Bajaj Allianz General Insurance, which sold 10 lakh policies in the last two years, aims at collecting premiums valued at Rs 400 crore by fiscal 2003 - 04, a 40 per
cent rise on a year - on - year basis.
Last year the network handled 1.21 billion rail journeys, that's the equivalent of 20 trips for every citizen and a 7 per
cent rise on the year before.
GCP estimates that the world will have emitted 40.3 billion tonnes of carbon dioxide in 2014, a 2.2 per
cent rise on last year's record breaking level.
Data has also shown that across the UK, over 3,000 exam - related sessions were given to pupils, a nine per
cent rise on the previous year.
The data shows that by the end of 2015, 91.2 per cent of 16 -17-year-olds were in some form of education or training, revealing a one per
cent rise on the previous year's figure.
Oil prices, yesterday, resumed their free fall, with Brent crude, similar to Nigeria's sweet crude grade, falling 2.6 per cent to $ 31.34 a barrel following a 10 per
cent rise on Friday, while U.S. oil shed 95 cents to $ 31.24.
Not exact matches
Separately, StatsCan reported that retail sales
rose 0.6 per
cent in May, the third consecutive monthly increase and the latest indicator that Canada's economy is
on a roll.
Shares in diversified explorer Mindax have
risen nearly 13 per
cent on news it's in talks with a potential partner for its Mt Forrest Iron Project.
On the economic front, the U.S. consumer price index
rose a slight 0.3 per
cent in December, translating into an annualized rate of 1.5 per
cent.
New vehicle sales are
on the
rise, with new data showing 4.8 per
cent more cars were sold in the six months to June 30 than the same six month period last year.
Western Australian retail spending
rose 0.2 per
cent month
on month in January, to $ 2.8 billion, slightly below the national average of 0.3 per
cent.
Macy's, one of the few big winners last holiday, said
on Wednesday that its earnings per share
rose 30 percent to 61
cents for the third quarter.
The share price of Perth copper producer Aditya Birla Minerals
risen 19.5 per
cent on the announcement that its Nifty underground copper mine had been cleared to resume operations.
Meanwhile, telecom shares took a surprising upturn in the session,
rising 1.6 per
cent, as investors bet that stock in Canadian carriers was oversold last week
on expectations that Verizon Communications Inc. could enter the domestic market.
U.S. crude
rose 51
cents to $ 69.15, having hit its highest since Nov. 28, 2014
on Thursday.
Nickel miner Western Areas has reported a 37.5 per
cent rise in net profit despite a small drop in revenue, with the company focusing
on reducing costs in the year ahead.
Financial services provider Pioneer Credit says it's
on track for a record FY16, after delivering a 105 per
cent rise in half - year profit.
Excluding items, GE Baker Hughes earned 9
cents per share, beating analysts» estimates by 3
cents, according to Thomson Reuters I / B / E / S. Revenue
rose to $ 5.40 billion from $ 5.32 billion
on a combined basis a year earlier.
Waste management company Tox Free Solutions has announced a 60 per
cent increase in net profit to 21.7 million
on the back of a 30 per
cent rise in revenue to $ 369.9 million.
HONG KONG — China's state - owned CNOOC says first half - profit
rose 8 per
cent on higher oil and gas output after buying Canada's Nexen.
Scotiabank's spend
on technology, including cybersecurity initiatives,
rose 13 per
cent last year and now sits at more than $ 3 billion, Porter noted.
The company also announced its quarterly dividend will
rise by 20 per
cent to 33
cents a share, with the next payment
on March 23.
The contract
rose 47
cents to $ 68.57 per barrel
on Monday.
The dollar has eased off in the last couple of days since Trump complained about it being too strong, but, after
rising half a
cent on the back of Draghi's press conference, it's still close to a 14 - year high against the euro.
On a per - share basis, earnings
rose to 29
cents from 23
cents in all its stock classes: Class A, B and C.
The miner said adjusted net earnings for the quarter ended March 31
rose to $ 170 million, or 15
cents a share, from $ 162 million or 14
cents a share in the same three - month period a year ago
on the back of higher gold prices and lower depreciation.
