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China says Westinghouse bankruptcy won't have big impact on nuclear plans

Westinghouse has invested almost $30 million in the 70,000-square-foot facility in the Center South Industrial Park, which provides training for nuclear operators of BWR nuclear reactors around the globe. Toshiba is wrestling with a US$6.3bn writedown on its U.S. nuclear business, with Westinghouse having suffered huge cost overruns at two USA projects in Georgia and SC, which are now estimated to cost US$11bn more than originally budgeted.

Business

EU's Verhofstadt Wants Brexit Deal on Citizens' Rights This Year

Guy Verhofstadt, Brexit-coordinator on behalf of the European Parliament, voiced the parliament's objection to any radical changes at the Irish border. Further complicating matters is the desire on both sides to avoid a "cliff's edge" situation in which Britain exits without some sort of transitional deal on future ties.

Business

Schumer seizes on Pres. Trump's team's offer to work with Dems

In their Sunday conversation, Mr Trump "was clear his tweet had nothing to do with the speaker", Ms Strong said . However, Blum also is a member of the House "Freedom Caucus", which consists of some of the House's most conservative members.

Business

Trump's budget: federal staff braced for layoffs

Republicans praised Trump's proposed $54 billion increase for Defense programs. The Republican president's plan calls for deep cuts to many federal agencies, hitting the Environmental Protection Agency the hardest, with a 31 percent budget reduction.

Business

Average US 30-year mortgage rate slips to 4.14 percent

Long-term US mortgage rates fell this week for a second straight week, slipping further from their highest levels of the year reached two weeks ago. (Points are fees paid to a lender equal to 1 percent of the loan amount.) It was 4.23 percent a week ago and 3.71 percent a year ago.

Business

Abbas urges Israel not to miss new opportunity for peace

The group lobbies for pro-Israel policies in the U.S. It's their first national conference since Donald Trump became President, but he wasn't there. Addressing several thousand participants to the annual conference, he exuded confidence that the U.S.

Business

Sears says it doesn't know if it can survive

Sears parent company acknowledged " substantial doubt " about its ability to keep operating in its annual report filing . Following the release of our annual 10-K filing on Tuesday, there have been various media reports quoting a portion of the report that outlines potential risks associated with Sears Holdings' financial position, but those reports do not include the full disclosure which highlights the actions we are taking to mitigate those risks.

Business

South Africa's currency plummets after president fires finance minister

As president, Zuma has the right to fire and appoint ministers at any time and doesn't need the approval of the party's leadership, which includes chairwoman Baleka Mbete and deputy secretary-general Jessie Duarte. Zuma's supporters are believed to be backing his ex-wife Nkosozana Dlamini-Zuma, a former African Union chair, as his replacement. He has campaigned for controlled spending and against corruption, but Zuma's allies have accused him of thwarting the president's desire to enact ...

Business

China's Xi to meet Trump, who predicts 'difficult' meeting

It marks the pair's first meeting and comes amid heightened tensions between the USA and China on issues such as trade, Taiwan and North Korea's nuclear program. Relations between China and the US under President Barack Obama were strained by issues including China's island-building in waters that straddle the worldwide shipping lanes in the South China Sea, allegations of cyber hacking and a USA policy rebalance to Asia.

Business

Impeached Korean president Park arrested on bribery and power abuse charges

Investigators are now having a 20-day maximum period to continue digging into their investigations before bringing formal charges against her. A judge in the Seoul Central District Court said in a statement that Park's major criminal allegations could be justified and concerns remained over a possibility of her destroying evidence, Xinhua news agency reported.

Business

Final Four teams begin preparations for semis in Arizona

You could say that about Roth's entire 20-year tenure as athletic director. "It just wasn't a look". They're now taking these last few days to prepare for their first-ever Final Four showdown with Gonzaga . That understanding of the deepest self and those things that constitute both success and happiness at the same time and place? "Florida was real physical", McKie said.

Business

GST rates will have no inflationary impact: Jaitley

New Delhi:Describing the Goods and Services Tax (GST) bill as "revolutionary", Finance Minister Arun Jaitley on Tuesday hoped all the related bills would be passed with consensus in the current budget session of Parliament. Indian lawmakers on Wednesday passed the Goods and Services Tax (GST) bill, setting the stage for the country to replace a bevy of federal and state sales taxes with a single nationwide levy.

