Markets

US Fed raises interest rates, expects 2 more hikes this year

US Fed raises interest rates, expects 2 more hikes this year

Fed officials expect to raise interest rates at least once more in 2018 and had been split on a possible fourth hike in their last meeting. - Fed funds price in an 81% chance of a 25-bps rate hik...

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Comcast Attempts to Outbid Disney For Fox

Comcast Attempts to Outbid Disney For Fox

Craig Moffett, an analyst with MoffettNathanson, said Judge Leon's opinion will be seen as a green light for Comcast to bid for Rupert Murdoch's Fox, but tipped Disney as the potential victor in a...

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How Donald Trump’s trade war will affect the United Kingdom economy

How Donald Trump’s trade war will affect the United Kingdom economy

The BBC says he has "justified the tariffs by arguing that U.S. steel and aluminium producers are vital to national security and threatened by a global supply glut". The list of US exports that ...

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How To Celebrate National Donut Day

How To Celebrate National Donut Day

National Donut Day was started in 1938 by the Salvation Army in Chicago. Anyone can celebrate the holiday with a free snack, but Rollover Doughnuts is offering a stylish T-shirt for true desser...

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Trump to remove tariff exemption from EU, Canada, Mexico

Trump to remove tariff exemption from EU, Canada, Mexico

The EU had demanded a permanent exemption from the tariffs following a temporary one being granted in April, but the plea has been rejected by US Commerce Secretary Wilbur Ross . amid reports the com...

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Ocado and Kroger in retail technology deal

Ocado and Kroger in retail technology deal

Ocado has signed a partnership with United States grocer Kroger , which will adopt the Hatfield-headquartered company's smart platform to support food distribution activities. Kroger , which is incr...

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The US Senate just voted to save net neutrality

The US Senate just voted to save net neutrality

The measure will now go to the House, where it faces a tough road and the necessity of getting 25 Republicans to join all Congressional Democrats in voting for the bill. FCC Chairman Ajit Pai , part ...

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Uber will end arbitration for victims of sexual violence in ride

Uber will end arbitration for victims of sexual violence in ride

New CEO Dara Khosrowshahi has said he is committed to changing the company's culture to have a new emphasis on accountability and earning trust. Uber will no longer require individual passenge...

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Why Gap Is Apologizing to Customers This Time

Why Gap Is Apologizing to Customers This Time

The company said the product has been pulled from the Chinese market and destroyed. According to social media site Weibo , the map printed on the Gap T-shirt, which is now being sold in Canada , d...

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Sensex Jumps Over 150 Points, Nifty Touches 10750, ICICI Bank Surges 7%

Sensex Jumps Over 150 Points, Nifty Touches 10750, ICICI Bank Surges 7%

Major index gainers were GAIL, Mahindra & Mahindra, ICICI Bank , Axis bank , Hindalco, Tata Steel and Zeel. Sectorally, banks, realty, finance and oil and gas gained the most, with the BSE Banke...

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Comcast Considering Hostile Offer for 21st Century Fox Assets

Comcast Considering Hostile Offer for 21st Century Fox Assets

In December previous year, Walt Disney signed an agreement to buy the film, television and worldwide businesses of Rupert Murdoch's Twenty-First Century Fox in an all-stock deal worth $52.4 billio...

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China's Xiaomi submits HK filing, with big IPO expected

China's Xiaomi submits HK filing, with big IPO expected

Chinese technology company Xiaomi's IPO application has shed light on the company's finances, showing a rebound from declining sales two years ago to current worldwide growth. Under the new rules, f...

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Gibson files Bankruptcy : a new deal of renewing business

Gibson files Bankruptcy : a new deal of renewing business

While filing for bankruptcy is hardly on any business's bucket list, this restructuring deal seems to be a best-case scenario for Gibson's customers. But the purchases drained cash, and earnings plu...

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Intel Corporation (INTC) Sets 52-Week High at $52.73

Intel Corporation (INTC) Sets 52-Week High at $52.73

Qv Investors Inc who had been investing in Intel Corp for a number of months, seems to be bullish on the $246.69B market cap company. Shares of INTC traded down $1.11 on Monday, reaching $51.62. T...

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This Airline Wants To Pay You & A Mate To Travel The World

This Airline Wants To Pay You & A Mate To Travel The World

This could either be two content creators or one content creator bringing along someone he/she wants to go along with on the adventure. From 1 June to 15 August, two winners will be relocated to the...

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Boeing's big gain ends five-day losing streak for the Dow

Boeing's big gain ends five-day losing streak for the Dow

The S&P 500 index rose 4 points, or 0.2 percent, to 2,639. The Nasdaq composite dropped 148 points, or 2.1 percent, to 6,983. On Tuesday, bellwether Caterpillar posted earnings and revenue tha...

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China will continue its support to Pakistan, assures Vice President Wang Qishan

China will continue its support to Pakistan, assures Vice President Wang Qishan

Asif appreciated Uzbekistan's active support for Pakistan's membership of SCO which was finalised during the SCO Astana Summit 2017. Cui said that the first priority of the summit would be to deal w...

