Business

Business Nifty posts one-month lowest closing, Indian benchmarks close lower on Thursday
Author: 0 Nifty posts one-month lowest closing, Indian benchmarks close lower on Thursday

The BSE market breadth heavily favoured bears - with 2,274 declines and 303 advances. Investors also ran for cover after a flare-up in tension between the U.S. Small-cap and mid-cap indices too fell by 2.90 per cent and 2.64 per cent, respectively, on dilution of exposure by retail investors. The gauge has now lost 527.57 points in three sessions.

Business Toshiba's market reprieve could be fleeting
Author: 0 Toshiba's market reprieve could be fleeting

Toshiba has struggled to win back the trust of shareholders since a 2015 accounting scandal, in which it admitted to inflating profits over several years. If Toshiba reports negative net worth - liabilities exceeding assets - for a second consecutive year it would likely prompt a delisting. Toshiba also booked an operating profit of 96.7 billion yen for the April-to-June period, thanks to its robust chip business, compared with an operating profit of 16.3 billion yen in the same quarter ...

Business SoftBank Vision Fund invests $2.5 billion in Flipkart
Author: 0 SoftBank Vision Fund invests $2.5 billion in Flipkart

That deal valued Flipkart at $11.6 billion. "India has a thriving Internet market with close to 500 million Internet users and as per market research, the Indian e-commerce market is expected to grow at a five-year CAGR in excess of 30 per cent", the statement said.

Business Investors move to safe havens as U.S. and North Korea trade threats
Author: 0 Investors move to safe havens as U.S. and North Korea trade threats

The selling carried through Wednesday's premarket session, with USA stock futures falling slightly. North Korea responded hours later, saying it was considering a missile strike on the U.S. Financial markets have tended to quickly shake off North Korea's periodic saber-rattling in the past, dismissing it as bluster, but tensions have lingered this year amid signs that it is making progress in its ballistic missile program and on Trump's growing frustration with Pyongyang.

Business United Kingdom house prices grow at slowest rate in 4 years: RICS
Author: 0 United Kingdom house prices grow at slowest rate in 4 years: RICS

Some 68 per cent of respondents said the sales prices agreed on homes valued at over £1m were below asking price, with 33 per cent saying the amounts agreed were up to five per cent below what had been asked, while 26 per cent said the difference was between five and 10 per cent.

Business United States warns North Korea to avoid destruction of its people
Author: 0 United States warns North Korea to avoid destruction of its people

The yen drifted 0.4% lower from yesterday's levels to 1.1002 against the USA dollar, helping to keep the benchmark Nikkei 225 largely unchanged over the Thursday trading session, while the dollar index, which measures the greenback's strength against a basket of six global currencies , gained 0.12% to 93.74.

Business FIBA Asia Cup 2017 day 2 results and day 3 preview
Author: 0 FIBA Asia Cup 2017 day 2 results and day 3 preview

Since then, Philippine basketball has experience a renaissance in global basketball. As the Philippines' long-time nemesis in worldwide basketball, there was absolute bad blood between Gilas Pilipinas and South Korea when both countries met in the 2013 FIBA-Asia Championships in Manila .

Business Walmart sorry for 'horrible' gun display — BBCI
Author: 0 Walmart sorry for 'horrible' gun display — BBCI

Parents shopping at one of the retail giant's stores in IN got an eye-opening surprise on Wednesday - when they stumbled upon a back-to-school display featuring an array of firearms. The sign was seen in the sports section of a Walmart on Wednesday. It was not clear whether the sign was placed there by an employee or a shopper. This isn't the first time Walmart's marketing strategy has left consumers outraged.

Business Southeast Asian body notes concerns on South China Sea
Author: 0 Southeast Asian body notes concerns on South China Sea

She says it was a "very, very good outcome". The 10-member Association of South East Asian Nations ( ASEAN ) failed to issue the customary statement on Saturday, over what diplomats said was disagreement over how to address China's activities in the region.

Author: 0 Fear of North Korea attack sends Wall Street spiraling

US stocks closed lower on Tuesday after Trump's comments sparked a late afternoon selling. News late Tuesday that North Korea was reviewing plans for an attack on USA military assets on the island of Guam came just hours after President Trump had warned that continued threats would be met " with fire and fury like the world has never seen".

