Money


Saudi Aramco reveals profits; is world's most profitable firm in 2018 Saudi Aramco reveals profits; is world's most profitable firm in 2018
- Апреля 05, 2019

Moody's said the oil giant's revenue hit USD355.9 billion previous year and that it produced 10.3 million barrels per day of crude oil in 2018. Aramco IPO may be delayed but it is offering up bonds and received its first-ever ratings from Fitch and Moody's. (more...)
'Productive' talks between Theresa May's team and Labour Party will continue tomorrow 'Productive' talks between Theresa May's team and Labour Party will continue tomorrow
- Апреля 05, 2019

It was unclear whether the cross-party talks in London would produce a breakthrough. "There is very little time left and we have to prepare ourselves for all outcomes", Mr Varadkar said early on Friday [AEDT] at a press conference with Dr Merkel. (more...)
Ex-Nissan chief Ghosn rearrested in Tokyo Ex-Nissan chief Ghosn rearrested in Tokyo
- Апреля 05, 2019

Former Nissan Motor company boss Carlos Ghosn has been arrested for a fourth time. Prosecutors said he had been detained over transfers of Nissan funds totalling $15 million between late 2015 and the middle of 2018. Renault's new chairman, Jean-Dominique Senard, now leads a board that manages the three-way alliance, as the group has blamed the previous management structure for allowing Ghosn too much power. (more...)
Jeff Bezos Finalizes Divorce With Wife MacKenzie, Who Gets Stake In Amazon Jeff Bezos Finalizes Divorce With Wife MacKenzie, Who Gets Stake In Amazon
- Апреля 04, 2019

Jeff Bezos and his wife MacKenzie have settled their divorce - and the richest man in the world got off lightly. MacKenzie tweeted: "Grateful to have finished the process of dissolving my marriage with Jeff with support from each other and with help from everyone who reached out to us in kindness, and looking forward to next phase as co-parents and friends". (more...)
Unwrap these 'National Burrito Day' deals in Tampa Bay Unwrap these 'National Burrito Day' deals in Tampa Bay
- Апреля 04, 2019

All you have to do is order through the Moe's app on your phone. And so it's available on National Burrito Day today, Thursday, April 4. Flash this special coupon in store to receive a free burrito with the purchase of any regularly priced burrito of equal or greater value, April 4 only. (more...)
Bitcoin Price Jumps to 4-Month High Above $4,900 Bitcoin Price Jumps to 4-Month High Above $4,900
- Апреля 04, 2019

Bitcoin climbed suddenly on Tuesday to the highest level since November, leading a surge in virtual currencies and ending three months of calm in the $160 billion market. Outsized price moves of the kind rarely seen in traditional markets are common in cryptocurrency markets, where liquidity is thin and prices highly opaque. (more...)
RBI cuts key rate by 25 bps to boost economic activitiy
- Апреля 04, 2019

Mumbai: The Reserve Bank of India is set to deliver its first back-to-back interest rate cut since the Monetary Policy Committee was formed in late 2016 as the central bank grapples with a slowdown both at home and overseas. One basis point is a hundredth of a percentage point. In the last one in February, the committee had cut repo rate by 25 basis points from 6.50 per cent to 6.25 per cent. (more...)
Nissan CEO 'mulled new partner' for Renault and Mitsubishi alliance, email reveals Nissan CEO 'mulled new partner' for Renault and Mitsubishi alliance, email reveals
- Апреля 04, 2019

Hironaka reiterated Ghosn's innocence and accused Nissan of working "as one" with prosecutors. Ghosn faces criminal charges in Japan over failing to report around US$82 million in salary from Nissan, and for temporarily transferring personal financial losses onto Nissan's books during the global financial crisis. (more...)
Ferrero to buy Kellogg's cookie and fruit snacks businesses Ferrero to buy Kellogg's cookie and fruit snacks businesses
- Апреля 03, 2019

The deal extend's Ferrero's reach into new segments like sweet biscuits and fruit snacks, said Jared Koerten, head of packaged food at Euromonitor. Kellogg is getting out of the cookie business to focus on snacks and cereal. Kellogg acquired Keebler Foods, which was founded in 1853, in 2001 for $3.86 billion. (more...)
Gridlock at south USA border as agents move Gridlock at south USA border as agents move
- Апреля 03, 2019

He also said he has "made (the) intention known" that if Mexico does not continue to apprehend more migrants attempting to cross into the USA and if Congress does not reach a consensus on immigration , he's "ready to close" the southern border of the US. (more...)
Manufacturing rebound, trade hopes lift stocks Manufacturing rebound, trade hopes lift stocks
- Апреля 03, 2019

