Markets

Markets Tesla introduces a $45,000 Model 3 variant with a 260-mile range
Author: 0 Tesla introduces a $45,000 Model 3 variant with a 260-mile range

The new Model 3 version, with a 260-mile range, is priced at $45,000 before state and federal incentives, as Electrek first reported . On Thursday, Tesla also began taking orders for a lower-cost, mid-range Model 3 . That long-awaited price point may still be another few months away, Musk suggested in a post on Thursday describing the mid-range Model 3 . With Model 3 production almost doubling in Q2 compared to Q1 and a further increase in production volume expected during the ...

Markets Turkey Says Journalist Jamal Khashoggi's Murder 'Savagely Planned'
Author: 0 Turkey Says Journalist Jamal Khashoggi's Murder 'Savagely Planned'

New surveillance video taken by Turkish law enforcement purportedly shows a Saudi agent suspected in Jamal Khashoggi's killing wearing the slain journalist's clothes on the day investigators say he was murdered . Mr Trump described the king's denial as "very, very strong". Britain, Germany and France issued a joint statement condemning the killing of Khashoggi, saying there is an "urgent need for clarification of exactly what happened".

Markets Trump threatens to close border to Mexico
Author: 0 Trump threatens to close border to Mexico

Mr. Pompeo said he and Mr. Videgaray spoke of the importance of stopping the caravan before it reaches the USA border. The rest retreated after officers unleashed pepper spray. When asked why he wants to jump, one 16-year-old said, "there are no jobs here". She said she had volunteered to make the journey on behalf of her family, and send money home from working in the US.

Markets Feeling lucky? Mega Millions jackpot for Friday is $970 million
Author: 0 Feeling lucky? Mega Millions jackpot for Friday is $970 million

More than $1 billion is up for grabs in this weekend's drawings for the nation's two giant multi-state lottery games, and North Carolina players have as good a chance as anyone at winning. This can get complicated, but for the most part winners pay taxes where they bought the ticket and then can get a credit on their taxes in their home state.

Markets Why Trump doesn't want to punish Saudi Arabia
Author: 0 Why Trump doesn't want to punish Saudi Arabia

Turkish officials say Maher Abdulaziz Mutreb flew into Istanbul on a private jet along with an "autopsy expert" October 2 and left that night. Mr Pompeo said the Saudis should be given a few more days to finish and make public a credible investigation before the USA decides "how or if" to respond.

Markets Iran Claims No Country Is Able to Fill Its Oil Gap
Author: 0 Iran Claims No Country Is Able to Fill Its Oil Gap

According to the holder, the United States "wrongly" urges the Organization of the Petroleum Exporting Countries (OPEC) to reduce the "black gold" prices, when in fact the cause of the turbulence in the market comes from the North American intervention.

Markets Softbank 'anxiously' monitoring Saudi Arabia situation, exec says
Author: 0 Softbank 'anxiously' monitoring Saudi Arabia situation, exec says

In a joint statement , Jeremy Hunt, Jean-Yves Le Drian and Heiko Maas said: "There needs to be a credible investigation to establish the truth about what happened, and - if relevant - to identify those bearing responsibility for the disappearance of Khashoggi and ensure that they are held to account".

Markets Mega Millions $548 million jackpot numbers revealed
Author: 0 Mega Millions $548 million jackpot numbers revealed

Those winning tickets were sold in California, Colorado, Pennsylvania and Wisconsin. The next drawing will be Tuesday. A group of 11 office workers in San Jose, CA, who made a "spur of the moment" decision to pool together, beat the odds and won July's jackpot of $543 million.

Markets Crude Oil Futures Drops By 1% On Higher OPEC Output Survey
Author: 0 Crude Oil Futures Drops By 1% On Higher OPEC Output Survey

Oil prices have slumped to more than two-week lows as global stock markets fall, with investor sentiment made more bearish by a bigger-than-expected build in U.S. Among others with a relatively bullish view was Alex Beard, chief executive for oil and gas at Glencore ( GLEN.L ), who forecast at the same event a mid-term oil price of $85-90.

Markets Oil posts biggest weekly loss in 5 months over equities
Author: 0 Oil posts biggest weekly loss in 5 months over equities

Brent for December settlement rose 17 cents to settle at $80.43 on the London-based ICE Futures Europe exchange. Oil prices are hovering near multi-year highs, and even with supplies increasing there will be a strain on the markets that will result in higher prices, potentially a bad sign for the global economy .

