Business

Google unveils self-driving auto company

A new logo has also been revealed, comprising a bright green and blue overlapping "W" symbol and the name of the company in an angular grey sans serif typeface. No one's going to die because a Google search engine doesn't return the right results. The company will not pursue a vehicle of its own creation, however. [Full Article...]

Heineken and Punch founder in takeover battle

Heineken and Punch founder in takeover battle The Board of Punch (the "Board") notes the recent speculation regarding possible offers for Punch. Shares in Punch, which owns 3,300 about pubs, shot up by 33% to 172p following the announcement. The company has a market value of about 386 million pounds ($489 million). Mr McIntosh, who is said to be working with advisers at Bank of America Merrill Lynch, is understood to have pitched an offer... [Full Article...]

Macquarie, KKR Offer $5.5 Billion for Australian Gaming Giant

Macquarie, KKR Offer $5.5 Billion for Australian Gaming Giant The new proposal , lobbed on Wednesday by the Pacific Consortium (which also includes Morgan Stanley Infrastructure and First State Superannuation), is potentially more generous than the $6.37 billion offer from Tabcorp . The rest will be paid in shares of Tatts' betting operation, which the consortium intends to spin off from with group with a value at AUS $1 to A$1.60 a share. [Full Article...]

UK Oil & Gas Investments (LON:UKOG) Broker Roundup

The company has 1 year Price Target of $56.08. They expect $0.04 EPS, down 84.00% or $0.21 from last year's $0.25 per share. Following the sale, the insider now owns 595,717 shares of the company's stock, valued at approximately $24,757,998.52. [Full Article...]

Venezuelans rush to unload bank notes before deadline

However, analysts and critics have criticised the decision by the government and said that it is likely to worsen the cash crunch in the country. Still, the biggest bill on the unofficial rate is still only worth $5. Also on Tuesday, the government released four imprisoned opposition activists. While many business were not accepting 100-bolivar bills, or warning they would only do so on Monday, po... [Full Article...]

Non-OPEC oil producers to cut output 558000 barrels a day

Non-OPEC oil producers to cut output 558000 barrels a day ET. "Oman will cut oil production by 45,000 barrels a day, following an agreement reached by OPEC with independent producers outside the organisation", a tweet by the Ministry of Oil and Gas read . But energy analysts question whether many other non-OPEC producers are attempting to present a Natural decline in output as their contribution to the deal. [Full Article...]

Italy's largest bank to shed jobs in aggressive overhaul

Italy's largest bank to shed jobs in aggressive overhaul The fragile sector has been hit by fresh anxiety recently after Italy's prime minister Matteo Renzi resigned in the wake of a "no" vote in a constitutional referendum. UniCredit chief executive officer Jean Pierre Mustier said: "We have developed a pragmatic plan based on conservative assumptions, with tangible and achievable targets, dependent on cost and risk management, levers which are firmly... [Full Article...]

Beyonce leads Grammy nominations as pop, R&B dominate top fields

Beyonce leads Grammy nominations as pop, R&B dominate top fields Southern California punk rockers Blink-182 were also recognized in the best rock album category for its first chart-topper in 15 years, " California ", which debuted at No. She has won 20 trophies altogether although she has yet to clinch the album of the year prize having been beaten to the title by Beck in 2015 much to the disgust of West, who stormed the stage in protest. [Full Article...]

Boeing seals $16 billion deal with Iran, Airbus to follow

Boeing today in a press release announced an agreement with Iran Air for 80 aircraft, including 50 737 MAX 8s, 15 777-300ERs, and 15 777-9s. Replacing planes is priority for Iran air. "An Airbus delegation has arrived in Tehran", Asghar Fakhrieh Kashan, a top deputy to Iran's minister of roads and urban development, told AFP. [Full Article...]

Gas prices continue rise on supply cut promises

Gas prices continue rise on supply cut promises Including the change in gas prices in NY during the past week, prices Sunday were 11.9 cents per gallon higher than the same day one year ago and are 2.2 cents per gallon higher than a month ago. Leicester's average price is 15 cents higher, and Geneseo is 14 cents higher, according to AAA data. "On one hand, we have the news that OPEC issued over the weekend; that a group of non-OPEC oil produc... [Full Article...]

