Économie
Oil Settles Notably Lower, Sheds Nearly 5% In Week
Oil prices were mixed on Wednesday as worries about the coronavirus outbreak and swelling US crude inventories weighed on prices, counter-balanced by talk that OPEC could extend oil output cuts. OPEC wants to extend oil production cuts until at least June from March, and may deepen the reductions should demand for oil in China be significantly reduced by the spread of the virus, OPEC sources s... [Full Article...]
After Second Coronavirus Case, India Stops E-Visa For China: 10 Points
In this regard, "According to the World Health Organisation ( WHO ), Coronaviruses are a family of viruses that cause illness ranging from the common cold to more severe diseases such as SARS and Middle East respiratory syndrome (MERS)". "The case-fatality ratio is settling out at a much lower level than we were reporting three, now four, weeks ago", he said. The World Health Organization decl... [Full Article...]
Apple et Broadcom condamnés à 1,1 milliard de dollars — Brevets
L'Institut de technologie de Californie, le célèbre Caltech de Pasadena, près de Los Angeles, avait entamé des poursuites en 2016, affirmant que les produits Apple , comme les iPhone, tablettes iPad ou ordinateurs Mac, renfermaient des composants électroniques fabriqués par Broadcom qu'il accusait d'avoir enfreint ses brevets. [Full Article...]
Airbus va payer 3,6 milliards d'euros pour clore les enquêtes judiciaires — Corruption
Il a précisé dans la soirée qu'il prévoyait de passer une provision de 3,6 milliards d'euros dans ses résultats 2019 pour ce dossier. Les juges des trois pays ont entériné un " accord de principe " conclu cette semaine par Airbus avec le Parquet national financier (PNF) français, le Serious Fraud Office britannique ( SFO ) et les États-Unis qui enquêtaient conjointement sur des " irrégular... [Full Article...]
Lyft announces 90 layoffs in corporate restructuring effort
Visit Business Insider's homepage for more stories . According to sources for The New York Times , the company is struggling to understand if it can make a profit, after filing for an IPO past year, which turned in disappointing results. [Full Article...]
Coronavirus outbreak is 'public health emergency of global concern,' WHO declares
In South Korea, anti-virus plans have sparked panic. More than 7,700 people in China are now confirmed to have contracted the virus , which is thought to have originated in a large animal and seafood market in Wuhan in December. Prime Minister Scott Morrison has said evacuees will be held on the remote Christmas island, which lies around 2,000km (1,200 miles) from the mainland and is better... [Full Article...]
Amazon tops 150M paid Prime members globally after record quarter
The company doesn't disclose the total amount it collects in Prime membership fees or separate shipping fees from customers, but historically its total costs have significantly exceeded what it collects. Amazon said grocery delivery orders more than doubled in the fourth quarter, compared to the prior year. The company posted profits of $3.3 billion - or $6.47 per share - compared to analysts' e... [Full Article...]
Facebook rolls out tool to block off-Facebook data gathering
Other businesses send us information about your activity on their sites and we use that information to show you ads that are relevant to you. Facebook earned $US7.35 billion ($A10.89 billion), or $US2.56 a share, up 7.0 per cent from $US6.88 billion, or $US2.38 a share, a year earlier. [Full Article...]
Coronavirus outbreak: Airlines halt flights to Chinese cities as virus spreads
The airline, based in the Urals city of Yekaterinburg, was halting flights to Munich, Paris and Rome as well as the Japanese city of Sapporo until the end of winter, it said in a statement. South Korea's second-largest carrier, Asiana Airlines, said it will temporarily suspend flights to the Chinese cities of Guilin, Changsha and Haikou starting next month. [Full Article...]
Boeing falls to first annual loss since 1997
More than $800 million of the cash came from spending only $1.2 billion on restructuring a year ago, after originally planning to spend more than $2 billion. The Chicago-based company said Wednesday it will make another cut in 787 Dreamliner production and booked more charges on its military tanker and space-taxi programs to underline the broader challenges facing new Chief Executive David Calhoun... [Full Article...]
