Markets

China's reforms not enough to arrest mounting debt - Moody's

The rating was dropped by a notch from Aa3 to A1, which is still comfortably in the investment grade, Moody's said. "If in the future China's structural reforms can prevent its leverage from rising ...

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Congress needs to raise budget caps

Trump's proposal foresees selling half of the USA emergency oil stockpile, created in 1975 after the Arab oil embargo caused fears of price spikes. Trump's budget will not stand, of course, as eve...

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US diplomat hints at possible talks with Iranian counterpart

US diplomat hints at possible talks with Iranian counterpart

Relations with the USA and Iran have been under deep freeze since the Islamic revolution of 1979, which deposed the Washington-backed shah. He had earlier condemned " humiliation and threats " again...

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Tiffany Declares 50 Cent Quarterly Dividend

Tiffany Declares 50 Cent Quarterly Dividend

Profit was 74 cents, easily topping expectations for 70 cents, according to a poll of industry analysts by Zacks Investment Research . Taking a broader look brokerage firms' analysts on the street ...

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Republican candidate in Montana race 'body-slams' reporter

In the November 10, 2014 U.S. House election, 325 votes, amounting to less than 1.25 percent, separated Zinke, who won the county and the state, from John Lewis, a Democrat . Montana is a Republican-...

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PM inaugurates country's longest river bridge

Earlier, in a series of tweets, he described the Dhola-Sadiya Bridge as one of the most important infrastructure projects to be undertaken in India. Bearing in mind the necessity for quick movement ...

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OPEC says it will extend production cuts through March 2018

David Arrington , president of shale oil producer Arrington Oil & Gas in Midland, Texas, said that how US producers respond in coming months will have as much of an effect on pricing as OPEC's cuts....

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Greg Gianforte, a GOP Congressional Candidate,

Greg Gianforte, a GOP Congressional Candidate, "Body-Slammed" a Reporter Last Night

I mean, would you want to vote for that? Turley said something more chilling than the recent clashes between politicians and reporters might be underway. Get the hell out here. Things can happen lat...

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Oil is getting whacked even after OPEC agrees to extend production cuts

The extension to March prolongs a rare period of collaboration between the Organization of Petroleum Exporting Countries and some of its biggest rivals. "A nine-month extension of the output cuts is...

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Nigeria, Libya exempted as OPEC extends cut for nine months

The oil-producing countries discussed a possible mechanism to smoothly transition out of the production cuts agreement, according to Novak, who added it was too early for agreement to be reached on th...

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Asian shares gain, tracking Wall St advance, oil price rally

The dollar rose to 111.90 yen from 111.76 yen. The pan-European Stoxx 600 index was last down 0.3%, led lower by resources companies after a 4% drop in iron ore on China's Dalian Commodity Exchang...

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How Analysts Rated Halma plc (LON:HLMA) Last Week?

Numis Securities maintained Marks and Spencer Group Plc (LON:MKS) rating on Friday, November 6. This was revealed to investors in a research note on Thursday, 25 May. It has underperformed by 16.70% t...

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Moody's Downgrade Highlights China Fears

Moody's Downgrade Highlights China Fears

The credit agency slashed Hong Kong's local currency and foreign currency issuer rating from Aa1 to Aa2. Mei Xinyu, a researcher at China's Ministry of Commerce, wrote in a front page editorial of t...

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Oil remains weak after OPEC-led output cut extension falls below expectations

Benchmark Brent crude oil rose 20 cents a barrel, or 0.4 percent, to $54.16. Overnight, crude futures settled below $50, tumbling almost 5%, after the Organization of Petroleum Exporting Countrie...

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OPEC Extends Oil Output Cut By 9 Months

The African nation would be one of the group's smallest producers, pumping about 270,000 barrels a day, a little more than neighbouring Gabon. But since fracking required substantial investment, whe...

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Appeals court rules against Trump's travel ban targeting six Muslim-majority countries

Appeals court rules against Trump's travel ban targeting six Muslim-majority countries

The travel ban "appears to be a post hoc, secondary justification for an executive action rooted in religious animus and meant to bar Muslims from this country", he wrote. Jadwat says "the Constitutio...

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Republican candidate for Congress in Montana charged with misdemeanor assault of reporter

Republican candidate for Congress in Montana charged with misdemeanor assault of reporter

One meme played on the "I voted" stickers that many of us wear after visiting the polls by proclaiming "I vo (mi) ted" while others were quick to draw comparisons between Gianforte and a professiona...

