Economy 381
Vistara signs codeshare agreement with Lufthansa, 6th with overseas airline
As part of the agreement, Lufthansa will add its 'LH' designator code to nearly 18 Vistara-operated flights every day covering ten Indian cities, including Delhi, Mumbai and Chennai
Pound-Australian Dollar Forecast: Fresh Three-Year Highs Ahead says Analyst
The Pound-to-Australian Dollar exchange rate trades at a new three-year high on Monday, December 03. amidst an ongoing lift in the broader Sterling complex
OKEx Prepares to Launch USDT-Margined Perpetual Swap Trading, Announces TMMR Risk Management Feature for Spot Margin Trading
OKEx, the leading global cryptocurrency futures exchange platform has announced that it is going to soon launch its USDT Margined Perpetual Swap Trading
Rakesh Jhunjhunwala voices support for Fortis-IHH deal, says no link to Singh brothers
Expressing shareholders' concerns over lag in IHH's planned open offer for Fortis, Rakesh Jhunjhunwala stressed that the deal was "fair" and IHH should conclude it since the open offer has been pending for a year
Takeover bids intensify for Just Eat food app
Prosus increases its cash offer for the food delivery firm.
Is Now the Right Time for a US-Israel Mutual Defense Pact?
U.S President Donald Trump and Israeli Prime Minister Benjamin Netanyahu promoted the idea of a Mutual Defense Treaty between their countries in September, with Netanyahu branding such a pact as being “historic” should it be achieved. The idea is now back in the headlines in Israel. Energy Minister and security cabinet minister Yuval Steinitz stated…
Shares, Commodity, Rupee Market LIVE Updates: Sensex up 100 points, Nifty over 11,950 led by auto, metal stocks
Share Market, Sensex, Nifty, BSE, NSE Share Price Today Live Updates: Catch all the LIVE market action here.
QNB to embrace digital transformation
Abdulla Mubarak Al Khalifa, Acting Group Chief Executive Officer of QNB said yesterday that Qatar’s banking sector is well capitalised, with high asset quality and robust profitability. The capital adequacy ratio stands at 17 percent, well above Basel III guidelines. Asset quality remains high with non-performing loans (NPLs) at 1.9 percent, one of the lowest in the region. Profitability remains solid with returns on equity (RoE) over 15 percent, he said while addressing The Euromoney Qatar Conference.
Putin, Zelenskyy to hold first summit on Ukraine conflict
Russian President Vladimir Putin will for the first time hold formal talks with his Ukrainian counterpart, Volodymyr Zelenskyy over the conflict in Ukraine's east on Monday in a much-anticipated summit in the French capital, Paris.
The best and worst regional housing markets
CoreLogic names the best and worst performing regions in the country.
5 Cryptocurrency Trading Tips (By a Trader)
The difference between an unprofitable or slightly profitable trader, and a wildly profitable cryptocurrency trader, are often just a few tiny tweaks to the trader’s mentality and strategy.
Asian markets subdued ahead of key US-China tariff deadline
Asian stocks edged up on Monday following surprisingly strong US jobs data, but gains were subdued amid concerns over the [...]
Top CEOs call out CompCom over #DataMustFall
Telkom’s Sipho Maseko and Johan van Zyl of African Rainbow Capital argue that the competition watchdog’s decisions on data prices will do more harm than good.
Naspers spin-off Prosus ups Just Eat offer to £5.1-billion
Naspers spin-off Prosus has raised its bid for UK food delivery firm Just Eat as it tries to win over investors and beat out an offer from rival Takeaway.com.
Guns blaze in Ukraine as leaders meet in Paris
Hundreds of explosions and bursts of small arms fire were reported on the contact line in east Ukraine, as France prepares to host the first peace summit on the war in three years.
Government debt is not a free lunch
With interest rates on government debt at multi-decade lows, a number of leading economists have argued that almost every advanced economy can allow debt to drift up toward Japanese levels (over 150 percent of GDP even by the most conservative measure) without any great concern about long-term consequences. Advocates of much higher debt might be…
International Breweries opens N164b rights issue - The Nation Newspaper
International Breweries has opened application list for its N164 billion right issue, in a major recapitalisation that will see the Belgian core ...
China claims everyone in Xinjiang camps has 'graduated'
People who were at vocational training centers in China's far west Xinjiang have all "graduated" and are living happy lives, an official said Monday. But U
European shares flat as China data stokes slowdown worries
(For a live blog on European stocks, type LIVE/ in an Eikon news window)Dec 9 (Reuters) - European stocks were flat on Monday as new data from China signalled a slowdown in the world's second-largest economy, stoking fresh concerns about slowing global growth.The pan-European STOXX 600 index was trading flat at 0803 GMT, after closing more than 1% higher on Friday following a robust U.S. jobs report.
Keysight Reports A Strong Quarter
Keysight Technologies reported a fiscal fourth quarter that beat analyst expectations.Fiscal 2019 saw adjusted operating income more than double from 2018.The valuation is attractive as the company's
Foreign capital inflows into telecoms rise by $659.03m
The country’s desire to deepen broadband penetration nationwide is hinged on capital investment into the telecom sector. IFE OGUNFUWA examines how the sector has fared in investment in the past two...
Invest In Crypto Stocks Instead Of Actual Cryptocurrency
Just a few short years ago, buying up cryptocurrency was all the rage. In theory, you could spend a little on Bitcoin or one of the other popular cryptocurrencies, and cash out with an astonishing rate of return....
Govts agree on national API standards
To keep IT systems interoperable.
Bristol-Myers Squibb Co (NYSE:BMY) Given Consensus Recommendation of “Buy” by Brokerages
Bristol-Myers Squibb Co (NYSE:BMY) has been given a consensus recommendation of “Buy” by the nineteen research firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and eleven have given a buy recommendation to the company. The average 12-month target price […]
Stocks slip as investors weigh outlook for US-China trade
Tokyo (AP) - Stock markets weakened during European trading on Monday as investors weighed the possibility of more U.S. tariffs on China and the outlook for negotiations on the trade dispute.
UBank adopts Basiq's AI-powered tools to help Millennials budget
Open banking will help the NAB subsidiary crunch data to help younger customers save more.
Government nickel ore export ban to hit newly listed company
From its exports in 2018, Ifishdeco earned Rp 365 billion (US$26 million), more than double the Rp 140 billion pocketed from domestic sales.
Payday lenders have embraced installment loans to evade regulations – but they may be even worse
Use of installment loans has grown dramatically in recent years – all without the regulatory scrutiny that tamped down on abuses in the payday loan market.
The Fed's recent repo crisis was the fault of big banks and hedge funds, new study finds
September's repo-rate spike was driven by big banks and hedge funds, the Bank for International Settlements wrote in a report released Sunday. T...
North Korea calls Trump 'erratic' old man over tweets
SEOUL, South Korea (AP) - North Korea insulted U.S. President Donald Trump again on Monday, calling him a heedless and erratic old man after he tweeted that North Korean leader Kim Jong Un wouldn't want to abandon a special relationship between the two leaders and affect the American presidential election by resuming hostile acts.
Exercise your way to a lower insurance premium
It’s just what your doctor prescribed — stay fit, reduce premium on your health policy
CEOs call for fiscal stimulus
Australia's top business leaders say infrastructure spending, tax cuts and investment breaks should be used to boost sluggish growth.
With No Revenue or Approved Treatments, Ocugen Stock Is a Clear Sell
Because if you do, you’ll probably lose all your principal and a tax deduction would then be the only benefit to owning OCGN stock.
CEOs want urgent action to boost economic growth
Chanticleer's annual survey of 40 CEOs has uncovered some sage advice for government on how to kick-start the economy.
Magenta Therapeutics (NASDAQ:MGTA) Receives Neutral Rating from Goldman Sachs Group
Goldman Sachs Group reaffirmed their neutral rating on shares of Magenta Therapeutics (NASDAQ:MGTA) in a research note issued to investors on Friday, BenzingaRatingsTable reports. The brokerage currently has a $18.00 price objective on the stock. MGTA has been the subject of several other reports. ValuEngine cut Magenta Therapeutics from a hold rating to a sell […]
Things Are Going from Bad to Worse for Aurora Stock
Does Aurora Cannabis stock offer an intriguing, compelling trade? Yes. However, realistically getting to that point is a major problem.
Bloomberg Lists Top Cryptocurrencies of 2019: Bitcoin Comes in Second, With XRP And Stellar Lagging Behind
Bitcoin had a big 2019, with a 101% jump in price from $3,742 to $7,537 at time of publishing, according to CoinMarketCap. But despite its blockbuster performance, Bitcoin is not the number one crypto asset of the year, in terms of performance.
‘Who’s going to make the first move?’: Canada not alone in the Huawei dilemma
Nations around the world seek direction on whether to allow the Chinese company’s equipment into 5G networks
Bitcoin Price Fills $7.5K Futures ‘Gap’ as Trader Weighs $8K Potential
Mixed performance over the weekend nonetheless failed to inject volatility into Bitcoin markets, with attention now focusing on preserving support at $7,400.
A bold escape from a negative rate world
The Riksbank will be the first central bank in Europe to exit negative rates, which have fostered political and social discontent without any material economic recovery.
A Framework for Regulating Competition on the Internet
Understanding the differences between platforms and Aggregators is critical when it comes to considering regulation.
Hormel: Great Dividend Grower, But Significantly Overpriced
HRL is a dividend aristocrat, with 50+ consecutive years of annual dividend increases.However, the company posted negative EPS growth in 2019 and analysts expect that trend to continue into 2020.HRL h
McDonald's black franchisees are fighting to earn as much as their white counterparts, as dozens leave the company they once considered family, Business Insider - Business Insider Singapore
Business Insider - Over the past decade, black franchisees have seen the disparities between them and the rest of McDonald's franchisees grow.. Read more at businessinsider.sg
4 Cybersecurity Stocks to Buy for Long-Term Gains
Secular tailwinds underpinning the cybersecurity market remain as favorable as ever, meaning these four cybersecurity stocks are good buys.
Banks could face forced legacy systems cull
RBA floats closure of direct debits for real-time automation.
Infrastructure developers await law on PPP - VietNamNet
The National Assembly is working on an investment law on public-private partnerships (PPP) which investors hope will settle legal conflicts.
