Markets
'It' Factor: Stephen King's Thriller Knocks 'Em Dead at the Box Office
The new freaky-scary film by that title broke records over the weekend as the largest September opening and largest opening for an R-rated horror film in North American theaters, industry websites reported Sunday. The Weinstein Co.'s Wind River rounded out the top five with $3.2-M for a domestic take of $25-M. After enduring the horror show known as the 2017 summer movie season, the North Amer... [Full Article...]
Supreme Court asks Jaypee to deposit Rs2,000 crore to protect homebuyers
A rather lengthy hearing in the Jaypeee Infratech case in Supreme Court today brought to fore the possible ambiguity in implementation of the new Insolvency and Bankruptcy Code. It had also asked the Attorney General to assist it in deciding a batch of petitions opposing the insolvency proceedings and seeking the protection of home buyers' interests. [Full Article...]
Petra Becomes Latest Firm To Face Trouble In Tanzania
Williamson is 25% government owned and Petra bought the majority stake from De Beers in 2009. A parcel of 71,654.45 carats of diamonds from the Williamson mine in Tanzania has been blocked from being exported to Petra's marketing office in Antwerp. [Full Article...]
Putin condemns North Korea's nuclear test, calls for talks
Haley made the comments at the end of an emergency UN Security Council meeting during which members condemned North Korea's latest nuclear test. U.S. President Donald Trump had also asked to be briefed on all available military options, according to his defense chief. [Full Article...]
Bitcoin Falls After Report Claims China Orders Exchanges to Shut
According to sources quoted by The Wall Street Journal , Chinese people were using bitcoin to bet against the value of the yuan and move money outside the country, and the authorities made a decision to issue the ban because the bitcoin market was creating "too much disorder". [Full Article...]
How Tesla Is Helping Florida Drivers Escape Hurricane Irma
That's due to Tesla using an unforeseen feature of their over-the-air software update system. Some of Tesla's Model X and S vehicles that were introduced in 2016 come with 75 kilowatt-hour batteries that are software-limited to only offer 60 or 70 kilowatt hours, capable of 200 to 230 miles per charge. [Full Article...]
Crisis-hit Carillion's finance chief quits as shake-up ordered
She has been at Carillion since 2008 and has held several senior positions, including chief financial officer of Carillion Canada. Keith Cochrane is now standing in as a replacement for Mr Howson as interim chief executive until a permanent replacement can be found. [Full Article...]
Shares in Astrazeneca PLC (AZN) Acquired by Adage Capital Partners GP LLC
The Weiss Multi-Strategy Advisers Llc holds 20,000 shares with $546,000 value, down from 70,000 last quarter. About 1.76 million shares traded. The stock decreased 8.01% or GBX 2.2 on September 8, reaching GBX 25.25. Hilton Worldwide Holdings has $80 highest and $23 lowest target. Volume was up 26.31% over the stocks average daily volume. The company was downgraded on Monday, February 8 by HBSC. [Full Article...]