Saturday, 16 December 2017
Latest news
Home » Finance

Finance

Hamilton fastest in Monaco GP 1st practice

perth_map

An F1 rarity sent ripples through the F1 paddock: meticulous Mercedes got its set-up all wrong when switching to the quicker ultra-soft tires during the afternoon session. It's a significant deficit when teams are scrapping for minimal gains. "We made some changes between practice one and practice two but we clearly went in the wrong direction - that's why both of us were struggling", said Bottas. Read More »

Defying Trump, Iranian President Vows to Continue Missile Tests

It was still exporting oil and importing products from countries such as Japan and China. The vote served as a referendum on Iran's 2015 nuclear deal with world powers, as well as a vote of confidence that his government will be able to help the country's sputtering economy. Read More »

Oil Reacts To Saudis, Russia's Comments On Extending Output Deal To 2018

Oil prices began the week on a positive note, as Saudi Arabia and Russian Federation, the world's largest producers, agreed to extend the historic OPEC deal till March 2018. Meanwhile Crude oil production in Nigeria rose by 274,000 barrels per day in April, the Organisation of Petroleum Exporting Countries , OPEC, said last week Thursday. Read More »

Army foils attack by Pak's BAT, two militants killed

perth_map

The incident took place on May 26 when Pakistan's guerrilla tactics group, BAT opened an attack on a group of Indian Army patrolling along the LoC in the Uri sector. Responding to a question about the recently held Summit in Riyadh, the spokesperson said Pakistan remains committed to the unity of Islamic countries and will continue to make efforts in this regard. Read More »

G7 Finance Ministers Meet In Italy

perth_map

Mnuchin's practice of "speed-dating" (in his own words) other nations' finance ministers also suggests a rising degree of protectionism, pragmatism, and bilateralism in everything USA-related from this point on, which is a huge leap away from the idealistic global unanimity on every single challenge the world economy is facing. Read More »

Moodys says another China downgrade possible

China may no longer get an A1 rating if there are signs that debt is growing at a pace that exceeds Moody's expectations, Li Xiujun, vice president of credit strategy and standards at the ratings agency, said in the same webcast. China's Finance Ministry said the downgrade, Moody's first for the country since 1989, overestimated the risks to the economy and was based on "inappropriate methodology". Read More »

Republican Gianforte Wins Montana House Seat, Apologizes After Assault Charge

perth_map

Gianforte is opposed by Democrat Quist, a songwriter and musician, and Wicks, a farmer from Inverness. Montana voters are heading to the polls Thursday, Ma. The statement reads , "Tonight, as Greg was giving a separate interview in a private office, The Guardian's Ben Jacobs entered the office without permission, aggressively shoved a recorder in Greg's face, and began asking badgering questions". Read More »

Comprehensive Stock Analysis Of Wells Fargo & Company

perth_map

It dived, as 112 investors sold WFC shares while 836 reduced holdings. 127 funds opened positions while 440 raised stakes. Several other institutional investors have also bought and sold shares of the company. The insider SARGENT RONALD bought 9,050 shares worth $499,108. About 12,800 shares traded. Invesco Ltd invested in 16.20M shares. Finally, Teachers Advisors LLC raised its stake in shares of Wells Fargo & Co by 1.2% in the fourth quarter. Read More »

GST Council finalises rates for services

Services of five star hotels, race clubs and cinema as well as betting and gambling, regarded as "sin services" will attract 28 per cent slab. "COAI had submitted to the government that consideration be given to the sector's present financial condition and that any GST rate beyond the existing 15 per cent ( service tax ) would make telecom services more expensive for the consumer", he added. Read More »

Bellway plc's (BWY) "Hold" Rating Reiterated at Deutsche Bank AG

Peel Hunt reissued their hold rating on shares of BTG plc (LON:BTG) in a research note released on Tuesday. Canaccord Genuity maintained Glencore PLC (LON:GLEN) rating on Monday, March 7. Among 9 analysts covering Catalent ( NYSE:CTLT ), 5 have Buy rating, 0 Sell and 4 Hold. Catalent had 15 analyst reports since September 3, 2015 according to SRatingsIntel. Read More »

Iran imposes sanctions on nine USA firms, individuals

perth_map

The new sanctions concern "Iranian defense officials, an Iranian entity, and a China-based network that supplied missile-applicable items to a key Iranian defense entity'" as announced by the US Treasury Department . Although oil sales have rebounded since the deal came into effect in January 2016, Iran's continued exclusion from the worldwide banking system has prevented it from signing much-needed trade and investment deals with Europe and Asia. Read More »

Manchester Bombing: Trump Calls Alleged Intel Leaks 'Deeply Troubling'

Britain's official terror threat level was raised to "critical" , the highest level, late on Tuesday, meaning an attack was expected imminently. The BBC reported earlier on Thursday that British police stopped sharing information about the suicide bombing in Manchester with USA authorities after leaks of details of the investigation angered the government. Read More »

China Downgraded by Moody's As Debt Increases

China's debt-to-GDP ratio is more than 250 per cent, one of the highest in the world, "reflecting attempts by Beijing to continue pump-priming its economy and maintain growth and job creation as millions move from the countryside to make their fortunes in the cities", says Sky News . Read More »

GOP House hopeful keeps low profile after assault charge

On Wednesday, Greg Gianforte , the Republican candidate for a House seat in a special election Thursday, was charged in Montana with misdemeanor assault for allegedly grabbing Guardian reporter Ben Jacobs by the neck and slamming him to the ground after Jacobs asked him about the GOP health care bill. Read More »

