Money

Money United Kingdom announces digital services tax on tech giants
Author: 0 United Kingdom announces digital services tax on tech giants

Analysis by the Resolution Foundation think tank showed the tax cuts would "overwhelmingly benefit richer households", with nearly half (45%) set to go to the top 10% of households. "So the big picture for the economy is that the fiscal stance will now go from a slight headwind to a small tailwind throughout the forecast", says Gregory.

Money Govt Sends Letters to RBI Invoking Section 7 of RBI Act
Author: 0 Govt Sends Letters to RBI Invoking Section 7 of RBI Act

The counsel representing RBI had said that Section 7 of the RBI Act "embodies and puts in place a forum for resolution of all questions and is in one sense the repository mechanism for dealing with issues which constitute a "conflict zone".

Money Trump To Hold Rally In Escambia County This Week
Author: 0 Trump To Hold Rally In Escambia County This Week

Democrats are motivated to vote, and they're motivated to donate, the latter level of enthusiasm the GOP has yet to match this cycle, and at this point, the money race is over. Mimi Walters. What will Democrats win in Senate and House mean for Trump? This year, opinion polls give Levin an edge over his Republican rival, Diane Harkey.

Money Asian Markets Fall After Sharp Losses On Wall Street
Author: 0 Asian Markets Fall After Sharp Losses On Wall Street

Stocks fell Friday as a technology sell-off rattled global markets. Asian stock markets opened in the red on Thursday, a day after technology stocks hit Wall Street with the largest daily decline since 2011 and wiped out all of this year's gains.

Money Look China rich help drive global billionaire wealth to $12.3 trillion
Author: 0 Look China rich help drive global billionaire wealth to $12.3 trillion

China may create lots of billionaires-but it isn't always clear who the money really belongs to or who gets to keep it in the long run. China's 400 wealthiest people have already lost a combined US$130 billion from their fortunes in the past year, according to Forbes' 2018 China Rich List, published on Thursday.

Money IBM is acquiring Red Hat for $34 billion
Author: 0 IBM is acquiring Red Hat for $34 billion

IBM says it intends to keep Red Hat's headquarters in Raleigh . The deal comes just two weeks after IBM reported that its sales for its quarter ended September 30 came in at $18.8 billion , down two percent from year ago period, but flat when adjusted for currency fluctuations.

Money The Shale Boom Calmed Oil Markets, but for How Much Longer?
Author: 0 The Shale Boom Calmed Oil Markets, but for How Much Longer?

However, there is an important distinction when it comes to Saudi Arabia . These concerns were raised over USA sanctions on Iran going into effect by November 5. EIA also forecast West Texas Intermediate (WTI) prices to increase at a slightly slower rate, leading to a widening of the Brent-WTI spread to 9 dollars per barrel in October.

Money Stock market falls again as GDP report shows economic weakness
Author: 0 Stock market falls again as GDP report shows economic weakness

Last month, the Federal Reserve boosted its growth projection to 3.1 percent for 2018, but it saw growth slowing to 2.5 percent next year. The U.S. However, the drag from trade was probably offset by faster inventory accumulation by businesses stockpiling before US import duties, on mostly in Chinese goods, came into effect.

Money Oil Drops on Stock-Market Swings
Author: 0 Oil Drops on Stock-Market Swings

Oil is poised for the longest weekly losing streak since August. Touching upon the importance of oil market stability for the USA, senior energy expert Omid Shokri says it is not easy to drive Iran's oil export to zero in short term. New concerns about an oversupplied market were raised on Thursday when Saudi Arabia's OPEC governor said that the oil market could face oversupply in the current quarter.

Money Volkswagen T-Cross: new SA-bound baby crossover revealed!
Author: 0 Volkswagen T-Cross: new SA-bound baby crossover revealed!

We unveiled it a few hours ago in Shanghai, and São Paulo will follow later tonight. Volkswagen continues with the largest SUV offensive in the companys history. Buyers can add more amenities to the SUV by choosing options like a digital instrument panel, 8-inch touchscreen infotainment display, keyless start, adaptive cruise control, high-beam assist, and a Beats sound system.

