Finance

Crude oil gains on surprise drawdown in U.S. crude inventories

Crude oil gains on surprise drawdown in U.S. crude inventories Global equities sank after China unveiled its charges, which match the scale of proposed US tariffs announced earlier this week and ratchets up tension in a brewing trade war between the world's two largest economies. Analysts also said that an increase in OPEC production could undermine efforts to curb output, particularly as oil prices rise and the cartel determines how to end the agreement ... [Full Article...]

Folau stirs discussion with controversial Instagram comment

Folau stirs discussion with controversial Instagram comment Folau deleted his post after he was asked "what was gods (sic) plan for gay people", but a screenshot allowed other social media users -including the fullback's some 337,000 followers - to see the provocative exchange. A devout Christian, Folau served as a face of the Bingham Cup, an amateur gay rugby tournament staged in Sydney in 2014. The comment prompted outrage on social media, with people ... [Full Article...]

Monex Group Considering a Takeover of Coincheck

Monex Group Considering a Takeover of Coincheck On Tuesday, Nikkei reported that Monex Group , also based in Tokyo, was "offering to take over Coincheck". Monex stock soared in response to the rumors, closing at 424 JPY after opening at 337 JPY - a single-day gain in excess of 25 percent. [Full Article...]

$2.54 Earnings Per Share Expected for Boeing (BA) This Quarter

$2.54 Earnings Per Share Expected for Boeing (BA) This Quarter Shares are trading price at $330.82 with move of 2.60%. Patterson Companies, Inc. (NASDAQ:PDCO) has declined 51.49% since April 4, 2017 and is downtrending. Since February 8, 2018, it had 0 buys, and 1 insider sale for $12.17 million activity. Twin Capital reported 0.58% in The Boeing Company ( NYSE :BA). [Full Article...]

Dow closes down almost 460 after earlier 700-point plunge

Dow closes down almost 460 after earlier 700-point plunge After spiking last year, the stock market hit extreme turbulence during the first three months of the year as investors anxious about tariffs, inflation and tech stocks. "This brings in an incredible amount of uncertainty, but people may just respond to things as they unfold", said Michael O'Rourke, chief market strategist at JonesTrading. [Full Article...]

Utility companies plan offshore wind farm

Utility companies plan offshore wind farm With these proposals, CT joins Massachusetts, New Jersey and NY, which have committed to building thousands of megawatts of offshore wind-generating capacity. Brostrom said Orsted is the "global leader" in wind farm development, having constructed 23 offshore facilities around the world since 1991, representing 27 percent of worldwide offshore wind capacity. [Full Article...]

Ford Escape Fails New Crash Test, 5 Other Small SUVs Score Good

Ford Escape Fails New Crash Test, 5 Other Small SUVs Score Good When the same test was done on the driver's side of the vehicle, the Escape earned an "acceptable" rating thanks to reinforcements Ford added to that side of the vehicle but chose to leave off the passenger side of the SUV. The 2018 Ford Escape got the lowest score of poor for its protection of a front-seat occupant in the new small overlap front crash test on the passenger side. [Full Article...]

Tesla Claims Most Productive Quarter in Its History

Tesla Claims Most Productive Quarter in Its History InvestorPlace's Aaron Levitt recently suggested that Tesla has too many issues for its stock to have any chance of climbing back into the $300s. At first, Tesla CEO Elon Musk had said that he believed the company would be producing 5,000 Model 3 per week by the end of March 2018. [Full Article...]

Facebook's Mark Zuckerberg to Testify Before Congress on April 11

Facebook's Mark Zuckerberg to Testify Before Congress on April 11 But participants unknowingly gave researchers access to the profiles of their Facebook friends, allowing them to collect data from millions more users. Facebook was also hit on Tuesday in a San Francisco court by the first of what could be many lawsuits by shareholders claiming to suffer losses because the company misled them about its ability to protect user data. [Full Article...]

US SEC cracks down yet another fraudulent ICO

US SEC cracks down yet another fraudulent ICO Farkas had a flight reservation to leave the country on Sunday but was arrested before he could board the plane, according to the SEC complaint . Sharma and Farkas were claiming that the company would offer different financial products which would include a debit card backed by MasterCard. [Full Article...]

