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Business

French frontrunner Macron heads to Le Pen country

In an interview in late January, Ms. Le Pen described Macron as an "ideal" candidate to face off with. Macron got the most votes and is the predicted victor, since the other parties are rallying around him in an effort to stop the far-right Le Pen.

Business

India positioned third in ICC ODI rankings after annual update

England gained seven points and climbed up three places on the table to second, while Pakistan, who were ranked seventh previous year, climbed to third place after gaining five points . Number-one ranked South Africa gained four points following the annual update and are now on 123 points , while world champions and second-ranked Australia stayed on 118 points .

Business

United Airlines to Offer $10000 to Bumped Passengers

United also said it would take actions to reduce overbooking flights and improve customer satisfaction. In an interview Thursday with NBC News , Munoz said the airline will refocus its business by "putting the customer at the center" and avoiding issues in which employees, passengers and law enforcement are placed in "impossible situations".

Business

Le Pen Takes Leave As FN Head In French Presidency Bid

Macron, an independent candidate who founded his party En Marche! Two other French police officers were allegedly wounded during the attack before the attacker, reportedly inspired and affiliated with ISIS, was shot and killed by police. French presidential candidate Marine Le Pen has upstaged opponent Emmanuel Macron by making a surprise campaign stop to a home appliance factory. In a conversation with reporters, she said: 'I am going out to meet with the French people in order to draw ...

Business

FCC Chair Proposes Repealing 'Political' Net Neutrality Rules

The future of the Internet looks a lot like it did before 2015 - in the eyes of the new boss at the Federal Communications Commission. Reversing the net neutrality rules "will bring high-speed internet access to more Americans", Pai said .

Business

Southwest Airlines Overbooking Practice Ends After United Fiasco

Dao was pulled from his seat and dragged off the full plane by airport security in Chicago to make room for airline crew. "Both Dr. Dao and I applaud United for promptly addressing the many issues that have plagued passenger satisfaction in the arena of airline customer service", Demetrio said in the statement Thursday.

Business

Police injured in clashes with Paris May Day protesters

French far-right presidential candidate Marine Le Pen arrives at her meeting, Monday May 1, 2017, in Villepinte, outside Paris. Still, the independent candidate said he won't drop his labor law reform plans, as suggested by far-left leader Melenchon, who conditioned his public endorsement for the candidate on such a move.

Business

Dubai to be Uber's testing ground for flying vehicles

Earlier this year, Uber had also revealed that it hired NASA aircraft engineer Mark Moore to work on Uber Elevate, its flying vehicle initiative. The key to accomplishing this goal, according to the white paper , is to build "a network of small, electric aircraft that take off and land vertically".

Business

Oil prices buoyed by USA crude stock dip

Increasing U.S. output is undermining attempts by the Organization of the Petroleum Exporting Countries ( OPEC ) and other major oil producers to curb output and sustain a rally in prices in a market that has been oversupplied since mid-2014.

Business

BP swings to a profit as Brent crude prices rise

Higher oil prices and deep cost-cutting have helped BP record profits of $1.5 billion (£1.2 billion), compared with $532 million in the first quarter of 2016. Finance chief Brian Gilvary said: "We will continue to build a portfolio that is fit for the future". It hopes to add 800,000 barrels per day of new production by the end of the decade.

Business

Oil down slightly in subdued trade after failed North Korean missile test

EIA reported crude oil stocks down 1 million barrels and total stocks down 1.1 million barrels from one year ago. On the New York Mercantile Exchange, crude futures for May delivery fell 0.86% to $52.72 a barrel. Brent crude futures were at $53.34 per barrel at 0715 GMT, up 41 cents, or 0.77 per cent, from their last close. "At 532.3 million barrels, U.S. crude oil inventories are near the upper limit of the average range for this time of year".

Business

Oil hits 11-day low on expected surge in United States shale output

The EIA (U.S. Energy Information Administration ) reported that USA gasoline inventories rose by 1.5 MMbbls (million barrels) to 237.7 MMbbls on April 7-14, 2017. Brent futures were at $52.93 barrel at 1345 GMT, unchanged from their last close. The increasing production largely counteracted figures showing first quarter economic growth of 6.9% in China.

