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Boeing Co signs defense, commercial deals with Saudi Arabia

This partnership will also contribute directly to the Kingdom of Saudi Arabia's localized defense ecosystem with regional expert capabilities, and will provide a long-term foundation for Saudi Arabia's economic development. "In 2013, the company was renamed Boeing Saudi Arabia to reflect the broad scope of Boeing activities; today, Boeing Saudi Arabia supports the execution of all Boeing Defense, Space & Security and Boeing Commercial Airplanes programs in Saudi Arabia", the company said .

Business

Iranian president calls US relations 'a curvy road'

President Rouhani is a moderate and reformist figure in Iranian politics known chiefly for negotiating a deal on Iran's nuclear power that ended up controversial both with the Western powers that signed it and in Iran. to roll back sanctions, or to step up investment in the areas they allow. "If you know of a case where America acted correctly, you tell me". Iran's Supreme Leader Ayatollah Khamenei has welcomed Rouhani's reelection as bolstering democracy.

Business

Germany's SPD lose power in home state as CDU surges under Merkel

Angela Merkel's Christian Democrats have toppled the Social Democrats from their traditional stronghold in North Rhine-Westphalia. She is thought to have lost the debate on security, education, transport, immigration, and the comparatively high unemployment rate.

Business

No class: Students shout down Betsy DeVos' graduation speech

But within minutes of speaking, DeVos was booed furiously by graduates and attendees of the commencement ceremony. "You don't even know the history of HBCUs, how are you going to encourage us for the future", she said. U.S. Education Secretary Betsy DeVos spoke and was booed several times Wednesday at the Ocean Center in Daytona Beach. "Having DeVos speak at the commencement ceremony is an insult to the BCU graduating class, students, alumni, family, friends and Dr.

Business

PennTex Midstream Partners, LP (NASDAQ:PTXP) Surges 21.00% For the Week

The ERP5 of PennTex Midstream Partners, LP (NasdaqGS:PTXP) is 17151. It has outperformed by 22.86% the S&P500. Summit Midstream Partners, LP focuses on developing, owning and operating midstream energy infrastructure assets. On Tuesday, September 15 the stock rating was upgraded by Stifel Nicolaus to "Buy". The firm has "Accumulate" rating given on Friday, March 24 by Johnson Rice.

Business

Outrage, elation over Oscar Lopez Rivera's release and parade honor

But for Joseph Connor , who was 9 when his dad, Frank, was killed in a NY restaurant bombing that Lopez Rivera had helped organize, the struggle is much more personal. Congress through the controversial law known as PROMESA to restructure the island's debt. But that pales into insignificance compared to the 36 years Lopez Rivera spent behind bars.

Business

US, Europe discuss new laptop ban on flights

In a joint statement after the meeting, the U.S. Department for Homeland Security and the European Commission said they had discussed how to confront "the serious evolving threats to aviation security". United States officials had previously said they were looking into extending to Europe a ban on electronic devices on flights originating from 10 airports in eight countries including the UAE, Saudi Arabia, Qatar and Turkey, over alleged concerns that bombs could be hidden in the devices.

Business

Oil prices hit month-high on optimism ahead of OPEC meeting

Now, OPEC and other oil producers are in the hard position of extending their 1.8mb/d output cut in order to keep markets balanced. June West Texas Intermediate crude tacked on 55 cents, or 1.1%, at $50.88 a barrel. Iraq , where oil revenues make up almost 95 percent of the budget, has been reeling under an economic crisis since 2014, when oil prices began plummeting from a high of over $100 a barrel.

Business

EC defers biennial Rajya Sabha polls

The EC said that the process of the Rajya Sabha election may interfere with the preparatory work for election of a new President. An official statement from the poll panel on Monday withdrew an earlier statement announcing the election dates.

Business

Here's Why NRG Energy, (NRG) Trending These Days

The rating was downgraded by RBC Capital Markets on Wednesday, October 21 to "Sector Perform". Barclays PLC reissued an "overweight" rating and issued a $20.00 price objective (up from $19.00) on shares of NRG Energy in a research note on Sunday, April 23rd.

Business

Higher taxes in Australia's 'better times' budget

Treasurer Scott Morrison promised to deliver a small A$7.4 billion ($5.4 billion) surplus in 2020/21, an improvement on the A$1.08 billion it forecast in the mid-year review in December. Economic nuts and bolts aside, there is big spending in infrastructure and education, while the $13 billion in so-called "zombie" measures from Joe Hockey's ill-fated 2014 budget - stymied by the Senate - have been dumped.

