• Oil falls by 1% on Saudi commitment to withhold output
Oil falls by 1% on Saudi commitment to withhold output

Sources told Reuters past year that Chinese state oil companies were willing to be cornerstone investors in the Aramco IPO, which could become the world's biggest, valuing the firm at up to $2 trillion and raising more than $100 billion. The IPO would be “very transparent, ” he said. An announcement is also expected later on Wednesday on a partne...

Read more

  • Take a break! Uber drivers must rest 6 hours after driving 12
Take a break! Uber drivers must rest 6 hours after driving 12

After a six-hour period, the app will reset and allow drivers back on the road. To that end, in January we reported on the company's decision to institute mandatory six-hour rest breaks for their UK-based drivers, a move Uber made in the interest of ensuring their drivers "don't drive exhausted".

Read more

  • Air India Flight to Ahmedabad Aborts Takeoff After Fire Warning
Air India Flight to Ahmedabad Aborts Takeoff After Fire Warning

AI's Airbus A-319 (AI 631), en route from Mumbai to Bhopal, and Vistara's A-320 Neo (UK 997), en route Delhi to Pune, were only seconds away from each other with a mere 100-feet between them, reported the Times of India . "So, finally, when our pilot saw the warning (the Vistara aircraft breaching the mandatory separation) on board, she just t...

Read more

  • After Soonam Gupta, Trending queen Priya Prakash Varrier becomes Bewafaa
After Soonam Gupta, Trending queen Priya Prakash Varrier becomes Bewafaa

Infact, she is one of the few celebrities in the world who has got more than 600k followers in just 24 hours. The short video clip shows the girl raising her eyebrow at a guy and then winking at him and her expressions have got the boy (and many more) swooning all over her in minutes! The video also surfaced just days before Valentine's Day pro...

Read more

  • UK PM May To Meet German Chancellor Merkel Ahead Of Munich Speech
UK PM May To Meet German Chancellor Merkel Ahead Of Munich Speech

The hard-fought coalition deal is still subject to a ballot by the SPD's deeply divided base of 470,000 rank-and file members, who could yet sink the unpopular power pact. Leader of the SPD group in Thurianga, Matthias Hey, said: "Our mood regarding what is happening in Berlin now is down in the cellar". In a cartoon on Tuesday, the Sueddeu...

Read more

  • Casino Mogul Steve Wynn Steps Down as CEO Amid Harassment Allegations
Casino Mogul Steve Wynn Steps Down as CEO Amid Harassment Allegations

Wynn , 76, issued a statement Tuesday evening in which he said he "reached the conclusion I can not continue to be effective in my current roles" after becoming the focus of "an avalanche of negative publicity". Just over a week ago, Wynn was in many ways the face of the US casino business after dominating it for five decades. The company h...

Read more

  • Amazon laying off hundreds of corporate employees in Seattle
Amazon laying off hundreds of corporate employees in Seattle

Companies large as Amazon are known to cut hundreds of employees and Amazon's cuts are pretty small to other large companies including Microsoft . While the size of the payroll cut is modest given Amazon's size, trimming jobs is an unusual move at what is now the second-biggest USA -based employer.

Read more

  • Credit Suisse Trims Loss, Cites Upside Of US Tax Reform
Credit Suisse Trims Loss, Cites Upside Of US Tax Reform

Credit Suisse posted its third straight yearly loss on Wednesday, underscoring expenses in the fourth quarter of 2017 due to the overhaul of the US tax system, but the bank said its restructuring efforts are working. "As a result of these efforts, we are in a significantly improved position to benefit when market conditions improve", CS said. Ne...

Read more

  • Government of Alberta sets up online petition targeting John Horgan
Government of Alberta sets up online petition targeting John Horgan

Clark's speech in Ottawa marked her first public address since she stepped down as leader of the B.C. Liberals last July, after the B.C. New Democrats formed a minority government with the backing of the provincial Green party. In 2017, Alberta imported about 17.2 million bottles of wine from B.C., Notley said. The Alberta government is asking fo...

Read more

  • Boston Dynamics' SpotMini robot now knows how to open doors
Boston Dynamics' SpotMini robot now knows how to open doors

The company, now owned by SoftBank, showed its SpotMini bot opening a door and holding them open, using its extendable arm/neck. In the new video , though, it manipulates the door handle , snakes the arm out the gap and then trots off with a second Spot .

