SATS is currently forming a bollinger squeeze and trading between a range of 2.55 to 2.65. There is no bearish or bullish signals seen yet. Using imagination, it is also forming a sausage dog chart pattern, never before seen…
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BBC News – Business
- West Coast Rail: Preston-to-Scotland rail fares to be cappedThe UK's competition watchdog agrees to cap rail fares on certain routes between Scotland and Preston.
- Macron pension reform: France enters second day of strikesTransport and services will once again be affected after 800,000 people joined protests on Thursday.
- Garuda airline boss to lose job over smuggled motorbikeThe boss of Indonesia's national airline is accused of not declaring the importation of a Harley Davidson.
- Uber had 6,000 US sexual assault reports in two yearsThe figures come as the ride-hailing company is under intense pressure globally over safety issues.
- How the egg box became a million dollar ideaThe BBC's Aaron Heslehurst explains how the egg box became a million dollar idea.
- Saudi Aramco raises $25.6bn in world's biggest share saleThe oil giant's listing is the biggest to date, surpassing that of China's Alibaba in 2014.
- Thomas Cook customers face refund delaysOne in three of the first Thomas Cook customers to claim refunds will not be paid within the 60-day target.
- DeepMind co-founder Mustafa Suleyman switches to GoogleThe man behind controversial Streams app is to join Google to develop AI solutions.
- Macron pension reform: Why are French workers on strike?Hospital staff, police and transport employees join France's biggest strike in decades - but what for?
- British Steel's French site advertised for saleChina's Jingye has agreed to buy the whole company, but is reportedly furious about developments in France.
- West Coast Rail: Preston-to-Scotland rail fares to be capped
Reuters: Business News
- Labor group accuses Google of firing four to deter workers from union activitiesThe Communications Workers of America union filed a federal labor charge against Alphabet Inc's Google on Thursday, accusing the company of unlawfully firing four employees to deter workers from engaging in union activities.
- Saudi Aramco prices shares at top of range in world's biggest IPORIYADH/DUBAI Reuters - State-owned oil giant Saudi Aramco's initial public offering (IPO) will be the biggest in history, but will fall short of the towering $2 trillion valuation long sought by Crown Prince Mohammed bin Salman.
- GM, LG Chem to build $2.3 billion electric vehicle battery plant in OhioGeneral Motors Co and South Korea's LG Chem said on Thursday they will invest $2.3 billion to build an electric vehicle battery cell joint venture plant in Ohio, creating one of the world's largest battery facilities.
- Asian shares firm, oil near two-month high after deeper output cutAsian stocks held firm on Friday as U.S. President Donald Trump's rhetoric kept investors' hopes up on a trade deal with China, while oil sat near two-month highs after producers led by Saudi Arabia and Russia agreed on further output cuts.
- Uber says it received over 3,000 reports of sexual assault in U.S. in 2018Ride-hailing firm Uber Technologies Inc on Thursday said it had received more than 3,000 reports of sexual assault, including rape, related to its trips in the United States in 2018, at a time when it operated roughly 1.3 billion rides.
- Google co-founders step aside as Pichai takes helm of parent AlphabetGoogle co-founders Larry Page and Sergey Brin are stepping aside as leaders of the Internet behemoth they founded 21 years ago, ending an extraordinary run that saw them build one of the world's most valuable and influential companies.
- Factbox: Alphabet's 'Other bets' in focus as Google's Pichai takes helmGoogle Chief Executive Officer Sundar Pichai will replace Larry Page as CEO of parent Alphabet Inc, heralding a new chapter for the company that helped reshape the global tech industry under its co-founders Page and Sergey Brin.
- No apology to Elon Musk from British diver at 'pedo guy' defamation trialThe British cave explorer suing Elon Musk for calling him a "pedo guy" on Twitter testified on Thursday his criticism of the Tesla Inc chief executive that led to the tweet was not a personal attack.
- Boeing says 737 MAX approval delays could hit productionSignificant additional regulatory requirements or delays in returning Boeing Co's 737 MAX to commercial service could cause it to cut or temporarily halt production of the aircraft, it said in an Oct. 18 letter released on Thursday.
- Facebook sues ILikeAd, alleges ad fraudFacebook Inc on Thursday sued a Hong Kong company that it said baited people into clicking on celebrities' photos and bogus advertising links, so it could install malware and run ads for counterfeit goods, diet pills and male enhancement supplements.
- Labor group accuses Google of firing four to deter workers from union activities
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