Markets


In a rare moment of pause, Abbas and Netanyahu shake hands
- October 12, 2016

Peres, who died on Wednesday aged 93, won a Nobel Prize for his peace efforts with the Palestinians in the 1990s. The last substantial public meeting between Abbas and Netanyahu was in 2010, though there have been unconfirmed reports of secret meetings since then. (more...)
Things to know about Backpage.com and its newly arrested CEO
- October 12, 2016

Texas' attorney general's office added money-laundering to the list of alleged crimes. Texas and California investigators found evidence that many advertisements appearing in Backpage's "escorts" section involved adult and child sex trafficking victims, California Attorney General Kamala D. (more...)
Oil falls from one-year highs as investors question OPEC deal Oil falls from one-year highs as investors question OPEC deal
- October 12, 2016

They aim to draw up a plan before a meeting November 30 in Vienna. Analysts worry that production of USA shale oil, crimped this year by prices as low as almost $26 a barrel, will begin to increase again if crude prices maintain their recent upward momentum. (more...)
Financial Pundits' Confidence in German Outlook Improves, but Banks Remain Worry Financial Pundits' Confidence in German Outlook Improves, but Banks Remain Worry
- October 12, 2016

The index is still below the long-term average of 24.1 with underlying reservations surrounding the financial sector having a negative impact. Closely watched gauges of analysts' and investors' sentiment about the German and wider eurozone economies improved on Tuesday, though the ZEW research institute said worries about German banks form a cloud on the horizon. (more...)
Khloe Kardashian opens up about Kim's robbery, says "she's not doing well"
- October 12, 2016

Obviously, Kim Kardashian has gathered her whole family around her during a time when she must understandably be feeling extremely vulnerable. The site had alleged there was evidence Kim had staged the robbery with the help of her mother Kris Jenner . (more...)
Hurricane leaves 800 dead in Haiti; 'worst' yet to come
- October 12, 2016

Wind speeds had fallen by almost half from their peak about a week ago to 75 miles per hour, reducing the storm to a Category 1 hurricane, the weakest on the Saffir-Simpson scale of 1 to 5. Hurricane Matthew shows its strength as it enters Florida causing heavy rains, power interruptions and storm surges along the Florida coast. Gov. (more...)
What's up with the Samsung Galaxy Note7 smartphone?
- October 12, 2016

The announcement follows several new incidents of overheating last week and deals a further blow to the world's largest smartphone company. In addition, South Korean safety authorities said Tuesday that they may have found a new defect that may not be related to the batteries. (more...)
Toyota recalls 340000 Prius hybrid cars for faulty brakes Toyota recalls 340000 Prius hybrid cars for faulty brakes
- October 12, 2016

He said he first spoke about a partnership with Toyota with Honorary Chairman and former President Shoichiro Toyoda, the father of current CEO Akio Toyoda. Suzuki does not have a hybrid, electric auto or fuel cell vehicle in its lineup. I am appreciative that Suzuki is able to start discussions with Toyota to explore ideas on a partnership. (more...)
Leaders visit hospital to enquire about Jayalalithaa's health
- October 12, 2016

In brief remarks after visiting the hospital, Rahul said, "I wanted to give my support and Congress president's support to the chief minister". Tamil Nadu Chief Minister Jayalalithaa continues to be under treatment and is being "constantly monitored by experts, a statement from Apollo Hospitals said on Monday". (more...)
Hurricane Matthew, Storm Surge Hits Florida
- October 12, 2016

Although Matthew had weakened some since Thursday, its maximum sustained winds were still 115 miles per hour Friday afternoon, making it a powerful Category 3 hurricane. In Florida, two people were killed by falling trees and an elderly couple died of carbon monoxide poisoning from a generator while sheltering from the storm. (more...)
Post-Lewd Tape Poll Shows Clinton With Double-Digit Lead Over Trump
- October 12, 2016

