Business

Google bought Mastercard data to link ads with in-store purchases

Google bought Mastercard data to link ads with in-store purchases The process starts with a user who's logged into their Google account and clicks on a Google ad. The spokesperson added that users can opt out of ad tracking through the Web and App Activity section in their Google account. The opt out tool Google mentions makes no mention of tracking offline purchases. This tool, however, didn't track sales made within the stores. Both Google and Blo... [Full Article...]

Calif. Senate approves net neutrality rules, sends bill to governor

Calif. Senate approves net neutrality rules, sends bill to governor If Gov. Jerry Brown signs SB328, schools will have about three years to comply. California's net neutrality debate is being closely watched by advocates around the country, who are looking to the home of Silicon Valley to pass sweeping net neutrality provisions that could drive momentum in other states or create pressure for Congress to enact nationwide protections. [Full Article...]

Wall St mixed as US-Canada trade talks end

Wall St mixed as US-Canada trade talks end USA stocks opened lower on Friday for a second day in a row, as concerns about the ongoing trade talks between the United States and other major economies hampered a record rally for the major indexes. The heavyweight financials sector slipped 0.2 percent. Copper prices declined 0.6 percent to $6,027.5 a ton. The most active companies traded on the market are Aurora Cannabis Inc., falling 3.1 ... [Full Article...]

Ethereum Ethereum Price Analysis: ETH/USD Near Significant Juncture

Ethereum Ethereum Price Analysis: ETH/USD Near Significant Juncture There have been a lot of positive developments in the crypto industry but none of them seem to have had any much of an impact on the prices as yet. Citing an unnamed source with knowledge of the situation, Business Insider reports that CBOE wants to become the first US exchange to list an ethereum futures product, which would transform ether into more of a two-sided market by allowing ... [Full Article...]

Argentina's peso in freefall despite cenbank rate hike to 60 pct

Argentina's peso in freefall despite cenbank rate hike to 60 pct Argentina's currency , the peso, has faced another torrid day, losing more than 15pc of its value against the dollar in early U.S. trading. Efforts by the Argentinian central bank to stabilize the national currency by raising a key interest rate to 60 percent have done little to soothe rapidly deteriorating sentiment in Latin America's third-largest economy. [Full Article...]

Ford ditches plan to sell China-made Focus crossover in US

Moody's Investors Service this week downgraded the company's credit rating to a step removed from junk, citing risks associated with a turnaround effort that Chief Executive Officer Jim Hackett has warned could be costly and take years. "Given the negative financial impact of the new tariffs , we've made a decision to not import this vehicle from China", he said. "Even a US vehicle made in the US... [Full Article...]

Trump Proposes Freezing Federal Worker Salaries

Trump Proposes Freezing Federal Worker Salaries The administration's July budget update projected a deficit of $890 million for the fiscal year that ends September 30, up from the February estimate of $873 billion. In the same month, Trump signed three consecutive orders that made it easier to fire civilian employees. The pay raise matter was the latest in a string of moves that reflect an attempt to rein in spending on federal employees. [Full Article...]

GDP growth accelerates to over 2-year high of 8.2% in Q1

GDP growth accelerates to over 2-year high of 8.2% in Q1 The Quarterly GVA at basic prices for Q1 2018-19 from "agriculture, forestry and fishing" sector grew by 5.3 percent as compared to growth of 3 percent in Q1 2017-18. He said, "If you calculate the core GVA, which is basically the private sector, that has actually surged to 8.1 percent as against 7.2 percent". "Pay Commission/HRA revisions at the state level, where government employee strength i... [Full Article...]

Coca-Cola to buy UK’s Costa Coffee chain for $5.1 billion

Coca-Cola to buy UK’s Costa Coffee chain for $5.1 billion Shares in Whitbread Plc have surged nearly 20 percent on news of the deal on Friday, adding more than £1 billion ($1.3 billion) to the group's stock market value, as financial analysts said the price was markedly higher than expected. Coca-Cola is getting into the coffee business. The sale will yield a "substantial premium" to the value that would have been created through a spinoff, Whitbread... [Full Article...]

Trans Mountain pipeline expansion quashed by Federal Court of Appeal

Trans Mountain pipeline expansion quashed by Federal Court of Appeal The court combined into one case almost two dozen lawsuits calling for the National Energy Board's review of Kinder Morgan Canada Ltd.'s project to be overturned. raised concerns about the pipeline route passing through an aquifer that is the sole supply of drinking water for its main reserve. Corrigan said he doesn't think this ruling will put the nail in the coffin of the proposed expansion ... [Full Article...]

