Economy

Grocers facing a united Amazon-Whole Foods must adapt

Grocers facing a united Amazon-Whole Foods must adapt

And so far, it seems to be a prudent one: after the deal closed, Amazon's market cap appreciated by $15.6B , meaning they essentially got Whole Foods for free - and then some. Mackey helped grow the company from a tiny health-conscious grocer in Texas into a giant in upscale chain in all but eight U.S. states. Whole Foods shares are rising as high as $43.64 on Monday, as some traders continue to believe the stock will sell for more than the $42 per share at which Amazon has agreed ... Read More

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Labour election result not good enough, Chris Leslie says

Brexit negotiations will be more hard for British Prime Minister Theresa May following the general election results, a think-tank expert said Friday. "Theresa May is certainly the strongest leader that we have at the moment", lawmaker David Jones told the BBC. In an exclusive interview with the Sunday Mirror , Mr Corbyn is champing at the bit and buzzing with enthusiasm. Read More

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Trump to clamp down on Cuba travel, trade, curbing Obama's detente

Trump to clamp down on Cuba travel, trade, curbing Obama's detente

The move marks yet another departure from a signature policy of the Obama administration, which ended a decades-long freeze of diplomatic ties with Cuba in 2014. Cheered by Cuba hardliners in both parties, Trump's new policy is broadly opposed by US businesses eager to invest in Cuba. Obama announced in December 2014 that he and Cuban leader Raul Castro were restoring diplomatic ties between their countries, arguing that the policy the USA had pursued for decades had failed to bring about ... Read More

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US Secret Service says it doesn't have any Trump tapes

US Secret Service says it doesn't have any Trump tapes

One big strike against President Trump's insinuation that recordings of White House conversations might exist: The Secret Service isn't aware of any. That investigation continues, as do congressional inquiries. "I hope you can let this go". I asked to hear it. By Comey's account, however, he reacted in the opposite manner. Comey told the Senate intelligence committee: "There might be corroboration for our conversation, there might be a tape". Read More

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Boeing, BOC Aviation Sign Memorandum of Understanding for 10 737 MAX 10s

The announcement is valued at approximately $1.25 billion at list prices and will be posted to the Boeing Orders and Deliveries website once finalized. Like Boeing's other 737 MAX models, the MAX 10 incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets, Boeing Sky Interior, large flight deck displays, and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. Read More

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Korea fires multiple anti-ship missiles: S. Korean military

Korea fires multiple anti-ship missiles: S. Korean military

A USA defense official confirmed a launch had been detected but told CNN the Pentagon was unlikely to release a statement as these were not ballistic missiles capable of posing a long-range threat. The launch is the latest in a fast-paced series of missile tests defying world pressure and threats of more sanctions. The launch comes one day after Moon's government suspended the deployment of a controversial United States missile defense system which had strained relations with China ... Read More

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Shiv Sena non-committal on BJP Presidential candidate

Shah, along with Maharashtra Chief Minister Devendra Fadnavis, visited Thackeray's residence "Matoshree" and held a close-door meeting, which started around 10 am and lasted almost 75 minutes. Union Home Minister Rajnath Singh and Naidu on Friday met Communist Party of India (CPI) leaders D. Raja and Sudhakar Reddy at the latter's party office over presidential elections. Read More

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Death toll from London tower block blaze rises to 17

Metropolitan Police Commander Stuart Cundy warned that the death toll could rise further as he formally identified a first victim as 23-year-old Mohammad Alhajali. We are not stupid we are aware people are dead. She also chaired the government's Civil Contingencies Committee, which deals with major crises such as terrorism or natural disasters, in Whitehall. Read More

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Ward vs Kovalev 3? Sergey should leave Andre alone, for now

We wish them well with their combat panto but let's not confuse it with a contest that taps into the best traditions of the fight game, a bout awash with animus, hubris and rage. It was a crashing right hand to the head that badly hurt Kovalev and started the assault the that finished the fight. "No disrespect to Stevenson but I haven't even been thinking of him". Read More

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GST will roll-out on 1st July, confirms Arun Jaitley

