Markets

Ballon d'Or 2016: Cristiano Ronaldo beats Lionel Messi to best player award

While 2016 saw Ronaldo win his first European Championship with Portugal, Messi has endured drama of an altogether more negative manner for Argentina, even retiring from national team duty in June before returning in August, per BBC Sport .

Tata Motors' EGM might pose crucial roadblock in Cyrus Mistry's ouster

Thanking all the shareholders at Tata Consultancy Services, Cyrus Mistry stated that the voting is a signal that the need for governance reform must not go unheeded. A Tata executive, however, pointed out that the Mistrys with their stake overwhelmingly account for nearly all the small investors who voted against the Tata Sons resolution.

GST to be implemented in 2017: PM Modi

He also said the Goods and Services Tax be implemented in 2017. "The close relations with Malaysia are integral to the success of our Act East Policy", he said, alluding to the move of making India's relations with its East Asian neighbours a foreign policy priority.

Alaska Air completes Virgin America acquisition

Alaska and Virgin America are projected to generate more than $7 billion in annual revenue and operate about 280 aircraft. The combined fleet comprises 286 aircraft, including more than 150 mainline Alaska Boeing 737s and more than 60 Virgin America Airbus A320 family aircraft.

Twenty-First Century Fox approaches Britain's Sky for takeover

In a stock market announcement, the two firms said they had reached an agreement on a cash offer of £10.75 per share, but stressed that there was no certainty that a deal would be struck. Citing "recent revelations around email deletions" and "the conviction of the Murdoch "favourite" Mazher Mahmood", Hacked Off claimed only a Leveson Phase 2 Inquiry can "get to the truth" of whether or not the Murdoch media empire should be allowed to proceed with the Sky deal.

S&P 500 Rises for Sixth Day, Hits Another Record; Drug Stocks Up

The Standard & Poor's 500 index rose 7.52 points, or 0.3 percent, to 2,212.23 and the Nasdaq composite rose 24.11 points, or 0.5 percent, to 5,333. The Nasdaq Composite climbed 60.76 points, or 1.1%, to 5393.76. Benchmark U.S. crude oil lost $1.16, or 2.3 per cent, to $49.77 a barrel in NY. Elsewhere, Pfizer gave up 49 cents, or 1.6 percent, to $31.07 and drug distributor McKesson sank $3.59, or 2.5 percent, to $141.81.

Oil price retreats from 18-month peak on high OPEC output

USA light, sweet crude was up 40 cents, or 0.8 percent, at $50.17 a barrel. At a meeting in Vienna last week, the 13-nation cartel chose to reduce its production by 1.2 million barrels a day, beginning January 1. "What's troubling is that the rise is coming from African producers, two of which are exempt from cutting production", he said. "There is a clear need to ensure that prices are supported and stabilized", Barkindo said in a speech at an industry conference in New Delhi, India on ...

USA prods Pak again on crippling terror

In response to a question, Pence mentioned that Trump wishes to promote peace in the South Asian region once the new administration takes up the office, and to remain "fully engaged". Pakistan yesterday said Indian negative attitude at and before the recent Heart of Asia conference was unacceptable. However, former Union Minister and Congress leader Mani Shankar Aiyar pointed out that for India, the core issue remains terrorism from Pakistani soil.

Is Checkout-free a 'Go' for Amazon? PG Experts Weigh In

This isn't Amazon's first experiment with a brick-and-mortar store - they launched a bookstore past year in Seattle , as The New York Times reports , and have since added locations in San Diego and Portland. Based upon Amazon's marketing video, the technology is cutting edge. Amazon's ambitions in physical retail have always been the subject of fevered speculation and yesterday (5 December) launched Amazon Go , a 1,800 square feet store in Seattle .

