Economy

Sensex Gains Over 100 Points; Nifty Trading Above 10900

Sensex Gains Over 100 Points; Nifty Trading Above 10900

Among the indices on Sensex, Information Technology gained the most on Monday while other sub-indices, except metal and public sector unit banks , ended higher. The growth was driven by PNB, ICICI Ba...

by · Economy
United States watchdog outlines issues with Bitcoin ETFs, mutual funds

United States watchdog outlines issues with Bitcoin ETFs, mutual funds

EXCLUSIVE-The U.S. Securities and Exchange Commission, or SEC, has expressed serious reservations regarding bitcoin ETFs, in a public letter published on the regulator's website yesterday. Accordi...

by · Economy
Oil slips even as ministers say output cuts will continue

Oil slips even as ministers say output cuts will continue

Demand is expected to grow by 1.3 MMBPD in the year - a "conservative number". Meanwhile, in the USA, crude stockpiles are estimated to have shrunk by 2 MMbbl last week, according to the median esti...

by · Economy
Digital Currency Operators Sued By US Federal Derivatives Watchdog

Digital Currency Operators Sued By US Federal Derivatives Watchdog

The CFTC Complaint charges the Defendants with engaging in a fraudulent scheme to solicit Bitcoin from members of the public, misrepresenting that customers' funds would be pooled and invested i...

by · Economy
India lags behind Pak and China in inclusive development: WEF

India lags behind Pak and China in inclusive development: WEF

The Index measures how 103 countries perform on 11 dimensions of economic progress in addition to gross domestic product . According to se data, Norway is most inclusive country, with constant impr...

by · Economy
'Trump Holds, Schumer Folds': Pundits React to Deal to End Gov't Shutdown

'Trump Holds, Schumer Folds': Pundits React to Deal to End Gov't Shutdown

Earlier, House and Senate lawmakers engaged in another round of negotiations to end the government shutdown as the impasse continued into the second day, with both chambers reconvening with the go...

by · Economy
United States will not risk ties with Turkey for the PKK

United States will not risk ties with Turkey for the PKK

Turkish President Recep Tayyip Erdogan has promised that the new offensive with be a swift incursion and his armed forces will re-take Afrin "within a few days". That argument, however, has failed t...

by · Economy
OP Rawat appointed new Chief Election Commissioner, Ashok Lawasa made Election Commissioner

OP Rawat appointed new Chief Election Commissioner, Ashok Lawasa made Election Commissioner

This is unedited, unformatted feed from the Press Trust of India wire. An EC or CEC has a tenure of six years. He was an officer of the 1977 batch of the Indian Administrative Services (IAS) from ...

by · Economy
UMB Bank NA MO Invests $9.88 Million in Halliburton Company (HAL) Stock

UMB Bank NA MO Invests $9.88 Million in Halliburton Company (HAL) Stock

Founders Capital Management's holdings in Halliburton were worth $1,090,000 at the end of the most recent reporting period. After this sale, 127,996 common shares of HAL are directly owned by the ...

by · Economy
Amazon has made it dearer to subscribe to Prime month-to-month

Amazon has made it dearer to subscribe to Prime month-to-month

The online retail giant has raised the price of its monthly subscription service from $10.99 to $12.99, in an attempt to drive customers to opt for a yearly subscription which remains at $99. Amazon i...

by · Economy
Trump Slaps 30% Tariffs On Imported Solar Panel Technology

Trump Slaps 30% Tariffs On Imported Solar Panel Technology

President Donald Trump has approved recommendations to impose safeguard tariffs on imported large residential washing machines and imported solar cells and modules, U.S. The tariffs are "exactly what ...

by · Economy
Netflix's (NFLX) Buy Rating Reiterated at UBS Group

Netflix's (NFLX) Buy Rating Reiterated at UBS Group

Brian Bares decreased its stake in Colfax Corporation (CFX) by 2.78% based on its latest 2017Q3 regulatory filing with the SEC. Following the completion of the sale, the insider now owns 1,016 shares ...

