Money

Author: 0 Dollar steady after soft US data, Fed's Dudley awaited for cues

Gold futures fell Monday, extending recent losses as the dollar strengthened on hawkish comments from a Federal Reserve official. " Inflation is a little lower than what we would like, but we think that if the labor market continues to tighten, wages will gradually pick up and with that, inflation will gradually get back to 2 percent", Dudley said at a speech to chamber of commerce in Plattsburg, New York.

Author: 0 LLC Sells 16737 Shares of BP plc (BP)

A number of other brokerages also recently issued reports on INCH. Norges Bank bought a new stake in shares of BP p.l.c. during the fourth quarter valued at about $15,632,000. This represents a $2.38 dividend on an annualized basis and a dividend yield of 6.61%. The ex-dividend date is Thursday, May 11th. BP p.l.c.'s dividend payout ratio is presently 366.16%.

Author: 0 Public Protector: Absa Must Pay Back The Money

But Mkhwebane announced the figure for the bailouts in closer to R1,125 billion - and that is how much she wants the financial institution to pay back. CIEX Limited was paid 600,000 British Pounds for services which were never used by the South African government. The requirements for a constitutional change that would shift the Reserve Bank's mandate from protecting the value of the rand in favour of the socio-economic wellbeing of citizens was unlikely‚ Nomura's emerging-markets ...

Author: 0 EQT buys Rice Energy to create shale gas drilling giant

In the most expensive US shale merger of the year, EQT Corp . USA oil and gas company EQT Corp EQT.N said on Monday it would buy Rice Energy RICE .N for $6.7 billion (5.24 billion pounds) in its biggest deal ever, as it looks to expand its natural gas business.

Money Jaguar Land Rover to create 5000 jobs
Author: 0 Jaguar Land Rover to create 5000 jobs

Following stories of a lack of talent in driverless and autonomous tech development, Jaguar looks to diversify the pool of talent, as well as the ways in which it is reached, by launching the more youth-oriented recruitment programme with Gorillaz .

Author: 0 Lockheed Martin, Tata ink deal to make F-16 fighters in India

The two companies said this unmatched US-Indian industry partnership directly supports New Delhis initiative to develop private aerospace and defence manufacturing capacity in the country under the Make in India initiative. A year ago, Lockheed said that it would build F-16s in India if it wins a big order for the planes from that country, which wants to grow its defense manufacturing base.

Money Trade commission seeks to block daily fantasy sports merger
Author: 0 Trade commission seeks to block daily fantasy sports merger

Some are saying that a split vote could happen with one Democrat and one Republican voting on the FTC side. According to the FTC's complaint, DraftKings and FanDuel are each other's most significant competitor, and the combined firm would hold more than 90% of the US market.

Author: 0 Boeing unveils plans for new version of 737 Max

While new civilian aircraft orders will probably fall short of the Dollars 130 billion the Paris show clocked up last time - mostly thanks to booming orders for Boeing and Airbus - the industry is still optimistic about sustained growth. "The 737 MAX 10 extends the competitive advantage of the 737 MAX family and we're honored that so many customers across the world have embraced the outstanding value it will bring to their fleets", said Boeing Commercial Airplanes President and CEO Kevin ...

Author: 0 Airbus A380 upgrade waits in the wings at Paris Airshow

PARIS-Airbus SE (AIR.FR) Sunday introduced potential upgrades to its A380 superjumbo to reduce fuel burn as it struggles to secure sales for the airplane. His arrival was followed by a flypast by the world's largest passenger plane, the Airbus A380, and France's aerial display team. The ceremony will lend high-level support to two ambitious European aerospace projects tarnished by problems in recent years: the A400M because of chronic cost overruns and delays and the A380 because of weak ...

Author: 0 Verizon Completes $4.48 Billion Acquisition of Yahoo; Marissa Leaves with $23 Million

On not being awarded the bonus, Ms Mayer said "expressed my desire that my bonus be redistributed to our company's hardworking employees, who contributed so much to Yahoo's success in 2016". Mayer took criticism for serial acquisitions of companies like Tumblr , for which Yahoo! paid $1.1 billion, and failing to turn around the operating business.

