Markets


'Conflict' in Trump campaign over Paul Ryan endorsement 'Conflict' in Trump campaign over Paul Ryan endorsement
- August 05, 2016

A campaign spokeswoman acknowledged that the video in question was unrelated footage Trump watched on television. Trump campaign manager Paul Manafort said the campaign is comfortable where it stands now and said the news media have built a false narrative in which Democrats are controlling the race to the November 8 election. (more...)
Tesla plans to unveil semi-truck and minibus next year
- August 05, 2016

Tesla (NASDAQ:TSLA) reported on Wednesday a wider-than-expected loss for the second quarter, but reiterated its focus on vehicle deliveries and for full-year capital expenditure to support the Model 3 production. It also anticipates production volume in the fourth quarter to increase further to 2,400 vehicles per week. However, Tesla met analysts' expectations with its adjusted revenue of US$1.6 billion. (more...)
Musk: Tesla is chugging along despite recent production snags
- August 05, 2016

Tesla Motors reported Wednesday a larger second-quarter loss than expected as it worked to speed production in the face of strong demand for its electric cars. Like always, Tesla Motors Inc (NASDAQ:TSLA) executives gave interesting updates about future plans in their recent earnings call. It was a turbulent quarter for Palo Alto, California-based Tesla . (more...)
UK Pound Falls as Bank of England Cuts Interest Rate
- August 05, 2016

The BoE also revised up its inflation forecasts sharply, due to the big fall in sterling since the financial crisis, predicting it will hit 2.4 per cent in 2018 and 2019. The Bank of England today reduced interest rates by 25 basis points to 0.25%, a record low . Mr Carney warned that the changes needed in the economy following the Brexit vote "may prove hard and many will take time". (more...)
The Pope Says Violent Terrorism Doesn't Come From Islam The Pope Says Violent Terrorism Doesn't Come From Islam
- August 05, 2016

The pope said every religion has its "small group of fundamentalists". "They look for peace, encounter", he said. "If I speak of Islamic violence, then I have to speak of Catholic violence", he explained. "It's an occasion to show [Muslims] that we do not confuse Islam with Islamism, Muslim with jihadist", said Reverend Jean Rouet. The comments came as a response to a reporter overseas a papal plane, who asked the pontiff why he never used the word "Islam" to describe terrorism or violent ... (more...)
Tesla Falls Short Of Sales Goals In Turbulent 2nd Quarter Tesla Falls Short Of Sales Goals In Turbulent 2nd Quarter
- August 05, 2016

Analysts polled by Thomson Reuters estimated a loss of 95 cents per share, or 52 cents per share excluding expenses. Analysts polled by S&P Global Market Intelligence predicted an adjusted loss of 65 cents per share on revenue of $1.65 billion. (more...)
Top Republicans May Be Planning An Intervention For Donald Trump Top Republicans May Be Planning An Intervention For Donald Trump
- August 05, 2016

Influential GOP donor and Hewlett-Packard executive Meg Whitman is planning to endorse Democratic nominee Hillary Clinton over Donald Trump, calling the mercurial Republican candidate a person who has "exploited anger, grievance, xenophobia and racial division". (more...)
What Wisconsin's senators are saying about Obama's $400 million payout to Iran What Wisconsin's senators are saying about Obama's $400 million payout to Iran
- August 05, 2016

That money was part of a $1.7 billion deal between United States and Iran officials during the 2015 nuclear weapons agreement, White House Press Secretary Josh Earnest said during a press briefing later that day. The exchange came as the U.S. lifted worldwide sanctions against Iran as part of the country's nuclear deal. Obama allowed that the one piece of new information, first reported this week by The Wall Street Journal , was that the $400 million was paid in cash. (more...)
Jeremy Corbyn to address Heartlands rally on Saturday
- August 05, 2016

Party "disunity" But addressing Mr Smith, Mr Corbyn said: "What I don't understand is how you can complain about disunity in the party when you and others are the ones who resigned from the shadow cabinet at the very point when we could have taken it to them". (more...)
#PrayForSyria Hashtag Goes Viral After Airstrikes Kill Syrian Civilians #PrayForSyria Hashtag Goes Viral After Airstrikes Kill Syrian Civilians
- August 05, 2016

Amnesty International said that since June, more than 100 civilians are believed to have been killed in suspected attacks by the US-led coalition in the Manbij area. "If the information supporting this allegation is determined to be credible, we will then determine the next appropriate step", the USA military said in a statement Wednesday, adding that its forces routinely take "all measures during the targeting process to avoid or minimize civilian casualties". (more...)
Tesla to buy SolarCity in $2.6 billion deal Tesla to buy SolarCity in $2.6 billion deal
- August 05, 2016

