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Economy

A 45-year-old woman has also been taken to hospital with injuries, according to reports. The blast happened outside Varby Gard metro station, in a southern district of the Swedish capital, at around 11am local time. According to the Local , "Explosives are often used by organised crime rings in Sweden, especially in the south where settling of scores and intimidation are frequent among drug traffickers".
  • Toyota introduces e-Palette, its mobile retail space

    Toyota introduces e-Palette, its mobile retail space

    Economy

    Only one model is on display at CES , but eventually Toyota plans for the vehicles to come in three different sizes. The vehicle was announced alongside new partners Toyota has enlisted to build out its mobility services ecosystem, including Pizza Hut , Amazon , Uber , Didi and more.
  • Wintry mix to cause icy mess as cold snap peaces out

    Wintry mix to cause icy mess as cold snap peaces out

    Economy

    The further south and west your reside, the warmer the temperatures and the more cold rain you will see. With ground temperatures expected to be below freezing because of the subfreezing temperatures since Christmas, freezing rain is the biggest concern and will impact the Monday morning commute.
  • Tata Motors announces Jaguar Land Rover sales figures

    Tata Motors announces Jaguar Land Rover sales figures

    Economy

    Jaguar Land Rover India announced a robust growth of 49 percent in volume for the calendar year 2017. Contribution to this growth came from nearly all model lines of Jaguar Land Rover , starting with the XE followed by the XF, F-PACE, Discovery Sport and Range Rover Evoque.
  • Sensex, Nifty close at record highs on Q3 earnings optimism

    Sensex, Nifty close at record highs on Q3 earnings optimism

    Economy

    The rupee strengthened by 11 paise to 63.26 against the U.S. dollar in the opening trade due to selling of the greenback by exporters and banks amid gains in domestic equities which scaled record highs. Firm global cues with most other Asian markets rising with the corporate earnings season about to kick off amid more records on Wall Street, too positively impacted on the domestic bourses here.
  • Mueller Eyes Ivanka Trump Encounter With Russian Lawyer

    Mueller Eyes Ivanka Trump Encounter With Russian Lawyer

    Economy

    The Los Angeles Times/Tribune Washington Bureau is not identifying the individual Mueller has asked to return for further questioning as part of an agreement to keep the person's identity confidential. "Everything I've done is 100% proper, that's how I do things - proper", the president said during a 20-minute press conference at Camp David. Trump reportedly hoped Sessions would protect him from the probe.
  • New York's JFK Airport experiences meltdown amid cold weather

    New York's JFK Airport experiences meltdown amid cold weather

    Economy

    The eastern United States and Canada froze on Saturday under record-breaking low temperatures following a deadly winter storm as New York's flagship airport descended into chaos, battling to contain flight backlog. The Port Authority is limiting some flight arrivals into JFK Airport on Saturday in the wake of a backlog of flights as the airport recovers from Thursday's snowstorm, according to officials.
  • Apple: App Store customers spent $890M Christmas week

    Apple: App Store customers spent $890M Christmas week

    Economy

    For instance, an app that was in the top ten apps previous week will not be seen in the top ten this week. Yesterday, Apple released a press release detailing its success over the festive season, more specifically the App Store pulled in $300 million on New Years Day alone.
  • Girl, 15, charged with starting Melbourne bushfire

    Girl, 15, charged with starting Melbourne bushfire

    Economy

    One house was seriously damaged, with owner Jim Crozier telling the ABC that the fire meant he'd lost his art collection, worth $40,000, as well as a place to live, saying, "I'm terrified to go anywhere near the house". One house was severely damaged on Darnley Drive. "Fortunately, and in most cases of fire arson, it is the community that provides us the breaks in these types of cases", she said.
  • GoPro slashes up to 300 jobs, mostly in its Karma drone division

    GoPro slashes up to 300 jobs, mostly in its Karma drone division

    Economy

    The job cuts are part of a bigger restructuring in the company, TechCrunch reported, citing a letter sent to impacted employees. CEO Nick Woodman reported that the company had 1,254 employees as recently as November of a year ago. The problem was eventually traced to the Karma drone battery being shaken loose due to vibrations while flying. GoPro said it fixed the issues with the Karma and put it back on sale in February 2017.
  • US Crude Oil Worth Hits $60 a Barrel, Highest Since Mid

    US Crude Oil Worth Hits $60 a Barrel, Highest Since Mid

    Economy

    Already there are analysts warning that prices have nowhere to go but down after net speculative long bets on crude oil, gasoline, and heating oil broke records in the week to December 26, at a staggering 1.183 billion barrels . The global benchmark crude traded at a premium of $6.17 to March WTI. In the United States, crude oil inventories fell by 5 million barrels in the week to December 29 to 427.8 million barrels, industry group the American Petroleum Institute said on Wednesday.
  • FEMA allows churches to apply retroactively for disaster aid

