Business

Business BBC China editor Carrie Gracie quits in gender pay row
Author: 0 BBC China editor Carrie Gracie quits in gender pay row

In an open letter to BBC licence fee payers, she makes a series of powerful claims against the corporation, including that it is not "not living up to its stated values of trust, honesty and accountability". "Tip of the iceberg in @BBC & most other orgs (organisations). Ending it long overdue", wrote prominent lawmaker Harriet Harman of the opposition Labour Party, a long-time advocate of women's equality, on Twitter.

Business Congress president meets business leaders, to hold interactive session
Author: 0 Congress president meets business leaders, to hold interactive session

The visits of Congress President overseas to places where Indian community has a sizeable presence will ensure that the party's viewpoint goes out to the NRIs. "FM Jaitley's genius combines with Modi's Gross Divisive Politics (GDP) to give India: New Investments: 13 year (low), Bank credit Growth: 63 year (low), Job creation: 8 year (low), Agriculture GVA growth: 1.7% (low) Fiscal Deficit: 8 year (high), Stalled Projects (high)", Rahul Gandhi tweeted.

Business Sensex ends 199 points higher; Nifty settles at 10623
Author: 0 Sensex ends 199 points higher; Nifty settles at 10623

In Europe, markets closed higher with FTSE100 notching record high as investors' monitored Eurozone inflation data and United States non-farm payrolls on Friday. On the NSE, the Nifty50 mid-cap index edged higher by 1.19 per cent to close at a record high of 5,702.70 points. A cut in FY18 GDP growth estimate by CSO did not impact the movement since it was overtly conservative.

Business Indian economy's growth estimated at 6.5% in 2017-18
Author: 0 Indian economy's growth estimated at 6.5% in 2017-18

Data released by the Central Statistics Office (CSO) showed that the agriculture sector is expected to grow at 2.1% in FY18, slower than 4.9% in the previous year, while manufacturing is likely to grow at 4.6%, compared with 7.9% a year ago.

Business Sydney swelters in second hottest day ever recorded
Author: 0 Sydney swelters in second hottest day ever recorded

Sydney was forecast to reach 38 degrees Celsius (100 degrees Fahrenheit) during the daytime on Wednesday, after hitting 37.8 degrees Celsius (100 degrees Fahrenheit) on Tuesday. The CFS battled more than 40 fires across the state on Saturday - 19 in rural areas. "I saw one small fire then it just took off". They've also informed residents that if they are considering leaving their homes, they should do so earlier rather than later.

Business Oil prices near levels last seen in 2014/2015 as market tightens
Author: 0 Oil prices near levels last seen in 2014/2015 as market tightens

Based on data from the ESDM Ministry received by Antara in Jakarta on Friday, the average ICP rose to US$60.90 per barrel in December 2017, up by $1.56 per barrel from $59.34 per barrel in the previous month. While Saudi Arabia and Iran cut their production in December by 20,000 bpd each, Libya's fell for reasons outside the control of the National Oil Corporation: a pipeline blast temporarily took off between 70,000 and 100,000 bpd off daily production.

Business Fishing tourney in Florida canceled as angler goes missing
Author: 0 Fishing tourney in Florida canceled as angler goes missing

The Fishing League Worldwide (FLW) said it was assisting in the search efforts. "I know you are going to find my husband and bring him home to me and our little girl♡ I am forever grateful!", said Kelly Kayler. The boat that the anglers were competing is a dark-colored Ranger Z521 with a red Evinrude G2 outboard. They planned to head to the South Bay area of the lake on end Thursday.

Business Two aircrafts collide at JFK airport in NYC, no casualties
Author: 0 Two aircrafts collide at JFK airport in NYC, no casualties

Stairs were brought to the aircraft and passengers exited the plane into the outdoors, Gerlach said . CBS New York reports that some passengers claimed they were stranded for up to 20 hours without answers. The right wing of a China Southern Airlines plane hit the tail of a Kuwait Airways plane, according to CNBC . Complaints of hours-long waits to get to a gate after landing, then hours more to get checked baggage.

