Economy

Four winning Mega Million tickets worth $10,000 sold in La

Four winning Mega Million tickets worth $10,000 sold in La Lawmakers say anonymity can protect winners from being targeted by criminals and unscrupulous people coming out of the woodwork asking for money. One of the MA winners was Jennifer Santo, 40, of Dartmouth. 'The jackpot's been rolling since it was hit in July in California, but there are few precedents for a jackpot of this size. "He'd be good for the business". [Full Article...]

What happens if you win Mega Millions' $1.6B jackpot?

What happens if you win Mega Millions' $1.6B jackpot? The Mega Millions website briefly crashed yesterday ahead of the drawing due to a surge in visitors, said a spokeswoman for the Maryland Lottery and Gaming Control Agency, which administers the website. There is also a healthy debate among investors about whether the victor should accept the $1.6bn over 30 annual payments, or take a lump sum payment of around $905 million. [Full Article...]

Mohammed bin Salman calls Khashoggi murder a 'heinous crime'

Mohammed bin Salman calls Khashoggi murder a 'heinous crime' Facing global outrage over Khashoggi's killing, Saudi officials are now acknowledging that the journalist was targeted inside the Istanbul consulate in Turkey and a body double was on hand to aid in a cover-up. The incident has severely dented the worldwide reputation of the Crown Prince, Mohammed bin Salman. Has Mohammed bin Salman said anything before? Vice President Mike Pence said ea... [Full Article...]

Saudi Arabia ready to boost oil output, spare capacity

Saudi Arabia ready to boost oil output, spare capacity On Tuesday, he said Saudi Arabia still intends to increase production to meet demand as USA sanctions shrink Iran's crude exports. Top US politicians turned their anger on Saudi Crown Prince Mohammed bin Salman on Sunday and said they believed he ordered the killing of Khashoggi, although the Trump administration has maintained a more cautious stance. [Full Article...]

Khan Says Pakistan Wants Peace With All Its Neighbors

Khan Says Pakistan Wants Peace With All Its Neighbors The additional deferred payment facility for oil imports will be in place for three years, which will be reviewed thereafter, the ministry stated. Saudi Arabia has agreed to provide Pakistan with $3 billion to tackle the country's ongoing balance-of-payments crisis, an announcement by the Pakistani government says. [Full Article...]

Mega Millions Frenzy At A Fever Pitch Ahead Of Tuesday Night Drawing

Mega Millions Frenzy At A Fever Pitch Ahead Of Tuesday Night Drawing The jackpot's estimated cash value is $913 million, an option favored by most winners. The clock is ticking on the Mega Millions jackpot, the biggest in history at $1.6 billion. The odds of winning the top prize were 1 in 258,890,850. She described the Mega Millions ticket sales as "crazy" with all the interest. About two-thirds of Americans gamble. [Full Article...]

Dyson will build electric cars in Singapore for a 2021 launch

Dyson will build electric cars in Singapore for a 2021 launch The company announced back in September of 2017 that it was planning to get into the electric auto business, and today Dyson gave the world a peek at how it's going to make that happen with the announcement of a new facility for making electric vehicles in Singapore, scheduled to open in 2021. [Full Article...]

Crude prices plunge as Saudi Arabia reassures market on supply

Oil prices fell sharply in morning trade on Tuesday, with the key benchmarks WTI and Brent crude falling more than 4 percent as Dow Jones, S&P 500, and Nasdaq futures came tumbling down. "The big unknown is how much Iranian oil will be off the market and we'll know in about a month's time". OPEC itself estimates demand for its crude will fall to an average of 31.8 million bpd next year, from a... [Full Article...]

'Savage Jamal Khashoggi murder was planned days in advance' - Turkey

Canada exported $1.37 billion worth of goods to Saudi Arabia previous year , mostly tanks and other armored fighting vehicles and their parts, according to Statistics Canada. The Khashoggi case has caused worldwide outrage and frayed political and business ties between Western powers and USA ally Saudi Arabia, the world's No.1 oil exporter. [Full Article...]

2M pounds of frozen taquitos recalled due to Salmonella and Listeria risk

2M pounds of frozen taquitos recalled due to Salmonella and Listeria risk Bakkavor Foods USA, Inc.is recalling nearly 800,000 pounds of ready-to-eat meat and poultry products that contain an onion ingredient which may be contaminated with salmonella and listeria monocytogenes , according to the USDA. The USDA warns that eating Salmonella-contaminated food can cause salmonellosis, which causes diarrhea, abdominal cramps and fever within 12 to 72 hours after eating the... [Full Article...]

