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Sensex retreats from record on late sell-off, ends in green


The top Sensex gainers were State Bank of India (+1.59%), HDFC (+1.56) and Reliance (+1.07%), while the major losers were ONGC (-2.79%), HUL (-2.62%) and Lupin (-2.44%). Shares of YES Bank Ltd and Federal Bank Ltd were up more than 2 per cent, making them the top gainers on the Nifty Bank Index. Maruti Suzuki topped the list with a return of almost 565 percent, followed by Kotak Mahindra Bank , Adani Ports and HDFC Bank , which gave return of over 200 percent each. Read More »

Oil Prices Flat; Set For Worst First Half Since 1997

Subsequently, the current US shale productive capacity (excluding Texas and North Dakota) has risen to around the 9.3 million barrel mark. LONDON, June 22 (Reuters) - Oil slid back towards multi-month lows on Thursday, after a brief recovery early in the session, as traders warily eyed a glut of physical supply that has persisted despite OPEC-led efforts to balance the market. Read More »

State Dept. 'mystified' Gulf states haven't released details on Qatar claims

European Union foreign policy chief Federica Mogherini said Monday that "we are ready to help, assist and accompany this mediation in all ways that might be requested". "We have to make it very clear for everyone, negotiations must be done in a civilized way and should have a solid basis and not under pressure or under blockade", he told reporters in Doha . Read More »

Canaccord Genuity Reaffirms Hold Rating for Barratt Developments Plc (BDEV)

The firm has "Neutral" rating by Macquarie Research given on Tuesday, August 30. Cantor Fitzgerald maintained the stock with "Buy" rating in Thursday, June 16 report. The share price of the company (LON:MANX) was down -2.05% during the last trading session, with a high of 195.00 during the day and the volume of Manx Telecom shares traded was 116768. Read More »

Oil output to expand faster than demand in 2018: IEA

But inventories are near record highs in many parts of the world, and many traders expect further price falls. As such, OPEC said, in its monthly report , "Although oil prices rebounded from five-month lows in (mid-May), following positive USA jobs data and assurances by Saudi Arabia that Russian Federation is ready to join OPEC in extending production adjustments to reduce a persistent supply glut". Read More »

Now That Amazon Bought Whole Foods, What's next for Shopping?


Wal-Mart was down 0.32 percent at $75. "This puts massive pressure on Walmart to have Jet fulfill grocery out of Walmart stores, but they need drivers to do this", Deliv CEO Daphne Carmel said in an email to Retail Dive. Its own delivery service has been relatively successful but the traditional giants like Walmart still dominate the old-fashioned grocery shopping space. Read More »

Auto makers unshaken by Trump's move on Paris accord


Pruitt, who as EPA chief successfully campaigned for the quit the Paris climate agreement , was to leave Bologna, Italy , Sunday for a meeting with President Donald Trump , said a spokesman for the G-7 talks, Davide Russo. France's environment minister, Nicolas Hulot , said he hoped many countries would follow France's lead in scaling up their pledges and accelerating the timetable on implementing Paris benchmarks in response to the US withdrawal. Read More »

Angel Di Maria Fined £1.76 Million Over Tax Evasion While In Spain

It was not immediately possible to reach Di Maria's representatives for a comment. The prosecutor recommends a sentence of 16 months and a fine of almost €800,000 ($890,000). Di Maria initially agreed in February of this year to pay 1.45 million euros. And he is said to have been accused of two offences relating to tax fraud . Read More »

Oracle Corporation (ORCL) Shares Soar After Q4 Earnings


A number of research analysts have weighed in on ORCL shares. Its up 200% from 100 shares previously. (BR) has risen 17.08% since June 21, 2016 and is uptrending. portfolio. Yacktman Asset Management LP accumulated 19.59 million shares. James Rech invested in 1,515 shares or 0% of the stock. Kings Point Capital stated it has 79,869 shares. Read More »

