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Chinese eye two more new United Kingdom nuclear plants after Hinkley go-ahead

Chinese state media on Thursday welcomed Britain's approval for the Hinkley Point nuclear plant but attacked "China-phobia" in London, after new conditions were attached to the mammoth project. A group opposed to Hinkley, and Greenpeace, delivered a 300,000-name petition to Downing Street calling for the project to be scrapped, shortly after the go-ahead was announced.

Business

Comprehensive Stock Analysis of: Nokia Corporation (NYSE:NOK)

The stock's market capitalization is 25.90B. The technical analysis of Mercury General Corporation Com proves that the 50-day moving average of Mercury General Corporation Com is $53.62, and stock is trading $0.06 points away or +0.11% from 50-day moving average of $53.62.

Business

Small vehicle production heads to Mexico, and suppliers follow

Ford's efforts to take a lead role in self driving and electric cars looks similar to those of many other auto companies and additionally non-car firms which would like to move into these markets. Germany is where many high-performance vehicles are manufactured, including the Mercedes line and Volkswagen . The changes are expected to be completed by early 2018.

Business

Bill Clinton says wife is doing great

We don't need to feed the road rage. "The Clinton Foundation's lack of disclosure surrounding this high-dollar event is deeply troubling and makes a mockery of Bill Clinton's claim that the foundation is 'as transparent as we can be, '" Miller said.

Business

Syrian military begins to withdraw from vital Aleppo road

For the last three days, officials have said residents want freedom, not food. The cease-fire began at sundown Monday, to coincide with the Muslim holiday Eid al-Adha and has largely held, with no reports of civilian deaths in the first 48 hours.

Business

Bayer Clinches Monsanto Takeover for $66B

Bayer AG, the company that invested aspirin and once trademarked "Heroin" as a cough medicine, wooed Monsanto's board with a $US66 billion ($88 billion) offer on Wednesday night Australian time. "The overlaps are minimal", Grant told reporters on a conference call. The deal is expected to close by the end of 2017, pending regulatory approvals.

Business

Tesla Autopilot promises better safety

The key update for Autopilot 8.0 will shift the primary sensors from cameras to radar to help the electric cars "see" better, Tesla (TSLA) said in a statement. He was killed when using the hands-free feature in Florida, when his Tesla Model S collided with a truck's trailer. It can be recalled that last 2014, Tesla vehicles were equipped with the radar in its Autopilot feature, to support the camera and image processor.

Business

Clinton back on campaign trail after taking time off

Clinton left a 9/11 memorial service in NY on Sunday, stumbling and being supported by others as she entered her auto. The report came as Clinton hits the campaign trail once again after trying to put aside a badly handled health scare that rattled her bid for the United States presidency.

Business

Bernard Tomic to follow Nick Kyrgios' footsteps and reduce 2017 ATP schedule

Kyrgios had been under a fitness cloud after a hip injury cut short his US Open campaign in NY, but the world No.15 says he's ready to go on what will be his first Davis Cup tie since last year's quarter-final win over Kazakhstan in Darwin.

Business

Denver airport ramp closed due to suspicious package

A Denver police bomb squad has determined that a suspicious package found at Denver International Airport is not unsafe, and airport officials have reopened a level 6 ticketing area that was closed for about an hour Thursday. "The plane landed safely, and we are now working on getting customers rebooked". It took off in Newark and was scheduled to fly to San Diego, but the pilot chose to divert out of "an abundance of caution", according to the airline.

Business

Ford CEO Mark Fields: Small-Car Production Moving to Mexico

Trump also criticized Ford Wednesday after Fields told Wall Street investors that the automaker would move all small auto production to Mexico over the next two to three years. The company wants to move the production to Mexico within the next two to three years. A major issue which might get even further on Donald Trump's nerves is the fact that Uber's self-driving cars are the Ford Focus, and if they go mainstream, that could be a lot of money going to Ford Motors in Mexico for ...

Business

Ex-convict behind bars in shooting of corrections officers

Authorities said officers from the secured areas inside the jail ran to the lobby, where a lieutenant fired shots at the gunman, identified as 37-year-old Thong Vang, who was taken into custody. Two unarmed officers were critically injured after being shot by a visitor in the lobby of a central California jail, authorities said Saturday. Davila, who is reportedly in critical but stable condition, and Scanlan, who is in critical condition, obtained wounds to their heads and necks, and both ...

