Money

Author: 0 Kuwait backs call to extend oil output cuts

Saudi Arabia and Russian Federation said they favor prolonging oil-output cuts by global producers through the first quarter of 2018, setting a firmer timeframe for a likely extension of the curbs. The May 25 meeting is when a final decision will be made on the nine-month extension. "It's really only scalable around $50-$55 a barrel, which means [OPEC producers] have a lot of room in which they can grow production underneath that level".

Author: 0 Microsoft criticizes government creation of hacking tools used in global cyber-attack

The cyber attack has not spared anyone - governments, hospitals and major companies are all battling it. "However, Hitachi and others have mostly only reported loss of email and other secondary functionalities". Theft of the software was reported in April, when it was published by the Shadow Brokers, a group that has been linked to Russian Federation. Microsoft had recently issued a patch to fix the flaw, but many computers had not been updated.

Money Puerto Rico militant being freed from custody after 36 years
Author: 0 Puerto Rico militant being freed from custody after 36 years

Lopez Rivera was a member of the leftist group FALN that claimed responsibility for more than 100 bombings across New York , Chicago and Washington, as well as in Puerto Rico in the 1970s and early '80s. Rivera was originally sentenced to 55 years in prison in 1981 for his involvement in the Fuerzas Armadas de Liberación Nacional, otherwise known as FALN.

Money The Coca-Cola Company (KO) has a Market value of 187.35 Billion
Author: 0 The Coca-Cola Company (KO) has a Market value of 187.35 Billion

Following the completion of the sale, the insider now directly owns 149,185 shares of the company's stock, valued at approximately $6,479,104.55. It also reduced its holding in Landstar Sys Inc (NASDAQ:LSTR) by 141,675 shares in the quarter, leaving it with 1.57M shares, and cut its stake in Orbital Atk Inc ().

Money Eagles sign LeGarrette Blount to one-year deal
Author: 0 Eagles sign LeGarrette Blount to one-year deal

The Eagles also signed Wisconsin's 1,000-yard rusher Corey Clement as an undrafted free agent and feel he can learn behind a veteran like Blount. Rather, a split of around 15 carries for Blount, 10-to-12 carries for second-year back Wendell Smallwood and a handful of carries to split between Darren Sproles and rookie Donnel Pumphrey seems equitable on the surface when projecting a running back by committee approach.

Money US Federal Reserve holds interest rates steady
Author: 0 US Federal Reserve holds interest rates steady

But this week, it's all but sure to take a pause. Interest rates remain at historically low levels. One reason for the Fed to stand pat this week is that even though the job market has shown steady strength, the economy itself is still growing in fits and starts.

Author: 0 22 million WannaCry ransomware attack attempts blocked by Symantec

The Reserve Bank of India (RBI) also asked all banks to put in place a software update at ATMs to prevent their systems from a malware that has attacked payment systems across the world. "This exploit is named as ETERNALBLUE", an advisory issued by the CERT-In, accessed by PTI, said. The malware got control of computers by taking advantage of a flaw in the code for Microsoft's Windows operating system.

Money Donald Trump Threatens James Comey, Implies He Taped Conversations
Author: 0 Donald Trump Threatens James Comey, Implies He Taped Conversations

Before he moved into the White House, President Trump often taped phone conversations inside his Manhattan office, it was reported Saturday. Is there a recording of a mano-a-mano, January 27 White House dinner conversation between Trump and Comey , described by the president? Comey has not spoken publicly since his firing, and Trump did not indicate why he thinks it is necessary to head off any "leaking" from the former Federal Bureau of Investigation chief.

Author: 0 Cyber chaos may grow at start of workweek

In most cases, the malware infects computers through links or attachments through phishing emails. The " ransomware " cyberattack on companies and governments around the world has yet to victimize anyone at the University of IL, mostly because the UI bans outdated versions of the Windows operating system targeted by the virus.

Money Concerns over Trump dent global stocks, dollar
Author: 0 Concerns over Trump dent global stocks, dollar

In Japan, the Nikkei 225 index fell 0.5%, while the Shanghai CSI 300 lost 0.5%. At 10:46 a.m. ET (1446 GMT), the Dow Jones Industrial Average was down 234.47 points, or 1.12 percent, at 20,745.28, the S&P 500 was down 24.18 points, or 1.01 percent, at 2,376.49 and the Nasdaq Composite index was down 83.65 points, or 1.36 percent, at 6,086.22.

