Finance

Finance Manohar Parrikar to contest Assembly bypoll from Panaji: Goa BJP chief
Author: 0 Manohar Parrikar to contest Assembly bypoll from Panaji: Goa BJP chief

There was speculation that Parrikar could contest from the Curchorem assembly seat in south Goa, which elected BJP legislator Nilesh Cabral in the February 4 elections with a huge margin. He has to get elected to the Assembly within six months for continuing as the chief minister. It is still not known who will contest against Parrikar in the upcoming Panaji by-election.

Finance LA Olympic organizers putting their plans on display
Author: 0 LA Olympic organizers putting their plans on display

Los Angeles-based Venezuelan conductor Gustavo Dudamel was also in attendance. Now in Los Angeles to assess the LA bid, members of the International Olympic Committee will land in Paris on Saturday to inspect the city's planned venues and meet with French bid leaders.

Author: 0 Trump to work as 'mediator' for Middle East peace

Trump did directly implore the Palestinian leadership to end what Israel and the United States say is anti-Israel rhetoric. "We believe that we are capable and able to bring about success to our efforts, because, Mr. The Israeli Central Bureau of Statistics said the number of Jewish settlers in disputed territory grew from 198,300 in 2000 to 385,900 in 2015. "I'd like to see you hold back on settlements for a little bit", Trump told Netanyahu, even though the Israeli leader said he ...

Finance Trump calls Macron to congratulate him on election win
Author: 0 Trump calls Macron to congratulate him on election win

Macron won the presidency with 66 percent of votes cast for a candidate. Yesterday, the president-elect joined French President Francois Hollande to commemorate the end of World War II. If so, he'll be able to choose a prime minister. He left the Socialist government in August and formed En Marche! Many voters backed him reluctantly, simply to keep out Le Pen's extremism.

Author: 0 Bank of England keeps rates at record low as economy slows

The bank said it expects the United Kingdom economy to grow by 1.7% this year, down from 1.8% it forecast in February. In the end, Forbes remained the sole dissenter with a resulting 7-1 split among policymakers (the committee is now one member short as Charlotte Hogg's seat has not been filled since her recent resignation).

Finance United Kingdom industrial output falls in March
Author: 0 United Kingdom industrial output falls in March

For GDP calculation, ONS had estimated that industrial production climbed 0.3% and construction growth at 0.2%, in line with today's publication. Separate data from the ONS showed Britain's goods trade deficit with the rest of the world widened to 13.441 billion pounds, bigger than the median forecast of 11.8 billion pounds in the Reuters poll of economists.

Author: 0 Warren Buffett Jokes, But Not About Berkshire Paying a Dividend

He said "the shares, when we bought them, were much more reasonable" in price. Nonetheless, the "hatred" pervading American politics could impede any such agreement between Democrats and Republicans, Munger said on CNBC . Buffett said on CNBC that the bloody removal of a 69-year-old passenger from a plane was obviously "a bad mistake ". Unlike in many other countries where much of health care spending is publicly financed, employers provide health insurance coverage for almost half of ...

Author: 0 Oil Rises on Falling US Crude Reserve

The U.S. Energy Information Administration said U.S. crude inventories fell by 5.2 million barrels last week, more than the 1.8 million-barrel slide that was predicted. "U.S. crude oil production is now solidly above 9.3 million barrels per day with more to come, and refined product, especially for gasoline, is oddly weak", said John Kilduff, partner at hedge fund Again Capital in NY.

Author: 0 Lavrov on Comey: Was he fired? You're kidding

An official White House statement on the meeting did not mention that Kislyak was present. There is no scheduled meeting between Trump and Putin yet, Peskov said . But he did not say that he also works for Tass, a Russian state-run news agency. Even for Donald Trump, the timing is a little over the top. The US missile strike angered Moscow and led Lavrov to declare that "it's sad how damaging this is to the already bad relations between US and Russian Federation".

