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140 people evacuated after New Zealand quake

New Zealand navy offshore patrol vessel HMNZS Wellington was on its way to the Kaikoura coast to conduct seabed surveillance to determine whether navy supply ship HMNZS Canterbury would be able to dock at Kaikoura or would have to anchor offshore.

Business

British American Tobacco plc 33.6% Potential Upside Indicated by Jefferies International

That bid eventually happened last month. Bloomberg reported the development earlier Monday. British American already owns 42% of Reynolds , the company behind brands including Camel and Newport. BAT's unsolicited cash-and-stock offer of $56.50 a share represented about a 20 percent premium to Reynolds's closing price the previous day. There are now 1,858,000,000 shares in issue with a current share value of 4281 giving British American Tobacco PLC a market capitalisation of 79.54B ...

Business

Police respond to report of 5 shot in downtown Seattle

The shooter, who is still at large, began to walk away before turning around and firing at the crowd. Ed Murray, Mayor of Seattle , issued a statement that brought up the issue of gun violence in America, which he referred to as "an epidemic".

Business

Amazon Black Friday Deals on Linksys, Netgear Networking Products Launched

While there is only a week to go before Cyber Monday and over 10 days until Black Friday , there are now deals available on Amazon. In 2015, Amazon sold more than 7.4million items - at a rate of 86 products per second. Doug Gurr, the United Kingdom country manager for Amazon, said 1,000 small businesses will also be participating in the sale. This comes after SMEs experienced a record Black Friday in 2015 that resulted in Amazon's fulfilment service - where items are packed and ...

Business

Germany at heart of modest Q3 growth in the eurozone

The moderate expansion of gross domestic product was primarily driven by strong domestic consumption and more government spending on the integration of migrants. Increased uncertainties stemming from the "Brexit" negotiations and continued structural weaknesses plus upcoming elections in many Eurozone countries add to the downside risks for the German economy, Brzeski said.

Business

Hackers Use FIFA to Steal Money from EA

As Kotaku highlights , the Federal Bureau of Investigation seized almost $3 million in cash from a Bank of America account that was in Clark's name in addition to luxury vehicles and several hundreds of thousands of dollars from accounts belonging to co-defendants Ricky Miller, Nicholas Castellucci and Eaton Zveare.

Business

Coldplay to perform in Manila for the first time in April

Early in the show, Coldplay frontman Chris Martin took the mic to greet Filipino fans tuned in to the live stream. Chris Martin has confirmed that United Kingdom foursome will be coming to Manila on 4 April 2017 at the SM Mall of Asia Concert Grounds .

Business

Over 12000 Personnel Deployed To Manage Crowd At Banks, ATMs

Large crowds of Indians have gathered outside banks in recent days but struggled to withdraw money or swap the old 500 and 1,000 rupee notes that were banned last week. So Chief secretary have chose to give full support to the mobile banks in those areas for proper distribution of denominations. It has been reported that certain business houses viz.

Business

Moment of Silence Begins Concert for Paris Attack Victims

DANTIER: (Through interpreter) We'll never forget, of course. Sting says proceeds from the concert would go to two charities helping survivors. Rock star Sting headlined the Bataclan concert, which started with a minute of silence to remember the 90 people who were gunned down in the music hall on November 13, 2015.

Business

Chaos, long queues at banks; many ATMs still inactive

Mumbai: As millions queued up outside banks and at ATMs, which opened after two days on Friday, the Reserve Bank of India (RBI) said enough cash is available for exchanging the scrapped Rs500 and Rs1000 notes and asked people to be patient.

Business

Microsemi Corp. (MSCC) Given New $60.00 Price Target at Mizuho

The company was initiated on Tuesday, November 8 by Deutsche Bank. FT reports, The 11 analysts offering 12 month price targets for Microsemi Corporation have a median target of 57.00, with a high estimate of 60.00 and a low estimate of 50.00.

Business

EU braces for 'more businesslike' ties with Trump's America

Previously, the American Department of State said that there is nothing to prevent America from withdrawing from the deal if Trump wanted this, but this would be a "dangerous" measure with "dangerous consequences on the deal". "First of all, the need to work on the multilateral system, for us it's extremely important to work on the climate change agreement implementation", she said.

