Markets


Airtel Opens India's First Payments Bank, Offers 7.25% Interest Airtel Opens India's First Payments Bank, Offers 7.25% Interest
- November 23, 2016

With this pilot launch Airtel is testing systems and processes ahead of a full scale pan-Indian launch. Customers across Rajasthan will now be able to open bank accounts at Airtel retail outlets, which will also act as Airtel banking points and offer a range of basic, convenient banking services. (more...)
Chance of a Fed rate hike in December? 100%
- November 23, 2016

The market-implied odds of action at the central bank's December 13-14 meeting have reached 100 percent, according to Bloomberg calculations based on futures. currency against 10 major peers, reached the highest since February. In other words, after December, there will only be one or two more hikes over the next nine months. (more...)
Thousands of Green Cards Have 'Simply Gone Missing,' IG Says Thousands of Green Cards Have 'Simply Gone Missing,' IG Says
- November 23, 2016

Now it doesn't have the resources to track them all down. Electronic system errors have caused at least 19,000 cards to be issued as duplicates or with incorrect information, such as names, dates of birth, photos and gender, among other errors, the report says. (more...)
The Wichita Fire Department has a few reminders
- November 23, 2016

Be prepared . Keep a large pan lid or baking sheet handy in case you need to smother a pan fire. Cooking it right will kill those bacteria, however, washing the bird can spread them all over the kitchen - bacteria can land up to three feet away . (more...)
IN state parks offering free admission on Black Friday IN state parks offering free admission on Black Friday
- November 23, 2016

If you're looking to avoid the crowds altogether on Black Friday, but you still need something to do, the Indiana State Parks are trying to fill that void. Indiana State Parks is inviting visitors to take a selfie at a recognizable location at the property they visit and post it on the division's Facebook page, tagged with #OptOutside or #OptOutsideIN. (more...)
US applications for unemployment aid rose last week US applications for unemployment aid rose last week
- November 23, 2016

Jobless claims rose by 18,000 to 251,000 in the period ended November 19, a Labor Department report showed Wednesday. The previous week's figure was revised to 233,000 from a 43-year low of 235,000. A Labor Department analyst said there were no special factors influencing last week's data and that no states had been estimated. The broader US job market has posted steady if unspectacular gains in recent months. (more...)
I don't want to hurt Clinton, she has really suffered I don't want to hurt Clinton, she has really suffered
- November 23, 2016

A half-hour after his original tweet this morning, Trump complained on Twitter that the Times continues "to cover me inaccurately and with a nasty tone!" Trump said the publication tried to change the terms of the meeting. Mitchell was saddened that Trump doesn't feel like he needs the conventional media and "that the public doesn't care". A top adviser said Trump is now focused on matters that are essential in setting up his administration, not on comments he made during the heat ... (more...)
Letting agents banned from charging fees to tenants
- November 23, 2016

Campbell Robb, Shelter's chief executive, welcomed the move on the new investment in affordable housing but said the "devil will be in the detail". Elsewhere, in his Autumn Statement, the chancellor announced a housing package which he said should more than double annual capital spending on housing over the course of this parliament. (more...)
Big 12 playoff tracker: Oklahoma schools surging, but also hoping for help Big 12 playoff tracker: Oklahoma schools surging, but also hoping for help
- November 23, 2016

Ohio State , Michigan and Clemson have one loss each. If Alabama remains ranked No. 1 on December 4, it would play in the Peach Bowl because the selection committee's guidelines call for the top seed to generally be assigned to the semifinal nearest its campus. (more...)
Shareholders Approve Tesla-SolarCity Merger
- November 23, 2016

According to Electrek , Musk said, "Model 3, from the beginning we said free charging is not included in the Model 3 - free unlimited charging is not included, so, free long distance is, but not free local". Musk and other company insiders recused themselves from the shareholder vote on the SolarCity acquisition. The combined companies would target homeowners in a bid to sell Tesla's all-electric vehicles, solar panels and batteries, enabling customers to power their cars and homes with ... (more...)
Volkswagen to cut up to 30000 jobs globally to reduce expenses
- November 23, 2016