    FEMA allows churches to apply retroactively for disaster aid

    Economy

    Faith leaders and constitutional advocates have long debated whether FEMA's policy should change. But when three Texas churches affected by Hurricane Harvey sued FEMA over its previous policy, a US district court denied the plaintiffs a preliminary injunction on the grounds that the federal agency was not obligated to fund repairs to religious spaces.
  • Several Flashlight Apps in Play Store Found to Harbour Malware

    Several Flashlight Apps in Play Store Found to Harbour Malware

    Economy

    For all of 2017, iOS developers earned $26.5 billion, according to marketing chief Phil Schiller. Pay attention to what happens when you install a new app. This is because Android has a higher rate of adoption in developing markets. The data harvesting mobile security apps on the Play Store were performing the usual security tasks, thereby making users believe that they were genuine apps with no ulterior motives.
  • Legal & General Group Plc Raises Position in Southwestern Energy (SWN)

    Economy

    Elm Ridge Management LLC owned approximately 0.13% of Southwestern Energy worth $4,026,000 as of its most recent SEC filing. Bridgewater Associates Lp sold 4.31M shares as the company's stock declined 18.09% while stock markets rallied. Northeast Investment Mgmt reported 111,697 shares stake. Strs Ohio holds 520,000 shares or 0.01% of its portfolio. Addison, a Pennsylvania-based fund reported 1,336 shares.
  • Economy set for slowdown as govt pegs growth for FY18 at 6.5%

    Economy set for slowdown as govt pegs growth for FY18 at 6.5%

    Economy

    The UK economy has shown some signs of resilience, posting a higher than expected growth rate during the third quarter. The GDP advance estimates for fiscal year 2017-18 were revealed on Friday. Reducing its forecast it said that the farm sector would grow at 2.1 per cent in comparison to the 4.9 per cent in 2016-17. The data also showed that the agricultural output inflation rate is also expected to fall to 0.7 per cent against 4.1 per cent over this period, an indicator that might ...
  • A crunch, a fire, and panic: planes collide at Toronto airport

    A crunch, a fire, and panic: planes collide at Toronto airport

    Economy

    A WestJet plane from Cancun, Mexico, had been stationary and waiting to go to a gate at Pearson International Airport just after 6pm on Friday night when it was hit by a Sunwing aircraft. There were 168 passengers and six crew members aboard the arriving airplane, according to Lauren Stewart, a WestJet spokeswoman. Sunwing tweeted that the accident had been caused by the ground-handling service Swissport , which is a third-party contractor many airports use to handle aircraft and cargo on ...
  • Check Capital Management INC Has Lowered Fedex (FDX) Stake as Valuation Declined

    Economy

    The stock increased 4.10% or $12.17 during the last trading session, reaching $308.84. Government Properties Income Trust (NYSE:GOV) has risen 16.67% since January 6, 2017 and is uptrending. Cowen & Co maintained FedEx Corporation (NYSE:FDX) rating on Monday, December 18. The stock of FedEx Corporation (NYSE:FDX) earned "Hold" rating by TheStreet on Thursday, September 3.
  • Burnout Paradise Remaster Coming to PS4 in Japan

    Economy

    In Japan it will cost ¥4,104, which converts to around $35. Brazil's governmental rating system, Classificação Indicativa, was then seen logging Burnout Paradise as an upcoming release for PS4, XBO and Nintendo Switch, before the listing was pulled.
  • GDP growth seen slowing to 6.5%

    GDP growth seen slowing to 6.5%

    Economy

    Economic Affairs Secretary Subhash Chandra Garg said: " GDP growth of 6.5 per cent for 2017-18 implies growth of 7 per cent for the second half". GDP had grown by 7.1 per cent in FY17, 8 per cent in FY16 and 7.5 per cent in FY15. Indeed, over the past 12 months GDP grew at a rate of just 1.5 per cent; the joint-slowest rate of growth for over four years. "Investment growth of nearly twice of previous year indicates investment reviving".
  • Align Technology (ALGN) Earns Media Sentiment Rating of 0.19

    Economy

    About 220,692 shares traded. Align Technology's Invisalign clear aligners continue to win market share globally as an alternative to traditional metal braces, and over the course of 2017, growing demand in Asia and among teenagers led to a more than doubling in its market cap past year.
  • Feces-smearing passenger prompts flight diversion: Authorities

    Feces-smearing passenger prompts flight diversion: Authorities

    Economy

    Airport Operations said the Boeing 777 was grounded overnight for maintenance. Passenger Tri Nquyen sat next to the man, a family friend who offered to ensure his safe arrival in Vietnam. The FBI reported that the man had been released from jail in Evansville, Indiana, two days prior to the incident and was on his way to Vietnam to live with relatives.