Finance

Volkswagen and Seat issue warning over seatbelt fault

Volkswagen and Seat issue warning over seatbelt fault A spokeswoman for the Driver and Vehicle Standards Agency in the United Kingdom said the recall has not yet been issued. Volkswagen is expected to launch the new-gen Polo in the Indian market in 2019. . The issue was reported by Tekniikan Maailma , an automobile magazine from Finland. He added: "Our temporary advice is. if no one is seated in the centre seat at all until the refit is installed,... [Full Article...]

Cryptocurrency World Is Watching South Korea & Upbit As Coins Prices Drastically Dropped

Cryptocurrency World Is Watching South Korea & Upbit As Coins Prices Drastically Dropped The Financial Supervisory Commission (FSC) reportedly sent investigators to Upbit's Seoul offices and seized the company's computer system to conduct an audit on the exchange's virtual currency holdings. Customers are still able to make transactions and withdrawals, according to the company who ensures that client assets are safe. The exchange hosted about $1.6 billion (£1.17bn) of cryptocurr... [Full Article...]

AT&T CEO: Hiring Trump lawyer Michael Cohen was 'a big mistake'

AT&T CEO: Hiring Trump lawyer Michael Cohen was 'a big mistake' Revelations that AT&T paid $600,000 to the Trump lawyer who arranged for the hush money payments to Stephanie Clifford resulted in a shakeup Friday of the company's Washington operation. Along with AT&T , Avenatti's doc revealed particulars of funds to Cohen's LLC from Korea Aerospace Industries, the worldwide well being care agency Novartis AG, and Columbus Nova, a NY funding agency run by A... [Full Article...]

India's Industrial production stands at 4.4 percent

India's Industrial production stands at 4.4 percent It is a disappointing number and possible the manufacturing growth has come down in March, Soumya Kanti Ghosh, Group Chief Economic Advisor at State Bank of India told ET Now . This is the first time in four months that the Index of Industrial Production (IIP) recorded less than 7 per cent. The eight core sectors that make up about 40 percent of the total industrial production slowed to 4.1 p... [Full Article...]

Last Week Patisserie Holdings plc (LON:CAKE) Ratings

As per Wednesday, December 13, the company rating was upgraded by JP Morgan. On Thursday, February 8 the stock rating was upgraded by Peel Hunt to "Add". In related news, insider Timon Drakesmith purchased 15,000 shares of the business's stock in a transaction dated Tuesday, February 27th. Edge Wealth holds 0.15% of its portfolio in Sky plc (LON:SKY) for 40,250 shares. [Full Article...]

Walmart eyes Flipkart IPO in as early as four years

Walmart eyes Flipkart IPO in as early as four years Walmart announced earlier this week that it will pay $16 billion for a roughly 77 percent stake in Flipkart in what is the USA retail giant's largest-ever deal and a move to take on arch rival Amazon .com Inc in a key growth market. It also said it could appoint or replace Flipkart's chief executive and other key executives of group companies in consultation with Bansal and the board. [Full Article...]

AT&T CEO calls hiring of Michael Cohen a "big mistake"

AT&T CEO calls hiring of Michael Cohen a AT&T is the second of Cohen's onetime clients to publicly regret paying him; Swiss pharma corporation Novartis also called the relationship a mistake on Thursday. But, he added, "the fact is, our past association with Cohen was a serious misjudgment". Both companies say they cooperated with Mueller's office. Cohen has consulted with AT&T , Novartis , Columbus Nova, and Korea Aerospace I... [Full Article...]

Facebook, Inc. (FB) Shares Reduced by Aspiriant LLC

The company's stock declined 14.10% with the market as Hl Financial Services Llc bought 30,324 shares. (NASDAQ:FB). Torch Wealth Mngmt Ltd Llc reported 0.52% stake. It also reduced its holding in Church & Dwight Inc (NYSE:CHD) by 163,632 shares in the quarter, leaving it with 205,592 shares, and cut its stake in American Tower Reit Class A (NYSE:AMT). [Full Article...]

Ford to restart truck production at 2 factories

Ford to restart truck production at 2 factories But the large SUVs are much lower-volume products than the Super Duty pickups. Ford Motor may resume creation of its best selling f150 pick ups as ancient as Friday, May 18 in Dearborn along with Kansas City, as per a source familiarized with the auto maker's strategies. [Full Article...]

How you can help 'Stamp Out Hunger' in Houston on Saturday

How you can help 'Stamp Out Hunger' in Houston on Saturday Then place the bag by your mailbox and between the carriers and Rotarians, the bags will be picked up and delivered to the food pantry over the course of the day on Saturday. "It's a lot of food, but not almost enough", said Evelina Ramirez, a USPS media spokesperson in Los Angeles. "We still have 42 million Americans, 1 in 6, who now don't know where they are getting their next meal". [Full Article...]

