Finance

Finance Kambala row: Karnataka passes bill to legalise traditional buffalo race
Author: 0 Kambala row: Karnataka passes bill to legalise traditional buffalo race

The Karnataka High Court in an interim order, in November 2016, had stayed holding of Kambala on a petition by PETA. She added that people were "calling for the legalisation of bull and buffalo races during which animals are often hit with nail-studded sticks; cockfights where roosters often have knives tied to their feet; and bulbul bird fights for which the birds are trapped and fed intoxicants".

Finance Heineken Announces Plans To Purchase Brasil Kirin Holding
Author: 0 Heineken Announces Plans To Purchase Brasil Kirin Holding

Heineken is buying Brasil Kirin from Japan's Kirin Holdings Co. The Dutch brewer plans to use the Brazilian distribution network to expand sales of Kaiser, Bavaria, Schin, Amstel and Devassa as "value brands". To advance restructuring, Kirin logged around 110 billion yen in extraordinary losses for the Brazilian business in 2015. Kirin said the unit made an operating loss of 284 million reais in 2016.

Finance Ford to invest in artificial intelligence startup
Author: 0 Ford to invest in artificial intelligence startup

The investment makes Ford the firm's majority stakeholder. Salesky's statement illustrates how AI tech is likely to permeate a wide variety of business sectors as well as become an integral part of most people's day-to-day lives. Ford will continue to lead on development of its purpose-built autonomous vehicle hardware platform, as well as on systems integration, manufacturing, exterior and interior design, and regulatory policy management.

Finance Japan Q4 GDP Expands 0.2%, Missing Forecast
Author: 0 Japan Q4 GDP Expands 0.2%, Missing Forecast

The world's third-largest economy grew 0.2 percent in the last quarter, from the previous quarter, according to preliminary data, the slowest pace for the year. Japan's economy has now expanded for a fourth consecutive quarter for the first time in more than three years. He said that the nation's job market is improving, adding that the gradual recovery in the global economy late past year contributed to the increase in exports seen during the quarter.

Finance Justice Karnan fails to appear in SC
Author: 0 Justice Karnan fails to appear in SC

The proceedings were deferred by the court in the case by three weeks after neither Karnan nor his lawyer appeared before it. Last week, the controversial judge hit back, alleging caste bias on the part of the judges of the Supreme Court, as well as the Madras High Court.

Finance Consumer price inflation hits a 5-year low of 3.17% in January
Author: 0 Consumer price inflation hits a 5-year low of 3.17% in January

Clothing and footwear inflation in January stood at 4.17 per cent, lower than 4.88 per cent a month ago. Because of the warm weather, vegetable prices remained largely stable last month. "Higher global commodity prices will get ingrained in these components while food items will be unaffected". Earlier this month, RBI had surprised markets by holding rates, citing emerging inflationary pressures.

Author: 0 Oil rises on signs of widespread OPEC deal compliance

The International Energy Agency last week estimated compliance at 90 per cent, calling that a record. "This first cut is certainly one of the deepest in the history of OPEC output cut initiatives", the IEA said. Bjarne Schieldrop, chief commodities analyst at SEB, said he expected 198 new USA oil rigs to come into action in 2017, with 51 added already this year.

Finance Banks make concessions in Apple Pay fight
Author: 0 Banks make concessions in Apple Pay fight

The Commonwealth Bank of Australia, National Australia Bank, Westpac, and Bendigo and Adelaide Bank in mid-2016 lodged an application with the ACCC to engage in collective negotiations with, and potentially boycott, Apple. If NFC access on the iPhone is granted, the banks said, then competition between mobile wallet apps will be increased, in both card payment product features and promotions, and in non-payment features and consumer offerings.

Author: 0 Bus Crash in Taiwan Leaves 32 People Killed, 16 Injured

No immediate explanation of the cause of the accident was given. Taiwan News cited a preliminary investigation by highway police as saying that the group was on its way back to Taipei follow a trip to the Wuling Farm to view the cherry blossom.

