Markets
Government urges banks to reconsider charging for cash transactions, ATM withdrawals
- March 07, 2017
A senior SBI official said the bank had suspended levying charges on breach of minimum balance requirements in 2012 to acquire new customers. Congress has termed State Bank's decision to levy charges for not maintaining minimum monthly balance in saving bank accounts, as anti-poor and anti-middle class. (more...)
- March 07, 2017
A senior SBI official said the bank had suspended levying charges on breach of minimum balance requirements in 2012 to acquire new customers. Congress has termed State Bank's decision to levy charges for not maintaining minimum monthly balance in saving bank accounts, as anti-poor and anti-middle class. (more...)
#AE17: Northern Irish elections could have seismic consequences
- March 07, 2017
Many analysts forecast that the DUP will stay barely ahead of Sinn Fein in seat numbers in the 90-member assembly when the final winners are declared, but it could come down to unpredictable handfuls of transferred votes. "People knew we were in a hard place and sought to kick us when we were down, but we were tough enough to come through it", said DUP lawmaker Edwin Poots. (more...)
- March 07, 2017
Many analysts forecast that the DUP will stay barely ahead of Sinn Fein in seat numbers in the 90-member assembly when the final winners are declared, but it could come down to unpredictable handfuls of transferred votes. "People knew we were in a hard place and sought to kick us when we were down, but we were tough enough to come through it", said DUP lawmaker Edwin Poots. (more...)
Trump, Abe say North Korea threat 'entered a new stage'
- March 07, 2017
Leader Kim Jong Un presided over the launches, "feasting his eyes on the trails of ballistic rockets", the report from the Korean Central News Agency said, in language that will only heighten tensions in the region. Pyongyang has denounced it as a dress rehearsal for northward invasion. Trump said: "I just want everybody to understand and fully know that the United States of America stands behind Japan, its great ally, 100 percent". (more...)
- March 07, 2017
Leader Kim Jong Un presided over the launches, "feasting his eyes on the trails of ballistic rockets", the report from the Korean Central News Agency said, in language that will only heighten tensions in the region. Pyongyang has denounced it as a dress rehearsal for northward invasion. Trump said: "I just want everybody to understand and fully know that the United States of America stands behind Japan, its great ally, 100 percent". (more...)
RBA holds rates in economy of mixed fortunes
- March 07, 2017
Governor Philip Lowe said the overall economy was transitioning from the end of the mining investment boom, with business and consumer confidence around average levels. The RBA has signalled it is keen to see the Fed embark on interest rate increases to help keep a lid on the stubbornly strong Australian dollar and to create space to start lifting its record low cash rate. (more...)
- March 07, 2017
Governor Philip Lowe said the overall economy was transitioning from the end of the mining investment boom, with business and consumer confidence around average levels. The RBA has signalled it is keen to see the Fed embark on interest rate increases to help keep a lid on the stubbornly strong Australian dollar and to create space to start lifting its record low cash rate. (more...)
DDCA defamation suit: Arun Jaitley to be cross examined today
- March 07, 2017
Jethmalani asked Jaitley why he, despite having incurred no financial losses, was seeking damages from the AAP leaders. In 2015, Kejriwal and some other AAP leaders had alleged administrative irregularities and mishandling of finances of DDCA by Jaitley during his tenure as President of the cricket body. (more...)
- March 07, 2017
Jethmalani asked Jaitley why he, despite having incurred no financial losses, was seeking damages from the AAP leaders. In 2015, Kejriwal and some other AAP leaders had alleged administrative irregularities and mishandling of finances of DDCA by Jaitley during his tenure as President of the cricket body. (more...)
IEA predicts oil supply shortage and price spike within three years
- March 07, 2017
Speaking at CERAWeek in Houston, Texas, USA, Dr Fatih Birol, executive director of the International Energy Agency said: "We are witnessing the start of a second wave of a US shale oil glut". Oil investment globally was $450 billion U.S. in 2016. Demand growth, led by China and India, will grow by 7.3 MMbbl/d by that time and eclipse 100 MMbbl/d by 2019 on its way to 104 MMbbl/d by 2022. (more...)
