Markets


'Pizza and compliments are better for motivating employees than cash', study finds 'Pizza and compliments are better for motivating employees than cash', study finds
- September 02, 2016

One group was promised a bonus of around $30; another, a 'Well done!' text message from the boss at the end of the week; a third group was offered a voucher for pizza; and the fourth set received no message or offer at all. If you're lacking the will to drag yourself into work in the morning or can't stop from falling asleep on your keyboard come mid-afternoon, science may have the answer. (more...)
New NFL Stadium Might Be Dangerously Loud
- September 01, 2016

Bridgewater's preseason workload consists of two series in the opener at Cincinnati - he threw a 49-yard touchdown pass to Charles Johnson - so Zimmer certainly would like to get Bridgewater some more work. This is not to slight Shaun Hill too much; he's an National Football League quarterback with 34 starts and two 2,000-yard seasons under his belt. Minnesota was feeling more frustration than anything else for much of the first half because, despite getting the ball inside the 10-yard ... (more...)
Africa's biggest economy officially enters recession Africa's biggest economy officially enters recession
- September 01, 2016

The country's non-oil sector according to the statistics office declined due to a weaker currency. Specifically, the severe drop in crude oil prices, decline in government revenue, devaluation of the naira and surging inflation rates, in addition to the country's high poverty (70per cent) and unemployment (12.1per cent) rates have had a detrimental effect on the economic security of most Nigerians. (more...)
Tropical Storm Hermine takes aim at Florida
- September 01, 2016

As Tropical Storm Hermine gains strength in the Gulf of Mexico, the storm is forecast to hit the Florida panhandle as a Category 1 hurricane on Thursday. Coastal areas of Georgia and the Carolinas are expected to receive storm total rainfall of up to 18 mm, with local amounts of 250 mm possible through Saturday morning. (more...)
Campbell Soup Company (NYSE:CPB) Campbell Soup Company (NYSE:CPB)
- September 01, 2016

The company had revenue of $1870.00 million for the quarter, compared to analysts expectations of $1908.73 million. BNP Paribas Arbitrage SA raised its stake in Campbell Soup by 66.6% in the fourth quarter. Analyst's mean target price for FIVE is 49.36 while analysts mean recommendation is 2.10. NL Industries Inc. (NYSE:NL) was upgraded by Zacks Investment Research from a "hold" rating to a "strong-buy" rating in a research report issued. (more...)
Famous Brands buys United Kingdom gourmet burger chain in R2.1bn deal Famous Brands buys United Kingdom gourmet burger chain in R2.1bn deal
- September 01, 2016

Famous Brands says it plans to double the amount of Gourmet Burger Kitchen's in the United Kingdom over the next five years. GBK was founded in 2001 and is the market leading premium burger restaurant chain in the UK. Famous Brands , which bought the Wimpy fast food business in the United Kingdom in 2007, said it would look to launch between 10 and 15 GBK sites here each year, expanding the burger chain further into what is an already ferociously competitive casual dining market. (more...)
Dollar jumps to three-week high ahead of U.S Dollar jumps to three-week high ahead of U.S
- September 01, 2016

Korea is already responding with stocks and the won bracing for further depreciation, and the Finance Ministry seeking to resume a currency swap with Japan, the world's third largest economy to get a hold of more dollars to stabilize and buffer the market from the impact of a rate rise. (more...)
A Third Of Labour Members Would Quit If Their Leadership Candidate Lost
- September 01, 2016

Labour will hold a special conference on Saturday, September 24, the eve of its main party conference, to announce the victor. She suggested that the party's hierarchy was doing its "level best" to weed out members who may be planning to support Mr Corbyn's re-election bid. (more...)
General Motors and Ford post drops in sales General Motors and Ford post drops in sales
- September 01, 2016

Nissan sales fell 6.5 percent, with drops for both its namesake brand and the Infiniti premium brand. Sales of the Lincoln MKX SUV rose 50 percent last month. Ford's vehicle sales tumbled 25.4 percent, its SUV sales fell 0.8 percent and its truck sales dropped 1.6 percent. Shares of Ford (F) were rising in early-morning trading on Thursday despite the Dearborn, MI-based automaker posting a decline August auto sales this morning. (more...)
Gold near two-month lows on rate hike worries Gold near two-month lows on rate hike worries
- September 01, 2016

