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Greece set to get cash to pay bills, but debt relief elusive

Finance ministers from the 19 European countries using the euro currency are meeting in Luxembourg Thursday to decide whether to unfreeze the latest installment of Greece's rescue loans and to discuss potential debt relief measures to be enacted when the bailout program ends next year.

Business

Next Weeks Broker Price Targets For Wood Group John Plc (WDGJF)

Finally, Liberum Capital restated an "under review" rating on shares of IG Group Holdings plc in a research report on Wednesday, May 31st. The firm has "Sector Perform" rating given on Wednesday, November 30 by RBC Capital Markets. Therefore 52% are positive. Spectranetics had 22 analyst reports since July 27, 2015 according to SRatingsIntel. Dairy Crest Group PLC (DCG.L)'s Williams %R presently stands at -8.16.

Business

Moody's downgrades major banks long-term ratings

Moody's said while it did not expect a sharp downturn in housing as its key scenario, it could not ignore the risk that high levels of debt and the rapid credit expansion could pose down the track. The downgrades come at a time of declining wholesale interest rates in the New Zealand wholesale money market, which has seen the five year swap rate drop to 2.68 per cent from 3.07 per cent at the start or the year.

Business

Pacquiao vs Horn to be broadcast on ESPN in US

The fight will be called ringside by ESPN commentators Joe Tessitore and Teddy Atlas. ESPN's coverage of Pacquiao-Horn "The Battle of Brisbane" fight will begin on June 30 with live coverage of the Pacquiao and Horn weigh-in within SportsCenter on ESPN and within Golpe a Golpe on ESPN Deportes.

Business

Pakistan to be one of top three teams by 2019 WC: Afridi

In reply, India were all out for 158 runs in 30.3 overs. The victory, and its relative ease over an India team that not only had got the better of Pakistan in one-day matches for the past decade, winning 12 and losing only eight - and winning four of the last five since 2013 - stunned cricket fans and experts, especially coming from a Pakistan team that has played only one global series in its home country since a 2009 terrorist attack forced them to adopt the United Arab ...

Business

And so it begins: Brexit talks to focus 1st on orderly exit

Davis said the talks were off to a "promising start" and denied that Britain had caved in on the sequencing of the talks. Even though May triggered the two-year process on March 29, negotiators will have to get a full agreement much faster than March 2019.

Business

Paris 2017: Boeing, CDB Aviation Lease Finance sign $7.4bn MoU

Airbus will announce an order for 10 of its A350-900 wide-body jets as well, industry sources added. In addition, numerous commitments announced today were conversions from existing 737 MAX orders. Boeing generated a burst of activity at the show by launching 737 MAX 10 to plug a gap in its portfolio at the top end of the market for single-aisle jets following runaway sales of the rival Airbus A321neo.

Business

Blue Apron launches IPO roadshow under shadow of Amazon's Whole Foods deal

It will probably begin trading this summer. That's up from a valuation of $2 billion the last time Blue Apron raised money from private investors, in 2015. "Meal kits require a very different business model than a grocer like Whole Foods brings to Amazon, and I do not think Amazon will be able to leverage that asset to do meal kits", Pfrang said.

Business

Britain says will be 'positive and constructive' in Brexit talks

Anxious by immigration and loss of sovereignty, Britain voted past year to end its four-decades-old membership of the 28-country bloc - the first state ever to do so. David Davis Jeremy Corbyn said Labour favoured a softer Brexit deal. The two sides agreed in principle to a format of four-week rounds of bargaining, with one week per month of head-to-head bargaining, to be carried out in English and French .

Business

Are Analysts Bullish BBA Aviation plc (LON:BBA) After Last Week?

Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have given a buy rating to the company's stock. It has a 13.9 P/E ratio. Since December 29, 2016, it had 0 insider purchases, and 11 sales for $95.24 million activity. Another trade for 500 shares valued at $2,250 was bought by Newman Leonard Martin.

Business

RBI keeps key interest rate unchanged, cuts inflation projections

Investors' uncertainty over the RBI's stance was heightened by the release of minutes from the April meeting of the monetary policy committee which showed two of its six members had proposed rate hikes, before the committee ultimately voted 6-0 to leave rates unchanged.

