Economy

Official Cash Rate Unchanged At 1.75 Percent

The New Zealand dollar fell sharply immediately following the release of the Reserve Bank of New Zealand (RBNZ ) statement, dropping 1.4 percent to an 11-month low of $0.6843. The RBNZ forecasts that the average official cash rate will rise in the third quarter of 2019. "The banking sector is already doing the work for the RBNZ by lifting rates amidst stiff competition for deposits and that's a... [Full Article...]

Chibok girls: Another masterstroke from President Buhari -Gov Sani Bello

Chibok girls: Another masterstroke from President Buhari -Gov Sani Bello She was among 83 teenagers who Boko Haram jihadists had agreed to release at the weekend but only 82 came back, said a spokesman for Nigerian president Muhammadu Buhari . But it was the mass kidnapping of 276 girls in April 2014 that horrified the world and brought the extremist group global attention. Senior Special Assistant to President Muhammadu Buhari on Media and Publicity, Garba Shehu,... [Full Article...]

Whitbread plc (WTB) Receives "Buy" Rating from Deutsche Bank AG

Therefore 63% are positive. Diageo PLC had 263 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was maintained by Citigroup on Wednesday, November 23 with "Buy". Ubs Asset Mgmt Americas reported 72,087 shares stake. Moreover, Oaktop Capital Management Ii Ltd Partnership has 1.88% invested in Pets at Home Group PLC (LON:PETS) for 373,675 shares. [Full Article...]

Lt Ummer Fayaz Kidnapped And Killed: Terrorists Targeting Kashmiris In Uniform?

Lt Ummer Fayaz Kidnapped And Killed: Terrorists Targeting Kashmiris In Uniform? While assuring that the perpetrators of the crime will be brought to justice, the information and broadcasting minister said "shocked at the killing of Lt. The killing sparked anger among locals who demanded the killers be identified and punished. He then underwent training at the National Defence Academy near Pune and the Indian Military Academy in Dehradun before being commissioned. [Full Article...]

Samsung Posts Biggest Quarterly Net Profit Since 2013 on Chip Sales

Samsung's operating profit jumped 48 percent to 9.9 trillion won ($8.73 billion) matching the company's earlier guidance. A memory chip super-cycle and the revival of the mobile business - damaged by the costly failure and fire-prone Galaxy Note 7 previous year - look set to underpin Samsung's profitability after the best quarterly result since 2013. [Full Article...]

New lumber tariff could increase home prices — FAST FACTS

The two leaders met at the White House earlier this year. The step escalates an economic battle among neighboring countries that normally have one of the friendliest worldwide relationships in the world. Susan Yurkovich, president of the B.C. Lumber Trade Council, said the USA industry trade action is created to push up lumber prices for their benefit. [Full Article...]

Trump considers raising the federal gas tax

Trump considers raising the federal gas tax The White House officials' plan to drop the tax rate to 15% on corporations and pass-through businesses would blow a hole in the deficit that it would be hard to make up for with growth. This amount of income would essentially not be taxed at all. Trump had said during the presidential campaign that he would release his returns once the ongoing audit is completed. [Full Article...]

Nadler Financial Group Inc. Sells 232 Shares of Cisco Systems, Inc. (CSCO)

A number of other large investors have also recently added to or reduced their stakes in the company. (NYSE:CLF) closed at $6.26 a share in the latest session and the stock value rose nearly -25.56% since the beginning of this year. Wells Fargo maintained Cisco Systems , Inc. Credit Suisse Group AG upgraded Cisco Systems from an "underperform" rating to an "outperform" rating and lifted their t... [Full Article...]

Indian shares scale new peak; consumer stocks rally on rain hopes

Indian shares scale new peak; consumer stocks rally on rain hopes Mumbai: The Indian equity markets traded on a flat-to-positive note during the early morning trade session on Tuesday, as healthy buying was witnessed in banking, auto, capital goods and consumer durables stocks. Zee Entertainment Enterprises ended up 4% at 516.05 rupees after the company said fourth-quarter profit jumped nearly seven times, helped by a one-time gain from the sale of its sports te... [Full Article...]

