Markets

Brazil's President Rousseff ousted from office by Senate

02 September 2016, 06:08

Pledging to appeal against her dismissal, she told her supporters: "I will not say goodbye to you". The constitution states that an impeached president is barred from public office for eight years. Pro-business Temer and his team of economists have w...

Ken Paxton sues Waller County over gun ban

02 September 2016, 06:07

Open carry activist and Texas Carry founder Terry Holcomb has been vocal about gun rights, and 11 months ago he and Texas Carry members sent out letters to 76 county governments threatening to get Paxton's office involved for banning open carry in ...

Explosion destroys SpaceX rocket during test

02 September 2016, 06:06

A fire burns on a launchpad after reports indicated that a SpaceX Falcon 9 rocket exploded during a test firing in Cape Canaveral, Fla . There were no injuries. Kennedy emergency staff was on standby following the explosion. The initial blast ...

Conor McGregor drops bomb after UFC 202: These are my future plans!

02 September 2016, 06:08

McGregor has the UFC featherweight title to defend against former rival Jose Aldo or risk being stripped of the crown, while a possible superfight against boxer Floyd Mayweather - nearly certain to be a boxing match rather than a mixed martial arts a...

Manufacturing Contracted for the First Time in Nine Months

02 September 2016, 06:04

Sterling gained more than 1 percent to trade above $1.33 for the first time in four weeks on Thursday, after data showed the British manufacturing sector staged one of its sharpest rebounds on record in August. Dr Howard Archer, chief United Kingdom ...

Saudi Arabia Says It Won't Flood Oil Market Ahead of OPEC Talks

02 September 2016, 06:01

Iraq would support a proposal for OPEC and other major oil producers to freeze output at talks in Algeria next month, Prime Minister Haidar Al-Abadi said in Baghdad . Energy Information Administration (EIA). Analysts and traders remain unconvin...

Shares slip on Fed rate hike worries; dollar climbs

02 September 2016, 05:48

She described consumer spending as "solid" but noted that US business investment was weak and exports hurt by a strong dollar. Analysts said it is possible for the Fed to hike interest rates as soon as September. The Dow Jones Industrial Average ...

Pioneer Natural Resources Company (NYSE:PXD) , Great Panther Silver Limited (NYSEMKT:GPL)

02 September 2016, 05:30

The stock was sold at an average price of C$38.39, for a total transaction of C$479,875.00. Analysts at the Credit Suisse have a current rating of Outperform on the shares. 2319079 shares were traded on Canadian Natural Resources Limited's last sessi...

UK Factories Hit 10 Month High in August

02 September 2016, 05:27

Manufacturing production increased at the fastest pace in seven months during August, an improvement on the contraction registered in the prior month, while improved sales volumes to markets such as the USA, Europe, China, South-East Asia, the Middle...

Kemi Adeosun: 'It's a hard time for Nigeria,' Finance minister says

02 September 2016, 05:17

President Muhammadu Buhari has finally made a decision to float the naira in June, after having kept it at an artificially fixed rate to maintain low prices and prevent excessive inflation. According to the report, the areas have grown positively w...

Mondelez no longer pursuing merger with Hershey

02 September 2016, 05:05

Mondelez mdlz is backing away from the potential $23 billion takeover roughly two months after it had offered $107 per share for Hershey hsy , half in stock and half in cash. It said at the time that the offer provided "no basis for further dis...

Violence Emerged in Brazil Prior to Rousseff's Dismissal

02 September 2016, 05:04

Rousseff was convicted by a two-thirds majority yesterday of taking illegal state loans to patch budget holes in 2014, masking the country's problems as it slid into economic disarray. Rousseff's coup accusation has gained only scattered support ov...

Colts pledge support to families affected by tornadoes in Indiana

02 September 2016, 04:56

Tornadoes that touched down in central in tore roofs off apartment buildings, sent air conditioners falling onto parked cars and cut power to thousands of people, but left no one seriously injured. A vehicle rests on another after a tornado struck in...

Company that price-gouged EpiPen jacked up other drugs

02 September 2016, 04:52

It touted efforts to provide EpiPen injectors in schools, and a "savings card" that it said enabled 80 percent of commercially-insured patients to obtain EpiPens with no out-of-pocket costs. Now that the EpiPen price hikes have made national headline...

Footbridge collapses on England motorway, one injured

02 September 2016, 04:39

The bridge collapsed onto cars when it was hit by a digger being transported by a lorry at 12.05pm yesterday. I had to manoeuvre through the debris. The incident on Saturday, 27 August, took place on one of the busiest days of the year as the bank ho...

