Finance

Finance Sensex plunges 453 pts on fiscal deficit fears, F&O expiry
Author: 0 Sensex plunges 453 pts on fiscal deficit fears, F&O expiry

During the same period of 2016-17, the deficit stood at 79.3 percent of the target. Also, investors were cautious ahead of September quarter GDP data to be released later in the day. Indian equity benchmarks were headed for their biggest single-day fall in over two months led by losses in Reliance Industries , ICICI Bank and HDFC Bank .

Finance CEO quits as LSE tries to draw line under management row
Author: 0 CEO quits as LSE tries to draw line under management row

TCI has demanded a general meeting but LSE has asked them to withdraw this request in light of Rolet's departure. Mr Carney said he was "mystified" by the dispute and said it was "in the interest of all parties that clarity is provided as soon as possible".

Finance US Economy Grew at a Vigorous 3.3 Percent Pace in Third Quarter
Author: 0 US Economy Grew at a Vigorous 3.3 Percent Pace in Third Quarter

The 3.1% print for the second quarter, was the fastest pace of growth for the U.S. economy in two years. Name SearchWatch Service' Jim Baird, chief investment officer at Plante Moran Financial Advisors. Gross domestic product increased at an annual rate of 3.3%, according to a second estimate. Excluding inventory investment, the economy grew at a 2.5% rate.

Finance India fines Nestle $96500 over 'substandard' Maggi noodles
Author: 0 India fines Nestle $96500 over 'substandard' Maggi noodles

According to the district authorities, it had collected the samples past year in November and sent them for lab test, which had found ash content above the permissible limits of human consumption. In May that year, Indian food safety authorities banned the production and sale of Maggi . "We regret the confusion it may cause to consumers", he said adding that the noodles were "100 per cent safe for consumption".

Finance Nasdaq said to plan bitcoin futures, joining biggest rivals
Author: 0 Nasdaq said to plan bitcoin futures, joining biggest rivals

Nasdaq Inc plans to launch a futures contract based on bitcoin in 2018, making it the third exchange operator to plan USA derivatives contracts linked to the digital currency, a source with knowledge of the matter said on Wednesday. Bitcoin futures give sophisticated investors an instrument to hedge their bets in the cryptocurrency and could help professional traders overcome their hesitation to get involved in the bitcoin markets.

Finance BuzzFeed to lay off 100 staffers in major reorganization
Author: 0 BuzzFeed to lay off 100 staffers in major reorganization

BuzzFeed will lay off roughly 100 of its 1,700 employees - including 8% of its USA workforce - and diversify its ad business away from native campaigns following reports that the company missed revenue targets of $350 million in 2017, and consequently put its IPO plans on hold.

Author: 0 Chipotle, looking for a turnaround, shops for new CEO

Shares of Chipotle Mexican Grill Inc. rose 3.5 percent, or $10.19, to $296.05 in midday trading. Its founder, Steve Ells, who now serves as CEO and chairman, will become executive chairman once someone new is in place at the top post. The company said Wednesday, Nov. 29, 2017, that Ells will step down from the CEO position as soon as it finds a replacement. "As we work hard to restore our brand, I believe we can capitalize on opportunities, including in areas such as the digital experience, ...

Finance Man Robs Bellagio Poker Cage, Las Vegas Police Say
Author: 0 Man Robs Bellagio Poker Cage, Las Vegas Police Say

Bellagio staff were fantastic. Local police added that the teller stayed calm while handing the man the cash, in efforts not to worry guest. Police in Las Vegas say they are looking for an armed suspect who fled from the Bellagio casino-resort after he demanded money from a cashier area.

Finance Singapore and India to boost cooperation in maritime security
Author: 0 Singapore and India to boost cooperation in maritime security

The two ministers also discussed Singapore's proposal to expand the Code of Unplanned Encounters at Sea to all ADMM (ASEAN Defence Ministers' Meeting)-Plus countries as well as to establish guidelines for air encounters between military aircraft, the statements said.

