https://g8fip1kplyr33r3krz5b97d1-wpengine.netdna-ssl.com/wp-content/uploads/2017/11/GettyImages-865911470-1160x772.jpg

Money

The Commission also raised its growth forecast for next year to 2.1 percent from 1.8 percent. Regarding potential risks for Bulgaria's economy, the EC said that "a slower utilisation of European Union funds could moderate the contribution of investment to growth", while increased tax revenues could create pressure for "additional wage increases, as well as for public investment fully outside the European Union funds programmes".
  • UK Inflation Highest Since 2012

    UK Inflation Highest Since 2012

    Money

    The sterling was lower against the US dollar near midday on Tuesday after Ramsden's comments, trading at $1.1765. Grilled by the House of Commons Treasury Select Committee, Carney stuck by the Bank of England's revised estimates that inflation would peak in October or November this year.
  • Walmart Stores shares advance as it unveils digital expansion plans

    Walmart Stores shares advance as it unveils digital expansion plans

    Money

    In addition, according to a study by InfoScout, Walmart Pay now ranks as the No. 2 mobile wallet , despite launching chainwide only 16 months ago, and now offers customers instant access to their Walmart credit card. On top of that, the company will endorse immediate returns of certain products such as shampoo. Wal-Mart has "unmatched physical resources, including stores and supply chain, and in the process is providing consumers with a compelling online alternative to Amazon", he ...
  • UKIP unveil new leader as ex squaddie Henry Bolton

    UKIP unveil new leader as ex squaddie Henry Bolton

    Money

    He defeated rival Anne Marie Waters , who had provoked controversy with hostile comments about Islam. Going forward, Bolton says the party will be focused on unification, gaining back control of British politics and pushing its primary platform.
  • Ryanair extends flight cancellations to early 2018

    Ryanair extends flight cancellations to early 2018

    Money

    When asked if it would comply with the CAA's demands by the 5pm deadline, Ryanair said: "We will be meeting with the CAA and will comply fully with whatever requirements they ask us to". Betting on its confidence of no further cancellations, the airline has rolled out a series of low-fare sales on its winter schedule, but admits the latest wave of axed flights will affect 400,000 customers over a five-month period.
  • Roku IPO: Shares up 30 percent in morning trading

    Roku IPO: Shares up 30 percent in morning trading

    Money

    Shares of Roku rose in their first morning on the market, as the entertainment technology company made its public debut on Thursday. Roku's S1 filing reveals that the video and audio streaming device company now has 15.1 million active accounts, up 43 percent from a year ago.
  • Toys R Us Filed for Bankruptcy and People Are Upset

    Toys R Us Filed for Bankruptcy and People Are Upset

    Money

    The firm also announced that its 1,600 stores with 64,000 employees will continue to operate as normal throughout the process, with operations outside of the U.S. According to Reorg Research, the bankruptcy filing could take place in Virginia within the next week. Don't worry, though. The stores are trying to power through to the holiday season.
  • Middle-Class Americans Made More In 2016 Than Ever In US History

    Middle-Class Americans Made More In 2016 Than Ever In US History

    Money

    After two straight years of solid income gains, the median American household last year essentially earned the same as it did in 1999, when incomes peaked at $58,665. State and county figures on income and poverty, as well as health insurance coverage for areas with populations of 65,000 or more, are to be released Thursday.
  • 8.1 quake rocks Mexico, deaths reported

    8.1 quake rocks Mexico, deaths reported

    Money

    The powerful 8.2 magnitude quake struck off Mexico's far southern Pacific coast just before midnight Thursday , about 100 kilometers from the town of Tonala. The USGS reported multiple aftershocks , including at least six measuring above a 5.0 in magnitude . Luis Felipe Puente told the Televisa network that 10 had died in Oaxaca state, three in Chiapas and two in Tabasco.
  • Prince William, Kate expecting third child, Kensington Palace says

    Money

    This is published unedited from the PTI feed . The news was announced as the royal couple were preparing to send their eldest child, Prince George , off to school for the first time. The royal family is growing! On an overseas tour to Singapore in 2012, when he was asked by a group of teenagers how many children he would like to have, he said he was "thinking about having two".
  • VW unveils trade-in scheme for British buyers

    VW unveils trade-in scheme for British buyers

    Money

    The scrappage scheme runs from 1 September 2017 to 31 December 2017 and is open to any vehicle more than seven years old. However, it's not available in conjunction with any other offer. Renault , Nissan , Toyota and Kia announced deals whereby owners of cars registered before 2010 could save up to £2,000 by trading in their vehicles for a new one.
  • JP Morgan Chase & Co Reiterates Overweight Rating for Kingspan Group PLC (KGP)

    JP Morgan Chase & Co Reiterates Overweight Rating for Kingspan Group PLC (KGP)

    Money

    About 455,371 shares traded. Among 29 analysts covering Antofagasta PLC (LON:ANTO), 5 have Buy rating, 15 Sell and 9 Hold. Therefore 48% are positive. It has a 11.82 P/E ratio. The Western Europe segment covers its businesses in the United Kingdom, Ireland, Holland, Sweden and Denmark. Since January 1, 0001, it had 2 insider purchases, and 1 sale for $719,884 activity.
  • Nasarawa State pilgrims arrive in Saudi Arabia - Amirul Hajj

