Business

Gold buoyed by North Korea tensions, U.S. inflation data

Gold buoyed by North Korea tensions, U.S. inflation data Global benchmark Brent also fell 0.9 per cent to $51.44, after Thursday's 1.5 per cent drop. South Korea's KOSPI fell 1.4 percent, taking its losses this week to almost 3 percent. The franc fell 0.8 percent against the USA dollar to 0.9694 francs, its biggest drop since July 27 according to Thomson Reuters data. It is set for a weekly gain of 2.4 percent. [Full Article...]

Higher food prices accelerate India's retail inflation

Higher food prices accelerate India's retail inflation RPI, a separate measure of inflation which includes council tax and mortgage interest payments, is expected to grow by 3.5% in July, the same rate as June. Wholesale rose to 1.88 per cent in July - first rise in five months - and retail inflation jumped to 2.36 per cent in July after easing for three straight months. [Full Article...]

Lost Engagement Ring Turns Up 13 Years Later Wrapped Around A Carrot

Lost Engagement Ring Turns Up 13 Years Later Wrapped Around A Carrot An 84 year old grandmother was blown away this week after her misplaced engagement ring turned up. Now she has two engagement rings , double the bling. But the farm near Armena, Alta., has been in the family for 105 years and they still maintain a garden there. Mary married Norman in 1951 and he had given the ring to her a year before when they agreed to Wednesday. [Full Article...]

Labour Minister Bains to make minimum wage announcement this afternoon

Labour Minister Bains to make minimum wage announcement this afternoon Labour Minister Harry Bains said Tuesday a fair wages commission will be established in the coming weeks to plan how to raise the rate without hurting businesses. Premier John Horgan said moving toward a $15 minimum wage is long overdue in making life more affordable for British Columbians. "At the same time we're raising the minimum wage in an incremental way, in a predictable way, so that we... [Full Article...]

Train Derails At London Waterloo, Causing Huge Delays

Train Derails At London Waterloo, Causing Huge Delays Commuters have been advised to avoid travelling into London and to avoid Waterloo station. THERE is more misery for rail passengers today due to a derailed train and points problem. "Work to "re-rail" the train is under way this afternoon". Plans for the cross-London line take in Shepperton, Epsom, Hampton Court and Chessington South on its southern tip . [Full Article...]

USA retail sales surge in July on strong autos

USA retail sales surge in July on strong autos Online and other non-store sales increased 1.3 percent seasonally adjusted over June and increased 11.4 percent unadjusted year-over-year. The retail report can be quite volatile and subject to large revisions. Internet-driven purchases probably received a boost from the spike in online shopping tied to Amazon.com's Prime Day event. A broader retail sales measure that includes cars and building ... [Full Article...]

Charlottesville vigil being held Monday in Beaufort

Charlottesville vigil being held Monday in Beaufort I mean what are you thinking man?" "Historically, here in South Carolina, Georgia, the South.... we still bear the marks of slavery, Confederacy", said Charlie Tyler with Indivisible Beaufort, "Even though it's been 150 years since the Confederacy lost that war, we still feel the impact of it... [Full Article...]

Air Berlin Files for Bankruptcy Following Etihad Airways Pull Out

Air Berlin Files for Bankruptcy Following Etihad Airways Pull Out Air Berlin said it's now in talks with German flag carrier Lufthansa for parts of its business. The carrier, which had accumulated debt since 2008, announced a record loss of over €780 million ($910 million) past year. Ryanair complained to the European Commission and Germany's competition regulator, the Bundeskartellampt, that the government and Lufthansa were conspiring to carve up Air ... [Full Article...]

Okla. man charged in plotting anti-government bombing

Okla. man charged in plotting anti-government bombing Mr. Varnell is charged with attempting to use explosives to destroy a building in interstate commerce. US Attorney Mark Yancey said at the same press conference on Monday that Varnell was in the custody of the US Marshals Service ahead of an anticipated appearance before federal court in Oklahoma City on Monday afternoon. [Full Article...]

Merck CEO Quits Trump Council as 'Matter of Personal Conscience'

Merck CEO Quits Trump Council as 'Matter of Personal Conscience' Doug McMillon and dozens of other CEO advisers to President Donald Trump were silent on Monday over his lukewarm response to racist violence over the weekend as one executive stepped down from an advisory council to him. Unilever CEO Paul Polman on Twitter wrote , "Thanks @Merck Ken Frazier for strong leadership to stand up for the moral values that made this country what it is". [Full Article...]

