Money

GMC is introducing the Hummer EV at Super Bowl with LeBron James

Earlier this week, GM announced it was investing $2.2 billion in the plant, which will build a variety of all-electric trucks and SUVs. GMC is reputed for m...


Budget 2020: Nirmala Sitharaman back with traditional 'bahi khata'

After months of consultations with other ministries, the Ministry of Finance will table the budget at 11 AM on February 1. The Budget session of the Parliamen...


Economic Survey 2019-20 emphasizes on entrepreneurship, Wealth Creation at Grassroots

The growth in 2020-21 compares to a projected 5 per cent expansion in 2019-20. The CEA said, "On August 15, Prime Minister spoke about wealth creation and men...


Bank of England rate preview: will Carney cut one final time?

Indeed, amidst the continuation of low interest rates , a year ago a survey by Experience Invest found that 59% of property investors said they were actively s...


Wenstrup part of trade deal

Canada and Mexico are the two largest buyers of American agriculture products, combining for almost 65% of US agriculture exports. "Today, we are finally endi...


Oil resumes fall after USA stockpile build-up adds to China virus fears

China is a large consumer of crude oil . Traders seem to be shrugging off reports that OPEC and Russian Federation stand ready to make adjustments to meet the...


World Health Organization emergency committee to reconvene in Geneva

More than 200 deaths and almost 10,000 cases have been reported in China, the vast majority in and around Wuhan , China, where it is believed to have origina...


Amazon Tops 150 Million Prime Members

Amazon shares soared in extended trading Thursday after the company posted a monster earnings report highlighting its strong holiday sales. With 150 million Pri...


US economy grew at moderate 2.1% rate in fourth quarter

Two volatile categories, trade and inventories, had an outsized impact on the headline growth figure in the fourth quarter. But the longest expansion in histo...


Coronavirus: Which countries have evacuated their citizens?

The three, including two without symptoms, were among the 206 people brought back Wednesday from Wuhan, the city at the center of the deadly outbreak of the pne...


US Fed holds rate steady but eyes virus outbreak

In a related decision, the Fed raised the interest it pays banks for excess reserves by five basis points to 1.60 percent, a technical adjustment officials say ...


New York, FTC sue 'Pharma Bro' Shkreli, others over Daraprim price hikes

Daraprim is on the World Health Organization's essential medicines list because it treats toxoplasmosis, an infection that is risky to pregnant women, people wi...


Canada’s chief public health officer says no coronavirus vaccine for 1 year

More than 200 Americans who were evacuated from Wuhan , China, because of the deadly new strain of coronavirus cheered as their plane landed in Alaska late...


Tesla delivers strong earnings, says Model Y SUV is on the way

Deliveries are to start by the end of March. Model Y production in Shanghai will start in 2021. Tesla will also begin to produce "limited volumes" of the Tesl...


American Airlines suspends two routes to China as coronavirus spreads

Canada has looked increasingly to East Asia as a growth market, with the number of annual visitors to Canada from China shooting up by a factor of 10 since 2000...


Boeing falls to first annual loss since 1997

Net losses for the year totalled $636 million, down from a profit of £10.4 billion in 2019. Adding to the barrage of bad news, Boeing notched its first an...


Flight from Wuhan with more than 200 American evacuees lands in Anchorage

The virus which originated in Wuhan, China , has killed more than 130 people in China so far, and infected around 6,000. Officials were prepared to trans...


BH Media sells publications, including 10 Va. newspapers

The transaction includes 30 daily newspapers and several dozen weeklies owned by BH Media Group, including the Omaha World-Herald in Berkshire's hometown in Neb...


British Airways suspends all flights to China over Coronavirus

Others say the date is December 8. The number of flights from China to Hong Kong have also been halved. Authorities said on Wednesday the death toll from co...


Coronavirus: British Airways halts all direct flights to China over virus

United Airlines said it was suspending some flights between the United States and China for a week from February 1 due to a "significant decline in demand". "...


What Apple’s strong iPhone 11 sales mean for marketers

Apple's services revenue , which has been a focal point over the past year as iPhone sales have slowed, also grew to $US12.72 billion in revenue , up from...


Surrey issues notice to Uber to stop operating, Uber 'respectfully declines'

Ultimately, said Hundial, "our core value as a city is innovation, which is about making the best decision on new and emerging technologies for the betterment o...


Boeing 777X completes maiden test flight

N779XW, a 777-9 variant, took off from Paine Field in Everett, Wash.at 10.00 a.m. local time and conducted a flight test lasting four hours and four minutes. "W...


GM spending $2.2-billion to build electric vehicles at Detroit plant

The facility has been earmarked to build several all-electric models, starting with a pickup in late 2021. Approximately 900 people are employed at the plant. G...


100% stake in Air India on sale, govt issues bid document

On Monday the civil aviation ministry released a document inviting bids for a 100 per cent stake, setting March 17 as the deadline for initial submissions. The ...


Ride hailing companies start quickly in Vancouver

On December 12, 2019, the TransLink Mayor's Council endorsed an inter-municipal business licence in order to have ride-hailing companies obtain a single licence...


Canada's central bank rate- steady as she goes

The pair edged higher for the third consecutive session on Thursday and added to the previous session's strong intraday positive move of around 120 pips, trigge...


Pentagon blocks commerce department-imposed ban on Huawei sales

Rob Manfredo, a spokesman for Huawei, declined to comment. That move, in turn, has reportedly led Commerce Department officials to withdraw a proposal set to ...


Tesco scraps plastic from tinned multipacks

Tesco CEO Dave Lewis said, "We are removing all unnecessary and non-recyclable plastic from Tesco ". "Our members are eliminating single-use packaging, wher...


Man says bank discriminated when it refused to cash discrimination settlement checks

Thomas is seeking unspecified damages and an apology from TCF Bank . On Wednesday, Thomas, who had an account at the bank for almost two years, sued TCF Bank...