Markets

Yahoo Discloses Another Breach, Compromising 1 Billion Accounts

Yahoo Discloses Another Breach, Compromising 1 Billion Accounts

The attackers quietly scooped up the records of more than one billion users, including names, birth dates, phone numbers and passwords that were encrypted with an easily broken form of security. A more likely concession would be for Yahoo to agree to compensate Verizon after the close of the deal, based on the liabilities that occur. It was claimed that the data files contained Yahoo user data, and an analysis confirmed that they indeed held Yahoo account information. Read More

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GB Group plc (GBG) Insider Acquires £81000 in Stock

GB Group plc (GBG) Insider Acquires £81000 in Stock

Several brokerages have issued reports on NMC. Peel Hunt reiterated a "buy" rating and issued a GBX 340 ($4.32) target price on shares of GB Group plc in a report on Thursday, August 25th. TRADEMARK VIOLATION NOTICE: "UBM Plc (UBM) Rating Reiterated by Shore Capital" was first posted by American Banking News and is the propert of of American Banking News. Read More

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Vodafone's new plans to take on Reliance Jio

According to a repost published by Reuters , India's top telecommunication carrier Bharti Airtel unveiled a brand new offer on Thursday where it is offering unlimited voice calls and more 4G data under a new plan. Existing and new pre-paid users will now get double the 4G data they used to receive on their ongoing schemes. Vodafone India Chief Commercial Officer Sandeep Kataria said in a statement, "We had recently made incoming free on national roaming across India". Read More

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Short covering buoys Indian equities

At 11.17 a.m., the 30-share BSE index Sensex was up 48.35 points or 0.18 per cent at 26,742.63 and the 50-share NSE index Nifty was up 8.65 points or 0.1 per cent at 8,255.50. European indices advanced in early trade amid the supportive policy from ECB. The rally continued on SUN TV with the stock gaining 7.6 per cent. Banking stocks showed upward traction with 20 out of 22 banking futures gaining between 0.2-5.2 per cent. Read More

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Obama bars China's Fujian from buying Aixtron's U.S

The Dutch company had also come up against national security hurdles with SIFIUS 15 years ago, but eventually succeeded in buying USA based rival Silicon Valley Group. U.S. president-elect Donald Trump has accused China of carrying out unfair trade practices that hurt USA workers. In 2012, Obama ordered Ralls Corp, owned by China's Sany Group, to sell its interest in wind farms near sensitive US naval installations in Oregon. Read More

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GoPro Stock Gains on Restructuring, Holiday Demand

GoPro Stock Gains on Restructuring, Holiday Demand

The announcement of the Karma drone also gave the company a boost - but that was followed by a costly recall that further impacted the company's stock price. In its last annual report, GoPro called its entertainment division "a significant media asset which we also leverage to promote the sale of our capture devices". Read More

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Asian stocks mixed ahead of OPEC meeting

Asian stocks mixed ahead of OPEC meeting

People chat in front of the electronic board showing Nikkei stock prices in Tokyo , Monday, Nov. 28, 2016. That would weight vitality shares, and could hit the whole securities exchanges. Traders are carefully watching oil prices this week, as traders prepare themselves for an OPEC policy meeting which had previously been expected to release new policies for production cuts, but is now cause for more speculation and questioning. Read More

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Badgers in Maui title game

Kennedy Meeks had 15 points and a career-high 16 rebounds, Joel Berry II scored 22 points and No. 4 North Carolina ran away from No. 16 Wisconsin 71-56 on Wednesday night to win its fourth Maui Invitational title. "The guys have faith and believe in themselves", head coach Eric Bovaird said. "He did an unbelievable job finding his teammates, scoring and then when we needed a rebound, he got it". Read More

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Kingfisher Q3 sales growth driven by United Kingdom and Poland

Kingfisher Q3 sales growth driven by United Kingdom and Poland

The group's performance in France contrasted with the outcome in Britain and Ireland, where like-for-like sales increased 5.8 percent, driven by a 12.7 percent rise at Screwfix that reflected well received new and extended ranges. B&Q's like-for-like sales were up 3.5 percent - a sixth straight quarter of growth. It has so far returned £182m. Chief executive Veronique Laury, who is overseeing a turnaround plan at the retailer, said: "Third-quarter trading conditions have followed a similar ... Read More

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Alibaba Easily Passes 2015 Singles' Day Total, But Growth Rate Fades

Singles' Day isn't just limited to Alibaba, other retailers such as JD.com also participate. Workers sort packages after Singles' Day in 2015.ReutersDuring Singles' Day previous year, one out of every 12 people in China bought products on Tmall, and one out of every 10 people outside China browsed products on Alibaba's AliExpress website, which allows consumers to buy products wholesale directly from China, according to Fung Global Retail & Technology. Read More

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Mark Dayton, Republicans on collision course after GOP victory

Mark Dayton, Republicans on collision course after GOP victory

Dayton said Wednesday he's preparing for a Republican-controlled Legislature that mirrors 2011, when the Democratic governor and GOP lawmakers deadlocked over a budget impasse led to a 20-day government shutdown. While Republicans, and many Democrats, eventually want to overhaul or eliminate a federal health care law best known as Obamacare, there is general agreement that immediate action is needed to lower premiums Minnesotans will pay for individual health insurance policies in 2017. Read More

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Singles Day expected to be 'bigger than ever'

Dre, in a recent Tmall press meeting. "This unprecedented level of engagement demonstrates both the consumption power of Chinese consumers and their embrace of online shopping as a lifestyle", said Daniel Zhang, CEO of Alibaba Group. Alibaba is touting a virtual reality service to let Chinese buy from Macy's in NY and Tokyo's Otaku Mode. This year, it relocated its command center to the southern city of Shenzhen just across the border from Hong Kong, to try and capture worldwide attention. Read More

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KP denies declaring public holiday on Iqbal Day

KP denies declaring public holiday on Iqbal Day

However, CM KPK Parvez Khattak has announced a public holiday on 9th November, 2016 in connection with Iqbal Day. The Ministry of Interior took some days to take notice of these fake notifications. Iqbal Day is celebrated every year as a way to pay tribute to our national poet Allama Muhammad Iqbal. Many believe that the schools that open will have thin attendance on Wednesday because of the confusion and the case with the government offices is also likely to be similar. Read More

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