Business

Business London City launches UK's first digital tower
Author: 0 London City launches UK's first digital tower

The new system has been developed by Swedish defence company Saab and will be installed over the next year and subject to testing before going live in 2019. Mr Collier said: "No chief executive is complacent about threats from cyber security". The 50-metre digital tower was approved by the London Borough of Newham in December 2016, and construction will begin later this year, located in the airport's long-stay auto park, in line with the mid-way point of the runway, adjacent to King George V ...

Author: 0 Barrick Gold Corporation (ABX) Gained 0.36% in the last trading session

Let's take a look at analyst target price estimates on the stock. Clarkson Capital lowered Barrick Gold Corp from a "buy" rating to a "neutral" rating in a research report on Wednesday, February 15th. While considering growth estimates of the company, it has next quarter growth estimates of -16.7% whereas during current quarter it has 28.6% estimations over growth, comparing to the estimations of 5.7% during current year and 4.1% for next year.

Author: 0 Britain's Labour launches 'radical, responsible' election manifesto

The election manifesto for the main opposition party published yesterday confirmed numerous promises in a leaked draft last week. The Conservatives said bringing them back into public ownership, which would require a future Labour government to compensate existing shareholders, would add £14bn to the national debt in one year alone.

Author: 0 OPEC crude production rises in April - IEA

Benchmark West Texas Intermediate crude oil for June delivery traded up almost 3% this morning to $49.25, while Brent crude for July delivery traded up 2.9% at $52.32. In November 2016, OPEC member states reached an agreement to cut oil production by 1.2 million barrels per day in the first half of 2017 to boost global oil prices.

Author: 0 How to Shield Your System Against WannaCry Ransomware Attack

There are almost 150 million computers running Windows XP operation system globally. Following the flurry of reports of the attack, the chief of global and legal affairs at Iran's Cyber Police warned that the "ransomware," which has affected countless computer systems worldwide, has done the same to some systems inside the country.

Business Vivint Solar brings Mercedes home batteries to US
Author: 0 Vivint Solar brings Mercedes home batteries to US

The exclusive partnership, Vivint's first foray into energy storage, will allow the companies to compete against similar offerings from automaker Tesla Inc, solar installer Sunrun Inc, battery maker LG Chem Ltd and others. Some other newer companies don't necessarily have this to offer their customers, giving Vivint and Mercedes a leg up. Leading residential solar company SolarCity has now merged with Tesla, bringing solar and storage expertise together under one roof.

Author: 0 Trump Imposes Iran Missile Sanctions and Keeps Nuclear Deal

The new sanctions concern "Iranian defense officials, an Iranian entity, and a China-based network that supplied missile-applicable items to a key Iranian defense entity'" as announced by the US Treasury Department. North Korea possesses nuclear weapons, and many western countries as well as security experts suspect that Iran harbours designs to acquire atomic arms for itself, in addition to its suspected arsenal of chemical weapons that were produced during the 1980s.

Author: 0 Severe Storms Including Tornadoes Possible Thursday

CDT on Wednesday. "Our thoughts and prayers are with the victims of the devastating tornadoes that hit last night", Governor Walker said. He says the man had bad head trauma and that he tried to keep him from going to sleep. Lightning blew siding and bricks off a home in Lincoln and a funnel cloud was spotted about 40 miles southwest of the city, near Exeter, but no damage was reported.

Author: 0 Senate committee wants Comey to testify

The House Intelligence Committee on Wednesday requested the Federal Bureau of Investigation turn over former Director James Comey's memo's documenting conversations with President Trump , joining a number of panels seeking the memos. The latest Russian twist, first reported by the New York Times , comes a week after Trump fired Comey over his handling of the FBI investigation into Hillary Clinton's use of a private email server while at the state department.

Business UK unemployment at lowest rate in 42 years
Author: 0 UK unemployment at lowest rate in 42 years

The ONS said workers' total earnings including bonuses rose by an annual 2.4 per cent in the first quarter of 2017, edging up from growth of 2.3 per cent in the three months to February and in line with the forecast in the Reuters poll of economists.

Business WH again postpones Paris climate pact meeting as Macron jabs Trump
Author: 0 WH again postpones Paris climate pact meeting as Macron jabs Trump

Tiffany is one of a number of companies, including Apple, Gap, and Facebook , that signed a letter in support of the Paris agreement than ran as a full-page ad in The New York Times on Monday. Meanwhile, representatives of almost 200 countries that are party to the Paris agreement are meeting in Bonn this week to discuss technical aspects of implementing the accord.

Author: 0 QI & Technicals in View For Chico's FAS, Inc. (NYSE:CHS)

Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to spot high quality companies that are trading at an attractive price. Chico's FAS's dividend payout ratio is now 76.19%. COPYRIGHT VIOLATION WARNING: This piece of content was posted by Markets Daily and is the sole property of of Markets Daily.