Delivery delays expected as rotating strikes start at Canada Post

Delivery delays expected as rotating strikes start at Canada Post The city is making special arrangements in case the rotating strikes against Canada Post in several cities, including Edmonton , hit Calgary. The strike is the result of ongoing negotiations regarding workers rights at Canada Post. Canada Post said Monday it is committed to bargaining new collective agreements for its unionized employees, noting it has put forward "a significant offer" that i... [Full Article...]

Test tunnel for high-speed travel to open in December - Elon Musk

Test tunnel for high-speed travel to open in December - Elon Musk The tunnel, which is being built by Musk's Boring Company , will contain autonomous electric skates capable of transporting cars and people at speeds of up to 125-150mph. The Tesla CEO took to Twitter to declare that its first high-speed transit tunnel is nearly complete and ready to run beneath Hawthorne in the Los Angeles area. [Full Article...]

Ryanair faces backlash over racist incident on flight

Ryanair faces backlash over racist incident on flight Passengers attempted to help the woman and her daughter, with many calling for him to be taken off the flight. The woman's daughter defends her, telling the man she is disabled, but the man continues to be disgruntled. He said: "I don't care whether she's f****** disabled or not - if I tell her to get out she gets out". Lawrence said it was a hard decision to film rather than step in to interv... [Full Article...]

Saudi Arabia’s Jamal Khashoggi Death Explanation 'Not Credible', Says Dominic Raab

Saudi Arabia’s Jamal Khashoggi Death Explanation 'Not Credible', Says Dominic Raab A bipartisan group of USA politicians has accused the Crown Prince of directing the operation, with Republican Senator Rand Paul telling Fox News that the USA "cannot continue to have relations with him and so I think he's going to have to be replaced". [Full Article...]

Saudi king, crown prince send condolences to Khashoggi´s son

Saudi king, crown prince send condolences to Khashoggi´s son Khashoggi, as well as increased worldwide pressure for a full, verifiable accounting from the Saudi monarchy as to the events leading up to his death", the statement read. "Yes, I think he did it", Bob Corker, chairman of the Senate Foreign Relations Committee, told CNN , referring to the crown prince. Turkish sources say authorities have an audio recording purportedly documenting Khashoggi's mur... [Full Article...]

Powerball, Mega Millions Jackpots Combine To An Estimated $2.22 Billion

Powerball, Mega Millions Jackpots Combine To An Estimated $2.22 Billion A drawing was held on Saturday for a Powerball jackpot worth an estimated $470 million. The winning numbers are 16, 54, 57,62 and 69. A sign in the window of a liquor store shows the Powerball lottery jackpot at $700 million in Washington, on January 7, 2016. [Full Article...]

China Urges Investor Calm While Stopping Short of Market Rescue

China Urges Investor Calm While Stopping Short of Market Rescue This is down on expectations for a 6.6 percent growth, according to analysts polled by Reuters , and is lower than than 6.7 percent year-over-year expansion in the previous quarter. Looking ahead, the vice premier said focus should be put on enhancing the vitality, resilience and creativity of micro entities to push forward economic transformation and upgrading, and to facilitate a virtuous econo... [Full Article...]

No victor in Mega Millions Friday drawing, jackpot up to $1.6 billion

No victor in Mega Millions Friday drawing, jackpot up to $1.6 billion ET on Tuesday night, in the WSB-TV studio in Atlanta, Georgia. According to Tennessee lottery representatives, this is the highest Mega Millions jackpot in the game's history, and the second largest in US jackpot history. The winning numbers for the October 19 drawing were the white balls 15, 23, 53, 65 and 70, plus the gold Mega Ball 7, a release said. The odds of winning any prize is one... [Full Article...]

Oil up but set for weekly loss on stock build, trade tensions

Oil up but set for weekly loss on stock build, trade tensions Oil slipped to the lowest level in almost a month after expanding American stockpiles overshadowed tensions between the USA and Saudi Arabia over the disappearance of a prominent kingdom critic. Saudi Arabia's existing pledge to increase production is seen as crucial to the Trump administration's effort to impose renewed sanctions on Iran while keeping a lid on crude prices. [Full Article...]

Cypriot Low Cost Airline Cobalt Suspends Operations

Cypriot Low Cost Airline Cobalt Suspends Operations More airlines are likely to succumb to the same fate as Cobalt Air this winter, leaving holidaymakers stranded, as carriers feel the pinch of rising oil prices and competitive fare pricing. She said: "We thought it would be easier and less stress getting married overseas but it's a nightmare". Local media said Cobalt had failed to reach a deal with a potential new investor. [Full Article...]


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