Markets Facebook says attackers stole details from 29 million users
Author: 0 Facebook says attackers stole details from 29 million users

The feature allows users to see what their profile looks like to someone else, but hackers were able to use it to steal Facebook access tokens and take over people's accounts. Facebook said engineers discovered a breach on September 25 and had it patched two days later. The hackers did not access the information of the remaining one million people.

Markets Have 19 hours? World's longest commercial flight takes off
Author: 0 Have 19 hours? World's longest commercial flight takes off

A Singapore Airlines flight from Singapore to NY, deemed as the world's longest non-stop flight, is set to take off on Thursday. Compared to most global long haul flights, which can accommodate up to 544 people (based on an Airbus A380), the A350-900 will accommodate just 161 passengers, made up of 94 seats in premium economy and 67 business class.

Markets Finance minister to attend annual IMF, World Bank meetings
Author: 0 Finance minister to attend annual IMF, World Bank meetings

In China , growth is projected to moderate from 6.9 percent in 2017 to 6.6 percent in 2018 and 6.2 percent in 2019, reflecting a slowing external demand growth and necessary financial regulatory tightening, the report said. The IMF also took aim at Brexit in its assessment, as it warned how slow progress in thrashing out an European Union divorce deal for Britain is creating "pervasive uncertainty" about future trade costs.

Markets Saudi Arabia can not replace Iran's oil in market: minister
Author: 0 Saudi Arabia can not replace Iran's oil in market: minister

Exports of Iran's ultra-light crude, known as condensate, have fallen by 46 per cent in comparison with the period March to September a year ago, ISNA reported on Sunday. Investors remain concerned the Organization of Petroleum Exporting Countries and its allies aren't raising output quickly enough and that they may not have the capacity to fully cover disappearing volumes.

Markets Rupee plunges to fresh record low of 73.77 against dollar
Author: 0 Rupee plunges to fresh record low of 73.77 against dollar

It comes just one day before the Indian central bank is expected to raise rates on Friday to prop-up the rupee. The meeting assumes significance as the rupee has hit an all-time high of 73.74 against the USA dollar, which would raise India's import bill and widen the trade deficit (difference between imports and exports).

Markets Government Announces Relief On Fuel Prices By Reducing Excise Duty
Author: 0 Government Announces Relief On Fuel Prices By Reducing Excise Duty

We welcome this decision and thank Prime Minister Narendra Modi on behalf of the people and BJP workers. On the centre's recommendation to the states, Jaitley said: "Now all states will be on test". With this decision, fuel prices in several states like Maharashtra, Gujarat, Chattisgarh, Madhya Pradesh and Uttar Pradesh will come down by Rs 5.

Markets Oil price is heading towards $90 per barrel
Author: 0 Oil price is heading towards $90 per barrel

Both crude benchmarks closed almost 3% higher Monday, with the US benchmark settling at a four-year closing high of $75.30 a barrel. Crude has rallied about 16 percent since mid-August as supply losses from Iran to Venezuela continued to rattle global markets.

Markets Tesla shares jump on Model 3 numbers, Musk deal
Author: 0 Tesla shares jump on Model 3 numbers, Musk deal

The electric carmaker's shares sank last week after the U.S. Securities and Exchange Commission accused Musk of securities fraud and sought to ban him from company leadership, pointing to a long drawn-out fight that could have undermined Tesla's operations and ability to raise capital.

Markets What is the impact of the Facebook hack on you?
Author: 0 What is the impact of the Facebook hack on you?

To explain this feature better, take this example- say you have created a post which you want to show to all your Facebook Friends except one of your colleagues. Security is an illusion, which is a truth increasingly relevant as social networking giant Facebook unearths a security breach affecting millions of users.

Markets California net neutrality bill signed by Jerry Brown
Author: 0 California net neutrality bill signed by Jerry Brown

They had cheered California's attempt to force the Obama-era rules back into effect through state legislation. The Federal Communications Commission previous year repealed rules that prevented internet companies from exercising more control over what people watch and see on the internet.