Kilroy Realty Corp 10% Potential Upside Now Implied by Stifel

02 September 2016, 04:35

Coviello, Jr. bought 1,000 shares of Kimco Realty Corp. stock in a transaction on Monday, August 8th. BlackRock Institutional Trust Company N.A. now owns 3,909,304 shares of the real estate investment trust's stock valued at $241,869,000 after buying...

Wall Street dips after manufacturing data; energy weak

02 September 2016, 04:27

The Institute for Supply Management (ISM) said its index of national factory activity fell to 49.4 in August, below expectations of economists polled by Reuters for a dip to just 52.0, and showing the first contraction in manufacturing since February...

Fix shop claims to have 'Apple Watch 2' parts, exposes display, battery

02 September 2016, 04:26

Apple Watch 2 is expected to look like the current model and feature a faster processor and gain Global Positioning System, and a new video from worldwide electronics shop Byte gives us a new look at a few other details that could change with Apple...

Netflix Releases Ridiculous Trailer for 'Mascots'

02 September 2016, 04:13

In his upcoming film, aptly titled Mascots , the director follows around a range of oddballs and zany characters against the backdrop of the World Mascot Association Championships, where they will compete for the "Golden Fluffy". Guest's mockumen...

Macau gaming gains ends two-year revenue drop

02 September 2016, 04:12

Harry Curtis, an analyst with Nomura, wrote this week that only around half the gaming tables at the Wynn Palace were in use last Saturday evening, normally peak time at Macau casinos. The territory is heavily reliant on casinos with gaming revenues ...

India vs West Indies, 2nd T20I 2016: Rain stops play

02 September 2016, 04:10

We had been treated to some cavalier innings from Johnson Charles, Evin Lewis and Rohit Sharma, and a particularly classy one from KL Rahul, but it was the final showdown between Bravo and Dhoni in the 40 over that was the fitting final act of the da...

Clinton dismisses Trump's Mexico trip as 'photo op'

02 September 2016, 04:07

Meanwhile, Hillary Clinton is nowhere to be found and took off early yesterday at 3 p.m. "When Vladimir Putin -of all people- criticized American exceptionalism, my opponent agreed with him", Clinton said about her GOP rival. "I hope you will join ...

Hawaii counties under hurricane watch

02 September 2016, 04:01

Water has receded after waves crashed into a seawall that surrounds Liliuokalani Gardens Park at Hilo Bay. Hurricane Lester, now a major Category 4 storm, could affect Hawaii over the weekend. The warning covered an area that extends from Marinelan...

Premarket: Dollar, shares rise on expectations for a US rate increase

02 September 2016, 03:54

Later, the dollar eased to 101.88 yen. NEW YORK, Aug 31 ( Reuters ) - The U.S. dollar rose to three-week highs against a basket of currencies on Wednesday after data showed that jobs gains in August were roughly in line with expectations, befor...

Mondelez moves on from Hershey

02 September 2016, 03:52

EDT, Hershey stock was down about 11%, while shares of Mondelez were up 4%. Hence, scrapping the deal allows Mondelez to relay a sense of discipline as the declined proposition saves its board and the shareholders from the distractions of the p...

Austria says will start 'conflict' in EU about Canada trade deal

02 September 2016, 03:21

Fekl said there is an imbalance in the negotiations in favour of the U.S. side. Austria does not support the European Union joining TTIP, which is officially committed to be sealed by Washington and Brussels before President Obama leaves office i...

JetBlue flys red, white and blue to Cuba

02 September 2016, 03:17

In addition to Santa Clara , JetBlue will launch service between Fort Lauderdale-Hollywood and Camagüey - Ignacio Agramonte Airport on November 3, and Holguín - Frank País Airport on November 10, subject to receipt of government operating authorit...

Wal-Mart cutting about 7000 back-office store jobs

02 September 2016, 03:05

Royal Bank Of Canada began coverage on Wal-Mart Stores in a research report on Monday, May 2nd. Insider Activity: Corporate insiders look pessimistic about the outlook of the company stock that they seem to offload shares while they have 19.07 ju...

IS speaker killed by Russian airstrike in Syria - defense ministry

02 September 2016, 02:57

Russian Federation and the USA both claimed Tuesday to have targeted Adnani. His death is considered a major blow to the jihadist group, which has suffered a series of military reverses in both Syria and Iraq. "Without his explosive voice, IS may f...

India's Reliance announces 4G launch

02 September 2016, 02:42

Mumbai: Zero tariffs till the end of this year may be the talk of the telecom world following Mukesh Ambani's announcement, but an industry grouping representing incumbent operators have accused Reliance Jio Infocomm of engaging in predatory pricing...

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