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Business

Shareholders taking charge at AkzoNobel as takeover battle heats up

Akzo said it became aware on Tuesday that Elliott "intended to privately share potentially price sensitive information with PPG about its decision to request an extraordinary general meeting". Akzo said it shared its findings with Dutch financial regulators and said it "calls on Elliott Advisors and PPG to clarify their relationship and the history of the communications between the two companies".

Business

Government Launches New Gender Pay Gap Initiative

In fact, it will take 169 years for the world to completely close the economic gender gap. "It's imperative that we act now, especially when our research showed 51 per cent of employers don't coach or prepare their management on equal pay and gender equality".

Business

Donald Tusk prepares to reveal European Union approach to Brexit negotiations

The European Council President's nine-page document states that there must be "sufficient progress" on withdrawal talks - including a "divorce bill" potentially running as high as £50bn - before negotiations on future relations begin. Tusk warned Prime Minister Theresa May she was not to try to pick off countries separately to negotiate in a divide-and-rule approach and should negotiate " only with the 27 as a unit ".

Business

Smucker: United Airlines should be 'ashamed and embarrassed'

That's just one of the thousands of funny/not amusing tweets flooding social media, a solid two days after a United airlines passenger was violently removed from a Kentucky-bound flight on Sunday. " I want you to know that we take full responsibility and we will work to make it right ", the statement said. The confrontation happened on a United Express flight operated by Republic Airways.

Business

Investment Analysts' Recent Ratings Changes for Ergomed PLC (ERGO)

Acropolis Invest Mngmt Limited Co holds 5,600 shares or 0.05% of its portfolio. ILLEGAL ACTIVITY NOTICE: "N+1 Singer Reaffirms "Hold" Rating for City of London Investment Group PLC (CLIG)" was published by Community Financial News and is the sole property of of Community Financial News.

Business

USA, Canada & Mexico to make joint bid

If successful then this would be the first time a World Cup was co-hosted by multiple countries since the 2002 edition which was hosted in South Korea and Japan. He said the three nations decided they could launch a stronger bid together. When 2026 comes round, there will have been 32 years and seven World Cups since the 1994 one held in the US with Europe (3), Asia (2), Africa (1) and South America (1) having served as host.

Business

BHP rejects Elliott's overhaul proposals as flawed, costly

BHP shares were down 10¢ to $25.31 at 1.10pm. It also suggested hiving of BHP Billiton's petroleum division into a separately listed company in NY, and embarking on a capital return programme involving buy-backs rather than spending cash on acquisitions which it feared would destroy value.

Business

BlackBerry wins $815 million in dispute with Qualcomm

BlackBerry has won a significant royalties award from Qualcomm . Qualcomm and BlackBerry had entered into an agreement in April a year ago to arbitrate a dispute over whether Qualcomm's agreement to cap certain royalties applied to payments made by BlackBerry under a license agreement between the two companies.

Business

FRSC recalls Sector Commander, others for cutting hair of female personnels

Photos circulating on social media showed Kumapayi using a pair of scissors to cut the hair of some female personnel as alleged punishment for wearing long hairdo. Mr. Kazeem said the Corps Marshal of the FRSC, Boboye Oyeyemi , ordered the errant officers immediate suspension pending investigation into the incident.

Business

National Equal Pay Day highlights gender pay gap

Census Bureau. With full-time working women earning just 75 cents for every dollar paid to their male counterparts, State Representatives Janine Boyd and Kent Smith recently introduced House Bill 138 . Elected leaders weighed in on the disparity found between men's and women's salaries as people marked Equal Pay Day Tuesday. Equal Pay Day leaves many wondering how long it could take to close the wage gap.

Business

What Are Analysts Opinions On Navios Maritime Partners L.P. (NMM)

Mizuho upped their target price on shares of Noble Midstream Partners from $47.00 to $51.00 and gave the company a "buy" rating in a report on Wednesday, February 15th. During the same quarter in the previous year, the company earned ($2.17) earnings per share. Zacks Investment Research's earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover EQT Midstream Partners.

Business

Once opposed to intervention, Trump says he can be flexible

As the two leaders wrapped up a Florida summit overshadowed by U.S. missile strikes in Syria overnight, Xi joined Trump in stressing the positive mood of the meetings while papering over deep differences that have caused friction between the world's two biggest economies.

