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Economy

In a press conference after a party meeting, Sanchez explained that "we share Rajoy's (Spanish Prime Minister) decision so that Puigdemont (president of Catalonia) clarifies what he said yesterday". Catalonia pressed ahead with an independence referendum on October 1 that the central government said breached Spain's constitution. But it was marred by violence after Spanish police acting on court orders attempted to stop the vote by raiding polling stations, seizing ballot boxes, beating voters ...
  • OPEC extends Nigeria's exemption from oil production cuts

    OPEC extends Nigeria's exemption from oil production cuts

    Economy

    Kuwaiti Minister of Oil Essam al-Marzooq said after the meeting that "the process is working fine so far". The committee did recommended that ministers should consider informal monitoring of exports in addition to production, said two delegates, a move that Saudi Arabia has been pushing for in order to improve transparency.
  • Nifty falls 1.56% amid sell-off

    Nifty falls 1.56% amid sell-off

    Economy

    Meanwhile, the rupee weakened past the 65 mark to hit near-six-month low against the USA dollar as foreign investors continued to liquidate their holdings in the local equity markets due to domestic headwinds led by slowing growth, wider second quarter current account deficit and signs of a wider fiscal deficit.
  • NAFTA talks intensify. USA seen putting off key demand on autos

    NAFTA talks intensify. USA seen putting off key demand on autos

    Economy

    By the time Mexico's tariffs on US goods were eliminated in 2008, USA agricultural exports had increased by more than $15 billion and generated well over 100,000 jobs - $5 billion and nearly 50,000 jobs more than projected. "U.S. corporations, particularly automakers, would be at substantial risk of supply chain disruptions". And trade experts on both sides of the border are warning that it could backfire.
  • IOS 11 'doesn't sync' with Microsoft, Outlook email accounts

    IOS 11 'doesn't sync' with Microsoft, Outlook email accounts

    Economy

    An expanded Control Centre , a better storage management system and the ability to record your iPhone screen are some of the new features included with the iOS 11 upgrade. The iPhone Control Centre has been redesigned in iOS 11 to allowing for customized controls. Location Services and Continuity features, such as Handoff and Instant Hotspot, will also continue to work even if you've toggled off Wi-Fi or Bluetooth .
  • Toshiba sells chip unit for $18bn

    Toshiba sells chip unit for $18bn

    Economy

    Toshiba's board chose Bain over a group led by KKR & Co. and two state-backed funds, Innovation Network Corp. of Japan and Development Bank of Japan. A Western Digital spokesman declined comment. Today a Korean news site is claiming that Toshiba has picked the Bain, Sk Hynix and Apple group to sell its memory unit to.
  • Dow, S&P 500 close at new records in NY

    Dow, S&P 500 close at new records in NY

    Economy

    Investors do not expect the central bank to increase interest rates in the meeting but will closely watch Fed Chair Janet Yellen's views on inflation, which remains stuck below the Fed's 2-percent target rate. Rates are forecast to stay on hold, but traders will be looking hints if more hike are coming later in the year. France's CAC 40 inched down less than 0.1 per cent in early trading to 5,227.91.
  • PM Abbasi never said Kabul attackers 'crossed over from Pakistan'

    PM Abbasi never said Kabul attackers 'crossed over from Pakistan'

    Economy

    PM Abbasi said he has held one meeting with former prime minister Nawaz Sharif - who is in London these days - and is going to hold another "today" [Monday]. The parliamentarians had raised numerous oft-discussed issues including security operations, military courts, defence budget, engagement with the USA, tensions with India, problems in relations with Afghanistan, and civil-military relations, Dawn reported.
  • The 'Unreal' Tesla Semi Truck Will Debut On October 26