Arab states should give Qatar list of 'actionable' demands: Tillerson


Nauert added that Washington is puzzled that Gulf states have not released their demands or details about their claims against Qatar more than two weeks after the "embargo" started. In addition, Foreign Minister Mevlüt Çavuşoğlu paid and official visit to Qatar, Kuwait, and Saudi Arabia as part of Ankara's efforts to solve the crisis through diplomatic dialogue and act as a mediator. Read More »

United Kingdom acquires apartments for tenants displaced by tower fire

Documents submitted to Kensington and Chelsea Council's planning department show residents were consulted in 2012 over the renovations and were asked what cladding they wanted. It's as Ribble Valley Conservative Councillors have offered to help house some of the homeless victims of the Grenfell Tower in Kensington on a temporary or permanent basis. Read More »

Oil price extends drop to 7 month lows, despite OPEC cuts

That's closing in on a bear market , which kicks in when settlement prices fall 20 per cent from their peak. "Right now there is little support to be found in light of recent supply-side developments, including further reinstatement of production in Libya , another rise in the US rig count and reports of floating storage building up again", said Harry Tchilinguirian, head of commodity markets strategy at BNP Paribas SA in London . Read More »

US Stockpile Keeps Oil Prices Down


Though last week's daily crude production ebbed from the previous week, when it reached the highest level since August 2015, it remained above 9.3 million barrels. Worldwide factors include the fact that South Africa imports both crude oil and finished products at a price set at the Global level, including shipping costs. Read More »

Congressional Baseball Game breaks records for fundraising, ticket sales

The Louisiana Republican has undergone several surgeries since he was shot last week. Bailey was one of the first responders to Wednesday's early morning shootout as he was part of the Republican congressman Scalise's security detail. His condition has been upgraded to serious. Hodgkinson 66, who was from the St. Louis suburb of Belleville, Illinois, died after being shot by police. Read More »

Wall Street Journal fires correspondent over ethics conflict


The Wall Street Journal said in a statement it was "dismayed" by Solomon's actions and "poor judgment". Jay Solomon , the paper's chief foreign correspondent, was let go after the AP revealed one of his sources, Farhad Azim, a Central Intelligence Agency arms dealer, had offered him a stake in one of his companies. Read More »

Utilitywise PLC's (UTW) "Corporate" Rating Reiterated at FinnCap

FinnCap maintained Joules Group PLC (LON:JOUL) rating on Tuesday, January 31. The stock of Pets at Home Group PLC (LON:PETS) earned "Buy" rating by Numis Securities on Thursday, May 25. Investors of record on Thursday, May 11th were given a dividend of GBX 10.87 ($0.14) per share. Its up 0.01, from 0.91 in 2016Q3. 62 funds opened positions while 185 raised stakes. Read More »

Thousands stretch and pose for International Yoga Day


The practice began in ancient India , and Modi has described yoga as free health insurance and exhorted people to make it a part of their daily lives. Ganguly Das recalled an incident from a year ago when there was so much construction going on in the area with buses and tourists running around and yet she was amazed to see that "the yogis were happily doing yoga, that's what yoga does to you, it brings about the calmness in you which I think we all need in today's world". Read More »

London mayor unveils plan to reduce dependency on cars

London's entire transport system will become zero emission by 2050 under radical plans outlined by the mayor, Sadiq Khan . The mayor's draft transport strategy is open for consultation until 2 October. According to The Times , the Mayor is also considering introducing other measures called "healthy routes" where pedestrians and cyclists would be given priority and cars could face a ban on certain days. Read More »

MSCI adds China-listed stocks to index in long-awaited move


Chinese shares are to be listed on a leading global index for the first time, marking a victory for Beijing as it tries to open its financial markets to foreign investors. "In terms of the uplift in inclusion factor, I'd be surprised if they make a following adjustment next year", said David MacKenzie, head of Asian Equity Management at Schroders. Read More »

