confirms Archive

  • Carney Confirms Rate Hike Imminent as Inflation Hits Multi-Year High Governor Mark Carney reaffirmed that the Bank of England is close to making its first rate hike move in more than 10 years, as inflation reach 3 percent and another official said that the UK economy is near an inflection point.The head of the BOE and the two newly appointed members of the central bank's rate-setting Monetary Policy Committee indicated that the dissolution of economic slack is their main consideration as they prepare for a November 2 meeting decision during their testimonies to lawmakers. The addresses coincided with the release of a report indicating consumer prices accelerating at its fastest rate since April 2012. Carney stated that since the BOE had used up more spare capacity and due to increasing inflationary pressures in the UK, majority of the members of the governing committee believe that a rate hike in the following month may be fitting. The BOE leader professed that while CPI growth..

    Prime News: Carney Confirms Rate Hike Imminent as Inflation Hits Multi-Year High

    Carney Confirms Rate Hike Imminent as Inflation Hits Multi-Year High Governor Mark Carney reaffirmed that the Bank of England is close to making its first rate hike move in more than 10 years, as inflation reach 3 percent and another official said that the UK economy is near an inflection point.The head of the BOE and the two newly appointed members of the central bank's rate-setting Monetary Policy Committee indicated that the dissolution of economic slack is their main consideration as they prepare for a November 2 meeting decision during their testimonies to lawmakers. The addresses coincided with the release of a report indicating consumer prices accelerating at its fastest rate since April 2012. Carney stated that since the BOE had used up more spare capacity and due to increasing inflationary pressures in the UK, majority of the members of the governing committee believe that a rate hike in the following month may be fitting. The BOE leader professed that while CPI growth..
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  • Huawei brand Honor,has confirmed it will be launching a new bezel-less smartphone on December 5. The Chinese company has started sending event teasers confirming the launch date.The official 'save the date' teaser comes with "Max your view" tagline which clearly hints at a smartphone with more screen space. The teaser also has a phone outline with thin bezels and 18:9 aspect ratio display. The teaser also confirms other features on the handset like a dual camera at the back, and possible AI integration. The AI integration is tipped by a droid placed at the bottom of the teaser image. The official teaser reveals London as the venue for the event which may mean that the new bezel-less smartphone may be made available initially in the country alongside other European markets.Honor on Wednesday launched the Honor 7X featuring a large 18:9 display. The Honor 7X pricing starts at CNY 1,299 (roughly Rs. 12,890) and goes till CNY 1,999 (roughly Rs. 19,820) for the top-of-the-line m..

    Honor Confirms New Bezel-Less Smartphone Launching on December 5

    Huawei brand Honor,has confirmed it will be launching a new bezel-less smartphone on December 5. The Chinese company has started sending event teasers confirming the launch date.The official 'save the date' teaser comes with "Max your view" tagline which clearly hints at a smartphone with more screen space. The teaser also has a phone outline with thin bezels and 18:9 aspect ratio display. The teaser also confirms other features on the handset like a dual camera at the back, and possible AI integration. The AI integration is tipped by a droid placed at the bottom of the teaser image. The official teaser reveals London as the venue for the event which may mean that the new bezel-less smartphone may be made available initially in the country alongside other European markets.Honor on Wednesday launched the Honor 7X featuring a large 18:9 display. The Honor 7X pricing starts at CNY 1,299 (roughly Rs. 12,890) and goes till CNY 1,999 (roughly Rs. 19,820) for the top-of-the-line m..
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  • UEFA has confirmed which teams are in each of the four leagues for the inaugural UEFA Nations League, its new international competition intended to replace most friendlies. Based on the coefficient rankings after the group stages of the European qualifiers for Russia 2018, sixth-ranked England are in league A, while Wales (14th), Ireland (19th) and Northern Ireland (21st) are in league B, and Scotland (27th) are in league C. With all 55 UEFA nations assigned to a league, there are 12 teams in A and B, 15 in C and 16 in D. At a draw in Lausanne on January 24, each league will then be divided into four groups of either three or four teams and they will play each other home and away from September to November next year. Going forward, a promotion and relegation system will operate between the leagues - four up, four down - and the second edition of the competition is scheduled to start in September 2020. The winner will be decided at a tournament between the winners of the four l..

