Business

Author: 0 Government runs July budget surplus for first time in 15 years

Government borrowing surged 9% in the four months to July, despite public finances running their first July surplus in 15 years. The Office for Budget Responsibility, the Government's official forecaster, expects borrowing in 2017/18 to be 58.3bn, up from the £45.1bn deficit previous year.

Business Low mortgage rates not impressing potential new home buyers
Author: 0 Low mortgage rates not impressing potential new home buyers

Whereas this time last year the total number of applications for new mortgages measured against the previous year rose by 22%, this year it went up by a meagre 0.1%, even after seasonal adjustments were taken into account. This type of mortgage offers lower interest rates. The take-up is 13% higher than it was 12 months ago. The type of mortgage that many young, first-time buyers who have limited funds go for, is one insured by the Federal Housing Administration.

Business Oil prices fall on profit taking
Author: 0 Oil prices fall on profit taking

So far, however, the increase in US production has been relentless with increasing volumes from shale, particularly from the giant Permian basin in Texas and New Mexico. The North American benchmark WTI is now trading at $48.5 per barrel and Brent at $4.1 per barrel premium to WTI. Rig numbers in the major oil-producing basins of Permian, Eagle Ford, Williston (which contains the Bakken shale play) and Niobrara remained stable from a week ago.

Business Infosys slips out of 10 most valued companies on NSE
Author: 0 Infosys slips out of 10 most valued companies on NSE

The rupee had opened with modest gain of 10 paise at 64.05 per dollar but later traded in a tight range in absence of any fresh macroeconomic clue, dealers said. As finding closure to the "founder issues" and maintaining business traction, especially in large accounts, would not be easy, Dhasmana said that, over the long-term, the Board had to create mechanisms to shield the management from external noise as had been the case with Sikka.

Author: 0 North Korea slams next week's US-South Korea military exercises

Top U.S. general Joseph Dunsford said on Thursday the United States and South Korea would go ahead with joint military drills next week despite pressure from North Korea and its main ally, China, to halt the contentious exercises that Pyongyang routinely describes as preparation for war.

Business Police called over Prince Frederik incident in Brisbane
Author: 0 Police called over Prince Frederik incident in Brisbane

Mr Hogan descried the scenario as akin to a "scene from Monty Python" to Brisbane radio station Triple M. "I mean I understand he's a very important person, but what's to stop me now calling up Liquor and Gaming Regulation and saying, 'I've got John out here, and do you mind if I just let him in cause I'm going to vouch for him'".

Business Cone Midstream Partners LP (CNNX) Under the Watchful Eye of Investors
Author: 0 Cone Midstream Partners LP (CNNX) Under the Watchful Eye of Investors

Raymond James upgraded the shares of ENLK in report on Thursday, January 12 to "Outperform" rating. The stock of Halliburton Company (NYSE:HAL) earned "Buy" rating by Piper Jaffray on Monday, July 24. Moreover, Toronto Dominion Bank & Trust has 0% invested in American Midstream Partners LP (NYSE:AMID). Neuberger Berman Gru Lc stated it has 1.20M shares or 0.06% of all its holdings.

Business DIY Ways To Make Your Own Solar Eclipse Glasses
Author: 0 DIY Ways To Make Your Own Solar Eclipse Glasses

In most case, all you need for the project is a cardboard box, some white paper, aluminum foil, tape, and an X-acto knife or scissors, and either a thumbtack, needle, or nail. Finally, you can use your very own fingers. If you have nothing handy with which to watch, don't fret. NASA's Jet Propulsion Laboratory at the California Institute of Technology has also released tips on how to make a pinhole camera with two pieces of white card stock, aluminum foil, tape and a pin or a paper clip.

Business Herbalife Ltd. (NYSE:HLF) Sees Significantly Higher Trading Volume
Author: 0 Herbalife Ltd. (NYSE:HLF) Sees Significantly Higher Trading Volume

Citigroup Inc. boosted their price objective on shares of Herbalife LTD . from $66.00 to $74.00 and gave the company a "neutral" rating in a report on Wednesday, May 31st. The Firm uses various applications, including predictive behavioral routing, performance management, quality assurance and predictive analytics to analyze and predict customer behavior based on the language exchanged between agents and clients during brand interactions.

