Glencore Bets on Coal as Competitors Bail Out

The downturn had prompted Glencore chief executive Ivan Glasenberg to scrap dividends, sell assets and trim debt. Glencore Plc ( GLCNF ) made a $3.5 billion bid for a patch of coal-rich ground controlled by Rio Tinto Group (RIO) and Mitsubishi C... More..

by | Published more than a month ago
by | Tuesday, June 13, 2017

United States opts out of G7 pledge committing to Paris climate accord

Maxine Lipeles, a lecturer at Washington University in St. Louis, contends the President's move can not be justified on his grounds that it's a bad deal for the U.S. All environment ministers but Pruitt agreed...More..

McDonald's hires teens via Snapchat
by | Tuesday, June 13, 2017

McDonald's hires teens via Snapchat

McDonald's Corporation (NYSE: MCD ) and Snap Inc (NYSE: SNAP ) have teamed up to bring more jobs to the burger chain this coming summer. Users of the image messaging application may be served 10-second video a...More..

Dozens Of F-35 Fighters Grounded After Oxygen Problem
by | Tuesday, June 13, 2017

Dozens Of F-35 Fighters Grounded After Oxygen Problem

F-35A jets at Luke Air Force Base , AZ, will remain grounded after five incidents of hypoxia-like symptoms were reported at the base. The pause in operations continued so the Air Force could study the issu...More..

by | Tuesday, June 13, 2017

MashTalk: With iOS 11, Apple is giving the iPad a productive future

As you all may well know by now, Apple announced quite a handful of new stuff during their keynote speech at this year's Worldwide Developer Conference that began this Monday, June 5. While professional c...More..

by | Tuesday, June 13, 2017

Sanders 'Delighted' by Corbyn's Success in UK Election

Theresa May had hoped the election would add to her party's majority, but in fact, voters took it away. At the time , she was considered a strong favorite against Labour Party leader Jeremy Corbyn . News...More..

by | Tuesday, June 13, 2017

Cyber firms warn of malware that could cause power outages

Security vendors ESET and Dragos worked together to analyse samples of the malware captured in the Ukraine attack , which the pair have named W32/Industroyer [ pdf ] and CrashOverride [pdf] respectively...More..

by | Tuesday, June 13, 2017

Sterling kept under pressure after United Kingdom elections

The pound shed more than 2 percent against the dollar, dropping as low as $US1.2636 and 88.6 pence per euro - two-and six-month troughs - before recovering all the way to $1.2741 and 87.70. A negative number in...More..

New York Penn Station repairs will disrupt 9600 Long Island riders
by | Tuesday, June 13, 2017

New York Penn Station repairs will disrupt 9600 Long Island riders

Major tunnel and bridge projects will be complete by July 8, he said. The repairs, which will take three key tracks offline, will last through September 1. New York Governor Andrew Cuomo also said on Monday...More..

Puerto Rican voters support statehood in criticized referendum
by | Tuesday, June 13, 2017

Puerto Rican voters support statehood in criticized referendum

On an island with 3.4 million inhabitants and 2.26 million voters, only about 500,000 people - 23 percent of the electorate - voted on Puerto Rico's status . "I believe we will see statehood for Puerto Rico", ...More..

by | Tuesday, June 13, 2017

Burst in investor confidence in oil pushes up prices

US West Texas Intermediate (WTI) crude futures gained 61 US cents, or 1.3 per cent, to US$46.44, having peaked at US$46.71. Without any major reports until late Tuesday's American Petroleum Institute's weekly...More..

Charles Schwab Corp (NYSE:SCHW), Yamana Gold Inc. (USA) (NYSE:AUY)
by | Tuesday, June 13, 2017

Charles Schwab Corp (NYSE:SCHW), Yamana Gold Inc. (USA) (NYSE:AUY)

Other institutional investors have also made changes to their positions in the company. The share price of Yamana Gold Inc. Yamana Gold Inc. ( AUY ) stock moved with shift of 2.33% in the past week. Yam...More..

Moody's Downgrades S.Africa on Growth, Political Worries
by | Tuesday, June 13, 2017

Moody's Downgrades S.Africa on Growth, Political Worries

If all three agencies cut their rating of local currency debt to "junk" it could knock one percent off economic growth and send inflation up by 0.6 percent, Kahn said. Approximately R500 billion was wiped from ...More..

by | Tuesday, June 13, 2017

New Analyst Ratings For Georgia Healthcare Group (LON:GHG)

Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company. The shares were sold at an average price of GBX 146 ($1.89), for a t...More..

by | Monday, June 12, 2017

UK Election 2017: May fall short of majority in June

Britain's best-selling Sun newspaper said senior members of her party had vowed to get rid of May, but would wait at least six months because they were anxious that a leadership contest now could propel L...More..

Bitcoin Surprises Yet Again: Weekend Record of nearly $3000
by | Monday, June 12, 2017

Bitcoin Surprises Yet Again: Weekend Record of nearly $3000

Investors also plowed more money into the currency after Minneapolis Federal Reserve President Neel Kashkari commented on the blockchain technology behind bitcoin , saying it " has more potential than bitco...More..

by | Monday, June 12, 2017

E3 2017: Mario and Rabbids: Kingdom Battle Starts Ubisoft's Conference Off Strong

Yves Guillemot, CEO of Ubisoft, said onstage, "It was a very exciting challenge for all our teams.I think we have done something you will love". After Miyamoto's introduction, one of the game's producers debu...More..

by | Monday, June 12, 2017

Lewis Hamilton hoping he can land knockout blow in gripping title race

He then shared a sip with actor Sir Patrick Stewart, who was serving as the post-race master of ceremonies. "Every year the energy grows!" "It's insane to think after 10 years that I enjoy racing every lap ju...More..

