Economy

Economy China's fixed-asset investment up 8.6% in H1
Author: 0 China's fixed-asset investment up 8.6% in H1

It is unclear whether the new method has been used for Monday's second quarter GDP read. The bank has raised its 2017 annual GDP projection to 6.8 percent on-year from 6.6 percent previously. Fixed-asset investment in non-rural areas increased 8.6% in the first half of the year. In terms of de-stocking in the property market, the floor space of unsold homes were down 9.6 percent at the end of June.

Economy Winds in Cariboo and southern BC expected to increase wildfire activity
Author: 0 Winds in Cariboo and southern BC expected to increase wildfire activity

An evacuation alert was issued Saturday for the Clisbako area. None of the fires in the region are large enough to be causing the smoke that has moved into the area. "Unfortunately, significant rain continues to elude the southern half of the province for the foreseeable future", Environment Canada says. The Ministry of Forests Lands and Natural Resource Operations announced the entire Cariboo fire centre, 103,000 square kilometres in size, has been closed to backcountry users as a safety ...

Economy Introspect why India's relations with neighbours have nosedived: Opposition to NDA government
Author: 0 Introspect why India's relations with neighbours have nosedived: Opposition to NDA government

It is better China should say yes to diplomatic measures to diffuse the existing eye-ball to eye-ball situation at Doklam instead of bullying India of war mongering. So, we had to ask some hard questions. According to the Indian Embassy, the government of India has committed to support Bhutan's 11th Five Year Plan (July 2013 to June 2018) to the tune of Rs 4,500 crore.

Author: 0 Stocks Shrug Off Bank Earnings, Shoot To New Highs

The S&P 500 and Nasdaq ended up 0.2% each. Thursday's action left the Nasdaq composite ahead almost 2% for the week and tracking toward its best weekly finish since late May. The Dow Jones Industrial Average was flat at 21,530. The Nasdaq composite added 38.03 points, or 0.6 percent, to 6,312.47. S&P 500 measures the performance of 500 widely held common stocks of large-cap USA companies.

Economy Ex-American football executive Chuck Blazer dead
Author: 0 Ex-American football executive Chuck Blazer dead

Chuck Blazer , the Forest Hills native who helped the USA government expose just how corrupt soccer's worldwide governing body was, died Wednesday. Mr Blazer served as a government informant in helping uncover the corruption within the soccer governing body.

Economy Jimmy Carter taken to Canadian hospital
Author: 0 Jimmy Carter taken to Canadian hospital

According to Canada's Global News , a reporter on the scene spoke with a Habitat spokesperson who said Carter had complained of dehydration and in the ambulance told volunteers to "keep working". But by December of that year Carter told his church that his latest brain scan showed no sign of the disease. While the vibrant former president continued his busy schedule of appearances on behalf of the Carter Center and Habitat for Humanity, he did admit that he would be scaling back those ...

Economy BC wildfire service
Author: 0 BC wildfire service "optimistic" about 150 mile fire

BC Hydro said the fires have caused significant damage to electrical infrastructure in the Interior and have left thousands without power. Local fire officials in Arizona, Colorado, California and Nevada said Monday that they didn't know of any mines affected by the fires.

Economy API Draw Fuels Rally, Investors Set for EIA Report
Author: 0 API Draw Fuels Rally, Investors Set for EIA Report

USA crude oil inventories last week dropped the most in ten months, falling more than expected as imports declined and refining rates rose, while gasoline stocks decreased and distillate inventories rose, the Energy Information Administration said on Wednesday.

Economy M&S United Kingdom same-store sales decline
Author: 0 M&S United Kingdom same-store sales decline

LFL clothing and homeware sales fell 1.2% in the 13 weeks to 1 July and food sales were down 0.1%, dragging UK LFL sales to 0.5%. He also argued that the overall United Kingdom clothing market was more promotional than a year ago, which is hurting M&S, however he seemed confident that like-for-like clothing sales should move into positive territory later this year.

Economy Facebook and Google Join Net Neutrality
Author: 0 Facebook and Google Join Net Neutrality "Day of Action"

In fact, Google worked pretty tirelessly to make both the 2010 and 2015 net neutrality rules as weak as possible so its business interests wouldn't be harmed. Obviously, AT&T's views do not match those of the protest organizers. Evan Greer of Fight for the Future, a nonprofit that helped organize the protest, said supporters would be glad to have AT&T join them in their fight, if the company was truly honest.

