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Wall Street continues dive, setting up ASX for sharp losses

Wall Street continues dive, setting up ASX for sharp losses

Nokia, a big supplier of telecom networks, fell 4 percent, and Ericsson lost 3.5 percent. A steep loss for Boeing, a major exporter which would stand to suffer greatly in a protracted trade war, weighed heavily on the Dow. The S&P 500 fell 45 points, or 1.7 percent, to 2,644. "Armenpress" reports the value of Dow Jones down by 1.56% to 25017.44 points, S&P 500 down by 1.66% to 2690.73 points, Nasdaq down by 3.03% to 7028.48 points. Consulte Mais Informação

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Millions expected to travel during Thanksgiving holiday rush

Millions expected to travel during Thanksgiving holiday rush

Travelers check in for flights at John F. Kennedy International Airport, Wednesday, Nov. 21, 2018, in NY. Over four million will fly and over one million will travel by other modes of transportation like bus and train. If you are loading up the auto, catching a plane or getting to your location by other means you are among the over 50 million Americans expected to travel to their holiday destinations. Consulte Mais Informação

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Spain threatens Brexit veto as May makes final push

Spain threatens Brexit veto as May makes final push

In the British Parliament on Wednesday, May told skeptics that failure to pass the draft deal would risk "more uncertainty, more division or it could risk no Brexit at all". The withdrawal agreement sets out plans for a 21-month transition after Brexit, in which Britain and the European Union want to turn their outline agreement on the future relationship into a full trade deal. Consulte Mais Informação

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North Shore leaders react to new ride-hailing legislation timeline

North Shore leaders react to new ride-hailing legislation timeline

Companies like Uber may now apply to the PTB for approval on B.C. roads, however, without any corresponding insurance products for these services the regulator would no doubt deny the applications. Vancouver is now one of Canada's largest cities that doesn't have any legal ride-sharing options. Michael van Hemmen, Uber's general manager of cities for Western Canada, said he has no idea why the province decided to make a Class 4 licence a requirement for ride-hailing drivers, particularly ... Consulte Mais Informação

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IKEA to lay off 7,500 employees

IKEA to lay off 7,500 employees

Around 14 shops closed every day in the first six months of the year, according to the most recent figures available from accountancy firm PwC . "As soon as we know which employees will be affected we will, in accordance with our values and together with the union, support each individual as much as we can in the hope to find the best possible solution for the next step, inside or outside Ikea ", said Karin Bergman, head of HR for Ikea Sweden. Consulte Mais Informação

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Renault names Thierry Bollore interim head after Ghosn's arrest

Renault names Thierry Bollore interim head after Ghosn's arrest

Renault's board of directors announced late Tuesday that the No. 2 at the company, Thierry Bollore, would temporarily fill in for Ghosn. Renault's directors asked Nissan on "principles of transparency, trust and mutual respect set forth in the Alliance Charter" to provide "all information in their possession arising from the internal investigations related to Mr. Consulte Mais Informação

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Cook Defends Apple’s Billion Dollar Deal With Google

Cook Defends Apple’s Billion Dollar Deal With Google

In an interview with Axios on HBO on Sunday night, Cook defended Apple's billion-dollar deal with Google that keeps Google Search a default search platform on its devices. "It's not a ideal thing, but it goes a long way in helping", Cool told the Axios technology correspondent. Last month, Cook called on the U.S.to enhance federal privacy protections , slamming any company that would oppose doing so. Consulte Mais Informação

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Recreational Pot Shops Now Open For Business In Massachusetts

Recreational Pot Shops Now Open For Business In Massachusetts

Northampton Mayor David Narkewicz made the first purchase - a chocolate bar infused with 50 milligrams of THC - at the city's New England Treatment Access facility. "The Maine Department of Public Safety neither promulgates nor administers any rules applicable to either medicinal or recreational use of marijuana", Maine State Police attorney Christopher Parr said. Consulte Mais Informação

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Goldman Sachs Slashes Apple Stock-Price Target For Third Time This Month

Goldman Sachs Slashes Apple Stock-Price Target For Third Time This Month

All that said, it likely wouldn't affect Apple too much. Trading volumes were thin in a holiday-shortened week ahead of Thanksgiving on Thursday and a shorter session on Friday which brings a slight volatility to markets, traders said. The Philadelphia SE Semiconductor index dropped 1.1 per cent, extending losses from the previous session after an underwhelming forecast from Nvidia Corp weighed on the sector. Consulte Mais Informação

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Pence vows no end to tariffs until China bows

Pence vows no end to tariffs until China bows

During the summit, the USA said it would join Australia in developing a naval base in Papua New Guinea (PNG), in an apparent move to curb China's growing influence. Xi urged the world to "say no to protectionism and unilateralism", warning it was a " short-sighted approach" that was " doomed to failure ". Prior to the meeting, Duterte in a chance interview with reporters, urged the USA and other countries to stop provoking China with military activities. Consulte Mais Informação

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