Finance

GSK buys Novartis stake in consumer healthcare venture for $13B

GSK buys Novartis stake in consumer healthcare venture for $13B GlaxoSmithKline plc ( GSK) stock is now trading -3.46% away from its average-price of 200 days while it maintained a distance of 0.68% from its 50 Days Moving Average and 1.50% compared with the 20 Day Moving Average. While talking about Performance of the Stock, GlaxoSmithKline plc now has a Weekly performance of -2.09%, monthly performance percentage is -2.82 percent, Quarterly ... [Full Article...]

Sensex up approx 500 pts, Nifty ends above 10100

Sensex up approx 500 pts, Nifty ends above 10100 The Sensex touched a high of 33,371.04 points and a low of 33,077.13 during the intra-day trade. Gains in PSU bank, metal and energy stocks led the gains in the domestic market, while equities in the other Asian markets witnessed sharp advances. [Full Article...]

Rare drops its planned 'death cost' for Sea of Thieves

Rare drops its planned 'death cost' for Sea of Thieves Just prior to the launch of Sea of Thieves , Rare announced that players would need to pay a "death tax" to the Captain of the Ferry of the Damned in order to resurrect. A highly controversial plan to implement a Death Cost mechanic inside Sea of Thieves has been scrapped, developer Rare has advised. If we need to do this, we will message out on our social channels. [Full Article...]

IPhone supplier Foxconn to acquire IoT player Belkin for $866m

IPhone supplier Foxconn to acquire IoT player Belkin for $866m This FIT division apparently focuses on the "development, manufacturing and marketing of electronic and optoelectronic connectors, antennas, acoustic components, cables and modules for applications in computers, communication equipment, consumer electronics, automobiles, industrial and green energy field products". [Full Article...]

Government shells out £100m for pothole menace

Government shells out £100m for pothole menace The county council previously earmarked £9 million for this financial year, 2018/19 and this latest funding boost means additional staff can be hired to tackle a problem concerning many local people. Lincolnshire, for example, received double the amount here in the county, £3.45 million. Transport for the West Midlands, West Sussex County Council, Buckinghamshire County Council, Croydon Council ... [Full Article...]

Loop Capital Initiates Coverage on Lowe's Companies (NYSE:LOW)

Loop Capital Initiates Coverage on Lowe's Companies (NYSE:LOW) Parthenon Limited Liability Co holds 0.09% or 4,719 shares in its portfolio. Hancock, Mississippi-based fund reported 3,722 shares. Lowe's Companies, Inc. Legg Mason Asset (Japan) owns 0.51% invested in Lowe's Companies, Inc . Over the past 52 weeks, Lowe's has underperformed the broad markets, with its stock down about 10%. [Full Article...]

JD Sports gets foot in USA with $558 million Finish Line buy

JD Sports gets foot in USA with $558 million Finish Line buy Britain's JD Sports plans to grab a slice of the American market with a "transformational" $558m (£400m) deal to buy The Finish Line , an exclusive sports shoe supplier to the Macy's department store chain. The deal with JD Sports Fashion Plc is valued at almost $560 million. 'We are looking forward to working with Finish Line's experienced management team to bring best in class retai... [Full Article...]

Sensex, Nifty Mixed In Early Trade

Sensex, Nifty Mixed In Early Trade The brokers said Fears of a full-blown trade war dampened investor sentiment here. The domestic market recovered from its early losses, with banking, metal, finance consumer durables, capital goods, auto, PSU and realty stocks showing strength. [Full Article...]

China's First Ever Yuan Oil Futures Begin Trading in Shanghai

Bloomberg said September contracts for Brent traded near United States dollars 68.72 a barrel, and WTI at USD 64.37. The relevance is greater due to the fact the Asian giant is number one oil importer worldwide and now supposes an alternative for exporting countries that face unilateral sanctions from the United States. [Full Article...]

Gunmaker Remington files for bankruptcy protection

Gunmaker Remington files for bankruptcy protection The site did not include any details, and the company has not yet made an official announcement. Its 2017 revenues totalled $603.4 million, down just over 30% from the previous year. last month, which left seventeen people dead. Remington makes the Bushmaster AR-15-style rifle that was used in the Sandy Hook shooting in CT that left 20 first-graders and six educators dead in 2012. [Full Article...]

