The Chinese market is tanking. The CSI 300 stock market index crashed 7% before markets were halted for the day. That came after the Caixin-Markit manufacturing PMI unexpectedly fell to 48.2 in December from 48.6 in November. The official NBS manufacturing PMI stood at 49.7 in December. Any reading below 50 signals contraction. In a […]
General Motors Co. and ride-hailing company Lyft Inc. are forming an unprecedented partnership that could help them beat their rivals to the self-driving future. read more >>> Source : CTVNews.Ca
HP will start integrating privacy filters in laptop and tablet screens this year. read more >>> Source : PCAdvisor.Co.Uk
EUR/USD enjoyed the safe haven flows to move back up to higher ground, covering the losses it made on New Year’s Eve. But as more traders get back to their desks, it’s back to reality. German inflation numbers missed on all fronts: Year over year, prices rose by only 0.2% against 0.4% expected and 0.3% […]
Chinese stocks plummeted nearly 7 percent Monday – on the first day of trading for the new year in China – prompting a halt to trading for the day on the Shanghai and Shenzhen exchanges. European markets followed Asia’s lead, opening lower, with Germany’s DAX down more than four percent and the FTSE in London […]
Nuu Mobile is offering up two would-be contenders to the third-generation Moto G. But only one of them stands a chance. read more >>> Source : ZDNet.Com
The compensation of Canada’s highest-paid CEOs dipped two per cent from 2013 to 2014, but each still raked in an average of $8.96 million, according to a new study. read more >>> Source : CBC.Ca
The domestic currency resumed substantially lower at 66.25 compared to weekend’s close of 66.14 at the Interbank Foreign Exchange (forex) market on fresh bouts of dollar demand. read more >>> Source : EconomicTimes.IndiaTimes.Com
Good morning and Happy New Year. Stocks did very little on Friday ending the day and the year just a touch lower….I have to say that I was a bit disappointed that they couldn’t nudge it just to the unchanged mark vs. what they did by allowing the S&P to close off fractionally for the […]
SAN FRANCISCO (Reuters) – General Motors Inc and Lyft Inc Monday announced an alliance to develop an on-demand network of autonomous vehicles as well as a $500 million investment by the automaker as part of a $1 billion fund-raising round by the ride-sharing service. read more >>> Source : Reuters
THE CRUCIAL retail Christmas reporting period kicks off with updates from major high street giants this week. read more >>> Source : The Daily Express
* General Motors to invest $500 mln in ride-sharing service Lyft read more >>> Source : Reuters
A new low-power, long-range version of Wi-Fi that bolsters Internet of Things (IoT) connections will be dubbed Wi-Fi HaLow. read more >>> Source : PCAdvisor.Co.Uk
Last year saw the lowest financial costs from natural disasters worldwide since 2009 as the El Nino weather phenomenon reduced hurricane activity in the North Atlantic, a leading insurer said Monday. read more >>> Source : CTVNews.Ca
Smartwatches’ abilities to pay for our food and monitor our physical activities are only possible thanks to the myriad sensors packed into their tiny metal bodies. These sophisticated sensors are often trotted out as evidence that they’re the next big thing in mobile technology, but one unintended side effect of their sensitive internals could be […]
Alcatel One Touch has unveiled a new Windows 10 tablet and a kind of smartwatch for kids that can make calls and offers parents a GPS tracker. read more >>> Source : ZDNet.Com
Via Dave Lutz at JonesTrading, here’s a quick guide to what traders are saying before markets in the US open to start 2016. Good Morning! China whacking us this AM, with US Futures off almost 2%. Shanghai closed early after 7% drop. Blamed on: Lighter PMI data, China’s renminbi hitting a 4Y low, New IPO […]
* Tensions heightened by Saudi execution of Shi’ite cleric (Adds details, president visits port, Sunni Muslim cleric shot dead) read more >>> Source : Reuters
George R.R. Martin has revealed he’s missed his deadline for his next novel “The Winds of Winter.” read more >>> Source : CNBC.Com
Oil could break below $20 as tensions between Iran and Saudi Arabia rise, oil analyst John Kilduff says. read more >>> Source : CNBC.Com
The amount of money being borrowed by consumers in the run-up to Christmas rose by £1.5bn, the largest rise for nearly eight years. read more >>> Source : BBC
The economic situation in Sweden right now is extraordinary, and a new note to investors from HSBC says that Swedish housing may be in a bubble that “is not sustainable.” Here’s the macro picture: 3.9% GDP growth, year on year. House prices up 18%. Interest rates are set at -0.35%. And the government isn’t doing […]
When Gene Roddenberry’s computer died, it took the only method of accessing some 200 floppy disks of his unpublished work. Here’s how this tech mystery was solved. read more >>> Source : PCAdvisor.Co.Uk
CANTERBURY, England, Jan 4 (Reuters) – Britain has granted asylum to a Sudanese man who made global headlines in August when he walked 50 km (31 miles) through the Channel Tunnel from France to England, highlighting the desperation of many migrants seeking a better life in Europe. read more >>> Source : Reuters
