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Zimbabwe cuts import tax on petrol, diesel to reduce pump price

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The oil ministry plans to cut excise duty on petrol and diesel in the forthcoming 2018-19 budget to cushion consumers from the impact of rising oil prices, two oil ministry officials told Reuters yesterday. Under the new tax regime, the maximum tax imposed on petrol and diesel will be capped at 28 per cent. When compared to other metros in the country, the price of petrol and diesel in Delhi is the lowest of all. Read More »

Swiss firm Richemont offers €2.8bn to buy Yoox Net-A-Porter

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Whilst Richemont has always been an early investor in the Net-a-Porter business with a minority stake in 2002, the latest bid will bring it full circle to form the world's largest and most powerful fashion e-tailer to date. "As part of our group, YNAP Group would continue to operate as a separate business, ensuring it remains a neutral and highly attractive platform for third party luxury brands". Read More »

Johnson & Johnson (NYSE:JNJ) Shares Sold by Rand Wealth LLC

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The stock increased 0.14% or $0.23 during the last trading session, reaching $162.6. Many analysts are providing their Estimated Earnings analysis for Johnson & Johnson and for the current quarter 19 analysts have projected that the stock could give an Average Earnings estimate of $1.72/share. Read More »

Bank of Japan Sticks to View on 2% Inflation

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Soft inflation expectations, or public perception of future price rises, have hampered the BOJ's efforts to use its huge money printing to eradicate Japan's sticky deflationary mindset and nudge households into boosting spending. "The BOJ will keep reducing bond purchases as that's the reason for introducing the yield curve control", said Genji Tsukatani, portfolio manager at JPMorgan Asset Management in Tokyo . Read More »

U.S. stock index futures slip after government shutdown continues

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The Dow is up 6.29 points or less than a tenth of a % at 26,078.01, the Nasdaq is up 33.28 points or 0.5% at 7,369.66 and the S&P 500 is up 7.65 points or 0.3% at 2,817.95. However, the issue of protections for illegal immigrants brought to the country as children could doom the short-term spending bill in the Senate. Schumer has expressed support for a bill funding the government for just a few days in order to keep both sides at the negotiating table. Read More »

Polar Capital Holdings plc (POLR) Insider Sells £1942500 in Stock

Separately, Numis Securities reaffirmed a buy rating and set a GBX 215 ($2.92) price target on shares of Ten Entertainment Group in a report on Monday, October 9th. About 292,154 shares traded. MidSouth Bancorp, Inc. (MSL) has risen 37.43% since January 22, 2017 and is uptrending. It has underperformed by 11.09% the S&P500. Read More »

USA orders extra air cargo screening on flights from the Middle East

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Airports in Egypt , Jordan, Qatar, Saudi Arabia and the United Arab Emirates will all have to comply with what's known as Air Cargo Advanced Screening - ACAS - a more thorough examine of cargo boarding the plane. An example given by officials was someone spending $500 to ship a $100 printer that's already available in the US from a country with terrorist activity through one of these five countries. Read More »

'12 Strong' tells a different story

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The men in the unit that until very recently was under his command - he is in the midst of a transfer to a less-dangerous gig in the Army - are conducting drills in a river under the temporary leadership of Chief Warrant Officer Hal Spencer ( Michael Shannon ) and do not learn of what has transpired until they are done. Read More »

Senate Votes To End Government Shutdown

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The bill does not provide protections for Dreamers-undocumented immigrants who came to the United States as children. The Senate voted 81-18 to end debate on what would be the fourth stopgap funding bill, called a continuing resolution, that would end the shutdown and keep the government running at 2017 spending levels through February 8. Read More »

Wynn Resorts Ltd. Earnings Rise 184% In Q4

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Finally, Telsey Advisory Group reaffirmed a "market perform" rating and issued a $157.00 price target (up previously from $150.00) on shares of Wynn Resorts in a report on Monday, October 2nd. Oregon Employees Retirement Fund accumulated 8,306 shares. Legal & General Grp Plc accumulated 379,123 shares. Since August 10, 2017, it had 0 insider buys, and 4 insider sales for $601,263 activity. Read More »

Japan holds evacuation drill amid tension from North Korea

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But a drill simulating a North Korean missile attack on Tokyo is still a novel idea, although similar drills were held in other parts of Japan past year. "The drill allowed people in an urban setting to have a specific image of how to react when a missile is launched", Hiroyuki Suenaga, a Cabinet Secretariat counselor, said after the exercise. Read More »

