Money


More than 1000 Typhoon jobs under threat at BAE Systems More than 1000 Typhoon jobs under threat at BAE Systems
- October 09, 2017

First half numbers from fashion firm Ted Baker PLC ( LON:TED ) on Tuesday are expected to continue its track record of double-digit growth, reflecting the resilience of its balanced model, according to analysts at Liberum Capital. The company said: 'BAE Systems continually reviews its operations to make sure we are performing as effectively and efficiently as possible, delivering our commitments to existing customers and ensuring we are best placed to secure future business. (more...)
Alphabet calls in the balloons Alphabet calls in the balloons
- October 09, 2017

Project Loon , part of Google's original "moonshot" efforts, was created to bring connectivity to remote parts of the world and areas struggling with the aftermath of a natural disaster. "To deliver signal to people's devices, Loon needs be integrated with a telco partner's network - the balloons can't do it alone", she said, adding that the company is "making solid progress on this next step". (more...)
Tropical Depression 17 forms in Atlantic, forecasters say Tropical Depression 17 forms in Atlantic, forecasters say
- October 09, 2017

Nate weakened to a tropical storm, as of 8 a.m., with sustained winds of 45 miles per hour. On the forecast track, Nate will quickly move to the northeast by the Central Appalachians in 24 hours and through the northeast exiting ME on Tuesday. (more...)
Gas prices continue their post hurricane fall Gas prices continue their post hurricane fall
- October 09, 2017

That price is still 6 cents lower than the average a week ago. The average price for self-serve regular unleaded gasoline was about $2.40 per gallon, the Dearborn-based auto club said late Sunday. "Gas prices have today entered their fourth straight week of declining nationally, a trend unlikely to be interrupted by Hurricane Nate over this past weekend", said Patrick DeHaan, senior petroleum analyst for GasBuddy. (more...)
Jupp Heynckes: I could only return for Bayern Munich Jupp Heynckes: I could only return for Bayern Munich
- October 09, 2017

Heynckes won the treble before calling time on his illustrious coaching career. "I am very much looking forward to this task". "Some feel old at 45 but I've not changed". Heynckes' appointment - strictly until the end of the season - has been interpreted as a victory for club president Uli Hoeness in his power struggle with chief executive Karl-Heinz Rummenigge. (more...)
Russian Federation to work with Saudi on implementing global oil cut deal: Lavrov Russian Federation to work with Saudi on implementing global oil cut deal: Lavrov
- October 09, 2017

Although there is still a surplus, participants in the oil production cuts are looking to further reduce the surplus, he said. King Salman of Saudi Arabia met with Russian President Vladimir Putin in Moscow on Thursday, agreeing joint investment deals worth several billion dollars. (more...)
Wood Group and Amec merger completes Wood Group and Amec merger completes
- October 09, 2017

To fund its British acquisition, the Australian company will issue new shares as part of a $322 million capital raising (through a one-for-10 entitlement offer and existing debt facilities). On completion, certain members of the Amec Foster Wheeler Board will join the board of the combined group: Roy Franklin will join as deputy chair and senior independent director, and Ian McHoul and Linda Adamany will be appointed as non-executive directors. (more...)
Economics Nobel goes to Richard H. Thaler Economics Nobel goes to Richard H. Thaler
- October 09, 2017

The Nobel Prize in Economics was awarded to Richard H. Thaler for his work in behavioral economics. He specializes in psychology and how people make economic decisions in real world conditions. Although the prize can not technically be considered a Nobel Prize as it was not established in the will of Alfred Nobel, it is regarded to be equivalent to those prizes (Chemistry, Literature, Peace, Physics and Medicine), and is effectively a Nobel Prize for Economics. (more...)
Just days left until deadline for round pound Just days left until deadline for round pound
- October 09, 2017

From midnight on Sunday the coin will no longer be legal tender and no longer accepted in shops and restaurants. However some retailers, including Poundland , have indicated they will continue to accept the currency for a limited period once the deadline has passed. (more...)
Opec oil cut deal may be extended: Russian Federation Opec oil cut deal may be extended: Russian Federation
- October 09, 2017

Novak told reporters on the sidelines of the Russian Energy Week forum, where Anadolu Agency is media sponsor, that Moscow cut its oil production more than the agreed quota in the deal between OPEC and non-OPEC countries. A tropical depression that could grow into a hurricane is forecast to strike the US Gulf Coast late Sunday, potentially shutting down offshore oil and natural gas rigs. (more...)
Kid Rock Stands in Support of Harvey Weinstein's Sexual Harassment Accusers Kid Rock Stands in Support of Harvey Weinstein's Sexual Harassment Accusers
- October 09, 2017

