Delhi residents have been witnessing chilling cold, drizzling and heavy fog. The Fog is so dense that visibility range has been reported to remain around 75 meters during 10 am to 4 pm. Despite adopting highest ILS, CAT IIIB, air movement has been kept stalled for around 6 hours. According to IGIA met office partly thundery weather may prevail on Sunday next.
The instability in Chinese economy, after the dragon country devalued Yuan for eighth time, has created tremors across the global bourses. All the sectors fell in the range of 0.4 percent to 1.8 percent on the Wall Street. Safe haven yellow metal gained four percent in 2016. Chinese CSI 300 index fell 7%.
The US-based five airlines - Delta, Southwest, American, United and Virgin America have raised base fare on domestic travel. The hike is effective for corporate, leisure and discounted fares. Airlines are bullish on margins as business travel is expected to be stable even leisure travel takes a dip. The five airlines control 80 percent of the US domestic travel. Airlines are set to post surge in operational profits owing to lower fuel costs.
The year 2016 is expected to be positive for gold, oil and airlines segments. The sluggish real growth will propel gold prices. After declining for 18 months, oil price technically may make a rebound. Lower fuel costs and rising passenger traffic propel airlines to make more profits this year.
Another exciting product has emerged in Consumer Electronic Show 2016. EHang, the Chinese UAV manufacturer introduces drone that is able to carry human passenger.
JPMorgan Chase & Co has replaced KCG Holdings Inc with Virtu Financial Inc as its market maker. Virtu from Wednesday onwards takes care of JPMorgan Chase's stock on New York Stock Exchange (NYSE). JPMorgan was disappointed with the role of KCG Holdings on 24 August 2015 as the stock markets witnessed mayhem pulling several stocks lower.
Ford Motor is investing about $4.5 billion in developing electric vehicles. Contrary to unconfirmed news that Ford and Google working together on developing driverless cars, Ford Motor President Mark Fields didn't mention about this association in his speech at CES-2016. Fields is very keen on exploring the $5.4 trillion transportation services segment.
Intel’s 3D RealSense Camera empowers Daqri Helmet to represent an augmented reality world at the stage of Consumer Electronics Show, 2016. Through unveiling the smart helmet, Intel is believed to surpass Microsoft in the race towards augmented reality world. The X- ray visioning smart camera is scheduled to become available for purchase from the first quarter of this year.
Walt Disney, Ford Motor and Deere & Co are leading the corporate bond sales, which began on positive note in 2016. The US companies sold $1.621 trillion in debt in 2015 as the majority of American corporate firms preferred to take zero rate advantage before Federal Reserve announcing the rate hike. Yields on investment-grade bonds rose to four-year high of 3.71 percent in December 2015.
China's Wanda Group had signed an agreement with the UK based International Hospital Group to build three hospitals in China. The agreement marks Wanda Group first entry into the booming health care business in China.
Yuan that keeps weakening have dropped Asian stocks dropped and plunge of futures in Europe and U.S.. On Wednesday trading Yuan hit five year low against US dollar.
Diesel gate controversy embattling Volkswagen has initiated implementing eco-friendly projects ahead of loosing share value. Volkswagen has revealed its bold step to go for producing an eco-friendly microbus, powered by electricity, in the Consumer Electronics Show. Batteries of the vehicle may be charged fully by only 20 minutes and capable of serving as a home power unit.
If you think that the micro accounts are useful only for beginners who may not be able to cope with the fast dynamics of changing quotes on trading platforms, then this is not so. Professionalism grows out of these cent accounts.
Journalists love their jobs because they get to interact with people from all sorts of backgrounds and expertises, then turn around and share their knowledge with the world.
As the metaverse takes over more of our digital lives, the commoditization of all aspects of our virtual beings becomes more and more of a reality.
Rustam Gilfanov is a famous IT businessman, a founder of a large IT company, and a partner of the LongeVC Fund.
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In today's digital world, more and more people are investing in cryptocurrencies. These digital tokens have exploded into popularity over the past few years, and have grown to the point that there are now nearly over 6,000 of them, according to Statista.
Following the pandemic, natural calamities, and major employment shifts, a startling new study on the online news site News Nation shows that 1 in 4 Americans don't have an emergency fund.
Generational wealth is a facet of wealth management that is often misunderstood. Labeled trust fund babies, rich kids, and lucky breaks, those who receive an inheritance from families are rare.
Social media has successfully made it to the mainstream consciousness of over half the global population. DataReportal's latest study shows that over 4.33 billion people worldwide are using some form of social networking site this year. That's why it's no wonder many tech companies are interested in investing or forming the next Facebook, Twitter, or YouTube to capture the hearts and minds of the general population.