Finance

Huawei profits increase by 25% to $8.8 billion

Huawei profits increase by 25% to $8.8 billion They are bugs, not feature - these are the findings of a UK-based cybersecurity oversight institution about the security vulnerability of products of Huawei , the second largest smartphone manufacturer of the World. "We welcome the European Union's attitude", said Guo. "In 2019, we are cautiously optimistic about the growth in 5G business", Guo Ping (郭平), one of the company's three rotating c... [Full Article...]

Elon Musk drops rap song eulogizing Harambe the gorilla

Elon Musk drops rap song eulogizing Harambe the gorilla Harambe , a 17-year-old gorilla at the Cincinnati Zoo, made headlines in May 2016 when he was shot and killed after a child slipped into his enclosure, though his legacy carried on in the form of endless viral memes. Since it was uploaded early Saturday, the song was been streamed over 250,000 times. This was revealed after it was discovered that Juggalo makeup is not detectable by facial recognit... [Full Article...]

Erdogan says his party wins election in Istanbul

Erdogan says his party wins election in Istanbul The opposition also retained its hold over Izmir, Turkey's third-largest city. Ankara State Media says Erdogan's AKP alliance has taken just over 50% of the national vote with the main opposition camp at 38%. The foreign ministry said the comments on civil liberties were "out of place" and beyond the group's remit, though Ankara would maintain a constructive approach towards election observe... [Full Article...]

Facebook increases transparency, gives users greater control over News Feed

Facebook increases transparency, gives users greater control over News Feed That's why Facebook, perhaps in an attempt to satisfy critics and regulators, is now giving users even deeper insight into what gets included in their News Feed, including why you're seeing ads from certain companies. It's an expansion of sorts to 2014's " Why am I seeing this ad? ", which served the same function but exclusively for ads. How often you like a person's posts and how often you engag... [Full Article...]

British MPs seek new path for Brexit after deal rejected again

British MPs seek new path for Brexit after deal rejected again A power vacuum has paralyzed the heart of Britain's government, dismaying both the European Union and the British public. A second round of non-binding " indicative votes " on Monday aims to test support for alternatives to Prime Minister Theresa May's divorce deal with the EU. [Full Article...]

Major delays as multiple airlines face system-wide issues

Major delays as multiple airlines face system-wide issues Canada's Alaska Air Group Inc also said on its social media account that it was experiencing a system-wide outage. Original post at 7:24 a.m. Southwest Airlines, Delta Air Lines, United Airlines and Alaska Airlines are experiencing system-wide outages Monday leading to customers across cities in the USA complaining about flight disruptions. [Full Article...]

Jeep Gladiator Costs More Than the Wrangler, but Not by Much

Jeep Gladiator Costs More Than the Wrangler, but Not by Much Customers will be able to reserve a Launch Edition on Thursday, April 4, which is Jeep 4×4 Day. This week, The Car Guide team is flying to northern California, in the Sacramento region, to test-drive the first Jeep pickup in over 25 years, the all-new 2020 Jeep Gladiator . [Full Article...]

Big petrol price increase confirmed

Big petrol price increase confirmed The retail price of petrol in South Africa will rise by almost 9% from April 3, while the price of wholesale diesel will increase by close to 6%, the energy department said on Sunday. Similarly, the Ogra had suggested Rs11.17 and Rs6.65 per litre hike in price of high speed diesel and kerosene oil respectively. Petrol will now cost Rs 98.89 after an increase of Rs6. [Full Article...]

China, US trade talks adjourn until next week

China, US trade talks adjourn until next week Hopes of progress in Sino-U.S. trade talks also lifted sentiment. "I look forward to welcoming China's Vice Premier Liu He to continue these important discussions in Washington next week", he said. One person with knowledge of the talks said "translation is definitely an issue", referring to discrepancies between the Chinese and English-language versions. [Full Article...]

AstraZeneca to pay up to $6.9B for cancer drug

AstraZeneca to pay up to $6.9B for cancer drug The collaboration is aligned with AstraZeneca's science-led strategy in Oncology , which is based on four key scientific platforms: tumour drivers and resistance; DNA damage response; Immuno-Oncology; and ADCs. The partnership will use trastuzumab deruxtecan, a proprietary antibody-drug conjugate now in development that treats breast and gastric cancers. AstraZeneca is expected to record produc... [Full Article...]

