Business

Business Pension reforms too late for middle-aged, says Sir Steve Webb
Author: 0 Pension reforms too late for middle-aged, says Sir Steve Webb

For an entire generation of people, workplace pension saving is the new normal , and my mission now is to make sure the next generation of younger workers have the same opportunity. The total minimum contribution is now set at 2% of earnings (0.8% from the worker, 1% from an employer, and 0.2% as tax relief from the government ) but this is set to rise to 8% of earnings by April 2019.

Business European Union investigates IKEA's Dutch tax deal
Author: 0 European Union investigates IKEA's Dutch tax deal

The move is the latest crackdown by the European Union competition enforcer on tax deals between European Union countries and multinationals. The Ikea inquiry is the latest in series of investigations by European regulators since 2013 into the tax structures of multinational companies operating in Europe and how they are treated by the local tax authorities.

Business Aconex receives $1.19 billion takeover offer from Oracle Corp
Author: 0 Aconex receives $1.19 billion takeover offer from Oracle Corp

The $7.80 cash per share is 47% higher than Friday's closing price of $5.29. The company has experienced massive share price fluctuations since listing in 2014 at A$1.90, and peaking at just above A$8.50 previous year. Post-acquisition, Aconex's platform will be integrated into the Oracle Construction and Engineering Cloud to provide an end-to-end offering for project management and delivery that enables customers to plan, build and operate construction projects.

Business Toyota to Offer Electrified Option For All Models by 2025
Author: 0 Toyota to Offer Electrified Option For All Models by 2025

The company will have more than 10 fully electric models available worldwide by the early 2020s, starting in China , before entering other markets. Crucially, Toyota also said it will no longer develop cars without an electrified option. China, the United States and a growing number of other countries are forcing automakers to make low-emissions cars, spurring competition to develop EVs even as battery-operated cars now comprise just a sliver of the global market.

Author: 0 Alibaba Group (BABA) Rating Increased to Strong-Buy at Vetr

It has outperformed by 8.84% the S&P500. Lei Zhang increased its stake in Alibaba Group Hldg Ltd ( BABA ) by 38449.44% based on its latest 2017Q2 regulatory filing with the SEC. Etrade Mgmt Limited Liability invested in 0.15% or 24,520 shares. The firm owned 751,701 shares of the specialty retailer's stock after selling 111,845 shares during the period.

Author: 0 Noble Midstream Partners LP (NYSE:NBLX) Shares Bought by RR Advisors LLC

Beach Investment Management Llc who had been investing in Magellan Midstream Partners L for a number of months, seems to be bullish on the $15.71 billion market cap company. Atlantic Grp Llc invested 0.1% in 3M Company (NYSE:MMM). Grassi Invest Mngmt accumulated 7,900 shares. Beck Capital Lc invested in 3,863 shares or 0.42% of the stock.

Author: 0 Amazon.Com (AMZN) Shareholder Bridgecreek Investment Management Has Decreased Stake by $396470

Colony Grp Incorporated Ltd Liability Co accumulated 1,577 shares or 0.11% of the stock. Probity Advisors Inc. now owns 320 shares of the e-commerce giant's stock worth $310,000 after purchasing an additional 2 shares in the last quarter. Wealthcare Lc, Virginia-based fund reported 58 shares. During the same quarter in the previous year, the company earned $0.52 EPS. sell-side analysts expect that Amazon.com, Inc.

Author: 0 Chinese smartphone makers to take on Apple

Interestingly, Huawei is not just talking to AT&T , but it also wants its phones on Verizon. Huawei is in talks to sell a flagship line via US carriers, but the Chinese company also plans to sell the Mate 10 device through e-commerce channels, the people said.

Business Newcastle players cancel Christmas due to poor results
Author: 0 Newcastle players cancel Christmas due to poor results

The Magpies were dominated by Arsenal in the first half, as the Gunners had a number of chances to extend their lead further, however, they failed to take any of those chances. They gave everything. We are where we are and have what we have. "They want to give a very clear message that they care and they want to do things right so they have chose to cancel their Christmas party", the former Liverpool boss told reporters.

Author: 0 Express Scripts Hldg Co (ESRX) Holding Raised by Alpine Investment Management Llc

About 9.73M shares traded or 137.99% up from the average. It has underperformed by 33.62% the S&P500. Harbourvest Partners Llc decreased its stake in Wayfair Inc. 9,321 are held by Kistler. Northern Corp holds 24.04M shares. RBC Capital Markets maintained the shares of ECL in report on Tuesday, November 7 with "Buy" rating.

