http://KRIS.images.worldnow.com/images/15973460_G.jpg

Economy

A Nigerian migrant was arrested in connection with her death. The shooting came a day after a Nigerian man was arrested in the town over the brutal murder of 18-year-old Italian girl Pamela Mastropietro. Several racist comments calling for revenge attacks were posted on the Facebook page of the victim's mother in the run up to Saturday's shootings, Ansa reports .
  • Top Surfwear CEO Goes Missing Off Coast of France

    Top Surfwear CEO Goes Missing Off Coast of France

    Economy

    According to the World Surf League, Agnes left Capbreton Harbor at 7.30am on Tuesday and his boat was found two hours later. Mr Agnes had earlier sent a message to port authorities, expressing that he would not be returning until later, because thick fog had set in.
  • Emotional support peacock denied flight by United Airlines

    Emotional support peacock denied flight by United Airlines

    Economy

    A United Airlines spokesperson, however, claimed that the woman had been warned that her peacock would not be allowed on board. " We explained this to the customer on three separate occasions before they arrived at the airport ", the airline said in its statement to the peacock network.
  • Lockheed Martin Q4 Results Beat View; Shares Rise

    Lockheed Martin Q4 Results Beat View; Shares Rise

    Economy

    Lockheed Martin Corp now has $98.89 billion valuation. Lockheed Martin (NYSE: LMT)'s stock had its "neutral" rating restated by Credit Suisse Group in a research note issued on Friday, January 19th. Lockheed reported a loss of $642 million for the December quarter compared with a profit of $988 million a year earlier as it booked a $1.9 billion charge for tax adjustments.
  • Facebook prepares for GDPR by publishing 'privacy principles' for the first time

    Facebook prepares for GDPR by publishing 'privacy principles' for the first time

    Economy

    This year, we'll introduce a new privacy center that features core privacy settings in a single place. Facebook, which isn't famed for its transparent stance on privacy , also said on Monday that it works with designers, developers, privacy professionals and regulators to get input on its data practices and policies, adding that it's "constantly working" to develop new controls and design them in ways that explain things to people clearly.
  • Hunt for second man after teenagers die in Hayes auto crash

    Hunt for second man after teenagers die in Hayes auto crash

    Economy

    The three lads, aged 16 and 17, were walking to a friend's birthday party just 900-yards away at football club Goals. Meanwhile the suspected driver was taken to a west London hospital for treatment and subsequently transferred to a north London police station where he remains in custody.
  • Flamethrowers: Has Elon Musk lost his mind?

    Flamethrowers: Has Elon Musk lost his mind?

    Economy

    Almost two months later, a seemingly playful joke turned oddly real with Musk noting that a flamethrower could come in handy. There is no real explanation as to why he is selling flamethrowers beyond the fact that he can and clearly thinks its amusing.
  • FDA vote throws doubt on iQOS as reduced-risk product

    FDA vote throws doubt on iQOS as reduced-risk product

    Economy

    The new technology, called IQOS, consists of a tube that gently heats up sticks of tobacco instead of burning them. If the panel endorsed IQOS, the device would be the first tobacco product marketed under a "modified risk" claim in the USA, suggesting it's safer than smoking.
  • Mario Draghi helps the Euro to gain strength

    Mario Draghi helps the Euro to gain strength

    Economy

    Biogen Inc gained 3.32 percent before the opening bell after the drugmaker reported fourth-quarter revenue that beat Wall Street estimates on higher sales of its recently launched drug Spinraza. The European Central Bank has left its interest rates and policy statement unchanged amid predictions that it will soon start signaling an exit from its extraordinary stimulus efforts.
  • S&P, Dow hit records on upbeat Intel, AbbVie earnings

    S&P, Dow hit records on upbeat Intel, AbbVie earnings

    Economy

    The Dow is up 1,673.57 points, or 6.8 percent. The dollar index, which measures the greenback against a basket of six major currencies, was down 0.44 percent at 89.002, and on track for its worst weekly performance since May. Fourth-quarter gross domestic product increased at a 2.6 per cent annual rate, the Commerce Department reported. The dollar continued to weaken. The Dow Jones industrial average added 171 points, or 0.7 percent, to 26,422.
  • Coincheck lost $530 million worth of crypto coins to hackers

    Coincheck lost $530 million worth of crypto coins to hackers

    Economy

    Saturday. Coincheck stopped trading, withdrawal, and deposits of XEM, NEM's cryptocurrency, at 04:00 UTC this morning. The hack is one of the biggest ever, nearly matching the $500 million loss from the Mt. In April 2017, the agency revised the payment services law to require that virtual currency exchanges become registered. Other cryptocurrencies including Bitcoin, Ether and Litecoin also gained.
  • PSU bank stocks tumble up to 7% on recap announcement

    PSU bank stocks tumble up to 7% on recap announcement

    Economy

    Rajeev Kumar, secretary, Department of Financial Services, said the government will infuse Rs 88,139 crore capital into PSBs by March 31, but recapitalisation will be tied to performance and reforms. "This should allow these banks to make proper provisions on their bad loans, helping to clear system asset quality", says a Morgan Stanley report. He said, every deposits of the people in banks are safe as banks are the article of faith.
  • Jerome Powell confirmed as the Fed's next chairman

    Jerome Powell confirmed as the Fed's next chairman

    Economy

    Jerome H Powell will be the next chairperson of the United States Federal Reserve , and will succeed Janet Yellen when her term ends in February, Reuters reported . Elizabeth Warren, D-Mass., said she was concerned that Powell "will roll back critical rules that help guard against another financial crisis". Powell has signalled that he favours ways to make bank regulations less onerous, especially for smaller community banks.
  • Convicted nurse Niels Hoegel charged with murdering 97 patients in Germany

