Markets

Osmeña opposes LTFRB's suspension of Uber

Osmeña opposes LTFRB's suspension of Uber A company spokesman said Uber was "studying the order". The commotion began after the Land Transportation Franchising and Regulatory Board ( LTFRB ) told Uber to stop accepting new driver applications until it better understood how to regulate the ride-hailing industry in the Philippines. [Full Article...]

German economy, Europe's largest, posts 0.6 pct 2Q growth

German economy, Europe's largest, posts 0.6 pct 2Q growth The economic data pictured Germany as enjoying stable rates alongside other European Union nations. "The development of foreign trade, however, had a downward effect on growth because the price-adjusted quarter-on-quarter increase in imports was considerably larger than that of exports", it added. [Full Article...]

U.S. stocks fall as North Korea worries rise

A small rise in a measure of USA consumer prices pointed to benign inflation that could make the Federal Reserve cautious about raising interest rates again this year, which would be favorable to equity investors. Viacom slid 60 cents, or 1.9 percent, to $30.17. Investors bought safe-haven assets such as gold , helping the precious metal touch a two-month high, and the Japanese Yen rose. [Full Article...]

Kylie Jenner Bids Farewell To Her Teens W/ Mouthwatering Bikini Pics

Kylie Jenner Bids Farewell To Her Teens W/ Mouthwatering Bikini Pics The night before, after watching rumored boyfriend Travis Scott in concert, she met up with her sisters and mom - who caught her off-guard with a surprise party at midnight. 'I simply feel like this distinction thing will arrive at an end sooner than we might suspect. I love you more than you will ever know! Kylie Jenner is not a girl market. [Full Article...]

British Gas is to hike electricity prices by 12.5%

British Gas is to hike electricity prices by 12.5% British Gas has announced plans to raise electricity prices by 12.5 percent from mid-September, affecting 3.5 million customers. Customers using a pre-payment meter will also not be affected. It was quickly removed from the website and British Gas subsequently refused to comment, beyond saying it does not speculate about future electricity pricing. [Full Article...]

Euro zone economy outperforms Britain for second straight quarter

Euro zone economy outperforms Britain for second straight quarter On Monday the EU said eurozone inflation in July remained well below the European Central Bank's target, meaning that the bank is likely to carry on for now with its massive economic stimulus policy and low interest rates. However, Greek unemployment still remains at 21.7 per cent while in Spain it remains at 17.1 per cent. The euro EUR= has rallied more than 12 percent year to date and is... [Full Article...]

Kenmore Smart appliances add Alexa support in Sears Amazon deal

Kenmore Smart appliances add Alexa support in Sears Amazon deal Sears announced today to sell its Kenmore appliances on amazon. Officially, these products should only be available through Sears-branded stores and Kmart , and the Amazon partnership marks the first time that Sears will sell its appliances through another retailer. [Full Article...]

Alphabay and Hansa darknet markets shut down after worldwide police operation

Alphabay and Hansa darknet markets shut down after worldwide police operation Sessions explained the site, known as AlphaBay , featured hundreds of vendors selling opiates such as fentanyl and heroin. According to Europol , the marketplaces, considered the successors to the infamous Silk Road , facilitated the criminal economy in trading over 350,000 illicit goods including drugs , firearms, toxic chemicals and cybercrime malware. [Full Article...]

Trump dodges on Russian Federation sanctions

Trump dodges on Russian Federation sanctions On Tuesday, Donald Trump Jr. released an email trail from last summer confirming the unusual circumstances of his meeting with a Russian lawyer who has Kremlin ties. that meeting?" Earlier this week, Democrats objected that House Republicans were trying to prevent the minority from ever bringing up a resolution under the bill to block Trump from making changes to sanctions policy, absent R... [Full Article...]

Clock Is Ticking On Landmark Tesla Inc (TSLA) Australia Battery Deal

Clock Is Ticking On Landmark Tesla Inc (TSLA) Australia Battery Deal After a connectivity agreement is reached between Tesla , South Australia , Neoen and the Australian Energy Market Operator within the next few weeks, the 100-day deadline will begin, Reuters reports. Musk also confirmed a much-publicised promise to build it within 100 days or do it for free. The company has previously rolled out a 20-megawatt energy storage facility in California ... [Full Article...]

