Economy 757
Divisive Nobel Winner Peter Handke To Receive Prize Amid Boycotts, Controversy
Turkey says it is joining Albania and Kosovo in boycotting the Nobel awards ceremony on December 10 to protest 2019 literature prize laureate Peter Handke, who has been criticized for backing late Serbian strongman Slobodan Milosevic.
Imported onions reach Dindigul market
Farmers begin cultivation of shallots
FIRS Chairman: Buhari Makes Fresh Appointment As Fowler’s Tenure Ends
President Muhammadu Buhari has appointed Muhammad M. Nami to replace Babatunde Fowler as the chairman of the Federal Inland Revenue Service (FIRS).
Wole Soyinka withdraws Osinbajo award nomination over Sowore’s detention
THE Wole Soyinka Centre for Investigative Journalism (WSCIJ) said it has withdrawn the presentation of award to the Nigerian Vice President, Yemi Osinbajo following the Department of States Services’ (DSS) invasion of the court and repression of freedom of speech...
CUSB faculty recruitment: Check how to apply for 60 posts
CUSB faculty recruitment: Applications open at cusb.ac.in. The last date to submit online applications is December 18 while candidates can download fee receipt till December 23.
Bitcoin Price Fills $7.5K Futures ‘Gap’ as Trader Weighs $8K Potential
Mixed performance over the weekend nonetheless failed to inject volatility into Bitcoin markets, with attention now focusing on preserving support at $7,400.
Jaguar Land Rover sales fall 3.4% in Nov
The sales of Jaguar brand were at 11,464 units during the month, down 23.1 per cent per cent from November 2018, Tata Motors said in a BSE filing. Land Rover sales stood at 35,078 units, up 5.5 per cent per cent from the same month last year, it added. Tata Motors-owned Jaguar Land Rover (JLR) on Monday reported 3.4 per cent decline in total retail sales.
AFN: Shehu-Gusau vows to unravel corrupt practices
Ibrahim Shehu-Gusau, embattled President, AFN, has said that the federation will work diligently to unravel all corrupt practices in the federation.
Russian Malware Kingpin Named as Head of “Evil Corp” by NCA, FBI
Evil Corp's malware kingpin drives a Lamborghini with the number plate "Thief" – working from the basements of Moscow cafes to fleece victims globally.
Kochhar challenges RBI decision to terminate her; HC seeks bank's response
Banking Regulation Act says that prior approval of the RBI is required to terminate the contract of a bank's chairman or managing director
BIO-TECHNE Corp (NASDAQ:TECH) Director Sells $435,700.00 in Stock
BIO-TECHNE Corp (NASDAQ:TECH) Director Harold J. Wiens sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $217.85, for a total value of $435,700.00. Following the transaction, the director now owns 7,221 shares in the company, valued at $1,573,094.85. The transaction was […]
Insider Selling: Parex Resources Inc (TSE:PXT) Director Sells 90,000 Shares of Stock
Parex Resources Inc (TSE:PXT) Director Curtis Darrell Bartlett sold 90,000 shares of the firm’s stock in a transaction on Friday, December 6th. The stock was sold at an average price of C$20.05, for a total transaction of C$1,804,500.00. Following the completion of the sale, the director now owns 10,000 shares of the company’s stock, valued […]
Amy Jackson Shares A Picture Of Her ‘Chubby Chops’ Son Andreas And It Is All Things Cute
Today, Amy Jackson took to her social media to share an endearing picture of her ‘Chubby Chops’. The 2.0 actress shared a picture of son Andreas lying down which is surely adorbs
Malaysia’s first polio case in 27 years is a child who wasn’t vaccinated. Here are 3 things to know about the incurable virus, Business Insider - Business Insider Singapore
Business Insider - The incurable virus mainly affects young children, and invades an infected person's brain and spinal cord, which can lead to permanent disability and death in serious cases.. Read more at businessinsider.sg
Bankrupt PG&E to take $4.9 billion more charge on wildfire victim claims
(Reuters) - PG&E Corp said www.sec.gov/ix?doc=/Archives/edgar/data/75488/000095015719001393/form8-k.htm on Monday it would take a pretax charge of $4.9 billion in the current quarter related to the settlement of claims from victims of some of most devastating wildfires in California's modern history.
Sutter Rock Capital Corp. (NASDAQ:SSSS) Receives Consensus Recommendation of “Strong Buy” from Analysts
Shares of Sutter Rock Capital Corp. (NASDAQ:SSSS) have been given an average broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation. Analysts have set a one year consensus price target […]
Biz EOD: GST filing streamlined; India imports 36,000 MT of onions; SBI cuts lending rates
Catch top stories from the world of business and economy with BusinessToday.In's end of day report
Paul Volcker, central banker, 1927-2019
Success at the Federal Reserve laid the groundwork for anti-inflation policies around the world
More than half of NHS devices are still running Windows 7
And 20 per cent of Trusts have no plans to upgrade
Govt to set up Special Purpose Vehicle to monitor Kampung Baru redevelopment
KUALA LUMPUR, Dec 9 — A Special Purpose Vehicle (SPV) company will be set up to carry out the Kampung Baru redevelopment project, the Dewan Negara was told today. Federal Territories Minister Khalid Abdul Samad said so far, no developers had been appointed to carry out the project. He said the...
Turkey joins Nobel ceremony boycott in protest against Handke
STOCKHOLM (Reuters) - Turkey said on Monday it would join Albania and Kosovo in boycotting the Nobel awards ceremony in protest against 2019 literature prize laureate Peter Handke, who has been criticized for backing late Serbian strongman Slobodan Milosevic.
Executives at state-run companies oppose privatisation of BPCL
Thousands of workers have already protested the privatisation of BPCL, fearing job losses, as India plans to invite international energy firms to participate in the privatisations
YES Bank likely to reject $1.2 billion offer from Canada’s Braich
The offer from Braich and SPGP made up 60 per cent of the planned capital raising.
Saudi International Motor Show 2019 begins today
Saudi Arabia’s newly merged bank is reaffirming its commitment to inclusivity to mark UN’s International Day of Persons with Disabilities, observed globally on Dec. 3. For more than 10 years, Alawwal Bank and SABB have helped thousands of disabled people in the Kingdom, now as one bank, it aims to take new steps to further this legacy of support.
Pinehouse inquiry report expected by year's end
The formal portion of the inquiry into the Northern Village of Pinehouse has concluded and the final report is expected by year's end.
IIT-Madras placements phase-I concludes with 848 offers, most from core domain
Most offers, in the phase I, were made by Micron Technolgy India operations with 31 offers followed by Intel and Microsoft with 20 and 19 offers, respectively.
Gold Losing Its Luster
One reason for owning gold is it tends to serve as a safe haven asset and performs well in an environment where economic activity is slowing.On the other hand, investors might look to copper as an inv
Central bank changes required reserve regulations
The Central Bank of the Republic of Turkey (CBRT) on Monday lowered the reference values it uses to determine required reserve ratios for banks, while...
Swedbank rejigs management structure; Baltic banking head leaves
Mubasher: Swedbank announced on Monday that its chief risk officer will leave, in the framework of the Swedish lender’s plan to revamp its structure.
Peony (PNY) Achieves Market Cap of $21,714.00
Peony (CURRENCY:PNY) traded down 1.2% against the dollar during the 1-day period ending at 8:00 AM Eastern on December 9th. During the last week, Peony has traded 5.6% higher against the dollar. Peony has a market cap of $21,714.00 and $267.00 worth of Peony was traded on exchanges in the last 24 hours. One Peony […]
BoC to cut rates just once in 2020 – TDS
Analysts at TD Securities have changed their call and are now looking for the Bank of Canada to cut rates just once in April 2020. Key Quotes “While t
Lack of Profitability Is a Significant Risk for Zillow Stock
A lack of profits has kept Zillow stock stuck in neutral for 3 years, and it looks like these profitability issues are here to stay.
Piyush Goyal demands reciprocal access for Indian companies abroad
Foreign cos wont be allowed in local contracts unless India Inc gets to compete in those nations, said Goyal.
Tata Motors share has gained 32% in last three months: Time to buy, sell or hold the stock?
Tata Motors share was reeling under losses as auto sector was clouded by economic slowdown for more than a year. Uncertainties on the global front also hit sales of its UK arm JLR which affected the stock
Top CEOs call out CompCom over #DataMustFall
Telkom’s Sipho Maseko and Johan van Zyl of African Rainbow Capital argue that the competition watchdog’s decisions on data prices will do more harm than good.
Former Federal Reserve Chairman Paul Volcker has died
Paul Volcker, who as Federal Reserve chairman in the early 1980s elevated interest rates to historic highs and triggered a recession as the price of quashing double-digit inflation, has died, according to his office.
NNPC seeks support in curbing oil pipelines vandalism
The Nigerian National Petroleum Corporation on Monday called on Nigerians and security agencies to join its effort at curbing the menace
EU regulators to review rules defining companies' market power
BRUSSELS (Reuters) - EU regulators will review two-decade old rules that determine if companies have the market power to throttle rivals or control prices to take into account globalization and digitalization, Europe’s antitrust chief Margrethe Vestager said on Monday.
A cancer-drug developer's stock just surged more than 100% after Merck agreed to a multi-billion-dollar takeover
Cancer-drug developer ArQule skyrocketed as much as 102% in early Monday trading after Merck agreed to acquire the company in a $2.7 billion tak...
Analysts Set Huazhu Group Ltd (NASDAQ:HTHT) Price Target at $35.73
Huazhu Group Ltd (NASDAQ:HTHT) has earned a consensus rating of “Hold” from the eighteen research firms that are currently covering the firm, Marketbeat reports. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company. The average 1 year price […]
ICC-Angkor applauds Apsara’s bicycle lane project
The International Coordinating Committee for the Safeguarding and Development of the Historic Site of Angkor (ICC-Angkor) welcomed the Apsara National Authority’s initiative to construct a bicycle lane at the Angkor Archaeological Park.
After Earnings, Watch for Workday Stock to Strike $168.50
Workday stock lean bearish on the charts. Its valuation is a little rich, particularly amid this earnings report. What's up with WDAY stock?
UK apprenticeship levy’s low take-up highlighted by survey
Two years after its launch, half of the companies covered by the scheme have yet to spend anything
Cavendish confident of getting back to his best with Bahrain-McLaren
The 30-time Tour de France stage winner has joined the newly-branded team.
How the demise of the headphone jack led to a ear buds boom
Ear buds, or hearables, are driving a boom in wearable devices, according to IDC data. It all started as vendors started dropping the headphone jack en masse.
BoB to sell 10.4 mn shares in proposed UTI AMC initial public offering
Last week, the country's largest lender State Bank of India had approved diluting up to 8.25% stake in UTI AMC
Rise in crime due to economic crisis in Tripura: CPI (M)
Taking potshots at Chief Minister Biplab Kumar Deb, who said in September this year that crimes against women have ‘drastically’ come down, the CPI (M) leader said National Crime Record Bureau (NCRB) has put Tripura among the top states in India in terms of rapes and murders.
BHEL recruitment through interview: Salary up to Rs 66,000; diploma holders can apply too
BHEL recruitment: Candidates will be hired for a two-year contract. Interested can apply at the official website, careers.bhel.in by December 21, 8 pm. The last date to submit the application form by post is December 31.
There’s No Scare In NSO’s Consumption Data; It’s All About Falling Costs Of Food And Health Services
Falling costs of food and healthcare seem to have contributed to the fall in rural household expenditure.
Africa's Nobel Prize winners: A list
Ethiopian Prime Minister Abiy Ahmed on Tuesday will receive the 2019 Nobel Prize for Peace for his "decisive initiative to resolve the border conflict with neighbouring Eritrea".
Private equity tycoon Guy Hands looks to buy struggling Kier Living
Hands' private equity firm - Terra Firma Capital Partners - is one of the last remaining bidders for Kier Living.
EP emir launches ‘ZADK’ Saudi Culinary Academy
In his speech after cutting the ribbon formally inaugurating the academy, Prince Saud said: “The Saudi youth have become an example to be followed in their creativity in many fields. The Saudi citizen is capable of transferring the Kingdom’s culture to the world with professionalism and competence. There are vast opportunities before the Saudi youth with the food sector witnessing considerable development. Investment in this field is promising, provided high quality standards are followed in all aspects."
$0.07 Earnings Per Share Expected for Alamos Gold Inc (NYSE:AGI) This Quarter
Brokerages expect Alamos Gold Inc (NYSE:AGI) (TSE:AGI) to report earnings per share (EPS) of $0.07 for the current fiscal quarter, Zacks reports. Zero analysts have provided estimates for Alamos Gold’s earnings. Alamos Gold posted earnings per share of $0.01 during the same quarter last year, which suggests a positive year over year growth rate of […]
BMO joins $6m FlexPay funding round
FlexPay, a Montreal-based startup using AI to help merchants recover lost revenues from declined transactions, has raised $6 million in a funding round led by Impression Ventures and joined by BMO Capital Partners.
Marauders Revives a Classic X-Men Villain With a Hellish New Role
As the latest incarnation of the Hellfire Club takes shape, a '90s X-Men villain returns in a new role that could spell big trouble for the mutants.
Dozens suffer losses in sham cryptocurrency scheme in Masaka
fraud
Govt Needs Stronger Anti-Corruption Measures: Danish
Sarwar Danish, Afghanistan’s second vice president, addressed a gathering on Monday-- International Anti-Corruption Day-- and said: “Despite some achievements, we have not been completely s
Artificial intelligence could wipe out 13,000 legal sector jobs
The adoption of new technologies such as artificial intelligence could lead to the UK legal sector shedding 13,000 jobs, according [...]
Ondo sacks 51 ghost workers in its workforce ― HoS
Fifty-one ghost workers have been discovered by the Ondo state government during the last verification exercise carried out to ascertain the workforce.
Energy treaty 'undermines success of Green Deal'
Over 250 civil society organisations and trade unions say that the Energy Charter Treaty is incompatible with the Paris Climate Agreement and the new Green Deal - becoming an obstacle to the clean-energy transition.
Paul Volcker, central banker, 1927-2019
Success at the Federal Reserve laid the groundwork for anti-inflation policies around the world
Vivo V17 with 32MP selfie camera, 4,500mAh battery launched for Rs 22,990
The smartphone houses a 32MP front camera which is placed into in the 'iView' display with E3 super AMOLED screen
Saudi prince's ambitions hinge on triumphant Aramco sale
RIYADH, Saudi Arabia (AP) - Saudi Arabia is expected to set a new record for the largest stock flotation in history on Wednesday with the sale of part of Aramco, the state-owned oil company valued at $1.7 trillion.
Aim is to boost private investment, says CEA
‘Corporate tax rate cut will help’
Foreign capital inflows into telecoms rise by $659.03m
The country’s desire to deepen broadband penetration nationwide is hinged on capital investment into the telecom sector. IFE OGUNFUWA examines how the sector has fared in investment in the past two...
Credit Unions Find Opportunity In Payments Disruption
CULedger discusses credit unions' opportunity in payments innovation by being "rail agnostic" and supporting digital identity, data exchange and value exchange.
Kraken Adds GBP Support for U.K.; What This Means for Crypto Market
Crypto asset exchange Kraken has added two new options for GBP deposits and withdrawals in attempts to speed up the exchange of funds for users. Related
Ulta Beauty: A Truly Beautiful Story For Investors
The company's financial performance was solid during the quarter, driven by new product management.Skincare and fragrance were particularly strong, in our view.With shares reacting well to the earning
YES Bank may reject $1.2 billion offer from Canadian investor
At a board meeting on Tuesday, YES Bank is expected to reject an offer from Canada's Erwin Singh Braich and Hong Kong-based SPGP Holdings to contribute $1.2 billion toward the fund raising
Fed unlikely to move policy this week – Deutsche Bank
Deutsche Bank analysts suggest that the US Fed is not expected to move policy by anyone this week and is likely to maintain status quo. Key Quotes “Th
No reprieve as Samoa measles toll hits 70
A devastating measles outbreak continued to spread in Samoa, data released Monday showed, as the death toll from the epidemic climbed to 70, ...
Zacks: Alamo Group, Inc. (NYSE:ALG) Given Average Recommendation of “Buy” by Analysts
Alamo Group, Inc. (NYSE:ALG) has been assigned an average broker rating score of 2.00 (Buy) from the two brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating and one has issued a strong buy rating on the company. Brokers have set a 1-year consensus target […]
Modi govt's centralised nature doesn't work well for economic reforms, says Raghuram Rajan
Rajan pointed out that extreme centralisation, coupled with lack of empowered ministers and a coherent guiding vision meant reforms picked up steam only when PMO focused on them and lost pace when its attention switched to other pressing issues
'Recent spike in retail inflation mainly on costlier food, government taking steps to moderate prices'
India Business News: The recent spike in retail inflation is mainly due to high food prices and the government is taking steps to moderate the volatility in prices, minist
4 Cybersecurity Stocks to Buy for Long-Term Gains
Secular tailwinds underpinning the cybersecurity market remain as favorable as ever, meaning these four cybersecurity stocks are good buys.
Ho, Ho, Ho, or No, No, No: Will BTC See a Santa Rally This Year?
Since its creation, the price of BTC has often seen sustained increases through the last week of the year. Could this year be different?
Asian shares rise after buying mood on Wall Street ends week
TOKYO — Asian shares were mostly higher Monday cheered by a buying mood on Wall Street that came at the end of last week.
Hero MotoCorp to hike motorcycle, scooter prices from January 1
Hero MotoCorp's portfolio includes affordable motorcycles like Splendor, HF Deluxe, as well as premium offerings like Xtreme 200S and Karizma ZMR. The company also markets scooters including Maestro Edge 125, Pleasure, Destini 125 and others
Global watchdogs urge ‘vigilant monitoring’ as big tech companies shift into financial services
Google and other big tech companies may have to share data on financial services customers with banks and fintech firms to prevent unfair competition.
Insider Selling: Consolidated Water Co. Ltd. (NASDAQ:CWCO) Director Sells 10,000 Shares of Stock
Consolidated Water Co. Ltd. (NASDAQ:CWCO) Director Raymond Whittaker sold 10,000 shares of the business’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $16.52, for a total transaction of $165,200.00. Following the transaction, the director now owns 16,065 shares in the company, valued at $265,393.80. The transaction […]
Canada: Building Permits declined by 1.5% in October vs. +2.9% expected
The total value of Building Permits issued by Canadian municipalities declined by 1.5% to $8.3 billion on a monthly basis in October and fell short of
Agreement on arrival of Iranian pilgrims signed
The accord came as Bentin received the Iranian dignitary in his office in the holy city, Saudi Press Agency (SPA) said.
Letters to the editor Dec. 9
Letters to the editor — Bridger, Leis
Calls to Scots domestic abuse helpline rise by a quarter in last year
CALLS to a domestic abuse and forced marriage hotline in Scotland have risen by a quarter in the past year. The helpline, managed by Scottish Women’s Aid, dealt with 3,191 requests for assist…
Fireangel Safety Technology Group (LON:FA) Sets New 52-Week Low at $9.50
Fireangel Safety Technology Group PLC (LON:FA) shares hit a new 52-week low during trading on Monday . The company traded as low as GBX 9.50 ($0.12) and last traded at GBX 9.50 ($0.12), with a volume of 1807590 shares traded. The stock had previously closed at GBX 12.75 ($0.17). The stock has a market capitalization […]
POLITICO Pro Sustainability Insights: Circular batteries boost — Chemicals leaks — COP update
Visit the post for more.
A cancer-drug developer's stock just surged more than 100% after Merck agreed to a multi-billion-dollar takeover, Business Insider - Business Insider Singapore
Business Insider - Merck offered $20 per share in the all-cash bid, more than double ArQule's Friday closing price. The deal is expected to close in early 2020.. Read more at businessinsider.sg
Riquelme beats Maradona as Boca Juniors elect new president
Former Argentina playmaker Juan Roman Riquelme has won a three-way battle with bitter rival Diego Maradona and Gabriel Batistuta after his group won the elections at Boca Juniors, striking a big bl...
Formula for Success? On the Value of Motorsport Sponsorships
Various brokers have invested their marketing budgets in motorsport sponsorships. Finance Magnates examined whether it was worthwhile
Share market highlights: Sensex ends 43 points up, Nifty near 11,950; TCS, HCL Tech top losers
Share Market News Today | Sensex, Nifty, Share Prices LIVE: The headline indices Sensex and Nifty ended marginally higher on Monday afternoon, amid volatility.