    Convicted nurse Niels Hoegel charged with murdering 97 patients in Germany

    Economy

    The convict himself claimed that he had killed over 80 patients in the intensive care units of hospitals in the cities of Delmenhorst and Oldenburg by giving them a lethal dose of medication. Additional convictions could affect Hoegel's possibility of parole, but there are no consecutive sentences in Germany. In general, people serving life sentences are considered for parole after 15 years.
  • Job pressure to assist corporations and staff hit by Carillion…

    Job pressure to assist corporations and staff hit by Carillion…

    Economy

    But Mr Lidington was also forced to defend the Government's actions amid anger at ministers' relationships with Carillion . Lloyds said it wanted to provide "reassurances" at an "unsettling" time. TUC general secretary Frances O'Grady welcomed the formation of the task force. These included work on the HS2 railway, the construction of new schools and hospitals, the building of the Aberdeen bypass and catering contracts with both schools and the Ministry of Defence.
  • You'll soon be paying more for monthly Amazon Prime

    You'll soon be paying more for monthly Amazon Prime

    Economy

    Annual memberships for students will stay at $49. The online retail giant is likely trying to push users to its annual Prime plan, which has always been a better deal for those planning to stick with the service for a while. Amazon shares are up 1% in Friday trading and up 60% for the past 12 months. Amazon said it has invested in making Prime more valuable to its members, making more items eligible for Prime shipping and increasing the video offerings.
  • 2 more deaths in North Dakota attributed to flu

    2 more deaths in North Dakota attributed to flu

    Economy

    There have been more than 300 hospitalizations this season. "None of these vaccines can actually cause the flu". Robin McDonald of Good Samaritan Hospital says many people over 65 have conditions that the flu will aggravate, and that can contribute to their death.
  • DJ shoots 64 to surge up leaderboard in Abu Dhabi

    DJ shoots 64 to surge up leaderboard in Abu Dhabi

    Economy

    Sharma, teeing off from the first, ran into early trouble with bogeys on second and third, but a birdie on fifth settled him. Sharma, who won the Joburg Open last month for his maiden victory outside India as a professional, had four birdies against two bogeys in the second round.
  • Hong Kong activist Joshua Wong jailed again over protest

    Hong Kong activist Joshua Wong jailed again over protest

    Economy

    The 2014 protests saw thousands of demonstrators - mostly young students - camp out in tents on major roads, defying the demands of Chinese authorities to leave. Hong Kong's 20 years under Chinese rule - A failed project? Campaigners fear that the raft of cases against activists and the jail terms handed down to democracy leaders are discouraging young people from expressing their views and exercising their right to peaceful protest.
  • The risk of global political or economic confrontation is rising

    The risk of global political or economic confrontation is rising

    Economy

    The World Economic Forum (WEF) has raised concerns over what it says is the economic impact of new technologies in a report on global risks released Wednesday . "Unfortunately we now observe a "too-little-too-late" response by governments and organisations to key trends such as climate change ". "The aggregate cost of cyberattacks is now estimated at more than US$1tn per year versus roughly US$300bn experienced in 2017 from losses to natural catastrophes, and that was a record year".
  • Inflation rate falls to 3% in December

    Inflation rate falls to 3% in December

    Economy

    Inflation has rocketed from 0.5 per cent since the Brexit vote in June 2016 largely as a result of the 20 per cent fall in the pound against the dollar; this has brought misery for households as prices overtook pay. However, pressure in the pipeline grew as factory gate prices rose, confounding predictions of a fall. Brettell said if you strip out the Brexit noise, the UK's underlying economic situation doesn't look materially different from the rest of the developed world.
  • Padmaavat finally gets official release date

    Padmaavat finally gets official release date

    Economy

    It still banned from releasing in Rajasthan and Gujarat. He claimed that a three-member panel that was shown the movie has opined that it should not be released , adding that the film is likely to be shown to another six persons. He said that the allegations were baseless as neither the film had been released, nor a trailer was out. We hope we will surpass the expectations of our fans from across the world.
  • SpaceX scheduled to test fire Falcon Heavy rocket Thursday

    SpaceX scheduled to test fire Falcon Heavy rocket Thursday

    Economy

    Its Falcon 9 rocket "performed nominally", it said. "For clarity: after review of all data to date, Falcon 9 did everything correctly on Sunday night", she said. The mission, backed by the U.S. government, has become the talk of the town because neither the agency behind the liftoff nor the Pentagon are taking responsibility or sharing details about it post the liftoff.
  • Walmart giving employees $1000 bonuses, raising minimum wage

    Walmart giving employees $1000 bonuses, raising minimum wage

    Economy

    The big-box giant said Thursday it will raise its minimum wage in February to $11 per hour and pledged to give one-time bonuses to eligible employees of between $200 and $1,000. Walmart says it is raising hourly pay to $11 from $9 as a result of the new U.S. tax law. The Economic Policy Institute estimates that an inflation-adjusted minimum wage would be $11.62 in 2017, although Tsedeye Gebreselassie, senior staff attorney at the National Employment Law Project, said this doesn't take ...
  • Trump administration requests $18 billion for border wall

    Trump administration requests $18 billion for border wall

    Economy

    Trump in September ordered that an Obama-era program that prevented young immigrants from being deported should end in six months. Trump has previously said there will be no DACA without funding for the border wall he promised during his campaign as well as changes to tighten the immigration system.
  • Trump plans to expand offshore drilling in Pacific and Atlantic

    Economy

    Nineteen sales would be off Alaska, 12 in the Gulf of Mexico, nine in the Atlantic and seven in the Pacific, including six off California. During the last federal push to open up oil drilling in the 1980s, the City of Santa Cruz passed a measure that banned new onshore oil facilities, including pipelines, unless it went to a public vote.