Business

Author: 0 China: In touch with India over Mansarovar pilgrimage issue

Reportedly, around 50 people in Sikkim were stuck near the Pass after the Chinese side closed the gates, citing landslide in Tibet . "Matter is being discussed with Chinese side", he was quoted as saying PTI . The Nathu La pass route was opened to Indian pilgrims in 2015. "So they can not proceed any further", a source had said. "Yes, there are some difficulties being experienced in movement of KMY ( Kailash Mansarovar Yatra ) Yatris via Nathu La".

Business L1 Retail buys Holland & Barrett for $1.8bn
Author: 0 L1 Retail buys Holland & Barrett for $1.8bn

The company's annual revenues in 2016 exceeded £610m. Holland & Barrett, which sells a range of nutritional supplements and wellness products through 1,150 stores in over a dozen countries, is owned by private equity firm Carlyle Group .

Business Deadly Grenfell Tower blaze because of faulty fridge
Author: 0 Deadly Grenfell Tower blaze because of faulty fridge

The Grenfell Tower fire in London started in a Hotpoint fridge-freezer, British police say. McCormack said that in view of the heavy death toll, police were considering manslaughter charges over the disaster. "We are also concerned about the fridge freezer in this matter and we have been working with the Department for Business, Energy and Industrial Strategy, who are working with Hotpoint on the safety of that fridge".

Author: 0 BT Group plc (BT.A) Stock Rating Reaffirmed by Deutsche Bank AG

The stock of Burberry Group plc (LON:BRBY) earned "Neutral" rating by JP Morgan on Wednesday, May 11. The PT means a potential upside of 8.57% from Burberry Group PLC (LON:BRBY)'s stock close price. The company was upgraded on Tuesday, January 10 by Barclays Capital. FinnCap maintained the shares of IOM in report on Wednesday, February 3 with "Corporate" rating.

Author: 0 Boeing takes on Airbus with new jet

The combined value of the deals is $39.7 billion at list price, although airlines typically get discounts. After years of booming orders driven by increased air travel and more fuel-efficient planes, passenger jetmakers are bracing for a slowdown in demand while they focus on meeting tight delivery schedules and ambitious production targets.

Author: 0 Argus Boosts Rating On Oracle Corporation (ORCL) To "Outperform"

The company was maintained on Thursday, September 17 by Wunderlich. Equities analysts forecast that Oracle Corporation will post $2.92 earnings per share for the current year. The stock of DLH Holdings Corp. Long Road Invest Counsel Ltd Co holds 2.52% of its portfolio in Oracle Corporation (NYSE:ORCL) for 85,288 shares.

Author: 0 Cosby Judge To Decide Whether To Release Jurors' Names

The jury on Saturday deadlocked on charges that Cosby drugged and molested a woman in 2004, resulting in a mistrial . The judge granted the mistrial on Saturday after the jury, which was brought into Montgomery County from Pittsburgh, announced they were "hopelessly deadlocked" following multiple days of deliberation.

Business Pentagon agrees $12 billion jet deal with Qatar
Author: 0 Pentagon agrees $12 billion jet deal with Qatar

Qatar Airways CEO Akbar Al Baker has called on ICAO to step in to the diplomatic rift between Qatar and the Gulf states that have closed their airspace to Qatar Airways . counterpart, Jim Mattis, in Washington on Wednesday, according to Qatar News Agency (QNA). Gulf nations have stationed troops in both East African countries, using it as a jumping-off point for the ongoing Saudi-led war in Yemen.

Business GOP's Heller won't back Senate health care bill
Author: 0 GOP's Heller won't back Senate health care bill

He becomes the fifth GOP senator to say he will not back the bill as it is now written, and the first in Senate Republicans' so-called moderate wing. The 142-page draft, capping seven years of GOP promises to repeal Barack Obama's signature health care legislation, was released Thursday. Insurers could exclude essential benefits like maternity and emergency care from private plans, barring prohibitive charges for pre-existing conditions and reimposing lifetime limits on coverage.

Business Air bag maker Takata bankruptcy filing expected in Japan, US
Author: 0 Air bag maker Takata bankruptcy filing expected in Japan, US

Japanese air bag maker Takata, overwhelmed by lawsuits, recall costs, filed for bankruptcy protection on Monday. Takata and the automakers were slow to address the problem with the inflators despite reports of deaths and injuries. One of Takata's lawyers, Nobuaki Kobayashi, said it was too early to estimate the total eventual cost of the recalls and would not confirm Japanese media reports that they exceeded 1 trillion yen ($9 billion).

