Finance

Mushy's promising 72* goes in vain as India win by 17 runs

Mushy's promising 72* goes in vain as India win by 17 runs Bangladesh will once again depend on Tamim Iqbal, Liton Das and Mushfiqur Rahim who guided their side to a big win against Sri Lanka. Anything but a loss today will send them through to the final . India brought in pacer Mohammad Siraj instead of Jaydev Unadkat . He finished with a spell of 4-27 from four overs in that match. Here are the likely teams for the India vs. [Full Article...]

United Kingdom government considers phasing out 1p and 2p coins and £50 notes

United Kingdom government considers phasing out 1p and 2p coins and £50 notes Having excess numbers of both types of cash "does not contribute to an efficient or cost effective cash cycle", the paper adds, also pointing to the need to keep "confidence in the currency". The main problem is that copper coins nearly never get used more than a handful of times, with 60 per cent only getting used once before they end up being stored in the family change tin or the bin. [Full Article...]

Former Equifax executive has been charged with insider trading

Former Equifax executive has been charged with insider trading According to the SEC, Jun Ying, who was chief information officer of one of the company's US businesses at the time "allegedly used confidential information entrusted to him by the company to conclude that Equifax had suffered a serious breach " in late August. [Full Article...]

United Airlines Allegedly Involved In Another Dog Mishap

United Airlines Allegedly Involved In Another Dog Mishap After the recent tragedy involving a passenger's dog that died after it was put inside an overhead bin on United Airlines Flight 1284 from Houston to New York, United Airlines is in the spotlight for another mistake involving a dog. "At this point, all I can do is be hopeful that my dog is going to be okay and return safely", she said. "I would love to know what they are thinking", she said of... [Full Article...]

Disney Reorganizes To Create Direct To Consumer Segment

Disney Reorganizes To Create Direct To Consumer Segment Those services, created to make Disney competitive with the likes of Netflix and Amazon, include ESPN Plus, which will roll out this spring. Rounding out Disney's streaming portfolio will be Hulu , an established service that focuses on older viewers with programming that includes ABC shows. [Full Article...]

House Of Representatives Easily Passes Bill To Address School Violence

House Of Representatives Easily Passes Bill To Address School Violence The bill would provide new grants to train law enforcement and school personnel on the warning signs for school violence and how to intervene to prevent that violence. And while it received overwhelming bipartisan support―only 10 members opposed it―Democrats have sharply criticized GOP lawmakers for not doing more to curtail access to guns. [Full Article...]

Prudential To Split In New World Order For Insurers

Prudential To Split In New World Order For Insurers The annuity sale is the largest of its kind in the United Kingdom and covers 400,000 policyholders. M&G Prudential also will be headquartered in the United Kingdom and take a "premium" listing on the London Stock Exchange . It will be subject to the usual shareholder and regulatory approval. "Captive asset managers embedded within life offices are rarely fully-reflected in the parent's valuat... [Full Article...]

Oil rises on strong China data, but rising U.S. output caps gains

Oil rises on strong China data, but rising U.S. output caps gains The move could have implications for United States sanctions on Iran, which could impact the latter's oil industry and exports, Facts Global Energy and Royal Bank of Canada warned. Net U.S. crude imports fell last week by 407,000 barrels per day. He will likely push for the U.S. to exit the nuclear deal with the Persian Gulf nation in May, and could advocate for tougher sanctions on Venezuela , w... [Full Article...]

Walmart to Expand Online Grocery Delivery to 100 Metros

Walmart to Expand Online Grocery Delivery to 100 Metros That service uses personal shoppers to select items and then take them to shoppers' cars parked at the curb. Amazon is now rolling out free two-hour delivery of Whole Foods groceries in six cities to Prime members who pay $99 a year. Carol Spieckerman, a retail consultant and president of Spieckerman Retail, said the grocery delivery expansion should give Walmart an opportunity to "forge relat... [Full Article...]

Google to Ban Ads for Cryptocurrency & Initial Coin Offering from June

Google to Ban Ads for Cryptocurrency & Initial Coin Offering from June Google is also banning adverts for binary options, the most controversial and high-risk product in this corner of the market. For example with page-level enforcement - Page level enforcement allows them to take action on even more violations at the source of the violation and minimise the revenue impact on legitimate publishers - as they take action on the page as opposed to the whole site. [Full Article...]

