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HSBC and ING Bank Announce Blockchain First

The company believes that its success in performing the transaction is a positive sign that blockchain can possibly be used for financing trade. "At the moment, buyers and suppliers use a letter of credit, typically concluded by physically transferring paper documents, to underpin transactions", Vivek Ramachandran , global head of innovation and growth at HSBC's commercial banking unit told Reuters .

Business

Asiana plane has collision in Istanbul Airport

Tourist Kaarina Barron, 55, from Woodley, Berkshire, and friend Clare Chambers were seated near the back of the plane after a holiday in northern Cyprus. An investigation has begun after an Asiana Airlines Airbus A330-300's wing collided with the tail of a Turkish Airlines A321 while taxiing at Istanbul Airport on May 13, causing substantial damage to the parked aircraft.

Business

Seattle council to tax Amazon and other big companies to fight homelessness

A larger tax had been proposed and passed at committee stage on Friday by a close vote to charge $500 per full-time worker each year to raise about $75 million. Other cities have implemented similar taxes, but critics say Seattle's tax could threaten the booming local economy and drive away jobs . A point-in-time count a year ago tallied more than 11,600 homeless people in King County.

Business

55 killed in border clashes as U.S. opens Jerusalem embassy

He says the United States can no longer be considered a neutral broker in on-off Israeli-Palestinian peace talks and cannot have any future role. " Jerusalem must remain a city that brings people of all faiths together", said Kushner, also praising Isreal's human rights record and values, saying they are "the same values that the USA cherishes".

Business

Trump meets auto executives to discuss fuel standards

Mr. Trump said during the meeting in the Roosevelt Room of the White House that he wanted to discuss the "manufacturing of millions of more cars within the United States, for MI, for OH, for Pennsylvania" and states like SC and North Carolina.

Business

Liberum Capital Reiterates "Buy" Rating for Marston's Brewery (LON:MARS)

About shares traded. Getinge AB (OTCMKTS:GNGBF) has 0.00% since May 14, 2017 and is. Marriott International, Inc. (NASDAQ:MAR) has risen 45.53% since May 14, 2017 and is uptrending. Morgan Stanley upgraded the shares of ZPG in report on Tuesday, February 20 to "Overweight" rating. On Tuesday, May 1 the rating was maintained by Credit Suisse with "Underperform".

Business

Iran Upbeat About Oil Exports Despite Sanction Threat

That is up 27 per cent since mid-2016 and means that USA output is creeping ever closer to that of top producer Russian Federation, which pumps about 11 million bpd. Germany's minister for economic affairs, Peter Altmaier, said on Sunday that Berlin would try to "persuade the USA government to change its behavior".

Business

Netflix snags Guillermo del Toro horror anthology series

Called " Guillermo del Toro Presents 10 After Midnight ", the show is now set to release "soon" according to Netflix's announcement this morning. This is del Toro's second collaboration with Netflix. We don't have word about a potential release date or when production will get underway to film the new anthology series, but as soon as we get more news and updates, we'll be sure to pass that information as long as soon as possible.

Business

Bolton: US Could Sanction European Companies Doing Business With Iran

European Union foreign policy chief Federica Mogherini said pulling out of the Iran nuclear deal was not a decision that could be taken exclusively by the U.S. Such countries, alongside the European institutions, are now battling to keep the agreement in place, even without the U.S . "This deal is not a bilateral treaty.

Business

CBS Sues Controlling Shareholder Redstone Over Proposed Viacom Deal

CBS went on to accuse Redstone of interfering with the CBS board nomination process, of acting to undermine CBS' "highly lauded and successful management team in a series of escalating attacks", and blocking another unnamed acquisition partner from pursuing a deal with CBS .

Business

Apple CEO Tim Cook Praises Parkland Survivors at Duke Commencement

Collecting as little of your data as possible, being thoughtful and respectful when it is in our care. "I wouldn't be in this situation", Cook said during a town hall discussion back in March. In many ways, Cook's address was similar to Steve Jobs' now-famous commencement speech at Stanford University from 2005 titled "How to live before you die".

Business

Fed Said to Put Wells Fargo Remediation Plan to Public Board Vote

The stock underperformed the S&P 500 by 19.30%. About 8.01M shares traded. Its up 11.94% from 1.37M shares previously. With 6,200 avg volume, 74 days are for ST JAMES PLACE CAPITAL PLC ORDINARY SHAR (OTCMKTS:STJPF)'s short sellers to cover STJPF's short positions.