Patterson Companies (NASDAQ:PDCO) PT Raised to $22.00
Patterson Companies (NASDAQ:PDCO) had its target price hoisted by Robert W. Baird from $19.00 to $22.00 in a research report report published on Friday, AnalystRatings.com reports. Robert W. Baird currently has a neutral rating on the stock. PDCO has been the subject of a number of other reports. Wolfe Research set a $17.00 target price […]
McDonald’s black franchisees are fighting to earn as much as their white counterparts, as dozens leave the company they once considered family
Many black McDonald’s franchisees say they consider the fast-food giant to be a sort of McFamily. They have “ketchup in their veins,” dreaming of passing locations of the fast-food chain down to the next generation.
Fireangel Safety Technology Group (LON:FA) Sets New 52-Week Low at $9.50
Fireangel Safety Technology Group PLC (LON:FA) shares hit a new 52-week low during trading on Monday . The company traded as low as GBX 9.50 ($0.12) and last traded at GBX 9.50 ($0.12), with a volume of 1807590 shares traded. The stock had previously closed at GBX 12.75 ($0.17). The stock has a market capitalization […]
How much do workers in Switzerland earn - and which jobs are the best paid?
Wages are high in Switzerland - which is just as well due to the sometimes prohibitive cost of living. But how much on average do Swiss people actually earn - and which jobs are the best paid?
The 5 Best Industrial Stocks to Buy for 2020
Assuming the economy avoids a protracted slowdown next year, these companies' catalysts could deliver strong gains for investors.
Critical Comparison: Standard Chartered (OTCMKTS:SCBFF) & Hanmi Financial (OTCMKTS:HAFC)
Hanmi Financial (NASDAQ:HAFC) and Standard Chartered (OTCMKTS:SCBFF) are both finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, institutional ownership, dividends, profitability, earnings and risk. Profitability This table compares Hanmi Financial and Standard Chartered’s net margins, return on equity and return […]
Slowdown blues to limit rise in job creation at 7% in October-March: report
Positive hiring outlook was reported in sectors like healthcare & pharmaceuticals, information technology, e-commerce and tech start-ups, educational services, KPO, power and energy, and logistics
Sweden to prosecute ex-China envoy over Gui meetings
Sweden's former envoy to Beijing is to go on trial for overstepping her duties by trying to negotiate the release of a Chinese-Swedish dissident held in China, prosecutors in Stockholm said Monday.
Don’t Let China Win the Green Race
America should be leading the way on clean energy, not falling behind.
Kenneth Hayne's climate rebuke 'unfair'
Australia's biggest pure-play coal miner believes the High Court judge's criticism of Australian company directors on climate risk was unfair.
Intertek Group (ITRK) – Analysts’ Recent Ratings Updates
A number of research firms have changed their ratings and price targets for Intertek Group (LON: ITRK): 12/9/2019 – Intertek Group had its “buy” rating reaffirmed by analysts at Deutsche Bank AG. 11/27/2019 – Intertek Group had its “neutral” rating reaffirmed by analysts at UBS Group AG. 11/27/2019 – Intertek Group had its price target […]
Benchmark Lowers Harvard Bioscience (NASDAQ:HBIO) to Buy
Harvard Bioscience (NASDAQ:HBIO) was downgraded by analysts at Benchmark to a “buy” rating in a research note issued to investors on Monday, The Fly reports. HBIO has been the subject of several other research reports. ValuEngine cut Harvard Bioscience from a “buy” rating to a “hold” rating in a report on Tuesday, October 22nd. Zacks […]
Sandler O’Neill Downgrades FB Financial (NYSE:FBK) to Hold
FB Financial (NYSE:FBK) was downgraded by investment analysts at Sandler O’Neill from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, The Fly reports. Several other analysts also recently weighed in on FBK. Zacks Investment Research raised shares of FB Financial from a “sell” rating to […]
Gladstone Land: It's Economics 101
Farmland is the perfect asset class because the lower supply of arable land leads to higher profitability for the most fertile farm.In turn, that leads to steady appreciation of value and rental growt
A2 Milk wanted a change agent but was rattled by Hrdlicka's speed
The sudden departure of a2 milk chief executive Jayne Hrdlicka has shocked investors but the discord between her and the board rendered the CEO continuing in the job impossible.
Trump warns North Korea's Kim has 'everything' to lose through hostility
US President Donald Trump has warned that North Korea's Kim Jong Un had 'everything' to lose through hostility towards the United States, after Pyongyang said it had carried out a major new weapons test.
Suraksha Realty confident of acquiring Jaypee Infra, voting from Dec 10
Suraksha Realty is owned by Sudhir Valia, the brother-in-law of Sun Pharma promoter Dilip Shanghvi
Bitcoin, Ether, and XRP Weekly Market Update December 9, 2019
The total crypto market cap added $6.5 billion of value during the last seven days and now stands at $204.2 billion. The top 10 currencies are mostly in red for the same time frame with Bitcoin SV (BSV) and Litecoin (LTC) being the best performers with 7.6 and 4.5 percent of loses respectively. By the time of writing bitcoin (BTC) is trading at $7,505 while ether (ETH) stands around $150. Ripple’s XRP is trading at $0.228.
Credit Unions Find Opportunity In Payments Disruption
CULedger discusses credit unions' opportunity in payments innovation by being "rail agnostic" and supporting digital identity, data exchange and value exchange.
Lennar (NYSE:LEN) Research Coverage Started at Goldman Sachs Group
Goldman Sachs Group initiated coverage on shares of Lennar (NYSE:LEN) in a research report released on Friday morning, 24/7 WallStreet reports. The firm issued a buy rating and a $71.00 price objective on the construction company’s stock. Several other research analysts have also issued reports on the stock. JMP Securities increased their target price on […]
Oil bulls gearing up for a rally, but Trump may play spoilsport
Oil traders should remain cautious and not get too carried away by the Opec+ saga.
Obamacare back at the high court — with billions for insurers on the line
More than $12 billion is at stake for the nation's health insurers Tuesday when the Supreme Court hears another Affordable Care Act case.
Banks to quiz borrowers about Netflix, private school
Lenders should be asking customers to prove they can save money for loans by cancelling their Netflix subscriptions under new responsible lending guidelines.
ISS recommends shareholders vote against Baker-led offer for HBC
TORONTO — An influential proxy advisory service is recommending shareholders vote against a takeover offer for Hudson's Bay Co. by a group led by the retailer's executive chairman.
Trump Officials Block U.N. Meeting on Human Rights Abuses in North Korea
The U.S. is trying to preserve a diplomatic opening with Kim Jong-un, even as North Korea dismisses President Trump as a “heedless and erratic old man.”
Marginal Rejig In GST Structure Can Be Combined With Income Tax Cuts
The right thing to do is to accept a slightly higher rate of fiscal deficit in the short run.
Ulta Beauty (NASDAQ:ULTA) Price Target Raised to $230.00
Ulta Beauty (NASDAQ:ULTA) had its target price raised by Nomura from $215.00 to $230.00 in a report published on Friday morning, BenzingaRatingsTable reports. The brokerage currently has a reduce rating on the specialty retailer’s stock. A number of other brokerages also recently issued reports on ULTA. Stifel Nicolaus dropped their price target on Ulta Beauty […]
-$0.31 Earnings Per Share Expected for Arlo Technologies Inc (NYSE:ARLO) This Quarter
Wall Street brokerages expect Arlo Technologies Inc (NYSE:ARLO) to post earnings of ($0.31) per share for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for Arlo Technologies’ earnings, with the lowest EPS estimate coming in at ($0.32) and the highest estimate coming in at ($0.29). Arlo Technologies posted earnings per […]
A North Korea Crisis for Christmas
Gordon Chang: "There will be a year-end crisis this year, but it will be one that takes Pyongyang by surprise. All Kim needs to do is ask Xi Jinping what happens when Trump gets frustrated and loses
Sweden to prosecute ex-China envoy over Gui meetings
Sweden's former envoy to Beijing is to go on trial for overstepping her duties by trying to negotiate the release of a Chinese-Swedish dissident held in China, prosecutors in Stockholm said Monday. Anna Lindstedt is accused of brokering an unauthorised meeting during her time as ambassador to get
What To Remember From Ulta Beauty's Q3 Earnings
Ulta Beauty reported numbers that exceeded expectations and show that the growth deceleration is stabilizing.Ulta is outperforming its competitors significantly by improving customer satisfaction and
7 Low-Risk Mutual Funds to Buy Now
An array of low-risk mutual funds spanning multiple asset classes are currently available to investors. Here are seven worth a look.
North Korea insults Trump as 'heedless and erratic old man' as tension rises
Pyongyang responds to tweets on denuclearization and says ‘the time when we cannot but call him a ‘dotard’ again may come’
Global stocks whacked as China export decline highlights trade war damage
LONDON, Dec 9 — Global equity markets were in a sombre mood today after Chinese export data highlighted the economic damage from the 17-month long trade war and re-focused attention on a crucial December 15 tariff deadline. The only big winner of the day was the British pound which surged to...
If You Haven’t Ditched NBEV Stock Yet, Now Is the Time
NBEV stock is an irredeemable loser. The CEO is selling shares and the company is in debt and losing money.
Trump a 'heedless and erratic old man,' North Korea says, after tweets about Kim Jong Un
North Korea took aim at President Trump on Monday, dubbing him a "heedless and erratic old man" after he tweeted leader Kim Jong Un wouldn't want to "void his special relationship" with him or the U.S. by interfering in the 2020 election by acting "in a hostile way."
Analysis: FCMB is running out of time
Despite some of the transformations currently being recorded in the bank, success and consistency seem to be eluding it.
Ho, Ho, Ho, or No, No, No: Will BTC See a Santa Rally This Year?
Since its creation, the price of BTC has often seen sustained increases through the last week of the year. Could this year be different?
GRAINS-Soybeans at 2-week high as China tariff waivers add to trade hopes
* Soybeans up for 5th session on hopes of U.S.-China deal * China to exempt some U.S. soybeans, pork from tariffs * Wheat eases, corn little changed ahead of USDA data (Updates with European trading, changes byline/dateline) By Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, Dec 9 (Reuters) - Chicago soybean futures rose for a fifth straight session on Monday to their highest in almost two weeks, after China's announcement last week about tariff waivers for U.S. soybean and pork encouraged hopes of a trade agreement.
Prosus increases its offer for Just Eat, with a new twist
The latest offer makes more sense and increases the chance of success.
Prosus hikes hostile bid for Just Eat
LONDON, Dec 9 — Prosus, Europe’s largest consumer-tech company, said today it has hiked its hostile takeover bid for Just Eat, in an attempt to derail the latter’s merger deal with peer Takeaway.com. Prosus announced in a statement that it has lifted its bid to £74 pence per share or about...
