Economy

North Korea's long history of hacking

Security researchers have flagged a possible link between North Korea and the massive cyberattack that hit at least 150 countries around the world. North Korea has "ample technical reason" to carry out yet another nuclear test as the regime seeks to develop a reliable intercontinental ballistic missile that can deliver nuclear weapons, a US nuclear scientist said. [Full Article...]

Guam residents cast wary eye at North Korea after launch

Kaspersky Labs said that though any link to North Korea is inconclusive, researchers around the world must investigate the similarities and work to find out more about the origin of WannaCry. The 2014 Sony hack was also pinned on the hacker collective. "But it's worth looking deeper, being conscious of confirmation bias now that North Korea has been identified as a possibility", Woodward said. [Full Article...]

How major US stock market indexes fared on Tuesday

How major US stock market indexes fared on Tuesday On the economic front, USA industrial production advanced one percent in April, the largest monthly gain since February 2014 and topping market estimates, the Federal Reserve reported Tuesday. HIGHER ENERGY STOCKS: The rise in oil's price pushed energy stocks in the S&P 500 to a 0.6 percent gain, one of the largest among the 11 sectors that make up the index. [Full Article...]

Former Mossad chief: Israel will "think twice" before sharing sensitive info

The revelation that Trump boasted about some of Israel's most sensitive information to the Russians could damage the relationship between the two countries. But Canada depends on the USA for a lot of intelligence - and if allies get more selective with what they share with the US, it could have implications for Canada. [Full Article...]

Trump Asked Comey To Shut Down Flynn Investigation

Meanwhile, Democratic leaders quickly described the actions Comey depicted in a memo as "obstruction of justice". Republicans weren't going that far. Comey was so appalled by the request from Trump, that he wanted to document it, the source said. "Memos, transcripts, tapes - the list keeps getting longer", he said. [Full Article...]

France's Macron to name ministers on Wednesday as rivals fear 'dynamiting'

France's Macron to name ministers on Wednesday as rivals fear 'dynamiting' Edouard Philippe was appointed French Prime Minister on May 15, 2017 . Winning the Games would be a big boost for France after years of fading global influence - and a boost for Mr Macron as the untested 39-year-old president embarks on his term and a risky effort to reinvigorate the French economy. [Full Article...]

Tata Steel rises 5% on narrowing of Q4 losses

Tata Steel rises 5% on narrowing of Q4 losses Consolidated operating profit of the company was in excess of Rs 17,000 crore for the fiscal year 2017, which is the highest in the last six years. Revenue rose 22 per cent compared with a year earlier, to 354.6 billion rupees. Tata Steel is the top index gainer and along with JSW Steel is contributing nearly 60 per cent to the index gains. An RAA is an arrangement, allowed under pension law, wh... [Full Article...]

Bank of England poised to readjust growth outlook

Usually BoE inflation forecasts show inflation falling back to target. Echoing language from the last policy meeting in March, the bank said it would not take much upside news on growth and inflation for some other members of the MPC to join Forbes. [Full Article...]

Boeing resumes 737 MAX test flights

Boeing resumes 737 MAX test flights File picture shows ground crew members escorting a Boeing 737 MAX as it returns from a flight test at Boeing Field in Seattle, Washington, January 29, 2016. She added that the problem involves only one of several suppliers of the part, meaning it would not disrupt production of the engines. Andries said on Thursday that CFM still hoped to deliver as many as 500 LEAP engines this year, including va... [Full Article...]

Big 5 Sporting Goods Corporation (NASDAQ:BGFV) Receives An Update From Brokers

Big 5 Sporting Goods Corporation (NASDAQ:BGFV) Receives An Update From Brokers The lowest price the stock reached in the last trading day was $6.18 and compares with the $6.05 52-week low. The stock's current RSI reading is at 35.13. The stock was sold at an average price of $14.57, for a total transaction of $27,173.05. The sale was disclosed in a legal filing with the SEC, which is available through this link . [Full Article...]

