Markets


PDP crisis: BoT set for stormy meeting today PDP crisis: BoT set for stormy meeting today
- August 31, 2016

Recall that the planning committee of the botched convention of the party in Port Harcourt, Rivers State, was headed by the Rivers State Governor, Nyesom Wike, which the Senator Ali Modu Sheriff's faction kicked against. While passing a vote of confidence on the National Caretaker Committee, the BoT also charged the committee to as soon as possible convene a meeting to accordingly approve proposals for moving the party forward. (more...)
NuTonomy - Self-Driving Taxis are Out on the Roads of Singapore
- August 31, 2016

The company beat Uber to the chase, with Uber intending to offer rides in autonomous cars in Pittsburgh in a few weeks' time. The company also believes that this model could be adopted in cities around the world. "When you are able to take that many cars off the road, it creates a lot of possibilities. You can create smaller roads [and] you can create much smaller auto parks", said Parker. (more...)
SNP warn May against sidelining parliament over Brexit SNP warn May against sidelining parliament over Brexit
- August 31, 2016

May wants to make sure before she departs for Hangzhou that world leaders gathering in Hangzhou are in no doubt about her proclamation that Brexit means Brexit. The Cabinet will meet at the Prime Minister's country retreat Chequers to discuss the next steps in the process amid speculation that Mrs May will implement Article 50 - triggering the two-year period leading to Brexit - without seeking the backing of Parliament. (more...)
Oil demand set to slow in 2017 due to weak economic outlook Oil demand set to slow in 2017 due to weak economic outlook
- August 31, 2016

The oil cartel produced just over 33.1 million barrels of oil per day in July, up 46,400 barrels compared to June, it said in a new report released Wednesday. Oil demand is expected to slow next year as the global economic outlook has weakened, according to the International Energy Agency on Thursday. (more...)
US dollar mixed on Yellen's speech, data US dollar mixed on Yellen's speech, data
- August 31, 2016

In the past few months, the Fed has been swaying back and forth on whether to raise rates this year, keeping investors across the globe on tenterhooks. Non-farm payrolls due on Friday are seen as a key measure of the strength of the USA labour market, and could reinforce hawkish messages from Yellen and other Fed officials. (more...)
Abercrombie closing up to 60 stores after posting wider loss Abercrombie closing up to 60 stores after posting wider loss
- August 31, 2016

Abercrombie's sales dropped for the 14th straight quarter and comparable sales fell a slightly steeper-than-expected 4 percent, mainly due to lower traffic, including from tourists, at its flagship stores. With a $1.2 billion market cap; $500 million dollars in cash; P/S at 0.35X; 4% dividend yield; and trading at 18 times what I expect the company to earn in 2017-2018 - the shares are once again undervalued. (more...)
Video of BJP MLA's Lamborghini hitting auto-rickshaw goes viral Video of BJP MLA's Lamborghini hitting auto-rickshaw goes viral
- August 31, 2016

MLA Narendra Mehta surprised his wife Suman by gifting her the auto and she took the almost Rs5.5 crore vehicle for a spin from the Seven Eleven Academy, Bhayander (E) which is run by Mehta. Narendra Mehta rushed to the spot seeing the commotion when he found his wife locked inside the auto. There hasn't been any hint of a case being registered from the police, neither the details of the owner of auto rickshaw and damages caused were known. (more...)
DLF shares up 2.5 pc as Q1 net jumps over two-fold
- August 31, 2016

Indias largest realty firm DLF yesterday reported more than two-fold jump in consolidated net profit to Rs 261.42 crore for the quarter ended June 30, helped by sale of its cinema business to PVR. The stake sale is expected to leave DLF in funds, enabling it to substantially lower its debt has continued to hover at over ₹20,000 crore for the past few quarters. (more...)
Multi-billion Apple windfall puts Ireland in unusual bind Multi-billion Apple windfall puts Ireland in unusual bind
- August 31, 2016

The commission found Ireland's tax levy on the multinational company a "sweetheart deal" that amounted to illegal state aid under European policy. Progressives worldwide are celebrating a whopping $14 billion tax bill slapped on Apple, Inc., by the European Union for the multinational's evasive tax practices in Ireland-so why is the Irish government up in arms about the windfall? The investigation concluded that Apple paid an effective corporate tax rate of 1% on its profits in Europe in ... (more...)
Asian stocks mostly higher on hopes for higher US rates Asian stocks mostly higher on hopes for higher US rates
- August 31, 2016

