• World equities slip on Turkey currency woes
World equities slip on Turkey currency woes

The currency hit a record low of 7.23 per dollar late on Sunday after Erdogan, in a series of speeches over the week, showed no sign of backing down in the standoff against the United States. With God's permission we will overcome this", Erdogan told his party members. "Investors are clearly concerned that Turkey's government won't act (or allo...

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  • Non-Pilot Steals, Flies And Crashes Passenger Plane [Videos + Air Traffic Audio]
Non-Pilot Steals, Flies And Crashes Passenger Plane [Videos + Air Traffic Audio]

In his final moments captured by partial recordings of his conversations with air traffic controllers that were published online by Broadcastify.com, Russell spoke calmly and said he was sorry to disappoint people who cared about him and described himself as a "broken guy".

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  • Iran's Khamenei bans holding direct talks with United States
Iran's Khamenei bans holding direct talks with United States

Ayatollah Ali Khamenei's comments add to the pressure on President Hassan Rouhani following a collapse in the currency and widespread protests over high prices and corruption. penalties. "With better management and more efficient planning we can resist the sanctions and overcome them", Khamenei said, in an apparent effort to deflect public a...

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  • Turkish lira crisis gets worse with fresh 11% plunge
Turkish lira crisis gets worse with fresh 11% plunge

The country's economic trouble has been heightened by a dispute with the US that has centered on the continued detention of an American pastor who is on trial for espionage and terror-related charges. These flows, some of which are highly mobile and short term, also expose Turkey to sudden stops and reversals when worldwide investors fear the wor...

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  • Turkish lira plunges as Erdogan blames crash on 'political plot' against Ankara
Turkish lira plunges as Erdogan blames crash on 'political plot' against Ankara

American pastor Andrew Brunson has been held since October 2016 on terror and espionage charges, and if convicted, could face a jail term of 35 years. The Turkish strongman also pointed out that Turkey was considering other markets and political alternatives to its "strategic partnership" with Washington.

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  • Stolen plane in Seattle crash prompts airport security concerns
Stolen plane in Seattle crash prompts airport security concerns

They said of Richard: "He was a faithful husband, loving son and a good friend. He was right in saying that there are so many people who have loved him", the family said in the statement. The plane was pursued by military aircraft before it crashed on tiny, sparsely-populated Ketron Island, southwest of Tacoma, Washington. "It is highly fragmen...

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  • Tesla's Musk Faces Class Action Suits Over Tweet
Tesla's Musk Faces Class Action Suits Over Tweet

In his statement, Musk said that taking the company private is "the best path forward", and added that a shareholder vote must be held before a final decision is made. He is yet to back up his claim that he has financing for the transaction. The US Securities and Exchange Commission is examining whether the tweet was meant to be factual, accordin...

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  • Leading Tesla engineer moves to secret Apple vehicle project
Leading Tesla engineer moves to secret Apple vehicle project

Whether what Doug Field had failed to achieve while at Tesla with the Tesla Model 3 , he will now accomplish with the Apple's Project Titan , we hope to see as we keenly monitor the progress of the highly secretive Apple's self-driving vehicle " Project Titan " with Doug Field in charge.

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  • Seattle baggage handler who stole and crashed airliner was 'broken guy'
Seattle baggage handler who stole and crashed airliner was 'broken guy'

A MECHANIC stole a plane from Seattle airport and joked with air traffic controllers before crashing into an island. A U.S. official briefed on the matter told The Associated Press the man was Richard Russell . The Q400 ix a turboprop aircraft with 76 seats. The airline was coordinating with the Federal Aviation Administration, the FBI and...

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  • Erdogan: Lira crash political plot against Ankara
Erdogan: Lira crash political plot against Ankara

Since then, its relationship with Turkey, the sixth largest steel importer to the U.S., the world's biggest steel importer overall, has deteriorated, prompting Ankara to send a delegation this week to Washington to meet with both the State and Treasury Departments.