- March 07, 2017
Speaking at CERAWeek in Houston, Texas, USA, Dr Fatih Birol, executive director of the International Energy Agency said: "We are witnessing the start of a second wave of a US shale oil glut". Oil investment globally was $450 billion U.S. in 2016. Demand growth, led by China and India, will grow by 7.3 MMbbl/d by that time and eclipse 100 MMbbl/d by 2019 on its way to 104 MMbbl/d by 2022. (more...)
Steps and Vengaboys play in Leeds nostalgia-fest
- March 07, 2017
The sun is (finally) shining, the first bank holiday of the year is nearly upon us (OK, there's still a month to go, but still), and STEPS have announced that they're back with a new album and tour. Tickets for the show go on sale at 9am on Friday. The first single to be lifted from the album is called " Scared of the Dark " and will be released on Friday. (more...)
- March 07, 2017
The sun is (finally) shining, the first bank holiday of the year is nearly upon us (OK, there's still a month to go, but still), and STEPS have announced that they're back with a new album and tour. Tickets for the show go on sale at 9am on Friday. The first single to be lifted from the album is called " Scared of the Dark " and will be released on Friday. (more...)
Upcoming video card to enable 4K gaming at highest settings
- March 07, 2017
Altogether, these specifications can mean a 35 percent increase in performance, as compared to cards from the same line, the GTX 1080 and GTX 1080 Ti, according to TechRadar . For better durability, there is a large plate on the front of the PCB. Price-wise, the premier graphics card is sold at $1,200 while GTX 1080 Ti will be sold at $699 only. (more...)
- March 07, 2017
Altogether, these specifications can mean a 35 percent increase in performance, as compared to cards from the same line, the GTX 1080 and GTX 1080 Ti, according to TechRadar . For better durability, there is a large plate on the front of the PCB. Price-wise, the premier graphics card is sold at $1,200 while GTX 1080 Ti will be sold at $699 only. (more...)
British Land Company PLC (BLND) Earns "Overweight" Rating from Barclays PLC
- March 07, 2017
HSBC Securities today set a target price of 2000 on the company's stock. The brokerage now has GBX 370 ($4.61) price objective on the stock, up from their prior price objective of GBX 350 ($4.36). Stockholders of record on Thursday, February 23rd will be given a GBX 100.56 ($1.25) dividend. This represents a dividend yield of 2.15%. The ex-dividend date of this dividend is Thursday, April 6th. (more...)
- March 07, 2017
HSBC Securities today set a target price of 2000 on the company's stock. The brokerage now has GBX 370 ($4.61) price objective on the stock, up from their prior price objective of GBX 350 ($4.36). Stockholders of record on Thursday, February 23rd will be given a GBX 100.56 ($1.25) dividend. This represents a dividend yield of 2.15%. The ex-dividend date of this dividend is Thursday, April 6th. (more...)
Osinbajo arrives Edo State, meets Oba of Benin
- March 07, 2017
The Emeritus Professor made the commendation in an interview with TheNewsGuru. According to him, as an "emissary of President Muhammadu Buhari, the visit was aimed at engaging the people and the leaderships to seek for better understanding and concerns as well as offer the oil communities a new vision and a new compass". (more...)
- March 07, 2017
The Emeritus Professor made the commendation in an interview with TheNewsGuru. According to him, as an "emissary of President Muhammadu Buhari, the visit was aimed at engaging the people and the leaderships to seek for better understanding and concerns as well as offer the oil communities a new vision and a new compass". (more...)
United States oil prices slip on rising shale oil forecasts
- March 07, 2017
Smith says that producers have adjusted to prices that are far lower than they once were. Oil prices fell this morning as investors anxious China will cut oil demand after it reduced its growth target for 2017 to its lowest level for more than 20 years yesterday. (more...)
