels in the week ended 29 March 2019. The Saudi Arabia-led oil cartel produced 30.40 million barrels per day (bpd) last month, down 280,000 bpd from February, according to a Reuters survey released on Monday.

by | April 03, 2019 | 04:16

It costs £1 more than the classic beef version - consumers are willing to pay more as the environmental cost of meat is amplified, according to Mr Finazzo. Among its blue-chip backers - Bill Gates and Google Ventures. "Around the taste, around the brand recognition, around the price, all those things were important factors in choosing Impossible", he said.

by | April 03, 2019 | 03:29

A top distributor and grower of avocados has warned that the USA would run out of the fruit in three weeks if imports from Mexico are halted amid any possible border shutdown. "There was a fear on our part, it's very altruistic on our part in the United States which it should be, that they would be picked up by Mexican cartels, and used as drug mules or in human trafficking", he said.

by | April 02, 2019 | 05:14

The Federal Aviation Administration said the problem was caused by the Aerodata airplane planning weight and balance program. Last week, computing issues faced by Sabre's flight reservation and booking system impacted multiple major U.S.

by | March 31, 2019 | 10:40

Indeed, Lyft has acknowledged it may be many more years before it starts making money, especially if its efforts to lower costs by developing a fleet of self-driving cars don't pan out. "The market right now pays more for possibilities than realities". The company also has a network of shared bikes and scooters in various cities, including Los Angeles, Nashville, San Antonio, Chicago and NY.

by | March 30, 2019 | 04:57

Lyft priced its IPO at $72 on Thursday night, putting its value at more than $24 billion. On Friday, the company announced that it will be investing $50 million a year, or 1% of profits, in Los Angeles through Lyft City Works , which supports "locally-driven transportation and other initiatives to improve people's lives in every city where we operate".

by | March 30, 2019 | 02:49

This means you can use it anywhere that takes Apple Pay , and there are some pretty big incentives to do so. Goldman has teamed up with Apple , along with MasterCard, for the launch of the card , benefits of which include 3% cash back on products you buy directly from Apple .