Markets

Markets South African recession puts fiscal targets at risk -Treasury
Author: 0 South African recession puts fiscal targets at risk -Treasury

The optimists focused on the steady improvement in the year-on-year (y/y) growth rate that has increased from a dismal -0.6 per cent y/y in the first quarter 2016 to 1.0 per cent y/y in the first quarter 2016. Perhaps most meaningfully of all, Australia has had two episodes where the unemployment rate has risen by one percentage point or more in 12 months or less (in 2001 and 2009).

Markets Trump and Sessions have had heated exchanges
Author: 0 Trump and Sessions have had heated exchanges

According to the piece by Jonathan Karl , " Sessions at one point recently even suggested he could resign" with tensions rising between him and the president. Sessions was among Trump's earliest and most ardent supporters during the presidential campaign - a loyalty that Trump rewarded by nominating the long-time Alabama senator to be his chief law enforcement officer.

Markets IOS 11 vs iOS 10: What's New in iOS 11
Author: 0 IOS 11 vs iOS 10: What's New in iOS 11

Has iOS 11 just teased a MAJOR new iPhone 8 feature? There's also the Apple Files app which pulls all your files together, even working with Dropbox and Google Drive as well as iCloud , so everything's in one place. "Together with iOS 11 , these new iPad Pro models will radically change what users can do with iPad". With ProMotion, Apple Pencil is more responsive with a 20-millisecond latency for more fluid and natural drawing.

Markets UNC Basketball: Cameron Johnson commits to UNC
Author: 0 UNC Basketball: Cameron Johnson commits to UNC

NCAA rules allow transfers who have earned their degrees to play immediately. Johnson, who graduated from Pittsburgh in three years with an impressive 3.9 GPA, averaged 11.9 points, 4.5 rebounds and 2.3 assists per game while shooting 42 percent from beyond the 3-point line.

Markets The Liverpool House Summit: What did Obama and Trudeau talk about?
Author: 0 The Liverpool House Summit: What did Obama and Trudeau talk about?

Trudeau tweeted a photo of their casual dinner at Liverpool House in St. Henri after Obama's stirring speech to the Montreal Chamber of Commerce . Acknowledging that it is a time of uncertainty, Obama encouraged the public to retain confidence in some of the very institutions, such as the UN, NATO and NAFTA, that Trump has repeatedly called into question.

Author: 0 Apple taking on Venmo with peer-to-peer payments

According to an estimate by Forrester Research , the total peer-to-peer payments market will reach $17 billion in transaction volume by 2019, Fortune reported. Customers can then use either their iPhone (or linked Apple Watch) to pay at retail stores equipped with point-of-sale registers supporting near-field communication (NFC) technology, which enables frictionless payments between smartphones and registers.

Markets OECD Says Global Growth
Author: 0 OECD Says Global Growth "Better But Not Good Enough"

The OECD expects the US economy to grow 2.1% this year and next, a pace that would lead growth rates for most of the G-7 members states, while Eurozone GDP holds a 1.8% expansion rate over the same period. Growth was helped by an acceleration in exports thanks to improved demand from Europe and competitiveness gains delivered by exchange rate depreciation, it said.

Markets Iranian Parliament, Khomeini shrine attacked
Author: 0 Iranian Parliament, Khomeini shrine attacked

The Press TV broadcaster, meanwhile, said one of the mausoleum assailants "has reportedly killed himself by swallowing cyanide". The Tasnim news agency said that the identity and motivation of the assailant was still unclear. "There were three attackers armed with two Kalashnikov rifles and one colt pistol", MP Elyas Hazrati was quoted as saying. At the same time, a gun and suicide bomb attack targeted the Ayatollah Khomeini mausoleum on the southern outskirts of the Iranian capital.

Markets Trump speaks to Saudi king as Gulf crisis deepens
Author: 0 Trump speaks to Saudi king as Gulf crisis deepens

Officials say that the president and his top aide and son-in-law Jared Kushner have been impressed by Saudi Arabia's dynamic young deputy crown prince Mohammad bin Salman, who is vying to become the country's next king. The rift has affected global oil prices, hit travel plans and sown confusion among businesses. As the crisis deepened among the closest US Gulf allies, Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani told CNN's Becky Anderson that the Saudi statement ...

