Finance

Finance China is revealing its 2017 GDP. Here's what analysts expect
Author: 0 China is revealing its 2017 GDP. Here's what analysts expect

Policy sources told Reuters previously that China will still keep its GDP growth target at around 6.5 per cent in 2018 as Beijing seeks to balance efforts to reduce debt risks while keeping the economy on a steady footing. "The priority this year is to control risks, especially financial risks". Healthy growth in 2017 was seen as particularly important for China's leaders.

Finance Thought 2017 was bad? 2018 could be much worse
Author: 0 Thought 2017 was bad? 2018 could be much worse

These accounted for two thirds of all malicious emails and included the WannaCry virus that hit the NHS and infected 300,000 computers across 150 countries. Following a year of widespread uncertainty, instability and fragility, global economic recovery is under way, offering new opportunities for progress, higher stock markets, gross domestic product growth and the unwinding of "exceptional" policies by the world's major banks.

Finance Bank of America shares fall on Q4 Revenue miss
Author: 0 Bank of America shares fall on Q4 Revenue miss

Take-Two Interactive Software, Inc. (NASDAQ:AMBC) has risen 2.68% since January 16, 2017 and is uptrending. It has outperformed by 28.58% the S&P500. Bank of America announced that its board has authorized a share buyback plan on Tuesday, December 5th that allows the company to buyback $5.00 billion in shares.

Finance Dow Hits 26000 for First Time as Trump Market Rally Makes History
Author: 0 Dow Hits 26000 for First Time as Trump Market Rally Makes History

The S&P 500 was up 18.09 points, or 0.65 percent, at 2,804.33 and the Nasdaq Composite was up 62.08 points, or 0.85 percent, at 7,323.14. On Friday, stocks booked their second-straight week of gains and ended at record levels. The advance helped lift exporter shares in Asia, with Japan's Nikkei hitting its highest since 1991. Glenveagh Properties rose 0.7 per cent to €1.24 on a day when it announced four senior management appointments.

Finance Inflation Falls by 0.53% to 15.37% in December 2017
Author: 0 Inflation Falls by 0.53% to 15.37% in December 2017

The report stated that it became 11th consecutive disinflation (slowdown in the inflation rate though still positive) in headline year -on- year inflation since January 2017. On the prospect of the Bank of England's monetary policy committee (MPC) raising interest rates again following November's rise to combat inflation, he added: "The MPC is unlikely to feel pressured into raising rates again very soon".

Author: 0 Carillion workers "face uncertain future" after collapse

Bradley said the government had actively encouraged small businesses to get involved in public sector contracts "to make sure the little guy got a slice of the pie". Meanwhile WolverhamptonNorth East MP Emma Reynold asked about the company's rule change that made it more hard for bonuses to be clawed back, something which the Institute of Directors had slammed earlier in the day.

Finance Newly-discovered diamond among world's largest ever
Author: 0 Newly-discovered diamond among world's largest ever

The announcement was followed by a sharp rise in the share price of Gem Diamonds Ltd. of more than 15% in the London Stock Exchange. Roughly the size of two golf balls, the precious gem has an estimated value of $US40 million ($50 million).

Finance Worries about U.S. shale output wave as oil hits two-year high
Author: 0 Worries about U.S. shale output wave as oil hits two-year high

Two months ago no one predicted prices to rise beyond what they were at that time. Crude demand will expand by about 1.5 million barrels a day in 2018, OPEC Secretary-General Mohammad Barkindo said at a conference in Abu Dhabi . The threat comes not just from onshore shale production, but prices are now high enough that major multibillion-dollar offshore projects could get financing.

Finance Construction firm with 43000 employees collapses
Author: 0 Construction firm with 43000 employees collapses

The lenders pulled out after the government refused to guarantee the firm's debts, leaving Carillion without the cashflow required to continue as a business. Mr Lidington revealed Carillion's former bosses will be investigated as he warned of possible "severe penalties". Carillion retirees already receiving their pensions will continue to receive payments, the government has assured.