Author: 0 One dead as van rams Muslims near London mosque

The Metropolitan Police called it a "terrorist attack" and said an investigation was being carried out by the Counter Terrorism Command . We will focus on reports from police officials and other authorities, credible news outlets and reporters who are at the scene.

Author: 0 BOC Aviation to Buy 10 Boeing 737 MAX 10 Jets

Boeing has received orders and commitments for 240 MAX 10 jets, it said. Like Boeing's other 737 MAX models, the MAX 10 incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets, Boeing Sky Interior, large flight deck displays, and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.

Author: 0 Kiwis beat Oracle in first two America's Cup races in Bermuda

This is a rematch of the epic 2013 America's Cup , when Team New Zealand, then skippered by Dean Barker, reached match point at 8-1 before Oracle Team USA won eight straight races to retain the oldest trophy in worldwide sports. "Good boat speed and good manoeuvres, it's turning out quite nicely for us". "Jimmy (Spithill) and ORACLE TEAM USA sailed really well to put us under a lot of pressure, but we managed to keep our composure and sail really well".

Author: 0 Confederations Cup: Our Play Matched Portugal, Says Mexico's Osorio

Giovani dos Santos and Mexico opened the 2017 FIFA Confederations Cup on Sunday with a hard-fought 2-2 draw against the reigning European champions Portugal in Kazan . Portugal have made their way into the competition after an impressive European Championships campaign last summer where they ended up beating France 1-0 in the final to etch the name on the continental stage.

Money Congressman Scalise on the mend, now in 'serious' condition
Author: 0 Congressman Scalise on the mend, now in 'serious' condition

Sava earlier said the Louisiana congressman had been at "imminent risk of death" when he was first brought into the hospital on Wednesday, and he received many units of transfused blood. Sava said Friday that there are hundreds of bullet fragments in Scalise's body, but "we have no intention to try and remove all the bullet fragments at this point".

Author: 0 Qatar reminds its neighbours of 9/11 as Gulf crisis enters third week

The secretary of state initially called on Saudi Arabia to ease what he called "the blockade" on June 9, only to have Trump, at a White House news conference hours later, say the move had been the right one. What's the position of the United States in all this? The Pentagon approved a $12 billion deal to sell warplanes to Qatar last week. "First, following the principled stance of President of Turkey, Recep Tayyip Erdoğan and Turkish government, Turkish community's prominent members ...

Money New Overweight Rating Was Given to Valeant Pharmaceuticals International VRX (NYSE:VRX)
Author: 0 New Overweight Rating Was Given to Valeant Pharmaceuticals International VRX (NYSE:VRX)

Moreover, First Financial Corporation In has 0.14% invested in Clayton Williams Energy, Inc. It also reduced Equifax Inc (NYSE:EFX) stake by 3,782 shares and now owns 101,855 shares. State Of Wisconsin Invest Board has 255,756 shares for 0.02% of their portfolio. Cullinan Assoc Inc reported 31,440 shares. The insider now directly owns 1,059,793 shares worth $13,416,979.

Author: 0 PresidentTrump's lawyer stresses he is 'not under investigation' by FBI

Trump has in recent days expressed frustration with Rosenstein, who has the authority to fire Mueller . Sekulow told Wallace that Trump's firing of FBI Director James Comey last month was "based on numerous events, including recommendations from his attorney general and the deputy attorney general's office".

Author: 0 Election win gives Macron carte blanche

German Chancellor Angela Merkel was among the first to congratulate Macron. Chris Scicluna, head of economic research at Daiwa Capital Markets, said: "While Macron didn't fare quite as well as last week's projections suggested, the parliament seems highly likely to grant him the special powers required to allow him to drive through his labour market reforms by decree, perhaps by the end of the summer".

Author: 0 Dominion Midstream Partners, LP (DM) Stake Lowered by Wells Fargo & Company MN

Raymond James upgraded the stock to "Strong Buy" rating in Monday, January 4 report. The firm has "Neutral" rating given on Tuesday, September 13 by Credit Suisse. 1,159 are held by Ims Cap. The pipeline company reported $1.36 earnings per share for the quarter, missing the consensus estimate of $1.38 by $0.02. One equities research analyst has rated the stock with a sell rating , two have given a hold rating and eight have assigned a buy rating to the company's stock.

