Markets


Jio Crosses 50 Mn Users, Sets Record With 1K Customers Per Minute
- December 01, 2016

Thanks to unlimited free usage of data and voice call offer; it got the fame and attention of the Indian in a very short span. A TRAI order had earlier said that the offer by Jio 4G should end by December 4. According to the data collected from COAI, Vodafone has 201.90 million and Idea Cellular with 180.25 million subscribers. It is even larger than Airtel's 41 million 3G and 4G subscribers which it had acquired in 6 years. (more...)
Albertsons in advanced talks to buy Price Chopper Albertsons in advanced talks to buy Price Chopper
- December 01, 2016

Golub had been seeking financial partners since last January to support capital requirements involved in the company's ongoing plan to transform the majority of its stores to the chain's new Market 32 format, according to Supermarket News. Earlier this year, Scott Grimmett took over from Jerry Golub as CEO of Golub Corp, the first non-family member run the company. Albertsons declined comment to Reuters . (more...)
Cyber Monday brings in record haul
- November 30, 2016

The vast amount of buying and purchasing items took place on the Internet particularly in mobile phones has set the biggest sales record of the year. This year, its website didn't have any major hiccups as the company spread the promotion to stores and has also been working to upgrade its systems. (more...)
Scotland leader: Keeping EU trade could require independence Scotland leader: Keeping EU trade could require independence
- November 30, 2016

It is the culmination of a two-day visit to Ireland , aimed at strengthening economic links between the two countries. Scotland voted to stay - by 62% to 38% - with every single council area backing the Remain camp. Speaking ahead of the visit, Ms Sturgeon said: "Scotland and Ireland have a long history of co-operation based on our shared values, close historic and cultural ties and the deep links between our people". (more...)
Three things that could still kill Trans Mountain
- November 30, 2016

The company's president said they would not be appealing the court's decision and would instead continue with consultation. The number of tankers passing the Island would increase to 34 a day from five. The project was approved, with 209 conditions, under the Stephen Harper government in 2014. The proposed upgrade had been less controversial than Northern Gateway project . (more...)
NEW INFORMATION: Governor orders evacuation of protest camp NEW INFORMATION: Governor orders evacuation of protest camp
- November 29, 2016

The 1,885km pipeline project is mostly complete except for a segment that is supposed to run under Lake Oahe, a reservoir formed by a dam on the Missouri River. Organisers told a news conference on Saturday at the main protest site where about 5,000 people are camped that they had no intention of moving. While the Standing Rock protests are focused on protecting the tribe's water supply and stopping the desecration of their burial sites, UNESCO passed a resolution last month condemning, ... (more...)
Greece debt deal is 'doable' says top European Union official Greece debt deal is 'doable' says top European Union official
- November 29, 2016

However he said that "the precondition is to have pre-agreement this weekend involving all partners". European Central Bank executive board member Benoit Coeure, who was also in Athens , said Monday there were "serious concerns" about the sustainability of Greece's crushing debt. (more...)
Minimum wage for McDonald's workers part of Hartford group's demands Minimum wage for McDonald's workers part of Hartford group's demands
- November 29, 2016

Organizers for Fight For $15 say that since 2012 their efforts have resulted in higher wages in several states and for workers in large corporations, such as Facebook and Aetna. Organizers said they wanted president-elect Donald Trump, the Republican-led legislatures in Washington, D.C., and state capitals, and state governors to know that "64 million Americans paid less than $ 15 an hour are not backing off their demand for $15 an hour and union rights". (more...)
Charging decision expected in Wayne State officer's death Charging decision expected in Wayne State officer's death
- November 28, 2016

Shanon Banner, a spokesperson for the Michigan State police, said in an email that nationwide, law enforcement officials have been encouraged to maintain a "heightened state of alert". 22, 2016, in Detroit . In 2011, he was charged with two counts of felony assault on a police officer, including one that caused injury. As of this writing, almost 580 people have come together to raise $31,986 for the memorial fund of Wayne State Police officer Collin Rose, who tragically lost his life ... (more...)
Chelsea down Spurs as City, Liverpool keep pace
- November 28, 2016