Facebook's Zuckerberg says sorry to Britons in newspaper ads

Facebook's Zuckerberg says sorry to Britons in newspaper ads The transfer of the data to a third party was in violation of Facebook's terms of service. They say the data is used "to improve people's experience across Facebook" by. "This was a breach of trust, and I'm sorry we didn't do more at the time ", Mr Zuckerberg said. The social media platform's stock value has dropped more than $70 billion since the revelations were first published. [Full Article...]

Uber to sell Southeast Asia business to rival Grab

Uber to sell Southeast Asia business to rival Grab Within Southeast Asia , Indonesia is the biggest market. In exchange, Uber will receive a 27.5% stake in Grab and Uber chief executive Dara Khosrowshahi will join Grab's board. "Today's acquisition marks the beginning of a new era", said Grab chief executive Anthony Tan. The combined business is the leader in platform and cost efficiency in the region. [Full Article...]

United States lawmakers formally ask Facebook CEO to testify on user data

United States lawmakers formally ask Facebook CEO to testify on user data If Facebook was slow to respond, its share price - down 14% this month - was not. Mark Zuckerberg, founder of Facebook, says that his company could have done more to stop the 2014 data breach. "Now we're limiting the data apps get when you sign into Facebook". Facebook's senior leadership was conspicuously quiet in the immediate wake of the Cambridge Analytica debacle. [Full Article...]

Study Shows Depressing Scope of Great Pacific Garbage Patch

Study Shows Depressing Scope of Great Pacific Garbage Patch The Garbage Patch is now approximately the size of Queensland , with the plastic weighing the same as 500 jumbo jets. "This study is confirmation that we know abandoned and lost gear is an important source of mortality for a whole host of animals and we need to broaden the plastic conversation to make sure we solve this wedge of the problem". [Full Article...]

Akash Ambani engaged to Shloka Mehta, to tie knot in December

Akash Ambani engaged to Shloka Mehta, to tie knot in December India's richest man Mukesh Ambani's son Akash Ambani is engaged to Shloka Mehta - daughter of Russel & Mona Mehta. Though, there has been no official statement on the marriage from the families yet, a local news website Nagpur Today has claimed that the wedding ceremony had been planned for later this year. [Full Article...]

Qantas sets aviation milestone with first direct flight from Perth to London

Qantas sets aviation milestone with first direct flight from Perth to London The new link is three hours quicker than routes which stop in the Middle East to refuel. Qantas Flight QF9 should complete its 14,498km journey in just over 17 hours. At flight's inaugural, he said the earliest Qantas flights between Australia and the United Kingdom - known as the "kangaroo route" - had taken four days and involved seven stops. [Full Article...]

Milwaukee Bucks vs. San Antonio Spurs - 3/25/18 NBA Pick, Odds, and Prediction

Milwaukee Bucks vs. San Antonio Spurs - 3/25/18 NBA Pick, Odds, and Prediction Shabazz Muhammad led a balanced attack with 21 points off the bench as the Bucks blasted the Bulls 118-105 at the United Center. "We're giving it our all when stepping on the floor", forward James Ennis said. The Bucks had a much better turnover percentage (12.0 vs. 17.5) and had a better offensive rebounding percentage (24.4 vs. 20.0). It was his 16th game this season with at least 20 ... [Full Article...]

New Italy coach to be named on May 20 - Costacurta

New Italy coach to be named on May 20 - Costacurta They are probably Argentina's most important two players. Midfielder Leandro Paredes had a shy at goal, before Buffon was once again called into action, this time around by Nicolas Tagliafico and Gonzalo Higuain. We tried to attack but we had a great team opposite us. Di Biagio is in charge of Italy on an interim basis and his first move was to persuade Juventus goalkeeper Gianluigi Buffo... [Full Article...]

Latest Amazon Patent Includes Gesture-Recognizing Drones

Latest Amazon Patent Includes Gesture-Recognizing Drones This is to show an example of someone gesturing away a drone flying overhead. "An onboard management system of the vehicle can process the human gestures and instruct the vehicle to perform certain actions". Inc. may let you boss around its delivery drones once they finally hit the market, at least according to a patent recently issued to the company by the U.S. [Full Article...]

Tesla, Mozilla step back from Facebook after user data issues

Tesla, Mozilla step back from Facebook after user data issues This week the New York Times and The Observer of London reported that a researcher's app had pulled personal information on about 270,000 Facebook users and 50 million of their friends back in 2015, and then passed that data haul to political consulting firm Cambridge Analytica in violation of Facebook's policies. [Full Article...]


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