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Vodafone India, Idea announce Kumar Mangalam Birla as new Chairman

The combined Vodafone-Idea group are set to become India's largest telecom operation with nearly 400 million customers, or 35 per cent market share. The new entity will likely have around 40 crore customers or almost one in every three customers in the country.

Business

Germany: Merkel's CDU victorious in Saarland

Two more state elections in May will be followed by a national parliamentary election on September 24 in which Merkel is seeking a fourth term as chancellor. For Schulz, the result was a return to Earth and a signal that coalition options for his party may be limited if it wins the national election. "Election campaigns are distance races, not sprints", Schulz told supporters at SPD headquarters in Berlin.

Business

Sears stock plummets after citing 'substantial doubt' about its future

The corporate parent of Sears and Kmart - controlled by billionaire Lampert since 2005 - admitted in its annual report this week that "substantial doubt exists" about its ability to continue as a "going concern". The company has $13.19 billion in liabilities. Tuesday's disclosure came six weeks after Sears announced new steps aimed at jumpstarting sales and revitalizing the brand.

Business

TransCanada gets US State Department's OK for Keystone XL pipeline

But Donald Trump, while campaigning to be president of the United States, said he would reverse Obama's decision. "This announcement is part of a new era of American energy policy that will lower costs for American families and very significantly reduce our dependence on foreign oil and create thousands of jobs right here in America, " the president said in remarks from the Oval Office.

Business

Rare 1860s Photo Of Harriet Tubman Acquired By Library Of Congress, Smithsonian

The album is estimated to sell for $20,000 to $30,000, the gallery said. In the extended episode cowritten by Green and Pokaski, Hinds' Tubman delivers a monumental speech about her life, her divine goal and the perilous but necessary fight for freedom, making a passionate plea to abolitionists to shift their thinking, challenging them to take swift action against those who are determined to oppress others.

Business

N Korea Making Advances In Building Rockets, Missiles

The test measured the thrust power in the combustion chamber, the structural safety and reliability of the engine, and the movement of the turbine pump, state-owned Korean Central News Agency reported . Last week, Tillerson issued the Trump administration's starkest warning yet to North Korea, saying a military response would be "on the table" if it took action to threaten South Korean and USA forces.

Business

Toshiba's shareholders approve chip unit split off, paves way for sale

The vast conglomerate has lost more than half its market value since late December when Toshiba warned over a flood of red ink at Westinghouse and said it was investigating whistleblower claims of accounting fraud by senior executives at the division.

Business

Pettersen holds one-stroke lead at weather-hit ANA Inspiration

Park, who had an eagle on the hard, water-lined, par-4 sixth hole, built a lead throughout her second round to only see it fade with bogeys on the home holes. "It's heaven for golf and great surroundings", Pettersen said. Park became the first player to capture multiple wins at the HSBC Women's Champions at the beginning of March, and is looking to win her eighth major championship and second ANA Inspiration title this week.

Business

Lok Sabha approves 4 supplementary GST legislations

Initiating the discussion, Congress leader M Veerappa Moily criticised the government's move and said the GST bill can not be termed as a game-changer, alleging that the new legislation will lead to tax distortion between the state and central tax administration.

Business

Trump's son-in-law retains scores of real estate holdings

The White House is releasing as many as 180 financial disclosure reports for top aides, including for former Goldman Sachs executives. Jared Kushner's disclosure shows he took on tens of millions of dollars of bank debt in 2015 and 2016, including liabilities with several worldwide banks whose interests could come before the Trump administration.

Business

SpaceX 'recycled rocket' launch a huge step forward

It was previously used on a mission in April previous year and refurbished and tested on its return, still sporting its nine original engines. It means you can fly and refly an orbit-class booster which is the most expensive part of the rocket.

Business

Westminster attacker named as 52-year-old Khalid Masood from Kent

Nine people remain in custody and one woman has been released on bail, Rowley said. The Brighton Argus reported that Masood, who stood trial as Adrian Elms, "left Piers Mott with a three-inch gash on his left cheek" requiring 20 stitches, after an altercation with "racial overtones".

Business

Trudeau Government Presents Canadian Federal Budget

Angella MacEwen, an economist at the Canadian Labour Congress, welcomed the investment Wednesday but said she would like to see how the government plans to measure outcomes. "These investments, provided as a top-up to the Investment in Affordable Housing initiative and the new multilateral investment framework, will help approximately 3,000 northern families find adequate, suitable and affordable housing", says a budget document tabled March 22.

