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Mnuchin urges IMF to enhance FX surveillance

IMF Managing Director Christine Lagarde, speaking at the same briefing as Carstens, said the statement reflects support for her global policy agenda, which includes a call for countries to "not leave the mounting economic consequences of climate change for future generations".

Business

Oil hits two-week low as gasoline inventories build

The US government's Energy Information Administration Wednesday reported a drawdown in commercial crude inventories for the week ended April 14, which should have been a bullish influence, but was overshadowed by a bearish build of 1.57 million barrels in gasoline stocks, against analyst expectations of a 2-million-barrel decline.

Business

Marine Le Pen slips behind Emmanuel Macron in French election race

Sunday's round of voting will be followed by a second-round runoff on May 7 between the top two candidates. That's the conclusion drawn by Charles Gave, founder of Hong-Kong based asset-allocation consultancy GaveKal Research, who predicted the triumph of Donald Trump in the USA election, and is now betting on a win for the anti-euro National Front candidate.

Business

No more last-minute booking for United employees, airline says

United Airlines has reportedly been reviewing several of its policies after a video leaked six days ago of officers violently booting a passenger from one of its flights. However, on an interview with Good Morning America, Munoz stated that he will not step down as the CEO of United Airlines. The 30 percent of respondents who said they hadn't heard about the airline recently were split almost 50-50 when it came to identical United or American flights.

Business

Wynne lays out plans to cool Ontario's sizzling housing market

Ontario is taking action to make housing more affordable for homebuyers and renters by introducing the Fair Housing Plan . But several economists say that rent control isn't the solution to Ontario's housing problem. The province promises to introduce legislation that would enable Toronto and other cities to introduce a vacant home tax on empty homes. But Geordie Dent, a representative of the Federation of Metro Tenants Associations, says it's a myth that rent control limits the ...

Business

Here Are All the Airlines That Have Trolled United - So Far

Global outrage spread to Vietnam on Wednesday after it emerged that Mr Dao was born there, contradicting earlier reports that he was from China . He described the removal by airport police as "truly horrific". He promised that a city investigation would "ensure nothing like this ever happens again".

Business

Russian Federation slashes output by 300000 barrels in compliance with OPEC cuts

The report also showed that gasoline inventories decreased by 2.973 million barrels, compared to expectations for a draw of 1.721 million barrels, while distillate stockpiles fell by 2.153 million barrels, compared to forecasts for a decline of 0.885 million.

Business

United Airlines' Corporate Clients Are Pushing for Customer Service Fixes

Mr Munoz says he takes full responsibility "for making this right " after the April 9 incident on board a United Express plane in Chicago. " The flight 3411 incident, while undoubtedly a public relations disaster, will most likely not materially affect United's medium- to long-term financial and operational performance ".

Business

Trump congratulates Erdogan on disputed Turkey referendum

The opposition has been particularly incensed by a last-minute move from the YSK to accept ballot documents in envelopes without an official stamp. During Sunday's referendum, Turkish citizens supported the government-backed constitutional changes to shift to a presidential system, and therefore broaden the sitting president's powers.

Business

What Analysts are Predicting For Fortive Corporation (FTV), Parker-Hannifin Corporation (PH)?

Hess Corp now has $14.88B valuation. A number of other brokerages have also recently issued reports on HES. Municipal Employees Retirement System of MI boosted its stake in Hess Corp.by 0.4% in the third quarter. will post ($3.26) EPS for the current year. The firm also recently declared a quarterly dividend, which was paid on Friday, March 31st. The ex-dividend date of this dividend was Monday, March 13th.

Business

Last Traded Price Fluctuations: Medical Properties Trust, Inc.'s (MPW)

Company insiders own 1.44% of the company's stock. Medical Properties Trust, Inc. Texas Permanent School Fund now owns 223,230 shares of the real estate investment trust's stock worth $3,297,000 after buying an additional 41,348 shares during the period.

Business

Trump's budget chief: Money for border wall a must

One sticking point remains President Donald Trump's quest for funding to construct a wall on the southern USA border, Mulvaney acknowledged. Budget director Mick Mulvaney has demanded that any stopgap spending bill include funding for Trump's border wall - a proposal loathed by Democrats, who would have to give any bill at least eight votes to pass the Senate.