Finance Airbus wins sales race with Boeing for 5th straight year
Author: 0 Airbus wins sales race with Boeing for 5th straight year

Emirates was widely expected to place an order for 50 of the world's biggest passenger airliner at the Dubai Air Show previous year but this failed to come. In fact, orders for two planes were canceled. Airbus also admitted on Monday that the future of its A380 super jumbo program is highly uncertain.

Finance Hawkeyes rally from 20 down to win in overtime
Author: 0 Hawkeyes rally from 20 down to win in overtime

Underwood considers Iowa sophomore forward Tyler Cook - the Hawkeyes' leading scorer and rebounder - one of the best players in the Big Ten, and Iowa's length on the perimeter could also be trouble. The Hawkeyes made five more free throws down the stretch to finish with 104 points - Iowa's largest output against IL in the series that dates back to 1908.

Finance (NYSE:JPM) Stake Decreased by KJ Harrison & Partners Inc
Author: 0 (NYSE:JPM) Stake Decreased by KJ Harrison & Partners Inc

It has outperformed by 17.04% the S&P500. Therefore 86% are positive. Societe Generale cut JPMorgan Chase & Co. from a "buy" rating to a "hold" rating in a research note on Tuesday. (NYSE:CTLT) for 262,464 shares. Zeke Capital Advisors Limited Liability owns 0.08% invested in Prologis, Inc. (NYSE: JPM ). Goelzer Mngmt owns 0.48% invested in JPMorgan Chase & Co.

Finance Carillion could enter administration on Monday unless United Kingdom backs rescue
Author: 0 Carillion could enter administration on Monday unless United Kingdom backs rescue

A spokesman for Prime Minister Theresa May said on Friday the government was monitoring the situation and had drawn up a contingency plan after the 200-year-old group asked creditors for more time to tackle its debts. Last month, Carillion said it received all necessary consents to defer the test date for both its financial covenants from December 31 to April 30, 2018, and that it was continuing constructive talks with stakeholders on options for cutting net debt and recapitalizing.

Author: 0 Tarsus Group (TRS) Rating Reiterated by Liberum Capital

It has underperformed by 16.70% the S&P500. Four research analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company's stock. Midas Mgmt holds 0.07% in President Energy Plc (LON:PPC) or 5,000 shares. The stock of Marshalls plc (LON:MSLH) has "Buy" rating given on Wednesday, May 18 by Peel Hunt.

Finance Turkish passenger plane skids off runway on Black Sea coast
Author: 0 Turkish passenger plane skids off runway on Black Sea coast

If it had slid any further along the slope, the plane would have likely plunged into the Black Sea in the Turkish province of Trabzon. Trabzon Governor Yucel Yavuz confirmed that all 168 people on board were evacuated safely. The flight was on the way from the Turkish capital Ankara to Trabzon Airport on Saturday when the incident occurred. Meanwhile, Yuksel Gordu, another passenger said it was "a miracle" that they survived.

Finance Uber used secret system to lock down computers in police raids
Author: 0 Uber used secret system to lock down computers in police raids

Uber says this tool - no longer in use - could lock computers and smartphones and change passwords remotely from the company's headquarters in San Francisco. While legal experts say that it is normal for a company to protect its data, Uber is unique in that it often intentionally tries to circumvent local laws.

Finance Facebook shares drop after News Feed overhaul rolls out
Author: 0 Facebook shares drop after News Feed overhaul rolls out

While it's too early to tell what users will do, there's little reason not to trust Facebook on this particular question. " By doing so, Zuckerberg says he hopes to make the time people " spend on Facebook more valuable ". Those include personal posts from friends or family, and especially those looking for a suggestion or sparking a conversation. The social network recently announced that user feeds will now feature less news and other public content and more of the personal photos and ...

Finance Brace yourself - Storm Eleanor is on the way!
Author: 0 Brace yourself - Storm Eleanor is on the way!

Strong winds could gust up to 50mph. Police have thanked emergency services personnel, Infrastructure crews and Civil Defence, who have been on hand to assess and fix the storm damage. This covers the period between midnight on Tuesday and midday Wednesday. "As well as this, there is a small chance of disruption to power and other services".

