Stories about Finance

Apr 28 2017

Bank of Japan leaves rates unchanged, says inflation is lagging

The divergence between growth and inflation in Japan means the BOJ, which previous year shifted its policy framework to make it more sustainable, risks again being a glob...

Apr 27 2017

Twitter user growth beats estimates in Q1

The company posted revenue of 548 million dollars (£427m) this quarter, down 8% on the 595 million dollars (£464m) reported in the same period a year ago. Jan Dawso...

Apr 27 2017

Trump tweets don't help: 1st Twitter revenue drop since IPO

Twitter Inc reported a 6% increase in monthly active users , beating analysts' expectations, after several quarters of stagnating growth. Noto said Twitter wants t...

Apr 27 2017

Freeport-McMoRan Inc (FCX) Shares Sold by Hartford Investment Management Co

Cowen and Company reissued a "buy" rating on shares of Freeport-McMoRan in a research note on Tuesday, April 11th. Finally, FBR & Co reiterated a "hold" rating on shares ...

Apr 26 2017

James, Cavs hold off Pacers to sweep series

LeBron James dominated with 33 points, 10 rebounds, four assists and four steals while Kyrie Irving scored 28. Pacers All-Star Paul George had a chance to tie the g...

Apr 25 2017

Dutch Economic Affairs minister says still opposed to Akzo Nobel takeover

Akzo confirmed it had received a "third unsolicited proposal" from PPG but was non-committal in its response. This latest bid follows AkzoNobel's launch of a new stra...

Apr 24 2017

France one step closer to new president

He called for hope in Europe instead of fear, a reference to Le Pen's anti-European Union campaign. She portrayed her duel with Macron as a battle between "patriots" and ...

Apr 23 2017

Attend the March for Science without ever leaving your couch

Organizers of the march encouraged scientists in their ranks to wear their lab coats, goggles, stethoscopes, field gear and other work clothes to make their presence know...

Apr 23 2017

United CEO won't add chairman title in 2018 as was planned

The filing did not say Mr Munoz would not take up the role, but rather that "future determinations related to the chairman position" would be left to the "discretion of t...

Apr 22 2017

Trump says he plans tax reform announcement on Wednesday

Mr Trump will order an assessment of how the FSOC designates a financial institution as "systemically important", which triggers requirements to hold more capital in case...

Apr 22 2017

Indian Officials to Lose Red Beacon Lights on Cars Announcing VIP Presence

According to the government, vehicles with beacon lights have no place in a democratic country. Last week, it was reported that the Prime Minister's Office (PMO) has c...

Apr 22 2017

Sentence next for Volkswagen in U.S. diesel emissions scandal

In an unprecedented settlement, Volkswagen has been ordered to pay $2.8 billion to the U.S.as a criminal penalty in court, pushing the company's massive emissions scandal...

Apr 22 2017

Delhi: One killed, three injured as speeding vehicle runs over four

Police said that they received a call around 6.15 am and immediately rushed to the spot. There were three people inside the car- all students of Class 12. Just a day earl...

Apr 22 2017

USA crude oil stocks drop

Daily oil production in Azerbaijan will be 0.79 million barrels in 2017, according to the forecasts of the US Energy Information Administration (EIA) in its April 2017 Sh...

Apr 21 2017

Will a new foreign property buyer's tax cool Toronto's housing market?

After two consecutive years of double-digit gains, the price of an average house in Toronto jumped to C$916,500 ($925,600) last month, a 33 per cent increase on the yea...

Apr 20 2017

Netflix on the verge of hitting 100 million subscribers

Operating margin is expected to slip from 9.7% in the first quarter to 4.4% in the second quarter, but the company reiterated its 7% target operating margin for the year....

Apr 19 2017

Trump admin. declines to brand China a currency manipulator

Treasury finds that six major trading partners warrant being placed on the Monitoring List for special attention: " China , Germany , Japan , Korea, Switzerland and Tai...

Apr 18 2017

Spill at BP well in Alaska reported

The oil spray ended Saturday, but the well remained out of control and vented gas through the weekend. In 2006, a corroded pipeline released almost 5,000 barrels of cru...

Apr 16 2017

Brief marriage precedes fatal San Bernardino school shooting

San Bernardino police have said nothing of what might have motivated Anderson to open fire in the special education classroom at North Park Elementary School on Monday...

Apr 16 2017

Inspite of Double the Bookings, Uber lost $2.8 Billion in FY16!

Net revenue was $6.5 billion, while adjusted net losses were $2.8 billion, excluding the China business, which it sold last summer. In the fourth quarter, Uber says it bo...