Economy

by | May 13, 2017 | 09:41

China is looking to reduce its dependence on Boeing's 737 made in the United States and the Airbus A320 made in Europe. The plane will take off from Shanghai's Pudong International Airport. Comac also relies on worldwide technology from firms such as General Electric, Safran and Honeywell global. Comac says it has 570 orders from 23 domestic and foreign customers, with most from state-owned Chinese airlines.

by | May 13, 2017 | 10:16

Moon Jae-in believes that some existing books reflected left-leaning ideologies and propagated pro-North Korea principles. The top priority for the first talks between Trump and Moon should be to identify common goals and strategies on the North and lay out a shared negotiating plan that ensures one country does not get out ahead of another, they said.

by | May 13, 2017 | 09:20

Small-company stocks fell more than the rest of the market. Ahead of the opening bell in NY, S&P 500 futures dipped 0.26 per cent to 2,384.8, Dow Jones Industrial Average futures declined 0.17 per cent to 20,834 and Nasdaq 100 futures slipped 0.19 per cent to 5,660.

by | May 13, 2017 | 10:18

SoftBank yesterday said it suffered a loss of United States dollars 1 billion (Rs 6,500 crore) on its investment in Snapdeal during 2016-17, nearly matching the money it put in the home-grown marketplace. In the last funding round back in February 2016, Snapdeal was valued at $6.5 billion, which shrunk in the past year and this deal, once it goes through, could see Snapdeal being valued at about $1 billion, ET reports.

by | May 13, 2017 | 09:10

He has threatened to change libel laws to make it easier to sue over articles he doesn't like (and is seemingly oblivious to the fact that libel laws are state-level and beyond his reach). "When I chose to just do it, I said to myself, I said you know, this Russian Federation thing with Trump and Russian Federation is a made up story".

by | May 13, 2017 | 09:03

The Treasurer said the funding included $13.6 million for building maintenance at the Museum of Australian Democracy at Old Parliament House and $3.9 million for the National Film and Sound Archive for capital works and replacement of critical equipment.

by | May 13, 2017 | 08:55

A pick up in United States oil production has contributed to the imbalance in the market but there were signs last week that American crude inventories had fallen. On average, however, Brent and WTI spot prices in April were 0.72 per barrel and 1.73 per barrel higher, respectively, than the March averages, said the report.

by | May 13, 2017 | 09:38

This development isn't really a surprise since analysts have been fearing for the worst ever since Snap went public, Venture Beat reports . A large reason for the underachievement is due to the number of users slowing down. While Spiegel acknowledged Snap has to educate advertisers on the benefits of its platform, he claimed he isn't anxious about Facebook . Snapchat has been facing massive competition from Facebook recently with the company owned Instagram introducing Instagram ...

by | May 13, 2017 | 08:21

Echoing the United States' line, Moon also suggested that China, the North's sole major ally and its economic lifeline should do more to tame Pyongyang, saying "solving the THAAD problem would be easier if there was no more provocation by the North".

by | May 13, 2017 | 09:17

Ohio Attorney General Mike DeWine said Friday that two search warrants were issued for the cars. The hostages ran when the shooter fired and they were not harmed. Friday in the 200 block East Main Street in Kirkersville at Pine Kirk Care Center . The hostages were unharmed. The gunman who killed three people, including the Kirkersville Chief of Police has been identified and 2 NEWS Investigates found he has a record.

by | May 13, 2017 | 08:23

Choe Son-hui, a senior diplomat from Pyongyang's foreign ministry, will reportedly represent the North, while it's not yet known who is representing the U.S. 'I do not think our nuclear development has made our people's lives hard. Citing diplomatic sources, Japan's Kyodo news service offered some details of the preconditions set by Trump.

by | May 13, 2017 | 07:25

None of us can choose when and where we will need emergency care, or when we might join the millions of Americans who already have pre-existing conditions. Sen. Bill Cassidy (R-LA) leads another camp that wants to auto-enroll Americans without health insurance into a basic, catastrophic health care plan, paid for by an individual's federal tax credit.

