Markets


Wow air signs agreement with Airbus for four new A321 aircraft Wow air signs agreement with Airbus for four new A321 aircraft
- July 26, 2016

The Boeing 757, which was launched in 1981, was a mid-sized, narrow body twin-engine jet airliner that could carry between 200-295 passengers a maximum distance of 4,100 miles. Both Boeing and main rivals Airbus are jostling for business at the Farnborough Airshow in England this week in an attempt to win contracts, and both have played down the impacts of Brexit on the avaiation industry. (more...)
Malaysian PM under pressure over $1bn US fraud case
- July 25, 2016

Justice Department spokesman Peter Carr told CNNMoney the US government will try to return any seized assets to "the victims of the corruption scheme, including the people of Malaysia, in a transparent and accountable way". "Today's action sends a message to corrupt foreign officials", special agent Darryl Wegner, who heads the FBI's International Corruption Unit, said in a statement. (more...)
Pokemon gone: Why there's no profit in this craze - Tim Culpan
- July 25, 2016

Why? Nintendo isn't the only company with a stake in the hit augmented reality game, and it might be earning a smaller share of game profits than investors had expected. The game, which has been a hit across the globe was released in Japan -its native market - on Friday. As of July 20, short-sellers had built up a bet worth $940 million-or 2.6% of outstanding shares-that the stock would fall, according to researcher IHS Markit. (more...)
Ivanka Trump casts her father as caring fighter for women Ivanka Trump casts her father as caring fighter for women
- July 25, 2016

Trump also said he is a "big fan" of the Kurds and expressed a desire to see unity between the them and the Turkish government, something he thinks can be done with negotiations. But comments by Trump to the New York Times raised fresh questions about his commitment to automatically defend fellow North Atlantic Treaty Organisation members if they were attacked. (more...)
Mike Pence Appears To Contradict Trump's Stance On NATO Mike Pence Appears To Contradict Trump's Stance On NATO
- July 25, 2016

Trump picked Pence as his running mate last week after days of unusual and very public deliberations. Mike PencePence, 57, was a Republican lawmaker for 12 years and the third-highest-ranking member of the GOP in the House before becoming the governor of in in 2013. (more...)
Pence appears to contradict Trump's stance on NATO in PBS NewsHour interview Pence appears to contradict Trump's stance on NATO in PBS NewsHour interview
- July 25, 2016

Pence jokes that running mate Donald Trump is charismatic and must have been looking for balance in choosing him. Mike PencePence, 57, was a Republican lawmaker for 12 years and the third-highest-ranking member of the GOP in the House before becoming the governor of in in 2013. (more...)
Pence 'very supportive' of latest version of Trump Muslim ban Pence 'very supportive' of latest version of Trump Muslim ban
- July 25, 2016

In a wide-ranging speech in which he touted his own "landslide" victory in the Republican primaries, Trump cast Pence as a ideal complement for the White House: a veteran of government, a man with a Midwestern sensibility and strong Republican credentials as a job creator and budget balancer. (more...)
ECB Interest Rate Decision: European Central Bank Leaves Rates Unchanged ECB Interest Rate Decision: European Central Bank Leaves Rates Unchanged
- July 25, 2016

Brexit may seem to be the greatest of all problems; however, the European Central Bank is unable to cater to this issue on lack of information. Regarding those purchases, the bank repeated that its 80 billion euro per month programme would run until March 2017 or beyond if necessary, until it sees an upward adjustment of inflation toward its target. (more...)
The 888 and Rank Group join forces to bid for William Hill The 888 and Rank Group join forces to bid for William Hill
- July 25, 2016

The two companies see "significant industrial logic in the combination", which will deliver "substantial revenue and cost synergies", according to an e-mailed statement. Last week the William Hill CEO was sacked, and the company lost 21 percent of its value since the beginning of the year, while 888 has gone up 25 percent. (more...)
Wall Street edged up, as AT&T and Verizon led telecom stocks higher Wall Street edged up, as AT&T and Verizon led telecom stocks higher
- July 25, 2016

USA stocks rose cautiously Friday to notch a fourth week of gains, with a rally by telecom shares offsetting weakness in the industrial sector as investors awaited next week's Federal Reserve policy statement. The dollar hit its strongest level in four months against a basket of currencies as lofty stock prices and encouraging economic data revived wagers the Fed would raise interest rates later this year. (more...)
McDonald's Jumps on the 'Pokémon GO' Bandwagon
- July 25, 2016

The company confirmed it is the exclusive launch partner for the app and will have more than 2,500 of its stores as " PokeStops " and 400 locations as "PokeGyms" in the game. The difference in Japan is that the game has been launched in conjunction with fast food chain McDonald's. Meanwhile, the success of the game has brought the stock prices of its developers to surge, with Nintendo's share price almost doubled on the Tokyo market since the game's debut overseas. (more...)
Clinton says veep pick Kaine is everything GOP ticket isn't
- July 24, 2016

Both Mike Pence and Tim Kaine were solid VP picks for nominees who are both old and sick (Trump is obese, Clinton suffered a brain trauma as Secretary of State). Leaders of two national environmental groups, the League of Conservation Voters and the Sierra Club, voiced approval of Clinton's choice of Kaine, who backs Obama on climate change and opposed construction of the Keystone XL pipeline. (more...)
Hillary Clinton Introduces Tim Kaine as Running Mate Hillary Clinton Introduces Tim Kaine as Running Mate
- July 24, 2016

Florida is a huge prize on the political map and Kaine wasted no time connecting with an audience at Florida International University that included many Hispanics. "If she's hoping to reach out to her own fractured Democratic Party, I don't know that Tim Kaine solves that problem for her", said Brian Westrate, with the Republican Party of the 3rd Congressional District. (more...)
China calls for China calls for "rational patriotism" as KFC targeted in anti-US protests
- July 24, 2016

Chinese people who blame Washington for an worldwide tribunal's dismissal of Beijing's maritime claims have called for a boycott of Kentucky Fried Chicken (KFC) in protests outside branches in 11 cities, reports said. Apple recently announced that its sales in mainland China fell roughly 11 percent in the January to March quarter. In 2012, sales of Japanese autos plunged when Tokyo and Beijing were in a dispute over control of uninhabited islands in the East China Sea. (more...)
Musk 'Master Plan' Expands Tesla Into Trucks, Buses and Car Sharing Musk 'Master Plan' Expands Tesla Into Trucks, Buses and Car Sharing
- July 24, 2016

PayPal's founder also revealed that in the future Tesla owners' vehicles will be able to be used by others, by adding the auto to a shared fleet and "have it generate income for you while you're at work" once self-driving cars are approved. (more...)
Petition wants White House to call Black Lives Matter a 'terrorist organization'
- July 23, 2016