Markets


Japanese chat app operator Line Corp soars in New York debut Japanese chat app operator Line Corp soars in New York debut
- July 15, 2016

The app has a lot of ground to cover in major Western markets, where Facebook Inc's Messenger and WhatsApp are dominant, and in China, where Tencent Holdings Ltd's WeChat is popular. Line was created after the 2011 natural disaster and tsunami in Japan as a way to overcome downed communications. One service allows users to create and sell their own characters, while Line's homegrown stable of stickers include the duck Sally, a sad-face bear called Brown and Cony the rabbit. (more...)
ED gets FTIL founder's custody ED gets FTIL founder's custody
- July 14, 2016

Hiten Venegaonkar, counsel for Enforcement Directorate (ED) had told the special judge Shridhar Bhosle that during investigation of scam related to National Spot Exchange Ltd (NSEL), ED officials found that several of the transactions showed by Jignesh Shah were bogus. (more...)
Senators Debate Final GMO Vote
- July 14, 2016

Pat Roberts (R-Kansas) and Debbie Stabenow (D-Michigan) is a workable compromise. The House version of the bill would make it optional for companies to label products with GMO ingredients and would ban states from putting in place their own labeling laws. (more...)
Broker Outlook For Chesapeake Energy Corporation (NYSE:CHK)
- July 14, 2016

Insiders own 0% percent of the stock. The firm earned $1.95 billion during the quarter, compared to analyst estimates of $2.55 billion. Chesapeake's 2016 first quarter revenues declined by 39% year over year, primarily due to a decrease in the average realized commodity prices received for its production. (more...)
Cameron heads out, May comes in: Drama in British politics
- July 14, 2016

And since last month's vote, for which he campaigned vigorously, Johnson had suffered widespread criticism and ridicule for failing to present a clear Brexit plan and swiftly dropping out of the leadership race. One of May's friends claimed to British news media Wednesday that Britain's new leader had actually wanted to be the United Kingdom's first female prime minister - and was disappointed when Thatcher beat her into the history books in 1979. (more...)
Tesla ends its resale value guarantee in North America
- July 14, 2016

Tesla Motors Inc said on Wednesday it had discontinued its resale value guarantee program that assured buyers that cars would retain value over time , and lowered the starting price of its Model X crossover, the second time it has lowered prices this year. (more...)
'Pretty Little Liars' recap: Hit and Run, Run, Run 'Pretty Little Liars' recap: Hit and Run, Run, Run
- July 14, 2016

Aria wants to go to the police and tell the truth about what happened, however Spencer and Emily don't think anyone will believe their story. Meanwhile, Emily will pack up Elliot's things in an overnight bag, making it look like he left town in a hurry. (more...)
Uncertainty for staff as Tata Steel announces new strategy
- July 14, 2016

Speaking after a board meeting in Mumbai , Tata said it had started talks with "strategic players in the steel industry". We will continue to communicate with our employees and inform and consult both works councils and trade unions as these discussions develop, " Hans Fischer, chief executive of Tata Steel Europe, commented. (more...)
Bank of Canada cuts 2016 growth forecast, warns on housing risks Bank of Canada cuts 2016 growth forecast, warns on housing risks
- July 14, 2016

The report also provided a more-detailed assessment of the effects of the huge Alberta wildfires that erupted in May. 2017 is cut to 2.2% from 2.3%. Real GDP is expected to grow by 1.3 per cent in 2016, 2.2 per cent in 2017, and 2.1 per cent in 2018. (more...)
Al Franken is anxious about Pokemon Go players' privacy Al Franken is anxious about Pokemon Go players' privacy
- July 14, 2016

We asked Patrick Moorhead, founder and principal analyst at Moor Insights & Strategy, if the various downsides to playing Pokemon Go should be cause for alarm. Since launch, the game has topped 7.5 million downloads and pulled in an average of $1.6 million a day in revenue, according to estimates from research firm SensorTower. (more...)
Stocks Gain, Setting a New Record High for S&P 500 Index Stocks Gain, Setting a New Record High for S&P 500 Index
- July 13, 2016