Business

Wall Street flat with energy stocks weaker

Chipmaker Skyworks Solutions SWKS.O jumped 6.2 percent and was the top percentage gainer on the benchmark S&P index. US stocks have swung wildly since Friday on contrasting comments from Federal Reserve officials on whether the central bank would raise interest rates at its September 20-21 meeting.

Business

Authorities in Rhode Island search for suspected cop killer

Fenner has outstanding warrants for robbery and kidnapping out of North Carolina. The officer was rushed to Carolinas Medical Center in Charlotte but died on Monday. Fenner will then be arraigned as a fugitive from justice after he is questioned. Fenner was ordered held without bail at her arraignment Wednesday morning in First District Court in Hempstead.

Business

Extreme drought expands in MA

According to Mayor Dean Mazzarella, the City of Leominster has issued a mandatory water ban effective Monday, Sept. 12. "The lack of rain obviously caused the extreme drought area to expand in the last week", he said. A Drought Warning, as outlined in the Massachusetts Drought Management Plan, indicates consecutive months of groundwater, stream flow and reservoir levels being below normal, and initiates a much more concerted set of government responses including instating water ...

Business

Doctor's letter: Trump in 'excellent' health, takes cholesterol medication

The issue of presidential health surged into the centre of the U.S. political media circus in the last week in the wake of Hillary Clinton's disclosure that she was suffering from pneumonia. His Body Mass Index is 29.5 which is considered overweight . Oz ran through the letter during the interview and did not say much of note about the results from the physical.

Business

Theresa May refuses to commit to Brexit pledges on immigration and NHS

It is not about the Norway model or the Swiss model or any other country's model - it is about developing our own United Kingdom model". "We will not take decisions until we are ready, we will not reveal our hand prematurely and we will not deliver a running commentary on every twist and turn", she said.

Business

EU's Juncker promises tougher controls on external borders

Where are the member states negotiating for a peace settlement?" The commission said it wants to address the concerns of artists who see the value of their work plummet once it appears on-line for free. Juncker presented a gloomy picture of the tensions and divisions within the bloc, but said the EU would withstand the pressures created by the U.K.'s Brexit vote in June.

Business

Ford 2017 results likely to take hit from investment in new technology

Ford expects that its 2017 profit will fall below the $10.2 billion estimated for this year due to spending on emerging new mobility opportunities and potentially higher material costs, executives told analysts and investors Wednesday. "Mr. Trump, I invited you here to thank us for what we've done in Flint, not give a political speech", she said. CEO Mark Fields also says the automaker is committing $4.5 billion to develop more than a dozen new electrified models by 2020.

Business

Dakota Access halted by USA government

Supporters of the No Dakota Access Pipeline movement lined the Higgens St. bridge today. The statement went on to say "The Army will not authorize constructing the Dakota Access pipeline on Corps land bordering or under Lake Oahe until it can determine whether it will need to reconsider any of its previous decisions regarding the Lake Oahe site under the National Environmental Policy Act (NEPA) or other federal laws".

Business

Ford moving small-car production to Mexico

Mark Fields , the CEO of Ford Motors declared that the migration is because the company is looking forward to cutting the production costs. Ford's Michigan Assembly Plant, which now makes small cars will be getting new products under a contract signed previous year with the United Auto Workers.

Business

Law Passed in U.S. to Prevent Another Berkeley Tragedy

Jerry Hill, D-San Mateo, and Sen. The bill was authored by Senators Jerry Hill and Loni Hancock. The Berkeley tragedy was not an isolated incident, she said, citing other cases in California and around the country, including the collapse of two back porches that injured 31 students at Trinity College in CT on Saturday.

Business

Reliance Jio 90 Days UNLIMITED Preview offer now available for Apple iPhone

Along with that, he unveiled the tariff plans for the service. A note by J P Morgan said the competitive environment for Jio would be "intense", despite the company offering free voice. People thronged in large numbers outside Reliance Digital, Digital Xpress and mini stores to get the Jio 4G SIM. It was announced that Jio will charge just Rs.

Business

Federal order forbids Samsung Galaxy Note 7 use on planes

US officials say about 97 percent of Note 7s sold in the USA are affected. Of those 1 million potentially risky phones sold to consumers, Samsung has received a total of 92 reports of batteries overheating, just in the United States alone.

