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Daily Archives: October 9, 2017

Higher food and clothing prices drives retail sales growth

Higher prices for food and clothing prices driven up by the weak pound fuelled retail sales growth last month. British Retail Consortium (BRC) and KPMG figures showed that like-for-like retail sales rose 1.9% in September That was far higher than the 0.4% increase for the same month last year. Total sales climbed 2.3%. Much of this growth was due to ...

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AIG sees third-quarter catastrophe losses of about $3 billion

© Reuters. FILE PHOTO: The AIG logo is seen at its building in New York’s financial district By Ahmed Farhatha (Reuters) – American International Group Inc (N:) said on Monday it expected to book pre-tax catastrophe losses of about $ 3 billion in the third quarter mainly related to hurricanes Harvey, Irma and Maria. AIG’s shares were down about 1.7 ...

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Google uncovered Russia-backed ads on YouTube, Gmail : source

WASHINGTON (Reuters) – Google has discovered Russian operatives spent tens of thousands of dollars on ads on its YouTube, Gmail and Google Search products in an effort to meddle in the 2016 U.S. presidential election, a person briefed on the company’s probe told Reuters on Monday. The ads do not appear to be from the same Kremlin-affiliated entity that bought ...

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Vertical Forest taking root around the world

Milan AS balconies bristle with tree branches and sunshine dapples the leaves of thousands of plants, two apartment buildings in the heart of Milan have almost disappeared under lush forest. The brainchild of Milanese architect Stefano Boeri, the Bosco Verticale (Vertical Forest) Let’s block ads! (Why?) … The Business Times

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Trump wrote Richard Branson a scathing letter in 2004, bashing him for his 'terrible business' …

<img src="" alt="richard branson donald trump" data-mce-source="Lawrence Lucier/Getty Images" data-mce-caption="Virgin Mobile USA CEO Dan Schulman, billionaire Donald Trump, model Melania Knauss, and media mogul Sir Richard Branson celebrate the launch of Virgin Mobile USA at the Whitespace Studio on July 24, 2002, in New York City. Virgin Mobile USA has partnered with Sprint PCS, MTV Networks, and a wide variety ...

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General Electric, Rite Aid Tumble into Monday’s 52-Week Low Club

October 9, 2017: Here are four stocks trading with heavy volume among 53 equities making new 52-week lows in Monday’s session. On the NYSE, decliners led advancers by about 4 to 3 and on the Nasdaq decliners led advancers by about 3 to 2. General Electric Co. (NYSE: GE) dropped about 4.1% Monday to post a new 52-week low of ...

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