Economy

by | May 09, 2017 | 01:09

Akzo had previously refused to discuss a deal with PPG. The move opens the door to PPG walking away or making a hostile takeover bid - something the USA firm has not ruled out. Elliott has been seeking to call an extraordinary meeting of Akzo shareholders to oust the company's chairman, a move that Akzo has been resisting.

by | May 07, 2017 | 14:00

Now corruption charges are being levied against their party leaders. Immediately after the press conference+, Mishra tweeted saying "I saw it day before yesterday and yesterday morning raised my voice against it openly". With Mishra's removal from Delhi's cabinet and Vishwas' mood, it is expected that the AAP's internal fight is going to be intensify. "I asked Kejriwal to call all party leaders, ministers and members to explain about the money".

by | May 05, 2017 | 01:05

USA stocks dipped Wednesday as media and health care companies took losses. Many economists also discounted the weak first quarter, which was held down by lower consumption, as an anomaly frequently seen in the first three months of the year.

by | May 05, 2017 | 01:02

Total global investment demand for gold saw a first quarter drop of 34% from the same period a year ago, said a report from the World Gold Council released Thursday. The total imports during January-March period rose by 112 per cent to 270.1 tonne from 127.4 tonne in Q1 2016. "But demand remains relatively weak in an historical context, 18 per cent below the 5-year quarterly average", the report said.

by | May 05, 2017 | 00:39

The trade gap slipped 0.1 percent in March to $43.7 billion, seasonally adjusted. Consumer goods exports also gained ground, climbing 6.8 per cent to $6.1 billion. "We are seeing some improvement, and this validates the Bank of Canada's decision to embrace a more optimistic take on the outlook", said Mr. Jean, adding the central bank will remain prudent amid developments on trade policy in Washington.

by | May 05, 2017 | 00:26

The company accredits the improvement to cost optimization, positive exchange rates, and refocusing the sales mix toward more profitable models. Looking ahead to the full year, the group said it aims to keep that figure "between 6.0 percent and 7.0 percent", while increasing revenue by up to 4.0 percent compared with last year.

by | May 05, 2017 | 00:11

Free media and an independent, effective judiciary play a mutually reinforcing role as pillars of democracy. Everyday we come across news of attacks on journalists. The source reminds that Turkey ranked 163nd in the Freedom of Press 2017 report by Freedom House , included in the list of countries with restrictions on media.

by | May 01, 2017 | 19:29

He commented on the issue Wednesday, calling it "tremendously disheartening" and labeling the claims "completely unfounded", according to the Washington Post. Powers said that she then went to O'Reilly's executive producer and said, "He needs to apologize and he needs to never do that again, or I am not doing his show anymore".

by | May 01, 2017 | 19:28

Well, they'll most likely be vertical takeoff and landing aircraft, or VTOLs. Uber is not the only company that has announced a flying auto within the past couple months. According to the BBC , the Uber Elevate Network - as it will be called - will run trials in these two cities before rolling them out to customers by 2023.

by | April 30, 2017 | 02:12

Bank of Montreal Can increased its stake in Dr Pepper Snapple Group by 43.4% in the first quarter. Currently, the market capitalization of Dr Pepper Snapple Group , Inc. Dr Pepper Snapple Group's payout ratio is presently 45.99%. Eagle Boston Investment Management Inc, a Massachusetts-based fund reported 328,533 shares.

by | April 30, 2017 | 02:07

Finally, Sanford C. Bernstein reissued an underperform rating and set a $31.00 target price on shares of American Airlines Group in a research report on Friday, March 3rd. Reilly Financial Advisors LLC now owns 8,071 shares of the airline's stock worth $295,000 after buying an additional 200 shares during the last quarter.

by | April 30, 2017 | 02:03

Caterpillar (NYSE:CAT) pays an annual dividend of $3.08 with a yield of 3.00% and an average dividend growth of 21.40% based on a 3 Year Average. The Q3 2017 consensus earnings estimates for the company have stabilized at US$0.8 per share.

by | April 30, 2017 | 02:02

There isn't a concrete buyer yet set for the deal, and neither Volkswagen or Audi chose to comment on the matter. The sources told the news agency that the brand may approach its peers in China, Hero MotoCorp or other investors. The possible sale of Ducati , now owned by Audi , comes as part of the Volkswagen Group's company-wide expenditure audit. Industry insiders expressed initial doubts on VW's purchase of Ducati , considering it a less than financially astute notion of then ...

by | April 27, 2017 | 05:45

U.S. President Donald Trump's announcement on the new duties Monday comes in the midst of a B.C. election, where the Liberals have promised to create new jobs and grow the economy. "We don't necessarily think it's going to be that high". Ross said that he and the Canadian ministers "tried to negotiate a settlement but we were unable".

by | April 26, 2017 | 09:07

Royal Jordanian Airlines also joined in on the trolling, tweeting what looks like a no smoking poster that reads: "We would like to remind you that drags on our flights are strictly prohibited by passengers and crew". Munoz is under pressure to contain a torrent of bad publicity and calls for boycotts against United unleashed by videos that captured Dao's rough treatment by airline and airport security staff.

by | April 26, 2017 | 09:07

Officer James Long grabbed Dao to pull him off his seat, later writing that the man "started swinging his arms up and down with a closed fist". When the airlines couldn't get enough passengers to voluntarily give up their seats, the carrier picked four passengers to remove, including Dao.

by | April 25, 2017 | 13:33

Shares of LVMH Moet Hennessy Louis Vuitton SE (LVMUY) and Christian Dior SA ( CHDRY ) were gaining around 3 percent and 12 percent, respectively, in Paris after the announcement of LVMH's planned buy out of the luxury brand. The deal would be accretive to LVMH earnings per share from the first year. The initial cash-and-Hermes-shares offer for Christian Dior would be followed by another secondary offer, valuing each Dior share at 260 euros - a premium of 14.7 percent compared to ...

by | April 25, 2017 | 13:32

Gross refining margins (GRMs) stood at $11.5 per barrel against $10.8 per barrel in the sequential quarter (Q3FY17). Standalone profit came in at Rs 8,151 crore against Rs 7,227 crore in the same period of past year and Rs 8,022 crore in the preceding quarter.

by | April 23, 2017 | 03:31

Anastasia Schmidt. Two Russian TU-95 Bear bombers were spotted flying about 41 miles off the coast of Alaska on Tuesday, just hours after two US F-22 fighter jets intercepted the same type of Russian aircraft in the area. It was not immediately clear how close they came to mainland Alaska. There are reports of Russian bomber patrols along the West coast each of the past four nights, but this is not exactly the case.

by | April 23, 2017 | 03:29

Later that year, O'Reilly was sued for sexual harassment by a Fox producer named Andrea Mackris, whose allegations against the host included claims of inappropriate and vulgar phone calls. Sources told the New York Times Thursday that O'Reilly will receive "up to $25 million". He hasn't been accused of any harassment, but many inside and outside of Fox have wondered how much he and other executives still in place knew about Ailes' and O'Reilly's behavior.