Business

Business United Kingdom poll: Odds favour May, Tories despite Labour surge
Author: 0 United Kingdom poll: Odds favour May, Tories despite Labour surge

Corbyn, a veteran left-winger who unexpectedly won the Labour leadership in 2015 after three decades on the party fringe, has hit back that Conservative fiscal austerity has hurt the poor and increased social inequalities. If the Brexit deal is rejected in a second referendum, the Lib Dems say Britain would stay in. A high turnout is seen as Labour's best hope of eroding some of the Conservative majority in the House of Commons .

Author: 0 Korea denounces new United Nations sanctions imposed over missile launch

The White House has repeatedly called on North Korea to abandon its nuclear and missile programs. Given the recent facts and figures that Kim is not planning to stop his nuclear test development program , the United Nations Security Council on Friday expanded its targeted sanctions against Korean Peninsula.

Author: 0 IOS 11 will finally bring native GIF support to your iPhone

The discovery is sure to be an exciting perk for users everywhere, as GIF support has been one of Apple's most widely requested features for a number of years . Oddly enough, this feature was not available for every single app out there, until now. In addition, Apple's tvOS and watchOS received minor updates.

Business Trump goes after London Mayor Sadiq Khan again after terror attack
Author: 0 Trump goes after London Mayor Sadiq Khan again after terror attack

London Mayor Sadiq Khan accused Donald Trump on Monday of seeking to divide communities in Britain after the U.S. president criticized his leadership following a terror attack in the city. The directive that would go before the Supreme Court is a narrower version of the executive order the president signed during his first week in office.

Author: 0 French leader Macron urges Gulf heads to defuse crisis

Sheikh Mohammed bin Abdulrahman Al Thani made the remarks in Doha on Thursday, just days after Bahrain , Saudi Arabia , Egypt, the UAE and several other countries cut relations with Qatar. The United Arab Emirates banned all global flights serving Doha from flying through its airspace in an effort to deepen Qatar's isolation, the latest in a series of unprecedented measures by the Saudi-led alliance that risk squeezing the country's economy and finances.

Business Comey's testimony to put uncomfortable spotlight on Trump
Author: 0 Comey's testimony to put uncomfortable spotlight on Trump

Or as it's known inside Washington: "Thursday". Comey is scheduled to address the committee during the open hearing at Hart Senate Office Building in Washington , D.C., at 10 a.m. KSLA News 12 will stream Comey's testimony live here and on the KSLA News 12 mobile apps . To Comey, it's a not-so-veiled request that the FBI drop any investigation of Flynn regarding false statements about his contact with the Russians.

Business Dollar hits 7-week low vs yen as
Author: 0 Dollar hits 7-week low vs yen as "Triple Threat Thursday" looms

Oil prices were lower after some small gains overnight, with markets still reacting to the ongoing diplomatic tension between Qatar and several of its Middle Eastern neighbours. And across the pond, James Comey was set to testify in front of the Senate Intelligence Committee on Thursday, over whether President Donald Trump attempted to intervene in an investigation into ex-national security advisor Michael Flynn.

Business Oil prices tank to November levels on unexpected rise in U.S. inventories
Author: 0 Oil prices tank to November levels on unexpected rise in U.S. inventories

The US Energy Information Administration (EIA) reported that US crude stockpiles rose by 3. 3 million barrels last week, surprising traders who had been expecting a further draw of 3.2 million barrels. Even as U.S. reserves begin to fall, production is rising again in key areas. "“It's about total stocks, crude and products, because that's what the world wants to see, that's what OPEC wants to see", Michael Wittner, head of commodities research at Societe Generale SA in NY, said by ...

Business Eurozone growth revised up to 2-year high
Author: 0 Eurozone growth revised up to 2-year high

The underlying Eurozone data has remained firm with the May composite PMI index at 6-year highs. Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 1.9% in the euro area and by 2.1% in the EU28 in the first quarter of 2017, after +1.8% and +2.0% respectively in the previous quarter.

