Business

Trending stories

Latest stories

1m
WA Today
ASX closes up despite volatile post-Brexit weekOn Friday, the benchmark S&P/ASX 200 Index climbed within three points of last
ASX closes up despite volatile post-Brexit week
WA Today / Posted a minute ago
On Friday, the benchmark S&P/ASX 200 Index climbed within three points of last Thursday's pre-referendum close of 5280 before a late sell-off saw it close up 13 points at 5246. Mark Carney, governor of the Bank of England, is promising to cushion... Read more
16 related stories
1m
Perth Now
Shaver Shop in well-groomed market debutGrooming products specialist Shaver Shop made a neat debut on the Australian st
Shaver Shop in well-groomed market debut
Perth Now / Posted a minute ago
Grooming products specialist Shaver Shop made a neat debut on the Australian stock exchange on Friday, with the retailer finishing a whisker above its issue price. Shaver Shop Group shares opened at $1.11, above their $1.05 issue price and closed at... Read more
4 related stories
3m
New Zimbabwe
Monomotapa hotel up for $25m upgradeHARARE: Hotels and leisure chain, African Sun Limited (ASL), plans to spend $25
Monomotapa hotel up for $25m upgrade
New Zimbabwe / Posted 3 minutes ago
HARARE: Hotels and leisure chain, African Sun Limited (ASL), plans to spend $25 million to expand the Monomotapa Hotel, once the City of Harare approves its request to acquire a portion of the Harare Gardens, an official said on Thursday. Monomotapa... Read more
5m
CIO
ANZ CIO: Core banking system 'not a hindrance'ANZ’s core banking system is “not a hindrance” and the bank isn't considering a
ANZ CIO: Core banking system 'not a hindrance'
CIO / Posted 5 minutes ago
ANZ’s core banking system is “not a hindrance” and the bank isn't considering an overhaul like its rivals, says CIO Scott Collary. “The core bank platform and the product processors aren’t holding us back from doing anything,” he told journalists at... Read more
6m
The Hazleton Standard-Speaker
Gas tax windfall on wrong roadArticle Tools Economic conditions have made driving cheaper in Pennsylvania ev
Gas tax windfall on wrong road
The Hazleton Standard-Speaker / Posted 6 minutes ago
Article Tools Economic conditions have made driving cheaper in Pennsylvania even as the state Legislature has promised to make driving smoother. Soon after lawmakers enacted a back-door tax increase in 2013 — lifting a cap on the tax assessed on... Read more
7m
The Hazleton Standard-Speaker
State budget lacks revenue votesArticle Tools HARRISBURG — State lawmakers gave final approval to a $31.5 bill
State budget lacks revenue votes
The Hazleton Standard-Speaker / Posted 7 minutes ago
Article Tools HARRISBURG — State lawmakers gave final approval to a $31.5 billion annual budget — but not the money to pay for it — just hours before a deadline Thursday to complete the spending plan. Pennsylvania starts the 2016-17 fiscal year... Read more
42 related stories
7m
The Hindu
Need to see if RBI, SEBI must be audited: CAGComptroller and Auditor General of India Shashi Kant Sharma on Friday said ther
Need to see if RBI, SEBI must be audited: CAG
The Hindu / Posted 7 minutes ago
Comptroller and Auditor General of India Shashi Kant Sharma on Friday said there is a need to consider whether financial regulators like the Reserve Bank of India and the Securities and Exchange Board of India need to be audited. “In India, the CAG... Read more
7m
The Hindu
IMF warns of repercussions for global economy'Brexit was likely to cause a dampening of growth in the near term, and urged p
IMF warns of repercussions for global economy
The Hindu / Posted 7 minutes ago
'Brexit was likely to cause a dampening of growth in the near term, and urged policy makers to act decisively while dealing with the situation'.. Britain’s decision to leave the European Union has created “significant uncertainty” that will have... Read more
7 related stories
8m
The Hindu
GMR Energy offloads stake to Adani Transmission for Rs 100 cGMR Energy on Friday announced stake sale in two of its transmission projects t
GMR Energy offloads stake to Adani Transmission for Rs 100 c
The Hindu / Posted 8 minutes ago
GMR Energy on Friday announced stake sale in two of its transmission projects to Adani Transmission for equity consideration of Rs 100 crore. “GMR Energy (GEL), a subsidiary of GMR Infrastructure (GIL), has entered into definitive agreements with... Read more
