Business

Relinace Jio's average 4G speed is worst in India: OpenSignal

In fact, according to Fitch Ratings, the cheap handset would add 3% to 4% (around $950 million, or Rs 6,000 crore) to annual industry revenue if adopted by at least 100 million subscribers, which the rating firm feels is very likely. The pricing has created "further stress on sector profitability, cash flows and leverage", said Gopal Vittal, Airtel's managing director and chief executive officer for India and South Asia.

Business

'Neymar welcome at Madrid' - Casemiro

The striker is now deciding his future with PSG ready to meet his £196m release clause. The La Liga side have insisted that Neymar is not for sale at any price after the Brazil worldwide enjoyed another impressive 2016-2017 campaign, scoring 20 goals and providing 27 assists in 45 appearances.

Business

General Motors Company (NYSE:GM) Upgraded to "Buy" by Vetr Inc

Vetr raised shares of Ford Motor from a "buy" rating to a "strong-buy" rating and set a $12.60 price target for the company in a research note on Thursday , July 6th. If you are reading this news story on another domain, it was stolen and reposted in violation of USA & global trademark & copyright law. After having $0.39 EPS previously, Ford Motor Company's analysts see 15.38% EPS growth.

Business

Strong sales in U.S. lift McDonald's profit in second quarter

In the USA, second-quarter comparable sales increased 3.9%, reflecting the national cold beverage value promotion and the launch of the Signature Crafted premium sandwich platform. The US accounts for about one-third of McDonald's revenue. "We're building a better McDonald's and more customers are noticing". Earlier this year, after receiving a "resounding yes from the consumer", Easterbrook said McDonald's chose to transition the Quarter Pounder to fresh beef.

Business

Germans wary of government inaction on Turkey's provocations

Ankara has withdrawn a request which asked Berlin for information on almost 700 German firms suspected of backing terrorism, a German interior ministry spokesman said. "You can never scare us with such things", Erdogan said, calling on Germany to " pull itself together ". "We want to have good relations with this big and important country but that's only possible if Turkey is and remains a state under the rule of law", Merkel's chief of staff Peter Altmaier said.

Business

Latin American economy expected to grow in next two years

The US president Donald Trump had promised to cut taxes and boost spending on infrastructure as key planks of his economic policy. The Fund now expected the United Kingdom economy to grow by 1.7% down from April's 2% prediction. Global output is projected to grow by 3.5 per cent in 2017 and 3.6 per cent in 2018, said the report. According to the IMF, China's failure to continue focus on addressing financial sector risks and curb excessive credit growth could result in an abrupt growth ...


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