Markets
British PM May says she does not predict election results
- June 05, 2017
With the general election only three days away, Mr. Corbyn said he would like to see Mrs. While Theresa May was Home Secretary between 2010 and 2016, before taking the Tory Party's reins from David Cameron after the Brexit vote, she took a number of hardline decisions that affected immigration policy in the United Kingdom. (more...)
- June 05, 2017
With the general election only three days away, Mr. Corbyn said he would like to see Mrs. While Theresa May was Home Secretary between 2010 and 2016, before taking the Tory Party's reins from David Cameron after the Brexit vote, she took a number of hardline decisions that affected immigration policy in the United Kingdom. (more...)
Kazakhstan joins OPEC decision to limit oil production
- June 05, 2017
An alliance of numerous world's biggest oil-producing nations extended their agreement to cut output for an additional nine months - an effort to support prices that will prove hard in the face of growing production from the United States. But it also spurred growth in the US shale industry , which is not participating in the output deal, thus slowing the market's rebalancing. The decision extends a cut of 1.2 million barrels a day by OPEC . (more...)
- June 05, 2017
An alliance of numerous world's biggest oil-producing nations extended their agreement to cut output for an additional nine months - an effort to support prices that will prove hard in the face of growing production from the United States. But it also spurred growth in the US shale industry , which is not participating in the output deal, thus slowing the market's rebalancing. The decision extends a cut of 1.2 million barrels a day by OPEC . (more...)
Renault announces electric vehicle battery recycling scheme
- June 05, 2017
Powervault, meanwhile, has developed a smart home battery system that enables homeowners to store energy from their own solar panels but can also automatically store using low-priced, off-peak energy from the grid. Not only will the sale of second-life batteries prove another revenue stream for vehicle companies, it also helps alleviate the issue of dealing with millions of exhausted battery packs from older EVs. (more...)
- June 05, 2017
Powervault, meanwhile, has developed a smart home battery system that enables homeowners to store energy from their own solar panels but can also automatically store using low-priced, off-peak energy from the grid. Not only will the sale of second-life batteries prove another revenue stream for vehicle companies, it also helps alleviate the issue of dealing with millions of exhausted battery packs from older EVs. (more...)
AAA Raises Insurance Rates On Tesla Vehicles Because Repairs Are So Costly
- June 05, 2017
The American Automobile Association said that premiums to insure Tesla EVs could increase by up to 30%, reports Automotive News . "This analysis is severely flawed and is not reflective of reality", a Tesla spokesperson said in a statement. (more...)
- June 05, 2017
The American Automobile Association said that premiums to insure Tesla EVs could increase by up to 30%, reports Automotive News . "This analysis is severely flawed and is not reflective of reality", a Tesla spokesperson said in a statement. (more...)
Apple unveils updated MacBooks
- June 05, 2017
And it's the computing version of the kitchen sink in terms of processing and graphics hardware. This refresh will make the new iMac really compelling for developers, especially those waiting for more powerful machines. Apple's new MacBooks will run the firm's newly-outed macOS High Sierra operating system. It starts at $4999, like we said, but we can't even fathom how much a top-end model will cost. (more...)
- June 05, 2017
And it's the computing version of the kitchen sink in terms of processing and graphics hardware. This refresh will make the new iMac really compelling for developers, especially those waiting for more powerful machines. Apple's new MacBooks will run the firm's newly-outed macOS High Sierra operating system. It starts at $4999, like we said, but we can't even fathom how much a top-end model will cost. (more...)
Is Apple about to release a file manager for iOS at WWDC?
- June 05, 2017
But the past few weeks have seen rumours of new iPads (including a 10.5-inch model), a refreshed Macbook , an updated Macbook Pro line (despite doing so late last year) and a Siri Speaker to take on Google Home/Amazon Echo. Just like how Apple replaced SMS with iMessage several years back. A preview of new iOS features could also give us a hint of what to expect with this fall's iPhone announcement . (more...)
- June 05, 2017
But the past few weeks have seen rumours of new iPads (including a 10.5-inch model), a refreshed Macbook , an updated Macbook Pro line (despite doing so late last year) and a Siri Speaker to take on Google Home/Amazon Echo. Just like how Apple replaced SMS with iMessage several years back. A preview of new iOS features could also give us a hint of what to expect with this fall's iPhone announcement . (more...)
Two London attackers named by police
- June 05, 2017
All three men were confronted and shot by police within eight minutes of the first report of the attack in which they drove a van into pedestrians on London Bridge before running into crowded bars and a marketplace where they began stabbing people at random. (more...)
- June 05, 2017
All three men were confronted and shot by police within eight minutes of the first report of the attack in which they drove a van into pedestrians on London Bridge before running into crowded bars and a marketplace where they began stabbing people at random. (more...)
