Economy

by | June 09, 2017 | 19:58

Over the next five years (2016 - 2021), global digital transformation will continue to have a significant impact on the demands and requirements of IP networks according to the Cisco Visual Networking Index (VNI) Complete Forecast. Globally, the total number of public WiFi hotspots (including homespots) will grow six-fold from 2016 to 2021 from 94-million in 2016 to 541,6-million by 2021.

by | June 09, 2017 | 19:46

The pollsters caution that there is a lot of uncertainty around the forecast. While May looked set to fail in her bid for an increased majority, results suggest her Conservatives had by far their best result in Scotland for more than two decades.

by | June 09, 2017 | 21:11

So far, Apple and other tech firms have stood firm on that point. Although Cook said that no details about the cooperation could be revealed , he did say that the government of the United States is being facilitated, through a "lawful process", with the data stored on the company's servers that could help track down the suspects of terror attacks, which have been plaguing the country for quite some time now.

by | June 09, 2017 | 20:39

Commentator Keith Olbermann characterized pronouncements Thursday by former FBI Director James Comey as the " most damning things ever spoken about any president in our history". What is your understanding of the parameters of Attorney General Sessions' recusal from the Russian Federation investigation? With Florida's Sen. Marco Rubio's line of questioning doing the president's bidding, Comey testified that the president was not personally under investigation for colluding with ...

by | June 09, 2017 | 19:23

The dispute has sparked the worst diplomatic crisis in the Arab world in years and raised fears it will cause further instability in an already-volatile region. Qatar is home to the largest USA airbase in the Mideast. Several Arab countries, including key USA allies Saudi Arabia and the UAE, cut ties with Qatar over its support of the Muslim Brotherhood .

by | June 09, 2017 | 20:08

USA crude oil prices recovered to trade roughly flat on Thursday, after falling to levels that put the commodity on track for its lowest close in more than six months. The news initially pushed Brent crude prices up as much as 1 per cent as geopolitical fears rippled through the market. Obviously, the market is not impressed with the production cuts, and continues to focus on production increases in the U.S.

by | June 09, 2017 | 20:00

Qatar's government said the May 23 news report attributed false remarks to the emirate's ruler that appeared friendly to Iran and Israel, and questioned whether US President Donald Trump would last in office. Saudi Arabia and a handful of other Sunni-ruled states have cut ties with Qatar since June 5, saying its policies have supported the funding of terrorism as well as "extremist" organizations and Iranian-backed Shi'ite rebel groups.

by | June 09, 2017 | 19:49

Shore Capital maintained the shares of SHP in report on Monday, July 25 with "Buy" rating. (NASDAQ:SPLS). Menta Capital Limited Com accumulated 653,889 shares. They now have a GBP 210.00p price target on the stock. Therefore 88% are positive. Anglo American PLC has GBX 2050 highest and GBX 152 lowest target.

by | June 09, 2017 | 18:57

The FBI is now investigating Trump's campaign team and his associates and whether they played any role in colluding with Russia's attempts to influence the 2016 election. He was later surprised when Mr Trump suggested he had taped the conversations. Democratic Sen. Dianne Feinstein of California asked the question that many Republicans have raised in the weeks since Comey's firing as one media leak followed another revealing Comey's claims about Trump's inappropriate ...

by | June 09, 2017 | 19:27

Tombs added: "Looking ahead, we expect manufacturing output to revive slowly, as moderate growth in exports offsets weakness in domestic demand". As well as rising inflation and slow wage growth weighing on consumers, the economy now has to contend with heightened political uncertainty about Britain's ability to proceed with its plan to leave the European Union.

by | June 09, 2017 | 19:31

Following the completion of the sale, the executive vice president now owns 117,988 shares of the company's stock, valued at approximately $7,961,830.24. RBC Capital Markets maintained the stock with "Outperform" rating in Monday, October 3 report. The firm has "Buy" rating by Jefferies given on Wednesday, October 5.