    UEFA confirms leagues for new international tournament with England in top tier

    UEFA has confirmed which teams are in each of the four leagues for the inaugural UEFA Nations League, its new international competition intended to replace most friendlies. Based on the coefficient rankings after the group stages of the European qualifiers for Russia 2018, sixth-ranked England are in league A, while Wales (14th), Ireland (19th) and Northern Ireland (21st) are in league B, and Scotland (27th) are in league C. With all 55 UEFA nations assigned to a league, there are 12 teams in A and B, 15 in C and 16 in D. At a draw in Lausanne on January 24, each league will then be divided into four groups of either three or four teams and they will play each other home and away from September to November next year. Going forward, a promotion and relegation system will operate between the leagues - four up, four down - and the second edition of the competition is scheduled to start in September 2020. The winner will be decided at a tournament between the winners of the four l..
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  • OPEC out with monthly bulletin 11 Oct Yesterday OPEC sec gen Barkindo gave oil traders the heads up in his speech from New Delhi Here's more from monthly bulletin:

    OPEC confirms forecast of 1.45bln 2017 global oil demand growth

    OPEC out with monthly bulletin 11 Oct Yesterday OPEC sec gen Barkindo gave oil traders the heads up in his speech from New Delhi Here's more from monthly bulletin:
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  • Back in August, Fiat Chrysler boss Sergio Marchionne said that a Ferrari SUV, excuse me,FUV was "probably happening," citing a marketplace "too big and too inviting" to ignore. Well, cue the outraged purist reactions and Enzo's rolling grave comments because Marchionne has officially confirmed that a Ferrari crossover is indeed happening. Speaking to Bloomberg at the New York Stock Exchange on Monday, the FCA CEO went as far as to confirm the existence of several prototype models along with a 30-month development timeline, pegging the release of the FUV (that's Ferrari Utility Vehicle) sometime around mid-2020. Marchionne went on to say that the off-road Fezza will sport four doors, the only Ferrari that will do so. In regards to rumblings of a possible buyout of Jeep by Chinese automaker Great Wall Motors, Marchionne responded saying that the famed American utility brand is not for sale. The Fiat Chrysler boss adds that a deal with Great Wall would leave a "worrisome stump..

    Marchionne Confirms Ferrari SUV, Says It’s Not Selling Jeep to the Chinese

    Back in August, Fiat Chrysler boss Sergio Marchionne said that a Ferrari SUV, excuse me,FUV was "probably happening," citing a marketplace "too big and too inviting" to ignore. Well, cue the outraged purist reactions and Enzo's rolling grave comments because Marchionne has officially confirmed that a Ferrari crossover is indeed happening. Speaking to Bloomberg at the New York Stock Exchange on Monday, the FCA CEO went as far as to confirm the existence of several prototype models along with a 30-month development timeline, pegging the release of the FUV (that's Ferrari Utility Vehicle) sometime around mid-2020. Marchionne went on to say that the off-road Fezza will sport four doors, the only Ferrari that will do so. In regards to rumblings of a possible buyout of Jeep by Chinese automaker Great Wall Motors, Marchionne responded saying that the famed American utility brand is not for sale. The Fiat Chrysler boss adds that a deal with Great Wall would leave a "worrisome stump..
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  • There was a rather popular feature in iOS 9 and iOS 10 that allowed 3D Touch users to access the app switcher by long pressing on the left edge and then swiping right, instead of double tapping the home button. However, that feature was later removed without any explanation, and hasn't arrived with the latest iOS 11 update as well (wasn't in beta either). Replying to a user complaint, Apple software engineering chief Craig Federighi has now confirmed that the app switcher gesture feature was removed due to technical constraints, and should be back in a future iOS 11 update.MacRumors reader Adam Zahn wrote an email to Federighi complaining about the absence of the feature, to which the Apple executive replied, "We regretfully had to temporarily drop support for this gesture due to a technical constraint. We will be bringing it back in an upcoming iOS 11.x update."This is obviously good news for all the users who used this feature quite a lot. Users with a 3D Touch iPhone run..

