Economy 680
Sony is "Struggling" to Keep PS5 Production Costs Down
PS(£34)5.
Bernie Sanders on Social Security: Everything You Need to Know
Here's a look at how Democratic presidential candidate Bernie Sanders would tackle Social Security's $13.9 trillion long-term cash shortfall.
What’s It Going to Take for Zillow to Get Back to $150?
Zillow Group’s latest partnership with regional homebuilders could help Z stock and ZG stock get to $150. Here’s why.
DoT to finalise firm to develop spectrum auction software by March 6
The delay is likely to push spectrum auction to July-August this year, according to sources. mjunction and e-Procurement Technologies have experience to design module for spectrum auction.
Tesla prices its second offering of stock at US$767 apiece
Tesla priced its second offering of stock at US$767 apiece Friday.
Suspended NMC Health vice chair resigns amid legal review
NMC Health announced today that vice chair Khalifa Butti Omeir Bin Yousef has resigned with immediate effect amid a legal review.
Supreme Court orders Indian telcos to pay $13bn or face action
The court has threatened contempt proceedings against the companies and Department of Telecommunications government officials for non-compliance with that ruling.
IOB to focus on MSME, will increase lending to Rs 50,000 cr: Official
Laying more focus on MSME segment, IOB would increase its lending to the sector from the present Rs 31,000 cr to Rs 50,000 cr in a couple of years from now.
Bailed-out RBS to rebrand as NatWest
Royal Bank of Scotland is calling time on its recent checkered past, rebranding as NatWest and setting out new goals to become a 'purpose-led bank' focused on enterprise, learning and climate.
Horizon Oil hired disgraced lobbyist in PNG
The ASX-listed company at the centre of corruption allegations in Papua New Guinea hired a lobbyist who was found guilty of stealing public money.
Poland: No hurry to raise interest rates – ABN Amro
Economists at ABN Amro analyze the outlook for the Polish economy in 2020, which is expected to grow at a slower pace. EUR/PLN is dealt at 4.2426 as h
Total considers stopping fuel oil sales for power: CEO
ABERDEEN, Scotland (Reuters) - France’s Total (TOTF.PA) is considering stopping sales of fuel oil to power markets as the energy giant seeks to reduce its carbon footprint and grow its renewable power business, its chief executive told Reuters.
Gold prices climb Rs 75 to Rs 41,481 per 10 grams, silver gains Rs 147
"Spot gold of 24 karat in Delhi was trading up by Rs 75 with rupee depreciation," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.
AGR row: After SC rap, telecom dept orders operators to clear dues before midnight
Department of Telecommunications has started issuing circle or zone-wise demand notices to telecom firms, asking them to clear pending licence fees and spectrum usage charges before 11:59 pm on February 14
SilverCloud On How FIs Can Offer SMBs A ‘Consumer’ Banking Experience
SilverCloud CEO Scott Cornell tells PYMNTS how forward-thinking FIs can bring digital tools that improve consumer relationships to their corporate customers.
IBPS SO interview call letter: Steps to download
IBPS SO interview call letter: The final merit list will be prepared on the basis of the main exam as well as the interview. The main will have 80 per cent weightage and interview will have 20 per cent weightage.
PM Modi in Varanasi on Sunday; to launch over 30 projects
According to the PM's Office, PM Modi would flag off IRCTC's 'Maha Kaal Express' through a video link. The first overnight private train in the country will connect three Jyotirling pilgrim centres of Varanasi in Uttar Pradesh, and Ujjain and Omkareshwar in Madhya Pradesh. He would also dedicate to the nation the Pandit Deendayal Upadhyaya Memorial Centre.
IRB Infra Q3 PAT down 27% at Rs 160 crore
Total expenses increased to Rs 1,534.36 crore, from Rs 1,446.82 crore earlier.
RPower net profit declines 57 pc to Rs 49 crore in Dec quarter
Reliance Power (RPower) on Friday said its consolidated net profit has dipped over 57 per cent to Rs 49.39 crore in the December 2019 quarter, mainly due to lower income. The company's consolidated net profit had stood at Rs 116.44 crore in the
Investors Continue To Look Past The Coronavirus
Tokyo was a notable exception in the Asia Pacific region, as the other major equity markets, like in Hong Kong, China, Taiwan, South Korea, and Australia, advanced. The MSCI Asia Pacific Index rose fo
Copies of ‘anti-farmer’ Budget burnt in 19 Punjab districts
To facilitate MNCs and corporates, the Modi government has proposed cluster farming, one district one crop and one corporate for marketing, which will hit the farmers hard, the protesters said.
Hungary: No room to counter a deep downturn – ABN Amro
Anke Martens, a senior analyst at ABN Amro, reviews the current situation of the Hungarian economy, expecting a slowdown. EUR/HUF is trading at 335.02
Canadian home sales up 11.5% compared with 2019: CREA
The Canadian Real Estate Association says home sales rose 11.5 per cent in January compared with a year earlier to reach the highest sales figures for the month in 12 years, even as new listings remain constrained.
China's securities regulator to ease refinancing rules to help companies fight coronavirus
China Securities Regulatory Commission (CSRC) has announced that it will be easing refinancing conditions to help listed companies fight the coronavir
Nest-egg nerves: the challenge facing super funds
With consistently good returns under their belt, how well prepared are super funds for a downturn?
Bauchi govt expresses delight as EU-UNICEF handover PHC facility
Bauchi state government has expressed delight at the completion of the 40th renovated Primary Healthcare Clinic (PHC) by United Nations Chi
German economy stagnates in sign of Europe's difficulties
FRANKFURT, Germany (AP) — Growth ground to a halt at the end of the year in Germany, Europe’s largest economy, as manufacturing remained in a slump and exports fell, official figures showed Friday.The flat reading underlines the challenge facing the broader eurozone economy as it struggles against headwinds from the U.S-China trade dispute and Britain's departure from the European Union.Both the German and eurozone figures were the weakest since 2013, when the region was suffering from a debt crisis that nearly spelled the end of the euro currency.Germany's state statistics agency said Friday there was zero growth in the fourth quarter and a mediocre 0.6% increase for the whole year.
The Cesar awards: Key facts about the ‘French Oscars’
PARIS, Feb 14 — The Cesar film awards, France’s version of the Oscars, have been thrown into turmoil after the entire academy board resigned amid calls for reform and a row over the long-running Roman Polanski scandal. Here are some key facts about the annual highlight of the French movie...
Royal Bank of Scotland to be renamed after 293 years
The Government-controlled bank will become NatWest Group and agreed to a 5p-a-share special dividend after profits hit £4.2bn last year.
Mexico: Banxico changes style as cut rates – TDS
Banxico has substantially changed the style of its monetary policy decision statements. February’s rate cut has introduced somewhat more hawkish eleme
German economy stagnates as eurozone records weakest growth in seven years
Germany and the eurozone also face the possibility of disrupted trade with Britain, which left the EU on January 31
After SC's warning, govt orders telcos to clear dues by 11.59 pm tonight
After Supreme Court threatened contempt proceedings against top executives of of Bharti Airtel, Vodafone Idea and other telecom firms, the telecom department on Friday began issuing orders, asking firms to clear past dues immediately. The government has also asked telecom companies to pay their dues by 11.59 pm tonight
German economy flatlines after spending and exports slowdown
GDP growth at 0% for final quarter of 2019 with no upturn forecast in the short term
Not approached by any telco to finance AGR dues, says SBI chairman
The payments to be made by the companies include Rs 53,000 crore by Vodafone Idea, Rs 35,500 crore by Bharti Airtel and Rs 14,000 crore by the now defunct Tata Teleservices
Court remands alleged Mpape bank robbers
An FCT High Court in Wuse on Friday ordered that the five men charged in connection with the foiled Mpape bank robbery at a First Bank.
Railways modifies capex spending model, enhances focus on critical projects
The national transporter has decided to disburse budgetary grants in full to projects nearing completion and will partially fund those in the initial stages
Despite swelling revenue deficit, Tamil Nadu presents a tax-free Budget
Drop in Centre’s share causes strain
Nike Dunk "Syracuse" Returns In Low-Top Form
A nod to one of the standout styles from 1985's "Be True to Your School" pack.
Pfizer Q3 net profit climbs 5%, operational revenue up at Rs 514 cr
The company had posted a net profit of Rs 131.94 crore for the corresponding period of the previous fiscal, Pfizer Ltd said in a filing to BSE.
AMP embarks on 'whole of wealth' cross-sell
The strategy unveiled by the AMP CEO has seen Bell Potter put a Buy recommendation on the stock for the first time in four years.
US: Industrial Production declined 0.3% in January vs. -0.2% expected
Industrial Production in the US declined 0.3% in January, the data published by the Federal Reserve showed on Friday. This reading came in slightly wo
Brexit investments paying off for UK mining companies
UK mining sector earnings have increased by over £2bn since the UK voted to leave the EU in June 2016, according to analysis of the latest ONS figures.
ASOS PLC/ADR (OTCMKTS:ASOMY) Lifted to “Buy” at Berenberg Bank
Berenberg Bank upgraded shares of ASOS PLC/ADR (OTCMKTS:ASOMY) from a hold rating to a buy rating in a research report released on Monday, The Fly reports. A number of other research firms also recently issued reports on ASOMY. ValuEngine downgraded shares of ASOS PLC/ADR from a buy rating to a hold rating in a report […]
‘Grinding Into Her Buttocks’: PNC Bank to Pay Millions to Black Employee After Allegedly Failing to Protect Her from White Customer’s Harassment
PNC Bank could have to pay a pretty penny to settle a case of workplace sexual harassment after a former employee says the bank failed to shield her from
Exports contract for 6th straight month, drop 1.66 per cent in January; trade deficit widens
Shipments of petroleum products, plastic, carpet, gems and jewellery, and leather products contracted by 7.42 per cent, 10.62 per cent, 5.19 per cent, 6.89 per cent, and 7.57 4 per cent, respectively, in January. Imports also fell for the eighth consecutive months, down 0.75 per cent to USD 41.14 billion in January, widening the trade deficit to a seven-month high of USD 15.17 billion, according to the government data released on Friday.
Xiaomi Mi 10 Series Sold Out In 1 Minute: Who Did Doubt?
The Xiaomi Mi 10 is the most powerful smartphone nowadays. The manufacturer has announced it took only 1 minute to sell out the first bunch.
Teranga secures approvals to acquire stake in Massawa Gold Project
Teranga has secured approvals to proceed to conclude the previously announced acquisition of a 90% stake in the Massawa Gold Project in Senegal, Africa.
Report: Sony struggling with PS5 costs, price point uncertain
Bloomberg says the system currently costs $450 to make
Oil: St. Valentine brings affection – TDS
There are some risks to be dealing with it yet but energy markets are taking a relaxed St. Valentine’s day, according to analysts at TD Securities. Br
GTBank, Zenith, Access, First bank, UBA get some Love on Valentine’s Day
Love is in the air and Nigerian bank users have spoken. ‘Who is the love of your life? Who is your crush? Your side boo? Your worst ex? Who will you break up with?’ Here at Ciuci Consulting, our annual banking report – What Retail Banking Customers Want for 2020 has started on a ‘love note’ with the #BankLoveChallenge.
GBP/EUR Update - Cabinet Reshuffle - CityAM
Reports over the weekend of tensions rising between the UK and the EU over trade negotiations meant that the pound got off to a shaky start this week.
After SC rap, DoT orders telcos to clear dues by 11.59 pm today
The DoT, which faced the ire of the Supreme Court for putting on hold recovery of dues from telecom companies, started issuing circle or zone-wise demand notices to firms.
Belarus leader says Russia insists on merging the two states
The president of Belarus said Friday that Russia insisted on merging the two states during last week's talks on further integrating the countries' economies. As negotiations on closer ties stalled, Russia halted oil supplies to Belarus and Lukashenko repeatedly accused the Kremlin of pushing
CBDT notifies forms for firms to avail lower corporate taxes
The income tax (I-T) department has notified forms for companies to avail the reduced corporate tax rates that were announced in September last year. The Central Board of Direct Taxes (CBDT) has
Never called Arvind Kejriwal a terrorist: Prakash Javadekar
Last week in Delhi, Javadekar had targeted Kejriwal, saying that there is enough proof available to prove that AAP leader is a terrorist.
Digital Asset Exchange Liquid.com to Launch FF1 Token, a Cryptocurrency that Helps Create a Diversified and Risk-Managed Investment Portfolio
Liquid.com, a globally accessible digital asset exchange, confirmed on February 11, 2020, that Two Prime’s inaugural FF Token, the FF1, will be officially int
PBAPP warns of looming water crisis in Penang, Kedah
GEORGE TOWN: The Penang Water Supply Corporation (PBAPP) has issued a third alert of a looming water crisis in the northern states after Kedah's Muda Dam water level dropped to a critical 7.44 per cent yesterday.
Andrea Orcel suffers defeat in criminal complaint against Santander
Ex-UBS banker is pursuing a civil case against the Spanish bank for alleged breach of contract
Samsung's jailed board chairman quits
SEOUL (Reuters) - Samsung Electronics’ (005930.KS) board Chairman Lee Sang-hoon, who was convicted and jailed for sabotaging union activities, has resigned from the South Korean company, it said on Friday.
Beware oil execs in environmentalists’ clothing – BP could derail real change
If the company wants us to believe it can be part of the solution, it needs to stop drilling, says campaigner Alice Bell
DBB: Coronavirus Already Priced In
DBB has experienced a tentative rebound since the start of February, after a sharp sell-off of 6% in January.Given the slowing pace of the spread of the coronavirus, macro fears, which surged in Janua
In the Face of New, 100% Tariffs, What Spirits to Stock Up On Now
Whiskies, cognac, Campari, bottles of Champagne—America’s favorite European wine and spirits may soon be out of reach for consumers
DILG chief tells LGUs to ramp up ASF prevention efforts
Department of the Interior and Local Government (DILG) Secretary Eduardo M. Año on Friday asked all local government units (LGUs) to tighten up African swine flu (ASF) prevention efforts and similar control measures in their respective turfs.
This Bitcoin Metric Is Over 100% Higher in 2 Months, and It’s Critical for Bulls
Over the past 60 days, Bitcoin has found itself rocketing higher, rallying from a low of $6,400 to a local top of $10,500 in the span of two months.
Duterte promotes local tourism amid COVID-19 scare
President Duterte has urged Filipinos to travel with him around the Philippines amid growing concern over the threat of the coronavirus disease (COVID-19) in the country.
Exxon Mobil: A Great American Company With A 5.66% Dividend Worth Investing In
Exxon Mobil has increased its dividend for 37 consecutive years and with yields closing in on 6% it is an income lover's dream.Exxon Mobil is positioning itself for the future as its recoverable resou
Ramaphosa’s speech underscores weak SA credit outlook – Fitch
Fitch says Ramaphosa's speech left important questions unanswered.
BP Pledges to Go Carbon-Neutral—How Remains an Open Question
The oil major says it will eliminate or offset all its emissions—roughly equal to those of Australia—by 2050
Plastics tax, carbon-trading cash to cover EU’s Brexit gap, officials say
BRUSSELS, Feb 14 — Top European Union official Charles Michel proposed today filling the Brexit gap in the EU’s next long-term budget with revenue from a new tax on plastics and funds from trading carbon emissions. Presenting a so-called negotiating box, which will form the basis of intense...
EUR/USD depressed near 1.0830 ahead of EMU data
After bottoming out (and printing fresh 2020 lows) in the 1.0830/25 band, EUR/USD has managed to regain some poise, trim part of the daily losses and
Income and Growth Investors Will Benefit as CVS Adopts Managed Care
CVS stock should attract both income and growth investors as it leads the trend of managed care against competitor UnitedHealth.
Valaris February 2020 Fleet Status Report Analysis
Valaris releases its new fleet status report.There is a number of developments on the floater front, but jobs remain short-term in nature.The company also announces several rig retirements.
Adani Enterprises hits 52-week high after it signs agreement with AAI
The stock rallied for the ninth straight day, up 17 per cent, against 3 per cent rise in the S&P BSE Sensex during the period.
Cisco Remains Big Tech Laggard
Fiscal Q2 continues top/bottom line beat trend.Guidance in-line with expectations down meaningfully.Dividend raised by a penny.
MAX 737: SpiceJet considering Boeing compensation offer for grounded planes
The no-frills carrier has been impacted by the grounding of its 13 Boeing 737 MAX planes since March last year as it is incurring various costs related to the aircraft
This is how long it will take for the wind industry to add energy to the grid
SAWEA has asked for clarity on the planned sequence, to ensure that momentum is not lost.
Plans go in for new Newtown Aldi store
A new supermarket is set to be built on the site of a former car dealership.
RBI’s lending push amid inflation to crimp fixed deposit (FD) returns
Soon after the RBI monetary policy review earlier this month, banks dropped their fixed deposit rates. Mint explains the implications of the RBI action
OneUnited Bank Stresses Importance of ‘Loving Ourselves’ After Harriet Tubman Visa Draws Ridicule
OneUnited Bank chose to respond with love amid the hate and ridicule it received over its new limited-edition debit cards honoring trailblazer and
Brazil’s Largest Crypto-Friendly Bank Posts 42% Rise In Q4 2019
The largest standalone investment bank in Latin America, Banco BTG Pactual SA, recorded an impressive 42% net income growth during last year's fourth
Abu Dhabi focuses on growing Saudi Arabian market to boost visits
Abu Dhabi focuses on growing Saudi Arabian market to boost visits
‘Post Aug.5, J&K banks harassing us’
At least 21 Kashmir-based traders bodies on Friday, in full-page advertisements published in local dailies, accused the banks of harassment and persecution of the families of the borrowers in the name
Zambia banks reap record profits from government debt
Stanbic posted a profit before tax and costs of 1.72bn kwacha last year.
