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United States imposes sanctions on North Korean banks, executives

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China's fuel exports to North Korea fell in August, along with iron ore imports from the isolated nation, as trade slowed after the latest UN sanctions, but coal shipments resumed after a five-month hiatus, customs data showed on Tuesday. All property and interest of the designated companies and individuals in the USA are blocked by the sanctions, effectively freezing them out of much of the global financial system. Read More »

Robert W. Baird Releases a Hold Rating on Red Hat

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On a similar note, analysts expect EPS of $0.47 in August 2017 quarter and $0.49 in November 2017 quarter, representing 27.03% and 16.67% growth, respectively. Exxonmobil Invest Mgmt Inc Tx invested 0.08% of its portfolio in Red Hat Inc (NYSE: RHT ). If you are viewing this report on another publication, it was copied illegally and reposted in violation of worldwide copyright & trademark legislation. Read More »

Uber threatens to leave Quebec, says ride-sharing rules onerous

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Last week, Quebec renewed the project for another year, but with stricter requirements. In May, the European Union's top court had said Uber provides a transport service and must be licensed. He highlighted that the majority of Uber's drivers are part-time, and pointed out that many other part-time side gigs like AirBnb don't require any training. Read More »

Near-term bias for crude oil remains positive

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Furthermore, oil prices have gained over 30% since June as global inventories have tightened following expanding demand from industrialised countries as well as emerging markets for the first time in almost a decade. Intensive refining activity over the next few months as refiners try to stabilise and rebuild fuel stocks should ensure strong demand for crude. It said to be confident the oil market is moving in the right direction. Read More »

Siemens, Alstom Are Said to Finalize Rail Combination Deal (2)

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Shares in both companies have been volatile in anticipation of a deal. Siemens shares were up 0.4 percent by 1026 GMT on Monday, while Alstom shares were up 0.7 percent. Bay said on Twitter. The proposed tie-up of the two engineering giants would create a kind of Airbus of the railways, analysts say. Le Monde earlier on Friday reported that Siemens' rail and signaling assets would be valued at about 7 billion euros (US$8.37 billion) and Alstom would issue new shares to Siemens as part of ... Read More »

Dubai Conducts Flying Taxi Test Flight

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Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, who attended the maiden concept flight on Monday at a location near the Jumeirah Beach Park, specifically noted that the flight of the AAT vehicle comes "after the remarkable success of the first driverless metro in the region". Read More »

Comparison site investigated over home insurance price concerns

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The UK's competition watchdog has opened a probe into a price comparison website that it suspects has been hiking home insurance prices, as it announced the conclusions of a year-long investigation into the sector. Andrea Coscelli, CMA chief executive, said that despite 90 per cent of people were satisfied with the online comparison sites they used, more improvements were needed to help people get better deals. Read More »

Dyson to Spend £1 Billion Making 'Radical' Electric Car

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Dyson has expressed concerns with diesel pollution and believes that electric cars are the best way forward . Dyson first dove into the automotive industry in March 1990, when it began work on a cyclone-style filter that could trap diesel exhaust particulates. Read More »

Lexington Realty Trust Stock Sees The Needle Move 0.80%

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The Aqr Capital Management Llc holds 307,288 shares with $7.98 million value, down from 365,845 last quarter. Schlumberger now has $95.26B valuation. Chartwell Investment Partners, LLC augmented its position by buying 5,000 shares an increase of 2.7% as of 06/30/2017. Read More »

Quarterly Earnings Forecast Overview: Ford Motor Company (F)

The firm has "Hold" rating by HSBC given on Tuesday, December 1. About 30.20M shares traded. General Motors Company (NYSE:GM) closed its last session at $40.3. RBC Capital Markets maintained the stock with "Sector Perform" rating in Friday, July 24 report. Finally, Berenberg Bank set a $29.00 price target on shares of General Motors Company and gave the stock a "sell" rating in a report on Monday, March 6th. Read More »

ADB lowers GDP forecast to 7 per cent

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Southeast Asia as a whole is expected to grow 5 percent in 2017 and 5.1 percent in 2018. Sawada said developing Asia should take advantage of favourable short-term economic prospects to invest in infrastructure, improve productivity and maintain sound economic policies to lift long-term growth. Read More »

Lesedi La Rona recovered by Lucara Diamonds sold for US$53 million

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Bloomberg reports that the Lucara Diamond Corp, which unearthed the stone, issued a statement on Monday announcing that Graff paid $53 million for the rough, or $47,777 a carat, which looks like a good deal for the London diamantaire. The diamond named Lesedi La Rona measured 1,111ct when it was recovered from Lucara's Karowe mine in Botswana in November 2015, and is now 1,109ct. Read More »

USA stocks recover while Asian markets remain down

Gold fell 0.1 per cent to US$1,308.96 an ounce, after rising 1 per cent on Monday. Federal Reserve Chair Janet Yellen is scheduled to speak later on Tuesday on "Prospects for Growth: Reassessing the Fundamentals". The euro and European government bond yields slipped on Monday after the bloc's most powerful leader, German Chancellor Angela Merkel, won a fourth term but faced a fractured parliament as support for the far right surged. Read More »

