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Business

No waivers for Russian Federation sanctions, Treasury tells Exxon

Trump has been keen to improve ties with Russian president Vladimir Putin, but the relationship has soured since the U.S. attacks on Syria last month, and the investigation into Trump's connections to the Kremlin during the election campaign.

Business

France's 11 presidential hopefuls stake out positions on TV

Jones noted yesterday's terror attack in Paris and said Le Pen is the only one responding, proposing that suspected terrorists be expelled from the country. With voters in rebellious mood and many still hesitant about their choices, the identities of the two candidates who will progress to a winner-takes-all May 7 run-off remain anyone's guess.

Business

Jeremy Corbyn: I'm being vilified for fighting the British establishment

For Ms. May, who replaced David Cameron nine months ago and has not yet won her own election, the most important question may be not the size of her margin over Labour, but the composition of the new Conservative parliamentary group. The smaller Liberal Democrats , who lost most of their seats in 2015 after entering coalition with the Conservatives , are hoping to capitalise on their strong support for the European Union to win new support.

Business

United Airlines can't say if video has hit sales

Meanwhile, a #ChineseLivesMatter petition on the whitehouse.gov petitions page demanding a federal investigation into the incident now has over 200,000 signatures with the number continuing to rise even after it was discovered that the passenger was Vietnamese-American, not Chinese-American.

Business

Oil hits 5-week top on geopolitical tensions, strong demand

On Tuesday, the American Petroleum Institute, an industry group, forecast a 1.3 million-barrel fall in US crude supplies, a 3.7-million-barrel decrease in gasoline stocks and a 1.6-million-barrel fall in distillate inventories, for the week ended April 7.

Business

Macron seen winning but Le Pen gains

The following morning, he expanded on that remark by declaring the attack would "have a big effect on the presidential election". And past year, he tweeted that he would "appreciate the congrats" for being right about the dangers of "radical Islamic terrorism" in the aftermath of the Florida nightclub shooting that left 49 dead.

Business

New Residential Investment: How High Can It Fly?

The Company's other investments consist of consumer loans. Compass Point Downgrades New Residential Investment Corp . Now the P/E of New Residential Investment Corp . In contrast to the year ago quarter EPS was at 0. New Residential Investment Corp has an average rating of Buy and a consensus price target of $16.71.

Business

Japan at the Helm Blog Trade Crossroads

A new economic dialogue setting out parameters to enhance economic ties between Japan and the United States recently while on the one hand purports to chart a rosy bilateral trade understanding between both countries has also underscored some long-standing gulfs in economic objectives.

Business

HSBC Reiterated Barclays PLC (LON:BARC) As 'Buy'

Stock research analysts at Credit Suisse have GBX 1175.00 PT on RPC Group PLC (LON:RPC). RPC Group PLC (LON:RPC) has declined 13.71% since September 19, 2016 and is downtrending. After $0.78 actual earnings per share reported by MSA Safety Incorporated for the previous quarter, Wall Street now forecasts -35.90% negative EPS growth.

Business

Miami's Chen pulled from no-hit bid to start 8th vs Seattle

Until that point, three Marlins pitchers had combined to hold the Mariners hitless through 8 1/3 innings of an eventual 5-0 Mariners loss. Of his fantastic catches, the wins of the 2001 season, the multi-hit games and breaking George Sisler's season hit record here, the homer will be added to his fond recollections of playing at Safeco.

Business

British Labour lawmaker says her party is not trying to win election

We understand that, in the immediate run up to an election, signalling a willingness to work with other parties might be hard but we hope you'll agree that the times we are living in require leaders to be courageous and visionary, to actively build a more positive politics.

Business

Champs Elysees shooter was focus of anti-terror probe

A French policeman was killed by a known terror suspect in Paris while two other officers were injured in the exchange. Mr Fillon has also put security centre stage in his campaign, vowing to increase police officers by 10,000 and prison places by 16,000, while stripping French jihadis who fight overseas of their nationality and banning them from returning to France.

Business

OPEC raises its forecast on global demand for oil

Crude oil edged back from a five-week high on April 11, as rising USA shale oil production weighed against support from tensions in the Middle East and production cuts in OPEC and other states. Saudi Arabia, the group's de facto leader, provided numbers directly to OPEC , saying it cut output by 111,0000 barrels a day last month to 9. 9 million bpd .