Business

Samsung Acquiring Harman for $8 Billion

Much of that has been done on the shoulders of major acquisitions such as a $780 million deal past year for Mountain View, Calif. -based software services company Symphony Teleca. Samsung is spending $8 billion in an all cash takeover move for Harman that will place it at the heart of the car-tech market. The announcement comes after October's massive recall of Samsung Galaxy Note 7s, which posed a fire risk related to the smartphone's battery.

Business

Samsung Electronics buys auto-systems maker Harman for $8B

It makes touch screens that control vehicle functions and infotainment systems, and it's dominant in automotive sound systems with brands such as Harman Kardon, JBL, Infinity and Mark Levinson. "We have been studying the automotive market for some time". "Harman immediately establishes a strong foundation for Samsung to grow our automotive platform".

Business

UN group say pipeline protesters' rights ignored

Army and the U.S. Department of the Interior. Kennedy is an environmental attorney and president of the New York-based Waterkeeper Alliance, which is an organization that seeks to protect watersheds worldwide. Protesters, police and private contractors have at times engaged in violent skirmishes at a pipeline construction site in North Dakota. The project previously also came under fire in Iowa, where landowners who objected to its use of eminent domain asked the Iowa Utilities Board to ...

Business

Asia stocks on back foot as dollar, Treasury yields rise

US stocks consolidated recent gains with the Dow ending at a record high on Monday while the S&P 500 and the Nasdaq Composite dipped after choppy trading. The 10-year inflation breakeven rate, or the yield difference between 10-year Treasury Inflation Protected Securities and regular 10-year Treasury notes, reached 1.99 percent, the highest since September 2014, Reuters data showed.

Business

Mistry's Removal As TCS Chairman 'Cloak And Dagger Move By Tata'

TCS said in a statement it received a letter from Tata Sons , its biggest shareholder, on Thursday, nominating Ishaat Hussain as chairman. On Thursday, Tata Sons removed Mistry as chairman of its main cash cow, Tata Consultancy Services (TCS) (TCS.NS), where the holding company has a stake of more than 70 percent.

Business

EasyJet annual profit falls 28%, hit by slumping pound

A group-wide review, easyJet said, would make it a "simpler, more efficient" company. The carrier said that while its cost per seat excluding fuel was expected to rise 1 percent this year, it was sticking to a target of keeping costs in 2019 flat when compared with 2015.

Business

Cash crunch: No respite from long queues at banks, ATMs

The government had on Sunday extended use of old defunct Rs 500 and Rs 1,000 notes for paying household utility bills, fuel, taxes and fees and purchases from co-operative stores till November 24. Opposition leaders on Monday meet to strategise for the winter session of Parliament that begins Wednesday. The government expects the first few days of the session to be washed out.

Business

Chinese President Xi calls US President-elect Donald Trump

A batch of Boeing orders will be replaced by Airbus. It added that "U.S. soybean and maize imports will be halted". "China can also limit the number of Chinese students studying in the U.S.", the article warns. Trump had argued that this was necessary to stem the tide of Chinese goods flooding the USA markets resulting in closure of manufacturing units and loss of jobs in his country.

Business

Taco Bell opens first flagship location on the Las Vegas Strip

Marisa Thalberg, Taco Bell's CMO, told Business Insider , the company wants customers to experience "the whole lifestyle of Taco Bell". The two-story Las Vegas property is the chain's 7,000th USA location, only the fourth Cantina in the country, and the first flagship, meaning it's the best of them all.

Business

India released new measures to tackle with shortage of cash

In a move aimed at fast-tracking recalibration of ATMs, the government on Monday chose to set up a task force under the chairmanship of RBI deputy governor SS Mundra. For this, a person need not make multiple visits to the bank and withdraw the amount in a single attempt, he added. As far as government departments and Central PSUs are concerned, they have been advised to carry out all payments online and resort to cash withdrawal only in totally unavoidable situations, he said.

Business

Retailers expect more Black Friday deal hunters online

We don't have an official confirmation on the GameStop hours but it is believed the doors will open at 5 a.m. The new ad is available now to preview at the company's website (link below) and the retailer be featuring doorbusters available starting Thanksgiving Day online and in-store.

