Economy

The Mobile Number Will Not Be Made 13 Digits: DoT Report

The Mobile Number Will Not Be Made 13 Digits: DoT Report

A 10-digit numbering plan may then fall short to accommodate the billions of machines that would be able to communicate with each other as time goes. Confirming the development, Bharti Airtel, in a wr...

by · Economy
NDP budget includes fare freeze, seniors discount for BC Ferries

NDP budget includes fare freeze, seniors discount for BC Ferries

On the revenue side, with MSP premiums being eliminated, the government is introducing an "employer health tax" which will raise almost $ 2 billion a year by the time it is fully implemented in three...

by · Economy
How a glitch can cost $20 billion worth of Bitcoin

How a glitch can cost $20 billion worth of Bitcoin

The issue was discovered on February 16 and Zaif made the public aware on February 20 via a blog on its website. One of the clients managed to "purchase" $20 trillion worth of bitcoins and then tr...

by · Economy
Yuma home sales on the rise contradicting national slowdown

Yuma home sales on the rise contradicting national slowdown

Existing home sales fell 3.2% to a seasonally adjusted 5.38 million-unitrate in January from a revised 5.56 million sales pace the previous month, first reported as 5.57 million, the National Associ...

by · Economy

American Electric Power (AEP) Given New $71.00 Price Target at Morgan Stanley

It has underperformed by 0.67% the S&P500. The firm has a market capitalization of $33,084.21, a price-to-earnings ratio of 17.29, a PEG ratio of 3.21 and a beta of 0.18. 2,787 were reported by Bell C...

by · Economy

Dollar hits one-week high as focus shifts to Fed,…

S. home sales unexpectedly fell in January. US crude CLcv1 fell 0.76 percent to $61.32 per barrel, and Brent LCOcv1 was last at $65.10, down 0.23 percent on the day. "Consequently, the USD's risk pr...

by · Economy

Minutes Show Fed Still On Track For Three Rate Hikes

Some members upgraded their expectations of economic growth for the near term compared to expectations at the December meeting. Several Fed officials have said they remain focused on the underlying st...

by · Economy
Exploring GDPR - The New Digital Landscape

Exploring GDPR - The New Digital Landscape

GDPR is a European regulation that will require companies to have clearer and more robust processes in place when handling personal data relating to their customers, their staff or other persons who ...

by · Economy
Eurozone February prelim manufacturing PMI 58.5 vs 59.2 expected

Eurozone February prelim manufacturing PMI 58.5 vs 59.2 expected

Germany's score for services also fell to a three-month low to 55.3, down from 57.3 in January. Chris Williamson, chief business economist at IHS Markit , said political uncertainty created by Chan...

by · Economy
United States fighter jet discharges fuel as engine catches fire over Japan

United States fighter jet discharges fuel as engine catches fire over Japan

The closest boat was barely 200 meters or so from where one tank fell, and the impact reportedly caused a splash about 15 meters high. "The aircraft was recovered safely on the installation airfield...

by · Economy
BP (BP) Rating Reiterated by JPMorgan Chase & Co

BP (BP) Rating Reiterated by JPMorgan Chase & Co

It has underperformed by 12.66% the S&P500. One research analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. It offers vehic...

by · Economy
Cabinet decision ends Coal India monopoly

Cabinet decision ends Coal India monopoly

The CCEA has appr-oved the methodology for auction of coal mines or blocks for the sale of coal under the Coal Mines (Special Provisi-ons) Act, 2015 and the Mines and Minerals (De-velopment and Regu...

by · Economy
PNB scam effect: LIC, Gitanjali, loses Rs 1400 crore in three days

PNB scam effect: LIC, Gitanjali, loses Rs 1400 crore in three days

Continuing with its action against the Gitanjali Group in the Rs 11,000-crore Punjab National Bank scam, the Enforcement Directorate (ED) on Sunday recovered jewellery worth Rs one crore from the ou...

by · Economy
Uber Just Launched a New Option With Its Cheapest Fares Yet

Uber Just Launched a New Option With Its Cheapest Fares Yet

Express Pool, Uber's new low-priced carpool service, has passengers walk to meet their drivers in order to make the route most efficient. According to Uber director of product Ethan Stock, the tri...

by · Economy
IShares MSCI EAFE Small-Cap (SCZ) Rises 0.023% for Feb 20

IShares MSCI EAFE Small-Cap (SCZ) Rises 0.023% for Feb 20

A value of 25-50 would indicate a strong trend. Using a bigger time frame to assess the moving average such as the 200-day, may help block out the noise and chaos that is often caused by daily price f...

by · Economy
AT&T to start rollout of mobile 5G in Dallas, Atlanta, Waco

AT&T to start rollout of mobile 5G in Dallas, Atlanta, Waco

However, the network operator did not offer any details on where exactly its mobile 5G services will be available first and when. AT&T's milestone is only a milestone if you understand the debate ...

