Money

by | April 22, 2017 | 02:38

The plant would produce ethylene, one of the key ingredients for products ranging from antifreeze to plastics and it is scheduled to come online as early as 2020. SABIC, which operates in more than 50 countries, ranks among the world's top petrochemical companies, and is a market leader in producing polyethylene, polypropylene, advanced thermoplastics, glycols, methanol and fertilizers.

by | April 22, 2017 | 02:31

Augmented reality applications will enable people to use their smartphones to display and share location-based information , such as tips about favorite menus items at a local restaurant, with friends and family, Zuckerberg said . "Now we all know where we want this to get eventually", he said. Zuckerberg has previously termed the virtual reality (VR) as the future of social interaction and in line with that, Facebook unveiled Facebook Spaces app that makes it possible to spend time ...

by | April 22, 2017 | 02:29

USA crude oil production C-OUT-T-EIA has risen by 9 percent since mid-2016 to 9.2 million bpd, resulting in a surge in commercial inventories to a record 535.5 million barrels C-STK-T-EIA. Total oil consumption in 2017 is expected to stand at 96.32 million barrels per day, according to the report. Saudi Arabia, Kuwait and most other OPEC members are leaning toward this if agreement is reached with other producers, OPEC sources told Reuters last month.

by | April 22, 2017 | 02:21

Prime Minister Narendra Modi on Sunday raised the issue of triple talaq and said "justice" should be done for women belonging to the Muslim community, reports said. Briefing reporters, Union minister Prakash Javadekar said the BJP maintained its over 40 per cent vote share in Uttar Pradesh even after nearly three years of the central government when anti-incumbency often sets in.

by | April 22, 2017 | 02:17

Founded by Sir William Atkins in 1938, Atkins is a multinational engineering, design, planning, architectural design, project management and consulting services company. TORONTO, April 21 Canada's main stock index was almost unchanged on Friday as SNC-Lavalin rose on an acquisition move and Home Capital Group recouped steep losses, while some miners and energy stocks weighed.

by | April 22, 2017 | 02:17

After doubts were raised on how the city could function without petrol on Sunday, the State Federation of Petroleum Dealers has put the decision on hold. And what if fuel in the cabs gets over? "We have had enough in Bengaluru, not again on this". Ministry sources have said that the threat to shut down pumps on Sundays will be dealt with according to measures necessary to maintain supplies of essential commodities as petroleum products come under this category.

by | April 22, 2017 | 02:14

The government made a decision to sell a majority stake in 2015, saying that would give the bank more freedom to borrow, free it from state aid restrictions and allow it to attract more capital. The investment bank was established five years ago as a vehicle to drive renewable energy developments. The bank also manages the world's first offshore wind fund, with assets of £1.1bn.

by | April 22, 2017 | 02:15

External Affairs Ministry spokesperson Gopal Baglay, in a statement, also pitched France as another destination for jobs for Indians with advanced degrees. "We are essentially seeing that countries are trying to define skilled workers more precisely and bring curbs on immigration while opening the doors for high-skilled workers", Chandrashekhar pointed out.

by | April 22, 2017 | 02:11

Select Comfort Corporation (NASDAQ:SCSS) was up +3.36% ($0.84) to $25.87 and showed a volume of 1.93 mln shares. Annual EPS Growth of past 5 years is 0.50%. The count of Hold ratings in that period was 1. It represents a security's price that, if achieved, results in a trader recognizing the best possible outcome for his investment.

by | April 22, 2017 | 02:08

BJP Rajya Sabha MP Vinay Katiyar has said there could be truth to Rashtriya Janata Dal Supremo Lalu Yadav's allegations that Supreme Court's revival of the conspiracy charge against BJP veteran LK Advani in the Babri Masjid demolition case was a "well-thought-out politics" of Prime Minister Narendra Modi to remove former home minister from the Presidential race.