FIRS boss, Nami discloses why FIRS failed to meet revenue target under Fowler
The reasons why the FIRS failed to attain its tax revenue projections under former Executive Chairman, Babatunde Fowler, has been disclosed.
Indian banks' loans rise over 7% in two weeks to Jan 31: RBI
Outstanding loans rose ₹98926 crore ($13.86 billion) to ₹101.03 trillion in the fortnight to Jan. 31.Non-food credit rose ₹1.02 trillion to ₹100.24 trillion, while food credit fell ₹3,202 crore to ₹78,899 crore
CBOT Trends - Wheat up 3-5 cents, corn mixed, soy steady-down 2 cents
CHICAGO, Feb 14 (Reuters) - Following are U.S. trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CST (1430 GMT) on Friday.WHEAT - Up 3 cents to 5 cents per bushel* Some end-of-week bargain buying expected to boost wheat market. Most-active CBOT wheat contract has fallen in three of the four previous trading sessions and is on track for a weekly loss of 1.9%.
No talks on opening up poultry and dairy markets to US companies: Govt
International media reports on Thursday suggested that India had finally allowed market access to chicken legs from the US
Coronavirus And Credit - A Perfect Storm
This article posits that the spread of the coronavirus coincides with the downturn in the global credit cycle, with potentially catastrophic results.The credit crisis was already likely to be severe,
Belarus Threatens To Tap Oil From Russian Pipeline
President Alyaksandr Lukashenka has said Belarus would start taking oil from a transit pipeline if Russia does not supply its neighbor with the required volumes of crude, the state news agency BelTA reports.
U.S. January industrial output falls on weather, Boeing drop
WASHINGTON (Reuters) - U.S. industrial production fell 0.3% in January as unseasonably warm weather held down the output of utilities and Boeing Co (BA.N) cut production of civilian aircraft, the Federal Reserve said on Friday.
3 Stocks That Will Only Break Your Heart
A display chip designer, electric-car maker, and space travel upstart are hot names this year, but they could cool down at this point.
The digital customer experience in banking: 2020 outlook
For the first time, trust has been usurped by customer experience as the chief factor considered by customers when choosing their bank.
Another rate cut early March, stimulus package end-February?
KUALA LUMPUR: The expectation of a monetary policy adjustment, on top of a fiscal stimulus package, to boost Malaysia’s economy soon is getting higher.
CGS-CIMB launches online trading platform for retail investors
With the launch of an online trading platform, PT CGS-CIMB Sekuritas Indonesia hopes to get more individuals to invest in Indonesia's stock market.
Pound-Australian Dollar Exchange Rate Forecast to Remain Supported
The British Pound has advanced 0.60% against the Australian Dollar over the course of the past week in line with the broader push higher by Sterling, that leaves it the top performing major currency for the week ending February 14
Jitters infect trading, Fed withdraws
A large increase in reported coronavirus infected patients saw European and US investors step away from shares in overnight trading. Initial jitters were eased by a WHO official’s statement that the increase was simply a full accounting of cases so far. US indices recovered and made gains, until the US Federal Reserve announced it was tapering its repurchase agreement program, effectively withdrawing liquidity.
Treasury Market Flashes New Warning As Real Yields Go Negative
Real yields for key maturities in inflation-indexed government bonds (TIPS) have slipped into negative terrain lately.It comes as no surprise to learn that the 10-year TIPS rate is plumbing depths bel
Coronavirus could mean $5 billion in airline losses: UN agency
"Prior to the outbreak, airlines had planned to increase capacity by nine percent on international routes to/from China for the first quarter of 2020 compared to 2019," ICAO said in a statement.
AUD/USD pares early gains, turns flat above 0.67 as focus shifts to US data
The AUD/USD pair closed the first three days of the week in the positive territory but turned south on Thursday amid resurfacing worries over the coro
Biggest Family Offices Get Direct Access to Trading Desks
Family offices with assets of at least $1 billion are increasingly bypassing private bankers to deal directly with investment bank trading desks, a Citigroup Inc. executive said.
USD/TRY: CBRT rate cut will not impact the lira – TDS
The Central Bank of the Republic of Turkey (CBRT) will announce on Wednesday, 19 February its policy rate. A rate cut is expected for economists at TD
Kraft Heinz’s Junk Downgrade Rekindles Bond Market Jitters
Kraft Heinz Co., the iconic food giant created in a merger five years ago, was downgraded to junk by two credit raters, raising fresh worries among investors that a slowing economy could threaten the broader corporate bond market.
Friday’s small-cap stocks to watch
Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today
Tesla raises $2 billion in secondary stock offering priced at $767 a share — 5% below where it's trading now
Tesla will sell 2.65 million shares of common stock for a price tag of $US767 a share, the company announced Friday. That’s a 4.6% discount on Thursday’s closing price.
RCom Q3 consolidated loss widens to Rs 10,598 cr, income slips to Rs 263 cr
The company had posted a loss of Rs 238 crore in the same period a year ago
Forget saving money! I’d invest using these 3 Warren Buffett tips
I think adopting a value investing strategy such as that used by Warren Buffett could be a better idea than having cash savings.
UP govt to promote e-vehicles, targets 10,700 mw of solar energy
The energy minister said the state was targetting solar energy generation of 10,700 megawatt (mw) by 2022 in the private sector to conserve environment and curb pollution
Momo: Cheap By Any Metric
MOMO is a fast growth, Chinese tech company with a gigantic addressable market that is priced like a value stock.MOMO is cheap compared to other dating app/site companies and other Chinese social medi
Sensex, Nifty fall for 2nd day as banking, auto stocks slide
Banking shares tumbled following the Supreme Court taking a strong note of non-compliance of its order asking telcos to pay ₹1.47 lakh crore in statutory dues.
AGR dues: Risk of duopoly in telecom higher than before, says analyst
Most of the remaining liability is with state-owned BSNL/MTNL and some of the shut/bankrupt telecom companies
Analyzing Piper Sandler Companies (PIPR) & Its Competitors
Piper Sandler Companies (NYSE: PIPR) is one of 36 publicly-traded companies in the “Security brokers & dealers” industry, but how does it contrast to its competitors? We will compare Piper Sandler Companies to similar companies based on the strength of its dividends, institutional ownership, analyst recommendations, profitability, earnings, valuation and risk. Profitability This table compares […]
CBDT notifies 10-IC, 10-ID forms for firms to avail lower corporate taxes
Form 10-IC will have to be filed by the companies that wish to avail the beneficial rate of 22 per cent upon relinquishment of the exemptions/incentives offered under the Income Tax Act.
Zimbabwe battles to clear huge passport backlog
Country seeks to clear more than 400,000 passports dating as far back as 2018.
Tax Appeals Commission dismisses bank’s attempt to write off Revenue bill
Unidentified bank facing assessment of €1.4 million
Chips are down as Toshiba logs ¥145.63 billion loss for April-December
Toshiba Corp. said Friday it posted a group net loss of ¥145.63 billion ($1.32 billion) in the April-December period due to the sluggish performance of its
If You Like Fuel Cell Energy, Bloom Energy Might Be The Safer Bet
While FCEL stock is an interesting play, FuelCell Energy reported disappointing Q4 2019 results, making Bloom Energy the safer play.
SC rejects plea by telecom operators seeking more time to settle AGR dues
The Supreme Court on Friday rejected a plea by incumbent telecom operators seeking more time to settle Adjusted Gross Revenue (AGR) dues and has asked the companies to deposit dues by March 17. It wil
Amazon, Flipkart seek rollback of new Indian tax on online sellers
NEW DELHI (Reuters) - Amazon and Walmart’s Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of compliance will hurt the fledgling industry, according to documents seen by Reuters.
Australian government is burning our children's future
Growing up in a small town in Tasmania, Australia, not far from the coast, every summer we would spend seemingly endless carefree days at the beach - swimming, sunbathing and eating freshly-caught fish. I was there again last year with my family, during the Christmas break, but this time rather than enjoying the beach we spent the holiday glued to the television screen, watching as small bushfires across the country rapidly grew into huge uncontrollable conflagrations, burning everything right down to the shoreline.
UK ministers back post-Brexit points-based immigration system
‘Simpler’ and ‘fairer’ visa regime will apply from January 2021.
AGR-hit Vodafone Idea postpones Q3 analyst call
The filing, in late evening on Thursday, said the new date of the call will be intimated separately but did not give any reason for the postponement.
Could Beyond Meat Stock Beef Up Your Portfolio?
As Beyond Meat stock is already up significantly in 2020, it may be time to take some money off the table.
Telus says it will use Huawei gear for its ‘initial’ 5G rollout
Telus’s CFO Doug French has said the carrier will begin rolling out its 5G network shortly, and it will use Huawei for its first phase and initial launch.
US Dollar Index challenges daily lows near 99.00, U-Mich in sight
The US Dollar Index (DXY), which tracks the buck vs a bundle of its main competitors, remains on the defensive at the end of the week and is now flirt
Bharti to make ₹10,000 cr. part payment in AGR dues by Feb. 20
Promises to clear remaining dues ‘well before’ March 17, the date of next hearing
The Peak Season For Cotton Prices Is Approaching
Cotton has moved lower from the mid-January high.A very volatile soft commodity - higher lows since 2000.China has weighed on the price of the fiber.Seasonality favors buying on dips over the coming w
I-T Dept notifies forms for companies to avail lower corporate taxes
CBDT has notified Forms 10-IC and 10-ID for existing companies that want to avail lower I-T rate and new manufacturing firms, respectively
Renault cuts dividend, slices profit goal for 2020
French carmaker Renault warned that auto demand remained volatile, cut its dividend for 2019 and set a lower operating margin goal for 2020, a ...
AGR-hit Vodafone Idea postpones Q3 conference call with analysts
The Supreme Court on Friday directed the top echelons of telecom firms to explain why contempt action should not be taken against them for non-compliance of its AGR order
Amazon Stock Is a Buy if Not for the Coronavirus
But it’s the coronavirus, not the tremendous spike in market value, that investors should be worried about in the nearer term.
R&L upgrades PH credit rating
In a report to the Department of Foreign Affairs (DFA), the Embassy said the upgrade was made in view of the steady progress of the government’s reforms to modernize the tax system, the prioritization of the socio-economic agenda, the launch of the Bangsamoro Transition Authority (BTA), and the Build, Build, Build program.
Avengers pre-orders, Deluxe Edition, PS4 bonuses detailed
Square Enix, Crystal Dynamics and PlayStation have today detailed the pre-order bonuses, PS4 bonuses and Deluxe Edition of Avengers.
Bahamian Central Bank to Roll Out Digital Currency in H2 2020
The Bahamas’ Central Bank governor yesterday confirmed that a digital currency will be rolled out by the second half of 2020.
Save up to 75% in the Humble Store's VR Sale
Doom, Fallout, Batman and more!
Boeing to extend labor contract with engineer's union by four years
U.S. planemaker Boeing Co said it has agreed to a tentative deal with its engineers' union to extend its labor contract by another four years.
ESG ETFs Help Investors Avoid Exposure To Some Headline Risks
ETFs that incorporate environmental, social and governance (ESG) principles provide investors with a diversified core portfolio position that is capable of avoiding some risk-off events due to the und
Royal Bank of Scotland to be renamed after 293 years
The Government-controlled bank will become NatWest Group and agreed to a 5p-a-share special dividend after profits hit £4.2bn last year.
3 Small-Cap Stocks With Big-Cap Potential
You may wish you had bought Axos Financial, Telaria, and Yext now if they hit their upside potential later.
Russian oil firms favor extending than deepening output cuts - S&P Global Platts
Citing the Chiefs of Russia’s oil giants, S&P Global Platts reports that a majority of the Russian oil companies back the case for oil output cut exte
Carney says business must come clean quickly on climate
LONDON, Feb 14 — Bank of England Governor Mark Carney called on the world’s businesses to publish strategies for cutting carbon emissions and adopting cleaner power sources by November, when world leaders meet in Scotland for UN-led climate talks. “It’s not just green assets and divestment...
The 5 Players With Absa Premiership Awards So Far
After Gabadinho Mhango scooped the monthly award for the first time this season, Soccer Laduma takes a look at the rest of the award recipients so far.
It’s Time to Plug into PLUG Stock
Another deal and a technical big deal on the price chart puts PLUG stock into buying position for continued momentum.
USD/CAD drops below 1.3250 as WTI rebounds above $52
The USD/CAD pair continues to react to crude oil's performance in the absence of significant macroeconomic data releases on Friday. As of writing, the
The PlayStation 5 could cost as much as $470 as Sony reportedly struggles to keep the cost of parts down
Sony is struggling with growing manufacturing costs driving up the cost of its next-generation console the PlayStation 5,Bloomberg reports.
J. C. Penney Needs To Do Significantly Better Than Department Store Peers
J. C. Penney's Analyst Day is scheduled for April 7 and it is expected to provide a three-year financial outlook then.This outlook is constrained by the need to reach certain targets by 2022 in order
MTNL Q3 loss widens to Rs 1065 crore, revenue dips 14% to Rs 624 crore
Employees cost of MTNL during the reported period stood at Rs 755.48 crore
Indonesia: BI to stay on hold – Standard Chartered
Indonesia will release trade data on 17 February and the Bank of Indonesia (BI) will hold its monthly meeting on 19-20 February. Economists at Standar
Market movers: Stocks seeing action on Friday - and why
A roundup of some of the North American equities making moves in both directions today
Graphite India share turned Rs 1 lakh into Rs 25,000 in 1.5 years; here's why
Graphite India share price, which closed at Rs 1,100 on August 14, 2018 ended at Rs 283 on February 14, 2020
SpiceJet reports 21% rise in Q3 profit to ₹78 crore
If the airline had not recognized such ‘other income’, it would have reported a loss of ₹173.19 crore.Expenses at the airline increased by about 56% from a year ago to about ₹3,848.61 crore in Q3
Tesla plans second stock offering to raise more than $2B
Feb. 14 (UPI) -- Electric automaker Tesla says it will make a secondary stock offer in a bid to raise more than $2 billion to shore up its balance sheet -- less than two weeks after boss Elon Musk said it "didn't make sense" to raise more money.
BPCL seeks Assam govt’s stand on buying its stake in Numaligarh Refinery
The board of Bharat Petroleum Corporation Ltd (BPCL) has decided to initiate the process of selling its 61.65 per cent stake in subsidiary Numaligarh Refinery Ltd (NRL) amidst indications that the Ass
More people failed to pay property taxes in 2019: City of Regina
“The numbers are a little bit different from last year, a little bit higher.”
CREA reports home sales up 11.5 per cent compared with a year earlier
OTTAWA — The Canadian Real Estate Association says home sales rose 11.5 per cent in January compared with a year earlier to reach the highest sales figures for the month in 12 years, even as new listings remain constrained.
Petrol, diesel prices up
KUALA LUMPUR, Feb 14 — The retail prices of RON97 and RON95 petrol will be higher by two sen per litre, at RM2.36 and RM2.06, respectively, for the week beginning midnight tonight up to Feb 21. A Finance Ministry statement said the price of diesel will be higher by six sen per litre,...
Sikkim Minister to stern up action against absentees, will pay surprise visits to offices
Culture and Roads & Bridges minister Samdup Lepcha chaired a district-level coordination meeting with all head of offices of the district, government
Open access journals get a boost from librarians—much to Elsevier’s dismay
Move to cut fees adds pressure to funding model already under strain.
2020 - A Close Look At What To Expect
As Q4-2019 earnings continue to push the US stock market higher, what should traders expect going forward in 2020?There are a number of things that could potentially disrupt foreign market expectation
Ringgit lower against US dollar in early trade
KUALA LUMPUR: The ringgit opened lower against the US dollar in early trade today on weak buying interest due to weaker-than-expected fourth-quarter 2019 gross domestic product (GDP) results.
Budget: farmers disappointed
Farmers’ organisations are disappointed with the State budget in view of lack of an announcement on crop loan waiver and increase in paddy procurement price. They have expressed concern over the gover
Construction Activity Can Signal When Credit Booms Go Wrong
The risk of a bad boom- where a rapid credit growth episode is followed by a financial crisis or subpar economic growth -increases when there is also a boom in house prices.We find that signals from c
Is It Finally Time to Be a Believer in Tesla Stock?
With Tesla stock, it isn’t all about the high profile arguments from the bulls and bears. Here's what you should pay attention to.
RompHim goes out of business
RompHim, the rompers-for-men company that achieved viral success a couple of years back, is going out of business. CNN reports that the initial focus on marketing to straight bros limited their app…
Central Vista project will roll on, says Puri
Delhi HC has taken cognisance of 2 petitions challenging DDA’s proposed change of land-use
On heels of quarterly loss, Nissan again slashes full-year outlook amid economic uncertainties
After posting only its first third quarterly loss in 11 years, Nissan Motor Co. on Thursday again cut its annual profit forecast due to weak demand and eco
2 top ASX dividend shares to buy and hold for the next decade
Here's why you can't go past these two top ASX dividend shares as long-term investments over the next decade.
LogicBio: A Speculative Buy For Their GeneRide Platform Based Gene Therapies
LogicBio Therapeutics develops gene therapies to treat rare genetic diseases in pediatric patients with significant unmet medical needs.Their treatments, based on their proprietary GeneRide platform,
The Interview That Should Terrify Owners of Freeport-McMoRan Stock
Freeport-McMoran stock works on paper. But higher cash flow will go to a management team that's already destroyed billions in value.
Maxim Behar is the Employer Brand Leader of the Year!
World-renowned PR expert Maxim Behar won the first place in the Employer Brand Leader of the Year category at the prestigious Employer Branding Awards competition organized by b2b Media. The owner and manager of one of the leading PR companies in Bulgaria M3 Communications Group, Inc.
