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Economy

GIG is set to remain in Edinburgh, as announced in April when the government's sale was green-lit following months of legal challenges . It has been a manic 12 hours for mergers. Lord Smith of Kelvin, chair of the GIB up to the completion of the transaction, said: "Today marks the beginning of an exciting new chapter for the Green Investment Bank".
  • Trump Responds After UA CEO Kevin Plank Resigns From Manufacturing Council

    Trump Responds After UA CEO Kevin Plank Resigns From Manufacturing Council

    Economy

    After that, AFL-CIO President Richard Trumka joined the CEOs of Merck, Under Armour , Intel and the Alliance for American Manufacturing in leaving the council. President Trump spoke out for the first time on the departure of not only Plank but other CEO's as well. Trump only condemned violence from "many sides".
  • Shapoorji Pallonji Group says Tata group's order on business ties inconsequential

    Shapoorji Pallonji Group says Tata group's order on business ties inconsequential

    Economy

    The ongoing feud between Tata Sons and its erstwhile chairman Cyrus Mistry has taken a toll on the 80-year-old relationship between the Tata Group and Mistry family's Shapoorji Pallonji Group. The Shapoorji Pallonji Group still has an 18.5 percent stake in Tata Sons, the group holding company (the first investment took place in 1936). SP group built majority of the TCS campuses and Tata Motors factories.
  • South Korean president: Seoul must be involved in any military decisions

    South Korean president: Seoul must be involved in any military decisions

    Economy

    Last week, North Korea threatened to fire missiles toward the U.S. Pacific territory of Guam, with President Trump following up with a warning of " fire and fury like the world has never seen before". The ministry quoted Lavrov as saying tensions could rise again with the USA and South Korea set to launch large-scale military exercises on August 21.
  • Blackstone and JPMorgan CEOs still under pressure over Trump

    Blackstone and JPMorgan CEOs still under pressure over Trump

    Economy

    Mr Trump also appeared in danger of losing support from key Republicans he will need to advance his agenda in Congress . Senator Bob Corker, the chairman of the Foreign Relations Committee , questioned the president's "stability", and Senator Tim Scott, the only black Republican in the Senate, declared Mr Trump's moral authority is "compromised".
  • Infosys plunges sharply as Sikka resigns as MD & CEO

    Infosys plunges sharply as Sikka resigns as MD & CEO

    Economy

    I am deeply grateful to our Board for providing me with strong support and guidance, and especially wish to thank our Chairman Seshasayee for his extraordinary and thoughtful stewardship, and look forward to working together on a smooth transition .
  • 13 dead, 100+ hurt in Barcelona van terror attack; 2 suspects arrested

    13 dead, 100+ hurt in Barcelona van terror attack; 2 suspects arrested

    Economy

    Vehicles have been used to ram into crowds in a series of militant attacks across Europe since July 2016, killing well over 100 people in Nice , Berlin , London and Stockholm. It came to stop atop the famous Joan Miró mosaic, where the attackers fled. The broadcaster also reported that the suspects were wearing explosive belts that were not detonated.
  • 13 killed, 100 injured in Barcelona terror attack, IS claims responsibility

    13 killed, 100 injured in Barcelona terror attack, IS claims responsibility

    Economy

    A van veered onto a promenade Thursday and barreled down the busy walkway in central Barcelona , swerving back and forth as it mowed pedestrians down and turned a picturesque tourist destination into a bloody killing zone. We were walking down a parallel street when suddenly people started running towards us screaming 'Run!' and so I grabbed the two girls and ran inside an Orange phone shop.
  • North Korea warns it won't negotiate nukes if USA is hostile

    Economy

    But where is the mercurial Kim Jong-un headed next? Since 2008, photographer Eric Lafforgue ventured to North Korea six times. Kim has refused to meet with senior Chinese leaders, and he even apparently assassinated his own half-brother, who was living under Chinese protection.
  • USA says joint South Korea war games not on the negotiating table

