Markets


Passenger plane approaching Heathrow 'had near-miss with drone' Passenger plane approaching Heathrow 'had near-miss with drone'
- November 17, 2016

The plane was approaching Heathrow Airport on July 18 and flying at almost 5,000 feet (1,525 meters) when the pilot spotted a 50-centimeter (20-inch) drone off the right flight deck window. The incidents underscored the fears of many aviation experts about the growing popularity of drones. The drone was only 20m from the plane - too close for the pilot to dodge. (more...)
Pension exit fee cap to come into force in March 2017 Pension exit fee cap to come into force in March 2017
- November 17, 2016

The cap will come into effect from 31 March. However, there have been complaints that some providers are insisting that savers pay exit penalties of up to 20 per... New schemes entered into after 31 March can not impose any kind of early exit charges. 'More than eight out of 10 customers are unaffected by early exit charges. (more...)
Banks still grapple with huge rush, most ATMs run dry
- November 17, 2016

To this, Mr Jaitley said that we couldn't have calibrated ATMs for the new Rs 2,000 and Rs 500 notes to maintain secrecy. At the same time, united opposition mounted an assault on the government over demonetisation, saying it had led to "economic anarchy" in the country and alleged selective leak of the information before the announcement which should be probed by a Joint Parliamentary Committee. (more...)
Royal Mail targets higher cost savings Royal Mail targets higher cost savings
- November 17, 2016

While the decline of "snail mail" is a long-term trend, few had expected an 8 per cent dive in marketing mail in the United Kingdom, especially in a... Total letter revenue decreased by 3%. It said it was still being hit by last year's rollout of Amazon's delivery network, but was beginning to replace the lost revenues by boosting its business-to-business account parcels offering. (more...)
How Wal-Mart Has Changed in the past year How Wal-Mart Has Changed in the past year
- November 17, 2016

Analysts expect the company to announce earnings of $0.96 per share and revenue of $118.61 billion for the quarter. We saw this in the second quarter this year when the company reported nearly 3% organic sales growth. BKS Advisors LLC bought a new stake in shares of Wal-Mart Stores during the third quarter worth approximately $110,000. Competition from Amazon.com (NASDAQ: AMZN) and, to a lesser extent, Costco Wholesale has forced Wal-Mart to rethink its longtime strategy. (more...)
Police investigate what led gunman to kill airport worker, National Football League player's father
- November 17, 2016

The Kansas City Chiefs are rallying around long snapper James Winchester, whose father Michael was killed by a former Southwest Airlines employee outside of an Oklahoma City airport. Local media say officers are believed to be searching for a second shooting victim. Will Rogers World Airport in Oklahoma City has resumed operations after being closed for several hours following a fatal shooting. (more...)
Tesla will start charging to use Superchargers Tesla will start charging to use Superchargers
- November 17, 2016

The Grohmann Engineering headquarters located in Prüm, Germany will serve as the base for what Tesla calls Tesla Advanced Automation Germany. Grohmann now has around 700 employees. Gigafactory 1, which is located in Sparks, Nevada, is still under construction. "There's no question that long-term Tesla will have at least one - and maybe two or three - vehicle and battery factory locations in Europe". (more...)
Australian full-time employment rises in October
- November 17, 2016

Australian Bureau of Statistics data released today shows South Australia's unemployment rate (seasonally adjusted) dropped from 6.7 per cent in September to 6.4 per cent in October - equal with Tasmania and better than Western Australia (6.5 per cent). (more...)
Congress says demonetisation no war against black money Congress says demonetisation no war against black money
- November 17, 2016

Characterizing government intention to fight fake currency as without basis, the statement says , "As per the Indian Statistical Institute, Kolkata, study, done on behalf of the National Investigation Agency (NIA), Rs 400 crore worth of fake currency is in circulation". (more...)
Standard Chartered (LON:STAN) Issued With 'Neutral' Rating At UBS Standard Chartered (LON:STAN) Issued With 'Neutral' Rating At UBS
- November 17, 2016

While it's Return on Investment (ROI) value is 8.3%. On Monday, September 19 the stock rating was maintained by Jefferies with "Buy". Finally, Ngam Advisors L.P. Citigroup Inc. reaffirmed a "sell" rating on shares of Lloyds Banking Group PLC in a research note on Wednesday, August 31st. Societe Generale reissued a hold rating and set a GBX 2,820 ($35.23) price objective on shares of Derwent London Plc in a report on Friday, August 12th. (more...)
Obama warns politicians to take heed of Trump success Obama warns politicians to take heed of Trump success
- November 17, 2016