Markets Tesla Stock Is Going Nowhere Fast Despite Elon Musk’s SEC Settlement
Author: 0 Tesla Stock Is Going Nowhere Fast Despite Elon Musk’s SEC Settlement

Of course, as with all things Tesla , all that performance is on top of industry-leading aesthetics and a tech-filled package. Hopefully the company comes out of its current predicament for the better. "It is possible that the DOJ investigation does not result in any criminal charges at least in part because the DOJ could determine that the SEC's action resolved the matter and that no further governmental action is required".

Author: 0 Tesla stock soars as Musk taunts the SEC with a tweet

Mr Musk, whose tweets on August 7 on a plan to take Tesla private that was later abandoned, has tweeted only once since the settlement was announced - posting a music video by rap group Naughty by Nature. "The $40 million in penalties will be distributed to harmed investors under a court-approved process", the SEC said . Under the terms of the settlement, Musk and Tesla neither admit nor deny the SEC's allegations.

Markets Trump blasts OPEC 'monopoly' for higher oil prices
Author: 0 Trump blasts OPEC 'monopoly' for higher oil prices

Data from the InterContinental Exchange showed open interest in calls that give the owner the right to buy Brent futures at $80 and $85 by next week grew by almost 45 per cent on Monday and Tuesday to an equivalent of 54 million barrels of oil.

Markets Brent oil has backed off from one-week highs
Author: 0 Brent oil has backed off from one-week highs

U.S. West Texas Intermediate (WTI) crude CLc1 futures rose $1.12 to settle at $70.37 a barrel, a one-week high. Futures in NY dropped as much as 1.8 percent after closing at the highest in nearly two months. "The situation should be closely watched, the right decisions should be taken". "What you're seeing is a tightening inventory picture from the Iranian sanctions globally", said Nick Holmes, an analyst at Tortoise in Leawood, Kansas, which manages $16 billion in energy-related assets.

Markets Dena Bank, Vijaya Bank and Bank of Baroda to be merged
Author: 0 Dena Bank, Vijaya Bank and Bank of Baroda to be merged

Dena Bank reported a loss of Rs 1,923.20 crore against Rs 863.60 crore previous year. The merged entity will have total assets of more than Rs 14 lakh crore. Rajiv Kumar, Department of Financial Services Secretary at the Ministry of Finance, Government of India, said that the decision was arrived to create India's 3rd largest globally competitive bank.

Markets Coca-Cola Preparing To Make Cannabis Drink
Author: 0 Coca-Cola Preparing To Make Cannabis Drink

Coca-Cola Co (KO.N) is closely watching the fast-growing marijuana drinks market for a possible entry that would expand the world's largest soft drink maker's ambitions further away from sugary sodas. A source close to the negotiations between the companies said: 'They're pretty advanced down the path of doing a deal. Canada is the first major economy to legalize recreational marijuana, and shares in cannabis producers have rallied in anticipation.

Markets Trump imposes tariffs on $200 billion more of Chinese goods
Author: 0 Trump imposes tariffs on $200 billion more of Chinese goods

Beijing is considering Washington's invitation last week to revive talks on their fight over Chinese technology policy and plans for state-led development of global champions in robotics and other fields. The lack of progress and collapse of that deal have made future negotiations more hard, as it's unclear who speaks for the United States administration and there's a lack of confidence that any deal will be honored.

Markets Amazon's Bezos Slams Trump over Attacks on Media
Author: 0 Amazon's Bezos Slams Trump over Attacks on Media

In January, he said he would donate $33 million to a scholarship fund for young "dreamers", immigrants brought to the United States illegally as children. "It's unsafe to say they're the enemy of the people". "Most important among those will be genuine, intense customer obsession", he wrote on Twitter. "The customer is going to be the child", Bezos said.

Markets USA will fail to achieve zero oil exports target: Iran
Author: 0 USA will fail to achieve zero oil exports target: Iran

In June, India , the largest buyer of Iranian oil after China , said it expects to import less oil from Iran in the coming months because it wants to protect its exposure to the USA financial system. Until the last few years, it seemed far-fetched that the USA would ever regain the No. 1 spot. But it won't decide whether the world needs that extra oil until after meeting with its OPEC allies later this month in Algiers.

