Money

by | May 15, 2017 | 12:07

The rebranding strategy in BHP's "Think Big" campaign features a bold uppercase logo replacing the lowercase BHP Billiton insignia introduced with the Billiton merger in 2001. BHP, which has operations in 25 countries, will retain its dual listings in Australia and London. An image from BHP's campaign. "This has been in the works for many months", Mr Healy said.

by | May 15, 2017 | 11:59

Vodacom's interest in Safaricom proportionally equates to approximately 12.6% of the Group's reported service revenue as announced in its latest year-end results. The transaction provides a large level of diversification in a single transaction and Safaricom is highly complementary to Vodacom Group's existing footprint.

by | May 15, 2017 | 11:44

OBOR, Chinese President Xi Jinping's dream project , envisages connecting Asia, Europe, and Africa by a network of roads, railway tracks, and shipping lanes. "Russia believes that the future of the Eurasian partnership is not just about fostering ties between a few countries and economies", said Putin. No major Western leaders are attending, although senior finance officials from Britain, France and Germany attended.

by | May 15, 2017 | 11:28

The Japanese and South Korean leaders agreed to meet with each other as soon as possible. I will go to Beijing and Tokyo. Beijing sees the US Terminal High Altitude Area Defense (THAAD) system, newly installed in the South meant to guard against threats from the North, as a threat to its own military capabilities and has slapped a series of measures against South Korean businesses seen as economic retaliation.

by | May 15, 2017 | 11:04

Oil prices shot up over 3% overnight after data from the Energy Information Administration showed USA crude stockpiles dropped 5.2 million barrels in the week ended May 5, far exceeding market expectations. Reuters reported on Tuesday that state-owned Saudi Aramco will reduce oil supplies to Asian customers by about 7 million barrels in June. Prices surged immediately after the agreement, but have come under sustained pressure in recent weeks as USA production has ramped up and pushed ...

by | May 15, 2017 | 11:01

Analysts at HSBC argued in a note last week that M&A "makes tremendous sense" for Coach group. Here's what they had to say. Coach shares closed with a gain of 0.21 percent on Friday. Levitt also anticipated the benefit of Coach's guidance. The deal has been approved by both companies, with both seeing shares rise on the announcement.

by | May 15, 2017 | 10:58

We have all the ingredients for a good trade deal with a market that is absolutely seeking the kind of high-quality beef the USA has to offer. "Following one more round of technical consultations between the United States and China , China is to allow imports of US beef on conditions consistent with worldwide food safety and animal health standards and consistent with the 1999 Agricultural Cooperation Agreement, beginning as soon as possible but no later than July 16, 2017", said the ...

by | May 15, 2017 | 10:53

Sinclair Broadcast Group said on Monday that it has agreed to buy Tribune Media for about $3.9 billion. Tribune's portfolio would help expand Sinclair's already vast network of 173 stations in 81 US markets and marks the largest acquisition for the Baltimore-based company.

by | May 15, 2017 | 10:34

A cornerstone of the Saudi promise to rebalance the market would be to extend, potentially into 2018, a pledge led by the Petroleum Exporting Countries (OPEC) and other producers including Russian Federation to cut output by nearly 1.8 million barrels per day (bpd) during the first half of the year.

by | May 15, 2017 | 09:50

Non-OPEC nations pump about 60 percent of the world's oil. Oil prices rose on Thursday, and Brent was firmly back over $50 per barrel, as a fall in US crude inventories and a more severe than expected cut in Saudi supplies to Asia tightened the market.

by | May 15, 2017 | 09:24

Martinez hasn't played yet this season after spraining his foot in spring training. "I know I didn't execute that pitch", Norris said. Verlander has allowed just five earned runs in his last 20 innings and has a.181 batting average against this current Angels team in 149 at bats.

by | May 15, 2017 | 09:15

The result, if confirmed, would be a resounding confirmation for Merkel as she seeks re-election, and boost her standing before a series of worldwide summits starting this month, including meetings with U.S. "This is a hard day for the Social Democrats, a hard day for me personally as well", Mr Schulz told reporters in Berlin . It is also the home state of Martin Schulz, the Social Democratic challenger seeking to deny Merkel a fourth term in the September 24 national election.

