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Home2018October

Month: October 2018

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Business News

Tesla says orders placed by October 15 eligible for full tax credit

October 12, 2018 admin Comments Off on Tesla says orders placed by October 15 eligible for full tax credit

Electric carmaker Tesla Inc said http://bit.ly/2NCbs1r all orders for its vehicles placed by Oct. 15 are eligible for full federal tax credit of $7,500 and such customers will get their cars delivered by the end of the year.

…read more […]

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Business News

Canada’s Air Transat says airline deal with Thomas Cook could expand

October 12, 2018 admin Comments Off on Canada’s Air Transat says airline deal with Thomas Cook could expand

Canada’s Air Transat could expand a partnership deal with the airline arm of British tourism group Thomas Cook to include codesharing and interlining, the boss of the Canadian carrier said.

…read more […]

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Business News

Germany eyes tougher sanctions for rogue companies: justice minister

October 12, 2018 admin Comments Off on Germany eyes tougher sanctions for rogue companies: justice minister

The German government is considering tougher sanctions against companies that foster criminal behavior in the wake of Volkswagen’s diesel emissions scandal, the country’s justice minister said.

…read more […]

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Empty shelves, poor customer service speed Sears’ demise

October 12, 2018 admin Comments Off on Empty shelves, poor customer service speed Sears’ demise

Sandy Hetrick drove 15 miles from her home to a Sears in Media, Pennsylvania on Wednesday to buy folding chairs and clothes.

…read more […]

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Business News

Cokes, smokes and clicks: How Oxxo corner stores are cashing in on Mexican e-commerce

October 12, 2018 admin Comments Off on Cokes, smokes and clicks: How Oxxo corner stores are cashing in on Mexican e-commerce

Stroll the aisles of any Oxxo in Mexico and you will find the staples of convenience store sustenance: beer, cigarettes, enough candy to keep dentists at full employment.

…read more […]

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Business News

Tencent Music delays $2 billion U.S. IPO due to weak markets: sources

October 12, 2018 admin Comments Off on Tencent Music delays $2 billion U.S. IPO due to weak markets: sources

Tencent Music Entertainment has delayed its planned U.S. initial public offering (IPO) until at least November as the owner of China’s most popular music apps prefers to wait for global stock markets to stabilize, three sources said.

…read more […]

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Asia shares bounce after rout, but sentiment fragile

October 12, 2018 admin Comments Off on Asia shares bounce after rout, but sentiment fragile

Asian shares found a slightly firmer footing on Friday to set course for their first gains in two weeks, but the rout continued in Shanghai where shares hit lows last seen in 2014.

…read more […]

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Oil prices rise, but still set for weekly fall amid equities rout

October 12, 2018 admin Comments Off on Oil prices rise, but still set for weekly fall amid equities rout

Oil prices rose on Friday slightly reversing two days of declines in the previous sessions driven by sharp falls in equity markets and indications that supply concerns have been overblown, but were still on track for a weekly fall.

…read more […]

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Australia’s ANZ fired senior executives due to bad banking behavior: CEO

October 12, 2018 admin Comments Off on Australia’s ANZ fired senior executives due to bad banking behavior: CEO

Australia and New Zealand Banking Group fired over 200 staff for wrongdoing, including senior executives, due in part to issues raised at a public inquiry into financial sector misconduct, ANZ Chief Executive Shayne Elliott said on Friday.

…read more […]

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Australia’s ANZ fired 200 staff due to bad banking behavior: CEO

October 12, 2018 admin Comments Off on Australia’s ANZ fired 200 staff due to bad banking behavior: CEO

Australia and New Zealand Banking Group fired over 200 staff for wrongdoing, including senior executives, due in part to issues raised at a public inquiry into financial sector misconduct, ANZ Chief Executive Shayne Elliott said on Friday.

…read more […]

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Oil prices hold ground, but set for 4 percent weekly fall

October 12, 2018 admin Comments Off on Oil prices hold ground, but set for 4 percent weekly fall

Oil prices steadied on Friday after a market rout driven by sharp falls in equity markets and indications that supply concerns have been overblown, but were still on track for a fall or more than 4 percent for the week.

…read more […]

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Asian shares on edge after nine-day rout, mood shaky as volatility spikes

October 12, 2018 admin Comments Off on Asian shares on edge after nine-day rout, mood shaky as volatility spikes

Asian shares appeared tentative on Friday, holding steady after a nine-day losing streak, but sentiment was frail after Wall Street shares crumbled and expectations of market volatility shot up to an eight-month high.

…read more […]

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Business News

Machines take the blame as U.S. stock market sells off

October 12, 2018 admin Comments Off on Machines take the blame as U.S. stock market sells off

Investors searching for perpetrators and victims in this week’s U.S. stock market selloff pointed to a familiar source: number-crunching fund managers and machines.

…read more […]

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U.S. Justice official says lawyer vowed ‘personal attacks’ over AT&T deal

October 12, 2018 admin Comments Off on U.S. Justice official says lawyer vowed ‘personal attacks’ over AT&T deal

The U.S. Justice Department’s top antitrust lawyer said Time Warner’s general counsel threatened to “employ personal attacks” if the agency tried to block the company’s $85.4 billion merger with AT&T Inc , according to a court filing made public on Thursday.

…read more […]

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Mexico to protect steel exporters from Canadian measures: statement

October 12, 2018 admin Comments Off on Mexico to protect steel exporters from Canadian measures: statement

Mexico laments trade protections announced earlier in the day by Canada covering some steel products and will take action to protect its own exporters in the short term, according to a statement from Mexico’s economy ministry on Thursday.

…read more […]

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