Economy 20
Amazon set to blow past a $1 trillion valuation after topping analysts’ earnings expectations
31 Jan 13:54 • 4 articles
Amazon set to blow past a $1 trillion valuation after topping analysts’ earnings expectations
Amazon shares tore as much as 11% higher in early Friday trading, pushing the company’s market valuation above $1 trillion for the first time since July.
31 Jan 13:54 • Business Insider Malaysia • 8325046882259288819.htmlAmazon set to blow past a $1 trillion valuation after topping analysts' earnings expectations
Amazon shares tore as much as 11% higher in early Friday trading, pushing the company’s market valuation above $US1 trillion for the first time since July.
31 Jan 13:54 • Business Insider Australia • 5575934300018819827.htmlAmazon set to blow past a $1 trillion valuation after topping analysts' earnings expectations, Business Insider - Business Insider Singapore
Business Insider - The company previously touted $1 trillion valuations in September 2018 and July 2019, though the milestones were quickly lost as shares tumbled.. Read more at businessinsider.sg
31 Jan 13:54 • www.businessinsider.sg • 5090408755674858227.htmlAmazon blows past a $1 trillion valuation after topping analysts' earnings expectations (AMZN)
Amazon shares soared as much as 11% in early Friday trading, driving the company's market valuation above $1 trillion for the first time since J...
31 Jan 08:57 • Business Insider • 3364799147198604059.htmlMacy's is launching a new store concept that's masterminded by the woman behind buzzy concept store, Story
31 Jan 11:19 • 4 articles
Macy's is launching a new store concept that's masterminded by the woman behind buzzy concept store, Story
Macy’s is preparing to open a new retail concept in Texas.
31 Jan 11:19 • Business Insider Australia • 5575934301081583347.htmlMacy's is launching a new store concept that's masterminded by the woman behind buzzy concept store, Story
Macy's is in the process of hiring employees to work at its new store in the upscale town of Southlake, Texas.
31 Jan 11:19 • Business Insider • 6060062400506380019.htmlMacy’s is launching a new store concept that’s masterminded by the woman behind buzzy concept store, Story
Macy’s is preparing to open a new retail concept in Texas.
31 Jan 11:19 • Business Insider Malaysia • 8325046883322052339.htmlMacy's is launching a new store concept that's masterminded by the woman behind buzzy concept store, Story, Business Insider - Business Insider Singapore
Business Insider - Macy's is in the process of hiring employees to work at its new store in the upscale town of Southlake, Texas.. Read more at businessinsider.sg
31 Jan 11:19 • www.businessinsider.sg • 5090408756737621747.htmlCanadian billionaire Lawrence Stroll leads group buying stake in Aston Martin
31 Jan 12:48 • 4 articles
Canadian billionaire Lawrence Stroll leads group buying stake in Aston Martin
Stroll will become the iconic car company’s executive chairman; consortium, which also includes André Desmarais, will initially buy a 16.7 per cent interest with plans to raise that to 20 per cent
31 Jan 12:48 • The Globe and Mail • 68426410467924645.htmlBillionaire F1 owner leads major rescue deal for sport car maker Aston Martin
Luxury sports car maker Aston Martin Lagonda has agreed to sell a £182 million stake to a consortium led by a Canadian billionaire as part of a major fundraiser to protect the future of the British manufacturer.
31 Jan 09:02 • THE SCOTSMAN • 4778851489546379685.htmlBillionaire F1 owner leads rescue deal for 007 sport car maker Aston Martin: reaction
Luxury sports car maker Aston Martin Lagonda has agreed to sell a £182 million stake to a consortium led by a Canadian billionaire as part of a major fundraiser to protect the future of the British manufacturer.
31 Jan 09:02 • THE SCOTSMAN • 4778851490648956999.htmlRacing Point F1 team renamed Aston Martin from 2021
The Racing Point F1 team will be rebranded Aston Martin from 2021, James Bond's favourite carmaker confirmed after securing a large cash injection to get back on track.
31 Jan 13:15 • Sport • 682566034366562312.htmlEconomic slowdown bottomed out, uptick from here onwards: CEA K V Subramanian after Economic Survey
31 Jan 16:00 • 4 articles
Economic slowdown bottomed out, uptick from here onwards: CEA K V Subramanian after Economic Survey
Chief Economic Adviser K V Subramanian on Friday said India's GDP is expected to grow at 6-6.5 per cent next fiscal as the economic slowdown has bottomed out.
