Economy

South African President Jacob Zuma: Protesters racists

South Africa has recently got poor poor credit rating by Standard & Poor's and Fitch, an assessment that has sunk the value of rand by more than 10 percent against dollar. The president now retains the support of a ruling party facing an internal revolt against the president. Zuma has come under fire in recent days - including from within his ruling African National Congress (ANC) party - after he sacked the widely respected Gordhan. Read More

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Macron urges calm in wake of police shooting

REUTERS/Christian Hartmann Forensic experts investigate the crime scene after a fatal shooting in which a police officer was killed along with an attacker on the Champs Elysees avenue in Paris , France, Friday, April 21, 2017. ISIS has since claimed the attack, but the French authorities say they don't have a connection of the shooter to ISIS yet. The assailant was shot dead. Read More

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Aviva PLC (LON:AV) Issued With 'Sell' Rating At Berenberg Bank

Sphera Funds Management Ltd. owns 514,342 shares or 1.7% of their U.S. portfolio. (USA) shares while 2 reduced holdings. The Company offers support to the defense, energy, emergency services, transport and education sectors. Tocqueville Asset Management Lp owns 118,766 shares or 0.16% of their USA portfolio. Moreover, Jpmorgan Chase & Company has 0.01% invested in Anglo American plc (LON:AAL) for 581,540 shares. Read More

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Trump says he will release tax changes package next week

Treasury Department as he signed executive orders calling for a rexamination of Obama-era regulations. "This regulatory reduction is a first step toward a tax reform that reduces rates, provides relief to our middle class, and lowers our business tax, which is one of the highest in the world and has stopped us from so much wealth and productivity", Trump said. Read More

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ABC EXCLUSIVE: Man who found missing Tennesee teenager describes "clues"

Lopey tells the Associated Press that she did not exhibit any anger toward her teacher. He said the two were staying in the cabin and doing work for a land caretaker in exchange for food and fuel. When school officials investigated the incident, it emerged that Cummins viewed himself as something of a father figure to Thomas. Elizabeth said Cummins possibly held both of her hands around the wrist area and may have been close to her face at the time, asking her to calm down. Read More

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Oil Falls to One-Week Low

Oil Falls to One-Week Low

USA crude stocks fell last week as refineries hiked output, but gasoline supplies, which are already seasonally high, surprisingly increased, the Energy Information Administration said on Wednesday. "With questions hanging over US gasoline demand, any further product builds will act as a brake on the oil price recovery", he said. Citigroup's analysts had estimated in February that oil prices would rise to $70 a barrel this year as supply and demand levels continued to rebalance, CNBC ... Read More

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Why Philip Morris Earnings Went Up in Smoke

Why Philip Morris Earnings Went Up in Smoke

Analysts had projected $1.03 on average. (NYSE:PM). Clear Harbor Asset Management Ltd Liability Company invested 0.07% of its portfolio in Philip Morris International Inc. Comparatively, ABBV posted earnings of $1.46 per share in the same quarter, a year earlier. Philip Morris International had a negative return on equity of 64.94% and a net margin of 9.30%. Read More

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Bernie Sanders kicks off cross-country tour, wants change

A Democratic Party that rails against the corporate elite and the politicians they buy off, that tackles kitchen-table issues like income inequality and wages, that relinquishes the venomous identity politics that's done so much to damage progressives, could not only be competitive against Trump but peel off some of his hardhat voters in states like MI and Wisconsin that Democrats desperately need to win back. Read More

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Jenson Button to replace Fernando Alonso in Monaco Grand Prix

Jenson Button to replace Fernando Alonso in Monaco Grand Prix

McLaren have refused to be drawn on whether Button will be called out of retirement, just six months after he stopped racing in Formula One, but there are few other serious options available to the team. Alonso, however, is realistic enough to know that, under better circumstances, he would have been racing in Monaco. However, Nico Hulkenberg contested the fabled Le Mans race two years ago while an active F1 driver. Read More

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Chinese bombers on high alert over North Korean situation

Chinese bombers on high alert over North Korean situation

China's Defence Ministry said its forces on the border with North Korea were maintaining a state of normal combat preparedness and training. US and South Korean officials have been saying for weeks that the North could soon stage another nuclear test in violation of United Nations sanctions, something both the United States and China have warned against. Read More

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Lawyer for Odin Lloyd's family calls on Patriots to pay damages

Earlier in the week, Hernandez hanged himself in prison. Those cryptic details emerged Thursday as authorities ruled Hernandez's death a suicide and turned his body over to a funeral home so his family could lay him to rest. That same Ernest Wallace is now serving a 4.5 to 7 year sentence for aiding Hernandez in getting rid of the murder weapon that killed Odin Lloyd . Read More

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United Air passenger says scorpion bit him on flight from Texas

United, which is undertaking an audit of its practices, already amended some policies, saying it will require employees to be booked at least 60 minutes prior to departure. The passenger who was roughed up, Dr. David Dao, is weighing legal action against United, his attorney said this week. United said on Friday it was changing its policy on booking its flight crews onto its own planes. Read More

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Paris attack: Prosecutors investigate gunman's terror links after shooting

Meanwhile, France is just days away from the first round of voting in Sunday's presidential election . President Donald Trump responded to reports of a shooting Thursday in Paris by saying it looked like a terrorist attack. The gunman who killed a French cop on the Champs-Elysees in Paris had served time for armed assaults on law enforcement authorities - and was detained this year for threatening police, then freed, police sources said Friday. Read More

