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Spins Off Self-Driving Vehicle Program Into Waymo, The Newest Company

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The automakers which developed the auto are within the Alphabet umbrella with John Krafcik as chief executive of the new company. Technology for self-driving vehicles has advanced so speedily over the past few years that some fully autonomous vehicles are probably now capable of operating on public roads, Pack said. Read More »

Heineken is favourite to win Punch Taverns takeover battle

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But Punch has also received a 185p-a-share approach from Emerald Investment Partners, founded by property and healthcare investor Alan McIntosh. The stock rose as much as 38 percent, trading at 173.5 pence as of 12:30 p.m.in London. Any tie-up between Heineken , which already owns 1,100 leased pubs through its Star Pubs & Bars division, and Punch, which owns about 3,300 sites across the country, would be expected to face close scrutiny from competition regulators. Read More »

Consortium offers A$7.3bn counterbid for Tatts Group

The Pacific Consortium comprising of Macquarie Corporate along with First State Superannuation Scheme, North Haven Infrastructure Partners and Kohlberg Kravis Robert have put forward a proposal to acquire 100 per cent of Tatts. The proposal is worth between A$4.40 and A$5 for each Tatts share, the Brisbane-based company said in a statement Wednesday. "Tatts have phenomenal pricing power in lotteries which they have not really exploited", said Gabriel Radzyminski, managing director of ... Read More »

Europa Oil & Gas (Holdings) (LON:EOG) Broker Roundup

Finally, FBR & Co set a $50.00 target price on Carrizo Oil & Gas and gave the stock a "buy" rating in a report on Tuesday, October 25th. The number of times the company missed analysts' estimates is 6. In other news, insider George Kevin Cunningham sold 3,000 shares of Cabot Oil & Gas Corp. stock in a transaction that occurred on Tuesday, September 13th. Read More »

Non-OPEC Oil Producers to Cut Output 558000 Barrels a Day

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In a sign that producers are acting on their plans, AbuDhabi National Oil Company (ADNOC) told customers it would cut supplies by 3-5 percent. The cost sailed past $57 a barrel - its most expensive since July 2015 - with USA crude futures leaping more than 5%. Read More »

Venezuelan rush to unload bank notes before deadline

Venezuelan authorities have accused Colombian organised crime gangs of smuggling warehouses full of the notes out of the country to print counterfeit United States dollars on the paper . Venezuelans will have 10 days from Wednesday to exchange the notes for coins and new, higher-value bills. On Thursday, the government will begin to circulate six new bank notes and three new coins. Read More »

Grammy country committee rejects Beyonce song

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The best-selling albums of the year are Adele's 25, which is the fastest selling album of all time, Justin Bieber's goal, and Blackstar by David Bowie . ET/PT). Here are the six biggest snubs and surprises of the 2017 Grammy nominations. Sydney 25-year-old DJ, musician and record producer Harley Streten, known worldwide as Flume , was nominated for Best Dance Recording for Never Be Like You and Best Dance/Electronic Album for Skin . Read More »

UniCredit Planned to Raise $13.8 Billion for the Share Issue in 2017

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Meanwhile, Unicredit also announced plans to flog €17.7bn of non-core loans to U.S. financial giants Fortress Investment Group and Pimco . The bank plans to launch the issue in the first quarter for 2017. UniCredit also plans to cut a quarter of is 3800 branches. In addition, Jean Pierre Mustier pledged to cut his salary by 40% to €1.2 million without annual bonus in 2016 or during the 2019 plan. Read More »

Google Home Netflix, Photos support appears for some users

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The settings within Assistant still don't show the change - where only Home devices have a dedicated " Home control " section - but the virtual helper on the Pixel finally does what it's asked to do. If your username and password aren't automatically populated, you'll need to type them in. Under the Google Assistant Settings, you can find the More icon and just click it. Read More »

House prices predicted to rise 2% next year

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For Greater London, house prices were on the back foot by 4.3% in December and slipped 0.1% for the year, with an average asking price of £616,160. Asking prices rose in September, although monthly growth looks weak at 0.7%. Rightmove director and housing market analyst Miles Shipside says: "For the housing market the uncertain outlook has meant a head and heart tug of war between "stay put" and "carry on moving". Read More »

Akron weekly gas prices for week of December 12

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Gasoline prices have stayed below an average of $2 a gallon in the Houston area since a brief blip in mid-October. That's below prices in most years, but still almost 20 cents higher than abnormally low prices a year ago. Gasoline costs continue to rise nationwide as the greater Houston average inches back up near $2 a gallon. "But on the other hand the promises for next year do little to change the robust global supply we have today". Read More »

Heavyweight champ Joshua back at Wembley for defining fight

Promoter Eddie Hearn hopes a record-breaking 90,000 fans will be inside Wembley to see the fight, and Joshua - the 2012 Olympic gold medallist - said: "That s definitely one to get excited for". A swatting left hand was all Joshua needed to deliver in the opening round to question Molina's intent, and Joshua continued to probe patiently in the second, unloading a left uppercut which further challenged his opponent's resolve. Read More »

Police arrest man over threats to UK Brexit lawsuit claimant

He closed his argument with: "The eloquence of Eddie's appeal should not be allowed to skew the basic constitutional principles his arguments seek to violate". Anti-EU Conservative lawmaker Iain Duncan Smith said the Commons had given the government a "blank check" for Brexit. The Prime Minister took the wind out of a potential Tory rebellion in the symbolic Commons vote after conceding on Tuesday to set out the direction Brexit negotiations will take. Read More »

