News Reality

Chicago Mayor Rahm Emanuel buys peace with teachers, fiscal impact uncertain

A tentative deal reached late on Monday between the Chicago Public Schools (CPS) and its teachers union averted a strike that had been scheduled for Tuesday but the impact on the district’s already shaky finances was uncertain. Chicago Mayor Rahm Emanuel, who controls the nation’s third-...
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Daryl Blundell provides tips on how companies can get off the ground.
A row of greenhouses under construction at Knox Nursery will soon be home rapid expansion of Florida's newest cash crop: medical marijuana. Some marijuana was already harvested at the Winter Garden fi
Poor and working-class Americans have fallen behind the rest of the country. A tweak of the tax system could help them, but it wouldn’t be cheap.
A two-day 'Green Carpet Initiative' today decided to develop 79 tourist destinations into distinctive tourism friendly centres. "The 79 tourist destinations selected for the first phase of Green C
Former Odisha Youth Congress chief Rajat Choudhury, arrested by CBI in connection with the multi-crore chit fund scam, was today granted conditional bail by the Orissa High Court. Choudhury was arres
Welcoming the Supreme Court's decision to uphold the maintainability of appeals filed against the 2007 award of the Cauvery Water Dispute Tribunal (CWDT) on sharing the river water, Karnataka Chief Mi
Chief Minister Raghubar Das today called upon BJP workers to connect with people over 'Cashless Jharkhand' campaign and make Prime Minister Narendra Modi's 'Cashless India' move a success. It is nece
Justifying setting up of the waste-to-energy plant in Okhla here, the Central Pollution Control Board (CPCB) today told the National Green Tribunal that emissions from the incineration plant were well
Estonian Foreign Minister Sven Mikser said he was “quite encouraged” that U.S. President-elect Donald Trump would maintain a strong U.S. commitment to European security despite comments th
Monte dei Paschi di Siena was down 11.42 per cent just before 1400 GMT
Ousted Tata Sons Chairman Cyrus Mistry has claimed that Tata Motors suffered issues such as legacy product portfolio, quality and service responsiveness including drag from some "legacy" pa
Jaiprakash Power Ventures today reported a standalone net loss of Rs 161.67 crore for the quarter ended September 30, 2016. "The company has posted a net loss of Rs 161.67 crore for the quarter ended
Senior NCP leaders Nawab Malik and Sanjay Dina Patil, who had accused each other of violence during a party event last month, "resolved" their differences at a meeting called here today on the directi
The Supreme Court will hear on December 14 the issue of implementation of the Justice R M Lodha panel's suggestions, including appointment of ex-home secretary G K Pillai as observer and sacking of al
Two persons were today arrested by Kolkata Police for allegedly stealing Rs 68.2 lakh in cash they were carrying from a client to the manager of a company where they were working as drivers. Two driv
Watchdog is conducting a general review of the use of algorithmically-driven trading programs
Expressing apprehensions that some people knew in advance about the Centre's demonetisation move, Chief Minister Harish Rawat today ordered a probe into land and property transactions worth over Rs 50
RBI today asked banks and companies issuing Prepaid Payment Instrument (PPI) to conduct special security audit saying any cyber attack could prove dampener at a time when government is nudging people
Water level in 91 major reservoirs in the country has dipped to 64 per cent of their total capacity from 65 per cent last week, the government said today. According to the Union Water Resources Minis
Six-time champions and title holders Germany continued their fine form and defeated New Zealand 2-1 in a closely-fought Pool C encounter to virtually seal their place in the quarterfinal of the men's
With the members of both the Opposition and treasury bench expressing concern in the Assembly over the difficulties faced by the people due to demonetisation, the Odisha government today said there wa
Amid war of words between Defence Minister Manohar Parrikar and Chief Minister Mamata Banerjee over presence of army at toll plazas in West Bengal, BJP MP BC Khanduri and CPI-M leader Sitaram Yechury
"I don't see any farmers here," was how Attorney General Mukul Rohatgi reacted in the Supreme Court when lawyers from the opposite side were assailing the implementation of the demonetisation policy b
In a major relief to four state- run insurers, Competition Appellate Tribunal today slashed the Rs 671 crore penalty imposed on them by CCI to a mere Rs 2 crore, saying the burden of fine will be tran
Report comes as the biggest peer-to-peer lending platforms in the UK are enjoying record growth
The European Union will extend by six months its main economic sanctions on Russia over the conflict in Ukraine after the bloc’s leaders meet in Brussels on Dec. 15, diplomatic sources and offic
ILFS Engineering and Construction Company Limited (ILFS Engineering Services) has emerged as the lowest bidder for Rural Electrification (RE) Works worth Rs 225 crore of Jharkhand Bijli Vitran Nigam
A Delhi court would pronounce on December 26 its order on whether to summon certain documents from Congress party and Associated Journals Ltd (AJL), as sought by BJP MP Subramanian Swamy, in the Natio
Rail Minister Suresh Prabhu today said a joint venture company between Haryana government and Railways has been set up and added that more investment would be made for strengthening infrastructure in
The amended the Rights of Persons with Disabilities Bill, 2014, which proposes a jail term up to two years and a fine of maximum Rs 5 lakh for discriminating against disabled persons is expected to be
A day after government announced a slew of incentives for payments through digital mode, Canara Bank today launched a prepaid card as part of efforts to attract more and more people towards cashless t
A NITI Aayog panel, set up to review the framework related to digital payments, today called for promoting electronic modes by providing level playing field to all stakeholders including new players.
In a step to promote digital transactions, the Haryana government today announced that all colleges and universities in the state will take the cashless route. Making the announcement, state educatio
Government realised Rs 32,434.10 crore in upfront payment for the spectrum sold in the auction this year, which was lower than Telecom Department's projection of Rs 34,586 crore. "For 2016-17, DoT es

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Popular Finance

Coke veteran Quincey to replace Kent as CEO in widely expected move

(Reuters) - Coca-Cola Co said Muhtar Kent would step aside as chief executive in May, after nine years at the helm, and be replaced by company veteran James Quincey, a widely anticipated move that...
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UPDATE 2-Irish, Portuguese bonds singled out as QE losers

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BRIEF-XL Catlin says Jonathan Gale appointed chief executive Bermuda Reinsurance and Rob Littlemore promoted to chief executive London Reinsurance

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BRIEF-Amhult 2: rights issue oversubscribed by 28.6%

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Julius Baer starts hunt for new Latin America boss -sources

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BRIEF-Azimut Holding total net inflows in November at EUR 197 mln

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Dec 8 (Reuters) - Fixed annuity service provider Athene Holding Ltd said its initial public offering of 27 million class A shares raised $1.1 billion after the offering was priced in the mid-point of
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