Markets


Toshiba Reports Unaudited Results Toshiba Reports Unaudited Results
- April 13, 2017

Toshiba Corp. President Satoshi Tsunakawa speaks during a press conference at the company's headquarters in Tokyo, on Tuesday, April 11, 2017. Taiwan's Foxconn has offered up to 3 trillion yen ($27 billion) for the chip business, almost $10 billion higher than Toshiba's own estimate, the Wall Street Journal reported , citing people familiar with the matter . (more...)
Sensex, Nifty tanks over 0.12%; Infosys shares down 3% post Q4 result
- April 13, 2017

Shares of Infosys slipped after the software exporter reported almost 3 per cent quarter-on-quarter drop in net profit at Rs 3,603 crore for the quarter ended March 31 against Rs 3,708 crore reported for the sequential quarter ended December 31, 2016. (more...)
Aviva PLC (LON:AV) Issued With 'Sell' Rating At Berenberg Bank
- April 13, 2017

Its up 213.27% from 11,300 shares previously. With 412,300 avg volume, 4 days are for Ingredion (NYSE:INGR)'s short sellers to cover INGR's short positions. Shares of Ergomed PLC ( LON:ERGO ) remained flat at GBX 201.50 during mid-day trading on Monday. 8,000 shares were sold by Yearley Douglas C. Jr., worth $272,400. (more...)
Uber Tracked Lyft Drivers With 'Hell' Program Uber Tracked Lyft Drivers With 'Hell' Program
- April 13, 2017

In 2014, it was revealed that Uber organized a street team to interview Lyft drivers and entice them to work for Uber instead. That's according to an published by The Information , which alleges that the ride-hailing giant tracked its competitor's drivers in a bid to discover which were "double-apping", or driving for both companies. (more...)
Minnesota senators press United Airlines about passenger dragged from plane Minnesota senators press United Airlines about passenger dragged from plane
- April 13, 2017

China's Communist Party mouthpiece, People's Daily , said on its social media account on Tuesday that United Airlines was "arrogant and cold-blooded". The officer replies, "Well, we'll have to drag you". "I apologize for having to re-accommodate these customers". "I won't go", Dao tells officers when they tell him he needs to leave the plane. (more...)
US dollar drops sharply after Trump calls it 'too strong'
- April 13, 2017

The chances of President Trump marking China a "cash controller" and currency manipulator within his initial 100 days of his presidency are rapidly lessening. "But that's hurting-that will hurt ultimately", he added. Treasury Secretary Steven Mnuchin, who sat in on part of the interview , said the president was "very close" to filling some the three vacancies on the Fed board. (more...)
Syrian allies vow strong response to future United States aggression
- April 13, 2017

Britain has said Russian Federation bore responsibility by proxy for civilian deaths in Syria this week caused by a poison gas attack. On Friday the United States fired dozens of cruise missiles at a Syrian air base which it said had been used to launch a chemical weapons attack which killed dozens of civilians earlier in the week. (more...)
IEA says global oil market now close to balance IEA says global oil market now close to balance
- April 13, 2017

Both benchmarks kicked off Thursday on a downbeat note after USA data on Wednesday showed domestic production jumped to its highest level in more than a year last week. The Paris-based agency expects growth of 1.3 million barrels a day this year, compared with 1.4 million barrels previously forecast, due to stalled demand in the U.S., Middle East, Russia and India. (more...)
Royal Mail to close defined benefit pension scheme Royal Mail to close defined benefit pension scheme
- April 13, 2017

Unions have threatened to disrupt Royal Mail deliveries with possible strike action, after the company said it would close its defined-benefit pension plan next year. Royal Mail shares have been out of favour since a poor third quarter mail volume update In January, with investors anxious about the post-Brexit environment and the prospect of strike action. (more...)
Jobs Added in March Jobs Added in March
- April 13, 2017

This is mostly good news for women , who saw their unemployment rate drop from 4.3 percent to 4 percent. The rate fell because almost a half-million more Americans reported finding jobs, the Labor Department said Friday. "If today's decline in the unemployment rate doesn't reverse itself they may be compelled not only to hike but also to signal a faster pace of future tightening", said Michael Feroli, an economist at JPMorgan in NY. (more...)
Russia's Putin starts meeting with Tillerson in Kremlin
- April 13, 2017