State-run lottery tickets will attract a levy of 12% while those run by private players will attract a higher GST of 28%. Similarly, services provided by restaurants in five-star hotels will now also charge 18%, down from 28% earlier. "However, for other commodities, the penalty amount will be deposited in the consumer welfare fund as provided under the GST Act", Adhia added. It also expanded the negative list for the composition scheme to include ice-cream, pan masala and tobacco. Read More

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Oil prices slip as US rigs rise, demand growth falters

Oil prices slip as US rigs rise, demand growth falters

He said production levels in Libya and Nigeria were within the range determined when Opec, meeting in September previous year in Algeria, chose to cut output for the first time since 2008. Saudi Energy Minister Khalid al-Falih said the oil market is heading in the right direction, but still needs time to rebalance, the London-based newspaper Asharq al-Awsat reported on Monday. Read More

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Deutsche Bank AG Reaffirms "Hold" Rating for The Sage Group plc (SGE)

Jefferies has "Hold" rating and $354 target. The stock has "Sell" rating by UBS on Thursday, January 28. JP Morgan Cazenove restarted their coverage on NMC Health giving the company a "Neutral" rating. Among 14 analysts covering BlackRock ( NYSE:BLK ), 8 have Buy rating, 0 Sell and 6 Hold. The correct version of this piece can be accessed at https://www.com-unik.info/2017/06/14/peel-hunt-raises-morgan-sindall-group-plc-mgns-price-target-to-gbx-1200-updated-updated-updated.html. Read More

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Qatar will buy United States some F-15 fighters

The Pentagon said in a statement that the deal "will give Qatar a state-of-the-art capability and increase security cooperation and interoperability between the United States and Qatar ". U.S. agrees with KSA/UAE that Qatar is a "state-sponsor of terrorism", and then sells Qatar $12 billion in arms. But coming on the heels of the unprecedented spat between Doha and its neighbors, the deal nearly compartmentalizes US-Qatari defense relations, he added. Read More

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US Fed hike rates for second time this year

US Fed hike rates for second time this year

Earlier Wednesday, the Federal Reserve's policy-setting group, the Federal Open Market Committee , offered more details on its plan to start reducing its monthly reinvestments of maturing Treasuries and mortgage-backed securities. USA stock futures signalled a rocky start on Wall Street after Wednesday's rate hike and another tumble in tech stocks. USA core inflation , which strips out volatile food and fuel prices, slowed for the fourth straight month, to 1.7% in May, Bloomberg ... Read More

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London fire: Queen Elizabeth issues somber message after site visit

London fire: Queen Elizabeth issues somber message after site visit

Although police did not speculate on the eventual number of fatalities, local community sources say at least 70 from Grenfell Tower are still missing, including entire families. "What I'm now absolutely focused on is ensuring that we get that support on the ground". "They haven't got easy fire escapes, they've got no sprinklers, it's totally, totally unacceptable in Britain that this is allowed to happen and people lose their lives in this way". Read More

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RSA Insurance Group Plc (RSNAY) Valuation According To Analysts

The rating was downgraded by Barclays Capital to "Equal Weight" on Thursday, August 25. Canaccord Genuity restated a buy rating and set a GBX 400 ($5.06) price objective on shares of Zpg Plc in a report on Monday, January 30th. Numis Securities's target would suggest a potential upside of 45.45% from the company's stock close price. Marsh & McLennan had 14 analyst reports since September 8, 2015 according to SRatingsIntel. Read More

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Britain eyes Brexit deal 'like no other in history'

An attempt to strengthen her hand by calling an election backfired and she's run into further domestic strife since, while the 27 other European Union members started out with more leverage anyway. British Prime Minister Theresa May has said that the vote one year ago was partly a vote for Britain to control its borders, and has said that Britain will leave Europe's single market, as membership is incompatible with restricting immigration. Read More

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Esure Group PLC's (ESUR) "Sell" Rating Reiterated at Shore Capital

The stock has a consensus rating of "Hold" and a consensus target price of $349.47. The company was maintained on Thursday, January 5 by Peel Hunt. Its down 62.81% from 72,600 shares previously. FirstGroup plc (LON: FGP ) insider Matthew Gregory sold 42,164 shares of the company's stock in a transaction dated Monday, June 5th. The firm has "Overweight" rating given on Monday, July 11 by Barclays Capital. Read More

