Economy

by | May 12, 2017 | 22:52

China is touting the C919 as a rival to single-aisle jets such as the Airbus A320 and Boeing 737. And it's going to be big business for a range of sectors, from tourism to airplane makers as the country's airlines buy more planes and add more routes.

by | May 12, 2017 | 22:23

In response, Danielle Szetho, CEO of Fintech Australia, says they're a "huge step forward when it comes to growing a globally competitive Australian fintech industry". He continued: "While similar taxes operate in other worldwide jurisdictions, they were introduced to recover the cost of governments having to take over their banks".

by | May 12, 2017 | 22:34

The left-wing paper Liberation said he was "under pressure", even before his inauguration which is set to take place next Sunday. Macron is already looking the part. In his letter, the Dalai Lama recalled his meeting with Macron during his visit to France in September past year, and said, "It was an honour to meet with you in Paris".

by | May 12, 2017 | 22:16

The party trashed his allegations and the AAP's Political Affairs Committee (PAC) met in the evening and took the decision to suspend Mishra who was sacked as minister on Saturday. The AAP legislator had on Sunday alleged that Jain had given Rs 2 crore to Kejriwal in his presence. I have received 211 corruption complaints till now.

by | May 12, 2017 | 22:58

The purchase price represents a 9% premium to Kate Spade's Friday closing price of $16.97 and a 28% premium to the company's closing price on December 27, the last trading day preceding a report that the two were in discussions. The transaction is expected to close in the third quarter of calendar 2017. Coach sales hit a peak during its heyday in 2013, but the brand lost some of its luster and revenue slumped in 2014 and 2015.

by | May 12, 2017 | 22:42

Many expected that the sale price would exceed the $184 a share in the agreement with Verizon. EPS growth in past five years was 65.80% while EPS growth in next five years is projected to arrive at 2.46%. The Federal Communications Commission, knowing this, now wants to clean things up, auctioning off more spectrum, then swapping or reassigning various bands so they are wide enough to be useful.

by | May 12, 2017 | 23:19

The United States welcomes China, as well as any of our trading partners, to receive imports of LNG from the United States. A new China-U.S. trade deal lets Chinese companies import more liquefied natural gas from the United States, which could provide a boost to Louisiana's LNG export facilities.

by | May 12, 2017 | 22:04

A man smokes outside the Hong Kong Stock Exchange, Friday, May 5, 2017. The price for West Texas Intermediate hit a five-month low, with the June futures contract losing $2.30 United States to end the day at $45.52. Brent crude futures, the worldwide benchmark for oil prices , were at $47.88 per barrel, down 50 cents or 1% from their last close. After a sharp drop, oil prices saw a rebound with Brent trading at $48.61 per barrel and WTI rising to $45.87.

by | May 12, 2017 | 22:01

Nvidia Corporation had 99 analyst reports since August 3, 2015 according to SRatingsIntel. Citigroup has "Buy" rating and $145 target. The rating was maintained by Canaccord Genuity with "Buy" on Wednesday, April 5. 121 funds opened positions while 183 raised stakes. In this case, shares are up 3.84% from $130.43, the 52-week high touched on May. 69,482 were reported by Bnp Paribas Arbitrage.

by | May 12, 2017 | 21:32

The Paris accord, signed by almost 200 nations in 2015, was never ratified by the Senate due to the staunch oppositions of Republicans. That meeting was postponed at the last minute because Secretary of State Rex Tillerson could not be there.

by | May 12, 2017 | 22:25

Buy rating has been given by 0 analysts to the company stock whereas no analyst given UNDERPERFORM rating to stock and no analyst given HOLD rating. Now the P/E of Transocean Ltd . State Treasurer State of MI increased its stake in shares of Transocean LTD by 0.4% in the first quarter. When it comes to the Analysis of a Stock, Price Target plays a vital role.

