Markets

South Korean investigators seek arrest of Samsung heir again

South Korean investigators seek arrest of Samsung heir again

The court's rejection last month of the arrest request dealt a blow to the prosecutors, who have until February 28 to investigate unless parliament extends the deadline. The merger strengthened the Le...

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Crude Oil Tethered To USD53, US Inventories At Record Highs

Crude Oil Tethered To USD53, US Inventories At Record Highs

The first assessment of Opec's own production since a deal to curb supplies and bolster prices came into effect shows the group has achieved around 92 per cent compliance of its 1.2m b/d target. "Saud...

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Yahoo rallies on report that revised Verizon deal is close

While there was a lot of speculation about the attack and a lot of finger-pointing as well, there were reports that Verizon would seek a discount from Yahoo. That was believed to be the biggest-ever...

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Retail inflation slows to 3.17% in January

Retail inflation slows to 3.17% in January

Because of the warm weather, vegetable prices remained largely stable last month. The prices of milk and milk-based products surged by 4.23 per cent. The fuel component of CPI rose afresh on rising ...

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China's Jan crude imports rise to third-highest on record

China's Jan crude imports rise to third-highest on record

China said exports to the US rose 9 percent from a year ago in dollar terms, which could exacerbate concerns by the Trump administration about bilateral trade. China's export to Russian Federation ros...

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Oil prices stable on strong Chinese imports, OPEC-led production cuts

Lower production was also partly offset by higher flows from Libya and Nigeria, which are exempt from cuts. While members bound by restrictions reached 90% of their commitments, it took them two mon...

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Attacks on White House Terror List Involve Restricted Countries

Attacks on White House Terror List Involve Restricted Countries

According to a CNN report on Tuesday, the White House is now in search of a Communications Director, a position currently held by Spicer, along with the post of White House Press Secretary. "Some...

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Greece bailout 'credible' despite International Monetary Fund criticism

While the International Monetary Fund board did not discuss the loan program, the board members representing the 189 International Monetary Fund member countries agreed in urging Greece to speed u...

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Cable, Sports Carry Fox to Strong Q2 Earnings

Missing on revenues and beating on OIBDA weren't really material and due to "lumpy" segments, and momentum in TV is likely to push the company's double-digit EPS growth. Moreover, OIBDA contribution f...

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State of emergency in Chapel Hill over water shortage

State of emergency in Chapel Hill over water shortage

OWASA and NC Emergency Management officials estimate restaurants will need to remain closed at least until Sunday. But on Sunday morning, after an additional round of water testing was completed, OW...

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Dakota pipeline: Police say 76 arrested as protests continue

Dakota pipeline: Police say 76 arrested as protests continue

The court fight also includes the Standing Rock and Cheyenne River Sioux. Energy Transfer Partners, the Dallas-based company funding the project, says it will bring millions of dollars into local ec...

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Canada's factory sector grows at fastest pace in two years

Housebuilding remained the best performing category in the sector, but the latest rate of growth was the weakest on record for five months. Euro-area manufacturing expanded at the strongest pace in ...

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Toyota loses global-sales title to Volkswagen

The company announced this milestone amid VW's emission cheating scandal, which sparked a global criticism and multiple lawsuits.Even so, Volkswagen's time at the top may be extended thanks to Donal...

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Trump Criticizes Sen. Chuck Schumer's Press Conference: 'Fake Tears'

Trump Criticizes Sen. Chuck Schumer's Press Conference: 'Fake Tears'

Chuck Schumer vowed to overturn President Donald Trump's executive order that placed a travel ban from some Muslim-majority countries in an emotional Sunday morning news conference.One of the refug...

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Donald Trump to 'start renegotiating' NAFTA with Mexico and Canada

Donald Trump to 'start renegotiating' NAFTA with Mexico and Canada

Carr said in Washington he discussed Keystone XL - the TransCanada Corp. pipeline meant to link Alberta's oilsands with refineries on the USA gulf coast that was rejected by former president Barack...

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Rio Tinto sells mines to China's Yancoal

Rio Tinto sells mines to China's Yancoal

Once the deal is completed, Rio Tinto will also be entitled to potential royalties. Yancoal chairman Xiyong Li said the Coal & Allied deal would be a transformative acquisition for the company and f...

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China says 2016 growth slows to 6.7%

China says 2016 growth slows to 6.7%

Retail sales rose 10.4%, down from 10.7% in Y 2015. Experts warned that the prospect of a trade war with the U.S. - a result of threats by incoming USA president Donald Trump to raise tariffs on Chi...

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WTI Crude Daily Update for January 23, 2017

WTI Crude Daily Update for January 23, 2017

U.S. West Texas Intermediate crude oil was up 25 cents at $51.33 per barrel, having dropped to a one-week low on Wednesday at $50.91 a barrel. The contract, which expires at the day's settlement, fi...

