Stories about Finance

Nov 30 2017

GDP growth recovers to 6.3% in July-September 2017 quarter

The latest figures brings forth reasons for cheer as GDP had been sliding for the last five quarters, culminating in a 5.7 per cent growth rate for the April-June quart...

Nov 30 2017

Stocks extend losses on F&O expiry, GDP data

The NSE Nifty50 closed 8.95 points or 0.09 per cent lower at 10,361.30 points, while the BSE Sensex closed at 33,602.76 points - down 15.83 points or 0.05 per cent. Glo...

Nov 30 2017

United Kingdom 'very close' to European Union divorce bill agreement

The Fine Gael deputy leader's stance has drawn criticism from Brexiteers. And I don't think that has been harmful in any way. The EU has named the border as one of thre...

Nov 29 2017

Nasdaq plans to offer bitcoin futures in early 2018

Previously, the "SEC concluded that bitcoin was an unregulated market, and because of that it would be unable to enter into surveillance agreements with other relevant ag...

Nov 29 2017

BuzzFeed To Lay Off 100 Staffers Amid Missed Revenue Goals

The staff shakeup came as BuzzFeed has begun to reevaluate its advertising model following news earlier this month that it missed 2017 revenue targets by 15-20% shor...

Nov 29 2017

Sandwich chain Arby's to buy Buffalo Wild Wings

Buffalo Wild Wings shares climbed as much as 6.6 percent to $156 in NY trading Tuesday, its highest intraday price in nearly six months. Arby's is buying sports bar ...

Nov 29 2017

Chipotle stock price rallies as CEO steps down

He will continue as executive chairman. Problems continued as norovirus and salmonella infected customers and a viral video of mice seen at a Dallas restaurant also...

Nov 29 2017

U.S. third quarter growth fastest in three years at 3.3%

With growth at a 3.1 percent clip in the April-June period, the six months from April to October have seen the fastest expansion since the same period in 2014. Upward rev...

Nov 29 2017

Automation could take over up to 800M jobs by 2030

Lund added that she believes the transition will be a hard one. Up to 14 per cent of the working population around the world - as many as 375m people - may have to chan...

Nov 29 2017

London Stock Exchange boss leaves amid boardroom row

The Board has asked the group's finance chief David Warren to assume the additional role of Interim CEO until a successor is appointed. LSE's dominant position in clearin...

Nov 29 2017

Institutional Investors Are Buying Advanced Micro Devices Inc (NASDAQ:AMD)

Every individual investor may have different goals when starting out. Although market capitalization is key to consider, don't invest (or not invest) based exclusively ...

Nov 29 2017

Amazon sells record number of devices over holiday weekend

Amazon now says that Cyber Monday 2017 was bigger than any other shopping day, including the sales holiday it invented called Prime Day . Overall, Cyber Monday wa...

Nov 29 2017

Uber's Q3 Loss Widens To $743 Mln: FT Reports

The documents signal the formal launch of the SoftBank-led deal to invest between $7 billion and $10 billion in the company. SoftBank wrote in an email statement that at ...

Nov 29 2017

Tiffany's sales, profit top estimates on demand for fashion jewelry

Tiffany & Co. (NYSE: TIF ) on November 28, 2017 saw a modest increase, closing the day at $93.29, or a increase of $0.75 or (0.80%).Volume levels spiked and TIF actually...

Nov 29 2017

Bengal has touched every Indian: President Ram Nath Kovind

Speaking on the "ambitious Act East Policy" of the Union government, Mr. Kovind said the people of Bengal were crucial to the policy. We will have to ensure that it has...

Nov 29 2017

Jet Airways says Ait France-KLM pact won't impact ties with Etihad

The agreement would provide a boost to Jet Airways reach to Western destinations without having to deploy its own planes. Indian worldwide air traffic is booming, but...

Nov 29 2017

Black Friday Is Mutating

More tellingly, over 64 million people bought online and in person, underscoring the fact that retailers need to do both well to be successful today - especially becaus...

Nov 29 2017

Ocado shares jump after worldwide tech deal

The deal sent Ocado's shares rising by 21 per cent, or 53½p, to 309½p after the French retailer said that it wanted to use Ocado's robot and software technology to de...

Nov 29 2017

US Home Price Growth Accelerates More Than Expected In September

The three reporting the highest increases were Seattle, Las Vegas and San Diego. The 20-city home price index saw a monthly increase of 0.4% in September after rising b...