Markets

by | November 03, 2018 | 13:33

The employee inadvertently fell asleep in the forward cargo hold, which was not loaded with cargo on that flight. Chicago police and the FBI investigated, with both declining to press charges, according to ABC. The employee was discovered when the aircraft arrived at the gate in Chicago, according to a statement from American Airlines. "Our top priority is ensuring the well-being of the Piedmont employee", the airline stated.

by | November 03, 2018 | 11:37

Pakistan's government has "inherited a very hard economic situation", Khan told Xi. The Prime Minister said CPEC was going in stages including roads, development of Gwadar, which was the second deepest port after Singapore, and some power projects that became part of CPEC.

by | November 03, 2018 | 11:20

The company originally said in its third-quarter earnings call previous year that it would reach full production of 5,000 Model 3s per week in the first quarter of 2018. The capability was rather limited, allowing owners to prompt a parked Tesla to roll out of a garage or parking spot, but it wasn't capable of driving autonomously through a parking garage to find an empty parking space.

by | November 03, 2018 | 11:16

U.S. President Donald Trump said on Friday that he will likely make a deal with China on trade, adding that a lot of progress had been made to resolve the two countries' differences but warning that he still may impose more tariffs on Chinese goods.

by | November 03, 2018 | 09:57

John Kemp , commodities analyst for Reuters , noted that USA crude oil production is rising at the fastest rate on record: "Crude output has increased by more than 2 million barrels per day [bpd] over the past 12 months, an absolute increase that is unparalleled in the history of the US oil industry".

by | November 02, 2018 | 05:08

Shadow Brexit secretary Sir Keir Starmer was scathing about the move. "Three hours later his own department was forced to correct the record". However, May´s spokesman refused to repeat the date of November 21, repeating only that "we wish to conclude the deal as quickly as possible".

by | November 01, 2018 | 08:44

Combined, the three key locations can process a million parcels a day from across the country, Hamilton said. "At this point there is a backlog of over 150 trailers in Toronto, Vancouver and Montreal of items waiting to be unloaded and processed, with more arriving every day", said Canada Post spokesman Jon Hamilton.

by | November 01, 2018 | 08:50

Bosses at Jaguar Land Rover embarked on a £2.5bn turnaround plan this afternoon, in an attempt to stem a rising tide of losses and lower sales at Britain's largest vehicle maker. JLR also plans to launch several new vehicles including the Jaguar I-Pace, which hits USA showrooms next month, and the new Land Rover Defender, due in 2020, over the next few years and will offer a hybrid or electric version of all its models by 2020.

by | November 01, 2018 | 07:43

On Tuesday, Facebook posted third-quarter earnings per share of $1.76 on revenue of $13.73 billion, versus consensus estimates for EPS of $1.46 on revenue of $13.765 billion, according to FactSet. "Monetization of core Facebook and Instagram assets still has material upside potential and Messenger and WhatsApp are beginning early stages of monetization", wrote RBC Capital Markets analyst Mark Mahaney.

by | November 01, 2018 | 05:04

Commerce and industry minister Suresh Prabhu said the rise was because of a combination of factors. The reforms of the past year covered the doing business areas of starting a business, registering property and resolving insolvency. In grant of construction permits, India's rank improved from 181 in 2017 to 52 in 2018, an improvement of 129 ranks in a single year. "India also made paying taxes less costly by reducing the corporate income tax rate and the employees' provident funds scheme ...

by | November 01, 2018 | 05:29

India's Ministry of Finance recently published a press release where it talks about the 19th Meeting of the Financial Stability and Development Council ( FSDC ) attended by the prominent ministry members that deliberated on the crypto development, ban on crypto use among other finance related topics.

by | November 01, 2018 | 03:40

But speaking later on BBC Radio 4's Today programme, Mr Hammond said: 'When you make a promise to the electorate and they elect you then you have an obligation to deliver on that promise.' The Institute for Fiscal Studies yesterday said the Conservatives had pulled nearly a million people into the higher tax bracket in the past eight years.

