Markets

Ahead of Gujarat Assembly polls, OBC leader Alpesh Thakor to join Congress

Ahead of Gujarat Assembly polls, OBC leader Alpesh Thakor to join Congress

Solanki expressed confidence that the party would easily win over 125 seats in the 182-member House with the "support and blessings" of all these leaders. Apart from these leaders, the Congress also hinted at forging a pre-poll alliance with Sharad Pawar's NCP. The issues, Hardik Patel has been stressing on include reserrvation for Patidars, farm loan waiver and job creation. Read More

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Cenovus to sell Palliser assets for $1bn

Cenovus to sell Palliser assets for $1bn

The firm has a market capitalization of $12.18 billion, a P/E ratio of 4.04 and a beta of 0.60. Cenovus Energy has a 12 month low of $6.76 and a 12 month high of $16.82. Cenovus Energy Inc is a Canada-based integrated oil company. Its book value per share for the most recent quarter is $14.19 while its price to book ratio for the same period is 0.69, as for as the company's cash per share for the most recent quarter is $0.33, however its price to cash per share ratio for the same period is ... Read More

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Turkey condemns Afghanistan mosque attacks

Turkey condemns Afghanistan mosque attacks

Recent attacks have mostly been carried out by ISIS, though again they are generally quick to claim responsibility, and they are far from the only group in and around Afghanistan that targets Shi'ites as a matter of course. Up to 50 people were killed in the attack , also timed to occur on the mosque's busy Friday. Four attackers who set off explosions and fired gunshots laid siege to the mosque in the north of the capital for four hours as dozens of men, women, and children had ... Read More

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Asian shares conquer new peaks, oil up on Iraq tensions

Asian shares conquer new peaks, oil up on Iraq tensions

Kurdistan, which voted almost unanimously to become an independent state in a controversial referendum late last month, exports nearly 600,000 barrels of oil a day. During the previous round of sanctions against Iran, about 1 million bbl/dd of oil was cut from global markets . The group is managing the global glut of crude oil after noticing the prices halve and revenues dip sharply in the recent times. Read More

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Carney and new MPC colleagues throw doubt on interest rate hikes

Carney and new MPC colleagues throw doubt on interest rate hikes

After gaining ground on higher inflation data earlier Tuesday, the British pound sank as the Bank of England's new deputy Governor said he wasn't part of the majority of policy makers voting for a rate hike. "We will be back to normal, let's say, in terms of the trade-off without that depreciation effect". "I think it's more likely than not that I will be writing on behalf of the MPC a letter to the chancellor", Carney said. Read More

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Facebook now lets you order food through the app

Facebook now lets you order food through the app

You can now order a Papa John's pizza while messaging your friends on Facebook - without ever leaving the app. It will be available for desktop, iOS, and Android applications, with new partners. Facebook Order Food option has been in testing since previous year, during which the company worked on adding more partners and address user feedback. Read More

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Hurricane Ophelia moves east over Atlantic

Hurricane Ophelia moves east over Atlantic

On Thursday afternoon, Ophelia's core was located about 715 miles southwest of the Azores , where it was virtually stationary. The storm is now producing incredibly strong winds, however the Met Office say when it hits the United Kingdom and Ireland we can expect gusts of between 55 and 65mph, possibly even reaching up to 80mph in some places. Read More

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Walmart shoots for 40% e-commerce growth

Walmart shoots for 40% e-commerce growth

Customers can initiate the return at home via their smartphones and complete the process at a dedicated Mobile Express lane at their local store's service desk. The option will reportedly add more items later. Other items - those that stores can't reuse once they've been opened or damaged - are planned to be added to this particular offering over time. Read More

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Netflix Is Increasing Its Monthly Subscription Cost

Netflix Is Increasing Its Monthly Subscription Cost

Netflix's most expensive option allows users to stream different shows on four screens in 4K. In the USA, meanwhile, the standard price plan is going up $1 and the premium package will increase by $2. Netflix had already raised the price of its standard tier back in 2015 when it was bumped up to $9.99 per month from $8.99. Netflix's price increases always spark controversy and complaints. Read More

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Uber bosses open a route to cash in shares worth billions

Uber bosses open a route to cash in shares worth billions

Now, a little more than a month later, the united front on display in that photo has been severely tested. Some of the changes could reduce the voting power Kalanick and other shareholders have. Uber's licence expired on September 30, but its roughly 40,000 drivers are still able to take passengers until an appeals process is exhausted, which could take several months. Read More

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RCMP face scrutiny in wake of Edmonton attack

RCMP face scrutiny in wake of Edmonton attack

Abdulahi Hasan Sharif faces five counts of attempted murder, four counts of unsafe driving causing bodily harm, risky operation of a motor vehicle and one weapons-related charge. The officer, who suffered serious stabbing wounds to his head, face, and arm , is expected to make a full recovery. "He was stabbed several times and he was able to fend off the attacker even after getting thrown through the air after being struck by the vehicle", said Det. Read More

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BSF camp near Srinagar attacked, two militants, one jawan killed

BSF camp near Srinagar attacked, two militants, one jawan killed

The three attackers were also killed in a two-day battle. "Three personnel have been injured. But the state government said no, saying they can deal with it on their own", said a senior government official in the security establishment. The area also houses training centres of the BSF and Central Reserve Police Force. Kashmiri resistance groups in Jammu-Kashmir have been fighting against Indian rule for independence or for unification with neighboring Pakistan . Read More

