Money

China probing two Canadians

China probing two Canadians Supporters hold signs and Chinese flags outside British Columbia Supreme Court during the third day of a bail hearing for Meng Wanzhou. She stands accused of conspiring to violate US sanctions against Iran. Acquaintances said he was due in Seoul, the South Korean capital, on Monday, but never showed up. Spavor is best known for coordinating two trips to Pyongyang for former USA basketball ... [Full Article...]

Vitaminwater will pay you $100,000 to ditch your smartphone for a year

Vitaminwater will pay you $100,000 to ditch your smartphone for a year What if someone was willing to pay you $100,000 to give up your smartphone for 365 days? People have taken to social media to list all of the reasons why they need to separate from their smartphones once and for all. The deadline to enter is January 8, 2019. "This means you may not physically operate, caress, hug or otherwise be physically affectionate with anyone's smartphone", it says. [Full Article...]

Qualcomm now looking to ban iPhone XS and XR sales in China

Qualcomm now looking to ban iPhone XS and XR sales in China The judge who made the decision not to order a US import ban on the iPhone, Administrative law judge Thomas Pender, has retired and is no longer a member of the tribunal. The latest salvo comes after a Chinese court on Monday banned the sale of older iPhones in China. "This legal response back to the Chinese courts highlights the potential seriousness of this ruling for Apple". [Full Article...]

Donald Trump Urges Democrats to Avoid Potential Partial Government Shutdown

Donald Trump Urges Democrats to Avoid Potential Partial Government Shutdown Mexico has repeatedly rejected Trump's demand that it pay for the wall. After the meeting, Pelosi said she spoke about the closed-door portion to reporters, NBC News said. In a Twitter post early on Thursday, Trump wrote that he had found a way to meet that promise. Months later, in September he tweeted a clip from a campaign rally in Phoenix during which he again said Mexico would pay for... [Full Article...]

Human Heart Found Aboard Southwest Airlines Flight, Forcing Plane to Turn Around

Human Heart Found Aboard Southwest Airlines Flight, Forcing Plane to Turn Around But it was never unloaded and its absence was not noticed until the plane was nearly half-way to Dallas. Concerned passengers used their cellphones to learn that a human heart had only hours to remain viable for a transplant, the paper said. [Full Article...]

China to revise 'Made in China 2025' tech plan, WSJ reports

China to revise 'Made in China 2025' tech plan, WSJ reports Trump and Chinese President Xi Jinping called a temporary truce in their trade war on December 1. Meng Wanzhou in Canada due to suspected sanctions violations renewed those tensions. On Tuesday, BMW AG, which exports sport utility vehicles from the U.S.to China, rose 1.8 percent while Daimler, which said the tariffs were the key reason for a profit warning in June, gained 2.7 percent. [Full Article...]

Apple to Invest $1 Billion for Texas Expansion Plan

Apple to Invest $1 Billion for Texas Expansion Plan In total, Apple plans to increase its workforce in the USA from 90,000 to 110,000 by 2023 . The new campus in North Austin will be located less than a mile from Apple's existing facilities, initially accommodating 5,000 additional employees on the 133-acre campus. [Full Article...]

Shaktikanta Das, bureaucrats bureaucrat famous for his tact and tweets

Shaktikanta Das, bureaucrats bureaucrat famous for his tact and tweets The swiftness of the move is likely due to the fact that Das was said to be in the running after Patel's predecessor, Raghuram Rajan , left the job in September 2016. Relaxation in PCA norms for weak banks was one of the key demands of the government, which felt that these norms are adversely impacting the lending capacity of banks, especially to the politically crucial small and medium enterpr... [Full Article...]

Australia mulls oversight of Google, Facebook over news, ads dominance

Australia mulls oversight of Google, Facebook over news, ads dominance Some of the resulting investigations relate to allegations "that could sit under competition law which would go to issues of misuse of market power" while some relate to "issues of consumer law", Sims told a press conference. The ACCC has said its recommendations are subject to change, but suggests handing the new regulator investigative powers to examine how the companies rank advertisements and ... [Full Article...]

