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Finance

A litre of diesel also increased from an average of 119.35p to 127.69p over the same period. "The oil ministry is of the view to bring petroleum products under the purview of the Goods and Services Tax in order to bring down the prices of petrol and diesel", he said .
  • Pres. Trump's Financial Disclosure Reveals Payment to Cohen, Net Worth

    Pres. Trump's Financial Disclosure Reveals Payment to Cohen, Net Worth

    Finance

    The announcement comes after Novartis was dragged into the scandal over Cohen's payment of $130,000 to USA porn actress Stormy Daniels just days before the 2016 presidential election. "We've gotten assurances that we're not involved in it", Giuliani told "The Ingraham Angle" on Fox News . Avenatti has come right out and said that if you had financial dealings with Cohen he will find out about them and make them public, but the question of where he got the information in the first ...
  • Small cap stars buoyed by Ocado's surge on United States deal

    Small cap stars buoyed by Ocado's surge on United States deal

    Finance

    Kroger and online supermarket operator Ocado have formed an exclusive partnership agreement in the USA that will accelerate Kroger's e-commerce shopping platform. Over the first three years of the agreement they are to identify a further 20 sites. This isn't the first such deal for Ocado , which has licensed out its technology to grocery companies in France, Canada and Sweden.
  • Are Analysts Bullish Mitie Group plc (LON:MTO) After Last Week?

    Are Analysts Bullish Mitie Group plc (LON:MTO) After Last Week?

    Finance

    Below is a list of Mitie Group plc (LON:MTO) latest ratings and price target changes. Weir Group presently has an average rating of Buy and a consensus price target of GBX 2,313.53 ($31.38). The Beddow Capital Management Inc holds 87,250 shares with $2.50M value, down from 252,470 last quarter. The stock increased 1.52% or GBX 2.9 during the last trading session, reaching GBX 193.2.
  • Blumenthal, Murphy Vote To Preserve Net Neutrality Rules

    Blumenthal, Murphy Vote To Preserve Net Neutrality Rules

    Finance

    In a written statement, Sullivan said he thinks repealing the rule will remove a regulatory burden on Alaska telecommunications companies and encourage infrastructure investment. Speaking on the floor of the Senate, Connecticut Senator Richard Blumenthal said without net neutrality, large broadband companies become even more powerful, hindering competition from smaller companies.
  • What Will Happen to Net Neutrality After Senate Votes To Save Protections?

    What Will Happen to Net Neutrality After Senate Votes To Save Protections?

    Finance

    Net Neutrality protesters in Philadelphia . Angus King of Maine and Bernie Sanders of Vermont, as well as three Republicans - Susan Collins of Maine, John Kennedy of Louisiana and Lisa Murkowski of Alaska. Anna Eshoo, a California Democrat who represents Silicon Valley, said she was happy by the result in the Senate with the legislation. "Democrats have made a decision to take the issue of net neutrality and make it partisan", Republican Senator John Thune of South Dakota said.
  • YouTube Premium Replacing Red; New YouTube Music Service To Launch Next Week

    YouTube Premium Replacing Red; New YouTube Music Service To Launch Next Week

    Finance

    YouTube Music Premium - $9.99 per month, ad-free, listen in background and downloads. YouTube Music already has Google Assistant integration, but Lefsetz's demo makes it sound like it's been put on steroids. "The days of jumping back and forth between multiple music apps and YouTube are over", wrote Elias Roman, product manager for YouTube Music , in a blog post.
  • Tesla to halt production line again, report says

    Tesla to halt production line again, report says

    Finance

    Tesla has so far been plagued by production issues during the electric vehicle company's mission to bring the affordable mainstream Model 3 to market. In another Twitter message on Monday, Musk said the "probability of fatality is much lower in a Tesla", saying Tesla would begin reporting safety numbers beginning in the second quarter.
  • GDP marks first contraction in 9 quarters

    GDP marks first contraction in 9 quarters

    Finance

    Japan's economy shrank for the first time in two years in the first quarter of the year amid weak consumption, official data showed today. Also, the yen strengthened against other major currencies on safe-haven buying, clouding the prospects for Japanese exporters .
  • European Union still providing illegal subsidies to Airbus

    European Union still providing illegal subsidies to Airbus

    Finance

    According to the European Commission (EC), the WTO has determined "the majority of EU support to Airbus challenged by the USA had expired in 2011" and the EU is not required to take any further action regarding state support for the A300, A310, A320 and A330/A340 aircraft models.
  • Elon Musk says Tesla planning 'thorough reorganisation'

    Elon Musk says Tesla planning 'thorough reorganisation'

    Finance

    The woman broke her right foot, Winkler said, while the truck driver was checked for whiplash but not hospitalized. After a Tesla autopilot crash in March resulted in the driver's death, the company issued a series of lengthy statements blaming the victim for "not paying attention".
  • OPEC Raises Oil Demand Forecast Amid Global Growth Uncertainty

    Finance

    On May 8, President Trump chose to pull the United States out of the Iran Nuclear Deal previously concluded in 2015. This estimated growth rate was revised higher by 25,000 barrels per day compared to last month's estimates. Speculators are betting heavily that the sanctions will lead to supply disruptions that will make crude oil an attractive enough asset to drive prices to $80 -$100 per barrel later this year.