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Markets

A number above 50 indicates growth in the sector. Momentum in business activity is not yet back to where it was in October 2016, but it's improving. Those companies included in the report were broadly positive about the outlook for the year ahead with business sentiment rising to a three-month high.
  • Ripple prices tank after Coinbase confirms no plans to add New Assets

    Markets

    Ripple's seemingly unstoppable bull run took a hit Thursday after U.S. exchange Coinbase dispelled rumors it would add the asset. The company was tipped to add many cryptocurrencies to its platform. The statement may have been responsible for the quick decline in Ripple from about $3.30 to $2.50 (it's now at $2.78). "Any other statement which is different to this is therefore untrue and not authorized by the company".
  • Constellation Brands Sinks Despite Solid Q3 Results

    Constellation Brands Sinks Despite Solid Q3 Results

    Markets

    Bancolombia S.A. (NYSE:CIB) has risen 27.44% since January 5, 2017 and is uptrending. It has outperformed by 9.83% the S&P500. Hermes Investment Management Ltd increased its stake in Constellation Brands Inc ( STZ ) by 10.29% based on its latest 2017Q3 regulatory filing with the SEC.
  • Active Stock Momentum: Philip Morris International, Inc. (NYSE:PM)

    Active Stock Momentum: Philip Morris International, Inc. (NYSE:PM)

    Markets

    Its share price has risen 14.46% in three months and is up 1.50% for the last five trades. It has underperformed by 0.05% the S&P500. Finally, Zacks Investment Research upgraded Philip Morris International from a "sell" rating to a "hold" rating in a report on Wednesday, January 18th.
  • Sensex, Nifty Close At Fresh Record Highs

    Sensex, Nifty Close At Fresh Record Highs

    Markets

    The Nifty PSU Bank Index extended gains and rose over 1% in early trade as the Lok Sabha, late Thursday, passed the third batch of Supplementary Demands for Grants, which will enable the government to issue bonds worth Rs800bn to recapitalize the lenders in the current financial year.
  • Largest known prime number discovered with over 23 million digits

    Largest known prime number discovered with over 23 million digits

    Markets

    It's no mean feat, either; as numbers increase, prime numbers (those divisible by one and themselves) becoming increasingly hard to come by. So five is a prime, ... Prof. Chris Caldwell maintains an authoritative web site on the largest known primes, and has an excellent history of Mersenne primes. The record-breaking figure was found by Mr Pace as part of the Great Internet Mersenne Prime Search (Gimps), an global volunteer group searching for obscure primes.
  • US economy added 2 million jobs in 2017

    US economy added 2 million jobs in 2017

    Markets

    The survey also found that over the previous year the number of employed people aged 55 and over rose 5.3 per cent. The biggest gains were in healthcare, with 31,000 jobs; construction trades, with 30,000 jobs, and manufacturing, with 25,000 jobs.
  • Volkswagen, Hyundai Motor partner with self-driving startup Aurora

    Volkswagen, Hyundai Motor partner with self-driving startup Aurora

    Markets

    Hyundai and Volkswagen each say they're partnering with a USA autonomous vehicle tech firm led by former executives from Google , Tesla and Uber. "This partnership establishes a deep collaboration using Aurora's self-driving technology, and together we will bring self-driving vehicles to market at scale".
  • World's largest airplane diverted from JFK during storm

    World's largest airplane diverted from JFK during storm

    Markets

    According to flight tracking site FlightAware, SQ26 from Frankfurt to NY was scheduled to land at JFK Airport at 11.07am Eastern Time on Thursday. American Airlines Flight 1318 was forced to return to the gate at 6:30 a.m. SIA said passengers were served refreshments after they alighted from the plane. We were in the air for 11 and-a-half hours. Singapore Airlines arranged transportation for the 325 passengers, a spokesperson told CNBC , and the plane itself is scheduled for a short ...
  • Dominion Energy to buy Scana, assume failed nuclear project costs

    Dominion Energy to buy Scana, assume failed nuclear project costs

    Markets

    As part of the deal, which is subject to regulatory approval, Dominion pledged immediate cash payments averaging about $1,000 per household to SCE&G customers. Farrell II, chairman, president and chief executive officers for Dominion Energy. The proposed combined company would operate in 18 states from CT to California, according to the utilities, with 6.5 million regulated customer accounts in eight states and an electric generating portfolio of 31,400 megawatts and 93,600 miles of electric ...
  • Spotify makes confidential filing for US IPO

    Spotify makes confidential filing for US IPO

    Markets

    If Spotify , which was valued at as much as $19 billion previous year, goes ahead with its plans, it would be the first major company to carry out a direct listing, an unconventional way to pursue an IPO without raising new capital. The company, with over 100 million active users, has been successful in striking long-term licensing deals with major record labels in the past year yet it was recently hit with a $1.6 billion copyright infringement lawsuit by a music publisher.
  • Government introduces new Rs 10 note: It's chocolate brown in colour

    Government introduces new Rs 10 note: It's chocolate brown in colour

    Markets

    The new note may also have a numbering pattern. The Rs 10 notes that are now in circulation had a design change in the year 2005. In August 2017, the RBI had introduced new notes of denominations of Rs 200 and Rs 50. Some salient features of the newly issued notes include the denominational number in Devnagiri, colour changing window security threads and a colour changing denominational numeral, with a rupee symbol on the bottom right.
  • Mira Sorvino Praises Dad for Lashing out at Harvey Weinstein

    Mira Sorvino Praises Dad for Lashing out at Harvey Weinstein

    Markets

    Weinstein cast him; when Christopher Backus received a better offer, Mr. Weinstein allowed him to amicably break his contract to pursue the opportunity". Mira believes this rejection of Weinstein ultimately hurt her career. Weeks later, he arrived at her apartment in the middle of the night. Thank you Peter Jackson for being honest.
  • Iceland forces firms to prove men and women are paid equally

    Iceland forces firms to prove men and women are paid equally

    Markets

    Under new legislation, any company or government agency with more than 25 people will be required to obtain government certification for their equal pay policies, and those who fail to demonstrate pay equality will face fines. She added: "Although there is now gender pay gap reporting in the United Kingdom, which is compulsory for employers of 250 or more, this is different to equal pay because it only reports the difference in average pay, rather than individual pay of men and women".
  • Iceland makes it illegal to pay men more than women

    Iceland makes it illegal to pay men more than women

    Markets

    Any companies or government agencies which can not demonstrate equal pay between staff will risk fines. "The legislation is basically a mechanism that companies and organizations.evaluate every job that's being done, and then they get a certification after they confirm the process if they are paying men and women equally ", Dagny Osk Aradottir Pind, a board member of the Icelandic Women's Rights Association, told Al Jazeera .
  • Altice CEO Combes Headed to Sprint as CFO

    Altice CEO Combes Headed to Sprint as CFO

    Markets

    There were seemingly endless rumors throughout 2017 about T-Mobile and Sprint finally following through with a merger that'd been talked about for years, but in early November, these were finally laid to rest . Sprint Corp notes that Michael Combes will be directly supporting CEO Marcelo Claure as the company moves forward with its transformation plans. Combes will also join Sprint's board at a later date.
  • CES 2018: LG is putting robots in hotels

    CES 2018: LG is putting robots in hotels

    Markets

    The trio was developed for commercial use at hotels, airports and supermarkets. They join LG's Airport Guide Robot and Airport Cleaning Robot that have been successfully trialled at Incheon International Airport, which serves the Korean capital of Seoul.