Business


PepsiCo CEO Indra Nooyi steps down PepsiCo CEO Indra Nooyi steps down
- August 06, 2018

She is among the world's most prominent female business leaders and has consistently appeared on Forbes' list of the 100 most powerful women, ranking 11th in 2017 . Nooyi steered PepsiCo a dozen years through the changing landscape. Prior to that, Laguarta served in leadership positions in the European and sub-Saharan Africa divisions. (more...)
State media says China's response to latest U.S. tariffs restrained, rational
- August 06, 2018

In either event, it means jobs and great wealth", the president tweeted Sunday. The People's Bank of China earlier in the day was forced to step in to prop up the yuan, imposing restrictions that make it more expensive to short-sell, after a record string of weekly losses. (more...)
Trade tensions weigh on oil prices Trade tensions weigh on oil prices
- August 06, 2018

Under the 2015 pact, signed by the US, UK, Britain, China , Russia and the European Union, Tehran agreed to scale back its uranium enrichment programme. against any attempt to stop Tehran's oil trade, threatening to block the strategically important Strait of Hormuz. "It shows they have not thought about its consequences", Rouhani was quoted as saying by state news agency IRNA while on an official visit to Austria's capital, Vienna, in July. (more...)
RBS says profit down after USA settlement, picture… RBS says profit down after USA settlement, picture…
- August 06, 2018

Gordon believes that as well as a hefty regular payout, the state-owned lender could commit to a special dividend and share buybacks. First-half operating profit fell 6.4% to £1.83bn and included a halving of second-quarter operating profit to £613m on-year. (more...)
Canada's trade gap narrows to 17-month low despite protectionist risks Canada's trade gap narrows to 17-month low despite protectionist risks
- August 06, 2018

The June deficit of C$626 million ($482 million) - the lowest since the C$485 shortfall recorded in January 2017 - was far smaller than the C$2.30 billion predicted by analysts in a Reuters poll. "As a result, trade is likely to subtract from GDP growth in the coming quarters, reversing the significant positive contribution recorded in Q2". Crude oil exports were mainly responsible for the gain, up 6.6 per cent to $7.2 billion on the strength of prices, but refined petroleum products also ... (more...)
WhatsApp launches Business APIs, to charge customers WhatsApp launches Business APIs, to charge customers
- August 05, 2018

The main aim of the app is to reach all the potential customers at scale. WhatsApp Status , which has 450 million users globally, will use Facebook's native advertising system. "WhatsApp is a powerful channel for businesses seeking to deliver an enhanced customer experience for their customers", said IDC group vice-president of worldwide telecommunications research, Courtney Monroe. (more...)
Oil prices decline amid rising U.S. inventories Oil prices decline amid rising U.S. inventories
- August 05, 2018

The unexpected build in the USA crude stockpiles, as published by the Energy Information Administration (EIA) on Wednesday, keeps the sentiment around the barrel of WTI undermined. US President Donald Trump's decision to pull out of an worldwide nuclear deal and reimpose sanctions on Iran has angered Tehran. On Friday, the U.S. (more...)
Italy service sector growth slows slightly in July - PMI Italy service sector growth slows slightly in July - PMI
- August 05, 2018

This hinted at the fastest rise in overall construction output since May 2017. Survey respondents commented on improving demand conditions, higher volumes of new project starts and, in some cases, a degree of catch-up from the bad weather earlier in 2018. (more...)
Profits up at IAG but French air traffic control strikes take toll Profits up at IAG but French air traffic control strikes take toll
- August 05, 2018

The disruptions were largely responsible for a 1.3% decline in passenger unit revenue to £6.43 in the first half. The company closed its Net Airways Pension Scheme to future accrual in March and will now increase pension payments each year based on consumer price inflation of up to 5%. (more...)
Ryanair nominates mediator to break deadlock with striking Irish pilots Ryanair nominates mediator to break deadlock with striking Irish pilots
- August 05, 2018

Ryanair's call for talks with its Ireland-based pilots' union Forsa over labour disputes has been rejected, said the airline on Thursday. Pilots from Belgium and Sweden have already planned a strike for the 10 August and there is a possibility that pilots from Germany and The Netherlands could also strike on the same day. (more...)
July U.S. Unemployment Rate Falls To 3.9 Percent July U.S. Unemployment Rate Falls To 3.9 Percent
- August 05, 2018

