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Stories about Money

May 10 2018

Nestle makes big bet on America's thirst for coffee

He added, "With Starbucks , Nescafe and Nespresso we bring together three iconic brands in the world of coffee". FBN's Cheryl Casone on Netsle's new deal with Sta...

May 10 2018

A Gulf between Gulf nations over Oil - Iran and Saudi Arabia

The "Vienna" production agreement, in place since early 2017, removed 1.8 million barrels a day from the market with both Saudi Arabia and Russian Federation giving up ...

May 10 2018

Telstra halts sales of ZTE-made handsets

The ban came as huge blow to the company, seeing that 25 to 30 percent of its components came from companies in the U.S. According to analysts, even if ZTE can manage to ...

May 09 2018

Billionaire Investor Warren Buffet Criticises Prefers Stocks Over Bitcoin

He told the journalists: "As an asset class, you're not producing anything and so you shouldn't expect it to go up". At a time when Bitcoins and other cryptocurrencies...

May 09 2018

Takeda, a Japanese drug maker company to buy Shire at $62 billion

The final deal is about 46 percent cash and 54 percent stock, leaving Shire shareholders owning about half of the combined company. Executives of the two companies ha...

May 08 2018

Will pause in upward spiral of gas prices continue?

Today's national average price for a gallon of gasoline is $2.81, which is the same as one week ago . AAA Michigan surveys daily fuel prices at 2,800 gas stations ...

May 07 2018

DFS Furniture plc (LON:DFS) Rating Changes as of May 5, 2018

Synovus Corporation has invested 0% in DFS Furniture plc (LON:DFS). Swiss Retail Bank owns 111,800 shares for 0% of their portfolio. Spark Invest Limited Liability Compan...

May 05 2018

U.S. dollar drops after Fed statement

In other words, two percent is not viewed as a ceiling for inflation . Theoretically, this should somewhat curtail capital outflows from emerging markets. In the near te...

May 05 2018

Camille Cosby Blames Media for Husband's Conviction, Calling It 'Mob Justice'

She angrily called her husband's chief accuser, Andrea Constand , a liar and called for a criminal investigation into the prosecutor behind her husband's sexual assau...

May 05 2018

Watch out, Tinder, Facebook is getting into online dating

That's according to CEO Mark Zuckerberg , who announced that his company will begin rolling out a new dating feature during the social network's F8 developer confer...

May 03 2018

Apple's services revenue surges 31% in Q2

Share buybacks, which are reaching record levels, are great for investors, including executives and employees, because they reliably lift stock prices by limiting the sup...

May 02 2018

Oil prices steady but supported by Iran concerns

Trump has until May 12 to decide whether to restore sanctions on Iran that were lifted after the global agreement. Brent crude futures, the global benchmark, dipped 39 ...

May 01 2018

Fed not ready to declare mission accomplished on inflation

Outgoing New York Fed President William Dudley told CNBC on April 16 that the central bank might have to alter its strategy of gradual rate increases "if inflation were...

Apr 30 2018

Real Madrid 2 v Leganes 1 - story of the match

The trio of Kovacic, Ceballos and Llorente played in midfield while Gareth Bale , Karim Benzema and Borja Mayoral played as the front three. Arjen Robben is faci...

Apr 30 2018

Axis Bank ups borrowing limit to Rs 2 lakh crore

The net interest income for the quarter remained unchanged for the quarter at Rs. 4,731 crore in Q4FY17 vs Rs. 4,731 crore in Q3FY18 and Rs. 4,729 crore in Q4FY17. "With ...

Apr 30 2018

Tom Brokaw Denies Former Reporter's Sexual-Harassment Allegations

Around noon Friday, NBC News's Tom Brokaw responded via email to an interview request from the Erik Wemple Blog regarding allegations against him in The Post an...

Apr 27 2018

Ford accelerates cost-cutting plan, will drop most USA sedans

Ford said Wednesday - when it announced first-quarter results - it's aiming for an additional $11.5 billion in cost cuts and efficiencies, bringing the total to $25.5...

Apr 27 2018

Facebook to clearly label political advertising in Britain, CTO says

Facebook's chief executive also reiterated the social network's pledge to beef up its security and content review teams - a mix of full-time employees and contractors - t...

Apr 27 2018

Weaker eurozone growth due to trade tensions, European Central Bank chief says

Interest rates on the main refinancing operations were unchanged at 0.00 percent, according to a statement from the ECB's Governing Council. "Despite emphasising downsi...

Apr 25 2018

Global cues, index heavyweights lift equities; metals slump

Meanwhile, shares of Tata Consultancy Services (TCS) on Monday surged over 4 per cent, following which the IT major became the first listed Indian company to hit market...