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UK Confirms It Will Leave EU Single Market Upon Brexit


He added: "Bridging between Churchill and Monet, I am certainly a determined optimist". The UK government has been keen to get an early agreement reassuring anyone in this position, and now it appears the European Union too wishes to press on with this matter. Read More »

America's banks are really, really healthy


Analysts had expected U.S. banks to make a strong showing in this year's test. Trump has promised to undo various restrictions on financial firms that were put into place after the 2008 financial crisis, including the 2010 Dodd-Frank Act. Read More »

Amazon to buy Whole Foods Market in deal valued at $13.7 billion

He added that these are likely the higher-income households who tend to buy more expensive brands and cuts of meat. The grocery giants like Walmart , however, have so far managed to maintain their edge of having more stores nationwide, swiftly penetrating e-commerce, and establishing grocery pickup at many of those stores. Read More »

WRAPUP 3-Weak US consumer prices, retail sales put spotlight on Fed

The consumer-price index, which measures what Americans pay for everything from dog food to doctors' visits, declined a seasonally adjusted 0.1% in May from the prior month, the Labor Department said Wednesday. The inflation measure the Federal Reserve tracks is now at 1.5%, while the central bank's target is at 2%. Shelter costs - which account for about a third of the overall price index - increased 0.2% on the month and rose 3.3% on the year. Read More »

Oil Price Could Plummet To $30 Per Barrel Says Fesharaki

The American Petroleum Institute (API) reported an increase of 2.75 million barrels in crude oil inventories, against analysts' expectation of 2.7 million barrels of drawdown for the week ended June 9. Adding to the glut is an ongoing rise in USA production driven by shale drillers, which has pushed United States output up by 10 per cent over the a year ago to 9.3 million bpd, not far off top exporter Saudi Arabia . Read More »

Captain Kane rescues England against Scotland

The former Scotland and Manchester United midfielder said he was impressed with the physical presence of Gareth Southgate's young England side - and how his men coped with it. "I heard a noise after that that I've never heard anything like before. We haven't managed to win, but given the narrative of the game, we've got to be pleased to take the point". Read More »

Ruth Davidson dismisses Scottish Tories breakaway claim


In an early indication that she might seek a greater influence in the United Kingdom party, Ms Davidson said on Friday she had been given assurances that any Conservative deal with the Democratic Unionist Party (DUP) would not affect LGBTI rights . Read More »

Twelve arrested after London terror attacks released without charge

Khuram Butt (27), a British national who was born in Pakistan, was filmed praying in front of an Islamic State flag in London's Regent's Park as part of a controversial Channel 4 programme that was broadcast in January a year ago. He was reported to be a pastry chef from Ireland. The two attackers' pictures were released by police and inquiries were ongoing to confirm the identity of their accomplice. Read More »

Barrick Gold Corp's (ABX) "Outperform" Rating Reaffirmed at BMO Capital Markets


Company's distance from 20 day simple moving average is -1.63% and distance from 50-Day simple moving average is -10.12%. The company's Market capitalization is $19.36B with the total Outstanding Shares of $1.17B. As per Tuesday, August 2, the company rating was initiated by Citigroup. Finally, Gemmer Asset Management LLC acquired a new stake in shares of Barrick Gold Corp during the first quarter valued at $155,000. Read More »

Warriors throttle Spurs to take 2-0 series lead

He did not practice. Asked if he thought he would be ready to play in Game 3 , Leonard said: "Just day to day, really, see how it feels tomorrow". Warriors: Coach Steve Kerr attended his second game this series but again watched behind the scenes as he recovers from a May 5 procedure at Duke University to fix a spinal fluid leak. Read More »

German Foreign Minister Wades Into Row Over Greek Debt Bailout

Greece has seen its national output fall by a quarter since it was plunged into crisis more than seven years ago, and the latest setback leaves it even further from bringing its huge debt pile under control. "The IMF wants maximum (debt relief) commitment upfront, while others would prefer to be more precise only in 2018", a senior euro zone official said, referring to the end of the third bailout in mid-2018, by which time lenders would have a full view of Greek reform completion and the ... Read More »

London Sevens: Scotland upsets hosts England in season finale


The nation's sevens team became the first Scottish side to beat a New Zealand team in any form of rugby in the 112 years since the countries first met. It's so special and I'm so proud of the boys. This sport is something that just grips you. Andrew Knewstubb scored New Zealand's third try on halftime and a lead of 21-0 over Scotland appeared enough. Read More »

AT&T workers go on three-day strike

A union representing 40,000 AT&T Mobility workers is threatening a nationwide strike this weekend after negotiations with the telco stalled. This is the first time AT&T wireless workers have gone on strike - and a key sticking point in the contract is the company's insistence on outsourcing jobs, the union said . Read More »