Finance Supporters hail Trump's canning of Federal Bureau of Investigation boss: 'Comey had it coming'
Author: 0 Supporters hail Trump's canning of Federal Bureau of Investigation boss: 'Comey had it coming'

I think Gallagher had it right: "We can not afford any lingering questions". Deputy White House press secretary Sarah Huckabee Sanders said Mr Trump had, over the past several months, "lost confidence in Director Comey ". The Russia investigation has remained a thorn in Trump's side. "At most, the director should have said the FBI had completed its investigation and presented its findings to federal prosecutors".

Finance European Central Bank's Draghi cautiously upbeat on eurozone
Author: 0 European Central Bank's Draghi cautiously upbeat on eurozone

Draghi responded that the stimulus had benefited the economy and ordinary people by helping boost employment. He also called on Eurozone governments to proceed with structural reforms. Some Dutch lawmakers weren't convinced. While Mr. Draghi said that the country would not receive back the surplus money, Mr. Baudet raised a document that referred to the comments made by Mr.

Finance US likely to expand airline laptop ban
Author: 0 US likely to expand airline laptop ban

The ban affected direct flights to the United States from a number of airports in Egypt, United Arab Emirates, Qatar, Jordan, Kuwait, Morocco and Saudi Arabia. Airlines were given 96 hours to comply with new rules. DHS spokesperson David Lapan said on Twitter on Wednesday that a possible expansion of the ban is "under consideration" and that no final decision has been made.

Finance Boeing halts test flights of new plane over engine issue
Author: 0 Boeing halts test flights of new plane over engine issue

The company said Wednesday, May 10, 2017, it was notified of a potential manufacturing-quality issue by CFM, which makes the engines that are going on the Boeing 737 Max . Primera Air, a part of the Primera Travel Group that operates in Sweden, Denmark, Norway, Finland, Iceland and Estonia, seeks to commence flights between Europe and North America with the 737 MAX 9 airplanes.

Finance Penn Station Summer Schedule Coming Week of May 15
Author: 0 Penn Station Summer Schedule Coming Week of May 15

Planned infrastructure repairs at the station - which are expected to take place for almost three weeks in July and three weeks in August - have been extended to include another prolonged service outage next year, Amtrak president and CEO Wick Moorman said at a public hearing Thursday morning.

Author: 0 Has $303000 Stake in Teva Pharmaceutical Industries Ltd (TEVA)

On average, analysts forecast that Teva Pharmaceutical Industries Ltd will post $4.81 earnings per share for the current fiscal year. Point View Wealth Management Inc.'s holdings in Teva Pharmaceutical Industries were worth $1,254,000 as of its most recent SEC filing.

Finance Dakota Access pipeline leaked 84 gallons of oil in April
Author: 0 Dakota Access pipeline leaked 84 gallons of oil in April

This is what we have said all along: "oil pipelines leak and spill", Standing Rock Sioux Tribal Chairman Dave Archambault II said in a statement. "With 1,200 miles of pipeline, spills are going to happen". The local South Dakota paper wrote that a leaky surge pump was the culprit that caused dozens of gallons of crude oil to spill just north of Crandon, South Dakota.

Finance Trump now wants 'massive' NAFTA negotiation
Author: 0 Trump now wants 'massive' NAFTA negotiation

Ross also said he hopes this week to resolve delays in Congress that will allow the White House to give formal notification of the intent to renegotiate the North American Free Trade Agreement with Canada and Mexico, which would start the 90-day clock.

Finance Surveyors warn of 'flat' summer for house sales
Author: 0 Surveyors warn of 'flat' summer for house sales

RICS said enquiries from new buyers have not grown much since last November, showing "stagnant" demand, and sales were said to be "flat" with no change expected in the next three months. In Central London the indicator on prices has been in negative territory for 13 months. The report said price growth ground to a halt in East Anglia and the North East last month.

Finance Housing Affordability and the Budget
Author: 0 Housing Affordability and the Budget

The measure, which also aims to help smaller rivals compete with the banking oligopoly, comes into effect July 1 and was introduced by a centre-right government that has been defending the banks against calls for a wide-ranging inquiry into their practices.