Business Trump calls King Salman on Qatar crisis, asks for Gulf unity
Author: 0 Trump calls King Salman on Qatar crisis, asks for Gulf unity

Qatar wants to give Kuwait's Sheikh Sabah Al-Ahmad Al-Jaber al-Sabah the ability to "proceed and communicate with the parties to the crisis and to try to contain the issue", Sheikh Mohammed bin Abdulrahman al-Thani said in comments to Qatar-based Al Jazeera television.

Author: 0 France vows to go beyond Paris climate commitments

North Korea called out President Trump this week for being "selfish" over the Paris climate accord - saying his decision to pull out is "the height of egoism". Ige says the islands are seeing the impacts of climate change first-hand. Cambodia, a member of the UN Framework Convention on Climate Change since 1995, endorsed the Paris deal.

Business Though economy surprises, ECB to stick with stimulus program
Author: 0 Though economy surprises, ECB to stick with stimulus program

Investors will pay attention to ECB President Mario Draghi's press conference following this week's rate decision for clues on monetary policy . Traders are nervous ahead of the ECB meeting, "which will represent a turning point in the bank's policy guidance, with growth risks likely to be raised to balanced from negative", said BNZ currency strategist Jason Wong.

Author: 0 GBP: Scenarios For UK Election & Targets For GBP/USD - SEB

The pound traded near a two-week high against the dollar on Thursday morning, as the first voters took to the polls in the UK's general election . If those projections prove accurate, the Conservative party would secure a 74-seat majority - the largest the Conservatives have secured since the days of Margaret Thatcher.

Author: 0 Dakota Access Pipeline is Officially Operational

At a combined capacity of 520,000 barrels per day, the controversial Dakota Access Pipeline (DAPL) and its less notorious brother, the Energy Transfer Crude Oil Pipeline (ETCO) transfer crude from the Bakken formation in North Dakota to the US refining hubs of the Gulf Coast and a storage/terminal hub in IL.

Business OnePlus 5: Amazon listing confirms 8GB RAM, Snapdragon 835
Author: 0 OnePlus 5: Amazon listing confirms 8GB RAM, Snapdragon 835

Consumers interested in the OnePlus 5 can enter their email address to receive exclusive news about the device. The company hasn't yet spilled the beans over any of its specification, but what has already been confirmed is the presence of Snapdragon 835, thanks to an early reveal of a partnership between Qualcomm and Snapdragon.

Author: 0 Sterling implied volatility jumps to highest in almost a year

It has since recovered, though, climbing back above US$1.29 on Monday after an ICM poll carried out from June 2 to June 4 showed the Conservatives with an 11 point lead over Labour . The British currency was marginally up against the euro at 87.28 pence on Wednesday ahead of what promises to be a turbulent 24 hours with the British election and European Central Bank's monthly policy meeting falling on the same day.

Author: 0 Stock Traders Buy High Volume of Call Options on Tailored Brands (TLRD)

The firm earned "Neutral" rating on Friday, June 10 by Mizuho. The stock was sold at an average price of $12.20, for a total value of $88,531,471.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website .

Business Timken Steel Corporation (NYSE:TMST) Receives An Update From Brokers
Author: 0 Timken Steel Corporation (NYSE:TMST) Receives An Update From Brokers

Jefferies maintained the shares of AKS in report on Thursday, September 15 with "Hold" rating. Morgan Stanley upgraded United States Steel from an equal weight rating to an overweight rating in a research report on Tuesday, January 31st. This represents a $0.20 annualized dividend and a yield of 0.96%. The ex-dividend date of this dividend is Monday, May 8th. United States Steel's dividend payout ratio is now -6.83%.

Author: 0 From A Very Different Angle: Physicians Realty Trust (DOC), CBS Corporation

Breaking that down further, it has performed 1.98% for the week, -2.28% for the month, 4.47% over the last quarter, -22.12% for the past half-year and 3.96% for this previous year. Victory Capital Management Inc.'s holdings in First Industrial Realty Trust were worth $31,561,000 at the end of the most recent reporting period. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock.

