Ford trades lower after U.S. sales miss

Ford trades lower after U.S. sales miss

03.08.2017

Crossovers and SUVs did well, and for Ford , the bread-and-butter F-Series pickups actually saw an improvement from last July. Auto sales dropped 34.4% with deliveries totaling 3,793 vehicles, while truck sales fell slightly from 23,996 units in July 2016 to 23,876 units last month.

Hyperloop pod travels 192mph in maiden journey

Hyperloop pod travels 192mph in maiden journey

03.08.2017

It was actually achieved within a 300 meter acceleration phase. The pod then lifts above the track using magnetic levitation and glides at airline speeds for long distances due to ultra-low aerodynamic drag. Hyperloops are essentially vacuum systems zipped through a low-pressure tube. Los Angeles-based Hyperloop One announced its latest milestone Wednesday.

'Wonder Woman' helped Time Warner beat Q2 earnings expectations

'Wonder Woman' helped Time Warner beat Q2 earnings expectations

03.08.2017

It has outperformed by 28.58% the S&P500. Its up 0.07, from 1.02 in 2016Q3. 154 funds opened positions while 293 raised stakes. Nomura accumulated 257,129 shares. The firm has "Outperform" rating given on Thursday, November 5 by FBR Capital. BMO Capital Markets reissued a "hold" rating and issued a $108.00 target price on shares of Time Warner in a research report on Monday, April 17th.

Bitcoin is sinking as bitcoin cash goes live

Bitcoin is sinking as bitcoin cash goes live

03.08.2017

These nodes are what facilitates messages to be sent across the Bitcoin network, maintaining continuity in the blockchain . Bitcoin traded higher on Monday, on reports the blockchain supporting the cryptocurrency is poised to split into two, as some members refused to signal support for a major software upgrade aimed at speeding up transactions on the bitcoin network.

RBI cuts key lending rates by 25 basis points

RBI cuts key lending rates by 25 basis points

03.08.2017

However, it seems that the governor wants to look closely at the impact of the recent economic policies before trimming rates further. The RBI also expects the government, both at the Centre and state, to do its bit by controlling its finances so that rates come down.

BP expects oil prices between $45 - $55 a barrel in 2018

BP expects oil prices between $45 - $55 a barrel in 2018

03.08.2017

Of that, it paid $4.2bn in the first half. Several of Europe's biggest oil companies, all of which made sweeping cost cuts amid oil's collapse, have signaled a return to growth with earnings above analyst expectations. "Important for us is the cash-flow number", analysts at Barclays Plc said in a note. It wasn't all good news, however, as the Gulf of Mexico continues to impact with a US$2bn dent in cash flow from pay-outs.

IBM scientists capture record-breaking 330TB of uncompressed data in tiny cartridge

IBM scientists capture record-breaking 330TB of uncompressed data in tiny cartridge

03.08.2017

For a reference, you can consider this an equivalent of 300 million books. Sony engineered the high-density tape itself, using new technology to store more data within the same area. The record sees 201 gigabits per square inch being stored on a piece of magnetic tape. "That's similar technology used for manufacturing integrated circuits", he added.

Qatar Airways Drops Proposal to Buy Stake in American Airlines

Qatar Airways Drops Proposal to Buy Stake in American Airlines

03.08.2017

American spokesperson Matt Miller said Wednesday that the company "respects" Qatar's decision to drop its proposed investment. The Doha-based carrier said it will continue to investigate "alternative investment opportunities" in the USA and elsewhere.

India CB Cuts Rates By 25 Bps As Inflation Slows

India CB Cuts Rates By 25 Bps As Inflation Slows

03.08.2017

The cut - the first since October past year - was predicted by 41 of 57 economists polled by Bloomberg News, with the rest anticipating no change. The increased FPI participation has resulted in the rupee gaining by as much as 6 percent since January.

US successfully tests ICBM following N. Korea missile launch

03.08.2017

The 30th Space Wing said Wednesday's launch occurred at 2:10 a.m. out of Vandenberg Air Force Base, which is about 130 miles northwest of Los Angeles. US President Donald Trump condemned Pyongyang's July 28 missile launch and said that all necessary measures will be taken to protect his country and allies in the region.