Markets

Markets 2 hurricanes roar in Pacific far off Mexico coast
Author: 0 2 hurricanes roar in Pacific far off Mexico coast

So far in July, five named storms have developed in the area. The most likely scenario now is that Hurricane Irwin could fall victim to Hurricane Hilary , rather than the other way around. Gradual strengthening is expected during the next 48 hours. Latest info on Tropical Strom Irwin from the National Hurricane Center . Hilary, which holds the most promise for swell production at this juncture, has looked fairly unimpressive over the last 24hrs while moving along a steady track to the ...

Markets Musical chairsat the White House
Author: 0 Musical chairsat the White House

White House communications director Anthony Scaramucci said Wednesday that he will continue firing people if they are not serving President Trump "honorably". In an interview published Tuesday in the Wall Street Journal , the president was asked about how the Justice Department was handling leaks from anonymous sources in the White House and intelligence agencies.

Markets Lloyds Bank sets aside another £700m for PPI claims
Author: 0 Lloyds Bank sets aside another £700m for PPI claims

The Financial Conduct Authority said £283m of this would be paid to customers after the the bank had acknowledged that when customers fell into arrears, it did not always do enough to ensure their arrears payment plans were affordable and sustainable.

Author: 0 Love Island 2017: whose relationship will last?

Talking to OK! Online and other press after returning to the United Kingdom from the Love Island villa, he said: "At the end of the day, I 100% knew that I felt even when I got in there, that may be the case". Basically all it was'. Although if she's looking to boost her earnings, she could always auction off the heels as there's at least one person we know who is keen to get their hands on the pair...

Markets RBA Chief Says Rate Cut To Stimulate Inflation Risks Financial Stability
Author: 0 RBA Chief Says Rate Cut To Stimulate Inflation Risks Financial Stability

Although that puts it below the RBA's target band of 2%-3%, Lowe's comments suggest the RBA will stick to its waiting game for some time yet. Fed's Yellen noted at the testimony that "the neutral rate is now quite low by historical standards, the federal funds rate would not have to rise all that much further to get to a neutral policy stance".

Markets Twitter sees monthly user growth stall
Author: 0 Twitter sees monthly user growth stall

Despite its appeal among celebrities and public figures, Twitter has struggled to sustain its closely watched user growth even as it invested in features and live content to help draw viewers and boost user engagement. But monthly user growth was offset by "lower seasonal benefits and other factors". Indeed, and as was noted, the stock has been rallying firmly since the company's Q1 report despite expectations for slumping sales.

Markets BMW announces plan for all electric Mini to be made in UK
Author: 0 BMW announces plan for all electric Mini to be made in UK

That's right, ladies and gents! The new MINI will be a variant of the brand's core 3-door Hatch model and go into production in 2019. The company says additional electrified models will be brought to market in the coming years, and beyond 2020, the company's next-generation vehicle architecture will enable further fully electric vehicles.

Markets Tech moguls butt heads over the future of artificial intelligence
Author: 0 Tech moguls butt heads over the future of artificial intelligence

Musk claimed that the " fundamental risk to the existence of human civilization " is threatened by AI. "I have pretty strong opinions on this", Zuckerberg said . The term artificial intelligence , or AI, is used to describe machines with computer code that learns as it goes. He said AI poses a threat to mankind.

Markets AstraZeneca's Imfinzi Drug Combo Fails in Phase III Lung Cancer Trial
Author: 0 AstraZeneca's Imfinzi Drug Combo Fails in Phase III Lung Cancer Trial

One of AstraZeneca's big hopes, a combo of its new I-O med with another experimental cancer drug, has missed a key primary endpoint in first-line lung cancer patients. "I'm not a quitter", Soriot said. Obviously, today's news regarding its drug trial is disappointing, and it would not surprise me if its share price fell further in the short run.

