Monday, 18 February 2019
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Deutsche Boerse CEO Probed for a Trade Just Before LSE Deal


Two months later, in February 2016, Deutsche Boerse and the London Stock Exchange unveiled their merger plans, an announcement which sent their share prices shooting upwards. The shares were worth roughly 4.5 million euros ($4.9 million) at the time, but their value has since increased by 30%. The share purchase was "in implementation of the executive board's remuneration programme as approved by the supervisory board of Deutsche Boerse AG", it said. Read More »

Merkel to Trump adviser: We're not manipulating the euro

Elsewhere in his interview , Navarro said that the skewing of effective national exchange rates was one of the reasons he expected the mooted comprehensive free trade deal between the US and European Union (the Transatlantic Trade and Investment Partnership, or TTIP) to die a quiet death under the new administration. Read More »

Snap Move On AR Advertising Ahead Of IPO

Investors thought Twitter might be the next Facebook , with more than one billion users and tremendous demand from advertisers. The company reportedly told its private investors that it expected to make $250 million to $350 million in advertising revenue in 2016. Read More »

Oil down on Wednesday as supplies remain plentiful amid OPEC-led cuts


Brent crude futures, the global benchmark for oil prices, were trading at $55.48 per barrel at 0140 GMT, down 10 cents from their last close. On the New York Mercantile Exchange, crude oil for delivery in March eased 0.59% to $53.56 a barrel, while on the Intercontinental Exchange in London, Brent oil for March delivery was last quoted flat at $56.59 a barrel. Read More »

Uber Halts Ride-Hailing Service in Taiwan


The island's law makers passed a resolution a year ago that targets Uber and illegal passenger transportation services transportation companies by raising the maximum fine up to T$25 million ($780,000) from between NT$50,000 and NT$150,000, which Uber says are the highest in the world. Read More »

GoPro's Karma drone returns


The stock is now falling like a recalled GoPro Karma drone . We knew we had to move quickly. The company announced the relaunch on its blog today, saying the "new" Karma drone is almost identical to the original model, with one exception: the battery latch has been redesigned, solving the power loss issues some owners experienced. Read More »

Florida woman says cleavage got her kicked off Spirit Airlines flight


Supp said the interaction was intensive, and that when she came to the defence of the other woman, she was also removed from the plane. "I was really embarrassed", the unidentified woman told Miami's Local 10 News in a phone interview. "You know, it was like, you know, pick the weak one out of the crowd and pick on her". And.that's okay? Even if you do feel you need to remove a passenger for their behavior, a parting shot about their looks as they're escorted away makes you a way bigger ... Read More »

Facebook surges past earnings forecasts, user base grows

The social network said revenues hit $8.8 billion, easily beating Wall Street analysts' estimates of $8.5 billion. Money taken in from ads on mobile devices accounted for approximately 84 percent of the social networks overall advertising revenue in the final quarter of past year. Read More »

H&M sales in Romania climb 17% in FY 2016

A total of 70 to 80 new store openings are on the cards but they will be other H&M brands such as COS, Monki and Weekday. For 2016/2017, H and M aims to raise its turnover from shops and online sales combined by 10 to 15 percent. However, net income dropped almost 11% to 18.6 Billon krona ($2 Billion). H&M shares rose as much as 6.2 percent in early Stockholm trading, nearly erasing their decline this year. Read More »

The 24 most valuable brands in the world

Google's brand value rose by 24 per cent previous year, increasing from $88.2billion to $109.4billion, putting it in first place in the "most valuable" rankings, a position it hasn't held since 2011. The report outlines how Google is largely unchallenged in their core search engine business and their advertising revenues rose sharply past year. Telstra's business performance has had a positive impact on brand value. Read More »

Trump expected to order clamp down on H1B, L1 visas

Bloomberg reports that another executive order is in draft form that aims to reform the work-visa program. The Economic Times of India reports an executive order may be coming with further restrictions on H-1 B visas. Highest among the top traded stocks was Infosys followed by Tech Mahindra, TCS, HCL Technologies, Datamatics, Wipro, Tata Elxsi, HCL Infosystems, etc. Read More »

Budget 2017: Arun Jaitley tables Economic Survey

Prices could fall further as investing undeclared income in real estate becomes more hard; but tax component could rise, especially if GST is imposed on real estate. Any uncertainty from demonetisation needs to be addressed. The Survey suggests a few measures to maximise long-term benefits and minimise short-term costs. Read More »

Sensex soars over 347 points to regain 28000-mark on Budget proposals

Post Finance Minister Arun Jaitley's Union Budget speech in the Lok Sabha, investors' sentiments turned positive and supported domestic equity markets to snap two-session losing streak. A total of 111 shares were unchanged. Meanwhile, the Rupee was trading 20 paise higher at 67.67 against the US Dollar. The S&P BSE IT index plunged by 292.54 points, followed by the oil and gas index, which declined by 213.77 points, and the healthcare index, which slipped by 206.74 points. Read More »

