Markets

by | August 29, 2019 | 13:11

Currently, 100% FDI has been allowed under the automatic route in non-news channel and broadcast distribution services like cable, direct to home (DTH), and headend in the sky (HITS) platforms. "The above amendments to the FDI Policy are meant to liberalize and simplify the FDI policy to provide ease of doing business in the country, leading to larger FDI inflows and thereby contributing to growth of investment, income and employment", it further said.

by | August 29, 2019 | 13:11

Alastair Campbell, the former spindoctor of '"deep cover Trotskyite" Tony Blair, told Tories to back Corbyn's plans to stop Boris Johnson "destroying Parliamentary democracy". Now it is also a Brexit without debate that looms. Liberal Democrat Brexit spokesman Tom Brake tweeted: "The mother of all parliaments will not allow him to shut the people's parliament out of the biggest decision facing our country".

by | August 29, 2019 | 11:38

The campaign group British in Europe, which represents an estimated 1mn Britons settled in European Union states, has repeatedly criticised the government for making them "bargaining chips" in the Brexit negotiations in the first place and then not doing enough to secure their rights in the event of no deal.

by | August 29, 2019 | 11:30

Brent crude was up by 26 cents, or 0.4%, at $58.96 a barrel by 0636 GMT, after falling 1% in the previous session, dropping for a third day in a row. In retaliation, President Donald Trump said he was ordering USA companies to look at ways to close operations in China and make products in the United States.

by | August 29, 2019 | 11:26

In the current fiscal, the RBI will pay out Rs 1.23 lakh crore of surplus and Rs 52, 637 crore of excess contingency provisions lying in its books. Meanwhile, the rupee strengthened to 71.82 a buck up 0.28percent from the previous close of 72.020, although the benchmark equity index Sensex climbed 0.44percent to 37,658.48 points.

by | August 29, 2019 | 11:29

Walmart is still growing in China - especially its Sam's Club membership store model, similar to Costco's approach. Beloved bulk-buy emporium Costco held the much-hyped opening of its first China location today - and promptly closed due to the flood of interest.

by | August 29, 2019 | 11:20

The bottles come in three sizes - 13-ounce, 14-ounce and 20-ounce - and include multiple colors, materials and graphics. About 157,000 units were sold in Canada and about 28,000 were sold in Mexico. The bottles, which cost between $9 and $24, were sold at Costco, Walmart , Target and other brick-and-mortar stores nationwide, as well as online between April 2018 through June 2019.

by | August 29, 2019 | 11:21

Eastern Time. The Dow Jones Industrial Average gained 89 points, or 0.4%, to 25,991. They reached a three-year low of 1.443% on Monday. "The price action reflects a variety of market participants' fears that their business model will be highly strained if rates fall to very low levels for an extended period", Michael Cloherty, head of USA interest rate strategy at RBC Capital Markets, said of Wednesday's trading.

by | August 27, 2019 | 04:03

Considering that financial resilience was within the desired range, the entire net income of Rs 1,23,414 crore for the year 2018-19 will be transferred to the Government of India. While it was not clear immediately if the fund transfer would be in multiple tranches, experts said that in case, it goes to the government in one go, then it will help a lot at the time of a need for higher government spending to stimulate growth.

by | August 27, 2019 | 03:59

In a warning on its website, Singapore Airlines has said that "customers are to refrain from bringing the affected models either as hand-carry or in checked baggage until the battery has been verified as safe or replaced by the manufacturer".

by | August 27, 2019 | 02:46

Shoppers will be able to purchase Disney Princess, Star Wars, Marvel, Disney Junior characters, apparel, home and holiday-specific products, according to the press release. A Disney store will open up inside of a Target store in Brighton this October. The move comes as Disney, which operates about 300 stores globally, is dealing with traffic declines at the malls where many of its US stores are located.

by | August 27, 2019 | 02:47

Spoiler alert: it's cold brew. The cold brew-based beverage is Starbucks' first new pumpkin-themed drink offering since the PSL, and combines the on-trend base of cold brew with the chain's classic pumpkin spice syrup ( now with real pumpkin! ) and some of it's newest innovations.

by | August 27, 2019 | 01:44

Also last week, Business Insider reported that Tesla launched an effort to replace a faulty part used in some of its solar panel systems previous year. Tesla has not yet responded to the lawsuit, which it is required to do within 20 days of Friday's summons. Nevertheless, things seem to be amicable between the two companies as both Walmart and Tesla issued a joint statement stating, "Both companies want each and every system to operate reliably, efficiently, and safely".

by | August 27, 2019 | 00:36

Waters met representatives from Switzerland's State Secretariat for International Financial Matters, the Federal Data Protection and Information Commissioner, the Financial Market Supervisory Authority, and Swiss legislators. However, this did little to ease the United States regulators' concerns over the prospect of Facebook's Libra . Following the meeting, Maxine Waters said that she still had doubts about the fact that such a large company like Facebook could create a controlled ...

by | August 26, 2019 | 22:13

There are nuggets, breaded, plain, and available to eat with various dipping sauces, and boneless wings, which come presauced in either Nashville Hot, Honey BBQ, or Buffalo Sauce. That's only while supplies last - but it'll be interesting to see how quick they run out, if they run out. Beyond Meat, which this year made an impressive public debut on Wall Street, makes a line of meat-alternative products targeting.

by | August 26, 2019 | 20:30

After Asian shares mostly fell on concerns about an escalation Friday in the dispute, markets in Europe and USA futures perked up after Trump said that his trade negotiators had received two "very good calls" from China on Sunday. "It's going to be great for China, it's going to be great for the USA, it's going to be great for the world", he said. Trump is also embroiled in threats of a trade war with France and the European Union.

by | August 26, 2019 | 19:24

According to The Wall Street Journal , Chinese officials expressed interest to "get back to the table" in trade negotiations, which Trump called a "very positive development". China's foreign ministry replied, however, that it didn't know what Trump was talking about. But he insisted that "we're getting along well right now with China".

by | August 26, 2019 | 17:30

Apple had announced a recall of a limited number of such models in June , citing a risk of the battery overheating and posing a fire safety hazzard. According to the US Consumer Product Safety Commission (CPSC), there's a chance that the devices sold between September 2015 and February 2017 could overheat and potentially cause fires.

by | August 26, 2019 | 12:44

China said crude would be among the US products hit by tariffs of 5% as of September 1. West Texas Intermediate crude at Magellan East Houston , also called MEH, traded as low as $2 per barrel over USA crude earlier this week, the weakest since last August.

by | August 26, 2019 | 09:41

Breitbart News recently reported that retail giant Walmart is suing Elon Musk's company over a number of roof fires at multiple Walmart stores which the retail giant alleges were caused by Musk's solar panels . Tesla fell 0.8% in after-hours trading on Friday to $209.75. Two of the Walmart fires occurred in May 2018. The solar panels were installed by Tesla's solar panel subsidiary, which was a separate company called SolarCity until that business was acquired by Tesla in 2016.