That is just 11 points below its previous high reached in May past year. The Dow Jones industrial average closed up 80.19 points or 0.44 per cent at 18,226.93. Though treasury yields are hovering at record lows, making equities more attractive, they stand to gain as central banks globally, led by Japan and Britain, chart out new stimulus measures. (more...)
Polygamous leader likely used olive oil to slip monitor Polygamous leader likely used olive oil to slip monitor
- July 13, 2016

A polygamous church leader busted in a $12 million food stamp scheme managed to slip away from custody last month by using olive oil to remove his ankle bracelet, the Federal Bureau of Investigation said. Authorities say Jeffs likely used olive oil or another lubricant to slip off his Global Positioning System ankle monitor and escape home confinement last month in Utah. (more...)
Stocks rising in afternoon trading as Dow hits record high
- July 13, 2016

European stocks also rallied sharply after British Prime Minister David Cameron announced Theresa May would succeed him as Tory leader on Wednesday. The S&P 500 closed at a record high overnight, after climbing 0.3% to 2137. Global stock markets surged on Monday after Japanese Prime Minister Shinzo Abe won a major victory in Sunday's election, raising hope for continued economic stimulus. (more...)
UN chief calls for immediate arms embargo on South Sudan
- July 13, 2016

Two Chinese UN peacekeepers and one South Sudanese UN worker were among the hundreds of dead. On Sunday the Security Council had asked neighboring countries to send more peacekeepers to South Sudan. However, Uganda's military said it it meant to evacuate its nationals trapped in the conflict. Kiir and Machar signed a peace accord past year and formed an uneasy transitional coalition government. (more...)
Outlander Season 3 to begin shooting next month due to 'complicated' scenes?
- July 13, 2016

The emotional appeal that the scene offers is what makes it most exciting. But speaking of Brianna... But it's early. It's entirely possible that Skelton will grow into the role and the show will learn how to write for her as an actress. But the ultimate test to how time travel affects history was the Battle at Culloden. It was a massive sacrifice for Jamie to choose to say goodbye to Claire in "Dragonfly in Amber", knowing that he would need to charge into battle and nearly assuredly die ... (more...)
Brexit aftershock: British researchers already being dropped from European Union projects
- July 13, 2016

She has said Britain needs time to work out its negotiating strategy and should not initiate formal divorce proceedings before the end of the year. Chinese Premier Li Keqiang said on Tuesday China hoped for a "powerful" European Union and he had faith it would develop despite Britain's vote to leave. (more...)
Majority disagree with not charging Hillary Clinton
- July 12, 2016

That investigation turned up the existence of the server and the resulting controversy, which has energized her detractors since. Among Democrats, the email issue makes no difference to three-quarters, and 16 percent say it's strengthened their support (likely given that she wasn't charged) -- but one in 10 say they're less likely to vote for her because of it. (more...)
Labour party leadership election to oust Corbyn officially triggered
- July 12, 2016

It is thought he would struggle to make that total, given that only 40 MPs supported him in a recent vote of no confidence. The left-winger also told BBC One's Andrew Marr Show that he expected to immediately be on a leadership ballot, despite claims he would have to attract 51 nominations from Labour MPs and MEPs. (more...)
Anushka Sharma and Katrina Kaif bond at Sultan screening Anushka Sharma and Katrina Kaif bond at Sultan screening
- July 12, 2016

The figure makes Sultan the highest weekend grosser of 2016 so far, and also assures it is only a matter of time for the Yash Raj Films production before it becomes a domestic blockbuster. Sultan , this is the latest buzz in and around India . This film has got decent shares in this weekend. The only major new film in India was The Secret Life Of Pets which scored $488K to rank as the top global opener. (more...)
US stocks at new record high US stocks at new record high
- July 12, 2016

The benchmark index, which struggled to break past its May 2015 record in recent months, hit a record intraday high of 2,141.11. The combination of strong data and a Federal Reserve that signaled it is not ready to hike interest rates sparked a rally in the S&P 500 that closed just short of all-time highs. (more...)

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