Friday, 20 April 2018
Latest news
Home » Markets

Markets

SSE and npower set to merge to create biggest United Kingdom supplier

perth_map

The news follows reports on Monday that Innogy could sell Npower or combine it with a local rival as the business racks up losses and loses customers on the back of customer service troubles and higher costs. "It will disclose the outcome of the discussions as soon as they are concluded". Innogy said the combined business would be listed. The talks come as the United Kingdom government is set to introduce energy price caps , standard variable tariffs and other default tariffs in a bid to ... Read More »

Double digit decline for United Kingdom auto market in October

However, despite coming under some pressure, the SMMT data suggests that petrol and diesel cars still dominate the market for new vehicles, with a total of 946,537 diesel and 1,175,697 petrol cars registered for sale in the United Kingdom, and 102,369 alternatively fuelled vehicles throughout 2017. Read More »

New scam targets millions of Netflix users

perth_map

Not only that but when the user actually clicks on the link provided in the email they are taken to a website that looks like a relatively convincing mock-up of a Netflix dashboard. Scammers can break into Wordpress sites by making use of vulnerabilities in blog plugins and once in, they can make the website look enough like a real Netflix login page to trick their victims - as shown in the screenshot above. Read More »

Broadcom offers to buy Qualcomm in $130 billion deal

To acquire Qualcomm , the world's largest maker of mobile-phone chips, Broadcom would pay a 28 percent premium over the stock's closing price on November 2, before Bloomberg first reported talks of a deal. "We are positive on the potential of this acquisition as it would bring in complementary cellular products and cost synergies, leading to immediate earnings per share accretion. Read More »

Strangers ticketed for having sex on Delta flight

perth_map

They did confirm that both the man and the woman were booked on connecting flights out of Detroit to Miami and Nashville respectively. One said, "The act itself is inappropriate in a public space". Upon landing, the pair was arrested and taken into custody at the airport terminal, issued citations, and the case was turned over to the FBI for investigation, as crime that takes place on airplanes is dealt with federally. Read More »

Target won't keep stores open all night on Thanksgiving

perth_map

A Black Friday preview sale will be available Monday, Nov. 6, online, until 11:59 p.m. PST. For the last two years, Best Buy closed its stores in the overnight hours . But some retailers will still pull all-nighters. Toys R Us is sticking with its strategy of aggressively extending its Black Friday hours even after filing for bankruptcy in September. Read More »

India Index MSCI Ishares (INDA) Ichimoku Reading Holds Above the Cloud

The author states that because the average's fallback is slow, trading systems can be created with nearly whipsaw-free trades. Shares of Hong Kong Index MSCI Ishares (EWH) have a 200-day moving average of 23.39. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold. Ichimoku Kinko Hyo, which translates to "equilibrium at a glance chart", was developed to allow a trader to quickly and easily appraise the trend, ... Read More »

Wilder 'Declares War' On Joshua After Brutal Knockout Of Stiverne

perth_map

The English IBF and WBA king laboured to a controversial 10 round win over Carlos Takam in Cardiff last weekend and happily discussed unifying the heavyweight division with Wilder's belt in 2018. We do what we have to do in the ring, at least he is a clean fighter and he stepped up. Joshua, who moved to 20-0 with a win on October 28, and promoter Eddie Hearn have said Wilder , who in Brooklyn knocked out the only man to take him the distance, is in their plans for 2018, along with ... Read More »

Dark clouds hang over construction industry despite unexpected growth

perth_map

The IHS Markit/Chartered Institute of Procurement & Supply Purchasing Managers' Index rose unexpectedly to 55.6 in October from 53.6 in September. While a robust performance from housebuilders helped drag the sector back into expansion, the industry's performance was still tracking below the post-crisis trend of 54.7. Read More »

Unilever To Buy Tazo Tea From Starbucks For $384 Million

perth_map

The acquisition by Unilever is the latest in a string of deals by the Anglo-Dutch consumer giant to add smaller and healthier brands to its portfolio, particularly those in the fast-growing speciality tea market. $5.7 bn was flat compared with the same period a year earlier. On the company's quarterly call, Starbucks said it would launch a co-branded Chase Visa credit card this winter. Read More »

Twitter employee uses last day to deactivate Trump account

perth_map

President Trump's Twitter account was briefly shut down by a rogue employee on his last day with the company . Trump did not react on Twitter to the temporary removal of his account until almost 12 hours later. The page mostly contains retweets of Trump's posts from @realDonaldTrump . Twitter has struggled in recent months in how it enforces, and explains, its procedures for managing accounts that violate its policies created to prevent hate, harassment and other abuse of the platform. Read More »

