Markets


Irish cabinet agrees to appeal Apple ruling Irish cabinet agrees to appeal Apple ruling
- September 03, 2016

Apple chief Tim Cook has urged the government to appeal against the ruling to secure future investments but opinion polls have shown public support for Ireland taking the money and spending it on social services. "We felt there was a state of urgency because there was uncertainty out there in the markets amongst some multinationals", he said. Apple plans to appeal the decision and it was expected that the Irish government, afraid that the Silicon Valley firm would move its European base ... (more...)
M20 reopens with half a bridge M20 reopens with half a bridge
- September 03, 2016

A motorcyclist was the only person injured when he came off his bike as the bridge started to collapse in front of him. I just drove. No time to think. A spokesperson for the South East Coast Ambulance Service said paramedics were treating one patient and that the air ambulance were sent to the scene. (more...)
Arsenal reinforce back-line with Valencia's Mustafi
- September 03, 2016

If you look at the last season for example, it is not necessarily the club who bought the most that is in front. Mustafi moved to Valencia from Sampdoria following his breakthrough on the global stage at the 2014 World Cup, and the club finished fourth in his first season in Spain. (more...)
Low Growth, Low Inflation, Low Interest Rates
- September 02, 2016

The greenback gained against the yen to 103.31, after earlier hitting 103.53, the highest level since July 29. The weekly jobless claims report is due on Thursday and the big jobs report is due on Friday, along with global trade. The Nasdaq Composite Index was down 12.12 points, or 0.23 per cent, to 5,220.21. The kiwi fell to 72.15 United States cents as at 8am in Wellington from 72.47 cents late yesterday. (more...)
Pope applauds Colombia peace deal but sidesteps truth panel
- September 02, 2016

United States President Barack Obama congratulated President Juan Manuel Santos, saying it was "a crucial day for security and prosperity". "Never again will parents be burying their sons and daughters killed in the war", Londono said. "We all want peace, but it's not enough just to sign a document", said Sanchez, who was kidnapped and held captive for months by the rebels in 2006. FARC and the Colombian government began the peace talks in Cuba in late 2012. (more...)
South Carolina Teacher Disciplines Six-Year-Old in Heartbreaking and Cruel Way South Carolina Teacher Disciplines Six-Year-Old in Heartbreaking and Cruel Way
- September 02, 2016

Then it came out that Taraji had been consistently messing with her sandal strap in class. Edwards said Taraji told her she had to walk around without shoes as her classmates laughed at her and teased her for having her shoes in the trash. (more...)
DOT awards Havana routes to eight U.S. airlines DOT awards Havana routes to eight U.S. airlines
- September 02, 2016

U.S. Transportation Secretary Anthony Foxx was on board the JetBlue flight, joining 150 other passengers who were treated to live music and pastries before the flight. No one weighing your hand luggage on the way back and charging you for every pound in excess of the scanty limit. "I think it's going to really improve the relationship between the two countries and put more pressure on the Castro government to loosen up". (more...)
United Kingdom manufacturing rebounds to 10-month high
- September 02, 2016

The purchasing managers' index for the manufacturing sector, a gauge of business activity published by IHS Markit, jumped to 53.3 points from 48.8 in July. Yet oil prices have stabilized and many companies appear to have adjusted to the dollar's strength. The weak report could make it more likely that the Federal Reserve will delay a hike in short-term interest rates at its next meeting later this month, economists said. (more...)
Grayling gives GTR £20m to bail out Southern Grayling gives GTR £20m to bail out Southern
- September 02, 2016

Disruption on the Southern part of the wider Govia Thameslink Railway, a partnership in which Go-Ahead holds 65 percent alongside France's Keolis, forced Go-Ahead to warn in June that the seven-year rail contract would now produce margins nearer to 1.5 percent, compared with the 3 percent margin it previously expected. (more...)
Bankers welcome Raghuram Rajan's successor Urjit Patel Bankers welcome Raghuram Rajan's successor Urjit Patel
- September 02, 2016

The Patel committee report also formed the basis of the monetary policy committee, which takes away a lot of powers of RBI and the governor, as also move to create a public debt management agency. Analysts said they expect Patel, like Rajan, would steer policy towards keeping inflation at the midpoint of 4 percent, instead of the upper end of the range. (more...)
Maharashtra to scrap 94 tenders in 14 irrigation project under ACB lens Maharashtra to scrap 94 tenders in 14 irrigation project under ACB lens
- September 02, 2016