by | May 13, 2017 | 08:23

The agreement also suggests that American firms will soon be able to sell liquid natural gas on the Chinese market, while American and Chinese regulators will cooperate in oversight of financial transactions, and Chinese safety reviews of American biotechnology applications will be expedited.

by | May 13, 2017 | 07:44

Scott Pruitt, head of the Environmental Protection Agency, and White House Chief Strategist Steve Bannon are thought to be arguing for withdrawal. China is the world's biggest emitter of greenhouse gases from burning coal, oil and gas with about 25 percent of the global total, followed by the United States with around 15 percent.

by | May 13, 2017 | 07:36

Chief among the concerns are whether any new threat prompted the proposal, said European Commission transport spokeswoman Anna-Kaisa Itkonen, who confirmed the talks. One issue that has become a focus for security officials is how to make sure that lithium batteries used in laptops aren't turned into bombs that can be detonated mid-air even if stored in luggage holds.

by | May 13, 2017 | 08:17

The tunnel roof collapse caused soil on the surface above to sink 2 to 4 feet (half to 1.2 meters) over a 400 square foot (37 square meters) area, officials said. "We've always known we have great challenges in Hanford", he said. The Hanford Nuclear Reservation was built during World War II and manufactured plutonium for the USA nuclear arsenal, including the bomb that shook Nagasaki, Japan.

by | May 13, 2017 | 07:55

CNN cited unnamed intelligence officials saying that terrorists would have a more hard time detonating an explosive remotely and that placing the laptops and other devices in the cargo bay might reduce damage even if a bomb were to explode.

by | May 13, 2017 | 07:30

Vornado Realty Trust (NYSE:VNO) last announced its earnings results on Monday, May 1st. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.11. Aviva PLC now owns 111,032 shares of the real estate investment trust's stock valued at $11,590,000 after buying an additional 6,138 shares in the last quarter.

by | May 13, 2017 | 06:17

The Institute for Supply Management (ISM) said its index of national factory activity dropped to a four-month low of 54.8 in April from a reading of 57.2 in March. United States economic growth slowed to an annual rate of just 0.7 per cent in the opening quarter of the year, and core inflation has subsided marginally even as the jobs market continues to progress towards full employment.

by | May 13, 2017 | 05:10

That is, China will need 5,110 single aisle planes - like the C919 - through 2035. Just after 06:00 GMT, the first C919 rolled down and off a runway at Shanghai Pudong airport, to the sounds of applause of onlookers and plenty of senior officials who showed up to celebrate a milestone for Chinese industry.It touched down 75 minutes later after a successful flight.

by | May 13, 2017 | 04:51

Trump had pledged during his presidential campaign that he would stop trade practices by China and other countries that he deemed unfair to the United States. In a win for US agriculture, the deal opens China to USA beef exporters, who have long wanted access to its more than 1.3 billion people. Asia remains the top market for USA beef shipments, selling $3.77 billion worth of beef cuts to Asia in 2016, out of US exporters' total $6.34 billion.

by | May 13, 2017 | 04:39

In Washington last week, Abbas met Trump in their first face-to-face encounter, with the USA president saying he wanted to achieve the decades-long goal of Israeli-Palestinian peace. Also known as Abu Abed, he was born in the same camp in 1963 to parents who fled when Israel was created in 1948. Israel, along with Egypt , has been enforcing a border blockade against the group since then.

by | May 13, 2017 | 05:02

There has been nearly relentlessly upbeat coverage in China ahead of the Belt and Road Forum , including documentaries on state television and smiling citizens in project countries praising the changes it has brought. "It passes or proposes to pass through what is sovereign Indian territory and we have made our views in this regard very, very clear to the Chinese side".

by | May 13, 2017 | 06:01

During a visit to Capitol Hill on Thursday, Rosenstein told Sinclair Broadcast Group that he is not resigning and that he did not threaten to quit. Perhaps the truth is that Trump believed Comey had been insufficiently carrying out the duties of his office and needed to be relieved-it's certainly within the president's right and the law to fire the Federal Bureau of Investigation director at will.