10 things you need to know before the opening bell, Business Insider - Business Insider Singapore
Business Insider - This is what traders are talking about.. Read more at businessinsider.sg
‘Old man’ Trump is ‘bluffing’ says North Korea: KCNA
North Korea on Monday slammed US President Trump for "bluffing" and called him "an old man bereft of patience" as Pyongyang ramps up pressure on Washington over stalled nuclear talks.
Aluminium firms seek cut in input duties as production costs, imports swell
Industry is dogged by inverted duty structure. While calcined petroleum coke import suffers 10%, finished aluminium attracts 7.5% duty. Caustic soda lye import is taxed at 7.5% versus 5% on alumina
OPEC reaches deal to cut oil production
The powerful Organization of the Petroleum Exporting Countries (OPEC) and its allies reached a deal Friday to cut production by 500,000 barrels per day in...
10 things you need to know before the opening bell
Here is what you need to know.
North Korea resumes insults of 'erratic old man' Trump
A senior North Korean official called President Donald Trump a "heedless and erratic old man", resuming insults of the American leader that were set aside during a rare thaw in relations.
5 Bold Predictions for the Stock Market in 2020
Some scenarios that could play out over the next year.
Sweden charges former China envoy over dissident bookseller case
Swedish prosecutors said on Monday they had brought criminal charges against the country's former ambassador to China over unauthorized meetings in Stockholm aimed at freeing dissident bookseller Gui Minhai. Anna Lindstedt was replaced as ambassador in February amid a furore over her alleged role
Silicon Labs Executing On Its IoT Opportunity, With Infrastructure Likely To Get Better In 2020
IoT continues to drive Silicon Labs' growth, and particularly its strong wireless portfolio, which saw better than 20% growth in the third quarter. Infrastructure is being held back by weakness in the
iDreamSky in Talks to Buy Gaming Company Leyou for $1.4 Billion
iDreamSky has entered negotiations for the takeover of Leyou Technologies and has reportedly submitted a $1.4 billion bid.
The daily business briefing: December 9, 2019
Democrats and the White House reach a deal on parental leave, Frozen 2 dominates the box office for a third week, and more
The Fed's liquidity problem hasn't yet gone away — and an abrupt shock may be looming in 2020, Business Insider - Business Insider Singapore
Business Insider - Even with hundreds of billions of dollars in new liquidity created out of thin air, it's too soon for the Fed to signal a clear coast for repo markets.. Read more at businessinsider.sg
Stay away from YES Bank till fund raising takes place: Gurmeet Chadha
There is news that YES Bank may deny Erwin Singh Braichs offer. My sense is while the board recommended it, it is probably having a rethink on how it is going to work out with RBI. My advice to investors is to stay away from YES Bank till the fundraise actually happens. The frequent flip-flop is fast becoming a joke.
Greece and Turkey in War of Words over accusations of Greek army ‘war crimes’
Turkey’s constant efforts to distort historical facts are regretful and sadly expose it. As does its use of inappropriate expressions. We will not follow suit.
Lack of Profitability Is a Significant Risk for Zillow Stock
A lack of profits has kept Zillow stock stuck in neutral for 3 years, and it looks like these profitability issues are here to stay.
Analysts Set Huazhu Group Ltd (NASDAQ:HTHT) Price Target at $35.73
Huazhu Group Ltd (NASDAQ:HTHT) has earned a consensus rating of “Hold” from the eighteen research firms that are currently covering the firm, Marketbeat reports. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company. The average 1 year price […]
Winds Might Be Changing For Vestas
The company has grown fast in a favorable market environment, having a 5-year CAGR if 8%.Despite the record-high order backlog in Q3/2019, the company identified the impact of tariffs and increased ex
10 things you need to know before the opening bell
Here is what you need to know.
Jumia to Cease Operations in Rwanda, Shuts Down Jumia Travel in Nigeria
Jumia is continuing with its optimization moves where they'll cease operations in Rwanda and shut down Jumia Travel in Nigeria
Shopify: Beware Of Deceleration
Shopify is up 160% year-to-date, crushing the S&P 500's year-to-date performance.While the company continues to put up record revenue each quarter, there are signs that we're seeing even more material
3 Big Things Today, December 9, 2019
Soybeans were higher in overnight trading on U.S.-China trade optimism.
Rate cap: Who between governor and banks will blink first?
Njoroge has a tough task of ensuring that in post rate capping regime, Wanjiku is protected from ravenous lenders
China reportedly bans foreign technology in its government and public offices
China is reportedly planning to ban all government offices and public institutions from using foreign software and computers in a move that could dent sales by US tech companies and increase tensions at a crucial moment in the trade war.
All Xinjiang de-radicalization trainees graduate, find jobs, lead happy life: official
Trainees who used to be influenced by extremism have all graduated from the vocational education and training centers in Xinjiang, a senior official with Northwest China's Xinjiang Uyghur Autonomous Region told reporters in Beijing on Monday.
Putin set for landmark Paris talks on Ukraine conflict
Russian leader Vladimir Putin will hold formal talks Monday for the first time with his Ukrainian counterpart Volodymyr Zelensky over the conflict in Ukraine's east, at a highly anticipated summit in Paris.
Can Buy Now Pay Later Solutions Cut Through The Holiday Noise?
U.S. consumers are expected to spend roughly $149 billion online this holiday season — but many are still paying off credit card bills from last year's splurge. Getting consumers to spend, without making them feel overextended, may require new methods. In the inaugural Buy Now, Pay Later (BNPL) Tracker, Nick Kaplan, president of fashion brand Fashion To Figure, explains how BNPL solutions are becoming key to giving consumers financial flexibility and merchants more sales.
EUR/CHF Could Find Upside In 2020
The euro has fallen against the Swiss franc over the majority of its life.However, the EUR/CHF interest rate differential remains in a positive position (on a central bank rate basis, the spread is po
Pound-New Zealand Dollar Forecast: Fighting to Hold 2.0 Level
There is a distinct possibility that GBP/NZD does in fact go lower as foreign exchange markets engage in 'buy the rumour, sell the fact' behaviour on the election result.
NSE asks investors to be careful in executing PoA with stock brokers
The latest communication comes against the backdrop of Karvy Stock Broking Ltd unauthorisedly transferring securities worth Rs 2,300 crore of more than 95,000 clients, into its account
A War with North Korea Would Bring Chaos to Millions. There Is Another Option.
Maximum pressure has failed and the cost of a military option is unacceptably high. A peace agreement is the only option.
YES Bank may reject $1.2 billion offer from Canadian investor
At a board meeting on Tuesday, YES Bank is expected to reject an offer from Canada's Erwin Singh Braich and Hong Kong-based SPGP Holdings to contribute $1.2 billion toward the fund raising
The Phantom Metric: What Really Drives U.S. Equity Valuations?
Investors continue to question whether US equity valuations are too high, particularly for growth companies and versus other global markets.The risk premium is a good gauge of market sentiment.Valuati
Mutual Funds’ asset base hit all time high of Rs 27 lakh crore on inflow in debt schemes
Mutual fund houses witnessed an overall inflow of Rs 54,419 crore last month as compared to Rs 1.33 lakh crore in October.
The Fed’s liquidity problem hasn’t yet gone away — and an abrupt shock may be looming in 2020
Even with hundreds of billions of dollars in new liquidity created out of thin air, it’s too soon for the Fed to signal a clear coast for repo markets.
Sweden’s former China envoy charged over detained HK bookseller
Anna Lindstedt alleged to have held unauthorised negotiations with foreign power
Bursa Malaysia ends lower on subdued sentiment
KUALA LUMPUR, Dec 9 — Bursa Malaysia finished lower today on subdued sentiments as weak export data from China, the country’s biggest trading partner, signalled weakness for the broader Asian economy. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 5.73 points to 1,562.71 from Friday’s...
Viper Energy Partners LP (NASDAQ:VNOM) Receives $39.87 Average PT from Brokerages
Shares of Viper Energy Partners LP (NASDAQ:VNOM) have earned an average rating of “Buy” from the nineteen research firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, fifteen have assigned a buy recommendation and one has given a strong […]
Cloud Stocks: VMware Builds Up With Acquisitions
VMware's third-quarter revenues grew 12% over the year to $2.46 billion versus the Street estimate of $2.41 billion.For the fourth quarter, the company expects license revenue to grow 13% to $1.39 bil
Anti-doping agency imposes 4-year ban on Russia
The Russian flag and national anthem were banned from next year's Tokyo Olympics and other major sports events for four years on Monday.
Vistara signs codeshare agreement with Lufthansa
India Business News: Vistara has entered into a codeshare pact with German airline Lufthansa, the sixth such agreement with an international airline as the domestic full s
Here's why Saudi Aramco's stock is unlikely to plunge on its debut
From bonus shares to a fat dividend, there's a lot to underpin the price, at least initially
North Korea calls Trump ‘erratic old man’ after tweets
The comments came after Donald Trump tweeted that North Korea’s Kim Jong Un would not want to abandon a special relationship between the two leaders.
WADA bans Russia from Olympics over doping scandals
Russia will be barred from competing in next year’s Tokyo Olympics and the 2022 Beijing Winter Games after the World Anti-Doping Agency on Monday banned the powerhouse from global sports for four
GE Stock is a Buy as CEO Larry Culp Addresses the Mess He Inherited
GE stock holders may have been disappointed with the decision to keep the dividend at a penny. But the new CEO is running a marathon, not a sprint.
Blockchain, A Four-Time Waltz: Bitcoin, Ethereum, Libra & the CBDCs – The Need for a New Balance
We have deliberately chosen to limit our presentation, for pedagogical reasons, to the four fundamental periods represented by the emergence of Bitcoin, Ethereu
A British oil stock tanked 60% after the shock resignation of the CEO and head of exploration
Tullow Oil, a British oil company, tanked on Monday morning after the company announced the resignation of its CEO and exploration director as well as cutting its production guidance. Tullow’s board also suspended its dividend.
North Korea calls Trump ‘erratic old man’ after tweets
The comments came after Donald Trump tweeted that North Korea’s Kim Jong Un would not want to abandon a special relationship between the two leaders.
Dollar holds ground as central bank meetings loom, pound jumps
LONDON, Dec 9 — The dollar held its ground today thanks to last week’s stronger-than-expected jobs data, although worries about US/China trade talks kept gains in check, while Britain’s pound jumped on the latest polls ahead of this week’s election. Sterling hit a fresh 2-1/2 year high...
