Business

Man smashes up new hotel with digger because 'he hadn't been paid'

A man is to be interviewed by detectives investigating after the front of a hotel was destroyed by a digger , police have said . Remember the man who ramm...


China’s unlikely to rebound from its slowdown anytime soon

Analysts at Standard Chartered point out that China's GDP growth moderated to 6.4% y/y in Q4-2018 from 6.5% in Q3 and 6.8% in H1, in line with market expectat...


India's contribution to world growth doubles in a decade

The commodity-linked Canadian dollar weakened against its USA counterpart on Monday after data showed a slowdown in China's economy and the International Moneta...


Ghosn vows to stay in Japan if granted bail

Mr. Ghosn, who is 64 years old and has been in custody since his November 19 arrest , is due for a bail hearing Monday after his bail request was denied by a ...


UK PM May Gives Statement on Alternative Brexit Plan

The People's Vote campaign for a second referendum last week published results of a snap YouGov poll that showed support for remaining in the European Uni...


Indian economy poised to pick up in 2019, says International Monetary Fund

However, the U.S. and China , the world's two largest economies and the source of much of the global risk because of a trade war, did not see revisions. Tim Ry...


Google fined record £44m by French data protection watchdog

Users have to take too many steps, "sometimes up to 5 or 6 actions", to find out how and why their data is being used, the commission said. In a statement o...


China offers to ramp up US imports to address trade surplus

Department of Agriculture recently told the U.S. meat industry that chicken products are being discussed as part of the broader trade negotiations with China ...


Teresa May’s foes gather as Britain’s Brexit stalemate drags on

She is "sticking rigidly" to the same plan that was shot down by Parliament earlier this week, he wrote. Corbyn's positioning Labour for a possible fresh vo...


Trump Cancels Delegation's Trip Amid Shutdown - World News

A white house official says that all congressional delegations overseas that would have used federally funded military aircraft have been grounded by trump un...


Microsoft's $500m investment to tackle Seattle housing crisis

Microsoft is pledging a half-billion dollars to help middle- and low-income families find affordable housing in the Seattle area , near the software giant's ...


At least 66 killed after Mexico pipeline blast

The troops pulled back after a "massive arrival" of villagers. Distraught relatives are still gathered at the field where the explosion took place. Earlier,...


Shopko Files for Chapter 11 Bankruptcy Restructuring

Sister Bay Village President David Lienau says keeping the Shopko Hometown store open is welcomed news. Today's announcement provides clarity about the path f...


Federal choose sides with Trump, permitting employees to go unpaid throughout shutdown

Judge Richard Leon said at a January 15 hearing that it would be "profoundly irresponsible" to issue judicial orders that would force some workers home or req...


Facebook to invest USD 300 million to help local news survive

Facebook Inc will invest $ 300 million over three years in local news globally as it faces blistering criticism over its role in the erosion of the news busine...


Musk fires over 3,000 Tesla staff over 'tiny profits', Model 3 challenges

While it succeeded in scaling up output of its Model 3, the company missed analysts' production targets during the fourth quarter, and it's had to cut prices to...


Trump signs law ensuring shutdown pay for government workers

Later this year , Congress and Trump will have to renew the government's borrowing authority or face the first federal default, which many believe would batt...


Trump's fast food feast gets skewered by Stephen Colbert

Burger King has low-key trolled US President Donald Trump over his tweet about ordering "hamberders" for an exclusive celebratory dinner at the White House. ...


Dow Jones Gets Huge Boost: Goldman Sachs Soars 9%

The stock has an average rating of "Hold" and a consensus target price of $258.31. Goldman Sachs shares surged 9.5 percent, providing the greatest boost to ...


May's government survives no confidence vote

Theresa May has survived a no confidence vote in her government by 325 to 306. She set out a schedule of cross-party talks that began immediately with meet...


Huawei founder denies spying for China in rare interview

Recently, Huawei has been attempting to expand overseas but has found some of its efforts thwarted by nervous governments. Although the firm has repeatedly h...


USA sounds alarm about China’s military and economic inroads in Indo-Pacific

In addition to the DIA report, the Air Force on Wednesday released its own unclassified study on the militarization of space - which also discussed China's ...


China calls proposed USA legislation against Huawei, ZTE "hysteria"

In a case brought forward in 2014 , Huawei was charged with misappropriating robotic technology from one of T-Mobile's labs in Washington state. The Chinese ...


Atlanta airport: More than 1 hour of waiting at checkpoints

Concourse G was to close after 1 p.m. Saturday, Sunday and Monday, he said. Passengers are forced to go through a surrounding checkpoint and then walk or take t...


China slams Trudeau remarks on death penalty case

Chinese Foreign Ministry spokeswoman Hua Chunying, speaking at a regular news briefing, expressed "strong dissatisfaction" with the comments. Canada had pre...


May faces confidence vote after Brexit humiliation

The battle now is over not whether May loses, but how badly. That seems the most likely outcome, given the explicit backing May has received from the Democrat...


President Trump on border wall: "I will never, ever back down"

With low prices and the ongoing trade dispute with China, farmers , too, have been impacted by the shutdown; the Agriculture Department (USDA) had to delay rel...


Air traffic controllers warn of possible staffing shortage at DIA

Ron Singer, the national media manager for Nav Canada, which manages the country's civil air navigation, says Canadian and American air traffic controllers in...


Vancouver-based Goldcorp Inc. acquired for $10 billion United States dollars

It is the latest major consolidation in the global gold industry in recent months, following Barrick Gold's $US6.5 billion deal to acquire Randgold Resources th...


Theresa May’s Brexit deal overwhelmingly rejected by MPs

Theresa May faces an uphill battle to convince MPs to back her deal. The Public Administration and Constitutional Affairs Committee said any expression of no ...


Trump predicts U.S. will reach trade deal with China

Customs data released Monday show exports rose 11.3 percent to $478.4 billion despite President Donald Trump's punitive tariffs in a fight over Chinese technolo...


PG&E to declare bankruptcy

PG&E said in a company filing Monday that it has only about $1.5 billion in cash and cash equivalents on hand. "We believe a court-supervised process under C...


Trump says USA will hurt Turkey economically if it hits Kurds

U.S. forces have fought alongside a Kurdish militia in northern Syria against the Islamic State (IS) group. The "long overdue" American withdrawal from Syri...


Zimbabwe in chaos: Mnangagwa raises fuel prices to MK2,400

But he warned that the government would come down hard on "elements bent on taking advantage of the current fuel shortages to cause and sponsor unrest and insta...


IMDb Launches Free Streaming Platform ‘Freedive’

Fire TV customers will see the new IMDb Freedive icon in the “Your Apps & Channels” row, making it easy to find free movies and TV shows. Operated as an Am...