31 Jan 16:00 • Deccan Herald • 2027555798019631872.htmlSlowdown bottomed out, GDP expected to grow at 6.5 per cent: Chief Economic Adviser
The Economic Survey has projected the GDP to expand by 6-6.5 per cent
31 Jan 14:16 • Deccan Chronicle • 7881006363877281251.htmlEconomic survey: Slowdown bottomed out, uptick from here onwards, says CEA
The Economic Survey 2019-20, prepared by a team lead by Subramanian, has projected the GDP to expand in the range of 6-6.5 per cent during 2020-21
31 Jan 10:30 • Business-Standard • 1502508926481144756.html‘Buying a gun easier than opening a restaurant in Delhi: Chief Economic Advisor’
Analogy given by Chief Economic Advisor for improving the ease of doing business in India
31 Jan 16:14 • BusinessLine • 5283601606314017.htmlLuxury home prices in Manhattan have tumbled to their lowest level in years, and it proves that sellers are still struggling to offload prime real estate
31 Jan 13:15 • 3 articles
Luxury home prices in Manhattan have tumbled to their lowest level in years, and it proves that sellers are still struggling to offload prime real estate
The price threshold for Manhattan luxury homes fell to $3.8 million at the end of 2019 — the lowest it's been since 2013.
31 Jan 13:15 • Business Insider • 6060062399378651292.htmlLuxury home prices in Manhattan have tumbled to their lowest level in years, and it proves that sellers are still struggling to offload prime real estate
The price threshold for Manhattan luxury homes fell to $US3,816,835 in the fourth quarter of 2019, according to a report by the real-estate listing platform, StreetEasy.
31 Jan 13:15 • Business Insider Australia • 5575934299953854620.htmlLuxury home prices in Manhattan have tumbled to their lowest level in years, and it proves that sellers are still struggling to offload prime real estate, Business Insider - Business Insider Singapore
Business Insider - The price threshold for Manhattan luxury homes fell to $3.8 million at the end of 2019 — the lowest it's been since 2013.. Read more at businessinsider.sg
31 Jan 13:15 • www.businessinsider.sg • 5090408755609893020.htmlNational Statistical Office revises growth down to 6.1% for 2018-19
31 Jan 12:58 • 3 articles
National Statistical Office revises growth down to 6.1% for 2018-19
“Real GDP or GDP at constant (2011-12) prices for the years 2018-19 and 2017-18 stand at ₹139.81 lakh crore and ₹131.75 lakh crore, respectively.”
31 Jan 12:58 • The Hindu • 6679535025764387432.htmlOh! GDP grew only 6.1% - not 6.8% - last fiscal, says MOSPI
GDP figures for financial year 2017-18 were also revised downwards to 7 per cent, from 7.17 per cent reported earlier
31 Jan 13:00 • Business Today • 1145527430875034737.htmlGDP growth for FY19 revised downwards to 6.1% from 6.8% estimated earlier
"Real GDP or GDP at constant (2011-12) prices for the years 2018-19 and 2017-18 stand at Rs 139.81 trillion and Rs 131.75 trillion, respectively
31 Jan 12:42 • Business-Standard • 1502508924778836073.html10 things you need to know before the opening bell
31 Jan 12:29 • 3 articles
10 things you need to know before the opening bell
Here’s what you need to know before the markets open:
31 Jan 12:29 • Business Insider Australia • 5575934301534068015.html10 things you need to know before the opening bell
Here’s what you need to know before the markets open:
31 Jan 12:29 • Business Insider Malaysia • 8325046883774537007.html10 things you need to know before the opening bell, Business Insider - Business Insider Singapore
Business Insider - This is what traders are talking about.. Read more at businessinsider.sg
31 Jan 12:29 • www.businessinsider.sg • 5090408757190106415.htmlUS: Annual core PCE Price Index ticked up to 1.6% in December as expected
31 Jan 13:42 • 3 articles
US: Annual core PCE Price Index ticked up to 1.6% in December as expected
Inflation in the United States, as measured by the Personal Consumption Expenditures (PCE) Price Index, rose 0.3% on a monthly basis in December follo
31 Jan 13:42 • FXStreet • 4480975639959434199.htmlUSD/CHF drops below 0.9700 as markets remain risk-averse
The USD/CHF pair erased nearly 40 pips on Thursday and seems to be having a difficult time staging a recovery on Friday. After touching a daily high o
31 Jan 11:18 • FXStreet • 4480975638501218427.htmlNZD/USD finds support near 0.6450, stages modest recovery
The NZD/USD pair closed the fifth straight trading day in the negative territory on Thursday and extended its slide on Friday to touch its lowest leve
31 Jan 13:16 • FXStreet • 4480975639737408591.htmlIt Grows
31 Jan 10:25 • 2 articles
It Grows
Evil had a great holiday season: Amazon now has over 150 million Prime subscribers, the company announced in Q4 2019 numbers released on Thursday. The massive growth numbers sent the company’s market cap surging to over $US1 ($1) trillion and made CEO Jeff Bezos an estimated $US13.2 ($20) billion in a matter of...