Business

Horford, Thomas lead Celtics over Bulls in Game 3

On Friday afternoon, New England Patriots quarterback Tom Brady shared a motivational message for Thomas on Instagram , saying "It's how you come back..." Chicago leads the series 2-1 after winning the first two games in Boston. Chicago made it close in the second quarter, but Boston ripped it back open with a 32-point third. Dwyane Wade led the Bulls with 18 points. "We're going to miss him, the pace that he sets for the team, the leadership that he brings, and the way that he ...

Business

Oil Prices Fall to 11-day Low on US Shale Output Surge

Crude futures were trading more than 30 cents higher in Asia early Thursday, but the recovery, against a rout of almost $2/barrel at the previous day's close, was more likely bargain-hunting than the start of a full correction, as the weekly counter-seasonal build in U.S.

Business

Australia to help India train 4 lakh trainers, assessors

Australia and India have given priority to Skill Development - aimed at building a capacity of 400,000 Indian Trainers and Assessors over the next few years - the Union Ministry, Rajiv Pratap Rudy, has announced. The discussions between Prime Minister Narendra Modi and Prime Minister Turnbull and the six agreements signed reflect global changes. India has an ambitious nuclear power program but few indigenous uranium resources, and could provide a significant market for Australian uranium.

Business

United CEO says David Dao debacle was 'a watershed moment'

United Airlines published first-quarter financial results on April 17, posting its first-quarter net income at $96 million, diluted earnings per share at $0.31, pre-tax earnings at $145 million and pre-tax margin at 1.7 per cent. He sang a markedly different tune in the days after the incident, apologizing publicly to Dao and telling "Good Morning America" on Wednesday the airline would no longer allow police to haul paying customers off its flights.

Business

Another United Airlines Passenger Threatened with Handcuffs to Give Seat Up

Munoz told ABC's " Good Morning America " that the airline would review its rules to make sure crews were given the power to use their "common sense". Video shot by passengers showing the man's bloodied face went viral on social media, prompting a storm of protest. But they didn't say anything at the gate.

Business

Blake Lively Fires Up At Reporter Who Asks About Her Outfit

Later, at the event, Lively gave a speech in front of a world map that purportedly showed the locations of IP addresses of people now viewing child pornography. "We were taught that growing up, so I look to every woman who's comfortable in her own skin as a boss woman and I'm grateful to have examples of women who I aspire to be and also from my friends who are comfortable with them".

Business

Mike Pence: Working With Allies to Put Pressure on North Korea

U.S. Vice President Mike Pence speaks to U.S. servicemen and Japanese Self-Defense Forces personnel on the flight deck of U.S. navy nuclear-powered aircraft carrier USS Ronald Reagan at the U.S. In the statement North Korea accused American troops of trying to provoke its border guards and warned the US soldiers to stop, or they'd meet a "dog's death any time and any place".

Business

Questions about Ivanka Trump's business and politics not going away

February 20, 2017: Ivanka Trump Marks LLC wins preliminary approval for a trademark covering branded leather handbags in China, where the company has 52 pending or registered trademarks listed in the government trademark database. Bush. "Yet she and Jared appear deeply involved in China contacts and policy". " The federal ethics rules do not require you to recuse from any matter concerning a foreign country just because a business that you have an ownership interest in has a trademark ...

Business

Visa 2Q profits fall, but results still beat expectations

On Tuesday, the Board declared a quarterly cash dividend of $0.165 per share of Class A common stock to all holders of record as of May 19, 2017. Visa Inc shares rose $2.68 (+2.94%) in after-hours trading Thursday. Payment volumes increased to $1.730 trillion, up from $1.252 trillion in 2016. Cross-border volume, a measure of customer spending overseas, increased 132 percent.

Business

Defense Secretary Mattis addresses confusion over carrier

Two days after the announcement, North Korea expressed its fury at the USA carrier group's new orders, calling it "reckless acts of aggression". A senior administration official was also quoted as telling CNN that it was because of a miscommunication.

Business

Corbyn attacks May's plan for snap election despite Parly backing

Mr Paterson also revealed he would like to see the fixed-term parliament act scrapped. It comes after shadow chancellor John McDonnell on Wednesday said the Government should "put the deal to Parliament and possibly to the country overall" and Mr Corbyn dodged a question on the issue in his first keynote speech of the campaign.

