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Will Privatizing Air Traffic Control Services Result In Modernization?

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The proposal is being dismissed as one of Trump's eccentric obsessions, though Al Gore supported a version in the 1990s. Trump made his remarks June 5 in a White House speech kicking off what has been described as "Infrastructure Week", a week when the president will propose numerous infrastructure programs. Read More »

The IEA Thinks the Oil Glut Problem Is Getting Worse

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Crude oil futures plunged Wednesday amid a prolonged global supply glut that may worsen despite OPEC's production limits. USA crude was down 21 cents at $44.52, after earlier touching a six-month low of $44.32 a barrel. OPEC's pledge was to cut some 1.2 million bpd, while other producers including Russian Federation would bring the total reduction to nearly 1.8 million bpd. Read More »

Interest Rates Go Up for a Second Time

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Later today, the Bank of England is expected to leave UK interest rates unchanged at historic lows of 0.25% on the basis that fast-rising UK inflation is being imported because of weaker sterling rather than signalling any overheating of the UK economy . Read More »

Xbox One X vs. PS4 Pro Specs, Features

It was also revealed that all of the original Xbox One accessories will be compatible with the Xbox One X . The console is being touted as the most powerful ever, and will support true 4K gaming. Phil Spencer had some details share on it but more technical aspects of Xbox games running on an emulator and how well they work is something we can not comment on at the moment. Read More »

Trump says he is under investigation in Russian Federation inquiry

Trump had previously boasted that he was not personally under investigation , and Comey said the president had repeatedly pressured him to publicly clear him. Was the Rosenstein memo the reason Comey was sacked? A special counsel is probing the 2016 presidential election and whether there were any contacts between Russians and the Trump campaign. Read More »

Putin, Saudi King Discuss Qatar Diplomatic Crisis

Al-Baker's entreaty comes one week after three Gulf countries - Saudi Arabia, the United Arab Emirates (UAE) and Bahrain - abruptly shut all their land-, sea- and air-ports with Qatar. He is also expected to discuss the issue with U.S. President Donald Trump in the upcoming days. This is published unedited from the PTI feed . "Qatar has shown the most decisive stance against the terrorist organisation Islamic State alongside Turkey". Read More »

With Whole Foods, Amazon on collision course with Wal-Mart

Amazon is buying Whole Foods for $13.7 billion, and that could be bad news for Instacart . But Whole Foods , which has been feeling the heat to bolster its stock for more than a year, has a new owner with cash to burn, significant technological expertise, and a willingness to invest aggressively in a quest for dominance of a brand new sector. Read More »

Verizon Closes The Yahoo Deal; Yahoo CEO Marissa Mayer Resigns

Internet pioneer Yahoo is officially no more, as Verizon's acquisition of the USA company was completed on June 13. As a home to more than 50 media and technology brands, Oath's portfolio includes HuffPost, Yahoo Sports, AOL.com, Makers, Tumblr , Build Studios and Yahoo Finance. Read More »

EU, Britain to kick off Brexit talks on June 19

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The newly-appointed Environment Secretary said the European Union referendum result must be honoured but it is "really important" that the exit package is "in the interests of the whole country". Earlier, German Finance Minister Wolfgang Schaeuble made very similar comments on the possibility of Britain staying in the EU. "We will continue with those negotiations throughout the weekend and into next week". Read More »

GE names John Flannery as chairman and CEO

During his tenure, Mr. Immelt re-established market leadership based on technological innovation, grew a strong share position in essential industries and built a backlog of $320 billion. Mr Immelt rejected any notion that outsiders influenced his resignation. Immelt, in the interview, said Flannery has a free hand to do what he wants. Read More »

Indivior PLC (INDV) Stock Rating Reaffirmed by Jefferies Group LLC

On Monday, March 7 the stock rating was maintained by BNP Paribas with "Outperform". Barclays Capital has "Overweight" rating and GBX 595 target. As per Monday, April 18, the company rating was maintained by Jefferies. Investors sentiment increased to 2.25 in Q4 2016. Its down 0.70, from 1.42 in 2016Q3. On Wednesday, March 22nd, Andrew Briggs sold 6,562 shares of Aviva plc stock. Read More »