Money Poland says taking migrants worse than EU rebuke
Author: 0 Poland says taking migrants worse than EU rebuke

The right-wing government in Poland, which is now under the EU's rule of law monitoring procedure over its own actions, would be expected to veto any action against Hungary. Austria has finally pledged to accept eligible asylum seekers from Italy , but the European Union has warned Poland and Hungary that they have until June to start accepting refugees or face sanctions.

Author: 0 Ford plans job cuts to boost profits

It is claimed the job cuts will mainly concern North America and Asia, and several workers are to be offered of "generous early retirement incentives". The auto giant declined to comment on the reports job cuts but said that it remained focused on its core strategies to boost profitable growth. Ford shares were rising 0.9% in premarket trading on Tuesday.

Author: 0 North Korea's Missile Program Is Progressing Faster Than Expected: South Korea

Seoul- Washington and Tokyo have requested the Security Council to hold an emergency meeting, which could be held today in NY, according to what Uruguay delegation has announced. Defence Minister Han Min Koo also told lawmakers that the South Korean military had spotted signs of the missile launch ahead of the test on Sunday.

Author: 0 Deutsche Reiterated Victrex Plc (LON:VCT) As 'Hold'

The Company is engaged in the manufacture and sale of various polymers. It has a 12.15 P/E ratio. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. The firm has "Buy" rating by Deutsche Bank given on Wednesday, November 16. The Gap Inc. had 121 analyst reports since August 5, 2015 according to SRatingsIntel.

Money McDonald's expands delivery partnership with UberEats
Author: 0 McDonald's expands delivery partnership with UberEats

McDonald's (MCD) now delivers from more than 1,000 of its 14,000 restaurants nationwide, and customers aren't just ordering quarter pounders for delivery, they're ordering in bulk. Last year, the Golden Arches garnered almost $1 billion in delivery sales globally, CNBC said. In the USA, the company said it can rapidly expand delivery by using UberEats .

Author: 0 Foreign buyers hit with increased taxes and charges

Peter Costello has criticised the second Scott Morrison budget. MR IAN VERRENDER, business commentator on the ABC News website. While Australia is one of the best-performing developed global economies, soaring house prices, coupled with low wage growth, has also made it a world-beater in household debt.

Author: 0 Global ransomware attack appears to slow in US

If you haven't heard or read about the issue, you can find your favorite source here or read Microsoft's take on the issue here. "If [the NSA] had privately disclosed the flaw used to attack hospitals when they found it, not when they lost it, this may not have happened".

Money Nine protesters injured in Washington outside Turkish Embassy
Author: 0 Nine protesters injured in Washington outside Turkish Embassy

President Donald Trump at the White House. "There could be a diplomatic immunity issue, but that won't prevent us form doing what we need to do here at the Metropolitan Police Department", Newsham said. The violence coincided with Turkish President's official visit to Washington and broke out as Erdogan entered the residence on Tuesday afternoon. The decision to arm them came last week, amid preparation for an offensive to retake what is effectively the capital of ISIS, the city of Raqqa in ...

Money EU offers 'fairness' to Britain in Brexit talks
Author: 0 EU offers 'fairness' to Britain in Brexit talks

Tusk repeated that Britain's post-Brexit relationship with the EU will be inferior to membership, saying any trade deal will exclude participation in the European single market. "I certainly don't intend to have no agreement, no deal or a bad deal". Relations between Brussels and London have been strained further by leaks about a hard dinner in Downing Street attended by Mr Juncker, which reportedly ended with him saying he was "10 times more sceptical" of the likelihood of a successful ...

Money Lloyds new era begins as government sells off final shares
Author: 0 Lloyds new era begins as government sells off final shares

The company has market cap of $654.53 billion. The 1-year High price of the stock is $4.21, while the 1-year low price is $2.35. The stock remained 0.78 % volatile for the week and 0.95 % for the month.The relative strength index of the stock stands 58.34.

