Economy

Australia files WTO complaint against Canada over rules around wine sales

Australia files WTO complaint against Canada over rules around wine sales

Speaking to ABC Radio earlier today Ciobo said that this was not related to the Canadian Prime Minister's snub of Trans-Pacific Partnership negotiations at the APEC Summit in Vietnam a year ago. "Wine...

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Carillion liquidation casts doubt on £350m under-construction Birmingham hospital

The company, which employs some 20,000 people in Britain, has been struggling to reorganize amid debts of $1.24 billion and a pension deficit nearly as large. The FTSE 100 slipped back from its record...

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Informa in talks to take over UBM to create industry giant

Informa in talks to take over UBM to create industry giant

In a stock exchange announcement after market close on Tuesday, UBM said that in light of its recent its share price movement, it was disclosing that the duo are in discussions "regarding a potentia...

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Melrose steps up hostile bid for GKN with £8.5bn offer

Melrose steps up hostile bid for GKN with £8.5bn offer

Melrose has claimed that GKN is an "under-managed organisation without focus" with sub-par shareholder returns, but offers "huge scope for improvement". As of now, shares in the company are down margi...

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States Sue to Stop Net Neutrality Rollback

States Sue to Stop Net Neutrality Rollback

Since it's enactment in 2015, congressional leaders have openly criticized the net neutrality guidelines, saying the rules "stifle investment". The repeal might lead to providers offering consumers ...

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Shell announces oil and gas field redevelopment

Shell announces oil and gas field redevelopment

The Penguins field lies within 541 feet of water, approximately 150 miles north east of the Shetland Islands. Eight new wells are to be drilled and tied back to the FPSO. The UK government has taken m...

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IBM, Maersk form joint venture for blockchain supply chain platform

IBM, Maersk form joint venture for blockchain supply chain platform

The yet unnamed company will use a platform developed by the two companies as part of trial announced in March a year ago that involved digitizing Maersk's shipping manifests and operations. IBM ...

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Akamai Technologies, Inc. (AKAM)

Institutions are now holders of 91.80% of the shares. The stock increased 0.21% or $0.15 during the last trading session, reaching $72.88. About 25,241 shares traded. (NASDAQ:AKAM)'s stock has been ...

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European Union adopts plastics strategy

European Union adopts plastics strategy

Every year, Europeans generate 25 million tonnes of plastic waste, but less than 30 per cent is collected for recycling. "This will save around a hundred euros per tonne collected", the document rea...

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Air passenger gets collar felt after wearing his excess baggage

Air passenger gets collar felt after wearing his excess baggage

I waited in the queue politely with other passengers and once I made it to the desk I was still refused my boarding pass. Two security guards wearing high-vis jackets approach Williams as he asks: "Wh...

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Federal Realty Investment Trust (NYSE:FRT) Sentiment Up in Q3 2017

Cowen & Co upgraded Healthcare Realty Trust Incorporated (NYSE:HR) rating on Wednesday, March 23. The stock has "Neutral" rating by JP Morgan on Thursday, August 27. Pettyjohn Wood And White has 269 s...

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Champions League club in constant contact with West Ham over January transfer

Champions League club in constant contact with West Ham over January transfer

West Ham's scattergun approach in the transfer market is churning out mistake after mistake, and seeing a player leave so quickly in Hernandez would be a case of deja vu for Hammers fans, and supporte...

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UnitedHealth Group Incorporated (NYSE: UNH) - Technical Snapshots for Investors

UnitedHealth Group Incorporated (NYSE: UNH) - Technical Snapshots for Investors

Lomas Capital Management Llc who had been investing in Alleghany Corp Del for a number of months, seems to be bullish on the $8.99B market cap company. Canandaigua Natl Bank & Tru Co has invested 0.09...

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Nestle selling U.S. candy brands to Nutella company

Nestle selling U.S. candy brands to Nutella company

In June 2017, Nestle had announced that it was exploring strategic options, including a possible sale, for its US chocolate and candy business, as the company focusing on its shift to becoming a healt...

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How major United States stock indexes fared on Tuesday

Bitcoin futures on the Cboe Futures Exchange settled 19.9 percent lower at $11,055. Most major USA equity gauges gained but retreated from their session highs. Sterling slipped on easing inflation. ...

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McDonald's sets goal of recycling, 100% sustainable packaging by 2025

McDonald's sets goal of recycling, 100% sustainable packaging by 2025

Last week, McDonald's laid out sustainability goals that included a plan to drop all foam packaging, globally, by 2019. FAST food chain McDonald's has promised to make all of it's packaging worldwid...

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PM to launch commencement of work function for Rajasthan refinery

PM to launch commencement of work function for Rajasthan refinery

Taking pot shots at Modi's refinery commencement launch, Congress tweeted, "Modi government is about to complete 4 years in power, but still it has to inaugurate works done by Congress party to get cl...

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GE to Take $6.2 Billion Charge Tied to Finance Unit's Insurance Reserves

GE to Take $6.2 Billion Charge Tied to Finance Unit's Insurance Reserves

In the last 5 trading days, the stock had increased by 3.39% while in the past three months, the overall change in the stock is 13.52%. About 553,017 shares traded or 8.31% up from the average. Welch ...

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Gov. Cuomo Proposes Study of Recreational Marijuana Legalization

Gov. Andrew Cuomo took on his most challenging budget year since 2011, proposing a $168.1 billion spending plan that closes a $4.4 billion shortfall and caps spending at less than a 2 percent incr...

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Boosts 888 Holdings Public (888) Price Target to GBX 325

Boosts 888 Holdings Public (888) Price Target to GBX 325

The rating was upgraded by Investec on Monday, November 6 to "Buy". RBC Capital Markets restate their Outperform rating on Sky Plc (LON:SKY)'s stock in a report shared with investors and clients o...

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Calls for industry reform after Carillion collapse

In a press release in May 2010, Capita IT Services said it had been selected as part of the Carillion-led Local Education Partnership (LEP) to provide the managed ICT service for Wolverhampton City Co...

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New bill seeks to ban Huawei from any USA government contracts

New bill seeks to ban Huawei from any USA government contracts

This warning comes following a harder line taken by the White House administration on policies initiated by former U.S. President Barack Obama related to issues ranging from the role of Beijing in con...

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BP to take $1.7B Deepwater Horizon charge

BP to take $1.7B Deepwater Horizon charge

A spokeswoman for the group said hundreds of outstanding claims have yet to be closed, raising the prospect of further charges. BP p.l.c. (NYSE:BP) Shares slumps -1.43% in early trade on Tuesday, th...

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Premier Foods reports third quarter sales hike

Premier Foods reports third quarter sales hike

Premier Foods shares rose as much as 5 per cent on Tuesday, before falling back to sit 3.5 per cent higher at 44.25p in early afternoon London trading. A record 220 million mince pies sold previous ye...

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Citigroup uses tax break windfall to rain profits on investors

Citigroup uses tax break windfall to rain profits on investors

However, banks and other large USA corporations expect to benefit greatly from lower taxes and other provisions in the new law over the long term. The changes will not only boost Citigroup's profi...

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