Money

Would you fly in a pilotless plane if it saved you money?

Would you fly in a pilotless plane if it saved you money? With pilotless planes are now being trialed, analysis by the Swiss bank suggested they could be used commonly for air taxis and cargo flights by the 2020s, before spreading into business jets and helicopters by the 2030s. Half of the respondents said that they would not buy the pilotless flight ticket even if it was cheaper. Pilotless planes could even reduce fares, making them an attractive opt... [Full Article...]

CBA blames money laundering reporting failures on ATM coding error

CBA blames money laundering reporting failures on ATM coding error CBA has responded to the AUSTRAC-initiated civil penalty proceedings, saying it has invested more than $230 million into anti-money laundering compliance and will be filing a statement of defence soon. "Following the software update, a coding error occurred which meant the IDMs did not create the TTRs needed". When the error was finally discovered in 2015, the issue was fixed and Austrac was ale... [Full Article...]

Didi Chuxing's proxy war with Uber has expanded to the Middle East

Didi Chuxing's proxy war with Uber has expanded to the Middle East A week after its first investment in Europe , Chinese ride-sharing giant Didi Chuxing is spreading its wings once again after it announced a financing deal with Careem, an Uber rival in the Middle East that is valued at more than $1 billion. [Full Article...]

Prosecution to rest after 'Top Chef' host testifies about confrontation with Teamster

Prosecution to rest after 'Top Chef' host testifies about confrontation with Teamster According to a report , the incident in question involved a confrontation between Teamsters and the show's production team at a Boston-area restaurant where they were filming a scene for the show back in 2014. Under questioning from defense attorney Oscar Cruz, Lakshmi said that she did not want to cross a union picket line because she feared that if she was photographed doing so, Teamsters in ot... [Full Article...]

PM should explain, says Cong on alleged discrepancy in notes

PM should explain, says Cong on alleged discrepancy in notes Issue cannon balled into heated exchange and disruption of Rajya Sabha The issue created such an uproar, during which the two sides traded heated exchanges, that the house was adjourned six times before the final adjournment for the day. Finance Minister Arun Jaitley , who is also Leader of the House, accused the opposition of raising " frivolous " issues day after day. There is no such provision... [Full Article...]

Global partnership deal for Triumph Motorcycles

Global partnership deal for Triumph Motorcycles The fruits of this alliance will be motorcycles in the mid-capacity range that will benefit from both Bajaj and Triumph's collective strengths. "This new global partnership will enable Triumph to significantly expand its global reach by entering new higher volume market segments, especially within the emerging markets across the world". [Full Article...]

New Melbourne café charging an 18 percent 'man tax'

New Melbourne café charging an 18 percent 'man tax' The nation's pay gap between men and women's salaries was at 23.1 percent a year ago, according to research by the Workplace Gender Equality Agency (WGEA). "We are not imposing the surcharge, it's voluntary", Ms O'Brien added. She told the Daily Mail the proceeds of the 18 per cent premium will go to a non-profit women services group. [Full Article...]

Macron backpedals on creating First Lady status

Macron backpedals on creating First Lady status A petition to prevent the granting of the status to First Lady to the wife of French President Emmanuel Macron , has reportedly gained 180,000 of the 200,000 required signatures since it began two weeks ago. He wrote: " We fiercely denounce all sexist attacks against Brigitte Macron and we do not question her skills ". Thierry Paul Valette , the petition's creator, made an effort to distance... [Full Article...]

Monthly Downward Snap - Valeant Pharmaceuticals International, Inc. (VRX) performed -5.30%

Monthly Downward Snap - Valeant Pharmaceuticals International, Inc. (VRX) performed -5.30% The company's past year sales total was 220320. Armstrong Henry H Associates Inc. raised its position in Valeant Pharmaceuticals International by 0.3% in the second quarter. ILLEGAL ACTIVITY WARNING: This report was first reported by Week Herald and is the sole property of of Week Herald. If you are viewing this story on another domain, it was illegally stolen and republished in violation of U.S... [Full Article...]

Mazda to use diesel technology to build ultra-efficient petrol engines

Mazda to use diesel technology to build ultra-efficient petrol engines Although with developing hybrids and EVs with Toyota as reported earlier today, the controlled compression ignition engine philosophy will initially be implemented in the next-gen Mazda3 in the "fiscal year ending March 2019". Mazda promises a 20 to 30 percent bump in efficiency over its current Skyactiv-G engines. Mazda said this will enable Skyactiv-X engines to produce lower carbon dioxide em... [Full Article...]

