Economy

by | January 27, 2019 | 15:32

Vodafone has suspended the use of Huawei equipment in its core networks, amid mounting security concerns about the Chinese firm's technology. In addition to this, the South Korean tech said that it is already in talks with major mobile operators in Korea, North America and Europe , which are some of the countries that will witness the launch of 5G services sooner than others.

by | January 26, 2019 | 01:42

All flights destined to LaGuardia are now experiencing delays averaging 41 minutes, the FAA said on its website . FAA spokesman Gregory Martin told the Associated Press that it had augmented staffing, rerouted traffic and increased spacing between planes as needed.

by | January 22, 2019 | 00:13

Although EIA forecasts that oil prices will remain lower than during most of 2018, the forecast includes some increase in prices from December 2018 levels in early 2019 in order to keep up with demand growth and support the increased need for global oil inventories to maintain five-year average levels of demand cover.

by | January 19, 2019 | 09:16

But the company grew its headcount by 30 percent in 2018, something Musk said was "more than we can support" on Friday. Musk wrote in a blog post that the Palo Alto, California-based company managed to eke out a profit in the final three months of 2018, though narrower than the hard-won third-quarter earnings it reported in October.

by | January 18, 2019 | 13:39

A company press release said the new automobile reflects GM's move toward all-electric vehicles in the future. GM says the new framework lets GM operate with a new level of flexibility, allowing the company to respond to customer needs and trends with minimal lead and development time.

by | January 18, 2019 | 11:57

She has repeatedly said another referendum would corrode faith in democracy among the 17.4 million people who voted to leave the European Union in 2016. "That's why. I have chose to trigger the plan for a no-deal Brexit", Philippe told reporters. The prime minister is holding cross-party talks on what to do next about Brexit following her crushing parliamentary defeat on Wednesday.

by | January 18, 2019 | 10:57

The shutdown , the longest in United States history, dragged into its 25th day on Tuesday with neither President Donald Trump nor Democratic congressional leaders showing signs of bending on the topic that triggered it-funding for a wall that Trump promised to build along the border with Mexico .

by | January 16, 2019 | 22:47

He is now insisting that Democrats cave to his demands and has said he is prepared to continue the shutdown for months, or even years, if necessary. Describing the fare as "great American food", per a pool report, Trump said: "If it's American, I like it.

by | January 16, 2019 | 22:18

Former Gov. Scott Walker and U.S. Rep. Alexandria Ocasio-Cortez continue to butt heads, and this time the two took to Twitter to express their differences on marginal tax rates. "I understand guys like this like the back of my hand". Asked at the White House to respond to her, Trump shook his head, waved dismissively and grimaced: 'Who cares?' After Anderson Cooper called Ocasio-Cortez's 70 percent top marginal tax rate suggestion and other bold progressive proposals a "radical agenda" ...

by | January 12, 2019 | 13:11

And the pain in the pocketbook for Bezos, 54, will be profound. The gossip rag claimed that they'd been investigating Bezos for four months and had learned that he'd been "whisking his mistress off to exotic destinations on his $65 million private jet".

by | January 12, 2019 | 11:26

It would be up to the Fed to decide how to balance those worries with the signals of a strong economy. With no sign of excessive inflation or outsized risk in financial markets, Powell said the Fed would be "waiting and watching" in coming months to see which of those two competing "narratives" plays out.

by | January 11, 2019 | 11:12

Emphasizing the " resolute determination of the two countries to jointly advance the political settlement ", China, Xi pointed out, is fully committed to fostering a dialogue between the DPRK and the United States. If Xi Jinping has lit a fire under Kim's butt to bring him back to the table and start tearing down his warheads and missles, he may wind up doing us a far bigger favor than any new trade deal.

by | January 11, 2019 | 11:10

Lora DiCarlo, a sex toy company was scheduled to showcase its first ever product at CES 2019 or Consumer Electronics Show 2019 along with a plaque for winning one of the Innovation awards at the trade show for Osé Robotic Massager. TechCrunch reports that CES has also banned DiCarlo from exhibiting at CES. If you ask us, a product created to empower women's sexuality and health is far from "profane", and as Haddock made clear in her blog post , it practically screams robotics.

by | January 10, 2019 | 10:58

The greenback was down almost 0.2 percent against the euro at $1.1560. In a Tweet Tuesday morning , President Donald Trump said the talks were " going very well! ". "As for whether this move has any impact to the ongoing China-U.S. trade consultations.to properly resolve existing issues of all kinds between China and the U.S.is good for the two countries and the world".

by | January 09, 2019 | 11:28

The softer tone from the U.S. Federal Reserve last week buoyed global equities, reducing fear that steadily tightening monetary conditions would push the global economy into recession. Meanwhile, crude oil output in the United States is expected to rise by a further 1mln barrels per day in 2019, with capacity constraints envisioned to ease in the second half of the year as new pipelines come onstream,"the WB says in the report".

by | January 08, 2019 | 00:41

While many Americans who rely on a refund to offset holiday costs or give them a beginning-of-the-year boost, President Donald Trump has said he will keep the government closed until Democrats agree to fund the border wall. The government will take your money but it can't do refunds during a shutdown. According to the agency , issuing tax refunds is categorized as a "non-excepted" activity, which means employees responsible for approving and writing checks are furloughed during a shutdown.

by | January 08, 2019 | 00:24

But seasoned Apple watchers will recognise last year as an "S" upgrade year where the company just bolsters its design from the previous year. Above the third camera is an LED flash and a microphone on the bottom. All that camera technology plastered on the back of a sleek, Apple iPhone leads to a super-sized camera bump that we feel will split opinion. But it is something that was expected based on some reports from a year ago.

by | January 07, 2019 | 07:32

Apparently, user location data gathered via the app has been "transferred to others for profit", despite TWC's claims that it only uses said data to improve the accuracy of weather predictions. The app collects location data on where users live and work, as well as the places they visit throughout the day and night, according to the suit .

by | January 07, 2019 | 06:14

Its stock fell to US$142.19. The bruising trade war comes as China grapples with a slowing domestic economy. This was a rebound from Thursday's plunge, which was triggered by a massive drop in Apple's stock. Technology, healthcare and industrial firms and banks made strong gains. Most people in the Western world probably own a smartphone of some kind and, as the devices become commoditised, it's harder for different companies to stand out.

by | January 05, 2019 | 05:20

Apple had issued previous guidance suggesting that revenue for its fiscal first-quarter 2019, ended December 29, would come in at between $89 billion and $93 billion. Apple ended Wednesday's session with a share price of $157.92, which was already a 30% decline from an all-time high of $227.63 on August 27. Nevertheless, the relatively poor earnings performance has depressed Apple's share price by about 8% recently, and may have had a knock-on effect on other tech stocks.