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Airbus bags Asian deals as Farnborough struggles to take off

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The firm order carries a list price of up to $2.7 billion. AirAsia CEO Tony Fernandes, left, with Airbus CEO Fabrice Brégier. "We would like to congratulate Airbus for producing the state-of-the-art A321neo aircraft that meets our requirements for efficient operations", said Fernandes. Read More »

BC to allow Vancouver to tax vacant homes

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The province has not yet had any requests from other municipalities for similar taxation authority, which de Jong said would require amendments to the Community Charter that sets out the powers of municipalities other than Vancouver. "Certainly, it's something that council will no doubt want to examine as to whether or not we can do that and whether or not we should do that". A rally for better social housing has turned into a protest at Vancouver City Hall. Read More »

'Ghostbusters' review: Female-led reboot not too fresh or amusing

Ghostbusters can't decide whether it wants to be a completely new take on the property or a loving homage to the original, and because of that it's trapped between the two. That's what baffled me the most about this whole "controversy": If anyone has earned the benefit of the doubt when it comes to comedies , it's Paul Feig . Read More »

AG: 10000 Arizona vehicles eligible for VW settlement

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Volkswagen , which produces both vehicle brands, must pay the refund plus buy back or fix cars that were created to manipulate emissions test results illegally, the Iowa Attorney General's Office announced Tuesday. The move came a day after the German carmaker agreed to settle in what could be the largest class-action suit in the USA over cars. That includes government fines, dealer remuneration, fix costs, vehicle repurchases, plus the litigation costs and damages awarded plaintiffs from ... Read More »

Amazon schedules Prime Day follow-up

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Amazon announced that Prime Day 2016 will offer much better inventories on TVs on sale than on Black Friday and Cyber Monday. Today, July 6, Amazon is offering up wonderful video discounts, like 60% off Hunger Games: Mockingjay Part 2 and 55% off The Intern - read on to find out how you can benefit from these savings and find out about more deals - and remember, you only have today to shop these entertainment sales. Read More »

Typhoon Nepartak: First north-western Pacific system 2016 forms after record calm

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A category 5 storm can have winds which can clock up past 157 miles per hour. Nepartak is steadily moving to the northwest and will reach Taiwan by Thursday night local time. The CMO believes that, based on its current trajectory, Nepartak could go on to hit Fujian and Zhejiang by Saturday. An estimated 23 million people have been affected by floods, hailstorms and landslides, the Ministry of Civil Affairs said, while China's Flood Control Department said the country was experiencing its ... Read More »

Prosecutors decline to charge Edsel Ford II after arrest

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The great-grandson of Henry Ford has an office near the top of the company's headquarters in Dearborn, and it includes the original wooden desk of the founder. Her husband spent the night in jail after his arrest, Rosati said, but was released Tuesday after the prosecutor's decision. An arraignment hearing was scheduled for 10:30 a.m. Read More »

Porsche Panamera Turbo S Could Ruin Acura NSX!

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Seven minutes and 38 seconds is all it took to get the heavy luxury sports sedan around the infamous Green Hell, just as fast as those supercars mentioned above. For a four-door sedan to beat all of the above cars, Porsche has really hit the nail on the head with the second-generation Panamera. It is widely anticipated that this addition will be named as the Panamera Turbo S Hybrid. Read More »

Seventeen suspects to appear in court over Istanbul airport bombing

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Turkish authorities have detained at least 24 people in raids in several Istanbul neighborhoods over possible connections to the attack. Prime Minister Binali Yildirim said Monday that police were on high alert and had boosted their presence at Istanbul's airports and metro and railway stations. Read More »

Bulls trade Derrick Rose to Knicks

After what started out as a promising career as the number one overall pick in the 2008 draft, and a string of successful seasons that led to an MVP trophy in 2011, everything since then has been a nightmare for both Rose and the Chicago Bulls. Read More »

Amazon 'Prime Day' sales gimmick is back this July

The company is referring to the second entry of Prime Day as the "biggest Amazon event ever", exceeding over 100,000 deals when it launches at midnight PT on the 12th. However, Amazon faced a backlash on social media, with some complaining about a lack of in-demand deals and items selling out too quickly, with the #PrimeDayFail hashtag gaining popularity. Read More »

Cleveland relaxes rules on protest marches at GOP convention

The only sporting legend left on Trump's roster is former baseball coach Bobby Knight, who has already endorsed and introduced the real estate mogul-turned-politico at events. He said: 'The Republican Party has its head up its ass - if he's the candidate, you've got to get behind him. As of publication, neither the Trump campaign nor the GOP convention team have responded to our requests for comment. Read More »

Duterte sworn in as president of Philippines

After taking his oath before a small audience inside the Malacanang presidential palace, ending the era of Benigno Aquino, Duterte signalled there would indeed be some dark days during his six years in office. To be completely fair, all administrations have started out with similar premises and promises; we must test the rhetoric against the reality. "My adherence to due process and the rule of law is uncompromising", he said. Read More »

Obama, Clinton to campaign in North Carolina

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Art Laffer, a former Ronald Reagan economic adviser who supports Trump , said he did not like the tone of Trump's speech on Tuesday but thought it was an improvement over his past comments on trade. Normally, both parties try to marginalize third-party candidates and keep them from getting publicity in order to prevent them from siphoning off supporters. Read More »

