Markets

by | November 22, 2016 | 19:06

Switzerland is likely to retain the top spot by a large margin as Swiss wealth per adult could surpass $600,000 within the next five years, predicted the report's authors. The richest European country is Switzerland, where the median wealth is $244,002, debt is $143,364 and wealth per adult is $561,854. Measured in Swiss francs, household wealth rose 44% from 2000 to 2016, an average annual rate of 2.3%.

by | November 22, 2016 | 19:04

A spokesman for Theresa May said: "We are very clear that what we want is a trading relationship that allows United Kingdom companies to trade both with and within the single market and lets European businesses do the same". In Slovakia, Fico, whose country holds the EU's rotating presidency, repeated that member states won't make concessions on the four freedoms ensuring the free movement of labor, goods, services and capital inside the trading bloc.

by | November 22, 2016 | 18:58

The Times said it only learned through Trump's tweets that the meeting was off. However, a front page story in the Times on Tuesday morning strongly suggested, in measured terms, that Trump's vast foreign holdings could represent a violation of the Constitution's Emoluments Clause.

by | November 22, 2016 | 18:57

Earlier this year, R3 revealed that Brazilian exchange group BM&FBOVESPA and China Merchants Bank (CMB) had joined its blockchain partnership, created to apply blockchain technology across global financial markets. According to Reuters , the funding will be raised in phases in the next nine to 12 months. R3, which counts JPMorgan Chase, Bank of America and Citigroup among its members, is just one group that's at the heart of developing the technology, called blockchain, for use at the ...

by | November 22, 2016 | 18:56

The Dow Jones Industrial Average briefly climbed above 19,000 for the first time ever within the opening minutes of the NY market open. While tech stocks rose sharply earlier in the week, they retreated on the final trading day of the week.

by | November 21, 2016 | 05:57

The EIA said that, as crude oil prices recover and spending starts to move back into the USA energy sector, a full-scale rebound is possible for inland resources. The Wolfcamp formation also runs through the DE sub-basin portion of the Permian province, but the DE was not included in the new assessment . The Permian Basin province includes a series of basins and other geologic formations in West Texas and southern New Mexico.

by | November 21, 2016 | 05:56

This win was Sindhu's third in six games against Sun . The Rio Olympic silver medallist survived a marathon battle in the semi-final on Saturday against South Korean shuttler Ji Hyun Sung . She had won the silver medal under the guidance of coach Pullela Gopichand in the Rio Olympics that concluded in August. World No. 11 Sindhu had a 2-3 head to head record against Sun Ya but her performance overtook all the statistics as it mattered very less.

by | November 19, 2016 | 10:42

Under the MCLR, banks need to consider their marginal cost of funds, or the cost incurred on incremental deposits across different maturities, to decide on interest rates. Interbank call rates, the rates at which banks borrow short-term funds from each other, were trading marginally lower at 6.04% from its previous close of 6.05% on Wednesday, as demand eased in the first week of the reporting fortnight.

by | November 18, 2016 | 08:21

But the rout in USA bond prices began to slow, with the benchmark 10-year Treasury note yield US10YT=RR pulling back to 2.197 percent in Asian trade after touching an 11-month high above 2.3 percent earlier in the week. The price of US crude oil soared Tuesday as investors hoped the oil-producing OPEC countries will agree to a production cut that would boost prices. Brent crude, which is used to price worldwide oils, added 82 cents to $47.45 a barrel in London.

by | November 18, 2016 | 08:23

The 225-issue Nikkei average gained 194.06 points, or 1.1 percent, to close at 17,862.21, its highest finish since February 1. Yellen, who testified on the economic outlook before the congressional Joint Economic Committee, indicated little had changed following the victory of Donald Trump in the November 8 US presidential election.

by | November 18, 2016 | 08:24

Trump has vowed to deport or incarcerate as many as three million undocumented immigrants with criminal records. It was, after all, de Blasio - the liberal mayor of New York City - who had described Trump during the campaign as a uniquely unqualified and risky candidate for president.

by | November 18, 2016 | 08:22

Clarkson and his co-hosts, James May and Richard Hammond, told the Sun newspaper the airport employee wouldn't let them on the flight from Stuttgart to Heathrow. "Even the Germans were on our side". One of the cars that the men used to make the 1,400 mile journey, a red Porsche, had a registration plate which read "H982 FKL", which some locals suggested could be a nod to Falklands.

by | November 18, 2016 | 08:22

The trio were returning to the United Kingdom after filming their new programme, The Grand Tour. For the police to investigate the incident further, Mr Clarkson or the airport employee will need to file a complaint. Speaking about Mr Pereira, Clarkson told The Sun: "He's a stupid, bitter and twisted little man". "In this case, Mr Clarkson and his team missed several calls in the lounge while the other passengers have been already boarded".

