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UK lawmakers press government for vote on Brexit-EU talks

He said the government should not use an ancient power to strip away rights such as freedom of movement for people, trade and services that were granted by the 1972 act of parliament that sealed Britain's entry into the bloc. " Labour have argued th...

Appeals court: Consumer watchdog structure unconstitutional

The decision was a response to a petition from mortgage lender PHH Corp., which asked for the CFPB to be eliminated and for the court to dismiss a $109 million enforcement action from the agency. "The statute of limitations issue will significant...

Donald Trump won't say vulgar remarks reference 'sexual assault'

Today , with all of the media focusing on Trump's Access Hollywood remarks, another disturbing comment went unnoticed - and this one's pretty disgusting. After the recording was released, Trump responded with an apology, stating that he had "said...

Employers add 156K; US jobless rate ticks up to 5 pct

With manufacturing relatively weak, the goods-producing sector is a virtual no-show when it comes to jobs creation. The unemployment rate ticked up a tenth of a percentage point to 5.0 percent as more Americans rejoined the labor force. The annual gr...

Marvel reveals "Iron Fist" launch date for new Netflix series

This will lead up to the teaming of the main characters in Marvel's The Defenders. The Netflix series " Luke Cage " debuted on September 30, which means that many viewers have already made their way through the entire first season. However, when a ...

Wal-Mart plans to slow new store openings, invest in online

It closed a $3.3 billion purchase last month for online retail startup Jet.com, and on Wednesday it almost doubled its investment in JD.com, the second-biggest e-commerce player in China. In the last full fiscal year, the company's online sales were ...

Easyjet warns of £90m currency hit

That's below the 516 million-pound figure based on analyst estimates compiled by Bloomberg. We do have a handful of stocks trading lower on the day although numerous losses here are being driven by dividend payouts, with pressure on Smith & Nephew ...

Snapchat working on $25b IPO

The valuation could produce the US stock market's biggest initial public offering since online shopping giant Alibaba debuted at a $168-billion valuation in 2014. To be sure, the $25 billion or more figure represents a pretty wide range, and often th...

Samsung targeted by activist investors to restructure

Elliott also says Samsung Electronics should return $75 billion (30 trillion won) to investors via a special dividend and commit to return 75 percent of free cash flow to investors. One factor that could help Elliott in its efforts is Samsung Electro...

Vice presidential debate 2016

Both have largely inoffensive track records (save Pence's signing of a religious freedom bill that critics say is anti-LGBT) and have backed up their candidates consistently on the campaign trail. Sen. Tim Kaine is Hillary Clinton's running mat...

Asian stocks mostly up as Deutsche Bank concerns ease

A currency trader stretches at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Oct. 4, 2016. Shares in Deutsche Bank and other European banks have sagged as low and sometimes negative interest rat...

Facebook launches new 'marketplace' for buying, selling

By its own estimate, more than 450 million users visit buy and sell groups on a monthly basis. The closest Indian equivalent of the model could be a Quikr or Olx, that allow buyers and sellers to directly interact with each other. Meanwhile, the ...

ING Plans to Cut About 5800 Jobs Through 2021 to Reduce Costs

The bank is investing €800M to improve its digital services as it works toward one digital platform. The announcements herald the latest wave of job cuts at European banks, which have struggled to increase profitability since the global financial c...

Deutsche Bank shares rebound in wild trading session

Stocks are moving higher on Wall Street as the market bounces back from a steep loss the day before. The Standard & Poor's 500 index rebounded 22 points, or 1 percent, to 2,172. "Even at 5.4 billion dollars, Deutsche Bank would likely to raise capi...

Goldman says decision to add $10 to H1 2017 oil prices

Oil fell, trimming a second monthly gain, amid doubts that OPEC will deliver on an accord to reduce production. "With such uncertainty around the minutiae, we expect uncommon volatility in the oil market until OPEC's November meeting", analysts...

Banks lead US stock recovery; Costco lifts consumer stocks

Deutsche Bank was in the news over the weekend when six current and former employees, along with former executives at Banca Monte dei Paschi di Siena and Nomura Holdings Inc., were charged in Milan for market manipulation falsifying accounts of Ital...

Black box recorder recovered from wreckage of train crash

Investigators are looking at the event recorders in a commuter train to see what caused it to crash in New Jersey earlier this week. NTSB officials said they have begun going through relevant records, including the train's maintenance history, ...

Nissan wants Britain to commit to Brexit compensation before more investment

Nissan chief executive Carlos Ghosn spoke out to ask for guarantees from the Government, including compensation in case tax barriers are raised as a result of the United Kingdom leaving the European Union. "If 85 percent has to pay trade duties it w...

