Markets

Aberdeen is worst in Scotland for rush-hour traffic jams

Aberdeen is worst in Scotland for rush-hour traffic jams Drivers wasted an average of 31 hours stuck in rush hour traffic a year ago, and Manchester is one of the worst places in the country for it. This contributed to congestion costing London drivers £2,430 a year each and the capital as a whole £9.5 billion from direct and indirect costs. [Full Article...]

Porsche sets sights on Tesla, will invest $7.4 billion in EV development

Porsche sets sights on Tesla, will invest $7.4 billion in EV development The Volkswagen-owned manufacturer will be using that extra investment across the brand, including putting more money into the Mission E project, which will see the new all-electric sports auto come with nearly 600bhp and over 300 miles of range. [Full Article...]

Trump Accuser Rachel Crooks Is Operating For Workplace

Trump Accuser Rachel Crooks Is Operating For Workplace She was a 2001 graduate of Clyde High School and was a first-team All-Ohio volleyball and basketball player who competed in the state track finals. "I want to upset the apple-cart, and provide a different view of politicians, and work on behalf of the people", Crooks said. [Full Article...]

Chemical in McDonald's french fries could cure baldness

Chemical in McDonald's french fries could cure baldness McDonald's french fries may not be the healthiest meal to consume, but the greasy food has an ingredient that could have a significant medical impact, according to a study . Professor Junji Fukuda from Yokohama National University explained: "The key for the mass production of HFGs was a choice of substrate materials for the culture vessel". [Full Article...]

Mother finds 2-year-old daughter frozen on front porch, police say

Mother finds 2-year-old daughter frozen on front porch, police say Wynter Parker's mother made a desperate call to OH police on Friday afternoon telling them that her child had been found frozen on the porch. Akron police officers responded to Wynter Parker's home around 3:30 p.m. The temperature in Akron ranged from 12 to 19 degrees on Friday. She was surprised when police officers knocked on her door. While Wynter and her Dad slept peacefully, Wynter... [Full Article...]

Bank of England to raise rates twice this year, economists say

Bank of England to raise rates twice this year, economists say Mumbai: The Reserve Bank of India ( RBI ) is expected to keep key interest rates on hold in the forthcoming announcement of the review by the monetary policy committee ( MPC ). According to the Economic Survey, $10 per barrel increase in the price of oil reduces growth by 0.2-0.3 percentage points. Bond yields: Going by the current surge in bond yields, interest rate in India is unlikely ... [Full Article...]

Thousands evacuated in Indonesian capital over floods

Thousands evacuated in Indonesian capital over floods Dramatic TV footage showed fast-running rivers of muddy water gushing down roads, bringing down trees and even some villas in the hilly areas around Jakarta. Hundreds of rescuers, including members of the army, police and local community, are digging through the debris to find two others buried in that incident. [Full Article...]

Asian stocks plunge after Wall Street bloodbath

Asian stocks plunge after Wall Street bloodbath Tokyo led a collapse throughout the region in early trade, diving more than five percent, while Hong Kong was down nearly four percent at one point and Sydney sank three percent. For the week, the Dow lost 4.1 percent, the NASDAQ shed 3.5 percent and the S&P plunged 3.9 percent. The market turmoil began early last week but has now intensified. [Full Article...]

Arbor Realty Trust Incorporated (NYSE:ABR)'s Trend Unknown, Especially After Increased Shorts

Orinda Asset Management Llc who had been investing in Independence Rlty Tr Inc for a number of months, seems to be less bullish one the $765.11 million market cap company. (NYSE:DLR) to report earnings on February, 15. Natixis, France-based fund reported 10,297 shares. With an institutional ownership near 99.19%, it carries an earnings per share ratio of 0.23. [Full Article...]

Leeds name Paul Heckingbottom as new head coach

Leeds name Paul Heckingbottom as new head coach That contract included a release clause and Leeds rapidly met it on Monday, with owner Andrea Radrizzani happy to get the 40-year-old out of his deal. A statement from Barnsley said the club felt "thoroughly disappointed" by Heckingbottom's exit and "shocked" that he should want to leave. "Yes, it will make things more hard short term but our club is full of resources and certainly not dependent... [Full Article...]

