Money

United Kingdom economic growth for 2019 downgraded by International Monetary Fund amid Brexit uncertainty

But markets have rallied since Deputy President Cyril Ramaphosa's election as the ruling African National Congress (ANC) leader in December, as investors have warmed to his promises to root out corruption and kick-start economic growth. Risks to the global growth forecast appear broadly balanced in the near term, but remain skewed to the downside over the medium term. As major stock markets worldwide have been on the upswing, with repeated records set on Wall Street, the report warned that ...

Thomas Pieters shoots superb 65 to lead HSBC Championship in Abu Dhabi

Fisher and Casey have not won on the European Tour since 2014 but looked in fine touch, with Casey firing five birdies and an eagle for a seven-under-par 65. And he showed no signs of cooling off with his round on Thursday, which featured hitting all 18 greens in regulation. I hit it really well, had a lot of great looks, but I didn't really hole any putts until I made two nice putts on 17 and 18.

Kenya open sales for NY flight

The national carrier will be traveling direct from Nairobi to NY city. "This is an exciting moment for us". Kenya Airways says its direct flights plan to the United States will see more than 150 new jobs created in additional to other economic benefits.

Marriott forced to issue apology after China error

City officials said in a notice dated late Wednesday that they were probing whether the gaffe in MarriottInternational's Mandarin-language questionnaire violated national cyber-security and advertising laws. We also reviewed the other areas on our websites and apps where this type of functionality might exist to make sure the labeling is correct. In official statements published by Xinhua , there was no mention of whether other brands under the Marriott International umbrella would face ...

Gas prices increase over last week

The Sherman-Denison area saw the largest increase on the week, with regular unleaded prices going up by an average of seven cents per gallon. High travel volumes over the holidays are to blame for the slight increase in prices. A barrel of West Texas Intermediate crude oil topped $60 on the New York Mercantile Exchange on Dec. 29 and has remained there since, even closing above $62 on Thursday for the first time since December 2013.

Google Sued Over Bias Against 'Conservative White Men'

Damore became a media mainstay after penning a highly controversial 3,300-word memo arguing against Google's perceived culture of political correctness. Google did not immediately return a request for comment. Pichai said that "portions of the memo violate our Code of Conduct and cross the line by advancing harmful gender stereotypes in our workplace".

AT&T FirstNet Build-Out All Set With All 50 States On Board

FirstNet CEO Mike Poth said New York's decision was "especially meaningful" considering the network's origins in the final recommendations of the 9/11 Commission. Sununu said he still believes the Rivada plan is the better option for New Hampshire, but determined the risks are too great. Decisions from American Samoa, Guam and Northern Marianas Islands are not due until March 12.

Geely buys into Swedish truck maker AB Volvo to reinforce globalisation drive

This June, Geely bought a 49.9% stake in Malaysia's Proton Holdings, as well as a 51% stake in British automaker Lotus. Volvo Trucks is one of the world's leading manufacturers of heavy trucks but it needs the assistance of a company better entrenched in the rapidly expanding Chinese market.

Obama tops Trump as most admired, Gallup poll of Americans finds

Rounding out the top 10 for the men were Pope Francis, Rev. Billy Graham, John McCain, Elon Musk, Bernie Sanders, Bill Gates, Benjamin Netanyahu, Jeff Bezos, The Dalai Lama, and Mike Pence. Results are based on telephone interviews conducted with a random sample of 1,049 adults, aged 18 and older, living in all 50 USA states and the District of Columbia.

Bitcoin Cash makes waves as it becomes available on Coinbase

Smooth trading aside, the situation sparked controversy following allegations that insider trading may have occurred ahead of the BCH market launch on Coinbase . He added that Coinbase will be conducting an investigation. During the brief trading window, prices spiked wildly and reached $8,500 before the marketplace was disabled.

Days after first gold coin, Alton's Salvation Army finds another in kettle

According to Sedlar, as of Wednesday the western half of the state had collected $79,000 less than the same period past year. So previous year was hard too. "We're happy to be part of it and just happy to see the smiles on the people's faces we deliver these hampers to". "The donations from the Red Kettle Campaign account for more than half of our annual budget".

Facebook's Snooze Button Lets You Temporarily Mute Your Friends

They can also choose to turn Snooze off at any time. The new addition was added to the site because users wanted more ways to control their newsfeeds, a post from Facebook Product Manager, Shruthi Muraleedharan, said. It also helps fix those situations in which you don't really want to unfollow a group, but you don't care for getting bombarded with its commentary on whatever trendy topic is commanding its members' attention at the moment.

World's largest Starbucks to open in Shanghai

The firm held a 54.8 percent share of China's 25.2 billion yuan ($3.81 billion) specialist coffee shop market previous year, far ahead of rivals like McDonald's Corp's McCafe and Whitbread Plc's Costa Coffee, Euromonitor data show. "This is a show store", Gordon said. Shares of Starbucks have risen 5.8 percent this year. "We strongly believe, and we're committed to, building a long-term business in China that will be bigger, more powerful and more significant than our business in the U.S".

India Has Standardised Itself For 7-8% Growth: Arun Jaitley

With the January-March quarter result, India had lost its fastest growing economy to China , which grew at 6.9 per cent. In the fourth quarter of 2013-14, economy had grown at 4.6 per cent. "It's possible that anticipating the need for the festive season, most of the production went into the sale and inventory restocking may happen later...inventory accumulation effect may persist in the third quarter as well", he explained.

