Economy

SBI cut down minimum balance charges by up to 75%

SBI cut down minimum balance charges by up to 75% The rates have been reduced by 75 per cent and new charges will be effective from April 1, 2018. The decision comes in view of the feedback from the various users. Shifting to BSBD account is even more convenient and flexible, because there is no charges levied by SBI on them. The minimum balance in metro and urban cities are Rs.3000. [Full Article...]

Oil Sinks on Output Complications

Oil Sinks on Output Complications The split is driven by differing views over whether $70 a barrel would send USA shale companies into a production frenzy that could cause prices to crash. USA oil production gains nevertheless are offsetting an effort led by the Organization of Petroleum Exporting Countries to cut into the surplus on five-year oil inventories through output curtailments. [Full Article...]

Pearson (PSON) Stock Rating Reaffirmed by Liberum Capital

Its up 0.02, from 0.73 in 2017Q2. Its up 13.13% from 1.23M shares previously. American Century Companies owns 0% invested in Restore PLC (LON:RST) for 59,606 shares. Diploma had 48 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has "Buy" rating given on Thursday, November 16 by J.P. Morgan. [Full Article...]

Self-Flying Air Taxi Tested in New Zealand

Self-Flying Air Taxi Tested in New Zealand This time around, though, Kitty Hawk's ambitions are bigger. Known as Cora , the aircraft uses a multi-rotor system to take off and land vertically without the need for a runway. As far as flying taxis go, this one's pretty easy on the eyes. The New York Times pointed out almost every prediction about how fast air taxis would take to the skies has been wrong - it remains to be seen if... [Full Article...]

Oil edges up on reduced United States drilling activity, booming job market

Oil edges up on reduced United States drilling activity, booming job market U.S. West Texas Intermediate and international-benchmark Brent crude oil futures finished lower on Monday on renewed concerns over rising U.S. production and tight OPEC supply. US crude oil production soared past 10 million barrels per day (bpd) in late 2017, overtaking output by top exporter Saudi Arabia. Oil prices shot up more than 3 percent in Friday trading after oil and gas services comp... [Full Article...]

Hillary: America Doesn't Deserve Trump as President

Hillary: America Doesn't Deserve Trump as President Two-time failed presidential candidate Hillary Clinton on Saturday said that Donald Trump's 2016 campaign was about black people losing their rights and opposing women. This is the elitism people voted against. Then she turned to Trump's voters: "And his whole campaign - "Make America Great Again" - was looking backward". [Full Article...]

Ivan Rakitic: 'I'd welcome Neymar return to Barcelona'

Ivan Rakitic: 'I'd welcome Neymar return to Barcelona' Midfielder Ivan Rakitic says that he would be happy to see Neymar make a return to Barcelona at some stage in the future. Life in the French capital has been comfortable for Neymar , who has scored 29 goals and assisted 19 in 30 games in all competitions. [Full Article...]

President Trump blocks Broadcom's $117 billion Qualcomm bid over national security

President Trump blocks Broadcom's $117 billion Qualcomm bid over national security The odds of a completed deal were already low after the Committee on Foreign Investment in the USA ordered a 30-day stay in Broadcom's attempt to overturn a majority of the board of Qualcomm and force the company into negotiations on its $100 billion offer. [Full Article...]

IndiGo flights cancelled after DGCA grounds 11 Airbus 320 Neo planes

IndiGo flights cancelled after DGCA grounds 11 Airbus 320 Neo planes IndiGo has 32 Pratt and Whitney engine planes out of which nine were grounded, and GoAir has 13 Pratt and Whitney engine planes out of which three were grounded by the DGCA yesterday. In February, the USA aviation regulator said the Pratt & Whitney engines pose a shutdown risk, following similar action by European regulators that month. [Full Article...]

Revenue Approximations Analysis: Physicians Realty Trust (DOC), Helmerich & Payne, Inc. (HP)

Revenue Approximations Analysis: Physicians Realty Trust (DOC), Helmerich & Payne, Inc. (HP) About 879,735 shares traded. (NYSE:FR) has risen 18.40% since March 1, 2017 and is uptrending. It has underperformed by 11.26% the S&P500. Universal Health Realty Income Trust is a real estate investment trust (REIT). The company was initiated on Thursday, May 12 by JP Morgan. The rating was maintained by Stifel Nicolaus on Monday, September 18 with "Buy". Its up 1.03, from 1.03 in 2017Q2. [Full Article...]