Business BHP misses on profit, dividend; focuses on paying down debt
Author: 0 BHP misses on profit, dividend; focuses on paying down debt

Underlying profit jumped from $1.2 billion a year ago, but was below analysts' forecasts for around $7.4 billion, based on Thomson Reuters I/B/E/S. Even BHP's underlying earnings, excluding one-off costs and write-downs, only managed a 454 per cent rise to $US6.7 billion, well below the 500-plus per cent increase that most analysts had tipped, which would have taken earnings as high as $US7.5 billion.

Business China Unicom shares soar on $11.7 bn stake sale plan
Author: 0 China Unicom shares soar on $11.7 bn stake sale plan

At the time of writing, the 14-day ADX for China Unicom Hong Kong Ltd (CHU) is 17.80. For the week, the stock is performing 1.40%. Citigroup Inc. boosted its stake in China Unicom (Hong Kong) by 739.6% in the second quarter. Hong Kong's freedoms, including judicial independence, are constitutionally enshrined under a "one country, two systems" deal struck before Britain returned the territory to China in 1997.

Business Ford announces scrappage scheme
Author: 0 Ford announces scrappage scheme

Ford has announced a new scrappage scheme - aimed at improving air quality by removing high-polluting vehicles from United Kingdom roads. The UK's biggest selling firm is offering up to £7,000 off new models in return for scrapping toxic cars registered before December 2009.

Business LA Jury Awards $417M to User of Johnson & Johnson Baby Powder
Author: 0 LA Jury Awards $417M to User of Johnson & Johnson Baby Powder

However, the company says it will lodge an appeal against the verdict. Based on the studies and other allegations of later public health studies and other information, she alleged that the company was aware, or should have known, it was marketing a product harmful to women.

Author: 0 AstraZeneca plc 8.5% Potential Upside Indicated by Liberum Capital

The stock increased 14.28% or GBX 104.96 on August 21, reaching GBX 839.96. About shares traded. Casey's General Stores Inc (NASDAQ:CASY) has risen 0.79% since August 21, 2016 and is uptrending. Similarly, the company's last 5 years high P/E ratio is 72.15 and low P/E is 9.58, whereas, the industry's and sector's high P/E for the past year is 40.54 and 44.3 respectively and low P/E ratio for the last 5 years is 24.13 for the industry and 24.68 for the Sector.

Business Walmart expands online grocery delivery via Uber
Author: 0 Walmart expands online grocery delivery via Uber

Walmart began grocery delivery in Denver and San Jose, California, in 2013. Uber drivers will then deliver the goods to consumers' homes. The world's biggest retailer is expanding the service to Orlando and Dallas in a partnership with Uber Technologies, whose drivers will make the home deliveries.

Business Foot Locker, Inc. (NYSE:FL) Closed Significantly Below Its 50 Day Average
Author: 0 Foot Locker, Inc. (NYSE:FL) Closed Significantly Below Its 50 Day Average

Analysts reported that the Price Target for Foot Locker, Inc . might touch $81 high while the Average Price Target and Low price Target is $64.75 and $52 respectively. Trading volume was up 1,329.21% over the stocks average daily volume. The sale was disclosed in a legal filing with the SEC, which is available through this link .

Business Total Solar Eclipse Could Cost US Nearly $700 Million in Lost Productivity
Author: 0 Total Solar Eclipse Could Cost US Nearly $700 Million in Lost Productivity

The anticipation of the solar eclipse will cost companies $ 694 million in lost revenue over the number of people watching the two and half minute spectacle Monday. 'It's not going to show up in any type of macroeconomic data'. States and metropolitans that are directly in the path that the eclipse is slated to hit could potentially see almost $200 million in diminished productivity.

Business Hyundai plans electric car in strategic shift
Author: 0 Hyundai plans electric car in strategic shift

The brand added the new model will "spearhead" its plans to develop low-emission vehicles in line with its and sister company Kia's plans to introduce 31 eco-friendly models to the global market by 2020, with Hyundai taking a multipronged approach, consisting of electric, hybrid and fuel-cell powertrain options.

