Economy

BT Group plc (BT.A) Insider Acquires £9932.65 in Stock

BT Group plc (BT.A) Insider Acquires £9932.65 in Stock The company had a trading volume of 163,967 shares. Gildan Activewear Inc (TSE:GIL) has 0.00% since August 14, 2016 and is. It has outperformed by 7.35% the S&P500. The firm earned "Buy" rating on Monday, February 27 by Liberum Capital. This is an increase from Drax Group Plc's previous dividend of $0.40. Its down 0.54, from 0.55 in 2016Q3. [Full Article...]

Sessions: Trump will have more to say on Charlottesville "maybe today"

Sessions: Trump will have more to say on Charlottesville On Sunday, one day after the deadly auto crash, the White House offered reporters a statement in response to questions about Trump's comments. He is our President, with respect, but I think it speaks for itself. The new clip, released by Trump's reelection campaign and posted on his personal website, touted his accomplishments and claimed that "the president's enemies don't want him to succeed... [Full Article...]

Merck CEO resigns from Trump's manufacturing council

Merck CEO resigns from Trump's manufacturing council Mr Trump is yet to condemn the white supremacists who organised Saturday's rally in Charlotteville, in which a auto ploughed into a group of protesters, killing Heather Heyer. I am resigning from the President's American Manufacturing Council. A White House statement on Sunday said: "The president said very strongly in his statement yesterday that he condemns all forms of violence, bigotry and h... [Full Article...]

WPI inflation rises first time in 5 months to 1.88% in July

WPI inflation rises first time in 5 months to 1.88% in July Inflation rate for the primary articles group, which has a weight of 22.62 per cent in the wholesale price index rose by 4.3 per cent in July 2017. "This outlook is also corroborated in the second part of the Economic Survey released last week". [Full Article...]

Global stocks, dollar extend slide as US, North Korea tensions intensify

Global stocks, dollar extend slide as US, North Korea tensions intensify The Swiss franc has gained about 1.3 percent against the dollar so far this week, while the yen has advanced around 1.5 percent in the same period. The US equity market is hovering near record levels and volume has been tepid following the onset of summer. [Full Article...]

GoDaddy gives neo-Nazi website 24 hours to find a new host

GoDaddy gives neo-Nazi website 24 hours to find a new host Shortly before The Daily Stormer went offline on Monday, a post purporting to be by Anonymous claimed it had gained access to the site. Others wondered if GoDaddy hosted other neo-Nazi and white supremacy websites. This evil can not be allowed to stand. According to Anonymous @Your Anon News, a major "Anonymous" Twitter account, the hack had certainly not been carried out by an established... [Full Article...]

United States stocks fall again on North Korea tensions

United States stocks fall again on North Korea tensions The Dow lost 36 points or -0.17%, the S&P 500 slipped just -0.04% and Nasdaq fell -0.28%. On Friday, the S&P 500 rose 3.11 points, or 0.1 percent, to 2,441.32. Biotech companies Celgene and Amgen lost 3.8 percent and 2.6 percent, respectively. BIG GAINERS: Health care stocks were among the big gainers. Nvidia's shares shed more than 5% after the chip maker's revenue rose only 2% from... [Full Article...]

Bitcoin passes $4000 mark to reach all-time high

Bitcoin passes $4000 mark to reach all-time high A few days later Bitcoin locked in SegWit, a code modification that fixes malleability issues and frees up space in blocks, allowing for more transactions to be stored in each one. Bitcoin has been on an incredible rally this year, up over 300% since the start of the year. "It [Bitcoin] has a lot of characteristics that are very similar to gold that I think will make it ultimately attractive ... [Full Article...]

Commonwealth Bank head to retire amid money laundering claims

Commonwealth Bank head to retire amid money laundering claims The bank's chair Catherine Livingstone said in a statement to the stock exchange that Ian Narev "will retire by the end of the 2018 financial year". Earlier this month, the Australian Transaction Reports and Analysis Centre, or Austrac, filed a lawsuit against Commonwealth Bank, alleging tens of thousands of compliance failures that opened the bank up to money laundering. [Full Article...]

