ECONOMIA

Trump expected to pick Puzder for Labor

CKE Restaurants CEO Andy Puzder speaks at a news conference on August 6, 2014, in Austin, Texas. Puzder supported Trump during the election and argued against increased regulations on businesses, including increasing the federal minimum wage and the expansion of overtime pay. Continua a leggere...

Euro drops as European Central Bank extends bond purchase timeline

European stocks advanced, led by banks as investors reacted positively to the European Central Bank's decision to extend the length of its asset purchase programme longer than expected. US government bond prices also fell. Italian and Spanish bonds saw their 10-year yields jump 13 to 14 basis points before cutting the losses by around a half as the European Central Bank announced a number of twe... Continua a leggere...

OPEC Focuses on Shrinking Stockpiles to Pave the Way for $60 Oil

With cuts being implemented next year only against end-2016 levels, analysts said there was still a possibility that oversupply, which has halved oil prices since 2014, remains a factor next year. Effective Jan. 1, the group will produce 32.5 million barrels per day. Crude oil extended gains Thursday, with benchmark Brent futures reaching their highest level in more than a year in the wake o... Continua a leggere...

West Bengal Governor cautions Mamata Banerjee, says "don't defame Army"

West Bengal Governor cautions Mamata Banerjee, says Speaking at Nabanna, Mamata said, "I will stay at the secretariat to guard our democracy". "Governor is speaking in the voice of Central Government!" Raising the issue, Leader of Opposition in the Rajya Sabha Ghulam Nabi Azad sought a clarification from the Centre and asked as to why the state's rights are being impinged on. Continua a leggere...

Dow Jumps 298 Points, Hits New High as Trump Rally Resumes

Dow Jumps 298 Points, Hits New High as Trump Rally Resumes In Asia, stock markets were mixed on Friday in morning session, despite the post-election rally in USA stocks, as South Korean shares fell amid political turmoil. The Nasdaq is up 161.70 points, or 3.1 percent. The blue-chip index has crept to new records in the past few weeks as investors bet that Trump's Cabinet picks would herald Wall Street-friendly moves. Continua a leggere...

Kanye West and Kim Kardashian 'living apart', report claims

Dr. Michael Farzam was calm and collected as he spoke to a 911 dispatcher in late November from inside Kanye West's home. Kardashian "is very anxious about the kids being around Kanye", the source alleged. Kanye's behavior had become increasingly erratic over the past few weeks with sources claiming he had become "unbearable" to be around. But Kanye's breaking point came with Donda's memori... Continua a leggere...

Asian stocks mostly higher on record Dow, telecom news

Asian stocks mostly higher on record Dow, telecom news The Trump Rally has legs, one month after the election: The Dow and other key stock indices closed at record levels Wednesday, but tech companies remain excluded from Wall Street's festivities. And although a comparable index from US purchasing managers declined slightly last month to 54.6 from 54.8 in October, it is still at its highest level in eleven months. Continua a leggere...

Carrier to ultimately cut some of jobs Trump saved

Trump disparaged Jones via social media Wednesday, tweeting that he had "done a awful job representing workers" and adding, "If United Steelworkers 1999 was any good, they would have kept those jobs in IN". "I'm not a macho man, but I'm just used to it", Jones added. That's still a good number, but after Trump slammed United Steelworkers Local 1999 President Chuck Jones on Twitter, the local u... Continua a leggere...

Cowen: Adobe Is a 'Top Idea for 2017' (ADBE)

Cowen: Adobe Is a 'Top Idea for 2017' (ADBE) The company has a market cap of $50.38B and now has 496.13M shares outstanding. GaveKal Capital LLC's holdings in Adobe Systems were worth $9,557,000 as of its most recent SEC filing. Analysts' mean recommendation for Adobe Systems Incorporated's (ADBE ) stands at 1.90. In the same quarter previous year, the company reported EPS of $0.92. Continua a leggere...

Playtech PLC (PTEC) Stock Rating Reaffirmed by Canaccord Genuity

Playtech PLC (PTEC) Stock Rating Reaffirmed by Canaccord Genuity Numis Securities Ltd reaffirmed a "buy" rating on shares of Playtech PLC in a report on Tuesday, September 6th. JPMorgan Chase & Co. increased their target price on Dcc Plc from GBX 6,744 ($83.54) to GBX 7,843 ($97.15) and gave the company an "overweight" rating in a report on Monday, September 5th. Continua a leggere...