by · Economy
Montana Governor Issues Net Neutrality Rules

Montana Governor Issues Net Neutrality Rules

The expected wave of litigation against the Federal Communications Commission's repeal of net-neutrality rules has begun. The order says that in order to receive a contract with the state government...

by · Economy
Juno Therapeutics, Inc. (JUNO) Keeps Strong Position in Short-Range Obligations

Juno Therapeutics, Inc. (JUNO) Keeps Strong Position in Short-Range Obligations

COPYRIGHT VIOLATION WARNING: " Juno Therapeutics ( JUNO ) Rating Lowered to Sell at Zacks Investment Research " was originally posted by Registrar Journal and is the property of of Registrar Journal...

by · Economy
India's ONGC to buy majority stake in refiner HPCL for $5.78 billion

India's ONGC to buy majority stake in refiner HPCL for $5.78 billion

The ONGC-HPCL deal ensures that the government not only crosses its FY18 divestment target of Rs 72,500 crores but revises it to Rs 92,000 crores. When asked about the possibility of merging HPCL and ...

by · Economy
Shares fall as Sanofi announces $11.6bn deal to acquire Bioverativ

Shares fall as Sanofi announces $11.6bn deal to acquire Bioverativ

Sanofi SA is nearing a deal to buy hemophilia drugmaker Bioverativ Inc . for more than $11.5 billion as the French drugmaker looks set to clinch a big deal while it braces for generic competition fo...

by · Economy
Ocado shares soar as Sobeys partnership revealed

Ocado shares soar as Sobeys partnership revealed

In its first venture into North America, the online grocery retailer is set to establish a foothold in the country via a partnership with Sobeys, which has an estate of over 1500 stores across Canada....

by · Economy
Arsene Wenger: 'Talks still ongoing with Jack Wilshere'

Arsene Wenger: 'Talks still ongoing with Jack Wilshere'

Arsenal have chose to part with the Chilean who is now on the verge of Manchester United . Ozil, like Sanchez, has a contract that is coming to a close and there were fears that he too would be on...

by · Economy
Carnival Cruise passenger dead after falling from cabin balcony

Carnival Cruise passenger dead after falling from cabin balcony

The accident took place aboard Carnival Elation when the woman plunged "several decks below", a statement from Carnival Cruise Line spokesman Vance Gulliksen read, according to the Miami Herald . The...

by · Economy
IMF raises outlook for Canadian economy to 2.3%

IMF raises outlook for Canadian economy to 2.3%

The IMF update saw an improvement in the global economy still working its way way out of the remnants of the financial crisis. The tax cuts would likely widen the USA current account deficit, streng...

by · Economy
Arsenal's Alexis Sanchez undergoes Manchester United medical

Arsenal's Alexis Sanchez undergoes Manchester United medical

United have appeared to be on the brink of signing Sanchez since Premier League leaders Manchester City ended their pursuit of the Chile forward on Monday. "I think him and Marcus [Rashford] have...

by · Economy
Trump's Davos Trip Is 'Day-to-Day' During Government Shutdown

Trump's Davos Trip Is 'Day-to-Day' During Government Shutdown

According to a report by CNN , RNC staffers were setting up cameras at Mar-a-Lago on Saturday so that the president could address the guests via satellite. Canadian Prime Minister Justin Trudeau, In...

by · Economy
Dixons Carphone CEO steps down for Boots role

Dixons Carphone CEO steps down for Boots role

Walgreens Boots Alliance has appointed Dixons Carphone group chief executive Sebastian James as senior vice-president and managing director of Boots. Elizabeth Fagan, who has led Boots since 2016 an...

by · Economy
JMMC lauds Oman's efforts to support oil prices

JMMC lauds Oman's efforts to support oil prices

Strong global economic growth coupled with a drop in USA drilling activity and the dollar also supported crude, traders said, while additional Libyan output capped further gains. "There is a readiness...

by · Economy
Oil producers will cooperate beyond 2018, says Saudi Arabia

Oil producers will cooperate beyond 2018, says Saudi Arabia

That is certainly a bad result , but not drastically different from the pace of declines from the months before. However, we believe that the OPEC as well as Non-OPEC members have already factored ...

by · Economy