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Economy

The turbulence at Rcom , as the phone unit is known, has come at a time when the group's Reliance Infrastructure Ltd.is planning to list a trust with some road assets and its Reliance Defence and Engineering Ltd. He said the company would repay Rs 25,000 crore debt following completion of the two deals, adding that "there is no proposal to convert debt into equity".
  • Clinton slams New York Times, DNC, Comey

    Clinton slams New York Times, DNC, Comey

    Economy

    The trouble started yesterday when Mrs Clinton raised questions over whether Mr Trump's campaign was linked to the alleged Russian meddling in the 2016 U.S. It surpassed Trump's original "covfefe " tweet , which was retweeted more than 127,000 times and "liked" more than 162,000 times when it was deleted.
  • Meal kit service Blue Apron files for IPO

    Meal kit service Blue Apron files for IPO

    Economy

    Blue Apron co-founder Matt Salzberg told CBS Sunday Morning a year ago that its subscribers order some eight million meals every month. For one, it's how the early investors, employees, and even the founders often make their money . In the first quarter of 2017, Blue Apron said its total customer base topped 1 million, but those customers are spending less on average than they previously were, in part due to promotions from the company.
  • Top American executives slam Donald Trump's withdrawal from Paris accord

    Top American executives slam Donald Trump's withdrawal from Paris accord

    Economy

    They are four female coal miners and they each voted for President Trump based on one issue: bringing coal jobs back to the U.S. Democratic senator Sheldon Whitehouse, co-chair of the US Senate's Climate Action Task Force said, "ignoring reality and leaving the Paris agreement could go down as one of the worst foreign policy blunders in our nation's history".
  • Clark will force confidence motion

    Economy

    Green caucus and a B.C. New Democrat government", said Weaver. The agreement also says that the NDP would not request a dissolution of the legislature, except following the defeat of a motion of confidence, and that the Greens would neither move nor vote non-confidence against the NDP in the next four years.
  • Pushback on anticipated withdraw from Paris Climate Accord

    Pushback on anticipated withdraw from Paris Climate Accord

    Economy

    If Trump does decide to pull out, he has a number of options. The European Union and China, meanwhile, will reaffirm their commitment to the Paris climate change accord this week regardless of whether the USA pulls out of the pact, a senior EU official said.
  • World's largest rocket-launching plane rolls out

    Economy

    The Stratolaunch aircraft features two cockpits and six Boeing 747 engines. Allen owns a company called Stratolaunch Systems , which builds mammoth aircraft to carry rockets and launch them into outer space. Touted to be the world's largest aircraft once officially launched, the Stratolaunch has been developed as an airborne rocket launcher to help put satellites into orbit.
  • Emmanuel Macron vows to 'make our planet great again' in speech

    Economy

    The president has moved to loosen restrictions on coal-fired power plants and vehicle emissions, slash EPA funding, and reverse his predecessor Barack Obama's Clean Power Plan. Trump on Thursday said he will formally withdraw the US from the Paris climate accord , an Obama-era pact that includes almost 200 nations. They took out a full-page ad in the New York Times Thursday, arguing that the agreement generates jobs and economic growth and warning that withdrawing could expose the U.S.to ...
  • Comey to testify to US Senate intelligence panel on June 8

    Comey to testify to US Senate intelligence panel on June 8

    Economy

    The White House has given various reasons for Comey's firing , including that he did not have the backing of the bureau's rank and file. The former NSA director had a remarkably short tenure. On Wednesday, the House of Representatives Intelligence Committee, which is also looking into the allegations, approved subpoenas for Flynn and Trump's personal lawyer, Michael Cohen, in connection with its probe.
  • Were Analysts Bearish Ocado Group PLC (LON:OCDO) This Week?

    Were Analysts Bearish Ocado Group PLC (LON:OCDO) This Week?

    Economy

    The rating was maintained by Deutsche Bank with "Buy" on Thursday, May 26. The firm has "Hold" rating given on Monday, September 26 by Beaufort Securities. About 104,877 shares traded. The share price of the company (LON:CKN) was down -0.40% during the last trading session, with a high of 2749.00 during the day and the volume of Clarkson shares traded was 17517.
  • Restaurant Group PLC (RTN) Receives Hold Rating from Panmure Gordon

    Economy

    Stagecoach Group plc (LON:SGC) has been given a consensus rating of "Hold" by the twelve ratings firms that are presently covering the stock. Canaccord Genuity restated a buy rating and set a GBX 1,162 ($14.93) target price on shares of Paypoint plc in a research report on Thursday, January 26th.