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2019-02-20 18:53:35Z 2019-02-21 00:51:58Z 2019-02-20 20:47:29Z 2019-02-21 02:38:53Z 2019-02-20 18:56:27Z

News: Business

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Telecoms group Orange strikes cautious tone as French price war lingers on

Business
2019-02-21 10:04:21Z

Orange expected core operating profit to grow at a slower pace in 2019 than 2018, despite a good performance in its home country and in its second-biggest market, which is Spain. "Today's competitive environment has intensified and shows no sign of waning, so it inevitably has an impact on our capacity to generate growth," Chief Financial Officer Ramon Fernandez said in a call with reporters, referring to France. Orange and its French rivals Iliad, Bouygues Telecom and Altice Europe's SFR are engaged in a commercial race to win customers for their fixed and mobile businesses, while also having to spend at the same time billions of euros on upgrading their networks.

Banning Huawei from 5G would cause difficulties: T-Mobile Polska CEO

Business
2019-02-21 09:44:03Z

If Poland excludes Chinese tech giant Huawei from 5G development it would cause difficulties and possibly delay the network rollout, the chief executive of the Polish unit of T-Mobile said on Thursday. "If you exclude a market leader, and Huawei is a market leader in new technology, and knowing that you have almost all operators having Huawei equipment, this will bring some difficulties, this is clear. This could end up in a delay," Andreas Maierhofer, CEO of T-Mobile Polska, told a news conference.

Pope demands bishops act now to end scourge of sex abuse

Business
2019-02-21 09:36:30Z

VATICAN CITY (AP) - Pope Francis warned church leaders summoned Thursday to a landmark sex abuse prevention summit that the Catholic faithful are demanding more than just condemnation of the crimes of priests but concrete action to respond to the scandal.

As Trump and Kim prepare for summit, bars in Vietnam serve 'Peace Negroniations'

Business
2019-02-21 09:34:40Z

Bars in Vietnam's capital are cashing in on the second summit between U.S. President Donald Trump and North Korean leader Kim Jong Un next week with special concoctions to mark the high-stakes diplomacy. "This beer was inspired by the pure streams of Mount Paektu between North Korea and China," Nguyen Thi Huong Anh, manager of Hanoi's Standing Bar, said of the "Kim Jong Ale", brewed especially for the summit. The mountain is the highest on the Korean peninsula at about 2,750 meters (9,000 ft) and the official birthplace of the late North Korean leader, Kim Jong Il.

Maersk Shares Plunge on Slowing Economies and Trade Tensions

Business/Economy
2019-02-21 09:17:32Z

Maersk and its container shipping peers face a real test of demand, we expect trade is in for a significant slowdown in 2019 as we are past the inventory buildup phase driven by cargo front-loading," said Rahul Kapoor, an analyst at Bloomberg Intelligence in Singapore. Industry is unlikely to escape the souring economic sentiment and a deepening manufacturing slowdown. In a note to analysts, Fearnley Securities referred to the "growing uncertainty" around Maersk, with "a lot of news to digest, but overall soft guidance, roughly 20 percent below expectations, and high uncertainty leaves continued poor risk-reward in our view.

'Concrete measures' on sex abuse needed, pope tells Vatican summit

Business
2019-02-21 09:04:59Z

Pope Francis opened Thursday a landmark summit at the Vatican on fighting child sex abuse, saying that the world expected "concrete measures" on tackling paedophilia in the Catholic Church. The pontiff will dedicate the next three and a half days to discussing the Church's response to child abuse by members of the clergy with bishops from around the world. The pope is aiming to tackle the continuing scandal, which again hit the Church in 2018 in countries across the globe, including Chile, Germany and the United States.

