Economy

PM Modi congratulates Ireland PM Leo Varadkar

Varadkar will succeed Enda Kenny , who stepped down in May, following him involvement in a corruption scandal. I am glad that we can count on Leo Varadkar to ensure the stability of the island and avoid any disruption to the lives of Irish citizens. [Full Article...]

Saudi Arabia Rewrites Succession as King Replaces Heir With Son, 31

Saudi Arabia Rewrites Succession as King Replaces Heir With Son, 31 The prince, known as MBS, already oversees a vast portfolio as defense minister. King Salman's decree also means Prince Mohammed bin Salman , 31, will become deputy prime minister while continuing as defence minister. "Saudi Arabia's stability and development serves the common interests of regional countries and the global community", Foreign Ministry spokesperson Geng Shuang said at a regu... [Full Article...]

All America's Cup coverage highlights

At Auckland's Viaduct Harbour on Tuesday evening, a special $500,000 red, white and blue lighting rig and fireworks display took place, ahead of next weel's parade. "It was a huge sense of relief for us, particularly after what happened in 2013, " John said. The victory came down to a nail biting finale and the final race of the event, but the team show their determination by never giving up to ... [Full Article...]

Draghi: ECB will be cautious in adjusting stimulus effort

Draghi: ECB will be cautious in adjusting stimulus effort Officials in the USA central bank have said they will look beyond a slowdown of inflation and continue their current interest rate increase trajectory although investors have become skeptical and pricing in the market shows just a chance of 40% of an increase at the December meeting of the Fed . [Full Article...]

Darden Restaurants, Inc. (DRI) Releases FY18 Earnings Guidance

Darden Restaurants, Inc. (DRI) Releases FY18 Earnings Guidance The company provided EPS guidance of $4.38-4.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.42. Ledyard National Bank boosted its stake in shares of Darden Restaurants by 399.4% in the first quarter. 03/29/2017 - Darden Restaurants, Inc . was downgraded to " by analysts at BTIG Research. The stock has "Buy" rating by Maxim Group on Wednesday, November 11. [Full Article...]

Greece hoping to finally secure long-term debt relief deal

Greece hoping to finally secure long-term debt relief deal The latest tranche of the global bailout will help avert a fresh debt crisis in July when the next €7bn euro repayment of loans becomes due. During a meeting in May past year, Greece and the institutions outlining short, medium and long-term debt measures for the beleaguered country reached an agreement. [Full Article...]

The Cybg Plc (CYBG) Upgraded by Jefferies Group LLC to Hold

The stock increased 0.46% or $0.06 during the last trading session, reaching $13.1. About 222,242 shares traded. It is down 0.00% since June 27, 2016 and is. Deutsche Bank AG reiterated a "buy" rating on shares of Associated British Foods plc in a research report on Tuesday, February 28th. Canaccord Genuity maintained the stock with "Buy" rating in Tuesday, November 8 report. [Full Article...]

Pilot Told Passengers to Pray During Terrifying Airliner Incident

Pilot Told Passengers to Pray During Terrifying Airliner Incident The pilot told passengers he was scared and asked them twice to pray . Passenger Damos Stevens, who filmed some of the juddering flight, told CNN the pilot did a great job, but AirAsia's communication with passengers on the ground had been poor. [Full Article...]

Kiev vehicle bombing treated as terrorist attack

Kiev vehicle bombing treated as terrorist attack German postal and logistics company Deutsche Post said systems of its Express division in the Ukraine have in part been affected by a cyber attack. There has been major disruption to the Ukrainian power grid, banks and government offices. [Full Article...]

Chile feels the fatigue from its all-out play in Confed Cup

Portugal's all-time leading scorer swept the ball home in the 33rd minute, his 75th goal for his country and Bernardo Silva added the second four minutes later. Meanwhile Andre Silva of Portugal said Pepe's two yellow cards may have forced out the ace midfieder out of the semi-finals but the inform European champions have enough adequate replacements. [Full Article...]

