Business

Uber denied new London operating licence

It cited instances in which Uber failed to report serious criminal offences as well as its penchant to deceive regulators in its decision to not renew its license when it expires on September 30. Police in London accused Uber last month of not reporting a sexual assault by a driver on a passenger, allowing the driver to strike again. TfL has concluded that Uber's conduct is not fit and proper to hold a private hire operator license .

Amazon Great Indian Festival kickstarts with discounts on iPhone 7 and more

Since India is one of our key markets, we had to ensure that our devices are available for everyone and our associations with Amazon and Flipkart will help us achieve our goal. HP's 15.6-inches laptop is being offered at a discount of 22% at Rs 27,990. 20th to 24th Sep SALE: TV and Appliances, Fashion (clothing and footwear), and Furniture.

Airlines Cancel NZ Flights, Ration Fuel After Pipeline Leak

Around 2,000 Air New Zealand passengers will be affected by flight cancellations on Monday, the airline predicted. Meanwhile, the Board of Airline Representatives of Australia (BARA) noted the reliance on a single supplier of fuel at key global airports was also an issue on this side of the Tasman, such as the shortages at Melbourne Tullamarine in 2015.

Day takes a baby step with a big round at BMW Championship

The Victorian-born World No. 22 remained in command atop of the board for a third day running in managing five birdies including an important "4" at the last and dropping just two shots on the Conway Farms course . "And last week I showed that a couple of shots going in the back nine is not enough". "One of those eagles was a chip-in from 30 feet from beyond the green at the par-five 14th".

Equifax identifies flaw hackers exploited in breach

The organization says it has been trying since the first reports of the Equifax breach surfaced to determine if it affects any of the approximately 10,000 CAA members who signed up for the program. But a delay of several months to remove a high-priority vulnerability is generally considered a unsafe security practice. More recently, Equifax's cybersecurity has come under fire.

Air Berlin flights hit by 'ill' pilots

The German airline Air Berlin canceled more than 110 flights on Tuesday because of a high number of sick leaves. Chief executive Thomas Winkelmann said employees were "playing with fire" with their apparent protest action, which comes ahead of a Friday deadline for interested bidders to submit offers to take over parts of Germany's second-largest airline.

Volkswagen revs up electric shift with $24 billion, 300-car onslaught

Prior to the start of the Frankfurt show, Volkswagen chairman Dr Herbert Diess told the press , "The Volkswagen brand will be investing 6 billion Euros in electric mobility over the next five years". The world is shifting toward electric vehicles, but it's proving to be a gradual process. The VW Group includes Volkswagen, Audi, Porsche, Skoda, Seat, Bentley and Bugatti.

Prime real estate: Amazon opens search for 2nd headquarters

Leaders from cities across the USA are vying for a chance to reap in the lucrative bid, and Tulsa has already proclaimed interest to bid for Amazon's new headquarters. "We expect HQ2 to be a full equal to our Seattle headquarters", Jeff Bezos , founder and chief executive of Amazon, said in a statement . It clearly has "metropolitan areas with more than 1 million people" and "urban or suburban locations with the potential to attract and retain strong technical talent", as proven by the ...

World's 5 major rising economies support Iran deal

The next deadline is October, and U.S. President Donald Trump has said he thinks by then the United States will find Iran out of compliance. Ms. Haley's comments came on a day when Mr. "Congress could debate whether the nuclear deal is in fact too big to fail", Haley asserted. Haley argued that judging Iran's nuclear intentions purely on the basis of its compliance with the "flawed" JCPOA was "dangerous and short-sighted".

Missing Temple Student Found Dead; Fmr. Student Charged With Murder

Huppereterz is reported to have told detectives that he was so drunk on the night in question that he did not remember who he left the bar with. Later that day, Burleigh's father reported his daughter missing, launching a missing-persons investigation by local and campus police.

UK, Japan to hike pace of sanctions against N Korea: May

Talks over the course of the day focused on North Korea , which on Tuesday fired a missile over Japan, but Brexit was also touched upon. Britain stands "shoulder to shoulder" with Japan in the face of the increased threat from North Korea, Theresa May has said.

Samsung scion sentenced to 5 years in slammer

Song Wu-cheol, one of Lee's defence lawyers, described the verdict as "unacceptable" and said that the lower court ruling would be appealed. The corruption scandal has also resulted in the conviction of another close associate of Park's, Choi Soon-sil, who was sentenced to three years in jail in June.

Amazon plans big price cuts at Whole Foods Markets

What that means, is, when the work is done, Prime members who visit Whole Foods in-store will receive even more special savings. The targeted products include select bananas, organic Gala and Fuji apples, organic rotisserie chicken , responsibly farmed salmon, organic brown eggs, ground beef, almond butter and 365 Everyday Value organic butter .

'Heated rhetoric' expected during NAFTA talks, Canadian officials say

Mexican and Canadian leaders have framed their aims as "modernizing" NAFTA to better reflect how trade works now, including adding guidelines for e-commerce. The Honourary Chairperson of the Council, Maude Barlow, recently said in a press release, "If (Canada's) government is truly concerned about the environment, labour and public protection, it should look at the glaring problem: Chapter 11, which has made Canada vulnerable to billions of dollars of corporate lawsuits over our ...

Railway Minister offers to quit, Board Chairman replaced

Mr Lohani, 58, belongs to the 1980 batch of the Indian Railways Service Mechanical Engineers. His resignation was tendered to Railways Minister Suresh Prabhu . Prabhu met the prime minister after a meeting of the Cabinet today and left the city soon after, his staff told PTI . It was because of his initiatives that the Fairy Queen, the world's oldest steam engine, was run on Indian tracks, setting the Guinness world record in 1998.

