Markets


European Central Bank seen expanding stimulus amid Trump, Italy uncertainties
- December 08, 2016

The dollar fell 0.3 percent against a basket of six major peers, as investors looked to next week's U.S. Federal Reserve meeting. With this meeting looking to be one of the more interesting of recent months, it is worth understand what the European Central Bank is likely to do and whether it will make a difference to markets. (more...)
Recovery Efforts End At Oakland Warehouse; Death Toll Stands At 36 Recovery Efforts End At Oakland Warehouse; Death Toll Stands At 36
- December 08, 2016

The building "had been converted to artists' studios and illegal living spaces, and former denizens said it was a death trap of piled wood, furniture, snaking electrical cords and only two exits", the AP says. Mourners visit a makeshift memorial near the site of a warehouse fire in Oakland, Calif., Tuesday, Dec. 6, 2016. City officials did not sign off on a special permit for the event on Friday at which the people died, according to Oakland's interim director of planning and building, Darin ... (more...)
Former London Argos security guard Adama Barrow elected new president of Gambia Former London Argos security guard Adama Barrow elected new president of Gambia
- December 08, 2016

Election Commission chairman Alieu Momarr Njai earlier told reporters that Jammeh would accept defeat, adding that it's " very unique " that the president would do that after so many years in power, according to All Africa . "You can not stop us and you can not stop them", said Barrow after voting. " Allah is telling me my time is up and I hand over graciously with gratitude toward the Gambian people and gratitude toward you ", Jammeh said to the president-elect, as reported by AP. (more...)
Bank of England stress test reveals capital inadequacies for three banks
- December 08, 2016

The FTSE 100 group, which continues to struggle to return to profitability following its massive bailout during the financial crisis, was forced to draw up a new capital plan. RBS says it has already taken steps to improve its finances, including raising 2 billion pounds ($2.5 billion) from investors. To this end, the bank - the third largest in terms of United Kingdom assets - agreed a revised financial scheme with the BoE regulatory body, the Prudential Regulation Authority (PRA). (more...)
The Company Behind the Dakota Access Pipeline Responds to Rerouting Celebrations The Company Behind the Dakota Access Pipeline Responds to Rerouting Celebrations
- December 08, 2016

The contingent of protesters has grown in recent days as hundreds of U.S. veterans have joined the cause. President-elect Donald J. Trump has taken a different approach to the project and said last week that he supported finishing the 1,170-mile pipeline, which crosses four states and is nearly complete. (more...)
Obama defending terrorism strategy before handover to Trump
- December 08, 2016

In terms of the fight against ISIS, we have surged intelligence resources, started an worldwide coalition, strengthened local forces, launched 16,000 airstrikes, and equipped tens of thousands of partners on the ground. "He said, "I've never found it to be useful", Trump told the New York Times in a wide-ranging interview last month. But lawyers for the House said the case should be put on hold based on a likelihood the administration's position will change under Trump. (more...)
Oil prices steady at around $50 following OPEC decision to cut output Oil prices steady at around $50 following OPEC decision to cut output
- December 08, 2016

On Friday, West Texas Intermediate crude reached $51.68 a barrel on the New York Mercantile Exchange. As of 2015, Venezuela had almost 298 billion barrels of proved oil reserves - the largest in the world . DeHaan says prices could reach as high as in the $2.50 range, but that is dependent on whether or not crude oil prices continue to rally. Sal Guatieri, senior economist at BMO Capital Markets, said modestly higher oil prices will actually help the US economy by spurring investment in ... (more...)
Trump seeks cancellation of Air Force One order
- December 08, 2016

A day after President-elect Donald Trump said he would "cancel" an order with Boeing for new Air Force One jets, he on Wednesday explained his criticism of the company. Trump's clam of the new Air Force One costing more than $4 billion appear to be untrue. But in a statement following Trump's tweet, Boeing said it was already in a $170 million contract with the United States government on the Air Force One programme. (more...)
Macy's Thanksgiving Day Parade held Macy's Thanksgiving Day Parade held
- December 08, 2016

Charlie Brown led the signature large inflatable balloons as the parade kicked off Thursday morning with the spraying of confetti and a ceremonial ribbon-cutting. Following the parade, the kids celebrated with a Thanksgiving meal at their Long Island hotel. Grace VanderWaal of Suffern, the 12-year-old victor of America's Got Talent , appeared on the GoldieBlox float, performing for yet another new audience. (more...)
European Union leaders urge for calm after Renzi's loss in Italy referendum
- December 08, 2016

