Finance

Zimbabwe parliament has received motion to remove Mugabe: Speaker

Zimbabwe parliament has received motion to remove Mugabe: Speaker After Mnangagwa fled overseas, the army took over the country and placed Mugabe under house arrest - provoking amazement and delight among many Zimbabweans as his autocratic reign appeared close to an end. Before Mugabe's speech, Mnangagwa was named as Zanu-PF's new leader and candidate for the 2018 general elections. Although the military leaders, led by General Constantino Chiwenga, have put... [Full Article...]

Analytical Preview of Valero Energy Corporation (VLO)

Barclays Capital maintained the shares of VLP in report on Friday, August 7 with "Overweight" rating. As per Friday, March 10, the company rating was upgraded by Stifel Nicolaus. The Firm operates through two divisions: Data Center and Network Services, and Cloud and Hosting Services. Whereas, firm has insider ownership was declared as 32.43% and Insider transaction was recorded recently as 0.01... [Full Article...]

Chinese internet giant Tencent surpasses Facebook in valuation

Chinese internet giant Tencent surpasses Facebook in valuation The value of the Chinese company surpassed that of Facebook, which as of the close of the markets Monday in the USA sat at $519.5 billion. The company went public in Hong Kong in 2004 at 3.70 Hong Kong dollars per share. While Tencent may not be a household name in the United States, it's continuing to push into new areas, including making big investments in America. [Full Article...]

Govt looking at cutting GST rates on white goods

Govt looking at cutting GST rates on white goods In the biggest GST rejig, tax rates on over 200 items, ranging from chewing gum to chocolates, to beauty products, wigs and wrist watches, were cut to provide relief to consumers and businesses amid economic slowdown. Passing on the benefits of the recent reduction in GST rates to the consumer, home-grown FMCG company, Dabur has announced a reduction of 9% in prices of existing stocks across categ... [Full Article...]

Nebraska gives new life to Keystone XL

Nebraska gives new life to Keystone XL The chairman of a Native American tribe in South Dakota says members are "highly disappointed" Nebraska regulators approved the proposed Keystone XL oil pipeline after an oil spill near the tribe's reservation. Jane Kleeb, heads the pipeline opposition group Bold Alliance. "The promised jobs won't result", she says. "All new pipelines from Alberta, including Kinder Morgan's expansion project t... [Full Article...]

Bitcoin is falling after a $31 million crypto heist

Bitcoin is falling after a $31 million crypto heist The company that converts fiat currency to token said Monday that a hacker snatched $30 million worth of its tokens. Tether's cryptocurrency, the USDT, is pegged to the US dollar . "Yesterday, we discovered that funds were improperly removed from the Tether treasury wallet through malicious action by an external attacker", the post continued. [Full Article...]

Does The Data Supplment Cabot Oil & Gas Corporation (NYSE:COG) Movement?

About 118,640 shares traded. It has underperformed by 3.99% the S&P500. As of the end of the quarter Stelliam Investment Management, Lp had sold a total of 1,290,500 shares trimming its holdings by 19.3%. The rating was maintained by Topeka Capital Markets with "Buy" on Tuesday, February 23. Cabot Oil & Gas has $39 highest and $2 lowest target. The firm has "Outperform" rating given on Thursday,... [Full Article...]

British Airways' New Boarding Policy Could Actually Makes Things Worse For Travellers

British Airways' New Boarding Policy Could Actually Makes Things Worse For Travellers First class passengers and Gold members of the BA Exectuive Club will be in group one , Silver members will be in four, group three will consist of Bronze members, group four economy passengers and group five will be passengers who have bought BA's cheapest hand-luggage only fares. [Full Article...]

Singapore ranks 13 in world talent report

Singapore ranks 13 in world talent report Taiwan has ranked 23rd among 63 countries in the IMD World Talent Report 2017 published by IMD on Monday Nov. 20. He states that India has the necessary domestic talent pool with its labour growth, emphasising that science is necessary in schools and that the country needs to work on investing in all levels of education and mastering competence in job. [Full Article...]

LATAM Airlines Group SA (LTM) loses confidence of 15 hedge fund managers

The circumstantial evidence specially high/lower types of ownership has a vital gauge for investing research process and it should be done carefully, as rather than offering help in finding value; it can sometimes give false signals and lead an investor astray. [Full Article...]