Markets Canada's Freeland to hold NAFTA talks on Tuesday as time runs short
Author: 0 Canada's Freeland to hold NAFTA talks on Tuesday as time runs short

On Friday Freeland told reporters the 13-month-old NAFTA talks had entered a "very intense" phase of "continuous negotiations". U.S. President Donald Trump has threatened to push ahead with a bilateral deal with Mexico, effectively killing the nearly 25-year-old three-country NAFTA pact, which covers $1.2 trillion in trade.

Markets Apple Watch Series 4 to grab higher-resolution screen
Author: 0 Apple Watch Series 4 to grab higher-resolution screen

Furthermore, the publication has shared images of how different apps and watch faces will look on the Apple Watch Series 4 , compared to how it now looks on the Apple Watch Series 3 . With the help on miniaturization, wearable technology has added cool new features into otherwise boring accessories, making the devices not only high tech fashion statements but also functional yet portables tools that are capable of executing a host of functions such as blood pressure monitoring and tracking ...

Markets State cuts Value-Added Tax on fuel by Rs. 2 per litre
Author: 0 State cuts Value-Added Tax on fuel by Rs. 2 per litre

On May 16, 2014, the petrol price was Rs 71.41 which took the percentage increase to 75.8. If the reports coming from the power corridors of Amaravati, Telugu Desam Party president and Andhra Pradesh chief minister N Chandrababu Naidu is learnt to have chose to give relief to the citizens by reducing the Value Added Tax (VAT) on diesel and petrol in the State.

Markets Obama implores Californians to vote and ‘restore some sanity in our politics
Author: 0 Obama implores Californians to vote and ‘restore some sanity in our politics

But on Friday, before accepting an award at the University of IL, he delved in headfirst. The award is named for Senator Paul H. Thomas, who represented IL from 1949 to 1967, according to the school's website. Casting aside the typical low profile of a former president, Mr Obama returned to the campaign trail on Friday in IL to help Democrats running in the upcoming midterm elections.

Markets Elon Musk Smoking Weed with Joe Rogan
Author: 0 Elon Musk Smoking Weed with Joe Rogan

An ex-Tesla employee who says she was sacked for testing positive for THC, the ingredient found in marijuana, called CEO Elon Musk's decision to smoke marijuana during an interview a "slap in the face". "These simulations, we might as well call them reality, or you can call them multiverse", Musk mused. The plan was axed just 17 days later. He then backed off from his plan saying Tesla was better off as a public company.

Markets Trump turns up the heat in trade conflict with China
Author: 0 Trump turns up the heat in trade conflict with China

In a joint letter to US Trade Representative Robert Lighthizer on Thursday, 152 trade associations representing farmers and agribusinesses, retailers and others wrote: "Continuing the tit-for-tat tariff escalation with China only serves to expand the harm to more US economic interests, including farmers, families, businesses and workers".

Markets British Airways website hack exposed customer financial data
Author: 0 British Airways website hack exposed customer financial data

Whilst is was not travel or passport details, it was personal and financial details that were compromised. The breach covered customers who made bookings between 21 August and 5 September, IAG said. Assuring compensation to each of the affected customers, the airline offered to pay for the credit checking service. British Airways experienced an IT-related crisis in May past year when roughly 75,000 passengers were stranded after the airline cancelled more than 700 flights over three days ...

Markets India allows state refiners to use Iran tankers, insurance for oil imports
Author: 0 India allows state refiners to use Iran tankers, insurance for oil imports

Given that China and emerging markets more broadly are key demand growth areas for oil markets, analysts said crude prices had come under downward pressure. sanctions on Iran . "The prospects of increased supplies from OPEC and her allies, and weaker demand from China and other emerging markets could weigh further on oil prices going forward, or at least limit the upside potential", said Fawad Razaqzada, market analyst at futures brokerage Forex.

Markets Trump v Trumka: president marks Labor Day with attack on union leader
Author: 0 Trump v Trumka: president marks Labor Day with attack on union leader

He then noted the nation was far better off before NAFTA and suggested either we make a new deal with Canada or go back to pre-NAFTA. In the initial tweet , the president misspelled the word "against". "Our economies are integrated", Trumka said on "Fox News Sunday ". The US president warned Congress against interfering, threatening to kill the deal single-handedly.

