Finance

Accused kidnapper extradited from NSW over 12yo boy snatched on Gold Coast

Accused kidnapper extradited from NSW over 12yo boy snatched on Gold Coast However, detectives were still searching for the dark blue 2013 Jeep Compass with Queensland registration 760-TNH, which was linked to the boy's disappearance. "As a precaution - with these things we take the high road so to speak - (we) took him to hospital". "He'd been at school and on returning home it appears that within a very short time frame the abduction occurred", Detective Inspector Ho... [Full Article...]

Seattle approves business tax for homelessness

Seattle approves business tax for homelessness The Seattle City Council on Monday approved a pared-down version of the " head tax " on the metro area's largest employers to fund efforts to battle homelessness despite public criticism from local businesses, including e-commerce giant Amazon . [Full Article...]

RBI curbs on Allahabad Bank

RBI curbs on Allahabad Bank It needs to be noted that, the bank's share price has tumbled by almost 5% in today's trading session. Net profit of Gillette India declined 32.60% to Rs 71.32 crore on 13.97% decline in net sales to Rs 451.54 crore in Q3 March 2018 over Q3 March 2017. [Full Article...]

Del Toro will helm a horror series for Netflix

Del Toro will helm a horror series for Netflix The flexibility of Netflix combined with the wild mind of del Toro should create for a mind-boggling new series. The video streaming company said Guillermo del Toro Presents 10 After Midnight , an anthology series the Academy Award-winning director will personally curate, is "coming soon" to Netflix. [Full Article...]

Crude oil futures spurt on firm global cues

Crude oil futures spurt on firm global cues On Tuesday, U.S. President Donald Trump said that the United States would withdraw from "an unacceptable Iran deal ", re-imposing sanctions on Tehran that "target critical sectors of Iran's economy, such as its energy, petrochemical, and financial sectors". [Full Article...]

Holy Lambo! Pope Francis' epic Huracan sells for R10-million

Holy Lambo! Pope Francis' epic Huracan sells for R10-million In a press release, Lamborghini explained the auto was sold at the RM Sotheby auction this weekend in Monaco. The Iraqi city of Nineveh, which was besieged by ISIS, will get £430,000 from the sale, with the remaining £185,000 split equally among three other charities. [Full Article...]

May and Trump agree talks needed over Iranian sanctions

May and Trump agree talks needed over Iranian sanctions As he arrived in Beijing , Zarif said Tehran was "ready for all option (s)", according to the semi-official ISNA news agency. Guterres told the BBC that the Iran agreement was an "important diplomatic victory" and should be maintained. [Full Article...]

Ex-Chipotle Employee Awarded Nearly $8 Million For Wrongful Termination

Ex-Chipotle Employee Awarded Nearly $8 Million For Wrongful Termination Ortiz's bosses claimed the theft was caught on camera, but she was never shown the video because her bosses told her the evidence had been destroyed. Ortiz promptly filed a wrongful termination lawsuit , which effectively resulted in the chain being ordered to shell out $7.97 million in legal restitution. [Full Article...]

Centrica loses 110000 United Kingdom customers first 4 months of 2018

Centrica loses 110000 United Kingdom customers first 4 months of 2018 Iain Conn, Centrica chief executive, says: "2018 has begun well and overall financial performance in the year to date has been good, despite high competitive intensity in all our markets". The company, which faces a United Kingdom government-imposed price cap, said it assumed temporary tariff cap would be in place at end of 2018, adding that it now had 3.8m customers on its standard variable tar... [Full Article...]

Oil Slips as OPEC Seen Able to Offset Iran Losses From Sanctions

Oil Slips as OPEC Seen Able to Offset Iran Losses From Sanctions Meanwhile, France's PSA Group pugoy -the company that makes Peugeots and Citroens-has also been keenly selling into Iran. Russian Federation and Iran sought to strengthen their business ties long before the 2015 agreement, despite worldwide sanctions in place. [Full Article...]

South32 Limited (LON:S32) Ratings Summary as of May 13, 2018

South32 Limited (LON:S32) Ratings Summary as of May 13, 2018 It has outperformed by 33.98% the S&P500. Total analysts of 4 have positions in NCC Group PLC ( LON:NCC ) as follows: 3 rated it a "Buy", 0 with "Sell" and 1 with "Hold". UTG underperformed the S&P500 by 11.55%. S&U plc provides consumer credit and motor finance services in the United Kingdom. The company has market cap of 717.02 million GBP. [Full Article...]

