Economy

Why the iPhone 7S could be better than the iPhone 8

Apple , reportedly is testing features like a new screen type, a curved display, a stainless steel chassis, and improved cameras. According to Bloomberg , which is in large part a reiteration and semi-confirmation of rumours that have already been out there for a while, the premium model will have a curved glass service and tiny bezels, which will allow it to have a crisp OLED display that is a... [Full Article...]

Volkswagen plans to launch its first electric car in China next year

A year ago 11m cars were recalled in China, just over 120,000 of which were domestic brands, but this apparent discrepancy is not deterring foreign brands from targeting what remains a growing market. That would make it the biggest electric brand for a second year, with Tesla Inc.in second place at 76,230 vehicles sold. More recently, the government has indicated that timetable could slip. [Full Article...]

Stock Traders Purchase High Volume of Delta Air Lines Call Options (DAL)

Stock Traders Purchase High Volume of Delta Air Lines Call Options (DAL) Evercore ISI reissued an "outperform" rating on shares of Delta Air Lines in a report on Thursday, April 6th. The current assessment forDelta Air Lines, Inc. Typically, they estimate what the company's earnings and cash flow will be for the next couple of years, and then apply a ratio - such as a price-to-earnings ratio - to those estimates to determine what the future stock price should theor... [Full Article...]

Exxon seeks waiver from U.S. sanctions on Russia

Exxon has been seeking USA permission to drill with Rosneft in several areas banned by sanctions and renewed a push for approval in March, shortly after its most recent chief executive, Rex Tillerson, became secretary of state on February 1. [Full Article...]

Indonesia prosecutors seek 2 years probation for Jakarta gov

Official results will not be announced until the first week of May, but quick counts by independent pollsters should be able to predict the victor hours after the polls close. Millions of Indonesians will head to the polls in Jakarta on Wednesday to choose between a Muslim and a Christian candidate for governor, as religious tensions run high in the capital of the world's third-largest democracy... [Full Article...]

Lowe confident attacking Glory can win on road

The 29-year-old, who's played 62 minutes off the bench over the last two games, believes the extra precautions will ensure he can slot back in to the XI on Sunday. After three defeats - all on the road - in four matches to finish the regular season, City will look to replicate the performance that saw them defeat Glory 2-0 at home at the same stage past year with Fornaroli scoring a double, includ... [Full Article...]

Data breach hit tri-county hotels in September

Data breach hit tri-county hotels in September Other IHG-branded hotels include Candlewood Suites, Crowne Plaza, Even, Holiday Inn, Hotel Indigo, Hualuxe, InterContinental, Kimpton Hotels and Resorts and Staybridge Suites . In many of those incidents, thieves planted malicious software on the point-of-sale devices at restaurants and bars inside of the hotel chains. The breach happened between September 29 and December 29, 2016 IHG said that t... [Full Article...]

Moving Stocks: Citigroup Inc. (C), Noble Corporation plc (NE)

Several other hedge funds have also recently made changes to their positions in the stock. Carmignac Gestion raised its stake in shares of Noble Energy by 2.7% in the third quarter. Macquarie Group Ltd. increased its position in Noble Energy by 1,369.6% in the second quarter. A number of analysts recently weighed in on NBL shares. [Full Article...]

Dream Office Real Estate Investment Trst Announces Monthly Dividend of $0.13

Dream Office Real Estate Investment Trst Announces Monthly Dividend of $0.13 Analysts covering the shares have a consensus short-term price target of $34.58 on the equity. COPYRIGHT VIOLATION WARNING: This news story was originally reported by Sports Perspectives and is the sole property of of Sports Perspectives. [Full Article...]

Oil hits five-week top on geopolitical tensions, strong demand

U.S. West Texas Intermediate ( WTI ) CLc1 fell by 19 cents to $52.88 a barrel, after touching a five-week high of $53.23. According to OPEC , crude oil supply from non-members this year will average 57.89 million bpd, thanks to growing output in the US and modest declines in Columbia and China. [Full Article...]

