Markets


US prepares to ban laptops on flights from Europe
- May 15, 2017

Expanding the ban to flights from Europe would affect United States airlines, who are now not impacted as they do not operate to the 10 airports. An electronics ban went into effect on March 21 for passengers on direct flights to the U.S. (more...)
France's Macron pledges to overcome division in society France's Macron pledges to overcome division in society
- May 15, 2017

But parliamentary elections next month could derail Macron's choice, as the president will effectively be obliged to name a prime minister from the ranks of any party that wins a majority. He has promised to reinvigorate French politics by bringing in new faces. Macron said his presidency would be guided by two concerns: finding ways to help the French "have confidence in themselves again" and making France prosperous and strong. (more...)
Chinese Chicken Is Headed To America. But It's Really All About Beef Chinese Chicken Is Headed To America. But It's Really All About Beef
- May 15, 2017

The US in exchange will allow cooked Chinese poultry to enter US markets. The agreement would also ease import restrictions on agricultural goods, including ending China's ban on beef imports that was imposed in 2003 after a case of mad-cow disease. (more...)
Trump Names 10 Nominees to Federal Courts on Heels of Gorsuch Win
- May 15, 2017

Just last month, Judge Neil Gorsuch officially replaced Scalia when he was sworn in as an associate justice of the Supreme Court, in the Rose Garden of the White House. While Stras is considered a conservative, he did join Justice Alan Page, a left-leaning justice who recently retired, on several cases. Many Americans voted for Donald Trump because they believed him when he promised to appoint a justice to the Supreme Court of the United States similar in philosophy to the late Justice ... (more...)
Fox's Chris Wallace: White House playing 'dangerous game' on credibility Fox's Chris Wallace: White House playing 'dangerous game' on credibility
- May 15, 2017

Another reporter pressed Spicer to explain the "discrepancy" in the statements coming out of the White House about who prompted the decision. No one from the White House. After the Comey news broke on Tuesday night, Spicer asked Trump if it was still alright for him to do his reserve duty and Trump gave him the OK. (more...)
Steven Mnuchin at G7: 'We don't want to be protectionist'
- May 15, 2017

Visco also said no one at the G7 finance meeting signalled Italy as a source of possible tensions in view of the political elections due in the country in spring 2018. Finally, the G7 meeting did not address trade and the risks of protectionism, officials said. Attention also focused on Trump's plans to cut US corporate taxes. (more...)
Cautious IOC commission hails 'exceptional' Paris presentation
- May 15, 2017

Macron, who takes office on Sunday, spoke to International Olympic Committee president Thomas Bach to reiterate his backing for the French bid, the centrist election winner's movement, En Marche!, said in a statement. "The Olympics asked us not to buff the city up". Trump's executive order to temporarily ban travel from six Muslim-majority countries, which is now being reviewed in the courts, could prove problematic with the diverse membership of the International Olympic Committee when ... (more...)
Renault shuts down sites after being hit by cyberattack Renault shuts down sites after being hit by cyberattack
- May 15, 2017

On Saturday night, the company began restoring operations at some of the halted plants with the goal of getting nearly all of the affected production back online by Monday morning. Although Nissan said it is "working to resolve the issue", it remains to be known whether the ransomware attack , a type of software which takes over files until the company pays a ransom, has actually impacted production at the Japanese auto giant. (more...)
Global cyber attack slows but experts see risk of fresh strikes
- May 15, 2017

This is already believed to be the biggest online extortion attack ever recorded, disrupting computers that run factories, banks, government agencies and transport systems in nations as diverse as Russia, Ukraine, Brazil, Spain, India and the U.S. (more...)
How Kane sunk Man United in Spurs' Lane farewell
- May 15, 2017

We played, we tried to win, we gave a hard match to our opponent. This will be the Spurs' final game in the stadium . "It is true that we will play in the new stadium and we will take the last step to win something". We, Manchester United , for us it is more important to win titles than to finish top four. A local choir, the London Community Gospel Choir , sang club anthem "Oh When the Spurs Go Marching In", with fans joining in as they waved blue and white flags above their heads. (more...)
Crude Inventories Drop Sharply, As Imports Decline EIA
- May 15, 2017