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Dow Jones falls over 420 points

Dow Jones falls over 420 points

Facebook's first-quarter revenue is expected to come in at $11.4 billion - a 43 percent spike from the year-ago quarter. The Dow Jones Industrial Average fell 425 points, or 1.74%, to 24,024, the S...

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International Monetary Fund communiqué: Trade, debt seen as threats to global growth

International Monetary Fund communiqué: Trade, debt seen as threats to global growth

The Commerce Ministry in Beijing said Sunday that China welcomes a visit from the U.S.to Beijing to discuss trade issues and confirms it has "received information" regarding Washington's interest in s...

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Summary of Genus plc (LON:GNS) Ratings as of April 21, 2018

Finally, Numis Securities lowered Manx Telecom to a hold rating and dropped their target price for the company from GBX 220 ($3.15) to GBX 200 ($2.86) in a research report on Friday, March 16th. The K...

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Amazon discloses it has more than 100 million Prime members

Amazon discloses it has more than 100 million Prime members

If, over the long run, Amazon decides to club all these services under a common Prime subscription fee (it already clubs most of them), then this figure will be almost the same as the average P...

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OPEC's new price hawk Saudi Arabia seeks oil as high as $100

OPEC's new price hawk Saudi Arabia seeks oil as high as $100

The Energy Information Administration said United States crude supplies fell by 1. 1 million barrels for the week ended April 13, about twice the forecast decline. On Tuesday, prices fell on profit-t...

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IBM Beats Q1 Estimates But Stock Dives 5.7%

IBM Beats Q1 Estimates But Stock Dives 5.7%

National Bank Of Stockton has 0.23% invested in International Business Machines Corporation (NYSE: IBM ). IBM underperformed the S&P 500 by 24.13%. Wedbush Securities maintained its Neutral rating...

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United Kingdom telcos warned not to use ZTE network equipment

United Kingdom telcos warned not to use ZTE network equipment

The FT's report notes that Levy's letter also cites a recent settlement between ZTE and USA officials, in which the Chinese firm agreed to pay a $1.2bn fines for violating U.S. Qualcomm and ZTE...

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UN Chief Warns Further Escalation After US, UK, France Airstrikes on Syria

UN Chief Warns Further Escalation After US, UK, France Airstrikes on Syria

Despite the deadlock in the Security Council, OPCW has said that it would shortly send a team to Syria to "establish the facts" surrounding the incident. During the meeting, Britain's permanent repres...

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Prime Minister inaugurates Defence Expo in Chennai

Prime Minister inaugurates Defence Expo in Chennai

With multiple layers of security in place, Chhattisgarh's Bastar district is gearing up for Prime Minister Narendra Modi's visit on April 14 . The protests also come amid rising awareness and dis...

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Iran fall in Federation Internationale de Football Association rankings

Iran fall in Federation Internationale de Football Association rankings

The team's rise in the latest ranking published on FIFA's official website on Thursday will have been influenced by their performance in two pre-World Cup friendlies last month. Tunisia (14), Senegal ...

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VW to hand unions management board seat in reshuffle

VW to hand unions management board seat in reshuffle

However, it failed to elaborate further on that, or give any details as to what staffing changes could be on the way. Shares in Volkswagen surged in Tuesday afternoon trading, adding as much as five p...

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Asia Ali market mulls impact of US' sanctions on Rusal; responses mixed

Asia Ali market mulls impact of US' sanctions on Rusal; responses mixed

The sanctions are created to stop Mr Deripaska and associated companies from doing business in U.S. dollars and cut him off from any dealings with United States citizens. Privately held companies owne...

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Oil prices slump as China, US trade tensions continue

Oil prices slump as China, US trade tensions continue

Two rallies last week ran out of steam just beyond $71, a chart pattern known as a double top, which is usually bearish. Brent crude -0.20% to $68.19/bbl. In the USA economy, meanwhile, the Labor De...

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Ontario Added 10600 Jobs in March

Ontario Added 10600 Jobs in March

The U.S. economy marked its 90th consecutive month of job growth in March, but the U.S. added fewer jobs than had been expected, with a net gain of only 103,000. The gain lifted the annual increase in...

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RBI keeps key rate unchanged

RBI keeps key rate unchanged

Confession by Facebook that data bandits siphoned details of 5.62 lakh users of the social site and sold it for profit to an organisation that used it for dubious purposes, the Reserve Bank of India ...

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Rupert Murdoch offers to sell Sky News to Disney to appease regulator

Rupert Murdoch offers to sell Sky News to Disney to appease regulator

In a bid to alleviate the CMA's concerns, Fox has recommended either a legal separation and ringfencing of Sky News or selling the news outlet to Disney. Fox said: 'We are aware that a group of politi...

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UK trade minister Fox says would not support longer Brexit transition period

UK trade minister Fox says would not support longer Brexit transition period

What has been agreed so far? . Mrs May's tour began in Ayrshire, Scotland, where she visited a textile factory. May also dodged the question when asked a year ago. And she said she was working ...

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Saudi Arabia to create world's biggest solar power firm

Saudi Arabia to create world's biggest solar power firm

The deal is the first major investment by the fund in Saudi Arabia. "Building will start this year", he added, with operations expected to start from next year. From a year ago, Softbank is planning...

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