Markets


United Kingdom economy suffers just slight slowdown in three months after Brexit
- November 03, 2016

The ONS said there was little evidence of a "pronounced" impact on the economy in the immediate fallout of the European Union referendum result. The higher-than-expected GDP figure was driven by the services industry, which grew by 0.8% between July and September. (more...)
Election official: Absentee ballot voters skipping questions about referendums Election official: Absentee ballot voters skipping questions about referendums
- November 03, 2016

Both slates can not be selected because California is limited to 55 votes in the Electoral College. As of Tuesday morning , 80,134 Manatee County voters, or 34.68 percent of those registered to vote, have cast their ballots: 54,384 mail ballots have been received; and another 25,750 have been cast at five early voting locations . (more...)
Amazing Tesla Solar Roof Tiles Unveiled
- November 03, 2016

EDT (2100 GMT). Similarly, shares of solar panel installer SolarCity fell another 3.5 percent after falling 2.7 percent during regular trading at $19.07. However, the tiles only collect 98 per cent of the energy that traditional solar panels provide, though Tesla is working on improving the coatings of the tiling, which may improve efficiency. (more...)
Bundy brothers leave Oregon jail for Nevada Bundy brothers leave Oregon jail for Nevada
- November 03, 2016

Meanwhile, the brothers' expected arrival in custody in Nevada is spurring behind-the-scenes activity ahead of a scheduled February trial stemming from an April 2014 standoff with USA authorities outside Las Vegas. Bundy, 41, of Emmett, Idaho, testified that he proposed the armed takeover to draw attention to the case of two OR ranchers that he believes were unjustly imprisoned for setting fire to public land and to protest federal mismanagement of vast tracts of lands in the West. (more...)
'Completely uncomfortable' with Brazile-Clinton campaign contacts 'Completely uncomfortable' with Brazile-Clinton campaign contacts
- November 03, 2016

In response to the revelations, CNN said Monday that Brazile, who had been on a suspended contract since she assumed the leadership of the DNC earlier this year, had resigned on October 14 , after a previously released email raised similar questions. (more...)
The UK construction sector looked stronger in October
- November 03, 2016

The 50 point mark separates expansion from contraction. "The weaker pound is supporting improving demand from export customers, but price rises from higher import costs are becoming more significant and will be felt in consumers' pockets sooner rather than later", said Lee Hopley of the EEF manufacturers' organisation. (more...)
Suspect arrested in ambush-style shooting of two police officers Suspect arrested in ambush-style shooting of two police officers
- November 03, 2016

The body of a second officer, who has been identified as Des Moines Sgt. Anthony Beminio, was found about three miles away in his police vehicle. He is suspected of carrying out the the early-morning killings of 24-year-old Justin Martin , who had been with the force in the Des Moines suburb of Urbandale since 2015, and Sergeant Anthony Beminio, 38, who joined the Des Moines department in 2005. (more...)
Early voting still going strong at Election Board Early voting still going strong at Election Board
- November 03, 2016

That's not to say that allowing early voting is a bad thing. El Paso County ballots have been much more red than the other high-return counties, with 43,371 ballots from Republicans, 24,439 Democrats and 23,371 from unaffiliated voters. (more...)
Australia's central bank keeps interest rates at record low
- November 03, 2016

At the end of a two-day meeting on Wednesday, the Fed's rate-setting Federal Open Market Committee held the target for the federal funds rate at 0.25-0.5 percent. As widely expected, the Federal Reserve left short-term interest rates unchanged with the presidential election just days away. The statement noted that the unemployment rate has changed little in recent months. (more...)
Post-Mistry, Ratan Tata hints at changes in Tata Group
- November 03, 2016

With the appointments of Speth and Chandrashekharan, the Tata Sons board has expanded to 12 members. "I am proud of all of you and let us continue to build this group together". Mr. Mistry, for his part, laid the onus on the Tatas and signalled he was yet to decide on his next course of action. On Tuesday, Tata Sons preempted any move from Mistry, and the Shapoorji Pallonji Group, to surprise it through the courts by filing separate caveats with the Supreme Court, Delhi High Court and the ... (more...)
Fed holds rates steady, sets stage for December hike
- November 03, 2016

