Business


Summary of Anglo American plc (LON:AAL) Ratings on May 9, 2018

Therefore 61% are positive. Rathbone Brothers PLC had 18 analyst reports since January 11, 2018 according to SRatingsIntel. On Monday, March 19 the stock of OneSavings Bank Plc (LON:OSB) has "Outperform" rating given by Credit Suisse. OSB underperformed the S&P500 by 11.55%. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the stock.



Will the Bank of England raise interest rates today?

Against the euro , sterling gained 0.1 percent to 87.510 pence as the stronger dollar pulled the single currency down across the board. The pound fell today to approach four-month lows against the dollar after the Bank of England held rates steady as expected but cut its growth and inflation projections for this year and next.


PWD scam: ACB arrests son of Kejriwal's brother-in-law

PWD scam: ACB arrests son of Kejriwal's brother-in-law

Vinay Bansal, son of Kejriwal's brother-in-law, was arrested this morning from his residence in north west Delhi's Pitampura area, a senior ACB official said. Bharadwaj said the contract was given to Bansals company in Januray 2015 while Kejriwal came to power a month later. Tender was rigged to favour CM relative or Payment was made for sub-standard work or incomplete work.


Royal Bank of Scotland to pay $4.9bn USA subprime fine

Royal Bank of Scotland to pay $4.9bn USA subprime fine

The long-running probe focused on the sale of financial products including toxic mortgage bonds in 2005-7, ahead of the financial crisis. RBS's British rival, Barclays agreed to a $2 billion agreement in March. The proposed settlement is still subject to both sides entering a legally binding agreement, RBS said. Last July, RBS paid another hefty penalty of $5.5bn to the US Federal Housing Finance Agency.


Chinese insurer Anbang's ex-boss Wu Xiaohui jailed 18 years for fraud

Chinese insurer Anbang's ex-boss Wu Xiaohui jailed 18 years for fraud

Wu's situation marks a startling fall from grace for a man who reportedly married a granddaughter of the late Chinese leader Deng Xiaoping - a sign that even political connections can not guarantee immunity. He initially contested the charges in March during his first and only appearance in the court, which included allegations that he had instructed his employees to flee overseas and change their contact information when the government began investigating the company past year.


Flipkart owner Sachin Bansal sells out the maximum shares to Walmart

Flipkart owner Sachin Bansal sells out the maximum shares to Walmart

Subject to regulatory approval in India, Walmart will pay approximately $16 billion for an initial stake of approximately 77% in Flipkart , formally Flipkart Private Limited. According to information, SoftBank is expected to make at least $4 billion from selling more than 20 per cent stake in the company. Naspers Naspers, the South African tech and media conglomerate, gets $2.2 billion for $600 million it invested over several rounds starting in 2012.