Economy / 147

The impact of Iran sanctions - in charts

May 15, 2018

The president's decision to renew sanctions against Iran, a major oil producer, could land on the shoulders of American drivers. The head of the Saudi Ministry of foreign Affairs approved the decision of President Donald trump to withdraw from nuclear agreement with Iran.

USA wants to work with Europeans on new Iran deal: Pompeo

May 15, 2018

White House national security adviser John Bolton said USA sanctions on European companies that maintain business dealings with Iran were "possible", while Secretary of State Mike Pompeo said he remained hopeful Washington and its allies could strike a new nuclear deal with Tehran.

More than 100000 energy accounts switched from British Gas

May 15, 2018

Additional call-out costs will hit adjusted operating profit for United Kingdom services in the first half, which are set to come in lower than the same period a year ago. The UK's biggest energy supplier had its busiest ever week for boiler repairs during the cold weather in February and March, leading to callout costs that will drive its services unit's first-half profits down compared with previous year.

OPEC+ may build up oil production due to United States sanctions against Iran

May 15, 2018

Indo-Iran ties have been on a upswing after Tehran sealed the nuclear deal with the global community in 2015. According to Time , these sanctions will also hurt the U.S. The White House will be watching USA domestic gasoline prices in the coming weeks to determine how tough it wants to be on Iranian oil buyers, said UBS analyst Giovanni Staunovo.

Analyst at Numis Keeps Diploma PLC (LON:DPLM)Stock Rating as a 'Add'

May 15, 2018

Close Brothers Group (LON: CBG ) has been assigned a consensus rating of "Hold" from the eleven brokerages that are now covering the company, Marketbeat reports. The firm has "Equal Weight" rating given on Tuesday, November 28 by Barclays Capital. On Thursday, January 11 the firm has "Buy" rating by Investec given.

SpaceX Falcon 9 Ultimate Rocket Targets 99 More Launches

May 15, 2018

The first launch of a heavy rocket, the Falcon 9 version Block 5 was held on 11 may 2018 with the first telecommunication satellite of Bangladesh Bangabandhu-1. As has become common for SpaceX , the Falcon 9's first stage will attempt to fly itself back to a landing on an offshore droneship after boosting Bangabandhu 1 out of the thick lower atmosphere.

Family Planning NSW hit by cyber attack

May 15, 2018

Thousands of people who contacted family planning services have had their data stolen by cyber criminals. FPNSW chief executive Ann Brassil told reporters on Monday that the medical records of patients were secure and not compromised in any way.

CBS declares war on Shari Redstone over Viacom merger

May 15, 2018

The agreed upon price was a ratio of 0.6135 CBS shares for every Viacom class B share. "If consummated, the dividend would enable the company to operate as an independent, non-controlled company and more fully evaluate strategic alternatives", CBS stated.

Chipotle Manager Accused of Stealing $626 Gets $8M

May 15, 2018

The jury dominated Ortiz was a sufferer of a scheme to defame her for submitting a employee's compensation declare for a job-related wrist damage brought on by carpal tunnel syndrome, the newspaper reported. (File picture) An ex-manager of a Chipotle restaurant in Fresno, California, has been rewarded $8 million for wrongful dismissal by a jury. Ortiz was making $70,000 a year as a general manager and was in line for a promotion that would've bumped her salary to at least $100,000 according ...

HSBC performs first trade finance deal using single blockchain system

May 14, 2018

The companies exchanged the information needed for the letter of credit in 24 hours, the banks said . HSBC Singapore announced on Monday it was joining forces with ING and agrifood group Cargill to conduct what it claims to be the first live, commercial trade finance transaction on R3's blockchain platform, Corda .

India's wholesale inflation rises to 3.18 per cent in April

May 14, 2018

The index for "Crude Petroleum and Natural Gas" group rose by 2.4 percent to 82.1 (provisional) from 80.2 (provisional) for the previous month due to higher price of natural gas (4 percent) and crude petroleum (two percent). Housing inflation came in at 8.50 percent in April versus 8.31 percent, month-on-month. It stood at 2.47 per cent in March and 3.85 per cent in April a year ago.

