Business

Trending stories

More

Latest stories

1m
Grainnet.com
Maple Leaf Foods Reports 1Q 2016 Net Income of $42.2 Million, Up From $2.9 Million Loss In 1Q 2015Mississauga, ON - May 4, 2016 - Maple Leaf Foods Inc. (TSX: MFI) today reported
Maple Leaf Foods Reports 1Q 2016 Net Income of $42.2 Million, Up From $2.9 Million Loss In 1Q 2015
Grainnet.com / Posted a minute ago
Mississauga, ON - May 4, 2016 - Maple Leaf Foods Inc. (TSX: MFI) today reported its financial results for the first quarter, March 31, 2016. • Adjusted EBITDA(1) margin increased to 10.2% in the first quarter of 2016, achieving the Company's target... Read more
1m
Dallas Morning News
Mitchell Schnurman: Why the largest power company in Texas can’t wait on the Hunts, PUCVery early Sunday morning, while much of America slept, Energy Future Holdings
Mitchell Schnurman: Why the largest power company in Texas can’t wait on the Hunts, PUC
Dallas Morning News / Posted a minute ago
Very early Sunday morning, while much of America slept, Energy Future Holdings filed several petitions with the U.S Bankruptcy Court in Delaware. EFH, the largest power company in Texas, entered Chapter 11 just over two years ago, so why the weekend... Read more
2m
Rappler
Germany's Berenberg Bank in spotlight over Panama PapersDRAGGED INTO CONTROVERSY. The headquarters of Berenberg Bank in Hamburg, German
Germany's Berenberg Bank in spotlight over Panama Papers
Rappler / Posted 2 minutes ago
DRAGGED INTO CONTROVERSY. The headquarters of Berenberg Bank in Hamburg, Germany, September 2, 2010. File photo by Angelika Warmuth/AFP FRANKFURT, Germany – Berenberg Bank, one of the oldest and most venerable institutions in private banking in... Read more
3m
The Columbian
Corporate earnings keep falling, but oil’s recovery fuels early hopesNEW YORK — Are we there yet? It’s another weak quarter on Wall Street, but ther
Corporate earnings keep falling, but oil’s recovery fuels early hopes
The Columbian / Posted 3 minutes ago
NEW YORK — Are we there yet? It’s another weak quarter on Wall Street, but there are some signs corporate America will come out of its recent funk. Earnings at big U.S. companies are on track to tumble 6.4 percent in the first quarter, the worst... Read more
11 related stories
4m
Business Standard India
Prices make dairy export to Russia largely unviable for a whileIndia is unlikely for a while at least to reap the benefit from the opening of
Prices make dairy export to Russia largely unviable for a while
Business Standard India / Posted 4 minutes ago
India is unlikely for a while at least to reap the benefit from the opening of Russian markets for hard cheese export, due to the sharp fall in its price in international markets, well below that here. As against the current Rs 350 a kg in Indian... Read more
4m
Business Standard India
Adani Ports: High debt remains a key concernThe 12 per cent fall in the stock of Adani Ports and SEZ is its single largest
Adani Ports: High debt remains a key concern
Business Standard India / Posted 4 minutes ago
The 12 per cent fall in the stock of Adani Ports and SEZ is its single largest decline in the last two years. It came on the back of research houses like Citigroup downgrading the stock from 'buy' to 'neutral' following a sharp increase in net debt,... Read more
4m
Business Standard India
Paddy procurement rises in eastern IndiaAfter the impressive gain in foodgrain production over recent years in eastern
Paddy procurement rises in eastern India
Business Standard India / Posted 4 minutes ago
After the impressive gain in foodgrain production over recent years in eastern India, procurement has also started picking up there. Particularly in Assam, Jharkhand, West Bengal and eastern Uttar Pradesh. The procurement, though, is still miniscule... Read more
4m
Business Standard India
MCLR being used by banks to woo corporatesBankers explain that unlike a base rate where they had to lend at a fixed rate,
MCLR being used by banks to woo corporates
