Finance

Finance China's Nio Competes with Tesla's Model X
Author: 0 China's Nio Competes with Tesla's Model X

Li added that Tesla might sell less, once the ES8 is out, or more likely, since the market is now growing, they will maintain growth. "It's hard to say". China's state-backed fervour to push the EV market and its technology has attracted worldwide giants such as BMW and Volkswagen to join the fray alongside Chinese tech titans Baidu, Alibaba and Tencent .

Finance Tillerson Says North Korea Has to Stop Nuclear Tests Before Any Talks
Author: 0 Tillerson Says North Korea Has to Stop Nuclear Tests Before Any Talks

Still, Tillerson had planned to reiterate his call at a special United Nations ministerial meeting on North Korea at the council Friday morning. North Korea continues to develop its nuclear and missile capabilities. Even though North Korea was under "the toughest sanctions backed by the United Nations that we've ever seen", according to Cha, "that has not impeded them from making developments in terms of the program".

Author: 0 UIDAI suspends Airtel's Aadhaar-linked e-KYC services

The suspension of eKYC license means Airtel can not carry out electronic verification of SIM cards using the 12-digit Aadhaar identity till the temporary ban lift. In order to check diversions, the government pays subsidy equivalent to buying 12 LPG cylinders of 14.2 kg each in a year, directly into the bank accounts of beneficiaries.

Finance Bitcoin Futures Trading Begins On CME Group
Author: 0 Bitcoin Futures Trading Begins On CME Group

Meanwhile, TradeStation President John Bartleman recently said in an interview that the brokerage is looking at additional ways for clients to trade the likes of bitcoin either via a partnership with existing exchanges or by becoming an exchange itself.

Finance Campbell buys Snyder's-Lance for $4.87 billion
Author: 0 Campbell buys Snyder's-Lance for $4.87 billion

The acquisition of Snyder's-Lance will accelerate Campbell's strategy and is in line with our goal, 'real food that matters for life's moments.' It will provide our consumers with an even greater variety of better-for-you snacks. The fund bought 6,771 shares of the company's stock, valued at approximately $258,000. Capital Fund Mgmt has invested 0.01% in Snyder's-Lance, Inc. Goldman Sachs Group Inc.

Finance CSX railroad CEO Harrison dies at 73
Author: 0 CSX railroad CEO Harrison dies at 73

In November, Harrison stopped short of laying out a succession plan for the company but said he was "trying to stay back a little bit" to give his management team space to steer through a major operations overhaul. Harrison had taken medical leave on Thursday, sending shares of the third largest US rail company tumbling in pre-market trading. Kelly called Harrison's death "a major loss" to the company but said they would try to implement some of the ideas Harrison had for the railroad before ...

Finance Thales agrees to buy Gemalto in digital security deal worth ~$5.43BN
Author: 0 Thales agrees to buy Gemalto in digital security deal worth ~$5.43BN

Defense and aeropsace company Thales will pay 51 euros in cash for each Gemalto share, representing a 57% premium over Gemalto's closing price on December 8, according to the statement. Financial Times says the combined business will generate €3.5 billion in sales, and should rank among the top three players worldwide in the digital security market.

Finance Pension reforms too late for middle-aged, says Sir Steve Webb
Author: 0 Pension reforms too late for middle-aged, says Sir Steve Webb

At present, employers must contribute 1.0% of an employee's qualifying earnings while employees pay in 0.8% of earnings, although they enjoy the benefit of tax relief on contributions. Steve Webb, the former Pensions Minister who oversaw the introduction of auto-enrolment in late 2012, says the recommendations announced today to extend the regime to more workers are "shockingly lethargic".

Finance ASA considers investigation into Amazon delivery time claims
Author: 0 ASA considers investigation into Amazon delivery time claims

The Advertising Standards Authority has set its sights on Amazon, saying the online retail giant could be investigated after receiving complaints about its premium delivery service. According to the site's guidance , an order placed with Amazon's one-day delivery service "will be dispatched with the intention that it's delivered one day after dispatch".

Finance Toyota to market over 10 battery EV models in early 2020s
Author: 0 Toyota to market over 10 battery EV models in early 2020s

The company said it would increase the range of fuel cell vehicle models, an area of focus, on offer by the next decade, and would do the same for hybrid vehicles and plug-in hybrid vehicles. The automaker also has an annual sales target of 5.5 million electrified cars, or roughly half of its total sales, by 2030. At the moment, supply of EV batteries is dominated by a huddle of producers including LG Chem ( 051910.KS ) and Panasonic.

Finance United States tech giant Oracle is buying Australia's Aconex for $1.6 billion
Author: 0 United States tech giant Oracle is buying Australia's Aconex for $1.6 billion

Oracle has announced that it has entered into an agreement to acquire Aconex, a cloud-based solution that manages team collaboration for construction projects, for about US$1.2 billion. Aconex has faced a turbulent time over the past year, with its shares plunging almost 50 per cent in January after a profit warning that followed several acquisitions and which has led to the company's stocks being among the most shorted on the ASX.

Author: 0 Segment Wealth Management LLC Invests $269000 in Comcast Corporation (CMCSA)

The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 1.06. The stock of Comcast Corporation (NASDAQ: CMCSA ) has "Buy" rating given on Thursday, December 17 by Pivotal Research. UBS downgraded T. Rowe Price Group, Inc. Analysts await Masimo Corporation (NASDAQ:MASI) to report earnings on February, 13. Bernstein has "Outperform" rating and $83 target.

Author: 0 Decatur Capital Management INC Has Raised Stake in Apple INC (AAPL)

Marble Harbor Investment Counsel Llc who had been investing in Disney Walt Co for a number of months, seems to be bullish on the $167.06 billion market cap company. It is positive, as 62 investors sold AAPL shares while 1068 reduced holdings. 129 funds opened positions while 634 raised stakes. They expect $3.75 EPS, up 11.61% or $0.39 from last year's $3.36 per share.

Finance Unilever to sell Spreads business to KKR private equity for €6.825 bn
Author: 0 Unilever to sell Spreads business to KKR private equity for €6.825 bn

Unilever Chief Financial Officer Graeme Pitkethly said in June that the company was hoping to get a deal done by the end of the year and was open to evaluating offers for all or parts of its shrinking business. Unilever said it meant to return the net cash realised from the sale to shareholders, "unless more value-creating acquisition alternatives arise". The deal reached with Unilever should close by the middle of 2018, subject to approvals by regulators and employee consultations.

Finance Power Outage at Atlanta Airport Snarls Operations
Author: 0 Power Outage at Atlanta Airport Snarls Operations

She shot this image at 1:10 p.m. ET. An average of 275,000 passengers use Hartsfield-Jackson International Airport every day, according to its website. In an emailed statement, the Federal Aviation Administration said it had put "a ground stop" for flights headed to the airport because of the outage, adding that the F.A.A.

Finance Strike over Teva Pharm job cuts briefly shuts down Israel
Author: 0 Strike over Teva Pharm job cuts briefly shuts down Israel

The cost-cutting plan revealed Thursday by Teva CEO Kåre Schultz showcases an intention to transform Teva into a lean and efficient generic drug company, much like main competitor Mylan. At a weekly cabinet meeting, Netanyahu said that he is going to meet with Teva's Danish boss Kare Schultz during the coming week. Both Netanyahu and Finance Minister Moshe Kahlon said they meant to meet with Teva's CEO Kare Schultz when he visits Israel.