Author: 0 Israel was source for some of information shared with the Russians

He discussed measures the United States has taken to suppress the threat, including military operations in Syria. Normally, when the USA government wants to share intelligence with Russian Federation, there is an elaborate vetting process, current and former officials told NBC News.

Author: 0 Bank warns households face Brexit squeeze as inflation rises

The stronger global outlook and the level of sterling are providing incentives for many exporters to renew and increase capacity.Sterling appreciated by 2.5% between the February and May Inflation Reports, although it remained 16% below its November 2015 peak.

Author: 0 Merkel's Conservatives Win German State Election

The Social Democrats conceded defeat in yesterday's vote in North Rhine-Westphalia. Germany's Social Democrat chief Martin Schulz admitted today that his party faces a "rocky road" to September national elections, after it was soundly beaten in a key state by Chancellor Angela Merkel's party.

Author: 0 Trump threatens to cancel press briefings, unhappy with Comey coverage

Trump told Holt that Comey requested the dinner and asked the President to keep him in his post as Federal Bureau of Investigation director. Into the mix came Trump, an attention-grabbing leader who, in addition to professing frustration with "this Russian Federation thing", apparently loathed sharing the spotlight with Comey.

Money North Korea claims new missile can carry
Author: 0 North Korea claims new missile can carry "large" nuke

Leader Kim Jong-un personally oversaw the test on Sunday , the official Korea Central News Agency (KCNA) said , and pictures by state media showed him gazing at the missile in a hangar before the launch. The latest test looked likely to limit the room for manoeuvre of new South Korean President Moon Jae In in following up any hopes of dialogue with Pyongyang, South Korea's Yonhap news agency said yesterday, quoting experts.

Money North Korea detains another American
Author: 0 North Korea detains another American

Kim Hak-song is believed to be the fourth USA citizen now detained in North Korea. Former U.S. -Korean professor Kim Sang-duk was arrested by at the Pyongyang International Airport on April 21 following a month in North Korea working on humanitarian activities.

Money Positive cues drive Sensex, Nifty to highs
Author: 0 Positive cues drive Sensex, Nifty to highs

The BSE Sensex, which opened at 30,616.53 points, traded at 30,674.35 points (at 2.00 p.m.) - up 91.75 points or 0.30 per cent, from its previous close at 30,582.60 points. In the Eurozone, frankfurt's DAX slid 0.80 per cent while the Paris CAC 40 lost 0.6 per cent in early deals. On the other hand, Adani Ports and Special Economic Zone (1.45%), Housing Development Finance Corporation (0.94%), GAIL (India) (0.93%), Infosys (0.81%), Wipro (0.78%), and Sun Pharmaceutical Industries (0.61%) ...

Money McCain compares Trump crises to Watergate
Author: 0 McCain compares Trump crises to Watergate

Hours after the New York Times reported-and multiple news outlets confirmed-that President Donald Trump had asked former FBI Director James Comey to drop the bureau's investigation into Michael Flynn , Sen. "Can we have a crisis-free day?" asked Senator Susan Collins, another Republican Senator. Several other Republican lawmakers also expressed concerns over the developments inside the White House.

Money Italy faces European Union legal action over alleged Fiat Chrysler emissions cheating
Author: 0 Italy faces European Union legal action over alleged Fiat Chrysler emissions cheating

The Commission may eventually decide to take the country to court if it is not satisfied with the answer. The move comes after months of talks meant to clarify the steps Italian authorities had taken. Neither Fiat nor the Italian government has commented on the issue. "Contrary to what your offices have stated, the Italian authorities have from the start ruled out the presence of any illegal devices in Fiat's models, both the original ones and those that have been refitted", Delrio said.

Author: 0 Oil on longest rising streak in more than a month

Kazakhstan's Energy Minister Kanat Bozumbayev responded to the announcement by saying that his country "should follow the trend", according to Russia's RIA Novosti agency. OPEC and some non-OPEC producers agreed in December to cut output by 1.8 million barrels per day for six months to help stabilize oil prices. However, the report warned even if supply cuts are extended at OPEC's May 25 meeting, "much work remains to be done in the second half of 2017" in order to drain stocks closer to ...

