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Vice chair of SKorea's Lotte group found dead

Police suspect that "Lotte" vice chairman Lee In Won committed suicide after receiving reports from local residents that a man in his 60s was hanging from a tree. Mr Lee, who was 69, had been scheduled to appear before prosecutors yesterday morning, a Lotte official said. Lee In-won was a top aide to Shin Dong-bin.

Business

Polymetal pushes housebuilder Berkeley out of UK's FTSE 100

Gold and silver miner Fresnillo lost more than 3 percent as gold prices hit two-month lows on worries over US rate increase. The FTSE 100 Index fell 0.6 percent at the close of trading, reversing a gain of as much as 0.2 percent and trimming its August advance to 0.9 percent.

Business

EU Orders Apple to Pay Ireland $14.5B in Back Taxes

If that happened, the state aid recovery by Ireland would be reduced by amounts recovered in other jurisdictions, the Commission said. The comission found the tech giant guilty of receiving illegal state aid through its Irish tax scheme.

Business

Russian claim it killed Daesh spokesman a 'joke', USA official says

Born in Syria in 1977, Adnani was the most senior Syrian in ISIS , a trait that some analysts say may have counted against him in a leadership bid among the Iraqi-led terror group. White House spokesman Josh Earnest also said he was "not aware of any facts" to back Russia's account. Al-Adnani is the second high-ranking Islamic State official to be killed in recent months after Tarkhan Tayumurazovich Batirashvili, also known as Abu Umar al-Shishani, was killed by a U.S.

Business

Poll boost for Jeremy Corbyn in Labour leadership battle

The maximum cost for nationwide FTTP [fibre-to-the-premises] coverage is £25 billion, spread over a number of years, which fits easily inside the £500 billion investment commitment already announced. " Labour , under my leadership, will utilise the advance of digital technology to mobilise the most visible general election campaign ever". " Labour will get smashed at the next general election, similar to 1983, if he stays".

Business

U.S. Government Bonds Reverse Gains After Yellen Remarks

But she stopped short of signalling any timetable for the next rate hike. European stock markets stirred Friday at the end of a tranquil week as Federal Reserve chief Janet Yellen indicated there was a case for raising USA interest rates.

Business

Gold falls to two-month low

USA consumer spending increased for a fourth straight month in July amid strong demand for automobiles, pointing to a pickup in economic growth that could pave the way for the Fed to raise interest rates this year. Higher rates weigh on gold prices, since the metal pays its holders nothing and struggles to compete with yield- bearing assets when borrowing costs rise.

Business

American Girl partners with Toys R Us

The American Girl merchandise will begin arriving at Toys "R" Us stores next week. The Wall Street Journal is reporting that Mattel and Toys "R" Us are joining forces. American Girl is set to launch a series of shop-in-shops thanks to its new partnership with Toys R Us. Mattel's 30-year-old doll brand, which has been sold exclusively in 20 American Girl stores and on its Web site, is headed to Toys "R" Us shelves on Sunday.

Business

Ex-airline worker indicted by US for smuggling for Chinese military

Since that time, Reuters has reported links between the two cases. Brooklyn federal prosecutors charged Ying Lin, a former Newark Liberty International Airport station manager for Air China 0753, +0.17%, with five criminal counts Wednesday, including smuggling and obstruction of justice.

Business

'America's Got Talent' 2016 Results Spoilers: 5 Acts Advance to Finals

Jon Dorenbos was not one of those disappointments, as his performance was on-point again and I am a huge fan! It was a good show with some wonderful performances but only five of them will advance to the finals. I am so happy for that, but so sad that both Blake and Deadly Games are eliminated on America's Got Talent 2016! They received a standing ovation from the judges.

Business

Reaches its water-giveback goal five years early

PepsiCo's water conservation programs have cut company costs by more than $80m between 2011-2015 as part of its larger sustainability initiative that has resulted in $600m in savings over five years in water, energy, packaging and waste reduction.

Business

Here's Why Hershey (HSY) Stock Plummeted Today

That's not great news for investors in the would-be target, who are now facing a return to Hershey's flatlined stock price and slow-growth future. The Hershey Trust is revamping its board and management rules after coming under scrutiny for its spending practices. Investors were gleeful, too - Mondelez' shares rose almost 4% yesterday.