NZD/USD consolidates last week's gains, trades above mid-0.65s
The NZD/USD pair registered one of its largest weekly percentage gains last week as it added more than 140 pips to close at 0.6563. However, with inve
Sensex falls 70 pts in early trade; banking stocks drag
Equity benchmark BSE Sensex on Monday fell over 70 points in early trade, dragged mainly by losses in financial and banking stocks amid persistent foreign fund outflows. The 30-share index was
A British oil stock tanked 60% after the shock resignation of the CEO and head of exploration
Tullow Oil, a British oil company, tanked on Monday morning after the company announced the resignation of its CEO and exploration director as well as cutting its production guidance. Tullow’s board also suspended its dividend.
India makes modest progress in Human Development Index, fares poorly in gender equality
In India, 27.1 crore people were lifted out of poverty from 2005-06 to 2015-16. The steady progress was due to nearly three decades of rapid development, which had seen a dramatic reduction in absolute poverty, along with gains in life expectancy.
New Age Beverages Stock Remains a High-Risk, High-Reward Situation
NBEV stock could rise by seven-fold from here, but it's far more likely that shares remain weak thanks to glaring profitability issues.
Payday firms offer loans @ 500%
India Business News: NEW DELHI: They are banned in 15 states in the US, China has capped the interest they can charge and consumer groups in European countries are fightin.
'Old man' Trump is 'bluffing' says North Korea: KCNA
North Korea on Monday accused US President Trump of
Bison Trails Founder on Libra Membership & $25.5M Funding Round
Joe Lallouz speaks on the future of blockchain infrastructure and the company that he founded, Bison Trails.
U.S. Dollar Czar: “No Need” for Fed Issuing Digital Dollar in Next 5 Years
In recent weeks, there has been growing talk among influential U.S. figures concerning the prospects of "digitizing" the dollar via blockchain technology.
Nigeria's weak operating environment is still a challenging factor for the banking sector
Moody's Investors Service has said that Nigeria's weak operating environment posed a challenge to the banking sector in maintaining the recent improving trend, particularly as regards asset quality, given the increasing bank lending.
WTI drops 1% towards $ 58.50 amid trade tensions, weak China exports
WTI (oil futures on NYMEX) is down over $1 from three-month highs of 59.85 reached last Friday after the OPEC and its allies (OPEC+) agreed to deepen
10 CLSA India employees may join Jefferies: ET NOW
CLSA analysts Mahesh Nandurkar and Ashish Agrawal are among those employees who are making the switch.
Share market highlights: Sensex ends 43 points up, Nifty near 11,950; TCS, HCL Tech top losers
Share Market News Today | Sensex, Nifty, Share Prices LIVE: The headline indices Sensex and Nifty ended marginally higher on Monday afternoon, amid volatility.
Crypto Is Money: Dai Stablecoin Support Arrives on Coinbase Debit Card
If you can spend cryptocurrency in mainstream society, then crypto is money -- at least so says the tech's biggest proponents.
North Korea calls Trump ‘erratic old man’ after tweets
The comments came after Donald Trump tweeted that North Korea’s Kim Jong Un would not want to abandon a special relationship between the two leaders.
$251m equity raising a bridge too FAR?
FAR's $US350 million debt raising is in train but it is also seeking to sell a big equity stake.
Winners of the Digital Sky Challenge announced
BRUSSELS - The winners of the aviation challenge themed as Digital Sky Challenge1 were announced at the awards ceremony as part of the SESAR Innovation Days2 on 4 December in Athens. Jointly organised by the SESAR JU and ACI Europe and hosted by Athens International Airport, the Digital Sky Challenge took place on 2-4 December in a dedicated airside facility of the airport. The event brought together 52 young tech-talents from 11 European countries competing in 12 teams to create breakthrough
Ex-Swedish ambassador to China faces trial over Gui Minhai meeting
Sweden's former ambassador to China faces an unprecedented trial over allegations she overstepped her authority during a meeting to secure the release of imprisoned bookseller Gui Minhai.
Russian athletes banned for 4 years on doping charges
WADA confirmed the Russian national team could not take part in the 2022 World Cup soccer in Qatar under the Russian flag
A British oil stock tanked 60% after the shock resignation of the CEO and head of exploration, Business Insider - Business Insider Singapore
Business Insider - Tullow Oil plunged after the CEO and the exploration director suddenly quit. The company also halted its dividend and reduced its production guidance.. Read more at businessinsider.sg
Golden Ocean Group: Very Strong Results Despite The Trade War
Golden Ocean Group delivered a phenomenal quarter despite the mixed headline numbers.The dry bulk trade set new records during the third quarter in spite of the escalating trade tensions between China
Catalyst Pharmaceuticals: A Potential Double In 2020
Firdapse is expected to be approved outside the U.S.Profitability is expected this year, and the P/E is only about 4.6.Catalyst's lawsuit against the FDA has a decent shot at success.The primary compe
Thrifty father-of-three reveals how he saves £2,000 a year and even gets money off his utility bills - just by scanning his supermarket receipts
EXCLUSIVE: Peter Chatfield, 39, from Deal in Kent, funded a family holiday to Disneyland Florida, after saving £2,000 through cashback on supermarket shopping apps and special offers.
USD/CHF starts new week quiet around 0.9900
Despite a 30-pip rebound fueled by the broad-based USD strength on Friday, the USD/CHF pair erased 100 pips for the week and is now staying flat on th
Putin set for landmark Paris talks on Ukraine conflict
Russian leader Vladimir Putin will for the first time hold formal talks with Ukrainian counterpart Volodymyr Zelensky over the conflict in ...
Trump warns Kim has 'everything' to lose through hostility
"Kim Jong Un is too smart and has far too much to lose, everything actually, if he acts in a hostile way," Trump tweeted in response to the unspecified test at the Sohae space launch center.
China says people held in Xinjiang camps have 'graduated', condemns U.S. bill
BEIJING (Reuters) - People held in camps in China’s Xinjiang region have now “graduated” and new trainees will have the freedom to come and go, the regional governor said on Monday.
SAIL reworks marketing strategy to draw high volume sales in November
Company clocks 36% YoY rise in volume sales to 1.40 million tonnes
NK tried out rocket engine in 'very important' test
Satellite imagery captured before and after North Korea conducted what it called a "very important" test at its missile launch site suggested it had tested a rocket engine, experts said on Monday.
Private equity tycoon Guy Hands looks to buy struggling Kier Living
Hands' private equity firm - Terra Firma Capital Partners - is one of the last remaining bidders for Kier Living.
Christmas Comes Early With These 28 Upcoming Dividend Increases
All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List.28 increases for next week (up from 5 last week).An average increase of 5.77%, medi
Lebanon's exit path from economic woes
The government should aim at restoring confidence through economic sustainability and balanced growth.
IITs end first week of placements on a high note, beating last year's show
IIT Kharagpur gets more than 1,000 job offers in a record five days, with 144 companies visiting the campus till Dec 5
Elastic: Dramatically Lowered Valuation Justifies Billings Slowdown
Shares of search company Elastic have peeled back ~20% ever since reporting Q2 results.Most notably, investors hammered the company on its deceleration down to 45% y/y billings growth (on a constant c
Starwood Property Trust: The Election Means Everything
Barry Sternlicht’s Starwood Property is a professionally managed company and a consistent dividend payer.Of late, the stock has been hit by news of its regional malls not doing well and the possibilit
Ethereum Price Analysis: ETH Claims $150 But Can It Go Any Higher?
Ethereum finally broke above the $150 level but now struggles at the resistance at $152. ETH broke beneath the lower boundary of the symmetrical triangle
Sensex rises 42 points; bank, auto stocks shine
The 30-share BSE Sensex stabilised in afternoon trade and settled with gains of 42.28 points or 0.10 per cent at 40,487.43.
Pakistan FM Shah Mahmood Qureshi’s Statement at 8th Heart of Asia Ministerial Conference
ISTANBUL, Turkey: The Foreign Minister Shah Mahmood Qureshi attended the 8th Ministerial Conference of the Heart of Asia – Istanbul Process held in Istanbul on December 9, 2019 under the theme “Peace, Partnership, Prosperity”. Foreign Minister of Pakistan Shah Mahmood Qureshi’s Statement at 8th Ministerial Conference Heart of Asia-Istanbul Process Distinguished Foreign Minister of Turkey, Honorable Acting Foreign Minister of Afghanistan, Excellencies,
Time to Remodel Your Portfolio With Home Depot Stock
Home Depot stock is finally finding some support after a sharp 10% drop. HD should begin to head higher over the coming weeks.
'Rocket Man' and 'The Dotard,' redux
Kim Jong Un is maintaining a balance of terror with the North Korean people, who have no means to escape.
Prestige Assurance appoints new Managing Director
Prestige Assurance Plc has appointed Sarberswar Sahoo as its new Managing Director following the expiration of Dr Balla Swamy’s tenure.
The 9 best airline credit cards for earning miles to book free flights
If you want to book free flights, a credit card from an airline or a bank that partners with frequent flyer programs is a must. Not only will you earn miles on every purchase you make, but you can also earn a welcome bonus that can jump-start your frequent flyer account balance and help you book an award flight sooner than you’d think.
The Saudi Aramco IPO Overvaluation Is Overblown
The Saudi Aramco IPO will surpass Alibaba's as the biggest in history.Analysts had made valuation estimates for the company that ranged from $1.1 trillion to $2.5 trillion.The company settled on a val
Challenges Faced by Running Mining Operations and How to Mitigate Against it
Whenever bitcoin mining is mentioned, it is normal for the mind to drift towards pickaxes, and getting oneself messed up with dirt while striking it big. Such thoughts aren’t far fetched from the actual meaning of bitcoin mining.
Shareholders in revolt over EOH pay policy
EOH is in the cross-hairs of shareholders over executive pay, with an astonishing 65% of shareholders voting against the group’s remuneration policy and its implementation at Thursday’s AGM.
DBJ to on-lend $5 billion to MSMEs
The Development Bank of Jamaica (DBJ) will be on-lending $5 billion to micro, small and medium-sized enterprises (MSMEs) over the next 12 months. This was announced by Minister of Finance and the Public Service, Dr Nigel Clarke, at the launch of...
Monday’s Vital Data: Bank of America, Apple and JPMorgan Chase
Options trading was buzzing in Bank of America, Apple and JPMorgan Chase stock. Here are the metrics that matter moving forward.
