Markets

Qatar says state news website hacked, fake article published

The emir was quoted as saying that there was "no wisdom in harbouring hostility toward Iran" and that it was a "big power in the stabilisation of the region". defence secretary, Robert Gates, said he did not know of any instance in which Qatar aggressively "went after the terrorist financing of Hamas, Taliban and al-Qaida". [Full Article...]

France to back Greek debt relief at finance ministers talks

France to back Greek debt relief at finance ministers talks Meanwhile, Athens and the creditors are near to closing the second review of the bailout after the Greek parliament approved this week - amid widespread protests in the country - the reform package agreed in April, which includes pension cuts and tax hikes equivalent to 2 per cent of the Greek GDP. [Full Article...]

Barracks Road AT&T Employees Go on Strike

He said the contracts at issue Friday cover a small portion of the company's 265,000-person workforce. The wireline and DirecTV workers have been without a new contract for over a year and held a one-day strike in March. It's about time we stand up to receive better and affordable healthcare, a fair scheduling policy and overall wage increase. Their walkout started early Friday afternoon, and ... [Full Article...]

S&P, Dow set for worst day in eight months on Trump turmoil

S&P, Dow set for worst day in eight months on Trump turmoil Though the White House has denied the allegation, there's mounting unease in markets over the developments in the USA government. The U.S. stock market early Wednesday was on pace to log its worst daily decline in months, as concerns about President Donald Trump's Federal Bureau of Investigation controversy weighed on investor sentiment. [Full Article...]

BHP Billiton in progress of ambitious plan to grow 50% value

BHP Billiton in progress of ambitious plan to grow 50% value Elliott's revised proposal follows weeks of canvassing BHP shareholders for their views. Citigroup analysts say activism among shareholders could ultimately result in the breakup of BHP or a significant change in its structure, according to a May 14 report. [Full Article...]

Cisco Systems, Inc. Shares Plunge As Forecast Disappoints

Cisco Systems, Inc. Shares Plunge As Forecast Disappoints The fund owned 43,410 shares of the network equipment provider's stock after buying an additional 1,116 shares during the period. Pacific Crest reiterated an "overweight" rating and set a $33.00 price objective on shares of Cisco Systems in a report on Thursday, December 29th. [Full Article...]

Dollar extends losses on U.S. political concerns; euro rises to $1.11

Dollar extends losses on U.S. political concerns; euro rises to $1.11 President Donald Trump fuelled demand for safe-haven assets. Meanwhile the US Dollar was weakened overnight on Monday following media reports that President Donald Trump shared highly classified information with Russian Federation. Amidst ongoing issues regarding declining crude oil prices and issues with Trump revealing classified information to Russia's top diplomat, the dollar hit a six-month... [Full Article...]

Lyndon Rive, Former SolarCity CEO, To Leave Tesla

Rive, who created the solar company with his older brother Peter Rive and cousin Elon Musk (CEO of Tesla) in 2006, was most recently the vice president of Tesla's energy division. Much, if not all, of its original business model - much like that of Tesla - was based on receiving taxpayer subsidies and grants. Further, he told Reuters that his skill set and what he loves doing are running and start... [Full Article...]

Pippa Middleton Has an Unusual Fashion Demand for Her Wedding Guests

Pippa Middleton Has an Unusual Fashion Demand for Her Wedding Guests In addition to beauty treatments, she's been hitting the gym hard and has joined Grace Belgravia , an exclusive club that promises to create the ideal "Hollywood" pins - at a cost of £55,000 for a lifetime membership. As stated earlier, Pippa wants a more modest wedding than her sister. Last month, when asked about the possibility of designing the gown, he told HELLO! But if your sister is a fu... [Full Article...]

James Comey Fired After Finding 'Evidence Of Collusion' Between Trump & Russia

James Comey Fired After Finding 'Evidence Of Collusion' Between Trump & Russia Sen. Lindsey Graham of SC on CNN's "New Day": "I think Director Comey is a fine man , but Democrats called for his removal about two to three, four weeks ago and now he's gone and we get a chance to pick on a new director that hopefully we can all agree is above reproach". [Full Article...]

