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Mazda announces breakthrough in long-coveted engine technology

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The new compression ignition engine is 20 percent to 30 percent more fuel efficient than the Japanese automaker's current engines and uses a technology that has eluded the likes of Daimler AG and General Motors Co. The announcement places traditional engines at the centre of Mazda's strategy and comes just days after Mazda said it will work with Toyota Motor Corp to develop electric vehicles and build a $1.6 billion US assembly plant. Lire la suite »

Careem Announces Strategic Partnership with Didi Chuxing

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Didi Chuxing , a major Chinese transportation service which supports 400 million users across China, has just become a major investor in Careem. Both of them will also collaborate by sharing information on transportation technology, product development, and operations, the two companies said. Lire la suite »

US Consumer Credit Increased by $12.4 Billion in June

Consumer credit increased at a seasonally adjusted annual rate of 3.9% in June, down from a revised 5.7% rate in May. The June increase in consumer borrowing was below economists' estimates for a $16 billion gain, according to Econoday. The credit report is closely watched for clues about the direction of consumer spending, which accounts for about 70 percent of economic activity. The average net charge-off rate for large USA card issuers, which is the percentage of outstanding debt that ... Lire la suite »

Oil Prices Fall Further as Libyan Field Resumes Production

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On the New York Mercantile Exchange crude futures for September delivery eased 0.16% to $49.31 a barrel, while on London's Intercontinental Exchange, Brent was last quoted at $52.24 a barrel. World oil prices are down on August 8, while investors are waiting for the outcome of the meeting of the Technical Committee on monitoring of implementation of the agreement of the countries of OPEC and other oil nations. Lire la suite »

Kinross Gold Corporation (NYSE:KGC) Chalking Up Volume in Session

This recommendation lands on a scale between 1 and 5. Kinross Gold Corp (NYSE: KGC)'s revenue estimates for the current quarter are $836.1 Million according to 6 number of analysts, for the current quarter the company has high revenue estimates of $871 Million in contradiction of low revenue estimates of $757.35 Million. Lire la suite »

Deutsche Wohnen AG (DWNI) PT Set at €37.50 by Deutsche Bank AG

Deutsche Bank AG now has a consensus rating of Hold and a consensus target price of $18.21. DZ Bank AG reiterated a sell rating on shares of Deutsche Bank AG in a report on Thursday, April 27th. Deutsche Wohnen AG has a one year low of €26.64 and a one year high of €35.70. Quadrant Capital Group LLC raised its position in Deutsche Bank AG by 478.3% in the first quarter. Lire la suite »

Standard Life shares down despite 13pc profit rise

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LONDON-Standard Life PLC (SL.LN) Tuesday reported a 14% fall in first-half pretax profit on a drop in revenue and lower investment returns, though the United Kingdom insurer has raised its dividend. Chief executive Keith Skeoch said: "We are ready to accelerate the pace of strategic delivery as we open the next chapter of our transformation to a diversified world-class investment company". Lire la suite »

Public Storage (NYSE:PSA) Stock Rating Lowered by Zacks Investment Research

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The stock presently has an average rating of "Hold" and an average target price of $223.45. A number of research analysts have recently weighed in on the company. This dividend represents a yield of $3.96. Evercore maintained it with "Hold" rating and $204 target in Tuesday, September 8 report. In other news, insider John Reyes sold 65,000 shares of Public Storage stock in a transaction that occurred on Friday, May 12th. Lire la suite »

Oil slides from 9-week highs on Opec concerns

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Global benchmark Brent crude futures are down 0.2 percent, at $52.26 a barrel at, after dipping 0.1 percent in the previous session, while USA crude futures West Texas Intermediate (WTI) are down 0.1 percent, at $49.32 a barrel, having fallen 0.4 percent on August 7, according to Reuters . Lire la suite »

ConvaTec Group PLC (CTEC) Price Target Cut to GBX 303

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Liberum Capital reissued a "sell" rating and issued a GBX 2,000 ($26.05) target price on shares of Diageo plc in a research note on Thursday, July 27th. The company has an average rating of "Hold" and a consensus target price of GBX 1,615.83 ($21.04). The stock was purchased at an average cost of GBX 2,465 ($32.10) per share, with a total value of £100,473.40 ($130,841.78). Lire la suite »

Iflix secures additional $133 million funding

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With funds raised now totalling $220m so far this year, iflix plans to invest in more local and original content. Two-year-old iFlix has raised about US$220mil this year. "It's fascinating to see iflix learn, scale and forge this new path". The first week of August has been busy one for the Asian startup, which provides Netflix-like subscription video on demand (SVoD) streaming service targeting primarily at emerging markets. Lire la suite »

Scandale des œufs contaminés

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L'enquête vise notamment à déterminer "si des produits contenant ces oeufs contaminés ont été commercialisés", a déclaré dans la soirée Fanny Molin, responsable de la sous-direction de la sécurité sanitaire des aliments au ministère de l'Agriculture, sur BFMTV. Lire la suite »

Earnings On Deck For Salem Media Group, Inc

Shares closed Monday down 5 cents or less than 1 percent to $7 on the Nasdaq. North Star Investment Management Corp. now owns 116,075 shares of the company's stock valued at $865,000 after buying an additional 41,725 shares during the period. Lire la suite »

Las Vegas Sands Corp. (LVS) Rating Reiterated by UBS AG

Going forward, the company is positive on its Cotai Strip portfolio of properties, buoyed by the addition of The Parisian Macao. Among 18 analysts covering Las Vegas Sands (NYSE:LVS), 11 have Buy rating , 0 Sell and 7 Hold. Bernstein. ILLEGAL ACTIVITY NOTICE: This story was posted by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this story on another site, it was illegally stolen and reposted in violation of USA & global copyright & trademark law. Lire la suite »

United Kingdom firms could face huge fines for inadequate cyber security

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And the threat to firms from cyber-attacks appears to have grown. The same prinicples must be applied to other threats to IT systems such as power outages, hardware failures and environmental hazards. Despite Brexit, the United Kingdom government has committed to aligning its data protection law with the GDPR and transposing the NIS directive into United Kingdom law. Lire la suite »

Milacron Holdings Corp. (MCRN) Stock Rating Lowered by BidaskClub

TimesSquare Capital Management LLC now owns 3,060,200 shares of the industrial products company's stock valued at $56,950,000 after buying an additional 1,017,200 shares during the last quarter. On average, equities research analysts expect that Milacron Holdings Corp . will post $1.62 earnings per share for the current year. If you are accessing this report on another website, it was illegally copied and reposted in violation of global trademark & copyright legislation. Lire la suite »

Australia's biggest bank slashes top pay amid laundering claims

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The accusations have revived calls for a powerful judicial inquiry into Australia's banking system following a series of scandals including insurance fraud and interest rate rigging in recent years. Under Australian law, a board spill can be triggered if two consecutive remuneration reports are voted down. CBA's directors met on Monday, and investors reportedly debated how the board needs to respond to last week's claims by Austrac. Lire la suite »