Rugby Sevens: England upsets South Africa in Cape Town

Chris Dry outpaced Mitchell to the line for the first try of the match before Richard de Carpentier hit back to give England a 7-5 lead. That put England seven points ahead, leaving South Africa in need of a converted try to prolong the final. Read More »

Reliance Jio effect? Airtel introduces packs for free voice calling

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At present, Reliance Jio is offering free 4G mobile service including calls and data till end March. Even after the freebies, Reliance is offering free calls, no roaming charges and plus 1GB to 10GB dataplan for 4G devices at Rs.149. The plans have a validity of 28 days. Following into Jio's footsteps (not really), Vodafone has doubled the data on its existing schemes over Rs. Read More »

Mnuchin outlines 'largest tax change since Reagan'

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Ross was previously part of the Trump campaign's economic team (as senior advisor on trade) and contributed to Trump's 100-day action plan . Mnuchin, a 53-year-old former Goldman Sachs partner and movie financier, who says he's known Trump for 15 years, repeated the president-elect's goals to upgrade infrastructure in the USA and said he will consider public-private partnerships, along with other options that he didn't specify. Read More »

How Trump plans to punish firms that leave US

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President-elect Donald Trump drew a rebuke from former Democratic presidential candidate Bernie Sanders on Saturday, after turning his attention to another IN company planning a move to Mexico. One of Donald Trump's many campaign promises was that he would be a good president for the economy. In an op-ed on Friday for the website Young Conservatives , Palin said that the details behind the manufacturer's decision to keep jobs in IN are not yet clear. Read More »

Sports Direct sees a sharp decline in profits

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Despite a hard year, Mr Ashley has claimed again that he would like Sports Direct to become the "Selfridges of sports retail". Ashley and senior managers already use a helicopter and a fleet of corporate vehicles to hop between stores and offices. Read More »

ECB says stimulus extension to support economy

However another failure today, could prompt a more serious correction in the pair which has been overbought for days and will need continued support from fixed income market to push higher. Extending QE on Thursday may be the last hurrah for the expansionary monetary policy that has marked Draghi's term in office. "But it has also bought itself time and side-stepped a series of potentially hard discussions about further extensions during 2017". Read More »

ECB adds half a trillion euros in stimulus

Turning particularly to the upcoming presidency of Donald Trump, Draghi said that it is "very, very hard to assess now what is the medium to long term effect", of a Trump presidency. Holger Schmieding, economist at Berenberg Bank, said that the ECB's decisions - offering less stimulus but for longer - "should roughly offset each other". Read More »

Renzi says he will resign with budget's passage

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Giovanni Orsina, a professor of Italian politics at LUISS University in Rome, said the biggest question now was whether the developments of the next few days would go according to Renzi's wishes and demands. Renzi chose to resign after voters Sunday resoundingly rejected government-backed constitutional reforms in a referendum. He pledged to resign if the referendum was defeated. Read More »

Ocado boost sales, but fail to impress investors

Ocado (OCDO.L) believes the start of operations at its third major United Kingdom distribution centre, its most high-tech yet, should help it to secure a long-awaited deal with an global partner, the online supermarket group said on Thursday. Read More »

Italy's Renzi says early elections depend on court decision

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Renzi made a decision to resign after voters Sunday resoundingly rejected government-backed constitutional reforms in a referendum. Italy's defeated Prime Minister plans to formally submit his resignation to Italy's president Sergio Mattarella later today. Read More »

SC allows BCCI to incur Rs 1.33 cr for expenses

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Mumbai Cricket Association (MCA) and Tamil Nadu Cricket Association (TNCA) protested the decision to replay those games as Mumbai and Tamil Nadu are in the same group as Bengal and Gujarat. "The allowances are 50 pounds per day per head". The sports body told the bench that it had no way to finance the cricket matches between the two squads if it was not granted relief by the court. Read More »

Thousands mourn beloved leader Jayalalithaa in south India

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Every possible treatment was being meted out to Amma , she was being supervised by a team of skilled experts until her last breath The Apollo Hospital sent a press statement confirming her death. Yesterday, President Maithripala Sirisena condoled her demise with the diaspora grieving the loss of their beloved leader. As the casket carrying the body of six-time chief minister was placed on the steps of Rajaji Hall, in the heart of the city off arterial Anna Salai, four Armymen covered it ... Read More »

Sensex loses 156 points post RBI decision on rates

It also lowered India's GDP growth rate to 7.1% from 7.6%, which which triggered the tumbling down of indices, brokers told PTI. The Sensex closed down 155.89 points or 0.59 percent at 26,236.87. The BSE healthcare index shed 1.70 per cent, followed by realty 1.49 per cent and banking 1.07 per cent. While no rate cuts came as a surprise to most, analysts say the central bank announcing that the incremental CRR of 100% will be withdrawn from Dec 10 should create room for banks to pass on ... Read More »

FCA tightens rules for spread betting products

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This includes firms failing to adequately consider if CFDs are appropriate for their customers, failing to provide adequate risk warnings, and firms offering excessive levels of leverage to retail clients. The regulator claims some levels of leverage now offered to retail customers exceed 200:1. The watchdog also wants to ban "bonuses" to entice new investors. Read More »

Starbucks to boost number of shops by almost 50 percent

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The Starbucks ready-to-drink offerings such as Double Shot, Frappuccino and Chilled Multi-Serve, through its partnership with PepsiCo, are the leaders in ready-to-drink coffee. Those are technology problems. For the Current Quarter, the growth estimate for Starbucks Corporation is 13%, while for the Next Quarter the stock growth estimate is 17.9%. Read More »