Economy

IDC: Huawei passes Apple as global smartphone sales runner-up

IDC: Huawei passes Apple as global smartphone sales runner-up Furthermore, with every flagship OnePlus userbase has been growing in India and this has now started translating into record sales for every new flagship it launches. OnePlus also reigned supreme when it came to the top-selling premium smartphones in the country. Huawei managed to be the fastest growing (21 per cent) smartphone brand amid a declining China smartphone market and grew fully 71... [Full Article...]

MoviePass Raising Subscription Prices and Limiting First Run Movies

After an emergency loan of $5 million, MoviePass was back up and running - for a minute. Shares of MoviePass parent Helios and Matheson Analytics Inc ( HMNY .O) were down 36 percent at midday in see-saw trade that saw shares surge briefly by over 150 percent on the announcement. [Full Article...]

Apple beats earnings estimates as iPhone sales climb

Apple beats earnings estimates as iPhone sales climb In the quarter, Apple sold 41.3 million iPhones. Apple's services business, which includes iTunes, Apple Music and iCloud among others, has been growing for years and could become the company's main revenue generator as iPhone sales plateau. [Full Article...]

MoviePass is raising prices, limiting new movies to save itself

While the idea of a flat rate subscription to see multiple movies in a week is certainly intriguing, the reality of MoviePass is turning out to be a lot more complicated. "Major studios will continue to be able to partner with MoviePass to promote their first run films, seeding them with a valuable moviegoing audience". [Full Article...]

Here's Harley-Davidson's new cruiser concept

Here's Harley-Davidson's new cruiser concept The company plans to launch its electric motorcycle in 2019. Leading the electric motorcycle market by launching Harley-Davidson's first electric motorcycle, LiveWire, in 2019 - the first in a broad, no-clutch "twist and go" portfolio of electric two-wheelers created to establish the company as the leader in the electrification of the sport. [Full Article...]

Tesla Released a $1,500 Surfboard That Sold Out In a Day

Tesla Released a $1,500 Surfboard That Sold Out In a Day According to a report by TechCrunch, on Saturday night, the Tesla online shop's product page showed the surfboard but it was gone the next morning. Elon Musk's unique brand of merchandise has no shortage of fans, and his latest product is no exception. [Full Article...]

McDonald's unveils MacCoin to celebrate Big Mac's 50th anniversary

McDonald's unveils MacCoin to celebrate Big Mac's 50th anniversary Starting on August 3 through 2018, customers can redeem their MacCoin for a free Big Mac at participating McDonald's restaurants in the USA and in more than 50 participating countries. They can use the currency the following day. "When my great-grandfather Jim Delligatti invented the Big Mac at his grill in Uniontown, Pennsylvania, he just wanted to make his local customers happy", said Nick D... [Full Article...]

Homeless man photographed handing out resumes lands job offers

Homeless man photographed handing out resumes lands job offers Casarez did not expect the outpouring of support that has come when he initially stood at an intersection in Mountain View, CA with his resumes. Twenty-six-year-old David Casarez , who is a Texas A&M University graduate and a web developer, was spotted by Jasmine Scofield (@jaysc0) carrying a placard, "Homeless, hungry 4 success, take a resume". [Full Article...]

Wall St rises on U.S.-EU trade deal hopes, tech gains

Wall St rises on U.S.-EU trade deal hopes, tech gains The utilities sector was down 0.35 per cent as Atco fell 1.4 per cent and Northland Power was off 1.1 per cent; both companies had their target prices cut by analysts on Friday. The Dow Jones Industrial Average rose 11.22 points, or 0.04 percent, to 25,253.16, the S&P 500 gained 12.46 points, or 0.44 percent, to 2,832.86 and the Nasdaq Composite added 58.36 points, or 0.74 percent, to 7,899.13. [Full Article...]

US treasury secretary insists agriculture was part of US-EU trade talks

US treasury secretary insists agriculture was part of US-EU trade talks The Commission President was accompanied by Commissioner Malmström. USA automakers breathed a bit easier this week after President Donald Trump and European Commission President Jean-Claude Juncker announced an agreement to shelve threatened US tariffs on imported autos and retaliatory European tariffs on US goods while the two sides negotiate lower trade barriers. [Full Article...]

