Zopa, a UK P2P lender, plans more funding in 2019 as it opens a bank

Zopa, a UK P2P lender, plans more funding in 2019 as it opens a bank

U.K. peer-to-peer lender Zopa plans on raising more money in 2019 as it looks to open up its own bank, its boss told CNBC. The financial technology start-up recently obtained a banking license from Britain’s financial regulator, on the back of a £60 million ($76.5 million) funding round it closed last month. “We will be looking to raise additional capital in 2019,” Zopa Chief Executive Jaidev Janardana told CNBC in an exclusive interview. “The focus…

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Fiat Chrysler reportedly plans to open factory in Detroit for Jeep SUV

Fiat Chrysler reportedly plans to open factory in Detroit for Jeep SUV

GM has come under fire after announcing last week that it plans to cut 14,000 jobs in the U.S. and Canada, citing a weakening economy, the escalating trade war and a desire to reposition itself as a smaller, more nimble company. Ford is also scaling back, saying last week that it planned to cut a shift at two of its U.S. plants in an attempt to avoid more onerous layoffs. Detroit will lose two GM…

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Priyanka Chopra reveals her HONEYMOON plans with Nick Jonas

Priyanka Chopra reveals her HONEYMOON plans with Nick Jonas

‘); }); Priyanka Chopra and Nick Jonas are now man and wife and it is amazing to see how their love story shaped up so beautifully. PC’s wedding was nothing short of a fairy-tale and the pics that have come out make her fans totally included in this amazing love saga. After the wedding and a reception in Delhi, Priyanka dived right into work as she made an appearance at NDTV show where she spoke…

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Germany’s Opel announces plans for electric van in 2020

Germany’s Opel announces plans for electric van in 2020

German automaker Opel is set to roll out an electric model of its Vivaro van. The new midsize van will be available as a battery electric vehicle in 2020, the company said in an announcement Thursday. In addition, Opel will open its order books for a battery electric version of its popular Corsa model and a plug-in hybrid version of its Grandland X sports utility vehicle (SUV) in the first half of 2019. Opel’s CEO,…

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China plans to buy US crude oil before 90-day truce ends

China plans to buy US crude oil before 90-day truce ends

Chinese oil trader Unipec plans to resume U.S. crude shipments to China by March after the Xi-Trump deal at the G-20 meeting reduced the risk of tariffs being imposed on these imports, sources with knowledge of the matter said. Three sources with knowledge of the matter said Unipec is looking to import U.S. oil by March 1, when the 90-day negotiating period agreed by the leaders of the world’s two biggest economies comes to an…

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Qualcomm Says No Plans to Revive the Abandoned $44 Billion NXP Acquisition

Qualcomm Says No Plans to Revive the Abandoned $44 Billion NXP Acquisition

US chipmaker Qualcomm said on Monday it was not looking to revive its abandoned $44 billion (roughly Rs. 3.1 lakh crores) acquisition of Dutch peer NXP Semiconductors NV, a day after the White House said China would reconsider clearing a deal if it was attempted again. Qualcomm, the world’s biggest smartphone-chip maker, walked away from its agreement to buy NXP in July, after failing to secure Chinese regulatory approval. The planned deal was first agreed between the…

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Irrfan Khan says he has no plans of returning to India at the moment

Irrfan Khan says he has no plans of returning to India at the moment

‘); }); While we are all very happy to see another ailing actor Sonali Bendre return home for what she so lucidly describes as a “happy interval”, Irrfan is not coming to India any time in the near future. There were reports in almost every leading newspaper and on most prominent portals that Irrfan was returning for Diwali, then post-Diwali. One leading tabloid in Mumbai got even more helpful and provided us with a date…

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Boney Kapoor has NO PLANS of casting his son Arjun Kapoor & daughter Janhvi Kapoor in a film

Boney Kapoor has NO PLANS of casting his son Arjun Kapoor & daughter Janhvi Kapoor in a film

‘); }); Ever since he spoke on how keen he was to cast his son Arjun Kapoor from his first wife with his daughter Janhvi from his second wife, Boney Kapoor has been inundated with requests to provide details on the project. However Boney clarifies it was just an idea that he shared on a public platform. “I don’t have any concrete plans of casting them together. It’s one of those wishes that I have…

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The biggest blind spots about retirement plans, according to A.I.