Experienced interim moves to new challenged trust
A struggling hospital trust has appointed an experienced interim chief executive for the coming financial year.
Odisha to tap 5T model for mineral resource mapping, extend KALIA scheme
State to also set World-class core sample laboratory and develop select rural habitats as smart villages akin to smart cities
Bernie Sanders enjoys major poll boosts as Warren told 'endorse Bernie already'
Polls have put Bernie Sanders on track to win the democratic nomination and the presidency with a groundswell of independent support according to a new poll, released amid calls for progressive rival Elizabeth Warren to drop out of the race.Mr Sanders had previously remained firmly in second to presumptive
Saudi minister says no plans for MBS, Netanyahu meeting
Saudi Arabia's foreign minister has denied media reports of a possible meeting between Crown Prince Mohammed bin Salman (MBS) and Israeli Prime Minister Benjamin Netanyahu, amid speculation about normalising ties between Gulf Arab states and Israel.
Last month was hottest January on record, US scientists say
In parts of Russia, Scandinavia and eastern Canada, temperatures exceeded the old averages by 9 degrees Fahrenheit (5 C).
South Sudan’s Kiir says no compromise to end peace deal deadlock
South Sudan President Salva Kiir on Friday dismissed international calls for compromise with his foes to break a deadlock that threatens a ceasefire in their six year war.
Enterprise Ireland ranked second globally for VC deal count
State agency backed 200 early-stage companies last year with about 1,500 in its portfolio
Erdogan vows to take Pakistan-Turkey trade volume to US$ 5 billion
ISLAMABAD, Pakistan: The Turkish President Recep Tayyip Erdogan has said that there is a vast scope for increasing the current Pakistan-Turkey trade volume of US$ 800 million, and vowed to take it to US$ 1 billion in the first phase and eventually to US$ 5 billion later, the Dispatch News Desk (DND) news agency reported. While addressing the Pakistan-Turkey Business Forum in Islamabad on Friday, Erdogan said that we want to take the commercial relations between the two brotherly Countries to the same level as political ties. Tayyip Erdogan said that Pakistan and Turkey can collaborate in a number of industries for their mutual benefit, adding that we should not allow protectionism or trade walls between us. Live Stream: Turkish President Recep Tayyip Erdogan Speech at Pakistan- Turkey Business Forum in Islamabad (14.02.2020)#WelcomeErdoganToPakistan #PakTurkFriendship #PrimeMinisterImranKhan #Pakistan 🇵🇰 #Turkey 🇹🇷@RTErdogan https://t.co/oMp2F5r9Tp — Prime Minister’s Office, Pakistan (@PakPMO) February 14, 2020…
Former Bellamy’s director Jan Cameron charged after ASIC investigation
Former Bellamy's Australia director Jan Cameron will appear in the Hobart Magistrates Court on criminal charges after an investigation by the Australian Former Bellamy's director Jan Cameron failing to disclose her full interest in the infant formula company when it listed on the ASX in 2014, according to the corporate watchdog.
Indian Overseas Bank to focus on MSME-lending: CEO
Laying more focus on the MSME segment, Indian Overseas Bank (IOB) will increase its lending to the sector from ₹31,000 crore at present to ₹50,000 crore in a couple of years from now, said a top offi
Octavian wins feature event
Sebastian’s ward Octavian, ridden by Yash won the Air Force Cup (Div. I), the feature event of the races held here on Friday (Feb.14). The winner is the property of Mr. B. Deepak Rai, Mr. Prem Kumar M
Korean Reporters Single Out BTS V As The Most Humble Artist
Doted by the fans and media for his utmost courtesy and modesty, BTS V is fondly known in the industry as a respectful idol.Recently, reporter Hw…
What's next for Vodafone Idea, Bharti Airtel after Supreme Court's AGR blow?
AGR row: Soon after the court judgement, Airtel said that it's in the process of doing self-assessment of the dues, and shall submit Rs 10,000 crore by February 20
Untitled Goose Game Wins Game of the Year at DICE 2020 Awards
Honk you very much
Feel The Love With These Valentine's Day Discounts From Your Favourite Brands
Bag some serious savings at retailers like ASOS, H&M, Monki, Figleaves, and Feelunique!
Indonesia: IDR limited pressure in the wake of a rate cut – TDS
Low inflation and slower growth are the reasons cited by strategists at TD Securities to forecast a rate cut of 25 basis points in Indonesia. This mea
Withdraw income tax on overseas tours, travel agents petition PM Modi
The government introduced five per cent TCS on overseas tour packages with an aim to plug revenue leakag
The Daily Chase: Rail blockade fallout continues; Canopy rallies as revenue surges
CN said yesterday it has begun an “orderly shutdown” of its network in Eastern Canada, which forced Via Rail to halt service on all but two of its routes across the country as blockades continue to impede rail traffic.
SONA 2020: Big plans that require tough action according to OUTA
Unless the promises made in SONA 2020 are followed by concrete, faster implementation South Africa will remain in a precarious state says OUTA.
Sentiment Stays Afloat
The percentage of respondents reporting as bullish has risen to 41.33% from 33.87% last week.Bearish sentiment fell 8.82 percentage points to 26.4%.Neutral sentiment also ticked higher this week, risi
44 million South Africans registered on Electronic Health Patient Registration, says Ramaphosa
President Cyril Ramaphosa said the fundamental condition for growth and development is a healthy and productive population, ...
HubSpot: A Growth Stock For The Long Term
Shares of HubSpot rocketed up more than ~7% after the company reported Q4 results and released FY20 guidance.The company is also projecting continued strong ~25% y/y revenue growth in FY20.Perhaps mor
Shropshire care specialist awards staff pay rises
A company has decided to smash through the current salaries for care staff and introduce pay rises of up to 55 per cent above minimum wage.
FG transfers oil assets, OML 98, from PanOcean to NPDC
The Federal Government, Friday, transferred ownership of Oil Mining Lease, OML, 98 to the Nigerian Petroleum Development Company, NPDC
S&P 500, Dow little changed amid Covid-19 worries; Nvidia forecast buoys Nasdaq
NEW YORK, Feb 14 — The S&P 500 and the Dow barely moved today, as worries over an economic hit from the coronavirus outbreak refrained investors from making big bets ahead of a long weekend, while gains in Nvidia shares kept the Nasdaq in positive territory. Adding to the downbeat sentiment...
Club owners meet to discuss forming company to run the League of Ireland
Shelbourne investor Andrew Doyle is driving the project
4 data center spending trends you need to know
Data center spending is likely to be feast or famine as enterprises pull back and hyperscale cloud providers build out infrastructure only to hit pause and digest.
Shree Cement's Dec-quarter pre-tax profit up 2.8% at Rs 409 crore
PBT in Q3 of the last fiscal year stood at Rs 398.5 crore
Four years’ funding for National Park
A GRANT of up to £100,000 has been approved for 2020 for the body responsible for safeguarding and developing the Jersey National Park, with further funding lined up for the next three years.
European shares hit record even as coronavirus shows no signs of peaking
Stock markets across the world ticked higher on Friday, even as investors debated whether China's coronavirus outbreak would cause long-lasting ...
Chartered Accountants Ireland excludes Willie McAteer
Willie McAteer has been excluded from Chartered Accountants Ireland after a disciplinary tribunal found he had brought discredit on himself and his profession.
Ramaphosa sees renewables as answer to Eskom’s woes
The president indicates that renewable energy can be the answer to the country’s energy supply needs.
Lakshmi Vilas Bank needs up to ₹2,000 cr. to stay afloat: CEO
Third quarter results kindle hope of raising funds, he says
Mining ban has shaved ₹7,000 crore off Goa’s economy, says report
Ban has severely impacted jobs, says CMIE report
Gov’t asks court to dismiss suit against junk food
food
CBN condemns receiving foreign currency in transfers
CBN has lamented the rate at which international money transfers are done in foreign currencies by Nigerians, saying it is detrimental to naira.
Roku Beats The Street For Q4 Earnings, Makes Wild Prediction For Cord Cutting Movement
Roku has released its earnings report for the last quarter of 2019, and the company did very well exceeding its expectations.
Export of services rises 11.6% to $20 bn in Dec; imports up 10.3%
Surplus in trade services stood at $7.45 billion for December
Samsung Intros 25W Power Banks & 45W Car Charger
Samsung's new power banks are a great addition for the Galaxy S20 smartphones. The same goes for the newly-announced car charger, as well.
This 6% Yield Is Not Fat, It Is Just A Little Husky
Husky Energy has delivered one of the worst returns among the Canadian large cap energy space.At the core of the issue is the fat capex which prevent meaningful free cash flow generation.We examine th
ASIC sends a message about takeover laws
Takeover law is a high-stakes game, and the criminal charges levelled against Jan Cameron show the regulator clearly wants to make a strong point.
EUR/GBP bounces off 2020 lows, around 0.8320
The sterling is correcting lower following the moderate pick-up on Thursday and is helping EUR/GBP to bounce off recent yearly lows in the sub0.8300 r
BPCL standalone profit zooms to ₹1,261 crore in Q3
State-owned Bharat Petroleum Corporation Ltd (BPCL) reported a standalone net profit of ₹1,260.63 crore in the October to December of FY20 from ₹495.14 crore a year ago mainly on the back of a margina
Four data center spending trends you need to know
Data center spending is likely to be feast or famine as enterprises pull back and hyperscale cloud providers build out infrastructure only to hit pause and digest.
"No Rollbacks": BitMEX Says After 62% XRP Flash Crash
XRP saw a "flash crash" on the BitMex exchange, with the asset's price plunging by 50% in a few minutes' time.
India’s Top Court Rebukes Telcos for Default of Dues to Govt
New Delhi (Sputnik): Last year, Vodafone’s global CEO Nick Read said the company’s future in India was in doubt following a court ruling in a tax dispute with the government.
Oil: Energy sector up – ANZ
Crude oil was able to shift pressure and the market looks like convenient with the latest news about coronavirus. WTI trades at $51.75, ANZ Research r
Jes Staley’s Jeffrey Epstein issue is just the latest Barclays tangle
Here’s why running this particular British bank is like riding a rollercoaster
Ford Is In The Doghouse.
Ford is once again in trouble after a poor quarter, with the share price back around $8.The dividend is well covered and the stock looks cheap, but investor sentiment is strongly against this name.Inv
Ice-cream brand Rollick warming up to geographic expansion
Eyes 28% growth over next five years
Policeman adjudged best Photographer
news, story, article
Delta to invest $1 bln to curb global air travel's climate impact
By Tracy RucinskiCHICAGO, Feb 14 (Reuters) - Delta Air Lines Inc said on Friday it will invest $1 billion over the next decade in initiatives that would limit the impact of global air travel on the environment, the first airline to make a commitment of that scale.The aviation industry accounts for roughly 2% of global carbon dioxide emissions and has set out a plan to achieve carbon-neutral growth from 2020, even as air travel is forecast to accelerate.
Asian shares aim for second week of gains amid virus scare
Global shares eased on Friday, as investors were spooked by a sharp rise in the number of coronavirus cases in China this week while oil prices ...
Tesco 'unlawfully' blocked rivals from opening nearby stores, CMA finds
Tesco has been told to stop illegally blocking rival supermarkets from buying its land or leasing nearby sites by the [...]
Luigi’s Mansion 3 has won Outstanding Achievement in Animation at DICE Awards
Nintendo’s gorgeous Luigi’s Mansion 3, which launched last year on the Nintendo Switch, has scooped an award at this year’s prestigious Dice Awards. The spooktastic game was awarded the award for o…
SNB's Zurbruegg: Risk on Swiss banks from rising property prices is not too high
"Risk on Swiss banks from rising property prices is not too high," Swiss National Bank's Vice-Chairman Fritz Zurbruegg said on Friday. "Affordability
Don’t let the coronavirus scare have you turning bearish on equities
The economic fallout with be transitory in nature
Russia Leads Multinational Stablecoin Initiative
Russia is taking the lead in issuing a multinational stablecoin backed by commodities with the Eurasian Economic Union, or EAEU, and BRICS countries.
Minister Vladislav Goranov: The Bulgarian Currency is Undervalued
The Bulgarian lev is undervalued, Bulgaria's Finance Minister Vladislav Goranov said, referring to econometric models for evaluating the exchange rates used by the IMF. Once again, Goranov has denied fears that the savings of Bulgarian citizens will melt after joining the eurozone and confirmed that the country will enter the eurozone with the same lev-euro exchange rate as it currently has.
River Island’s Irish profits jump more than 50%
Gordon Deegan Pre-tax profits at the Irish arm of fashion retailer River Island increased by 53% to €4.89m in 2018, newly-filed accounts show.
Risk of duopoly in telecom sector higher than before: Analyst
The room for manoeuvre is now very less for operators. The situation is particularly grave for Voda Idea.
CPP Investment Board posts 3.6 per cent rate of return for its third quarter
TORONTO — The Canada Pension Plan Investment Board says it earned a return of 3.6 per cent during its most recent quarter, after expenses. Net assets for the Toronto-based fund manager grew to $420.4 billion as of Dec. 31, up from $409.
Sindh govt plans to recruit pricing magistrates to curb inflation
KARACHI: The Sindh government on Friday decided to recruit price control magistrates to take action against hoarders and rising commodities’ prices.Speaking on the matter, Sindh Minister for Agr
Cosatu says SA seeks to cut 30 000 state jobs, freeze pay
That’s part of the state’s proposal to reduce its wage bill, according to the union.
DMart share sale sees 3 times subscription, investors bid for 45 mn shares
The stock fell 5.6 per cent to end at Rs 2,401 in secondary market trade. A further 1.5 million shares meant for retail investors will be auctioned on Monday.
The Perils Of Late-Cycle Investing
It may well be that structured credit hedge funds constitute a sensible vehicle for riding the remaining bucks of the late bull and surviving the downturn when it arrives.Structured credit hedge funds
Untitled Goose Game wins Game of the Year at this year's DICE awards
A honkin' good win.
Goods exports dip 1.6% to $25.97 b in Jan; trade deficit at $15.17 billion
Coronavirus outbreak, persisting protectionism add to exporters’ woes
Piyush Goyal accuses West Bengal govt of depriving people of benefits of central schemes
"Prime Minister Narendra Modi has directed that projects of any state will be completed on priority if land and other requisites are made available," Piyush Goyal said while inaugurating the first phase of the East-West Metro corridor.
Jefferies Financial Group Analysts Give Delivery Hero (ETR:DHER) a €75.00 Price Target
Jefferies Financial Group set a €75.00 ($87.21) target price on Delivery Hero (ETR:DHER) in a report released on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock. Several other research firms have also recently issued reports on DHER. Kepler Capital Markets set a €63.60 ($73.95) target price on Delivery Hero […]
Reports: Glazers set final asking price for Manchester United ahead of potential sale
The Glazer family, the owners of Premier League giants Manchester United, have reportedly made it clear that they will only sell the club if they receive over £2billion, and only want to part ways with a 20-per-cent stake.
Netherlands to build capacity of GRA Personnel
news, story, article
HCB Financial: A Modestly Overvalued Bank
HCB Financial is a solid community bank serving an area in southwestern Michigan.A conservative loan portfolio, however, offsets a remarkably low cost deposit base to limit the company's net interest
Canopy Growth: Only Faint Positives
Canopy Growth beat consensus estimates for FQ3.The Canadian cannabis company still had a massive free cash flow loss of C$360 million.The stock has a fully diluted market cap of $8.4 billion and FY21
CBDT to base taxmen's appraisal on their 'Vivad se Vishwas' performance
FM Nirmala Sitharaman had proposed this direct tax dispute resolution scheme in her budget speech on February 1
Americans to spend a record $27.4B for Valentine's Day, survey says
Feb. 14 (UPI) -- Americans are expected to set a record for Valentine's Day spending this year, according to a survey by the National Retail Federation.
Delta to invest $1 billion to curb global air travel's climate impact
CHICAGO (Reuters) - Delta Air Lines Inc said on Friday it will invest $1 billion over the next decade in initiatives that would limit the impact of global air travel on the environment, the first airline to make a commitment of that scale.
Foreign investors in row over Lebanese debt
Ashmore has locked horns with other creditors, including Pimco
Angioplasties shoot up due to price cap, says research on insurance claims
25,769 insurance claims under Vajpayee Arogyashree (now merged into Ayushman Bharat-Arogya Karnataka) from 69 private and seven public hospitals from February 2016 to February 2018.
AT&T: When The Market Crashes
AT&T's 5.5% dividend yield is compelling, and the payments keep growing, but what happens when the market crashes?This article reviews the health of the business, valuation, risks, dividend safety, an
XRP Outperforms Top 5 Cryptos, Unfazed by BitMEX Crash
The price of XRP recovered remarkably after the BitMEX crash, which led to heavy liquidations. Now, XRP is the best-performing coin among the leading 5
Q&A: Why local government needs unified communications
With state and local government agencies are frustrated by tight budget restrictions, outdated technology and slow processes, the answer is in a unified communication strategy.
Mobile Web Ghana to host Africa Digital Skills Conference in July
news, story, article
Cashed up super funds hunt for buying opportunities
Unisuper and Hostplus say they are sitting on elevated piles of cash and any major sell-off in equity markets sparked by the coronavirus will come as a buying opportunity.
Whistleblower policy critical for internal control in firms: Keki Mistry
Mistry said certain instances in the past have shown that whistleblowers are either seeking ill of a company or looking for media attention
Pertamina to kick off gas, oil exploration in Thousand Islands in March
Upstream oil and gas company PT Pertamina Hulu Energi (PHE) Offshore Southeast Sumatra (OSES) plans to start oil and gas exploration in the Thousand Islands, north of Jakarta’s coast, next month.