Business

United Rentals, Incorporated Posted losses of -5.2% in the Last Trade

Now the shares of United Rentals, Inc. Vertical Research upgraded United Rentals from a "hold" rating to a "buy" rating in a research report on Friday, December 2nd. In addition to Jefferies & Co reporting its target price, a total of 15 firms have reported on the stock. Following the transaction, the vice president now owns 24,781 shares in the company, valued at $3,151,151.96.

Business

MP's back June UK election

Under current legislation, parliaments have to sit for five years before new elections take place. All sides are now gearing up for the fourth major election in four years, after last June's shock referendum vote for Brexit, the 2015 general election, and the 2014 Scottish independence vote .

Business

O'Reilly's ratings rise as advertisers flee

Paul Weiss is the same firm that investigated former Fox News chairman Roger Ailes, who was ousted from the company over harassment allegations. The investigation comes after Bloom and her client, Wendy Walsh , called Fox's workplace misconduct hotline, and placed an official complaint against O'Reilly on Wednesday.

Business

Obama to hold first public event of his post-presidency

Obama will discuss civic engagement and the next generation of leadership with an invited audience that will include young adults from schools in the Chicago area. Over the next four weeks, Obama will give several private paid speeches in the USA and Europe, according to the New York Times . "This is something meaningful to him and he wants to continue those conversations", Lewis said.

Business

Vetr Inc. Lowers Kate Spade & Co (KATE) to Hold

Recently, analysts have updated the overall rating to 2.4. Consumer shares were mainly lower in early trade on Tuesday. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share. Annual earnings per share (EPS) growth was at 0.50% in past 5 Years and Long-term annual earnings per share (EPS) growth is projected to achieve 27.00% in coming 5 years.

Business

The White House Is Preparing For A Government Shutdown Next Week

Congress has until April 28 to clear a spending bill - but negotiations between Republican and Democratic leaders in the House and Senate stalled over the last 24 hours after White House officials showed they wouldn't move on funding the wall, Politico reported on Thursday evening.

Business

Pence says US will honor refugee deal with Australia

Part of Mr Pence's mission while in Australia is to smooth any ruffled feathers caused by Mr Trump who blasted Mr Turnbull over an asylum seeker settlement plan during their now notorious phone call shortly after Mr Trump's inauguration in January.

Business

Tom Wilson plays hero for Capitals in Game 4 win over Leafs

The Maple Leafs first home playoff game of their much-hyped second century belonged to the kids. "I thought we gained confidence in game one, because should we could play, and game two was a big confidence booster for us", he continued. Oshie got the first one for the Caps when he capitalized on a Nate Schmidt point shot sent purposefully wide of the net. Toronto trailed 2-0 in the first period, and then 3-1 early in the second before Kadri and Nylander scored 4:07 apart late to tie ...

Business

Oil pulls back Wednesday as traders eye Cushing build, USA supply

It also revised its forecast for next year's oil prices down 1.9 percent to $55.10 a barrel. Brent crude, the global oil benchmark, rose 0.64% to $56.59 a barrel on London's ICE Futures exchange. The figure is 176,000 bpd higher than what OPEC expected the non-OPEC world to produce this year in its report for February. That means OPEC has complied 104 percent with the plan, according to a Reuters calculation.

Business

Oil Markets React Stoically To Crude Inventory Draw

Gasoline stocks also posted a counter-seasonal build of 1.4 million barrels. Brent crude futures, the global benchmark for oil, were at US$54.77 per barrel at 0354 GMT, down 12 U.S. All oil producers taking part in a supply-cut pact are committed to bringing global inventories down to the industry's five year average and restoring stability to the market.

Business

BHP Billiton plc 21.7% Potential Upside Indicated by Macquarie

Jefferies Group also issued estimates for BHP Billiton Limited's FY2018 earnings at $2.97 EPS. 4 analysts on average are expecting the company to report revenue of $41.67 Billion for the current quarter. The weekly performance is -6.49% for BHP Billiton plc , while the monthly performance measure stands at -6.49%. The company has a market cap of $95.16 billion, a price-to-earnings ratio of 38.37 and a beta of 1.22.

Business

Theresa May's election 'power grab' slammed by EU's Guy Verhofstadt

Labour leader Jeremy Corbyn said the election "gives the British people the chance to vote for a Labour government that will put the interests of the majority first". But the source said: "Any suggestion we are going to change our approach to the inclusion of overseas students in the migration statistics is plain wrong".


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