Economy

Australia's Two Biggest Banks See A$480 Million Levy Hit

Australia's Two Biggest Banks See A$480 Million Levy Hit However, Westpac hasn't yet worked out how to apportion the costs between shareholders and customers, or whether it will cut staff costs or a combination of all three. In question time, the Turnbull government confirmed the bank levy would be a tax-deductible expense for the big five banks affected by it, and that the estimated $6.2 billion revenue to be raised was a net figure. [Full Article...]

Officials Say President Trump Feeling 'Exhausted' by International Diplomacy Tour

United States First Lady Melania Trump and President Donald Trump?s daughter Ivanka Trump eschewed the strict Saudi Arabia dress code while attending different events in the country. Drive them out. Drive them out of your places of worship. But on Sunday, the transcript of Trump's speech in Saudi Arabia seemed to show a more subdued tone toward members of the Muslim community. [Full Article...]

Amazon is adding voice calling and messaging to Alexa

Amazon announced Alexa calling and messaging on Tuesday, which allows you to place a call from any Alexa-enabled device - including smartphones, tablets and Amazon Echo units - to any other. Amazon's newest Echo is here and it's got a screen. " Echo Show brings you everything you love about Alexa , and now she can show you things", Amazon says on the Show's product page . [Full Article...]

US, Europe discuss new laptop ban on flights

US, Europe discuss new laptop ban on flights Fears that a bomb could be concealed in electronic devices prompted the United States to announce in March that it would restrict passengers from bringing devices larger than cellphones on flights originating from 10 airports, including the United Arab Emirates, Saudi Arabia, Qatar and Turkey. [Full Article...]

Protests follow verdict in cop's shooting of unarmed black man

I said I would accept whatever the verdict was, and I'm going to do that. She shot and killed Terence Crutcher, 40, in September after he refused to follow her commands and walked toward his disabled SUV in the middle of a street. Shelby also said she feared Crutcher was under the influence of PCP, a powerful hallucinogenic known as Angel Dust that makes users erratic, unpredictable and combativ... [Full Article...]

Merkel German Chancellor accuses state govt of running up debt before vote

Merkel, whose re-election hopes earlier this year seemed to be uncertain due to the initial popularity of Schulz when he took over the SPD leadership, managed to revive her fortunes over the last two months with a victory in Saarland on March 26 and an upset defeat of the ruling SPD in Schleswig-Holstein. [Full Article...]

Protests across Brazil call for president to quit over hush money probe

Protests across Brazil call for president to quit over hush money probe Temer on Saturday had requested the country's top court suspend a corruption and cover-up probe against him, arguing that a recording used by the Prosecutor General Rodrigo Janot as evidence had been doctored. In addition to the Supreme Court investigation, Temer faces growing calls for his impeachment and a legal battle over the alleged illegal funding of his 2014 campaign, when he ran as the... [Full Article...]

Cathay Pacific makes biggest job cuts in 20 years

Cathay Pacific makes biggest job cuts in 20 years In addition to cheaper tickets - the result of low fuel prices that led airlines to increase capacity - premium Asian carriers like Cathay and Singapore Airlines Ltd have had to contend with competition from mainland Chinese airlines that are expanding worldwide routes aggressively. [Full Article...]

Chad Brown dedicates Preakness to late mentor Bobby Frankel

Brown said of his excellent working relationship with Castellano, "When I relay information about a horse or a plan, he knows just what I'm talking about and he can get it done. They broke out of the starting gate next to each other and the fight was on. He said Classic Empire might have run out of gas because he was too concerned with Always Dreaming . [Full Article...]

India to flex market muscle to secure better deals from shaky Opec

And that is beginning to impact the oil markets. Saudi Arabia expects oil inventories to drop by the first quarter of 2018 following the extension of production cuts and the addition of some smaller producers to the deal. and China. U.S. shale production isn't the only problem facing OPEC. "OPEC and non-OPEC countries are working together, and that should encourage investment". [Full Article...]