Vodafone in A$15bn Australian merger

Vodafone in A$15bn Australian merger Vodafone Australia and TPG Telecom have announced plans to merge into a single $15 billion telecommunications giant, in an effort to take on telco heavyweights Telstra and Optus. The merger is expected to complete next year. "The merger with Vodafone represents an exciting step-change in TPG's evolution, and will benefit both our shareholders and Australian consumers alike", Teoh said. [Full Article...]

Facebook takes fight to YouTube with global launch of Watch service

Facebook takes fight to YouTube with global launch of Watch service Facebook launched Watch a year ago in the United States, featuring programming produced exclusively for the social network. There is also a "Watchlist" for users to keep track of the new shows and view saved clips later from their News Feeds. [Full Article...]

Nigerian economy loses momentum in Q2 as oil sector contracts

Nigerian economy loses momentum in Q2 as oil sector contracts Chief Executive Officer Of Cowry Asset Management, Mr Johnson Chukwu, told Channels Television's on Channels Television programme, Business Morning said although the GDP Q2 report shows positive growth, the key sectors, however, did not perform positively. [Full Article...]

Drones and stakeouts: how Tesla 'haters' put pressure on CEO Musk

Drones and stakeouts: how Tesla 'haters' put pressure on CEO Musk The 63-year-old, who has expert local knowledge of the Tham Luang cave system, added Musk could " stick his submarine where it hurts ". Elon Musk has tweeted again about a man he had previously accused of being a child abuser. Loss-making Tesla told investors earlier this month that it expects to show a profit in the third and fourth quarters and has reiterated that it does not plan to seek ne... [Full Article...]

RBI's currency report in charts

RBI's currency report in charts The overall reduction in detection of counterfeit notes was primarily due to the decline in cases of fake old Rs 500 notes. For instance, detected fake ₹50 notes showed a 154% increase in 2017-18 compared to 2016-17. The report also noted that India's economy has been "resilient" with upturns in investment and construction sectors, during the financial year ending March 31, 2018. [Full Article...]

Trump Organization finance chief 'gets immunity' in Cohen probe

Trump Organization finance chief 'gets immunity' in Cohen probe In other words, Mariotti's suggestion here assumes that Manafort simply wanted to avoid a second trial on the charges against him without cooperating. President Donald Trump should be more anxious about federal prosecutors in NY than about the Russian Federation probe led by Special Counsel Robert Mueller , retired Harvard Law School professor Alan Dershowitz said Sunday . [Full Article...]

Kalashnikov unveils new electric vehicle to rival Tesla

Kalashnikov unveils new electric vehicle to rival Tesla The car's design is based on a 1970s-era Soviet hatchback. The maker of the famous AK-47 rifle this week showed off a concept electric auto it says can rival Tesla. Ironically, Kalashnikov describes the CV-1's inverter as "revolutionary", stating that it can handle up to 1.2 megawatt-hours of energy despite minimal packaging size and weight. [Full Article...]

Verizon slowed down firefighters’ internet during California wildfires: court filing

Verizon slowed down firefighters’ internet during California wildfires: court filing The fire department has an unlimited government plan with Verizon, but the company slowed, or throttled, data speed once the agency reached a certain threshold, Bowden wrote in an August 20 court filing. The blaze ranked second in size only to the Mendocino Complex fires , the largest in state history. 'Dated or stale information regarding the availability or need for resources can slow respo... [Full Article...]

'Despite Saudi Aramco IPO delay, the kingdom still prospering'

'Despite Saudi Aramco IPO delay, the kingdom still prospering' Energy Minister Khalid al-Falih says the government is committed to conducting the IPO, at the "appropriate circumstances and time". Tim Callen, IMF's mission Chief for Saudi Arabia, said that Aramco was one part of the reform programme, but other parts are moving ahead fairly well. [Full Article...]

Trump says US-Mexico trade deal could be imminent

Trump says US-Mexico trade deal could be imminent NAFTA has come under fierce scrutiny by President Trump since his time on the campaign trail, even calling the agreement the "worst trade deal ever made". However, a day earlier Guajardo had said the two sides might be able to reach agreement in "hours". "Canada's worst fear is a bilateral deal between the USA and Mexico that leaves our northern neighbors out in the cold", a former US trade ... [Full Article...]


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