Nod for Disney’s $73.1B acquisition of Fox entertainment

Nod for Disney’s $73.1B acquisition of Fox entertainment It kicked off a bidding war with Comcast , which dropped out last week focus on attempted buyout of the European pay-TV operator Sky. The U.S. Department of Justice has already approved Disney's acquisition, provided the media and entertainment company divest the 22 regional sports networks it was set to gain in the deal. [Full Article...]

Facebook's US$119 billion one-day loss makes U.S. history

Facebook's US$119 billion one-day loss makes U.S. history He also claims the massive plunge stemmed from "federal securities law violations from the defendants". Wehner added saying, "European ad revenue growth decelerated more quickly than other regions and was impacted primarily by reduced currency tailwinds and, to a lesser extent, the roll-out of GDPR". [Full Article...]

Intel reports strong Q2 as CEO search continues

Intel reports strong Q2 as CEO search continues In a sense, the numbers that the company will put out aren't going to be that interesting, as the company already announced in June that it's raising its Q2 revenue and EPS guidance with revenue expectations of $16.9 billion and non-GAAP EPS forecast at $0.99 versus previous revenue and EPS guidance of $16.3 billion and $0.85, respectively. [Full Article...]

Ryanair refuses to compensate passengers for cancelled flights amid pilots strike

Ryanair refuses to compensate passengers for cancelled flights amid pilots strike Staff in Spain, Portugal and Belgium began their 48-hour strike yesterday, amid calls for increased pay, fairer working conditions, larger pensions and better job security. Christian Nielsen, head of the legal department at passenger helper portal, AirHelp , says the laws aren't subject to cherry-picking. Civil aviation authorities, including the UK's CAA, however, have indicated that passenger... [Full Article...]

ITVs first-half results boosted by World Cup and Love Island

ITVs first-half results boosted by World Cup and Love Island Love Island helped ITV's share of audience rise 9% in the period and has secured global deals with the likes of Netflix , RTL2 and the Nine Network in Australia. ITV left its guidance for the year unchanged, saying it is "confident we can deliver good organic growth" on the back of a strong pipeline of shows including Alone, Queer Eye, Suburra, The Hunt, Milk & Honey and House of Talent. [Full Article...]

Notable Hot Stock's Alert: The Coca-Cola Company, (NYSE: KO)

Notable Hot Stock's Alert: The Coca-Cola Company, (NYSE: KO) The company has its outstanding shares of 4.24B. Coca-Cola European Partners PLC (NYSE:CCE) now has an Average Broker Rating of 2.42. Also, the number of institutional investors holding Coca Cola Bottling Co Consolidated in their top 10 positions was flat from 0 to 0 for the same number. [Full Article...]

BP splashes £8bn on BHP Billiton's USA shale assets

BP splashes £8bn on BHP Billiton's USA shale assets The acquisition is to bring BP "extensive" oil and gas production and resources in the highly-prized Permian-Delaware basin in Texas and in the Eagle Ford and Haynesville basins in Texas and Louisiana. Finally, Delek Group Ltd. bought a new position in shares of BHP Billiton in the 4th quarter worth about $10,824,000. "With net debt now toward the lower end of our target range of US$10 bil... [Full Article...]

World's Oldest Person, Chiyo Miyako, Dies at 117 in Japan

World's Oldest Person, Chiyo Miyako, Dies at 117 in Japan Miyako, born on May 2, 1901, died on Sunday shortly after presenting evidence to be certified as the oldest living person on the planet, said the book Guinness World Records . Japan's oldest person , Chiyo Miyako , has died at age 117 , the health ministry said Thursday. At the time of death she was 116 years and 37 days. [Full Article...]

China revokes approval for Facebook's planned venture

China revokes approval for Facebook's planned venture The representative also noted that Facebook has similar incubators in France, Brazil, India and South Korea. China and the U.S. have seen tensions grow between the two countries as with economic sanctions being imposed on imports from both countries. [Full Article...]

Trump presses Mexico to speed up NAFTA talks: Lopez Obrador

Trump presses Mexico to speed up NAFTA talks: Lopez Obrador After a meeting in Mexico City, Canadian Foreign Minister Chrystia Freeland and Mexican Economy Minister Ildefonso Guajardo said they remained optimistic about negotiations to revamp the 24-year-old trade pact. The high-level meeting occurs five weeks before the August 31 date by which the U.S. Congress must be formally notified of a deal under Fast Track procedures for Mexico's current pres... [Full Article...]


« Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57  Next »