Business


Asahi buys Fuller's beer business for $327 million:The Asahi Shimbun Asahi buys Fuller's beer business for $327 million:The Asahi Shimbun
- January 28, 2019

Asahi is the owner of the Peroni and Grolsch brands. Through the agreement, Asahi will enter the UK's cask beer and cider categories with ownership of brands such as Fuller's, Dark Star - bought out by Fuller's previous year - and Cornish Orchards cider. (more...)
Sabarimala issue shows Left government trying to disrespect Kerala culture: PM Modi Sabarimala issue shows Left government trying to disrespect Kerala culture: PM Modi
- January 27, 2019

Prime Minister Narendra Modi Sunday lashed out at the CPI (M)-led government in Kerala and said the Sabarimala issue had shown to the people of the country how the communist government was trying to disrespect the culture of the state. The Congress here made ISRO scientist S. Nambi Narayanan, a spy and used the case to settle political scores amongst themselves, while we honoured him with a Padma award. (more...)
Google asks US Supreme Court to reverse Oracle's Android copyright ruling Google asks US Supreme Court to reverse Oracle's Android copyright ruling
- January 27, 2019

The case dates back to 2010 when Oracle acquired Sun Microsystems, the developer of Java . If you have never programmed an Android app then all you need to know is that Java is the language you use and while there are lots of libraries that are Android-specific all of the general facilities are provided by Java libraries. (more...)
Hawaiian Airlines attendant who died during flight ID'd as longtime employee Hawaiian Airlines attendant who died during flight ID'd as longtime employee
- January 27, 2019

But almost three hours into the trip, the plane was diverted to San Francisco International Airport (SFO), where it landed shortly after 11 p.m. local time, the airline said. Passengers were asked to book their own flights to NY, which the airline is expected to reimburse. Passenger Andrea Bartz tweeted from the plane that the crew asked if there were any doctors on board the aircraft, then revealed that so many people volunteered to help they had to send some back. (more...)
American Airlines Group Inc., (NASDAQ: AAL) American Airlines Group Inc., (NASDAQ: AAL)
- January 27, 2019

Currently, the 14-day ADX for Southwest Airlines Company ( LUV ) is 21.69. The relative strength index (RSI) readings highlights overbought above 70 and oversold below 30. The Magic Formula was introduced in a book written by Joel Greenblatt, entitled, "The Little Book that Beats the Market". Analysts and investors will be closely studying the next round of company earnings reports. (more...)
Aurora Cannabis Inc. (ACB) Stock Regains Foucus on Active Volume Aurora Cannabis Inc. (ACB) Stock Regains Foucus on Active Volume
- January 27, 2019

Average True Range (ATR) is an indicator based on trading ranges smoothed by an N-period exponential moving average percentage of the true range values. Investors may use various technical indicators to help spot trends and buy/sell signals. Investors might be looking into the magic eight ball trying to project where the stock market will be heading over the next few months. (more...)
Venezuela chaos: Oil prices inch up with rising turmoil Venezuela chaos: Oil prices inch up with rising turmoil
- January 27, 2019

West Texas Intermediate crude for March delivery climbed 56 cents to $53.69 a barrel at the close of trading on the New York Mercantile Exchange. Potential sanctions on Venezuela are a wildcard because no one is sure if or when they will take place. (more...)
Jaguar Land Rover lights up the road ahead for self-driving cars Jaguar Land Rover lights up the road ahead for self-driving cars
- January 27, 2019

Jaguar Land Rover has given plenty of thought to the safety of future vehicles in recent months. To make the intention of driverless models more obvious, a variety of projections showing a series of lines and bars with adjustable spacing to dictate to other road users where the vehicle is planning to go next. (more...)
$298M Powerball jackpot a surprise win for Brooklyn, NY, truck driver $298M Powerball jackpot a surprise win for Brooklyn, NY, truck driver
- January 27, 2019

