Business

Bank of England keeps interest rate on hold as economy slows

Bank of England keeps interest rate on hold as economy slows The central bank said on Thursday that inflation had fallen faster than it expected. It said first-quarter growth will probably be revised up to 0.3 percent from the initial estimate of 0.1 percent. "While the storms of February and March have given way to sunnier skies, the economic outlook for the United Kingdom remains clouded by Brexit uncertainties ", Carney said. [Full Article...]

Elon Musk's Underground LA Tunnel 'Almost Done,' Free Demo Rides Coming

Elon Musk's Underground LA Tunnel 'Almost Done,' Free Demo Rides Coming Boring Company is seeking approval to tunnel into western Los Angeles. The future price for a ride will be a little lower than a bus ticket. The general idea is that the capsules will be able to transport cars and pods containing eight to 16 people through tunnels with entry and exit points once every mile. [Full Article...]

As UK economy slows, central bank holds off rate increase

As a result, "the average two-year fixed rate has climbed to 1.50% today, up from 1.17% in May 2017, while the average five-year fixed rate market has grown by 0.27% to stand at 2.08% today". 'Only one month ago, the markets were predicting a more than 90% probability of a United Kingdom interest rate increase this month. Around the same time, Governor Mark Carney also had signaled in an int... [Full Article...]

Australia Is Spending $700K AUD On Blockchain Study

Australia Is Spending $700K AUD On Blockchain Study Australian fintech will get a boost from the 2018-19 Budget, with a number of measures announced to support the enhancement and promotion of the industry. A $25 million research initiative on Artificial Intelligence and Machine Learning including new collaborative research delivered through the Collaborative Research Centres program, and a strategic roadmap and an ethics framework led by CSIRO's D... [Full Article...]

Renishaw (LON:RSW) Hit GBX 5400.00 Target

Retail Bank Of America Corp De holds 0% of its portfolio in Ei Group plc (LON:EIG) for 27,114 shares. Raymond James & Associate stated it has 0% of its capital in Secure Trust Bank Plc (LON:STB). The stock of iomart Group plc (LON:IOM) has "Buy" rating given on Monday, December 4 by Peel Hunt. The stock of British Land Company Plc (LON:BLND) has "Underperform" rating given on Friday, November 13 b... [Full Article...]

Trump Administration taps projects to pilot expanded drone use

Trump Administration taps projects to pilot expanded drone use The companies will develop "operational concepts" that includes testing package delivery, detect-and-avoid technologies, night operations, flights over people, the reliability and security of data links between pilot and aircraft, and others. [Full Article...]

Ford temporarily shutting down F-150 production due to parts shortage

Ford temporarily shutting down F-150 production due to parts shortage Fire at the Meridian Magnesium Products plant which supplies Ford with radiator support has led to shortage of vital parts for Ford F-150. The plant continued to produce Chevrolet Colorado and GMC Canyon mid-size pickups. The automaker's other source of the popular F-150, in Dearborn, Michigan, may go down this week, said a person familiar with the situation, who asked not to be identified... [Full Article...]

Saudi Arabia, Gulf Allies Join Israel in Backing US Iran Move

Saudi Arabia , the United Arab Emirates (UAE) and Bahrain swiftly backed U.S. President Donald Trump's decision to reimpose sanctions on Iran . Trump said on Tuesday that the 2015 nuclear deal, which lifted sanctions on Iran in return for measures restricting its nuclear programme, did not go far enough in removing the threat posed by Tehran to the US and its allies in the Middle East... [Full Article...]

Walmart set to announce Flipkart deal today

Walmart set to announce Flipkart deal today While Flipkart is reportedly inching closer to sealing the deal to sell its majority stake to the U.S. retail giant for at least United States dollars 12 billion, SoftBank is yet to finalise on the portion of its 20 per cent holding it will sell and the time of the deal. [Full Article...]

Uber closer to launching flying auto service

Uber closer to launching flying auto service Imagine summoning a flying taxi instead of a vehicle using Uber's smartphone app. Uber is hoping to make that happen in the near future and announced today a research partnership with NASA to study manned urban taxis. The aircraft will transport four passengers at a time. Uber has shared more details on a flying auto that could eventually transport you around cities. [Full Article...]

Debt is harder to erase than Valeant's name

Debt is harder to erase than Valeant's name The firm has a market cap of $6.29 billion, a PE ratio of 5.17, a price-to-earnings-growth ratio of 0.38 and a beta of -0.35. Weekly/Monthly/Quarterly/YTD/Yearly Performance: The stocks has year to date performance of -12.61 percent and weekly performance of 0.5 percent. [Full Article...]

