Markets


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
- 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
- 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

Waller told The Signal , "The first place to be involved and implement change is in the household by teaching your kids respect, what's right, and what's wrong". On the opposite corner, Black Lives Matter protester Ty Hardaway felt the same way. "When things like that happen, it means something has been brewing for a long time". (more...)
Jon Stewart takes on Trump, Fox News behind Colbert's desk
- July 23, 2016

He is an executive producer of Colbert's program. "Where's your cable balls?!" Trevor Noah , Stewart's successor on "The Daily Show", announced, "It's officially official, people ". "I got an idea, I can take out every other word", he laughs. This would be the second time this week that the two would share the live " Late Show " stage. (more...)
US Stocks Finish Lower as Q2 Earnings Weigh
- July 23, 2016

A report showed jobless claims unexpectedly fell last week, hitting a three-month low as the labour market continues to gather momentum. "Below it all is just an ongoing trend of better economic reports", said Jim Paulsen, chief investment strategist at Wells Capital Management in Minneapolis. (more...)
Trump says America in crisis and he'll fix it 'fast'
- July 23, 2016

Kennedy's assassin, Lee Harvey Oswald. Ohio Governor John Kasich, who lost to Trump in the nomination fight and disagrees with Trump on a host of issues, declined to attend the convention held in his own state. Trump started in business by working for his father who was a wealthy real estate developer in Queens. Cruz is deeply unpopular with many fellow Republicans on Capitol Hill, after leading a politically disastrous government shutdown in 2013 and clashing with party leadership in the ... (more...)
British economy to see a huge decline — Business survey British economy to see a huge decline — Business survey
- July 23, 2016

It was the lowest level since April 2009 following the global financial crisis, and sparked predictions from some quarters of a painful recession. 'With optimism in the UK's service sector at a seven-and-a-half year low, policymakers must take swift action to stop further decline amid political upheaval, ' said David Noble, chief executive of the Chartered Institute of Procurement and Supply. (more...)
Vodafone chief says India listing could help with any future Liberty tie-up Vodafone chief says India listing could help with any future Liberty tie-up
- July 23, 2016

Analysts had pencilled in growth of 1.8 per cent. The migration of its billing system which was meant to simplify the operation of customer accounts and open up services such as "click and collect", but ended up sending customers the wrong bills and information. (more...)
Benghazi survivor: 'Hillary Clinton failed to protect her people on the ground' Benghazi survivor: 'Hillary Clinton failed to protect her people on the ground'
- July 23, 2016

CLEVELAND, OH - JULY 18: A delegate becomes emotional while listening to the speech of Pat Smith, mother of Sean Smith, one of the four Americans killed in the September 11, 2012 terror attack on the U.S. "She told the American people a story about a video and a protest and we now know there was no evidence of that and at no time did she truly believe that", Pompeo said, "Indeed, we saw the email to her daughter, where she told her daughter it was a terrorist attack within hours of the ... (more...)

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