Markets
South Korea: Hanjin to resume work in Long Beach this week
- September 10, 2016
The company announced a 2.5 trillion won streamlining plan in December 2013 that included asset sales and cost reductions, and its earnings improved temporarily. Hanjin Shipping was handling almost 8% by volume of trans-Pacific trade for the U.S. market, and with its container ships marooned offshore, major retailers have been scrambling to devise contingency plans to get their merchandise into stores. (more...)
- September 10, 2016
The company announced a 2.5 trillion won streamlining plan in December 2013 that included asset sales and cost reductions, and its earnings improved temporarily. Hanjin Shipping was handling almost 8% by volume of trans-Pacific trade for the U.S. market, and with its container ships marooned offshore, major retailers have been scrambling to devise contingency plans to get their merchandise into stores. (more...)
Nuclear test by North Korea matter of grave concern
- September 10, 2016
The test was a "grave threat to regional security and to worldwide peace and stability", Obama said in a statement , adding North Korea should face consequences for its "unlawful and unsafe actions". US President Barack Obama, aboard Air Force One on his way home from Laos, said the test would be met with " serious consequences " and the White House said he had held talks with Park and Japanese Prime Minister Shinzo Abe. (more...)
- September 10, 2016
The test was a "grave threat to regional security and to worldwide peace and stability", Obama said in a statement , adding North Korea should face consequences for its "unlawful and unsafe actions". US President Barack Obama, aboard Air Force One on his way home from Laos, said the test would be met with " serious consequences " and the White House said he had held talks with Park and Japanese Prime Minister Shinzo Abe. (more...)
House Republicans press administration on Iran payment
- September 10, 2016
What's striking, in any event, is that the interval for this series of 37 identically authorized and generically categorized payments happens to coincide nearly perfectly with the timeline of the Iran nuclear deal, from the opening of talks in Vienna in February 2014, through to implementation in January 2016. (more...)
- September 10, 2016
What's striking, in any event, is that the interval for this series of 37 identically authorized and generically categorized payments happens to coincide nearly perfectly with the timeline of the Iran nuclear deal, from the opening of talks in Vienna in February 2014, through to implementation in January 2016. (more...)
U.S., France, Britain urge new United Nations sanctions on North Korea
- September 10, 2016
Security Council members "had previously expressed their determination to take further significant measures in the event of another nuclear test", said Gerard van Bohemen, New Zealand's ambassador to the United Nations , speaking in his capacity as president of the council. (more...)
- September 10, 2016
Security Council members "had previously expressed their determination to take further significant measures in the event of another nuclear test", said Gerard van Bohemen, New Zealand's ambassador to the United Nations , speaking in his capacity as president of the council. (more...)
Saudi oil output dips in August
- September 10, 2016
Saudi Arabia's Foreign Minister Adel al-Jubeir had said on Tuesday it would go along with a freeze in oil output if other producers agreed one but cautioned that Iran , which is aiming to raise output to pre-sanction levels, could foil any attempt to limit output. (more...)
- September 10, 2016
Saudi Arabia's Foreign Minister Adel al-Jubeir had said on Tuesday it would go along with a freeze in oil output if other producers agreed one but cautioned that Iran , which is aiming to raise output to pre-sanction levels, could foil any attempt to limit output. (more...)
Modi faces backlash over million dollar aid to Vietnam
- September 10, 2016
Indian Prime Minister Narendra Modi and Vietnamese Prime Minister Nguyen Xuan Phuc feed the fish at the residence of late President Ho Chi Minh in Hanoi on September 3, 2016. People on social media condemned Modi's financial aid worth $500 million to Vietnam in such a time when India itself is reeling from the flood crisis and majority of the people are not able to have a proper meal. (more...)
- September 10, 2016
Indian Prime Minister Narendra Modi and Vietnamese Prime Minister Nguyen Xuan Phuc feed the fish at the residence of late President Ho Chi Minh in Hanoi on September 3, 2016. People on social media condemned Modi's financial aid worth $500 million to Vietnam in such a time when India itself is reeling from the flood crisis and majority of the people are not able to have a proper meal. (more...)
Audi Surprises Wayde van Niekerk with a $1M Sports Car
- September 10, 2016
In celebration of his spectacular performance at the 2016 Rio Olympics, T-Systems today present's athletics superstar Wayde van Niekerk with a R1 million gift. "That's why after the race in Rio he came to me and said "I told you I told you". In 1996 at the Atlanta Games‚ American legend Michael Johnson claimed gold in the 200m and 400m. (more...)
- September 10, 2016
In celebration of his spectacular performance at the 2016 Rio Olympics, T-Systems today present's athletics superstar Wayde van Niekerk with a R1 million gift. "That's why after the race in Rio he came to me and said "I told you I told you". In 1996 at the Atlanta Games‚ American legend Michael Johnson claimed gold in the 200m and 400m. (more...)
