Finance

BHP set for return to full-year profit

BHP set for return to full-year profit The producer's preference is for a small number of trade sales to exit shale, chief executive officer Andrew Mackenzie told analysts on Tuesday on a conference call after reporting full-year profit that missed estimates. The Melbourne, Australia based-company's turnaround from the $6.4 billion loss for the year through June 2016, was built on high prices for iron ore and coal build on Chinese indu... [Full Article...]

China Unicom Hong Kong Ltd (0762.HK) Sees Nice Weekly Performance

China Unicom Hong Kong Ltd (0762.HK) Sees Nice Weekly Performance NorthCoast Asset Management LLC now owns 86,441 shares of the Wireless communications provider's stock worth $4,774,000 after buying an additional 51,529 shares in the last quarter. China United Network Communications shares, which were suspended since April as the ownership plan was being hashed out, jumped by the 10 percent daily limit in Shanghai after the announcement. [Full Article...]

Brokerages Set Admiral Group plc (ADM) Price Target at $1904.42

It closed at $11.24 lastly. Intertek Group plc (LON:ITRK) has 0.00% since August 21, 2016 and is. About 70,330 shares traded. The stock decreased 0.54% or GBX 14.86 on August 21, reaching GBX 2762. Headlam Group Plc is a United Kingdom company, which is engaged in the marketing, supply and distribution of a range of floorcovering products. The company has market cap of 7.78 billion GBP. [Full Article...]

Majority of FTSE 350 boards lack cyber incident training

Majority of FTSE 350 boards lack cyber incident training One in ten FTSE 350 firms now operate without a response plan for a cyber incident, the report claimed, adding that just six per cent of businesses were "completely prepared" for upcoming data protection rules, according to the FTSE 350 Cyber Governance Health Check for 2017. [Full Article...]

McDonald's to shut in north, east India after row with CPRL

McDonald's to shut in north, east India after row with CPRL McDonald's second partner, Hardcastle Restaurants Pvt., operates 261 restaurants in the western and southern parts of India. On June 29, the company had temporarily suspended operations of more than 40 of its restaurants in Delhi after the "Eating House Licences" of a number of outlets expired. [Full Article...]

Is the solar eclipse distracting your staff?

Is the solar eclipse distracting your staff? The report cites an estimate provided by Challenger, Gray & Christmas, a firm that tallied up the possible lost moments of work Monday. " There's very few people who are not going to walk outside when there's a celestial wonder happening above their heads to go out and view it ", Challenger said. [Full Article...]

Wal-Mart Stores Inc

Wal-Mart Stores Inc The retailer posted $1.08 Earnings per share for the period, reaching the average forecast of $1.07 by $0.01. the company reported sales of $123.40 B for the period end, compared to analysts' anticipations of $121.86 B. Orrstown Fincl Svcs Incorporated invested in 9,215 shares or 1.23% of the stock. The stock of Aetna Inc (NYSE:AET) has "Hold" rating given on Thursday, July 13 by Deutsche Bank... [Full Article...]

Dutch Bros. Coffee chain recalls solar eclipse glasses over safety fears

Dutch Bros. Coffee chain recalls solar eclipse glasses over safety fears The company countered the questioning by posting a certification letter on Facebook. The American Astrological Society earlier warned that unsafe eclipse glasses bearing the ISO logo and certification label had been flooding the market and that websites were also displaying false results that claim to show positive test results for glasses they sell. [Full Article...]

Infosys drops out of India's top 10 most valued companies

Infosys drops out of India's top 10 most valued companies Sikka set an ambitious 2020 revenue target of US$20 billion, which he has since acknowledged will be hard to achieve in light of the headwinds now facing the sector. In our view it is the Board which is saddled with eroded credibility, as it has defended Sikka against founders' allegations but has been unable to retain him. [Full Article...]

YouTube now offers "Breaking News" section on its platform

YouTube now offers YouTube is reportedly rolling out a "Breaking News" section in people's feeds across all mobile and web platforms, as Google continues to tailor custom content playlists to users logged into Google Accounts. To give the feature a try now, first go to youtube.com/new and opt in. It would be interesting to see if YouTube can encash this new feature. The company has not confirmed that how ... [Full Article...]

