Finance

Finance Nearly 250 jobs to go as Britvic closes its Robinsons factory
Author: 0 Nearly 250 jobs to go as Britvic closes its Robinsons factory

The proposal has been approved by Britvic's board for consultation with employees. Britvic said it has informed the facility's co-owner, Unilever . It said one of the choices considered in the audit would "incorporate the potential conclusion of our Norwich processing plant". The Unite national officer Rhys McCarthy said: "This is very painful news for our members and their families at Britvic and we will be giving the maximum support to our members at what is a very hard time in the days ...

Finance FCA recalling 710000 SUVs for reduced braking
Author: 0 FCA recalling 710000 SUVs for reduced braking

Affected vehicles are model year 2011-2014 Dodge Durango and Jeep Grand Cherokee SUVs. The shields are created to protect the boosters from water intrusion. The automaker indicated that owners of affected vehicles may experience a firmer brake pedal feel than normal, a warning light, or the anti-lock braking system may activate.

Finance Toyota ends auto production in Australia
Author: 0 Toyota ends auto production in Australia

It said it meant to produce 61,000 cars by the year's end - 26,000 for the domestic market and 34,000 to be sent overseas. "Toyota is the last passenger vehicle manufacturer to close its doors in Victoria - this really is the end of an era".

Finance Couple Fleeces Amazon of $1.2M in Goods Using Stolen IDs
Author: 0 Couple Fleeces Amazon of $1.2M in Goods Using Stolen IDs

They then reported the items as damaged or missing to Amazon , which would then ship out a replacement. By claiming the electronics they ordered had shown up damaged, the couple scored GoPro cameras, Xbox game consoles, Samsung smartwatches, and Microsoft Surface tablets by creating hundreds of fake online identities to hide their crimes.

Finance Walmart acquires NYC delivery service Parcel
Author: 0 Walmart acquires NYC delivery service Parcel

Parcel is a 24/7 operation that delivers packages the same day, overnight and in scheduled two-hour windows. Parcel also sends live package updates via text message to the merchant and recipient, informing them of the location of the package through the last mile of delivery.

Finance This common bank fee has soared 55% over the past decade
Author: 0 This common bank fee has soared 55% over the past decade

And here's another sign it can be expensive to have a checking account . These are among the least sticky kinds of nickel-and-diming by banks. You can also join a bank that reimburses out of network charges. This is the easiest way to avoid fees altogether. The bay area has the 12th highest average overdraft fee ($33.63) and the 12th highest average out-of-network ATM fee ($4.76) of the top 25 major metros, Bankrate.com found.

Finance Vijay Mallya Arrested In UK In Money Laundering Case
Author: 0 Vijay Mallya Arrested In UK In Money Laundering Case

Mallya has repeatedly refused to appear before courts and investigators in India since he secretly fled to Britain in March, 2016 , after defaulting on loan payments to state-owned banks and allegedly misusing the funds. MLAT in criminal matters does not cover the subject to bring back persons under investigation. 'Prime Minister Narendra Modi had raised the matter with British Prime Minister (Theresa May) during their meeting on the sidelines of G-20, ' Baglay said.

Finance Latest strike affecting Southern trains today
Author: 0 Latest strike affecting Southern trains today

We've trained up a significant number of backroom staff to do the conductor role. Meanwhile, in London, members of the drivers' union Aslef will strike on Thursday in a row over working conditions. Transport for London says it is putting more buses on key routes but has urged people to walk if possible as services "will be exceptionally busy".

Finance Equifax Inc. (EFX) Says Hack Even Worse Than Originally Thought
Author: 0 Equifax Inc. (EFX) Says Hack Even Worse Than Originally Thought

Want to see what other hedge funds are holding EFX? J P Morgan Chase & Co reiterated a "buy" rating on shares of Equifax in a report on Friday, September 8th. Equities analysts forecast that Equifax will post $5.98 earnings per share for the current fiscal year. Finally, BidaskClub upgraded shares of Equifax from a "hold" rating to a "buy" rating in a research report on Saturday, June 17th.

Finance Ola raises $2B to take the good fight to Uber in India
Author: 0 Ola raises $2B to take the good fight to Uber in India

According to other reports , Ola has raised $2 billion from investors like Tencent and Soft-Bank, besides financial investors from US.Chinese internet conglomerate Tencent has finalised its $400-million investment in ride-hailing major Ola, valuing the Bengaluru-based startup at over $3.8 billion.

Finance Wells Fargo may face new penalties over improper charges
Author: 0 Wells Fargo may face new penalties over improper charges

This repurchase authorization allows the financial services provider to buy up to 4.2% of its stock through open market purchases. Looking further out we can see that the stock has moved 24.04% over the year to date . Investors sentiment increased to 1 in Q2 2017. Its down 0.02, from 0.67 in 2017Q1. It increased, as 85 investors sold WFC shares while 685 reduced holdings.

Finance Goldman Sachs mulls cryptocurrency services
Author: 0 Goldman Sachs mulls cryptocurrency services

The institutional investor owned 90,742 shares of the investment management company's stock after selling 1,000 shares during the period. (The) by 0.3% in the first quarter. The stock has an average rating of "Hold" and a consensus target price of $237.04. Instinet downgraded the shares of GS in report on Tuesday, November 29 to "Neutral" rating.

Finance Oracle Launches Self-driving Autonomous Database
Author: 0 Oracle Launches Self-driving Autonomous Database

The crowd of 60,000 who descended on San Francisco this week arrived eager to learn about the new innovations the Redwood City, Calif. -based company would unveil, as well as to hear the snarky remarks Ellison inevitably makes about the competition.

Finance Tesla Model 3 slow off the mark due to
Author: 0 Tesla Model 3 slow off the mark due to "production bottlenecks"

During the Model 3's roll-out, Musk told the massive crowd of employees, media and company officials that Tesla was about to enter "production Hell". Given that 30 were delivered in July , that implied a weekly run rate of at least 170 by the end of September - and actually more than that, if production was truly following an S-curve, as per Tesla's guidance.

Finance GM Lays Out Plan for 20 Electric Models by 2023
Author: 0 GM Lays Out Plan for 20 Electric Models by 2023

The two new cars will be based on technology derived from the company's Bolt EV, the 238-mile-range electric sedan that Chevrolet introduced late past year. California is also considering a measure to end sales of gasoline and diesel powered vehicles by 2040. In recent years it has emerged as the top market globally for EVs and plug-in hybrid vehicles, mostly low-price cars from Chinese brands.

Finance Sisters suspends operations at United Kingdom poultry plant
Author: 0 Sisters suspends operations at United Kingdom poultry plant

The 2 Sisters Food Group said staff at its site in the West Midlands will need to be "appropriately retrained" before it starts resupplying customers. In a statement, 2 Sisters Food Group said: "We remain committed to ensuring that we operate to the highest standards of hygiene and food safety, and we act with honesty and integrity at all times".

Finance Nissan Recalls 1.2 Million Cars In Japan
Author: 0 Nissan Recalls 1.2 Million Cars In Japan

He estimated the recalls and re-inspections would cost Nissan about 25 billion yen ($222 million), but stressed final costs were still unclear. "A team that includes an independent third party is now investigating the causes and measures to prevent recurrence", it said.

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