Huawei’s folding Mate X smartphone challenges Samsung Galaxy Fold

Whatever way you look at it, the flexible FullView OLED Display gives you an unparalleled view. #HUAWEIMateX #ConnectingTheFuture #MWC2019 pic.twitter.com/6ktzyivsWg — Huawei Mobile (@HuaweiMobile) February 24, 2019 MANILA — Huawei launched its folding Mate X smartphone on Sunday, in a response to Samsung’s Galaxy Fold, as it teased the arrival of its photography-centered P30 series …

Murray Energy Corporation Announces Idling of the KenAmerican Resources, Inc. Paradise No. 9 Mine

ST. CLAIRSVILLE, Ohio–(BUSINESS WIRE)–Murray Energy Corporation will idle the KenAmerican Resources, Inc. Paradise No. 9 Mine effective immediately due to market conditions. All employees affected during this idle period have been notified, and to the extent possible, positions at the Company’s other operations have been offered. For further information please contact media@coalsource.com. Source: www.businesswire.com

Huawei Mate X launches at Mobile World Congress: Specs, price

Huawei launched a foldable smartphone on Sunday, striking back at Samsung just days after it launched the first consumer-ready foldable device. Huawei launched the Mate X at an event at Mobile World Congress in Barcelona. The Chinese tech giant said the phone will start at a whopping price of 2299 euros (approximately $2600), and will …

Guan Eng upbeat on economy after January CPI data, more jobs created – Business News | The Star Online

KUALA LUMPUR: Finance Minister Lim Guan Eng expects the country to grow a further 4.9%  this year amid a decline in inflationary pressure while an additional 41,000 quality manufacturing jobs are expected to be created in the next two years. In a statement released on Sunday, he said the January 2019 Consumer Price Index (CPI) …

We can no longer rely on coal for our future prosperity. We must plan for life without it

It will be no news to anyone that the coal industry is a pretty big deal in our economy – it is our biggest export and a major source of economic growth. We do however get a bit overexcited about it as we get trapped into thinking the Australian economy is all about mining and …

Venezuela struggles to find buyers for its oil after US sanctions

Following the US sanctions, Venezuela’s oil inventories have swelled to a five-year high as the nation struggles to find buyers for its oil, according to the Wall Street Journal. At the end of January, the US imposed sanctions on PDVSA to “help prevent further diverting of Venezuela’s assets by Maduro and preserve these assets for …

Pak’nSave pushes for new spot on Te Rapa Rd opposite Countdown

WINGATE ARCHITECTS Wingate Architects’ drawings of the proposed new Pak’nSave on Te Rapa Rd, as part of Foodstuffs’ resource consent application. Supermarket giants Foodstuffs and Woolworths are squaring off over a bid to build a Pak’nSave store opposite Countdown in north Hamilton. Woolworths wants the bid to be rejected primarily on the grounds of traffic …

Costlier canned goods, condiments as DTI OKs price hikes on basic goods

MANILA – After a price freeze despite peak inflation during the months leading up to the Christmas season, the Department of Trade and Industry (DTI) has announced price hikes on 56 basic commodities this February.  “Due to the three-month price hold-off that was implemented in the last quarter of 2018, no price increase was effected …

Espenilla was BSP’s top cop, champion for marginalized

MANILA — Bangko Sentral ng Pilipinas Governor Nestor Espenilla, who succumbed to tongue cancer, knows when to crack the whip while pushing for wider access to financial services, especially for the poor. Espenilla, 60, was a longtime deputy governor for enforcement, in charge of disciplining banks, until he assumed the governorship from Amando Tetangco in …

Bankrupt builder who left a trail of debts in Queenstown back ‘on the job’

A bankrupt builder who left a trail of debts behind in Queenstown appears to have been running a new construction business in Auckland. Jaden Melgren’s Queenstown-based True Line Builders Ltd was put into voluntary liquidation in July 2017 and out-of-pocket creditors are still trying to claw back almost $800,000. He shifted to Auckland and set up building company Melcon …

Jacinda Ardern faces her ‘Lange moment’ over Huawei decision

OPINION: David Lange could smell the garlic on the French diplomat’s breath. We could keep the Rainbow Warrior terrorists Alain Mafart and Dominique Prieur in prison or we could sell butter to the European Union. Pick one, Prime Minister. Idealists who obtain power inevitability get punched by reality. Jacinda Ardern, like Lange, is a sensation …