Business Qatar crisis: French president Emmanuel Macron urges Gulf counties to maintain stability
Author: 0 Qatar crisis: French president Emmanuel Macron urges Gulf counties to maintain stability

Earlier, he said the Saudis' move to isolate Qatar could mark the "beginning of the end to the horror of terrorism". The call came after a senior Saudi royal arrived in Kuwait with a message from the Saudi king. Its flagship carrier, Qatar Airways, was forced to reroute Europe-bound flights over Iranian and Turkish airspace after Saudi Arabia and Egypt blocked Qatari flights from using their airspace.

Business UK Labour Party Leader Corbyn Votes at Snap General Elections
Author: 0 UK Labour Party Leader Corbyn Votes at Snap General Elections

The past weeks have led to an 11-point gain by the Labour, the most dramatic consistent movement in the polls in modern British electoral history, said Dr. Steve Hilton, a former adviser to Conservative prime minister David Cameron , even called on her to resign. May has sold herself to the public as a "strong and steady" leader in a tightly scripted campaign, much like Hillary Clinton packaged herself as the experienced and sensible candidate who had enough briefing books to fill a library.

Author: 0 Arab countries are turning on Qatar. What does it mean for Israel?

Bahrain , Egypt and the United Arab Emirates were among those who joined Saudi Arabia on Monday in cutting diplomatic ties with Qatar. Tensions between Qatar and Saudi Arabia - a Middle East heavyweight - bubbled to the surface two weeks ago when Qatar said its state-run news agency and its Twitter account were hacked to publish a fake story claiming the emir, Sheikh Tamim bin Hamad Al Thani , had called Iran "a regional and Islamic power that can not be ignored".

Author: 0 Moscow: 'Zero' evidence Russian hackers involved in Qatar crisis

Qatar vehemently denies the allegations. After Saudi Arabia along with three other Arab countries cut ties with Qatar over accusations that Qatar supports regional terror groups, President Trump held a call with Saudi King Salman bin Abdulaziz Al Saud.

Business Trump sides with Saudi Arabia against Qatar
Author: 0 Trump sides with Saudi Arabia against Qatar

Saudi Arabia and other Arab countries cut ties with Qatar this week, accusing it of supporting extremists. Given Iran's propensity for meddling and its relative military strength, any robust Iranian assistance to the emirate could further unsettle the region.

Business Writer receives backlash after tweet about Japanese Indy 500 victor
Author: 0 Writer receives backlash after tweet about Japanese Indy 500 victor

It became evident - quickly - that Alonso had grown comfortable behind the wheel of the Andretti Autosport Honda in the build up to the "Greatest Spectacle in Racing". As is customary, a portion of his winnings will go to his Andretti Autosport team. "It's a close-knit group and I thank everybody for that", Dixon said.

Business China's trade growth rebounds in May
Author: 0 China's trade growth rebounds in May

Exports rose by 8.7 percent to $191 billion (169.6 billion euros) in the month under review. Overall, China's trade surplus widened to $40.8bn (£31.5bn) from $38bn in April. However, investors have been focused more on the country's strong demand for imports, mainly for industrial items such as coal and iron ore which is increasing resources prices globally.

Author: 0 Korea launches volley of missiles

Testifying before the U.S. House Armed Services Committee on Wednesday, Vice Admiral James Sying, the head of the U.S. Missile Defense Agency, said that advances in North Korea's ballistic missile capabilities were a source of "great concern".

Author: 0 Rising industry output points to German economic upswing

German industrial production in April grew by 0.8 percent from March on a price, seasonally and working day adjusted basis, outpacing markets' expectation of 0.5 percent growth. "Solid developments in industrial orders and turnover, as well as excellent business sentiment are pointing to a continuation of the upswing in manufacturing and the construction sector", the ministry said.

Business Trump heading to Ohio to talk infrastructure
Author: 0 Trump heading to Ohio to talk infrastructure

Rebuilding the nation's infrastructure was initially believed to have been supported by Republican and Democratic lawmakers. Continuing Trump's infrastructure conversation, the Kentucky Chamber has invited Elaine Chao, United States Transportation Secretary, to speak at the 2017 annual Business Summit at the end of July.