There was then a 15-minute spell then when Chelsea looked like they could subject Spurs to the type of beating that Manchester United and Everton endured at Stamford Bridge. Spurs struck when Dele Alli, excellent in the first half, sucked David Luiz out from the centre of Chelsea's three-man defence. "Pochettino has touched on it himself, they can't pay the wages and they are stuck in this holding pattern at the moment that Arsenal had for many years waiting to move into a stadium", he said. (more...)
Black Friday online sales hit new high
- November 28, 2016

And with sales figures now in, it would appear that those online sales have surged to a new high. Online spending on Thanksgiving and the following day, known as Black Friday, increased almost 18% to $5.27 billion compared with past year, said Adobe Systems Inc. (more...)
England disappoint with ball after being bowled out on day two England disappoint with ball after being bowled out on day two
- November 27, 2016

The Indians started their first innings with comeback man Parthiv Patel opening the batting with Murali Vijay (12). Ben Stokes was reprimanded by the match referee for using abusive language on a day when England's batsmen blew their chance to take an early grip on the third Test against India. (more...)
Indian Shuttler PV Sindhu loses Hong Kong Open final Indian Shuttler PV Sindhu loses Hong Kong Open final
- November 27, 2016

After Sindhu's loss, all hopes were on Sameer, who was playing his maiden Super Series final. Now ranked No. 3 in the world, Tai will take over the world No. I played well but she played well at the net, she didn't make any mistakes. Sindhu rallied in the second but was unable to establish a rhythm as Tai pulled away in the latter half of the game. (more...)
PM Narendra Modi attends Book Release function to commemorate Constitution Day PM Narendra Modi attends Book Release function to commemorate Constitution Day
- November 27, 2016

Replying to the opposition demands that Prime Minister Modi should be present in the House during the debate, Deputy Chairman of Rajya Sabha P.J. Kurien said: "How can the Prime Minister always sit here". Modi's remark attracted a sharp criticism from the opposition in Rajya Sabha and members demaning an apology from him. He said a notice under rule 267 seeking suspension of business to take up discussion on ban on 500 and 1000 rupee notes has been received from Azad. (more...)
Swiss seen rejecting plan to speed exit from nuclear energy Swiss seen rejecting plan to speed exit from nuclear energy
- November 27, 2016

But since all of Switzerland's nuclear plants have open-ended operating licences, there is no clear cut-off date determining when they should be shut down. The five plants now generate 40% of Switzerland's electricity. The proposal before voters, brought by the Green party , calls for nuclear plants to be closed after a maximum 45 years in operation, and for a ban on construction of any new plants. (more...)
Oil Prices Waver; Market Edgy Ahead of OPEC Meeting
- November 26, 2016

West Texas Intermediate for December delivery slipped 1 cent to $45.80 a barrel at 12:28 p.m. on the New York Mercantile Exchange, after dropping 1.7 percent earlier. He added that OPEC producers will likely support the supply cut decision in the next official meeting on November 30. Production levels for each member country will be decided at the meeting which will be held on November 30 in Vienna, Austria. (more...)
Millions Heading Out For The Thanksgiving Holiday Millions Heading Out For The Thanksgiving Holiday
- November 24, 2016

The company is expecting more than 2.5 million Floridians to travel, up almost 5 percent from a year ago. If you're in a rush to catch a flight, ask the nearest TSA agent which security line is moving the fastest. The navigation app Waze analyzed the data it collected past year and found Thanksgiving Day had the least amount traffic, particularly in the morning. (more...)
Autumn statement 2016: Phillip Hammond to deliver first budget Autumn statement 2016: Phillip Hammond to deliver first budget
- November 24, 2016

In the period until 2012, predictions show borrowing will be £122billion higher than forecast in March's budget. A forecast for the public finances to be back in surplus by the end of the decade was abandoned and in total the new forecasts amount to £122bn of extra borrowing over the next five years compared with the outlook before Britain voted to leave the EU. (more...)
Inc. Reached $4024000 position of Energy Transfer Equity LP (ETE) Inc. Reached $4024000 position of Energy Transfer Equity LP (ETE)
- November 24, 2016

Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Energy Transfer Partners, L.P. (NYSE: ETP) by Sunoco Logistics Partners L.P. 1 Month Ago, shares have been suggested as BUY from 13 and 1 issued SELL signal for the company's stock.9 told as a HOLD the stock. The company's revenue was down -9.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.07 EPS. (more...)
Fantastic Beasts and Where to Find Them
- November 23, 2016

