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China launches first freight train to London

A new freight train service between China and the United Kingdom has been launched, BelTA learned from China Daily. The route runs through Kazakhstan, Russia, Belarus, Poland, Germany, Belgium and France, before arriving in London. China's One Belt, One Road initiative aims to create a modern Silk Road Economic Belt and a 21st Century Maritime Silk Road to boost trade and extend its global influence.

Business

Controversial McDonald's Opens on Vatican Property

The McDonald's opened Friday in a Vatican-owned building in the Pio Borgo district of Rome, about 100 yards from the Vatican State, the Catholic Press Agency reported Sunday . This time, however, the opposition was all for naught. "Anything that is good for the economy of our country is fine by me", she said. Cardinal Calcagana's stance is probably a wise one for religious leaders to take, as the commercialization of historic Rome at this point seems inexorable.

Business

Analysts, Options Traders Upbeat Toward Post-Conduent Xerox Corp (XRX)

During the same quarter a year ago, the company earned $0.24 EPS. The consensus recommendation provided by analysts is now 2.90. According to their observations and findings, the stock could provide a high EPS of $0.29/share and a Low EPS of $0.25/share.

Business

China Confirms Aircraft Carrier Participated in Military Drills in South China Sea

China claims most of the South China Sea through which about $5 trillion in ship-borne trade passes every year. Beijing's territorial claims to the Spratly Islands, known as the Nansha Islands in China, which are believed to be rich in oil and gas reserves, run counter to those of the Philippines, Taiwan, Malaysia, Brunei and Vietnam.

Business

ANZ sells stake in Shanghai bank in Asian retreat

ANZ's stake in the Chinese bank contributed $259 million to ANZ's post-tax profits a year ago. The ANZ Bank has sold its 20% stake in Shanghai Rural Commercial Bank for $1.838 billion, about three times what it paid for it. Elliott, who has been in the job for about a year, announced the sale in October of the bank's retail and wealth management business in Singapore, Hong Kong, Taiwan, China and Indonesia to Singapore's DBS Bank.

Business

Baggage handler survives 90-minute flight while locked in cargo hold

Speaking to the Charlotte Observer , a United spokesperson added: "United Express flight 6060 operated by Mesa Airlines from Charlotte Douglas to Washington-Dulles (IAD) landed safely at IAD yesterday". When he arrived, the man appeared to be OK and refused medical treatment. The company is a leading provider of baggage handling services based in Texas, airline officials said.

Business

Ford Cancels Plan for New Small Car Plant in Mexico

Less is known about the company's plans for a 300-mile all-electric SUV, though electric-car proponents will welcome such a vehicle after minimal Ford efforts since 2012 with the Focus Electric compliance auto. He said he'd hit the company with a 35 percent tariff on vehicles it makes over the border and sells in the U.S. Doing so will safeguard about 3,500 jobs at a facility in Wayne, Michigan, the company said in a press release, and the investment in a new "Manufacturing Innovation ...

Business

Euronext offers €510m for Clearnet's French business

LSE Group intends on keeping its London-based arm of LCH. According to the FT, the competition probe was revised to exclusively focus on whether the operation will unduly dominate derivatives clearing. Listed derivatives and commodities counted for 20%. Stéphane Boujnah, Chief Executive Officer and Chairman of the Managing Board of Euronext said: "The potential acquisition of Clearnet represents an opportunity for Euronext to achieve revenue growth and diversification".

Business

When is Carrie Fisher's funeral? Memorial for Star Wars legend this week

Last week, the world mourned the loss of Star Wars actress Carrie Fisher after she suffered a heart attack while on a flight from London to Los Angeles . Writing in a column for The Hollywood Reporter , Joely - who is the daughter of singer Eddie Fisher and actress Connie Stevens - wrote: "We spent the better part of our childhoods as neighbours, our two families right next door.

Business

Budget session likely from January 1

The Budget Session, which is the longest session of Parliament, is normally held towards the end of February, but the Centre is trying to convene the session in January end. In the past, funds were not allotted from the beginning of the financial year on 1st April, creating a backlog and choking funds. With this merger, Indian Railways is expected to rid of the annual dividend it has to pay for gross budgetary support from the government every year.

Business

Trump threatens "big border tax" on GM over Chevy Cruze production

GM responded to Trump's tweet , saying that all Cruze sedans sold in the USA are built in Lordstown, though it noted that a "small number" of Cruze hatchbacks made in Mexico are sold in the U.S. IN said it would provide up to $7 million in tax incentives to the air-conditioner maker Carrier to persuade it to keep hundreds of jobs in IN that were originally planned to be sent to Mexico.