Finance Ocado shares rise after global deal
Author: 0 Ocado shares rise after global deal

Confirmation of the long-awaited worldwide partnership caused the London Stock Exchange-listed company's shares to soar by more than 25 per cent. Shore Capital's Clive Black said: "We believe that Ocado is developing the most advanced and economic end-to-end platform for third-party retailers, a view validated by this deal, and expect it to sign multiple deals in the coming years".

Finance Home prices rising at fastest rate in years: Case-Shiller
Author: 0 Home prices rising at fastest rate in years: Case-Shiller

The report released Tuesday morning ranked Seattle, Las Vegas and San Diego as the three metropolitan areas with the fastest growing home prices. Home prices jumped 12.9 percent in Seattle, 9 percent in Las Vegas and 8.2 percent in San Diego.

Finance Senators raise questions about Uber's response to reported 2015 data breach
Author: 0 Senators raise questions about Uber's response to reported 2015 data breach

Downing Street said last week that the cyber attack, which affected 57 million customers and drivers worldwide, was not initially reported by the company after it hushed up the scandal. "When this happened, we took immediate steps to secure the data, shut down further unauthorised access, and strengthen our data security", it said in a statement.

Finance Air France-KLM seals 'enhanced' deal with Jet Airways
Author: 0 Air France-KLM seals 'enhanced' deal with Jet Airways

Jean-Marc Janaillac signed an enhanced co-operation agreement on routes between India and Europe that will result in cost savings and revenue growth for airlines. There will no direct flight to Chennai from Amsterdam, but all four cities will be connected to Paris. The "enhanced cooperation agreement" with Air France-KLM, signed in Mumbai , is created to expand the number of flights to Europe and make Paris and Amsterdam hubs for connecting flights to the United States.

Finance United States Steel Corp. (X)
Author: 0 United States Steel Corp. (X)

Currently AK Steel Holding Corp (NYSE: AKS)'s shares owned by insiders are 0.5%, whereas shares owned by institutional owners are 66.5%. A number of other institutional investors have also recently added to or reduced their stakes in X. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.89 and a quick ratio of 1.23. United States Steel Corp. has the Market Capitalization of 5.08 Billion.

Finance Be wary of radical forces, Bengal urged
Author: 0 Be wary of radical forces, Bengal urged

India should lead for a better India by 2022", added the President. Describing Kolkata as a city that has been "the capital of modern Indian science", the President said that New India would not be achieved without New Bengal, which could not be possible without the contribution of the scientific community.

Finance Robust holiday sales season kicks off over Thanksgiving
Author: 0 Robust holiday sales season kicks off over Thanksgiving

Macy's and Kohl's also rose session highs.Gap shares, meanwhile trading 1.8 percent higher after Wall Street analysts dubbed the company the "weekend victor". The amount spent on United Kingdom online retail sites on Black Friday 2017 was up 11.7% to £1.39bn. Thanksgiving Day e-commerce sales totaled $2.87 billion, up 18.3% year-over-year (YoY).

Finance Victoria becomes first Australian state to legalise euthanasia
Author: 0 Victoria becomes first Australian state to legalise euthanasia

THE controversial voluntary assisted dying scheme was successfully passed in State Parliament yesterday, making it the only legal scheme in Australia. Here is the government's list of the some of the amendments added to the legislation. Premier Daniel Andrews said it was an overdue reform. Once it receives the Royal Assent - considered a procedural formality - it will become law.

Finance Checkout The Leaked Photos Of The 2018 Mercedes Benz CLS
Author: 0 Checkout The Leaked Photos Of The 2018 Mercedes Benz CLS

One of the key changes inside is a large dual display dash like that seen on the E-class. Unintentionally or not, this is it: the 2018 Mercedes-Benz CLS expected to take the stage at this year's Los Angeles Auto Show. From launch, the new CLS will be available with the usual range of four- and six-cylinder petrol and diesel engines, all of which will be paired with Mercedes' nine-speed automatic gearbox.