Trump handshake showdown with France's Macron

Trump denied he supported National Front's Le Pen in France's election. And, if you watch the handshake with Macron, it's clear that Trump - on at least one and maybe two occasions - tries to pull away and Macron just keeps holding on. Read More »

Cleveland Cavaliers beat Boston Celtics to advance to NBA Finals

The Celtics would go on to win the following game 111-108, before falling to the Cavs in Game 4 again. "I wear the number [23] because of Mike". Love continued to knock down shots from the outside, Irving sliced his way into the lane to the rim and James got free for several of his one-handed, tomahawk dunks. Read More »

Trump's Budget Hurts Women More Than Men, And No One Is Surprised

South Carolina, with a 16.6 percent poverty rate, is heavily dependent on safety-net programs. Brooke Singman is a Reporter for Fox News. -The Poor, Part III: Trump's budget would cut funding for the Temporary Assistance for Needy Families (TANF) program by $22 billion over the next decade. Read More »

USA urges Rouhani to end ballistic missile tests

In his first official visit overseas since he took office, Trump visited Saudi Arabia, which is now suspending diplomatic ties with Iran, and concluded a ¥12-trillion arms deal between the United States and Saudi Arabia. In a telephone call, Rouhani told France's new president Emmanuel Macron he was hopeful that Europe would not mimic Trump's stance against the Islamic Republic. Read More »

PM Narendra Modi inaugurates India's longest river bridge Dhola-Sadiya in Assam

perth_map

With the Dhola-Sadiya bridge ensuring 24X7 connectivity between upper Assam and Eastern part of Arunachal Pradesh , it will reduce the distance from Rupai on NH- 37 in Assam to Meka/Roing on NH-52 in Arunachal Pradesh by 165 KM. Chief Minister Sonowal received the prime minister at the Mohanbari Airport in Dibrugarh from where he proceeded to the Dhola-Sadiya Bridge for the inauguration ceremony. Read More »

OPEC agrees to extend oil production cuts

Energy research firm Wood Mackenzie said Thursday that OPEC's decision to extend production cuts through March 2018 hasn't had any effect on its outlook for oil prices this year. In any event Opec and the other countries involved have a problem with the American shale oil industry. OPEC has a self-imposed goal of bringing stocks down from a record high of 3 billion barrels to their five-year average of 2.7 billion. Read More »

Himes: Gianforte Shouldn't Have 'Privilege of Serving' in Congress

perth_map

Leading Republicans criticised Greg Gianforte on Thursday, the morning after the Republican candidate in Montana's special congressional election was given a court date and citation for allegedly assaulting a reporter. Fox News Channel reporter Alicia Acuna, who said she and her crew were in the room preparing to interview Gianforte , wrote that she saw the candidate as he "grabbed Jacobs by the neck with both hands and slammed him to the ground". Read More »

Chinese Stocks Drop to Seven-Month Low After Moody's Downgrade

Hong Kong on Thursday criticized a decision by Moody's to cut the city's credit rating, just hours after China's credit rating was downgraded over concerns of ballooning debt and slowing economic growth. Moody's also changed its outlook on China from "stable" to "negative". "The Chinese infrastructure programme was what helped push metals prices higher in the first quarter of this year and the last quarter of last year - there is an expectation that this has run out of steam", he said. Read More »

OPEC and other nations extend output cuts

Non-Opec oil producers led by Russian Federation agreed yesterday to join Opec (Organisation of Petroleum Exporting Countries) in extending production cuts for nine months until March 2018, delegates said. Nigeria and Libya will remain exempt from making cuts and Iran, which was allowed to increase production under the original accord, retains the same output target, he said after the meeting. Read More »

Appeals Court Won't Reinstate Trump's Refugee Order

perth_map

The judges did overturn one small part of the injunction - namely, the bit where it specifically applied to one Donald Trump . The 4th U.S. Circuit Court of Appeals ruled 10-3 Thursday against Trump's travel ban. Many say it has had an impact on the image of the United States with worldwide students (or potential students) all over the world, not just in those countries covered by the ban. Read More »

Police 'stop sharing Manchester bomb intelligence' after series of leaks

perth_map

British police say the leaks are undermining their inquiry into a network linked to the alleged suicide bomber - Salman Abedi . Authorities believe he had help in building the bomb, which photographs published by the New York Times showed was sophisticated and powerful, and that his accomplices could be ready to strike again. Read More »

OPEC aims to extend supply curbs as oil glut persists

With over a dozen other countries expected to join the cartel's efforts, the agreement is likely to cut off about 2% of the world's oil supply through March 2018, extending a decision the OPEC-led coalition reached past year. Oil fell below $50 after OPEC stuck to the most predictable outcome at a meeting in Vienna . With prices above $50 from lows of past year, they are increasingly moving back into the market. Read More »

Trakm8 Holdings PLC (TRAK) Receives "Corporate" Rating from FinnCap

The rating was maintained by Beaufort Securities on Friday, January 22 with "Speculative Buy". On Thursday, March 16th, Nick Macpherson acquired 2,300 shares of British Land Company PLC stock. The stock of Atalaya Mining PLC (LON:ATYM) earned "Buy" rating by Canaccord Genuity on Thursday, April 20. The rating was maintained by Telsey Advisory Group with "Outperform" on Friday, August 5. Read More »

India better equipped for Champions Trophy now than last time: Kohli

Kohli described wicketkeeper-batsman Dhoni and veteran batsman Yuvraj Singh as "the two pillars" of the current Indian side. Ruthlessness is something we speak all the time to close series off. "But in the Champions Trophy, you have to be on the top of your game from game one". A dismal IPL 2017 for Royal Challengers Bangalore immediately after the high of a Test season that saw India reach the top of the ICC rankings has helped Virat Kohli grow as a player. Read More »