Markets

Bank stress tests to probe plunge in foreign investment

Bank stress tests to probe plunge in foreign investment

The annual test will probe the impact of a potential drop-off in global investor sentiment after sterling collapsed and bond yields soared in the wake of the referendum. The Bank of England says that...

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Hong Kong firm to run South West Trains franchise

Hong Kong firm to run South West Trains franchise

Together, they have pledged an £1.2bn investment programme, which includes 22,000 extra seats into Waterloo in the morning and 30,000 out in the evening. It added that there would be 35 additional ser...

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OPEC, non-OPEC committee recommends extending output cut by six months

OPEC, non-OPEC committee recommends extending output cut by six months

Brent crude futures closed on Friday at $50.80 a barrel in London, down 96 cents, or 1.9 percent, for the week. "The market is a decisive factor", Luaibi told reporters in Kuwait, where a committee se...

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Amazon Needs To Fix Convenience Store Issues

Amazon Needs To Fix Convenience Store Issues

Home appliances, furniture, and electronics stores, apparently. These shops would sell products associated with Amazon devices and services such as its Echo and Prime Video streaming service. Amaz...

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US Rep. Ted Poe resigns from Freedom Caucus

US Rep. Ted Poe resigns from Freedom Caucus

The morning after President Donald Trump failed to deliver on his campaign promise to repeal and replace Obamacare, he reassured the country a new plan will be on the way. "They weren't even trying to...

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BT fined £42 million by Ofcom

BT fined £42 million by Ofcom

BT is obliged, under Ofcom's rules, to install Ethernet services to its wholesale customers (providers such as Vodafone and TalkTalk), in accordance with its contracts, and to make compensation paymen...

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Trump Has Visited His Golf Courses 13 Times as President

Trump Has Visited His Golf Courses 13 Times as President

Needless to say, the social media reaction was swift against Fox News, whose commentators have staunchly defended Trump and his White House. The Sunday outing comprised three meetings at the clubhouse...

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Google Play Store gets 'Free App of the Week' section

Google Play Store gets 'Free App of the Week' section

For this first week, the giveaway happens to be a bit on the niche side. The current Free App of the Week is 'Card Wars - Adventure Time .' The new section doesn't appear to be present in all ...

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Frontier Communications Corp (FTR) Downgraded to Buy at Vetr Inc

Frontier Communications Corp (FTR) Downgraded to Buy at Vetr Inc

According to analysts minimum EPS for the current quarter is expected at -$0.07 and can go high up to -$0.01. Frontier Communications Corporation (FTR ) stock price tumbled -8.06% to finalize at $1...

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Harbor Freight Tools may owe you money

Harbor Freight Tools may owe you money

Cleveland-based law firm Dworkern and Bernstein brought the suit against Harbor Freight Tools over what attorneys claimed were misleading sale prices. You will get a $10 gift card. You must file a cla...

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Sears acknowledges 'substantial doubt' about company's future

Sears acknowledges 'substantial doubt' about company's future

Sears, which also owns Kmart, targets $1 billion in cost cuts and a $1.5 reduction in the company's debt and pension obligations. Another sign of Sears' weakness is that insurance companies that onc...

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Valero Energy Corporation (NYSE:VLO) & Unilever NV (ADR) (NYSE:UN) News Buzz

The Market Cap of the company stands at 30.48 Billion. The company's Relative strength index is 52.33. The RSI oscillates between zero and 100. It indicates oversold and overbought price levels for a ...

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Wiz Khalifa Visits Pablo Escobar's Grave, Leaves Flowers And Marijuana

Many Colombians are livid at Khalifa for posting the shots, since Escobar was well known for terrorizing Colombia in the '80s and '90s. After his Medellin concert , Wiz stopped by Escobar's grave...

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Trading Notes on Cisco Systems, Inc. (NASDAQ:CSCO): Active Stock Recap

Trading Notes on Cisco Systems, Inc. (NASDAQ:CSCO): Active Stock Recap

The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink . NC raised its stake in shares of Cisco Systems by 3.0% in the third quarter. The correct version...

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March Madness First Four: Kansas State vs. Wake Forest

March Madness First Four: Kansas State vs. Wake Forest

After missing the NCAA Tournament in back-to-back years, they are happy to be dancing again, even if they have to start in Dayton. After the 2002-03 season, he was hired by IL to replace current K...

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Farmers Union Opposing American Health Care Act Legislation

Farmers Union Opposing American Health Care Act Legislation

House leadership has been reluctant to include the main changes that the conservatives want because of Senate rules that are very particular in the contents of the bill. If the bill winds up benefitin...

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Royal Jordanian airlines trolls U.S. over laptop ban

Royal Jordanian airlines trolls U.S. over laptop ban

He is among thousands of travelers affected by the restrictions issued Tuesday. And national carrier Air India is hoping to benefit from the Trump administration's decision imposing restrictions til...

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Snap's stock rises as it wins a few more 'buy' ratings

Snap's stock rises as it wins a few more 'buy' ratings

The banks that initiated coverage included underwriters of the Snapchat parent's initial public offering that had been subject to a 25-day quiet period. The company isn't expected to become profitable...

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FedEx Earnings Are Worth a Second Look

FedEx Earnings Are Worth a Second Look

The company said it was unable to provide GAAP guidance for fiscal 2017 as it can't forecast year-end, pension-related adjustments. Shares of FedEx Corporation (NYSE:FDX) reached at $191.84 during...

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CBN Orders Banks To Sell Dollar At N360

CBN Orders Banks To Sell Dollar At N360

This latest development comes in line with the CBN's recent policies aimed at reducing the scarcity of forex , particularly the US Dollar. The statement added that CBN examiners would visit ban...