Markets Yes Bank Q1 earnings jump 31.9% to Rs 9.65 bn
Author: 0 Yes Bank Q1 earnings jump 31.9% to Rs 9.65 bn

Total income for the quarter rose 21.48% to Rs 57.86 billion, compared with Rs 47.62 billion for the prior year period. It was earlier reported that two private banks - one of them being Bank of Baroda - and a few other private equity firms had expressed an interest in acquiring Freecharge.

Markets RBI stops printing Rs 2000 notes, focus turns to new Rs 200
Author: 0 RBI stops printing Rs 2000 notes, focus turns to new Rs 200

Till date around 3.7 billion Rs, 2000 have been printed that amounts to Rs 7.4 trillion. Since then Central Bank of India stopped printing Rs 2000 notes. "Almost 14 billion pieces of new Rs 500 notes have been printed so far", this person said. The proposal of RBI to issue 100 crore Rs 2,000 note was turned down by the government, said the report .

Markets Sensex, Nifty retreat from record highs
Author: 0 Sensex, Nifty retreat from record highs

The 30-scrip Sensitive Index (Sensex) of the BSE , which scaled a fresh intra-day high of 32,672.66 points, closed fractionally higher by 0.84 point at 32,383.30 points, from its previous session's close at 32,382.46 points. According to Dhruv Desai, Director and Chief Operating Officer of Tradebulls, the benchmark index Nifty reclaimed the 10,000-milestone led mainly by gains in metal stocks.

Markets Amazon launches Prime Now services in Singapore
Author: 0 Amazon launches Prime Now services in Singapore

The US firm, which has already a sizeable presence in India and Japan, said its Prime Now service in Singapore will guarantee two-hour delivery on thousands of items, including groceries and electronics. A membership program will begin in Singapore soon with more benefits, as Prime Now is meant to be an exclusive service for Amazon Prime members. "Amazon is now late to Asia and will have to work very hard to convince online shoppers to switch with a superior customer experience", Lee said.

Markets Ford second quarter profit grows on tax changes
Author: 0 Ford second quarter profit grows on tax changes

Cubic Asset Management LLC increased its position in General Motors by 0.8% in the second quarter. Franklin Parlapiano Turner & Welch LLC bought a new stake in shares of General Motors during the first quarter valued at about $106,000. during the last around three months, executive have unloaded 139,158 stocks of company shares worth at $4,643,312. corporate executives has an ownership of 0.04% of the firms stock .

Markets Man Shot Dead At Central Station
Author: 0 Man Shot Dead At Central Station

Police have said the incident was not terrorism-related and appealed more people to come forward to testify. Another said that the man had been threatening the florist with the scissors, as well as using them to cut his own face, crying out that he wanted to die.

Markets Oil rally continues, as optimism builds ahead of U.S. supply data
Author: 0 Oil rally continues, as optimism builds ahead of U.S. supply data

West Texas Intermediate crude futures were up 29 cents to $48.17/bbl as of 10:03 a.m. CDT (15:03 GMT) after hitting a high of $48.87/bbl, while Brent crude rose 18 cents to $50.40/bbl, retreating from a session high of $51.06/bbl. In a deal extended to March 2018, some non-OPEC and OPEC states agreed to cut oil production by 1.8 million barrels daily. The EIA reported the inventory data on July 19, 2017.

Markets Oil tanker association ends strike, petrol supply to restart today
Author: 0 Oil tanker association ends strike, petrol supply to restart today

Saad Rafique also directed the Chief Executive Officer (CEO) Javed Anwar to contact Pakistan State Oil (PSO). Earlier, CNG stations made a decision to close down across Sindh for the next 24 hours. While talking to Minister of Petroleum and Natural Resources Shahid Khaqaab Abbasi on telephone, Rafique further said we can not support strike culture.

Markets The Coca-Cola Company Earnings & Price Target Update
Author: 0 The Coca-Cola Company Earnings & Price Target Update

Over the past full-year, shares have performed 15.77%. Trading volume was down 99.24% under the stocks average daily volume. Stock Price: Shares were up 1.53% in pre-market trading at the time of writing. The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 2nd. The dividend was $0.268 per share for the quarter or $1.07 on an annualized basis.