Business

Shekel strengthening despite U.S. rate hike

Analysts were widely expecting only one BOE member to vote in favor of a rate hike , in line with the voting at the May meeting. She also laid down plans to reduce the central bank's balance sheet in the second half of the year. Beyond the broader economic implications of a peak or, if you will, terminal rate below 2 percent, the prospect puts the Fed in the ticklish situation of very likely heading into a downturn dependent not just on interest rate rises but also on its willingness to ...

Business

France's Macron to reshuffle government after parliament win

Macron's government is already in talks with the unions over mooted changes, which would give bosses more flexibility to set the conditions of their workers at a company level. "After the reforms, which we expect Macron to implement, France could turn into the strongest of all major economies in Europe in the next decade, outclassing a Germany that is resting on its laurels and the United Kingdom that (through Brexit ) is impairing its long-term growth prospects", said Holger ...

Business

Expect to pay more to ship your packages this holiday season

The shipping giant is also adding peak surcharges for particularly large, heavy or unusually shaped packages that "create even greater operational complexity during high-demand periods", and is encouraging customers shipping such items to use UPS Freight instead of its package shipping service.

Business

Top EU lawmaker says UK's aims a mystery

Negotiations would be conducted in a "positive and constructive tone", he added. Talks will begin at 0900 GMT with a joint press conference by former French foreign minister and European commissioner Barnier and Davis at around 1630 GMT (12.30am Malaysia).

Business

Lion Air provisionally orders 50 Boeing 737 MAX 10 jetliners

The defense and passenger jet maker announced an order for 20 737 MAX 10 jets from GE Capital Aviation Services, the commercial aircraft leasing and financial arm of General Electric . Including other models and conversions of earlier contracts to Max 10s, Boeing's Paris show order tally at the end of the day exceeded US$37 billion, versus US$12 billion at Airbus .

Business

Ram Nath Kovind had opposed SC status for Dalit Christians, Muslims

Stating that the prime minister spoke to him about the candidature of Ram Nath Kovind , Patnaik said, "He (PM) sought BJD's support in this regard". "The final call will be taken in a meeting of all opposition parties on June 22", he said.

Business

Britain kicks off Brexit negotiations with EU

For his part, Barnier said he hoped the first meeting would allow his team to identify a timetable to be presented to European Union leaders later this week. "It raises new uncertainties and there is a big question mark about the position the United Kingdom will take", he told the Guardian . David Davis and Michel Barnier get historic negotiations under way in Brussels .

Business

So it begins: Britain kicks off Brexit negotiations with EU

The European Union's Michel Barnier said he hoped the talks, starting nearly a year to the day after a British referendum vote to leave the EU, would establish a timetable for the negotiations. Anxious by immigration and loss of sovereignty, Britain voted a year ago to end its four-decades-old membership of the 28-country bloc - the first state ever to do so - in a shock referendum result.

Business

UK moves to ease tensions after London mosque attack

The man later died, though it is not yet clear whether his death was linked to the attack, said Neil Basu , the police senior national counter-terror coordinator. "We are seeing unprecedented levels of terror plots and terror attacks since 22 March", he said. "I saw a man, he was underneath the van", Warfa said, who described how his friends tried to lift the van to free him.

Business

Bangladesh drop to seventh in ICC ODI rankings

The flamboyant cricketer, nicknamed "Boom Boom Afridi", further insisted that just like the 1992 World Cup win gave Pakistan a new generation of match winners, this Champions Trophy victory will also put the country's cricket back on track.

Business

Pletcher takes another jewel in Triple Crown as Tapwrit wins Belmont Stakes

The glamor of past years will be missing when the 149th Belmont Stakes is run on Saturday with neither the Kentucky Derby nor Preakness victor in the 12-horse field. "I was a lot more disappointed after the Derby, because I know what the horse is capable of, and [he] didn't show it on Derby day", Maragh said. Tapwrit (2) with jockey Jose Ortiz comes in first during the 2017 Belmont Stakes at Belmont Park on Sunday, June 10.

Business

Boeing, Lion Air Group Announce Commitment for 50 737 MAX 10s

Today's kickoff of the sales campaign was totally unsurprising, but the more than 240 orders announced at launch made for a "surprisingly strong showing" on its face, Leeham News and Comment's Scott Hamilton reported . "Do we see the 10 as a competitor of the A321?" But Boeing CEO Dennis Muilenburg told Bloomberg TV Monday that the plane is "potentially twin-aisle", but the company is still looking at "all options".