India rises one rank to 129 in human development index
Schemes such as Ayushman Bharat, PMJDY crucial for development, says UNDP official
Aluminium firms seek cut in input duties as production costs, imports swell
Industry is dogged by inverted duty structure. While calcined petroleum coke import suffers 10%, finished aluminium attracts 7.5% duty. Caustic soda lye import is taxed at 7.5% versus 5% on alumina
Fed’s repo action for year-end crunch point oversubscribed
The Federal Reserve Bank of New York’s operation to inject cash into the financial system over the end of the year was oversubscribed on Monday, indicating that participants are still hungry for funding to take them into 2020.
We’ve crunched the numbers – nationalisation would be a bargain
Our research shows nationalisation would pay for itself in seven years, says David Hall, visiting professor at the University of Greenwich
Zacks: CNS Pharmaceuticals Inc (NASDAQ:CNSP) Receives Average Rating of “Strong Buy” from Brokerages
Shares of CNS Pharmaceuticals Inc (NASDAQ:CNSP) have been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating. Zacks has also assigned CNS Pharmaceuticals an industry rank of […]
Analysts Claim Indirect Investment in Cryptocurrency and Blockchain helps Manage Massive Risks
There has been an extra amount of negative sentiment directed towards cryptocurrencies in the last few weeks as Bitcoin slowly winded down from $8500 to $6800 over the course of a month. Many wealth managers believe it is better to gain exposure to this space by investing in publicly listed companies that are working with blockchain and multiple cryptocurrencies, reported by LifeHacker, December 8, 2019.
TTK Prestige to boost home solutions portfolio, eyes new verticals
While it is launching 30 SKUs in the home cleaning range, other products in the electrical and non-electrical spaces are on the drawing board
CEOs want urgent action to boost economic growth
Chanticleer's annual survey of 40 CEOs has uncovered some sage advice for government on how to kick-start the economy.
HSBC Holdings shuffles executive ranks ahead of restructuring
Interim CEO plans to close some parts of the sprawling bank’s business and sell others
A Great American Achievement
The new government statistics are out.September marked the first month that U.S. exports of crude oil, and petroleum products, surpassed imports since the government started recording the data in 1949
Atrium Mortgage Investment (TSE:AI) Hits New 1-Year High at $14.39
Atrium Mortgage Investment Corp (TSE:AI)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as C$14.39 and last traded at C$14.33, with a volume of 30830 shares. The stock had previously closed at C$14.24. AI has been the topic of several recent analyst reports. TD Securities boosted […]
Cooper Energy poised to get its Sole, Downer leaves site
Cooper Energy is close to unlocking gas from its Sole project in south-eastern Victoria.
Markets surge on jobs, trade
By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking)
Big investors up call for governments to take climate action
MADRID (AP) - More than 600 institutional investors managing a whopping $37 trillion in client assets called Monday for governments to step up their efforts against climate change.
India set to be among top advertisement markets in 2019: GroupM and Zenith
The overall market size is expected to reach Rs 95,000 crore
Shopify Stock Will Continue to Amaze Investors in 2020
Shopify stock, which is up 165% this year, still has more upside opportunities like the one from last week. The triggers are close.
Health experts warn of emerging threat of Nipah virus
LONDON: A deadly virus called Nipah carried by bats has already caused human outbreaks across South and South East Asia and has "serious epidemic ...
Tesco shares jump on possible sale of Asian business
Share price soars as grocery chain announces review of its Asian operations
Currency in circulation rises to Rs 21 lakh crore as on March 2019: Anurag Thakur
India Business News: Currency in circulation peaked to over Rs 21 lakh crore at the end of March 2019, having dipped to a mere Rs 13 lakh crore at the end of fiscal 2016-
Patterson Companies (NASDAQ:PDCO) PT Raised to $22.00
Patterson Companies (NASDAQ:PDCO) had its target price hoisted by Robert W. Baird from $19.00 to $22.00 in a research report report published on Friday, AnalystRatings.com reports. Robert W. Baird currently has a neutral rating on the stock. PDCO has been the subject of a number of other reports. Wolfe Research set a $17.00 target price […]
Star Wars: Galaxy’s Edge Turns You Into a Resistance Spy, Complete with Real X-Wings
Note: This articles contains spoilers for the Disney World ride Star Wars: Galaxy’s Edge When Star Wars: Galaxy’s Edge opened at Disneyland and Disneyworld earlier this year, attendance was lower than expected, with […]
Oil bulls gearing up for a rally, but Trump may play spoilsport
Oil traders should remain cautious and not get too carried away by the Opec+ saga.
NNPC seeks support in curbing oil pipelines vandalism
The Nigerian National Petroleum Corporation (NNPC) on Monday called on Nigerians and security agencies to join its effort at curbing the menace of oil....
Rupee firms up to five-month high against dollar; strengthens by 15 paisa today
Moody
DBJ to on-lend $5 billion to MSMEs
The Development Bank of Jamaica (DBJ) will be on-lending $5 billion to micro, small and medium-sized enterprises (MSMEs) over the next 12 months. This was announced by Minister of Finance and the Public Service, Dr Nigel Clarke, at the launch of...
A Nobel Prize winner dispels myths about retirement, real-estate investing tips, and advice for family-estate planning
Dear Readers,
Gladstone Land: It's Economics 101
Farmland is the perfect asset class because the lower supply of arable land leads to higher profitability for the most fertile farm.In turn, that leads to steady appreciation of value and rental growt
Korean film 'Parasite' receives nominations for 'Best Foreign Motion Picture,' 'Best Director,' and 'Best Screenplay' Golden Globe awards
2019's hit Korean film 'Parasite' has received three major film nominations!On December 9 KST, the nominees for the the 77th 'Golden Globe Awards' wer…
Pace of housing starts edges up on strength in B.C., Alberta
The national housing agency says the seasonally adjusted annual rate for November was 201,318 units, up 0.3 per cent from 200,674 units.
Kit Harington was the only 'Game of Thrones' star nominated for a Golden Globe, and Emilia Clarke fans are outraged, Business Insider - Business Insider Singapore
Business Insider - The final season of HBO's hit fantasy show was snubbed in all other categories, sparking debate among people who watched the divisive series' ending.. Read more at businessinsider.sg
Lok Sabha passes Arms (Amendment) Bill
Lok Sabha passes bill for stringent punishment to those possessing illegal arms, indulging in celebratory gunfire
UPDATE 1-EU sets tariffs on Indonesia biodiesel imports over subsidies
(Adds details of case)By Philip BlenkinsopBRUSSELS, Dec 9 (Reuters) - The European Union confirmed on Monday that it will impose tariffs on imports of biodiesel from Indonesia to counter what it sees as unfair subsidies, concluding a case that has lasted seven years.The duties, normally in place for five years, have been set at between 8 and 18%, the same level as the provisional rates proposed in August.
Ataa Educational profits down 5%
Riyadh – Mubasher: Ataa Educational Company reported a 5% year-on-year (YoY) decline in profits during the three-month period ending 31 October 2019. Net profits after Zakat and tax amounted to SAR 16.25 million between August and October 2019, …
Virgin Galactic leaps after Morgan Stanley says the company's stock can jump 203% over the next year
Virgin Galactic stock surged as much as 21% on Monday after Morgan Stanley initiated coverage on the company with a buy-equivalent rating The fi...
QNB to embrace digital transformation
Abdulla Mubarak Al Khalifa, Acting Group Chief Executive Officer of QNB said yesterday that Qatar’s banking sector is well capitalised, with high asset quality and robust profitability. The capital adequacy ratio stands at 17 percent, well above Basel III guidelines. Asset quality remains high with non-performing loans (NPLs) at 1.9 percent, one of the lowest in the region. Profitability remains solid with returns on equity (RoE) over 15 percent, he said while addressing The Euromoney Qatar Conference.
Intertek Group (ITRK) – Analysts’ Recent Ratings Updates
A number of research firms have changed their ratings and price targets for Intertek Group (LON: ITRK): 12/9/2019 – Intertek Group had its “buy” rating reaffirmed by analysts at Deutsche Bank AG. 11/27/2019 – Intertek Group had its “neutral” rating reaffirmed by analysts at UBS Group AG. 11/27/2019 – Intertek Group had its price target […]
Natural Gas - Something Needs To Happen Soon
The January contract displays an oversold condition.Stocks are slowly dropping.It is too early for carnage on the downside, but time is running out.The spring of 2020 could be ugly - an opportunity.U.
PSBs turn profitable in Apr-Sep FY20, post aggregate profit of Rs 3221 cr
State-run lenders had posted aggregate operating profits during 2017-18 and 2018-19 of Rs 1,55,603 crore and Rs 1,53,871 crore respectively
India climbs one spot to 129th in 2019 human development index: UNDP
In India, 27.1 crore people were lifted out of poverty from 2005-06 to 2015-16, UNDP India resident representative Shoko Noda said
Exergy helps insurers overcome complexities surrounding Debicheck
Exergy automates the Debicheck mandate process for insurers who have already implemented it.
Ukraine Set To Legalize Cryptocurrencies As Means Of Payment And Investment
Good news came from Eastern Europe as the legislative arm of Ukraine, the Verkhovna Rada, has reportedly adopted an amended draft law that seeks to
Paul Volcker, the towering former Fed chairman and economist, has died at age 92, Business Insider - Business Insider Singapore
Business Insider - Former Federal Reserve Chairman Paul Volcker has died. Volcker helped to rein in the US's persistent inflation problem and reset the economy.. Read more at businessinsider.sg
Dr Mahathir to look into ‘deep state’ sabotaging the Pakatan government
Dr Mahathir to look into ‘deep state’ sabotaging the Pakatan government
A global view of future energy at Newcastle University
Newcastle University's new Centre for Energy seeks to work towards a new way of thinking about energy systems
Unicorn Scooter Company Finds Profit To Be A Mythical Beast
It takes a special kind of audacity for your startup to be successful, and a special kind of audacity to name your startup “Unicorn”. Sadly, the overlapping of those two audacious circles did not spell success for one scooter company....
PICTURES and FULL list of winners at Zimbabwe Young Achievers Awards UK
By Lance Guma Varaidzo Kativhu (Miss Varz), a 21-year-old Zimbabwean student who is studying Classical Archaeology and Ancient History at Oxford University and has amassed over 91 000 subscribers on her YouTube channel, was among various young Zimbabweans who were honoured in the UK. Upmarket Zimbabwean restaurant eKhaya, in Dudley, West Midlands was the setting for the Zimbabwe Young Achievers Awards on Saturday which honoured people like musician and actor John Falsetto, footballer Marvelous Nakamba, graphic designer David Zinyama and others.
Pakistan, Asian Development Bank sign loan agreement worth USD 1.3 billion
On Friday, the bank said it has approved a USD 300 million policy-based loan that will help Pakistan to address financial sustainability, governance, and energy infrastructure policy constraints in country's energy sector.
Massif Capital - Diamond Offshore Drilling Inc.
Diamond has been a painful investment for our portfolio.We invested too early in the cycle for offshore equipment, and the trough of the cycle has been extended beyond our modeled scenarios.We will ai
Tullow’s shares go down by 50 percent as CEO resigns over poor performance in Ghana
The shares of Tullow Oil Plc on the London Stock Exchange (LSE) dropped by over 50% as its CEO, Paul McDade resigned due to the poor performance in its Ghana operations.
Bharat Bond ETF to open this week: check date, investment, return, other details
The Bharat Bond ETF will have a base size of Rs 7,000 crore, with a green shoe option of additional Rs 8,000 crore. Retail investors can invest with the minimum investment amount of Rs 1,000 and in multiples of Rs 1,000 thereafter
Powercor report advocates for eight-fold increase of ageing wooden pole replacements
Powercor report advocates for eight-fold increase of ageing wooden pole replacements.
Wages killer: Skilled visa pay crashes below Aussie average
In the years leading up to the May federal election, the Morrison Government and its supporters used Australian Taxation Office (ATO) data to lobby against Labor’s policy changes to negative gearing, claiming that those earning $80,000 were ‘middle-income earners’.
Dalat Hasfarm said to have raised $70m from Lombard Investments
International private equity firm Lombard Investments said to have invested $70 million in Vietnamese floriculture company Dalat Hasfarm in lieu of a majority stake.
Cabot Oil & Gas Co. (NYSE:COG) Receives Consensus Rating of “Buy” from Analysts
Cabot Oil & Gas Co. (NYSE:COG) has been assigned a consensus recommendation of “Buy” from the seventeen ratings firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the company. The […]
Subprime lender Amigo’s chief executive and chairman quit
Departures follow move by founder James Benamor to reassert control of the business
Pound-Euro Rate's Recovery Potential Limited Beyond 1.20: AFEX
Foreign exchange strategists with foreign exchange brokers AFEX say Pound Sterling is likely to remain relatively well supported against the Euro, and the strong rally in the exchange rate seen over recent weeks can potentially reach 1.20
Game of Thrones brutally snubbed by Golden Globes in nominations shocker
Hit HBO fantasy drama Game of Thrones has been snubbed by 77th Golden Globe Awards following controversial final season
Bank of Baroda to sell up to 1.04 crore UTI AMC shares in IPO
Last week, the country's largest lender State Bank of India (SBI) had approved diluting up to 8.25 per cent stake in UTI AMC.
Hero Electric partners with Punjab government to develop electric infrastructure
Hero Electric has announced a Rs 700 crore investment in its facility in Ludhiana to make the state of Punjab an EV hub. Head here more details.
Presidential aide Garba Shehu presents 2019 Man of the Year award to Melaye
The former senator representing Kogi West at the National Assembly, Dino Melaye, has won the ‘Man of the Year’ award just days after losing a return to the legislative chamber.
Japan’s 2nd-Largest Utility Trials Blockchain for Renewable Energy Credits
The second-largest power utility in Japan is extending its trial of a blockchain-powered system for transacting renewable energy credits.
What’s driving capital market developments in South Africa and Namibia? - CityAM
South Africa - the second-largest economy in Africa after Nigeria - has considerably higher GDP than its sub-Saharan neighbours.
Rebuilding Zimbabwe starts with strong institutions
It is now apparent that Zimbabwe's socio-economic status needs rebuilding and radical reforms if the country is to develop. The economy is set to contract by at...
Malaysians spend 70pc of monthly income on goods, housing and transport, says minister
KUALA LUMPUR, Dec 9 — Almost 70 per cent of Malaysians’ monthly income are spent on goods, housing and transport, Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail said. Based on a World Bank Group report, the cost of living shouldered by Malaysians was mainly...
Politics in Morocco Difficult, Government Doesn’t Rule: Benkirane
Morocco's former Prime Minister Abdelilah Benkirane said Saturday his country is not experiencing an ideal democracy, and “its government doesn’t rule.” He stressed that politics is difficult in the country but not impossible. “I have been away for a
Doctors have advised shifting Nawaz to US for treatment: PML-N
Party spokesperson says transporting ex-PM to US will be an immense challenge for medical team
5 Restaurant Stocks Dominating Holiday Season Foot Traffic
Foot traffic is one of the best indicators of which fast-food restaurant stocks are best navigating the difficult environment.
Cross River automated cocoa processing factory ready for commissioning
Cross River Cocoa Processing Factory located in Ikom is scheduled to begin a test run early next year following ninety-five percent work completion.
Minet Wins Insurance Brokerage of the Year Award
NAIROBI, Kenya, Dec 9 - Insurance brokerage firm, Minet Kenya has been voted the Best Insurance Brokerage Company of the year for 2019 at this year’s Think Business Insurance awards. The firm was also awarded the
StartersHub, micro VC from Istanbul and San Francisco, to invest in 60 startups from central and eastern Europe
StartersHub, an early-stage tech investment fund based in Istanbul and San Francisco, will back 60 eastern European startups over the next four years in an effort to bridge the gap between pre-seed and seed funding. Arda Aşkin, managing director at StartersHub, explained: “Despite the fact that a record €0.7 billion was invested in CEE startups […]
Unai Emery: Former Arsenal boss approached by Everton for manager job
Former Arsenal boss Unai Emery was approached about the Everton job, Sky Sports News understands.
2020 Nissan Navara N-Trek Warrior pricing: from $62,990 drive-away, in showrooms now
Nissan Navara Warrior will undercut the Ford Ranger Raptor by up to $20,000, is thousands less than a HSV Colorado SportsCat and shadows Toyota HiLux Rugged X.
Once propped up by Qatari high-rollers, Saudi city prays for truce
Al-Ahsa (Saudi Arabia) (AFP) - Jackhammers and cranes gather dust at half-built Qatari-funded hotel sites in a Saudi city hit hard by an abrupt diplomatic rupture, but signs of thawing cross-border ties are reviving economic hopes. Saudi Crown Prince Mohammed bin Salman has downplayed the dispute with
The best of the world in pictures
The finest photos from the international wire agencies as chosen by our picture editors.
BRT, Malam Jabba references are ready: NAB chairman
The bureau
Here's why Saudi Aramco's stock is unlikely to plunge on its debut
From bonus shares to a fat dividend, there's a lot to underpin the price, at least initially
Onion Prices Ease In Delhi As Produce Arrives From Afghanistan, Turkey Along With Local Crop
Wholesale prices of onion were quoted in between Rs 50-75 per kg at Delhi’s Azadpur mandi on Monday.
Big change in number of children arrested in Lancashire
Arrests of children in Lancashire have been reduced by 81 per cent in eight years.
Nigeria's weak operating environment is still a challenging factor for the banking sector
Moody's Investors Service has said that Nigeria's weak operating environment posed a challenge to the banking sector in maintaining the recent improving trend, particularly as regards asset quality, given the increasing bank lending.
You too could have your nest egg looked after by Goldman Sachs
Bank to offer wealth management services to individuals with as little as $5,000
M&S shares jump after Goldman Sachs hikes rating
Shares in Marks & Spencer jumped this morning after investment bank Goldman Sachs hiked its stock rating following improvement in the retailer’s troubled clothing and home division.
Universal Insurance mulls new capital raising to boost capital base
Universal Insurance Plc is considering raising new equity funds to bolster its operations and strengthen its capital base ahead of deadline for ...
10 Stocks With Little or No Debt to Own for the Next 50 Years
Millennials looking for stocks to own for the next 50 years might want to consider these 10 companies from various sectors of the economy.
Banks could face forced legacy systems cull
RBA floats closure of direct debits for real-time automation.
Xerox expects revenue growth of up to $1.5 billion with HP takeover
(Reuters) - Xerox Holdings Corp (XRX.N) expects its proposed acquisition of personal computer company HP Inc (HPQ.N) to result in sales growth of as much as $1.5 billion for the combined company, according to a presentation by the printer maker.
UP Cabinet approves Zurich Airport International as developer for Jewar airport
The Swiss firm had on November 29 emerged as the highest bidder to develop the Jewar airport on the outskirts of Delhi
Fishshack owner to sell restaurants in rescue deal
Financial woes forced chain to seek court protection from creditors in August
Near Space Labs releases high-resolution imagery API
Near Space Labs unveiled an application programming interface Dec. 9 offering access to high-resolution imagery captured by cameras on weather balloons.
Skechers' 'cool' value gives it room to run like Nike: Barron's
Shoemaker Skechers USA is expected to post earnings growth on pace with Nike over the next three years, giving its relatively low valuation a ...
DocuSign: Time To Lock In Profits
Shares of DocuSign soared nearly 10% after reporting Q3 results, extending a recent win streak ever since the company warned of sales execution issues in Q1.Revenue growth of 35% y/y beat Wall Street'
Stocks, gold gain as trade war spurs both hopes, concerns
NEW YORK (Reuters) - Global equity markets advanced on Monday as stocks on Wall Street held near record highs on hopes U.S.-Sino talks delay a U.S. tariff deadline this coming Sunday, while gold rose as investors hedged against a possible escalation in the trade war.
Bafana star Zungu almost loses his house – report
Bongani Zungu reportedly almost lost his house after he failed to pay the monthly instalment for 12 months.
TikTok slammed for removing same-sex couple's pictures from India and Pakistan
Video-sharing site restricts posts by users it identifies as disabled, fat or LGBTQ+
Xiaomi takes on Apple in Japan with Mi Note 10 featuring 108-megapixel camera
The Mi Note 10 will cost approximately $486
Qatar’s Emir Unlikely to Attend Gulf Summit in Riyadh
(Bloomberg) -- Qatar’s emir isn’t likely to attend the Gulf Cooperation Council heads of state summit starting Tuesday in Saudi Arabia, according to people familiar with the matter who confirmed progress toward mending a drawn-out regional rift while tempering expectations of a breakthrough this week.Sheikh
HSBC shakes up senior management after 'unacceptable' third quarter
HSBC has replaced its investment banking boss and group chief operating officer in a raft of changes due to take effect in 2020.
EU approves €3.2bn research fund for battery development
The European Commission has approved a €3.2bn (£2.7bn) state aid fund from seven European Union countries for research into battery technologies.