Business Standard India / Posted 4 minutes ago
Bankers explain that unlike a base rate where they had to lend at a fixed rate, in MCLR they are able to play on the risk premium and offer differential pricing to customers, especially in the corporate end. Read more from our special coverage on... Read more
5 related stories
4m
Business Standard India
DBTL helped save Rs 21,672 cr of LPG subsidyThe government saved more than Rs 21,672 crore of LPG subsidy outgo in the past
DBTL helped save Rs 21,672 cr of LPG subsidy
Business Standard India / Posted 4 minutes ago
The government saved more than Rs 21,672 crore of LPG subsidy outgo in the past two financial years (2014-15 and 2015-16) thanks to the implementation of the Direct Benefit Transfer in LPG (DBTL) scheme that eliminated ghost or duplicate... Read more
6 related stories
4m
Business Standard India
Take note of the urban infra stocksIf road contracts were the biggest beneficiaries of government spending last fi
Take note of the urban infra stocks
Business Standard India / Posted 4 minutes ago
If road contracts were the biggest beneficiaries of government spending last fiscal, urban infrastructure is another segment which gained traction. Urban infrastructure encompasses segments such as housing (including affordable housing), schools,... Read more
4m
Business Standard India
Odisha's iron ore output touches 80 mt, highest in 10 yearsProduction witnessed a spurt of nearly 50 per cent as the state government pass
Odisha's iron ore output touches 80 mt, highest in 10 years
Business Standard India / Posted 4 minutes ago
Production witnessed a spurt of nearly 50 per cent as the state government passed swift orders for reopening of many iron ore mines that were under shutdown because of the Supreme Court order.The state orders for extending validity of leases were... Read more
4m
Business Standard India
Nykaa to raise Rs 80 cr via private equity and HNI for expansion"We have one store in Delhi Airport at Terminal 3 and would open four more acro
Nykaa to raise Rs 80 cr via private equity and HNI for expansion
Business Standard India / Posted 4 minutes ago
"We have one store in Delhi Airport at Terminal 3 and would open four more across Bangalore, Mumbai and Delhi during this year. We are looking at adding 30 stores by year 2020, but we will get major part of business from online market space," said... Read more
5m
CTV News
Canadian trade deficit grows to record $3.4 million in March: StatsCanOTTAWA - Statistics Canada says the country's trade deficit grew to a record $3
Canadian trade deficit grows to record $3.4 million in March: StatsCan
CTV News / Posted 5 minutes ago
OTTAWA - Statistics Canada says the country's trade deficit grew to a record $3.4 billion in March as exports fell faster than imports. Economists had expected a deficit of $1.4 billion, according to Thomson Reuters. The result came as the deficit... Read more
2 related stories
6m
Oxford Mail
Standardised tobacco packaging clears final legal hurdlesStandardised tobacco packaging has been cleared to finally go ahead later this
Standardised tobacco packaging clears final legal hurdles
Oxford Mail / Posted 6 minutes ago
Standardised tobacco packaging has been cleared to finally go ahead later this month after Europe's highest court rejected a series of legal challenges. The European Court of Justice (ECJ) ruled that the Tobacco Products Directive, which was adopted... Read more
32 related stories
6m
Irish Examiner
IFA conference looks at minimising the threat of global milk price volatility | Irish Examiner Wednesday, May 04, 2016 - 01:54 pm The dairy sector needs
IFA conference looks at minimising the threat of global milk price volatility
Irish Examiner / Posted 6 minutes ago
| Irish Examiner Wednesday, May 04, 2016 - 01:54 pm The dairy sector needs to equip itself... Read more
6m
Oxford Mail
Thousands in Oxfordshire could have fallen into "debt trap" due to payday loan firmsCONTROVERSIAL payday lenders are siphoning millions out of Oxfordshire every ye