Bolton: 'Regime change' in Iran not policy of Trump administration

May 14, 2018

President Donald Trump has repeatedly threatened to pull out of the JCPOA unless Congress and America's European allies "fix" it with a follow-up accord. In fact, the Times suggested that the real issue at hand is whether the Trump administration would pursue "regime change" in Iran or merely seek to change the regime's behavior.

Facebook goes after apps that access its users' data, suspends 200

May 14, 2018

The investigation is one of a series of responses from Facebook following the data scandal, with new tools having also been rolled out to users to provide clearer access app permissions and privacy settings. The investigation is ongoing but the site has confirmed hundreds of apps have so far been suspended, pending further analysis of their behaviour. As CNN explained , the goal is to crack down on any kind of egregious data breach like that of election consulting firm Cambridge Analytica .

Asiana A330 slices vertical fin off Turkish A321

May 14, 2018

The Asiana Airlines A330 (registered HL7792) was taxiing as flight number OZ552 from Istanbul Atatürk to Seoul Incheon, when it struck the Turkish Airlines A321 (TC-JMM). While an investigation is underway to find out which side has been at fault, the company said it had substituted the damaged plane with another one, which will depart Istanbul at 12:40 p.m.

Pittsburgh gas prices unchanged; could hit $3 per gallon nationally

May 14, 2018

The Detroit-area's average was about $2.94, up about 6 cents per gallon. $2.37/g in 2017, $2.15/g in 2016, $2.74/g in 2015, $3.49/g in 2014 and $3.42/g in 2013. Huntsville- $2.57, up 0.9 cents per gallon from last week's $2.56. In the Pittsburgh area, the per gallon price remained at $3.07, according to GasBuddy's survey of 731 gas outlets.

OPEC raises global oil demand outlook for 2018

May 14, 2018

This might mean that by the end of the year, the United States will be the world's largest producer of oil. If US seeks to reduce Iran's oil exports, oil supply in the markets will drop by one million barrels per day (bpd), a senior strategist maintained.

Nirav Modi scam: Top PNB officials named in CBI charge-sheet

May 14, 2018

Following this, the accused will not be able seek bail. The Central Bureau of Investigation (CBI ) on Monday filed its first chargesheet in the alleged Rs 13,400 crore fraud involving diamantaire Nirav Modi and his uncle Mehul Choksi , PTI has reported.

Panchayat polling begins under tight security cover

May 14, 2018

A BJP worker Tapan Mandal allegedly died in Murshidabad's Beldanga Assembly. Results of the poll will be declared on May 17. Three TMC workers were injured in a clash which broke out between the cadres of the two parties on May 8 in Gosaba village of South 24 Parganas district in West Bengal .

Walmart may have to take Flipkart public

May 14, 2018

Hence, even if it changes its mind, it is welcome to do so. " Walmart should not have any issue with that ", he said , asking not to be named. After selling its significant minority stake in Flipkart to Walmart, Japenese internet giant SoftBank has held early discussions to invest more in Paytm Mall, an online and mobile marketplace and a subsidiary of One97 Communications' Paytm brand, which also counts Chinese online commerce giant Alibaba as its investor.

Coca-Cola European Partners plc (CCE) EPS Estimated At $0.39

May 14, 2018

The organization posted $0.39 earnings per share (EPS) for the three-month period, missing the Thomson Reuters' analyst consensus estimate of $0.38 by $0.01- amounting to a surprise factor of 1.40%. Allen Holdg holds 6.00M shares. BlackRock Inc. now owns 241,677,773 shares of the company's stock valued at $10,839,247,000 after buying an additional 750,257 shares in the last quarter.

