Economy

by | June 01, 2017 | 12:03

Get Data Sheet , Fortune's technology newsletter. A week after shuttering Baz Luhrmann's lavish hip-hop drama The Get Down , Netflix company founder and CEO Reed Hastings made a rare television appearance to explain why cancellations are not only healthy for the company but necessary in its aggressive pursuit of unprecedented success.

by | June 01, 2017 | 12:41

Chatter that President Trump was leaning against the Paris Agreement has been circulating for some time. Trump was responding to questions from reporters about whether he plans to withdraw the USA from the landmark global agreement.

by | June 01, 2017 | 12:21

President Trump tweeted on Wednesday, shortly after the flood of reports , that he would be announcing his decision over the next few days. Trump said he would "cancel" the deal on the campaign trial and his campaign's energy plan included a pledge to "cancel the Paris climate agreement and stop all payments of USA tax dollars to United Nations global warming programs".

by | June 01, 2017 | 12:12

The growth rate of eight infrastructure sectors - coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity - was 8.7% in April previous year. "We have shown decisiveness, even the ability to take hard decisions", he said. "Demonetisation created a new normal in economic system. The tax payers' base has increased, post our reforms against black money", he said.

by | June 01, 2017 | 12:04

The challenger with the fewest points at the end of the qualifiers will not go through to the semi-final round. "It gives us extra motivation as the nominated home team, as well as representing the United States, and to have them cheering for us is huge, we want to make them proud and I definitely think that home support will make a huge difference".

by | June 01, 2017 | 11:58

After that, House and Senate Republicans will hammer out a final budget bill to present to Democrat Gov. Roy Cooper, who has criticized the plans from both chambers. Budget Director Mick Mulvaney said the budget assumes there wouldn't be a net tax cut, though Treasury Secretary Steven Mnuchin seemed to contradict that in simultaneous congressional testimony, by saying that tax cuts would be paid for partly with stronger economic growth.

by | June 01, 2017 | 11:26

Analyst mean recommendation rating on a stock by the analyst community is at 1.80. Dish Network Corp (Call) now has $29.97 billion valuation. Blackrock Institutional Tru Na holds 0.01% or 4.47M shares. The insider BAUM CHARLES M sold 25,000 shares worth $231,750. The most optimistic analyst sees the stock reaching $15 while the most conventional has $9 target price if we look at the price target with an optimistic approach it has upside potential of 84% from its recent closing price of $8.16.

by | June 01, 2017 | 11:49

The New York-based investment bank came under fire by Venezuelan politicians and protesters in New York opposed to Maduro, who say the deal nonetheless provided the cash-strapped government hundreds of millions of dollars in badly-needed hard currency.

by | June 01, 2017 | 12:26

Major producers including Saudi Arabia , Russia and Iraq favored an extension for nine months, Reuters reported. Equatorial Guinea has become the 14th member of the Organization of Petroleum Exporting Countries (OPEC). "I expect we (Nigeria) will get OPEC exemption but one year from now will it be renewed?" Earlier this month it issued an unusual request asking other producers outside the cartel to stop pumping so much and help balance the market.

by | June 01, 2017 | 12:33

The bench had also made it clear that the BCCI CEO would report this to COA and, with the assistance of the counsel of the Board, apprise the administrators about the implementation of the Lodha panel recommendations accepted by the apex court.

by | June 01, 2017 | 11:06

Without the United States, it will be harder for the Paris deal to have its intended effect on global emissions. This is the subject that Trump is spending a great deal of time on, and one that he spoke to the G7 members about during their meetings, Spicer said .

by | June 01, 2017 | 10:43

The total value of retail sales in Australia was up a seasonally adjusted 1.0 percent on month in April, the Australian Bureau of Statistics said on Thursday - coming in at A$25.891 billion. Sales were down for clothing, footwear and personal accessory retailing (-0.4 percent) and household goods retailing (-0.1 percent). Sales at department stores climbed 2.5 percent.

by | June 01, 2017 | 11:14

Tamar Essner, director of energy and utilities at Nasdaq Corporate Solutions, said that the countries that had agreed to the cut had complied by easing production but continued to export at high levels from existing inventories. OPEC ministers were forced by Texas shale oil producers on Thursday to extend a supply cut into 2018, a regulator from the USA state said. If that coincides with strong shale-oil growth, the market looks to be oversupplied again, he said.

