Economy

Northrop Grumman to buy rocket maker Orbital ATK

Northrop Grumman to buy rocket maker Orbital ATK A Saudi-led coalition, which is supported by the United States, has been carrying out airstrikes in Yemen since March 2015. Orbital ATK makes launch vehicles and their propulsion systems; missile technology, defense electronics, precision weapons, armament systems and ammunition. [Full Article...]

Nifty registers new closing high, Sensex spikes 150 points

Nifty registers new closing high, Sensex spikes 150 points Meanwhile, the broad based NSE Nifty went up by 67.70 or 0.67% at 10,153.10 with 36 components registering rise. The NSE 50-share Nifty that scaled all time high level of 10,170 in morning trade, was up by 81.70 points or 0.81 per cent at 10,167.10. [Full Article...]

Troy Demands Clarity From Ryanair On Flight Cancellations

Troy Demands Clarity From Ryanair On Flight Cancellations In total, more than 2,000 flights will be grounded, affecting as many as 400,000 passengers . Ryanair are emailing passengers whose flights will be affected and are updating their website daily with the list of flights cancelled. [Full Article...]

Hurricane Irma: Six die in blacked out Florida nursing home

Hurricane Irma: Six die in blacked out Florida nursing home In a statement , the Florida Department of Health said, "It is 100 percent the responsibility of health care professionals to preserve life by acting in the best interest of the health and well-being of their patients". Another 18 patients in an adjacent behavioral health facility also were evacuated. "'Mucho calor, ' [my sister] says in Spanish, 'Mucho calor.' She write in the message, 'Mucho c... [Full Article...]

'Pure speculation': British Home Sec dismisses Trump's Parsons Green tweets

'Pure speculation': British Home Sec dismisses Trump's Parsons Green tweets However, Home Secretary Amber Rudd says that over the next few days, the military will return to their original positions, having supported police over the weekend following the bombing on Friday. The Joneses, who previously received MBEs from the Queen for services to children and families, are believed to have fostered hundreds of young people including refugees. [Full Article...]

Airlines Cancel NZ Flights, Ration Fuel After Pipeline Leak

Airlines Cancel NZ Flights, Ration Fuel After Pipeline Leak As the jet fuel crisis is outside airlines' control, you could be left out of pocket if you don't have travel insurance. Energy and Resources Minister Judith Collins has spoken to Refining NZ and the heads of fuel companies affected by the disruption to the Marsden Point pipeline to Auckland and offered Government support if it is required. [Full Article...]

Vettel not sure what happened in crash

Vettel , Raikkonen and Verstappen have all been called to the stewards regarding their Lap-1 clash, in which the Red Bull driver appeared to get squeezed between the two red cars. "At the same time, vehicle 5, which had a slower start, moved to the left hand side of the track; auto 33 and auto 7 then collided resulting in a chain collision with auto 5 and, ultimately, auto 14 ( Fernando Alonso... [Full Article...]

GST Network bugs: Sushil Modi rushes to reassure taxpayers about tech glitches

GST Network bugs: Sushil Modi rushes to reassure taxpayers about tech glitches Even as Bihar deputy chief minister Sushil Modi attempted to assure the taxpayers that GST Network, the IT backbone for GST, has been plagued only by minor technical glitches that will be resolved soon, he pointed out that failure of taxpayers to file returns well before the deadline was contributing to the stress on the system. [Full Article...]

British Airways flight security scare forces evacuation in Paris

British Airways flight security scare forces evacuation in Paris A spokesman for Aeroports de Paris said an incident "linked to security" had led staff to evacuate the 130 passengers onboard Heathrow-bound flight BA303. He said: "Everybody's been individually searched by armed officers and given all clear". "They need to make sure everybody and everything has been searched". [Full Article...]

Dow, S&P close out impressive week at new all-time highs

USA retail sales unexpectedly fell in August (http://www.marketwatch.com/story/us-retail-sales-slump-near-end-of-summer-2017-09-15), dropping 0.2% in their second decline of the past three months. The S&P 500 tech index has been the best performing sector this year, rising more than 25 percent, far outpacing the broader S&P 500's 11.5-percent growth. [Full Article...]