Reformists sweep Tehran municipal vote as Rouhani wins Iran

Reformists sweep Tehran municipal vote as Rouhani wins Iran Each province's governor announces the final results of the municipal elections and tallying results from those votes always take more time than presidential polls. He won one of the most polarised elections in Iran's recent history, one in which the clerical establishment backed a candidate who was running against a sitting President. [Full Article...]

North Korea fires 'unidentified projectile' - Seoul

On Saturday, it said it had developed the capability to strike the USA mainland, although Western missile experts say the claim is exaggerated. "Viewing the images of the Earth being sent real-time from the camera mounted on the ballistic missile, Supreme leader Kim Jong Un said it feels grand to look at the Earth from the rocket we launched, and the entire world looks so handsome", local media ... [Full Article...]

Ford to replace CEO Mark Fields

Ford to replace CEO Mark Fields Ford also made investments in new mobility companies and announced it would have a self-driving shuttle on the road by 2021, but its efforts haven't swayed investors. At this stage the news is unconfirmed by Ford, with a spokesman telling Autocar that the company "won't comment on speculation" and that it is sticking to its "current plan". [Full Article...]

Man attempts to attack Kapil Mishra

The former Delhi water minister added, "This is not a Hunger Strike". However, while making his concluding remarks, the BJP spokesperson said that even he could not believe that Kejriwal may have accepted Rs 2 crore as a bribe. "It is with a heavy heart that I am doing this", Mishra said, while reading from a prepared statement. Today, he challenged Kejriwal to fight him in an election. [Full Article...]

Sainsbury's fiance says she is innocent

Sainsbury's fiance says she is innocent Sainsbury was arrested last month at Bogota Airport after allegedly trafficking 5.8kg of cocaine with a street value of close to A$2 million [NZ$2.15 million] in 18 bundles in her luggage. 60 Minutes spoke to a former inmate, identified only as Katherine, who spent five years inside the El Buen Pastor women's prison for smuggling marijuana within Colombia and is still in regular contact with ... [Full Article...]

Congressman Takes The House Floor, Calling For Trump's Impeachment

Johnson's impeachment went to trial in the Senate, and he escaped being removed from office by a one-vote margin. "We'll lynch all you f***in' n*****s". "If there was any obstruction of justice , that would obviously rise to that level". The meeting at Fountain Life Center in southwest Houston was high security, filled with police officers milling around the building. [Full Article...]

Homes of India's ex-finance minister, son searched in probe

In his statement to Times Now, the former Home Minister has accused the Narendra Modi government of using CBI and other agencies against him. The raids are being picked up in connection to the FIPB clearance granted to a firm called INX media by P Chidambaram , when he served as the finance minister of the country. [Full Article...]

IEA sees oil market rebalance but warns of Libya, Nigeria surge

Oil prices extended gains on Tuesday after top producers Saudi Arabia, Russia and Kuwait supported prolonging supply cuts until the end of March 2018 in an effort to drain a global glut. "There are no fast solutions to end this situation, and the only solution possible is to let oil prices work their way" to clear the oversupply, Al-Husseini said from the Saudi city of Dhahran. [Full Article...]

Cuts Polymetal International PLC (POLY) Price Target to GBX 956

Cuts Polymetal International PLC (POLY) Price Target to GBX 956 Pinnacle Financial Partners Inc decreased Suntrust Bks Inc (STI) stake by 20.04% reported in 2016Q4 SEC filing. Hilltop Holdings Inc sold 8,363 shares as Glaxosmithkline Plc (GSK)'s stock 0.00%. The rating was maintained by Canaccord Genuity on Thursday, August 13 with "Buy". As per Friday, August 5, the company rating was maintained by Barclays Capital. [Full Article...]

Resident Evil Movie Series is Getting a Reboot

Resident Evil Movie Series is Getting a Reboot While interest in the franchise has waned in the United States over the years, its recent entries have been smash hits in worldwide markets like China. He is particularly interested in the critical and analytical discussion of the best stories the horror genre has to offer. Per Variety , Martin Moszkowicz, chairman of the board at Constantin Film, spoke to them at the Cannes Film Festival, wher... [Full Article...]


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