Money

Trump Expected To Restrict Trade, Travel With Cuba

CubaOne has asked to meet with the President to discuss U.S. -Cuba policy. Unconfirmed reports said the White House is thinking of reducing the number of visits to Cuba a person can make to one a year. He also said he does not want to see curbs on Cuban entrepreneurship or the USA more focused on Cuba sanctions than on sanctions against North Korea or Iran. Read More

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Glencore launches counterbid to acquire Rio Tinto's Australian coal unit

Glencore launches counterbid to acquire Rio Tinto's Australian coal unit

Interestingly, Glencore said it would stick to balance sheet conservatism by selling no less than $1.5bn "of other assets" or selling down its stake in C&A if acquired to as much as 50%. MC received an offer from Yancoal for it to purchase MC's interest in HVO for the amount of U$710 million and MC has now accepted this offer. That saw Glencore itself pushed to the edge of collapse before it could assure lenders and shareholders that it would not organise any more ill-advised deals ... Read More

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Trump's environment official skipping much of G7 summit

Trump's environment official skipping much of G7 summit

The statement is the latest indication of the growing gap between the US and other major world economies when it comes to the priority of confronting climate change and helping the world transition to cleaner forms of energy since US President Donald Trump said he planned to abandon the Paris Agreement on climate change on June 1. Read More

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Puerto Rico votes for statehood in nonbinding, low-turnout election

Puerto Rico votes for statehood in nonbinding, low-turnout election

Voters in the US territory of Puerto Rico approved a non-binding referendum to seek statehood. "The USA will have to obey the will of our people!" The U.S. "The boycott defeated statehood". Puerto Rico's attempt to restructure its debt, a bankruptcy-like proceeding tailor-made for its status as a territory, vastly outpaces similar municipal bankruptcies like Detroit's $18.5 billion Chapter 9 filing in 2013. Read More

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New York Times sources say Uber discussing leave for CEO

New York Times sources say Uber discussing leave for CEO

On the table at the board meeting Sunday, according to the Wall Street Journal , were the roles of two of the company's top executives: CEO Travis Kalanick and his right-hand man, Chief Business Officer Emil Michael . That is because there are so many venture capitalists and other investors who are clamoring to buy pieces of popular companies that entrepreneurs have had more leverage to demand favorable terms. Read More

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Asian stocks up as investors shrug off tech rout, eye Fed

Asian stocks up as investors shrug off tech rout, eye Fed

Most South-east Asian stock markets eked out gains on Tuesday as investors took a cautiously optimistic stance ahead of a US Federal Reserve policy meeting that could provide cue on the pace of rate hikes in the months to come. The Nasdaq composite dropped 37 points, or 0.6 percent, to 6,170. Investors will carefully scrutinise the central bank's latest projections, as well as the expectations from members of the rate-setting federal open market committee (FOMC) for further interest rate ... Read More

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GERMANY: Flight grounded over terror talk by 3 men

GERMANY: Flight grounded over terror talk by 3 men

Saturday. But the three men - all British citizens - were released after witness testimony about the conversation could not be verified, said police in Cologne, Germany. "We now believe that there was never any real danger", said police. The three men, aged 31, 38, and 48, were returning to Britain after a business trip to Slovenia. Read More

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Taliban denies involvement in Kabul blast, condemns attack

Taliban denies involvement in Kabul blast, condemns attack

Afghan officials say 64 people were killed and as many as 320 were wounded. The explosives were hidden in a tanker truck used to clean out septic systems, said Najib Danish, deputy spokesperson for the interior minister. "But they could help by supplementing training programs meant to enhance Afghan intel collection capacities, which have always been a deficiency in Afghanistan". Read More

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Uber fires 20 staff after sexual harassment probe

The company said the sackings related to allegations of sexual harassment , bullying and issues around a dysfunctional company culture. In February, former Uber engineer Susan Fowler wrote a blog post on her website that examined her encounters with sexual harassment and sabotage during her tenure with the ride-hailing giant. Read More

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Jaitley discusses resolution of NPAs with top bankers

Last month, the government promulgated an ordinance to amend the Banking Regulation Act, with an aim to expedite commercial decision making of banks, which will facilitate early resolution of stressed assets. The RBI also made substantial changes in the related norms and also warned banks of monetary penalty for missing NPA resolution timelines. "The resolution of bad loans should move forward soon". Read More

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Concepta PLC (CPT) Rating Reiterated by Beaufort Securities

Concepta PLC (CPT) Rating Reiterated by Beaufort Securities

Haitong Bank restated a "buy" rating and set a GBX 560 ($7.23) price objective on shares of BT Group plc in a research note on Thursday, January 5th. AstraZeneca PLC had 462 analyst reports since July 23, 2015 according to SRatingsIntel. 07/06/2016 - Tesco PLC had its "hold" rating reiterated by analysts at HSBC. The firm earned "Overweight" rating on Monday, February 29 by Barclays Capital. Read More

