Finance

Finance European Central Bank keeps stimulus in place
Author: 0 European Central Bank keeps stimulus in place

And they drive down longer-term interest rates, making it cheaper for governments and businesses to borrow and spend. The higher growth in the economy , he says, is the result of central bank policies that need to continue for now. While Draghi noted in recent weeks that the upswing is becoming increasingly robust, he also argued that stimulus is still necessary to prop up inflation.

Finance My 2 Cents: Kevin Durant Wins Championship With The Warriors
Author: 0 My 2 Cents: Kevin Durant Wins Championship With The Warriors

Well, it should have been a little bit easy. " The team we had, we were great, right where you want to be ", said Warriors forward Draymond Green . He contributed that, not just the talent, as to why the Warriors are so successful. The salary cap was supposed to be a governor on that, but it sure isn't doing the job.

Author: 0 Democrats pushing for info on Jared Kushner security clearances

Senator Sheldon Whitehouse says he believes former National Security Adviser Michael Flynn is cooperating with the FBI's Russian Federation investigation. Sen. Sheldon Whitehouse of Rhode Island suggests that fired national security Mike Flynn has made a deal with the Federal Bureau of Investigation and will testify against President Trump .

Finance Toshiba prefers US-Japan bidder for memory chip biz sale
Author: 0 Toshiba prefers US-Japan bidder for memory chip biz sale

Toshiba is pushing hard to move the sale forward in the face of a particularly persistent obstacle. WD has sought an injunction to prevent its partner from selling the chip business without the USA firm's consent through the International Court of Arbitration.

Finance Azarenka wins on her return
Author: 0 Azarenka wins on her return

Flipkens will face on Friday Catherine Bellis , who defeated Mona Barthel 6/2 in the third set. "There were a lot of ups and downs, good shots and then easy mistakes". Azarenka, a two-time Australian Open victor, announced she was pregnant and would step away from the courts last July. "I think mentally-wise, or confidence-wise, it's better to go through these kinds of matches and find solutions in the tough situations, and build from there".

Finance Small food makers ponder Amazon-Whole Foods impact
Author: 0 Small food makers ponder Amazon-Whole Foods impact

Reporters purchased 31 items from Whole Foods and 31 identical products from Kroger . "That Whole Foods can't turn around its fortunes is, in our opinion, the result of several fundamental flaws in its business model", Neil Saunders, managing director of the retail consulting firm GlobalData, wrote in a note to clients.

Finance Crude Oil Breaks Key Support, Marks 7 Month Lows
Author: 0 Crude Oil Breaks Key Support, Marks 7 Month Lows

The U.S. crude futures contract for July, due to expire later on Tuesday, settled down 97 cents at $43.23, the lowest since September 16. An agreement late previous year from the Organization of the Petroleum Exporting Countries and other producers to cut output by 1.8 million barrels per day from January was supposed to reduce the global glut.

Author: 0 Anthem Blue Cross Blue Shield exits health care exchange

Anthem spokesman Jeff Blunt says making pricing plans is increasingly hard because of a shrinking and deteriorating individual market. The company said it will keep offering plans outside the exchanges in those states, but will stop offering Obamacare plans in 2018, The Wall Street Journal reports .

Author: 0 South Korea to scrap building new nuclear power plants

Robertson also said foreigners detained in North Korea are not given better or special treatment, challenging some popularly held claims past detainees were handled benignly by North Korean standards. "We can not know for sure that North Korea killed Mr. Warmbier". President Donald Trump , Vice President Mike Pence and a number of other USA politicians have condemned North Korea in response to Warmbier's death .

Author: 0 Trump rolls back some, not all, changes in US-Cuba relations

Still, it will be the latest attempt by Trump to overturn parts of Obama's presidential legacy. The statement, however, added that Cuba "reiterates its willingness to continue the respectful dialogue and cooperation that have taken place with Washington since 2015 when the drive for restored ties began under Obama".