Author: 0 Eurozone preparing "exit strategy" from Greek bailouts in 2018

The new loan disbursement hinges on a condition set by the German parliament that the International Monetary Fund joins the Greek bailout, now shouldered only by the euro zone. It needs the money to meet roughly 7 billion euros ($7.8 billion) in debt repayments in July. The fund would not, however, disburse any of its money to Greece until the euro zone provides enough details on possible debt relief for Athens in 2018 that would allow the Fund to calculate whether Greek debt can be made ...

Money Pakistan smash 338 vs India in Champions Trophy final
Author: 0 Pakistan smash 338 vs India in Champions Trophy final

Pakistan have managed to bounce back in this tournament, defeating South Africa and Sri Lanka in the group stages and England in the semi-finals to book a berth in the final. Azhar had to go, with his partner static in the non-striker's crease, after Bumrah pulled off an unexpected stop at midwicket. Babar Azam joined Fakhar, who lofted Ravindra Jadeja over long-on for six and got to three figures by sweeping Ravichandran Ashwin to the boundary.

Money CDSL IPO subscribed 1.99 times on day 1
Author: 0 CDSL IPO subscribed 1.99 times on day 1

However, in terms of market share , the company is the second largest depository in India. The IPO will close two days later. At the top end of the price band of Rs145-149 per share, the CDSL initial public offer (IPO) will raise Rs 524 crore.

Money Shanghai's Oscar denies disrespecting Guangzhou R&F following brawl
Author: 0 Shanghai's Oscar denies disrespecting Guangzhou R&F following brawl

When the ball bounced back to him he smashed it again in the opposite direction - hitting the midriff of another Guangzhou player. The home side's Chen Zhizhao retaliated, pushing the 25-year-old Brazilian to the ground. 'I never allow my players to play so dirty. The match ended 1-1 with Hulk scoring Shanghai's equaliser. The Guangzhou players angered by Oscar's action surround the player before his Shanghai team-mates entered the fray as punches were thrown and both benches ...

Author: 0 Boeing closing in on US$5bil orders from Asian airlines

The biennial show got underway at Le Bourget near Paris on Monday and runs until June 25. The 737 Max 10, which will be Boeing's first new model since the unveiling of the 777X series at the Dubai Air Show in 2013, will be 1.68 metres longer than the Max 9, now the biggest member of the re-engined 737 family, which was launched alongside the Max 7 and 8 in 2011.

Author: 0 Oil slips as data points to fast-growing supply

The EIA also said that crude stocks at the Cushing, Okla., distribution hub fell by 1.2 million barrels last week. American benchmark West Texas Intermediate fell to as low as $44.55 just past noon (1600GMT), while Global benchmark Brent crude declined to $46.79 - each losing more than 3.7 percent.

Author: 0 Outstanding Analyst Ratings For Shire Plc (LON:SHP)

Therefore 73% are positive. The rating was upgraded by Credit Suisse on Thursday, January 12 to "Outperform". The rating was maintained by HSBC with "Buy" on Monday, March 14. Korea invested in 215,981 shares or 0.01% of the stock. Philadelphia Mngmt Of San Francisco Limited Co invested 3.9% in Centrica PLC (LON:CNA). Moreover, Millennium Management Lc has 0.01% invested in Centrica PLC (LON:CNA) for 153,287 shares.

Money President Trump to reverse parts of Obama's Cuba policy
Author: 0 President Trump to reverse parts of Obama's Cuba policy

Tourism is technically banned under the embargo, but under the Obama administration, relaxed regulations allowed Americans to visit Cuba under people-to-people travel . That could have far-reaching effects since the military touches nearly every corner of the Cuban economy. "Today we are owners of boutique hotels, BnBs, restaurants and shops".

Author: 0 UK to double length of next Parliament to deal with Brexit

It means the Government will not put forward a new legislative programme next year. Talks with the DUP on a deal to shore up a minority Conservative administration are "progressing well" and the parties have reached "broad agreement" on the principles of the Speech, which will set out the Government's legislative programme for the coming year, according to a senior Conservative source.

