Finance

This city is most expensive for expatriates in India

This city is most expensive for expatriates in India Moscow ranked 14th and London ranked 30th position and the German cities of Munich, Frankfurt, and Berlin dropped significantly ranking 98, 117 and 120 respectively. "UK cities have fallen again this year as the British pound weakened before, and after, the European Union referendum last summer". Hong Kong is number two on the ranking, followed by Tokyo , Zurich and Singapore. [Full Article...]

Harley-Davidson, Inc. (HOG) Stake Reduced by Edmond DE Rothschild Holding SA

Harley-Davidson, Inc. (HOG) Stake Reduced by Edmond DE Rothschild Holding SA Wayne Hummer Investments L.L.C. purchased a new position in shares of Harley-Davidson during the first quarter worth about $200,000. NYSE:KMX) shares were trading higher by 0.81 percent ($0.48) at $59.74 a piece in Wednesday's session. The ex-dividend date was Tuesday, May 23rd. Reuters is reporting that Harley-Davidson is preparing a bid for Ducati , which is being put up for sale by owner ... [Full Article...]

China's authorities tighten noose around online video content

China's authorities tighten noose around online video content China's powerful media regulator has issued shutdown orders to three leading video streaming sites amid a nationwide crackdown on online media. "The point is to achieve total control over the internet with China's borders; internet sovereignty". [Full Article...]

Dani Alves drops massive Ethihad transfer hint

Dani Alves drops massive Ethihad transfer hint The 27-year-old has emerged as one of the best right-backs in the world in recent years, and Manchester City are in urgent need of reinforcements in those positions. "If I get out (of Juventus ), it'll be without any fights, no problems, contrary to what they're saying". Guardiola was keen to add another right-back to his squad following the exits of out-of-contract duo Bacary Sagna and Pablo... [Full Article...]

Banks, post offices, cooperative bank get one month to deposit demonetised notes

Banks, post offices, cooperative bank get one month to deposit demonetised notes The government has permitted banks and post offices to deposit junked Rs 500 and Rs 1,000 notes with the Reserve Bank by July 20. In a notification issued on Tuesday, the ministry said that commercial banks, post offices and cooperative banks can now deposit the notes provided they were collected within the authorised time-frame. [Full Article...]

Pacer Advisors Inc. Buys 3138 Shares of Kilroy Realty Corporation (KRC)

Pacer Advisors Inc. Buys 3138 Shares of Kilroy Realty Corporation (KRC) Lord Abbett Ltd Limited Liability Company owns 0.11% invested in Duke Realty Corp (NYSE:DRE) for 1.38M shares. After having $0.37 EPS previously, Kimco Realty Corp's analysts see 2.70% EPS growth. A rating of 4 or 5 would represent a Sell recommendation. 02/09/2016 - Kilroy Realty Corporation had its "overweight" rating reiterated by analysts at JP Morgan. [Full Article...]

Carnival plc (CCL): Favourable Pricing Environment Offsets Fuel Drag

Carnival plc (CCL): Favourable Pricing Environment Offsets Fuel Drag The stock decreased 9.03% or GBX 0.15 on June 21, reaching GBX 1.5. Fukoku Mutual Life Insur holds 0.03% or 2,900 shares. It has underperformed by 16.70% the S&P500. 60,664 shares valued at $3.16 million were sold by KRUSE STEIN on Thursday, December 29. The stock was sold at an average price of $58.29, for a total value of $349,740.00. [Full Article...]

Amazon to Buy Whole Foods For $13.7 Billion in Cash

Amazon to Buy Whole Foods For $13.7 Billion in Cash It announced Friday that it's buying online men's clothing retailer Bonobos for $310 million, following a string of online acquisitions including ModCloth and Moosejaw. Paul Cuatrecasas, of Aquaa Partner, a London-based investment bank specializing in mergers and acquisitions research, said the deal "should leave no doubt" about how serious Amazon is about dominating all aspects of the retail ... [Full Article...]

A new platform for Whole Foods? How deal could upend grocery

A new platform for Whole Foods? How deal could upend grocery If you haven't heard by now, Amazon recently bought Whole Foods for a whopping $13.7 billion dollars. Walmart has the largest share of the US grocery market with 26.2%, according to Euromonitor. Whole Foods Market shares closed at $43.26 Wednesday. Of course, a union with Amazon could hurt Whole Foods' image on food quality. But they aren't naive. [Full Article...]

