Wednesday, 17 July 2019
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US Fed poised to hike despite weak inflation


Economists polled by Reuters overwhelmingly see the USA central bank hiking its benchmark rate to a target range of 1.00 to 1.25 percent this week, though expectations for further rate increases are fading. The New Zealand dollar slipped 0.2 per cent to $0.7206 after touching a low of $0.7200, moving away from the previous session's almost four-month high of $0.7228. Read More »

Diplomatic Victory for China as Panama Ditches Taiwan


Panama's move drops to 20 the number of countries formally recognizing Taiwan, majority in Latin America and the Caribbean. The move by Panama this week was the clearest sign yet of China's drive to increase pressure on Taiwan's independence-leaning President Tsai Ing-wen. Read More »

Trimming monument in Utah pleases Republicans, angers tribes


I encourage the president to take this recommendation seriously, and I applaud the secretary for his balanced and responsible proposal. This suggests that Zinke envisions a number of discrete protected areas - somewhat like the relatively minuscule Hovenweep National Monument east of Bears Ears - rather than a single contiguous monument, as it is now. Read More »

Are Analysts Bullish about Lexington Realty Trust (NYSE:LXP) after last week?


UBS maintained Olin Corporation (NYSE:OLN) on Tuesday, November 3 with "Neutral" rating. The company was downgraded on Tuesday, July 19 by Jefferies. The firm has "Hold" rating by Evercore given on Monday, June 13. It is down 0.00% since June 12, 2016 and is. Its up 0.13, from 1.08 in 2016Q3. It turned negative, as 40 investors sold FRT shares while 119 reduced holdings. Read More »

Intercede Group plc (IGP) Stock Rating Reaffirmed by FinnCap

Deutsche Bank AG restated a hold rating and issued a GBX 315 ($4.05) price objective on shares of Zpg Plc in a research note on Wednesday, February 1st. Its up 0.09, from 1.03 in 2016Q3. It increased, as 1 investors sold RiceBran Technologies shares while 3 reduced holdings. 17 funds opened positions while 47 raised stakes. Read More »

Let centrist MPs on to front bench, Corbyn told

The Labour leader said Theresa May's premiership had no mandate or legitimacy at the first meeting of the parliamentary party since Thursday's election, and was praised by a succession of speakers for cutting the Tories' majority. Another MP said: "He has performed a minor miracle, we have to give him time". However, she said the atmosphere in the party has changed from "morbid before the election" to "verging on relief to jubilation", and added that " Jeremy Corbyn has to take the credit ... Read More »

How Donald Trump's Russian connection unfolded

CNN reported that Mr. Comey had told senators in a closed-door briefing that agents were investigating another possible meeting between Mr. Sessions and Mr. He did not say he was using executive privilege , but rather adhering to longstanding tradition of Justice Department leaders not revealing private conversations with the president. Read More »

University of Virginia frat settles lawsuit with Rolling Stone


The article they are referring to is the 2014 "A Rape on Campus" by Sabrina Rubin Erdely. The article drew widespread attention nearly instantly for its raw portrayal of fraternity culture run amok. After the article's retraction, U-Va. administrator Nicole Eramo filed a lawsuit claiming that she was erroneously portrayed as callous and indifferent to Jackie's rape allegations. Read More »

General Electric CEO Immelt to step down


The last few years of Immelt's leadership had begun rankling Wall Street investors eager for higher returns from the 125-year-old behemoth founded by Thomas Edison. Mr Immelt said: "John is the right person to lead GE today. He has broad experience across multiple businesses, cycles and geographies", Immelt said in the company statement . Read More »

Roaming Charges to be Scrapped in Europe


However, consumers are being warned to keep track of their tariffs to avoid unexpected costs. While the EU's regulation means you can get better value from your existing tariff when overseas, things might not be quite so rosy when you have eaten through your monthly allowance. Read More »

