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Business

British Airways: Company's Computer System Failure Caused by Power Supply Issue

It is not known how many flights are affected but passengers have reported issues with flights to and from Heathrow, Gatwick and Belfast. The latest problem also meant parts of BA's website were unavailable and some travellers were unable to check-in on the mobile app.

Business

Angela Merkel Seems To Have Had Enough

The remarks came soon after G7 and NATO summits, where news reports suggested that not all was well between her and Trump , who is leading the us towards a more protectionist stance on economic issues and has called for NATO to pay for their share of expenditure of the Atlantic military alliance.

Business

Oil prices settle lower on disappointment in OPEC's production policy

Mike Rothman, head of integrated oil research at Cornerstone Analytics, is also convinced prices will ultimately move higher despite supply coming from the U.S., Libya and Iraq. from current levels of around 3bn barrels to 2.7bn barrels. Which countries have stayed out of the deal? Nigeria was exempted from the cut as at then due to activities of militants in the Niger Delta region.

Business

Trump points to travel ban after reports of London attacks

About two hours the incidents were initially reported, television images showed people walking away from the London Bridge area with their hands on their heads. "Following updates from police and security officials, I can confirm that the bad incident in London is being treated as a potential act of terrorism ", May said in a statement Sunday.

Business

Dollar tanks on United States jobs data but stocks scale new peaks

The U.S. economy added a disappointing 138,000 jobs in May and gains in March and April were significantly downgraded, the U.S. Department of Labor reported . The greenback fell to seven-month lows against the euro and Swiss franc, while sliding to a two-week bottom versus the yen. Analysts said the less rosy jobs data was unlikely to derail the Fed from raising interest rates this month.

Business

Real Madrid repeats as Champions League victor

CRISTIANO Ronaldo fired Real Madrid into the history books as they beat Juventus at the Millennium Stadium. He was outright victor for four straight years from 2009-2012, before sharing the accolade in 2014-15 with Ronaldo and Barca team-mate Neymar, when they all struck 10 times in that campaign.

Business

London Mayor: Some injured in attack are in critical condition

In her TV address, May called for tougher measures, including global agreements to regulate cyberspace to help stop the spread of "Islamist extremism", and said Britain needs to become more robust at identifying and stamping it out. His friend Giovanni said he contacted police and the ambulance services, which arrived within around two minutes. Dozens of emergency vehicles could be seen and a wide area around London Bridge was cordoned off as two helicopters hovered overhead.

Business

New polls send Pound rising past $1.29

A poll published on Friday by IPSO Mori for the Evening Standard found 45 per cent of voters were set to vote Conservative, "down four" compared to the last equivalent poll, while Labour were "up six" to 40 per cent. "Meanwhile, Labour's support still relies a great deal on younger people, who in the past have proven less likely to vote". Betting that she would win a strong majority, May called the snap election to strengthen her position at home as she embarked on complicated Brexit ...

Business

Analysts Set Imagination Technologies Group plc (IMG) Target Price at $122.20

The stock was purchased at an average cost of GBX 920 ($11.82) per share, for a total transaction of £145,590 ($187,013.49). Private Advisor Group LLC boosted its position in shares of AstraZeneca plc (NYSE:AZN) by 155.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission.

Business

London Bridge terror attacks: What we know

Witnesses described seeing a speeding vehicle veer into crowds on the bridge, while video showed dozens of people with their hands on their heads escorted away from the scene by officers. The Borough Market is a marketplace, located in the immediate vicinity of the London Bridge , which is a popular weekend destination. "We shall endeavour to extend all possible assistance to all affected and to their families and friends in this hard hour", an Indian High Commission statement said.

Business

Today Abbvie Incorporated (NYSE:ABBV) Reported Decrease in Shorted Shares

It is down 0.00% since June 1, 2016 and is. Its down 0.01, from 0.93 in 2016Q3. Mercer Advisers invested in 349 shares. 97 funds opened positions while 223 raised stakes. Therefore 30% are positive. Intersil Corporation had 20 analyst reports since July 31, 2015 according to SRatingsIntel. 09/01/2016 - Raymond James began new coverage on AbbVie Inc .

Business

US employers add modest 138000 jobs; rate at 4.3 percent

Among the major worker groups, the unemployment rate for Whites edged down to 3.7 percent in May. The report shows that the number of unemployed workers fell by about 230,000 people but that number is skewed. The White House has hailed the rosier jobs reports in recent months and President Donald Trump has vowed to add 25 million new jobs to the economy over a decade.