Author: 0 Vince Wilfork signs one-day contract, retires as a Patriot

ESPN further noted: "American said past year that it would no longer fly the Arizona Cardinals , Baltimore Ravens , Indianapolis Colts , Jacksonville Jaguars , Pittsburgh Steelers and Miami Dolphins ". "That drove me to the best I could because I never wanted to let you down". "It was something that was very meaningful and the two of them on the back had said "Cherish Love" and I think that's what Vince, in many ways, is", Kraft said.

Business Guam's residents feel United States patriotism - and growing concern
Author: 0 Guam's residents feel United States patriotism - and growing concern

Residents of the USA territory Guam say they're afraid after being caught in the middle of rising tensions between President Donald Trump and North Korea, but Gov. In a televised address, Mr Calvo said Guam was working with Washington "to ensure our safety". At the time, North Korea reacted by saying, "The [Democratic People's Republic of Korea] will sweep Guam, the base of provocations, from the surface of the earth".

Business Seoul shares open lower on heightened tensions over North Korea
Author: 0 Seoul shares open lower on heightened tensions over North Korea

The Dow Jones industrial average fell 36 points, or 0.2 percent, to 22,048. The Dow Jones dipped 13 points in early trade, falling to 22,105.62. The Nasdaq composite lost 0.2 per cent, to 6,370.46. The company booked a hefty charge and said its CFO is leaving the company. The stock lost $3.03 to $8.81. Over on continental Europe, the DAX index slid 1.13% to 12,151 in Frankfurt while the CAC 40 dropped 1.48% to 5,141 in Paris.

Business Oil prices slip despite news of lower Saudi supply
Author: 0 Oil prices slip despite news of lower Saudi supply

Oil production remains high in many parts of the world and fuel prices are around half the level seen in 2011-2014. Crude oil futures nudged lower Tuesday as OPEC gathered to discuss its supply quota plan. Still, markets remain over-supplied for the near term, keeping oil's rally in check. "We continue to see stronger third-quarter seasonal demand as more than enough to offset recent production increases and still draw down inventories to at least some degree", said Tim Evans of Citi ...

Business 21st Century Fox Earnings Beat Expectations, Revenues Miss
Author: 0 21st Century Fox Earnings Beat Expectations, Revenues Miss

BlackRock Inc. raised its stake in Twenty-First Century Fox by 2,105.9% in the first quarter. Quarterly total segment OIBDA of $1.45 billion was consistent with the amount reported in the prior year quarter. Revenue in the cable division grew 10 percent to $4.33 billion, Fox said, with earnings ahead 19 percent. If you are reading this piece of content on another website, it was stolen and reposted in violation of United States and worldwide copyright & trademark laws.

Author: 0 Unsafe solar eclipse glasses with fake safety labels are 'flooding' the market

It's important to note that you'll need special glasses to protect your eyes, however NASA is already seeing lots of fakes on the market, that could be unsafe. "You don't look directly at the sun unless you want to damage your eyes". As for how to tell when a pair of viewers is unsafe, the astronomical society says that you shouldn't be able to see anything but the sun through a safe solar filter, and that only things such as bright light bulbs, LED flashlights and sun light off of metal ...

Business Love Island finalist Olivia Attwood denies split from Chris Hughes
Author: 0 Love Island finalist Olivia Attwood denies split from Chris Hughes

It continued: 'Great relationships aren't great because they have no problems. Following rumours of their own show, the news has officially been announced on Love Island's social media accounts. Liv, a former Monster Girl, was seen getting close to Blackburn Rovers star, Bradley Deck, outside Faces nightclub in Essex over the weekend. Our collective hearts broke when the phenomenon that was Love Island came to an end just two weeks ago, with many of us struggling to remember what we ...

Author: 0 US scientists continue to counter Trump's climate claims

Worried President Trump and his Cabinet officials will suppress their findings, a group of federal scientists on Monday night leaked a draft of a sweeping climate change study to the media before it had been approved by the administration.