31 Jan 10:25 • Gizmodo AU • 3183561246421780294.htmlIt Grows
Evil had a great holiday season: Amazon now has over 150 million Prime subscribers, the company announced in Q4 2019 numbers released on Thursday. The massive growth numbers sent the company’s market cap surging to over $1 trillion (£761 billion) and made CEO Jeff Bezos an estimated $13.2 billion (£9 billion) in a matter of minutes.
31 Jan 10:00 • Gizmodo UK • 8363059001883270016.htmlAssemble in India for world can raise export market by 6 per cent by 2030: Economic Survey
31 Jan 08:47 • 2 articles
Assemble in India for world can raise export market by 6 per cent by 2030: Economic Survey
India must focus on a group of industries, referred to as “network products”, where production processes are globally fragmented and controlled by leading multi-national enterprises (MNEs) within thei
31 Jan 08:47 • BusinessLine • 5283600188925396.htmlEconomic Survey 2019-20: India can chart China-like export trajectory
It calls for integrating ‘Assemble in India for the world’ into Make-in-India
31 Jan 16:39 • The Hindu • 6679535025670939157.htmlAmazon's latest milestone: 150 million Prime members
31 Jan 09:10 • 2 articles
Amazon's latest milestone: 150 million Prime members
Amazon had another prime holiday season.
31 Jan 09:10 • Tech Xplore • 4945708899039131575.htmlAmazon’s latest milestone: 150 million Prime members
Amazon said part of the reason for the jump in Prime members is its promise to deliver more of its goods in one day instead of the two.
31 Jan 08:58 • The Indian Express • 2885715104958364363.htmlCBOT Trends - Corn, soybeans, wheat steady-down 2 cents per bushel
31 Jan 14:07 • 2 articles
CBOT Trends - Corn, soybeans, wheat steady-down 2 cents per bushel
CHICAGO, Jan 31 (Reuters) - Following are U.S. trade expectations for the opening of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CST (1430 GMT) on Friday.WHEAT - Steady to down 2 cents per bushel* Wheat futures mostly lower on risk-off trading ahead of the weekend.* Most-active CBOT March soft red winter wheat futures contract hit resistance at its 20-day moving average during overnight trading session. Consolidation was noted at the 30-day moving average.
31 Jan 14:07 • Successful Farming • 8502642053233084715.htmlGRAINS-Soybeans extend losing streak on coronavirus fears; corn firm, wheat weak
(Recasts, updates with U.S. trading, adds new analyst quote, changes byline/dateline; pvs PARIS/SYDNEY)By Mark WeinraubCHICAGO, Jan 31 (Reuters) - Chicago Board of Trade soybean futures fell on Friday, on track for their ninth straight day of losses, as concerns about the coronavirus cutting into Chinese demand beat back any attempts at a bargain-buying bounce, traders said.
31 Jan 16:26 • Successful Farming • 8502642053842730730.htmlThe pound rises as the UK bids goodbye to EU — but experts say to brace for an up to 7% drop if trade talks falter
31 Jan 12:27 • 2 articles
The pound rises as the UK bids goodbye to EU — but experts say to brace for an up to 7% drop if trade talks falter
The British pound is trading slightly higher as Britain gets ready to leave the European Union tonight.
31 Jan 12:27 • Business Insider Malaysia • 8325046883576710162.htmlThe pound rises as the UK bids goodbye to EU — but experts say to brace for an up to 7% drop if trade talks falter
The British pound is trading slightly higher as Britain gets ready to leave the European Union tonight.
31 Jan 12:27 • Business Insider Malaysia • 8325046882392796219.htmlEco Survey flags disproportionate dwarfism of banks, calls to be efficient
31 Jan 11:05 • 2 articles
Eco Survey flags disproportionate dwarfism of banks, calls to be efficient
The Economic Survey 2019-20 tabled in Parliament by Finance Minister Nirmala Sitharaman noted that despite nationalisation a significant portion of the poor remained unbanked till 2014
31 Jan 11:05 • Business-Standard • 1502508926432730541.htmlEco Survey flags 'disproportionate dwarfism' of Indian banks, calls upon PSBs to become efficient
Flagging 'disproportionate dwarfism' of banks, Economic Survey called upon PSBs to become efficient.