Money Uber considering the future of CEO Travis Kalanick
Author: 0 Uber considering the future of CEO Travis Kalanick

Uber Technologies board of directors has voted unanimously to adopt all recommendations from a report stemming from allegations of sexual harassment at the company and other employee concerns, a board representative said. Many roles at Uber have been lying empty in the aftermath of the departure of many high-profile executives from the company. More over in the a year ago or so, Mr Kalanick has earned a status as an uncompromising leader and was condemned heavily after being caught on ...

Money N. Korea says launch tested 'new type' of cruise missile
Author: 0 N. Korea says launch tested 'new type' of cruise missile

The improved range indicates North Korea is pursuing weapons capable of reaching US aircraft carriers that operate from deeper positions, he said. A senior official from the presidential Blue House in Seoul said Wednesday that the two launchers of the Terminal High Altitude Area Defense system that had been installed could remain but that four launchers yet to be placed would not be set up until the administration completed an environmental assessment.

Author: 0 Shiv Sena attacks BJP over J&K, Bengal situation

The meeting assumes significance for the BJP as the Shiv Sena is the most vocal critic of the party, the Prime Minister and also its Maharashtra alliance partner Chief Minister Devendra Fadnavis . "We had said we support free trade and free agriculture [when BJP's predecessor Jana Sangh was formed], and today too we are supporting free trade and free agriculture".

Author: 0 Queen Elizabeth pays homage to London fire victims in minute of silence

A resident in a nearby building watches smoke rise from a building on fire in London , Wednesday, June 14, 2017. The cause of Wednesday's blaze in London is still under investigation, but anger has mounted in the community amid reports that exterior panelling used in an extensive renovation completed previous year may have helped the flames to spread.

Author: 0 PARIS AIRSHOW: Boeing, GECAS announce order for 20 737 MAX 10

TUI Group aims to operate Europe's most carbon efficient airlines and has committed to reduce the carbon intensity of its operations by a further 10 percent by 2020. Adding the 737 MAX 10 gives our customers the most flexibility in the market, providing their fleets the range capability, fuel efficiency and unsurpassed reliability that the 737 MAX family is widely known for".

Author: 0 London Bridge attackers 'may have planned siege'

The commissioner of London's Metropolitan Police says the nationalities of the eight victims in the terrorist attack on London Bridge tell a proud story of London's unique makeup. Five people died of stab wounds, and nearly 50 people were wounded in the attack . He later found a police auto to get a man who had been stabbed in the stomach to a hospital.

Money 50% candidates from Telangana give UPSC prelims a miss
Author: 0 50% candidates from Telangana give UPSC prelims a miss

Questions on Goods and Services Tax (GST), benami transactions and schemes run by the central government were asked in the civil services preliminary examination held today. Click on it and check the answers with the matching set attempted in examination . The paper consists of Multiple Choice Questions (MCQs). Over 9 lakh candidates across the country would appear for the examination .

Author: 0 'Sombre' Britain prepares for historic Brexit talks

The election of the fervently europhile Macron, and his party's sweep of the French parliament on Sunday, has revived optimism in Brussels. Monday's negotiations are to open at 11:00am in Brussels (0900 GMT) with 90 minutes of talks between Barnier and Davis, followed by a working lunch between the pair and a press conference.

Money Sena slams Shah; says BJP may win polls but can it save
Author: 0 Sena slams Shah; says BJP may win polls but can it save

BJP President Amit Shah on Sunday met its sulking ally and Shiv Sena President Uddhav Thackeray and his son Aditya in Mumbai to ensure the Sena's crucial support in the July 17 Presidential election . The Sena said that Jammu and Kashmir chief minister Mehbooba Mufti was openly supporting "youth attacking" soldiers and was blaming jawans for the present situation in Kashmir.

Money Economy Watch: Fed Sure of Economy, Raises Rates, Promises Asset Sell-Off
Author: 0 Economy Watch: Fed Sure of Economy, Raises Rates, Promises Asset Sell-Off

The Fed said a recent softening in inflation was seen as transitory, but the latest tepid price readings made investors question its view that the United States economy is continuing to improve. Officials at the USA central bank also cut their inflation forecast, one of the final indicators to pick up momentum over the past few years. However, with the increased risk of political turmoil, it's highly unlikely that the BoE will hike rates anytime soon unless inflation went out of control.

