Tuesday, 16 January 2018
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U.S. regulator approves Bitcoin trading

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Bitcoin futures will begin trading on the Chicago Mercantile Exchange (CME) on December 18, after the exchange group filed a self-certification to the USA commodity regulator CFTC. CBOE contracts will reference bitcoin prices from Cameron and Tyler Winklevoss's Gemini exchange. The filings come as Nasdaq joined the race to corner the bitcoin derivatives market. Read More »

Here's the full list of RBS branches shutting in the North

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Trade union Unite accused RBS of "decimating" the network and "betraying communities". An RBS spokesperson said: "As customers change the way they bank with us, we must change the way that we serve them and this means that some branches will have to close". Read More »

Micromax Bharat 5 set to launch in India today

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As for launch offers, Vodafone is offering 50GB free data for those who purchase the device. - The Bharat 5 borrows most of its design cues from the Bharat 4 , especially on the front. Apparently, the battery is a major deciding factor in the budget smartphone market, and it's nice to see that Micromax has got it right. Micromax Bharat 5 price in India has been set at Rs. Read More »

China November Caixin Manufacturing PMI 50.8 Vs 51.0 in October

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The Manufacturing and Non-Manufacturing PMI report on businesses is based on survey responses indicating the changes in the level of business activities in the current month compared with the preceding month. "Economic growth in 2017 is expected to be higher than past year, but it may come under downward pressure in 2018", the economist said. Poland's Purchasing Managers' Index (PMI) rose to 54.2 points in November from 53.4 points in October, according to Markit, a provider of financial ... Read More »

Australia just switched on the world's biggest battery

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The huge lithium-ion battery is fed from the nearby Hornsdale Wind Farm, and will support the reliability of South Australia's power grid. But not everyone is convinced. Last summer, extreme hot weather as well as storms saw blackouts hit some regions of Australia. Instead, the region gets 41% of its electricity from renewable energy, one of the highest penetrations of wind and solar in the world. Read More »

Wells Fargo & Company (NYSE:WFC) Stake Increased by CFO4Life Group LLC

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Following some medium-term indicators on shares of Wells Fargo & Company ( WFC ), we can see that the 40-day commodity channel index signal is presently Hold while the 50-day Parabolic SAR generates a Buy signal. The rating was maintained by Nomura on Thursday, September 28 with "Buy". Rafferty downgraded it to "Sell" rating and $54.50 target in Wednesday, April 12 report. Read More »

Devils acquire Sami Vatanen from Ducks in 3-player deal

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Vatanen is making $4.875 million against the cap through the 2019-20 season and has four points in 15 games this season after missing almost all of October with an injury. He's played 68 career National Hockey League games , posting eight goals and 26 points. Adam has been a key member of our organization for almost ten years since he was drafted. Read More »

N-Out is opening up to 50 restaurants in Colorado

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The beloved California-based burger chain is making Colorado Springs a new home. In-N-Out lovers, your dreams are coming true! Colorado will soon become part of the exclusive list of states to have In-N-Out Burger restaurants. "Because we are still in the early development phase, we don't yet have a timeline for the construction of either our support facilities or future restaurants". Read More »

Applebee's is offering $1 Long Island iced teas throughout December

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Void where prohibited. For more information on Applebee's Dollar L.I.T., visit applebees .com/dollarteas after December 1 or stop by your neighborhood Applebee's . During the final month of 2017, Applebee's will be offering $1 Long Island Icea Teas through a promotion called (and I'm not making this up) the Dollar L.I.T. Read More »

Analysts Opinions on: Barnes & Noble, Inc. (BKS)

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Los Angeles Capital Management & Equity Research Inc. raised its position in shares of Barnes & Noble by 0.5% during the second quarter. (NYSE: BKS ) or 1.17M shares. The firm has "Buy" rating by Cantor Fitzgerald given on Wednesday, October 7. The firm has "Buy" rating given on Friday, May 26 by ValuEngine. Over the last five days, shares have managed 3.42% gains and now is down -4.01% since hitting its 200-day moving average of $7.29. Read More »