Xerox terminates agreement to merge with Fujifilm

May 14, 2018

But Icahn and Deason blasted the deal , saying it significantly undervalued the United States company and would be its "death knell". Xerox said it reached a settlement to replace its chief executive and overhaul its board after it ended a plan to combine with its joint venture with Fujifilm.

Andrew McCutchen gets standing ovation, MVP chants in return to Pittsburgh

May 14, 2018

Pittsburgh starter Trevor Williams gave up four runs over five frames for a ND with Richard Rodriguez allowing an 8th inning run yet still picking up the win. The Pirates are now tied for second place in the NL Central, only a 1/2 game behind the Cardinals. Rookie Andrew Suárez was the starter the last time the Giants won, but he battled command issues throughout four rough innings against a Pirates team that's now won four in a row.

Tesla with autopilot slams into truck, apparently without braking before impact

May 14, 2018

Winkler said information gathered during the investigation was the Tesla was southbound on Bangerter Highway, traveling at the posted speed limit of 60 miles per hour when for an unknown reason the driver failed to stop for the red light.

Lavrov: US sanctions on Iran should not destroy JCPOA

May 14, 2018

Washington has given European firms doing business in Iran up to six months to wind up investments or risk U.S. sanctions and they are also forbidden from signing any new contracts with Iran. The leaders of France, Germany and the United Kingdom have also expressed their regret over the USA decision in a joint statement, stressing their countries' commitment to the JCPOA.

Britain Firmly Committed to Ensuring Iran Nuclear Deal

May 14, 2018

Mogherini is scheduled to chair talks between Iran's foreign minister and his British, French and German counterparts in Brussels on Tuesday to discuss the USA withdrawal from the nuclear agreement, officially known as the Joint Comprehensive Plan of Action ( JCPOA ).

Bolton Warns Sanctions Possible for Doing Business With Iran

May 14, 2018

The two leaders agreed for their teams to hold discussions on the potential impact of U.S. sanctions on firms doing business in Iran . But the most stinging result of America's decision to pull out of the Iran deal could be the birth of a new war in the Middle East.

US 'wrong' to abandon Iran nuclear deal: Erdogan, Putin

May 14, 2018

The presidents also discussed matters related to the Syrian peace process and the implementation of key bilateral projects. Zeybekci emphasized that Turkey's position was clear on Iran , which was a "friendly and brother" country for Ankara .

In new ad, Congressional candidate in New Mexico says 'F- the NRA'

May 13, 2018

His ad ran at about 12:30 p.m. on Friday on the local CBS affiliate, KRQE . "F**k the NRA", Davis says in the opening of the ad. An August 2017 shooting at a public library in Clovis left two dead and four wounded. "This issue is unique". He said the reaction nationally to the ad has been swift, and that his campaign has seen an uptick in contributions from donors around the country since it aired.

Rhetoric over USA exit from Iran deal rises amid sanctions threat

May 14, 2018

Israel and Iran engaged in an extensive military exchange on the heels of Trump's decision to leave the deal. The European parties to the deal as well as Russian Federation criticized the US withdrawal. On Saturday, French President Emmanuel Macron told Trump in a telephone call that he was anxious about stability in the Middle East, according to Macron's office.

Iran Welcomes Restoration of Peace, Security to Armenia

May 13, 2018

Both are members of the Armenian Revolutionary Federation (Dashnaktsutyun). "I understand that Moscow has its concerns but I believe that after we hold meetings and conversations, there will be no more concerns". Lawmakers elected Pashinyan by a 59-42 vote after a leader of the ruling Republican Party, Vahram Baghdasarian, announced his party would give Pashinyan 11 votes, which helped put him over the top.

Baby names: New favorite for USA boys, retro picks for girls

May 13, 2018

It was ranked second from 2014 to 2016. On the female side, Emily fell out of the top 10 for the first time since 1990. This also marks 12th year running that the name Sophia is once among the top 10 most popular girls' name. Interestingly, the names Sophia and Sofia were both in the top 15 for girls due to their different spellings. The Huffington Post pointed out that the name Donald saw no change in 2017 despite Donald Trump being president.

