Markets

How Analysts Rated GKN plc (LON:GKN) Last Week?

How Analysts Rated GKN plc (LON:GKN) Last Week? Faroe Petroleum plc is an oil and gas company. Investec's target means a potential downside of -5.93% from the company's last price. This rating was revealed to clients and investors in an analyst report on Friday morning. The rating was maintained by BMO Capital Markets with "Hold" on Wednesday, May 31. The firm has "Neutral" rating by Citigroup given on Tuesday, November 3. [Full Article...]

GST Council Oct 18 meeting: Here are the key decisions taken today

GST Council Oct 18 meeting: Here are the key decisions taken today People are coming to invest here. The government also revoked GST notification on gems and jewellery. The GoM will have to file its report within a two-week period. "There will be a nominal 0.1 per cent GST applicable on exports", Jaitley announced in a media briefing on Friday. Also officials said that easy compliance for exporters , like quarterly filing of returns instead of monthly fili... [Full Article...]

New 'infotainment' tech in vehicles increases distracted driving risk

New 'infotainment' tech in vehicles increases distracted driving risk New vehicle infotainment systems take drivers' eyes and attention off the road and hands off the wheel for potentially unsafe periods of time, according to new research from the AAA Foundation for Traffic Safety. None of the systems generated "low" distraction, according to the researchers. Ricardo Meijias took part in the research and almost missed a stop sign while using a touch screen. [Full Article...]

Evidence Shows Amazon.com, Inc. (AMZN) Acquisition Boosted Whole Foods Traffic

Evidence Shows Amazon.com, Inc. (AMZN) Acquisition Boosted Whole Foods Traffic Walmart shoppers accounted for 24 percent of Whole Foods' new customers in the first week, but accounted for less than 1 percent of its new customers by the third week. People who've used their cards at the Whole Foods located at 750 N. Krocks Road in Allentown at the coffee bar, pizza venue, sandwich venue and tap room should monitor their payment card statements and report any unauthorized char... [Full Article...]

Netflix: Will Higher Prices Tune Out Subscribers?

Netflix: Will Higher Prices Tune Out Subscribers? Mashable has learned that the prices of the two higher tiers will be going up $1 and $2 per month respectively in November. The price hike goes into effect for new members in the U.S. Netflix says they will let current members know about the new rates on October 19, which would be at least 30 days before the new rates would take effect on their account. [Full Article...]

'Rick and Morty': Is McDonald's bringing back Rick's favorite dipping sauce?

'Rick and Morty': Is McDonald's bringing back Rick's favorite dipping sauce? A full list of the almost 1,000 participating McDonald's restaurants and more details surrounding the posters and Szechuan Sauce giveaway on Saturday, October 7 can be found at www.buttermilkcrispytenders.com. You can find the sauce at the McDonald's at 3050 Carnegie Ave. and 1540 E. 55th St. "I want that McNugget Sauce, Morty!" The posters were announced last week in tandem with the rel... [Full Article...]

US Service-Sector Growth Eases in September -- Markit

US Service-Sector Growth Eases in September -- Markit A reading above 50 denotes expansion and one below this mark means contraction. The Bank has forecast economic growth of 0.3% in the third quarter, so the IHS Markit findings should not prevent the Bank from "pressing ahead and raising interest rates in November", Mr Hollingsworth said. [Full Article...]

Vegas shooter had 200+ reports of suspicious activities, large financial transactions

Vegas shooter had 200+ reports of suspicious activities, large financial transactions While the shooter's live-in girlfriend is from the Philippines, authorities said it wasn't clear who the money was intended for. Earlier Monday, Eric Paddock - the brother of the las Vegas shooter - told reporters outside of his home in Orlando, Florida, that he was born while his father was on the run from authorities. [Full Article...]

Infamous NY Bridge Demolished To Make Room For City Rebuilding

Infamous NY Bridge Demolished To Make Room For City Rebuilding The first span opened in April with Gov. Andrew Cuomo's help. Before a crowd of some 100 infrastructure enthusiasts and NY leaders, the decaying bridge crumbled in a matter of minutes. An off-duty FDNY EMT was struck and killed by a auto on Kosciuszko Bridge over the weekend in an apparent hit and run accident. "I think it's the only time we've ever blown up a bridge". [Full Article...]

Trump says new Fed chair will be chosen in 2-3 weeks

Trump says new Fed chair will be chosen in 2-3 weeks Ms Yellen's term as Fed chair term ends Feb 3, 2018, and time is getting tight to make a selection and get it through Congress. News of the meeting arrived as speculation continues on whether Trump will reappoint Yellen for a second term with many experts admitting they are skeptical . [Full Article...]