by | April 22, 2017 | 01:57

With a market cap of $1.24 billion, KCG was trading around $19.73 on Thursday with a P/E ratio of 6.7, a P/B ratio of 0.9 and a P/S ratio of 1.3. Virtu Financial Inc (NASDAQ:VIRT) opened at 16.45 on Friday. 2996757 shares were traded on Virtu Financial, Inc .'s last session. The forecast of 10 surveyed investment analysts covering the stock advises investors to Buy stake in the company.

by | April 22, 2017 | 01:52

Earlier, the civic body, which looks after areas pertaining to Lutyens' Delhi, also conducted the e-auction of Asian Hotel through MSTC, which resulted in more than 15 times increase in the licence fee, which used to be Rs 3 lakh per month earlier.

by | April 22, 2017 | 01:49

Hours earlier Opposition Leader Bill Shorten demanded to know what the government was doing about the number of foreign workers even though the annual intake is at a four-year low of 96,000 - well down from the 126,300 high when Labor was in power.

by | April 22, 2017 | 01:44

The National Highway Traffic Safety Administration has already been notified of the voluntary recall, according to Tesla . Tesla doesn't expect the recall to have any material financial impact for the company. The plaintiff revealed buyers have to shell out $5,000 as premium over the normal vehicle price and became a testing ground for Tesla's half-baked software, which is risky for users.

by | April 22, 2017 | 01:47

Three others identified as Asif, Karan and Sanjay were also critically injured in the incident. The victims appear to be daily wagers, the police said. The Times of India quoted eyewitnesses as saying that the teenage driver lost control of his auto and had been "driving zig-zag" before climbing onto the footpath.

by | April 22, 2017 | 01:39

Smith says there is still a lot we don't know about the human brain, and believes Musk's Neuralink could help bring about necessary advancements. The company will create universal protocols for companies to follow to ensure the responsible development of AI.

by | April 22, 2017 | 01:36

These offer faster connections than traditional copper wires. Ofcom said its aim is to provide access to BT's ducts and poles on fair terms, with the cost shared across all users. Reusing existing underground ducts can significantly reduce the time it takes to roll out a new network. But begs to differ on major providers utilising Openreach's poles and ducts.

by | April 22, 2017 | 01:30

The data however did show an unexpected drop in overall US crude inventories, which fell in the week by 2.2 million barrels as imports declined by 717,000 barrels a day. OPEC meets on May 25 to consider extending the cuts beyond June. But the organisation predicted supply would grow in coming months, with United States oil-producing firms driving the increase.

by | April 22, 2017 | 01:21

General Electric recorded an improvement in margins in the reported quarter due to stringent cost-cutting and simplification initiatives. If we look at stock performance in last active day trading, we see that stock has moved edged up 2.92% to end the day at $52.50.

by | April 22, 2017 | 01:21

At 9:34 a.m. ET the Dow Jones industrial average .DJI was up 48.9 points, or 0.24 percent, at 20,453.39, the S&P 500 .SPX was up 6.86 points, or 0.29 percent, at 2,345.03. Semiconductor company Lam Research surged 6.9 per cent after reporting better-than-expected quarterly earnings and surprising the market with a bullish forecast for the current quarter.

by | April 22, 2017 | 01:20

Around 50 percent of Britain's electricity will be generated by gas-fired power plants on Friday, with 18 percent coming from nuclear plants and nearly 14 percent from wind farms, National Grid data showed. Slumping gas prices - a function of similar developments in oil markets - led gas-fired output to jump 51% past year, providing over 40% of the U.K.'s total power, according to monitoring firm EnAppSys .

by | April 22, 2017 | 01:15

Highland Capital Management LLC increased its stake in Philip Morris International by 0.4% in the third quarter. PMI increases, for a favorable discrete tax item of $0.04 only, its 2017 full-year stated diluted earnings per share to a range of $4.84 to $4.99, at prevailing exchange rates, as compared to $4.48 in 2016.

by | April 22, 2017 | 01:12

Le Pen was "seeking - as she does after every tragedy - to take advantage of it", he added. Appearing in a press conference with the Italian Prime Minister, Trump said it looked like a terror attack. Terrorism has already been a major issue in the campaign and some feared an attack like this would happen. Such attacks have claimed more than 230 victims in France since January 2015.