Business

Shock findings in mental health survey

The number of referrals to mental health services in Herts and Cambs is on the rise. In this context, "education settings" encompasses local authority maintained schools, academies, nurseries, independent schools and providers, and pupil referral units.

Business

Jim Fossel: Trump puts Iran, North Korea on notice

He wants European companies to be able to continue trade with Iran despite US President Donald Trump's decision this week to re-impose sanctions. Statements made just recently by Netanyahu and other government and defense officials suggest the Israeli response to such an attack will be harsh.

Business

Facebook suspends 200 apps over data misuse

The investigation was launched as a result of the Cambridge Analytica scandal earlier this year , which saw a researcher's app garner the information of tens of millions of Facebook users without their consent. The company said teams of internal and external experts will conduct interviews and lead on-site inspections of certain apps during its ongoing audit.

Business

Gas prices are up again

Crude oil prices continued to move up this week following President Donald Trump's decision to re-impose economic sanctions on Iran and withdraw the US from the Iran Nuclear Deal. Huntsville- $2.57, up 0.9 cents per gallon from last week's $2.56. This time previous year, a gallon of regular was priced at an average of $2.32 per gallon in Colorado.

Business

Oil steady near multi-year highs as USA drilling rises

Improving conditions for shale-derived oil and gas pushed total United States capacity past the 10m bbl/day mark in November last year, with the country expected to account for 1.5m bbl/day of the projected 1.7 m bbl/day supply growth from non-OPEC producers this year.

Business

United booted Nigerian woman from plane over 'pungent' odor complaint: suit

Obioma saw that the other passenger had sat in her assigned seat in the business-class cabin, according to the lawsuit, which was filed Friday in federal court in Houston. Her mind went blank and she was utterly befuddled'. Obioma tried to explain that her children had important school-related appointments that they could not miss but she was refused re-entry into the plane.

Business

Xerox terminates merger agreement with Fujifilm

Icahn and Deason have opposed the Fujifilm transaction from the start. Both praised Xerox's decision to pull out of the deal. The deal would leave Fujifilm holding 50.1% of Fuji Xerox, with Xerox shareholders owning the rest. Robert J. Keegan, Charles Prince, Ann N. Reese, William Curt Hunter, and Stephen H. Rusckowski have all resigned from the Board of Directors of Xerox.

Business

Flipkart Sold 77% Stake to Walmart for $16 Billion

Earlier in April, Softbank had pumped in $400 million , while about $45 million came from Alibaba. This investment, according to an ET report is subject to Softbank being freed from a restrictive clause that does not allow it to invest over $500 million in Paytm Mall , until 2020.

Business

Post Karnataka elections fuel prices hiked to record high levels

According to Indian Oil website, petrol prices on Monday are at Rs 74.8 per litre in Delhi , Rs 77.5 per litre in Kolkata, Rs 82.65 per litre in Mumbai and Rs 77.61 per litre in Chennai. The oil firms had kept the rates unchanged since April 24 till Karnataka went to polls on May 12. The sanctions have been renewed on Iran at a time come when the supply is already down considering high demand and output restraint by the Organization of the Petroleum Exporting Countries (OPEC) for pushing ...

Business

Chili's says some restaurants hit by data breach

It has not yet confirmed how many people have been impacted, but the company said in a statement that it believes the breach was limited between March and April 2018. Personal information such as social security number, full date of birth, or federal or state identification number was not collected. The company says only "certain" locations were affected.

Business

Saudi ready to raise oil supply after United States pullout from Iran deal

Japan and South Korea will likely work to wind down Iranian crude imports to comply with USA sanctions. Senior administration figures insisted that Washington is still determined to work with its humiliated allies to prevent Iran from developing a nuclear bomb.

Business

ADNOC To Invest $45 Billion In Downstream

ADNOC wants to expand its downstream portfolio in markets where demand for oil is still growing, such as China and India, securing a new outlet for its crude. Indian energy consumption is expected to more than double by 2040, accounting for 25 percent of the rise in global energy, and the largest absolute growth in oil consumption.