Business MDR puts off users from using debit cards
Author: 0 MDR puts off users from using debit cards

Similarly the MDR is charged on payments made to merchants through BHIM UPI and AePS. The government on Friday waived the merchant discount rate ( MDR ) on all transactions up to Rs 2,000 made with debit cards , BHIM , UPI and Aadhaar-enabled Payment System for a period of two years beginning next month.

Business Mark Hamill: FCC chair is 'unworthy' of using lightsaber
Author: 0 Mark Hamill: FCC chair is 'unworthy' of using lightsaber

Meanwhile, multiple state attorneys general have threatened lawsuits to block the FCC's order. In addition to charging internet users extra fees, broadband providers would be able to use preferential treatment for their own content. Nor will they take money from internet content providers to provide priority access to their sites. The nation's largest broadband providers swear that's not going to happen.

Author: 0 Are Analysts Bearish Time Warner Inc. (NYSE:TWX) After Last Week?

It has outperformed by 19.67% the S&P500. Lumbard & Kellner Llc increased Metlife Inc (MET) stake by 6.17% reported in 2017Q2 SEC filing. The company has market cap of $2.59 billion. The rating was upgraded by Evercore to "Buy" on Monday, November 28. Carl Goldsmith increased its stake in Time Warner Inc (TWX) by 35.52% based on its latest 2017Q2 regulatory filing with the SEC.

Business Statement from Hydro One regarding employee fatalities in eastern Ontario
Author: 0 Statement from Hydro One regarding employee fatalities in eastern Ontario

She said she can see from her home a fragment of the helicopter sitting on trees in the tree line. Ornge Air ambulance have also responded. "Hydro crews have been working on the power lines near our property for the past week and a half, and the helicopter has been working in the area for the past week, so I heard it all week", Clayton said.

Business The Future Of Bitcoin Futures
Author: 0 The Future Of Bitcoin Futures

Anyway, looking at the CBOE front month futures for Bitcoin , it does look like the premiums factored in is reducing. This elevated status will be given a further boost in the coming days as two more players enter the game. Going long required less than a quarter of that figure for margin, at $9,000. " Right now we are taking the same approach we did with the Cboe product, to wait and see how it goes ", Mackenzie said , Bloomberg reported.

Author: 0 As Celgene Corp (CELG) Share Value Declined, Norinchukin Bank The Lifted Holding

Norinchukin Bank The who had been investing in Celgene Corp for a number of months, seems to be bullish on the $86.14 billion market cap company. The stock increased 0.85% or $0.92 during the last trading session, reaching $109.16. (NYSE:GPI) for 59,740 shares. Investors sentiment decreased to 1.17 in Q2 2017. Its down 0.83, from 1.65 in 2017Q1. It worsened, as 60 investors sold CELG shares while 390 reduced holdings.

Business GST Council clears e-way bill mechanism for inter state goods movement
Author: 0 GST Council clears e-way bill mechanism for inter state goods movement

The mechanism will not only help the tax authorities monitor inter-state and intra-state movement of goods but also cut transportation time by reducing loss of time at check posts, said R Muralidharan, senior director, Deloitte India. However, trade and transporters have made representations that the piecemeal roll-out will cause undue hardship in the inter-state movement of goods and therefore, bringing in an all India system of e-way bill has become a necessity.

Author: 0 Ltd. Raises Holdings in Activision Blizzard, Inc. (NASDAQ:ATVI)

Over the course of a year, the highest point for this stock was at $1.78 while the lowest price during that same timeframe was $0.73. Heading into the stock price potential, Activision Blizzard, Inc. Laurion Cap LP holds 0.04% of its portfolio in Activision Blizzard, Inc. (NASDAQ: ATVI ). Pacad Inv Limited invested in 1.01% or 119,447 shares. 172,000 were reported by Arizona State Retirement.

Business Amazon to start selling Apple TV, Google Chromecast (AMZN, AAPL)
Author: 0 Amazon to start selling Apple TV, Google Chromecast (AMZN, AAPL)

The products now show up as "unavailable", but that should change soon. It has been a couple years since Amazon stocked rival streaming devices from Apple and Google but it has apparently lifted the ban on the products as listings for several products are now on the retailer's website.

