Markets


Mondi PLC (LON:MNDI) Receives Outperform Rating From Credit Suisse Analysts
- October 24, 2016

Acacia Mining Plc (LON:ACA) had its stock rating reiterated as "Buy" in a report released by analysts at Jefferies International. Barclays PLC restated an "underweight" rating and set a GBX 1,860 ($22.67) price objective on shares of Fidessa Group plc in a research report on Tuesday, August 2nd. (more...)
Turkey Has 'Plan B' if Not Involved in Mosul Offensive - President Erdogan Turkey Has 'Plan B' if Not Involved in Mosul Offensive - President Erdogan
- October 24, 2016

An ugly public feud between two key US allies in the fight against the Islamic State will not affect plans for recapturing a key city from the group, a Pentagon spokesman said Wednesday. Turkey says Iraq invited their troops to come to Iraq to train fighters, but Iraq has denied such claims. Mr.al-Abadi and President Obama have repeatedly said that the Islamic State would be driven out of Mosul by the end of the year, yet delays in planning for the operation have put that ... (more...)
Authorities: 2 roadblocks near pipeline protest
- October 24, 2016

Protesters say the pipeline will damage the environment and affect historically significant Native American tribal lands. TAHLEQUAH, Okla. - The Cherokee Nation of Oklahoma has donated $10,000 to the Standing Rock Sioux Tribe in North Dakota to support its fight against the Dakota Access Pipeline. (more...)
AT&T, Time Warner deal faces tough regulatory fight AT&T, Time Warner deal faces tough regulatory fight
- October 24, 2016

AT&T will pay $110 per Time Warner share in cash and stock, or about $85 billion overall, sources told Reuters . The New York media company owns HBO, CNN, Cartoon Network, TBS and Hollywood's largest film and TV studio, Warner Bros. (more...)
Cyber attack disrupts internet service across US, Europe
- October 24, 2016

In a statement on its website , Dyn posted information about the incidents and said it had been subjected to Distributed Denial of Service (DDoS) attacks. However later Friday the affected areas had spread to parts of the Midwest and California. Dyn said it first became aware of the attack shortly after 7am ET on Friday. (more...)
Obama heads to the West aiming to boost Democrats' prospects Obama heads to the West aiming to boost Democrats' prospects
- October 24, 2016

Obama's comments. The president said he had a congressional majority that delivered and was willing to take tough votes. "And how have they helped you?" Mrs Obama earned praise from Mrs Clinton recently for a withering critique of Mr Trump and his "intolerable" attitude towards women. (more...)
Tesla: All new cars to have self-driving hardware
- October 24, 2016

With the high end technology Musk says that it will be a super computer in a auto. Models which Tesla are already building, including the Model S and Model X, as well as the upcoming Model 3, will all receive the necessary hardware which includes cameras, ultrasound sensors and radar. (more...)
Terror police investigate suspicious item on UK subway
- October 24, 2016

But TFL have confirmed that tickets will be accepted on local buses. Commuters are advised to check their journey before travelling. A spokesman for the O2 Arena, which is now cordoned off, confirmed that the Nickelback concert scheduled for this evening will go ahead as planned. (more...)
Trump and Clinton carry campaign barbs into NY charity dinner
- October 24, 2016

A fresh set of polling out Friday showed Donald Trump continues to face a hard path to winning the White House in key states - including being deadlocked in a reliably Republican Southern state. "Then you're doing the work of our adversaries for them", Obama said. An average of national opinion polls by RealClearPolitics shows Clinton 6.2 percentage points ahead at 48.1 percent support to Trump's 41.9 percent. (more...)
Fed says several FOMC members saw rate rise relatively soon
- October 24, 2016

Some members indicated that a rate hike might be appropriate " relatively soon ". But they made a decision to hold off, given that inflation was still running below their 2 percent target and there was little sign of rising wage pressures. At their September 20-21 session, the Federal Open Market Committee voted 7-3 to leave interest rates unchanged. "Most of us judged that the case for an immediate increase in the federal funds rate is stronger, but that it would be sensible.to wait to ... (more...)
California's Unemployment Rate Holds Steady In September At 5.5 Percent
- October 24, 2016