Business

Xi, Trump to meet at Florida resort on April 6

President Trump will host Xi for two days at his Mar-a-Lago resort in Florida. He tweeted: "The meeting next week with China will be a very hard one in that we can no longer have massive trade deficits...and job losses". Mr. Tillerson said the bilateral relations were based on "mutual respect" and "win-win" cooperation - phrases that connote U.S.'s willingness to accommodate China's position on Tibet, Hong Kong and Taiwan.

Business

Global Potassium Hexacyanoferrate Market 2017 Industry Growth with CAGR in Forecast

The report includes rigorous data, in-depth analysis in two ways, namely, quantitative and qualitative, industry professionals' inputs and data given by the industry members and industry analysts involved in the complete value cycle. Firstly, the report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. To start with, the report includes Packaging Printing market definition, categorization and supply chain ...

Business

Encana Corp (ECA) Stock Rating Reaffirmed by GMP Securities

Fiera Capital Corp now owns 2,592,438 shares of the company's stock worth $30,377,000 after buying an additional 319,371 shares during the last quarter. These analysts have also projected a Low Estimate of $0.01/share and a High Estimate of $0.08/share. On 11/3/2016 Encana Corp announced a quarterly dividend of $0.02 0.61% with an ex dividend date of 12/13/2016 which will be payable on 12/30/2016.

Business

Google promises tougher stance on hateful content amid advertising row

Schindler has pledged to expand Google's safeguards and to hire a "significant number of people" as a means to seize greater control over advertisements placed on YouTube and other platforms. The British government joined big banks and other companies in the ad boycott in recent days after their ads appeared next to extremist content , Mashable reports.

Business

Find bipartisan fix for Obamacare flaws

The California congresswoman also accused the GOP of not sharing a belief that "health care is a right" for all Americans. "I think if we had bipartisan [support, ] we could have a health-care bill that would be the ultimate", Trump said.

Business

Bridgegate-sentencing-christie-ally

Former Port Authority of NY and New Jersey official Bill Baroni was sentenced to two years in prison. Bridget Kelly and William Baroni Jr. were convicted late previous year of shutting down two lanes leading onto the bridge in 2013 as political revenge meant to benefit their boss, New Jersey Gov.

Business

What's going to happen to Meals on Wheels after Trump's budget cuts?

Instead, Abousleman said, Meals on Wheels receives federal dollars through the Older Americans Act, which was not mentioned as a part of the budget cuts. If that funding source is cut, they would have to turn seniors away or cut down from two meals per day to just one, she said. Between federal dollars and other contributions, such as individual donations, the program serves nearly $1 million in meals per year.

Business

Toshiba unit Westinghouse files for bankruptcy protection

Its business includes household appliances, railways, hydrogen energy and elevator systems. A decade later, that combination has melted down. However, the Japanese firm that the writedown of its U.S. SCG, -1.01% The utilities have said Toshiba is responsible for any Westinghouse debts related to the nuclear plants. Construction is about one-third complete, according to recent regulatory filings.

Business

S African finance minister sacked in shock reshuffle

The main opposition party, the Democratic Alliance, said it would file an urgent legal request to try and block the reshuffle and separately push for a parliamentary vote of no-confidence in the President. Frustration has been growing with Zuma after numerous allegations of corruption. South Africa's President, Jacob Zuma used the cabinet shuffle to replace Gordham with Malusi Gigaba .

Business

British laptop ban on flights to be introduced 'in coming days'

In addition, it included flights arriving from Dubai and Qatar. Under the USA ban, airports affected are Cairo International Airport (CAI) - Egypt, Queen Alia International Airport (AMM) - Jordan, Kuwait International Airport (KWI) - Kuwait, Mohammed V Airport (CMN) - Morocco, Hamad International Airport (DOH) - Qatar, King Abdul-Aziz International Airport (JED) - Saudi Arabia, King Khalid International Airport (RUH) - Saudi Arabia, Ataturk International Airport (IST) - Turkey, Dubai ...

Business

CABINET RESHUFFLE - Finance Minister, Pravin Gordhan, axed

Zuma appointed Malusi Gigaba, who was home affairs minister, to head the Treasury. Zuma also made several other changes in his cabinet, affecting ministries such as energy, police, tourism and others. On Wednesday, he said he would "open a new chapter" of his life if sacked. "We stand with them", Mthembu said. Africa's most industrialised economy faces the risk of being downgraded to junk status owing to weak economic growth after it got a reprieve previous year.