Oil is sliding after several OPEC countries cut ties with Qatar
- June 05, 2017
Muslim Brotherhood parties allied to Doha are now mostly on the backfoot in the region, especially after a 2013 military takeover in Egypt ousted the elected president. The spark for this flare-up was a report by the state-run Qatar News Agency that carried comments by Qatar ruler Sheikh Tamim bin Hamad Al Thani criticizing mounting anti-Iran sentiment. (more...)
- June 05, 2017
Muslim Brotherhood parties allied to Doha are now mostly on the backfoot in the region, especially after a 2013 military takeover in Egypt ousted the elected president. The spark for this flare-up was a report by the state-run Qatar News Agency that carried comments by Qatar ruler Sheikh Tamim bin Hamad Al Thani criticizing mounting anti-Iran sentiment. (more...)
Business impact of Qatar-Gulf rift
- June 05, 2017
Emirates said they were acting "as instructed by the UAE government". In a statement posted to its Facebook page, Fly Dubai has also confirmed that it will be suspending all flights to and and from Doha Tuesday June 6. Qatar also hosts the USA military's Central Command and some 10,000 U.S. troops, with American forces using its Al-Udeid airbase. The Saudi news agency also said Libya and Yemen had cut ties with Qatar, but those claims have not been independently verified. (more...)
- June 05, 2017
Emirates said they were acting "as instructed by the UAE government". In a statement posted to its Facebook page, Fly Dubai has also confirmed that it will be suspending all flights to and and from Doha Tuesday June 6. Qatar also hosts the USA military's Central Command and some 10,000 U.S. troops, with American forces using its Al-Udeid airbase. The Saudi news agency also said Libya and Yemen had cut ties with Qatar, but those claims have not been independently verified. (more...)
Newark reopens after United engine fire shuts airport down
- June 05, 2017
Of the three minor injuries, one person reported an ankle injury, Guerin told CNN . Authorities asked a passenger on an United Airlines flight on Sunday traveling from Shanghai, China, to Newark , New Jersey to leave for being allegedly unruly. (more...)
- June 05, 2017
Of the three minor injuries, one person reported an ankle injury, Guerin told CNN . Authorities asked a passenger on an United Airlines flight on Sunday traveling from Shanghai, China, to Newark , New Jersey to leave for being allegedly unruly. (more...)
AAA: Gas prices down one cent in RI this week
- June 05, 2017
Gas prices like the temperature around the state have managed to level out, and it's unclear whether or not they'll go up anytime soon. Tampa Bay had the largest weekly gas price increase of any major metro market in the state, jumping 13 cents this past week. (more...)
- June 05, 2017
Gas prices like the temperature around the state have managed to level out, and it's unclear whether or not they'll go up anytime soon. Tampa Bay had the largest weekly gas price increase of any major metro market in the state, jumping 13 cents this past week. (more...)
Arrow Global Group (LON:ARW) Analyst Target Prices
- June 05, 2017
Qs Limited Liability holds 0% or 6,687 shares in its portfolio. Moreover, Nationwide Fund has 0% invested in Greencore Group plc (LON:GNC). Hbk Investments L P invested in 0.01% or 72,000 shares. 11/05/2017 - Arrow Global Group had its "Buy" rating reiterated by analysts at Shore Capital. The firm earned "Underperform" rating on Thursday, September 3 by Credit Suisse. (more...)
- June 05, 2017
Qs Limited Liability holds 0% or 6,687 shares in its portfolio. Moreover, Nationwide Fund has 0% invested in Greencore Group plc (LON:GNC). Hbk Investments L P invested in 0.01% or 72,000 shares. 11/05/2017 - Arrow Global Group had its "Buy" rating reiterated by analysts at Shore Capital. The firm earned "Underperform" rating on Thursday, September 3 by Credit Suisse. (more...)
Philippines violence: Marawi civilians trapped as fire breaks truce
- June 05, 2017
Malacañang reported that the four-hour Humanitarian Pause of the Armed Forces of the Philippines (AFP) succeeded in rescuing 179 civilians in Marawi City . The military brought in helicopters to fire rockets at militant positions as ground troops began to retake key bridges and buildings, though some residents this has also led to the deaths of civilians. (more...)
- June 05, 2017
Malacañang reported that the four-hour Humanitarian Pause of the Armed Forces of the Philippines (AFP) succeeded in rescuing 179 civilians in Marawi City . The military brought in helicopters to fire rockets at militant positions as ground troops began to retake key bridges and buildings, though some residents this has also led to the deaths of civilians. (more...)
Qatar and its neighbours may lose billions from diplomatic split
- June 05, 2017
Saudi Arabia , Egypt , the United Arab Emirates and Bahrain severed air, sea and land transport links with Doha, accusing it of supporting terrorism. "The measures are unjustified and are based on false and baseless claims", the Qatari foreign ministry said in a statement . State-linked media in the region ignored Qatar's denial and continued to report the comments, while Saudi Arabia, the United Arab Emirates, Bahrain and Egypt blocked access to Al Jazeera and affiliated sites. (more...)
