Business

Business European Union threatens to veto United Kingdom offer to European Union nationals
Author: 0 European Union threatens to veto United Kingdom offer to European Union nationals

In a letter Monday to European Union chief negotiator Michel Barnier and seen by The Associated Press, the group said "the United Kingdom does not respect the principles of reciprocity, symmetry and non- discrimination". Meanwhile, 68 per cent of Scottish and United Kingdom respondents believe there should be a transition period of at least three years following the UK's exit in March 2019.

Business China's Wanda is selling a chunk of its assets for $9.3 billion
Author: 0 China's Wanda is selling a chunk of its assets for $9.3 billion

The price tag for the hotels is 33.6 billion yuan. The purchase is actually two separate deals: one for 76 hotels owned by Wanda, and another for 91 percent of 13 culture and tourism projects that Wanda owns. A major shopping-mall developer, Wanda moved into theme parks as part of a broader shift into entertainment that began with acquisitions of Chinese cinemas in 2006.

Business Vatican outlaws gluten-free bread for Holy Communion
Author: 0 Vatican outlaws gluten-free bread for Holy Communion

The rules set a new standard since the bread ingredients are now available via supermarkets and the internet. They were also responsible with producing the wine for the same ritual. "Low-gluten hosts are valid matter", the letter continues. "It's because it keeps its tradition - and sometimes it can be very hard to follow, but I think that they're just trying to keep strong in a society that is kind of turbulent", she added.

Business Tillerson calls on Russian Federation to reduce tensions in Ukraine
Author: 0 Tillerson calls on Russian Federation to reduce tensions in Ukraine

Guterres made the appeal as US Secretary of State Rex Tillerson met President Petro Poroshenko for talks in Kiev expected to reinforce US support for Ukraine and urge it to enact reforms. Under the Obama administration, the USA had taken a hand's-off approach to Minsk, allowing the Europeans to take the lead. European assessments aside, the Trump administration has also signaled a rethinking of previous U.S.

Business Stripe's global partnership with Alipay, WeChat Pay opens China to the world
Author: 0 Stripe's global partnership with Alipay, WeChat Pay opens China to the world

Merchants on this platform will now be able to expand easily into the Chinese market which has previously been largely inaccessible due to expensive transaction processes. Alipay, the payments platform of Ant Financial - the financial arm of e-commerce giant Alibaba has over 500 million users on its platform. "If you are an internet business, this unlocks a new vast customer base", John Collison, Stripe's president and co-founder, told Reuters .

Business Helio Castroneves Ends Winless Drought At Iowa
Author: 0 Helio Castroneves Ends Winless Drought At Iowa

He has finished second in the standings four times, but Sunday's win, coupled with Scott Dixon's eighth-place finish, drew Castroneves within eight points of the series lead with six races remaining. But he lost his lead when Castroneves beat him off pit lane after Carlos Munoz's crash brought on a caution halfway through the race. But Castroneves was back in front with just over 30 laps left and used the fresh air - and the good fortune of a long green-flag run - to cruise to victory.

Business Elon Musk unveils first look at cheaper Tesla Model 3 sedan
Author: 0 Elon Musk unveils first look at cheaper Tesla Model 3 sedan

The new vehicle costs $35,000, almost half the price of Tesla's next-cheapest auto, the Model S. The lower price point could help broaden the brand's appeal. The Silicon Valley auto-maker revealed that its sales could have been better if not for a "severe production shortfall" of battery packs, which until early June caused production to average about 40% below demand.

Business COSCO offers $6.3b for OOIL
Author: 0 COSCO offers $6.3b for OOIL

It would be the latest in a wave of mergers, which has left the top six shipping lines controlling nearly two thirds of the market. OOIL's shipping subsidiary, OOCL, has a 2.7 percent slice of the market. The family of Hong Kong's first Chief Executive Tung Chee-hwa founded OOIL, and still holds a 69% stake in the company. COSCO Shipping itself was created from the state-driven merger of former rivals China Ocean Shipping (Group) Company and China Shipping Group.