Business

New video shows how Syria and Russian Federation spun the chemical attack

In 2013, following devastating chemical weapons attacks on Damascus suburbs, Syria acceded to the CWC and agreed to comply with the Convention's obligation to fully declare and eliminate its chemical weapons program. Later, we learned that the USA military had information showing the jets used in the chemical attack had been launched from the Al Shayrat airfield in Syria, an airbase where Syrians and Russians were working together.

Business

Trump's costly tax cut plan

Once again, President Donald Trump disappoints. He said bankers saw current regulation as a "black box". The bill in New York's Legislature would require the state to release five years of state tax information for any president or vice president who files a NY state return.

Business

FCC Chairman Ajit Pai Begins to Free the Internet From Burdensome Overregulation

Pai has objected to the FCC's decision to classify broadband as a telecommunications service to be regulated under Title II. There will be a preliminary vote on May 18th for a Notice of Proposed Rulemaking (NPRM). Among the nation's 12 largest Internet service providers, domestic broadband capital expenditures decreased by 5.6% or $3.6 billion between 2014 and 2016 - the first two years of the Title II era, he said.

Business

Iran Sees Positive Signals For OPEC's Output Cut Extension

Non-OPEC oil producers such as Azerbaijan, Bahrain, Brunei, Equatorial Guinea, Kazakhstan, Malaysia, Mexico, Oman, Russia, Sudan, and South Sudan agreed to reduce the output by 558,000 barrels per day starting from January 1 for six months, extendable for another six months.

Business

FCC head spells out plan to roll back net neutrality

Pai said he will make the full text of his proposal available to the public on Thursday. And it's particularly unfortunate to hear the Chairman of the FCC deploy fact-free rhetoric about supposed "government control over the internet" - a baseless distortion of the actual issues at stake in this debate.

Business

U.S. crude oil stocks drop

A preliminary Reuters poll showed analysts expected data to show USA crude oil stocks fell in the week to April 14, building on a surprise decline the previous week. A final decision on whether or not to extend the deal beyond June will be taken by the oil cartel on May 25. Earlier Thursday Saudi Arabia's energy minister Khalid al-Falih said a preliminary agreement to extend cuts had been reached, although negotiations to secure final agreement from all of OPEC's members continued.

Business

Sorry Trump. Your Tax Cut is Not the Biggest in History

Tax brackets: The new plan proposes three tax brackets as opposed to seven (10 percent, 25 percent, and 35 percent). "That's the heavy lift", said Rep. The top tax rate for many small business owners would be reduced from 39.6 percent to 15 percent. Trump proposed on Wednesday slashing tax rates for businesses and on overseas corporate profits returned to the country, in a plan that his fellow Republicans in Congress generally welcomed but viewed as an opening gambit.

Business

U.S. GDP Comes in Below Expectations at 0.7 Percent

The GDP or gross domestic product, the broadest measure of all goods and services produced in the country, increased at a disappointing 0.7 percent annual rate, according to new government estimates released Friday. Many economists are more skeptical. The annualized first quarter growth rate of 0.7% was less than the 1% analysts had been expecting, and a slowdown from the 2.1% growth rate seen in the final quarter of past year.

Business

Trump says he's willing to consider raising gas tax

Since that year, revenue from the taxes has dropped because of inflation and that the average fuel economy of a passenger vehicle increased by 12 percent, according to the US Department of Transportation. Asked about Trump's remarks about the gas tax on Monday, Senate Minority Leader Chuck Schumer declined to weigh in. The bill has been introduced in New York, Massachusetts, California, Rhode Island, New Jersey and Virginia.

Business

US GDP growth slows to a crawl in Q1 2017

Private inventory investment subtracted 0.93 percentage point from the growth in the quarter, compared to a contribution of 1.01 percentage points to the growth in the previous quarter, said the Commerce Department. The pace of USA economic growth in 1Q17 stood at 0.7pc year-on-year, according to a report released by the Commerce Department on Friday. The Associated Press reported economists attributed the sharp slowdown in consumer spending to shrinking utility bills due to warmer ...

Business

Trump wants to slash taxes on businesses

He argued that the difference in revenue that would be brought in by growth of 1.8 percent or growth of 3 percent was "staggering". The concept was popularized as "trickle-down" economics during the Reagan years. But he faces an enormous fight among clashing vested interests as Congress tries to rewrite the tax code. No one - maybe including his staff, apparently - knows for sure what the details of the president's forthcoming tax plan will be, but such confusion and lack of coordination is ...

