Markets

Markets EUR/GBP: The case for a short after the hawkish BOE
Author: 0 EUR/GBP: The case for a short after the hawkish BOE

Ian Kernohan, economist at Royal London Asset Management , said the latest report significantly increases the risk of a rate hike in May. The pound surged after the report - up 0.8 per cent against the U.S. Months of healthy reports about the state of the U.S. and European economies led to significant and sustained growth on global stock markets, but last week they began to fall sharply.

Markets Wall Street gains as volatility eases, Dow up over 200 points
Author: 0 Wall Street gains as volatility eases, Dow up over 200 points

US stocks posted sharp gains in another wild trading session on Tuesday, as indexes rebounded from the biggest one-day drops for the S&P 500 and the Dow in more than six years that stalled the market's record run. But a steady climb that lasted more than a year has given way to two weeks of shaky selling. The volatility index of futures market , on or hand, recovered 25% at end of session and was repositioned over 30 points, reflecting tension between investors.

Markets Korea toward more hawkish N. Korea policy
Author: 0 Korea toward more hawkish N. Korea policy

North Korea informed the South on Wednesday that leader Kim Jong Un's sister , an increasingly prominent figure in the country's leadership, will be part of a high-level government delegation traveling for the Olympics. But he notes that if Kim was trying to look more rational by engaging with South Korea on the Olympics, the display of military power is an odd way to show it.

Markets Florida woman: Airline told me to flush pet hamster
Author: 0 Florida woman: Airline told me to flush pet hamster

Aldecosea considered letting the dwarf hamster run free but thought it would be more humane to quickly end Pebbles' life, according to The Miami Herald , which first reported the incident. She was offered a seat on a later flight and tried to rent a vehicle to take Pebbles back to her student accommodation, but no cars were available.

Markets Twenty-First Century Fox Inc Announces Quarterly Dividend of $0.18
Author: 0 Twenty-First Century Fox Inc Announces Quarterly Dividend of $0.18

The company as a whole reported quarterly revenue of $8.04 billion, a $355 million, or 5%, increase from the $7.68 billion of revenues reported in the prior year quarter. Under the deal, Disney will acquire 21st Century Fox, including the Twentieth Century Fox Film and Television studios, along with cable and global TV businesses.

Markets Tesco facing record £4bn equal pay claim, law firm says
Author: 0 Tesco facing record £4bn equal pay claim, law firm says

This could lead to a difference of around £5,000 a year. Paula Lee , of Leigh Day solicitors , has lodged complaints with the conciliation service Acas, on behalf of almost 100 Tesco staff who say they earn as much as £3 an hour less than male warehouse workers in similar roles.

Markets ING Groep NV Has $6.63 Million Position in Activision Blizzard, Inc. (ATVI)
Author: 0 ING Groep NV Has $6.63 Million Position in Activision Blizzard, Inc. (ATVI)

The company has a market cap of $55.46 Billion. The shares went down by -0.52% in value last month. The firm has fifty days moving average percentage of 7.88% to its latest price change. (NASDAQ:AAPL) has "Buy" rating given on Monday, June 12 by Macquarie Research. It increased, as 49 investors sold NUAN shares while 98 reduced holdings.

Markets Procter & Gamble to cease operations at 113-year-old KCK plant
Author: 0 Procter & Gamble to cease operations at 113-year-old KCK plant

Products include items such as Pantene, Head & Shoulders, Aussie and Herbal Essences shampoos and conditioners; Olay, Old Spice, Gillette and Ivory body washes; Dawn, Joy, Gain and Ivory hand dish washing products; Swiffer; and Bounce. Bounce will be the first items produced at the West Virginia site, beginning February 14. P&G also will move chemicals production from Kansas City to a chemicals plant near its Cincinnati headquarters.

Markets Featured Stock for Investors: Rio Tinto Plc (NYSE:RIO)
Author: 0 Featured Stock for Investors: Rio Tinto Plc (NYSE:RIO)

Finally, TIAA FSB increased its position in Rio Tinto by 12.6% during the 4th quarter. Rio Tinto ( LON RIO ) traded down GBX 21 ($0.29) during mid-day trading on Tuesday, hitting GBX 3,880.50 ($54.41). The stock has a market cap of $101,050.00, a price-to-earnings ratio of 16.09 and a beta of 1.09. Looking at the Analyst Recommendations of the stock, 4 Analysts issued a Buy for MoSys, 2 gave Outperform, 1 analysts gave Hold Rating, 0 issued Underperform and 0 marked the stock as Sell.

Markets Major cybercrime forum shut down in global operation led by Justice Department
Author: 0 Major cybercrime forum shut down in global operation led by Justice Department

Attorney of Nevada, said in a call with reporters. Another eight have been detained in other countries including Australia, Italy, and Serbia, and await extradition to the US. Super Moderators oversaw and administered specific subject-matter areas within their expertise. The US just took down one of the larger online crime organizations in recent memory - certainly one of the largest prosecuted by the feds.

Markets Uber-Waymo Trial Reveals New Details Of Otto Acquisition
Author: 0 Uber-Waymo Trial Reveals New Details Of Otto Acquisition

Once upon a time, Levandowski was Uber's saviour to catch Google in the self-driving auto wars. Former Uber chief executive Travis Kalanick on Wednesday denied conspiring to steal autonomous driving technology in a tense courtroom appearance that could be key to a blockbuster trial over allegedly ill-gotten trade secrets.