Diageo investing €25m in new Irish whiskey brand

Diageo is now sourcing its liquid from other distilleries, but is planning on building a distillery in Dublin, which is scheduled to be completed in 2019. The new St. James's Gate distillery, will be situated just a stone's throw away from where the George Roe and Co distillery once stood and subject to planning approval will begin production in the first half of 2019. Read More »

Vodafone in talks on India unit/Idea Cellular deal

Market leader Airtel on Wednesday said that though the merger between Vodafone and Idea Cellular is good for the overall industry, it must not be forced on the operators due to unfair market conditions. Reliance Jio, launched last September and bankrolled by the country's richest man Mukesh Ambani , has offered subscribers 4G internet for free until March 2017. Read More »

The owner of Guinness is creating a brand new Irish whiskey

Now, Diageo has announced that it's reviving the George Roe name, and giving it to its new premium blended Irish whiskey, Roe and Co. Diageo hopes to receive approvals and begin construction this spring with the goal of opening the brewery in fall 2017 to mark the 200th anniversary of Guinness first being imported into the U.S. Read More »

What are analysts Suggestions on: Teva Pharmaceutical Industries Limited (NYSE:TEVA)

The stock price have dropped -14.04% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -35.78%. Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. Read More »

Shell to sell North Sea assets to Chrysaor for $3.8 bln

Chrysaor's chief executive is Phil Kirk, who is now co-chair of the OGA's United Kingdom exploration board. Shell said it will receive $3 billion upfront, with up to $600 million contingent on Brent oil prices being above $60/b in 2018-19 and above $70/b in 2020-21. Read More »

Patriots host Super Bowl send-off rally

First up will be Gerald Sensabaugh, who was an eight-year veteran with the Dallas Cowboys and Jacksonville Jaguars. In these polarized times, Americans still agree on one thing: hating the Patriots. "They use a variety of different formations, personnel groups". These two teams have a combined 27-9 record on the season vs. the Vegas number, and heading into the Super Bowl each team makes a compelling case that they will be victorious in Super Bowl 51. Read More »

Senator Schumer to Introduce Bill to reverse Trump Immigration Bar


John McCain of Arizona and Lindsey Graham of SC, have spoken out against the ban but Schumer said there are at least nine others across the aisle who have opposed the move. Another Democrat joined in on the theme of tears when she too painted the Statue of Liberty as a woman crying over Trump's temporary order. There has been no official word on a total number of detainees at USA airports. Read More »

ND Dem Senator seeks Trump's help to tackle DAPL protesters


The pipeline, however, passes only 20 miles away from the source of water for the Standing Rock Sioux Tribe, putting their water at risk of contamination. Gaddy, a University of SC student and co-founder of 350 Columbia . Gaddy said the Dakota pipeline would be the focus of Friday's demonstration. The pipeline would run for approximately 1100 miles. Read More »

Miss Universe Crowns 2017 victor as World Beneath Burns


Iris Mittenaere, a 23-year-old dental student from France, won the Miss Universe crown on Monday in Manila, the Philippines, where it was held this year. Asked during the question and answer portion which failure made a mark in her life and how she learned from it, Iris talked about the setbacks in her studies but said these have kept her going. Read More »

Rochester, Charles City McDonald's Locations Part of Special Sauce Giveaway


Wednesday, the chain announced which US locations are involved in giving away 11.4-ounce bottles of the legendary condiment. "The Bic Mac Sauce remains timeless and customers around the world continue to enjoy its signature taste". The twists on the popular menu item - which features two patties, special sauce, lettuce, cheese, pickles and onions on a sesame bun - offer an even larger and slightly smaller option for diners, McDonald's said. Read More »

Apple are to expand into India's smart phone market


The latter sold 17 million units in China in 2016, accounting for a 4% share of the market. Indian smartphone brands saw their share of the market shrink to 20 per cent in the fourth quarter last year, down from 54 per cent a year earlier. "However, Apple still remains in a vulnerable position and there is higher expectation already with the next year flagship which is rumored to be substantial upgrade from both design and components perspective". Read More »

Trump's border wall hits budget woes


Mr Trump said the conversation was friendly but he will renegotiate trade deals and other aspects of the countries' ties because Mexico has "beat us to a pulp" in the past. "On top of that are the trillions of dollars the USA taxpayers have spent to pay the cost of illegal immigration". Building a 3200km wall along the Mexican border was one of Mr Trump's key proposals during his presidential election campaign. Read More »