Devendra Fadnavis-led Maharashtra government on Tuesday scrapped irrigation project tenders worth Rs 6,000 crore that are under the scanner of the Anti-Corruption Bureau (ACB) in connection with the state's multi-crore irrigation scam. The decision was taken after a meeting of the state's Cabinet. Mahajan said the Centre will share 90 per cent of the proposed project cost whereas state will share the rest, adding that the total cost escalation in Gosi-Khurd stands at Rs 3,544.95 crore now. (more...)
Gold holds above 2-month low as investors await United States jobs data Gold holds above 2-month low as investors await United States jobs data
- September 02, 2016

Optimistic sentiment has been validated in recent days - fresh data has shown the United States economy heading for its eighth year of expansion, which has pushed the dollar index to a multi-week high. Oil prices rose as operators in the US Gulf of Mexico shut production due to a tropical storm, easing worries about global supply glut. The U.S. employment report on Friday is expected to show an increase of 180,000 jobs in August, according to the median estimate of 89 economists polled by ... (more...)
Enbridge Energy drops plans for Sandpiper crude oil pipeline Enbridge Energy drops plans for Sandpiper crude oil pipeline
- September 02, 2016

Instead, Enbridge and a partner company, Marathon Petroleum, bought a $1.5 billion stake in the Bakken Pipeline System in August. "Based on updated projections, EEP believes that new pipeline capacity will not likely be needed until beyond the company's five-year planning horizon". (more...)
Oil prices sink in Asia on strong dollar, output fears Oil prices sink in Asia on strong dollar, output fears
- September 02, 2016

Prices for Brent crude are looking to gain over 13 percent in August, while United States benchmark West Texas Intermediate is headed for a 14 percent gain for the month. The global benchmark was at a US$2.05 premium to WTI. Oil futures declined 3% on Wednesday, to close at a three-week low, but the commodity managed to gain 7.5% over the month of August. (more...)
Governor LePage Won't Resign, But Will Seek Spiritual Guidance
- September 02, 2016

GOP Chairman Rick Bennett said Wednesday that residents are "understandably outraged" by comments recently made by LePage. AUGUSTA, Maine (AP) — Republican Gov. "We have always been a family of faith and we recognize that the grace and guidance from God can make us stronger in life", first lady Ann LePage said. (more...)
Gabon opposition says presidential guard attacks HQ, 1 dead
- September 02, 2016

Down the road lies the headquarters of opposition candidate Jean Ping, who has rejected the results of Saturday's poll as fraudulent. A supporter of Gabonese opposition leader Jean Ping, holding a flag of Gabon, faces riot policemen blocking the access to the electoral commission in Libreville on August 31, 2016, as part of a protest sparked after Gabon's president Ali Bongo was declared victor of last weekend's contested election. (more...)
Tropical Storm Hermine Forms in Gulf of Mexico, Could Impact Tri
- September 02, 2016

I suspect they issued due to a few models increasing to hurricane strength and a blow up of convection more to the North of the suspected center. A Hurricane Watch is in effect for Anclote River to Indian Pass in Florida. Hurricane Hunters did not find tropical storm force winds yet, however the storm is moving over warm water and light shear and is expected to strengthen into a tropical storm and possibly close to hurricane strength. (more...)
Free voice calls, no roaming charge Free voice calls, no roaming charge
- September 02, 2016

If one compares, a similar base-level package with free calls from Bharti comes for R1,199 and Vodafone for R1,999. "For a price sensitive market like India, launch of affordable data services and free voice calls is indeed a welcome step". (more...)
III Apparel Group slips in to Q2FY17 net loss III Apparel Group slips in to Q2FY17 net loss
- September 02, 2016

Analysts' mean recommendation for G-III Apparel Group, Ltd.'s (GIII) stands at 2.30. G-III Apparel Group, Ltd. (NASDAQ:GIII) marked 52 week highest price level of $71.18 on 09/08/15 and 52 week lowest price level of $32.22 on 08/30/16. Arizona State Retirement System boosted its stake in G-III Apparel Group by 1.5% in the first quarter. Nisa Investment Advisors L.L.C. now owns 20,200 shares of the company's stock worth $988,000 after buying an additional 10,000 shares in the last quarter. (more...)
Rain and wind to start Triangle weekend as Hermine goes by
- September 02, 2016

Florida alerts: The hurricane center posted hurricane warnings for the part of the Gulf coast under threat, which includes the Suwannee River west to Mexico Beach. City crews were struggling to keep up with demand for sand with sandbags. The Big Bend area of Florida is getting hit with very heavy rainfall and gusty winds as the category one storm approaches the coast. (more...)

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