Markets

Markets AAA releases their 2017 holiday travel forecast
Author: 0 AAA releases their 2017 holiday travel forecast

The estimated total marks the ninth consecutive year of rising year-end holiday travel, growing by 21.6 million since 2005. Nationally, AAA is forecasting 107.3 million people will travel from December 23 to January 1, a 3.1 percent increase from past year and an all-time record for during the year-end holiday period.

Markets Alibaba Dives into Electric Car Firm
Author: 0 Alibaba Dives into Electric Car Firm

Last week, United States auto Major Ford announced it was partnering with China's e-commerce giant Alibaba supposedly "to explore new ways to redefine how consumers purchase and own vehicles, as well as how to leverage digital channels to identify new retail opportunities".

Markets 'Free Shipping Day' is Back This Week!
Author: 0 'Free Shipping Day' is Back This Week!

To mark the promotional holiday, more than 800 retailers will offer free shipping with no minimum purchase requirements, according to the website FreeShippingDay.com. "In some ways, Free Shipping Day is fairly insignificant because so many stores are offering free shipping throughout the month", Sakraida said, "and especially the week before Christmas where we start to see stores offer free or highly discounted expedited shipping".

Markets Brentwood woman laundered $85K for ISIS
Author: 0 Brentwood woman laundered $85K for ISIS

Prosecutors have argued that after going to Jordan to work in the Syrian American Medical Community - a medical organization operating in Syria - the woman returned to the U.S. Federal prosecutors in Suffolk County, New York, argue in the case file that 27-year-old Zumba Shahaz used fake credit cards and loans to raise $ 85,000, which she then attempted to transfer to the organization before attempting to go to Syria to join the ranks of ISIS.

Markets Retail Sales Jumped in November on Strong Holiday Sales
Author: 0 Retail Sales Jumped in November on Strong Holiday Sales

November's results indicate that retail sales for the holiday season - defined as November and December - are on track to meet or exceed NRF's holiday sales forecast for an increase between 3.6 and 4 percent over a year ago. "Improving retail sales number along with United States tax overhaul would help Wall Street major indices to post another record highs ", the analyst added.

Markets Delta Picks Airbus A321neo In USD$12.7 Bn Order
Author: 0 Delta Picks Airbus A321neo In USD$12.7 Bn Order

Airbus picks up an impressive order from Delta today. As of the end of November, Delta was flying a fleet of 196 Airbus aircraft, including 150 A320 Family members, 42 A330 widebodies, and four A350 XWB aircraft. Commerce Department has recommended a preliminary 300% tariff on the import of the jets. "Delta remains a valued customer, and we'll continue exploring ways to best meet their needs in the future", a Boeing spokesman said.

Markets Ryanair agrees to recognise pilots' unions
Author: 0 Ryanair agrees to recognise pilots' unions

Ryanair pilots in Italy who are members of the Anpac trade union were set to strike today for four hours. Portuguese union SPAC said in a statement that it "deeply regrets the failure by management to engage with the pilots' representatives in a meaningful manner".

Markets Oil prices recover on big United States crude stock drawdown, pipeline shutdown supports
Author: 0 Oil prices recover on big United States crude stock drawdown, pipeline shutdown supports

Revisions have been made to data for Nigeria , Germany and Iraq. That 2017 consumption projection in the December STEO report was up from the EIA's 73.06-bcfd forecast for the year in its November report. estimated production growth of 370,000 bpd this year and 790,000 bpd 2018 in the energy watchdog's November report. American output last week rose to the highest in more than three decades, Energy Information Administration said Wednesday.

Markets US jets intercept Russian planes over Syria and fire warning flares
Author: 0 US jets intercept Russian planes over Syria and fire warning flares

The agreement on the so-called de-escalation zones was signed by Russia, Turkey and Iran in May. An Su-35 also flew across the river, and it was closely shadowed by one of the American jets. There's just one problem: according to USA officials in CENTCOM, this first interaction between these two storied fighters never took place at all. "If either of us needs to cross the river for any reason, we're supposed to first deconflict via the line", he said.

