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London terrorist on bail at time of attack

A security source said Butt was well known to Scotland Yard as a "player" in al-Muhajiroun, adding he was the subject of frequent police attention and was "on bail until quite recently, possibly at the time of the attack" for minor offences.

Business

Ways to Play the Crude Oil Carnage

United States benchmark futures have slid more than 11 per cent in ten days of trading. Libya and Nigeria's combined January-May average output of 2.312 million barrels per day is now 101,000 barrels per day higher than their October levels, the benchmark month against which the rest of OPEC members' cuts are determined, according to the S&P Global Platts survey.

Business

German Industrial Production Growth Tops Expectations

Manufacturing grew 0.8 percent compared with the previous month, adjusting for seasonal effects, federal statistics authority Destatis said. The growth figures for April was pumped up by 5.7% expansion in energy production and 0.1% boost from producer goods manufacturers.

Business

Asian shares drift lower as United Kingdom vote, European Central Bank meeting loom

The dollar index stood at 96.695 .DXY =USD , near Wednesday's seven-month low of 96.511. The Australian dollar bounced from an earlier dip to last trade at US$0.7490, little changed on the day, after the Reserve Bank of Australia kept interest rates at a record low of 1.5%, as expected, while their economic assessment was not as bearish as some had braced for.

Business

India's Infosys shares fall on media report of stake sale by founders

Infosys on Friday denied several media reports that the founders of India's second biggest software services exporter were looking to sell their 12.75 stakes in the company. Any stake sale is most likely to take place through stock market block deals, and in tranches, the report added. When contacted for a statement, Nandan Nilekani said, "I do not comment on Infosys".

Business

'50/50 chance' of Theresa May resigning after election

MUFG currency strategist Lee Hardman said: "The market wants more clarity now in terms of who is going to be Prime Minister, what form the government is going to take and ultimately how all that feeds through into upcoming Brexit negotiations ".

Business

Natura Cosmeticos unexpected victor of Body Shop bidding war

For much of that period, the 3,000-store business struggled to contend with tough competition, leading L'Oreal to announce in February that it was exploring its options. Natura fought off a number of other bidders for The Body Group, including private equity group CVC and China's Fosun. Founded in 1969 in São Paulo by Luiz Seabra, who remains the company's biggest shareholder, Natura is the largest Brazilian cosmetics company.

Business

British police confirm 8th person killed in London Bridge attack

The Metropolitan Police says the body was found Tuesday downstream from the bridge. British police on Tuesday (June 6) searched a house in Ilford, east London believed to be linked to one of the London Bridge attackers. The Times newspaper also said it had obtained footage of the men laughing and joking five days before the attack as they met outside the Ummah Fitness Centre, a gym in east London where Butt trained.

Business

British Airways travelers face third day of delays, cancellations

Speaking to the BBC , Cruz said the power surge "only lasted a few minutes", but the back-up system had failed. CEO Alex Cruz apologized to customers and promised that a majority of affected passengers would reach their destinations by Monday.

Business

Westpac Banking Corp Cuts Stake in Federal Realty Investment Trust (FRT)

Delta Asset Lc Tn owns 5,025 shares. After $0.40 actual EPS reported by Acadia Realty Trust for the previous quarter, Wall Street now forecasts -10.00% negative EPS growth. Walleye Trading has invested 0% of its portfolio in Physicians Realty Trust (NYSE:DOC). Macquarie Group Inc accumulated 25,700 shares or 0% of the stock.

Business

Technical Levels Under The Lens For Mid-America Apartment Communities Inc (MAA)

The ATR basically measures the volatility of a stock on a day-to-day basis. Although the CCI indicator was developed for commodities, it has become a popular tool for equity evaluation as well. The Williams Percent Range or Williams %R is a technical indicator that was developed to measure overbought and oversold market conditions. In general, if the level goes above -20, the stock may be considered to be overbought.

Business

Pound dives as UK plunges into new period of uncertainty

At the time of writing the EUR GBP exchange rate was trending around 0.87 and the GBP EUR exchange rate was trending around 1.13. A statue of former British Prime Minister Winston Churchill silhouettes in front of the Houses of Parliament the day after Britain's national elections in London, Friday, June 9, 2017 .