CBS revolts against Redstone, sues to stop Viacom deal

CBS revolts against Redstone, sues to stop Viacom deal The complaint states that the Redstones and their company National Amusements are planning to use their power as "controlling stockholder" to approve a merger of Viacom and CBS just days after it was unanimously rejected by members of a Special Committee of the corporation's Board of Directors. [Full Article...]

Women Take Charge on Lochlyn Hills Habitat for Humanity Project

Women Take Charge on Lochlyn Hills Habitat for Humanity Project Habitat for Humanity and Lowe's found in a study, that sixty-two percent of women cannot afford a house that meets their families needs, and is in the neighborhood they want to live. "This is give-back time", said Shana Cruz. "Our houses are built by volunteers". Event organizers say they were happy with the community members who came out Friday. [Full Article...]

SpaceX just successfully landed its most powerful rocket yet

SpaceX just successfully landed its most powerful rocket yet Although a day later than initially planned, SpaceX's latest upgraded " Block 5 " Falcon 9 rocket blasted off from Cape Canaveral on Friday afternoon (May 11) sending Bangladesh's first satellite into orbit. Bangabandhu Satellite-1 is Bangladesh's first geostationary communications satellite. The block 5 upgrades are created to meet the stringent safety requirements for such missions. [Full Article...]

HSBC Makes World's First Trade Finance Transaction on the Blockchain

HSBC Makes World's First Trade Finance Transaction on the Blockchain The NYSE- and LSE-listed banking and financial services organization has issued a letter of credit to the Dutch lender ING Groep NV (ADR) ( ING ) for the US food and agriculture firm Cargill. So-called letters of credit are often paper-based. HSBC and ING said the technology is "perfect" for trade because it keeps an unchangeable log of the transaction and details of the products being b... [Full Article...]

India's wholesale inflation rises to 3.18 per cent in April

India's wholesale inflation rises to 3.18 per cent in April WPI inflation was at 2.47% in the previous month and 3.85% during the corresponding month of the previous year. Deflation in vegetables was 0.89 per cent in April, while in the previous month it was 2.70 per cent. The inflation was at 2.99% in April previous year. On a YoY basis, onion prices in April 2018 soared higher by 13.62 per cent and potatoes by 67.94 per cent. [Full Article...]

United States sanctions on European companies doing business with Iran 'possible,' Bolton says

United States sanctions on European companies doing business with Iran 'possible,' Bolton says French exports to Iran doubled to 1.5 billion euros ($1.79 billion) a year ago, driven by jets and aircraft and automobile parts, according to customs data. Where does New Zealand stand? As well as OPEC's voluntary cuts, a plunge in Venezuelan oil output due to economic crisis and the United States' departure from a nuclear deal with OPEC member Iran have supported prices. [Full Article...]

Facebook suspends around 200 apps over potential data misuse

Facebook suspends around 200 apps over potential data misuse Before Facebook's policy change in 2014, many privacy advocates were complaining about the poor ethics and illegality-in Europe at least-of allowing third-party apps so much access to people's data, without their consent, in the first place. [Full Article...]

Airbus A330 shears tail off A321 after jets collide in Istanbul

Airbus A330 shears tail off A321 after jets collide in Istanbul No injuries were reported, but the cancellation of the Asiana flight caused inconveniences for passengers. An Asiana plane bound for Incheon hit a stationary Turkish Airlines aircraft in Istanbul on Sunday (May 13), Korean media have reported. [Full Article...]

AAA Michigan: Statewide average gas prices rise 7 cents

AAA Michigan: Statewide average gas prices rise 7 cents That means access to their oil fields is cut off. In the last week alone, Florida's gas prices rose almost 10 cents to an average of $2.818 as of Monday morning. The West Palm Beach-Boca Raton market easily had the most expensive gas in Florida with prices averaging $2.92 per gallon. As of Sunday afternoon, the Colorado average was $2.72 a gallon, which is the cheapest in the Rockies r... [Full Article...]


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