Markets
Bizarre Story of How Amazon and Whole Foods Deal Came to Be
- June 28, 2017
Amazon's resources and technology might help expand those stores, some analysts say. Second, and most importantly, while Whole Foods locations will give Amazon a bricks and mortar grocery platform, Whole Foods stores won't just be a grocery asset. (more...)
- June 28, 2017
Amazon's resources and technology might help expand those stores, some analysts say. Second, and most importantly, while Whole Foods locations will give Amazon a bricks and mortar grocery platform, Whole Foods stores won't just be a grocery asset. (more...)
Utah wildfire grows to largest active fire in US
- June 28, 2017
The wildfire was initially started by someone using a torch tool to burn weeds near the popular ski resort. The fire that started June 17 has forced the evacuation of 600 homes in Upper Bear Valley, Panguitch Lake, Horse Valley, Beaver Dam, Castle Valley, Blue Springs, Rainbow Meadows, Mammoth Creek, Dry Lakes, Second Left Hand Canyon and Brian Head neighborhoods. (more...)
- June 28, 2017
The wildfire was initially started by someone using a torch tool to burn weeds near the popular ski resort. The fire that started June 17 has forced the evacuation of 600 homes in Upper Bear Valley, Panguitch Lake, Horse Valley, Beaver Dam, Castle Valley, Blue Springs, Rainbow Meadows, Mammoth Creek, Dry Lakes, Second Left Hand Canyon and Brian Head neighborhoods. (more...)
Google hit with €2.4B fine for breaching European Union competition rules
- June 28, 2017
The fine though is a record and has surpassed the 1.06 billion Euros fine that had been slapped on Intel back in 2009. It has been observed that when Google search engines were used by customers for clothes or electronic products, the website results significantly showed company's own pricing comparison and thereby degrading rivals. (more...)
- June 28, 2017
The fine though is a record and has surpassed the 1.06 billion Euros fine that had been slapped on Intel back in 2009. It has been observed that when Google search engines were used by customers for clothes or electronic products, the website results significantly showed company's own pricing comparison and thereby degrading rivals. (more...)
Will 'Pharma Bro' Martin Shkreli Get a Fair Trial?
- June 28, 2017
Instead, federal prosecutors say he ran two Ponzi-like schemes in order to settle personal and business debts. One man, who previously had indicated that he had to ask his wife about rescheduling a vacation, told Matsumoto he would have concerns because the trial is a " Brooklyn case", and that he lives near Shkreli's home neighborhood, Sheepshead Bay. (more...)
- June 28, 2017
Instead, federal prosecutors say he ran two Ponzi-like schemes in order to settle personal and business debts. One man, who previously had indicated that he had to ask his wife about rescheduling a vacation, told Matsumoto he would have concerns because the trial is a " Brooklyn case", and that he lives near Shkreli's home neighborhood, Sheepshead Bay. (more...)
Suffolk and Essex arts companies land record Arts Council funding
- June 28, 2017
The separate Arts Council investment has been awarded as part of Create joining the distribution body's new portfolio, which sets out its ambitions across England. He said: "Everyone deserves the chance to experience the sheer enjoyment, creativity and new horizons that culture can bring". We present to you our 2018-22 National Portfolio . (more...)
- June 28, 2017
The separate Arts Council investment has been awarded as part of Create joining the distribution body's new portfolio, which sets out its ambitions across England. He said: "Everyone deserves the chance to experience the sheer enjoyment, creativity and new horizons that culture can bring". We present to you our 2018-22 National Portfolio . (more...)
Brazil markets steady after scathing indictment of president
- June 28, 2017
Brazil equities moved lower late Monday after Brazil's attorney general indicted Brazilian President Michel Temer on allegations of corruption , The Wall Street Journal reported . Janot's office did not immediately respond to a request for comment, and the president's office did not respond to a request to elaborate. Still, Janot appears intent on denying Temer an opportunity to clear his name quickly, since the bribery charge is likely to be followed separately by others - ... (more...)
- June 28, 2017
Brazil equities moved lower late Monday after Brazil's attorney general indicted Brazilian President Michel Temer on allegations of corruption , The Wall Street Journal reported . Janot's office did not immediately respond to a request for comment, and the president's office did not respond to a request to elaborate. Still, Janot appears intent on denying Temer an opportunity to clear his name quickly, since the bribery charge is likely to be followed separately by others - ... (more...)
UK PM: EU citizens' rights proposals revealed
- June 28, 2017
Areas of disagreement include the ability of EU nationals in Britain to move family members to the United Kingdom after Brexit and the role of the European Court of Justice . "The reciprocal agreement on citizens' rights will apply to the entire United Kingdom, covering Scotland , Wales, Northern Ireland and all parts of England, and Gibraltar", the document states. (more...)
- June 28, 2017
Areas of disagreement include the ability of EU nationals in Britain to move family members to the United Kingdom after Brexit and the role of the European Court of Justice . "The reciprocal agreement on citizens' rights will apply to the entire United Kingdom, covering Scotland , Wales, Northern Ireland and all parts of England, and Gibraltar", the document states. (more...)
