Markets

Bank of England staff vote for first strike in 50 years

Bank of England staff vote for first strike in 50 years The rise is lower than inflation, which now stands at 2.9%, meaning the pay rise actually equates to a fall in income in real terms. A spokesperson for the Bank of England denied that the walkout would shut Threadneedle Street and said it has "contingency plans in place" - and pointed out that the strike ballot was of just two per cent of the workforce. [Full Article...]

Airtel offers 30GB free data under Monsoon Surprise

Airtel offers 30GB free data under Monsoon Surprise At the end of 90 days, the Rs. 303/ Rs.499 recharge takes over, which means the user gets another 28 days of service without paying. Reliance Jio's first option gives 2GB data per month for 12 months at a monthly recharge of Rs 149. Similarly, if someone chooses the Rs 500 plan , they get free data at the rate of 2GB per day for four months. All the recharge packs come with unlimited calls, J... [Full Article...]

Shares in Worldpay soar as takeover approach confirmed

Shares in Worldpay soar as takeover approach confirmed Shares in payment processor Worldpay jumped by more than 20% after it said it had received takeover approaches. Some consolidation is underway in the world of payment processing: Worldpay - the giant company that says it processes 31 million mobile, online and in-store transactions daily and competes against the likes of PayPal , Stripe, Square and more in payment processing - is on the blo... [Full Article...]

Trump criticises Kim Jong Un after latest missile launch

Trump criticises Kim Jong Un after latest missile launch Trump was also scheduled to talk by phone with Chinese President Xi Jinping , the White House said on Saturday. Missile experts say North Korea may still be years away from mastering the technologies needed to build a reliable intercontinental ballistic missile , although Mr. [Full Article...]

Laffer Investments Maintains Stake in Baker Hughes Incorporated (NYSE:BHI)

Laffer Investments Maintains Stake in Baker Hughes Incorporated (NYSE:BHI) The company is scheduled to issue its next earnings report on Thursday, July 27th. Equities analysts predict that Baker Hughes Incorporated will post $0.01 earnings per share for the current fiscal year. Skandinaviska Enskilda Banken AB publ bought a new position in shares of Baker Hughes during the first quarter valued at about $4,837,000. Vanguard Group Inc. [Full Article...]

Investment banker suing Mike Ashley making up evidence, High Court told

Investment banker suing Mike Ashley making up evidence, High Court told Mr Ashley denies the allegation. A weekly meeting for senior management is held each Tuesday at the Lion Hotel in Workshop, a short drive from Sport Direct's head office in Derbyshire, the claim says. On one occasion, Ashley challenged one of Blue's analysts to a drinking competition including pints of lager and vodka chasers, which ultimately resulted in the chief executive vomiting in the fire... [Full Article...]

Qatar plans to boost LNG output to 100 mn tonnes a year

Qatar plans to boost LNG output to 100 mn tonnes a year Analysts said the announcement was as much political as economic, as Qatar faces isolation by Saudi Arabia and other Arab states. Qatar Petroleum (QP) is to sue Abu Dhabi National Oil Company (Adnoc) for declaring force majeure to halt shipments of condensate from Qatar, according to QP CEO Saad Sherida Al Kaabi. [Full Article...]

Samsung plans US$18b of new investments in chip production

On the expansion, the company said some 30 trillion won (US$26 billion) will be spent on the Pyeongtaek production line through 2021, along with 6 trillion won on another chip production line located in Hwaseong, southwest of the capital city. [Full Article...]

Snapchat Map feature Can be risky for Your Children

Snapchat Map feature Can be risky for Your Children The Loose Women presenter also describes how to turn off tracking by putting the feature into "ghost mode", so that while other SnapChatters can be seen, the person using the app is "invisible" to others. Child safety experts and parents fear that highlighting kids location can put them at risk. She termed the update as risky and a step too far. There are three choices on who can see your locati... [Full Article...]

India Test-Fires Quick Reaction Surface To Air Short Range Missile

India Test-Fires Quick Reaction Surface To Air Short Range Missile The missile has been developed by DRDO and Bharat Electronics Limited (BEL). The missile, which has a strike range of 25 to 30 km, is capable of engaging multiple targets. Meanwhile, the Ministry of Environment, Forest and Climate Change has given the first stage forest clearance to DRDO for setting up a new missile test launch facility at Gullalamoda village in Krishna district. [Full Article...]