    Nasarawa State pilgrims arrive in Saudi Arabia - Amirul Hajj

    Money

    According to the deputy minister, Saudi authorities would never condone such kind embarrassment of pilgrims and would take measures to ensure all those who participated in the maltreatment of pilgrims were brought to book. Qatar has denied all such claims. "Given the continued involvement of the state of Qatar in the attempts at the destabilisation of Chad from Libya, the government has decided on the closure of the embassy and the departure of the ambassador and diplomatic personnel from ...
  • Apple Officially Announces New Iowa Data Center

    Apple Officially Announces New Iowa Data Center

    Money

    Tech giant Apple is looking to build its newest data center within the city limits of Waukee. Apple already supports 10,000 jobs in Iowa, many of whom are developers, Cook said. Reynolds, speaking briefly to reporters after the announcement, defended the use of the state's $19.6 million in tax credits at a time when the state budget shortfall that may require a special legislative session to address, saying it's a minimal investment for the return Iowa will get.
  • Google Wants To Help You Buy Stuff From Walmart

    Google Wants To Help You Buy Stuff From Walmart

    Money

    If you're already an existing Walmart customer, you can link your account to Google Express and so your shopping results are based on what you've previously bought, including the size and type of a product that you purchased before.
  • Taylor Swift Reveals Name of Sixth Album, First Single Out Thursday!

    Taylor Swift Reveals Name of Sixth Album, First Single Out Thursday!

    Money

    The star made the announcement on Instagram after she deleted all her social media and posted cryptic pictures of a snake. She announced the news on social media, days after her social media pages went dark. Not a bad strategy for a woman known to bury references in her liner notes. Take, for example, the album cover for the record, which depicts Swift in grayscale, clad in a distressed sweatshirt against a backdrop of manufactured newspaper headlines.
  • Total buy Maersk Oil & Gas for $4.95 billion in shares

    Total buy Maersk Oil & Gas for $4.95 billion in shares

    Money

    French oil giant Total has agreed to buy Maersk Oil for $7.45bn. Total shares were 0.6 per cent lower in Paris at €42.41 as of 11.02am Luxembourg time, according to data from Bloomberg . Mr Pouyanné said that the additional value to the company's portfolio would help it reach a lower breakeven oil price. “The combination with Maersk Oil offers Total an exceptional overlap of upstream businesses globally which will enhance Total's competitiveness and value in many core areas, in particular ...
  • Osmeña opposes LTFRB's suspension of Uber

    Osmeña opposes LTFRB's suspension of Uber

    Money

    The fist appeal filed last Monday was denied Tuesday. Uber has been in a dispute with the LTFRB over permitting. "We're trying to work together here to address public transport issues", he said. "Show some kind of respect to the board", she added. It is estimated that some 200,000 Philippine commuters have been affected by the temporary suspension of Uber.
  • Euro zone Q2 annual growth estimate upgraded

    Euro zone Q2 annual growth estimate upgraded

    Money

    While that's below the 0.7% estimate in a Bloomberg survey of economists, the Federal Statistics Office revised first-quarter output up to 0.7%. Carsten Brzeski, analyst at ING Bank, said Germany's economic success just went "on and on and on" but he cautioned that exports could be dented by a stronger euro, weaker-than-expected United States growth and Brexit uncertainty.
  • Can Sprint nab the Charter Communications deal it is chasing?

    Can Sprint nab the Charter Communications deal it is chasing?

    Money

    The telecom giant, controlled by Japan's SoftBank, reported a net income of $206 million, or 5 cents per share, compared to a loss of $302 million, or 8 cents per share, in 2016. "We observed last quarter that we've never in our careers encountered a company whose financial reports, on an as-reported basis, make it as hard to discern underlying trends (although, to be fair, the entire wireless sector is problematic on this score)", Craig Moffett of MoffettNathanson wrote in a note to investors.
  • Eurozone recovery on track as growth rises

    Eurozone recovery on track as growth rises

    Money

    The euro zone may not be growth champion in the second quarter, after the US rebounded to an annualized 2.6 percent thanks to consumer spending and business equipment investment. Since the start of the year, with the exception of February, the euro has ended the month on a positive note. Despite the still below target inflation, the general improvement in economic conditions and slightly less dovish comments from Mario Draghi means we think there is a reasonable chance the European Central ...
  • AstraZeneca's Imfinzi Drug Combo Fails in Phase III Lung Cancer Trial

    AstraZeneca's Imfinzi Drug Combo Fails in Phase III Lung Cancer Trial

    Money

    One of AstraZeneca's big hopes, a combo of its new I-O med with another experimental cancer drug, has missed a key primary endpoint in first-line lung cancer patients. The trial featured an immunotherapy drug, which AstraZeneca hopes will be able to be used as an alternative to chemotherapy in the treatment of non-small cell lung cancer in future, but results were disappointing.
  • Arun may be appointed India bowling coach

    Arun may be appointed India bowling coach

    Money

    Kumble described his partnership with Kohli as "untenable" before stepping down last month after the Champions Trophy. "I don't think there is added pressure because what has to happen will happen, I believe in that regardless of what happens around in the outside world; as a team we aspire to achieve what we want to achieve".
  • Blue Apron Stock drops as Amazon announces Meal Kit Business

    Blue Apron Stock drops as Amazon announces Meal Kit Business

    Money

    Blue Apron and Gobble already offer similar services. A request for comment to Amazon wasn't immediately returned. Blue Apron's stock has fallen precipitously since its IPO despite the company's slashing of its initial share price, a development widely blamed on Amazon's Whole Foods announcement .