Economy

by | May 18, 2017 | 17:23

Profit was boosted by £ 20m of cost savings that management plan to increase to £50m in the new 2018 financial year and to at least £100m by 2019, while 2017 was hit by lower wholesale income, particularly in the USA and from its beauty range, and licensing income, principally due to planned expiry of Japanese licence.

by | May 18, 2017 | 17:07

WannaCry ransomware had spread using a loophole in Microsoft windows operating systems that were initially found by the U.S. national security agency (NSA), which according to reports was using it in order to find a way to hack networks of terrorist groups, and was leaked by Shadow Brokers, which said that it had found the tools in agency's servers which the group had breached earlier.

by | May 18, 2017 | 17:32

Comey or anyone else to end any investigation, including any investigation involving General Flynn", a White House official said in a statement. The House Oversight Committee has requested "all memoranda, notes, summaries, and recordings referring or relating to any communications between Comey and the President" with a deadline of next Wednesday.

by | May 18, 2017 | 17:28

The attacks used to only be able to target one machine at a time. Railway stations, mail delivery, gas stations, hospitals, office buildings, shopping malls and government services also were affected, Xinhua said, citing the Threat Intelligence Center of Qihoo 360, a Chinese internet security services company.

by | May 18, 2017 | 17:17

Microsoft released patches last month and on Friday to fix a vulnerability that allowed the worm to spread across networks, a rare and powerful feature that caused infections to surge on Friday. "I respect the honesty of the United States", Mikhail Delyagin, the director of the Institute of Problems of Globalization in Russian Federation, told the New York Times .

by | May 18, 2017 | 15:10

The official spoke only on condition of anonymity to discuss the plan. Reports indicate that a meeting will take place this Wednesday. On Tuesday, a U.S. He said there is a risk that businesses will cancel travel rather than risk losing confidential data that might be compromised if executives are forced to check their laptops.

by | May 18, 2017 | 16:18

Trump was one of the few world leaders to call Erdogan and congratulate him last month after he tightened his reigns even further in a national referendum. The US announced on May 10 that it would supply weapons and military equipment to YPG units of the SDF alliance battling the Islamic State of Iraq and the Levant (ISIL) group in Syria, despite strong opposition from Turkey , a North Atlantic Treaty Organisation ally.

by | May 18, 2017 | 15:37

A fee subsidy for New Zealanders is also to be ended. In his Budget speech, Morrison said that, until now, employers have had to contribute one or two per cent of their payroll to training foreign workers they have employed, but claimed these requirements have "proven hard to police".

by | May 18, 2017 | 14:49

Comey is sworn in prior to testifying before the Senate Judiciary Committee on Capitol Hill in Washington, DC. The request came after The New York Times revealed on Tuesday the existence of a memo Comey had written showing Trump's attempt to obstruct the FBI's Russian Federation investigation.

by | May 18, 2017 | 15:36

He won a Premier League and FA cup double for the Blues in his debut season. Some of the criticism was deserved and some was not. Watford manager Walter Mazzarri is in no doubt Chelsea deserve the plaudits as champions, but remains determined his players will not get swept up in the title celebrations at Stamford Bridge.

by | May 18, 2017 | 13:38

This sharp decline comes after Snap announced that it added eight million active users daily in the first three months of this year to a total of 166 million - analysts surveyed by Bloomberg predicted an additional 168 million users. Facebook, in order to not miss the trend , launched their own disappearing stories in 2017. This concept was popularized by Snapchat . Ahead of its first-ever earnings call later today, Snap has unveiled a few changes to its Snapchat image- and ...

by | May 18, 2017 | 12:55

The report offered a snapshot of an increasingly solid economy. "The momentum in the job market is really impressive". But StatsCan also reports wage growth stalled to its weakest in more than two decades. Employers added 79,000 jobs in March, partly because of a snowstorm that weighed on economic activity, revised figures released by the government Friday showed .

