Markets


Auto bomb blast in Iraq kills 20 Auto bomb blast in Iraq kills 20
- March 21, 2017

Police say the bomb on Monday went off at a busy time in Amil, a business district of Baghdad . No group has said it carried out the attack but so-called Islamic State (IS) has in recent months carried out many similar bombings. The Iraqi capital is frequently targeted by jihadists from various extremist groups, including Islamic State (IS, formerly ISIS/ISIL), which is now being pushed by the US-assisted Iraqi Army from the city of Mosul. (more...)
Tesla Updates Its Model S 60D, Adds New Features, Improvements Tesla Updates Its Model S 60D, Adds New Features, Improvements
- March 21, 2017

In the future, Tesla envisions that with the added technology, the Model S will now be able to drive itself. The company has been tracking its fleet mileage on its "The Electric Road Trip " page in anticipation of its upcoming Model 3 launch. (more...)
Paul Foster moves up on Forbes billionaire list Paul Foster moves up on Forbes billionaire list
- March 21, 2017

This puts him 200 places below his rank in 2016, with an estimated wealth of $3.5bn compared to $3.7bn of last year and $4.5bn the year before. Forbes cites a weak real estate market in Manhattan for the President's drop. The US topped the list among countries with the most billionaires with 565, a product of the swelling value of the American stock market since Trump's November 2016 election. (more...)
Target to Open Flagship Store in New York's Busiest Shopping District Target to Open Flagship Store in New York's Busiest Shopping District
- March 21, 2017

Penney (JCP) and Foot Locker (FL). Rendering of the Target in Midtown Manhattan. According to the New York Post , the discount retailer will open on West 34th Street this fall in a 92,000 square foot space that will also house the sporting goods store Foot Locker , a Sephora and a Swatch store. (more...)
Bill Gates tops Forbes' rich list but Trump's wealth slips Bill Gates tops Forbes' rich list but Trump's wealth slips
- March 21, 2017

Gates' fortune grew from an estimated $75 billion past year to $86 billion in 2017. Forbes attributed Trump's drop to sluggishness in the Manhattan real estate market which is responsible for a disproportionate amount of his wealth. In this year's list, there are 21 Singaporean billionaires joining the club. Warren Buffett was second after his net worth rose by almost $15 billion, to $75.6 billion. (more...)
Uber's president steps down after just six months as troubles continue Uber's president steps down after just six months as troubles continue
- March 21, 2017

Jeff Jones in his early days at Uber spent time as the president of the company, and also met with drivers and sent them emails about the future developments and recommendations, Recode reports . Nor was Jones the only high-ranking Uber employee to resign over the weekend. According to Recode .net however, the website that broke the story, the real reason for Jones's resignation is more likely to have been centred around the company's continued struggle with sexual harassment issues ... (more...)
Oil prices plummet amidst increasing United States drilling activity and steady OPEC supply
- March 21, 2017

Analysts expect USA production to continue to increase. As of 8am GMT (4 pm Singapore time), prices for benchmark Brent crude futures were down 34 cents, or 0.66 per cent, at US$51.42 (S$72) per barrel. With the evolution of shale oil technologies, shale oil production break-even price seems to be going even lower, paving the way for production to be increased as crude oil prices rally. (more...)
Oil supply deficit in first half likely despite rising stocks
- March 21, 2017

United States oil prices dipped below US$50 (RM221) a barrel for the first time in 2017 this month as near-record American stockpiles and rising output weighed on the production reductions by Opec and its allies. production is playing into concerns about the effectiveness of the deal between members of OPEC and other producers. The price did dip below that retracement level last week, but momentum could not be sustained. (more...)
Trump's net worth dwindled to $3.5-billion Trump's net worth dwindled to $3.5-billion
- March 21, 2017

In its worldwide rankings of billionaires, Forbes said Trump has slipped 220 positions to Number 544. Forbes said about 40 per cent of the president's fortune is linked to Trump Tower and other Trump-owned properties near to it. Joining Gates on top is the investor and philanthropist, Warren Buffet, with a fortune worth $75.6 billion, up from $60.8 billion previous year. Warren Buffett, Jeff Bezos of Amazon, Amancio Ortega of Zara, and Mark Zuckerberg of Facebook are the top five richest ... (more...)
Donald Trump slides down Forbes list of world's billionaires Donald Trump slides down Forbes list of world's billionaires
- March 21, 2017