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No one to be fired over forcible removal of passenger

Munoz reiterated that United will make policy changes, including not using law enforcement to take passengers off a flight unless there is a security issue and requiring that crews be booked at least an hour before takeoff. Mr Munoz declined to address that or other possible changes until the airline finishes a review by April 30. After the incident triggered worldwide outrage, United Chief Executive Oscar Munoz apologized to Dao, his family and its customers, saying the carrier would no ... Read More

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GE revenue falls 1 percent

RBC Capital Markets cut shares of Empire District Electric from a "sector perform" rating to an "underperform" rating and dropped their target price for the company from $18.00 to $16.00 in a research report on Tuesday, December 20th. William Blair restated a buy rating on shares of General Electric Company in a research note on Saturday, April 1st. "COPYRIGHT VIOLATION WARNING: "[[title]]" was originally posted by [[site]] and is the property of of [[site]]. Read More

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Chevron loses appeal against $260 million Australia tax bill

Chevron loses appeal against $260 million Australia tax bill

In the case of Chevron's loan, the Australian unit of the company reduced its tax burden and the shell company in the U.S. made good profit on the difference in interest rates, but it paid no taxes in the U.S. At issue in the case was whether a loan to Chevron's Australian arm was deemed arms length. Mr Ward said the decision "should have immediate implications" for Chevron's much larger $42 billion loan, to fund development of its north west shelf gas facilities, which involved a ... Read More

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United Airlines changes policy after dragging man from flight

United Airlines is changing a company policy and will no longer allow crew members to displace customers already on board and airplane. We are deeply concerned by the recent incident aboard Flight 3411 in which a United Airlines passenger was forcibly removed from a flight from Chicago, Illinois, to Louisville, Kentucky, to instead accommodate United Airlines personnel. Read More

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Ontario sets tax on foreign buyers to cool housing market

Home sales plunged and price growth stalled for months in Vancouver following the B.C. government's introduction of a 15 per cent tax on foreign buyers last August. "What we're aiming to do is to bring in some initiatives that will help people in that whole continuum of housing right from rental through to purchasing a home without having unintended consequences", she said in Ottawa. Read More

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Jose Mourinho and Gareth Southgate on collision course over Marcus Rashford

Anderlecht were impressive throughout the match but United were the more forceful side as the game wore on and were good value for the win in the end. "We keep trying", Mourinho added. "Some people don't understand what makes me trust players, but I trust Marcus". Mourinho's only fit center back is Eric Bailly, although Daley Blind - usually a left back - can move inside and 19-year-old Axel Tuanzebe could also be promoted to the first team. Read More

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FOX News Gives Bill O'Reilly His Walking Papers…Finally

Perquita Burgess came forward on " The View " this morning (April 20) to detail her claims of sexual and racial harassment against O'Reilly, who was sacked on Wednesday amid multiple sexual harassment allegations. " This was a way of life for them - powerful men with a lot of money who would proposition women, take advantage of them", she said. According to Politico's Joe Pompeo who saw an April 18 email exchange between O'Reilly and his representatives, O'Reilly is said to have wrote, ... Read More

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Woman who says O'Reilly called her 'hot chocolate' speaks out

Woman who says O'Reilly called her 'hot chocolate' speaks out

After years of women accusing O'Reilly of sexual harassment - an after spending $13 million in settlements to those women - Fox News finally fired the host of "The O'Reilly Factor". O'Reilly has chose to fight back after getting fired and he slammed the network, saying that: "It is tremendously disheartening that we part ways due to completely unfounded claims". Read More

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San Francisco power outage snarls traffic shuts rail station

San Francisco power outage snarls traffic shuts rail station

An alert from the city's public transit agency advised commuters to take buses to their destinations downtown. The Montgomery Bay Area Rapid Transit station is dark following a power outage Friday, April 21, 2017 , in San Francisco . The electricity went out on a sunny spring day, and some people posted memes about being let off work and playing in the sunshine. His team had been ready to send out a finished project Friday, one they'd been working on for six months, after some had pulled ... Read More

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Aus visa move unlikely to impact Indian IT workers: Nasscom

Aus visa move unlikely to impact Indian IT workers: Nasscom

Now that he is in power, Trump wants to review the whole H-1B programme and promote local hiring to reduce the unemployment. It will now be replaced by another visa programme with new restrictions. While assistant USTR Mark Linscott headed the USA delegation for the talks on April 18, the Indian side was led by additional secretary in the commerce ministry, Anup Wadhawan. Read More

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EBay Inc. Delivers Another Solid Quarter

EBay Inc. Delivers Another Solid Quarter

It is expecting revenue to be between $9.30 billion and $9.50 billion, with earnings per share ranging from $1.98 to $2.03. Second quarter 2017 - The Company anticipates net revenue between $2.28B and $2.32B, representing FX-Neutral growth of 5% - 7%, with non-GAAP earnings per diluted share from continuing operations in the range of $0.43 - $0.45 and GAAP earnings per diluted share from continuing operations in the range of $0.20 - $0.40. Read More

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Tesla Proactively Recalling S, X Models

Tesla Proactively Recalling S, X Models

Baird reissued an outperform rating and set a $368.00 price objective on shares of Tesla in a research report on Tuesday, April 4th. Tesla TSLA, +0.14% could be planning to sell its trucks without a battery and offer battery swapping to trucking companies as a service, the analysts said. Read More

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