Sunday, 20 January 2019
Latest news
Home » Finance


Brexit secretary David Davis kicks off European Union exit talks in Brussels

Sir John Major should lead cross-party talks on Brexit if negotiations collapsed, the government's infrastructure tsar has suggested. With May still hammering out the details of a post-election deal to stay in power with the support of a small Northern Irish party, there are fears of a disorderly exit that would weaken the West, imperil Britain's $2.5 trillion economy and undermine London's position as the only financial center to rival NY. Read More »

Boeing launches 737 MAX 10 with 240 orders, commitments

The deals are said to be for Boeing's 737 Max 10 aircraft. Not to be outdone, Airbus is close to clinching a roughly $5 billion deal with low-priced carrier Viva Air Peru for about 30 planes, two industry sources said on Sunday. The 737 Max 10, which will be Boeing's first new model since the unveiling of the 777X series at the Dubai Air Show in 2013, will be 1.68 metres longer than the Max 9, now the biggest member of the re-engined 737 family, which was launched alongside the Max 7 ... Read More »

Halcon Resources Corporation (HK) Receives News Sentiment Rating of 0.18

Johnson Rice "Upgrades" Halcon Resources (NYSE:HK) in a research note issued to investors on 3/01/17 to Accumulate with price target of $0. The company now has a consensus rating of "Hold" and a consensus target price of $11.04. Following the completion of the transaction, the director now directly owns 23,757 shares of the company's stock, valued at approximately $126,862.38. Read More »

Businessman-in-chief owes lenders $436m: Disclosure

Revenues also increased at Mar-a-Lago, the Florida resort known as the "Winter White House". President Donald Trump disclosed making more than $528.9 million - a number that appears to mix total revenue with income - over 15½ months, including his first three months as president. Read More »

Boeing launches new jet as Macron opens Paris show

The U.S. planemaker said it had more than 240 orders and commitments from at least 10 customers for the new 737, which can carry up to 230 people in a single-class configuration. Raising its previous forecasts for the next two decades, the European aircraft maker also said a slowdown in orders over the past several months did not signal a drop in the market. Read More »

Blue Apron Files for IPO


June 19 Blue Apron Holdings Inc said on Monday it expected its initial public offering to be priced at $15 to $17 per share, giving the biggest US meal kit delivery company a valuation as high as $3.18 billion. But it did say that business combinations and consolidation could "further increase the competition we face and result in competitors with significantly greater resources and customer bases than us". Read More »

The Reckitt Benckiser Group Plc's (RB) Outperform Rating Reaffirmed at Macquarie

It has outperformed by 1.07% the S&P500. Biffa PLC (LON:BIFF)'s stock had its "buy" rating reiterated by research analysts at Numis Securities Ltd in a research report issued to clients and investors on Thursday. Investec maintained the stock with "Buy" rating in Thursday, January 21 report. Since May 12, 2017, it had 0 insider purchases, and 1 insider sale for $15,241 activity. Read More »

EU Commissioner: EU to Be 'Amicable, Firm' with United Kingdom in Brexit Talks

Davis struck a conciliatory tone in a statement released overnight, emphasising Britain and the EU's "shared European values". The talks begin amid uncertainty on the United Kingdom government's intentions after British voters appeared to reject its so-called hard Brexit manifesto in a snap election on 8 June, when the ruling Conservative Party lost its majority in parliament . Read More »

Uber CEO takes leave of absence amid shakeup


The report recommends a massive overhaul for the company accused of promoting a toxic "bro culture" under Kalanick's leadership. Validating all the rumors that have been swirling around his impending departure, Uber CEO Travis Kalanick has announced a temporary leave of absence from the cab aggregator. Read More »

Time Warner signs deal to develop shows for Snapchat


The firm's 50 day moving average price is $98.79 and its 200-day moving average price is $97.29. The correct version of this report can be viewed at Read More »

Iraqi troops move into Mosul's Old City, last Islamic State stronghold

But the Old City is a densely-populated maze of narrow alleyways and the fighting is slow, bloody and house-to-house. According to VOA's Heather Murdock in Mosul , soldiers say they have broken through the first defense lines that surround the area, where as many as 150,000 civilians are believed to be trapped, starving and serving as human shields to IS. Read More »

Could Cheniere Energy Partners LP (CQP) Recover After Forming a Multiple Top?

