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Disney must bid for Sky, takeover umpire rules

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If Comcast ends up acquiring Sky, Disney would not have to put forward a bid, the Takeover Panel said . Sky separately said that shareholders should not take any action, and further advice will be announced in due course. If the Competition and Markets Authority clears Murdoch's bid and Disney is in turn allowed to complete its Fox deal, then Sky will come under the full ownership of the theme parks-to-films conglomerate. Read More »

Russian firms on brink as United States sanctions cause panic

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Shares of United Company Rusal Plc fell 40 percent in Hong Kong on Monday after it was included in the new list. Jasper Lawler, head of research at London Capital Group, added: "The sanctions make it nearly impossible for these Russian firms and their billionaire owners to transact in United States dollars, the main currency used in global trade and the standard denomination for commodities". Read More »

Oil Prices Head Higher On Large Crude Draw

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The decline in United States stockpiles has boosted optimism that surging shale output may not thwart Organization of the Petroleum Exporting Countries's (OPEC) efforts to drain a glut. Yuan-denominated oil futures on the Shanghai International Energy Exchange were little changed at 402.3 yuan a barrel after the September-delivery contract closed 3.4% lower on Tuesday. Read More »

American Airlines orders 47 Boeing 787 Dreamliners

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American also deferred delivery of 40 Boeing 737 Max narrow-body planes to between 2025 and 2026. "This new order is a powerful endorsement of the 787 family's unique passenger appeal and unmatched ability to help airlines open new routes and grow profitably", said Boeing Commercial Airplanes President and CEO Kevin McAllister in a news release. Read More »

Markets end flat in a see-saw trade day

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This is the benchmark's biggest fall since March 23, when it had lost 409.73 points. The Sensex vaulted 577.73 points or 1.75 per cent to end the day at 33,596.80 while the Nifty soared 196.75 points or 1.94 per cent to close the session at 10,325.15. Read More »

USA job creation tumbles in March; unemployment steady at 4.1%

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Mark Hamrick, senior economic analyst for interest rate tracking website Bankrate.com, said that the March report from the US Labor Department, looked at in isolation, was "on the disappointing side". The U.S. economy marked its 90th consecutive month of job growth in March, but the U.S. added fewer jobs than had been expected, with a net gain of only 103,000. Read More »

ICICI Bank share price plunges 6 pct on CBI probe talk

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But there are many unanswered questions: What was the collateral and loan guarantee to Videocon group's loan facility? ICICI Bank had loaned Dollars 100 million through its Canadian subsidiary to Videocon, which was repaid in full with interest, Dhoot said, adding that there were enquiries by the Enforcement Directorate in the matter, but it did not find any wrongdoing under the foreign exchange management laws. Read More »

Spotify had a wimpy market listing, and that's okay

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Spotify has around 36 percent of the nascent but growing music streaming market worldwide, according to Statista . The popular music streaming service took an unusual route to initial public offering ( IPO ), opting for a direct listing . Read More »

Beermaker recalls bottles because of glass problem

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The recalled bottles come from a production facility operated by a third party that produces less than one percent of Stella Artois bottled beer in North America annually, and Stella Artois believes the number of affected bottles will "be far less than this", the announcement said . Read More »

US To Probe Tesla Crash In California

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The 1-year low was reported on Mar, 28 by Barchart.com . (NASDAQ: TSLA ) for 36,629 shares. ENEVA SA AMERICAN DEPOSITARY RECEIPTS - (OTCMKTS:ENEVY) had a decrease of 67.21% in short interest. On Wednesday, October 25 the stock rating was maintained by Robert W. Baird with "Buy". Citigroup maintained Tesla, Inc . The firm earned "Underweight" rating on Tuesday, February 9 by Barclays Capital. Read More »

Why did Arvind Kejriwal apologise to Bikram Singh Majithia now?

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I will not retract from my stated stand". The AAP's central leadership has called the party's Punjab leaders, including MLAs, for a meeting with its national convener Arvind Kejriwal in Delhi tomorrow, after a majority of its MLAs in the state yesterday discussed the option of splitting and forming a separate unit. Read More »

1100 hours of detention for student walkouts

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Students read the names, gave a short biography of each Parkland victim and lit a candle for each one. In response, Keranen reached out and stated gathering up other students. The idea of chaperoned protests rubbed some students the wrong way, however. Congress has shown little inclination to defy the powerful NRA and tighten gun laws, and Mr. Read More »

Harvey Schwartz quits Goldman Sachs

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He also gained a huge financial leg-up from Donald Trump's sweeping tax reform bill, because of his supplemental work at Goldman Sachs. Blankfein traveled the week after the board meeting and didn't have a chance to discuss the decision with the two executives. Read More »

AXA to purchase XL Group

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The price represents a premium of 33 percent to XL Group closing share price on March 2, 2018. Upon completion of the transaction, the combined operations of XL Group , AXA Corporate Solutions and AXA Art will be led by Greg Hendrick, now the President and Chief Operating Office of XL Group , who will be appointed CEO of the combined entity and join AXA Group's management committee, reporting to Thomas Buberl . Read More »

Meghalaya assembly election results 2018: Congress' hattrick or BJP's debut?

