Tuesday October 15-th, 2019

Tata Motors Q4 profit falls 49% to Rs 1,108 crore Tata Motors Q4 profit falls 49% to Rs 1,108 crore

The automaker's loss came at ₹26,993 crore for the three months ended 31 December. Weakness in the Chinese auto market resulted in a 5.8 percent decline in sales to 578,915 vehicles in the region. Finance chief P.B. Balaji told reporters he expected ...

FCC chairman backs T-Mobile-Sprint deal in key endorsement FCC chairman backs T-Mobile-Sprint deal in key endorsement

The $26 billion merger would give control of all of Sprint's communication licenses and permissions over to T-Mobile, according to the FCC merger docket . 5G promises faster speeds and could support new technologies. In a filing with the FCC on ...

Ford Layoffs: Automaker Cutting 10% Of Global Salaried Workforce

In an email to employees, Ford CEO Jim Hackett said job cuts in North America would be completed by the end of the week, with layoffs in global markets to conclude by the end of August. "Ford is a family company and saying goodbye to colleagues is ...

FCC to vote in June on blocking scam calls FCC to vote in June on blocking scam calls

The rising volume of calls in the last few years, driven by how cheap and easy it is for scammers to call millions of people as well as weak enforcement, has created pressure on Congress, regulators and phone companies to act. Customers would be ab...

Greenpeace activists 'shut down' BP's London headquarters with stone barricades Greenpeace activists 'shut down' BP's London headquarters with stone barricades

Writing on Twitter , they wrote: "We've met with BP several times but they're still continuing a business which is incompatible with a healthy & prosperous future". Greenpeace has shut down BP's headquarters in London on the eve of its annual gene...

Ryanair's full year profits drop by 29% Ryanair's full year profits drop by 29%

Revenues at the low-priced airline grew 6% to 7.56 billion euros (£6.6 billion) over the same period. But this guidance was "heavily dependent", O'Leary said, on peak summer fares, prices in the second half of the year, the absence of security-rela...

Latest Statistics Makes Stock Even More Striking:: Aurora Cannabis Inc.(NYSE : ACB) Latest Statistics Makes Stock Even More Striking:: Aurora Cannabis Inc.(NYSE : ACB)

The EPS of ACB is strolling at, measuring its EPS growth this year at 24.9%. The Average True Range (ATR ) is also a measure of volatility is presently sitting at 0.36. The Market Value for this Canadian cannabis company is a little over $1.5 bi...

Jobless rate rises to 5.2pc, rate cut bets firm Jobless rate rises to 5.2pc, rate cut bets firm

The euro was last a shade lower at $1.1203. "The uptick in the unemployment rate means that, along with the additional weakening in forward looking indicators, the two necessary conditions for the RBA to cut have been met or we are now very cl...

EasyJet Interim Loss Widens Sharply On Increased Fuel Costs EasyJet Interim Loss Widens Sharply On Increased Fuel Costs

Mr Lundgren added: "I can understand if people think that the prices are high on this occasion, because it is higher than the average". "But there's no doubt that this was an occasion where the prices went very high because the demand was enormous"...

PRA welcomes Metro Bank's £375m funding drive PRA welcomes Metro Bank's £375m funding drive

Metro Bank is profitable and continues to have adequate capital and liquidity to serve its current customer base. After voting against the re-election of the chairman and approval of the pay report previous year, this time round LGIM said it would ...

Thomas Cook shares collapses on broker warning Thomas Cook shares collapses on broker warning

HOLIDAY firm Thomas Cook has announced a £1.46bn loss over just six months, as it closes 21 high street stores and Brits book fewer breaks. "Once a leading United Kingdom tour operator, the airline now holds the worst global ranking at 72nd place...

‘Huawei will not bow to US pressure’ ‘Huawei will not bow to US pressure’

President Donald Trump (right) expanded his tariff regime to include practically everything China exports to the US; Chinese President Xi Jinping (left) retaliated Monday but said his own tariffs won't go into effect until June. Huawei has said t...

