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Finance

The report cites people familiar with the matter, saying that U.S. government bonds are becoming less attractive in comparison with other assets. Bloomberg notes that trade tensions with the US may provide a reason to slow or stop buying the debt of the USA government.
  • Cabinet approves 49% foreign investment in Air India under approval route

    Cabinet approves 49% foreign investment in Air India under approval route

    Finance

    The foreign airlines can invest in Air India only up to 49% in all routes. FDI norms have also been liberalised for power exchanges and real estate broking, the reports said quoting sources. The cabinet also chose to allow FIIs/FPIs to invest in power exchanges through primary market as well. The move is meant to "liberalise and simplify the FDI policy to provide ease of doing business in the country", the government said, adding that the relaxed policy will lead to more investment and ...
  • Fed's Harker pushes for under two price hikes in 2018

    Fed's Harker pushes for under two price hikes in 2018

    Finance

    While his colleagues at the USA central bank see unemployment dipping only slightly from 4.1 percent now, Williams predicted it would fall to 3.7 percent this year without any risk of a worrisome jump in inflation. A series of surveys have shown that the supercheap monetary policy pursued by the European Central Bank is one factor behind the burgeoning recovery - financial information firm IHS Markit said growth in the fourth quarter could come in at an impressive quarterly rate of 0.8 percent.
  • Cruise Line Apologizes For Sailing Into Winter Storm

    Cruise Line Apologizes For Sailing Into Winter Storm

    Finance

    Instead, she and the other passengers aboard the "Breakaway" ship experienced three days of terror on the Atlantic Ocean. Karoline Ross, who was on the ship with her family, said: "I thought I'd never be in a situation where I would say that's the scariest moment of my life".
  • WB raises 2018 growth outlook citing rising investment, commodity shipments

    WB raises 2018 growth outlook citing rising investment, commodity shipments

    Finance

    In its Global Economic Prospects report , the World Bank forecasts this year to be the first that the world economy is operating at full capacity since the financial crisis a decade ago. The biggest gains are in advanced economies, which were revised up four-tenths for last year and this year, to 2.3% and 2.2%, respectively. Japan will grow 1.3 percent in 2018, compared with a June forecast of 1 percent, the bank said.
  • Australia had third-warmest year on record in 2017

    Australia had third-warmest year on record in 2017

    Finance

    Keep in mind, the average annual number of events from 1980 to 2017 was just 5.8 per year, and the annual average for the most recent five years (that is, 2013 to 2017) was 11.6 events. Those included Hurricanes Harvey, Irma and Maria, which joined Hurricanes Sandy (2012) and Katrina (2005) as the top-five costliest hurricanes in USA history.
  • Were Analysts Bearish Activision Blizzard, Inc

    Finance

    About 3.29 million shares traded. Activision Blizzard, Inc . (NASDAQ: ATVI ) has risen 47.83% since January 9, 2017 and is uptrending. It has underperformed by 5.64% the S&P500. It also increased its holding in Bottomline Tech Del Inc (NASDAQ:EPAY) by 444,126 shares in the quarter, for a total of 984,374 shares, and has risen its stake in Iac Interactivecorp (NASDAQ:IACI).
  • Karnataka girls 'warned' on ties with men of other faiths

    Karnataka girls 'warned' on ties with men of other faiths

    Finance

    An Indian woman who tried to promote peace between Hindus and Muslims has committed suicide after being subjected to harassment and cyber-bullying . India has witnessed growing Hindu-Muslim tensions in recent years over what Hindu hardliners term "love jihad" - where they accuse Muslim men of participating in a "conspiracy to turn Hindu women from their religion by seducing them".
  • Target's robust holiday sales give a reason for Wall Street to cheer

    Target's robust holiday sales give a reason for Wall Street to cheer

    Finance

    For fiscal 2017, Target is calling for adjusted earnings per share of $4.64 to $4.74, compared with previous estimates of $4.40 to $4.60. Overall, 8.28 Million shares exchanged hands versus its average volume of $11.62 Million. It is negative, as 15 investors sold BEAT shares while 66 reduced holdings. 42 funds opened positions while 67 raised stakes. (NASDAQ:BEAT). Meeder Asset Mgmt reported 1,519 shares stake.
  • Hot Stocks seeking Investors: Marathon Oil Corporation (MRO), FirstEnergy Corp. (FE)

    Hot Stocks seeking Investors: Marathon Oil Corporation (MRO), FirstEnergy Corp. (FE)

    Finance

    Marathon Oil Corp now has $15.37B valuation. The stock has been active on the tape, now trading at $69.39, up from yesterday's close by 0.07%. About 642,030 shares traded. Looking at the Analyst Recommendations of the stock, 7 Analysts issued a Buy for MoSys, 9 gave Outperform, 12 analysts gave Hold Rating, 0 issued Underperform and 0 marked the stock as Sell.
  • Ford F-150 Diesel: Release Date, Specs, Price

    Ford F-150 Diesel: Release Date, Specs, Price

    Finance

    GM ( Chevrolet and GMC ) offers a diesel (the 6.6-liter Duramax V8) in its HD trucks , while the Toyota Tundra range is limited to gasoline engines, and does not include a heavy-duty model. The engine itself was developed more than 10 years ago, "but became a casualty of the recession in 2008", reported The Truth About Cars when it first leaked plans for the engine in 2014.
  • Federal Crackdown Likely Won't Impact Oklahoma Vote on Medicinal Marijuana

    Federal Crackdown Likely Won't Impact Oklahoma Vote on Medicinal Marijuana

    Finance

    According to the Boston Herald , Massachusetts Attorney General Maura Healey said that although Sessions' decision "inexplicably directs federal law enforcement resources away from combating an opioid epidemic that is ravaging our communities in order to focus on legalized marijuana", her office is committed to supporting the state's cannabis laws nonetheless.