Economy

LEGO Star Wars May the Fourth Build: Grand Admiral Thrawn's

For Star Wars fans, there's nothing more rewarding than meeting the actors who played the heroes (and even the villains) that they grew up loving. One thing it's unlikely to be is Star Wars: Reb...

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Emmanuel Macron team announces candidates for France's June parliamentary election

Emmanuel Macron team announces candidates for France's June parliamentary election

The 429 announced candidates, of whom more than half are new to politics and half are women, were a first indication of the direction of Macron's still fluid party, which the president-elect - himself...

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Analysts rated Weatherford International plc (WFT) as Buy

The shares were sold at an average price of $5.58, for a total value of $80,324.10. Part of the data in this report is derived from Zacks Research and FactSet. The company reported revenue of $1.65 ...

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The message isn't good as Snapchat owner's shares fall

The same period of past year reportedly had a net loss of $0.14 per share and $38.80 million in revenue. "The No. 1 question we receive about Snap is can it sustain its user growth and how big can...

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BOE warns of weaker incomes for years while UK adjusts to Brexit

BOE warns of weaker incomes for years while UK adjusts to Brexit

In particular, wage growth has been notably weaker than expected. The slowdown appears to be concentrated in consumer-facing sectors, partly reflecting the impact of sterling's past depreciation on ho...

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Big banks hit with levy, closer scrutiny

Deutsche Bank's team of economic analysts predicted the levy would push down margins and profitability but that "overall the levy has no material impact on the banks' fundamental profile". The share p...

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Wholesale prices up for April

Washington, DC, May 11, 2017-The Producer Price Index for final demand advanced 0.5% in April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. From a year earlier, consumer cost...

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JC Penney set to hit record low as department store woes continue

JC Penney set to hit record low as department store woes continue

Losses at J.C Penney doubled in the first quarter and sales at established stores fell again, capping a awful week for retailers. Hopes of a recovery at JC Penney (NYSE:JCP) were back on hold as t...

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James Comey Damaged The Credibility Of The FBI

The Senate's top Republican, Mitch McConnell, on Wednesday dismissed calls for a special prosecutor. Comey has not confirmed Trump's account. Acting Director of the Federal Bureau of Investigati...

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PM Nawaz, chief ministers leave for China

The Belt and Road Initiative, proposed by President Xi Jinping in 2013, has won support from more than 100 countries and global organizations, over 40 of whom have signed cooperation agreements with C...

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United flight delayed after scorpion reported aboard

United flight delayed after scorpion reported aboard

They eventually were put on a plane and departed for their destination. United changed planes and gave all the passengers a free meal coupon as compensation for the delay, which was about three-and-...

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Gordon Brown urges Labour vote - without mentioning Jeremy Corbyn

Asked about the Labour party's well-documented divisiveness over Mr Corbyn, Mr Kenny said: "Open and frank discussion in the Labour party is, I believe, healthy, but Jeremy has run two leadership elec...

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Pakistan PM Nawaz Sharif leaves for Beijing to attend Belt & Road summit

Pakistan PM Nawaz Sharif leaves for Beijing to attend Belt & Road summit

Minister Li Kexin did not reveal the name or title of the potential U.S. participant, but said it was "encouraging" news. It is probably an expression of the fact that those in Berlin and Brussels do ...

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Nigeria, others benefit as oil prices surge 3 per cent

Nigeria, others benefit as oil prices surge 3 per cent

Crude oil prices gained on Thursday as investors were buoyed by falling inventories in the United States and higher-than-expected supply cuts to Asia by Saudi Arabia. International Brent crude future...

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German economic growth speeds up

German economic growth speeds up

Germany's economy gathered momentum in the first quarter of 2017, growing 0.6 percent, in line with expectations, with increases in both foreign and domestic demand. In a report, Statistisches Bund...

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Prabhas declined brand endorsements worth Rs 18 crore for 'Baahubali'

Prabhas declined brand endorsements worth Rs 18 crore for 'Baahubali'

While most of the buzz after the release of the first film hinged on to "Why Kattappa killed Baahubali", Katappa himself received Rs 2 crore for his role. The film was made on an expensive budget of 2...

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No radiation reports after tunnel collapse at Hanford nuclear site

The mishap occurred atop one of two rail tunnels under a plant located in the middle of the Hanford site. The Department of Energy said "Secretary [Rick] Perry has been briefed on the incident [an...

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Collapsed tunnel sealed at US nuclear site after accident

Collapsed tunnel sealed at US nuclear site after accident

While the Department of Energy says no radiation has escaped from the damaged tunnel, Hanford has a long history of problems. Employees worked at the site overnight, preparing to fill the hole ins...

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Factory Growth Slows, Will We Still See A Rate Hike?

If the number of new jobs hits for the forecast 170,000 plus then a rate increase can be expected in six weeks time, at the next Fed meeting on June 13 and 14. The Australian dollar gained about 0.3 p...

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Bank of England: interest rates may need to rise before late 2019

Inflation is running above the BoE's target of 2 percent and is widely expected to hit 3 percent later this year, which has made some policymakers uneasy. If both members vote in favour of an increase...

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"Brexit for the many, not the few" promises UK's opposition leader

So if Britain wants to trade with Europe it has to choose a model, such as the Swiss, Norwegian or Canadian. "So my hope is to try to explain to people why Britain voted for Brexit and what kind...

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Warren Buffett Tells Value Investors To Resist The Temptation To Speculate

Buffett defended 3G Capital, its partner on purchases including Kraft Heinz Co KHC.O and an unsuccessful bid to merge it with Unilever NV ULVR.L UNc.AS , and which is known for slashing thousands of j...

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EU's Juncker: English language 'losing importance

European Commission President Jean-Claude Juncker has drawn laughs at a conference by announcing that he'd speak in French because "slowly but surely English is losing importance in Europe". "All of t...

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Trump just conceded he was lying about why he fired Comey

But Democrats question whether Trump removed Comey for conducting an investigation into Russian meddling in the 2016 USA election and Russian ties to Trump's presidential campaign. McCabe said at a ...

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Sprint, SoftBank start early deal talks over T-Mobile: BBG

Sprint, SoftBank start early deal talks over T-Mobile: BBG

Strong growth in the United States underpinned a solid start to the year for Deutsche Telecom, although net profit was down due to an impairment charge related to the company's stake in BT. Capital ex...

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Warren Buffett says coal won't make a comeback

According to FactSet, Berkshire Hathaway owns more than 9 percent of United Continental Holdings Inc., a stake worth almost $2.2 billion at Monday's closing share price of $74.98. Mr. Buffett did lavi...

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President Trump launches commission on 'election integrity'

Trump repeatedly has claimed, without evidence, that he would have won the popular vote in November's election if not for widespread, illegal voter fraud that helped Democrat Hillary Clinton pile up 2...

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Oil prices rise as Saudi Arabia may cut exports to Asia

Crude prices surged back above $47 to settle higher, as investors' jitters concerning rising levels of USA oil output eased, after the EIA revealed a bullish inventories report. Investing.com offers ...

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Man Group Plc (EMG) Given Outperform Rating at Credit Suisse Group AG

Therefore 50% are positive. Unique Fabricating had 4 analyst reports since July 27, 2015 according to SRatingsIntel. The firm earned "Equal-Weight" rating on Wednesday, December 14 by Morgan Stanley. ...

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Levy would reduce bank profits by 4.5%

Levy would reduce bank profits by 4.5%

Banks will have to pay 0.015% of their licensed entity liabilities each quarter, for a total levy of 0.06% a year. This levy would apply to about A$2.6tn in liabilities including senior bonds, cover...

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