Stories about Finance

May 18 2017

Burberry profit falls 21 pct ahead of new CEO arrival

As well at the aforementioned £50m cost savings, Burberry plans to invest about £20m and will make around £40m of one-off restructuring costs. Analysts were expecting...

May 18 2017

Chinese state media says US should take some blame for cyberattack

The possible targets include Microsoft's Windows 10, which was unaffected by the initial attack and is on at least 500m devices around the world. It said that the USA had...

May 18 2017

Sydney bus drivers not at work despite strike being ruled illegal

The strike will affect bus services that run from the Leichhardt , Burwood , Kingsgrove and Tempe depots. The New South Wales divisional president of the Rail, T...

May 18 2017

Australia jobless rate dips to four-month low as full-time work falters

The wage price index, stripping bonuses, rose 0.5 percent sequentially and is up 1.9 percent year-on-year. He also pointed out that the 2016-17 federal budget looks to ...

May 18 2017

US stock futures, dollar fall on rising concerns on Trump

USA stock futures were down about 0.6%. "In almost any time but the present, this is the type of escalating scandal that would jolt financial markets". Comey". The do...

May 18 2017

White House offers muted response on Comey memo

Stock markets tumbled, the dollar's value sank and anxious Republicans wondered what else could go wrong Wednesday as President Donald Trump faced congressional inquiries...

May 18 2017

England's emergency units open 'as normal' again after cyber attack

It was restoring its advertising servers at dozens of theaters after the attack left the company unable to display trailers of upcoming movies. The police also strongly a...

May 18 2017

Taiwan Semiconductor Manufacturing Company Limited (TSM) Closed at $35.03

Ariel Capital Advisors LLC continued to hold its stake in Taiwan Semiconductor Mfg. The stock of Taiwan Semiconductor Mfg. Co. The Average Earnings Estimate for the Cur...

May 18 2017

Are you protected? How to avoid ransomware attacks

Last year, multiple medical facilities in the USA were targeted in different attacks, with some paying thousands of dollars to recover their files. The hackers here weren...

May 18 2017

Haley hits back at Putin, says North Korea intimidating entire world

In a Q&A on the website of the Bulletin of the Atomic Scientists, Stanford Professor Siegfried Hecker, an expert on plutonium science, said: "North Korea does not yet h...

May 18 2017

US Senate panel demands Comey's memos and Trump's tapes as controversy escalates

In the 1990s, Democrats insisted that independent counsel Kenneth Starr, who investigated former President Bill Clinton, overstepped his authority. Also Tuesday , in a...

May 18 2017

Talks on airplane laptop ban end with no ban, more talks

The United States has been considering increasing the number of airports affected by the ban to possibly include some European ones, prompting the EU to hold a meeting of...

May 18 2017

Trump, Turkish leader hail ties despite US arming of Kurds

The Kurdish elements of the SDF, which is backed by the US-led coalition, are from the YPG, or the Kurdish People's Protection Units (YPG), the main faction battling ISIL...

May 18 2017

Storms pummel central US, as tornadoes kill at least 2

A team of deputies from the Barron County Sheriff's Department was still going door to door in the Prairie Lake Estates trailer park north of Chetek at 10:30 p.m., checki...

May 18 2017

Australia budget 2017: Treasurer promises fairness and growth

The 2017 Budget also seeks to entirely recover from Labor's Mediscare campaign that almost cost the Coalition the election while tackling the Opposition's main arguments ...

May 18 2017

Trump faces fallout over Comey appeal, intelligence sharing

Last week, the man I call Trump the Pretender unceremoniously and gutlessly fired FBI Director James Comey, a man for whom I shed no tears and have many times excoriate...

May 18 2017

US households owe record amount, topping pre-recession peak

USA household debt reached a record high in the first three months of 2017, topping the previous peak reached in 2008. The fed also notes that student loan delinquencie...

May 18 2017

Microsoft's President Reflects On Cyberattack, Helping Pirates And The NSA

With regards to the threat of further ransomware attacks, the only real way that they can be prevented would be to patch every single vulnerability that the perpetrators ...

May 18 2017

Frank Lampard: Antonio Conte has made this one big change at Chelsea

Andy Townsend joined the Weekend Sports Breakfast and heaped praise on Chelsea's players for buying into new manager Antonio Conte's philosophy this season. The visit o...

May 18 2017

Volkswagen emission scandal: Probe against CEO for 'knowingly delaying information'

The carmaker is owned by holding company Porsche SE and said in a statement that it had fully complied with all disclosure rules. A spokesman for Porsche SE said th...