Business Two-thirds of business leaders have no cyber training
Author: 0 Two-thirds of business leaders have no cyber training

Separate research , also out on Monday, also showed that charities were just as susceptible to attacks are businesses. The government is particularly concerned about the possibility of charities being hacked as many are in possession of confidential information about children as well as data about wealthy donors.

Business McDonald's Terminates Franchise Agreement for 169 India Locations
Author: 0 McDonald's Terminates Franchise Agreement for 169 India Locations

The restaurants have 15 days from the termination notice to stop using McDonald's name, branding, and recipes. McDonald's ( MCD ) said on Monday that it intends to close all 169 of its locations in India's northern and eastern regions, intensifying the fast-food giant's dispute with local partners, Reuter reports.

Business Recall Alert: Don't Use These Solar Eclipse Glasses
Author: 0 Recall Alert: Don't Use These Solar Eclipse Glasses

As for Dutch Brothers, they are asking customers to return the glasses in exchange for a free drink. The American Astrological Association previously warned of so-called "certified" eclipse glasses that won't protect your eyes. You can contact local libraries and NASA viewing events and see if they have any glasses left. Another wrote : "Pisses me off getting up at 4 in morning waiting in line to get these for my kids and they are unsafe thank you for the warning but this was all we had ...

Business Carl Jenkinson, Cohen Bramall join Birmingham on season-long loans
Author: 0 Carl Jenkinson, Cohen Bramall join Birmingham on season-long loans

After Arsene Wenger stressed the need to sell some of Arsenal's assets before buying, he has sent two of his full-backs, Carl Jenkinson and Cohen Bramall , down a division to Birmingham City on season-long loans. As for Cohen Bramall , Arsenal fans are still trying to understand why Wenger plucked him from the non-league last season. Saints prospect Gallagher, another 21-year-old, turned out for Blackburn on loan last season and the striker will be heading back for another stint in ...

Business YouTube brings a new 'Breaking News' feed across all platforms
Author: 0 YouTube brings a new 'Breaking News' feed across all platforms

The category of "breaking news" will be similar to the "recommended video" that has already been run previously. Download the News Nation Mobile App and stay connected with top stories from India and around the world. Users can scroll and select the one they wish to watch. The company has not confirmed that how it is populating the news section, whether the company has developed a new algorithm for it or curating content by hand.

Business Sempra Bid Tops Buffett and Singer in Race for Energy Future
Author: 0 Sempra Bid Tops Buffett and Singer in Race for Energy Future

The hedge fund, which had reportedly been structuring its own deal for Oncor, opposed the acquisition on the grounds that "the Berkshire transaction does not provide such value". But Berkshire Hathaway stood firm on its offer, saying last week that it would not be increasing the bid. Sempra Energy's headquarters in downtown San Diego.

Business Essar Oil completes $13 billion sale to Rosneft in largest FDI deal
Author: 0 Essar Oil completes $13 billion sale to Rosneft in largest FDI deal

Rosneft (ROSN.L) announced Monday that it has completed the acquisition of 49.13 percent stake in India-based Essar Oil Limited from Essar Energy Holdings Limited. "Following this transaction, Essar has now helped attract more than US$30 billion of foreign investments into India. With the completion of our capex programme of over Rs 1.2 trillion (Rs 1.2 lakh crore), we now look forward to a period of growth in our wider portfolio of businesses".

Business Rathbones and Smith & Williamson in £55bn merger talks
Author: 0 Rathbones and Smith & Williamson in £55bn merger talks

As such, AGF does not intend to make any further press release or announcement regarding these matters unless and until a binding, definitive transaction agreement is entered. In a statement on the London Stock Exchange this morning (21 August 2017), Rathbones confirmed that it is now in exclusive discussions with the Smith & Williamson group of companies regarding a possible all-share merger of the two groups.

Business Maersk agrees to sell oil unit to Total in $7.45 bln deal
Author: 0 Maersk agrees to sell oil unit to Total in $7.45 bln deal

Danish shipping company Moller-Maersk has agreed to sell its oil and gas division, Maersk Oil, to Total for $7.45bn in a combined share and debt transaction. It also means the addition of 160,000 boe/d of mainly liquids production in 2018, acquired "at an average price of 46 k$/boepd", offering high margins with an estimated free cash flow break-even of less than $30/b and growing to more than 200,000 boe/d by the early 2020s.