UK unions secure commitment from Tata Steel to keep jobs

Another twist in the tale saw a potential European tie-up with German steelmaker ThyssenKrupp. "Today's news is a step forward, but there is still much to be done". "The trade unions and the company have worked hard to reach today's agreement and I would like to thank them for their efforts and seek their continued support in the future".

Canadian dollar firms as BOC leaves benchmark interest rate unchanged

We have analysis and commentary from Eric Lascelles, chief economist, RBC Global Asset Management. The U.S. Federal Reserve is widely expected to raise interest rates next week, while most economists anticipate that the Bank of Canada will remain on hold for the next year or more.

Unemployment Rate Drops To 4.6 Percent, Lowest Level Since 2007

However, the unemployment rate fell from 4.9% to 4.6%, its lowest level since 2007 , surprisingly analysts who forecast an unchanged reading. United States hiring picked up in November, while the unemployment rate tumbled to a nine-year low on a drop in the number of people in the workforce and wages unexpectedly declined, providing a mixed picture of the labour market.

Ford Fiesta gets all-new look, more tech for 2018

Ford says it will roll out Active versions of its model range in the coming years. If you saw the EcoSport, the Fiesta's cabin should look familiar. All models will be given a range of engine options, ranging from 1.0-litre EcoBoost with up to 140PS to TDCi engines with up to 120PS. All other Aussie Fiestas are powered by a 1.5-litre non-turbo four-cylinder.

The Federal Government Will Reportedly Forgive $108 Billion In Student Loan Debt

Of the rest, $108 billion will be forgiven by the government and $29 billion will be discharged because of death or disability. The plans break down loan bills into a small percentage of one's monthly income, which greatly benefits struggling college graduates.

Union Pacific Corp. (UNP) EVP Sells $281103.20 in Stock

Cullinan Associates Inc. increased its stake in Union Pacific Corp .by 8.8% in the second quarter. Creative Planning increased its stake in Louisiana-Pacific Corp.by 58.8% in the second quarter. Union Pacific Corporation's (UNP) stock price showed strong performance of 3.33% in last seven days, switched up 14.65% in last thirty days and it rose 23.00% in last one year.

Shenzhen link lifts Hong Kong's small caps to highest in a month

Japanese stocks traded weaker on Monday after seven straight sessions of gains, with Asian markets mixed, as the US dollar pulled back from decade highs. The measure has added 5.9 percent so far this month. Cement company Tongfang Konta shares were also halted, as the company prepares to announce a potential subscription of shares in a target company.

Minimum wage for McDonald's workers part of Hartford group's demands

The event was part of the National Day of Action to Fight for $15. "When we started demanding $15. people thought we were insane, but we were just demanding the basic minimum to survive", said protestor Alvin Major, 50, a Guyanese immigrant who lives in Brooklyn and works at a KFC restaurant.

Selling pressure drags Sensex below crucial 26000 mark, Nifty plunges to 7929

In the morning, Sensex rebounded over 120 points and the NSE Nifty regained the 8,100-mark in the opening trade Monday on value-buying in select blue-chips amid a firming trend on other Asian bourses. The broader markets were witnessing buying interest as the BSE mid-cap index jumped 0.6 per cent and small-cap index rose 0.77 per cent. However, Larsen fell by 1.41 per cent, Gail India 1.33 per cent, NTPC 0.87 per cent, Power Grid 0.51 per cent and Dr Reddy's 0.45 per cent.

DraftKings, Fanduel Finally Merge

In a statement , FanDuel chief executive Nigel Eccles - who will become chairman of the board - said the merger will help the new company appeal to "the tens of millions of season-long fantasy players". "Being able to combine DraftKings and FanDuel presents a tremendous opportunity for us to further innovate and disrupt the sports industry". Daily fantasy customers have plenty to wonder themselves.

Iowa's unemployment rate drops slightly to 4.1 percent

Colorado posted another set of strong job numbers Friday, showing only 3.5 percent of the state's workforce was unemployed in October. Employment in IN remained stable in October, keeping the state's unemployment rate well below the national average.