Obama is holding a joint news conference in Athens with Greece's prime minister. Europeans ought to know from their 20th century history of authoritarian rule what happens when they start "dividing themselves up and emphasizing their differences", Obama said . (more...)
Dollar pulls back ahead of Yellen testimony Dollar pulls back ahead of Yellen testimony
- November 17, 2016

NY time, reaching its strongest since June, and 0.1 percent to $1.0722 per euro. The odds of an increase in interest rates by December have risen to about a 94 per cent probability, the highest level this year, from 68 per cent at the start of November, on speculation the Republican's policies will boost inflation. (more...)
OPEC Talks Cuts Thursday In Doha, Oil Weakens
- November 17, 2016

Russia has also expressed willingness to support an OPEC decision to freeze output, Russian Energy Minister Alexander Novak said. Coordinating across all 14 members, however, could present obstacles and a report Wednesday from Bloomberg News said Iran and Iraq won't be sending top-level ministers to the next round of talks in Doha. (more...)
Google takes on India's sanitation problems with toilet-finding tool Google takes on India's sanitation problems with toilet-finding tool
- November 17, 2016

The Urban development ministry and Google together will fight will the problem by providing people with the ability to search toilets in Maps by typing in related words, either in English or native languages. This facility will empower the users with the knowledge of the condition of toilets around them. This means that people will be able to rate the cleanliness of the toilet they last searched via Google Maps, or even leave a review, just as they would for any other public establishment on ... (more...)
Israeli government for amnesty of West Bank settlements Israeli government for amnesty of West Bank settlements
- November 17, 2016

Palestinian leaders on Monday denounced controversial Israeli draft bills - one authorising illegal settlements, the other silencing calls to prayer - threatening to take the issues to the United Nations Security Council. "We hope it doesn't become law". Israeli Prime Minister Benjamin Netanyahu is supporting a bill that aims to quieten calls to prayer for Muslims. (more...)
Trump attacks 'fools' at The New York Times
- November 17, 2016

On 13 November, Trump had also on Twitter stated that New York Times was now remorseful over the way it covered his campaign for presidency. "Also, I have spoken to many foreign leaders". US President-elect Donald Trump has returned to Twitter to denounce reports of disorganisation in his team overseeing his transition to the White House in January. (more...)
Vodafone Group Plc (ADR) (NASDAQ:VOD) Stocks Shed -0.59% in Premarket
- November 17, 2016

The company's stock has a Return on Assets (ROA) of 0 percent, a Return on Equity (ROE) of 0 percent and Return on Investment (ROI) of -1.9 percent. During the past trading session, shares of Vodafone Group Plc (NASDAQ:VOD) traded +0.08%. (more...)
Iraqi forces assessing damage to Nimrud site
- November 17, 2016

As the battle grinds on, Iraq's paramilitary forces have been fighting ISIS militias in areas west of the city as they seek to pave the way for Iraqi troops to enter Tal Afar, about 70 kilometers (43 miles) west of Mosul. "We can not move our tanks and armored vehicles into the districts until our forces take control of the alleys", he said. A 3-year-old girl was killed and five others were wounded from mortar shells fired by militants into the street. (more...)
Trump denies FAKE story on family security clearances
- November 17, 2016

This is the former mayor of New York , Rudy Giuliani , one of the key figures of Donald Trump's staff, now vice president of the transition team, who confirmed to CNN , the number of relief of Republicans. "He's going to make sure that we have the absolute best people", Mr. Miller said. Though they were an integral part of his campaign team, Mr. Trump's children have all stated that they will not hold formal roles in the government. (more...)
Halbert Hargroverussell Lowers stake in JPMorgan Chase & Co. (JPM) Halbert Hargroverussell Lowers stake in JPMorgan Chase & Co. (JPM)
- November 17, 2016

Company stock is -16.06% away from its one year high and is moving 20.66% ahead of its one year low. (NYSE:JPM) shares were trading -1.34% below from the 52-week high mark of $80.44 and +54.58% above from the 52-week bottom of $51.34. The projected growth estimate for the next quarter is 14.8 percent. 28 Financial Analysts covered the company's stock. JPMorgan Chase & Co. has reportedly reached an agreement with federal authorities to pay more than $250 million to settle accusations that ... (more...)

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