by | November 01, 2018 | 02:13

All spending announcements in Philip Hammond's Budget will be fully funded, regardless of whether the United Kingdom secures a Brexit deal, Downing Street has pledged. Previously, he had said the government was pressing for a deal this autumn. The letter does not give many new details of the negotiation, but Mr Raab confirms that the United Kingdom and the European Union now "agree on the principle of a UK-wide customs backstop".

by | October 31, 2018 | 04:13

U.S. USA stocks turned higher as financial markets remained volatile amid a spate of mixed earnings and fresh data showing cracks in the housing market. In response, Beijing said it would impose taxes on 5,207 United States imports worth about USD 60 billion. China's stocks climbed as authorities said they'd encourage long-term funds to invest.

by | October 31, 2018 | 02:57

Those talks ultimately came to nothing which has apparently allowed Sports Direct to step in and snap up the high street chain. "Unfortunately some stores will have to close". The deal marks the latest in a string of rescues, closures and consolidation on the high street as retailers grapple with a ideal storm of higher costs and weaker consumer spending.

by | October 30, 2018 | 04:22

The DOJ did not immediately respond to Business Insider's request for comment. Musk has said in the past that the Model Y could go for $5,000 more than the Model 3, which now starts at $45,000. Investors betting on Tesla's demise were dealt a $2bn blow last week as the shares surged by more than a quarter after it stunned analysts by posting its first quarterly profit in two years .

by | October 30, 2018 | 05:08

According to The Telegraph , getting endorsements, such as in the form of likes, can be an addictive behavior for some users and cause them to delete their posts if they don't get enough signs of approval. Dorsey, a billionaire who also runs payment company Square, is under pressure to clean up his platform, which came under attack by Russian trolls who used it to spread fake news ahead of the USA election and the European referendum in 2016.

by | October 30, 2018 | 03:53

The S&P index was down 1.7 per cent on Friday to take its total decline for October down to 8.8 per cent and put it on course for its worst month since the financial crisis in 2009. Amazon , Alphabet , Mattel and other big companies fell sharply after turning in disappointing quarterly results. Technology stocks and media and communications companies accounted for much of the selling.

by | October 30, 2018 | 04:43

In documents seen by The Sunday Times , the charity highlights Goop products that experts warn could endanger the public. One product in the spotlight is called " The Mother Load " which professes to be "top-of-the-line natal protocol" for women who are pregnant or planning to get pregnant.

by | October 29, 2018 | 05:47

Billionaires from Asia and especially in China's city of Shenzhen are now challenging the US' traditional dominance in technology entrepreneurialism. Breaking it down by source for the newest entrants, 40% are from the consumer and retail sector, followed by 17% from financial services and 11% in the technology sector.

by | October 29, 2018 | 06:21

The plane had been due to land at around 7:30 a.m. local time in Pangkal Pinan, the largest city on the Indonesian island of Bangka. The plane lost contact 13 minutes after takeoff, according to the official. In 2013, one of its Boeing 737-800 jets missed the runway while landing on the resort island of Bali, crashing into the sea without causing any fatalities among the 108 people on board.

by | October 29, 2018 | 03:26

From there, organizers say , they'll travel on to Mexico City, where the group hopes to push for the Mexican government to change immigration laws. The long line of migrant marchers is several weeks from reaching the US border. Migrants travel on a cattle truck toward the United States border as a thousands-strong caravan of Central American migrants slowly makes its way toward the U.S.

by | October 29, 2018 | 04:11

The project would have been the first time a government of a developed economy had become directly involved with a crypto currency exchange, analysts and traders said. As reported, the U.K government does not broadly regulate crypto or crypto exchanges, except for certain derivatives such as crypto-based Contract For Differences (CFDs).

