Markets


China Continue To Experience Air Pollution, Smog Disrupts Daily Activities China Continue To Experience Air Pollution, Smog Disrupts Daily Activities
- January 03, 2017

Hebei province has adopted a "zero tolerance" stance to environmental violations, while officials in Henan, Shandong and Hebei provinces have jointly pledged to completely eradicate environmental violations. China's educated middle-class is increasingly intolerant of the bad air, which some blame on lack of enforcement by government. The Beijing Municipal Environmental Protection Bureau extended an "orange alert" for heavy air pollution for three more days. (more...)
Bajaj Auto Ltd announces 22% drop in sales during December 2016 Bajaj Auto Ltd announces 22% drop in sales during December 2016
- January 03, 2017

Bajaj Auto is now trading at Rs. 2571.00, down by 62.85 points or 2.39% from its previous closing of Rs. 2633.85 on the BSE. So far 19,000 shares were traded on the counter. The company has sold 22217 commercial vehicles during December 2016, a drop of 46% year-on-year in comparison with sales of 41221 commercial vehicles during December 2015. (more...)
Hyundai and Kia target 2017 sales of 8.25 mn units
- January 03, 2017

Hyundai Motor shares fell for a third straight year in 2016, down 2 percent, while Kia Motors was the worst-performing stock among major auto makers with a 25 percent slump. Specifically, Hyundai Motor Company sold 658,642 cars in South Korea and 4,201,407 out of the country, down 7.8% and 1.2% from a year ago, respectively. (more...)
Twin Explosions in Baghdad Kill at Least 30 Twin Explosions in Baghdad Kill at Least 30
- January 03, 2017

The two suicide bombers were wearing explosive belts, said Brigadier-General Saad Maan, spokesman of the Iraqi interior ministry's Baghdad Operations Command. The attacks came after French President Francois Hollande arrived in Baghdad to meet the French forces helping Iraq in the fight against Daesh. He then flew to the northern city of Arbil, the capital of Iraq's autonomous Kurdish region, where he met local leader Massud Barzani. (more...)
Tesla rolls out Enhanced Autopilot update to 1000 new hardware-packed cars Tesla rolls out Enhanced Autopilot update to 1000 new hardware-packed cars
- January 03, 2017

For example, Germany asked Tesla in October to no longer use the term "autopilot" in its promotional materials after the German Federal Highway Research Institute released a report calling autopilot a "considerable traffic hazard". The update comes after the company fixed a bug that prevented its vehicles from booting while operating in sub-zero temperatures. These features include Autopilot's Traffic Aware Cruise Control, Forward Collision Warning, and Autosteer at low speeds. (more...)
Customs computer outage affects airports across the country Customs computer outage affects airports across the country
- January 03, 2017

The outage affected the Atlanta and Miami airports earlier in the evening. A Customs and Border Protection department spokesman told NBC News that there had been a disruption at several airports and was "taking immediate action to address the technology disruption". (more...)
Queens Man Charged in $1.2M Fentanyl Bust Queens Man Charged in $1.2M Fentanyl Bust
- January 03, 2017

The child was later flown to Tufts Medical Center via MedFlight and is now in stable condition. But doctors told police her test results showed she had the powerful opioid fentanyl in her system. A Queens man has been arrested in MA after cops found him with over $1 million worth of fentanyl, Methuen Police Department officials said. Police responded to a home on Treetop Way Saturday afternoon after receiving a report that the child was not breathing. (more...)
PM Modi to address the nation at 7.30pm PM Modi to address the nation at 7.30pm
- January 03, 2017

PM Modi had last addressed the nation on November 8 to announce demonetisation of old Rs 500 and Rs 1,000 notes to root out corruption and black money from the country. "Three crore 'Kisan Credit Cards" will also be converted to RuPay Cards within three months to help farmers purchase inputs anywhere. "This will help reduce the reduce deaths of mothers during childbirth", he said. (more...)
Bitcoin's started 2017 with a bang surging past $1000 Bitcoin's started 2017 with a bang surging past $1000
- January 03, 2017

But bitcoin's value came crashing down a few months later when Mt. Gox, which was then the largest processor in the world of bitcoins, admitted that it had lost $450 million U.S. Besides that, bitcoin also attracts those who are anxious about a lack of supply of cash like in India, where Prime Minister Narendra Modi eradicated high-denomination bank notes from circulation last November. (more...)
Deal to cut oil supplies fuels rise in petrol price Deal to cut oil supplies fuels rise in petrol price
- January 03, 2017

A survey from the Federal Reserve Bank of Dallas found 58 percent of the respondents believe the agreement will not be enforced. Analysts are sceptical about the strength of the pact between Opec members and non members but expect the agreement, which became binding yesterday, to prop up prices. (more...)
Axel Witsel set to swap Russian Federation for China in mega-money move Axel Witsel set to swap Russian Federation for China in mega-money move
- January 02, 2017