Kelly Ripa announces new, permanent 'Live' co-host

According to Hollywood Reporter , he will also be an executive producer on the show. "Today the next chapter of the "Live" story is about to be written," the 46-year-old TV personality said on the air before she made the big reveal. Strahan had hosted alongside Ripa for four years. Seacrest is no stranger to TV audiences as he has hosted a multitude of events, including American Idol. [Full Article...]

Murdered Delaware trooper served the force for almost a decade

Murdered Delaware trooper served the force for almost a decade When he asked the passenger to step out, that's when the suspect, identified as 26-year-old Burgon Sealy, opened fire. Lt. Thomas Brackin, the president of Delaware State Police Troopers Association, says Ballard was a "very dedicated family man" and "very well-liked and respected by those he worked with". [Full Article...]

Crude prices rise in expectation of Aramco supply cut

West Texas Intermediate crude both fell to session lows below $49 and $46 a barrel, respectively. USA light crude was up 35 cents at US$46.57 a barrel, up from an intraday low of US$45.83. From now until the OPEC meeting on May 25, we expect to see increased volatility and a two-sided trade. The chairman of energy consultancy FGE Fereidun Fesharaki said: "They ( OPEC ) are looking at (extendin... [Full Article...]

Congress puts airlines on notice about customer service

United Airlines CEO Oscar Munoz, left, prepares to testify on Capitol Hill in Washington, Tuesday, May 2, 2017 , before a House Transportation Committee oversight hearing. United Airlines Inc UAL.N executives faced harsh criticism from US lawmakers that demanded answers on Tuesday following the forcible removal of a passenger from an overbooked flight in April, with the carrier's chief executive... [Full Article...]

United States nuclear site collapse a 'Chernobyl waiting to happen'

Past year local media reported a "leak in a massive nuclear waste storage tank" had happened in 2012, which one worker described as "catastrophic". Workers were told to evacuate and, "as a precaution, workers in potentially affected areas of the Hanford Site have gone indoors", according to the statement. [Full Article...]

Trooper slaying suspect shot dead after standoff

As Sealy exited the home, he opened fire on law enforcement, who responded with fatal force. Police say Sealy pursued him, and fired at Ballard, hitting him in the upper body. The driver of the first vehicle was questioned and released without any charges, police said. Police warned nearby residents to stay inside and lock their doors, and hostage negotiators established contact, trying to get S... [Full Article...]

Trump signs spending measure keeping gov't open

While Republicans do have majorities in both the House and Senate, their 52-seat Senate majority is too thin to break a filibuster unless eight Democrats side with the GOP. He claimed that will serve as "a down payment" on his promised southern border wall - even though the deal does not fund new construction - and said the bill "is a clear win for the American people". [Full Article...]

Oil prices inch lower as market sentiment turns bearish

Oil prices inch lower as market sentiment turns bearish The efforts of the Organization of the Petroleum Exporting Countries to reduce global oil inventories have been undermined by a surge in USA drilling, which has knocked more than 10 per cent off the price of oil in the last month. "Opec members have no choice but to talk up prices by signalling an extension to the production cuts agreement". Saudi Arabia's Minister of Energy, Industry and Minera... [Full Article...]

Atalaya Mining PLC (ATYM) Earns Buy Rating from Canaccord Genuity

The correct version of this report can be accessed at https://www.com-unik.info/2017/05/07/easyjet-plc-ezj-stock-rating-reaffirmed-by-hsbc-holdings-plc-updated-updated.html. The stock increased 2.58% or $0.13 on May 8, reaching $5.02. 108.75 million shares or 6.28% more from 102.33 million shares in 2016Q3 were reported. [Full Article...]

Labour set to lose votes in North East

But how nurses plan to vote does not necessarily tally with which party's policies they think were most friendly to health and social care, suggesting issues like Brexit are more important for some. Labour leader Jeremy Corbyn vowed to make a success of Brexit, promising jobs, strong industries and a fairer society if he becomes Prime Minister. [Full Article...]

If anything can shake the Fed's 2017 Rate path, it's these risks

The decision to leave the target federal funds rate unchanged in a range of 0.75 per cent to 1 per cent was unanimous and in line with forecasts. Job gains were described as "solid", as were the fundamentals underpinning the continued growth in consumer spending. [Full Article...]


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