Opel CEO Neumann resigns ahead of sale to PSA Group
by | Monday, June 12, 2017

Opel CEO Neumann resigns ahead of sale to PSA Group

General Motors last week suggested the Opel sale could be completed as early as the end of July . Neumann joined GM in 2013 to lead the US automaker's European operations after losing out in a management res...More..

by | Monday, June 12, 2017

Featured Stock to See: Antero Resources Corporation (AR)

VENTURA JEFFREY L sold $1.58M worth of stock or 48,500 shares. Poplar Forest Capital LLC raised its position in Antero Resources Corp (NYSE:AR) by 3.2% during the first quarter, according to its most recent ...More..

Gymboree files for bankruptcy
by | Monday, June 12, 2017

Gymboree files for bankruptcy

Now it's much better known for its retail business than the play spaces that the company is named after, but the name remains. Gymboree has filed for bankruptcy. The retailer has more than a thousand stores...More..

by | Monday, June 12, 2017

Here's what the Fed will signal when it hikes interest rates

With the Fed widely expected to raise interest rates at its two-day meeting that ends on Wednesday, the focus will be on any fresh hints on the pace of further tightening in the months to come and next year...More..

Aldi fires $3.4 billion shot in US supermarket wars
by | Monday, June 12, 2017

Aldi fires $3.4 billion shot in US supermarket wars

Aldi has evolved from its grocery-only model over the years to offering on-trend apparel and home goods, among other basic necessities, and it's even trying to go more sustainable with the products it does have...More..

No explosives found on easyJet plane diverted to Germany
by | Monday, June 12, 2017

No explosives found on easyJet plane diverted to Germany

A backpack that belonged to the men was examined and destroyed in a controlled explosion by authorities but no unsafe contents or explosives were found in the bag or on board the aircraft, a police spokesman sa...More..

Pakistan rejects Afghanistan's allegations on Kabul blast as baseless
by | Monday, June 12, 2017

Pakistan rejects Afghanistan's allegations on Kabul blast as baseless

Besides the German Embassy, damage was reported at the embassies of China, Turkey, France, India and Japan, according to officials from those countries. estimates, though President Ashraf Ghani's government h...More..

by | Monday, June 12, 2017

Uber fires more than 20 employees amid sexual harassment investigation

Bobbie Wilson , a partner at the worldwide law firm, said the firings included both managers and lower-level workers, some of whom retaliated against employees after they complained about bad conduct. An inve...More..

by | Monday, June 12, 2017

Theresa May to form government with help of Democratic Unionist party

The Czech prime minister said Friday that Britain should not be granted any extension on the two-year deadline for the Brexit talks. " Theresa May arrogantly gambled with our Brexit and blew it", said a ...More..

BJP forms panel to seek consensus on Presidential election
by | Monday, June 12, 2017

BJP forms panel to seek consensus on Presidential election

A sub-committee consisting of 10 members from these parties will work to finalise candidates for both the posts - President and Vice President. The nomination process will begin June 14 with the issuance of a n...More..

Jaitley discusses resolution of NPAs with top bankers
by | Monday, June 12, 2017

Jaitley discusses resolution of NPAs with top bankers

The government had through this ordinance empowered the Reserve Bank to ask banks to initiate insolvency proceedings to recover bad loans and promised more measures to resolve the NPA crisis. Since the banking ...More..

Theresa May pressured to resign after British election disaster
by | Monday, June 12, 2017

Theresa May pressured to resign after British election disaster

The following is an edited transcript of their conversation. "I obviously wanted a different result last night", a grim-faced May acknowledged, promising she would "reflect on what happened". "I would have ...More..

by | Monday, June 12, 2017

Veggies, pulses drag inflation to record low of 2.18% in May

The rise was lower than the 2.60 percent forecast by economists in a Reuters poll, and was the lowest since India started publishing an economy-wide consumer price index in 2012. "There would not be any e...More..

by | Monday, June 12, 2017

Select list of winners of the 2017 Tony Awards

The Oscar victor, who scored his first Tony Award back in 1991, kicked off the show with an original number inspired by tracks from the Best Musical nominees Dear Evan Hansen , Groundhog Day , Natasha, Pier...More..

by | Monday, June 12, 2017

Peel Hunt Trims President Energy PLC (PPC) Target Price to GBX 10

GBX 238.40's average target is 6.88% above currents GBX 223.05 stock price. In general, a stock with a score of 8 or 9 would be considered strong while a stock with a score from 0-2 would be considered weak. Vo...More..

Governor calls for concerted efforts to end Child Labour
by | Monday, June 12, 2017

Governor calls for concerted efforts to end Child Labour

Nagaland governor P.B. Acharya on the eve of " World Day Against Child Labour " has called upon citizens to join the efforts in the fight against child labour , saying concerted stand was needed against "the u...More..

by | Monday, June 12, 2017

Qatar denounces Gulf states' 'policy of domination'

Qatar has been accused by Saudi Arabia and the UAE of supporting terrorism, claims that the tiny state has rejected in the strongest terms. Almost a week after Saudi Arabia and several of its allies severed t...More..