Archive | Markets

Mike ashley blames unions and mps for sports direct woes

In response to Tuesday's report Sports Direct said it would engage with shareholders to improve its corporate governance, appoint a worker's...

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Bill Ackman feels like Mexican, buys 10 pct of Chipotle

Chipotle held a "brief" introductory call with Ackman on Wednesday and expects to meet with him soon, according to company spokesman Chris Arno...

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Hewlett Packard Enterprise's (HPE) "Outperform" Rating Reiterated

PAY was trading -46.43% below its 52-week high and -1.06% below its 52-week low. The stock's 50 day moving average is 21.22 and its 200 day m...

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PayPal pushes into stores with Mastercard deal

As part of the deal , MasterCard will allow PayPal users to withdraw cash from their accounts using a debit card and also waive the digital...

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Oil minister: Iran backs OPEC moves geared toward stability

Iran, OPEC's third largest producer, has been sending positive signals that it may support joint action to prop up the oil market, potentially a...

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Southeast Asian summit opens, overshadowed by Duterte flap

Mr Duterte made the comment when asked by a reporter at a press conference how he would explain himself if Mr Obama did raise the issue. Duter...

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GE makes $685 bid for Swedish 3D printer firm Arcam

Sweden-based Arcam serves customers in both the aerospace and health care industries with its metal-based additive manufacturing (the technical ...

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Protest against North Dakota pipeline on Las Vegas Strip

Protestors said they wanted to bring attention to the serious health, environmental and economic risks if construction on the Dakota Access Pip...

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Volkswagen taking 16.6% stake in Navistar

The companies said the deal will help both sides cut costs and provide a source of new engines for Navistar , which has sought a partner ever s...

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Radical preacher Anjem Choudary to be sentenced

Choudary, of east London, and Rahman, 33, of north London, were convicted last month of inviting support for IS - an offence that violated secti...

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Police negotiating with London City Airport protesters

Photographs posted on Facebook showed the demonstrators lying on the ground around banners that read "Black Lives Matter" and "Climate crisis ...

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US interest rates must change, Trump says

Also, there was some good news about residential home construction, which added almost 11,000 jobs, the biggest gain since March. For one thin...

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Russia, Saudi Arabia pledge to stabilize oil output

OPEC-member UAE "is keen on supporting and contributing to any common efforts aimed at achieving balance in the oil market", he said in remarks ...

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New Supporters Get Involved in Dakota Access Pipeline Battle, Including the UN

Enbridge is already involved in several pipeline projects across the US and Canada. There's a ceremony in the village of Kasaan for the restor...

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Hanjin bankruptcy causes global shipping chaos, retail fears

The country's second-largest shipping line, Hyundai Merchant Marine, has been linked with bid to acquire some of its rival's assets, including p...

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Tropical depression expected to bring heavy rain to Fla

Widespread damaging winds are not expected, but gusts to tropical storm force will be possible especially near the beaches. Scott, who decla...

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Global stocks lower, except for Tokyo, on Yellen speech

Cleveland Fed President Loretta Mester, a voting member on the Fed's policy-setting committee this year, was the latest to join the chorus on Th...

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US Stocks Close Mixed After Fed Chair Janet Yellen Talks Rate Hike

But she stopped short of offering any timetable. Investors now see an 18 per cent probability the Fed will raise rates at its September policy...

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China's top legislator meets Canadian PM

The Government of Canada remains committed to build and renew relationships with global partners in order to increase trade, attract worldwide i...

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Irish government to appeal against Apple's €13bn tax bill

The aspects which commit to the highest global standards of transparency, no preferential tax treatment for companies, and the review Ireland's ...

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US average 30-year mortgage rate rises to 3.46 percent

The yield on Germany's benchmark 10-year bond rose more than 6 basis points to minus 0.025 percent - the highest level since June 24 when the ...

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United Kingdom: M20 bridge collapse causes travel chaos

Highways England's website warning said: "All emergency services are en-route or in attendance". The South East Coast Ambulance Service said a m...

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Joe Biden Dodges When Asked If Clinton Foundation Has Been '100% Ethical'

But last spring, significant numbers of Mahoning Valley Democrats crossed over to vote in the Republican Primary, raising concerns that the econ...

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Tesla Autopilot updates could bring fully autonomous functions "in weeks"

American vehicle maker Tesla Motors, is planning to raise funds to counter a severe cash crunch. The update will be pushed out over-the-air ...

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Campbell "fresh" push falters on puny carrots, juice recall

Clearly, this instilled a negative sentiment among investors as shares of the company dropped 4.8% in the pre-market trading session following t...

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