Business Putin congratulates new French president in call
Author: 0 Putin congratulates new French president in call

New French President Emmanuel Macron, in his inaugural address, pledged on Sunday to work to overcome divisions in society which had been shown by the presidential election campaign and seek to build a strong France that was sure of itself in the world.

Author: 0 Major Cyber Attack With Stolen NSA Tools Hits Systems Worldwide

Following a meeting of the Government's Cobra contingencies committee, Home Secretary Amber Rudd said more than a million patients had been treated in the course of Monday. Users who do not patch their systems and the Shadow Brokers were more directly responsible for the attack than NSA, they said. Mr MacGibbon declined to comment on the identity or type of the business impacted by the unprecedented cyber attack but said it was a small company, which did not provide critical infrastructure.

Business US, Turkey spar over Erdogan visit violence, Kurdish support
Author: 0 US, Turkey spar over Erdogan visit violence, Kurdish support

Kurdish protesters can be heard chanting in the video . Another video shared on social media Thursday showed Erdogan watching the melee unfold from the backseat of his vehicle. In a statement, the Turkish embassy blamed the fighting on demonstrators who "began aggressively provoking" Turkish-American citizens who had assembled to greet Erdogan.

Author: 0 Merkel's CDU Unseats Ruling SPD In Crucial German State Election

The SPD vote slumped from 39.1 percent in the last election in 2012 to just 31.1 percent yesterday. Another option for Laschet is a tie-up with his party's traditional allies, the pro-business Free Democrats (FDP), a coalition which would have a thin parliamentary majority.

Business Brazil's president may lead a 'walking dead administration'
Author: 0 Brazil's president may lead a 'walking dead administration'

I repeat: "I will not resign", he announced angrily, wagging his finger, in a brief but televised statement to the nation. "I won't resign. I repeat". And a third of the Senate is now being probed in the "Operation Car Wash" investigation that has uncovered massive bribery and embezzlement in Brazil's elite - with Temer's probe being just the latest offshoot.

Business 'Deadliest Catch' Star Arrested for Assault
Author: 0 'Deadliest Catch' Star Arrested for Assault

Police reports say when officers confronted Hansen, he appeared "obviously intoxicated", denied the altercation happened and initially resisted arrest . 'I hope I can make that apology in person. According to court documents, the driver picked up Hansen and three others in Ballard around 2 a.m. Hansen denied having an altercation when police questioned him at his home.

Author: 0 Colgate-Palmolive Company (NYSE:CL) & Oclaro, Inc

It has a 49.47 P/E ratio . Alpha Windward LLC now owns 2,829 shares of the company's stock valued at $207,000 after buying an additional 18 shares during the last quarter. This is a positive change from Colgate-Palmolive Company's previous quarterly dividend of $0.39. Following the transaction, the senior vice president now owns 102,838 shares in the company, valued at approximately $7,356,002.14.

Business Porsche bosses probed under VW emissions scandal
Author: 0 Porsche bosses probed under VW emissions scandal

In addition to Mueller, who is strategy and development chief at the holding company, those under investigation are Hans Dieter Poetsch, who is CEO of the holding company as well as Volkswagen board chairman, and Martin Winterkorn, the former Volkswagen and holding company chief executive who quit after the scandal broke in 2015.

Business Indian government approves construction of dozen nuclear reactors
Author: 0 Indian government approves construction of dozen nuclear reactors

Goyal also said that nuclear reactors, which will produce 6,700 MW, are under implementation and these are expected to be completed by 2021-22. He linked the move to efforts to ease the impact of climate change, saying it supported India's commitment to sustainable development and energy self-sufficiency.

Author: 0 Taiwan Semiconductor Manufacturing Company Limited (TSM) Closed at $35.03

Co. during the fourth quarter worth $68,966,000. Equity Investment Corp Acquisition Inc purchased a new position in Taiwan Semiconductor Mfg. Co. during the first quarter worth $214,000. This Beta value of Taiwan Semiconductor Manufacturing Company Limited (TSM ) shows that it has historically moved 76% for every 100% move in the benchmark.

Business ATMs shuts down after ransomware attack
Author: 0 ATMs shuts down after ransomware attack

In response, then life sciences minister George Freeman said: "We are working with suppliers, including Microsoft, to help health and care organisations update their systems and make sure they are safe to use and store data". Microsoft was under no legal obligation to do this, mind you, since it no longer supports Windows XP - after having extended its product lifecycle several times in the past.

Business Could the Comey memo bring down the presidency?
Author: 0 Could the Comey memo bring down the presidency?