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  • Mexico says 'very close' on NAFTA issues with the U.S.
Mexico says 'very close' on NAFTA issues with the U.S.

Pompeo spoke with Videgaray on August 8 and the two leaders talked about the importance of reducing irregular migration through Mexico and the region and discussed the need for greater investment in Central America to address security, governance, and economic prosperity challenges, spokesperson Heather Nauert said.

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  • McDonald's McGold Card Entitles Winner To Free Food For Life
McDonald's McGold Card Entitles Winner To Free Food For Life

In order to place yourself in the running for the highly coveted and sought after McGold Card, all that you have to do is place an order through the McDonald's app from August 10 through August 24. The contest is similar to one run by coffee chain Starbucks, which was called Starbucks for Life, only not as generous. Big Macs for 50 years? While...

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  • Ikea India launches with Hyderabad megastore
Ikea India launches with Hyderabad megastore

At a news conference on the eve of the store's grand opening, Mr Brodin said: "We bring an inspiring, affordable and convenient home furnishing offer". Founded in 1943 by late Swedish entrepreneur Ingvar Kamprad, IKEA now has 403 IKEA stores in 49 countries with a sales volume of 38.3 billion euros.

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  • Family of man who stole, crashed plane in 'complete shock'
Family of man who stole, crashed plane in 'complete shock'

In partial recordings of Russell's conversations with air traffic controllers that were published online by Broadcastify.com, he said he was sorry to disappoint people who cared about him and described himself as a "broken guy". "We are working background on him now", the sheriff's department tweeted . She said the plane was "highly fragmented...

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  • Markets Now: Dow Drops 105 Points as Turkey Finally Matters
Markets Now: Dow Drops 105 Points as Turkey Finally Matters

The S&P 500 opened lower by 13.94 points, or 0.49 per cent, at 2,839.64. That was a drop of 0.7 percent from Thursday's close. Occidental Petroleum ( OXY.N ) fell 4.2 percent after it maintained a tepid production forecast for the year.

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  • Next Round of Tariffs Set
Next Round of Tariffs Set

The Trump tax cuts may have cushioned the market against trade wars, since they've boosted corporate profits and provided a tailwind to counter the headwind of tariffs. The Peterson Institute for International Economics estimated that as many as 195,000 USA workers could lose their jobs over the next three years if the U.S.'s 25 percent tariffs on ...

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  • Stolen Horizon Air plane crashes in Puget Sound island
Stolen Horizon Air plane crashes in Puget Sound island

The man could reportedly be heard on audio recordings telling air traffic controllers that he is "just a broken guy". It's going to disappoint them to hear that I did this. "Those pilots are trained for moments like tonight and showed they are ready and capable", he said in a tweet . The incident has also raised questions about the physical secur...

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  • Digital revenues grow to 30% as news subscriptions build
Digital revenues grow to 30% as news subscriptions build

In Q4, Digital Real Estate segment revenues increased 20% y-o-y to $299 million, and the segment's EBITDA further grew 14% y-0-y to $99 million, largely due to continued growth at REA Group and Move. Foxtel's revenues dropped $US33 million in the three months to June 30, "primarily due to lower subscription revenues at Foxtel, due to subscriber mix...

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  • Tesla CEO Musk taunts short sellers amid legal scrutiny
Tesla CEO Musk taunts short sellers amid legal scrutiny

The complaint alleges violations of US securities law and was filed Friday as a class action in federal court in San Francisco. The lawsuits were filed three days after Musk stunned investors by announcing on Twitter that he might take Tesla private in a record $72 billion (roughly Rs.

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  • Changes to ICBC premiums would see bad drivers pay more
Changes to ICBC premiums would see bad drivers pay more

Five per cent of those deemed at an increased risk of causing a crash will pay between $50 and $100 more while 17 per cent will see their premiums rise by at least $100. An increase to the Driver Penalty Point (DPP) and Driver Risk Premium (DRP) programs of 20% in fall 2018 and 20% in fall 2019, as previously announced.

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