Business

TSX falls with oil, but notches 0.1 pct gain in August

Health-care stocks also felt lousy at day's end, with Valeant Pharmaceuticals stumbled $1.61, or 4.1%, to $37.99, and Concordia International faded 27 cents, or 2.3%, to $11.43. Louis. The Nasdaq gained 1 per cent in August and the S&P shed 0.1 per cent, speaking to stocks' resiliency after the S&P hit an all-time high mid-month.

Business

SL Green Realty Corp. (SLG) Receives Outperform Rating from Robert W. Baird

Renaissance Technologies LLC increased its stake in SL Green Realty Corp.by 2,799.4% in the first quarter. National Pension Service increased its stake in SL Green Realty Corp.by 4.4% in the first quarter. SL Green Realty Corp. In the matter of earnings surprises, it can have a huge impact on a company's stock price. (NYSE:SLG) last posted its quarterly earnings results on Wednesday, July 20th.

Business

Brazil senate votes to remove President Rousseff

Senators broke into cheering and applause after the electronic voting was announced, concluding a process that was given the go-ahead in December. Ms Rousseff testified in her own defence on Monday in an uncompromising speech that branded the plot to oust her a "parliamentary coup", warning that "democracy is condemned along with me".

Business

Snack-maker Mondelez drops bid to merge with Hershey's

On June 30, Hershey rejected a $107 per-share takeover bid from Mondelez , when its stock was trading around $97. The maker of Oreos and Reese's peanut butter cups is majority-controlled by the Hershey Trust, a charity which has prevented previous sales of the company.

Business

NEW Canada Post Reaches Tentative Agreement with Union

Although details are sparse at this point - the agreement is for two years instead of a typical four. Labour Minister MaryAnn Mihychuk said the agreements were reached voluntarily. Five years ago, in the summer of 2011, the union held rotating strikes until Canada Post imposed a lockout. "We can now turn towards the hearings that are going to be taking place in a few weeks and we'll be articulating our vision for the future of Canada Post", Palecek said.

Business

Iowa pipeline protesters plan civil disobedience action

More than a dozen activists, anxious about the environment and opposed to eminent domain, were arrested here Wednesday in a demonstration against the Dakota Access Pipeline. 26 ). Around 30 people have been arrested there. On the ground, deputies created a perimeter around the equipment and tried to keep protesters from getting too close as they heckled the officers, sang songs and chanted slogans such as "Stand by Iowa, shut down DAPL ".

Business

Oil Heads for Biggest Monthly Gain Since April Before OPEC Talks

After five consecutive months of upward revisions, the 34 analysts and economists polled by Reuters forecast Brent would average $45.44 a barrel in 2016, slightly lower than last month's forecast of $45.51. Domestic consumption during the same period was expected to reach 642 million barrels, or 25 percent of the total output, Al-Riyadh daily said quoting Fahad bin Jumaa.

Business

Chipotle to offer September freebies to lure back customers

Chipotle is still trying to recover from a series of food contamination incidents past year. Chipotle wants to find out, as the burrito chain is going to hand out free food and drinks throughout the month of September. The children's meal will include a kid-sized meal and a fun coloring page! To qualify for the free drink , you have to be in high school, be an undergraduate or graduate college student or be homeschooled.

Business

Chipotle introduces September promotions for kids, students

Strong Sell. Investors might also notice that two months ago the Buy recommendations (2) were less than Sell recommendations (2). Accordingly, the company shows a 6.80% EPS growth for the subsequent year and computes the EPS growth for the past five years at 21.80% *.

Business

What Do Analysts Think Of Bob Evans Farms, Inc. (NASDAQ:BOBE)?

Bob Evans' revenue came in at $306.32 million, down from $321.71 million in the prior year and well below the consensus for $310.92 million. The ratio increased, as 22 funds sold all Bob Evans Farms Inc shares owned while 49 reduced positions.

Business

Kremlin says reports that Uzbek President is dead not confirmed

In this Saturday, March 21, 2015 file photo, Uzbekistan's President Islam Karimov greets people during the festivities marking the Navruz holiday in Tashkent , Uzbekistan. Within an uncommon move on Sunday, the Uzbek authorities confessed he was receiving treatment but did not give details. "They want to know what happens to Karimov next", he said.

Business

Calais migrants should move to Britain, says top official

A briefing that suggested the British government might withdraw some security co-operation with France following a row over asylum has been condemned by politicians across the spectrum. He told the BBC that asylum seekers should be allowed to lodge their claims at "hotspots" in France. Nicolas Sarkozy, the former French president and a contender again, used a speech at the weekend to call for the Jungle to be relocated to the UK.

