Thursday, 17 August 2017
Latest news
Home » Finance

Finance

The most entertaining moments from the Election Debate

Home Secretary Amber Rudd's attempted defence of the Conservative Party general election manifesto was mocked by a BBC audience on Wednesday evening (31 May). Mr Corbyn insisted he was "doing no deals, no coalitions" and was "fighting to win this election". "We can't be sure Theresa May is going to achieve her political objective of a landslide majority", he said. Read More »

Japan launches GPS-system satellite

perth_map

So working with Mitsubishi Heavy Industries , JAXA (the Japanese equivalent of NASA) launched a rocket carrying the " Michibiki No.2" satellite (michibiki meaning " guidance "). "The launch was a success", a Cabinet Office spokeswoman said. It works very well most of the time, but Japan just felt it wasn't enough. The Japanese government also plans to use these satellites to establish a network to improve communication efficiency when traditional networks stop functioning due to natural ... Read More »

Doubts raised over BA's power problem claims

Yet the airline confirmed a "significant number of customers" were still to receive their luggage after the disruption. What is known is that recently appointed Chief Executive - the Spanish born Alex Cruz - has simply apologised to customers for the problem and thanked them for their patience saying "I know this has been a awful time for customers". Read More »

Jeremy Corbyn says Tories planning five more years of austerity

Mr Corbyn said: "I will be taking part in tonight's debate because I believe we must give people the chance to hear and engage with the leaders of the main parties before they vote". "Come and have a debate". People on Twitter were left feeling very confused, since the colours represent the value of the money and not what can be bought with it, though some expressed their keenness to make the most of her misunderstanding of the classic board game and challenged her to a game. Read More »

As House budget advances, pay differences with Senate emerge

perth_map

Sen. Jeff Flake, R-Ariz., said this week he has a "hard time believing" the Senate will vote on healthcare legislation by August, The Washington Post reported . Sens. Chuck Grassley and Joni Ernst, both active players in the health care debate, admitted that completely repealing and replacing the Affordable Care Act doesn't look like it's going to be in the cards. Read More »

British Airways Chaos Nears End

British Airways said its IT systems are back up and a full flight schedule is planned Tuesday at London's airports, where thousands of passengers were stranded because of the breakdown. The Sun newspaper, quoting one source close to the airline said the problems could have been limited had IT staff outsourced to India known how to get its back-up system online quickly. Read More »

Naach Meri Jaan: Salman, Sohail's 'Bhaihood' is highlight of new Tubelight song

perth_map

Salman Khan shared the song when he wrote, " #NaachMeriJaan Laxman aur Bharat ke saath Celebrate Bhaihood ", while director Kabir Khan wrote, "The Bisht brothers are bringing out their Bhaihood in #NaachMeriJaan". The 2.43-minute song, which is a tribute to " bhaihood ", sees the real life brothers ace the bromance game with elan. Tubelight's first song, called Radio Song, was released before the film's trailer and has been garnering applause ever since. Read More »

State of Origin 2017: Here comes Game 1

perth_map

Jason O'Brien via Getty Images BRISBANE, AUSTRALIA: BRISBANE, AUSTRALIA: BRISBANE, AUSTRALIA: Jarryd Hayne of the Blues scores a try during game one of the State Of Origin series between the Queensland Maroons and the New South Wales Blues at Suncorp Stadium on May 31, 2017 in Brisbane, Australia. Read More »

Trade tops agenda as Trump hosts Vietnamese leader

President Donald Trump announced a series of business deals between USA companies and Vietnam shortly after meeting Wednesday with the country's prime minister, Nguyen Xuan Phuc . But "It is up to Congress" - that is, not Trump's White House - "to make sure that message is sent". More publicly, the US State Department bestowed its "International Women of Courage Award" in March to imprisoned Vietnamese activist Nguyen Ngoc Nhu Quynh , a popular dissident blogger and environmental ... Read More »