by | June 01, 2017 | 10:24

The shares were bought at an average price of GBX 265 ($3.40) per share, with a total value of £148.40 ($190.62). It is down 13.23% since May 31, 2016 and is downtrending. About 483,617 shares traded. Volution Group PLC (LON:FAN) has 0.00% since May 31, 2016 and is. It has underperformed by 29.93% the S&P500. Among 4 analysts covering Volution Group Plc ( LON:FAN ), 3 have Buy rating, 0 Sell and 1 Hold.

by | June 01, 2017 | 11:32

Credit Suisse AG increased its stake in shares of Aerie Pharmaceuticals by 30.9% in the first quarter. About shares traded. CIT Group Inc. Zurcher Kantonalbank (Zurich Cantonalbank) owns 0% invested in Aerie Pharmaceuticals Inc (NASDAQ: AERI ) for 1,186 shares.

by | June 01, 2017 | 11:05

Calamos Advisors Llc who had been investing in Starbucks Corp for a number of months, seems to be bullish on the $91.65 billion market cap company. Geneva Advsr Lc accumulated 2.75 million shares. Deutsche Bank downgraded the stock to "Hold" rating in Tuesday, April 12 report. The stock of Starbucks Corporation (NASDAQ: SBUX ) earned "Buy" rating by Goldman Sachs on Friday, July 22.

by | June 01, 2017 | 10:20

The ban followed an initiative by the Campaign to Boycott Supporters of Israel, which urged the Lebanese government's Ministry of Economy and Trade to nix the release of the movie just hours before its release. The Warner Bros . picture was only set to screen in 15 locations in Lebanon, which remains in a state of war with neighboring Israel, according to The Hollywood Reporter .

by | June 01, 2017 | 09:58

There were no knockout blows and she received big applause for insisting that she would walk away from Brexit negotiations rather than accept a bad deal, but this was no vintage performance from the prime minister. "This manifesto is the product of the views of the Labour Party - party conference decisions and the views put forward by individuals in the shadow cabinet", Mr Corbyn said.

by | June 01, 2017 | 11:25

The stock rose 1.16% or $0.52 reaching $45.52. Six analysts have made estimates for Abbott Laboratories' earnings, with the lowest EPS estimate coming in at $0.60 and the highest estimate coming in at $0.61. Gsa Cap Ptnrs Llp, United Kingdom-based fund reported 33,575 shares. Fisher Asset Mngmt Ltd Co reported 14,794 shares. Tcw Group has 127,960 shares for 0.04% of their portfolio.

by | June 01, 2017 | 09:41

US crude inventories rose by 882,000 barrels in the week ending May 12 to 523 million barrels, according to the American Petroleum Institute (API), defying expectations of a drop. Banks including Goldman Sachs Group Inc. and Citigroup Inc. say that even with the resurgence of US oil production, markets are tightening and prices are poised to rise.

by | June 01, 2017 | 10:04

There have been influential voices urging Trump not to ditch the Paris accord. As of Tuesday, 147 nations had ratified the Paris Agreement , representing more than 82 per cent of global emissions , the U.N. The official is involved in preparing the meeting between EU Council President Donald Tusk, Juncker and Chinese Premier Li Keqiang, but can't speak on the record because their meeting statement wasn't finalized.

by | June 01, 2017 | 10:17

Mr Trump is said to now favour an exit but has been known to change his thinking on major decisions and is thought to be meeting with aides before making his decision. "Climate change presents both business risks and business opportunities". Democratic Leader Nancy Pelosi released a statement condemning the potential move, one which she said favors big energy over the environment and allows other countries to take the lead.

by | June 01, 2017 | 11:06

The Daily Telegraph understands the Berejiklian government can reintroduce concessions five years after former premier Barry O'Farrell whacked stamp duty exemptions on existing homes for first-home buyers. Sticking to the $350,000 example, Mr Cummins said first-homers would be saving $11,000 in stamp duty. The concession was left for newly constructed homes.

