U.S. President Barack Obama made an impassioned call to limit gun violence in front of an audience of gun control activists and survivors of gun violence on Tuesday, making special mention of so-called “smart technology” for gun safety. “We know we can’t stop every act of violence, every act of evil in the world. But […]
LONDON/FRANKFURT, Jan 7 (Reuters) – Reinsurance rates in the marine sector continued to fall at the start of the year, in spite of the huge cost of explosions at China’s Tianjin port last August, reinsurance broker Guy Carpenter said on Thursday. read more >>> Source : Reuters
Macy’s is slashing jobs, a harbinger of hard times for retailers after a holiday season that saw a noticeable shift to online shopping and away from physical stores. The nation’s largest department store chain, which also operates Bloomingdale’s, said late Wednesday it is cutting up to 4,800 jobs and trimming its profit outlook after a […]
TEL AVIV (Reuters) – Business intelligence software provider Sisense said on Thursday it raised $50 million in an investment round led by Bessemer Venture Partners. read more >>> Source : Reuters
The Federal Reserve might need to raise interest rates more than four times this year if oil prices stabilize, a Fed policymaker said on Thursday. read more >>> Source : CNBC.Com
The Netherlands says it will not make tech firms share encrypted data with security agencies read more >>> Source : BBC
The top 400 paid an effective tax rate of 22.89 percent of adjusted gross income in 2013, the highest level since 1997. read more >>> Source : CNBC.Com
Stock futures tunneled into deep losses ahead of Thursday’s open, as instability in China’s markets sent a shudder through global investor confidence for a second time this week. The stock market today again took significant cues from China, where markets opened in a sell-off after a sharp devaluation in the yuan spooked investors. The CSI […]
Richard Perry, Market Analyst for Hantec Markets, joined Nick Batsford on the Tip TV Finance Show to discuss the outlooks for both EUR/USD and EUR/GBP, as well as a view on gold and a prediction for oil. Topics Covered: EUR/USD, EUR/GBP, US NFP, Gold, Oil read more >>> Source : ForexCrunch.Com
BERLIN, Jan 7 (Reuters) – Chancellor Angela Merkel pressed the German authorities on Thursday to get to the bottom of what happened in attacks on women at New Year celebrations in the city of Cologne that have shocked the country. read more >>> Source : Reuters
NEW YORK, Jan 7 (Reuters) – The dollar held earlier losses against a basket of currencies on Thursday after first-time filings for U.S. jobless benefits last week fell from a five-month high though… read more >>> Source : Reuters
Privacy and security of IoT in the spotlight in £23m project. read more >>> Source : ZDNet.Com
Extending losses for the second straight day, the rupee declined by 11 paise to close at more than 3-week low of 66.93 against the US dollar on persistent demand. read more >>> Source : EconomicTimes.IndiaTimes.Com
The Bank of Canada says overcoming the economic suffering inflicted by the commodity-price shock essentially boils down to one main option: ride it out. read more >>> Source : CTVNews.Ca
Bank of Canada governor Stephen Poloz says he won’t try to match recent interest rate increases in the U.S., and will instead set monetary policy in Canada with the goal of controlling inflation. read more >>> Source : CBC.Ca
All eyes are on China to help lift “The Force Awakens” after Disney announced that it had become the U.S.’ highest grossing film ever. read more >>> Source : CNBC.Com
DRIVERS are hoping for another bumper drop in fuel costs as oil prices today slid to their lowest level since 2002. read more >>> Source : The Daily Express
Uber is softening the blow of China’s market turmoil by offering discounts to users, just hours after trading was suspended. read more >>> Source : CNBC.Com
The way that people have been accessing their pension freedoms is “a cause for concern”, retirement experts have said. read more >>> Source : BBC
China stopped trading on its stock market Thursday for the second time this week as share prices plunged and the value of the Chinese currency continued to depreciate. Analysts say the situation in both markets could worsen in the coming days. Chinese stocks tumbled 7 percent, prompting the regulator to shut down the market to […]
A focus on Asia, and specifically China and the Renminbi were brought to us by Jane Foley, Senior FX Strategist at Rabobank when she joined Nick Batsford and Bill Hubard. Topics Covered: China, Renminbi, Forex, Japan, 2016 Outlook read more >>> Source : ForexCrunch.Com
The price of oil is still nosediving. After hitting 11-year lows on Wednesday, prices of both UK Brent and US crude tanked to 14-year lows on Thursday. Brent was down 4.15% at $32.89 (£22.49) at 7 a.m. GMT (2 a.m. ET), and US crude was down 3.84% at $32.66 (£22.33). Both reached levels not seen […]