Over 15 tonnes of used cooking oil dispatched from Madurai to Telangana for bio-fuel production
The oil was collected from 222 shops in the city that used more than 40 litres of oil a day
Gold prices rise ₹75, silver gains ₹147
Gold prices on Friday rose by ₹75 to ₹41,481 per 10 grams in the national capital amid rupee depreciation, according to HDFC Securities. Likewise, silver also gained ₹147 to ₹47,036 per kg from ₹46,88
Retirement hack: cheap dividend stocks could make you a million
Buying undervalued income shares could boost your chances of generating a seven-figure portfolio.
7 Stock Market Sweethearts You'll Want to Call Your Own
It's easy to adore these great businesses.
Singapore woos world’s biggest money managers with new law
The law, known as the Variable Capital Companies Act, makes it easier for overseas and domestic entities to register funds in Singapore if they have a locally based fund manager.
Could Micron Stock Run Up to Its 20-Year-Old High Near $97?
MU stock is trying to repeat the breakout it had in 2017. If so, there could be enough upside potential to possibly break a 20-year-old high.
The PlayStation 5 could cost as much as $470 as Sony reportedly struggles to keep the cost of parts down
PlayStation insiders said exactly where the company prices the PS5 will depend on where rival Microsoft prices its next-generation Xbox.
Air India sale expected in first half of next fiscal: DIPAM Secretary
The deadline for submitting the EoI is March 17
Flat oil price offsets weaker Rand in projected March fuel price drop
Rand’s weakening against the US Dollar, as well as the mentioned flatter oil price, points to a decrease of between 14 and 25 cents a litre for petrol.
Compass Group (LON:CPG) Price Target Raised to GBX 1,800
Compass Group (LON:CPG) had its price objective lifted by Goldman Sachs Group from GBX 1,700 ($22.36) to GBX 1,800 ($23.68) in a research report released on Monday, Stock Target Advisor reports. They currently have a sell rating on the stock. A number of other research firms also recently weighed in on CPG. UBS Group reaffirmed […]
Man City fans give verdict on Jadon Sancho transfer this summer
Manchester City supporters have had their say on whether the club should move to bring Jadon Sancho back to the club.
Here’s a reminder of all the BRIT award nominees ahead of the ceremony
Dermot Kennedy is flying the flag for Ireland
Opinion: How Justin Trudeau can turn a lose-lose Teck decision into a delicate victory
By approving the Teck Frontier oil sands mine under the greenhouse-gas vows that Alberta Premier Jason Kenney has laid out, Mr. Trudeau can use the free market to wiggle his way out from between a rock and a hard place
Alnylam: RNAi Treatment Sales And Pipeline Excite But Profitability A Concern
Alnylam is chiefly responsible for a resurgence amongst RNAi based drug developers after Onpattro - a treatment for hATTR amyloidosis - was approved by FDA in August 2018.The drug achieved sales of $1
FG shares N8.15 trillion with states, others in 2019
N8.15 trillion of the Federation Account distributions was reportedly shared by the Federal, States and Local Governments in 2019.
Eveready's Dec-quarter pre-tax profit jumps on asset sale to Rs 110 crore
The pre-tax profit, adjusted against the one-time land sale and separation costs, remained flat at Rs 21.20 crore
Kering Turned Over Approximately $17.15 Billion USD in 2019
With Gucci contributing approximately $10.42 billion USD alone.
Kraft Heinz downgraded to junk status by Fitch Ratings
Food firm ends up with massive debt load due to deals and jeopardised credit ratings
Jes Staley: Inside Barclays CEO’s Links With Jeffrey Epstein
It emerged on Thursday that British regulators are probing the chief executive of Barclays –one the country’s largest banks – over his relationship with the disgraced millionaire Jeffrey Epstein, who has been accused of trafficking hundreds of young women and underage girls for sex.
Costly onion, potato push WPI inflation to 3.1% in Jan
Both food, non-food articles inflation are expected to rise further, say experts
Sony PS5 retail price could be higher than PS4 due to cost of parts
The Sony PlayStation 5 is slated to launch later this year but Sony has yet to determine the price for the console. Sources claimed that the manufacturing costs for the company's latest gaming console are hiking up, mainly caused by a scarcity of certain components.
HQ Trivia, the Once-Popular Mobile Game, Is Shutting Down
CNN Business has learned that the once-popular live mobile trivia game "HQ Trivia" is shutting down. From the report: When HQ launched in 2017, its first game HQ Trivia quickly attracted millions of people across the world who stopped whatever they were doing twice a day to play the game on their s...
Reuters: Oil prices stabilize, set for weekly gain on hopes for supply cut
The Organization of the Petroleum Exporting Countries and its allied producers are considering cutting output by up to 2.3 million barrels per day.
PMO to banks: NCLT cannot be escape route, refer only NPAs of over ₹200 cr
Move to prevent closure of firms and job losses
Legislation for establishment of National Youth Foundation soon: Usman Dar
ISLAMABAD, Pakistan: The Prime Minister’s Special Assistant on Youth Affairs Muhammad Usman Dar has said that the incumbent government is working on legislating for the establishment of National Youth Foundation in the Country to enable better work for the development of the youth. In a meeting with Ms. Indhira Santos, Global Lead Labor & Skills […]
Glenmark Pharma Q3 consolidated net profit rises 64% to Rs 190.83 crore
Consolidated revenue of the company stood at Rs 2,735.56 crore for the quarter under consideration as against Rs 2,555.04 crore for the corresponding period a year ago.
Eurostat: Which EU Countries have the Highest Marriage Rates?
In 2018, the European Union (EU) countries with the highest number of marriages relative to the population were Cyprus (7.8 marriages per 1 000 inhabitants), Romania (7.
Corruption and mismanagement to blame for SA poor economy - Cosatu
Reacting to President Cyril Ramaphosa's SONA, Cosatu warned the government not to outsource its developmental obligations to the private sector.
US January industrial output falls on weather, Boeing drop
WASHINGTON, Feb 14 — US industrial production fell 0.3 per cent in January as unseasonably warm weather held down the output of utilities and Boeing Co slowed production of civilian aircraft, the Federal Reserve said today. The Fed said manufacturing production fell 0.1 per cent in January,...
NZX profit reflects growth in capital markets
The NZX says its full year result reflects the stellar performance of the capital markets over the past year, with momentum expected to drive growth in the coming year. The capital market operator's net profit rose 25.7 percent to $14.6 million in the year to December, and rose 7.1 percent on continuing operations. The market operator said it spent most of its capital investment to upgrade the NZX trading system and NZX Wealth Technologies over the past year. NZX chair James Miller said the 2019 results showed encouraging earnings growth, assisted by strong growth in the local market, which rose more than 30 percent over the year. "This extends the excellent run of New Zealand's sharemarket over the past decade," Miller said, noting the NZX's share price had increased 42 percent over that period.
When The Facts Change
The coronavirus is a human tragedy, but the markets remain sanguine.A slowing of global growth is already factored into market expectations.Further central bank easing is expected to calm any market f
Wells Fargo invests in crypto monitoring firm Elliptic
San Francisco-based banking giant Wells Fargo has invested US$5 million in British startup Elliptic, a provider of risk management systems for the cryptocurrency sector. The investment came from Wells Fargo Strategic Capital, the venture unit of the fourth-largest US bank by assets, as an extension of Elliptic’s US$23 million Series B funding round announced in…
Aerial locust spray unsustainable- Expert
Kampala, Uganda | THE INDEPENDENT | Government’s proposal to use aerial spraying against desert locusts is unsustainable, an official from the Desert Locust Control Organization for East Africa, DLCO- EA has revealed. Mehari Tesafayohannes, the Chief Information and Forecasting Officer-DLCO-EA told local government leaders drawn from Acholi, Karamoja, Lango and Teso that the aerial spray …
Valentine’s Day: Love or business?
Even for poor people, the temptation to outdo themselves during the Valentine’s Day is high.
33 per cent of us have ended, or would end a relationship because of a partner's debt: Survey
The number one financial reason cited for ending a relationship is a lack of financial honesty, such as hidden debt or purchases
Whangarei - Reduce Water Use By 20% To Delay Restrictions
If Whangārei residents can reduce their water consumption by 20 per cent they might keep the District’s water restrictions away for a few weeks yet.
ONGC's Dec-quarter PBT halves to Rs 5,998 cr on fall in oil, gas prices
Standalone net profit in the period at Rs 4,152 crore was 49.8 per cent lower than Rs 8,263 crore net profit in the same period of the previous fiscal year
Tanzania borrows Sh147bn to construction a 550km SGR
NAIROBI, Kenya, Feb 14 – The government of Tanzania has received a Sh147 billion loan from Standard Chartered Bank Tanzania to fund the construction of Kenya breaking news | Kenya news today |
Fears Newcastle Clean Air Zone plan could be delayed by malfunctioning vehicle checker system
Birmingham and Leeds have been forced to postpone their anti-pollution measures because of a malfunctioning government service, which Tyneside leaders are keeping a close eye on
South Africa's fuel prices to drop (with diesel users to benefit most)...
The AA says “steady declines in international oil prices" have set the stage for fuel price reductions at month end, despite a weakening rand.
German economy flatlines as eurozone growth hits seven-year low
Germany's economy is stagnating as a slowdown in spending and exports wiped out growth in the fourth quarter of 2019 with GDP unchanged.
Online scam reveals a lack of controls
Experts say that the possible theft of $4.1 million in public funds shows problems in public administration systems and that cybercrime continues to accelerate
Appili Therapeutics Announces Upsizing of Previously Announced Equity Offering
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESHALIFAX, Nova Scotia — Appili Therapeutics Inc.
Smart Speaker Market In The Q4, 2019. Amazon and Google Lead
The smart speaker market is still led by Google and Amazon due to the first-movers' advantages. Apple ranks sixth with its HomePod.
Rand firmer after Ramaphosa’s speech, stocks flat
South Africa’s rand firmed on Friday after President Cyril Ramaphosa set out brief plans to stimulate economic growth during his state of the nation address, although his speech was short on specifics and timeframes.
IMF and World Bank say poverty-stricken Somalia is eligible for debt relief
The IMF and World Bank have said that Somalia is eligible for debt relief under the Enhanced Heavily Indebted Poor Countries (HIPC) initiative.
Sebi seeks explanation from former CARE Rating chairman, MD for interference in ratings
Markets regulator Sebi has sought explanation from erstwhile managing director and CEO, and chairman of CARE Rating for their interference in the rating process of entities including DHFL, IL&FS and Yes Bank, sources said. In a letter on February
January Wholesale Price Index stands at 3.1%
The annual rate of inflation based on monthly Wholesale Price Index stood at 3.1% (provisional) for the month of January 2020 (over January 2019) as compared to 2.59% (provisional) for the previous
Mobile Phishing Campaign Uses over 200 Pages to Spoof Bank Sites
A phishing campaign focused on mobile banking used over 200 pages to impersonate legitimate websites for well-known banks in the U.S. and Canada.
Tax reform, policy uncertainties to cause oil drop in Nigeria, WoodMac warns
A new report by consultancy firm, Wood Mackenzie, has disclosed that Nigeria’s crucial energy sector could experience a 35% decline in oil output.
Tanzania borrows Sh147bn to construct 550km SGR line
NAIROBI, Kenya, Feb 14 – The government of Tanzania has received a Sh147 billion loan from Standard Chartered Bank Tanzania to fund the construction of Kenya breaking news | Kenya news today |
The Reserve Bank of India can’t counter food inflation without factoring in extreme weather events
What’s behind the rising price of onions in every alternate year since 2013? Climate change.
3 Reasons Why DexCom's Q4 Update Delighted Investors
The medical-device maker delivered good news across the board for the quarter.
Smartlands Looks to Lichtenstein Law for Blockchain based Services, Targets HNWs
Smartlands, a blockchain based Fintech that lays claim to tokenizing the first real estate offering in the UK, says it will revise and expand its legal framewor
Joe Jonas Posts Valentine's Day Message to Reportedly Pregnant Wife Sophie Turner
Love is in the air for Joe Jonas and Sophie Turner as the Jonas Brothers artist and Games of Thrones star celebrate Valentine's Day while allegedly expecting their first child together. Just one day after the couple's baby news was first reported by Just Jared and Us Weekly, Jonas shared a [...]
Protecting children from harmful food marketing
Professor Amandine Garde highlights the growing recognition of unhealthy food marketing as a major children’s rights issue, and what can and should be done to address it
Renault sales and earnings drop in tough market
PARIS (AP) — France's Renault saw its sales and earnings drop last year and says 2020 will be tough due to the need for investment in new technologies just as the market is shrinking.The company said Friday that it sold 3.8 million vehicles last year, down 3.4%, with revenue dropping about the same rate to 55.5 billion euros ($60 billion).That almost wiped out its net earnings, which amounted to just 19 million euros last year compared with 3.4 billion euros a year earlier.Interim chief Clotilde Delbos said "the visibility for 2020 is limited due to an expected volatility in the market.
Standard Chartered and Imperial College partner to tackle climate change
The bank will work with Imperial College Business School’s Centre for Climate Finance and Investment over four years to “uncover solutions that will help embed climate risk identification and management into financial decisions.”
Netherlands: GDP grew 0.4% in all quarters of 2019 – ABN Amro
Gross domestic product (GDP) increased in the fourth quarter in the same numbers as did in the previous quarters of 2019. Senior economist at ABN Amro
British bank RBS changes name in evolution to 'purpose-led' operation
Feb. 14 (UPI) -- The Royal Bank of Scotland announced Friday it will change its name to the NatWest Group later this year as part of a shift to become a "purpose-led" operation -- and distance itself from scandals related to a major bailout more than a decade ago.
Financial infidelity: 1 in 5 Canadians keep money secrets from their partner
While love is in the air for some this Valentine’s Day, a new survey finds that secrets are too with one in five Canadians admitting to engaging in financial infidelity.
DH Deciphers: LPG gas cylinder price blast rips through middle-class budget
What has the Union Government announced? The Union government has announced an increase in the price of LPG cylinders by Rs 145-150. At the same time, for those who avail the LPG subsidy, it has
4 ASX shares to watch in week 3 of reporting season
Here are 4 great ASX shares to watch during the busiest week of February's ASX reporting season.
Sony struggling to set PS5 price after scarce components push cost to $450 – report
Sony is reportedly struggling to keep the cost of PS5 down.
Adani Enterprises signs 50-year agreements with AAI for 3 airports
Having won bids, AEL had also set up a subsidiary Adani Airports Ltd which would operate, manage and develop the airports
Scientist suggests damming the North Sea to protect Europe from climate change
A scientist has suggested building a pair of dams to enclose the North Sea and defend northern Europe from rising sea levels.
Don't leave your trash on snowbanks: Region of Waterloo
Officials are offering tips for waste collection during the winter
Why fund management companies are surging on the ASX
Investing in fund management companies is back in favour after a year of uncertainty. Now the money managers are in the money.
Ramaphosa speaks openly about South Africa’s limited energy supply
While delivering the 2020 State of the Nation Address, President Cyril Ramaphosa spoke openly about South Africa’s limited energy supply.
Home sales see big jump
The Canadian Real Estate Association says home sales rose 11.5 per cent in January compared with a year earlier to reach the highest sales figures for the month in 12 years, even as new listings remain constrained.
GBP/USD: Spending will not alleviate Brexit pressure – Rabobank
The cable gained some traction yesterday following the resignation of the Chancellor Sajid Javid, but analysts at Rabobank are still seeing hurdles in
The numbers that could reward the RBA's optimism
Upbeat company profit results, better readings from consumers and another record sharemarket high are backing the Reserve Bank's optimistic view on the economy.
Sical Logistics posts Q3 loss of ₹48 crore
Sical Logistics Ltd. an integrated logistics provider and unit of the Coffee Day group, has posted a net loss of ₹48.28 crore for the third quarter ended December 2019 against a profit of ₹7.96 crore
Former Anglo finance chief Willie McAteer expelled from accounting body
Membership of Chartered Accountants Ireland revoked and payment of €15,000 towards tribunal costs agreed
This is how much Sunderland council tax is going to rise by
“Raising council tax is one of those difficult decisions, if we don’t raise it we will need to cut services further"
Sarb moves to sell stake in African Bank
Sarb sees the disposal process being completed within 18–24 months after a suitable buyer is identified.
Wolff not relishing Mercedes contract talks with F1 superstar Lewis Hamilton
Lewis Hamilton is in the final year of his Mercedes contract, meaning he and team principal Toto Wolff must head to the negotiating table.
BusinessLine wins ANMI award
The Hindu BusinessLine won an award in the “Most Diversified Coverage-Newspaper” category at a ceremony organised by the Association of National Exchanges Members of India (ANMI) in New Delhi on Frida
Dividend Growth Or Higher Yields, You Choose
If you're blinded by a high yield, FRT may not be for you. FRT offers a strong balance sheet, consistent dividend growth, and great management.REG trades a lower multiple of FFO than investors would e
‘Irrelevant political promises’
The Wet’suwet’en Treaty Office Society is taking the executive director of the British Columbia Environmental Assessment Office to court to quash a decision extending an Environmental Assessment Certificate for the controversial Coastal GasLink pipeline project.
Sony Struggling to Lower PlayStation 5's Manufacturing Costs
Due mostly to high demand parts.
Tourism sector hits lean patch
It is a seasonal phase; most families do not venture out as it is exam time
Vijay Mallya says ED, CBI been ‘totally unreasonable’
Lord Justice Stephen Irwin and Justice Elisabeth Laing, the two-member bench presiding over the High Court appeal, will hand down their verdict at a later date.
