Markets

Markets Tata Motors Reports its Worst Quarterly Loss Since 2009
Author: 0 Tata Motors Reports its Worst Quarterly Loss Since 2009

Despite the challenges, the company remains committed to delivering the planned margins it outlined earlier this year, Chandrasekaran added. According to the company, the profitability was hit due to lower operating leverage, higher discounts in the US, UK and China, foreign currency fluctuations, and higher depreciation and amortisation costs.

Markets McDonald's worker body-slams customer
Author: 0 McDonald's worker body-slams customer

The client replied, "I Understand why your ass is behind that cash" and threw her first French fries, and then a milkshake. Fontelar, of Las Vegas , has bragged on Instagram that she was the customer in the video and has posted screen grabs and links to DailyMail.com's original story.

Markets Uber pulling the plug on its self-driving truck operation
Author: 0 Uber pulling the plug on its self-driving truck operation

Employees in the San Francisco-based self-driving truck division will be relocated to other internal units, including the Pittsburgh-based self-driving auto programme. Uber Advanced Technologies Group intends on retaining its relationships with key truck manufacturers despite the shift in approach. While it's abandoning the self-driving truck project, Uber will try to build its Uber Freight business - also called " Uber for Trucking" - which looks to disrupt the freight industry by ...

Markets Huawei growth static despite smartphone success
Author: 0 Huawei growth static despite smartphone success

According to Counterpoint Research's Market Monitor service, global smartphone shipments declined 2% to 360 million units annually in Q2 2018, continuing the trend from a decline of 3% in Q1 2018. It also reported that the top three smartphone brands in India - Apple , Samsung and OnePlus - now hold around 88% of the total premium smartphone market, which is comparatively lower than the first quarter when it stood at 95%.

Markets Apple boosted by iPhone X sales, Wall Street sees industrial rebound
Author: 0 Apple boosted by iPhone X sales, Wall Street sees industrial rebound

The company's net income for the quarter was $11.52 billion compared to $8.72 billion a year ago. With a market capitalization of more than $900 billion, Apple is tickling at the title of world's first trillion-dollar company. Apple was largely spared in last week's tech sector sell-off when shares of Facebook Inc, Twitter Inc and Netflix fell sharply on concerns about their future growth.

Author: 0 Discount ticket service MoviePass raises prices by 50 pct

It's a sad day for MoviePass users as it looks like the ticketing service is letting down its fans. 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.

Markets MoviePass stops selling tickets to major releases
Author: 0 MoviePass stops selling tickets to major releases

The announcements come almost a year after MoviePass debuted the $10 all-you-can-watch plan, which at the time let customers see one movie a day as long as it was a 2D screening. MoviePass said actions that have been implemented are now cutting their monthly cash burn rate by 60 percent. Moviegoers were disappointed this weekend when they tried to use their MoviePass subscription to buy tickets to the latest Mission Impossible installment.

Markets How to Get a Free Big Mac at McDonald’s
Author: 0 How to Get a Free Big Mac at McDonald’s

And that seems to be the case with the McDonald's Big Mac. Suggesting the global appeal of the iconic burger, there are seven languages featured across the various designs: Arabic, English, Indonesian, Mandarin, Portuguese, French and Spanish.

Markets Gary Lineker says a second Brexit referendum is 'more important than football'
Author: 0 Gary Lineker says a second Brexit referendum is 'more important than football'

Meanwhile, a petition launched Wednesday by The Independent online newspaper calling for a new referendum is approaching 300,000 signatures - challenging May's declaration that there will be no second vote. The same poll shows, however, that voting intentions in any potential second referendum are very similar to 2016, with 45 per cent backing remain, 42 per cent leave, nine per cent saying they don't know and four per cent abstaining.

Markets How Harley-Davidson plans to revamp itself amid flagging sales
Author: 0 How Harley-Davidson plans to revamp itself amid flagging sales

Pegged as one of the key emerging markets, Harley-Davidson has announced that in 2020, a year later after LiveWire opens the Harley-Davidson electric motorcycle range, they are going to bring out new motorcycles on a completely new platform with capacities ranging from 500 to 1250cc.

Markets Shareholders Approve Disney/Fox Merger For $71.3 Billion
Author: 0 Shareholders Approve Disney/Fox Merger For $71.3 Billion

At the Disney meeting, one shareholder complained the price was too high, but within 11 minutes the vote was tallied in favor of the merger. The deal does not include Fox News, the Fox broadcast network, television stations, Fox Sports 1 and Fox Sports 2.

Markets Tesla teases a $1500 surfboard, only 200 will be made
Author: 0 Tesla teases a $1500 surfboard, only 200 will be made

The $1,500 Tesla-branded surfboards sold out within hours of appearing on the company's online shop on Friday, as only 200 of the limited-edition surfboards were made available for purchase. Even those who were lucky enough to buy one will have to wait up to 10 weeks before their board gets delivered. To that end, Tesla on Saturday unveiled its most eco-friendly and affordable ride yet: a $1,500 surfboard.

