Finance

Fed June rate hike odds jump after policy statement

The Aussie eased in Asia on Thursday with trade data ahead and as markets looked ahead to end of the week nonfarm payroll figures following a Fed review on rates that might be key to confirm a widel...

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Le Pen visits Paris food market to promote protectionism

Le Pen visits Paris food market to promote protectionism

She follows in the footsteps of her father Jean-Marie, who made it through to the 2002 presidential run-off in what was a political quake for France , but went on to suffer a stinging defeat. Ms Le P...

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Fed Keeps Rate As-is Amid Economic Optimism

The U.S. economy grew at an annual rate of 0.7 percent in the first quarter of this year, lower than the 2.1 percent growth in the previous quarter and the weakest performance in three years, the Comm...

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Google's Sundar Pichai Received Nearly $200 Million in Compensation in 2016

The strong advertising performance is especially impressive considering there had been an advertiser boycott of YouTube by some firms, concerned at their ads appearing alongside videos carrying extrem...

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OPEC: Crude Cut Agreement To be Extended

Others, as quoted by the BBC, see the drop as an indication of "jittery" markets ahead of OPEC's May 25 meeting when an extension of the original cut agreement will in all likelihood be announced....

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Uber under criminal investigation over software used to evade authorities

Uber under criminal investigation over software used to evade authorities

Uber has shared some information with the city but has not turned over the Greyball software itself. Reuters and other news outlets have reported that the investigation is a criminal probe now bef...

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U.S. GDP Comes in Below Expectations at 0.7 Percent

The government has acknowledged that first-quarter GDP numbers tend to underperform because of problems with season adjustments that it is working to rectify. Fed Chair Janet Yellen has previously des...

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If The US Leaves NAFTA, That Could Cost Avocado-Lovers

If The US Leaves NAFTA, That Could Cost Avocado-Lovers

President Donald Trump told the leaders of Canada and Mexico Wednesday he was not immediately planning to end the North American Free Trade Agreement, a pact which he railed against as a candidate...

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NZ dollar falls after Fed statement

NZ dollar falls after Fed statement

The sudden repricing of such an event came in the wake of the May Federal Reserve Open Markets Committee (FOMC) meeting held on May 3. Previously used to describe a period of inflation below the Fed...

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United States nuclear sub makes port call in South Korea

United States nuclear sub makes port call in South Korea

A nuclear-powered USA submarine made a port call in South Korea on Tuesday in a show of force amid concerns that North Korea may mark the foundation of its military with a missile launch or a nuclear ...

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Macron's French presidential campaign emails leaked online

Macron's French presidential campaign emails leaked online

The En Marche! Movement has been the victim of a massive and coordinated hack this evening which has given rise to the diffusion on social media of various internal information. According to a tweet b...

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Federal Reserve Leaves Interest Rates Unchanged

Federal Reserve Leaves Interest Rates Unchanged

In a statement released at the end of a two-day meeting, the Fed acknowledged that the recent soft USA economic data was transitory, and they maintained a wait and see approach. Consistent with its ...

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USA curtailing South China Sea operations

Duterte's announcement could have surprised the military because the present Armed Forces of the Philippines (AFP) has an ongoing joint military exercise with USA soldiers. Being the host to the ASE...

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Warren Buffett sells Stake in IBM

Speaking with CNBC , Mr Buffet said: " IBM is a big strong company, but they've got big strong competitors too". Still, the company's transition hasn't gone as quickly as may have been expected. F...

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Made-in-China passenger plane makes maiden flight

In this November 2, 2015 photo, workers roll out the first C919 jet aircraft manufactured at the state-owned Commercial Aircraft Corp. of China Ltd. (COMAC) in Shanghai. The plane called C919 is thoug...

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Delta apologizes to family removed from flight over seat dispute

Delta apologizes to family removed from flight over seat dispute

They then filled our 4 seats with 4 customers that had tickets but no seats. In a recent episode, a California couple was booted off an overbooked Delta Airlines flight for refusing to give up their...

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SpaceX Lands Its Falcon 9 Rocket After Launching Military Satellite

The Falcon 9 rocket lifted off from Florida on Monday carrying the company's first satellite for the U.S. military. A launch attempt Sunday was foiled at the last minute by a bad sensor. "Tough call...

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United incident fuels Congress

United incident fuels Congress

House Transportation and Infrastructure Committee will test how the Republican-led Congress addresses company misconduct at a time of sweeping deregulation in Washington. The airline officials all sa...

