Business

No one has embodied the Republican waffling over Trump quite like Ryan, the party's policy-focused leader in Washington who felt duty-bound to support the nominee even though he would have preferred just about anyone else who ran in the primary.
  • Gold little changed; market eyes US Fed meeting

    Business

    In electronic trading after the Fed decision, prices were at $1,307.40. Less than one week ahead of the USA election, analysts said the appetite for gold was mounting on the possibility of a victory for Republican candidate Donald Trump, with the metal providing a safe haven.
  • China, Russia take new step closer to new long-haul jet

    China, Russia take new step closer to new long-haul jet

    Business

    In 2010, China Eastern had signed commitments for 20 C919 aircraft. They didn't provide any details on financing or technical specification. For aviation manufacturing, Beijing has set its eyes on developing widebody passenger jets, heavy helicopters and various types of engines, in cooperation with global partners.
  • PMI touches 22-month high in October

    Business

    In a sign that inflation may be starting to edge toward the ECB's target, IHS Markit said companies set higher selling prices for the first time since August past year, passing on to customers increased commodity costs, particularly for oil-related products.
  • After 12 straight quarterly losses, electric vehicle company Tesla turns profit

    Business

    Tesla even reported positive free cash flow, defined as operating cash flow less capital spending, for the first time since 2013, to the tune of $176 million. The electric carmaker also signaled it has substantially reduced the costs for launching production of its high volume Model 3 sedan next year. The company posted a quarterly profit of almost $22 million due to improved sales of the Model X sport-utility vehicle and Model S sedan , as well as the benefits of selling carbon ...
  • Donald Trump questions Colorado's mail ballot as he rallies Republicans to vote

    Donald Trump questions Colorado's mail ballot as he rallies Republicans to vote

    Business

    While calling for people to vote, Trump also questioned the integrity of Colorado's voting system. It's unclear whether Trump was encouraging people who have already voted to do that again, which would constitute voter fraud. "They'll give you a ballot, a new ballot". Each of the state's 64 counties have their own set of systems which are overseen by independent local officials, use as many as five different brands of voting machines, and have to have their results reconciled and verified by ...
  • Iraq doesn't want to participate in an OPEC production cut

    Iraq doesn't want to participate in an OPEC production cut

    Business

    The goal is to trim production to a range of 32.50-33.0 million barrels per day (bpd). Brent, against which half of the world's oil is priced, fell by 81 cents to $48.98 per barrel as of 7.25pm Nigerian time on Wednesday. After the API report, it fell as much as $1.25, or 2.5 percent, to $49.27. The market was also "a bit rubbery in the knees" due to uncertainty around OPEC's planned production cut, said Donald Morton, who runs an energy-trading desk at Herbert J Sims & Co in Fairfield, ...
  • Oil falls as non-OPEC yet to pledge concrete oil output steps

    Oil falls as non-OPEC yet to pledge concrete oil output steps

    Business

    The last time OPEC persuaded non-OPEC nations to make joint cuts was as lon ago as the start of the millennium. The cartel aims to reduce its output by about 1-2pc, or between 200,000 and 700,000 barrels per day, and also to secure cuts by other, non-Opec producers.
  • Don't forget to put your clocks back

    Don't forget to put your clocks back

    Business

    As a pet owner, you know your dog's routine of waking you up each morning so you can escort man's best friend outside to do their business. Meanwhile, the end of DST is happening some days earlier for United Kingdom as the British will experience an additional hour beginning Sunday , October 30 at 2 in the morning.
  • Dozens of migrants leave the former camp of Calais

    Business

    Egeland said a lack of trust, fear, and misunderstandings, as well as unacceptable preconditions, have prevented evacuations. Hollande said there were 1,500 unaccompanied minors, who would be transferred to reception centres. 28, 2016. The camp has existed for years as an informal settlement for migrants hoping to illegally cross the border to Britain. She added: "We can not forget about those who remain in France who potentially have the right to come here".
  • Pence applauds FBI investigation of emails