CHART: US crude oil inventories are still above historic norms

The Energy Information Administration reported on Wednesday that U.S. crude stockpiles climbed 3.3M barrels in the week ended June 2, following the preceding week's drop of 6.4M barrels. West Texas Intermediate , the US benchmark for the price of oil, was down in parallel to $47.71 per barrel. The U.S. oil and gas industry, outside of OPEC's agreement, has increased production as 24 other oil producing countries have cut back. Read More »

Glu Mobile Inc. (NASDAQ:GLUU), Delcath Systems, Inc. (NASDAQ:DCTH)

Delcath Systems has a 52 week low of $0.01 and a 52 week high of $6.49. Yet another important factor while evaluating a good buy/sell decision for Delcath Systems, Inc. Over the past week, the firm showed volatility of 54.11%. Beta can be useful to gauge stock price volatility in relation to the broader market. A large surprise factor in either direction typically can lead to a significant swing in the stock price in the hours and days after the report. Read More »

Uber CEO Travis Kalanick steps away for an indefinite leave of absence


Travis Kalanick has been the driving force behind Uber, taking a spur-of-moment idea and turning it into the world's most valuable venture-funded tech startup. The company has been searching for a No.2 executive for more than three months and is also looking for a chief financial officer. Holder recommended that Uber use performance reviews to hold senior managers accountable by setting metrics for improving diversity and responsiveness to employee complaints. Read More »

No longer out of bounds: Trump allies question Mueller probe


Additionally, Newsmax CEO and Trump confidant Chris Ruddy told PBS "NewsHour" Monday night that Trump was considering firing Mueller , which he said would be a "very significant mistake". He says he stepped aside because Justice Department rules prevent such a conflict of interest. A White House official that Ruddy was "speaking for himself and did not speak to the president". Read More »

Global Bluetooth Speakers Market Research Report 2017

The Oil and Gas Robotics Report focuses on the market in major continents, Like North America Oil and Gas Robotics Market, Oil and Gas Robotics market in Europe and Asia Oil and Gas Robotics market etc along with main countries like United States , Germany, Japan and China etc. Read More »

DUP head arrives for talks with UK leader May

A contrite May took responsibility for losing her party's majority; 'I've got us into the mess and I will get us out of it .' She also promised to help those who had lost their seats and said sorry a few times . Advocates of a " soft Brexit " scenario say Britain could retain access to the European single market like non-EU member Norway and allow certain levels of EU immigration. Read More »

Fired chancellor slams May for fallout of election disaster


Ouch... Mr S thinks May might be coming to regret her choice of words when she sacked Osborne. Former work and pensions secretary and one-time party leader Iain Duncan Smith also weighed in, telling the channel: "I don't think anything at all of what George Osborne says". Read More »

Senators condemn NK treatment of US student

The North Korean government told his parents that food poisoning was to blame. It's not clear if he was forced to speak by the North Koreans. While North Korea's move to free Warmbier could potentially provide an opening for talks on security issues, the prospects still appear bleak. Read More »

Sessions brands Russia collusion claims a 'detestable lie'


Sessions on Saturday said he would appear before the intelligence committee, which has been doing its own investigation into Russian contacts with the Trump campaign. Warner urged Jeff Sessions to turn over to the committee any documents and information about Justice Department procedures that Sessions could share, noting they could help "shed some light" on "some of the contradictions between today and last week". Read More »

House GOP Passes Bill Gutting Dodd-Frank

Hensarling has said the bill would end Dodd-Frank's "taxpayer-funded bailouts of large financial institutions; relieves banks that elect to be strongly capitalized from growth-strangling regulation that slows the economy and harms consumers; imposes tougher penalties on those who commit financial fraud; and demands greater accountability from Washington regulators". Read More »

Trump has 'no intention' of firing special counsel Mueller -White House

That was the upshot of Deputy Attorney General Rod Rosenstein's testimony before a Senate Appropriations subcommittee on Tuesday. After initially being praised by Republicans and Democrats for his integrity, Mueller has had his impartiality as special counsel questioned by some Trump supporters in recent days. Read More »

