Finance


Theresa May to become Britain's next prime minister as Leadsom quits
- July 11, 2016

She secured the support of 84 MPs - including former Tory leader Iain Duncan Smith and Boris Johnson - compared to May's 199 votes. "I have concluded that the country's best interest would be served by the immediate appointment of a strong and well supported Prime Minister". (more...)
Asia stocks rally on US jobs relief, BoE looms Asia stocks rally on US jobs relief, BoE looms
- July 11, 2016

The market in general expects at least 100 trillion yen, to as much as 200 trillion yen. The LDP party won 56 of the 121 upper house seats in contention, giving Mr. Europe's STOXX 600 index rose 1.0 percent, pulled higher by a more than 6 percent gain for German steelmaker ThyssenKrupp after it said it was in talks with Tata Steel about sector consolidation. (more...)
Eder: Ronaldo told me I would score the victor Eder: Ronaldo told me I would score the victor
- July 11, 2016

Eder then came on in the 79th minute and, having played only 13 minutes at the tournament before his introduction, fired home the victor from 25 yards in the 109th minute.to notch his first ever global goal. "Twice he tried to get back on the pitch but him being there in the dressing room and on the bench was very important for us". "The Portuguese people deserve this, our players deserved this". (more...)
Burberry names Gobbetti as new CEO to replace Bailey Burberry names Gobbetti as new CEO to replace Bailey
- July 11, 2016

He is now the CEO and chairman of Céline, and will be joining Burberry in 2017 after his current contract expires. Christopher Bailey has stepped back as chief executive officer at Burberry , but will remain in the role of chief creative officer and take on a new role as president of the company. (more...)
Oil prices slide as USA shale drillers adjust to lower prices Oil prices slide as USA shale drillers adjust to lower prices
- July 11, 2016

A stronger United States dollars after the USA employment report kept the commodity subdued, with WTI Crude Oil ending the week at 45.12 bbl. Rising Canadian oil flows are having difficulty finding space in pipelines, weighing on Canadian prices, now at a $15 discount to WTI. (more...)
Abe to give order for new stimulus package
- July 11, 2016

According to exit polls, the coalition and allied parties have won the two-thirds "super majority" needed to enable them to begin revising Japan's postwar, pacifist constitution. The Liberal Democrats have ruled Japan nearly continuously since World War II. The constitution was adopted in 1946, the first year of the US post-war occupation, and has not changed since. (more...)
Israel announces $12.9m boost to West Bank settlements
- July 11, 2016

The Israeli daily Ha'aretz reports that sources close to Ahmad have accused COGAT of incitement against him, saying it was a social norm in Palestinian society to make such condolence calls and that they do not constitute support for a terrorist's actions. (more...)
Australia's prime minister declares victory in marathon election
- July 11, 2016

Nationals leader Barnaby Joyce had already declared victory earlier in the day after the Coalition recorded growing leads on postal votes in the seats of Capricornia and Flynn. He said he would write to Mr Turnbull "in a non-partisan spirit" to say Australia was long overdue to be looking at electronic voting. Parties are required to hold at least 76 seats in the House to form a majority government. (more...)
All eyes on Sydney McLaughlin in 400-meter hurdles All eyes on Sydney McLaughlin in 400-meter hurdles
- July 11, 2016

The last 16-year-old to compete in the Olympics for the U.S. was 100m hurdler Rhonda Brady in the Montreal Games in 1976. "I want be like her when I grow up", said the 23-year-old Spencer. "It was the big stage, 'I don't know if I can do this, I don't know if I belong here'". "Honestly, disappointed", said Felix, who will not get a chance to defend her Olympic title in her signature event. (more...)
Tour de France: Froome takes yellow jersey after eighth stage win
- July 11, 2016

Froome responded by landing a left jab to the spectator's face. "In the back of my mind I was waiting for his attack all the way up to the last kilometre", said Froome. Briton Yates, Nairo Quintana of Colombia and Australian Richie Porte crossed the line with favourite Froome, suggesting they may prove to be his main rivals this year. (more...)
Neil Kinnock: I Wish Corbyn Would Stand Down
- July 11, 2016

According to a new YouGov poll published on Friday, support for the Labour leader has seen a dramatic drop compared to his main rival, Angela Eagle, who has gained in popularity and is expected to challenge Corbyn for Labour leadership. The Labour leader said: "After the events of the past week, I wanted to talk directly to Labour Party members". The Labour leader was hit by a wave of Shadow Cabinet resignations last week and lost a thumping vote of no confidence by MPs 172 to 40. (more...)
Deutsche Boerse lowers approval threshold for London deal
- July 11, 2016

Deutsche Börse is therefore considering lowering the minimum threshold to around 60%, they said. A final decision on whether to lower the minimum threshold will be made on Monday, it said. The merger has already been approved by USA and Russian authorities, but still needs approval from European Commission. That unexpected move would be the strongest sign yet of how committed both companies are to their tie-up despite mounting questions following the U.K.'s vote to leave the European Union. (more...)
Monday weather: Temperatures will begin to heat up again
- July 11, 2016

Calm wind becoming southwest 5 to 8 miles per hour in the afternoon. Chances to see showers and thunderstorms remain through much of the week, with a break on Thursday . Partly cloudy. A 30 percent chance of showers and thunderstorms. Partly sunny skies with a high near 89 degrees are expected during the day. A 30 to 40 percent chance of rain is possible for Wednesday night through Friday with highs in the 80s Thursday and Friday , the service says. (more...)
European stocks lifted by gains in steelmakers and banks European stocks lifted by gains in steelmakers and banks
- July 11, 2016