Business

Cabin bags tag-free at 7 airports

Meanwhile, the practise of stamping of baggage tags will also be done away with, starting April 1. CISF officials said a trial run in December had found that the exemption saved 20-25 seconds per passenger in Mumbai and 10-15 seconds in Calcutta.

Business

United Kingdom also bans electronics from cabin

The move came hours after the U.S. government warned that extremists plan to target passenger jets with bombs hidden in electronic devices, and issued a ban passengers carrying such items onto flights from 10 airports in eight countries. They have been informed about the changes and will begin implementing the ban immediately. What's the reason for the ban? Traveling to Western, English-speaking countries is getting more hard by the hour for passengers from Muslim-majority nations.

Business

What can you say? This is a nightmare - Robben blasts Netherlands defeat

LVG, 65, has inevitably been linked a return to the national team dugout, yet he's more likely to come in as a technical director. Those who follow the Netherlands will be hopeful that a change in manager can be a catalyst for an upturn in fortunes, though, with Fred Grim to take temporary charge against the Italians, per MailOnline's Amitai Winehouse .

Business

Money Briefs: Westinghouse files for bankruptcy in US

Scana, based in Cayce, South Carolina, plans to discuss the impact of Westinghouse's bankruptcy on a conference call later Wednesday. Gov. Henry McMaster said he has spoken with Secretary of Energy Rick Perry about the developments, as well as CEOs of the utilities involved.

Business

Accused of Trump Bias, Nunes Refuses to Quit Russia Probe

He said that "as with any counterintelligence investigation, this will also include an assessment of whether any crimes were committed". He said the department's position was that all actions she took as deputy attorney general were "client confidences" that could not be disclosed without written approval.

Business

Oil producers look into rollover of output cuts

The accord, aimed at supporting the oil market, has lifted crude to more than US$50 a barrel. An armed group in Libya shut pipelines Monday because of a dispute over wage issues, disrupting production of 250,000 barrels a day. The official said the expected drop, in line with OPEC's agreement, could help draw down inventories in the United States that stood at a record 533 million barrels last week.

Business

Pagegroup PLC (MPI) Receives Consensus Recommendation of "Hold" from Analysts

The Firm operates through wholesaling activities segment. It has a 6.89 P/E ratio. The Auto Parts Locations segment is a retailer and distributor of automotive parts and accessories. COPYRIGHT VIOLATION NOTICE: "Pagegroup PLC (MPI) Receives Consensus Recommendation of "Hold" from Analysts" was originally reported by Chaffey Breeze and is the sole property of of Chaffey Breeze.

Business

United Kingdom faces government decision on deadlocked Northern Ireland

Mr Brokenshire said the intensity of negotiations needed to increase in the weeks ahead after a statutory deadline to form a new Stormont executive passed on Monday without agreement. He added: "Should the talks fail in their objectives the (British) government will have to consider all options". However, he admitted there remained significant gaps between the parties, "particularly over issues surrounding culture and identity".

Business

Global Solar Glass Market 2017 - Xinyi Solar, FLAT, CSG, Almaden

Firstly, the report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The research report also provides a comprehensive understanding of Esophageal Dilation Balloon market positioning of the major players wherein key strategies adopted by leading players has been discussed.

Business

Trump Administration Clears Keystone XL Pipeline

State Department issued TransCanada Corp. a presidential permit for its controversial Keystone XL (KXL) oil pipeline on Friday, reversing a decision made about 500 days earlier that the $8 billion project was not in the nation's interest.

Business

Uber's self-driving cars back on road after crash in Arizona

Cars without drivers have resumed service Monday in San Francisco and will soon do the same in Tempe, Arizona and Pittsburgh, the three cities where they are now in circulation, said a spokesman for Uber to AFP. The crash took place in Tempe on Friday. With that being said, Uber's self-driving vehicle programme has faced a substantial amount of controversy.

Business

Putin Denies Intention to Wage a War or Compete with US

Putin on Wednesday visited an Arctic archipelago, part of Russia's efforts to reaffirm its foothold in the oil-rich region. The anti-Russian card is being played by various political forces in the United States to reinforce the positions of certain politicians, Putin added, slamming as nonsense claims that the Russian ambassador to the U.S.

