Poundworld facing administration: 355 stores risk closure and 5300 jobs threatened

The company's management say they are in talks with other potential buyers, and it is thought that Poundworld's founder, Chris Edwards, might take on the business. The firm's cash reserves are running low and it is considering filing the notice as it... More..

by | Published 13 days ago
Bitcoin crashed after another crypto exchange got hacked
by | Monday, June 11, 2018

Bitcoin crashed after another crypto exchange got hacked

Coinrail confirmed in a statement on its website that some of the exchange's digital currency appears to have been stolen by hackers, but it did not quantify its value. The frozen tokens are Pundi X (NPXS), ...More..

by | Monday, June 11, 2018

5,000 jobs at risk as Poundworld slides towards administration

Joint administrator Clare Boardman said: "The retail trading environment in the United Kingdom remains extremely challenging and Poundworld has been seeking to address this through a restructure of its business...More..

Korea leader Kim may tour economic facilities in Singapore
by | Monday, June 11, 2018

Korea leader Kim may tour economic facilities in Singapore

Pompeo spoke as top officials from the two countries continued negotiations in Singapore ahead of the meeting between Trump and Kim. "I want, once more , to offer the beloved people of Korea an especial ...More..

by | Monday, June 11, 2018

Trump withdrew from G7 statement to show toughness: Kudlow

In response to USA duties, Canada has already issued its own tariff threats, which Trudeau said would go into effect on July 1. Prime Minister Justin Trudeau , in a statement: "We are focused on everything...More..

Robert De Niro yells 'F--k Trump' at Tony Awards
by | Monday, June 11, 2018

Robert De Niro yells 'F--k Trump' at Tony Awards

The Tony for best revival of a musical - a category that generated suspense - was won by the musical " Once On This Island ", beating out the beefier Lincoln Center revival of " My Fair Lady " and the Broadway ...More..

Minot store sells $150000 Powerball victor
by | Monday, June 11, 2018

Minot store sells $150000 Powerball victor

I think your machine is not working'. A lottery official confirmed the victor is from northern New Jersey but didn't say where. "What do you mean by, 'Oh my God?'" he asked her. "When he told me we won, I...More..

Petrol, diesel prices cut for 11th consecutive day
by | Monday, June 11, 2018

Petrol, diesel prices cut for 11th consecutive day

Over the 16-day period, petrol prices rose by nearly Rs 4 across the country while diesel rates went up by around Rs 3.3. Besides Delhi , the revised petrol prices in other metro cities are - ₹ 80.07 in Kolka...More..

Airbnb cancels thousands of reservations in Japan amid rule change
by | Monday, June 11, 2018

Airbnb cancels thousands of reservations in Japan amid rule change

The Shinjuku ward of central Tokyo, for example, prohibits lodging in residential areas on weekdays, while Kyoto limits stays in such locations to about 60 days between January and March for hosts without a spe...More..

Tyson recalls breaded chicken over plastic contamination
by | Sunday, June 10, 2018

Tyson recalls breaded chicken over plastic contamination

The department warned that the alleged contaminated products have the number "P-746" on the package. The products being recalled were not available for purchase in retail stores. Anyone who is concerned about...More..

Kia recalls 507,000 vehicles in US for air bag issues
by | Sunday, June 10, 2018

Kia recalls 507,000 vehicles in US for air bag issues

Kia's recall includes Forte models 2010 to 2013, Optima models 2011 to 2013, Optima Hybrid models 2011 to 2012 and Sedona vehicles. The carmaker said that the airbag control unit may short circuit as they ar...More..

Two Vancouver Island tickets share Max Millions
by | Sunday, June 10, 2018

Two Vancouver Island tickets share Max Millions

The winning numbers in the Lotto Max draw were 12, 25, 27, 29, 34, 44 and 45. There were also four Max Millions winning tickets sold in B.C. Another lucky lotto victor in the Thunder Bay area is $500,000 ri...More..

by | Sunday, June 10, 2018

Unemployment drops in Calgary while national rate remains steady

Canada's employment dropped in the month of May. The Canadian labour market is coming off of a robust 2017 and economists expect the pace of job creation to slow this year. British Columbia has the lowest une...More..

Trump departs G7 ahead of climate change talks
by | Sunday, June 10, 2018

Trump departs G7 ahead of climate change talks

Speaking at a news conference, Mr Trudeau said: "I highlighted directly to the president that Canadians did not take it lightly, the United States' move forward with significant tariffs on our steel and a...More..

BT boss Gavin Patterson to step down
by | Sunday, June 10, 2018

BT boss Gavin Patterson to step down

Jan du Plessis, the chairman of BT, said: "The Board is fully supportive of the strategy recently set out by Gavin and his team". Chief Financial Officer Simon Lowth was a potential successor , they said, bu...More..

by | Sunday, June 10, 2018

Trump exits G7 with trade warning: Retaliatory tariffs would be 'mistake'

For the past week, it was an open question in official Ottawa whether Trump would actually show up, given his recent trade actions against the other G7 countries and his increasingly antagonistic comments about...More..

KFC announces a vegetarian chicken option is coming to the UK
by | Sunday, June 10, 2018

KFC announces a vegetarian chicken option is coming to the UK

That's because the fried chicken giant is reportedly testing out-dare I say tasting out-some vegetarian meat alternatives. In a statement to the website, KFC said: "once we've perfected the recipe we ai...More..

U.S. urges OPEC to raise oil production by 1million
by | Sunday, June 10, 2018

U.S. urges OPEC to raise oil production by 1million

Saudi Arabia , the world's largest oil exporter, raised pricing on key crude grades for buyers in Asia to the highest since 2014 as demand builds in the country's biggest market amid threats to rival supplier...More..