WOLFSBURG, Germany Volkswagen (VOWG_p.DE) and its powerful labor unions agreed to cut 30,000 jobs at the core VW brand in exchange for avoiding forced redundancies in Germany until 2025, a compromise which leaves the carmaker's profitability still lagging rivals. (more...)
Number of flights from Dublin Airport cancelled as airline pilots strike
- November 23, 2016

The Lufthansa Group also includes carriers such as Austrian Airlines, Brussels Airlines, Swiss and Eurowings, though only Lufthansa pilots are striking. The airline said it had canceled 876 of roughly 3,000 flights scheduled for Wednesday, affecting about 100,000 passengers. Lufthansa , which expects the strike will cost seven million to nine million euros ($A10 million to $A13 million) a day, will give details of Thursday's cancellations later on Wednesday. (more...)
EpiPen manufacturer will be a no-show at Senate hearing EpiPen manufacturer will be a no-show at Senate hearing
- November 23, 2016

An attorney for Mylan said in a November 18 letter to the Senate Judiciary Committee, executives refuse to testify because the settlement is pending and the Justice Department would also not be attending. Grassley hit back, saying the Obama Administration officials are " dodging accountability for an expensive problem" and Mylan is following that "bad example". (more...)
China touts its own trade pact as US-backed TPP withers China touts its own trade pact as US-backed TPP withers
- November 23, 2016

Key said: "The United States is not an island". China also called at APEC for progress on a separate arrangement, the Free Trade Agreement of the Asia Pacific. It is a more traditional trade agreement, involving cutting tariffs rather than opening up economies and setting labor and environmental standards as TPP would. (more...)
Driver in deadly Tennessee school bus crash was speeding, police say
- November 23, 2016

Police have said they're looking at "excessive speed" as the main factor. Police said Walker was driving over the posted 30 miles per hour limit when he lost control of the bus , which was not equipped with seat belts. Children have been telling their parents about the bus accident and these Moms are speaking out. School bus driver Johnthony Walker called his mother to tell her he had been in a "drastic accident". (more...)
What Autumn Statement will contain
- November 23, 2016

While this is £5.6bn less than a year ago, the Office for Budget Responsibility (OBR), warned last month that the current borrowing target of £55.5bn for this fiscal year was "very unlikely to be met". "The productivity gap is well known, but shocking nonetheless", Hammond told lawmakers. The growth and deficit expectations could make for grim reading; the former will likely be relatively unchanged in the short-term, but long term projections should be marked lower. (more...)
Madison Square Garden hit by data breach Madison Square Garden hit by data breach
- November 23, 2016

Card-issuing banks recently notified MSG of suspicious transaction patterns, which led to an investigation by MSG and confirmation of the infection in the last week of October, it said. The point-of-sale systems are now safe, but MSG advises customers who visited venues during that period to check their credit card statements for unauthorized purchases. (more...)
Paytm 'App POS' Lets Merchants Use App to Accept for Card Payments Paytm 'App POS' Lets Merchants Use App to Accept for Card Payments
- November 23, 2016

Transaction can be done without having a Paytm account. Even if the customers do not have the app, the shopkeeper can generate the bill and ask the customer to enter the credit or debit card details in the app. With this application, we can eliminate the requirement of a physical machine with the vendor. The new solution, which will enable traditional businesses and merchants -which were using swipe machines, to use Paytm's POS app for accepting card payments. (more...)
Leerink Swann Brokers Lift Earnings Estimates for Thermo Fisher Scientific Inc. (TMO)
- November 23, 2016

They now have a Dollars 176 price target on the stock. The company has an Average Rating of 1.60 based on analysts tracked by Thomson Reuters. Thermo Fisher Scientific Inc had its "buy" rating reiterated by analysts at UBS. The EPS predictions confirmed seven and 30 days ago were $2.1 and $2.1 respectively. This represents a $0.60 dividend on an annualized basis and a yield of 0.41%. (more...)
Affordable housing to top the agenda in Autumn Statement Affordable housing to top the agenda in Autumn Statement
- November 23, 2016

More than a third (35 per cent) say the most important issue is medium term economic certainty for the markets, followed by the cost of living, which is expected to rise next year following warnings from Mark Carney last week. National Express Group Plc and FirstGroup Plc each advanced at least 1.6 percent on Hammond's plan to invest an additional 1.1 billion pounds in English local transport networks, before trimming more than half the stock gains. (more...)

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