Business

Monsanto accepts sweetened offer from Bayer; hurdles remain

The $128 a share deal, up from Bayer's previous offer of $127.50 a share, is the biggest of the year so far and the largest cash bid on record. Well, that's not generally the case when a company is acquired at such a huge premium. Bayer , which is strongest in Asia and Europe, stands to gain from Monsanto's expertise in agriculture and seeds. The per share price of all cash is 21% above the closing price of Monsanto on Tuesday.

Business

Saints trying to fend off pessimism after another 0-2 start

Last year, the Giants yielded an unwieldy 608 total yards to New Orleans, including 505 passing yards and seven touchdown passes by quarterback Drew Brees. No receiver for the Cowboys got close to 100 yards receiving and none caught a TD pass either. I will have to go back and watch the film to get the exact count, but the Giants dropped several passes.

Business

Saints trying to fend off pessimism after another 0-2 start

Last year, the Giants yielded an unwieldy 608 total yards to New Orleans, including 505 passing yards and seven touchdown passes by quarterback Drew Brees. No receiver for the Cowboys got close to 100 yards receiving and none caught a TD pass either. I will have to go back and watch the film to get the exact count, but the Giants dropped several passes.

Business

Facing doubts over its firepower, Bank of Japan tries something new

But the BOJ held off on deepening negative interest rates or expanding its asset purchase target, saying the modification was aimed at resetting its stimulus program for a protracted battle to hit and then keep to its 2 percent inflation goal.

Business

BOJ tweaks policy, but keeps minus interest rate unchanged

It said it would keep government bond asset purchases "more or less" steady at ¥80 trillion ($78 billion) a year but plans to buy more exchange-traded fund and Japanese real estate investment trust assets. Analysts expect the BOJ to eventually slash its policy rate further. It was briefly above zero for the first time since March. Volatility was especially acute in the currency markets with the Japanese yen JPY= weakening by as much as 1.2 percent against the dollar in choppy trade.

Business

NCAA cautions air passengers on Samsung Galaxy Note 7

The South Korean company on Tuesday said 500,000 replacement devices have arrived in the USA and have been shipped to carrier and retail stores. It didn't take Samsung too long to set up a Galaxy Note 7 exchange program in the United States, but it's been more than two weeks since the company announced the recall of the smartphone and customers in other countries still haven't been able to exchange their phones through official means.

Business

BoJ To Introduce Monetary Easing With Yield Curve Control

Oil prices held early gains with US crude oil futures CLc1 up 1.9 percent to $44.93 per barrel. The Bank of Japan on Wednesday chose to adopt a target for long-term interest rates in an overhaul of its massive stimulus programme. The Nasdaq composite picked up 6.33 points, or 0.1 percent, to 5,241.35. ENERGY: Benchmark U.S. crude added 83 cents to $44.88 a barrel in electronic trading on the New York Mercantile Exchange.

Business

Britain should start EU divorce talks soon, says Tusk

On Sunday May said the statement would be "about the work that the government has been doing over the summer and obviously how we are going to take that forward in shaping the sort of relationship we want with the European Union ". At the first session of Prime Minister's Questions after the Commons recess and the G20 summit in China, Mr Robertson demanded a "in or an out answer" to the question about single market membership, which many businesses regard as vital to their export chances.

Business

U.S. blames Russian Federation for airstrike on Syrian civilian convoy

Hijab said a HNC member who was escorting the convoy had provided him with photographs of the attack that he described as "very precise". On Monday, a convoy delivering aid to Syrians in Aleppo province was hit by a deadly air strike. Moscow denied the allegations, insisting that the extent and the nature of destruction of the convoy's vehicles suggested it had somehow caught fire on the ground and were not hit in an airstrike .

Business

Dollar inches up, stocks flat as focus on Fed, BOJ

In late-morning trades, the benchmark S&P/ASX 200 Index is advancing 20.30 points or 0.38 percent to 5,323.90. Investors see little chance the Fed will raise USA short-term interest rates and expectations are also low that the BOJ will be able to weaken the yen meaningfully when both banks announce policy prescriptions on Wednesday.

Business

United India will isolate Pakistan internationally: BJP on Uri attack

Swaraj is set to speak on September 26, just after Pakistan prime minister Nawaz Sharif speaks on Wednesday. The booklet will also include the Global Positioning System tracker movements of Uri militants that shows their starting point was from Pakistan.