Second presidential debates tend to attract smaller TV audiences, but attention was high going into Sunday's match-up after the emergence of the Trump video prompted several Republican politicians to abandon him. Beck, who left the GOP in 2015 because he was concerned it was not conservative enough, said he would support a lesser-known third-party candidate, Darrell Castle of the Constitution Party. (more...)
'Time is running out': Photos show extreme damage from Hurricane Matthew 'Time is running out': Photos show extreme damage from Hurricane Matthew
- October 12, 2016

The identity of the woman has not been released. In Haiti, where Matthew made landfall on Tuesday as a Category 4 hurricane, at least 877 people were killed, Reuters reported . "I emphasize this is still a really unsafe hurricane", he added. Obama has declared a state of emergency in several states, to allow federal funds to be used for disaster relief. (more...)
Buffett hits back at Trump over tax comments Buffett hits back at Trump over tax comments
- October 12, 2016

Billionaire investor Warren Buffett denied on Monday an allegation by Republican presidential candidate Donald Trump that he, like Trump, had taken "a massive deduction" that allowed him to avoid federal income taxes. Tax law properly limits charitable deductions", Buffett said. We're cutting taxes for the middle class, and I will tell you, we are cutting them big league for the middle class. (more...)
'Apprentice' Producer Mark Burnett Addresses Alleged Donald Trump Tapes
- October 12, 2016

USA studio MGM and The Apprentice creator Mark Burnett have said they can not release footage from the reality programme that may show lewd behaviour from Donald Trump . In the joint statement, Burnett and MGM said Burnett "has consistently supported Democratic campaigns ". A Twitter account appearing to belong to " The Apprentice " season 1 and 2 producer Bill Pruitt said the comments that have been released are only the beginning. (more...)
Court Hears Confession Of Stephanie Scott's Killer: Court Hears Confession Of Stephanie Scott's Killer: "I Went A Little Nuts"
- October 12, 2016

He is expected to be sentenced on Thursday. In August Marcus Stanford was sentenced to one year and three months in jail after he had earlier pleaded guilty to being an accessory after the fact to murder. Stephanie Scott's body was found burnt in scrubland just one day before her wedding. Then, after he had put her body in the boot of her own vehicle, he used a high pressure cleaning system to clean the blood left behind in the storeroom where he killed Ms Scott . (more...)
Oil edges up before producer talks on output curbs
- October 12, 2016

Sechin said he doubted that some OPEC countries, such as Iran, Saudi Arabia and Venezuela would cut their output either, saying that an increase in oil prices above $50 per barrel would make shale oil projects in the United States profitable. (more...)
Ethiopia blames Egypt for forcing new state of emergency
- October 12, 2016

Last year, investors had been touting Ethiopia as a hot new investment destination, lauding the way the government has ramped up infrastructure spending and embraced foreign capital to propel economic growth at the fastest pace on the continent. (more...)
Not again! AT&T, Sprint will replace your Samsung Galaxy Note 7 replacement
- October 12, 2016

Meanwhile, fresh speculation is rife that a second recall of the handset could be just around the corner as it is nearly certain that Samsung could permanently withdraw its Note 7 promotion and sales across the globe. Samsung was able to rely on sales to other phone makers and computer manufacturers to offset the fallout from the Note 7 crisis in the three months through September, when operating profit exceeded analyst estimates. (more...)
LIRR derailment: Full service returns in time for Monday evening's commute
- October 12, 2016

The work train sideswiped a Huntington-bound passenger train just after 9 p.m. Saturday, knocking its first three cars off the south track and injuring 26 passengers and seven LIRR employees, officials said. - Full rush-hour service has been restored for the Monday evening commute on the Long Island Rail Road after a weekend derailment. Trucks delivered 40-foot-long pieces of steel rail to replace stretches of the track that were mangled in the derailment. (more...)
Oil Prices Hit Highest Point Since June
- October 12, 2016

The Energy Department reported Wednesday that commercial stockpiles fell by about 3 million barrels last week, the fifth consecutive week of declines. OPEC's current output stands at a record 33.6 million bpd. Traders said Thursday's fall reflected weaker physical crude after top exporter Saudi Arabia cut the price of its crudes to Asia for November in a sign that the global fuel glut persists. (more...)

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