Economy Sunac, Wanda seal China's largest property deal
Author: 0 Sunac, Wanda seal China's largest property deal

Dalian Wanda Group on Monday said it would sell 91 per cent of 13 tourism projects, as well as 76 hotels in China , to Sunac China for a total of 63.18 billion yuan ($9.3-billion). But Wanda Hotel Development, a Wanda Group firm, lost ground on the Hong Kong stock market on Tuesday as many investors dumped its shares for profit taking.

Economy Libya, Nigeria May Attend OPEC, Non-OPEC July Meeting
Author: 0 Libya, Nigeria May Attend OPEC, Non-OPEC July Meeting

The price for September futures of Brent crude oil has increased by 0.28 percent to $47.01 per barrel as of 05:49 (UTC +4). That's the opposite of the "shock and awe" strategy of deeper cuts Goldman Sachs Group Inc. The two countries were exempted from the oil cut deal reached in Austria last November by members of the Organization of the Petroleum Exporting Countries (OPEC).

Economy Honda Confirms 11th US Death From Faulty Takata Airbag
Author: 0 Honda Confirms 11th US Death From Faulty Takata Airbag

In a series of statements to USA publication The Detroit News , the company said the incident occurred in Hialeah, Florida, in June 2016 and involved a male that was using a hammer while the vehicle's ignition was switched on. In January, Takata pleaded guilty to wire fraud charges related to its handling of the air bag defects and agreed to pay a US$1 billion (S$1.39 billion) fine.

Economy Simona Halep, Johanna Konta advance to Wimbledon quarterfinals
Author: 0 Simona Halep, Johanna Konta advance to Wimbledon quarterfinals

JOHANNA KONTA survived another three-set thriller at Wimbledon to beat Caroline Garcia and become the first British woman to reach the quarter-finals in 33 years. Konta handled better the big moments. "There are tactical messages but also some mental messages of what I feel is important that day.Five minutes before she goes out on court she repeats the messages back to me".

Economy U.S. salvages bronze medal with rout of Spain
Author: 0 U.S. salvages bronze medal with rout of Spain

United Kingdom freshman PJ Washington added six points. Canada dominated proceedings from the outset and took a 24-10 lead into the second quarter. "I think everybody had chills", said Rana. The USA's bench outscored Germany by a whopping 39-7 margin. The U.S. will meet Spain on Sunday for third place.

Author: 0 U.S. urges Russian Federation to reverse its actions in Ukraine

Tillerson has appointed a special envoy to examine possibilities for jump-starting implementation of a two-year-old peace roadmap known as the Minsk Agreement. After a meeting later Sunday with United Nations Secretary-General Antonio Guterres, Poroshenko called on the world body to take a more active role in addressing Ukraine's problems.

Economy SoundCloud cuts staff and closes London office
Author: 0 SoundCloud cuts staff and closes London office

Though now up to 175 million subscribers, SoundCloud's indie clout hasn't led to almost the kind of financial success as competitors like Spotify . Most of the content on SoundCloud is free, and a subscription tier introduced past year that put some music behind a paywall hasn't been as successful as executives hoped.

Economy United States lifts electronic device ban on Qatar Airways flights
Author: 0 United States lifts electronic device ban on Qatar Airways flights

The electronics ban imposed on flights from Doha to the U.S. was lifted on Thursday, Qatar Airways said, following similar announcements by airlines based in Turkey and the United Arab Emirates . The Department of Homeland Security announced last week that airports and airlines would be removed from the ban once they comply with enhanced security directives.

Economy Good news for demonetisation victims, RBI may reopen doors for genuine people
Author: 0 Good news for demonetisation victims, RBI may reopen doors for genuine people

The demonetisation of Rs 500 and Rs 1,000 notes in November 2016 had caused a cash crunch in the country as the bills had made up almost 86% of the currency in circulation then. The Supreme Court was forceful in its direction to the Centre. The court had earlier pulled up the government for providing inadequate options to people for getting rid of old notes.

Economy How Did Auto Stocks Fare in the Final Week of June 2017?
Author: 0 How Did Auto Stocks Fare in the Final Week of June 2017?

