Finance


Traders Buy Large Volume of Rio Tinto PLC Put Options (RIO) Traders Buy Large Volume of Rio Tinto PLC Put Options (RIO)
- October 19, 2017

A spokeswoman for Elliott told CNNMoney that the former Rio Tinto chief financial officer "fully refutes" the allegations and "will be vigorously contesting them". Instead, Rio Tinto decided there was a "lack of clarity" around how it would develop the mines so it would not be appropriate to revalue these assets. (more...)
Ford recalls 1.3M F-Series pickups, including 2017 Super Duty Ford recalls 1.3M F-Series pickups, including 2017 Super Duty
- October 19, 2017

Affected trucks are 1.1 million in the United States, more than 222,000 in Canada and 21,000 trucks in Mexico. In affected vehicles, a frozen door latch or a bent or kinked actuation cable may result in a door that will not open or will not close condition. (more...)
IBM's Stellar Move - IBM Debuts Blockchain Banking Across Globe
- October 18, 2017

Services like TransferWire, American Express or Western Union Money Transfer are rather good for savvy customers, but not suitable for small businesses which can not afford the huge transaction costs. The solution is already in production - supporting transactions in 12 currency corridors across the Pacific Islands and Australia, New Zealand, and the United Kingdom. (more...)
Harley-Davidson's (HOG) "Buy" Rating Reiterated at BMO Capital Markets
- October 18, 2017

Weakness in the Financial Services segment, high raw material costs and manufacturing expenses are other concerns for Harley-Davidson. 07/18/2017 - Harley-Davidson, Inc. WARNING: " Zacks Investment Research Downgrades Harley-Davidson, Inc". Harley-Davidson ( HOG ) opened at 46.57 on Tuesday. If you are viewing this article on another website, it was illegally copied and reposted in violation of US & worldwide copyright and trademark laws. (more...)
The cost of being president: Forbes 400 shows Donald Trump's wealth drops
- October 18, 2017

According to a November 2016 feature in Forbes , a costly lawsuit and an expensive presidential campaign also contributed to his drop in wealth. In February 2017, Forbes pegged Trump's net worth at around $3.5 billion , down $1 billion from the previous year. (more...)
Hawks to net two more draft picks in trade with Cavs Hawks to net two more draft picks in trade with Cavs
- October 17, 2017

The 2019 pick will be the lesser pick from the Minnesota Timberwolves and Los Angeles Lakers that had been owed to the Cavaliers , and the 2020 pick is from the Portland Trail Blazers . Jefferson was an important member of the 2016 championship team and the co-host of the popular Road Trippin' Podcast alongside Channing Frye . Richard Jefferson #24 of the Cleveland Cavaliers plays defense during the preseason game against the Indiana Pacers on October 6, 2017 at Quicken Loans ... (more...)
Samsung CEO Out Amid 'Unprecedented Crisis' Samsung CEO Out Amid 'Unprecedented Crisis'
- October 14, 2017

His decision to resign comes at a time when the company tries to clean up its reputation amidst bribery case. In an emotional letter sent to all employees, Kwon said that while announcing his retirement was the most hard thing for him to do, he believed it was the right time and in the best interest of the company, amid continuing controversy around Samsung vice-chairman Lee Jae-yong, arrested on charges of bribery . (more...)
Equifax says it's looking into another possible hack Equifax says it's looking into another possible hack
- October 13, 2017

Equifax Canada says its USA parent company's website has temporarily taken down one of its customer services pages amid reports that another part of its website had been hacked. However, since the breach was reported earlier this year, Equifax has proven again and again that it isn't even capable of that. "Our IT and Security teams are looking into this matter, and out of an abundance of caution have temporarily taken this page offline", his statement added. (more...)
Student used gun he brought into station to shoot officer Student used gun he brought into station to shoot officer
- October 12, 2017

He was held near the Lubbock Municipal Auditorium along with a loaded.45-caliber pistol and a police body camera which was found nearby. "Today is a time for us to mourn and reflect as we stand together to not only honor the courageous officer but also to honor the men and women who risk their lives every day". (more...)
Las Vegas killer described his gambling habits, unusual lifestyle in 2013 lawsuit Las Vegas killer described his gambling habits, unusual lifestyle in 2013 lawsuit
- October 11, 2017