USA deficit seen ballooning over $1 trillion this year
The CBO projects the government will spend $1 trillion more than it collects in 2020, a number which would then increase every year for, well, a while. Financing the shortfall will require more government debt issuance, and the CBO sees debt held by the public reaching 98.3% as a share of GDP by 2030. [Full Article...]
World Health Organization chief arrives in China despite growing virus fears
The CDC hadn't added the Southern California case to its summary of US cases as of early Sunday. More than 2000 cases of coronavirus have been confirmed worldwide, most in China, while 56 people have died. Meanwhile, in India, over 100 people have been kept under observation in Kerala and Maharashtra following screening for possible exposure. The Spanish government is working with China and ... [Full Article...]
Fed leaves key rate alone but sees virus among global risks
Yet it also cautioned that it would monitor the world economy, which could be slowed by China's coronavirus - a risk that Chairman Jerome Powell mentioned at the start of a news conference. Fed policymakers have been discussing how and when to end the temporary Treasury bill purchases, which have been underway since October, and what sort of permanent replacement it could use to ensure the central... [Full Article...]
Govt invites bids for 100% stake sale in Air India
To attract additional suitors this time, the government has already parked almost Rs 30,000 crore of debts and liabilities in a special objective vehicle (SPV). Air India's employee base of more than 19,000 employees do have a big stake in the plan, experts said. Though its market share has been dwindling, the combine of Air India and AIXL will command an overall share of 18.6 percent of th... [Full Article...]
What's new in the China virus outbreak
Ontario health officials have announced that a " presumptive case " of coronavirus has been confirmed at Toronto's Sunnybrook hospital, as the number of infections globally nears 1,500 cases. The United States has a contract with a transporter to evacuate about three dozen diplomats and their families from the USA consulate in Wuhan. In Hong Kong, with five confirmed cases, the city's leader... [Full Article...]
Intel sees another record year thanks to data centre and PC demand
Jitters over the potential economic fallout from the coronavirus outbreak intensified Friday as the tally of confirmed cases continued to climb, rising to more than 850. The segment saw major demand from cloud service providers during the quarter, and the data center results were bolstered by "very strong" demand for Intel's second-gen Xeon Scalable processors, Swan said . [Full Article...]
Canada's central bank rate- steady as she goes
But he said the Healthy Homes Standards introduced in July was also a factor, with some landlords possibly passing on the cost of upgrading their properties to tenants. Despite retail sales coming in stronger than expected and inflation matching market expectations, the loonie's decline could still be driven by the central bank leaving interest rates unchanged. [Full Article...]
Le 737 MAX ne revolera pas avant le milieu de l'année — Boeing
L'agence fédérale de l'aviation ( FAA ) a fait savoir qu'elle n'avait pas encore fixé de calendrier: " La priorité de la FAA est la sécurité", a expliqué le régulateur aérien, dans un communiqué. La facture s'élève actuellement à 9,2 milliards de dollars mais devrait grimper, estiment les analystes financiers, qui évaluent à un milliard de dollars par jour le manque à gagner. [Full Article...]
ND senators react to day 2 of impeachment trial
During their presentation, the House managers sought to preempt likely defense arguments that Trump's actions were warranted, that Trump did not commit a crime, and that impeachment is a political vendetta by Democrats seeking to overturn the 2016 election and anxious about the next one in November. [Full Article...]
Grève : trafic "quasi normal" sur les TGV, amélioration à la RATP
Néanmoins, le syndicat se déclare toujours " déterminé à poursuivre la lutte contre cette réforme injuste", mais souhaite " s'engager sur une autre forme d'action", et ainsi montrer son opposition à la réforme par une autre forme que celle de la grève illimitée qui, au bout de 45 jours, impacte le moral et le portefeuille des grévistes qui ne sont plus payés. [Full Article...]