China Open: PV Sindhu in semis

In the final match , Sindhu dominated the first set, which looked pretty much one-sided. Sindhu is ranked 11th while the player she defeated has World ranking of 9th. Sindhu quickly equalised at 16-all and opened up an 18-16 advantage but Sung again fought back and levelled the game at 18-all. However, with Saina out of the tournament, the responsibility of the proven the worth was on the shoulder of young PV Sindhu .

UN expert welcomes US deal to resettle Australia's refugees

Following an 18-day mission to Australia, U.N. special rapporteur Francois Crepeau said migrant rights had deteriorated under current government policy. Canberra also sends asylum-seekers trying to reach Australia by sea to isolated outposts on Nauru and Papua New Guinea's Manus Island . "So I think the only solution is to quickly close these centres, as quickly as possible".

Firm on demonetisation, says move will end black money menace

New Delhi- Into the second week of demonetisation of high value banknotes, Union Finance Minister Arun Jaitley on Wednesday changed the cover photo on his Facebook page which now had a blurb saying India can no longer live with black money.

Subaru previews new 7-seat SUV with VIZIV-7 concept

Subaru says the VIZIV-7 is a design concept to demonstrate the size and look its upcoming model, which they say will be their biggest model ever. The SUV closely resembles the midsize Viziv Future concept that first appeared past year at the Tokyo Motor Show, reinterpreted as a more spacious full-size three-row model.

Labor board declares impasse in contract negotiations between AFSCME and the state

Republican Gov. Bruce Rauner says he has friends in Donald Trump's new administration and expects IL to have "a voice and a good relationship" with the president-elect. State Rep. Tim Butler (R-Springfield), a Peoria native who has always been active in local civic life, recently lauded Gov. Bruce Rauner's approach to Illinois' Bicentennial Celebration, set for 2018, commending his initiative in establishing a Bicentennial Commission.

Give me 50 days to weed out ill-gotten wealth: Prime Minister Modi

In his final appeal, he added by saying: "I know the forces who are up against me". "This ( demonetisation ) isn't the end". So we took this very big decision of demonetising. 01, only some Rs65,250 crore of black money was declared under this scheme, which is merely a little over 2% of the total estimated wealth that is unaccounted for.

Fresh Doubts On OPEC Production-Cut Deal Drill Oil Stocks

International Brent crude futures traded at $45.13 per barrel, down 70 cents from their last close. Data from the United States this week show crude oil inventories increased by 2.4 million barrels in the week ending November 4, showing markets still favor the supply side.

Katy Perry Drops Out of China Concert due to 'Family Emergency'

Dre, owned by Apple Inc., is promoting its new Solo 3 Wireless product for Singles' Day. "Tmall's Shopping Festival Gala is a great tool for Alibaba to try out its digital media assets with awareness of the Single's Day among mainstream online users already high, it hopes to capture more users from online video sites or live-streaming applications", said Veronica Wang, associate partner at OC&C Strategy Consultant in China's mainland, Hong Kong and Taiwan.

Wall Street panics over Trump presidency; Peso plunges; Gold surges

Markets had been jittery in recent weeks over the prospect of a Trump administration. Most European stock markets are declining, but the losses are not huge. France's Cac index and Germany's Dax are each down about 1.5% after heavier falls at the start of trading. In the moments that Donald Trump's implausible victory for the USA presidency became apparent, stocks took a dramatic drop.

Pound rises after Government's High Court Brexit defeat

The court ruling offered hope to investors anxious that Prime Minister Theresa May's cabinet is set on an economically disruptive "hard Brexit". Judges ruled that the prime minister does not have the power to trigger Article 50, which will kickstart the UK's exit from the European Union, without the permission of parliament.