SolarCity said it expects some improvements driven by an integrated battery storage offering and new solar product that will be focused on the more than 5 million new roofs installed every year in the U.S.by 2017. Since Tesla CEO Elon Musk is the majority shareholder in both companies, he has recused himself from voting . Mr Musk ultimately plans to develop a fleet of Tesla electric pickup trucks, lorries and buses, which will probably be unveiled next year. (more...)
Bratton's Replacement Is a Community Policing Veteran
- August 05, 2016

The police commissioner, who served as Los Angeles police chief from 2002 to 2009, was emphatic that his decision to leave the NYPD was unrelated to controversies now facing the department. De Blasio said the two would remain close, and joked Bratton would be picking up the tab when they went out for dinner. Bratton was short on details about why he was leaving but long on glowing remarks on his time leading Gotham's police force. (more...)
Tesla Motors and SolarCity confirm merger
- August 05, 2016

Tesla is dreaming to transform it as a carbon-free energy and transport company and the merger will help in offering one-stop solar and storage experience with one installation, one service contract and one phone app. As well as being founder and CEO of Tesla , Musk is the chair and principal shareholder of SolarCity . After the markets opened on Monday, Tesla shares fell by nearly 1pc and SolarCity was down by more than 5pc. (more...)
Unbox Therapy handles an iPhone 7 Plus Unbox Therapy handles an iPhone 7 Plus "prototype"
- August 05, 2016

Although the question arises about the iPhone 7 EarPods, as the headphone has not been launched officially and as per our guess that could be a third-party product. Ever though you might have gotten bored with so many conflicting iPhone 7 reports and rumors, the latest leak has all but confirmed that Apple is cooking up something big back in its labs. (more...)
Syrian Fighters Seize Half of Manbij From Islamic State Syrian Fighters Seize Half of Manbij From Islamic State
- August 04, 2016

US-led air strikes targeted the group, taking out numerous women, children, and families who sought shelter there. The rare video below of an USA -backed airstrike near Manbij on July 5 was tweeted on Monday. USA military officials are looking into claims that an American-led airstrike targeting militants in a terrorist stronghold in northern Syria this week haphazardly killed dozens of civilians. (more...)
US beats New Zealand 2-0 in women's soccer Olympic opener
- August 04, 2016

So I think that, mixed in with us old folks, we will be all right". Lloyd's performance for USA was exactly what the side needed from its captain as she scored the opener in the two-goal win over New Zealand . It only took three more minutes for the U.S.to breakthrough, this time with Lloyd picking up from where she left off in last year's World Cup. That bodes well for the USWNT's chances to win a fifth gold medal. (more...)
Tesla to Merge with SolarCity Tesla to Merge with SolarCity
- August 04, 2016

SolarCity said it expects some improvements driven by an integrated battery storage offering and new solar product that will be focused on the more than 5 million new roofs installed every year in the U.S.by 2017. "Solar and storage are at their best when they're combined", Tesla said. He won't be able to vote as a shareholder on the deal. SolarCity had formed a special committee to review Tesla's initial offer, which was pitched at 0.122 to 0.131 Tesla shares for each SolarCity ... (more...)
Tesla's deal for SolarCity could speed sustainable energy
- August 04, 2016

It plans put electric vehicles, rooftop solar systems, energy storage batteries for homes and businesses, and software systems that tie everything together, all under the banner of a single company. Investors pushed Tesla stock down about 1 percent in early trading, while SolarCity dropped around 8 percent. Tesla and SolarCity announced that they reached an agreement to merge, on August 1. (more...)
Tesla Motors agrees to buy SolarCity for $2.6bn
- August 04, 2016

Tesla CEO Elon Musk , who did not participate in an independent panel's evaluation of the deal, said he would not vote. " SolarCity's total sales of solar systems were around 100,000 previous year; Tesla is sitting on around 300,000 pre-orders for the Model 3. (more...)
UK central bank to help economy through Brexit with stimulus UK central bank to help economy through Brexit with stimulus
- August 04, 2016

Until now, it has not had to contemplate the kind of radical decisions taken by the BoJ and the European Central Bank (ECB), both of which have cut interest rates below zero as they try to spark their economies into life. Many strategists point to a possible extension of the BOE's funding-for-lending program that aims to encourage banks to boost lending to businesses and households. (more...)

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