BMA Wealth investors stage protests, demand Karvy-like refund action
Investors said while Sebi acted swiftly in the case of Karvy, it has done nothing to address their problem
Tata Motors' Jaguar Land Rover retail sales fall 3% in November
Jaguar Land Rover (JLR) posted fifth straight month of double-digit sales growth of 29 per cent in China. North America sales also grew by 4.9 per cent during the month under review, achieving best ever November sales levels
Orchid Island Capital: In A Coma
Orchid Island Capital (ORC) has paid $10.705 as total dividend per share since its IPO in 2013.The company reported a disappointing Q3 2019 and was hit by analyst downgrades.For now, it’s a risky risk
We broke down the differences between credit card points and frequent flyer miles — here’s why you should be collecting both
Even though a ton of credit cards offer “points” or “miles” for every dollar you spend, those points can be very different things. Each bank and frequent flyer program has its own rewards currency that can be used in different ways. That makes it complicated when you’re trying to choose a credit card; two different cards could offer double points on purchases, but those points could have different values, and could be best for two different things.
Shareholders advised to vote against Richard Baker-led offer for HBC
An influential proxy advisory service is recommending shareholders vote against a takeover offer for Hudson's Bay Co. by a group led by the retailer's executive chairman.
Rupee darts up 16 paise to 71.04 against U.S. dollar
The rupee pared initial losses and settled 16 paise up at 71.04 against the U.S. dollar on Monday amid softening crude oil prices and weakening of the greenback vis-a-vis other currencies overseas. Fr
Yellow Cake Is A Lower Risk Investment In The Uranium Industry
Yellow Cake is trading at a discount to net asset value and the company has communicated it will rely on share buy-backs if the discount persists.The annual holding cost is expected to be relatively l
The 9 best airline credit cards for earning miles to book free flights, Business Insider - Business Insider Singapore
Business Insider - The best airline credit cards from American Airlines, Delta and more, plus more versatile options including the Chase Sapphire Preferred.. Read more at businessinsider.sg
Market watch: Index ends in red amid lack of triggers
Benchmark index decreases 289.44 points to settle at 40,442.81
Sensex rises 42 points in range-bound trade; bank, auto stocks spurt
Market benchmark BSE Sensex rose over 42 points on Monday to close at 40,487.43, driven by buying in select bank and auto counters. After opening on a weak note, the 30-share BSE Sensex stabilised in
Equity flows see sharpest dip in 3.5 years, slip 78% in November
Flows were 78% low compared to Oct; lump sum investments hit
Cytonn Ranks KCB As The Most Attractive Bank In Q3 of 2019
Cytonn Investments has ranked KCB Group as the most attractive bank in Kenya, in its Q3 2019 Banking Sector Report.The multi-investment company says that KCB's ranking is as a result of a strong f
Chilango confirms plans to launch CVA and exit leases
Embattled Mexican chain Chilango has confirmed that it plans to launch a company voluntary arrangement (CVA) in a bid to secure the future of its business.
Bitcoin - Correction Soon To Be Over
Bitcoin has been stuck in a bear market since December 17th, 2017.Its weekly chart is oversold and probably close to a trendchange.Professional money has not yet fully positioned for a new rally.There
Under NDCP, TRAI seeks industry's views on unbundled licensing regime
The move came after the Telecom Department sought the regulator's recommendation on the issue
3 Top Small-Cap Stocks to Buy Right Now
One way for investors to build wealth is to find great companies with growth potential while they're still small.
Buy Ollie's Ahead Of The Q3 Report
Ollie's is due to report Q3 earnings next week.With shares languishing, I think they represent compelling value.The key risk for Q3 is margin performance, but I see a lot of bad news priced in already
Rupee firms up to five-month high against dollar; strengthens by 15 paisa today
Moody
USD/JPY drops to fresh five-day lows below 108.50
After losing its momentum ahead of the 110 handle at the start of the previous week, the USD/JPY pair reversed its course and closed with a weekly los
Provable Things launch pTokens
pTokens, the world’s first token to enable decentralized finance interoperability between any…
Market Wrap, Dec 9: Sensex up 42 pts, Nifty at 11,937; Auto stocks gain
Sectoral indices ended the session mixed on the NSE. At close, Nifty Realty Index closed with a cut of 1.15 per cent, while Nifty Auto index closed 0.73 per cent higher
Russia banned from next Olympics and World Cup soccer
LAUSANNE/MOSCOW (Reuters) - Russia was banned from the world’s top sporting events for four years on Monday, including the next summer and winter Olympics and the 2022 soccer World Cup, for tampering with doping tests.
Business leaders in their own words on policy
Australian business leaders reveal what they want from government - and the big opportunity Australia missed in the past decade.
North Korea Resumes Insults of 'Erratic Old Man' Trump
Kim Jong Un has warned he may take a 'new path' if the United States fails to address his demands
Tata Motors share has gained 32% in last three months: Time to buy, sell or hold the stock?
Tata Motors share was reeling under losses as auto sector was clouded by economic slowdown for more than a year. Uncertainties on the global front also hit sales of its UK arm JLR which affected the stock
Saudi Aramco will exercise 15% greenshoe option in whole or part during first 30 days of trading: statement
RIYADH (Reuters) - Saudi Aramco will exercise its 15% greenshoe option in whole or part during the first 30 days of its trading period, its lead managers said.
Indo-Pacific connectivity needs support for good governance
Importantly, common governance rules and standards will address issues of sustainable financing and quality infrastructure, transparency in project preparation and accountability in project execution.
After Earnings, Watch for Workday Stock to Strike $168.50
Workday stock lean bearish on the charts. Its valuation is a little rich, particularly amid this earnings report. What's up with WDAY stock?
Tim Draper Asserts $250,000 Still in Bitcoin’s Scope as Price Flails
For some reason or another, many investors and analysts have begun to fear the worst for the medium-term outlook of the Bitcoin market over the past few months.
Oracle Co. (NYSE:ORCL) Receives $57.42 Average Target Price from Analysts
Oracle Co. (NYSE:ORCL) has earned an average recommendation of “Hold” from the thirty ratings firms that are covering the stock, Marketbeat reports. Five research analysts have rated the stock with a sell recommendation, seventeen have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year price target among […]
Why Europe will choose the US over China
America’s allies are belatedly heeding its warnings about the Chinese technology threat
Two arrested for murder of gangster Ashok Rathi: Police
Residents of Alipur village in Gurgaon, both the accused Narendra and Rohit, revealed that they held a grudge against the gangster because of a property dispute and family friction, and so they plotted his murder.
For IT pros, adding blockchain skills can pad your paycheck – by a lot
Beefing up on skills around blockchain development, management or engineering can earn techies some big bucks above their current salary.
3 Healthcare Stocks to Buy and Never Sell
A holding period of forever sounds perfect for these top-tier businesses.
Russia banned from Tokyo Olympics, other major sports events for 4 years
The Russian flag and national anthem were banned from next year's Tokyo Olympics and other major sports events for four years on Monday.
North Korea calls President Trump 'erratic old man' over tweets
North Korea insulted U.S. President Donald Trump again on Monday, calling him a “heedless and erratic old man” after he tweeted that North Korean leader Kim Jong Un wouldn’t want to abandon a special relationship between the two leaders.
For Growth Stocks, Profits Are The New Normal
Profitable companies outperform by a wide margin over time, even among high-growth companies, which often post losses early in their lifecycles.This year's equity market landscape is littered with hig
China reportedly bans foreign technology in government offices
China is reportedly planning to ban all government offices and public institutions from using foreign software and computers in a move that could dent sales by US tech companies and increase tensions at a crucial moment in the trade war.
Investors lay siege to SEBI office, demand Karvy-like action against BMA Wealth
On Monday, SEBI’s office came under siege as a crowd of 40-50 stock market investors blocked the main entrance of the regulator’s BKC office building. The commotion led to police being called to guard
Varonis Systems Inc (NASDAQ:VRNS) Given Average Recommendation of “Buy” by Brokerages
Varonis Systems Inc (NASDAQ:VRNS) has been given a consensus recommendation of “Buy” by the seventeen ratings firms that are currently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average twelve-month target price among analysts that […]
Indian Full Service Carrier Vistara Signs Codeshare Pact With German Aviation Major Lufthansa
New Delhi (Sputnik): The aviation sector in India contributes $72 billion to its Gross Domestic Product. The country has 464 airports, of which 125 are owned by the government. According to Indian Commerce Ministry statistics, Foreign Direct Investment in India’s aviation sector reached $1.8 billion between April 2000 and December 2018.
Mutual Funds' asset base hits Rs 27 trn, bank, PSU funds top allocation
Mutual fund houses witnessed an overall inflow of Rs 54,419 crore last month as compared to Rs 1.33 lakh crore in October
Goldman raises oil forecast on Opec output cuts
The bank revised its Brent spot price forecast to $63 per barrel for 2020.
Natural Gas - Something Needs To Happen Soon
The January contract displays an oversold condition.Stocks are slowly dropping.It is too early for carnage on the downside, but time is running out.The spring of 2020 could be ugly - an opportunity.U.
Asian shares rise after buying mood on Wall Street ends week
TOKYO — Asian shares were mostly higher Monday cheered by a buying mood on Wall Street that came at the end of last week.
Satellite images show North Korea tried out rocket engine in 'very important' test: Report
Satellite imagery captured before and after North Korea conducted what it called a "very important" test at its missile launch site suggested it had tested a rocket engine, experts said on Monday. It was the latest of a series of weapons tests and statements from Pyongyang, as its year-end deadline for Washington to soften its stance in denuclearisation talks draws near.
North Korea Calls Trump 'Erratic' Old Man Over Tweets
Former nuclear negotiator Kim Yong Chol said North Korea wouldn’t cave in to U.S. pressure because it has nothing to lose.
BIO-TECHNE Corp (NASDAQ:TECH) Director Sells $435,700.00 in Stock
BIO-TECHNE Corp (NASDAQ:TECH) Director Harold J. Wiens sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $217.85, for a total value of $435,700.00. Following the transaction, the director now owns 7,221 shares in the company, valued at $1,573,094.85. The transaction was […]
India to witness 7.12% rise in job creation in October-March: Report
India Business News: India is expected to witness a marginal 7% rise in job creation in the October-March period, as subdued economic conditions have dampened employment o
Putin set for landmark Paris talks on Ukraine conflict
Russian leader Vladimir Putin will for the first time hold formal talks with Ukrainian counterpart Volodymyr Zelensky over the conflict in Ukraine's east on Monday, in a much-anticipated summit in Paris.
China says people held in Xinjiang camps have ‘graduated’, condemns U.S. bill
People held in camps in China’s Xinjiang region have now “graduated” and new trainees will have the freedom to come and go, the regional governor said.
Russia escapes complete sporting exile despite Wada's four-year ban
Russia has been hit with a four-year ban from using its flag, anthem and team name at the Olympics and World Cup, but the nation has escaped total sporting exile over fresh doping data breaches.
