Markets


Anti-immigrant candidate Norbert Hofer defeated in closely-watched election
- December 06, 2016

Presidential candidate Norbert Hofer of Austria's Freedom Party, FPOE, speaks attends a news conference after the presidential election in Vienna, Austria, Tuesday, Dec. According to Reinhard Heinisch, professor of political science at Salzburg University, Van der Bellen's authentic, unconventional appearance played a key part in swinging the vote. (more...)
Tyson announces plans for $150 million venture fund
- December 06, 2016

AQR Capital Management LLC boosted its position in shares of Tyson Foods by 65.5% in the second quarter. Developing new and more-profitable products has become increasingly important to Tyson , a $20 billion company that estimates it produces 1 in 5 pounds of USA chicken, beef and pork. (more...)
Trump, Pence visit Carrier to announce deal to keep around 1000 jobs
- December 06, 2016

Dr. Carr asked. " Indiana is an obvious choice now because Mike Pence is still the governor". Apparently under pressure from Trump, Carrier announced this week it had agreed to keep more than 1,000 jobs at the plant and at its headquarters, while still planning to move more than 1,000 other U.S.jobs to Mexico. (more...)
Adani Australia mine project gets approval for rail line, camp
- December 06, 2016

Queensland Resources Council Chief Executive Ian Macfarlane said the mine would benefit Townsville and North Queensland, but the whole state would also be better off. "Malcom Turnbull has a clear choice", said Sinclair, asking him to "honour an iron clad election promise" or do a "dirty deal with Adani to use Australian taxpayers" money to fund a coal-carting railway line from the Galilee Basin to the Great Barrier Reef coast". (more...)
US Unemployment Is the Lowest It's Been in nearly a Decade
- December 06, 2016

The national unemployment rate also dropped to 4.6 percent, the lowest it's been since before the recession. And the drop in unemployment was due more to a reduction in the labor force than because new jobs were created: The labor force participation rate dropped to 62.7, down from 66.3 percent in November 2006. (more...)
Jackson, Watson among Heisman finalists
- December 06, 2016

Mayfield finished fourth in Heisman balloting previous year but was not invited to NY as a finalist . Mayfield and Westbrook are two of five finalists , along with Louisville's Lamar Jackson, Michigan's Jabrill Peppers and Clemson's Deshaun Watson . (more...)
Donald Trump, ex-Vice President Al Gore meet to talk climate policy Donald Trump, ex-Vice President Al Gore meet to talk climate policy
- December 06, 2016

Former Vice President Al Gore exits after a meeting with President-elect Donald Trump . Former Vice President Al Gore arrives at Trump Tower on Monday in New York City. The former US vice president Al Gore , in an interview with MSNBC's Chris Hayes, said of his conversation Monday with the president-elect, "The meeting was a good one, I thought". (more...)
Port player 'crashed into parked cars' Port player 'crashed into parked cars'
- December 06, 2016

Impey had left a pool party at teammate Angus Monfries' house, crashing his auto into Monfries' parked Audi about 7pm Saturday. No one was in the parked cars and no injuries were reported. "We're disappointed that we're in this situation", said Thomas, whose club is sponsored by auto company Renault. "Right now they will be training six days a week, and to have a few drinks in a pool on a warm afternoon is not out of the question, I think that would be unrealistic", Thomas said. (more...)
Trump again threatens big tariffs on U.S. companies that export jobs
- December 06, 2016

President-elect Donald Trump went on a bit of a tweetstorm Sunday morning , making clear any companies that move operations overseas during his administration would be making a "very expensive mistake." Why? In his Twitter posts, Trump said: "The U.S.is going to substantially reduce taxes and regulations on businesses, but any business that leaves our country for another country, fires its employees, builds a new factory or plant in the other country, and then thinks it will sell its ... (more...)
The best of Barca vs. Real 1-1 draw
- December 06, 2016

Messi also fired wide when well placed and Ramos made Barca pay for those misses in the last minute when he headed Modric's free kick home for an equalizing goal which keeps Madrid six clear at the top of the table. Don't they always? But the answer to that question is, "not as much as they do this season, and boy, does it show'". Even though he has led the team to eight trophies since taking charge in the summer of 2014, many fans are accusing manager Luis Enrique of betraying the ... (more...)
Ex-Dividend Reminder: CBS, Tegna and Wal-Mart Stores
- December 06, 2016

