Markets

Iran Blasts Trump for Creating "Iranophobia"

Addressing his first press conference after being re-elected as Iran's president, Rouhani said that Tehran has always favoured good ties with the regional and worldwide countries. "The overall obj...

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China & Hong Kong Debt Downgrades: Why Markets Just Shrugged

On the debt front, China's total and private debt is reported to be worth more than 250 per cent of GDP . On May 24, Moody's Investor Service cut China's credit rating for the first time in a...

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Ex-Ford CEO Mark Fields walks away with $57.5M payout

Ex-Ford CEO Mark Fields walks away with $57.5M payout

Hackett , 62, known as a turnaround expert, replaced former CEO Mark Fields on Monday. CEO Jim Hackett will have a base salary of $1.8 million per year. Mr Fields will retire from the company effect...

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UK: Additional arrests in bomb investigation

UK: Additional arrests in bomb investigation

The Monday night's attack at a concert by United States actress- singer Ariana Grande killed 22 people, all of whom have now been identified by police but their names will be released during the c...

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Airtel asks DoT to remove TRAI's fine: Jio battle

Airtel asks DoT to remove TRAI's fine: Jio battle

It said telecom operators are bound by licence conditions that make it obligatory on it "maintaining Quality of Service" and "a breach thereof is liable to be treated as breach of terms and conditio...

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Moody's downgrades Hong Kong credit rating after China cut

The company also noted that the importance the Chinese authorities have attached to maintaining robust growth will result in sustained policy stimulus, and such government spending will contribute to ...

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Report shows Tesla's Fremont plant workers injured more than average

The company had a trading volume of 4,687,572 shares. Bank of America Corp dropped their price objective on shares of Tesla from $170.00 to $165.00 and set an "underperform" rating on the stock in a...

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Massive slide covers stretch of iconic California highway

More than a million tonnes of rock and dirt tumbled into the ocean on Saturday, eight miles (12km) north of San Luis Obispo. "It's still moving", Susana Cruz, a spokeswoman with the California Depar...

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Bitcoin blows past $2300 as Digital Currency Group clinches scaling agreement

However, despite their acceptance of the underlying blockchain technology, distinguished regulators and financial firms in the United States have diverged from implementing cryptocurrencies in their...

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Inslee statement on CBO score for American Health Care Act

The previous CBO analysis had predicted the draft bill would leave 24 million more people without health insurance than Obamacare would cover. The new CBO score predicts the AHCA would cover 1...

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UK says Manchester attacker recently returned from Libya

UK says Manchester attacker recently returned from Libya

Salman Abedi , the suicide bomber who killed 22 people in an attack in Manchester on Monday, was a university dropout with "proven" links to the Islamic State group, according to France's interi...

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Trump Team Stands by Budget's $2 Trillion Math Error

Trump Team Stands by Budget's $2 Trillion Math Error

Mulvaney and other White House officials claim that the budget balances "for the first time in a long time", Mulvaney said . "To continue to meet operational commitments, maintain a ready force...

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Eurozone fails to reach debt deal for Greece

Eurozone fails to reach debt deal for Greece

Ministers did not agree on releasing new loans to Athens, but Jeroen Dijsselbloem said work was progressing towards a next disbursement "before the summer". The Brussels-based meeting was aimed at d...

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Trump Arrives in Israel, Ready to Test Waters on Middle East Peace

Trump Arrives in Israel, Ready to Test Waters on Middle East Peace

President Donald Trump is opening his first visit to Israel Monday, saying he sees growing recognition among Muslim nations that they share a "common cause" with Israel in their determination to coun...

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Video shows Erdogan watched bodyguards' violent attack on protesters in DC

Turkish Foreign Minister Mevlüt Çavuşoğlu said on May 18 that Brett McGurk , the US special envoy to the coalition against the Islamic State of Iraq and the Levant (ISIL), should be removed from hi...

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OPEC likely to extend production cuts into next year

OPEC likely to extend production cuts into next year

At 516.3 million barrels, USA crude inventories were the smallest since mid-February, a sign that OPEC's efforts to reduce world supply are starting to have an effect in the United States, the wor...

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Renminbi Series China suffers one notch downgrade from Moodys

The new rating will likely raise borrowing costs, though it is still the fifth highest on Moody's investment grade scale. Moody's downgrades China's rating for first time since 1989One of the world'...

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Mnuchin Urges Congress to Raise U.S. Debt Limit by August Recess

Mnuchin Urges Congress to Raise U.S. Debt Limit by August Recess

Mnuchin has urged lawmakers to move quickly to remove investor doubt about any potential default. The actual end of the debt limit suspension arrived in the middle of March. Mnuchin did not offer an...