2 related stories
9m
The Temasek Review
Unconscionable for PAP to increase Revenue Collection at a Time of Hardship « Snippets « TR EMERITUSThe recent increase in car-parking fees is wholly unjustified especially at a t
Unconscionable for PAP to increase Revenue Collection at a Time of Hardship « Snippets « TR EMERITUS
The Temasek Review / Posted 9 minutes ago
The recent increase in car-parking fees is wholly unjustified especially at a time when Singaporeans are hurting from a weak economy. The quantum of the increases – by 20% for short-term parking and 27% for season parking – are also inordinately... Read more
9m
Arkansas Democrat-Gazette
Mortgage rates at 3-year lowThe stock market's plunge after the British vote to exit the EU was bad for mos
Mortgage rates at 3-year low
Arkansas Democrat-Gazette / Posted 9 minutes ago
The stock market's plunge after the British vote to exit the EU was bad for most people's retirement accounts but good for those looking to refinance mortgages. Even as the market has started to recover its losses and the flight to bonds' safety has... Read more
13 related stories
9m
Rutland Herald
Sayles joins national boardBARRE � Vermont Foodbank CEO John Sayles was recently appointed to a two-year t
Sayles joins national board
Rutland Herald / Posted 9 minutes ago
BARRE � Vermont Foodbank CEO John Sayles was recently appointed to a two-year term on the board of directors of Feeding America, a nationwide organization. He currently serves on the Feeding America Policy Engagement and Advocacy Committee, which... Read more
9m
Arkansas Democrat-Gazette
CS&L gains an index-best 30% in 2QCommunications Sales & Leasing, which was created last year from a spinoff of W
CS&L gains an index-best 30% in 2Q
Arkansas Democrat-Gazette / Posted 9 minutes ago
Communications Sales & Leasing, which was created last year from a spinoff of Windstream's copper and fiber assets, outperformed the largest public companies in Arkansas in the second quarter with shares posting a return of almost 30 percent. Eleven... Read more
10m
Arkansas Democrat-Gazette
Catholic Health to shed insurerCatholic Health Initiatives, which owns the CHI St. Vincent system, plans to se
Catholic Health to shed insurer
Arkansas Democrat-Gazette / Posted 10 minutes ago
Catholic Health Initiatives, which owns the CHI St. Vincent system, plans to sell its health insurance subsidiary, QualChoice Health Inc. QualChoice covers about 53,000 Arkansans, and, according to Catholic Health Initiatives' quarterly report, the... Read more
11m
IAfrica South African Business News
I have the cabinet's support- GordhanFinance Minister Pravin Gordhan. Credit: AFP Finance Minister Pravin Gordhan s
I have the cabinet's support- Gordhan
IAfrica South African Business News / Posted 11 minutes ago
Finance Minister Pravin Gordhan. Credit: AFP Finance Minister Pravin Gordhan said although he can’t guarantee that he won’t be arrested for espionage, he does however have the cabinet’s support to do his job. “I am in the job, I have the confidence... Read more
11m
Zero Hedge
If The UK Economy Tanks, Don't Blame BrexitSubmitted by Frank Shostak via The Mises Institute, Last Thursday, the people
If The UK Economy Tanks, Don't Blame Brexit
Zero Hedge / Posted 11 minutes ago
Submitted by Frank Shostak via The Mises Institute, Last Thursday, the people of Britain voted in a referendum to leave the European Union (EU). Most commentators view Britain’s exit (“Brexit”) from the European Union as bad news for economic growth... Read more
11m
The News and Star
Northern Powerhouse could create 850,000 jobs by 2050 - reportDigital technologies, health innovation, energy and advanced manufacturing have
Northern Powerhouse could create 850,000 jobs by 2050 - report
The News and Star / Posted 11 minutes ago
Digital technologies, health innovation, energy and advanced manufacturing have the potential to transform the north of England’s economy, adding £97bn and 850,000 jobs by 2050. These are the conclusions of the newly-published Northern Powerhouse... Read more
17m
Manila Bulletin
Property24, MGSRDC team-up continues winning streak for another exclusive properties’ auction – and more! Property24, the leading online property portal in the Philippines, together w
Property24, MGSRDC team-up continues winning streak for another exclusive properties’ auction – and more!
