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Enough currency with banks for exchange: RBI

Despite assurances by the Union Finance Ministry and the Reserve Bank of India (RBI) of "sufficient currency notes", most ATMs here and in some other parts of Uttar Pradesh went dry on Friday. A government official said the shortages will continue into December. RBI principal adviser Alpana Killawala issued a press release asserting that enough cash was available with banks and all arrangements have been made to distribute currency notes all over the country.

Business

RA Dickey agrees to one-year deal with Braves

His 4.46 ERA was up from 3.91 last season, and also his highest mark as a Jay. Betts, 24, is expected to make a full recovery in time for spring training, the team announced Friday. Along with that, the signing of Colon is also low risk for the Braves. The deal for the 42-year-old right-hander, the first of the 157 free agents to switch teams this offseason, is subject to a successful physical, tentatively planned for late next week.

Business

Trump Manhattan HQ 'fortress' amid transition to power

There are also about 100 cops and 30 squad cars plus it is being reported that there are several Secret Service agents in the area. Are you shocked to hear about the new wall around Trump Tower? Since then Trump Tower protests have risen across the country following his unexpected win over Hillary Clinton.

Business

Dow Climbs to a Record

Reacting to the gyrations, MUFG Union Bank chief financial economist Chris Rupkey wrote that "we think the stock market will settle down and decide that it likes Trump". In the 22 elections going back to 1928, the S&P 500 has fallen 15 times the day after polls close, for an average loss of 1.8 percent. But investors quickly shook off fears about a Trump presidency and focused on some of the policy changes that might be beneficial to financial markets, including tax cuts, a crackdown on ...

Business

Trump Now Says He Likes Parts of Obamacare 'Very Much'

Trump said. I think it's a modern age. Shelley Moore Capito, R-W.Va., on Friday. It's happening all across the country. "But none of these positive reforms can be accomplished without Obamacare repeal". Many women began sharing concerns on social media about President-elect Donald Trump's opposition to the Affordable Care Act . "I told him I will look at his suggestions, and out of respect, I will do that".

Business

Cash chaos: People mob banks to exchange spiked currency

As huge, angry scrums surrounded ATMs and lined up at banks to collect the new currency that replaces old high-denomination notes, the Reserve Bank of India has urged "members of public to be patient", stating that there "is enough cash available with banks and all arrangements have been made to reach the currency notes all over the country".

Business

How one trader cashed in on Alibaba ahead of Singles Day

It passed last year's $14.3 billion high-water mark early in the evening, a sign that this year's growth wasn't going to be quite as explosive as previous years' (in 2015, Alibaba hit the previous year's mark at midday). China's State Post Bureau has estimated the country will handle more than one billion packages during the six days from Friday, up 35 percent from a year ago, the official news agency Xinhua reported.

Business

US stocks mixed in early trade; bond prices tumble

Wall Street has largely seen Hillary Clinton as more likely to maintain the status quo, while viewing Trump's polices as less clear. As the world readied itself for the official announcement of Donald Trump as President-elect, futures on the Dow Jones fell around four percent as investors braced themselves for the news.

Business

Leaked Ad Reveals Xbox One S, PlayStation 4 Price; Game & Console

Microsoft pushed its latest update for the Xbox One on Thursday, as console deals start dropping for the next weekends. With that said , we are actually spotting some decent PlayStation 4 Pro , Slim, and Xbox One S deals just before Black Friday season begin.

Business

Xbox One wins monthly U.S. sales race for fourth consecutive month

According to Nichols, "Xbox One has been the best-selling console in the USA for the past four months, and in the United Kingdom and Australia into each of the last two months". "With this holiday update , Xbox Live becomes even more social as we unite gamers across devices, giving you access to more people to play with that share your interests and more choice in how you play".

Business

Markets Right Now: Stocks mostly lower at midday, except Dow

Executive Floor Governor Rudy Mass, center, and specialist. A rally sparked by Donald Trump's surprise victory in the USA presidential election, that also powered the Dow to a record high, sputtered on Friday as energy and healthcare stocks came under pressure.

Business

Stocks dip after election rally, Europe bond yields climb

Since the election on Tuesday, investors have flooded into areas such as banking that are expected to reap rewards from U.S. President-elect Donald Trump's campaign promises of tax cuts, higher defense and infrastructure spending, and bank deregulation.

