Business

Recount won't 'transform' election result - Sanders

Recount won't 'transform' election result - Sanders

This plan could start with his backing of Rep. Last week he tweeted, "I am working hard, even on Thanksgiving, trying to get Carrier A.C. Company to stay in the U.S. A representative for Carrier declined to comment on Sanders' statement . "Let's be clear: it is not good enough to save some of these jobs", Sanders posted on his Senate website.



European Banks Under Pressure as Italian Referendum Looms

Erik F. Nielsen, chief economist of Italy's UniCredit bank, said on 20 November that a No vote would be "a setback for Renzi , but it'll have nothing in common with the Brexit or Trump stories". This, in turn, will make it less likely that investors will want to help recapitalise Italy's risky banks, those cited by the Financial Times argue.



Iran, Iraq at loggerheads with Saudis ahead of OPEC meeting

Major oil producers will meet in the Austrian capital, Vienna, to try and agree on the implementation of a production cut initially agreed in September. Louis. Experts say Baghdad would have to compensate worldwide oil companies for restrictions placed on their production if the OPEC deal is agreed. Intense negotiations would be needed on Wednesday to cement a deal, Goldman Sachs GS.N said in a note to clients.


Chernobyl shelter safely placed over exploded reactor

Chernobyl shelter safely placed over exploded reactor

Ukraine unveiled a new protective cover over the destroyed Chernobyl nuclear reactor No.4, which would prevent the leakage of the radiation from the unit during the next century, media reports said. A 30-kilometer (19-mile) area around the plant has remained largely off-limits and the town of Pripyat, where the plant's workers once lived, was turned into a ghostly ruin of deteriorating apartment buildings.



With Deals Offered Early, Will Shoppers Buy on Cyber Monday?

Stores are trying to better cater to savvier shoppers, who are splitting their spending back and for. Black Friday set a new record by surpassing the $3 billion mark for the first time, while Thanksgiving accounted for $1.93 billion. Adobe Digital Insights' chief analyst and director Tamara Gaffney mentioned the drop in sales in online sales following the USA presidential elections and said that the Black Friday online sales are expected cover up for all losses.



Thanksgiving weekend shoppers spent less due to discounts

According to the latest report from Adobe Digital Index, online spending in the United States on Wednesday reached $1.57 billion, up 19 percent from last year, while reaching $1.93 billion by the end of Thanksgiving Day, up 11.5 percent from last year.