opens Archive

  • Mixed Canada Economic Data Opens Doors for more Rate Hikes Canadian retail sales volumes dropped in July, indicating a softer pace of expansion at the beginning of the third quarter, although the acceleration in inflation in August still provides the central bank with room to hike interest rates once again. A moderation in growth heading into the third quarter is anticipated following a solid first half of 2017 which made Canada a Group of Seven leader. The strong performance caused the Bank of Canada to hike interest rates twice so far this year. Economists are trying to assess whether the central bank will hike rates once more by the end of the year or wait until 2018 to tighten. Latest data revealed that total retail sales increased 0.4 percent. Although it surpassed expectations, economists expected a 0.2 percent drop in volumes, which implies that economic expansion was probably unchanged in July. The annual inflation rate increased to 1.4 percent in August from 1.2 percent ..

    Prime News: Mixed Canada Economic Data Opens Doors for more Rate Hikes

    Mixed Canada Economic Data Opens Doors for more Rate Hikes Canadian retail sales volumes dropped in July, indicating a softer pace of expansion at the beginning of the third quarter, although the acceleration in inflation in August still provides the central bank with room to hike interest rates once again. A moderation in growth heading into the third quarter is anticipated following a solid first half of 2017 which made Canada a Group of Seven leader. The strong performance caused the Bank of Canada to hike interest rates twice so far this year. Economists are trying to assess whether the central bank will hike rates once more by the end of the year or wait until 2018 to tighten. Latest data revealed that total retail sales increased 0.4 percent. Although it surpassed expectations, economists expected a 0.2 percent drop in volumes, which implies that economic expansion was probably unchanged in July. The annual inflation rate increased to 1.4 percent in August from 1.2 percent ..
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  • The United States and Israel have a long history of close military cooperation, but much of it remains secretive or under-publicized in nature. Now, however, the U.S. military has an officially acknowledged permanent base of sorts, a possible signal of an expanding air and missile defense partnership as U.S. President Donald Trump’s administration continues to challenge Iran over its advanced weapons programs, including development of ballistic missiles.On Sept. 18, 2017, the U.S. Army’s top command in Europe and the Israeli Air Force held a ceremony to officially break ground on what they described as a “life support area,” which generally refers to barracks-like facilities where personnel can eat, sleep, and bathe, among other things. The “LSA” will be situated within the Israel Defense Forces Air Defense School, located at Bislach Air Base near Beersheba in southern Israel’s Negev Desert, but will be an entirely American-run affair.“I would like to note that this life support area..

    US Army Opens Permanent Base in Southern Israel as Trump Slams Iran Deal

    The United States and Israel have a long history of close military cooperation, but much of it remains secretive or under-publicized in nature. Now, however, the U.S. military has an officially acknowledged permanent base of sorts, a possible signal of an expanding air and missile defense partnership as U.S. President Donald Trump’s administration continues to challenge Iran over its advanced weapons programs, including development of ballistic missiles.On Sept. 18, 2017, the U.S. Army’s top command in Europe and the Israeli Air Force held a ceremony to officially break ground on what they described as a “life support area,” which generally refers to barracks-like facilities where personnel can eat, sleep, and bathe, among other things. The “LSA” will be situated within the Israel Defense Forces Air Defense School, located at Bislach Air Base near Beersheba in southern Israel’s Negev Desert, but will be an entirely American-run affair.“I would like to note that this life support area..
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  • Cadillac's New York journey has taken it on helicopter rides to the Hamptons, virtual-reality expeditions at auto dealerships, and forays into the worlds of art and fashion. It's just the kind of unbound adventure that Cadillac President Johan de Nysschen and global CMO Uwe Ellinghaus envisioned when they decided to move the brand's headquarters out of General Motors' staid Renaissance Center in Detroit and into a trendy neighborhood on Manhattan's West Side. Ellinghaus: In it for the long haul Two years after that move, Ellinghaus believes Cadillac is where he "intended" it to be, plugged into global luxury trends, capitalizing on new opportunities in urban mobility, lagging in the U.S., but celebrating rising global sales, led by breakneck growth in China. Not far off is an infusion of fresh product that will put the quintessential American brand more in line with the very American trend toward crossover..

    Cadillac’s New York move opens up new marketing world

    Cadillac's New York journey has taken it on helicopter rides to the Hamptons, virtual-reality expeditions at auto dealerships, and forays into the worlds of art and fashion. It's just the kind of unbound adventure that Cadillac President Johan de Nysschen and global CMO Uwe Ellinghaus envisioned when they decided to move the brand's headquarters out of General Motors' staid Renaissance Center in Detroit and into a trendy neighborhood on Manhattan's West Side. Ellinghaus: In it for the long haul Two years after that move, Ellinghaus believes Cadillac is where he "intended" it to be, plugged into global luxury trends, capitalizing on new opportunities in urban mobility, lagging in the U.S., but celebrating rising global sales, led by breakneck growth in China. Not far off is an infusion of fresh product that will put the quintessential American brand more in line with the very American trend toward crossover..
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  • And so it begins. The promised truce among wireless carriers is over.After vowing to avoid a repeat of the blistering iPhone price war of last year, AT&T will fire the first shot - offering a free iPhone with the purchase of another, for customers who also subscribe to its DirecTV satellite service.The buy-one-get-one-free promotion starts Friday and applies to the iPhone 8 and 8 Plus, among other phones. AT&T hasn't said whether the deal will be extended to Apple Inc.'s most expensive phone ever - the $999 iPhone X, aka 10 - which marks a decade since the company entered the phone business.Under pressure to find new customers in a market where every adult already has at least one phone, the wireless companies duked it out with cutthroat pricing on the iPhone last year. The giveaways took a toll on margins, costing about $200 (roughly Rs. 12,800) per subscriber in the second half of 2016, according to Jefferies Group LLC."We had to over-promote" to compete with plans from..