Including the PMI, the majority of the report's key metrics saw gains in February. Factory activity in China grew for the first time in four months in March, according to data released by the National Bureau of Statistics (NBS), said Reuters . (more...)
OPEC March oil output sinks on Saudi cuts, Venezuela blackouts OPEC March oil output sinks on Saudi cuts, Venezuela blackouts
- Апреля 03, 2019

But further supply losses from Iran and Venezuela could widen an OPEC-led production cut. The measure, aimed at preventing a price-sapping rise in inventories, came into force in January. The U.S. has also instructed oil trading houses and refiners to further cut dealings with Venezuela or face sanctions themselves, even if the trades are not prohibited by published U.S. (more...)
May grapples with Brexit deadlock as European Union warns of no May grapples with Brexit deadlock as European Union warns of no
- Апреля 03, 2019

With just 12 days until the United Kingdom must come up with a new plan or crash out of the bloc in chaos, the House of Commons threw out four alternatives to Prime Minister Theresa May's thrice-rejected Brexit deal - though in some cases by a whisker. (more...)
Texas AG to Investigate Barring of Chick-fil-A Texas AG to Investigate Barring of Chick-fil-A
- Апреля 02, 2019

In an update on Twitter Friday afternoon, Ryan wrote that the vendor working on the project had advised him that they won't be opening a Chick-fil-A restaurant at the airport. "The City's Attorney's Office is reviewing the letter". He said he also asked the U.S. Department of Transportation to look at the federal regulations. (more...)
New Brexit delay will be needed to 'break logjam', Theresa May says New Brexit delay will be needed to 'break logjam', Theresa May says
- Апреля 02, 2019

Last month, the Prime Minister said: "Unless this House agrees to it, no deal will not happen". The Prime Minister's Withdrawal Agreement has already been resoundingly rejected by MPs three times. However the trade deals secured by Liam Fox over the past two years would suggest otherwise. Number 10 made clear on Tuesday that exit without agreement in 10 days time remains the legal default unless MPs approve a deal. (more...)
Whole Foods, Amazon announce price cut, expanded deals for Prime members Whole Foods, Amazon announce price cut, expanded deals for Prime members
- Апреля 02, 2019

The bulk of the cuts come in the fresh produce department. This is the third round of price cuts by the organic grocer since Amazon acquired it for $13.7 billion in 2017 - leading to questions about whether the latest series of cuts will last. (more...)
Brexit briefing: Brexit alternatives rejected in Commons Brexit briefing: Brexit alternatives rejected in Commons
- Апреля 02, 2019

Barnier said that, even if there were no deal, Brussels would insist that the United Kingdom honor its obligations on citizens' rights, a financial settlement, and the Irish border. But the odds of success look long. Lawmakers have voted on ballot papers that will need to be counted by hand. Nick Boles, a Conservative MP who had proposed the Common Market 2 .0 plan, announced he was leaving the party after the vote. (more...)
Uber Mistake Murder: USC Student Died from 'Sharp Force Injuries' After Kidnapping Uber Mistake Murder: USC Student Died from 'Sharp Force Injuries' After Kidnapping
- Апреля 02, 2019

After being separated from her roommates during a night out in Columbia, South Carolina, Samantha Josephson did the responsible thing and called a vehicle. Investigators also found a container of liquid bleach, germicidal wipes and window cleaner in the vehicle, Holbrook said. "You definitely get in a vehicle sometimes and have that icky feeling, like maybe this isn't the right place for me to be right now", Joanna Lee said. (more...)
Turkey's AK Party to challenge Istanbul voting results - Hurriyet paper Turkey's AK Party to challenge Istanbul voting results - Hurriyet paper
- Апреля 02, 2019

In Istanbul , BBC Turkey correspondent Mark Lowen says, the result is too close to call - but some reports are putting the governing AK Party ahead. Turkey's local elections dealt him and the AKP a series of shocking defeats across the country, including the loss of the capital Ankara and, so it appears, that of Istanbul , the nation's largest city. (more...)
Lyft plunges below its IPO price (LYFT) Lyft plunges below its IPO price (LYFT)
- Апреля 02, 2019

The successful listing led to an increase in the value of Rakuten's stake in Lyft, and the valuation gain will be booked in the fiscal fourth quarter to March. Lyft is also contending with a growing mass of disgruntled drivers , who are advocating for higher pay. Analysts are releasing their ratings of Lyft's shares, amplifying doubts about the money-losing San Francisco company that's facing challenges galore. (more...)