Markets

Markets Gap apologises for selling T-shirts with 'erroneous' map of China
Author: 0 Gap apologises for selling T-shirts with 'erroneous' map of China

The Global Times quoted Gap as saying that the T-shirt had not been released in China. Though Taiwan is in fact a sovereign, independent country, the regime in Beijing insists that Taiwan is a part of China and has in recent months been turning up the heat on an intimidation campaign to coerce Western companies and governments to conform to their vision of "one China".

Author: 0 Oil jumps after USA abandons Iran deal, plans 'highest level' sanctions

As it stands now, OPEC seems to be expecting a tighter market in 2018 with higher global demand and lower non-OPEC supply growth. Oil held losses below $71 as OPEC signalled it has enough spare capacity to mitigate any impact on markets even if renewed United States sanctions on Iran curbs exports from the group's third-largest producer.

Markets Elon Musk Says Tesla Model S Crash Media Coverage Is 'Messed Up'
Author: 0 Elon Musk Says Tesla Model S Crash Media Coverage Is 'Messed Up'

Tesla will "continue to hire rapidly in critical hourly and salaried positions to support the Model 3 production ramp and future product development", according to the memo . Two teens were later killed, a third injured, in a Florida crash in which their Model S sedan's battery pack caught fire after a crash. In March, a Tesla Model X SUV crashed on a California highway, killing the driver, and investigators are looking into the performance of the semi-autonomous driving system in that crash.

Markets Kaspersky Lab to move core infrastructure from Russian Federation to Switzerland
Author: 0 Kaspersky Lab to move core infrastructure from Russian Federation to Switzerland

Kaspersky Lab is to move a number of core processes from Russian Federation to Switzerland. Kaspersky Lab has announced it will open a new data center in Switzerland to handle all data for customers in key markets like Europe, North America and Australia in a bid to improve transparency and rebuild trust following a challenging year for the company.

Markets Blockchain 'Perfect' For Trade
Author: 0 Blockchain 'Perfect' For Trade

The transaction that has made news dealt with a shipment of soybeans transported from Argentina to Malaysia last week. HSBC used a blockchain platform overseen by the consortium R3 to issue a letter of credit to ING to help Cargill complete the transaction.

Markets Senate Dems demand answers from AT&T CEO about payments to Michael Cohen
Author: 0 Senate Dems demand answers from AT&T CEO about payments to Michael Cohen

Asked about Sadler's comment, a White House official said , "We respect Senator McCain's service to our nation, and he and his family are in our prayers during this hard time". Meanwhile, Daniels lawyer Michael Avenatti outed Cohen on Twitter last night. The senators want to know the names of other consultants hired, whether requests were made for contacts between Cohen and Trump, and whether any of the payments ever were received by Trump.

Markets CBS Sues National Amusements For Voting Control, Stops Viacom Merger
Author: 0 CBS Sues National Amusements For Voting Control, Stops Viacom Merger

Today, it is the talk of Wall Street, thanks to the filing of a lawsuit in DE by CBS Corp . and its Special Committee of its Board of Directors alleging breaches of fiduciary duty by National Amusements Inc . The lawsuit said Shari Redstone could force a merger by replacing CBS board members. According to reports, CBS has always been reluctant to do the deal, first starting in 2016, when Redstone initially pushed the idea.

Markets Summary of Serco Group plc (LON:SRP) Ratings on May 13, 2018
Author: 0 Summary of Serco Group plc (LON:SRP) Ratings on May 13, 2018

About shares traded. Getinge AB (OTCMKTS:GNGBF) has 0.00% since May 14, 2017 and is. The Alabama-based Regions Corp has invested 0% in Northgate plc (LON:NTG). On Tuesday, May 1 the rating was maintained by Credit Suisse with "Underperform". As per Wednesday, October 18, the company rating was maintained by Cowen & Co.

Markets China's petro-yuan to gain leverage over Iran sanctions
Author: 0 China's petro-yuan to gain leverage over Iran sanctions

US light crude oil was down 5 cents at $70.65. But that's exactly what Iran Oil Minister Bijan Namdar Zanganeh said on state television Thursday. "And meanwhile, if Iranian crude is really taken off the water, it's going to impact Brent much more than it's going to impact WTI", Zimmerman said.

Markets Iran turns to diplomacy amid high regional tensions
Author: 0 Iran turns to diplomacy amid high regional tensions

Minister for trade and export David Parker last week said it was still unclear to the nations who remained in the nuclear agreement what exports or trade were at risk when associating with Iran . "I don't have many illusions about what the American response will be", Mr. Le Maire said on French radio. After sanctions were eased as part of the nuclear agreement, Iran ramped up production to about 3.8 million barrels a day.

Markets Analysts Opinions on: Wells Fargo & Company
Author: 0 Analysts Opinions on: Wells Fargo & Company

The business's quarterly revenue was down 1.4% on a year-over-year basis. Generation Investment Management Llp who had been investing in Infosys Ltd for a number of months, seems to be bullish on the $38.26 billion market cap company. We are sorry this error occurred, and upon discovery the issue was fixed and the total revenue share received from the third party fund companies (around $15,000) was returned to the pension fund.

Markets Number of Northamptonshire primary school pupils referred for mental health treatment rockets
Author: 0 Number of Northamptonshire primary school pupils referred for mental health treatment rockets

Chris O'Sullivan, head of workplace at the Mental Health Foundation , said: "During this year's Mental Health Awareness Week we're focusing on stress". In 2016, 307 Lincolnshire pupils were referred to the specialist service. More than half of referrals from settings in England for mental health treatment in the last three years were from primary schools, the NSPCC says.

Markets Gas prices rise to levels not seen in more than 3 years
Author: 0 Gas prices rise to levels not seen in more than 3 years

Gas prices saw one of the largest weekly increases since Hurricane Harvey in the last week as oil prices continued to surge, leading to sharply higher prices at the pump, putting the U.S.in peril of striking the $3/gallon level for the first time since 2014.

Markets Oil Prices steady: OPEC says it could offset Iranian supply losses
Author: 0 Oil Prices steady: OPEC says it could offset Iranian supply losses

When the USA again sanctions Iran, their output will be reduced which will create tighter supply of oil around the world and increase the price of oil and petrol. OPEC expects non-OPEC supply to expand by 1.72 million bpd this year, which is higher than the growth in global demand. The chief executive of Sun Global Investment Mihir Kapadia said: "Oil markets have been cautious as the current impact of the United States sanctions on Iran remain unclear, with European and Asian allies ...