Finance

Over 30 Jet Airways passengers bleed mid-air by crew negligence

Over 30 Jet Airways passengers bleed mid-air by crew negligence India's Ministry of Civil Aviation said in a tweet it had sought an "immediate report" from official agencies. Releasing an official statement , Jet Airways has tendered an apology for the discomfort to passengers and said that "the affected people onboard were taken to the airport terminal where a medical team administered first aid". [Full Article...]

Alibaba's Jack Ma says US-China trade friction could last 20 years

The trade war between USA and China could last 20 years and have a bigger impact than most people think, Jack Ma , the founder and executive chairman of Alibaba , the largest e-commerce site in China, said. Speaking at an investor day conference in Hangzhou, Ma said China should focus on strengthening its economic ties with countries in Southeast Asia and Africa, and depend less on the U.S.in ... [Full Article...]

Coca-Cola May Start Making Cannabis Beverages

Coca-Cola May Start Making Cannabis Beverages It's a distinct possibility, following reports that the beverage giant is talking with a Canadian cannabis company about creating a wellness drink that would contain cannabidiol (CBD). "There are different viewpoints on a product category, and you don't want to offend too much", Dibadj said. "No decisions have been made at this time", read the statement . [Full Article...]

Cathay Pacific plane’s new paint job results in huge typo

Cathay Pacific plane’s new paint job results in huge typo And although the airlines believes it was down to a mistake, an engineer for Haeco - Cathay Pacific's sister company - isn't convinced. Cathay Pacific wrote: "Oops this special livery won't last long!" The airline confirmed the error on its Twitter account, and poked a bit of fun at itself in the process. [Full Article...]

Donald Trump praises emergency response to ‘epic’ floods and hurricane

Donald Trump praises emergency response to ‘epic’ floods and hurricane We're with you all the way. WH Group Ltd's Smithfield Foods Inc [SFIL.UL], the biggest USA pork producer, was operating processing plants at limited capacity, after previously closing the world's largest hog slaughterhouse in Tar Heel, North Carolina , spokeswoman Diana Souder said. [Full Article...]

Australia's needle-in-strawberry scare widens

Australia's needle-in-strawberry scare widens The 15-year jail term is the same as financing terrorism, or for child pornography. It's not amusing. You're putting the livelihoods of hard-working Australians at risk and you're scaring children. Australian farmers have been forced to dump tonnes of strawberries after needles were found in their produce. NSW detective superintendent Daniel Doherty called them "an act of treachery on the comm... [Full Article...]

McDonalds Workers to Go On Nationwide Strike

McDonalds Workers to Go On Nationwide Strike The statement in question claims, "This committee would chart a path forward to make sure nobody who works for McDonald's faces sexual harassment on the job". The Fight for $15, a national movement seeking to increase the minimum wage, has been pressurising the chain to increase wages and improve working conditions. [Full Article...]

UK Brexit minister sees no alternative to Irish border plan: Spiegel

UK Brexit minister sees no alternative to Irish border plan: Spiegel May's former foreign minister, Boris Johnson, attacked May's Brexit plans . The Migration Advisory Committee (MAC), an independent body which gives the government advice on migration, also said Britain should make it easier for higher-skilled workers to migrate than lower-skilled workers. [Full Article...]

Saudi Arabia invests $1B in Tesla rival Lucid

Saudi Arabia invests $1B in Tesla rival Lucid The cheapest Tesla Model 3 is priced at about $50,000, and the Model S can top out above $100,000. The vehicle will have a battery range of 240 miles to 400 miles per charge, depending on what kind of extras are ordered. Tesla stock dropped Monday on reaction to the news, the same day that the Saudi fund announced it had taken its first loan, an $11bn borrowing from global banks as it tries ... [Full Article...]

Bring on the cheese: Deals for National Cheeseburger Day 2018

Bring on the cheese: Deals for National Cheeseburger Day 2018 Locations nationwide are offering $1 BurgerFi Cheeseburgers with the purchase of a BurgerFi Cheeseburger. McDonald's: With the fast-food chain's mobile app , find offers including a $1 McDouble, available once per day. The offer is only available at the Sandusky B-Lux Grill and Bar location and is only available for the first 500 customers who buy a burger entree. Sonic : This restaur... [Full Article...]