Business

Ingraham: Trump Attacking Freedom Caucus Is 'Really Unhelpful' to His Agenda

President Trump on Thursday Tweeted that Freedom Caucus members should be targeted for primary defeats in the 2018 mid-term elections. He said if Trump alienates them, then he won't have anywhere to turn for support. But the House speaker, Paul Ryan, the most senior Republican on Capitol Hill, spoke out against the prospect of healthcare cooperation on Thursday.

Business

South Africa's credit ratings at risk as Gigaba takes over Treasury

Zuma's replacement of Pravin Gordhan came as part of an overnight Cabinet shuffle that changes 10 of the country's 35 ministers. Economists and political analysts questioned the credentials of Gigaba, until now the home affairs minister, to replace Pravin Gordhan who built a strong reputation for fiscal prudence on markets but was sacked overnight by President Jacob Zuma.

Business

16 states, DC urge court to continue to block travel ban

A hearing has started in federal court in Hawaii on whether a judge should extend his temporary order blocking President Donald Trump's travel ban until the state's lawsuit is resolved. State Attorney General Douglas Chin says Wednesday's longer-lasting ruling means that Muslims and refugees will face less uncertainty. Mr Trump has complained of "unprecedented judicial overreach", pledging to take the case "as far as it needs to go".

Business

Jaitley calls GST revolutionary; no relief for tax payers, says Moily

Responding to members' questions, the minister said under the GST, for one commodity there will be only one tax rate in the country. For example, the Central Excise rate on a particular commodity is 7%, and VAT too is 7%, then it will come under the 12%-GST bracket even if the addition of both taxes is 14%.

Business

EU Brexit guide softens on United Kingdom relations

A growing row over Theresa May's apparent threat to pull security co-operation unless Brussels agrees a trade deal is a "misunderstanding", a British cabinet minister has insisted. In an interview on the BBC program " Brexit - What Next?" "We will approach these talks constructively and strive to find an agreement", they said.

Business

What an Idea! Merger with Voda makes it top mobile operator

Idea is set to include all of its assets including its standalone towers and its 11.15% stake in Indus Towers, with a total value of $10.8 billion excluding the Indus stake. Vodafone India and Aditya Birla Group-promoted Idea Cellular on Monday announced their much-awaited amalgamation, with Kumar Birla as the Chairman of the merged entity.

Business

China denies currency manipulation allegations ahead of Xi-Trump meeting

He said that imbalances in China-U.S. trade are mainly the result of global industrial trends , as well as disparities in the two countries' economic structures and development. Their first meeting was announced amid media attention on the trade relations between the world's two largest economies. Spicer added that some of the priority issues up for discussion will be trade, North Korea and territorial disputes in the South China Sea.

Business

Israel approves first West Bank settlement in 25 years

Israeli Prime Minister Benjamin Netanyahu has announced Israel will establish a brand new settlement in the heart of the West Bank, prompting criticism from the United Nations and Palestinian leaders, who call it an "illegal" move that undermines the chances for peace.

Business

Analyst Research Roundup: Huntington Bancshares Incorporated (HBAN), Oclaro, Inc. (OCLR)

ING Groep NV now owns 61,725 shares of the company's stock valued at $807,000 after buying an additional 22,157 shares in the last quarter. First Quadrant L P CA increased its position in shares of Huntington Bancshares by 107.9% in the third quarter.

Business

Dutch hunt coach to salvage 2018 dreams

Holland have suffered a desperate time of things of late, failing to qualify for Euro 2016 and changing managers four times in as many years. With injuries to regular defensive choices Virgil van Dijk, Jeffrey Bruma and Stefan de Vrij, Blind selected 17-year-old Ajax prospect Matthijs de Ligt for his debut at centre-back alongside Bruno Martins Indi.

Business

Hannity sides with Freedom Caucus over Trump

Trump took to Twitter to say the group co-founded by Champaign County GOP Rep. Jim Jordan will hurt the Republican agenda "if they don't get on the team, & fast". Meadows made no response to Trump on Facebook , Twitter or his office's website. The speaker then responded at a press conference on Capitol Hill: "The Democrats aren't for repealing Obamacare".


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