Business

Greece looks for debt help after backing further cuts

France is confident that Greece and its worldwide lenders can reach a deal on additional measures of debt relief for Athens in June, the French finance minister said on Monday at the end of a euro zone meeting that ended with no agreement. Subsequent talks, aimed at reaching a comprehensive agreement that also tackles Greece's debt, were trickier. Dijsselbloem said the International Monetary Fund welcomed the progress made by Greece, and was "impressed" by the reforms undertaken by Greece ...

Business

Bitcoin shoots past $2000 in value

Though Bitcoin and other lesser known digital currencies continue to gain steam and legitimacy with a more mainstream group of consumers, some watchers warn that a cryptocurrency bubble is now underway. Bitcoin has been on a tear this year, as this chart from Coindesk shows . It took That's according to a range of bitcoin exchanges, including Coinbase and Kraken .

Business

Pacific ministers commit to move ahead with pact without US

It includes strong protection for intellectual property and measures to protect labor rights and the environment. As chair of the meeting, Vietnamese Minister of Industry and Trade Tran Tuan Anh said Vietnam, as host of Apec 2017 events, "continues to affirm its determination of deepening worldwide integration, considering the Asia-Pacific region and the regional co-operation mechanism such as Apec Forum a focus of the country's foreign policy".

Business

Saudi Arabia and Russian Federation signal oil-cuts extension into 2018

The EIA forecast that US oil demand for 2017 will grow 290,000 bpd, up from its previous forecast for 250,000 bpd growth. Russia's energy minister noted, "we are discussing a number of scenarios and believe extension for a longer period will help speed up market rebalancing".

Business

New French government unveiled, Le Drian foreign minister

FILE - In this Aug.31,2016 file photo, French former Agriculture minister Bruno Le Maire speaks in Jouy-en-Josas, south of Paris . Newly inaugurated centrist French president Emmanuel Macron unveiled his slate of cabinet ministers on Wednesday afternoon, appointing a blend of political shades to the top jobs as part of his promise to bridge the right-left divide.

Business

Mueller Probe Reportedly Will Investigate Possible White House Cover-Up

The document was based on notes taken inside the Oval Office and the Times reports it has been circulated as the official account of the meeting. Another 55% said Trump's disclosure made them feel "not confident" with his ability to handle highly classified information, while almost as many (52%) said the disclosure made them feel "not confident" in the President's ability to keep the country safe from terrorism.

Business

Mnuchin Says G-7 Nations More Comfortable With New US Economic Approach

Mnuchin meets with Padoan May 11. BARI , Italy-Finance chiefs from the world's largest industrialized economies sounded a note of cautious optimism this weekend on US plans for a tax overhaul, and agreed to bolster the financial system against increasingly sophisticated cyberattacks.

Business

DAVENPORT & Co LLC Has $651000 Position in Nike Inc (NKE)

Sold All: 84 Reduced: 443 Increased: 405 New Position: 112. Schmidt P J Investment Management Inc. increased its stake in Nike by 0.3% in the third quarter. (NYSE:CRM) has "Buy" rating given on Thursday, June 2 by SunTrust. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.34%.

Business

Wal-Mart tops 1Q profit forecasts

EXPECTATIONS EXCEEDED: Autodesk vaulted 15.6 percent after the design software company raised its earnings forecast for the year and reported a loss in its latest quarter that was narrower than analysts were expecting. That was fueled by customer traffic increase of 1.5 percent. It offered 10 million a year ago. Target on Wednesday reported first-quarter adjusted earnings of $1.21 per share, above the Street view of 91 cents per share.

Business

Sinclair Pharma PLC (SPH) Given Consensus Recommendation of "Buy" by Brokerages

Stockholders of record on Thursday, April 6th will be paid a GBX 15.88 ($0.20) dividend. It has by 0.00% the S&P500. Therefore 67% are positive. Nex Group Plc had 14 analyst reports since January 9, 2017 according to SRatingsIntel. On Monday, April 18 the stock rating was maintained by Citigroup with "Neutral". The company was downgraded on Wednesday, August 31 by Argus Research.

Business

New death in Venezuela puts toll at level of 2014 unrest

Looting and attacks against security installations erupted overnight in the state of Tachira, which borders Colombia, authorities said . Venezuela's opposition party controls a majority of the Assembly but has been slowly weakened by Maduro since they won elections in 2015.

Business

Ford replaces CEO in push to transform business

Tesla along with Waymo and Google overtook the Ford market cap last month; this could have been another influential factor behind the change of CEO. Fields has been under fire throughout his three-year tenure at Ford, where the automaker's share dropped by 40 percent.

Business

How Many J Sainsbury plc (LON:SBRY)'s Analysts Are Bullish?