One Year Later, Uber Comes Clean On Hack Affecting 57 Million People

Forensic analysis confirmed that the names and driver's license numbers of around 600,000 USA drivers, as well as personal information about 57m users - including names, email addresses and mobile phone numbers - had been compromised. "At the time of the incident, we took immediate steps to secure the data and shut down further unauthorized access by the individuals". Within hours of the disclosure, a customer filed a lawsuit seeking class-action status, and New York Attorney General Eric ...

Decks cleared for Rahul's elevation as Congress chief

The BJP on Monday hit back at Congress chief Sonia Gandhi for her criticism of the government over likely curtailment of Parliament's Winter Session , saying her charge was a "lie" and would rank among the "greatest hypocrisies" in recent times.

Sprint is adding free Hulu service to its unlimited plan

Signup for the offer will go live this Friday, November 17th, at sprint .com/hulu. The partnership also enables Hulu, whose service is mainly geared toward younger audiences, to reach Sprint's broader customer base of families as well as share in subscriber revenue, the companies said.

Walmart to offer Black Friday deals early on its website

Below are the some of the top Black Friday deals retailers are now advertising, according to Best Black Friday . This year, Cyber Monday will be on Monday, November 27, 2017. Special Deals: Best Buy will offer free shipping on all orders with no minimum from until December 25. Discounts will be available on Walmart .com beginning at 12:01 a.m.

European Union raises growth forecast for eurozone to decade high

The Turkish economy is also expected to grow 4.1 percent in 2019. "Real GDP growth is expected at 4.2 percent in 2017 and 3.8 percent in 2018, before decelerating to 3.4 percent in 2018, with a growing positive demand gap, driven by domestic demand".

Ford recalls 1.3 million trucks due to correct issue with door latch

The auto company says they have not heard of any injuries due to this issue. Dealers can fix the issue by installing water shields over the door latches and repairing the door latch actuation cables, at no cost to the customer. Ford's F-Series line remained the top-selling vehicle in the country in 2016. Ford said the cost of the new recall would be reflected in its fourth-quarter results.

LaMarcus Aldridge Agrees Upon Three-Year, $72.3M Extension With Spurs

Last year, Aldridge averaged 17.3 points and 7.3 rebounds per game, both career lows. The 11-year National Basketball Association veteran will opt into his $22.3 million deal for the 2018-19 season, according to Adrian Wojnarowski . Despite his struggles the past two seasons, Aldridge would enter Spurs camp in the usual professional manner. Aldridge left the Portland Trail Blazers to join the Spurs on a four-year contract worth US$84 million (AU$111 million) in 2015.

Industrial growth at 9-mth high;inflation stays flat at 3.28pc

India's consumer price inflation held steady in September, defying expectations for an acceleration, preliminary data from the Central Statistics Office showed Thursday. The previous high in IIP growth was recorded at 5.1 per cent in November 2016. The July IIP growth has been revised to 0.9 per cent from 1.2 per cent.

Richard Thaler of USA wins Nobel Economics Prize

Thaler's theory of mental accounting, explaining how people simplify financial decision-making by focusing on the narrow impact of each individual decision rather than its overall effect, and his work on the so-called "endowment effect", showing how aversion to losses can explain why people value the same item more highly when they own it than when they don't, were also cited by the Academy.

Abdulahi Hasan Sharif Identified As Edmonton Attack Suspect By Police Sources

The terrorist has now been identified as Abdulahi Hasan Sharif, a Somali national who was granted refugee status in Canada . Sharif's bail hearing was delayed until Tuesday but police released a photo of Sharif taken after his capture, showing a young man gazing directly at the camera, a large bruise on his forehead.

The future is all-electric — GM

GM's two-pronged electrification approach was unexpected, although over the years the company has indicated that hydrogen fuel-cell could be as promising as all-electric propulsion technologies. Reuss said the new vehicles that aren't built on the Bolt platform will have GM's next-generation electric architecture, which he said will be more efficient with longer range than the Bolt's 238 miles.

Air France flight from Paris to LA makes emergency landing in Canada

The plane landed safely at around 1:40pm local time with part of the engine missing and debris scattered across the runway. Passengers on Airbus A380, the largest passenger plane in the world, tweeted pictures of the damaged engine. Air France has immediately sent personnel from Montreal and NY on site to take care of the passengers. Passengers reported the engine blowing out over the Atlantic Ocean, about one hour of the Canadian coast.

Russell Westbrook's extension will 'absolutely' factor into free agency decision — Paul George

Until Durant's free-agency flight to Golden State past year, he and Westbrook were OKC teammates for eight seasons. Russell Westbrook signed the biggest contract in National Basketball Association history on Friday, which just so happened to be former teammate Kevin Durant's birthday.

VW slapped with new $3bn penalty over diesel emissions scandal

Stock prices of Volkswagen fell sharply Friday after a surprise announcement of another $3 billion charge related to the company's massive USA diesel emissions scandal . Analysts estimate that diesel scrappage in Germany could cost Volkswagen up to another EUR1.2 billion . The fix is taking longer and some cars had to be worked on a couple of times.

London Uber ban: regulators finally catch up with technology

They will continue to take passengers until an appeals process is exhausted, which is likely to take several months. In an open letter , he states that while the company "has revolutionised the way people move in cities around the world, it's equally true that we've got things wrong along the way".

Uber pleads with mayor for deal

Possibly Transport for London and Sadiq Khan thought there was an easy propaganda hit to be had at the "gig economy" by removing Uber's licence . Uber has been criticized by unions and lawmakers too and been embroiled in legal battles over workers' rights. "That doesn't mean abandoning our principles - we will vigorously appeal TfL's decision - but rather building trust through our actions and our behavior".