Johnson received his winnings on Friday at Resorts World Casino in Queens. Johnson, a truck driver, came to the USA from Jamaica when he was 16, according to the statement. Johnson says that he purchased the ticket the day after Christmas when he forced himself to go to work driving for Iberia Foods even though he was sick. (more...)
Euro headed for second weekly loss after ECB's warning Euro headed for second weekly loss after ECB's warning
- January 27, 2019

Inflation, the ECB's primary mandate, is seen dipping to 1.5 percent, below a previous projection of 1.7 percent and well short of the bank's objective of nearly 2 percent. "Markets are already looking further" than this summer for the next rate hike, Bank of America Merrill Lynch economist Gilles Moec noted. Draghi stressed that the ECB still had tools left to support the euro area, even after the bank ended a major bond-buying stimulus scheme last month. (more...)
Ripple Sold Masses of XRP in 2018 Ripple Sold Masses of XRP in 2018
- January 27, 2019

The report notes that it sought input from Ripple and RippleWorks before the report's publication but hadn't heard from the company, which Messari contended results in questions about how the restrictions work in practice. However, Messari argues that some 19.2 billion of those "may be illiquid or subject to significant selling restrictions". Data from CoinMarketCap and Ripple Labs (the American fintech firm that manages the development of XRP ) shows that XRP's total ... (more...)
Weak Intel outlook stokes fears of a chip slowdown Weak Intel outlook stokes fears of a chip slowdown
- January 27, 2019

The change in the stock's fortunes has led to several institutional investors altering their holdings of the stock. SSgA Funds Management Inc meanwhile bought more C shares in the recently filed quarter, changing its stake to $5,853,131,153 worth of shares. (more...)
Budweiser’s New Super Bowl Commercial Features Clydesdale Horses and April the Dalmatian Budweiser’s New Super Bowl Commercial Features Clydesdale Horses and April the Dalmatian
- January 27, 2019

The commercial is meant to call attention to the fact that 100 percent of the electricity used to brew Budweiser comes from renewable energy. USA Today reports that the company has a wind farm on a ranch in Oklahoma. In 2017, Anheuser-Busch InBev - the people who make some of your favorite beers, such as Budweiser, Stella Artois, Corona, Shock Top, and more - announced that they planned to run on entirely renewable energy by 2025. (more...)
Krispy Kreme saves Valentine’s Day with ‘candy conversation hearts’ doughnuts Krispy Kreme saves Valentine’s Day with ‘candy conversation hearts’ doughnuts
- January 27, 2019

This might be the best thing that has ever happened to Valentine's Day - Krispy Kreme will offer up " Conversation Doughnuts " to help spread the love this February. Given an expected nationwide shortage of Sweethearts , the popular candy conversation hearts, in stores this year, Winston-Salem-based Krispy Kreme said in a news release Thursday that it "is showing America just how insane 4 U" it is by introducing the doughnuts. (more...)
Whole Foods Recalls Products With Baby Spinach Due To Salmonella Risk Whole Foods Recalls Products With Baby Spinach Due To Salmonella Risk
- January 27, 2019

The recalled product was distributed in Florida and NY. Whole Foods Market in Union Square in New York City is pictured on June 15, 2018. At least eight states - Connecticut, Florida, Maine, Massachusetts, New Hampshire, New Jersey, New York and Rhode Island - are affected by the recall, which includes salads, sandwiches, pizza and wraps, among other food items. (more...)
Venezuelan military official breaks with Nicolas Maduro, backs opposition Venezuelan military official breaks with Nicolas Maduro, backs opposition
- January 27, 2019

But as the sun set on Venezuela's capital, the Foreign Ministry issued a statement saying Maduro's government was suspending the expulsion to provide a 30-day window for negotiating with the Trump administration on setting up a "U.S. Russian Federation has denounced the United States for interference and attempted to block the Security Council meeting, but it was voted down with nine of the 15 members agreeing to go forward. (more...)
Varadkar Told to 'Dial Down the Rhetoric' over Irish Border Comments
- January 27, 2019