Finance Jio's New Offer: Prepaid Recharge Plans Between Rs 300-Rs 500
Author: 0 Jio's New Offer: Prepaid Recharge Plans Between Rs 300-Rs 500

This means users will get 84GB of data during the validity period, up from 70GB. Here's a list of Jio's prepaid recharge plans priced between Rs 300-Rs 500: Reliance Jio prepaid plan priced at Rs 349Jio's Rs 349 prepaid recharge plan offers 70GBs of 4G high speed data for a period of 70 days with daily cap of 1GB data, Jio's website said.

Finance Delta Air Lines Inc Earnings Advance 13% In Q4
Author: 0 Delta Air Lines Inc Earnings Advance 13% In Q4

It has outperformed by 3.59% the S&P500. During the same period last year, the business posted $0.82 earnings per share . sell-side analysts anticipate that Delta Air Lines, Inc . Weaver C Barksdale And Associates holds 0.02% or 180 shares in its portfolio. (NYSE:V). At Comml Bank has invested 0.03% of its portfolio in Visa Inc.

Finance Kenya Airways launches non-stop direct flight from Narobi to NY
Author: 0 Kenya Airways launches non-stop direct flight from Narobi to NY

The airline will operate its state of the art Boeing 787 Dreamliner with a capacity of 234 passengers. The return flight will leave NY at 12:25 p.m. and arrive in Nairobi the next day at 10:55 a.m. As the offers connections to over 40 African destinations, those destinations now have the luxury of proximity to a transatlantic network. Each flight will be managed by a crew of four pilots and 12 flight attendants, with Economy Class ticket going at $869 (Sh 89,000), two way.

Finance Fireworks experts share safety tips for New Year's Eve
Author: 0 Fireworks experts share safety tips for New Year's Eve

New Years Eve fireworks are generally on a 3-5 year contract and can take up to 12 months to prepare for. "By 6 p.m., there will be a line to the door or out the door and by 9 p.m". City officials said Friday the event will begin shortly before midnight with a DJ set followed by fireworks. -Have a fire extinguisher or a bucket of water on hand to extinguish any incipient fire.

Finance Major power outage at CES 2018, Consumer leaving the show
Author: 0 Major power outage at CES 2018, Consumer leaving the show

The CTA also added, much less helpfully, "While we work through this isolated power outage feel free to visit our exhibitors in South Hall and North Hall". Any tech being shown off at the show that requires an outlet isn't operational. The blackout lasted for about 2 hours and the cause still remains a mystery.

Finance Trump rejects bipartisan Senate immigration proposal
Author: 0 Trump rejects bipartisan Senate immigration proposal

The six senators have been meeting for months to find a way to revive protections for young immigrants who arrived in the U.S.as children and are here illegally. A border security provision is likely to include more money for a mix of additional physical barriers and technology along the US border with Mexico but probably not a border wall on the scale that Trump campaigned on in 2016.

Finance Fire at Nottingham Train Station
Author: 0 Fire at Nottingham Train Station

Police are investigating the cause of a huge fire at Nottingham railway station, which was tackled by 60 firefighters at its height. He said crews were still inside and trying to contain the fire between the new part of the station and the main building, describing the operation as "difficult and protracted".

Finance Walmart's wage hike would be smart even without tax cuts
Author: 0 Walmart's wage hike would be smart even without tax cuts

In the most recent quarter Sam's reported sales in existing stores rose 2.8%, while Costco reported sales rose 7.9%. No formal announcement had been posted Thursday morning by Sam's Club , but the company acknowledged the closures on Twitter with a general statement.

Finance Consumer Prices Rose 0.1% in December
Author: 0 Consumer Prices Rose 0.1% in December

Consumer inflation slowed in December to a tiny 0.1 percent gain as the cost of energy products tumbled following a big jump in November. But energy prices fell 1.2 percent in December due mainly to a 2.7 percent decline in the cost of gasoline relative to November.

