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CBN Offers $100m for Wholesale Forwards

Meanwhile, Alhaji Aminu Gwadabe, the President, Association of Bureau De Change Operators of Nigeria (ABCON) had predicted the appreciation of the naira as BDCs set to receive more Diaspora remittances. Gwadabe commended the "doggedness" of the CBN in its interventions in the entire official window. The Central Bank of Nigeria (CBN), has warned commercial banks operating in the country against sabota-ging and undermining its efforts aimed at making life easier for foreign exchange end-users.

Business

Trump says China should step up on NKorea

But that does not mean that Xi considers this status to be permanent. "They want to deal with very tangible things", he says. Some protesters lined the streets to voice their opposition to China's policy in the South China Sea . Trump would most likely reject this proposal. Disagreements over approaches to North Korea or bilateral trade could, if mishandled, destabilise North East Asia or tank the global economy.

Business

Outstanding Analyst Ratings For Barratt Developments (LON:BDEV)

The average stock price target is 7.19GBX with 2 brokers rating the stock a strong buy, 5 brokers rating the stock a buy, 9 brokers rating the stock a hold, 7 brokers rating the stock a underperform, and finally 2 brokers rating the stock a sell.

Business

Uber, Lyft Drivers in Massachusetts Fail New Background Check

The most common reasons behind the failures were suspended licenses, having a license for less than three years and multiple driving offenses. Interestingly, while Uber has branched out into adjacent services such as food delivery and courier services, Lyft hasn't gone down that road (no pun intended).

Business

Samsung forecasts best quarterly profit in over three years as chips soar

The company on Thursday estimated its operating profit for the first quarter should jump almost 50 percent from the same period a year ago, while its revenue should be about flat but better than analysts expected. Ousted president Park was thrown into jail last week after a court ordered her arrest in connection with the sweeping corruption scandal that brought millions of people onto the streets and saw her impeached.

Business

Senate heads to Gorsuch confirmation vote Friday

Gorsuch, the man caught in the middle of the bitter partisan fight, is expected to become the nation's 113th Supreme Court justice soon after the procedural maneuvering ends on Friday. Merkley is the starkest example of many Senate Democrats who at least indicated an openness to allowing Gorsuch's nomination to proceed to an up-or-down vote before the full chamber.

Business

Sunoco is selling most convenience stores to 7-Eleven

A man walks out of Seven & i Holdings Co's Seven Eleven convenience store in Tokyo, Japan January 12, 2017. "During our fourth-quarter earnings conference call , we stressed that the leverage metrics of the company had our full attention and focus, and that we were looking at all alternatives to correct the problem, and that nothing was off the table in terms of options to accomplish that", Owens said Thursday morning during a Sunoco conference call discussing the company's decision.

Business

Vote correlation: Internet privacy resolution

The repealed regulation was put in place by the Federal Communications Commission (FCC ) in October 2016 under the Obama Administration. Institutions should take care to reinforce privacy best practices with students and staff, including using VPNs, encrypted browsers, and clearing app and browsing history on all devices often.

Business

Tesla delivers quarterly record of 25000 vehicles in first quarter

Tesla stock's higher price follows the company's update on first-quarter vehicle deliveries . The record number of deliveries marks a strong beginning in a year in which the electric carmaker is expected to launch its mass market auto, the Model 3 .

Business

Freedom Caucus' Jordan: Tweets and blame 'don't change facts'

In a meeting with reporters on Monday, Paul said he suggested Trump try a new strategy on health care during their round of golf. He followed it up by tweeting: "Talks on Repealing and Replacing ObamaCare are, and have been, going on, and will continue until such time as a deal is hopefully struck".

Business

Trump's landmark Keystone XL pipeline deal will create 35 long-term American jobs

He accused Obama of "partisan posturing" to block the project. The Keystone XL Pipeline project is set to move forward after the Trump administration on Friday issued a permit for work to proceed. A 2015 study funded by the Department of Energy found that the oil sands from Canada emit 18% more greenhouse gases when processed into gasoline than that processed from traditional USA crude.

Business

Hyperloop unveils 11 potential US routes

The Texas Triangle route - a 640-mile system that would connect five metro areas - is considered a potential frontrunner, the Dallas Business Journal reports . "It will transform transportation as we know it and create a more connected world". The technology, according to Hyperloop One , involves loading passengers and cargo into a pod and accelerating the pod gradually via electric propulsion through a low-pressure tube.

