Economy

Mike Pompeo Threatens to Impose the 'Strongest Sanctions in History' on Iran

Mike Pompeo Threatens to Impose the 'Strongest Sanctions in History' on Iran On Monday, Pompeo said the Trump administration was preparing to impose " the strongest sanctions in history " on Tehran after withdrawing from the Iran nuclear deal earlier this month, as he laid out a list of demands for a new treaty. Secretary of State Mike Pompeo has said the USA is imposing the "strongest sanctions in history" on Iran. She reiterated that the International Atomic Energy Ag... [Full Article...]

Texas school shooting victims return to dugout for baseball playoff game

Texas school shooting victims return to dugout for baseball playoff game Texas Gov. Greg Abbott , who called the rampage "one of the most heinous attacks we've ever seen in the history of Texas schools", said Pagourtzis allegedly telegraphed his desires to carry out the shooting and then commit suicide in a series of journal entries. [Full Article...]

The reason Arteta rejected Arsenal

The reason Arteta rejected Arsenal I worked with him for three years. Arteta had even agreed in principle to return to the club he represented between 2011 and 2016, but a late U-turn saw the club turn to Emery instead as Gazidis proved unable to gather unanimous support for the former midfielder. [Full Article...]

United States stocks open higher amid eased trade tensions

United States stocks open higher amid eased trade tensions Among those unable to celebrate the apparent trade truce were metal stocks that had stood to gain from reduced Chinese imports: AK Steel fell 5.1 percent and US Steel sank 3.8 percent. Treasury Secretary Steven Mnuchin says the US postponed tariffs on China after the two sides made progress toward a trade agreement. Still, the Trump administration trumpeted what it said had been achieved... [Full Article...]

Climber Nobukazu Kuriki dies on Mt. Everest

Climber Nobukazu Kuriki dies on Mt. Everest Kuriki's body would be airlifted to Kathmandu , the capital, for an autopsy to ascertain the exact cause of death. A Japanese climber has died during his eighth attempt to climb Mount Everest . "I feel the pain and difficulty of this mountain", a post said. As he reached the summit of the world's highest peak on Wednesday, Mr Rita broke the records of two other Sherpa guides who had climbed ... [Full Article...]

Maximum stake for fixed-odds betting terminals slashed to £2

Maximum stake for fixed-odds betting terminals slashed to £2 The Government have announced that new rules will be brought in to limit the maximum stake on fixed-odds betting terminals ( FOBTs ) to £2, but Bookmakers are far from happy. The machines, a feature of high-street betting shops, have been dubbed "the crack cocaine of gambling" and blamed for vulnerable people losing thousands of pounds in a short time. [Full Article...]

Cambridge Analytica Files for Chapter 7 Bankruptcy in US

Cambridge Analytica Files for Chapter 7 Bankruptcy in US Bankruptcy Court in NY along with the U.S. arm of its consulting business, SCL Group . Cambridge Analytica listed assets in the range of $100 001 to $500 000 and liabilities in the range of $1 million to $10 million. Nix in a BBC interview later said the allegations were "unfounded and extremely unfair". "As a result, it has been determined that it is no longer viable to continue operating th... [Full Article...]

Arsene Wenger Endorses Idea of Mikel Arteta Succeeding Him

Arsene Wenger Endorses Idea of Mikel Arteta Succeeding Him After helping the club win a Premier League and Carabao Cup double, Arteta could now be set for a return to north London - especially as he is reportedly the preferred candidate of Arsenal chief executive Ivan Gazidis. The Gunners are prepared to allow Arteta to select his own backroom staff and the Arsenal board will hand the current Manchester City coach a budget in the region of £50m. [Full Article...]

FDA approved a new drug to prevent migraine problems

FDA approved a new drug to prevent migraine problems The new treatment, which can be administered with an autoinjector, should now be available within a week. An estimated 38 million Americans have migraines , and around a third of those people would be eligible for preventive treatment. Patients treated with erenumab-aooe experienced 1 to 2 fewer monthly migraine days on average compared with those on placebo. "We are engaged in a constructive ... [Full Article...]

Tencent Q1 net profit surges 61 pct, beats estimate

Tencent Q1 net profit surges 61 pct, beats estimate Tencent's WeChat messenger app now has 1.04 billion users. Tencent, China's leading provider of mobile messaging and online games, reported revenue of 73.53 billion yuan, or $11.693 billion. It invested $632 million in game-streaming platforms Douyu in March, $462 million the same month on Huya. It is also on mobile too. The market is still quite bullish on the stock, despite some of the c... [Full Article...]