by | May 15, 2017 | 08:59

OPEC is likely to extend the 1.2 million barrel-a-day cut agreed to in November for six months, according to Nigerian Oil Minister Emmanuel Ibe Kachikwu. Data released on Tuesday indicated USA crude stocks fell 930,000 barrels last week. These large drops put crude back to levels last seen before the Organization of the Petroleum Exporting Countries (OPEC) and other producers including Russian Federation said they would cut output by nearly 1.8 million barrels per day (bpd) during the ...

by | May 15, 2017 | 08:41

Comey has kept a low profile since being fired on Tuesday evening, but some of his friends and associates have talked to reporters. And of course, if Trump is lying about the assurances from Comey, it remains possible that he was under investigation as he pressed the FBI director for information.

by | May 15, 2017 | 08:33

Snap (NYSE:SNAP) traded down 21.45% during midday trading on Thursday, reaching $18.05. However, it is low compared to the $1.05 revenue from each user in the fourth quarter (Q4) of 2016. They included new products such as Stories, Memories, Lenses and, most recently, Spectacles, camera-equipped sunglasses that allow users to more easily capture and share 10-second snaps.

by | May 15, 2017 | 08:26

Sources said that Fairfax's board had not nominated a price it considered acceptable for the whole company, but insiders suggest a bid of A$1.20 a share was not far from the mark. Fairfax New Zealand would be bought by Australian private equity fund TPG Capital and Canada's Ontario Teachers' Pension Plan Board under a revised takeover offer for Fairfax.

by | May 15, 2017 | 08:21

But Mr Carney stressed the forecasts were based in part on "the adjustment to the UK's relationship with the European Union being smooth", with expectations the Government will introduce a transition period to avoid a cliff-edge departure from the single market.

by | May 15, 2017 | 07:57

SpaceX , the aerospace company founded by Elon Musk, launched a Falcon 9 rocket from NASA's Kennedy Space Center Monday, breaking up the Lockheed Martin (NYSE:LMT)-Boeing (NYSE:BA) stronghold on US military contracts. Landing, refurbishing and reusing rockets is key to the company's vision of making space travel increasingly affordable. "Tough call, as high altitude wind shear was at 98.6 percent of the theoretical load limit".

by | May 15, 2017 | 07:47

The governor's wife, who made several off camera visits to see the first set of 21 girls, is expected to step up visits as the 82 girls undergo rehabilitation. They have been in government care for medical attention, trauma counseling and rehabilitation. Tuesday. May 9, 2017. The first was the release of 21 girls last October, which he said was created to "build confidence on both sides".

by | May 15, 2017 | 03:04

As the massive WannaCry ransomware attack spread to over 100 countries, French automaker, Renault has halted production in several of its factories on Saturday, according to the firm's spokesperson. "Our teams are working to resolve the issue", a spokesman told AN. A spokesman for Renault said that proactive measures have now been put in place, so here's hoping that included a basic Windows update that IT should've been on two months ago.

by | May 15, 2017 | 03:04

Two Port Authority employees (left) were called to force the family off the flight. Burke's mother in law picked up the baggage in Vegas, Burke said. The family arranged for Cameron's mother-in-law to take their luggage. "They're confused not knowing what's going on - they were traumatized", Minta Burke told ABC 7 . JetBlue claims the visual evidence that's emerged doesn't tell the full story.

by | May 15, 2017 | 02:43

Jefferies Group LLC reaffirmed a "buy" rating and set a $45.00 price target on shares of Synchrony Financial in a research note on Tuesday, February 14th. In related news, insider David P. Melito sold 748 shares of the stock in a transaction on Wednesday, April 5th. The stock stands 3.57% above the average-price of 50 days and 3.68% compared with the SMA 20.

by | May 15, 2017 | 02:37

Trump fired Comey on Wednesday, setting off a slew of speculation and leaks over why the former Federal Bureau of Investigation director - who had been disliked on both sides of the aisle - was sacked. And when the investigation appeared to be expanding, Trump fired Comey , he noted. Senate Democratic Leader Chuck Schumer said his caucus has not yet made a decision on whether to withhold their votes, but added that the issue is being looked at as a way to ensure there is a thorough ...