White House announces U.S. electric auto recharging network

Vehicle manufacturers like Nissan, General Motors , and BMW have agreed to work with public utilities in 28 of those states to fast-track their construction. Among the companies that have committed to helping deploy more charging facilies along the government's Alternative Fuel Corridors are electric auto manufacturers such as BMW, maker of the electric i3, General Motors, which is introducing the new all-electric, long-range Chevrolet Bolt and Nissan, which pioneered modern electric cars ...

USA fears Russian cyber attack on election day

The Post's sources say officials fear there could be Russian interference on Election Day itself, and the Department of Homeland Security has already detected what appear to be Russian efforts to scan voter databases. "I think there's three things we should do if we see a significant cyber-attack", he said. But it is possible Russian hackers could attempt to disrupt the election in other ways, including by releasing fake or doctored documents about Hillary Clinton or Donald Trump in an ...

Valeant confirms it's in talks to potentially sell Salix stomach drug business

When a simplified formula is placed to use where a one suggests a Strong Buy and a ranking of 5 indicates a Strong Sell, the stock is presently rated 2.63, based on the consensus. Before Earnings Announcement on 08/09/2016, the firm had its stock price of $22.45. The company has a market cap of $6.14B and now has 344.42M shares outstanding.

Mourinho: I won't allow 'unhappy' Roo to leave United

Rooney made his professional debut for Everton as a 16-year-old at the start of the 2002/03 season, with his first top-flight goal - the victor against Arsenal at Goodison Park - coming just days before his 17th birthday. 'Maybe a fresh start somewhere would help him or maybe he's a game away from being a hero again'. "It's a hard one". "He's the country's leading goal-scorer and hopefully he will get the most caps".

Canada ready to sign long-delayed trade pact

Canadian Prime Minister Justin Trudeau finally signed the the CETA free trade agreement on Sunday in Brussels , together with the heads of European Union institutions. The European Commission described CETA as "the most far reaching agreement ever concluded by the EU in the area of services and investment". "That leadership that we were able to show between Canada and Europe is not just something that will reassure our own citizens but should be an example to the world of how we can move ...

Apple unveils thinnest, lightest new MacBook Pro

That means that the new MacBook Pro is up to 2.3 times faster than its predecessor. The trackpad on the new MacBook Pro is 46 per cent larger on the 13-inch MacBook Pro and twice as large on the 15-inch model. Well, pretty awesome. It's responsive, fluid and it works exactly as you'd expect. On the other hand, the wide color workflows let the users import, edit, and deliver the videos in standard Rec.

Sensex Rises 102 Points On Global Cues; Nifty Ends Above 8700

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 28,159.09 points, traded at 28,066.25 points (at 10.00 a.m.) - down 112.83 points or 0.40 per cent from the previous close at 28,179.08 points. Indian Hotels, Oriental Bank of Commerce, Tata Chemicals, Tata Global Beverages. The company also approved a buyback of its shares. The US Dow Jones Industrial Average ended 0.17 per cent higher yesterday.

Deutsche Bank posts unexpected third-quarter pre-tax profit

The result shows that Deutsche Bank is capable of posting a profit, after a 6 billion euro write-down hit last year's result. Germany's largest bank had been forecast to make a second successive three-month loss with an enormous USA fine looming for its role in the subprime mortgage crisis.

Samsung's latest invention: A fireproof box for Note 7 returns

The South Korean company, the world's largest manufacturer of smartphones, also widened its recall to 1.9 million Note 7 phones, which includes the 1 million Galaxy Note 7s initially recalled on September 15. The company on Wednesday cut its revenue and profit forecasts for the third quarter, citing the Note7 debacle. If you are using a Note 7, whether it is an original or replacement, immediately power it down.

China sets another meeting to boost coal supply as prices surge

Prices have nearly tripled since the start of the year after the Chinese government imposed restrictions on working days for miners and supply was disrupted in China and Australia. The most-active January coking coal rose 4 per cent to a contract high of 1288 yuan a tonne. In the meantime, China's economy has showed signs of improvement in recent months, with the manufacturing sector expanding and the property market booming, leading to higher coal consumption.