Money Tesla Model X among '10 Least Reliable Cars' in Consumer Reports ranking
Author: 0 Tesla Model X among '10 Least Reliable Cars' in Consumer Reports ranking

The American brands that dropped the most were Chrysler , Tesla , and Chevrolet . The Model 3 sedan, seen as key to Tesla's profitability, debuted with "Average" reliability. A Tesla spokeswoman said some Model S owners experienced suspension issues, mostly in 2017, and said the problem stemmed from a supplier and has been addressed by the automaker.

Money One winning ticket in huge $1.5 billion USA lotto jackpot
Author: 0 One winning ticket in huge $1.5 billion USA lotto jackpot

There could be more lucky ticket holders - not all states have reported if they sold any partially winning ticket numbers. It will likely be days or even weeks before a victor steps forward to claim the prize. In total, there were 15,750,013 winning tickets Tuesday night in addition to the jackpot victor, the release said. But $1 million tickets were sold in both OH and Kentucky.

Money Google sacks 48 people over sexual misconduct claims
Author: 0 Google sacks 48 people over sexual misconduct claims

The email came in response to a New York Times report on Thursday which said Google protected three executives accused of sexual misconduct , including Android creator Andy Rubin . Later, Rubin tweeted that the story was a "smear campaign". In 2014, Rubin left the company. The Information reported previous year that Google had found that Rubin was involved in an "inappropriate relationship" with a subordinate.

Money Retired veteran claims $1 million Powerball ticket in Madison
Author: 0 Retired veteran claims $1 million Powerball ticket in Madison

But when she learned it was true, "I was shaking", she said. "I didn't believe it at first, then I started thinking, 'Oh my, what are we going to do with all this?'" nurse administrator Marianne Kraemer said. If someone wins the Powerball on Saturday they will have the option of an immediate cash payment of $428.6 million, or the $750 million prize paid out over 29 years, according to the lottery.

Money Tesla Model 3 to arrive in the United Kingdom in RHD mid 2019
Author: 0 Tesla Model 3 to arrive in the United Kingdom in RHD mid 2019

That level of popularity was a major factor behind the reversal of a major Tesla short-seller this month (short sellers bet that a stock's price will fall). "Tesla has a lot of upside". Company looking to expand Model 3 production . Tesla CEO Elon Musk once again pointed out that the company now did not intend to raise equity or debt.

Money CIA director set to brief Trump on Khashoggi as President fumes
Author: 0 CIA director set to brief Trump on Khashoggi as President fumes

Saudi journalist Jamal Khashoggi , known for his criticism of Saudi Arabia's current policy, left his home country and moved to the United States in 2017. Riyadh initially denied knowledge of his fate before saying he was killed in a "fistfight" inside the consulate and then calling Khashoggi's killing a "rogue operation".

Money United States lawmakers consider bill to ban arms sales to Saudi Arabia
Author: 0 United States lawmakers consider bill to ban arms sales to Saudi Arabia

On Tuesday, Trudeau seemed reluctant to cancel the deal with Saudi Arabia, billed as the largest arms deal in Canadian history. Only on Saturday, Riyadh admitted that Khashoggi was killed in the consulate during a fistfight with Saudi officials who tried to convince him to return to Riyadh .

Money Bad Santa! Amazon shares tumble after disappointing Christmas forecast
Author: 0 Bad Santa! Amazon shares tumble after disappointing Christmas forecast

Its revenue of $56.6 billion, however, missed the $57.1 billion that was expected, and its fourth-quarter revenue guidance of $66.5 billion to $72.5 billion also fell short. Now, Walmart , Target and others are working harder to play catchup against Amazon to hold onto their customers. Amazon's bottom line is being affected by its heavy investment in cloud data centers and voice-based hardware, and by its decision to bump up its starting wage for United States workers to $15 an hour, ...

