Markets


Fizzy drinks maker bitter over sugar tax Fizzy drinks maker bitter over sugar tax
- September 28, 2016

Barr said first-half sales dipped to £125.6 million, down from £130.3 million a year ago, though profits before exceptional items nudged up 0.5 per cent to £17 million. Pre-tax profits were also flat at £17m, after stripping out an exceptional pension-related credit. The soft drink maker said lower and no-sugar products had done better as consumers respond to negative press around added sugar drinks in the last six months. (more...)
Dollar Libor falls after remarks by Fed's Brainard Dollar Libor falls after remarks by Fed's Brainard
- September 28, 2016

The U.S. dollar rose against other major currencies on Tuesday as investors reassessed the possibility of a September rate hike. Anadarko stock dipped 23 cents to $57.56 and Freeport-McMoRan fell 99 cents, or 9 percent, to $10.09. USA stocks abruptly changed course again Tuesday and took large losses. Despite this, Australia's currency has not fallen as much as expected in response to cuts in interest rates that have taken the cash rate to a record low 1.5%, Reserve Bank of Australia ... (more...)
UK Oil Producers Say New Investment Vital Even as Costs Fall UK Oil Producers Say New Investment Vital Even as Costs Fall
- September 28, 2016

Oil and Gas UK's latest economic report states that the cost of extracting oil has almost halved since 2014, fuelling a 10 per cent increase in production levels, the first increase of its kind in 15 years. If you don't do that, by the end of this decade, production will really start to drop off. "While costs have fallen significantly and the fiscal regime has been improved, many potential investors are unable to access the finance they require to develop assets". (more...)
Pipe Bombs Found in Elizabeth, New Jersey Train Station, One Explodes
- September 28, 2016

They described the finding as "multiple improvised explosive devices ". After the explosion, press and bystanders were moved back because the four other explosive devices inside of the backpack were still believed to be live, Bollwage said . (more...)
Germany's 10-year Bund yield hits two-week low after Fed Germany's 10-year Bund yield hits two-week low after Fed
- September 28, 2016

The BOJ´s announcement initially sent the dollar up more than 1 percent to 102.79 yen, though the gains unravelled as investors realized that the overall market impact was far from obvious. The Australian dollar has climbed to a two-week high against the green back, as the US dollar weakened on the US Fed's decision. The Fed's decision, which came the same day that Japan's central bank added a long-term interest rate target to its massive asset-buying program in an overhaul of its policy ... (more...)
Saudi Arabia-Iran tensions ignite OPEC worries
- September 28, 2016

On the New York Mercantile Exchange, light, sweet crude futures for delivery in November CLX6, -0.41% traded at $45.86 a barrel, down $0.07 in the Globex electronic session. OPEC members seem doomed to disagree on whether to freeze production to reverse a collapse in oil prices. Fitch Group's research arm BMI Research was not expecting an agreementon the production freeze at the informal meeting on the back of the conflicts within OPEC , with tensions between Saudi Arabia and Iran the ... (more...)
Presidential Debate 2016: Chicagoans divided on whether Hillary Clinton, Donald Trump won
- September 28, 2016

While discussing national security, Trump accused Clinton and Obama of creating a "vacuum" in the Middle East, which Clinton fought back against veraciously as she fact-checked him on stage. "One down, two to go", Mrs. Clinton told the crowd at a campaign rally in Raleigh, North Carolina. Just tally the number of times Holt interrupted Trump and pressed him on follow up questions and then compare that number to Hillary's. (more...)
Senators accuse Yahoo of 'unacceptable' delay in hack discovery
- September 28, 2016

Warner also said that in its September 9 proxy statement filed with the SEC as part of the Verizon deal, Yahoo asserted that there "have not been any incidents of, or third-party claims challenging. The senators also requested a briefing to senate staffers on its incident response and how it intends to protect affected users. Security researchers from Bitcrack Cyber Security conducted a scan of custom domains that used Yahoo's business service to run their email server on Yahoo's ... (more...)
U.S., Israel sign $38 billion military aid package
- September 28, 2016

The deal is the largest ever delivered by the U.S. to any country in its history. The deal, known as a memorandum of understanding , or MOU, calls for $3.8bn a year in aid, up from $3.1bn (£2.4bn) annually under the current pact, which expires in 2018. (more...)
How Clinton won the debate twice
- September 28, 2016