Trump turns tables on G7 allies with free trade `proclamation'
by | Sunday, June 10, 2018

Trump turns tables on G7 allies with free trade `proclamation'

In an "extraordinary" exchange between the leaders on Friday (local time ), Mr Trump repeated a list of grievances about USA trade - mainly with the European Union and Canada , a French presidency official ...More..

by | Sunday, June 10, 2018

Trump Throws Allies Curveball, Proposes G7 'Zero Tariff' Trade Zone

President Trump concluded his visit to the Group of Seven summit on Saturdaywith warnings to US allies, saying if they don't eliminate barriers to trade, they could lose access to the USA economy. Vladimir...More..

UPS workers authorize strike
by | Saturday, June 09, 2018

UPS workers authorize strike

A national pact with the union covers about 260,000 UPS workers, and the current contract expires July 31 . UPS started making regular Saturday deliveries previous year, and while it has not yet unveiled pla...More..

Verizon names chief technology officer as new CEO
by | Saturday, June 09, 2018

Verizon names chief technology officer as new CEO

Verizon Communications (VZ) said Chief Executive Lowell McAdam will step down effective August 1 and will be replaced by Hans Vestberg, a former Ericsson ( ERIC ) executive who joined the company in 2017 a...More..

U.S. once again boasts the world's fastest supercomputer
by | Saturday, June 09, 2018

U.S. once again boasts the world's fastest supercomputer

For the past five years, China has had the world's fastest computer, a striking symbolic achievement that highlighted the nation's ambitions and progress in high-tech. At Friday's unveiling ceremony of Summit O...More..

China's ZTE to pay $1 billion fine to end USA sanctions
by | Saturday, June 09, 2018

China's ZTE to pay $1 billion fine to end USA sanctions

The US banned access to US suppliers in April after finding ZTE violated a settlement reached after it admitted to shipping goods to Iran and North Korea, countries subject to US trade sanctions. He was reass...More..

Jamie Dimon, Warren Buffett urge CEOs to end quarterly earnings forecasts
by | Saturday, June 09, 2018

Jamie Dimon, Warren Buffett urge CEOs to end quarterly earnings forecasts

Dimon , who appeared in a joint CNBC interview with Berkshire Hathaway chief executive and billionaire business magnate Warren Buffett , has in the past been very sceptical of the crypto, labelling it a "frau...More..

Calgary company can capture Carbon dioxide at a cost of $94 per ton
by | Saturday, June 09, 2018

Calgary company can capture Carbon dioxide at a cost of $94 per ton

A British Columbia company says in newly published research that it's doing just that - and for less than one-third the cost of other companies working on the same technology. That could drive a market for ...More..

Apple warns suppliers that iPhone demand is falling
by | Saturday, June 09, 2018

Apple warns suppliers that iPhone demand is falling

All of the 2018 iPhones will have FaceUnlock with TrueDepth technology that was initially introduced with the iPhone X. Apple did not immediately respond to a request for comment. In any case, Apple i...More..

London share trading opens one hour late today
by | Saturday, June 09, 2018

London share trading opens one hour late today

Credit Suisse maintained the shares of LSE in report on Thursday, January 11 with "Outperform" rating. London Stock Exchange Group PLC had 19 analyst reports since December 20, 2017 according to SRatingsIntel...More..

Google co-founder's flying auto company is taking pre-orders
by | Saturday, June 09, 2018

Google co-founder's flying auto company is taking pre-orders

Kitty Hawk's Cora air taxi is being tested in Canterbury. Kitty Hawk explains that the Flyer is considered an Ultralight by the Federal Aviation Administration, so you don't need a pilot's license to ope...More..

The G7 question: How do we America-Proof the West?
by | Saturday, June 09, 2018

The G7 question: How do we America-Proof the West?

But what is the G7, and why is the outlook for this year's meeting so glum? Before the president arrived at the summit, he criticized Canadian tariffs on US dairy products, adding that he was "looking forward...More..

Trump to leave G7 summit early amid feud with Trudeau, Macron
by | Saturday, June 09, 2018

Trump to leave G7 summit early amid feud with Trudeau, Macron

President Donald Trump on Friday threatened to "terminate" the North American Free Trade Agreement (NAFTA) if he is not able to reach a trade deal at the G7 Summit . "I think we'll have a joint statement", T...More..

Production Porsche Mission E To Be Called The Taycan
by | Saturday, June 09, 2018

Production Porsche Mission E To Be Called The Taycan

Porsche has billed the Taycan as a track-capable EV, created to support multiple jump starts in quick succession without power loss due to battery overheating. It will have a range of over 300 miles, produce...More..

Trump ramps up Twitter criticism of Canada ahead of G7 getting underway
by | Saturday, June 09, 2018

Trump ramps up Twitter criticism of Canada ahead of G7 getting underway

At the time, he mentioned he was open to renegotiating the pact, but other members expressed resistance to that idea. Trump's comments Friday on Russian Federation also could alienate him from his own party. ...More..

Kinder Morgan Inc (KMI) Holding Boosted by Independent Portfolio Consultants Inc
by | Saturday, June 09, 2018

Kinder Morgan Inc (KMI) Holding Boosted by Independent Portfolio Consultants Inc

Point72 Asia (Hong Kong) owns 41,386 shares or 0.32% of their United States portfolio. Principal Financial Group Inc. now owns 3,599,008 shares of the pipeline company's stock worth $83,245,000 after buying an ...More..

Trump Insults Canada In Private Phone Call With Trudeau Over Tariffs
by | Friday, June 08, 2018

Trump Insults Canada In Private Phone Call With Trudeau Over Tariffs

World leaders including Canadian Prime Minister Justin Trudeau are expected to raise the issue of tariffs with US President Donald Trump . But the negotiations have bogged down amid efforts to satisfy Tr...More..