Economy

Economy Retailer Claire´s files for bankruptcy in the US
Author: 0 Retailer Claire´s files for bankruptcy in the US

A business plan which accompanied the restructuring announcement made clear that Claire's plans to reduce the number of stores it has in Europe as a whole by 154 to 915 by 2022 including 74 closures in 2018. Private-equity firm Apollo Global Management holds a 97 percent stake in Claire's and pushed the initial buyout plan. The announcement comes days after Toys "R" Us said it plans to liquidate its USA operations and other businesses.

Economy French shopping centre giant makes takeover approach for Hammerson
Author: 0 French shopping centre giant makes takeover approach for Hammerson

Chairman David Tyler said: "The proposal from Klepierre is wholly inadequate and entirely opportunistic". It was unanimously rejected on the basis that it "significantly undervalues Hammerson, its track record of delivery, the quality of its portfolio, its market positions, and the opportunities it has for future value creation".

Economy Rathbones and L&G fund managers hit by Micro Focus crash
Author: 0 Rathbones and L&G fund managers hit by Micro Focus crash

Shares of the software company, which bought Hewlett Packard Enterprise assets, have plunged more than 50% Monday after the company reduced its forecast for revenue and announced its CEO had resigned. understands the company is considering recent pay awards with a firm decision yet to be made. With management characterising the issues as largely "transitional" from the HPE combination, analyst David Toms said: "whilst we concur with the logic, we note that guidance effectively calls the ...

Economy What you need to know about Facebook's data debacle
Author: 0 What you need to know about Facebook's data debacle

The social media giant's shares were down 5.36 per cent at $175.17 at the time of writing, slashing almost $4bn (£2.8bn) off of founder Mark Zuckerberg's fortune. "We do not work with Facebook data, and we do not have Facebook data". In another blow to Facebook, research company eMarketer said there are signs the company is losing its share in the U.S.

Economy Russian MP wants Sobchak out of presidential race for Crimea promises
Author: 0 Russian MP wants Sobchak out of presidential race for Crimea promises

Petro Poroshenko , the President of Ukraine urged the world community to extend the sanctions against Russian Federation due to the presidential election held by it in Crimea as the press service of Poroshenko reported . "(Russians) casting votes in Russian diplomatic and consular offices in the territories of Ukraine would be possible only if Russia fulfilled the aforementioned requirement of the Ukrainian side", Avakov said.

Economy Alibaba investing an additional $2bn in Lazada
Author: 0 Alibaba investing an additional $2bn in Lazada

Meanwhile, Lazada founder Max Bittner, who has been its CEO since 2012, will assume the role of senior advisor to Alibaba Group and assist in the transition and future global growth strategies. Peng knows this too well, saying in a statement that due to the "young population, high mobile penetration and just 3 percent of the region's retail sales now conducted online", Alibaba is extremely confident in its decision to double down on the region.

Economy Over 300 Students Walk Out at Grants Pass High School
Author: 0 Over 300 Students Walk Out at Grants Pass High School

I believe Post stated that at least some of their student body were planning to have a 17-minute walk out, on the 14th of every month, to bring attention to their representatives about their desire for increased gun laws at the state and federal level.

Economy Sweden hosts North Korean foreign minister amid speculation
Author: 0 Sweden hosts North Korean foreign minister amid speculation

The comment by Abe, who has also been calling for strong worldwide pressure to make North Korea give up its nuclear and missile development, apparently reflects Tokyo's wariness that it might be left behind as the United States and South Korea are shifting toward direct talks with the North's leader Kim Jong Un .

Economy United Airlines flight diverted after dog 'mistakenly' placed on plane
Author: 0 United Airlines flight diverted after dog 'mistakenly' placed on plane

The latest embarrassment for United Airlines comes only days after a French bulldog died on a flight from Houston to NY after a United flight attendant told its owners to put the dog in an overhead bin. It was a 12-hour flight. On Tuesday, a 10-year-old German shepherd named Irgo was flown to Japan when he was supposed to end up in Kansas. She said her son was crying when they realized the dog was not with them.

Economy U.S. students stage walkouts in the thousands to protest gun violence
Author: 0 U.S. students stage walkouts in the thousands to protest gun violence

In your comments be considerate and encouraging, and remember that they are learning. Despite size of the crowd, for seventeen minutes no one made a sound, maintaining complete silence. We are committed to seeing this through until gun violence is no longer a threat. In Atlanta, students kneeled, while those in NY chanted at Columbus Circle, Lincoln Center, and Trump Towers.

