Finance

China's Great Wall interested in acquiring Fiat Chrysler

China's Great Wall interested in acquiring Fiat Chrysler The U.S. -Italian alliance might not be doing great, but it's not desperately seeking a bailout either as some of its brands - mostly Jeep and Alfa Romeo - are actually on the rise. The fund owned 894,935 shares of the company's stock after buying an additional 96,247 shares during the period. Building a full-fledged luxury marque would take years with no promise of success. [Full Article...]

Domino's Pizza Group PLC. (DOM) Receives Buy Rating from Peel Hunt

Domino's Pizza Group PLC. (DOM) Receives Buy Rating from Peel Hunt Its up 13.69% from 1.53M shares previously. With 589,400 avg volume, 5 days are for Bmc Stock Holdings Incorporated (NASDAQ:BMCH)'s short sellers to cover BMCH's short positions. Halfords Group PLC had 145 analyst reports since August 4, 2015 according to SRatingsIntel. On Thursday, May 11 the stock rating was maintained by Shore Capital with "Hold". [Full Article...]

AIADMK workers in dark on party moves

AIADMK workers in dark on party moves Palaniswamy took the oath as Chief Minister of the state and O Panneerselvam left the party as a loyal admirer to Jayalalithaa after he has been asked to step down from the role of Chief Minister by Sasikala . The OPS faction, despite welcoming the probe into Jayalalithaa's death, also contemplated on seeking the expulsion of jailed Sasikala from the party as the final pre-requisite before join... [Full Article...]

Total buys Maersk's oil business in $7.45bn deal

Total buys Maersk's oil business in $7.45bn deal Browse Splash 24/7 for more maritime and shipping news. Under the terms of the transaction, Maersk will receive £3.8 billion worth of Total shares and Total will assume £1.9bn of Maersk Oil's debt. Pouyanne highlighted that the acquisition significantly accelerates the group's strategy to become a 3mln barrel per day producer by 2019. For A.P. [Full Article...]

Rathbones in 'exclusive' merger talks with Smith & Williamson

Rathbones in 'exclusive' merger talks with Smith & Williamson Both companies said they are confident the combination would bring meaningful benefits to the stakeholders in both businesses, however there is now no certainty that a deal will be struck. The alliance will attribute a valuation of close to £600m to S&W, a market source said this weekend, and will involve issuing Rathbones shares to its target's investors. [Full Article...]

Rosneft expected to complete $13billion Indian refinery deal

Rosneft expected to complete $13billion Indian refinery deal Preliminary agreement for the acquisition deal was signed almost two years ago. Shares of Essar Group lenders including Axis Bank , ICICI Bank , PNB and State Bank of India of India ( SBI ) were trading higher after Essar Oil said Essar Energy & Oil Bidco concluded sale of company to Rosneft Consortium. [Full Article...]

A weather warning has just come into effect across the country

A weather warning has just come into effect across the country Laois is braced for the arrival of heavy rain and wind with the onset of Hurricane Gert over the weekend. Tomorrow will see the return of heavy and possibly thundery rain across the country. Sunday is expected to be mostly overcast with overnight rain to continue into the morning. Fog will form over the hills where the cloud thickens and it will turn more humid. [Full Article...]

Higher iron ore prices saw Fortescue's profit jump 113%, lifting dividends too

Higher iron ore prices saw Fortescue's profit jump 113%, lifting dividends too Fortescue this morning announced a more than doubling of full-year profit to $US2.1 billion and declared a final dividend of 25¢-a-share fully franked, bringing its full-year payout to 45¢-a-share fully franked. The Bloomberg Commodity Index, a gauge of returns on 22 raw materials, has also rallied, advancing about 5 per cent since touching a low June 22. The potential for higher returns over the ... [Full Article...]

Deportivo 0-3 Real Madrid: Bale Nets as Champions Make Confident Start

Deportivo 0-3 Real Madrid: Bale Nets as Champions Make Confident Start Ramos, 31, joins former Barcelona and Sevilla defender Pablo Alfaro and Real Zaragoza legend Xavi Aguado on 18 league red cards. Madrid have now won 13 of their last 14 league games against Depor as they bid to win back-to-back LaLiga titles for the first time since 2008. [Full Article...]