Equity inflows into mutual funds dip to 41-month low
Exit load triggers outflow, but analysts see investors flocking back
Huobi US Closes Doors After Weak Demand
The US partner of the Huobi exchange has decided to fold its business, due to low demand and liquidity. The HBUS platform will stop its operations after
Caltex indolence invited takeover bid
Dozy oversight of cruising management has all but goaded a bidder out of the woodwork.
Task force submits 2nd set of proposed constitutional amendments to House panel
The Inter-Agency Task Force on Constitutional Reforms (Task Force CORE) insisted its proposed constitutional amendments will strengthen political parties as public institutions, prohibit turn-coatism (balimbing), make the anti-political dynasty provision of the Constitution self-executing, advocate for finance reform through the creation of a democracy fund, and extend the terms of local government officials to five years with one reelection.
Buhari directs accountant-general, MDAs to make daily financial inflows public
Nigeria President Muhammadu Buhari on Monday directed ministries, departments and agencies of the government to publish daily treasury summary statements of financial inflows and outflows. President Buhari, represented by the Minister of State for Niger Delta, Tayo Alasoadura gave the directives at the official launch of the Financial Transparency Policy and Implementation Guidelines by the […]
Disabled people score a win in superannuation entitlements
Disabled workers have received a boost with the Fair Work Commission delivering a better superannuation deal for low-income earners with disability.
Global weapons sales up; US leads market
The global arms industry continues to grow with total sales up 4.6% last year, according to data from the Stockholm International Peace Research Institute (SIPRI) released Monday.
Why Canopy Growth Stock Just Popped 11%
Canopy just crowned a new king of cannabis.
Wealth of Canadians divided along racial lines, says report on income inequality
One interesting finding was that racialized men have a higher employment rate than non-racialized men
U.S. Dollar Czar: “No Need” for Fed Issuing Digital Dollar in Next 5 Years
In recent weeks, there has been growing talk among influential U.S. figures concerning the prospects of "digitizing" the dollar via blockchain technology.
Rate cap: Who between governor and banks will blink first?
Njoroge has a tough task of ensuring that in post rate capping regime, Wanjiku is protected from ravenous lenders
Pound-New Zealand Dollar Forecast: Fighting to Hold 2.0 Level
There is a distinct possibility that GBP/NZD does in fact go lower as foreign exchange markets engage in 'buy the rumour, sell the fact' behaviour on the election result.
Labour’s plans to nationalise services: Everything you need to know
The party’s manifesto said it would like to take mail, water and train operators, among other things, back under public ownership.
Blockchain: Tim Draper Backs VC Goren Holm Ventures, Firm Rebrands as Draper Goren Holm
Prominent venture capitalist and blockchain proponent Tim Draper has backed LA-based blockchain-focused venture firm. Goren Holm Ventures has received an invest
Golden Ocean Group: Very Strong Results Despite The Trade War
Golden Ocean Group delivered a phenomenal quarter despite the mixed headline numbers.The dry bulk trade set new records during the third quarter in spite of the escalating trade tensions between China
Bombay HC seeks RBI's response on plea against Chanda Kochhar's termination as ICICI MD
A division bench of justices Ranjit More and SP Tavade directed the Reserve Bank of India to submit its reply by December 16. The bench will hear the matter next on December 18
Slowdown blues to limit rise in job creation at 7% in October-March: report
Positive hiring outlook was reported in sectors like healthcare & pharmaceuticals, information technology, e-commerce and tech start-ups, educational services, KPO, power and energy, and logistics
Can Avocado Oil Enhance Your Beauty?
Here is how avocado oil helps you glow and get rid of skin problems.
ISS recommends shareholders vote against Baker-led offer for HBC
TORONTO — An influential proxy advisory service is recommending shareholders vote against a takeover offer for Hudson's Bay Co. by a group led by the retailer's executive chairman.
Pump prices on rollback this week
Budget of Filipino consumers for fuel this week will be partly eased, as pump prices will be on a new round of rollback at the scale of P0.40 per liter for gasoline and kerosene; and P0.10 per liter for diesel.
Big tax cuts may be coming for middle class in next Budget; here's why
Responding to a question at an event in Delhi recently, finance minister Nirmala Sitharaman also said that the government was looking at myriad suggestions and the relaxation on personal income tax was one of them before it presents the Union Budget 2020 in February next year
Roman Kemp to see biggest Instagram fee increase since leaving I'm A Celeb, reveals data
Roman Kemp finished in third place on last night's finale of I'm A Celebrity Get Me Out Of Here, Andy Whyment came second and Jacqueline Jossa won.
IITs end first week of placements on a high note, beating last year's show
IIT Kharagpur gets more than 1,000 job offers in a record five days, with 144 companies visiting the campus till Dec 5
Morocco’s Bank Profits Exceeded $1.1 Bn by End of September
The profits of eight main Moroccan banks reached $1.1 billion at the end of September, a 0.96 percent increase compared to the same period last year, while the total net banking income increased 6.6 percent to reach $5.62 billion, according to financ
Aphria Is Making the Right Moves to Survive Marijuana Slump
The outlook for cannabis stocks remains challenging. But if anyone can turn it around in 2020, it could well be Aphria.
Brokerages Set Great Portland Estates PLC (LON:GPOR) Price Target at GBX 724.09
Great Portland Estates PLC (LON:GPOR) has been given a consensus recommendation of “Hold” by the fifteen brokerages that are currently covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating on the company. The […]
AFN: Shehu-Gusau vows to unravel corrupt practices
Ibrahim Shehu-Gusau, embattled President, Athletics Federation of Nigeria, AFN has said the body will work diligently to unravel all corrupt practices.
First Trust New Opportunities MLP & Energy Fund: Our Top Pick Among MLP CEFs
FPL has presented a strong performance in 2019 despite continued weakness in MLPs and the midstream energy industry.We think the fund has value considering current discount to NAV and potential rebou
Just Eat takeover battle hots up with fresh $6.5bn Prosus bid
Offer is about 5% ahead of all-share bid from favoured suitor Takeaway
At $1.6 trn a day, EM currency trading outpaces peers, rupee deals double
In early 2016, emerging-market currencies began a two-year rally that took MSCI Inc.'s gauge to a record as investors sought higher-yielding assets
Azimut Exploration (CVE:AZM) Hits New 52-Week High at $0.50
Azimut Exploration Inc. (CVE:AZM) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.50 and last traded at C$0.50, with a volume of 40200 shares. The stock had previously closed at C$0.46. The company has a market capitalization of $26.11 million and a P/E ratio of -98.00. […]
An Industry in Transition: ThinCats Exits P2P Lending to Focus only on Institutional Money
Last week, P2P property lender Landbay announced it would no longer accept retail money as it moved away from the peer to peer lending model. Managing P2P inves
Esperance Shire owed nearly $40k in unpaid rates
The Shire of Esperance is set to take its pursuit of unpaid rates to the next stage, with more than $39,000 owing. According to the December, 2019 council ag...
3 Big Stock Charts for Monday: Hanesbrands, Canada Goose, and Ball Corporation
Monday's big stock charts, including GOOS stock, highlight three names looking for direction and hoping for help from the broad market.
Risky business: Why gov’t made sure Manila Water, Maynilad would earn
Part 2: What is 'onerous' now was logical before. Rappler looks at the history of how government enticed the private sector to take over water services.
Learning the right lessons from the onion crisis
Political parties that slam central governments on high prices for consumers/low prices for farmers will do zilch about getting their state governments to implement these reforms.
France's Sanofi to buy Synthorx for US$2.5 billion
France's Sanofi said on Monday it had agreed to buy Synthorx in a cash deal worth around US$2.5 billion as it seeks to beef up its ...
Petrol price hits Rs 75 per litre mark, diesel price crosses Rs 66
The increase pushed price of petrol to Rs 75 per litre in the national capital and that of diesel to Rs 66.04 per litre
Former Fed Chairman Paul Volcker, known as inflation buster, dies at 92
Dec. 9 (UPI) -- Paul Volcker, a towering figure in the history of the U.S. Federal Reserve Bank who took tough measures to battle inflation in the late 1970s and early 1980s, has died. He was 92.
Golden Globe nominations ceremony begins
The unveiling of Golden Globes nominees began on Monday in a ceremony marking the start of Hollywood
Mexico President Obrador: Senators have accepted proposed changes to USMCA
Mexican President Andres Manuel Lopez Obrador on Monday announced that Mexican senators have accepted the proposed changes to the United States-Mexico
Eurex Strengthens European Bond Market with New Product
Eurex will improve its offering by launching EUR-denominated fixed income ETF options starting today
Priyanka Lambasts Centre Over Rising Petrol, Onion Prices, Says Govt is in Sleeping Mode
"The inflation has made the life of common man worse, prices of onion have crossed Rs 200 in some parts and petrol has crossed Rs 75, but the BJP government is in sleeping mode", stated Priyanka.
Rhino warriors honoured for their bravery
Courage, resilience and tenacity were greatly emphasised at the Caxton and Spear Awards held to acknowledge the unsung heroes who put their lives on the line to save rhinos in the KNP.
Howick Local Board recognises youth achievements
Howick Local Board recognises youth achievements at youth council event
Who is Henry Gabay, Derby County's potential new investor?
The London-based businessman is in advanced talks with the Rams about an investment partnership with current club owner Mel Morris
Cavendish confident of getting back to his best with Bahrain-McLaren
The 30-time Tour de France stage winner has joined the newly-branded team.
Oracle Co. (NYSE:ORCL) Receives $57.42 Average Target Price from Analysts
Oracle Co. (NYSE:ORCL) has earned an average recommendation of “Hold” from the thirty ratings firms that are covering the stock, Marketbeat reports. Five research analysts have rated the stock with a sell recommendation, seventeen have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year price target among […]
3 Healthcare Stocks to Buy Before the End of 2019
The year-end success of the healthcare sector has led to several strong stocks to buy. Here are three of the best healthcare stocks to buy.
Climate risk legal advice coincided with military capability warning
Top-shelf legal advice warning company directors have a duty to act on climate change risk was studied by the federal government as recently as June
Financial sector clean-up: Government of Ghana waiting on Parliament's approval for GH¢15.6billion bailout
The government of Ghana says it is on course to secure Parliamentary approval for GH¢15.6 billion bailout for the financial sector clean-up.
Shipments of Wearables Surged 94.6% in 3Q19 [Report]
Worldwide wearables shipments surged 94.6% in the third quarter of 2019, according to the latest IDC report.
3 Healthcare Stocks to Buy and Never Sell
A holding period of forever sounds perfect for these top-tier businesses.
NAB prepares BRT, Malam Jabba references, says chairman NAB
National Accountability Bureau (NAB) Chairman retired justice Javed Iqbal said on Monday that the accountability watchdog has tightened its noose around plunderers of
Saudi military training under review after US shooting
US lawmakers call for a halt of the program after Saudi officer killed three Americans.
India makes modest progress in Human Development Index, fares poorly in gender equality
In India, 27.1 crore people were lifted out of poverty from 2005-06 to 2015-16. The steady progress was due to nearly three decades of rapid development, which had seen a dramatic reduction in absolute poverty, along with gains in life expectancy.
‘Cabinet sub-committee willsubmit report on PPAs soon’
41 were signed with terms in favour of IPPs, says Buggana
Pound-Australian Dollar Forecast: Fresh Three-Year Highs Ahead says Analyst
The Pound-to-Australian Dollar exchange rate trades at a new three-year high on Monday, December 03. amidst an ongoing lift in the broader Sterling complex
Tesco leads FTSE 100 risers as it weighs up Asia sale
Shares in Tesco rose more than five per cent in early trading as investors welcomed reports that the company is exploring a sale of its Asian businesses.
Record outcome for Edinburgh legal firm Anderson Strathern
Mid-tier legal firm Anderson Strathern has booked record full-year results as it continues to secure high-profile work.
We inherited N100b debts not N30b, says AbdulRazaq
Kwara State Governor AbdulRahman AbdulRazaq on Monday said that his administration inherited a sum of N100 billion debts from the former government of...
NSE asks investors to be careful in executing PoA with stock brokers
The latest communication comes against the backdrop of Karvy Stock Broking Ltd unauthorisedly transferring securities worth Rs 2,300 crore of more than 95,000 clients, into its account
Latest TRP Ratings: Yehh Jadu Hai Jinn Ka Tops The Chart; Bigg Boss 13 And Dance Plus 5 Re-enter
The TRP/BARC ratings for Week 48 are out. Yeh Jadu Hai Jinn Ka has topped the TRP chart while Kundali Bhagya has dropped to the third spot. Yeh Rishta Kya Kehlata Hai has jumped to the second spot.
Shakti Pumps hits 52-week low as CARE downgrades bank facilities
The outlook for the long-term rating of the company has been revised from 'Stable' to 'Negative'.
Wole Soyinka Centre postpones award to Osinbajo in protest against Sowore’s rearrest
The Wole Soyinka Centre for Investigative Journalism (WSCIJ) says it haVice President Yemi Osinbajo to protest the treatment of Omoyele Sowore,
Child poverty efforts must be escalated
9th December 2019
Banks to quiz borrowers about Netflix, private school
Lenders should be asking customers to prove they can save money for loans by cancelling their Netflix subscriptions under new responsible lending guidelines.
Ireland ranks as EU’s largest importer of planes
Figures show 53% of bloc’s plane imports last year went to Ireland
The best and worst regional housing markets
CoreLogic names the best and worst performing regions in the country.
Photo: ‘AFTV Out’ graffiti spotted on wall near Emirates as Arsenal fan channel faces backlash
Graffiti hits out at popular fan channel
Goldman Sachs sees gold soaring 9% in 2020 as Trump's trade-war and recession fears grip investors, Business Insider - Business Insider Singapore
Business Insider - The investment bank pointed to a host of reasons, even Modern Monetary Theory, as factors in its forecast.. Read more at businessinsider.sg
Technically Speaking For 12/9: The Weekly Charts Are Bullish
Hedge fund activity might be a partial reason for the spike in money market yields this fall.Tech companies face increasing pressure.The weekly charts are positive.
Pace of housing starts edges up in November on strength in B.C., Alberta
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts edged higher last month compared with October, although there were declines in five provinces.
Labour’s plans to nationalise services: Everything you need to know
The party’s manifesto said it would like to take mail, water and train operators, among other things, back under public ownership.
Onion nightmare continues for consumers
Price of the commodity ranges between ₹110 and ₹170 per kg depending on the variety
SPA, ATA sign cooperation MoU
This came during a meeting held at SPA headquarters in Riyadh between Al-Hussein and the ATA director general and her delegation comprising Romelda Rapolari, director of human resources division and Arian Jorgaqi, director of international news division in addition to SPA Vice President Ahmed Bin Ibrahim Al-Awadh, Saudi Press Agency reported.
FOMC to leave the target range unchanged – NBF
According to analysts at National Bank Financial, the highlight of the week will be the central bank’s monetary policy meeting in the US. Key Quotes “
Serious lapses in CCRC construction: Chennithala
Leader of the Opposition Ramesh Chennithala, who visited the construction site of the Cochin Cancer Research Centre where the porch roof that was newly built had collapsed last Monday, said that it wa
France ready to take Trump’s tariff threat to WTO
RIYADH: Saudi Arabia’s Ministry of Finance has kicked off a tour for foreign investors in Riyadh today ahead of the 2020 Budget Forum on Dec. 10. Twenty two international investment companies from Taiwan, the US, the UK, Malaysia, Indonesia, Japan, Hong Kong, Germany and France have been invited to visit some of the Kingdom’s top non-oil based companies. The group includes a
About 200,000 Pakistani pilgrims to perform Hajj 2020: Minister
ISLAMABAD, Pakistan: The Minister for Religious Affairs and Interfaith Harmony Noor-ul-Haq Qadri has said that about 200,000 pilgrims will perform Hajj in 2020 under the Government as well as Private Hajj Scheme. However, the exact number of pilgrims who will perform Hajj in 2020 will be known after the signing of an agreement by him with his Saudi Counterpart, which is expected in the first week of December 2019. In a written reply to a question submitted in the National Assembly on December 9, 2019, the religious affairs minister told that the detail of per head expenditure for Hajj 2020 is based on the rates of accommodation charges. The minister told that compulsory Hajj dues, additional service charges and train charges etc. to be provided by the Director General (DG) Hajj, Jeddah and airfare to be decided with the airlines. Noor-ul-Haq Qadri further told that the survey of the buildings is underway and agreements with the different departments of the Kingdom of Saudi Arabia are also under process. Therefore…
Suraksha Realty confident of acquiring Jaypee Infra, voting from Dec 10
Suraksha Realty is owned by Sudhir Valia, the brother-in-law of Sun Pharma promoter Dilip Shanghvi
Tighter climate policies could erase $2.3 trillion in companies value: report
LONDON (Reuters) - Tighter government climate regulations by 2025 could wipe up to $2.3 trillion off the value of companies in industries ranging from fossil fuel producers to agriculture and car makers, an investor group warned in a report.
Dozens of States Want to Keep America’s Broken Climate Promise
States still aiming to meet U.S. climate commitments will reduce emissions 20 to 27 percent below their all-time high by 2025, a new report card shows.
India ranks 129 in UN's human development index
India climbed one spot to 129 among 189 countries in the 2019 human development index, according to a report released by the United Nations Development Programme (UNDP) on Monday.
USD/JPY: Bears losing their grip as market attempts to bottom
USD/JPY is trading on the bid in the US session following a rise from 108.42 the low to a high of 108.66. The US dollar is holding up despite a strong
WATCH: Rescue operation underway after 700 shacks swept away in Mamelodi flood | Pretoria News
Acting MEC for Social Development Panyaza Lesufi said they are assisting with emergency vehicles, food and blankets
Brazil will drill massive oil find despite climate concerns: minister
MADRID (Reuters) - Brazil will push to expand oil drilling in its massive “pre-salt” oil and gas area off its coast in spite of growing global concerns about climate change, the country’s energy minister told Reuters on Monday.
Chanda Kochhar termination: Bombay HC seeks RBI's reply before next hearing
Earlier, Kochhar had stated that ICICI Bank was under statutory obligation to obtain prior RBI approval to terminate her from service, and claimed that the bank did not seek any such approval.
Most foreign funds not massively overweight on India: Ayon Mukhopadhyay, IIFL Securities
Reforms in the NBFC sector can increase the GDP by 1 to 2%, says Mukhopadhyay.
‘The government is strangling cinema’: Brazil film industry fights for survival
Film expo will open Monday with a smaller program after Bolsonaro slashed public funding for the arts earlier this year
Citizenship (Amendment) Bill doesn't violate constitution: Amit Shah
It will give relief to people living a painful life after facing persecution in neighbouring countries, he said.
Late payments: Firms wait twice as long for cash in 2019
The UK’s small and medium-sized businesses are being stretched by customers failing to pay them on time, according to a [...]
European stocks stutter as attention turns to trade deadline, central bank meetings
LONDON, Dec 9 — European stocks fell today as worries about a Chinese economic slowdown and the US-China trade war outweighed Friday’s strong US jobs data, in a quiet start to trading before several big events later in the week. The Federal Reserve meets on Wednesday and new European Central...
Golden Globes nominations ceremony begins
The unveiling of Golden Globes nominees began Monday in a ceremony marking the start of Hollywood's annual awards season that culminates with the Oscars.
Nawaz Sharif recommended medical treatment in U.S.
"Mentally paralysed [persons] are doing politics over Nawaz Sharif’s health," she said.
Chandrababu Naidu, TDP legislators protest outside Assembly against high onion prices
As the price of onions has sky-rocketed, Telugu Desam Party (TDP) MLAs and MLCs led by their party president and former Chief Minister N. Chandrababu Naidu staged a protest near the Fire Station outsi
SunTrust, BB&T banks complete merger, creating Truist
The merger between Atlanta-based SunTrust and Winston-Salem, N.C.-based BB&T has been completed, creating the nation’s sixth-largest bank, serving about 10 million consumer households, officials of the combined company announced Monday.
government bonds launches interest rate options on 10-year government bonds
As per the statement, interest rate options are based on the underlying government 10-year bonds -- the 7.26% 2029 bond and the 6.45% 2029 bond
Crypto Payments Now Legal in Ukraine
Lawmakers in Ukraine have adopted new legislation that legalizes crypto payments as the country moves forward with strict compliance to international
Rakesh Jhunjhunwala voices support for Fortis-IHH deal, says no link to Singh brothers
Expressing shareholders' concerns over lag in IHH's planned open offer for Fortis, Rakesh Jhunjhunwala stressed that the deal was "fair" and IHH should conclude it since the open offer has been pending for a year
Blockchain, A Four-Time Waltz: Bitcoin, Ethereum, Libra & the CBDCs – The Need for a New Balance
We have deliberately chosen to limit our presentation, for pedagogical reasons, to the four fundamental periods represented by the emergence of Bitcoin, Ethereu
Finland’s Sanna Marin becomes world’s youngest serving PM
Former transport minister to head leftwing coalition after Antti Rinne’s resignation
'Bull Markets Often End With A Euphoric Rally Called A 'blow-Off Top.' We May Have Just Had One'
The current flatfish top has zero resemblance to the 2000 market top.I think this secular bull market has further to run and will end on a note more similar to that of 2000.One thing I'm pretty sure o
Iranian Foreign Minister Says Tehran Ready for Prisoner Swap, 'Ball is in US Court' - Reports
Iranian Foreign Minister Mohammad Javad Zarif tweeted on 7 December that Iran and the United States were conducting an exchange of US-held Iranian scientist Massoud Soleimani and Chinese-American Xiyue Wang detained in Iran.
