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EU, UK demand Brexit compromise over Irish border


In a press conference on Thursday after meeting with the EU27 leaders, Tusk was clear that May's plan to keep the United Kingdom tied to Brussels' rules on goods but not services was a non-starter as it threatens the integritiy of the Single Market. Read More »

Amazon launches 'Amazon Storefronts' for American-owned businesses


Amazon is thinking small for a change. According to the report, small and medium-sized businesses selling on Amazon are estimated to have created more than 900,000 jobs worldwide. Little Flower Soap Co, a soap and candle maker in MI, is the subject for Amazon's new nationwide commercial . Amazon also plans to use Storefronts to highlight specific small businesses and their individual owners. Read More »

Audi launches electric SUV in Tesla's backyard, with assist from Amazon


Audi said it will bring Alexa to more cars later this year. A select few buyers will be able to opt for a limited "Edition One" e-tron, which tops out at $86,700. However, to abandon the traditional mirrors in favor of cameras while allowing only Japanese law, but in other countries it is prohibited. The video showing the Intel display at the Craneway Pavilion can be viewed at the following link . Read More »

Amazon's store expansion is beyond ideal for introverts


Having almost 3,000 locations would make Amazon Go the third-largest convenience store chain in the USA, just under 7-Eleven and the parent company of Circle K, according to CSP, an industry publication . Shares of big grocers slipped in response to the report Wednesday. Those companies had already been on notice for more than a year after Amazon bought its way into brick-and-mortar groceries with the $13.5 billion acquisition of more than 470 Whole Foods Market stores. Read More »

30 suffer nosebleed due to Jet Airways' staff negligence


The civil aviation ministry has taken note of the incident and ordered the Directorate General of Civil Aviation (DGCA) to conduct an enquiry and fix accountability. A video has been shared by Twitter user Darshak Hathi, showing passengers using the deployed oxygen masks on air. It went on to add that the plane landed normally as guests " deplaned safely " and taken to terminal. Read More »

Jack Ma walks back promise to create 1M U.S. jobs


On Wednesday Ma told Xinhua, a Chinese news site, "The current situation has already destroyed the original premise". "There is no way to fulfill the promise, but we will not stop our hard work to promote the healthy development of China-US trade". Read More »

European Union's Donald Tusk says will call special Brexit summit mid-November


London and Brussels should rule out a "no deal" Brexit, which could add at least 5.7 billion euros ($6.65 billion) in vehicle tariffs and snarl up production, Britain's automotive industry body warned on Wednesday. The Prime Minister's objection to Brussels' earlier plan, to effectively keep Northern Ireland in the customs union and which would have placed the border with the Republic down the Irish Sea, was anathema to the UK Government, not to mention the Democratic Unionists, who prop it up ... Read More »

Airline spells name wrong on brand new plane


Cathay Pacific , which flies between London and Hong Kong , tweeted a trio of images, the third showing a worker fixing the mistake, with the caption: "Oops this special livery won't last long. Vimal Rai posted: "Great that you can have a laugh about this in public". Hong Kong-based newspaper South China Morning Post reported that the error was likely to be expensive, costing several thousand dollars to fix. Read More »

Coca-Cola wants to make weed-infused drinks


That was after an announcement earlier in August from cannabis company HEXO that it was teaming up with Molson Coors Canada to develop cannabis-infused drinks. Besides Aurora, she said cannabis companies Tilray (TLRY.O) and Aphria (APH.TO) were likely targets for partnerships with big consumer companies looking to get into the market. Read More »

Michael Jordan donates $2M for hurricane relief in NC


We're with you all the way. News correspondent Gadi Schwartz captured a video of a fire ants forming colonies in North Carolina's flooded streets, sharing the video on Twitter . "We're do whatever we have to do to make this ideal", Trump said Wednesday. Hundreds of people waited in long lines for water and other essentials Tuesday in Wilmington , still mostly cut off by high water days after Hurricane Florence unleashed epic floods, and North Carolina's governor pleaded with ... Read More »

Oil edges up on supply concerns


He didn't address how the global oil industry immediately can replace Iranian crude supplies in an already-tight market. Brent futures LCOc1 also rose but the gains were more muted, as the global benchmark ended 37 cents, or 0.5 percent, higher at $79.40 a barrel. Read More »

Tesco to launch new discount store chain in East of England


But the data, covering the 12 weeks to 9 September, showed Tesco's slice of the overall action was 0.5% down on the same period previous year. Tesco remains the biggest player by some margin on 27.4%. That would help shield prices from the Brexit-hit pound, which has made imports more expensive. It simply said it will be "sharing some exciting news" and did not give further detail, but earlier advertised for staff for a "new store format" in Chatteris. Read More »

Needle found in punnet in York, WA


Attorney-General Christian Porter said the sanctions would not be applied retrospectively to those responsible for the existing strawberry saga. There have been reports of needles being found in strawberries around the country. "We are announcing $1 million to assist in this issue around the food safety contamination of strawberries", she said. "There's been metal detectors purchased and tamper-proof packaging looked at", he said. Read More »

