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Business

Infosys Q4 profit beats estimates on key client wins

The company expects its 2017-18 revenue to grow between 6.1 per cent and 8.1 per cent in dollar terms and 6.5-8.5 per cent in constant currency terms. Wipro shares were trading 1.55 percent lower at Rs 493 apiece while TCS was down 2.39 percent to Rs 2,337. Last month, HCL Technologies had announced share buybacks worth Rs 3,500 crore.

Business

G-7 ministers seek unity in bid to press Russia over Assad

Tensions between Moscow and Washington have further aggravated over Syria after the US missile strike on a Syrian military airfield Thursday, which it claims to be in response to the alledged Syrian government's chemical weapons attack last Tuesday in Khan Sheikhoun.

Business

Central London house prices fall in March on Brexit, tax

In addition, the majority of surveyors are observing a fall in transactions. But while there are fewer properties available for sale, they are not being snapped up by eager buyers. "The house builders" share prices are running as if there are no problems ahead and simply take the view that the new homes market has "shrugged off Brexit'".

Business

Russian Federation vetoes United Nations resolution to condemn Syria chemical attack

Russia, Assad's staunchest ally, has insisted that Assad is blameless and that it was actually the rebels responsible for the disbursed chemical weapons. White House spokesman Sean Spicer later told reporters that the facts backed up the US version of events. -Russian dispute concerned culpability for the chemical weapons, broader disagreements over everything from Ukraine to Russia's support for once-fringe candidates in European elections were among other sore points.

Business

United Airlines CEO finally apologizes for violent incident

This can never, will never happen again on a United Airlines flight. Now, United could have offered more money to get passengers to give up their seats. Dao was one of four passengers selected at random for removal from the overbooked Kentucky-bound flight. The 69-year-old grandfather was seen being ripped from his seat after refusing United Airline's $1,000 in compensation as he said he had patients to see the following day.

Business

Russia calls to prevent new U.S. strikes on Syria, says Lavrov

Putin said the United States is using the same tactic it did in the lead-up to the Iraq war. It's unclear, Tillerson noted, whether Moscow had failed to take seriously its responsibility to purge Syria of chemical weapons or was just incompetent.

Business

New Nintendo Direct Will Cover Splatoon 2 and ARMS

Nintendo's freakish new IP, the slinky-punch fighting game ARMS , is slated to come out in June. Last year's Nintendo 3DS rewards programme offered the same terms and monetary amount. Majority reported that they were not extremely rough with the console with other reporting their console was docked most of the time. Maybe we'll get an official release date for it.

Business

Unemployment rate climbs in BC for March

A major shift of jobs from full-time to part-time appears to have ended, with 400 full-time jobs gained in two months. "It's pleasing to see total employment and full-time employment both pick up", Mr Bacon said. Full-time employment rose by 74,500 jobs, while the number of part-time jobs was down 13,600. However, in March alone, BC had the lowest unemployment rate in Canada at 5.4 per cent.

Business

United won't use police to remove overbooked passengers - CEO

After the incident, he remained in Chicago to receive treatment at a local hospital for his injuries, according to a statement on Tuesday from his lawyers. A passenger who witnessed the episode said that two officers tried to calmly talk the man out of his seat before a third approached him in an aggressive manner.

Business

United Airlines CEO apologizes for passenger dragged off flight

The head of United's parent company has scrambled to contain the damage to the carrier's reputation. Appearing on Good Morning America earlier today, Munoz admitted that his original response to the incident may have seemed a bit icy.

Business

Blue Jays 3B Donaldson departs with calf injury

The last win was against Minnesota in 2011. Toronto had 29 runs over the same period last season with a 3-4 record. It has lost all four. "We brought him over here to hit so we want to make sure we string some games together to let him get going".

Business

Wells Fargo Rescinds Millions More From Former Execs Over Scandal

Wells Fargo's board said on Monday (Tuesday AEST) that it would claw back an additional $US75 million in compensation from the two executives on whom it pinned most of the blame for the company's scandal over fraudulent accounts: the bank's former chief executive, John Stumpf, and its former head of community banking, Carrie Tolstedt.