- March 07, 2017
Smith says that producers have adjusted to prices that are far lower than they once were. Oil prices fell this morning as investors anxious China will cut oil demand after it reduced its growth target for 2017 to its lowest level for more than 20 years yesterday. (more...)
Home Depot to hire more than 300 local employees
- March 07, 2017
Institutional investors and hedge funds own 70.22% of the company's stock. The relative price strength of Home Depot, Inc. (The) by 1.0% in the third quarter. The 52 week high is 0.17%, with 24.78% being its 52 week low. The company has a market cap of $178.26 billion, a price-to-earnings ratio of 22.92 and a beta of 1.09. (more...)
- March 07, 2017
Institutional investors and hedge funds own 70.22% of the company's stock. The relative price strength of Home Depot, Inc. (The) by 1.0% in the third quarter. The 52 week high is 0.17%, with 24.78% being its 52 week low. The company has a market cap of $178.26 billion, a price-to-earnings ratio of 22.92 and a beta of 1.09. (more...)
Trump Accuses Obama of Tapping Trump Tower Phones
- March 07, 2017
President Donald Trump went on a lengthy Twitter rant on Saturday, March 4, claiming that former President Barack Obama wiretapped Trump Tower during the elections. Sasse said if Trump was illegally tapped, he must explain "what sort of wiretap it was and how he knows this". In a Sunday morning appearance on NBC's " Meet the Press ", Clapper said, "There was no such wiretap activity mounted against the president-elect at the time , as a candidate or against his campaign ". (more...)
- March 07, 2017
President Donald Trump went on a lengthy Twitter rant on Saturday, March 4, claiming that former President Barack Obama wiretapped Trump Tower during the elections. Sasse said if Trump was illegally tapped, he must explain "what sort of wiretap it was and how he knows this". In a Sunday morning appearance on NBC's " Meet the Press ", Clapper said, "There was no such wiretap activity mounted against the president-elect at the time , as a candidate or against his campaign ". (more...)
Crude Prices Settle Weaker In US
- March 07, 2017
Now record USA crude stockpiles are raising doubts about that outlook. OPEC has a poor record on keeping its promises of production cuts, as previously noted by the National Interest. USA crude output vaulted over the 9 million b/d mark in the week to February 17 and ticked higher the week after, according to the latest Energy Information Administration data. (more...)
- March 07, 2017
Now record USA crude stockpiles are raising doubts about that outlook. OPEC has a poor record on keeping its promises of production cuts, as previously noted by the National Interest. USA crude output vaulted over the 9 million b/d mark in the week to February 17 and ticked higher the week after, according to the latest Energy Information Administration data. (more...)
Energy ministers of Russian Federation and Saudi Arabia discuss oil production cuts
- March 07, 2017
Investment in the USA shale basin is picking up already, and there is evidence of growth in supply from Canada and Brazil, but the IEA said early indications of global spending this year were "not encouraging". According to the latest Baker Hughes report, USA oil rig count increased by seven to 609, the highest level in the last seventeen months. "If we don't start to get big inventory draws soon this market is in big trouble", Bill O'Grady, chief market strategist at Confluence Investment ... (more...)
- March 07, 2017
Investment in the USA shale basin is picking up already, and there is evidence of growth in supply from Canada and Brazil, but the IEA said early indications of global spending this year were "not encouraging". According to the latest Baker Hughes report, USA oil rig count increased by seven to 609, the highest level in the last seventeen months. "If we don't start to get big inventory draws soon this market is in big trouble", Bill O'Grady, chief market strategist at Confluence Investment ... (more...)
