Markets


Gold price hits 5-1/2 month low on strong dollar
- November 20, 2016

Platinum fell 0.8 percent to $926.34 an ounce and is down 2 percent this week. The dollar extended gains across the board in Asian trade on Friday (Nov 18) as investors honed in on bullish comments from Federal Reserve boss Janet Yellen on interest rates. (more...)
Goldman On OPEC & Oil Risk In 2017
- November 20, 2016

Gulf Opec sources have said they wanted Iran to cap output at around 3.6-3.7mn bpd - the volume the Islamic Republic is now producing, according to Opec estimates. Prices rallied on Tuesday amid reports that several OPEC members were engaged in a last-minute push to overcome divisions between the cartel's biggest producers. (more...)
Trump calls marriage equality 'settled' but somehow says abortion isn't
- November 20, 2016

Reiterating his pro-life stance, the President-elect said each state would decide on the issue of abortion if the Roe v. Wade ruling were overturned. "It has lasted through a number of anti-choice administrations, including those who vowed to put justices on the court that would overturn Roe v. Wade ". (more...)
Attack-minded Westbrook as Thunder roll Rockets
- November 20, 2016

That preserved the advantage and set the stage for Westbrook's thunder dunk over Rockets centre Clint Capela to ice the victory. In the same issue, Durant said that he and Westbrook did not communicate during his decision process. I have to admit - I get giddy every time I hear the sound of that match up as it's going to be a blood bath and off to the races to see which of these is the greatest. (more...)
Jerry Jones: Tony Romo isn't going anywhere
- November 20, 2016

Prescott was supposed to be the Cowboys' third-string quarterback, but he moved into the backup role after an injury to the second quarterback on the depth chart. "We talk about it all the time , but when you can have an impact like that and see a guy come along on the field, the skill set he brings, how competitive he is and then the growth that goes with it, he's a brother of mine". (more...)
VW cuts 30000 jobs to push into electric cars
- November 20, 2016

It is weighed down by high labor and manufacturing costs in Germany, too many unprofitable or low- margin vehicle models, and years of unbridled capital spending as the company raced to overtake Toyota and GM with little regard to cost. Volkswagen had installed a clever piece of software in its diesel automobiles. It is estimated that 11 million cars throughout the world are programmed with the misleading software. (more...)
CODE ORANGE: Raging wildfires worsen air quality around Charlotte
- November 20, 2016

More than 200 people were working to keep flames contained. "We have units available to assist", Edward Nieto said. The Party Rock Fire has burned almost 5,000 acres, and Tillotson said it has been especially aggressive, making it the second-highest priority fire in the country. (more...)
Banks warn staff over unauthorised exchange of notes
- November 20, 2016

India's largest commercial bank also said that total amount of deposits have been coming down and withdrawals are going up. Also, a Task Force was set up to expedite process of recalibration of ATMs as well as draw up action plan and ensure implementation of this action plan for quick changeover to enable them to dispense new bank notes of Rs 500 and Rs 2000. (more...)
DraftKings & FanDuel Announce Merger
- November 20, 2016

Daily fantasy sports operators DraftKings and FanDuel have finally confirmed plans to merge their businesses, although details on how this "strategic marriage of equals" will play out remain thin. Daily fantasy sports sites DraftKings Inc. and FanDuel Inc. have agreed to set aside their bitter rivalry and become one as they face down regulatory and legal challenges to their business. (more...)
October jobs report: Unemployment rates level off in Orlando, state
- November 20, 2016

The data show that Monroe County had the state's lowest unemployment rate, at 3.3 percent. The establishment survey, which is conducted by the Bureau of Labor Statistics (BLS), a division of the U.S. Columbus was among seven metro areas to see lower first-time unemployment claims year over year, with 56 fewer people seeking assistance. Monthly unemployment rates usually drop in Mesa County with seasonal hiring at the end of the year only to spike after the holidays. (more...)
Operation to rescue people stranded in NZ quake
- November 20, 2016

