Sunday, 20 August 2017
Latest news
Home » Finance

Finance

State of emergency declared in tornado damaged areas

The storm knocked out the telephone service into and out of the city. The State Emergency Operations Center remains open with Wisconsin Emergency Management, Wisconsin National Guard, Wisconsin Department of Natural Resources, the Wisconsin Department of Administration and Wisconsin State Patrol. Read More »

European Commission fined Facebook Inc. for providing false information

perth_map

When it notified European Union authorities of its plan to acquire WhatsApp in 2014, it told the Commission on at least two occasions that it would not be able to reliably automate the matching of Facebook and WhatsApp accounts. The €100 million is "proportionate and deterrent" as they are allowed to impose a fine of up to 1% of the aggregated turnover of the companies. She said "the Commission must be able to take decisions about mergers' effects on competition in full knowledge of ... Read More »

Jose Mourinho says Man United youngsters not ready

perth_map

Nonetheless, victory on Wednesday would seal United's place in next season's Champions League, which would give them a much-needed boost going into next term, where they will quite simply have to be better in the Premier League if they are to mount a serious title challenge. Read More »

The UK unemployment rate has fallen to 4.6 per cent

perth_map

April's 0.3 percentage point increase takes the figure well beyond the Bank of England's 2 per cent target, and above expectations of a rise to 2.6 per cent - though the number is broadly in line with central bank projections released last week. Read More »

Military jets escort Hawaii flight after fracas involving Turkish man

Local law enforcement apprehended Uskanil once the flight landed in Hawaii at 11:35 a.m. local time. Fellow passengers told TheDCNF's Barton that the suspect had been pacing in a unusual way before the flight left Los Angeles, and upon boarding the plane had sat in the front row of first class, before being told to move further back. Read More »

Man injured when motorcycle hits 10-foot gator in Florida

perth_map

This photo provided by the Florida Highway Patrol shows an. Unfortunately for the gator, sources say the 10-foot 9-inch long reptile was barely alive following the accident and taken by private trappers. Nelson, who had been wearing a helmet, was thrown from the motorcycle and it landed on the overpass for the Little Manatee River, the report indicated. Read More »

Trump bump to Trump slump: dollar posts worst week in 9 months

perth_map

Besides worries surrounding Trump, the USA currency has suffered from a resurgent euro, which has gained more than 2 percent this week."The dollar overall, across the board, has been getting beat up this week and a lot of that has to do with the political risk here in DC", said John Doyle, director of markets at Tempus Inc in Washington. Read More »

Trump tells Russians about firing Comey

He was insane, a real nut job", Trump said, according to the New York Times . The Times said the document was based on notes taken from inside the Oval Office. He did not provide examples or evidence of any alleged "illegal acts". Deputy Attorney General Rod Rosenstein was returning to the Capitol on Friday for another closed-door session, this time with all members of the House. Read More »

China, ASEAN agree on framework for S.China Sea code of conduct

Regarding the formation of a Code of Conduct in the East Sea (COC), participants acknowledged the performance of the DOC/COC working group on a draft COC framework. China-Philippines relations have seen "a attractive turn around", Liu told the press Thursday, adding that China highly appreciates the positive, friendly and constructive attitude adopted by the Duterte government. Read More »

What is a special counsel?

And for President Trump, that news should be welcomed with open arms. The House Intelligence Committee, meanwhile, requested documents from the Justice Department and FBI about the bureau's investigation and any records related to Comey's dismissal. Read More »

EnLink Midstream (NYSE:ENLC) Valuation According To Analysts

Therefore 30% are positive. On Wednesday, July 13 the stock rating was initiated by Stifel Nicolaus with "Buy". As of December 31, 2016, the Company's fleet included 73 vessels consisting primarily of Newcastlemax and Capesize, as well as Kamsarmax, Ultramax and Supramax vessels with a carrying capacity between 52,055 and 209,537 deadweight tonnage. Read More »

Donald Trump's leave the United States of America on Friday for overseas trip

perth_map

The president's first stop on the trip is Saudi Arabia, where he'll address a summit of Arab and Muslim leaders. He is also scheduled to travel to Israel, the Vatican, Belgium and Italy. The package includes tanks, combat ships, missile defense systems, radar and communications and cybersecurity technology. Melania Trump wore a black pantsuit with a golden belt and did not cover her head, consistent with custom for foreign dignitaries visiting Saudi Arabia. Read More »