Magic Leap CEO: We’re dead serious about the ‘Magicverse’

Rony Abovitz, CEO of Magic Leap, talks about the Magicverse like it’s a real thing. That’s because it is part of the visionary manifesto, of which the Magic Leap One augmented reality glasses are only a part. In an exclusive interview with GamesBeat, Abovitz said his company is working with partners to build the Magicverse, …

Life’s late bloomers prove that you’re never too old for change

Many people remain in the same job for decades and aren’t happy. Jacques Steenkamp speaks to people who were brave enough to switch careers later in life. Looking down at the one-eared baby in her lap, Jo Dooley realised something is amiss in her own life. It wasn’t the fact she was sitting halfway across the world, in an …

DealBook Briefing: What Will Warren Buffett’s Annual Letter Say?

The stock market rout that occurred at the end of last year hurt Berkshire Hathaway’s 2018 profits, at least on paper. The conglomerate controlled by Warren E. Buffett suffered losses of $25.4 billion in the fourth quarter, according to Berkshire’s annual report that was released on Saturday. The company owns $173 billion of stocks and …

Social Security expansion bill poised to gain traction in Congress

As Social Security’s funding problems loom ever closer on the horizon, the program has emerged as a pet project on many lawmakers’ fix-it list. Now in control of the House, Democrats have thrown their weight behind a measure that would extend and expand the program — largely by asking high earners to pony up, along …

Oscars Provide Stage for Participant Media’s Comeback Story

BEVERLY HILLS, Calif. — Just a couple of years ago, Participant Media, a film and television company founded in 2004 by the eBay billionaire Jeff Skoll, seemed to have lost its way. Badly. Bets on movies like “Denial,” about Holocaust disavowal, and “The Light Between Oceans,” a romance involving a moral quandary, were not paying …

Musk calls hydrogen fuel cells ‘stupid,’ but tech may threaten Tesla

Tesla and its competitors in the battery-powered electric vehicle market dominate debate over who will control the future of cars, but there’s another kind of green transportation technology making inroads in the United States, and it is based on the planet’s most abundant resource. Fuel cell electric vehicles (FCEVs) combine hydrogen stored in a tank …

Atlas Air Flight 3591: Cargo jet crashes near Houston with 3 aboard

A Boeing 767 cargo jet flying en route to Houston from Miami crashed Saturday afternoon near Houston’s main airport with three people on board, the Federal Aviation Administration said. Atlas Air Flight 3591 crashed into Trinity Bay, near Anahuac, Texas, shortly before 12:45 CT, the FAA said. The plane was operating for “Amazon Air,” the …

Owners of Baltimore’s Harborplace may be in danger of default on loan

The New York-based company that owns — and is upgrading — the Harborplace pavilions in the Inner Harbor is in danger of defaulting on its loan for the property, according to analysts at the real estate research firm TreppWire. Ashkenazy Acquisition Corp. paid General Growth Properties $100 million in 2012 for the pavilions at Pratt …

Chinese app beats US tech giants like Apple, Amazon to be crowned world’s most innovative company

The world’s two most innovative companies this year are both from Asia, with Chinese tech platform Meituan Dianping unseating 2018 champion and Silicon Valley giant Apple, according to ratings by US business magazine Fast Company. While Washington keeps saying that Beijing is stealing its technology and uses this mantra to justify the ongoing trade war, …

Ajit Pai Claims His FCC Improved Broadband Access

Ajit Pai says the Federal Communications Commission’s annual broadband assessment will show that his deregulatory policies have substantially improved access in the United States. The annual report will also conclude that broadband is being deployed to all Americans in a reasonable and timely basis. The FCC hasn’t released the full Broadband Deployment Report yet and …

Bangko Sentral Governor Nestor Espenilla passes away at 60

BSP Governor Nestor Espenilla Jr. passes away after battling tongue cancer Published 11:39 PM, February 23, 2019 Updated 12:15 AM, February 24, 2019 FRUITFUL. BSP Governor Nestor Espenilla passes away at 60, leaving key reforms in the agency. Rappler file photo MANILA, Philippines – Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla Jr has passed …