Economy

BMW reveals first image of next-generation 'i' vehicle

BMW reveals first image of next-generation 'i' vehicle BMW hasn't revealed much else about the vehicle other than it will be developed in parallel with the i4, another all-electric sedan which like many forthcoming BMW products, would certainly also have semi-autonomous driving capability. BMW has teased a new picture of the iNEXT concept auto that it will reveal later this year. Earlier this year, BMW also said that it increased the planned ra... [Full Article...]

Tencent advances revenues 48%, profit over 60% in Q1

Tencent advances revenues 48%, profit over 60% in Q1 Tencent has several different businesses including gaming and advertising, and owns WeChat , the largest messaging app in China . Profit was up 61% at 23.29 billion yuan ($3.7 billion). Shares of Tencent have come under pressure of late and are off by 17% from an all-time high from January. The market is still quite bullish on the stock, despite some of the concern over spending. [Full Article...]

Why Walmart Earnings Were Good Enough

Why Walmart Earnings Were Good Enough When we look at the Volatility of the company, Week Volatility is at 1.75% whereas Month Volatility is at 1.69%. Wal-Mart Stores Inc. The stock has fallen around 20 percent from an all-time high in January. The TTM operating margin for the company stands at 3.5%. "We're also rolling out grocery delivery to about 800 stores by year-end, allowing us to cover 40% of the USA population with delive... [Full Article...]

Man attacks Jetstar plane after storming the tarmac

Man attacks Jetstar plane after storming the tarmac The unruly traveler somehow made it past the crew and up to outside the aircraft, where he proceeded to yank on the handle, placing his foot against the plane to get more leverage. "Someone was running on the tarmac". In the process, the 57-year-old is said to have assaulted an employee of the airline he was meant to be travelling with, Jetstar, and has been charged by police. [Full Article...]

Leak of Italian government programme rattles financial markets

Leak of Italian government programme rattles financial markets Blunt-talking Matteo Salvini , who heads the right-wing anti-migrant League party, indicated he'd prefer to go to a new election, 10 weeks after a vote yielded political gridlock, if his forces don't get a "free hand to manage the security of Italians". [Full Article...]

Outrage over racial slur printed on Starbucks cup

Outrage over racial slur printed on Starbucks cup Pedro, who asked not to be identified by his last name, ordered two coffees from the cafe and received his order with the word "beaner" on both cups in place of his name, he told NBC4's sister station, Telemundo 52 . "After the April 12 incident, Starbucks vowed to "take actions" to fix and reaffirm our values and vision for the kind of company we want to be". [Full Article...]

BT Plus will grant you unlimited mobile data when your Wi-Fi goes down

BT Plus will grant you unlimited mobile data when your Wi-Fi goes down BT has pledged to bring all its call centres back to the United Kingdom and Ireland and is planning a converged broadband and mobile network as part of raft of announcements for its customers. Plusnet will also launch a new self-service app for mobile customers to view their bill and get help on a range of topics 24/7. "Flex" allows users to change their allowances, and even take a month off... [Full Article...]

Last Week esure Group plc (LON:ESUR) Ratings

Last Week esure Group plc (LON:ESUR) Ratings This Morning, Wednesday morning, SSP Group Plc (LON:SSPG)'s Buy rating was maintained by Analysts at Shore Capital in analysts note. Marston's Brewery presently has an average rating of "Hold" and an average target price of GBX 120 ($1.63). [Full Article...]

Paddy Power Betfair in talks to buy Fanduel

Paddy Power Betfair in talks to buy Fanduel A court ruling banning sports betting in many USA states was overturned earlier this month. Many analysts believe London-listed firms are well placed to grab a slice of the USA market, where some estimates say almost $150bn (£111bn) in illegal wagers are placed every year. [Full Article...]

France's Total will quit Iran gas project if no sanctions waiver

France's Total will quit Iran gas project if no sanctions waiver Continuing to do business in Iran would be too great a risk as the company has large operations in the USA and depends on the country's banks for financing its operations, Total (tot) said in a statement Wednesday. Total does about 30 percent of its business through the U.S. banking system. "The fines are in the multibillions these days so it's just not worth the risk for a small piece of bu... [Full Article...]

Tesla Model S involved in another Autopilot accident

Tesla Model S involved in another Autopilot accident The US National Transportation Safety Board is investigating the accident, which led to the death of a 38-year-old father of two, Walter Huang. Police say the auto smashed into a stationary firetruck at around 100km/h, leaving the driver with a broken right ankle. [Full Article...]

EU TO Defend Firms Against US Iran Sanctions - Macron

EU TO Defend Firms Against US Iran Sanctions - Macron French President Emmanuel Macron said that nuclear deal with Iran should be supplemented and it is necessary to continue negotiations, including on missile program. Iran has said it may start enriching uranium again if it can no longer see any economic benefit from sticking to the deal, which lifted earlier global sanctions on the Islamic Republic in exchange for it curbing its nuclear ambitions... [Full Article...]

Woman detained after feces flinging incident at Langley Tim Hortons

Woman detained after feces flinging incident at Langley Tim Hortons The disturbing incident was captured on the shop's security camera and uploaded to a variety of social media sharing platforms Wednesday, including Liveleak and YouTube. Tim Hortons told the Province that the employees "used their discretion in this case and denied access to this guest based on past behaviour and out of concern for the immediate safety of team members and guests in the rest... [Full Article...]

Apple demands Dollars 1 billion from Samsung for patent infringement