Brexit talks won't be delayed

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Formal negotiations on the terms of Brexit finally begin on Monday , some 361 days after the European Union referendum of June 23 2016. The talks are taking place three months after Prime Minister Theresa May formally triggered the two-year Brexit timetable. Read More »

Justin Thomas shoots record-equalling 63 at US Open

Tied with Fowler at six-under par are Jamie Lovemark and J.B. Holmes. Nearly an inch of rain fell on the course overnight and Reed, who beat Rory McIlroy in the opening singles at Hazeltine past year, was one of many players to take advantage in pursuit of his first major title. Read More »

Oil Prices Fall On Oversupply Worries Despite Opec Deal

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President Donald Trump's decision to withdraw from an worldwide climate accord will spur further domestic production and contribute to a persistent global oversupply. US gasoline demand over the past four weeks was 0.7% lower year-on-year at 9.6 million bbl/d. The low prices come as traders were wary of high supplies despite the Opec-led effort to cut output. Read More »

DC And Maryland Hit Trump With Lawsuit Over His Business Ties

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The suit to be unveiled Monday centers on the so-called emoluments clause, which bans USA officials from taking gifts or other benefits from foreign governments. This is not the first time Trump has been accused of violating the clause. The lawsuits contend that Mr. Trump violates the "emoluments" clause by receiving economic benefits from owning a company that rents rooms and spaces to foreign governments in NY and the District of Columbia. Read More »

Kevin Durant, Stephen Curry Help Bring NBA Title Back to Oakland

Yeah, I know, I'm nostalgic for the old days. The 2017 NBA Finals showed that the Cavaliers aren't equipped to beat the Warriors as now assembled, and LeBron James is growing older with heavy mileage from his many trips to the NBA Finals combined with Olympic and other worldwide appearances. Read More »

Defer GST rollout as IT network not ready: Assocham to Arun Jaitley

Industry chamber Assocham today demanded postponing GST implementation, saying that taxpayers will find it hard to comply with the provisions of the new indirect tax regime as the IT network is not yet ready. Arun Jaitley further said that GST on restaurants in hotels will be at par with other air-conditioned restaurants and attract 18 per cent tax. The official launch of the GST will take place on the midnight of June 30 and July 1 at a function in Delhi, Jaitley said. Read More »

Resistance camp pays tributes to killed civilians, militants

Thousands of people also participated in the funeral prayers of slain Lashkar-e-Toiba militant Adil Mushtaq Mir at his ancestral village in Frestbal area of Pampore. In a brazen display which shows how the Valley has been pushed back to the turmoil days of the "90's, groups of militants appeared in south Kashmir on Saturday to offer 'gun salutes" to their fallen comrades. Read More »

Industry prepared for GST rollout from July 1: CII

The GST Council also notably relaxed return filing timelines for July and August along with clearing anti-profiteering, e-way bill rules. He said state run lotteries will be taxed at 12% of the face value while the state authorised lotteries would attract a tax of 28%. Read More »

US Navy ship collides with merchant ship off Japan

The U.S. Navy says the bodies of sailors who went missing in the collision between the USS Fitzgerald and a container ship have been found aboard the stricken destroyer. The names of the sailors will be released after all notifications are made. NYK and the ship's owner are cooperating with a Japan Coast Guard investigation into the collision, the shipping firm said. Read More »

GE's CEO Jeffrey Immelt to step down after 16 years

And it's something you can expect us to do with speed and with urgency and with no constraint ". Brennan added, "With the GE Capital pivot behind us and the company's transition to Boston complete, this is the ideal time for change". GE returned $143bn to investors in dividends while Mr Immelt was CEO, which is more than in the entire prior history of the company. Immelt has clashed with the Trump administration, criticizing its travel ban, its advocacy for more protectionist trade ... Read More »