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Ryanair Seeks to Escape UK Penalty Over Scrapped Flights

Ryanair Seeks to Escape UK Penalty Over Scrapped Flights

The CAA was "furious" after the budget airline cancelled a further 18,000 flights, a decision predicted to affect 400,000 customers. Ryanair has called upon the UK CAA to now require UK airlines to comply with these EU261 obligations which the CAA did not apply to British Airways in May this year, when a computer meltdown stranded hundreds of thousands of British citizens/visitors at London Heathrow and many other airports, with no apparent action taken by the CAA in respect of ... Read More

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Nike Shines Brightly Around the World in Fiscal 1st Quarter

Nike Shines Brightly Around the World in Fiscal 1st Quarter

Nike's revenue for the quarter was up.1% compared to the same quarter a year ago. COPYRIGHT VIOLATION WARNING: This story was originally posted by Week Herald and is owned by of Week Herald. The disclosure for this sale can be found here. OppenheimerFunds Inc. now owns 5,349,793 shares of the footwear maker's stock valued at $298,145,000 after purchasing an additional 5,274,656 shares in the last quarter. Read More

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US Attorney General Weighs In on Free Speech Debate

US Attorney General Weighs In on Free Speech Debate

Besides Sessions' atrocious record on civil rights , the speech prompted protests from students and faculty after many students were ironically uninvited from the event. "Adhering to the First Amendment requires more than rhetoric". "Whereas the American University was once the center of academic freedom - a place of robust debate, a forum for the competition of ideas - it is transforming into an echo chamber of political correctness and homogenous thought, a shelter for fragile egos", ... Read More

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Liberum Downgrades Rating On Astrazeneca PLC (AZN)

Liberum Downgrades Rating On Astrazeneca PLC (AZN)

Its up 1.35, from 1.48 in 2016Q3. It is negative, as 25 investors sold Ashtead Group plc shares while 49 reduced holdings. 13 funds opened positions while 23 raised stakes. The rating was maintained by Kepler Cheuvreux with "Buy" on Wednesday, August 12. The stock has "Buy" rating by FinnCap on Wednesday, June 15. Stadium Group PLC's Williams Percent Range or 14 day Williams %R now sits at -21.51. Read More

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Apple TV 4K launched

Apple TV 4K launched

The Apple TV 4K will be available from September 22, and is priced at $179. Expect UK pricing to be straight conversions. The company will upgrade HD videos to 4K HDR for free. Yes, everything in the above list can be provided by alternative services, from Google Play Movies to Google Cast and IFTTT, but for those already invested in the Apple ecosystem the Apple TV is a pretty neat package. Read More

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Brian Gilvary Buys 70 Shares of BP plc (BP) Stock

Brian Gilvary Buys 70 Shares of BP plc (BP) Stock

The firm has "Neutral" rating by JP Morgan given on Wednesday, May 3. Wedbush has "Neutral" rating and $30 target. The stock of Bovis Homes Group plc (LON:BVS) has "Overweight" rating given on Monday, August 15 by JP Morgan. The stock has "Neutral" rating by BNP Paribas on Thursday, April 7. The stock has "Buy" rating by Mizuho on Wednesday, November 9. Enquest Plc are listed in the Oil & Gas sector within UK Main Market. Read More

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Longer-Term View Adds Context to Census Poverty Data

Longer-Term View Adds Context to Census Poverty Data

Household income in the world's largest economy rose for the second straight year in 2016 while poverty also continued to decline, according to government figures Tuesday. That's only the "official" poverty rate, though, which only takes into account before-tax income. There are just seven states that now have 12% or more of their population uninsured, down from 31 states in 2013, ahead of the introduction of Barack Obama's Affordable Care Act. Read More

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China Planning a War Against Cryptocurrency Trades

China Planning a War Against Cryptocurrency Trades

That's a 20% drop since the start of September, when China's central bank said it would ban initial coin offerings-tipping the cryptocurrency from its all-time high of above $5,000. One of bitcoin's biggest influencers, Crypto Compare's Charles Hayter, said to CNBC recently that for China "nothing is ever certain" when it comes to cryptocurrencies. Read More

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Cabinet Reshuffle: The rise and rise of Piyush Goyal

Cabinet Reshuffle: The rise and rise of Piyush Goyal

Goyal, who was earlier the minister of state for power, will have his task cut out as the railways battles a creaking infrastructure and revenue shortage on back of low fares and stiff competition from budget airlines. Speaking to journalists, Goyal said, "The focus of the Rail Ministry will continue to be safety and convenience of passengers". "Wishing u all a great life", Prabhu tweeted minutes after 13 ministers took oath of office in the third reshuffle of the Team Modi. Read More

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Japan Emperor's granddaughter Princess Mako announces engagement to former university classmate

Japan Emperor's granddaughter Princess Mako announces engagement to former university classmate

A Japanese princess is giving up her royal status to marry a commoner she fell in love with because of his "bright smiles like the sun ". "It would be nice to have a warm and comfortable household with Mr. The announcement had originally been planned for July but the couple chose to postpone it out of consideration for a southern region hit by heavy rains and flooding in the month. Read More

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