Haley says warning to Syria also aimed at Russia and Iran
- June 28, 2017
In 2013, when Syria acquired membership to the Chemical Weapons Convention (CWC), it claimed it gave up its rights to 1,300 tonnes of toxic weapons and industrial chemicals. Dmitry Peskov, Russian President Vladimir Putin's spokesman, said threats posed to the "legitimate leadership" of Syria were "unacceptable". Mr Assad had denied responsibility for the April 4 attack in the rebel-held Idlib province that killed dozens of people, and Russian Federation, his key backer, sided with him. (more...)
- June 28, 2017
In 2013, when Syria acquired membership to the Chemical Weapons Convention (CWC), it claimed it gave up its rights to 1,300 tonnes of toxic weapons and industrial chemicals. Dmitry Peskov, Russian President Vladimir Putin's spokesman, said threats posed to the "legitimate leadership" of Syria were "unacceptable". Mr Assad had denied responsibility for the April 4 attack in the rebel-held Idlib province that killed dozens of people, and Russian Federation, his key backer, sided with him. (more...)
Russia: Daesh leader may have been killed in Syria
- June 28, 2017
The ministry said the strike came as IS leaders gathered to discuss the group's withdrawal from Raqqa, its de facto capital . Russia's Defense Ministry says it is investigating reports that ISIS leader Abu Bakr al-Baghdadi was killed in one of its airstrikes in Syria last month. (more...)
- June 28, 2017
The ministry said the strike came as IS leaders gathered to discuss the group's withdrawal from Raqqa, its de facto capital . Russia's Defense Ministry says it is investigating reports that ISIS leader Abu Bakr al-Baghdadi was killed in one of its airstrikes in Syria last month. (more...)
Qatar Airways looking to buy 10 percent stake in American Airlines
- June 28, 2017
Several US carriers, including American Airlines , have previously complained to the Trump administration about the subsidies that the Gulf carriers receive from their government backers. American says it hasn't received such a request. "The amount of customers we fly internationally is more than airlines in the U.S.", Smith said. American said Thursday that it will respond to the notice "in due course" with the appropriate filings required under the Hart-Scott-Rodino (HSR) Act. (more...)
- June 28, 2017
Several US carriers, including American Airlines , have previously complained to the Trump administration about the subsidies that the Gulf carriers receive from their government backers. American says it hasn't received such a request. "The amount of customers we fly internationally is more than airlines in the U.S.", Smith said. American said Thursday that it will respond to the notice "in due course" with the appropriate filings required under the Hart-Scott-Rodino (HSR) Act. (more...)
Li Says China Capable Of Achieving Growth Target
- June 28, 2017
The country will treat domestic and foreign businesses in an equal way, he said. "I also promise you, for all foreign business profits generated in China, you can move [the funds] freely in and out of China, and there won't be any limitations". (more...)
- June 28, 2017
The country will treat domestic and foreign businesses in an equal way, he said. "I also promise you, for all foreign business profits generated in China, you can move [the funds] freely in and out of China, and there won't be any limitations". (more...)
Pence retains outside legal aid, amid special counsel investigation
- June 28, 2017
Cullen referred questions to Pence's office. Jim Gilmore , whom Cullen replaced as attorney general when Gilmore stepped down in 1997 to run for governor. Kushner - Trump's son-in-law - is one of several people close to the president who are "people of interest" in the investigation. The president did not respond to shouted questions about whether he believes he is under investigation as he departed an event Tuesday morning created to highlight his administration's support of apprenticeship ... (more...)
- June 28, 2017
Cullen referred questions to Pence's office. Jim Gilmore , whom Cullen replaced as attorney general when Gilmore stepped down in 1997 to run for governor. Kushner - Trump's son-in-law - is one of several people close to the president who are "people of interest" in the investigation. The president did not respond to shouted questions about whether he believes he is under investigation as he departed an event Tuesday morning created to highlight his administration's support of apprenticeship ... (more...)
GST registrations for ecommerce, new cos to begin on June 25
- June 28, 2017
Explaining about the tax structure under GST, she said "I am answering those who raise queries whether there will be an increase in price of essential commodities post GST". "We are expecting an annualised growth to the tune of 10 -13 percent in formal job creation on account of GST", Indian Staffing Federation's President Rituparna Chakraborty said. (more...)
- June 28, 2017
Explaining about the tax structure under GST, she said "I am answering those who raise queries whether there will be an increase in price of essential commodities post GST". "We are expecting an annualised growth to the tune of 10 -13 percent in formal job creation on account of GST", Indian Staffing Federation's President Rituparna Chakraborty said. (more...)
Bank of England Orders Banks to Boost Capital
- June 28, 2017
Risks to United Kingdom financial stability are at a "standard level", according to the Financial Policy Committee (FPC), the Bank of England body responsible for monitoring the resilience of the financial system. It said: 'Technological changes, such as online shopping and contactless cards, have encouraged greater credit card use for transactional purposes'. (more...)
