• Strong justification needed for long Brexit Delay — EU's Barnier
Strong justification needed for long Brexit Delay — EU's Barnier

EU chief negotiator Michel Barnier warned Tuesday that Britain's disorderly exit from the European Union is becoming more likely by the day unless the United Kingdom drastically changes its spiraling course toward a no-deal Brexit. Barnier insisted the European Union would not renegotiate the 585-page withdrawal agreement but said he was will...

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  • Closing southern border may be
Closing southern border may be "best decision": White House

While people like Mick Mulvaney, White House acting Chief of Staff have shown support to the President's move and has hinted that it will take something dramatic for Trump to change his stance, others have been quick to note that it may have a significant effect on the country's trade and commerce.

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  • BRITAIN: Parliament Rejects Four More Brexit Options
BRITAIN: Parliament Rejects Four More Brexit Options

The EU insist that would mean the United Kingdom taking part in the European Parliament elections in May, but that could be negotiable too. Conservative MP Oliver Letwin, who led the process of so-called indicative votes on alternative Brexit options, said the draft legislation was "a last-ditch attempt to prevent our country being exposed to the...

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  • Day lyft shares Slip under IPO price in first trading
Day lyft shares Slip under IPO price in first trading

But on Monday, as USA markets rose, Lyft's shares dropped close to 12%, ending the day at $69.03. After pricing at $38 a share, Facebook shares rose as much as 18 percent before fading and leaving underwriters to frantically defend the IPO price into the close of that first day, which like Lyft's was a Friday.

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  • Aramco Is World's Most Profitable Firm But Cash Flow Lags Rivals
Aramco Is World's Most Profitable Firm But Cash Flow Lags Rivals

Amazon, by comparison, cleared a paltry $10 billion. "The company is wholly-owned by the state and is expected to remain largely under government ownership even after any potential IPO in the future", they wrote in their assessment. The petrochemicals company is separate from the oil company, and the acquisition would grant "a massive jolt of cas...

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  • Burger King to Sell Plant-Based Impossible Whopper
Burger King to Sell Plant-Based Impossible Whopper

Louis market for a limited time . "The people you will see here are real people, and these are their real reactions". But the more meat-like Impossible Whopper represents a promotion for vegetarian options from sub-in to front-of-brand star.

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  • Turkey elections pave way for bad economic choices
Turkey elections pave way for bad economic choices

If the opposition won in Istanbul , Turkey's largest city and commercial hub, that would be a watershed moment. Electoral board head Sadi Guven said votes were still being counted. The AKP's candidate, Mehmet Ozhaseki, now stands at 47.1 per cent. Sahin said their objections could turn the results to his party's advantage. He said the pa...

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  • EasyJet warns of slow summer sales amid Brexit uncertainty
EasyJet warns of slow summer sales amid Brexit uncertainty

After rejecting British Prime Minister Theresa May's divorce deal three times, United Kingdom lawmakers are holding a series of votes on Brexit alternatives Monday in an attempt to find the elusive idea that can command a majority. She has previously said an election is the last thing the country wants. Mr Bercow added: "And let me say, in ...

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  • US, China hold 'constructive' trade talks in Beijing:The Asahi Shimbun
US, China hold 'constructive' trade talks in Beijing:The Asahi Shimbun

Zhang Zhexin, a United States affairs expert at the Shanghai Institutes for International Studies, said that having a packed schedule showed that both sides were keen to reach a deal. Reuters reported previously that the two sides were negotiating written pacts in six areas: forced technology transfer and cyber theft, intellectual property rights,...

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  • Erdogan`s AKP leads in Istanbul, Ankara in Turkish local election
Erdogan`s AKP leads in Istanbul, Ankara in Turkish local election

The Turkish lira was little changed in early trading after midnight in Istanbul. He suggested if his party lost in Istanbul, they would still control district councils even if the opposition held the mayor's office. "For legal reasons, the board is waiting for the objection period to be over to declare our win", Tanrikulu, who is also a lawyer, t...