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Local Sister Marches to mirror over 600 events worldwide

Local Sister Marches to mirror over 600 events worldwide

Perez led the progressive coalition to close New York City public schools for the observance of two of Islam's most important holy days, and was one of the co-chairs of the March2Justice, an effort ad...

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Kinder Morgan Inc (KMI) Releases Earnings Results, Misses Expectations By $-0.10 EPS

Quadrant Capital Group LLC now owns 5,593 shares of the company's stock valued at $119,000 after buying an additional 182 shares in the last quarter. Hoertkorn Richard Charles raised its stake in shar...

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Wells Fargo Likely to Rebound Quickly From Poor Quarter, Scandal Fallout

A number of research firms have weighed in on WFC. UBS Resumed Wells Fargo & Co on Jan 11, 2017 to "Neutral", Price Target of the shares are set at $58.Company shares were Reiterated by Barclays on ...

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Xbox One Home Button Functionality Changing With Upcoming Update

The newest Intel processors, upcoming AMD Ryzen chips, and Qualcomm Cellular PCs are only fully supported by Windows 10 . In the meantime, keep in mind that Microsoft continues working on Windo...

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The last of the first moonwalkers, Gene Cernan, has died

USA astronaut Gene Cernan is shown in his space suit before the Apollo 17 mission in 1972. Cernan , Commander, Apollo 17 salutes the flag on the lunar surface during EVA on NASA's final lunar...

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Apple Apps Will Now Be More Expensive In UK, Turkey and India

The weaker exchange rates for the pound and the U.K.'s 20% value-added tax bring app prices in the country on par with those in the U.S. For example, an in-app purchase that cost £7.99 previously will...

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Launch of tiny Japanese rocket aborted

Launch of tiny Japanese rocket aborted

Japan's space agency postponed on Wednesday the launch of a mini rocket that will put a satellite into space because of strong wind, an agency spokeswoman said . In a different part of the space-savv...

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Cisco Systems, Inc. (CSCO) Position Increased by Coastline Trust Co

RS Investment Management Co. LLC raised its position in shares of Cisco Systems by 101.9% in the second quarter. Following the transaction, the SVP & Chief Marketing Officer is left with a stake of 54...

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Wells Fargo's profit falls 6.4% as it recovers from accounts scandal

Wells Fargo's profit falls 6.4% as it recovers from accounts scandal

Wells attributed the declines to a combination of lower income from hedge ineffectiveness as well as higher personnel, legal and FDIC expenses. Mixed data on USA retail sales weighed on department sto...

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Mexico: Talks Will Not Delay Border Wall, US President-Elect Says

On Wednesday, he affirmed his intentions to make Mexico pay for the wall-but said it might not happen right away. "That will happen, whether it's a tax or whether it's a payment - probably less like...

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Fiat Chrysler CEO: Automakers need clarity from Trump

It's called American exceptionalism - a phrase President Obama downplayed but one which Trump is embracing. The company also is looking to expand Dodge Ram sales overseas, and so is preparing a fact...

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Alibaba Meets With Trump, Plans 1M New US Jobs

Alibaba Meets With Trump, Plans 1M New US Jobs

Some of the business pledges are recyclednews, and others amount to little more than public-relations messaging that will be hard to track to see whether promises are realized - but analysts see it ...

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The Limited Is Closing All 250 of Its Stores

But this isn't goodbye . Without traditional stores to show the flag, it seems likely that The Limited's online store will last only long enough to clear out existing inventory. The announcement came ...

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Dealers defer cardbandi at petrol pumps

He was referring to the government's announcement that consumers who purchase fuel through cashless means will get 0.75% cashback. Following the notice, pump owners made a decision to stop accepting...

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Trump Appoints Additional Senior White House Staff

Trump Appoints Additional Senior White House Staff

Trump's tweeting will make Spicer's job more exciting, he said. His campaign staff took over his Twitter account just before the election, although he regained his control over it after winning the ...

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Apple Invests $1 Billion In Softbank Vision Fund

Apple Invests $1 Billion In Softbank Vision Fund

With a whopping $100 billion to point toward hot developments in tech, it's no surprise that a large chunk of the fund will be aimed at American tech companies. SoftBank had launched the fund in Octo...

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Kohl's Corporation (KSS) Shares Fall on Weak Holiday Season Sales

Kohl's Corporation (KSS) Shares Fall on Weak Holiday Season Sales

LBA's holdings in Kohl's Corporation were worth $3,667,000 as of its most recent filing with the SEC. If there is preferred dividends payout of $1 million and registers 10 million shares in 6-months...

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