Économie

Hong Kong leader shelves loathed extradition law

Hong Kong leader shelves loathed extradition law The Hang Seng index leapt more than three percent in afternoon trade after the South China Morning Post and HK01 both published reports that the city's pro-Beijing chief executive Carrie Lam was planning to shelve the bill. Lam has tweaked the proposals but has refused to withdraw the bill, saying it is vital to plug a long-standing "loophole". "I hope the people in China can understand that... [Full Article...]

Facebook makes controversial face recognition feature opt-in by default

Facebook makes controversial face recognition feature opt-in by default This lets users manage whether Facebook uses face recognition technology on photos of you in order to suggest tags. The company previously began offering some users a settingin late 2017 that allowed them to decide broadly whether or not facial recognition was used in their Facebook experience. [Full Article...]

Dorian expected to finally move northwards on Tuesday

Dorian expected to finally move northwards on Tuesday Dorian isn't done with Grand Bahama, unfortunately. The storm wiped out power to Nassau and the rest of New Providence, the country's most populous island, Bahamas Power and Light said. The county where the center is located is under a hurricane warning. In Florida, Dorian's eye, which packs the highest winds, will stay off shore. A hurricane warning is in effect for Jupiter Inlet, Florida, ... [Full Article...]

Walmart to stop selling certain gun ammunition

Walmart to stop selling certain gun ammunition The head of the company said it will discontinue sales of bullets that can be used in assault-style and military weapons, and those used in handguns. Walmart has been in the middle of the gun-policy debate as it faces new calls to tighten sales of guns and ammunition. "In a complex situation lacking a simple solution, we are trying to take constructive steps to reduce the risk that events like... [Full Article...]

I don't want an election, says Boris Johnson in latest Brexit warning

I don't want an election, says Boris Johnson in latest Brexit warning Ms Greening, Mr Hammond and Mr Grieve all confirmed they would join opposition MPs in voting for legislation created to delay Britain's exit from the European Union if no agreement can be struck with the European Union before October 31. Johnson has rejected the divorce deal on the table but insists he wants to reach an agreement with Brussels to ease the end of Britain's 46-year-old European Un... [Full Article...]

Local Red Cross plans to help those affected by Hurricane Dorian

Local Red Cross plans to help those affected by Hurricane Dorian The Red Cross has also deployed more than 110 emergency response vehicles (ERVs), including two ERVs from Northeast Ohio, which deployed from Akron on Sunday, and more than 99 tractor-trailer loads full of relief supplies to help people in the path of Hurricane Dorian. [Full Article...]

How major U.S. stock indexes fared Friday

How major U.S. stock indexes fared Friday The S&P 500 rose 15 points, or 0.5%, to 2,939. Eastern Time. The Dow Jones Industrial Average climbed 116 points, or 0.4%, to 26,470. Heavyweight tech stocks with tariff exposure, such as Apple Inc, up 1.69 per cent, and Microsoft, up 1.89 per cent, boosted the technology sector by 1.73 per cent for its best day since August 16. [Full Article...]

Orlando International Airport to remain open Monday

Orlando International Airport to remain open Monday Weather forecasters say predictions that powerful Hurricane Dorian will slow to a crawl over the Bahamas complicates their outlook for the United States. People walk on the beach at the Cocoa Beach Pier while a cruise ship leaves Port Canaveral ahead of the approaching Hurricane Dorian , on August 30, 2019 in Cocoa Beach, Florida. [Full Article...]

Canada: GDP up but details mixed - RBC

Canada: GDP up but details mixed - RBC Despite a slight drop in domestic consumption, the Canadian economy surprised economists by expanding at an annualized pace of 3.7 per cent in the second quarter largely fueled by a healthy 3.2 per cent rise in exports. Stephen Brown, senior Canada economist with Capital Economics, also predicts an interest-rate cut in October. That sector edged up 0.1 per cent in June. [Full Article...]

Mega bank mergers come with mammoth issues

Mega bank mergers come with mammoth issues India's finance minister Nirmala Sitharaman on Friday announced a mega-bank merger plan which, if successful, will see the number of government-owned banks to more than halve to 12 from the current 27. J Packirisamy, MD & CEO of Andhra Bank said, "We are getting merged with Union Bank of India along with Corporation Bank". After the merger of SBI with its five associate banks two years ago a... [Full Article...]