    Business

    It was a day that thrilled Republicans eager to change the trajectory of the race, none more so than GOP nominee Donald Trump. Early voting has already started in many states across the country. On Friday, it was made known that the FBI is now investigating whether there is classified information in new emails uncovered during the ongoing sexting investigation of disgraced former congressman Anthony Weiner, the estranged husband of Clinton's longtime aide Huma Abedin.
  • Clinton reaps $53 million in campaign cash in 19 days

    Business

    So if Trump had not massaged his supporters to go to the polls , they would have to massage Clinton's key demographics to stay away. On Wednesday night, FiveThirtyEight 's Nate Silver wrote that Trump has "probably narrowed his deficit against Clinton", but by too little to see any major shift.
  • Stocks sag as bond

    Stocks sag as bond "bloodbath" shows no sign of letting up

    Business

    MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.3 per cent, pressured by the prospect of easy money flows being crimped should the Fed tighten policy soon. "105 (yen) was both a psychological and technical point, and it broke ahead of U.S. GDP later today", said Kaneo Ogino, director at foreign exchange research firm Global-info Co in Tokyo .
  • Dreamworld parent company executives offer condolences

    Business

    In an address at Ardent's annual general meeting in Sydney on Thursday, Deborah Thomas was set to express "our deepest and most heartfelt condolences" on behalf of the company to the families and friends of the four people who died on the Thunder River Rapids ride.
  • CYBG confirms talks with RBS over Williams & Glyn sale

    CYBG confirms talks with RBS over Williams & Glyn sale

    Business

    That makes it one of the UK's largest prospective "challenger" bank brands, with the potential to win market share in the small business banking sector from Lloyds and RBS itself. It then entered discussions with Santander, though negotiations broke down last month, reportedly over the price tag for Williams & Glyn. RBS has been working with a group of investors and originally planned to float Williams & Glyn on the London Stock Exchange in early 2017.
  • Aull Monroe Investment Management Corp Lowers stake in Duke Energy Corp (DUK)

    Aull Monroe Investment Management Corp Lowers stake in Duke Energy Corp (DUK)

    Business

    Pictet Asset Management Ltd who had been investing in Duke Energy Corp New for a number of months, seems to be bullish on the $53.40 billion market cap company. Year to Date (YTD) performance of Duke Energy Corporation (NYSE:DUK) is 13.29 percent while its Performance (Week) is 1.11 percent and Performance (month) is at -4.99 percent.
  • Walgreens Boots Alliance Inc. (WBA) PT Set at $79.00 by Barclays PLC

    Walgreens Boots Alliance Inc. (WBA) PT Set at $79.00 by Barclays PLC

    Business

    Westbourne Investment Advisors Inc. purchased a new stake in shares of Walgreens Boots Alliance during the second quarter valued at $121,000. Credit Suisse Group AG reiterated a buy rating and set a $82.51 price target (down previously from $95.00) on shares of Walgreens Boots Alliance in a report on Monday, July 18th.
  • Merck quarterly revenue beats, raises full-year forecast

    Merck quarterly revenue beats, raises full-year forecast

    Business

    The company reported a profit of $2.2bn, or 78 cents per share, up from $1.8bn, or 64 cents per share in the year-earlier period. Excluding items, the company earned $1.07 per share, beating estimates of 99 cents per share. This showed that Keytruda monotherapy resulted in superior progression-free survival and overall survival compared with standard chemotherapy in patients with advanced NSCLC whose tumours expressed high levels of PD-L1; reducing the risk of progression by 50 percent and ...
  • Rockwell Collins acquires B/E Aerospace for $6.4 billion

    Business

    The Cedar Rapids avionics, communications and information-management company has agreed to buy B/E Aerospace of Wellington, Fla., for $6.4 billion in cash and stock, plus the assumption of $1.9 billion in net debt. He said B/E's strong relationships with airline customers would complement Rockwell's strength with business jet and military customers. The deal would create run-rate pre-tax cost synergies of about $160 million before taxes, Rockwell said.
  • Trump uses out-of-context line to hit Michelle Obama

    Business

    The Clinton campaign and Mrs. Obama's staff are reluctant to discuss motives for the obvious omission. Michelle Obama has repeatedly criticised Donald Trump during this presidential campaign . Maybe it's easy for him to mock people with disabilities because he's unable to see their strength and their contributions. "I do think it's worth the push into Arizona", he said.