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Business

PM calls for national probe after every high-rise tested reveals flammable cladding

She urged local authorities and housing associations to "get on with the fire safety checks". "Something has clearly gone wrong over a number of years and we need to find out what, why and how to make sure it doesn't happen again", May told the BBC.

Business

Equiniti Group (LON:EQN) New Price Targets

Parametric Portfolio Associate Limited Liability Company accumulated 1.02 million shares. Winslow Evans Crocker accumulated 4,380 shares or 0% of the stock. The rating was maintained by Barclays Capital with "Underweight" on Monday, May 23. Deutsche Bank maintained it with "Hold" rating and GBX 1200 target in Tuesday, November 22 report.

Business

Russia, Ukraine under massive cyber attack

Among the companies reporting problems were global shipping firm Maersk, British advertising giant WPP , French industrial group Saint-Gobain and United States pharmaceutical group Merck . Power suppliers were also compromised, though it has been reported that power remains on throughout the country. Even the Ukrainian Railways, Ukrtelecom, and the Chernobyl power plant have been impacted by the attack.

Business

7th pay commission: Cabinet agrees to hike allowances for govt staff

The wait has been endless with repeated delays, despite the Empowered Committee of Secretaries submitting its report to the Finance Minister Arun Jaitley on June 1. The central government employees have demanded that basic salary should be raised from Rs 18,000 to Rs 24,000 under the 7th Pay Commission. The approval, though delayed, comes with a substantial hike in allowances from the original pay panel recommendations.

Business

Kepler Capital Markets Boosts Whitbread plc (WTB) Price Target to GBX 3600

Investors sentiment increased to 2.25 in 2016 Q4. Bridgeway Mgmt owns 159,000 shares. The stock decreased -1.82% (-4.50) during the last trading session, reaching 242.50 and roughly 337669 shares were bought or sold by traders. 543,000 were reported by Renaissance Techs Limited Liability Corp. The rating was maintained by Deutsche Bank on Tuesday, February 16 with "Hold". GBX 141.23's average target is 53.51% above currents GBX 92 stock price.

Business

European firms hit by 'massive' cyber attack

The attack came just six weeks after more than 150 countries were affected by the so-called ransomware known as WCry, WannaCry or WannaDecrypt0r, which exploited vulnerabilities in the most widely used operating system in the world: Microsoft Windows .

Business

Federation Internationale de Football Association release Garcia Report after leak in German newspaper

FIFA's delay in publishing the full report may have been strategic, in that three years later, it appears the public's initial uproar over the allegations has simmered down. Around 25 investigations have been launched, the Swiss federal prosecution office said this month, using more than 170 suspect bank transactions as evidence.

Business

'Pharma bro' Martin Shkreli's notoriety slows NY jury selection

A potential male juror was excused when he said of Shkreli, "From everything I've read, I believe the defendant is the face of corporate greed in America". The judge denied defense requests to start the selection over and ban reporters from listening in on sidebars. The 34-year-old is accused of stealing millions from a second pharmaceutical company to pay back losses from bad trades in a hedge fund he had on the side.

Business

EU Prolongs Russia Economic Sanctions by 6 Months

The plan taps into divisions among the bloc over doing business with Russian Federation, which covers a third of the EU's gas needs, despite sanctions against Moscow over its military intervention in Ukraine . The offshore section of the pipeline lies outside the EU's jurisdiction where the bloc's single energy market rules won't apply, the Commission argued, pushing the entire project into uncertain legal territory.

Business

Massive ransomware attack hits companies across Europe, US

A spokesperson for worldwide crime agency Europol said: "Europol is aware of multiple reports in the media regarding a developing ransomware attack, we are liaising with cyber units in the member states and key industry partners to establish the full nature of this attack at this time".

Business

Twitter Inc (NYSE:TWTR), Energy Transfer Equity LP (NYSE:ETE)

The stock appeared $6.78 above its 52-week highs and is down -1.59% for the last five trades. BidaskClub downgraded Energy Transfer Equity, L.P. from a sell rating to a strong sell rating in a report on Saturday, June 10th. Todd Asset Ltd reported 16,884 shares. Reilly Advsrs Ltd holds 0% of its portfolio in Energy Transfer Partners LP (NYSE:ETP) for 497 shares. Ci Investments holds 54,100 shares or 0.06% of its portfolio.

Business

Amtrak: 2 workers struck, killed on Washington train tracks

Authorities are now investigating what caused the fatal incident. Amtrak rail service between Washington and Philadelphia remains suspended. CSX said the names of the employees are being withheld for their families' privacy. Amtrak said none of its crew nor passengers - coming from Boston and NY - were injured. Officials said the incident occurred while Amtrak Train 175, heading from Boston to NY, was approaching Washington Union Station at about 11:18 p.m.