USA citizen arrested in Zimbabwe, accused of insulting Mugabe

perth_map

According to the Zimbabwe Lawyers for Human Rights , detectives raided her house in Harare early on Friday morning and confiscated her laptop and other electronic equipment. The government has been particularly uneasy about social media after activists such as pastor Evan Mawararire and his #ThisFlag movement a year ago used social media to organise a stay-at-home demonstration, the biggest anti-government protest in a decade. Read More »

Facebook: 88% of ad revenue is from mobile

perth_map

Appearing in front of a Senate judiciary subcommittee, Facebook confirmed reports that ads bought in Russian Federation were delivered to an estimated 126m people during last year's election campaign. David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now. and Facebook wasn't one of them! In the third quarter of 2017, Facebook incurred capital expenditure of $1.76bn. Read More »

Tesla CEO Elon Musk Says Three Years to Production Start in China

perth_map

Musk also briefly touched on where Tesla is with respect to autopilot. The Model 3 line at the company's Fremont, California, plant is barely moving, with workers frequently having to sub for stalled automation systems. The software problem may be resolved, but the CEO and his top management team revealed that there remain scores of other bottlenecks to break, primarily on the first half of the new line. Read More »

BP plc (BP) Given "Overweight" Rating at Barclays PLC

perth_map

Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) has declined 47.61% since November 2, 2016 and is downtrending. It has outperformed by 7.97% the S&P500. The firm has "Buy" rating by Numis Securities given on Wednesday, February 15. Over the last 30 and 90 trading days the company share price has increased 9.8 points and decreased 1.5 points respectively. Read More »

NAB to simplify operations via job cuts

NAB is following in the footsteps of Nordea Bank and Japan's Mizuho Bank, both of which announced job cuts this week. The bank says the changes "will result in a net reduction in staff now targeted at approximately 4,000 by the end of FY20, which is expected to give rise to a 1H18 restructuring provision of $0.5-0.8 billion". Read More »

Facebook Profit Jumps 79% to United States dollars 4.7 Billion in Q3

perth_map

Daily active users and monthly active users both grew 16 percent year over year. Ad revenue saw a 49 per cent year-on-year (YoY) increase compared to Q3 2017, with mobile ad revenue representing around 88 per cent of that total. "But I want to be clear about what our priority is. Protecting our community is more important than maximizing our profits." said Zuckerberg. Zuckerberg's statement comes at a critical time for Facebook as well as other online advertising platforms. Read More »

Neenah police say parent found nails in candy bars

perth_map

Police have submitted the candy to crime lab for testing. Police are asking parents and guardians to carefully inspect all of their children's candy, even if the wrapper doesn't appear to have been tampered with, before it is consumed. A child found a nail hidden in a Tootsie Roll in 2016. Police in the USA state of Wisconsin are warning residents of various types of trick-or-treating candy found with needles in them in Halloween celebration. Read More »

Tesla Posts Loss, Boosting Pressure to Speed Output of Model 3

perth_map

It only produced 260 Model 3 sedans in the third quarter, widely missing its target to manufacture 1,500 vehicles in September only. And the problems will continue. This is a significant milestone as the Tesla fleet is now about 100 times larger than it was five years ago, just before the launch of Model S. However Tesla plans to produce about 10 percent fewer cars of both models in the fourth quarter as more resources shift toward Model 3. Read More »

NERD returns with new track with Rihanna!

perth_map

That woman (Pharrell's real life dancer Mette Towley ) ends up being the focus of " Lemon " as she dances in an indoor flea market. To celebrate the release of their brand new single, N.E.R.D. When we released our first album back in 2001 and first crossed the Atlantic, this was the first place to embrace us. She also debuted her second apparel collection with Adidas during New York's Fall Fashion Week that month, and joined the cast of the all-women reboot of Ocean's Eight past year. Read More »

Australia to ban climbing on Uluru from 2019

perth_map

It made a decision to close the rock to climbers from October 26, 2019 - 34 years to the day since it was handed back to its traditional owners, the Anangu people, the Northern Territory News reports . Uluru's land title was handed back to its traditional owners in 1985, but was immediately leased to the Australian federal government to be jointly managed as a national park for 99 years. Read More »

Rose McGowan Offered $1 Million In Harvey Weinstein Hush Money

perth_map

Weinstein was sacked from The Weinstein Company on October 8 after The New York Times published an expose that detailed decades of sexual harassment allegations against him. McGowan reached a $100,000 settlement with Weinstein in '97, but only learned over this past summer that the settlement did not include a confidentiality clause. Read More »

Shots fired in Manhattan; one person in custody

perth_map

A witness said a man drove his pickup truck down the bike lane on the West Side Highway and ran over multiple people. Earlier a vehicle entered the West St. "A vehicle just ran over 2 people and then crashed into a school bus", one person on scene tweeted. Multiple law enforcement officials tell ABC News that the suspect in custody has been identified as 29-year-old Sayfullo Saipov from Tampa, Florida. Read More »