Two children confirmed dead, six infected in Southern Utah E. coli outbreak

Two children confirmed dead, six infected in Southern Utah E. coli outbreak The Southwest Utah Health Department confirmed Monday afternoon that 6 people contracted E. coli in this outbreak, majority were children. "The family would like to thank everyone for the prayers, love, support, and donations from everyone". [Full Article...]

Tencent puts time restriction for young players of Honour of Kings

Tencent puts time restriction for young players of Honour of Kings Tencent is also working towards ensuring that its identification process is more comprehensive in order to block gamers who are not fully identified to play the game. It hopes that by diminishing time played in their game, concerns about so-called "game addiction" can be allayed. Tencent will also roll out limitations on the amount of money young users can spend in the game, which is the top-... [Full Article...]

Dave McClure, accused of harassment, resigns from 500 Startups

Dave McClure, accused of harassment, resigns from 500 Startups Yesterday more than 60 business founders and investors signed a document pledging to call out harassment and poor treatment of colleagues in the Australian technology and startup sectors. But he will retain his general partner role and will continue serving the firm's investors. McClure says when he was first confronted about his behavior (he has been attending counseling for a month, and st... [Full Article...]

Watching the Tape Move for Eaton Vance Ohio Municipal Income Trust (EVO)

The Fund will seek to generate current earnings in part by employing an options strategy of writing index call options on a substantial portion of the value of the Fund's total assets. The insider NOSBUSCH KEITH D sold 20,000 shares worth $3.04 million. Investors sentiment increased to 1.32 in Q4 2016. Its down 0.15, from 1.22 in 2016Q3. [Full Article...]

Australia's central bank holds rates steady

Australia's central bank holds rates steady Wage growth remains subdued in most countries, as does core inflation. Interest rates were firming worldwide, with further increases in USA interest rates expected along with no additional monetary easing in other major economies. Inflation is expected to increase gradually as the economy strengthens. In an apparent reference to risk of pushing up the dollar should the bank lift interest rates... [Full Article...]

AK Steel Holding Corporation (AKS) closed its previous trading session at $6.57

Louisiana State Employees Retirement System increased its position in AK Steel Holding Corporation by 1.9% in the first quarter. Shares saw a steep increase in trading volume of 150.40% over the normal average daily volume. The original version of this report can be accessed at https://www.thecerbatgem.com/2017/07/03/texas-permanent-school-fund-reduces-position-in-ak-steel-holding-co-aks-updated... [Full Article...]

Fiat Chrysler Automobiles NV (FCAU) Receives Media Sentiment Score of 0.14

Fiat Chrysler Automobiles NV (FCAU) Receives Media Sentiment Score of 0.14 The stock remained 1.43% volatile for the week and 1.28% for the month. (The) reissued a "buy" rating on shares of Fiat Chrysler Automobiles N.V.in a research report on Wednesday, April 26th. from $15.00 to $14.00 and set an "overweight" rating on the stock in a research report on Friday, June 9th. On the other hand, Fiat Chrysler Automobiles N.V.by far traveled 95.78% versus a 1-year low pric... [Full Article...]

Netanyahu to receive PM Modi in Tel Aviv

Netanyahu to receive PM Modi in Tel Aviv This huge population also generates a huge annual nominal GDP. They also claim that annual growth is around 7%, though many analysts are skeptical about the figures in recent years. "Israel is a democracy, the only true democracy in the Middle East, and as such we have special ties with the democratic world". This is to show that technology can be used to yield crops and have a higher productivity... [Full Article...]

Hot dog eating contest competitors weigh-in one day ahead of event

Hot dog eating contest competitors weigh-in one day ahead of event So grab a pack of Nathan's, fire up the grill and watch it live July 4, 2017 on ESPN! He beat out 2015 champ Matt Stonie. "Defeat must have left a bad taste in the eight-time champion's mouth", Nathan's website said. What's the record for hot dogs eaten? The first-place winners for the men and women's categories receive $10,000 each . "I kind of model my training similar to a marathon runn... [Full Article...]

Comprehensive Stock Analysis Of Itau Unibanco Holding SA (ITUB)

Closing price generally refers to the last price at which a stock trades during a regular trading session. It's the most up-to-date valuation until trading begins again on the next day. Analysts await Shutterfly, Inc. (NYSE:ALK) to report earnings on July, 20. Digging a bit further, company shares have been noted -17.28% off the 52 week high and 42.65% away from the 52 week low. [Full Article...]


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