Markets Islamic State claims responsibility for rare double attack in Iran's capital
Author: 0 Islamic State claims responsibility for rare double attack in Iran's capital

Members of Iran's Parliament gathered on the podium during Wednesday's attack in Tehran . Sunni extremists, including the IS, despise Shiite-majority Iran. The statement from the Islamic State did not mention a third attack. Four attackers were said to have targeted the shrine. Iran has suffered from terrorist attacks in the past, but rarely in the cities or the capital.

Author: 0 Fears man lost in river in London attack

British police on Tuesday named the third London Bridge attacker as an Italian national of Moroccan descent, and Italian officials said they had passed on their concerns about him to British intelligence officials a year ago. Neighbors of Butt's told MailOnline that Butt was run over outside his house in east London aged around eight, breaking his teeth and leaving his leg badly damaged.

Markets Market opens higher ahead of RBI policy outcome
Author: 0 Market opens higher ahead of RBI policy outcome

Intra-day, the Nifty slumped to a low of 9,630.20 before closing at 9,637.15, a steep loss of 37.95 points, or 0.39%. In investments, provisional data with the exchanges showed that foreign institutional investors (FIIs) purchased stocks worth Rs 73.79 crore, while domestic institutional investors (DIIs) bought scrips worth Rs 166.22 crore.

Markets Five-star QB Justin Fields decommits from Penn State
Author: 0 Five-star QB Justin Fields decommits from Penn State

Six months later, he's known as one of the top prospects, period. The No. 6 player and No. 1 dual-threat signal caller in the nation, Fields is everything Florida has desired in a quarterback recruit since head coach Jim McElwain took over the program.

Markets The latest acquisition by Paytm founder Vijay Shekhar
Author: 0 The latest acquisition by Paytm founder Vijay Shekhar

The LBZ has approximately 1,000 bungalows but only 65-70 of these properties are for private use, the others being owned by the government. Paytm Founder Vijay Shekar Sharma said in a statement, "This investment by Softbank and support of the incredible entrepreneur Masa Son is a great endorsement of our team's execution and vision".

Author: 0 OPEC and non-OPEC nations poised to extend output cuts

The sharp fall in oil prices in 2014 forced Russian Federation and Saudi Arabia to plan a freeze in output while it led to political unrest countries including Venezuela and Nigeria . While he expects a "healthy return" for USA shale, that won't derail OPEC's goals. Even a decision to maintain oil cuts thus is likely to only kick the can down the road from Thursday's meeting until OPEC ministers convene again late this year.

Markets Apple debuts HomePod speaker to bring Siri into the living room
Author: 0 Apple debuts HomePod speaker to bring Siri into the living room

Or if someone texts you about owing money, it will ask if you want to pay using Apple Pay. Apple said, " HomePod is smart enough to sense where in the room it's playing". By setting their sights on Sonos and focusing on premium Siri-powered smart speaker technology for music lovers, Apple is once again making their product stand out in an increasingly crowded market.

Markets Disparity between RBA and bank rates confusing mortgagors
Author: 0 Disparity between RBA and bank rates confusing mortgagors

Up to now, economists expected the RBA to hold or raise rates throughout the coming year but now markets are not ruling out further easing from the central bank, especially after the latest construction and wage growth data. The volume of exports dipped by 1.6 percent in Q1, largely driven by a decline in resource exports. "Slow growth in real wages is restraining growth in household consumption", he said.

Markets Man arrested in raid in connection with London attack
Author: 0 Man arrested in raid in connection with London attack

There has been widespread praise of the quick response on Saturday from armed police, who killed the three attackers with 50 shots within eight minutes of the alarm being raised. The pound rose on currency markets, which favour May over Corbyn, after the latest ICM poll, taken between June 2 and June 4 and published on Monday, suggested the Conservatives were ahead by 11 points.

Author: 0 Tackling terrorism top of election campaign agenda

Jeremy Corbyn has called on Theresa May to resign as Prime Minister over her record on cuts to police numbers as the political row over recent terror events intensified. "We have seen reductions in police numbers across the board", Bradley said, after being challenged repeatedly about falling armed police numbers in the wake of cuts to the service when May was home secretary.

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