Business Airline passenger bumps hit lowest level on record
Author: 0 Airline passenger bumps hit lowest level on record

The improvement came amid the worldwide firestorm of publicity in April, when United Airlines had a passenger dragged off a full flight in Chicago . On-time performance: The 12 reporting US carriers posted an on-time arrival rate of 76.2 percent in June 2017, down from 78 percent in June 2016 and 79.1 percent in May.

Business Donald Trump promises 'fire and fury' to North Korea
Author: 0 Donald Trump promises 'fire and fury' to North Korea

These developments follow North Korea's tests last month , proving the country's ability to reach intercontinental ranges. The newspaper said US intelligence officials have assessed that a decade after North Korea's first nuclear test explosion, Pyongyang has produced nuclear weapons for ballistic missile delivery, including by intercontinental missiles - the type capable of reaching Hawaii or the continental U.S.

Business NSE commences verification of suspected 'shell companies' on its platform
Author: 0 NSE commences verification of suspected 'shell companies' on its platform

The hearing at the tribunal has been adjourned till tomorrow. " SEBI order has taken industry and investors by surprise", said Rajesh Narain Gupta, Managing Partner, SNG & Partners. The Securities Appellate Tribunal (SAT) on Wednesday asked the securities market regulator SEBI to hear J.Kumar Infraprojects Ltd objecting to being classified as a "shell company", said the company's attorney.

Business Peel Hunt Reaffirms Buy Rating for Trifast plc (TRI)
Author: 0 Peel Hunt Reaffirms Buy Rating for Trifast plc (TRI)

The firm has "Underperform" rating given on Tuesday, November 15 by BNP Paribas. Peel Hunt upped their price target on Faroe Petroleum plc from GBX 110 ($1.43) to GBX 115 ($1.50) and gave the company a buy rating in a report on Thursday, July 27th.

Business Oprah Debuts Her First Food Line O, That's Good!
Author: 0 Oprah Debuts Her First Food Line O, That's Good!

The reality is a little less epic, at least to start: Now called " O, That's Good ", the line is being produced by Kraft Heinz, a company that's on a new mission to convince skeptical consumers that its packaged foods (Oscar Mayer, Velveeta, Kool-Aid, Cool Whip, and their ilk) can actually be healthy.

Business Starbucks debuts 'Horchata Frappuccino' made with almond milk
Author: 0 Starbucks debuts 'Horchata Frappuccino' made with almond milk

A similar secret-menu version has been kicking around the internet for awhile now too. Aside from the dairyless base, the Horchata Frappuccino will be made with cinnamon dolce syrup, coffee and ice. Social media, however, had mixed opinions on the frosty addition. It was just a couple of weeks ago that Starbucks created the Unicorn Frappuccino which went sent coffee lovers into a frenzy here in the Coastal Bend.

Author: 0 BoI first quarter profit at ₹88 cr

It said that as on June 30, 2017, Thermax Group had an order balance of Rs 4,944 crore as against Rs 4,040 crore in the year-ago period, up 22.4 per cent. Other income surged 30.08 per cent to Rs1,610.96 crore year-on-year. Operating income shot up 44 per cent year-on-year to Rs2,379.43 crore due to sharp fall in employee costs (down 28.5 per cent).

Business North Korea Crosses Red Line, Can Fit Miniaturized Nuke in Missile Warhead
Author: 0 North Korea Crosses Red Line, Can Fit Miniaturized Nuke in Missile Warhead

News of the North Korean threat spread quickly through the community, raising anxiety levels among some, while others expressed confidence that Guam was prepared for such an attack. The nuclear and missile technological achievement was reported Tuesday, as was a second intelligence assessment that estimated DPRK leader Kim Jong Un already controls up to 60 nuclear weapons.

Business Can't get to the eclipse? How about a chocolate doughnut instead?
Author: 0 Can't get to the eclipse? How about a chocolate doughnut instead?

The Krispy Kreme Chocolate Glazed Doughnut features the classic Original Glazed Doughnut, with a chocolate glaze. ► Make it easy to keep up to date with more stories like this . Just last week, Krispy Kreme introduced a Reese's Peanut Butter doughnut . Everyone pray to the donut gods, this must be real. So far there has been no confirmation, however we have reached out to Krispy Kreme for comment.

