Archive | Markets

Saudi pledges adherence to oil cut

Producers are seeing that oil prices have not climbed to $60 yet, "and if they want that, they must provide the market with confidence". But US ...

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International Monetary Fund affirms Nigeria's recovery from recession, with 0.8% growth forecast

The IMF now expects the U.S. economy to grow by 2.3% this year, up from a previous estimate of 2.2%, while the forecast for 2018 has been raise...

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Essilor and Luxottica Merge to Create 46 billion Euro Eyewear Giant

Essilor and Luxottica projected the newly combined company would progressively generate revenue and cost synergies ranging from roughly $424 m...

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Nicole Kidman Clarifies Her Controversial 'Support' For Donald Trump In New Interview

The actress, who is a dual citizen of the US and Australia, initially spoke with the BBC on why she believed it was time to move on and suppor...

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Duke loses to Louisville despite Grayson Allen's best efforts

While opposing fans have utter disdain for Allen, chances are good you'll hear his competitors, and opposing coaches, praise him for the player ...

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NRF: Holiday Retail Sales Up 4 Percent Over 2015

Department store sales fell 0.6 percent and electronics and appliance stores reported a 0.5 percent drop. In December 2016, the US retail sale...

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Bank of America Corp (NYSE:BAC) Could continue to see growth in…

Following Earnings result, share price were DOWN 6 times out of last 7 Qtrs. "We've often said that when things are great we might not be as hig...

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Billionaire George Soros Makes a Huge Stock Miscalculation

George Soros lost almost $1 billion as a result of the stock-market rally spurred by Donald Trump's surprise presidential election , the Wall ...

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Renault to be probed over diesel emissions say French prosecutors

The software adjusts the engine to make the auto produce less nitrogen dioxide gas during test situations. This week Italian auto giant Fiat w...

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Women's March Could Be Bigger Than Trump Inauguration

A few thousand protesters chanted "no justice, no peace" while marching along the National Mall toward the Martin Luther King Jr. Memorial, abou...

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Mexico's president: We will not pay for the wall

Last month, Reuters stated that Mexico's government meant to use security and migration to secure leverage over the United States in its dialo...

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Wells Fargo & Co (WFC) Stock Rises Despite Q4 Miss

Sandler O'Neill reaffirmed a hold rating on shares of Wells Fargo & Company in a research note on Friday, September 9th. Wells Fargo has sai...

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'Historic Day' as Iran lands first Airbus jet

The brand new fleet of IranAir will eventually comprise 100 Airbus air planes and 80 planes from the Boeing brand. Highlighting Iran's emergen...

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Takata shares surge on report of settlement with US

Justice Department per the publication's reliable sources. This isn't the first settlement with US auto safety regulators for Takata . A fede...

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PM's charkha spins a big fight: Govt guilty of promoting cult Modi?

In a brief protest , dozens of workers associated with the KVIC, who gathered at suburban Vile-Parle, said they were raising the issue since M...

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Hyped Drone Company Lily Collapses After Failing To Raise Additional $15 Million

With that said , the company has announced that they will be refunding every customer who had pledged their amount during the crowdfunding proc...

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National Grid 'must have a new operator for lower bills'

Energy secretary Greg Clark added: "Separating our system operator will give greater confidence to investors that Great Britain offers a level p...

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VW To Admit Guilt To Settle Civil And Criminal Dieselgate Charges

All are charged with "conspiracy to defraud the United States , defraud VW's US customers and violate the Clean Air Act by making false represe...

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M&S sales grow under new boss

The company highlighted that lower like-for-like general merchandise sales are likely down to it not repeating the Clubcard "Boost" promotion wh...

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Amazon flips the script on premium card rewards

According to CNET , the new Visa card also provides 2% cash back on purchases made at drugstores, gas stations or restaurants. They're easy t...

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Iran Air Takes Delivery of its First New Airbus

A total of 320 firm orders were bagged, in which 72 aircraft order was finalized with Indian low cost airliner GoAir and 100 with Iran Air. Wi...

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Gildan Is Buying American Apparel

Canada-based Gildan Activewear (GIL) on Tuesday said it has won a USA bankruptcy court-supervised auction for the embattled California-based fas...

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Yahoo is no more, its Altaba after Verizon takeover

This slide show will cover what led up to the deal, the acquisition details and why Verizon is spending additional due diligence time trying to ...

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Valeant uncouples Dendreon and skincare brands to cut debt

Furthermore L'Oreal paid almost eight times the brand's combined annual revenue of $168 million as it swells into one of the fastest growing are...

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Yahoo (NASDAQ:YHOO) Renamed Altaba, Marissa Mayer Leaving

Reuters says terms of the deal could be amended, or entirely called off, after Yahoo's big data breach debacles previous year. She will most ...

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