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G20 finance ministers drop anti-protectionist pledge

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He said, without providing specifics, that some US trade agreements need to be re-examined, while adding that, "It is not our desire to get into trade wars". "Climate change is out for the time being", an official told the agency. "We want to reexamine certain agreements, we have talked about reexamining NAFTA", he told journalists, referring to the North American Free Trade Agreement between Canada, Mexico and the United States. Read More »

Man killed while charging iPhone in bath

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He suffered from such severe burns to the chest, arm and hand that his wife, Tanya Bull, believed he had been attacked at first. Richard Bull, 32, died in December a year ago at his home in London. Bull's family were concerned the same thing could happen to others. The Mail quoted Bull's brother Andrew as saying: "I live in the U.S. and they say it can't happen, and that there is not enough electricity". Read More »

Williams-Sonoma, Inc. (NYSE:WSM) Broker Price Targets For The Coming Week

Other institutional investors have also recently made changes to their positions in the company. Finally, Comerica Bank raised its position in shares of Williams-Sonoma by 5.7% in the fourth quarter. While looking at the Stock's Performance, Williams-Sonoma Inc. now shows a Weekly Performance of 3.68%, where Monthly Performance is 0.96%, Quarterly performance is -9.83%, 6 Months performance is 2.48% and yearly performance percentage is -14.77%. Read More »

Break in adverse weather to allow search for Rescue 116 black box

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Mr Geoghegan said there was a massive amount of organisation behind today's operation. Search efforts for the three remaining missing crew members will continue today despite expected poor weather conditions. Ms Fitzpatrick's family take consolation that she lived life to the full and packed a lot in, Fr O'Sullivan said. I, like many others living on the Mayo coast, know of the dedication and professionalism of the Irish Coast Guard who have provided assistance on many occasions to ... Read More »

IPhone SE prices slashed, now available for Rs 19999

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Gone are those days of spending a fortune to buy an Apple iPhone, in India. The iPhone SE cash back offer, which kicked off on Friday, will be available till March 31, according to offer documents seen by Gadgets 360. 24,999, with the Rs. 5,000 cash back dropping the effective price to Rs. 19,999. The smartphone features a compact 4-inch HD Retina Display. Apple shipped 2.5 million iPhones to India past year, with a third coming in the December quarter, according to market researcher ... Read More »

Cliffs Natural Resources Inc. (CLF): A Valuation and Tape Check

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U.S. based company, Cliffs Natural Resources Inc. The optical communications company reported its fourth-quarter results late Tuesday, and investors initially reacted negatively to the report despite a 23% rise in revenue. Thus the company showed an Earnings Surprise of 47.8 Percent. The company has a market cap of $2.86B. Yet in the long run, some analysts believe that Chinese demand for fiber-optic components could renew accelerated growth for the company and its industry peers, and ... Read More »

A Teenager Has Been Mauled By A Crocodile In Far North Queensland

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It's believed he had jumped off the wharf at the Innisfail esplanade. In an ironic twist, Mr De Paauw has previously posted numerous warnings about crocodile attacks and water safety on his Facebook profile. He said without quick medical attention it could have been a fatal attack. Saltwater crocodiles are one of Australia's most unsafe land animals and have been responsible for eight confirmed fatal attacks in Queensland since 1985. Read More »

German industrial production jumps in February, as expected

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Orders for capital goods, notably cars, tumbled by 9.9 per cent, raising worries for the sector that forms a crucial part of the economy. December also saw a smaller fall in production than previously thought, the price-, seasonal- and calendar-adjusted figures from federal statistics authority Destatis showed, at 2.4 per cent month-on-month rather than 3.0 per cent. Read More »

Mnuchin at G-20: United States wants free but fair and balanced trade

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The administration of President Donald Trump is calling for the Group of 20 to drop its long-standing commitment to free trade and opposition to protectionist policies. The U.S., represented by Steven Mnuchin in his first appearance at an worldwide forum as Treasury Secretary, argued that trade arrangements need to be made fairer, in line with the administration's claims the U.S. Read More »

House leaders set Obamacare repeal and replace vote for Thursday

But if we needed a stark lesson or reminder of what the modern GOP stands for, or what Speaker Paul Ryan and Senate Majority Leader Mitch McConnell stand for, The American Health Care Act does it - their proposed plan will take away health insurance from the poorest Americans while delivering huge tax cuts to the wealthiest Americans. Read More »

Technical Signals and Charts for Axalta Coating Systems Ltd. (AXTA)