Bahrain's Central Bank Launches Sandbox for Blockchain Companies: Report

Business
2019-02-21 08:57:00Z

Bahrain's central bank is launching a regulatory sandbox to allow blockchain and crypto companies to work in the country, pending formalized regulations. The news was reported by Bloomberg оn Feb. 20. Dalal Buhejji, business manager at Bahrain's Economic Development Board, told Bloomberg the initiative will enable firms "to test their solution on a limited number of users, with a limited number of transactions." Buhejji said the initiative is intended to expedite new companies' entrance into the market.

Jussie Smollett investigation, Oakland teachers strike, MLB spring training game: 5 things to know Thursday

Business
2019-02-21 08:54:10Z

Bond hearing set after Jussie Smollett gets charged with disorderly conduct, Oakland teachers expected to strike and more things to start your Thursday.

Saudi crown prince arrives in China

Business
2019-02-21 08:53:24Z

Saudi Crown Prince Mohammed bin Salman arrived in Beijing Thursday as the monarch aims to seal partnerships on a high-profile Asia tour following a diplomatic crisis over a journalist's brutal murder. Mohammed is expected to meet Chinese President Xi Jinping on his two-day trip to the Chinese capital following visits to Pakistan and India. The tour has allowed him to show that Riyadh still has allies after the grisly murder of Saudi journalist Jamal Khashoggi -- a fierce critic of Mohammed -- at the Saudi consulate in Istanbul tarnished the image of the kingdom and the prince.

Wary of Xinjiang backlash, China invites waves of diplomats to visit

Business
2019-02-21 08:49:43Z

Since December, China has taken at least three groups of foreign diplomats to visit to what it calls re-education and training facilities, but rights groups say are internment camps. The country's foreign ministry said on Saturday that Geneva-based diplomats from Pakistan, Venezuela, Cuba, Egypt, Cambodia, Russia, Senegal and Belarus were visiting Xinjiang on a trip that ended on Tuesday. Six diplomatic sources told Reuters that the government had invited for the next visit China-based diplomats from Saudi Arabia, Algeria, Morocco, Lebanon, Egypt, Singapore, Vietnam, Laos, Myanmar, Cambodia, Bangladesh, Russia, Turkmenistan, Georgia, Hungary and Greece.

Google fails to disclose microphone in Nest Secure

Business
2019-02-21 08:36:34Z

Earlier this month, Google said https://www.blog.google/products/assistant/nest-secure-google-assistant Nest Secure would be getting an update and users could now enable its virtual assistant technology Google Assistant on Nest Guard. The device's published specifications did not mention a microphone, however the updated product page https://nest.com/alarm-system/tech-specs/#nest-guard-heading now mentions one.

Exclusive: U.S., China sketch outlines of deal to end trade war - sources

Business/Economy
2019-02-21 08:35:32Z

The United States and China have started to outline commitments in principle on the stickiest issues in their trade dispute, marking the most significant progress yet toward ending a seven-month trade war, according to sources familiar with the negotiations. As officials hold high level talks on Thursday

Despite Putin's swagger, Russia struggles to modernize its navy

Business
2019-02-21 08:28:43Z

Earmarked for Russia's Black Sea Fleet, the frigates fell victim to sanctions imposed by Ukraine in 2014 after Russia annexed the Crimean peninsula, prompting Kiev to ban the sale of the Ukrainian-made engines needed to propel them. With Moscow unable to quickly build replacement engines for the Admiral Grigorovich-class frigates, construction stopped. Russia is now cutting its losses and selling the three ships to India without engines.

Remain or leave? Carmakers confront hard Brexit choices

Business
2019-02-21 08:27:50Z

ST ATHAN, Wales/GAYDON, England (Reuters) - In three cavernous former Royal Air Force hangars at an old airbase in Wales, luxury carmaker Aston Martin is forging ahead with construction of a new vehicle assembly plant. The paint shop is in, robots are being unpacked, and production of the company's critical new sport utility vehicle is on track to start this year - Brexit deal or no deal. "I still have to believe that we'll get to a proper and right decision because a no-deal Brexit is frankly madness," Aston Martin CEO Andy Palmer told Reuters at the company's Gaydon headquarters in England, where designers are working on a diverse lineup of vehicles for the 2020s and beyond.

