Finance

Deadly clashes as rebels storm army base in Kashmir

Deadly clashes as rebels storm army base in Kashmir The airport is used primarily by the Indian Air Force to conduct air drills of its fighter aircraft and is one of the strategically important defence facilities where civilian operations often remain suspended due to security reasons. In August, at least eight Indian police officials were killed when militants attacked a security camp in southern Kashmir. There were several guests inside the par... [Full Article...]

In Equifax Hearing, These 5 Data-Security Ideas Emerged

In Equifax Hearing, These 5 Data-Security Ideas Emerged Smith resigned last week amid backlash over the company's handling of the breach. Why? Because, according to Warren, Equifax is poised to make millions off the recent data breach that compromised the names, social security numbers, driver's license numbers, birth dates, addresses, and credit card information of 145 million Americans . [Full Article...]

Frontrunner Rajnish Kumar To Take Over As Next SBI Chairman

Frontrunner Rajnish Kumar To Take Over As Next SBI Chairman Three other managing directors of SBI - Dinesh Kumar Khar, B Sriram and PK Gupta - were also interviewed for the top job. Reuters reported the government as saying in a statement that Kumar would assume chairmanship of the bank on October 7. [Full Article...]

Force India named in Mallya money laundering

Force India named in Mallya money laundering He was arrested in a case of money laundering filed by Indian authorities through UK's state prosecutor. An extradition process was initiated, with Mallya - who refuses to be extradited - deprived of his Indian passport and confined to the United Kingdom until a hearing scheduled for December 4. [Full Article...]

Las Vegas shooting: What do we know about Marilou Danley?

Las Vegas shooting: What do we know about Marilou Danley? Las Vegas police chiefs told a media conference Paddock fired for about 9 to 11 minutes "off and on" from the window of his Mandalay Bay hotel room, before turning the gun on himself. She and Geary Danley reportedly divorced in 2015 and she was living with Paddock in Mesquite, Nevada, 130km from Las Vegas. " He loved her . He doted on her". [Full Article...]

Royal Mail say "A ballot result does not necessarily mean industrial action"

Royal Mail say Earlier this year, the United Kingdom postal operator announced it would be closing Royal Mail Pension Plan, its current defined benefit (DB) scheme, to future accruals from next year. "There are no grounds for industrial action". In a CWU press conference yesterday (3 October) in Manchester, general secretary Dave Ward said the result was demonstrative that Royal Mail's leadership, board and se... [Full Article...]

Summit Midstream Partners, Given Average Recommendation of "Hold" From Brokerage Firms

Summit Midstream Partners, Given Average Recommendation of Many investors will be keeping a watchful eye on the next round of company earnings reports. It has a 18.63 P/E ratio. Kayne Anderson Capital Advisors Lp increased Summit Midstream Partners Lp (NYSE:SMLP) stake by 96,100 shares to 3.14 million valued at $71.07 million in 2017Q2. [Full Article...]

Oil prices dip on doubts that recent rally will last

Oil prices dip on doubts that recent rally will last With inventories soon to balance, the psyche of the market should move and the questions posed by investors will also change. After settling Monday at the lowest level in more than week, it's holding ground between a low of $50.22 and a high of $50.73. [Full Article...]

Have A Cup Of Coffee With A Howell Police Officer

Have A Cup Of Coffee With A Howell Police Officer Law enforcement agencies throughout Tampa Bay will be out in the community to participate in " National Coffee with a Cop Day " on Wednesday. The events are created to improve police-community relations by connecting police officers with local residents in an informal setting. [Full Article...]

Market moves with caution, RBI rate call takes centre-stage

Market moves with caution, RBI rate call takes centre-stage The S&P BSE Small-Cap index provisionally rose 0.79%, outperforming the Sensex . Hong Kong's Hang Seng was up 0.70 per cent while Japan's Nikkei went up 0.22 per cent in their late morning trade. Dr Reddy's Laboratories gained 3 percent after the company said it launched the Sevelamer Carbonate Tablets in the USA markets. The sectoral indices in good form were oil and gas, PSU, healthcare and ... [Full Article...]