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Ltd. boosted its stake in shares of Axalta Coating Systems by 14.1% in the fourth quarter. Also, there are 1 buy, 0 sell and 0 strong sell ratings , collectively assigning a 1.75 average brokerage recommendation. RBC Capital Markets gave the share price of Axalta Coating Systems Ltd a price target of 35 meaning the broker expects a potential upside of 12.43% from Axalta Coating Systems Ltd's current market price of 31.13. Read More »

G20 leaders fail to reach agreements on free trade

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But their deliberate absence at the insistence of the nation that constructed the post-World War Two trading system is deeply unsettling, particularly for an export-led economy such as Australia's. China and European countries had pushed for a stronger affirmation of cross-border trade without tariffs or barriers. French Finance Minister Michel Sapin expressed " regret that our discussions today were unable to reach a satisfying conclusion on two absolutely essential priorities", trade and ... Read More »

JCPenney to close Marinette store

Seven stores will close in MI. The JCPenney store in Rome is safe - as are the stores at the Sangertown Square Mall in New Hartford and Destiny USA in Syracuse, according to a company announcement. JCPenney is set close almost 140 stores nationwide in order to cut costs, according to a release from the company on Friday. The total store closures represent approximately 13 - 14 % of the company's current store portfolio, less than 5% of total annual sales, the release states. Read More »

Anti-protectionism language dropped from G-20 document

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The G20 has in the past pledged support to the existing multilateral trade system, including the World Trade Organisation (WTO). "I think that accurately reflects what we as a group talked about". "Our objective is getting more balanced trade agreements", he said, confirming that having border taxes is an option. Some advocates, like the International Monetary Fund, readily concede that the benefits of free trade have been uneven across societies, as less skilled workers lose out and the ... Read More »

White House Budget Chief Defends Domestic Cuts

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The White House will offer a more comprehensive budget document in May. Trump's so-called "skinny" budget focused only on discretionary spending, so it does not address big-ticket items like Social Security, health programs such as Medicare and Medicaid, other "mandatory" spending or interest on the debt, which together comprise at least two-thirds of the federal budget, though the president's first full budget is reportedly expected in May. Read More »

Germany owes 'vast sums' to North Atlantic Treaty Organisation

Mr Trump tweeted from his Florida resort the day after his first meeting with Germany's leader which produced some awkward moments, such as not shaking hands during a photo opportunity. The U.S. trade deficit with Germany was $64.9 billion previous year, the lowest since 2009, according to the Commerce Department. During his campaign and after taking office, Trump said he would impose a 45 percent tax on imports from China, and that same on imports from Mexico. Read More »

Initial jobless claims jump more than expected

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The Labor Department said the less volatile four-week moving average also rose to 236,500, an increase of 2,250 from the previous week's unrevised average of 234,250. In a separate report, global outplacement firm Challenger, Gray & Christmas said USA -based employers announced 36,957 job cuts in February, down 19 percent from January. Read More »

Air Methods Corp. (NASDAQ:AIRM)

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The company presently has a consensus rating of "Hold" and an average price target of $45.00. Price changes resulting from an earnings surprise can be felt immediately. While some analysts have a High Price target for the stock of $50 and a Low Price Target of $39. Macquarie Group Ltd. now owns 593,888 shares of the company's stock worth $21,279,000 after buying an additional 128,463 shares during the last quarter. Read More »

MTA transit fares, tolls go up Sunday

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For seniors and the disabled, the 30-day unlimited-ride Reduced-Fare MetroCard will cost $60.50, up from $58.25. Following the vote, MTA Chairman Tom Prendergast noted that the decision to keep single-rides unchanged "benefits riders who pay cash on the bus or load less than a round trip on a MetroCard, and are more likely to be low-income riders". Read More »

Repsol Announces Largest US Onshore Conventional Discovery In 30 Years

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Repsol has been actively exploring Alaska since 2008, and since 2011 the company has drilled multiple consecutive discoveries on the North Slope along with partner Armstrong. Armstrong said it would speak Friday about the development. "This is also great news for the State of Alaska", Alaska Governor Bill Walker said in a statement. Read More »

US Federal Reserve raises interest rates

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As the US central bank increased the federal funds rate, it also lifted its other interest rates by 25 basis points. And as the United States dollar weakened, the Aussie dollar leapt more than 1.2 USA cents cent after the 5am (Sydney time) announcement by the Fed to trade at 77.15 U.S. Read More »

What Do Analysts Say About Kinross Gold Corporation (KGC)