UBS shareholders set for bigger payout despite U.S. tax overhaul hit

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The group highlighted it began to more closely align the businesses two years ago and said it has made good progress converging the Chief Investment Office, UHNW and Global Family Office segments into global organisations. Instead, it committed to growing the dividend by mid-to-high single digit per cent per year. The wealth management business reported pre-tax earnings of 488 million francs ($508 million), compared with company-compiled estimates for 569 million francs. Read More »

Trump makes first big trade move with tariffs aimed at Asia

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The 30 percent initial tariff will decrease in 5 percent increments annually over four years, with a 15 percent tariff remaining by 2022. SolarWorld said it "appreciates the hard work of" Mr Trump, the US Trade Representative and is "hopeful" the tariffs will be enough to rebuild solar manufacturing in the US. Read More »

First clip from Marvel's Black Panther features T'Challa and Shuri

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One comes from supporting actor Forest Whitaker , who chatted with Variety (who spelled his name wrong...) about his role as Zuri the mentor/advisor/spiritual figure in the upcoming film. The viral hashtag #BlackPantherChallenge , started by New York's Frederick Joseph, inspired people everywhere to help raise money for kids to see Marvel's highly-anticipated movie , Black Panther . Read More »

Rob Gronkowski victim of cheap shot by Jaguars? NFL reaction

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Gronkowski missed the Super Bowl past year with a back injury, yet the Patriots went on to win the Super Bowl without him. Gronkowski was hit in the head by Jaguars safety Barry Church toward the end of the second quarter. Brady completed 26 passes in the AFC Championship Game against Jacksonville. The All-Pro tight end produced 21 receiving yards on one catch in the first half. Read More »

Short Term Outlook For Netflix, Inc. (NASDAQ:NFLX)

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Among 55 analysts covering Netflix (NASDAQ: NFLX ), 39 have Buy rating, 2 Sell and 14 Hold. Pivotal Research maintained the shares of NFLX in report on Thursday, January 19 with "Buy" rating. Platinum Investment Management Ltd sold 1.47 million shares as Ebay Inc (EBAY)'s stock rose 0.21%. The shares were sold at an average price of $187.94, for a total value of $187,940.00. Read More »

Montana mandates 'net neutrality' for state contracts

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Fighting back against the deregulation of the FCC, Montana Governor Steve Bullock has signed an executive order that will preserve crucial net neutrality in his state. The FCC's repeal of net neutrality rules scrapped the US-wide regulations, and it preempts state and local governments from enacting their own, similar net neutrality rules. Read More »

Juno Therapeutics Inc (JUNO) EVP Sells $1998677.91 in Stock

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The day began at US$1.36 but the price moved to US$1.36 at one point during the trading and finally capitulating to a session high of US$1.36. Worldwide law firm Proskauer represented longtime client Celgene Corporation ( NASDAQ: CELG ) in its definitive agreement to acquire Juno Therapeutics, Inc . Read More »

Former Assistant Police Chief Told Recruit 'If Black Shoot Them'

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Jefferson County Attorney Mike O'Connell then notified the city's mayor about the messages, according to WLKY , telling the mayor he had "serious concerns" about Shaw. Shaw, who'd spent 20 years as a Louisville officer, was booted from the Prospect force last year, one day after O'Connell sent the letter. The prosecutor said his office would not move forward with any pending cases in which Shaw was involved. Read More »

Sobeys CEO vows best home delivery 'on the planet' with Ocado partnership

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It is the second major global partnership to be signed by Ocado in recent months, having announced a partnership with French supermarket giant Groupe Casino late past year. Sobeys operates more than 1,500 stores across Canada and recorded sales of $23.8 billion past year. However, it added, in full year 2019 and beyond the profitability of Ocado Solutions is likely to grow as the fees from the transaction increase, and as other deals are signed. Read More »

AAPL Stock In The Red As Analyst Commentary Remains Bearish

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FNY Managed Accounts LLC grew its holdings in Apple by 852.4% during the 2nd quarter. A 6.1-inch iPhone with an LCD display would likely be more profitable than iPhone X at a reduced price. We reached out to Apple for comment on the internal memo and upgrade eligibility, and we'll update this article as soon as we hear back. Fubon Securities analyst Arthur Liao told investors recently that the iPhone X sales were "far below expectations" as there was "no exciting super cycle". Read More »