by | May 12, 2017 | 21:58

The Saudi oil giant made a decision to cut oil supplies to the Asian market in June by around 7 million barrels, a source told Reuters , as part of a wider OPEC agreement to help buoy prices. U.S. West Texas Intermediate (WTI) crude oil futures were trading at $46.46 per barrel, down from an intra-day high of $46.66 and also little changed from their last settlement.

by | May 12, 2017 | 21:10

The Navy didn't immediately respond to FP's request for comment or reaction, but is expected to address the commander in chief's remarks in a statement. I called up defense expert Peter W. Singer of New America (which is a partner with Slate and Arizona State University on Future Tense) who affirmed the potential benefits of EMALS.

by | May 12, 2017 | 20:30

Ivanka Trump was originally due to meet with Pruitt privately Tuesday ahead of the larger meeting on top aides. The Paris accord, signed by almost 200 nations in 2015, was never ratified by the Senate due to the staunch oppositions of Republicans.

by | May 12, 2017 | 21:15

Deutsche Bank AG lifted their target price on shares of Cisco Systems from $40.00 to $42.00 and gave the company a "buy" rating in a research note on Thursday, March 23rd. Alkermes plc (NASDAQ:ALKS) announced that data from FORWARD-5 and pooled data from FORWARD-4 and FORWARD-5, two phase 3 studies of ALKS 5461 for the adjunctive treatment of major depressive disorder (MDD), will be presented at the Society of Biological Psychiatry (SOBP) Annual Meeting in San Diego, Calif.

by | May 12, 2017 | 21:28

The PACIFIC study is also evaluating overall survival (OS) as a primary endpoint, which AstraZeneca says will be assessed as the trial progresses. PFS and OS served as the primary endpoints. Astra will look at how many of its patients survived after treatment and for how long, and compare it with others in the trial who had been given a placebo.

by | May 12, 2017 | 20:44

The "C" in the aircraft's name stands for both China and COMAC, while 9 symbolizes "forever" in Chinese culture, and 19 represents the 190 seats at maximum capacity. More than 200,000 technicians worked on the project. Originally, it had been hoped that it would make its maiden flight in 2014, but this was postponed to late 2015 and then postponed again.

by | May 12, 2017 | 20:55

These, along with competition from the likes of Microsoft, remain headwinds. Nonetheless, investment in growth areas such as Enterprise Backup, Storage Management and Security businesses are expected to boost Symantec's long-term prospects.

by | May 12, 2017 | 19:59

That's the point disparity from 3-point range between the Cleveland Cavaliers and Toronto Raptors in this series. "He was going to try it, it was bothering him, he just couldn't go", coach Dwane Casey said. "He was limping badly", Casey said. With two minutes left in the half, Toronto finally earned its first lead since the opening moments of Game 1 .

by | May 12, 2017 | 20:35

That means the president will head to the G7 summit in Italy at the end of May amid continued global uncertainty over whether the United States will remain in the emissions-cutting deal struck in Paris under the Obama administration. Spicer said Trump has been meeting with his team "extensively" to discuss the issue, which has divided his top advisers as they weigh the ramifications of withdrawing from the carbon reduction agreement.

by | May 12, 2017 | 20:12

By 11:12 a.m., USA crude futures CLc1 were up $1.30, or 2.8 percent, at $47.18 a barrel, and Brent crude LCOc1 rose 2.5 percent, or $1.25, to $49.98 a barrel. Top exporter and de facto OPEC leader Saudi Arabia said on Monday it would "do whatever it takes" to rebalance a market that has been dogged by oversupply for over two years.

by | May 12, 2017 | 20:56

The company presently has a consensus rating of "Hold" and a consensus price target of $8.90. Monness Crespi & Hardt had a markedly different take on 10/11/2016, proposing that Crocs, Inc .is now considered Neutral versus prior Buy rating.

by | May 12, 2017 | 19:30

The Labor Department said that USA consumer prices increased by 0.2% in April, following a 0.3% fall in the previous month, taking the annual rate to 2.2%. Hiring has been steady and the unemployment rate fell to a ten-year low of 4.4 percent in April. The sharp slowdown in spending growth came despite very high levels of consumer confidence during the past few months, but there is likely to be an upward revision to PCE in the second reading of GDP given the adjusted March sales data.

