Business

Business Irish court refers landmark EU-US data transfer case to EU
Author: 0 Irish court refers landmark EU-US data transfer case to EU

He noted that Facebook is required by law in the U.S.to provide personal data to the National Security Agency, whereas that is prohibited under European law. The company has previously said the case could lead to a breakdown in transatlantic data transfers that could knock European Union economic output by up to 1.3 percent.

Business India's renewable energy capacity to double by 2022, report says
Author: 0 India's renewable energy capacity to double by 2022, report says

That production will be equal to about half the globe's coal power capacity, in a fraction of the time it took to build all that coal power. By 2022, renewable electricity capacity should increase by 43 per cent, the report said. With many countries committing to fossil fuel auto bans and companies like General Motors Volvo moving away from traditional fuel models, electric vehicles are expected to double by 2022.

Business Laredo Petroleum, Inc. (NYSE:LPI) Valuation According To Analysts
Author: 0 Laredo Petroleum, Inc. (NYSE:LPI) Valuation According To Analysts

Therefore 75% are positive. Laredo Petroleum, Inc .is an independent energy company. Where the relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine excess buying & selling conditions of an asset, it is one of the most popular technical indicators, computed on the basis of the speed and direction of a stock's price movement.

Business Global Protein Supplements Market 2017- Glanbia, GlaxoSmithKline, GNC Holdings
Author: 0 Global Protein Supplements Market 2017- Glanbia, GlaxoSmithKline, GNC Holdings

Further, Global Two Wheeler Lighting report analyses the development opportunities as well as the threats to the Two Wheeler Lighting market , business tactics, sales volume and latest developments taking place in Two Wheeler Lighting. As a research firm, we know that every market is volatile and the overall performance of any market is completely dependent on the unpredictable, evolving nature of the economy and region and a slew of other factors.

Business New Analyst Ratings For Unite Group (LON:UTG)
Author: 0 New Analyst Ratings For Unite Group (LON:UTG)

JD Sports Fashion PLC ( LON:JD ) traded up 0.79% on Friday, reaching GBX 381.80. Its down 9.63% from 1.46 million shares previously. 243,071 were accumulated by Royal National Bank & Trust Of Canada. The rating was maintained by KeyCorp on Friday, March 24 with "Equal Weight". The rating was upgraded by Numis Securities to "Add" on Tuesday, August 25.

Business Toys 'R' Us hopes AR will bring you back to its stores
Author: 0 Toys 'R' Us hopes AR will bring you back to its stores

Play Chaser is now in testing across 23 American stores, majority in California, New York and North Carolina. In order to bolster its presence online TRU has commenced production on a new online hub for Toy R Us and Babies R Us businesses in the U.S.

Business UAE: NOC to reduce oil production in November as expected by OPEC
Author: 0 UAE: NOC to reduce oil production in November as expected by OPEC

After nearly no change in world inventories in the first six months Opec's deal was in place, stock levels finally appear to be dropping and the physical markets, often a barometer of the health of the futures market, are showing the kind of strength not seen for at least three years.

Business Celebrate National Coffee with a Cop Day in Solano
Author: 0 Celebrate National Coffee with a Cop Day in Solano

The informal setting allows the community to ask questions and voice concerns. Wednesday is National Coffee With a Cop Day , and agencies all across the country, including the Upstate, are participating. The Hawthorne Police Department, in California, created the program in 2011, after they chose to restructure their department to become more community-oriented.

Business Sensex, Nifty open on cautious note ahead of RBI policy rate announcement
Author: 0 Sensex, Nifty open on cautious note ahead of RBI policy rate announcement

NSE benchmark Nifty extended gains for the third consecutive session today following sustained buying in energy, metal, FMCG , auto and IT counters. The Nifty50 rose by 70.90 points, or 0.72 per cent, to close at 9,859.50 points, while the Sensex closed at 31,497.38 points - up 213.66 points, or 0.68 per cent.

Business Manchester City striker Sergio Aguero could miss up to six weeks
Author: 0 Manchester City striker Sergio Aguero could miss up to six weeks

Argentina need to avoid defeat against Peru on Friday to have any chance of automatic qualification for the 2018 World Cup. But, Villani believes Aguero is much further away from returning to the pitch. "He feels very bad as he wanted to be with us". "A month and a half, minimum", he said. Aguero, who was in Amsterdam for a music concert performed by Colombian singer Maluma, suffered the injury when the taxi he was travelling back to the airport in crashed into a pole at 11pm.