Synergy Pharma reports 1Q loss

Synergy Pharma reports 1Q loss Currently, the market capitalization of Synergy Pharmaceuticals, Inc. ( SGYP ) is at 42.22. Rodman & Renshaw reaffirmed a "buy" rating and set a $18.00 price objective on shares of Synergy Pharmaceuticals in a research report on Friday, March 3rd. [Full Article...]

President Trump Says He Could Pick New FBI Director By Next Week

Schiller was among those Trump consulted about Comey and was tapped by the president to deliver a letter informing the director of his firing. "I was going to fire regardless of recommendation", Trump claimed. Trump's position is on the issue. Others who've made the list include: Former NYPD Commissioner Ray Kelly, an ardent defender of stop-and-frisk; Former Deputy Attorney General Larry Th... [Full Article...]

Ambitious Silk Road could plunge countries into 'unsustainable debt'

In his speech, Xi said Belt and Road initiative focuses on the Asian, European and African countries, but is also open to all other countries. IT'S appropriate that at the outset of an ambitious and well-intentioned global initiative , we in the Times should join in welcoming and commending the One Belt, One Road (OBOR) initiative of China, which was launched yesterday in Beijing . [Full Article...]

Trusts were told about security patch last month — NHS cyberattack

Countries around the world braced Monday for the spread of a massive ransomware cyberattack crippling thousands of computers at banks, hospitals and government institutions. Paying ransom will not ensure any fix, said Eiichi Moriya, a cybersecurity expert and professor at Meiji University. "You are dealing with a criminal", he said. [Full Article...]

Trump revealed classified information to Russian Federation during recent meeting — WaPost

He said the agenda is deregulation, tax reform and repealing and replacing the health care law. Comey had been heading an Federal Bureau of Investigation probe into possible contacts between Trump's election campaign and the Kremlin. This news reportedly came to light after the White House realized that Trump shared information from a partner in "an intelligence-sharing arrangement considered so... [Full Article...]

BC election exposed a polarized province

BC election exposed a polarized province With a majority elusive, the three probable seats for the Greens now raises the serious possibility that Weaver and his caucus may hold the balance of power in a minority government. The murmer of media preparing for election fury is the only sound at Green Party headquarters at 7:30 p.m. on election night. The BC Liberal Party earned 43 seats, including leader Christy Clark. [Full Article...]

Workspace Group plc (WKP) Receives Overweight Rating from JPMorgan Chase & Co

Finally, HSBC Holdings plc reissued a buy rating and set a GBX 440 ($5.69) price target on shares of Glencore PLC in a research note on Tuesday, January 17th. The firm has "Reduce" rating given on Friday, November 6 by Numis Securities. Liberum Capital maintained the shares of PSON in report on Tuesday, September 20 with "Sell" rating. [Full Article...]

Lonmin Plc (LMI) Given Sell Rating at Liberum Capital

The Firm operates in two divisions: Protection & Defence, and Dairy. It has a 15.67 P/E ratio. The Company's segments include Los Pelambres, Centinela, Michilla, Antucoya, Zaldivar, Exploration and evaluation, Railway and other transport services, Mining, Water concession, and Corporate and other items. [Full Article...]

Interserve plc's (IRV) "Hold" Rating Reaffirmed at Liberum Capital

With 254,000 avg volume, 8 days are for Xencor Incorporated (NASDAQ:XNCR)'s short sellers to cover XNCR's short positions. The SI to Corenergy Infrastructure Trust N's float is 9.32%. The rating was upgraded by Zacks to "Sell" on Wednesday, August 26. The rating was maintained by Citigroup on Monday, March 14 with "Buy". Kennedy Capital Management Inc acquired 12,818 shares as Microsemi Corporatio... [Full Article...]

Get spending - hours left before £5 note goes out of circulation

Get spending - hours left before £5 note goes out of circulation The old paper fiver and the new £5 note have co-existed since the polymer banknote was first issued by the Bank in September 2016. Elizabeth Fry featured on the old fiver, and she has been replaced by Winston Churchill. "Businesses should not continue to dispense paper £5 notes after the 5 May 2017 and should ensure that their staff are fully aware of these changes". [Full Article...]


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