by | June 09, 2017 | 18:42

Climate change expert Ram Kumar said,"Monsoon has arrived on time this year". The Bengaluru Met Centre confirmed the onset of monsoon after assessing rainfall on Wednesday and the early hours of Thursday. However, it was delayed because of low pressure off the Arabian Sea. South-east monsoon is expected to reach Mumbai by week-end, the Met department said on Thursday.

by | June 09, 2017 | 19:46

On Fox, for example, a chyron read, "Comey: President did not order me to let Flynn probe go". But he said that he was "stunned by the conversation". "I don't know", Comey said. During one of the most anticipated moments in Washington in years, former FBI Director James Comey had a lot to say.

by | June 09, 2017 | 19:37

The euro fell after the ECB cut its forecasts for inflation and said policymakers had not discussed scaling back the bank's massive bond-buying program. The impact on the single currency was limited as the lower inflation projections were offset by higher growth expectations. Its economy grew by 1.9% on the year in the first quarter, outpacing the U.S.

by | June 09, 2017 | 18:46

That number has been rising slowly over the past two years, an indication that more people in their prime working are optimistic enough to participate in the labor force. Over the past 12 months, job additions have averaged 188,000 per month. "Even though job growth slowed, it's still well above where it needs to be to keep up with the working-age population growth", said Jed Kolko, chief economist at Indeed, an online recruiting site.

by | June 09, 2017 | 18:16

In a statement announcing its latest monetary policy, the European Central Bank said "the key European Central Bank interest rates to remain at their present levels for an extended period of time", discounting the possibility of " lower " interest rates.

by | June 09, 2017 | 18:20

Morgan Stanley set a $45.00 target price on The Coca-Cola and gave the company a "neutral" rating in a research note on Monday, May 29th. COPYRIGHT VIOLATION NOTICE: This report was originally published by Sports Perspectives and is the sole property of of Sports Perspectives.

by | June 09, 2017 | 18:07

Ironically, the party has been a key ally of Temer since he took over the presidency after Rousseff was suspended and then impeached previous year. The case could heighten pressure on Temer, who faces calls for his ouster after he was caught on tape allegedly condoning bribes to silence a key potential witness in the country's sweeping three-year-old corruption investigation, known as Operation Car Wash.

by | June 09, 2017 | 17:58

They also expected the reverse repo rate to be left at 6.00 percent. Meanwhile, RBI Governor Urjit Patel on Wednesday said the six-member monetary policy committee unanimously had declined to meet the finance ministry officials ahead of the policy review, PTI reported.

by | June 09, 2017 | 18:24

The decision to maintain the repo rate was taken by the six-member MPC headed by Patel, which voted five-to-one in favour of holding the rate - the first time when it did not take a unanimous decision since beginning work in October past year.

by | June 09, 2017 | 17:30

Blockaded by its neighbors by land and sea, Qatar is eager for Trump's help. In its latest Country Reports on Terrorism, the US State Department said Qatar in 2015 froze assets and imposed travel bans on Ka'bi and Kawari, both of whom are Qatari citizens.

by | June 09, 2017 | 17:32

The stock has "Neutral" rating by Citigroup on Friday, September 16. Ratings and estimates change daily and thus the numbers may differ slightly if a new report has been issued within the last 24-hours. Comparatively, Novavax , Inc. posted earnings of $-0.23 per share in the same quarter a year ago. Media coverage about Novavax (NASDAQ:NVAX) has trended somewhat positive this week, AlphaOne Sentiment Analysis reports.

by | June 09, 2017 | 18:30

On Thursday , former FBI Director James Comey testified in front of the Senate Intelligence Committee, and in both his prepared remarks released Wednesday and his answers during the testimony, we've been able to glimpse a little further into the relationship between him and President Donald Trump .