Thousands in Oxfordshire could have fallen into "debt trap" due to payday loan firms
Oxford Mail / Posted 6 minutes ago
CONTROVERSIAL payday lenders are siphoning millions out of Oxfordshire every year, with the cash going straight "from the poor to the rich". According to the Oxfordshire Credit Union about 12,000 people in the county are likely to have borrowed from... Read more
6m
The Seattle Times
Diamond the size of a tennis ball could fetch $70 millionLONDON (AP) — It’s a rock for the ages. A 3-billion-year-old diamond the size
Diamond the size of a tennis ball could fetch $70 million
The Seattle Times / Posted 6 minutes ago
LONDON (AP) — It’s a rock for the ages. A 3-billion-year-old diamond the size of a tennis ball — the largest discovered in over a century — could sell for more than $70 million, auctioneer Sotheby’s said Wednesday. The auction house plans to offer... Read more
48 related stories
6m
Greenwich Time
Pet-supply store in Greenwich to feed police dogGREENWICH — The Pet Pantry Warehouse is helping to feed the police dog, Kato. T
Pet-supply store in Greenwich to feed police dog
Greenwich Time / Posted 6 minutes ago
GREENWICH — The Pet Pantry Warehouse is helping to feed the police dog, Kato. The partnership reduces costs for the Greenwich Police Department and gives the German shepherd a high-quality diet. The Pet Pantry Warehouse is located on Railroad Avenue... Read more
7m
Daily Herald
Australia rules out sale of cattle empire to foreignersCANBERRA, Australia -- Australia's current government will never sell its large
Australia rules out sale of cattle empire to foreigners
Daily Herald / Posted 7 minutes ago
CANBERRA, Australia -- Australia's current government will never sell its largest cattle empire to foreigners, the treasurer said on Wednesday after blocking a takeover by a Chinese-led consortium. Chinese-based Dakang Australia Holdings on Tuesday... Read more
35 related stories
7m
Daily Herald
Elk Grove Village real estate firm reports strong market growthBrown Commercial Group, based in Elk Grove Village, brokered 32 office and indu
Elk Grove Village real estate firm reports strong market growth
Daily Herald / Posted 7 minutes ago
Brown Commercial Group, based in Elk Grove Village, brokered 32 office and industrial transactions during the first quarter of 2016, highlighting an active quarter for Chicago's suburban market. The transactions were spread geographically from... Read more
8m
Streatham Guardian
Standardised tobacco packaging clears final legal hurdlesStandardised tobacco packaging has been cleared to finally go ahead later this
Standardised tobacco packaging clears final legal hurdles
Streatham Guardian / Posted 8 minutes ago
Standardised tobacco packaging has been cleared to finally go ahead later this month after Europe's highest court rejected a series of legal challenges. The European Court of Justice (ECJ) ruled that the Tobacco Products Directive, which was adopted... Read more
32 related stories
8m
San Francisco Chronicle
Takata air bags may have caused 2 more deaths in MalaysiaVisitors walk by child seats, manufactured and displayed by Takata Corp. at an
Takata air bags may have caused 2 more deaths in Malaysia
San Francisco Chronicle / Posted 8 minutes ago
Visitors walk by child seats, manufactured and displayed by Takata Corp. at an automaker's showroom in Tokyo Wednesday, May 4, 2016. U.S. auto safety regulators are in talks with Takata Corp. to add tens of millions of air bag inflators to what... Read more
8m
San Francisco Chronicle
Global stocks are falling again (SPY, SPX, DJI, IXIC)Global stocks are under pressure once again and US futures look set to extend l
Global stocks are falling again (SPY, SPX, DJI, IXIC)
San Francisco Chronicle / Posted 8 minutes ago
Global stocks are under pressure once again and US futures look set to extend losses from Tuesday. Near 7:13 a.m. ET, Dow futures were off 97 points, S&P 500 futures were down 13 points, and Nasdaq futures were down 31 points — all by less than... Read more