One Capital Management LLC's holdings in Wal-Mart Stores were worth $1,872,000 as of its most recent filing with the SEC. A number of other institutional investors have also recently modified their holdings of the company. TRADEMARK VIOLATION WARNING: This piece was first reported by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this news story on another website, it was stolen and republished in violation of United States and worldwide trademark and ... (more...)
US Employers Add 178000 Jobs as Unemployment Drops to 4.6 Percent
- December 06, 2016

The jobless rate eased to 6.8 per cent last month from 7 per cent in October. The U.S. economy produced another solid month of labor market growth, adding 178,000 net new jobs in November while the unemployment rate fell to a nine-year low, the Labor Department said Friday. (more...)
Kase, Gibson lead Ducks over Canucks Kase, Gibson lead Ducks over Canucks
- December 06, 2016

In 10 previous road games, van Riemsdyk and Marner had four points each (compared to 14 apiece at home) and Bozak had two (compared to 13). It's unfortunate it was staged. The Canucks are like Leonardo DiCaprio in The Revenant, mauled by a bear, smothered by an evil trapper and left to die alone in the brutally cold wilderness, rousing themselves from a shallow grave and staggering back to life. (more...)
Paytm wallet to move its business to payments bank company Paytm wallet to move its business to payments bank company
- December 06, 2016

The balance in the wallet could then be redeemed by a one-time transfer to their own bank accounts . Techcircle first reported in August that Alibaba's stake in One97 Communications will be transferred to the e-commerce business, and that Sharma will hold a majority stake in the payments business. (more...)
Russian Federation says Opec, non-Opec countries to discuss oil cuts
- December 06, 2016

Monday's gains take the rally since the Organisation of the Petroleum Exporting Countries' agreement was struck on Wednesday to 19 per cent for Brent and 16 per cent for USA crude. The market remained leary that cuts by non-OPEC members, in tandem with the OPEC cuts, would be sufficient. Oil futures slipped on Monday, giving back ground following last week's sharp rally touched off by a new supply agreement by OPEC. (more...)
Cyrus Mistry caused huge financial loss to group firms, says Tata Sons Cyrus Mistry caused huge financial loss to group firms, says Tata Sons
- December 06, 2016

These trustees tried to take indirect control by directly seeking information about individual Tata group firms, dictating decisions on starting a new business and getting involved in the day-to-day business of listed firms, said the letter. (more...)
Standing Rock pipeline protesters score major victory, but vow to remain
- December 06, 2016

In a statement, Standing Rock Sioux Tribal Chairman Dave Archambault II said the tribe welcomed the decision, but he also sounded a note of caution saying he hoped the incoming Donald Trump administration would "respect this decision and understand the complex process that led us to this point". (more...)
Gold prices ease, surrender gains on dollar strength Gold prices ease, surrender gains on dollar strength
- December 06, 2016

If the Fed signals that this month's rise is the beginning of a pattern, gold could have further to fall. The dollar has scaled back from near 14-year highs of 102.05 hit on November 24 on the back of a surge in US Treasury yields triggered by expectations of higher fiscal impulse and faster pace of monetary tightening under president-elect Donald Trump. (more...)
Lego's CEO Knudstorp to step down by year-end Lego's CEO Knudstorp to step down by year-end
- December 06, 2016

From 2005 to 2015, Knudstorp helped revenue jump five-fold to 35.8 billion kroner (RM23 billion). Under extrovert, quirky CEO Knudstorp, Lego overtook My Little Pony producer Hasbro to become the world's second-largest toy company. Previous year the company posted revenues of $5.2bn (£4bn), meaning it is the world's second-largest toy company after Mattel, the Barbie and Hotwheels maker. (more...)
Unemployment rate tumbles to a 9-year low Unemployment rate tumbles to a 9-year low
- December 06, 2016

Wages slipped for the first time in almost a year though after two straight months of increases. The report , which is the last major labor market report before the U.S. That helped lower an alternative gauge of unemployment that also includes involuntary part-time workers and discouraged would-be workers, to 9.3 percent, the lowest since 2008. (more...)

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