Elon Musk to personally review Tesla expenses due to cash situation Elon Musk to personally review Tesla expenses due to cash situation

Although, Tesla Inc.'s initial plan was to use the solar panels in its solar roof, as a move to encourage low-carbon lifestyle for eco-conscious consumers, the company had sporadically been using them and installed them on just a few rooftops so fa...

Tesla's 'Autopilot' engaged in Florida fatal crash Tesla's 'Autopilot' engaged in Florida fatal crash

The Tesla Model 3 that crashed into a tractor-truck on March 1 in Florida had Autopilot engaged at the time of the crash , according to the National Transportation Safety Board's (NTSB) preliminary report. These first responder vehicles we...

Iron ore futures are still going nuts Iron ore futures are still going nuts

The most active September iron ore contract on the Dalian Commodity Exchange rose more than 5% at one point and ended the trading day 4.8% higher at 680.5 yuan/mt. The move in futures suggests the benchmark could climb above the $100 a tonne level ...

Baidu quarterly revenue rises 15.4% Baidu quarterly revenue rises 15.4%

Marketing expenses also climbed following its CCTV New Year's Eve Gala promotional activities. Baidu also said its board had authorised a new share buyback plan that could see the repurchase of up to $1 billion of its shares. Baidu expects "onli...

Luckin investors are short America, long lunacy Luckin investors are short America, long lunacy

Now it wants to sell its business model to USA investors. Luckin Coffee , the coffee startup that competes with Starbucks in China , soared 47% in its Friday debut on the Nasdaq. The delivery-first model "has fundamentally changed the cost ...

Lavalin cancels sale of 407 stake to OMERS Lavalin cancels sale of 407 stake to OMERS

National Bank Financial reduced their price target on shares of Snc-Lavalin Group from C$52.00 to C$50.00 and set an "outperform" rating for the company in a research report on Monday, April 8th. However, SNC said that Cintra waived its "right of f...

Walmart says US-China trade war will lead to higher prices Walmart says US-China trade war will lead to higher prices

This move is likely to be expected to increase the prices on numerous products such as electronics , clothing, and furniture. But the specter of higher prices was also echoed by Macy's CEO Jeff Gennette . It also has almost 1,000 stores that offer ...

Gulf nations approve U.S. request to deploy troops in Arabian Gulf Gulf nations approve U.S. request to deploy troops in Arabian Gulf

Falih said oil demand in Asia had picked up, while demand in the United States for Saudi crude had dropped . OPEC and the International Energy Agency (IEA) said earlier this month that global oil supply fell in April due to tightened U.S.

Facebook forms Swiss fintech firm with payments focus Facebook forms Swiss fintech firm with payments focus

Apart from Blockchain and cryptocurrency payments, Facebook-owned Libra Networks will deal with data analytics, investing, and identity management. Switzerland was the most obvious choice for Facebook since Zug's "Crypto Valley" is not as know...

Nissan brings ProPILOT driver assist to Japanese market Skyline sedan Nissan brings ProPILOT driver assist to Japanese market Skyline sedan

Audi AG has put a high-end A8 on the market that can, under certain circumstances, take full control of a vehicle away from the driver, while Daimler AG and BMW AG said in February they will jointly develop vehicles capable of automated driving on hi...

Historic JFK terminal will get new life as luxurious resort Historic JFK terminal will get new life as luxurious resort

Trans World Airlines (better known as TWA) commissioned groundbreaking Finnish American architect Eero Saarinen to design its JFK terminal in 1962. The TWA terminal at New York's John F. A lone TWA sign still marks its winged, white former termi...

Amazon launches flight booking service in India Amazon launches flight booking service in India

Launched in partnership with Cleartrip, the new flight booking service can be accessed via Amazon Pay section in the Amazon app or on the Amazon.in website. "We are excited to partner with Cleartrip and share their passion of creating the best in cla...

Sales At UK Supermarket Asda Fall On Later Easter Sales At UK Supermarket Asda Fall On Later Easter

The group reported like-for-like sales growth of 2.8% for B&Q in the United Kingdom and Ireland for the three months to April 30, which marks a turnaround on recent trading and from a year earlier when the Beast from the East extreme weather pushed s...

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