Business

Business Saudi-led alliance cuts ties with Qatar
Author: 0 Saudi-led alliance cuts ties with Qatar

Qatar, the world's biggest seller of liquefied natural gas, can still access shipping routes to deliver oil and gas to buyers after Saudi Arabia and other neighboring states barred the emirate from exporting through their territorial waters.

Business Newark Airport briefly closed after engine fire
Author: 0 Newark Airport briefly closed after engine fire

Witness and passenger, Clark Gredona, said on her Facebook account that the man felt he was allowed to several other seats beside him because he didn't get an upgrade. Officials said the extent of the damage to both planes is not known. The Austin Fire Department was on standby at the incident and the airport says no one was injured.

Business Vetr Inc. Downgrades Paypal Holdings Inc (PYPL) to Sell
Author: 0 Vetr Inc. Downgrades Paypal Holdings Inc (PYPL) to Sell

PYPL has been the subject of several research reports. Recently, In analysts report published on Tuesday, 30 May, Paypal Holdings (NASDAQ:PYPL) shares have had their "Buy" Rating kept by analysts at RBC Capital, who now has a $52.0000 target price per share on company.

Business Toyota Working On Flying Car - Flying Start?
Author: 0 Toyota Working On Flying Car - Flying Start?

The startup plans for its drone-car thing to be ready in time to light the torch at the Tokyo Olympic Games in 2020, but the person running the show may end up having to put the torch on the ground. Companies around the world have been competing to develop the first flying auto or vertical take-off and landing (VTOL) vehicles. Cartivator launched its first test of an early model of SkyDrive in Japan today (June 3).

Business Gas Prices Fall 4.2 Cents Per Gallon In Past Week
Author: 0 Gas Prices Fall 4.2 Cents Per Gallon In Past Week

The statewide average is $2.08/g, down 2.2 cents per gallon from last week. "Tampa gas prices were brought back in line with where they probably should've been selling, based on prices in the wholesale market", AAA spokesman Mark Jenkins said in a news release.

Author: 0 Arrow Global Group (LON:ARW) Analyst Target Prices

The rating was maintained by Berenberg with "Buy" on Thursday, February 9. Investec upgraded the stock to "Hold" rating in Tuesday, August 25 report. HSBC has "Buy" rating and GBX 415 target. Capstone Asset Mngmt owns 9,810 shares for 0.01% of their portfolio. Denali Advisors Limited Liability Corporation owns 96,500 shares. KLR Group upgraded CONSOL Energy Inc.

Business Flights to and from Qatar suspended in MidEast diplomatic row
Author: 0 Flights to and from Qatar suspended in MidEast diplomatic row

Qatar says there is "no legitimate justification" for the cutting of diplomatic ties by the four Arab nations, and that the decision is a "violation of its sovereignty". In a statement on its website, Etihad said it will suspend all flights to and from Doha beginning June 5 until further notice. "It will immediately cause inflation, and that will directly affect ordinary Qatari people".

Author: 0 Oil Prices Drop as Traders Bet on More US Oil

Trump's withdrawal from the Paris agreement, the landmark 2015 global pact to fight climate change, drew condemnation from Washington's allies and many in the energy industry - and sparked fears that USA oil production could expand more rapidly than it is now.

Author: 0 Pittsburgh, City Trump Prefers to Paris, Plans to Go Green

Hua said China will remain committed to upholding and promoting global governance on climate change and take an active part in the multilateral process. A Vox analysis found that Trump has tweeted such skepticism at least 115 times since 2011, describing global warming as "mythical", "nonexistent", "fictional", and an "expensive hoax".

Business Saudi, Bahrain, Egypt, UAE cut ties with Qatar over 'terrorism'
Author: 0 Saudi, Bahrain, Egypt, UAE cut ties with Qatar over 'terrorism'

Egypt, the Arab world's most populous nation, said on its state news agency that Qatar's policy "threatens Arab national security and sows the seeds of strife and division within Arab societies according to a deliberate plan aimed at the unity and interests of the Arab nation".