Just as encouragingly, the number of people who live in Flagler County and hold jobs increased in September by 350, to 42,703, an increase of 1,675 job-holders over the year, or 4 percent. Grand Island posted a jobless rate of 3.2%, down a tenth from August and up a tenth from previous year, while the Scottsbluff Micropolitan Statistical Area was at 3.6%, down 2-10ths from August. (more...)
Euro zone businesses have strongest month this year in October - PMI
- October 24, 2016

Meanwhile, new orders placed with manufacturers continued to rise at a solid pace. France's long-struggling manufacturing sector also unexpectedly returned to growth in September although overall private sector activity expanded at a slower pace due to weaker than forecast service sector business. (more...)
Google releases Android 7.1 preview for Nexus 6P, 5X, and Pixel C
- October 24, 2016

So if you're running a Nexus , a Pixel , a Samsung device, or even a Moto E, you can download the Google Wallpapers app now . While Android 7 .0 is yet to hit most Android devices, the company has released the latest developer preview that brings some new additions to the Nougat update. (more...)
Who Won the Nobel Prize for Economics in 2016?
- October 24, 2016

As such, his study is pivotal in helping to understand "the proper mix of debt and equity financing", and clarifies which institutions should be publicly owned and which can be privately owned. In later work, he generalised those results to more realistic settings, such as when employees are not only rewarded with pay, but also with potential promotion, or when individual members of a team can coast on the efforts of others. (more...)
Massive cyberattack turned ordinary devices into weapons
- October 24, 2016

According to Reuters report, the attackers used hundreds of thousands of internet-connected device with "malicious code" that permitted them to cause outages that began in the U.S. DDoS attacks are typically aimed at a single website. It used to be thought of as a relatively unsophisticated instrument, and many forms of DDoS attack can be easily repelled, once the target of the attack realizes what is going on. (more...)
Download Android 7.1 Developer Preview OTA and Factory Images
- October 24, 2016

Via the Android Developers Blog , we now know that Google has officially released the first beta of Android 7.1 for testing on Nexus devices. Not so long ago, Google said the Android 7.1 Nougat Developer Preview will soon be making its way to the Nexus 6P, 5X and Pixel C. (more...)
Oil Holds Above $50 as Russia Weighs Boost, Nigeria Cuts Prices
- October 24, 2016

The collective profit-taking fueled forecasts of a bullish market ahead of OPEC's November 30 meeting, at which the 14-member cartel is expected to cap production to between 32.5 million and 33 million barrels per day. Oil prices have risen more than 15 percent over the past three weeks after OPEC announced plans to remove some 700,000 barrels per day of production from a global crude glut of 1.0 million-1.5 million bpd estimated by analysts. (more...)
Energy costs fuel increase in USA consumer prices
- October 24, 2016

For the year to the end of September, CPI inflation was 0.2 percent, following rises of 0.4 percent for both the June and March years, and a 16-year low of 0.1 percent in the year to December 2015. The all items index rose 1.5% for the 12 months ending September, its largest 12-month increase since October 2014. Yet the Fed's preferred inflation gauge has risen less than 1 percent in the past year. (more...)
London City Airport Evacuated After London City Airport Evacuated After "Chemical Incident"
- October 24, 2016

Special teams trained in dealing with hazardous substances were also rushed to the scene and started to run tests in order to determine what substance was leaked. "I saw something on Twitter about it being a possible chemical incident". People are less fraught. The alarm was raised at 4.11pm on Friday. These are the twin centres of London's financial industry, which is a major user of the airport. (more...)
Trump Suggests Tepid Support From Ryan Due to His 2020 Aspirations
- October 24, 2016

Her campaign announced Monday that it was launching a new push in Arizona, including a campaign stop in Phoenix by first lady Michelle Obama, one of Clinton's most effective surrogates. Clinton still has vulnerabilities that could impact voter turnout and enthusiasm. Backstage, Trump said he's not sure Ryan wants him to win in November. (more...)