Business

Upstate NY Republicans Stefanik, Faso: Trump is wrong on Paris climate accord

On Thursday, President Donald Trump announced his decision to withdraw the US from the Paris Climate Agreement . "We just shot ourselves in the foot on this", deMenocal said . Stephanopoulos gave it one last go: "D oes he believe global warming is a hoax?" "We will succeed because we are fully committed , because wherever we live, whoever we are, we all share the same responsibility: make our planet great again", said Macron, tweaking the "Make America great again" slogan promoted ...

Business

We have plans in place for Kohli: Pakistan skipper

With India , who are one of the favourites for the title, and Pakistan ranked no.8, Pakistan skipper Sarfraz Ahmed feels it is India under pressure. Once the pioneers of swing and spin, Pakistan have been left behind. "I remember the India-Pakistan semi-final in the ICC Cricket World Cup 2011".

Business

Friday's US jobs report for May likely to show steady gains

Though the unemployment rate fell one-tenth of a percentage point to its lowest level since May 2001, that was because 429,000 people dropped out of the labour force. That small of a year-over-year increase is worrisome because it's barely enough to keep your head above water. Retailers and manufacturers shed jobs and leisure and hospitality, a category that includes restaurants, increase at a slower rate.

Business

Blow to Donald Trump as U.S. jobs growth slows down

Nonfarm payrolls rose by a seasonally adjusted 138,000 in May from the prior month, the Labor Department said Friday. A separate report from the Commerce Department showed that the USA trade deficit widened by more than expected in April .

Business

French Open Day 6: Djokovic escapes as Nadal dominates

His record now stands at 98-2, with his only two losses coming at Roland Garros. (19) Albert Ramos Vinolas bt. This could well be the WTA match of the tournament, pitting the long-beleaguered - but suddenly resurgent - defending champion against the latest Gallic hope.

Business

China Is Championing Itself As A Leader In Climate Change

Speaking at a business event with Chinese Premier Li Keqiang , Merkel said China and Germany saw the opportunities that globalisation and digitalisation presented and wanted to work together to bring about "global progress together". France, Germany and Italy have mooted the idea of allowing the EU to block Chinese investment in Europe, partly because European companies are denied similar access in China and because of risks of China acquiring prized European technology.

Business

Jobs Added in May; Unemployment Dips Slightly to 4.3 Percent

The unemployment rate is now at a 16-year low, but it appears to have fallen for mostly negative reasons last month. Month-after-month job gains in the 200,000 range are not sustainable longer term. So far, that hasn't happened broadly across the economy. Few foresee another downturn looming, in part because the recovery from the recession has been steady but grinding, with little sign of the sort of overheated pressures that normally trigger a slump.

Business

Oil edges up after dip on disappointing OPEC meeting outcome

So, while OPEC's seemingly unflappable ability to cobble together an agreement has managed to keep a floor under prices this year, the group's tactics haven't fixed the underlying problem. Nigeria was exempted from the cut as at then due to activities of militants in the Niger Delta region. Otherwise, oil's weakness was the standout feature of Friday's markets.

Business

US praises Modi's call for freedom of navigation for peace

His sharp words for both countries suggest he believes China will, out of self-interest, exert leverage on North Korea to halt its nuclear and missile programs even as Washington pushes Beijing to change course in the South China Sea. It is also not clear whether China claims only land territory within the nine-dash line, or all the territorial waters within the line as well. "It creates huge instability for the region; that's not in China's interests, it's not in anybody else's ...

Business

Ronaldo scores twice as Real Madrid win Champions League title

After taking the lead through Ronaldo, Madrid were rocked back on their heels by Mario Mandzukic's stunning overhead kick equaliser before the interval. The Italian champions' defensive wall had been nearly impregnable all season in Europe but was reduced to rubble as Real roared to victory with three goals after the break.

Business

Two-goal Ronaldo fires Real to 12th European title

Ronaldo's two goals fired Real Madrid to a remarkable 12th Champions League title in Cardiff , and the football world looked on in awe as this magnificent sportsmen added to his already glittering legacy. Gareth Bale came on late in his hometown final and soon saw Real captain Sergio Ramos' theatrical reaction earning substitute Juan Cuadrado a second booking, with Asensio compounding matters at the death.