Otto Warmbier: US student sent home from North Korea dies

Secretary of State Rex Tillerson and Defence Secretary James Mattis with China's top diplomat, State Councilor Yang Jiechi , and General Fang Fenghui , chief of state of the People's Liberation Army . There was no immediate word from the family about why relatives opted not to perform an autopsy , which may have shed more light on the cause of the neurological injuries Warmbier suffered in North Korea . Read More »

Russian Federation belittles American president's U-turn on Cuba

In a speech today at a Miami theater associated with Cuban exiles, Trump will cast the policy moves as fulfillment of a promise he made during last year's presidential campaign to reverse then-President Barack Obama's diplomatic reengagement with the island after decades of estrangement. Read More »

Provident Financial (LON:PFG) Broker Price Targets


Parkside Bancshares & Trust reported 0% of its portfolio in Unit Corporation (NYSE:UNT). Balyasny Asset Limited Liability Com reported 176,793 shares stake. Lillis Terrance J . sold $461,250 worth of Provident Financial plc (LON:PFG) on Tuesday, February 14. Shares for $664,000 were sold by Valdes Luis E. Read More »

Manchin: Republican Healthcare Bill 'Devastating' for W.Va.

Under reconciliation, the way Republicans can try to pass the bill with 51 votes, Republicans have to save $2 billion total. Democratic Senator Patty Murray of Washington said in a statement that leaked details of the bill indicated it was "every bit as devastating for families' bank accounts and health-care coverage as the disastrous bill that passed in the House". Read More »

'Trolling' over Brexit? The Queen's hat resembles European Union flag

Boris Johnson promised not to stand for the leadership of the Conservative Party until 2019 last night after a radio interview in which he struggled over the contents of the Queen's Speech . "My government's priority is to secure the best possible deal as the country leaves the European Union", the queen said. "We call on MPs of all parties to ensure this government is held to account, first and foremost by amending or rejecting the Great Repeal Bill, which poses the gravest risks to our ... Read More »

Highlights of Analysts Discussion:: Fairmount Santrol Holdings Inc. (FMSA)

Several other brokerages have also recently weighed in on FMSA. Bank of New York Mellon Corp raised its stake in shares of Fairmount Santrol Holdings by 1,028.8% in the first quarter. Another critical number in evaluating a stock is P/E or the price to earnings ratio . The firm's quarterly revenue was up 18.6% compared to the same quarter past year. Read More »

Ronaldo heads Portugal to 1-0 win over Russia at Confed Cup

He has been accused by Spanish authorities of evading 14.7 million euros ($16.5m) in tax and has been summoned to appear in court next month in Madrid . Defender Georgy Dzhikiya headed narrowly over the bar from the game's final corner in added time . Group rivals Mexico and New Zealand meet later in Sochi . Read More »

Current, former US officials detail Russian cyberattacks


FBI Assistant Director of Counterintelligence Bill Priestap said Russian Federation will continue to try to influence the outcome of US elections. Washington Post reports that Jeanatte Manfra, acting deputy undersecretary of cybersecurity at the Department of Homeland Security , informed Congress that that hackers targeted 21 states in the election, but didn't identify which states due to confidentiality agreements. Read More »

Could Amazon's Whole Foods takeover happen here?


Mackey said mutual friends set the companies up on a "blind date" in Seattle about six weeks ago, and executives immediately hit it off. After the company's merger with Amazon, it seems Whole Foods CEO John Mackey is intent on improving its relationship with customers. Read More »

Saudi says captures three Iranian Revolutionary Guards from boat


Iran has denied claims by Saudi Arabia that three of its elite Revolutionary Guard members had been arrested aboard an explosives-laden boat near an oil platform in the Gulf. They accuse Doha of supporting extremist groups, including some backed by Iran. The vessel, seized last Friday, was carrying explosives and meant to conduct a "terrorist act" in Saudi territorial waters, it said. Read More »