Motorists to pay more for fuel
Super petrol and diesel prices go up Sh2.67 and Sh2.13 respectively.
Kraft Heinz Is Still a Mess
Another disappointing earnings report shows that the company's still in disarray.
MSME in Tamil Nadu | An up-close view
Tamil Nadu continues to be a vibrant industrial State, with a large base of big factories and small units. The State has an estimated seven lakh registered micro, small and medium enterprises (MSME),
Lakshmi Vilas Bank posts ₹334-cr loss in Q3
Our Bureau Private sector lender Lakshmi Vilas Bank (LVB) posted a net loss of ₹334 crore in the third quarter of FY20 when compared to the ₹373-crore net loss recorded in the same period the previous
City and province sign preliminary agreement to build four transit projects, including Ontario Line
The city and the province have officially signed off on a preliminary agreement that will pave the way for a nearly $30 billion transit expansion plan.
Irish homeowners with €300k mortgage paying €229 more a month than euro area average
Irish homeowners with a €300k mortgage being repaid over 30 years are paying €229 more a month than their euro area counterparts, according to figures released today by the Brokers Ireland group.
Belarus to Russia: We'll siphon off your transit oil to Europe if necessary
MINSK — Belarus threatened to siphon off oil from Russia’s transit pipeline to Europe unless Moscow restarted crude supplies and accused the Kremlin on Friday of using energy prices as leverage to try to swallow up its former Soviet neighbor.
NERC: Power sector recorded N1.7trn tariff shortfall in four years
The Nigerian Electricity Regulatory Commission (NERC) says the power sector recorded ₦1.72 trillion tariff-related revenue shortfall from 2015 to 2019. The commission said this in a newly released consultation paper
Elderly, halfhearted Florida bank robber won't be jailed
WEST PALM BEACH, Fla. (AP) — A 74-year-old Florida man whose halfhearted attempt at bank robbery was caused by depression after his wife's death will not spend any time in jail, it was announced Friday.Sandy Hawkins reached an agreement with Palm Beach County prosecutors where he will spend a year living at The Lord's Place, a Christian residence for the homeless. If he stays out of trouble, the bank robbery charge will be dropped.“I will happily sign this,” Circuit Judge Jeffrey Gillen said, according to The Palm Beach Post.Hawkins, unarmed, walked into a Wells Fargo branch in Boca Raton on Nov. 18 and demanded $1,100 from the teller. When she counted out $2,000, he told her it was too much and had her count o
EXCLUSIVE! Ayushmann Khurrana talks about his performance for 65th Amazon Filmfare Awards 2020
Ayushmann Khurrana is currently busy promoting his upcoming flick 'Shubh Mangal Zyada Saavdhan' on various platforms. And now, the jetted off to Guwah
Positive Earnings Look as If They’re Already Priced in to Teva Stock
Teva stock rose 9% after a positive earnings report. But after $3 billion in cost-cutting, investors may be looking for additional revenue.
Temasek arm sells Rs 204 crore Godrej Agrovet shares
The shares were offloaded on an average price of Rs 539.13, valuing the transaction at Rs 204.04 crore.
Get ready for global economy's dreadful future: Save more, work longer, and expect less
Ultra-low and negative interest rates are taking hold in countries where economic growth has been sluggish.
FIRS: Tax waivers, illicit flows responsible for low revenue
The FIRS says it has not been able to meet its revenue target because of non-discretionary tax waiver grants and illicit financial flows
Alviva shares crash 25% as ICT distribution comes up short
Shares in technology distribution group Alviva Holdings tumbled more than 25% in intraday trading in Johannesburg on Friday after it shocked investors with a profit warning.
Supreme Court orders Indian telcos to pay US$13b or face action
NEW DELHI, Feb 14 — India’s Supreme Court today ordered top telecom companies to pay US$13 billion (RM53.8 billion) in unpaid spectrum and licensing fees by March 17 or face punishment in a fresh blow to ailing mobile carriers. Shares in Vodafone Idea, which said it would be hardest hit by the...
Chinese Stocks Rise for 7th Consecutive Day Amid Coronavirus Infection
Chinese stocks rose for a seventh day on Wednesday, coinciding with the continuous decline in new confirmed cases of novel coronavirus infection for eight days on the Chinese mainland outside Hubei province. The development signaled an easing of investors' concerns over the viral outbreak's negative impact on economic growth, according to analysts.
SpiceJet soars 10% on 21% YoY rise in net profit; B737 may return this year
On the operational front, Passenger Load Factor came in at 91.9 per cent in Q3, with the fleet size growing to 119 aircraft as on December 31, 2019.
Bumilangit universe expands to Southeast Asia
The English edition of Gundala has landed in bookstores in Singapore, Malaysia and Brunei.
SC orders telcos to clear dues by March 17, threatens contempt
The court, which had asked companies including Vodafone Idea and Bharti Airtel to pay 920 billion Indian rupees ($12.89 billion) in overdue levies and interest by Jan. 23, had rejected petitions seeking a review of its order last month
Enbridge raises bets on U.S. Gulf Coast LNG, reports higher Q4 earnings
Calgary-based Enbridge Inc. is raising its bets on the growing liquefied natural gas export sector on the U.S. Gulf Coast by buying the pipeline that would supply the proposed Rio Grande LNG export facility.
SSC announced result dates for pending exams: From CHSL to JE, check details
SSC recruitment 2020: One of the most awaited SSC CGL paper III 2018 exam will be announced on May 8, 2020 as per the recent notice by the SSC.
LYFT (NASDAQ:LYFT) Given “Buy” Rating at JMP Securities
JMP Securities reissued their buy rating on shares of LYFT (NASDAQ:LYFT) in a report published on Monday morning, TipRanks reports. The firm currently has a $88.00 price target on the ride-sharing company’s stock. Other research analysts have also recently issued research reports about the stock. Wolfe Research upgraded shares of LYFT from an underperform rating […]
African Development Bank says World Bank chief’s criticism ‘misleading’
The African Development Bank on Thursday pushed back against World Bank President David Malpass’ comments that it and.”
February 2020 week three fuel price – petrol, diesel up
It's Friday, so time again for the weekly fuel price update, and the coming week will see the price of all fuels going up. In the case of RON 95 petrol,
Top NMC shareholder Muhairi quits board amid turmoil
Abu Dhabi-based healthcare group has faced turbulent time since report questioning finances
Analyzing The Safety Of Goodyear's 5.4% Yielding Dividend
Goodyear Tire & Rubber has had a tough year with earnings contracting, and shares losing roughly half of their value.The company's dividend now yields 5.4% and is currently viable despite the near-ter
Pakistan has achieved all economic goals, IMF says
--Global financial body says 'govt has made considerable progress in last few months to advance economic reforms' The International Monetary Fund (IMF) on Friday announced that Pakistan
Exclusive: 2020 Maruti Dzire Facelift Launch Expected In April
2020 Maruti Dzire Facelift will get redesigned front bumper and the features list available in the top-end variants will be moved to mid-spec trims
Consumer sentiment hits highest level since 2018 despite coronavirus outbreak
American consumers were increasingly optimistic about the economy this month despite a deadly viral outbreak. The University of Michigan said Fr...
Burberry Group (LON:BRBY) PT Lowered to GBX 2,600 at Credit Suisse Group
Burberry Group (LON:BRBY) had its target price reduced by Credit Suisse Group from GBX 2,650 ($34.86) to GBX 2,600 ($34.20) in a report issued on Monday morning, Stock Target Advisor reports. They currently have an outperform rating on the stock. A number of other equities research analysts also recently weighed in on the stock. Deutsche […]
Amsterdam could ban tourists from buying cannabis
Amsterdam could ban tourists from buying cannabis under strict new rules aimed at cleaning up the Dutch city’s overcrowded red light district. Femke Halsema, the mayor of Amsterdam, is understood to
Akpabio and new vision for Niger Delta
THE appointment of Senator Godswill Akpabio as the Minister of Niger Delta Affairs on August 20, 2019 was greeted by great enthusiasm by...
Investors welcome Poland's decision to freeze last coal-fueled plant project
WARSAW (Reuters) - Shares in Polish state-run utilities Energa and Enea gained on Friday after they froze financing of their joint project to build 1 a GW coal-fueled power unit, citing difficulties raising funds due to environmental concerns.
Malema not convinced by Ramaphosa’s jobs plan
Julius Malema said Ramaphosa continued to create long-term plans focused on consultations, which have had little results ...
Tripura prepares for NPR, to collect data through mobile app only
A team of nearly 11 thousand people will be deployed to work on NPR mechanism in the state, part of which is already functional. The data will be collected in Tripura from May 16 to June 29, 2020.
Free delivery, free food and discounts: local eateries fight plunging business amid coronavirus fears, Business Insider - Business Insider Singapore
Business Insider - F&B brands Business Insider spoke to said they were adopting new measures to attract customers, mainly centred around delivery and discounts.. Read more at businessinsider.sg
This Scottish neighbourhood is among the worst in the UK
Changing or removing shared features, such as fences and trees, grinds people's gears the most.
Up 60% the Last 6 Months, This Cloud Company Just Boosted Its Growth Prospects
Important new partnerships will materialize over the next few quarters.
US core retail sales unchanged in January
WASHINGTON, Feb 14 — US consumer spending appears to have slowed further in January, with sales at clothing stores declining by the most since 2009, which could raise concerns about the economy’s ability to continue expanding at a moderate pace. The Commerce Department said today retail sales...
Airtel offers to pay Rs 10,000 cr by Feb 20, rest before next hearing date
Airtel owes nearly Rs 35,586 crore, including licence fee and spectrum usage charge, to the government
Basf (ETR:BAS) Given a €68.00 Price Target at UBS Group
UBS Group set a €68.00 ($79.07) target price on Basf (ETR:BAS) in a report published on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the basic materials company’s stock. BAS has been the topic of a number of other research reports. Credit Suisse Group set a €66.50 ($77.33) price objective […]
Risks Remain, but Amarin Stock Is a Buy at Today’s Prices
With the competition floundering, Amarin stock could soar if Vascepa lives up to expectations. There's plenty of upside left on the table.
SpiceJet Q3 profit rises to Rs 73.2 cr, operational revenue up by 47%
"This profit is after a non-cash forex charge on account of Ind AS 116 of Rs 75.9 crore without which the profit would have been Rs 149.1 crore," SpiceJet said in a release.
RBS to rebrand as Natwest as bank posts £4.2bn profit under new boss Alison Rose
Royal Bank of Scotland reported profit of £4.2bn for 2019 today, beating predictions as new boss Alison Rose outlined a rebrand of the bank as Natwest.
Kinross Gold: Q4 Performance Puts The Company Back On Track
Kinross Gold reports Q4 2019 results.Higher gold price helps and the company delivers significant operating cash flow.Production guidance for the next year is slightly down from 2019 numbers, but Kinr
Falling Oil Prices An Economic Warning Sign
Global demand has already been falling for the last several months, and oil prices are sending warnings that market hopes for a global reflation are likely not a reality.Falling gasoline prices have h
RBS profit surges, as bank’s new CEO sets climate goal
LONDON, Feb 14 — Royal Bank of Scotland today said its net profit almost doubled last year to £3.1 billion, as new chief executive Alison Rose placed climate at the top of her agenda. Rose said in the earnings statement that she planned also to roughly halve the size of the Edinburgh-based...
The PlayStation 5 could cost as much as $470 as Sony reportedly struggles to keep the cost of parts down
PlayStation insiders said exactly where the company prices the PS5 will depend on where rival Microsoft prices its next-generation Xbox.
3 Big Stock Charts for Friday: Dollar General, IPG Photonics, and American Eagle
In this market, winners have run and losers have stayed stuck. These big stock charts focus on three names in between.
Lime Asset deliberately deceived investors in awareness of losses: FSS
South Korean fund operator Lime Asset Management and its seller Shinhan Investment deliberately duped investors by concealing their losses and continuing the sale of the related products, the watchdog Financial Supervisory Service said Friday. Based on an intermediary inspection and accounting audit, the FSS estimated that two of the disputed parent funds may suffer losses of up to 730 billion won ($617.5 million). ...
Dip In TrustCo Bank's Price Provides Opportunity
Earnings are expected to be unchanged in 2020 due to flat growth in net-interest income. Further, increase in non-interest income is likely to be countered by provisions charge.Quarterly dividend is e
Nasarawa govt suspends Provost, management of COEA
Governor Abdullahi Sule of Nasarawa State has approved the suspension of Dr Rebecca Umaru, Provost College of Education Akwanga (COEA).
Atlanta Fed's GDPNow drops to 2.4% from 2.7% for first quarter of 2020
The real gross domestic product (GDP) in the United States is expected to expand by 2.4% in the first quarter of 2020, the Federal Reserve Bank of Atl
IndiGo to start daily direct flight on Delhi-Dammam route from March 10
The airline will now operate a total of five daily direct flights connecting Dammam with Mumbai, Hyderabad, Kozhikode, Trivandrum and Delhi
Canopy Rivers swings to loss, withdraws guidance on industry headwinds
TORONTO — Canopy Rivers Inc. says it swung to a loss in its third quarter of 2020 and has withdrawn its full-year guidance over multiple headwinds in the cannabis industry. The venture capital arm of Canopy Growth says it had a net loss of $2.
Gas-fired power plant could be built on green belt land
The power plant would be roughly the size of a five-storey building
SpiceJet gets ‘interim offer’ from Boeing
Claims ₹537 cr. citing grounded craft
Govt expects to complete Air India sale in first half of FY21: DIPAM secy
The deadline for submitting the EoI is March 17
Sun TV Q3 PBT drops by 8.12% at Rs 498.46 crore; revenue grows marginally
The subscription revenues for the quarter was up by 18 per cent to Rs 411.85 crore from Rs 349.60 crore for the corresponding quarter ended December 31, 2018
Renault reports first net losses in a decade for 2019 on lower sales
Renault said in a statement it suffered net losses of 141 million euros ($152 million)
Global Investors Meet in November
The Global Investors Meet (GIM) aimed at attracting investments to Karnataka will be held in Bengaluru from November 3 to 5 this year.Union Minister for Parliamentary Affairs, Coal and Mines Pralhad J
Belgrade's Victor Monument Back On Its Pedestal
An iconic monument in Serbia’s capital, Belgrade, has been returned to its familiar place in a city park after months of restoration work. On February 14, workers lifted the Victor monument, known as Pobednik in Serbian, onto its pedestal overlooking the confluence of the Sava and Danube rivers. The statue was cast in 1913 and erected in 1928 as a symbol of Serbia's victories against the Ottoman Empire in the 19th century and the Austro-Hungarian Empire in World War I. The repairs, which were needed after more than 90 years of exposure to the elements, cost more than $200,000.
Canopy Growth says more cost cuts coming as it reports $124M loss
Canopy Growth Corp. is planning further cost cutting as it works to achieve positive cash flow and profitability, the cannabis producer's new chief executive said Friday as it reported a $124.17-million loss in its third quarter of 2020.
Eurostat figures show Ireland still languishes at the bottom for renewable home heating
Ireland continues to be the worst performer in Europe when it comes to using renewable energy for home heating.
Dry spell: Melaka makes available five portable water treatment plants
MELAKA, Feb 14 — The Melaka government will be providing five Portable Water Treatment Plants (PWTPs) costing a total of RM2.2 million which will be placed in five locations in Zone 1 here that is facing water rationing. State Public Works, Transport and Basic Amenities Committee chairman Datuk...
Renault sales and earnings drop in tough market
France's Renault saw its sales and earnings drop last year and says 2020 will be tough due to the need for investment in new technologies just as the market is shrinking.
Pound-to-Dollar Rate Retreats from Greenback but Charts Point Higher
The British Pound vs the US Dollar: GBP/USD News and Conversion Level for Pounds to Dollars
Low prices dash hopes of turmeric farmers
Actual price would be decided after the harvest picks up, says trader
Expensive components drive PS5 production costs to $450 per unit
Retail price of Xbox Series X will be deciding factor in PlayStation 5 price tag
Tesla prices its second offering of stock at $767 apiece
Tesla priced its second offering of stock at $767 apiece Friday.
Vodafone's India operation on brink of bankruptcy after court ruling
India's Supreme Court has rejected an application to delay the payment of billions of dollars in backdated taxes and penalties that bankrupt Vodafone Idea.
Yamana Gold: Digging Into The FY-2019 Report
Yamana Gold reported FY-2019 production results, meeting both cost and annual production guidance, and is expecting similar operating metrics for FY-2020.The company raised its dividend yet again last
Fishermen blame officials for permitting use of banned fishnets
Despite submitting petitions for many years, the officials at the Department of Fisheries have not been taking any tangible action against those using banned fishnets and as a result, the entire fishi
Euro skids to new low ahead of GDP data, dollar shines
LONDON, Feb 14 — The euro eased to another nearly three-year low today as investors worried about slowing growth momentum in the euro zone ahead of an estimate of how its economy performed in the fourth quarter. The European single currency has lost 1 per cent so far this week and is on track for...
Do Not Sell AT&T After The Share Price Rally
In view of the price increases, investors wonder whether AT&T is now overvalued.This question can be approached from different perspectives and the answer depends, as always, on personal strategy.And
Banks' loans rise over 7% in two weeks to January 31: RBI report
Non-food credit rose Rs 1.02 trillion to Rs 100.24 trillion
Boris Johnson's Scotland-Ireland bridge branded `waste of money' by SNP Transport Secretary
Boris Johnson's proposed bridge between Scotland and Northern Ireland has been branded a "vanity project" by Scotland's Transport Secretary who called for the £20 billion  cost to be spent elsewhere.
EUR/USD: Extending losses
US consumer data will be the main focus today following disappointing German economy data, Yohay Elam from FXStreet reports. The EUR/USD pair is tradi
Ramaphosa plan no quick fix for SA’s energy woes
Industry experts are looking for timelines.