Economy Google is banning all cryptocurrency-related ads
Author: 0 Google is banning all cryptocurrency-related ads

Google has announced that advertisements for cryptocurrencies will be banned from its platform starting in June. In a move which is sure to provoke controversy, web giant Google has announced that advertising of cryptocurrencies will be banned on its platforms from June 2018.

Author: 0 Another dog sent to wrong destination by United Airlines

United said it was taking responsibility for the incident on the Monday night flight, saying pets should never be put in the overhead storage compartment. Kokito, pictured in an undated handout photo, died on a United Airlines flight on March 12, 2018, after being placed in an overhead bin. Their dog had become the unwitting victim of a mix-up with the other dog, which was scheduled to fly to Japan.

Author: 0 Cubist Systematic Strategies LLC Trims Stake in Cisco Systems, Inc. (NASDAQ:CSCO)

The average 1-year price target among analysts that have issued a report on the stock in the last year is $44.39. About 18.49M shares traded. It has underperformed by 16.70% the S&P500. Massachusetts-based Fmr Limited Company has invested 0.37% in Cisco Systems, Inc . Since September 18, 2017, it had 0 insider purchases, and 5 selling transactions for $11.45 million activity.

Economy US Probes Airbag Failures in Hyundai, Kia Car Crashes
Author: 0 US Probes Airbag Failures in Hyundai, Kia Car Crashes

The Office of Defects Investigation (ODI) is now aware of six crashes with significant collision related damage events involving Hyundai and Kia models where air bags failed to deploy in frontal crashes. The agency is also investigating whether vehicles made by other carmakers used similar air bag control units and if they may be at risk. The agency also said that electrical overstress appeared to be the root cause of a 2016 recall by Fiat Chrysler Automobiles of 1.4 million US vehicles for ...

Economy Does Trump trust his diplomats who will confront North Korea?
Author: 0 Does Trump trust his diplomats who will confront North Korea?

Pompeo will not be able to establish contact with his soon-to-be South Korean counterpart Kang and his North Korean counterpart until the Senate approves his nomination - a process that could take several weeks. "The pause in escalation that we see right now is temporary", he said, noting that Pyongyang will eventually "need to prove its capabilities in the nuclear sphere".

Author: 0 Analytical Overview of Enbridge Inc. (NYSE:ENB)

Advent Capital Management who had been investing in Intel Corp for a number of months, seems to be less bullish one the $238.12 billion market cap company. State Teachers Retirement holds 0.04% or 314,394 shares in its portfolio. Winfield Associates holds 60 shares. Global Endowment Mngmt Lp invested in 69,277 shares or 0.15% of the stock.

Author: 0 Truewealth LLC Takes Position in Vanguard Mid-Cap Value ETF (VOE)

MA bought a new stake in Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at $204,000. Diversified Portfolios Inc. now owns 249,842 shares of the company's stock valued at $20,944,000 after buying an additional 19,120 shares during the period.

Author: 0 IShares MSCI Germany (EWG) Declines 0.06% for Mar 17

Bank of New York Mellon Corp now owns 3,023,014 shares of the company's stock worth $99,307,000 after purchasing an additional 240,957 shares in the last quarter. increased its holdings in Ishares MSCI India ETF by 607.9% during the 3rd quarter. Ishares MSCI India ETF ( BATS INDA ) traded down $0.42 during mid-day trading on Friday, reaching $33.92.

Author: 0 Market Watch: UO Line Over 60 for Qts Realty Trust Inc (QTS)

As per Friday, February 17, the company rating was initiated by Keefe Bruyette & Woods. Stifel Nicolaus maintained the stock with "Buy" rating in Wednesday, July 5 report. 14,678 are held by Ing Groep Nv. (NYSE:CDR). 521,474 were accumulated by Sessa Capital Im Limited Partnership. Verition Fund Mgmt Ltd Llc invested 0.06% in Empire State Realty Trust, Inc.

Economy Rossi extends contract with Yamaha
Author: 0 Rossi extends contract with Yamaha

Right before the season opener at Losail, Qatar, Valentino Rossi has extended his contract with Yamaha . "At that time, I decided that I'd take that decision during the following two years. "Having the opportunity to work with my team, with Silvano, Matteo and all my mechanics, and working with all Japanese engineers, Tsuji-san, and above all Tsuya-san, is a pleasure - I'm happy".

Economy Beast from the East: More snow and cold weather to hit
Author: 0 Beast from the East: More snow and cold weather to hit

Following several days of generally mild weather, the winds are expected to swing around to the east on Saturday, bringing a sudden drop in temperatures. Although the current band of low pressure will grip the United Kingdom for the majority of the week, it will face a battle from the high pressure that is building over Northern Europe.