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Trump notches his 13th golf course visit

Trump notches his 13th golf course visit

Following her death, Ms. President Donald Trump was spotted in cleats and in a cart on his golf course in Virginia on Saturday after the White House said he was there for meetings (photos above). ...

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Regions Financial Corp (NYSE:RF) & ARRIS International plc

Institutional investors now hold around $4.22 billion or 87% in ARRS stock. The performance for month is -14.29% and the performance for half year is -9.90%. Turning to market valuation, the P/E rat...

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What is wrong with Cuba Gooding Jr.?

What is wrong with Cuba Gooding Jr.?

It's not confirmed when, but a Murder House/Coven crossover season may happen with Lady Gaga's The Witch character making a return. Cuba Gooding Jr . We only got to see her just getting her power...

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How Should PIMCO Decorate The Bill Gross Room?

How Should PIMCO Decorate The Bill Gross Room?

Officials would not confirm or deny the settlement figure, but a source said it was about $81 million. The release noted that "any proceeds from the suit will be donated to charity", something Gross...

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German IFO Business Climate Index Strengthens To 5-Year High Of 112.3

German IFO Business Climate Index Strengthens To 5-Year High Of 112.3

Current conditions also beat expectations, 119.3 against 118.3. "After last month's sharp increase, the business climate index in wholesaling deteriorated." "The headline was lifted by small incre...

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Sen. Warren warns health care fight not over after ACHA defeat

Sen. Warren warns health care fight not over after ACHA defeat

She added, "America is anxious and its anxious about its future". Warren focused her remarks on three areas: the president's immigration bans, the fight to repeal Obamacare and a set of budget cuts ...

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McCann's 'Fearless Girl' Statue Will Get to Stay Through February 2018

McCann's 'Fearless Girl' Statue Will Get to Stay Through February 2018

It has remained there for almost three decades watching over Wall Street, becoming a symbol for the USA financial markets. "I put it there for art", he said . The sculptor, Kristen Visbal, told r...

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NYC's 'Fearless Girl' will keep standing on Wall Street

NYC's 'Fearless Girl' will keep standing on Wall Street

De Blasio said " Fearless Girl " had fueled many beneficial conversations about women. "Now, she'll be asserting herself and affirming her strength even after her temporary permit expires - a fitt...

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Government's bungled handling of nuclear decommissioning deal hits Babcock

Government's bungled handling of nuclear decommissioning deal hits Babcock

The Nuclear Decommissioning Authority has agreed the settlement with companies that lost out on the lucrative 14-year deal, after the High Court ruled last summer that it had manipulated and fudged th...

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EU Approves Dow Chemical-DuPont Merger

EU Approves Dow Chemical-DuPont Merger

The company will also drop a ton of its global research and development business. Dow's divestments include two manufacturing facilities for acid co-polymers in Spain and the United States. It is ex...

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Abandoning Nuclear Weapons Unrealistic Today Due to N Korea Threat - US Envoy

Abandoning Nuclear Weapons Unrealistic Today Due to N Korea Threat - US Envoy

We must support all efforts at the United Nations and elsewhere to ban all nuclear weapons. "But we have to be realistic", she told reporters. "However to ban nuclear weapons now would make us and our...

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Qatar wealth fund CEO says sees post-Brexit investment opportunities

Qatar wealth fund CEO says sees post-Brexit investment opportunities

Qatar's prime minister, Sheikh Abdullah bin Nasser bin Khalifa al-Thani, said in a statement that Qatar expected to invest 5 billion pounds ($6.3 billion) in Britain over the next five years. The inve...

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Backed forces battle for Islamic State-held air base in Syria

Backed forces battle for Islamic State-held air base in Syria

The Kurdish-led Syrian Democratic Forces have ratcheted up the pressure on IS in Syria since the USA airlifted hundreds of SDF fighters, US military advisers, and US artillery behind IS lines on Mar...

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Kremlin rejects calls to free protesters

Kremlin rejects calls to free protesters

But in an environment where the media and the political landscape are tightly controlled by the Kremlin, he remains a fringe figure for most Russians, who are more likely to believe the official portr...

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Bharti counters Reliance Jio's allegations on 'fastest network' campaign

Bharti counters Reliance Jio's allegations on 'fastest network' campaign

Ookla also has a history of switching sides every now and then. However, Reliance Jio cried foul over these claims and penned down a letter to ASCI, India's advertising standards watchdog. Airtel ha...

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Pruitt: Trump to sign order on power plant regulations Tuesday

Pruitt: Trump to sign order on power plant regulations Tuesday

EPA administrator Scott Pruitt addresses employees in February. The Clean Power Plan was a set of rules introduced under the Obama administration that would have seen states pushed to reduce Carbon ...

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Freedom Caucus' Jordan: End ObamaCare blaming, 'Let's get to work'

He insisted that he liked House Speaker Paul Ryan, and that he had worked "very hard". "I think that this is going to end up being a very good thing". The failure Friday challenged everything he celeb...

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Shailene Woodley Won't Go To Jail For Protesting The Dakota Access Pipeline

And while it's now reported that Woodley won't go to jail for the protest arrest , she's made it clear the fight to end the construction of the DAPL is far from over. She has also pleaded guilty to a...

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American Health Care bill would have been bad for Virgin Islanders

American Health Care bill would have been bad for Virgin Islanders

And now there is no vote. The Times story underscores a fundamental truth about Obamacare: Americans generally like their new insurance, and boy, do they want to keep it. Traditionally, states hav...

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OAS head calls on members to suspend Venezuela

OAS head calls on members to suspend Venezuela

The Bolivarian Republic of Venezuela wishes to express its unreserved rejection of the illegitimate and illicit report about Venezuela presented by Mr Luis Almagro, who acts in his capacity as Gen...

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