Business

Tesco welcomes first annual increase in UK sales for seven years

He took charge shortly before the uncovering of accounting mis-steps plunged the group into the worst crisis in its near 100-year history. "Today, our prices are lower, our range is simpler and our service and availability have never been better".

Business

Boeing Taps Norsk Titanium to Provide 3D-Printed Components

Yesterday, Norsk Titanium delivered the world's first FAA-approved 3D printed, structural titanium component. The parts are being produced using Norsk's proprietary wire-based Rapid Plasma Deposition (RPD) process. " Boeing is pleased to expand our collaboration with LIFT", said Beth Anderson, vice president, Payloads and Systems, Boeing Commercial Airplanes.

Business

Boeing to Use First 3-D Printed Components on Commercial Jet Plane

John Byrne, vice president, Airplane Materials and Structures, Supplier Management, Boeing Commercial Airplanes, believes Norsk's innovative RPD technology was perfectly suited to enhance Boeing's equally ground-breaking 787 Dreamliner. From early 2016 to February 2017, Boeing worked with Norsk to be able to pass the Federal Aviation Administration's rigorous testing program for the components.

Business

Elon Musk's SpaceX Launches its First Recycled Rocket

The first stage landed on an ocean platform nearly a year ago after a launch for NASA. The company has not disclosed how much it spent refurbishing the rocket, but SES is believed to have paid about 30 percent less than a typical launch.

Business

Delta flight delays and cancellations continue into fifth day

Extremely long lines were seen throughout Hartsfield-Jackson Atlanta International Airport on Saturday morning, days after severe storms forced a ground stop at the hub. Delta had canceled more than 400 flights by midday Friday, according to tracking service FlightAware.com. In all, they said they spent more than $3,000 on rental cars, hotels, and new tickets because of the cancellations, as well as countless hours on hold with Delta's help line.

Business

Altice USA officially files for IPO, raises cash for further expansion

Securities and Exchange Commission for an initial public offering. The number of shares to be offered and the price range for the offering have not yet been determined. Altice USA is the fourth largest cable company behind Comcast, Charter Communications and privately held Cox Communications. Altice USA could use the shares as a deal currency to roll up other cable companies or to provide some of its other investors - particularly BC Partners and the Canada Pension Plan Investment Board ...

Business

U.S. backs down on seeking anti-Trump user records

Twitter said its users have a constitutional right to disseminate such "anonymous and pseudonymous political speech". If Twitter lost this battle, it would have set an incredibly unsafe precedent for the Trump administration to unmask not just more Twitter users, but any account that the government demands.

Business

Asian stocks slip, yen and gold rise as global risks weigh

Foreign investors were also net sellers, following seven straight sessions of net buying. With the softening top-tier economic data releases, investors flocked together and closely watched geopolitical tensions in the Middle East, after last week's USA missile launch in Syrian airbase.

Business

Possible Delayed Release Predicted; Company Facing Difficulty With 3D Sensing Technology

White also noted that the 3D sensing technology and the OLED display will only be available for "iPhone 8", this could mean that the iPhone 7s and the iPhone7s Plus should be released in September. White, who is now in Taiwan to garner information from Apple's supply chain, cited a "smartphone contact" who is "diligently following the supply chain data points" who cites just a product named the iPhone 8 as the source of information.

Business

E*TRADE Financial Corporation (ETFC) Closed its Previous Trade at $34.24

This represents the Zacks consensus EPS measured at the time of writing. Fifth Street Finance Corp . had a positive return on equity of 9.13% and a negative net margin of 33.22%. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them. The Average Volume of the company is 2.53 Million and P/E ( price to earnings) ratio is 11.97, while Forward P/E ratio is 9.37.

Business

Galaxy Note 5 receiving Nougat update in Korea with build N920SKSU2DQC7

The second-quarter operating profit is expected to reach 12 trillion won, industry watchers said . The company has rapidly recovered from last year's costly failure of its fire-prone Galaxy Note7 device, despite a political scandal involving vice-chairman Lee Jae Yong, who faces charges including bribing ousted president Park Geun Hye.

Business

TripAdvisor users vote Emirates the world's best airline 2017

Air New Zealand's world class customer experience has been recognised with significant wins at TripAdvisor's inaugural Travellers' Choice® Awards for airlines . It flies a fleet of over 70 Boeing and Airbus aircraft to more than 60 global destinations and, with just one easy stop in Taipei, travelers can connect onward to most major cities throughout Asia, including 25 destinations in Mainland China.

