Etihad airline suspends flights to Qatar

Etihad airline suspends flights to Qatar The Saudi-led Arab coalition fighting Yemen's Houthi rebels expelled Qatar from its alliance because of Doha's "practices that strengthen terrorism " and its support to groups "including Al-Qaeda and Islamic State, as well as dealing with the rebel militias". [Full Article...]

Indian markets close flat

Indian markets close flat Marksans Pharma hit a high of Rs 45.45 and a low of Rs 42.85 during the day. Indian markets closed flat on positive note Monday. The broader market indices outperformed the Sensex, with the S&P BSE mid-cap index up by 0.15 per cent and the small-cap index by 0.65 per cent. [Full Article...]

Antero Midstream Partners LP (NYSE:AM) Under Analyst Spotlight

Hap Trading Llc acquired 14,606 shares as Magellan Midstream Prtnrs Lp (MMP)'s stock declined 7.68%. MCF Advisors LLC now owns 6,998 shares of the pipeline company's stock valued at $495,000 after buying an additional 51 shares in the last quarter. [Full Article...]

US official downplays effect of Gulf rift on extremist fight

US official downplays effect of Gulf rift on extremist fight Saudi Arabia's state news agency announced the move to sever ties with Qatar Monday, saying it was seeking to "protect national security from the dangers of terrorism and extremism". As of Monday morning, Qatar's state-run news agency website was inaccessible, as was its foreign ministry website. The Qatar World Cup bidding process has already been investigated by the Federal Bureau of In... [Full Article...]

Oil price plunges 4%% as OPEC agrees to extend production cuts

OPEC members will meet today to discuss whether to extend output cuts agreed in December previous year between OPEC and 11 non-member countries, including Russian Federation. Gas flares from an oil production platform at the Soroush oil fields in the Persian Gulf, south of the capital Tehran, July 25, 2005. "While shale output remains the wild card going forward, evidence of falling glob... [Full Article...]

Three More Discrimination Lawsuits Filed Against Fox News

Three More Discrimination Lawsuits Filed Against Fox News Where allegations of sexual harassment originate, so do other allegations. In addition to the three new complaints, Wigdor is representing an unidentified Fox employee who was allegedly on the receiving end of racist comments made by Fox host Bob Beckel . [Full Article...]

4 nations cut diplomatic ties to Qatar as Gulf rift deepens

4 nations cut diplomatic ties to Qatar as Gulf rift deepens Saudi Arabia then confirmed the same - cutting ties and shutting down all sea, airspace, and land crossings with Qatar as well as dissolving Qatar's role in the Saudi-led coalition fighting against Yemen. It wasn't immediately clear how that would affect Qatar Airways , one of the region's major long-haul carriers. Nevertheless, the diplomatic rift - the worst in years - is expected to have ... [Full Article...]

May Jobs Report: Unemployment Rate Hits 16 Year Low

But the 138,000 jobs added in May marked a sharp deceleration from the average monthly gain of 181,000 over the previous 12 months. The growth rate of USA has slowed down in the month of May and, the employment gains are not as strong as prior two months like previously reported. [Full Article...]

Trump shares positive feedback on Paris climate accord withdrawal

The U.S. cities and states still planning to follow the goals of the agreement are reportedly negotiating with the United Nations and submitting a plan to officially be part of the deal. While announcing the U.S.'s exit from the agreement, ABC News quoted President Trump saying the deal gives other countries an undue advantage at the cost of the USA economy and American jobs . [Full Article...]

Windows 7 hardest hit by WannaCry worm

It was also noted that instead of releasing the security updates for free, Microsoft reportedly charged some customers an annual fee of $1,000 for the protection of their computers. " Windows 7 is based on long-outdated security architectures", he added. IT security service provider LGMS founder Fong Choong Fook said the public should in fact be more cautious about the prospect of a second ... [Full Article...]

