Markets

by | September 01, 2019 | 17:44

The report added to trade and inventory data in suggesting that while the economy was slowing, it was not losing altitude rapidly. The Commerce Department reported Friday that personal-consumption expenditures increased 0.6% last month from June, a pickup from the two previous months.

by | September 01, 2019 | 17:13

He said: "If you are checking directly with your bank, ask it for a written confirmation that your enquiry has been submitted, and that this means your claim is triggered". You will need to contact your provider directly, but don't worry: you won't need the paperwork if you don't have it or can't find it. The Financial Conduct Authority's (FCA) website has links to online complaints tools and contact details for the providers that receive the most complaints about PPI.

by | September 01, 2019 | 16:18

Most states saw small declines in the price of gasoline during the week. "I think what goes into that is the fact that at least some areas, eastern Pennsylvania, have more access to mass transit that may limit the amount of gasoline demand", said Patrick DeHaan, head of petroleum analysis at GasBuddy .

by | August 31, 2019 | 23:38

However, you are still allowed to bring your MacBook in your carry-on luggage. The move follows a similar ban issued by US airline safety regulators after Apple recalled some of its older laptop models back in June due to a fire risk in case batteries overheat.

by | August 31, 2019 | 22:26

FOUR20 is a Calgary, Alberta-based cannabis retail operator serving the adult-use cannabis market. FOUR20, a Calgary-based cannabis retailer, now operates 16 brick-and-mortar dispensaries in Alberta and has secured 16 additional high-traffic locations throughout the province.

by | August 31, 2019 | 20:40

SEBI had rejected the settlement application filed with regards to the IL&FS case by ICRA. ICRA's board chose to terminate Takkar with immediate effect and search for a replacement on Thursday. In May 2019, media reports had suggested that ICRA's top management was being investigated for influencing "AAA" rating on IL&FS and had hired KPMG, a top accounting organisation to look into the allegations.

by | August 31, 2019 | 18:28

Elsewhere Andhra Bank and Corporation Bank are to merge with Union Bank, while Indian Bank will merge with Allahabad Bank. "We're trying to build the NextGen banks", Sitharaman told a news conference. This is something that has been seen in the past, when Yes Bank struggled in 2019 with lower loan growth, as the restructuring of a new board took place with the exit of the founder-promoter Rana Kapoor.

by | August 31, 2019 | 17:18

In lieu of the single-use bottles, Marriott will be providing shampoo, conditioner and bath gel in the form of larger, pump-topped recyclable bottles. The expanded initiative comes a little over a year since the company imposed a global ban on the use of single-use plastic straws. Once implemented, Marriott's plastic consumption rate will reduce by around 30 per cent and will save over 770,000 kilograms of plastic from being dumped.

by | August 31, 2019 | 16:25

Mr Coveney added: "We want to get a deal that manages a sensible Brexit , that moves us into a transition period that gives us time and space to work out a future relationship". MPs are also believed to be drawing up legislation to block the prospect of a crash out Brexit on October 31st - any such plans would need to be swiftly pushed through parliament if the five-week suspension goes ahead.

by | August 31, 2019 | 13:09

Thousands of pro-democracy protesters defied a police ban on rallying, a day after several leading activists and legislators were arrested in a sweeping crackdown. Protesters said they were anxious but not intimidated. "We are our own leaders and we will keep coming out". Some carried bibles, posters of Jesus and Moses, and repeatedly sang: "Sing Hallelujah to the Lord", a song that has become among the unofficial protest anthems .

by | August 31, 2019 | 11:38

President Donald Trump showed little sign that he's going to back down from new tariffs on more than $110 billion in Chinese imports set to take effect Sunday, blaming American companies for their inability to deal with a trade policy he said is aimed at reining in "unfair players".

by | August 31, 2019 | 08:58

Sitharaman, who had announced PSU bank recap of Rs 70,000 crore in the budget last month, also announced recapitalisation amounting to Rs 55,250 crore for the PSU banks. In 2017, the State Bank of India was merged with five of its associate banks and the Bharatiya Mahila Bank. The government did not give the date by which these mergers are to be completed, as that decision will be taken following further consolidation with the relevant banks.

by | August 31, 2019 | 06:53

Mnuchin also suggested that it would be more effective if the U.S. Treasury intervened in conjunction with the Federal Reserve and global allies. "It sounds to me like more of a continued slow-walking", said Thomas Martin, senior portfolio manager at Globalt Investments in Atlanta, Georgia.

by | August 31, 2019 | 06:29

It was the weakest growth rate since the first quarter of 2013.The previous low was recorded at 4.9 per cent in April-June 2012-13. "As predicted, GDP growth is lower - 5% in Q1 of 2019-20 (lowest in 5 years)". Another important takeaway from the GDP statistics is the collapse in nominal growth rate, which was just under 8% in the June quarter. With economy in lurch, one can expect RBI to go for further cuts in repo rate to boost spending.

by | August 31, 2019 | 05:39

Brent crude was down 54 cents, or 0.88%, at $60.54 a barrel, by 1425 GMT, but was heading for a gain of almost 2% for the week. The Energy Information Administration on Wednesday reported that USA crude supplies fell by 10 million barrels for the week ended August 23.

by | August 31, 2019 | 02:32

He then described how bad is was to drive back and forth to try and score, " countless time wasted driving to and from Popeyes ". He says he drove around to several locations only to be told at each of them that there was no chicken sandwich available.

by | August 31, 2019 | 01:41

The Finance Minister additionally introduced three different PSU financial institution amalgamation plans: Canara Financial institution and Syndicate Financial institution; Union Financial institution of India, Andhra Financial institution and Company Financial institution, and Indian financial institution with Allahabad Financial institution.

by | August 31, 2019 | 01:40

Twitter CEO Jack Dorsey's had his account hacked. Some of the posts spoke approvingly of the Nazis, while others included racial slurs. They even threatened to blow up Twitter HQ, though it is unclear how serious this threat was. Despite this message, many users are ill at ease with the platform, with some anxious about the safety of their own accounts in wake of the hack. With the hackers posting largely the same messages, hashtags, and Discord links, their concentrated efforts are ...

by | August 30, 2019 | 15:43

Toyota is taking a 5pc slice of its smaller Japanese rival Suzuki in the latest tie-up in the global auto industry. Toyota and Suzuki have announced an agreement built around a capital alliance as the two firms look to "establish and promote a long-term partnership".

by | August 30, 2019 | 14:24

The positive signals from China lifted investor sentiments and stocks across Asia recouped losses and European stocks zoomed higher as USA equity futures and investors viewed the comments as an olive branch from Beijing. The blue chip Dow Jones Industrial Average finished at 26362, up 326.15 or 1.29% and the tech-based NASDAQ Composite closed at 7973.39, up 116.51 or 1.53%.