Finance


Brexit : MEPs threaten to veto offer on European Union nationals Brexit : MEPs threaten to veto offer on European Union nationals
- July 10, 2017

The letter was authored by Guy Verhofstadt , the leader of the Liberal group (Alde) and the parliament's Brexit coordinator. "No country's citizens should be affected retrospectively by Brexit ". In the piece, the MEPs said May's proposal even contradicted promises made by the Leave campaign. The letter also insists that the European Court of Justice plays a full role in enforcing the rights of both British and EU nationals - a demand which the United Kingdom government will see as ... (more...)
Chinese developer Sunac to buy $9.3 billion of Wanda assets Chinese developer Sunac to buy $9.3 billion of Wanda assets
- July 10, 2017

But the companies said Sunac would take a 91 percent stake in 13 other "cultural and tourism projects" owned by Wanda, a commercial property developer that has diversified into entertainment, theme parks , and sports, partly as a buffer against Chinese real-estate volatility. (more...)
Stripe in global deal with WeChat Pay and Alipay Stripe in global deal with WeChat Pay and Alipay
- July 10, 2017

The announcement was made Monday on Stripe's blog and coincided with its expansion into the Hong Kong market. "In 2016, Alipay and WeChat Pay dominated the mobile wallet ecosystem in China, with 92% market share between them", said Stripe. (more...)
Sanctions against Russian Federation to remain in place, says US Sanctions against Russian Federation to remain in place, says US
- July 10, 2017

Volker will "coordinate all State Department efforts to bring a resolution to the conflict created when Russian Federation invaded Crimea and later eastern Ukraine", Tillerson spokesman R.C. This includes not only long-standing demands that Russia somewhat reverse Crimea's secession from Ukraine and accession into the Russian Federation, but end the rebellion in Eastern Ukraine. (more...)
First Tesla Model 3 electric auto rolling off production line First Tesla Model 3 electric auto rolling off production line
- July 10, 2017

Only 30-sedans will be available to the public by the end of this month. It's intended that a further 100 customers will get their Model 3 in August, and it will then grow substantially to 1,500 units in September and as many as 20,000 per month from December onwards. (more...)
COSCO offers $6.3b for OOIL COSCO offers $6.3b for OOIL
- July 10, 2017

Assuming all shareholders tender their shares under the offer, COSCO will own 90.1 percent of OOIL upon completion, while SIPG will hold the remaining 9.9 percent share. Hong Kong-listed Cosco also surged on Monday morning, gaining 7.1 per cent to HK$4.4 as of 10.30am after the company made a joint offer with Shanghai Port Group Development for the acquisition of OOIL. (more...)
All-Star Game: Pitbull will perform at Home Run Derby in Miami All-Star Game: Pitbull will perform at Home Run Derby in Miami
- July 10, 2017

ET, MLB Network), including Chicago White Sox infielder Yoan Moncada , Blue Jays third baseman Vladimir Guerrero Jr., and New York Mets shortstop Amed Rosario , among several others. Since that time, millions of baseball fans around the world have subscribed to MLB.TV, the live video streaming product that airs every game in HD to almost 400 different devices. (more...)
Centre notifies 7th pay panel recommendations on allowances Centre notifies 7th pay panel recommendations on allowances
- July 10, 2017

Union Cabinet approved the recommendations of 7th Pay Commission on allowances with 34 modifications on June 28, 2017. Briefing the media after the Cabinet meeting, Finance Minister Arun Jaitley had then said the modifications are based on suggestions made by the Committee on Allowances (CoA) in its report submitted to the Finance Minister on 27 April, and the Empowered Committee of Secretaries set up to screen the recommendations of the 7th Pay Commission. (more...)
Jordan, Kuwait carriers lift laptop ban on United States flights Jordan, Kuwait carriers lift laptop ban on United States flights
- July 10, 2017

Kuwait Airlines said the decision to lift the ban came after USA officials inspected the carrier's security measures. Qatar Airways today said all personal electronic devices can be carried on board all departures from Doha's Hamad International Airport to destinations in the US. (more...)
ED finds incriminating documents after raids at Misa Bharti's properties ED finds incriminating documents after raids at Misa Bharti's properties
- July 09, 2017

By the time Misa recovered from the surprise visit, the ED teams had raided three properties, namely Sainik Farms and the controversial Bijvasan farmhouse. Cash is deposited in the bank accounts of these companies and after multiple transactions cheques are issued to beneficiaries. Ltd, M/s Mani Mala Delhi Properties Pvt. (more...)
Junaid Khan lynching case: Main accused arrested in Maharashtra's Dhule district Junaid Khan lynching case: Main accused arrested in Maharashtra's Dhule district
- July 09, 2017

