Services sector back in the slow lane

Intense supply chain pressures continued in July, as highlighted by the greatest lengthening of lead-times from vendors since the survey began in October 2010. The report comes in the week of the BoE's August meeting, at which investors now see a mor... More..

by | Published more than a month ago
IAG quarterly profit rises on higher ticket prices
by | Sunday, August 05, 2018

IAG quarterly profit rises on higher ticket prices

Analyst George Salmon at broker Hargreaves Lansdown said: "Sometimes profits rising by the best part of 20% just isn't enough". One of IAG's co-complainants, Ryanair , is dealing with a separate industrial...More..

Ryanair's Irish pilots stage fourth day of strikes
by | Sunday, August 05, 2018

Ryanair's Irish pilots stage fourth day of strikes

Trade union Forsa, which represents the pilots, hit out at the airline company following the warning. Pilots in Belgium and Sweden have announced a walkout for Friday, August 10. Twenty-five per cent of Rya...More..

United States job creation slows as employers scrounge for labor
by | Sunday, August 05, 2018

United States job creation slows as employers scrounge for labor

USA job growth slowed more than expected in July likely due to companies' struggles to find qualified workers and the unemployment rate declined, pointing to tightening labor market conditions. The government a...More..

Interest rates: Bank of England expected to increase base rate
by | Sunday, August 05, 2018

Interest rates: Bank of England expected to increase base rate

Barua, however, said if there is an escalation in trade war risks and a resultant global output compression, then the RBI could be prompted to stay on a prolonged pause. While raising the key policy rates, ...More..

Huawei increases forecast for full-year smartphone shipments
by | Sunday, August 05, 2018

Huawei increases forecast for full-year smartphone shipments

Howard Yu, chief executive at Huawei said that Huawei could become the largest smartphone vendor by the end of next year i.e 2019 as it has already shipped a behemoth amount of units and more are in the...More..

China loses spot as worlds No.2 stock market
by | Sunday, August 05, 2018

China loses spot as worlds No.2 stock market

This is unedited, unformatted feed from the Press Trust of India wire. While global markets have been broadly hit by fears of escalating trade tensions between the world΄s top two economies, Chinese equities...More..

40 staff and 1000 contracts affected as foodora closes its Australian operations
by | Sunday, August 05, 2018

40 staff and 1000 contracts affected as foodora closes its Australian operations

In the second case , Australia's Fair Work Ombudsman has launched legal action against Foodora , accusing the company of sham contracting and underpayment. TWU National Secretary Tony Sheldon said Foodora ,...More..

Steve Jobs lied about naming Apple Lisa after daughter
by | Sunday, August 05, 2018

Steve Jobs lied about naming Apple Lisa after daughter

Ms Brennan-Jobs also details how, as a child, she heard rumours that her father would purchase a new Porsche auto each time he scratched his. Lisa Brennan-Jobs, the eldest daughter of former Apple CEO Stev...More..

$543M Mega Millions Jackpot Claimed by Co-Workers in Office Pool
by | Sunday, August 05, 2018

$543M Mega Millions Jackpot Claimed by Co-Workers in Office Pool

They made no public appearance to announce their huge Mega Millions win. The winners have the option of either taking the full $543 million jackpot over 30 years or taking the final lump sum of $320.5 milli...More..

McDonald's parasite outbreak sickens almost 400 people
by | Sunday, August 05, 2018

McDonald's parasite outbreak sickens almost 400 people

The states that are impacted are Iowa, Illinois, Indiana, Kentucky, Michigan, Minnesota, Missouri, Nebraska, Ohio, South Dakota, and Wisconsin. The FDA noted that ill patients from Connecticut, Tennessee and ...More..

Tesla, Inc. (TSLA)- Safe Haven Investment Performance Stocks
by | Sunday, August 05, 2018

Tesla, Inc. (TSLA)- Safe Haven Investment Performance Stocks

Shorter or longer timeframes used for alternately shorter or longer outlooks. More extreme high and low levels-80 and 20, or 90 and 10-occur less frequently but indicate stronger momentum. It measures how much ...More..

Canadian low-priced carrier Swoop starting routes to Orlando International Airport
by | Sunday, August 05, 2018

Canadian low-priced carrier Swoop starting routes to Orlando International Airport

And now travellers looking to escape the inevitable Alberta snow can book a Swoop flight to select USA cities from October 17 to April 27, as part of the airlines 2018/2019 winter schedule. "I think we can get ...More..

Scattered protests in Iran as USA sanctions loom
by | Sunday, August 05, 2018

Scattered protests in Iran as USA sanctions loom

Trump has ordered USA sanctions on Tehran, while a senior State Department official said Washington has told allies to cut imports of Iranian oil by November. The Iranian rial has dropped to a record low amid g...More..

US Senate crafts bill to wrest Russian Federation policy away from Trump
by | Saturday, August 04, 2018

US Senate crafts bill to wrest Russian Federation policy away from Trump

In the Senate, Republicans Lindsey Graham of SC and John McCain of Arizona, along with Democrats Bob Menendez of New Jersey, Ben Cardin of Maryland, and Jean Shaheen of New Hampshire introduced the the Defendin...More..