by | May 13, 2017 | 04:51

The vertical rig count rose by one on the week to 77, but was 24 higher than a year ago. From one week ago, Alberta has seen a uptick in activity from 65 to now 69 active rigs, Saskatchewan interestingly added rigs - current count at 2 which is the same as last week.

by | May 13, 2017 | 04:01

Shares in the Danish conglomerate climbed nearly 5 percent after it said a gradual recovery in freight rates should boost earnings at Maersk Line , the world's biggest container shipping business, over the rest of the year. Our Energy division is progressing on defining sustainable structural solutions for the individual businesses and was profitable in first quarter with Maersk Oil delivering strong earnings.

by | May 13, 2017 | 05:22

But Laster's action lets Cigna off that hook, likely marking the end of the troubled merger. In light of yesterday's decision and Cigna's refusal to support the merger, however, Anthem has delivered to Cigna a notice terminating the Merger Agreement.

by | May 13, 2017 | 03:54

Over the last twelve months Compass Group's stock price has increased by 29.14% from 1233.56 to 1593. ON Semiconductor Corp (NASDAQ:ON) has risen 21.43% since October 4, 2016 and is uptrending. In a report issued on Thursday, 11 May, Peel Hunt reaffirmed their "Buy" rating on Watchstone Group Plc (LON:WTG)'s stock. Therefore 48% are positive.

by | May 13, 2017 | 04:34

And that is what Microsoft has given the students, a Surface Laptop that costs $999 for the basic configuration with Intel Core i5 processor, 4GB memory, and 128GB internal storage. Microsoft says it's the thinnest LCD screen with a touch module ever put on a laptop. It will be available in four colors, Platinum, Graphite Gold, Cobalt Blue and Burgundy.

by | May 13, 2017 | 02:22

SoftBank Chief Executive Officer Masayoshi Son said Wednesday his company will "actively consider every possibility" with regard to restructuring the USA telecom industry, adding he is keen to talk about a deal for Sprint's merger. Any deal involving T-Mobile would need the backing of Deutsche Telekom, which owns about 65 percent of the USA carrier. However, the problem with that idea, Enderle said, is that T-Mobile is more successful in the marketplace lately and "were Sprint's leadership ...

by | May 13, 2017 | 03:25

ACAD has been the subject of a number of other research reports. ACADIA Pharmaceuticals Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that EVP, CHIEF COMMERCIAL OFFICER Moore Terrence O has sold 7,856 shares of ACADIA Pharmaceuticals Inc.

by | May 13, 2017 | 03:22

Around 600 Dalits and over 900 Thakurs reside in the village, about 35 km from where the violence erupted on May 9. According to police, an organisation of Dalits had sought permission to hold a "mahapanchayat" yesterday in the city's Gandhi Park to demand compensation and relief for those affected in last week's inter-caste clashes.

by | May 13, 2017 | 02:48

The Russians used the photos to troll the White House in its social media posts Wednesday. He described Trump and Secretary of State Rex Tillerson as "the kind of people who want to maintain a dialogue not as a means of demonstrating what they can achieve in the area of ideological preferences, but rather as a means of solving particular issues which have great bearing on the nation's progress, peoples' well-being and settling conflicts in different areas".

by | May 13, 2017 | 03:06

The bank said last fall that its employees opened up 2 million bank accounts without customer approval to meet unrealistic sales goals. Buffett said "it's bad" when airline executives get hauled before Congress, but said the events did not change the strategy behind his investments in the airlines.

by | May 13, 2017 | 01:58

The firm's price-to-sales ratio was noted 0.80 in contrast with an overall industry average of 4.16. These shares are worth $19,200 and were traded at $1.92 each. Therefore 57% are positive. They issued an "outperform" rating on the stock. Energy Transfer Partners ( ETP ), the midstream MLP subsidiary of Energy Transfer Equity (ETE), was upgraded by two research firms on Tuesday, May 9, 2017.