Economy

Treasury doesn't name any countries as currency manipulators

Japan, South Korea, Taiwan (Taiwan OTC: 6549.TWO - news ) and Switzerland also were again included on Treasury's monitoring list. Additionally, US Department of the Treasury established a "monitoring list" of major trading partners that merit close attention to their currency practices. [Full Article...]

German bombing suspect tried to manipulate stock, officials say

In addition to attempted murder, the suspect also was charged by federal prosecutors with inflicting serious bodily harm and staging an attack with explosives. He had to undergo surgery to remove shrapnel in his right arm and wrist, and he is expected to be out of action for much of the rest of the season. "Those options were running until June 17, 2017 and were bought with the ID of the hotel L... [Full Article...]

Ford unveils 1st gasoline-electric hybrid

While the Model 3 is set for a launch later this year and deliveries are expected to start sometime early next year, Volvo's new electric vehicle might take a bit longer to hit the market. The vehicle will be made by GM's joint venture with China's SAIC. Ford announced earlier this month an all-electric SUV and Mondeo Energi plug-in hybrid for the local market. [Full Article...]

Power outage cripples San Francisco for hours

Power outage cripples San Francisco for hours A massive power outage struck downtown San Francisco , leaving 95,000 people without electricity, snarling traffic as intersection signals went dark and stopping the famed cable cars for a time, according to PG&E. Commuters in San Francisco and NY both showed up to work late Friday morning for the same reason: power failures. BART was also affected by the power outage. [Full Article...]

Debenhams (LON:DEB) Receives 'Hold' Rating From Brokers At Deutsche

It now has negative earnings. The Company includes a portfolio of businesses comprising a range of operating models and trading styles. TalkTalk Telecom Group PLC is a provider of fixed line broadband, voice telephony, mobile and television services. [Full Article...]

Leaders of IMF and World Bank defend globalization

Leaders of IMF and World Bank defend globalization That inclusiveness needs to be identified and supported by policies on three dimensions: "within countries, across countries, and between generations", she said. "The tax code is just way, way too complicated, and we want to create a system where the average American does their taxes on a [big] postcard not a major book", he said. [Full Article...]

IMF says Trump corporate tax cuts could lead to financial risk-taking

The report urged USA policy makers to be "vigilant" about the increased leverage and declining credit quality in the corporate sector. Growth in the United States will be below the world average, coming in at 2.3 percent in 2017, after a considerably smaller 1.6 percent previous year. [Full Article...]

Pilot ejects from jet on US aircraft carrier headed to Korea

Pilot ejects from jet on US aircraft carrier headed to Korea Reports said the carrier did not immediately sail north and instead conducted a drill with Australia in the Indian Ocean before moving toward the Korean Peninsula. A senior United States administration official said Trump is expected to speak later on Sunday with Chinese President Xi Jinping and Japanese Prime Minister Shinzo Abe. [Full Article...]

Sessions praises NYPD after 'soft on crime' controversy

The money helps pay for bomb suits, human trafficking investigations, body cameras, community policing, terrorism prevention, and efforts to combat the sexual exploitation of children over the Internet. To the contrary, our elected officials have taken an oath to uphold both state and federal laws. Federal officials, however - in both the Obama and Trump Administrations - have said Sanctuary Ci... [Full Article...]

Worries over Trump policies cloud start of IMF, World Bank meetings

Worries over Trump policies cloud start of IMF, World Bank meetings Germany now chairs the Group of 20, an organization that under the administration of President Barack Obama had become a central forum for working out economic issues among the world's largest economies. Aso tried to make the case for a trade deal involving the U.S., Japan and 10 other Pacific Rim countries. But while acknowledging disillusionment with globalisation, Lagarde said member countrie... [Full Article...]

IMF foresees global economy accelerating to 3.5 pct

The IMF has admitted that Britain's economy has been stronger than it had expected since last year's vote to leave the European Union and said the challenge now is for the United Kingdom is to successfully navigate that exit and trade deals. [Full Article...]

March home sales hit record high, Canadian Real Estate Association says

March home sales hit record high, Canadian Real Estate Association says Wynne said. Premier Kathleen Wynne said the new tax would not target immigrants, and a rebate would be available to foreigners who work in Ontario, those who subsequently get citizenship or permanent resident status and global students. This is the natural outcome of government policies that encourage immigration to Toronto , where there is a finite amount of land available for residential hous... [Full Article...]

Analysts At Stifel Reiterated Vernalis PLC (LON:VER) As Hold

It invests in various sectors, such as banks; insurance; diversified telecommunication services; food and staples retailing; food products; Internet software and services; oil, gas and consumable fuels; automobiles; beverages; construction and engineering; hotels, restaurants and leisure; independent power producers and energy traders; Internet and catalog retail; machinery; pharmaceuticals, real ... [Full Article...]

Zuckerberg mentions Facebook murder video at F8

Zuckerberg mentions Facebook murder video at F8 His death came almost 48 hours after uploading video to Facebook of himself murdering 74-year-old Robert Godwin in Cleveland. Facebook CEO Mark Zuckerberg addressed the "Facebook Killer" tragedy at the beginning of his company's annual developer's conference on Tuesday morning. [Full Article...]

Pagegroup PLC (MPI) Upgraded to Buy at Kepler Capital Markets

It has a 20.56 P/E ratio. The Company's segments include Barclays UK and Barclays International. They now have a GBX 1650.00 price target on Admiral Group PLC (LON:ADM). It operates through two segments: Wood Group Engineering segment, which provides a range of engineering services, such as conceptual studies, engineering, project and construction management, and control system upgrades, to the ... [Full Article...]

United Airlines CEO to visit China over dragged passenger

Meanwhile, a #ChineseLivesMatter petition on the whitehouse.gov petitions page demanding a federal investigation into the incident now has over 200,000 signatures with the number continuing to rise even after it was discovered that the passenger was Vietnamese-American, not Chinese-American. [Full Article...]

United Rentals' (URI) Hold Rating Reiterated at Deutsche Bank AG

United Rentals' (URI) Hold Rating Reiterated at Deutsche Bank AG Other equities analysts have also issued research reports about the stock. United Rentals, Inc. (URI) now has P/E ( Price to Earnings) ratio of 18.42 while the company's industry has 22.39 P/E and the sector P/E is 27.54. The business's quarterly revenue was up.0% on a year-over-year basis. 01/30/2017 - United Rentals, Inc. had its " rating reiterated by analysts at Jefferies. [Full Article...]

Treasury denies Exxon waiver to drill in Russian Federation

The first came just months after the US and European Union imposed wide-ranging sanctions that shut down a drilling project by the two companies in the Kara Sea, the documents showed. oil giant ExxonMobil. Moreover, it's unclear whether the request to the Treasury Department came before or after Tillerson joined the administration. [Full Article...]

France's place in Europe at issue in vote for president

It sets up a battle between Mr Macron's optimistic vision of a tolerant France with open borders against Ms Le Pen's darker, inward-looking platform calling for closed borders, tougher security, less immigration and dropping the shared euro currency to return to the franc. [Full Article...]

Global finance leaders dodge conflict with Trump White House

Global finance leaders dodge conflict with Trump White House A similar change on the issue of protectionism was made in a communique that the Group of 20 major economies issued last month in Baden-Baden, Germany. In a news conference, Kim said a recent study showed that of all the job losses that have hit industrial countries in recent years, at most only 20 percent could be blamed on increased trade competition. [Full Article...]


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