Author: 0 Theresa May spelling out 'settled status' plan for European Union nationals after Brexit

Mr Davis said the Government was planning a "continuation" of the European Health Insurance Card (EHIC) after Brexit and would provide a similar scheme "unilaterally" if there was no agreement. "We're looking to see if we can get a continuation of the EHIC scheme as it now exists". "Let me be absolutely plain about this: number one, I happen to think we have got a very good prime minister".

Business Glencore makes new bid for Rio's Australia coal assets
Author: 0 Glencore makes new bid for Rio's Australia coal assets

The deal is subject to regulatory approvals, and Glencore has demonstrated its confidence in clearing them by putting down a $225 million deposit, which it will forfeit if the transaction does not go ahead. News coverage about Rio Tinto PLC (NYSE:RIO) has trended positive this week, Accern Sentiment reports. If the Rio Tinto plc meeting is adjourned and the Rio Tinto board decides to proceed with Glencore's proposal, the general meetings will not be reconvened and any completed and ...

Business Ronaldo is wanted at Real Madrid - Salgado
Author: 0 Ronaldo is wanted at Real Madrid - Salgado

According to Cadena Cope , the star of Real Madrid has made a decision to pay the staggering amount and reached an agreement with the judges. Portugal and Real Madrid superstar Cristiano Ronaldo remained coy about his future with the Spanish football giants, refusing to take questions beyond the Confederations Cup where his national team won 1-0 against hosts Russian Federation.

Author: 0 Uber founder Travis Kalanick resigns as CEO

Still, insiders note that Kalanick is keeping his board seat at Uber and still has majority voting control over the closely held company's shares. Some experts believe Uber will look for an outsider with turnaround experience. Embattled CEO Travis Kalanick officially resigned as Uber's chief executive on Tuesday. Among those mentioned by analysts as possible successors are former Ford CEO Alan Mulally and former Virgin America CEO David Cush.

Business Sse Plc (SSE) PT Raised to GBX 1685 at Barclays PLC
Author: 0 Sse Plc (SSE) PT Raised to GBX 1685 at Barclays PLC

The SI to Glowpoint Incorporated's float is 0.19%. About 397,623 shares traded. (NYSEMKT:GLOW) has declined 20.23% since June 13, 2016 and is downtrending. KRETZMER W BRIAN sold $115,163 worth of stock. Stockholders of record on Thursday, May 25th will be given a dividend of GBX 65.90 ($0.83) per share.

Author: 0 Airbus concedes defeat to Boeing in Paris order race

Airbus' forecast increase was 4.4 percent. Design changes for the 737 MAX 10 include a fuselage stretch of 66 inches, or about 1,68 metres, compared to the 737 MAX 9 and levered main landing gear, with an expanded capacity to carry up to 230 passengers , or 10 people more than that of the 737 MAX 9.

Business Kvitova reaches first final since attack
Author: 0 Kvitova reaches first final since attack

At Birmingham: WTA Aegon Classic: Semifinal: Ashleigh Barty bt Garbine Muguruza 3-6, 6-4, 6-3; Petra Kvitova bt Lucie Safarova 6-1, 1-0 (retired). She already has five excellent wins on grass under her belt, with more match practice to come in Eastbourne this week. Kvitova will have a very different sort of match against Barty, who began to find a pattern which discomforted Muguruza mid-way through the second set.

Author: 0 The SSP Group PLC (SSPG) Declares Dividend Increase - GBX 3.20 Per Share

Three analysts have rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the stock. Phillips 66 had 32 analyst reports since August 4, 2015 according to SRatingsIntel. Vanguard Group holds 1.03M shares or 0% of its portfolio. Keeley Asset Mgmt accumulated 136,027 shares or 0.2% of the stock. Shares for $95,520 were sold by KORN RONALD J.

Author: 0 Narendra Modi lauds Sushma Swaraj in US

We agree with him to allow the future generation to participate in the growth of India ", said another expat. "You are the same people but your success story has a simple reason, it's because you got supportive environment here", he said.

Business Australian Crown Resorts employees sentenced
Author: 0 Australian Crown Resorts employees sentenced

Australian Consul General in Shanghai Graeme Meehan said Crown's head of global VIP gambling, Jason O'Connor, was given a 10 month sentence in Shanghai's Baoshan District Court on Monday, SBS understands. Crown does not directly run casinos in China . Three of the accused, believed to have been junior staff, had been released on bail. Casino gambling, and promoting gambling overseas, are illegal in mainland China.