Toshiba estimates bigger loss for past year on Westinghouse, lawsuits

Toshiba estimates bigger loss for past year on Westinghouse, lawsuits Toshiba's auditor has refused to sign off on the financial statement and earnings report as the two sides have been unable to come to an agreement on when Toshiba recognized its massive losses related to Westinghouse Electric Co., which filed for bankruptcy protection in March. [Full Article...]

Some Uber workers pushing to bring back Kalanick, says report

Some Uber workers pushing to bring back Kalanick, says report Kalanick told Levandowski not to bring any Google information into Uber . Another board member has resigned after this week's departure of CEO and founder Travis Kalanick . "We understand that, and we want all of you to know that he did not make this decision lightly", the company's executive leadership team wrote to employees Wednesday, according to email seen by The New York Times . [Full Article...]

Adele visits London firefighters after tower block blaze

Adele visits London firefighters after tower block blaze Demonstrators hold a banner demanding justice for the victims of the recent deadly fire at Grenfell Tower apartment block as they march towards parliament in central London Wednesday June 21, 2017. "All of these matters should be swept away and looked at in a very quick and easy way so people feel that they are in a position to try and start rebuilding and focusing on the things that really ... [Full Article...]

U.S. investment agreement expected by August — Foxconn founder

U.S. investment agreement expected by August — Foxconn founder Gou said that Hisayoshi Ando, director-general of the Japanese Ministry of Economy, Trade and Industry's Commerce and Information Policy Bureau, "ordered" him not to invest in Sharp at a meeting on January 24 a year ago. manufacturing sector. President Donald Trump has campaigned the need for manufactures to move back to the United States and this announcement may mark a victory for the comman... [Full Article...]

Amazon buying Whole Foods for $13.7 billion

Amazon buying Whole Foods for $13.7 billion Whole Foods will continue to operate stores under its brand and will continue to be led by co-founder and chief executive John Mackey , the companies said. Grocery stores are under more pressure to compete based on convenience, especially as more retailers and startups introduce food options such as meal kits, low-priced snacks and organic groceries, according to a report released earlier th... [Full Article...]

Whole Foods CEO calls deal with Amazon 'whirlwind courtship'

Mackey made the remarks during a town hall with Whole Foods employees after the deal was announced late last week, according to a transcript of the talk filed Monday with the Securities and Exchange Commission. We're gonna - we're gonna - we're gonna import their passion about that. Shoppers could pick up their purchases at a Whole Foods store near them the same way they're doing under the AmazonF... [Full Article...]

$120 million fine proposed for travel-deal robocalls

$120 million fine proposed for travel-deal robocalls Commission investigators used software to analyze the details of all the calls, and they "hand-verified" more than 80,000 of them. If they did, consumers were connected to call centers not affiliated with companies mentioned in messages, according to the agency. [Full Article...]

House votes to roll back post-2008 financial rules

House votes to roll back post-2008 financial rules The legislation also repeals Dodd-Frank's Durbin amendment , which places limits on debit card processing fees, and the Volcker Rule , which bans banks from speculatively investing borrowed money in ways proven not to benefit customers, among other cuts to provisions specifically created to protect the average Jill. [Full Article...]

Coca-Cola Company (The) (KO) Given a $45.00 Price Target at Morgan Stanley

Coca-Cola Company (The) (KO) Given a $45.00 Price Target at Morgan Stanley The hedge fund run by Alex Denner held 500,000 shares of the health care company at the end of 2016Q4, valued at $3.58M, down from 600,000 at the end of the previous reported quarter. It increased, as 15 investors sold KW shares while 42 reduced holdings. Voya Management Ltd Co holds 0% of its portfolio in Advaxis, Inc. (NASDAQ:AAPL). [Full Article...]

Oil hits six-week low as OPEC fails to curb oversupply

Oil hits six-week low as OPEC fails to curb oversupply But inventories are near record highs in many parts of the world, and many traders expect further price falls. Oil prices fell by one per cent early on Wednesday after data showed a build in United States crude stocks and Opec reported a rise in its production despite its pledge to cut back. [Full Article...]

Keeping job was one fight too many for Uber's CEO

Keeping job was one fight too many for Uber's CEO Uber's NY general manager, Josh Mohrer, a year ago emailed riders to remind them that tipping is allowed , though "being Uber means you don't need to tip ". Yesterday, Lyft announced that its drivers have earned over a quarter billion dollars in tips . UBER founder Travis Kalanick has resigned as chief executive of the taxi-hailing firm after a series of scandals. [Full Article...]


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