Business

China And Canada's Canola Conundrum Continues

China founded the Asian Infrastructure Investment Bank late a year ago to provide other countries in the region access to capital for investments in things such as transportation, power and telecommunications projects. But many Chinese-Canadians say the opposite is happening. "They have to realize at some point they have to change the way they handle their own population and the way they handle outsiders trying to invest in that economy".

Business

Apple unveils water-resistant iPhone 7, new camera and features

Niantic Labs, the maker of the cultural sensation Pokemon Go , announced Tuesday that the game will be released for the watch, building upon the apps that it already has built for the iPhone and devices running on Google's popular Android software.

Business

Sony Announces PS4 Slim And PS4 Pro

Gamestop's listing for the PlayStation 4 Pro is titled "PlayStation 4 Pro 1TB System" with a sticker price of $399, but hey, shipping's free. The new console will be more powerful than the existing model, and will also support 4K resolutions and HDR - if you have a TV that's also compatible.

Business

Unraveling the controversy of Trump's $25000 donation to Pam Bondi

But he says the fact that she solicited a campaign contribution from Donald Trump at the same time her office declined to pursue an investigation into Trump University " raises legitimate questions in need of answers". But it doesn't. The campaign contribution was illegal because it came from the Trump Foundation, a charity which is not allowed to make political contributions.

Business

Tesla drivers who abuse Autopilot could lose Autosteer function

When Tesla flipped the switch and activated its Autopilot software late past year, it didn't take long before Model S owners began pushing the software to the absurd limits. Tesla disclosed in a securities filing yesterday that it will tap debt or equity markets for additional funding by year-end to be used mostly to pay for its proposed $2.6 billion purchase of SolarCity .

Business

Brexit Minister Says Rather Delay Divorce With EU Than Get It Wrong

The Conservative premier also said she would not trigger Article 50 of the Lisbon Treaty - the official mechanism to split from Brussels - this year. "And I say that because that is not the best way to conduct a strong and mature negotiation that will deliver the best deal for the people of this country".

Business

Dollar gives up gains, trades flat after Yellen's speech

Nevertheless, Friday's speech indicates that a rate increase may indeed be coming sooner rather than later. The gains were all but erased after Fed Vice Chairman Stanley Fischer said her remarks leave open the possibility of boosting rates in September.

Business

Paralympics 2016: Ticket Sales Improve Ahead Of Opening Ceremony

But organisers have reported a dramatic turnaround in the last few days. "Everybody in the crowd was legitimately excited", said USA swimmer Brad Snyder, who won two gold medals in London. Just hours before the start of the official Paralympic Games in Rio, Russia yesterday kicked off its own event for its athletes banned from Brazil over evidence of state-run doping.

Business

Apple unveils water-resistant iPhone 7 and new Watch

According to The Daily Beast, Schiller told the crowd at the Apple Event, "It all comes down to courage". But older headphones can still be plugged in to an iPhone 7, noted Schiller, though you'll need to insert an intermediary (and likely to be lost) Lightning-to-headphone jack adapter supplied with the new phone along with Lightning EarPods.

Business

Stocks mostly rise as attention turns to central banks

The data came after downbeat USA employment data published last Friday crushed expectations for an upcoming rate hike by the Federal Reserve. It jumped $1.28 to $44.44 a barrel on Monday. It's the fourth day of gains for gold after it hit a two-month low in the middle of last week. In Asia, MSCI's main Asia-Pacific stock index, excluding Japan was up 0.2 percent, having earlier touched its highest since July a year ago.

Business

Enbridge to buy Spectra Energy in $28 billion all-stock deal

Business: In the US and Canada, Spectra has 33,600 kilometres of natural gas and crude oil pipelines, 300-billion cubic feet of natural gas storage capacity, 4.8-million barrels of crude oil storage, plus natural gas gathering, processing and local distribution operations.

Business

World number-two Murray knocked out of US Open

Now, though, Murray has a chance to become only the fourth man in the Open era to reach all four Grand Slam finals in a single season. "He s a great returner, there were lots of up and downs". As she was serving for the victory in the final game, Konjuh was startled - right along with the spectators in Arthur Ashe Stadium - when a piercing noise was heard from the arena's sound system as she tossed a ball.

Business

The City Takes A Stand Over Sports Direct

That tour itself created a moment of high comedy when Mr Ashley, demonstrating to reporters the kind of searches that employees at the warehouse must undergo, pulled out a wad of £50 notes. One woman said she was forced to publicly explain why menstrual pain had kept her off work (she had been off sick, due to period pains, having regularly worked 12-hour days).