China consumer prices rise in November slightly above market expectations

China consumer prices rise in November slightly above market expectations The producer price index (PPI) had been expected to rise 2.2 percent on-year, compared with the previous month's rise of 1.2 percent. Non-food prices gained 1.8%, which is the biggest increase since January 2014, while the services industry rose 2.4%, pointing to higher prices for consumers. Continua a leggere...

Japanese firm plucks fruit giant Fyffes in £638m deal

Japanese firm plucks fruit giant Fyffes in £638m deal The Irish firm has recommended the deal to shareholders and said 27% had backed it. Sumitomo is one of the largest fruit companies in Japan, supplying one in three bananas sold in the country. In September, Fyffes itself snapped up Canada's All Seasons Mushrooms in a €41m deal, its second such acquisition in six months. "We have significant experience in the produce sector and look forward to wo... Continua a leggere...

ECB says stimulus extension to support economy

For example, German Bundes bank holds 18 percent of the total capital at the ECB, Banque de France's share is 14.2 percent. But in another small victory for conservative euro zone members, the ECB decided not to allow bond purchases to deviate from countries' shareholding in the bank, an issue considered a red line for Germany's Bundesbank. Continua a leggere...

Parisians grapple with worst winter pollution in a decade

Parisians grapple with worst winter pollution in a decade As elsewhere, weather conditions - a lack of wind combined with cold air sitting under a warmer layer - are trapping pollutants. Only cars with license plates that end in odd numbers, electric or hybrid vehicles, and vehicles with more than three people on board were allowed to drive Wednesday. Continua a leggere...

ECB under pressure to extend stimulus amid uncertainties

Even if numerous ECB's fresh economic forecasts will be broadly unchanged from three months ago, the projection for underlying inflation is likely to be cut, a sign that the rise in inflation may be temporary. It left at zero its refinancing rate, at which it lends money to commercial banks, and minus 0.4% on deposits it takes from banks. The index's banks are among the stronger gainers with Soc... Continua a leggere...

Note ban impact on GDP growth only 15 bps: RBI

But the RBI, fearing a destabilizing impact on debt markets, had ordered banks to place all of those deposits under the central bank's cash reserve ratio (CRR). Announcing the fifth bi-monthly policy statement, RBI governor Urjit Patel who heads the MPC said it is "prudent to wait and watch" how factors like demonitisation and the downward inflexibility of inflation excluding food and fuel, besi... Continua a leggere...

2nd officer shot in Georgia dies after suspect found dead

Officers are continuing their search for Minquell Lembrick, the man accused of shooting and killing Americus Police officer Nicolas Smarr and critically injuring Georgia Southwestern State University public safety officer Jody Smith. The APD officer responded to the call. UPDATE: Following a 27-hour manhunt, Americus Police chief Mark Scott said Minquell Kennedy Lembrick, 32, was found dead wi... Continua a leggere...

Stay or go? Tribe gives conflicting messages to protest camp

Stay or go? Tribe gives conflicting messages to protest camp WIKWEMIKONG-This past week saw plenty of action on the Standing Rock front, with an information session at the arena in Wikwemikong and an information picket slowing traffic travelling through Whitefish River First Nation on Saturday afternoon following a grandmother pipe ceremony in the community centre. Continua a leggere...

ECB adds half a trillion euros in stimulus

The central bank is now purchasing €80 billion worth of bonds per month and it is widely expected that over the next meetings, the central bank would announce an extension to the program. Italian Prime Minister Matteo Renzi's resignation following a crushing referendum defeat is the latest example, with focus turning to elections in France and Germany. Continua a leggere...

Crude Oil Prices Soothe after Two Straight Sessions of Losses

Crude Oil Prices Soothe after Two Straight Sessions of Losses US benchmark West Texas Intermediate crude oil prices edged up 29 cents, or 0.58 percent to $50.06 a barrel. However, traders strongly believe that USA crude oil inventories and supplies could expand significantly in the coming days, thanks to a recent rally in oil prices after the production cut deal. Continua a leggere...


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