Business Wall Fire at 4400 acres
Author: 0 Wall Fire at 4400 acres

Meantime, two major brush fires in Santa Barbara and San Luis Obispo counties continued to burn fiercely. The fire has burned about 200 acres and started at about 3:30 p.m. On the ground, 16 water tenders, 19 dozers and 169 engines are attacking the flames. All roads/areas east of Oakvale Ave. from Highway 162 to Oro Bangor Hwy including Oro Bangor Highway to Miners Rd.

Business U.S. lifts electronic devices ban on Qatar Airways flights
Author: 0 U.S. lifts electronic devices ban on Qatar Airways flights

DUBLIN/DUBAI Qatar Airways said on Thursday passengers traveling to the United States can now carry their laptops and other large electronics on board, ending a three month in-cabin ban on devices for the Doha-based airline. On Wednesday, Qatar's foreign minister said he did not believe Qatar Airways' delay in getting off the laptop ban list had anything to do with the dispute.

Business Hawaii judge won't step in on Trump travel ban enforcement
Author: 0 Hawaii judge won't step in on Trump travel ban enforcement

Last week, the U.S. Supreme Court had reinstated parts of Trump's executive order that banned for 90-days entry of travellers from Yemen, Iran, Sudan, Somalia, Syria, and Libya. The Department of Justice lawyers filed court papers citingthat the government's definition "hews closely to the categorical determinations articulated by Congress in the Immigration and Nationality Act".

Business James Cordens wife Julia pregnant with third child
Author: 0 James Cordens wife Julia pregnant with third child

The Late Late Show host and his wife already have six-year-old Max Corden and two-year-old Carey Corden together, after being married in 2012 , but now there's another bun in the oven and soon a third child in the family! Julia is believed to be five months pregnant, with their new arrival expected in December.

Business Jay-Z's '4:44: Album Goes Certified Platinum Within a Week
Author: 0 Jay-Z's '4:44: Album Goes Certified Platinum Within a Week

This is on top of the 1 million copies purchased by Sprint for the initial exclusive rights to the album . There's no clear indication of what will happen to Kanye's current tracks on Tidal , but it's safe to say this probably isn't the last we hear of the brewing Jay Z/Kanye West feud.

Business Indian squad for Sri Lanka series announced
Author: 0 Indian squad for Sri Lanka series announced

Rohit's last Test was against New Zealand a year ago. He underwent surgery after injuring his thigh during the One-Day International series against New Zealand and had not played competitive cricket for four months. India is set to play 3 Tests, 5 ODIs and one T20I during this series. KL Rahul returns to the side after recovering from a shoulder injury. Squad: Virat Kohli (captain), Murali Vijay, Lokesh Rahul, Cheteshwar Pujara, Ajinkya Rahane (vice-captain), Rohit Sharma , Ravichandran ...

Author: 0 DCP Midstream Partners, LP (DCP) Debt Trading 1.8% Lower

Southwestern Energy Company (NYSE:SWN) has declined 41.00% since July 7, 2016 and is downtrending. Cim Llc increased Novo (NVO) stake by 21.84% reported in 2016Q4 SEC filing. Raymond James has "Outperform" rating and $80 target. Howard Weil cut shares of Rice Midstream Partners from a "sector outperform" rating to a "sector perform" rating in a research report on Monday, June 26th.

Business Accused in Junaid lynching being interrogated
Author: 0 Accused in Junaid lynching being interrogated

Addressing a press conference after the arrest of the prime accused, Government Railway Police (GRP) SP Kamaldeep Goyal said that the accused has confessed to stabbing Junaid and his brother during police interrogation. The police also released a sketch of the accused based on Junaid's brother's account was flashed by the police. The police had earlier arrested five persons, including a Delhi government employee.

Business G20 leaders oppose Trump over 'irreversible' deal to tackle climate change
Author: 0 G20 leaders oppose Trump over 'irreversible' deal to tackle climate change

A crowd of 12,000 had gathered at the Global Citizen Festival before the G20 summit to talk climate and environmental action, featuring in-person addresses from Canadian Prime Minister Justin Trudeau , former UK Prime Minister Gordon Brown , and Argentinian President Mauricio Macri; and performances by Pharrell , Ellie Goulding , Shakira and Coldplay (you can watch more of the proceedings at the Global Citizen YouTube channel ).

