Saturday, 24 March 2018
Latest news
Home » Money


Lufthansa wants to create 'a new Alitalia'


The Italian government further extended the deadline for the sale of struggling flagship air carrier Alitalia, even as reports surfaced that Germany's Lufthansa offered to pay 500 million euros (600 million US dollars) as part of a plan to take control of the Rome- and Milan-based airline. Read More »

Wells Fargo to pay millions after brokers offered products they didn't understand


The stock has a beta value of 0.95. About 16.15 million shares traded. Paradigm Asset Mngmt Co Limited Co holds 0% of its portfolio in Wells Fargo & Co (NYSE:WFC) for 60,500 shares. King Luther Mgmt invested in 1.39 million shares or 0.7% of the stock. Texas Cap State Bank Inc Tx, a Texas-based fund reported 6,683 shares. 243,556 were reported by Brinker Inc. Read More »

Stellar and IBM are Instigating BlockChain Banking in Several Countries

Worldwide technology company IBM has joined forced with blockchain startup Stellar and payments company KlickEx Group to enable high-speed cross-border payments for banks and other financial institutions. The blockchain network contains 12 currency corridors that cover New Zealand, Austalia, Fiji, and Tonga. It is created to augment financial flows worldwide, for all payment types and values, and allows financial institutions to choose the settlement network of their choice for the ... Read More »

Airbus and Bombardier to partner in aircraft programme

Enders said some airlines have been reluctant to purchase Bombardier's plane because of doubts the program would continue. The program's production headquarters will remain in Quebec . "Airbus is the ideal partner for us, Quebec, and Canada", he added. But he later said that by assembling the C Series in Alabama, those planes delivered to US airlines "wouldn't be subject to duties" the Commerce Department has proposed. Read More »

Daimler recalls 400000 Mercedes-Benz cars in the UK


The fault affects the top-selling A, B, C and E class models as well as the CLA, GLA and GLC coupes and sports utility vehicles from the upmarket German car-maker built between November 2011 and July 2017. The cars are considered to be safe to drive, but if the airbag warning light illuminates, drivers are advised to call roadside assistance or a Mercedes centre. Read More »

DCP Midstream Partners LP Stock as Institutional Investors Enter


The stock of Summit Midstream Partners LP (NYSE: SMLP ) has "Buy" rating given on Thursday, July 6 by RBC Capital Markets. Therefore 38% are positive. It is also calculated by a change in gearing or leverage, liquidity, and change in shares in issue. Country Club Trust Na owns 6,592 shares or 0.07% of their USA portfolio. Read More »

Train services suspended for the remainder of the day


All DART, Intercity and Commuter services are now operating. We hope to return services from 19.00 or when we can safely operate our services. "The Aer Lingus London Heathrow flight EI385 landed at Shannon at 4.13pm and a number of transatlantic services with Aer Lingus and Norwegian Air, delayed from earlier today, have been rescheduled for tonight". Read More »

Wholesale inflation falls to 2.6% in Sept as food items soften

The wholesale inflation rate was at 1.36 per cent during September 2016. "A favourable base effect aided the moderation in inflation for fuel and power, despite the recent rise in prices of petrol, diesel, ATF and other fuels". The final print of July WPI inflation remained unchanged from provisional estimate of 1.88 percent. Industry body Assocham said the September rise in WPI, as compared to the same month past year, is in line with expectations based on marginal rise in demand, ... Read More »

Spectrum customers keep MTV, Nick, more as Viacom extends contract talks

Viacom and Charter said they have reached a temporary extension of their carraige deal. Charter Communications is a telecommunications company that provides multichannel video service under the umbrella of the Spectrum brand. Last week, the conglomerate began running messages on its channels in Charter homes, informing viewers that Viacom channels will be taken down unless the cable company agrees to what it says are its very reasonable program licensing terms. Read More »

Nordstrom shelves plans to go private


Suntrust Banks Inc holds 11,321 shares or 0% of its portfolio. The Massachusetts-based Grimes And has invested 0.61% in Nordstrom, Inc . (NYSE: JWN ) for 98,480 shares. So where does Nordstrom's stock go from here? KeyCorp reiterated an "overweight" rating and issued a $55.00 price objective on shares of Nordstrom in a research note on Thursday, September 14th. Read More »

The revolutionary new intercity train now departing . . . is late


The £82 million manufacturing facility has created more than 700 new direct jobs and more at depots across the routes, as well as supporting the United Kingdom supply chain. "We can and will do better". The new trains will operate initially between South Wales and London Paddington, and between Bristol Temple Meads and London Paddington. Read More »

Weinstein Co takes on funds, eyes sale


Amazon Studios, the growing film arm of Amazon, cut ties with the Weinstein company last week and Showtime has threatened to cancel a deal with the company to make Guantanamo , an Oliver Stone film now in development. She said she had been inspired by Weinstein's victims to speak out. The Academy of Motion Picture Arts and Sciences at an emergency session over the weekend voted to expel Weinstein from its organization over the sexual harassment and rape accusations. Read More »

Is PG&E Corporation (NYSE:PCG) A Safe Bet For Investors?