    USA says joint South Korea war games not on the negotiating table

    Economy

    While the U.S. prefers a diplomatic approach, the country and its allies are prepared to respond to a North Korean threat with military force, Mr Tillerson said at a news conference. "Together, we will deter and, if necessary, defeat any threat". The missiles would have to fly over Japan to reach their target, worrying Tokyo that warheads or missile debris could fall on its territory.
  • Analyst Earnings Forecast Coverage: Schlumberger Limited (SLB)

    Analyst Earnings Forecast Coverage: Schlumberger Limited (SLB)

    Economy

    The stock declined 0.64% or $0.41 reaching $63.3 on the news. Gateway Investment Advisers Lc holds 5.03 million shares. Future earnings predictions are perhaps the most essential input when trying to value a company. Barclays PLC reissued an "overweight" rating and set a $107.00 target price on shares of Schlumberger N.V.in a research report on Monday, April 24th.
  • Investors Real Estate Trust Stake Acquired By Vanguard Group

    Economy

    ETF price volatility remained at 0.83% in recent month and reaches at 0.93% for the week. They anticipate the ARE stock will hit $126.55 on a short term (12 month) basis. will post $1.46 EPS for the current year. Rhumbline Advisers owned 0.19% of Alexandria Real Estate Equities worth $21,345,000 at the end of the most recent reporting period.
  • Exxon Mobil Corporation (NYSE:XOM) Chalking Up Volume in Session

    Exxon Mobil Corporation (NYSE:XOM) Chalking Up Volume in Session

    Economy

    The ex-dividend date of this dividend is Thursday, August 10th. It has underperformed by 93.21% the S&P500. Jacobus Wealth Management holds 0.12% in Exxon Mobil Corporation (NYSE:XOM) or 4,612 shares. Utd Financial Advisers Limited Liability Corporation holds 0% or 10,000 shares. That amounts to about 43.8% of XOM's average daily trading volume over the past month of 10.8 million shares.
  • US, China Sign Communication Deal Amid Heightened Tensions on Korean Peninsula

    US, China Sign Communication Deal Amid Heightened Tensions on Korean Peninsula

    Economy

    General Joseph Dunford, chairman of the Joint Chiefs of Staff and the highest-ranking military officer of the United States Armed Forces, traveled to Beijing to meet with his approximate Chinese counterpart Fang Fenghui, chief of the Joint Staff Department of the People's Liberation Army (PLA) and one of China's highest ranking military officials.
  • Sabra Healthcare REIT, Inc

    Sabra Healthcare REIT, Inc

    Economy

    It has outperformed by 18.55% the S&P500. Dalton Greiner Hartman Maher & Co increased Netscout Sys Inc Com (NTCT) stake by 23.48% reported in 2016Q4 SEC filing. Blackrock Japan accumulated 2,760 shares or 0% of the stock. Sabra Healthcare REIT , Inc. has a one year low of $19.30 and a one year high of $29.10.
  • Merck, Under Armour, Intel CEOs resign from Trump panel

    Merck, Under Armour, Intel CEOs resign from Trump panel

    Economy

    Unilever CEO Paul Polman wrote on Twitter , "Thanks @Merck Ken Frazier for strong leadership to stand up for the moral values that made this country what it is". Within minutes, Trump attacked him on Twitter , saying Frazier's resignation will give him "more time to LOWER RIPOFF DRUG PRICES!" About four hours later, Trump delivered a statement from the White House in which he denounced the hate groups at the center of Saturday's violence.
  • Analysts Research Summary: Cliffs Natural Resources Inc (CLF)

    Economy

    It dropped, as 38 investors sold Cleveland-Cliffs Inc shares while 63 reduced holdings. Vanguard Group Inc. boosted its stake in shares of Cliffs Natural Resources by 53.3% in the first quarter. Some buy side analysts are also providing their Analysis on Cliffs Natural Resources Inc., where 2 analysts have rated the stock as Strong buy, 1 analysts have given a Buy signal, 4 said it's a HOLD, 1 reported it as Underperform.