The New York Times reported Tuesday that Comey documented each phone call and meeting he had with President Donald Trump in an apparent attempt to create a paper trail of the president's efforts to sway investigators. "As a practical matter, Trump won't get the benefit of privilege if this ever goes to a grand jury", said Wright. Criticism of the president intensified after it emerged on Monday (May 15) that the president discussed sensitive national security information about Islamic State ...

Author: 0 Oil prices rise on expectation of extended crude supply cut

OPEC is slated to meet on 25 May and the Saudi-Russia joint statement is expected to ensure cooperation from other producer exporters. However, there is no final deal yet despite the pledge by Saudi Arabia - the world's top exporter and de-facto leader of the Organization of the Petroleum Exporting Countries ( OPEC ) - and top producer Russian Federation, as the 12 remaining OPEC members and other producers participating in the cuts have to agree to the extension during a meeting on May ...

Author: 0 Iran: Government targets USA in revenge for missile moves

According to the Treasure Department, those affected include two senior Iranian defence officials, one of whom allegedly helps to arm the dictator Bashar al-Assad and a China-based network, Ruan Running, that allegedly supports Iran's military by supplying millions of dollars' worth of missile production items.

Business Snapchat posts huge loss as maiden results disappoint
Author: 0 Snapchat posts huge loss as maiden results disappoint

Snap Inc., parent company of Snapchat, reported a net loss of $2.2 billion (-$2.31 a share) during its first quarter as a public company, stemming mostly from stock-based compensation issued to employees for its initial public offering in March.

Business Stocks drop as Wall Street roiled by Washington turmoil
Author: 0 Stocks drop as Wall Street roiled by Washington turmoil

The Standard & Poor's 500 index slumped 26 points, or 1.1 percent, to 2,373. Emerging-market equities halted a seven-day rally. Same-store US sales jumped 1.4%. This means scared sellers of USA stocks will find eager buyers, ensuring that sell-offs like this week's will not last long. Where is the loonie heading? The stock lost $1.90 to $11.06.

Business EnLink Midstream LLC (ENLC) Coverage Initiated at Guggenheim
Author: 0 EnLink Midstream LLC (ENLC) Coverage Initiated at Guggenheim

The rating was downgraded by Wells Fargo on Friday, January 15 to "Market Perform". On Friday, August 7 the stock rating was upgraded by Credit Suisse to "Neutral". On average, equities research analysts anticipate that Enable Midstream Partners will post $0.84 earnings per share for the current fiscal year. The Company's assets are located in the producing areas of unconventional resource basins, primarily shale formations, in the continental United States.

Business Gold edges lower after biggest rally since Brexit vote
Author: 0 Gold edges lower after biggest rally since Brexit vote

Gold surged almost 2 percent on Wednesday, its biggest one-day jump since Britain voted to exit the European Union in June, on reports that U.S. President Trump had tried to intervene in an investigation into alleged Russian interference in last year's U.S.

Author: 0 Trump's Laptop, Tablet Ban On Flights From Europe Delayed -- For Now

However, EU officials were alarmed over reports that the United States was planning to extend the ban to all flights from Europe and called an urgent meeting with U.S. European officials say they received little advance notice of a possible expansion before news reports surfaced last week. The original ban on mostly Middle Eastern flights, which the United Kingdom has also partially adopted, focused on countries where the equipment to screen carry-on bags is thought to be less ...

Author: 0 Amazon Echo Show With Touchscreen Gets Official

Echo Show intuitively integrates many features found on tablets with the always-ready intelligence to understand your questions, plus speaker dock-like audio. The device will also allow you to chat with those who have the Echo or Alexa App. As leaked mere hours ago, today Amazon did in fact unveil the first Echo device to feature a touchscreen.

Business Brazil's Supreme Court authorises Temer probe
Author: 0 Brazil's Supreme Court authorises Temer probe

Brazil's Bovespa stock market was briefly halted as investors reacted to corruption allegations against Brazilian President Michel Temer. President Michel Temer of Brazil has denied a newspaper report that he approved payments to silence a possible witness in a corruption inquiry.

Author: 0 Chances of Trump impeachment are low, says Nomura

NANCY PELOSI: Who has acted in a way that is strategically incoherent, that is incompetent and that is reckless. According to a report from The Washington Examiner , McCain told reporters on Wednesday that he does not believe "many people take [Trump impeachment calls] very seriously".

Author: 0 Kuwait backs call to extend oil output cuts

U.S. West Texas Intermediate (WTI) crude futures were at $49.10, up 25 cents, or 0.51 percent from their last settlement. "Venezuela believes that the agreement between OPEC and non-OPEC countries, which including the 24 largest oil producers in the world, has been successful in helping crude oil prices recover", the oil ministry said in a statement.