The big U.S.jobs report will be out Friday and the data could weigh on the timing of the next Federal Reserve interest rate hike. Meanwhile, US$1,354 is seen as a key resistance. The pace of rate hikes is heavily dependent on U.S. economic data. The dollar index was little changed at 96.028 after rising to 96.143 overnight, its highest since August 10. (more...)
Record 73 deals signed in bid to boost Africa-Japan trade
- September 01, 2016

Akinwumi Adesina, President of the African Development Bank; and Mr. Shinichi Kitaoka, President of JICA. The meeting took place yesterday evening at the Kenyatta International Conference Center in Nairobi, Kenya. Japan Prime Minister Shinzo Abe said he is committed to making Kenya an investment and coopertation model for Japan to the rest of Africa. Starting this year, Japan will make a $10bn investment in the continent's infrastructure development, focusing on electrical power, ... (more...)
Global stocks rise as investors weigh future of US rates Global stocks rise as investors weigh future of US rates
- September 01, 2016

The dollar index .dxy was little changed at 96.028 after rising to 96.143 overnight, its highest since August 10. Furthermore, household spending declined less than expected by 0.5% year over year in July, compared to market outlooks for a decline of 1.4% and after a reviewed decline of 2.3 percent in the previous month. (more...)
US commander slams Iran for provocative moves in Gulf US commander slams Iran for provocative moves in Gulf
- September 01, 2016

Votel praised the USA sailors' handling of the incidents. On August 25th four of Iran's Islamic Revolutionary Guard Corps ( IRGC) vessels "harassed" a United States warship on Tuesday near the Strait of Hormuz, a USA defense official said. (more...)
Home Entertainment Janatha Garage Movie 1st/ First Day Collections World Wide TG Home Entertainment Janatha Garage Movie 1st/ First Day Collections World Wide TG
- September 01, 2016

Janatha Garage was first scheduled to hit the screens on 12th August 2016 but because of some personal issues movie got postponed for a while but now the wait is over as film is all set to hit the silver screens. Fans and trade predicted that Janatha Garage would surpass USA premieres total of Sardaar Gabbar Singh. As per the buzz of the film, it will break many records on the opening day of release. (more...)
Cavaliers guard Mo Williams considers to retire Cavaliers guard Mo Williams considers to retire
- September 01, 2016

Joe Vardon of The Northeast Ohio Media Group is reporting that Williams is strongly considering retiring from the game. Vardon relayed that Williams' bulky knee, his desire to coach and the opportunity to leave the game as a champion is weighing heavily on the 33-year-old. (more...)
FTSE 100 House Builder Relegated After Brexit FTSE 100 House Builder Relegated After Brexit
- September 01, 2016

In a release after the market close, FTSE Russell said Berkeley will be excluded from the FTSE 100 Index and replaced by Polymetal International Plc. It's shares have been climbing recently on the back of higher gold prices, and are now 130% higher over the past 12 months. The FTSE 100 posted its third straight month of gains in August, as sterling weakness following Britain's Brexit vote prompted investors to buy into the index's internationally-facing companies. (more...)
At Lake Tahoe, Obama links conservation to climate change
- September 01, 2016

President Obama says places like Lake Tahoe are important because they nurture and restore the soul. The Lake Tahoe Summit is an annual event, now in its 20th year. In Nevada, Obama paid tribute to picturesque Lake Tahoe, which at 22 miles long and 12 miles wide would cover all of California with more than a foot of water if it were emptied. (more...)
Kia reveals Rio ahead of Paris show debut Kia reveals Rio ahead of Paris show debut
- September 01, 2016

The auto gets a longer hood and front overhang, while the rear overhang has been shortened for what the manufacturer calls a "more balanced stance". As for its dimensions, the Rio measures in at 4,065 mm long 1,725 mm wide and1,450 mm tall. (more...)
First US commercial flight lands in Cuba in over 50 years
- September 01, 2016

Earlier this summer, the Transportation Department approved six USA passenger airlines including JetBlue and one all-cargo airline to serve cities in Cuba other than Havana. You might technically be breaking the law if you're traveling to Cuba and you're not in one of those categories - and if federal agents show up at your door, you're on your own, friend. (more...)
Tim Cook calls EU's $14.5 billion ruling against Apple 'political crap'
- September 01, 2016

Cook said that the European Commission's move was a backdoor attempt to harmonize tax rates across the European Union, and that Apple had likely been targeted because of anti-U.S. The Irish finance minister, Michael Noonan, is one of the strong backers of an appeal, and has insisted that the country needs to preserve its status as a low-tax base for overseas companies. (more...)

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