Business

Conor McGregor feuds with Tyron Woodley at UFC 205, later on Twitter

It didn't take long for McGregor to hear about Woodley's statement and he fired back with one of his own moments later. Since losing his UFC debut, a decision to Donald Cerrone, he's won three straight against either the No. But after years of UFC lobbying, Gov. Andrew Cuomo in April signed legislation legalizing the sport. The law authorizing the sport took effect in September.

Business

Michelle Obama meets Melania Trump in private at the White House

He said the pair spoke about the "organizational issues" in setting up a White House. The photo includes top White House senior adviser Valerie Jarrett, National Security Adviser Susan Rice and White House Communications Director Jen Psaki, among others, and nearly to the man, or woman, they were dressed in black as if attending a funeral.

Business

Brazil exorcise ghosts of Belo Horizonte as they hammer Argentina

Ahead of a clash against Colombia on Tuesday, Bauza said his team's hopes were still in their own hands. "We didn't expect this result ", he said in post-match comments. "I did not think we would lose 3-0, I thought it would be an even game", Bauza said. Paulinho added the gloss in the second period and easy as pie Brazil firmed their place at the top of the South American standings.

Business

Pipeline Company Offers to Help Pay Costs to Police Protests

The crowd of roughly 50 people gathered to voice their concerns about the controversial oil pipeline that protestors say threatens sacred burial grounds and sovereign land that was granted by the USA government in 1868 under article 11 of the 1868 Fort Laramie Treaty.

Business

New Balance facing backlash on social media

Videos of New Balance shoes being destroyed or binned went viral on social media following what appeared to be a misunderstanding over the company's "support" for Donald Trump. "As the only major company that still makes athletic shoes in the United States, New Balance has a unique perspective on trade in that we want to make more shoes in the United States, not less", a company spokesperson said in a statement provided to Business Insider on Thursday.

Business

Nigeria increases oil output despite proposed production cuts

Record high oil production from the Organization of the Petroleum Exporting Countries in October added to skepticism that members will figure out a way later this month to reduce their combined output, hammering crude prices and shares of oil companies Friday.

Business

Japan-India nuclear cooperation agreement signed

Go to NewsGram and check out news related to political current issues. To pre-empt any domestic opposition, Mr Abe stressed that the pact has included a "legal framework to ensure that India acts responsibly and uses the technology exclusively for peaceful means, which is consistent with Japan's purposes".

Business

Dow Hits All-Time High As Investors Anticipate Transition To Trump

Investors continued to make moves based on the bevy of possible policy changes that the Trump administration could implement once it takes over in January. AT&T lost 87 cents, or 2.3%, to 36.57 dollars, while Verizon slid 1.17, or 2.4%, to 46.69 dollars. Japan's 225-issue Nikkei 225 edged up 0.2% after gaining almost 1,100 points the previous day.

Business

United States stocks open lower as post-election rally stalls

CMC Markets strategist Michael McCarthy said it appeared a consensus was building that much of Mr Trump's rhetoric during the campaign "was a sales pitch rather than a commitment to act". Its shares lost $4.31 to $47.45. The blue-chip index rose 39.78 points, or 0.2%, to 18847.66. The biggest losers on the FTSE 100 were Fresnillo , down 141p at 1,435p; Randgold Resources , down 430p at 5,955p; Standard Chartered , down 41.80p at 617.2p; and Smiths Group , down 72p at 1,374p.

Business

Zuckerberg: Claim fake stories posted on Facebook helped Trump win 'crazy'

Facing criticism that fake news on Facebook aided the rise of Donald Trump, founder Mark Zuckerberg has strongly defended his network. There is a profound lack of empathy in asserting that the only reason someone would have voted the way they did is because they saw fake news.

Business

Financial Markets Plunge As Trump Emerges Victorious

The action was no less noteworthy on Wall Street, where S&P 500 futures had shed 5 percent at one stage in Asian trade on Wednesday only to stand 1.1 percent higher late in the day. A currency trader watches monitors near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between US dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Thursday.

Business

Here's One Sign That Markets Believe in Trump's 'America First' Policy

But despite Clinton being viewed as the status quo candidate who would leave a December rate hike on the table, some strategists say Trump's protectionist proposals, tax cuts and promises to make US companies operating overseas bring back more of their income to be taxed could be positive for the dollar in the medium term.