GB Group plc (LON:GBG) Given Average Rating of "Buy" by Brokerages

GB Group plc (LON:GBG) Given Average Rating of On Thursday, January 26 the stock rating was initiated by Citigroup with "Buy". As per Thursday, January 14, the company rating was maintained by Morgan Stanley. It now has negative earnings. The firm has "Outperform" rating by Barrington Research given on Wednesday, June 8. Investors sentiment increased to 1.71 in Q4 2016. [Full Article...]

Global markets jarred by North Korea fears

Global markets jarred by North Korea fears Developments regarding the situation with North Korea may remain in focus next week, although traders are also likely to keep an eye on reports on retail sales, housing starts, and industrial production. Discovery Communications fell 70 cents, or 2.9 percent, to $23.60. On the Nasdaq, 1,440 issues fell and 1,386 advanced. OIL: Benchmark U.S. crude lost 24 cents to $48.37 per barrel on the on the... [Full Article...]

Gold steady near two-months highs as North Korea tensions lend support

Gold steady near two-months highs as North Korea tensions lend support Bond prices rose. The yield on the 10-year Treasury note slipped to 2.19 percent from 2.20 percent late Thursday. For the week the S&P fell 1.4 per cent and the Dow lost 1.1 per cent - their largest weekly drops since the week ending March 24 - and the Nasdaq was off 1.5 per cent. [Full Article...]

Trump to call for China trade investigation

Trump to call for China trade investigation There is no deadline for deciding if any investigation is necessary. Trump informed Chinese President Xi Jinping Friday night of the upcoming memorandum, a senior administration official told CNN Friday. "They know how I feel", he told reporters on Thursday. Mr Rudd said Mr Trump was unique to past USA presidents dating back to 1993 who have dealt with the North Korean regime because he sees a... [Full Article...]

Tesla Model 3 battery output revealed

Tesla Model 3 battery output revealed According to Tesla CEO Elon Musk , the Model 3 will represent an enormous advance in architectural efficiency by requiring a fraction of the electrical wiring that is needed in its older vehicle, the Model S. To illustrate what's at stake, let's imagine that Tesla does not raise money today, and a year from now, something unforeseen comes up: a supplier goes under, a recall happens, or the... [Full Article...]

Shah invites Bihar CM to be NDA convener

Shah invites Bihar CM to be NDA convener On Friday, Bihar CM Nitish Kumar broke silence on series of Sharad Yadav's rebellion statements by saying that he is free to make his own decisions. In a tweet on Saturday morning, Shah spoke about their meeting on Friday and that he had invited Nitish to join the BJP's coalition. [Full Article...]

Gold up on rising US-North Korea tensions

Pacific island territory of Guam in an unusually detailed threat that further heightened tensions with the United States. A report released by the Commerce Department on Wednesday showed wholesale inventories in the USA rose by slightly more than expected in the month of June. [Full Article...]

BC NDP government hires legal advice for Kinder Morgan challenges

BC NDP government hires legal advice for Kinder Morgan challenges Kinder Morgan recently announced it would begin construction on portions of the pipeline in September. "Some of the tools that were available to BC previously were given away by the previous government when they agreed to accept the National Energy Board review as its own review". [Full Article...]

Gold holds gains in Asia with North Korea tension setting the tone

Gold holds gains in Asia with North Korea tension setting the tone Plus, Disney changes direction; the retail stock set to drop 22%; and geopolitical risk rattles global markets. The stock lost $2.36 to $20.67. Just hours after U.S. The stage was set for the USA indexes to go lower early Wednesday as investors around the world reacted to the rising war of words between the US and North Korea , pushing global market indexes lower. [Full Article...]

Markets Right Now: Stocks open lower on Wall Street

Markets Right Now: Stocks open lower on Wall Street In 3.28pm trading in NY, the Dow Jones Industrial Average fell 0.15 percent, while the Nasdaq Composite Index declined 0.18 percent. The Standard & Poor's 500 index fell 5.99 points, or 0.2 percent, to 2,474.92. Gold and bond prices were headed higher. "The president also has the power in the Constitution to defend the USA and take all necessary measures if we are threatened, I struggle ... [Full Article...]


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