Business Musk warns of 'killer robot' arms race
Author: 0 Musk warns of 'killer robot' arms race

The letter was signed by 116 robotics and artificial intelligence leaders from around the world, including Mr Musk and Google's DeepMind co-founder Mustafa Suleyman . It is expected to be used to tackle social problems like inequality, poverty and help address the challenges posed by climate change. Professor Toby Walsh, an AI expert from the University of New South Wales in Sydney, had previously called for a ban at the same conference two years ago.

Business Donald Trump praises Boston counter-protestors fighting hate speech
Author: 0 Donald Trump praises Boston counter-protestors fighting hate speech

We're not huge advocates for our own species" dignity these days, but it would still be nice if humanity's tombstone didn't read " Donald Trump tweeted "Nuke Korea" when he meant "Nice convertible, ' and then we all just kind of died". Earlier Trump tweeted a nonexistent word-"covfefe" which also has sparked a flood of humour and ridicule on the internet. USA journalist Mark Harris gave a witty reply saying that one of Trump's staff members had been helping him understand the importance ...

Business Drone-like object spotted near IGI, flights hit
Author: 0 Drone-like object spotted near IGI, flights hit

Sources said the "drone-like object" was spotted by an Air Asia pilot about 7.09 pm. The pilot had informed the ATC that he spotted a drone-like object approximately 3 nautical miles from the runaway. "Our pilots followed normal procedure and carried out an uneventful landing". Following this, the pilot immediately alerted the Air Traffic Control (ATC).

Business Merk, Under Armour CEOs resign from Trump's American Manufacturing Council
Author: 0 Merk, Under Armour CEOs resign from Trump's American Manufacturing Council

Merck chief Frazier's resignation from Trump's manufacturing council on Monday marked the first crack in the councils after the bloody weekend in Charlottesville . He was also condemned for stating that "many sides" were involved. Merck's Frazier, who is black, did not name Trump or criticise him directly in a statement posted on the drug company's Twitter account, but the rebuke was implicit.

Author: 0 Deportivo vs. Real Madrid live stream

Marca have an article in their Sunday edition flexing the muscles of Real Madrid . Real beat Barcelona home and away to win the Super Cup 5-1 on aggregate. Zidane, however, expects Bale to stay and play a key role for the champions. "He's fine. He's training consistently and that's crucial for him". However, following just 8 La Liga starts during his debut campaign at the club, the 23-year-old went on to solidify himself as an important member of Zinedine Zidane's squad last season, ...

Business Friday's Topeka forecast: Chance of afternoon rain, high of 88
Author: 0 Friday's Topeka forecast: Chance of afternoon rain, high of 88

Chance of precipitation is 20%. Wednesday - Showers and thunderstorms likely before 9am. Tonight , partly cloudy, warm and muggy with a stray shower. Mostly sunny with a high near 95. Winds: S around 5 miles per hour. Today Sunny, with a high near 92. There will be a 30 percent chance of rain. Tuesday - A chance of showers and thunderstorms after 11am.

Business Trump disbands business councils after CEOs quit
Author: 0 Trump disbands business councils after CEOs quit

Flannery said he and Immelt had consulted on the matter with "many leaders inside and outside the company", and also discussed with other executives on the various presidential councils about disbanding those committees before Trump himself did so midday.

Business Trump's manufacturing council, policy forum disbanded
Author: 0 Trump's manufacturing council, policy forum disbanded

The American Manufacturing Council and the Strategic and Policy Forum were dissolved after eight CEOs, including Campbell Soup chief Denise Morrison and 3M head Inge Thulin, resigned from the high-profile advisory bodies. Pence, who is returning home early to Washington tomorrow, said while in Chile "our hearts are on Charlottesville". The resolution will be introduced when the House holds its next meeting on Friday.

Business White House Rumors: Why a Gary Cohn Resignation Is Worrying Everyone
Author: 0 White House Rumors: Why a Gary Cohn Resignation Is Worrying Everyone

As Trump's chief strategist, Bannon has been seen as representing a right-wing political faction that critics have said encourages white supremacists like those involved in the deadly rioting last weekend in Charlottesville, Virginia. Calpine rocketed after the Journal reported that Energy Capital Partners was closing in on a $17bn deal to acquire the power company. Isaac Boltansky at Compass Point echoed that sentiment in a note on Thursday: "We have no insight into Mr.

