Finance

by | January 11, 2017 | 00:37

Yahoo was once the top search site on the internet, and in 1998 had a chance to buy a company for $1 million that would later become the company we now know as Google. Another analyst believes that Altaba, whose full value is made up mostly of Yahoo's stake in Alibaba , will likely be wound down over time through selling the stakes in Yahoo Japan and Alibaba to investors.

by | January 11, 2017 | 00:35

Morrisons shares leapt more than 4% higher, with the festive sales cheer also sending listed rivals sharply higher. However, this wasn't enough to stop its market share from falling back by 0.1 percentage points to 28.2%. The long-anticipated return to inflation suggests that the speed of growth in the overall market will continue to hasten in 2017, and both consumers and retailers will be looking at ways to avoid increasing the cost of the weekly shop.

by | January 11, 2017 | 00:33

This would also result in much efficient drilling for the company. "Technically speaking, a bottoming formation means the asset has reached a low and could be in the beginning phases of heading higher". Sean Lim, who is keeping a neutral view with positive bias on the oil and gas industry, is cautiously optimistic given that any execution glitch in the production rationalisation will lead to a correction in prices.

by | January 11, 2017 | 00:36

The publication attributes this possibility to the difference in profit generation between YouTube and Facebook , where the latter makes more ad money than the former because it gets to keep all of the profit made. Publishers have previously complained about the lack of earn opportunities from Facebook video. Over the next few months, we're going to be expanding the ad break within live videos.

by | January 09, 2017 | 00:34

They said the BJP is also running a continuous refresher programme for its workers to keep them up-to-date with the latest information on the Modi government's achievements. The BJP, dubbed as pro-Brahmin, baniya and business class party, has turned its focus to the poor, targeting a wider social support base, cutting across caste lines.

by | January 09, 2017 | 00:33

If one were to look at the seat break-up, it is clear that Mayawati is reaching out heavily to the Muslims in Uttar Pradesh. While BSP's first list of 100 candidates released on Thursday contained names of 36 Muslim candidates, Friday's list had names of 22 aspirants from the community that accounts for almost 20 per cent of the state's electorate.

by | January 08, 2017 | 00:33

Snap recruited Pompliano aggressively, according to the suit, luring him away from Facebook by falsely representing Snap's growth, and other things (the complaint is heavily redacted, so it's unclear what those other things were). But he does say that he complained to three top executives that the company was presenting false data to advertisers and others. We don't know the exact details of Snapchat's alleged conflict with Pompliano, as much of the lawsuit is redacted.

by | January 06, 2017 | 00:48

The group said November 30 it would curb nearly 1.2 million barrels a day but that several nations - Libya among them - didn't have to commit due to exceptional circumstances. The consensus forecast was for a smaller draw of 2.0mn barrels, although markets were expecting a larger draw given the API reported draw of 7.4mn barrels.

by | January 06, 2017 | 00:43

Light, sweet crude - West Texas Intermediate - for the February contract was up 0.8 percent to open at $53.71 per barrel. In OPEC's deal from November, the cartel's de facto leader and biggest producer Saudi Arabia pledged to cut 486,000 bpd, lowering production to 10.058 million bpd.

by | January 06, 2017 | 00:37

The specific closures are part of the approximately 100 closings announced last August. "Consumers, who endured a long recession, have turned to low-priced chains like T. The total numbers of stores closed by Sears in the fiscal year will total more than 200, bringing the company to fewer than 1,500 stores - down almost 60 percent from 3,500 locations in 2011.

by | January 05, 2017 | 01:38

The price represents about 1.1 times Shanghai Rural's book value as of December 2015, the Australian bank said. ANZ shares rose 1.7 percent to a 16-month high in morning trade, as the benchmark S&P/ASX 200 rose 1.2 percent. ANZ announced in October it would sell a group of Asian retail banking and wealth businesses to Singapore's DBS Bank, including businesses in Singapore, Hong Kong, China, Taiwan and Indonesia.

by | December 31, 2016 | 00:41

New York City Mayor Bill de Blasio said the city was expecting more than a million people and "we will be ready for them". About 6 in 10 plan to watch the Times Square ball drop, almost all of whom will watch on TV . and hand it over to CNN's Don Lemon and Brooke Baldwin at 12:30 a.m. - who will be reporting from New Orleans. They will also be "paying special attention to houses of worship", O'Neill said, after threats were made regarding attacks on churches.

by | December 30, 2016 | 01:00

ET. US oil prices extended gains on Tuesday in post-Christmas trading, as OPEC and non-OPEC members are set to start curbing output in less than a week to support oil prices. OPEC's coming "implementation of output cuts" is "mitigating the negative impact from rising US stocks seen in the API numbers from yesterday", said Jens Naervig Pedersen, an analyst at Danske Bank A/S in Oslo.

by | December 30, 2016 | 00:59

As the drones descend from the airship, they can fly horizontally toward a specified location "using little to no power", other than what is needed to stabilize them or navigate to the location. An example given in the filing said the invention could be used at sporting events, providing snacks and souvenirs to large crowds. Amazon has dubbed its portable warehouse as an " airborne fulfillment center " or AFC.

by | December 29, 2016 | 00:40

Johansson, 32, edged out her Captain America co-stars Chris Evans and Robert Downey Jr , who tied for second place with 1.15 billion USA dollars (£937.7 million) each. Following Scarlett in second place are her co-stars Chris Evans and Robert Downey Jr . The movie was the only 2016 film for both actors. Actress Amy Adams are in the fifth position with $1.04 billion dollars, thanks to roles in " Arrival " and " Batman v Superman: Dawn of Justice ".