by | November 17, 2016 | 09:15

Florida State coach Sue Semrau started her 20th season and coached in her 600th game. Cook, who needed just 127 yards coming into Friday's contest to break the school's all-time career rushing mark, finished with 108 yards and a touchdown - and he is now 19 shy of the record heading into next week's road game at Syracuse.

by | November 17, 2016 | 09:14

The stock has slipped to a 1-week low . Lowe's Cos Inc, the No. 2 USA home improvement chain, reported third-quarter profit and sales that missed analysts' estimates as fewer customers visited its stores, and the retailer cut its full-year profit forecast for the second time.

by | November 17, 2016 | 09:14

Target Corp. rallied the most in nearly eight years after a strong back-to-school season fueled third-quarter earnings, stoking optimism for the retailer as it heads into the holidays. Target , No. 22 in the Internet Retailer 2016 Top 500 Guide, said online sales accounted for 3.5%, or $575.4 million, of sales during the fiscal third quarter ended October 29, up 21.0% from $475.6 million during the same period past year, when online accounted for 2.7% of sales.

by | November 17, 2016 | 09:12

It's where they share ideas. Spokesmen for the state's public universities said it's important for students to have a chance to talk about the election and what it means for them. "No crying, no whining, no excuses". "You can't exercise your constitutional right by trampling on someone else's", Kaufmann told the Des Moines Register , apparently with no sense of irony about the fact that his proposed bill would trample on Iowans' First Amendment right to protest.

by | November 16, 2016 | 01:05

The highlight of the device was its dual-core Intel Core i7-6600U chip, consisting of a custom NVidia GeForce GPU. The most expensive one packs 256GB memory, 16GB Ram and an Intel Core i7 processor. The company said an error caused the charge of the battery to be misreported to the operating system and device firmware. Aside from that, the Surface Pro Core i5 with 4GB of RAM and 128GB of storage is being offered at Dollars 200 less than the USD 999 original asking price.

by | November 16, 2016 | 01:07

The Urban index rose by 19.9 percent (year-on-year) in October from 19.5 percent recorded in September, and the Rural index increased by 16.95 percent in October from 16.4 percent in September. With the surprise fall, inflation is even further below the long-term trend - as the chart shows, inflation was more than 5% as recently as 2011 - however after two years of negligible price growth, 0.9% is still substantial.

by | November 16, 2016 | 01:04

Ulyukayev initially opposed Rosneft buying Bashneft, one of the most lucrative state assets to be privatised in years, but eventually signed off on the deal. But unlike some other officials in high-profile corruption cases, Ulyukayev wasn't wearing handcuffs at the court hearing and state television networks didn't run footage of him accepting the alleged bribe.

by | November 15, 2016 | 06:16

The interfaith event was organized to draw attention to the concerns of the Standing Rock Sioux and push elected officials to call for a halt to construction of the $3.8 billion pipeline that's to carry North Dakota oil through South Dakota and Iowa to a shipping point in IL.

by | November 15, 2016 | 06:07

The CM was admitted to hospital on Sept 22 following complaints of fever and dehydration. "The Chief Minister conveyed her condolences to me through phone", he told Puthiya Thalaimurai, a Tamil news channel. She can go whenever she feels fit. DMK's M.K. Stalin, Leader of Opposition in Tamil Nadu Assembly, on Monday criticised Chief Minister J. Jayalalithaa for not expressing even words of comfort to people suffering cash crunch but focussing on their votes instead.

by | November 14, 2016 | 02:01

To cover up the lapse on their part for not opening the ATMs, many banks have announced that the whopping withdrawal costs would not be levied for now. . Earlier this week, the Reserve Bank of India had said it could take a while to reprogram ATMs, which allow people to withdraw up to a maximum of Rs 2,000 per card per day up until 18 November, and then to ₹4,000 a day after November 19.

by | November 13, 2016 | 08:41

Shoppers are directed by a police officer after being evacuated from the Crossgates Mall in Guliderland, N.Y., Saturday, Nov. 12, 2016. "There were two men, they were shooting at each other - 15, 16 times, at least", she said. but were not arrested. Hundreds of people were evacuated. She had been shopping at the gap. she said "They were wonderful". However, he strongly encouraged prospective shoppers to watch for updates on the mall's Facebook page and Twitter account, along with ...

by | November 12, 2016 | 08:39

In the past five years, circulation of all currency notes grew 40 per cent, compared with 30 per cent growth in Asia's third-largest economy. A guarantor (Central government in this case) can not withdraw its guarantee mentioned on these currency notes.

