Money

GST announced: Dal, milk, rice and other items to get cheaper

GST announced: Dal, milk, rice and other items to get cheaper

The telecom industry on Friday expressed disappointment over the 18 per cent Goods and Services Tax (GST ) rate, saying it will further stress the already-bleeding balance sheet of the sector. Instant tea and coffee are expected to be in a separate bracket although tea and coffee will be in the 5% slab. "COAI had submitted to the government that consideration be given to the sector's present financial condition and that any GST rate beyond the existing 15 per cent (service tax) would ... Read More

Continue Reading »

Ford to Cut Around 10% of Its Global Workforce: Report (F)

Company spokesman Mike Moran says voluntary early retirement and separation packages will be offered to about 15,300 workers, including 600 in Canada. Ford's shares lost more than a third of their value since Mark Fields was named CEO in 2014. Ford announced the $3 billion cost cutting goal at the same time it reported sharply lower first quarter earnings. Read More

Continue Reading »

Android Pay will reportedly launch in Canada on May 31

Android Pay will reportedly launch in Canada on May 31

A month after it was initially announced , Android Pay finally offers official support for PayPal integration. There, you would see an Android Pay settings option. Users are now seeing the splash screen which informs them that the integration is live. So, it is a boon for the Android Pay that they have added a platform which support nearly all the major banks and cards. Read More

Continue Reading »

Manchester Arena blast: what we know so far

Officials are examining Abedi's trips to Libya and Syria as they piece together his allegiances and try to foil any new potential threats. UK Home Secretary Amber Rudd slammed USA leaks on the investigation into the Manchester attack as "irritating" Wednesday and said she had made it clear that it "should not happen again". Read More

Continue Reading »

Tanzanian president fires mining minister and chief of state-run agency

Tanzanian president fires mining minister and chief of state-run agency

The containers, which had mineral sands from mines in Buzwagi and Pange, were located at a privately run terminal and were awaiting customs procedures before being shipped overseas. Acacia dropped as much as 15 percent to 370.10 pence at 9:49 a.m.in London, the biggest intra-day decline since March 3. "The minister is my friend and I like him very much but I will not forgive him for this", Magufuli said in a televised address after receiving the report on Wednesday. Read More

Continue Reading »

Venezuela Opposition Leader Says His Passport Annulled to Block Trip to UN

Venezuela Opposition Leader Says His Passport Annulled to Block Trip to UN

Speaking at a news conference in Strasbourg, UN Secretary General Antonio Guterres expressed "great concern" over the "extremely hard situation" in Venezuela and said he was in contact with regional leaders. "We haven't really seen a problem like that.in decades, in terms of the kind of violence that we're witnessing", Trump told a joint news conference with visiting Colombian President Juan Manuel Santos. Read More

Continue Reading »

Saudi Arabia king: Trump's visit a 'turning point'

Saudi Arabia king: Trump's visit a 'turning point'

Trump declared that he would not call the attackers "monsters", a term he believes they would prefer, instead choosing "losers", a longtime favorite Trump insult and one he has directed at comedian Rosie O'Donnell, Cher and others. Ultimate power in Iran rests not with the president but with the supreme leader, who is chosen by a clerical panel and has the final say over all matters of state. Read More

Continue Reading »

Banco Santander, S.A. (SAN) PT Set at €5.95 by Citigroup Inc

Johnson Investment Counsel Inc. raised its stake in shares of Banco Santander, by 0.8% in the third quarter. Price Target plays a critical role when it comes to the analysis of a Stock. Shares of Banco Santander-Chile (NASDAQ:BSAC) opened at 24.56 on Tuesday. 1 number of analysts have estimated the sales of the company for the quarter, analysts estimated mean sale target of 3606 million while high and low sale targets are estimated at 3606 million and 3606 million respectively. Read More

Continue Reading »

Moody's downgrades China's credit rating

The outlook was raised to stable from negative. The Wednesday downgrade was the first for China in close to 30 years. Fitch though has maintained its A plus ratings with stable outlook since 2007. Retreating upon news of the downgrade were stocks in Shanghai, the offshore yuan, and the Aussie dollar (often seen as a liquid proxy for China risk ). Read More

Continue Reading »

DONG Energy divests upstream oil and gas business to INEOS

DONG Energy divests upstream oil and gas business to INEOS

The closely held company plans more acquisitions, primarily in the North Sea, Tom Crotty, a director at Ineos, said in an interview on Wednesday. As part of the acquisition, Ineos, which bought DEA's and part of Fairfield's United Kingdom portfolio in 2015, will pay $150 million related to the Fredericia stabilization plant and a contingent payment of up to $100 million subject to the development of the Rosebank field, operated by Chevron, west of Shetland. Read More

Continue Reading »

Puma Biotechnology Inc (PBYI) Earns

Puma Biotechnology Inc (PBYI) Earns "Buy" Rating from Citigroup Inc

The time frame or length you choose for a moving average, also called the "look back period", can play a big role in how effective it is. The number of shares now held by investors is 36.97 Million. Return on Equity (ROE) stands at -186.7% and Return on Investment (ROI) of 0 percent. Similar statistics are true for the second largest owner, Fmr Llc, which owns 3,540,729 shares of the stock are valued at $133.84 million. Read More

Continue Reading »

What Analysts Suggest About Energy Transfer Partners LP (NYSE:ETP)?