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Commodities: Crude veers heavily lower as Libya output surges

Commodities: Crude veers heavily lower as Libya output surges

Commodity markets were absorbing news the United States would withdraw from the landmark 2015 global agreement to fight climate change, a move that fulfilled a major campaign pledge but drew condemnation from U.S. shale fields - an increase of more than 120 per cent compared with a year ago. With OPEC out of obvious moves after its predictable and therefore anticlimactic announcement to extend production cuts into 2018, and with traders reluctant to get too excited over ... Read More

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Oil prices struggle on doubts OPEC can rein in oversupply

Oil slumped to the lowest close in seven months this week as concerns grew that rising US supplies will offset the production curbs by OPEC and allies including Russian Federation. On June 14, 2017, the EIA (U.S. Energy Information Administration) released its weekly petroleum status report. Crude inventories USOILC=ECI fell 1.7 million barrels in the week to June 9, compared with analysts' expectations for a decrease of 2.7 million barrels, as imports USOICI=ECI fell 481,000 barrels per ... Read More

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Authorities: 14 people go to hospital after deck collapse

Authorities: 14 people go to hospital after deck collapse

Three helicopters, including KRMC's ALERT air ambulance, were used to transport the injured. Fourteen people were taken to local hospitals, Lake County Sheriff Don Bell told ABC affiliate KFBB-TV. Most of the injuries seemed to be broken bones, along with scrapes and bruises, Havens said. The Lakeside/Somers Fire Department is reporting the incident and their actions to the insurance company, according to Havens. Read More

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Uber's CEO takes leave as recommended by outside team

Uber CEO Travis Kalanick is taking a leave of absence for an unspecified amount of time, he told staff at the fast-growing ride-hail giant in a company-wide memo. Uber was controversial from the start as it turned the taxi market in hundred of cities upside down. Holder also recommended adding independent directors and replacing the board chairman, co-founder Garrett Camp, with an independent person. Read More

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Rangers activate Ross for season debut, add Napoli, Gomez

Rangers activate Ross for season debut, add Napoli, Gomez

The homer scored Kyle Seager . They must beat Yu Darvish in Sunday's series finale to prevent the Rangers from completing a three-game sweep. He gave up a leadoff homer to No. Is it that the team has won 8 of their last 10? But it summed up the day. Seattle Mariners' Danny Valencia smiles as he jogs to the dugout after hitting a two-run home run off a pitch from Texas Rangers' Yu Darvish in the first inning of a baseball game, Sunday, June 18, 2017, in Arlington, Texas. Read More

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Sri Lanka Finance Minister meets India, Indonesia counterparts

Sri Lanka Finance Minister meets India, Indonesia counterparts

The Second Annual Meeting of the Board of Governors of the AIIB kicked off on Friday, with governors and representatives of the members, government officials, worldwide organization officials, scholars and businessmen in attendance. In-depth discussions about sustainable infrastructure were made at 16 sideline seminars for private sector businesses, financial institutions and academic professionals over the two days. Read More

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Sophos Group (LON:SOPH) Analyst Target Changes

Therefore 46% are positive. RSA Insurance Group plc has a 52-week low of 5.87 and a 52-week high of 8.26. The stock increased 0.92% or GBX 2.38 on June 13, reaching GBX 259.78. About 132,657 shares traded. The share price of the company (LON:BAB) was up +0.91% during the last trading session, with a high of 893.92 during the day and the volume of Babcock International Group shares traded was 1941461. Read More

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Britain to hold special two-year parliament session to tackle Brexit

Anxious by immigration and loss of sovereignty, Britain voted previous year to end its four-decades-old membership of the 28-country bloc - the first state ever to do so - in a shock referendum result. Mr Davis's agreement to Monday's agenda led some European Union officials to believe that Mrs May's government may at last coming around to Brussels' view of how negotiations should be run. Read More

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Queen, Prince William visit tower fire area

Queen, Prince William visit tower fire area

Columnist and former Conservative lawmaker Matthew Parris said May's response to the fire had shown a lack of judgment, making her unsuitable to be prime minister. Mrs May met a group of victims, residents, volunteers and community leaders at a church close to the scene of the blaze, after earlier visiting survivors in hospital. Read More

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