by | June 01, 2017 | 10:09

Race two proved an enthralling encounter as Artemis Racing came from behind to complete a spectacular turnaround to beat SoftBank Team Japan. Tactician Tom Slingsby and skipper Jimmy Spithill engineered a split at the bottom gate, but the windshifts went in favor of Artemis Racing, who extended its lead one the first upwind leg to 19 seconds.

by | June 01, 2017 | 10:23

The embattled Chief Executive of the British Airways Alex Cruz on Monday ruled out resigning over the crippling flight disruption and maintained that the computer glitch had nothing to do with cutting costs or outsourcing IT services to India.

by | June 01, 2017 | 09:51

U.S. Secretary of State John Kerry, with his two-year-old granddaughter Isabelle Dobbs-Higginson on his lap and United Nations Secretary-General Ban ki-Moon looking on, signs the COP21 Climate Change Agreement on behalf of the United States during a ceremony on Earth Day, April 22, 2016.

by | June 01, 2017 | 09:24

The European Union and China will throw their full weight behind the Paris climate accord at a summit on Friday, EU officials said, in a bid to fill the void if the U.S. The United States is the world's second-biggest carbon dioxide emitter behind China. They said withdrawal would undermine USA credibility and its position as a global leader, empowering nations like China to drive the climate agenda and set worldwide standards while also reaping economic benefits from a growing clean ...

by | June 01, 2017 | 09:05

Private Natl Bank invested 0.16% in FirstGroup plc (LON:FGP). Stifel Corporation holds 0.01% of its portfolio in TP ICAP PLC (LON:TCAP) for 171,503 shares. Volution Group Plc had 35 analyst reports since July 28, 2015 according to SRatingsIntel. JP Morgan maintained it with "Neutral" rating and GBX 245 target in Thursday, July 21 report.

by | June 01, 2017 | 09:57

Sei Investments Company who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be bullish on the $307.44 billion market cap company. More notable recent Dorian LPG Ltd (NYSE:LPG) news were published by: Quotes.Wsj.com which released: "Dorian LPG Ltd. LPG (US: NYSE)" on May 03, 2014, also Prnewswire.com with their article: "Dorian LPG Ltd".

by | June 01, 2017 | 09:31

The International Olympic Committee is leaning toward a deal that would award the 2024 Olympics to Paris and the 2028 Olympics to Los Angeles, according to Matthew Futterman of the Wall Street Journal . The IOC is expected to announce a decision September 13 when it meets in Lima, Peru. It would be Paris' third Olympics after 1900 and 1924. A panel of four IOC Vice Presidents has been studying the 2024 bid process and is expected to reveal its findings at that meeting.

by | June 01, 2017 | 10:02

The leaders of Germany and India heaped mutual praise upon each other Tuesday — each referring to the other as a "reliable partner" in a notable contrast to Chancellor Angela Merkel's recent public doubts about Germany's ties with the United States.

by | June 01, 2017 | 09:01

It was negotiated in December 2015. More than 190 nations signed onto the deal in 2015-including the U.S., under then-president Barack Obama-and 147 countries have since formally ratified the agreement , the first to unify both developing and developed nations.

by | June 01, 2017 | 08:49

The agreement between the second and third place parties would indicate that NDP orange has become the new Green. Will never vote Green again! "Today, we're already seeing capital leaving Canada and moving towards the U.S". "The people of B.C. spoke loud and clear on election day - they want a government that works for them, not just those at the top". Without getting on the bandwagon of whether or not Liberal governments have done a good job over the past 16 years, there is one truth that ...

by | June 01, 2017 | 09:04

Testing for the presence of illicit fentanyl. There were 488 illicit drug overdose deaths in B.C. during the first four months of this year, according to the latest data released by the B.C. Any person using any illicit drugs or accompanying anyone who is using them is implored to follow harm-reduction measures. While overdoses remain rampant in communities known for higher rates of addiction, Lapointe said recreational drug users are in significant danger.

by | June 01, 2017 | 08:52

The first meeting between US President Trump and North Atlantic Treaty Organisation allies was never going to be a jovial one. He said "I don't have a problem with Germany , I have a problem with German trade.'" Cohn added . But the persistent focus on Germany's surplus has unsettled Merkel's government. When German Chancellor Angela Merkel visited the White House in March, she had to explain how European Union trade deals were negotiated nearly a dozen times, a senior German ...