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Economy

The AP government signed an MoU with the government of Singapore in December 2014 for development of Amaravati on the banks of the Krishna river. As per a report in the Hindu, the foundation stone is being laid at Mandadam village with a ceremony attended by CM N Chnadrababu Naidu, S Iswaran, Singapore minister for trade and industry and a host of delegates.
  • Tronc in talks with Wrapports to acquire Chicago Sun

    Tronc in talks with Wrapports to acquire Chicago Sun

    Economy

    Chicago has always been a two newspaper town. The move quickly prompted an investigation by the Justice Department's antitrust division, which is responsible for overseeing mergers involving newspapers. Ferro owned a stake in the Sun-Times. But it was the very notion of a future combination of the paper that had led to his entry into the newspaper business and his involvement first with the Sun-Times, the The Tribune .
  • Warren Buffett's Berkshire is betting more on banks and airlines

    Warren Buffett's Berkshire is betting more on banks and airlines

    Economy

    Berkshire Hathaway sold its stake in parent company 21st Century Fox during the first quarter of 2017, according to a company filing. Vetr raised shares of Berkshire Hathaway from a "hold" rating to a "buy" rating and set a $183.03 price objective on the stock in a research report on Thursday, March 2nd.
  • Investor View: Looking at Shares of Carlisle Companies Incorporated (NYSE:CSL)

    Investor View: Looking at Shares of Carlisle Companies Incorporated (NYSE:CSL)

    Economy

    The Coca-Cola (NYSE:KO) last issued its earnings results on Tuesday, April 25th. Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for The Coca-Cola Company the EPS stands at 0.43 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.44, suggesting the stock fell short of the analysts' expectations.
  • Featured Stock: Ford Motor Co

    Featured Stock: Ford Motor Co

    Economy

    Most recently on 4/25/17 the stock of General Electric Company (NYSE:GE) downgraded by BofA/Merrill from Buy to Neutral. Other institutional investors have also modified their holdings of the company. General Motors Company's dividend payout ratio is now 25.33%. ILLEGAL ACTIVITY NOTICE: This piece of content was posted by Markets Daily and is owned by of Markets Daily.
  • Jetstar starts charging passengers to bring babies on board

    Jetstar starts charging passengers to bring babies on board

    Economy

    A $50 infant fee on Trans-Tasman flights has also been introduced, while the existing fee for global flights will increase by $10 (from $40 to $50 per journey). Jetstar also acknowledged the unpopularity of extra fees but said they were in place to allow the airline to have such low-priced fares. Charging each customer for what they actually needed helped Jetstar offer the lowest possible fares.
  • Merkel's party triumphs in rivals' heartland

    Economy

    Exit polls showed on Sunday that German Chancellor Angela Merkel's Christian Democratic Union (CDU) party has won North Rhine-Westphalia state election. It was still unclear late Sunday whether the far-left Die Linke would reach the 5 percent threshold to enter the state parliament. The total mileage of traffic backed up in North Rhine-Westphalia past year stretched to 242,500 miles, or more than double the 100,625 miles recorded in 2012.
  • SNP remains 'full of ambition' as it marks 10 years in power

    SNP remains 'full of ambition' as it marks 10 years in power

    Economy

    A vote for the SNP on June 8 would give the proposals "democratic legitimacy", the First Minister said. Asked by Marr to confirm that meant joining Efta first and then seeking European Union membership later, Sturgeon replied: "Well, it may be by necessity but we don't want that".
  • North Korea is 'getting the message'

    North Korea is 'getting the message'

    Economy

    So while it opposes actions that might topple Kim's regime and possibly send a wave of refugees across the Chinese border, China has agreed to successive rounds of sanctions since 2006. Abe said Japan likewise hopes for peaceful dialogue with Pyongyang, "but at the same time, dialogue for the sake of dialogue is valueless". A slew of recent missile launches and North Korea's expected test of a sixth nuclear device have heightened concerns that the country is drawing closer to being capable ...
  • USA survey finds most Xbox One gamers are between 25 and 34

    Economy

    The average age of the Xbox One owner is 33, unsurprising considering the average age of gamers generally hovering in the late-20 to mid-30s range, depending on the region. The surprise release announcement comes after a few months of teasing about the game which will have an updated resolution as well as cross play functionality between Xbox One and PC.
  • Russia, Saudi Arabia back extension of oil output cuts

    Economy

    Global oil markets will reach a supply-demand balance in late 2017 or early 2018 if a pact to cut output is extended, Russia's energy minister was quoted by local news agencies as saying. That is longer than the optional six-month extension specified in the deal. Putin, speaking in Beijing, said extending the output cuts was the right thing to do.