Rat stuck in window and decomposing rodent among Walsall hygiene horrors
A rat scurrying across a shop window, dead rodents, filthy cooking equipment and out-of-date food putting lives at risk.
Flood-affected people threaten agitation over unkept promises
Officers admit that additional amount announced by CM yet to be paid to farmers
Yes, that Harriet Tubman debit card is real, and no, she’s not supposed to be doing the Wakanda salute
Harriet Tubman is in fact saying the word “love” in American Sign Language, according to OneUnited, the black-owned bank that made the debit cards for Black History Month.
Emergency Management Southland Keeping Watch On Weather
This is an official message from Emergency Management Southland.
Rupee slips 2 paise to 71.33 against US dollar in early trade
The rupee had settled at 71.31 against the US dollar on Thursday.
Tactical Asset Allocation Views (February 2020)
China and the rest of Asia are likely to see the most pronounced decline in growth for Q1 2020, as economic activity is disrupted from quarantines, factories shutdowns and canceled transportation serv
AUD/USD: Recovery not guaranteed
AUD/USD has been on the rise amid a calmer market mood. However, technically, the pair shows signs of a short-term drop, according to Yohay Elam from
Huawei faces new US charges of IP theft
Huawei denies any allegations of wrongdoing, suggesting charges are politically motivated
Shares step back as hopes of early end to coronavirus fade
Global shares eased on Friday, as investors were spooked by a sharp rise in the number of coronavirus cases in China this week while oil prices ...
EUR/USD Price Analysis: The focus shifted to the 1.0814 level
The sell-off in EUR/USD seems to have met some (lasting?) contention in the 1.0830/25 band, or new 2020 lows recorded during early trade. The increasi
TSX inches higher
Canada's main stock index resumed its upward trend in late morning trading despite decreases in the key energy and materials sectors.
Forbes: Despite losing record, Phoenix Suns' value increases
Despite continuous seasons of losing records on the court, the value of Phoenix Suns increased again this year, according to Forbes, which released its annual list of National Basketball Association valuations this week.
Renault reports first net losses in decade for 2019
French carmaker Renault said Friday it went into the red last year for the first time in a decade on lower sales and a falling contribution from its Japanese partner Nissan.
Salman Khan’s Fan Cycles For 600 Km To Meet The Megastar In Guwahati
Salman Khan has one of the largest fan following and we have often seen his fans doing extreme things for him. From the pool of people surrounding his house to housefull theatres on the release of his
Malaysia's modest GDP growth in line with neighbouring countries: Azmin
KUALA LUMPUR: Malaysia’s modest gross domestic product (GDP) growth of 4.3 per cent last year is considered better than some of its neighbours, said Economic Affairs Minister Datuk Seri Azmin Ali.
Play the Contrarian And Buy the Dip in Under Armour Stock
UAA stock plunged on awful fourth quarter numbers from the athletic apparel maker, but the sell-off feels overdone.
These were the worst performing ASX 200 shares last week
The Blackmores Limited (ASX:BKL) share price was among the worst performers on the ASX 200 last week…
Motorists to pay more for petrol, diesel as import bill rises
NAIROBI, Kenya, Feb 14- Motorists will from mid-night pay more for super petrol after the energy watchdog hiked the price of the commodity by Sh2.67 to Kenya breaking news | Kenya news today |
Microsoft says more than 25 percent of Office 365 licenses now sold through Microsoft 365
Microsoft has a multi-pronged plan to try to move customers of Windows, Office and enterprise mobility = security point products to its M365 bundle.
"Oversold" Pound Sterling finds Buying Interest
It was a sea of green for the British Pound on the global currency performance board at the start of the new week as it rallied against the majority of its peers and confirmed that while there is much anxiety over looming trade negotiations
PM Modi to visit Varanasi on Sunday; to inaugurate over 30 projects
According to the Prime Minister's Office, he would flag off IRCTC's 'Maha Kaal Express' through a video link
EOBI increases pension money from Rs 5250 to Rs 8500 per month
EOBI increases pension money from Rs 5250 to Rs 8500 per month
FG transfers oil assets, OML 98, from PanOcean to NPDC
The Federal Government, yesterday, transferred ownership of Oil Mining Lease, OML, 98 to the Nigerian Petroleum Development Company, NPDC,
Stock investors say Ramaphosa’s speech was too light on details
Market participants will look for answers in the budget speech.
Star fund manager's bet on $4.3 billion worth of Argentine debt is dangerously close to unraveling
Franklin Templeton and its star money manager, Michael Hasenstab, have $4.3 billion worth of Argentine bonds as the country marches towards rest...
Royal Bank of Scotland Group changing name to NatWest Group plc as most customers are in England
THE Royal Bank of Scotland Group announced it was renaming itself NatWest – as most customers are south of the border. The rebranding of the Edinburgh-based plc after 51 years is the first ma…
Nvidia shares surge on signs of machine learning boom
Shares of Nvidia Corp rose 6% on Friday after the chipmaker stunned analysts with strong quarterly results and joined rivals Intel Corp and Advanced Micro Devices Inc in predicting strong demand for chips used in the latest generation of data centers and AI.
DMart OFS: Non-retail quota subscribed 3.4 times
Radhakishan Damani and other promoters of Avenue Supermarts would be selling 2.28 per cent stake or 1.5 crore shares of the company in a Rs 3,500-crore deal.
Black History Month: Check out these black actresses who made history
Barack and Michelle Obama won their first Academy Award at the 92nd Oscars held on February 9. The former first family took home the award for best feature-length documentary for “American Factory”. The award, the first for the couple, comes after the setup of their production company, Higher Ground.Support Pan-African Journalism SubscribeMore about thisMichelle Obama reveals what...
Standard Chartered Joins Forces With Imperial College Business School For New Climate Risk Management Partnership
Standard Chartered, a UK-based multinational banking and financial services company with $688 billion in assets, announced on Thursday it has joined forces with
Price of surgical mask may go up by P2-P4 per piece
The Department of Trade and Industry (DTI) may allow stores and pharmacies to sell surgical masks at higher prices due to the increasing cost of raw materials here and abroad amid the novel coronavirus (Covid-19) outbreak.
South Sudan: Academic suspended over opinion piece
A renowned academic in South Sudan has been suspended over the publication of an opinion piece on the issue of states and their boundaries in the country. The University of Juba has suspended Taban Lo Liyong from his teaching position Read More
Binance Adds 15 Fiat Currency Options for Purchasing Crypto
Binance’s debit and credit card partner Simplex is now offering 15 more fiat currencies that are supported for purchasing Bitcoin, Ether and others.
Exports dip 1.66% in January
The trade deficit was $15.05 billion in January 2019.Imports too declined by 0.75$ $41.14 billion, leaving a trade deficit of $15.17 billion during the month under review
Shore Capital Reaffirms Buy Rating for Frontier Developments (LON:FDEV)
Shore Capital restated their buy rating on shares of Frontier Developments (LON:FDEV) in a research note published on Tuesday, Digital Look reports. Other analysts also recently issued research reports about the stock. Citigroup reissued a buy rating on shares of Frontier Developments in a report on Tuesday. Berenberg Bank reissued a buy rating and set […]
Pfizer Q3 net profit up 5 per cent to ₹139 cr
Drug firm Pfizer Ltd on Friday reported a 5.39 per cent rise in net profit to ₹139.06 crore for the quarter ended December 31, 2019. The company had posted a net profit of ₹131.94 crore for the corres
AGR case: DoT withdraws 'no-coercive order' against telcos after SC slams dept
Lambasting DoT for issuing circular, SC bench head by Justice Arun Mishra dismisses review petition saying there's "no stay" on coercive action against telcos who'll fail to comply with SC order
South African public sector union says wage deal not open for review
Nehawu says the wage agreements are 'sacrosanct'.
Transocean February 2020 Fleet Status Report Analysis
Transocean publishes its new fleet status report.The report contains a number of developments, but most of them have been reported before.There's still absolutely no light at the end of the tunnel for
'Almost a mass psychosis': Tesla's 250% stock rally makes no sense, Bob Lutz says
Bob Lutz has no idea why Tesla stock has rocketed more than 250% in six months.
Sony "struggling" to lower $450 PlayStation 5 price, report claims
Due to high manufacturing costs.
Exports contract for sixth straight month, trade deficit shoots up
While imports contracted by 0.7 per cent, the rate of fall was significantly lower than the 8.9 per cent contraction in inbound trade seen in December
Jetstar ground crew set for 24-hour strike
Jetstar passengers are set to face major disruptions around the country in the coming days as baggage handlers and ground crew plan a 24-hour strike over Jetstar baggage handlers and ground crew are set for a 24-hour strike over the Australian budget airline's current employment proposal.
4 of the biggest news pieces from the ASX200 this week
These were 4 of the biggest news items from the ASX 200 (ASX:XJO) this week. Read how this affected these individual companies.
HUL tops list of ad spenders; Amazon Online India ranks second: Report
Sports platform Dream11 makes it to top 5 in ad expenditure
Standard Life Aberdeen boss Keith Skeoch confirmed as new chair of Investment Association
Standard Life Aberdeen chief executive Keith Skeoch has been appointed as the new chairman of the Investment Association (IA), whose members manage some £7.7 trillion of assets.
RBS changes name to NatWest in bid to shed legacy of bailout
The majority state-owned U.K. bank RBS announced a name change on Friday as it tries to leave behind its near-collapse during the 2008 financial crisis.
Germany’s BaFin Alerts Residents to Nexo – Group
The Federal Financial Supervisory Authority, more commonly known as BaFin, has published a warning on its website this Friday.
Rising garlic price cannot be blamed on coronavirus: Business watchdog
As some suggest the coronavirus outbreak may be behind the sharp rise in garlic prices, the competition watchdog is not having any of it, blaming importers instead.
CPPIB reports 3.6% rate of return after expenses in third quarter
Net assets for the Toronto-based fund manager grew to $420.4 billion as of Dec. 31, up from $409.5 billion at the end of the previous quarter.
Beware of the perils of swimming against the tide
Why the share market and the ocean have much in common, and the lessons we can take from learning not to swim against the tide.
Reform in Saudi Arabia: The Climate-Coffee Connection
The beans that power the kingdom’s coffeehouses, which are hotbeds of talk about social change, are threatened by diminishing water supplies
Biz EOD: No relief for telcos in AGR row; WPI inflation worst in 8 months; CCI defends probe against Amazon
Catch top stories from the world of business and economy with BusinessToday.In's end of day report
Euro Buyers see Best Exchange Rate Since mid-December as Pound Sterling Boosted by Expectations for Increased Govt. Spending under Sunak
The British Pound has advanced against the Euro for six months in a row now and the momentum has taken the GBP/EUR exchange rate back up to 1.20
RBS to slash investment bank, rebrand as NatWest
Royal Bank of Scotland’s new chief executive Alison Rose unveiled a new strategy for the taxpayer-backed bank on Friday, including radically cutting back the size of its loss-making investment bank and renaming the company NatWest, Reuters reports. Rose, the first woman to lead one of Britain’s major banks, is hoping a rebrand will help shift…
Boston Dynamics' Robot Dog Spot Will Soon Start Working on Oil Rigs
Spot, Boston Dynamics' robot dog, is going to begin work on Aker BP's Skarv oil rig. As an attempt to move away from the dangerous roles on oil rigs, the companies are working together to find a safe solution.
Bigg Boss 13: Did Asim Riaz Leave The Show After Taking The Money Bag? Truth BUSTED
Bigg Boss 13 finalist Asim Riaz is known as one of the potential winners on the show. Today, a message from Asim Riaz’s handle was shared on social media asking fans to not believe any rumours that the finalist took the money bag. With many rumours spiralling, Asim’s supporters ask fans to continue voting for their champ and make him the winner
REPORT: PlayStation 5 Price Revealed, Priced Higher Than Sony Wants
Sony is having some difficulty finding a happy middle ground regarding the price of its upcoming next-generation console PlayStation 5.
Top headlines: SC shocker for telcos, wholesale inflation rises, and more
From SC's rejection of telcos' plea for new schedule for AGR payments to wholesale inflation rises to 3.1% in January, here are the day's top headlines
Vodafone’s India venture on brink of collapse after court ruling
Decision means telecoms company must pay billions of dollars in fees by next month
TSMC becomes first Taiwan individual stock added to Global Islamic Indexes
Taiwan’s semiconductor manufacturing giant expects more business opportunities from Middle East
Africa's wealthiest man, Aliko Dangote, acquires additional shares worth $3.99 million in his Cement business
Africa's wealthiest man, Aliko Dangote, has acquired additional shares worth $3.99 million (N1.45 billion) in his publicly-listed company, Dangote Cement.
Calls mount for public, private partnerships to focus on SA's most vulnerable
Partnerships between government and the private sector should focus on creating a conducive environment where citizens could ...
Foreigners Dump Turkish Local Assets by Close to Record Amounts
Turkish local assets were hit last week by one of the largest bouts of foreign disinvestment in the last five years, Deutsche Bank said on Friday. The outflow signaled bearish market sentiment towards Turkey, which has seen the lira weaken in recent
Gun-Free Britain? Nearly 10,000 Gun Crimes Committed in One Year
The number of gun crimes committed in the UK has increased by 27 per cent in the past five years and the number of guns seized has quadrupled
RBS profit surges, as bank's new CEO sets climate goal
Looking to the future, Rose said "climate, and the role we can play in accelerating the transition to a low carbon economy" was among her "initial areas of focus where we can make a substantial impact".
New NIRA board members take oath
Kampala, Uganda | THE INDEPENDENT | The Deputy Chief Justice Alphonse Owiny-Dollo on Thursday presided over the inauguration of the newly appointed board members of the National Identification and Registration Authority (NIRA). The ceremony took place at High Court in Kampala on Thursday. James Biribonwa, former commissioner of the Electoral Commission is the new board chairperson. He will …
Renault plans $2.2 billion 'no taboos' cost cuts after first loss in a decade
PARIS (Reuters) - Renault’s (RENA.PA) first loss in a decade triggered a no-taboos commitment to cut costs by 2 billion euros ($2.2 billion) over the next three years from the carmaker on Friday, as it tries to put the Carlos Ghosn affair behind it.
3 of the best ASX dividend shares to buy next week
Why I think income investors should buy Telstra Corporation Ltd (ASX:TLS) and these ASX dividend shares next week
Calgary's housing market shows growing strength
The market is in better shape than you might think.The latest housing market update from the City of Calgary points to improving economic conditions that put Calgary’s housing market in balan…
US manufacturing output hit by Boeing troubles, slips 0.1%
Excluding the production of airplanes and parts, factory production rose 0.3%.
What every Canadian investor needs to know today
A look at the morning’s market action
Oppo blog: Coronavirus plays spoilsport with Find X2 launch, Reno 3 Pro headed to India
In part III of the Oppo blog, we look at how coronavirus has played spoilsport with the Find X2 launch, and also how Oppo beat OnePlus in India.
Supreme Court orders telcos to clear AGR dues by Mar 17, threatens contempt
The Supreme Court on Friday said the companies and the federal Department of Telecommunications (DoT) were liable for contempt of court
Control and Untitled Goose Game were the big winners at the 2020 DICE Awards
The 23rd annual DICE Awards took place on February 13, with Control and Untitled Goose Game walking home with multiple awards.
CPP Investment Board posts 3.6 per cent rate of return for its third quarter
The Canada Pension Plan Investment Board says it earned a return of 3.6 per cent during its most recent quarter, after expenses.
Eight planes held on lockdown at Heathrow airport amid coronavirus fears
Eight planes were grounded at London's Heathrow Airport today (February 14 2020) after passengers were reported to be displaying symptoms of the deadly coronavirus.
Sebi constitutes municipal bonds development committee
Markets regulator Sebi on Friday said it has constituted a committee which will suggest on policy matters pertaining to development of municipal debt securities and facilitate municipalities for issuance of such bonds. The regulator has constituted
Canopy Growth shares surge after reporting smaller-than-expected loss
To pacify investors impatient for profits, Canopy and its rivals started the year by announcing a wide range of cost reductions
Hundreds more homes at risk of flood as Storm Dennis prepares to batter Britain
‘This one (storm) could be a step up from what we have seen before.'
3 High-Growth Stocks That Could Soar
Redfin, PetIQ, and Beyond Meat all have upcoming catalysts to propel their shares higher.
Parcel of land likely to be returned to Māori at former gateway to Pink and White Terraces
On the western shores of Lake Tarawera, Tūhourangi Tribal Authority ancestors would welcome some of the Rotorua region's earliest tourists, taking them to Te Otukapuarangi - the Pink and White Terraces.
Czech Republuc: Healthy economy – ABN Amro
Anke Martens from ABN Amro summarize the situation of the Czech economy which has good health. EUR/CZK trades at 24.7815 as has fallen since January.
Miami and Atlanta are more vulnerable to aftershocks from WeWork’s woes than cities like New York and San Francisco
Cities most vulnerable to a pullback in the office-share craze sparked by the rise of WeWork aren’t New York and San Francisco, according to a new DBRS...
Royal Bank of Scotland to be renamed after 293 years
The Government-controlled bank will become NatWest Group and agreed to a 5p-a-share special dividend after profits hit £4.2bn last year.
Warren Buffett loses $1 billion in 2 days after Kraft Heinz disappoints again
Warren Buffett took a $1 billion loss as Kraft Heinz stock plunged 11% in two days. Berkshire Hathaway's 27% stake in the food giant shrank in v...
