• PSA board approves Opel takeover

    Economy

    Following the acquisition of Ambassador from Indian auto manufacturer Hindustan Motors, Peugeot is set to expand its range by entering a deal with General Motors for its Opel and Vauxhall brands, media reports said. GM reported a loss of $257m (£209m) from its European operations last year - its 16th straight year of losses. PSA averted bankruptcy by selling 14 percent stakes to France and Dongfeng in 2014, to match a diluted Peugeot family holding.
  • ICE responds to questions about detainee

    ICE responds to questions about detainee

    Economy

    Vargas' attorney, Abigail Peterson, told BuzzFeed News that Vargas had filed to renew her Deferred Action for Childhood Arrivals status, which gives her protection from deportation, on February 10, and so was surprised she was detained. William "Bill" Ready, Jr., the attorney representing Sake Sushi, said officials made no arrests and didn't file any criminal charges against Sake Sushi.
  • The Doctor is in! Carson Confirmed as HUD Secretary

    The Doctor is in! Carson Confirmed as HUD Secretary

    Economy

    Angus King to back Carson, with a final vote of 58-41. Carson's Senate confirmation vote is expected to occur Thursday, according to the Associated Press . It didn't stop there. Sen. Elizabeth Warren (D) of MA, one of the most prominent liberal voices in the country, was one of the members the committee who voted for Carson at the time.
  • Oil down on record United States crude stocks, flat Russian output

    Economy

    Iran, along with Libya and Nigeria, is allowed to produce "at maximum levels that make sense" as part of any output limits in a surprise deal reached last week by the OPEC. Of that, Russian Federation pledged to cut 300,000 bpd, with 200,000 bpd of reductions in the first quarter. Oil prices were also pressured by the US dollar rising on increasing odds of an interest rate rise by the Federal Reserve as early as later this month.
  • USA manufacturing climbed to best level since mid

    USA manufacturing climbed to best level since mid

    Economy

    The employment index decreased 1.9% to 56.1% and the prices index remained high (68%), but that was still 1% below January's reading. Manufacturing in the U.S. Andrew Hunter, US economist at Capital Economics , said: "With the drag from the dollar's surge in 2014 and 2015 having now completely faded and global demand starting to pick up, manufacturing activity should continue to recover steadily this year".
  • National Express Group PLC 5.5% Potential Upside Indicated by Liberum Capital

    Economy

    The Company's products include Ultibro Breezhaler (European Union (EU) and Rest of World (RoW)) - LABA-LAMA; Seebri Breezhaler (EU and RoW) - LAMA; AirFluSal Forspiro (EU and RoW) - ICS-LABA; ADVATE (Global) - Antihaemophilic Factor (Recombinant); Adept (Global) - Icodextrin; Anoro Ellipta (Global) - LAMA-LABA; Relvar Ellipta/Breo Ellipta (Global) - ICS-LABA, and Incruse Ellipta (Global) - LAMA.
  • Royal Bank of Scotland annual losses balloon to £7bn

    Royal Bank of Scotland annual losses balloon to £7bn

    Economy

    The annual loss represents the ninth in a row for RBS, up from a £2bn loss a year earlier and higher than analyst forecasts of a £6.1bn loss. The money set aside by the bank is to cover the costs of an upcoming penalty from the US Department of Justice for mis-selling USA securities backed by toxic mortgage loans in the run-up to the financial crisis.
  • The Kraft Heinz Company (KHC): How technical indicators have come out?

    Economy

    Mrs May vowed previous year to devise a "proper industrial strategy" to defend United Kingdom companies from being snapped up by foreign firms. 14 Analysts think that the Price Target for The Kraft Heinz Company (NASDAQ:KHC) might hit $90.29, however, the High Price Target and Low price Target are $100 and $80, respectively.
  • Jay Z Goes From MC To VC With New Fund Launch

    Jay Z Goes From MC To VC With New Fund Launch

    Economy

    Jay Z is out to prove he's a business, man , once again with a new venture capital fund. Jay Z is further extending his portfolio of endeavors. (Hold your laughter, please.) Although premium socks are most certainly an absurd product meant exclusively for men who take long holidays on yachts, Stance has since raised $US116 million ($151 million), so things don't look too bad for Jay Z .
  • Burger King owner to buy Popeye's for $1.8B

    Economy

    The correct version of this news story can be read at https://baseballnewssource.com/markets/popeyes-louisiana-kitchens-plki-overweight-rating-reaffirmed-at-stephens/454003.html. (NASDAQ: PLKI ) may hit a high of $72. The firm's 50-day moving average is $63.70 and its 200-day moving average is $58.31. Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also help in determining where it may be possibly ...
  • Islamic State affiliate in Sinai claims rocket fire on Israel

    Economy

    No one was injured and no damage was caused by the missiles, the army said. The missiles landed in an open area and did not result in any casualties, according to an army statement. Isis claimed responsibility for the Eilat attack. It seems likely the same group is behind Monday's attack. According to the Guardian, Hamas accused Israel of killing two Palestinians in Egypt's Sinai region via an airstrike.
  • Global arms trade hits highest level since end of Cold War

    Global arms trade hits highest level since end of Cold War

    Economy

    The volume of worldwide transfers of major weapons has grown continuously since 2004 and increased by 8.4 percent between 2007-2011 and 2012-2016, according to the Stockholm global Peace Research Institute ( SIPRI ) in Sweden. China, Taiwan, Vietnam, the Philippines, Malaysia and Brunei have all made territorial claims over islands in the area. "Over the past five years, most states in the Middle East have turned primarily to the U.S.
  • Unilever says Kraft Heinz is biting off more than it can chew

    Unilever says Kraft Heinz is biting off more than it can chew

    Economy

    Unilever has the following segments: Personal Care, Foods, Refreshment and Home Care. Investors will be watching eagerly to see if the U.S. company increases its offer. The surprise move has been welcomed by Unilever's shareholders, with its share price rising by more than 15% to record highs. This fundamentally undervalues Unilever .
  • European Markets Up Even as Fed Chair Hints at Hike

    European Markets Up Even as Fed Chair Hints at Hike

    Economy

    If those factors continue to improve as expected, "it probably will be appropriate to raise interest rates further", she said. Yellen responded calmly to heated opinions repeatedly voiced from committee members, especially on the topic of the Dodd-Frank Act, a set of regulations created in response to the Great Recession in 2008 and which President Donald Trump aims to dismantle.
  • Verizon angling to lower price of Yahoo purchase

    Economy

    That alarmed Verizon officials, who immediately launched their own investigation into the losses. Even the higher estimates-Reuters reported the figure could be as much as $350 million-are pretty paltry. In September, Yahoo confirmed a 2014 security breach that impacted more than 500 million user accounts on its network. Verizon hopes that its new acquisition will help it move outside its traditional telecommunications role and into the mobile media and advertising world, while Yahoo ...
  • China exports rose 7.9% on-year in January: Customs

    China exports rose 7.9% on-year in January: Customs

    Economy

    China said exports to the USA rose 9 percent from a year ago in dollar terms, which could exacerbate concerns by the Trump administration about bilateral trade. exporters " The exports were largely driven up by the strong economic recovery in the United States", Hong Hao, chief strategist at BOCOM International in Hong Kong, said.
  • Unintentionally Funny Moments in Fifty Shades Darker

    Unintentionally Funny Moments in Fifty Shades Darker

    Economy

    That is when Christian begins to understand that he can no longer hide if he is to have her and explains parts of his past. But she gives into his dominant personality more than she should, making the audience confused on whether she's the one who's really into sadism.