Almarai to distribute SAR 0.85/shr
Riyadh – Mubasher: Almarai Company’s Board of Directors has recommended distributing cash dividends to shareholders for 2019 at SAR 0.85 per share, equivalent to 8.5% of the share’s par value. The dividends will have a total amount of SAR 850 …
AICHAIN (AIT) Achieves Market Cap of $438,636.00
AICHAIN (CURRENCY:AIT) traded down 1.8% against the U.S. dollar during the twenty-four hour period ending at 12:00 PM ET on December 9th. One AICHAIN token can currently be purchased for $0.0008 or 0.00000011 BTC on popular exchanges including CoinEgg, BCEX, FCoin and OTCBTC. AICHAIN has a total market cap of $438,636.00 and $22,239.00 worth of […]
LGBTQ faces discrimination in workplace, says CCHR report
The Cambodian Centre for Human Rights (CCHR) issued a report this month revealing workplace discrimination faced by members of the Lesbian, Gay, Bisexual, Transgender and Queer (LGBTQ) community in Cambodia.
This is how Cassper Nyovest is bringing back his popular #FILLUP concert before the end of the year
South African Hip Hop sensation, Cassper Nyovest is set to fill up another stadium this year.
Cost of liver transplant in Pakistan
ISLAMABAD, Pakistan: Currently liver transplant is being performed by three different Public and Private Hospitals within the jurisdiction of Human Organ Transplant Authority (HOTA) Islamabad as after the 18th Constitutional amendment, the domain of Federal HOTA was curtailed to the Islamabad Capital Territory (ICT) only, the National Assembly was informed on December 9. In a written reply submitted in the House, the Minister for National Health Services, Regulations and Coordination told that three hospitals including Army Liver Transplant Unit (ALTU) at Military Hospital Rawalpindi, Shifa International Hospital Islamabad, and Quaid-e-Azam International Hospital Islamabad are performing liver transplant. The minister told that these hospitals comprise of health-care professionals and experts having the best liver transplant facilities in Pakistan, and the cost for liver transplant there is approximately Rs 5 million. Also Read: 100,000 thalassemia & 10 million Hepatitis C patients exist in Pakistan The House…
What Continental Resources Should Do Next
Continental Resources reported a profit of $0.54 per share and generated free cash flows of $79.3Mn, even as it realized oil prices of just around $51 a barrel. The company could deliver strong result
Pace of housing starts edges up in November on strength in B.C., Alberta
Canada Mortgage and Housing Corp. says the annual pace of housing starts edged higher last month compared with October, although there were declines in five provinces.
Zacks: Embotelladora Andina SA ADR Series B (NYSE:AKO.B) Receives Average Recommendation of “Strong Sell” from Brokerages
Embotelladora Andina SA ADR Series B (NYSE:AKO.B) has been given a consensus broker rating score of 5.00 (Strong Sell) from the one brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong sell rating. Brokerages have set a 1-year consensus price target of $16.00 for the company, […]
airBaltic receives the Regional Airline of the Year Award by CAPA
The Latvian airline airBaltic received the CAPA Regional Airline of the Year award in a special ceremony in Malta on December 5, 2019. For the second time, airBaltic has been recognised as the leader of the regional aviation sector by CAPA's Aviation Awards for Excellence which is held annually since 2003 with professionals participating from airlines around the world. Martin Gauss, Chief Executive Officer of airBaltic said: “We at airBaltic have had yet another year of intense work and successful growth.
Environmental group in Singapore pushes for sustainable palm oil use
Environmental group in Singapore pushes for sustainable palm oil use
Plans to privatise BPCL suicidal for nation, says PSU officers' union
The officers union was not opposed to private competition but they should not be handed on a platter assets set up over years.
Here’s How the US-China Trade War is Helping JD.com Stock Bulls, Bears
Don’t attempt to trade volatile and varied headlines, invest your trust in a powerful trade war pattern setting up on the price chart of JD.com.
Can Debt Deal Save Chesapeake Energy Stock?
Seemingly out of nowhere, Chesapeake Energy stock received a lifeline with a debt financing deal. But should contrarians take the bait?
Market watch: Index ends in red amid lack of triggers
Benchmark index decreases 289.44 points to settle at 40,442.81
iDreamSky in talks to buy Leyou
Mobile publisher would get controlling interest in fellow Chinese outfit with stakes in Digital Extremes, Splash Damage, SNK Playmore
CEOs call for fiscal stimulus
Australia's top business leaders say infrastructure spending, tax cuts and investment breaks should be used to boost sluggish growth.
59 mn added under PM Jyoti Bima Yojana, 154 mn under Suraksha Yojana: Govt
The PMJJBY offers life insurance cover of Rs 2 lakh in case of death due to any reason to people in the age group of 18-50 years having a bank or post office account
EFCC secures 1,900 convictions, recovers N794bn in 4 years — Magu
Mr Ibrahim Magu, the Acting Chairman, Economic and Financial Commission (EFCC), says the commission has so far secured 1,900 convictions and recovered...
This Dividend-Paying Chip Stock Could Switch Up a Gear in 2020
Secular end-market growth should be a catalyst for chipmaker Analog Devices in the new year.
World Bank takes a stance on Isimba hydropower project
The World Bank has approved a Management Action Plan, in response to complaints regarding the construction of Isimba Hydropower Project.
Magenta Therapeutics (NASDAQ:MGTA) Receives Neutral Rating from Goldman Sachs Group
Goldman Sachs Group reaffirmed their neutral rating on shares of Magenta Therapeutics (NASDAQ:MGTA) in a research note issued to investors on Friday, BenzingaRatingsTable reports. The brokerage currently has a $18.00 price objective on the stock. MGTA has been the subject of several other reports. ValuEngine cut Magenta Therapeutics from a hold rating to a sell […]
You won't need to be techy to work in tech
The top 15 emerging jobs say LinkedIn shows the rise of tech jobs that are open to anyone, as soft skills rise in importance alongside technical ability.
How bad leadership, corruption fuel poverty in Africa
More than 70 per cent of Africa’s estimated 1.2 billion people are said to be suffering from high unemployment, inequality and poverty.
Ulta Beauty (NASDAQ:ULTA) Price Target Raised to $230.00
Ulta Beauty (NASDAQ:ULTA) had its target price raised by Nomura from $215.00 to $230.00 in a report published on Friday morning, BenzingaRatingsTable reports. The brokerage currently has a reduce rating on the specialty retailer’s stock. A number of other brokerages also recently issued reports on ULTA. Stifel Nicolaus dropped their price target on Ulta Beauty […]
Marginal Rejig In GST Structure Can Be Combined With Income Tax Cuts
The right thing to do is to accept a slightly higher rate of fiscal deficit in the short run.
Buhari orders Accountant General publish daily treasury statement
President Muhammadu Buhari has ordered the Accountant General of the Federation (AGF) to publish a Daily Treasury Statement that will provide information...
A2 Milk wanted a change agent but was rattled by Hrdlicka's speed
The sudden departure of a2 milk chief executive Jayne Hrdlicka has shocked investors but the discord between her and the board rendered the CEO continuing in the job impossible.
How much do workers in Switzerland earn - and which jobs are the best paid?
Wages are high in Switzerland - which is just as well due to the sometimes prohibitive cost of living. But how much on average do Swiss people actually earn - and which jobs are the best paid?
IDEG Launches 2 Bitcoin Trusts in Asia
Digital asset management firm IDEG Investment on Sunday announced the launch of two crypto trusts - Asia Bitcoin Trust I and Atlas Mining Trust I.
Netflix Lands First Best Picture Golden Globe Noms for 'Irishman,' 'Marriage Story,' 'Two Popes' and 'Dolemite'
The awards-hungry streamer landed a leading 17 nominations, more than double that of its nearest rival.
Disney becomes first studio in history to pass $10 billion at worldwide box office
Thanks to a record number of billion dollar blockbusters, Disney has become the first studio in history to surpass $10 billion at the worldwide box office.
Singapore's Tamil community over 2,000-year old: Book
The Tamil community has been present in South East Asia and Singapore for more than 2,000 years, according to a new book which explores the lesser-known aspects of Tamil history and heritage.
Alta Fox Opportunities Fund - Keywords Studios PLC
KWS was the biggest loser in the portfolio in Q3.The stock declined because of Q3 results, which were deemed disappointing by the market.We remain long as I think the company is well positioned for se
Lie of the Year 2019: Readers' Choice Poll
PolitiFact will soon announce our Lie of the Year -- the most significant falsehood of 2019, as chosen by our editors and reporters. We're also inviting PolitiFact readers to vote for the Readers' Choice award. Vote using the ballot below or use this link to our survey. (function(t,e,s,n){var o,a,c;t.SMCX=t.SMCX||[],e.getElementById(n)||(o=e.getElementsByTagName(s),a=o[o.length-1],c=e.createElement(s),c.type=
A truckload giant just filed for bankruptcy, and it leaves nearly 3,000 truck drivers jobless, Business Insider - Business Insider Singapore
Business Insider - Celadon declared bankruptcy on Dec. 9, and that collapse is worrying truck drivers that they may be stranded.. Read more at businessinsider.sg
How global cities are promoting sustainability and helping to fight climate change - CityAM
The 2016 Paris Agreement gave the world a sense of hope that politicians could work together to limit temperature rises [...]
Royke Tumilaar appointed Bank Mandiri president director
State-owned lender Bank Mandiri’s shareholders have officially appointed Royke Tumilaar to be the bank’s new president director.
Cape couple go from Mr and Mrs to Dr and Dr Bam at PhD graduation ceremony | Cape Argus
It’s an all-round celebration for Doctors Wouter and Louzanne Bam, a husband and wife couple who received their PhD degrees in Engineering.
Yes Bank likely to reject $1.2 bn offer from Canadian tycoon Erwin Braich
At a meeting on Tuesday, the board is expected to reject an offer from Canada's Erwin Singh Braich and Hong Kong-based SPGP Holdings to contribute $1.2 billion toward the fund raising
Tullow’s timely lesson for bets on battered energy stocks
The search for unfairly undervalued energy investments is peppered with difficulties
At $1.6 trillion a day, EM FX trading outpaces major peers
Currency trading grew at a faster pace in emerging markets than developed nations.
CGST falls short of budget estimate by 40% in April-November
In 2018-19, the actual CGST collection stood at Rs 4,57,534 crore as against the provisional estimate of Rs 6,03,900 crore for the year
Poachers kill 2 southern white rhinos
This comes after six years of successfully keeping all rhinos in the conservancy safe.
Anti-Corruption War: FG unveils financial transparency policy/open treasury portal
The Federal government on Monday launched a Financial Transparency Web Portal to enhance accountability and transparency i
Will Lyft Stock Be Boosted by Lyft’s Spectacular Performance?
The performance of LYFT, at least relative to expectations, has been spectacular in recent quarters. But Lyft stock has struggled badly.
Cadence Design Systems: Great Prospects, Mostly For The Operations
Cadence Design Systems is an undercovered beneficiary of the continued semiconductor boom.The company is well positioned and has a good track record, yet valuations have gotten a bit out of hand.I lik
Have you been the victim of a burglary in Ireland?
Share your stories about your house being broken into or car being stolen
Hearables fuel wearable shipment surge
The growing popularity of wireless ear and headphones pushed wearable shipments in the third quarter ...
‘Tisoy’ retired as name of tropical cyclone
Destructive typhoon “Tisoy” (international name: Kammuri) will soon be retired by the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) from its list of tropical cyclone names due to the cyclone's massive damage to infrastructure and agriculture.
Turkey climbs higher in Human Development Index
Turkey made it into the 'very high development' category of UNDP's Human Development Index in 2018, the UN agency announced on Monday, thanks to higher life expectancy and improved standard of living
NTMA to borrow less next year as repayments in focus
Agency sold €15.4bn of long-term bonds this year, at the lower end of its full-year target
SBI lowers MCLR based lending rates by 10 bps
Country's largest lender State Bank of India on Monday announced the reduction in its marginal cost of fund-based lending rate (MCLR) by 10 basis points across all one-year products, effective
Oil firms roll back prices
EFFECTIVE at 6 a.m. today, major and independent oil firms will implement a price rollback of their petroleum products in slightly different amounts.
Fitch: Smoother Italy-EU relations do not remove fiscal uncertainty
Political divisions and differing policy views within Italy's governing coalition are likely to constrain meaningful tax & structural reforms, Fitch R
-$0.31 Earnings Per Share Expected for Arlo Technologies Inc (NYSE:ARLO) This Quarter
Wall Street brokerages expect Arlo Technologies Inc (NYSE:ARLO) to post earnings of ($0.31) per share for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for Arlo Technologies’ earnings, with the lowest EPS estimate coming in at ($0.32) and the highest estimate coming in at ($0.29). Arlo Technologies posted earnings per […]
Doug Ford goes back to the well on water bottling ban
The province has extended a moratorium on water bottling operations, but is it just a stall tactic?
Construction Of Surat Metro’s First Phase Set To Begin In June 2020, Expected To Be Ready By 2024
The centre had approved funds for the construction of the first phase for Surat Metro in February this year.
Too much regulation on bitcoin and cryptocurrency could scare away future tech innovators
The FCA must strike a balance when it comes to protecting customers, regulating bitcoin and cryptocurrency, and not stifling tech innovation.
EFCC recovers N3.6bn, 10 houses from suspected looters in Ilorin
The Ilorin Zonal office of the Economic and Financial Crimes Commission says it has recovered N3.6 billion and 10 houses from suspected looters.
The Fed’s liquidity problem hasn’t yet gone away — and an abrupt shock may be looming in 2020
Even with hundreds of billions of dollars in new liquidity created out of thin air, it’s too soon for the Fed to signal a clear coast for repo markets.
No proposal for education loans waiver, says govt
The government on Monday said there is no proposal under consideration for waiver of education loans. In the last three years from 2016-17 to March 2019, the amount of outstanding education loans
4 AM Wake-Up Call
Right off the bat, we saw an almost 850-point drop in the Dow Jones from Black Friday until Tuesday as President Trump was quoted as saying that he saw the chances of a trade deal lessening.The tariff
Bitcoin Price Shows ‘Uncanny Resemblance’ to 2018 Breakout Pattern
BTC has hovered between bullish and bearish attitudes. But one chart analyst sees a possible scenario, as the bitcoin price action in the past months
Hormel: Great Dividend Grower, But Significantly Overpriced
HRL is a dividend aristocrat, with 50+ consecutive years of annual dividend increases.However, the company posted negative EPS growth in 2019 and analysts expect that trend to continue into 2020.HRL h
Things Are Going from Bad to Worse for Aurora Stock
Does Aurora Cannabis stock offer an intriguing, compelling trade? Yes. However, realistically getting to that point is a major problem.
Analysts Set CarMax, Inc (NYSE:KMX) PT at $97.58
Shares of CarMax, Inc (NYSE:KMX) have received an average rating of “Buy” from the fifteen analysts that are currently covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued […]
European companies minimise risks from US-China trade war
BEIJING, Dec 9 — European companies in China have been able to minimise the effect from the tariff war between Beijing and Washington, although some are considering relocating their businesses, the EU Chamber of Commerce said today. The world’s two biggest economies have been entangled in a...
6 reasons why Mikel Arteta is the perfect manager for Arsenal
There are a number of quality candidates in the frame to become Arsenal's next manager following Unai Emery's sacking; here's why ex-Gunners star Mikel Arteta is the best bet
Job creation to jump 7.12% in Oct-Mar: TeamLease report
According to TeamLease's bi-annual Employment Outlook Report for HY2 2019, economic reforms lifted the spirits for seven of the 19 sectors surveyed, while nine sectors reported a decrease in their outlook for October-March period of this fiscal.
Estonia, Latvia, Slovenia, Slovakia, Lithuania, Romania - lowest flu vaccination rate among the elderly
The lowest influenza vaccination coverage rates among the elderly - more than 65 years old - in the European Union were recorded in Estonia,...
India Ends Disappointing Year in Crypto, Will 2020 Be Better?
Regardless of crypto market price action, some countries have had a better 2019 than others. India has been on the back foot for most of it ...
Australians' faith in government hits record low
SYDNEY: Australians have less trust in government than at any point on record and are more worried about climate change, according to a ...
The 77th Golden Globes: Complete Nominations List
Check out the full list of nominees, including The Irishman, The Morning Show, and more.
Aberdeen Asia-Pacific Income Investment (TSE:FAP) Trading 0.3% Higher
Aberdeen Asia-Pacific Income Investment (TSE:FAP)’s stock price traded up 0.3% during trading on Monday . The stock traded as high as C$3.55 and last traded at C$3.55, 35,313 shares were traded during trading. A decline of 36% from the average session volume of 54,849 shares. The stock had previously closed at C$3.54. The stock has […]
India moves up one spot in human development index: UNDP report
India is ranked 129 out of 189 countries according to a report by the United Nations Development Programme.
EFCC recovers N3.6bn, 10 houses from suspected looters in Ilorin
The Ilorin Zonal office of the Economic and Financial Crimes Commission says it has recovered N3.6 billion and 10 houses from suspected looters...
Vivo V17 with 48MP quad camera, punch-hole display launched: Price, specifications
Vivo V17 with a 48MP quad-camera and a 32MP selfie punch-hole camera has just been announced for the Indian market. Vivo V17 is a more affordable take of its Pro variant that launched earlier.
No reason to show that employment has come down: Govt tells Lok Sabha
The Labour and Employment Minister also said the government is implementing various schemes for generating more employment
ATV rider plummets 150 feet
UPDATE 6 p.m. The Penticton Fire Department has successfully rescued the rider from the bottom of the embankment.
Jumia Closes Shop In Rwanda Days After Exiting Cameroon, Tanzania
Jumia has closed its shop in Rwanda after six years of operation, days after exiting Tanzanian and Cameroonian market.In a message to its customers the New York-listed e-commerce platform said it
For Growth Stocks, Profits Are The New Normal
Profitable companies outperform by a wide margin over time, even among high-growth companies, which often post losses early in their lifecycles.This year's equity market landscape is littered with hig
Counter Attack Solution for All Problems in AP?
Andhra Pradesh Assembly Sessions began today this morning in Undavalli. The Principal Opposition Party, TDP has announced its intention of raking 13 issues in this session but the Ruling Party, YSR Congress seems to have some other ideas. The Ruling Party has no answers except for counter-attacking TDP with unrelated issues, the Opposition Party alleged.
Silicon Labs Executing On Its IoT Opportunity, With Infrastructure Likely To Get Better In 2020
IoT continues to drive Silicon Labs' growth, and particularly its strong wireless portfolio, which saw better than 20% growth in the third quarter. Infrastructure is being held back by weakness in the
Malaysia’s first polio case in 27 years is a child who wasn’t vaccinated. Here are 3 things to know about the incurable virus
Malaysia has reported its first polio case nearly three decades after the last occurence in 1992.
PDP lawmaker begs Buhari to fix roads, electricity in constituency
A member of the House of Representatives, Rep. Francis Otta Agbo, has pleaded Buhari to address the neglect of his constituency.
Bakkt Launches The First CFTC-Regulated Option on Bitcoin And Cash-Settled Futures
Bakkt, the Bitcoin Futures trading platform of the Intercontinental Exchange (ICE), has just announced that it's rolling out cash-settled Bitcoin futures
Take Five: Euphoria to despair and back again
(Reuters) - 1/ELECTION NIGHT FEVER
Kenney and cabinet ministers in Ottawa to meet federal counterparts
Alberta Premier Jason Kenney and eight of his cabinet ministers will be in Ottawa today as part of a trip to meet their federal counterparts.
