Finance

Author: 0 'Fake claims' v the facts: Theresa May's U-turn on 'dementia tax' unpicked

Speaking at the launch of the Tories' Welsh manifesto in Wrexham, Mrs May said her manifesto proposals "provide the beginning of a solution to social care without increasing taxes on younger generations". Additionally, she refused to confirm what the absolute limit on care costs would be. " We need to get off care and pensioner benefits and start talking about the calamity of Corbyn again ", he added.

Author: 0 Magellan Midstream Partners, L.P. (MMP) Stake Held by Commerce Bank

Parametric Portfolio Associates LLC increased its stake in EQT Midstream Partners LP (NYSE:EQM) by 2.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. Tower Research Capital Limited Co (Trc) stated it has 0% of its portfolio in Summit Midstream Partners LP (NYSE:SMLP). Looking further, Enable Midstream Partners, LP has a Gross Margin score of 14.

Author: 0 Korea Military: North Korea Fires Unidentified Projectile

North Korea has fired what is believed to be a short-range Scud missile off its east coast, according to South Korea's military. South Korea and Japan immediately protested the missile launch, the most recent test-firing by North Korea as it seeks to develop nuclear weapons that can reach U.S.

Author: 0 Macron meets Putin, no fiery handshake, hold talks on Syria, Ukraine

But in an apparent warning to Assad and Russian Federation, he said the use of chemical weapons in Syria would be a "red line" for his presidency and would draw an "immediate response" from France . " Russia Today and Sputnik . behaved as organs of influence, of propaganda, of lying propaganda". French President Emmanuel Macron drew a bright red line on Syrian chemical weapons on Monday in a meeting with Russian President Vladimir Putin .

Author: 0 After OPEC deal, Texas oil regulator boasts of victory

The Organisation of the Petroleum Exporting Countries ( OPEC ), that caters to one-third of the world's oil requirement, along with non-OPEC countries Thursday extended a production cut aimed at tightening the market well into 2018. Its members produce about 32.4 million barrels a day. US shale production requires a higher price to be profitable.Ahead of the meeting, the organization announced that Equatorial Guinea had joined, expanding OPEC membership to 14.

Finance Oil supply glut to return with agreement end, shale increase- M. Stanley
Author: 0 Oil supply glut to return with agreement end, shale increase- M. Stanley

The Organization of the Petroleum Exporting Countries and some non-OPEC producers pledged last week to extend production cuts of around 1.8 million barrels per day (bpd) until March 2018. Brent crude futures LCOc1 were trading down 15 cents, or 0.3 percent, at $52.00 per barrel at 0253 GMT. Despite the agreement on Thursday, oil price suffered a major selloff on that day and was down around 3 percent by the end of the day.

Author: 0 Moody's downgrades China's credit rating

The Chinese Ministry of Finance rejected the assessment, saying Moody's had used an "inappropriate" method to assess the risks facing the economy. Though progressing reforms are likely to change the economy and financial system over time, they might not stop rising debt or the consequent growth in contingent liabilities for the government, according the agency.

Finance Merkel Says Trump-Led U.S. Is No Longer a Reliable Ally
Author: 0 Merkel Says Trump-Led U.S. Is No Longer a Reliable Ally

Six of the seven G7 nations agreed to stick with their commitment to implement the 2015 Paris Agreement aimed at slowing global warming , but Mr Trump said he needed more time to decide if the U.S. Mr Macron appeared to force Mr Trump to keep shaking hands even after the USA leader tried to disengage. He spoke shortly after Merkel gave a two-minute speech lauding the alliance's common objective.

Finance Supreme Court Rejects Appeal Over NC Voter ID Law
Author: 0 Supreme Court Rejects Appeal Over NC Voter ID Law

The justices left in place last summer's ruling by the 4th U.S. Circuit Court of Appeals striking down the law's photo ID requirement to vote in person, which the court said targeted blacks "with nearly surgical precision". "We urge the General Assembly to finally accept that racially discriminatory laws have no place in our democracy, and certainly not when it comes to the sacred right to vote", Barber said.

Finance FCC Officially Votes to Gut Net Neutrality Rules
Author: 0 FCC Officially Votes to Gut Net Neutrality Rules

Millions of Americans expressed support for these rules by submitting comments with the FCC leading up to the 2015 Open Internet Order . Just this afternoon, the FCC took the first steps to dismantle what's known as "net neutrality".

Finance India's ITC Q4 profit rises 12 pct, but misses estimates
Author: 0 India's ITC Q4 profit rises 12 pct, but misses estimates

Considering above, ITC's net profit is seen at Rs 2,578.1 crore during Q4FY17, increasing by 8.37% yoy but will decline by 2.59% on qoq basis. Gross revenue for the quarter at Rs 15,410.92 crore was 6.2 per cent higher than a year ago. State-owned Oil and Natural Gas Corp ( ONGC ) on Saturday (27 May) reported a 6.2 per cent drop in March quarter net profit after it cleared royalty dues to Gujarat and Assam and provisioned for employee pay revision.

Author: 0 What Are Analysts Report About United States Steel Corp. (X)

Vetr raised shares of United States Steel from a "sell" rating to a "hold" rating and set a $34.75 price target for the company in a research report on Monday, January 9th. The previous rating for X was a Neutral. Its share price has grown -10.12% in three months and is down -0.67% for the last five trades. A ratio over one indicates an increase in share price over the period.

Author: 0 Trump delays decision on Paris climate accord

Mr Macron said he told the US President that it was "indispensable for the reputation of the United States and the interest of the Americans themselves that the United States remain committed" to the Paris agreement. Italian Prime Minister Paolo Gentiloni, who chaired the second and final day of the G7 summit, noted that differences of opinion with President Donald Trump "emerged quite clearly in our discussion".

Finance Congress pokes holes in BJP govt achievements
Author: 0 Congress pokes holes in BJP govt achievements

Nath said we are seeing disposable incomes in rural India going down, which generate demand in rural areas and that is the reason for the misery of the people. Talking about the achievements of the government, he said not only did the schemes like "One Rank, One Pension" were passed but it also took fearless steps like demonetisation and initiated other economic reforms across sectors.

Finance Bunge Denies Merger Talk With Glencore
Author: 0 Bunge Denies Merger Talk With Glencore

Shares of the White Plains, New York , U.S. -based company soared by as much as 17% minutes after news of Glencore's takeover approach was reported , the biggest intraday jump for the company in nine years. If Glencore and Bunge were to form a partnership, it could transform Glencore into a major USA agricultural company. In contrast, the grain-handling industry has seen relatively little deal-making over the period.

Finance Cisco Systems Inc (NASDAQ:CSCO) A Brief Outlook on Stock
Author: 0 Cisco Systems Inc (NASDAQ:CSCO) A Brief Outlook on Stock

The extended plan was discussed in Cisco's third Quarter Earnings report released on Wednesday, with the completion of additional workforce reduction scheduled for the first quarter of fiscal 2018. The company has a market capitalization of $167.51 billion, a PE ratio of 17.24 and a beta of 1.36. Cisco Systems, Inc . was upgraded to "overweight" by analysts at Morgan Stanley .

Author: 0 FA Cup final: Chelsea player ratings for shock loss to Arsenal

With the win, Arsenal salvaged a disappointing season in which it failed to qualify for the Champions League for the first time in two decades. Chelsea was denied a chance to secure a domestic double for Antonio Conte's team in the Italian's first season in charge as manager.