Finance

by | March 25, 2019 | 15:26

Jet Airways has posted losses of over Rs 1,000 crore for three consecutive quarters since March 2018. The board also approved the constitution of an Interim Management Committee to manage and monitor the daily operations and cash flow of the company.

by | March 25, 2019 | 11:29

Now, Bostic is emphasizing he hasn't ruled out possible rate hikes later in the year, citing inflation or labor market decline as two data points that could trigger rises. The position would give him a vote at the policy-setting table of an institution whose interest rate hikes previous year were a frequent target of Trump's ire.

by | March 24, 2019 | 21:25

Treasurys are, once again, proving to be a buy at nearly any price. The 3-month and 10-year spread is the Fed's preferred measure of the Treasury yield curve as it shows the strongest historical correlation between curve inversion and a forthcoming recession.

by | March 24, 2019 | 19:25

IHS Markit, which published the surveys, said the PMIs pointed to first-quarter economic growth of 0.2 per cent in the euro zone, below the 0.3 per cent predicted in a Reuters poll last week. "The protracted weakness in manufacturing remains a lingering risk, and overall growth concerns are likely to intensify should the industrial backdrop further deteriorate".

by | March 24, 2019 | 17:12

Lumpkin told FOX 8 that they always enjoy visiting that particular Petco location and intend to bring Oliver back in the future. "That is Awesome! I've seen a pot-bellied pig, a goose, and an alligator in our store", wrote one Petco employee in the comments section." Wow! Oliver the African Watusi paid a visit to a Petco in Atascocita, Texas (about 25 miles northeast of Houston) where he was met with "open arms".

by | March 24, 2019 | 14:24

General Motors CEO Mary Barra on the automaker's plans to build an electric vehicle plant at a plant in Orion, Michigan, President Trump's criticisms of the company's decision to close a plant in Lordstown, Ohio and the company's commitment to jobs in America.

by | March 24, 2019 | 14:14

Two hours later, however, Erdogan paused his speech at an election rally in the central province of Konya so that the audience could watch the video footage of the shootings that the alleged gunman had broadcasted on Facebook on March 15.

by | March 24, 2019 | 10:23

The market has remained flat from 2013 to 2018, but is expected to grow at a compound annual growth rate of 2 percent until 2023 if prices remain at 2018 levels. The line-up also includes photo-posting app Pinterest and business messaging app Slack. The Haas family will retain 80% of voting control of the public company.

by | March 24, 2019 | 09:41

We were able to access the mobile-only plan details through Netflix India sign-up process. The Los Gatos, California-based company on Thursday confirmed the existence of the plan, however it pointed out that the mobile-only plan is just a test and "not a rollout".

by | March 24, 2019 | 05:39

Powerball games start at $40 million and the payout increases each drawing until someone wins the jackpot. "A lot like the flowers in the southwest, this $625 million Powerball jackpot is a spectacular super bloom", said David Barden, Powerball Product Group Chairman and New Mexico Lottery CEO.

by | March 24, 2019 | 01:10

It was so promising that the company was running two phase three trials simultaneously, said neurologist Dr. Richard Isaacson, who directs the Alzheimer's Prevention Clinic at Weill Cornell in NY. Samsung BioLogics, however, said the company suffered no damage. Despite those failures, there had been hope that aducanumab was one of the best chances of showing an impact after mid-stage trials showed evidence that it could stabilise cognitive decline.

by | March 23, 2019 | 21:23

Levi's went public in 1971 but was taken private 14 years later by the founder's descendants. Bergh also has created buzz with partnerships with celebrities like Justin Timberlake while increasing Levi's marketing at events like Coachella, where Beyonce performed in the brand's cut-off shorts.

by | March 23, 2019 | 18:16

The products will be available in 800 CVS locations in Alabama, California, Colorado, Illinois, Indiana, Kentucky, Maryland and Tennessee, NBC News reports . This announcement comes just a few months after the passage of the 2018 Farm Bill , which legalized the cultivation of industrialized hemp and hemp-derived CBD.