Business

United Kingdom election puts Brexit talks in doubt

Labour had won 261 seats. Reuters calculations based on partial election results showed May could no longer win an outright majority, leaving Britain with a " hung parliament ". They can traditionally rely on the support of Northern Ireland's Democratic Unionist Party , which holds 10 seats. A minister texts to say the Tory party is an "absolute monarchy, ruled by regicide and that's the territory we are in".

Business

UK Exit Poll Suggests PM May's Election Gamble Has Backfired

Pundits had expected the UKIP vote to go strongly to the Conservatives . "Corbyn ran a way better campaign, he got to more places and got more people to come out to his rallies", said Labour supporter Alisa Hall outside the London building where Corbyn's votes were counted.

Business

Defiant Qatar rejects interference as crisis grows

The disagreement is longstanding. It is also host to Al Jazeera , the nearest the Middle East has to an uncensored broadcaster (so long as it does not criticise the Qatari monarchy). - In Berlin, foreign ministry spokesman Martin Schaefer says that while statements from the US Department of State were in line with Germany's position, "I can indeed see differences in some 140 character comments by the American president".

Business

Tillerson: Trump's Not 'Walking Away' From Addressing Climate Issues

McAuliffe, a Democrat, has been highly critical of Trump's decision to leave the Paris agreement , and recently announced plans to regulate and cap carbon dioxide emissions from power plants in Virginia fired by fossil fuels. Since Trump's announcement , many mayors and governors have been stepping forth to declare their continued commitment to fighting climate change. Experts said the groundswell of support from the private sector, big states such as NY and California, and state and ...

Business

KFC brand name pulled into coverage of London terror attack

A 22-year-old Italian national of Moroccan descent was living in east London and reportedly worked in a restaurant in the capital. Corriere wrote that Zaghba was stopped at Bologna airport in 2016 when he was trying to fly to Syria via Turkey, and that Italian authorities had tipped off Britain about his movements.

Business

Quotes from former FBI Director James Comey's testimony

James Comey testifies in Senate hearing "It's my judgment that I was sacked because of the Russian Federation investigation", Comey told the Senate intelligence committee in explosive testimony that threatened to undermine Trump's presidency.

Business

Keidel: Durant Might Finish On Top This Time, But LeBron's Still King

The league and National Basketball Association owners wanted to smooth that rapid rise in over several years to prevent this kind of thing, but the players union - of which LeBron is a VP - shot that idea down. "Oh yeah, we coming back", Smith said, "I wouldn't be me if I didn't think that". When the Cavs trailed the Golden State Warriors 2-0 previous year, these very same Kevin Love trade rumors popped up, and he has become an easy scapegoat for the team when it loses.

Business

WWDC 2017: Apple introduces HomePod, an Amazon Echo rival

HomePod is created to work with the Apple Music subscription service and can produce rich sound while tapping into the artificial intelligence power of Siri . A survey released last month by research firm eMarketer found Echo speakers held 70.6 percent of the United States market, compared with 23.8 percent for Google Home.

Business

Man with knife 'holds staff members hostage' at Newcastle Job Centre

A knifeman has been holding employees of a Job Centre in Byker, Newcastle , Northern England hostage Friday. The local administration has also suspended the Tyne and Wear Metro between Byker and St James' Park and have cautioned members of the public against heading towards the area.

Business

Fayetteville mayor meets with Trump at White House

But the controversies and distractions in Washington continued to dog the president throughout the day. Mr. Withrow said before ObamaCare, his business could easily absorb premium increases of 5-10 percent, but under the Affordable Care Act he saw prices skyrocket 30 to 50 percent to insure his employees.

Business

Next iOS update will not be available to iPhone 5 owners

While manufacturing has been said to be delayed because of supply issues, mass production of the new iPhones has now started, Latvian designer Benjamin Geskin noted in a tweet yesterday. iOS 11 features AirPlay 2 . You can now mark up a PDF or screenshot "faster and more easily", according to Apple. The alternatives might not have exactly the same look and features, but in most cases you should be able to find a decent replacement.