The fund owned 11,800 shares of the energy company's stock after buying an additional 2,250 shares during the period. Guggenheim began coverage on Cheniere Energy Partners in a report on Tuesday, April 18th. The business had revenue of $1.21 billion during the quarter, compared to analysts' expectations of $663.20 million. The business's quarterly revenue was up 1655.1% on a year-over-year basis. Read More »

TNB Financial Invests $10.58 Million in, Inc

Parsons Management Inc Ri invested in 254 shares or 0.03% of the stock. Westfield Capital Management Company Lp sold 19,618 shares as Amazon Com Inc ( AMZN)'s stock rose 13.58%. Bristol (NYSE:BMY) was raised too. Several research firms recently issued reports on AMZN. They expect $1.57 earnings per share, up 10.56% or $0.15 from last year's $1.42 per share. Read More »

Airbus A380 Upgrade Waits in the Wings at Paris Airshow

The A380plus is fitted with new winglets measuring approximately 4,7 metres in height, an uplet of 3.5 metres, and a downlet of 1,2metres -and created to improve aerodynamics and reduce drag. Peruvian low-priced airline startup Viva Air Peru is close to reaching a roughly $5 billion deal with Airbus to order about 30 recently upgraded A320neo jets and 15 current-generation models known as A320ceo, two industry sources said. Read More »

Paris Air Show takes off

Besides the 737 MAX 10, Boeing plans to showcase the 737 MAX 9, which had its first flight in April, along with 787-10 Dreamliner. In an Associated Press interview at the opening of the Paris Air Show , where the F-35 made its acrobatic debut, Brigadier General Select Todd Canterbury said the jet's displays are to "showcase the capability to all of our European partners and North Atlantic Treaty Organisation allies" and "to reassure them that we are committed to North Atlantic Treaty ... Read More »

Man killed as van hits London mosque crowd


Finsbury Park, in the London Borough of Islington, is a bustling, diverse area of north London with a strong Muslim community. Eight other people were taken to hospital, two of whom were seriously injured, he said. "This was an attack on London and all Londoners and we should all stand together against extremists, whatever their cause". "Less than 48 hours later, the same area experienced a terrorist attack aimed at killing Muslims returning home after their Ramadan prayers". Read More »

SpiceJet, Boeing sign MoU for 40 737 MAX planes

NEW DELHI/PARIS Indian low-priced carrier SpiceJet (SPJT.BO) signed a provisional deal on Monday to buy 40 of Boeing's newly launched 737 MAX 10 jets, becoming an inaugural customer of an aircraft created to blunt strong sales of rival planemaker Airbus' (AIR.PA) A321neo. Read More »

CALC to buy 50 new Boeing 737 MAX aircraft for $5.8bn

However, Airbus immediately hit back with an order for 100 of its popular A320neo planes from leasing firm GECAS , and suggested much of the interest in the MAX 10 was from existing Boeing customers switching orders from other models. It is expected to cost a bit more than the 737 Max-9, which runs at $119 million according to list prices. "We are honored that BOC Aviation has again placed its confidence in Boeing and the 737 MAX family". Read More »

DraftKings and FanDuel merger challenged by FTC, California and DC


The agency contends that the combined entity would control more than 90% of the daily fantasy sports contests market. "This merger would deprive customers of the substantial benefits of direct competition between DraftKings and FanDuel ", said Tad Lipsky, the acting leader of the FTC's Bureau of Competition, in a statement Monday. Read More »

Britain says will be "positive and constructive" in Brexit talks

In Brussels , Davis and the EU's chief negotiator, Michel Barnier , meet with the United Kingdom keen to win back sovereignty without hurting its economy, while the EU's aim is to maintain regional stability and stop inadvertently rewarding Britain's decision to leave for fear of encouraging others to break away. Read More »

Finsbury Park attack: Man dies as van hits worshippers

Police shot and killed the three Islamic extremists who carried out the attack. A man has since been arrested by police in connection with the incident. Harun Khan, the MCB's secretary general, said: "It appears from eyewitness accounts that the perpetrator was motivated by Islamophobia". They had urged members of the local congregation to maintain vigilance during Ramadan, when many observing the holy month wear clothes that identify them as Muslims. Read More »

Macron wins parliamentary majority

France's youngest leader since Napoleon , Macron emerged from relative obscurity to score a thumping win in the presidential election in May. Government spokesman Christophe Castaner said Monday on RTL radio that Prime Minister Edouard Philippe would resign "in the coming hours" and a new government would be named in the coming days. Read More »

British PM vows to fight terror 'whoever is responsible'

All of the casualties were Muslims, he added. Police say one person died when a van hit crowd of worshippers in north London and the Counter Terrorism Command is investigating the crash. "(My reaction was) deep shock and deep concern about the ramifications of this terrorist atrocity. Other witnesses told Sky television that the van had hit at least 10 people. Read More »

Close friends arrive for launch of Arth restaurant designed by Gauri Khan


The father and daughter duo were seen happily posing for the cameras. Aryan Khan, who is not very active on the social media platforms, was captured in a frame with his mom Gauri Khan . "The ambience beautifully complements the food", added Gauri, who was present at a pre-opening dinner at the restaurant with Bollywood's who's who on Sunday night. Read More »