Markets Odor diverts Spirit Airlines flight to South Carolina
Author: 0 Odor diverts Spirit Airlines flight to South Carolina

The smell was severe enough that Myrtle Beach Fire Rescue's Hazmat Team responded to inspect the plane. Some passengers compared the odor to that of dirty socks, Sewdass said it smells more chemical, like exhaust from a diesel truck. "We apologize for the inconvenience this diversion has caused", airline rep Derek Dombrowski told NBC affiliate News2 . Spirit said a replacement aircraft with the passengers left Myrtle Beach around 3.30am a.m.

Markets Stock shock unlikely to ruffle Zuckerberg's leadership in Facebook
Author: 0 Stock shock unlikely to ruffle Zuckerberg's leadership in Facebook

The announcement tied in with growing concerns over its business model following controversy over their privacy policy and involvement in global news dissemination. Out of 47 analysts covering Facebook, 43 still mark Facebook's stock as "buy", while two say "hold" and two others say "sell". Their median target price is $219.30.

Markets World's oldest person dies in Japan
Author: 0 World's oldest person dies in Japan

Miyako, born on May 2, 1901, died on Sunday shortly after presenting evidence to be certified as the oldest living person on the planet, said the book Guinness World Records . Japanese women have the world's highest life expectancy of 87, while the men's life expectancy is in the world's top 10, according to the World Health Organization.

Markets China withdraws approval for Facebook hub
Author: 0 China withdraws approval for Facebook hub

The New York Times said that the removal of the documents reflected a disagreement between local officials in Hangzhou, Zhejiang province and the Cyberspace Administration of China , with the CAC, apparently, wanting better notification before the USA tech giant set up camp behind the so-called great Firewall.

Markets Negotiators push for a NAFTA deal by August
Author: 0 Negotiators push for a NAFTA deal by August

US-Mexican relations have been severely soured since Trump won the 2016 presidential election after a campaign laced with anti-Mexican insults, attacks on NAFTA and vows to make Mexico pay for a wall on their border. "This is more pointing to the likelihood that the Americans would not move on the 232 auto tariffs before the election", Ciuriak said. "I don't believe that they've compromised in the same way the United States has or Mexico has".

Markets EU Zero-Tariff Deal Lacks Details: Could it Be Easily Undone?
Author: 0 EU Zero-Tariff Deal Lacks Details: Could it Be Easily Undone?

Juncker, whose five-year mandate as head of the EU's executive arm ends in 2019, is known to use humour and frankness to achieve compromise in the 28-nation European Union. Trump was facing calls from nervous members of his own party to back down on the tariffs, particularly after the administration announced Tuesday that it will grant up to $12 billion in aid to farmers hurt by retaliatory tariffs.

Markets National Lipstick Day = free MAC lipstick
Author: 0 National Lipstick Day = free MAC lipstick

Shoppers can choose from nine different shades, including Tanarama, Aloof, Delish, Chintz, Florabundi, Moxie, Dare You, Epic and Mixed Media, with no purchase required. Jarrin says the stores are limited on supplies so she recommends getting there early. So whatever you're doing this Sunday, make sure you're near a MAC store.

Markets Facebook weighs on Nasdaq, but trade optimism boosts Dow
Author: 0 Facebook weighs on Nasdaq, but trade optimism boosts Dow

The Dow Jones Industrial average pushed higher in the afternoon trading session, as optimism about trade discussions between the USA and the European Union encouraged the Big Board to take a positive direction. The benchmark S&P 500 jumped more than half a per cent in the last half-hour of trading on news of the concessions and closed at its highest level since Jan 29.

Markets Europe trade rift remains in flux
Author: 0 Europe trade rift remains in flux

But the agreement was vague, the coming negotiations with Europe are sure to be contentious and the administration remains gripped in major disputes with China and other trading partners. A lot more is at stake in this game than a trophy and bragging rights. He let Trump know his stance on the tariffs war rather bluntly. "Normally trade discussions take months or a year".

Markets Trump Breaks Tradition on GDP Figures
Author: 0 Trump Breaks Tradition on GDP Figures

Now the president and his economic team say we're seeing the fruit of those cuts in taxes and regulations. Booming consumer spending, export growth, investment and government spending all pushed United States economic growth to a four-year high.

Markets Facebook stock plunge: Brief setback or portent of trouble?
Author: 0 Facebook stock plunge: Brief setback or portent of trouble?

Facebook has drawn investors because of its fast growth of users and profits. Facebook's share price dropped by 7% after the earnings release and then proceeded to deep-dive during and after its earnings call. First, Facebook is battling currency headwinds. But companies still must have higher-quality content than on Facebook to get noticed, Costello said.