Business Milla Jovovich To Play Blood Queen In 'Hellboy' Reboot
Author: 0 Milla Jovovich To Play Blood Queen In 'Hellboy' Reboot

The film's plot revolves around Hellboy taking on the evil sorceress who threatens humankind. Unlike the original franchise by Guillermo del Toro - which was PG13 - this film will be R-rated, following in the footsteps of other successful R-rated movies including "Deadpool" and "Logan".

Author: 0 Hot Stock to Watch: Pioneer Natural Resources Co. (PXD)

Finally, Cowen and Company set a $210.00 price objective on Pioneer Natural Resources and gave the company a "buy" rating in a report on Wednesday, July 19th. Neuberger Berman Group LLC controls 2,450,508 shares with a value of $391,052,000. Canada Pension Plan Invest Board, Ontario - Canada-based fund reported 73,687 shares.

Author: 0 North Korea spat rattles Wall Street

The continued weakness on Wall Street reflects geopolitical concerns amid a continued increase in tensions between the US and North Korea. The CBOE Volatility Index, better known as the VIX and the most widely-followed barometer of expected near-term stock market volatility, closed at 10.96, its highest in about a month.

Business Traders Buy Large Volume of Put Options on Fossil Group (NASDAQ:FOSL)
Author: 0 Traders Buy Large Volume of Put Options on Fossil Group (NASDAQ:FOSL)

Campbell & CO Investment Adviser LLC bought a new stake in shares of Fossil Group during the second quarter valued at about $122,000. Kartsotis now owns $44,995,127 of the stock per the Form 4 SEC filing. ILLEGAL ACTIVITY WARNING: This news story was reported by Sports Perspectives and is the property of of Sports Perspectives. (NASDAQ:FOSL) now have an ABR of 3.38.which is marked on a basic 1 to 5 scale, where 1 stands for a Strong Buy and 5 represents Strong Sell.

Author: 0 NASA warns: Keep a wary eye on those glasses

Herrell said people who view the eclipse without protecting their eyes could suffer from solar retinopathy. You also get a free Broncos collector card. The phases of the partial eclipse - the time when the moon will be moving slowly in front of the sun - are expected to take hours throughout the day.

Business Worldpay closes £9.3bn merger deal with USA giant Vantiv
Author: 0 Worldpay closes £9.3bn merger deal with USA giant Vantiv

Vantiv is the dominant force within the initiative, with its existing shareholders set to own 57% of the new, major entity, with Worldpay's shareholders commanding 43%. Worldpay was formerly owned by Britain's state-rescued Royal Bank of Scotland, which sold off its remaining stake to private equity firms Advent International and Bain Capital in 2013.

Business Tillerson Hails UN Sanctions on North Korea
Author: 0 Tillerson Hails UN Sanctions on North Korea

Then, he met his burmese counterpart Kang Kyung-Wha, the first bilateral talks before meeting with Russian Sergei Lavrov, the chinese Wang Ki and South Korean Kang Kyung-Wha, all of the key players of the dossier north Korean. Wang said the discussions have, so far, been friendly with broad consensus among the participants in preparation for the Leaders Summit in November.

Business Ralph Lauren Corporation (RL) Earns Hold Rating from Cowen and Company
Author: 0 Ralph Lauren Corporation (RL) Earns Hold Rating from Cowen and Company

At&T now has $236.79 billion valuation. The stock rose 12.45% or $9.72 reaching $87.86. The company plans to pull back more inventory from 20 to 25 per cent of U.S. Its up 0.28, from 0.87 in 2016Q3. The company said it also reduced the number of stock-keeping units 20 percent for fall, producing a more focused, higher margin assortment, and it shortened lead times to get 35 percent of its business on a six-month calendar and 90 percent on a nine-month cycle by the end of fiscal 2018 to ...