Author: 0 Amazon buying Whole Foods for $13.7 billion

Americans have been slowly moving toward online grocery shopping. The investment firm Jana Partners said in April that it had built up an ownership stake in Whole Foods because it saw ways to address its "chronic underperformance for shareholders".

Author: 0 MSCI: Argentina Remains A Frontier, Saudis May Be Emerging

Not only is the market massive - the second-biggest worldwide after America's - it's also home to numerous companies most aligned with China's consumer and service industries, which are seen as key drivers of the $11 trillion economy's long-term expansion.

Finance OPEC, non-OPEC compliance with oil cuts hits highest in May
Author: 0 OPEC, non-OPEC compliance with oil cuts hits highest in May

West Texas Intermediate for July delivery, which expires Tuesday, closed at US$44.20 a barrel on the New York Mercantile Exchange, down 54 cents. The price level of both benchmarks is lowest close since 29 November a year ago level before OPEC announced to cut output by 1.8 million barrels a day to tackle the global oil glut.

Author: 0 With Tech Giants Back in Charge, Stocks Hit Records Again

And the Nasdaq composite rose as well, almost 1 percent. Meanwhile, London's FTSE 100 also jumped markedly, up 0.81 per cent to 7,523.81. Amazon rose as much as 2.9 percent to an all-time high of $1017. Stocks are easing mostly lower in morning trading on Wall Street , Tuesday, June 20, 2017, a day after big gains from tech companies pushed indexes to their latest record highs.

Author: 0 Seattle officer in fatal shooting: 'I don't have a taser'

Charleena Lyles was fatally shot by two Seattle police officers on Sunday morning. Family members said Lyles was three months pregnant and struggled with mental health issues. Pastor Kenny Isabell said Monday that Charleena Lyles was a pregnant mother of four children and wasn't a violent person. He said there will be a thorough investigation following Lyles's death.

Finance Regulators CMA and Ofcom deliver Sky takeover reports
Author: 0 Regulators CMA and Ofcom deliver Sky takeover reports

The television and film giant, which is majority owned by the Murdoch family, already owns 39pc of Sky and in December made a formal approach to buy the shares it doesn't own. Ofcom is examining whether the proposed takeover by 21st Century Fox, the owner of Fox News , will give Murdoch too much control of news media and whether the enlarged media group will adhere to existing standards of accuracy and impartiality.

Author: 0 Wind, rain buffeting northern Gulf Coast

The disturbance in the Gulf was upgraded to Tropical Storm Cindy this morning, but there is no change in the expected impact to the coastal region and the Deep South. Meteorologist Steve Caparotta said the name will garner additional attention, but residents should remember that this changes nothing with regards to the expected impacts.

Author: 0 EU backs Kuwaiti efforts to end Gulf crisis

Qatar has denied accusations by its neighbors that it funds terrorism, foments regional instability or has cosied up to their enemy Iran. The dispute has opened a rift among some of the main USA allies in the Middle East. The base now hosts around 90 Turkish soldiers. Qatar is the world's largest exporter of the liquefied natural gas while the Qatar Investment Authority has huge stakes in big firms from the western world.

Author: 0 South Korea's PM halt plans to build new nuclear plants

He also pledged to shut old coal power plants and stop building new coal plants. "So far, the country's energy policy focused on low prices and efficiency". But South Koreans' enthusiasm for nuclear energy quickly waned following the 2011 Fukushima meltdowns in neighboring Japan . Former President Lee Myung-bak promoted nuclear energy as part of its clean energy strategy and helped local companies win billions dollars of deals to build a nuclear reactor in United Arab Emirates .

Author: 0 UK, EU talk up chance of Brexit deal

Britain, the EU's biggest financial market is leaving the bloc in 2019, raising the prospect of an abrupt cut in cross-border links without a new trade deal. It now numbers 28 members. Britain agreed yesterday to the EU's timetable for Brexit talks, which states that sufficient progress must be made on divorce issues including citizens rights, the exit bill and Northern Ireland before negotiations can start on a future trade deal.