A presidential palace official, Ugo Zampetti, told reporters that Mattarella would begin consultations Thursday with the heads of Parliament's two chambers, as well as with former President Giorgio Napolitano. However now that Renzi has resigned, the president will consult with the nation's political parties to decide on the next steps to steer the country towards stabilization. (more...)
Journalist tweeted this disgusting Wi-Fi connection at alt-right event
- December 08, 2016

A speech Spencer gave last month in Washington at an alt-right conference drew Nazi-style salutes from people in the audience. White nationalist Richard Spencer has spoken at the Memorial Student Center at Texas A&M University. "Those people were being amusing". There has been a lot of attention on the school since word of Spencer's speech got out and Miendel said the mood on campus has been tense. (more...)
Cowboys plan to keep on driving even if home field clinched
- December 08, 2016

They own the fourth quarter. "They're a good team, man", he said. It's the entire team. That may be the case, but first the Cowboys get a chance to avenge their only blemish on the season. He cheered and clapped for the kids along as they played a dance moves game. They lost eight of those games. In his two Super Bowl championship seasons, the Giants were only 10-6 in 2007, tying for the worst regular season record by a Super Bowl champion, and then 9-7 in 2011, breaking the record for worst ... (more...)
The Growth Forecast For Southwest Airlines Company (NYSE:LUV)
- December 08, 2016

During last 5 trades the stock sticks nearly 0.93%. Chevy Chase Trust Holdings Inc. boosted its position in Southwest Airlines by 1.3% in the second quarter. The ex-dividend date of this dividend is Tuesday, December 6th. Southwest Airlines Co . has a dividend yield of 0.83%. Southwest Airlines Co . The stock touched its 52-Week High on Dec 5, 2016 and 52-Week Low on Feb 8, 2016. (more...)
Plane Crashes In Northern Pakistan; 48 People Are Believed Dead
- December 08, 2016

The airline said the ATR-42 aircraft was carrying 48 people - 42 passengers, five crew members and one ground engineer - when it lost contact with a. Witnesses were quoted by Reuters as saying that many bodies were burned beyond recognition and that there were unlikely to be any survivors. (more...)
State of IN offers Carrier $7M deal
- December 08, 2016

And Trump, who has pledged to cut corporate tax rates, had leverage because Carrier's parent company, United Technologies, also owns Pratt & Whitney, which has contracts to produce fighter jet engines for the US military. He says that companies leaving will be "taxed very heavily" at the US border. Overall, roughly 1,000 Indianans will end up keeping jobs they otherwise would have lost. (more...)
Boeing trying to pad bottom line with $4B Air Force One
- December 08, 2016

The poll was carried out last Thursday and Friday after the deal was announced. "When Americans are unified there is nothing we can not do - nothing!" President-elect Donald Trump speaks to supporters during a rally in Fayetteville, N.C., Tuesday, Dec. (more...)
November Jobs Numbers Are Mixed
- December 08, 2016

The unemployment rate for veterans who have served in the US armed forces anytime since September 2001 jumped to 6.5 percent from 4.7 percent. The rest of the drop is attributed to the large number of people have stopped looking for jobs and are no longer counted. (more...)
Sensex firm on 2nd day, up 43.66 points
- December 08, 2016

In the broader markets, BSE Midcap and Smallcap indices jumped around 1 per cent each. After the initial knee-jerk reaction, the movement on the indices soon stabilised with the Nifty 50 index retreating by only 0.5 percent. Back home, buying was visible across the sectors with banking, auto, capital goods, and metal indices rising over a per cent each. On the other hand, the S&P BSE oil and gas index surged by 107.09 points, followed by the automobile index, which gained 84.61 points, and ... (more...)
Baird relaxes NSW lockout laws
- December 08, 2016

Speaking at a press event this morning, #CasinoMike announced that his government would be doing a yearly review of the controversial laws, saying "we want this to be dynamic". Police Minister Troy Grant said the government would allow bottle shops to stay open later from next month to allow them to capitalise on the busy summer period. (more...)
Amazon Go: Grocery Shopping Without Checkouts Amazon Go: Grocery Shopping Without Checkouts
- December 08, 2016

This morning Amazon took the wraps off of a brand new type of convenience store that doesn't require cashiers. With Amazon Go , you walk into one of the stores, scan your phone so that the store can identify you, and then you walk around the store picking up products that you would like to purchase. (more...)

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