Couple Buy San Francisco Street, Trees And All, For $90000

Couple Buy San Francisco Street, Trees And All, For $90000 There are 35 multi-million-dollar mansions facing the oval-shaped cul de sac, which has a manned guard station paid for by the residents, and as the Chronicle reports, a snafu relating to a $14-per-year tax bill that had been being sent to the wrong address for over 30 years led to Tina Lam and Michael Cheng buying Presidio Terrace for $90,000. [Full Article...]

The Ibstock plc (IBST) Given Buy Rating at Deutsche Bank AG

The Ibstock plc (IBST) Given Buy Rating at Deutsche Bank AG The rating was maintained by Beaufort Securities with "Hold" on Wednesday, September 14. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have assigned a buy rating to the stock. The company was maintained on Tuesday, November 22 by JP Morgan. The company has market cap of 3.34 billion GBP. The Firm operates in two divisions: Flybe UK, which comprises t... [Full Article...]

FSA investigates eggs contaminated with insecticide

FSA investigates eggs contaminated with insecticide Meanwhile, the French government said Monday "thirteen batches of contaminated eggs from The Netherlands" were delivered in July to food processing companies located in central-western France. According to Schmidt, there were no more contaminated eggs in German supermarkets. They say it is as a precautionary measure. The government has already taken action to prevent any risk to United Kingdom con... [Full Article...]

United Kingdom house price rises slow to four-year low, says Halifax

United Kingdom house price rises slow to four-year low, says Halifax Before the referendum the Treasury projected that house prices in 2018 could be between 10 and 18 per cent lower than otherwise in the event of a Leave vote. "Although prices are still down on the previous quarter and price growth is likely to remain fairly subdued for the remainder of the year, they continue to be up on an annual basis and given the current seasonality an increase no matter how... [Full Article...]

China export, import growth weaken in July, dimming outlook

China export, import growth weaken in July, dimming outlook Reserves rose $24 billion in July to $3.081 trillion, compared with an increase of $3.2 billion in June. It burned through almost $320 billion of reserves previous year but the yuan still fell about 6.5 percent against the surging dollar, its biggest annual drop since 1994, Reuters added. [Full Article...]

Marriott partners with Alibaba to capture Chinese tourism boom

Marriott partners with Alibaba to capture Chinese tourism boom The JV will also manage Marriott's storefront on Fliggy, Alibaba's travel service platform, as well as the hotel chain's Chinese-language digital channels including Marriott.com, Starwoodhotels.com and corresponding mobile apps. Two men chat beside a logo of Alibaba at its headquarters on the outskirts of Hangzhou, Zhejiang province. The statement also says Marriott hotel owners and franchisees ... [Full Article...]

Sensex Ends 52 Points Lower; Midcap, Smallcap Stocks Shine

Sensex Ends 52 Points Lower; Midcap, Smallcap Stocks Shine The benchmark BSE Sensex continued its rising trend by gaining over 61 points to 32,386.52 in early trade Monday on sustained foreign fund inflows amid positive global cues. Scrips of Infosys , Tata Motors DVR, NTPC and Dr Reddy's Lab also failed to support the market. Motilal Oswal in its daily Market Outlook report said, "Nifty index managed to hold 9980-10000 zones and witnessed a sharp re... [Full Article...]

11.44 lakh PANs deactivated, check if yours is included

11.44 lakh PANs deactivated, check if yours is included The Central Government has deactivated around 11.4 lakh PAN cards by 27 July 2017, which slammed down the frauds who kept multiple PAN cards to avoid paying taxes. Click on submit , after which you will receive an OTP . The mobile number that you enter on this page needs to be the same one that you had for your PAN card. [Full Article...]

Remains of 9/11 victim identified in NYC

Remains of 9/11 victim identified in NYC The last victim was identified in March 2015. The new identification was made through DNA. About 100 victims did not have living relatives or family members who participated in the identification process where scientists used relatives to match DNA uncovered. [Full Article...]

Lapse of work done for the Waterloo Upgrade so far

Lapse of work done for the Waterloo Upgrade so far Almost half of the station's platforms were closed and significantly fewer trains were running than usual at Waterloo , the London rail hub for services from southwest England and the south coast. The platforms will be extended and modified to accommodate longer trains. Becky Lumlock, route managing director at Network Rail, said: "We've already made good progress over the weekend in our work t... [Full Article...]


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