Trump administration reportedly puts brakes on Equifax data breach probe

Trump administration reportedly puts brakes on Equifax data breach probe The Trump administration has reportedly slammed the brakes on a probe into the security breach at Equifax that jeopardized the personal information of over 140 million Americans. Mick Mulvaney quietly pulled back from a full-scale probe of the credit bureau, according to Reuters quoting people familiar with the move. . "This decision to undermine the mission of the CFPB, at the expense of the ... [Full Article...]

Fuel prices drop by 30 cents on Tuesday

Fuel prices drop by 30 cents on Tuesday The petrol price were hiked by 15 paise and diesel prices were hiked by 7 paise per litre, applicable from 6:00 a.m. on 5th February 2018 . In 2017 October, the central government declared an extract excise cut of Rs 2 for every liter on petroleum and diesel to pad the effect of the rising unrefined petroleum value, following which four states, as well, cut retail VAT on fuel. [Full Article...]

Tata Motors bottomline surges 11-fold in Q3FY18

Tata Motors bottomline surges 11-fold in Q3FY18 Mumbai: Tata Motors on Monday disappointed the Street when its third-quarter net profit missed analysts' estimates because of a tepid show by subsidiary Jaguar Land Rover ( JLR ). Jaguar Land Rover, is expecting an improved performance in the ongoing quarter in coming years. Higher production of the new Velar and Discovery sport-utility vehicle models were offset partially by phasing ou... [Full Article...]

Best Buy to stop selling CDs

Best Buy to stop selling CDs The music industry's transition from physical products to digital streams is apparent and rapid. for 2017 found a 62 percent increase in on-demand music streaming compared to the first half of 2016. 2 discount chain has given DVD suppliers a start date of February 1, but pushed back the CD deadline to the spring, Billboard said. Best Buy did not reply to Fortune's request for comment, but ... [Full Article...]

The Dow Jones just crashed: Here's exactly why stock markets are tanking

The Dow Jones just crashed: Here's exactly why stock markets are tanking At its low point Monday the Dow was down 1597.08 points, at 24,861.38, or 6.6% off its January 26 record high. The market's sharp drop began on Friday as investors anxious that creeping signs of higher inflation might push the U.S. Currently, traders are pricing in three rate hikes for 2018, but if the economy and corporate earnings continue to improve, the chances of a fourth increase becomes m... [Full Article...]

Interm Term Bond ETF Vanguard (BIV) Tenkan Holding Below Kijun Lines

Interm Term Bond ETF Vanguard (BIV) Tenkan Holding Below Kijun Lines Active investors may choose to use this technical indicator as a stock evaluation tool. Schwab U.S. Large-Cap ETF has a 52-week low of $54.50 and a 52-week high of $68.43. The ADX measures the strength or weakness of a particular trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. [Full Article...]

Powell sworn in as Fed chief pledging to explain policy moves

But how did Powell come to be nominated by President Donald Trump in the first place? Some analysts said the big sell-off over the last two days may end up taking some pressure off the Fed to hike rates again soon, given that lower stock prices would ease fears of an overheated market. [Full Article...]

Singapore Airlines to Launch Blockchain-Based Loyalty Wallet

Singapore Airlines to Launch Blockchain-Based Loyalty Wallet KrisFlyer , the frequent flyer program of Singapore Airlines , today announced that it will launch a blockchain-based loyalty points wallet for its members. Despite the fact that the new KrisFlyer program is still in its early stages, the company said it will invest "hundreds of millions of dollars" in digital technology over several years as part of a broader transformation created to remain c... [Full Article...]

Gas prices rise, up 34 cents over this time past year

Gas prices rise, up 34 cents over this time past year Nationally, prices have increased by about 34 cents during the same period. AAA Michigan surveys daily fuel prices at 2,800 gas stations across the state. He predicts that worse is yet to come during the refinery maintenance season and when summer gasoline arrives. "This results in reduced refinery output and rising prices at the pump". [Full Article...]

PSG defender says Lionel Messi is harder to defend than Cristiano Ronaldo

PSG defender says Lionel Messi is harder to defend than Cristiano Ronaldo Lionel Messi is a tougher opponent than Cristiano Ronaldo , says Thiago Silva, a man who has faced both the Barcelona and Real Madrid superstars. "It's harder to defend against Leo Messi than Cristiano Ronaldo ", Silva said, according to Le10Sport . [Full Article...]


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