Author: 0 How Analysts Feel About Independence Realty Trust, Inc. (NYSE:IRT)?

The stock increased 1.04% or $0.09 during the last trading session, reaching $8.71. Bb&T Limited Com reported 0% in Independence Realty Trust, Inc. (NYSE:ABR) has risen 21.94% since December 16, 2016 and is uptrending. William Blair Investment Management LLC increased its holdings in shares of Education Realty Trust by 57.5% in the 2nd quarter. Dimensional Fund Advisors Lp has 1.67 million shares for 0.02% of their portfolio.

Business Hackers halt plant operations in landmark attack
Author: 0 Hackers halt plant operations in landmark attack

These recommendations include segregating safety system networks from process control and information system networks, leveraging hardware features that provide for physical control of the ability to program safety controllers, and using a unidirectional gateway rather than bidirectional network connections for any applications that depend on the data provided by the SIS.

Business Ryanair offers to meet with union ahead of strike action
Author: 0 Ryanair offers to meet with union ahead of strike action

Yesterday we reported that Ryanair has relented and agreed to meet with the pilots and discuss the setting up of a pilots union. Impact had warned Mr O'Leary that the threatened industrial action would either ground flights or generate substantial losses for the company.

Business Chicago's biggest holiday traffic jam? December 21, says AAA
Author: 0 Chicago's biggest holiday traffic jam? December 21, says AAA

The projected travel volume is an increase of 3.1 percent nationally and 3.6 percent in OH, and marks the ninth consecutive year of year-end holiday travel growth. Traveling in the Chicago area next week for the holidays? "We've seen the strong economy and growing consumer confidence fuel holiday travel all year long".

Business Here's what's in final tax bill Republicans plan to send to Trump
Author: 0 Here's what's in final tax bill Republicans plan to send to Trump

But it would scale back the deduction for state and local taxes, allowing families to deduct only up to a total of $10,000 in property and income taxes. On Friday, a spokeswoman for the Florida senator said that he was satisfied with the changes made in conference. Republicans appeared to have secured enough support to pass the plan after one critical holdout, Sen.

Business Janet Yellen raises interest rates in final act as Federal Reserve chair
Author: 0 Janet Yellen raises interest rates in final act as Federal Reserve chair

In a note to clients on Thursday morning, United Overseas Bank economist Alvin Liew wrote: "One highlight. was the change in the language that "labour market conditions remain strong", versus "labour market conditions will strengthen somewhat further" in November, and some interpreted this as the Fed expects the USA job market improvement to slow".

Business OPEC wakes up to the threat of US Shale 2.0
Author: 0 OPEC wakes up to the threat of US Shale 2.0

The Organization of Petroleum Exporting Countries (OPEC) revises the production growth data for non-cartel countries for 2017 and 2018. The report stated that Oil demand is nevertheless expected to grow in Iran, Saudi Arabia, UAE, Kuwait, Qatar and Jordan with transportation fuels - especially gasoline - and industrial fuels - particularly diesel and residual fuel oil - playing a significant part in the overall oil demand growth for another year.

Author: 0 What's Next for Texas Instruments Incorporated (TXN) After Making 52-Week High?

The stock decreased 0.82% or $0.28 during the last trading session, reaching $33.71. About 2.60 million shares traded or 11.59% up from the average. Texas Instruments Inc now has $99.08B valuation. Metropolitan Life Ny invested in 0.28% or 522,069 shares. Balyasny Asset Management Lc invested in 0.06% or 177,669 shares. Industries Prtn reported 212,452 shares.

Business Israel Fights Back on Teva Job Cuts
Author: 0 Israel Fights Back on Teva Job Cuts

And the ax will fall swiftly, with the majority of job cuts coming in 2018; most of the affected employees will receive notice over the next 90 days, Teva said. He also makes a commitment to maintaining Teva as an Israeli company. "Today, we are announcing a comprehensive reorganization plan that is vital to restoring Teva's financial security and business stability", Teva CEO Kare Schultz said.

Business Suspect in New York City subway bomb attack charged
Author: 0 Suspect in New York City subway bomb attack charged

Attorney Joon H. Kim for the Southern District of New York said in a statement on Tuesday. A police official who took part in that interview, who declined to be named as he was not authorized to speak publicly, said the wife told investigators that Ullah had never prayed regularly before he moved to the United States .