Saturday October 20-th, 2018

Dixons Carphone says data breach affected 10 million Dixons Carphone says data breach affected 10 million

It isn't the first time the company has failed to adequately protect payment card data as it suffered a similar breach in 2015 where the details of nearly a million cards were compromised. Your bank should then get in touch about arranging either a n...

RBI monetary policy: Repo rate hiked by 25 bps

In its Inflation Report, the Bank raised its GDP growth forecast for this year slightly, from 1.4% to 1.5%, and lifted next year's GDP forecast from 1.7% to 1.8%. BST (7.30 a.m. ET) in which he will discuss the reasons for the bank's hike, as well ...

Engine production suffers June fall but posts record six months total Engine production suffers June fall but posts record six months total

The concerns have been further exacerbated by figures released last month which show that almost nine in 10 cars built in the United Kingdom last month were earmarked for export - the majority of which were destined for the EU. Leading firms in the...

U.S. trade war to affect Tyson Foods' 2018 shares U.S. trade war to affect Tyson Foods' 2018 shares

The company has Relative Strength Index (RSI 14) of 72.06 along with Average True Range (ATR 14) of 1.98. A statistical measure of the dispersion of returns (volatility) for TSN producing salvation in Investors mouth, it has week volatility of 1.54...

RBI hikes repo rate by 25 basis points RBI hikes repo rate by 25 basis points

Inflation is now expected to rise to 2.5 per cent in the next quarter before falling to 2.2 per cent in 2019, and 2.1 per cent a year later - all a percentage point above previous forecasts. In its statement on Thursday, the central bank said it saw ...

Huawei tops Apple in tightening smartphone market - IDC Huawei tops Apple in tightening smartphone market - IDC

It's the first time in eight years that the U.S. tech giant has not been the number one or two smartphone company in terms of market share. "Honor, which is already strong in the e-commerce segment, is now adopting a multi-channel strategy through br...

Durex recalls condom batches over split concerns Durex recalls condom batches over split concerns

But it had decided to make the recall after "working closely with the relevant regulatory authorities". You should also check the foil wrapping to see if they are amongst the recall batch. The batch number for the Latex Free are as follows: Durex L...

Donald Trump ratchets up trade war with China

At a campaign rally in Florida Tuesday night, Mr. Trump said China's response targeting USA farmers has been "not nice". In an official statement, Lighthizer explained that raising the tariff rate from 10 to 25 percent would provide the Trump Admin...

Trump Raises Proposed Chinese Tariffs to 25%

In the coming weeks, the USTR will analyze the president's proposal and will open a public consultation period in late August so that U.S. companies can offer their opinions on the measure. "US pressure and blackmail won't have an effect". The U.S....

RBI increases repo rate by 25 bps to 6.50% RBI increases repo rate by 25 bps to 6.50%

SBI, PNB, ICICI Bank last raised their lending rates up to 10 basis points (0.10 per cent) effective June 1, 2018. Ahead of the three-day meet, which started on Monday in Mumbai , experts were divided in their opinion if the RBI would hike the key...

Project fans fuming over Steve Price’s comments on plastic bag ban Project fans fuming over Steve Price’s comments on plastic bag ban

Steve then found himself in a heated debate with advertising executive Dee Manigan who argued that Coles has made a misstep with this decision and should expect "huge backlash" considering the majority of customers are actually behind the bag ban.

Yen falters on Bank of Japan pledge Yen falters on Bank of Japan pledge

The British pound slid below $1.31 as investors prepared for a Bank of England policy meeting this week at which markets are now pricing in a near-90 percent chance of a 25 basis points rate rise. The Japanese central bank has also made a decision to...

Tesla posts $717m loss yet beats revenue predictions Tesla posts $717m loss yet beats revenue predictions

Tesla's second-quarter financials are out, and things are looking OK, but next quarter is when things will get truly interesting. But its cash burn extended a money-losing streak for chief Elon Musk during one of the company's most challenging years ...

Trump imposes sanctions over Turkey's detaining of minister Trump imposes sanctions over Turkey's detaining of minister

On July 26 , Trump announced in a tweet that if the Turkish government did not release Brunson, the USA would impose "large" sanctions on Turkey. Ben Sasse, R-Neb., said in a statement applauding the sanctions Wednesday. He lived with his wife ...

Alert issued for salads, wraps due to parasite concern Alert issued for salads, wraps due to parasite concern

The USDA's Food Safety and Inspection Service notes the incubation period for cyclospora is up to two weeks, which will last until August 6. Consumers have been warned by federal health officials not to purchase over two dozen salad and wrap pr...

Yemen's Houthis ready to halt Red Sea attacks Yemen's Houthis ready to halt Red Sea attacks

Saudi Arabia this week refused to back down from its decision to stop oil shipment along the Bab al-Mandeb strait in fear they could be targeted by rebel forces engaged in the war in Yemen. The Abqaiq was previously damaged in a Houthi attack off th...

RBI hikes repo rate, EMIs and home loans may get costlier

This was the first time since October 2013 that the central bank hiked the repo rate -- the rate at which it lends to commercial banks -- at two consecutive policy meetings. Excluding the Housing Rent Allowance (HRA) impact, CPI-based retail inflatio...

JLR slips to £264 million pre-tax loss JLR slips to £264 million pre-tax loss

Tata Motors' losses were compounded by the fact that dealers in China delayed purchases for the company's subsidiary luxury brand Jaguar Land Rover ( JLR ) to benefit from an import duty cut that came into effect after the quarter ended.

USA may slap China with higher tariffs, Beijing vows to retaliate

Earlier, US Trade Representative Robert Lighthizer exacerbated the conflict by releasing a list of thousands of Chinese products worth $200 billion that could face additional 10-percent tariffs. The administration announced last month it will provide...

OnePlus Is Killing It In The Indian Premium Smartphone Market OnePlus Is Killing It In The Indian Premium Smartphone Market

According to the report from research agency Counterpoint , OnePlus grabbed 40 percent premium market share while Samsung's market share compared to 34 percent market share in April-June time frame. Apple slipped to No. 3, shipping 41 million u...

Discount ticket service MoviePass raises prices by 50 pct

The company's shares have plunged 96 percent over the last week after it was unable to make required payments to its merchant and fulfillment processors. In a press release, MoviePass and its owners at Helios and Matheson Analytics Inc. announced ...

Apple Closes In on $1 Trillion Market Cap With Q3 Earnings Beat Apple Closes In on $1 Trillion Market Cap With Q3 Earnings Beat

Shares in the Californian tech giant jumped more than 2% in after hours trading in NY. The company closed the day with a valuation of $935 billionーits next closest rival, Amazon, ended the day at $867 billion. That's in line with the company's recent...

MoviePass tipped in plan to ditch blockbuster movie tickets MoviePass tipped in plan to ditch blockbuster movie tickets

After being forced to take out an emergency loan late last week to keep the operation afloat (the effectiveness of which was questionable as service disruptions continued through the weekend), the movie subscription service on Tuesday announced the...

Uber shutters autonomous truck project, but self-driving cars remain Uber shutters autonomous truck project, but self-driving cars remain

Employees who were working on the self-driving truck program will pivot to other work supporting self-driving technology development, Uber said. Uber's aspirations had included self-driving trucks, with the smartphone-summoned-ride service revving ...

Ryanair's German-based pilots back industrial action

Around 100 Irish-based pilots are set to have their fourth 24-hour stoppage this Friday - though Ryanair stresses it has only hit a tiny minority of its overall operation. Ryanair said up to 3,500 passengers booked on Friday's cancelled flights had b...

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