Asian market helps Manulife and Sun Life in latest quarters
Both companies have offices in Waterloo Region
Japan: GDP will see a severe contraction – Westpac
Economists forecast a sharp drop in Q4 GDP for Japan, Westpac Institutional Bank reports. USD/JPY is trading at 109.805 after rising since the start o
LIC Housing Finance asks 14 developers to seek AIF funding
Experiencing growth in the sector, things will improve: MD
Fortis Q3 net loss narrows to Rs 69.32 cr on good show in hospital business
The third quarter of 2019-20 continues to witness earnings growth with margin expansion in the hospitals business
Bitcoin Mining Stock Surges as Chinese Economy Falters
The economic fallout from the Coronavirus is starting to be felt across the world. China’s economy has been the hardest hit but contrary to wider market
CBDT notifies forms for firms to avail lower corporate taxes
The move comes after the government had slashed corporate tax rate last year in September as a measure to boost economic activity. The base corporate tax for existing companies was brought down to 22% from the current 30% while for new manufacturing firms, the tax was reduced to 15 per cent from the current 25 per cent.
IndusInd Bank hits over 3-year low; tumbles 11% in six sessions
The private sector lender's stock was trading at its lowest level since January 10, 2017
Nisus wins Bangalore Juvenile Million
Mr. Vishal Kamal Doctor’s Nisus (Sandesh up), won the Bangalore Juvenile Million, the chief event of the races held here on Friday (Feb 14). The winner is trained by Prasanna Kumar.The results1. SOMAN
Eurozone Prelim GDP arrives at 0.1% QoQ in Q4 vs. 0.1% expected
After Germany flirted with a recession in the final quarter of 2019, the Eurozone economy steadied in the fourth quarter, the latest figures released
Reliance Retail fastest growing globally: Deloitte
Mukesh Ambani-led Reliance Retail has topped the list of ‘50 Fastest-growing retailers globally between FY2013-2018’ in the Deloitte’s Global Powers of Retailing 2020 index. The Indian retailer had r
Irish News editor Noel Doran voted 'best regional editor of the 21st century' in online poll
IRISH News editor Noel Doran has been named best regional editor of the 21st century in an online poll.
Yamana Gold: I Stay Bullish After Q4 Report
Yamana Gold reports Q4 2019 results.Higher gold prices lead to significant cash flow generation.Should gold stay at current levels, the company will have the capacity to further increase the dividend
TRB Ventures targets over RM8bil in property deals this year
KUALA LUMPUR: TRB Ventures Sdn Bhd is targeting over 50 per cent increase in new property sales to 21,000 units worth over RM8 billion this year via its property marketplace platform, MHub.
Royal Bank of Scotland is changing its name to NatWest
The bank's chief executive announced the decision to rebrand while reporting a surge in profits.
MoUs for investment of more than Rs 1 lakh cr are being signed: BS Yediyurappa
Karnataka Chief Minister B S Yediyurappa stated that MoUs for investment of more than Rs one lakh crore at different places in North Karnataka region are being signed. He made the announcement at
AGR order: After SC rap, DoT asks telcos to clear dues by midnight
The DoT, which faced the ire of the Supreme Court for putting on hold recovery of dues from telecom companies, started issuing circle or zone-wise demand notices to firms, an order seen by PTI said
Covid-19 infections: Ministry receives 250 complaints about face masks
KUCHING, Feb 14 — The Domestic Trade and Consumer Affairs Ministry has received 250 complaints concerning face masks in the wake of Covid-19 infections. Its Deputy Minister Chong Chieng Jen said the highest number comprised 181 complaints concerning expensive prices, while the other complaints...
The Australian Dollar Cheers RBA's Optimism but Virus Concerns Tipped to Weigh
The Pound vs Australian Dollar: Latest GBP/AUD Forecasts, News and Analysis
Bike Sharing Program Leaves UCSB
The HOPR Bike Share company has ended its contract with UC Santa Barbara and plans to leave by spring break, reports The Daily Nexus.
Renault reports first net losses in decade for 2019
Renault also took a hit from a decline in the financial contribution of a likewise struggling Nissan
Sony is struggling with PlayStation 5 price due to costly parts: report
Sony is reportedly trying to get flash memory components that are expensive and in short supply due to smartphone manufacturers.
'A smart move': Here's what 4 Wall Street analysts are saying about Tesla's $2 billion common stock offering
Tesla announced on Thursday plans to raise $US2 billion in funds through a common stock offering.
SpiceJet Q3 net profit soars 21% to Rs 78 crore despite 737 MAX troubles
SpiceJet reported growth in air transport services during the December quarter, as segment results for the period almost doubled to Rs 115.05 crore from Rs 58.55 crore from the year-ago period
It's how to hit climate targets that matters
Business has taken the lead in propelling Australia towards net zero carbon emissions by 2050.
EXD: Still Showing Value Compared To The Other Similar Eaton Vance Funds
EXD is still not getting the same love as other Eaton Vance option funds.The strategy switch it embarked on is coming up on being deployed for almost one full year.We are seeing similar returns to its
Belarus leader says Russia insists on merging the two states
The president of Belarus said Friday that Russia insisted on merging the two states during last week's talks on further integrating the countries' economies.
German economy stagnated in fourth quarter
FRANKFURT — Growth ground to a halt at the end of the year in Germany, Europe’s largest economy, as manufacturing remained in a slump and exports fell. The figure underlines the challenge facing the eurozone.
Collect on Rite Aid’s Short-Term Bullishness
My regular readers know I never want to buck the tape, or go against the action in the market, which is why I am recommending a bullish call option on Rite Aid Corporation (NYSE:RAD).
A festival for Pulicat lake
Re-discover the region’s natural and cultural heritage with music, naps and biryani
US: UoM Consumer Confidence improves to 100.9 in February from 99.8
The University of Michigan's Survey of Consumers revealed that the Index of Consumer Sentiment in February improved to 100.9 (preliminary) from 99.8 i
Hero MotoCorp launches BS-VI compliant Splendor+, price starts at Rs 59,600
The company also introduced BS-VI versions of its two scooter models -- Destini 125 and Maestro Edge 125 with price starting at Rs 64,310 and Rs 67,950
PS5 price may be driven up by scarce parts, says report on Sony console
A report in Bloomberg suggests Sony is struggling to set the price on its next-gen PS5 console.
Range Resources: Leverage Risk Climbs Sharply
The credit line may not be available when the company most needs it.Cash flow in the third quarter dropped nearly 50% from the previous year.Fourth-quarter cash flow should continue the pattern of pro
Vodafone faces potential collapse after SC orders telecom firms to pay Rs 1.47 lakh crore in a month
Shares of Vodafone Idea tanked on Friday following the Supreme Court verdict. It plunged 16.67% to Rs 3.75 around 2.30 pm.
United Bancorporation Of Alabama: Annual Update On Alabama's Southern Banking Belle
United Bancorporation of Alabama has exceeded most of our expectations over the last two years. The company's operating performance has benefited from some nonrecurring items, especially awards relate
Untitled Goose Game and Control Clean Up at the 2020 DICE Awards
That darn goose joins the ranks of Breath of the Wild by winning Game of the Year.
Report: The PS5 is so expensive to make, Sony may sell it at a loss
The PS5 reportedly costs as much as $450 a unit to make, due to hardware costs. If it wants to compete with Xbox, Sony may have to sell it for less.
Lumber Is Quietly Rising
Lumber has not followed crude oil and copper.An industrial commodity for construction.Rates in the U.S. favor new home building.Levels to watch in the lumber futures market.The futures are dangerous;
Manipur CM announces state budget estimate of over Rs. 20,000 crore
Biren Singh informed the House that revenue expenditure is estimated at Rs 16,445 crore. As such, the capital outlay is estimated at Rs 3,356 crore, which is an increase of Rs. 397 crore over revised estimates of 2019-20.
Dr M to announce economic stimulus package on Feb 27
KUALA LUMPUR: Prime Minister Tun Dr Mahathir Mohamad will announce an economic stimulus package on Feb 27 to mitigate the adverse external economic impacts brought about by the Covid-19 outbreak.
In Wake of Jewish Delegation’s Visit Saudi FM Denies Any Relations with Israel
King Salman bin Abdulaziz phoned Palestinian Authority Chairman Mahmoud Abbas "to underscore Saudi Arabia’s firm position on the Palestinian cause."
Ag markets turn mostly lower Friday
Investors could remain on the sidelines until the March Prospective Planting Report, one analyst says.
The secret to finding the best ASX shares – breaking all the rules
Let's look at David Gardner’s six rule breaker traits and see how they apply to the best ASX growth shares like CSL Limited (ASX:CSL).
Xiaomi Mi 10 / Pro To Benchmark Against Huawei Mate / P and iPhone
With the launch of the Xiaomi Mi 10 series, the company officially entered the high-end market. So it should struggle against the Huawe P/Mate and iPhone.
Mobile banking, FinTech services under threat as critical upgrade costs soar
Digital mobile banking in Zimbabwe has matured beyond the proof-of-concept stage into mainstream adoption where it is servicing millions, driving local transact...
Netizens cringe as KFC teams up with Crocs to come up with fried chicken footwear
The limited-edition shoes come with an attachable fried chicken charm, which reportedly looks and smells like the iconic fried chicken.
The IMF will Present the Results of its Regular Mission to Bulgaria
The International Monetary Fund will present the results of its regular mission to Bulgaria. Experts have been in the country since February 4, and traditionally, they have had a number of meetings with government representatives, BNB, business and non-governmental organizations.
AutoNation - 2020 Is Shaping Up To Be A Good Year
AutoNation not only easily beat Q4/2019 earnings expectations, but was able to report strength across the board.The company saw higher margins, strong same-store sales and expects this to continue due
Adani group, AAI ink pacts for managing three airports
Adani group, AAI ink pacts for managing three airports Mumbai, Feb 14 ( PTI) Adani Group on Friday inked agreements with the Airports Authority of India (AAI) for the management, operations and development of Ahmedabad, Mangaluru and Lucknow airports. "Today, as we sign the concession agreements for Mangaluru, Lucknow & A'bad with the AAI, its the beginning of another historic journey catering to India's exponential airport infra demands," Adani Group chairman Gautam Adani said in a tweet.
JD.com is Still a Better Pick Than Alibaba Stock
Alibaba's China retail business is slowing and it will likely be hit hard by the coronavirus. That makes JD a better pick than Alibaba stock.
Ramaphosa unveils overhaul of South African energy industry
The government will invite private companies to submit bids to supply additional renewable energy to the grid.
Former Starbreeze executive convicted of insider trading
Overkill's The Walking Dead continues to haunt Starbreeze.
New CEO Appointed For Harraways
Mr Scott is also pleased to advise that Mr Henry Hawkins has been appointed as the new Chief Executive Officer of the Company. Henry brings a wealth of local and international experience, and knowledge of the food manufacturing sector to the Company. Harraways is fortunate to have him in this role as it embarks on its continuing journey of growth, supplying quality products to both the local and export markets.
Digital Turbine Is Likely To Catch A Second Wind
After a strong rally, consolidation set in, and the shares fell back to where they were in the summer of last year.However, we think the elements are in place for the company to recharge growth, drive
OPEC January Production Data
OPEC 14 crude oil production was down 509,000 barrels per day in January.OPEC announced a couple of months ago that Ecuador was leaving the cartel. However, it was still included in January's data.Ira
Capgemini to hire up to 15,000 freshers this year via campus recruitment
At present, 1.2 lakh employees work in the Indian offices of Capgemini. With this, India accounts for more than half of the French IT services company's global strength
Ramaphosa plan is no quick fix for South Africa’s energy woes
President Cyril Ramaphosa’s plans to overhaul the energy industry have some way to go before they provide answers to the nation’s crippling power shortages.
Axfood And ICA 2019 Reports - Dividend Increases
In this article, we'll review both Axfood and ICA-gruppen FY19 results. Both companies increased their dividends for the year, albeit only in the 3-4% range.Both companies provided excellent FY19 perf
Russia: Structural reforms needed to support growth – ABN Amro
Economy outlook for the Russian country improved last year but still lacks the structural ingredients to steam a high growth environment, according to
Trader: Ethereum Can Hit $440 But Indicator Warns Altcoin ‘Overbought’
“Serious resistance” should trigger above $400 as General Strength Indicator suggests Ether is at its most overbought since May 2019.
Thief steals man’s phone, clear out his bank account and takes additional loan
A man has been left totally devastated after his phone was stolen and the thief cleared out his bank account then took a loan with the account. Social media user, Benson, cried out after his father's
Ringgit ends higher versus US dollar
KUALA LUMPUR, Feb 14 — The ringgit closed marginally higher against the US dollar today, tracking the performance of regional peers amid concerns on the Covid-19 outbreak. At 6pm, the ringgit was quoted at 4.1360/1400 versus the greenback from 4.1390/1420 yesterday. FXTM market analyst Han Tan...
Nasarawa college provost suspended, health commissioner takes over
Governor Abdullahi Sule of Nasarawa State has approved the suspension of Provost College of Education, Akwanga, Dr Rebecca Umaru, and other management staff of the institution. A statement issue...
Lonestar Resources: Likely To Be Overwhelmed By Debt Burden And Interest Costs
Lonestar is capable of maintaining production in 2020 while generating a bit of positive cash flow. Its high interest costs prevent it from being able to scale up more though. With debt at 3.9x unhedg
WOAN licence ‘likely’ to be awarded in 2021
President Cyril Ramaphosa reveals licensing of the government-proposed WOAN is likely to be completed sometime next year.
Illegal miners face 2-year imprisonment - FG - The Nation Newspaper
Anyone who engages in illegal mining will face two-year jail term without an option of fine, the federal government has declared...
Nissan shares tumble to ten-and-a-half year low after earnings rout; Renault also suffers
TOKYO (Reuters) - Shares of Nissan Motor Co sank to their lowest in more than a decade on Friday, after deep cuts to the troubled Japanese automaker’s earnings forecast and dividend raised questions about its future profitability.
Anglo takeover becomes Sirius' last hope as alternative falls through
Embattled UK miner Sirius Minerals said today that it had dropped an alternative funding scheme to its takeover by Anglo American as it was unviable.
One in four African children live in conflict zones - Report
According to available data, in conflict situations, girls were far more likely to be raped or fall victim to other forms of sexual abuse than boys.
Beeping power bank in unclaimed bag triggers bomb scare in SC
Security officials said the bag was emptied at an isolated place and it was found that the beep sound was coming out of a power bank.
FTSE 100 ends week lower after week AstraZeneca, RBS results
UK blue-chip shares fell for a second day on Friday after AstraZeneca and RBS reported underwhelming results, while investors remained unsettled because of concerns over the impact of the coronavirus outbreak on the global economy.
Rs 77.94 Crore Mega Food Park, 8 Agro-Processing Clusters To Be Set Up In Tamil Nadu: Deputy CM Panneerselvam
Tamil Nadu government has approved setting up of mega food park and eight agro processing clusters in the state, said Deputy Chief Minister O Panneerselvam.
Counting the homeless
Vernon, Kelowna and Penticton will takes part in the provincial homeless count this spring.
KT Rama Rao hits out at Finance Commission over reduced states devolution
The reduction in devolution to 41 per cent from 42 per cent earlier will lead to an up to Rs 4,000 crore hit to Telangana, Rao told reporters on the sidelines of the NTLF here.
U.N. Seeks Climate Policy Advice from Video Game Players
The United Nations wants engage video game players around the world and ask their advice on future "climate change" policies.
Warren Claims Bloomberg’s ‘Redlining’ Comments Should Disqualify Him from Presidential Race
Democratic presidential candidate Elizabeth Warren on Thursday took direct aim at fellow 2020 contender Michael Bloomberg, saying the former New York City mayor should not be the Democratic nominee because of comments he made several years ago blaming the 2008 housing crisis on banks abandoning racially
Cong’s ‘disappearance’ led to BJP’s defeat in Delhi: Javadekar
The Arvind Kejriwal-led AAP swept the Delhi Assembly polls by winning 62 of the total 70 seats. While the BJP won eight seats, the Congress failed to open its account for the second consecutive election.
Samsung's jailed board chairman has resigned
Lee Sang-hoon was convicted of violating South Korean union labor laws in December 2019, and sentenced to 18 months in prison.
South Sudan ‘ignores reports on oil pollution and birth defects’
Four separate environmental reports seen by journalists have never been released publicly.
AGR fallout: Telecom tariff may go up by 20-25%
Telecom tariffs may go up by 25 per cent, as operators try to recover the money they will pay out for settling the dues related to Adjusted Gross Revenue. The SC order directing the telecom companies
India needs urgent structural reforms: IMF
India urgently needs more ambitious structural and financial sector reform measures and a medium-term fiscal consolidation strategy due to the rising debt levels while ensuring a more accommodative fi
Market Wrap, Feb 14: Sensex falls 202 pts post AGR verdict
Among telcos, Vodafone Idea tumbled over 23 per cent to Rs 3.44 apiece on the BSE post the AGR verdict
Warren Buffett just lost $1 billion in 2 days after Kraft Heinz disappointed again
Warren Buffett lost more than $US1 billion this week after Kraft Heinz stock plummeted 11% in two days.
Jet buyers back Boeing-Embraer deal as Airbus expands reach
SINGAPORE — Some of the world’s biggest aircraft buyers are urging the European Union to clear Boeing’s tie-up with Embraer, fearing Embraer’s commercial aviation business would struggle on its own now Airbus has swallowed its main competitor in regional jets.
2020 Chevrolet Colorado Price Slashed By Thousands
The Chevrolet Colorado has been updated for the 2021 model year with refreshed styling to help it compete w...
