Business

Pee on this Ikea ad for a surprise

Pee on this Ikea ad for a surprise Award-winning Swedish advertising agency Akestam Holst created an ad for Scandinavian furniture giant that doubles as a pregnancy test , Adweek reported Wednesday . According to Ad Week, Ikea worked with Mercene Labs to come up with the advert, which had to make "several technical advancements" in order to make the coupon work. [Full Article...]

U.S. crude stocks drop, fuel inventories up

U.S. crude stocks drop, fuel inventories up Department of Energy. Surging shale production, which is being driven by a recent recovery in oil prices, will ensure that U.S. output continues to rise to over 11 million barrels a day by the end of 2019, it wrote in its regular... There is also a wide price differential between Canadian grades and the USA crude benchmark. Despite the rising production, oil prices edged higher on Tuesday, w... [Full Article...]

Independent retail bodies welcome 5p bag charge extension

Independent retail bodies welcome 5p bag charge extension According to reports by the BBC , the move to extend the charge is expected to come as part of the government's highly-anticipated 25-year environment plan, which is expected to be published this week. Now firms employing less than 250 people are exempt from imposing the charge. The charge applies to every new plastic bag used at large stores in England - but only shops or chains with 250 or mo... [Full Article...]

Discovery Communications will leave Maryland for NY

Discovery Communications will leave Maryland for NY Plans call for bringing together all current Discovery employees and Scripps employees who now work at different facilities in NY. The sale and closing of the Silver Spring building is expected about one year after the closing of the Scripps acquisition. [Full Article...]

Toyota to launch scalable autonomous vehicles

Toyota to launch scalable autonomous vehicles The pizza chain announced on Monday that it is teaming up with Toyota on a driverless delivery truck that could begin testing by 2020. The e-Palette is a box-shaped transporter that can have customised interiors to suit its users' needs, be it ride-sharing, goods delivery or on-the-road e-commerce. [Full Article...]

Pokémon GO Won't Support Older iPhones and iPads in Next Update

Pokémon GO Won't Support Older iPhones and iPads in Next Update Dedicated players with older iOS devices don't have much time to prepare themselves for this update , with it set to take effect on February 28th, 2018. Alongside iPhone 5 and 5c, the iPad fourth, third, first generation and iPad 2 are also impacted. "They will need to switch to a supported device to continue playing Pokemon Go ", says the developer. [Full Article...]

Why Impact on United States dollars of Surge in Treasury Yields Might be Limited

Why Impact on United States dollars of Surge in Treasury Yields Might be Limited China has the world's biggest currency reserves and is the biggest foreign holder of USA government debt. While the 5bp rise in the Treasury note yield was the principal move, 10-year yields were also up elsewhere. High profile bond investor Bill Gross of Janus Henderson Group also said on Twitter on Tuesday that bonds are in a bear market. "For years they have been bothered by the fact that ... [Full Article...]

UIDAI introduces Virtual ID & limited KYC to address Aadhaar privacy concerns

UIDAI introduces Virtual ID & limited KYC to address Aadhaar privacy concerns As per the circular, a virtual ID will be valid for a defined period of time and every time a new one gets generated by the user, the older one gets automatically cancelled. " Aadhaar faces a number of challenges over the short and long-term". The VID will be a temporary number "mapped with the Aadhaar number". This ID along with biometrics of the user, like name, address, and photographs, ca... [Full Article...]

Bone-Chilling Teaser Of Anushka Sharma's Pari Will Give You Nightmares

Bone-Chilling Teaser Of Anushka Sharma's Pari Will Give You Nightmares After moving everyone with the motion poster, the makers of the film have unveiled yet another poster of the film which has created a lot of curiosity among the fans. The Phillauri actor is all set for her next film, a horror film. After her much celebrated fairytale wedding with cricketer Virat Kohli, Anushka Sharma has now come to scare your wits with her not so fairytale movie " Pari ". [Full Article...]

Two of Buffett's Successor Candidates Join Berkshire's Board

Two of Buffett's Successor Candidates Join Berkshire's Board Buffett for decades. Abel, 55, will be vice chairman of the non-insurance business, while Jain, 66, will be vice chairman of the insurance operations, the company said in a statement Wednesday. Buffett has repeatedly said that Jain has probably made more money for shareholders than he has. Buffett shot down the idea that Abel and Jain would share the CEO post once he's no longer running the co... [Full Article...]