Business

Analyst's Indicator Review for GGP Inc. (GGP), QUALCOMM Incorporated (QCOM)

First Commonwealth Financial Corp PA raised its position in QUALCOMM by 128.5% in the fourth quarter. They are projecting Next Quarter growth of -4.3%. If you are accessing this article on another site, it was copied illegally and republished in violation of USA and global trademark and copyright law.

Business

Chinese porcelain bowl sells in Hong Kong for S$41.3m

When it was finally sold for a hammer price of US$63 million (excluding the buyer's premium), the crowd in the packed auction room erupted into applause. It was sold in Geneva in May a year ago for US$30 million ($39 million). Rich Chinese have always had to grapple with the dilemma and challenge of where to store their wealth, faced with currency depreciation, an overvalued property market in many cities and a volatile stock market.

Business

Pier 1 Imports names Kmart president as new CEO

A ratio over one indicates an increase in share price over the period. In all, he has some 15 years of retail and consumer goods experience in the USA, United Kingdom and China, according to a company press release. The next year's growth is calculated to be 11.6 percent. The price to earnings growth is 2.47 and the price to sales ratio is 17. Back on Sep 08, 2016, a downgrade report came from equity analysts at Raymond James who in their research findings assigned Mkt Perform rating on the ...

Business

UK firms to publish pay data in bid to eliminate gender gap

President Donald Trump's daughter Ivanka Trump, who recently took an unpaid position in her father's administration, posted about the day on Instagram. Women make up almost half our workforce. " #EqualPayDay is a reminder that women deserve equal pay for equal work ". It is said to be the first such requirement in the world with the law taking effect in January next year.

Business

Oil rises, near one-month high; US crude stocks seen down

Media reports said on Monday that Libya's Sharara oil field, the country's largest, resumed production on Sunday after a week-long disruption. "In terms of its implication locally so far, message is very clear with production cut, but we will continue building stock level, if the restriction on production is lifted for whatever be the reason, we are more than ready to come back to a million barrels per day level", said H E Aufi.

Business

Trade and economic relationship to dominate bilateral talks

Xi and his wife were greeted by the president and first lady Melania Trump at the Mar-a-Lago estate before making their way to dinner. The Treasury is required to demand special talks with any country meeting all three thresholds aimed at correcting an undervalued currency , with penalties such as exclusion from U.S.

Business

Trump kicks off Florida meetings with Chinese president

He was responding to reporters' questions during a brief interaction that lasted about four minutes. "Whether China is going to really become more serious about implementing sanctions vis-a-vis North Korea remains to be seen but clearly what Trump's message is, if you don't do it, we will, I think rely, result in military actions or any kind of action which will actually cripple North Korea".

Business

Trump declares end to 'war on coal,' but utilities aren't listening

President Trump's recent executive order reversing some of his predecessor's environmental policies has drawn cheers from affected industries and jeers from environmentalists. EPA Director Scott Pruitt told Fox News that the president will "set a new course" that is both "pro-jobs" and "pro-environment". Trump, who has called global warming a "hoax" invented by the Chinese, said during his campaign that he would kill Obama's climate plans and bring back coal jobs.

Business

WikiLeaks' Assange a victor in Ecuador presidential runoff

Lasso tweeted photos showing what he said were original votes for him that were changed by electoral officials. We are talking about the 45-year-old Australian WikiLeaks founder Julian Assange who is facing extradition to Sweden to fight allegations of sexual assault, but who is also very much wanted by the USA on suspicion of espionage for his organization's disclosure of massive amounts of classified information.

Business

Republicans hit new snags in push to revive healthcare bill

Frustration over the bill's dismal performance in Congress spilled out during a meeting Ryan and other House leaders attended late Wednesday at the White House, according to several Republicans who'd been told about the session . Pence had arranged, on short notice, a meeting and phone call Tuesday with some of the leading conservative activists who have been skeptical of the health-care proposals floated so far.

Business

GST Bills in present form not acceptable

With GST rollout looking imminent from July 1 after the Lok Sabha's approval, the Centre and states will on Friday sit together to finalise rules and regulations of the new indirect tax regime. "Once the rules are finalised, the committee of officials will work on the fitment of commodities", the Business Line quoted an official as saying. After 7 hours of intense debate, Lok Sabha finally passed 4 crucial GST bills, which means that July 1st rollout of GST regime across India is now nearly ...

Business

Govt to roll out GST on July 1

Businesses in the Northeastern and hill states with annual turnover below Rs.10 lakh would be out of the GST net, while the threshold for the exemption in the rest of India would be an annual turnover of Rs.20 lakh. During the GST Council meeting it was decided that final nod to the four rules as also fixation of GST rates for major commodities and services will be done in the next meeting in Srinagar on May 18-19.