Rebuilding Zimbabwe starts with strong institutions
It is now apparent that Zimbabwe's socio-economic status needs rebuilding and radical reforms if the country is to develop. The economy is set to contract by at...
Ethereum Istanbul Upgrade Goes Live: Here’s Why its Important
Ethereum Instanbul brings a number of improvements to the network and brings the chain one large step closer to the implementation of Serenity
Here’s How the US-China Trade War is Helping JD.com Stock Bulls, Bears
Don’t attempt to trade volatile and varied headlines, invest your trust in a powerful trade war pattern setting up on the price chart of JD.com.
F&O: Market to see major selloff if Nifty slips below 11,888 mark
In monthly options, maximum Put open interest was at 12,000 followed by 11,500 levels.
Go for quality in consumption stocks: Andrew Holland, Avendus Capital
The auto sector corrected in the past year and that is why we see value and prices rebounding in some cases
Insider Selling: Consolidated Water Co. Ltd. (NASDAQ:CWCO) Director Sells 10,000 Shares of Stock
Consolidated Water Co. Ltd. (NASDAQ:CWCO) Director Raymond Whittaker sold 10,000 shares of the business’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $16.52, for a total transaction of $165,200.00. Following the transaction, the director now owns 16,065 shares in the company, valued at $265,393.80. The transaction […]
Sensex rises 42 points; bank, auto stocks shine
Among the Sensex stocks, HDFC emerged as the top gainer, rising by 2.06 per cent, followed by Axis Bank, Maruti, Reliance, Power Grid and Tata Steel. On the other hand, TCS, HCL Tech, L&T, IndusInd Bank, Tech Mahindra, SBI and ITC lost up to 2.93 per cent.
Analysts Expect Icon Plc (NASDAQ:ICLR) Will Announce Earnings of $1.83 Per Share
Brokerages predict that Icon Plc (NASDAQ:ICLR) will report earnings of $1.83 per share for the current quarter, according to Zacks. Six analysts have made estimates for Icon’s earnings, with the highest EPS estimate coming in at $1.84 and the lowest estimate coming in at $1.81. Icon posted earnings of $1.62 per share during the same […]
Samsung executives guilty of destroying evidence in fraud case
Three employees jailed for up to two years in case linked to $3.9bn accounting fraud
Airbus Logs $18B Mega Orders
Big orders from Emirates and Air Arabia announced at Dubai Airshow have been logged.Delivery profile not fully satisfactory.Airbus book-to-bill ratio approaches 1.
Cisco Stock May Be a Great Value Name
Cisco stock offers many compelling features. CSCO stock is one or two pieces away from being great for growth and income investors.
SailPoint: Potential Tailwind Ahead, But Expect Some Sales Execution Issues
The broader data privacy trends in particularly US and Europe will drive growth for SailPoint going into FY 2020.We see SailPoint's platform as a painkiller for enterprises to navigate the complexitie
‘IDB membership can help project exporters penetrate LAC market’
The Export Import Bank of India (Exim Bank) has urged the the government to consider taking membership in Inter-American Development Bank (IDB). This could provide opportunities for Indian project exp
Is Boris Johnson telling the truth on Northern Ireland border checks?
The UK prime minister has been called out as wrong for saying there will be no checks on goods between Britain and Northern Ireland after Brexit.
Govt further caps stock limit on onion retailers to 2 tons to check hoarding
Last week, govt had reduced the stock holding limit for retailers to 5 tonnes from 10 tonnes while that on wholesalers to 25 tonnes from 50 tonnes as onion prices were ruling high up to Rs 150 per kg. Retail onion prices have risen in the past two months due to short supply owing to fall in production of kharif (summer) crop after heavy rains.
Crypto Community Crowns Tezos (XTZ) As The New ‘Ethereum of 2017’
Ever since its launch last year, Tezos has done quite a lot to improve its feats and keeps on doing so. As the company appears to continue with
Brent may stay range-bound in Q1; risks loom in 2020
Last week’s OPEC+ decision to cut output by a further 500,000 barrels a day during the first quarter of 2020 – in addition to the existing cut of 1.2 million barrels a day – has not had the big bang i
Smartly Avoid General Electric Stock Dividend for Capital Appreciation
Reassuring news that General Electric was keeping its dividend should move GE stock higher. But, profit-taking is likely to occur first.
Cadence Design Systems: Great Prospects, Mostly For The Operations
Cadence Design Systems is an undercovered beneficiary of the continued semiconductor boom.The company is well positioned and has a good track record, yet valuations have gotten a bit out of hand.I lik
Jhunjhunwala likely to withdraw from YES Bank's preferential share offer
Lender’s board may also reject the $1.2-b offer by Erwin Singh Braich, SPGP Holdings
Tariff hikes can double telcos operating profit in FY21: Report
India Business News: The steep tariff hikes, effected earlier this month by the battered telcos which held prices at rock bottom levels for nearly five years, can help mor
Bitcoin Road to $100K: Peter Brandt Explains the When and How
Bitcoin is heading towards the $100,000 mark, according to veteran commodity trader Peter Brandt, who shared his analysis in a new video clip. However,
Where households can save their money
Recent trends show a decent return in low-risk instruments. However, inflation has diminished the actual income on savings
The Pros and Cons of Standard vs. Itemized Tax Deductions
It shields a portion of your earnings from income tax. While the standard deduction is the government's built-in subtraction that you can take while preparing your taxes, itemizing is composed of individual deductions that, together, can help lower the amount of taxable income you pay. Read on to
Shopify Stock Will Continue to Amaze Investors in 2020
Shopify stock, which is up 165% this year, still has more upside opportunities like the one from last week. The triggers are close.
Tariff hikes likely to double telcos operating profit in FY21: Report
The Supreme Court order on the AGR puts a burden of Rs 1.47 lakh crore on the industry that has been bleeding for years and sitting on a debt pile of close to Rs 4 lakh crore
Russia banned from Olympics, World Cup and other big events for cheating over doping
LAUSANNE/MOSCOW: Russia was banned from the world's top sporting events for four years on Monday, a period that includes the next summer and winter Olympics and the 2022 World Cup in Qatar, for tampering with doping-related laboratory data.
China Fires Another Salvo as the Trade War Kicks into High Gear – Orders Government Offices to Purge Western Tech
China is planning to purge all public offices of foreign-sourced technology in a policy that has come to light only recently.
Sweden charges former China envoy over Gin Minhai meetings
Swedish prosecutors suspect Anna Lindstedt of organising a meeting in January between Gui’s daughter, China's ambassador and two businessmen about the possible release of her father, a dissident bookseller who is current imprisoned.
DocuSign: Time To Lock In Profits
Shares of DocuSign soared nearly 10% after reporting Q3 results, extending a recent win streak ever since the company warned of sales execution issues in Q1.Revenue growth of 35% y/y beat Wall Street'
Tariff hikes to double telcos' Ebitda: Crisil
In the last few weeks, Airtel, Vodafone and Jio have increased their tariff- a first since 2016.
10 Tax Moves to Make Before 2020
Time is running out to get yourself set up for success when tax filing season starts up early next year.
How Much Foreign Equity Exposure Do Investors Need? (Podcast Transcript)
With U.S. equities outperforming their foreign counterparts by 170% over the past decade, it's not surprising that large numbers of investors continue to fall into the home bias trap.Looking at the hi
Pound a Solid "Contrarian" Bet Against the Dollar for Early 2020: BofA
Foreign exchange strategists at Bank of America Global Research have confirmed they remains positioned for a further recovery in the Pound against the U.S. Dollar, describing the stance as one of their "best contrarian G10 FX trades" for the foreseeable future
View: Saudi Aramco's $2 trillion dream isn't really about oil
Saudi officials have taken to the oil sectors investor relations style with aplomb.
McDonald's black franchisees are fighting to earn as much as their white counterparts, as dozens leave the company they once considered family
Over the past decade, black franchisees have seen the disparities between them and the rest of McDonald's franchisees grow.
Govt limits stock holding for onion retailers to 2 tonnes to curb hoarding
Retail onion prices have risen in the past two months due to short supply owing to fall in production of kharif (summer) crop after heavy rains.
Will Lyft Stock Be Boosted by Lyft’s Spectacular Performance?
The performance of LYFT, at least relative to expectations, has been spectacular in recent quarters. But Lyft stock has struggled badly.
Tracking deals: Fireside leads ₹20 cr round in SARVA
SARVA, a leading yoga studio chain, has raised ₹20 crore in its first institutional round led by Fireside Ventures with participation from angel investors. It will use the money to double the retail
Travelstart takes over Jumia Travel
Weeks after it closed shops in Cameroon and Tanzania, Jumia, the largest e-commerce operator in Africa, has offloaded its travel operations to Travelstart. In the new arrangement, Jumia will still promote the travel category on its platforms but Travelstart will be responsible for the “operational side of the business.” “This partnership will ensure we remain […]
Most foreign funds not massively overweight on India: Ayon Mukhopadhyay, IIFL Securities
Reforms in the NBFC sector can increase the GDP by 1 to 2%, says Mukhopadhyay.
Vector - Still Not Covering Dividend, Current Share Price Is A Gift To Longs, Sell
Even after a 50% dividend cut, Vector is still not covering its dividend. Don't take my word for it - the CFO just admitted it! Bond holders are getting paid over 10.5% while equity investors will be
BHEL recruitment through interview: Salary up to Rs 66,000; diploma holders can apply too
BHEL recruitment: Candidates will be hired for a two-year contract. Interested can apply at the official website, careers.bhel.in by December 21, 8 pm. The last date to submit the application form by post is December 31.
‘With ₹32,000-crore, MP Lodha is India’s richest developer’
Mumbai, Delhi and Bengaluru account for three-fourths of the country’s richest players in real estate sector
PMI: Nigeria’s manufacturing sector gains momentum in November
Nigeria’s manufacturing sector has continued to gain momentum as it rallied to build on the growth recorded in the third quarter of 2019.
PSBs turn profitable in Apr-Sep FY20, post aggregate profit of Rs 3221 cr
State-run lenders had posted aggregate operating profits during 2017-18 and 2018-19 of Rs 1,55,603 crore and Rs 1,53,871 crore respectively
What Continental Resources Should Do Next
Continental Resources reported a profit of $0.54 per share and generated free cash flows of $79.3Mn, even as it realized oil prices of just around $51 a barrel. The company could deliver strong result
How Truckers Keep On Transacting
America's 3.5 million truckers face serious delays when they can't easily pay for fuel and cargo unloading services. Carrying cash isn't always safe, and payments acceptance can vary retailer-to-retailer. In the new Next-Gen Payments Report, Women In Trucking Association CEO Ellen Voie explains how EMV cards, expense tracking and budgeting tools keep drivers from veering off course.