Author: 0 Intel says performance impact of security updates not significant

It should be noted that the second exploit Spectre impacts almost all processors on all devices, including those from Intel, AMD, those with ARM architecture, which is most smartphones. "On affected systems, Meltdown enables an adversary to read memory of other processes or virtual machines in the cloud without any permissions or privileges, affecting millions of customers and virtually every user of a personal computer", they wrote in a paper.

Business Apple App Store saw record-breaking holiday season
Author: 0 Apple App Store saw record-breaking holiday season

Augmented Reality is a big hit on the App Store and there are nearly 2,000 ARKit-enabled apps covering every category. In December, Pokémon Go went to the top of the App Store charts after receiving an update which included part of the game being built around Apple's ARKit framework which provides a more detailed and realistic gameplay.

Author: 0 Confidence in Charles Schwab (NYSE:SCHW) Shares by JMP Securities Fall

The stock increased 0.10% or $0.085 during the last trading session, reaching $86.785. About 73,175 shares traded. National Fuel Gas Company (NYSE:NFG) has risen 5.11% since January 4, 2017 and is uptrending. Therefore 71% are positive. West Oak Capital LLC's holdings in Charles Schwab were worth $1,919,000 at the end of the most recent reporting period. The stock has "Outperform" rating by William Blair on Friday, June 16.

Author: 0 Coinbase Deflects Rumors of Ripple Integration

Ripple's seemingly unstoppable bull run took a hit Thursday after USA exchange Coinbase dispelled rumors it would add the asset. A few months ago we released our Digital Asset Framework which highlights our criteria for supporting new assets.

Author: 0 Two jets collide on ground at Toronto airport

Footage shot from inside the WestJet plane shows passengers screaming and crying as flames erupt on the plane's wing. WestJet said on Twitter : "Due to the position of the aircraft on the laneway, WestJet guests required evacuation via emergency slide".

Business FCC Chair to Skip CES After Death Treats
Author: 0 FCC Chair to Skip CES After Death Treats

FCC chairman Ajit Pai has pulled out of tech conference CES less than a week before he was due to appear . "White House Endorses FCC Chair Ajit Pai's Quest To Murder Net Neutrality", reads another. The controversial vote, which was supposed to remove the USA government net neutrality rules, was scrapped after a bomb threat. Death threats haven't been directed at just Pai.

Business Keto, Whole30 diets rank last on one best diets of 2018 list
Author: 0 Keto, Whole30 diets rank last on one best diets of 2018 list

Newcomers to this year's ranking are the Keto Diet - a low carb, high-fat regimen - and Nutritarian Diet - which focuses on nutrient-dense, plant-based foods - both of which received lackluster results. "What really works is adopting something that you can stick with that will keep you healthy for a long time", said Rachel Franklin, MD, the Medical Director at OU Physicians.

Business Lebanon Private Sector Downturn Continues In December
Author: 0 Lebanon Private Sector Downturn Continues In December

A reading above 50 indicates economic expansion. Output growth in services accelerated to a 24-month high in Germany, and rose in Italy, Spain and Ireland also. Samuel Tombs, chief United Kingdom economist at Pantheon Macroeconomics, said: "The construction sector ended 2017 on a weak note, and it likely will continue to struggle in 2018".

Business 'Unruly passenger' soils multiple bathrooms on United flight, forces plane to land
Author: 0 'Unruly passenger' soils multiple bathrooms on United flight, forces plane to land

The cleaning process, however, forced each of the flight's passengers to spend the night in Alaska. The flyer was reportedly cooperative with the flight crew and remained seated after his bathroom escapades were stopped. Airport Police say he was taken to a hospital for a psych evaluation. The trip got even worse for the rest of the flyers after their poop-covered plane was grounded overnight for maintenance workers to clean it.

