This week is going to be a very interesting week with so many news coming out to the market that can greatly affect the month of August. Bulls are fighting really hard to stay ahead and bears could be potentially lurking around the corner. Will this week spark a catalyst to tilt one of them […]
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BBC News – Business- Eddie Stobart chief to leave as shares suspendedThe transport firm, known for its green lorries, revealed a £2m discrepancy in its accounts last month.
- Hasbro to buy Peppa Pig owner Entertainment One for $4bnThe US toy maker will expand its entertainment portfolio with other preschool brands including PJ Masks.
- Would you let your child become a 'kid influencer'?Social media influencers are getting younger and younger, but at what cost to their wellbeing?
- How bingo became a million dollar ideaThe BBC's Aaron Heslehurst explains how bingo became a multi-million dollar idea.
- Facial recognition technology aims to cut passport queue timesThe UK Home Office is considering a system which would let you walk through immigration without showing your passport.
- The future of food: Why farming is moving indoorsVertical farming is fast-expanding but the costs are high and the food range is limited - for now.
- Ryanair rated 'greedy and arrogant' by customersRyanair has been rated worst for customer service out of 100 big British brands, according to Which?.
- Universal credit 'forces tenants into rent arrears'Universal credit is causing tenants to fall behind with rent, warns the Residential Landlords Association.
- Can Fed chief dig himself out of a (Jackson) Hole?Jerome Powell, Donald Trump's least favourite banker, is the star turn at the annual event in Wyoming.
- Brexit: Northern Ireland farmers warn of no deal risksSome food producers say a no-deal Brexit could put them out of business within three days.
- Eddie Stobart chief to leave as shares suspended
- Reuters: Business News
- U.S. SEC fines Deutsche Bank $16 million to settle foreign corruption chargesDeutsche Bank has agreed to pay more than $16 million to settle charges that it violated U.S. corruption laws by hiring relatives of foreign government officials in order to win or retain business, the U.S. markets regulator said on Thursday.
- Wells Fargo pays $6.5 million to Navajo Nation over 'predatory' practicesWells Fargo & Co will pay the Navajo Nation $6.5 million to settle a lawsuit over "predatory and unlawful practices" by the bank, the Native American tribe said on Thursday.
- Facing farmer anger, Trump scrambles Cabinet to brainstorm on biofuel policy: sourcesU.S. President Donald Trump, faced with mounting anger in the farm belt over policies that allow oil refineries to use less corn-based ethanol, summoned Cabinet members on Thursday to discuss ways to boost biofuel demand, four sources familiar with the matter said.
- Asian stocks shaky before Powell's speech as growth woes weighAsian shares struggled to make any headway on Friday as weak U.S. manufacturing activity and uncertainty over how much further the Federal Reserve would cut rates added to the general air of caution in markets buffeted by global growth fears.
- For U.S. housing, trade war set to blunt some of Fed stimulus: Reuters pollThe U.S.-China trade war may blunt some of the stimulus on the U.S. housing market from expected further interest rate cuts by the Federal Reserve, with only a modest outlook for price rises, a Reuters poll of property market experts found.
- FAA says it will invite global Boeing 737 MAX pilots to simulator testsThe U.S. Federal Aviation Administration said on Thursday it would invite Boeing 737 MAX pilots from across the world to participate in simulator tests as part of the process to recertify the aircraft for flight following two fatal crashes.
- Hasbro takes home Peppa Pig, PJ Masks in $4 billion eOne dealHasbro Inc will buy Entertainment One Ltd for about $4 billion (3.27 billion pounds) in cash, expanding into the lucrative infant and preschool market by gaining access to popular TV shows like Peppa Pig and PJ Masks.
- FAA says invites global Boeing 737 MAX pilots to simulator testsThe U.S. Federal Aviation Administration said on Thursday it has invited a cross-section of line pilots from global carriers that operate Boeing Co's 737 MAX to participate in simulator testing as part of an overall testing and validation process of new MAX procedures.
- U.S. plans in-person China trade talks next month: White House adviserThe Trump administration is still planning for a round of in-person talks between U.S. and Chinese officials in September after a constructive exchange this week between deputy-level negotiators, White House economic adviser Larry Kudlow said on Thursday.
- Salesforce sees higher quarterly, FY revenue; shares rise 7%Salesforce.com Inc forecast third-quarter and full-year revenue above Wall Street estimates on Thursday, as it benefits from acquisitions and more companies opting for its cloud-based services, sending its shares up 7% in extended trading.
- U.S. SEC fines Deutsche Bank $16 million to settle foreign corruption charges