Junaid's father Jalaluddin Khan seemed to be satisfied with the arrested. Summary: But the prime accused arrested on Saturday is not related to the five accused arrested earlier. "The identity of the accused, who has been nabbed from Sakri in Dhule, is not being disclosed keeping in mind the legal process", SP (GRP) Kamaldeep Goyal said. (more...)
Under2 Coalition leaders issue statement ahead of the G20 Summit Under2 Coalition leaders issue statement ahead of the G20 Summit
- July 09, 2017

Since President Trump announced he will withdraw the United States from the Paris Climate Agreement , over 1,400 USA cities, states and businesses have stepped up to vow that they would do so independently of the federal government. According to a press release from the governor's office, California will convene representatives from subnational governments, businesses, investors and civil society to demonstrate the groundswell of innovative, ambitious climate action from leaders ... (more...)
These are the stunts performed by Sidharth Malhotra in A Gentleman These are the stunts performed by Sidharth Malhotra in A Gentleman
- July 09, 2017

Jacqueline Fernandez and Sidharth Malhotra took the twitter to announce their trailer launch in much sensuous manner. The movie will see some action sequences and stunts performed by both Sid and Jacqueline. Jacqueline believes romancing Siddharth was easy while filming the movie. When asked whether he has a double role in the movie, Malhotra said, "It is not inherently a double role, but there are two sides of the character". (more...)
Mega Millions lottery sales resume in IL Mega Millions lottery sales resume in IL
- July 09, 2017

Now that IL has passed a budget plan for the first time since 2015, both the Mega Millions and Powerball lotteries are back open in the state. Earlier in June, the Multi-State Lottery Association announced it was dropping Powerball in IL. (more...)
JP Morgan Chase & Co (NYSE:JPM) Stake Lowered by Washington Trust Bank
- July 09, 2017

The Tennessee-based Delta Asset Management Llc Tn has invested 4.26% in the stock. Deutsche Bank AG (USA) (NYSE:DB) stock reached a 1-year peak price of $20.94. (NYSE:JPM). New England Private Wealth Ltd holds 1.24% or 41,320 shares. Jolley Asset Mngmt Limited Liability Corporation invested in 3.79% or 61,209 shares. (more...)
The US Is About To Test Its THAAD Missile Defense System The US Is About To Test Its THAAD Missile Defense System
- July 09, 2017

The agency's spokesperson Chris Johnson reportedly confirmed that the testing for the THAAD weapon system will be conducted at the Pacific Spaceport Complex located in Kodiak, Alaska. Beijing had been pressuring Seoul, which is hosting the system , by banning #South Korean artists, movies and TV shows in China. North Korea's state media said the missile reached an altitude of 2,802 km (1,741 miles), and some Western experts said that meant it might have a range of more than 8,000 ... (more...)
G20 Summit: Narendra Modi emphasises on facilitating technology, investments to Africa G20 Summit: Narendra Modi emphasises on facilitating technology, investments to Africa
- July 09, 2017

On Friday, the first day of the summit, Prime Minister Narendra Modi met top leaders of the world- including U.S. President Donald Trump , his Russian counterpart, Vladimir Putin, and also with Chinese President Xi Jinping. Leaders at the Group of Twenty (G20) summit in Germany jointly issued a statement on Friday in which they vowed to put an end to terrorism, especially by cutting financing to terror groups. (more...)
Today's Brokerage Rating: Diebold Nixdorf, Incorporated (DBD), O'Reilly Automotive, Inc. (ORLY) Today's Brokerage Rating: Diebold Nixdorf, Incorporated (DBD), O'Reilly Automotive, Inc. (ORLY)
- July 09, 2017

Dimensional Fund Advisors added additional shares of Diebold , by 3.7% in the Q4. The fund bought 59,349 shares of the technology company's stock, valued at approximately $1,840,000. According to Yahoo Finance, The Dividend Date for Diebold Nixdorf Inc is Jun 9, 2017 and its Ex-Dividend Date is May 17, 2017. Diebold , 's dividend payout ratio (DPR) is -11.17%. (more...)
IShares Select Dividend ETF (DVY) Declares Dividend Increase - $0.73 Per Share IShares Select Dividend ETF (DVY) Declares Dividend Increase - $0.73 Per Share
- July 09, 2017

We also note that iShares , Inc. - iShares MSCI Singapore Capped ETF (ARCA:EWS) has a Shareholder Yield of 0.031010 and a Shareholder Yield (Mebane Faber) of 0.07115. If the ratio is less than 1, then we can determine that there has been a decrease in price. Looking at some alternate time periods, the 12 month price index is 1.18050, the 24 month is 1.04032, and the 36 month is 0.95149. (more...)
New govt directive to end practice of dual MRP from Jan 1 New govt directive to end practice of dual MRP from Jan 1
- July 09, 2017

The Centre on Friday amended consumer protection laws to ensure you are not shortchanged of the benefits manufacturers earn under GST . On Thursday, The Pioneer also carried an exclusive report how consumers are trapped by traders with their revised new rates on commodities, especially hospitality industry. (more...)