Business Saudi Arabia cuts diplomatic ties with Qatar: Everything you need to know
Author: 0 Saudi Arabia cuts diplomatic ties with Qatar: Everything you need to know

Bahraini airspace is large, running nearly up to Kuwait to the north, the UAE to the east and Saudi to the south and west. The statements by the Arab countries Monday, however, went beyond the usual criticism of Qatar, accusing it of playing a treacherous role in a host of regional conflicts, including the war in Yemen , Egypt's struggle against the Islamic State in Sinai and longstanding tensions in Bahrain between the Sunni monarchy and the country's Shiite-led opposition.

Business 'Mega Man Legacy Collection 2' Finally Announced, Coming in August
Author: 0 'Mega Man Legacy Collection 2' Finally Announced, Coming in August

Mega Man is getting another retrospective collection, this time compiling his awkward journey into more powerful systems, as well as the nostalgic attempts to go back to his roots. Then again, so would Mega Man Soccer. Claim their weapons as your own for permanent use in Mega Man's story in the main game! There's also an "extra armor" half damage setting, checkpoint saves, and hardcore options on the other side of the spectrum with remixed stages and challenges, as well as the token ...

Author: 0 Iran calls on Gulf Arab neighbours to resolve dispute through dialogue

Qatar's Foreign Ministry on Monday said that the country regrets the decision of Saudi Arabia, Bahrain , the United Arab Emirates' and Egypt to cut off diplomatic ties with it. It offered no other details. According to the Saudi Press Agency (SPA), an airline official said that all flights to and from Qatar have stopped starting from today, adding, "Guests who have pre-confirmed reservations to and from Doha before the announcement of this decision can change their destinations or refund ...

Business Qatar Airways suspends all flights to Saudi Arabia
Author: 0 Qatar Airways suspends all flights to Saudi Arabia

Qatar is the world's largest exporter of liquefied natural gas (LNG) and has extensive air and banking links in all four nations. During the trip Trump singled out Iran as a key source of funding and support for militant groups. All four nations have halted air and sea travel between themselves and Qatar. Having experienced a weak start on Sunday, as at 1.52 pm on 5 June 2017, the exchange is down 7.65 per cent to 9,169.15 from 9,923.60 on the 4 June 2017.

Business Oculus' Palmer Luckey wants to help build Trump's border wall
Author: 0 Oculus' Palmer Luckey wants to help build Trump's border wall

Right now, Luckey is reportedly self-funding his new company, but Trump advisor Peter Thiel's venture capital firm Founders Fund is planning to invest, according to The New York Times . Politics ended the honeymoon in 2016 when The Daily Beast published a report saying that Luckey had donated $10,000 to a pro-Trump nonprofit called Nimble America.

Author: 0 Trump Will Pull US Out Of Paris Climate Agreement -- In FOUR YEARS

Twenty-five companies, including technology giants Apple, Facebook and Google, took out an advertisement in major newspapers on 1 June arguing that exiting the Paris accord would harm USA economic competitiveness. Reilly told Reuters the White House did not contact MIT scientists or offer them a chance to explain their work before Trump used it in his speech at the Rose Garden this week.

Business From landslide to upset defeat - scenarios for May's UK election
Author: 0 From landslide to upset defeat - scenarios for May's UK election

In the wake of the news the Labour leader, Jeremy Corbyn, sprung a surprise announcement: that he would attend a televised BBC debate with the other main party leaders. Corbyn is clearly relishing the apparent growing sense of unease among voters that May might not be the tough leader she and her party have claimed and which has been a central feature of the party's election campaign so far.

Business Qatar says it faces campaign of lies, denies interfering
Author: 0 Qatar says it faces campaign of lies, denies interfering

The Sunni-ruled Arab nations are unhappy with Qatar's ties to Shiite-ruled Iran. Egypt accused the nation of supporting the Muslim Brotherhood and other terror squads. A Saudi-led coalition which for more than two years has been fighting Iran-backed rebels in Yemen separately announced Qatar was no longer welcome in the alliance.