NetEase (NTES) Q4 2018 Earnings Conference Call Transcript

Business
2019-02-21 08:25:50Z

NTES earnings call for the period ending December 31, 2018.

Volkswagen boss says U.S. tariffs could cost up to 2.5 billion euros: Financial Times

Business
2019-02-21 08:20:08Z

The biggest threat to Volkswagen's 2019 profit is potential tariffs from the United States, Chief Executive Herbert Diess told the Financial Times. "It's becoming tense once again," Diess told the FT. Analysts at London-based Evercore ISI said tariffs could cost Volkswagen 2.5 billion euros ($2.8 billion) a year, about 13 percent of expected earnings.

Grand Canyon Education (LOPE) Q4 2018 Earnings Conference Call Transcript

Business
2019-02-21 08:14:24Z

LOPE earnings call for the period ending December 31, 2018.

Agilent Technologies (A) Q1 2019 Earnings Conference Call Transcript

Business
2019-02-21 07:49:03Z

A earnings call for the period ending January 31, 2019.

Green Dot Corp (GDOT) Q4 2018 Earnings Conference Call Transcript

Business
2019-02-21 07:31:31Z

GDOT earnings call for the period ending December 31, 2018.

Anonymous Security Researcher Uncovers Exploit in Bitmain's Bitcoin Miner S15

Business
2019-02-21 07:29:57Z

Developer James Hilliard, best known for his Bitcoin Improvement Proposal #91 (the BIP which activated SegWit and prevented SegWit2x) and the CGMiner program, discovered a vulnerability in Bitmain's Antminer S15 firmware. The vulnerability was then turned into an exploit by an anonymous security researcher. Hilliard has publicly demonstrated the exploit in action: @BITMAINtech tried and failed to lock down the S15 firmware, I identified the vulnerability and @00whiterabbit wrote/tested the attack code. Once @BITMAINtech complies with the GPL licenses for the firmware I will disclose the vulnerability to them so that they can fix it. pic.twitter.com/zwsAaPQjRL - James Hilliard...

Sony to beef up chip business with new engineers

Business
2019-02-21 07:24:20Z

Sony Corp said on Thursday it will assign 40 percent of its new engineer hires in Japan over the next two years to the chip business which includes imaging sensors, as it looks for growth from new applications in everything from cars to phones. The allocation is in line with the company's plans to invest 600 billion yen ($5.4 billion) in imaging sensors over the three years through March 2021, or half of the group's planned capital expenditures. Sony controls more than half of the imaging sensor market for smartphones, and the sensor business was a key driver of a turnaround for the conglomerate which in its heyday led the world in consumer gadgets.

Exclusive: SpaceX, Boeing design risks threaten new delays for U.S. space program

Business
2019-02-21 06:51:35Z

NASA is paying SpaceX $2.6 billion and Boeing $4.2 billion to build rocket and capsule launch systems to return astronauts to the International Space Station from U.S. soil for the first time since America's Space Shuttle program went dark in 2011. Just ahead of the first scheduled un-manned test flight slated for March 2 under NASA's multibillion-dollar Commercial Crew Program, NASA's safety advisory panel cited four "key risk items" in its 2018 annual report earlier this month. For Boeing, they include the capsule's structural vulnerability when the heat shield is deployed.

Exclusive: China central bank sees benchmark rate cut as last resort, may use other tools - sources

Business
2019-02-21 06:47:16Z

China's central bank is not yet ready to cut benchmark interest rates to spur the slowing economy, despite cooling inflation and a stronger yuan, which have fanned market expectations of such a move, policy sources told Reuters. "We cannot rule out a (benchmark) rate cut, but we still need to watch economic data for a few months," one said. China's trading partners and major central banks are increasingly concerned over how quickly the world's second-largest economy is decelerating and much it will drag on global growth.