Business Highlights of RBI's fourth bi-monthly Monetary Policy Statement for 2017-18
Author: 0 Highlights of RBI's fourth bi-monthly Monetary Policy Statement for 2017-18

India's central bank isn't averse to surprises. The six-member monetary policy committee (MPC) kept the repurchase rate-the rate at which the central bank infuses liquidity in the banking system-unchanged at 6.00%. The inflationary trend could rule out any chance that the RBI will cut the repo again, after lowering it by 25 basis points to a seven-year low of 6 percent at its last meeting in August, even as economic growth unexpectedly slowed to a three-year low of 5.7 percent.

Business Would you want to live in the City of Amazon, Ga.?
Author: 0 Would you want to live in the City of Amazon, Ga.?

Seattle-based online retail giant Amazon is looking for a second city to house another headquarters. As for what Stonecrest would get out of a successful bid - it'd see the benefits of 50,000 new jobs brought to the area, as well as the boost to local businesses that such an influx of big-business would bring.

Business Toyota ends auto production in Australia
Author: 0 Toyota ends auto production in Australia

The last auto rolled off the production line at the Altona plant in Melbourne earlier this morning. He said Victoria had asked the Federal Government to match the state's local industry fund to help workers find new jobs but it was rejected.

Business New Rs 100 note coming in April, claims report
Author: 0 New Rs 100 note coming in April, claims report

The Reserve Bank of India is all set to bring new Rs 100 notes with printing of the new currency denomination notes set to begin in April next year, a media report said, citing officials. The portrait of Mahatma Gandhi is on the centre and the note bears Ashoka Pillar emblem on the right. This will also make it hard to duplicate the currency due to enhanced security features in the new note.

Business Tesco reinstates dividend as half-year profits swell to £562m
Author: 0 Tesco reinstates dividend as half-year profits swell to £562m

Tesco shares traded 1.8 percent higher at 193.5 pence at 0715 GMT. The group's shares have added almost three percent to their value over the past year, but are down by some six percent in the year-to-date. Sanford Bernstein analyst Bruno Monteyne commented that the results showed that Tesco was recovering in the United Kingdom, while its troubled worldwide operations were also improving.

Business Petrol, diesel to get cheaper as Centre slashes excise duty
Author: 0 Petrol, diesel to get cheaper as Centre slashes excise duty

The finance ministry had too had earlier ruled out lowering excise duties on petroleum products, citing pressure on government finances. A secondary and longer term effect will be on inflation and which also impact the consumer in terms of food prices however, the recent record harvest and decline in food inflation should serve as a buffer for possible interest rate increases.

Business United States will 'be talking about gun laws as time goes by'
Author: 0 United States will 'be talking about gun laws as time goes by'

Trump previously addressed the nation in a somber speech on Monday morning, labeling the shooting "pure evil". "What makes America unique is the absence of political will and leadership". " What we can do is relate our experience ", Australian Foreign Minister Julie Bishop said in an interview to 2GB radio station on Tuesday . "We can not imagine their loss".

Business Ford is taking on Tesla with a new group called Edison
Author: 0 Ford is taking on Tesla with a new group called Edison

Hackett , who as CEO of Steelcase led that company through a high-tech transformation, initially came to Ford to run its future-mobility subsidiary, Ford Smart Mobility LLC. For example, the Fusion now has 35,000 combinations, Ford said. Jim Farley, head of Ford's global markets, said Ford plans more off-road SUVs like the upcoming Bronco for North America and more low-end small SUVs and seven-passenger SUVs for China.

Business Zogenix, Inc. (NASDAQ:ZGNX) has Overbought Reading Based on Its RSI
Author: 0 Zogenix, Inc. (NASDAQ:ZGNX) has Overbought Reading Based on Its RSI

The company beat the analyst EPS Estimate with the difference of $0.27. The firm earned "Outperform" rating on Monday, October 2 by Leerink Swann. Previously Zogenix Inc (NASDAQ: ZGNX ) reported $-0.93 earnings per share (EPS) for the quarter, missing the consensus estimate of $-0.89 by $-0.04 with surprise factor of -4.5%.