31 Jan 11:46 • The Economic Times • 7653256038479676563.htmlEconomic Survey: Need to address challenges in farm sector to double income
31 Jan 10:28 • 2 articles
Economic Survey: Need to address challenges in farm sector to double income
The food processing sector is growing at an average annual growth rate of more than 5 per cent over the last six years ended 2017-18, it added
31 Jan 10:28 • Business-Standard • 1502508925624999817.htmlNeed to address key challenges in farm sector for doubling farmers' income: Survey
Issues such as investment in agriculture, water conservation, improved yields through better farming practices, access to market, availability of institutional credit, increasing the linkages between agricultural and non-agricultural sectors need urgent attention, it said.
31 Jan 10:04 • The Economic Times • 7653256037102263610.htmlA little-known trucking company surges nearly 58% after Volkswagen makes a surprise offer to buy
31 Jan 14:38 • 2 articles
A little-known trucking company surges nearly 58% after Volkswagen makes a surprise offer to buy
Hardly a household name, truck manufacturer Navistar’s stock rose to sudden popularity Thursday, continuing into Friday’s pre-market trading. Shares surged as much as 57.7% Friday after Volkswagen’s trucking arm, Traton, made an unsolicited offer to buy the company for $US2.9 billion, or $US35 per share, Thursday. Volkswagen, which already owns a 16.76% stake in Navistar, said it would pay entirely in cash. The two companies are some of the biggest in the truck-making industry. But to make the acquisition, Volkswagen will have to get the blessing of activist investor Carl Icahn: The billionaire’s fund owns about 17% of Navistar’s outstanding stock, making Icahn Navistar’s single largest shareholder. The offer comes at a time when the broader trucking manufacturing industry is in a slump, with new orders in decline, The Wall Street Journal previously reported. In its most recent earnings, Navistar’s fourth quarter revenue declined versus the year prior. The stock started the year sliding downwards after it trailed…
31 Jan 14:38 • Business Insider Australia • 5575934301549778096.htmlA little-known trucking company surges nearly 58% after Volkswagen unit makes a surprise offer to buy (NAV)
US truck manufacturer Navistar's shares shot up in pre-market trading Friday, after a Volkswagen unit said Thursday it could buy the company in ...
31 Jan 09:42 • Business Insider • 3364799147502443617.htmlCorporate tax cut to mostly benefit less than 1 pc of companies: Survey
31 Jan 14:34 • 2 articles
Corporate tax cut to mostly benefit less than 1 pc of companies: Survey
The corporate tax cut announced by FM last Sept will benefit less than 1 pc of firms, as per Economic Survey.
31 Jan 14:34 • The Economic Times • 7653256037395194807.htmlCorporation tax cut to benefit 1% firms, SMEs paying lower tax: Eco Survey
With economic slowdown resulting in slippages in direct and indirect tax collections, the Survey said the next financial year is expected to pose challenges on the fiscal front
31 Jan 13:50 • Business-Standard • 1502508925903849140.htmlIBM chief Ginni Rometty to step down
31 Jan 09:28 • 2 articles
IBM chief Ginni Rometty to step down
Cloud business boss Arvind Krishna to succeed.
31 Jan 09:28 • iTnews • 4425008560501850547.htmlIBM CEO Ginni Rometty retires
The company’s chairman, president and chief executive officer will be replaced by Arvind Krishna.
31 Jan 08:40 • ITWeb • 642894139530640353.htmlGovt must support pro-business policies to be a $5-trn economy: Eco Survey
31 Jan 11:00 • 2 articles
Govt must support pro-business policies to be a $5-trn economy: Eco Survey
The survey said the exponential rise in India's GDP and GDP per capita post liberalisation coincides with wealth generation in the stock market
31 Jan 11:00 • Business-Standard • 1502508925697524219.htmlEco Survey calls for pro-business policies, strengthening invisible hand of markets
The invisible hand needs to be strengthened by promoting pro-business policies to provide equal opportunities for new entrants, enable fair competition and ease doing business, eliminate policies that undermine markets through government intervention even where it is not necessary, it said.
31 Jan 11:10 • The Economic Times • 7653256037925320950.htmlFrench Connection shares plummet after failure to secure buyer
31 Jan 11:10 • 2 articles
French Connection shares plummet after failure to secure buyer
The retailer saw shares slide by almost a third after it said it was set to post between £1 million and £2 million in losses for the year.
31 Jan 11:10 • Jersey Evening Post • 6141642774967138749.htmlFrench Connection shares plummet after failure to secure buyer
The retailer saw shares slide by almost a third after it said it was set to post between £1 million and £2 million in losses for the year.
31 Jan 11:10 • Shropshire Star • 3480199992885557693.html