The U.S. unemployment rate dropped slightly in July, while job gains were lower than many analysts predicted. The unemployment rate ticked down to 3.9% from 4% as unemployment fell by 284,000 and the labor force rose 105,000 -way below the Fed's 4.5% estimate of the natural rate of unemployment. (more...)
China's Huawei eyes smartphone summit after passing Apple China's Huawei eyes smartphone summit after passing Apple
- August 05, 2018

China's Huawei raised its forecast for full-year smartphone shipments to more than 200 million and said it could become the world's top vendor of the devices in the final quarter of next year. Cheng Jiangfei, Managing Director of Huawei Singapore Consumer Business Group, said: "We have come a long way as a consumer brand and we are deeply humbled to be recognised as the world's second largest smartphone vendor that reinforces our foundations as a premium global brand". (more...)
Trade war costs China its stock market ranking Trade war costs China its stock market ranking
- August 05, 2018

This is unedited, unformatted feed from the Press Trust of India wire. The yuan was quoted at 6.8694 per USA dollar compared to the previous close of 6.8381. And Linus Yip, Hong Kong-based strategist with First Shanghai Securities, said Chinese markets could bounce back. "But there's still a chance that China's stock market will recover, with total capitalisation ascending to the world's number two place again". (more...)
Foodora to cease Australian operations Foodora to cease Australian operations
- August 05, 2018

Country manager at Foodora Australia Jeroen Willems said, "we wish to express our gratitude to all of our customers, contractors and employees for their dedication to Foodora Australia, and for allowing us to be a part of their every day". (more...)
Steve Jobs' 'secret' daughter writes memoir about their troubled relationship Steve Jobs' 'secret' daughter writes memoir about their troubled relationship
- August 05, 2018

While the full excerpt is well worth your time to read over at Vanity Fair , one chunk of text further reminds us of the kind of person the Apple co-founder was at the time, far from the person the world saw towards the end of his life. According to Chrisann , Jobs "started to seed people with the notion that I slept around and he was infertile, which meant that this could not be his child". (more...)
Tesla (NASDAQ: TSLA) - What Do Analysts' Recommend? Tesla (NASDAQ: TSLA) - What Do Analysts' Recommend?
- August 05, 2018

Lenox Wealth Incorporated reported 0.03% in Tesla, Inc . (NASDAQ: TSLA ), we have noted that the number is now -1.27. Dekabank Deutsche Girozentrale stated it has 0.03% in Tesla, Inc . Therefore 30% are positive. A company that manages their assets well will have a high return, while if manages their assets poorly will have a low performance. (more...)
Canadian Low-Cost Carrier Swoop Adds Flights to Five US Cities Canadian Low-Cost Carrier Swoop Adds Flights to Five US Cities
- August 05, 2018

The new flights are available for booking for travel from October 11, 2018 to April 27, 2019 and an online seat sale is ongoing. Just in time for winter visitors, Swoop will fly between Phoenix-Mesa Gateway Airport and the capital of Alberta twice a week starting October 27. (more...)
In the United States spoke about the new devastating sanctions against Russian Federation In the United States spoke about the new devastating sanctions against Russian Federation
- August 04, 2018

The Countering America's Adversaries Through Sanctions Act ( CAATSA ) waiver is intended at preventing USA sanctions on countries like India. A bipartisan group of a half-dozen senators introduced legislation Thursday that seeks to impose "crushing" sanctions on Russian Federation. (more...)
House of Fraser on brink of collapse as investor pulls out House of Fraser on brink of collapse as investor pulls out
- August 04, 2018

The investment was conditional upon House of Fraser closing around 31 of its 59 stores through a company voluntary arrangement (CVA), approved last month . Nick Bubb, an independent retail analyst, said: "It's not obvious why businessmen like Mike Ashley will prop it up when they can get it for practically nothing if and when the business goes into administration". (more...)
This Couple Just Won R905 Million This Couple Just Won R905 Million
- August 04, 2018

Mr Higgins took his ticket to his local Scotmid where Sean Grant ripped it up and threw it in the bin after thinking it wasn't a victor. "But this time, the terminal produced a chitty which said I needed to retain my ticket and call Camelot", he explained. (more...)
Conor is back: UFC says McGregor will fight Oct. 6 in Vegas Conor is back: UFC says McGregor will fight Oct. 6 in Vegas
- August 04, 2018

The well-known McGregor rival is lined up to face lightweight Dustin Poirer in a fight that will likely determine the next challenger for the victor of McGregor's bout. "I've never turned down a fight in my life", Diaz said. But things appear to be a little more clear after Diaz was found outside the press conference. (more...)
Voluntary Recall of Vanilla Almond Milk, May Contain Actual Dairy Voluntary Recall of Vanilla Almond Milk, May Contain Actual Dairy
- August 04, 2018

