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Business

Sensex, Nifty hit record high in early trade

The bourse later announced pre-open sessions twice, but failed to get the same going. The glitch was noticed after the NSE stock rates were not in tandem with BSE (Bombay Stock Exchange) scrip prices. Optimism over quarterly corporate earnings coupled with covering-up of short positions also lift the index too. Shares in AU Small Finance Bank Ltd surged 51.3 percent on their market debut after the lender's 19.13 billion rupee ($296.4 million) initial public offering.

Business

China says USA has apologized for name gaffe

Priebus said that "no matter what, Trump still believes Russian Federation tampered with last year's race". May was the first foreign leader to visit Trump at the White House and he told her he would soon "be going to London" once details were worked out.

Business

Cabin crew smashed two bottles of wine on passenger's head to

In addition to the flight attendant, one other passenger suffered injuries that warranted a visit to the hospital after the plane landed in Seattle. Eventually, the man was subdued by flight attendants and passengers and later taken into police custody after the plane returned to Seattle's Tacoma International Airport.

Business

Federation Internationale de Football Association suspends Mexico's coach from Gold Cup

The Salvadoran squad's quick answer prompted Mexico to press harder, and Elias Hernandez made it a 2-1 score for the defending champions in the 29th minute. But only two minutes later, some slack marking from Mexico allowed Bonilla to flash a finish beyond the Jesus Corona and draw El Salvador level. But the Mexicans were not to be denied 10 minutes into second half as Elias Hernandez's cross somehow made it to Pineda at the back post and the substitute made no mistake from an acute angle.

Business

Microsoft 365 announced, bringing together Windows 10 and Office 365 subscriptions

Microsoft 365 Business is targeted at small and midsize businesses (SMBs) while Microsoft 365 Enterprise is geared toward larger corporations. Microsoft 365 Business is geared more toward the SMB crowd, with the post noting that it is designed for businesses with "up to 300 users".

Business

MEPs: We'll veto Brexit deal if citizens' rights not improved

Tajani was backing a letter written by top European lawmakers - including Manfred Weber of the European People's Party, Guy Verhofstadt of the Alliance of Liberals and Democrats, and Gianni Pittella of the Socialists and Democrats - that threatened to veto a Brexit deal if the current "damp squib" of an offer isn't improved.

Business

Wanda Group to Sell Amusement Park Business for over $9 Billion

Wanda, which also has interests in films and sports, had plans to build at least 20 cultural projects around China. The conglomerate will also sell 76 hotels for 33.6 billion yuan. Dalian Wanda's businesses include cinema chains too. Earlier this year, it threw a lifeline to Beijing-based LeEco Holdings, investing $2.2 billion in the troubled tech and entertainment company.

Business

Stripe strikes global partnerships with Alipay & WeChat Pay

In addition, Stripe partnered with Alipay to support recurring payments for Stripe users. Silicon Valley startup Stripe has just announced a significant partnership with Chinese FinTech payments giants Alipay and WeChat Pay. Stripe now operates in 25 countries. It had previously partnered with Alipay to enable only the USA merchants on its platform to integrate the Chinese payment service.

Business

Trump, Tillerson tap Russian Federation hawk Volker for Ukraine envoy

Trump , during his meeting with the Russian president, accepted Mr. Putin's denials that Russia was involved in efforts to influence the 2016 election. And Russian officials believed they had made progress in Mr. Putin's meeting with Mr. Trump. Moscow has repeatedly said the Ukraine crisis is an internal conflict and that Kiev is not fulfilling its part of the Minsk agreements and refusing to negotiate with its own people in Donbass.

Business

First Tesla Model 3 electric auto rolling off production line

Electric automaker Tesla has produced its first Model 3 sedan, a highly anticipated vehicle because it carries a relatively low sticker price. A $7,500 (Rs 4.84 lakh) federal tax credit for electric vehicles would lower the cost to $27,500 (Rs 17.75 lakh).

Business

Cosco Shipping to acquire OOIL for $6.3bn

Bloomberg, quoting Alphaliner said that Cosco now has a market share of 8.4 percent while Orient Overseas has 3.2 percent Their combined 11.6 percent share would make the merged entity the third-biggest container-shipping company, overtaking CMA CGM with 11.2 percent, according to the shipping data provider.