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United States forces backing Philippine troops against IS-linked militants

A Philippine flag is seen on a bulletproof vest of a soldier as he participates in a flag raising to mark Independence Day, as troops continue their assault against the insurgents from the Maute group in Marawi City June 12, 2017. Mr Duterte told reporters: "When I say crush them, you have to destroy everything including lives". The Philippine government paid tribute to them through a noontime salute on Independence Day, with their names and photos shown on television and read out ... Read More

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Schools advised to organise child labour awareness

Schools advised to organise child labour awareness

Recent figures released by the ILO showed that numerous world's 168 million children who suffer from one form of hazardous labour or the other live in conflict and disaster prone areas. The global body pleaded with the world leaders to provide maximum protection for the children against such hazardous condition. "And we need to do it together". Read More

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Qatar's ties with Iran and Islamist groups

Saudi Arabia, the United Arab Emirates and other Arab countries cut diplomatic as well as travel and trade ties with Qatar last week, accusing it of supporting Iran and funding Islamist groups . Five Iranian planes full of food and other supplies flew into Qatar on Saturday. U.S. President Donald Trump at first offered to host Qatar and its adversaries - all U.S. Read More

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If there are any Trump-Comey tapes, Congress wants them

Furthermore, he said, "Mr Comey has now finally confirmed publicly what he repeatedly told the President privately: The President was not under investigation as part of any probe into Russian interference". Kasowitz, who has been a personal lawyer to Trump for years, also explained the vindication claimed by Trump in the tweet . "No collusion, no obstruction, he's a leaker, but we want to get back to running our great country", the president said. Read More

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Top two aides to British PM May quit

Top two aides to British PM May quit

Davidson, one of the few Conservatives to emerge as a victor from the election after she increased the party's presence in Scotland, said she had demanded, and received, "categoric assurance " from May that the policy would not change. May will also need the support of the socially conservative, pro-Brexit Democratic Unionist Party (DUP) which won 10 seats in Northern Ireland. "I think her position is, in the long term, untenable", Conservative lawmaker Anna Soubry told Sky News. Read More

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German-Asian ties no snub to US: Angela Merkel

German-Asian ties no snub to US: Angela Merkel

His censure follows a volley of criticism from Germany after the president concluded his first official tour overseas on Sunday, returning from Saudi Arabia , Israel , Brussels and then Italy for a G7 summit. She said: 'The times when Europe could rely exclusively on others is somewhat in the past. His latest rant is likely to only fan the flames of anti-Trump feeling in Germany and its neighbors in the EU. Read More

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Taylor Swift / Katy Perry feud just got a lot more dirty

Six months later she struck a deal with Apple Music for her "1989" album after Apple bowed to pressure and agreed to pay artists during a free trial of its new streaming music service. Many Twitter users noted that the return of Swift's music coincides with the release of Katy Perry's Witness album. @GagaNewsShade wrote: "I always defended but today I realised, Taylor Swift is a REAL snake". Read More

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Analysts Consensus For Marks & Spencer Group (LON:MKS)

Arrow Global Group was downgraded to "Neutral" by analysts at Goldman Sachs. As per Monday, November 30, the company rating was downgraded by Bernstein. GBX 364.82's average target is 7.52% above currents GBX 339.3 stock price. Haitong Bank reissued an under review rating and set a GBX 445 ($5.72) price target (down from GBX 560 ($7.19)) on shares of BT Group plc in a report on Monday, January 30th. Read More

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Delcath Systems, Inc. (NASDAQ:DCTH) Soars32.70% Pre-Session

The net percent change held by Institutional Investors has seen a change of 321.71% in last three month period. Is It Worth the Risk? Analysts' mean recommendation for Colony NorthStar, Inc. Its shares have trimmed -99.67% since hitting a peak level of $6.49 on August 04, 2016. If we look at the Volatility of the company, Week Volatility is 30.52%, whereas Month Volatility is at 23.86%. Read More

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Oil seesaws after Qatar shunned by Arab neighbors over alleged terrorism links

Despite the rebound in oil prices, Kilduff said prices need to rise significantly higher to post a close that would signal oil bulls are in control of the market . The following counties have announced on Monday that they have cut their ties between Qatar which is now one of the top liquefied natural gas sellers in the world due to its support of extremism that affects the energy sector. Read More

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Infantino 'confident' in 2022 despite Qatar crisis

Infantino 'confident' in 2022 despite Qatar crisis

Infantino said he was confident that diplomatic relations will be restored by the time the tournament begins in around five years time, during an interview with Swiss newspaper Le Matin Dimanche . Saudi Arabia and Bahrain are also punishing those who are caught watching Al-Jazeera, serving them notices to heavy fines, as high as $2700 for commercial markets and residential areas and $2600 for hotels and tourist destination. Read More

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