Deutsche Keeps Its Hold Rating on Lonmin (LON:LMI) Shares Today

Deutsche Keeps Its Hold Rating on Lonmin (LON:LMI) Shares Today Goldman Sachs Group Inc Inc invested in 113,800 shares. Its down 11.64% from 13.52 million shares previously. Menta Capital Ltd Llc stated it has 0.08% of its portfolio in Ei Group plc (LON:EIG). The firm has "Neutral" rating by Citigroup given on Friday, December 1. Deutsche Bank maintained the shares of SBRY in report on Thursday, November 12 with "Hold" rating. [Full Article...]

Italian markets spooked by populist proposal

Italian markets spooked by populist proposal With debt of around 132 percent of GDP and slow economic growth, Italy has always been a worry for euro zone policy-makers. While in Rome the leaders of the Five-Star Movement (M5S) and the League are taking more time to form a government, the European Union is in a state of uncertainty - waiting for the impact of a eurosceptic leadership in its fourth-largest member. [Full Article...]

US Senate votes to restore and save Net Neutrality

US Senate votes to restore and save Net Neutrality This measure now goes to the House , but it's not likely to pick up any traction there. But in reality the victory is a completely hollow one, as despite the vote , it is highly unlikely to pass the Republican-controlled House of Representatives. [Full Article...]

Walmart Strengthens US Store, Online Q1 Growth

Walmart Strengthens US Store, Online Q1 Growth Royal Bank of Canada set a $106.00 price objective on Walmart and gave the stock a "neutral" rating in a report on Friday, January 5th. The firm now has a buy rating on the retailer's stock . Walmart's gross margin , which has fallen for four consecutive quarters, was down 23 basis points in the quarter ended April 30. Customer traffic was 0.8-percent higher during the quarter, slower tha... [Full Article...]

Iran says nuclear deal talks with European Union 'constructive'

Iran says nuclear deal talks with European Union 'constructive' In a separate interview on CNN's " State of the Union ", he said Iran's economic condition is "really quite shaky", so the impact of sanctions "could be dramatic". So, the rationale for getting out of the deal is that it was contrary to American national security interests when we entered into it, and it hadn't gotten any better with age. [Full Article...]

US Senate Vote Saves Net Neutrality For Now

US Senate Vote Saves Net Neutrality For Now Edward Markey (D-Mass.)-who spearheaded the Senate CRA-had called "the most important week for the internet that the Senate has ever seen". "A vote against this resolution will be a vote to protect large corporations and special interests, leaving the American public to pay the price". [Full Article...]

Tesla driver says she slammed into fire truck on Autopilot

Tesla driver says she slammed into fire truck on Autopilot Doug Field, senior vice-president of engineering, is taking time away from the company to recharge, according to a company spokesman. Matthew Schwall, Tesla's primary contact with United States regulators, just joined the safety team at Waymo, the self-driving-car company started by Google. [Full Article...]

GOP Legislators Will Fight Seattle Head Tax as Unconstitutional

GOP Legislators Will Fight Seattle Head Tax as Unconstitutional When the city council was considering a head tax a year ago, councilmembers were unable to agree on an employee-hours tax of 6.4 cents per employee per hour, which would have generated about $25 million annually. Residents showed up two hours before the vote Monday to wait in line and claim a space in the chamber, which was packed to capacity. "We are fighting everywhere, '" Sawant said. [Full Article...]

Gap Apologizes for Selling T-shirt with 'Incorrect' Map of China

Gap Apologizes for Selling T-shirt with 'Incorrect' Map of China Gap said the T-shirt - omitting Taiwan , Tibet and islands in the South China Sea - had been pulled from the Chinese market and were destroyed. It also added that it would implement more rigorous reviews to ensure the same thing would not happen again. [Full Article...]

Cantor Fitzgerald Reiterates $25.00 Price Target for Valeant Pharmaceuticals International (VRX)

Cantor Fitzgerald Reiterates $25.00 Price Target for Valeant Pharmaceuticals International (VRX) It has outperformed by 30.45% the S&P500. The Dow Jones industrial average gained 94.81 points, or 0.4 percent, to 24,357.32. It is down 0.00% since May 7, 2017 and is. About 55.12M shares traded or 518.14% up from the average. For every buyer, there is a seller, and each transaction contributes to the count of total volume. [Full Article...]


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