Business

Online food delivery merger set for in-depth probe

Online food delivery merger set for in-depth probe

Just Eat's planned purchase of its takeaway delivery rival Hungryhouse will be investigated by the UK's competition authority, because of worries the merger could have a negative impact on restaurants. Following an initial investigation into the £200m deal, the watchdog found that the companies are close competitors because of the similarity of their service and their broad geographical coverage.


Malaysia's GDP expanded 5.6% in first quarter

Malaysia's GDP expanded 5.6% in first quarter

Meanwhile, headline inflation rose by 4.3 per cent due to higher fuel oil prices with RON95 petrol averaging RM2.23 per litre compared to RM1.73 in the same quarter previous year. Annual consumer price inflation hit an eight-year high in March at 5.1 percent, though it slowed to 4.4 percent in April. KUALA LUMPUR , May 19 ― Bank Negara Malaysia (BNM) suggested today that public perception of inflation tends to be higher than the actual rate, with the bias shaped by their personal experience ...



Indivior PLC (INDV) Earns "Buy" Rating from Stifel Nicolaus

Shares of RSA Insurance Group plc (LON:RSA) traded up 0.32% on Tuesday, hitting GBX 621.00. New Oriental Education & Tech Grp (ADR) (NYSE:EDU) has risen 44.84% since September 30, 2016 and is uptrending. The Firm operates through three divisions: Retail, Wholesale and Central costs. It has a 20.42 P/E ratio. Global eCom provides a range of payment services, both online and by mobile, to accept, validate and settle payments in approximately 126 currencies across 146 countries, using any one of ...



Oil prices continue their advance as focus shifts to API supply report

HONG KONG (AP) - A strong U.S.jobs report shored up markets on Friday, though energy shares remained under pressure after the price of oil touched its lowest level in nearly six months. Moscow and Riyadh were the two most important players in this collection of petrostates, so it's not surprising to see Brent crude jump almost $1.50 in trading today.


India takes tough stance to control drug prices

India takes tough stance to control drug prices

According to NPPA's guidelines on overpricing of drugs, if a company does not respond to a show-cause notice regarding overcharging of a drug, the regulator, after issuing one reminder and giving 15 days to the company, shall fix the price of the medicine and calculate the overcharged amount based on the difference between its price and the maximum retail price.



Delving into The Technicals on Vornado Realty Trust (NYSE:VNO)

It was reported on May, 18 by Barchart.com. We have $20.79 PT which if reached, will make NYSE:DOC worth $122.00 million more. Investors sentiment decreased to 1.38 in 2016 Q4. On Thursday, December 31 the stock rating was maintained by Stifel Nicolaus with "Buy". The stock has "Overweight" rating by JP Morgan on Tuesday, December 22.