Business

Trump says prepared to take on North Korea without China if needed

There is speculation that the country could be preparing a missile launch, or even another nuclear test, to mark the 105th birthday anniversary of its founder Kim Il-Sung on Saturday. China will not remain indifferent to Pyongyang's aggravating violation of the UN Security Council (UNSC) resolution. Pyongyang hopes its gamble will work, but all signs point to the opposite direction.

Business

Qualcomm countersues Apple over modem chip performance

There is no David in this story-just two Goliaths alleging that the other one threw the first punch. Don Rosenberg, Qualcomm executive vice president and general counsel, reckons that Apple has played a major role over the past decade in making mobile technology mainstream with its popular devices and services, but it should not belittle Qualcomm's major role in the process.

Business

As Advertisers Flee, Bill O'Reilly Goes On Vacation

The New York Times reported earlier this month that O'Reilly and Fox paid about $13 million in settlements to five women who accused O'Reilly of sexual harassment or verbal abuse over more than a decade. Has Bill O'Reilly hosted his last show for the Fox News Channel? Walsh, represented by attorney Lisa Bloom , made the call and posted the video to YouTube.

Business

2 more officers placed on leave after passenger dragged off United flight

Joya Griffin Cummings was seated in the row behind Dao and recorded video of the moments before the doctor was dragged out of his seat. The incident that followed - in which Dr Dao is dragged from his seat by police officers obtaining injuries to his face - has made worldwide headlines.

Business

Saudi crown prince discusses enhancing bilateral ties with May

United Kingdom military trainers will be sent to Jordan to help the nation's air force in the fight against Islamic State, Theresa May will announce during a visit to the Middle East. Hundreds of those airstrikes have targeted schools, hospitals, wedding parties and funerals where hundreds of civilians were killed in what aid groups, including the United Nations, have said could amount to war crimes.

Business

Wells Fargo chair: Shareholders 'benefited greatly' from ex-CEO Stumpf's leadership'

Wells Fargo took back another US$75 million (S$105.3 million) in pay from two former senior executives who played key roles in the U.S. bank's fake accounts scandal, its board has announced. Under Stumpf , Wells operated in a decentralized fashion, with executives of each of the businesses running their divisions nearly like separate companies.

Business

Fastenal Company (FAST) Earns News Sentiment Score of 0.11

Morgan Stanley increased its stake in Fastenal Company by 34.6% in the third quarter. Investors should note that the recent earnings estimate for FAST has been moving upward in the last 30 days. WARNING: " Fastenal Company (FAST) Earns News Sentiment Score of 0.11" was first posted by Markets Daily and is the sole property of of Markets Daily.

Business

City's unemployment rate 7.7 per cent

Bureau of Labor Statistics. Overall, the US added 98,000 jobs in March compared with a revised 219,000-job gain the previous month. The unemployment rate has not been this low since May of 2007, almost a decade ago. Government payrolls increased 9,000 as state and local government hiring offset a 1,000 drop in federal jobs. "Over the month, employment growth occurred in professional and business services (+56,000) and in mining (+11,000), while retail trade lost jobs (-30,000)", the BLS ...

Business

ISPs: We Care About Your Privacy (Pinky Swear!)

Earlier this week, the US House of Representatives, following the lead of the Senate, passed legislation to overturn rules issued past year by the Federal Communications Commission. Republicans-dominated Congress approved the rollback of the rules on 28th of March in a 215-205 vote. Comcast , AT&T , and Verizon have all recently announced that they will not sell their customers' web browsing data to other companies.

Business

United Airlines CEO won't resign

He said the world caught United at a bad moment and that it would never happen again. The Elizabethtown man has engaged a legal team and a lawsuit against United Airlines is expected. In defense of Dao, Cummings noted that Dao, also from Kentucky, "was no more "irate or belligerent " than any tired passenger after a long day of travel would be".

Business

How Trump defused West Wing feud - for now

The crisis in Syria sharpened Trump's desire to reduce the infighting and he is expected to make some staffing decisions soon, the Journal said, citing a senior administration official. Trump's administration faced a major worldwide test this past week when the president ordered a missile strike on an air field controlled by forces loyal to Syrian President Bashar Assad after a chemical weapon attack against Syrians.

