Markets
Bookmaker William Hill forecasts annual profit above estimates
Operating profits for the year are estimated to have been between £143m ($186m) and £148m ($192m). Finally, JPMorgan Chase & Co. cut their target price on shares of William Hill from GBX 180 ($2.37) to GBX 170 ($2.24) and set a "neutral" rating on the stock in a research report on Wednesday, November 27th. [Full Article...]
Google acquires Pointy to help SMBs list product inventory online
It makes a " Pointy Box" that connects to a shop's barcode scanner and automatically lists the shop's products online, optimising them for search engines. "It seemed insane to us that people had to wait two days for Amazon to deliver a product that could be 100 yards away in a local store". "The deal is subject to customary closing conditions, and is expected to close in the coming weeks", he sai... [Full Article...]
Met Office issues yellow weather warning for strong winds in North Somerset
The Met Office has extended a wind weather warning. In Norwich gusts of 30mph are expected at 1pm, gradually increasing over the course of the afternoon and evening to reach 50mph from 8pm onwards. The winds will ease from the west during Tuesday night. The yellow weather alert comes into force at noon on Monday and remains in place until 11.59pm. [Full Article...]
Oil Prices Rise Ahead Of Trade Deal, Likely Stock Draw
Brent crude was down 11 cents, or 0.19%, at $64.08 per barrel by 0916 GMT. Oil prices turned negative for the year after dropping on Monday as traders and investors focused on the possibility of oversupply in crude amid dissipating tensions that initially threatened tanker movements in the Middle East. [Full Article...]
US Adds 145,000 Jobs; Jobless at 3.5 Percent
The Canadian economy added 35,200 in December, compared to economists' expectations of 25,000 new jobs. This marks the largest employment loss in the sector since January 2016, when almost 17,000 jobs were eliminated. Unemployment in the region was recorded at 6% in November, with 2,500 unemployed. Unemployment rates fell for nearly all categories, with the exception of men aged 55 and over, w... [Full Article...]
China’s exports end 2019 up 0.5% despite USA tariff war
Over the previous 11 months of 2019, Chinese exports to Russian Federation increased 2.7 percent year-on-year to $44.58 billion, while its imports from Russian Federation totaled $55.74 billion, which is a 3.5 percent increase compared to the same period in 2018. [Full Article...]
Aston Martin investment talks gather pace
However, the talks may lead to a technological partnership instead of a full investment, one of the four said. Geely's chairman Li Shufu, owns a 9.69% stake in Mercedes-Benz parent Daimler. Geely sells an array of cars under its Lotus, PROTON and Volvo brands. Aston is hoping to base its recovery on the DBX, a sport utility vehicle that will be built at a new facility in Saint Athan, Wales. [Full Article...]
Deficit balloons to $356.6 billion in first quarter of fiscal year
That compared to a budget deficit of $13.5 billion in the same month the year earlier, according to the Treasury's monthly budget statement. In its monthly budget report, the Treasury Department said Monday that the deficit from October through December totaled $356.6 billion, up from $318.9 billion for the same period a year ago. [Full Article...]