- June 28, 2017
Risks to United Kingdom financial stability are at a "standard level", according to the Financial Policy Committee (FPC), the Bank of England body responsible for monitoring the resilience of the financial system. It said: 'Technological changes, such as online shopping and contactless cards, have encouraged greater credit card use for transactional purposes'. (more...)
JP Morgan Chase & Co Reaffirms "Overweight" Rating for Ashtead Group plc (AHT)
- June 28, 2017
Goldman Sachs maintained the shares of BRBY in report on Wednesday, June 29 with "Neutral" rating. It has underperformed by 41.10% the S&P500. The stock of Time Warner Inc (NYSE:TWX) has "Buy" rating given on Tuesday, October 20 by Pivotal Research. (more...)
- June 28, 2017
Goldman Sachs maintained the shares of BRBY in report on Wednesday, June 29 with "Neutral" rating. It has underperformed by 41.10% the S&P500. The stock of Time Warner Inc (NYSE:TWX) has "Buy" rating given on Tuesday, October 20 by Pivotal Research. (more...)
Whole Foods shares keep rising in bidding war speculation
- June 28, 2017
Grocery experts say that an Amazon-owned Whole Foods is bound to result in lower grocery prices , among other customer-friendly initiatives. "There'll be a Whole Foods dream merging in with an Amazon dream", Mackey said. About 50 percent of US households have an Amazon Prime membership. Experts note that most Whole Foods shoppers are already familiar with Amazon and are lining up for what could be a smooth transition. (more...)
- June 28, 2017
Grocery experts say that an Amazon-owned Whole Foods is bound to result in lower grocery prices , among other customer-friendly initiatives. "There'll be a Whole Foods dream merging in with an Amazon dream", Mackey said. About 50 percent of US households have an Amazon Prime membership. Experts note that most Whole Foods shoppers are already familiar with Amazon and are lining up for what could be a smooth transition. (more...)
'WannaCry'-like cyber attack sweeps globe
- June 28, 2017
Just a month after the WannaCry ransomware attack knocked out computer systems across the globe, another massive cyberattack is spreading from Eastern Europe to the rest of the world. Ukraine's central bank warned financial firms across the country that an unknown virus hit the sector, creating problems for banks and customer service. (more...)
- June 28, 2017
Just a month after the WannaCry ransomware attack knocked out computer systems across the globe, another massive cyberattack is spreading from Eastern Europe to the rest of the world. Ukraine's central bank warned financial firms across the country that an unknown virus hit the sector, creating problems for banks and customer service. (more...)
$ 3 Million to the family of a motorist black killed by police
- June 28, 2017
The 2.995 million dollar settlement will be paid by the League of Minnesota Cities Insurance Trust, which holds the insurance policy for the city of St Anthony. This month, when Kamoske saw recently-released dash cam video of Castile's shooting, she made a decision to contact the St. Paul Pioneer Press. The officer said he feared for his life . (more...)
- June 28, 2017
The 2.995 million dollar settlement will be paid by the League of Minnesota Cities Insurance Trust, which holds the insurance policy for the city of St Anthony. This month, when Kamoske saw recently-released dash cam video of Castile's shooting, she made a decision to contact the St. Paul Pioneer Press. The officer said he feared for his life . (more...)
Stockpiles Fall Less Than Expected, Oil Prices Drop
- June 28, 2017
Global oil production rose by only 0.4 million barrels per day (Mb/d) in 2016, the slowest growth since 2013, according to the BP Statistical Review of World Energy. Refinery crude runs USOICR=ECI also rose 29,000 bpd and utilization rates USOIRU=ECI rose 0.3 percentage point to 94.4 percent of total capacity. The effectiveness of the OPEC-led cuts has been undermined by increasing United States oil production, mostly from shale drillers. (more...)
- June 28, 2017
Global oil production rose by only 0.4 million barrels per day (Mb/d) in 2016, the slowest growth since 2013, according to the BP Statistical Review of World Energy. Refinery crude runs USOICR=ECI also rose 29,000 bpd and utilization rates USOIRU=ECI rose 0.3 percentage point to 94.4 percent of total capacity. The effectiveness of the OPEC-led cuts has been undermined by increasing United States oil production, mostly from shale drillers. (more...)
Millions to miss out on healthcare under new US bill
- June 28, 2017
In a bruising setback, Senate Republican leaders are delaying a vote on their prized health care bill until after the July 4 recess, forced to retreat by a GOP rebellion that left them lacking enough votes to even begin debating the legislation. (more...)
- June 28, 2017
In a bruising setback, Senate Republican leaders are delaying a vote on their prized health care bill until after the July 4 recess, forced to retreat by a GOP rebellion that left them lacking enough votes to even begin debating the legislation. (more...)
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Oil prices nudge up on Chinese economic data