Oil Edges Higher As OPEC Reaches Consensus On Cut Extension

In another bearish blow to crude oil prices, the EIA, in its Short-Term Energy Outlook said that the USA crude oil production will average 9.3 million barrels per day (bpd) in 2017 and 10 million bpd in 2018. Brent Crude, used to price global oils, now trades at around $50 a barrel in London. Brent crude was up 57 cents, hovering at $50.79 per barrel, while US West Texas Intermediate jumped 61 cents to $47.94. Read More »

Marshalls plc (MSLH) Earns "Buy" Rating from Shore Capital

In the duration of 12 months Tate & Lyle PLC's share price has increased by 0% to 758.5 from 0.00. The stock was sold at an average price of GBX 356 ($4.60), for a total transaction of £1,580,978.20 ($2,044,720.90). Barclays Capital maintained Aviva plc (LON:AV) on Thursday, July 21 with "Equal Weight" rating. In other news, insider Dean K. Finch sold 444,095 shares of the company's stock in a transaction dated Thursday, April 13th. Read More »

Pippa Middleton Is Reportedly in a Bridal Boot Camp


Although there will be 100 or so guests at St Mark's Church in the nearby village of Englefield for the ceremony, more than 300 are expected back at Middleton manor to dance the night away. She enacted the " no ring, no bring " rule, which means a guest can not bring a date if he or she is not married to the person. For example actress Meghan Markle , who is dating Prince Harry, has already bagged her invitation to the ceremony. Read More »

SoftBank's profit zooms on Sprint turnaroun


Sprint, which has been reporting financial losses since 2007, reported a loss of $0.07 per share on $8.5 billion in revenue during Q1 2017. For T-Mobile, it means deploying 5G technology on existing low-band spectrum, which is only part of what 5G is supposed to look like. Read More »

Jakarta Governor Sentenced to Two Years in Prison for Blasphemy

Hardline Islamic groups opposed to having a non-Muslim leader for the city capitalized on the trial to draw hundreds of thousands to anti-Ahok protests in Jakarta that shook the centrist government of President Joko "Jokowi" Widodo. Islamist groups in the country, whose supporters gathered outside the courtroom, had demanded the maximum penalty possible be handed to Purnama on the basis that his comments had insulted the Quran. Read More »

Australia treasurer promises fair budget that reins in debt

Three years on, Morrison finally wiped the slate clean tonight in his second budget, also setting down a path to budget surplus by 2021. Australia's banks will be forced to share the data they hold on a customer when requested by that customer under a new regime introduced by the federal government. Read More »

ANC lashes out at judge who wants Zuma to explain reshuffle


In court papers‚ the president had said that the opposition party's urgent application to have reasons for the recent Cabinet reshuffle divulged was misconceived and without merit. Zuma argued he was exercising his powers in terms of section 91 (2) of the Constitution of the Republic of South Africa. To read into the Constitution that the president must explain himself on the composition of the National Executive to the opposition is to use the judiciary to police political decisions and ... Read More »

Patanjali notches Rs 10561 crore turnover


Now operating primarily from Hardwar, Patanjali is looking to set up facilities at destinations such as Noida, Nagpur and Indore, among others, that would take his production capacity to Rs 60,000 crore in the next one year from Rs 35,000 crore now. Read More »

Oil hovers near $46 as shale revival cancels out OPEC efforts

The pan-European FTSEurofirst 300 index .FTEU3 rose 0.69 percent and MSCI's gauge of stocks across the globe.MIWD00000PUS gained 0.36 percent after touching a record high. According to the data of USA, crude inventories fell 930,000 barrels, against the expectations of analysts for a decrease of 2.3 million barrels. Crashing oil prices in late 2015 and early 2016 dealt a blow to the US shale industry. Read More »

Google agrees to pay $335 million in Italy tax dispute


However, the investigators did not reveal how much they were seeking to recover. Google has come to an agreement with the Italian tax office to to pay €306mn to settle a dispute. Other U.S. multinationals, including and Facebook Inc., are also under scrutiny in Italy. The U.S. company has previously said it complied with tax rules in every country it worked. Read More »

Apple steps up its effort to emphasize its economic impact

US -based suppliers such as Corning, which provides glass for the iPhone and iPad, and 3M, which Apple calls on for adhesive materials, credit the company for 450,000 jobs. Foxconn is the world's largest contract electronics maker and is best-known for assembling products for global brands such as Apple and Sony. The move comes as Apple prepares for the roll-out of its next-generation iPhone later this year. Read More »