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Friday, November 30, 2018

Channel island's lights stay on after deal on power


Channel island's lights stay on after deal on power



The lights will stay on across the English Channel island of Sark after a last-minute agreement was struck in a dispute on the cost of power.

Greek court acquits 21 over raid on gold mining facilities


Greek court acquits 21 over raid on gold mining facilities



A court has acquitted 21 people accused of raiding prospective gold mining facilities in northern Greece, which many local residents strongly oppose on environmental grounds.

Police spend second day searching Deutsche Bank headquarters

Police searched Deutsche Bank's headquarters in Frankfurt for a second day on Friday over money laundering allegations linked to the Panama Papers and shares in the company fell to a record low.


from Reuters: Business News https://ift.tt/2rewevn

The Latest: Trump blasts probe in which Cohen pleaded guilty


The Latest: Trump blasts probe in which Cohen pleaded guilty



The Latest on President Donald Trump at the Group of 20 summit (all times local): 7:25 a.m.

Search of Deutsche Bank offices continues in German probe


Search of Deutsche Bank offices continues in German probe



German authorities are continuing to search offices of Deutsche Bank as part of an investigation into suspicion that some employees helped set up offshore companies that were used to launder hundreds of millions of euros.

Eurozone inflation eases after fall in oil prices


Eurozone inflation eases after fall in oil prices



Official figures show that the recent fall in oil prices has pushed down inflation across the 19-country eurozone.

UK leader focused on passing Brexit deal despite uncertainty


UK leader focused on passing Brexit deal despite uncertainty



British Prime Minister Theresa May is urging lawmakers to consider the interests of their constituents when they vote on Brexit, saying that meetings with people outside London have shown her they want Parliament to back the deal she negotiated with the European Union.

France's Macron to discuss Renault-Nissan with Abe at G20: Elysee

French President Emmanuel Macron will discuss the Renault-Nissan alliance with Japan's Prime Minister Shinzo Abe in a bilateral meeting at the G20 summit in Buenos Aires on Friday, an Elysee official said.


from Reuters: Business News https://ift.tt/2KHuxQh

Oil falls as high inventories outweigh likely OPEC cuts

Oil prices slipped further on Friday as swelling inventories depressed sentiment despite widespread expectations that OPEC and Russia would agree some form of production cut next week.


from Reuters: Business News https://ift.tt/2DUIXLA

Former Autonomy boss Lynch to fight U.S. fraud charges

The United States has filed criminal charges against British entrepreneur Mike Lynch over the $11 billion sale of Autonomy to Hewlett-Packard seven years ago, accusing him of making false statements that inflated the value of the software group.


from Reuters: Business News https://ift.tt/2Pb3Hk6

Oil toils after worst month in a decade

Oil toiled at a more than one-year low after its worst month in a decade on Friday, while most major markets were keeping moves tight ahead of a weekend meeting between U.S. and Chinese presidents Donald Trump and Xi Jinping.


from Reuters: Business News https://ift.tt/2PalyHC

Russia thinks Trump canceled Putin meeting for domestic reasons

Russia believes U.S. President Donald Trump canceled his meeting with Vladimir Putin due to domestic issues rather than the Ukraine situation, its foreign ministry said on Friday.


from Reuters: Business News https://ift.tt/2BHczun

German leader Merkel on her way to G20 after plane problem


German leader Merkel on her way to G20 after plane problem



German Chancellor Angela Merkel is finally on her way to Argentina for the Group of 20 summit after a technical problem with her plane forced her to change plans and stay overnight in Bonn.

To encourage more use, Instagram to allow sharing with fewer


To encourage more use, Instagram to allow sharing with fewer



A new Instagram feature aims to make it easier to share photos and videos with fewer folks.

Trump to meet with several tech CEOs amid rising tensions


Trump to meet with several tech CEOs amid rising tensions



President Donald Trump will meet with top executives from Google, Microsoft, Oracle and Qualcomm next week during a White House roundtable that could touch upon some the sticking points in the increasingly prickly relationship between his administration and the technology industry.

Honeywell expected to announce HQ move to North Carolina


Honeywell expected to announce HQ move to North Carolina



Industrial conglomerate Honeywell International Inc. is expected to announce that it is moving its headquarters from New Jersey to Charlotte, North Carolina.

Army wants Microsoft's HoloLens headsets for battlefield


Army wants Microsoft's HoloLens headsets for battlefield



Virtual- and augmented-reality headsets haven't had much traction in the consumer market, but they're finding a place on the battlefield.

New moms claim Amazon Baby-Registry ads deceived their friends


New moms claim Amazon Baby-Registry ads deceived their friends



A new report found that Amazon gets paid hefty sums to sponsored products on registries.

Volkswagen eyes North American expansion, just days after GM closures


Volkswagen eyes North American expansion, just days after GM closures



"We are 100 percent deep in the process of 'We will need an electric car plant in North America,’” the CEO said.

An old favorite joins battle for most valuable company


An old favorite joins battle for most valuable company



A funny thing happened in the competition to be the most valuable public company in the U.S. Apple became the first U.S. company valued at $1 trillion in August, and Amazon briefly joined it a month later.

Burger chain Jack in the Box exploring sale: Report


Burger chain Jack in the Box exploring sale: Report



A sale would be the latest in a series of deals in the fast food sector this year.

The gender pay gap may be worse than you thought


The gender pay gap may be worse than you thought



The report found that women actually earn less than half of what a man typically earns.

Bayer to slash 12,000 jobs, sell businesses after Monsanto deal


Bayer to slash 12,000 jobs, sell businesses after Monsanto deal



The changes are expected by the end of 2021.

World leaders set to convene Argentina summit clouded by disputes

A summit of the world’s top economies will open on Friday with leaders struggling over fallout from a U.S.-China trade war that has roiled global markets and bracing for the kind of divisive geopolitical drama that President Donald Trump often brings to the international stage.


from Reuters: Business News https://ift.tt/2zwLad2

German Air Force says Merkel plane landed early due to electric failure

An electronic failure caused a plane carrying Chancellor Angela Merkel to the G20 summit in Argentina to made an unscheduled landing, a German Air Force spokesman said on Friday.


from Reuters: Business News https://ift.tt/2RprEWH

Japan-France spat over Renault-Nissan brews as Ghosn remains jailed

Tokyo authorities extended the detention on Friday of ousted Nissan Motor Co chairman Carlos Ghosn for 10 days, media said, amid signs of a brewing diplomatic feud over the balance of power at the troubled Renault-Nissan alliance.


from Reuters: Business News https://ift.tt/2DSjX7p

N Korea hackers stole $1.3bn of crypto this year - report

Some incidents may be linked to North Korean IT workers infiltrating tech firms, according to research firm Chainalysis. from BBC News htt...