China Says Will "Take Countermeasures" After New US Tariffs

The Commerce Ministry gave no details of China's response to USA tariffs imposed in their fight over Chinese technology policy. The commerce ministry said the new tariffs "bring new uncertainty to the consultations between the two sides". [Full Article...]

Trump Slaps New Tariffs on Chinese Products

Trump Slaps New Tariffs on Chinese Products The Chinese government may decline to participate in proposed trade talks with the United States later this month if the Trump administration moves forward with additional tariffs on imported Chinese goods, the Wall Street Journal reported on Sunday, citing Chinese officials. [Full Article...]

British Diver Sues Elon Musk Over "Pedo" Accusation

Unsworth is seeking unspecified damages "for the worldwide damage he has suffered to his reputation", according to the lawsuit, which noted that a separate complaint was being readied in the High Court of London. Elon Musk may face more than one lawsuit from the British rescue diver. "He was offered free legal services". So far, the EV entrepreneur reports in-house repairs are taking as little ... [Full Article...]

President Trump Slaps China With Additional $200 Billion Tariffs

The move will disappoint the City, where traders had been clinging to hopes of a peace deal. However, this latest round is the biggest to date, and unlike the earlier rounds this latest list targets consumer goods, such as luggage and furniture. [Full Article...]

Trump imposes tariffs on $200B more of Chinese goods

Trump imposes tariffs on $200B more of Chinese goods The new wave is scheduled to go into effect September 24, with tariffs starting at 10 percent before climbing to 25 percent by the end of the year. Trump also threatened to add tariffs on about $267 billion of additional imports if China retaliates against USA farmers or other industries. [Full Article...]

Merger of Vijaya Bank, Dena Bank & Bank of Baroda announced

Merger of Vijaya Bank, Dena Bank & Bank of Baroda announced In October, the government set up an alternative mechanism comprising Jaitley, defence minister Nirmala Sitharaman and railways and coal minister Piyush Goyal , as an approval framework for proposals to merge state-run banks. He also stated that the proposed merger will have no negative impact on the employees as well as the customers of the respective banks. "There are also a number of legal s... [Full Article...]

New US trade action "poisons" atmosphere, won't work on China - regulator

Trump also warned that if China takes retaliatory action against United States farmers or industries, "we will immediately pursue phase three, which is tariffs on approximately $267bn of additional imports". "We have no problem with China trying to grow its economy, trying to lift its people out of poverty, that's a good thing". In the first two rounds of tariffs, the Trump administration to... [Full Article...]

China will hit back at any new United States tariffs: ministry

If true, the news should ease the minds of tech companies, who have been anxious about getting caught in the crossfire between the Trump administration and the war on Chinese-made imports. By expanding the list to US$200 billion (NZ$304 billion) of Chinese imports, Trump risks spreading the pain to ordinary households. The company's sprawling production chain is centred in China. [Full Article...]

Diver Behind Thai Soccer Team Rescue Sues Elon Musk Over Pedophile Remark

Elon Musk , Tesla Motors chairman and CEO, has promised that by the end of the year, the electric carmaker will turn an annual profit for the first time in its 15-year history. Musk admitted problems in Twitter response to a customer complaint on a delivery delay. The suit, which blasts the "unlawful, unsupportable, and reprehensive acccusations" by Musk that Unsworth "is a pedophile and child ... [Full Article...]

Coca-Cola In 'Serious Talks' About Infusing Marijuana Into Beverages

Coca-Cola In 'Serious Talks' About Infusing Marijuana Into Beverages CBD, which does not produce a high for the user, has been used for medical purposes, including easing inflammation, pain and nausea. It is the non-psychoactive chemical component of marijuana used for medicinal objective which doesn't produce the high that usually comes from tetrahydrocannabinol (THC). [Full Article...]


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