Oil slips on concerns over Chinese demand, Russian output
- March 07, 2017
The capital of the USA oil industry Houston is emerging from the price war sporting new downtown skyscrapers and the lingering glow from hosting last month's Super Bowl. Global benchmark Brent crude rose to $58 a barrel recently, after hitting below $30 a barrel in January 2016. "We expect a balanced oil market in 2017 for the first time in almost three years", said Steve Pastor, president of BHP's petroleum business. (more...)
- March 07, 2017
The capital of the USA oil industry Houston is emerging from the price war sporting new downtown skyscrapers and the lingering glow from hosting last month's Super Bowl. Global benchmark Brent crude rose to $58 a barrel recently, after hitting below $30 a barrel in January 2016. "We expect a balanced oil market in 2017 for the first time in almost three years", said Steve Pastor, president of BHP's petroleum business. (more...)
Federal Reserve likely to raise rates in March: Yellen
- March 07, 2017
Fed Vice-Chair Stanley Fischer backed Yellen up, saying nearly no economic indicator has come out badly in the last three months. "I think most of my colleagues have decided that we should just be patient and wait to see what happens", Yellen said . (more...)
- March 07, 2017
Fed Vice-Chair Stanley Fischer backed Yellen up, saying nearly no economic indicator has come out badly in the last three months. "I think most of my colleagues have decided that we should just be patient and wait to see what happens", Yellen said . (more...)
Research Ratings: Sprint Corporation (S), Exxon Mobil Corporation (XOM)
- March 06, 2017
Rathbone Brothers plc increased its stake in shares of Exxon Mobil by 7.0% in the second quarter. Jag Capital Management LLC raised its position in shares of Exxon Mobil by 0.3% in the third quarter. The ex-dividend date is Tuesday, February 7th. If you are reading this article on another publication, it was illegally copied and republished in violation of United States & global copyright & trademark legislation. (more...)
- March 06, 2017
Rathbone Brothers plc increased its stake in shares of Exxon Mobil by 7.0% in the second quarter. Jag Capital Management LLC raised its position in shares of Exxon Mobil by 0.3% in the third quarter. The ex-dividend date is Tuesday, February 7th. If you are reading this article on another publication, it was illegally copied and republished in violation of United States & global copyright & trademark legislation. (more...)
Azerbaijan Reduces Oil Output in February - Energy Ministry
- March 06, 2017
According to Energy Ministry, in February Azerbaijan produced 726,400 b/d of crude oil and 50,000 b/d of condensate, exported 604,100 b/d of crude oil, 50,000 b/d of condensate and 26,800 b/d of oil products. However, the recent increase in the USA imports of Nigerian crude is being threatened as shale oil production gathers fresh momentum on the back of the rally in global oil prices. (more...)
- March 06, 2017
According to Energy Ministry, in February Azerbaijan produced 726,400 b/d of crude oil and 50,000 b/d of condensate, exported 604,100 b/d of crude oil, 50,000 b/d of condensate and 26,800 b/d of oil products. However, the recent increase in the USA imports of Nigerian crude is being threatened as shale oil production gathers fresh momentum on the back of the rally in global oil prices. (more...)
Trump clashes with Federal Bureau of Investigation chief over Obama wiretap claim
- March 06, 2017
The call comes after Mr Trump claimed that Mr Obama had ordering a " wire tap" on the telephones in Trump Tower but he offered no evidence for the allegation at the time . Another spokeswoman, Sarah Huckabee Sanders, would not say Trump's comments were accurate, instead saying "if this happened" or "if this is accurate" and naming media reports in a March 5 interview with ABC's Martha Raddatz. (more...)
- March 06, 2017
The call comes after Mr Trump claimed that Mr Obama had ordering a " wire tap" on the telephones in Trump Tower but he offered no evidence for the allegation at the time . Another spokeswoman, Sarah Huckabee Sanders, would not say Trump's comments were accurate, instead saying "if this happened" or "if this is accurate" and naming media reports in a March 5 interview with ABC's Martha Raddatz. (more...)
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USA trade representative Lighthizer arrives in China ahead of high-level talks