Colman's Mustard Norwich factory under threat after Britvic announces closure

Colman's Mustard Norwich factory under threat after Britvic announces closure Closure of the Britvic factory in Norwich would end a link between the company and the eastern region dating from the mid-19th Century when a Chelmsford chemist began making homemade soft drinks. Britvic said it would embark on a consultation process with the 242 affected staff before the site's proposed closure at the end of 2019. Britvic boss Simon Litherland justified his firm's move by sta... [Full Article...]

Manchester City's Sergio Aguero out for six weeks with rib injury - doctor

Manchester City's Sergio Aguero out for six weeks with rib injury - doctor After carrying out assessments of Aguero's injury, City were hopeful that he would only be out of contention for two to four weeks. Villani said that Aguero is in too much pain to move around the house or get into his auto, and miserable because he can not play for his country in their decisive World Cup qualifiers against Peru and Ecuador. [Full Article...]

Publix ground turkey recalled for metal shavings inside

Publix ground turkey recalled for metal shavings inside Aldi expects to have 2,500 US stores by the end of 2022. Prestige Foods, Inc, which packages the food under the Publix brand, says the ground turkey packages in question were produced between September 25 and 26. Thousands of pounds of ground turkey are being recalled due to a possible metal contamination. They were shipped to distribution centers in Alabama, Connecticut, Florida , Ge... [Full Article...]

Ireland says European Union action over 13 billion euro Apple tax bill 'regrettable'

Ireland says European Union action over 13 billion euro Apple tax bill 'regrettable' The commission claims that an arrangement between Ireland and Apple results in an illegal advantage for the iPhone maker. Last summer Brussels concluded an agreement between Irish authorities and Apple, which allowed the firm to pay a corporation tax rate of just 0.005 per cent, amounted to unfair state aid. [Full Article...]

RBI offers no relief to borrowers, keeps repo rate unchanged at 6%

RBI offers no relief to borrowers, keeps repo rate unchanged at 6% RBI officials took advantage of an extraordinary period of low inflation to cut rates by 200 basis points from January 2015 to August 2017, when it became the first Asian central bank to cut rates this year. Projects inflation at 4.2-4.6 percent in the second half. The central bank had earlier estimated India's GVA in 2017-18 to grow at 7.3 per cent. On the other hand, a top finance ministry ... [Full Article...]

State of Georgia to consider creating a city named Amazon

State of Georgia to consider creating a city named Amazon The deadline for City of Memphis to submit its proposal is October 19, 2017. Stonecrest Mayor Jason Lary says the proposal is the most unique ever offered to a company. "If we can afford to do it, let's try to do it, because it brings a positive impact to the City of Memphis", he said. Just outside Atlanta, the city of Stonecrest, Georgia , has taken the creativity challenge to heart. [Full Article...]

Toyota closed the plant in Australia. He worked for 54 years

Toyota closed the plant in Australia. He worked for 54 years He added that as Toyota had warned of the closures years in advance, many workers had been able to secure training for other manufacturing jobs, minimizing the effects of unemployment among former employees. Additionally, TMCA Chairman Max Yasuda announced at the ceremony the establishment of the Toyota Community Foundation Australia Pty Ltd.to contribute to the Australia region over the long te... [Full Article...]

RBI To Print Soon New Rs 100 Notes?

RBI To Print Soon New Rs 100 Notes? The existing Rs 100 notes will continue to be legal tender and will be withdrawn gradually. In December 2016, RBI officials had announced that all currency notes will be redesigned gradually. The dimensions are kept same as the current notes in order to ensure that the ATMs need not be recalibrated after the introduction of new notes. The move of introducing the new Rs 5 note might come on t... [Full Article...]

Tesco resumes dividends as pretax profit jumps

Tesco resumes dividends as pretax profit jumps Group operating profit before exceptional items in the 26 weeks to August 26 increased by 23.7 percent at constant exchange rates to 759 million pounds, compared with the same period a year earlier. The results come as Tesco is awaiting the results of an in-depth competition probe into its proposed £3.7bn takeover of wholesale giant Booker. Tesco remains the largest of Britain's supermarket ... [Full Article...]

Centre cuts excise duty on petrol, diesel by ₹2 a litre

Centre cuts excise duty on petrol, diesel by ₹2 a litre These will now come down by Rs 2. While there was a clamour for the government to reduce taxes, the Centre sought to shift the blame to the states and oil minister Dharmendra Pradhan made a pitch for a shift to GST, suggesting it will lower retail prices. [Full Article...]


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