Markets India's Finance Minister Arun Jaitley Wants To Eliminate Bitcoin
Author: 0 India's Finance Minister Arun Jaitley Wants To Eliminate Bitcoin

After an honest introspection, need was felt to prioritise the rural sector, said Arun Jaitley . After the establishment of Dairy Infrastructure Fund, Jaitley announced setting up a Fisheries and Aqua culture Infrastructure Development Fund (FAIDF) for fisheries sector and an Animal Husbandry Infrastructure Development Fund (AHIDF) for financing infrastructure requirement of animal husbandry sector with a total corpus of Rs.10,000 crore for the two new funds.

Markets BP reports one of its strongest quarters in years
Author: 0 BP reports one of its strongest quarters in years

Last week, North Sea oil production to 200,000 barrels by 2020 through a variety of projects. BP is the latest oil major to benefit from climbing prices, with Tuesday's results marking one of the strongest years in the company's recent history.

Markets Sensex down over 1100 points on global sell-off
Author: 0 Sensex down over 1100 points on global sell-off

The Sensex provisionally closed (at 3.30 p.m.) at 34,195.94 points - down 561.22 points or 1.61 per cent - from its previous close at 34,757.16 points. "Just because something applies in global markets doesn't mean it has to happen in India too". Adding: "Indian market is performing in line with global in this down turn".

Markets Centre has extended adequate help to Andhra: BJP
Author: 0 Centre has extended adequate help to Andhra: BJP

Voicing out their opinion against the injustice meted out to Andhra Pradesh, TDP MPs of AP have protested on Monday against Union Government's step-motherly treatment to the state. "We are running out of patience after witnessing the continued injustice in four budgets", Naidu commented when some MPs pointed out that there is no respect for MPs of NDA's partner parties.

Markets Barnier warns Britain over post-Brexit trade
Author: 0 Barnier warns Britain over post-Brexit trade

They've even hatched a plot to oust her, according to the Sunday Times. Her standing as leader was irreparably damaged by last June's election result, and has since been damaged further by her response to the Grenfell tragedy, a cough-laden party conference speech and an indecisive cabinet reshuffle.

Markets Alexa Lost Her Voice But Won Over Viewers In Super Bowl Ad
Author: 0 Alexa Lost Her Voice But Won Over Viewers In Super Bowl Ad

However, the challenge was to stop the word Alexa from triggering Amazon Alexa devices in homes around the world where the game was on. Despite the increased competition, Alexa remains the most popular . In some of those recordings, those frequencies appeared to be non-existent. Amazon is expected to make a big impact in its new city, regardless of the choice.

Markets SpaceX's Falcon Heavy prepares for Tuesday launch
Author: 0 SpaceX's Falcon Heavy prepares for Tuesday launch

The re-usability fo Space X's rockets is key to the company's plans to make spaceflight more affordable, and eventually more commonplace. We might see the Heavy, with Elon Musk's own Tesla Roadster in its payload bay, sail towards the heavens in a flawless dance of engineering and physics...

Markets Bitcoin Price Crashes Below $6000, Sheds 65% Value In Just One Month
Author: 0 Bitcoin Price Crashes Below $6000, Sheds 65% Value In Just One Month

As of Tuesday, it dropped to $6,424, losing two-thirds of its all-time high of almost $20,000 value from mid-December. Bitcoin briefly dipped below $6,000 for the first time since mid-November on Monday, according to data from CoinDesk. Ripple is basically a system of the real-time gross settlements (RTGS), in other words, it's a currency exchange and money transfer system, which has lost 18 percent of its value on Monday.

Markets Nissan Creates The Ultimate Snow-Focused Armada
Author: 0 Nissan Creates The Ultimate Snow-Focused Armada

The aptly named show vehicle replaces its fickle summer tires for snow-ready skis up front and tracks out back. Neither of Nissan's concept pair has any chance of being rolled (or skied) into showrooms, but with a big enough budget you too could have a 370Z snowmobile with the help of aftermarket suppliers - provided you have a strong resistance to the cold.

Markets German parties resume talks on coalition as deadline missed
Author: 0 German parties resume talks on coalition as deadline missed

Chancellor Angela Merkel warned on Saturday that Germany's top parties still had "very serious differences" to overcome ahead of next week's deadline for sealing a coalition deal. EU Budget Commissioner Guenther Oettinger told the Rheinische Post the parties should finalise a coalition deal as soon as possible for the sake of pending EU decisions on asylum, banking and budget matters.

Markets Ryanair CEO warns of strikes, says some pilot demands 'laughable'
Author: 0 Ryanair CEO warns of strikes, says some pilot demands 'laughable'

Ryanair also said that it expects fares to fall 3% this year. Staff costs will increase by €45m this year as the Irish company lifts pay for its flight crews, and there may be further disruption to operations as the pilot dispute plays itself out, Ryanair said in a statement on Monday.

Markets Services sector sees fastest growth in 3 months in January: PMI
Author: 0 Services sector sees fastest growth in 3 months in January: PMI

The Nikkei Services Business Activity Index registered its fastest rise in three months in January to stand at 51.7, led by expansion in the Information & Communication sub-sector. There was also a modest improvement in the operating conditions across the entire private sector as a whole. The services sector is more labor-intensive than manufacturing, and policymakers are counting on it to create jobs.

Markets South Africa's top ruling party officials to meet with President Jacob Zuma
Author: 0 South Africa's top ruling party officials to meet with President Jacob Zuma

Zuma faces a no-confidence vote on February 22 after a request from the opposition Economic Freedom Fighters but Mashatile said he opposed that method of removing the president. The embattled Zuma told supporters at his 75th birthday bash in Soweto, Johannesburg previous year that he would resign should the ANC ask him to do so.