Business

United India will isolate Pakistan internationally: BJP on Uri attack

Swaraj is set to speak on September 26, just after Pakistan prime minister Nawaz Sharif speaks on Wednesday. The booklet will also include the Global Positioning System tracker movements of Uri militants that shows their starting point was from Pakistan.

Business

Oil prices fall on U.S. report

Brent, the global benchmark, fell $1.25, or 2.7%, to $45.85 a barrel on ICE Futures Europe. Still, the report was enough to rattle oil markets. A run up in Wall Street shares also boosted oil prices as weak USA economic data dampened the likelihood of a Federal Reserve rate hike this month.

Business

Glut alert! Oil demand slowing, production still high

The oil cartel is expected to meet in late September to discuss a possible freeze on production. That's down to growth of 1.6 million in the first quarter of this year, 1.4 million in the second quarter and, "worryingly", a projected growth of 800,000 barrels in the third quarter of this year, he said.

Business

Fed expected to keep rates unchanged, may signal year-end hike

A Wall Street Journal report said the U.S. Securities and Exchange Commission is investigating how the oil major valued its assets in the wake of the plunge in oil prices. Home builder Lennar Corp.( LEN ) third-quarter results beat expectations, but shares slumped 4.2% after disappointing housing starts data this morning.

Business

Cabinet approves merger of Railway Budget with Union Budget

The Cabinet also approved removal of distinction between Plan and Non-Plan expenditure as the present classification resulted in excessive focus on former with nearly equivalent neglect to items such as maintenance which are classified as non-Plan.

Business

Hillary Clinton accuses Donald Trump of Treason

With her Senate contests in 2000 and 2006, along with more than two dozen debates with Barack Obama in 2008 and nine meetings with Bernie Sanders in this primary campaign, she has stood on a debate stage more than 40 times. In Iowa , more than 68,000 have requested ballots. Clinton leads by a point (39-38) in the suburbs, while she has a comparatively cushy six-point lead (42-36) upstate.

Business

Emmys ratings dip to new all-time low

Actress Julia Louis-Dreyfus, accepting her fifth consecutive best actress Emmy for Veep , jokingly lamented that real politics was beginning to resemble the Washington world her comedy series pokes fun at. Upon hearing Smith's name called, Kimmel stormed the stage and took the statue from presenters Minnie Driver and Michael Weatherly. He added, "This year she had a Sunday ceramics class she couldn't get out of".

Business

Dollar gains after BOJ changes policy framework

The S&P 500 was up 5.2 points, or 0.24 percent, at 2,144.32. The yen rose 0.25% against the dollar to trade at 101.70 yen. The Nasdaq Composite was up 11.65 points, or 0.22 percent, at 5,246.68. 19, ended little changed, with gains in big bank stocks offsetting a drag from Apple, as investors braced for the Federal Reserve meeting later this week.

Business

Japan sees trade deficit in Aug as stronger yen saps exports

The Bank of Japan will announce its latest policy decisions today. "On average they were largely flat or on a gradual recovery", said Yoshiki Shinke, chief economist at Dai-ichi Life Research Institute. Japan posted a goods trade deficit of 18.71 billion yen ($184 million) in August for the first red ink in three months, with a firming yen pushing down the value of exports, government data showed Wednesday.

Business

Samsung Galaxy Note 7 use banned on UAE airlines

Since then, at least two more cases have been reported, including at hotel in Perth, prompting the company to call for an "immediate" end to all use by customers. Samsung Electronics Co Ltd (KRX:005930) has asked people who have purchased its Galaxy Note 7 phablet to stop using the device right away. First, the FAA warned against bringing the Galaxy Note 7 on planes, then Transport Canada followed suite with its own caution, and finally, Health Canada is now working with Samsung on the ...

Business

Santander 'pulls out of Williams & Glyn talks'

The Spanish bank lodged a formal offer to buy the 300 Williams & Glyn branches from the Royal Bank of Scotland last month, according to bankers speaking to The Financial Times . RBS's antiquated computer systems have been one of the biggest hurdles to divesting the branches. One person said that this was due to price disagreements, noting that Williams & Glyn was originally valued at approximately £1.9bn.

Business

Jaguar XF facelift launched in India at INR 49.5 lakh

According to JLR, this has also made the auto 28 per cent stiffer too. The price of the vehicle will start at Rs 49.50 lakh (ex-showroom Delhi) and will go up to Rs 61.85 lakh. Along with the diesel, a 2.0 liter petrol engine will also be on offer. The Jaguar XF is offered with the new Ingenium 2.0 litre 4-cylinder Turbocharged Diesel engine that delivers a power output of 132 kW.