There has been one reported allergic reaction to the product. They didn't require any medical treatment. The FDA release said the product is safe to consume unless you have a milk allergy or sensitivity . The Universal Product Code barcode on the side panel, next to nutrition facts, will read 41570 05621. Buyers can receive a refund or make an exchange by returning recalled cartons to the retail location where they made the purchase. (more...)
395 people sickened in McDonald's salad outbreak 395 people sickened in McDonald's salad outbreak
- August 04, 2018

It can take people up to a week after ingesting the contaminated food to start feeling symptoms, and many cyclospora infections take weeks to manifest. Fresh Express, which is based in Salinas, Calif., tracked the tainted lettuce from the same facility and lot number to Caito Foods, which is now involved in another recall that affected salads and wraps sold at Trader Joe's, Walgreens and Kroger, The LA Times reported . (more...)
United States bid to cut off Iranian oil to China fails United States bid to cut off Iranian oil to China fails
- August 04, 2018

China, for its part, has agreed to not ramp up purchases of Iranian crude to "ease concerns that China is working undermine USA efforts", according to the Bloomberg report . US President Donald Trump announced in May Washington's withdrawal from a landmark multinational nuclear deal with Iran. At the same time, however, Washington has softened its tone, saying that waivers may in fact be granted for some oil-dependent allies that are unable to quickly find a replacement for Iranian crude. (more...)
White House ups ante, looks at 25% tax on Chinese goods White House ups ante, looks at 25% tax on Chinese goods
- August 04, 2018

In response, the Chinese government on Wednesday said that "the blackmail and pressure Washington tries to exert with threats of export tariffs will not work". The goods in the amount of $200 bln represent nearly the half of US imports from China and about 10% of total USA imports per year. Sources close to the internal United States deliberations told both Bloomberg and the Washington Post that the Trump administration is considering what would be a significant escalation of the ... (more...)
Fiat Chrysler files trade complaint in US against Mahindra's off-road vehicle Fiat Chrysler files trade complaint in US against Mahindra's off-road vehicle
- August 04, 2018

FCA Group basically says the Roxor is a knock-off of the iconic Jeep design-wise and the compliant had pictures illustrating Roxor and Jeep's similarities. Mahindra is actually one of the many companies around the world, which licensed out the right to build their version of the Willys Jeep after the Second World War and still continues to sell it the form of the Thar in India. (more...)
Pharmacies expected to run out of EpiPens in coming weeks: Health Canada Pharmacies expected to run out of EpiPens in coming weeks: Health Canada
- August 04, 2018

An EpiPen shortage in Canada is expected to be even more severe in August, with no new supplies expected until the end of the month, the drug's maker and Health Canada warned. Bodnar says EpiPens are still subject to patent rules, which means Pfizer Canada is the only supplier of the product at this time and there are no similar alternatives available. (more...)
Apple hits $1,000,000,000,000 Apple hits $1,000,000,000,000
- August 03, 2018

Apple on Thursday became the first private-sector company in history to be worth $1 trillion, after its share price reached an all-time high above $207. Stock buybacks reduce the number of shares a company has on the open market, driving up the price of the remaining shares. "The $1 trillion mark is more psychological, and sends a message of growth and size into the market", said Howard Silverblatt, senior index analyst at S&P Dow Jones Indices. (more...)
Molson Coors Canada Announces Non-Alc Cannabis Bev Venture Molson Coors Canada Announces Non-Alc Cannabis Bev Venture
- August 03, 2018

The brewer behind popular brands such as Coors Light and Molson Canadian will have a majority stake (57.5 percent) in the standalone joint venture with medical marijuana grower The Hydropothecary Corporation , which plans to start marketing recreational-use cannabis under the brand name HEXO in the fall. (more...)
Apple hits the $1T milestone
- August 03, 2018

In recent years, Apple has been working to spread its cult-like following to newer devices like smart watches, cordless headphones and smart home speakers. But in the context of history, by which I mean, when adjusting for inflation, Apple barely rates alongside some of the corporate giants of the past. (more...)

« previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 977 978 979 980 981 982 983 984 985 986 987 988 989 990 991 992 993 994 995 996 997 998 999 1000 1001 1002 1003 1004 1005 1006 1007 1008 1009 1010 1011 1012 1013 1014 1015 1016 1017 1018 1019 1020 1021 1022 1023 1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 1049 1050 1051 1052 1053 1054 next »