The biggest blind spots about retirement plans, according to A.I.

“You have to figure out which makes the most sense for you, and each plan is different and might not have the same options,” said Grant Easterbrook, co-founder at Dream Forward. Other topics that serve as the biggest pain points for retirement plan investors include tax-related questions and challenges with understanding investing concepts, terms of a company match and profit-sharing programs, and rollovers. More from Personal Finance:Take this key step to protect your heirs and…

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Shell sets emissions targets, plans to link them to executive pay

Shell sets emissions targets, plans to link them to executive pay

Oil and gas major Shell has announced plans for carbon emissions targets linked to remuneration. Shell’s announcement was made Monday at the start of the COP24 climate talks in Katowice, Poland. In a joint statement with a leadership group of institutional investors on behalf of Climate Action 100+, the Anglo-Dutch business said it aimed to cut its net carbon footprint by around 50 percent by 2050. As an “interim step,” the firm said it would…

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OnePlus Says Plans to Make Its Hyderabad R&D Centre Its Biggest Globally

OnePlus Says Plans to Make Its Hyderabad R&D Centre Its Biggest Globally

Betting big on the cut-throat Indian smartphone market, Chinese handset maker OnePlus on Monday announced it has was working to grow its recently-opened Hyderabad facility into its biggest R&D centre globally in three years. The facility will not only play a critical role in development of Artificial Intelligence (AI) and Machine Learning (ML) in OnePlus products but will also drive innovations that are centric and relevant to the company’s Indian community, the company said in…

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Orsted outlines plans for $30 billion investment in green energy

Orsted outlines plans for $30 billion investment in green energy

Danish energy firm Orsted has unveiled an “extensive investment program” that will see it invest around 200 billion Danish krone ($30.26 billion) in green energy between 2019 and 2025. Breaking the figures down, Orsted said that investments in offshore wind farms were expected to make up 75 to 85 percent of the program, with onshore investments accounting for 15 to 20 percent. Bioenergy and customer solutions were expected to represent 0 to 5 percent of…

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Saudi Aramco plans $150 billion gas investments over next decade: CEO

Saudi Aramco plans $150 billion gas investments over next decade: CEO

Saudi Aramco said on Tuesday its gas program would attract $150 billion worth of investments over the next decade with production growing to 23 billion standard cubic feet a day from the current 14 billion. “We also have world-class unconventional gas resources that are rapidly supplementing our large conventional resources … currently we have 16 drilling rigs concentrating on unconventional gas and more than 70 wells completed this year,” CEO Amin Nasser said at a…

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John Hennessy, Alphabet chairman, on Google China plans 

John Hennessy, Alphabet chairman, on Google China plans 

Hennessy, like Google CEO Sundar Pichai,framed the company’s consideration of a censored search product through the lens of it being a better option than current domestic products, like the local search engine Baidu. “The question that I think comes to my mind then, that I struggle with, is are we better off giving Chinese citizens a decent search engine, a capable search engine even if it is restricted and censored in some cases, than a…

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Nokia Smartphones Get 3 Servify-Powered Insurance Plans in India

Nokia Smartphones Get 3 Servify-Powered Insurance Plans in India

Nokia licensee HMD Global on Thursday announced insurance offerings for its range of Nokia smartphones in India, in partnership with Servify. The insurance plans start from Rs. 399, and are meant to safeguard against risks over and above the purview of standard warranty. Three types of insurance plans were launched, all with 12-month covers. The first is the Nokia phones insurance plan with accident and liquid damage protection, while the second is the Nokia phones…

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