McConnell, Schumer trade jabs over health care

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Anthony Carroll, associate state director for advocacy for AARP in Iowa, said the House bill is a "starting point" for the Senate and this a key chance for AARP to weigh in with lawmakers. Speaking to reporters at the Capitol this week, McConnell-who had previously vowed a much more open legislative process for the health care bill-denied there was any effort to hide the Senate legislation. Read More »

Puerto Rico overwhelming votes to become U.S. state, but likely won't

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Attachments to cultural and national identity are the main reasons why Puerto Ricans may oppose US statehood, Cruz-Martinez said. Despite the low turnout, Governor Ricardo Rossello vowed to push for the territory to become the 51st U.S. The Rossello administration added it and sent the ballot back for review, but the department said it needed more time and asked that the vote be postponed, which it wasn't. Read More »

Al-Jazeera's Twitter account back after suspension

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It had also once falsely reported that the United States was removing Malta from the countries eligible for its Visa Waiver Program. The important point to keep in mind is that Qatar talks to these actors and does not necessarily give them material or financial support, Juneau says. Read More »

Dollar subdued as Trump probe, weak US data overshadow Fed

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We expect another rate hike and some balance sheet normalisation before the end of the year'. The Fed gave a clear outline on its plan to reduce its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities, most of which were purchased in the wake of the 2007-2009 financial crisis and recession. Read More »

Jobs and economy must take priority in Brexit talks - Hammond

Labour is seeking regular meetings with the most senior civil servant at the Department for Exiting the European Union , saying it needs to be ready to take over negotiations at any stage if Mrs May's government falls. Divorce talks are set to begin next week as the anniversary of the Brexit vote nears. "If they refuse to pay, there will be no agreement", a senior official handling Brexit for one European Union member state government told Reuters . Read More »

Tory-DUP deal announcement 'delayed' due to London blaze

Sinn Fein believes that it could win that referendum because of concerns in Northern Ireland about Brexit . Mrs May has dismissed calls to resign following the dismal election result after calling a vote three years early, in the hope of bolstering her slim majority ahead of Brexit talks starting this month. Read More »

Greece 'optimistic' on securing deal

International Monetary Fund chief Christine Lagarde and the eurozone's 19 finance ministers meet in Luxembourg with hopes riding high that the talks will secure the release of the latest tranche of Greece's 86-billion euro ($97 billion ) bailout agreed in 2015. Read More »

Justin Thomas shoots first 9-under round in US Open history

Harman now stands at 12-under-par for the tournament but is being followed closely by Justin Thomas , Brooks Koepka and Tommy Fleetwood . Erin Hills again lacked enough wind to be the stern test the U.S. Justin Thomas sank a insane putt at the US Open . "But it isn't a U.S. Open course that I'm familiar with the way it was set up". That victory was redemption after 2015 when, on the bumpy, much-criticized greens at Chambers Bay, he three-putted from 8 feet on the final hole to give ... Read More »

Fed raises rates, unveils cuts to bond holdings in sign of confidence

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That would be followed by three rate increases in 2018 and three more in 2019, with the key rate at 2.9 per cent by the end of that period. The vote in favor of the hike was unanimous. The FTSE 100 of Britain dropped 1.1 percent to 7,393. As per the expectations, on Wednesday, the Fed has raised the interest rates from a quarter percentage point to a mark scope of 1.0% to 1.25%. Read More »

EU Parliament negotiator wants Brexit clarity from London soon

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The announcement was agreed on Thursday between Brexit minister David Davis and the European Commission's chief negotiator Michel Barnier. The source said talks with the small Northern Irish party were progressing well as meetings in Downing Street with all of the British province's main political leaders were taking place. Read More »

SSP Group PLC (SSPG) Insider Buys £128.79 in Stock

The rating was maintained by Liberum Capital on Tuesday, October 6 with "Hold". The firm has "Equal Weight" rating by Barclays Capital given on Thursday, February 18. The Firm is focused on cancer immunotherapy products based on its Specific Peptide Enhanced Affinity Receptor T-cell platform. It has a 115.32 P/E ratio. Read More »