Economy

Brokerages Set $54.17 Price Target for Coca-Cola European Partners PLC (CCEP)

Brokerages Set $54.17 Price Target for Coca-Cola European Partners PLC (CCEP)

Coca-Cola European Partners has raised its dividend payment by an average of 3.7% annually over the last three years and has raised its dividend annually for the last 10 consecutive years. Just-releas...

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Berkshire Hathaway shareholders arrive in Omaha

Berkshire Hathaway shareholders arrive in Omaha

One of Warren Buffett's and Charlie Munger's biggest regrets was not buying shares of Google owner Alphabet Inc. Munger characterized Amazon founder Jeff Bezos as a "miracle worker" who evolve...

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Tesla Raises Goal in Capital Hunt And Elon Musk Doubles Down

Tesla Raises Goal in Capital Hunt And Elon Musk Doubles Down

The Palo Alto, California, electric vehicle and solar panel maker said Friday that it's increasing the offer due to the response from Thursday's announcement that it would try to raise $2.3 billion. M...

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Vegan burger company Beyond Meat's IPO sizzles with $25 share price

Vegan burger company Beyond Meat's IPO sizzles with $25 share price

The company's business and Hollywood celebrity backers, including Microsoft co-founder Bill Gates and actor Leonardo DiCaprio , helped explain the investor zeal, along with a growing consumer app...

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Coin flip: Hammond changes his mind on scrapping the penny

Coin flip: Hammond changes his mind on scrapping the penny

It is estimated that around 2.2 million people in the United Kingdom are still reliant on cash , with the elderly , vulnerable and those in rural communities likely to be hardest hit by a decline. H...

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Why Investors Are Optimistic about Dunkin' Brands' Q1 Earnings

NASDAQ DNKN traded up $0.02 on Wednesday, reaching $74.65. Dunkin' Donuts' $100 million recast into a beverage-focused concept called Dunkin' paid off for parent Dunkin' Brands during the first ...

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HSBC profits leap 31% in Q1

HSBC profits leap 31% in Q1

John Flint, group chief executive, said: "These are an encouraging set of results, particularly in the context of heightened economic uncertainty globally". "We are not declaring victory on jaws for t...

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Tesla plans to raise $2 billion

Tesla plans to raise $2 billion

Tesla Inc will raise up to $2.3 billion in new capital, renouncing what Elon Musk called a "Spartan diet" and easing Wall Street concerns about the money-losing company's ability to overcome a dr...

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Time To Get More Creative To Avoid Getting Hacked

Time To Get More Creative To Avoid Getting Hacked

However, today, our most sensitive details live behind online password protection - from our financials to our official documentation, personal photos and more. Yet we continue to be lackadaisical w...

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Uber class action: taxi and hire-car drivers join lawsuit against company

The case will cover drivers from across Australia, with more than 6,000 taxi, hire auto, charter vehicle and limousine drivers and license owners already registered online for the case. Cab drivers ar...

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Paddy Power Betfair takes the lead in American sports betting race

Paddy Power Betfair takes the lead in American sports betting race

It was a remarkable feat which went some way towards Solskjaer being handed a three-year permanent contract as manager, but the extent of how hard the shock result hit the bookies has only just come t...

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Bombardier sells Belfast operation as it moves to create

Bombardier sells Belfast operation as it moves to create "single aviation unit"

In a statement, Bombardier said it was consolidating all aerospace assets into a "single, streamlined and fully integrated business". "We can now finally zoom in on the businesses that will create the...

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Gold holds near 4-month low as Fed stance hoists dollar

Gold holds near 4-month low as Fed stance hoists dollar

The DXY traded between 97.15 lows to a high of 97.73 by the time Powell had wrapped up an upbeat press-conference. On the other hand, the DXY US Dollar Index slid further into negative territo...

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A dozen brands recall 12M pounds of frozen chicken over 'oral injury'

A dozen brands recall 12M pounds of frozen chicken over 'oral injury'

Tyson said in a separate statement that the additionally recalled chicken strips were produced at the same location as the first recalled batch, and had before-use dates between Oct 1, 2019, and March...

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Microsoft rolls out new cloud services for AI, blockchain

Microsoft rolls out new cloud services for AI, blockchain

According to Microsoft , the machine learning service is being created to serve three different groups: developers, who want a "code-first" model; business experts, who may prefer a "no-code" model...

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BoE Upgrades Growth Forecast for British Economy

BoE Upgrades Growth Forecast for British Economy

The BOE lowered forecasts for inflation this year but kept them unchanged for two years out. Carney has only raised interest twice during his term as governor, and financial markets are unconvinced ...

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Tesla Rolls Out New Features That Improve Safety Without Autopilot

Tesla Rolls Out New Features That Improve Safety Without Autopilot

The Lane Departure Avoidance will also automatically kick in when the auto departs a lane with the turn signal off, and if the driver's hands are not detected on the steering wheel. There are two ne...

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Facebook considering its own bitcoin for payments

WSJ says Facebook has been working on the venture codenamed Project Libra for over a year. More recently, the New York Times published a report , showing the surprising speed of development of Fac...