Norquist: Administration's Tax Reform Plan Can Achieve 4% Growth

Norquist: Administration's Tax Reform Plan Can Achieve 4% Growth Under the broader proposal, corporations would see their top tax rate cut from 35 percent to 20 percent. "The top rate on the wealthiest comes down, and the bottom rate on working class families goes up", said Senator Chuck Schumer. However, the new plan suggests that congress might add a fourth bracket if needed - higher than the 35% - applied to the highest-income taxpayers. Trump first lies... [Full Article...]

VW Still Choking on Diesel as Damages Surge to $30 Billion

VW Still Choking on Diesel as Damages Surge to $30 Billion Hatz left Porsche previous year, having been suspended since Volkswagen's emissions test-cheating scandal broke in September 2015. He was suspended after the diesel emissions test-cheating was exposed. The news sent shares in VW down nearly 3 per cent. Volkswagen, the world's largest carmaker, admitted in September 2015 to using so-called "defeat device" software to cheat regulatory nitrogen... [Full Article...]

We're winning battle to curb oil glut, says OPEC

Brent crude oil briefly went as high as U.S. $59.49 a barrel after Turkish President Tayyip Erdogan threatened to cut off a pipeline that takes 600,000 barrels per day of oil from Iraq through Kurdish territory into a Turkish port. As per Bank, draining inventories too low would initially benefit OPEC through higher prices, but ultimately OPEC would lose ground as US shale filled the void. [Full Article...]

Sessions Vows DOJ Will Defend Free Speech Rights on College Campuses

Sessions Vows DOJ Will Defend Free Speech Rights on College Campuses According to the letter, the law professors think a member of President Donald Trump's administration has no business talking about free speech after the president's criticisms of the National Football League protests. They will say that some speech is hurtful - even hateful. Well, today Attorney General Jeff Sessions announced a plan to intervene. After Sessions finished his initial remarks... [Full Article...]

Sensex falls over 300 points; Rupee slides to almost six-month low

Sensex falls over 300 points; Rupee slides to almost six-month low The benchmark BSE Sensex fell 1.4%, or 447.60 points, to 31,922.44 while the broader Nifty 50 declined 1.6%, or 157.50 points, to end at 9,964.40. The S&P BSE Mid-Cap index fell 362.85 points or 2.27 percent to settle at 15,609.89. It was followed by SBI 3.73 percent, Tata Steel 3.64 percent, Reliance 3.07 percent, Hero Motoco 2.82 percent, Axis Bank 2.62 percent, Coal India 2.31 percent and... [Full Article...]

OPEC, allies steady on production cuts as oil supply shrinks

OPEC, allies steady on production cuts as oil supply shrinks Nigeria was first granted production cuts at the November, 2016 Ministerial Conference and this was later extended in May at another Ministerial Conference, until the country stabilizes its crude oil production. The focus of the meeting will be on OPEC members Nigeria and Libya, which were exempt from the initial deal. The ministerial meeting of OPEC countries and other big oil exporters started... [Full Article...]

How to record your screen on iOS 11

How to record your screen on iOS 11 For starters, after installing iOS 11 on an iPhone 7/7 Plus or the latest iPad Pros , they will use the new HEIC image format by default. This unexpected behavior has developers, interface designers, reviewers, and security experts scratching their heads. [Full Article...]

Nifty ends at new peak of 10153.10, Sensex rises 151 points

Nifty ends at new peak of 10153.10, Sensex rises 151 points The rupee on Thursday weakened over 10-week low against the U.S. dollar. Mumbai: Key Indian equity indices provisionally closed in the red on Thursday as investors remained cautious over another rate-hike in December signalled by the US Federal Reserve . [Full Article...]

Liliane Bettencourt, world's richest woman, dies at 94

Liliane Bettencourt, world's richest woman, dies at 94 The heiress began working for the family business at 15 labelling bottles of shampoo. Walmart heiress Alice Walton has become the world's richest woman following the death of Liliane Bettencourt , the heiress to the L'Oréal cosmetic company. [Full Article...]

Taco Bell to phase out drive-thru at some locations, adding booze

Taco Bell to phase out drive-thru at some locations, adding booze There are now 6,000 Taco Bells nationwide, but its latest vision caters to a slightly different, urban-leaning market. Taco Bell is preparing to open hundreds of " cantina style" restaurants across the country with some radical changes, according to a new report. [Full Article...]


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