Gold Prices Push Into Positive Territory After In-Line Rise In US CPI

Gold Prices Push Into Positive Territory After In-Line Rise In US CPI Prime Minister Narendra Modi, who faces a general election next year, is trying to push up economic growth while keeping inflation under control. Separate data showed industrial production rose 7.5% in January, handily beating estimates of a 6.4% rise and a growth of 7.1% in December. [Full Article...]

Toys R Us is going out of business, closing all stores

Toys R Us is going out of business, closing all stores The company filed for bankruptcy protection less than six ago. The kids may not wanna grow up, but they'll still have to do it - and without Toys "R" Us. Both Hasbro and Mattel saw a decline in sales past year, and now the toy companies are losing one of their biggest retailers. Toys R Us has been struggling for months to stay in business and now multiple reports suggest the toy retailer... [Full Article...]

PNB effect: RBI ends LoUs, LoCs with immediate effect

PNB effect: RBI ends LoUs, LoCs with immediate effect Experts said the RBI's move to bar LoUs could affect genuine importers. The latest circular comes in the backdrop of the multi-billion dollar scam unearthed at one of the branches of PNB where banks official fraudulently issued LoUs on behalf of some companies belonging to Mr Modi group for availing buyers credit from overseas branches of Indian banks through Society for Worldwide Interbank Fi... [Full Article...]

United Airlines Apologize For A Dog's Death

United Airlines Apologize For A Dog's Death A fellow passenger on the flight, June Lara , posted to Facebook: " There was no sound as we landed and opened his kennel ". "I held her baby as the mother attempted to resuscitate their 10 month old puppy". United have offered to pay for a necropsy of the small dog and issue a full refund on flight tickets. " We are thoroughly investigating what occurred to prevent this from ever happening aga... [Full Article...]

Delhi Trade Bandh: Shops shut down to protest sealing

Delhi Trade Bandh: Shops shut down to protest sealing Cong MPs will raise sealing issue in Parliament along with AAP MPs. It is an irony of political situation of Delhi that the current irresponsible Government is praising Congress the party originally responsible for the sealing menace, " Mr Tiwari said. [Full Article...]

As tax filing day approaches, so do scams

As tax filing day approaches, so do scams However, Emancipation Day - a legal holiday in Washington, D.C. - will be observed on Monday, April 16, pushing the deadline to Tuesday, April 17. Under the tax law, D.C. If you get a phone call from someone claiming to be from the IRS, take note: The agency will never initiate a phone call to a taxpayer, unless they're returning your call. [Full Article...]

Amazon recalls six AmazonBasics power banks over fire concerns

Amazon recalls six AmazonBasics power banks over fire concerns These recalled units were sold from December 2014 through July 2017 through Amazon's website, Pop-Up stores, and Bookstores. However, that brand has been tarnished a little today on news that some AmazonBasics power banks are a fire hazard, and Amazon sold these faulty accessories for almost three years. [Full Article...]

Large-Cap Stocks Mostly Lower on Monday, Tech Stocks Gain

Large-Cap Stocks Mostly Lower on Monday, Tech Stocks Gain The S&P 500 closed at 2,783.02 for a loss of -3.55 points or -0.13%. The S&P/TSX composite index closed up 26.98 points to 15,604.79 on a day that saw gold and base metals move higher while energy stocks weighed on the market. The Dow rose more than 100 points earlier in the session as shares of Apple and Goldman Sachs reached all-time highs. The news came shortly after the Labor Department sa... [Full Article...]

Volkswagen Group Announces Aggressive Plans For Electric Vehicles

Volkswagen Group Announces Aggressive Plans For Electric Vehicles The production plan is an update on the original plan called " Roadmap E " announced previous year. "This is how we intend to offer the largest fleet of electric vehicles in the world, across all brands and regions, in just a few years", Müller said at Volkswagen's annual media conference in Berlin, according to a company statement. [Full Article...]

Millennial railcard chaos as site crashes and only 10000 available

Millennial railcard chaos as site crashes and only 10000 available A spokesman for railcard.co.uk said: "We've had an unprecedented number of people visiting..." The cards costs £30 each year and will allow users to save a third off most fares, although the cost of some peak time travel will not be reduced and no discount will be given on season tickets. [Full Article...]


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