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Stocks Bounce Back with a Weekly Gain of Over 2%

Finance
[unable to retrieve full-text content]A lot of stuff was thrown at the market on Friday including Apple s disappointing report a very strong jobs number and trade rumors In the end stocks couldn t extend the three day winning streak but the week finished solidly on the positive side The NASDAQ was up 2 7 this week Latest Articles in
Bajaj Allianz Life overhauls its operations to gain agility, achieve customer centricity

Bajaj Allianz Life overhauls its operations to gain agility, achieve customer centricity

Finance
From all accounts, Kayzad Hiramanek, EVP-Customer Service & Operations at Bajaj Allianz Life, is both a satisfied and anxious man these days. He is satisfied that Bajaj Allianz Life Insurance is building momentum through and beyond digital transformation using technology to solve real business problems. Digital sales have shown a growth of 27% in FY18-19. And the business contribution from digital channels has been 60% of the individual rated new business in FY18-19. As the digital champion of the life insurance company, he could not have asked for a more resounding success of the digital initiatives, launched over the last 18 months. At the same time, he is anxious to outline a future-forward digital approach for the insurer. Indeed, talking to Hiramanek, one cannot help but be struck by ...
Swedish election: Main blocs neck and neck as nationalists gain

Swedish election: Main blocs neck and neck as nationalists gain

World
The Swedish general election has left the two main political blocs almost tied, with the anti-immigration party making gains on its previous results.With nearly all ballots counted, the governing centre-left coalition is marginally ahead of its centre-right Alliance rivals, with around 40% each.The nationalist Sweden Democrats (SD) have won about 18% of the vote, up from 12.9% in the previous election.A protracted battle to form a working coalition now looks certain.Is Europe seeing a nationalist surge?Both of the main blocs have refused to govern with the SD, although its leader said he was prepared to talk with all other parties."We will increase our seats in parliament and we will gain huge influence over what happens in Swed...
Time Warner shares shoot higher after judge rules in favor of merger with AT&T; other media stocks gain

Time Warner shares shoot higher after judge rules in favor of merger with AT&T; other media stocks gain

Finance
Media and telecommunications stocks shot higher in aftermarket trading Tuesday after a federal judge ruled in AT&T's favor on its $ 85 billion acquisition of Time Warner. Time Warner shares traded more than 5 percent higher in aftermarket trading. The widely anticipated ruling comes amid pent up interest in forging combinations across the entertainment and communications industries. CNBC's parent company, Comcast, has been eyeing a $ 60 billion offer for the Twenty-First Century Fox studio and production assets that are currently part of a deal with Disney. ...
Facebook sees teen usage sharply decline, as rival apps gain in key demo: Report

Facebook sees teen usage sharply decline, as rival apps gain in key demo: Report

Technology
Facebook, the behemoth social media platform that has faced a raft of challenges in the past year, got more worrisome news yesterday: a new report showing its usage among teenagers sharply declining. A new survey from Pew Research Center says 51 percent of teenagers aged 13 to 17 reported using Facebook -- a 20 percentage-point drop from the center’s previous 2014-2015 survey. The decline reflects teens shifting to other apps and platforms, with YouTube, Instagram and Snapchat all overtaking Facebook in the coveted demographic. Eighty-five percent of teens reported using YouTube in the new report, while 72 percent and 69 percent said they used Instagram and Snapchat respectively. Facebook, formerly the most popular of the platforms in the survey, fell to fourth. Those numbers re...