North Korea threatens attack on Guam by mid-August

Trump's remarks on Tuesday that North Korea would face " fire and fury like the world has never seen" weighed on Wall Street and drove up the VIX "fear gauge", or the cost of protection against a drop in the S&P 500 . Inflation has risen 1.7% over the past 12 months, suggesting that inflation pressures remain well under control. The major averages ended the session just off their worst levels ... [Full Article...]

Dollar falters on disappointing inflation and jobs data

Dollar falters on disappointing inflation and jobs data The dollar was steady against a basket of six major currencies at 93.385 after falling 0.2 per cent on Thursday, with disappointing US inflation and jobs data adding to the greenback's woes. Gold prices traded at their highest level in more than two months Thursday, adding to the previous session's sharpest daily rise since the middle of May, as simmering North Korean tensions underpinned haven i... [Full Article...]

Stock markets lower, gold price continues to rise amid political tensions

Keeping up his tough talk, U.S. President Donald Trump told reporters that North Korean leader Kim Jong Un's government should "get their act together" or face the consequences, and suggested that his earlier threat to unleash " fire and fury " on North Korea was too mild. [Full Article...]

North Korea nerves push stocks to worst week since November

North Korea nerves push stocks to worst week since November The positive earnings helped lift US stocks to record highs . A small rise in a measure of U.S. consumer prices pointed to benign inflation that could make the Federal Reserve cautious about raising interest rates again this year, which would be favourable to equity investors. [Full Article...]

USA stocks fall on North Korea worries

USA stocks fall on North Korea worries The S&P 500 is up 9 percent, while the Dow is up 10.6 percent. The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite Index fell 39.02 points, or 0.26 percent, to end the day at 15,217.33. base in Guam". Banks and department store shares also were among the big decliners. The stock lost $2.36 to $20.67. Avis Budget Group (CAR.O) fell 5.84 percent as the vehicle rental compa... [Full Article...]

Australian deputy PM reveals he may be New Zealand citizen — BBCI

Australian deputy PM reveals he may be New Zealand citizen — BBCI All Australian parliamentarians sign an oath when elected that they hold only Australian citizenship. This is the latest in a surprisingly high amount of MPs to be caught out in a section of the constitution numerous public didn't even know existed. [Full Article...]

Investors seek safety as N. Korea tension escalates; stocks off, gold up

Investors seek safety as N. Korea tension escalates; stocks off, gold up The dollar weakened after news that USA producer prices unexpectedly fell in July, recording their biggest drop in almost a year and pointing to a further moderation in inflation that could delay a Federal Reserve interest rate increase. "Pretty remarkable, perhaps even extraordinary, considering", said Tim Ash, strategist at fund manager BlueBay. "Risk aversion is still very much a concern for ... [Full Article...]

US stocks slide amid heightened US-North Korea tensions

Stocks tumbled today after President Donald J. Trump said his " fire and fury " comment to North Korea " maybe wasn't tough enough ". Safe-haven assets such as gold and the Swiss franc were again in favor. The S&P 500 index had its biggest one-day drop in nearly three months on Thursday as investors fled riskier assets, with technology stocks leading the charge, in response to an increasingl... [Full Article...]

China Opposes Japan Statements on South China Sea

China Opposes Japan Statements on South China Sea ASEAN members and China on Sunday approved the framework for a code of conduct in the West Philippine Sea/South China Sea and targeted to start the negotiations on the actual code by the end of the year. "The Vietnamese had requested a lot of words to be strong", he said. "The South China Sea doesn't only include the Spratly Islands, and for Vietnam, developments on the disputed Paracels are ... [Full Article...]

U.S. stocks inch higher on Friday

U.S. stocks inch higher on Friday Hong Kong's Hang Seng Index fell 1.22%. The Dow Jones industrial average lost 123 points, or 0.6 percent, to 21,923. Shanghai's main index also tumbled 1.6 percent to 3,208.54 while Australia's S&P/ASX 200 dropped 1.2 percent to 5,693.10. [Full Article...]

Google employees harassed online after engineer's gender gap memo

Google employees harassed online after engineer's gender gap memo Her job: build "a more diverse and inclusive workplace". And needless to say, the issue isn't going away anytime soon. The women's stories bolster the claims of United States labour department officials, who have said that a preliminary analysis found that women face "extreme" pay discrimination across the company and have recently raised concerns that Google's strict confidentiality agreement... [Full Article...]


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