Even the one significant agreement Moscow suggested had been reached - to investigate last week's chemical weapons attack in Syria - was quickly rejected by Washington . Differences over a US missile strike on a Syrian air base last week also bubbled to the surface. Putin received Tillerson at the Kremlin along with Russia's Foreign Minister Sergei Lavrov after the top diplomats held several hours of talks dominated by the fallout of an alleged chemical attack in Syria. (more...)
United Scrambles To Recover From Ousted Passenger Fiasco United Scrambles To Recover From Ousted Passenger Fiasco
- April 13, 2017

Officials at the state of Indiana Department of Corrections said they have no record of Dao ever as a state employee but that there may have been outside medical contractors working in the prison at the time. One of the security officers could be seen grabbing the screaming man from his window seat, across the armrest and dragging him down the aisle by his arms. (more...)
OPEC figures show oil output cuts exceed pledge in March
- April 13, 2017

U.S. West Texas Intermediate ( WTI ) crude futures CLc1 were up 16 cents, or 0.3 percent, at $53.56 a barrel, also their highest level since early last month. However, analysts maintain that while the Syrian situation is indeed adding a temporary premium, it is not the main driver of the ongoing oil price spike. (more...)
What is Trump hiding? Join tax march Saturday
- April 13, 2017

Council Member Corey Johnson announced on Wednesday that he plans to introduce legislation into the City Council that would force Trump to release his tax returns . Schumer said China was not now manipulating its currency but that "very few people who study it have any doubt that, if it suited them to manipulate it again, they would in the future". (more...)
Bill O'Reilly's advertiser exodus is even worse than it looks
- April 13, 2017

Rep. Maxine Waters , and Fox News personality Bill O'Reilly. Fox News host Bill O'Reilly is facing backlash following a New York Times report revealing that he and Fox News' parent company, 21st Century Fox, have paid a total of almost $ 13 million to avoid lawsuits pertaining to reports of sexual harassment and other misconduct by O'Reilly. (more...)
Trump Says It's Unlikely Russia Was Unaware of Syria Gas Attack
- April 13, 2017

Putin, whom US intelligence agencies say tried to help Trump get elected, insisted that relations with the USA had only gone downhill since Trump took office in January. -Russian air safety agreement over Syria which Moscow suspended after the US missile strikes. The tense start to Tillerson's visit illustrated the widening chasm between the former Cold War foes. (more...)
Toshiba's nuclear power unit Westinghouse files for bankruptcy Toshiba's nuclear power unit Westinghouse files for bankruptcy
- April 13, 2017

The Japanese conglomerate had acquired the Pittsburgh-based nuclear company - a remnant of a much larger industrial firm - for $5.4 billion in early 2006, 27 years after a partial meltdown at Pennsylvania's Three Mile Island plant. Westinghouse also incurred substantial losses on its 2015 acquisition of a nuclear construction and services business from Chicago Bridge & Iron, after it came to light the assets it took control of were worth less than initially thought. (more...)
Trump told Xi of Syria strikes over 'beautiful piece of chocolate cake' Trump told Xi of Syria strikes over 'beautiful piece of chocolate cake'
- April 13, 2017

Xi was visiting Trump at his Mar-a-Lago estate when the military strikes were launched, and Bartiromo asked how he told the Chinese leader of the attack. Asked how the leader of China, which alongside Russian Federation has repeatedly blocked United Nations resolutions targeting the Syrian dictator Bashar al-Assad, had reacted, Trump said: "He paused for 10 seconds and then he asked the interpreter to please say it again - I didn't think that was a good sign". (more...)
Samsung's Bixby voice assistant won't work with the Galaxy S8 until Spring Samsung's Bixby voice assistant won't work with the Galaxy S8 until Spring
- April 13, 2017

Samsung said that the voice control update would arrive later this spring. Samsung Galaxy S8 and S8 Plus are totally different from the a year ago Samsung flagship devices, as more enhancements have been made by the engineers, the smartphones look totally different from the Galaxy S7 and S7 Edge. (more...)
Jobs, jabs take centre stage on first day of BC election campaign Jobs, jabs take centre stage on first day of BC election campaign
- April 13, 2017

The poll also asked respondents what they feel are the most important issues facing the province, and which leader is best qualified to take those issues on. Clark released what has been described as a modest platform yesterday, suggesting her party's ability to run a tight fiscal ship. She announced plans to teach coding starting in Grade 6, establish an "innovation hub" in Vancouver's Robson Square featuring a new University of British Columbia data science centre, and create 1,000 new ... (more...)

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