Stories about Finance

Jun 17 2017

European Union strikes deal on €8.5bn bailout loan for Greece

Macron wants to work with Germany to strengthen the 18-year-old common currency, which was almost wrecked by the sovereign debt crisis. "It's a very constructive decision...

Jun 17 2017

Uber CEO Travis Kalanick announces leave of absence

Kalanick, in an email to his staff wrote on Tuesday: "I need to take some time off of the day-to-day to grieve my mother, whom I buried on Friday, to reflect, to work on ...

Jun 17 2017

General Electric names Immelt replacement

At the center of GE Digital is the company's Predix cloud, which is designed specifically for industrial data and analytics as a Platform-as-a-Service, enabling operators...

Jun 17 2017

Two workers killed in blast at Ordnance Factory

During the shifting, the military explosives went off and left two of the workers identified as Ashok Kashinath (52) and Maria Rock (48) dead. The reproduction of the s...

Jun 17 2017

Brexit talks to start Monday

But he added that if the changed political make up of the UK Parliament meant that a softer Brexit was a possibility, the UK needed to understand there were some princi...

Jun 17 2017

Trump rolls back parts some of Obama's Cuba policy

But Trump left in place many of Obama's changes, including the reopened United States embassy in Havana , even as he sought to show he was making good on a campaign pr...

Jun 17 2017

White House Previews Trump's Overhaul Of Cuba Policies

While not a full reversal of Obama's historic Cuba rapprochement, Trump's recast USA policy hews closer to the hard line espoused by Cuban-American Republicans who deri...

Jun 17 2017

Putin mocks Comey, says he is welcome to seek asylum in Russian Federation

Putin then asked if there was any distinction between Comey and the American whistleblower Edward Snowden , who was granted asylum in Russian Federation in 2013 after le...

Jun 17 2017

Casino gunman identified as problem gambler

At least 37 patrons and employees died, mostly due to smoke inhalation while they tried to hide on the second floor of the casino, Albayalde said. The Islamic State ter...

Jun 17 2017

Trump Right To Make Cuba Pay For Its Intransigence

Senator Jeff Flake, a Republican lawmaker from Arizona, said in a statement that any policy change that diminishes the ability of Americans to travel freely to Cuba "is...

Jun 17 2017

US interest rates up for second time this year

In their quarterly projections, Fed officials saw the economy growing slightly faster than previously forecast, with GDP up 2.2 per cent this year, a tenth of a perce...

Jun 17 2017

US Fed raises rates, provokes caution in Indian markets

In Wednesday's poll, only six of 21 primary dealers expected a rate hike in September, compared with 10 of 18 dealers in the June 2 poll. The vote in favor of the hik...

Jun 17 2017

Pakistan ready to shock India in Champions Trophy final

This will be the fifth time these sides will have faced off in the Champions Trophy; the record is now balanced with two victories apiece. Some teams might not have t...

Jun 17 2017

Top Three Miss Cut At US Open As Four Others Share Lead

Moments later, he began a run of five straight birdies that put him right where he wanted to be going into the weekend. Fowler started on No. 1 made the turn at 2 under a...

Jun 17 2017

Gemfields PLC (GEM) Given Corporate Rating at FinnCap

Therefore 35% are positive. Weir Group PLC had 203 analyst reports since July 30, 2015 according to SRatingsIntel. Shares of Renewi PLC ( LON RWI ) opened at 91.25 on T...

Jun 17 2017

(JPM) EPS Estimated At $1.63

It has outperformed by 17.04% the S&P500. Cypress Capital Management Llc increased Jp Morgan Chase & Company (JPM) stake by 132.09% reported in 2016Q4 SEC filing. Stepa...

Jun 17 2017

Oil prices decline as doubts grow over OPEC's supply cuts

The U.S. oil boom will keep piling on the pain for OPEC well into next year. Meanwhile, gasoline stockpiles rose unexpectedly, compounding concerns about low demand f...

Jun 17 2017

Fed should be cautious on further rate hikes, Kaplan says

The fall in bond yields, both in the USA and India suggests that traders are seeing slower rate hikes (in the case of the US) and rate cuts (in the case of India). Th...

Jun 17 2017

Congressman in critical condition after being shot during baseball practice

Congressman Steve Scalise and a lobbyist remain in critical condition after being shot during a Republican congressional baseball practice on Wednesday. "I've gotten t...

Jun 17 2017

German parliament must decide if Greek deal a fundamental change - Schaeuble

Further breaking down the tranche that is to be disbursed as soon as national parliaments complete their procedures and the International Monetary Fund board givers the...