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Tillerson calls for balancing United States security interests, values

Many Southeast Asian nations have diplomatic relations with Pyongyang and share some trade ties, but Washington maintains that those countries may have served as conduits for North Korean activities...

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U.S. GDP Rose 0.7% in First Quarter

U.S. GDP Rose 0.7% in First Quarter

The UK economy slowed more-than-expected during the first quarter of the year as the dominant services sector posted its weakest growth in two years. House Ways and Means Committee Chairman Kevin Brad...

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Delta Airlines Breaks Silence After Kicking Family With Babies Off Flight

Delta Airlines Breaks Silence After Kicking Family With Babies Off Flight

The incident occurred around midnight on April 23 on Delta Flight 2222 from Maui to Los Angeles. Delta Airlines scrambled to issue a public apology Friday after a video of a California famil...

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ConvaTec Group Plc reiterated as Neutral By Credit Suisse

The stock increased 0.64% or $0.12 during the last trading session, reaching $18.81. Jefferies now has a GBX 1400.00 target price on the 14.28 billion GBP market cap company or -0.07% downside potenti...

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'Breaking point': Puerto Rico files for historic $70bn bankruptcy

Puerto Rico teetered into insolvency Wednesday as the chronically troubled US territory of 3.4 million citizens buckled under its ever-increasing debt, which stands at $73 billion. This is a debt rest...

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Warren Buffett has sold off a third of Berkshire Hathaway's IBM stakes

But Buffett also told CNBC past year that he "could be wrong", and if he is, he can "accept that". He noted that IBM was not where he (or the company) expected it to be when he started acquiring share...

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China's first giant passenger jet is slated for maiden test flight

The narrow-body C919 jet - white with green and blue stripes - soared over Pudong worldwide airport in the commercial hub Shanghai as a crowd of thousands cheered. The aircraft's list price amounts to...

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Macron seen winning French presidential runoff with 62 percent of votes

Her big global coup during the campaign was a meeting with Russian President Vladimir Putin in March, when she said he represented a "new vision" of the world. "The files circulating were obtained sev...

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Analyst Reviews on Overbuying: VWR Corp (NASDAQ:VWR)

Analyst Reviews on Overbuying: VWR Corp (NASDAQ:VWR)

Zacks Investment Research raised VWR Corp from a "sell" rating to a "hold" rating in a research note on Wednesday, March 8th. Finally, Deutsche Bank AG reiterated a "hold" rating and set a $26.00 p...

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Buffett cuts stake in IBM and shares slide

IBM stock was down 2.7% in the premarket on news of Buffett's partial capitulation. He noted that IBM was not where he (or the company) expected it to be when he started acquiring shares six years ago...

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Uber Faces Criminal Probe Over Software To Distract Regulators

A Justice Department spokesman and an Uber spokesman declined to comment. Uber's use of the software was revealed earlier this year by the New York Times . "This program denies ride requests to use...

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Oil craters to its lowest level since November

Oil craters to its lowest level since November

Traders also pointed to soaring US oil output, up more than 10% since mid-2016 to 9.3 million bpd, levels not far off top producers Russian Federation and Saudi Arabia. The past two days of falling pr...

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House panel passes Republican measure gutting Dodd-Frank reforms

Hensarling and other members of the House Financial Services Committee with tens of millions of dollars in campaign cash", Karl Frisch, executive director of Allied Progress, said in a statement ...

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NZD drops as Fed leaves hike in prospect

NZD drops as Fed leaves hike in prospect

The unemployment rate dipped to 4.4% from 4.5%, the lowest rate since May 2007. The Fed in its statement showed little concern about a softening in inflation, characterizing it as "running close to ...

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CIRP data illustrates the 'pause' in iPhone sales described by Tim Cook

Vetr downgraded Apple from a "strong-buy" rating to a "buy" rating and set a $133.22 target price on the stock.in a research note on Monday, January 9th. Apple sold 50.76 million iPhones in its fi...

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Trump's latest trade tactic: Blame Canada

The moves come as the relationship between the two North American nations is the focus of the Great Lakes Economic Forum, being held jointly in Detroit and Windsor. The statement from Ottawa said d...

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Philippines' Duterte gives China free pass over sea row

China has built a series of artificial islands on reefs and rocks in attempt to bolster its position, complete with military-length airstrips and anti-aircraft weapons. "That only shows the president ...

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