Business

Qld schools closed from Agnes Water to NSW border

All four coal rail networks run by operator Aurizon were closed, alongside its road and rail operations from the Bowen Basin to Brisbane. We will update more on the situation as it happens. In Lismore in the north of neighbouring New South Wales state, the State Emergency Service told 7,000 residents in low-lying areas to leave after forecasts predicted the town's worst flood in almost 20 years.

Business

Cenovus buying most of ConocoPhillips's Canadian assets

Cenovus said in a statement Wednesday announcing the deal that Pelican Lake and Suffield produced the equivalent of about 47,600 barrels of oil a day, consisting of almost 29,000 barrels of crude and 112 million cubic feet a day of gas. ConocoPhillips Canada will now focus exclusively on our Surmont oil sands and the liquids-rich Blueberry-Montney unconventional asset. The company said it signed a definitive agreement with Cenovus Energy Inc.

Business

Oil climbs as Libyan pipeline disruption eases crude oversupply

Analysts polled by Reuters predicted that data will show USA crude oil stocks rose 1.4 million barrels in the latest week. USA crude West Texas Intermediate (WTI) futures CLc1 ended up $1.14 cents, or 2.4 percent, at $49.51 a barrel after peaking on the data at $49.54, also the highest since March 16.

Business

Environmental groups challenge Keystone XL pipeline approval

The 1,700-mile pipeline would cross rivers, streams and wetlands that are a source for drinking water for millions of people and provide habitat for at least 20 rare and endangered species, including whooping cranes, pallid sturgeons, interior least terns and piping plovers.

Business

OPEC Deal Strengthens Crude Oil Prices

Rising stocks at the Cushing, Oklahoma, storage site and delivery point for WTI tend to depress the U.S. benchmark, widening its discount to Brent CL-LCO1=R, which in turn makes USA crude oil attractive to importers. If we reach our common objective, we could see balance returning to the market by the third quarter of 2017. In the latest quarter, HAL's North American revenue increased 9% over the previous quarter and segment operating results soared to $28M from a loss in the past quarter, ...

Business

US Bans All Electronics Larger Than a Cellphone From 9 Countries

Under the new rule, electronic devices larger than a cell phone or a smartphone can not be carried in the traveller's carry-on luggage or other accessible property onboard the aircraft. Officials said that they believe a threat to the US would be negated if a passenger transferred through a secondary city with additional and more trustworthy screening procedures.

Business

Microsoft is Offering a Customized Samsung Galaxy S8 for Preorder

It was a serious start to a mostly a serious start to Samsung's event, which was held in the Lincon Center, a place known for performing arts events. "We must be bold enough to step into the unknown and humble enough to learn from our mistakes", he said at the NY launch of the S8.

Business

With Sears' Demise Feared, Which Agencies Stand to Lose?

Payless Shoe Stores yesterday announced plans to file for bankruptcy protection and will shutter 500 stores, further exacerbating the growing surplus of retail space. The company is also considering selling some of its businesses, such as the Kenmore appliances and DieHard vehicle battery brands. It now has less than 1,500 stores, down from roughy 3,500 in 2010.

Business

Trump Clears The Way For Keystone XL Pipeline

In November 2015, after years of foot-dragging, Barack Obama finally blocked the Keystone XL Pipeline. He said that "government too often failed its citizens and companies over the past long period of time". Obama in 2015 rejected the pipeline after years of study, saying it would undercut US credibility in the worldwide climate change negotiations that culminated later that year in a global deal in Paris.

Business

Sen. Bob Corker Rips Ryan Over Trump-Dems Statement

Yesterday, they said they would only come to the table if the Republicans agreed they were no longer seeking to "repeal" President Obama's signature health care law. On Tuesday, Trump told senators attending a White House reception that he expected lawmakers to reach a deal "very quickly" on health care, but he did not offer specifics.

Business

Trump bombed by the Federal Bureau of Investigation

In what CNN called " breaking news " Wednesday night, anchor Anderson Cooper said the network, "has learned new details of the FBI investigation into potential links between individuals associated with the Trump campaign and the Russian government".


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