Finance

United Kingdom wage growth data disappoints again

United Kingdom wage growth data disappoints again

The pound nosed higher against the dollar, rising a meagre 0.05 per cent to $1.2854, from a low of $1.2813 after figures by the Office for National Statistics showed excluding bonuses, average weekly ...

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Solid growth in Chinese business boosts Burberry revenues for first quarter

Solid growth in Chinese business boosts Burberry revenues for first quarter

Comparable sales rose 4% as strength in mainland China drove mid-single-digit percentage growth in Asia Pacific. The company was helped by stronger demand in China and a continuing good performance ...

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Oil prices jump on falling U.S. inventories, lower production outlook

Oil prices jump on falling U.S. inventories, lower production outlook

Refinery crude runs fell by 19,000 barrels per day, API data showed. Oil prices were lower in North American trade on Tuesday, moving back towards a two-week trough, as investors looked ahead to wee...

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Twitter hires Ned Segal as new CFO

Twitter hires Ned Segal as new CFO

The company has always been criticized for not doing a great job of explaining its value - though it's trying with a new slate of TV commercials - and its shares reached their five-year high nearly ...

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North Korea's Growing Nuclear Threat

North Korea's Growing Nuclear Threat

USA warplanes met South Korean and Japanese fighter jets for military exercises in response to recent North Korean missile launches as part of a show of force aimed at demonstrating that allied forc...

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Gotham Asset Management LLC Has $811000 Position in Barracuda Networks, Inc. (CUDA)

Gotham Asset Management LLC Has $811000 Position in Barracuda Networks, Inc. (CUDA)

Barracuda Networks, Inc . designs and delivers security and data protection solutions. AQR Capital Management LLC now owns 203,902 shares of the communications equipment provider's stock valued at $4,...

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Polestar optimization squeezes 421 HP from new Volvo XC60

Polestar optimization squeezes 421 HP from new Volvo XC60

Volvo's Polestar performance brand has yet to create anything of its own since spinning off from the mothership , but that doesn't mean it still isn't hard at work tweaking new Volvo models. The up...

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Republican Senators at Odds Ahead of Final Push for Health Bill

Republican Senators at Odds Ahead of Final Push for Health Bill

Republican leaders are tweaking the measure, in a desperate bid to get enough of their party's lawmakers on board, but Cassidy complained he has not even see the new version. In their bill, the duo pr...

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Krispy Kreme Selling Dozen Doughnuts For 80 Cents On Friday

Krispy Kreme Selling Dozen Doughnuts For 80 Cents On Friday

The doughnut chain announced that with the purchase of regularly donuts and customers will receive a second dozen of " Original Glazed " doughnuts for 80 cents. The Company has more than 1,300 retai...

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Investors Real Estate Trust (NYSE:IRET) Receives An Update From Brokers

About shares traded. Ryder System, Inc. Pennsylvania Real Estate Investment Trust had a negative return on equity of 1.78% and a negative net margin of 3.49%. The company has market cap of $93.5...

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Randal Quarles nominated to Fed's top supervision role

Randal Quarles nominated to Fed's top supervision role

The Dodd-Frank measure was aimed at cracking down on the risky bank practices that contributed to the 2008 financial crisis. The announcement also said Quarles was nominated to serve on the Fed's bo...

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China Orders Telecom Companies To Shut People Off From Global Internet

China Orders Telecom Companies To Shut People Off From Global Internet

Google, Facebook and US news sites are now available to Chinese citizens who access them via virtual private networks , but the government is reportedly set to crack down on carriers who do not sus...

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Ofcom curbs on mobile giants do not go far enough, say rivals

Ofcom curbs on mobile giants do not go far enough, say rivals

At the time, Ofcom said BT would be barred from bidding for spectrum in the 2.3GHz band, which can be used immediately to bolster existing 4G services. Philip Marnick, Ofcom's Spectrum Group Director,...

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Air Disaster Averted: Canada Flight Nearly Landed on Crowded San Francisco Taxiway

Air Disaster Averted: Canada Flight Nearly Landed on Crowded San Francisco Taxiway

At 11.56 p.m. Pacific time on Friday, an Airbus 320 operated by Air Canada as flight AC759 was cleared to land at runway 28R, but instead the plane lined up with taxiway C that runs parallel to th...

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Late Easter gives Marks & Spencer a boost

Late Easter gives Marks & Spencer a boost

He said that during the three months, the retailer had grown full price sales for clothing and home , adding that M&S had reduced discounting and did not have to hold a clearance sale during the peri...

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Moscow steps up war of words in diplomatic row with US

The move comes after the United States expelled 35 Russian diplomats and seized Russian diplomatic compounds in Maryland in response to alleged interference in the 2016 presidential election. Iz...

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Faraday Future halts Nevada manufacturing project

Faraday Future halts Nevada manufacturing project

The halt marks another setback for one of China's most outspoken and controversial entrepreneurs. Faraday has faced questions about its economic viability. It just so happens that Yueting is also Fa...

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G20 summit | Trump, Asian allies seek counter to North Korean 'menace'

Last Tuesday, North Korea said it had successfully test-launched its first ICBM, which it claimed can carry a large nuclear warhead. Both Trump and Haley put the spotlight on China, with the USA...

