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Business

Swiss find signs of spying linked to Turkish community

He said Turkey could even hold a United Kingdom like referendum on the matter. "We expect European politicians to abandon their wrong attitudes immediately", Erdoğan said, while lashing out in response to Saturday's rally in Bern where PKK sympathizers displayed a banner that read "Kill Erdoğan" with a gun pointed to the Turkish president's head.

Business

Jefferies & Co reiterated Aa PLC (LON:AA) as 'Underperform'

The company has market cap of $31.35 billion. The company's stock had a trading volume of 1,831,094 shares. Panmure Gordon maintained Morses Club PLC (LON:MCL) rating on Friday, January 6. This is an increase from Moneysupermarket.Com Group PLC's previous dividend of $2.75. Market capitalisation for LON:RMV is £3,702,412,945 GBP. The Firm operates through wholesaling activities segment.

Business

Stock under Radar: Comcast Corporation (NASDAQ:CMCSA)

The stock grabbed 174 new institutional investments totaling 57,694,494 shares while 63 institutional investors sold out their entire positions totaling 25,425,364 shares. Stock has got OUTPERFORM rating from 14 analysts of Thomson Reuters , 2 analysts given HOLD rating to the stock and 0 given UNDERPERFORM rating. The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 26th.

Business

China President Xi to Meet Trump Next Week

A statement from the Office of the Press Secretary read, "The two leaders will discuss global, regional, and bilateral issues of mutual concern". Donald Trump and his Chinese counterpart Xi Jinping will hold their first face-to-face talks next week in Florida, a highly anticipated meeting between leaders at odds over trade, China's strategic ambitions and how to deal with North Korea's weapons programs.

Business

Police stumped as all but one suspect freed in London attack

Rowley added on Twitter that two more people were arrested late Thursday in West Midlands and Northwest, and that there were now nine people in custody in connection with the attack. Two are still in a critical condition, and one person is considered to have life-threatening injuries. His auto mounted the pavement on Westminster Bridge before driving along the road and footpath and crashing into the fence of the Houses of Parliament.

Business

Roy Cooper Signs North Carolina's Shameful HB2 Repeal Into Law

As for other potential political hot spots, such as Texas where lawmakers are considering a similar bill and where the Final Four will be next year, the NCAA is in no rush to weigh in. It does remain important that cities be able to pass laws if they see fit in order to protect their transgender residents from, for example, having to worry about confrontation in the bathrooms.

Business

Countdown to SpaceX's first-ever launch of a used rocket

The rocket was recovered, reconditioned and reloaded for its second launch, which happened at 3:27 p.m. PT Thursday. This evening, almost a full year after it first launched a payload into orbit, a Falcon 9 booster will attempt a second launch.

Business

BlackBerry Beats Earnings Estimates, Expects To Be Profitable Next Year

In terms of earnings per share, 11 analysts have a -0.00 EPS mean target for the quarter ending May-17, for the quarter ending Aug-17, 11 analysts have a 0.00 EPS mean target and for the quarter ending Aug-17 there are 15 estimates of 0.02 EPS.

Business

SpaceX makes history by successfully launching recycled rocket booster

The company has successfully launched and landed one of its used first stage rockets. A SpaceX Falcon 9 rocket lifts off on a supply mission to the International Space Station from historic launch pad 39A at the Kennedy Space Center in Cape Canaveral, Florida, U.S., February 19, 2017.

Business

Google vows to pull ads from extreme videos and sites

AT&T said it was removing ads from Google's non-search platforms specifically over concerns that its ads were running next to extremist videos. According to The Times , the telecom companies like AT&T and Verizon, auto rental company Enterprise and pharmaceutical firm GSK , have pulled out all non-search advertising.

Business

Oil producers meet in Kuwait over output-cut compliance

The agreement to cut 1.8 million barrels per day, which came into effect on January 1, 2017, was for six months and is extendable for an additional six months, depending on the status of supply and demand, including global inventories. Oil prices have been falling since the middle of the month, as a spate of reports showing stronger-than-expected growth in US inventories sparked selling from speculators that had build record long positions in crude futures.

Business

Will Westinghouse Bankruptcy Leave Cranberry Reeling?

For years, Toshiba has been stained by accounting scandals in what Satoshi Ogasawara, who has written a book about the conglomerate systematically falsifying financial results, called "a dubious corporate culture". "As announced on March 29, Westinghouse LLC and certain subsidiaries and affiliates filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code".