Witsel, 27, nearly joined Juve in the summer but the move fell through and a deal was expected to be completed in the January transfer window ahead of him becoming a free agent at the end of the season. Then who knows, maybe one day in the future our paths will finally meet'. Belgium worldwide Witsel has won one Russian Premier League title, one Russian Cup and two Russian Super Cups since joining Zenit from Benfica in 2012 in a move worth €40m. (more...)
Cowboys quarterback Tony Romo makes cameo
- January 02, 2017

He broke his clavicle on two separate occasions a year ago and with the emergence of Prescott, there is rampant speculation that he will be traded to a different contender in the offseason. "Scoring a touchdown in the National Football League is an opportunity that not too many people get". This isn't a game that matters at this point for the Cowboys, but it gives the Eagles a chance to finish their lackluster season on a slightly positive note . (more...)
Giants-Redskins final score: Giants defeat Washington, 19-10
- January 02, 2017

Manning passed for 180 yards and Paul Perkins rushed for 102 yards, but it was the Giants' defense that carried the day, shutting out Washington in the first half as Cousins was sacked three times and Washington managed only 83 yards of offense. (more...)
Wall of wheelie bins erected as saltwater crocodile crawls into Queensland backyard Wall of wheelie bins erected as saltwater crocodile crawls into Queensland backyard
- January 02, 2017

The news was relayed in a joke-ladened emailed media release, sent by Queensland Police media on the morning of New Year's Day, entitled "Now that's a croc, aye Karumba". "We've been here for almost 10 years and we've never seen that happen, like [a crocodile] come up onto the road and come up to where people stay". Hay bales were also used to create the makeshift enclosure. (more...)
NRIs overseas till Dec 31 can exchange defunct notes by June 30 NRIs overseas till Dec 31 can exchange defunct notes by June 30
- January 02, 2017

However, this facility is subject to Foreign Exchange Management (Export and Import of Currency) Regulations, 2015, in which bringing back such type of currency into India is limited to Rs.25,000 per person. The residents who are returning from Bhutan and Nepal are not allowed to carry old Rs.500 and Rs.1,000 notes. The statement added that no third party tender will be accepted under the facility. (more...)
Inside Tesla's Autopilot 2.0 roll out: release notes and screenshots Inside Tesla's Autopilot 2.0 roll out: release notes and screenshots
- January 02, 2017

The lawsuit reads, " The vehicle spontaneously began to accelerate at full power, jerking forward and crashing through the interior wall of the garage, destroying several wooden support beams in the wall and a steel sewer pipe, among other things, and coming to rest in Plaintiffs' living room ". (more...)
Kathy Chen tweets it is 'right time' for her to leave company Kathy Chen tweets it is 'right time' for her to leave company
- January 02, 2017

Chen joined Twitter in April, and was nearly immediately caught in controversy, with some users questioning her ties with the ruling Chinese Communist Party. Chen had previously worked for Cisco and Microsoft, before taking over Twitter's Chinese division in April 2016 in a controversial appointment due to her previous work with China's Ministry of Public Security. (more...)
Prime Minister Narendra Modi Address 'Parivartan Rally 'in Lucknow Prime Minister Narendra Modi Address 'Parivartan Rally 'in Lucknow
- January 02, 2017

The PM also said that even though the BJP has not been in power in Uttar Pradesh, that doesn't bother him and his party. "After 14 years, another chance of return of development in the state I can see today", he said. "When have you seen the SP and the BSP talking in one voice? You decide what we want to remove". As for Samajwadi Party, Modi remarked that it is busy in trying to save the Yadav family from splitting. (more...)
India Dec Nikkei Manufacturing PMI drops to 49.6 in December India Dec Nikkei Manufacturing PMI drops to 49.6 in December
- January 02, 2017

Analysts surveyed by Bloomberg had expected an average of 51.5 for December. In turn, quantities of purchases were scaled back and employment lowered. Pollyanna De Lima, economist at IHS Markit , which compiles the survey, said "Shortages of money in the economy steered output and new orders in the wrong direction, thereby interrupting a continuous sequence of growth that had been seen throughout 2016". (more...)
New pound coins come into use this March New pound coins come into use this March
- January 02, 2017

The new pound coin. Our combined input into the project means we're confident the new coin will address the issue of counterfeit coins for businesses and the general public alike, and will prove highly secure for customers to use. If the coins were put side by side, it is believed there would be enough to stretch from the United Kingdom to New Zealand... and back again. The Automatic Vending Association estimates it will cost the industry £32 million ($39 million) to ensure the 500,000 ... (more...)

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