Following Intense Criticism, Google Lastly Removes ‘Homosexual Conversion Remedy’ App

Following Intense Criticism, Google Lastly Removes ‘Homosexual Conversion Remedy’ App Google said it had removed the app from its Play Store after "reviewing our policies". Google has still yet to remove an Indonesian app which allows users to report "heresy" to the strict Muslim government, however, and has also not removed a Saudi Arabian app which allows men to track and limit women's movements. [Full Article...]

Bureau lowers fourth-quarter estimate of United States real GDP growth

Bureau lowers fourth-quarter estimate of United States real GDP growth The revisions to the fourth-quarter GDP reading reflected markdowns to consumer and business spending, as well as government outlays and investment in home building. United States economic growth was revised sharply lower for the final three months of 2018, down to 2. 2 percent rather than the 2.6 percent originally reported, the government said Thursday. [Full Article...]

Investors hitch a ride on Lyft's IPO at $72 a share

Investors hitch a ride on Lyft's IPO at $72 a share Lyft ended up settling on the maximum figure of $72 when trading began on the Nasdaq. It said it priced 32.5 million shares, slightly more that it was offering originally, at $72, the top of its already elevated $70-$ 72 per share target range. [Full Article...]

Daimler to continue to make Smart vehicles in Slovenia until 2020

Daimler to continue to make Smart vehicles in Slovenia until 2020 The brand has been a loss-maker for parent company Daimler , which also owns Mercedes-Benz, since the launch of its first auto the City Coupe in 1998. Future production will be located in China. "As equal partners, we are dedicated to promoting the Smart brand globally; we will leverage our experience and global competencies in brand management, R&D, manufacturing, supply chain management, an... [Full Article...]

McDonald's will use AI for drive-thru menus

McDonald's will use AI for drive-thru menus The system will also make recommendations in real-time for additional items that a customer may prefer to order, based on their previous orders. Once the ink dries on the deal, McDonald's plans to roll out the foody function this year to Drive Thrus across the country, before expanding into global markets. [Full Article...]

Walgreens Will Sell CBD Products in Indiana

Walgreens Will Sell CBD Products in Indiana Steve Johnson. So far, the regulated sources are growers and processors in MI that are licensed under the Medical Marihuana Facilities Licensing Act. The production cycle of CBD, from the extraction of cannabidiol derived from hemp to laboratory experiment on the stains of hemp, is filled with issues. [Full Article...]

Service restored at terminal where ferry hit dock: BC Ferries

Service restored at terminal where ferry hit dock: BC Ferries Sailings were cancelled after the vessel became stuck after running into the dock at the Langdale terminal at around 8 a.m. Tuesday. The ferry was scheduled to leave Horseshoe Bay at 7:31 a.m. Plenty of people chimed in on Twitter with pictures of the crash and first-hand accounts of what was going on at the dock. BC Ferries said it also relaxed the rules on allowing pets in the passenger areas. [Full Article...]

Ashley mulls last-ditch Debenhams bid

Ashley mulls last-ditch Debenhams bid Sports Direct , which purchased House of Fraser previous year, said after market close on Monday it was considering making an offer to buy Debenhams to save the beleaguered department store chain. Sports Direct recently hit out at Debenhams for rejecting an offer to buy the chain's Danish business, Magasin du Nord, for £100 million - one of several offers it has made to put the department sto... [Full Article...]

Turkey rejects U.S. pressure over Russian S-400 missile deal

Turkey rejects U.S. pressure over Russian S-400 missile deal USA senators have introduced a bipartisan bill to stop transfer of F-35 fighter jets to Turkey amid a major rift between the North Atlantic Treaty Organisation allies over Ankara's purchase of Russia's S-400 missile defence systems. Sources say Turkey will keep directing its banks to withhold lira liquidity from key foreign markets at least until after the local elections . [Full Article...]

US trade gap falls 15 percent to $51.1 billion in January

US trade gap falls 15 percent to $51.1 billion in January That could have been in part due to a slowdown in front-loading - or companies rushing shipments ahead of anticipated escalations in the trade war between the United States and China . Canada's trade surplus with the United States fell to $1.6 billion in January compared with $1.8 billion in December as exports to the USA rose 1.1 and imports from the Canada's largest trading partner rose 1.8 per... [Full Article...]


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