Business Qatar shunned by 5 Gulf nations for its alleged ties to terrorism
Author: 0 Qatar shunned by 5 Gulf nations for its alleged ties to terrorism

The Saudi-UAE campaign, building on an increasingly vicious cyber and media war against Qatar, kicked into high gear on Monday, with the kingdom, the Emirates, Bahrain and Egypt breaking off diplomatic relations and cutting air and sea traffic with Qatar, and a 41-nation Saudi-led, Pakistani-commanded military alliance suspending Qatar's participation in operations in Yemen.

Author: 0 Trump supporters rally outside White House for 'Pittsburgh Not Paris' event

As for the environmental impacts of the decision , Trump said he'd like to try to renegotiate some sort of continued relationship with the other nations involved in the agreement but "if we can't, that's fine". A spokesman for Wal-Mart Stores Inc, the largest United States retailer, said on Friday that Chief Executive Doug McMillon will remain on the business council.

Author: 0 Saudi's Falih says more oil output cuts possible, will assess in July

US production rose for the 14th time in 15 weeks, by 22,000 barrels a day to 9.34 million. Meanwhile, all eyes will be glued to Thursday's U.S. Energy Information Administration report on stockpile futures. OPEC Secretary-General Mohammad Barkindo and Russian Energy Minister Alexander Novak said Wednesday that they are looking for ways to formalize a permanent alliance among oil producers to take more control of oil markets .

Business Rock icon Gregg Allman laid to rest
Author: 0 Rock icon Gregg Allman laid to rest

Legendary rocker Gregg Allman was laid to rest in Macon, Georgia, on Saturday, and his famous ex, Cher , was among the mourners. One carried a sign saying "You made our soul shine". " Gregg and the Allman Brothers Band were very helpful to me in my 1976 presidential campaign", Carter said in a statement to the Atlanta Journal-Constitution.

Business Maldives joins 4 other nations in cutting ties with Qatar
Author: 0 Maldives joins 4 other nations in cutting ties with Qatar

According to Saudi state news agency SPA , authorities announced that Qatari troops would be pulled from the ongoing war in Yemen due to Doha's "practices that strengthen terrorism" and its support to groups "including Al Qaeda and the Islamic State, as well as dealing with the rebel militias", reports the BBC.

Business CBI raids against NDTVs Prannoy Roy: Heres who said what
Author: 0 CBI raids against NDTVs Prannoy Roy: Heres who said what

Recently in a TV programme on cattle trade and cow slaughter rules, its host Nidhi Razdan asked BJP spokesperson Sambit Patra to leave the show for disrupting the discussion and when the latter called NDTV as a channel with an agenda. "[The CBI] must have some information, that's why they might have taken steps". The raids were conducted in connection with a case in which it was alleged that Roy and his wife, Radhika had caused loss to a bank.

Business Sensex, Nifty Scale New Peaks On GST Preparedness
Author: 0 Sensex, Nifty Scale New Peaks On GST Preparedness

The market closed at 31,309.49 while the NSE Nifty scaled a new peak of 9,675.10. Its intra day touched a high of 9,687.20 surpassing previous intra day 9,673.50 on Friday. The BSE Smallcap index gained 0.64 per cent compared to 0.22 per cent gain in the broader Nifty . On the other hand, metal index was down 0.41 per cent and FMCG 0.04 per cent.

Business Ford replaces CEO Mark Fields
Author: 0 Ford replaces CEO Mark Fields

Ford has replaced CEO Mark Fields with Jim Hackett , who has led its mobility business unit for the past year. According to a report from Forbes , the change is because Executive Chairman Bill Ford , Jr. Here's a rundown of the changes at Ford, which makes the top-selling F-150 pickup and other F-series trucks. "Fields' strong leadership was critical to the company's North American restructuring, turnaround at the end of the last decade, and record profits in both 2015 and 2016".

Author: 0 Sun Life Financial Inc (SLF) Cut to "Neutral" at CSFB

Sun Life Financial Inc (TSE: SLF ) (NYSE:SLF)'s stock had its "outperform" rating reissued by investment analysts at National Bank Financial in a research report issued on Wednesday, May 10th. This represents a $1.27 dividend on an annualized basis and a yield of 3.86%. Morgan Stanley raised its stake in Sun Life Financial by 45.7% in the third quarter.