The movie cost $180 million to produce, and kicks off a five-film series based on the wizarding world for its studio, Time Warner Inc.'sWarner Bros. "Doctor Strange" slipped to third from the previous week's top spot, earning $1.35 million between Friday and Sunday for a total of $38.4 million after two weekends on release. (more...)
Amazon Launches Black Friday 2016 Deals Amazon Launches Black Friday 2016 Deals
- November 23, 2016

On Black Friday the store will be offering 25 percent off all gift wrapping. They're even discounting their own products like the Amazon Echo and Tap being marked $40 lower than the original price. We all love instant gratification, so having to wait for an item you purchased online to arrive can be a pain. But there are still problems that stores face during the sale. (more...)
Sensex rallies 170 points on short-covering, Asian cues Sensex rallies 170 points on short-covering, Asian cues
- November 23, 2016

Positive global cues, coupled with short covering and value buying, lifted the Indian equity markets on Wednesday. As per experts, prevailing cash crunch following the government's demonetisation decision has severely impacted the market sentiment. (more...)
'Hail Trump' and Nazi salutes as alt-right leader addresses conference 'Hail Trump' and Nazi salutes as alt-right leader addresses conference
- November 23, 2016

The day-long event of speeches and panel discussions attended by about 200 people was held Saturday in Washington , D.C. Of Breitbart , Trump said it is "just a publication" with a conservative outlook "that has become quite successful". (more...)
Pakistan holds military exercise close to Indian border
- November 22, 2016

The area lies 75 kilometers (45 miles) southeast of India. Showing grief over the death of the seven soldiers, Sharif had said "deliberate escalation of tension along LoC by Indian forces is a threat to regional peace and security". The killing ignited some of the most violent protests in years, and dozens of people have been killed in India's resulting crackdown. The nuclear-armed rivals each claim Kashmir in its entirety, and have fought two of their three wars over its fate. (more...)
Donald Trump cancels meeting with 'failing' New York Times Donald Trump cancels meeting with 'failing' New York Times
- November 22, 2016

Early on Tuesday, the United States president-elect tweeted that he had called off his meeting with what he always refers to as the "failing" New York Times . Trump's meeting with the New York Times was set to follow the discussion he had with executives from the major television networks and their top on-air talent on Monday which ended up playing out "like a f***ing firing squad" a source later told the New York Post . (more...)
Goldman Sachs Quits Blockchain Alliance R3 Goldman Sachs Quits Blockchain Alliance R3
- November 22, 2016

The previous deal involved R3CEV giving out 90 percent of the equity to investors while holding on to the remaining 10 percent stake. Goldman Sachs Group Inc (GS.N) and Banco Santander SA (SAN.MC), both original participants, are not renewing their memberships and not investing in the deal, spokespeople said. (more...)
Higher oil prices lift markets to records — Business digest
- November 22, 2016

The Dow Jones industrial average, Standard & Poor's 500, and Nasdaq composite all set records Monday. All three indexes closed at record highs last week, as did the small-caps Russell 2000. Tom Hayes, President of Tyson Foods , will succeed Smith as Chief Executive Officer on December 31. While tech stocks rose sharply earlier in the week, they retreated on the final trading day of the week. (more...)
Donald Trump Meets with President Obama in Oval Office Donald Trump Meets with President Obama in Oval Office
- November 21, 2016

For that matter, the Obamas and the Trumps did not publicly greet each other outside the White House at all. McConnell described the encounter as "a firstclass meeting."Pence and Vice President Joe Biden also met privately Thursday afternoon, as did Melania Trump and first lady Michelle Obama. (more...)
Government Takes Steps To Boost Cash Supply, Extends Use Of Old Notes Government Takes Steps To Boost Cash Supply, Extends Use Of Old Notes
- November 21, 2016

However, ATMs are unable to meet the high demand of cash in the lower denomination of Rs 100 or the new high-value currency notes. The ATMs of State Bank of India (SBI) will soon start dispensing Rs20 and Rs50 notes, this has been announced by the SBI chairperson Arundhati Bhattacharya. (more...)
Huge 20 billion barrels/oil, 16 trillion cubic feet/gas field discovered in Texas
- November 21, 2016

Such advances "can have significant effects on what resources are technically recoverable", he said. Wolfcamp shale, a continuous oil resources, is found in three different horizontal layers, each with its own composition and up to 1,200 feet thick. (more...)