by · Economy
Brexit doesn't mean a 'Mad Max-style free-for-all'

Brexit doesn't mean a 'Mad Max-style free-for-all'

Rubbishing the claims as "based on nothing", he called for a "race to the top" in global standards . "Work to combat climate change, for example, has to be done at an worldwide level". He hinted st...

by · Economy

US yields rise in auctions as stocks sink; dollar recovers

Shares of Walmart Inc slumped 10.2 percent after the company reported quarterly results that showed a sharp drop in online sales growth during the holiday period. The dollar index, tracking the unit a...

by · Economy
Walmart US Q4 Ecommerce Sales Slow

Walmart US Q4 Ecommerce Sales Slow

Walmart reported a decrease in digital sales of 23% in the fourth quarter ended January 31, well below the 50% e-comm growth it hit in the previous quarter. The revenue for the retailer for the q...

by · Economy
Walmart Inc. (NASDAQ:WMT) Expected To Report Earnings On Tuesday

Walmart Inc. (NASDAQ:WMT) Expected To Report Earnings On Tuesday

About 13.21M shares traded or 46.15% up from the average. Wal-Mart Stores Inc ( NYSE WMT ) opened at $104.78 on Tuesday. It has underperformed by 2.87% the S&P500. Invest Counselors Of Maryland hold...

by · Economy
Steve Wynn not entitled to severance pay: Wynn Resorts

Steve Wynn not entitled to severance pay: Wynn Resorts

The Davidson Kempner Capital Management Lp holds 237,500 shares with $35.37 million value, up from 212,500 last quarter. Amp Capital reported 0.02% of its portfolio in Wynn Resorts, Limited (NASDAQ:WY...

by · Economy

(NVDA) Stake Lowered by Wedbush Securities Inc

Scorpio Tankers Inc. (NYSE:STNG) has declined 23.80% since February 20, 2017 and is downtrending. It has outperformed by 24.82% the S&P500. Warren Lammert increased its stake in Nvidia Corp ( NVDA )...

by · Economy
A2 Milk doubles profit, inks Fonterra deal

A2 Milk doubles profit, inks Fonterra deal

A2 Milk Company managing director Geoff Babidge and Fonterra chief executive Theo Spierings said the new strategic relationship included access to Fonterra's global milk pool and supply chain, manufac...

by · Economy
Uttar Pradesh can become growth engine of country, says PM Narendra Modi

Uttar Pradesh can become growth engine of country, says PM Narendra Modi

According to the Central Statistics Office data, the size of the Maharashtra and Uttar Pradesh economies was $308 billion and $172 billion, respectively, in 2015-16. "On this note, I welcome you to Ut...

by · Economy
Lloyds Banking Group (LON:LLOY) Stock Rating Reaffirmed by Goldman Sachs Group

Lloyds Banking Group (LON:LLOY) Stock Rating Reaffirmed by Goldman Sachs Group

However the profit figure missed City expectations of £5.7bn, partly due to yet another provision for payment protection insurance (PPI) misselling of £600m, which it took in the fourth quarter. Laith...

by · Economy
KFC closures as chain runs out of chicken

KFC closures as chain runs out of chicken

Some 450 of KFC'S 900 outlets in Britain remained close yesterday, following "operational issues" with new German delivery supplier DHL. "That caused delays straight away". Disruption is set to contin...

by · Economy
BHP expecting bids for its USA shale holdings by June

BHP expecting bids for its USA shale holdings by June

The stock decreased 3.57% or GBX 55.8 during the last trading session, reaching GBX 1506.2. BHP Billiton Limited (NYSE: BHP ) yearly performance is 18.79% and net profit margin is 15.40%. It also ...

by · Economy
Walmart's Online Sales Come Under Pressure

Walmart's Online Sales Come Under Pressure

Walmart delivered a disappointing annual profit forecast as its once-torrid e-commerce sales growth begins to decelerate and the USA tax overhaul provides less of a windfall than expected. Those inves...

by · Economy
Porsche NEVER wanted to offer DIESEL engines - and now it doesn't

Porsche NEVER wanted to offer DIESEL engines - and now it doesn't

And now the company has stopped global production of the Macan S diesel and also the Panamera 4S diesel . Porsche has announced that it has ended production of all diesel-engined cars and in fu...

by · Economy
Moors & Cabot Inc. Has $4.70 Million Position in The Coca-Cola Co (KO)

Moors & Cabot Inc. Has $4.70 Million Position in The Coca-Cola Co (KO)

Lowe Brockenbrough & Company Inc sold 7,087 shares as the company's stock rose 6.48% with the market. The institutional investor held 4.74M shares of the beverages (production and distribution) compan...

by · Economy