Markets


Nusli Wadia attacks acquisitions made by Tata Chemicals
- December 16, 2016

He also denied allegations that his "actions may put Tata Motors and its future in grave jeopardy and impact the overall morale of the workers, employees and management who have joined a Tata company", saying it was "false and untrue and is conjecture". (more...)
5 held with Rs 3.25 cr in old notes 5 held with Rs 3.25 cr in old notes
- December 15, 2016

These men were staying at Karol Baghs Hotel Taksh Inn, whose owner is also a money exchanger and runs his business in the name of Guru Forex in a shop, said Yadav. The recovered amount was kept in different suitcases and a cardboard box. "Lalit and Bholu are running hawala gang in Mumbai and collecting demonetised currencies from across Maharashtra and returning white money to their clients after charging commission", Yadav said. (more...)
India Wholesale Inflation Eases Less Than Estimate Amid Cash Ban India Wholesale Inflation Eases Less Than Estimate Amid Cash Ban
- December 15, 2016

Data released by commerce and industry ministry on Wednesday showed WPI inflation in November was 3.15 per cent compared with 3.39 per cent in October. The easing of key price indices makes the context favourable for a rate cut by the Reserve Bank of India (RBI) at its next monetary policy review due in February 2017. (more...)
Karnataka-Goa IT Directorate seizes ₹29.86 cr, 41.6 kg gold
- December 15, 2016

With the help of the police and few other inmates of the apartment, the sleuths gained entry into the flat where one room was found to be locked. The Income Tax Department seized Rs 3.57 crore cash on Wednesday from Karnataka and Goa. Income Tax department has seized Rs 1.56 crore, including Rs 1.38 crore in 2,000 rupee notes, from Integral Urban cooperative bank in Jaipur in Rajasthan, say media reports. (more...)
Bill Gates Leads $1 Bln Fund to Invest in Clean Energy
- December 14, 2016

U.S. president-elect Donald Trump reportedly told United States network Fox on Sunday " nobody really knows " if climate change is real. The new fund works to deploy their capital. "This administration likes a good deal", Gates said , adding he's prepared to lobby Trump on making sure America is on the forefront of energy research and development. (more...)
Rick Perry Once Forgot the Name of the Agency He May Lead
- December 14, 2016

Perry was a fierce critic of Trump a year ago before dropping out of the race, calling him "a cancer on conservatism " who offered "a toxic mix of demagoguery and mean-spiritedness and nonsense". Rick Perry, an anti-choice Republican who repeatedly vied for the party's presidential nomination, was offered the top spot at the U.S. Department of Energy, sources confirmed to the Associated Press on Tuesday. (more...)
Waiter Matt Terry lifts X Factor crown Waiter Matt Terry lifts X Factor crown
- December 14, 2016

Who will also be performing? This is certainly a possibility, given that the track was penned by Ed Sheeran, who has written songs for such chart-topping artists as One Direction and Hilary Duff. The X Factor victor was ahead from the beginning - in the opening weeks of the live shows. Popstar Kylie Minogue kicked off the X Factor final in style as she was joined by finalists Saara Aalto and Matt Terry on stage. (more...)
Lionel Richie and Mariah Carey, Norah Jones announce concerts
- December 13, 2016

Tickets can also be purchased at the Quicken Loans Arena Box Office OR at any one of Discount Drug Mart's 58 northern OH locations starting at 10:00 a.m. Tickets for the All the Hits Tour range in price from $27 to $497 plus service charges. Tickets for the joint trek go on sale to the general public starting December 17th at Live Nation . (more...)
Traders Alert: General Motors Company (NYSE:GM) Traders Alert: General Motors Company (NYSE:GM)
- December 13, 2016

BlackRock Group LTD increased its stake in Ford Motor by 1.1% in the second quarter. They are projecting Next Quarter growth of 47.6%. TX boosted its position in shares of Ford Motor by 6.4% in the second quarter. The business also recently declared a quarterly dividend, which was paid on Thursday, December 1st. This represents a $1.52 annualized dividend and a yield of 4.04%. (more...)
Chipotle founder Ells takes over as sole CEO
- December 13, 2016