Business European Union to order Amazon to pay millions in back taxes
Author: 0 European Union to order Amazon to pay millions in back taxes

That ruling is expected today. The company allegedly benefited improperly from tax laws in Ireland. In a draft document to be published today the commission will propose that Value-Added Tax in cross-border trade should be charged at the rate in the buyer's country rather than the seller's.

Business GoFundMe started to help victims of Las Vegas massacre
Author: 0 GoFundMe started to help victims of Las Vegas massacre

The page, created by Las Vegas Clark County Commission Chair Steve Sisolak , had an original goal of $500,000. The company is also providing lodging, meals, transportation and grief counseling for victims, their families, first responders and grief counseling.

Business House approves late-term abortion ban
Author: 0 House approves late-term abortion ban

The Trump administration released a statement confirming President Trump would sign the Pain-Capable Unborn Child Protection Act if it reached his desk in its current form. "The United States is now out of the mainstream in the family of nations". "20 week abortion bans are: unpopular, unconstitutional, part of the agenda to ban ALL abortion", tweeted Planned Parenthood.

Business Ford Could Bring Electric Motor Engineering, Production In-House
Author: 0 Ford Could Bring Electric Motor Engineering, Production In-House

The news comes after General Motors announced that it would be manufacturing at least 20 electric cars between now and 2023 . These new vehicles Ford intends to bring to market will benefit from more money towards electrification resources, on top of a previously announced $4.5-billion investment that will bring models such as an F-150 hybrid, Mustang hybrid and full EV around 2020.

Business Australia's central bank holds rates at record lows, signals patience on policy
Author: 0 Australia's central bank holds rates at record lows, signals patience on policy

Mortgage Choice mortgage broker/franchisee Scott Partridge said he was not surprised by the Board's decision to leave the cash rate untouched for the 14 consecutive month. "An appreciating exchange rate would be expected to result in a slower pick-up in economic activity and inflation than now forecast", he said. "Australia's household debt-to-income level has reached a record 190.4 per cent - largely due to the supply of ultra-cheap money", she said.

Business 2013 hack hit all three billion Yahoo accounts: company
Author: 0 2013 hack hit all three billion Yahoo accounts: company

Yahoo disclosed in November of past year that law enforcement officials had given it data files showing what appeared to be evidence that an unknown third party had access to Yahoo user data. "While this is not a new security issue, Yahoo is sending email notifications to the additional affected user accounts", said a statement issued by Verizon´s internet unit known as Oath.

Business California lawmakers react to deadly Las Vegas shooting
Author: 0 California lawmakers react to deadly Las Vegas shooting

It's considered the deadliest mass shooting in modern United States history. As bullets rained down on the Las Vegas Strip on Sunday, some 30 people escaped to Allegiant Air's office at McCarran International Airport. Democratic leaders have hit a wall when it comes to sending "thoughts and prayers". The sheriff said donations have been overwhelming and the love and support continues to grow in Las Vegas .

Business Elizabeth Warren Demands That a Second Wells Fargo CEO Be Fired
Author: 0 Elizabeth Warren Demands That a Second Wells Fargo CEO Be Fired

The prepared comments from Tim Sloan come ahead of his scheduled appearance in front of the Senate Banking Committee on Tuesday, about a year since his predecessor did the same and was grilled about the sales practices. A year later, it appears Congress remains united on at least one thing: its anger at Wells Fargo over a sales practices scandal. "I would agree that in our community bank we had fundamental problems that created a broken culture", Sloan said.

Business Next Weeks Broker Price Targets For Pearson, Plc (NYSE:PSO)
Author: 0 Next Weeks Broker Price Targets For Pearson, Plc (NYSE:PSO)

The Firm helps businesses pay and get paid. About 332,633 shares traded. It has underperformed by 16.70% the S&P500. The Company's segments include UK & ROI, which includes the United Kingdom and Republic of Ireland; International, which includes Czech Republic, Hungary, Poland, Slovakia, Malaysia and Thailand, and Tesco Bank, which includes retail banking and insurance services through Tesco Bank in the United Kingdom.