    AT&T Opens iPhone Price War With Buy-One-Get-One-Free Offer

    And so it begins. The promised truce among wireless carriers is over.After vowing to avoid a repeat of the blistering iPhone price war of last year, AT&T will fire the first shot - offering a free iPhone with the purchase of another, for customers who also subscribe to its DirecTV satellite service.The buy-one-get-one-free promotion starts Friday and applies to the iPhone 8 and 8 Plus, among other phones. AT&T hasn't said whether the deal will be extended to Apple Inc.'s most expensive phone ever - the $999 iPhone X, aka 10 - which marks a decade since the company entered the phone business.Under pressure to find new customers in a market where every adult already has at least one phone, the wireless companies duked it out with cutthroat pricing on the iPhone last year. The giveaways took a toll on margins, costing about $200 (roughly Rs. 12,800) per subscriber in the second half of 2016, according to Jefferies Group LLC."We had to over-promote" to compete with plans from..
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  • Basle have been hit by a UEFA disciplinary charge after their fans set off fireworks in Tuesday's Champions League match at Manchester United.Marouane Fellaini, Romelu Lukaku and Marcus Rashford secured the hosts a 3-0 win on a night when the Swiss champions' fans made themselves heard from the outset.However, the use of fireworks before the Group A opener kicked off has led to disciplinary proceedings being opened against Basle.The case will be dealt with by the UEFA control, ethics and disciplinary body on October 19.St Etienne were fined 50,000 euros in March after their fans set off fireworks, in addition to charges for throwing objects and the improper conduct of supporters, in their Europa League last-32 clash at Old Trafford. Source: PA Please enable JavaScript to view the comments powered by Disqus.

    UEFA opens disciplinary proceedings against Basle after fireworks at Man Utd

    Basle have been hit by a UEFA disciplinary charge after their fans set off fireworks in Tuesday's Champions League match at Manchester United.Marouane Fellaini, Romelu Lukaku and Marcus Rashford secured the hosts a 3-0 win on a night when the Swiss champions' fans made themselves heard from the outset.However, the use of fireworks before the Group A opener kicked off has led to disciplinary proceedings being opened against Basle.The case will be dealt with by the UEFA control, ethics and disciplinary body on October 19.St Etienne were fined 50,000 euros in March after their fans set off fireworks, in addition to charges for throwing objects and the improper conduct of supporters, in their Europa League last-32 clash at Old Trafford. Source: PA Please enable JavaScript to view the comments powered by Disqus.
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  • Starting next week, people in Hyderabad will be able to walk to a retail store and check out all of Xiaomi's products. The Chinese smartphone maker has announced that its new flagship Mi Home retail store in Hyderabad will be operational from September 12.The Mi Home store in Gear up Elite, Madhapur Main Road, Madhapur Hyderabad is the fifth Mi Home Store in India from the company, which just recently opened stores in Gurugram and Chennai. Earlier this year, Xiaomi expressed intentions to open 100 Mi Home stores in two years.At Mi Home, the company offers its entire catalogue of products including the Mi Air Purifier and accessories, and of course, the smartphones. One thing that will particularly excite customers about the Mi Home is that Xiaomi commits to give them the product they want at the store, ensuring there are no delays or out of stock issues."People can pre-book the device and we will ensure 100 percent that they get the unit on the day they want it," Xiaomi Vice Pr..

    Xiaomi’s First Mi Home Flagship Retail Store in Hyderabad Opens September 12

    Starting next week, people in Hyderabad will be able to walk to a retail store and check out all of Xiaomi's products. The Chinese smartphone maker has announced that its new flagship Mi Home retail store in Hyderabad will be operational from September 12.The Mi Home store in Gear up Elite, Madhapur Main Road, Madhapur Hyderabad is the fifth Mi Home Store in India from the company, which just recently opened stores in Gurugram and Chennai. Earlier this year, Xiaomi expressed intentions to open 100 Mi Home stores in two years.At Mi Home, the company offers its entire catalogue of products including the Mi Air Purifier and accessories, and of course, the smartphones. One thing that will particularly excite customers about the Mi Home is that Xiaomi commits to give them the product they want at the store, ensuring there are no delays or out of stock issues."People can pre-book the device and we will ensure 100 percent that they get the unit on the day they want it," Xiaomi Vice Pr..
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