Maruti Suzuki's May sales up 11 per cent

perth_map

According to the company, its total sales during the month under review rose to 136,962 units from 123,034 units sold during the corresponding month of 2016. The compact segment of Swift , Celerio, Ignis , Baleno and Dzire grew 10.1% to 51,234 last month from 46,554. Maruti's domestic sales edged higher by 15.5 per cent to 130,676 units from 113,162 units. Read More »

Former Panamanian dictator Manuel Noriega dies

perth_map

Manuel Noriega had become a problem. Pictured right is Miss Colombia, Maria Monic. "It's wrong what people say - that you can buy him", said Ambler Moss, the former United States ambassador to Panama. He also allowed Panama to be a key conduit for cocaine smuggling to the U.S. But then there became mounting opposition at home against him. She says "that's sad because there can be no reconciliation nor peace if the truth of things is not known". Read More »

The Sage Group plc (SGE) Given "Sell" Rating at Canaccord Genuity

The SI to Incorporated Research Holdings Class A's float is 6.8%. The stock decreased 0.15% or GBX 6.65 on May 26, reaching GBX 4339.35. 0 shares were traded during the session. It has underperformed by 33.33% the S&P500.King Street Capital Management L.P. holds 11.23% of its portfolio in Williams Companies Inc for 1.50 million shares. Read More »

Oil dips on rising United States crude inventories, defies expected supply cut extension

perth_map

OPEC is increasingly expected to extend the current deal to cut production at its meeting next week amid growing support for a deal extension from OPEC nations such as Kuwait , Iraq, Oman and Venezuela. Riyadh and Moscow say they should be extended until March. Most members support a proposal by Saudi Arabia and Russian Federation to extend supply cuts for nine months, Algerian Minister of Energy Noureddine Boutarfa said on Thursday. Read More »

New survey predicts huge Tory losses and hung Parliament

The pound fell sharply after a projection suggested the Conservative Party could fail to win an outright majority in the election on 8 June. The prime minister called the snap election in a bid to strengthen her hand in Brexit negotiations , to win more time to deal with the impact of the divorce and to strengthen her grip on the Conservative Party. Read More »

Three ways Trump's withdrawal from Paris climate accord would be a mistake

perth_map

The president has also been known to change his mind on major decisions at the last minute. Trump tweeted that he would announce his decision Thursday at 3 p.m.in the White House Rose Garden. In 2018, and every five years thereafter, countries will take stock of the overall impact of their efforts to rein in global warming, according to the text. Read More »

China vows to stick to Paris climate deal

perth_map

Exiting the deal would fulfil a central campaign pledge from the president, but would be certain to anger allies that spent years negotiating the accord to reduce carbon emissions. The companies said it would reduce competitive imbalances for US companies, expand the market for innovative clean technology and reduce business risks posed by future negative climate impacts. Read More »

UK's Labour Party Invigorated By New Polls Days From Election

In stark contrast to opinion polls that have until the past week shown May on course for a big election win, a YouGov model suggested she would lose 20 seats and her 17-seat working majority in the 650-seat British Parliament. Despite saying she wouldn't, May called for a snap election to shore up more support. Corbyn on Wednesday did not rule out forming a coalition or doing a deal with the Scottish Nationalists and others to get into government in the event of a hung parliament. Read More »

Next Weeks Broker Price Targets For Avon Products, Inc. (NYSE:AVP)

The firm owned 108,222 shares of the company's stock after buying an additional 28,388 shares during the period. Howe And Rusling reported 0% of its portfolio in Avon Products, Inc. (NYSE: AVP)'s revenue estimates for the current quarter are $1.43B meanwhile the company has high revenue estimates of $1.44B in contradiction of low revenue estimates of $1.42B. Read More »

Ariana Grande announces benefit concert in honour of the victims

perth_map

Meanwhile in Britain , British police said they had arrested a seventh person following searches at an address in Nuneaton , central England. Britain's terror threat level continues to be " critical ", meaning authorities believe another attack could be imminent, and additional soldiers and armed police officers have been deployed at key sites in London and other cities. Read More »

