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Finance

The national carriers of Saudi Arabia and Jordan said they are banning items such as laptops and tablets inside the cabin. They will have security staff to take the devices at the gate just before boarding the flight. With the new restrictions in place, Indians can now look forward to Emirates' services and Royal Jordanian's sense of humour as a substitute for their electronics.
  • Brazilian president defends meat processors amid rotten meat scandal

    Brazilian president defends meat processors amid rotten meat scandal

    Finance

    While the media reports referenced a number of second and third-tier meat processing and value-adding companies, some of the largest processors in Brazil, included BRF and JBS, have also been accused by media of wrongdoing. "We don't use national brands because their quality has fallen over the last three years". "We have complete confidence in our approach to food safety and product quality in Brazil, and in all of our operations around the world".
  • Justin Kuijer: Man Wanted In Niagara For Murdering Stepson

    Justin Kuijer: Man Wanted In Niagara For Murdering Stepson

    Finance

    Police did not immediately reveal the cause of death. He is also wanted in a case of attempted murder, according to Phil Gavin, Niagara Regional Police Media Relations Officer. Kuijer still outstanding", Gavin said. "Nathan would have made a big difference in this cruel world". "But we can't do that (donate Nathan's organs) because of the measures they took to try and save his life".
  • European Shares Seen Up After Dutch Vote Result

    European Shares Seen Up After Dutch Vote Result

    Finance

    European shares dipped on Tuesday, weighed down by bank and energy stocks, as well as uncertainty over elections in the Netherlands and a USA interest rate decision. The Nasdaq was flat, while the Dow and the S&P 500 posted losses. Another factor impacting the loonie was USA oil inventories coming in at lower levels than expected.
  • Tesla Offers $250 Million Of Common Stock + $750 Million Convertible Senior Notes

    Finance

    The press release continues: "The aggregate gross proceeds of the offerings, including the options granted to the underwriters, is expected to be approximately $1.15 billion". The 1.3 million shares sold represents about 0.8 percent of Tesla's outstanding shares as of December 31. Tesla also hasn't provided an update on the number of reservations taken for the Model 3, which is believed have sold out for the first year; advance reservations totaled 373,000.
  • Tokyo stocks edge lower as yen rises after Fed meeting

    Tokyo stocks edge lower as yen rises after Fed meeting

    Finance

    Economists had forecast a 0.1 percent rise. The Dow Jones industrial average fell 0.1 percent, to 20,934.55. Britain's FTSE 100 shed 0.1 percent to 7,358 while France's CAC 40 fell 0.6 percent to 4,968. ANALYST'S VIEWPOINT: "On the one hand, the market ponders a surprise hold, in which massive unwinding of positions could take place with the hike already priced in", said Jingyi Pan, a market strategist at IG in Singapore.
  • Russian security officers being charged in Yahoo security breach

    Russian security officers being charged in Yahoo security breach

    Finance

    Yahoo disclosed the breach a year ago, and pointed the finger at a "state-sponsored actor". "During the conspiracy, the FSB officers facilitated Belan's other criminal activities, by providing him with sensitive FSB law enforcement and intelligence information that would have helped him avoid detection by US and other law enforcement agencies outside Russian Federation, including information regarding FSB investigations of computer hacking and FSB techniques for identifying criminal ...
  • Pandora Premium Music Streaming Launched For $10 A Month

    Pandora Premium Music Streaming Launched For $10 A Month

    Finance

    Pandora has about 81 million listeners for its regular service, which more resembles radio because it streams a playlist of songs based on the listener's tastes. Pandora Premium is now currently available on both Android and iOS, Google Chromecast, as well as across automotive consoles. Wedbush's 2017 revenue estimate may prove to be conservative, and it thinks Pandora could deliver upside should conversion to on-demand scale more rapidly than it has modeled.
  • Florida deputy saves jet skiers seconds before cruise ship hits them

    Florida deputy saves jet skiers seconds before cruise ship hits them

    Finance

    Doug Brown who not only maintained communication with Deputy Primmer, but was able to safely veer the ship, which provided Deputy Primmer the extra seconds needed to save the young girls", he added. Thankfully, they were spotted by Primmer, who bravely steered his boat into the path of the ship and quickly pulled the two girls onboard. Around 4:45 p.m., Brevard sheriff's deputy and member of the SeaPort Security Marine Unit Tanner Primmer traveled in a rescue boat to the women to bring them ...
  • Brexit bill backing: A

    Brexit bill backing: A "defining moment", says PM

    Finance

    The European Parliament's chief Brexit negotiator has warned against trying to sideline the assembly once talks over the UK's exit from the EU begin. The upper chamber backed a Labour-led change calling for ministers to take action to ensure the rights of European Union nationals continue within three months of Article 50 being triggered.
  • What a Fed rate hike means for you

    What a Fed rate hike means for you

    Finance

    The US rate hiking cycle will also underpin dollar strength, which will continue to erode the export competitiveness of the GCC's non-oil sector. "Markets fully expect a rate rise, so market reaction is likely to be muted unless the Fed disappoints, which would lead to lower bond yields and a lower dollar, although that is not our expectation", Mike Bell, global market strategist at JP Morgan Asset Management, wrote in a note.