Business

Trust lacking in IL failure to OK budget by deadline

As a result, the state's credit rating is plummeting and taking those of its public colleges and universities with it. IL is now the only state in the nation to go nearly two years without passing a budget. End of session press conference, May 31, 2017 , 4:45pm, Springfield, IL, the Capitol Building, with Gov. Rauner , Senate Republican Leader Radogno and House Republican Leader Durkin making short statements and taking questions.

Business

Racial slur sprayed on LeBron's house: 'It's tough being black in America'

After noting that the vandalism had intruded on "one of the greatest sporting events that we have", James said that if the incident keeps the conversation about racism alive, James said, "then I'm OK with it". "Just shows that racism will always be a part of the world, part of America". "No matter how much money you have, no matter how famous you are, no matter how many people admire you, being black in America is tough ".

Business

#NationalDonutDay: Free Donuts @ Dunkin' & Krispy Kreme

Like past year, Dunkin' Donuts is celebrating National Doughnut Day by giving each customer one free doughnut with the purchase of any beverage. One can print out a coupon for a free standard doughnut at any of their locations . Glazed and Infused locations will even have a Donut Lassies passing out the special donuts and gift cards offering one free vanilla bean glazed doughnut, valid only with any purchase, redeemable June 5 - July 5.

Business

Trump's decision on Paris deal to affect foreign direct investment

In a conversation with the L.A. Times , Governor Brown responded to Trump's announcement that the us would be withdrawing from the pact, saying, "It cannot stand, it's not right and California will do everything it can to not only stay the course, but to build more support - in other states, in other provinces, in other countries".

Business

Trudeau addresses Merkel Trump rift, says Canada committed to Europe and US

But Martin Schulz , leader of Gabriel's center-left Social Democrats, was less emollient earlier in the day when he told reporters President Trump was "the destroyer of all Western values". "This decision can not and will not ... stop us". "The decision of the United States to withdraw from the Paris climate agreement is very regrettable, and I'm expressing myself in a very reserved way when I say that", she said, adding that the deal was needed to protect the environment.

Business

London police respond to second incident

Sky News reported that a white van drove off the road on London bridge and hit five or six people. Two men entered a restaurant at Borough Market , just south of London Bridge, and stabbed two people inside, a witness told CNN on Saturday.

Business

Bale to start against Juve?

He made the difference yet again with two goals to help Real Madrid secure a third Champions League title in four years, as it crushed Juventus 4-1 in a riveting final in Cardiff . Hundreds of Real fans, almost all of them wearing replica shirts, staged impromptu games of football in the busy shopping streets and went through their repertoire of club anthems.

Business

Opec strikes deal to cut oil output for nine months

Oil prices dropped sharply ahead of the announcement. Despite the output cut, the Opec kept exports fairly stable in the first half of 2017 as its members sold oil from stocks. Wood Mackenzie said that, if meetings Thursday result in agreements to a deeper cut in production, oil would move to just over $60 per barrel. Rather than restrain output, US producers are expected to increase output by more than 1 million barrels of oil per day next year.

Business

Theresa May could lose majority in parliament, new poll analysis predicts

The YouGov data suggested that the Tories could lose up to 20 of the 330 seats they held in the last parliament, with Labour gaining almost 30 seats. May, an opponent of exiting the European Union who won the top job in the political chaos following the shock June 23 Brexit vote, used a speech on Thursday in northern England to pitch her vision of Brexit.

Business

Venezuelan People on the Street Defending Nicolas Maduro

Brazilian Foreign Minister Aloysio Nunes Ferreira Filho said in his address that the Venezuelan government must call "free elections", with a "fixed schedule". The nation's dollar shortage, exacerbated by a collapse in oil prices, has left investors trying to gauge the likelihood that the government can keep servicing its debt.

Business

U.S. adds fewer jobs than expected

Although he described the jobs report as "underwhelming", Shaffer said the labor market remains strong and there are no signs of a looming recession eight years into the current economic expansion. This particular measure includes not only the officially unemployed but also part-time workers who would prefer full-time jobs and people who want a job but aren't actively looking for one and so aren't counted as unemployed.

Business

Tillerson backs US to cut emissions

White House officials couldn't tell reporters this week whether Trump has a long-term strategy for climate change . David Taylor, president of the Pennsylvania Manufacturer's Association, said the USA was suffering under the Paris Climate Accord because of the regulations it imposed.


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