Business

Google News Has A New Look To Eliminate The Clutter

Sections like World and Business now feature icons in the dedicated left-hand navigation column. You can jump quickly to news you enjoy, whether it's standard sections like Sports or Entertainment, or those created by you and powered by your queries, such as "Cricket World cup' or "Hollywood', among others".

Business

Body found inside Walmart bathroom in Sand Springs

He says store employees assumed because the door was locked that something in the bathroom needed to be fixed, so they placed an out-of-order sign on the door. In a statement, Walmart said: "We are saddened by this". CCTV footage showed her entering the store on Friday but did not capture her leaving, according to local media.

Business

Syrian Observatory says 30 killed in east Syria air strike

Al Mayadin lies in the Euphrates Valley some 45 kilometres southeast of the provincial capital of Deir Ezzor. It says it takes great pains to avoid harming or killing civilians and investigates all reports that it has done so. The coalition could not immediately be reached for comment. Islamic State is believed to have moved most of its leaders to al-Mayadeen in Syria's Euphrates Valley, southeast of the group's besieged capital Raqqa, two USA intelligence officials have said.

Business

Micron Technology, (MU) Rating Reduced to Buy at BidaskClub

Meeder Asset Management invested in 3,386 shares. For the Current Quarter, the growth estimate for Micron Technology, Inc .is 1975%, while for the Next Quarter the stock growth estimate is 3220%. MU's profit would be $1.55 billion giving it 5.92 P/E if the $1.37 EPS is correct. The move follows Broadcom's ( AVGO ) earlier this month easily topping Wall Street expectations with its fiscal Q2 financial results and exceeding analyst projections with its revenue forecast for the current ...

Business

Draghi: ECB will be cautious in adjusting stimulus effort

The euro moved upward to its highest point in more than a week versus the USA dollar Tuesday after Mario Draghi the President of the European Central Bank said factors that were weighing on inflation across the common currency zone were for the most part temporary and that the Bank could look beyond them.

Business

Another big malware attack ripples across the world

The food company Mondelez , legal firm DLA Piper , Danish shipping and transport firm AP Moller-Maersk and Heritage Valley Health System , which runs hospitals and care facilities in Pittsburgh, also said their systems had been hit by the malware .

Business

GoldenEye Ransomware Cyber Attack Hits Business and Government Agencies Across Globe

The strain is most likely Petya , which encrypts Master File Tree (MTF) tables and overwrite the Master Boot Record . "We can confirm that Maersk IT systems are down across multiple sites and business units due to a cyber attack ", the company stated on Twitter .

Business

Hackers strike across Europe, sparking widespread disruption

Several multinational companies said they were targeted, including U.S. pharmaceutical giant Merck , Russian state oil giant Rosneft, British advertising giant WPP and the French industrial group Saint-Gobain. Rosneft said on Twitter that because it had switched to a reserve control system, its oil production wasn't stopped . A message demanding money is seen on a monitor of a payment terminal at a branch of Ukraine's state-owned bank Oschadbank after Ukrainian institutions were ...

Business

Cliffs Natural Resources Inc(NYSE:CLF), Nokia Oyj (ADR)(NYSE:NOK)

The stock remained 1.31% unpredictable for the week and 1.52% for the month. About shares traded. Newfield Exploration Co. Cliffs Natural Resources Inc (NYSE:CLF) has risen 122.26% since June 28, 2016 and is uptrending. Barclays Capital has "Equalweight" rating and $152 target. This increase is typical for the uptrend and shows the considerable optimism among investors.

Business

$1.50 EPS Expected for Alexandria Real Estate Equities, Inc. (ARE) This Quarter

Compared to the same quarter a year ago, the company reported earnings per share of $0.46. Following recent activity on shares of Alexandria Real Estate Equities (ARE), we can see that the stock price recently hit 121.02. Alexandria Ltd Liability Co has 0% invested in Investors Real Estate Trust (NYSE:IRET). SC ranks as the #1 exporter of passenger automobiles in the nation, with over $9 billion in auto exports moving through the Port of Charleston.

Business

Trump says N.Korea threat must be 'dealt with rapidly'

In an interview with Reuters in April, Trump called the five-year-old KORUS trade pact "horrible" and "unacceptable" and said he would either renegotiate or terminate it. Many local industry and business figures have praised the economic and political benefits that arose from the KORUS FTA, referring to it as a mutually beneficial pact.