Buffett's Berkshire Hathaway facing challenge from Sempra Energy for Oncor

Buffett's Berkshire Hathaway facing challenge from Sempra Energy for Oncor Berkshire had offered $9 billion, while Elliott had been working on a bid that may total $9.3 billion. The $9 billion bid by Warren Buffett's Berkshire Hathaway ( BRK.A ) ( BRK.B ) for Energy Future Holding's Oncor may not get approved, as scheduled. [Full Article...]

Sensex regains strength, recuperates 93 points in early trade

Sensex regains strength, recuperates 93 points in early trade The wider 51-scrip Nifty of the National Stock Exchange (NSE) was also trading 34.65 points or 0.35 per cent higher at 9,872 points. Scrips of global software major Infosys on Friday plummeted nearly 10 per cent, losing around Rs 29,000 crore in terms of market capital, post the resignation of Vishal Sikka as its Chief Executive Officer (CEO) and Managing Director (MD). [Full Article...]

South Korea Says US in Close Communications Over North

Pyongyang has threatened to fire missiles towards the Pacific island of Guam and U.S. President Donald Trump has warned it would face " fire and fury " if it threatened the United States. The annual drills antagonize Pyongyang, which sees them as practice for an invasion. "This is a very important time for security in the region and of course we are mostly focused on the threat coming out o... [Full Article...]

Merck, Under Armour, Intel CEOs resign from Trump panel

Merck, Under Armour, Intel CEOs resign from Trump panel One person was killed in the protests after a auto slammed into a crowd and multiple people were injured in that incident and in running clashes between white supremacists and those opposing them. Individually, at least one CEO, John Maraganore of Alnylam Pharmaceuticals, tweeted his support, saying he was "proud to stand with leaders like Ken Frazier". [Full Article...]

Elon Musk leads call to ban killer robots

Elon Musk leads call to ban killer robots Famous inventor sent the organization an official letter . Scientists have noted that time humanity has very little "after the opening of Pandora's box to close it will be hard". "I strongly support the call by many humanitarian and other organisations for an United Nations ban on such weapons, similar to bans on chemical and other weapons", he said. [Full Article...]

Moon says North Korea crisis must end peacefully

Tensions on the Korean peninsula eased slightly yesterday as South Korea's president said resolving Pyongyang's nuclear ambitions must be done peacefully, and key United States officials played down the risk of an imminent war with North Korea . [Full Article...]

Intel and Under Armour CEOs resign from Trump's Manufacturing Council

Intel and Under Armour CEOs resign from Trump's Manufacturing Council Now, others are pushing for more executives to refuse to serve President Donald Trump after what many believe to be an inadequate response to a rally of white supremacists in Charlottesville, Virginia, that left one dead and dozens injured. [Full Article...]

Trump lashes out at black CEO who quit council

Trump lashes out at black CEO who quit council The manufacturing jobs council had 28 members initially, but it has shrunk since it was formed earlier this year as executives retire, are replaced, or, as with Frazier, Musk, Plank, Paul and Krzanich, resign. Critics said Trump waited too long to address the violence, and slammed him for stating when he did that "many sides" were involved, rather than explicitly condemning white-supremacist march... [Full Article...]

Gary Lineker reacts to Marcos Alonso's goal in Tottenham v Chelsea

Gary Lineker reacts to Marcos Alonso's goal in Tottenham v Chelsea That would be Leicester City, who can proudly say they've been there (relegation), done that (top four) and got the T-shirt that reads: 2015/16 Premier League champions. "But the team playing the way we play we dominated the game and created the better chances but we were a little unlucky". As a outcome, he has been ordered by Chelsea to return to London , get himself match fit and make himse... [Full Article...]

Drone spotted at Delhi airport, flight operations halted

Drone spotted at Delhi airport, flight operations halted The operations were suspended at 1930 hours and were resumed at 2000 hours", said an airport source. In this regard all 03 runways Operation was closed as precautionary measure. One GoAir and one IndiGo flights were diverted to Jaipur in Rajasthan. "On Sunday at about 7:09 pm a flight (I5-799) pilot reported that he had seen a drone like object near IGI Airport". [Full Article...]

Merck CEO resigns from Trump's manufacturing council

Merck CEO resigns from Trump's manufacturing council Over the weekend, one woman was killed and many others were injured after a man in a auto rammed a group of counter-demonstrators during a daylong melee in Charlottesville, Virginia. So who has left the council and what were their reasons for doing so? The statement went on to say, "We joined this council with the intent to be a voice for working people and real hope that it would result in po... [Full Article...]


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