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However, a third exit poll predicts a close contest between the CPM and the BJP in the 60-member assembly. Polling to Charilam (st) seat in Tripura was postponed till the 12th of next month due to the death of a candidate. Now led by former Cabinet minister AL Hek, even if it gets a handful of seats it can use its power at the Centre and presence in neighbouring states, Assam and most recently in Manipur, to prevent the Congress or any other non-BJP alternative to form a government. Read More »

Uber ride home after hours of drinking costs man $1600

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Bachmann countered that he didn't want to just be left on the side of the road. "When I woke up in the passenger seat of some random older foreign man's vehicle I had so many questions", he said . A drunk man's Uber trip ended up costing him $1,600. Bachman got back to New Jersey safe and sound. The trip cost $1,635.93, and he even gave the driver toll money for the trip back, and rated him five stars. Read More »

Comcast boss tells of London cab driver's role in £22bn Sky bid

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Unveiling the bid (PDF), Comcast CEO Brian Roberts described Sky as "an outstanding company" delivering "a fantastic viewing experience", which was a "consistent innovator". Unlike the offer from 21st Century Fox , Comcast does not predict any issues with media plurality. Comcast is the biggest US cable-TV operator and also owns one of the largest film and television groups, NBCUniversal. Read More »

Utah Unions Keeping Close Eye on US Supreme Court's Janus Case

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The unions represent more than 5 million government workers in 24 states and the District of Columbia who could be affected by the outcome. The justices heard arguments in a challenge to an IL law that allows unions representing government employees to collect fees from workers who choose not to join. Read More »

United Kingdom economic growth revised lower in the fourth-quarter

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In the United Kingdom as a whole, only three regions of England - the North East, Yorkshire and the Humber, and the West Midlands - had higher unemployment rates during October-December. The central bank would raise interest rates in order to reduce inflation over a two-to-three year horizon. Average weekly earnings for employees in nominal terms (not adjusted for inflation) increased by 2.5% including and excluding bonuses. Read More »

Investor Warren Buffett says good deals tough to find

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Berkshire Hathaway's fourth-quarter profit more than quadrupled as it received a $29 billion boost from the new tax law that easily offset any weakness in the company's businesses. He admitted that the struggle in finding a "sensible purchase price" had "proved a barrier to virtually all deals" a year ago. Buffett briefly mentioned that move in two paragraphs at the very end of his letter. Read More »

Sling TV Now Has More Than 2.2 Million Subscribers

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Analysts have placed a $71.4 price target on DISH Network Corporation, suggesting a 60.2% gain from recent close. After $0.57 actual earnings per share reported by DISH Network Corporation for the previous quarter, Wall Street now forecasts -3.51% negative EPS growth. Read More »

Three dead as Mobile mourns fallen police officer

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Nexstar affiliate News 5 has learned more about Officer Billa based on a 2016 honor naming him Officer of the Month. Poellnitz's daughter Octavia had identified Hollie as the likely suspect to media outlets before it was confirmed by authorities. Read More »

Walmart US Q4 Ecommerce Sales Slow

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Moody's Lead Retail Analyst Charlie O'Shea described Walmart's online performance as "impressive" in comments emailed to Retail Dive. Furthermore, the company managed to report great figures from their quarter despite the lackluster earnings per share; Walmart managed to bolster its revenue and US same-store sales . Read More »

The Kraft Heinz Company (NASDAQ:KHC) slips -0.98% in Friday's Pre-Market

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With the company announcing Thursday that it had eliminated more than $1.7 billion in expenses since the merger, there is growing pressure to find another target to buy. The firm's quarterly revenue was up.3% compared to the same quarter a year ago. On 2/15/2017 Kraft Heinz announced a quarterly dividend of $0.60 2.75% with an ex dividend date of 3/1/2017 which will be payable on 3/17/2017. Read More »

Bitcoin's price falls Below $7000

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Ethereum dropped 1 pct year-to-date, while Ripple fell 65 pct in the same period to 72 cents. The decline of bitcoin seems to be continuing unabated, since mid-December, this week dipping below $6,000, a figure which financial analysts have not reported since November. Read More »

Libyan Oil Exports Rise Amid High OPEC Compliance

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The US oil production is expected to reach an average of 10.3 million barrels per day this year and 10.9 million barrels per day in 2019, the IEA said in its monthly market report. Imports rose by 389,000 barrels per day to 8.43 million barrels per day. As disruptive influences have risen in Libya, the frequency of our high impact alerts have increased, along with the price of oil (hark, below). Read More »

Wales v Scotland - Story of the match

Wales's Steff Evans scores their fourth try. Given their form, Welsh skipper Jones is expecting a titanic tussle at Principality Stadium. "They have a bag of tricks that I am sure they may dip into at some point of the game as well", added the 32-year-old, who is Wales's most capped lock and will be winning his 114th cap. Read More »

NVIDIA Corporation (NVDA): Tech Stock Trending Alert

Fiduciary Trust Co. now owns 6,590 shares of the computer hardware maker's stock worth $1,275,000 after buying an additional 532 shares during the period. Finally, BidaskClub upgraded NVIDIA from a "buy" rating to a "strong-buy" rating in a report on Thursday, January 11th. Year to Date performance value (YTD perf) value is 25.75%. Read More »

German Scientists Tested Toxic Diesel Fume on Humans (Again)

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The report said about 25 healthy people inhaled nitrogen dioxide in varying amounts at an institute run by Aachen University in southern Germany. German carmakers condemned experiments that exposed humans to diesel fumes, promising to investigate the tests whose disclosure threatens to open a new phase in an emissions controversy that's dogged the industry since 2015. Read More »