The number of billionaires increased 13 percent compared to 2016, the magazine noted, from 1,810 to 2,043. While campaigning for the Republican presidential nomination in May, Trump's team filed a personal financial disclosure form that said his net worth was more than $10-billion. (more...)
Crude futures settle lower as USA supply concerns return
- March 21, 2017

Crude prices dipped over a percent on Monday, as investors lose confidence in oil following strong drilling data from the United States and pessimism about OPEC-led output cuts. Last week, Petronas decided on US$45 a barrel as its conservative estimate for this year as it prepares for another challenging year ahead. But Iraq has lagged behind other Opec members in its efforts to reduce output. (more...)
Tom Brady's stolen Super Bowl jersey recovered Tom Brady's stolen Super Bowl jersey recovered
- March 21, 2017

The Houston Police Department's Major Offenders Division tracked the Brady jersey to Mexico - and the Federal Bureau of Investigation stepped in to recover it from there. "From what I know, it's not just Brady's jerseys", Glazer said. Both the jersey, and Brady's Jersey from the 2015 Super Bowl in Seattle, were found "in the possession of a credentialed member of the global media", according to a statement from the NFL. (more...)
Dollar slumps after Fed Evans reinforces rate outlook Dollar slumps after Fed Evans reinforces rate outlook
- March 21, 2017

The index extended last week's weakness following recent interest-rate guidance from the US Fed that was less hawkish than many had expected. Banks were among the biggest decliners in Europe, dragged down by a 3 percent fall in Deutsche Bank shares one day before the start of Germany's biggest lender's 8 billion-euro cash call. (more...)
Earnings Recap: Seres Therapeutics Inc (NASDAQ:MCRB)
- March 21, 2017

In the last quarter, Seres Therapeutics, Inc . reported Annual Earnings of $-0.46. Average Revenue Estimate of the company for the current Fiscal Quarter is $2.87 Billion, according to consensus of 11 analysts. Now 12.9% of the stock's total float is wrapped up in these bearish bets, representing roughly four weeks' worth of buying power, at MCRB's average daily pace. (more...)
HPD: Motorcyclist dies as other motorcyclist speeds away after crash
- March 21, 2017

Investigators said two motorcyclists may have been racing along Parker at Northlane when one of them crashed into a vehicle. LPD officials say the motorcyclist had a major head injury and died on the scene. Traffic detectives are trying to determine if speed was a factor in the crash, but as of now, no arrests have been made or citations issued, the post said. (more...)
Mourinho would prefer Europa League glory to top-four finish Mourinho would prefer Europa League glory to top-four finish
- March 21, 2017

His agent Mino Raiola is said to have travelled to the USA to negotiate with MLS side Los Angeles Galaxy and the player has also revealed that he still doesn't know what will happen in the future. "With injured players, exhausted players, suspended players, the guys were magnificent". Manchester United will have to play this match without a few key players though. (more...)
Trump Hits Colin Kaepernick at Kentucky Rally Trump Hits Colin Kaepernick at Kentucky Rally
- March 21, 2017

They think there might be protests or [President Donald] Trump will tweet about the team. "Do you believe that?" the president said, prompting an ovation from the crowd at Freedom Hall. Kaepernick's people have made sure to let National Football League teams know that the QB plans to stand for the anthem next season. Trump's rally to support the plan comes ahead of a key House vote on the legislation on Thursday. (more...)
Brazil meat scandal deepens with European Union barring some imports
- March 21, 2017

While the media reports referenced a number of second and third-tier meat processing and value-adding companies, some of the largest processors in Brazil, included BRF and JBS, have also been accused by media of wrongdoing. Three plants have been closed and 21 others are being investigated. More than 80 per cent of the 107,400 tonnes of chicken that South Korea imported a year ago came from Brazil, and BRF supplied nearly half of that. (more...)
Trump May Have Just Handed Conservatives a Loss on Obamacare Repeal Trump May Have Just Handed Conservatives a Loss on Obamacare Repeal
- March 21, 2017

That, according to the Congressional Budget Office estimate, leads to substantial cost savings that - together with cuts to Medicaid - allow the GOP plan to eliminate almost all of the taxes imposed under the Affordable Care Act. They also complain that the GOP bill's tax credits create an overly generous benefit the federal government can not afford. Obamacare would issue a tax penalty to uninsured Americans, while the AHCA charges a 30% premium to anyone purchasing a new plan after at ... (more...)
Brazil's rotten meat scandal prompts major import bans
- March 21, 2017

The Brazilian Agriculture Ministry confirmed today that China has temporarily banned beef imports, according to worldwide news agency Reuters. A charm offensive by President Michel Temer, who even invited foreign ambassadors to a traditional meat restaurant in the capital Brasilia late Sunday, failed to calm importers. (more...)

« previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 977 978 979 980 981 982 983 984 985 986 987 988 989 990 991 992 993 994 995 996 997 998 999 1000 1001 1002 1003 1004 1005 1006 1007 1008 1009 1010 1011 1012 1013 1014 1015 1016 1017 1018 1019 1020 1021 1022 1023 1024 1025 1026 1027 1028 1029 1030 1031 1032 1033 1034 1035 1036 1037 1038 1039 1040 1041 1042 1043 1044 1045 1046 1047 1048 1049 1050 1051 1052 1053 1054 1055 1056 1057 1058 1059 1060 1061 1062 1063 1064 1065 1066 1067 1068 1069 1070 1071 1072 1073 1074 1075 1076 1077 1078 1079 1080 1081 1082 1083 1084 1085 1086 1087 1088 1089 1090 1091 1092 1093 1094 1095 1096 1097 1098 1099 1100 1101 1102 1103 1104 1105 1106 1107 1108 1109 1110 1111 1112 1113 1114 1115 1116 1117 1118 1119 1120 1121 1122 1123 1124 1125 1126 1127 1128 1129 1130 1131 1132 1133 1134 1135 1136 1137 1138 1139 1140 1141 1142 1143 1144 1145 1146 1147 1148 1149 1150 1151 1152 1153 1154 1155 1156 1157 1158 1159 1160 1161 1162 1163 1164 1165 1166 1167 1168 1169 1170 1171 1172 1173 1174 1175 1176 1177 1178 1179 1180 1181 1182 1183 1184 1185 1186 1187 1188 1189 1190 1191 1192 1193 1194 1195 1196 1197 1198 1199 1200 1201 1202 1203 1204 1205 1206 1207 1208 1209 1210 1211 1212 1213 1214 1215 1216 1217 1218 1219 1220 1221 1222 1223 1224 1225 1226 1227 1228 1229 1230 1231 1232 1233 1234 1235 1236 1237 1238 1239 1240 1241 1242 1243 1244 1245 1246 1247 1248 1249 1250 1251 1252 1253 1254 1255 1256 1257 1258 1259 1260 1261 1262 1263 1264 1265 1266 1267 1268 1269 1270 1271 1272 1273 1274 1275 1276 1277 1278 1279 1280 1281 1282 1283 1284 1285 1286 1287 1288 1289 1290 1291 1292 1293 1294 1295 1296 1297 1298 1299 1300 1301 1302 1303 1304 1305 1306 1307 1308 1309 1310 1311 1312 1313 1314 1315 1316 1317 1318 1319 1320 1321 1322 1323 1324 1325 1326 1327 1328 1329 1330 1331 1332 1333 1334 1335 1336 1337 1338 1339 1340 1341 1342 1343 1344 1345 1346 1347 1348 1349 1350 1351 1352 1353 1354 1355 1356 1357 1358 1359 1360 1361 1362 1363 1364 1365 1366 1367 1368 1369 1370 1371 1372 1373 1374 1375 1376 1377 1378 1379 1380 1381 1382 1383 1384 1385 1386 1387 1388 1389 1390 1391 1392 1393 1394 1395 1396 1397 1398 1399 1400 1401 1402 1403 1404 1405 1406 1407 1408 1409 1410 1411 1412 1413 1414 1415 1416 1417 1418 1419 1420 1421 1422 1423 1424 1425 1426 1427 1428 1429 1430 1431 1432 1433 1434 1435 1436 1437 1438 1439 1440 1441 1442 1443 1444 1445 1446 1447 1448 1449 1450 1451 1452 1453 1454 1455 1456 1457 1458 1459 1460 1461 1462 1463 1464 1465 1466 1467 1468 1469 1470 1471 1472 1473 1474 1475 1476 1477 1478 1479 1480 1481 1482 1483 1484 1485 1486 1487 1488 1489 1490 1491 1492 1493 1494 1495 1496 1497 next »