Business

Carlson Capital Management Boosts Position in PepsiCo, Inc. (PEP)

Stadion Money Management Llc who had been investing in Pepsico Inc for a number of months, seems to be bullish on the $165.06B market cap company. The stock rose 0.51% or $0.6 reaching $117.65. (NYSE:PEP) was sold by Tanner Kirk . About 2.06 million shares traded. BLOCK ARTHUR R had sold 10,215 shares worth $380,407 on Friday, March 24. 23,585 shares valued at $2.57 million were sold by Laguarta Ramon on Tuesday, February 28.

Business

N. Korea rejects latest UNSC resolution, vows to continue

The decision, adopted unanimously by the 15-member body, condemned "in the strongest terms" North Korea's nuclear weapons and ballistic missile development activities, including a series of ballistic missile launches, the UNSC said in a statement.

Business

Worth Watching Stock: Kinross Gold Corporation (KGC)

Kinross Gold makes up about 1.6% of Van ECK Associates Corp's portfolio, making the stock its 12th largest position. Investors measure stock performance on the basis of a company's earnings power. TRADEMARK VIOLATION WARNING: This piece was posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are accessing this report on another website, it was illegally stolen and republished in violation of global copyright laws.

Business

Trump calls for rebuilding transportation systems, blasts Democrats as obstructionist

The speech comes a day before former FBI Director James Comey is set to testify in front of Congress and as the White House faces new allegations about possible efforts by the president to influence the investigation into potential ties between his campaign and Russian Federation.

Business

LeBron not faulting Warriors for building powerhouse team

He can make an great team arguably the best ever . They became the first team to triumph after falling into a 3-1 finals deficit when they beat the Warriors in seven games past year. Not after getting this close, not after enduring so much heat for turning his back on the Thunder, not with a chance to put the Cavaliers in an insurmountable hole.

Business

White House says Trump 'absolutely' has confidence in Sessions

Tuesday afternoon, White House press secretary Sean Spicer declined to say whether Trump has confidence in Sessions . Acosta noted the over 48 hours that passed between the report and Sanders's rebuke, the first official White House refutation of the idea that Sessions might be on his way out for having criticized the president.

Business

House GOP backs bill to undo much of Dodd-Frank

Republican supporters of the bill claim it stifles small business and the domestic economy with too much regulation. President Donald Trump had said he wants to do "a big number" on what is known as the Dodd-Frank Act. It also scales back the authority of the Consumer Financial Protection Bureau , a major effect of Dodd Frank created to guard consumers against abuses in lending and advertising for financial products.

Business

USA crude oil inventories are still above historic norms — CHART

Before the EIA report, benchmark West Texas Intermediate (WTI) crude for July delivery traded down about 1% at around $47.62 a barrel, and it slipped to around $46.10 shortly after the report's release. Gasoline inventories, one of the products that crude is refined into, rose by 3.324m barrels against expectations for a rise of only 580,000 barrels while distillate stockpiles unexpectedly rose by 4.4m barrels, compared to expectations of a 280,000 rise.

Business

Thiem to face Nadal in semis

Djokovic's struggles with his game deepened as the match wore on, making some uncharacteristic unforced errors, while Thiem was expertly constructing points, and things got worse for the 12-time Grand Slam victor in the third, as he was bageled in just 23 minutes.

Business

Rain helps Pakistan edge Proteas in Champions Trophy

Pakistan was 119 for three off 27 overs, well ahead of a target of 101 on D/L target, when rain stopped play. And when fast bowler Morne Morkel took two wickets in three balls, Pakistan were faltering at 41 for two under the Edgbaston floodlights.

Business

A Free Underground Library While There Are Train Delays

So, we did you all a favor and rounded up some of our favorite subway dog snaps! To kick off summer reading season, the MTA has also transformed a 10-car train to resemble the New York Public Library's Rose Main Reading Room. For the next six weeks, straphangers can get free downloads of hundreds of e-books and short stories. "The New York Public Library's mission is to make information and knowledge accessible to all, and this exciting partnership with the MTA is certainly right ...

Business

United Kingdom election: Theresa May could lose parliamentary majority, exit poll shows

Based on interviews with voters leaving polling stations across the country, the poll is conducted for a consortium of United Kingdom broadcasters and regarded as a reliable, though not exact, indicator of the likely result. As we have noted over recent weeks of pre-coverage, the scale of the win matters greatly too with most analysts looking at anything above a majority of 50 as being a good result.


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