Singapore Airlines denies snooping with seatback cameras

Business
2019-02-21 06:44:35Z

Singapore Airlines insisted Thursday that cameras on its planes' entertainment systems had been disabled after an outcry online from worried passengers who spotted the tiny lenses peering at them. Travellers took to Twitter and other social media to raise the alarm over the cameras at the bottom of seatback screens on a number of the Singapore flag carrier's newer aircraft. "Just found this interesting sensor looking at me from the seat back on board of Singapore Airlines.

Should You Be Impressed By Tate & Lyle plc's (LON:TATE) ROE?

Business
2019-02-21 06:38:16Z

Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! One of the best investments we can make is inRead More...

Exclusive: China's Dalian port bans Australian coal imports, sets 2019 quota - source

Business
2019-02-21 06:36:52Z

Customs at China's northern Dalian port has banned imports of Australian coal and will cap overall coal imports for 2019 through its harbors at 12 million tonnes, an official at Dalian Port Group told Reuters on Thursday. The indefinite ban on imports from top supplier Australia, effective since the start of February, comes as major ports elsewhere in China prolong clearing times for Australian coal to at least 40 days. Coal is Australia's biggest export earner and the Australian dollar tumbled on the news, falling more than 1 percent to as low at $0.7086 .

Vietnam, site of next Trump-Kim summit, model for growth

Business
2019-02-21 06:34:38Z

BANGKOK (AP) - Vietnam, the location of President Donald Trump's next meeting with North Korean leader Kim Jong Un, has come a long way since the U.S. abandoned its war against communist North Vietnam in the 1970s.

Nikkei turns up, marks 4th day of gains on U.S.-China trade hopes

Business/Economy
2019-02-21 06:34:32Z

Japan's Nikkei reversed course and ended higher as optimism over U.S.- China trade talks lifted companies which have large exposure to China such as Yaskawa Electric and Fanuc. Reuters reported that top U.S. and Chinese trade officials are working this week to hash out language on six broad agreements that aim to resolve the most contentious issues in their seven-month trade war. The Nikkei share average ended 0.2 percent higher to 21,464.23, after trading in negative territory for much of the day.

How Do Analysts See Bankia, S.A. (BME:BKIA) Performing In The Next 12 Months?

Business
2019-02-21 06:33:52Z

Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! On 31 December 2018, Bankia, S.A. (BME:BKIA) released its earningsRead More...

Why Bharatiya Global Infomedia Limited's (NSE:BGLOBAL) Return On Capital Employed Might Be A Concern

Business
2019-02-21 06:32:44Z

Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Today we'll look at Bharatiya Global Infomedia Limited (NSE:BGLOBAL) andRead More...

How Wey Education plc (LON:WEY) Could Add Value To Your Portfolio

Business
2019-02-21 06:29:30Z

Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Wey Education plc (LON:WEY) is a company with exceptional fundamentalRead More...

Are AF Global Limited's (SGX:L38) Interest Costs Too High?

Business
2019-02-21 06:27:33Z

Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Investors are always looking for growth in small-cap stocks likeRead More...

An Intrinsic Calculation For McColl's Retail Group plc (LON:MCLS) Shows It's 21.54% Undervalued

Business
2019-02-21 06:25:07Z

Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! In this article I am going to calculate the intrinsicRead More...

Do Insiders Own Lots Of Shares In Oswal Greentech Limited (NSE:BINDALAGRO)?

Business
2019-02-21 06:22:24Z

Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Every investor in Oswal Greentech Limited (NSE:BINDALAGRO) should be awareRead More...

Read This Before You Buy ASM International NV (AMS:ASM) Because Of Its P/E Ratio

Business
2019-02-21 06:20:44Z

Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! The goal of this article is to teach you howRead More...

Do Insiders Own Shares In T T J Holdings Limited (SGX:K1Q)?