Business

Huawei 2016 sales up 32 percent, profit little-changed

Selling and administrative expenses were up by 38.8 percent, to 86.4 billion yuan, while its foreign exchange loss was up by nearly 20 percent, to 5.2 billion yuan. It shipped 139 million phones a year ago. Xu declined to elaborate on goals for its consumer business but said keeping a net profit margin of around 7 percent for the group overall "is a reasonable target now".

Business

Dutch authorities carry out raids in tax evasion probe

AMSTERDAM/ZURICH, March 31 (Reuters) - Credit Suisse's London, Paris and Amsterdam offices were contacted by local authorities over client tax matters, it said on Friday, after Dutch prosecutors said they had seized assets and arrested two people in an global hunt for tax evaders.

Business

Karan Johar shares image of twins' nursery

However, the babies were kept in neonatal intensive care unit of the hospital, given that they were reportedly premature babies. The photo of the nursery shows Gauri Khan bringing in a touch of the forest and cartoons in the most gender neutral baby nursery that has been seen.

Business

Trump approval for Keystone pipeline doesn't guarantee it'll be built

State Department for approval of the project. "The presidential permit for the Keystone XL is a welcome step forward to securing improved energy infrastructure in Nebraska and nationally, while also creating jobs and ensuring our energy independence", Ricketts said in a statement Friday.

Business

'You're trash': Investors hurl abuse at Toshiba managers after nuclear debacle

As part of its bankruptcy restructuring, the Pennsylvania-based company plans to stop installing reactors in order to focus on maintenance and design, a decision that throws into doubt the future of four reactors that are under construction.

Business

German inflation weaker than expected in March, state data suggest

Energy prices rose 7.3% over the year compared with a 9.3% previously as prices declined over the month. Inflation on tap: The key economic data release in Europe on Friday is the preliminary reading on eurozone inflation for March. In recent months, there has been pressure on rate-setters to consider reversing their stimulus policies as inflation went above target - albeit for one month - and growth has improved.

Business

Manafort Is Willing to Talk With House Committee, Nunes Says

House Intelligence Committee Chairman Devin Nunes was correct to take his information concerning reports of electronic surveillance of Trump Tower to the president, as he had no other choice, fellow committee member Rep. He said the committee's hearing on Monday demonstrates how important it is that these inquiries be conducted publicly. The decision to cancel the hearing prompted the panel's top Democrat to accuse Nunes of seeking to avoid bad further publicity for the White House after ...

Business

China says committed to Paris accord as Trump undoes US climate policy

He said the Paris deal has "not come easy", obliquely taking a swipe at Trump for quashing Obama's climate policies. You're going back to work. "I saw what they did with the state of the art facility that I worked on when I was governor in Wise County that was dramatically cleaner than facilities that were put online before", he said.

Business

Wall Street hits six-week low on doubts over Trump's agenda

US equity index futures fell to a six-week low on Sunday in a sign Wall Street would start the week defensively after Republicans pulled legislation to overhaul the USA healthcare system in a stunning setback for President Donald Trump. But some analysts and investors are hopeful the healthcare bill's failure will pave the way for quicker action on legislation deemed desirable by investors, namely tax reform.

Business

Meals on Wheels Could Be Cut Under Trump's Budget Proposal

President Donald Trump's proposed budget did outline a number of cuts that, if they go through, will affect some of the nation's meal programs. It's not clear exactly how much of a financial effect the cuts would have. But officials say they still have three or four new seniors who apply for Meals on Wheels help every day. In other words, Meals on Wheels is more than just about delivering a meal.

Business

Merkel party wins state vote as election year starts

But in the end the CDU actually bested its performance compared to the last election in Saarland in 2012, when it was the top vote-getter at 35%. Two more state elections in May will be followed by a national parliamentary election on September 24 in which Merkel is seeking a fourth term as chancellor.

Business

Ivanka Trump to receive West Wing office and access to classified information

Ivanka Trump is reportedly getting an office in the White House, but is not assuming an official role. She will adhere to the ethics rules for government employees as well, but she won't be collecting a paycheck. "She has no skin in the game other than, 'I'm giving you my point of view because I love you Dad and I want you to be successful, and you need to listen to me, '" Tom Barrack said.