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  • Southwest, Delta and Three Other Airlines Experience Systemwide Outages and Delays
Southwest, Delta and Three Other Airlines Experience Systemwide Outages and Delays

USA airlines were hit by system-wide computer outages on Monday related to problems with the Aerodata planning weight and balance program, the Federal Aviation Administration said. A technical issue has grounded flights from a number of airlines across the country, according to reports . Check back with CBSNewYork.com for more on this developing...

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  • AstraZeneca and Daiichi Sankyo in $6.9bn cancer push
AstraZeneca and Daiichi Sankyo in $6.9bn cancer push

AstraZeneca and Daiichi Sankyo have entered into a collaboration for the novel HER2-targeting antibody-drug conjugate, trastuzumab deruxtecan. It is the latest in a wave of multibillion-dollar deals in the pharmaceuticals industry, particularly in oncology where companies are racing to bolster their pipelines.

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  • US fourth-quarter GDP revised down; corporate profits fall
US fourth-quarter GDP revised down; corporate profits fall

Growth in consumer spending , which accounts for more than two-thirds of us economic activity, increased at a 2.5 per cent rate in the fourth quarter instead of the previously reported 2.8 per cent pace. The foreign-trade deficit subtracted 0.08 percentage points from growth, compared with an initial estimate of a 0.22 percentage point drag, due to...

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  • Lyft jumps in debut after ride-hailing IPO raises US$2.34B
Lyft jumps in debut after ride-hailing IPO raises US$2.34B

Lyft's IPO sets the stage for the stock market debut of larger rival Uber Technologies, which sources have said is coming in April. Lyft is officially a public company . That value rises to about $25 billion, including restricted stock and greenshoe shares that could be issued by underwriters. It debuts on the Nasdaq this morning, sporting the...

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  • McDonald's Drive Thru Gets AI Upgrade
McDonald's Drive Thru Gets AI Upgrade

The technology , based on artificial intelligence (AI), will also help suggest add-on items based on customers' selections. The global giant is planning to roll out the technology to drive-thru restaurants in the U.S. Baird analyst David Tarantino said he sees "strategic value" in the deal, especially as McDonald's tries to accelerate its gr...

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  • Walgreens to make various CBD-products available in 1500 stores
Walgreens to make various CBD-products available in 1500 stores

The company didn't say which stores in each state will sell the CBD products. "This product offering is in line with our efforts to provide a wider range of accessible health and wellbeing products and services to best meet the needs and preferences of our customers", Walgreens spokesman Brian Faith told CNBC .

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  • Ferries to Sunshine Coast halted after vessel hits dock at Langdale terminal
Ferries to Sunshine Coast halted after vessel hits dock at Langdale terminal

Brittny Adams told Coast Reporter they heard about the incident while on the Earls Cove ferry earlier, but chose to wait it out at Langdale. "We had to put a pause on the Coastal Celebration's refit so once we revise our plans, we can finish that refit on the Celebration and also make repairs to the [Queen of] Surrey", Marshall said, adding pas...

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  • West fears strong Turkey - Erdogan
West fears strong Turkey - Erdogan

In a town hall meeting with students that was broadcast on Twitter, Erdogan said the market gyrations were "a squeezing operation by the West and the United States in particular". The senators - Democrats Jeanne Shaheen and Chris Van Hollen and Republicans James Lankford and Thom Tillis - have all expressed alarm over Turkey's planned purchase of R...

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  • Apple, Qualcomm gird for next phase of patent battle
Apple, Qualcomm gird for next phase of patent battle

Given that iPhones state "Designed by Apple in California, Assembled in China " on the back, an import ban would severely restrict the supply of the devices in the company's home market. Although the ruling is still under review by the International Trade Commission (ITC), it could see an import ban prevent the sale of affected smartphones contain...

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  • United Kingdom questions Huawei security credibility
United Kingdom questions Huawei security credibility

There is no allegation in the latest report that the company is deliberately introducing backdoors or working to carry out any kind of espionage on behalf of the Chinese state. When UK's HCSEC Oversight Board has been auditing Huawei for five years and still doesn't believe Huawei is providing basic security assurances that its hardware and softw...

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