by | May 18, 2017 | 13:46

A spokesperson for the United Auto Workers union, which represents Ford factory workers, told BuzzFeed News that its members would not be affected by the cuts. The president, who has been quick to comment on Ford and other automaker's jobs announcement, was silent Wednesday morning on Twitter . As of mid-morning, Ford shares were off by more than 1 percent, to around $10.83, continuing a almost two-week slide.

by | May 18, 2017 | 12:02

Kristian Rouz - A Group of Seven (G7) meeting revealed the deepening divide between the attitudes of the increasingly protectionist United States and the rest of the world's largest economies, which are attempting to uphold the free trade approach to the global exchange in goods and services.

by | May 18, 2017 | 12:42

Weeks after his firing, Flynn retroactively registered with the Justice Department. Flynn was sacked less than a month into his new job - which gave him access to top secret United States intelligence - for having misled Vice President Mike Pence about his contacts with the Russian ambassador.

by | May 18, 2017 | 13:35

In one riding, the NDP candidate is winning by just 9 votes, a margin that will trigger an automatic recount. The NDP has promised to ban the donations, while the Liberals have said they'll convene a review panel. "Small parties like the Greens are forever disadvantaged by a first-past-the post system". One day ahead of the provincial election Tuesday, students cast ballots in a Student Vote parallel election put on by CIVIX, a national registered charity dedicated to building citizenship ...

by | May 18, 2017 | 13:27

Burr and Warner, the chairman and ranking member of the committee, respectively, requested that Flynn and former Trump advisers Cater Page, Roger Stone and Paul Manafort provide records of any communications they had with Russian government officials and Russian businessmen during the presidential campaign.

by | May 18, 2017 | 12:04

Recall that at the weekend, Ronaldo's first goal against Sevilla took him to 400 goals for Madrid and his second in that game drew him level with Greaves on the all-time list for league goals. "Such misses aren't normal for me", he said. Real Madrid will play at the Estadio Municipal de Balaidos having recorded a series of positive results from their previous matches .

by | May 18, 2017 | 13:01

Most of all, he stressed the importance of the two parties re-opening effective, respectful communication to get a deal done. "How does CA expect to get a deal done by June 30?" "Both parties have just got to get talking". "The players have categorically rejected CA's offer given that it did not include the revenue sharing model, but its offer is all that CA wants to talk about".

by | May 18, 2017 | 11:32

That the new prime minister was a member of the Republicans, the mainstream right, "is the demonstration that (the Republicans) can not symbolize an opposition worthy of the name", Le Pen said in a statement. It would also make good on Macron's campaign promises to repopulate French politics with new faces. German Chancellor Angela Merkel says she has no intention of telling France what to do as new President Emmanuel Macron tries to revive his country's economy.

by | May 18, 2017 | 11:07

McMaster said, according to ABC News. Officials are eager to highlight the powerful symbolism of an American president choosing to visit the birthplace of Islam as his first stop rather than to neighbors Canada or Mexico. Trump will meet Palestinian Authority leader Mahmoud Abbas in Bethlehem the next morning and "convey his administration's eagerness to facilitate an agreement that ends the [Israeli/Palestinian] conflict", McMaster said.

by | May 18, 2017 | 12:06

The lengthy roster of potential candidates to replace ousted FBI Director James Comey is slimming, with Sen. How I can best serve my fellow Texans and my country has, and will continue to be, my guiding principle. Court of Appeals and is "not interested" in the job. "Clearly the bipartisan investigation of the Senate Intelligence Committee under the chairmanship of Sen".

by | May 18, 2017 | 12:22

The Tulsa World reports that Sgt. Dave Walker testified Friday during the manslaughter trial of Tulsa Officer Betty Jo Shelby, who fatally shot 40-year-old Terrence Crutcher in September. The Oklahoma Medical Examiner's Office said that Crutcher had the hallucinogenic drug PCP in his bloodstream at the time of his death, a condition it described as "acute phencyclidine (PCP) intoxication".