Business

Nucor Corporation (NYSE:NUE) & ConocoPhillips (NYSE:COP) Stocks Buzz

Blue Chip Partners Inc. purchased a new stake in Nucor Corporation during the second quarter valued at $102,000. Principal Financial Group Inc. now owns 1,359,960 shares of the company's stock worth $67,251,000 after buying an additional 822,886 shares during the last quarter.

Business

Ontario sets tax on foreign buyers to cool housing market

While this is a great policy for tenants in the short term it's not a great policy for our rental market as a whole because it will likely result in fewer rental units in the years ahead - and even higher rents. "I'm very mindful of any unintended consequences from the measures that we take", he said. The other is the Ontario provincial budget, due to be released April 27, which promises to include new measures to cool the housing market.

Business

Canada minister they're looking forward to Trump trade talks

A group of Assembly Republicans, including Speaker Robin Vos, cited the Grassland closure in a letter to University of Wisconsin System President Ray Cross on Tuesday asking him to direct UW researchers to develop more uses for milk. Canada changed its policy on pricing domestic milk to cover more dairy ingredients, leading to lower prices for Canadian products including ultra-filtered milk that compete with US milk.

Business

Hot Stock for Investors: Freeport-McMoRan Inc. (FCX)

The stock's average target of $28 is -4.89% below today's ($29.44) share price. They now have a United States dollars 20 price target on the stock. JPMorgan Chase & Co. Freeport-McMoRan Inc. (FCX) has a mean recommendation of 2.56, according to data compiled by Zacks Investment Research . The stock is presently trading down its SMA-50 of $18.98.

Business

Occidental Petroleum's (OXY) "Neutral" Rating Reaffirmed at Simmons

The number of shares now held by investors is 558.7 Million. Moreover, Hightower Advsr Lc has 0.06% invested in Occidental Petroleum Corporation (NYSE:OXY). Occidental Petroleum's dividend payout ratio is now -400.00%. Ariel Investments Ltd Liability Co reported 61,614 shares. The New York-based Community Bancshares Na has invested 0.01% in Occidental Petroleum Corporation (NYSE:OXY).

Business

President Erdogan says Obama administration deceived Turkey on PKK

The opposition has listed a series of irregularities, but has been particularly outraged by an electoral board decision announced late Sunday to accept ballots that didn't bear the official stamps used to verify they are genuine, as required by Turkish law.

Business

Ontario unveils new measures to cool housing market

Rent control actually won't help Nehrin because she's losing her roommate in September, and will be back on the market soon looking for a new one-bedroom apartment. To its credit, the government plans to collect more data to help guide policy. What will changes to rent control mean to projects now in the pipeline - will they convert to condominiums so the developer can simply sell the units and walk away? The building industry has warned that rent control will discourage the construction ...

Business

U.S. seeks 'win-win' trade relations with Indonesia: Pence

On Wednesday, the Dubai-based airline Emirates said it was reducing US-bound flights after interest waned, citing the ban as a contributing factor. But as he spoke alongside Indonesian President Joko Widodo, Pence reaffirmed the Trump administration's intentions to find "win-win" answers in all facets of America's relationship with Indonesia - from trade to defense.

Business

Oil prices on pace for further losses

Crude inventories fell 1.03 million bbl to 532.3 million last week, the agency reported Wednesday. The dollar index, which tracks the greenback against six major peers, was up 0.23 percent at 99.731 in late trading on Wednesday. Their intraday low was $52.14, also the weakest since April 7. US WTI crude futures rose 1 cent to $52.66 a barrel. It is too soon to talk about Iran, Libya and Nigeria joining the cuts if the output reduction agreement is extended beyond June, UAE Energy ...

Business

United Airlines Passenger Stung By A Scorpion That Fell From Overhead Bin

Eventually, United's chief executive, Oscar Munoz, apologized for the whole fiasco and promised it wouldn't happen again, but by that point, no one really wanted to hear it. When there aren't enough seats, airlines usually ask for volunteers by offering travel vouchers, gift cards or cash. The new cap only applies to passengers who voluntarily give up their seat.

