Markets
BP says to take $1.5bn hit on US tax reforms
The accounting hit will weigh on BP's version of net earnings for the fourth quarter of 2017, a period when profits were expected to surge because of buoyant oil prices. The news follows similar announcements by BP rival Shell, which expects a $2bn-$2.5bn hit, and Barclays, which expects a £1bn charge. However, the energy giant cautioned that longer-term earnings would be "positively impacted" b... [Full Article...]
Maruti, Honda see healthy growth in December
In this segment, Maruti offers - Swift, Ritz, Celerio, Ignis Baleno , Dzire, Tour S. Sales registered by this segment stands at 53,336 units, a staggering 23.2% increase as compared to same month a year ago. Similarly, Hyundai Motor India too reported a healthy growth in its overall sales. "The positive momentum in urban and rural retail sales supported with strong after-sales service and low... [Full Article...]
Flight Takes Off in 2018 But Takes People Back Into 2017
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In what science-fiction fans might enthusiastically call time-travel, the passengers aboard a Hawaiian Airlines flight bid goodbye to 2017 twice, thanks to the time-zone differences. Passengers aboard Hawaiian Airlines Flight 446 had the privilege of celebrating new year 2018 twice. The flight was supposed to depart the Auckland International Airport at 11.55pm local time. [Full Article...]
IFixit Matches Apple's $29 Battery Offer, Adds Older iPhones
A year ago we released a feature for iPhone 6, iPhone 6s and iPhone SE to smooth out the instantaneous peaks only when needed to prevent the device from unexpectedly shutting down during these conditions. After learning about the heavily discounted battery replacements, Ms Tan, who works in the private education sector, said that she would still replace her phone's battery only if she really had t... [Full Article...]
Serena's Return Ends In Super Tie-Break Defeat To Ostapenko
Williams struggled with her serve and Ostapenko won 6-2, 3-6 and then 10-5 in a super tiebreaker, but the American still impressed to take a set off the No.7-ranked Ostapenko after almost a year away from tennis. She started well, breaking Ostapenko's serve in the first game of the match. In the beginning, it felt a little tough. "But as the match moved on, I was less afraid", explained Williams. [Full Article...]
Mackenzie Financial Corp Buys Shares of 108868 Range Resources Corporation (RRC)
Range Resources Corporation (NYSE: RRC ) has declined 36.05% since January 1, 2017 and is downtrending. It has underperformed by 31.85% the S&P500. Baker Bros Advisors Lp decreased Immunogen Inc. Since August 1, 2017, it had 0 insider purchases, and 1 insider sale for $77,768 activity. The insider Yoo K. Phil sold 3,785 shares worth $77,768. [Full Article...]
No One Died In Commercial Passenger Jet Accidents In 2017
Notable events that were excluded from the report include the death of a New Zealander from a jet blast at St Maarten's airport and a cargo plane accident in Kyrgyzstan when an aeroplane overran the runway and killed 35 people on the ground. [Full Article...]
Dudes rejoice: Recreational marijuana finally legal in California
California, the most populous USA state, began the nation's medical marijuana trend in 1996, and holds an outsized influence in national policy as it begins recreational marijuana sales under an initiative approved by voters in 2016. Customers are able to buy up to an ounce, or 28 grams, of raw cannabis or its equivalent at a time. With the legalization of recreational marijuana the market is ... [Full Article...]