Zoopla, Uswitch and Primelocation owner ZPG sold for £2.2bn

Zoopla, Uswitch and Primelocation owner ZPG sold for £2.2bn GoCompare rejected ZPG's £460m ($622.4m) takeover offer, saying it fundamentally undervalued the company and its prospects. The investment group said it "greatly values" the current ZPG staff and will keep Chesterman and his team in place after the acquisition, adding that it does not plan on cutting a "material" number of jobs. [Full Article...]

'Race 3' trailer to come out on May 15

'Race 3' trailer to come out on May 15 The trailer of the film will release on May 15, and it was announced by Salman Khan on his Twitter account. The mishap took place around 2:45 AM when she was returning from a party at Salman Khan's apartment. The actress even confirmed that the accident took place. In the accident, her driver bumped the vehicle to an auto-rickshaw. Yes, we are fine. In the new poster, actors Anil Kapoor , Saq... [Full Article...]

Markets Right Now: Technology leads more gains for United States stocks

Markets Right Now: Technology leads more gains for United States stocks The gains came as the price of USA crude oil traded above $70 a barrel for the first time since November 2014. The Dow Jones industrial average climbed 196.99 points, or 0.8 percent, to 24,739.53. Trump's decision for the United States pull out of the worldwide agreement aimed at preventing Iran from obtaining a nuclear weapon was good news for investors betting on a rise in oil prices. [Full Article...]

China's ZTE Halts Major Operations Following US Export Ban

China's ZTE Halts Major Operations Following US Export Ban ZTE's announcement states that the company has sufficient cash to remain in business "as of now", and is actively seeking a modification or reversal of the denial order from various USA government departments. ZTE "maintains sufficient cash and strictly adheres to its commercial obligations subject to compliance with laws and regulations", it said in the statement issued to the Hong Kong sto... [Full Article...]

Omo-Agege Floors Senate As Court Overturns His Suspension

Omo-Agege Floors Senate As Court Overturns His Suspension During a deliberation in February, Mr Omo-Agege alleged a conspiracy by his colleagues against President Muhammadu Buhari , following the decision of the legislature to amend section 25 of the electoral act. "For their increasingly wonderful support, Senator Omo-Agege is very grateful to the good people of Urhobo Nation whom he has the great honour of representing in the 8th Senate". [Full Article...]

AT&T CEO: We made 'big mistake' hiring Cohen, chief lobbyist out

See " AT&T's top Washington official is out over the hiring of Trump's lawyer " (Bloomberg News via Ad Age) and "Novartis CEO: "We made a mistake" with Cohen payments" (Politico) for starters. Stephenson said general counsel David McAtee would be taking over the functions of Quinn following his retirement. AT&T said on Tuesday it hired Essential Consultants to advise it on working with the n... [Full Article...]

Canara Bank posts net loss of Rs 4859.77 cr in Q4

Canara Bank posts net loss of Rs 4859.77 cr in Q4 In a regulatory filing, the bank said it had put aside Rs425.57 crore in respect of delinquent companies now undergoing insolvency resolution at different tribunals of the National Company Law Tribunal. The stock crashed by more than 8%, after falling almost 14% intra-day, soon after the earnings announcement, ending at Rs 314 apiece. About Rs 4,200-crore worth of accounts of the bank were under... [Full Article...]

Stocks in Motion: Microsoft Corporation (MSFT), Alphabet Inc. (GOOGL)

The stock increased 0.57% or $0.55 during the last trading session, reaching $97.49. American Capital Management Inc, a New York-based fund reported 129,398 shares. Cullen Frost Bankers has invested 2.01% of its portfolio in Microsoft Corporation (NASDAQ: MSFT ). 232,284 were reported by Sumitomo Life Insur. Vigilant Cap Mgmt Limited Liability Corporation reported 10,116 shares. [Full Article...]

Facebook could be planning to launch a cryptocurrency of its own

Facebook could be planning to launch a cryptocurrency of its own While confirming the creation of the new blockchain team in a Facebook post earlier this week, Chief Executive Officer Mark Zuckerberg didn't elaborate on its objective. In particular, we studied the question of how the social network can use new technologies that support cryptocurrencies such as Bitcoin and Ethereum . [Full Article...]

Net Neutrality Will Become A Thing Of The Past In June

Net Neutrality Will Become A Thing Of The Past In June Senator Ed Markey said it was "likely" the vote will take place in the middle of next week. Although net neutrality-which barred internet service providers from playing favorites with content providers-was squashed by the Federal Communications Commission previous year, the issue has come up again after Democratic lawmakers, led by Minority Leader Chuck Schumer of NY and Edward J. [Full Article...]


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