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Service industry news

Rich become richer, poor get poorer

A government survey report, released yesterday, shows that the rich-poor inequality in terms of wealth accumulation has been widening in the country. The poorest five percent had 0.78 percent of the national income in their possession back in 2010, and now their share is only 0.23 percent. In contrast, the richest five percent, who had 24.
 

Fire destroys landmark hotel in Myanmar's largest city

One person was injured in a massive fire that destroyed one of Yangon's best-known hotels on Thursday, sending clouds of dark smoke billowing over the centre of Myanmar's largest city and triggering an hours-long battle to put out the flames. It was not immediately clear what caused the fire, which....

Momen urges UNSC to solve Rohingya, Palestine crises

Ambassador and Permanent Representative of Bangladesh to the United Nations, Masud Bin Momen urged the United Nations Security Council (UNSC) to take combined and firm steps for permanent solution of humanitarian crises of displaced Rohigyas and Palestinians.

Militant behind Pakistan school attack killed: Taliban

The militant commander accused of masterminding Pakistan's deadliest ever extremist attack, a massacre at a school in Peshawar in 2014, has been killed, the Pakistani Taliban said in an email to media Wednesday. The message from the Tehreek-e-Taliban Pakistan (TTP), the umbrella group which forms....

Astana plans to host 7th round of Syria peace talks in October

The next round of multilateral Syrian peace talks will be held in Kazakhstan’s capital of Astana in late October, Sputnik reported, citing the Kazakh Foreign Ministry. "Ceasefire guarantor states have agreed to hold the seventh international high-level meeting on Syria within the Astana process on October 30-31," the ministry said in a statement.

Pool Corporation (NasdaqGS:POOL) Valuation in the Spotlight

The ERP5 Rank is an investment tool that analysts use to discover undervalued companies. The ERP5 looks at the Price to Book ratio, Earnings Yield, ROIC and 5 year average ROIC. The ERP5 of Pool Corporation (NasdaqGS:POOL) is 5354. The lower the ERP5 rank, the more undervalued a company is thought to be.

HealthCare Global Enterprises Ltd (HCG.BO) Needle Moving on Volume

Shares of HealthCare Global Enterprises Ltd ( HCG.BO) are moving on volatility today 0.88% or 2.35 from the open. The BSE listed company saw a recent bid of 269.45 and 324814 shares have traded hands in the session. Investors have plenty to keep up with when following day to day business news.

SREI INFRASTRUCTURE FINANCE LTD. (SREINFRA.BO) Seeing Increased Action in Session

Shares of SREI INFRASTRUCTURE FINANCE LTD. ( SREINFRA.BO) is moving on volatility today 0.60% or 0.70 from the open. The BSE listed company saw a recent bid of 116.75 on 284066 volume. Some investors may be lamenting the fact that they have not taken full advantage of the long bull run.

Old Oak Common: Two new London Overground stations to link west London with Crossrail and HS2

Hythe Road would be inside the development itself (Image: Transport for London) It is said the move would bring 250,000 more people to the area and create 150,000 more jobs within an hour's journey of Old Oak. The proposed Hythe Road site is 700 metres from the interchange within the development.

Breaking: :The wait is over - watch LIVE coverage as Winston Peters announces the next New Zealand Government

KEY POINTS: All eyes on the Beehive where Winston Peters is expected to announce coalition talk results this afternoon. The Green Party has announced it'll go ahead with delegates meeting at 7pm. The NZ dollar has dropped amid coalition negotiations. A dispute over ministerial positions is reportedly delaying Winston Peters' announcement.

PRESS DIGEST- New York Times business news - Oct 19

Oct 19 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Kenneth I. Chenault, one of the longest-serving executives in finance and one of corporate America's few black top leaders, will....

Senate poised for crucial vote related to tax reform measure

WASHINGTON (Reuters) - President Donald Trump’s drive to overhaul the U.S. tax code headed for a pivotal moment on Thursday, with Senate Republicans poised to approve a budget measure that would help them pass tax legislation without Democratic support.

Fire destroys landmark hotel in Myanmar's largest city

YANGON (Reuters) - One person was injured in a massive fire that destroyed one of Yangon’s best-known hotels on Thursday, sending clouds of dark smoke billowing over the center of Myanmar’s largest city and triggering an hours-long battle to put out the flames. It was not immediately clear what caused the fire, which broke out around 3:20 a.

INSIGHT-Peace gives Colombian coffee an extra shot

SAN CARLOS, Colombia (Reuters) - Farmers who fled war in the Colombian Andes are returning to revive their abandoned land, cultivating coffee trees that are boosting global supplies of the highest-quality beans. Colombia’s five-decade civil war, the longest in the Americas, displaced millions and....

Thirty years ago this week, Wall Street slid into the abyss

FILE PHOTO: The New York Stock Exchange (NYSE) is pictured in New York City, New York, U.S., August 2, 2017. REUTERS/Carlo Allegri/File Photo. NEW YORK (Reuters) - Thirty years ago, before heading to work at the New York Stock Exchange, Peter Kenny left his home in lower Manhattan and made a detour....