The town was still cut off on Monday by landslips that covered road and rail links in both directions. Railway tracks of the main trunk railway line are displaced by a massive landslide that also blocks State Highway One following an natural disaster on the coastline, north of Kaikoura, New Zealand Monday, Nov. (more...)
Drought kills 102 million trees in California, says report Drought kills 102 million trees in California, says report
- November 20, 2016

The Forest Service also identified increasing mortality in the northern part of the state, including Siskiyou, Modoc, Plumas and Lassen counties. And millions more are weakened and expected to die in the coming months and years, officials warned. (more...)
Trump Willing to Keep Parts of Obamacare, Stays Mum on Clinton Prosecution Trump Willing to Keep Parts of Obamacare, Stays Mum on Clinton Prosecution
- November 20, 2016

On the trail, Trump called for "repealing and replacing the disaster known as Obamacare". It may not be entirely surprising that Trump is, at least partially, changing his tune on a policy he's consistently said he despises. Trump also denied that there would be a gap between the repeal of Obamacare and his own plan that would leave these people vulnerable. In his first interview since his election, Mr Trump said one priority was moving "quickly" on the President's health ... (more...)
Plane Carrying 4 Crashes, Causes Explosions in Nevada
- November 20, 2016

A former Richmond paramedic and firefighter was among the victims of a fiery medical plane crash in Elko, Nevada, on Friday night. Ms Urresti achieved her dream, starting work for American Medflight two months ago, and she was engaged to be married in May, Debibi Urresti said . (more...)
Teva Pharmaceutical Industries Ltd. (TEVA) Shares Bought by BNP Paribas Arbitrage SA Teva Pharmaceutical Industries Ltd. (TEVA) Shares Bought by BNP Paribas Arbitrage SA
- November 20, 2016

Schafer Cullen Capital Management Inc. raised its position in Teva Pharmaceutical Industries by 43.5% in the third quarter. Teva Pharmaceutical Industries Limited closed its last trading session at $38.07 with the gain of 2.15%. Teva Pharmaceutical Industries had a net margin of 8.81% and a return on equity of 16.75%. For the next 5 years, the company is expected to grow by 3.67 percent. (more...)
Ford Motor Company (F) to Keep Lincoln MKC in Kentucky
- November 20, 2016

Trump's declaration was met with some derision since Ford had not publicly announced plans to move the Lincoln MKC production. It said the move would create 2,000 new jobs. Executive Chairman Bill Ford Jr.to keep its Lincoln plant in Kentucky instead of moving it to Mexico. "Tonight they delivered" the governor wrote, adding "TY", or thank you. (more...)
Ondo State poll: Buhari calls for support of APC candidate Ondo State poll: Buhari calls for support of APC candidate
- November 20, 2016

Lasun Yusuf, chairman, Progressive Governor Forum and Imo State governor, Rochas Okorocha, chairman, National Campaign Committee, Gov Solomon Lalong, Borno State governor, Kashim Shetima, Ogun State governor, Ibikunle Amosun and Bauchi State governor, Mohammed Abubakar, and the national chairman of the party, John Odigie Oyegun. (more...)
Second Opinion - Fantastic Beasts and Where to Find Them (2016)
- November 20, 2016

David Yates returns to the franchise after directing the final four instalments in the Harry Potter saga and manages to craft a film that'll no doubt please fans and newcomers, but lacks the subtle touches that made its British counterparts so enthralling for 10 years. (more...)
European Shares To Open On Lackluster Note; Bank Stocks In Focus European Shares To Open On Lackluster Note; Bank Stocks In Focus
- November 20, 2016

Last week's USA election result has prompted investors to ditch their conviction that growth in developed economies will remain tepid because of tough competition from emerging market economies with lower wages. Yellen said that delaying a hike in the policy rate, known as the federal funds rate, for too long could require the Fed to raise rates "relatively abruptly", which would raise the risks of a recession. (more...)
Malcolm Turnbull hopeful Donald Trump will change his mind on free trade
- November 20, 2016

He said it's still possible to save the 12-nation Trans-Pacific Partnership negotiated by the Obama administration by introducing cosmetic changes making it acceptable to the incoming US president or crafting a more limited pact among willing signatories that leaves out the U.S. (more...)