Business

Business Uber reveals thousands of reported sexual assaults in US
Author: 0 Uber reveals thousands of reported sexual assaults in US

It said it received 235 reports of "non-consensual sexual penetration" a year ago and 280 of "attempted non-consensual sexual penetration" - almost all filed by women. Uber's VP and global head of community operations Troy Stevenson also disclosed last month that his company focused too heavily on adding people to its platform, rather than investing in a long-term business model.

Business China angry as Trump backs Hong Kong bills
Author: 0 China angry as Trump backs Hong Kong bills

The crisis in Hong Kong worsened with a more violent turn that forced schools and commercial establishments to close for several days, paralyzed transport and left one person dead. Separately, the newspaper said a Taiwanese man, Lee Meng-Chu, was arrested by police in nearby Shenzhen on October 31, for allegedly stealing state secrets for foreign forces after he made a trip to Hong Kong in August to support "anti-China" activities.

Business Residents, police clash in southern China
Author: 0 Residents, police clash in southern China

Especially after pro-democracy parties scored a landslide victory in Sunday's district council elections in Hong Kong , criticism against China's Communist Party has grown across the globe, making it " more hard for Japan to welcome Xi", the source said.

Business Holiday shopping set to top $730 billion
Author: 0 Holiday shopping set to top $730 billion

The National Retail Federation estimates holiday retail sales in the United States in November and December will rake in as much as $730.7 billion, a 4.2% increase from a year ago. It has also been used by U.S. police, a result of the large unruly crowds and congested traffic experienced on the day. "It's our bonding time", Berry said.

Business Black Friday ‘all hype’ with ‘few genuine discounts’
Author: 0 Black Friday ‘all hype’ with ‘few genuine discounts’

To fully capitalize on this day, retailers offer an abundance of deals and specials, hoping to kick off the holiday shopping season with a good start. On Thanksgiving Day, all Walgreens locations will be open their regular hours. Unlocked iPhone smartphones are also available from network providers and retail giants Walmart and Amazon .

Business Westpac's CEO resigns, chairman hastens retirement on scandal
Author: 0 Westpac's CEO resigns, chairman hastens retirement on scandal

The nation's financial crime regulator, Australian Transaction Reports and Analysis Centre, is pursuing Westpac in the Federal Court of Australia for allegedly failing to report millions of global fund transfers, including payments allegedly linked to child exploitation in Southeast Asia.

Business Honda City Debuts In Markets Where Small Sedans Still Matter
Author: 0 Honda City Debuts In Markets Where Small Sedans Still Matter

Honda hosted the global premiere of the City now sold in India in late 2013. Igarashi also said, "The Asia & Oceania region is an important market for Honda City , with more than 100,000 units sold in the region in 2019 (January to September 2019), which accounts for nearly 70% of Honda City sales worldwide".

Business Instagram test of hiding 'likes' spreads to Indonesia
Author: 0 Instagram test of hiding 'likes' spreads to Indonesia

The removal also includes the views on videos posted on the feed and profile. Instagram has announced that it's started testing hiding like counts for users worldwide. But not every user will lose likes, only those who are included in the test . They would be with no option but to rely on screenshots provided by the influencers or get them to share the engagement insights that Instagram shows business users.

Business Bharti Airtel Shares Spike Over 8% After Q2 Results
Author: 0 Bharti Airtel Shares Spike Over 8% After Q2 Results

Vodafone Idea said it was in active discussions with the government seeking financial relief and also in the process of filing a review petition with the Supreme Court . "The company's ability to continue is dependent on obtaining relief from the government and positive outcome of the proposed legal remedy", the telco said.

Business Fiat Chrysler and France's PSA Group agree to 50/50 merger
Author: 0 Fiat Chrysler and France's PSA Group agree to 50/50 merger

A Changan representative didn't immediately comment. That includes Chrysler and Dodge, Alfa Romeo and Fiat , Jeep and RAM, Maserati , and the Mopar and SRT tuning brands from the FCA side. PSA executives had been preparing to brief French unions Thursday morning, they said. In a statement, French Finance Minister Bruno Le Maire welcomed the deal, saying that the government in Paris would "be particularly vigilant over preserving (the group's) industrial footprint in France".

Business Trump takes another shot at the Federal Reserve
Author: 0 Trump takes another shot at the Federal Reserve

The big sore spot for both the Fed and the economy at large is a reluctance by US businesses to spend, a hesitance Fed officials and corporate executives blame on Trump's unpredictable trade policy. U.S. hiring continues and unemployment is low, while inflation is creeping up to the Fed's 2.0 per cent target. One of the main reasons for the Fed's decision to cut rates this year has been as insurance against the risks to the economy from the Trump administration's nearly 16-month long trade ...

Business Fiat Chrysler, Peugeot parent in talks to form $50B auto behemoth
Author: 0 Fiat Chrysler, Peugeot parent in talks to form $50B auto behemoth

PSA and Fiat Chrysler now operate a joint-venture to produce commercial vans: the Fiat Ducato, Peugeot Boxer, and Citroen Jumper. PSA Peugeot put out a similar statement. Evercore analyst Arndt Ellinghorst in a note on Tuesday said a combination of Fiat Chrysler and Peugeot "should ignite more rational industry behavior around allocation of capital and this particular merger makes materially more sense than a potential FCA-Renault merger".

Business United States says Turkey agrees to a ceasefire in Syria
Author: 0 United States says Turkey agrees to a ceasefire in Syria

Speaking after crisis talks with Erdogan in Ankara, Pence said that under the deal all military operations would be paused to allow a pullback of Kurdish YPG militia over a 120-hour period. "Don't be a tough guy". After Pence and Erdogan met at the presidential palace, talks between Turkish and U.S. delegations continued for over four hours - well past their expected duration.

Business Shares slip as US political concerns temper trade optimism
Author: 0 Shares slip as US political concerns temper trade optimism

Japan has seen this movie before in its own struggles with the US over trade policy in the 1980s. Other Chinese companies which trade on US exchanges, including Huya Inc., a live videogame streaming platform, electric-car maker Nio Inc., iQiyi Inc., a Netflix-type service, internet business Baidu Inc.

Business Big GST sop for small businesses as rates cut, compliance burden eased
Author: 0 Big GST sop for small businesses as rates cut, compliance burden eased

The effective tax rate will be around 17%. The government said this increased surcharge shall not apply on capital gains arising on sale of equity share in a company or a unit of an equity oriented fund or a unit of a business trust liable for securities transaction tax, in the hands of an individual, HUF, AOP, BOI and AJP.

Business Iran threatens 'all-out war' if U.S. strikes
Author: 0 Iran threatens 'all-out war' if U.S. strikes

Iran denies involvement in the September 14 attack that initially halved Saudi oil output and which Pompeo earlier called an act of war against the world's largest oil exporter. Iraq's Foreign Ministry said on Thursday it would not join the global maritime mission, the Iraqi state news agency reported. He said on Wednesday he will increase financial sanctions on Tehran over the attack.