Jaeger owner Philip Day mulls House of Fraser swoop
by | Saturday, August 04, 2018

Jaeger owner Philip Day mulls House of Fraser swoop

Billionaire retailer Philip Day is in the early stages of a potential bid for House of Fraser ( PRIVATE:HOF ) to save it from collapse, Sky News reported on Thursday, providing no other details. Day could y...More..

McGregor/Khabib to headline UFC 229
by | Saturday, August 04, 2018

McGregor/Khabib to headline UFC 229

Negotiations for this bout dragged on for many weeks while McGregor argued a highly lucrative deal, even demanding an ownership stake in the UFC in exchange for returning to the cage, and Nurmagomedov also aske...More..

Chipotle Scare: 368 People Report Getting Sick at Ohio Restaurant
by | Saturday, August 04, 2018

Chipotle Scare: 368 People Report Getting Sick at Ohio Restaurant

The illnesses haven't been officially linked to Chipotle food consumption. A spokeswoman for the company didn't immediately reply to a request for comment on Tuesday. In each case, Chipotle has worked closely...More..

China Warns Of Retaliation If US Takes More Trade Steps
by | Saturday, August 04, 2018

China Warns Of Retaliation If US Takes More Trade Steps

Markets were however steady on Tuesday, given a boost by hopes for new negotiations. White House officials had hoped Trump's latest threat would frighten Chinese officials into negotiations, where Trump aims ...More..

Fiat Chrysler wants Mahindra Roxor to be banned in US
by | Saturday, August 04, 2018

Fiat Chrysler wants Mahindra Roxor to be banned in US

Earlier this year, Mahindra invested US$ 230 million in a new facility in Detroit. "They are a almost identical copy of the iconic Jeep design", Fiat Chrysler said in its complaint, which included photos c...More..

Canada may run out of life-saving EpiPens
by | Saturday, August 04, 2018

Canada may run out of life-saving EpiPens

Following Health Canada's most recent communication regarding a shortage of EpiPen (0.3 mg) and EpiPen Jr (0.15 mg) auto-injectors, Pfizer Canada has advised Health Canada that supply of EpiPen in the 0.3 m...More..

Apple becomes world's first trillion dollar company
by | Friday, August 03, 2018

Apple becomes world's first trillion dollar company

Shares have since nosed down, to $206.26 per share, as of 12:05 p.m. ET. Apple isn't the first company in the world to hit a trillion-dollar market cap; Chinese oil and gas company PetroChina beat it to t...More..

Molson announces its developing non-alcoholic drinks infused with cannabis
by | Friday, August 03, 2018

Molson announces its developing non-alcoholic drinks infused with cannabis

The joint venture will be set up as a start-up company with both its own board of directors and an independent management team. Hydropothecary would own the rest. BNN Bloomberg first reported in June that M...More..

by | Friday, August 03, 2018

Apple Becomes World's 1st Private-Sector Company Worth $1 Trillion

Under CEO Tim Cook , Apple also has embraced the internet, with its thriving services business helping propel the company toward the new milestone. Apple's stock has risen over 30 percent in the past year, ...More..

China warns United States over additional tariffs on $200 billion of goods
by | Friday, August 03, 2018

China warns United States over additional tariffs on $200 billion of goods

Camuñez notes that the Trump administration has given mixed signals about how tough it's willing to be with China , and that has complicated efforts to resolve the conflict. The US has already imposed 25pc t...More..

Eurozone manufacturing activity still subdued in July | Economy
by | Friday, August 03, 2018

Eurozone manufacturing activity still subdued in July | Economy

The final Markit/Nikkei survey for Japan showed the manufacturing Purchasing Managers' Index (PMI) was a seasonally adjusted 52.3. A sector plagued by increasing supply-chain bottlenecks, cost pressures and w...More..

Apple is first public company worth $1 trillion
by | Friday, August 03, 2018

Apple is first public company worth $1 trillion

The ubiquitous iPhone has fuelled Apple Inc's astronomic rise over the years, accounting for a bulk of the company's revenues. Hindustan Times, owned by HT Media Ltd, is one of India's largest publications ...More..

Pompeo pushes U.S. vision for trade in meeting with Malaysia PM Mahathir
by | Friday, August 03, 2018

Pompeo pushes U.S. vision for trade in meeting with Malaysia PM Mahathir

Brunson , a North Carolina pastor who has lived in Turkey for more than two decades, is accused of helping the Fethullahist Terrorist Organization in a failed military coup in 2016 and the PKK organization, a...More..

BOJ to mull ways to make stimulus sustainable amid weak inflation
by | Friday, August 03, 2018

BOJ to mull ways to make stimulus sustainable amid weak inflation

A gauge of global equity markets fell on Monday, pulled down by a sell-off in US technology heavyweights, while the dollar slipped against the euro ahead of several central bank monetary policy meetings lat...More..

by | Friday, August 03, 2018

Fed maintains interest rates, calls economy strong

Financial markets already expect an increase in the benchmark lending rate in September but the Fed's word choices are likely to solidify expectations for a fourth hike in December. Nonetheless, we expect an ...More..