Business Alarm bells on Wall Street - investors sell amid Trump turmoil
Author: 0 Alarm bells on Wall Street - investors sell amid Trump turmoil

After months of major stock markets posting record highs and historically low volatility across a range of asset classes, a reversal was always on the cards. The euro was up 0.2 percent against the dollar at $1.11, the first time it's breached that level since November, when Trump surprisingly won the USA election.

Business Alibaba quarterly profits almost double to USD 1.55 bn
Author: 0 Alibaba quarterly profits almost double to USD 1.55 bn

Alibaba's total revenue rose about 60 percent to 38.58 billion yuan (.60 billion) in the quarter ended March 31. Alibaba's cloud business continued its run of triple-digit percentage increases, bringing in revenue of 2.2 billion yuan for the quarter, up 103 percent from a year earlier.Alibaba has ramped up expansion outside of China and consolidated its Southeast Asian retail site Lazada, which it acquired last year.

Business Ralph Lauren posts quarterly loss a day after naming new CEO
Author: 0 Ralph Lauren posts quarterly loss a day after naming new CEO

Louvet will take the reins July 17 and join the board, the company said Wednesday. " He's an enormously skilled business leader with a deep passion for the consumer and a sophisticated understanding of building global brands ", said Ralph Lauren, Executive Chairman and Chief Creative Officer.

Business USC flexes brand muscles with L.A. Coliseum naming rights deal
Author: 0 USC flexes brand muscles with L.A. Coliseum naming rights deal

When the school makes a formal announcement, fans will know exactly how the United brand will be integrated not only into the facility's name, but around the venue as well. "At this time , no naming rights deal has been finalized". In 2013, Cal penned a deal with Kabam to name just the field at Memorial Stadium for $18 million over 15 years.

Business Average US 30-year mortgage rate slips to 4.02 percent
Author: 0 Average US 30-year mortgage rate slips to 4.02 percent

Political uncertainty is causing anxious investors, who are pulling back from stocks and moving into bonds. The shorter term, popular 15 year refi fixed rate mortgage interest rates are on the books at 3.000% today with an April of 3.145%. US markets have been in turmoil this week over concerns about President Donald Trump's economic agenda. Standard 30 year loans have been published at 4.000% at carrying an April of 4.072%.

Business GOP Mood on Hill Darkens in Wake of Comey Memo Story
Author: 0 GOP Mood on Hill Darkens in Wake of Comey Memo Story

Speaker we are talking about a president who fired the Federal Bureau of Investigation director who was investigating the president for his connection to Russian involvement in the president's election, " he said in his close to six-minute address.

Business Reporters Committee: Trump Has Crossed Dangerous Line
Author: 0 Reporters Committee: Trump Has Crossed Dangerous Line

Even before the latest report about President Trump exploded across Washington on Tuesday, congressional Republicans were troubled. Fellow Republican Peter King of NY was more leery because of the broad authority special prosecutors have.

Author: 0 Iran's former President Khatami urges reformists to back Rouhani

There are now four candidates running for presidency, including Rouhani, Ebrahim Raeisi, Mostafa Hashemitaba and Mostafa Mirsalim. Ghalibaf and Raisi clashed with Rouhani during last Friday's nationally televised debate. A Raisi victory could put Iran on a more confrontational course with the West - and in particular President Donald Trump, who visits Iran's chief regional rival, Saudi Arabia, this week.

Business Chinese jets intercept US radiation-sniffing plane, US says
Author: 0 Chinese jets intercept US radiation-sniffing plane, US says

The US has demanded an explanation after two Chinese Sukhoi Su-30 strike fighters intercepted a Boeing WC-135 Constant Phoenix aircraft in global airspace. The four-engine WC-135, also known as a " nuke sniffer , " was based out of the Offutt Air Force Base in Bellevue, Nebraska, according to KMTV . While intercepts such as Wednesday's are rare, a U.S.

Business Canada warns it may cancel US jet buy over Bombardier probe
Author: 0 Canada warns it may cancel US jet buy over Bombardier probe

It argues that Bombardier's true goal is to grab half the USA market share for 100-to-150-seat aircraft and it is using its sale of cheap planes to Delta to build momentum. Final determinations are scheduled for October and December. The Quebec government invested United States dollars 1 billion in exchange for a 49.5 per cent stake in the CSeries past year.

Business Applications for US jobless aid fell to 3-month low of 232K
Author: 0 Applications for US jobless aid fell to 3-month low of 232K

Claims have been below 240,000 for the past 3 weeks and the sustained low level of initial claims continues to indicate that layoffs are running at very low levels. But a stock market sell-off, if sustained, amid uncertainty over Trump's political future could jeopardize further rate increases. The U.S. dollar rose against a basket of currencies after the data while U.S.