FY2018 EPS Estimates for Encana Corp Reduced by Analyst (ECA)

Contrarius Investment Management Ltd purchased a new stake in shares of Encana Corp during the third quarter worth about $60,448,000. The 200 SMA is considered so critically important a trend indicator that the event of the 50-day SMA crossing to the downside of the 200-day SMA is referred to as a death cross, signaling a serious bear market in a stock, index or other investment. Read More »

Saudi signals first cut in crude supplies to Asian customers, sources say

Iraq and Algeria said Thursday, May 11, 2017, that they support the extension of oil production cuts by OPEC and non-OPEC producers through the end of the year to try to boost prices. Market participants are closely watching on the energy minister's remarks after Saudi oil chief Khalid Al-Falih said that he was "confident the agreement will be extended into the second half of year and possibly beyond". Read More »

Russian Federation probe reportedly has current White House advisor under scrutiny

He also reportedly said, "I faced great pressure because of Russian Federation". Mr Comey had been running an inquiry into possible collusion between Russian Federation and Donald Trump's election campaign. That, it turns out, was wishful thinking in the extreme. "The investigation would have always continued, and obviously, the termination of Comey would not have ended it". Read More »

Body dumped along Texas road after hearse stolen

perth_map

The body was found around 7 a.m . when a passing truck driver spotted it, according to the Houston Chronicle. It would be another almost five hours before the pair - Bryan residents Adam Craig Crow and Tanya Ray Albrecht - were pulled over in the stolen tan Suburban and taken into custody on multiple charges. Read More »

Wall St set to open slightly higher as oil prices jump

Saudi Arabia›s Energy Minister Khalid Al-Falih (L) and Russia's Energy Minister Alexander Novak attend a joint briefing in Beijing on Monday. "These combined volumes could largely offset the benefit of the extended cuts", Goldman Sachs said , keeping its average Brent price forecast for the third quarter at $57 per barrel. Read More »

Oil up on falling United States inventories

While the producers have largely complied with the production quotas, oil prices have struggled to gain momentum as USA shale producers have started to ramp up production in response to the OPEC-led cuts. The United States, Canada and Brazil were not among countries who agreed to cut supply, but analysts warned that growth in those regions could continue to undermine efforts to lift prices. Read More »

Former officials call Trump's disclosure "serious"

perth_map

He drew a distinction between leaks and Trump's conversation with the Russians, saying the discussion with the Russian officials involved shared threats to the US and Russia. He said that Moscow initially viewed debates about Russia's meddling in United States politics as "funny" but said Moscow is now "concerned because it's hard to imagine what the people who produce such nonsense can come up with next". Read More »

Trump tells Russians Comey was a 'nut job'

The revelation by Rosenstein "means that the letter that the president sent us is not accurate", Murphy said , referring to Trump's statement attributing the firing to Rosenstein's memo. The new headlines were a fresh indication that Trump would not be able to change the subject from what appears to be an intensifying investigation reaching toward the president and his inner circle. Read More »

Erdogan watches security guards beat protesters in Washington

Video footage showing Erdogan briefly overlooking the brawl has fueled speculation that the president himself ordered his guards to break up the protest before he entered the ambassador's residence. McCain and Sen. Dianne Feinstein of California, the senior Democrat on the Judiciary Committee, told Erdogan in a letter they sent Thursday that the "actions of your staff violate the constitutional protections of freedom of the press and freedom of assembly enjoyed by all Americans". Read More »

Oil prices climb on hopes output cuts will be extended

In December 2016, OPEC and non-OPEC producers reached their first deal since 2001 to curtail oil output jointly and ease a global glut after more than two years of low prices. OPEC didn't give USA shale enough respect In the International Energy Agency's (IEA) latest monthly report , estimated inventories in industrialized nations totaled about 3.025 billion barrels on March 31. Read More »

Kushner Hands-on Broker of $110B Saudi Arms Deal

A White House official said that Kushner and his wife, who are both Orthodox Jews, have received a rabbinical dispensation to join the president aboard Air Force One as he sets off on his first overseas Friday, according to the report. The gesture, which reportedly impressed the Saudi guests, demonstrates how Kushner, like his father-in-law President Trump, has brought the real estate world's dealmaking practices into high-level White House diplomacy. Read More »

