Finance

Asian stocks lifted by U.S.-China trade talk hopes

Asian stocks lifted by U.S.-China trade talk hopes The Trump administration said the USA president still wants to meet China's Xi Jinping in an effort to end the trade war, a sign of optimism as negotiators from the world's two biggest economies start their latest round of talks this week. [Full Article...]

Activision Blizzard Reportedly Cutting Hundreds of Jobs This Week

Activision Blizzard Reportedly Cutting Hundreds of Jobs This Week Captrust Fincl Advsrs holds 4,828 shs or 0.02% of its capital. Epic Games's "Fortnite" has been a thorn in the side for Activision Blizzard . Bbr Prtnrs Limited Liability Co stated it has 667,055 shs or 8.02% of all its holdings. (NASDAQ: ATVI ) rating. Barclays Capital has "Overweight" rating and $86 target. The stock of Activision Blizzard, Inc . On Friday, January 11 the company was maintai... [Full Article...]

Jody Wilson-Raybould resigns from cabinet

Jody Wilson-Raybould resigns from cabinet If then-attorney general Jody Wilson-Raybould was informing the prime minister about her policy on the issue, or discussing options, that's fair game apparently. Appearing at the BC housing development alongside Canada's Defence Minister Harjit Sajjan, and Minister of Fisheries and Oceans, Jonathan Wilkinson, Justin Trudeau said he welcomes an investigation. [Full Article...]

May offers Corbyn further Brexit talks in attempt to secure deal

May offers Corbyn further Brexit talks in attempt to secure deal Speaking after a dinner with Brexit Secretary Steve Barclay on Monday night, European Union negotiator Michel Barnier said the talks had been "constructive", but added it was "clear from our side we're not going to reopen the withdrawal agreement, but we will continue our discussions in the coming days". [Full Article...]

Aston Martin Lagonda Global (AML) PT Lowered to GBX 1,450

Aston Martin Lagonda Global (AML) PT Lowered to GBX 1,450 The SUV will be based on the same platform as the Lagonda luxury saloon that was revealed earlier . Along with the obligatory raised stance, it'll likely be similarly left field; upon entering production, however, expect a more practical set of doors and a less unconventional interior layout to bring Lagonda's imaginative concept back down to earth. [Full Article...]

Alberta’s unemployment rate climbs to 6.8% to start 2019

Year-over-year average hourly wage growth in January for permanent employees was 1.8 per cent, which was up from December's reading of 1.5 per cent, but still well below its May peak of 3.9 per cent. Unemployment in the region was 6 per cent in January, Statistics Canada said on Friday, down from 6.2 per cent the month before. He credited recent job gains drawing people back in as for why the ... [Full Article...]

National Pizza Day 2019 Deals: Pizza Hut, Domino’s and Other Offers

National Pizza Day 2019 Deals: Pizza Hut, Domino’s and Other Offers At Papa John's , you can pay $12 for any specialty pizza. The International House of Pancakes is going full pizza for National Pizza Day. Read on to see if your favorite pizzeria has anything up their sleeve for the best holiday in February . [Full Article...]

Germany bans Facebook from combining user data collected from Instagram and WhatsApp

Germany bans Facebook from combining user data collected from Instagram and WhatsApp In its order, the cartel office said it would be possible to assign data from WhatsApp or Instagram to Facebook only with the voluntary consent of users. The German regulator also noted that Google + would be shutting down in April of 2019 and that Facebook's other competitors like Snapchat, YouTube, and Twitter only offer "parts of the services" that Facebook does. [Full Article...]

RBI to cut rates again before elections, but no more

RBI to cut rates again before elections, but no more The other factor weighing on the GBP/USD was the Bank of England cutting the growth forecast for the United Kingdom economy lower in the February release of its Inflation report last Thursday. Officials said that potential supply growth is now a "little below" the 1.5 per cent previously estimated. Consumer confidence "took another step down in January", he cautioned, as household spending and... [Full Article...]

New York Is Having Second Thoughts About Amazon’s Second Headquarters

New York Is Having Second Thoughts About Amazon’s Second Headquarters In December, Qunnipac Unviersity polled 1,075 registered voters in New York City and 57% said they approved of Amazon coming to Long Island city, while 26% said they opposed the move. A City Hall source confirmed the city reached out as well. In one sign of opposition, artists spray-painted Amazon's logo - spelled "AMAZNO" - on streets near the proposed site. [Full Article...]