Trump to Pull Out of Paris Climate Deal

perth_map

A White House official confirms the president is expected to withdraw from the accord, the Associated Press reports . At a summit meeting of the G7 group of leading economies over the weekend, Mr Trump refused to join the other six leaders in pledging to implement the Paris accord and said he would announce the U.S. Read More »

Vereit Inc (NYSE:VER) & BlackBerry Ltd (NASDAQ:BBRY) Stocks Buzz

perth_map

Guardian Capital LP purchased a new position in shares of BlackBerry during the fourth quarter worth about $100,000. Iridian Asset Management LLC CT boosted its position in shares of BlackBerry by 25.8% in the first quarter. The company's net profit margin stands at N/A whereas its return on equity (ROE) is 447.80%. The company's revenue was down 39.0% on a year-over-year basis. Read More »

Moody's cuts ratings of 26 Chinese state firms

Moody's lowered its sovereign rating for China from "Aa3" to "A1" and changed the outlook from negative to stable today. The credit rating agency warned that the financial strength of the world's second-biggest economy is likely to deteriorate in the coming years as growth slows and national debt continues climbing. Read More »

Netflix CEO Pushing Creative Team to 'Take More Risks'

Instead, the Netflix founder offered a clue about how the company deems its programs failures. During an appearance on CNBC , Hastings was asked about some of the company's notably expensive investments-a reported $120 million on the first season of The Get Down; a reported $90 million on the first season of Marco Polo , among others-and the methodology behind them, since Netflix famously does not disclose its viewership data to the public. Read More »

President Donald Trump to announce decision on Paris climate pact Thursday

But Cohn, Trump's chief White House economic adviser, told reporters during the trip overseas that the president's views on climate change were "evolving" following the discussions with European leaders. "Climate change is causing real harm to communities around NY and across the country". He is set to meet Wednesday with Secretary of State Rex Tillerson , who supports remaining in the deal. Read More »

Trump planning to pull US out of Paris climate deal

perth_map

The Accord was an agreement among members of the United Nations to curb carbon emissions in an effort to combat climate change. " Withdrawing from the Paris agreement would be a global embarrassment and a gross abdication of American leadership". Read More »

Indian finance minister plays down demonetisation growth hit

perth_map

Three years ago, there was slowdown in policy reform and structural changes in India. I do believe, that in the current global situation, a 7 to 8% growth which is at the moment an Indian normal, is a reasonable growth. "We have been able to restore the credibility of the economy". Referring to the challenges, he said the major ones include resolving the issue of bad loans in the banking sector and encouraging private sector investment. Read More »

Collision During 6th America's Cup Race

perth_map

Underdogs Groupama Team France won their first race of the America's Cup contest in Bermuda on Sunday, beating Sweden's Artemis Racing in a thrilling duel at speeds of up to 40 knots. "We couldn't buy a shift on the upwinds, we just kept fighting our way back into it to try and give ourselves a chance at that bottom mark". But on Sunday, it was Ainslie's Land Rover BAR who seemed to struggle at times with controlling their boat. Read More »

Array Biopharma Inc (ARRY) Shares Bought by Spark Investment Management LLC

The TJX Companies, Inc. It has underperformed by 6.99% the S&P500. Netlist, Inc. designs, manufactures and sells a range of memory subsystems for datacenter, data storage and computing markets. First Mercantile Trust Com has 0.01% invested in Array Biopharma Inc (NASDAQ:ARRY). In other news, Director Charles M. Baum sold 25,000 shares of the stock in a transaction on Tuesday, March 28th. Read More »

Azerbaijan says OPEC deal extension meets its interests

Oil prices fell on Thursday as OPEC ministers met to decide how long to extend oil production cuts in an attempt to drain a global glut that has depressed markets for nearly three years. Non-OPEC countries led by Russian Federation chipped in with another 600,000-barrel reduction. This has slowed the market's rebalancing with global crude stocks still near record highs. Read More »