Business

Trump Election Already Bad News for Palestinians

Ofir Akunis, Israel's science minister and member of Israeli Prime Minister Benjamin Netanyahu's Likud Party, suggested that the arrival of Trump at the White House would signal less criticism of Israel's settlement enterprise in the territory that Palestinians have earmarked for a future state.

Business

GameStop Black Friday Ad 2016: Best Black Friday Deals

And, she added, "The mall wanted to make sure that the tenants (stores) would have the opportunity to make the most of the season". 133 million people plan to shop online or in-stores this year. If you can't courageous the crowds, no sweat: Best Buy will be offering nearly all of its Black Friday deals online throughout Thanksgiving Day .

Business

India cenbank says enough cash available as millions throng banks

The weekly limit on withdrawals from bank accounts has been raised to Rs 24,000 from Rs 20,000 earlier, the government said Sunday. It may be noted that with 1.2 lakh BCs and 1.3 lakh branch Post Offices getting further activated, a total number of 2.5 lakh points in rural areas will be available to disburse cash and facilitate cash withdrawals from Bank Accounts.

Business

Indelible ink to prevent multiple cash withdrawals: FM

Economic Affairs Secretary Shaktikanta Das announced the move on Tuesday morning+, and explained that this was in response to reports of people attempting to convert their black money to white by visiting banks multiple times. Addressing the rumours of salt shortage, Das said: "Have enough stock of salts; no reason for temporary surge in price or shortage; supply of essential commodities being closely monitored".

Business

OPEC revises non-OPEC oil supply forecasts down

In my opinion, this is a bearish forecast because the IEA clearly states that if there is no firm agreement in Algiers , then oil prices will fall because of the global supply surplus. "Oil markets are increasingly reflecting growing consensus that the persistent oversupply seen throughout 2016 will carry on into 2017", analysts at JBC Energy wrote.

Business

Tennessee man charged with setting fires

More than 20 wildfires continue to burn across the Appalachian Mountains as dry conditions and wind make the job even more hard for firefighters. Officials report that the Party Rock fire now covers more than 2,800 acres and is only about 15 percent contained .

Business

Thanksgiving, Black Friday Innovative Deals and Offers from Target

At Target, that means returning to the "10 days of deals" program, something the retailer tried past year in which it touted a single big promotion each day starting the weekend before Thanksgiving. You can also not stack Gamer's Club Unlocked onto numerous video game deals. "The Commerce Department will tell you that online sales account for only 15 percent of all retail purchases, but that includes vehicle and gas sales", he said.

Business

Walmart Black Friday 2016 Deals

The report notes that as Americans get older their love for this shopping bonanza erodes until it eventually falls off a cliff. Anything worth trying for a price match on Black Friday should hit free shipping minimums. A 55-inch Samsung 4K TV will be $479.99, a whopping $320 discount from its regular price. "You can order something online and pick it up at the store the same day".

Business

Investors flee emerging markets after Trump victory

The dollar index, which measures the greenback's value against a basket of six major currencies, last traded at 99.883. Shanghai shares were set to enter a bull market. On Wall Street, the U.S. S&P 500 Index .SPX rose 0.2 percent while the Dow Jones industrial average .DJI jumped 1.2 percent, smashing through its previous record high set in August by nearly 1 percent.

Business

Buffett's Berkshire makes bet on US airlines

Berkshire also made an investment in Southwest Airlines after the quarter ended, according to CNBC . The airline investments are "really important for investor confidence" in that sector, said Adam Hackel, an airline analyst at Imperial Capital LLC in NY.

Business

Global markets fall after Trump victory

That drove industrials and infrastructure stocks higher, and raised speculation about inflation. The UK's leading banks traded south HSBC (-2.70%), Barclays (-2.55%), Lloyds (-2.22%), despite the expectation that higher bond yields might be positive for the banking revenues.

Business

Moooving on: Cows Stranded by New Zealand Quake Are Rescued

Hundreds gather in Kaikoura to hear from authorities. "The neighbor's chimney was gone, there were breakages and things smashed everywhere."Thompson said his wife helped a 93-year-old neighbor and a tourist into her vehicle and drove to higher ground."They stayed in the auto all night but couldn't sleep", Thompson said".


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