The announcement will likely boost to oil prices, which yesterday jumped on reports from the American Petroleum Institute and the Energy Information Administration , which both estimated USA crude oil inventories to have fallen by more than 5 million barrels in the week to May 5. (more...)
In the Wake of Comey's Firing, Democrats Need to Step Up In the Wake of Comey's Firing, Democrats Need to Step Up
- May 15, 2017

The top Democrat on the Senate Intelligence Committee kept up the pressure on the White House over the sudden firing of former Federal Bureau of Investigation director James Comey, saying he'd like to see Comey testify at a public session of the panel. (more...)
Eurovision winner greeted by ecstatic Portuguese nation Eurovision winner greeted by ecstatic Portuguese nation
- May 15, 2017

Moldova with "Hey Mamma" finished in third place. Thrust to fame in 2009 with the Portuguese television show " Idolos ", the country's equivalent of " American Idol ", Sobral struggled with the sudden media exposure, even halting his singing career for a while. (more...)
US says Trump 'can't imagine Russia pleased' with North Korea missile
- May 15, 2017

Suga also said Japan is ready to "firmly cooperate with" the United States and South Korea in dealing with the North Korean military threat. USA president Donald Trump has vowed not to let that happen. South Korean conglomerate Lotte, which gave up its golf course in southern Seongju county for Thaad's deployment, stands to lose up to 500 billion won (S$624 million) if most of its 120 retail outlets in China are forced to remain closed. (more...)
Can Lewis Hamilton use Mercedes upgrades to secure pole? Can Lewis Hamilton use Mercedes upgrades to secure pole?
- May 15, 2017

But following a raft of updates on their vehicle it is Mercedes, and Hamilton in particular, who appear to hold the advantage after the Briton led home a one-two in both practice sessions. "Unbelievable, they did an engine change sub two hours". "A big thank you to them and also Kimi's crew who helped out". McLaren blamed an oil leak from the Honda engine, evident to all with liquid spilling out of the tipping vehicle as it was winched away by a crane. (more...)
Partners more comfortable with Trump on trade: Mnuchin Partners more comfortable with Trump on trade: Mnuchin
- May 15, 2017

Finance ministers and central bank governors from the United States, Canada, Japan, France, Germany, Italy and Britain are meeting in the Italian city of Bari to discuss the world economy, combating terrorist funding, cyber security and taxes. (more...)
Bank of England holds rates in 7-1 vote
- May 14, 2017

The Bank of England said today it may need to raise interest rates before the late 2019 date markets had been expecting. Analysts say the economy has performed strongly since the vote to leave the European Union last summer but that other pressures are now coming into play. (more...)
Where the global cyberattack has hit hardest Where the global cyberattack has hit hardest
- May 14, 2017

Many of those victims will be businesses, including large corporations. The "unprecedented" ransomware cyberattack has hit as many as 200,000 victims in over 150 countries, Europes leading security chief said today and warned of another "imminent attack". (more...)
Alonso stuns by earning seventh on Barcelona grid for McLaren Alonso stuns by earning seventh on Barcelona grid for McLaren
- May 14, 2017

A McLaren revival may persuade Alonso to stay with the team next year. The drip turned into a gushing pour of yellowish liquid when a crane lifted the McLaren away from the track. But that is what Fridays are for. "I think that next week when we start the free practice with other people around I will build confidence and my understanding of what the auto needs". (more...)
Trump at Liberty University: Trump at Liberty University: "We don't worship government; we worship God"
- May 14, 2017

Trump said Comey is a "showboat" and "grandstander" who was sacked because he wasn't doing a good job. However Democrats said he was sacked over the FBI investigation into alleged links between Russian Federation and the Trump campaign in the run-up to the election. (more...)