Sensex rises 75 points; Nifty trades at 10253

Sensex rises 75 points; Nifty trades at 10253 The Sensex dropped as much as 533 points from day high level of 33505.53, while it settled at 33,019, down 351.56 points from previous day's close. Midcaps and small cap indexes fell 150 points and 178 points respectively on BSE. Sectoral indices, led by auto, realty, healthcare, consumer durables, IT and metal, were trading in the positive zone with gains up to 1.12 per cent. [Full Article...]

MasterChef UK judges spark rendang row in Malaysia, Indonesia

MasterChef UK judges spark rendang row in Malaysia, Indonesia Here's what you need to know about the backlash, and how a rendang chicken should be cooked. " Rendang is not merely a dish, but a method and a concept, the word rendang came from Minangkabau word "randang/marandang" ... "It's our personal opinion that chicken cooked with the skin on provides a fuller flavour, even if you remove the skin after cooking". In response, fellow judge John Torod... [Full Article...]

Futures inch higher after tech-led slide

Futures inch higher after tech-led slide Today, the major automakers will announce their March sales reports, which are expected to be down from 2017 levels and could impact stock exchanges. And China struck back Monday when it announced it was raising import duties on a $3 billion list of USA products including pork and apples, a move investors viewed as an escalation of trade tensions between the world's two largest economies. [Full Article...]

Ghost Recon Wildlands is getting a second year of content updates

Ghost Recon Wildlands is getting a second year of content updates Ghost Recon Wildlands has entered Year Two, a year which will see the release of four major updates called Special Operations. In Tom Clancy's Ghost Recon Wildlands , the Santa Blanca drug cartel has transformed the attractive country of Bolivia into a perilous narco-state, leading to lawlessness, fear, and rampant violence. [Full Article...]

Intervention required: Ex Walmart boss calls on Congress to split Amazon

Intervention required: Ex Walmart boss calls on Congress to split Amazon The Jeff Bezos-led company's move comes even as Flipkart is in advanced level of talks with Walmart, another United States-based retail giant, to sell a majority stake. Flipkart is seen as an attractive asset globally, given the long-term potential of India's enormous market. With an aim to grab a larger market share, Amazon.com Inc may make an offer to Flipkart, a home-grown online retail compa... [Full Article...]

Michael Gove announces 'tough' new ban on ivory trade

Michael Gove announces 'tough' new ban on ivory trade He added: "Time is really running out for elephants and as a nation of animal lovers, most people in the United Kingdom have already rejected ivory as something they wish to own and will be pleased to see their views recognised with this ban". [Full Article...]

Spotify founders enriched to the tune of US$5.8b in listing

Spotify founders enriched to the tune of US$5.8b in listing The NYSE set Spotify's reference price late yesterday to be in line with informal, private trading of Spotify shares, giving an early estimate of the level at which supply and demand could be balanced. By comparison, Apple's almost 3-year-old music streaming service has 38 million subscribers. "Spotify is from the costs of licensing content", said Michael Carvin, chief executive of personal financ... [Full Article...]

Amazon's market cap falls behind Microsoft's into 4th place

Amazon's market cap falls behind Microsoft's into 4th place Shares in the tech giant fell by more than 4% on Thursday after Mr Trump set out the gripes in a tweet though they later recovered to end 1% higher after the White House said "no actions" were now planned against the company despite the concerns. [Full Article...]

WPP Probes CEO Sorrell

WPP Probes CEO Sorrell Sir Martin Sorrell's iron grip as chief executive of WPP is under threat after the advertising group hired a law firm to investigate an allegation of personal misconduct. As a significant share owner, my commitment to the company, which I founded over thirty years ago, remains absolute - to our people, our clients, our shareholders and all of our many stakeholders. [Full Article...]

Watch the Champions League online

Watch the Champions League online Massimiliano Allegri's side continued to press after the break but Ronaldo struck again in the 64th minute, sending an overhead kick past the motionless Gianluigi Buffon to earn a standing ovation from the home fans. I played there for seven years, I still have many friends there and Madrid is a great city. "I didn't expect to score that goal but let's speak about the game", Ronaldo said. [Full Article...]


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