Zarif: Iran fully ready for prisoner swap, ball in US court
Iranian Foreign Minister Mohammad Javad Zarif has said Tehran was "fully ready" for a full prisoner exchange with the United States.
Swedbank cuts management team in revamp after laundering probe
Swedbank said on Monday its chief risk officer was leaving as the Swedish bank revamps its structure to regain customer trust after a money ...
Business leaders in their own words on policy
Australian business leaders reveal what they want from government - and the big opportunity Australia missed in the past decade.
Over 100 million Nigerians earn less N700 daily – UK’s EFInA
The United Kingdom’s Enhancing Financial Innovation and Access (EFInA) has disclosed that over 100 million Nigerians earn less than N700 per day.
Canopy Growth shares get lift after Constellation executive named new CEO
Shares of Canopy Growth Corp. got a lift after the cannabis producer named a veteran Constellation Brands executive as its new chief executive.
Recent cut in corporate tax rate was done to boost investments: CEA
"Private investment is the driver of economic growth. Steps that we are taking, be it corporate tax rate cut, be it code on wages and industrial relations, is to try and create a more favourable environment for investment," Subramanian said at the FICCI Young Leaders Summit
Renaissance Services restructures its share capital
The Board of Directors of Renaissance Services invited all shareholders to attend an Extraordinary General Meeting
Minister of State for Foreign Affairs arrives in Riyadh ahead of GCC Summit
Riyadh: Minister of State for Foreign Affairs H E Sultan bin Saad Al Muraikhi arrived today in Riyadh to chair Qatar's delegation participating in the 145th ministerial preparatory meeting for the GCC 40th Leaders' Summit, hosted by Saudi Arabia.
Want to live longer? Exercise vigorously every day TheHealthSite.com
Exercise, exercise health benefits, exercise lower risk of heart disease, women's health, running benefits, cardiovascular disease at TheHealthSite.com
Corporate appetite in MENA grows in 5 years – Arabnet Report
Mubasher: The entrepreneurial ecosystem across the Middle East and North Africa (MENA) has been grabbing global and regional attention, with higher investor appetite and interest in the region’s startups, according to Arabnet report. The “State of …
India moves from 130 to 129 in human development index: UNDP report
In India, 27.1 crore people were lifted out of poverty from 2005-06 to 2015-16, UNDP India resident representative Shoko Noda said. India ranked 130 last year. The steady progress was due to nearly three decades of rapid development, which had seen a dramatic reduction in absolute poverty, along with gains in life expectancy, education, and access to health care, she said.
Letter to BS: NEFT system a step closer to achieving financial inclusion
The facility to transfer money through NEFT transaction on a round-the-clock basis will benefit many customers
Tariff hikes to double telcos' Ebitda: Crisil
In the last few weeks, Airtel, Vodafone and Jio have increased their tariff- a first since 2016.
UNICEF wants countries to prioritise children in climate action policies | IOL News
UNICEF and the Office of the Human Rights Commissioner have called on countries to sign a declaration that will ensure children ...
After toll plazas, govt push for FASTag at Hyderabad airport parking
It has given a major fillip to the Digital India initiative by converting cash toll payments to electronic and brought in an enhanced transparency in entire tolling ecosystem, the ministry said
Hurun’s list: Mukesh Ambani may soon break into top 5
Riding the digital wave, Mukesh Ambani, the first Indian to break into the global top 10 rich list, would emerge as one of the five richest people in the world in the next two or three years. The Chai
The best of the world in pictures
The finest photos from the international wire agencies as chosen by our picture editors.
India moves from 130 to 129 in human development index: UNDP report
In India, 27.1 crore people were lifted out of poverty from 2005-06 to 2015-16, UNDP India resident representative Shoko Noda said.
Sowore: Wole Soyinka Centre postpones award to Osinbajo
Following the rearrest and continuous detention of Omoyele Sowore, the Wole Soyinka Centre for Investigative Journalism (WSCIJ)
Lender Amigo's chief executive quits after less than five months in charge
The chief executive of high interest rate lender Amigo, Hamish Paton, has resigned this morning after less than five months in the job.
Burna Boy confidently says he is going to win his Grammy nomination (video)
Burna Boy has allayed the fears of his well-wishers, who are fervently hoping that he would become the first Nigerian to move past the nomination level, and actually bring the award home.
Indigo Paint's IPO may fetch 3.5x returns for Sequoia in partial exit
The fund-raising comes at a time when the company plans to penetrate cities and scale up investments and become a key player in the industry
Petrol Price Reaches Rs 75 Per Litre, Diesel Crosses Rs 66 Mark, First Time in One Year
Though the diesel rate has been moderate, the price of petrol has been on the rise since November 9.
Mirhan Smith is this week's Local Hero
The Centre, Livingston, welcomed Mirhan Smith (19) into the mall to collect her well-deserved award.
Allakos Does It Again; bluebird And Sunesis Data: The Good, Bad And Ugly Of Biopharma
Allakos has spiked on sales chatter, despite being only in Phase 2 stage.bluebird bio reported positive data from the KarMMa trial.Vecabrutinib, a BTK inhibitor from Sunesis, produced disappointing da
Government debt is not a free lunch
With interest rates on government debt at multi-decade lows, a number of leading economists have argued that almost every advanced economy can allow debt to drift up toward Japanese levels (over 150 percent of GDP even by the most conservative measure) without any great concern about long-term consequences. Advocates of much higher debt might be…
Virgin Galactic's stock could soar 726%, Morgan Stanley says
Virgin Galactic's stock is soaring after an analyst said its space planes could one day disrupt the air travel industry, potentially raking in nearly a trillion dollars a year in sales.
Professor: Why Should the World Bank Take Orders from the United States?
US President Donald Trump criticized the World Bank’s decision to lend more money to China and said it needs to stop giving it loans after the international financial institution approved a new plan to aid China with $1 billion to $1.5 billion in low-interest loans annually through June 2025.
The role of geopolitics in GCC unity
All current member states are monarchies, two absolute monarchies (Saudi Arabia and Oman), three constitutional monarchies (Qatar, Kuwait and Bahrain) and one federal monarchy (United Arab Emirates).
iPath Series B Bloomberg Cotton Subindex Total Return ETN (NYSEARCA:BAL) Stock Price Down 1%
iPath Series B Bloomberg Cotton Subindex Total Return ETN (NYSEARCA:BAL) was down 1% during mid-day trading on Monday . The company traded as low as $38.71 and last traded at $38.71, approximately 130 shares changed hands during mid-day trading. A decline of 97% from the average daily volume of 4,426 shares. The stock had previously […]
ABB (NYSE:ABB) Receives New Coverage from Analysts at Barclays
Research analysts at Barclays assumed coverage on shares of ABB (NYSE:ABB) in a research report issued on Monday, BenzingaRatingsTable reports. The firm set an “overweight” rating on the industrial products company’s stock. ABB has been the subject of a number of other reports. JPMorgan Chase & Co. reiterated a “sell” rating on shares of ABB […]
Payday lenders have embraced installment loans to evade regulations – but they may be even worse
Use of installment loans has grown dramatically in recent years – all without the regulatory scrutiny that tamped down on abuses in the payday loan market.
Cloud Stocks: VMware Builds Up With Acquisitions
VMware's third-quarter revenues grew 12% over the year to $2.46 billion versus the Street estimate of $2.41 billion.For the fourth quarter, the company expects license revenue to grow 13% to $1.39 bil
Sensex rises 42 points; bank, auto stocks shine
Market benchmark BSE Sensex rose over 42 points on Monday to close at 40,487.43, driven by buying in select bank and auto counters.
Galaxy S10 Lite and Galaxy Note 10 Lite: here are the prices
Galaxy S10 Lite and Galaxy Note 10 Lite: here are the prices, an online retailer based in Slovakia, has mistakenly put online the prices.
Prosus hikes hostile bid for Just Eat
LONDON, Dec 9 — Prosus, Europe’s largest consumer-tech company, said today it has hiked its hostile takeover bid for Just Eat, in an attempt to derail the latter’s merger deal with peer Takeaway.com. Prosus announced in a statement that it has lifted its bid to £74 pence per share or about...
Ministries, institutions discuss measures for Mekong conservation
Members of relevant ministries and institutions gathered on Friday and Saturday to discuss the importance of the Mekong to Cambodia from a policy standpoint and how the government can best work together to ensure the conservation of the river.
India to witness 7.12% rise in job creation in October-March: Report
India Business News: India is expected to witness a marginal 7% rise in job creation in the October-March period, as subdued economic conditions have dampened employment o
Portugal opens 300 supermarkets in 2 years
Almost 300 supermarkets opened their doors to the public in the space of just two years.
Saoirse Ronan and Andrew Scott nominated for Golden Globe awards
Irish actress Saoirse Ronan and actor Andrew Scott have been nominated for Golden Globe awards.S...
Ethiopian Group CEO named ‘Airline Executive of the Year’ by CAPA
ADDIS ABABA - Ethiopian Airlines Group CEO Mr. Tewolde GebreMariam has been recognized as ‘Airline Executive of the Year’ at the annual Global Aviation Awards for Excellence organized by Centre for Aviation (CAPA) in Malta on 5th December 2019. Mr. Tewolde GebreMariam won the title for his commendable individual influence on the aviation industry, demonstrating outstanding strategic thinking and innovative direction for the growth of Ethiopian Airlines and the aviation industry at large. Commenting on the accolade, Mr. Tewolde GebreMariam said,
Lazada’s millennial-friendly credit card is finally in Singapore - and it's offering a year's free shipping, plus tons of points, Business Insider - Business Insider Singapore
Business Insider - It includes free shipping on RedMart and Lazada for a year.. Read more at businessinsider.sg
Smartly Avoid General Electric Stock Dividend for Capital Appreciation
Reassuring news that General Electric was keeping its dividend should move GE stock higher. But, profit-taking is likely to occur first.
Peregrine Ventures raises more than €103 million for its fourth fund, to invest in MedTech startups
Peregrine Ventures, an Israeli MedTech venture capital fund, just closed its fourth fund, Peregrine 4, raising €103 million. Their partners include some of the leading institutional and private equity investors from Israel, the United States, Europe and Australia.
Include Muslim sects facing persecution in citizenship bill: SAD
SAD president Sukhbir Singh Badal said his party supports the bill as it will hugely benefit Sikhs facing persecution in Pakistan. He also urged the government to include Ahmediyas and Hazaras in the ambit of the bill as they too are facing persecution in neighbouring countries. He said the move will send a good signal.
Kenney aims for clear signs of federal action on two-day Ottawa trip
Alberta Premier Jason Kenney set out a dire picture of the economic and social impact of federal policy on Alberta Monday as he embarked on a two-day political trade mission in the capital.
Global financial watchdogs take aim at Big Tech's data dominance
Could be forced to share data on financial services customers with banks.
Bad news for Trump — 60% of Americans say the surging stock market doesn't affect them
Most Americans don’t seem to care that much about the stock market’s performance.
How to empower small businesses in Pakistan
Marketing, payments and logistics are essential for small businesses to have sustainable exports
Big investors up call for governments to take climate action
MADRID (AP) - More than 600 institutional investors managing a whopping $37 trillion in client assets called Monday for governments to step up their efforts against climate change.
EU Approves State Aid to Develop Car Batteries Industry
The European Union has approved $3.5 billion in subsidies from seven member countries that want to develop the electric battery industry and challenge China's supremacy.
Fighting corruption a government priority – Andanar
Fighting corruption remains an utmost priority of the Duterte administration to prevent an abusive culture of extortion and embezzlement as well as oppression of the people, a Palace official said Monday.
Arsenal fans react as Unai Emery linked with vacant Everton job
Everton have reportedly made an approach for Unai Emery and have held a meeting with the Spanish manager in London following his exit from Arsenal – and Gunners fans have predicted Emery to prove a good appointment at Goodison Park. Sky Sports have claimed that Everton have met with Emery and have held talks in […]Unai Emery has been reportedly approached by Everton and has held an informal meeting in London, following his sacking by Arsenal.
Saudi Aramco will exercise 15% greenshoe option in whole or part during first 30 days of trading: statement
RIYADH (Reuters) - Saudi Aramco will exercise its 15% greenshoe option in whole or part during the first 30 days of its trading period, its lead managers said.
Cisco Stock May Be a Great Value Name
Cisco stock offers many compelling features. CSCO stock is one or two pieces away from being great for growth and income investors.
Market Wrap, Dec 9: Sensex up 42 pts, Nifty at 11,937; Auto stocks gain
Sectoral indices ended the session mixed on the NSE. At close, Nifty Realty Index closed with a cut of 1.15 per cent, while Nifty Auto index closed 0.73 per cent higher
Chase Carey reveals how sponsors are close to F1
F1 CEO Chase Carey has revealed that sponsors are looking to join forces with F1 like never before as the sport becomes a more global brand. Liberty Media are rumoured to be ready to announce another major sponsor to join the core of companies already affiliated with F1.
Strong Jobs Numbers Boost Bank of America
We want to take advantage of rising long-term interest rates with a put write on Bank of America (NYSE:BAC)
Payday firms offer loans @ 500%
India Business News: NEW DELHI: They are banned in 15 states in the US, China has capped the interest they can charge and consumer groups in European countries are fightin.
EU approves state aid to develop car batteries industry
BRUSSELS (AP) - The European Union has approved 3.2 billion euros ($3.5 billion) in subsidies from seven member countries that want to develop the electric battery industry and challenge China's supremacy.
View: Saudi Aramco's $2 trillion dream isn't really about oil
Saudi officials have taken to the oil sectors investor relations style with aplomb.
Farmers blockade Tesco in ongoing row about beef prices
IFA president says supermarket’s half-price beef sale is an ‘insult to farmers’
Breaking: Over 100m Nigerians earn less than N700 per day — EFInA
A survey report by EFInA has shown that over 100 million Nigerians earn less than N700 per day which limits them to save, make income or take risks on...
Amid flurry of Saudi reforms, mocktails on order in execution square
For decades, criminals in Saudi Arabia were lined up after Friday prayers at a central Riyadh plaza and beheaded by sword in a gruesome public spectacle overseen by the religious police. Such jarring contrasts are accompanying the rapid social changes under Crown Prince Mohammed bin Salman, like lifting
Mbalula’s Prasa-administration announcement is welcomed by Scopa
Transport Minister Fikile Mbalula’s announcement that he had decided to place state-owned Passenger Rail Agency of South Africa under administration with immediate effect has been welcomed by the Standing Committee on Public Accounts.
Hayne is the green harbinger of more red tape
Corporate Australia and unelected regulators are a big problem for the Morrison government's ambitions to free the economy.
Liberals to release fiscal update before Christmas, Morneau says
Finance Minister Bill Morneau says the government will provide an update on federal finances before Christmas.
With No Revenue or Approved Treatments, Ocugen Stock Is a Clear Sell
Because if you do, you’ll probably lose all your principal and a tax deduction would then be the only benefit to owning OCGN stock.
Hero MotoCorp bikes set to get costlier by Rs 2,000 from January 1
Auto manufactures have increased prices owing to the transition cost for migrating to the BS-VI platform
MACC needs to explain officer’s placement, says Perlis MB
KANGAR, Dec 9 — The Perlis government has urged the Malaysian Anti-Corruption Commission (MACC) to come up with a detailed explanation if it wants to place a senior MACC officer in the state, said Mentri Besar Datuk Seri Azlan Man. He said he needed to look at the suitability and response given...
Controversial Company at the Centre of Sonko's Woes
As the flamboyant county head unleashed his battery of 12 lawyers, the controversial company behind his woes has been revealed as...
Edible oil gets costlier due to kharif crop damage, global price rise
Floods in key producing regions resulted in major damage to standing kharif soybean crop
Cracks on Njoro interchange worry motorists
KeNHA allays fears that cracks pose danger to motorists.
Shares, Commodity, Rupee Market LIVE Updates: Sensex up 100 points, Nifty over 11,950 led by auto, metal stocks
Share Market, Sensex, Nifty, BSE, NSE Share Price Today Live Updates: Catch all the LIVE market action here.
Central bankers pay tribute to Paul Volcker
US Fed chairman who tackled 1970s-era inflation has died aged 92
Tinkoff preps super-app
Russia's Tinkoff is beta-testing a new super-app, combining traditional banking services with lifestyle and leisure features and a marketplace for third party API-based in-app options.
Trump, Saudi Arabia stay close after Pensacola shooting
President Donald Trump appears to be maintaining his support of Saudi Arabia in the wake of a deadly shooting at a U.S. naval base allegedly perpetrated by a Saudi national -- a crime the FBI presumes is an act of terrorism.
6 reasons why Mikel Arteta is the perfect manager for Arsenal
There are a number of quality candidates in the frame to become Arsenal's next manager following Unai Emery's sacking; here's why ex-Gunners star Mikel Arteta is the best bet
Climate change policies are going to be costly, says U.N.-backed report
Tighter government climate regulations by 2025 could wipe up to $2.3 trillion off the value of companies in industries ranging from fossil fuel producers to agriculture and car makers, an investor group warned in a report. Rules aimed at lowering carbon emissions are expected to accelerate in the coming years as countries scramble to meet obligations under the 2015 Paris climate agreement limiting global warming. "As the realities of climate change catch up, social pressure mounts, and low car
PMI: Nigeria’s manufacturing sector gains momentum in November
Nigeria’s manufacturing sector has continued to gain momentum as it rallied to build on the growth recorded in the third quarter of 2019.
SunTrust, BB&T banks complete merger, creating Truist
The merger between Atlanta-based SunTrust and Winston-Salem, N.C.-based BB&T has been completed, creating the nation’s sixth-largest bank, serving about 10 million consumer households,...
Star Screen Awards 2019: Deepika Padukone Turns Heads In Brand New Avatar; Looks Wow On Red Carpet!
Take a look at the red carpet pictures from the Star Screen Awards 2019 that took place in Mumbai on December 8. Many Bollywood celebrities including Deepika Padukone, Ranveer Singh, Kartik Aaryan, Sara Ali Khan, Ananya Panday, Rekha, Kriti Sanon, Shahid Kapoor and Bhumi Pednekar made their presence felt at the do.
UDAN 4.0: Govt invites bids for airports in Andaman & Nicobar, Lakshadweep
The list of water aerodromes up for bidding in Andaman & Nicobar are Hutbay, Long Island, Neil Island and Havelock, while Minicoy and Kavaratti are in Lakshadweep
As the Founders Depart, There’s a Real Opportunity in Alphabet Stock
With the company's founders stepping back, CEO Sindar Pichai could have more freedom to unlock some of the underlying value in Alphabet stock.
Daily Insider Ratings Round Up 12/6/19
Tables of the top insider purchases and sales filed with the SEC on 12/6/19, based on dollar value.Dollar values often do not equate with significance when it comes to insider trades.Proprietary Insid
Sowore: WSCIJ suspends award for Osinbajo - The Nation Newspaper
The Wole Soyinka Centre for Investigative Journalism has suspended the presentation of award to the Nigerian Vice President, Yemi Osinbajo ..
FMBN has low capital base – MD
The FMBN does not have a strong capital base and this is affecting the availability of low-cost housing in Nigeria.
€80,000 funding approved for seven Mayo Social Enterprises
THE Minister for Rural and Community Development, has announced the allocation of €81,590 through his department’s Dormant Accounts Fund to support seven social enterprise projects in Mayo.
Investors lay siege to SEBI office, demand Karvy-like action against BMA Wealth
On Monday, SEBI’s office came under siege as a crowd of 40-50 stock market investors blocked the main entrance of the regulator’s BKC office building. The commotion led to police being called to guard
A truckload giant just filed for bankruptcy, and it leaves nearly 3,000 truck drivers jobless
The trucking “bloodbath” of 2019 is ending on a remarkably sour note.
Crypto Community Crowns Tezos (XTZ) As The New ‘Ethereum of 2017’
Ever since its launch last year, Tezos has done quite a lot to improve its feats and keeps on doing so. As the company appears to continue with
Benchmark Lowers Harvard Bioscience (NASDAQ:HBIO) to Buy
Harvard Bioscience (NASDAQ:HBIO) was downgraded by analysts at Benchmark to a “buy” rating in a research note issued to investors on Monday, The Fly reports. HBIO has been the subject of several other research reports. ValuEngine cut Harvard Bioscience from a “buy” rating to a “hold” rating in a report on Tuesday, October 22nd. Zacks […]
Intel CEO Blames Company's Obsessive Focus on Capturing 90% CPU Market Share For Missing Out on Other Opportunities
Intel chief executive Bob Swan says he's willing to let go the company's traditional dominance of the market for CPUs in order to meet the rising demand for newer, more specialized silicon chips for applications such as AI and autonomous cars. From a report: Intel's Bob Swan blames being focused on ...