Alibaba reveals $6 billion share buyback as misses EPS forecast

perth_map

Despite a slight dip in EBITDA margins for the quarter and fiscal year, Alibaba's diluted non-GAAP EPS was around 95% and 40% higher at RMB 4.12 for the quarter and RMB 23.44 for the full year, respectively. According to data from Bank of China International, Lazada Group SA, which Alibaba purchased a year ago, is leading in market share in six major countries in Southeast Asia, including Malaysia, Indonesia and the Philippines. Read More »

Trump approval at lowest level since inauguration

perth_map

Donald Trump's approval rating has officially hit its lowest level since his inauguration, according to Reuters . 58% disapproved of Trump's move to share classified information with the Russian officials last week while 41% percent said they were not confident in the President's ability to handle classified information. Read More »

Oil down as market stays well supplied despite OPEC cuts

At that gathering, the group is expected to agree to an extension of ongoing production cuts for cartel members and other producers such as Russian Federation. But more cargoes are flowing right back into its tanks, which can hold 45 million barrels, as sellers struggle to find refiners to buy freshly loaded oil, the traders said. Read More »

China Trade Deal: Commerce Secretary Ross Breaks Down What to Know

perth_map

Some analysts, however, question how quickly U.S companies will feel the benefits in China , where foreign companies have long reported difficulty penetrating the domestic market. A decision by China to lift the beef embargo on the USA has a Kentucky cattle group optimistic. "The plan gives a timeline for access set at no later than July 16, 2017". Read More »

Edouard named as French premier

perth_map

There has been widespread speculation about whether other young modernisers from the centre-right such as Bruno Le Maire or Nathalie Kosciusko-Morizet could follow suit and join the government. He was the first major Socialist politician to decide to back Macron's presidential bid. On his first full day in office and shortly after naming his new prime ministerEdouard Philippe, Macron made his first worldwide trip as French president to Germany, meeting Chancellor Angela Merkel in Berlin . Read More »

FCC security manhandles a Washington reporter trying to ask a question

perth_map

Afterward, Donnelly said that one of the guards followed him to the bathroom and one of them, Frederick Bucher, asked Donnelly why he didn't ask his question during a press conference. "We apologized to Mr. Donnelly a few times and let him know that the FCC was on heightened alert [that day] based on several threats", spokesperson Brian Hart said in a statement . Read More »

UN court orders Pakistan not to execute Indian 'spy' Kulbhushan Jadhav

Defence and Finance Minister Arun Jaitley on Thursday termed the International Court of Justice decision on Kulbhushan Jadhav a great victory for the rule of law and his trial in Pakistan as a "mockery" of justice. He was convicted in April by a Pakistani military court and sentenced to death. Foreign Office spokesman Nafees Zakaria said Pakistan had already made it clear it doesn't accept the United Nations' highest court's jurisdiction in national security matters. Read More »

Anthony Weiner to plead guilty to obscenity charge

Federal prosecutors in NY said Weiner admitted to sending sexually explicit photos and "directions to engage in sexual conduct" to a 15-year-old girl. The investigation into Weiner's alleged communications with the girl, which led the FBI to seize a laptop containing emails to his wife and top Clinton aide Huma Abedin, surfaced in September 2016 after the Daily Mail reported on his relationship with the minor. Read More »

NCAA Track & Field Selections

perth_map

Twelve performers from each preliminary site advance to the NCAA Championships - hosted for the fifth straight year as part of a nine-year run at Hayward Field, in Eugene, Ore., on June 7-10. The top 12 finishers in each individual event from the East Region - in which MI competes - and the West Region comprise the 24-person fields in June in Eugene. Read More »

Hertz Global Holdings, Inc (HTZ) Price Target Cut to $12.00

perth_map

Barclays PLC set a $9.00 price objective on shares of Hertz Global Holdings and gave the stock a "hold" rating in a research note on Sunday, May 14th. The business's revenue for the quarter was down 3.4% on a year-over-year basis. Brokerage houses, on average, are recommending investors to hold Hertz Global Holdings, Inc. Read More »

Saudi Arabia and Russian Federation signal oil-cuts extension into 2018

LONDON, May 10 ( Reuters ) - Oil prices rose on Wednesday after a larger-than-expected fall in USA crude inventories but failed to recoup last week's losses due to concerns about rising output from the United States, Libya and Nigeria. Oil prices slipped to the pre-OPEC output cut level in early May on worries over brimming US supplies. Non-cartel producers led by Russian Federation partially matched the cuts. Read More »