by | May 18, 2017 | 12:30

But it wasn't an outright denial either - " Reducing costs and becoming as lean and efficient as possible also remain part of that work ", said the company. If those on Wall Street heard, they didn't seem to care much at all; Ford shares closed at $10.94 per share Tuesday, down roughly one percent from their $11.06 open.

by | May 18, 2017 | 11:20

The negative adjusted Ebitda of the additional facilities Quorum is working to divest represent approximately $7.1 million in the first quarter, company officials said. The stock grabbed 19 new institutional investments totaling 1,625,623 shares while 25 institutional investors sold out their entire positions totaling 2,128,959 shares.

by | May 18, 2017 | 11:46

For the week ending on May 3, crude oil inventories plunged 5.25 million barrels, missing analysts' expectations for a draw of 1.79 million barrels. The bullish inventories report, came a day after crude prices dropped 1%, after EIA raised its near-term outlook for US oil production and revised down its projections for oil prices.

by | May 18, 2017 | 11:32

Google's new Lens tool is the stuff of science fiction. It's not clear if Google is dipping its toe into this market before launching a competitor to job search engines like Indeed. At Google I/O 2017, VP for engineering for Android Dave Burke announced that over 2 billion monthly active users. This one's just boring. Translation: If you want to be relevant in these early stages of the digital assistant battle, you need to have a dedicated smart speaker offering.

by | May 18, 2017 | 11:45

For iOS and Android users, Google has rolled out its official app called Google I/O 2017 to watch the event live directly on mobile. Google is yet to announce Australian pricing for Google Home , but it is likely to cost around $199 (including GST) judging by the $US129 price tag.

by | May 18, 2017 | 10:23

The AAP also contended that it could show how EVM motherboards can be changed in 90 seconds. Nevertheless, the poll panel is expected to invite suggestions from the seven political parties - including the Congress, the AAP, the SP and the BSP - that are attending the meeting on what can be done to allay their fears that the BJP is rigging elections through hacked EVMs.

by | May 18, 2017 | 11:21

Nevertheless, notwithstanding the magnitude of the Macron landslide, it would be wrong to conclude that France is united behind him. As French citizens voted Sunday, their eventual president-elect reiterated previous statements ruling out unilateral French recognition of Palestinian statehood and committing to support for a two-state solution.

by | May 18, 2017 | 10:13

To be sure, EIA believes supply and demand have basically balanced following a protracted period of global oversupply that sent oil prices to 12-year lows below $30 a barrel last year. While the curbs by producers are working, "we are not where we want to be" in bringing global inventories down "gently" below the five-year average, Mr Al Falih said.

by | May 18, 2017 | 10:41

The former FBI director who may have taken notes detailing pressure from the President to close down an investigation of the former National Security Adviser, has an invite from a key Congressional committee. Earlier on Wednesday, GOP Rep. Adam Kinzinger became one of the most high-profile Republicans to join the call for an independent commission or special prosecutor to investigate possible Trump ties to Russian Federation.

by | May 18, 2017 | 09:46

Plus, she teased the song itself in a new video. "After she releases her single this week, she hopes the remainder of her album will be available in August". Gomez's label Interscope reportedly played the track for David Byrne who, according to a source, liked the track so much he gave authority for its use.

by | May 18, 2017 | 11:01

For the next year, analysts expect that the business will report earnings of $1.45 per share, with EPS estimates ranging from $1.40 to $1.55. The current consensus recommendation provided by covering analysts is 2.30. The disclosure for this purchase can be found here. Needham & Company LLC reaffirmed a "buy" rating and issued a $14.00 price objective on shares of Cypress Semiconductor in a research note on Friday, February 3rd.

by | May 18, 2017 | 10:23

The research report and subsequent rating should be used to complement individual homework and strategy. SunTrust Robinson Humphrey "Upgrades" Cognizant Tech Sol (NASDAQ:CTSH) in a research note issued to investors on 4/13/17 to Buy with price target of $0.