Economy

Oil Slips as US Shale Fears Untempered by Russian Reassurance

Oil Slips as US Shale Fears Untempered by Russian Reassurance Brent crude futures were at $65.85 a barrel, down 36c, or 0.5%. Brent has risen by almost 12 per cent since hitting a two-month low of $61.77 in early February. Analysts also pointed to the nomination of Mike Pompeo as new U.S. Secretary of State as a risk to oil markets, given he fiercely opposed the Iranian nuclear deal as a member of Congress. [Full Article...]

President Buhari Congratulates German Chancellor Merkel on Re-Election

President Buhari Congratulates German Chancellor Merkel on Re-Election In a separate letter, the President said Putin's success for the fourth time in the election is a clear testimony of the confidence Russians have in his leadership. On the poisoning of Sergei Skripal and his daughter in Salisbury, she said: "I wish I did not have to name Russian Federation today, but we can not ignore the evidence". [Full Article...]

Uber, Careem Ride-Hailing Services Might be Banned in Egypt

Uber, Careem Ride-Hailing Services Might be Banned in Egypt Careem said it had not yet received any official request to stop operations in Egypt, and continued to operate as normal. For consumers, Uber and Careem have largely been welcomed, not least since they are seen to provide more safety, properly regulated fees, and greater cleanliness. [Full Article...]

Why Oracle Shares Are Getting Slammed After Earnings

Why Oracle Shares Are Getting Slammed After Earnings Nomura cut shares of Oracle from a "buy" rating to a "neutral" rating in a report on Tuesday. It is down 0.00% since March 20, 2017 and is. One research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and twenty-four have assigned a buy rating to the stock. [Full Article...]

Sensex Falls Over 100 Points, Nifty Struggles Below 10100

Sensex Falls Over 100 Points, Nifty Struggles Below 10100 The Sensex has so far touched a high of 32,876.65 points and a low of 32,810.86 points during the intra-day trade. The BSE Sensex closed at 32,923.12, down by 252.88 points since Friday's close, and the National Stock Exchange's Nifty50 ended 100.9 points lower at 10,094.25. [Full Article...]

Orbitz breach: Expedia says 800000 Orbitz.com customers may have been breached

Orbitz breach: Expedia says 800000 Orbitz.com customers may have been breached On the company's consumer platform, the attacker may have accessed personal customer data between January and mid-June 2016. Orbitz doesn't have any "direct evidence" that such personal information was taken, nor does the company have any evidence that passport or travel information was accessed. [Full Article...]

Standoff ended, armed man was inside Panera Bread near Princeton University

Standoff ended, armed man was inside Panera Bread near Princeton University Police have closed Nassau Street and are urging people to stay away. Henry House and Scheide-Caldwell, the two campus buildings closest to the restaurant, are being evacuated, according to University police. In a tweet, Princeton High School Principal Gary Snyder said the district is monitoring the situation and "are in "shelter-in-place" status as a precaution". [Full Article...]

Somerville Kurt F Has $879000 Position in The Coca-Cola Company (KO)

Somerville Kurt F Has $879000 Position in The Coca-Cola Company (KO) It has underperformed by 48.81% the S&P500. (JOUT) by 33% based on its latest 2017Q3 regulatory filing with the SEC. A-D-Beadell Investment Counsel Inc sold 6,900 shares as the company's stock rose 6.48% with the market. (1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell). On Thursday, October 26 the stock rating was maintained by Morgan Stanley with "Equal-Weight". [Full Article...]

United suspends pet cargo flights

United suspends pet cargo flights United did not identify specific aspects of the PetSafe program it's targeting for review but said it plans to work with independent experts in pet safety, comfort and travel. On Thursday, a St. Louis-bound flight had to take a sudden detour when the airline discovered it had loaded a dog in cargo that was meant to go to Akron, Ohio . [Full Article...]

'Turning point' as inflation falls to seven-month low

'Turning point' as inflation falls to seven-month low The level of inflation fell in February, with the worst of the Brexit driven prices increases seen in the United Kingdom in the last 18 months now appearing to be over. Upward pressure on prices from the weaker pound following the Brexit vote has now largely fed through to the supermarket shelves. "A further interest rate rise would be justified this spring". [Full Article...]