Author: 0 Brokerages Set American Midstream Partners LP (AMID) Price Target at $18.25

Wells Fargo upgraded Summit Midstream Partners LP (NYSE:SMLP) on Wednesday, January 11 to "Outperform" rating. US based company, Enable Midstream Partners, LP (ENBL)'s latest closing price was -3.34% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at -6.44% and -5.24% compared with the 20 Day Moving Average.

Business Trump to nominate Christopher Wray as new FBI director
Author: 0 Trump to nominate Christopher Wray as new FBI director

Speaker Ryan didn't address Wray directly but said his experience is "perfect". "I don't know the guy, but I've looked at his resume and he seems like the right person... Wray, 50, is a litigation attorney with law firm King & Spalding in Washington and Atlanta. Wray is best known as the lead lawyer for New Jersey Governor Chris Christie in his bridge-closing case and as the leader of the DOJ task force that went after Enron .

Business Uber honcho who obtained medical records of Delhi rape victim fired
Author: 0 Uber honcho who obtained medical records of Delhi rape victim fired

Alexander's sudden dismissal comes at a time of intense scrutiny for Uber, whose workplace culture has been described as both sexist and ruthless. Eric Alexander , the president of business in the Asia Pacific region, was sacked on Tuesday, just as the company announced that it had fired 20 employees over the last few months for harassment, discrimination and inappropriate behaviour.

Business Man United top Forbes' most valuable soccer teams list
Author: 0 Man United top Forbes' most valuable soccer teams list

AC Milan , Chelsea and Manchester United have all been credited in showing interest in Morata, who scored 20 goals in 43 appearances in all competitions in the recently concluded season. Rashford concluded: " Good competition is important if you want to be successful ". Conte has just led Chelsea to their fifth Premier League title but he knows he needs to further strengthen his squad ahead of their return to the Champions League and Morata would give them another top class option ...

Author: 0 This Saudi-Qatari rift complicates America's broader fight against terror

It's significant to note that nations in the Middle East and beyond believe that Qatar or individuals who live there financially support terrorism . But Gulf Arab neighbours and Egypt have always been irked by its maverick stances and support for the Muslim Brotherhood , which they regard as a political enemy.

Author: 0 Chris Christie: Trump's Talks With Comey Just 'Normal NYC Conversation'

The former director's testimony is based on written memos of his interactions with Trump , some of which he says he shared with senior Federal Bureau of Investigation leadership. "The president said, 'I need loyalty, I expect loyalty .' I didn't move, speak, or change my facial expression in any way during the awkward silence that followed", Comey said.

Business United Kingdom police ID two London Bridge attack suspects
Author: 0 United Kingdom police ID two London Bridge attack suspects

May held an emergency meeting earlier today to organize the government's response to the attack , the third deadly terrorist event to hit the U.K.in less than three months. "We have to keep her name alive so it makes an impact in the world", said Mark Ferguson, Tyler's brother. Met Police said Marine Police Unit specialist officers recovered the body Tuesday night near Limehouse, about 2 miles away from London Bridge .

Business RBI monetary policy panel refused meeting with Finance Ministry
Author: 0 RBI monetary policy panel refused meeting with Finance Ministry

Consequently, the reverse repo rate has been kept steady at 6 percent, and the marginal standing facility (MSF) rate and the bank rate at 6.50 per cent by the Reserve Bank of India ( RBI ). RBI also hinged its growth projection of 7.3% on the continuing remonetization, which is now 82.6% complete. Retail inflation measured by year-on-year changes in the consumer price index (CPI) plunged to a historic low in April, pulled down by a large favourable base effect which overwhelmed a momentum ...

Business CT 2017: In-form South Africa Face Lacklustre Pakistan
Author: 0 CT 2017: In-form South Africa Face Lacklustre Pakistan

David Miller scored an unbeaten 75 to pace the Proteas' innings, but his team-mates fell flat, with only Quinton de Kock (33 from 49 balls) bagging more than 30 runs. Pakistan have long had the capacity to run hot and cold like a defrosting vindaloo, but even their greatest supporters were beginning to doubt they could recover from their latest drubbing.