Money South Sudan says divisive army chief of staff removed
Author: 0 South Sudan says divisive army chief of staff removed

He also has been accused of recruiting an ethnic militia of roughly 7,500 troops called Mathang Anyoor before South Sudan's civil war began in late 2013 and is said to still be in command. South Sudan's civil war has killed tens of thousands and created the world's fastest-growing refugee crisis, with no end to the conflict in sight. In February, the military's logistics chief Thomas Cirillo Swaka resigned, citing rampant human rights abuses by Kiir's armed forces and the dominance of the ...

Money Stratasys, Ltd. (SSYS) Updates FY17 Earnings Guidance
Author: 0 Stratasys, Ltd. (SSYS) Updates FY17 Earnings Guidance

The company issued revenue guidance of $645-680 million, compared to the consensus revenue estimate of $669.57 million. ( NASDAQ:SSYS ) opened at 29.93 on Tuesday. There are 4 sell ratings, 6 hold ratings, 5 buy ratings on the stock. The company has a consensus rating of " Hold " and an average price target of $22.56.

Money SSE speaks out over Tory price cap plans
Author: 0 SSE speaks out over Tory price cap plans

Although SSE said it plans to stick to its RPI inflation-linked dividend policy moving forward, its adjusted dividend cover for the recently-ended financial year of of 1.38 times is at the very top of its 1.2x to 1.4x range. The proposed cap, which would be set by Ofgem, would affect energy customers with a standard tariff, who typically pay the most expensive energy bills.

Money Check SBI PO results 2017 at www
Author: 0 Check SBI PO results 2017 at www

According to various media reports, the results have been declared a day prior to the official announcement date. It is well knownthat SBI PO results would be based on minimum marks that a candidate must score inorder to qualify for the next stage.

Money Killer chef inquest findings on Friday
Author: 0 Killer chef inquest findings on Friday

Prasetyo is described in reports as a sex worker from Indonesia who married Volke in Copenhagen in 2013 to get an Australian visa. He wanted to pay off $9,000 in credit card debts, the court heard. Inside the flat, he reportedly slit his throat before jumping his balcony fence and fleeing. Police later discovered him dead in an industrial dumpster.

Money Paytm appoints Renu Satti as upcoming Payments Bank CEO
Author: 0 Paytm appoints Renu Satti as upcoming Payments Bank CEO

However, in a crucial change, former Reserve Bank of India (RBI) executive and PwC consultant Shinjini Kumar who was chosen for the role of the payments bank chief executive officer (CEO), has stepped down and is in exit mode, while Renu Satti vice-president, business will take over.

Author: 0 Amazon 'probably copied us' on Echo Show, startup CEO says

The device will potentially play a significant role in Amazon's dominance of the smart speaker market this year, with the company expected to account for over 70% of all smart speakers in the United States in 2017. The Internet's powerhouse retailer has been leaning on its vocal digital assistant to spread the company's AI system everywhere, certainly beyond the original Echo speaker, into phones, appliances and other products.

Author: 0 UN Security Council for imposing sanctions on North Korea's missile test

The adoption of the statement comes on the eve of an emergency, closed-door meeting of the Security Council scheduled for Tuesday. Experts said Sunday's successful missile launch signals major advances in developing an intercontinental ballistic missile, such as mastery of re-entry technology and better engine performance.

Author: 0 Ransomware Attacks 2017: 4 Things to Know About the WannaCry Cyber Attacks

Microsoft has responded to the news that the "ransomware" virus dubbed WannaCry locked up more than 200,000 computers around the world. The recent global cyber attack has affected more than 200,000 people - so should you be anxious about your own online security? "An equivalent scenario with conventional weapons would be the USA military having some of its Tomahawk missiles stolen", attorney Brad Smith wrote on Microsoft's blog.

Money Abbott Laboratories indicated as Neutral By Goldman Sachs
Author: 0 Abbott Laboratories indicated as Neutral By Goldman Sachs

West Oak Capital LLC's holdings in Abbott Laboratories were worth $1,804,000 at the end of the most recent reporting period. Several institutional investors have recently added to or reduced their stakes in the stock. Past 5 years growth of Abbott Laboratories (NYSE:ABT) observed at -12.3%, looking forward for the next 5 years it has a strong prediction of 11.22% over growth.