Dow opens above 24000 for first time

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The Standard & Poor's 500 index also finished at a record high, notching its biggest monthly gain since February. Meanwhile, investors also cheered on the country's strong economic data. All three main indexes were on track to end November with solid gains. Stocks are being driven higher by a healthy economic backdrop and by the prospect that policy changes will fatten corporate profits. Read More »

China Warns Of Retaliation After Fresh US Trade Probe

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The aluminum move against China comes less than a month after Trump's first trip to Beijing, during which he heaped praise on Chinese President Xi Jinping and lauded USA business deals with China valued at hundreds of billions of dollars. Aluminum prices are up 25% this year, helped by China's crackdown on illegal smelters as well as production curbs to reduce pollution. But the Trump administration has embraced a more go-it-alone approach. Read More »

American Airlines hit by rostering glitch

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The system glitch allowed more American Airlines pilots to book holiday than should have been permitted. Meanwhile the union which not involved in developing collaborative solutions to this critical holiday scheduling failure , says, "Because management unilaterally created their solution in violation of the contract, neither APA nor the contract can guarantee the promised payment of the premium being offered". Read More »

Achmea Investment Management BV Has $2.59 Million Holdings in Tiffany & Co. (TIF)

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A stabilisation in sales in its all-important USA market and strong demand in Asia helped Tiffany delivered better than expected third quarter results, sending shares in the high-end jeweller higher in pre-market trading on Wednesday. The results offer some hope that business at Tiffany could finally be turning a corner after a rough year. Oppenheimer Holdings Inc. set a $105.00 price target on Tiffany & Co. Read More »

EP is concerned about impact of Brexit on Irish border

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There is undoubtedly an ever-increasing usage of nasty, jingoistic language by certain sections of the Brexit brigade, built on the shaky mythology of past imperial glory and imagined superiority. Whilst agreeing with British ministers and EU negotiators that it is inconceivable for there to be a return to a hard border with the north, Dublin argues that the best way for the United Kingdom to achieve this would be by permanently remaining in a customs union with the EU and seeking single ... Read More »

Crude Oil Price Analysis for November 30, 2017

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Most of the drop can be attributed to a fall in stocks at the Cushing, Oklahoma, delivery hub, which was down by 2.9 million barrels, EIA said. Crude oil prices traded under pressure on Wednesday dropping almost 2%, falling below support near the 10-day moving average at 56.99, which is now seen as short-term resistance. Read More »

BuzzFeed Lays Off 100 as It Shifts Business Strategy

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All of the staff cuts in the US will come from the business and sales side of the company, The Wall Street Journal reports , though some editorial staffers will be impacted in the United Kingdom. The U.K. arm of the company is also affected by the layoffs, with a refocusing on the global and U.K. News beats, and reductions in staff planned across many sectors, including buzz, commercial, news, and administration. Read More »

Nestle refutes charge of using 'ash' in Maggi

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ADM J.K. Sharma, while levying the fines, said that "Ash content in Maggi samples exceeded the prescribed limit of 1 per cent. Maggi is consumed mostly by children and playing with the health of people by providing sub-standard products is something that can not be pardoned". Read More »

Nasdaq Is Said to Plan Bitcoin Futures, Joining Biggest Rivals

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Bitcoin, the world's largest cryptocurrency, went up in a heart beat this week - it was already sitting on $11,000 while updates about it breaking the $10,000 barrier were still rolling in. Billions of dollars worth of bitcoin have been hacked or lost because of the difficulties in keeping the digital currency secure. Bitcoin derivatives will attract more heavyweight investors, which will gradually reduce the cryptocurrency's volatility, and increase its liquidity and ease of exchange ... Read More »

By 2030 Automation Could Eliminate 73 Million Jobs in US

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McKinsey noted that: "Dire predictions about robots taking our jobs are overblown". "I think it's going to be a hard transition", Lund says. Artificial intelligence and machines have already started spreading rapidly with the push for autonomous driving vehicles, software that responds to inquiries by customers and robots able to man assembly lines, check inventory in stores and flip burgers. Read More »