Rowley Law PLLC is Investigating Proposed Acquisition of Bioverativ Inc — ALERT

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The business's revenue was up 27.2% compared to the same quarter last year. equities analysts forecast that Bioverativ Inc will post 2.69 EPS for the current fiscal year. However, some analysts questioned the cost. "Indeed, with evidence abound [ing] even now that this space is large enough for many players, we have viewed Bioverativ's growth as relatively solid and safe". Read More »

'Blood everywhere': Woman dies after falling from cruise balcony

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An active investigation is underway to determine how a woman fell to her death on a Jacksonville-based cruise ship. Maureen La Bryer got a text from her daughter, Megan Burdewick, saying her cabin was near the woman's room and "there was blood everywhere", the Miami Herald reported. Read More »

International Monetary Fund head: Current recovery of global economy - cyclical

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The recent USA tax legislation will contribute noticeably to U.S. growth over the next few years, largely because of the temporary exceptional investment incentives that it offers, he said. Beijing is attempting to move the economy away from fast but unsustainable growth based on massive investment to slower, steadier growth built around consumer spending. Read More »

India's Modi heads to Davos to woo more foreign investors

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Worldwide co-operation of "crucial shared interests" such as worldwide security, the environment and the global economy have been named as the priority. President Donald Trump's participation at the Forum could be thrown into question now that the federal government has partially shut down over budget wrangling, the White House said. Read More »

Dublin hotel bans all bloggers following social media dispute

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In return, she said, she would "feature you in my YouTube videos/dedicated Instagram stories/posts to bring traffic to your hotel and recommend others to book up". Dear Social Influencer (I know your name but apparently it's not important to use names), Thank you for your email... "In future, I'd advise you to offer to pay your way like everyone else, and if the hotel in question believes your coverage will help them , maybe they'll give you a complimentary upgrade to a suite", ... Read More »

Dixons Carphone boosted by iPhone X sales

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Shares in Dixons Carphone are higher this morning as stellar Christmas trading figures and the announcement of a new CEO offset a narrowing of FY guidance. He will report to Alex Gourlay, Co-Chief Operating Officer for Walgreens Boots Alliance. The group warned last month that it may look to shut stores after being hit by a 3pc fall in half-year sales at the troubled mobile division, which contributed to a 60pc plunge in half-year profits. Read More »

Australian Open: Drama-free Madison Keys Storms Through to Second Week

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Other top women taking the headlines suits the 17th seed fine, who was under the spotlight throughout her run to the final of her home Grand Slam past year, when she lost to Sloane Stephens. "Actually, this tournament looks like a marathon for me", she said, after spending nearly nine hours on court so far, more than any other player. "I think overall I was playing really well and pretty smart", said Keys. Read More »

Nigeria, Saudi record biggest increase in oil output

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Despite the cuts , the rig count in 2017 and early this year remains much higher than in 2016, resulting in a 16-percent rise in USA crude oil production since mid-2016, to 9.75 million barrels per day (bpd). The forecasts have projected US sanctions could threaten several hundred thousand barrels per day of Iranian oil production, but unilateral action from Washington won't be as effective as the coordinated worldwide sanctions from years ago. Read More »

Julia accepts record-breaking SAG Award from home

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Just minutes later, Julia was honored again as part of the cast of Veep , which won Best Ensemble in a Comedy Series. Her twin win at the 24th annual awards ceremony brought the actors award tally to a total of nine, making her the artiste to have the highest SAGs till date. Read More »

Arsenal still in contract talks with Jack Wilshere - Arsene Wenger

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As well as Gunners stars Alexis Sanchez and Mesut Ozil , the midfielder faces an uncertain future as his current deal expires at the end of the season. "It's easy for me to empathise or say good things about a guy like Arsene Wenger because I can't really understand what there is to say that is not good about him". Read More »

Bloodied Ronaldo scores twice as Real rout of Deportivo

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We began well, although they scored at a throw-in. The easy win followed a series of poor results that all but ended Madrid's title chances. Ronaldo, who once claimed people were envious of him "because I'm rich, handsome and a great player", was left with his entire face drenched in blood and required treatment on the pitch immediately after scoring. Read More »

NJ anti-abortion marchers turn out with Trump on their side

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Every Republican president since Ronald Reagan, who introduced the plan, has supported the policy. The Department of Health and Human Services (HHS) has also reversed Obama-era legal guidance that discouraged conservative states from trying to defund organisations that provide abortion services, such as Planned Parenthood . Read More »