Economy Sweden pledges to support historic US-North Korea dialogue
Author: 0 Sweden pledges to support historic US-North Korea dialogue

Her U.S. trip comes as the U.S. has agreed to hold an unprecedented summit with North Korea by May to discuss denuclearization. The historically neutral European country, whose embassy represents US interests in the North Korean capital, has often played the role of intermediary in discussions between Washington and Pyongyang.

Economy Upstate New York Forcing Out Cryptocurrency Miners
Author: 0 Upstate New York Forcing Out Cryptocurrency Miners

Whether that is so it is much lower than the 10 cents on average the rest of the country pays. The ban might not seem as extreme as it sounds, as the decision was actually voted in place by the city council, and the proposal followed different complaints from residents, thanks to the huge increase in their electricity bills.

Economy United Kingdom points finger at Putin over nerve-agent attack
Author: 0 United Kingdom points finger at Putin over nerve-agent attack

Russian Federation insists it had no motive to target Skripal with what Britain says was a highly potent Soviet-designed nerve agent called Novichok, in the first such attack in Europe since the second world war. They remain in critical condition in hospital. Top EU diplomats were expected to discuss next steps at a meeting Monday, with some calling for a boycott of the upcoming World Cup in Russian Federation.

Economy Little Caesars is set to give free pizza next month
Author: 0 Little Caesars is set to give free pizza next month

Dish pizza slices and a 20-ounce Pepsi product. The details of the deal are below. "Our Lunch Combo is free on April 2, the final day of the men's college basketball tournament, subject to terms and conditions listed below, and is available every day, with no calling, waiting or online ordering necessary".

Author: 0 Gocompare.Com Group PLC (GOCO) Insider Purchases £150.29 in Stock

The rating was maintained by Shore Capital on Wednesday, January 18 with "Hold". The firm has "Buy" rating by Deutsche Bank given on Tuesday, September 15. It operates through three divisions: U.S. It now has negative earnings. The Company's deposit products include business and small business checking, personal checking products, savings accounts, negotiable order of withdrawal accounts and IOLA, escrow service accounts, rent security accounts, time deposits, holiday club accounts, and ...

Economy United Airlines under scrutiny following dog's death and second dog mix-up
Author: 0 United Airlines under scrutiny following dog's death and second dog mix-up

A United flight from Newark, New Jersey, to St. Louis was diverted Thursday after the airline learned it had an unauthorized passenger onboard: a dog. The airline on Tuesday similarly placed a 10-year-old German shepherd named Irgo on a plane to Japan instead of the one traveling to his intended destination in Kansas City, Mo.

Economy Putin 'overwhelmingly likely' ordered ex-spy poison attack, United Kingdom diplomat says
Author: 0 Putin 'overwhelmingly likely' ordered ex-spy poison attack, United Kingdom diplomat says

Former spy Sergei Skripal and his daughter, Yulia, were found unconscious on a park bench in the English town of Salisbury and rushed to the hospital, where they remain in serious condition. He was first installed as Kremlin chief by Boris Yeltsin on the last day of 1999. Putin, in power since 2000, casts himself as a strong leader who stands up to Russia's enemies in the West.

Economy February core retail sales fell 0.1%
Author: 0 February core retail sales fell 0.1%

Gas sales were down 1.2 percent for the month, but up 7.9 percent for the year, since gas prices are generally higher now than a year ago. On the brighter side, building-material stores reported a 1.9% sales gain in February, following a 1.7% decline.

Economy Flyers hit as 14 IndiGo flights get cancelled
Author: 0 Flyers hit as 14 IndiGo flights get cancelled

Four days after the Director General of Civil Aviation (DGCA) grounded 11 aircraft belonging to IndiGo and Go Air for being fitted with faulty post-450 series Neo P&W 1100 engines, the Bombay high court on Friday said the aviation regulator should also examine the safety and airworthiness of the pre-450 series Neo P&W 1100 engines.

Economy Neglect of OBCs-Dalits in party behind UP bypoll debacle: BJP leader
Author: 0 Neglect of OBCs-Dalits in party behind UP bypoll debacle: BJP leader

But the last-minute alliance stitched up by Mayawati, Akhilesh Yadav and Ram Gopal Yadav wrested Gorakhpur with a margin of over 21,000 votes and Phulpur (59,000 plus) for the SP. It is learnt that talks to form such an alliance broke down because the Congress insisted that the Samajwadi Party forfeit its claim to one of the seats.