Tesla starts Solar Roof production in Buffalo

Tesla starts Solar Roof production in Buffalo The versatile American energy storage, automaker and solar panel manufacturing company, Tesla recently announced that it has kickstarted the high-on-demand Solar Roof tiles production from its Gigafactory 2 facility stationed in NY. Instead of doing door-to-door sales for its solar roof, Tesla is moving its solar roofing sales into its EV vehicle stores. "It may actually do well in oversea... [Full Article...]

Sainsbury's profits boosted by 'record' Christmas trading

Sainsbury's profits boosted by 'record' Christmas trading As a effect underlying pretax profit for the full 2017-18 year would be moderately ahead of the published analysts' consensus - an underlying pretax profit of 559 million pounds ($755.77 million), down from 581 million in 2016-17. Friday December 22 was the chain's biggest sales day for stores and it delivered an online grocery order to customers every second. Mike Coupe , group chief executiv... [Full Article...]

Former Google engineer fired over gender memo sues the company for discrimination

Former Google engineer fired over gender memo sues the company for discrimination In a complaint filed January, 8 in the Superior Court of California, Santa Clara, Damore accused the technology giant of "systematically" singling out, punishing and terminating employees whose views on diversity, social justice and gender bias differed from the majority view at Google. [Full Article...]

Flooding at JFK airport worsens travel delays

Flooding at JFK airport worsens travel delays The Port Authority will review airport operations from the start of the winter weather, through the "inability" of worldwide flights being able to arrive at gates in a timely manner into Monday. "When it's cold, as cold as it was, you cut the airport a little slack". Boston, which saw some of the heaviest snow from Thursday's storm, froze with a Sunday morning low of minus two degrees Fahr... [Full Article...]

Profit warning for Mothercare after a hard Christmas

Profit warning for Mothercare after a hard Christmas House broker Numis Securities, taking on board Mothercare's fuzzy guidance of full-year profits of between £1mln and £5mln, has slashed its forecast for the year to the end of March 2018 to £2.5mln from £10mln. He added: "We continue to adopt a disciplined approach to cash management with a particular focus on controlling stock levels, together with stringent controls over capital expenditure". [Full Article...]

Emerging markets set to drive 2018 global growth

Emerging markets set to drive 2018 global growth In poorer countries in Africa, Latin America, the Middle East and Asia, economic growth is expected to expand to 5.4% in 2018 as commodity prices firm but not as much as previously expected. By contrast, growth in developed economies is projected to slow to 2.2% in 2018, from 2.3% past year, as central banks gradually remove their post-crisis monetary policies and investment levels off. [Full Article...]

How Do Margins Stack up For SL Green Realty Corp. (NYSE:SLG)?

LLC now owns 2,973,900 shares of the real estate investment trust's stock valued at $83,121,000 after acquiring an additional 1,452,100 shares during the period. BLL stock price climbed 0.05% over the past year, yielding a negative weighted alpha of percent. Finally, Bamco Inc. NY lifted its stake in shares of SL Green Realty by 60.2% in the 3rd quarter. [Full Article...]

Karnataka girls 'warned' on ties with men of other faiths

Karnataka girls 'warned' on ties with men of other faiths In yet another instance of moral policing and communal extremism, a 20-year-old degree college student was driven to suicide in Karnataka's Chikmagalur after a group of men from a local right wing organization allegedly barged into her house and heckled her in front of her parents. [Full Article...]

Armenia can to travel visa-free to a record number of countries

Armenia can to travel visa-free to a record number of countries The Henley & Partners Group's press release emphasized that despite Brexit's uncertainty and "a more isolationist, immigration-hostile policy among traditional migrant-receiving countries such as the U.S.", countries had either improved or maintained their access compared to 2017. [Full Article...]

Man dies after object explodes outside Stockholm subway station

Man dies after object explodes outside Stockholm subway station The Expressen and Aftonbladet newspapers said the device was a hand grenade. The Daily Mirror says that a 45-year-old woman was also injured as a result of the blast. The blast happened outside Varby Gard metro station, in a southern district of the Swedish capital, at around 11am local time. A bomb squad was called to the scene to analyse evidence and look for additional explosives. [Full Article...]


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