- June 05, 2017
Saudi Arabia , Egypt , the United Arab Emirates and Bahrain severed air, sea and land transport links with Doha, accusing it of supporting terrorism. "The measures are unjustified and are based on false and baseless claims", the Qatari foreign ministry said in a statement . State-linked media in the region ignored Qatar's denial and continued to report the comments, while Saudi Arabia, the United Arab Emirates, Bahrain and Egypt blocked access to Al Jazeera and affiliated sites. (more...)
Oil prices slide amid glut concerns, US withdrawal from climate deal
- June 05, 2017
While U.S. government data released on Thursday showed that crude inventories fell twice as much as forecast last week, rising exports and production suggest the glut is lingering. OPEC started the output cuts on January 1 in an attempt to ease bloated global inventories and boost oil prices. And, this very steep growth comes with U.S. (more...)
- June 05, 2017
While U.S. government data released on Thursday showed that crude inventories fell twice as much as forecast last week, rising exports and production suggest the glut is lingering. OPEC started the output cuts on January 1 in an attempt to ease bloated global inventories and boost oil prices. And, this very steep growth comes with U.S. (more...)
United States withdrawal from Paris climate accord will have sweeping impacts, experts suggest
- June 05, 2017
In Brussels, European Council President Donald Tusk said the EU is "stepping up our cooperation on climate change with China" following a summit with Chinese Premier Li Keqiang. "That's not leadership. That's abdication of responsibility". His head, depicted as a giant asteroid on a collision course with the Earth, appears above copy that reads, "It's the end of the world (as we know it)". (more...)
- June 05, 2017
In Brussels, European Council President Donald Tusk said the EU is "stepping up our cooperation on climate change with China" following a summit with Chinese Premier Li Keqiang. "That's not leadership. That's abdication of responsibility". His head, depicted as a giant asteroid on a collision course with the Earth, appears above copy that reads, "It's the end of the world (as we know it)". (more...)
Yemen breaks off diplomatic ties with Qatar
- June 05, 2017
The four countries - Saudi Arabia, the United Arab Emirates, Egypt and Bahrain - released separate and apparently coordinated statements saying they would cut air, sea and land links with Qatar , which hosts a base for the USA military's Air Forces Central Command and will host the 2022 FIFA World Cup. (more...)
- June 05, 2017
The four countries - Saudi Arabia, the United Arab Emirates, Egypt and Bahrain - released separate and apparently coordinated statements saying they would cut air, sea and land links with Qatar , which hosts a base for the USA military's Air Forces Central Command and will host the 2022 FIFA World Cup. (more...)
Five countries cut links with Qatar
- June 05, 2017
Closure of UAE airspace and seaports for all Qataris in 24 hours and banning all Qatari means of transportation, coming to or leaving the UAE, from crossing, entering or leaving the UAE territories, and taking all legal measures in collaboration with friendly countries and global companies with regards to Qataris using the UAE airspace and territorial waters, from and to Qatar, for national security considerations. (more...)
- June 05, 2017
Closure of UAE airspace and seaports for all Qataris in 24 hours and banning all Qatari means of transportation, coming to or leaving the UAE, from crossing, entering or leaving the UAE territories, and taking all legal measures in collaboration with friendly countries and global companies with regards to Qataris using the UAE airspace and territorial waters, from and to Qatar, for national security considerations. (more...)
Qatar Airways suspends all flights to Saudi Arabia
- June 05, 2017
A senior Iranian official said on Monday the decision by some Gulf Arab states and Egypt to sever diplomatic ties with Qatar would not help end the crisis in the Middle East . But Egypt, the UAE and Saudi Arabia all responded by blocking Al Jazeera , a Qatari state-funded news website, in their own countries. Qatar, which will host the 2022 football World Cup, is a member of the US-led coalition to defeat the Islamic State group. (more...)
- June 05, 2017
A senior Iranian official said on Monday the decision by some Gulf Arab states and Egypt to sever diplomatic ties with Qatar would not help end the crisis in the Middle East . But Egypt, the UAE and Saudi Arabia all responded by blocking Al Jazeera , a Qatari state-funded news website, in their own countries. Qatar, which will host the 2022 football World Cup, is a member of the US-led coalition to defeat the Islamic State group. (more...)
Trump's Paris pullout sparks protests and new climate pledges around the world
- June 05, 2017
He expressed surprise at the fact that working to address climate change has emerged as a galvanizing issue for people throughout the world. Mr Putin also said that he wouldn't judge Mr Trump's decision to pull the United States out of the Paris climate accord , but that America would have had a better bargaining position to change the accord if the country had stayed in the deal. (more...)
- June 05, 2017
He expressed surprise at the fact that working to address climate change has emerged as a galvanizing issue for people throughout the world. Mr Putin also said that he wouldn't judge Mr Trump's decision to pull the United States out of the Paris climate accord , but that America would have had a better bargaining position to change the accord if the country had stayed in the deal. (more...)
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Crude Oil Prices Fall Sharply, Very Negative Reaction To Inventories Data