Business

Qatar Airways snaps up 9.6% of Cathay Pacific Airways

The Middle Eastern carrier will purchase 378.2 million shares from Kingboard Chemical, Kingboard Investments and Kingboard Laminates for HK$5.16 billion ($661 million). Earlier in the year, American Airlines rebuffed Qatar. Cathay shares fell 3.9 percent by mid-morning in Hong Kong, to HK$12.68. Shares of Cathay have increased by over 29% since the beginning of 2017 despite the air carrier pos... [Full Article...]

Intel and AMD tie up says game on to Nvidia

Intel and AMD tie up says game on to Nvidia AMD's VP and GM of RTG, Scott Herkelman, added a statement of his own: "Our collaboration with Intel expands the installed base for AMD Radeon GPUs and brings to market a differentiated solution for high-performance graphics". Intel and AMD are joining hands to combine Radeon graphics and a Core CPU in a single package. This multi-chip design will leverage Intel's Embedded Multi-Di... [Full Article...]

The British threatened the death penalty for doctor prescribed tramadol

The British threatened the death penalty for doctor prescribed tramadol Family members told the Sun that Miss Plummer, 33, signed a 38-page statement in Arabic thinking it would lead to her release, but instead she has been kept in a cell with 25 other women for almost a month. Ms Plummer was arrested after flying in to a Red Sea beach resort for a break with Omar. "But the conditions are going to be extremely basic and I'm sure she's petrified by what is unfolding ... [Full Article...]

Turnbull 'open' to NZ refugee offer

Turnbull 'open' to NZ refugee offer Numerous men say they are too afraid to resettle in alternative accommodation and are refusing to leave the detention centre, which is also a Papua New Guinea (PNG) naval base. Ms Ardern's relationship with Australia has been controversial since her election with deputy PM Julie Bishop labeling the 37-year-old New Zealand leader "untrustworthy". [Full Article...]

9-year-old with cancer wants cards for his last Christmas

9-year-old with cancer wants cards for his last Christmas How cute is that young man?! According to the GoFundMe page set up by Jacob's mother, the family admitted him to Barbara Bush Children's Hospital on October 11 with the understanding that he would pass away within a month. Celebrities like Anna Kendrick, Rob Lowe and CNN's Jake Tapper have similarly announced their intentions to send Jacob some holiday cheer. Jacob started getting high q... [Full Article...]

Saudi Prince Dies in Helicopter Crash Near Yemen Border

Saudi Prince Dies in Helicopter Crash Near Yemen Border Prince Miteb bin Abdullah: The former head of the Saudi National Guard, which will now be headed by Prince Khalid bin Ayyaf al-Muqrin, was the most favoured son of the late King Abdullah. Kingdom Holding did not respond to requests for comment from The National . Al-Arabiya said that the anti-corruption committee had the right to investigate, arrest, ban from travel or freeze the assets of any... [Full Article...]

New orders boost growth in the United Kingdom services sector

New orders boost growth in the United Kingdom services sector The 50 mark distinguishes growth from contraction. The UK service sector expanded at the strongest pace in six months in October, largely driven by improved order books and client demand, survey data from IHS Markit showed Friday. On the basis of past form, the services index points to an acceleration in official services growth from Q3's 0.4% rate to about 0.7% or so, said Ruth Gregory at Capit... [Full Article...]

After UK rate hike, PM May expects higher returns for savers - spokesman

After UK rate hike, PM May expects higher returns for savers - spokesman And Raj Badiani, director of economics at IHS Markit, told HuffPost: "We believe the pressure for further interest rate hikes in early 2018 is expected to subside". They just don't react to a Bank of England base rate change immediately anymore. The monthly bills of 1.4million households with tracker mortgages rose automatically when the Bank increased the base rate on Thursday. [Full Article...]

Mortgage payments set to rise as Bank of England raises interest rates

Mortgage payments set to rise as Bank of England raises interest rates The City reacted positively today as governor of the Bank of England Mark Carney announced a well-trailed base rate rise of 0.25% from a historic low, hit in August previous year. In November, inflation is expected to hit 3,2%, that is, significantly higher the 2% policy target set by all G7 Central Banks. Mr Carney said inflation was unlikely to return to 2% without raising rates, because t... [Full Article...]

Whitbread plc's (LON:WTB) Hold Rating Reaffirmed at Numis Securities Ltd

Whitbread plc's (LON:WTB) Hold Rating Reaffirmed at Numis Securities Ltd Among 17 analysts covering Tate Lyle PLC ( LON:TATE ), 5 have Buy rating, 1 Sell and 11 Hold. The stock increased 0.88% or $2 during the last trading session, reaching $229.8. The correct version of this piece can be viewed at https://baseballnewssource.com/markets/canaccord-genuity-boosts-river-and-mercantile-group-plc-riv-price-target-to-gbx-385/1743847.html. [Full Article...]