Business

Alleged Target of George Washington Bridge Lane Closure Scandal Could Take Stand

Bendul said Durando told him not to meet him at the Port Authority's building in Fort Lee, a request Bendul considered "weird, cloak and dagger". The assertion came on the first day of the trial of Bridget Anne Kelly and Bill Baroni, who are accused of deliberately closing access lanes to the bridge to paralyse traffic in Fort Lee, New Jersey, over several mornings during the first week of school in September 2013.

Business

Broker Buy/Sell/Hold Updates For Walgreens Boots Alliance, Inc. (NASDAQ:WBA)

The company's 50-day moving average price is $81.49 and its 200 day moving average price is $81.22. 666,616 shares of the company traded hands. In case of Revenue Estimates, 18 analysts have provided their consensus Average Revenue Estimates for Walgreens Boots Alliance , Inc.as 29.09 Billion.

Business

Oil prices rise on reported USA crude stock draw, firm Japan imports

Oil prices fell to a one-month low on Friday and finished down around $43 a barrel for the second time in three weeks while there was increasing output from OPEC , new pledges of increased production from several countries and a shutdown of a major USA gasoline pipeline continued pushing down prices.

Business

Clinton maintains strong lead over Trump in NY

Clinton expressed a similar sentiment at a campaign rally in Dallas, Texas, last November, but without using the words "tough" or "extreme". Placed media spending also jumped significantly as the Trump campaign started to buy television ads.

Business

Best Memes of the Los Angeles Rams Embarrassing the Seattle Seahawks

The backdrop to that game, and that season to that point, was erratic play by the offensive line, seemingly dooming the Seahawks to a season of discontent. "But that didn't. I'm going to gripe about calls all the time". West Coast rap and grilled meat aromas drifted among the fans gathered in the nearby parking lots and neighborhoods for a ritual confined to college games in LA for the past 21 years.

Business

Japanese stocks down as Asia markets on edge before BOJ verdict

The meeting comes as the US Federal Reserve also finishes a meeting later in the day, but few expect the central bank to move on interest rates until later in the year at the earliest. The 5.34 trillion yen ($52.5 billion) in imports was a year-on-year drop of 17.3 percent. Financial markets gave the announcement an initial thumbs up with MSCI's broadest index of Asia-Pacific shares outside Japan extending its gains to be up 0.35 per cent on the day compared to 0.23 per cent earlier.

Business

Japanese stocks jump, yen weakens as BOJ overhauls policy

HONG KONG Japanese stocks rallied and lifted Asian equities on Wednesday, while the yen weakened after the Bank of Japan surprised markets by adopting a target for long-term interest rates in an overhaul of its massive monetary stimulus program.

Business

John Stumpf's Senate hearing: Four key moments

Wells Fargo is also investigating 2009 and 2010, in order to "leave no stone unturned". He said Wells Fargo has admitted it was aware of the problem since at least 2011, but was evidently unable to stop it despite increasingly aggressive steps to do so.

Business

Fonterra raises milk price forecast

Prices have again risen at Fonterra's GlobalDairyTrade auction, but at a more subdued level than in previous events. The auction platform was set up by Fonterra, the world's largest dairy exporter, and is operated by trading manager CRA International.

Business

Stan Wawrinka stuns No. 1 Novak Djokovic

Just as he did past year in the French Open final , Stan Wawrinka shocked Novak Djokovic to win a Grand Slam Final, as he won his first US Open title. Although exchanging breaks in the second set and with the contest apparently set to go into another tiebreaker, Wawrinka finally managed to prevail as Djokovic committed several errors.

Business

4 killed, dozens injured as team bus crashes in NC

A charter bus carrying college football players crashed into a highway overpass in North Carolina on Saturday (Sept. 17), killing four people and injuring over 40 others, WSOC-TV in SC reported. Jeff Gordon of the N.C. Highway Patrol. The school says it is canceling classes Monday and bringing in grief counselors. The college also said counseling will be available to students at that time.

Business

Bank of England votes unanimously to keep policy unchanged (12:10)

But Bank governor Mark Carney said last week that he was "serene" and "comfortable" with the BoE's forecasts before the European Union referendum and its decision to add monetary stimulus afterwards. Rates were slashed to a new record low in August as part of a package of stimulus measures, including the boost for QE. Even at 0.3 percent UK Q3 GDP growth would be a half from the second quarter's pace and the BoE reiterated it could well cut its benchmark lending rate further soon.


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