Business

Westinghouse Bankruptcy Caused by Nuclear Power Plant Cost Overruns

The filing affects Westinghouse operations in the Charlotte area and could produce losses for area creditors. The companies planned an investor call later Wednesday. Westinghouse and Toshiba are working with the owners of the two USA nuclear power projects to come up with plans to continue construction "during an interim period", the Japanese firm said.

Business

Westinghouse files for bankruptcy protection

Westinghouse Electric Co., a major player in global nuclear construction, filed for bankruptcy protection on Wednesday, its Japanese parent Toshiba Corp . Toshiba said the bankruptcy would not affect Westinghouse's United Kingdom operation, which employs more than 1,000 workers. The company said the bankruptcy does not affect its operations in Asia, Europe, the Middle East and Africa.

Business

Hong Kong protest leaders arrested in wake of election

The leader of this semiautonomous Chinese city of 7.3 million is chosen by just 1,194 electors, a lot of them business and political figures who have close ties to Beijing. They include the disappearance in 2015 of five Hong Kong booksellers known for publishing salacious titles about China's political elite. Rebel legislator Nathan Law, who as a lawmaker has an automatic vote, said he would enter a blank ballot.

Business

United Kingdom house prices fall for first time in nearly two years

The year-on-year increase in house prices eased to 3.5 percent from 4.5 percent. Across the United Kingdom generally, house prices increased by 3.5% annually in March, slowing down from a 4.5% annual increase in February. While Nationwide doesn't provide a detailed breakdown across the country, it said the picture was "mixed" across various regions. Prices in the south of England grew slightly faster than in the north, while conditions remained subdued in Wales and Scotland, and Northern ...

Business

Gramercy Property Trust, Inc.'s (GPT)

Rehmann Capital Advisory Group now owns 13,477 shares of the real estate investment trust's stock valued at $130,000 after buying an additional 1,610 shares in the last quarter. This represents a $3.00 annualized dividend and a dividend yield of 3.73%. On 9/12/2016 Camden Property Trust announced a special dividend of $4.25 3.55% with an ex dividend date of 9/21/2016 which will be payable on 9/30/2016.

Business

Arabs to back Mideast talks if Palestine state guaranteed

The initiative also failed to include land swaps for areas of the West Bank inhabited by Israeli settlers, which lay beyond the pre-1967 boundary, a condition Israel says is a pre-requisite for any peace deal. The Arab states declared their willingness to "continue to work to relaunch serious Israeli-Palestinian peace negotiations" based on their longstanding framework.

Business

Self-driving Ubers back in action in SF following Arizona crash

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. From what we hear, Uber's auto was driving at a high speed and flipped on to its side following a crash. The crash resulted in one vehicle being dented and another one toppled to its side, as seen in the picture above which flooded Twitter late Friday night.

Business

Your Browsing History Is On Sale

In addition to repealing the previously-enacted rules, the resolution prohibits the FCC from passing any new privacy restrictions to protect users. But broadband providers said the rule favored certain companies. "Click through that privacy policy, figure out what the collection processes are, and either change your preferences from within that website, or decide you're going to take your business elsewhere, that's still an option for consumers", Luehr said.

Business

Wait for the tax cuts (for rich) to come from Freedom Caucus

JOE BARTON: We are not an independent group. President Donald Trump blasted the House Freedom Caucus on Thursday, threatening to back challengers to members of the conservative group that helped block the GOP healthcare bill last week. If Republicans do revive a health-care bill, that would be a shift from last week, when Trump said the party would move on to other issues, including a tax overhaul, after the long-awaited bill was pulled 30 minutes ahead of a scheduled floor vote.

Business

Ofcom caps price for most popular fast broadband

United Kingdom communications regulator Ofcom said it plans to cut the price BT's Openreach can charge telecoms companies for access to its broadband network by up to 40 percent, one of a number of proposals that aim to spur competition and accelerate investment in fibre.

Business

USA stocks close higher, Dow breaks 8-day losing streak

The Dow Jones Industrial Average ended an eight-session string of losses, with gains of 0.7%, while the S&P was up the same amount following a flat showing yesterday. German benchmark DAX index at Frankfurt Stock Exchange jumped 1.28 percent, while British benchmark FTSE 100 Index gained 0.68 percent. The energy sector gained 1.2%, leading all sectors, supported by stronger oil prices .


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