Amazon Has Considered Buying Some Toys 'R' Us Stores

Amazon Has Considered Buying Some Toys 'R' Us Stores Amazon declined to comment on the reports, while Toys R Us did not immediately respond to requests for comment. Amazon sees voice as the next interface for people to access technology - supplanting computer mouses and touch screens - and the benefits may be easier to demonstrate in a real-world setting. [Full Article...]

ST Ives (SIV) Receives Buy Rating from Peel Hunt

As per Wednesday, October 25, the company rating was maintained by Liberum Capital. The firm earned "Add" rating on Thursday, February 1 by Numis Securities. Peel Hunt maintained the stock with "Hold" rating in Monday, February 20 report. The rating was maintained by Cowen & Co with "Buy" on Wednesday, September 6. [Full Article...]

Channel 4 reveals 28pc gender pay gap

Channel 4 reveals 28pc gender pay gap The UK's gender pay gap regulations require legal employing entities with 250 or more employees to publish details of their gender pay and bonus gap. Channel 4 chief executive Alex Mahon said the findings made for "uncomfortable reading", but added that she was "determined to take action to address it". [Full Article...]

Dublin ranks high on quality of living ranking

Dublin ranks high on quality of living ranking With a population of 1.8 million, Vienna topped the survey for the ninth year in a row, boasting a vibrant cultural scene, comprehensive health care and moderate housing costs. City infrastructure was also ranked separately this year, but Mercer says this still "plays an important role when multinationals decide where to establish locations abroad". [Full Article...]

Facebook and Other Tech Companies Drag Down Stock Markets

Facebook and Other Tech Companies Drag Down Stock Markets The Dow Jones industrial average slid 335.60 points, or 1.3 percent, to 24,610.91. The Dow Jones industrial average and the Standard & Poor's 500 index were both down almost 1.5 percent, while the tech-heavy NASDAQ was off more than 2 percent. [Full Article...]

Gold moves lower as the dollar and rates go higher

Gold moves lower as the dollar and rates go higher Spot gold was down 0.3 percent at $1,312.97 an ounce at 1002 GMT, while the dollar was slightly stronger against a basket of major currencies. In the previous session, it touched $1,307.51 an ounce, its lowest since March 1. USA bond yields had risen earlier on Monday in line with higher European bond yields after the European Union and Britain reached a deal on a Brexit transition and after a rep... [Full Article...]

Self-driving technology faces critical test after first death

Self-driving technology faces critical test after first death Depending on who is found to be at fault, the accident could have far-reaching consequences for the development of self-driving vehicles, which have been billed as potentially safer than cars with humans at the wheel. Uber said they would "fully cooperate" with local authorities in the investigation. A woman killed by a self-driving Uber auto as she crossed the road has been identified. [Full Article...]

IBM built a computer that's smaller than a grain of salt

IBM built a computer that's smaller than a grain of salt In fact, IBM say it's about as powerful of the x86 chip from 1990. In comparison, the last " world's smallest computer " to make a big splash was the Michigan Micro Mote in 2015, which measured a whopping 2mm across. Well, it's an easy way to put computers on things that traditional computer chips wouldn't fit on. Despite its size, the IBM computer has the ability to run AI-based process... [Full Article...]

Volkswagen reveals new ID R Pikes Peak hill climb prototype

Volkswagen reveals new ID R Pikes Peak hill climb prototype Volkswagen's last entry in the hill climb race took place in 1987, when a dual engine Golf developing 652 horsepower didn't manage to impress. "The entire team behind our driver Romain Dumas is highly motivated to set a new record for electric cars", added Sven Smeets, director of Volkswagen Motorsport. [Full Article...]

IShares MSCI France (EWQ) Declines 0.03% for Mar 17

IShares MSCI France (EWQ) Declines 0.03% for Mar 17 Separately, Exchange Capital Management Inc. grew its position in shares of Fidelity MSCI Utilities Index ETF by 42.0% in the fourth quarter. Merit Financial Group LLC purchased a new stake in shares of iShares MSCI Japan ETF during the 4th quarter worth approximately $1,900,000. [Full Article...]


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