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'Irritating': UK scolds United States officials who leaked name of Manchester attacker

UK Home Secretary Amber Rudd said yesterday that Abedi was known to security services "to a point" and it is believed intelligence agencies had dug into his connections with the Al Qaeda and Islami...

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Manchester attack: Further arrests made, including bomber's brother and father

Manchester attack: Further arrests made, including bomber's brother and father

Rasmussen, told The New York Times caused the government to be "very concerned", particularly over fighters who could continue to maintain a foothold in the unstable country. Among those taken into ...

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OPEC, non-OPEC debating one-year oil cut extension

Oil prices dropped more than 4 percent as the market had been hoping oil producers could reach a last-minute deal to deepen the cuts or extend them further, until mid-2018. The uncertainty over what h...

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Treasury chief to Congress: Raise debt limit before August

Treasury chief to Congress: Raise debt limit before August

The conservative House Freedom Caucus said on Wednesday that it opposed a "clean" increase of the debt ceiling , just hours after Treasury Secretary Steve Mnuchin said that he preferred a clea...

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OPEC meets to extend oil output cut, fight global glut

The oil market is also looking for clues as to what OPEC may do in 2018, a year when US shale output growth is expected to match an increase in demand. With prices above $50 from lows of previous ...

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Trump's Proposal: The Budget of Those Who Pay

But Mick Mulvaney , the budget office director for the administration said during a press rollout for the plan that the Trump outline has "compassion" for taxpayers, marking a fundamental change in...

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Metal stocks lose luster after Moody's downgrades China

Moody's said Beijing's economic reform program won't suffice to offset the rising debt level, given the authorities' tendency to use debt-fueled stimulus to spur growth. Morgan Stanley said in a rep...

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Greek ex-premier Papademos wounded in Athens bomb blast

Greek ex-premier Papademos wounded in Athens bomb blast

Police said the explosion occurred when the auto was travelling between Patission and Marnis Street in central Athens at 6:30pm local time, reported local media outlet, Ekathimerini . A former Gree...

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OPEC Members Meet In Vienna To Discuss Extending Oil Production Cuts

The cuts are likely to be shared again by a dozen oil exporters outside OPEC led by top producer Russian Federation, which reduced output in tandem with the Organization of the Petroleum Exporting ...

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Skipper Kohli wants to overcome England 'challenge' for personal satisfaction

Williamson, who's played plenty of county cricket in England with Yorkshire, was voted player of the series when New Zealand blew a 2-1 lead. Kohli, who was part of Mahendra Singh Dhoni's side...

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Trump's budget director defends spending cuts, growth projection

Mulvaney told Jackson Lee he was aware of the difference between types of diabetes. Mulvaney was responding to the deluge of criticism that followed the rollout of President Donald Trump's first...

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Chico's FAS Bottom Line Advances 1% In Q1

Several other hedge funds and other institutional investors have also modified their holdings of the stock. After $0.84 actual earnings per share reported by Plexus Corp. The company also recently dec...

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Hartline Investment Corp Has $2.267 Million Position in Opko Health Inc. (OPK)

Russell Investments Group Ltd. purchased a new stake in shares of Opko Health during the fourth quarter worth about $648,000. The stock was bought at an average price of $6.59 per share, with a tota...

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Irviing's 42, LeBron's 34 pushes Cavs past Celtics in Game 4

Indeed, the Cavs - after giving up a combined 118 points to the Celtics in the second half of Game 3 and the first half of Game 4 - hunkered down after the break Tuesday, holding Boston to onl...

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OPEC extends oil output cut by nine months - delegate

Neil Wilson at ETX Capital said Opec members "bottled it", adding: "A nine-month extension just isn't enough to really lift oil prices as we'll continue to see United States shale fill the gap". T...

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South Korea fires warning shots at suspected drone

South Korea's military fired warning shots at a suspected drone from North Korea on Tuesday amid tension over Pyongyang's latest missile test which drew global condemnation and a warning from Ch...

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S. Korea, US say N. Korea fires midrange missile

The US, which has 28,500 troops in South Korea to guard against the North Korean threat, has called on China to do more to rein in its ally and neighbour. A year earlier, a South Korean fisherma...

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South Korea fires shots at North after 'unidentified object' flies over DMZ

On Jan. 13, 2016, North Korea flew a drone across the DMZ and the South fired more than 20 warning shots. Seoul has repeatedly accused the North of flying suspected spy drones across the borde...

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