Markets

Westfield to Sell 35 Malls to European Real Estate Giant for $25B

Westfield to Sell 35 Malls to European Real Estate Giant for $25B

The company also is developing malls in Brussels and in Hamburg, Germany. Unibail-Rodamco invests in commercial property, from malls to office space, mainly in mainland Europe. A 90% interest in OneMarket, Westfield's retail technology platform, will be spun-off into a newly formed entity. "Unibail is mounting the biggest takeover of a company in the Asia-Pacific region this year - and the largest ever in Australia - as mall owners seek to contend with relentless pressure from online ... Read More

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Locals protest to 'Save the Net'

Locals protest to 'Save the Net'

These net neutrality rules were passed in 2015, and have broad support from groups ranging from civil liberty organizations to internet giants like Google. "I'm seeing real democracy emerging through the internet", said Michael T. Owen. When asked why he was protesting, he said "to see who else is going to bother showing up". Read More

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China criticizes India over drone crash inside border

China criticizes India over drone crash inside border

Beijing had lodged a diplomatic protest with India over the violation of its territorial sovereignty. Tensions between China and India at their disputed border have been reignited-over a crashed drone. But the mountainous border remains sensitive for both sides. Sources said the drone was an Israeli Heron UAV, and that it crashed on the Chinese side of the border across north Sikkim. Read More

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Salman Khan Welcomes Anil Kapoor on-board Race 3

Salman Khan Welcomes Anil Kapoor on-board Race 3

Bollywood star Anil Kapoor has unveiled the logo of his upcoming comedy-drama 'Fanne Khan '. Salman and Anil had worked together in movies, including " Deewana Mastana ", " Biwi No. Race 3 marks Anil's return to the " Race " franchise as the actor had earlier played a pivotal part in the previous installments of the film. The Race 3 cast entertained the housemates with fun tasks and questions. Read More

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Bryan Singer Sued for Allegedly Raping 17-Year-Old Boy

Bryan Singer Sued for Allegedly Raping 17-Year-Old Boy

According to the suit, which was filed in state court in Seattle , the director then forcibly performed oral sex on Sanchez-Guzman and then anally penetrated him. Bryan Singer , who was recently fired from directing the Queen biopic Bohemian Rhapsody , is being sued for sexual assault . Herman also represented aspiring actor Michael Egan, who in 2015 accused Singer and two other prominent Hollywood executives of molesting him when he was a minor. Read More

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Sensex, Nifty gain over 1%; auto, durables stocks surge

Sensex, Nifty gain over 1%; auto, durables stocks surge

Participants sensed value-buying opportunities after the equities' recent lacklustre run, making stock valuations attractive, according to market participants. The BSE FMCG index topped with a robust 2.23 per cent rise, followed by metal 1.36 per cent, healthcare 1.35 per cent, consumer durables 1.15 per cent, oil & gas 1.02 per cent, auto 0.97 per cent, bankex 0.92 per cent and realty 0.72 per cent. Read More

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IATA reveals 2018 financial forecast

IATA reveals 2018 financial forecast

The IATA said the higher revenues are due in part to more passengers and more cargo. "More routes are being opened". In October, domestic air traffic in India grew by 20.4 percent, while it grew by 10 percent in China, 7.7 percent in Brazil, 6.1 percent in Russian Federation, 5.3 percent in the U.S., 2.8 percent in Australia, and 2.3 percent in Japan. Read More

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Japanese phenom Shohei Ohtani tells Yankees and Red Sox he'll sign elsewhere

Japanese phenom Shohei Ohtani tells Yankees and Red Sox he'll sign elsewhere

The feedback from that was outstanding. The New York Mets, Oakland Athletics, Pittsburgh Pirates and Milwaukee Brewers are also among the teams told they won't sign Ohtani. Both finished far behind the World Series champion Houston Astros in the A.L. West but want desperately to win while their best players - the Mariners' Robinson Cano and the Angels' Mike Trout - are still in their primes. Read More

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Gas Prices down 17.4 cents in Lima region

Gas Prices down 17.4 cents in Lima region

In the tricounty region, average pump prices were two cents less than a week ago, including in Broward County [$2.51], Palm Beach County [$2.58], and Miami-Dade County [$2.56]. The second half of 2017 has seen this trend continue to climb, with exports peaking to one of their highest points in 2017 - 906,000 b/d - last month. Read More

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Pakistan summons army after violent protests

Pakistan summons army after violent protests

Angry mobs earlier set fire to four police vans and attacked journalists, local broadcaster Geo News reported. A senior government official speaking on condition of anonymity, due to restrictions on speaking to the media, told Anadolu Agency that the security forces had been asked not to take on the violent protesters pending further orders. Read More

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Dish Network urges customers to bug advertisers over CBS blackout