The Dow Jones industrial average rose 105 points, or 0.6 per cent, to 18,501 as of 2:41 p.m. Stocks in South Korea .KS11 added 0.4 percent and Australia 0.3 percent. Investors are awaiting a report on monthly payrolls data due on Friday to assess whether it would support the hawkish tone that Fed officials have taken. (more...)
Los Angeles developer buys iconic Tribune Tower in Chicago Los Angeles developer buys iconic Tribune Tower in Chicago
- August 31, 2016

Tribune Tower was put on the market in October 2015. Built in 1925, the iconic building is 35 stories high and has almost 740,000 square feet of space. It will receive $205 million at the closing, and could collect an additional $35 million if it fulfills what it describes as "certain conditions". The newspaper's lease runs through 2018. (more...)
US PCE Core Inflation Remains at 1.6% for July US PCE Core Inflation Remains at 1.6% for July
- August 31, 2016

That jump helped to mitigate some of the impact of a sharp inventory drop and prolonged business investment downturn. Income was projected to increase 0.4%. Rising home values and stock prices, which are boosting household wealth, are also supporting consumption. The spending gain was underpinned by an 0.4 per cent rise in personal income in July, solid for the month but year-on-year up a more modest 2.7 per cent. (more...)
Ed Klein: The Weiner-Abedin-Clinton Triangle
- August 31, 2016

And Anthony Weiner is being dumped by his last employment source just after his wife, Abedin, announced that she has separated from her cheating husband. "Who knows what he learned and who he told?" Abedin finally left her husband, and his latest sexted crotch shot reportedly featured his 4-year-old son sleeping next to him. (more...)
France calls halt to TTIP talks France calls halt to TTIP talks
- August 31, 2016

It was right to continue negotiating, said Merkel's spokesman, adding that although the European Union and us positions are partly different, decisive compromises were often only achieved in the last round of talks. Earlier on Tuesday, French trade minister Matthias Fekl said he would request a halt to the Transatlantic Trade and Investment Partnership (TTIP ) negotiations at a meeting of trade ministers in the September. (more...)
Gold Price Seesaws Today in Aftermath of Yellen Speech
- August 31, 2016

Investing.com offers an extensive set of professional tools for the financial markets. British markets are closed for a holiday. The S&P 500 rose as much as 0.7 percent and declined by as much as 0.6 percent during the session. The comments from Yellen and Fischer dragged Wall Street lower at the close. The Canadian dollar, meanwhile, was down 0.44 of a cent at 76.92 cents US. (more...)
Fed's Fischer says US job market 'very close' to full strength
- August 31, 2016

The dollar index.DXY, which measures the greenback against a basket of six major rivals, strengthened to a almost three-week high of 96.064 as investors looked ahead to Friday's jobs data. In an interview with Bloomberg TV, Fischer did not comment on the timing of the next Fed rate hike but said "we choose the pace on basis of data", and that USA "employment is very close to full employment". (more...)
British PM to Trigger Brexit 'Without Parliament Vote' British PM to Trigger Brexit 'Without Parliament Vote'
- August 31, 2016

Theresa, British Prime Minister may held to chief to China for the upcoming G20, before that she hold critical cabinet meeting with her top ministers at Chequers, a media report said. "This could mean triggering Article 50, a referendum in other European nations leading to a break-up of the euro or sterling hitting below $1.20 or lower". (more...)
Women to Trudeau: How about postal pay equity?
- August 31, 2016

It was Harper in 2012 who introduced rules restricting takeovers in the oil sands by state-owned companies. The Liberal government, like other Canadian governments before it, will surely find that dealing with Beijing is complex, frustrating and unlikely to yield many quick gains. (more...)
France to call for end to TTIP talks between European Union and US
- August 31, 2016

The future of the proposed free trade deal between the United States and European Union was dealt a further blow on Tuesday when France's foreign trade minister said his country wanted an end to the negotiations. Already in May, French President Francoise Hollande said he would "never accept" the deal in its current guise because of the rules it enforces on France and the rest of Europe. (more...)
Rio 2016: Carmelo Anthony ends worldwide career after third gold Rio 2016: Carmelo Anthony ends worldwide career after third gold
- August 31, 2016

Taurasi then hit consecutive 3-pointers - her first points of the game - as the Americans scored 10 straight. The U.S. Olympic men's basketball team ended up right where expected. The Warriors' trio of Durant, Klay Thompson, and Draymond Green will now move on to their next goal of winning an National Basketball Association championship this season for the Warriors. (more...)

« previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 977 978 979 980 981 next »