A Look into SPDR S&P Software & Services ETF (XSW)'s Recent Activity

More notable recent Spdr Series Trust (NYSEARCA:IPE) news were published by: Nasdaq.com which released: "Assetmark, Inc Buys SPDR Bloomberg Barclays Convertible Securities, iShares ..." on September 15, 2017, also Gurufocus.com with their article: "Lido Advisors, LLC Buys Scripps Networks Interactive Inc, iShares MSCI EAFE ..." published on September 21, 2017, Seekingalpha.com published: "Using Systemic Risk To Beat The Market" on September 18, 2017. Read More »

Sensex ends 295 points lower; Nifty settles at 9873-level

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The Nifty was also trading little changed at 9,869.35 points, down 3.25 points or 0.03 per cent lower on its previous close at 9,872.60 points. Both the key indices closed at their lowest closing since August 29. If this package is targeted toward productive avenues such as re-kindling PSU bank credit or job creation opportunities, then the markets view would be positive", he said. Read More »

Facebook Now Tracks Users' Store Visits to Drive Ads

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However the site reportedly struggled to find clear evidence of Russian manipulation, and Obama met Zuckerberg at a global forum for world leaders in Lima, Peru, in November warning the Facebook chief that the problem would worsen in years to come. Read More »

ED Attaches Karti Chidambaram's Assets in Aircel-Maxis Deal Case

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He said, "I have read the Press Note released by the Enforcement Directorate ". Earlier in September, P Chidambaram defended his son Karti in Aircel-Maxis case, saying that the CBI must question him and not harass his son. Chidambaram also added that 'suitable action in accordance with the law shall be taken once the order is served'. On September 22, the CBI had claimed in the Supreme Court that a lookout notice was issued against Karti Chidambaram to prevent him from travelling overseas ... Read More »

The Steelers Stayed in Their Locker Room During the National Anthem

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The conflict peaked Sunday with Trump's remarks, which had the effect of uniting a newly minted opposition coalition that included a growing number of players and coaches, as well as some owners who have backed the president. We will not stand for the injustice that has plagued people of colour in this country. Trump then doubled down on his comments on Sunday morning, saying on Twitter that players who don't "stop disrespecting our flag and country" should be fired or suspended. Read More »

Cleveland Cavaliers appear to be frontrunner to land Dwyane Wade

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Trump called for the National Football League to "fire or suspend" those who kneel during "The Star-Spangled Banner". And while James hasn't considered taking a knee when the NBA's regular season starts up again in a couple of weeks, he said he will continue to speak out and educate the people of Ohio. Read More »

BOE warns about growth of United Kingdom consumer credit

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This is not seen as a material risk to economic growth as consumer credit represents only 11% of overall household debt. Focusing on data sharing between Britain and the European Union after Brexit, the FPC said in a statement on September 20: "Firms also lack robust contingency plans to mitigate risks to financial service provision from possible barriers to the flow of personal data between the United Kingdom and EU27". Read More »

Uber making aggressive threats over TfL licence decision, says London Mayor

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The chief executive of Uber apologised Monday for "mistakes" made by the U.S. ride-sharing app after London authorities refused to renew its licence, but still vowed to appeal the decision. Earlier, Khan had accused Uber of adopting an aggressing stance and putting "unfair pressure" on TfL. Uber's new CEO has apologized for the mistakes they have made in London. Read More »

PM Modi launches 'Saubhagya - Electricity for All' scheme worth over 16000 crore

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He said the connections will be delivered at the doorsteps of the rural poor. Prime Minister Narendra Modi on Monday launched the Pradhan Mantri Sahaj Bijli Har Ghar Yojana, or Saubhagya, at New Delhi . The scheme, which will provide access to electricity to all willing households, will act as a substitute of kerosene as fuel. Adding that 3,000 villages remain unelectrified from 18,000 villages that were without power three years back, PM Modi said that India is moving towards becoming ... Read More »

Will gas prices get back to pre-Harvey levels?

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North Miami-Dade offered the best prices, with $2.63 per gallon spotted at a Valero on Miami Avenue. Gas prices in Lancaster County fell again this past week, erasing more of the surge triggered by Hurricane Harvey, a new survey shows. AAA Michigan says gas prices statewide have fallen by about 12 cents per gallon in the past week. According to GasBuddy .com, gas is selling the cheapest today at USA Fuels on 23rd Street, where regular gas is priced at $2.36 per gallon. Read More »

Angela Merkel wins fourth term as German chancellor

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According to the first projections by the ARD TV network shortly after polls closed at 6 p.m., Merkel's Christian Democrats came in first with 32.7% of the vote, down sharply from 41.5% in the last election in 2013. "Let's not beat around the bush, of course we would have preferred a better result , that's completely clear", Merkel said after the announcement of the exit polls. Read More »

Swiss engineer ABB snaps up GE industrial solutions business for $2.6bn

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ABB said on Monday that it had agreed a $2.6bn takeover of GE's industrial solutions business, which is based in Atlanta and employs about 13,500 people globally. But the stock market still like the deal, pushing up its shares 0.6% on the perception that it had got a bargain. "The key rationale of the integration is, first we will make this business better". Read More »