Author: 0 Apple iMac Pro Now Available in Malaysia, From RM20,999

In the meantime, it says the new iMac Pro is "an entirely new workstation-class product line designed for pro users with the most demanding workflows". Apple also updated Final Cut Pro X, its professional video editing app for macOS. Standard photos and videos can also be added to VR projects and 360-degree video can be shared directly to popular websites including YouTube, Facebook and Vimeo.

Markets Disney, Fox Deal Could Reportedly Close This Week
Author: 0 Disney, Fox Deal Could Reportedly Close This Week

An acquisition of Fox's assets, including its film studio, cable channels and stakes in Hulu and Sky, would bolster Disney's content offering before rolling out the new service in 2019. Fox shares rose 1.1 percent to $33.66 at the close in NY. Murdoch added, "We are extremely proud of all that we have built at 21st Century Fox, and I firmly believe that this combination with Disney will unlock even more value for shareholders as the new Disney continues to set the pace in what is an exciting ...

Markets Oil Steady After IEA Raises US Output Forecast
Author: 0 Oil Steady After IEA Raises US Output Forecast

The global oil market will likely show a surplus in the first half of 2018, as rising USA supply offsets Opec's discipline in maintaining its production cuts for the whole of next year, the International Energy Agency (IEA) said on Thursday.

Markets Disney finalises deal to acquire 21st Century Fox
Author: 0 Disney finalises deal to acquire 21st Century Fox

In the United States, the widely-anticipated deal will bring together the 20th Century Fox film studio known for hits such as Avatar and Ice Age with Disney's film assets including Pixar , Marvel and LucasFilm's Star Wars franchise. Shares in both Disney and Fox were up almost 1 percent in premarket trading. The entertainment business is going through big changes. "The deal will also substantially expand our global reach, allowing us to offer world-class storytelling and innovative ...

Markets Crude Oil Rallies On OPEC, US Inventories
Author: 0 Crude Oil Rallies On OPEC, US Inventories

Distillate stockpiles, which include diesel and heating oil, fell by 1.4 million barrels, versus expectations for a 902,000-barrel increase, the EIA data showed. A decline in US gasoline, crude oil, or petroleum product inventories could be indicative of a tighter market and send the price of oil higher later in the trading day.

Markets Fall in employment may signal end of jobs boom
Author: 0 Fall in employment may signal end of jobs boom

It was the second consecutive fall, driven entirely by young workers. "Unemployment also fell, but there was a rise in the number of people who were neither working nor looking for a job". Peter Dixon, an economist with Commerzbank, said growth in wages would probably continue to gain speed gradually, but the weakness in the employment figures hinted at trouble ahead.

Markets Peter Kay has cancelled his comeback tour
Author: 0 Peter Kay has cancelled his comeback tour

In a statement the Phoenix Nights star tweeted to his 700,000 followers, he revealed ALL upcoming projects - including his tour - were to be canned due to " unforeseen family circumstances ". Since his last tour back, the dad-of-one - who shares 13-year-old son Charlie with wife Susan Gargan - has been busy working on other projects, including the hilarious Car Share on BBC .

Markets 'She-Ra' Is Being Rebooted For Netflix
Author: 0 'She-Ra' Is Being Rebooted For Netflix

We can't wait to see how 25-year-old comic illustrator and writer Noelle Stevenson translates the show for today's audience. Brendan Hay ( Dawn of the Croods ) and Aliki Theofilopoulos (Phineas and Ferb) are producing; the show doesn't have a release date yet but more news is coming in 2018.

Markets Reuters demands Myanmar release its 2 journalists
Author: 0 Reuters demands Myanmar release its 2 journalists

Kyaw Soe Oo has reported for Reuters since September. "We are outraged by this blatant attack on press freedom", said Reuters president and editor in chief, Stephen J. Two Reuters journalists have been arrested for possessing "important security documents", Myanmar's Ministry of Information announced on Wednesday.