by | May 12, 2017 | 19:10

The No. 2 ranked Toronto-Dominion (TD) Bank was lowered to an Aa2 rating, while the remaining five banks fell to an Aa rating. "Continued growth in Canadian consumer debt and elevated housing prices leaves consumers, and Canadian banks, more vulnerable to downside risks facing the Canadian economy than in the past", Moody's Senior Vice President David Beattie said.

by | May 12, 2017 | 20:06

The approval was based on data from the KEYNOTE-021 trial showing that the objective response rate (ORR) for the combination was almost double that seen for pem/carbo alone (55 percent versus 29 percent, respectively). Keytruda as monotherapy is also indicated for the second-line or greater treatment of patients with metastatic NSCLC whose tumors express PD-L1 (TPS =1%) as determined by an FDA-approved test, with disease progression on or after platinum-containing chemotherapy.

by | May 12, 2017 | 19:55

Here are six fun facts to know about Star Wars Day . And last April an estimated 70,000 people visited Orlando for Star Wars Celebration. Fans on social media tweeted " May the 4th be with you ", parodying the Star Wars catchphrase, " May the force be with you ".

by | May 12, 2017 | 20:11

Macron's Republic on the Move party on Thursday unveiled its eclectic, still partial, slate of 428 candidates for France's legislative elections in June. As for those with a political background, he only specified that 24 of the candidates come from the Socialist Party while none belong to the Republicans (LR).

by | May 12, 2017 | 20:06

Neuberger Berman Group LLC now owns 322,762 shares of the oil and gas company's stock valued at $2,146,000 after buying an additional 91,934 shares during the last quarter. Balentine LLC acquired a new position in Weatherford International Plc during the third quarter worth $122,000. Finally, Wetherby Asset Management Inc.

by | May 12, 2017 | 19:05

Snap Inc. reported a net loss of US$2.21 billion in the first quarter, versus losses of $ 104.6 million in the same period of 2016. Investors were expecting the company to report 16 cents loss per share on revenue, but the company reported $2.31 per share.

by | May 12, 2017 | 19:48

The decision echoes warnings a weak pound, coupled with rising inflation and subdued wage growth will lead to a decline in living standards. The bank cited a slowdown in consumer facing sectors and inflation, which remains above the 2% target, as reasons for the hold.

by | May 12, 2017 | 18:25

The fingerprint scanner is featured similar to the Galaxy S8, actually on the back side, but in a much more comfortable position that on the Galaxy S8. It was found during investigation of the whole affair that the battery housing simply didn't have enough room to deal with the warmth of it, which resulted in the handset engulfing in flames.

by | May 12, 2017 | 19:01

We've rounded up commentary from Australia's leading investment banks with their initial thoughts on how the move will affect bank profitability. The bank posted an interim cash profit of more than $4 billion, coming in the wake of a busy six months in its digital transformation.

by | May 12, 2017 | 17:49

The rise was optimistic as compared to annual rise forecast by economists in a Reuters poll that put the WPI at 4.79 per cent. The core CPI, which excludes volatile food and energy costs, rose a slight 0.1%, reversing a 0.1% decline in March.

by | May 12, 2017 | 19:31

Same-store sales slid 3.5 percent last quarter, the department store company said Friday, sending the shares down as much as 12 percent in early trading. The path through the new retail landscape was been made even more hard for JCPenney after its catastrophic transformation several years ago under a one-time Apple executive.

by | May 12, 2017 | 17:43

The Senate intelligence committee is also subpoenaing a number of Trump's associates for documents related to an investigation into Russia's interference in the election. Yesterday, while I was in NPR's tiny basement booth underneath the briefing room in the West Wing of the White House, I got a text from the mom of one of my son's friends, Abby Grace.