Indian Wells: Serena and Venus Williams meet after 14-year tournament boycott

Indian Wells: Serena and Venus Williams meet after 14-year tournament boycott I have a long way to go . Serena was already pregnant with daughter Alexis Olympia, who was born on 1 September, when she beat Venus 6-4 6-4 in Melbourne. But I call this a trial run, you know. In fact, it's the first time they've met before the Round of 16 since their very first head-to-head matchup more than 20 years ago. [Full Article...]

Tesla has raised its Supercharger rates across the US

Tesla has raised its Supercharger rates across the US About 1.34 million shares traded. Tesla , Inc . (NASDAQ: TSLA)'s Return on Assets (ROA) of -7.30% is an indicator of how profitable Tesla , Inc .is relative to their total assets. Therefore 34% are positive. According to Zacks , analysts expect that Tesla will report full-year sales of $3.39 billion for the current year, with estimates ranging from $14.03 billion to $23.01 billion. [Full Article...]

Technical problem leads to long delays for Air Canada flights

Technical problem leads to long delays for Air Canada flights Flights are timed to connect conveniently with Air Canada´s extensive domestic schedule, provides for Aeroplan accumulation and redemption, Star Alliance reciprocal benefits, and for eligible customers, priority check-in, Maple Leaf Lounge access at Canadian airports, priority boarding and other benefits. [Full Article...]

Barry Soper: Donald Trump's trade war will make America grate again

Barry Soper: Donald Trump's trade war will make America grate again Some European policymakers said they anxious the tariffs were part of a broader assault by the Trump administration on ties between Europe and Washington, which has been the backbone of the post-World War II Western order. "The initial reaction down here was basically, 'You've already called us subhuman rapists so this is par for the course, '" said former Mexican Congressman Agustín Barrios Góm... [Full Article...]

India's factory production in January up 7.5% over past year

India's factory production in January up 7.5% over past year In a sustained improvement in economic conditions, retail inflation in February eased as food prices softened, while industrial production soared in January. Milk and its products too were less expensive with inflation print of 4.21 percent, cereals and products at 2.10 percent, meat & fish at 3.31 percent while for eggs the prices grew at a slower pace of 8.51 percent. [Full Article...]

Dropbox and Salesforce to integrate cloud services

Dropbox and Salesforce to integrate cloud services According to a Bloomberg calculation, the transaction would value Dropbox at $7.1 billion, less than its $10 billion value during a prior private capital raising effort in 2014. The company also has Class C shares, which have no voting rights but convert to Class A on a share-by-share basis. Dropbox, which was valued at $10 billion in its 2014 funding round, would be one of the biggest USA enter... [Full Article...]

Harvey Schwartz to depart Goldman Sachs

Harvey Schwartz to depart Goldman Sachs There's now a clear frontrunner in the race to succeed long-time Goldman Sachs (GS) CEO, Lloyd Blankfein. Last week, The Wall Street Journal reported that Blankfein would most likely retire, on his own terms, ahead of Goldman Sachs' 150th anniversary in 2019, or early that year. [Full Article...]

Sensex zooms 611 pts; Nifty ends above 10400 on global rally

Sensex zooms 611 pts; Nifty ends above 10400 on global rally The 50-share NSE Nifty saw the biggest single day percentage gains for the first time in last 22 months, up 194.50 points or 1.90 percent at 10,421.40. The S&P 500 Index rose on Friday and the Nasdaq Composite Index soared to a fresh record high after U.S. non-farm payrolls data topped forecasts. Investors awaited February CPI inflation and January industrial output data due later today. [Full Article...]

Plane crash in Nepal, casualties feared

Plane crash in Nepal, casualties feared A spokesman for the airport said: "We are trying to bring the fire under control". According to an airport official, the US-Bangla Airlines plane appeared to catch fire just before it landed and skidded to a stop in a field beside the runway on Monday afternoon. [Full Article...]

Melrose ups offer for GKN as acceptance deadline looms

Melrose ups offer for GKN as acceptance deadline looms GKN announced the terms of the Driveline deal last week which would see Dana shareholders own 52.75% of the company and GKN the remainder, with the combined company set to be domiciled in the United Kingdom but traded on the New York Stock Exchange. [Full Article...]


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