Business

Flag mistake: Foreign Ministry extends apology to Indonesian government, people

Flag mistake: Foreign Ministry extends apology to Indonesian government, people Youth and Sports Minister Khairy Jamaluddin has apologised to his Indonesian counterpart over a mistake on the Indonesian flag in a booklet on the Kuala Lumpur SEA Games 2017. Ties between Malaysia and Indonesia are generally cordial, but occasional perceived slights or when cases of an Indonesian maid being abused by a Malaysian employer come to light, passions in the republic flare up. [Full Article...]

Trump hits back at CEOs over response to Virginia violence

Trump hits back at CEOs over response to Virginia violence But after Frazier's announcement this morning, the president shot back with an angry tweet: "Now that Ken Frazier of Merck Pharma has resigned from President's Manufacturing Council, he will have more time to LOWER RIPOFF DRUG PRICES! ". [Full Article...]

South Korean President 'Confident' Of No War With North

South Korean President 'Confident' Of No War With North The comment came in response to a question at a press conference held in the Blue House reception hall to commemorate the 100th day of his presidency when a journalist asked about the possibility of sending an envoy to resume inter-Korean dialogue with the North, which is now cut off. [Full Article...]

Korea's Moon: There will be no war on Korean peninsula

Korea's Moon: There will be no war on Korean peninsula South Korea's President Moon Jae-in, another advocate of diplomacy, reiterated today that he believes it vital to resolve the dispute peaceful, and pointedly warned the United States not to carry out any military action without South Korea's consent. [Full Article...]

(HIBB) Reaches New 1-Year Low at $12.20

(HIBB) Reaches New 1-Year Low at $12.20 The rating was maintained by Canaccord Genuity on Monday, March 14 with "Hold". The rating was maintained by Robert W. Baird on Wednesday, August 24 with "Neutral". (NASDAQ:HIBB) or 10,391 shares. Wall Street await Hibbett Sports, Inc. (NASDAQ:HIBB) for 12,103 shares. Deutsche Bank has "Hold" rating and $34 target. [Full Article...]

Dollar Struggles After Fed Minutes

Dollar Struggles After Fed Minutes The second wave of volatility was fueled by the minutes from the Federal Reserve's July meeting that highlighted a split between FOMC members who wanted to stay the course and continue to raise rates and those members who preferred the Fed slow down the tightening process. [Full Article...]

U.S. law firm initiates probe against Infosys

U.S. law firm initiates probe against Infosys The company's market valuation slumped Rs 22,518.98 crore to Rs 2,12,033.02 crore. The cash amount held by Infosys is set to come down one-third once the buyback completes. In a February interview with India Times , Murthy blasted the state of Infosys' corporate governance practices and Sikka's inflated compensation package. [Full Article...]

Analyst Coverage Updates - Shire Plc (LON:SHP)

Analyst Coverage Updates - Shire Plc (LON:SHP) Fenner plc presently has an average rating of Hold and a consensus price target of GBX 329.10 ($4.27). Finally, Numis Securities Ltd reaffirmed an add rating and set a GBX 690 ($8.96) target price on shares of Just Eat PLC in a research note on Thursday, April 20th. [Full Article...]

Former Uber CEO Lashes Out at VC Firm Benchmark Capital

Former Uber CEO Lashes Out at VC Firm Benchmark Capital Kalanick's lawyers argued that when Benchmark originally threatened to take legal action, they said it would come in "the form of an arbitration demand", according to court filings. The pioneering company has been facing pressure to rein in a no-holds-barred management style led by Kalanick, 40, and to reform its work environment. [Full Article...]

Trump Signs Executive Order On Infrastructure Projects

Trump Signs Executive Order On Infrastructure Projects Speaking at Trump Tower in New York City on Tuesday, Trump unraveled a head-to-toe flow chart allegedly showing the permitting regulations required to build a highway in an unnamed USA state. Trump approved an earlier executive order just four days after taking office to expedite environmental reviews and approvals for high-priority infrastructure projects, and White House officials in Mar... [Full Article...]

White House instability hits markets hard, ASX set for sharp fall

The White House , however, announced that Cohn will stay and continue to focus on advancing the administration's economic agenda. "Trump has already this week been forced to dissolve his manufacturing council and the strategic and policy forum, while his infrastructure council never even got off the ground, after numerous CEO's withdrew from the initiatives due to his response to the white su... [Full Article...]

Watch The Final Trailer For 'Marvel's The Defenders'

For starters, they always take their time announcing renewals, no matter how successful a show is. Before that, I wasn't as into Marvel but now I'm fully in. Also featured will be detective Jessica Jones . Marvel's The Defenders will hit Netflix in its entirety on August 18, and today, each character's Twitter account posted a new The Defenders promo and a character clip with a defi... [Full Article...]

Nash latest MP caught up in dual-citizenship saga

Xenophon, who just three days ago joked with Senate colleague Sam Dastyari that he was not a Greek citizen, confirmed he was getting advice as to whether he may be a United Kingdom citizen by descent. Australian-born Xenophon, leader of his eponymous three member NXT party, says he will not resign from the Senate if he is found to be a dual national and will also refer the matter to the High Court... [Full Article...]

Facebook downranks video clickbait & fake play buttons

Facebook downranks video clickbait & fake play buttons Videos and GIFs are an increasingly-popular medium on Facebook to express in a way people want to. News Feed Product Manager Greg Marra said in a statement that the social-networking giant prohibited fake play buttons in adverts under its policy against showing non-existent functionality for a few years. [Full Article...]

'You're Fired!' Trump Dissolves 2 Advisory Councils as Isolation Deepens

'You're Fired!' Trump Dissolves 2 Advisory Councils as Isolation Deepens As Americans, we are all united in our desire to see our country succeed". "But this group can no longer serve the objective for which it was formed". Prime Minister Teresa May, enveloping his seven-month-old presidency in controversy and leaving him increasingly isolated. He also tweeted that he was disbanding the councils. [Full Article...]

Nasarawa State pilgrims arrive Saudi Arabia

Nasarawa State pilgrims arrive Saudi Arabia King Salman agreed to open the Salwa border crossing to allow all Qatari citizens who want to enter for the Haj pilgrimage. He even ordered that private jets belonging to Saudi airlines be sent to Doha airport "to bring all Qatari pilgrims on his expenses". [Full Article...]

German growth robust, but unimpressive

German growth robust, but unimpressive The growth was driven by domestic demand, as household and government consumption "increased markedly", according to the Federal Statistical Office . Germany has seen "several years of pretty strong economic performance", Jack Allen, a European economist at Capital Economics in London, said before the report. [Full Article...]

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...]


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