Finance BJ's to laid off Sam's Club employees: We're hiring
Author: 0 BJ's to laid off Sam's Club employees: We're hiring

In Winston-Salem, the Sam's Clubs on Hanes Mall Boulevard and Summit Square Boulevard were open Thursday afternoon, workers at the stores said . Stay with tampabay.com for updates. Well, apart from the fact those bonuses were only meant for employees who had been working at the company for 20 years - a benchmark that makes most Walmart workers ineligible - the news about wage hike was supposed to distract the public and media from very disturbing news.

Finance 21 brands of orange cream and ice cream bars recalled
Author: 0 21 brands of orange cream and ice cream bars recalled

For instance, at Giant Eagle, the recalled products are 12-packs of traditional Giant Eagle ice cream bars, 12-packs of Giant Eagle orange ice cream bars and 30-count variety packs of Giant Eagle ice cream bars. Products under the Hood and Kemps labels show "best by" dates of July 1, 2018 to June 30, 2019. There is no evidence of any contamination prior to October 31, 2017, but the company has issued the recall back to January 1, 2017, as a precautionary measure.

Finance Costco Christmas Tree Successfully Returned Because It Died
Author: 0 Costco Christmas Tree Successfully Returned Because It Died

Whether she really needed the money or because of some other reason, scroll down to read how the customer tried to abuse Costco's refund policy and let us know what you think about it in the comments. "I saw the whole thing go down with my own two eyes about 30 minutes ago". If I didn't see it, I wouldn't believe that someone had so little moral values or lack of conscience.

Finance Dropbox has confidentially filed to go public
Author: 0 Dropbox has confidentially filed to go public

The joke surrounding Dropbox for years was that the company was set to go public in the fourth quarter of that year - every year. The sources said Goldman Sachs Group Inc. In July 2017, Dropbox featured as No. 2 on the Forbes Cloud 100 list of top private cloud companies. If it does indeed go public, we'll learn the ins and outs of Dropbox soon.

Finance Tesco Ireland sales up 4% over key Christmas period
Author: 0 Tesco Ireland sales up 4% over key Christmas period

In a statement issued today (11 January), Tesco said: "Our online grocery business had a record Christmas period, with over four million customer orders over the six weeks contributing to sales growth of 5.0%". Supermarket giant Tesco said United Kingdom like-for-like seasonal sales rose by 1.9 per cent, driven by a strong grocery performance. This figure was aided by 3.6 percent growth at its department store chain.

Finance Walmart Lifts Minimum Wage, But Target Surges to New Highs
Author: 0 Walmart Lifts Minimum Wage, But Target Surges to New Highs

Walmart is also issuing a one-time cash bonus up to $1,000 to eligible employees. The layoffs went unaddressed but the wage increase attracted praise from the White House. Pennsylvania's minimum wage is $7.25 an hour, the same as the current federal minimum wage. In all, Walmart employs 2.3 million people around the world, 1.5 million of whom are in the U.S.

Finance ISRO launches PSLV C40 missile
Author: 0 ISRO launches PSLV C40 missile

The PSLV-C40 is to place 31 satellites , three Indian and 28 foreign including those of the UK, US, France, Canada, Finland and the Republic of Korea. The total weight of all the 31 satellites onboard the PSLV-C40 is about 1323kg. "The propellant filling operation of fourth stage of PSLV-C40 is under progress", said an update on ISRO's website on Thursday morning.

Finance Beijing weighs slowing, halting purchases of US Treasuries
Author: 0 Beijing weighs slowing, halting purchases of US Treasuries

China wouldn't let geopolitical issues drive decisions on foreign exchange holdings, the Eurasia Group said, after Bloomberg News reported officials had recommended scaling back USA government debt purchases. Rising Treasury yields can pressure prices for Gold, but USD's slide helped Gold shrug off any impact. But Erlam says it is too "early to speculate" on the likelihood that China will "suddenly" reduce its holdings.

Finance Single brand retailers, Air India get FDI boost from Union Cabinet
Author: 0 Single brand retailers, Air India get FDI boost from Union Cabinet

Expressing similar views, Wildcraft co–founder Siddharth Sood said: "The consumer in the country will be direct beneficiary of this move as they will have access to the brands hitherto unavailable in the country as it will be much easier for the worldwide brands to set up shop in India".