Burundi refugees killed in Congo clashes

Burundi refugees killed in Congo clashes Interior minister Josue Boji said that troops tried to disperse the refugees, who were fleeing violence and unrest in their own country, when the group started to throw stones. The Special Representative of the UN Secretary-General Congo, Maman Sidikou, in a statement said that he condemned the acts of violence perpetrated in Kamanyola. [Full Article...]

Moriya takes slender Evian lead

Moriya takes slender Evian lead Women's British Open victor In-Kyung Kim bogeyed the par-4 18th in her round of 69. "It was good for me playing in the last group in a major at Kingsbarns". The 65 she returned on Saturday is tied for the lowest round of her career, and she knows that she'll need to duplicate that effort on Sunday to give herself a chance for that elusive first LPGA win. [Full Article...]

Dow And S&P 500 Climb To New Record Closing Highs

The S&P 500 also hit record highs by jumping 0.2 per cent to end trading at 2,500.23. Reports showing an unexpected drop in USA retail sales last month and the first drop in industrial output since January, both in part due to the impact of Hurricane Harvey, were also largely shrugged off by the market. [Full Article...]

Analysts Watch Chesapeake Utilities Corporation (NYSE:CPK) And Issue New Targets

Analysts Watch Chesapeake Utilities Corporation (NYSE:CPK) And Issue New Targets The Stock now has a Weekly Volatility of 5.29% and Monthly Volatility of 4.31%. The Bluemountain Capital Management Llc holds 2.00 million shares with $75.22M value, down from 2.69 million last quarter. For CHK , the company now has $13 Million of cash on the books, which is offset by $3 Million current liabilities. Shares for $145,988 were sold by SCHIMKAITIS JOHN R. [Full Article...]

Alphons stokes row over high oil prices

Alphons stokes row over high oil prices His comments come at a time when the Modi government is facing criticism over the hike in fuel prices which are at a three-year high when worldwide crude prices have crashed. "Lot of people do not have a house". "We are imposing the taxes so that the poor have a dignified life". Former petroleum minister M Veerappa Moily called Alphons' remarks atrocious and insensitive. [Full Article...]

Anti-doping agencies call for Russian Federation ban at Games

Anti-doping agencies call for Russian Federation ban at Games For instance, none of them pursued interviews Dr. Rodchenkov, who went into hiding in the United States after two senior Russian Anti-Doping Agency officials involved with the scandal, Vyacheslav Sinyev and Nikita Kamaev, died unexpectedly in the same month. [Full Article...]

Ireland's Ryanair to cancel 40-50 flights per day

Ireland's Ryanair to cancel 40-50 flights per day Customers will be contacted directly about this small number of cancellations and offered alternative flights or full refunds. Ryanair also said the cancellations, which amount to 2pc of its network, won't have an impact on earnings in September and October. [Full Article...]

EU Cancels Myanmar Trade Visit as Rohingya Violence Rages On

EU Cancels Myanmar Trade Visit as Rohingya Violence Rages On Myanmar's state counsellor and de-facto leader Aung San Suu Kyi, a Nobel Peace Prize-winner, has been sharply criticized for turning a blind eye to ethnic violence. "The evidence is irrefutable - the Myanmar security forces are setting northern Rakhine State ablaze in a targeted campaign to push the Rohingya people out of Myanmar", said Tirana Hassan, Amnesty's crisis response director said ... [Full Article...]

Technical Trading: Following Shares of Bristol-Myers Squibb Co (BMY)

Technical Trading: Following Shares of Bristol-Myers Squibb Co (BMY) It has underperformed by 9.16% the S&P500. Cummins Inc. designs, manufactures, distributes and services diesel and natural gas engines and engine-related component products. As per Wednesday, August 2, the company rating was maintained by BTIG Research. 1 of these were buys and 3 were sells. Caldarella Joseph C sold 8,096 shares worth $463,779. [Full Article...]

Trump uses London attack to promote his travel ban

Trump uses London attack to promote his travel ban Earlier in the day, Trump said in a series of tweets that perpetrators of the explosion in London subway are "loser terrorists" who are "under the sight of Scotland Yard ". "The Internet is the main recruitment tool that we must cancel and use it better", announced PLOTUS via Twitter . " We have to be tougher and we have to be smarter ". [Full Article...]


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