3 related stories
8m
San Francisco Chronicle
10 things you need to know before the opening bell (spx, spy, qqq, dia, bud, jpb, c, bac, gs)Here is what you need to know. Trump is the Republican Party's presumptive pre
10 things you need to know before the opening bell (spx, spy, qqq, dia, bud, jpb, c, bac, gs)
San Francisco Chronicle / Posted 8 minutes ago
Here is what you need to know. Trump is the Republican Party's presumptive presidential nominee. Donald Trump delivered the knockout blow Tuesday evening in Indiana's primary. He claimed 51 delegates while taking 53.3% of the vote. Trump's victory... Read more
8m
San Francisco Chronicle
Here's a super-quick guide to what traders are talking about right now (SPY, SPX, DJI, IXIC, IWIM)Via Dave Lutz at JonesTrading, here's a super-quick guide to what traders are t
Here's a super-quick guide to what traders are talking about right now (SPY, SPX, DJI, IXIC, IWIM)
San Francisco Chronicle / Posted 8 minutes ago
Via Dave Lutz at JonesTrading, here's a super-quick guide to what traders are talking about right now: Good Morning! Renewed growth concerns continue to weigh on Futures globally, pushing this S&P down 70np to start today. Huge sea of red overseas,... Read more
8m
The Advocate
IberiaBank prices $50 million in preferred stockLafayette-based IberiaBank Corp., the parent company of IberiaBank, expects to
IberiaBank prices $50 million in preferred stock
The Advocate / Posted 8 minutes ago
Lafayette-based IberiaBank Corp., the parent company of IberiaBank, expects to raise $50 million through the issue of 2 million shares of preferred stock. The company plans to use the proceeds for general corporate purposes, including possible... Read more
9m
Providence Business News
Sports Authority, still seeking buyer, says it’s not liquidatingSports Authority Inc., still seeking a buyer, has no current plan to liquidate,
Sports Authority, still seeking buyer, says it’s not liquidating
Providence Business News / Posted 9 minutes ago
Sports Authority Inc., still seeking a buyer, has no current plan to liquidate, a lawyer for the bankrupt retailer said. “Liquidation is not in our vocabulary,” Robert Klyman of Gibson, Dunn & Crutcher LLP, who represents the ailing sporting-goods... Read more
3 related stories
9m
New Kerala
IFC leads Series D investment in Lenskart for quality eyewear expansion - newkerala.com #58915New Delhi, May 4 : IFC, a member of the World Bank Group, is investing Rs. 171
IFC leads Series D investment in Lenskart for quality eyewear expansion - newkerala.com #58915
New Kerala / Posted 9 minutes ago
New Delhi, May 4 : IFC, a member of the World Bank Group, is investing Rs. 171 Crores in Indian eyewear company Lenskart, to help the company expand access to high-quality and affordable eye-care products in tier-III, tier-IV cities. IFC was the lead... Read more
3 related stories
9m
Providence Business News
U.S. trade deficit declines as imports slump most in seven yearsWASHINGTON - America’s trade deficit shrank more than forecast in March as impo
U.S. trade deficit declines as imports slump most in seven years
Providence Business News / Posted 9 minutes ago
WASHINGTON - America’s trade deficit shrank more than forecast in March as imports fell in percentage terms by the most in seven years and outpaced a decline in shipments overseas. The gap narrowed 13.9 percent to $40.4 billion, the smallest since... Read more
11 related stories
9m
Bury Times
Standardised tobacco packaging clears final legal hurdlesStandardised tobacco packaging has been cleared to finally go ahead later this
Standardised tobacco packaging clears final legal hurdles
Bury Times / Posted 9 minutes ago
Standardised tobacco packaging has been cleared to finally go ahead later this month after Europe's highest court rejected a series of legal challenges. The European Court of Justice (ECJ) ruled that the Tobacco Products Directive, which was adopted... Read more
32 related stories
More