Business

Nutanix announces two acquisitions to bolster its cloud operations

Silicon Valley-headquartered enterprise cloud computing company Nutanix Inc. has acquired development and operations (DevOps) automation startup Calm.io for an undisclosed sum. Investors in PernixData include Marc Benioff, the chairman and CEO of Salesforce.com, as well as Kleiner Perkins Caufield & Byers, and Steve Luczo, chairman and CEO of Seagate Technology.

Business

Brocade Communications Systems, Inc. (NASDAQ:BRCD) Analyst Opinion

The 1 year EPS growth rate is 0.75. But net income fell to $10.5 million from $91.7 million in the year-ago quarter as expenses rose from $252.1 million to $336.3 million. Strong Sell rating was given by "0" brokerage firms. Following the transaction, the COO and SVP Operations is left with a stake of 74,568 shares, now valued at $689008.

Business

Donald Trump Set to Give 'Major' Immigration Speech

Republican presidential nominee Donald Trump speaks at a campaign rally in Manchester, New Hampshire, U.S., August 25, 2016. The media and the Trump campaign will not let it go. Schwartz, who came to know Trump intimately during the 18-month project that became "The Art of the Deal", has publicly excoriated the candidate in recent months, earning cease and desist letters and aggressive posturing from lawyers representing the Trump Organization.

Business

Pilots arrested at Glasgow Airport released on bail

The Newark-bound flight with 141 passengers, which was due to leave Glasgow at 9am, eventually left with new crew at 6.45pm. Grebenc, from Columbus, Mississippi, and Licona, from Humble, Texas, made no plea or declaration and were released on bail ahead of a further court hearing.

Business

Seagate Technology plc's (STX)

The firm now has a "sector perform" rating on the data storage provider's stock. The share price of the stock plunged -31.59% for the year. On the company's financial health, Seagate Technology PLC reported $0.69 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Aug 2, 2016.

Business

Historic commercial flight from US to Cuba set to take off

On Wednesday JetBlue will take off from Fort Lauderdale and travel to Santa Clara, Cuba. The president of the Cuban Civil Aviation Institute, Alfredo Cordero, said Cuba will be ready for this week's flight as well as the influx of US flights - expected to grow to as many as 110 per day within the next several years.

Business

Heavy rain claims 7 lives in southern India

His wife Chennamma (35) later succumbed to injuries at a private hospital. Chief Minister K. Chandrasekhar Rao condoled the deaths and gave instructions for increasing the compensation. All major roads in Hyderabad including Banjara Hills, Jubilee Hills, Madhapur, Gachibowli, IT Corridor, Somajuguda, Begumpet witnessed huge traffic jams due to waterlogging.

Business

Karyopharm Therapeutics Inc. (KPTI) Upgraded by Jefferies Group to Buy

The company is expected to release $-0.82 EPS for current quarter according to 10 analysts whereas the company reported $-0.85 EPS during same quarter a year ago. Finally, Wellington Management Group LLP boosted its position in Karyopharm Therapeutics by 631.9% in the first quarter. Moreover, Ellington Management Group Llc has 0.15% invested in the company for 16,200 shares.

Business

Raheem Sterling brace maintains Pep Guardiola's winning start at Manchester City

The 28-year-old picked up a calf injury during Sunday's 3-1 victory over West Ham at the Etihad Stadium. Should the City striker be found guilty, he will miss the encounter with Jose Mourinho's side, as well as the following Premier League clash with Bournemouth and the EFL third-round tie with Swansea City.

Business

Earth-like planet found orbiting star less than 5 light years away

The newly discovered planet has been temporarily named Proxima B by its discoverers, an global team led by astronomer Guillem Anglada-Escudé at Queen Mary University in London. The majority of the sun's closest stellar neighbors are red dwarfs. As per the findings the Earth-like planet is only a fraction bigger than our planet and has a rocky surface.

Business

DFA cautions Pinoys in Singapore vs Zika virus

On its website, the United Kingdom government's foreign travel advice for travelling to Singapore was to advise women who are pregnant or planning to conceive to discuss their travel plans with their doctors. FairPrice supermarkets and Watsons pharmacies said their sales of such products had doubled. The High Commission of Bangladesh, which represents the largest community of foreign workers, said none of the workers were Bangladeshis.


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