Markets


Merkel urges speedy Brexit talks after United Kingdom election
- June 11, 2017

The opposite happened as she lost her majority and undermined her own authority as prime minister. Aberdeen Asset Management chief economist Lucy O'Carroll said: "History tells us that hung parliaments are not durable, let alone with Brexit looming large". (more...)
Shares now down at $5.95 (SWN) Southwestern Energy Announces Chief… Shares now down at $5.95 (SWN) Southwestern Energy Announces Chief…
- June 11, 2017

Way continued. "In his almost nine years with Southwestern Energy in which he served as Controller, Chief Accounting Officer and then as CFO since 2012, Craig worked closely with Jennifer, playing a leading role in our liability management efforts, capital market transactions and other key transactions that helped strengthen our balance sheet and drive growth". (more...)
Qatar, in regional crisis, hires former US attorney general Qatar, in regional crisis, hires former US attorney general
- June 11, 2017

Qatar says the allegations are based on lies . "I hope so", UAE minister of state for foreign affairs Anwar Gargash wrote on Twitter in reaction to Kuwait saying Qatar was ready to listen to the grievances. Riyadh and its allies have severed ties with Qatar, accusing it of supporting terrorism and of being too close to Iran , charges denied by Doha. (more...)
BA pilot drove passenger with cancer home himself as chaos engulfed Heathrow BA pilot drove passenger with cancer home himself as chaos engulfed Heathrow
- June 11, 2017

At Heathrow , we operated virtually all our scheduled long-haul flights , though the knock-on effects of Saturday's disruption resulted in a reduced short-haul programme. The airline earlier said that it does not have "a complete picture" of what caused the catastrophic IT outage that took down its systems in 170 airports across 70 different countries. (more...)
South Africa implode to leave India as favourites to make semi-finals South Africa implode to leave India as favourites to make semi-finals
- June 11, 2017

In reply, the defending champions chased down the target with 12 overs to spare, reaching 193 for two in 38 overs. If you don't get them out early, they can do some damage. South Africa were given an early hope by Rohit Sharma , who made a decision to let go of his defensive ways early in the innings and attacked a shortish delivery bowled by Morne Morkel, only to edge it straight to Quinton de Kock's gloves in the sixth over. (more...)
British PM May says will govern with 'friends' for successful Brexit deal British PM May says will govern with 'friends' for successful Brexit deal
- June 11, 2017

Thursday's vote produced what's known in the United Kingdom as " hung parliament ", forcing May to seek a minority partner. She insisted that she would stick to the Brexit timetable. "Yet another own goal, after Cameron now May, will make already complex negotiations even more complicated", tweeted Guy Verhofstadt, the former Belgian premier who is the European Parliament's point man for the Brexit process. (more...)
Qatar says Gulf citizens can stay despite crisis
- June 11, 2017

According to one estimate there are more than 6,000 families in the Gulf where one spouse is Qatari and is facing forced repatriation. Confirming claims by a Qatari human rights organisation on the impact on families, Amnesty said the blockade was already splitting families and "sowing fear". (more...)
Conservative chief whip Gavin Williamson is in Belfast for talks with DUP
- June 11, 2017

A confidence and supply deal would mean them backing the Government on its Budget and confidence motions, but could potentially lead to other issues being decided on a vote-by-vote basis. The protest moved to outside the gates of Downing Street, where they were met by a wall of uniformed police officers, as bemused tourists posed for selfies nearby. (more...)
Tale of the Tape: Antero Resources Corporation (NYSE:AR) Moves 9.25%
- June 11, 2017

Year to date Antero Resources Corporation (NYSE:AR) is -9.09%, -9.66% over the last quarter, and -19.02% for the past six months. (NYSE: RRC ) last posted its quarterly earnings results on Monday, April 24th. Jefferies Group LLC set a $43.00 price target on shares of Range Resources Corp. and gave the company a "buy" rating in a research note on Saturday, March 4th. (more...)
European Central Bank sticks with economic stimulus
- June 11, 2017

Its monthly asset purchases will continue to total 60 billion euros a month and to run until at least December. "Hard data will likely convince the governing council to turn less cautious and formally upgrade its growth outlook", said Unicredit economist Marco Valli, predicting an European Central Bank risk assessment Thursday "balanced" between positive and negative. (more...)
Crude Oil Rebounds As Dollar Falters Crude Oil Rebounds As Dollar Falters
- June 11, 2017