Business

President Energy Plc (LON:PPC) Rating Changes as of May 11, 2018

Petrofac Limited (LON:PFC) has 0.00% since May 11, 2017 and is. Greenleaf has invested 0.01% in Trifast plc (LON:TRI). The company was downgraded on Tuesday, March 6 by CLSA. The stock has "Buy" rating by Berenberg on Tuesday, March 20. The firm earned "Buy" rating on Thursday, January 11 by Liberum Capital. As per Monday, December 11, the company rating was maintained by FinnCap.

Business

Cullen highlights contrast between Leinster and Champions Cup final opponents

His absence will undoubtedly make their task harder although they still have a squad full of internationals including World Cup victor Dan Carter in his final season at the club. I think we could have won. With sevens convert Virimi Vakatawa at outside centre, Racing pose a significant threat out wide and Leinster senior coach Stuart Lancaster is wary of their individual ability.

Business

India's Union Bank sees improvement after $384 mln Q4 loss

The bank had posted a net profit of Rs 111.16 crore in the corresponding quarter of previous year. In full year 2017-18, total income stood at Rs 48,194.94 crore against Rs 48,942.04 crore in preceding year, the bank said. State-run Union Bank of India Ltd reported on Thursday a 25.83 billion-rupee ($383.8 million) net loss for its fourth quarter, as bad loans surged following stricter central bank rules.

Business

London house prices to continue to fall in 2018

Interestingly, London was one of those four areas, where a net balance of +10 per cent of contributors cited an increase (the first positive reading in over twelve months). Near term sales expectations point to a broadly flat picture and at the 12 month horizon. The RICS survey showed that declines were most pronounced in the capital and the south-east, while prices picked up in Scotland and Northern Ireland.

Business

Mnuchin: Boeing's sales licenses to Iran will be revoked

Meanwhile, the United States government tried to further pinch Iran's finances by disrupting a currency exchange network allegedly used to transfer millions of dollars to Iran's Revolutionary Guard. Other nations that do business with Iran also could face USA sanctions. The country has been leading efforts since 2017 to withhold production to prop up prices.

Business

Were Analysts Bullish Carclo plc (LON:CAR) This Week?

The institutional investors in our database now own: 16.91 million shares, up from 16.23 million shares in 2017Q3. Saba Management L P reported 0.07% stake. The company was maintained on Friday, November 24 by Peel Hunt. On Thursday, January 4 the firm earned "Buy" rating by Peel Hunt. JPMorgan Chase increased their price target on Compass Group from GBX 1,745 ($23.67) to GBX 1,785 ($24.21) and gave the company an "overweight" rating in a research report on Friday, January 12th.

Business

Trump talked about the relationship with Kim Jong

Pompeo returned overnight with three captive Americans during his most recent trip. North Korean state-run media on Thursday also reported in detail North Korean leader Kim's meeting with Pompeo the previous day in a highly conciliatory tone toward the United States, which it has often portrayed as a hostile enemy in state propaganda.

Business

Both sides of the Patricia de Lille divide protest outside court

It was quiet in front of the high court in Cape Town on Friday ahead of former Cape Town Mayor Patricia De Lille's bid to interdict the DA from appointing a new mayor. Her legal team reportedly wants the court to stop the Cape Town city manager from telling the Independent Electoral Commission (IEC) that there is a vacancy in the council.

Business

Bitcoin Resilient Following South Korean Exchange Raid

What is now known is that local mainstream media outlets have reported that a joint action between the Korean Financial Intelligence Unit (KIU), the Financial Services Commission, and Seoul Police, has resulted in the raid of Upbit's offices.

Business

Express Scripts (ESRX) Holder Check Capital Management INC Has Lifted Holding

This organization's stock showed a trading volume of 5 million shares, compared to its average daily volume of 5.12M shares. It has underperformed by 2.62% the S&P500. If you are going to be trading the stock, you want to ensure volume is healthy so you are not stuck in a position. Also Seekingalpha.com published the news titled: "Investment Returns Are Not Linear" on May 02, 2018.

Business

Hero Southwest Airlines pilot wasn't supposed to be on doomed flight

Navy, mentioned within the 20/20 interview - her first because the terrifying ordeal. The 56-year-old US Navy veteran's husband Dean, also a Southwest pilot, was originally supposed to be the captain on Flight 1380 from NY to Dallas that day.


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