• Amazon Announces 2-minute Instant Pickup For Snacks, Drinks

    Amazon Announces 2-minute Instant Pickup For Snacks, Drinks

    Economy

    Amazon is steadily whittling down the amount of time it takes to receive a purchased item after hitting the "Place your order" button. After placing an order, customers can pick it up from a self-service locker. Initially Instant pickup will be available in Berkeley, Westwood in Los Angeles. One can tap on the menu icon, select programs and features and can find instant pickup.
  • Etihad Airways exploring options for leisure airline Niki

    Etihad Airways exploring options for leisure airline Niki

    Economy

    One such rival, Germany's Lufthansa , said Tuesday it was in talks to buy parts of Air Berlin. The Gulf-based company said the development was "extremely disappointing" especially as it had provided extensive support to Air Berlin over the last six years, notably with a €250m (£227m) cash injection in April this year.
  • Brazil Retail Sales Rose 1.2% in June -- IBGE

    Brazil Retail Sales Rose 1.2% in June -- IBGE

    Economy

    Shares in Coach sank 12% after the handbag maker's full-year sales forecast fell short of analysts' expectations. Still, July was even better for non-store retailers like Amazon and Jet that have soared in recent years, and increased 1.3 percent for the month, also their strongest gain since December.
  • Home Depot reports higher revenue, beating expectations

    Home Depot reports higher revenue, beating expectations

    Economy

    Currently, EPS of The Home Depot, Inc . The stock's 50 day moving average price is $151.41 and its 200 day moving average price is $149.89. USA home prices are set to increase at a robust pace over the next few years, mainly due to a chronic shortage of houses and steady demand, a Reuters poll showed in May.
  • Warren Buffett Dumps Struggling General Electric Company (GE)

    Warren Buffett Dumps Struggling General Electric Company (GE)

    Economy

    GE has been hurt by weakness in its oil and gas business. The firm owned about 10.6 million shares in the company. Berkshire had previously held 10.4 million shares in the U.S. Buffett wasn't the only famous investor piling into the tech giant. As Berkshire Hathaway exited GE, it added a 17.5 million share stake in Synchrony Financial, a credit card company spun out of GE in 2015.
  • Tensions over North Korea weigh on stocks but boost gold

    Tensions over North Korea weigh on stocks but boost gold

    Economy

    Decliners outnumbered advancers by a 1.40-to-1 ratio. Bond prices rose. The yield on the 10-year Treasury note slipped to 2.19 percent from 2.20 percent late Thursday. The CBOE Volatility Index .vix , better known as the VIX and the most widely followed barometer of expected near-term stock market volatility, rose the most in about 12 weeks.The index ended up 4.93 points at 16.04, the highest level since November 8, when Trump was elected president.
  • German growth slower, but still strong ahead of election

    German growth slower, but still strong ahead of election

    Economy

    The growth rate was expected to remain at 0.7 percent. Although, this was slightly slower than the forecast of 0.7%, the economy expanded for the 12th consecutive quarter. There was an increase in fixed capital formation in machinery and equipment, in construction and in other fixed assets. Germany's economy hence lagged behind the US, which expanded at an annualized pace of 2.6% in the same period, but slightly outpaced the 2.3% growth in the 19-country euro currency zone.
  • German Economy Extends Growth Spurt As Nation Heads For Vote

    German Economy Extends Growth Spurt As Nation Heads For Vote

    Economy

    This was slightly weaker than the consensus forecast of 0.7% in a Reuters poll. Destatis also revised upwards its growth estimate for the first quarter of the year to 0.7% from the initial estimate of 0.6%. 'With today's strong growth data, it will be hard for any opposition party to pick out the economy as a main theme for the final stage of the election campaign'.
  • Giroud confirms Arsenal stay after opening-day victor against Leicester

    Giroud confirms Arsenal stay after opening-day victor against Leicester

    Economy

    Alexandre Lacazette has branded his Arsenal debut "a rollercoaster ride" after netting less than two minutes into the Premier League clash against Leicester City at the Etihad Stadium on Friday night. "He doesn't want to leave". "It is fantastic", Wenger replied when asked about Giroud's willingness to fight for his place. "It's a determined no".
  • Placing the Money Flow Index Under Scrutiny For Eden Innovations Ltd

    Placing the Money Flow Index Under Scrutiny For Eden Innovations Ltd

    Economy

    The Relative Strength Index (RSI) is an often employed momentum oscillator that is used to measure the speed and change of stock price movements. The stock now has a consensus rating of "Hold" and an average price target of $31.80. A reading between -80 to -100 may be typically viewed as strong oversold territory. On the flip side, an RSI near 0 may signal weaker momentum. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading ...
  • Amazon to close Lovefilm By Post rental service

    Amazon to close Lovefilm By Post rental service

    Economy

    Amazon has published a help page on its website for customers of Lovefilm, notifying them of the service's closure. "Due to this, we will be closing the Lovefilm by Post service on 31 October 2017". Amazon plans to donate all Lovefilm's discs to its "charity partners". In a positive development, Amazon says it will transfer LoveFilm's 50 employees to new roles within its company rather than laying them off.