Markets
Amazon Is Considering Buying Some Empty Toys 'R' Us Stores
Under trade agreements, vendors were required to ship goods to Toys "R" Us on unsecured trade credit. Additional stores would give Amazon space to showcase its popular Echo line of devices, which run on the Alexa voice-activated platform. [Full Article...]
'Turning point' as inflation falls to seven-month low
Bank of England Governor Mark Carney said confirmation of a transition deal, which should give some certainty to businesses, could make the bank reassess its outlook for the economy. The fall in food price growth was partly down to a shortage of salad and vegetables previous year when bad weather hit crops in southern Mediterranean countries, the ONS said. [Full Article...]
Direct Line Insurance Group (DLG) Receives "Buy" Rating from Investec
Svcs Automobile Association holds 0.02% or 193,990 shares. National Bank Of America Corporation De invested in 4,835 shares. Counselors Incorporated owns 160,597 shares or 0.3% of their U.S. On Thursday, January 21 the stock rating was reinitiated by Canaccord Genuity with "Buy". GYM Group (LON:GYM) had its target price hoisted by Peel Hunt from GBX 260 ($3.59) to GBX 300 ($4.14) in a report iss... [Full Article...]
How major USA stock indexes fared Monday
The Dow Jones Industrial Average was down 1.01 percent at 24,694.52, weighed down by industrial stocks. He estimated that $5 billion in annual revenue for Facebook might be a risk and said the situation could create problems for other tech companies, especially Twitter and Alphabet's YouTube unit. [Full Article...]
Swiss cities hold their places among world's best for quality of life
The survey is based on 39 factors, which are grouped under 10 categories including, healthcare, education, transport and housing. Singapore (25) and Montevideo (77) were the highest ranking cities in Asia and Latin America respectively. Mercer has not yet revealed if its ranking changed this year. "Multinational companies need a full picture of conditions on the ground to help calculate fair and... [Full Article...]
Uber suspends self-driving vehicle testing after cyclist is killed
Note here, that the Uber vehicle had a human safety driver at the wheel, in order to shut down the self-driving mode in case of an emergency. On Sunday evening 49 year old Elaine Herzberg from Tempe , Arizona was struck by a Volvo XC90 which was reportedly in autonomous mode with an operator behind the wheel. [Full Article...]
Gold futures remain weak on negative global cues
EST (1733 GMT) [GOL/]. Holdings at the SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, holdings rose 1.26 per cent, their best one-day rise since January 18, to 850.84 tonnes on Monday from 840.22 tonnes on Friday. US stocks joined a broad decline in global equity markets on Monday as traders turned cautious ahead of the Federal Reserve's policy meeting this week and amid ... [Full Article...]
Melrose bids to woo GKN takeover opponents with pension concession
However, with characteristic bluntness, Melrose has dismissed GKN's move as "hastily-assembled and ill-considered proposals", which would "destroy" potential value and add significant risk, not just for shareholders but in the underlying businesses themselves. [Full Article...]