Author: 0 Agilent Technologies Inc (A) Releases Q3 Earnings Guidance

If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, A earned gross profit of 1.98 Billion, in 2015 2.04 Billion gross profit, while in 2016 Agilent Technologies , Inc.

Business More Employees Call Out Fox News For Racial Discrimination
Author: 0 More Employees Call Out Fox News For Racial Discrimination

Kathleen Lee , a shift editor at the station, alleges that Ron Flatter , began harassing her shortly after he was hired in 2012. According to the suit, Flatter referred to Hillary Clinton as Hillary "Clit-on", called Lee an "invalid" (Lee has a genetic disorder that limits flexibility in her neck and right shoulder) and shouted in her face in a threatening manner.

Author: 0 Whiting Petroleum Corp (WLL) Given Consensus Recommendation of "Hold" by Brokerages

About 123,339 shares traded. It has underperformed by 37.57% the S&P500. Glendon Capital Management Lp bought 1.38M shares as the company's stock declined 20.16% while stock markets rallied. Prelude Mgmt Limited Co accumulated 1,875 shares. Raymond James holds 0.02% or 206,144 shares in its portfolio. 23,958 are owned by State Bank Of Nova Scotia.

Business Hate speech stabbing suspect has repeated outbursts in court
Author: 0 Hate speech stabbing suspect has repeated outbursts in court

Court documents show that Christian said, "I hope they all die ". As a shoving match ensued, the documents say Christian stabbed first Fletcher, then Namkai-Meche. "We abhor violence, racism, and bigotry", the family said in the statement . Several passengers chased after the suspect and called 911, directing officers to his whereabouts, according to local media.

Author: 0 Vermont to join US Climate Alliance

India , for its part, signed the deal in 2016 under the implicit understanding that developed nations such as the USA would provide it with $2.5 trillion over 15 years to help reduce greenhouse gasses. "In fact , the president said yesterday that Paris represents a bad deal for this country ". Philanthropist Michael Bloomberg and others will dig into their own pockets to make sure the Paris climate agreement is met, no matter what happens in Washington .

Business Jobs Added in May, Unemployment at 16-Year Low
Author: 0 Jobs Added in May, Unemployment at 16-Year Low

The labor force participation rate declined by 0.2 percentage points to 62.7 percent in May. The new unemployment numbers are the lowest in ten years, according to the Associated Press . "Given reports that job openings are near all-time highs, it suggests that businesses are struggling to fill these positions in an increasingly tighter market", said Beth Ann Bovino, chief USA economist for S&P Global Ratings.

Business Wanakiwi tool decrypts WannaCry files across all Windows versions
Author: 0 Wanakiwi tool decrypts WannaCry files across all Windows versions

According to the BBC , more than 97% of the infections Kaspersky Lab has seen were on machines running on Windows 7, while security ratings firm BitSight said 66% of the infections it saw were machines running on it. It's been a week since the WannaCrypt/WannaCry ransomware cyber attacks began, and the repercussions are still being felt. The fix is called wanawiki , from security researcher Benjamin Delpy.

Author: 0 4 nations cut diplomatic ties to Qatar as Gulf rift deepens

Saudi Arabia , Bahrain, UAE and Egypt have has severed diplomatic relations with Qatar over security issues in a major row between members of the Gulf Cooperation Council , media reports said. Four countries have cut all diplomatic ties with Qatar over what they termed its support for "terrorism". Abu Dhabi-based airline Etihad Airways says it is suspending flights to Qatar amid Gulf diplomatic rift.

Business Theresa May announces shake up of anti terror laws following London attack
Author: 0 Theresa May announces shake up of anti terror laws following London attack

The Islamic State group claimed responsibility for the attack, an online news agency affiliated with the jihadists said . Investigators examined the rented van that mowed down pedestrians on the London Bridge before continuing their assault, stabbing numerous people at bars and restaurants in the nearby Borough Market .

