Business

Honda closure 'disastrous' for Merthyr's Kasai plant

After the latest development, Swindon North MP Mr Tomlinson said Honda had told him the move was based on global trends and not on UK's nearing Brexit depar...


White House gets report that could trigger auto tariffs

Chancellor Angela Merkel gave an impassioned defense of the country's vehicle industry to an audience of senior security officials in Munich over the weekend, c...


China accuses Washington of trying to block development

The UK's National Cyber Security Centre has decided that if there is a risk in using Huawei equipment in our 5G networks , it can be managed. The U.S. Ba...


Oil gains as investors grow optimistic over OPEC output deal

Some analysts said the continued rise in US oil production could act as a drag on the current rally. For both benchmarks, these were their highest levels sinc...


RBI approves ₹28,000 crore interim dividend to the government

The meeting, according to sources, will take a call on the interim dividend to be paid to the government during the current fiscal. Today's decision of the tr...


Payless ShoeSource Closing in the Alexandria Area

The Moses Lake and Wenatchee-Area Payless ShoeSource stores will be closing this spring. Payless' online retail operations are already closed, though custom...


Airline flybmi cancels all flights and files for administration

The East Midlands-based airline offered services from various United Kingdom airports and operated 17 regional jet aircraft on routes to 25 European cities. On ...


Britain 'believes Huawei 5G security risks can be mitigated'

Huawei strongly denies claims its equipment can be used for spying. Any decision to allow Huawei to participate in building next-generation 5G networks woul...


Oil Rises as Aramco Said to Cut Output at Biggest Offshore Field

Financial markets, including crude futures, were also generally supported by hopes that the United States and China would soon resolve their trade disputes, whi...


Payless ShoeSource to close all United States stores, report says

According to Reuters , Payless ShoeSource has searched unsuccessfully for a buyer and will now proceed with liquidation. If the company goes under, it will j...


De Blasio: 'Amazon took their ball and went home'

The Amazon deal was expected to provide $30 billion in tax revenues in exchange for almost $3 billion in promised tax breaks. This week, Ocasio-Cortez chee...


Amazon To Lead A $700 Million Investment In Aspiring Tesla Rival Rivian

Production of both the R1T and R1S will take place at the former Mitsubishi-Chrysler plant in Normal, Illinois, which Rivian secured years ago. Amazon's ...


Amazon Gets Itself Into A Very Fine Mesh With Eero Acquisition 02/12/2019

Terms of the deal were not disclosed. Amazon already has millions of Echo speakers and third-party gadgets tied to its Alexa ecosystem in homes, and acqui...


Ocasio-Cortez shocked to learn lobbyists pay others to stand in line

Although no designer has come forward to publicize their participation in Ocasio-Cortez outfit, Glamour magazine reported that internet sleuths went looking f...


Delta passengers injured during severe turbulence; Flight makes emergency landing in Nevada

A passenger recorded video of service carts and other debris littering the center aisle of the plane. His posts included several photos and a video which ...


JPMorgan Chase to create digital coins using blockchain for payments

In other words, you shouldn't expect to see JPM Coin listed on your local cryptocurrency exchange. Once corporate adoption takes off, Farooq said that t...


Backing brother of Jeff Bezos lover ‘leaked photos’

Bezos' investigators have long maintained the expose was driven by dirty politics - given the tabloid's pro-Trump stance and the president's criticism of Bezo...


Amazon pulls out of plans to build headquarters in New York City

But Amazon , a company that has always run on thin margins by seeking ways to save or make money however possible, was able to work over state politicians. The...


Amazon, GM in talks to invest in electric pickup truck maker Rivian

According to Reuters , those two corporate giants are reported to be in talks to invest in Rivian , the 10-year-old electric-vehicle company that unveiled its...


Amazon buys router company Eero to hook deeper into the home

Amazon said that the deal was subject to customary closing conditions, and did not disclose an acquisition price. Eero routers are relatively affordable and ...


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