Business


UK house prices pick up a bit of speed in July -…
- August 03, 2018

The direction of inflation and wage growth will be key to how the property market accommodates rates rises, however small, during the course of the next year. With first-time buyers unable to - or choosing not to - get a foot on the property ladder and second-steppers unable - or choosing to wait - to move onto their next property, affordability and the range of properties available are the more pressing issues, for both homeowners and renters alike". (more...)
Turkey vows to retaliate over USA sanctions Turkey vows to retaliate over USA sanctions
- August 03, 2018

Ahead of the meeting, Pompeo said Brunson's case would be high on his list of items to discuss with his Turkish counterpart. "We've seen no evidence that Pastor Brunson has done anything wrong and we believe he is a victim of unfair and unjust attention by the government of Turkey". (more...)
Millions of Australians now eligible for domestic violence leave Millions of Australians now eligible for domestic violence leave
- August 03, 2018

On 25 July 2018, New Zealand finalised legislation that will give workers who are victims of domestic violence the right to paid leave and other employment law protections. "Especially, since statistics show many men suffer but are afraid or embarrassed to come forward". This new leave entitlement can be accessed by nearly all Award-covered employees - including casuals - whenever they need time to deal with the impact of family or domestic violence. (more...)
Fed leaves key rate unchanged with United States economy growing at 'strong rate'
- August 03, 2018

On Wednesday, the Fed kept its benchmark target range at 1.75%-2% in its latest policy statement , in-line with expectations from investors ahead of the announcement. The comments threw a political cloud over the central bank's decisions, Bloomberg reported. And, he said, "Given the Fed's evaluation of current and future growth, rate hikes are likely in September, December and possibly as many as four more next year, unless the economy decelerates sharply". (more...)
Google to launch heavily censored version in China Google to launch heavily censored version in China
- August 03, 2018

The human rights group said it would be a "dark day for internet freedom" and would constitute "a gross attack on freedom of information and internet freedom" if the tech giant accepted China's censorship terms. In the company's absence, Baidu Inc. has strengthened its grip on search in China while Microsoft Corp.'s Bing operates in the country by censoring subjects and words. (more...)
Perdue: Yes, Ag is on the Table in EU Talks Perdue: Yes, Ag is on the Table in EU Talks
- August 03, 2018

From the National Association of Farm Broadcasting News Service . Currently American soybean prices have rebounded to $8.59 a bushel, against the backdrop of European Union and the United States foreign trade negotiations, as well as the U.S. (more...)
Trump administration ups ante in trade fight with China
- August 03, 2018

Chamber of Commerce. President Trump has threatened to escalate his trade war with China once again, asking the Commerce Department to consider a new 25% tariff on $200 billion in annual imports from China. "Well, let's put it into arithmetic perspective". "But we don't think such an approach will work", he said. The U.S. Trade Representative's office has scheduled a media call at 3:30 p.m. (more...)
Apple is now worth $1,000,000,000,000 Apple is now worth $1,000,000,000,000
- August 03, 2018

Share prices of Apple reached $207.05 on Thursday to push its evaluation past the trillion dollar mark. Apple said it expects revenue of $60 billion to $62 billion for the fiscal fourth quarter that ends in September 30. One of his biggest coups came in 1998 when he lured a soft-spoken Southerner, Tim Cook - the current Apple chief executive - away from Compaq Computer at a time when Apple's survival remained in doubt. (more...)
Flights disrupted at Stansted Airport due to bad weather Flights disrupted at Stansted Airport due to bad weather
- August 02, 2018

From the end of September, the airline is also dropping its route to Alicante from London Stansted and from October is reducing capacity to Malaga. Thunderstorms and air traffic controller problems are being blamed for cancellations and delays affecting a number of Ryanair flights at Stansted Airport today. (more...)
NBA Announces MGM Resorts As Official Gaming Partner NBA Announces MGM Resorts As Official Gaming Partner
- August 02, 2018

The NBA is diving head first into the world of sports betting. "As the landscape for sports betting in the USA continues to evolve at a rapid pace, MGM Resorts is a proven gaming leader for us to work with on this groundbreaking partnership", said Silver. (more...)
MoviePass Hikes Prices, Limits Access to Blockbusters MoviePass Hikes Prices, Limits Access to Blockbusters
- August 02, 2018

MoviePass , the discount service for movie tickets, is raising prices by 50 percent and barring viewings of most major releases during the first two weeks. There is widespread concern among subscribers and analysts that MoviePass , a company whose whole thing is spending money without pulling any in, may soon fold. (more...)
Most Recent Analysts Ratings Chipotle Mexican Grill, Inc. (CMG) Most Recent Analysts Ratings Chipotle Mexican Grill, Inc. (CMG)
- August 02, 2018