GM's 2018 profit jumps, will hire 1,000 at Flint pickup plant

GM's 2018 profit jumps, will hire 1,000 at Flint pickup plant How do GM's Q4 results compare to other automaker stocks? GM lowered some production in China in the fourth quarter and is ratcheting back output further in the first quarter. General Motors Company debt-to-equity ratio now stands at 2.69, while its quick ratio hovers at 0.80. General Motors does not expect its electric vehicles to turn a profit for at least a few more years, CEO Mary Barra ... [Full Article...]

Huawei says security issues could take five years to resolve

Huawei says security issues could take five years to resolve Huawei, the world's biggest telecoms equipment maker, is facing global scrutiny over its ties with the Chinese government and allegations that Beijing could use its technology for spying, which Huawei denies. Approved in 2017, the law states that Chinese "organisations and citizens shall, in accordance with the law, support, cooperate with, and collaborate in national intelligence work". [Full Article...]

Tesla's self-driving auto rival gets big money from Amazon

Tesla's self-driving auto rival gets big money from Amazon The self-driving vehicle startup has just announced that it's scored significant Series B financing support from a block of investors led by Sequoia Capital , a big-name venture capital firm that counts Amazon and T. The funding round for Aurora Innovation led by Silicon Valley venture capital powerhouse Sequoia reportedly valued the startup launched just two years ago at more than $2.5 bil... [Full Article...]

Twitter shares fall due to slow user growth

Twitter shares fall due to slow user growth Those higher costs could eat into Twitter's future earnings, some analysts said. "The street is just about done giving them a break about it", said JJ Kinahan, chief market strategist at TD Ameritrade. those who use only desktop computers. Monthly active users totaled 321 million in the fourth quarter, in line with analysts' forecasts but down from 330 million a year earlier and 326 million in... [Full Article...]

Jaguar Land Rover suffers massive fourth-quarter loss

Jaguar Land Rover suffers massive fourth-quarter loss Tata Motors has reported its biggest net loss of ₹26,993 crore for the December quarter, impacted by exceptional item of asset impairment in JLR of Rs 27,838 crore. Speth said: "This is a hard time for the industry but we remain focused on ensuring sustainable and profitable growth and making targeted investments that will secure our business in the future". [Full Article...]

Tom Elliott makes a prediction in wake of Banking Royal Commission

Tom Elliott makes a prediction in wake of Banking Royal Commission Mr Booth says the royal commission has highlighted the need for high standards across the financial services sector. It is now confirmed that Hayne does recommend a change to broker commissions, encouraging a flat fee for service to be paid by the borrower . [Full Article...]

BB&T, SunTrust merger affects thousands in Central Florida

BB&T, SunTrust merger affects thousands in Central Florida Even with the added size, the company will represent only about a third of the lending and deposit portfolios of the largest USA banks such as JPMorgan Chase and Bank of America . BB&T will own 57 percent of the combined company and SunTrust shareholders will own about 43 percent. It is offering SunTrust shareholders a premium on Wednesday's closing price of 1.295 BB&T shares for each SunTrust ... [Full Article...]

Jeff Bezos Alleges National Enquirer of Blackmail Over Photos

Jeff Bezos Alleges National Enquirer of Blackmail Over Photos Instead, he published what he said were emails from Enquirer executives to a lawyer representing de Becker. According to the letters, in exchange for not publishing these photos, AMI's Deputy General Counsel, Jon Fine , wanted Bezos and his team to acknowledge that "they have no knowledge or basis for suggesting that AMI's coverage was politically motivated or influenced by political forces... [Full Article...]

Tesla cuts Model 3 price for second time this year

Tesla cuts Model 3 price for second time this year The electric vehicle maker, which has been cutting costs as it looks to turn in profits this year, is also ramping up the production of the Model 3 as it tries to make the sedan more accessible for mainstream auto buyers. Musk announced the new $1,100 cut in a late Tuesday tweet . Tesla cut 7 percent of its workforce last month to trim costs and reduce the price of the auto. [Full Article...]

RBI sets up for more rate cuts with lower inflation estimate

RBI sets up for more rate cuts with lower inflation estimate The central bank also changed its monetary policy stance - a key signalling indicator to the markets -to "neutral" from "calibrated tightening". The Reserve Bank of India headed by a new chief, Shaktikanta Das, will probably drop its hawkish bias on Thursday, the first step toward a possible interest-rate cut this year as inflation drifts lower and the economy slows. [Full Article...]


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