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Microsoft announce the arrival of iTunes to the Windows Store

The upcoming Windows 10 Fall Creators Update is underlining this philosophy with features like Timeline and new Cortana capabilities that will make it easier for people to use their Android an...

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Donald, Melania, & Ivanka Trump Meet Pope Francis, Meeting Described as 'Stiff'

Later in the week, Trump travels to Brussels for a North Atlantic Treaty Organisation meeting and Sicily for a G7 gathering. "He is something", Trump said of the Pope later in the day, durin...

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The US would find a cooperative approach to Iran the better option

The Department of State released on May 17 its semi-annual report to Congress detailing sanctions imposed on persons involved in human rights abuses in Iran . Among these sceptics are the conservativ...

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Rocket launch a huge step for New Zealand's space industry

Rocket launch a huge step for New Zealand's space industry

Team delighted. More to follow!' the company announced via Twitter about 4.30pm (2.30pm AEST). Today's launch was the first of three test flights scheduled for this year. Electron, developed by the ...

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Chinese stocks fall to seven-month low on Moody's downgrade

Moody's on May 24 slashed China's credit rating for the first time in nearly three decades citing concerns about the country's rising debt and slowing growth, but Beijing rejected the downgrade a...

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Settlement with Johnson & Johnson Concerning the Quality of Over-The-Counter Drugs

Settlement with Johnson & Johnson Concerning the Quality of Over-The-Counter Drugs

The Complaint filed today by the State of Vermont alleges that Defendants, acting through McNeil, violated Vermont's consumer protection law by misrepresenting their cGMP compliance and the quality ...

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Donald Trump denied Melania's hand - again

To get to Bethlehem, the location of the Church of the Nativity, where Jesus is said to have been born, Trump passed through an Israeli checkpoint and a network of vast concrete blastwalls that separa...

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Are Analysts Bearish General Electric Company (NYSE:GE) After Last Week?

Are Analysts Bearish General Electric Company (NYSE:GE) After Last Week?

Karpas Strategies Ltd holds 2.35% or 157,855 shares. Hollifield Matthew V also sold $753,162 worth of Lowe's Companies, Inc. ROA ratio indicates how profitable a company is relative to its total ass...

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Moody's: Dragon economy to lose strength; debts to soar

It added to its losses Wednesday after the Moody's announcement, trading down 0.6% by the early afternoon. A spokesman for the Ministry of Finance said Moody's report "overestimated the difficulties...

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Trump Budget Still Funds One Big Climate Program

Trump's proposal could have a disproportionate effect on Republican-leaning states - seven of the 10 states with the highest food stamp participation supported Trump. Funding for the National Institu...

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Halma plc (HLMA) Given Consensus Rating of "Hold" by Analysts

JPMorgan Chase & Co. raised their target price on Halma plc from GBX 910 ($11.84) to GBX 925 ($12.03) and gave the company a "neutral" rating in a report on Friday, March 24th. This represents a yield...

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Tredje AP fonden Has $887000 Position in Frontier Communications Corp (FTR)

Morgan Stanley downgraded it to "Equal-Weight" rating and $5.40 target in Monday, July 18 report. Vetr downgraded Frontier Communications Corp from a "strong-buy" rating to a "buy" rating and se...

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North Korea Test Fires Mid-Range Missile Amid Growing Tensions

North Korea Test Fires Mid-Range Missile Amid Growing Tensions

The United Nations Security Council has strongly condemned North Korea's ballistic missile launch conducted this past Sunday, May 21. China urged the DPRK not to violate UN Security Council ...

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Brazil's Temer loses another aide as pressure mounts

Brazil's Temer loses another aide as pressure mounts

Former President Luis Inácio Lula da Silva is leading the presidential election polls, but he is also facing corruption charges. In order to help rebuild support among legislators and their constitu...

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Engine of SFO-bound plane catches fire at Newark Airport

Engine of SFO-bound plane catches fire at Newark Airport

No injuries were reported in the fire, but one person was injured in a fall, possibly during the evacuation, the sources said. As the plane was taxiing on the runway, one of the plane's engines appe...

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Kawhi Leonard Officially Questionable for Game 3 vs. Warriors with Ankle Injury

Kawhi Leonard Officially Questionable for Game 3 vs. Warriors with Ankle Injury

San Antonio's only hope might be a heroic return by Leonard on Saturday for Game 3 , but that might not be enough to stop the momentum Golden State is building. Whether they win or they lose, I wa...

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Diallo withdraws from NBA Draft, will play at UK

Diallo withdraws from NBA Draft, will play at UK

He did not hire an agent and had until midnught to make a decision on whether he wanted to return to school or turn professional. Diallo, who redshirted during the second semester of the 2016-2017 s...

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