Officials have indicated that they generally expect to increase rates twice next year. When leaving rates unchanged in September, the FOMC acknowledged the case for tightening policy had "strengthened". At the meeting prior to raising rates past year, the Fed firmly signalled its intentions by including a reference to possibly raising rates "at its next meeting". (more...)
McIlroy shares seventh place in Shanghai
- November 03, 2016

Sweden's Rikard Karlberg leads on eight-under after a damp first round of the $9.5 million event dubbed "Asia's Major", where Rory McIlroy's putter proved as cool as the conditions. "Stress-free, simple round". Knox meanwhile soaked in all the positives of his opening round and believes his mental approach towards his game was key to his promising first round effort. (more...)
'Smooth sailing' as Hideki Matsuyama creates history at WGC-HSBC Champions
- November 03, 2016

Greg Owen (67) and Seamus Power (69) were for second, and Lucas Glover (69), Trey Mullinax (70), Graham DeLaet (69) and Brandon Hagy (68) were three strokes back. The 27-year-old Chinese star beat Suzann Pettersen by three strokes at TPC Kuala Lumpur, shooting a 4-under 67 after finishing off a third-round 64 in the morning. (more...)
Australia's Dreamworld reopens on Friday after accident
- November 03, 2016

We are all in shock and mourning . Low's son was one of two children who survived when the flume, carrying six people , "flipped" on the Thunder River Rapids Ride on Tuesday. Dreamworld chief executive officer Craig Davidson said no attraction in the park would reopen until internal and external audits were completed and were reviewed by independent experts and the regulator. (more...)
Cleveland on Verge of Blowing 3-1 Series Lead
- November 03, 2016

Chapman wasn't what Maddon was asked about in this question - it was about Kyle Hendricks' optimistic demeanor - but Maddon's answer encapsulated what the blowback will be if Chapman's services are needed in Game 7 and he's either unavailable or ineffective. (more...)
Oil prices fall for fourth day after stockpile build Oil prices fall for fourth day after stockpile build
- November 03, 2016

Member states will meet again later this month - their final opportunity to reach a detailed outline on production cuts before they're scheduled to submit their agenda to ministers on November 30. Elsewhere, for January delivery on the ICE Futures Exchange in London sank 52 cents, or 1.08%, to $47.62 a barrel, after touching a session low of $47.53, the weakest level since September 28. (more...)
Clinton Campaign Manager Responds to FBI Bombshell, Donald Trump's ..
- November 03, 2016

Comey's actions Friday have roiled the White House race, energizing Trump as polls had shown him sliding and unnerved Democrats already anxious about the presidency and down-ballot congressional races. On Thursday, the day before Comey's announcement, Clinton led Trump by 43 percent to 37 percent. "Reading Sen. Reid's letter , its obvious that he has been briefed by the FBI on such an investigation", said Michael McFaul, a former USA ambassador to Moscow under Clinton when she was ... (more...)
Tesla posts quarterly profit, second in history as public company
- November 03, 2016

This raise would fund its growth plans and provide ample liquidity to survive the next downturn. Tesla can maintain its net income for the fourth quarter without the the credits, said Tesla CEO Elon Musk. The consensus Q3 EPS estimate on Tesla Motors has drifted down to -$0.04, according to the latest tabulation from FactSet . The company has set a goal of selling 500,000 vehicles by 2018 . (more...)
Trump more honest than Clinton Trump more honest than Clinton
- November 03, 2016

Law enforcement officials have been investigating Russia's role in the presidential campaign and any ties to Trump or his senior advisers, but have found no conclusive, direct link, the New York Times reported on Monday. On his Twitter account, Trump hailed the latest poll, saying: "Wow, now leading in ABC /washingtonpost Poll 46 to 45". It's also at odds with other polls conducted recently, which show Clinton with a small but steady lead. (more...)
Fitbit stock tanks 30% on lousy sales Fitbit stock tanks 30% on lousy sales
- November 03, 2016

Fitbit forecast revenue of $US725 million to $US750 million for the Christmas quarter, well below analysts' estimates of $US985.1 million, according to Thomson Reuters I/B/E/S. San Francisco-based Fitbit earned 19 cents a share excluding items, down 21% year over year but in line with Wall Street's consensus target, in the quarter ended October 1. (more...)