Historical volatility refers to the price fluctuations exhibited by the underlying asset (such as stock) over time. The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. On the other side the debt to equity ratio is 0. FRAC can be able to settle its long-term debts and thus is a lower financial risk than CMG . Now has a PEG ratio of 2.84 where as its P/E ratio is 31.78. (more...)
Ontario launching constitutional challenge of federal carbon tax plan
- August 02, 2018

The federal government is planning to scale back the scope of its proposed carbon tax in the wake of concerns around Canada's competitiveness. The government had initially planned to tax companies for emissions over 70 per cent of an industrial sector's average pollution intensity, but is easing the limit in most sectors to allow for emissions up to 80 per cent of the industrial average. (more...)
City watchdog to take no action against RBS over GRG scandal City watchdog to take no action against RBS over GRG scandal
- August 02, 2018

But FCA chief Andrew Bailey, pictured , said its powers were "very limited" because the business of GRG was largely unregulated. The MPs defied the FCA by publishing the regulator's confidential report in February, which exposed the poor treatment of small firms by GRG. (more...)
Euro zone GDP growth slows in second quarter Euro zone GDP growth slows in second quarter
- August 02, 2018

The euro zone's second-biggest economy France appeared to have been struggling with its own specific problems in the second quarter, as strikes and higher taxes hit consumer spending, but economists looked to the second half of the year for an upturn. (more...)
What does the rise in interest rates means for YOU? What does the rise in interest rates means for YOU?
- August 02, 2018

It continued to pencil in growth of 1.7 per cent for 2020. The BoE said it expected Britain's economy would grow by 1.4 percent this year, unchanged from its forecast in May, but it nudged up its forecast for growth in 2019 to 1.8 percent from a previous projection of 1.7 percent. (more...)
Apple officially becomes the first $1 trillion company Apple officially becomes the first $1 trillion company
- August 02, 2018

Apple is now up more than 20% this year. Apple crossed the threshold in Thursday trading following a strong third-quarter report that showed earnings beat expectations and also showed increased revenue from the technology giant's services and software businesses. (more...)
USA to apply more pressure on China with new tariff hike
- August 02, 2018

It is hoped that doubling the planned tariff rates will force China back to the table. President Donald Trump won a victory for freer trade last week when he and the president of the European Commission, Jean-Claude Juncker, agreed to find ways to lower tariffs and other barriers to each other's exports. (more...)
Canadian economy rose 0.5 percent Canadian economy rose 0.5 percent
- August 02, 2018

The retail sector expanded by 2.0 percent while construction posted a 0.7-percent gain. "A rebound from weather-affected weakness in April exaggerates some of the underlying strength in May". The central bank raised interest rates for the fourth time in a year in July and has indicated that more hikes are coming as economic growth raises the risk of inflation heating up. (more...)
Brookfield to buy Forest City Realty Trust in $11.4 billion deal Brookfield to buy Forest City Realty Trust in $11.4 billion deal
- August 02, 2018

These trends are grabbed from latest trading activity. (FCE-A) stock price traded with surging change along with the volume 3.1 million shares in Friday trading session. Taking a wider observation, the current separation from the one year high is -12.47%, and the distance from the one year low is presently 19.65%. Forest City also has five large-scale development projects in the NY metro area, San Francisco and Washington, D.C. (more...)
House of Fraser 'holds talks with Mike Ashley over rescue bid' House of Fraser 'holds talks with Mike Ashley over rescue bid'
- August 02, 2018

It added that the departmental store chain saw its sales fall by 6.3 percent to 787.8 million pounds. The department store chain has previously said that it does not have any short-term funding issues, and that the restructuring will help to stabilise the chain. (more...)
US Fed highlights strong economy, leaves rate unchanged
- August 02, 2018

Analysts had all but ruled out a move at this week's meeting. The Fed's decision left the central bank's key short-term rate at 1.75 per cent to 2 per cent - the level hit in June when the Fed boosted the rate for a second time this year. (more...)
Google is developing a censored search engine for China
- August 02, 2018

The Intercept reports that Internet titan Google has plans to launch a censored search engine in China that will blacklist access to certain websites and restrict search terms related to human rights, democracy, religion, and peaceful protest, according to leaked documents. (more...)
Nothing neutral about August policy of Reserve Bank of India
- August 02, 2018

The largest mortgage loan providers such as State Bank of India (SBI), ICICI Bank and Punjab National Bank kept their MCLR rates unchanged. The central bank hiked interest rates by 25 basis points to 6.5 per cent, in the second such hike in three months. (more...)
TSA will install 40 luggage CT scanners in airports this year TSA will install 40 luggage CT scanners in airports this year
- August 02, 2018

In the future, the CT scanner may allow passengers to leave laptops and liquids inside of their carry-on bags, TSA officials say. "TSA is committed in getting the best technology to enhance security and improve the screening experience", said TSA Administrator David Pekoske. (more...)

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