IMF raises global growth forecast, warns against protectionism

International Monetary Fund has also slightly improved the growth rate expected in 2018, from 3.3% to 3.4%. By contrast, the Bank of Canada projected last week that the economy will expand by 2.6 per cent this year, up from its prior estimate of 2.1 per cent growth. [Full Article...]

United CEO: not to fire employees involved in passenger-dragging incident

After the incident triggered global outrage, United Chief Executive Oscar Munoz apologized to Dao, his family and its customers, saying the carrier would no longer use law enforcement officers to remove passengers from overbooked flights. [Full Article...]

Turkey's AKP eyes gradual Erdogan return to party after referendum win

Turkish President Recep Tayyip Erdogan will meet Donald Trump in May, the Turkish foreign minister says, after the USA president congratulated the Turkish leader for winning a referendum on enhancing his powers. Turkey's main secularist opposition CHP said it will present its appeal for the annulment of Sunday's referendum. The new system takes effect at the next election, now slated for Novembe... [Full Article...]

Lam Research Corporation (NASDAQ:LRCX) Sees Unusual Volume Mid-Session

Lam Research Corporation (NASDAQ:LRCX) Sees Unusual Volume Mid-Session Quadrant Capital Group LLC boosted its stake in Lam Research Corporation by 5.6% in the third quarter. Equity research analysts have forecasted the stock level. The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 29th. Shareholders of record on Wednesday, March 8th were given a $0.45 dividend. [Full Article...]

Ivanka's biz prospers as politics mixes with business

Ivanka's biz prospers as politics mixes with business February 20, 2017: Ivanka Trump Marks LLC wins preliminary approval for a trademark covering branded leather handbags in China, where the company has 52 pending or registered trademarks listed in the government trademark database. The beginning of the year saw a surge in American companies pulling Ivanka Trump products off their shelves. "I would never have allowed it", Eisen said. [Full Article...]

Bank regulator faults itself for missing Wells Fargo issues

Bank regulator faults itself for missing Wells Fargo issues Wells Fargo & Co New Com now has $260.48B valuation. Several institutional investors have recently modified their holdings of WFC. ILLEGAL ACTIVITY WARNING: "Exchange Capital Management Inc". The company's revenue for the quarter was down.9% compared to the same quarter previous year. During the same quarter past year, the firm posted $0.99 earnings per share. [Full Article...]

United CEO says he felt 'shame' over incident with passenger

Dao told WLKY , a local Kentucky station, on Tuesday that he was still being treated at a Chicago hospital for injuries he suffered. "You saw us at a bad moment, and this will never happen again on a United Airlines flight". On Wednesday, Munoz said he did not blame the passenger, and added that his initial comments "fell short" of what he felt. "And that's something that I've learned from". [Full Article...]

Vimy Ridge: Royals to commemorate defining WW1 battle

Prince William, Prince Harry and Justin Trudeau remembered those who sacrificed their lives in the Battle Vimy Ridge. The battle marked the first time all four Canadian divisions fought together side-by-side during the war, advancing together on the heavily fortified ridge. [Full Article...]

US VP Pence assures Japan: America is with you '100 percent'

US VP Pence assures Japan: America is with you '100 percent' In previous comments, Pence waned that the "era of strategic patience is over". Mr Pence added: "We seek peace always as a country, as does Japan". Despite the tension, North Korea may carry out a sixth nuclear test soon, observers say. [Full Article...]

Brent oil rises for 8th day on possible extension to supply cut

Citi's report said that Brent oil prices are set to rise over US$60 per barrel this year as long as OPEC countries agree with non-OPEC allies to honour their output cut. output will counter the reductions. OPEC members pumped a combined 31.93 million barrels of crude daily last month, down 153,000 bpd from February, the group said in the latest edition of its Monthly Oil Market Report. [Full Article...]


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