IIB Board of Directors in Budapest Summed up the Results of 2019: Successful Completion of Relocation to Europe, Record Growth of Loan Portfolio and Key Performance Indicators
On December 6, 2019, IIB Board of Directors met in Budapest. The meeting summed up the results of the outgoing year, which became not only very successful but to a large degree marked a turning point in recent IIB history.
Steven Universe Future Is Challenging Steven's Savior Mentality
The first four episodes of Steven Universe Future work at deconstructing Steven's savior complex, each in its own way.
The Great Recycling Con
The greatest trick corporations ever played was making us think we could recycle their products.
Public trust in governments is at an all-time low, Australian National University finds
The most comprehensive study of Australians' political beliefs finds management of the economy and taxation are issues that benefited the Coalition at the election.
Chong: Sugar supply liberalisation will benefit consumers in the long run
KUCHING, Dec 9 — The liberalisation policy on sugar supply in Sarawak will not result in an immediate effect to the price of the commodity but will definitely benefit consumers in the long term, Domestic Trade and Consumer Affairs Deputy Minister Chong Chieng Jen said today. He said the policy,...
Asian stocks pulled higher by Wall Street jobs rally but China caution prevails
Asian stocks edged up on Monday, catching some of Wall Street's momentum after surprisingly strong U.S. jobs data although regional gains were ...
Oil prices stumble on weak China exports hangover
Oil prices fell on Monday after data showing China's overall exports of goods and services shrank for a fourth straight month, sending shivers ...
Canada: Firm housing starts data for November – RBC
Josh Nye, senior economist at the Royal Bank of Canada, notes that the Canadian housing starts were little changed at 201,000 in November with six-mon
Kazakhstan plans more than $1 billion in fresh aid to banks: Sources
Kazakhstan plans to provide more than $1 billion in aid to at least four local banks after an asset quality review revealed holes in their balance sheets that require capital injections, two sources familiar with the plans told Reuters.
Will protect Northeast, new law won't apply there: Amit Shah on Citizenship Bill in Lok Sabha
Seeing the opposition to the Bill in the Northeast region, the BJP-led government has decided to exempt parts of the area which are under the sixth schedule of the Constitution.
Kit Harington was the only ‘Game of Thrones’ star nominated for a Golden Globe, and Emilia Clarke fans are outraged
The nominees for the upcoming 2020 Golden Globe awards were announced Monday morning, and some were intrigued to see the final season of “Game of Thrones” land just one nomination. Kit Harington (who played Jon Snow) has been recognized for the best actor in a drama series category, and Emilia Clarke fans are expressing their disappointment.
What Should Investors Expect From Advanced Micro Devices Stock in 2020?
Advanced Micro Devices stock more than doubled in 2019, but will its momentum carry into 2020? Here are a few things to know about AMD stock.
Ex-Fed Chair Volcker dies, tamed inflation with recession
Paul Volcker, who as Federal Reserve chairman in the early 1980s elevated interest rates to historic highs and triggered a recession as the price of quashing double-digit inflation, has died, according to his office.He was 92.Volcker took charge of the Fed in August 1979, when the U.S. economy was in the grip of runaway inflation. Consumer prices skyrocketed 13% in 1979 and then by the same pace again in 1980.Working relentlessly to bring prices under control, Volcker raised the Fed’s benchmark interest rate from 11% to a record 20% by late 1980 to try to slow the economy’s growth and thereby shrink inflation.Those high interest rates made it so expensive for people and companies to borrow that the economy
UP cabinet okays Zurich Airport International plan to develop Jewar airport
The new airport will be designed, developed and operated under a 40-year concession period and the Swiss firm will invest more than Rs 4,500 crore in it
Free Windows 7 Extended Security Updates Can Be Enabled For Anyone With This Bypass Tool
Microsoft is charging between $25 to $200 per workstation (per year) for Windows 7 Extended Security Updates (ESUs).
Uncertainty over FIRS boss reappointment, as his tenure ends
The tenure of Babatunde Fowler as the Chairman of the FIRS ended last weekend and his special adviser has been announced as his replacement.
A bold escape from a negative rate world
The Riksbank will be the first central bank in Europe to exit negative rates, which have fostered political and social discontent without any material economic recovery.
Russia confident UK's top court to rule in its favor in Eurobond case vs Ukraine
The Russian finance ministry said on Monday it remained confident that the UK Supreme Court would rule in Moscow's favor in a Russia-Ukraine $3 billion Eurobond case, it said in a statement. The debt was borrowed six years ago by a pro-Russian president months before he was toppled in a popular
Iran says ready for more US prisoner swaps
Trump thanked Iran for what he called a 'very fair negotiation' after an American scholar was released on Saturday
Tamil Nadu Couple Gets Bouquet Of Onion As Wedding Gift, Picture Goes Viral
In a picture that has now gone viral, a married couple can be seen holding the bouquet of onions while being surrounded by their friends.
Nedbank notches up 1.7m digitally active customers
The bank witnesses a 30% growth rate across its digital banking platforms, with over one million app downloads.
Merger Arbitrage Mondays - Thoma Bravo's Acquisition Of Instructure Includes A Go-Shop Provision
Merger activity increased with five new deals announced.The acquisition of Audentes Therapeutics by Astellas Pharma.The acquisition of AK Steel Holding Corporation by Cleveland-Cliffs.
A Nobel Prize winner dispels myths about retirement, real-estate investing tips, and advice for family-estate planning
Investing Insider is your one-stop shop for high-profile investor interviews, trade recommendations, and actionable analysis.
Banks must stick to their core functions
Diversification into long-term financing, insurance, mutual funds and share broking have affected their performance
Takeover bids intensify for Just Eat food app
Prosus increases its cash offer for the food delivery firm.
BREAKING: Ondo sacks 51 workers who shunned screening exercise
Peter Dada, Akure The Ondo State Government said it has removed names of 51 workers from its payroll following the failure of the affected workers to show up for the recently conducted screening...
‘Onions cost ₹135 a kg at Heritage Foods’
Naidu has no moral right to criticise govt. on onions: YSRCP MLA
Yellow Cake Is A Lower Risk Investment In The Uranium Industry
Yellow Cake is trading at a discount to net asset value and the company has communicated it will rely on share buy-backs if the discount persists.The annual holding cost is expected to be relatively l
Yes Bank yet to approve Blackstone's buyout of Coffee Day's tech park
Shares of Coffee Day extended decline to as much as 14.5% in Mumbai, which is the biggest drop since July 31.
Call for import duty of fishing equipment to be abolished
KUALA LUMPUR, Dec 9 — A Dewan Negara member today proposed the that the import duty on fishing equipment, such as net, fishing line and engines, to be abolished to help ease the burden of traditional fishermen. Senator Datuk Razali Idris said the price of most fishing equipment has increased by...
The 2020s could be an apocalyptic decade for Wall Street as artificial intelligence takes over the most popular jobs in finance
The financial services industry is a popular place for job seekers, but artificial intelligence could wipe away a million banking jobs.
EU approves 3.2 billion euro state aid for battery research
BRUSSELS (Reuters) - The European Commission approved on Monday 3.2 billion euros ($3.53 billion) of state aid from seven European Union countries for research and innovation in battery technology.
The Fed's recent repo crisis was the fault of big banks and hedge funds, new study finds
September's repo-rate spike was driven by big banks and hedge funds, the Bank for International Settlements wrote in a report released Sunday. T...
S&P 500, Nasdaq edge higher; tariff deadline in focus
NEW YORK, Dec 9 — The S&P 500 and Nasdaq indexes edged higher today, with investors keeping a close watch on headlines around US-China trade as planned tariffs on Chinese imports kick in on December 15. Beijing and Washington are negotiating a first phase trade deal aimed at de-escalating...
Liberals to release fiscal update before Christmas, Morneau says
OTTAWA — Finance Minister Bill Morneau says the government will provide an update on federal finances before Christmas. Morneau is introducing legislation today to provide a tax break for anyone earning under $147,000 a year.
Citizenship Bill: Why Assam Can’t Afford To Throw Out Hindu Migrants From Bangladesh Even If They’re Paperless
The Bangladeshi Muslim migrants have fraudulently obtained citizenship documents; the Hindu migrants have not.
A cancer-drug developer’s stock just surged more than 100% after Merck agreed to a multi-billion-dollar takeover
Cancer-drug developer ArQule spiked as much as 102% in early Monday trading after Merck said it would acquire the firm in a $2.7 billion takeover.
Monday’s Vital Data: Bank of America, Apple and JPMorgan Chase
Options trading was buzzing in Bank of America, Apple and JPMorgan Chase stock. Here are the metrics that matter moving forward.
Bill to scrap quota for Anglo-Indians arbitrary, says Ernakulam MP
The government has brought in legislation to discontinue the reservation for Anglo-Indian community in the Lok Sabha and State Assemblies without undertaking a factual study of their current economic
‘With ₹32,000-crore, MP Lodha is India’s richest developer’
Mumbai, Delhi and Bengaluru account for three-fourths of the country’s richest players in real estate sector
Hungary’s Central Bank Issues Warning stating that Traditional Lenders Might Be Forced Out of Market Due to Competitive Fintech Firms
Some of Hungary’s financial institutions might be forced to exit the market as they may not be adequately prepared to continue to compete with challengers fro
Shareholders advised to vote against Richard Baker-led offer for HBC
An influential proxy advisory service is recommending shareholders vote against a takeover offer for Hudson's Bay Co. by a group led by the retailer's executive chairman.
Pledis Entertainment to restrict NU'EST and Seventeen fan-received gifts to handwritten letters only
Pledis Entertainment released a statement regarding the types of gifts fans give their representing groups NU'EST and Seventeen.According to the state…
In Pictures: Fishy encounter and scenic views as parties launch final voter push
The PM visited a fish market while the SNP battle bus took a trip to the Highlands.
Go-Ahead Group plc (LON:GOG) Receives Average Rating of “Hold” from Analysts
Go-Ahead Group plc (LON:GOG) has earned an average recommendation of “Hold” from the seven ratings firms that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1 […]
'Citizenship bill not even .001 per cent against minorities,' says Amit Shah
The Citizenship Bill 2019 seeks to grant Indian citizenship to non-Muslim refugees from Pak, B'desh, and Afghanistan.
‘Sesame Street’ Stars Wear Yellow Feathers As They Remember Caroll Spinney At Kennedy Center Honors Ceremony
The late Big Bird puppeteer died on the same day ‘Sesame Street’ became the first TV series ever to receive the award for lifetime achievement in the arts. Caroll Spinney was remembered ...
HSBC COO to Step Down, Amid Senior Management Changes
There’s been a number of changes to the senior management team at HSBC, which have been made as part of the next phase of the bank’s strategy.
DOJ: Gov’t ready to run water supply if water concessionaires bail
Justice Secretary Menardo Guevarra assured the public on Monday that the government is ready to take over the water supply duties for Metro Manila in the event that the two water concessionaires Manila Water Co., Inc. and Maynilad Water Services decide to halt their services.
UPDATE 1-Brazil cattle passing through feedlots grows 2% - DSM
(Adds other remarks by DSM execs, detail on 3-NOP launch)SAO PAULO, Dec 9 (Reuters) - The number of cows slaughtered in Brazil after spending 90 days in feedlots is estimated to have grown by 2% to about 5.3 million head in 2019, a survey of Brazil's cattle market by Dutch animal nutrition company DSM showed on Monday.The figure will continue to grow as Brazilian ranchers seek more efficient ways to raise and finish livestock, DSM executives said at a media presentation, adding that an estimate for 2020 will be released in February.
Lithuanian Central Bank Announces Blockchain Collector Coin
The Bank of Lithuania announced that it will release its first digital, blockchain-based collector coin in the spring of next year.
Sensex rises 42 points; bank, auto stocks shine
Among the Sensex stocks, HDFC emerged as the top gainer, rising by 2.06 per cent, followed by Axis Bank, Maruti, Reliance, Power Grid and Tata Steel. On the other hand, TCS, HCL Tech, L&T, IndusInd Bank, Tech Mahindra, SBI and ITC lost up to 2.93 per cent.
Court seeks clarification before approving €2.9m debt write-off for Frank McNamara and Theresa Lowe
Further information sought by High court judge on musician’s financial affairs
Partition on basis of religion: Amit Shah's jibe at Congress
Introducing the bill, Shah said the Congress 'divided' the country on the basis of religion that is why it was necessary to bring the bill.
I’ll bring home Grammy Award, then we’ll celebrate – Burna Boy
Nigerian singer, Burna Boy has stated that he will bring home the Grammy Awards and it will call for celebration with his fans. The international award ceremony is set to hold in January, 2020, and Burna
Tata Motors to add another 100 sales outlets for PVs
Auto major Tata Motors plans to add 100 sales outlets for passenger vehicles by the end of the current fiscal as it aims to enhance its reach in the country, a senior company official said.
Time to Remodel Your Portfolio With Home Depot Stock
Home Depot stock is finally finding some support after a sharp 10% drop. HD should begin to head higher over the coming weeks.
Pace of housing starts edges up in November on strength in B.C., Alberta
Canada Mortgage and Housing Corp. says the annual pace of housing starts edged higher last month compared with October, although there were declines in five provinces.
Huge prediction made in Championship race with Leeds United set for promotion in boost for Nottingham Forest and Bristol City
The experts have updated their opinions
EUR/USD keeps highs as Eurozone Dec Sentix Investor Confidence beats estimates with +0.7
Investor confidence in the Eurozone improved sharply in December amid looming US-China trade tensions and German recession, the latest data published
Bitcoin’s Chart Looks Eerily Similar to $3,000 Bottom; Is the Pain Over?
Is the bottom in? Since Bitcoin (BTC) fell precipitously to $6,600 late last month, analysts have been asking if the leading cryptocurrency has finally
Lok Sabha passes Arms (Amendment) Bill 2019, exempts sportspersons
Shah said that there is a provision for life imprisonment for those who snatch or loot arms and ammunition from police or defence forces.
Man dies in queue to buy onions, TDP hits out at AP govt
Doctors confirmed that he died of a heart attack.
SAIL reworks marketing strategy to draw high volume sales in November
Company clocks 36% YoY rise in volume sales to 1.40 million tonnes
Recent cut in corporate tax rate was done to boost investments: CEA
"Private investment is the driver of economic growth. Steps that we are taking, be it corporate tax rate cut, be it code on wages and industrial relations, is to try and create a more favourable environment for investment," Chief Economic Adviser KV Subramanian said at the FICCI Young Leaders Summit. He said investment is required for a sustained economic growth.
Winds Might Be Changing For Vestas
The company has grown fast in a favorable market environment, having a 5-year CAGR if 8%.Despite the record-high order backlog in Q3/2019, the company identified the impact of tariffs and increased ex
Fed to reiterate its comfort with policy as it is, with little change in the projections – ABN AMRO
Previewing this week's Federal Open Market Committee (FOMC) meeting, "the Fed is widely expected to keep policy rates on hold at the conclusion of the
UP govt clears plan to induct 700 electric buses in 14 cities across state
Singh said Rs 250 crore will be incurred in the operation of these buses of which Rs 120 crore will be realised through sale of tickets.
International Breweries opens N164b rights issue - The Nation Newspaper
International Breweries has opened application list for its N164 billion right issue, in a major recapitalisation that will see the Belgian core ...
Adityanath govt clears Rs 1,600 cr Ballia Link Expressway project
The four-lane expressway will connect UP-Bihar border district with Purvanchal Expressway; It is expected to be 35-40 km long and is likely to cost Rs 40 crore per km
2020 election crucial for US to catch up on climate action
A significant expansion of state, city, and business climate action could reduce US greenhouse gas emissions by up to 37 percent by 2030 over 2005 levels even without federal support, according to projections published Monday. The figures were compiled by America's Pledge, a group founded in 2017
LA film critics name Parasite year’s best film
The critics group convened Sunday in Los Angeles and announced their awards on Twitter, a few days after their New York counterparts chose The Irishman as their best film of 2019. The LA critics selected Martin Scorsese’s mafia epic as their runner-up.
WATCH: SA struggling to keep calm in December as load shedding takes its toll | Cape Argus
From the serious to the lighthearted, many South Africans have been sharing their often disgruntled feelings as they endure Eskom's load shedding.
The Fed's liquidity problem hasn't yet gone away — and an abrupt shock may be looming in 2020, Business Insider - Business Insider Singapore
Business Insider - Even with hundreds of billions of dollars in new liquidity created out of thin air, it's too soon for the Fed to signal a clear coast for repo markets.. Read more at businessinsider.sg
Quarter of world's arms sales from European companies: SIPRI
The UK, France, Italy, and Germany were Europe's biggest arms sellers last year but remain behind Russia and the US.
Ericsson will pay a yard to settle bribery charges
The judge could not be Swede into letting them off
Report: One-third of daycare subsidies goes to kollel families
Daycare subsidies no longer serving original purpose of encouraging women to work in addition to their husbands, report says.
Bad news for Trump — 60% of Americans say the surging stock market doesn’t affect them
Most Americans don’t seem to care that much about the stock market’s performance.
Ex-Fed Chair Volcker dies, tamed inflation with recession
Paul Volcker, who as Federal Reserve chairman in the early 1980s elevated interest rates to historic highs and triggered a recession as the price of quashing double-digit inflation, has died, according to his office. He was 92.
Sen. Rick Scott Pens Letter Warning of Chinese Influence on Campus | Breitbart
Sen. Rick Scott (R-FL) penned a letter last week to Florida's public universities to warn them of Chinese government efforts to undermine free expression on American college campuses.
Central GST falls short of budget estimate by 40pc in April-November
CGST collection during Apr-Nov stood at Rs 3.28 lakh crore against budgeted estimate of Rs 5.26 crore.
Paul Volcker, the towering former Fed chairman and economist, has died at age 92
Paul Volcker, the legendary economist who served as the 12th chairman of the US Federal Reserve, died Sunday at the age of 92.
10 things you need to know before the opening bell, Business Insider - Business Insider Singapore
Business Insider - This is what traders are talking about.. Read more at businessinsider.sg
WSCIJ postpones Osinbajo’s integrity award over Sowore
The Wole Soyinka Centre for Investigative Journalism (WSCIJ) said it has postponed the presentation of its integrity award to Nigeria vice president Yemi Osinbajo over the detention of Sahara Reporters publisher Omoyele Sowore. “The postponement was decided on, to align with protests against the repression of #FreedomOfSpeech in recent times, especially the incidence between the […]
Record number of domestic abuse incidents reported in North
Officers respond to domestic abuse incident every 17 minutes, PSNI says
Our Oceans Are Losing Oxygen At A Shocking Rate
The world’s oceans are becoming parched of oxygen at an unprecedented rate. A new IUCN report, released this weekend at the UN's Conference of the Parties
Russia, Ukraine may hold "all for all" prisoner swap late 2019 – expert
The swap may be held around Christmas.
ACWA Power establishes new business unit in KSA
Nejree, an online sneaker retailer in the GCC, has raised $4 million in pre-Series A funding led by Alkhaila Investment Company, and Teejan Technologies Company. The new capital is expected to further fuel the Saudi-based startup’s expansion into new markets and investment in technologies to enhance online customer experience. The fund will also help to increase inventory,
Equity flows see sharpest dip in 3.5 years, slip 78% in November
Flows were 78% low compared to Oct; lump sum investments hit
Preston woman hosting bumper raffle in aid of Lostock Hall hospice that cares for her dad
A Preston woman is hosting a raffle with more than £1,300 worth of prizes in aid of the Lostock Hall hospice that cares for her dad.
Elastic: Dramatically Lowered Valuation Justifies Billings Slowdown
Shares of search company Elastic have peeled back ~20% ever since reporting Q2 results.Most notably, investors hammered the company on its deceleration down to 45% y/y billings growth (on a constant c
Just Eat takeover battle hots up with fresh $6.5 billion Prosus bid
AMSTERDAM (Reuters) - Prosus (PRX.AS) raised its unsolicited cash offer for British food delivery service Just Eat (JE.L) to $6.5 billion on Monday, ratcheting up the pressure on rival bidder Takeaway (TKWY.AS) in their bitter takeover battle.
What To Remember From Ulta Beauty's Q3 Earnings
Ulta Beauty reported numbers that exceeded expectations and show that the growth deceleration is stabilizing.Ulta is outperforming its competitors significantly by improving customer satisfaction and
Probe underway into $3.3M fraud at Telenor bank
Several employees at Telenor’s Pakistan-based Microfinance Bank were accused of helping scam the operation out ...