by | March 22, 2019 | 22:28

During the weekend, Trump demanded that GM reopen the plant or sell it, criticized the local union leader and expressed frustration with CEO Mary Barra. The Orion Township plant is slated to begin building a new generation of electric and self-driving vehicles, using GM's dedicated BEV3 architecture, but not until 2023, a third source said.

by | March 22, 2019 | 19:14

Ford Motor plans to allocate approximately $900 million to build electric and self-driving vehicles in MI. CEO Jim Hackett is leading an $11 billion overhaul of Ford, which saw net income fall by more than half a year ago. The moves, announced the same day Donald Trump visited an Ohio tank plant, follows the president's sharp criticism of General Motors Co. for idling a auto factory in Lordstown, Ohio.

by | March 22, 2019 | 05:27

Facebook is also building a tool where users can search for and view all current housing ads in the United States targeted to different places across the country, regardless of whether the ads are shown to them. Social network to stop allowing advertisers to select race , gender or age group for ads. "This type of discrimination that we thought was stamped out in the sixties and seventies by our civil rights laws should not be given a new life in the digital era, " said Galen ...

by | March 21, 2019 | 11:41

Although no one won the jackpot prize on Wednesday night, there was one victor from Florida who matched five of the winning numbers and the Power Play to win two million dollars, the lottery website states. N.J. victor of $273M Mega Millions jackpot hunted for a job for a year. The last victor to claim a Powerball prize was a man from Nebraska. The twice-weekly Powerball lottery has gone 21 drawings without a jackpot victor.

by | March 21, 2019 | 09:00

The tech giant abused its market dominance by restricting its rivals from placing their search adverts on third-party websites, the European Commission said in a press release . Wednesday's fine was Google's third from the alliance in the past two years. Google included the conditions in contracts that covered how its brokered ads would appear in search tools that are commonly embedded on newspapers, blogs, travel companies.

by | March 21, 2019 | 08:39

Powell said during his "60 Minutes" appearance that he sees no immediate sign of a recession looming and that the current expansion - now just a few months from becoming the longest in USA history - could still have a ways to run. American's central bank said there would be no interest-rate rises in 2019. The technology-heavy Nasdaq was down 0.2 percent. US Government Bonds also have the highest income yields in the G7 by a significant margin, potentially making their expected total returns ...

by | March 21, 2019 | 06:10

Two players in NY won $1 million by matching the first five numbers, according to the Powerball site. The Mega Millions jackpot for the March 19 drawing is $45 million. The jackpot would be the 8th largest in the game's history and the 14th largest in USA lottery history if someone hits the big prize. The Powerball jackpot was won eight times a year ago, including once in New Jersey .

by | March 20, 2019 | 14:58

He was awarded $US289 million, but that was later reduced to $US78 million. Bayer in a statement said it was disappointed with the jury's initial decision. Hardeman's attorneys first had to convince jurors that using Roundup was a significant factor in his cancer before they could make arguments for damages.

by | March 20, 2019 | 10:45

The US Securities and Exchange Commission has issued a 15-page rebuke to Mr Musk's claim that it was unfairly trying to silence him, saying his defence "borders on the ridiculous", and has asked for the billionaire to be held in contempt of court.

by | March 19, 2019 | 08:14

Anil Ambani got newer businesses such as telecom, power generation and financial services. Repeated failures to pay and Ambani's personal guarantee landed him in trouble last month, with the top court giving him a month's notice to comply or spend time in prison .

by | March 18, 2019 | 20:29

President Donald Trump is demanding action for the Lordstown GM facility for a third day on Twitter . "Stop complaining and get the job done!" The Ohio plant employed about 1,400 hourly workers . Ohio Gov. Mike DeWine, a Republican, last week expressed doubts GM will reopen its Lordstown plant, but he said the automaker indicated it's in talks with another company about using the site.

by | March 18, 2019 | 16:52

The figures revealed that, only in February, OPEC lowered crude extraction by 221,000 barrels per day compared to January, to 30,549 million barrels per day. Opec forecasts non-member producers to boost output in 2019 by 2.24 million bpd, 60,000 bpd more than expected previously. The WTI Crude Oil market broke higher during the week, clearing the little bit of resistance that we have been involved with for the last several weeks.