Facebook profits leap on booming ad revenue

Facebook profits leap on booming ad revenue Average revenue generated per daily user is at its highest level at around $7.54. "I've directed our teams to invest so much in security, on top of the other investments that we're making, that it will significantly impact our profitability going forward", Zuckerberg told investors during the call. [Full Article...]

Chinamasa begins cyber crackdown with arrest of American citizen in Zimbabwe

Chinamasa begins cyber crackdown with arrest of American citizen in Zimbabwe In a statement to police, O'Donovan denied the allegations against her as "baseless and malicious". Police claim that "tweets emanating from her IT address are insulting to the president", said Zimbabwe Lawyers for Human Rights who are representing her. [Full Article...]

Obama wants you to know Obamacare open enrollment has begun

Obama wants you to know Obamacare open enrollment has begun His goal in participating in the social media campaign is to help make sure that millions of Americans who aren't already insured understand that they still can get coverage through Healthcare.gov, a source close to Obama said. With insurers exiting the market, about half of counties will only have one participating carrier offering plans. "We have four plans in the Pima County Marketplace, Br... [Full Article...]

Whole Foods to hold National Hiring Day at all locations Thursday

Whole Foods to hold National Hiring Day at all locations Thursday The upscale grocery chain is hosting a national hiring day event at all of its stores tomorrow. Candidates can visit any Whole Foods Market store today and receive an interview, with opportunities for on-the-spot job offers. On the same day that the $13.7 billion deal closed, Whole Foods lowered the prices on a number of items, from avocados to salmon. The 6,000 Whole Foods jobs don't count towa... [Full Article...]

NYPD Commends Officer Ryan Nash for Saving Lives in Manhattan Truck Jihad

NYPD Commends Officer Ryan Nash for Saving Lives in Manhattan Truck Jihad He has been described as a "very active cop" with a record that includes more than 50 arrests. CBS reports that Nash was taken to the hospital for ringing ears but that he was otherwise unhurt. Saipov was in critical condition but expected to survive. Police say Saipov is responsible for the attack, but he has yet to be charged. Wednesday morning, police found a note in the truck in which Saipov... [Full Article...]

Tesla, Inc. (TSLA), HP Inc. (HPQ)

Tesla, Inc. (TSLA), HP Inc. (HPQ) Musk had warned there would be bumps in the road as Tesla entered "production hell" for the Model 3, and in August warned of "production bottlenecks". Tesla's soaring stock has made the company the second-most valuable US automaker behind General Motors Co (GM.N), which had annual net profit of $9.4 billion in 2016. [Full Article...]

Bitcoin Eases From Record High, Bitcoin Gold Surges 17%

Bitcoin Eases From Record High, Bitcoin Gold Surges 17% The availability of bitcoin futures contracts is expected to introduce a wave of Wall Street capital into the crypto markets, increasing liquidity and - presumably - ratcheting up the bitcoin price. The BRR was created by the CME Group a year ago in November by working in tandem with UK-based Bitcoin futures exchange Crypto Facilities Ltd. The CBOE is now waiting for an approval nod from U... [Full Article...]

Samsung posts another record-breaking quarter, announces change in leadership

The company confirmed that its chief financial officer Lee Sang-hoon will be the new chairman of the board, said long-time co-CEOs J.K. Shin and Yoon Boo-keun would resign. Samsung will allocate at least 50 percent of free cash flow to shareholder returns over the three years. Operating profit almost tripled on-year to 14.5 trillion won - also a quarterly record - it said in a regulatory filin... [Full Article...]

Sprint and T-Mobile merger has reportedly been dropped

Sprint and T-Mobile merger has reportedly been dropped Sprint's shares were down 9 percent at $6.36 and T-Mobile fell 4.3 pct to $60.35. T-Mobile owner Deutsche Telekom will be getting official notice "as early as Tuesday", the report continues. Apart from offering free Netflix streaming to subscribers (as T-Mobile has done), the two second-tier telcos have not made their presence felt in streaming video. [Full Article...]

Arkansas wins a thriller 38-37 over Ole Miss

Arkansas wins a thriller 38-37 over Ole Miss Kelley began the Arkansas comeback when he scored on a 15-yard keeper with 2:44 left in the half and then tossed a 23-yard scoring pass to sophomore receiver Deon Stewart to make it a 10-point margin with 13 seconds left. The Razorbacks would have a game winning field goal drive to secure the win from 34 yards out. Ole Miss turned the ball over three times, including a fumble recovered for a... [Full Article...]


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