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How much the gold mining companies will exceed analysts' expectations depends not only on the price of gold but also on the price that each company has taken as assumption for the determination of its proven and probable gold reserves. Investors may also monitor a company's PEG or price to earnings growth ratio. The Return on Assets stands at -1.3%, Return on Equity shows -2.5% and Return on Investment value is -0.1%. Read More »

UK's GCHQ dismisses claims it spied on trump as 'utterly ridiculous'

Trump has dubbed "fake news", as well as conservative commentary, a little-known blog and several reports based on anonymous sources, which Mr. Trump has said can not be believed. When pressed for further evidence, Spicer chastised the media for focusing so much attention on comments disparaging Trump's claim about surveillance. Read More »

New India is about opportunity not favour: Modi

We have deployed significant resources for railway and road sectors. "Today a development revolution must be achieved by collective aspiration and not personal aspiration; this government has the Ek Bharat Shresht Bharat dream in the mind", he said. Read More »

G-20 finance chiefs drop wording on protectionism, keep currency pledges

China's focus on the status quo reflects the nation's economic success under the rules-based system since it joined the World Trade Organization in 2001. President Donald Trump's administration has previously expressed its will to make worldwide trade rules fairer, raising concerns among exporting nations like Germany. Read More »

G20 Finance Ministers Fail to Agree on Free Trade Following US Pressure

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Trump has repeatedly emphasized that the USA needs a tougher approach to trade that would put American workers and companies first. BADEN-BADEN, Germany Japanese Finance Minister Taro Aso said he agreed with his US counterpart Steven Mnuchin on the need to abide by the G7 and G20 agreements on currency policy, including a warning that excess currency volatility is undesirable. Read More »

US Supports Fair Trade But Rejects Ban on Protectionism

In the new USA administration's biggest clash yet with the worldwide community, G-20 finance chiefs rowed back on a pledge to reject protectionism and maintain an open and inclusive global trade system. Germany managed to rescue some of the previously common G20 language supporting free trade and open markets in a separate document adopted by policymakers in Baden-Baden. Read More »

Donald Trump 1, free trade 0: G20 nations bows to U.S. pressure

Reports suggested China and Australia, among others, pushed hard for the commitment to be retained. German Finance Minister Wolfgang Schaeuble tried to play down the lack of a clear rejection of protectionism on Saturday, saying some delegations did not have a mandate to support far reaching commitments on commerce. Read More »

G 20 finance summit underway in Baden Baden

Treasury Secretary Steven Mnuchin said on Saturday after G20 finance chiefs backtracked on past commitments about trade. Instead, the ministers issued a mildly-worded statement, saying that countries "are working to strengthen the contribution of trade to their economies". Read More »

Tillerson avoids public conflict with Trump over budget

The US has said its policy of " strategic patience " with North Korea is over, and suggested it may decide to take pre-emptive military action. Tillerson, who has no diplomatic experience, will visit South Korea and China later in the week. Read More »

Delta Air Lines, Inc. (NYSE:DAL) Reviewed By Analysts

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Stelliam Investment Management Lp sold 1.94 million shares as Delta Air Lines Inc Del (DAL)'s stock rose 7.04%. Vetr upgraded shares of Delta Air Lines, Inc. On 2/3/2016 Delta Air Lines announced a quarterly dividend of $0.14 1.23% with an ex dividend date of 2/12/2016 which will be payable on 3/9/2016. Delta Air Lines's dividend payout ratio (DPR) is now 14.04%. Read More »

Chancellor announces U-turn on NI tax rises

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The move to raise Class 4 contributions - meant to bring in £2billion - would have hit nearly 2.5million people with a £240 rise. He said: "It is very important both to me and to the Prime Minister that we are compliant not just with the letter, but also the spirit of the commitments that were made". Read More »

GM to bring back 500 jobs to Lansing Delta Plant

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Instead, approximately 180 Lansing Delta workers will be reassigned to the Flint Assembly Plant to support production of the Chevy Silverado and GMC Sierra pick-up trucks. Production of the new GMC Acadia has moved to Spring Hill, Tennessee. GM also outlined several initiatives that it will be supporting to encourage people - predominantly MI residents - to move into the kinds of technical skills needed for future job growth. Read More »

Aso: No G20 member was against free trade

Angel Gurria, secretary-general of the Organization for Economic Cooperation and Development, downplayed differences over the language. "Obviously he had no mandate to talk about any definitions or interpretations of what the USA administration means by "fair trade" and that is something we have to accept for the time being", Schauble said. Read More »