Business NXT TakeOver: Brooklyn III Results
Author: 0 NXT TakeOver: Brooklyn III Results

Ember Moon for the NXT Women's Championship. Young and Wolfe finished the match with their belly-to-belly suplex/neckbreaker combo on Rezar to win the NXT Tag Team Champions. They then attacked Drew McIntyre and then Adam Cole ran out of the crowd and joined in. They never won tag team titles but both men were incredibly successful after their break-up.

Business 2 state troopers shot, suspect dead in Fayette County
Author: 0 2 state troopers shot, suspect dead in Fayette County

Two Pennsylvania State Troopers were shot and the suspect is dead after a shootout in western Pennsylvania. "His prognosis is good", Ruggery said. Once Belsar saw troopers, he tried to escape and ignored troopers commands to stop. One trooper was in critical condition but his prognosis was said to be good following the Friday night shooting. Channel 11 discovered shot openings in the glass gateway of an adjacent senior focus.

Business Mother of slain protester says she won't talk to Trump
Author: 0 Mother of slain protester says she won't talk to Trump

They use the broad appeal of the presidency to unite and soothe, urging citizens to remember their humanity, their common bonds as Americans. Rep. Al Green (D-TX), who was one of the first House members to call for Trump's impeachment, is the only representative who endorsed Sherman's resolution.

Author: 0 Under Armour CEO Quits Trump Council

Meanwhile, Trump said that he has other CEOs ready to take their place that " grandstanders " should not have joined the manufacturing council in the first place. Trump reacted angrily to the four departures, taking to Twitter to share his disdain. A White House official downplayed the importance of the manufacturing council and a separate policy and strategy forum featuring corporate leaders.

Business Traders Alert on Dominion Energy Midstream Partners, LP (DM)
Author: 0 Traders Alert on Dominion Energy Midstream Partners, LP (DM)

About 68,462 shares traded. It is down 39.56% since August 18, 2016 and is uptrending. It has outperformed by 40.70% the S&P500. SHLX's SI was 1.68M shares in August as released by FINRA. Multi Color Corp (NASDAQ:LABL) was reduced too. Since February 22, 2017, it had 0 insider purchases, and 9 sales for $1.89 million activity. About 15.34 million shares traded.

Business Idaho unemployment drops to 3 percent, lowest since 2008
Author: 0 Idaho unemployment drops to 3 percent, lowest since 2008

July's jobless rate rose to 5.2 percent , as a decline in Mississippians with jobs outstripped a shrinking labor force. "Even if the household survey is overstating the gains in employment, I think it is pretty clear from looking at the data in its entirety that we have very strong employment growth going on this year", Pakko said.

Business Suit claims Nestle's Poland Spring Water is a 'colossal fraud'
Author: 0 Suit claims Nestle's Poland Spring Water is a 'colossal fraud'

Eleven bottled water drinkers accused Poland Spring of a "colossal fraud perpetrated against American consumers". They seek class certification, an injunction and at least $5 million in damages for false advertising, breach of contract, deceptive labeling and consumer-law violations.

Business President stress no war on Peninsula during press conference
Author: 0 President stress no war on Peninsula during press conference

However, the Chinese "double freeze" proposal, by which North Korea freezes its nuclear and missile activities in exchange for the USA and South Korea freezing their joint military exercises, was instantly rejected by Washington. Pacific territory of Guam. "The government will prevent a war at all cost". A day later, he doubled down on his threat saying a military option against North Korea is " locked and loaded ".

Business Trump Disbands Manufacturing Panels Following Charlottesville Backlash
Author: 0 Trump Disbands Manufacturing Panels Following Charlottesville Backlash

Frazier explained his exit from the counsel by saying that the President should be the first to "clearly [reject] expressions of hatred, bigotry and group supremacy". he will have more time to lower ripoff drug prices!" According to three executives with knowledge of the discussions, Trump's startling press conference Tuesday at Trump Tower spurred the members to talk about a response.