Berkshire Hathaway Outbid By Sempra For Oncor Electric Delivery

Berkshire Hathaway Outbid By Sempra For Oncor Electric Delivery Sempra said Monday that it will also pick up $9.35 billion of the company's debt. However, in response to Sempra's bid, Berkshire offered to allow Energy Future to keep an Oncor dividend, but that proposal was not enough to bridge the gap in price, the sources added. [Full Article...]

Rosneft says India's Essar Oil refinery to double throughput

Rosneft says India's Essar Oil refinery to double throughput Debt-laden Essar group today concluded the sale of its crown jewel Essar Oil, including the captive port, power and retail assets, to Moscow-controlled oil giant Rosneft and a consortium of investors for United States dollars 12.9 billion, making it the largest FDI into the country. [Full Article...]

Chinese carmaker Great Wall looks at bidding for Fiat Chrysler

Chinese carmaker Great Wall looks at bidding for Fiat Chrysler The company was responding to rumors regarding potential interest of Great Wall Motors in the Jeep Brand. The Italian-American auto group told the Financial Times that it had not been approached by Great Wall, despite earlier reports to the contrary. [Full Article...]

Rathbones and Smith & Williamson in talks over merger

Rathbones and Smith & Williamson in talks over merger If agreed upon, "any such transaction will be subject to the approval of shareholders", the investment manager added. It said market sources placed the value of Smith & Williamson at between £500m and £600m. AGF, a Canadian investor, has held a 30% stake in S&W for 15 years but has accelerated efforts to seek an exit in recent months. The company's shares are up less than one per cent since th... [Full Article...]

Boateng Undergoes Medical At Eintracht Frankfurt After Las Palmas Exit

Boateng Undergoes Medical At Eintracht Frankfurt After Las Palmas Exit Prince Boateng has bounced around Europe since he began his career with Hertha Berlin, playing for Tottenham Hotspur, Borussia Dortmund , Genoa, AC Milan and Schalke over the course of the years. Boateng, 30, is the half-brother of Bayern Munich star defender Jerome and represented Ghana internationally. Bobic described the midfielder as " winner [who] has unwavering will " and is a pla... [Full Article...]

Maersk Sells Oil and Gas Division to Total

Maersk Sells Oil and Gas Division to Total As part of the transaction, Total would also assume decommissioning obligations of $2.9 billion, Maersk said in its own statement. "We are also very pleased that we will have a new anchor point in Denmark which will host our North Sea business unit and supervise our operations in Denmark, Norway and the Netherlands", Pouyanne said. [Full Article...]

Volkswagen gives green light for electric version of classic Microbus camper van

Volkswagen gives green light for electric version of classic Microbus camper van VW's North American CEO, Hinrich J. Woebcken, called the I.D. It was exciting news for the attendees at the collector vehicle event. "For me, the I.D. Volkswagen also claim it will feature "highly automated driving" - Level 3 autonomous capabilities. The high seating position, cargo capacity, overall versatility and all-wheel drive option packaged into such an appealing design is just what our ... [Full Article...]

Nowhere To Hide: Internet Vendors On The Hot Seat After Charlottesville

Nowhere To Hide: Internet Vendors On The Hot Seat After Charlottesville The Website chose Google - but didn't stay there for long. Twitter , LinkedIn and Spotify are among the latest wave of companies to join tech giants like Facebook and Google in severing their ties to white supremacist websites. "Airbnb will continue to stand for acceptance and we will continue to do all we can to enforce our community commitment". "We are glad to have been alerted to ... [Full Article...]

Elon Musk joins chorus of experts calling for ban on killer robots

Elon Musk joins chorus of experts calling for ban on killer robots The UN's Review Conference of the Convention on Conventional Weapons had unanimously agreed to start formal discussions on the threat of autonomous weapons such as drones, tanks, and automated machine guns. There is an urgent tone to the message from the technology leaders, who warn that "we do not have long to act". Professor Walsh said artificial intelligence could help tackle numerous press... [Full Article...]

Drone-like object spotted near IGI, flights hit

Drone-like object spotted near IGI, flights hit The pilot of Air Asia flight no I5-799 spotted the object near Terminal 3 of the high-security Indira Gandhi International (IGI) Airport while landing at 7.09pm and reported the matter to the authorities, said an official of the CISF, which looks after the airport security across the country. [Full Article...]


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