He will be an adviser to the company until 2017, when he will retire. Ells, 51, also said he would remain board chairman, even as Amalgamated Bank and CtW Investment Group urge fellow shareholders to name an independent chairman to replace Ells as leader of the board. (more...)
Tata Steel UK says working on solution for British Steel Pension Scheme
- December 11, 2016

The future of Tata plants has been in doubt since its United Kingdom business was put up for sale in March. Port Talbot was losing 1 million pounds a day in the financial year ended March but has been making an operating profit since then, thanks to sterling's weakness, higher steel prices and cost-cutting. (more...)
Twenty-First Century Fox approaches Britain's Sky for takeover
- December 11, 2016

Owning Sky would give Fox, whose cable networks include Fox News and FX, control of a pay-TV network spanning 22 million households in Britain, Ireland, Austria, Germany and Italy. That bid collapsed in 2011 when Murdoch's News Corp newspaper business was engulfed in a phone hacking scandal that intensified political opposition, led to a criminal trial, and to the closure of his News of the World tabloid. (more...)
Saudi-Iran rivalries could scuttle tentative OPEC deal Saudi-Iran rivalries could scuttle tentative OPEC deal
- December 10, 2016

The group of 12 oil exporting countries today reached its first deal to cut output since 2008, with Saudi Arabia taking a big hit, Reuters reports . "Assuming OPEC makes good on an apparent production cut deal, U.S. "If Iran, Iraq and Russian Federation create a trifecta of nonparticipation, we believe the Saudis will have no choice but to end the negotiations", Vikas Dwivedi, global oil and gas economist at Macquarie Research, wrote in a note dated Tuesday. (more...)
Recount ends in Michigan after 3 days; ongoing in Wisconsin
- December 09, 2016

In her motion, Stein had argued against a Tuesday ruling by the State of Michigan Court of Appeals in favor of stopping the recount. Donald Trump won Pennsylvania by a count of 2,912,941 to Hillary Clinton's 2,844,705. "A recount as an audit of the election", Goldsmith concluded, "has never been endorsed by any court". The court said Stein, who finished fourth in MI on November 8, didn't have a chance of winning even after a recount and therefore isn't an "aggrieved" candidate. (more...)
Watch Dwayne Johnson and Zac Efron in the 'Baywatch' Movie Trailer Watch Dwayne Johnson and Zac Efron in the 'Baywatch' Movie Trailer
- December 09, 2016

She exposed her bosoms to the fullest in a deep cut gown and thus gave enough pleasure to her fans. Also featuring Jon Bass , Alexandra Daddario, Kelly Rohrbach and Ilfenesh Hadera , " Baywatch " will hit theatres initially in U.S. Well, the trailer for the 2017 seaside flick is out and you'll have to keep your eyes glued to the screen to make sure you don't miss the one shot of Priyanka Chopra . (more...)
Trump strikes back against union leader critical of Indiana deal Trump strikes back against union leader critical of Indiana deal
- December 09, 2016

If United Steelworkers 1999 was any good, they would have kept those jobs in Indiana. [Image by Evan Vucci/AP Images] When talk of a negotiated deal with Carrier meant that more than 1,100 jobs would be saved began floating around, Chuck said some Carrier workers believed that meant their jobs might be spared. (more...)
WikiLeaks' Assange releases statement he gave prosecutors WikiLeaks' Assange releases statement he gave prosecutors
- December 08, 2016

He says the two had consensual sex several times and that he is "certain" she was not asleep at the time in question. On Aug. 20, the woman called Assange from a hospital and asked him to come to take a test for sexually transmitted disease (STD) so that she wouldn't worry about infection, he wrote. (more...)
Oil falls on output cut scepticism, OPEC and Russian Federation output rise
- December 07, 2016

What will also curb a runaway rise in crude prices is that above $50, many shale producers in the USA become viable once again, the report added. International Brent crude oil futures fell 99 cents to trade at US$53.95 a barrel by 1330 GMT while U.S. (more...)
Brokers Add To Their Ratings On Marvell Technology Group Ltd. (NASDAQ:MRVL) Brokers Add To Their Ratings On Marvell Technology Group Ltd. (NASDAQ:MRVL)
- December 07, 2016