Read more

  • Andy Cohen weighs in on Kim Cattrall's feud with Sarah Jessica Parker
Andy Cohen weighs in on Kim Cattrall's feud with Sarah Jessica Parker

She then went on to write in the Instagram post that she was letting Parker know for the final time that she is not her friend and that she should stop exploiting her family tragedy . Obviously this shuts the door even tighter on " Sex and the City 3" - at least with Kim Cattrall as Samantha - but it's probably for the best. "I never aske...

Read more

  • This is why a woman in China climbed inside X-ray machine
This is why a woman in China climbed inside X-ray machine

This turned out to be a woman who - concerned about losing the money in her handbag - climbed into the X-ray machine with it when asked to put the bag through the security check, the report said. It isn't clear what was inside the woman's bag which she was trying to safeguard with such dedication. Passengers behaving oddly at railway stations...

Read more

  • Southwest plane passengers forced to evacuate before takeoff at John Wayne Airport
Southwest plane passengers forced to evacuate before takeoff at John Wayne Airport

Southwest said the airline company will continue to work with passengers to accommodate travel plans and have updated their customer accommodation policies on their website . By late Sunday, a total of 235 flights on all airlines were canceled and the average delay on departing flights was around 22 minutes as of 4pm on Sunday.

Read more

  • Bitcoin Mining Energy Use Set To Overtake Homes In Iceland
Bitcoin Mining Energy Use Set To Overtake Homes In Iceland

Johann Snorri Sigurbergsson, business development manager at the energy company Hitaveita Sudurnesja, said he forecasts Iceland's cryptocurrency mining to double the country's energy consumption up to 100 megawatts this year . Mining data centers don't need to hire a big staff and don't require especially large infrastructure investments. "Under ...

Read more

  • Americans Will Spend $19.6 Billion on Valentine's Day This Year
Americans Will Spend $19.6 Billion on Valentine's Day This Year

Make the day personal because you want to make the day special, not because you have to. Florists conduct a tricky business. " Valentine's Day has become a holiday consumers take advantage of not only to spoil their loved ones but themselves", Prosper Executive Vice President of Strategy Phil Rist said.

Read more

  • UK Inflation Steady At 3%
UK Inflation Steady At 3%

While statistically correct, any "feel-good" factor will have been lost on most vehicle and van owners. In a worst-case scenario, consumers and businesses might start pulling back on spending as they see prices rise rapidly in the coming months (or years).

Read more

  • Freezing Rain Warning For The Stratford Area
Freezing Rain Warning For The Stratford Area

Freezing rain warnings are issued when rain failing in sub-zero temperature creates ice buildup and icy surfaces. Snow mixed with ice pellets may accumulate 2cm to 5cm by Sunday morning before changing to freezing rain. Those surfaces will extremely slippery under these conditions and in terms of snow, it could be between 2 and 4 centimetres by the...

Read more

  • Egypt army kills 16 jihadists in Sinai
Egypt army kills 16 jihadists in Sinai

Egypt's armed forces Saturday continued what it describes as "intensive airstrikes against terrorist targets and gatherings" in Central and North Sinai. Egypt has denied the report and the Israelis aren't commenting. And last September Sissi met Netanyahu for the first time in public, the encounter coming ahead of the United Nations General Assem...

Read more

  • Treasurys are surging as stocks get slammed
Treasurys are surging as stocks get slammed

Here are some thoughts on why that can be bad for equities. The S&P 500's annual profits are now about 4.3 per cent of the index's price. Both the Dow Jones Industrial Average and S&P 500 index were on track on Thursday for their biggest two-week percentage declines since August 2011.

Read more

  • Arun Jaitley signals comfortable fiscal health in 2018-19
Arun Jaitley signals comfortable fiscal health in 2018-19

But, the FM was confident that there would be no fiscal slippage next financial year, thanks to buoyancy in revenue. "This has led to higher debt-equity ratios and this trend bodes well", Patel said. Pointing out to FM Jaitley's budget announcement of persuading corporates to raise funds through the bond market, Tyagi said the rules for mandatory 2...

Read more