Business Amazon will reportedly bid for Premier League soccer streaming rights next month
Author: 0 Amazon will reportedly bid for Premier League soccer streaming rights next month

Each of the 20 Premier League teams play 38 games in a season. Amazon is getting serious about streaming the world's best soccer matches . The soccer league also has a growing audience in the U.S. Whilst headline making rumours suggesting Amazon or Netflix may be interested in acquiring sports rights may be counter to Liberum's view that heat could come out of the broadcast rights business, Whittaker doesn't believe it would be viable for the streaming services to go all in on football in ...

Business Early morning Berkeley quake downgraded to Magnitude 4.4
Author: 0 Early morning Berkeley quake downgraded to Magnitude 4.4

An quake woke many Berkeleyans shortly after 2:39 a.m. Thursday. No injuries or accidents were reported. "We know from geologic excavations on this fault that big quakes happen every 150 years". A few people reported items had fallen off shelves. "I'm also a native and lived through a large one in the late 50's as a kid, and the Loma Prieta in '89, while I was in an elevator..." An estimated 9 million people have felt the rumblings of the quake that hit around 2.39 AM in the early morning.

Business People Are Stockpiling IRN-BRU As The Sugar Tax Looms
Author: 0 People Are Stockpiling IRN-BRU As The Sugar Tax Looms

The firm promises they've worked hard to maintain Irn Bru's unique flavour, but have cut the calories per can from 140 to around 65. The drinks giant has tried to allay fears over the change, claiming their tests show most people can't tell the difference.

Business Alberta's unemployment rate drops to 6.9% as more people find jobs: StatCan
Author: 0 Alberta's unemployment rate drops to 6.9% as more people find jobs: StatCan

Total nonfarm payroll employment rose by 148,000 in December. Over the year, the unemployment rate and the number of unemployed persons were down by 0.6 percentage point and 926,000, respectively. Within the industry, employment in general merchandise stores declined by 27,000 over the month. Wholesale trade, transportation and warehousing, information and financial activities saw little job change in December, the BLS said.

Business Shares Of Constellation Brands, Inc. (STZ) bought By MULLIN THOMAS J
Author: 0 Shares Of Constellation Brands, Inc. (STZ) bought By MULLIN THOMAS J

The company has a market cap of $42,330.00, a PE ratio of 28.87, a price-to-earnings-growth ratio of 1.46 and a beta of 0.08. Its share price has risen 4.51% in three months and is up 2.23% for the last five trades. On Friday, August 11 the stock rating was maintained by Boenning & Scattergood with "Buy". The firm has "Neutral" rating by UBS given on Thursday, October 6.

Business GIMPS crack whip on plucky processor to find largest prime number
Author: 0 GIMPS crack whip on plucky processor to find largest prime number

Besides the thrill of discovery, Mr Pace will receive a $3,000 GIMPS research discovery award. Mersenne primes were named for the French monk Marin Mersenne , who studied these numbers more than 350 years ago. The number is something of a marvel; it's the 50th Mersenne prime number ever discovered, which are found in the deceptively simple way of multiplying twos together a bunch, and then subtracting one from the final number.

Business Kumar wrecks South African top order
Author: 0 Kumar wrecks South African top order

Please Wait while comments are loading. "The next two or three years are going to be very exciting for South African cricket". So the clash of the Test heavyweights shall unfold later on when the two teams take to park at Newlands, Cape Town .

Business SBI hints at minimum balance reduction
Author: 0 SBI hints at minimum balance reduction

It should happen very soon. When asked if reduction of monthly average balance (MAB) is on the cards, Gupta said SBI has got some feedback on the same and the bank will take a view on the same in the review. Balance below Rs750 would attract fine of Rs50. In June 2017, the bank had changed minimum balance maintenance criteria citing loads of work on its staff and excess liquidity in banks in the aftermath of demonetisation on 8 November, 2016.

Business India's GDP growth to accelerate in next 2 fiscals
Author: 0 India's GDP growth to accelerate in next 2 fiscals

Here are five things to watch out for in the first advance estimates of GDP data for 2017-18. "Real GVA, i.e, GVA at basic constant prices (2011-12) is anticipated to increase from '111.85 lakh crore in 2016-17 to '118.71 lakh crore in 2017-18".