McDonald's to move international tax base to UK amid EU scrutiny

McDonald's said on Thursday it will shift its fiscal headquarters for the majority of non-US operations to Britain following an European Union crackdown on the fast-food giant's tax benefits from Luxembourg. The move comes 12 months after Brussels competition officials announced a state aid inquiry into the fast food chain's arrangements in Luxembourg, where franchise and royalty fees from acros... [Full Article...]

Dylann Roof's confession and journal detail racist beliefs

Dylann Roof's confession and journal detail racist beliefs Prosecutors in SC say they plan to play Dylann Roof's recorded confession during his federal death penalty trial in the Charleston church shootings. "What are these cops doing?" Then, "a lot of sound went off", she said. He was taken into custody just before 11 a.m.in Shelby. Roof revealed to them a deep belief that African-Americas were risky. [Full Article...]

Top UK judges grill government lawyer on Brexit plans

Top UK judges grill government lawyer on Brexit plans Turning to government plans for passing legislation for triggering Brexit through parliament, if it loses the supreme court case, Eadie said that it would involve a "one-line act". At stake for the government is its plan to invoke Article 50 by the end of March, which could be jeopardised by lengthy parliamentary debates. The justices have emphasised that the appeal concerns an issue of law and ... [Full Article...]

Starbucks Corporation (SBUX), Lowe's Companies, Inc. (LOW)

Vetr downgraded Starbucks Corp. from a strong-buy rating to a buy rating and set a $62.81 price objective for the company.in a report on Tuesday, November 22nd. The original version of this piece of content can be viewed at http://www.mareainformativa.com/starbucks-corp-sbux-upgraded-at-edward-jones/75105/. On Dec. [Full Article...]

Oil Climbs as Scrutiny Shifts to Meeting on Non-OPEC Supply Cuts

Oil Climbs as Scrutiny Shifts to Meeting on Non-OPEC Supply Cuts North Sea Brent crude was up 25 cents at $53.25 a barrel by 0908 GMT. "Since the oil sector in Russia is only partly state-owned the companies will need to get compensated for any production freeze/cuts", he said, adding: "Talking to the Russian companies, there is no indication or intention to cut as well". [Full Article...]

OPEC, oil-producing nations strike deal to cut output

OPEC, oil-producing nations strike deal to cut output Opec was on Saturday seeking to persuade other oil producers to lower production as part of a newly-struck global pact to stem a crude glut and lift painfully low prices. "And missing this chance would just be wrong". Oil prices have more than halved in the past two years after Saudi Arabia raised output steeply in an attempt to drive higher-cost producers such as USA shale firms out of the mark... [Full Article...]

Cuba to prohibit naming of monuments, streets after Fidel

Tens of thousands of Cubans rallied on Saturday to pay one more tribute to the late leader Fidel Castro before his ashes are buried in the cradle of his revolution. "He fought and won, so I think he left all of the people of Latin America a magnificent example", the leftist former Brazilian president Dilma Rousseff said. [Full Article...]

Union president Jones challenges Trump on Carrier

He's had a big presence in the community particularly as people he represents have been getting laid off. "Trump and Pence, they pulled a dog and pony show on the numbers", Jones told the Washington Post . That local union branch represents workers at Carrier's Indianapolis plant. That's not what Trump told the press when he visited the plant, though. [Full Article...]

Pakistani plane crashes after takeoff with 48 people aboard

Pakistani plane crashes after takeoff with 48 people aboard The ATR plane PK-661 with 47 people crashed near Havelian while en route to Islamabad from Chitral in Khyber-Pakhtunkhwa province. The pilot of the ATR-42 turboprop aircraft contacted ground authorities after one engine failed and issued a Mayday call at 4.14 pm local time (1114 GMT), Azam Saigol, the airline's chairman, told a news conference Wednesday in Islamabad . [Full Article...]

Wall Street Journal Virtually Alone In Defending Trump's Pick For Labor Secretary

Mr. Trump and Puzder also have similar views on Obamacare. The Labor Department regulates wages along with workplace safety. The nomination of Puzder would represent the second major clash this week that Donald Trump has set up with organized labor. [Full Article...]


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