Dish Network urges customers to bug advertisers over CBS blackout

The blackout impacted the home cities of CBS' Thanksgiving Day game, along with other major markets like New York, Chicago, Philadelphia, San Francisco, Atlanta, and Boston. On the site, Dish alleges CBS is asking the satellite operator to pay "more than 50 percent higher than what we now pay to carry this channel". CBS and Dish Network have recently been involved in a contract dispute that has affected Impact Wrestling's distribution. Read More

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Sensex ends higher for a seventh session; bonds slide

Sensex ends higher for a seventh session; bonds slide

NSE Nifty opened higher at 10,366.80 and moved in a range of 10,404.50 and 10,362.25 before ending higher by 40.95 points. FMCG stocks rallied the most. The big movers that supported the key indices include Bajaj Auto, Infosys, Kotak Bank and Reliance Industries, rising by up to 1.64 per cent. The market breadth was positive as 1506 shares advanced against a decline of 1,227 shares, while 154 shares were unchanged. Read More

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Uber will purchase from 24 000 Autonomous Volvo crossover XC90

Uber will purchase from 24 000 Autonomous Volvo crossover XC90

Uber will add its own sensors and software to permit pilot-less driving. Under terms announced today (Nov. 20), Volvo will sell Uber up to 24,000 "base cars" modeled on its popular XC90, a luxury SUV, from 2019 to 2021. Volvo, on the other hand, can then use those cars as part of its own offering in the future. "Our aim is to be the supplier of choice for AD ride-sharing service providers globally", said Håkan Samuelsson, president and chief executive of Volvo. Read More

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BJP, government cheer Moody's ratings upgrade

BJP, government cheer Moody's ratings upgrade

This period has, moreover, seen the country grow from a barely $ 620 billion to a $ 2.3 trillion economy, with its official foreign exchange reserves, too, soaring from some $ 110 billion to nearly $ 400 billion. The rating agency simultaneously upgraded India's local and foreign currency issuer rating to Baa2 from Baa3. In a statement, it further said: "While India's high debt burden remains a constraint on the country's credit profile, Moody's believes that the reforms put in place have ... Read More

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EBay is price-matching early Black Friday deals

EBay is price-matching early Black Friday deals

You can also get the TP-Link Plug to turn "dumb" gadgets in your home into smart devices for £9.99 - a £20 or 67% discount - if bought with an Amazon Echo . Like Amazon's Black Friday sale, the Cyber Monday sale will be a week long. Glorious, ultra high-definition TVs. Amazon will have new " Deals of the Day" every day throughout the period, ranging from Amazon devices, electronics and pet supplies to kitchen and home & garden items. Read More

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5000 barrels of oil leaked from Keystone Pipeline in South Dakota

5000 barrels of oil leaked from Keystone Pipeline in South Dakota

The company said that crews shut down the pipeline Thursday morning after a drop in pressure was detected resulting from an oil leak that's under investigation. The same pipeline leaked about 17,000 gallons past year near Freeman, South Dakota. The spill on the first Keystone pipeline is the latest in a series of incidents that critics of the new pipeline say shows that TransCanada should not receive another permit. Read More

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SA Rugby Accepts Rugby World Cup 2023 Vote Outcome

SA Rugby Accepts Rugby World Cup 2023 Vote Outcome

The final decision now rests with 26 World Rugby Council members who will collectively exercise 39 votes which among them a simple majority will be required to secure South Africa as the host Country. "We did dispute some aspects but I'm not saying that's why we won", he said. "In 2023 it will be a diverse rugby team and prove to the world what Nelson Mandela said, that rugby is a great unifier". Read More

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U.S. oil and gas 'resurgence' expected as global demand grows

U.S. oil and gas 'resurgence' expected as global demand grows

West Texas Intermediate crude have both shed about $3 a barrel, or almost 5 percent, from more than two-year highs struck last week. While the crude build of 1.9 million barrels reported by the Energy Information Administration was more than forecast, it was not as big as the increase of 6.5 million barrels reported on Tuesday by industry group the American Petroleum Institute. Read More

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Record $76.5 billion aircraft sold in a day

Record $76.5 billion aircraft sold in a day

The deal will spread the jets out across Frontier Airlines in the U.S., Mexico's Volaris, Wizz Air of Hungary and newcomer JetSmart of Chile. Until Wednesday, the only major deal announced at the Dubai Air Show came on Sunday when long-haul carrier Emirates purchased 40 Boeing 787-10 Dreamliners in a 15.1 billion dollar (£11.4 billion) deal. Read More

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Egyptair to buy 12 Bombardier aircraft

Egyptair to buy 12 Bombardier aircraft

Airbus has vowed to cut the aircraft's production costs and secure thousands of new orders for the plane, which Bombardier spent more than $6 billion to develop. EgyptAir is Bombardier's latest Middle East customer, having already signed agreements with Iraqi Airways, Bahrain's Gulf Air, among other regional carriers. Read More

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