Markets

Markets Mercedes-AMG CLS53 and E53 hybrids revealed
Author: 0 Mercedes-AMG CLS53 and E53 hybrids revealed

Mercedes-AMG has broadened its line-up with the addition of three new mild-hybrid models - the CLS53, E53 Coupé and E53 Cabriolet . Interiors get model-specific, exclusive appointments, luxurious materials, and other goodies. The total system output is resting at 429 horsepower and 384 pound-feet of torque. Mercedes claims its EQ Boost starter-alternator adds an additional 21 hp and 184 lb-ft of torque to the 53 models.

Markets Pakistan army chief says nation felt 'betrayed' by U.S. criticism
Author: 0 Pakistan army chief says nation felt 'betrayed' by U.S. criticism

This is unedited, unformatted feed from the Press Trust of India wire. He also told the American general that that the "entire Pakistani nation felt betrayed" over the United States statements, but insisted Pakistan would continue to support peace efforts in the region despite being made a "scapegoat".

Markets GKN reject takeover bid that values the company at £7bn
Author: 0 GKN reject takeover bid that values the company at £7bn

In 2015, Slaughters acted for the company on a £200m shares placement. The announcement came as the company appointed Anne Stevens as chief executive and announced its intention to restructure the business. The firm issued a profit warning in October over problems at its aerospace division. The group also has metallurgy and land-systems divisions. In November, the company announced that its CEO designate Kevin Cummings was leaving the company with immediate effect following a profit ...

Markets Retail inflation at 17-month high in Dec '17
Author: 0 Retail inflation at 17-month high in Dec '17

Retail inflation breached the central bank's medium-term target for the second straight month in December which could intensify pressure for RBI to raise policy rates in the next few months. PHD Chamber's President Anil Khaitan said that as the "teething problem of GST" have been nearly over, the growth in industry has come with a strong rebound and "we look forward the growth to become more strong in the coming quarters".

Markets Giant recalls orange cream bars, ice cream bars
Author: 0 Giant recalls orange cream bars, ice cream bars

The bars are sold at various stores under several names including Aldi Sundae Shoppe brand, Dollar Tree Party Treat brand, Giant Eagle brand, Save-A-Lot World's Fair brand, and Food Club brand. There is no evidence of any contamination prior to October 31, 2017, but the company has issued the recall back to January 1, 2017, through an abundance of caution and in full cooperation with the FDA.

Markets ISRO successfully launches 100th satellite on board PSLV-C40
Author: 0 ISRO successfully launches 100th satellite on board PSLV-C40

The total weight of all the 31 satellites carried on-board the PSLV-C40 is about 1323 kg. In yet another display of its growing prowess in space exploration, India on Friday successfully launched 31 satellites in a Polar Satellite Launch Vehicle (PSLV) from its spaceport in Sriharikota , Andhra Pradesh.

Markets Walmart boosts starting pay, offers bonuses, parental leave benefits
Author: 0 Walmart boosts starting pay, offers bonuses, parental leave benefits

The wage increase will affect over one million USA hourly workers. The tax law gives the retailer an opportunity to be more competitive globally and to accelerate investment plans for the United States, he said . In all, Walmart employs 2.3 million people around the world, 1.5 million of which are in the U.S. "We think this is a prudent use of tax reform proceeds, as it reinforces the company's commitment to improving in-store service levels and will pressure other retailers to invest more ...