Business

BP well in Alaska leaking gas after unknown incident

The good news is that based on aerial photographs of the well, the oil spill was contained in the gravel pad of the rig that is pumping oil and gas from the well. Employees on Friday morning discovered leaks at the oil and gas well in the Alaskan Arctic about five miles from the remote town of Deadhorse. Alyeska Pipeline Service Co.'s Trans-Alaska Pipeline System, which runs from Prudhoe Bay south to Valdez, isn't affected by this incident and is operating normally, Michelle Egan, a company ...

Business

We can't order UK to return Kohinoor: SC

Kehar said that they are quite surprised how an Indian court can pass an order to bring back something which is the United Kingdom, reports said. Dismissing off the petition by the All India Human Rights and Social Justice seeking direction for bringing back the diamond, a bench headed by Chief Justice Jagdish Singh Khehar observed this.

Business

Verizon (VZ) Lags Q1 Earnings and Revenues Estimate

The stock has "Neutral" rating by Moffet Nathanson on Friday, April 1. Earlier this week, Verizon Chief Executive Lowell McAdam said in an interview with Bloomberg News that he is open to deal talks with companies ranging from Comcast Corp to Walt Disney Co.

Business

No magic wand to cool scorching housing market: Top politicians

Overall the policies were primarily about improving rental affordability and the supply of rental properties. Recent figures show Canada's soaring home prices are more than just a Toronto-area problem - and if the real-estate bubble bursts, few parts of the country would escape the economic blow.

Business

Crude Oil Slinks Near USD52 Despite Demand Hopes

Inventories have been heading back down in the US and dropped by 1 million barrels in the latest week, the Energy Information Administration said Wednesday, a smaller drop than expected. On April 18, oil prices dropped, hitting their lowest in 11 days, following the US Energy Information Administration said it estimates for a combined 124,000 barrels-per-day growth in US shale production over May, Reuters reported .

Business

Brent oil rises for 8th day on possible extension to supply cut

Industry data was said to show US crude supplies fell last week and OPEC's monthly report said global inventories dropped in February. Brent for June settlement climbed as much as 28 cents, or 0.5 percent, to $55.52 a barrel on the London-based ICE Futures Europe exchange.

Business

Trump takes first step toward H-1B reform

Mr Trump will direct the departments of State, Justice, Homeland Security and Labour to propose reforms to the scheme, which allows American employers to bring foreign workers to fill USA jobs. Trump claims that several India IT companies have "abused" the USA visa policy by sending less-qualified professionals to the US. But said the problem is the visas are awarded in a random lottery.

Business

Lavalin to acquire Atkins

The two parties have now shaken hands on that price, which is a 35% premium to Atkins' closing on March 31, 2017, they said on Friday. Shares in WS Atkins closed at 1,982.00p on Thursday in London. Bruce said the deal would boost SNC's position in its nuclear, rail and transportation and infrastructure core businesses, while reducing its exposure to oil and gas.

Business

Canadian inflation rises less than expected in March, core CPI eases

The Canadian dollar settled at C$1.3503 to the greenback, or 73.91 USA cents, weaker than Thursday's close of C$1.3472, or 74.31 US cents and its first close above C$1.35 since March 9. Transportation price growth decelerated to 4.6 percent year-on-year in March from February's 6.6 percent. Food prices continued a downward trend, falling 2.1 per cent, led by lower prices for bakery and cereal products, and fresh fruit.

Business

Kansas regulators reject $12.2B Westar sale to Great Plains

A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. The stock has an average rating of "Buy" and a consensus target price of $31.88. The high and low revenue estimates for the current quarter are $692.64 Million and $667.49 Million, respectively. Investors of record on Monday, February 27th were issued a dividend of $0.275 per share.

Business

Millennials differ from other generations in almost every regard

The Changing Economics and Demographics of Young Adulthood report has studied the young adult way of life in America for the past 40 years. "The ideal age most Americans believe they should be financially independent from their parents is 21, but only 28.9 percent are actually reaching that goal", said Jonathan Vespa, the author of the report.

Business

Back to the ballot box: UK lawmakers back June 8 election

Votes in France in April and May, and in Germany in September, have the potential to reshape the political landscape around the two years of Brexit talks with the European Union expected to start in earnest in June. Philip Dunne, MP for Ludlow, said the logic of holding an early general election was "quite compelling". "That is what our plans for Brexit and our plan for Britain will deliver, and that is what the Conservative Party will be offering at this election".


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