    3D Touch App Switcher Gesture to Return in Future iOS 11 Update, Confirms Craig Federighi

    There was a rather popular feature in iOS 9 and iOS 10 that allowed 3D Touch users to access the app switcher by long pressing on the left edge and then swiping right, instead of double tapping the home button. However, that feature was later removed without any explanation, and hasn't arrived with the latest iOS 11 update as well (wasn't in beta either). Replying to a user complaint, Apple software engineering chief Craig Federighi has now confirmed that the app switcher gesture feature was removed due to technical constraints, and should be back in a future iOS 11 update.MacRumors reader Adam Zahn wrote an email to Federighi complaining about the absence of the feature, to which the Apple executive replied, "We regretfully had to temporarily drop support for this gesture due to a technical constraint. We will be bringing it back in an upcoming iOS 11.x update."This is obviously good news for all the users who used this feature quite a lot. Users with a 3D Touch iPhone run..
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  • We might not have asked for a high-performance version of Nissan’s humble EV, but it looks like we’re getting one according to Autocar. The rumored Nissan Leaf Nismo has just been confirmed for production at the Tokyo Motor Show along with the unveiling of a concept version of the car giving us an idea of what to expect from the production model.We don’t know anything about performance or mechanical improvements to the Leaf Nismo over the standard model, but the concept tells us a bit about the new aesthetic. While it looks decidedly sportier, it’s also a bit generic in its upgrades with a new body kit, different wheels, some red trim, a black stripe on the hood, and not much else.The Nissan Leaf Nismo is not to be confused with the upcoming Leaf E-Plus scheduled to arrive in 2019. The Leaf E-Plus will have bigger batteries for longer range and a stiffer structure. Since a Nismo variant is coming to the regular Leaf, we would be surprised if the Leaf E-Plus didn’t get the Nismo treat..

    Nissan Confirms Leaf Nismo for Production

    We might not have asked for a high-performance version of Nissan’s humble EV, but it looks like we’re getting one according to Autocar. The rumored Nissan Leaf Nismo has just been confirmed for production at the Tokyo Motor Show along with the unveiling of a concept version of the car giving us an idea of what to expect from the production model.We don’t know anything about performance or mechanical improvements to the Leaf Nismo over the standard model, but the concept tells us a bit about the new aesthetic. While it looks decidedly sportier, it’s also a bit generic in its upgrades with a new body kit, different wheels, some red trim, a black stripe on the hood, and not much else.The Nissan Leaf Nismo is not to be confused with the upcoming Leaf E-Plus scheduled to arrive in 2019. The Leaf E-Plus will have bigger batteries for longer range and a stiffer structure. Since a Nismo variant is coming to the regular Leaf, we would be surprised if the Leaf E-Plus didn’t get the Nismo treat..
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  • The Football Association has confirmed England's World Cup qualifier against Slovenia will go ahead on Thursday evening despite a planned strike by Tube drivers. Members of the Aslef union are set to walk out for 24 hours in a dispute over working practices, with fans travelling to Wembley for the clash - which kicks off at 1945 - due to be affected. But the FA released a statement to announce the game will go ahead, also informing fans about alternative transport options. It read: "The FA is committed to help as many supporters as possible attend the match. "Over the past few days we have been working with TFL and our transport partner National Express to set up a range of transport options to help you get to and from Wembley. These additional services will remain in place even if the strike is cancelled. "Please remember to allow extra time for your journey." Source: PA Please enable JavaScript to view the comments powered by Disqus.