(Reuters) – Ant Financial Services Group, the finance arm of Chinese e-commerce giant Alibaba Group Holding Ltd, said on Monday it is looking to raise funds from investors ahead of a planned initial public offering, the second time in less than six months the company taps investors to finance its growth. read more >>> Source […]
Samsung Electronics shares fell over 4 percent after it warned of a tough environment in 2016. read more >>> Source : CNBC.Com
Mark Zuckerberg doesn’t do New Year’s resolutions like the rest of us. Instead of pledging to lose weight or give up alcohol, the Facebook founder plans in 2016 to build himself an artificially intelligent butler to help him around the home. Zuckerberg revealed his goal to create the assistant in a Facebook post on Sunday. […]
Ford will be giving Sync 3 vehicle owners an update that will expand their infotainment system to run Apple CarPlay and Google’s Android Auto. read more >>> Source : ZDNet.Com
One of the Fed’s hawkish officials said she is not opposed to her colleagues’ view that the U.S. central bank needs to raise rates only four times. read more >>> Source : CNBC.Com
2016 is already here and we bring you a special outlook all dedicated to 2016: the path of interest rates, currencies, bonds, stocks and of course the slippery price of oil. Here is your guide to the new year. You are welcome to listen, subscribe, provide feedback and pledge support on Patreon. Fed hike path […]
LONDON, Jan 4 (Reuters) – Emerging markets suffered their biggest fall in four months on Monday as Chinese stocks slumped by 7 percent and deteriorating relations between Saudi Arabia and Iran drove… read more >>> Source : Reuters
As adults, it can be challenging to learn new hobbies. We’re usually all pretty set in our ways, but that doesn’t mean we should hold ourselves back from branching out every now and then. — This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It […]
Against the euro, sterling hit a 2-1/2-month low of 74.235 pence before recovering to 73.79 pence, flat on the day. read more >>> Source : EconomicTimes.IndiaTimes.Com
Trading has been suspended in China after share prices plunged today by more than 7 per cent. The slide triggered an automatic shutdown of the country’s stock exchanges and underscores the ongoing weakness of China’s manufacturing sector. read more >>> Source : CBC.Ca
The UK’s manufacturing sector grew at its slowest pace for three months in December, a survey indicates. read more >>> Source : BBC
BRITAIN’s top stock market lost billions of pounds this morning, prompting fears over invested pension savings. read more >>> Source : The Daily Express
David Cameron’s government is going to take “radical” steps to intervene in Britain’s housing market, and to try to reduce the chronic undersupply of affordable housing that is plaguing potential housebuyers in the UK right now. On Monday, Cameron will announce plans to commission tens of thousands of new so-called “starter homes” on brown field […]
SUPERMARKETS have today slashed diesel prices to below £1 a litre for the first time in six years, marking a good start to 2016 for millions of drivers. read more >>> Source : The Daily Express
The government is “pulling out all the stops” by directly commissioning the building of up to 13,000 homes on public land, ministers say. read more >>> Source : BBC
SEOUL, Jan 4 (Reuters) – South Korea will review safety at its six budget airlines after two recent incidents, including one involving a plane that had to return to its departure airport after a door was not properly sealed, a transport ministry official said. read more >>> Source : Reuters
Oil traders can’t make their minds up. The price of Brent and crude spiked overnight amid escalating tensions between Saudi Arabia and Iran. Saudi Arabia has cut off diplomatic relations with Iran, getting people worried about the supply of oil from the Middle East. But oil prices fell back dramatically in early morning trade in […]
Four new elements have been added to the periodic table, making science textbooks across the world out of date. The elements were verified and added by the International Union of Pure and Applied Chemistry (IUPAC) last week, making the scientific chart’s seventh row officially complete. The inclusion of the super-heavy man-made chemical elements temporarily named […]
Hollywood and video game makers look set to storm the immersive, virtual reality marketplace now that the VR makers have finally worked the bugs out. Their wares are expected in force at the annual CES extravaganza in Las Vegas later this week. read more >>> Source : CBC.Ca
The tensions between Iran and Saudi Arabia are escalating after diplomatic ties were cut this weekend. CNBC discusses how other countries could get involved. read more >>> Source : CNBC.Com
A majority of Canadians remain confident about their finances heading into 2016, but the percentage holding a positive view is down from a year ago, according to a new poll from one of the country’s big banks. read more >>> Source : CTVNews.Ca