Business

Local Professor Calls Border Wall "Waste" Of Money To Homeland Security Committee

Kelly said the wall won't be from " sea to shining sea ", but in places where border agents say it would be most effective. "Everyone in Congress knows it's not going to happen", McCaskill said. "March marks the fifth straight month of decline and is estimated to be approximately 71% lower than the December 2016 total - 58,478", Kelly added.

Business

Oil hits one-month high near $55 on tighter supplies

Iraq holds the world's fourth largest oil reserves. At the FT conference, many senior oil trading executives argued that U.S. crude inventories, which have risen since the start of the year as domestic production rebounds towards 9m barrels a day, were masking tightening supplies elsewhere.

Business

Trump, Xi look to navigate minefield in first summit

His meetings with Trump come at a time of change and uncertainty for both countries - and of change in their bilateral relationship. "I don't care about the politics and the economics". "Although the contents of the Fed minutes should have been supportive for the dollar, it was dragged down by ensuing price action in other markets, which saw equities react negatively to the minutes and Treasury yields fall", said Shusuke Yamada, senior strategist at Bank of America Merrill Lynch in Tokyo.

Business

Here's What Will Happen When Trump and Xi Meet Face to Face

Trump began this week by telling the Financial Times that "if China is not going to solve North Korea, we will". "I hope the two look for ways on a cooperative basis to build jobs in the United States , not by closing the U.S. But it is unclear what Washington could do, or would be willing to do, to coerce China without risking a costly and unwanted conflict. The US needs collaboration from South Korea and Japan, and I can't see them agreeing to this.

Business

Keystone Pipeline Approval: 9 Things to Know Now

Two days after his inauguration in January, President Donald Trump invited Canada to resubmit the application. The Standing Rock Sioux Tribe will stand with the many tribes threatened by the Keystone XL pipeline. "We know there will be well over a million in local taxes because pipelines are assessed and pay taxes", said Wall. That reverses former President Barack Obama's 2015 decision to reject the controversial pipeline.

Business

Vetr Inc. Downgrades Reynolds American, Inc. (RAI) to Sell

Shares have been recorded at -0.52% separated from the 52-week high of 63.18 and +44.88% away from the 52-week low of 43.38. According to sentiments of 10 analysts the mean estimates of short term price target for the company's stock is marked at $59.26.

Business

United Airlines bars teenage girls in leggings from flight

The entire incident at the airport was reported by Shannon Watts , the founder of gun reform group, Moms Demand Action, on Twitter. "The passengers. Whilst also noting that another girl around the age of ten in grey leggings was also asked to change before boarding the flight from Denver to Minneapolis.

Business

AMD Ryzen 3 1200 Mainstream CPU Coming Up Next

This means that the AMD Ryzen 3 chips will have the upper hand of having 2 additional physical cores. The AMD Ryzen 5 1600 packaging has the typical box with the same look as that of Ryzen 7. AMD CPU has physical six cores and 12 threads - compared to Intel's with four cores and eight threads - the Ryzen 5 pulls ahead of its rival. As indicated by the table below, Ryzen 3 1200 will operate with a base clock frequency of 3.1GHz, sport 2MB of L2 cache, and draw 65 watts of power.

Business

M.P. Evans Group PLC 9.7% Potential Upside Indicated by finnCap

This represents a yield of 1.72%. Shares fell 2.16% to 5,576.84p in morning trading. Apg Asset Management Us holds 4.12 million shares or 0.52% of its portfolio. The Company constructs and maintains its vessels in Abu Dhabi. Worldpay Group PLC (LON:WPG) has risen 4.11% since September 7, 2016 and is uptrending.

Business

US Senate set to vote on judge

The Senate Thursday triggered the so-called "nuclear option" that allowed Republicans to break a Democratic filibuster of Supreme Court nominee Neil Gorsuch. Republicans kept the vacant seat open all previous year by refusing to consider then-President Barack Obama's nominee, Judge Merrick Garland . McConnell is an institutionalist who has made clear he does not favor invoking the nuclear option and is doing so grudgingly; he has repeatedly said Gorsuch will be confirmed.

Business

Aetna will not sell 2018 Obamacare exchange plans in Iowa

Another insurance company is going to stop selling individual health insurance policies in the state. The company now has 14,000 Iowa members. However, the numbers are dwindling. Iowa Insurance Commissioner Doug Ommen said he's anxious no carriers will want to offer individual policies in Iowa for next year. "We're deeply troubled by the angst and concern the Affordable Care Act is causing in Iowa.


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