Business

Five Below (FIVE) Stock Closed Up, Goldman Upgrades

The renowned research firms have predicted earnings of $1.30 a share for the upcoming quarter and $3.80 for the current fiscal. Dollar Tree makes up approx 0.03% of Checchi Capital Advisers's portfolio. Out of rating recommendations 7 have given the stock a Buy while 5 recommend the stock as Outperform. Dollar Tree's quarterly revenue was up 66.0% compared to the same quarter a year ago.

Business

Gold gets boost from weaker United States dollar

On the daily timeframe it starts to get more interesting, with a clear ABC correction having been completed into the same Fibonacci retracement as that seen in June. The benchmark 10-year note yield was little changed at 1.53 percent as of 3:41 p.m.in NY, according to Bloomberg Bond Trader data. Sydney was 0.9 percent up by the close, Singapore climbed 1.3 percent and Taipei put on 1.1 percent.

Business

Senate panel opens investigation into EpiPen price hikes

Rob Portman of OH announced Wednesday that it will probe the steep rise in the prices of EpiPens, an emergency treatment drug used to counteract severe allergic reactions . Mylan CEO Heather Bresch continues to defend the high cost of EpiPens by pointing out that middlemen in the drug's supply chain take 55 percent of the medication's list price, according to Health Affairs .

Business

Police question person in fatal NYC carnival shooting

A man and a woman were killed and five other people were injured in two shootings and two stabbings during the J'Ouvert celebrations early Monday morning, NY police said. "I can't believe this sleep easy Ty we love you", wrote a friend on Borel's Facebook page , one of many tributes posted there. "We had numerous meetings with the borough president, the NYPD and the organizers of J'Ouvert before the event".

Business

Law enforcement beefing up presence ahead of Dakota Access ruling Friday

The pipeline will cross four states, including North Dakota, South Dakota, Iowa and IL. The buildup, announced Wednesday, comes after a skirmish between protesters and private security guards on Saturday that turned violent; the crowd dispersed when officers arrived, and no one was arrested.

Business

Apple AirPods Price: How Much Will the Wireless Headphones Cost?

If you want to be the coolest kid on the block, you can fork over for Apple's new wireless AirPods . The base storage option is now 32GB and the mid range is 128GB. It comes as standard on the iPhone 7 , while the iPhone 7 Plus features a dual-lens system that had always been rumoured. Each camera has a different focal length - a wide-angle and a telephoto lens - for 2x optical zoom and up to 10x digital zoom.

Business

Record number of open jobs reported in July, report shows

TORONTO, Sept 7 Canada's main stock index closed slightly lower on Wednesday as the country's central bank warned of risks to growth, with a convenience store operator, some banks, telecom companies and miners among the biggest weights. Emerging market shares led the charge, touching their strongest levels since July 2015 as investors sought returns with interest rates likely to stay low for a prolonged period.

Business

Analyst Revises Kroger Co (NYSE:KR) Stock Target

The company has market value of $7.00B. The company reported the earnings of $0.83/Share in the last quarter where the estimated EPS by analysts was $1.35/share. The stock has received "HOLD" rating after consensus analysis from analysts. The company has its Price to Sales (P/S) ratio of 0.28 where Price to Book (P/B) ratio of 4.87, Price to Cash Per share (P/C) of 79.71 and Price to Free Cash Flow (P/FCF) has a value of 26.55.

Business

Apple unveils iPhone 7 and Watch 2

Moreover, the home button has been revamped to make it force-sensitive and solid-state; it uses the taptic engine's new generation for processes. The world's best-known technology company said the iPhone 7 would have one, zooming 12-megapixel camera and the "Plus" edition would feature two cameras.

Business

HAL successfully conducts Technical Flight of LUH

This test marks an important and significant beginning forprototype testing of LUH. It has a range of 350 km and is powered by the HAL-Safran HE Ardiden-1U engine, HAL said. The LUH is the third helicopter developed by HAL after the Dhruv and Light Combat Helicopter and is meant to replace the aged and obsolescent Chetak (Aloutte III) and Cheetah (LAMA SA 315B) helicopters operated by Indian armed forces.

Business

Starbucks' Howard Schultz endorses Hillary Clinton for president

It also comes as the chain has is increasingly speaking out on social and political issues. The company says it is aiming for the quality level of The Washington Post and The New York Times . But the push is nevertheless a way for the company to try and connect directly with customers. From the contentious political election, to race relations and violence related to cops, Schultz hopes that the web series will play a role in making relations within this country more diplomatic and just.

