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New French prime minister took job because of "unique" situation

She said she would be going into the talks focused "first on what we can achieve together, and not on what doesn't work". In turn, Merkel said she is open to a Macron proposal to create a level playing field between European Union countries and other worldwide trade partners. Read More »

Hospitals remain key targets as ransomware attacks expected to increase

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The virus took control of users' files, demanding payments; Russian Federation and the United Kingdom were among the worst-hit countries. When the National Security Agency lost control of the software behind the WannaCry cyberattack, it was like "the USA military having some of its Tomahawk missiles stolen", Microsoft President Brad Smith says, in a message about the malicious software that has created havoc on computer networks in more than 150 countries since Friday. Read More »

Dem calls report on Trump, intel 'disturbing'

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According to current and former USA officials cited by The Washington Post , Trump's disclosures jeopardized a critical source of intelligence on ISIS. "You know the shame of it is there's a really good national security team in place, there's good productive things that are underway through them, and through others". Read More »

United Kingdom inflation soars to 2.7%

Inflation jumped unexpectedly to 2.7 per cent in April, the highest since September 2013, as the slump in the pound since last June's Brexit vote hit home. Excluding oil prices and other volatile components such as food, core consumer price inflation rose to 2.4 per cent, the strongest rate since March 2013 and above economists' expectations for it to rise to 2.2 per cent. Read More »

India's April exports up by 20 percent

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This was due to goods imports in April recording a historic 49.07% year-on-year growth to $37.9 billion - following a surge in gold, oil, coal, chemicals, pearls and precious stones, machinery, transport equipment and electronics imports - and outpacing exports despite shipments rising for the eighth consecutive month. Read More »

April OPEC Oil Output Fell, But Saudi Arabia's Production Rose

However, its estimate on average oil prices in 2017 was cut down to $52.60 a barrel for Brent and $50.68 for WTI. While the Organization of the Petroleum Exporting Countries and Russian Federation have delivered on their pledges to cut their combined production by 1.8 million barrels a day, investors believe more needs to be done in order to bring the market back to balance. Read More »

French President Macron vows to end division in society

Macron served as a minister in former president François Hollande's cabinet, and much of his support comes from the center-left Socialists - and there's speculation that many will decamp and run under the En Marche! banner. The visit signalled Mr Macron's intentions to move rapidly on campaign promises to revive support for the beleaguered European Union by reforming and strengthening it. Read More »

Putin sees promising outlook for extension of oil production cut deal

The number of working rigs has more than doubled from a 2016 low of 316 in May and is up more than 30 percent so far this year. "The agreement needs to be extended as we will not reach the desired inventory level by end of June". "Preliminary consultations show that everybody is committed" to the output agreement and no country is willing to quit, said Russian energy minister Alexander Novak. Read More »

Cyber Attack Hit 200000 People in 150 Countries, Says Europol

An worldwide effort is under way to track down the criminals behind an unprecedented global cyber attack that wreaked havoc across the NHS. Lord Paddick, Liberal Democrat home affairs spokesman, said: "We need to get to the bottom of why the Government thought cyber attacks were not a risk, when a combination of warnings and plain common sense should have told ministers that there is a growing and risky threat to our cyber security". Read More »

'Consensus emerging for OPEC, non-OPEC to extend output pact'

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Brent crude futures , the worldwide benchmark for oil prices , were at $48.41 per barrel at 0047 GMT, up 3 cents from their last close. That deal saw prices spike to well over $US50 a barrel ($US56 for Brent crude), then retreat earlier this year and finally bounce back past the $US50 a barrel mark before hitting the wall this week. Read More »

Judge orders Uber not to use technology taken from Waymo

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Uber has said its current LiDAR system, codenamed Fuji, is unique because it uses a multi-lens design (as opposed to Waymo's Grizzly Bear 3, or GrB3, which uses a single lens). According to Alsup, Waymo "has shown compelling evidence that its former star engineer" Anthony Levandowski "pilfered" thousands of Waymo documents. Read More »

Portugal makes history with Eurovision Song Contest win

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It's only been a matter of days since Portugal was crowned the victor of the 2017 Eurovision Song Contest, their first and only victory since their debut in 1964. At first glance, Sobral's decision to forgo the elaborate choreography and heavy dance tempos favoured by most contestants in the kitsch contest had made him a long shot. Read More »

Toshiba reports massive loss for year over Westinghouse woes

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Toshiba twice postponed nine- month earnings reports before it released unaudited results last month. Toshiba said it expects to return to profit for the fiscal year that ends in March 2018, projecting a gain of $442 million. Toshiba's chief executive, Satoshi Tsunakawa, told a news conference in Tokyo on Monday that his company is entitled to sell its memory-chip business, including a stake in a joint venture with Western Digital, even if the USA company doesn't want that. Read More »

We shot ourselves in the foot - Cech rues Arsenal's derby defeat

He is a slow starter and he gets stronger and stronger. I think we managed in the second half to keep playing our game and waiting and being patient until the opportunity comes. "It's not because you lose games people expect you to win that you have "no character". But let's not go too quickly to conclusions. They rarely play badly, but converting good performances into goals should be their major priority next season. Read More »

Lawyers say bogus Wells Fargo accounts could rise to 3.5 million

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Norges Bank acquired a new stake in Wells Fargo & Co during the fourth quarter worth $2,800,566,000. The stock is now showing YTD performance of -2.46 Percent. $6.95M worth of Wells Fargo & Co (NYSE:WFC) was sold by CARROLL DAVID M . WARNING: This news story was originally published by Sports Perspectives and is owned by of Sports Perspectives. Read More »