Business

Finland's Basic Income Experiment Hopes to Reduce Poverty

Unemployed people in Finland will now receive a basic income of around £480 per month in an attempt to get 2,000 jobless Finns back to work. The latest job figures from Finland in November show that the unemployment rate is now at 8.1%, with prime minister Juha Sipila and his government keen to tackle the problem.

Business

Iran Approves European, Asian Companies For Oil, Gas Projects

The historic deal lifted economic sanctions against Iran in exchange for Tehran curbing its controversial nuclear program. The Iranian Oil Ministry said on January 3 that the National Iranian Oil Company will soon hold tenders for energy exploration and production, something made possible due to Tehran's signing of a nuclear deal with six world powers in 2015.

Business

Gas prices are up for the start of 2017

According to AAA , the retail price for gasoline has increased 35 of the last 36 days, in large part because of the sustained rally in crude oil prices. Also, gasoline inventories in the Great Lakes region dropped almost 1 million bbl last week according to the latest EIA report. As a result, three of the most expensive states for gasoline are in the region, which is also the most volatile in the country.

Business

United Kingdom grocer cuts women's razor cost to match men's

Some of the products tested, which included razors and pens, appeared to charge a premium simply for being pink. Tesco's razors were singled out in a 2016 investigation by The Times , which found that products aimed at women and girls cost, on average, 37 per cent more than nearly identical products for men.

Business

Ready to get rid of your Christmas tree? Here's what to do

This is something we can all agree to avoid. Taking it down on this day is usually in observance of the Epiphany, also known as Three Kings Day, a Christian holiday. Trees should be placed at the curb by 9 a.m. for pickup. Trees brought in will be turned into mulch for landscaping at city parks and facilities. Note- If you want to drop off your tree-Residents can drop off natural, un-flocked trees for FREE at American Organics at 20055 Shay Road, Victorville, through January 31.

Business

Chinese cities issue smog alert

Timelapse video shot from a Beijing bank on Monday shows a thick cloud of yellow smog swallowing buildings as it rolls into the city. "On Sunday, 25 cities in China issued 'red alerts" for smog, which triggers orders to close factories, schools and construction sites.

Business

Bajaj Auto total sales down 22% in December

The scrip opened at Rs. 2640.00 and has touched a high and low of Rs. 2658.30 and Rs. 2556.00 respectively. The total number of shares traded during the day was 35099 in over 3376 trades. The company has sold 22217 commercial vehicles during December 2016, a drop of 46% year-on-year in comparison with sales of 41221 commercial vehicles during December 2015.

Business

Two kids abducted and believed to in danger

He has brown hair and brown eyes. Police said 10-year-old Avery Rader and his brother 6-year-old Zek Rader were last seen just before 5 p.m.in Princes Lake, Indiana. Zek is 3' and 40 pounds with short brown hair and brown eyes. 727MIO. Sgt. John Perrine with Indiana State Police tweeted a photo of a similar vehicle.

Business

Hyundai, Kia global sales fall 2 pct; miss target

Its domestic sales jumped 39 percent to 111,101 cars. The company's monthly sales increased 10.5% from a year ago to 16,705 in December 2016 to hit a new high. The flagship smartphone, released in August, caught fire and overheated, prompting two global recalls and its discontinuation a year ago. Specifically, Hyundai Motor Company sold 658,642 cars in South Korea and 4,201,407 out of the country, down 7.8% and 1.2% from a year ago, respectively.

Business

Islamic State claims deadly bombings in central Baghdad

The radical Sunni group said that two suicide bombers detonated their explosive belts amid a crowd of Shiites at the market. No one has claimed responsibility for the blast, but the Islamic State has executed similar attacks in the past. Sixty-four people were killed in the attacks, according to a security official from Baghdad Operations Command, who spoke on the condition of anonymity because he was not authorized to release the death toll.

Business

Tesla begins rolling out Autopilot 2.0 update

Tesla has a self-driving build of its software for the latest Autopilot hardware suite that can detect and act on intersections with stop signs as demonstrated in recently released videos, but the feature is still only part of the development program of its fully self-driving system and not intended for the "Enhanced Autopilot".