Late Friday, the company said, amid the uncertainty surrounding the June 23 referendum by Britons to leave the European Union, it had chose to look at more sustainable alternative solutions for the business. Such success, especially the inclusion of the UK business in the potential joint venture , would depend on several issues including finding a suitable outcome for the British Steel Pension Scheme, successful discussions with the UK trade unions and the delivery of policy initiatives and ... (more...)
Will this TSA checkpoint test cut wait times at American's hubs?
- July 11, 2016

The airline will also add a pilot program at Phoenix Sky Harbor Airport that uses the same technology hospitals use for CT scans so screeners can get a 3-D view of what travelers are carrying-on. The automated security lanes, which are now being tested at Hartsfield-Jackson International Airport in Atlanta, could reduce the time travelers spend waiting by as much as 30 percent, says the agency. (more...)
Canada Life says suspends property funds after Brexit vote
- July 11, 2016

In a statement Henderson said: "Despite a strong underlying portfolio the decision was taken due to exceptional liquidity pressures on the funds, as a result of uncertainty following the European Union referendum". The asset manager suspended dealing on the £1.4bn Threadneedle UK Property Authorised Investment Fund and its feeder fund from today. Closed-ended property funds at least provide investors the chance to sell out during market upheaval, though widespread selling serves to depress ... (more...)
Obama to reporter: Don't waste a question on Clinton emails
- July 11, 2016

Clinton was "extremely careless," according to Comey , making it "possible that hostile actors gained access to" classified information. COMEY: That's a harder one to answer. Jordan interjected, "You use the right term there - use 'marked.' That's the one - that's what you - you used the revised statement there". In a different year, with a Republican nominee other than Donald Trump, it seems plausible that this would derail Clinton's candidacy, forcing the Democrats to scramble to find a ... (more...)
Pokémon Go Not Working? Android & iOS Problems, Bugs, Fixes Dissected Pokémon Go Not Working? Android & iOS Problems, Bugs, Fixes Dissected
- July 11, 2016

So rather than melt their servers down with even more players, Niantic has perhaps wisely opted to halt the rollout of its apparently-the-best-mobile-game-ever until it can catch up with demand. Mr Blomberg said he originally began playing the game as an excuse to catch up with friends. With the infected " Pokemon Go " APK's modifications, it is likely that the player would notice that he or she has installed the malicious app. (more...)
Oil prices tumble as Nigeria production rises Oil prices tumble as Nigeria production rises
- July 11, 2016

It earlier hit a two-month low at $44.87. "Oil prices also rose, with a weaker USA -dollar making commodities priced in the currency more attractive", ANZ bank said. Both the International Energy Agency and Organisation of Petroleum Exporting Countries forecast that supply and demand are returning to balance. "After some days of declines in oil prices, US economic data and huge draws in oil inventories sent prices back upwards", said Michael Poulsen, oil analyst at Global Risk Management. (more...)
Solar plane leaves Seville on penultimate leg of round-the-world flight
- July 11, 2016

Solar Impulse 2 will take off from Seville, Spain at 6:30am CET Monday for a 48-hour flight to Cairo, with the cruising speed varying between 45 km/h and 90 km/h. An historic aviation first as well as a reccord for renewable energies and clean technologies was when André Borschberg flew for five days straight from Japan to Hawaii. (more...)
More Details About Wendy's Payment Card Breach Revealed More Details About Wendy's Payment Card Breach Revealed
- July 11, 2016

A second attack compounded the problem and Wendy's has now confirmed that more than 1,000 locations across the country have been affected. They also include five in Huntsville, two in Madison and one each in Cullman, Evergreen, Greenville, Guntersville, Jasper, Mobile, Rainsville, Scottsboro and Selma. (more...)
Australian leader claims election win, but questions remain
- July 11, 2016

Shorten conceded defeat earlier in the day and said, "It is clear that Mr. Turnbull and his coalition will form a government". 'We're a grown up democracy, it shouldn't be taking eight days to find out who's won and who's lost, ' Mr Shorten said while conceding the election on Sunday, a week after polls closed. (more...)
Google tool lets users personalize the ads they see Google tool lets users personalize the ads they see
- July 11, 2016

If the user used Chrome to - say - watch a Netflix program, Google explains the activity would be saved to Google Account because the Web & App Activity setting was on while using Chrome. If you use Google for everything you do, you might be surprised by just how much it catalogues about your comings and goings on the internet. Users are barraged with unrelated ads that many would term as simply annoying; the impact of the personalized ad feature can be huge for users and advertisers ... (more...)
Dairy Groups Support Senate on GMO Labeling Decision
- July 11, 2016

That's because the overwhelming majority of consumers say they want to know if there are GMO's in their food. The bill passed by the Senate establishes a mandatory federal labeling system that covers more products than the strictest state-level labeling law, Sen. (more...)
Black Lives Matter protesters disagree with Dallas shooter's tactics Black Lives Matter protesters disagree with Dallas shooter's tactics
- July 11, 2016

The bad gangbanger", Blanchard said. Thousands of people across the nation continue to protest the two fatal police-involved shootings in Minnesota and Louisiana and the deadly ambush that killed five Dallas police officers. "Would this have happened if those passengers, the driver were white?" "We can not about bring justice through violence", said Hood, a pastor. We adore and fear and hate people on the basis of how light or dark they are. (more...)