by | June 09, 2017 | 17:41

Rachel Sheard, who cast her vote near the site of the London Bridge attack, said the election hadn't gone as expected - and that it certainly wasn't about Brexit . He was deputy prime minister of the United Kingdom from 2010 to 2015 in a coalition government with the Conservatives . Mr Farron held on to his Westmorland and Lonsdale seat in Cumbria on a much-reduced majority, down from 8,949 in 2015 to just 777 now.

by | June 09, 2017 | 18:27

Mr Trump tweeted: "Despite so many false statements and lies, total and complete vindication". Comey replied: "I don't think it's for me to say". And indeed it did. His testimony does not implicate the Trump presidency, but it nonetheless questions the billionaire Republican president's personality.

by | June 09, 2017 | 17:24

Authorities have said the London attack was apparently unconnected to the Manchester bombing. She was struck by the attackers' van and died in her fiance's arms. Charisse O'Leary, the former partner of attacker Rachid Redouane, said she had "shed many tears" for those caught up in the attack. The couple is thought to have split.

by | June 09, 2017 | 17:31

Mr Comey also suggested that both Mr Sessions and Jared Kushner hung around after others left the February 14 meeting, raising the possibility that they knew Mr Trump was going to behave inappropriately. He had Attorney General Sessions, who is somehow implicated in the investigation in some way, to the extent that he would have to be recused. As a Nobel laureate once observed, "You don't need a weatherman to know which way the wind blows".

by | June 09, 2017 | 18:15

While Qatar maintained the story was false, the report was followed by diplomatic problems between the country and other Middle Eastern nations Bahrain , Egypt, Saudi Arabia , as well as the UAE . " Iran benefits from any issue or crisis between its neighbours", he said, pointing out that Doha enjoys "fine" relations with Tehran and shares a large gas field.

by | June 09, 2017 | 18:15

He was pulled after the first period by coach Peter Laviolette after surrendering half the goals in a 6-0 rout by the Penguins in Game 5 on Thursday night. "We were really jumping and playing our game, playing fast". Game 4 marked the sixth time in their last 11 games the Penguins have scored just one goal, compared to just twice in 24 playoff games last spring.

by | June 09, 2017 | 18:22

Because of Russia's annexation of Crimea in 2014, former President Francois Hollande refused to meet with Putin past year. The New York Times confirms that Macron trashed the Russian propaganda outlets , which he says are not examples of true journalism.

by | June 09, 2017 | 17:48

Euro zone banks also touched a session low and were last up 0.5 per cent. The euro was trading broadly unchanged against the dollar, not far from a seven-month high of $1.1285 hit earlier this month. This can indicate that money is not being channeled to the real economy at a rate it has been poured in the system through asset purchasing. As long as money is being channeled toward financial markets , inflation will remain where it stands while capital markets will continue to rally.

by | June 09, 2017 | 17:33

Some have said that Comey's telling of a meeting in which the president said "I hope you can see your way clear to letting this go, to letting Flynn go", is a reason the interaction does not constitute an obstruction of justice - "hoping" is not a command.

by | June 09, 2017 | 16:43

One of the men, aged 27, was held on suspicion of the preparation of terrorist acts, while a 33-year-old was arrested on suspicion of possession with intent to supply controlled drugs. A third man, aged 29, was arrested at a home in the same area on "suspicion of the preparation of terrorist acts". 'Searches at the addresses are ongoing'.

by | June 09, 2017 | 16:52

Oil prices dipped on Wednesday, with Brent crude futures around $50 per barrel, as global fuel markets remained oversupplied, although rising tension in the Middle East and falling USA inventories lent some support. While rig counts continue to rise, well completions are falling and with the rapid decline rate of some shale wells, it means that we will struggle to keep production rising at the recent rates.

by | June 09, 2017 | 16:37

Infosys has even amended its Articles of Association adding provisions to enable it to buy back its shares, lending further credence to the news about the company mulling a share buyback worth up to $2.5 billion (Rs 17,000 crore), specially as opportunities for huge spurts of growth dry up for Indian IT companies.