Author: 0 Oil Inventories Fall More than Expected; Prices Rise

This true on several levels but right now I am simply stating that OPEC does not wield the same level of control over oil markets that it once did. Gasoline demand also perked, as USA gasoline futures were up 2.4% after the report. "They'll likely agree to extend into the second half of 2017, but the risk is higher that they'll leak extra barrels onto the market", he said. Two OPEC members are exempt from the cut-Nigeria and Libya- and a third member, Iran, was allowed to boost output to a ...

Finance Australia has better health care system than US - Donald Trump
Author: 0 Australia has better health care system than US - Donald Trump

Trump's statement made Vermont Senator Bernie Sanders laugh out loud during his appearance on MSNBC's "All In with Chris Hayes" late Thursday. If fully enacted - something far from guaranteed given the Senate's skepticism of the bill - the American Health Care Act would take the USA even further away from universal coverage.

Author: 0 Snap posts big 1Q loss, higher revenue, misses expectations

On a quarter-over-quarter basis, the growth was five percent from 158 million. Wall Street analysts had expected the company to report reaching 167.3 million daily active users. Facebook , for example, has been snapping up features present in Snapchat and incorporating them into its own products. That user base still lags behind the 200 million users sending along pictures and videos through Instagram Stories - the primary competitor to Snapchat .

Author: 0 Snap plunges after 1Q report as Facebook's shadow looms

This was despite the fact that the average revenue per user generated by Snap was 90 cents, up 14 percent from last quarter and up 181 percent from the same period a year ago. Growth in Snapchat's user base slowed previous year after Instagram copied Snapchat's "Stories" feature, which lets users post short video clips that disappear after 24 hours.

Author: 0 Trump stirs controversy after sacking Federal Bureau of Investigation director James Comey

As head of the FBI, Comey had been leading the complex counterintelligence investigation that has dogged the Trump White House since Inauguration Day. "He regretted what he did to Hillary but not what he did to Trump", the former Trump adviser said of Comey . Yet the facts of that inquiry were well-known when Trump took office in January and asked Comey to stay on in the job.

Author: 0 American journalist asked to leave 'Kushner family event' in China

The EB-5 program allows rich foreign nationals to invest as little as $500,000 in a USA development project likely to create 10 or more new jobs in order to obtain a green card. US lawmakers have been weighing proposed changes to the program, which would likely affect companies such as Kushner Cos. should it want to raise funds from such investors.

Author: 0 White House: Trump Had 'Very Good' Call With Putin

The White House says Trump and Putin discussed the creation of safe zones in Syria , but there was no mention of this in the Kremlin readout of the call. "We never interfere in the political life and the political processes of other countries and we don't want anybody interfering in our political life and foreign policy processes", said Mr Putin.

Author: 0 Chinese president and new South Korean leader talk nuclear

Security Council resolutions, dominating talks. Conservative U.S. media voiced fears of potential friction between the two allies in dealing with a belligerent North Korea following nearly a decade of conservative rule in South Korea that led to a hard-line approach toward the North.

Author: 0 Malcolm Turnbull continues budget battle with banks

The government plans to spend AU$5.3 billion ($3.9 billion) on building a second global airport in Sydney which is due to open in 2016. Meanwhile Deloitte Access Economics' Chris Richardson said there was some "excellent politics" within the coalition's budget, but was sceptical about the government's promise to return the budget, which is now at 29.4 billion AU dollars (21.6 billion USA dollars) to surplus by 2021.

Finance Workers building road to reach Hanford tunnel
Author: 0 Workers building road to reach Hanford tunnel

A portion of an underground tunnel containing rail cars filled with radioactive waste collapsed at a. It was originally created to hold rail cars for carrying equipment for use in processing plutonium, and some of those contaminated cars are still in the sealed tunnels.

Author: 0 Peel Hunt Gives BGEO Group Price Target With Potential 12.58% Upside

Moreover, Banc Funds Co Llc has 1.4% invested in the company for 1.14 million shares. (NASDAQ:VLRX) has declined 87.08% since October 4, 2016 and is downtrending. Deutsche Bank has "Buy" rating and GBX 323 target. Diageo PLC is an alcoholic beverage company. The stock's market capitalization is GBX 301.36 million.