by | November 12, 2016 | 08:35

White skin solidarity won the election for Donald Trump , allowing a mediocre white man - a bully and misogynist, a carnival barker and a circus side show act, operating in the gutter and peddling trash - to become the most powerful individual in the nation and the world.

by | November 11, 2016 | 01:51

Verizon offered to buy Yahoo's core internet assets in July. But a Yahoo filing with the US Securities and Exchange Commission on Wednesday revealed that at least some within the company were aware of the intrusion two years earlier. That said, the company has "subsequently incurred expenses" related to the hack and it expects to incur "investigatory, legal, and other expenses" associated with it in the foreseeable future, the filing points out without providing a figure.

by | November 10, 2016 | 02:21

The business earned $41.26 million during the quarter, compared to analyst estimates of $43.48 million. EPS growth in next year is estimated to reach 2.50% while EPS growth estimate for this year is set at 134.40%. The brokerage now has a $4.00 price target on the stock. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of USA and worldwide copyright law.

by | November 10, 2016 | 02:16

From the 16 brokerages who cover Starbucks Corporation and who were polled by Zacks, the stock has a mean price target of $64.375. Piper Jaffray Cos. reiterated an outperform rating and set a $72.00 target price on shares of Starbucks Corp.in a report on Friday, July 22nd.

by | November 10, 2016 | 02:11

Rio Tinto said that it become aware in August of email correspondence from 2011 relating to US$10.5mln payment to a consultant providing advisory services at Simandou. It duly delivered a bankable feasibility study but then weeks later said it planned to shelve the project following a decision by newly appointed CEO, Jean-Sebastien Jacques, that it could not be justified against then iron ore price.

by | November 09, 2016 | 09:20

Richard Bruton, the education minister, had said that the payments would be restored if teachers agree to undertake the unpaid work. He says he already senses bitterness amongst the parents and the teachers. As a result, hundreds of schools will be forced to close tomorrow to protect the health and safety of students and staff". In a statement, the union said it is "regrettable" that the planned withdrawal from supervision and substitution will go ahead, citing "no progress" on key issues.

by | November 09, 2016 | 09:16

Mr Farage is so confident Mr Trump will win the presidential race that he's booked a flight to the U.S. for tomorrow morning, when we will know who has been elected the 45th USA president. The unidentified spokesman added: "We will also be launching with all Leave campaigns including members of all political parties a march on the Supreme Court to make a point that "Brexit means Brexit" ".

by | November 07, 2016 | 01:47

NY hasn't been as fortunate when facing its bitter NFC East rival, as the Giants have dropped five of their last six to the Eagles at MetLife Stadium since it opened in 2010. Berhe has cleared the concussion protocol but it's not known if he will play or how much. Wentz completed 32 of 43 passes, but totaled just 202 yards though the air, which worked out to a pitiful, season-low average of just 4.7 yards per pass attempt.

by | November 07, 2016 | 01:43

Duterte, a self-proclaimed socialist with close links to communists, announced in Beijing the Philippines' "separation" from the United States, throwing into doubt a 70-year alliance that is anchored on a mutual defence treaty. The President acknowledged that the Philippines-Japan strategic partnership has worked "very well" as both countries have gained much and will continue to benefit from it.

by | November 07, 2016 | 01:38

African-Americans have seen some of the biggest gains in health insurance under the Affordable Care Act, gains that could be quickly wiped away if Donald Trump wins the White House. The nonstop debates over those travails and Trump's misogyny do not interest them either. In a radio broadcast Wednesday, Obama, who had previously called African Americans who are not backing Clinton "a personal insult" to his legacy, urged more black voters to head to the polls.

by | November 07, 2016 | 01:37

Officials found Orozco's body in a well on a family member's property on Saturday, Smith County Sheriff Larry Smith said at a press conference Sunday. Immigration and Customs Enforcement (ICE) detainer. Police in the area about 100 miles southeast of Dallas did not immediately announce any arrests or discuss the cause of death Saturday night.

by | November 06, 2016 | 05:53

Inc. raised its position in shares of Genworth Financial by 81.6% in the second quarter. The sales consensus among polled analysts prior to the last earnings announcement was $ 2,078.77M. The Company provides insurance, wealth management, investment and financial solutions. (NYSE: GNW)'s latest quarter, EPS moved to $0.25 from $0.21 in preceding quarter and revenues reached at $2,236.00M compared to $1,785.00M.