Dwyane Wade to Cavaliers after Bulls buyout?

The deadline for players to be playoff-eligible with a new team is March 1, and it's expected that a buyout will take place between the Bulls and Wade prior to then - if not well before. If there's one thing Miami fans have learned over the past few years, it's that no National Basketball Association offseason would be complete without a conspiracy theory involving a prominent player linked to the Heat.

Khairy regrets mistake over Indonesian flag

President Joko "Jokowi" Widodo also called for an apology but cautioned against exaggerating the incident. Indonesia's Olympic committee chief Erick Thohir earlier criticised Malaysia's "negligence". The hashtag #ShameOnYouMalaysia was trending on Twitter today as Indonesians vented their anger over their flag being printed upside-down in the souvenir programme distributed to VIPs during the opening of the SEA Games yesterday.

French group Total buys Maersk Oil in $7.5 billion deal

The transaction is expected to close in first quarter 2018 and has an effective date of 1st July 2017. Alongside Maersk Oil's UK North Sea assets, Total will also take over its Danish and Norwegian... Pierre-Louis Brenac, Middle East managing partner of consultancy Sia Partners, said that the deal seemed to be a flawless match to generate savings.

NGAM Advisors LP Sells 54429 Shares of Foot Locker, Inc. (FL)

The stock now has an average rating of "Hold" and an average target price of $72.17. Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. $1.94 million worth of stock was sold by PETERS LAUREN B on Wednesday, March 8. Foot Locker's dividend payout ratio is now 25.36%. A rating of 4 or 5 would represent a Sell recommendation.

Sensex, Nifty extend gain for 3rd day; GMR Infra, Infosys jump

Infosys closed higher by 4.83% at Rs 1,022.30 per share . Major gainers in the 30-share index were Infosys (3.21%), Reliance Industries (1.58%), Dr Reddy'S Laboratories (0.84%), Tata Steel (0.83%), GAIL (India) (0.77%), and Bharti Airtel (0.75%).

Americans splash the cash in July as retail sales rise

Retail sales in many earlier months of the year were lackluster. Helping to push the June level higher was a 1.2% increase in auto sales from the month before, its biggest increase since December. In response, the dollar hit a near three-week high against a basket of major currencies. The nation's gross domestic product (GDP) increased at an annual rate of 2.6% in the second quarter, up from the 1.2% pace in the first quarter of the year.

Target Acquires Company To Help Them Make Same-Day Deliveries

Target said on Monday that it plans to bring the same-day delivery pilot to a few more NY stores this fall. It said the company will become a part of the company's technology unit and said Grand Junction will stop working with other retailers when those contracts end.

India's International Olympic Committee buys first USA sweet crude for end-October delivery

September West Texas Intermediate crude oil CLU7, +0.34% fell 4 cents, or less than 0.1%, to settle at $47.55 a barrel on the New York Mercantile Exchange-off the day's low of $47.02. On the balance situation, a survey of analysts from S&P Global Platts revealed expectations of a 3.6 million drop in USA crude oil inventories and a 400,000 barrel decline for gasoline .

Sharad Yadav may leave JD-U if he wants: Paswan

Summary: Amid signs of an "imminent and conclusive" action against Sharad Yadav for "crossing the party line", his supporters are mulling a plan to present their group before the Election Commission as the "real" JD (U), claiming support of 14 state units.

BC government to fight Kinder Morgan's Trans Mountain expansion

At the time, Premier John Horgan suggested there were ways to halt the pipeline, including First Nations lawsuits. Not all First Nations in B.C. are opposed to the project. Thomas Berger has been hired as an external lawyer for matters relating to the pipeline, which was green-lighted by the previous BC Liberal government in January and federal government last November .

China and ASEAN to maintain stability in South China Sea

Likewise, the ASEAN foreign ministers emphasized the importance of non-militarization and self-restraint in the conduct of all activities by claimants and all other states, including those mentioned in the Declaration of Conduct in the South China Sea that they said could further complicate the situation and escalate tensions in the region.

U.S. created 209000 jobs in July, vs 183000 jobs expected

The number of people overall in the workforce increased by 400. Alberta lost 14,000 jobs and saw its unemployment rate rise from 7.4 per cent in June to 7.8 per cent in July. In June, there were 6,977,000 who were unemployed and in July that number grew to 6,981,000. Trump has pledged to sharply boost economic growth and further strengthen the labor market by slashing taxes, cutting regulation and boosting infrastructure spending.

Toyota, Mazda plan electric partnership

It is due to begin operations by 2021. The factory will be used to build Toyota Corollas , and as yet un-named Mazda SUV crossover vehicle. Also, they have extended their dominance in Japan's auto sector, while, Mazda will take a 0.25% share of its larger rival, Toyota .

Should Analyst help in decision?: Tesla, Inc. (TSLA)

The electric vehicle maker has cautioned that its rollout of the Model 3, its first attempt at a mass-market auto, would face challenges. The company said it is actually seeing an increase in orders for its luxury Model S vehicles, despite the launch of a cheaper model.

Carney keeps the pound pressured

The Bank's inflation report said it expected economic growth of 1.7 per cent in 2017 and 1.6 per cent in 2018, down from the 1.9 per cent and 1.7 per cent in previous forecasts. For the pound , it's going to boil down to how things unfold in today's MPC meeting and Carney's comments in this morning's press conference, while the Dollar Bulls will be looking ahead to tomorrow's nonfarm payroll and wage growth figures, the Euro on track to hit $1.20 levels in August and sooner rather than ...