Business

Royal Jordanian, Kuwait Airways see United States laptop ban lifted

Jordan's carrier, which flies out of Queen Alia International Airport in Amman, announced the ban to 16 weekly nonstop flies to New York, Chicago and Detroit was lifted after it fulfilled Department of Homeland Security security requirements.

Business

Diebold Nixdorf Passes Through 2% Yield Mark

The business had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.17 billion. Analysts have a mean recommendation of 2.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

Business

US practice bombing run a provocation, says North Korea

At the meeting, Moon said denuclearization of North Korea could not be achieved immediately. North Korea on Sunday lashed out at a live-fire drill the US and South Korea staged in a show of force against Pyongyang, accusing Washington of pushing the peninsula to the "tipping point" of nuclear war.

Business

Jay-Z's '4:44' Tidal exclusive has already gone platinum

Overall, the "4:44" short film is left to the viewer to interpret its poignant message. This is the 13th Platinum or higher certification of a Jay-Z album , the most collected by any rap artist. In fact, it is common practice at Roc Nation, with JAY's previous album Magna Carta: Holy Grail having benefited from a similar deal with Samsung.

Business

American Midstream Partners LP (NYSE:AMID) Institutional Investor Positioning

Oxford Asset Mngmt invested in 0.21% or 383,861 shares. Seabridge Advisors Ltd Com owns 900 shares or 0% of their United States portfolio. Dominion Midstream Partners, had a ROE of 1.98% and a net profit margin of 20.43%. Analysts expect EQT Midstream Partners LP (NYSE:EQM) to report $1.31 EPS on July, 27.They anticipate $0.04 EPS change or 3.15 % from last quarter's $1.27 EPS.

Business

Indian squad for Sri Lanka series announced

That Rohit will make a comeback was indicated by skipper Kohli in England and that was precisely the reason why he was rested for the limited overs series against West Indies. India is set to play 3 Tests, 5 ODIs and one T20I during this series. Pandya found himself in the Test squad again for the first two matches against Australia later this year.

Business

Social media reaction to DWP plant fire, explosions in Northridge

The outage came as much of California baked in heat that broke records. The LA Times reports that firefighters arrived on the scene to find a huge container of mineral oil, which is used as a cooling agent for electrical equipment, engulfed in flames.

Business

Rs 8000 Cr 'laundering': ED raids Delhi farmhouses of Lalu's daughter Misa

Searches were also carried out against Mishail Packers and Printers, in which Ms. Bharti, an MP, and her husband are directors. Shailesh was later taken to the Sainik Farms for further examination.The case relates to sale and purchase of shell companies that allegedly led to Misa and her husband controlling assets such as farmhouses and other properties that were acquired for a pittance.

Business

Yoel Romero Has Interesting Response To Michael Bisping's UFC 213 Prediction

Secondly, if they do fight, what does that mean for Robert Whittaker and Yoel Romero , who are fighting for the UFC's interim middleweight belt this weekend? The 26-year-old rocked Romero in each of the final three rounds, putting on a striking exhibit despite limited mobility.

Business

Lynched Indian Muslim's father demands death penalty for accused

The accused identity has not been revealed but according to GRP officials, his identity would be revealed after completing the legal formalities. The accused, who was arrested from Dhule in Maharashtra on Saturday, will be produced in a court in Faridabad on Sunday and police remand will be sought.

Business

Beijing helps to press Trump over withdrawal from Paris climate accord

It released Talk is Cheap: How G20 Governments are Financing Climate Disaster ahead of the G20 summit today in Hamburg, and after U.S. president Donald Trump made a decision to pull out of the Paris Agreement . Not only does such financial support for fossil fuels undermine public commitment to the Paris Climate Agreement and fighting climate change, but the report shows that such public financing has a three-pronged effect on efforts to address climate change.

Business

Ademola Adeleke confident he will win Osun by-election

For example, the final result for Iwo local government area shows that while the APC scored 12,205, the PDP had 12,547. PDP also in Irewole local government with 9, 096 votes, against APC's 8,952 votes; Ede North local government with 18, 559 votes, against 2,784 votes polled by APC; Ede South local government with 13, 406 votes, to APC's 2,096 votes; and Ayedaade local government with 9,061 votes, to 7,179 votes scored by APC.

Business

CBI raids Lalu Prasad Yadav and family's 12 premises over corruption charges

The CBI is also examining irregularities in awarding tenders to private firms for operating railway hotels located close to stations. It is alleged that Lalu Yadav as the railway minister, handed over maintenance of two railway hotels to a company after having been bribed a prime land in Patna through a benami company owned by Sarla Gupta.