BigTech Cryptocurrencies Pose Risk to Global Financial Stability: FSB
The Financial Stability Board (FSB) says government and regulators should closely monitor the emerging trend of BigTech companies entering the crypto
Ripple Price Analysis: XRP Goes Back Up To $0.23, Can Christmas Come Earlier?
Summary XRP has seen an increase of 4.25% this week as it reaches $0.23. The cryptocurrency broke above a steep descending channel that was apparent in
USD/CAD falls toward 1.3220 as WTI rebounds to $59
After spending the majority of the day moving sideways near 1.3250, the USD/CAD pair lost its traction during the American trading hours and slumped t
ABB (NYSE:ABB) Receives New Coverage from Analysts at Barclays
Research analysts at Barclays assumed coverage on shares of ABB (NYSE:ABB) in a research report issued on Monday, BenzingaRatingsTable reports. The firm set an “overweight” rating on the industrial products company’s stock. ABB has been the subject of a number of other reports. JPMorgan Chase & Co. reiterated a “sell” rating on shares of ABB […]
Tullow’s timely lesson for bets on battered energy stocks
The search for unfairly undervalued energy investments is peppered with difficulties
Crimea appears to be thriving under the control of Putin’s Russia
Russia is now in charge and it is evident the country is committed to turning Crimea around.
A truckload giant just filed for bankruptcy, and it leaves nearly 3,000 truck drivers jobless, Business Insider - Business Insider Singapore
Business Insider - Celadon declared bankruptcy on Dec. 9, and that collapse is worrying truck drivers that they may be stranded.. Read more at businessinsider.sg
Sutter Rock Capital Corp. (NASDAQ:SSSS) Receives Consensus Recommendation of “Strong Buy” from Analysts
Shares of Sutter Rock Capital Corp. (NASDAQ:SSSS) have been given an average broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation. Analysts have set a one year consensus price target […]
Oil slips as weak China exports highlight trade war impact
NEW YORK (Reuters) - Oil prices fell on Monday after data showed Chinese exports declined for a fourth straight month, sending jitters through a market already concerned about damage to global demand by the trade war between Washington and Beijing.
Under $3, Plug Power Stock Is a Good Speculative Buy
Plug Power and PLUG stock lost all momentum Dec. 2 when it announced it would sell up to 40 million shares in a secondary offering.
Tullow’s shares go down by 50 percent as CEO resigns over poor performance in Ghana
The shares of Tullow Oil Plc on the London Stock Exchange (LSE) dropped by over 50% as its CEO, Paul McDade resigned due to the poor performance in its Ghana operations.
'Old man' Trump is 'bluffing' says North Korea: KCNA
Trump and North Korean leader Kim Jong Un engaged in mutual insults and threats of devastation in 2017, sending tensions soaring before a diplomatic rapprochement the following year.
Desirable Branding Distinguishes Aphria Stock
Though production capacity is always important, Aphria stock has made progress due to its underlying premium brands.
Russia tells UK court Ukraine should be forced to pay debt despite disputes
LONDON/KIEV (Reuters) - Russia told Britain’s Supreme Court on Monday that Ukraine should not be allowed to use geopolitical arguments to dispute billions of dollars in debt, after Kiev argued it had been forced to borrow the money from Moscow.
Just Eat takeover battle hots up with fresh $6.5 billion Prosus bid
AMSTERDAM (Reuters) - Prosus (PRX.AS) raised its unsolicited cash offer for British food delivery service Just Eat (JE.L) to $6.5 billion on Monday, ratcheting up the pressure on rival bidder Takeaway (TKWY.AS) in their bitter takeover battle.
Prosus Boosts Just Eat Bid To $6.5B
Naspers-owned Prosus upped its bid to $6.5 billion to acquire London's food delivery service Just Eat, putting pressure on rival buyer Takeaway.
Deutsche to cut €100m from domestic retail banking unit
Lender plans to scrap legal entity that runs the operation and merge it into group
Analysts Set CarMax, Inc (NYSE:KMX) PT at $97.58
Shares of CarMax, Inc (NYSE:KMX) have received an average rating of “Buy” from the fifteen analysts that are currently covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued […]
A truckload giant just filed for bankruptcy, and it leaves nearly 3,000 truck drivers jobless
The trucking “bloodbath” of 2019 is ending on a remarkably sour note.
Cabot Oil & Gas Co. (NYSE:COG) Receives Consensus Rating of “Buy” from Analysts
Cabot Oil & Gas Co. (NYSE:COG) has been assigned a consensus recommendation of “Buy” from the seventeen ratings firms that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the company. The […]
UK visitors to GCC to increase 22% by 2024, reports ATM
2.8 million UK residents will travel to the GCC in 2024, an additional 500,000 travellers when compared with 2018
My 10-Year-Old Picks Starbucks For Her Dividend Duchess Portfolio
My 5th grade daughter chose Starbucks as the 2nd purchase for her Dividend Duchess portfolio.We fund this custodian account exclusively with my Seeking Alpha Contributor earnings. All dividends will
Why Europe will side with the US over China for 5G
America’s allies are belatedly heeding its warnings about the Chinese technology threat
China says Uighur Muslims have 'graduated' from camps
Dec. 9 (UPI) -- China claimed ethnic Uighurs once held in detention centers in the western region of Xinjiang have all been released, while criticizing the United States for "attacks and smears."
Saudi prince's ambitions hinge on triumphant Aramco sale
RIYADH, Saudi Arabia (AP) - Saudi Arabia is expected to set a new record for the largest stock flotation in history on Wednesday with the sale of part of Aramco, the state-owned oil company valued at $1.7 trillion.
USD/JPY: Bears losing their grip as market attempts to bottom
USD/JPY is trading on the bid in the US session following a rise from 108.42 the low to a high of 108.66. The US dollar is holding up despite a strong
An Apparel, Footwear Group is Pushing for Amazon's Inclusion on Government's Annual "Notorious Markets" List
The U.S. Trade Representative’s 2019 blacklist of intellectual property abusers might include a striking new name: the $1 trillion e-commerce goliath that is Amazon. According to the Wall Street Journal, the Trump administration is considering adding some of the foreign offshoots of Jeff Bezos’ e-c
Japan, Australia still hopeful of India’s rethink on RCEP
Despite India’s decision to walk out of the ASEAN-led 15-nation Regional Comprehensive Economic Partnership (RCEP) Free Trade Agreement last month, officials from India’s Indo-Pacific partners Austral
Job creation to jump 7.12% in Oct-Mar: TeamLease report
According to TeamLease's bi-annual Employment Outlook Report for HY2 2019, economic reforms lifted the spirits for seven of the 19 sectors surveyed, while nine sectors reported a decrease in their outlook for October-March period of this fiscal.
A Misleading Take on Immigrant, Veterans Health Care
A long-circulating headline on social media misleadingly tells users that Democrats chose to "vote down" a health records system for veterans while approving the same for immigrants who cross the border illegally. The bill in question did not affect veterans.
Swedish diplomat faces trial for trying to free China dissident
Anna Lindstedt accused of brokering unauthorised meeting over fate of Gui Minhai
Tennant (NYSE:TNC) SVP Sells $40,004.36 in Stock
Tennant (NYSE:TNC) SVP David W. Huml sold 506 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $79.06, for a total value of $40,004.36. Following the completion of the transaction, the senior vice president now directly owns 12,879 shares in the […]
AVALO-Energy: Friendly Use Of Renewable Energy And Blockchain Technology
Talks of climate and environmental change have been escalating throughout the past couple of years. Countries all around the world are taking measures to
10 Stocks With Little or No Debt to Own for the Next 50 Years
Millennials looking for stocks to own for the next 50 years might want to consider these 10 companies from various sectors of the economy.
This Dividend-Paying Chip Stock Could Switch Up a Gear in 2020
Secular end-market growth should be a catalyst for chipmaker Analog Devices in the new year.
Equity inflows into mutual funds dip to 41-month low
Exit load triggers outflow, but analysts see investors flocking back
“You’ve Got to Have Courage!” BP on Going “All-In” on the Cloud
The initial business case for a BP cloud migration was tight, admits Stewart Fry, BP's global VP for enterprise IT, with a laugh. But going all-in on AWS...
Can Debt Deal Save Chesapeake Energy Stock?
Seemingly out of nowhere, Chesapeake Energy stock received a lifeline with a debt financing deal. But should contrarians take the bait?
5 Restaurant Stocks Dominating Holiday Season Foot Traffic
Foot traffic is one of the best indicators of which fast-food restaurant stocks are best navigating the difficult environment.
Reports: Library in China burned 'illegal' books
Dec. 9 (UPI) -- Reports in China that a library staff burned dozens of "illegal" books is drawing controversy in the country, but the articles and social media posts on the matter have been removed.
Fed’s repo action for year-end crunch point oversubscribed
The Federal Reserve Bank of New York’s operation to inject cash into the financial system over the end of the year was oversubscribed on Monday, indicating that participants are still hungry for funding to take them into 2020.
China Orders All Government Offices, Public Companies To Replace Foreign PCs, Software
Beijing retaliates for Huawei blockage
Hurun’s list: Mukesh Ambani may soon break into top 5
Riding the digital wave, Mukesh Ambani, the first Indian to break into the global top 10 rich list, would emerge as one of the five richest people in the world in the next two or three years. The Chai
MamaMancini's Holdings, Inc.'s (MMMB) CEO Carl Wolf on Q3 2020 Results - Earnings Call Transcript
MamaMancini's Holdings, Inc. (OTCQB:MMMB) Q3 2020 Results Earnings Conference Call December 09, 2019, 08:30 AM ET Company Participants Greg Falesnik - IR, MZ North America Carl Wolf - Chairman, Chief
Walmart, Amazon to train MSMEs
E-com giants announce plans to help sector; brick-and-mortar traders peeved
India ranks 129 in UN's human development index
India climbed one spot to 129 among 189 countries in the 2019 human development index, according to a report released by the United Nations Development Programme (UNDP) on Monday.
India set to be among top advertisement markets in 2019: GroupM and Zenith
The overall market size is expected to reach Rs 95,000 crore
Mutual Funds' asset base crosses Rs 27 lakh crore in November
Mutual fund houses witnessed an overall inflow of Rs 54,419 crore last month as compared to Rs 1.33 lakh crore in October
Sweden charges former China envoy over dissident bookseller case
STOCKHOLM (Reuters) - Swedish prosecutors said on Monday they had brought criminal charges against the country’s former ambassador to China over unauthorized meetings in Stockholm aimed at freeing dissident bookseller Gui Minhai.