by | October 29, 2018 | 02:36

The two companies have worked together for the past two decades, and intend to focus on the hybrid multi-cloud market after joining forces. "It changes everything about the cloud market", said IBM CEO Ginni Rometty. In 2015, International Business Machines (IBM) announced that it would move an expansive network of law enforcement data to the cloud for use by law enforcement agencies across North America.

by | October 29, 2018 | 04:00

The ECB President Mario Draghi attends a press conference at the ECB headquarters in Frankfurt , Germany, on October 25, 2018. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. "The central bank should not be subject to fiscal or political dominance and should be free to choose the instruments that are most appropriate to deliver its mandate", Draghi said.

by | October 28, 2018 | 04:09

Investors cheered the report , and the company's stock shot up about 10% during after-hours trading Thursday evening. The automaker made 5,300 Model 3s during the final week of the third quarter, less than the weekly goal of 6,000 it had set for the end of August.

by | October 28, 2018 | 03:09

Performance Review: Over the last 5.0 days, Transocean Ltd . The next couple of weeks may be a great time for investors to review the portfolio and make some adjustments for the last few months of the year. Two companies could generate the same EPS number, but one could do so with less equity (investment) - that company would be more efficient at using its capital to generate income and, all other things being equal, would be a "better" company.

by | October 28, 2018 | 03:09

The Times reports that Google's board previously awarded Rubin $US150 ($212) million in stocks in 2014, a "few weeks" after the company began its investigation into his relationship with the woman, who had filed a complaint. A spokesman for Rubin denied the allegations, the newspaper said. The company docked off his bonus when bondage sex videos were found on his work computer.

by | October 28, 2018 | 03:07

Kentucky-based Cullinan Associates Inc has invested 0.32% in Alphabet Inc. (NASDAQ:GOOG). Staley Capital Advisers invested in 30,653 shs. Litman Gregory Asset Management LLC acquired a new stake in Alphabet in the 1st quarter valued at about $113,000.

by | October 28, 2018 | 03:53

The company has a current ratio of 0.65, a quick ratio of 0.56 and a debt-to-equity ratio of 0.74. Several institutional investors have recently added to or reduced their stakes in SJR. "Over recent months the company also launched Voice over LTE ("VoLTE") across its network on a wide range of devices and expects that over 800,000 Freedom customers will be able to use VoLTE before the end of 2018", it said.

by | October 28, 2018 | 02:09

India has imported about 30 million barrels of USA crude over the a year ago, starting October 2017. Still some traders believe the almost $10 per barrel drop in Brent crude seen over October is a little overdone with much of the selling pressure being fueled by the global sell-off in equities and broader risk-off sentiment in the market.

by | October 28, 2018 | 01:52

He said: "It's a sad day but we weren't completely shocked". Westwood Cross is also one of the sites for Claire's accessory stores which face an uncertain future after United States parent company Claire's Store Inc, filed for bankruptcy earlier this year.

by | October 28, 2018 | 02:06

This may occur at the same time. This ascending monthly return given optimistic signal for Investors. This represents a $2.80 annualized dividend and a yield of 2.59%. "With commentary on par with recent quarters, noting that 2019 booked load and rate factors are higher than the same time a year ago, and a still-expanding booking window, we don't foresee any imminent slowdown in the demand for cruising", Morningstar analyst Jaime Katz wrote in a note to investors.

by | October 28, 2018 | 02:10

The Canadian Union of Postal Workers ( CUPW ) said its members are intentionally delaying shipments of tens of thousands of letters and parcels across the country in an effort to protest the latest contract demands made by Canada Post, which is locked in fractious negotiations with the union.

by | October 28, 2018 | 02:08

Mr Jack said the businesswoman and star of the BBC's The Apprentice, Baroness Brady, had told him she would be making a statement on Monday after the Telegraph highlighted her role as chairman of Taveta, the holding company of Arcadia. That privilege has traditionally been used by the media to report on what was said. Sir Philip was made a Knight Bachelor in the 2006 Queen's Birthday Honours.