Does Pfizer Inc. (PFE) Have Any Gas After Forming This Bearish H&S?

May 13, 2018

Gfs Advisors Llc acquired 10,145 shares as Pfizer Inc (PFE)'s stock declined 3.13%. The institutional investor held 18.02M shares of the health care company at the end of 2017Q4, valued at $652.72 million, down from 18.37M at the end of the previous reported quarter.

Chili's Bar & Grill notifies customers about data breach

May 13, 2018

The bar and grill company released a statement Saturday informing customers of a "data incident". The statement does make it clear that not all guests were impacted and no personal information such as social security numbers, dates of birth and ID numbers were compromised.

Is there a Bearish outlook for Education Realty Trust, Inc

May 13, 2018

In Tuesday, January 16 report RBC Capital Markets maintained it with "Buy" rating and $62.0 target. Finally, DA Davidson downgraded Kite Realty Group Trust from a "buy" rating to a "neutral" rating and set a $16.00 price objective on the stock.in a research report on Monday, February 5th.

As of May, 10 Smart Sand, Inc. (SND) EPS Estimated At $0.13

May 13, 2018

The company reported $0.06 EPS for the quarter, missing the Zacks' consensus estimate of $0.15 by ($0.09). Smart Sand might not be one of the top fracking stocks to consider buying amid the oil market recovery, but shares are certainly cheaper after today's sell-off and could bounce back sharply if earnings begin heading higher.

Aer Lingus apologises after two Leinster fans stranded in Dublin

May 13, 2018

The crew of Aer Lingus Flight EI-582 originally informed air traffic control of their concerns shortly after the plane took to the skies. "The aircraft turned back less than an hour into the flight, due to a technical issue, and landed safely at Dublin at 9.52 a.m.", an airline spokesperson confirmed in a statement.

Nigerian booted out of United States airline after passenger complained of body odour

May 13, 2018

She said "excuse me" thrice but when the passenger refused, Obioma squeezed her way past him. Obioma had been sitting in business class. When a flight attendant failed to resolve the conflict as the man continued to refuse to move to his own assigned seat, Obioma agreed to take his spot.

Cambridge Analytica yet to respond to government's notice

May 13, 2018

We are committed to protecting people's information and safeguarding the integrity of elections in India. The Ministry of Electronics and IT had served the second notice to Facebook shortly after finding the first reply from the British data firm Cambridge Analytica "cryptic and evasive".

Boston Dynamics will start to sell robots-dogs

May 13, 2018

Raibert said the SpotMini, which they claim is the " quietest robot [they] have built ", is already in pre-production and preparing for commercial availability in 2019. The robots are increasingly able to move in a natural, smooth way. The 5-foot tall machine can jog and jump over logs, all on its own. Boston Dynamics was bought from Google's parent company, Alphabet, by Japanese firm SoftBank in August past year, but it looks as though developments are surging ahead.

Philadelphia 76ers: Is Jonah Bolden coming to America?

May 13, 2018

The Sixers won 52 regular-season games this season. They also took care of business against the Miami Heat in the first round of the playoffs. Joel Embiid is a superstar. Redick averaged 17.1 points and shot 42 per cent from three-point range on a USD23 million, one-year deal. While George could opt to join the Sixers, his infamous words after losing to the James and the Cavs in the 2017 postseason were that it's "really frustrating to continue losing to the same team or same person".

Exxon Mobil Corporation (XOM) year to date performance remained at -4.44%

May 13, 2018

The stock underperformed the S&P 500 by 20.84%. More interesting news about NVIDIA Corporation (NASDAQ:NVDA) were released by: Nasdaq.com and their article: "NVIDIA Corporation Q1 adjusted earnings Beat Estimates" published on May 10, 2018 as well as Globenewswire.com 's news article titled: "NVIDIA Announces Upcoming Events for Financial Community" with publication date: May 01, 2018.

