Economy

Budget 2018: Petrol price hiked; Diesel price unchanged in metropolitan cities

Budget 2018: Petrol price hiked; Diesel price unchanged in metropolitan cities And also the diesel price has remained unchanged in Mumbai which is Rs 68.27 per litre. With crude oil price inching towards $70 a barrel, Oil Ministry had earlier sought the intervention of the finance ministry to cut down the excise duty on petrol and diesel in the budget. [Full Article...]

Fujifilm announces Xerox, Fuji Xerox merger deal

Fujifilm announces Xerox, Fuji Xerox merger deal The deal is apparently aimed at delivering a more competitive edge in a climate of greater demand for digital equipment and paperless services. Reuters reports Fujifilm will cut 10,000 jobs in Asia by 2020. Also, it is planned that the current brands of both Fuji Xerox and Xerox will continue to be used after the Combination of the two companies. The news came days afterWall Street Journal dis... [Full Article...]

Waymo ramps up self-driving fleet with 'thousands' of cars

Waymo ramps up self-driving fleet with 'thousands' of cars Sergio Marchionne, FCAU CEO said in a statement that it is important to form association with like-minded technology leaders in order to move swiftly and efficiently in autonomy. GM president Dan Ammann argued last fall that the first company to deploy self-driving taxis at scale, meaning by the thousands , will enjoy a significant "first mover" advantage . [Full Article...]

Action Express Cleans Up At The Rolex 24

Action Express Cleans Up At The Rolex 24 ANNOUNCER 2: Well, and I think you made a very good point. Two of the best in the business are here at Daytona this weekend, spotting for the Jackie Chan DCR JOTA team's two Oreca LMP2 cars, with a total of eight drivers to keep track of and guide through the brutal Daytona traffic. [Full Article...]

Instagram fitness model Jen Selter kicked off United States flight

Instagram fitness model Jen Selter kicked off United States flight In a second video an airport security officer can be heard telling Selter: " American Airlines calls the shots". She is seen corroborating the story about the flight attendant asking her if she wished to get off the aircraft. Fitness model Jen Selter is famous for her curvy physique and has become a social media fitness star. Another clip shows the woman and her sister exiting the plane. [Full Article...]

Elon Musk's Boring Company flamethrowers are selling like hotcakes

Elon Musk's Boring Company flamethrowers are selling like hotcakes Some in the industry say that Musk is only doing this ( selling hats and flamethrowers, that is) for kicks. If the Twitter reactions are anything to go by, we'd say the lure is definitely working. Costing $500, the fiery, undoubtedly cool device is now available for pre-order. For those insane enough to buy one of these there are only 20 000 'throwers available so you best get your order in ... [Full Article...]

David Davis seeks to reassure Eurosceptics on post-Brexit

David Davis seeks to reassure Eurosceptics on post-Brexit These deals won't enter into force until after the transition period ends. Amid reports that Eurosceptics are also anxious that Mrs May was being bounced into a " soft Brexit " by civil servants as she lacks authority, a Number 10 source said: "The PM triggered Article 50, she set direction of the Brexit negotiations in her Lancaster House and Florence speeches and personally secured the deal ... [Full Article...]

Shares fall as Draghi remarks keep euro running

Shares fall as Draghi remarks keep euro running But a strengthening euro is taking the edge off that trend; a stronger currency tends to pull consumer prices lower as import costs are reduced. His comments were optimistic and this helped to underpin the the single currency, lifting the Key EUR/USD exchange rate to above 1.25. [Full Article...]

Cryptocurrency worth 58 bil. yen disappears from Japan exchange

Cryptocurrency worth 58 bil. yen disappears from Japan exchange However, Coincheck officials admitted the company had not taken this security step with regard to the NEM virtual currency because it lacked the technological skills and personnel. The exchange trades 13 different cryptocurrencies. Soon after the company began shutting down operations, $123 million worth Ripple coin was transferred to another wallet. [Full Article...]

Boeing Loses Case Against Bombardier

Boeing Loses Case Against Bombardier The panel's ruling blocks a Commerce Department decision last month to impose duties of nearly 300 percent . " Boeing has built its case around a single sale it did not lose, for an aircraft it does not produce", Delta wrote in a legal brief submitted in the case. [Full Article...]