    The 'Unreal' Tesla Semi Truck Will Debut On October 26

    Economy

    Intuitive Surgical Inc now has $38.63B valuation. Gateway Inv Advisers Limited Liability Corp invested in 29,845 shares. About 5.19 million shares traded. Tesla (NASDAQ: TSLA ) last released its earnings results on Wednesday, August 2nd. Therefore 63% are positive. Out of 6 Wall Street analysts rating Tesla Motors, 4 give it "Buy", 1 "Sell" rating, while 1 recommend "Hold".
  • Frankfurt Motor Show in pictures

    Frankfurt Motor Show in pictures

    Economy

    All 300 models in the Volkswagen Group range will come with electrification from 2030. Mercedes Benz then announced this week that it would be launching fully electric or hybrid versions of all its cars by 2022. "We need to improve profits considerably in the USA", he said, as the automaker prepares for "the next phase" of electric, connected and autonomous vehicles.
  • Tesla Opens Supercharger Centers in Chicago, Boston

    Tesla Opens Supercharger Centers in Chicago, Boston

    Economy

    The carmaker - which is on the verge of a massive uptick in ownership as it begins delivering on roughly 500,000 pre-orders for its Model 3 sedan - provided details in a blog post. Stations in several other cities, including New York, Los Angeles, and Austin, will open by the end of 2017, according to a map of the supercharger network .
  • Tech giant Google appeals against the €2.4bn European Union fine

    Tech giant Google appeals against the €2.4bn European Union fine

    Economy

    Online shopping searches are one of Google's most important sources of sales growth as it takes on rivals as diverse as Facebook and Amazon . For example, if you Google the term "frock", Google will show you some pictures of dresses with some links to third-party retailers such as British department store House of Fraser.
  • Royal Caribbean International evacuates staff on-board Enchantment of the Seas

    Royal Caribbean International evacuates staff on-board Enchantment of the Seas

    Economy

    Stockholders of record on Friday, September 22nd will be paid a dividend of $0.60 per share. It has outperformed by 1.07% the S&P500. (NYSE:XEL) established that the company was able to keep return on investment at - in the trailing twelve month while Reuters data showed that industry's average stands at 5.27 and sector's optimum level is 15.20.
  • How Analysts Rated Hilton Food Group plc (LON:HFG) Last Week?

    How Analysts Rated Hilton Food Group plc (LON:HFG) Last Week?

    Economy

    Finally, Goldman Sachs Group, Inc. The firm has "Buy" rating by Stifel Nicolaus given on Tuesday, November 22. The rating was maintained by Deutsche Bank on Saturday, October 8 with "Hold". As per Thursday, July 23, the company rating was initiated by Berenberg. The stock of WPP PLC ORD 10P (LON:WPP) earned "Buy" rating by Credit Suisse on Friday, September 9.
  • Cranes Snap in Fla. Due to Irma Winds

    Cranes Snap in Fla. Due to Irma Winds

    Economy

    The equipment was created to withstand winds up to 145 miles per hour, city officials said. But Thomas Barth , who owns Barth Crane Inspections in SC and investigates crane accidents, said the cranes' arms and counterbalances could have been taken down with the help of crews from out of state if necessary.
  • Crude Oil Flat As Inventories Spike

    Crude Oil Flat As Inventories Spike

    Economy

    However, U.S. oil production was also affected by the storm, with weekly output down from 9.5 million bpd to 8.8 million bpd. Oil prices declined Friday, with USA crude set for its lowest finish in a week and its second session of losses in a row as domestic refineries saw a slow recovery from flooding due to Hurricane Harvey , which made landfall on the Texas coast two weeks ago.
  • Marijuana Stocks Rise After Ontario Government Announcement

    Marijuana Stocks Rise After Ontario Government Announcement

    Economy

    Only those 19 years of age and older will be allowed to purchase or possess it. On Friday, Ontario became the first Canadian province to announce a plan of how it plans to handle marijuana once it's legalized on July 1, 2018. And the government made it clear that the as-yet-unnamed state-controlled retailer spells the end of the proliferating number of illegal pot dispensaries that have alarmed Toronto Mayor John Tory and sparked police crackdowns.