Finance

London living cost falls to lowest level in decades in global ranking

In terms of food and drink, the cost of living in Singapore is on a par with that of Shanghai, whereas Seoul, Tokyo and Osaka are the three most expensive pla...


Emmanuel Macron and Marine Le Pen trade barbs in marathon presidential debate

Far-right candidate Le Pen has pledged to try and take France out of the single currency should she win the two-round presidential vote on April 23 and May 7,...


Despite US Rate Increases, the Dollar's Biggest Gains Look Done for Now

The euro was last down 0.2 percent at $1.0740. The dollar fell 0.7 percent against a basket of key currencies and hit a one-week low against the yen, while th...


Russian spies implicated in mammoth Yahoo data breach

The charges - which include "computer hacking, economic espionage and other criminal offenses in connection with a conspiracy" - are the first criminal cyber ch...


European Stocks Slip in Broad Decline Before Dutch Election, Fed

Rallies from Seoul to Hong Kong sent the MSCI Asia Pacific Index to the highest since mid-2015, after the S&P 500 Index jumped by the most in two weeks. T...


Etna eruption leaves ten injured

BBC science journalist Rebecca Morelle said on Twitter her crew was hit by steam and boiling rocks. Several people were taken to hospitals in Catania and...


Valeant Investors Exit Along With Ackman

They have traded as low as $10.50 on Tuesday, their lowest level since May 2009. His company, Pershing Square Capital Management , sold all of its 27.2 milli...


A look at Canada's defence spending and North Atlantic Treaty Organisation obligations, by the numbers

Military expenditure across Europe, however, remained below 2 per cent of gross domestic product - a threshold that President Trump has said is crucial for Euro...


Gander Mountain store closing in Charleston

The company plans to have normal business hours during the restructuring process. Reports began circulating in January that the St. Paul-based company was suf...


China's Defense Budget to Rise 7 Percent

Previous year normally talkative military delegates to parliament largely declined to talk to foreign media about the slowing rate of military spending, saying ...


Spain 'well-placed' in potential Peugeot-Opel deal - economy minister

Between them, Opel and PSA, which makes Peugeot and Citroen cars, have three factories in Spain, which employ about 13,000 people in total. Earlier this year ...


619 hedge funds sold their entire positions in Emerson Electric Co. (EMR)

Bowling Portfolio Management LLC increased its position in General Electric Company by 1.4% in the second quarter. Dundee Securities restated a "neutral" rating...


Federal Reserve chair Janet Yellen signals March interest rate rise

Spot gold may retest a resistance at United States dollars 1,252 per ounce, a break above which could lead to a gain to the next resistance at USD 1,258, accord...


FCC Officially Blocks Part Of ISP Privacy Rule From Taking Effect

The temporary stay will be in place until the FCC votes on a reconsideration of the rules. When the FCC voted past year to adopt the rule, then-FTC chair Ed...


Oil prices slip as rising United States supplies offset OPEC cuts

The non-OPEC members who had supported the cuts have achieved 60 percent compliance at the moment. And the most recently weekly estimates suggest production i...


Ben Carson wins Senate confirmation as housing secretary

How Mr. Carson will change the department's existing policy regarding housing is unclear at the moment. Carson, she said , has "made disparaging statements a...


Court lifts ban on water supply to Pepsi, Coca-Cola in Tamil Nadu

Notably, shopkeepers in Tamil Nadu began removing Pepsi and Coke from their shelves on Wednesday after a call by the state's Traders Federation to boycott the s...


United Launches Seasonal San Francisco Flight From Bradley

The United flight will operate non-stop daily, seven days a week on a Boeing 737 with 143 seats. A United executive welcomed the route. "This new route will g...


(AKS) Receives Average Recommendation of "Hold" from Brokerages

Strong Sell. Investors might also notice that two months ago the Buy recommendations (0) were less than Sell recommendations (0). Other hedge funds have also ...


Backed RBS annual losses more than treble to £6.96bn

McEwan said the latest financial loss was "disappointing" and meant the bank had to go "further on costs and faster on digital", as the group was interacting wi...


JC Penney to close 130 to 140 of its stores

The company noted that its Home, Sephora, Salon and Fine Jewelry were its top performing merchandise segments during the fourth quarter. JC Penney will close ...


Burger King owner to buy Popeye's for $1.8B

Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 1,755,491 shares of the stock are valued at $116.07 million. Municipal ...


Analyst's Proposition on General Motors Company (GM), The Kraft Heinz Company (KHC)

General Motors Company (NYSE:GM) right now sits at consensus rating of 2.60 while 0 analysts have advocated the shares as "BUY", 0 calls it an "OUTPERFORM" and ...


Sinai Accuses Israel of Airstrike That Killed 5

The fourth rocket was not targeted by the missile defense system because its trajectory suggested that it would hit an open field, according to an IDF spokesper...


Unilever rejects Kraft Heinz's $143B takeover bid

Sprint Corporation (NYSE:S), stock is trading $9.65 above the 52-week high and has displayed a high EPS growth of -73.48% in last 5 years. The S&P 500 rose ...


South Korean investigators again seek arrest of Samsung heir

Lee, vice chairman of Samsung Electronics and son of the Samsung group head Lee Kun-hee, is accused of paying almost $40m in bribes to Park's secret confidante ...


Verizon reportedly knocks $250 million off Yahoo's asking price

While there was a lot of speculation about the attack and a lot of finger-pointing as well, there were reports that Verizon would seek a discount from Yahoo. ...


Featured Stock for Investors: Verizon Communications Inc. (NYSE:VZ)

A number of other large investors have also added to or reduced their stakes in VZ. Analysts mean target price for Verizon Communications Inc. Daiwa SB Investme...


New Jersey ranks 29th on list of number of structurally deficient bridges

A new report says the Brooklyn Bridge and Washington's Arlington Memorial Bridge are among thousands of spans across the US considered structurally deficient....


Retail inflation slows to 3.17% in January

Howard Archer, chief United Kingdom and European economist at IHS Global Insight, also expects inflation to have reached 1.9 per cent in January, and to climb t...


China's exports and imports surge

The country's trade surplus widened last month to 354.53 billion yuan ($51.62 billion) from 275.42 billion yuan in December. Analysts say the trade surplus wa...


Oil market 'responding positively' to output cut: OPEC president

However, it remains cautious about the outlook for 2017, forecasting a near-term deceleration to 1.4 mb/d. Oil futures climbed Friday after the International ...


White House List Contradicts Trump Claim That Terror Attacks Go Unreported

These remarks were followed by footage of Cooper reporting on attacks in cities such as Ottawa in 2014, Paris and San Bernardino in 2015 and Orlando in 2016...


International Monetary Fund board says Greece needs further debt relief

Greece's economy is expected to grow 2.7 per cent this year, up from 0.4 per cent in 2016, the fund said. "IMF involvement is necessary", Jeroen Dijsselbloem,...


Twenty-First Century Fox, Inc. Reveals 14% Rise In Q2 Earnings

Now the return on equity is 20.60% and its debt to equity is 1.41. Brean Capital reaffirmed a "hold" rating on shares of Twenty-First Century Fox in a research ...