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Seattle Approves Rich-Only Income Tax

Seattle Approves Rich-Only Income Tax

It will also help pay for federal budget cuts from the Trump administration - cuts which would threaten Seattle's funding for everything from basic services like transportation, housing and educat...

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Orinda Asset Management LLC Holds Stake in Independence Rlty Tr INC (IRT)

Orinda Asset Management LLC Holds Stake in Independence Rlty Tr INC (IRT)

Its share price has risen 9.35% in three months and is up 1.56% for the last five trades. It has outperformed by 9.18% the S&P500. Therefore 14% are positive. (NASDAQ:FSLR). Nomura Asset Management ...

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Pepsico Inc Reveals 10% Increase In Q2 Profit

Pepsico Inc Reveals 10% Increase In Q2 Profit

About 194,627 shares traded. (NYSE: PEP ) by 1.4% during the first quarter, according to its most recent disclosure with the SEC. It has underperformed by 4.50% the S&P500. (NYSE:PEP). 95,866 are held...

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Taylor Review into gig economy workers attacked for being 'feeble'

Taylor Review into gig economy workers attacked for being 'feeble'

However, companies would need to show that it was indeed possible to easily earn a living wage via their platforms. The draft says: "New online platforms are already being used to lobby employers over...

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A crisis without end? Gulf states settle in for long haul

A crisis without end? Gulf states settle in for long haul

The four nations broke off relations with Qatar and cut air, sea and land routes with it in early June and have accused Qatar of supporting extremist groups. Al-Marri said that the decision to pursue ...

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Gulf may move sideways as investors await Fed testimony (1211, NBK, )

Gulf may move sideways as investors await Fed testimony (1211, NBK, )

Fed chair Yellen's words will be scrutinised for mentions of the above. Given that the USA economy is at full employment levels one questions why wage growth is not accelerating? The Federal Reserv...

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Mizuho Downgrades Rating On Magellan Midstream Partners LP (MMP)

Virtu Limited owns 7,102 shares or 0.02% of their USA portfolio. The company has market cap of $16.06 billion. Rice Midstream Partners ( NYSE RMP ) opened at 20.00 on Wednesday. First Tru Advsrs Lp ...

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Trump, Asian allies seek counter to North Korean 'menace'

At a Wednesday emergency session of the United Nations Security Council on North Korea's nuclear weapons program, U.S. Ambassador Nikki Haley said the U.S. "If that's the goal, then the outcome of n...

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Trump's son met Russian who offered info on Hillary

Trump's son met Russian who offered info on Hillary

The New York Times published a major story on that meeting, calling it the first confirmation of a meeting between members of Trump's family and Russians during the campaign. "That's not Democrats ma...

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$187.93 Million in Sales Expected for Snap Inc. (SNAP) This Quarter

$187.93 Million in Sales Expected for Snap Inc. (SNAP) This Quarter

Eight analysts have provided estimates for Snap's earnings, with the lowest sales estimate coming in at $172.99 million and the highest estimate coming in at $194.80 million. Several equities analys...

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CNN In Twitter Cross-Hairs Of Another Trump

CNN In Twitter Cross-Hairs Of Another Trump

The video that Trump Jr. shared is ridiculous, I can imagine Donald Trump piloting a yacht, a hot air balloon and even a blimp, but Trump as a Top Gun pilot? In the video, Trump mutters his catc...

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Wenger denies Sanchez told him that he wants to leave Arsenal

Wenger denies Sanchez told him that he wants to leave Arsenal

While the 28-year-old is now widely believed to desire a move to Manchester City - and a reunion with former Barcelona boss Pep Guardiola - above all else, and is refusing to sign a new contract a...

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Police shoot couple in 'compromising position' at Melbourne swingers ball

Police shoot couple in 'compromising position' at Melbourne swingers ball

Ewins was shot in the back, and his 37-year-old partner Zita Sukys received a leg wound. Bar staff emerged from the venue at 7.15am and said: "Two innocent people were shot, he had a toy gun which...

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American college graduate beaten to death in Greece

American college graduate beaten to death in Greece

The Austin Statesmen reported that Henderson was on the Greek isle working on a photo shoot to launch his fashion line. But the 22-year-old lost his life when he was beaten to death in a bar br...

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Volvo plans to abandon traditional engines by 2019

Volvo plans to abandon traditional engines by 2019

The company, owned by Zhejiang Geely Holding Group, said five new models set to be launched in 2019 through 2021 - three of them Volvos and two Polestar-branded - would all be fully electric. Krebs sa...

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Transit Train Derailed At New York's Penn Station, Ended With Minor Injuries

Transit Train Derailed At New York's Penn Station, Ended With Minor Injuries

Road construction will be suspended near New York City to ease traffic congestion during Penn Station repairs, Gov. Cuomo announced Sunday. The chairman of the Metropolitan Transportation Authorit...

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Honda links 11th USA death to faulty Takata airbags

Honda links 11th USA death to faulty Takata airbags

Honda also is quoted as saying it was "difficult to determine whether the cause of death in this incident was the inflator rupture, or an interaction of the hammer with the deploying air bag". Kuffo w...

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