Asian stocks up as investors shrug off tech rout, eye Fed

The central bank is scheduled to release its decision at 1800 GMT on Wednesday with a news conference to follow from Chair Janet Yellen . Soft U.S. Investors fully expect a rate rise largely because Fed officials have told them to, so attention will rather be on the outlook for policy and particularly when the central bank might begin to wind down its massive portfolio of USA debt. Read More »

Alvaro Morata's Agent Says Manchester United Waiting on Real Madrid over Move


From Man Utd's perspective, this has been forced onto them to an extent, as Jose Mourinho will effectively be looking to replace Zlatan Ibrahimovic rather than continue to strengthen around the Swede next season. "I can confirm there had been regular contact until a few days ago [from Milan]". Space in the squad and on the wage bill needs to be created if Manchester United are to capture their summer targets, meaning the likes of Wayne Rooney and Ashley Young could be on their way out of ... Read More »

Oil prices fall even as OPEC extends output cut

Brent crude fell 76 cents, or 1.45 per cent, to $51.53 a barrel by 1:00 p.m. EDT, while US light crude was 46 cents, or 0.9 per cent lower at $49.34, Reuters said . He said the US would cease all implementation of non-binding elements of the agreement "as of today" and it would begin negotiations either to re-enter the Paris accord or to have a new agreement "on terms that are fair to the United States, its businesses, its workers, its people, its taxpayers". Read More »

Blumenthal: 'There Will Be a Firestorm' If Trump Fires Mueller

Sen. Susan Collins (R-Maine) followed up, asking Rosenstein whether he'd spoken to Trump about the appointment of Mueller or discussed Mueller with the president in any way. "If there were not good cause, it wouldn't matter to me what anybody says". The attorney general typically oversees the special counsel, but in this case Rosenstein is responsible for Mueller because Attorney General Jeff Sessions has recused himself from matters related to any Russian Federation investigation. Read More »

YouTube Star Austin Jones Arrested For Child Porn


He also shares original songs on his channel. According to reporter Jason Meisner of the Chicago Tribune , authorities said Jones had "sex videos from underage fans sent to him". The petition links to videos shared on Twitter, purportedly of an unwitting Austin , as the singer solicits videos from fans and instructs them how to dance by demonstrating the "twerk" move. Read More »

North Korea releases US citizen Otto Warmbier


The latter was sentenced to 10 years' hard labor after confessing at a government-arranged news conference in March 2016 . It was his last public appearance. Sullivan said, "The UVA family will continue to keep the Warmbiers in our thoughts and prayers as Otto returns to the United States and his home where he will receive the care and support of those who love him". Read More »

Vectura Group PLC's (VEC) Hold Rating Reiterated at N+1 Singer

The company also recently declared a dividend, which will be paid on Wednesday, August 16th. Investors may want to take a look at sell-side analyst revisions in the weeks and days leading up to the report. The company was downgraded on Tuesday, November 8 by Citigroup. Barclays Capital has "Equal Weight" rating and $125 target. (NYSE:DPZ). Susquehanna Grp Llp owns 10,227 shares or 0% of their United States portfolio. Read More »

7 takeaways from Jeff Sessions' testimony before the Senate

The former Federal Bureau of Investigation director said he contacted Sessions after a meeting with Trump in the Oval Office where Sessions and Jared Kushner, Trump's son-in-law and senior adviser, were asked to leave and Comey was alone with the president. Read More »

Trump friend says president 'considering' firing special counsel Mueller

High-profile supporters of President Donald Trump are turning on special counsel Robert Mueller , the man charged with investigating Russian interference in the USA election and possible collusion with Trump's campaign. Sessions recused himself from all matters having to do with the Trump-Russia investigation because of his own conversations with Russian officials during the Trump transition. Read More »

British inflation rate rises to 4-year high of 2.9 pct


The bank's Monetary Policy Committee forecast a 2.7% peak in inflation this year at its last meeting before the release, but today's number will not change the central bank's attitude to interest rates in the near term. Getting professional financial advice could help people protect themselves and their savings against the rising cost of living. Further falls in prices could compound their woes and fuel discontent that has triggered protests in the big agrarian states of Maharashtra and ... Read More »