Be Wary of Ford’s High Dividend Yield
Be wary of the high Ford stock dividend yield. Ford still can't afford the dividend since its adjusted FCF is too low and not growing.
Insider Selling: Five9 Inc (NASDAQ:FIVN) CMO Sells 3,007 Shares of Stock
Five9 Inc (NASDAQ:FIVN) CMO Ryan Kam sold 3,007 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $67.33, for a total transaction of $202,461.31. The sale was disclosed in a legal filing with the SEC, which is available through the SEC […]
A Reality Check: Blockchain and DLT in International Trade
New study jointly conducted by international trade organizations focuses on possibilities and challenges of blockchain tech implementation to the industry.
Mkango Resources (LON:MKA) Trading 1.4% Higher
Shares of Mkango Resources Ltd (LON:MKA) traded up 1.4% during trading on Monday . The company traded as high as GBX 7.30 ($0.10) and last traded at GBX 7.25 ($0.10), 332,122 shares were traded during trading. A decline of 29% from the average session volume of 467,759 shares. The stock had previously closed at GBX […]
Putin sits down for talks with Ukraine leader for first time
Russian President Vladimir Putin and Ukraine's president are meeting for the first time at a summit in Paris to find a way to end the five years of fighting in eastern Ukraine.
Liz Weston: How employers help workers save for rainy days
Everyone needs a rainy-day fund — your financial health depends on it. Your employer could help you build one.Many companies offer 401(k)s and other retirem
Turkey to establish logistics centers in African countries
Turkey is establishing logistics bases in African countries after seeing an exponential rise in trade in the last 16 years thanks to the country's Africa initiative
A Reality Check: Blockchain and DLT in International Trade
New study jointly conducted by international trade organizations focuses on possibilities and challenges of blockchain tech implementation to the industry.
Top stocks to watch: YES Bank, Hero MotoCorp, ICICI Bank, Tata Motors and others
Shares of YES Bank will remain in focus after report suggested that the lender will reject an investment proposal of $1.2 billion from SPGP Holdings and Canada's Erwin Singh Braich
Equity flows in MFs dip sharply, assets rise to a record in Nov.
With stock indices rising, investors opt for profit booking; gold ETFs see inflows
Why Canopy Growth Stock Just Popped 11%
Canopy just crowned a new king of cannabis.
Sensex rises 42 points; bank, auto stocks shine
Market benchmark BSE Sensex rose over 42 points on Monday to close at 40,487.43, driven by buying in select bank and auto counters.
New entry fees for visitors to Oman’s Damaniyat Islands
If you’re planning to visit Damaniyat Islands in Oman, you need to pay an entrance fee.
Kingdom calls on Japan to increase number of direct flights to Siem Reap, Phnom Penh
Cambodia is requesting Japan to increase the number of direct flights from Japanese cities and provinces to Phnom Penh and Siem Reap, so as to contribute to increasing cooperation and tourist numbers between the two countries.
Brokerages Set Great Portland Estates PLC (LON:GPOR) Price Target at GBX 724.09
Great Portland Estates PLC (LON:GPOR) has been given a consensus recommendation of “Hold” by the fifteen brokerages that are currently covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating on the company. The […]
Stocks, gold gain as trade war spurs both hopes, concerns
NEW YORK (Reuters) - Global equity markets advanced on Monday as stocks on Wall Street held near record highs on hopes U.S.-Sino talks delay a U.S. tariff deadline this coming Sunday, while gold rose as investors hedged against a possible escalation in the trade war.
S&P 500, Nasdaq edge higher; tariff deadline in focus
NEW YORK, Dec 9 — The S&P 500 and Nasdaq indexes edged higher today, with investors keeping a close watch on headlines around US-China trade as planned tariffs on Chinese imports kick in on December 15. Beijing and Washington are negotiating a first phase trade deal aimed at de-escalating...
Go-Ahead Group plc (LON:GOG) Receives Average Rating of “Hold” from Analysts
Go-Ahead Group plc (LON:GOG) has earned an average recommendation of “Hold” from the seven ratings firms that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1 […]
Russia banned from Olympics for four years over doping
Russia was banned from the Olympics and world championships in a range of sports on Monday after the World Anti-Doping Agency (WADA) ruled to punish it for manipulating laboratory data, the TASS news agency reported.
China says Uighur Muslims in Xinjiang 'graduated'
People held in camps in China's Xinjiang region have now "graduated" and new trainees will have the freedom to come and go, the regional governor says.
Senior North Korean official calls Donald Trump 'erratic old man'
It follows Trump making his own statement.
Universal Insurance mulls new capital raising to boost capital base
Universal Insurance Plc is considering raising new equity funds to bolster its operations and strengthen its capital base ahead of deadline for ...
Take Five: Euphoria to despair and back again
(Reuters) - 1/ELECTION NIGHT FEVER
Tesco shares jump on possible sale of Asian business
Share price soars as grocery chain announces review of its Asian operations
China claims everyone in Xinjiang camps has 'graduated'
People who were at vocational training centres in China's far west Xinjiang have all "graduated" and are living happy lives, an official said Monday.
N. Korea believed to test new rocket engine to provoke US
SEOUL, South Korea (AP) - A day after North Korea said it had performed a "very important test" at its long-range rocket launch site, there is wide speculation that it involved a new engine for either a space launch vehicle or a long-range missile.
The next booster shot to revive economy may not be far away
Going by what the indicators are showing so far, third quarter doesn't hold any hopes of revival.
First Trust New Opportunities MLP & Energy Fund: Our Top Pick Among MLP CEFs
FPL has presented a strong performance in 2019 despite continued weakness in MLPs and the midstream energy industry.We think the fund has value considering current discount to NAV and potential rebou
Sweden’s ex-ambassador to China charged after setting up unofficial meetings over detained bookseller
Sweden’s former ambassador to China has been charged with “arbitrariness during negotiations with a foreign power,” over her involvement in a series of unauthorised meetings related to detained boseller Gui Minhai. Anna Lindstedt, Sweden’s former ambassador, led negotiations to release Gui in exchange for his daughter’s silence in January this year. Gui is currently imprisoned in China. […]
Oil prices stumble on weak China exports hangover
Oil prices fell on Monday after data showing China's overall exports of goods and services shrank for a fourth straight month, sending shivers ...
At $1.6 trillion a day, EM FX trading outpaces major peers
Currency trading grew at a faster pace in emerging markets than developed nations.
At $1.6 trn a day, EM currency trading outpaces peers, rupee deals double
In early 2016, emerging-market currencies began a two-year rally that took MSCI Inc.'s gauge to a record as investors sought higher-yielding assets
FTC to probe ‘slave’ contracts of Korean esports players
Amid the recent controversy over unfair contracts of young professional esports players in South Korea, the Fair Trade Commission on Monday pledged to comb through the relevant regulations and examine all contracts.Currently, the watchdog is undertaking preliminary inspections of Korea e-Sports Association’s standard contract and a full-fledged review of major esports teams will begin as soon as possible, a FTC...
The 2019 CPhI Pharma Index Report
Examining this year’s industry performance
Three front-line nations drifting into chaos
Let's hope that Washington has enough wisdom to keep Ukraine, Turkey and South Korea on our side.
Airbus stock outperforms Boeing as 737 uncertainty continues
Some expect Airbus’s shares to continue to benefit from the confusion in 2020.
N. Korea blasts Trump's warning, says it has nothing more to lose
North Korea has nothing more to lose, a senior Pyongyang official said Monday, after U.S. President Donald Trump warned that the communist nation could lose everything if it engages in hostile acts.Kim Yong-chol, a former North Korean nuclear negotiator, made the remarks in a statement carried by the North's Korean Central News Agency, stressing that the U.S. should think about how to keep the two countries from clas...
N. Korea believed to test new rocket engine to provoke US
While no rocket or weapons launch from North Korea was detected over the weekend, many foreign experts speculate that North Korea tested a new high-thrust engine, which is needed to launch bigger, more powerful rockets.
South Korea Financial Markets
Stock markets weakened during European trading on Monday as investors weighed the possibility of more U.S. tariffs on China and the outlook for negotiations on the trade dispute. A Chinese official said that Beijing wants a prompt settlement of its trade war with Washington as another U.S. tariff hike
Nigeria set to open extractive industry ownership register -- Here's how it will work
This week, Nigeria will launch the Beneficial Ownership Register in the extractive industries in line with the global EITI standards.
Asian stocks pulled higher by Wall Street jobs rally but China caution prevails
Asian stocks edged up on Monday, catching some of Wall Street's momentum after surprisingly strong U.S. jobs data although regional gains were ...
A Policy Vault Made for Africa - The Nation Newspaper
An exciting idea turned into an interesting organization that will open Africa to development opportunities and investments
European stocks stutter as attention turns to trade deadline, central bank meetings
LONDON, Dec 9 — European stocks fell today as worries about a Chinese economic slowdown and the US-China trade war outweighed Friday’s strong US jobs data, in a quiet start to trading before several big events later in the week. The Federal Reserve meets on Wednesday and new European Central...
How China Mobile Sustains A 5% Dividend Yield, In 5 Charts
China Mobile is the largest mobile phone operator in the world, again trading at a 5% dividend yield backed by steady free cash flows.Compared with both domestic and US telecom counterparts, China Mob
A less than satisfactory trade agreement
This trade deal, inadequate is it is, may be all that is possible during the first term of a Trump administration.
Subscription Services Top Santa’s 2020 Gift List
Recurly discusses the newer trend, reflected in Cyber Monday data, among consumers to give the gift of subscription services during the holiday season.
North Korea calls Trump 'erratic' old man over tweets
North Korea insulted U.S. President Donald Trump again on Monday, calling him a "heedless and erratic old man" after he tweeted that North Korean leader Kim Jong Un wouldn't want to abandon a special relationship between the two leaders.
Indigo Paint's IPO may fetch 3.5x returns for Sequoia in partial exit
The fund-raising comes at a time when the company plans to penetrate cities and scale up investments and become a key player in the industry
Donald Trump warns Kim Jong Un has ‘everything’ to lose through hostility
'North Korea, under the leadership of Kim Jong Un, has tremendous economic potential, but it must denuclearize as promised,' Trump tweeted.
UP cabinet okays Zurich Airport International plan to develop Jewar airport
The new airport will be designed, developed and operated under a 40-year concession period and the Swiss firm will invest more than Rs 4,500 crore in it