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Economy

Prince Charles used a ideal choice of words to dispel an ongoing toilet-related rumour. It will be the final day the prince and duchess are together, with Camilla set to attend events in Brisbane on Friday before flying home, while Charles will fly to Bundaberg and then on the Vanuatu, Cairns and Darwin.
  • United Kingdom manufacturing growth cools to one-year low in Q1 -PMI

    United Kingdom manufacturing growth cools to one-year low in Q1 -PMI

    Economy

    Monday's headline number was below the Investing.com forecast of 55.7. A reading over 50.0 points shows economic expansion, while a reading below would signify a contraction. and China ". Where input costs increased, this was linked to higher market prices. Given the current market environment, it would appear that the coming March US Nonfarm Payrolls report (and knock-on effects to Fed funds rate pricing) would not be the catalyst to drive such price action; instead, a further tightening ...
  • White House: No DACA Deal Unless Congress Closes Immigration Loopholes

    White House: No DACA Deal Unless Congress Closes Immigration Loopholes

    Economy

    Trump says NAFTA is bad for the U.S. President TrumpDonald John TrumpNew York Magazine cover depicts Trump as a pig GOP lawmaker: Republicans "would be well advised to get ready" for Dem wave in midterms Tech giants brace for sweeping European Union privacy law MORE on Monday called the USA illegal immigration processing and deportation system "a whole big wasted procedure" in a pair of tweets demanding that Congress act.
  • Trump has invited Putin to visit

    Trump has invited Putin to visit

    Economy

    With the first lady and a bespectacled Easter Bunny at his side, the president raved about the "perfect weather" and touted the USA economy and military, calling this a "special year". Trump directly. Trump extended that olive branch during last month's controversial call in which he also congratulated Putin - despite his advisers' reported warnings - on winning re-election.
  • North Korean leader attends concert by South Korean pop stars

    North Korean leader attends concert by South Korean pop stars

    Economy

    South Korean media say North Korean leader Kim Jong Un has watched a rare performance by South Korean pop stars visiting Pyongyang. Joy, member of K-pop girl group Red Velvet , got a lot of hate online after it was announced that she would not be joining her group to perform in North Korea because of schedule conflict with her drama as the South Korean art troupe delegation departed from Seoul for Pyongyang, North Korea on Saturday morning aboard a direct flight.
  • Trade on agenda of Tokyo talks

    Trade on agenda of Tokyo talks

    Economy

    India and Japan will discuss cooperation in the Indo-Pacific in the first high-level meeting since the Quadrilateral and iron out growing worries over bilateral trade as External Affairs Minister Sushma Swaraj meets Japanese Foreign Minister Taro Kono in Tokyo on Thursday.
  • Arizona suspends Uber's self-driving tests

    Arizona suspends Uber's self-driving tests

    Economy

    Dashcam footage of the first fatal self-driving auto crash involving a pedestrian shows the Uber vehicle operator appearing to be distracted, then gasping in horror seconds before the impact. "From what I see in the video it sure looks like the vehicle is at fault, not the pedestrian". Companies don't want to test vehicles in states without laws that recognize self-driving cars.
  • Dropbox goes public and prices its IPO at $21 per share

    Dropbox goes public and prices its IPO at $21 per share

    Economy

    At its current share price, Dropbox is now a publicly traded behemoth with a market capitalization of $9.1 billion . The solid first-day pop in the stock stood in contrast to weakness in the wider USA stock market. It has an attractive story to justify its need for financing and the market dynamics are good. Dropbox has also had more time to adjust to life in the spotlight.
  • United Airlines Bumps Woman From Flight, Gives Her $10000 Travel Credit

    United Airlines Bumps Woman From Flight, Gives Her $10000 Travel Credit

    Economy

    Unfortunately for Preiss, she was the one removed from the flight. The airline's policy changed to allow that amount to be offered after David Dao was dragged off a United flight past year and ended up bloody and injured. Instead, they offered her a huge sum of $10,000 worth of travel credit for her troubles. She also allegedly received two $10 meal vouchers, but was unable to land access to the airline's lounge.
  • Nissan promises 8 new EVs and 1m yearly sales by 2022

    Nissan promises 8 new EVs and 1m yearly sales by 2022

    Economy

    In order to reach that electrification goal, Nissan will rollout several new hybrid and pure-electric vehicles. Last year, Nissan introduced a revamped version of its Leaf electric vehicle that cost almost $29,000 and can travel about 150 miles on a single charge.
  • Tesla shareholders just handed Elon Musk an eye-popping pay package

    Tesla shareholders just handed Elon Musk an eye-popping pay package

    Economy

    However, Reuters reported that a Tesla spokesperson confirmed a majority of shareholders had voted for the measure at the company's meeting in Fremont, California. A lower figure would likely lead Tesla to review its communications with shareholders, he added. Ahead of the vote tally, compensation consultant Brent Longnecker said any result above 70 percent would prompt Tesla to "breathe a sigh of relief".
  • Crude Oil In Rally Mode After Inventories Surprise

    Crude Oil In Rally Mode After Inventories Surprise

    Economy

    West Texas Intermediate for April delivery, which expires on Tuesday, climbed as much as 25 cents to $62.31 a barrel on the New York Mercantile Exchange and traded at $62.26 by 1:47 pm in Tokyo. Brent is the benchmark for several Middle East and other global crudes. Nationwide crude inventories are at their highest since December and probably added 3.4 million barrels last week, according to a Bloomberg survey before the Energy Information Administration data due on Wednesday.
  • U.S. stocks rebound, Facebook continues to tumble

    U.S. stocks rebound, Facebook continues to tumble

    Economy

    The Federal Reserve is expected to raise USA rates for the first time this year after a two-day policy meeting, but investors are on edge over the kind of monetary policy regime new Federal Reserve Chair Jerome Powell will pursue. Bank Wealth Management in Minneapolis. "So far, we have seen low-level (trade) skirmishes, which are not material enough to affect the world economy".
  • ATF, FBI agents from Denver in Austin for serial bomber investigation

    ATF, FBI agents from Denver in Austin for serial bomber investigation

    Economy

    Police issued a "safety alert" in the wake of the bombing , urging people located within a half-mile radius of where the incident occurred to stay indoors until 10 a.m. One man was riding his bike and the other was walking on the sidewalk when they tripped the wire. Authorities are investigating after a reported explosion in Austin injured one person.
  • United suspends its pet shipping program after high-profile mishaps

    United suspends its pet shipping program after high-profile mishaps

    Economy

    The first involved a small French bulldog that had been placed-in its approved on-board pet carrier-in an overhead bin at the insistence of a flight attendant, only to be found dead when the flight landed at New York LaGuardia airport. "This suspension does not affect pets that travel with us in the aircraft's cabin", the statement read. United Airlines is pausing its pet-shipping business after mishaps that include the airline mistakenly sending a Kansas-bound dog to Japan .
  • South African Inflation Eases In February

    South African Inflation Eases In February

    Economy

    Cape Town - South Africa's headline consumer price inflation (CPI) eased to 4.0% in February, down from 4.4% in January 2018, according to official figures. The Office for National Statistics (ONS) will publish the latest pay growth figures tomorrow. Similarly, transport fell 0.5 of a percentage point in February from 0.6 though the index advanced 3.2 percent on a year-on-year basis.