Business
E. Coli Outbreak in Ontario, Quebec Linked to Romaine Lettuce
Until these agencies have a better handle on where this lettuce may have originated, the FDA "advises that consumers should not eat and discard romaine, or any mixed salads containing romaine, until more inforkatiomz on the source of the contamination and the status of the outbreak can be determined". [Full Article...]
Apple cuts production orders for all three new iPhone models
The iPhone XR , Apple's "cheap" entry-level model's production was cut down , as it was not performing as well as expected sales-wise. iPhone component makers are in turmoil, claims a WSJ report, as a result of Apple having to slash production orders for the iPhone XS , iPhone XS Max , and the iPhone XR as a result of weaker than expected demand. [Full Article...]
Best Windows laptops Black Friday deals: Dell, HP, Lenovo, and more
While most shoppers know this day as Black Friday , not everyone is aware of how the holiday actually got its name. But Springboard said online spending for Black Friday is not rising as fast as in the past, amid economic pressures and scepticism over claimed savings. [Full Article...]
Renault refrains from ousting Ghosn; names Bollore interim leader
French automobile group Renault chose to appoint two interim heads of the company to replace Carlos Ghosn , who remains as Chairman and Chief Executive Officer but is "temporarily incapacitated", the company announced in a statement . At a news conference in Japan late on Monday, Saikawa outlined three broad categories of accusation against Ghosn: under-reporting of compensation; misrepresenti... [Full Article...]
Oil prices drop sharply as supply concerns resurface
Oil prices plummeted on Tuesday, snapping four days of gains and renewing a sell-off that has plunged crude futures into bear market. Though it is nearly certain that the group will resort to a production cut, the exact quantum of cut will be decided only at the meeting. [Full Article...]
RBI and govt to finalise panel on surplus transfer within a week
The RBI board will hold its next meeting 14 December. Finance Ministry nominees and some independent directors are expected to take on Patel and his four deputies over issues ranging from MSME credit to the central bank's reserves, though both sides are in favour of reaching a common ground. [Full Article...]
Reports say Nissan's Ghosn questioned over financial reports
Mr Ghosn under-reported his income by as much as $44 million (Dh161m) over the course of five years, according to Kyodo news agency. Nissan's board is now set to meet on Thursday, when it is expected to agree to sack Ghosn and Representative Director Greg Kelly. [Full Article...]
Apple Cuts New iPhone Production by 30 Percent
Shares of Apple Inc . resumed its decline with a 3.5% fall after the Wall Street Journal reported the company has cut production orders in recent weeks for all three iPhone models launched in September. At 12:59 p.m. EDT the Dow Jones Industrial Average was down 392.90 points, or 1.55 per cent, at 25,020.32, the S&P 500 was down 40.74 points, or 1.49 per cent, at 2,695.53 and the Nasdaq Composi... [Full Article...]
China downplays failure to reach APEC joint statement
Australian Prime Minister Scott Morrison used his speech at APEC to strongly criticize the US-China trade war while inviting other nations to participate in a revamped Trans-Pacific Partnership. "It goes beyond that to freedom of navigation in the seas, concerns about human rights". Prior to Pence's comments, China's Xi Jinping lashed out at U.S. [Full Article...]
May says her ouster wouldn't make Brexit talks easier
Luxembourg's foreign minister says there is "no better" Brexit deal for Britain than the one that was finalized last week. After a meeting with European Union ministers, Barnier said that "the ministers support the overall package" of 585 pages that make up the agreement and the principle of a one-off extension of the transition period which is supposed to be limited to the end of 2020 at this... [Full Article...]
Carlos Ghosn Arrested Over Misconduct In Japan, Nissan Preparing To Fire Him
The firm said it had been conducting an internal investigation for several months which showed Mr Ghosn had been under-reporting his compensation. Nissan Group CEO Carlos Ghosn , widely credited as the father of the Nissan Leaf, allegedly lied about his salary to investors and used company assets for personal use, the automaker said Monday. [Full Article...]
‘Seeking justice’: parents of Lion Air victim file lawsuit against Boeing
The incident comes as authorities continue to search for the bodies of passengers from the fatal crash of the Lion Air flight JT610, which plunged into the Java Sea en route to Pangkal Pinang . Zwingli said that if the result of the ongoing investigation - conducted by Indonesia's National Transportation Commission, the US National Transportation Safety Board and Boeing - found that additional tra... [Full Article...]
Video shows cleaners at luxury hotel wiping cups with toilet brush
The captions indicated that the incident was filmed at the Le Royal Meridien Shanghai, and that he had paid 1,600 yuan ($317) a night for the room. The video has been viewed more than 30 million times. The video, which was posted November 14, shows a housekeeper at the Waldorf Astoria Hotel in Shanghai using a single sponge to clean cups and the sink. [Full Article...]
One dead, dozens injured in French protests over fuel prices
According to French media reports , the protesters knocked on the woman's vehicle as she tried to take her daughter to hospital Saturday local time. "The yellow jackets must understand this is a peaceful movement", she said . "The protesters were united in two things: the first was the symbol of their protest, the yellow vest they were wearing; and the second was that they were angry and frustra... [Full Article...]
FDA Commissioner Moves to Remove Flavored Vapor Products From C-stores
As part of a series of measures outlined on Thursday, he said that the agency would limit sales of most types of flavored e-cigarettes to specialized stores and online retailers that can verify a purchaser's age. "The banning of flavors, popular among teens, would definitely be an important step in curbing the growing epidemic of e-cigarettes among youth", said Patricia Folan, director of the Cent... [Full Article...]
Jennie-O products recalled after one death linked to salmonella outbreak
According to the agency, Jennie-O Turkey Store Sales is recalling 91,388 pounds of raw ground turkey products. The patient tested positive for the disease, and investigators tested an unopened package and found a sample matched the outbreak strain. [Full Article...]
China says high-level trade talks with USA have resumed
A deal to resolve the dispute would be a huge breakthrough on the issue that has dominated much of Trump's two years in office, blowback from which threatens to take the steam out of the USA economy. Vice President Mike Pence said that the Trump administration does not plan to budge in its trade dispute with China, even if that means a cold war. [Full Article...]
Drunk Irish woman arrested after Air India rant
Who are worldwide criminal lawyers for the Palestinian people?" the woman asks before turning to one flight attendant and saying, "I'm working for all your people". "Do you understand me?" She starts to return to her seat and she continued to shout that she will "turn you inside f***ing out, you f***ing stupid c***s!" 'Give me a bottle of wine and game over!' In a separate incident in March ... [Full Article...]
BREXIT: EU divorce deal in peril after two UK Cabinet ministers quit
A defiant May insisted Brexit meant making "the right choices, not the easy ones" and urged lawmakers to support the deal "in the national interest". "We can choose to leave with no deal". As the chaos within government circles gathers momentum, calls for a second "people's vote" over the issue of Brexit is also gaining ground. But May, the weakest British leader in a generation, now faces the o... [Full Article...]
Opec vows to act to stabilise oil price amid market jitters
This sharp drop not only marks the end of the current twelve-day decline streak but also is the lowest mark for the last twelve months as well, furthering the plunge into a bear market. move to allow some Iranian oil shipments to continue even after the imposition of sanctions on the Persian Gulf state , as well as rising American inventories and record output. [Full Article...]