Business 'Deviant' copter PC jailed for filming sex from sky
Author: 0 'Deviant' copter PC jailed for filming sex from sky

Adrian Pogmore, 50, used a South Yorkshire police helicopter camera to shoot footage of a mother and her daughters sunbathing naked in their garden, naturists at a campsite and a couple he knew who were having sex on their patio. The judge said he found it an "immensely difficult" sentencing exercise and said: "I'm as acutely aware as anyone else that without the thin blue line this country would fall into anarchy".

Business Justice Dept. supports Ohio's rules for purging its voter rolls
Author: 0 Justice Dept. supports Ohio's rules for purging its voter rolls

The American Civil Liberties Union of Ohio, the Ohio A. Philip Randolph Institute and the Northeast Ohio Coalition for the Homeless sued the state in 2016 because federal law prohibits states from removing voters for not voting. In June, the agency sent an ominous letter to 44 states suggesting that the NVRA requires them to purge their voter rolls more vigorously. He also pointed out that no career civil rights attorneys signed onto the brief, which appears to have been drafted ...

Business Uber is phasing out its subprime car-leasing division after massive losses
Author: 0 Uber is phasing out its subprime car-leasing division after massive losses

The leasing division saw losses of about $9,000 per auto, more than the estimated losses of around $500 per vehicle, the Journal said. Uber now has about 40,000 vehicles in the program, which it leases to drivers. While conceived as a way to help new drivers get started, the program also left some drivers shackled with commitments they were unable to meet, Bloomberg reported previous year.

Business Dow tracks 9th straight day of record close
Author: 0 Dow tracks 9th straight day of record close

Buying appetite was seen cooling in early trade after the S&P 500 index and the Dow ended at fresh records on Monday, with some investors expressing concerns about lofty equity valuations. LOOKING GOOD: Michael Kors climbed 22.1 percent after the luxury handbag and apparel designer and retailer's latest quarterly results beat analysts' forecasts as sales improved.

Business Bump-Rate of Airline Passengers at Lowest Level Since '95
Author: 0 Bump-Rate of Airline Passengers at Lowest Level Since '95

Previously, the lowest quarterly rate was 50 per million from July to September 2002. Complaints about airline service are up by 7.8 percent since past year, according to the same report, regarding a range of issues including flight problems, baggage, reservation and ticketing, refunds, customer service, disability access, and discrimination.

Author: 0 Asean, China Adopt Framework for Crafting Code on South China Sea

North Korea's tests of intercontinental ballistic missiles, are expected to dominate Monday's ASEAN Regional Forum (ARF), which gathers 27 foreign ministers - including those of Russia, Japan, the United States, China and North and South Korea - to discuss security issues.

Business Bitcoin price surges to new record high
Author: 0 Bitcoin price surges to new record high

As of this writing Bitcoin Cash is trading at $340 levels - a much stable price - compared to what we witnessed over the last two days. The ethereum classic price saw a 7-day gain of 11%, while the Dash price returned 10%. Behind the scenes, Bitcoin developers have battled against each other, with one set wanting to limit the size of files to combat hackers and the rest wanting to write the code to speed up the network.

Business Nadeem Muhammad Guilty of Ryanair Pipe Bomb Attempt
Author: 0 Nadeem Muhammad Guilty of Ryanair Pipe Bomb Attempt

Muhammad claimed in court that he had never seen the device before and that it had nothing to do with him. The device was confiscated but swabs failed to detect any explosives. The jury took 15 hours to deliver a majority verdict of 10 to two. Muhammad will be sentenced on August 23. But prosecutors said Muhammed meant to detonate the device during the Ryanair flight.

Business Walt Disney Co (DIS) Q3 Earnings Mixed, Will Acquire Majority Of BAMTech
Author: 0 Walt Disney Co (DIS) Q3 Earnings Mixed, Will Acquire Majority Of BAMTech

Other large investors have also modified their holdings of the company. Walt Disney Company (The)'s quarterly revenue was up 2.8% on a year-over-year basis. InterOcean Capital LLC boosted its position in Walt Disney Company (The) by 14.5% in the fourth quarter. It also reduced its holding in Wells Fargo & Co New (NYSE:WFC) by 72,641 shares in the quarter, leaving it with 3,455 shares, and cut its stake in Biogen Idec Inc (NASDAQ:BIIB).