The company has an average rating of Hold and a consensus price target of $349.47. Therefore 80% are positive. Vodafone Group PLC had 259 analyst reports since July 22, 2015 according to SRatingsIntel. The company was maintained on Wednesday, October 5 by Panmure Gordon. Stifel Nicolaus restated a "buy" rating and issued a GBX 71 ($0.92) price objective on shares of Sinclair Pharma PLC in a report on Tuesday, March 21st.

Business

Tesla: Free Supercharging Has a Cost

Tesla Inc. (NASDAQ: TSLA) has rescinded a policy it established last November that limited free battery recharging at its Supercharger stations to 400 kWh annually for vehicles ordered after January 1, 2017. However, Tesla says new users can still take advantage if they get another driver to give them a referral code. Namely, you have to buy a new Tesla with someone else's referral code.

Business

France will continue working alongside Africans - Macron

Macron, who took office as France's President on Sunday, went to Mali on his second foreign trip, after first visiting Germany for talks with Chancellor Angela Merkel in Berlin , a traditional first trip for every new French leader in the past few decades.

Business

Ford job cuts won't affect Louisville plants

Ford declined to comment on any job cuts but said it remains focused on its core strategies to " drive profitable growth ". The Ford Motor Company is planning to cut its global workforce by about 10%. "Fields was extremely candid about the market challenges including slowing US sales, pricing pressure and rising commodities", UBS said in a research note Monday.

Business

Manchester City secure third spot with five-star performance at Watford

Despite spending £47.5m on John Stones, £37m on Leroy Sane, £27m on Gabriel Jesus, £20m on Ilkay Gundogan, £15.4m on Claudio Bravo and £13.8m on Nolito, City failed to challenge champions Chelsea in the league. Despite his misgivings about City's chances against the top clubs in Europe next season, the manager was relieved to have secured third place in the Premier League and so avoided a qualifying round.

Business

LeTV founder Jia steps down as CEO

Longtime Lenovo executive Liang Jun will replace Jia as chief executive at Leshi. Leshi's finance chief Yang Linjie, who resigned for personal reasons, will also be replaced by Zhang Wei. Local media reported that the company is preparing for over 1,000 jobs cut across its businesses. "Leshi should focus on what they're strong at, which is their core business in content.

Business

Angela Merkel's party wins vote in heartland of rivals in Germany

French President Emmanuel Macron's office is delaying the announcement of the new government while authorities check the tax records and backgrounds of potential ministers. Mayor of his hometown of Le Havre, the German-speaking father of three, who writes crime novels in his spare time, was elected to parliament in 2012.

Business

Ford replacing CEO Mark Fields

Under Fields, Ford achieved a record pretax profit of $10.8 billion in 2015 after the company's new, aluminum-sided F-150 pickup went on sale. "We do not comment on speculation or rumors", Ford said in a statement. But time is racing ahead in the global auto industry, and Ford can not afford not to address a leadership problem unlikely to get better with time. Fields has been faced with a new set of challenges for the auto industry.

Business

TBC Bank Group PLC (TBCG) Rating Reiterated by Peel Hunt

Unilever N V (NYSE:UN) had a decrease of 15.95% in short interest. About 1.45 million shares traded. With 558,700 avg volume, 10 days are for Ubran Edge Properties (NYSE:UE)'s short sellers to cover UE's short positions. The stock of AbbVie Inc (NYSE:ABBV) has "Buy" rating given on Friday, October 23 by UBS. BNP Paribas maintained the shares of BP in report on Friday, July 24 with "Neutral" rating.

Business

Game Digital PLC's (GMD) Hold Rating Reaffirmed at Liberum Capital

Cantor Fitzgerald maintained the stock with "Buy" rating in Monday, December 5 report. 27/07/2016 - Victrex plc had its "Neutral" rating reiterated by analysts at Exane BNP Paribas. The Company's primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation. After $0.42 actual earnings per share reported by Washington Prime Group Inc for the previous quarter, Wall Street now forecasts -2.38% negative EPS growth.

Business

Coal ex-Secretary gets two-year jail; gets bail

Apart from former coal secretary, the other two bureaucrats who have been convicted and sentenced are KS Kropha, former Joint Secretary in the Ministry of Coal, and KC Samria, former director in charge of coal allocation. Though the coal blocks were alleged to have been allotted under UPA I during 2004-09, a CBI probe was instituted in 2012. The court had in October previous year framed charges against the accused observing that former prime minister Manmohan Singh was kept in the "dark" by ...

Business

Unruly Passenger in Trump Hat Delays United Flight

It came while the plane was grounded at the Shanghai Pudong International Airport. Over time, the elderly Trump supporter became more and more disruptive, forcing passengers to exit the aircraft while police officers entered. At one point, the man also referred to a fellow passenger a "stupid friend over here that don't know how to speak English" and a "moron", one video shows .


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