China's auto sales grow 26.3 percent in August
- September 10, 2016
Consumer spending has been solid in the country despite the lackluster steel and construction industries. Great Wall, the top-selling sport utility vehicle maker that started to cut prices of its H6 and H2 models past year, boosted deliveries by 25 percent in August. (more...)
- September 10, 2016
Consumer spending has been solid in the country despite the lackluster steel and construction industries. Great Wall, the top-selling sport utility vehicle maker that started to cut prices of its H6 and H2 models past year, boosted deliveries by 25 percent in August. (more...)
MasterCard faces $18.6 billion UK lawsuit over fees
- September 10, 2016
Law firm Quinn Emanuel said the lawsuit was the largest damages claim in British history and would be brought under a law meaning consumers would automatically be claimants unless they opt out. It is alleged these fees were passed on to shoppers through higher prices. Under the 2015 Consumer Rights Act, customers living in the United Kingdom would automatically be included in the claim for damages and ultimately, if successful, be eligible for compensation. (more...)
- September 10, 2016
Law firm Quinn Emanuel said the lawsuit was the largest damages claim in British history and would be brought under a law meaning consumers would automatically be claimants unless they opt out. It is alleged these fees were passed on to shoppers through higher prices. Under the 2015 Consumer Rights Act, customers living in the United Kingdom would automatically be included in the claim for damages and ultimately, if successful, be eligible for compensation. (more...)
MasterCard Facing Damages Claim of $18 Billion Over High Swipe Fees
- September 10, 2016
In 2014, the EU's antitrust regulator found that MasterCard's fees to process payments were excessive. MasterCard is facing a gargantuan lawsuit over claims it ripped off United Kingdom consumers by charging illegally high fees on store transactions for well over a decade. (more...)
- September 10, 2016
In 2014, the EU's antitrust regulator found that MasterCard's fees to process payments were excessive. MasterCard is facing a gargantuan lawsuit over claims it ripped off United Kingdom consumers by charging illegally high fees on store transactions for well over a decade. (more...)
Feds announce $211 Million in grants for new buses and support facilities
- September 10, 2016
Transportation Secretary Anthony Foxx. HRT said nine new buses are expected to cost about $4 million and that the award is appreciated because the agency's capital improvements program did not include new bus purchases. All of the new purchases will replace current CARTA Express commuter buses. Specifically, this competitive funding will be used to replace buses that operate in rural areas and have reached the end of their useful life. (more...)
- September 10, 2016
Transportation Secretary Anthony Foxx. HRT said nine new buses are expected to cost about $4 million and that the award is appreciated because the agency's capital improvements program did not include new bus purchases. All of the new purchases will replace current CARTA Express commuter buses. Specifically, this competitive funding will be used to replace buses that operate in rural areas and have reached the end of their useful life. (more...)
India financing terrorism in Pakistan: FO
- September 10, 2016
The two leaders reaffirmed the importance of the deepening partnership between the U.S. and India and the value of their shared engagement in the region, including through the East Asia Summit, the official said. He also said that India as already implemented 54 activities mentioned in the ASEAN-India Plan of Action. Obama, according to the sources said, said that he has always been a friend of India and would continue to be a "strong partner of India and help in any way I can". (more...)
- September 10, 2016
The two leaders reaffirmed the importance of the deepening partnership between the U.S. and India and the value of their shared engagement in the region, including through the East Asia Summit, the official said. He also said that India as already implemented 54 activities mentioned in the ASEAN-India Plan of Action. Obama, according to the sources said, said that he has always been a friend of India and would continue to be a "strong partner of India and help in any way I can". (more...)
Watch Bristol Motor Speedway transform into football field for Hokies, Tennessee
- September 10, 2016
The Hokies enter the Battle at Bristol with plenty of momentum after last week's win over Liberty. According to Johnson, Saturday's record-smashing and nationally-televised Pilot Flying J Battle at Bristol football game between the Virginia Tech Hokies and the University of Tennessee Volunteers at BMS will shine a spotlight on the economic progress made in Bristol, Virginia, and Bristol, Tennessee. (more...)
- September 10, 2016
The Hokies enter the Battle at Bristol with plenty of momentum after last week's win over Liberty. According to Johnson, Saturday's record-smashing and nationally-televised Pilot Flying J Battle at Bristol football game between the Virginia Tech Hokies and the University of Tennessee Volunteers at BMS will shine a spotlight on the economic progress made in Bristol, Virginia, and Bristol, Tennessee. (more...)
Judge denies tribe request to stop pipeline
- September 10, 2016
Hasselman said that they'll "hope that construction isn't completed while that (appeal) process is going forward". The Dakota Access pipeline is a $3.78 billion infrastructure project that will create energy independence while employing thousands of union workers, including Teamster members. (more...)