Author: 0 Germany: no punishment for UK, but EU exit good for no one

European Union negotiator Michel Barnier said the negotiations which should lead to a breakup by March 2019 "must first tackle the uncertainties caused by Brexit - first for citizens, but also for the beneficiaries of the European Union policies and for the impact on borders, in particular Ireland".

Author: 0 Taoiseach Holds Meeting With DUP Leader

How Ireland will look post-Brexit could be one of the most sensitive subject of the upcoming talks. The Irish CP leader said that the DUP are in a contradictory position, aiming to maintain the division of Ireland while also seeking to locate the economic border between the United Kingdom and the European Union "down the middle of the Irish Sea" alongside the security border.

Money Gov't not overly concerned with Fed's rate hike
Author: 0 Gov't not overly concerned with Fed's rate hike

The stance of monetary policy remains accommodative, thereby supporting further strengthening of the labour market conditions and a sustained return to 2% inflation . interest rate hike and as oil prices remained under pressure. However, Anna Stupnytska, global economist at Fidelity International, said "emerging headwinds" in the U.S.

Money What they're saying: Warriors celebrate championship parade
Author: 0 What they're saying: Warriors celebrate championship parade

The Warriors drew criticism for becoming a "super team " with Durant's addition. Durant is so dedicated to winning multiple championships that he is reportedly considering taking less money from the team in order to free up space to re-sign key reserves like Shaun Livingston and Andre Iguodala .

Money Scalise condition upgraded to serious
Author: 0 Scalise condition upgraded to serious

Sava said Scalise will require surgeries soon for abdominal and bone injuries, in addition to the two he has undergone to fix a bone in his leg broken by the bullet. The statement noted that there would be no further updates on Scalise's condition for the rest of the weekend. Scalise, the third-ranking Republican in the House, underwent three surgeries, the latest one on Saturday.

Money Grenfell residents in 'passionate, angry' exchanges with PM at Downing Street
Author: 0 Grenfell residents in 'passionate, angry' exchanges with PM at Downing Street

He said that feeling of being ignored is a source of much "deep frustration", and told how people have been left feeling "that decisions are taken about their lives and their homes that they are not party to". She said she has ordered daily progress reports on housing for those affected, and vowed the public inquiry into the disaster will be "open and transparent".

Money Greenpeace in Spain protests Trump climate decision
Author: 0 Greenpeace in Spain protests Trump climate decision

This will impose severe limits on landscape architecture's materials, construction methods, and professional mobility. "Countries around the world must seize the opportunity to unleash this potential, invest in renewable energy that eliminates harmful carbon pollution, and build economies that are more resilient, inclusive and prosperous".

Author: 0 Here's why Amazon is buying Whole Foods

Investors are likely anxious that Amazon , once entrenched in the physical grocery store business, will ruthlessly cut prices for food products like it did with books. The deal on the surface seems valuable for stakeholders in both companies. The acquisition price implies a trailing 12-month price-to-earnings multiple for Whole Foods of 31 times , versus a 14.4 average for the S&P 500 Food Retail index.

Money Amazon buys supermarket chain Whole Foods Market
Author: 0 Amazon buys supermarket chain Whole Foods Market

Viewed over the long arc of Amazon history, Whole Foods seems like an unlikely fit. Latham & Watkins corporate partners Adel Aslani-Far and Mark Gerstein are representing Evercore Partners in its role as financial adviser to Whole Foods on its proposed sale to Amazon , while Weil Gotshal & Manges banking partners Morgan Bale and Heather Viets, capital markets partner Faiza Rahman, M&A partner Raymond Gietz and tax partner William Horton are acting for Bank of America/Merrill Lynch and ...

Author: 0 Johnson Controls International plc (JCI)

Washington Trust Bank now owns 5,097 shares of the auto parts company's stock valued at $215,000 after buying an additional 388 shares in the last quarter. Johnson Controls International PLC's payout ratio is now -194.70%. Johnson Controls International PLC now has a consensus rating of "Buy" and a consensus target price of $50.75.