Markets

BP swings to profit as sector takes upbeat tone

BP swings to profit as sector takes upbeat tone

The company benefitted from a recovery in oil prices which have bounced back from the 12-year lows seen early last year. The group's shares have gained more than 21 percent over the past year, but hav...

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Mnuchin can't promise plan won't raise taxes on middle class

Mnuchin can't promise plan won't raise taxes on middle class

Now, it's up to the White House to see that promise through. "Having less money spent on taxes will help businesses expand their businesses, maybe invest in new property or equipment". As a reminder, ...

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Toyota recalls 228000 Tacoma trucks

Toyota recalls 228000 Tacoma trucks

Toyota has issued a recall for 228,000 units of the 2016 and 2017 Tacoma in the United States because oil could leak from the rear differential. Toyota launched a recall notice on Thursday for its...

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Facebook gearing up to fight political propaganda

Facebook gearing up to fight political propaganda

However, the company says this comes with "novel challenges" that it must address to ensure its platform "remains a safe and secure environment for authentic civil engagement". Facebook is going hard...

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Alphabet beats Q1 earnings expectations

Alphabet's profit beat Wall Street estimates and rose 29 percent to $5.43bn, a performance that analysts called exceptional for a company so large. Aggregate cost-per-click fell 19 percent, but agg...

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GDP Grew Just 0.7 Percent In First Quarter Of 2017

GDP Grew Just 0.7 Percent In First Quarter Of 2017

Previous expectations of the Q1 United Kingdom growth stood at 0.4 percentpc, with analysts having expected the negative effects of higher inflation on domestic consumption to be milder. The last tim...

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On lumber and dairy, Trump is right to blame Canada

On lumber and dairy, Trump is right to blame Canada

On Tuesday, Trump said he did not fear a trade war with Canada, a day after his administration moved to impose tariffs on Canadian lumber. We can not disrupt trade with two of our top trade partners a...

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Brewers Sweep Reds, Thames Leaves with Hamstring Tightness

On Tuesday, Thames blasted his 11th home run for the Milwaukee Brewers. Thames hit eight home runs in two series against the Reds to cement his place in history. At the onset of the season, it remai...

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Klitschko foresees win over Joshua

The promising heavyweight, 27, makes the latest defence of his IBF title and hopes to win the WBA belt last held by Tyson Fury when he fights Wladimir Klitschko at Wembley Stadium on Saturday night. H...

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BHP Billiton Eyes Sale Of Fayetteville Shale Assets

BHP Billiton Eyes Sale Of Fayetteville Shale Assets

Institutional investors and hedge funds own 2.86% of the company's stock. Shares of BHP Billiton Limited ( NYSE:BHP ) traded down 0.344% during trading on Wednesday, hitting $36.215. Royal Bank of C...

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Trump Administration Unveils Tax Plan

Trump Administration Unveils Tax Plan

For years, some opponents of the controversial tax have said they would agree to "phase it out" over a period of years rather than simply scrap it outright. Mnuchin said that means companies would ...

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Analyst's Review to Watch: Xerox Corp (NYSE:XRX)

TX's holdings in Xerox Corp were worth $1,392,000 as of its most recent filing with the SEC. Concert Wealth Management Inc. raised its stake in Xerox Corp by 0.6% in the third quarter. The ex-dividend...

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Key House Member on Employee Issues to Leave Congress

Key House Member on Employee Issues to Leave Congress

I preach that you want to get in, serve and get out. While Chaffetz, R-Utah, said he is leaving Congress for the private sector, he did not rule out a future bid for office. Twitter reacted quickl...

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Trump tax plan seen as temporary cut without border-tax revenue

Trump took to Twitter on Saturday to again tout that "Big TAX REFORM AND TAX REDUCTION will be announced next Wednesday". The current business tax rate is 35 percent. According to The New York Tim...

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Uber expects flying taxis to take off in 2020

Uber expects flying taxis to take off in 2020

The on-demand airborne ride-hailing service will be able to cut 30-minute trips on land to just around 5 minutes , saving customers a lot of time from their daily commute. "As Uber works to bring v...