Author: 0 Looking Mainly At Fundamentals: Sears Holdings Corporation (SHLD), Sarepta Therapeutics, Inc. (SRPT)

It has outperformed by 80.12% the S&P500.The move comes after 9 months negative chart setup for the $2.97 billion company. The SVP, Regulatory Affairs & Qual now owns $912,616 of the stock per the Form 4 SEC filing. Three equity analysts rating the company a strong buy, one equity analyst rating the company a buy, five equity analysts rating the company a hold, four equity analysts rating the company a underperform, and finally one equity analyst rating the company a sell with a one year ...

Business Ford US sales up 8.7% to 222248 units
Author: 0 Ford US sales up 8.7% to 222248 units

Ford Motor Company (NYSE:F)'s Leverage Ratio was recently noted as 0.599445. Kelman Lazarov Inc. bought a new stake in Ford Motor during the second quarter valued at approximately $116,000. The P/E ratio is now 12.99 and market cap is 49.01B. The stock closing price is now trading upward to its 50 day moving average with change of 14.72%, escalated to its 20 day moving average with figure of 8.90% and above its 200 day moving average with value 18.11%.

Business Sisters halt production after allegations raised
Author: 0 Sisters halt production after allegations raised

The Food Standards Agency - which had conducted nine audits at the site, five of which were unannounced, in the months of July and August - also announced its own investigation. "We will of course continue to work closely with all stakeholders during this investigative phase". "It's really important that we maintain the highest possible standards, that people have quality food on their table and that they can trust what they're buying in the supermarket".

Business Walmart Acquires Same-Day-Delivery Startup
Author: 0 Walmart Acquires Same-Day-Delivery Startup

Not only does Amazon offer Prime members free two-hour delivery on a limited assortment of goods, it also lets these customers get same-day delivery for free on a catalog of more than a million products. Walmart is even testing a service where customers can have their food delivered to their homes and put away in the refrigerator. Jet has been testing same-day delivery in NY, and Parcel will become the (literal) vehicle for that service's expansion.

Business This common bank fee has soared 55% over the past decade
Author: 0 This common bank fee has soared 55% over the past decade

The survey looked at 10 banks and thrifts (savings and loans associations) in each of 25 large US markets: 1 interest account, 1 non-interest account and their associated ATM and debit-card fees were surveyed from 247 institutions offering checking accounts.

Business Warren Buffett acquiring Pilot Flying J truck stops from Haslam family
Author: 0 Warren Buffett acquiring Pilot Flying J truck stops from Haslam family

The ubiquitous truck stops, 750 of them in 44 states and Canada, make up the 15th largest private company in the US, according to Forbes , with 27,000 employees and revenue of more than $20 billion per year. Haslam said Berkshire's financial resources will help the company grow by building more locations or possibly acquiring competitors. The announcement comes four days after Breitbart News reported that Haslam-owned Pilot Flying J employees are headed to trial next month on federal ...

Business Vijay Mallya arrested in London; released on bail again
Author: 0 Vijay Mallya arrested in London; released on bail again

If Vijay Mallya is found guilty in the money laundering probe by UK's Serious Fraud Office, his extradition to India will likely be easier. According to reports, the Enforcement Directorate had filed a fresh affidavit with a London court submitting fresh evidence on the different loans that Mallya had taken from various banks in India, and how the funds were diverted.

Business Greater Anglia Reassures Norfolk & Suffolk Passengers During Strike
Author: 0 Greater Anglia Reassures Norfolk & Suffolk Passengers During Strike

The train provider has said it expects to be running a full service. Due to RMT strike action, services will only operate between 7am and 7pm, with final services on some routes finishing before 7pm. Arriva Rail North aims to run about 1,200 services - 46 per cent of its normal timetable - on both days between 7am and 7pm. Transport for London warned that every Underground line also could be affected if Aslef drivers walk out over working conditions from midnight tomorrow.

Business Oracle unveils enterprise-grade Blockchain Cloud Service
Author: 0 Oracle unveils enterprise-grade Blockchain Cloud Service

The enterprise-grade blockchain platform offers improved resiliency, scalability, and security, the release said. The use of blockchain can "fundamentally transform how business is done, making business-to-business interactions more secure, transparent, and efficient", Amit Zavery, Oracle cloud's senior vice president, said in a statement.