BENGHAZI, Libya, Jan 7 (Reuters) – Fires have spread to seven oil tanks at Libya’s ports of Ras Lanuf and Es Sider following attacks this week by Islamic State militants, a Petroleum Facilities Guards (PFG) spokesman said on Thursday. read more >>> Source : Reuters
Justin Goromaru’s phone is stolen. But no worries — he has insurance. Oh wait, no he doesn’t. Is he out of luck? Question: I recently upgraded my phone with AT&T. When I did, they they offered me insurance through a company called Asurion. I told the representative that I had two insurance claims on my […]
California declared a state of emergency over a natural-gas leak that has been spewing methane and other gases into a Los Angeles neighborhood. read more >>> Source : CNBC.Com
The recent arrests in Utah of three people accused of stealing thousands of dollars’ worth of baby formula is the latest example of a problem that officials say is vexing stores and police nationwide as thieves systematically swipe the mixture from shelves and resell it to unsuspecting parents. read more >>> Source : CTVNews.Ca
Microsoft reveals details about the usage data it is tracking via its new operating system, Windows 10. read more >>> Source : BBC
Have you considered working remotely? This may be a compromise your boss can live with read more >>> Source : ZDNet.Com
* StanChart has asked China to shorten suspension -source (Adds DBS) read more >>> Source : Reuters
Sports car maker McLaren Automotive announces it will create 250 new jobs following a “record year”. read more >>> Source : BBC
If you’re protecting important personal accounts with nothing more than a few security questions, it may be time for an upgrade. A study from Google recently compared the use of security questions to other account recovery methods like SMS (short text messages) and an alternative email address. It found that true or made-up responses to […]
BERLIN, Jan 7 (Reuters) – An American violinist who left her $2.6 million 1727 Stradivarius in the luggage rack on a regional train in western Germany was “more than relieved”, police said, when officers retrieved it one minute before it left the station. read more >>> Source : Reuters
At Business Insider’s 2015 IGNITION conference, CNBC’s Jim Cramer shared how he recovered from a major setback on national television with Jon Stewart. Produced by Alex Kuzoian Follow BI Video: On Facebook Join the conversation about this story » read more >>> Source : BusinessInsider.Com
Rotana is soft opening City Centre Rotana Doha – Qatar, the city’s newest five-star hotel. Developed by Al Rayyan Tourism Investment Company, the City Centre Rotana Doha is located in the West Bay area. This 52-storey tower features 287 luxurious modern rooms and suites and 94 serviced apartments. read more >>> Source : BreakingTravelNews.Com
Google releases a statement after one of its online tools translated “Russian Federation” to “Mordor”. read more >>> Source : BBC
Chinese drone maker Ehang Inc. on Wednesday unveiled what it calls the world’s first drone capable of carrying a human passenger. read more >>> Source : CNBC.Com
Rocco Forte Hotels has launched a new brand wide spa proposition, Rocco Forte Spas. The new offering is born from the desire to find wellbeing in all the environments that surround us, not only creating an unforgettable experience during a stay at Rocco Forte properties, but also creating new habits that can be continued at […]
Iran has said that Saudi Arabia has bombarded the Iranian embassy in Yemen. The mood in markets is becoming worse, but oil has a reason for rising. read more >>> Source : ForexCrunch.Com
THE boss of Marks & Spencer has stepped down after the retailer’s clothing sales plunged over the crucial Christmas period. read more >>> Source : The Daily Express
BlackBerry showed off its latest technology at CES which demonstrated how cars can communicate with each other. read more >>> Source : CNBC.Com
The state of Spain’s labour market has been one of the biggest stories in the Eurozone over the last few years. Basically, it’s a total disaster. At the peak of the country’s unemployment crisis in mid-2013, more than 26% of adults in the labour market were out of work, and youth unemployment stood at an […]
ISTANBUL (Reuters) – Micro-blogging site Twitter filed a lawsuit in an Ankara court on Thursday, seeking to annul a fine by the Turkish authorities for not removing content Turkey says is “terrorist propaganda”, a source familiar with the matter told Reuters. read more >>> Source : Reuters
Global shares tumbled for a sixth day on Thursday and oil prices slid to levels not seen since the early 2000s, after China guided the yuan lower and Shanghai shares tumbled by seven per cent, igniting fears of competitive devaluations across Asia. read more >>> Source : CBC.Ca
MOSCOW, Jan 7 (Reuters) – A group of Russian activists said on Thursday they had evidence that Russian aircraft deployed in Syria were armed with cluster bombs, challenging official denials. read more >>> Source : Reuters
Internet media company Yahoo has faced years of falling sales – but can it turn its fortunes around? read more >>> Source : BBC