The Pantry's stock (Nasdaq: PTRY) gained $ 1 or 2.8 per
cent to $ 36.52 after
rising 23 per
cent on Wednesday amid reports of a transaction in the works.
On the dividend front, Royal Bank will
rise five per
cent to 63
cents per share.
Tang said the wealth gap was actually widening at a slower pace compared with a
rise of 0.004 between 2006 and 2011, thanks to the government's increased efforts to help the impoverished, including an increase of over 40 per
cent in welfare spending
on public housing and medical benefits for the poor.
The company's gold division, despite the strong
rise in the bullion price, remains second - rate and most of this year's forecast pre-tax and pre-interest profit of $ 132 million (up 12 per
cent on 2003) will come from tantalum.
Since last March, WAN has
risen 38 per
cent from $ 4.78 to recent sales around $ 6.63, with a 52 - week high of $ 6.70 set
on January 6.
Playboy's shares
rose 89
cents, or 17.1 percent, to close at $ 6.09
on Monday.
For the six months to December 31, it reported a 9.1 per
cent rise in underlying earnings before interest, taxes, and amortisation to $ 72.8 million,
on the back of record gross written premium (GWP) growth across both its underwriting and broker network units.
Over nine years, consumers» premiums have
risen by 89.2 per
cent as money paid by their insurers
on their claims has
risen by 91 per
cent.
Private health insurer nib said it will capitalise
on crumbling confidence in the public health system as the company reported an 8 per
cent rise in full - year profit to $ 75.3 million.
Based
on these developments, we expect Australia's terms of trade to
rise by another 5 per
cent or so this year, but to fall gradually thereafter (Graph 9).
There was also good news from the company's metallurgical coal division, where production from its Queensland mines
rose 2 per
cent during the March quarter year -
on - year and 7 per
cent on the December quarter.
Since January alone, the
rise in the price of jet fuel from 70
cents a litre to 90
cents has taken $ 200 million off the company's bottom line
on an annual basis, according to Robert Palmer, a spokesman for WestJet.
The financial sector
rose nearly 1 per
cent, after the People's Bank of China said late
on Tuesday it would slash reserve requirement ratios (RRRs) for most banks by 100 basis points (bps), a move analysts say will reduce financing costs for lenders.
In contrast, according to the Parliamentary Budget Officer, the provincial, territorial and local government sector does not have a sustainable fiscal structure, even though their aggregate debt - to - GDP ratio is currently under 30 per
cent, but expected to
rise significantly due to the impact of an ageing population
on their finances.
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Our impression of the structure and parameters of such models as these is that the result of the thought experiment above — a
rise in short - term rates in real terms of 1 per
cent — looks broadly similar in terms of its bottom line effect
on activity.
In fact, that was «spot
on» for the four quarters to the September quarter of 2001, but by the December quarter inflation had
risen to 3.1 per
cent, and by the March quarter 2002 it was 2.9 per
cent.
The so - called core PCE price index
rose 0.2 per
cent on a month -
on - month basis in March after a similar gain in February.
AAA Texas
on Thursday reported prices at the pump statewide
rose 2 an average
cents to reach $ 2.60 per gallon.
According to Statistics Canada, total payments
on debt made by Canadian households
rose 6.7 per
cent in the fourth quarter from a year earlier, and the interest - paid component climbed 9.2 per
cent.
Since the early 1980s, the proportion of household financial assets held as deposits has fallen from about 50 per
cent to below 30 per
cent; this has been mirrored by a comparable
rise in the proportion of household assets held as claims
on life insurance and superannuation funds (Graph 11).
Could the economy have successfully negotiated the period of robust growth, and
rising inflation, in the first half of 2000, in the face of strong downward pressure
on the exchange rate, with interest rates maintained at 4 3/4 per
cent?
AAA Texas
on Thursday reported the price at the pump statewide
rose 6
cents to reach an average $ 2.58 per gallon.
Spending
on goods and services is expected to accelerate relative to the past couple of years
rising by 2.5 per
cent in 2014 and 2.3 per
cent in 2015.