Rocket League fans are so upset with the game’s microtransaction pricing that they’d rather have lootboxes back
Last week, Psyonix released the Blueprint update for Rocket League. It’s a notable update in that it’s the one that completely removes blind lootboxes, in favour of a much more transparent system.…
UK visitors to GCC to increase 22% by 2024, reports ATM
2.8 million UK residents will travel to the GCC in 2024, an additional 500,000 travellers when compared with 2018
Lennar (NYSE:LEN) Research Coverage Started at Goldman Sachs Group
Goldman Sachs Group initiated coverage on shares of Lennar (NYSE:LEN) in a research report released on Friday morning, 24/7 WallStreet reports. The firm issued a buy rating and a $71.00 price objective on the construction company’s stock. Several other research analysts have also issued reports on the stock. JMP Securities increased their target price on […]
Centre begins training States on piped water quality standard
Jal Shakti Ministry yet to respond on BIS draft quality control order
British model Lily Cole backs climate change hunger strikers
LONDON (Reuters) - British model and actress Lily Cole on Monday visited two elderly climate change activists from the Extinction Rebellion group who have been on hunger strike outside Prime Minister Boris Johnson’s Conservative Party headquarters for 22 days.
Analysis: FCMB is running out of time
Despite some of the transformations currently being recorded in the bank, success and consistency seem to be eluding it.
PBoC to Test Crypto Yuan with Telecom Firms, Commercial Banks
People’s Bank of China is entering another stage of its tests for a crypto payment system. This will be carried out telecom firms and banks.
Top headlines: SBI's MCLR rate cut, Lodha India's richest realtor and more
This is the eighth cut in MCLR in this financial year and follows a 5 bps reduction last month
ICICI Bank opens new center in Bahrain, offers retail, corporate banking
The bank already has a retail branch at the local Manama Centre, it said in a statement
Buhari inaugurates treasury portal, says Nigerians can now monitor govt spending
The Federal Government has launched the Open Treasury Portal, with the hope of making public the daily treasury statement on how monies that come into government coffer are being spent. This was...
China’s Central Bank to Lead Real-World Pilot of Digital Yuan: Report
A limited debut of China’s long-touted central bank digital currency is set to begin in the city of Shenzhen by the end of 2019, according to a media report.
Analysts Expect Icon Plc (NASDAQ:ICLR) Will Announce Earnings of $1.83 Per Share
Brokerages predict that Icon Plc (NASDAQ:ICLR) will report earnings of $1.83 per share for the current quarter, according to Zacks. Six analysts have made estimates for Icon’s earnings, with the highest EPS estimate coming in at $1.84 and the lowest estimate coming in at $1.81. Icon posted earnings of $1.62 per share during the same […]
Tighter climate rules seen erasing US$2.3 trln in firms’ value
Tighter government climate regulations by 2025 could wipe up to US$2.3 trillion off the value of companies in industries ranging from fossil fuel producers to agriculture and car makers, an investor group warned, Reuters reports. Any abrupt policy shifts risk severely disrupting current investment strategies, Principles of Responsible Investing (PRI), a group representing investors with…
Jaguar Land Rover sales fall despite hopes for Chinese recovery
Jaguar Land Rover sales fell last month, despite the car maker seeing “green shoots” of a recovery in the all-important struggling Chinese market.
Lebanon's exit path from economic woes
The government should aim at restoring confidence through economic sustainability and balanced growth.
Italy proposes new plan to rescue ArcelorMittal plant; 8,000 jobs at stake
Italy considers the steel mill a strategic industrial site and faces pressure from unions, which are trying to protect the 8,000 jobs at risk
Kenneth Hayne's climate rebuke 'unfair'
Australia's biggest pure-play coal miner believes the High Court judge's criticism of Australian company directors on climate risk was unfair.
Deutsche to cut €100m from domestic retail banking unit
Lender plans to scrap legal entity that runs the operation and merge it into group
Fines levied by the FCA rocket more than 500 per cent
The value of fines issued by City watchdog the Financial Conduct Authority (FCA) this year has soared to £391.8m. Research [...]
Aerospace engineer Senior mulls selling aerostructures division
Senior has admitted it is thinking about selling off its aerostructures division, in a deal that could be worth up to £450m.
10 CLSA India employees may join Jefferies: ET NOW
CLSA analysts Mahesh Nandurkar and Ashish Agrawal are among those employees who are making the switch.
Biggest mumps outbreak in a decade continues with 103 new cases last week
Worst affected part of the State is the greater Dublin area, which accounted for 1,126 cases so far this year
Daily Onion Price Tracker– December 9, 2019
Onion prices continued to rise in various parts of the country, with the minimum price of the commodity moving up to ₹45 a kilo on Monday from ₹43 on Saturday. In Rampurhat, West Bengal, prices of oni
Wealth of Canadians divided along racial lines, says report on income inequality
One interesting finding was that racialized men have a higher employment rate than non-racialized men
Andhra govt cancels Rs 3 crore work orders at CM's residence to ward off criticism
BJP leader Lanka Dinakar welcomed the cancellation of the order pertaining to the expenditure.
Good governance matters
The stakes are too high for the government to quietly settle the case, as Garuda is publicly listed. Transparency matters, for without it the government would put its reputation on the line both at home and overseas.
Paul Volcker, former Fed chairman, dies at 92
Paul Volcker, the former chairman of the Federal Reserve known for his battles against inflation in the late 1970s and early 1980s, has died. He was 92.
Wole Soyinka Centre postpones honour for Osinbajo over Sowore
Chima Azubuike, Gombe The Wole Soyinka Centre for Investigative Journalism has postponed the presentation of the award to Vice President, Yemi Osinbajo. According to a statement signed by Mot...
Using Kyoto credits to meet Paris agreement 'misses the point': Garnaut
A reliance on "carryover credits" to meet an emissions reduction pledge will ultimately cost the economy more than taking decisive climate action, Ross Garnaut says.
Swedbank revamps management after money laundering probe
STOCKHOLM (Reuters) - Swedbank (SWEDa.ST) said on Monday its chief risk officer was leaving as the Swedish bank’s new CEO revamps its structure to regain customer trust after a money laundering scandal sent its shares down 40% in the past year.
3 Top Small-Cap Stocks to Buy Right Now
One way for investors to build wealth is to find great companies with growth potential while they're still small.
South Korea: Government Mulling Taxing Cryptocurrency Capital Gains
The South Korean government is mulling imposing taxes on capital gains arising out of cryptocurrency transactions – including Bitcoin (BTC) – reports The Korea Times, December 9, 2019.
BigTech Cryptocurrencies Pose Risk to Global Financial Stability: FSB
The Financial Stability Board (FSB) says government and regulators should closely monitor the emerging trend of BigTech companies entering the crypto
Sensex rises 42 points; bank, auto stocks shine
The 30-share BSE Sensex stabilised in afternoon trade and settled with gains of 42.28 points or 0.10 per cent at 40,487.43.
The 2019 CPhI Pharma Index Report
Examining this year’s industry performance
Shiv Sena Monkey Balances On Citizenship Amendment Bill: Announces Support But Says Give No Voting Rights
A move that may embarrass the NCP-Congress-Shiv Sena alliance in Maharashtra, the Sena have decided to back the contentious Citizenship Amendment Bill (CAB), which the Congress brands as "unconstitutional".
Top stocks to watch: YES Bank, Hero MotoCorp, ICICI Bank, Tata Motors and others
Shares of YES Bank will remain in focus after report suggested that the lender will reject an investment proposal of $1.2 billion from SPGP Holdings and Canada's Erwin Singh Braich
Under $3, Plug Power Stock Is a Good Speculative Buy
Plug Power and PLUG stock lost all momentum Dec. 2 when it announced it would sell up to 40 million shares in a secondary offering.
Labour’s plans to nationalise services: Everything you need to know
The party’s manifesto said it would like to take mail, water and train operators, among other things, back under public ownership.
GE Stock is a Buy as CEO Larry Culp Addresses the Mess He Inherited
GE stock holders may have been disappointed with the decision to keep the dividend at a penny. But the new CEO is running a marathon, not a sprint.
Former Fed chair Paul Volcker dies
Central banker responsible for ending US inflationary spiral
‘Businesses in South that use old PCs face productivity loss, security breach’
Small and medium businesses (SMBs) in South India, using older PCs, are likely to experience reduced workplace productivity and security vulnerabilities, according to a Microsoft study.SMBs using comp
Government defends R&D law changes
The Coalition will have a second crack at passing R&D reforms in February, but some companies are warning the proposals are insufficient and out of date.
Sensex rises 42 points in range-bound trade; bank, auto stocks spurt
Market benchmark BSE Sensex rose over 42 points on Monday to close at 40,487.43, driven by buying in select bank and auto counters. After opening on a weak note, the 30-share BSE Sensex stabilised in
Amit Shah introduces Citizenship (Amendment) Bill 2019 in Lok Sabha amid uproar
“This bill is not even .001 per cent against minorities. It is against infiltrators,” said the Home Minister.
WTI continues to erase OPEC-inspired gains, inches closer to $58
Crude oil prices gained traction on Friday after the OPEC and its allies (OPEC+) announced decision to deepen supply curbs by 500,000 barrels per day
HSBC reshuffles top team ahead of restructuring
Interim chief Noel Quinn plans big overhaul of group to slash costs in Europe and the US
We’ll fight corruption with full powers of law – ICPC
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) said it would fight corruption according to the full dictates of the law.
Slowdown only cyclical, India's growth potential not lost: Chief Economic Advisor
Subramanian said that there was, needless to say, a slowdown in the economy but it needs to be assessed whether it was structural or cyclical in nature. Indias GDP growth in Q1 of the current financial year, fell to a 6-year low of 5%, while Q2 slowed down further to 4.5%. The Reserve Bank of India has also lowered its GDP forecast for 2019-20 from 6.1% to 5%.
A2 Milk chief executive resigns
More than a billion dollars has wiped off the value of New Zealand's biggest company this morning following the surprise resignation of A2 Milk's chief executive. In a market announcement, Jayne Hrdlicka said she had not anticipated the amount of travel involved when she took up the role 18 months ago. Jayne Hrdlicka would be replaced by the former chief executive Geoff Babidge, while the company began a global search for her replacement. The company, which is dual listed in New Zealand and Australia, opened sharply lower at the open this morning, wiping more than a billion dollars off its market value. The shares were trading about $14.30 in the first 15 minutes of trading, from $15.17 on Friday, with a market value of $10.52 billion, compared with $11.63b on Friday.
Swelling U.S. IPO backlog points to crowded 2020 field
(Reuters) - More and more companies are putting plans for U.S. initial public offerings (IPO) on ice this year because of investor pushback against their valuations, creating a backlog that could make stock market debuts more challenging in 2020.
Insider Selling: Five9 Inc (NASDAQ:FIVN) CMO Sells 3,007 Shares of Stock
Five9 Inc (NASDAQ:FIVN) CMO Ryan Kam sold 3,007 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $67.33, for a total transaction of $202,461.31. The sale was disclosed in a legal filing with the SEC, which is available through the SEC […]
Brent may stay range-bound in Q1; risks loom in 2020
Last week’s OPEC+ decision to cut output by a further 500,000 barrels a day during the first quarter of 2020 – in addition to the existing cut of 1.2 million barrels a day – has not had the big bang i
The Saudi Aramco IPO Overvaluation Is Overblown
The Saudi Aramco IPO will surpass Alibaba's as the biggest in history.Analysts had made valuation estimates for the company that ranged from $1.1 trillion to $2.5 trillion.The company settled on a val
Liberals move on tax cut for the middle-class in the Commons
Finance Minister Bill Morneau has tabled a motion in the House of Commons to move on the Liberal's promised tax cut for the middle class.
Baguio cools down to 11.8 degrees Celsius
Baguio City’s temperature dropped to its lowest this month at 11.8 degrees Celsius Monday morning.
Prosus increases its offer for Just Eat, with a new twist
The latest offer makes more sense and increases the chance of success.
Crypto Price Action Sports Uncanny Resemblance to Bitcoin Bear Market Bottom
After an early 2019 parabolic rally, Bitcoin has spent the last few months locked within a vicious downtrend that’s seen nearly 50% of the crypto asset’s
Kingdom calls on Japan to increase number of direct flights to Siem Reap, Phnom Penh
Cambodia is requesting Japan to increase the number of direct flights from Japanese cities and provinces to Phnom Penh and Siem Reap, so as to contribute to increasing cooperation and tourist numbers between the two countries.
INL urges govt. not to implement NRC in State
Party to take out a march to Raj Bhavan
Mindexcoin Price Tops $0.0010 on Major Exchanges (MIC)
Mindexcoin (CURRENCY:MIC) traded 0.3% lower against the dollar during the 1 day period ending at 11:00 AM ET on December 9th. One Mindexcoin token can now be bought for about $0.0010 or 0.00000013 BTC on cryptocurrency exchanges including EtherDelta (ForkDelta), Token Store, LATOKEN and Mercatox. Mindexcoin has a market capitalization of $674,350.00 and approximately $7,246.00 […]
Obaseki reiterates resolve to curb corruption, sustain transparency, probity in govt
The Edo State Governor, Mr. Godwin Obaseki has reiterated his resolve to curb corruption in government by deploying technology...
Liberals move to start phasing in promised tax cuts in January 2020
The Liberal government says Canadians would begin to see the impact of a proposed tax cut on their first pay stubs of the new year - as long as the party can get enough political rivals to help them deliver on one of their major campaign promises.
Aspire Mining signs MoU on Ovoot coking coal project in Mongolia
Aspire Mining has signed a memorandum of understanding (MoU) with Sinosteel MECC to develop Mongolia’s Ovoot coking coal project.
Saudi Arabia favours stronger ties with India
‘Energy cooperation key to the strategic partnership between the two countries’
France's EDF to accelerate growth in renewable projects
PARIS (Reuters) - State-controlled utility EDF is targeting around 30% of the French solar power market by 2035 and aims to develop around 1 gigawatt (GW) of solar capacity per year from next year, the head of the company’s renewables business said on Monday.
Once propped up by Qatari high-rollers, Saudi city prays for truce
Jackhammers and cranes gather dust at half-built Qatari-funded hotel sites in a Saudi city hit hard by an abrupt diplomatic rupture, but signs of thawing cross-border ties are reviving economic hopes.
MPs in RS demand hike in tea workers' wages, universal maternity benefits
Demanding the government protect goldsmiths, BJP leader Kailash Soni said traders of gold and silver are in distress due to "police harassment".
VA Tech Wabag, Ion Exchange rally over 15% after NGT grim report on water pollution
Va Tech Wabag is a multinational player in the water treatment industry.
Sandler O’Neill Downgrades FB Financial (NYSE:FBK) to Hold
FB Financial (NYSE:FBK) was downgraded by investment analysts at Sandler O’Neill from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, The Fly reports. Several other analysts also recently weighed in on FBK. Zacks Investment Research raised shares of FB Financial from a “sell” rating to […]
Tougher financial accountability rules come into force in UK
Asset managers, independent financial advisers and hedge fund managers are lable for bans or nines
Irish pig prices remain stagnant at below €2/kg mark
It has been outlined that there has been no rise given in quotes from Irish pig factories for a fourth week in succession.
Tea Board considering new export cess to fund promotion and marketing
While the rate of the cess is yet to be finalised, sources say it could be around Rs 2 per kg of export
Leading Saudi banks to maintain strong profitability – Moody’s
Riyadh – Mubasher: The three largest banks in Saudi Arabia, namely: National Commercial Bank (NCB), Al Rajhi Bank, and Saudi British Bank (SABB), are expected to maintain strong profitability and efficient cost structures, according to a report by …
India orders over 36,000 metric tonnes of onions; imports at 5-year high
State-run trading firm MMTC has already floated a tender for buying 21,090 metric tonnes (MT) of onions from Turkey and Egypt and the shipments are expected to arrive mid-January
‘Make public draft law on Sabarimala’
All India Sabarimala Action Council threatens to approach Centre
30 ace bloggers to promote Kerala
Maiden Domestic Kerala Blog Express in March 2020
Revolt RV400 deliveries begin in Pune
Bookings for the RV400 began in June and the bikes will be delivered as per the booking sequence. Head here for the full story.
Wealth of Canadians divided along racial lines, says report on income inequality
One interesting finding was that racialized men have a higher employment rate than non-racialized men
Naspers spin-off Prosus ups Just Eat offer to £5.1-billion
Naspers spin-off Prosus has raised its bid for UK food delivery firm Just Eat as it tries to win over investors and beat out an offer from rival Takeaway.com.
Opel CEO says brand has ‘reinvented’ itself and returned to profit...
Opel’s CEO says the German firm has “reinvented” itself under the PSA Group and is on track to achieve its target profit margin years ahead of schedule.
Kannababu blames Naidu for denial of SCS
‘Telangana agrees to implement majority of panel recommendations on assets distribution’
AVALO-Energy: Friendly Use Of Renewable Energy And Blockchain Technology
Talks of climate and environmental change have been escalating throughout the past couple of years. Countries all around the world are taking measures to
Varonis Systems Inc (NASDAQ:VRNS) Given Average Recommendation of “Buy” by Brokerages
Varonis Systems Inc (NASDAQ:VRNS) has been given a consensus recommendation of “Buy” by the seventeen ratings firms that are currently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average twelve-month target price among analysts that […]
First batch of NFCP deployment will be awarded in January 2020
The Malaysian Communications and Multimedia Commission (MCMC) has announced that the NFCP 1 will be awarded to successful licensees that have been selected through a tender process in early January 2020. The NFCP 1 will cover a total of 153 locations which consists of 94 mukim in 8 states such as Johor, Kedah, Kelantan, Negeri Sembilan, Pahang, Perak, Terengganu and Sabah.
Comstock Metals (CVE:CSL) Sets New 12-Month Low at $0.02
Shares of Comstock Metals Ltd (CVE:CSL) hit a new 52-week low on Monday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 100000 shares traded. The stock had previously closed at C$0.02. The firm has a market cap of $1.39 million and a P/E ratio of -0.30. […]
SPDR MFS Systematic Core Equity ETF (NYSEARCA:SYE) Stock Price Up 0%
SPDR MFS Systematic Core Equity ETF (NYSEARCA:SYE) shares rose 0% on Monday . The stock traded as high as $88.11 and last traded at $88.11, approximately 16 shares traded hands during trading. A decline of 100% from the average daily volume of 4,722 shares. The stock had previously closed at $88.09. The firm’s 50 day […]
INS: 1pct growth in average gross nominal earnings in October
The average gross nominal earnings increased in October compared to September by 1 per cent, up to 5,090 lei, while the average net nominal...
Age of the rental: SOC as a service, IaaS, DaaS, HaaS
Challenging economic forecasts and complex local and global political outlooks has companies focused on sustainability, says Patrick Reeves, managing executive at Axiz.
Austria: Government declines to implement glyphosate ban for 2020
Austria's government said Monday it would not implement a ban on the controversial herbicide glyphosate, despite MPs having voted for it to come into effect on January 1. In a letter to the speaker of parliament, Chancellor Brigitte Bierlein said the European Commission had not been given the necessary notification about the measure and it therefore could not enter into force.
Amid flurry of Saudi reforms, mocktails on order in execution square
RIYADH (Reuters) - For decades, criminals in Saudi Arabia were lined up after Friday prayers at a central Riyadh plaza and beheaded by sword in a gruesome public spectacle overseen by the religious police.
Grave danger
SAYING that inexperienced motorcycle taxis with no track record will put commuters’ lives in danger, the Lawyers for Commuter Safety and Protection (LCSP) filed a petition for injunction with application for a temporary restraining order against five motorcycle taxi companies hoping to penetrate the market.
The Phantom Metric: What Really Drives U.S. Equity Valuations?
Investors continue to question whether US equity valuations are too high, particularly for growth companies and versus other global markets.The risk premium is a good gauge of market sentiment.Valuati
APICORP outlines key recommendations for sustainable growth in Mena
Access to private sector financing and increased energy efficiency amongst key recommendations for sustainable growth of MENA energy sector
Tennant (NYSE:TNC) SVP Sells $40,004.36 in Stock
Tennant (NYSE:TNC) SVP David W. Huml sold 506 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $79.06, for a total value of $40,004.36. Following the completion of the transaction, the senior vice president now directly owns 12,879 shares in the […]
After nod to Recycling of Ships Bill, India eyeing 60% global share: Govt
Terming the passing of the Bill as a giant step and a historical moment in the Indian maritime arena, Mandaviya said it will have far reaching effects on the ship recycling industry.
Mainstream taps Rothschild for equity partner search
Eddie O’Connor owns 55% of company
HC asks RBI to reply to Kochhar’s plea
Court hearing arguments on termination of services of ex-ICICI Bank MD & CEO
OSSTET 2020: Check how to apply, passing marks, exam pattern
OSSTET 2020: According to the notification released on the website, the last date to fill the application form and submit fee is December 16, 2019.