The stock failed to get pushed above the $14.21 barrier, the intraday high, after opening at $13.59. Today there are 511,089,000 shares in issue of Marvell Technology Group which are now trading at 14.4 which brings the business's market capitalisation to 7.36B United States dollars. (more...)
Chinese firm buys British pub that state leader visited Chinese firm buys British pub that state leader visited
- December 07, 2016

So much for a quiet pint. The Plough has already become a favourite with Chinese tourists after president Xi's trip for a pint and fish and chip supper with then Prime Minister David Cameron. It wasn't until October 2015, however, when Xi and Cameron graced its bar during the former's state visit to Britain, that the watering hole came on to Chinese radars. (more...)
Japanese company to invest $50B in US, create 50K jobs Japanese company to invest $50B in US, create 50K jobs
- December 07, 2016

S, +1.49%, announced his investment plans in the lobby of Trump Tower, though he didn't provide details. As the founder and chief executive of Softbank, Son controls the USA telecom Sprint. Son said at the time he planned to stay on for another five to 10 years. Shares of Sprint, 82-per cent-owned by SoftBank, reached session highs, at their best level in 2-1/2 years, soon after Son's comments. (more...)
Sioux leader wants to meet with Trump over pipeline
- December 07, 2016

But now, after eight months of protesting the pipeline either in person or in spirit, some OU students are breathing a sigh of relief and preparing for whatever comes next. Many Dakota Access oil pipeline opponents who've gathered for months in a camp in southern North Dakota are committed to staying despite wintry weather and demands that they leave. (more...)
With 4 Games To Go, Giants Offense Needs To Wake Up
- December 06, 2016

The latest, a 24-14 win over the New York Giants at home, has the Steelers looking like the presumptive AFC contender most figured the team would be in early October. Meanwhile, Elliott leads the National Football League in average yards after catch per reception at 12.7, including an 83-yard touchdown in Pittsburgh in Week 10. (more...)
United Kingdom ramps up borrowing forecasts, sees slower growth due to Brexit
- December 05, 2016

Britain's economy has so far largely withstood the shock of the Brexit vote, wrong-footing the Bank of England and nearly all private economists who expected a bigger immediate hit. Philip Hammond has said next year's growth will be below expectations, admitting the Government can no longer deliver a surplus in 2019/20. The UK's deficit will no longer be cleared by 2020 according to this year's Budget statement, with the economy set to be £122bn worse off by that point than previously thought. (more...)
Politician and journalists killed in Finland shooting
- December 05, 2016

Two of the victims were in their early 50s and one was in her mid-30s. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. (more...)
Boris Johnson plays down prospect of European Union payments after Brexit
- December 05, 2016

But he hinted that this would not extend to actually paying to have to access to the common rules of the single market, without any penalties or extra levies. The Observer reported members of May's own party are anxious they could lose the next general election, timed for 2020, if her Brexit push ends up alienating moderate supporters. (more...)
Petition calls for new UK 5-pound bank note to be 'fat
- December 02, 2016

The process involves a small amount of tallow which is found in some soaps and candles and is derived from animal waste products. Since then, a Change.org petition calling for the removal of the animal fat has reached over 100,000 signatures of its 150,000 target. (more...)
OPEC agrees to first oil production cut since 2008
- December 01, 2016

Morgan Stanley said an Opec agreement could boost crude prices by $5 or more. "We are optimistic about the agreements reached and consider today's agreement as historically important", Novak said. The September deal was seen as a victory for Iran . In the United States, analysts polled by Reuters ahead of weekly inventory reports from the American Petroleum Institute (API) industry group later on Tuesday and the U.S. (more...)
Strictly Come Dancing 2016
- December 01, 2016

You and your wonderful professional partner, Katya Jones, entertained me hugely and I, for one, will miss you now your time on Strictly is over. Ed, Ore and Lesley will join fellow celebrities Louise Redknapp, Danny Mac and Daisy Lowe on the 10th anniversary tour, alongside tour host Anita Rani, and the new tour judging panel of Len Goodman , Craig Revel Horwood and Karen Hardy. (more...)
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...)