Economy

NZ dollar drops as Fed statement leaves June rate hike in prospect

A reading above 50 indicates an expansion in manufacturing, which accounts for about 12 per cent of the USA economy. The final clincher will be the United States jobs data tomorrow night for April...

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Boeing, Airbus Have Chinese Rival

Boeing, Airbus Have Chinese Rival

It marks a major breakthrough of China's large passenger plane project and a major landmark in the development of China's civil aviation industry, the Communist Party of China (CPC) Central Committee ...

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Numis Securities Ltd Reiterates Add Rating for RPS Group plc (RPS)

Several other equities research analysts have also commented on the stock. Glencore has 14,250,323,000 shares in issue which have a share price of 281.8 giving Glencore a market capitalisation of 40...

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China agrees to open market to US beef, gas

China agrees to open market to US beef, gas

Foreign-owned firms in China will also be able to provide credit rating services . The U.S. involvement in Xi's so-called "One Belt, One Road" program suggests that Trump is attempting to improve...

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New Hamas chief backs hunger-striking prisoners

New Hamas chief backs hunger-striking prisoners

GAZA CITY, Palestinian Territories: Ismail Haniya's election as Hamas chief is another sign that the Islamist movement is seeking to soften its image and show it can offer a viable alternative to Mah...

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Turkey plays key role in Belt and Road Initiative: Erdogan

All feed a fundamental yearning among ordinary Chinese: to see their country's prestige and status rise. China has released a series of English language propaganda videos aimed at young children. "I...

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Comey infuriated Trump with refusal to preview Senate testimony: aides

The FBI had also recently issued subpoenas to force associates of Trump's former national security adviser Michael Flynn to testify before a grand jury. In his dismissal letter to Comey, Trump wr...

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U.S. rig count up eight this week, Utah the same

U.S. rig count up eight this week, Utah the same

The oil-rig count has climbed every week so far this year, except for one. That brought the nation's fleet of oil rigs up to 712, up from an all-time low of 316 almost a year ago. Oil breaks even at...

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Anthem gives up Cigna bid, vows to fight on over damages

Anthem gives up Cigna bid, vows to fight on over damages

Separate from the federal antitrust case, Anthem and Cigna sued one another in Delaware, and Anthem wanted Vice Chancellor J. Travis Laster, a judge on the Delaware Chancery Court, to issue an i...

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Michael Rosehill Buys 350000 Shares of Everyman Media Group PLC (EMAN) Stock

Analysts await Mastech Digital Inc (NYSEMKT:MHH) to report earnings on July, 26. They expect $0.74 earnings per share, up 2.78% or $0.02 from last year's $0.72 per share. The Massachusetts-based Excal...

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Microsoft Surface Laptop: A $999 take on a regular old laptop

Microsoft has unveiled a new version of Windows 10 called Windows 10 S. This is Microsoft's answer to Chrome OS, and the new streamlined version of Windows 10 is being targeted mainly at students. Mi...

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Hot Stocks To Watch: CenturyLink, Inc. (CTL), Macy's, Inc

Hot Stocks To Watch: CenturyLink, Inc. (CTL), Macy's, Inc

This represents an increase of 421% compared to the average daily volume of 3,300 call options. Hightower Advisors has invested 0.02% of its portfolio in Centurylink Inc (NYSE:CTL). now owns 54,900 ...

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SoftBank's Profit Zooms on Sprint Turnaround, Alibaba

SoftBank's Profit Zooms on Sprint Turnaround, Alibaba

The promised investment in the U.S.is supposed to come from the SoftBank Vision Fund, the $100 billion technology investment fund that Son has been trumpeting for months. SoftBank holds a 29.9 per ce...

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ACADIA Pharmaceuticals Inc. (ACAD) Stock Rating Reaffirmed by HC Wainwright

Pharmaceuticals posted earnings of ($0.63) per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 12.7%. It becomes significant when you consider how man...

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Saharanpur violence: 30 people arrested

Saharanpur violence: 30 people arrested

Shahi said that during the violence on Tuesday, rioters had torched one private auto, 11 motorcycles of journalists and the official vehicle of Deoband police station. SSP Dubey has said the district ...