Not Too Sweet? 'Sugar Scandal' Rocks Lukashenka's Belarus
Four top executives in Belarus's once-lucrative sugar industry vanished without a trace. Two weeks later, President Alyaksandr Lukashenka announced they were being held by police on suspicion of masterminding what he suggested was the biggest scam the country has ever seen
Market LIVE: After SC AGR order on modification pleas by telcos, RIL, Airtel gain, Vodafone Idea falls
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Bharti Airtel was the top gainer, up 3.54 per cent, followed by Bajaj-Auto, RIL and Sun Pharma. On the flip IndusInd Bank was the top loser.
Govt Hikes Fuel,Adjusts Electricity Prices
The government followed up their January increase on electricity prices by adjusting February prices by...
WTI climbs to fresh two-week highs above $52
The barrel of West Texas Intermediate (WTI) fell below the $51 handle on Thursday but recovered a large portion of its losses to close the day at $51.
#SONA2020: Renewable energy sector celebrates pledge to bid window 5
The South African Wind Energy Association, along with the broader renewable energy sector have welcomed the announcement that bid window 5 will open soon.
Base metals still have demand – TDS
Analysts at TD Securities have confidence in the base metals and expect prices for copper, aluminum and lead heading north. Key quotes “There's still
Kiss and tell: Valentine's Day stories from long-time servers
Valentine's Day: It's traditionally one of the busiest days of the year for restaurants, bars and lounges in Saskatoon.
Double Blessing as Watchman Wins Lavish Home Days After Newborn's Birth
What a fruitful week it has been for a security guard from Burnt Forest as his life changed forever in...
Software Maker Toast Raises Funds at $4.9 Billion Valuation
Toast Inc., which makes point-of-sale technology for restaurants, raised $400 million at a $4.9 billion valuation in a fundraising round led by investors including Bessemer Venture Partners and TPG.
Top Analyst Confirms $100,000 Bitcoin Price Target For End of 2021
A prominent analyst hailing from institutional markets in Europe recently threw his weight behind a prediction that Bitcoin will trade at least as high as $100,000 by the end of 2021
The Witcher Book and Game Sales Are Up 500% on Last Year
Coins, tossed.
Japan: GDP to have turned negative – Standard Chartered
Japan is scheduled to release preliminary Q4 GDP data on 17 February, trade data for January and core machine orders for December on 19 February and C
Renault slashes dividend as Nissan income falls 84%
Carmaker, which owns 43% of Nissan, saw full-year profit miss estimates after sales fall
Vijay Mallya says ED, CBI have been ‘totally unreasonable’
Beleaguered tycoon requests banks to take back 100% of the principal amount
Wirecard quarterly profit strength meets expectations
BERLIN (Reuters) - Payments company Wirecard reported strong quarterly results in line with analyst expectations on Friday and reiterated guidance for core profit growth of 34% this year.
PFD completes afforestation on 250 acres in Murree
LAHORE: The Punjab Forest Department (PFD) has completed forestation of marginal lands stretched on an area of 250 acres in Murree at a cost of Rs51.300 million.The project was started in 2015 wit
Data Shows Bitcoin’s Progression From Retail To Institutional Asset
As Bitcoin matures, a wider range of investors begins to consider the asset as an investment to add to their portfolios. New data shows exactly how
Kevin Smith Is a Little Too Excited About Batman's New Suit
In true Kevin Smith fashion, the director shared a vulgar reaction to the recently released footage of the Batsuit.
Consumer Sentiment Soars on Improved Optimism and Best Income Gains Since 1960
Consumer sentiment climbed again in early February, moving toward the highest level in 15 years. | Economy
Delta unveils 10-year plan to become world's 1st carbon-neutral airline
Feb. 14 (UPI) -- Delta Air Lines, the world's second-largest carrier, announced plans Friday to mount an ambitious 10-year strategy during which it will spend at least $1 billion and become the world's first carbon-neutral airline.
DoT asks telecommunication companies to clear dues before midnight
15 entities owe the Government Rs 1.47 lakh crore
EDS submission on Urban Development Bill calls for stronger environmental safeguards
EDS has filed its submission on the Urban Development Bill. The Bill is a companion piece to last year’s KÄinga Ora - Homes and Communities Act, which established KÄinga Ora as a government developer and landlord. What the Urban Development Bill now seeks to do is to position this entity as an urban development authority and endow it with a suite of powers to enable it to undertake urban development at pace and scale.
Tamil Nadu Budget: AIADMK govt focuses on flagship welfare schemes, education
he Chief Minister K Palaniswami-led government, which has been implementing a slew of welfare schemes announced the formation of a not-for-profit special purpose vehicle to finance and manage the Amma Unavgam, the pet project of Former Chief Minister J Jayalalithaa and allocated Rs 100 crore.
Tesla Sold Shares at Steepest Discount It’s Ever Given Investors
Tesla Inc. investors who got in on Thursday’s share sale received the steepest discount the electric-car maker has offered in its 10-year history as a public company.
Renault plans US$2.2b ‘no taboos’ cost cuts after first loss in a decade
PARIS, Feb 14 — Renault’s first loss in a decade triggered a no-taboos commitment to cut costs by €2 billion (RM9.1 billion) over the next three years from the carmaker today, as it tries to put the Carlos Ghosn affair behind it. As ex-Volkswagen brand manager Luca de Meo prepares to take...
Bill.com: Material Deceleration On The Horizon
Bill.com reported its fiscal Q2 2020 results last week, beating top line estimates and reporting 50% year-over-year revenue growth.Despite an incredible report, revenue growth rates are expected to sl
After Supreme Court rap, DoT orders telcos to clear dues immediately
The order by the DoT has asked telcos to clear dues by 11.59 pm Friday.
Tamil Nadu electorate is now 6.13 crore, up by 13 lakh
Women voters surpass men, 6,497 transpersons in electorate
World Bank questions Uganda’s growth with no jobs
Kampala, Uganda | THE INDEPENDENT | The World Bank has said Uganda should ask hard questions on why the country is growing but not creating enough jobs and people incomes remain stagnant. In the Economic update for Uganda launched on Thursday, the international lender said Uganda’s level of per capita income – that is money …
Expert: Venezuelan Oil Production Currently at 1945 Levels
The oil-rich nation of Venezuela is producing its lowest output of oil in 75 years, according to professor Rafael Quiroz.
Pluralsight: Playing The Value Game
Shares of Pluralsight plummeted nearly 10% after reporting fourth-quarter results, despite beating Wall Street estimates on the top and bottom line.Investors mulled an in-line revenue guidance for FY2
Mike Ashley's Frasers Group joins calls for business rates reform
Mike Ashley's Frasers Group has said that with the British high street on "life support" the Treasury must take action on business rates reform.
Salaries and wages commission develops five-year strategic plan
Ifeanyi Onuba, Abuja The National Salaries Incomes and Wages Commission has developed a five-year strategic plan to enable it achieve its mandate. The Acting Chairman of the Commission, Ekpo ...
Sensex rises over 200 pts; Nifty above 12,200
According to traders, domestic equities advanced tracking significant foreign fund inflow ahead of the release of wholesale inflation data.
Is It Time To Say ‘Goodbye, Vodafone?’ Choice Is Government Takeover Or Bankruptcy
The political cost of offering huge bailouts can be high.
Govt willing to do more beyond Budget to boost growth: Nirmala Sitharaman
Sitharaman said that if required, the government would take more steps beyond Budget announcements.
Philips: High Margin Of Safety And A 10% IRR Make This Medical Imaging Play A Buy
Philips has transformed from an industrial conglomerate to a leader in several fields within the medical technology space.The company is a global leader in the oligopolistic medical imaging space.The
Europe Seeks To Have G20 Tackle Tech Firm Taxation
Europe now wants global financial leaders in the G20 to make taxing digital giants a priority in 2020.
ONGC Q3 net halves on fall in oil, gas prices, output
State-owned Oil and Natural Gas Corp (ONGC) on Friday reported halving of its December quarter net profit after it faced the double whammy of falling oil and gas prices and a drop in production. Standalone net profit in October-December at Rs 4,152
Edelweiss Q3 profit drops 93% to Rs 17 crore; debt-to-equity ratio improves
Consolidated expenditure of the company increased to Rs 2,598.06 crore in Q3FY20 over Rs 2,439.14 crore in Q3FY19.
Abercrombie & Fitch's Restructuring Is Attractive At The Current Price
While searching stocks in the US retail sector, we detected Abercrombie & Fitch fulfills many requirements to increase chances of a successful turnaround.One of them is the clear net cash position, wh
Rational (FRA:RAA) PT Set at €670.00 by Bankhaus Lampe
Bankhaus Lampe set a €670.00 ($779.07) price objective on Rational (FRA:RAA) in a research report report published on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock. A number of other analysts have also recently commented on RAA. Hauck & Aufhaeuser set a €625.00 ($726.74) price target on shares of […]
Most Read articles – Apple silicon, AI investment, Coronavirus
Time to look once again at the five most read articles on ElectronicsWeekly.com that were written in the last week, via the powers of Google Analytics. See what your peers have been reading this last seven days.
Rupee settles 6 paise lower at 71.37 against US dollar
On a weekly basis, the rupee has gained 3 paise.
4 Things Royal Dutch Shell Investors Need To Know In 2020
Royal Dutch Shell is an above-average, quality high-yield stock with a trustworthy dividend.Royal Dutch Shell offers above-average growth potential courtesy of a smart strategic focus on LNG.The valua
Facebook may have to pay more tax, Zuckerberg accepts
Global cross-border taxation rules are set to be rewritten
Odisha govt announces DA hike for employees
CM Naveen Patnaik today announced a hike of 5% DA for government employees.The decision will benefit around 3.5 lakh state government employees
Samsung Electronics board chairman jailed for union-busting activities offers to resign
Samsung Electronics said on Friday that Lee Sang-hoon, the chairman of its board, had offered to resign, without elaborating on a reason.
STMicroelectronics Waiting on the IoT
STM stock has risen 85% over the last six months as it beat analyst estimates and predicted continued improvement in 2020
JPMorgan Chase gives fintechs data access deal deadline
JPMorgan Chase has sent fintechs a letter warning that they will be cut off from retrieving customer information unless they sign up to a new data access agreement, according to Reuters.
India's forex reserves soar to record $473 billion, gold down by $218 mn
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.
Plateau SUBEB opens bid for 130 projects
The Plateau State Universal Basic Education Board (SUBEB) on Friday opened bid for the award of contracts for the execution of 130 projects
No big deal if PM Modi doesn't get holidays: Sena mouthpiece Saamana
PM Modi travels in luxury and expenses run into hundreds of crores, but the common man uses public transport and needs holidays to relax, Saamana said Friday in an editorial.
Mexico City killing: Brutal murder sparks public outrage on gender violence
In this edition, we report on the public outrage over the brutal murder of a young Mexican woman that has highlighted the extent of femicide in Mexico. Plus the latest figures from the World Economic…
SpiceJet shares climb nearly 6% after Q3 results
In the 2018 December quarter, the carrier recorded a profit of Rs 55 crore.
FIH award will act as motivation to do better in Olympics: Lalremsiami
Hockey News: Lalremsiami, international hockey's rising star of 2019, says the award will act as great motivation to serve the Indian women's team better in the up
TN Budget 2020-21: Debt has tripled since DMK regime, says Stalin
Picking holes in the budget presented by Deputy Chief Minister O. Panneerselvam in the Assembly, DMK president and Leader of the Opposition M. K. Stalin on Friday said the State’s debt burden has trip
UK Approves Large-Scale Internet Censorship
Government mandating an outside body to act as a new 'Ministry of Truth'
Facebook - This Cash Machine Keeps On Spitting Out Money
Facebook's cash (and cash equivalents) balance keeps on increasing, exceeding the $50Bn mark (~$55Bn at year end 2020). This is fuelled by strong annual operating cash flow, which has now surpassed th
Farewell to the RompHim, a romper for men that just never caught on
RompHim, the brand that made rompers "for him," is set to shutter after nearly three years in business.
Hitting the target: business tries to break the deadlock on climate
Growing support for a net zero emissions target is heaping pressure on the government and Labor to adopt more ambitious climate policies.
2019 brings first and highest current account surplus since 2001
Turkey achieved a higher-than-expected current account surplus in 2019, its first and highest surplus since 2001, official data showed Friday. Having...
Adani arm, AAI ink pact for 3 airports
Adani Enterprises Limited (AEL) on Friday signed concession agreements with Airports Authority of India (AAI) for operating, managing and developing three airports — Lucknow, Mangaluru and Ahmedabad —
Friday’s Insider Report: Chairman invests $1.2-million in this stock yielding nearly 5%
A look at recent notable transactions
Government willing to do more beyond Budget to boost growth, says FM Sitharaman
Sitharaman said the finance ministry will provide details of the scheme soon
NVIDIA Financial Results Fourth Quarter and Fiscal 2020 - Positive Forecasts Despite Coronavirus
NVIDIA today reported revenue for the fourth quarter ended Jan. 26, 2020, of $3.11 billion, up 41 percent from $2.21 billion a year earlier, and up 3 percent from $3.01 billion in the previous quarter...
Gold in search of a firm direction, stuck in a range around $1575 region
Gold lacked any firm directional bias and oscillated in a narrow trading band around the $1575 region through the early European session on Friday. A
Digix, Developer of First Asset-backed Digital Gold Token, Launches Revamped Marketplace and Website
Digix, the developer of the first asset-backed digital gold token, recently upgraded its online marketplace and website. The company’s new marketplace and dig
The false promise of “renewable natural gas”
It’s no substitute for shifting to clean electricity.
ONGC net profit falls 50% to ₹4,152 crore in Q3
ONGC has reported a ₹4,151.63 crore standalone net profit for the third quarter of financial year 2019-2020. This is 49.75 per cent lower than the ₹8,262.7 crore profit reported in the comparable quar
Pain At The Pump As Fuel Prices Increase In February Review
Super Petrol and Diesel prices have increased by Ksh2.67 and Ksh2.13 in the February 2020 review, the Energy and Petroleum Regulatory Authority (EPRA) has announced.In the review, kerosene price h
Friday’s analyst upgrades and downgrades
Inside the Market’s roundup of some of today’s key analyst actions
Supercar Collector Reveals Insane Cost To Maintain Collection
California-based supercar guru Manny Khoshbin talks openly about how much is costs him to simply provide basic maintenance and storage for his collection.
South African Rand Risks Fresh Depreciation Despite SONA's Positives
The British Pound Sterling vs the South African Rand: Latest GBP/ZAR News and Analysis
Canada: Housing market is back – NBF
Economists at the National Bank of Canada Financial markets summarize the situation of the Canadian housing market which has recovered since a year ag
518 job offers made to 428 students at IIM-Bangalore
Strategy consulting and product management continue to be the most sought after roles, followed by Finance and General Management.
Private firms to invest Rs 3,000 cr in MP, to create 14,000 jobs
The announcement in this regard was made by Madhya Pradesh Chief Minister Kamal Nath during the textile and garment sector round table held here
Flywire Secures $120 Million Through Series E Investment Round Led by Goldman Sachs; Announces Acquisition of Healthcare Technology Platform Simplee
Flywire, a U.S.-based fintech firm that provides global payment and receivables solutions for education, healthcare, and commercial enterprises, announced on Th
Karnataka is aligned with PM Modi’s$ 5 trillion economy aim: CM
Yediyurappa inaugurates Invest Karnataka-Hubballi Conference
S&P affirms India's rating at 'BBB-' with stable outlook
Fiscal deficits have exceeded the government's plan, S&P said, adding it expects limited consolidation over the next few years.
Appreciate Group (LON:APP) Earns Buy Rating from Liberum Capital
Liberum Capital reaffirmed their buy rating on shares of Appreciate Group (LON:APP) in a research note published on Tuesday morning, ThisIsMoney.Co.Uk reports. LON:APP opened at GBX 63.50 ($0.84) on Tuesday. The stock’s 50-day moving average is GBX 59.79. The company has a market cap of $118.33 million and a P/E ratio of 12.96. The company […]
Hidden features you might find on new £20 note
In less than a week, the new polymer £20 banknote featuring artist JMW Turner will be released by the Bank of England.
Rand firmer after Ramaphosa’s speech
The rand was subdued following the delay caused by the EFF.
ED, CBI have been treating me 'totally unreasonably': Vijay Mallya
His lawyers told the British High Court this week that he had been the victim of the airline industry's misfortunes and had no fraudulent intentions behind seeking loans for his now-defunct airline.
Capgemini plans quarterly appraisals for entry-level workforce
To add 25,000 techies this year through mix of campus and lateral hires
Beeping power bank in unclaimed bag triggers bomb scare in SC
The area outside Court 4, which remains usually crowded, was cordoned off for a while
Climate change: Save natural resources
As residents of Washington state, we are lucky to live in a place with an abundance of natural beauty. In the time that I’ve lived here, there has never been...
Big Data is key to creating sustainable travel solutions, say experts
44 per cent of travel technology experts predict that ‘Big Data’ will have the biggest impact on the growth of sustainable travel, according to a survey by Travel Technology Europe. Big Data, which enables patterns, trends, and associations relating to human behaviour and interactions to be identified and analysed, was highlighted alongside a number of other technologies that experts claim can lead to the development of more sustainable travel solutions. “Consider over-tourism for example”, says Rob Golledge, head of communications at Amadeus
Virgin Galactic's record-breaking week doesn't stop short-sellers
Richard Branson’s Virgin Galactic Holdings Inc. may close at another record on Friday after hitting new highs every day this week, but bearish bets are climbing too.
Exports decline by 1.66% year-on-year to $25.97 billion in January
Imports too declined by 0.75 per cent USD 41.14 billion, leaving a trade deficit of USD 15.17 billion during the month under review
AfDB refutes World Bank President’s remarks on Africa’s debt profile
The AfDB responds to World Bank President's David Malpass recent remarks about multilateral development banks contributing to Africa’s debt profile.