Indonesian politician receives 2-year prison sentence for blasphemy

The five-judge panel said Gov. Basuki "Ahok" Tjahaja Purnama was "convincingly proven guilty of blasphemy" and ordered his arrest. Supporters of Jakarta Governor Basuki "Ahok" Tjahaja Purnama display balloons during a rally outside the court where his sentencing hearing is held in Jakarta , Indonesia, Tuesday, May 9, 2017. [Full Article...]

Trump praises Macron for 'big win' in France's election

The pound euro exchange rate is now hovering at around €1.184, up from the low of €1.177 GBP/EUR initially struck in reaction to the French Presidential election result. The prospective President of France will be powerful only if he has a majority in Parliament to help push through his party's programme. "Voters elected for Emmanuel Macron's pro-business policy proposals, which have the potenti... [Full Article...]

S Africa's ANC accuses judiciary of pandering to opposition

S Africa's ANC accuses judiciary of pandering to opposition Zuma's lawyers argued that the DA had already acknowledged this and, on that basis, was not entitled to any record of the decision. "We expect that document to be part of the record", said Selfe, referring to the intelligence report. The president's reshuffle prompted two ratings agencies to downgrade the country's investment status to junk, and the DA believes this shows his actions were irrati... [Full Article...]

OPEC Runs Out of Options as Bid to Boost Oil Price Fizzles

Schieldrop said, adding that the expectation was that OPEC would take action to reassure investors that they aren't going to flood the market with oil. "Any likelihood of an increase in the level of cuts remains slim with OPEC officials playing down this possibility", said James Woods, global investment analyst at Rivkin Securities. [Full Article...]

Google agrees to pay $335 million in Italy tax dispute

Google agrees to pay $335 million in Italy tax dispute Nearly 303 million of the 306 million paid by Google to the Italian authorities has been attributed to Google Italy while the other 3 million is attributed to Google Ireland. The biggest outstanding dispute in Europe concerns a record breaking €13 billion ($14.2 billion) tax bill that Ireland has been ordered to serve Apple. [Full Article...]

Next Season Of TUF Introduces Women's Flyweight Division

Next Season Of TUF Introduces Women's Flyweight Division The addition of a flyweight division would give the UFC four female weight classes. As previously reported, the UFC issued an announcement yesterday saying that the 26th season of The Ultimate Fighter would feature the creation of a new UFC women's flyweight division (125 pounds), and the tournament would crown the first-ever UFC women's flyweight champion. [Full Article...]

United States trade deficit little changed in March

United States trade deficit little changed in March Statscan revised February's deficit to $1.08 billion from an initial $972 million. Imports grew 1.7 percent to C$47.11 billion on higher inward flows of metal and non-metallic mineral products, particularly unwrought gold from Japan. President Donald Trump told Reuters that he was "psyched" to terminate the North American Free Trade Agreement with Canada and Mexico, but changed his mind after th... [Full Article...]

Trump's tax plan could cost an estimated $5.5 trillion

Trump's tax plan could cost an estimated $5.5 trillion Small and medium-sized businesses would be eligible for the business rate, like their larger counterparts, Mnuchin added. "President Trump has listened to those who feel they work harder today for less or are out of a job", said NAM president and CEO Jay Timmons. [Full Article...]

Trump to sign order creating accountability office at VA

Trump to sign order creating accountability office at VA Why those failures occurred and whether anyone will be held accountable ought to be addressed as the inspector general's office finishes its work and VA officials and Congress conduct their own reviews. Standing at a podium in Durham Shulkin said, "in this region" there has been a recent 67 percent increase in veterans' opting to pursue private sector medical treatment through the Veterans Choice ... [Full Article...]

Syria French intelligence blames al-Assad's regime for 'chemical attack'

The SDF and the Syrian government have largely avoided confrontations with each other over the course of the Syrian civil war. He said the substance France believes was used in the attack contains hexamine, a component that was also found in a gas attack in northwest Syria in 2013. [Full Article...]


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