Burger King Net Neutrality Ad: Why Some Must Wait for Whoppers

Burger King Net Neutrality Ad: Why Some Must Wait for Whoppers Customers grow increasingly outraged as they realize that their Whoppers will be prepared in accordance with how much they pay for "MBPS", or "making burgers per second". "I felt like I was being taken advantage of in a sense", one said when interviewed afterwards. Burger King is taking the FCC to task with a new ad released Wednesday, and generating a lot of conversation on social media . [Full Article...]

Alexis Sanchez Deal Reportedly Done

Alexis Sanchez Deal Reportedly Done United boss Jose Mourinho said his club were "doing absolutely everything they can" to sign Sanchez, who missed Arsenal's 4-1 win over Crystal Palace . Wenger said: "Sanchez will only happen if Mkhitaryan comes". "I think that also gets through to the player". The form of Anthony Martial means many United fans are anxious that Sanchez may be played on the left, over the Frenchman and M... [Full Article...]

The Milwaukee Bucks Fire Jason Kidd

The Milwaukee Bucks Fire Jason Kidd The Bucks' decision to dismiss their head coach was met with some shock around the National Basketball Association and it has been reported that it didn't go down well with the team's star player, either. All you can do is tell the truth. The Bucks front office has made it clear they're playing to win now after Kidd's sudden firing, and the re-assessment doesn't stop there, as they will be agg... [Full Article...]

Woman flies from America to London without ticket, passport

Woman flies from America to London without ticket, passport On Wednesday, Marilyn Hartman managed to slip past security and board a British Airways flight to London, where she was arrested by British customs, according to reports . A TSA spokesman said in a statement Friday they were looking into the matter as to how Hartman was able to walk past the security. Ms Hartman also has a history of attempted escape from mental health facilities. [Full Article...]

International Monetary Fund raises global growth estimate after enactment of tax law

International Monetary Fund raises global growth estimate after enactment of tax law The IMF further said that Asia will grow at 6.5 percent in 2018-19, which is the same pace as in 2017. Key emerging market and developing economies , including Brazil, China , and South Africa, also posted third-quarter growth stronger than the fall forecasts. [Full Article...]

Walmart is raising its minimum wage and handing out tax cut bonuses

Walmart is raising its minimum wage and handing out tax cut bonuses Shares soared almost 43% in 2017 thanks to consistent sales growth from its stores and a booming e-commerce business. "We were just told today that our store is closing", said Tanisha Wade, a Walmart employee. Rose would like to pay more, but she'd have to raise her prices and fears that would turn away customers. The one-time bonus of up to $1,000 is based on seniority and will amount to an... [Full Article...]

Split Facebook News Feed doesn't decrease fake news, report says

Split Facebook News Feed doesn't decrease fake news, report says The tests, running in Sri Lanka, Bolivia, Slovakia, Serbia, Guatemala, and Cambodia, place all the posts from publishers such as news companies inside a new Explore section, requiring users to navigate outside the News Feed to see the posts unless they are shared by a friend. [Full Article...]

Amazon Prime raising monthly subscription costs by about 20%

Amazon Prime raising monthly subscription costs by about 20% Per the outlet, the annual Prime cost in the USA will remain at $99 per year following Amazon's most recent pay increase four years ago. That prompted Amazon to also lower its free shipping threshold for non-Prime members (who enjoy free two-day shipping on many items but pay $99 each year for that, along with a slew of other perks). [Full Article...]

Hawaii's texted death threat: It can happen here too

Hawaii's texted death threat: It can happen here too Makoto Sasaki, a spokesman for NHK, apologized, saying that "staff had mistakenly operated the equipment to deliver news alerts over the Internet". No sooner had we written up that fake missile alert in Hawaii than another fake missile alert was sent out, this time in Japan. [Full Article...]

Young Hong Kong activist Joshua Wong sentenced to three months in jail

Young Hong Kong activist Joshua Wong sentenced to three months in jail Ahead of the hearing, Joshua Wong - who became the teenage face of the Umbrella Movement - said he had "no regrets" about his involvement. "They can lock up our bodies, but they can't lock up our minds", said Wong, moments before appearing in court. [Full Article...]


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