Markets

Philippines says Trump recognised 'great job' Duterte is doing

Branstad's statement echoed Secretary of State Tillerson's tough talk on the South China Sea during his confirmation hearing, where he suggested the USA would stop Chinese ships from accessing their artificial islands. In the draft of the chairman's statement for the summit, ASEAN leaders continued to share serious concerns over recent developments and escalation of activities in the area, which may further raise tensions and erode trust and confidence in the region. Read More

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Conservatives back revised health bill, GOP moderates balk

Conservatives back revised health bill, GOP moderates balk

The proposed changes would let states get federal waivers to some coverage requirements President Barack Obama's law imposed on insurers. Conservatives embraced the revisions as a way to lower people's health care expenses, but moderates saw them as diminishing coverage because insurers could make policies for their most ill - and expensive - customers too costly for them to afford. Read More

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Ashmore Group plc (ASHM) Given

Ashmore Group plc (ASHM) Given "Hold" Rating at Peel Hunt

It operates through two segments: Wood Group Engineering segment, which provides a range of engineering services, such as conceptual studies, engineering, project and construction management, and control system upgrades, to the upstream, subsea and pipeline, downstream, chemical process and industrial, and clean energy sectors, and Wood Group PSN segment, which provides production services to the upstream, midstream, downstream and industrial sectors through brownfield engineering and ... Read More

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AT&T sheds more lucrative wireless customers in 1Q

AT&T sheds more lucrative wireless customers in 1Q

AT&T did not disclose updated sub numbers for DirecTV Now, the OTT TV service it launched last November, but noted that DirecTV Now gains helped to offset its decline in linear TV subscribers . and Sprint Corp . In all for the March quarter, AT&T's earned $3.5 billion, or 56 cents a share, down from $3.8 billion, or 61 cents a share, a year earlier. Read More

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Chappell finally wins on PGA Tour in 180th career start

Chappell finally wins on PGA Tour in 180th career start

Chappell, who quietly finished seventh at the Masters two weeks ago, struggled most of the day before picking up three birdies in the final five holes for a one-under-par 71 at TPC San Antonio . Chappell will have another golden opportunity to pick up the first PGA Tour win of his career, but there is no shortage of competition nipping at his heels. Read More

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Verizon loses wireless customers for first time

Verizon , the once-unstoppable cellphone leader in the USA, lost key wireless customers for the first time, even as it brought back unlimited data plans to counter smaller rivals. Shares of Verizon (VZ, Tech30 ) fell almost 1.5% on the news. Verizon blamed the decline on a drop in revenue received from overages, the cost of promoting the business, and a decline in the number of postpaid customers. Read More

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Uber denies stealing Google technology

Uber denies stealing Google technology

Alphabet alleges that Anthony Levandowski stole 14,000 files from its self-driving auto wing before he left in January 2016 to start the autonomous trucking company Otto , which was purchased by Uber in August for $ 680 million . "You're not denying it, no one is denying he has the 14,000 files". Lidar sensors bounce light off objects to create a three-dimensional map of a car's surroundings. Read More

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Consumer Inflation Rises Marginally In March To 3.81%

Consumer Inflation Rises Marginally In March To 3.81%

Year-over-year growth in wages excluding bonuses fell to 1.9 per cent, from 2.2 per cent, dragging down the ex-bonus headline rate to 2.2 per cent, from 2.4 per cent. Overall output prices rose by 3.6 per cent, also a touch weaker than in February but above a forecast of 3.3 per cent in the Reuters poll. Sheng Guoqing, a bureau analyst, said price increases in non-food sectors were overshadowed by price drops in food, resulting in the mild inflation in March. Read More

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KFC to stop using chickens raised with human antibiotics

KFC to stop using chickens raised with human antibiotics

On Friday, the Louisville-based fast-food chain issued a letter stating that it will stop purchasing chickens raised with antibiotics by the end of 2018. " We recognize that it's a growing public health concern ". The NRDC, which has helped lead the push, estimated that 40 percent of the chicken industry is now either under an antibiotics commitment or is already using responsible practices. Read More