Business Ola to raise ₹13000 crore funding from SoftBank, Tencent and other investors
Author: 0 Ola to raise ₹13000 crore funding from SoftBank, Tencent and other investors

The Bengaluru headquartered start-up also received funding from a venture capital fund jointly run by Tata Sons chairman emeritus Ratan Tata and the University of California's investment arm and several U.S. Fixing vehicle shortages also builds Ola's business outside major metropolitan areas. "SoftBank will want the market to grow both in size and momentum, so Ola will need to rev up in other cities".

Business Indian Government To Buy 10000 Electric Cars From Tata Motors
Author: 0 Indian Government To Buy 10000 Electric Cars From Tata Motors

Our sister magazine Autocar Professional learns the electric vehicle will most likely be an electric Tigor sedan. As Autocar Professional revealed on September 30, the vehicle is the electric version of the Tata Tigor compact sedan. When asked why Nissan's bid was not opened, Kumar said: "It did not qualify for the technical bid or request for qualification (RFQ)". The contract valued at ₹ 1120 crore is said to be world's largest single electric vehicle procurement.

Business Amit Shah: Pinarayi Vijayan responsible for violence in Kerala
Author: 0 Amit Shah: Pinarayi Vijayan responsible for violence in Kerala

It is doing murder politics in its desperation and people, including from the CPM, are joining the BJP. The BJP president arrived at Mangalore airport early this morning and reached the temple by road from Bakel, an official in the party's state media department said.

Business Equifax Inc. (EFX) Says Hack Even Worse Than Originally Thought
Author: 0 Equifax Inc. (EFX) Says Hack Even Worse Than Originally Thought

Equifax is also facing still facing several state and federal inquiries and a myriad of class-action lawsuits, including congressional investigations, queries by the Federal Trade Commission and the Consumer Financial Protection Bureau, and probes by several state attorneys general.

Business Nissan to Recall 1.2 Million Cars in Japan
Author: 0 Nissan to Recall 1.2 Million Cars in Japan

According to Nissan , these cars "did not meet Japanese market requirements for final inspection" with "certain checks ... carried out by technicians not properly authorised to perform those duties under Nissan's own processes". Registration will resume following the re-inspection, which will start Tuesday, Oct. 3. The company will also now come under pressure from Japan's Ministry of Land, Infrastructure and Transport, which said on Friday that it would expect Nissan to report what ...

Business ISM: Manufacturing Activity Expanded at a 13-Year High in September
Author: 0 ISM: Manufacturing Activity Expanded at a 13-Year High in September

A reading above 50% indicates expansion and below 50% contraction. "The customers' inventories index remains at low levels", said Timothy R. Fiore, chair of the ISM manufacturing business survey committee. Optimism remained robust, despite falling to a four-month low. "Construction spending data in coming months are likely to be very volatile due to hurricanes derailing projects and as rebuilding gets underway", said Mark Vitner, senior economist at Wells Fargo Securities.

Business Tesla has only produced 260 Model 3s so far
Author: 0 Tesla has only produced 260 Model 3s so far

On Friday, Tesla and SpaceX CEO Elon Musk said that the company was halfway done building the battery bank that will become the world's biggest battery once it's complete. "We understand what needs to be fixed and we are confident of addressing the manufacturing bottleneck issues in the near-term", Tesla said. The primary reason, it would seem, is bottlenecking - and a "handful" of manufacturing systems at both their Nevada Gigafactory and California vehicle plant "have taken longer to ...

Business GM Outlines All-Electric Path to Zero Emissions - General Motors
Author: 0 GM Outlines All-Electric Path to Zero Emissions - General Motors

Electric vehicle adoption has been slow in the USA and around the world, but GM clearly wants to get ahead of the game here and be ready when EV demand spikes. They were designed for the next-generation EV architecture, which includes two different heights of cells for the battery pack . "GM is committed to a zero-emission future", said the company's advanced-technology spokesperson, Kevin Kelly.

Business Photos, Videos: Old Kosciuszko Bridge Blown Straight To Hell
Author: 0 Photos, Videos: Old Kosciuszko Bridge Blown Straight To Hell

On Sunday, the bridge and its traffic issues were wiped out after crews made cuts to the tressles and laid nearly 1,000 12-pound charges to take down each span. Prior to blowing up the thing, Cuomo eulogized its decades of service as an overworked, notoriously clogged bridge. Construction workers demolished the remains of the infamous Kosciuszko Bridge in New York City on Sunday to make room for city rebuilding projects.