Money 'Gold digging’ dog pretends to be stray for McDonald’s burgers
Author: 0 'Gold digging’ dog pretends to be stray for McDonald’s burgers

Reyes posted a second video of the dog's reaction when she saw her owner. But Reyes made a decision to go one step further and catch her dog in the act and drove to her local McDonald's on Monday night. Knowing this, Reyes later posted damning video footage of Princess shaking down a random couple dining in their truck - proving just how effective the hound's hustle really is.

Money Changing story again, Saudi Arabia says journalist Jamal Khashoggi's killing was planned
Author: 0 Changing story again, Saudi Arabia says journalist Jamal Khashoggi's killing was planned

The Washington Post reported Wednesday that Haspel listened to audio purportedly of his interrogation and murder while she was in Turkey. The CIA declined to comment when asked whether Haspel heard any such recording. After days of denying any knowledge of his whereabouts, Saudi officials last week admitted that the journalist had been killed inside the consulate.

Money Mohammed bin Salman condemns Jamal Khashoggi killing
Author: 0 Mohammed bin Salman condemns Jamal Khashoggi killing

Saudi Arabia's powerful Crown Prince has said the case of Jamal Khashoggi was "painful" and a "heinous crime that can not be justified", following the Saudi journalist's killing at the country's consulate in Istanbul . After the Turks challenged that account and it became clear Khashoggi had not left the consulate, Saudi officials remained nearly entirely silent on the matter.

Money Saudi prosecutor says Khashoggi murder was premeditated
Author: 0 Saudi prosecutor says Khashoggi murder was premeditated

The killing of writer Jamal Khashoggi has prompted soul-searching in many European countries about their sale of arms to Saudi Arabia , long one of the biggest buyers of sophisticated Western weaponry. "It's important those involved in this atrocity are brought to justice". In protest at the Khashoggi case, British billionaire Richard Branson suspended discussions with Saudi Arabia's Public Investment Fund, which hosted the conference, over a planned US$1 billion investment in his group's ...

Money United Kingdom draws up plans for Brexit ferry flotilla
Author: 0 United Kingdom draws up plans for Brexit ferry flotilla

The reports said: "Government's assumption that the risks will not change materially on day one is reasonable in the short term but organised criminals and others are likely to be quick to exploit any perceived weaknesses or gaps in the enforcement regime".

Money Asia stocks fall sharply after Wall Street losses
Author: 0 Asia stocks fall sharply after Wall Street losses

That year, talks between China and the United Kingdom about the city's future sparked panic across financial markets, triggering a sharp depreciation of the Hong Kong dollar. China's economy grew 6.5 percent from July to September, the slowest pace since early 2009. Wall Street was caught in another wave of aggressive selling overnight, as volatility surged and investors continued to dump technology stocks.

Money Apple And Samsung Have Been Fined For Intentionally Slowing Down Phones
Author: 0 Apple And Samsung Have Been Fined For Intentionally Slowing Down Phones

KitGuru Says: Apple and Samsung have yet to comment on this ruling but I imagine some kind of appeal will be filed. The Italian Competition Authority (ICA) said in a news release this week that it had fined Samsung and Apple the maximum prescribed amount for the scope and severity of their alleged unfair business practices.

Money Winning ticket in $2.45 billion United States lottery
Author: 0 Winning ticket in $2.45 billion United States lottery

The odds of winning a prize are 1 in 24, according to the Mega Millions website. Three tickets matched four of the first five numbers and the Megaball without Megaplier to win $10,000. Meanwhile, South Carolina Education Lottery Chief Operating Officer Tony Cooper had some advice for the victor, who has 180 days to claim his or her prize: "Sign the back of that (ticket)".

Money What to do if you win the $1.6 billion Mega Millions jackpot
Author: 0 What to do if you win the $1.6 billion Mega Millions jackpot

That prize - won back on January 13, 2016 - was split between three winners, including one in Chino Hills. "That should include an attorney, a financial advisor and tax adviser". The current Mega Millions jackpot beats the previous record, a $1.586 billion jackpot for a Powerball drawing in 2016, said Seth Elkin, a spokesman for Mega Millions.

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