- September 10, 2016
Hasselman said that they'll "hope that construction isn't completed while that (appeal) process is going forward". The Dakota Access pipeline is a $3.78 billion infrastructure project that will create energy independence while employing thousands of union workers, including Teamster members. (more...)
Analysts Spotlight: Southwest Airlines Company (NYSE:LUV) , Liberty Interactive Corporation (NASDAQ:QVCA)
- September 10, 2016
Southwest Airlines Co . (NYSE:LUV)'s earnings per share growth ratio for the past 5 years was noted as 39.7% while revenue increase for the past 5 years was 10.4%. The stock tapped a 52-week high of US$76.11 while the 12-month Consensus Price Target is US$72.12. Southwest Airlines Company P/E (price to earnings) ratio is 10.26 and Forward P/E ratio of 9.94. (more...)
- September 10, 2016
Southwest Airlines Co . (NYSE:LUV)'s earnings per share growth ratio for the past 5 years was noted as 39.7% while revenue increase for the past 5 years was 10.4%. The stock tapped a 52-week high of US$76.11 while the 12-month Consensus Price Target is US$72.12. Southwest Airlines Company P/E (price to earnings) ratio is 10.26 and Forward P/E ratio of 9.94. (more...)
Hillary Clinton to Speak in Kansas City Today
- September 10, 2016
If she makes it to the White House, will her daughter Chelsea keep her ties with the Clinton Foundation? "It's always been about trying to live up to the responsibility described by the Prophet Micah", Clinton said. And it's important for us to recognize how, here in what you are doing, faith and works comes together". When her youth minister sent teenagers home with permission slips from their parents allowing them to ride in the church van to hear a speech by Martin Luther King Jr., ... (more...)
- September 10, 2016
If she makes it to the White House, will her daughter Chelsea keep her ties with the Clinton Foundation? "It's always been about trying to live up to the responsibility described by the Prophet Micah", Clinton said. And it's important for us to recognize how, here in what you are doing, faith and works comes together". When her youth minister sent teenagers home with permission slips from their parents allowing them to ride in the church van to hear a speech by Martin Luther King Jr., ... (more...)
Global leaders condemn North Korea's latest nuclear test
- September 10, 2016
President Barack Obama vowed Friday to push for new worldwide sanctions in retaliation for the "grave threat" posed by North Korea's latest nuclear test . The South Korean measurement would indicate a yield slightly smaller than the Little Boy at 10 kilotonnes, although calculating yield is hard and subject to the unknown variables in terrain and geology of the test site. (more...)
- September 10, 2016
President Barack Obama vowed Friday to push for new worldwide sanctions in retaliation for the "grave threat" posed by North Korea's latest nuclear test . The South Korean measurement would indicate a yield slightly smaller than the Little Boy at 10 kilotonnes, although calculating yield is hard and subject to the unknown variables in terrain and geology of the test site. (more...)
Yao Ming and Class of 2016 receive Hall of Fame jackets
- September 10, 2016
The report noted that this class is the "most memorable to date " in the organization's history as it was the first time they awarded orange jackets to the inductees as well as "unique Hall of Fame rings for the first time on Friday's gala". (more...)
- September 10, 2016
The report noted that this class is the "most memorable to date " in the organization's history as it was the first time they awarded orange jackets to the inductees as well as "unique Hall of Fame rings for the first time on Friday's gala". (more...)
HPE Third Quarter Earnings OverShadowed by Software Sell-Off
- September 10, 2016
The combined entity will have annual revenues of 4.5 billion United States dollars (£3.4 billion), creating one of the biggest software firms in the UK. According to Reuters , the addition of the HPE products will catapult "the little-known British firm into the top tier of European tech companies". The merger is still subject to closing conditions, but the transaction is expected to finalize in the third quarter of 2017. (more...)
- September 10, 2016
The combined entity will have annual revenues of 4.5 billion United States dollars (£3.4 billion), creating one of the biggest software firms in the UK. According to Reuters , the addition of the HPE products will catapult "the little-known British firm into the top tier of European tech companies". The merger is still subject to closing conditions, but the transaction is expected to finalize in the third quarter of 2017. (more...)
Markets Right Now: US stocks follow European indexes lower
- September 10, 2016
European stock markets dipped Thursday, Sept. 8, 2016, while the euro struck two-week highs against the dollar after the European Central Bank left its key interest rates unchanged and decided against extending the duration of its bond-buying stimulus program. (more...)
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- September 10, 2016
European stock markets dipped Thursday, Sept. 8, 2016, while the euro struck two-week highs against the dollar after the European Central Bank left its key interest rates unchanged and decided against extending the duration of its bond-buying stimulus program. (more...)
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