Markets

by | April 13, 2019 | 00:59

Liberty Media Corporation (NASDAQ: LSXMK ) is now trading lower than its price target which is set to $52.5 by the analyst. Checking some other stock price data, we can see that the recent distance from the 50 day high was noted at -8.93% and the separation from the 50 day low is presently 1.44%.

by | April 13, 2019 | 00:29

However, some of the policy makers remained open to changing their attitude if situation develops, seeing more rate hikes "appropriate" if economy runs at higher than normal growth rate. "The minutes of the March meeting , when the FOMC formally abandoned its prior expectation of two rate hikes this year, are a bit less dovish than might have been expected", said Ian Shepherdson, chief economist at Pantheon Macroeconomics .

by | April 13, 2019 | 00:19

US electric vehicle (EV) maker Tesla Inc on Friday said it has started taking orders in China for a lower-priced version of its Model 3 auto, as it seeks to expand its lineup and boost sales in the world's biggest EV market. The company adds anyone who decides to software-limit a Standard Range Plus to Standard Range specification can do so (at any time) and receive a refund for the difference in costs.

by | April 12, 2019 | 17:40

This bill would force the FCC to regulate the internet in the same way it regulates TV for example. In its place, Pai and the GOP-led FCC only required Internet providers to be transparent about the ways they manage their networks, while shifting oversight to another federal agency.

by | April 12, 2019 | 13:25

Refiner Indian Oil Corp (IOC) has halted the supply of fuel to struggling carrier Jet Airways since Wednesday afternoon over non-payment of dues, a source with direct knowledge of the matter told Reuters. In a consortium, each member has to submit solvency certificate, which is a proof of an entity's financial stability. The lenders have offered a stake from 31.2 to 75 per cent of the company on a fully diluted basis.

by | April 12, 2019 | 12:25

Etihad Airways already holds 24 percent stake in the airline, and may look to take its holding up to 49 percent, the sources told CNBC-TV18. The cash-strapped airline is chasing fresh investors to keep flying. Replacing the flights will not be easy, they added. Jet Airways closed reservations for Chennai-Paris, Delhi-Amsterdam-Toronto, Delhi-Kathmandu, Delhi-Singapore, Mumbai-Colombo, Mumbai-Paris and Mumbai-Singapore, till April 12, The Hindu reported.

by | April 12, 2019 | 05:07

Uber plans to make its IPO registration with the United States Securities and Exchange Commission publicly available later this week, and will kick of its investor roadshow during the week of April 29, putting it on track to price its IPO and begin trading on the New York Stock Exchange in early May, the sources said.

by | April 11, 2019 | 22:43

Trump has announced he intends to nominate for 2 current exemptions to the seven-member Fed board - to conservative political allies - former 2012 GOP candidate Herman Cain and Stephen Moore. "More than I've ever seen", he responded, appearing to indicate that people make allegations in D.C. against important people, sometimes without reason or cause.

by | April 11, 2019 | 19:55

The moderators reportedly have a chatroom where they can ask for help, or just share "amusing" recordings . In the Alexa Privacy Settings there is a "Manage How Your Data Improves Alexa " section where you can decide whether your voice recordings are used to "help develop new features" and/or "help improve transcription accuracy".

by | April 11, 2019 | 18:32

Now, per Bloomberg , Judge Lucy Koh in the U.S. District Court for the Northern District of California, has ruled that the original settlement was not "fundamentally fair, adequate and reasonable". Separately, Verizon agreed to spend $306 million between 2019 and 2022 on information security, five times what Yahoo spent from 2013 to 2016. John Yanchunis, a lawyer for the plaintiffs, in a court filing, called the $117.5m (£89.7m) settlement the "biggest common fund ever obtained in a data ...

by | April 11, 2019 | 17:57

People quickly started tagging the Burger King creative team and demanding they address the racially insensitive ad. While the fast food chain has failed to gain traction in Vietnam, regionally is very popular, as the biggest USA food chain in Malaysia and the second biggest in Thailand and Indonesia.

by | April 11, 2019 | 15:42

As the days turned to weeks and Ghosn - whose bumper pay packages had always been a bone of contention in France - remained behind bars, the government's main concern seemed to be safeguarding the Renault-Nissan alliance. There has been huge worldwide and Japanese media interest in his case that has shocked and surprised many from the beginning, the AFP reported. The lawyer said on Tuesday that Mr.

by | April 11, 2019 | 15:31

Conversely, those whose pay gap veers in favour of men are: Grant & Stone 12.8%, Travis Perkins plc EH Smith 10.7%, JT Atkinson 9%, Nicholls & Clarke 5.4%, Ridgeons 4.6%, Bradford Building Supplies 3%, Wolseley UK 1.8%, RGB 1.3% and Crossling 0.3%.

by | April 11, 2019 | 08:38

Global benchmark Brent futures hit their strongest level since last November at $71.34 per barrel, before easing to $71.18 per barrel. Crude oil futures for May ended up $63, or 0.98%, at $64.61 a barrel. Despite the OPEC-led cuts, not all regions are in tight supply. In the United States, crude oil production has risen by more than 2 million bpd since early 2018, to a record 12.2 million bpd, with many analysts expecting output to exceed 13 million bpd soon.

by | April 11, 2019 | 04:14

Australia's aviation authority gave Wing permission to launch a commercial service after examining its safety record and operational plans. Wing, the company that's an offshoot of Google's parent company Alphabet , has been trialling the technology over the past 18 months, making a whopping 3,000 deliveries to needy people.

by | April 10, 2019 | 18:47

Nearly a month into Canada's grounding of all Boeing 737 MAX 8 and 9 fleets, the company responsible for the aircrafts says it will be cutting its production this week. "Regaining the Boeing 737 Max airworthiness certificate is not just a simple software fix ", Epstein warned in a client note. It alleges that Boeing "actively concealed the nature of the automated system defects" and, in doing so, demonstrated a "conscious disregard for the lives of others".

by | April 10, 2019 | 15:44

According to Reuters , the NDRC didn't give a date or any details on how, exactly, Bitcoin mining should be eliminated - but that would mean that Bitcoin mining is to cease immediately. When China banned cryptocurrency trading and exchanges in late 2017, markets plunged. While cryptocurrency mining might require large amounts of electricity, Bitcoiners often argue it's not necessarily wasteful or polluting.

by | April 10, 2019 | 14:16

Authorities in Phuket, Thailand are working to curb the number of visitors that flock to the famed Mai Khao beach, a picturesque location that has become popular thanks to its close proximity to Phuket International Airport. While he agreed boosting airport revenue is important, he stressed tourism and safety must co-exist. "Tourism and safety must coexist". Here, planes are frequent and can be seen flying very low over the beach while en route to the runway.

by | April 10, 2019 | 08:58

The IMF, in its World Economic Outlook released at the on-going joint annual spring meetings with the World Bank in Washington DC, also projected the country's growth rate to reach 2.5 per cent in 2020 from the 2.1 per cent it projected for 2019.

by | April 10, 2019 | 08:47

The Financial Conduct Authority has "temporarily" suspended shares in Debenhams at the request of the company, with an announcement over the future of the chain expected this morning. The company's chairman, Terry Duddy, said: "It is disappointing to reach a conclusion that will result in no value for our equity holders". But he said it would allow Debenhams to continue trading as normal, access new funding and carry out its turnaround plans, while reducing debt.