Business

Hillary Clinton: We will release more medical records 'very shortly'

The CBS News/New York Times survey found Clinton had just a two-point edge (46 to 44 percent) over her Republican rival in a two-way matchup among likely voters. Clinton and Trump alike will be hoping to score points with undecided voters through a show of greater transparency on their health. The Clinton campaign's handling of her pneumonia underscored her penchant for privacy, something that has contributed to the public's lack of trust in the former secretary of state.

Business

How the Dow Jones industrial average fared on Wednesday

Movers and shakers: Shares of Aerie Pharmaceuticals Inc.(AERI) soared 57% in thin premarket trade after the drug discovery company's treatment for lowering fluid pressure inside the eyeball yielded promising results (http://www.marketwatch.com/story/aerie-pharma-shares-jump-more-than-60-on-eye-drug-study-results-2016-09-14).

Business

Britain confirms Hinkley nuclear project with new agreement

The Hinkley Point C project has been criticised for its expenses - it's the most expensive energy project in Europe - as well as for its Chinese involvement. France's EDF will pay for two-thirds of the £18 billion project, with China General Nuclear paying one-third. Another render of Hinkley Point C, from above.

Business

UK PM gives green signal to Hinkley Point nuclear power station

Assuming construction of Hinkley Point C now goes ahead, it should be operational in about 10 years (so, about 30 years after the last reactor went critical at Sizewell B). A group opposed to Hinkley, and Greenpeace, delivered a 300,000-name petition to Downing Street calling for the project to be scrapped, shortly after the go-ahead was announced.

Business

Oil rises on draw in United States crude stocks

At the same time, however, the U.S. DoE reported a larger than anticipated increase in oil product inventory for things like gasoline and heating oil. This allows them to boost output in an already oversupplied market. The move is the latest in a series of initiatives to reopen the ports that in December 2014 were placed under force majeure, a legal term allowing producers to walk away from contractual commitments.

Business

Key measure of household debt compared with income climbed in second quarter

The ratio of household debt to gross domestic product rose to 100.54 per cent in the quarter, up from 98.7 per cent in the previous quarter. Canadians' debt grew slightly more than their net worth. The Bank of Canada has flagged the high level of debt as a potential vulnerability for the financial system. Foreign speculators, especially from China, have added fuel to the fire of rising home prices in the Great White North.

Business

IMF approves $1B loan to Ukraine after yearlong delay

Ukraine's economy has suffered a deep decline after two years of war with Russia-backed separatists in the east, where most of its industries are located. "Creating a level-playing field and ensuring equal application of the rule of law is essential to raise investment". The IMF's funds are expected to be transferred to the accounts of the Ukrainian government in the coming days, Churiy said, noting that Kiev will use the long-awaited aid package to replenish its foreign exchange reserves.

Business

Republican deal averts vote on impeaching head of IRS

He has strongly denied any wrongdoing, and his lawyers wrote in a September 8 letter to Judiciary Committee leaders that he would be willing to appear before the panel and answer questions under oath. Huelskamp recently lost his bid for renomination and will leave Congress in January, and he has been critical of House GOP leaders for not intervening on his behalf in the Republican primary.

Business

Trump Attacks Ford Motor for Outsourcing Car Production to Mexico

SUV and truck sales have outpaced small auto sales by a wide margin this year and generate higher margins for the automaker - thus allowing more leeway for union wages. In fact, Ford made a commitment last fall to invest $9 billion in USA plants and create or retain more than 8,500 jobs as part of a new four-year contract with the UAW.

Business

Environmental groups slam Hinkley Point nuclear power plant deal

China has a one-third stake in the Hinkley Point project, and analysts have warned that Britain would have risked its relations with the world's second-largest economy if it canceled. Greg Clark, UK secretary of state for energy, noted that Britain needs to upgrade its supplies of energy and remains committed to the development of nuclear power to ensure future low-carbon energy security.

Business

Household incomes grow at fastest rate, ever

Nationally, median household income grew 3.8 percent, to $55,775 previous year, according to data from the U.S. Census Bureau's American Community Survey. "Poverty rates fell most sharply for African-American and Hispanic households, but their income gains were smaller than for white households", the report added.


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