Several other hedge funds have also added to or reduced their stakes in the company. "Acquires 22 Shares of Ford Motor Company (NYSE:F)" was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. During the same quarter in the previous year, the company posted $1.26 earnings per share. On average, analysts anticipate that Ford Motor Company will post $1.53 EPS for the current year.

Author: 0 Louisiana won't comply with Donald Trump request for voter information

Trump's commission asked for names, party affiliations, addresses, voting histories, felony convictions, military service and the last four digits of Social Security numbers for registered voters. "The department has no authority not to provide voter data". The commission purports to investigate voter fraud, which numerous studies confirm has not happened on the scales of "millions" as the Trump administration has suggested.

Economy Oil trades near three-week high after USA drilling slows
Author: 0 Oil trades near three-week high after USA drilling slows

The fate of oil-producing economies also hinges on oil prices and that's precisely why countries like Saudi Arabia , Qatar, Kuwait and Nigeria are feeling the pinch with historically low prices. Note that on the chart below, the past big drops in oil prices happened during the 2nd half of the year. Thirteen percent say demand is trending weaker.

Economy Silence over dad's tweets speak to Ivanka Trump's tight spot
Author: 0 Silence over dad's tweets speak to Ivanka Trump's tight spot

Now that we know that's not the whole story we must wonder whether they have been publicly settling some private scores of their own. With regards to Sarah Huckabee Sanders, who also defended Pres. Scarborough called the president's statement a "lie" and said he had phone records to prove his story. The National Enquirer did run a story about their relationship on June 5, 2017, nearly a month after they confirmed their engagement and dished about their love story to Vanity Fair .

Author: 0 The Paloma Partners Management Co Raises Stake in Banco Bradesco SA (BBD)

Several brokerages recently issued reports on BBD . Hanseatic Management Services Inc. now owns 89,657 shares of the bank's stock worth $918,000 after buying an additional 270 shares during the period. BBD's profit would be $1.32 billion giving it 9.30 P/E if the $0.22 EPS is correct. BBD's stock has received different recommendations from Financial Analysts, according to data provided by FactSet.

Economy Warren Buffett is set to make $12 billion on a single trade
Author: 0 Warren Buffett is set to make $12 billion on a single trade

The preferred stock purchase means $300 million annually in dividends to Berkshire and its chairman, Warren Buffett . Buffett's common stock shares are now worth about $17 billion, $12 billion more than the purchase price. Mr. Buffett has not talked often about the Bank of America stake. ( AAPL ) and Bank of America Corp. The Oracle of Omaha worked similar deals with other banks as well, including Goldman Sachs.

Economy Earnings at the Forefront For Rite Aid Corporation
Author: 0 Earnings at the Forefront For Rite Aid Corporation

The stock now has Weekly Volatility of 12.91% and Monthly Volatility of 9.13%. These analysts also forecasted Growth Estimates for the Current Quarter for RAD to be -200%. Nomura Asset Management Co. Rite Aid Corporation earned a news impact score of 0.14 on Accern's scale. Tightening the gaze, stock performance for the last 5 trading days is 23.20%.

Economy Amazon's Prime Day 2017 is a 30-hour event this year
Author: 0 Amazon's Prime Day 2017 is a 30-hour event this year

While President Donald Trump has chosen it as his latest Twitter ( TWTR - Free Report ) victim, e-commerce giant Amazon ( AMZN - Free Report) is gearing up for its third annual Prime Day , the company's blockbuster online summer sale that honors the anniversary of its founding on July 16, 1995.

Economy STORE Capital Becomes Warren Buffett's Next Big Investment You Never Heard Of
Author: 0 STORE Capital Becomes Warren Buffett's Next Big Investment You Never Heard Of

However, Berkshire Hathaway's exposure to catastrophe losses, Buffett's succession and huge capital expenses on account of its railroad operations remain headwinds. Berkshire "saw an opportunity to invest at an attractive price, and they believe in us". The result is that only 3% of the company's entire investment portfolio is within close proximity (a quarter mile in any direction) to ANY Sears (NASDAQ:SHLD), J.C.

Economy Google Home welcomes up to six users in the UK
Author: 0 Google Home welcomes up to six users in the UK

If this is a feature you've been waiting for, let us guide you through how to set it up quickly and easily so you don't have to wait much longer. To allow more people to connect their accounts to a single device, you'll all need the Google Home app on your phone and will need to ensure multiple users are enabled.

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