Should You Buy SKY PLC (SKYAY) (SKYAY) On Current Analyst Views?

Should You Buy SKY PLC (SKYAY) (SKYAY) On Current Analyst Views? It has outperformed by 4.78% the S&P500. Berenberg Bank's target would suggest a potential upside of 18.97% from the company's last stock close price. It has a 48.15 P/E ratio. The Company is engaged in operation of pay television broadcasting and home communications services, including provision of broadband and telephone operations. [Full Article...]

Average Gas Prices In OKC Up 6.7 Cents Per Gallon

Average Gas Prices In OKC Up 6.7 Cents Per Gallon Including the change in gas prices in OR during the past week, prices yesterday were 8.2 cents per gallon higher than the same day one year ago and are 6.9 cents per gallon lower than a month ago. This week's statewide average of $2.05 per gallon is two cents lower than last week at this time. Motorists in Miami-Dade County were paying an average $2.25, a 3-cent drop compared to the previous Monda... [Full Article...]

Qatar Given Extra 48-Hrs To Respond To Saudi Demands

Qatar Given Extra 48-Hrs To Respond To Saudi Demands A senior Turkish government official says the whole Gulf region could suffer if the crisis between Qatar and its Arab nations deepens. Otherwise, the alliance also threatened to impose further sanctions against Qatar . The deadline for the Qatar's response to the demands has ended Sunday. On Saturday, the emirate's foreign minister said that Qatar would not meet any of the 13 dema... [Full Article...]

Kyle Lowry, Raptors Agree To Three-Year, $100 Million Contract

If that is the case, one veteran big man on the market could become a target for the Heat: Serge Ibaka . Kyle Lowry over everything still exists for the Raptors . However, retaining him makes little sense if the Raptors do not intend to also re-sign Lowry, who shares an agent with Ibaka, because Toronto would be heading for a rebuild. [Full Article...]

Military parade for Xi in HK

Military parade for Xi in HK Police blocked roads, preventing pro-democracy protesters from getting to the harbour-front venue close to where the last colonial governor, Chris Patten, tearfully handed back Hong Kong to China in the pouring rain in 1997. Some protesters carried a cardboard model of a toilet picturing Leung's face on the lid and Lam's face in the bowl, covered with excrement. President Xi Jinping adopted ... [Full Article...]

Store Capital Downgraded at Mizuho After Buffett Investment

Store Capital Downgraded at Mizuho After Buffett Investment Store Capital issued 18.6 million shares to Buffett's company in a private placement at $20.25 apiece, the Scottsdale, Arizona-based REIT said Monday in a statement . Two equities research analysts have rated the stock with a sell rating , two have given a hold rating and one has issued a buy rating to the company's stock. [Full Article...]

Pakistani soldiers to protect Chinese

Pakistani soldiers to protect Chinese The Chinese foreign minister said that both Afghanistan and Pakistan had signaled good will to each other as they agreed to establish a crisis management mechanism, which is an important step forward to improve bilateral ties, noting that the next step is to find an effective way to operate the mechanism by the two sides. [Full Article...]

UK's Hammond calls for smooth Brexit to avoid cliff edge

UK's Hammond calls for smooth Brexit to avoid cliff edge The European Union said after a first day of talks on Britain's exit from the 28-member bloc that the clock was ticking on negotiations, but British Brexit minister David Davis said he was optimistic they would yield a swift and good outcome. [Full Article...]

Fed: Biggest US banks strong enough to withstand recession

Fed: Biggest US banks strong enough to withstand recession Other banks serving the Triad required to conduct the stress test are Bank of America Corp., Fifth Third Bancorp, PNC Financial Services Group Inc., SunTrust Banks Inc. The tests compare the losses projected for each bank with its capital. Banks now have an opportunity to resubmit those plans if they find their own projections were much sunnier than the Fed's. [Full Article...]

Amazon to buy Whole Foods for $13.7b

Amazon to buy Whole Foods for $13.7b Jon Hauptman, senior director of retail for grocery consulting firm Willard Bishop in Long Grove, Ill., said e-commerce in the supermarket industry is not highly developed. These three have begun offering some of what Whole Foods offers, forcing the supermarket chain to cut prices. The deal also allows Whole Foods co-founder and CEO John Mackey to remain as head of the company he started. [Full Article...]


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