Markets

U.S. investigates Facebook over privacy practices

U.S. investigates Facebook over privacy practices Facebook's privacy practices are being questioned on both sides of the Atlantic after revelations that Cambridge Analytica got the cache of information about Facebook users from British researcher Alexsandr Kogan, who had been authorized by Facebook to collect the data as part of an academic study. [Full Article...]

Sensex rises over 200 points; Nifty near 10200

Sensex rises over 200 points; Nifty near 10200 The 30-share index was however trading at 33,139.48 at 1115 hrs, showing a gain of 73.07 points, or 0.22 per cent. Participants indulged in value-buying in shares of beaten-down counters like bank, financial and metal as signs of some easing in trade war rekindled positive sentiments on global bourses. [Full Article...]

Mooted Sea of Thieves death cost shelved

Mooted Sea of Thieves death cost shelved The idea was that you'd be dinged for dying out in the world to skeletons or sharks, not against other players, and the severity of the charge would depend on the cause of death. In the post, Neate also highlighted the main issues Rare has come across with Sea of Thieves now it is up and running, picking up especially on player griefing: "We are very aware of the topic of persistent player gri... [Full Article...]

Global Trading Giants Dip Toes in China Oil Futures on Debut Day

Global Trading Giants Dip Toes in China Oil Futures on Debut Day Stephen Innes, head of trading for Asia-Pacific at futures brokerage Oanda in Singapore said there was "considerable resistance" as current or higher prices opened the possibility that even more U.S. The market launched on Monday with greater-than-expected volumes and trading activity from western traders and Chinese state majors. Experts see China's yuan-dominated contracts as historic as t... [Full Article...]

Johnson Financial Group LLC Buys 661 Shares of Microsoft Co. (MSFT)

Johnson Financial Group LLC Buys 661 Shares of Microsoft Co. (MSFT) Westwood Grp Incorporated Inc invested 0.91% of its portfolio in Microsoft Corporation (NASDAQ: MSFT ). It has outperformed by 17.82% the S&P500. Davis R M Inc, which manages about $2.84 billion and $2.42 billion US Long portfolio, decreased its stake in Pepsico Inc (NYSE:PEP) by 4,151 shares to 387,800 shares, valued at $43.21M in 2017Q3, according to the filing. [Full Article...]

Foxconn subsidiary to buy Belkin International for $866 million

Foxconn subsidiary to buy Belkin International for $866 million It appears Belkin and its brands will be run separately from Foxconn, with the press release noting Belkin CEO Chet Pipkin and his executive team will continue to manage the company. “This move will accelerate our vision of delivering technology that makes the lives of people around the world better, more convenient and more fulfilling. [Full Article...]

Melrose Industries Attacks GKN After Dana Boosts Merger Offer

Melrose Industries Attacks GKN After Dana Boosts Merger Offer GKN has offered to break itself up, merging its Driveline business with America's Dana, keeping aerospace and selling off other assets. The British company would then focus on its aerospace business. As a result, the total cash consideration is approximately $1.77 billion (£1.28 billion), along with the assumption of approximately $1.0 billion (£700 million) of IAS 19 net pension liabilities, and ... [Full Article...]

Government shells out £100m for pothole menace

Government shells out £100m for pothole menace Northamptonshire County Council is set to receive £1.63 million from the latest money. "Councils need enough funding to adopt long-term plans for roads maintenance, as repairing streets only as they become risky can only ever be a short-term solution". [Full Article...]


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