    FA confirms England v Slovenia will go ahead despite planned Tube strike

    The Football Association has confirmed England's World Cup qualifier against Slovenia will go ahead on Thursday evening despite a planned strike by Tube drivers. Members of the Aslef union are set to walk out for 24 hours in a dispute over working practices, with fans travelling to Wembley for the clash - which kicks off at 1945 - due to be affected. But the FA released a statement to announce the game will go ahead, also informing fans about alternative transport options. It read: "The FA is committed to help as many supporters as possible attend the match. "Over the past few days we have been working with TFL and our transport partner National Express to set up a range of transport options to help you get to and from Wembley. These additional services will remain in place even if the strike is cancelled. "Please remember to allow extra time for your journey." Source: PA Please enable JavaScript to view the comments powered by Disqus.
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  • Microsoft is planning layoffs as it refocuses its sales force on making the software colossus a pivotal part of businesses relying on cloud computing, according to media reports.While many reports forecast the changes would result in thousands of job cuts, Microsoft on Monday only confirmed to AFP that changes were on the way."Microsoft is implementing changes to better serve our customers and partners," a Microsoft spokesperson told AFP.Tech news website GeekWire published what it indicated were excerpts from the Microsoft memo, which referred to an enormous business opportunity helping its customers with "digital transformations."Chief Executive Satya Nadella has sought to reduce the tech giant's focus on software, shifting to cloud computing and business services."From large multinationals to small and medium businesses to non-profits all over the world, organizations are using Microsoft's cloud platforms to power their digital transformation," Nadella said when the c..

    Microsoft Confirms Changes Are Coming as Layoff Rumours Abound

    Microsoft is planning layoffs as it refocuses its sales force on making the software colossus a pivotal part of businesses relying on cloud computing, according to media reports.While many reports forecast the changes would result in thousands of job cuts, Microsoft on Monday only confirmed to AFP that changes were on the way."Microsoft is implementing changes to better serve our customers and partners," a Microsoft spokesperson told AFP.Tech news website GeekWire published what it indicated were excerpts from the Microsoft memo, which referred to an enormous business opportunity helping its customers with "digital transformations."Chief Executive Satya Nadella has sought to reduce the tech giant's focus on software, shifting to cloud computing and business services."From large multinationals to small and medium businesses to non-profits all over the world, organizations are using Microsoft's cloud platforms to power their digital transformation," Nadella said when the c..
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  • Microsoft said Thursday it was cutting an unspecified number of jobs amid reports the US tech giant was reorganizing its global sales operations."Today, we are taking steps to notify some employees that their jobs are under consideration or that their positions will be eliminated," Microsoft said in an email response to an AFP inquiry.Earlier, CNBC television said the company would be cutting some 3,000 positions, mostly from its non-US sales staff."Like all companies, we evaluate our business on a regular basis. This can result in increased investment in some places and, from time-to-time, re-deployment in others," the company said in a statement.The layoffs come as the US software colossus refocuses its sales force on making Microsoft a pivotal part of businesses relying on cloud computing, according to media reports.Microsoft had more than 121,000 employees worldwide at the end of March, according to its website.Chief executive Satya Nadella has sought to reduce the tech giant..

    Microsoft Confirms Layoffs, Said to Be Cutting 3,000 Jobs, Mostly From Non-US Sales Staff

    Microsoft said Thursday it was cutting an unspecified number of jobs amid reports the US tech giant was reorganizing its global sales operations."Today, we are taking steps to notify some employees that their jobs are under consideration or that their positions will be eliminated," Microsoft said in an email response to an AFP inquiry.Earlier, CNBC television said the company would be cutting some 3,000 positions, mostly from its non-US sales staff."Like all companies, we evaluate our business on a regular basis. This can result in increased investment in some places and, from time-to-time, re-deployment in others," the company said in a statement.The layoffs come as the US software colossus refocuses its sales force on making Microsoft a pivotal part of businesses relying on cloud computing, according to media reports.Microsoft had more than 121,000 employees worldwide at the end of March, according to its website.Chief executive Satya Nadella has sought to reduce the tech giant..
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