Author: 0 JC Penney Company Inc (NYSE:JCP) Jumps 1.96% Monday's Pre-Market

The Low Price target projection by analysts is $7 and the Mean Price Target is $10.1. RAD right now sits at consensus rating of 2.60 while 2 analysts have advocated the shares as "BUY", 0 calls it an "OUTPERFORM" and 5 suggest "HOLD". In other J.C. Penney Company, Inc. J. C. Penney Company, Inc.is a holding company. Holding Company stock in a transaction that occurred on Friday, November 18th.

Author: 0 Co-Op Bank Up For Sale As It Resolves Dispute With Capita

The Co-op Bank nearly collapsed in 2013 after the discovery of a £1.5billion black hole in its finances and it was forced into a painful debt for equity swap. A spokesman added: "We will continue to assess the bank's progress in building greater financial resilience over the coming months". Commenting on today's news, Liam Coleman, chief executive officer, says: "Since 2013, we have successfully addressed significant legacy issues, reduced the cost base and rebuilt our franchise and customer ...

Author: 0 Restaurant Brands International profit beats as costs fall

The firm has a 50-day moving average price of $49.09 and a 200 day moving average price of $46.82. "I think investors will be sort of surprised and dismayed by the shift around", Dennis Mitchell, senior vice president and senior portfolio manager of Sprott Asset Management, told BNN Monday when discussing Restaurant Brand International's same-store sales.

Author: 0 Teva Pharmaceutical Industries Limited

The firm has a market cap of $34.54 billion, a price-to-earnings ratio of 19.794 and a beta of 0.58. Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA ) shares were trading -44.55% below from the 52-week high price mark of $58.05 and +0.91% above from the 52-week price bottom of $31.90.

Finance Promoter busted for running 'Hamilton' Ponzi scheme
Author: 0 Promoter busted for running 'Hamilton' Ponzi scheme

Steven Simmons, Matthew Harriton, and Joseph Meli, a concert promoter, were charged in U.S. District Court in Manhattan with securities fraud for enticing victims to invest money to buy nonexistent blocks of Hamilton tickets, which they were told would then be resold at a large profit.

Author: 0 Medical Properties Trust Inc. (NYSE:MPW)

Senior Housing Properties Trust (NYSE:SNH) has received a consensus recommendation of "Hold" from the seven ratings firms that are now covering the firm. PNC Financial Services Group Inc. now owns 28,884 shares of the real estate investment trust's stock worth $441,000 after buying an additional 3,310 shares in the last quarter.

Finance STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) Reviewed By Analysts
Author: 0 STARWOOD PROPERTY TRUST, INC. (NYSE:STWD) Reviewed By Analysts

Gramercy Property Trust, formerly Chambers Street Properties, is a real estate investment trust, which operates as an investor and asset manager of commercial real estate. (NYSE:STWD), 5 rate it a "Buy", 0 "Sell", while 4 "Hold". The firm has a market capitalization of $5.19 billion, a price-to-earnings ratio of 14.82 and a beta of 0.66.

Author: 0 Trump says Sprint will bring back 5000 USA jobs

But in October, well before Trump and Son met, SoftBank and the Saudi Arabian government announced plans for a $100 billion fund to invest in technology companies around the world. A Sprint spokeswoman did not immediately respond to a request for comment. The Wednesday announcement follows one Mr. Trump made when the air conditioning manufacturer Carrier announced in late November that it had reached a deal to keep approximately 1,100 jobs in the U.S.

Finance ₹148.45 Dangal 4th Day Box Office Collection Worldwide Earning Report
Author: 0 ₹148.45 Dangal 4th Day Box Office Collection Worldwide Earning Report

Friday - Rs 29.78 crore (including Rs 59 lakh from Tamil and Telugu). " Dangal ", a rustic woman-empowerment wrestling drama directed by Nitesh Tiwari , released in India on December 23, in the Christmas holiday frame. Aamir Khan's Dangal is a biopic of wrestler Mahavir Singh Phogat , who hoped to win gold for India. The movie has managed to attract more audiences from the big cities rather than small.