Author: 0 USA inches towards $100bn Saudi weapons deal

National Security Adviser HR McMaster laid out a detailed itinerary for the "historic trip", due to start late this week, and confirmed that Trump would address a gathering of Muslim leaders on his "hopes for a peaceful vision of Islam". Trump has been a staunch opponent of the Iran nuclear deal as it was negotiated under his predecessor, President Barack Obama, despite the Republican Party's opposition.

Money Violence Breaks Out During Protest At Turkish Embassy In Washington, D.C.
Author: 0 Violence Breaks Out During Protest At Turkish Embassy In Washington, D.C.

It seems unlikely that President Trump would change his mind on the issue after a face-to-face meeting, considering the decision to arm the Kurds was calculated over many months. Trump and Erdogan both emphasized the positive. Turkey is a North Atlantic Treaty Organisation ally and key member of the coalition fighting ISIS in Syria.

Author: 0 Bank of England downgrades United Kingdom growth forecast

The Bank of England has put record low interest rates of 0.25 per cent on hold again as its Monetary Policy Committee (MPC) slightly cut the nation's growth forecast for 2017. But earlier yesterday, Britain's Office for National Statistics said first-quarter growth in industrial production was weaker than estimated. "Monetary policy could need to be tightened by a somewhat greater extent over the forecast period than the very gently rising path implied by the market yield curve underlying ...

Money North Korea possibly behind global WannaCry attack [cybersecurity experts]
Author: 0 North Korea possibly behind global WannaCry attack [cybersecurity experts]

The United States would consider talks with North Korea if it halts all nuclear and ballistic missile tests, Washington's envoy to the United Nations said Tuesday as the UN Security Council weighed new sanctions on Pyongyang. No draft resolution has been circulated to the 15 council members, but the United States is in talks with China on a possible new sanctions resolution that would ratchet up the pressure on Pyongyang.

Money US will talk to North Korea if nuclear tests stop
Author: 0 US will talk to North Korea if nuclear tests stop

Han Min-koo told South Korea's parliament the test-launch had been detected by the controversial American THAAD anti-missile system, whose deployment in the South has infuriated China. The U.S. ambassador said Russian Federation has the same decision to make as the rest of the global community: "You either support North Korea or you don't, but you have to choose".

Money North Korea poses threat to China, Russia: US admiral
Author: 0 North Korea poses threat to China, Russia: US admiral

North Korea on Sunday launched what appeared to be its longest-range ballistic missile yet, claiming it was capable of carrying a "heavy nuclear warhead" in a test aimed at bringing the U.S. China has strongly opposed THAAD, saying it can spy into its territory, and South Korean companies have been hit in China by a nationalist backlash over the deployment.

Money BHP studying shale gas sale as hedge fund Elliott demands review
Author: 0 BHP studying shale gas sale as hedge fund Elliott demands review

Perhaps the greatest effort by Elliott Management has been wanting for BHP to spin off or unload its USA oil and gas assets and to increase its returns to shareholders. Chief executive of the Australian mining giant, Andrew Mackenzie, said the miner was in progress on its ambitious plans to achieve this as outlined last year.Mackenzie said since that time, BHP had made consistent progress and was confident that continued delivery of these plans could grow the value of the company by up to 50 ...

Author: 0 Trump asked Comey to drop Flynn investigation

The classified information had been shared with the president by an ally, violating the confidentiality of an intelligence-sharing agreement with that country, the official said . After Putin received Tillerson in Moscow last month - meeting privately with the secretary of state for two hours at the Kremlin - the United States owed reciprocity to Russia in the form of an audience with Trump for Tillerson's Russian counterpart, Lavrov.

Author: 0 White House insists Trump's disclosures 'wholly appropriate'

According to those reports, the information had been shared with the US intelligence community by an ally on the basis that it was not shared with others. "My major concern right now is that I don't know what the president said", Burr said. "I hope you can let this go", the president told James Comey, according to a memo that the former Federal Bureau of Investigation chief wrote immediately after Mr Trump allegedly made the request in February.

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