by | May 15, 2017 | 02:21

If the North's latest missile launch is confirmed to be a success, Pyongyang is now equipped with a wide range of ballistic missiles that can target USA military installations in South Korea, Japan, Guam and potentially Hawaii, observers noted.

by | May 15, 2017 | 01:40

He warned the threat could escalate further and expressed concerns over possible attacks on Monday. "I'm anxious about how the numbers will continue to grow when people go to work and turn on their machines on Monday morning". But he also said he's concerned the authors of the malware could re-release it - perhaps in the next few days or weeks - without a kill switch or with a better one, or that copycats could mimic the attack.

by | May 14, 2017 | 12:16

Monetary policy committee (MPC) members voted 7-1 to hold rates at a record low of 0.25%, in a widely expected move. The Bank's forecasts are based on a "smooth" adjustment to a new trading relationship with the European Union after Brexit, the MPC said.

by | May 14, 2017 | 12:12

Many security professionals recommend paying the ransom in such cases as the fastest way to get the data back. "This is one of the largest global ransomware attacks the cyber community has ever seen", said Rich Barger, director of threat research with Splunk, one of the firms that linked WannaCry to the NSA.

by | May 14, 2017 | 12:01

Susquehanna Group Inc Limited Liability Partnership invested 0.03% in Oracle Corporation (NYSE: ORCL ). A number of other hedge funds and other institutional investors have also modified their holdings of ORCL . will post $2.63 EPS for the current fiscal year. The company also recently announced a quarterly dividend, which was paid on Wednesday, April 26th.

by | May 14, 2017 | 11:59

Hamilton is 13 points behind leader Vettel in the drivers' standings after he could only qualify fourth and then finish in that position at last weekend's Russian Grand Prix. He was the quickest Ferrari after the initial runs of Q3, too, but eventually finished 0.3s down on Lewis Hamilton's eventual pole position benchmark.

by | May 14, 2017 | 11:06

What exactly is Cinco de Mayo? The commercialization of Cinco de Mayo by alcohol companies began in the 1980s. "A lot of people from my state immigrate to the most important cities in the united states that is Los Angeles and NY, so the population of people from my state is very high in those places and they start celebrating the day of Cinco de Mayo ", Vazquez says.

by | May 14, 2017 | 11:07

Look, it may just be that the President is trolling the press corps and saying work yourself into a frenzy about this and turns out it nothing. And if the president himself goes silent, that would become a scandal in and of itself that would grow in intensity over time .

by | May 14, 2017 | 10:52

Belarus' NaviBand will represent the country in the Eurovision Grand Final as a result of yesterday's second semifinal. The analysis, carried out by the Press Association to mark the UK's 60th anniversary of participation in Eurovision , should give hope to this year's United Kingdom entrant Lucie Jones.

by | May 14, 2017 | 10:52

Eurovision fans: time to book your EasyJet flights to Lisbon for May 2018. Yet heightened security has seen officers patrolling with semi-automatic machine guns and camouflaged police vans on the streets. "Neither Russia nor Ukraine benefitted from this, nor the millions of Eurovision fans who live in Russia", he said. Russian Federation has vowed that Samoilova will compete in 2018, putting #Ukraine in a tricky dilemma over whether to participate alongside her.

by | May 14, 2017 | 10:50

Hundreds of volunteers and workers donning green vests will steer lost travelers to the appropriate terminals. Kind bars and Pressed Juicery mini juices will be at Terminals 2 , 3, 5 and 6 for all days of the move. The shuffle was prompted by Delta's move and that airline is picking up the costs. Volaris will continue to check in passengers at Terminal 2 , but stage its aircraft at the Tom Bradley International Terminal.

by | May 14, 2017 | 10:43

Senator Bernie Sanders said he would use President Donald Trump's own words against him to debate the GOP health care bill in the Senate after the president praised Australia's universal health care system Thursday. The US president had abruptly hung up the call with the Australian premier after merely 25 minutes, rather than an hour the call was supposed to last.