Finance

Dow Jones Industrial Average has accelerated at a record pace, passing the $26,000 mark in an early trading surge of 200 points in NY: a 5% increase for the blue-chip index. The run between 1,000-point milestones was the fastest in the measure's history. The S&P 500 was up 6.52 points, or 0.23 percent, at 2,792.76 and the Nasdaq Composite was up 18.21 points, or 0.25 percent, at 7,279.27.
  • Bitcoin And Other Cryptocurrency Is Plunging Dramatically

    Finance

    Bitcoin cash , now the fourth largest cryptocurrency by market capitalization, tumbled more than 3% during Monday trading. "We interviewed our first cryptocurrency victims towards the end of previous year who wanted to go under debt review because they were no longer able to adequately service their debt", said Roets.
  • Take a Walk Through the Rotten Vale of Monster Hunter

    Take a Walk Through the Rotten Vale of Monster Hunter

    Finance

    Sony Interactive Entertainment will release the Monster Hunter: World Limited Edition PlayStation 4 Pro Bundle in North America and Europe , the company announced . The PS4 beta, on the other hand, has a January 18 release date and runs until January 22. For the main Monster Hunter game, this is our first PC title and it's something we want to make sure we get right.
  • Modi lays foundation stone of Rs 43000 cr Barmer refinery project

    Modi lays foundation stone of Rs 43000 cr Barmer refinery project

    Finance

    Apart from the Rs 43,129 cr Barmer refinery set to be inaugurated by PM Narendra Modi on Tuesday, the Vasundhara Raje government here is looking at coming up with a petrochemical complex that will house a number of PVC, packaging, agriculture, textiles, fertiliser, pesticides, paint, rubber and cosmetics companies and a plastic park too with a range of ancillary companies.
  • Singapore, Malaysia sign bilateral agreement for Rapid Transit System Link

    Singapore, Malaysia sign bilateral agreement for Rapid Transit System Link

    Finance

    The OpCo will pay a concession fee to the two countries in exchange for the right to collect fare revenue from operating the RTS link. Both terminals will have customs and quarantine facilities, to ensure a smooth immigration process. Announced in 2010, the rail link will connect Woodlands in Singapore and Bukit Chagar in Johor via a high bridge across the Straits of Johor. The companies have also committed to sign the concession agreement for the cross-border MRT service by Sept 30, said ...
  • U.S. lawmakers urge AT&T to scrap Huawei smartphones and 5G collaboration plans

    U.S. lawmakers urge AT&T to scrap Huawei smartphones and 5G collaboration plans

    Finance

    Earlier this month, AT&T was forced to scrap a plan to offer its customers Huawei handsets after some members of Congress reportedly lobbied against the idea with federal regulators. Huawei hasn't commented on this report but it did point out to the scribe that it sells its equipment through more than 45 of the top 50 carriers in the world and views the privacy and security of its customers as a top priority.
  • Citigroup reports steep fourth quarter losses tied to United States tax reform

    Citigroup reports steep fourth quarter losses tied to United States tax reform

    Finance

    While our fourth quarter results reflected the impact of a significant non-cash charge due to tax reform, the impact on our regulatory capital was much less significant. Twenty-two analysts surveyed by Bloomberg had average adjusted estimate of $1.19. Loans that the bank considers to have doubtful repayment potential, also known as non-accrual loans, declined 17% to $4.8 billion, with consumer non-accrual loans declining 15% and corporate non-accrual loans declining 20%.
  • Premier Foods third-quarter sales rise as brands improve

    Premier Foods third-quarter sales rise as brands improve

    Finance

    Mr Kipling maker Premier Foods has reported a sales boost a day after it denied speculation about selling part of its business based in Kent. Overall sales from Premier's Sweet Treats division rose 2.2% year on year, despite the decline in branded sales, and were bolstered by a 19.6% surge in non-branded sales.
  • Tyman PLC 9.3% Potential Upside Indicated by Liberum Capital

    Finance

    The Lvm Capital Management Ltd holds 82,207 shares with $15.33 million value, up from 80,122 last quarter. Wells Fargo And Mn has 0.39% invested in The Boeing Company (NYSE:BA) for 4.95M shares. The stock of STV Group plc (LON:STVG) has "Buy" rating given on Monday, September 4 by Peel Hunt. Therefore 47% are positive. They presently have a GBX 287 ($3.89) price objective on the stock.
  • Metro Derailment Delays: What you need to know

    Metro Derailment Delays: What you need to know

    Finance

    Crowding will also be possible at the trains and officials say to expect delays. Metro opened late Monday morning because of the Martin Luther King Jr. Monday. The incident comes as the agency has poured millions into maintenance in an effort to improve safety and reliability and win riders back. The press service later said that "all passengers have been safely evacuated from the derailed train", adding that none of them was injured.
  • BlackBerry Jarvis Aims to Increase Automakers' Cybersecurity

    BlackBerry Jarvis Aims to Increase Automakers' Cybersecurity

    Finance

    The former smartphone maker is offering Jarvis on a pay-as-you-go basis. It's somewhat surprising, though, for a company like BlackBerry to come out with a potential solution. Chen said Jarvis is in trials with a number of large automakers including Jaguar Land Rover (JLR), which on Monday said it was expanding its research into automated and electric vehicle software development with a new development centre in Shannon, Ireland.
  • Alibaba's AI beats humans in reading test

    Alibaba's AI beats humans in reading test

    Finance

    Microsoft's score of 82.6 and Alibaba's grade of 82.4 beat out the human standard of 82.3. Alibaba's software was the first to beat the human race. The artificial intelligence (AI) responded to questions with precise answers 82.44 per cent of the time, beating a score of 82.304 per cent from human testers.