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Daily Archives: October 12, 2017

BCC: 'Robust' manufacturing fails to boost UK growth

Despite progress in the manufacturing sector, the UK economy grew at a muted rate in the third quarter of 2017, says the British Chambers of Commerce (BCC). It says the number of manufacturers reporting improved domestic sales and orders rose in the quarter to their highest level since early 2015. Export sales and orders in the sector also improved, said ...

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Applied Opto CFO: Other Vendors May Be Hurt Too

Shares of fiber-optic component supplier Applied Optoelectronics (AAOI) remain under pressure following the company’s warning tonight its Q3 results will come in much less than expected because of a big shortfall in sales to one of its cloud customers, a “disappointment” the company … Tech Trader Daily

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UK lawmakers pile pressure on watchdog over RBS report

© Reuters. Worker cleans the glass exterior next to the logo of RBS (Royal Bank of Scotland) bank at a building in Gurugram By Huw Jones LONDON (Reuters) – British lawmakers have hired a barrister to check if a summary of a report by regulators into how Royal Bank of Scotland (L:) treated companies in difficulties is comprehensive and fair.</p… ...

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Singapore's hidden home-sharing economy quietly on the rise

Singapore SIZING up the home-sharing industry in Singapore has become the economist’s puzzle as the aspiring “Smart Nation” grapples with resistance to next-door strangers. Despite government rules restricting the likes of Airbnb Inc operating in Singapore, there are signs that Let’s block ads! (Why?) … The Business Times

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What's really holding back today's CIO from digital transformation?

The ongoing industry focus on digital transformation remains the hottest and most strategic conversation in the business of IT today. You can’t read an article or go to a conference without getting an earful on the subject these days, and for good reason: The world has become far more digital, customer tastes and expectations have changed dramatically in recent years, ...

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J.C. Penney, General Electric Topple into Thursday’s 52-Week Low Club

October 12, 2017: Here are four stocks trading with heavy volume among 61 equities making new 52-week lows in Thursday’s session. On the NYSE, advancers led decliners by less than 8 to 7 and on the Nasdaq decliners led advancers by about 5 to 4. General Electric Co. (NYSE: GE) dropped about 1% Thursday to post a new 52-week low ...

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