South Korea: Gov’t Seeks to Tax Crypto Transactions as Capital Gains
South Korea's government plans to tax capital gains returns on cryptocurrency transactions.
Petrol price hits Rs 75 per litre mark, diesel crosses Rs 66
The increase pushed price of petrol to Rs 75 per litre in the national capital and that of diesel to Rs 66.04 per litre.
Starling Bank Adds First Legal Services Partner to Business Marketplace
UK-based digital banking platform Starling Bank announced on Monday it has added its first legal services partner, Sparqa Legal, to its business marketplace. Ac
7 Low-Risk Mutual Funds to Buy Now
An array of low-risk mutual funds spanning multiple asset classes are currently available to investors. Here are seven worth a look.
Where households can save their money
Recent trends show a decent return in low-risk instruments. However, inflation has diminished the actual income on savings
Medupi is a fitting symbol of the importance of our SOEs – Ramaphosa
The problems with the construction of Medupi and Kusile power stations account for much of the financial crisis at Eskom, says President Cyril Ramaphosa, but they are a fitting symbol of the importance of the country’s state-owned enterprises.
Nakuru MCAs pass bill to promote tourism
The Bill which has been forwarded to Governor Lee Kinyanjui for assent.
Treating sickle cell disease with hydroxyurea therapy - a game changer
news, story, article
Sanofi to acquire US biotech firm Sythorx $2.5bn
Mubasher: Sanofi on Monday said it will take over US biotechnology company Synthorx in a cash deal that valued the latter at $2.5 billion.
Gauteng's multibillion-rand strategy to end hunger in the province | The Star
MEC Panyaza Lesufi says the strategy will provide solid services that will move them from dependency to independence.
SIPRI: Global arms industry sales up 4.6% worldwide, U.S. companies dominate Top 5
For the first time since 2002, the top five spots in the ranking are held exclusively by U.S.-based arms dealers.
All eyes on Lagarde’s ECB debut this week
Christine Lagarde delivers her first monetary policy announcements as ECB president on Thursday, with observers set to scrutinize every word for hints of the bank's future direction at a time of stuttering eurozone growth.
'EV charging biz to grow at 50 by 2022 in India'
Power and energy management firm Delta Electronics expects its electric vehicle charging business in India to grow around 50 per cent per annum in the next three years with more car makers bringing their EVs into the country, according to a senior company official. The company, which has
Govts agree on national API standards
To keep IT systems interoperable.
Hero MotoCorp to hike prices by up to ₹2,000 from January
Two-wheeler market leader Hero MotoCorp on Monday said that it will increase prices of its motorcycles and scooters by up to ₹2,000 from January.The price hike will be across range of two-wheelers and
Xiaomi Is The World's Fourth Largest Smartphone Maker
According to the official introduction, Xiasomi has become the world's foruth largest smartphone maker after Samsung, Apple, and Huawei.
Catching Up: NatWest Adds More Features to Banking App
The race to compete with emerging Fintechs is compelling most all banks to up their game. This is good for the consumer. Better service and lower costs (hopeful
Margrethe Vestager says EU will review competition rules in light of increasing digitalisation
The EU will review its rules on how it defines markets to react to increasing digitalisation, EU competition chief Margrethe [...]
Turkish football fans sign contract to quit smoking en masse
A football fan group in Turkey hopes to lead the way in an inspiring anti-tobacco drive which they recently inked into reality with a mass contract to quit...
Starling adds legal services to its digital offering
Starling Bank has announced a partnership with legal services provider Sparqa, the latest addition to the challenger's in-app Marketplace.
SIPCHEM plans 10% share purchase as treasury shares
Riyadh – Mubasher: The board of Sahara International Petrochemical Company (SIPCHEM) has recommended purchasing up to 10% of the company’s ordinary shares. The purchased shares will be held by SIPCHEM as treasury shares through cash balances or …
Goyal says tit for tat to countries discriminating with Indian cos
"Free and equal access" is the policy adopted by this government two years ago, he said at an event organised by EXIM Bank here
Global stocks whacked as China export decline highlights trade war damage
LONDON, Dec 9 — Global equity markets were in a sombre mood today after Chinese export data highlighted the economic damage from the 17-month long trade war and re-focused attention on a crucial December 15 tariff deadline. The only big winner of the day was the British pound which surged to...
City regulator toughens up financial accountability rules after scandals
Tougher accountability rules have today been extended to cover around 47,000 firms as the financial watchdog seeks to clean up the City’s reputation.
Buy Ollie's Ahead Of The Q3 Report
Ollie's is due to report Q3 earnings next week.With shares languishing, I think they represent compelling value.The key risk for Q3 is margin performance, but I see a lot of bad news priced in already
Protecting Uganda’s Future – Its Children
Today is Human Rights Day and the final day of the 16 Days of Activism Against Gender-Based Violence. It’s a day to remind us that everyone must play a vital role in championing human rights and protecting those in need. Children are the most vulnerable among us, completely dependent on others for their needs and protection. This makes children the most likely to suffer violence and human rights abuses, often at the hands of those on whom they depend on the most. Uganda has an appallingly high incidence rate of violence against children. The Uganda Violence Against Children Survey (UVAC 2015) found that 75 per cent of Ugandan children experience some form of violence during childhood. Research shows that the bulk of this violence is occurring in places that should be safe and committed by people like parents/relatives, teachers, friends, and trusted community leaders who those children should be able to trust most.
These are the sad reasons Nigerian airlines struggle and fail
The CEO of AMCON, Mr Ahmed Kuru, has listed out the factors responsible for the failure of airlines in Africa’s largest economy.
5 Reasons to Buy Aphria Stock Before Pot Stocks Start Moving Again
Aphria stock has taken a beating in recent months, but there are at least five reasons why Aphria shares could be headed higher soon.
Bristol-Myers Squibb Co (NYSE:BMY) Given Consensus Recommendation of “Buy” by Brokerages
Bristol-Myers Squibb Co (NYSE:BMY) has been given a consensus recommendation of “Buy” by the nineteen research firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and eleven have given a buy recommendation to the company. The average 12-month target price […]
OKEx to Launch Crypto Options Trading Later This Month
Crypto exchange OKEx on Monday announced its plan to launch a crypto options trading platform.
Minister Senzo Mchunu announces massive cuts to ministers' perks, expenditure | IOL News
Public service and administration minister Senzo Mchunu announced wide amendments to the ministerial handbook.
Govt mulls allowing employees to reduce PF contribution
The proposal will face stiff opposition from trade unions, which had earlier expressed strong reservations about the move saying this would defeat the purpose of the social security scheme run by the Employees Provident Fund Organisation (EPFO).
Falling Rail Traffic Makes Union Pacific A Sell
UNP warned Q4 rail traffic could fall by double digits. Revenue could decline slightly less.UNP expects its 2020 operating ratio to remain below 60%, which is stellar.Cost cutting may not fully protec
Parliament approves ship recycling bill passed in RS today
Parliament on Monday approved a legislation to regulate recycling of ships with a view to make India an attractive ship breaking destination to create employment while at the same time ensuring it does not become a dumping ground of the world. The Recycling of Ships Bill, 2019 was passed in Rajya Sabha by a voice vote
Toy Industry 2019: Hot Toys and Competition
The calendar gives 2019 a shorter holiday season than usual, but the hottest toys are still flying off the shelves.
'Did they not watch Arsenal?' - Fans can't believe Everton have 'made contact' with Unai Emery
Reports state that Everton have made contact with former Arsenal manager Unai Emery about potentially taking over at Goodison Park, and fans of both sides cannot believe it
‘IDB membership can help project exporters penetrate LAC market’
The Export Import Bank of India (Exim Bank) has urged the the government to consider taking membership in Inter-American Development Bank (IDB). This could provide opportunities for Indian project exp
10 things you need to know before the opening bell
Here is what you need to know.
Queensland 2032 Olympic Games would be ‘a different beast’
Australian Olympic Committee president John Coates says an Olympic Games in Queensland in 2032 would offer a community benefit, but not necessarily come at a huge cost.
'Buyer's Price' program to continue until June 2020
Programming offering subsidized homes for first-time buyers will continue through first half of 2020, Finance Ministry says.
CBRE marketing UPMC's never-occupied Freight House Shops space as available for sublease
UPMC may not move into the Freight House Shops at Station Square after all.
Fikile Mbalula: Prasa Placed Under Administration
Transport Minister Fikile Mbalula has announced that the interim board of the Passenger Rail Agency of South Africa (Prasa) has been dissolved with immediate effect and that it has been placed under administration. Mbalula made the announcement at a press briefing on Monday morning. He said Prasa had deep-rooted problems and merely replacing an interim […]
Dollar holds ground as central bank meetings loom, pound jumps
LONDON, Dec 9 — The dollar held its ground today thanks to last week’s stronger-than-expected jobs data, although worries about US/China trade talks kept gains in check, while Britain’s pound jumped on the latest polls ahead of this week’s election. Sterling hit a fresh 2-1/2 year high...
TASI ends Monday at three-month high
Riyadh – Mubasher: The Saudi Stock Exchange (Tadawul) maintained its rising trend for the third consecutive session and ended Monday’s trading in gains, reaching its highest level since last August. The Tadawul All Share Index (TASI) added 0.26% …
Bad news for Trump — 60% of Americans say the surging stock market doesn't affect them, Business Insider - Business Insider Singapore
Business Insider - Only 40% of respondents in the Financial Times poll said that the stock market had gone up this year. The S&P 500 has soared about 26% in 2019.. Read more at businessinsider.sg
The 5 Best Industrial Stocks to Buy for 2020
Assuming the economy avoids a protracted slowdown next year, these companies' catalysts could deliver strong gains for investors.
QCB set to announce FinTech strategy
Qatar Central Bank (QCB) Governor H E Sheikh Abdulla bin Saoud Al Thani said yesterday that the central bank is working on the banking industry’s financial technology (FinTech) strategy, in cooperation with leading financial institutions and financial technology companies. The strategy, where the central bank would contribute to creating a modern regulatory environment that supports innovation and market stability, will be announced soon, he said.
10 things you need to know before the opening bell
Here is what you need to know.
Petrol price hits Rs 75 per litre-mark, diesel crosses Rs 66
India Business News: Petrol price on Monday hit Rs 75 a litre mark for the first time in more than a year & diesel price crossed Rs 66 a litre mark in the national capital
People are paying hundreds of dollars a night to go on meditation retreats where speaking is banned, and it shows just how far the ‘wellness generation’ is taking things
Modern life is stressful.
Mkango Resources (LON:MKA) Trading 1.4% Higher
Shares of Mkango Resources Ltd (LON:MKA) traded up 1.4% during trading on Monday . The company traded as high as GBX 7.30 ($0.10) and last traded at GBX 7.25 ($0.10), 332,122 shares were traded during trading. A decline of 29% from the average session volume of 467,759 shares. The stock had previously closed at GBX […]
Zen Protocol (ZP) Hits Market Capitalization of $736,884.00
Zen Protocol (CURRENCY:ZP) traded 8.6% higher against the U.S. dollar during the 1-day period ending at 8:00 AM ET on December 9th. Zen Protocol has a market capitalization of $736,884.00 and approximately $2,007.00 worth of Zen Protocol was traded on exchanges in the last day. One Zen Protocol coin can currently be bought for approximately […]
Tariff hikes can double telcos operating profit in FY21: Report
India Business News: The steep tariff hikes, effected earlier this month by the battered telcos which held prices at rock bottom levels for nearly five years, can help mor
US Agriculture Sec. Perdue: Do not believe tariffs will be implemented on December 15th
United States Agriculture Secretary Sonny Perdue crossed the wires in the last minutes saying that he does not believe the tariff hike will go into ef
Paul Volcker, Former Federal Reserve Chairman, Dies At 92
He led the country's central banking system in the late 1970s and 1980s.
China Announces A 3-Year Plan To Remove All Foreign Computer Equipments, Software And Replace With Home-Grown Products
China Announces A 3-Yr Plan To Remove All Foreign Computer Equipments, Software And Replace With Home-Grown Products
Dinero (DIN) Price Hits $0.0002 on Top Exchanges
Dinero (CURRENCY:DIN) traded up 0.5% against the U.S. dollar during the 24 hour period ending at 12:00 PM Eastern on December 9th. During the last week, Dinero has traded 4.4% higher against the U.S. dollar. One Dinero coin can currently be bought for $0.0002 or 0.00000003 BTC on popular exchanges including Graviex, Trade Satoshi, CryptoBridge […]
Tata Motors' Jaguar Land Rover retail sales fall 3% in November
Jaguar Land Rover (JLR) posted fifth straight month of double-digit sales growth of 29 per cent in China. North America sales also grew by 4.9 per cent during the month under review, achieving best ever November sales levels
Amazon is opening a new office in New York City. Here are 11 mind-blowing facts that show just how wealthy CEO Jeff Bezos really is., Business Insider - Business Insider Singapore
Business Insider - Worth an estimated $109 billion, Bezos is so rich that an average American spending $1 is comparable to the Amazon CEO spending $1.2 million.. Read more at businessinsider.sg
Keysight Reports A Strong Quarter
Keysight Technologies reported a fiscal fourth quarter that beat analyst expectations.Fiscal 2019 saw adjusted operating income more than double from 2018.The valuation is attractive as the company's
Jewellery, watch and bank card stolen in village burglary
A number of items - including a bank card, jewellery and a watch - were stolen following a burglary in a village near Sudbury.
Meralco bills go up this month
ELECTRIC consumers will pay again higher electricity bills this December as the Manila Electric Company (Meralco) will implement a power rate increase.
Viper Energy Partners LP (NASDAQ:VNOM) Receives $39.87 Average PT from Brokerages
Shares of Viper Energy Partners LP (NASDAQ:VNOM) have earned an average rating of “Buy” from the nineteen research firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, fifteen have assigned a buy recommendation and one has given a strong […]
Reps decry eight NAF crashes in four years, grill CAS
Leke Baiyewu, Abuja The House of Representatives has criticised the Nigerian Air Force for the incessant crashes recorded recently, leading to the loss of lives and aircraft. The Chief of Air...
References in Peshawar BRT, Malam Jabba land scams ready, says NAB chief
ISLAMABAD: National Accountability Bureau (NAB) Chairman Justice (retd) Javed Iqbal on Monday said that the accountability watchdog has prepared references against alleged malfeasance in Peshawar Bu
UBank adopts Basiq's AI-powered tools to help Millennials budget
Open banking will help the NAB subsidiary crunch data to help younger customers save more.
Advanced Petrochemical proposes SAR 0.65/shr dividends
Riyadh – Mubasher: The board of Advanced Petrochemical Company has recommended the distribution of cash dividends to shareholders for the fourth quarter (Q4) of 2019 at SAR 0.65 per share, equivalent to 6.5% of the share’s par value. During a …
Gold slides ₹32 on stronger rupee, global cues
Gold prices fell by ₹32 to ₹38,542 per 10 gram in the national capital on Monday due to rupee appreciation and selling in global market, according to HDFC Securities. On Saturday, the precious metal h
Mortgage switching startup Dashly names first direct founder Harris chairman
Fintech pioneer and first direct founder Mike Harris has come out of retirement to take on the role of chairman at mortgage switching tool Dashly.
Tracking deals: Fireside leads ₹20 cr round in SARVA
SARVA, a leading yoga studio chain, has raised ₹20 crore in its first institutional round led by Fireside Ventures with participation from angel investors. It will use the money to double the retail
The next booster shot to revive economy may not be far away
Going by what the indicators are showing so far, third quarter doesn't hold any hopes of revival.
Doha Declaration to promote rights of 1.5 billion people with disabilities worldwide
Qatar Foundation for Social Work (QFSW) launched the ‘Doha Declaration’ at the closing ceremony of the Doha International Conference on Disability and Development (DICDD) yesterday. The two-day conference, which has attracted over 1,500 policy-makers and practitioners, took place at the Qatar National Convention Center under the theme: “Leaving No One Behind”.
ADB, Pakistan sign $1.3 billion loan agreement
Federal Minister for Economic Affairs Hammad Azhar was present on the occasion.
Tata Motors plans to add 100 new passenger vehicle outlets by FY 20 end
Tata Motors is looking to increase its penetration in the domestic passenger vehicle segment with entry into the premium hatchback segment.
Antony Catalano, Bruce Gordon reject Seven West Media's takeover bid for Prime Media
Australian Community Media executive chairman and Prime Media shareholder Antony Catalano has confirmed he will vote against Seven West Media's proposal to sw...
Critical Comparison: Standard Chartered (OTCMKTS:SCBFF) & Hanmi Financial (OTCMKTS:HAFC)
Hanmi Financial (NASDAQ:HAFC) and Standard Chartered (OTCMKTS:SCBFF) are both finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, institutional ownership, dividends, profitability, earnings and risk. Profitability This table compares Hanmi Financial and Standard Chartered’s net margins, return on equity and return […]
Ramaphosa Pledges Tough Love for Ailing South African Firms
(Bloomberg) -- Sign up to our Next Africa newsletter and follow Bloomberg Africa on TwitterPresident Cyril Ramaphosa said he’s ready to make tough decisions about the future of South Africa’s struggling state-owned companies, after placing the national airline into bankruptcy protection last week.“Business
ASSA ABLOY AB/S (OTCMKTS:ASAZY) Receives Average Recommendation of “Hold” from Brokerages
ASSA ABLOY AB/S (OTCMKTS:ASAZY) has received an average rating of “Hold” from the seven analysts that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating on the company. The average 1 year target […]
Market Pulse on December 6th
S&P 500 3145,91 +28,48.
Adelaide weather: Christmas 2019, the Bureau of Meteorology gives us a sneak peek at what’s in store
Searching for the Adelaide Christmas weather forecast? Here’s an early look at what’s in store as the big day approaches.
Regulators ponder new rules to temper Big Tech data advantage
Global banking regulators say the arrival of Big Tech firms like Google, Amazon and Apple in financial services poses a host of stability risks that may require sweeping new laws to level the playing field with smaller tech firms and banks.
Mahfuz: 59,689 cabbies, e-hailing drivers have signed up with Socso since October
KUALA LUMPUR, Dec 9 — About 59,689 taxi and e-hailing drivers have registered under the Social Security Organisation (Socso) since October this year, said Deputy Human Resources Minister Datuk Mahfuz Omar. He said various initiatives were undertaken by the government, to attract the public...
Central GST collection falls short of budget estimate by 40% during Apr-Nov
The minister said that as many as 999 cases were registered till October in the current fiscal for GST evasion and Rs 8,134.39 crore has been recovered.
Chanda Kochhar Failed To Disclose Conflict Of Interest With Videocon, ICICI Tells Bombay HC; Court Asks RBI To File Reply
The Bombay High Court on Monday asked the Reserve Bank of India to file an affidavit-in-reply in former ICICI bank CEO and MD Chanda Kochhar's plea challenging ICICI's decision to terminate...
Asian markets subdued ahead of key US-China tariff deadline
Asian stocks edged up on Monday following surprisingly strong US jobs data, but gains were subdued amid concerns over the [...]
Deadline looms for comments on plan to expand paid street parking in Cape Town | Cape Argus
Cape Town residents have been reminded to comment on a proposal to expand the areas subjected to paid street parking.
Dravidian Activists Demand Titan’s Boycott Over Ad Glorifying Tamil-Hindu Culture, Here’s What Happened
India’s leading watch maker Titan recently launched a marketing campaign glorifying the Tamil-Hindu culture which irked various so-called Dravidian activists who as a result called for their boycott.
SailPoint: Potential Tailwind Ahead, But Expect Some Sales Execution Issues
The broader data privacy trends in particularly US and Europe will drive growth for SailPoint going into FY 2020.We see SailPoint's platform as a painkiller for enterprises to navigate the complexitie
Sensex falls 70 pts in early trade; banking stocks drag
Equity benchmark BSE Sensex on Monday fell over 70 points in early trade, dragged mainly by losses in financial and banking stocks amid persistent foreign fund outflows. The 30-share index was
Nvidia lawyer pushes court to dismiss cryptocurrency mining chip lawsuit
Graphics card manufacturer Nvidia is fighting to have a lawsuit dropped that alleges it misled investors over its failed cryptocurrency mining chip.
Hayne lambasts Coalition attitude on climate change, urges businesses to act
Kenneth Hayne has warned business leaders they are legally obliged to act on climate change and cannot hide behind the government's "short-termism".
Goldman raises oil forecast on Opec output cuts
The bank revised its Brent spot price forecast to $63 per barrel for 2020.