The rating was maintained by BMO Capital Markets with "Hold" on Thursday, July 13. The rating was maintained by Cowen & Co with "Buy" on Thursday, September 21. Jefferies maintained PG&E Corporation (NYSE:PCG) on Wednesday, August 30 with "Buy" rating. Investors sentiment increased to 1.24 in 2017 Q2. Its down 0.05, from 1.5 in 2017Q1. Read More »

Comedian Sean Hughes dies aged 51


Brand described him as "a brilliant comedian". "It's awful, he's a young man". Tributes began pouring in for Hughes, who was one of the youngest comedians ever to win the prestigious Perrier Award. The show also played to crowds in London and throughout the UK, Los Angeles, Montreal, Toronto and Australia. Hughes had a varied career, including a role in hit film The Commitments . Read More »

A first photo of the Razer Phone leak


The smartphone, the image seems to have come from an unnamed insider who works with Razer . To be precise, it captures only part of the rear panel of future trends, which may clearly be considered the company logo in the center and a horizontal dual main camera with led flash and left corner. Read More »

Drone collides with passenger plane above Quebec City airport

The drone that struck the passenger plane last week was following the 3.5-mile restriction, but was flying much higher than legally allowed, hovering some 450 meters (1,500 feet) above the ground. Garneau said his department is taking the incident seriously and is following the situation with airport officials, Quebec City police, NAV CANADA and the Transportation Safety Board of Canada. Read More »

Vauxhall is cutting 400 jobs at one of its United Kingdom plants


Vehicle maker Vauxhall is planning to cut 400 jobs at its Ellesmere Port operation by the end of the year. The Ellesmere Port facility, which produces the Astra model, employs close to 2,000 people. Only 25 percent of the parts used in the production of Astras at Ellesmere Port come from within the United Kingdom, meaning the assembly line is heavily dependent on European Union imports. Read More »

Spain issues Thursday deadline to Catalan leader


Puigdemont last week made an ambiguous announcement, saying he accepted the mandate for " Catalonia to become an independent state" following a banned referendum, in which separatist leaders say 90 per cent opted to split from Spain - even if more than half of eligible voters stayed home. Read More »

Old round British pound coin retired

The production of the new coins follows concerns about round pounds being vulnerable to sophisticated counterfeiters. The new 12-sided coin is created to prevent the creation of counterfeits. Coins down the back of the sofa? However, there will be at least one machine at each of these stations which will accept the new coins. On the opposite side is a new portrait of Elizabeth II, the fifth to decorate a British coin. Read More »

Facebook launches United States food order and delivery service


The company announced Friday that it has partnered with, DoorDash, ChowNow, Zuppler, EatStreet, Slice and Olo to offer users the ability to order meals without having to open each of those individual applications. Accessing this feature is very easy and simple. Facebook combines options from several food ordering services so users do not have to search through multiple places to find what they are looking for. Read More »

Tesla Motors fires hundreds of workers after performance reviews

The maker of the Model S this week dismissed between 400 and 700 employees , including engineers, managers and factory workers, the San Jose Mercury News reported on October 13, citing unidentified current and former workers. Tesla is also expected to unveil a new semi-truck next month, begin volume production of its Solar Roof tiles from its Gigafactory 2 plant in NY, while also ramping up battery cell production for the company's line of Powerwall and Powerpack battery storage solutions. Read More »

COLA HBC (CCHGY) Upgraded at Zacks Investment Research


It has outperformed by 23.39% the S&P500. The legal version of this report can be accessed at 85,472 are held by Asset Mgmt One Ltd. Kj Harrison & Prtnrs holds 10,070 shares or 0.5% of its portfolio. The ex-dividend date of this dividend was Wednesday, April 26th. Read More »

Passengers Fall Ill After Consuming Food On Mumbai-Bound Tejas Express


Railway Ministry Spokesperson Anil Saxena, however, said 22 passengers took ill after consuming breakfast. All the passengers who complaine dof food poisoning were admitted to a Lifecare Hospital at Chiplun in the Konkan region. Responding to the incident, the Indian Railway Catering and Tourism Corporation (IRCTC) said that "all the passengers now hospitalised are out of danger and the same has been confirmed by hospital authorities". Read More »