Russia regrets new US sanctions, mulls retaliatory moves

Despite some reluctance from Moscow-sympathetic members like Italy, these sanctions-restricting Russian banks' global market access and blocking most arms trading-are expected to be unanimously renewed. The death toll in fighting between government forces and the rebels in eastern Ukraine has mounted steadily to above 10,000 since the conflict broke out following the ouster of a pro-Russian gove... [Full Article...]

Uber makes it easier to arrange trips for other riders

Uber makes it easier to arrange trips for other riders The new feature is rolling out in the United States starting today and will be available to 30 other countries. Customers can then select a rider from their address book, set a destination and request the ride. Uber is adding the ability to book rides for other people. "What we've learned through research is that at a macro level, people want an easy way to request a ride for a loved one". [Full Article...]

New Zealand whitewash US on way to America's Cup triumph

New Zealand have beaten defending champions Team USA to take the 35th America's Cup -international sport's oldest trophy. When the cheers rang out from the Royal New Zealand Yacht Squadron in Auckland this morning, people around the country gathered in yacht clubs to watch and celebrate Team New Zealand's victory. [Full Article...]

Advertising giant WPP among firms affected by worldwide cyber attack

Meanwhile, according to the country's media, dozens of big banks, particularly Oschadbank and Privatbank, have limited customer service operations. Also, Ukrainian aircraft maker, Antonov, is said to have been hit by the cyber attack. In addition, the Antonov aircraft-builder, the Kiev metro and Borispol global airport have confirmed cyber attacks on their computer systems. Ukrainian Deputy ... [Full Article...]

Nintendo goes classic with mini Super Nintendo console

Nintendo goes classic with mini Super Nintendo console It comes with 30 classic built-in games, the original controller, and an HDMI upgrade to play on your TVs. Even with a higher supply, it may be hard to find a Super NES Classic in the wild since gray-market buyers will likely be snatching them up as quickly as they can. [Full Article...]

Positive global cues buoy equity markets

Positive global cues buoy equity markets At 9.40 a.m., the wider Nifty of the National Stock Exchange (NSE) inched up by 3.45 points, or 0.04 per cent, to 9,578.40 points. He added that on the global front, Federal Reserve chief Janet Yellen's speech today will be eagerly heard to get an insight on the plan to trim the balance sheet and timing of next rate hike. [Full Article...]

Reckitt Benckiser Group PLC (RBGLY) Receives $3061.50 Average PT from Analysts

This has been released in a research note on 15 June. The rating was maintained by JP Morgan with "Overweight" on Monday, May 23. Macquarie have a GBX 426.00 target price on the stock. Therefore 28% are positive. AlphaValue maintained the shares of VOD in report on Thursday, December 24 with "Add" rating. Macquarie Research maintained the stock with "Neutral" rating in Tuesday, May 2 report. [Full Article...]

British grocers' sales growth hits five-year high

British grocers' sales growth hits five-year high Supermarket sales growth accelerated to 5% over the three months to June 18 - the strongest increase since March 2012 and a stark contrast to the 0.2% decline seen this time a year ago - despite the ongoing political and economic uncertainty, Kantar Worldpanel grocery market share data reveals. [Full Article...]

Are Analysts Bearish IFG Group PLC (LON:IFP) After Last Week?

London-listed Bae Systems (LON:BA), was cut by stock research analysts at JP Morgan Cazenove. Numis Securities Ltd reissued an add rating and issued a GBX 1,215 ($15.48) price target on shares of Morgan Sindall Group PLC in a report on Thursday, May 4th. [Full Article...]

Amazon and Flipkart get relief as government temporarily delays several GST provisions

Amazon and Flipkart get relief as government temporarily delays several GST provisions Divyesh Lapsiwala, tax partner at consulting firm EY India, said , "The objective is to track transactions and not collect taxes, and therefore it is imperative that the "collectors" have a clear point of view from the government". Here tax will be collected at every stage. GST imposed by center is Central GST (CGST) whereas levied by the states (includes Union territories with legislature) is ... [Full Article...]


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