Donald Trump's divisive campaign appears to be hurting Trump Hotel chain

Enter Scion . The new brand is planned for use at city and resort locations, Trump Hotels said when Scion was announced September 28. Perhaps that's why Trump's newest hotel line won't bear his name at all: The Trump Organization has dropped the name completely, going for Scion , which means "descendant of a notable family", the company's news release explained.

Early voting starts Monday in Central Florida

The window in Arkansas, set by state statute, gives voters a 14-day chance to cast their ballots early. All but 17 of Florida's 67 counties opened early-voting locations on Monday. On the one hand, the shot ballot streamlines the process and could save people confusion if they don't understand the full extent of the electoral process.

Donald Trump vows to sue "every one" of his female accusers

Mr Trump also complained that "all she (Michelle Obama) wants to do is campaign". "But if the mandate is clear, I don't think many people will follow him", said Virginia Sen. And fittingly for an event named after a man nicknamed "The Happy Warrior", the occasion has produced dozens of memorable presidential jokes - and honest moments of goodwill that have remained largely absent from the 2016 campaign.

Typical Social Security Recipient Will Get $4 Benefit Increase in 2017

More than 60 million retirees, disabled workers, spouses and children get Social Security benefits. Retirees have grown used to seeing no or little-to-no pay increases throughout the past several decades as inflation has stayed low. "I just lose and lose and lose and lose", Graves said. Sen. Ron Wyden, D-Oregon, said that a last minute deal in 2015 avoided a similar spike in Medicare premiums, and that deal would have prevented a spike if Social Security costs had been kept flat for a ...

Construction wraps up on largest solar facility in Midwest

Target, with almost 1,800 retail stores, has added more solar this year than any other USA retailer and now has 147.5 megawatts of installed solar capacity, the association said. "We were drawn to Chisago County as a great combination of available land, welcoming communities and a strong interconnection point that is close to Minneapolis and St.

Loonie, Canadian bond yields rise as Bank of Canada leaves rates unchanged

The central bank also predicts growth will take a hit from the expected decline in real estate activity that will follow the federal government's new measures to stabilize the housing market. He said the factors include the recent run of positive export numbers and apprehension around investment decisions in the US and Canada as businesses await the American presidential election process to unfold.

Halliburton (HAL) Swings to Surprise Q3 Earnings on Cost Cuts

As of Sep 30, 2016, the Zacks Rank #3 (Hold) company had approximately $3,108 million in cash/cash equivalents and $12,158 million in long-term debt, representing a debt-to-capitalization ratio of 55.4%. Manchester Capital Management LLC raised its stake in Halliburton by 0.4% in the second quarter. The statement was released before the start of regular trading in NY.

Harley-Davidson says laid off temp workers last quarter

On the company's financial health, Harley-Davidson Inc reported $1.55 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jul 28, 2016. Tredje AP fonden raised its position in Harley-Davidson by 1,380.8% in the second quarter. In the first nine months of 2016, Harley-Davidson's operating cash flow declined to $927.8 million from $1.02 billion in the first nine months of 2015.

US bans Samsung Galaxy Note7 from all flights

The airline "strong encourages" travelers not bring the devices to the airport with them at all. The weekend announcement from Japan's transport ministry follows an earlier warning that asked airlines to urge passengers not to turn on or charge the smartphones on aircraft.

Toronto Broadcasters Not Mentioning Cleveland Baseball Team Name

Kluber, the 2014 AL Cy Young Award victor, has pitched 13⅓ shutout innings and won both of his postseason starts against Boston and Toronto after missing 10 days with a quadriceps strain. "He used to be right over the top and it affected his control", Blue Jays manager John Gibbons said at a press conference. In 10 starts with the Blue Jays in the regular season , Liriano posted a 3.34 ERA, but he had a down year overall.