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Trump prods Russian Federation to rein in Assad, Iran

Instead of focusing on bilateral relations, American media outlets wanted to talk about alleged Russian interference in the US election and the firing of FBI Director James Comey. Alexandr Scherbak, w...

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Analysts Concerns on: Energy Transfer Partners LP (NYSE:ETP)

Analysts Concerns on: Energy Transfer Partners LP (NYSE:ETP)

Over the long run, the price of a stock will generally go up in lock step with its earnings (assuming the P/E ratio is constant). About 1.79 million shares traded. (NYSE:EEP) dropped -2.65% to $17.27....

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Boeing resumes 737 MAX test flights

Boeing resumes 737 MAX test flights

Monty Oliver, Boeing's Vice President for European Sales also said the following: "Primera Air's commitment is a major endorsement of the 737 MAX 9 and its ability to serve new transatlantic markets"....

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India's UCO Bank says regulator begins "corrective action" over high bad loans

State-run Uco Bank has reported fourth quarter net loss of Rs 588 crore on account of lower income and poor asset quality, compared with Rs 1715 crore loss in the year ago period. It reported that its...

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Snap shares plummet as investors mark down first earnings report

The stock opened Thursday down nearly 23% to $17.70. The stock price is now just barely above Snap's initial offering price of $17. Snap Inc . pushed a first-quarter earnings revenue of $149.6 millio...

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DHS to brief airline reps, lawmakers as laptop ban expansion is considered

The original ban was put in place on fears that electronic devices could hide a bomb and be taken onto an airplane. Airports and airlines in Europe have already been working on plans for a possible ...

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USA mulling expansion of laptop flight ban to Europe

Passengers traveling with affected devices will be required to store them in their checked baggage. Photo Credit: A new electronics ban may be coming from the U.S. DHS Secretary John Kelly held a co...

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India PM arrives in Sri Lanka for UN Buddhist celebration

India PM arrives in Sri Lanka for UN Buddhist celebration

Modi will also visit the up-country region of Sri Lanka where he will inaugurate the Dickya Hospital that has been built with Indian assistance and will have an interaction with the Tamil community...

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What happened at the Justin Bieber concert

What happened at the Justin Bieber concert

The concert, which began at 4 pm, was hosted by Harry Potter actress Elarica Johnson. Bieber's India plan includes a visit to New Delhi , Agra and Jaipur. DJ Sartek, DJ Zaeden and Norwegian DJ Alan...

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Snapchat's parent company reports £1.7bn loss in first earnings report

Snapchat has 166 million. Instagram, Whatsapp and the main Facebook have all spent the past year studiously ripping off Snapchat's key features. The Instagram app recorded tremendous jump in its...

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Will General Electric Company (GE) Surpass The Expectations That Analysts Have Set?

Shares of General Electric Company (NYSE:GE) traded down 3.239% during trading on Thursday, reaching $27.935. Asset Management One Co. Royal Bank of Canada reissued an "outperform" rating and issued...

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South Korea President Wants to Limit US Sanctions on North

South Korea President Wants to Limit US Sanctions on North

Moon, South Korea's first liberal leader in a decade, faces a number of foreign policy challenges, including the threat from North Korea's nuclear and missile programs and frayed ties with China, its ...

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North Korea sends rare letter of protest over new U.S. sanctions

Moon and Trump may also disagree on the USA missile defense system THAAD. The last time that Han appeared to brief foreign diplomats in Pyongyang was last December, to present North Korea's response...

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United States Steel Corporation (X) and WAYFAIR INC

AK Steel Holding Corporation (AKS ) now trades with a market capitalization of $1.94 Billion. On the bright side, the company's share price has been on the rebound, up more than 136.78% since hitting ...

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Traders Watch List: IAMGOLD Corp. (IAG)

The number of shares now held by investors is 1.05 Billion. Relative strength index (RSI-14) for IAMGOLD Corp. 11/8/2016-TD Securities Upgrade from a "Hold " rating to a " Buy" rating. IAMGOLD Cor...

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