Money

Nick Xenophon Admits He Could Be In Trouble Over Citizenship

Along with Mr Joyce and Senator Matt Canavan, she is the third Nationals MP to face a High Court battle over dual citizenship. Australian Prime Minister Malcolm Turnbull convened an urgent cabinet meeting just after 6pm, where it was decided, based on advice from the Solicitor-General, that Nash did not have to resign from either the Senate, or lose her cabinet spot as minister for rural health. Read More

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Bill Gates' $4.6B donation: How many mosquitoes can that kill?

Bill Gates' $4.6B donation: How many mosquitoes can that kill?

The shares were valued at $4.6 billion at that time, reports Bloomberg . And Gates' stake in Microsoft has now shrunk to just 1.3 percent, compared to 24 percent in 1996. Foundation officials did not respond to The Chronicle's requests to confirm where the shares were going. According to Bloomberg , Gates' latest donation is his largest gift of Microsoft shares since 2000, and represents a significant reduction of his stake in the company. Read More

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Toyota, Mazda to build $1.6 billion U.S. plant - but where?

Toyota, Mazda to build $1.6 billion U.S. plant - but where?

Meanwhile, Mazda now has no production facilities in the USA, but has previously operated factories in Kansas and MI, one of the Midwestern, rustbelt states Trump promised to return to prosperity during his presidential campaign. "NO WAY! Build plant in USA or pay big border tax", Trump tweeted at the time. Under the deal announced Friday , Toyota will take 5.05% stake in Mazda worth 50 billion yen ($454 million). Read More

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Higher dollar will weigh down growth: RBA

Higher dollar will weigh down growth: RBA

Higher commodity prices, weak United States dollar, and the lingering belief that RBA might turn hawkish with its policy, are what keeping the Aussie strong. The RBA said it expected annual gross domestic product of around 3% over the next couple of years. The Australian share market is expected to start the week higher, bouncing back from Friday's 1.4 per cent plunge on the back of concerns about the United States economy and the direction of U.S. Read More

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GM Canada sales up 22 pct in July, Fiat Chrysler slips

GM Canada sales up 22 pct in July, Fiat Chrysler slips

After an unprecedented seven years of growth, analysts are predicting lower USA sales this year. "Driven by our enormous success with our crossover portfolio, it is like we have sold an extra months' worth of retail sales so far this year", John Roth, vice president of sales, service and marketing at GM Canada said in a statement. Read More

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Iranians: US Navy ship fired warning flares in Persian Gulf

Iranians: US Navy ship fired warning flares in Persian Gulf

The USS Nimitz, accompanied by another USA ship, fired the shot Friday as a helicopter hovered over the Iranian ships near an Iranian offshore oil-drilling platform in the Persian Gulf, the report said . Iran and the USA frequently have run-ins in the Persian Gulf, almost all involving the Revolutionary Guard, a separate force from Iran's military that answers only to the country's supreme leader. Read More

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Tesla Model 3: Elon Musk's first bet on mass market cars

Tesla Model 3: Elon Musk's first bet on mass market cars

Much of that enthusiasm is tied to the potential of the Model 3 , which carries a price tag that allows it to compete directly with many traditional petrol- and diesel powered cars and sport utility vehicles . Tesla faces major hurdles living up to the Model 3 hype. The Model 3 will jump from 0 to 60 mph in 5.6 seconds, with a top speed of 130 miles per hour. Read More

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In cold blow to US, Japan ups tariffs on frozen beef imports

In cold blow to US, Japan ups tariffs on frozen beef imports

Vice President Mike Pence scheduled later this year. Tariffs on frozen beef from the affected regions will be raised from the current 38.5 percent to 50 percent from August 1, 2017 to March 31, 2018, according to the government. beef sales with the country. It is the first time in 14 years that Japan has taken the emergency measures on USA beef imports, a decision likely to irk Washington. Read More

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Twitter, Inc. Earnings: User Growth Slows

Twitter, Inc. Earnings: User Growth Slows

If we assume that all monthly active users became daily active users (a generous assumption), and Twitter generated $4.55 per user (reaching Facebook's abilities), Twitter would generate $1.5 billion in quarterly revenues. The company said it expected adjusted underlying earnings (EBITDA) will be between US$130mln and US$150mln in the third quarter. I have, in the past, generally been bearish on Twitter ( TWTR ) and bullish on Facebook (FB), with occasional shifts from those ... Read More

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Angry mob sets bank ablaze at Apapa

Angry mob sets bank ablaze at Apapa

The Sterling Bank building on Wharf Road was also set ablaze, leading to banks in the area shutting down and evacuating their staff. It was gathered that the trailer drivers had indiscriminately parked in front of the bank. It took the intervention of some soldiers deployed from the Signal Corps of the Nigerian Army (NA) to restore sanity to the area. This is even as irate truckers burnt Diamond bank and Sterling bank , both located at Creek road in the ensuing concussion. Read More

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David Gauke: raising state pension in line with longevity 'benefits everyone'

David Gauke: raising state pension in line with longevity 'benefits everyone'

A combination of increases in life expectancy , and the growing number of retirees relative to the working age population, means that individuals will have to save harder for their own retirement'. The median life expectancy for a male in the United Kingdom is 86, and 89 for a female. The Tories said they would replace it with a double lock in 2020, scrapping the 2.5 percent provision. Read More

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Which one is Kylie Jenner, and which one is her wax figure?

Which one is Kylie Jenner, and which one is her wax figure?

When the curtain came down revealing the waxwork after a countdown, Kylie admitted that she was taken aback by how it looked. Jenner's wax figure is valued at 350,000 dollars, according to a press release. Madame Tussauds' wax figure of Beyonce has fans baffled on many levels. The inspiration for the figure was Jenner's look from the Manus x Machina-themed Met Gala in 2016. Read More

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Happy National French Fry Day!

Happy National French Fry Day!

French fries might just be the flawless food, due to their customizability. Maybe you love just plain o' fries or do you love to add Chili and Cheese to them. You can get free fries (and a drink) at Arby's . Omaha Steaks: Visit any Omaha Steaks' location or order online to get a burger and an order of steak fries for only $2.99. Read More

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India Vs West Indies 2017 T20 Match Updates

India Vs West Indies 2017 T20 Match Updates

Gayle's appearance at his home ground of Sabina Park will be his first Twenty20 global appearance since last April's World T20 final victory over England, but the 37-year-old has revealed he has no plans to retire. "I gave them the captain's incentive, whoever goes and gets a fifty gets half my match fee". We talked about wrestling back the momentum. The crowds came out in big numbers and the smile on their faces does it for us. Read More

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The UK's construction output just fell by the most since 2012

The UK's construction output just fell by the most since 2012

The signs of continued weak growth came as businesses pressed British Prime Minister Theresa May and her government to negotiate a smooth Brexit in two years' time, saying an abrupt departure would deter investment. Financial markets suggested there was a roughly 1-in-3 chance of a rate hike this year, down from 1-in-2 a week ago. Output data shows declines of 0.1 per cent for industrial production month-on-month and 1.2 per cent for construction. Read More

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