Thailand's Q3 GDP growth at best pace in four years

Thailand's Q3 GDP growth at best pace in four years Solid demand for exports has kept factories humming in Thailand, where a 4.3 percent jump in manufacturing contributed to a third-quarter boom in gross domestic product of the same pace, the strongest in more than four years, according to government figures released Monday. [Full Article...]

SRT Marine Systems PLC's (SRT) "Corporate" Rating Reiterated at FinnCap

SRT Marine Systems PLC's (SRT) It has a 15.71 P/E ratio. The Company's divisions include EMEA Services and Global Products. Swiss Bancshares owns 85,100 shares for 0% of their portfolio. Hunting PLC has GBX 816 highest and GBX 225 lowest target. They now have a GBX 340 ($4.47) price target on the stock. Telecom plus PLC had 47 analyst reports since October 23, 2015 according to SRatingsIntel. [Full Article...]

Mahindra inaugurates new manufacturing plant in the USA

Mahindra inaugurates new manufacturing plant in the USA The chairman of Mahindra Group , Anand Mahindra, Automotive Division EVP Rajan Wadhera and Haas participated in the inauguration of the facility in Detroit. The new facility in Detroit will produce an off-highway vehicle designed and engineered at MANA, and M&M claims the vehicle will be unlike anything now available in the market. [Full Article...]

Backpackers, Students Ripped Off In Australian Jobs

Backpackers, Students Ripped Off In Australian Jobs Backpackers and worldwide students are getting a rough deal in casual jobs in Australia, a joint survey by the University of New South Wales and the University of Technology Sydney has found. Some 20% of temporary workers at convenience stores, or auto washes, said they were paid less than $10 per hour. "This creates an imbalance in the work relationship with students being afraid that they will... [Full Article...]

Amazon Web Services launches 'secret' cloud for government

Amazon Web Services launches 'secret' cloud for government The region is not only very secure, it's also been made available to USA intelligence agencies through an existing Commercial Cloud Services (C2S) deal with AWS. Speaking at the AWS Public Sector Summit in Washington, DC in June, Edwards said the AWS deal was the "best decision we ever made". AWS satisfying spooks' desire for security and stitching up purchasing arrangements therefore shows that t... [Full Article...]

FCC Will Vote on Net Neutrality in December

FCC Will Vote on Net Neutrality in December An unnamed source told Shields that FCC chairman Ajit Pai "may call for vacating the rules except for portions that mandate internet service providers inform customers about their practices-one of the more severe options that would please broadband providers". [Full Article...]

USA state fines Uber with $8.9 million for unqualified drivers

USA state fines Uber with $8.9 million for unqualified drivers The parent company Rasier, LLC will be fined $2,500 for each day one of the 57 drivers worked. TNCs are required to disqualify drivers who have been convicted of specific offenses listed in statute - such as felony convictions, alcohol or drug-related driving offenses, unlawful sexual offenses, and major moving vehicle violations. [Full Article...]

Sri Lanka escape with a draw in Kolkata

Sri Lanka escape with a draw in Kolkata In the end, the Indian skipper registered his century and immediately declared on 352/8, which set Sri Lanka a target of 231 to win. Umesh Yadav also chipped in with a wicket. While Vijay Shankar will replace Kumar for the rest of the matches, Dhawan would be available for the third Test. According to a report in ESPNCricinfo , the Indian team management, led by coach Ravi Shastri , has urge... [Full Article...]

Trump administration sued over move on elephant and lion trophies

Trump administration sued over move on elephant and lion trophies De Leon was joind by Los Angeles City Councilman Paul Koretz, journalist Jane Velez-Mitchell, Candice Kim of the Center for Biological Diversity, supporters from the animal rights organization Social Compassion in Legislation and actors Michelle Rodriguez and Joaquin Phoenix. [Full Article...]

Emerson Electric Company (EMR) Downgraded by Edward Jones

Emerson Electric Company (EMR) Downgraded by Edward Jones It has outperformed by 33.20% the S&P500. Emerson Electric Co . (NYSE: EMR ) has risen 18.47% since November 20, 2016 and is uptrending. Longer Investments Inc sold 13,265 shares as the company's stock declined 4.02% while stock markets rallied. [Full Article...]


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