Business

Malcolm Turnbull suggests Australian missile shield is on the table

Though the test was planned months ago, it will have far more meaning after North Korea tested an Intercontinental Ballistic Missile (ICBM ) on the Fourth of July. Beijing had been pressuring Seoul, which is hosting the system , by banning #South Korean artists, movies and TV shows in China. North Korea may not yet have a missile with a range long enough to reach the American heartland, or the ability to equip it with a nuclear warhead.

Business

Walk the talk on aiding Africa, Modi urges G20

In the presence of leaders of nations perceived as strong and relentless in their efforts to eliminate terrorism , including the U.S. and Russian Federation, the PM called worldwide efforts weak and said more cooperation was needed on the matter.

Business

Jobs Created In June

The U.S. economy created 222,000 new jobs in June, well above Wall Street's forecast. The biggest victor was in health care and social assistance (59,100 jobs), followed by temporary help services (45,000). The sector has purged jobs for three straight months. The euro was last at $1.1403, down 0.2 percent. "Robust job creation and moderate wage growth has direct impact on American families", he said .

Business

The Tahoe Resources (TAHO) Receiving Favorable Press Coverage, Report Finds

Kearny Financial had 8 analyst reports since September 3, 2015 according to SRatingsIntel. Raymond James Financial, Inc. reaffirmed a "market perform" rating on shares of Tahoe Resources in a research note on Friday. The company also recently declared a monthly dividend, which will be paid on Thursday, July 27th. Shareholders of record on Thursday, July 20th will be paid a $0.02 dividend.

Business

BA cabin crew to stage new 14-day strike

The strike is meant to put further pressure on the airline after the current 16-day strike by the same group ends at midnight on Sunday July 16. "It's high time British Airways stopped spending millions defending low pay and its bullying approach by negotiating a settlement to this long running dispute".

Business

Notable Buzzer: Energy Transfer Partners, LP (ETP)

Liberty Mutual Group Asset Management Inc. boosted its position in shares of Energy Transfer Equity, L.P.by 6.6% in the first quarter. Provise Group Limited Liability Company has invested 0.1% of its portfolio in Energy Transfer Equity LP (NYSE: ETE ).

Business

GST: Finance Ministry Launches Helpline Number to Deal With Unscrupulous Elements

Users can determine the GST rate for a good or a service by entering the name or Chapter heading of the commodity or service. Mumbai: Finance Minister Arun Jaitley has launched a "GST Rates Finder" mobile app using which those who are liable to pay Goods and Services Tax or GST can search for different tax rates.

Business

Army Out In Darjeeling As Protests Escalate After One Person Shot Dead

According to allegations raised by the locals, Bhutia was killed by the police late on the night of July 7. Earlier on 17 June, the GJM had claimed that three of its supporters were killed in police firing during the protests that hit the hills of north Bengal.

Business

Ivanka Trump helps roll out women's entrepreneurship initiative

It isn't the first time Ivanka Trump has participated in high-level meetings at the summit. Trump's senior staff is dominated by men, despite the considerable influence of Ivanka Trump, who serves as a senior White House adviser. The fund has raised $325 million from governments around the world, with President Trump committing the U.S.to a $50 million contribution The Post reported .

Business

'Petya' Cyber Attack Will Trim 3% Off Mondelez Q2 Revenue Growth

Brokerage houses, on average, are recommending investors to hold Pepsico, Inc. Mondelēz International, Inc. (NASDAQ:MDLZ) is building the best snacking company in the world, with 2016 net revenues of approximately $26 billion. Mondelez International's yield ratio (DPR) is 68.47%. Credit Suisse has "Outperform" rating and $50 target. The firm earned "Buy" rating on Tuesday, April 4 by Goldman Sachs.

Business

SunCoke Energy Partners LP (SXCP) Analysts See $0.17 EPS

SunCoke Energy Partners, L.P. SunCoke Energy Partners, L.P.'s revenue was up.6% compared to the same quarter a year ago. It has outperformed by 2.77% the S&P500. University Of Texas Investment Managment Company holds 136 shares or 0.01% of its portfolio. ( TSE:RKN ), 1 have Buy rating, 1 Sell and 2 Hold. A rating of 4 or 5 would indicate a consensus Sell.


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