FEATURE-Thirty years ago this week, Wall Street slid into the abyss

NEW YORK (Reuters) - Thirty years ago, before heading to work at the New York Stock Exchange, Peter Kenny left his home in lower Manhattan and made a detour to the nearby Our Lady of Victory church to pray to St. Jude, the Roman Catholic patron saint of desperate and lost causes.

Philippines says 'big possibility' Malaysian militant leader killed

MARAWI CITY, Philippines (Reuters) - The Philippine military said on Thursday there was a “big possibility” that a top Malaysian militant tipped to become Islamic State’s point man in Southeast Asia has been killed in an overnight battle. Thirteen rebels among the few dozen Islamic State loyalists....

Provinces gearing up for royal cremation ceremony

PETCHABURI, 19th October 2017 (NNT) - Provinces across the country are getting ready for the upcoming royal cremation ceremony of His Majesty the late King Bhumibol Adulyadej. In Phetchaburi, local government officials, residents, soldiers from the 15th Military Circle and police officers are....

HM the King grants flames for use in royal cremation in Thailand, overseas

BANGKOK, 18 October 2017 (NNT) – His Majesty the King has presented the Prime Minister with royal flames, which will be distributed to officials in all provinces of Thailand and in foreign countries to use in the upcoming royal cremation ceremony. This evening, His Majesty King Maha Vajiralongkorn....

5 things to know about China's twice-a-decade party congress

Observers are watching to see if Xi's personal political theory will be entered into the party constitution alongside those of predecessors such as Mao Zedong and Deng Xiaoping. Xi's wide-ranging, almost 3 1/2-hour address to the congress' opening session Wednesday made no clear statement on that matter.

Dell reinvents itself for the IoT era by making the right connections

From hipster, hydroponically-grown designer kale to a Grey’s Anatomy -level story of a race against time to save an infant’s life using state of the art genomic sequencing, Dell’s vision for the Internet of Things (IoT) reveals that its strength lies in an astute choice of partnerships and start-up....

Gavin O’Reilly says INM governance a ‘bit upside-down’

Gavin O’Reilly, a former chief executive of Independent News & Media, has criticised governance at the company in the wake of a boardroom spat between chairman and Robert Pitt , who last week stood down as chief executive, and issues regarding the composition of its board.

MyServiceHistory helps keep car service records up to date

is a car enthusiast. He likes to look after his vehicles and is meticulous about regular servicing. Having spoken to his friends on the subject however, he found he was in the minority and this ignited the thought process for what has since become the NovaUCD-based start-up, MyServiceHistory.

Madness of one State company suing another

A legal dispute has arisen between semi -State companies and Coillte , which highlights the inherent madness of taxpayer-owned companies suing each other. The row is over a gas pipe that runs through a Coillte forest in Tipperary. It appears the dispute arose over whether or not the GNI pipeline was....

Malaysian militant believed among fighters killed in Marawi

Residents recently returning to their area cleared by government troops react as they ride a tricycle a day after President Rodrigo Duterte declared the liberation of Marawi city in southern Philippines Wednesday, Oct. 18, 2017. Sporadic explosions continue Wednesday as Philippine soldiers fought to....

Revanth Reddy blasts AP TDP ministers for bowing before KCR

HYDERABAD: In what is seen as a clear indication that he is more inclined to quit the Telugu Desam and join the Congress, TTDP working president and Kodangal MLA A Revanth Reddy on Wednesday minced no words in criticising his party ministers in Andhra Pradesh for bowing before KCR and also....

Decision day for Catalonia's separatist leader

MADRID: Catalonia's separatist leader Carles Puigdemont must abandon his bid for independence from Spain today or face an unprecedented move by Madrid to seek a suspension of his region's autonomy. Puigdemont, who sparked Spain's worst political crisis in decades by holding a banned independence....

Bihar cabinet approves hike in DA payable to employees

PATNA: The Bihar cabinet today approved a hike in the dearness allowance payable to state government employees, pensioners and family pensioners. The nod was given at a meeting of the state cabinet held this morning and chaired by Chief Minister Nitish Kumar, Principal Secretary of cabinet secretariat department Brajesh Mehrotra told reporters.

First Waco biker trial could have domino effect on others

Jacob Carrizal, the first biker to be prosecuted for his alleged role in the May 17, 2015, Twin Peaks shootout heads to court Wednesday Oct.11, 2017, in Waco, Texas. Jury selection began this week in the first of those trials, against Bandidos Dallas chapter president Christopher "Jake" Carrizal for....

Waco loses 2 major robotics competitions after lack of sponsorship

Losing the Heart of Texas Boosting Engineering, Science, and Technology, or BEST, Robotics competition; and the For Inspiration and Recognition of Science and Technology, or FIRST, Robotics competition means school districts and students will have to travel farther and raise more money for events....

Today in History

On Oct. 19, 1987, the stock market crashed as the Dow Jones Industrial Average plunged 508 points, or 22.6 percent in value (its biggest daily percentage loss), to close at 1,738.74 in what came to be known as "Black Monday." On this date: In 1216, John, King of England, died, more than a year after....
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