Money

No UK govt deal likely Wednesday due to London fire: DUP

It is thought that an announcement on an agreement will be delayed as a result of the Grenfell Tower tragedy - and may not come until next week. Leader of Nor...


Eland Oil & Gas PLC (ELA) Rating Reiterated by Canaccord Genuity

The company has market cap of 1.18 billion GBP. The Firm is a high street stationer, bookseller and newsagent. It has a 26.03 P/E ratio. The Company operates th...


Fed raises rates, unveils balance sheet cuts in sign of confidence

She expected inflation to move up and stabilize around 2 percent over the next couple of years, with employment near its maximum sustainable level and the lab...


Global shares fall on Fed rate hike, UK rate outlook

However, Anna Stupnytska, global economist at Fidelity International, said "emerging headwinds" in the USA economy meant a second hike would be unlikely thi...


Whole Foods Markets to be Acquired by Amazon

Whole Foods' stock was halted. Still, mergers of this size rarely instill confidence within the same sphere of stockholders. Meanwhile, the more than 460 ...


Two more airlines bar Andhra Pradesh MP JC Reddy, Minister promises probe

Reddy - who had allegedly vandalised the Air India office at Gannavaram airport in Vijayawada previous year after he missed his flight - got into a verbal spa...


Gold, silver futures settle higher after Fed raises interest rate

There's been a familiar pattern in recent years where investors anticipate that rates will finally take off as the economy improves, only to see them come bac...


First round of Brexit talks to begin on Monday June 19

Chancellor Philip Hammond said Britain should prioritise jobs and prosperity and take a "pragmatic" approach as it begins Brexit talks next week. Mr Macron,...


Fuel prices to be revised daily from today

Daily price change will remove the big leaps in rates, being more aligned to market dynamics and in the process Customer will be benefited. Fuel prices ar...


British inflation jumps again in May, tightening squeeze on consumers

The Labor Department said on Wednesday its Consumer Price Index dipped 0.1 percent last month after rising 0.2 percent in April. Most economists predict jus...


United States home construction falls for third month in a row in May

The Commerce Department said Friday that housing starts fell 5.5 percent in May to a seasonally adjusted annual rate of 1.09 million units. Analysts had pro...


Roaming fees to disappear

There are protections in place too; fair-use rules dictate that if net profits are hit by 3% or more, they will be allowed to introduce roaming fees subject to ...


Multi-National Sources Say Takata Corp. About to File for Bankruptcy Protection

Both spoke on condition of anonymity as the plans remain private. Takata Corp , the 84-year-old Japanese company facing billions in liabilities stemming fro...


E3 2017: Microsoft isn't making a profit on the Xbox One X

The Xbox One X will arrive on November 7 with a $499 price tag, which is $100 more than the PlayStation 4 Pro. "I look at Pro as more of a competitor to S than ...


Amazon to buy Whole Foods for $13.7 billion

There are a couple of stores which have an worldwide presence in the United Kingdom and Canada. Keeping Whole Foods away from Amazon would not only minimi...


After creating a ruckus, TDP MP Diwakar Reddy refuses to comment

While the MP was finally accommodated on the same flight, all the major domestic carriers including IndiGo later banned him from their flights. A day after the ...


Prices of petrol, diesel to be revised daily from today

Webpage: Customers can also check the daily revision in fuel prices using RO (Retail Outlet) Locator. International Olympic Committee said it has successfu...


Milwaukee County Sheriff rescinds offer to join Trump administration

Milwaukee County Sheriff David Clarke has withdrawn his name for an assistant secretary position at the Department of Homeland Security , according to news ...


British inflation jumps to four-year peak

The Fed on Wednesday increased borrowing costs for the second time this year, while acknowledging the recent moderation in inflation pressures. While some of ...


US Housing Starts Fall for Third Consecutive Month in May

That marks the lowest level since September 2016. US housing starts continued to fall in May, marking a third straight fall and erasing the gains recorded at ...


Roaming charges abolished as new European Union legislation comes into force

Minister Naughten says he has spoken to the main mobile networks to ensure they fully comply with the new rules. Operators have had two years to prepare for t...


Petrol, diesel prices daily revision evokes mixed response

According to Indian Oil, it has accomplished 100 per cent updation of Retail Sales Price (RSP) across its entire network of pumps. Here is the link. Users can...


Trump promises 'cheaper, faster and safer travel' with private air traffic control

President Trump said this morning that he would push for privatization of Air Traffic Control, taking the almost 30,000 employees from under the authorization ...


US consumer prices dip 0.1 percent in May

Some have now called an end to the upward trajectory. "This doesn't bode well for economic growth - the United Kingdom economy is heavily reliant on the consume...


Trump to tout apprenticeships as way to fill jobs gap

It remains to be seen whether Trump succeeds in shifting the conversation this week. Apprenticeships would give students a way to learn skills without the cripp...


Boris Johnson denies plot to topple tottering Theresa May

As May struggled to contain the fallout, her two closest aides resigned. But Johnson said he backed May. A major campaign issue centered on Britain's plan...


Trump orders more cash, industry input, for apprenticeships

The order doubles funding for apprenticeship grants to $200 million by pulling money allotted for existing job-training programs. The order will also create a...


US oil production seen thwarting OPEC effort to boost prices

On the New York Mercantile Exchange crude futures for July delivery fell 0.04% to $44.44 a barrel, while on London's Intercontinental Exchange, Brent was last...


Friday's US jobs report for May likely to show steady gains

This is a new post-crisis low for the unemployment rate - which is now at its lowest level since May 2001 - while headline job gains missed expectations. "Des...


Lorde opens up about being body shamed

Now, Lorde is back in the spotlight and has just released her sophomore album, Melodrama . It's only been a few hours since it was released and we can't ge...


Infosys announces appointment of Global Heads

Brokerage firm Edelweiss said Dadlani's exit yet again raises the stability issue at Infosys , and portends the risk of more exits. Dadlani had joined Inf...


Crude price drop is symptom of rising U.S. clout

United States crude futures settled down five per cent, or US$2.47 a barrel, at US$45.72 a barrel, the lowest settlement for U.S. crude since May 4. USA crud...


Sensex extends losses for the 2nd straight week, dn 205 pts

Software stocks were the key losers for the week, continuing their underperformance in 2017 amid weak revenue growth performance stemming from the rupee's stren...


Sinn Féin to meet Theresa May, warn against DUP deal

The anticipated deal with the DUP has forced Mrs May to reject claims that the Government will fatally undermine its supposed impartiality in Northern Ireland...


BHP Billiton appoints new chairman as it fends off activist Elliott

BHP, which recently launched a rebranding campaign to drop the "Billiton" from its name, said it looked at both internal and external candidates to replace Mr N...


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