Business

Whole Foods Market, Inc. (NASDAQ:WFM), Dollar General Corp. (NYSE:DG)

The Company, through its subsidiaries, owns and invests in real estate serving the healthcare industry. In analysts report sent to investors and clients on Friday, 16 June, stock analysts at the equities research division of Barclays Capital boosted their rating for shares of Whole Foods Market Inc (NDAQ: WFM ) from a "Equal Weight" to a solid "Overweight".

Business

Trump wants privatization of air traffic control

Chao and Trump both praised air traffic controllers and said they would benefit from more up-to-date technology. The plan has drawn appraises from former transportation secretaries, who lauded the move as the "right solution for the 21st century".

Business

Stock futures higher as beaten down tech stocks rebound

Nasdaq's biotechnology index rose 2.5 per cent and was on track for its biggest one-day gain since February helped by stocks including Biogen Inc and Clovis Oncology while the S&P's healthcare index hit a record high. The Dow is up 1,766.39 points, or 8.9 percent. Winners and Losers: Snapchat parent Snap Inc. climbed 2 percent on news of a $100 million deal with Time Warner to create shows for the platform.

Business

UK PM Theresa May will face leadership challenge if she softens Brexit

What they love to do is march around Northern Ireland , many wearing bowler hats and an orange sash. Mr Coveney, who on Monday made his first visit to Stormont as Minister for Foreign Affairs, spoke of the urgency of reaching an agreement to restore the powersharing institutions in the North by the deadline for a deal of June 29th.

Business

Gluten-free fast food: Chick-fil-A adds gluten-free bun option

Arby's and Burger King were also praised by the website for their gluten-free options, although VeryWell said that both companies risk cross-contamination with its food preparation practices. "We heard positive feedback in test markets that the bun tastes better than some other gluten-free breads". The new bun has 150 calories and costs an additional $1.15.

Business

Trump Hints At Major Jobs Announcement For Wisconsin During Visit

Still, a November 2016 report by the U.S. Commerce Department under President Barack found that "apprenticeships are not fully understood in the United States, especially by employers, who tend to use apprentices for a few, hard-to-fill positions", but not as widely as they could, according to NPR.

Business

A Record 65.6 Million People Are Now Displaced Worldwide, Says UNHCR

Of this number, 22.5 million are refugees - those forced to leave their country; 40.3 million are displaced persons or those who find temporary shelter within the same country; and 2.8 million are asylum seekers - people who have fled their country and are seeing global protection as refugees.

Business

Saks Owner Hudson's Bay Targeted by Activist Land & Buildings

The family, which had been fighting against Litt and his fund, Land and Buildings Investment Management, appear to have voted their entire stake for the incumbent directors. It also called for the ouster of the Ratner family from Forest City Realty Trust. Is the best use of this location truly a department store? And while it doesn't know chairman Richard Baker well, others speak highly of him.

Business

Brexit minister Davis: "No doubt" over Britain leaving EU

British Prime Minister Theresa May has said that the vote one year ago was partly a vote for Britain to control its borders, and has said that Britain will leave Europe's single market, as membership is incompatible with restricting immigration.

Business

European Union chief negotiator Michel Barnier hopes for 'constructive' Brexit talks

Davis said the talks would be carried out in "a positive and constructive tone", with Britain looking to forge a "strong and special partnership for the future". It left an image of a dysfunctional Britain coming up against a well-oiled European Union negotiating machine. Sigmar Gabriel also indicated a deal could be done on the jurisdiction of the European Court, allowing Theresa May to fulfil her pledge to end its jurisdiction while also meeting the EU's needs.

Business

IL Buys 6508 Shares of Johnson Controls International PLC (JCI)

Washington Trust Bank raised its stake in shares of Johnson Controls International PLC by 8.2% in the first quarter. Penobscot Investment Management accumulated 5,027 shares. Stockholders of record on Wednesday, June 28th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.39%. Johnson Controls International PLC's dividend payout ratio is presently -194.70%.

Business

US Dollar Advances After Fed Dudley's Remarks

USA gold futures for August delivery fell by 0.37% to $1,251.7 an ounce. New York Federal Reserve President William Dudley kicked off a heavy week of Fed speak, saying he's upbeat on the economy while noting that breaking the tightening cycle would hurt the economy.


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