Economy

Hong Kong´s Li Ka-shing to retire from Hutchison

Hong Kong´s Li Ka-shing to retire from Hutchison

Today, the assets still held by Li through his flagship CK Hutchison Holdings Ltd, include the biggest container port operator in the world, Canadian oil giant Husky, one of Europe's leading telecoms ...

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Nike President Trevor Edwards Resigns As Company Looks Into Workplace Behavior Issues

Nike President Trevor Edwards Resigns As Company Looks Into Workplace Behavior Issues

With Edwards' departure, Parker said he now plans to remain in his current role through 2020, according to the report. Parker did not detail the complaints or say whether they involved Edwards or ...

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Walmart Inc., (NYSE: WMT)

Walmart Inc., (NYSE: WMT)

The hedge fund held 485,361 shares of the consumer services company at the end of 2017Q3, valued at $37.93M, up from 480,236 at the end of the previous reported quarter. Quantres Asset Management Ltd,...

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Motorola expected to launch Moto G6 and E5 series in Asia soon

Motorola expected to launch Moto G6 and E5 series in Asia soon

While the top features the front camera and sensors, the chin features the physical home screen button embedded with a fingerprint scanner. Hello Moto! Motorola's much-talked-about and upcoming ...

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India's GST one of the most complex, says World Bank

India's GST one of the most complex, says World Bank

After the shock of demonetisation in late 2016 and the implementation problems involving the Goods and Services Tax (GST) a year ago, the Indian economy has started to recover assisted by recent refor...

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Toys 'R' Us likely to sell or close all U.S. stores

Toys 'R' Us likely to sell or close all U.S. stores

The Babies "R" Us at the Holyoke Mall and the Toys "R" Us in Springfield are among the stores that will close. Consumers have 30 days to use their Toys "R" Us gift cards . Customers with gift car...

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Ford recalls over 1.3 million cars, says steering wheels can come off

Ford recalls over 1.3 million cars, says steering wheels can come off

Ford isn't the only manufacturer to issue a recall for steering wheels coming off. On Wednesday, Ford said it acted after two accidents, one of which resulted in an injury, that were linked to the...

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Eagle Global Advisors LLC Trims Position in EnLink Midstream LLC (NYSE:ENLC)

Therefore 29% are positive. This key information was revealed in an analyst report on 14 March. RBC Capital Markets has "Outperform" rating and $82 target. Financial Bank Of Montreal Can reported 0.14...

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Hammond shows off surplus but rebuffs Brexit question

Hammond shows off surplus but rebuffs Brexit question

He said the consequences of the economic crash in 2008 meant the economy was £300 billion smaller than had been forecast before the crisis - and the effects are lingering. And the government is consul...

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British bank HSBC to disclose 59 percent gender pay gap

British bank HSBC to disclose 59 percent gender pay gap

The 29% figure is more than double the 14.2% reported by Barclays for its United Kingdom retail banking operations for 2017, but lower than Lloyds Banking Group (42.7%) and Royal Bank of Scotland ...

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Leaked documents reveal Amazon Prime Video viewership

Leaked documents reveal Amazon Prime Video viewership

In the U.S., Amazon has about 26 million people who watch its Prime Video content. The documents walk through metrics for 19 of its Prime Originals shows, which are exclusive to Amazon . deem...

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IHeartMedia files for bankruptcy with last-minute creditor deal

IHeartMedia files for bankruptcy with last-minute creditor deal

The San Antonio-based media and advertising company, and largest radio station owner in the country, has always been on the cusp of. All that said , if the company can successfully navigate the cha...

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Mega Millions winning numbers for 03/13/2018; jackpot $318 million

Mega Millions winning numbers for 03/13/2018; jackpot $318 million

Drawings for Pick 3, Pick 4 and Pick 5 are twice daily, at 12:29 p.m. and 7:29 p.m. That drawing will be held Friday night. The drawing is at 7:29 p.m. Powerball draws on Wednesdays and Saturdays at ...

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Madonna to direct film about Dutch National Ballet star Michaela De Prince

Madonna to direct film about Dutch National Ballet star Michaela De Prince

We have a unique opportunity to put spotlight on Sierra Leone and make Michaela voice of all orphan children who grew up next to her, "said Madonna in a statement released last Tuesday. She will co-...

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Top bottled water brands have plastic particles

Top bottled water brands have plastic particles

Dr Andrew Mayes, who led the research team at the UEA's School of Chemistry, said: "We are becoming increasingly aware of microplastics in the environment and their potentially harmful effects, bu...

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How Insiders and Institutions are Trading Cisco Systems, Inc. (CSCO)

In recent trading day Cisco Systems, Inc . It has underperformed by 3.50% the S&P500. St Germain D J Company Inc accumulated 16,701 shares. Asset Dedication LLC's holdings in Cisco Systems were wor...

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Theranos boss Holmes is charged with $700m fraud

Theranos boss Holmes is charged with $700m fraud

In Holmes's case, that includes paying a $500,000 penalty, not serving as an officer or director of a public company for 10 years, relinquishing her equity in Theranos , and liquidating the shares th...

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Toys R Us is said to miss vendor payments as woes mount

Toys R Us is said to miss vendor payments as woes mount

Bankruptcy Court. Its scale gave it leverage with toy sellers and it disrupted general merchandise stores and mom-and-pop shops. The rumors of liquidation are still unconfirmed but anonymous sources...

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WhatsApp sharing user data with Facebook would be illegal, rules ICO

WhatsApp sharing user data with Facebook would be illegal, rules ICO

To Mark Zuckerberg's relief, both the France and United Kingdom rulings on WhatsApp and Facebook are still just country level. WhatsApp's public commitment to keep private its users' information...

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Wholesale inflation hits seven-month low of 2.48% in Feb

Wholesale inflation hits seven-month low of 2.48% in Feb

The official WPI for all commodities (Base: 2011-12 = 100) for the month of February 2018 remained unchanged at its previous month's level of 115.8, the data showed. On the basis of Wholesale Price In...

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EU's Tusk urges Trump to revive EU-US trade talks

EU's Tusk urges Trump to revive EU-US trade talks

Tusk was referring to planned Transatlantic Trade and Investment Partnership (TTIP) talks which were frozen after Trump's election victory in 2016. "Let me be clear: instead of risking a trade war...

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Crude Oil Inches Up As Gasoline Stockpiles Tumble

Crude Oil Inches Up As Gasoline Stockpiles Tumble

USA energy companies last week cut oil rigs for the first time in nearly two months, with drillers reducing four rigs, to 796. USA crude inventories likely rose for the third straight week, while ga...

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India grounds Pratt-powered A320neos

India grounds Pratt-powered A320neos

The DGCA's decision comes in the wake of a few cases of mid-air engine failure of IndiGo planes since February. "Remaining 31 A320neos with IndiGo and GoAir are fully operational and there is no...

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Broadcom drops Qualcomm takeover attempt following Trump order

Broadcom drops Qualcomm takeover attempt following Trump order

Broadcom will withdraw its Qualcomm bid after US President Donald Trump blocked the transaction via executive order earlier this week. "Although we are disappointed with this outcome, Broadcom w...

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Former Equifax exec Jun Ying indicted for insider trading following data breach

Former Equifax exec Jun Ying indicted for insider trading following data breach

Jun Ying, who had been next in line to become the firm's global chief information officer, sold his Equifax stake before the firm publicly disclosed the attack that raised the specter of identity th...

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