Ota Financial Group Lp decreased its stake in Enbridge Energy Partners (EEP) by 75.39% based on its latest 2016Q4 regulatory filing with the SEC. Stock is now moving with a positive distance from the 200 day simple moving average of approximately 3.87%, and has a poor year to date (YTD) performance of -4.14% which means the stock is constantly subtracting to its value from the previous fiscal year end price. Read More

Continue Reading »

Which insiders are buying Nokia Corporation (NYSE:NOK)?

Nokia Oyj (NYSE: NOK ) was the recipient of a significant drop in short interest in March. NOKIA has been the topic of several other reports. Ladenburg Thalmann Financial Services Inc. Shareholders of record on Friday, May 26th will be given a dividend of $0.1824 per share. Apple Is Now Working With Nokia To Explore Health Tech" published on May 23, 2017 as well as Investorplace.com's news article titled: "How to Buy the Nokia Oyj (ADR ) ( NOK ) Stock Pullback" with publication date: "April ... Read More

Continue Reading »

United States pre-open: Stocks seen muted ahead of FOMC minutes

United States pre-open: Stocks seen muted ahead of FOMC minutes

Since the onset of the Great Recession in 2008, the Federal Reserve deviated from rules for determining interest rates to pursue an "accommodative monetary policy", Fischer explained. "My expectations are that the pace of interest rate hikes will be kept steady and stable regardless of the short-term fluctuations in the United States economic data", said Mark To, head of research at Hong Kong's Wing Fung Financial Group. Read More

Continue Reading »

OPEC likely to extend output cuts, but price relief elusive

On May 15, the Russian and Saudi energy ministers said in a joint statement that Moscow and Riyadh meant to propose a 9-month extension of the Vienna agreement on oil output cuts under the existing conditions. The Organization of the Petroleum Exporting Countries , led by Saudi Arabia, and other producers including Russian Federation meet on May 25. OPEC has a tendency to surprise, so any of these outcomes - or others - are possible. Read More

Continue Reading »

High Court Ruling On NC Voting Districts May Affect Georgia

High Court Ruling On NC Voting Districts May Affect Georgia

North Carolina's voters would be much better served if a bipartisan or nonpartisan independent commission did the work, as happens in some other states. But neither will we approve a racial gerrymander whose necessity is supported by no evidence and whose raison d'être is a legal mistake. Conservative Clarence Thomas, the court's only black justice, joined Kagan's ruling . Read More

Continue Reading »

UAE and Saudi Arabia to donate $100m to Ivanka Trump fund

Further, Klein said Trump should have mentioned the "refusal of much of the Muslim world to negotiate with and accept Israel as a Jewish state". World Bank president Jim Yong Kim announced the donation from both oil-rich Gulf states on Sunday, during a meeting between Ivanka Trump and a group of Saudi women, a member of the USA delegation said. Read More

Continue Reading »

Highlights of Trump's budget proposal

The budget proposes deep cuts to many departments and programs, including environmental protection, scientific research, affordable housing, Medicaid and the arts. "If we implemented this budget, you'd have to retreat from the world or put a lot of people at risk", said Republican Senator Lindsey Graham. Mulvaney pushed back, insisting that the cuts came exclusively from ironing out inefficiencies in the programs and ensuring able-bodied people work. Read More

Continue Reading »

Kiwi motorsport star Scott Dixon and wife robbed at gunpoint

Kiwi motorsport star Scott Dixon and wife robbed at gunpoint

The stations cite the report as saying Dixon, an IndyCar driver for Chip Ganassi Racing , was driving a company-owned Honda at the time of the robbery. Minutes later, an officer conducted a traffic stop on the suspects just two blocks away, at W. 16th Street and Tibbs Avenue. It feels so good, " said Dixon, who takes over as the series points leader after the pole victory. Read More

Continue Reading »

Finance committee won't take up UW budget

Finance committee won't take up UW budget

College students would be eligible for more financial aid under a plan the Legislature's budget committee has approved. Alberta Darling (R-River Hills) and Rep. "But, to me, the gas tax increase, for something like, that is a non-starter". Walker's proposed five percent cut for the UW System. The increases were supposed to have been covered under Walker's budget by savings generated by moving the state to a self-insurance model but finance committee leaders have signaled they won't go that ... Read More

Continue Reading »

House Intelligence Hearing With John Brennan

House Intelligence Hearing With John Brennan

He also says that before sharing such classified intelligence with foreign partners, the US would go back to the intelligence partner that provided the information to make sure what was shared would not compromise operatives. The former Central Intelligence Agency chief said his meeting with Bortnikov was primarily focused on Syria, but that he also told the Russian official that Moscow's continued mistreatment of USA diplomats there was "irresponsible, reckless, intolerable, and needed to ... Read More

Continue Reading »

Trump Budget Numbers Make No Sense

Many many economists and the Federal Reserve regard it as unlikely. The plan cuts nearly $3.6 trillion from an array of benefit programs and domestic agencies over the coming decade. Mulvaney said Tuesday that "sustained, 3 percent economic growth" is the foundation of Trump-enomics that everything the administration does is based on. Read More

Continue Reading »