Author: 0 United Dominion Realty Trust, Inc. (UDR) Cut to "Underperform" at Evercore ISI

The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.56 by $0.35. (NYSE:DLR) for 5.13M shares. Evercore upgraded the stock to "Buy" rating in Monday, December 19 report. (NASDAQ:APEI) rating on Tuesday, August 11. Jefferies maintained it with "Buy" rating and $36 target in Monday, May 15 report.

Business American Airlines says rival Qatar seeks to buy up to 10% stake
Author: 0 American Airlines says rival Qatar seeks to buy up to 10% stake

American Airlines also noted that foreign ownership laws limited the total percentage of foreign voting interest in a USA company to 24.9 percent. American Airlines has received a notice that Qatar Airways plans to acquire a 10% stake in the United States legacy carrier, in what appears to be an unsought investment.

Business Supreme Court Unanimously Reaffirms: Hate Speech Is Still Free Speech
Author: 0 Supreme Court Unanimously Reaffirms: Hate Speech Is Still Free Speech

Which is exactly what the U.S. Patent and Trademark Office tried to do when it denied registration of the Washington You-Know-Whos in 2014. After hearing Tan's case, the high court rejected the Lanhan Trademark Act of 1946 that denies trademark protections to terms that disparage the living and the dead.

Business The biggest USA banks are launching their own, faster Venmo
Author: 0 The biggest USA banks are launching their own, faster Venmo

Bank; and Wells Fargo . Hopeful fintech startups have proliferated over the years without deposing Paypal Holdings Inc (NASDAQ: PYPL)'s trendy Venmo payment platform. The money will then be available minutes later. A Zelle app will arrive at a later point, but Early Warning declined to say when beyond 'the coming months'.

Business Mavericks plan to have Nowitzki for 20th season
Author: 0 Mavericks plan to have Nowitzki for 20th season

Sources say that Dallas, as it stands, does not have plans to pursue marquee free agents, despite a long-rumored interest in New Orleans Pelicans unrestricted free agent Jrue Holiday. For his career, Nowitzki shot 38 percent from three-point line. The Mavericks want to build around Noel, Seth Curry, Harrison Barnes and Smith Jr., though as Stein reports, they are not now planning on making a run at the top free agents on the market this summer.

Business Takeaways From Amazon's Acquisition Of Whole Foods
Author: 0 Takeaways From Amazon's Acquisition Of Whole Foods

An Amazon spokesman declined to comment on the town hall. TheStreet visited three grocery locations in New York's financial district, and of those three, Whole Foods noticeably thrived. Amazon is not gong to change the world of food, despite all the breathless commentary claiming just that. "But they're just not gonna be, I don't think, forced on us by Amazon".

Author: 0 Can GOP health-care bill pass the Senate?

Senate Minority leader Chuck Schumer appears at a press conference with a sign that he had personally edited to read "Mean-er" after Senate Republicans unveiled their version of legislation that would replace Obamacare on Capitol Hill in Washington , US, June 22, 2017 .

Business Amazon shakes up retail with $13.7bn Whole Foods deal
Author: 0 Amazon shakes up retail with $13.7bn Whole Foods deal

Cowen analysts said that the grocery industry can be broken into three categories - perishable food, non-perishables and consumer products - and Amazon has its hands in all three of those areas, reports CNBC . "It's not a big check", he said in an interview. Both Amazon Pantry and Amazon Fresh are services that park the Amazon tanks on the supermarkets' lawns.

Business Italian PM 'guarantees' savers' accounts in 2 troubled banks
Author: 0 Italian PM 'guarantees' savers' accounts in 2 troubled banks

Veneto Banca and Banca Popolare di Vicenza have always been experiencing difficulties, while the government has tried to recapitalize the two lenders. Italian authorities tried in March to use another exception in European Union rules to prop up the two Veneto banks. That ended months of uncertainty, and failed attempts to raise fresh capital, and forced the Italian government to commence insolvency proceedings and wind them up.

Author: 0 Morgan Sindall Group PLC (MGNS) Insider Sells 13174 Shares of Stock

The stock has "Buy" rating by Needham on Tuesday, October 13. Hsbc Pcl invested in 0.05% or 417,413 shares. Its down 0.69, from 1.55 in 2016Q3. 29 funds opened positions while 75 raised stakes. BAE Systems Plc had 176 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has "Outperform" rating by Bernstein on Friday, September 11.