Business

Costa Rica Is Powering Itself on 100% Renewable Electricity

Costa Rica also uses geothermal energy and solar power. Part of the reason for their success is that much less energy is used in Costa Rica than for instance, the United States, as the population of the Central American is just 4.9 million people.

Business

United Kingdom house prices extend losses in August

The figure for August is the lowest yearly growth rate since October 2013 (6.9 per cent). United Kingdom house price dropped last month with annual inflation slowing to its lowest level in nearly three years, according to Halifax's seasonally adjusted index, although this contrasted with other industry data.

Business

NABARD to give Telangana Rs 7000 cr for 11 irrigation projects

This was a big setback for the state government because then chief minister Prithviraj Chavan had lobbied with the Centre for this crucial project. A memorandum of agreement has been signed between Nabard and the Water Resources Ministry - in the presence of Union Water Resources Minister Uma Bharti - for providing Central assistance to 99 prioritised irrigation projects under PMKSY.

Business

Most Asia markets rise on weak US data, yen hits Tokyo

The Institute for Supply Management's non-manufacturing purchasing managers' index fell to 51.4 last month, far short of economists' expectations and the largest one-month drop since November 2008. The economy is "in good shape and headed in the right direction", Mr Williams said, according to a text of his remarks in Reno, Nevada. The dollar, which had slumped 1.38 percent on the yen on Tuesday, shed another 0.5 percent to 101.48 yen.

Business

Abe, Putin eye fresh impetus on resolving isles and treaty issue

The two sides are now on a concerted drive to improve relations with Abe currently on his second trip to Russian Federation this year and Putin set to visit Japan in December. On Friday, the Japanese prime minister held talks with Putin and agreed to have two more summit meetings by the end of the year to accelerate peace treaty negotiations.

Business

Dollar weakens on USA service sector slowdown

The yield on the two-year Treasury note, the coupon maturity most sensitive to Fed policy expectations, on Tuesday fell 6 basis points, or 0.06 percentage points, to 0.73 percent. The greenback was down 1.4 percent against the won, while Australia's dollar added 0.5 percent and Indonesia's rupiah also climbed 0.5 percent. Goldman now sees a 70 percent chance that the US central bank will raise rates at least once this year, down from 80 percent.

Business

3 dead in Tel Aviv construction collapse

The collapse sent a large plume of dust floating over the area and left a crater in the ground. The garage collapsed during a lunch hour, when some construction workers were eating outside. "All of a sudden everything collapsed", the man, Micha Lavine, identified by Channel 10 TV as a project manager at the site. Another was in moderate condition, and 16 others were lightly injured.

Business

Philippines unveils images of Chinese island building on disputed shoal

When pressed on initial Philippine accusations on Monday before the photos were released , China insisted there were no dredging boats or others to prepare for island building. Prime Minister Shinzo Abe said Wednesday that China should follow an arbitration court ruling that has rejected China's claims in its territorial row in the South China Sea with the Philippines.

Business

British PM May says will not reveal hand on Brexit prematurely

May also said that she would take a decision this month on whether to approve a French-built and Chinese-backed power plant project in Britain that Beijing is counting on to boost its nuclear technology exports. Mr Ciobo said an eventual deal could be struck "quite quickly", because of Australia's close historic and cultural ties with the United Kingdom, but added: "You would expect it's at least two and a half years off".

Business

Hermine stalls at sea, but threat of storm surge remains

Beachgoers stand at the edge of the water in Bridgehampton, New York, on the southeastern shore of Long Island. An inch of rain is still expected for the southern New Jersey counties of Cape May, Atlantic and Ocean, Christie said. Many beaches in New Jersey and NY plan to close Monday. The storm hit Florida early Friday as a Category 1 hurricane. There has been at least one death, and hundreds of thousands in Florida and Georgia were left without power in the wake of the storm.

Business

Red Alert as river turns 'puce from pollution' in Arctic

The Russian government is investigating the cause of a shocking sight in Siberia: a river that turned bright red. The Blacksmith Institute named Norilsk as one of the top ten most polluted cities on earth. A social media user, Evgeny Belikov, claimed to have worked at the Nadezhdinsky plant, saying workers referred to a reservoir connected to it as the "red sea", adding that it was named as such due to its color, which is produced by ore runoff, ABC News reported .


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