Oil prices ease as trade row clouds demand outlook

Official U.S. government data is due to be released on Wednesday. Ministers from OPEC and non-OPEC producers meet on Sunday to discuss compliance with output policies. Oil markets fell on Tuesday as the latest escalation in the Sino-US trade war clouded the outlook for crude demand from the two countries, which are the world's top two oil consumers. Read More »

McDonald's workers in Orlando, other cities to protest today over sexual harassment


The affected cities include Chicago; Durham, North Carolina; Kansas City and St. Louis, Missouri; Los Angeles and San Francisco; Miami and Orlando, Florida; Milwaukee; and New Orleans . "They could do a way more better job". "We have policies, procedures and training in place that are specifically created to prevent sexual harassment at our company and company-owned restaurants, and we firmly believe that our franchisees share this commitment", the company said. Read More »

‘Mayochup’ now exists as a Heinz condiment option


When Mayochup was discovered, Heinz took it upon themselves to question whether they should allow Mayochup to spread globally. But first, the company is asking condiment lovers to vote on Twitter for the city that will get to try Mayochup first. Read More »

USA slaps tariffs on $200bn in China goods as trade war escalates

U.S. President Donald Trump's expected announcement of new tariffs on $ 200 billion in Chinese goods drew an immediate threat of reprisals from Beijing . Consumer safety products made in China, such as bicycle helmets sold by Vista Outdoor and baby vehicle seats and other products from Graco Inc also were taken off the list. Read More »

Trump Readies Tariffs on $200 Billion More Chinese Goods


Chinese Foreign Ministry spokesman Geng Shuang warned the day before the tariffs were announced: "If the U.S. imposes any additional tariffs on China, we will have to take necessary countermeasures and resolutely safeguard our legitimate and legal rights and interests". Read More »

USA imposes new tariffs on $200bn of Chinese goods

His administration is planning to announce 10 per cent tariffs on as much as US$200 billion in Chinese goods as soon as Monday, according to five people familiar with the matter. "They want to make a deal", Trump said. He also warned that if China retaliated then the U.S. would "immediately pursue phase three" which would mean imposing further tariffs with taxes on another $267bn worth of Chinese products. Read More »

Saudi wealth fund plunges $1bn into Tesla rival Lucid


Lucid said Monday that it had executed a $1 billion investment agreement with the fund, subject to necessary regulatory approvals. The Saudi fund had previously built up a stake of just under 5 per cent in Tesla. Saudi Arabia's 33-year-old Crown Prince Mohammed bin Salman has talked about using the country's PIF to help diversify the economy of the kingdom, which relies nearly entirely on money made from its oil sales. Read More »

Elon Musk Sued by Diver in Thailand Cave Rescue


Unsworth said several untruths". Musk and the diver, Vernon Unsworth , engaged in a public dispute in the midst of rescue attempts after Unsworth accused the billionaire entrepreneur of only offering to aid the efforts as a " PR stunt ". Read More »

President Trump Slaps China With Additional $200 Billion Tariffs


Handbags, rice and textiles will be included, but some items expected to be targeted such as smart watches and high chairs have been excluded. The new round of tariffs, which was widely expected, dims the last remaining hope that China's USA trade point man, Vice-Premier Liu He, will be making a trip to Washington any time soon. Read More »

Dena, Vijaya, BoB to merge and form country’s 3rd largest bank


In a separate statement. the government said: "Leveraging of networks, low-priced deposits and subsidiaries of the three banks has the potential of yielding significant synergies for positioning the consolidated entity for substantial rise in customer base, market reach, operational efficiency, wider bouquet of products and services, and improved access for customers". Read More »

Is The U.S.-China Trade Conflict Finally Reaching Its Peak?

At a discussion hosted by the Washington-based Centre for Strategic and International Studies, six former chief USA trade negotiators decried the protectionist trade policies the Trump administration is pursuing and warned of the catastrophic effect they could have on the U.S. Read More »

Trump imposes tariffs on $200B more of Chinese goods

Steel prices are up more than 10 per cent since February, the month before Trump announced his long-awaited tariffs of 25 per cent on steel and 10 per cent on aluminum, from a wide swath of trading partners. President Trump said he will make a major announcement on trade with China after the markets closed Monday. "We must strive for American ownership of American companies in China". Read More »

China may reject new trade talks if more tariffs imposed

In response to President Trump's threatened tariffs, Beijing has teed up tariffs of five to 25 percent on $60 billion of USA goods including pig hides, cocoa butter and condoms. China has not publicly committed to join a new round of negotiations, but in the past it has pulled back from the prospect of talks in the face of escalations in the dispute. Read More »

Diver Behind Thai Soccer Team Rescue Sues Elon Musk Over Pedophile Remark

It appeared that Musk's anger and accusations were perhaps sparked by embarrassment after Unsworth criticized a mini submarine that Musk had sent to Thailand, but which turned out to be of no use in the rescue of the boys. Two days after the August 28 tweet, Musk emailed a BuzzFeed News reporter, suggesting that the reporter investigate Unsworth and "stop defending child rapists ", according to the lawsuit, which is 65 pages with exhibits. Read More »