Speaking to McEntee ahead of the January 29 Brexit deadline, Humphrys suggested that all would be green again if Ireland "throw their lot in with the UK" and left the European Union. A government spokesman said Mr Varadkar did not mean Irish troops would be deployed at the border. "That's just not a serious position". "The trap of the backstop is the problem", he added . (more...)
Hundreds reported missing in Brazil after dam collapse Hundreds reported missing in Brazil after dam collapse
- January 27, 2019

Bolsonaro was set to visit Minas Gerais and fly over the disaster area on Saturday morning, after dispatching three ministers there on Friday. Part of the Vila Ferteco community was also hit. "I regret what happened in Brumadinho-MG", Bolsonaro said. "Time is passing", she said. "Time is passing. It's been 24 hours already". "Excuse me, but for all the bad guys on duty, you just have keep quiet and look how much good comes of this approach". (more...)
Production Honda Urban EV to debut at Geneva Production Honda Urban EV to debut at Geneva
- January 27, 2019

A sketch of the vehicle shows a machine heavily inspired by the well-received Urban EV Concept of 2017 - with similar compact dimensions, and a distinctive front fascia. A representative from Honda later said in a statement and said that objective and functionality are their main focus in developing Honda Urban EV , Honda's new electric vehicle. (more...)
10 on board Canada flight hospitalised | newkerala.com #93507 10 on board Canada flight hospitalised | newkerala.com #93507
- January 27, 2019

The rest were scheduled to board another Air Transat flight in the late afternoon. Airport spokeswoman Laurianne Lapierre said 12 passengers were affected. A spokesperson for the Quebec City's CHUQ hospital said the patients were not seriously injured. The aircraft was carrying 185 passengers. Lapierre said another plane is scheduled to take the passengers to Fort Lauderdale around 5 p.m. (more...)
London's top whisky events for Burns Night London's top whisky events for Burns Night
- January 27, 2019

Scottish Gourmet USA replaces the lungs with grated poached beef liver, which has a similar constituency. For starters, Cock a Leekie soup-a traditional dish mainly consisting of leeks and peppered chicken-is usually served although Cullen Skink, a chowder-like dish made from haddock, leeks, potatoes and onions, is also popular. (more...)
BA-owner IAG says it won't make a bid for Norwegian BA-owner IAG says it won't make a bid for Norwegian
- January 27, 2019

Norwegian has shaken up long-haul rivals by offering cut-price transatlantic fares. The move comes after the FTSE 100-listed firm previous year made at least two unsuccessful takeover approaches to Norwegian, having revealed that it had snapped up an initial 4.61% shareholding in the airline in April. (more...)
Apollo seals $4 billion deal for ketchup-to-lotions packager RPC Apollo seals $4 billion deal for ketchup-to-lotions packager RPC
- January 27, 2019

RPC, the latest British company to fall prey to a foreign buyer, yesterday agreed a 782p-per-share bid with Apollo, and encouraged shareholders to sell. Yet RPC was hampered by concern among some investors about over-borrowing, according to RPC Chairman Jamie Pike. On Wednesday, Pike said: "In July I stated that differing investor views on the appropriate level of gearing was constraining the group's ability to pursue opportunities for growth and, as such, putting pressure on RPC's valuation. (more...)
Ford is working on a compact pickup, company executive confirms Ford is working on a compact pickup, company executive confirms
- January 26, 2019

About 40 salaried workers, 75 hourly workers and 90 contractors across Ford bases in Broadmeadows, Lara and Geelong will be affected, the company confirmed on Thursday. While its local auto manufacturing operations ended in October 2016, Ford Motor Company will still invest more than $500 million in Australian R&D this year, although this figure is down from the $574 million that was spent in 2018. (more...)
Global slowdown worries keep oil prices under pressure Global slowdown worries keep oil prices under pressure
- January 26, 2019

Prices of heavier USA grades like Mars Sour, an offshore medium US crude, and Heavy Louisiana Sweet crude have risen as buyers scramble for supply. "A dramatic escalation in tensions has raised fears that the USA could impose sanctions on Venezuelan oil, threatening to complicate OPEC's job of balancing global oil supplies", Lawler said . (more...)

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