Markets

by | October 29, 2019 | 15:23

Earlier, sources told Reuters the 27 European Union countries that will remain after Brexit hope to agree on Monday to delay Britain's divorce until January 31 with an earlier departure possible. The gains followed a surge in USA shares on Friday, with the S&P 500 nearing its all-time high achieved in July. "The market is very positive about it right now, but that also means it is very vulnerable".

by | October 29, 2019 | 14:10

With the aim of being the most competitive jurisdiction to do business in North America, the province will lower its corporate tax rate to eight per cent from 12 per cent over four years, and proponents say that is a good thing. He said the budget was built with the expectation that Line 3 would come online in the first quarter of 2021, and the TransMountain expansion would be operational in late 2022.

by | October 29, 2019 | 11:14

LVMH owns fashion brands such as Christian Dior, Kenzo and Givenchy, as well as champagne brands Dom Perignon and Moet & Chandon. LVMH's Tiffany bid makes sense, but the US$14.5 billion rumored price may be too little, as the 14x Ebitda valuation compares with 20x-plus for LVMH's Bulgari and Swatch's Harry Winston deals.

by | October 29, 2019 | 10:53

Analysts polled by Bloomberg were expecting the search giant's profit to dip from the year-ago period, but not almost that far; they were looking for a per-share profit of $12.35. G&A spending increased from $1.75B in last year's quarter to $2.6B. "We continue to invest well in talent and infrastructure to support our growth, especially in newer areas such as Cloud and machine learning".

by | October 29, 2019 | 10:46

WTI closed the week at 56.66 USA dollars a barrel on the New York Mercantile Exchange, while Brent crude finished the week at 62.02 dollars a barrel on the London ICE Futures Exchange. In July, OPEC and Russian Federation, together with other non-OPEC members agreed to extend a 1.2 million barrel a day production cut for nine months, a move created to keep oil prices from falling.

by | October 29, 2019 | 02:56

Initially priced near US$12 a share under the " SPCE " ticker, Virgin Galactic had climbed as high as US$12.93 (NZ$20.36) before settling back near US$12.23 by early afternoon. The completion of this merger and trading as a public company are the next milestones on the path towards building a thriving commercial service business and investing appropriately for the future.

by | October 29, 2019 | 01:27

Chick-fil-A locations are closed on Sundays. The restaurants run by Sun Holdings will hire an additional 400 employees, according to Bloomberg , and could dedicate two people per store to make the sandwiches. The Popeyes chicken sandwich is coming back. In August, USA TODAY conducted an unscientific Chicken Sandwich Bracket Twitter poll. The chain announced on Twitter the sandwich will return for good this Sunday.

by | October 28, 2019 | 14:59

While the idea of building an SUV on the legendary pony auto is making quite a few Mustang purists cringe, we're hearing the new model will be sporty by its own standards and distinctive enough not to be confused with a simple Mustang variant.

by | October 28, 2019 | 14:56

The news comes as WeWork prepares to open its first location in Columbus at 800 N. High St . in the Short North. Brent Crawford, principal and founder of Crawford Hoying, the building's developer, says the Columbus WeWork is still moving forward.

by | October 28, 2019 | 14:52

Taking into account litigation and conducts costs, however, pre-tax profit fell to £246m from £1.46bn in 2018. The banks results reveal that this actually came in under expected costs at £1.4bn. Group income for the quarter increased by 8% year on year to £5.5 billion as it was buoyed by the investment division. Barclays (NYSE: BCS ) +1.3% pre-market after reporting Q3 core profit of £1.8B ($2.31B), exceeding analyst consensus of £1.5B, and saying it is on track to meet its 9% return on ...

by | October 28, 2019 | 14:45

Oil got a boost from signs of progress in talks on resolving the US-China trade dispute that has weighed on crude demand. On the Multi Commodity Exchange (MCX), crude oil for November delivery dropped by Rs 28, or 0.70 per cent, to Rs 3,980 per barrel in 21,499 lots.

by | October 28, 2019 | 14:40

The fast food chain created long drive-thru lines in August when they released their new chicken sandwich . We'll keep you updated at this story unfolds. To wit, Popeyes isn't even listing the item on their corporate website. After just one week, Popeyes announced they ran out of chicken for the chicken sandwich , but said it would be back as soon as possible.

by | October 28, 2019 | 14:24

But that was before Trump began his criticisms of Jeff Bezos , the founder of Amazon and, for the past several years, the owner of The Washington Post - a news organization the president refers to as the "Amazon Washington Post ".

by | October 28, 2019 | 14:21

The Central Drugs Standard Control Organization (CDSCO) will investigate Johnson & Johnson's baby talc powder for the presence of asbestos contamination after a similar issue was seen in the United States, a senior government official said.

by | October 28, 2019 | 14:18

Johnson has vowed to seek an election if Brexit is delayed until January, although many analysts doubt there is sufficient support in parliament for a pre-Brexit election. Johnson said he would ask lawmakers to vote Monday on calling a general election on December 12. Quick guide How can Boris Johnson get a general election before January? He said leaving the European Union without a deal would do "enormous damage" and that Prime Minister Boris Johnson plans to set up the United ...

by | October 28, 2019 | 14:13

The home button on the iPhones have been gone for more than two years now but it would appear that the President has just received the memo. The new iPhone has jumped 30 percent this year. Now that the iPhone 11 has been out for a month or so, it does look as though prices are getting more competitive. Apart from that, the company pays $10.50 for a Samsung-built battery, $73.50 for triple rear cameras, and $159 for the processor, modem, memory, and the circuit-board housing them.

by | October 28, 2019 | 13:51

Analysis of global Global Offshore Wind market trends with data from year 2017 to 2018 and projection of Compound Annual Growth Rates (CAGRs) through 2023. Installing wind turbines at the world's best offshore sites would provide more than enough clean energy to meet global electricity demands, a study has found.

by | October 28, 2019 | 13:53

This is a complete reversal of an earlier status quo when Arm reportedly announced its staff to cease all dealings with the Chinese company. Since the company relies on ARM technologies for both CPU and GPU designs. Huawei's results published last week showed the company's revenue remains resilient in the face of the US ban, with revenue for the first nine months of this year growing 24.4% to 610.8 billion yuan.

by | October 28, 2019 | 13:01

Fernandez earlier vowed to end the polarization which has long divided Argentine politics between his Peronist movement and supporters of the business-friendly incumbent. Fernandez campaigned on Macri's failure as president to stem poverty and inflation. Argentina's poverty rate has risen to more than 35 percent, inflation for the year to September was at nearly 38 percent, while the peso has depreciated 70 percent since January 2018.

by | October 25, 2019 | 00:27

We are fast approaching the time of year when retailers mark down everything under the sun, and to further entice shoppers, Best Buy is offering free next-day shipping to nearly everyone in the USA (around 99 percent of Best Buy customers, the retail chain says).