Chipotle exec placed on leave amid drug allegations

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Crumpacker oversaw Chipotle's free-burrito giveaway and the new loyalty program, neither of which, to be fair, has been the company's saving graceyet. The New York Daily News first reported on the drug bust . As of press time, Chipotle had not yet responded to FastCasual's inquiry about the charges. Read More »

People like Kejriwal as he sensationalises issues: Goa CM

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Patidar Anamat Andolan Samiti leader from Saurashtra Lalit Vasoya said Kejriwal's scheduled route from Somnath suggests that he was planning to woo voters of five Patel-dominated Assembly constituencies in Saurashtra - Rajkot (West), Rajkot (East), Gondal, Jetpur, and Dhoraji. Read More »

Firm: California spill went undetected due to pipeline work

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Emergency crews scrambled to halt the oil's progress before it reached the Pacific Ocean and, fortunately, it looks like they were successful. It's not known if the valve itself or human error caused the spill. Early Thursday morning, firefighters rushed to the scene to try and prevent the crude oil from spilling into the ocean. "It didn't make it into the ocean", said Ventura County fire Capt. Read More »

The key landmarks on the road to Brexit — EU referendum result

It is enshrined in Article 50 of the 2007 Lisbon Treaty, which sets out the procedure to be followed if a member state decides to leave the EU. This would set in motion a process by which the member and the European Union leadership will negotiate the terms of the departure and reach and agreement in two years. Read More »

CIBC to buy Chicago-based bank

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Dodig said CIBC was attracted to the quality of the management team at PrivateBancorp and announced that its president and CEO, Larry Richman, would remain in those positions, and become head of the Canadian bank's USA region. The Chicago bank's president and CEO, Larry Richman, will remain in those positions and take over the helm of the Canadian bank's USA operations. CIBC said the acquisition will reduce per-share cash earnings by 12 cents in the first year and will add to earnings ... Read More »

Pending home sales slow in May amid shortage of affordable homes

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The Northeast was down by 5.3 percent; the Midwest dipped 4.2 percent; the South decreased by 3.1 percent; and the West recorded a 3.4 percent drop. Economists had forecast that pending sales fell 1.1%, according to Bloomberg, following a 3.9% jump in April that was revised lower. Read More »

Kellogg to open cereal cafe in New York City

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While there's no word on milk alternatives (which NY audiences may demand), customers can add yogurt or soft-serve ice cream for an extra $2. Dishes have a maximum price of $7.50 - more than a whole box of cereal in a supermarket. But then in a very low-tech way, when it comes time for you to receive your cereal, we give you a buzzer and your buzzer will tell you what cabinet to go to. Read More »

Oil prices rally on falling United States inventories

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Brent crude futures were up 27 cents, or 0.5 per cent, at US$48.85 per barrel by 9:49 am EDT (1349 GMT). This is the sixth consecutive drop in US crude oil inventories. Among longer-dated oil futures, the discount for December WTI versus December 2017 held near the nearly three month high above $2.40 a barrel seen on Tuesday. Read More »

Trump lashes out at Clinton's personal record, policies

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Hillary Clinton regained a double-digit lead over likely general-election rival Donald Trump in a new poll released Friday. "(Trump) has also said he will contribute significantly more money". "There is a real question about how much he has in terms of liquid assets", said Norman Einstein, a political scholar and expert in political finance at the American Enterprise Institute, a conservative think tank in Washington, citing the regulatory filings, which do not give a precise picture of ... Read More »

Pound falls further in Asian markets

But analysts continue to focus on the pound, which was one of the biggest market casualties from Britain's historic vote to exit the European Union last Thursday. "But it is fair to assume investors are not yet done with all the selling they need to". "The current environment is supportive for Bunds", said fixed-income strategists at UniCredit. Read More »

Texas may not restore lost abortion clinics despite ruling

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The U.S. Supreme Court on Tuesday rejected appeals over abortion laws in MS and Wisconsin, upholding the rulings of lower courts that blocked restrictions on abortion providers. The lieutenant governor said the Texas Legislature will work on developing a fresh law to restrict abortions. Its director, Troy Newman, said in the email that he helped write the Texas law and fought hard for its passage. Read More »

Family dogs kill three-day-old girl in California

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Investigators say they are treating the attack as an accident and they don't believe there was any criminal activity. But the two canines, said to be Shar-pei and pit bull mixes who belonged to the woman's brother, came into the home and bit the child. Read More »

Breaking Brexit: The UK votes to leave the EU

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Or, at the very least, affording themselves a smile. "If this result holds, it's the end of Britain, it's as simple as that", said Simon Schama. This morning I feel bleak. An EU national who has lived here for the last 12.5 years, built a home and raised a family, established myself as a member of my community". "It's a catastrophe. Read More »

Final surveys show United Kingdom to stay with the EU — BREXIT

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That reflects the positive campaign the SNP fought, which highlighted the gains and benefits of our European Union membership, and people across Scotland have responded to that positive message. What was a surprise to me is how financial markets had gone all in expecting a Remain outcome even as polls showed it too close to call . That is for another day. Read More »