Finance

Finance UN nuclear watchdog's chief inspector resigns
Author: 0 UN nuclear watchdog's chief inspector resigns

The IAEA has said repeatedly that according to the Agency's inspectors on the ground in Iran, no violations of the agreement had taken place, and there has been no evidence of any activity relating to any "nuclear explosive device", after 2009.

Finance Walmart to open 50 new stores in India
Author: 0 Walmart to open 50 new stores in India

Walmart who is buying a controlling stake on Flipkart will invest $2 billion in fresh equity. The reason for this potential flip-flop is being attributed to a hefty tax burden that a short-term exit from Flipkart will attract for Softbank .

Finance Flying cars is the future of travel, Uber says
Author: 0 Flying cars is the future of travel, Uber says

Space Agency said they are experimenting on prototypes at Dallas fort worth global Airport. The recent news tells us that Uber is going to introduce air mobility through the flying taxi . "It will allow the Army to rapidly advance mutually beneficial technology to inform objectives for silent and efficient VTOL, or vertical takeoff and landing operation, for the next generation fleet of Army unmanned air vehicles".

Finance Bank of England Puts Off Interest Rate Rise
Author: 0 Bank of England Puts Off Interest Rate Rise

Despite the modest and likely short lived nature of the slowdown, there are some signs that a rate hike might not come even at the next MPC meeting in June. Surveys have suggested little rebound last month. The Bank of England (BoE) today chose to keep interest rates at 0.5% in measured response to relatively weak economic data for 1Q2018.

Finance Crypto Prices Fall as Warren Buffett Says Bitcoin Is
Author: 0 Crypto Prices Fall as Warren Buffett Says Bitcoin Is "Rat Poison"

In other words, oil has tangible benefits that can easily be demonstrated-you can power a city, run cars, and generate heat in the winter. Though virtual currencies are just nothing more than insane investments, according to Gates, like other cryptocurrency skeptics he still believes that blockchain itself as a separate technology can be rather useful.

Finance SoftBank-owned Boston Dynamics prepares to unleash its dog-like robot
Author: 0 SoftBank-owned Boston Dynamics prepares to unleash its dog-like robot

On the other hand, while the company hasn't revealed the pricing yet, they have said that the latest SpotMini prototype costs 10 times less to build as compared to the iteration before it. The video also shows him jumping over logs, and while it definitely slows him down - he has to stop first and then jump - he does it without issue.

Finance Gold Prices See Brief Pop Following Disappointing US Inflation Data
Author: 0 Gold Prices See Brief Pop Following Disappointing US Inflation Data

The U.S. Labor Department said its Consumer Price Index rose 0.2 percent last month, less than forecasts for 0.3 percent, as a moderation in healthcare prices offset increases in the cost of gasoline and rental accommodations. Food prices also rose 0.3 percent in the month. Food prices gained 0.3%, the highest increase in this category since March 2017. For April, food costs fell 1.1 percent in April, the biggest decline since a 1.3 percent fall in August 2016.

Finance RBS reaches $4.9 billion settlement over toxic bonds
Author: 0 RBS reaches $4.9 billion settlement over toxic bonds

RBS said $3.46bn, £2.5bn, of the proposed civil settlement will be covered by existing provisions and the bank will take a $1.44bn U.S. dollar hit in its second quarter results. The $4.9bn civil settlement with the DoJ - which is lower than analysts predicted and includes $3.46bn that has already been covered - will mean the government is able sell more shares in the bank, the Financial Times reports .

Finance Sterling falls as Bank of England keeps rates on hold
Author: 0 Sterling falls as Bank of England keeps rates on hold

The Bank of England's monetary policy committee will nearly certainly announce no change in United Kingdom interest rates and no change in its asset-purchase program today but traders in GBP will need to listen carefully when Bank Governor Mark Carney explains the decision and take a close look at the Bank's quarterly Inflation Report .

Finance Australian Government Budget Injects $700000 for Blockchain Research
Author: 0 Australian Government Budget Injects $700000 for Blockchain Research

The budget has handed down that the government intends to bump up the unincorporated small business tax discount rate from 5 percent to 8 percent, up to a cap of $1000, with the rate increasing to 16 percent by 2026-27. The road map recommended supporting the development of advanced microscopes, new types of instrumentation, and device fabrication techniques to support research in materials science, biology, medicine, and the environment.

Author: 0 Weekly Vedanta Resources plc (LON:VED) Ratings

The stock decreased 2.72% or $0.51 during the last trading session, reaching $18.23. Ubs Asset Management Americas has 69,780 shs. Dimensional Fund Advisors Limited Partnership holds 2.51M shares. The stock has "Buy" rating by N+1 Singer on Thursday, November 30. The stock of Greggs plc (LON:GRG) has "Hold" rating given on Wednesday, January 17 by Canaccord Genuity.

Finance Alphabet, Intel, FedEx, AT&T among drone pilot winners: universities
Author: 0 Alphabet, Intel, FedEx, AT&T among drone pilot winners: universities

The initial awardees in the Unmanned Aircraft Systems Integration Pilot Program include towns in California, Nevada, Oklahoma, Virginia, Kansas, Florida, Tennessee, North Carolina, North Dakota and Alaska. "You deal with it", Tester pressed. "It is the future and we need to grab hold of it", Brockman said. Grace Simrall, the city's chief of civic innovation, and Fischer's spokespersons did not immediately respond to an email from Insider Louisville asking if their drone proposal would ...

Finance Ford halts F-150 production
Author: 0 Ford halts F-150 production

The move follows a fire at a MI plant producing critical components for the truck . One Monday the company idled F-150 production at its plant in Kansas City, Missouri until May 14th, temporarily laying off 3,600 workers of the plant. While a complete halt in production isn't a definite, signs are certainly pointing that way. That's because there was a fire at a supplier's plant last week.

Finance NASA signs agreement with Uber to determine urban taxi drone
Author: 0 NASA signs agreement with Uber to determine urban taxi drone

Uber plans the first demonstration flights for Los Angeles in 2020 and commercialization of the flying taxis in 2023, saying these could be ordered on demand just like a ridesharing vehicle. "Finally, point of entry into the eCRMs is limited to one side, simplifying ground crew operations and reducing confusion for riders when they approach their eVTOL vehicle".

Finance Flipkart to sell majority stake to Walmart
Author: 0 Flipkart to sell majority stake to Walmart

The deal is likely to value Flipkart at upwards of $ 20 billion , a remarkable turnaround for the company that was struggling as recently as 2016 when rival Amazon overtook it in terms of market share in two consecutive months. "Interestingly, this has led to fresh contention between the retail bigwigs over the Flipkart deal", Zacks Equity Research said in an analysis released yesterday.

Finance Arsenal's Arsene Wenger could choose to take a general manager role
Author: 0 Arsenal's Arsene Wenger could choose to take a general manager role

General, I'll work. What is going to I do? 'I think the earlier, the better , ' Wenger said of Arsenal's recruitment process. "We must play with great enthusiasm, coming from tough matches against Inter and Bologna, because games against Milan are always tightly balanced in a final, even more so".

Finance Elon Musk trolls Warren Buffett over candy
Author: 0 Elon Musk trolls Warren Buffett over candy

Buffett is also a longtime proponent of what he calls competitive advantage "moats" as an investment strategy. He followed it up asserting that he was " super super serious " about the venture before diverting and mentioning the plot of Willy Wonka .