by | November 05, 2016 | 06:30

The population of Hamam al-Alil, an I.S. -held area south of Mosul that is an upcoming target for Iraqi forces, has reportedly almost trebled, it said. In a briefing from Baghdad to the Pentagon , Dorrian said that ISIS had assembled about 50 trucks that the USA military believed were going to be used to transport civilians back into Mosul.

by | November 05, 2016 | 06:30

Obviously, with the 5 million estimate on Friday, generations of Cubs fans had far more pent-up celebrating to do. I'm gonna come back just to heckle [Anthony Rizzo] from the seats near first base. "It's a Chicago thing", said Diane Burkley, 67, a nurse, sprinkling salt on her hash browns. For the city of Chicago , it was so much more. "We needed this.

by | November 03, 2016 | 07:02

Broadcom expects Brocade's FC SAN business will contribute Dollars 900 million of annual EBITDA in its fiscal year 2018. "With deep expertise in mission-critical storage networking, Brocade increases our ability to address the evolving needs of our OEM customers".

by | November 03, 2016 | 07:00

General Motors reported a fall of 1.7 percent in total unit sales. The 500 minicar was the brand's best-seller in the month, and its 1,276 sales was just 71 units shy of outselling the brand's other three vehicles combined. There were some bright spots in the sale figures. Automotive News is reporting that an anonymous source informed them Ram's "current light-duty pickup will continue production at Warren Truck Assembly in suburban Detroit and in Saltillo , Mexico, into 2019".

by | October 31, 2016 | 02:22

About 25 percent of voters from each party indicate they'd dress up as the opposite candidate for the objective of scaring people, and twice as many Americans would dress up as Trump exclusively to mock him, versus the same scenario for Clinton.

by | October 31, 2016 | 02:20

Tyler Perry's latest is just as bad as it looks, but box office competition is practically nonexistent which has helped the film stay at the top. Perry's latest movie about his tough-talking grandmother remained No. A Madea Halloween held onto the number one spot for a second time leaving the Hanks sequel Inferno to settle for second place with a soft opening.

by | October 30, 2016 | 11:40

Hollande also urged Britain to do more to help underage migrants in Calais , a port city that has always been a magnet for desperate travelers from the Mideast and Africa seeking to reach British shores. "We are anxious about what happens next - there will be a multitude of small camps where conditions are even worse than in the Jungle", she said. "We will evacuate the camps in Paris , because it can not be a long-lasting solution".

by | October 29, 2016 | 11:09

Rights group Penal Forum said there were more than 208 arrests nationwide, with 119 people still detained on Wednesday night. If not, a march will be held at the presidential palace on November 3. "The opposition is letting the streets go cold". " Nicolas Maduro is responsible for everything happening in the country.It is not enough that they kill us with hunger, but they also execute our children", Brigit Duarte told representatives.

by | October 28, 2016 | 13:40

The report further says that the Tata group has begun talks with sovereign wealth funds and other long-term investors to explore possibility of tie-ups for a buyout. "If regulators insist, Tata can't just brush off charges without factually rebutting each one of them". With both sides levelling allegations and counter allegations, the two groups have already queered the pitch for a high profile battle.

by | October 28, 2016 | 13:39

KEEPING SCORE: France's CAC 40 lost 0.3 percent to 4,519.66 and Germany's DAX edged down almost 0.8 percent to 10,634.87. The Topix index of all first-section issues was up 0.75 percent, or 10.40 points, to 1,392.41. Later on Thursday, market participants will parse the latest data on USA durable goods, jobless claims and pending home sales. "These reports are not expected to have a dramatic impact on the dollar but with USD/JPY eyeing 105, stronger reports could give the pair the push ...

by | October 27, 2016 | 21:16

City officials said a catastrophe was averted by speedy work from firefighters and police who responded to a reported gas leak and cleared the area of people before the blast. People were evacuated from the building. St. John was one of the firefighters injured in the explosion. Representatives of Portland Bagelworks and Dosha Salon Spa said their businesses were destroyed in the explosion.

by | October 27, 2016 | 21:15

City Holdings last reported 0% of its portfolio in the stock. Outlined as the total market value of all unsettled shares of the company, the current market cap for the Thermo Fisher Scientific, Inc . Analysts have consensus one year price target of $8.90. (NYSE:TMO) reported its Actual EPS of $2.12. According to Zacks Investment Research , " Thermo Fisher Scientific Inc .

by | October 27, 2016 | 21:18

He is considered armed and unsafe and was last reported driving a silver Mitsubushi Eclipse with an Oklahoma license plate 943-LQQ. Police and federal agents are searching for a suspect in a double homicide who has shot six people, including two police officers, and is thought to have an AK-47, ABC News reported .