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Coke misses 1Q profit forecasts

Coke misses 1Q profit forecasts

Revenue is the amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. This represents a $1.48 annualized dividend and a...

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Trump says Iran violating 'spirit' of nuclear deal

Last summer during the race for the White House the Trump campaign frequently used Pavarotti's rendition of the Puccini's aria " Nessun Dorma " ("None Shall Sleep") without permission. President T...

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Trump order would target high skilled worker visa program

Trump order would target high skilled worker visa program

He's preached it on the stump and while in the Oval Office, "Buy American, Hire American". The order also asks agencies to assess the use of waivers. Technology companies, in particular, have used H...

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Canadian PM responds to Trump's criticism of dairy industry

Canadian PM responds to Trump's criticism of dairy industry

He also criticized recent pricing changes for dairy ingredients in Canada for making US imports less competitive and costing Americans revenue and jobs. Gentiloni, who had been in Washington on Thursd...

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Trump to announce 'massive' tax cut for Americans this week

Trump to announce 'massive' tax cut for Americans this week

Treasury Secretary Steven Mnuchin has said , however, that Trump's tax plan would be paid for through economic growth. No one - maybe including his staff, apparently - knows for sure what the detai...

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PPG raises offer for Akzo Nobel to $29 billion

PPG raises offer for Akzo Nobel to $29 billion

Akzo rose 4.2 percent to 81.51 euros at 12:40 p.m.in Amsterdam. The shareholders, led by hedge fund Elliott Advisors, say Akzo should at least open exploratory talks with Pittsburg-based PPG. It has...

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Unfazed by U.S. curbs, Qatar Airways to expand new routes

Unfazed by U.S. curbs, Qatar Airways to expand new routes

Qatar Airways was among the airlines affected by the ban imposed last month on electronic devices larger than a smartphone on flights to the United States from 10 airports in the Middle East and Turke...

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Protesters clash with police in Paris after French election vote result

Protesters clash with police in Paris after French election vote result

Congrats Macron. We stand with you against Le Pen's divisive politics. Her rival, Mr Macron, 39, narrowly nabbed first place with 23.9 per cent of the vote. However, opinion polls over the course of...

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Three Mortars Hit Israel Golan Heights Friday Afternoon

Three Mortars Hit Israel Golan Heights Friday Afternoon

The NDF is a pro-Assad militia reportedly linked to the Hezbollah terror group. There have been similar reports of IAF attacks against Syrian targets in recent months, all unconfirmed by Israeli off...

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U.S. pursues 3% growth via tax reforms, regulatory relief

U.S. pursues 3% growth via tax reforms, regulatory relief

The IMF is only 800 metres west of the Treasury Building, but Mnuchin had a long way to go this week to convince finance ministers, central bank chiefs and civil society representatives that the new p...

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Le Pen gains support after Paris attack but Macron still seen winning

She wants to tighten French borders controls and build more jails, and says authorities are not doing enough to protect citizens from militant attacks, which have killed more than 230 people in Fr...

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IMD predicts normal southwest monsoon for this year

IMD predicts normal southwest monsoon for this year

India's weather office defines average, or normal, rainfall as between 96 percent and 104 percent of a 50-year average of 89 cm for the entire four-month season beginning June. According to a report b...

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Harley-Davidson's Quarterly Sales, Revenue Decline

Harley-Davidson's Quarterly Sales, Revenue Decline

It has been assigned a low target price of $51 and a high target price of $72. Chardan Capital Markets initiated Spark Therapeutics Inc (NASDAQ:ONCE) on Wednesday, December 23 with "Neutral" rating. H...

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Japan's Aso pushes back on US call for scrutiny of currency moves

Japan's Aso pushes back on US call for scrutiny of currency moves

Aso apparently had in mind the situation involving North Korea and the first round of voting in France's presidential election, in which a focal issue is the country's possible withdrawal from the Eur...

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IEA says global oil market now close to balance

Refinery utilization rates rose by 0.2 percentage points.US crude imports fell last week by 86,000 barrels per day. The world produced a total of 95.82 million barrels per day (mb/d) last month, a f...

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