She went on to add: "The New York Times allegations, if true, would constitute sexual harassment". "My understanding is that Mr. Weinstein and his board are moving toward an agreement", her tweet said. In the latest update, in a interview with the New York Post , Mr Weinstein claimed his British wife was standing by him "100 per cent" and said the New York Times had "a vendetta" against him. (more...)
NEX Group PLC (NXG) Stock Rating Reaffirmed by Numis Securities Ltd
- October 09, 2017

The average 12-month price target among brokers that have updated their coverage on the stock in the a year ago is GBX 199.67 ($2.65). Numis Securities Ltd reissued an add rating and issued a GBX 2,740 ($36.34) price target on shares of Micro Focus International plc in a report on Wednesday, June 14th. (more...)
S. Arabia Flexible on Russian Idea to Extend Crude Cuts S. Arabia Flexible on Russian Idea to Extend Crude Cuts
- October 09, 2017

Russian Federation this week hosted Saudi Arabia's King Salman and a raft of Saudi officials and dignitaries, cementing a relationship that is pivotal for world oil prices and could decide the outcome of the conflict in Syria. Oil prices rose about 2 percent on Thursday as signs Saudi Arabia and Russian Federation would limit production through next year pushed the USA benchmark back above $50 a barrel. (more...)
Oil prices stable on hopes of possible output cut extension Oil prices stable on hopes of possible output cut extension
- October 09, 2017

As for the overall price of oil, Novak said, $50 to $60 per barrel is an "optimum" range. A stronger dollar.DXY, which makes greenback-denominated more expensive for buyers in other currencies, also led to further losses in the oil market on Friday. (more...)
Nuggets reportedly sign G Gary Harris to four-year extension
- October 09, 2017

Adrian Wojnarowski of ESPN was the first to report on this latest development from Denver's camp. Had there been no agreement before the start of the regular season, Harris would have been a restricted free agent next summer. He also made 46.9 percent of his shots from the field and 35.4 percent from beyond the arc. The Michigan State product is coming off the best season of his young career, averaging 14.9 points per game on 42 percent shooting from long range (ranking among the top 10 ... (more...)
Crude Oil Prices Settle Higher On Expectations Of Output-Cut Extension Crude Oil Prices Settle Higher On Expectations Of Output-Cut Extension
- October 09, 2017

Russian Federation this week hosted Saudi Arabia's King Salman and a raft of Saudi officials and dignitaries, cementing a relationship that is pivotal for world oil prices and could decide the outcome of the conflict in Syria. "Gains in the oil market have been restricted by the resuming of production at Libya's Sharara oilfield, as well as the improvement of U.S. crude exports". (more...)
Gunman kills at least 50, wounds 200 in Las Vegas concert attack Gunman kills at least 50, wounds 200 in Las Vegas concert attack
- October 09, 2017

What do we say now? It took about an hour and 15 minutes from the moment Stephen Paddock opened fire on Route 91 Harvest Festival concertgoers Sunday to the time a SWAT team burst down the door of his Las Vegas hotel room. official briefed by law enforcement who spoke on condition of anonymity because the investigation is still unfolding, as per a PTI report. A search of Paddock's home in Reno turned up another five handguns and two shotguns, which, added to the weapons found in ... (more...)
International Business Machines Corp. (IBM) Receives Neutral Rating from Sanford C. Bernstein International Business Machines Corp. (IBM) Receives Neutral Rating from Sanford C. Bernstein
- October 09, 2017

About 846,934 shares traded. International Business Machines Corporation ( IBM ) is a technology company. Shares of IBM have sank -4.07% in the past three monthswhile the S&P 500 has dropped -8.63% in that time. The firm has "Buy" rating given on Tuesday, April 19 by Drexel Hamilton. RBC Capital Markets maintained the stock with "Hold" rating in Friday, September 29 report. (more...)
Wheeler Real Estate Investment (NASDAQ:WHLRP) Trading Volume Significantly Lower
- October 08, 2017

Shares of The Link Real Estate Investment Trust (0823.HK) have a 7-day moving average of 63.26. Finally, Cbre Clarion Securities LLC boosted its position in Healthcare Trust of America by 56.9% during the second quarter. If you are reading this piece on another website, it was stolen and reposted in violation of United States & worldwide trademark and copyright law. Healthcare Trust of America has a 52 week low of $26.34 and a 52 week high of $33.00. (more...)
Las Vegas shooter's note contained calculations to maximise kills Las Vegas shooter's note contained calculations to maximise kills
- October 08, 2017

Clark County Undersheriff Kevin McMahill said investigators remain largely in the dark about what drove retired real estate investor and high-stakes gambler Stephen Paddock to carry out the deadliest mass shooting in modern USA history. But there's also an essential human component to knowing a shooter's motivation. But the guard managed to direct police to the exact location of Paddock's suite and even provided a hotel key to officers looking to clear rooms on the 32nd floor before they ... (more...)

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