Author: 0 Nadal scorches into Wimbledon second week

She faces Simona Halep next. Defending champion Andy Murray and fourth seed Rafael Nadal will lead the men's charge at Wimbledon on Friday as they play their third-round matches on Centre Court. "He came here playing good matches on grass, semifinals in Halle one week and a half ago, playing good match in semi-finals", Nadal said of Khachanov.

Author: 0 Next Weeks Broker Price Targets For Cheniere Energy, Inc. (LNG)

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Alliancebernstein L.P. now owns 10,748 shares of the company's stock worth $347,000 after buying an additional 3,104 shares during the last quarter.

Business Every new Volvo will have an electric motor, starting in 2019
Author: 0 Every new Volvo will have an electric motor, starting in 2019

That said, Volvo's recent announcement is still significant, with company CEO Håkan Samuelsson declaring "the end of the exclusively combustion engine-powered auto". This move puts Volvo in competition with Tesla. "People increasingly demand electrified cars and we want to respond to our customers' current and future needs".

Business USA to conduct test of THAAD missile defense system
Author: 0 USA to conduct test of THAAD missile defense system

The U.S. Missile Defense Agency said July 7 that it will within days test a sophisticated anti-ballistic missile system after North Korea this week launched a missile deemed capable of striking Alaska. Lockheed Martin , the prime contractor for the THAAD system , said it has the ability to intercept incoming missiles both inside and outside the Earth's atmosphere.

Business Trend India: PM Modi sends out strong message against terror
Author: 0 Trend India: PM Modi sends out strong message against terror

Addressing the G20 summit in this German city, he equated the Lashkar-e-Taiba and the Jaish-e-Mohamamd, as also the Haqqani network to the Islamic State and al-Qaeda, saying their names may be different but their ideology is the same. The leaders also called upon their border agencies to strengthen cooperation between nations to detect the terrorists more efficiently by identifying priority transit and destination countries of terrorists.

Business US adds 222K jobs in June
Author: 0 US adds 222K jobs in June

Many economists believe the country is at or near " full employment ", meaning there aren't many more available and skilled workers waiting for a job. The manufacturing index known as ISM also hit its highest mark in June in almost three years. The latest figures will increase the probability that the US Federal Reserve will once again raise interest rates this year.

Business Abe, Trump hold talks, eye greater pressure on N. Korea
Author: 0 Abe, Trump hold talks, eye greater pressure on N. Korea

Shortly after their meeting, Trump said he had told Xi that China would get a better trade deal if it worked to rein in North Korea, whose nuclear and missile programs have become an increasing threat to the United States. Without a coherent strategy that combines economic pressure and direct negotiations, Markey argued, "we will be forced to choose between the increasingly unsafe status quo and a catastrophic military escalation".

Business PM Modi leaves for home as G20 Summit concludes
Author: 0 PM Modi leaves for home as G20 Summit concludes

Taking their newly formed friendship a step ahead, the US President Donald Trump walked to Prime Minister Narendra Modi for an impromptu interaction, reported news agency PTI. Apart from this Prime Minister Narendra Modi also met the Norwegian PM Erna Solberg on Saturday afternoon at Hamburg . The India-South Korea relationship was upgraded to that of a special strategic partnership during Modi's visit to Seoul in May 2015.

Author: 0 Are Analysts Bullish about IAMGOLD Corp (TSE:IMG) after last week?

Hedge funds and other institutional investors own 57.68% of the company's stock. The return on assets ratio of the Company was -0.50% while its return on investment ratio was 0.10%. DHI offered 60.00% EPS for prior five years and the earnings per share (EPS) growth projected to be 16.40% in the coming year. The share price of the company (NYSE:IAG) was down -1.36%, with a high of 5.16 during the day and the volume of Iamgold Corporation shares traded was 4050764.

Business Ivanka sits in for Trump at G20
Author: 0 Ivanka sits in for Trump at G20

President Trump and the Republicans' attempts to repeal and replace Obamacare could involve massive federal cuts to Planned Parenthood , Trump's immigration ban is heading to the U.S. "Always have been, from day one, I have to tell you that, from day one, she has always been great". "This is going to be what we hope will be a multibillion dollar fund to support women entrepreneurs", World Bank President Jim Yong Kim said.