Congress approves $400 billion for farmers, forests, poor

Congress approves $400 billion for farmers, forests, poor Western Kentucky University Agriculture Professor Todd Willian says they've been part of experimental programs with industrial hemp for five years. But the bill's drafters used the baseline set by the Congressional Budget Office under existing spending levels of $867 billion over the next 10 years, meaning it will not increase the federal deficit from prior projections. [Full Article...]

Kotex tampons recalled after defect discovered

Kotex tampons recalled after defect discovered In some cases, the company says medical treatment was required to remove pieces of the tampon left inside the body. Only specific lots of the tampons distributed between October 17, 2016 and October 23, 2018 are affected by this recall. [Full Article...]

Oil prices rise as OPEC-led supply cuts expected to stabilise markets

Oil prices rise as OPEC-led supply cuts expected to stabilise markets Given that it took the influence of Russian energy minister Alexander Novak to broker a deal as OPEC's meeting unexpectedly stretched into two days, the market may yet need convincing that the group will actually deliver the cuts it promised. [Full Article...]

As Theresa May faces leadership vote, a look at what happens next

As Theresa May faces leadership vote, a look at what happens next British Prime Minister Theresa May's job is on the line in a non-confidence vote by Conservative MPs. Sterling jumped as high as $1.2672 as the result came in but then fell to $1.2605, still up 1 per cent on the day, after it emerged that the number of lawmakers who had voted against May was higher than many in the markets had expected. [Full Article...]

Google CEO explains why Donald Trump comes up in search for 'idiot'

Google CEO explains why Donald Trump comes up in search for 'idiot' As for providing users with tools to understand what data is collected, Pichai told Congress that it regularly reminds people to perform a privacy check-up so they can have an understanding of what data is collected and choose to toggle off certain data collections if they so choose. [Full Article...]

Former Canadian diplomat detained in China

Former Canadian diplomat detained in China The prosecutor added that Meng, who has a son studying in Boston, frequently traveled to the U.S. but stopped since March 2017, presumably after the U.S. None of the allegations against Ms. Meng have been proven in court. Over the weekend, Chinese Vice Foreign Minister Le Yucheng summoned Canadian Ambassador John McCallum and US Ambassador Terry Branstad. [Full Article...]

Don't use protests in France to curb climate ambitions: French officials

Don't use protests in France to curb climate ambitions: French officials Demonstrators clash with riot police at the Arc de Triomphe during a protest of Yellow vests against rising oil prices and living costs, December 1, 2018, in Paris . "It is time they paid a fair level of tax", he told RTL on Monday. "We probably have not been able for a year and a half to bring quick enough and strong enough responses ", he said. [Full Article...]

Qualcomm wins import ban on iPhones in China

Qualcomm wins import ban on iPhones in China Apple's iPhone has been hit with a preliminary injunction in China, after Qualcomm's legal battle with the smartphone-maker reached new heights this week. "While the headlines are concerning regarding this latest China court ruling we believe the models involved are related to 10%-15% of sales potentially impacted in the region related to older versions". [Full Article...]

Ex-Nissan chief Ghosn charged, served with fresh arrest warrant

Ex-Nissan chief Ghosn charged, served with fresh arrest warrant The Rio apartment, which the carmaker says it owns, contains three safes that Nissan has yet to open, according to the filing. The details of his re-arrest are still unclear, but local media said it was possibly related to accusations of three additional years of under-reporting his income. [Full Article...]

All Indians should be concerned, says Raghuram Rajan on Patel’s resignation

All Indians should be concerned, says Raghuram Rajan on Patel’s resignation His term at the helm was due to end in September 2019. Speculation over his resignation began last month after a rift between the Centre and the central bank became public. On the issue of reserves, the RBI board made a decision to form an expert committee to examine its economic capital framework, which will decide the amount of reserves it can maintain, handing over the balance to the govern... [Full Article...]

City's unemployment rate 5.2 per cent in November

City's unemployment rate 5.2 per cent in November For employee work, the private sector added 78,600 positions in November, while the public sector gained 8,300 jobs. The report will provide some relief for Bank of Canada Governor Stephen Poloz, who said on Thursday that economic data since October had been disappointing. [Full Article...]


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