Business ISRO Successfully Launches GSLV Mark III Rocket With GSAT-19 Satellite
Author: 0 ISRO Successfully Launches GSLV Mark III Rocket With GSAT-19 Satellite

If launched successfully, "Fat Boy" will be the heaviest satellite into orbit by an Indian rocket till date. Congratulating the scientists at ISRO , Prime Minister Narendra Modi tweeted , "The GSLV - MKIII D1/GSAT-19 mission takes India closer to the next generation launch vehicle and satellite capability".

Business U.S. sees crude output breaking 48-year-old record in 2018
Author: 0 U.S. sees crude output breaking 48-year-old record in 2018

The country also produces 1.48 million barrels of oil per day and is a member of the Organization of the Petroleum Exporting Countries ( OPEC ). The Energy Information Administration ( EIA ) increased its USA output estimates with an increase in production to 9.3 million bpd expected for 2017 while the EIA also projected that 2017 output could reach 10 million bpd.

Author: 0 Saudi Arabia said to tell banks not to increase Qatar exposure

Both Turkey and Kuwait have offered to facilitate peace talks but till the politics of intervention, imperialism and regional monarchies are not effectively challenged, there is little hope for a long-term solution in the Middle East.

Business Free doughnuts and cops with sticky fingers on National Doughnut Day
Author: 0 Free doughnuts and cops with sticky fingers on National Doughnut Day

Krispy Kreme has more than 1,300 locations in 31 countries and also sells its doughnuts in 12,000 other stores, according to the company. Wear anything with donuts on it and get one free donut for National Donut Day! Concannon's Bakery, Cafe, & Coffee Bar : Pick up a free donut! To get a freebie, some franchises such as Cumberland Farms and Dunkin' Donuts require the purchase of a beverage.

Author: 0 Donald Trump backs Saudi Arabia over Qatar row, then urges 'unity'

Saudi Arabia and the United Arab Emirates were the largest markets by the number of available seats for Qatar Airways and the loss of the four Arab markets could lead to a double-digit decline in revenue for the carrier, CAPA said . Even if Trump did not order or approve Saudi's move to isolate Qatar, his Middle East trip signaled the beginning of major changes in the region. The escalating tensions between the countries and allies isolating Qatar is leaving the Middle East divided.

Author: 0 British police name third attacker as new search gets underway

The attack began late Saturday when three men drove a van into pedestrians on London Bridge before stabbing people at bars and restaurants in nearby Borough Market . Additional reporting from The Associated Press . London police on Monday identified the alleged attackers as Khuram Shazad Butt, 27, a British citizen born in Pakistan, and Rachid Redouane , who claimed both Libyan and Moroccan nationality.

Business Qatar Says in Talks with Iran to Provide Food Supplies
Author: 0 Qatar Says in Talks with Iran to Provide Food Supplies

However, Qatar denies the accusations. Lavrov emphasized that "it's important to settle any differences at a negotiating table to ease concerns that emerged and pool efforts in the fight against the main regional threat, terrorism". The president's sharp critique of Qatar pulled the USA directly into a conflict that American diplomats had wanted the bickering parties to resolve among themselves.

Author: 0 US President Donald Trump Proposes Privatized ATC Reform

The major domestic carriers all support the privatization plan, with the notable exception of Delta Air Lines . The announcement does not come as a surprise, as Trump met with airline CEOs in February. Larsen noted that flights at Seattle-Tacoma International Airport are running more efficiently because of NextGen , and said billions of dollars' worth of benefits to the airline industry could be at risk.

Author: 0 Trump offers to host feuding Gulf nations at White House

President Donald Trump sided with Saudi Arabia and other Arab countries Tuesday in a deepening diplomatic crisis with Qatar, appearing to endorse the accusation that the oil-rich Persian Gulf nation is funding terrorist groups. The comments lent credence to a view held by some analysts that Trump in his Middle East trip emboldened the Arab nations to take action even though Qatar is a USA ally and hosts a US military base.