Trump Budget Promises Balance In Decade, Relies On Deep Cuts

Funding for the National Institutes of Health would decrease by almost $6 billion in the next fiscal year. -Young Workers: By not addressing Social Security or Medicare benefits for retirees, Trump's budget increases the likelihood that young workers will eventually face either significant benefit cuts or big tax increases. [Full Article...]

Abu Dhabi's Etihad to suspend flights to and from Qatar from Tuesday

Saudi Arabia , the United Arab Emirates, Egypt and Bahrain have broken off diplomatic relations and all land sea and air contacts with fellow Gulf Arab state Qatar over allegations that the latter is encouraging terrorism and extremism. By the time of publishing, Qatar had no immediate comment. Its Gulf Arab neighbours responded with anger, blocking Qatari-based media, including the Doha-base... [Full Article...]

Bloomberg says USA does not need Washington to fulfil Paris agreement

May's Downing St. office would not say whether she had been asked to sign it. The bottom line, he said , is that the Paris agreement cost the "I do hope you can put things into context". "I have not had the opportunity to do that", Spicer replied. Trump said yesterday (June 1): "Even if the Paris Agreement were implemented in full, with total compliance from all nations, it is e... [Full Article...]

General Electric Co (GE) Holder Aviva Plc Increased Position

Westover Advsrs Ltd stated it has 2.33% in General Electric Company (NYSE:GE). Tracking most recent quarter period, Price to book (P/B) ration is at 0.18 and Price to cash per share ration is at 2.01. Over the short term, some market observers may have noticed that General Electric Company has a 1.08% short float with 15 days to cover. Cls Investments Llc holds 0% or 1,087 shares in its portfolio. [Full Article...]

Lead of UK Conservatives holds, May now seen negatively

The Labour leader said: 'At this time it is more important than ever that we stay united in our communities. Labour Party leader Jeremy Corbyn has promised to increase income tax on those earning more than £80,000, by having the 45p tax rate kick in for people earning this amount, rather than at the current £150,000. [Full Article...]

After London attack, Facebook says aims to be hostile environment for terrorists

DETROIT (AP) — In the wake of Britain's third major attack in three months, Prime Minister Theresa May called on internet companies to do more to block extremist groups who use the web to recruit members and send coded messages. Cyber security experts were not convinced that giving governments "back door" access to people's encrypted messages was necessary, and warned it could be risky. [Full Article...]

Germany's humming factories outpace services in May, PMIs show

French service activity gained further momentum in May as new orders kept flowing in and companies stepped up the pace of hiring, a monthly survey showed on Monday. The rate of inflation was, however, negligible relative to the long-run series average. Purchasing price inflation at manufacturers eased to an eight-month low, but output prices were raised at a faster pace than in April. [Full Article...]

As US retreats, European Union and China seek climate leadership at summit

As US retreats, European Union and China seek climate leadership at summit Chinese Premier Li Keqiang said the world's No. 1 polluter will stick to its pledges to tackle global warming, underscoring the risk of US isolation if President Donald Trump pulls out of the Paris climate accord. Speaking in Berlin about the Paris climate change accord, he said: "China in recent years has stayed true to its commitment". Europe and China will also expand their cooperation on dev... [Full Article...]

Malaysia pledges to cut oil production by 20000 barrels per day

A deeper production cut could have created a wider than needed supply gap in the market that shale producers may have stepped into and higher prices due to this reduced supply would have made them even more profitable. The coalition of 24 countries making the deal will also likely have difficulty curbing the effect of shale oil production out of the USA and other non-OPEC countries not agreeing to... [Full Article...]

Marks and Spencer Group Plc (MKS) Given "Hold" Rating at Shore Capital

Marks and Spencer Group Plc ( LON MKS ) traded down 2.03% during midday trading on Thursday, reaching GBX 367.70. Peel Hunt reiterated an add rating and issued a GBX 325 ($4.17) price target on shares of Ascential PLC in a research report on Monday, February 27th. [Full Article...]

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