Business

Iran's Rouhani says Trump abetting Syria 'terrorists' with missile strike

However in a statement , Mr Johnson said: "Developments in Syria have changed the situation fundamentally". But his administration ultimately insisted on diplomacy over force and instead came to a highly criticized deal with Russian Federation that aimed to destroy Syria's chemical weapon stockpile.

Business

US wildlife conservationists sue over proposed Mexico border wall

The environmental group says its suit is the first specifically against the border wall since President Donald Trump issued an executive order in January authorizing its construction, The Hill reported. "We are considering proposals on a design and we will make a decision very soon", he added. Greens have always been concerned that a border wall or fence would destroy habitats and cut off migration routes for the species that live near the United States-Mexico border.

Business

Missouri girl throws an extra crappy birthday party

Rebecca , the mother, said her daughter, Audrey , simply replied "poop". Audrey wanted an all-encompassing theme... the glorious theme of poop. Mom Rebecca told the Huffington Post that Audrey simply did not want anything but a scatological soiree, and after trying to dissuade her, she and her husband made a decision to "embrace the weird" and gave in.

Business

Trump reverses position, says North Atlantic Treaty Organisation is 'no longer obsolete'

During a joint press conference with NATO Secretary General Stoltenberg, Trump said NATO "is no longer obsolete" because it has adapted to focus on handling the threat of terror. When conservative radio and television personality and Trump supporter Laura Ingraham shared The Washington Post headline with her 1.4 million followers, they were eager to react to some of the news the president made on Wednesday.

Business

China's exports accelerate in March, import growth moderates

The customs data also showed China's trade surplus with the United States in the first quarter was $49.6 billion, compared with $50.57 billion surplus a year ago. China's exports to the USA rose 19.7 percent in March on-year, while imports from the US rose 15.1 percent. China's first-quarter trade surplus was US$65.61 billion.

Business

Haven trades fade as yen, treasuries erase gains: Markets wrap

In late-morning trades, the benchmark Nikkei 225 Index is losing 219.03 points or 1.17 percent to 18,528.84, off a low of 18,460.59 earlier. ENERGY: Benchmark crude oil rose 1 cent to $53.09 a barrel in electronic trading on the New York Mercantile Exchange.

Business

Dim hope for Trump-Russia rapport as Tillerson visits Moscow

But any expectations of an easy rapport have crashed into reality as the two countries trade escalating accusations over what happened last week in rebel-held territory in northern Syria. "No", Trump said in the interview, which aired Wednesday in the U.S. After the talks, Tillerson warned "there is a low level of trust between our two countries".

Business

Russia vetoes UN resolution to condemn Syria chemical attack

The chief dispute concerned the Syrian government or opposition's culpability for a chemical weapons attack that killed more than 80 people in Syria last week, though broader disagreements over everything from Ukraine to Russia's support for once-fringe candidates in European elections are among other sore points between the former Cold War foes.

Business

US envoy Tillerson meets with Putin in Moscow

How do you know that?" he added". He says both countries have agreed that their lines of communications must stay open. Mr Lavrov admitted relations between the two nations "are not the most calm" and some issues were "time bombs" inherited from the Obama administration.

Business

Wake's John Collins to remain in NBA draft

Collins will hire an agent and declare for the 2017 NBA Draft , ESPN's Jeff Goodman reports. "This was a significant decision for my family and me", Collins said in a release from GU. Collins was at his best in the national semifinals against SC when he was dominant on both ends of the floor. In Gonzaga's victory over SC to advance to the national title game, Collins scored 14 points, grabbed 13 rebounds and blocked six shots.

Business

CEO issues new apology over passenger removal

Oscar Munoz was lambasted for appearing to blame Dao, who was apparently knocked unconscious and then dragged down the aisle with his mouth bloodied, as other passengers pleaded for security staff to stop. Elizabethtown Doctor David Dao refused to leave the plane. He maintained United employees followed established procedures in dealing with the situation.

Business

Wells Fargo Takes Back $75 Million From Former Executives For Scandal

He has apologized in the past for not being more vigilant, even as he insisted most employees behave ethically. Many current and former employees have talked of intense and constant pressure from managers to sell and open accounts, and some said it pushed them into unethical behaviour.


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