Discussing his approach for their second debate next month, Trump said, "I may hit her harder in certain ways". The White House hopefuls sparred over temperament, judgment, trade, the economy, terrorism and other issues in a televised match-up Monday night that seemed to have gone in favor of the Democrat Clinton, according to most mainstream political analysts. (more...)
New law protects good Samaritans saving animals from locked vehicle New law protects good Samaritans saving animals from locked vehicle
- September 28, 2016

It was authored past year after several dogs died while trapped in hot cars. Be proactive - Use the "Flag as Inappropriate" link at the upper right corner of each comment to let us know of abusive posts. Police officials strongly urge pet owners to leave animals at home whenever possible to avoid putting them in a unsafe and illegal situation. "By the time a citizen spots an animal trapped in a hot vehicle the situation is often dire, and requires immediate action", he said. (more...)
Tom Holland Takes 'Spider-Man: Homecoming' to New York City!
- September 28, 2016

Yes, as you can discover in the pictures below, Peter Parker will be armed with a pajama ... We laugh and we really like the style of Peter! We've never seen Peter do this in a Spidey film before, but it gives it a nice touch as it conveys that Parker is an inexperienced superhero who's just trying to get by . (more...)
Uber's Chinese rival Didi Chuxing invests in bike sharing platform Ofo Uber's Chinese rival Didi Chuxing invests in bike sharing platform Ofo
- September 28, 2016

According to a statement released by Didi, this deal is part of a "multi-layered partnership" in the area of urban mobility. The two companies did not disclose specific dollar amount of the investment. Ofo, whose name resembles a bicycle, was originally established as a student start-up project in the campus of Peking University two years ago. Didi has the technology infrastructure to support any kind of service that requires logistical organization, and it already offers taxis, auto ... (more...)
Wells Fargo CEO forfeits millions as company launches probe
- September 28, 2016

Wells Fargo said Tolstedt, who has left the company ahead of her scheduled year-end retirement, has agreed not to exercise those options as independent directors carry out a newly-announced investigation into the scandal. The decision comes just weeks after Wells Fargo was fined $185 million by the Consumer Financial Protection Bureau (CFPB) for illegal banking practices. (more...)
Caesars strikes deal to end main unit's bankruptcy Caesars strikes deal to end main unit's bankruptcy
- September 28, 2016

The owner of Caesars Palace casino in Las Vegas has agreed a deal with creditors that would pull the company out of bankruptcy next year. Singer had objected to the altered plan because Caesars planned to pay previously disgruntled creditors with $300 million taken from a kitty to be used to pay first-lien creditors, including Elliott. (more...)
Number of chronically stressed companies rise: Credit Suisse Number of chronically stressed companies rise: Credit Suisse
- September 28, 2016

Credit Suisse's sample of 3,700 listed non-financial companies has an aggregate debt of around United States dollars 500 billion. The report also shows that the higher the proportion of women in senior management, the better the company's return to shareholders. (more...)
Clinton pips Trump in bruising first debate
- September 28, 2016

The figure includes the approximately 45 million who watched the 90-minute debate on the four main TV networks, as well as millions more who watched cable channels CNN , MSNBC, Fox News and other smaller outlets, CNN said. . And I decided I shouldn't do it because her daughter was in the room'. Mrs. Clinton said she'd leave it to the media and fact-checkers to sort through Mr. (more...)
Washington mall shooter Arcan Cetin confesses to murders
- September 28, 2016

Burlington is about 65 miles (105km) north of Seattle. Cetin appeared in court Monday and was ordered held on $2 million bail. A man accused of killing five people in just 60 seconds at a Washington state mall had "mental health issues", his stepfather said Monday as court records showed he had been diagnosed with anxiety and depression. (more...)
Clinton campaigns in Raleigh day after first debate
- September 28, 2016

But if Trump takes the lead in the remaining weeks of the campaign, "the yen could surge to 95 against the dollar, owing to such factors as political turmoil and a delayed USA rate hike", said Yoichiro Yamaguchi of Sumitomo Mitsui Banking Corp. (more...)
In Yahoo breach, foreign hackers may be playing 'long game'
- September 28, 2016

It insisted unprotected passwords, payment card data and bank account information was safe. The hack on Yahoo that compromised the personal data of at least 500 million users is raising "serious questions" among European Union privacy regulators. (more...)

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