Business

Google parent Alphabet's profit up 29 percent on strong ad sales

Alphabet's " other bets " division, which includes Nest, Fiber and Verily, did make more money year-over-year, with a $244 million revenue compared to $165 million this time last year. During his call with Wall Street analysts, CEO of Alphabet Sundar Pichai said that the company's excellent properties such as Search, Maps, Google Play and YouTube are made for today's mobile world, where people are actively interested and engaged.

Business

Crude Steadies After Overnight Slide on Supply Concerns

Analysts said they expected crude oil inventories to have fallen by around 1.5 million barrels last week. The dollar index, which tracks the greenback against six major peers, was up 0.23 percent at 99.731 in late trading on Wednesday. Benchmark Brent crude has gained about 19 per cent since the agreement, which took effect in January, and was 17 cents higher at US$55.06 (RM241) a barrel at 10.22am in London.

Business

ANZ statutory profit rises 14% in 1H2017

ANZ says all of its business units performed well in the first half due to the simplification of the business. The bank said it already uses agile to deliver around 20 per cent of technology and digital projects including initiatives such as Apple Pay.

Business

FCC Chairman Sets Public Course for Making New Internet Regulations

Ed Markey (D-Mass.), a member of the Senate Commerce Committee. Those rules ensured that the internet would remain a level playing field for everyone, making the internet America's foundation for information and commerce and communications.

Business

Bears' Pursuit of Mitchell Trubisky Detailed in New Story

That couldn't have been more wrong. Everyone knows the Texans have a need at the quarterback position as Tom Savage isn't viewed as a long-term solution. He might back up Glennon at first, though Chicago is counting on him to develop into the star quarterback the franchise has lacked so many seasons with his arm strength and quickness.

Business

Bottas takes his first F1 victory with Russian win

Russia's Daniil Kvyat from Scuderia Toro Rosso completed his home Grand Prix in the 12th place. The double world champion did not even make it to the start of the race after he parked his auto at the entry to the pit lane on the formation lap following a failure with his Honda engine.

Business

North Korea fires missile, defying US push for new sanctions

Trump has repeatedly called on China, North Korea's neighbor and largest trading partner, to punish the regime in Pyongyang, and has warned Xi that if he doesn't act, the United States will. "We'd love to solve things diplomatically but it's very hard", he said. His administration recently dispatched a carrier group to the Korean Peninsula and pushed forward on adding a USA -backed missile defense system in South Korea over the objections of China.

Business

Advanced Micro Devices (AMD) Earnings: What To Expect

The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink . While taking a look at financials, we can look at a number of key indicators about Advanced Micro Devices, Inc .

Business

United Airlines CEO Oscar Munoz won't be promoted to chairman

An argument between a passenger and flight crew members was recorded and posted to social media . That's what just fired me up, so that was it. The woman, Maciel said , was drunk, smelling of alcohol when she boarded the flight and knocking back four more drinks while in air.

Business

British MPs approve PM May's call for snap election

Professor Martin Smith, head of the University of York's Department of Politics, said: "With a large Conservative majority, the government will be able to get through any Brexit deal". Jeremy Corbyn said a Labour government would stop Mrs. Britain's next national election is now scheduled for 2020, a year after the scheduled completion of two years of European Union exit talks.

Business

American Gods Episode 1 The Bone Orchard

It's an inevitable comparison to the approach of co-showrunner Bryan Fuller (Hannibal ) and his approach to Neil Gaiman's 2001 novel American Gods , a dense, thoughtful meditation on everything from humanity's need for idolatry to the lore of the American road trip.

Business

Glenview Capital Management LLC Purchases New Stake in Apple Inc. (AAPL)

Apple Computer now has $752.93B valuation. American National Bank now owns 51,678 shares of the iPhone maker's stock worth $5,842,000 after buying an additional 4,247 shares during the last quarter. The firm has "Overweight" rating by Barclays Capital given on Friday, July 15. The firm has a market cap of $753.67 billion, a P/E ratio of 17.24 and a beta of 1.26.


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