Lombardo again expressed frustration with the pace of the investigation, but not with the investigators who have yet to pinpoint the motive behind the shooter's decision to fire from the 32nd floor of the Mandalay Bay hotel casino on a Las Vegas Strip concert crowd of 22,000 on October 1. (more...)
Netflix Raising Prices On Most Popular Plans Netflix Raising Prices On Most Popular Plans
- October 08, 2017

The standard service , which went from $9.99 a month to $10.99, allows customers to stream shows and movies in HD on up to two screens at once. The price increase has been made for the two most popular subscription plans, while the basic one remains unchanged. (more...)
Retail traders happy with GST relaxation
- October 08, 2017

He said the GST Council agreed to allow SMEs with turnover of up to Rs1.5 crore file their quarterly returns instead of monthly - a relief that would benefit about 90 per cent of taxpayers in the country. Immediate relief is being given by extending the advance authorization (AA), export promotion capital goods (EPCG) and 100 per cent export-oriented unit (EOU) schemes to sourcing inputs from overseas as well as domestic suppliers. (more...)
Divided Uber board reaches peace with SoftBank, governance deal Divided Uber board reaches peace with SoftBank, governance deal
- October 06, 2017

Adding a new twist to ongoing drama at Uber, a group of prominent investors in the ride-hailing startup is threatening to sue if a contentious board vote Tuesday doesn't go its way. On Tuesday, Khosrowshahi - who has apologized to Londoners for the firm's mistakes- will meet TfL's Commissioner Mike Brown in a bid to fix a fraught relationship between the regulator and the taxi app, which has prompted strong opposition from unions and traditional taxi drivers over working rights. (more...)
BSF Camp Near Srinagar Airport Attacked BSF Camp Near Srinagar Airport Attacked
- October 05, 2017

Police suspect these four terrorists might have sneaked into Srinagar city. Terrorists carried out a suicide attack on Tuesday on a Border Security Force ( BSF ) camp near Srinagar International airport, in Jammu and Kashmir . However, during first contact, BSF troops eliminated one terrorist forcing the remaining forces to move towards two different buildings, including an empty administrative building. (more...)
Indian liquor mogul Vijay Mallya arrested in United Kingdom for second time Indian liquor mogul Vijay Mallya arrested in United Kingdom for second time
- October 04, 2017

However, the CBI had submitted extradition request in respect of Mallya regarding the case under the Indian Penal Code (IPC), 1860 and Prevention of Corruption Act, 1988 for his extradition from the United Kingdom. The charges are part of an investigation into defaults of loans worth around Rs9,000 crore by Mallya's defunct Kingfisher Airlines Ltd. Chief Magistrate Emma Louise Arbuthnot has been hearing Mallya's extradition case at Westminster Magistrates' Court on his previous arrest ... (more...)
Ukip: A timeline of the party's turbulent history Ukip: A timeline of the party's turbulent history
- October 03, 2017

Bolton faces a considerable task in heading a party whose share of the vote fell to 1.8% at the last general election from 12.6% in 2015. The party entered a period of chaos following its victory in European Union referendum: Farage resigned and was replaced by Diane James , who herself quit after just 18 days. (more...)
CAA issues deadline to Ryanair on cancellation policy CAA issues deadline to Ryanair on cancellation policy
- September 30, 2017

Ryanair must offer them a refund or the option of re-routing, including one with another airline, and tell them how to make a claim for expenses. The airline faces an investigation after scrapping another 18,000 flights this winter, leading to accusations it had "cancelled Christmas" for 400,000 passengers. (more...)
Free Coffee! Friday is National Coffee Day, here's where to snag deals Free Coffee! Friday is National Coffee Day, here's where to snag deals
- September 30, 2017

Dunkin Donuts ( DNKN ) customers can get a free medium coffee with the purchase of any hot coffee sized medium or larger. If you're in one of 750 participating Wawa locations in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, or Florida, you can enjoy a free cup of coffee in any size. (more...)
Gold slides as dollar surges on Fed rate hike view Gold slides as dollar surges on Fed rate hike view
- September 28, 2017

Labour market conditions that are not as tight as official bodies believe could be one of these mistaken assumptions, according to Yellen, so too is the FOMC's estimation of the extent to which changes in employment impact on inflation. (more...)
IOS 11 deals a blow to Uber's creepy location tracking habit IOS 11 deals a blow to Uber's creepy location tracking habit
- September 23, 2017

You can also customise the layout by adding and removing different menu options. Apple Music users can now connect with their friends on the Music app itself. The latest version of Apple's mobile OS, iOS 11 was made available for download this week and will ship with the company's recently announced iPhones. (more...)