Business British Airways travelers suffer delays, cancellations owner to computer glitch
Author: 0 British Airways travelers suffer delays, cancellations owner to computer glitch

The outage couldn't have come at a worse time, as this was one of the busiest weekends of the year, coinciding with the half-term break for many United Kingdom schools. "I have only seen 1 plane leave terminal 5 in the last hour". According to video report by BBC , people stranded in Heathrow airport have not been offered any water, food or chairs.

Author: 0 Trump offers help on London attacks, touts need for travel ban

This is the third attack in Britain in as many months. A statement from Archibald's family, from Castlegar in British Columbia, said she moved to Europe to be with her fiancé and worked in a homeless shelter. Theresa May stated that the two attacks were not connected when it comes to planning and execution, although she did state that they were the result of the same "evil ideology of Islamist extremism", which she calls a perversion of Islam and the truth.

Author: 0 SeaWorld Entertainment Inc (SEAS) Major Shareholder Buys $14465850.00 in Stock

Large shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC. On Friday, June 2nd, Hill Path Capital Partners Lp purchased 584,000 shares of SeaWorld Entertainment stock. Cantab Capital Partners LLP bought a new stake in SeaWorld Entertainment during the fourth quarter valued at approximately $161,000. Legal & General Group Plc now owns 79,755 shares of the company's stock valued at $1,458,000 after buying an additional 1,352 ...

Author: 0 British Airways Outage Allegedly Caused By Someone Switching Off The Power

The firm managing the data centre of British Airways has denied reports the IT systems failure that grounded flights over the weekend was a result of a contractor turning off the power supply by mistake. Coby Benson, flight delay legal manager at Bott & Co, said: "There is no duty to passengers to disclose details of an insurance policy or go to an insurer first".

Business London terror attack: Police search two more homes
Author: 0 London terror attack: Police search two more homes

She would have had no understanding of the callous cruelty that caused her death. For years Corbyn has been against the " shoot to kill " policy, which is what police used on Saturday to kill the terrorists. Italian Erica Gasparri, who lives in the same complex as the attacker, said he was a "Pakistani man" known locally as "Abs". Daniel O'Neill, who is 23, from London is being treated for a seven-inch knife wound from his belly to his back.

Author: 0 Tight security and tears as Manchester benefit concert kicks off

Rachel Jea, 32, said she was at Grande's previous Manchester concert and felt it was important to attend Sunday's show to regain trust after the bombing. In between the two songs, he said: "I'm not going to let go of hope, I'm not going to let go of love , I'm not going to let go of god". "We want to thank you all for joining us", Mr Braun said.

Author: 0 China services sector grows at fastest pace in four months in May

The Nikkei India Services PMI posted above the critical 50.0 level, which separates growth from contraction, for the fourth month running in May. The stronger upturn in services new work counterbalanced the slowdown in growth of manufacturing orders and new work across the private sector economy as a whole expanded at a faster pace than in April.

Author: 0 Trump targets India over climate pact

It allows administration surrogates like Mr Pruitt to tout that the United States has lowered its carbon output without acknowledging the only reason this would be a noteworthy accomplishment - human activity affects the global climate. FIJI: Prime Minister Voreqe Bainimarama, who will serve as president of United Nations climate talks in Germany later this year, said Trump's announcement was "deeply disappointing" but added, "This is a struggle that is far from over".

Business Oil prices drop amid glut concerns, U.S. withdrawal from climate deal
Author: 0 Oil prices drop amid glut concerns, U.S. withdrawal from climate deal

Futures slid 1.5 percent in NY. Brent crude futures were down 61 cents at $50.02 per barrel by 2:00 p.m. (1800 GMT), while U.S. West Texas Intermediate crude futures fell 62 cents to $47.74 per barrel. Sentiment on oil has turned soar despite data from the Energy Information Administration on Thursday showing that inventories of USA crude fell for an eighth-straight week in the week ended May 19, as investors continued to worry about the impact rising USA oil production could have on ...