Boris Johnson calls UK's post-Brexit trade plan 'crazy'

Boris Johnson calls UK's post-Brexit trade plan 'crazy' With deep divisions emerging in Theresa May's Cabinet over the hybrid customs partnership proposal, the CBI's director-general Carolyn Fairbairn welcomed Clark's intervention and called for "pragmatic solutions, not ideology". Could the issue topple May? In a scathing assessment of the Foreign Secretary's behaviour, Mr Grieve concluded: "I don't think he is in any way prohibited by normal propr... [Full Article...]

Arsenal star has revealed that offers has already started flooding in

Arsenal star has revealed that offers has already started flooding in That "Invincibles" season was his last as a Premier League victor, though, and fans became exhausted of Arsenal's inability to compete for Premier League and Champions League titles. "I can tell you I love Brazil as well, you know", Arsene Wenger told ESPN. Most recently, he also watched on the Emirates Stadium club's crushing 5-0 win over Burnley , which was manager Arsene Wenger's fin... [Full Article...]

Amazon.com (AMZN) PT Raised to $1800.00 at Loop Capital

Fiserv, Inc. (NASDAQ:FISV) has risen 21.71% since May 6, 2017 and is uptrending. It has outperformed by 5.62% the S&P500. Hartwell J M Limited Partnership increased Amazon.Com ( AMZN ) stake by 902% reported in 2017Q4 SEC filing. On Friday, April 27 Canaccord Genuity maintained the shares of AMZN in report with "Buy" rating. The company was maintained on Tuesday, November 1 by Axiom Capital. [Full Article...]

EnLink Midstream LLC (NYSE:ENLC) to pay $0.17 dividend

San Francisco Sentry Investment Grp Inc (Ca) has invested 0% in Stratasys Ltd. (NASDAQ:SSYS). About 451,663 shares traded. The hedge fund held 2.74 million shares of the natural gas distribution company at the end of 2017Q4, valued at $194.14M, up from 2.67 million at the end of the previous reported quarter. [Full Article...]

Auto Trader Group (AUTO) Stock Rating Reaffirmed by Numis Securities

Therefore 57% are positive. Capita Group The PLC had 228 analyst reports since July 24, 2015 according to SRatingsIntel. On Thursday, June 16 the stock rating was maintained by Goldman Sachs with "Buy". Several other analysts have also issued reports on the company. Investors sentiment decreased to 0.97 in 2017 Q4. Narrowing in a bit closer, the 5 month price index is 0.89275, the 3 month is 0... [Full Article...]

Air France shares in tailspin after CEO quits

Air France shares in tailspin after CEO quits The survival of strike-hit Air France is to be decided, as indicated by the nation's economy serve. "Following the results of the staff consultation launched on 20 April 2018, Jean-Marc Janaillac, Chairman and CEO of Air France-KLM, has confirmed his decision to resign", an Air France statement read, Friday. [Full Article...]

That first Big Mac was so good he's had 30000 of them

That first Big Mac was so good he's had 30000 of them Gorske says he's driven not by the challenge of reaching new milestones but by his love of hamburgers. A retired United States prison guard has eaten his 30,000th Big Mac, almost 46 years after eating his first. Don Gorske is tall and thin with a graying ponytail. But it's an absurd number of Big Macs. In 2003, Ellen DeGeneres asked him to get his cholesterol checked, and it was 140. [Full Article...]

Mukesh Ambani's daughter Isha Ambani to marry Anand Piramal of Piramal Enterprises

Mukesh Ambani's daughter Isha Ambani to marry Anand Piramal of Piramal Enterprises Twin sister to Akash, Isha was proposed to at a temple in Mahabaleshwar over the weekend. Besides the degree, she also serves on the board of Reliance Jio and Reliance Retail, and is known to add youthful dynamism in the business. He is now the executive director of Piramal Enterprises, which is said to be valued at $4 billion. Anand has graduated with a BA from the University of Pennsylvania ... [Full Article...]

US Stocks Decline as Fed Keeps Rates Steady

US Stocks Decline as Fed Keeps Rates Steady But many analysts believe the Fed will raise rates again in June. It's rate-setting committee said inflation had "moved close" to its target and downplayed a recent slowdown in economic and job growth, saying activity had been expanding at a moderate rate and job gains, on average, had been strong in recent months. [Full Article...]


« Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201  Next »