Australia considers laptop ban on commercial flights

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In the USA, the ban affects direct inbound flights on some airlines from eight Muslim-majority nations, with any electronic devices larger than a smartphone (excluding medical devices) banned from being carried on board. Australia is considering banning laptops in the cabins of inbound commercial passenger flights, amid global concerns about a new terrorist threat. But the security and safety issues of bundling the devices in the cargo hold of aircraft is also being weighed up. Read More »

Singapore's GIC slashes its UBS stake with RM6.9bil sale

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But GIC continued to nurse deep losses on the UBS investment, a situation made worse by several scandals that the Swiss bank was caught up in. The sovereign wealth fund was among the first big institutional investors to inject funds into UBS and Citigroup, after both were rocked by the global financial crisis. Read More »

India has 'incredible' potential. So why hasn't Warren Buffett invested?

According to Yahoo! Finance, Munger acknowledged during Berkshire Hathaway's annual general meeting over the weekend the company's mistake in missing out on technology stocks. "Bonds are a awful choice against stocks", he said. "They have followed the standard capitalist formula ... of trying to do the same business with fewer people", Buffett said. Read More »

Russia, Saudi Arabia agree to extend oil output cuts until March 2018

Japan's Nikkei retreated 0.3 percent on a stronger yen. The CAC 40 in France was 0.1 percent lower, too, at 5,401. US crude rose by $1.43 to $49.26. CYBERATTACK: The global "ransomware" cyberattack, unprecedented in scale, had technicians scrambling to secure the computers that run factories, banks, government agencies and transport systems in many nations. Read More »

Israeli minister frets over 'change' in Trump rhetoric

According to the report , the Israeli trip organizers requested to photograph Trump upon his visit to the Western Wall. "It would advance it by amending a historic wrong and by shattering the Palestinian fantasy that Jerusalem isn't the capital of Israel", he said in a statement. Read More »

China's C919 airliner gets set to challenge Airbus and Boeing

The aircraft, painted white, green and blue, took to the skies from Shanghai Pudong International Airport in eastern China. After a flight lasting just over an hour, smiling test pilots disembarked to jubilation on the ground, where large screens beamed images of the airborne jet. Read More »

Govt plans to build 34000 Auckland homes

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The government says it will build more than 34,000 new houses in Auckland over the next 10 years in response to what it calls the city's "housing challenges". This included a net increase of 5000 state houses over 10 years. About three-quarters of Housing NZ tenants needed one or two-bedroom homes. He's signalling intensification of state housing on existing sites will be a feature, something he says can be achieved under Auckland's unitary plan. Read More »

ING Groep NV (INGA) Receives €14.66 Consensus Price Target from Analysts

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About 4,023 shares traded. The forward P/E of ING Groep N.V.is at 12.59 signifying the uses of estimated net earnings over the next 12 months. It has outperformed by 16.79% the S&P500. Zacks Investment Research lowered shares of ING Groep NV from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 5th. Read More »

Merkel keeps her grip on power: Wins North-Rhine-Westphalia

It is the final state election in Germany before September's federal contest, and it is in the biggest state, North Rhine-Westphalia. (Oliver Berg/dpa via AP, file). The region of 17.9 million, almost a quarter of Germany's population, includes Cologne, Duesseldorf and the Ruhr industrial area. The western state of North Rhine-Westphalia is Germany's most populous and has been led by the center-left Social Democrats for all but five years since 1966. Read More »

Oil price surge pushes FTSE 100 to record high

Riyadh and Moscow come out strongly in favour of extending oil production caps into 2018 ahead of the measure's review on 25 May. For the strategy to work, however, we believe that (1) compliance needs to remain high and (2) long-term oil prices need to remain low to prevent shale producers from ramping up investment significantly more. Read More »

Tronc in talks with Wrapports to acquire Chicago Sun

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Chicago has always been a two newspaper town. Tronc's Chicago Tribune Media Group has been distributing the Sun-Times since 2007, and the parties agreed to have Tribune print the Sun-Times in 2011. Wrapports said it already has exhausted efforts to find another buyer in Chicago or elsewhere, and Tronc's offer pledges to "operate the Sun-Times as a separate unit, keeping in place the independent newsroom". Read More »

Global tailpipe tests vastly underestimate diesel pollution

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The actual emissions on the road, however, are often much higher than what would be expected from the results in the tests. But defeat devices are not the only cause of additional NOx emissions, according to the new research. PARIS: "Excess" diesel truck and auto emissions claimed about 38,000 lives worldwide in 2015, said a study Monday that sought to quantify deaths due to pollution that carmakers sought to hide. Read More »

RB Capital Management LLC Takes Position in The Coca-Cola Co (KO)

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Traders and technical analysts have the ability to use volume to help measure the strength of a particular move. Barnett & Company Inc. increased its stake in shares of The Coca-Cola by 27.7% in the third quarter. If you are accessing this story on another domain, it was stolen and reposted in violation of U.S. and global trademark & copyright laws. The original version of this article can be accessed at ... Read More »

Resolving North Korea needs dialogue -- and pressure

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At the outset of their meeting, Pence reiterated to Abe his statement in South Korea that the United States has run out of patience with Pyongyang's moves. McMaster cited Trump's recent decision to order missile strikes in Syria after a chemical attack blamed on the Assad government, as a sign that the president "is clearly comfortable making tough decisions". Read More »