Business Eau Claire store is on latest Gander list
Author: 0 Eau Claire store is on latest Gander list

Fargo was not included in that list, however four Minnesota locations will open their doors by spring in Hermantown, Forest Lake, Baxter and Bemidji, Lemonis said in the video. When Gander Outdoors opens at 725 Town Center Drive, it will bring 55 jobs, according to a news release. They plan to have up to 10 Wisconsin locations.

Business Sears, Kmart to close 100 more stores, including 1 in NJ
Author: 0 Sears, Kmart to close 100 more stores, including 1 in NJ

Close-out sales will begin January 12. It acquired Kmart in 2003 and combined the two stores under Sears Holdings two years later. Also Thursday, Macy's identified 11 more stores it plans to close this year, including one in Burlington, Vt., as part of a plan it announced last year to close underperforming stores.

Business Iceland Legalizes Equal Pay Marking Big Step Toward Ending Gender Pay Gap
Author: 0 Iceland Legalizes Equal Pay Marking Big Step Toward Ending Gender Pay Gap

Those organizations that fail to prove pay parity will have to pay heavy fines. It makes sense that Iceland is the first nation to take this step to closing its pay gap. Despite improvements in some countries, women around the world are still struggling for equal pay, even as income levels increase. At present, almost half of Iceland's parliamentarians are female lawmakers.

Business Death threats reportedly behind FCC Chair Ajit Pai's abrupt CES cancelation
Author: 0 Death threats reportedly behind FCC Chair Ajit Pai's abrupt CES cancelation

In response to Deadline's inquiry about the reasons for Pai's cancellation, FCC spokesman Brian Hart confirmed Pai had pulled out, but said via email, "We don't have anything to share at this time". The FCC is likely gearing up for a tumultuous 2018. An FCC spokesperson would neither confirm nor deny the alleged cause, but the chairman has been subject to threats tied to the December 14 vote to roll back net neutrality rules and has had Homeland Security protection for public meetings, ...

Business Medicinal pot stocks high on export move
Author: 0 Medicinal pot stocks high on export move

The government legalized cultivation of marijuana for medical use to help enhance the welfare of patients suffering from exacerbating pain. When the Australian Parliament convenes in February, it will amend existing regulations to allow for cannabis exports overseas, the minister said .

Business 2017 Was Safest Year in Aviation History — ASN
Author: 0 2017 Was Safest Year in Aviation History — ASN

Although there were some fatalities involving small charter flights, including a tragedy that killed 10 American passengers in a mountainous region of Costa Rica, the overall situation in 2017 made it the safest year since 2009. Five of the fatal accidents involved cargo flights and five passenger flights. Notably absent from the 2018 list are the U.S. airlines Delta and United.

Business Sears to close more than 100 additional stores
Author: 0 Sears to close more than 100 additional stores

That's on top of the more than 1,000 stores closed in the past several years. Closeout sales at the affected locations will begin next week with all 103 locations shuttered by May. Sears' announcement came at the same time Macy's revealed the locations of another 11 stores slated to close this year, part of the anticipated 100 stores the retailer said it would close over time.

Business Retail giant Macy's announces 5000 job cuts and more store closures
Author: 0 Retail giant Macy's announces 5000 job cuts and more store closures

The company said it will close 11 stores early this year, which are part of about 100 stores closures the company had already announced. As of September 30, Lehigh Valley Mall had sales per square foot of $568, up from $562 a year earlier, according to a public filing from Pennsylvania Real Estate Investment Trust, which owns the 1.18-million-square-foot mall with Simon Property Group.

Business N-Out adds first new menu item in over a decade
Author: 0 N-Out adds first new menu item in over a decade

In a statement to 17 News, In-N-Out says hot cocoa is actually returning to its menu. "My grandparents, Harry and Esther Snyder, served it for many years beginning in the '50s". As of Monday, all of its outlets were selling eight-ounce servings of hot chocolate, with the price $1.60 in some locations, CBS in Los Angeles reports in the segment above.