by | December 29, 2016 | 00:40

Such a loss would eclipse the 168 billion yen in net income that analysts had been projecting for Toshiba's current fiscal year through March. The substantial loss relates to a deal done by its United States subsidiary, Westinghouse, who bought a nuclear construction and services business from Chicago Bridge & Iron in 2015.

by | December 24, 2016 | 00:46

On November 8, 2016, Prime Minister Narendra Modi shocked more than a billion Indians with his decision to ban Rs 500 and Rs 1,000 currency notes, referred to as demonetisation. On Wednesday, Gandhi said Modi had accepted suspicious cash payments in the months before winning the 2014 general election. Taking on Chidambaram over his assertion that online transactions could not find wide acceptance in India since almost half of its villages were not even electrified, Modi said "whose faults is ...

by | December 20, 2016 | 00:33

In addition to the interest in the ADCO concession, BP becomes a 10% shareholder in the Abu Dhabi Co for Onshore Petroleum Operations (ADCO), which operates the concession. That would put Abu Dhabi among the company's top 10 shareholders and ahead of Kuwait, which owns a 1.7% stake. ADNOC said it "continues to look for partners to take up the remaining 12 percent stake of the 40 percent earmarked for foreign partners".

by | December 17, 2016 | 00:54

Uber is under fire for rolling out self-driving cars in San Francisco without a permit, which state regulators say is illegal. The Highway Patrol could ticket the cars' drivers for reckless driving or driving with unsafe equipments. Smith said he sympathizes with Uber and other companies that feel California's rules are restrictive, but "nonetheless, I start as a lawyer with 'What is the law?' not 'What do I want the law to be?'" While Uber has plenty of money to wage a legal war against ...

by | December 17, 2016 | 00:49

The Trinamool Congress Party leader said, "I availed the opportunity to express views of the common people". Prime Minister Narendra Modi on November 8 announced the scrapping of the old currency of Rs 500 and Rs 1,000 with the aim of curbing corruption and weeding out black money from the system.

by | December 16, 2016 | 00:39

The long-awaited follow-up to last December's quarter-point increase was near-universally expected by financial markets, reflecting the continuing strong growth in the USA labour market, a rebound in economic growth in the second half of this year, and rising inflation indicators.

by | December 11, 2016 | 01:00

If you haven't heard of the Hatchimal, this is what it does: When a child strokes a Hatchimal egg, it starts to hatch into a bird-like stuffed creature. While additional product will hit retail shelves in November, we anticipate this inventory will also sell out quickly. "We have increased production and a whole new batch of Hatchimals ready to hatch in early 2017 ".

by | December 08, 2016 | 04:04

Investors had largely been expecting a Clinton victory, but quickly pivoted their focus to Mr. Trump's potential policies and sent stocks on a weekslong rally. Its stock jumped $8.60, or 17.9 percent, to $56.60. Its stock shed $1.04, or 7.12percent, to $13.63. Pfizer fell more than 1% and Celgene lost 4%. BAGGED: Handbag and accessories maker Vera Bradley sank after it posted weak results and issued a disappointing outlook for the current quarter.

by | December 07, 2016 | 00:11

Since its 1943 founding in Sweden, IKEA has offered home furnishings of good design and function at low prices. Salaried and hourly staff with one year of experience at the company can claim three months: six weeks at full pay and another six weeks at half pay.

by | December 07, 2016 | 00:05

Apart from Amazon Go, the company is considering a bigger convenience-style store . These are then added to the virtual cart on their app. But it also has longer-term possibilities to save with this project, such as allowing customers to pick up Amazon Prime orders at an Amazon Go store instead of having it shipped to them.

by | December 06, 2016 | 05:27

He was reportedly being treated for severe sleep deprivation at the hospital when a member of the medical staff declared that he needed to be admitted. "Just really exhausted", Jenner said. "Kim is being unbelievable", the source said. Prior to the hospitalization , Kanye had been making headlines for erratic behavior at his latest shows before abruptly canceling the rest of his Saint Pablo tour on Monday.

by | December 05, 2016 | 01:32

The Office for Budget Responsibility, Britain's independent budget forecasters, said gross domestic product would grow by 1.4 percent in 2017, down from an estimate of 2.2 percent made in March, before voters chose to leave the EU. The forecasts for the years following have also been cut to 1.7 per cent in 2018, and 2.1 per cent for 2019 and 2020. The OBR had downgraded its 2017-18 forecast for next year alone from 2.2 per cent to 1.4 per cent, partly because of higher inflation due to ...

by | December 05, 2016 | 01:25

This past weekend, Chiefs' tight end Travis Kelce caught eight passes for 101 yards in Kansas City's OT win. "It was tough to go through". Backup quarterback Austin Davis has taken a smattering of plays with the first-team offense as well.

by | December 05, 2016 | 01:25

On Thursday, the Democratic National Committee blasted Trump, saying in a statement: "Every American job is important, but it's clear that Donald Trump not only got rolled by Carrier, he set a risky precedent that companies can easily shake down taxpayers with the mere threat of outsourcing jobs".

by | December 04, 2016 | 01:32

South Korea's won led losses in Asia. In other words, the meeting is highly unlikely to substantially affect the oil market balance. American crude nudging US$50 a barrel provides further support for the so-called reflation trades, with the U.S.