Business
2019-02-21 06:17:15Z

Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! The big shareholder groups in T T J Holdings LimitedRead More...

N Carolina US House candidate faces questions over choices

Business
2019-02-21 06:13:51Z

RALEIGH, N.C. (AP) - The Republican narrowly leading the country's last undecided congressional election wants North Carolina elections officials to overlook ballot manipulation in a rural county and declare him the winner. But Mark Harris will have to overcome testimony from a compelling witness - his son.

Asian stocks higher ahead of US-China tariff war talks

Business/Economy
2019-02-21 06:12:45Z

Asian stock markets rose Thursday following a listless day on Wall Street ahead of U.S.-Chinese negotiations aimed at ending a tariffs battle. Tokyo's Nikkei 225 index gained 0.4 percent to 21,528.25 after ...

Could New Focus Auto Tech Holdings Limited's (HKG:360) Investor Composition Influence The Stock Price?

Business
2019-02-21 06:12:04Z

Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! The big shareholder groups in New Focus Auto Tech HoldingsRead More...

Don't Sell Nobia AB (publ) (STO:NOBI) Before You Read This

Business
2019-02-21 06:11:58Z

Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! This article is written for those who want to getRead More...

Google's new cloud boss has big task to catch rivals, Reuters data show

Business
2019-02-21 06:11:31Z

Alphabet Inc's cloud computing division remains a distant third behind Amazon.com Inc and Microsoft Corp in terms of global revenue, according to analysts' estimates. A few major companies manage their data on Google's servers. While not comprehensive, the data provide a window into Google's challenge.

Investors Are Undervaluing Bonduelle SA (EPA:BON) By 34.23%

Business
2019-02-21 06:07:36Z

Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Does the February share price for Bonduelle SA (EPA:BON) reflectRead More...

How Does Investing In Media Asia Group Holdings Limited (HKG:8075) Impact The Volatility Of Your Portfolio?

Business
2019-02-21 06:06:50Z

Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! If you're interested in Media Asia Group Holdings Limited (HKG:8075),Read More...

Advocates say US still separates migrant families needlessly

Business
2019-02-21 06:06:32Z

HOUSTON (AP) - Months after the Trump administration announced an end to its widescale separation of migrant parents and children, the policy remains a heated issue in the courts and at the border as critics contend the government is still needlessly breaking up immigrant families.

Should You Be Worried About Insider Transactions At Logitech International S.A. (VTX:LOGN)?

Business
2019-02-21 06:03:13Z

Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! It is not uncommon to see companies perform well inRead More...

Should You Worry About Sandvik AB's (STO:SAND) CEO Salary Level?

Business
2019-02-21 05:59:14Z

Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Björn Klas Rosengren has been the CEO of Sandvik ABRead More...

Is Mermaid Maritime Public Company Limited (SGX:DU4) A Financially Sound Company?

Business
2019-02-21 05:56:29Z

Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Investors are always looking for growth in small-cap stocks likeRead More...

Associated British Foods plc (LON:ABF): Is It A Smart Long Term Opportunity?

Business
2019-02-21 05:54:27Z

Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! After Associated British Foods plc's (LON:ABF) earnings announcement in SeptemberRead More...

Vanuatu to give disposable diapers the flush

Business
2019-02-21 05:52:59Z

The Pacific nation of Vanuatu has announced plans to ban disposable diapers in a move it says will significantly reduce pollution. Foreign Minister Ralph Regenvanu announced the ban at a conference in Port Vila this week, saying plastic cutlery, polystyrene cups, plastic drinks stirrers and types of food packaging would also be outlawed. Vanuatu is one of several Pacific nations severely affected by climate change and prides itself on showing environmental leadership.

Can Speed Apparel Holding Limited (HKG:8183) Maintain Its Strong Returns?

Business
2019-02-21 05:51:18Z

Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Many investors are still learning about the various metrics thatRead More...

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