Asian stocks lower on renewed worries about banking sector

The dollar index, which measures the greenback against a basket of six major currencies, was last up 0.09 percent at 95.518.DXY. An MSCI gauge of global shares dropped 0.3 percent, while still on pace for the longest monthly rally since June 2014.

Stocks skid as drugmakers fall, then bank woes deepen losses

The Dow Jones industrial average lost 195.79 points, or 1.1 percent, to 18,143.45. " Deutsche Bank has serious issues", said Joseph Trevisani, chief market strategist at WorldWideMarkets in Woodcliff Lake, New Jersey. The Nasdaq Composite Index dr...

Jets' Eric Decker out with partially torn rotator cuff

His ability to score has carried over from last season, as he has totaled two touchdown receptions on nine catches this season. The rookie suffered a torn shoulder labrum and could be out "a couple of weeks" according to Bowles. But a look at the dep...

Energy Slumps on OPEC Woes (UWTI, XLE)

Oil prices have fallen by more than half since mid-2014 because of a market glut caused by a United States shale oil boom and the Organization of the Petroleum Exporting Countries opening the valves to maintain its own market share. Iran , which prod...

Oil rises on Saudi offer to cut output as OPEC talks loom

Around 1000 GMT, U.S. benchmark West Texas Intermediate (WTI) for delivery in November was down 77 cents at US$45.55 a barrel. Sources told Reuters on Friday that Saudi Arabia did not expect a decision to be made in Algeria, while Saudi Arabia...

Disney (DIS) Reportedly Mulling Bid for Twitter

Twitter , Microsoft, Disney and Facebook were not immediately available for comment. Twitter has been trying to advance a video-streaming strategy lately and Disney could help with that in a big way, Bloomberg said. Twitter CEO Jack Dorsey als...

Vancouver Foreign Buying Activity Slowed Dramatically After Property Transfer Tax

The value of home sales involving foreign buyers dropped to C$46.9 million (S$48.4 million) during August from C$2.3 billion in slightly more than the seven weeks before the tax went into effect. 1. "This will help government assess the impact of...

People are selling the new £5 note on eBay for over £200

The notes, released last week, are already flooding eBay for rare money collectors and people eager to get their hands on them early. The first-ever note has the serial number AA01 000001 and was given to the Queen, but there are 999,999 other ne...

Airbus says US grants license for planes in Iran deal

Airbus's USA rival Boeing also has a tentative deal with Iran Air, which the airline and people familiar with the order said could be worth $25 billion. Before the nuclear deal under which Iran has curbed its atomic programme in return for a lifti...

Markets Right Now: US Stocks Open Higher

The Standard & Poor's 500 index climbed 10 points, or 0.5 percent, to 2,150. Energy companies were also moving higher along with the price of oil. Bond prices rose. "I think (housing data) helps solidify the position for the Fed to hold rates", S...

Regulating Self-Driving Cars For Safety Even Before They're Built

Obama administration officials are previewing long-awaited guidance that attempts to bring self-driving cars to the nation's roadways safely - without creating so many roadblocks that the technology can't make it to market quickly. "Other companies a...

Dairy prices post slight gain at auction

Fonterra said its sales volume increased by 4 per cent to 23.7 billion liquid milk equivalents (LME). The New Zealand dairy co-operative, Fonterra (ASX:FSF), says its full year net profit (after tax) surged by 65% to NZ$834 million. It maintained a...

Former House speaker joins Washington law 12:27 pm Tue

Rather, his role will be "a strategic adviser to clients" with a focus on global business development. "I left the private sector and got into public service decades ago because I wanted to help remove government barriers to economic growth and job...

China approves Marriott's deal to buy Starwood

The stock changed -2.81% across its SMA 200 of $16.48 with negative trend and moved downside -8.52% it's SMA 50 of $17.51. A look at performance overview of Host Hotels & Resorts, Inc. generated almost $1.46B in sales. 03/22/2016 - Starwood Hotel...

Samsung urges consumers globally to stop using Galaxy Note 7

The call from the world's largest smartphone maker comes amid reports of the phones catching fire. Both Vodafone, Spark and 2 Degrees have all stopped sales of the phone and are offering various options for trading in replacing the units at stores....

NOC lifts Libya ports force majeure

Starting on Sunday, pro-Haftar forces attacked the ports of Ras Lanuf, Es Sider, Brega and Zueitina, taking control from the Petroleum Facilities Guard (PFG), a rival force allied to the UN-backed Government of National Accord (GNA). Jathran had long...

Senator says Israel made a mistake by signing security deal

Those include Israel's promise not to seek additional funds from Congress beyond what will be guaranteed annually in the new package, and to phase out a special arrangement that has allowed Israel to spend part of its US aid on its own defense indust...