by | April 22, 2017 | 01:09

It said that workers felt they couldn't meet the bank's unrealistic sales goals "without gaming the system". Initially created to motivate branch employees to exceed sales goals, the pressure to beat higher daily sales targets instead encouraged them to forge customer signatures, hold off on opening accounts signed for in December and target friends and family to make up the numbers.

by | April 22, 2017 | 01:08

Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Wells Fargo & Company the EPS stands at 1 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.97, suggesting the stock exceeded the analysts' expectations.

by | April 22, 2017 | 00:56

WestJet operates 119 aircraft, including 46 Boeing 737-800s, according to Flight Fleets Analyzer. The airline also said it plans to add 105 new weekly flights. "I think it's a tough road for ultra-low-cost carriers". WestJet's move marks another planned evolution of a company that has recently moved beyond its roots as a domestic low-priced 737 operator.

by | April 22, 2017 | 00:39

The Rye resident's nomination would need confirmation by the U.S. Senate. Brown served as the senator of MA from 2010 until he was defeated by Elizabeth Warren in 2012. Brown, a Republican, was a strong supporter of the Republican Trump's presidential campaign. In 2014, he attempted to run in New Hampshire against Sen.

by | April 22, 2017 | 00:36

President Trump is taking steps to keep his word to "do a big number" on the 2010 Dodd-Frank financial reform law. The 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act - passed with President Barack Obama's support in large part in response to the 2008 financial crisis - became law with nearly zero Republican support from Democrats.

by | April 22, 2017 | 00:24

Police securing the area after a gunman opened fire on the Champs Elysees in Paris, killing a police officer, April 20, 2017 . It was unclear whether the attack would tip the balance of the vote in favour of Le Pen, who has vowed to take a tough line on "Islamic terrorism".

by | April 21, 2017 | 22:14

House Speaker Brian Bosma says Senate Republicans have agreed to slowly shift all fuel sales taxes, but he says the cigarette tax is dead due to overwhelmingly opposition in the Senate. He says it assures the state of adequate funding to build and maintain roads, and will bolster the image the state has worked to cultivate as an attractive place for businesses.

by | April 21, 2017 | 22:13

In the offshore space, the rig count continues to buoy at decreased levels, however. That is more than double the same week a year ago when there were only 343 active oil rigs. On Friday, oil prices fell 2.7% to $49.35, with investors focused on the US, where production is growing faster than had been anticipated. "However, we also anticipate startup inefficiencies to creep into the system and pressure [first half] gross margin expansion to the tune of 200-300 [basis points] in our models".

by | April 21, 2017 | 22:09

The concerns over Trump's trade policies come at a time when the IMF's latest forecasts point to a strengthening global economy - along with a warning that trade restrictions could stall growth. Treasury Secretary Steven Mnuchin last month insisted that an anti-protectionism pledge be dropped from a Group of 20 communique issued in Baden-Baden, Germany, said Eswar Prasad , former head of the IMF´s China department.

by | April 21, 2017 | 22:04

Controversial probate fee rises could be another casualty of the snap general election in June, it emerged today. That issue remains unresolved and official spokespeople have so far declined to say if the scheme would be resurrected if the prime minister is re-elected with a significant majority, as seems to be broadly expected.

by | April 21, 2017 | 22:01

Macron, who from 2014 to 2016 was economy minister in the Socialist government she has criticized repeatedly for its security record, said the solutions were not as simple as she suggested. Officials said the assailant was armed with an automatic firearm akin to a "war weapon". The gunman jumped out of the auto and opened fire with an automatic assault rifle on the van, fatally wounding a policeman in the head.

by | April 21, 2017 | 21:52

The firm's market cap is GBX 14.45 billion. The Firm operates through two divisions: healthcare and distribution & services. It has a 18.4 P/E ratio. The Company's portfolio consists of European onshore projects. The Company's assets include Kagem emerald mine, which covers an area of over 41 square kilometers and is located in the central part of the Ndola Rural Emerald Restricted Area in Zambia; Montepuez ruby mine, which is located in the Cabo Delgado province and covers an area of ...