Stories about Finance

Jun 19 2017

Doubts cast over Fed ability to raise rates again in 2017

On Wednesday, the US Federal Reserve announced a small increase to its key interest rate of 0.25 percent, which raised the central bank's key target rate to a range o...

Jun 19 2017

Macron kicks off Paris Air Show with airborne entrance

Single-aisle planes for short and medium distances are the hottest ticket in the world's civil aviation industry, with airline demand for models in the Airbus A320 family...

Jun 19 2017

Finally, Britain kicks off Brexit negotiations with EU

Almost a year to the day since Britons shocked themselves and their neighbours by voting on June 23 to cut loose from their main trading partner, and nearly three months ...

Jun 19 2017

Rep. Steve Scalise's condition is upgraded to serious from critical

The person says investigators aren't sure of the significance of the names and it's not clear whether this was a list of people the attacker was targeting. The hospital n...

Jun 19 2017

Theresa May takes cover from crowds on Grenfell Tower visit

Who is now at the Westway centre? "We don't want to hear what she has to say if she doesn't want to speak to us". She wanted an entirely controlled situation in which...

Jun 19 2017

London vehicle hits pedestrians, police say 'number of casualties'

Prime Minister Theresa May said it was a "terrible incident", adding: "All my thoughts are with those who have been injured, their loved ones, and the emergency service...

Jun 19 2017

ECB's Draghi Upgrades Outlook On Risks To 'Broadly Balanced'

Nonetheless, the ECB President, Mario-Draghi made clear Frankfurt will maintain interest rate policy in a quantitative easing mode, with ultra-low interest rates. The s...

Jun 19 2017

Despite Trump's withdrawal Hawaii Governor signs laws aligning state with Paris Agreement

The Paleontological Research Institution expresses its strongest possible disagreement with President Trump's recent announcement that the United States will withdraw f...

Jun 19 2017

Council says van struck people leaving mosque

Mohammed Shafiq of the Ramadhan Foundation, a Muslim organisation which speaks out against extremism, said: "I utterly condemn the senseless and evil van attack against M...

Jun 19 2017

Winners in the Amazon-Whole Foods Deal

The aquisition of the high-end, elite grocery store chain specializing in organic food, with 456 locations, will allow Amazon to integrate brick-and-mortar retail into ...

Jun 19 2017

Fears of resident in tower block refurbished by Grenfell cladding contractor

John Cowley, managing director of CEP Architectural Facades, which produced rainscreen panels and windows for Grenfell Tower's cladding sub-contractor Harley Facades Lt...

Jun 19 2017

Gold Plunges To 7-Month Low On Robust US Supplies

Oil prices have been under pressure in recent weeks as concern over rising US shale output offset production cuts by OPEC and non-OPEC members. Gasoline stocks rose 2....

Jun 19 2017

Oil Holds Losses Below $45 on Surprise US Gasoline Supply Gain

U.S. West Texas Intermediate crude futures fell almost 4 percent, plunging to a five-week low below $45 a barrel, following the report . Top producer Russian Federat...

Jun 19 2017

DUP hoping to conclude deal with May as soon as possible

Founded in 1971, the Belfast-based DUP has always been a strong advocate of Northern Ireland remaining part of the UK. "We would restore faith in politics if we cou...

Jun 19 2017

South Korea to scrap building new nuclear power plants

South Korea's new President Moon Jae-In vowed today to scrap all plans to build new nuclear reactors as he seeks to steer Asia's fourth-largest economy clear of atomic po...

Jun 19 2017

Judge Finds Defendant Guilty; Manslaughter Law Extending to New Grounds?

In another text, she said: "If you want it as bad as you say you do, it's time to do it today". That remarkable ruling will likely be tested before a court of appea...

Jun 19 2017

Video review causing confusion for FIFA in World Cup trials

We played without confidence, couldn't connect two or three passes. His 30-metre strike bounced off the bar and Nani hammered the ball home but the referees disallowe...

Jun 19 2017

UK: London tower may have used banned siding in renovation

The five million pounds are to be used to cover emergency supplies, funeral costs and loss of possessions, Efe news reported . Earlier, dozens of people stormed the to...

Jun 19 2017

Armed jihadists attacked a luxury resort in Mali

The interior ministry said that one of the victims was a dual French-Gabonese citizen but the identity of the other person killed was not immediately known. Both were kil...

Jun 19 2017

Trump Confirms He's Under Investigation, Blames Unnamed Person

Reports this week confirmed that special counsel Robert Mueller is examining whether the President obstructed justice by firing Comey last month amid the ongoing Ru...