Manila Bulletin / Posted 17 minutes ago
Property24, the leading online property portal in the Philippines, together with the fastest-growing real estate firm My Saving Grace Realty... Read more
17m
Manila Bulletin
JG summit buys 30% of global business power JG Summit Holdings, Inc. (JGSHI) is boosting its presence in the power sector
JG summit buys 30% of global business power
Manila Bulletin / Posted 17 minutes ago
JG Summit Holdings, Inc. (JGSHI) is boosting its presence in the power sector by acquiring a 30 percent stake in Global Business Power Corporation (GBPC) from GT Capital Holdings, Inc. and MERALCO PowerGen... Read more
17m
The Star
Yong Tai signs MoU for RM510mil property developmentKUALA LUMPUR: Yong Tai Bhd has entered into a memorandum of understanding (MoU)
Yong Tai signs MoU for RM510mil property development
The Star / Posted 17 minutes ago
KUALA LUMPUR: Yong Tai Bhd has entered into a memorandum of understanding (MoU) with PGCG Assets Holdings Sdn Bhd to jointly develop and construct mixed development properties in Puncak Alam, Ijok with a gross development value (GDV) of about... Read more
17m
The Star
Kenanga Research expects Bank Negara to hold on rates this yearKUALA LUMPUR: Bank Negara will maintain its overnight policy rate (OPR) at 3.25
Kenanga Research expects Bank Negara to hold on rates this year
The Star / Posted 17 minutes ago
KUALA LUMPUR: Bank Negara will maintain its overnight policy rate (OPR) at 3.25% till year-end, said Kenanga Research. In a research note on Friday, it said that while the central bank has room to cut interest rates to support the economy it would... Read more
17m
The Star
Abe's expected election win means more bullet trains, fewer deep reformsTOKYO: An election victory for Japan's ruling coalition this month could give P
Abe's expected election win means more bullet trains, fewer deep reforms
The Star / Posted 17 minutes ago
TOKYO: An election victory for Japan's ruling coalition this month could give Prime Minister Shinzo Abe a mandate to pursue bolder economic policies, but he's likely to choose big-ticket infrastructure items over more pressing structural... Read more
5 related stories
17m
Market Watch
Russia's manufacturing PMI gives economy hopeMOSCOW--Russia's manufacturing sector returned to growth in June on a recovery
Russia's manufacturing PMI gives economy hope
Market Watch / Posted 17 minutes ago
MOSCOW--Russia's manufacturing sector returned to growth in June on a recovery in demand, a Markit survey of purchasing managers showed Friday. The headline Purchasing Managers' Index for the manufacturing sector rose to 51.5 in June from 49.6 in... Read more
19m
WFTV 9 Orlando
Asian shares up as low interest rates buoy investmentsMANILA, Philippines (AP) — Asian shares mostly rose Friday with investments buo
Asian shares up as low interest rates buoy investments
WFTV 9 Orlando / Posted 19 minutes ago
MANILA, Philippines (AP) — Asian shares mostly rose Friday with investments buoyed by low interest rates and recoveries by world markets from losses caused by Britain's vote to leave the European Union a week ago. KEEPING SCORE: Japan's Nikkei 225... Read more
279 related stories
19m
The Financial Express
ITC shares hit fresh 52-week high ahead of bonus record dateShares of ITC hit their fresh 52-week high of Rs 258.85 on Friday as the July 4
ITC shares hit fresh 52-week high ahead of bonus record date
The Financial Express / Posted 19 minutes ago
Shares of ITC hit their fresh 52-week high of Rs 258.85 on Friday as the July 4 record date for issue of bonus shares neared. Shares of ITC hit their fresh 52-week high of Rs 258.85 on Friday as the July 4 record date for issue of bonus shares... Read more
19m
The Financial Express
GMR Energy offloads stake to Adani Transmission for Rs 100 crGMR Energy was awarded two transmission projects on build, own, operate and mai
GMR Energy offloads stake to Adani Transmission for Rs 100 cr
The Financial Express / Posted 19 minutes ago
GMR Energy was awarded two transmission projects on build, own, operate and maintain (BOOM) basis in 2010. (Reuters) GMR Energy today announced stake sale in two of its transmission projects to Adani Transmission for equity consideration of Rs 100... Read more
2 related stories
19m
The Financial Express
Indian rupee gains 9 paise to 67.43 against US dollarDealers said strong foreign fund inflows and a higher opening of the domestic e
Indian rupee gains 9 paise to 67.43 against US dollar
The Financial Express / Posted 19 minutes ago
Dealers said strong foreign fund inflows and a higher opening of the domestic equity market gave the local unit more strength. The Indian rupee climbed for the third day, this time by 9 paise to 67.43 against the US dollar in early trade today on... Read more
21 related stories
19m
The Financial Express
Modi to Raghuram Rajan: World Bank Group President Jim Yong Kim seems to be a ‘jabra fan’World Bank Group President Jim Yong Kim seems to be in love with not only India
Modi to Raghuram Rajan: World Bank Group President Jim Yong Kim seems to be a ‘jabra fan’
The Financial Express / Posted 19 minutes ago
World Bank Group President Jim Yong Kim seems to be in love with not only India but also PM Narendra Modi and RBI governor Raghuram Rajan. The World Bank said on Thursday it would lend India more than $1 billion for its huge solar energy programme,... Read more
4 related stories
20m
Surrey Advertiser
Great news for Surrey's peak time commutersRead More Claire Perry, rail minister, said: “We are investing £40 billion in
Great news for Surrey's peak time commuters
Surrey Advertiser / Posted 20 minutes ago
Read More Claire Perry, rail minister, said: “We are investing £40 billion in our nation’s railway infrastructure – the biggest upgrade since the Victorian times. The introduction of these 108 modified train carriages on to the South West Trains... Read more
20m
The Financial Express
ATF prices go up 5.5%, LPG cheaper by Rs 11ATF rates vary at different airports because of differential local sales tax or
ATF prices go up 5.5%, LPG cheaper by Rs 11
The Financial Express / Posted 20 minutes ago
ATF rates vary at different airports because of differential local sales tax or value-added tax (VAT). Aviation turbine fuel (ATF) price was today hiked by 5.5 per cent for the fifth month in a row, but that of non-subsidised cooking gas (LPG) was... Read more
More