Brent crude futures LCOc1 declined by 17 cents and traded at $49.95 per barrel, while US West Texas Intermediate (WTI) crude futures CLc1 also dropped by 17 cents to touch $48.02 a barrel, reported Reuters. Crude stocks at the Cushing , Okla., delivery hub fell by 1.4 million bbl, the EIA said. The EIA revised down its outlook for prices in 2018 on Tuesday, raising the prospect that USA drillers might have to live with thinner profit margins next year. (more...)
Boris Johnson denies plot to topple UK PM Theresa May Boris Johnson denies plot to topple UK PM Theresa May
- June 11, 2017

The Conservative Party leader refused to resign after losing her party's parliamentary majority in last Thursday's vote, but has suffered a humiliation from which she will struggle to recover. He said: "We shouldn't pretend that this is a famous victory". We are true unionists. "Just to be clear, we will act in the national interest". The clock is ticking for Theresa May. (more...)
What the agreement between the DUP and Conservatives actually means
- June 11, 2017

Having performed disastrously at the general election , Theresa May quickly did her sums and concluded that the support of the Democratic Unionist Party would allow her to remain in power, and the Democratic Unionist Party seemed to embrace the prospect of being kingmakers within hours. (more...)
Target Wimbledon: London attacker was searching for job with match's security firm Target Wimbledon: London attacker was searching for job with match's security firm
- June 11, 2017

They loaded the van with bags of gravel and several chairs, probably to make it heavier so it could be a more effective battering ram, Xinhua reported. Detectives suspect the carnage inflicted could have been even worse if the ringleader of the terror gang had not failed to secure the vehicle because his payment did not go through. (more...)
Iran has sent 5 planes of food to Qatar: Iran Air
- June 11, 2017

Kuwaiti Foreign Minister Sheikh Sabah Al Khaled Al Sabah said in a statement carried by the state-run KUNA news agency Sunday that unity among Gulf Arab countries "was paramount to the people of the region". Saudi Arabia has closed its land border crossings to Qatar, which imports almost all of its food. Each of these planes carries around 90 tons of cargo, the Iranian official noted, adding that another plane will also be sent today. (more...)
Conservatives, DUP agree to 'confidence and supply' deal on government
- June 11, 2017

However, her government may lack the support for such an endeavour during negotiations. May's Downing Street office said on Sunday she had spoken with the Democratic Unionist Party ( DUP ), to discuss finalising a deal when parliament is reconvened next week. (more...)
Saudi Arabia and Bahrain welcome Donald Trump's scolding of Qatar
- June 11, 2017

Central Command. A senator on the Foreign Relations Committee, Chris Murphy, D-Conn., noticed the contradiction between Trump and Tillerson's remarks, writing on Twitter that this is not how foreign policy is supposed to work. The hack, which USA officials reportedly believe was carried out by Russian Federation, includes the posting of a fake news story. Saudi Arabia and its Persian Gulf allies have targeted dozens of organizations and individuals with new terror-related sanctions ... (more...)
G-7 Summit Ends Without US Joining Consensus On Climate Change G-7 Summit Ends Without US Joining Consensus On Climate Change
- June 11, 2017

Asked whether Trump - who once called climate change a hoax - believes human activity is contributing to global warning, Spicer said he wasn't sure. "Other countries signed up to this agreement because it was in their self-interest to do so - just because the United States pulled out doesn't mean that it actually changes the calculus of what's in their self-interest". (more...)
What does the election result mean for your personal finances? What does the election result mean for your personal finances?
- June 11, 2017

The DUP has reportedly promised to lend the Tories their 10 votes - not in coalition but as a looser arrangement. "We welcome this commitment, which can provide the stability and certainty the whole country requires as we embark on Brexit and beyond", he said. (more...)
Will Privatizing Air Traffic Control Services Result In Modernization? Will Privatizing Air Traffic Control Services Result In Modernization?
- June 11, 2017

Trump and Transportation Secretary Elaine Chao said the change would also reduce costs and fuel consumption for airlines. But according to the president, "We live in a modern age, yet our air traffic control system is stuck painfully in the past ". (more...)

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