Markets

China aims for around 6.5 percent economic growth in 2017

The increase in defence spending announced by Fu Ying, the spokesperson of China's parliament, the National People's Congress (NPC), is expected to take the c...


PSA reaches deal to buy Opel from GM, wins board approval

General Motors and Europe's PSA Groupe, which has Peugeot, Citroen and other vehicle brands, are edging closer to a deal that could potentially vault the Frenc...


Fed chief Janet Yellen hints at interest rate hike this month

Equities rallied on both sides of the Atlantic amid increased bets on a US Federal Reserve interest rate hike this month. Fed Chair Yellen has, for example, s...


Ex-Texas Governor Rick Perry Sworn-in as US Energy Secretary

Former Texas governor Rick Perry won confirmation Thursday as President Trump's energy secretary. That being said, Perry has been a controversial choice for t...


Federal Communications Commission Sets Aside Broadband Privacy Rules

While the FCC has the authority to regulate broadband providers, Pai argued that the FTC has more expertise in policing privacy violations, and is better suited...


Crude prices fall due to increase in United States inventory

OPEC's own report indicates their member nations had a compliance rate of 90-percent for the first month of 2017. "If January 2017 was considered a fairly "bo...


Pepsi, Coke ban: Retailers to lose ₹400 crore

According to reports, some hotels in Coimbatore, around 500 km from here, have already started boycotting Pepsi and Coke. The Indian Beverage Association has ...


The Dollar Tree, Inc. (DLTR) Shares Bought by Freestone Capital Holdings LLC

Recently, analysts have updated the overall rating to 2.5. The prior year's fourth quarter included $15.9 million for Family Dollar related to the amortizatio...


Best Buy's Q4 disappoints on impact of Galaxy Note 7 recall

Comparable store sales in the US were down 0.9 percent in the quarter and overall revenue was down slightly to $13.48 billion, lower than the $13.62 billion ana...


How major United States stock market indexes fared on Tuesday

The broader S&P 500 index went up 2.41 points or 0.1 percent to end at 2,369.75. US stock indexes fell Tuesday but extended their monthly win streak to four...


Betsy DeVos Denies Report That She Supports Obama's Transgender Bathroom Directive

New Education Secretary Betsy DeVos defended the Trump administration's decision to rescind protections for transgender students, arguing that the protections w...


Keep in touch with Analyst's Predictions: Oasis Petroleum Inc. (NYSE:OAS)

KeyBanc Maintains the stock to Overweight on 11/22/16 by stationing a price target of $18. Currently, the stock carries a price to earnings ratio of 0, a pric...


Royal Bank of Scotland reports £7bn loss for 2016

The bank is now facing a hefty fine from the US Department of Justice-perhaps between $12 billion and $20 billion-for selling dodgy mortgage-backed securities b...


Burger King owner buys Popeyes restaurants

Popeyes operates 2,600 locations in the US and 25 other countries. "With this transaction, Restaurant Brands is adding a brand that has a distinctive position...


Unilever to conduct review after Kraft Heinz offer rejection

General Motors Company (NYSE:GM) right now sits at consensus rating of 2.60 while 0 analysts have advocated the shares as "BUY", 0 calls it an "OUTPERFORM" and ...


Egypt Junta Aims to Restore Hamas Ties With Eye on Stabilizing Sinai

In a statement on social media, the group said it had fired two Katyusha rockets at "southern Palestine", according to the Walla news site. The Eilat rocket s...


Kraft Heinz Offers $143B to Acquire Unilever

Kraft Heinz remains keen to bring household products such as Ben & Jerry's ice cream, Hellmann's mayonnaise, HP sauce and Capri Sun under one umbrella, despite ...


Energy Transfer Partners, LP (NYSE:ETP), Snyder's-Lance, Inc. (NASDAQ:LNCE)

In the past 6 months, 2 Insider purchases and 0 Insider Sales were made in which 4325 shares were traded as Insider purchases. The mean PT for this stock is at ...


Samsung Group Chief Arrested in Impeachment Scandal Investigation

SEOUL , Feb 15 South Korea's special prosecutor's office said on Wednesday it had expanded charges against Samsung Group chief Jay Y. Lee to include hiding ...