Business

Customs at airports across country experience computer outage

But that was not immediate enough for the thousands of exhausted and cranky passengers arriving at United States gates but unable to clear customs. Officials at Hartsfield-Jackson International Airport in Atlanta, the most-traveled in the world, told WAGA that people arriving from outside the country are being processed by hand.

Business

10-month-old MA baby revived twice after ingesting fentanyl

Paramedics treated the baby at her home on Tree Top Way, before being transported to Lawrence General Hospital. Hospital tests indicate that the baby had fentanyl in her system. Police arrived at the Methuen residence early Saturday afternoon after receiving a report of a child not breathing. About $1.2 million worth of fentanyl is off the streets after a drug bust in Methuen Monday morning.

Business

Demonetisation: Last day to deposit scrapped notes

The nation awaited Prime Minister Narendra Modi's address on the eve of New Year with suspense and drama being built around the event. Post a move to weed out black money from the economy via the demonetization of INR 500 & INR 1000 notes, Indian Prime Minister Narendra Modi faces the ire of tens of thousands of Indians.

Business

Bitcoin prices tops $1000 in three-year high

The currency's value soared to more than $1,200 United States in late 2013, as numerous debt crises in Europe called into the question the value of the continent's many fiat currencies. "We are seeing the aftermath of zero interest rates run amok". Besides that, bitcoin also attracts those who are anxious about a lack of supply of cash like in India, where Prime Minister Narendra Modi eradicated high-denomination bank notes from circulation last November.

Business

Russia, Azerbaijan, OPEC cut oil production

Commodity Futures Trading Commission (CFTC) data showed. A deal between the Organization of the Petroleum Exporting Countries and other heavyweight producers to cut around 2% from global production in 2017 is expected to push prices close to $60 a barrel, .

Business

Star Wars Rogue One: Who was Jyn Erso before the rebellion?

Rogue One bumped Captain America: Civil War ($408.1 million domestically) down to third place, followed by The Secret Life of Pets ($368.4 million) and The Jungle Book ($364 million). " Sing " has grossed $123 million thus far. Amazon Studios and Roadside Attractions is another prestige pic and awards contender that's racked up strong numbers since debuting seven weeks ago.

Business

Croc in Qld backyard just a tall tale? No it really happened

Police were called to deal with the large animal, with Acting Sergeant Jim Richards confessing he'd never seen anything like it in his 10 years in Karumba. A local resident, Danielle Day, told the ABC the crocodile wandered into two accommodation complexes before settling in the residential backyard.

Business

NRIs can exchange old currency notes till June 30: RBI

As on December 30, 2016 a part of SBNs have come back to the RBI and these are now a part of the formal financial system, increasing the deposit base of the banks and improving their ability to lend. "At the airport/land Customs stations etc. on entry, Customs stamp on the said forms shall be affixed and the same shall be submitted along with other documents to RBI offices".

Business

Tony Romo Expected To See Game Action On Sunday

He broke his clavicle on two separate occasions past year and with the emergence of Prescott, there is rampant speculation that he will be traded to a different contender in the offseason. When you put the talent and the personalities together, and just make it click, I think that is when you have something special. Enter Romo, the four-time Pro Bowler who has barely played the past two seasons because of last year's twice-broken left clavicle and this year's compression fracture of a ...

Business

Redskins Fall To The Giants In Regular Season Finale

The Big Blue D treated this meaningless regular-season finale against the Redskins like a playoff game, holding one of the NFL's most explosive offenses firmly in check and ending Washington's season with a 19-10 victory. "But hey, we're winning games and that's a good quality to have". Even on the rare occasions Sunday when Washington flaunted an offensive pulse, it quickly flatlined.

Business

Autopilot update of Tesla's reaches a handful of cars

According to Tesla, those vehicles who have the "Hardware 2" suite inside will be receiving an update for the autopilot feature. However, a recent report revealed the better side of Autopilot, as the technology was able to predict a auto crash and started braking a Model X SUV to prevent the vehicle from being involved in a serious accident.

Business

China Twitter boss leaves after seven months

That was part of company-wide changes that included the layoff of nine percent of Twitter's staff and the exit of a number of high-profile leaders. She reportedly worked as an engineer for the People's Liberation Army's Second Artillery in the late 1980s and 90s, Tech Wire Asia said.

Business

Narendra Modi addresses Parivartan rally in Lucknow: Top 10 highlights

Modi government has been giving Rs 1 lakh crore more to UP but the state hasn't been able to develop due to corruption. He has been speaking about several aspects of SP-BSP governance and his success arresting black money in the country through demonetisation.


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