Business

Metro Ride For PM Modi, Australian Premier (With Selfie); Then, A Temple

Turnbull also appreciated Prime Minister Modi's charisma by informing how his tweets on trains, buses get likes in hundreds contrary to the one with the Indian Prime Minister in metro crossing the mark of 5,000 retweets. Bilateral trade with India has doubled over the past decade to around $20 billion, Mr Turnbull also said, but that was a fraction of what it could and should be.

Business

Oil prices rise on prospect that Saudi Arabia seeking output cut extension

U.S. West Texas Intermediate (WTI) rose by 11 cents to US$53.19 a barrel by 12:50 p.m. ET, after touching a five-week high of US$53.37. As OPEC and its partners try to control the supply of oil, demand is expected to pick up. At the same time, Nigeria's new loading programmes are finding buyers at a reasonable pace - in stark contrast to the past two years, when any sales from storage put huge downward pressure on prices for newly loaded cargoes.

Business

Wells Fargo Reports On Sales Scandal

Those new clawbacks are in addition to the bank's move past year to cancel about $41 million in stock awards for Stumpf and $19 million for Tolstedt . He has apologized in the past for not being more vigilant, even as he insisted most employees behave ethically. But while the panel's public report may help rebuild shareholder trust, the firm still faces more government probes, as well as legal claims by employees who said they were unfairly punished.

Business

Christie to feds: Suspend 'bumping' from airline flights

By Tuesday afternoon, nearly two days after the Sunday evening confrontation in Chicago , CEO Oscar Munoz issued his most contrite apology yet as details emerged about the man seen on cellphone videos recorded by other passengers at O'Hare Airport.

Business

Amazon's Third-Party Sellers Hacked

It waits to pay sellers until it's confident purchases have been delivered. Marketplace Pulse, which monitors seller activity on e-commerce sites, added that the hacks of dormant third-party seller accounts also have been on the increase, with as many as 20 attacks per day occurring on some days.

Business

Progressives respond to Gorsuch confirmation to Supreme Court

Gorsuch's confirmation ends the longest Supreme Court vacancy since 1862 during the American Civil War, with the court down a justice for nearly 14 months since long-serving conservative Justice Antonin Scalia died on February 13, 2016. The Democrats were painted into a corner as they had employed the controversial rule change to prevent a Republican filibuster of Obama appointments in 2013.

Business

Priebus made Bannon, Kushner make up

Bannon, whose portfolio is broad but vague as a chief strategist, has told people he believes Kushner's allies have undermined him, that he has no plans to quit and is digging in for a fight. He has also played a key role in Mr Trump's foreign policy, including the United States relationship with China. Asked by Wallace whether it was "inappropriate" to give a political adviser a role on the Principals Committee, McMaster replied, "No, I think what is appropriate is to have in that role - ...

Business

Oil eases from 5-week high; rising US production weighs

Brent crude, the worldwide benchmark for oil, was down 8 cents from its previous close at $55.90 per barrel (bbl) at 7:25 a.m. CT (12:25 GMT). U.S. Syria produces only small volumes of oil, but the Middle East accounts for more than a quarter of the world's crude output. "Both Brent and WTI open in Asia at their NY highs this morning, both within shouting distance of their post-OPEC rally highs", said Jeffrey Halley, senior market analyst at OANDA.

Business

Lawmakers slam Trump for bypassing Congress on Syria strike

Tim Kaine (D-Va.), are calling for Congress to vote on authorizing any future military operations in Syria. "On Tuesday, the Assad Regime, which is backed by Putin's Russian Federation, committed an unconscionable war crime against the Syrian people when it carried out a chemical attack killing innocent men, women, and children".

Business

Trump administration to host White House seder

They need to know what it was like to be oppressed so it will never happen again". Tomorrow night Jews around the world will begin the week-long observance of Passover with the retelling of the story of the Exodus around the Seder table.

Business

Australia's TPG Telecom says to pay $945 million for mobile airspace

TPG's executive chairman and chief executive David Teoh says acquisition of 700MHz spectrum is a "tremendous development for the long-term future of TPG". Given the superior breadth, range, and in-building penetration of the 700MHz spectrum, this result would lower the spectrum advantage that TLS now has, particularly in regional Australia.


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