Oil Trades Near $53 After US Crude Supplies Climb to Record

The price for Brent crude oil was 0.4 percent below the previous day's close to trade at $55.73 per barrel about a half hour before trading opened in NY. Oil pr...


Verizon Revises Yahoo Deal by $250M

While a $250 million price drop may seem like a hard pill to swallow, it's likely better for Yahoo than having Verizon renege on the deal altogether, which brie...


Note ban woes drag retail inflation to five-year low in January

Consumer price inflation had fallen to a 3-year low of 3.41 per cent in December on the back of a fall in the prices of perishable items like fruits and vegetab...


China's exports surge in January, exceeding expectations

Businesses are likely to have slowed activity ahead of the Lunar New Year holiday earlier this year as it began on January 28, compared with February 8 in 2016....


IEA hails 'solid start' to OPEC cut pact, raises oil demand outlook

The International Energy Agency (IEA) said inventories of crude, natural gas liquids and oil products in member countries of the Organisation for Economic Coope...


Trump just accused the "dishonest press" of intentionally covering up terrorist attacks

A White House spokesperson told The Huffington Post's Sam Stein that the list comprised "ISIS or ISIS-related attacks on Western targets from [2014-16], ***MOST...


BoG chief: International Monetary Fund underestimates progress made in Greece

In that report the fund called on Europe to provide a credible debt relief program for Greece. The IMF's intervention is an embarrassment for the eurozone, wh...


Fox Reports Higher Second Quarter Net Income

Fox's revenue at the Filmed Entertainment segment declined 4% y-o-y to 2.3 billion, primarily due to hard comparison against last year's worldwide theatrical ...


Orange County Businesses Reopen Following Water Emergency

Though they're asking customers to use water sparingly as supplies remain low. Restaurants and hotels are free to re-open. Customers were asked to use water w...


New Standing Rock camp evicted by law enforcement

Standing Rock, the sixth-largest Native American reservation, has a land area of over 9,000 sq km and a population of 8,000 people. In December, the U.S. In a...


India's Manufacturing Activity Returns To Modest Growth In January

As the manufacturing sector accounts for only around 10% of United Kingdom economic activity, the UK's growth outlook will nevertheless be primarily driven by t...


Volkswagen becomes world's biggest carmaker, drives past Toyota

Toyota saw sales grow by a scant 0.2%, a number affected by the slowdown in USA autosales. U.S. vehicle giant General Motors posts its annual sales figures...


Senate Democrats Considering Legislation To Overturn Trump Order On Immigrants, Refugees: Schumer

On Friday, Mr Schumer tweeted to say "Tears are running down the cheeks of the Statue of Liberty" over the ban. Senator Chuck Schumer (D-NY) held a press con...


Trump adviser offers Canada reassurances on trade, Nafta

NAFTA is forged in the interests of global corporations many headquartered in the US. He added there is a "worry" that Canada could be "collateral damage" of ...


Rio Tinto extracted top dollar in Yancoal coal deal

It has been shedding its Australian coal assets since dismantling its energy division in 2015 and the deal with Yancoal includes its biggest producing mine, Hun...


China's 2016 GDP growth rate lives down to government expectations at 6.7%

The figures showed a 0.2 percentage point decrease in growth compared with 2015. However, it said that industrial output growth slowed for the year, down to 6...


OPEC, Russia Meet in Vienna for First Check on Oil-Cuts Progress

In the meantime, rising United States oil inventory data is doing little to convince market participants that the supply glut is over at a time when U.S. The I...


Women in the Four-State prepare for the Women's March on Washington

The marches follow a grassroots campaign in Washington DC that has spread to countless cities including London, Paris and Copenhagen. The march begins at 11:3...


Kinder Morgan, Inc. (NASDAQ:KMI) Expected To Report Earnings On Wednesday

Raymond James Financial, Inc. restated a "strong-buy" rating on shares of Kinder Morgan in a research report on Wednesday, December 7th. Kinder Morgan Inc ...


Wells Fargo CFO: Accounts scandal hit our mortgage referral business

Several other research firms have also recently commented on WFC. As for as concerns shares volumes, in share of capital Wells Fargo & Company (NYSE:WFC) ha...


Game Mode Confirmed, Previews Begin This Week

And to achieve this, Microsoft confirmed that the y will release a new feature called "Gaming Mode" which will bring optimization to the gaming experience of ...