Business

Takeaways From Amazon's Acquisition Of Whole Foods

But with Whole Foods trading at a roughly 3 percent premium to the offer price, it seems clear that some see the potential for another bidder to step in. Whole Foods has already experimented with new formats, including its smaller 365 stores aimed at winning over millennials, who have migrated more to urban areas and tend to be more cost conscious than previous generations.

Business

Utah wildfire grows as 2 powerful California blazes spread

The Utah Division of Forestry, Fire and State Lands said that 1,427 personnel were fighting the massive Brian Head Fire that started June 17. "Horse Valley will be an area of concern (Monday), but crews have begun to prepare for this using dozers and retardant dropped from air tankers to establish indirect firelines", the town of Brian Head said on its Facebook page.

Business

EC hits Google with record fine

European antitrust regulators slapped Google with a record €2.4 billion ($2.7 billion) fine on Tuesday for systematically favoring its own search results above those of its competitors. In its summary of the effect of Google's illegal practices, the Commission says that since the beginning of each abuse, Google's comparison shopping service has increased its traffic 45-fold in the United Kingdom, 35-fold in Germany, 19-fold in France, 29-fold in the Netherlands, 17-fold in Spain and ...

Business

Prosecutors Struggle to Find Jurors Who Don't Already Hate Martin Shkreli

He earned the title of "Pharma Bro" and sparked outrage in 2015 for hiking the price of a life-saving drug used by AIDS patients by more than 5 ,000 percent. Prosecutors and defense lawyers agreed to strike more than a dozen jurors for cause based on their opinions of Mr. Shkreli. Shkreli, tieless, in a dress shirt and light grey suit, sat alone at the defense table, occasionally playing with his hair and chewing on a pen, while the judge considered the would-be jurors' potential biases.

Business

ENO back in the list of Arts Council's NPOs

The regional shift was in part funded by smaller settlements for the big four arts organisations, considered more able to sustain drops in cash. The remaining organisations are Salisbury Arts Theatre Ltd, The Pound Arts Trust Ltd at Corsham and Wiltshire Music Centre Trust Ltd at Bradford on Avon.

Business

Brazilian President Michel Temer Is Formally Charged With Corruption

If the corruption case reaches the lower house, Mr Temer's coalition believes it can gather enough votes to block the two-thirds majority needed for a trial to be brought against him. The highly-anticipated charges need to be approved by two-thirds of Brazil's chamber of deputies to proceed. Janot's office did not immediately respond to a request for comment, and the president's office did not respond to a request to elaborate.

Business

EU gives cool reception to British offer on citizens rights

Others who arrive after an unspecified cut-off date will be given a " grace period ", expected to be two years. The statement also confirms that, once the United Kingdom has officially withdrawn from the European Union (which could happen at any point on or before 29 March 2019), documents certifying European Union nationals' rights of residence (Residence Cards) and permanent residence (Certificates of Permanent Residence) will no longer be sufficient evidence of the right to reside in ...

Business

Haley says warning to Syria also aimed at Russia and Iran

Russian officials denied there is evidence of an imminent chemical attack and called the White House threat "unacceptable". He said the activities were similar to preparations taken before the attack in April, but provided no evidence or further explanation.

Business

ISIL chief Al-Baghdadi reportedly killed in Russian air strike: Defence Ministry

Earlier Russia's Defense Ministry reported that it was checking information on the death of the IS leader. However, the US-led coalition battling IS said on Friday it could not confirm the Russian report . Other state media reported that more than 300 "terrorists" were killed in the strike. The spokesman for the USA -led anti-IS coalition said in a statement Friday he could not confirm the Russian claim.

Business

American Airlines says rival Qatar seeks to buy up to 10% stake

Qatar Airways indicated its interest in buying a stake in American on the open market, American said in the filing . American Airlines has been a vocal critic of Qatar Air's expansion efforts, claiming it and two other Middle Eastern airlines get massive subsidies from their governments.

Business

China confident on growth despite headwinds

Countries must safeguard economic globalization to achieve inclusive growth, Li said. He said Chinese and foreign companies will be treated equally, though he announced no new initiatives and made no mention of foreign complaints that Beijing is reducing access to its markets for computer security technology, farm-related biotech and other fields.

Business

Mike Pence reportedly hires private attorney to help with Russian Federation probe

The piece, which Donald Trump Jr. retweeted, was written by William G. Otis, an adjunct law professor and Georgetown University and a former special counsel for then-President George H.W. The obstruction of justice investigation into Trump began days after Comey was sacked on May 9, according to people familiar with the matter, the Washington Post said.


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