Markets

by | April 27, 2019 | 16:41

Last week multi-billion dollar company PepsiCo had sued nine Gujarati farmers, fining them Rs 1.05 crore as damages. "In this instance, we took judicial recourse against people who were illegally dealing in our registered variety", said a PepsiCo India spokesperson.

by | April 27, 2019 | 12:40

As part of the October deal, they also agreed that any future social media posts by the CEO would be reviewed by a lawyer - known as Musk's Twitter sitter - for any information that might affect investors' decisions. According to the settlement, all tweets from Musk about Tesla's financial health, sales or delivery numbers would have to be pre-approved by a company lawyer.

by | April 27, 2019 | 11:58

The regulator concluded that the deal would result in a substantial lessening of competition at both a national and local level. "Coupe was caught singing " We're in the Money " following the initial news that Sainsbury's planned to merge with Asda".

by | April 27, 2019 | 11:28

Most notably, the survey found over 14 per cent of Netflix's United States customers are considering ditching their subscription in favour of Disney+ when the new streaming service goes live. He added that he believes that other streaming services like Disney+ can not put any negative impact over the Netflix subscribers as the quantity, content and quality of Netflix is at such a good level that the subscribers will not even think about any other option.

by | April 27, 2019 | 08:26

Ford said in February it was evaluating changes to the process it uses to develop fuel economy and emissions figures, including engineering, technical and governance components. Ford said on Friday it was fully cooperating with government agencies, as it became the latest vehicle manufacturer to be investigated over emissions .

by | April 27, 2019 | 07:12

When asked to comment, an Amazon spokesperson told Gizmodo that access to Alexa's internal tool data was "highly controlled" and "granted to a limited number of employees ", but did not specify how many that "limited number" was, with Bloomberg warning it could be "thousands of employees and contractors, spread across work sites from Boston to Romania and India".

by | April 27, 2019 | 05:10

NY state has led the way in requiring virtual currency businesses to operate according to the law. Paxos Standard , the stablecoin that rivals Tether, appears to be the biggest victor in the recent Bitfinex controversy that took the crypto community by storm.

by | April 27, 2019 | 04:35

The growth figures - which are subject to revision in the months ahead - appeared to dispel any fears that the economy might have slowed since the end of previous year. There are factors that could help lift growth in coming quarters. Retail sales have since rebounded strongly, pointing to some acceleration in consumption in the second quarter.

by | April 27, 2019 | 03:25

For underlying inflation, the average of the trimmed mean and weighted median forecasts looks for a quarterly rise of 0.4%. It was last down 0.9 percent at $0.7037. -China trade war. Speculation the Reserve Bank of Australia will cut rates has increased since February when influential Westpac Banking Corp. A rate cut, Glynn believes, could also assuage fears about the housing downturn and boost consumer sentiment.

by | April 27, 2019 | 02:13

At that time, Uber was coming off a year of scandals and had recently replaced its CEO. If Uber achieves a proposed share price range of $44-$50 per share, first reported by Bloomberg, it will still rank as the largest IPO since the Chinese e-commerce giant Alibaba in 2014.

by | April 26, 2019 | 16:43

LG is ranked third in the US smartphone market, with a 17 percent share as of the third quarter of 2018, showed data from market researcher Counterpoint, after Apple Inc and Samsung Electronics Co Ltd. The Korean firm will phase out its Pyeongtaek factory, south of Seoul, by the end of this year, as it gets ready to shift the production line to Hai Phong, a northern Vietnamese city where other LG affiliates operate factories.

by | April 26, 2019 | 05:55

Earlier, Ghosn's wife Carole had appraised Macron of the nature of treatment that her husband faced during his detention in Japan and termed it as shameful, said the report. Bail will enable him to prepare better for his criminal trial expected later this year, where he will fight all three accusations of financial wrongdoing while in charge of Japan's second biggest auto maker.

by | April 25, 2019 | 19:00

Pharmacy retail giant Walgreens plans to implement a new minimum age requirement of 21 for its customers seeking to purchase tobacco products in its stores. The U.S. Food and Drug Administration has been pressuring retailers to do more to keep young people from getting their hands on tobacco products.

by | April 25, 2019 | 15:30

Coke's organic sales, which exclude the impact of currency swings and acquisitions, rose 6 percent, driven by price hikes and bottlers stocking up more products due to Brexit uncertainty. Coca-Cola's water, sports drink and enhanced water business unit case volume boosted 6%, mainly due to customers' eagerness for immediate, smaller consumption packages.

by | April 25, 2019 | 15:09

The products subject to recall bear establishment number "EST". According to the Centers for Disease Control, a total of 156 people have fallen ill. The CDC said 20 people have been hospitalized in connection with the E. coli outbreak, but no deaths have been reported. Since then, some 65 cases have been reported in Kentucky, 41 in Tennessee and another 33 in Georgia.

by | April 25, 2019 | 14:59

Luckin is the second-largest coffee chain in China behind Starbucks , according to research firm Frost & Sullivan. The company has raised more than $550 million. Luckin has waged its cash-burning caffeine war with generous subsidies, speedy delivery and viral promotions on social media, which in turn has also pushed Starbucks to form a tie-up with local tech giant Alibaba to deliver coffee to customers.

by | April 25, 2019 | 13:29

Huawei, which is among the tope three smartphone makers in the world besides Samsung and Apple, said it and shipped 59 million smartphones in the first quarter of this year. Chinese tech company Huawei has been on America's radar for some time, and not in a good way. The announcement from Huawei comes as United States' (US) intelligence unit accuses the firm of being funded by Chinese state security, The Times said in a report on Saturday.

by | April 25, 2019 | 13:25

Microsoft shares have gained 23 per cent this year, topping the 17 per cent increase in the S&P 500 Index. Underlying this quarter's growth is the high demand of the premium versions of Microsoft's offerings that include recently acquired GitHub, its hybrid cloud solutions and the push for alternatives to Windows Server and SQL 2008 end of life support.

by | April 25, 2019 | 08:39

Well, kind of. According to the State Administration of Press and Publication via Niko Partners (Thanks, Games Industry Biz ), new rules have been drawn up for games that wish to be distributed through China. KitGuru Says: Handing control over to the parents could be a good idea when the market is flooded with endlessly replayable games-as-a-service titles, but I personally disagree with making parental controls mandatory and taking away the choice from parents.

by | April 25, 2019 | 06:23

Earnings per share dropped 50% from a year ago to 85 cents, when a charge due to an inquiry by the Federal Trade Commission is factored in. Despite the signs of slowing audience growth and the long-term specter of more government regulations eating into Facebook's profits, Wall Street remains bullish on its growth prospects: Facebook shares have risen 39 percent since the beginning of the year, more than double the increase of the Standard & Poor's 500 index.