Markets Multi-billion dollar SA, China deals to enable economic growth
Author: 0 Multi-billion dollar SA, China deals to enable economic growth

Over the past five years, there were more than 100 activities on cultural exchanges and 200 cultural cooperation projects. ZIMBABWE is working closely with China to support local exporting companies as part of measures to boost its foreign currency earnings, which will in turn stabilise the economy, Foreign Affairs and International Trade Minister Dr Sibusiso Busi Moyo has said.

Markets Senior U.S. Democrats question Trump's U.S.-Mexico trade deal
Author: 0 Senior U.S. Democrats question Trump's U.S.-Mexico trade deal

After being sidelined from the talks for more than two months, Freeland will be under pressure to accept terms the United States and Mexico worked out on a trade deal announced on Monday. "I think they're going really well", Trump said of the Canada talks, saying they were "probably on track" to meet the Friday deadline. Trump has repeatedly complained about Canada's high tariffs on imported dairy .

Markets Toyota to invest $500m in Uber for self-driving auto programme
Author: 0 Toyota to invest $500m in Uber for self-driving auto programme

A person briefed on the matter says Toyota will invest $500 million in ride-hailing service Uber , and the companies will jointly develop self-driving vehicles. Former Uber CEO Travis Kalanick had insisted on developing a proprietary self-driving system, however current CEO Dara Khosrowshahi has been working to develop more partnerships for the company.

Markets 4 takeaways from the U.S.-Mexico trade deal
Author: 0 4 takeaways from the U.S.-Mexico trade deal

But Canadian officials said USA negotiators are still working toward a three-way agreement. Trump and Republicans in the US Congress up for re-election in November want to ensure farmers and other voters whose jobs depend on trade with Canada and Mexico that the deal is sealed.

Markets USA and Mexico reach a preliminary trade deal that could replace NAFTA
Author: 0 USA and Mexico reach a preliminary trade deal that could replace NAFTA

When the reality show spectacle of Trump's Oval Office phone call with Pena Nieto had subsided, senior US officials briefed journalists on a conference call. President Donald Trump has said it's not the right time for trade negotiations with China, denting expectations for a near-term deal after a breakthrough agreement between the USA and Mexico.

Markets USA softens its demand for NAFTA 'sunset clause' - Mexican official
Author: 0 USA softens its demand for NAFTA 'sunset clause' - Mexican official

Mexico's President-elect Andres Manuel Lopez Obrador has thanked U.S. President Donald Trump for treating Mexicans with more respect - or at least not saying anything insulting lately. One of the few ways the USA could raise the tariffs on cars under WTO rules is by recourse to a Section 232 national security investigation that Trump ordered up in May into auto imports to justify raising import duties.

Markets Fed chairman defends rate rise policy after attack by Trump
Author: 0 Fed chairman defends rate rise policy after attack by Trump

But then-Fed chairman Alan Greenspan resisted calls for higher rates and inflation remained much lower than monetary hawks predicted. "If the strong growth in income and jobs continues, further gradual increases in the target range for the federal funds rate will likely be appropriate", he said.

Markets Verizon sued by CA firefighters for slowing speeds during wildfire
Author: 0 Verizon sued by CA firefighters for slowing speeds during wildfire

Verizon said it removed all speed cap restrictions for emergency workers fighting wildfires on the West Coast and for those in Hawaii, where emergency crews were rescuing people from areas flooded by Hurricane Lane . The Mendocino fire which began on July 27 has consumed almost 407,000 acres, or roughly half the size of Rhode Island, and as of Wednesday it was 74 per cent contained.

Markets Oil rises as United States inventories fall
Author: 0 Oil rises as United States inventories fall

A trade standoff between the U.S. and China continues to weigh on crude prices. India's crude oil imports declined amid fear of sanctions from the USA as back in June the USA has also asked all countries including India, to stop oil imports from Iran by November or else face sanctions from the US.

Markets Latest leak shows the final design of Google Pixel 3 XL
Author: 0 Latest leak shows the final design of Google Pixel 3 XL

It clearly indicates this is the third generation of Pixel smartphone. Pixel 3 XL has been widely rumoured to feature the same 12.2megapixel camera present in the current Pixel 2. As a result, this is our first bonafide look at Google's next flagship. The pictures show the high-end Pixel phone from nearly all angles. Those accessories are consistent with what we've seen in previous leaked images .

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