Business

This is the election outcome that Wall Street likes best

As the ballots are being cast, most polls show Clinton with a narrow lead over her opponent, with Monday morning data suggesting she has 47 per cent of the vote among likely voters, compared to Trump's 43 per cent. Comey called Clinton "extremely careless" in her handling of sensitive emails at a July 5 news conference in which he said he would not recommend that the Department of Justice seek an indictment for violation of the Espionage Act.

Business

Asia shares rebound from Trump shock

The most volatile trading on Friday was across emerging markets, as investors bet that Trump's fiscal policies will be inflationary, push US rates up and drive investors into dollar-based assets. Still, the dollar is having its best week in a year, up 1.7 percent against a basket of currencies, lifted by the rise in USA yields and expectations of tighter policy from the Federal Reserve next year and beyond.

Business

Dow closes at record high, capping best week in five years

Investors pulled out of Treasuries this week, sending bond yields higher. At midday, the Dow Jones industrial average, which hit a record Thursday, was down 9.1 points, about 0.05 percent, at almost 18,798. Fiat Chrysler Automobiles, which gets most of its revenue from the Americas, rose 5.6 per cent. BMW and Volkswagen added at least 2.4 per cent.

Business

Doumo ARIGATOU Mr Modi! India and Japan sign landmark civil nuclear deal

The missing piece in Japan's investment in India has been skills - the joint statement says Japan would train 30,000 Indians in Japanese style of manufacturing through the Japanese institutes of manufacturing. "During Prime Minister Abe's visit to India in December a year ago, I had committed to take steps to create basis for their further expansion". "It is alive and responsive to emerging opportunities and challenges in Asia-Pacific", it said.

Business

United States stocks slightly down in early trading; oil heads lower

The Dow slid 16 points, or 0.1 percent, to 18,791 as of 12:11 p.m. A 2.3 per cent slide in crude weighed on energy shares heading into Friday afternoon, making them the worst-performing group in the S&P 500. CRH , which surged earlier this week on expectations of an infrastructural spending splurge by Mr Trump, fell back by 1.2 per cent to close at €31.96.

Business

Exxon Mobil Goes into Joint Venture With Sunoco Logistics

For more information, visit the Sunoco Logistics Partners L.P. web site at www.sunocologistics.com . This is an increase from Sunoco Logistics Partners L.P.'s previous quarterly dividend of $0.50. The company also recently announced a quarterly dividend, which will be paid on Monday, November 14th. Jefferies Group reaffirmed a "hold" rating and issued a $30.00 target price on shares of Sunoco Logistics Partners L.P.in a report on Sunday, October 16th.

Business

Have ramped up production of higher security currency notes: RBI Governor

People in rural and remote areas of Odisha have been hard hit due to the sudden demonetisation of Rs 500 and Rs 1000 currency notes as banking services are yet to reach many remote areas of the State. 500 and Rs. 1000 notes on Tuesday night. - However, this is the first time that Rs 2,000 currency note is being introduced. In order to meet the demand of new currency notes, the government has imposed a limit on withdrawal of Rs 10,000 per day and Rs 20,000 per week.

Business

Could electors change their vote? Electoral College explained

Why?" "Mr. Trump is unfit to serve", the petition claimed. (The District of Columbia has three electoral votes, which is the number of senators and representatives it would have if it were permitted representation in Congress .) The electors meet in their respective states 41 days after the popular election.

Business

Computer outage briefly grounds flights on several airlines

The problems seemed to have been fixed by midday, and airlines reported that flights had resumed. You have now viewed your allowance of free articles. She said she did not know the cause of the breakdown. Tracking service FlightStats Inc. said that by early afternoon more than 200 American Airlines flights had been delayed and 11 were cancelled.

Business

CVS Health Corp 21.2% Potential Upside Now Implied by Mizuho

A number of key analysts, polled by FactSet, shared their views about the current stock momentum. Vetr upgraded CVS Health Corporation from a "buy" rating to a "strong-buy" rating and set a $98.36 price objective for the company in a research note on Monday, October 24th.

Business

Philadelphia Transit Strike Ends, Just In Time For Election Day

SEPTA Board Chairman Pasquale Deon is a fair deal that provides "wage increases, pension improvements, and maintains health care coverage levels while addressing". The city of Philadelphia has filed a motion in state court seeking an injunction to temporarily halt the city's transit strike for Election Day.


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