Stories about Money

Sep 06 2017

Marathon Oil Corporation (MRO)- Stocks Rallying on Performance Valuation

Sumitomo Mitsui Trust Holdings Inc. trimmed its holdings in shares of Marathon Oil Corporation (NYSE:MRO) by 8.4% in the second quarter, according to its most recent Form...

Sep 06 2017

Fashion giants LVMH, Kering to ban underweight and underage models

A joint statement said that the new charter would come into effect at the upcoming fashion weeks and would be upheld with the help of monitoring committee including model...

Sep 06 2017

Canadian dollar jumps as Bank of Canada lifts benchmark rate 25bps

The GDP growth rate of 4.5 per cent, which was the fastest in 15 years, surpassed even the most optimistic estimates by Canadian economists. Wednesday marks the bank's ...

Sep 06 2017

USA stocks fall on worries about North Korea, Irma

The broad-based S&P 500 also lost 0.4 percent to 2,467.30, while the tech-rich Nasdaq Composite Index dropped 0.5 percent to 6,403.85. Last week, North Korea launched a...

Sep 06 2017

Short Interest in Walt Disney Company (The) (NYSE:DIS) Grows By 25.1%

The institutional investor owned 2,928 shares of the entertainment giant's stock after selling 94 shares during the quarter. About 6.74 million shares traded. Poplar Fore...

Sep 06 2017

Piyush Goyal reiterates focus on railway safety

On August 23, Prabhu had offered to resign taking full moral responsibility for the recent spate of train accidents. "He (Prabhu) has worked with my father in Atal Bihar...

Sep 06 2017

RPS Group plc (RPS) Rating Reiterated by Peel Hunt

Thompson Davis Communications holds 484 shares. Victrex plc is a United Kingdom-based holding company. (NASDAQ:HCSG) for 1,175 shares. South Dakota Invest Council has 0...

Sep 06 2017

Lego to cut 1400 jobs amid mass profit loss

Revenues reportedly fell in the United States and Europe, but saw double digit growth in China despite its new factory in the region experiencing delays. It said it "now ...

Sep 06 2017

US CEOs urge Trump to keep DACA 'Dreamers' programme

The House and Senate Judiciary Committees revealed that more than 45,000 DACA recipients were approved for "advance parole", which is permission to leave and reenter the ...

Sep 06 2017

China Bans ICOs, Classifies Them As Illegal Fundraising

It allowed them to raise large amounts of money rapidly by selling "digital tokens". " Any so-called tokens financing trading platform shall not engage in the exchange ...

Sep 06 2017

Texans are reaching their limits, but Harvey isn't finished yet

After pouring record rains on Texas, Tropical Storm Harvey made a second landfall yesterday to strike Louisiana , a state that still bears deep scars from 2005's Hu...

Sep 06 2017

Sports Direct chairman defends continuing use of zero-hours contracts

It added: "The board anticipates this acquisition will significantly enhance earnings in our Premium Lifestyle division in the medium- to long-term". Sports Direct said...

Sep 06 2017

Europe's Top Court Backs Intel's Appeal of Antitrust Fine

The decision is a slap for a European Commission which has not lost a major anti-trust case in decades. Google's case has more similarities than Apple's, but USA tech...

Sep 06 2017

Supreme Court Stays Insolvency Proceedings Against Jaypee Infratech

In a petition by flat buyers, a Bench of Chief Justice Dipak Misra and Justices AM Khanwilkar and DY Chandrachud , apart from staying the August 9 order of the NCLT,...

Sep 06 2017

Hewlett Packard Enterprise Company

As a result of the transaction, HPE will adjust its fiscal year 2017 financial outlook to reflect the partial-year contribution from Seattle, since Seattle will no long...

Sep 06 2017

The Week Harvey Ravaged the Gulf Coast Refining Center

USA oil prices rose on Tuesday and gasoline fell as the gradual restart of refineries in the Gulf of Mexico that were shut by Hurricane Harvey raised demand for crude and...

Sep 06 2017

Chocolate lovers in for a treat with new hue

Ruby chocolate has an intense taste and characteristic pinkish colour. The new choccy - named after its red hue - contains a special Ruby Cocoa bean and tastes like b...

Sep 06 2017

Bell Pottinger City chief departs amid racism scandal

His departure raises big concerns for Bell Pottinger's ability to retain a number of its key City clients after HSBC, which said it has "used Bell Pottinger for specific ...

Sep 06 2017

Fresh North Korea tensions hit Wall Street

Dow e-minis were down 51 points, or 0.23 percent, with 29,103 contracts changing hands. Bucking the trend were defensive-oriented utilities (+0.3%) and the energy secto...

Sep 06 2017

Dollar slips against yen as Korea worries persist

Japan's Nikkei 225 edged down 0.14 percent, or 27.84 points, to close at 19,357.97 with financials and automakers ending the session lower. Investors remained on edge ...