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China suspends permits of 2 Canadian pork exporters

China suspends permits of 2 Canadian pork exporters

She said the current suspension is limited to two processing facilities with all other approved Canadian pork processing facilities remaining eligible to export to China. Bibeau said that while the te...

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Australia's AMP posts near nine-fold increase in quarterly cash outflows

Australia's AMP posts near nine-fold increase in quarterly cash outflows

It has since haemorrhaged billions of dollars in funds and is facing class-action lawsuits. AMP shares have dropped almost five per cent after the beleaguered wealth manager said it had experienced ...

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What Warren Buffett Sees in Berkshire Hathaway’s New Amazon Stake

What Warren Buffett Sees in Berkshire Hathaway’s New Amazon Stake

Berkshire Hathaway Inc has been buying shares of Amazon .com Inc, according to chief executive officer Warren Buffett , CNBC reported on Thursday. Mr Buffett has never bought Amazon shares, alt...

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Unemployment Rate Hits Lowest Point in 49 Years

Unemployment Rate Hits Lowest Point in 49 Years

The business and professional services sector alone added 76,000 jobs, with strong hiring in computer systems design, temporary help services and building and dwelling services like pest extermination...

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Activision Sells First Five ‘Call of Duty’ Esports League Teams

Activision Sells First Five ‘Call of Duty’ Esports League Teams

OverActive Media is now - as things stand - the only company that owns spots in three major franchised leagues. Activision unveiled the first five teams for its new global, city-based Call of Duty ...

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GM CEO Confirms Plan For An Electric Full-Size Pickup

GM CEO Confirms Plan For An Electric Full-Size Pickup

Following the apparent break down of talks between GM and Rivian , American truck sales leader Ford has committed to investing US$500 million ($710 million) in the Detroit-based all-electric fledgl...

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Amazon Rebrands Middle Eastern Souq Marketplace, Redirects Shoppers To Amazon.ae

Amazon Rebrands Middle Eastern Souq Marketplace, Redirects Shoppers To Amazon.ae

Customers in the UAE are presented with a statement issued by the company's co-founder Ronaldo Mouchawar . Shoppers pay for goods in United Arab Emirates dirham ( AED ), using local or worldwide cred...

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Senate Fails To Override Trump Veto On Withdrawing US Support From Yemen

Senate Fails To Override Trump Veto On Withdrawing US Support From Yemen

The vote came despite impassioned bipartisan pleas from lawmakers like Sen. The United States is providing logistical support and intelligence-sharing for a war that has killed thousands of civilians ...

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Wynn Resorts Fined $35 Million, Will Still Operate Encore Boston Harbor

Wynn Resorts Fined $35 Million, Will Still Operate Encore Boston Harbor

The long-awaited conclusion comes after the commission this month released a more than 200-page investigative report, also held three days of public hearings and deliberated about which company offici...

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New Zealand unemployment rate falls to nearly 10-year low

New Zealand unemployment rate falls to nearly 10-year low

New Zealand building permits fell sharply in March, as per the official data released earlier today . New Zealand jobless rate fell to 4.2 percent in the first quarter of 2019. "We expect further i...

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Burger King's Real Meals will have you saying 'YAAS'

Burger King's Real Meals will have you saying 'YAAS'

Hungry patrons can choose a Pissed Meal when they're angry, a Blue Meal when sad, a Salty Meal for those bitter moments and a DGAF for obvious reasons. "MHA is very pleased to partner with Burger King...

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IPhone sales rebound on pricing policy

IPhone sales rebound on pricing policy

Meanwhile, iPad and wearables/home/accessories were also up. Chief Financial Officer Luca Maestri told analysts on a call that 75 percent of Apple Watch buyers were new to the product. That downturn...

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Facebook F8 conference: All that was announced on Day 1

Facebook F8 conference: All that was announced on Day 1

The privacy changes extend to Instagram as well - Facebook executives say the company is starting to test new features that hide "likes" from photos. A pilot program allowing users to buy direct...

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Sirius shares plummet over £2.9bn financing

The mine is being developed to target the world's largest and highest grade polyhalite deposit, an evaporite mineral which can be used as a fertiliser and has other potential industrial applications. ...

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Feds offer new rebates to get you into an electric auto

Feds offer new rebates to get you into an electric auto

Leave it to the folks at the Big T to stick it to Canada by just barely squeaking under the CA$45,000 pricing limit with a model that nobody will buy, so that people can get the discount on the auto t...

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China's manufacturing PMI remains stable in April

China's manufacturing PMI remains stable in April

These figures not only worsened concerned about United States price pressures, but also cause a jump in speculation that the Federal Reserve could cut U.S. "Although the dollar is not moving higher ...

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Iran Warns Using Oil Cuts as Weapon Could Collapse OPEC

Iran Warns Using Oil Cuts as Weapon Could Collapse OPEC

America will not, however, be able to bring Iran's oil exports to zero and two of the Islamic Republic's neighbors are exaggerating their oil production capacity, Zanganeh said , according to the ...

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