Korea considers banning Samsung Galaxy Note 7 on flights

As part of its global recall of Galaxy Note 7 after reports of battery explosion surfaced, Samsung Australia has formally recalled 51,060 such devices. In a note recently posted on its website, Facebook-owned Oculus has warned the users of Samsu...

UK minister: Britons may need visas to visit EU after Brexit

Work permits are among the post-Brexit migration curbs being considered but any changes must be good for the United Kingdom economy, the home secretary has said. She also confirmed the government was looking at ways of reducing the number of people u...

Canada Post and CUPW talks extended 24 hours

Labour Minister MaryAnn Mihychuk said in a statement that the agreements were reached voluntarily. Canada Post and CUP-W agreed to a 24-hour extension of mediated talks aimed at resolving their long-standing dispute. Cran argues that because a poss...

AirAsia Plane Lands in Wrong Damn Country Due to Pilot Error

Flight 223 to Kuala Lumpur on March 10, 2015 had to be guided to Melbourne to land after the captain inadvertently entered the wrong data in the flight computer. "Effective monitoring and assistance provided by air traffic control reduced the risk ...

Australia marks 25 years of unbroken economic growth

That helped offset another steep decline in mining investment, which has been dragging on the economy for more than three years now. Australia's net International Investment Position was a liability of $1,035.9 billion at 30 June 2016. Financial ma...

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Breaking News

Have Facebook and Twitter Stocks Become Attractive?

Twitter's aggressive moves to clean up the platform had not detracted from its advertising revenue, said the social network's chief financial officer, Ned Segal, during a conferen...

Facebook stock falls 24 percent following report of slow user growth

The social media company has contended for years with criticism about its content policies, its failure to safeguard private data and its changing rules for advertisers. The owner ...

US Treasury Secretary denies any chance or a currency war

The dollar index is so far up 2.4 percent this year. The dollar index went as deep as 94.207 on Monday, the lowest in more than two weeks. The Chinese Foreign Ministry also said ...

Trump's threat of tariffs on all $505bn of Chinese imports knocks markets

For two straight days, President Donald Trump has committed a major break in American political convention by commenting on the actions of the Federal Reserve and the critici...

U.S. payrolls rise 213 000, wage gains slow and unemployment rises

Following these revisions, job growth in America has averaged 211,000 over the last three months - which is in line with what is needed to sustain a growing population. Asian unemp...

US Chamber Of Commerce Launches Campaign Against Trump Tariffs

In 2017 South Africa exported R50.3 billion of automotive components - and Germany was the top export destination for the industry. Krugman warns that consequences of these d...

European Union 'possibly as bad as China' on trade with US, Trump says

The document also said that European vehicle makers in the USA make about 2.9 million cars per year, accounting for 120,000 jobs directly involved in the manufacturing process, o...

Amazon will help entrepreneurs form companies to deliver its packages

Kroger, the grocery giant, is also upping its delivery game partnering with the self-driving auto company Nuro. That's a lot of revenue, but also a lot of deliveries. The co...

Oil ministers back output hike despite Irans walkout

The Organization of the Petroleum Exporting Countries is meeting in Vienna together with non-OPEC oil producers to discuss output policy. The price of oil jumped after the anno...

OPEC agrees to pump more oil and crude prices jump

The production increase will partly undo a 1.2 million barrel cut OPEC agreed on in late 2016 that has helped push up the price of oil. But don't expect a drastic drop in oil pric...

Special Reports

Russia Will Take China's Side Against U.S

Russia Will Take China's Side Against U.S

On July 6th, both the US and China will impose 25% tariffs on $34 billion worth of Chinese and USA imports, respectively. On Friday, the president imposed a 25% tariff on $ 50 ...

Tesla rallies with Model Y in the mix

Tesla rallies with Model Y in the mix

Musk said at Tesla's annual shareholder meeting near the company's Palo Alto, Calif., headquarters. "We just did a big set of upgrades, and it's quite likely that we will ...

Rahul Gandhi terms 1 paisa petrol price cut as `prank, childish move`

Rahul Gandhi terms 1 paisa petrol price cut as `prank, childish move`

The state-run oil marketing company reduced petrol and diesel prices by just one paisa on Wednesday - a move that was mocked by social media users and Opposition politician...

Morneau Takes Dig At Scheer’s Business Experience During Trans Mountain Tiff

Morneau Takes Dig At Scheer’s Business Experience During Trans Mountain Tiff

Trudeau is gambling billions of Canadian taxpayer dollars on an oil project that will never be built - a project that Kinder Morgan itself has indicated is "untenable" and that...

Trump heralds United States military in Naval Academy commencement address

Trump heralds United States military in Naval Academy commencement address

Before traveling to Annapolis Friday morning to speak at the commencement ceremony for the U.S. Naval Academy, President Trump said the summit with North Korea could still happen...