Coastal banks to merge: Syndicate with Canara; Corporation with others

Coastal banks to merge: Syndicate with Canara; Corporation with others Jammu & Kashmir Bank share price gained as much as 16.14 per cent to touch an intra-day high of Rs 42.80 apiece from Thursday's close level of Rs 36.85 in line with benchmark index. The government has chosen the mergers based on the technological platform these banks use. She added that Bank of India and Central Bank of India will continue as public sector banks . [Full Article...]

Man wins lottery jackpot, but kept it a secret for 10 months

Man wins lottery jackpot, but kept it a secret for 10 months He says he went home and sat by himself and needed the following months to think. Truoung stated: 'The very first thing I assumed was, "I'm going to be able to pay off everything!" and I used to be completely satisfied simply to try this'. [Full Article...]

Modi govt announces mega merger of banks to boost India’s flagging economy

Modi govt announces mega merger of banks to boost India’s flagging economy India Friday unleashed the long-awaited big bank consolidation programme, merging 10 state-run lenders across the country into four. "I think India needs fewer and mega banks which are strong because in every sense, from borrowing rates to optimum utilisation, the economies of scale as far as the banking sector is concerned are of great help", Arun Jaitley had said in February this year. [Full Article...]

India's GDP growth slows to 5% in April-June

India's GDP growth slows to 5% in April-June The economic activities which registered growth of over 7 percent in Q1 of 2019-20 over Q1 of 2018-19 are "Electricity, Gas, Water Supply & Other Utility Services", "Trade, Hotels, Transport, Communication and Services Related to Broadcasting" and "Public Administration, Defence and Other Services". [Full Article...]

LULAC comments on president's promise of pardons to build a wall

LULAC comments on president's promise of pardons to build a wall That's the main takeaway from an explosive report published Tuesday night by The Washington Post , which alleges that Trump has ordered aides to "aggressively seize private land" for the border wall . But then, President Trump tweeted that they are still considering this approach. The Trump pardon revelation has been followed by the usual impotent protests from Democratic presidential cand... [Full Article...]

Govt announces major reforms in banking sector

The government on Friday announced Rs 55,250 crore upfront capital infusion in state-run banks for credit growth and regulatory compliance to support the merging lenders. And the Indian Bank will be merged with Allahabad Bank . This major banking reform will reduce the number of public sector banks to 12 from 27. Similarly, PNB, OBC, Utd Bank, Union Bank and Corporation Bank are on Finacl... [Full Article...]

Peace offering: Chick-fil-A worker hands out sandwiches to Popeyes employees

Peace offering: Chick-fil-A worker hands out sandwiches to Popeyes employees Barr wants $5,000 and demands to meet Popeyes in court on October 28, WTVC reported. "It's totally deceptive. Who runs out of chicken? ". After he was unable to get his hands on Popeyes' new fried chicken sandwich, Craig Barr filed suit against the company for compensation for his wasted time and emotional damages . [Full Article...]

Toyota and Suzuki announce new capital alliance deal

Toyota and Suzuki announce new capital alliance deal Mirroring a similar arrangement between Toyota and Mazda , the latest alliance will help the Japanese car-makers meet the demands of developing pure-electric and autonomous vehicles as well as challenging vehicle ownership models with auto sharing and ride-hailing apps. [Full Article...]

Twitter CEO Jack Dorsey's account hacked, flooded with racist messages

Twitter CEO Jack Dorsey's account hacked, flooded with racist messages A spokeswoman for Twitter told the BBC that the site was urgently investigating. Twitter users, of course, responded as they typically do - a mix of sarcasm and jokes while being questionably concerned. This suggests that the hackers were able to hijack or spoof the phone number linked to Dorsey's Twitter account, and then simply tweet via SMS. "Hard to say at moment how he was compromised, bu... [Full Article...]

Le Huawei Mate 30 privé des applis Android

Le Huawei Mate 30 privé des applis Android Un porte-parole de Google a confié à Reuters que le groupe chinois ne pourra pas utiliser une version officielle du système d'exploitation de Google , Android, et, par conséquent, avoir accès aux applications comme Google Maps , YouTube, Drive ou Gmail en raison de l'interdiction. [Full Article...]


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