Hewlett Packard Enterprise (NYSE:HPE) Holdings Cut by FTB Advisors Inc

May 13, 2018

Volatility is one of those things which for many retail shareholders means very little, but it's the basis on which stocks and are traded and the sentiment in markets is also assessed. The stock closing price is now trading downward to its 50 day moving average with change of -1.12%, escalated to its 20 day moving average with figure of 1.71% and above its 200 day moving average with value 14.80%.

Oil prices hit 3-1/2-yr high

May 13, 2018

Commodity pricing group S&P Global Platts , however, said it was anticipating a 500,000 barrel draw in USA commercial crude oil levels and was seeing the trend line supportive of higher crude oil prices. They expect Iran's oil exports to drop by 350,000 to 500,000 barrels a day over the next six months. Trump's withdrawal from the nuclear deal with Iran, which has pushed up the price of oil , thus benefiting Shell and other oil companies, threatens to put billions of dollars worth of ...

U.S. and UAE strike deal resolving airline dispute

May 13, 2018

The US airlines alleged over the years that the UAE carriers received subsidies but the UAE airlines have vehemently rejected these accusations as baseless. Travel Association CEO Roger Dow said. Still, the agreement rests on a tacit understanding between the US and Emirati governments that more routes won't be added, several individuals familiar with the negotiations said.

Today May 10 iShares MSCI EAFE Value ETF (EFV) Increases 0.18%

May 13, 2018

The ETF is -8.89% of its 52-Week High and 14.68% of its low, and is now having ATR of 2.76. The ATR basically measures the volatility of a stock on a day-to-day basis. The RSI was originally created by J. Welles Wilder which was introduced in his 1978 book "New Concepts in Technical Trading Systems". Since its inception, RSI has remained very popular with traders and investors.

Polaris Capital Management LLC Stake in Bhp Billiton Plc (BBL) Increased

May 13, 2018

BHP Billiton plc (NYSE:BBL) has $121.76 billion market cap. Ticker's shares touched $45.96 during the last trading session after 1.46% change.BHP Billiton plc has 2.06M shares volume, 5.48% up from normal. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company.

Bank of America Predicts Oil to Hit $100 per Barrel in 2019

May 13, 2018

German Chancellor Angela Merkel said ways to save the deal without Washington needed to be discussed with Tehran, while France's finance minister Bruno Le Maire said EU states would propose sanctions-blocking measures to the European Commission.

A Look Ahead For 2 Stocks: Wells Fargo & Company (WFC), Inpixon (INPX)

May 12, 2018

The stock decreased 1.11% or $0.09 during the last trading session, reaching $8. Rockefeller Capital Management L.P. acquired a new stake in shares of Wells Fargo in the first quarter valued at about $154,981,000. According to 26 analysts, the Average Revenue Estimate for the current Fiscal quarter is $4.81 Billion and the Low Revenue estimate is $4.61 Billion, while the High Revenue estimate is $4.9 Billion.

Invesco Quality Municipal Income Trust (NYSE:IQI) Big Money Sentiment Is 1.48

May 12, 2018

Freeport-McMoran Copper & Gold had 106 analyst reports since July 28, 2015 according to SRatingsIntel. Goldman Sachs maintained Prudential plc (LON:PRU) on Wednesday, August 12 with "Conviction Buy" rating. It dropped, as 67 investors sold T shares while 714 reduced holdings. 89 funds opened positions while 265 raised stakes. The Georgia-based Capital Investment Advisors Llc has invested 0.03% in the stock.

Liam Payne interrupts Cheryl in the LOO during live radio interview

May 12, 2018

The chart-topper added more glamour to her look with a pair of oval-shaped sunglasses. Her look was topped off by glittering De Beers diamonds and of course, as she works closely with L'Oreal', she wore their Cannes limited-edition shade of lipstick too.

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