Finance Fears drug tests may push jobless to crime
Author: 0 Fears drug tests may push jobless to crime

Treasurer Scott Morrison said the idea doesn't trouble him. "If it doesn't work, we will stop doing it". "That is not only unfair, but it will lead to more reliance on other government assistance". "And frankly, the best form of welfare is a job". "Given the severe impact that penalties have, the system should not be restructured without a public review", she said.

Author: 0 Oil spikes as US inventories tumble by more than expected

Concerns about rising output from the United States, Libya and Nigeria continue to weigh on markets, however, and some analysts questioned whether the sharp rebound following the U.S. "If U.S. output continues to level off, supplies continue to decline, and OPEC can agree to, at the very least, extend their quota policy into [the second half of the year], that will be supportive of prices establishing a near-term bottom".

Author: 0 North Korea claims Central Intelligence Agency plotted to kill Kim Jong

According to Pyongyang's state-owned news agency KCNA, Kim inspected the two military units on Jangjae and Mu isles, near South Korea's Yeonpyeong Island that North Korea bombarded in 2010. Kim Sand-duk - a professor who goes Tony Kim, his American name - was detained at Pyongyang International Airport for "hostile criminal acts", KCNA reported, but didn't elaborate on his alleged crimes.

Finance Sinclair buying rival TV operator Tribune for $3.9 billion
Author: 0 Sinclair buying rival TV operator Tribune for $3.9 billion

Fox News owner 21st Century Fox and a NY investment firm were recently in talks to buy Tribune, seeking to acquire Tribune-owned local TV stations including WGN in Chicago and PIX 11 in NY. Despite their respective size, Sinclair and Tribune have little overlap in the locations of their stations. Sinclair, based in the Baltimore area, already owns 139 TV stations in 33 markets across the US, many of them affiliates of ABC, CBS, NBC, Fox and the CW.

Finance Snapdeal founders, Nexus reach deal with SoftBank for sale to Flipkart
Author: 0 Snapdeal founders, Nexus reach deal with SoftBank for sale to Flipkart

The financial instruments at FVTPL include preferred shares of Jasper Infotech ( Snapdeal ) and ANI Technologies (Ola), it added. Ltd, which runs snapdeal .com, an e-commerce site in India, and ANI Technologies Pvt. However, a significant chunk of such investments have shown little signs of recovery, prompting SoftBank to scout for mergers. Disclosure: FactorDaily is owned by SourceCode Media, which counts Accel Partners, Blume Ventures and Vijay Shekhar Sharma among its investors.

Author: 0 North Korea claims U.S. 'biochemical' plot to kill Kim Jong Un

North Korea warned that United States hostility brought the region to the brink of nuclear war. A statement from North Korea's official media announced the accusation and added that their government will "ferret out and mercilessly destroy" US and South Korean "terrorists" who purportedly targeted Kim.

Author: 0 Snapchat's growth stalls in Facebook's shadow in 1Q report

Still, Sanderson said, investors are concerned that unless it rapidly adds users, Snap's ability to sell more advertising will reach a plateau at some point. Indeed, eMarketer projects that most of the Snapchat's usage gains in the U.S. going forward will come from older users. Its earnings (EBITDA) increased by 102% to US$93 million and average revenue per user rose 181% year on year to 90 cents - down from $1.05 in the previous quarter.

Finance Trump Says He Was 'Set to Terminate' NAFTA
Author: 0 Trump Says He Was 'Set to Terminate' NAFTA

Reminder: Trump spent roughly 48 hours with Xi. The ambitious trade pact, which was signed by former president Bill Clinton more than 20 years ago, underpins the trading relationship between the United States and its two neighbours, eliminating virtually all tariffs between the three countries.

Finance Three arrested in airport brawl over Spirit Airlines cancellation
Author: 0 Three arrested in airport brawl over Spirit Airlines cancellation

A hearing on a preliminary injunction is set for May 15. The low-priced carrier says it has filed a lawsuit against the pilots association over an "unlawful job action". Under the US Railway Labour Act, airline employees must be legally authorised before they can carry out a strike. "Simply put", the letter reads, "pilots who want to pick up open time should do so and not be questioned because, under the present circumstances, performing such flying is in all of our interest and supports ...