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High-roller Billy Walters convicted on insider trading charges

High-roller Billy Walters convicted on insider trading charges

Berke said his 70-year-old client was "in the fight of his life" and was viewed negatively by the government in part because he is a "high profile, colorful Las Vegas gambler". Walters, 70, has built a sprawling business of auto dealerships, vehicle rental agencies and golf courses worth hundreds of millions of dollars. A defense lawyer was scheduled to deliver a closing argument Thursday. Read More

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Manmohan hails GST passage

He said, the work on fixing rates has started and GST council will take final decision next month. Besides, GST compensation law allows for imposition of cess on certain luxury goods like tobacco, high-end cars and aerated drinks to create a fund for compensating states for any loss of revenue in the first five years after implementing the new indirect tax. Read More

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'Pink Star' diamond goes for record amount at auction

The Pink Star is the largest polished diamond to go for auction. It was 132.5 carats in the rough when it was mined by De Beers in South Africa in 1999, according to Sotheby's. Cheng Yu-Tung, father of the current chairman and founder of Chow Tai Fook , and commemorates the esteemed brand's 88 anniversary. It took two years to polish and shape the stone into a pristine oval, rated internally flawless . Read More

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4 things to know about Equal Pay Day

4 things to know about Equal Pay Day

In various fields, women have negotiated for equal pay . Women on average are paid 20 percent less than men in the United States, according to census data compiled by LeanIn.Org and the National Partnership for Women & Families. Harvard economist Claudia Goldin writes , "The gender gap in pay would be considerably reduced and might even vanish if firms did not have an incentive to disproportionately reward individuals who worked long hours and who worked particular hours". Read More

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Some EpiPens recalled, FDA says

Some EpiPens recalled, FDA says

EpiPens affected under the new recall were distributed in the USA between December 17, 2015, and July 1, 2016. The drugmaker, Mylan , announced it is recalling more than 81,000 epipen devices in the U.S. Problems could be potentially life threatening, although the defects are described as "extremely rare". Amid accusations of price gouging, Mylan CEO Heather Bresch testified before Congress in September. Read More

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Recycled rocket hailed as new era for space travel

Recycled rocket hailed as new era for space travel

Space-X had some spectaculars failures, but a 50-meter section of this booster rocket went into space previous year, and then successfully landed on a platform at sea so it could fly again. Now, with last Thursday's success, one of the company's pre-flown and landed Falcon 9 booster rockets launched off for a second mission from Kennedy Space Centre in Florida. Read More

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Anti-allergy medicine EpiPen recall expands to US

Anti-allergy medicine EpiPen recall expands to US

EpiPens affected under the new recall were distributed in the US between December 17, 2015, and July 1, 2016. In a statement , Mylan pointed to "two previously disclosed reports" outside of the USA in which the device failed to activate due to a "potential defect" in a component supplied by Meridian Medical Technologies, a Pfizer unit that makes EpiPen. Read More

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GSD disappointed by the European Union negotiating position on Gibraltar

GSD disappointed by the European Union negotiating position on Gibraltar

The tiny British overseas territory on Spain's southern tip has always been the subject of an acrimonious sovereignty row between London and Madrid, which wants Gibraltar back after it was ceded to Britain in 1713. "Ministers should listen to the first minister of Gibraltar , who this week said that Gibraltar should be no bargaining chip in, pawn in or victim of Brexit", Labour lawmaker Mary Creagh said in a statement emailed by Open Britain, which campaigns to soften Brexit. Read More

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Priebus a central figure in Trump's White House drama

It is reported she made a decision to join the group after the Trump-backed health care bill failed to amass enough support last week. This post was syndicated from The Independent Uganda:. America First Policies, Walsh's new organization, was established in January as an outside group to push President Trump's agenda, but has not engaged actively in advancing his policies. Read More

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