Business SBI minimum balance controversy: Bank breaks silence
Author: 0 SBI minimum balance controversy: Bank breaks silence

The distressingly stark contrast in which the biggest public sector bank as well as the largest lender in the country treats its customers from economically weaker sections, when compared to its serial overlooking of the staggering pile of bad loan incurred by wilful defaults by big corporates, becomes once again quite clear with the emergence of a fresh report .

Business Short Interest in iShares MSCI Italy Index (EWI) Decreases By 64.8%
Author: 0 Short Interest in iShares MSCI Italy Index (EWI) Decreases By 64.8%

Investors may have to do all the necessary homework in order to find stocks that will thrive under any market conditions. Having a plan for multiple scenarios can help the investor ride out the storm when it comes. Alternately, if the indicator goes below -80, this may point to the stock being oversold. The 14-day RSI is now sitting at 59.53, the 7-day is at 68.87, and the 3-day is spotted at 88.61 for Core MSCI Emerging Mkts Ishares ( IEMG ).

Business Maruti Suzuki gains speed on decent sales in December
Author: 0 Maruti Suzuki gains speed on decent sales in December

Hyundai Motor , the second-largest carmaker in India , reported a 10% rise in December sales, aided by rising exports and sustained demand for the upgraded version of its Verna sedan, the company said in a statement. Mahindra's fellow home-grown manufacturer Tata Motors on the other hand reported a 52.48 per cent jump in total sales at 54,627 units in December.

Business Airtel revises prepaid plan to offer more data than Jio
Author: 0 Airtel revises prepaid plan to offer more data than Jio

We have already stepped into 2018, but the " Reliance Jio effect" on its fellow network providers remains! Additionally, users will get unlimited local, STD, and roaming voice calls along with 100 local and national SMSes. But Jio changed the game by offering the same benefits for Rs 299. Recently, Airtel introduced a plan for Rs 399. Users who choose to recharge via Airtel's Payments Bank will get up to Rs 75 as cashback.

Author: 0 BP Takes $1.5 Billion Charge Over Trump Tax Changes, Joining Shell

Future post-tax earnings would be "positively impacted", however, thanks to the lower corporate tax rate. In the full-year 2016, BP's adjusted earnings per share was $0.83, compared with $4.23 three years previously. Shell and Barclays have made similar announcements. The US Tax Cuts and Jobs Act was signed into law on December 22 despite fierce opposition by Mr Trump's opponents and some in his own party.

Business 2017 was safest year ever for commercial air travel, with zero deaths
Author: 0 2017 was safest year ever for commercial air travel, with zero deaths

There were10 fatal airline accidents in 2017, however, resulting in the deaths of 44 passengers on board and 35 people on the ground. This remains the lowest numbers in modern aviation history. Nevertheless, the safety level that civil aviation has achieved is remarkable. ASN President Harro Ranter explained that since 1997, "the average number of airliner accidents has shown a steady and persistent decline, for a great deal thanks to the continuing safety-driven efforts by worldwide ...

Business YouTube Star Logan Paul Apologizes For Posting Video Of Dead Body
Author: 0 YouTube Star Logan Paul Apologizes For Posting Video Of Dead Body

The YouTuber - who stars in MGM's Valley Girl film which is due out this year and is part of YouTube's paid-for Red subscription service - said in the video that he originally meant to focus on the haunted aspect of the forrest. "I can be wrong." he said. The video continues with Paul and his crew arriving to go camping at the forest, officially known as Aokigahara. While there have been a few documentaries on the subject, Paul's video included footage of a dead body.

Business DeRozan smashes Raptors scoring record in OT win over Bucks
Author: 0 DeRozan smashes Raptors scoring record in OT win over Bucks

In a rematch of last spring's first-round playoff series, the Bucks hunted the Raptors down in the final five minutes or regulation time, taking a four-point lead with just over two minutes remaining. Kyle Lowry had 26 points and Serge Ibaka added 11 for the Raptors, who also won 12 straight at Air Canada Centre between January 18 and March 6, 2016.