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France's Macron and Italy's Gentiloni present a united front over EU

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Diplomats said Macron wanted to fine-tune policy to ensure countries were also given more help to develop rather than just focusing on security aspects. He said German Chancellor Angela Merkel told him she backs the idea during a meeting in Berlin earlier this week. "Emmanuel Macron made the commitment during the campaign to immediately go and see troops engaged in the fight against terrorism", said a senior French diplomat. Read More »

Ford plans big job cuts

Ford is to announce a plan to cut 10% of its global workforce later this week, the Wall Street Journal reported late Monday. The paper says that most of the jobs will be salaried workers who do not have union protection, rather than the 57,000 US hourly staff who work on assembly lines. Read More »

China's LeEco founder cedes control of listed unit amid cash crunch

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Liang Jun, Leshi's new general manager, previously spent six years at Lenovo Group Ltd. and before that was deputy general manager at Leshi Zhixin, LeEco's strongest unit financially. "But Jia's resignation means that there will be a clear differentiation between its listed video business and its unlisted businesses such as its electric vehicle unit", Zhang said. Read More »

Merkel, Macron Promise to 'Crisis Proof' EU Amid 'Historic Reconstruction'

Macron made his first trip as president to Berlin on Monday for talks with Merkel on reinvigorating German-French ties, strengthening the European Union and boosting investment within the euro area. It will no longer be the case", said the French president, who earlier arrived at the chancellery to cheers from a crowd chanting "Macron! Merkel said that Germany needs France to succeed, emphasising that "Europe will only do well if there is a strong France". Read More »

Ford Replacing CEO Mark Fields In Management Shakeup

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Fields has been under scrutiny by Ford's board, which scheduled extra meeting time to drill him on his plans for reversing the company's fortunes, according to a person familiar with the discussions. GM's Chevrolet Bolt electric auto, with 238 miles of range, went on sale a year ago; Ford is working on an electric SUV with 300 miles of range, but it's not due out until 2020. Read More »

JBS executive says he illegally paid millions to Brazil leaders

By Friday afternoon, O Globo , the flagship paper of Brazil's largest media company, was calling for Mr Temer's resignation, delivering a significant blow to his prospects of survival. Mr Temer's administration has questioned both the legality and content of the recording. Demonstrators take part in a protest against Brazil's President Michel Temer in Sao Paulo, Brazil, May 18, 2017. Read More »

How Many J Sainsbury plc (LON:SBRY)'s Analysts Are Bullish?

As per Monday, May 15, the company rating was upgraded by Wunderlich. On Monday, November 21 the stock rating was downgraded by BNP Paribas to "Neutral". As per Wednesday, April 5, the company rating was downgraded by Credit Suisse. 27/07/2016 - Victrex plc had its "Neutral" rating reiterated by analysts at JP Morgan Cazenove. Read More »

Saudi, UAE pledge $100m to Ivanka Trump's fund for women

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Adam Schiff, D-Calif., said on CNN. Addressing a gathering of about 50 Muslim-majority countries, US President Donald Trump said all countries must ensure that terrorists do not find sanctuary on their soil. Norm Eisen, former ethics official for the Obama Administration and a regular critic of the Trump family's conflicts of interest, noted in an email to NPR, "In my view foreign government donations to a fund run by a reputable worldwide organization like the World Bank for a good ... Read More »

Allegedly unruly man disrupts trans-Pacific flight

Cellphone videos recorded by multiple travelers on board United Flight 87 out of Shanghai Pudong International Airport on Sunday afternoon captured the commotion sparked by the purported Trump supporter. He finally relents, but not before berating some female passengers and crew, calling one passenger "Hillary" (lol) and "lesbian". But the three-hour delay caused by his behavior meant that the plane had to land at San Francisco International Airport to get a new crew because the one on ... Read More »

Trump waives nuclear sanctions on Iran

The sanctions target Iranian officials involved with developing the country's ballistic missile program as well as Chinese suppliers of ballistic missile technology. The National Iranian American Council welcomed the president's decision, but voiced concern about the administration's commitment to the Joint Comprehensive Plan of Action agreement with Iran. Read More »

Rovio to release "Angry Birds" movie sequel in 2019

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Columbia Pictures and Rovio Entertainment announced that a sequel to last year's animated film will hit theaters on September 20, 2019 , a release date coinciding with the 10th anniversary of the original mobile gaming app. "We had an incredible experience working with our friends and creative partners at Rovio, and now we - including our team at Sony Pictures Imageworks - are ready to launch into this next adventure", said Sanford Panitch, president of Columbia Pictures. Read More »

Defense Stocks Reach Record Highs on Saudi Arms Deal

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Jet maker Boeing also signed deals with Saudi Arabia during President Trump's weekend visit, involving the sale of military and passenger aircraft. The highest gains seen on the Lockheed Martin Corp. The program is projected to support 18,000 skilled jobs in the USA, along with thousands of jobs maintaining the equipment in Saudi Arabia for the next 30 years. Read More »

Stock under Review: Avon Products Inc. (AVP)

Gabelli Funds Limited Liability Corporation has 0.01% invested in Avon Products, Inc. Investors sentiment increased to 1.17 in Q4 2016. State Treasurer State of MI now owns 177,955 shares of the company's stock worth $783,000 after buying an additional 2,100 shares during the last quarter. Read More »

Surge in FMCG stocks lifts Indian equity markets

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Gains in FMCG stocks like ITC, which surged over 6%, IT stocks and Larsen & Toubro helped Sensex to advance for a second day. The benchmark BSE Sensex index ended up 0.4%, or 106.05 points, to 30,570.97, while the broader NSE Nifty 50 added 0.1%, or 10.35 points, at 9,438.25. Read More »

Blackstone pursues $100bn investment deal with Saudi fund

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The country's Public Investment Fund agreed to commit $20 billion to Blackstone's BX, +2.02% new infrastructure fund in the latest push around the world by large investors to buy up airports, pipelines and other public projects, particularly in the U.S. Read More »

BMW India Fastest To Pass On GST Benefits To Customers

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As the Narendra Modi is about to complete three years in office, its biggest achievement on economic front would be the Goods and Services Tax which is near a roll-out, while financial inclusion, digitisation and public investment on infrastructure like railways and power distribution are perceived as other credible steps for structural changes in the economy, the ASSOCHAM has said. Read More »

High possibility of conflict: S. Korean PM

At the Pentagon, Defense Secretary Jim Mattis said the missile test showed North Korea isn't heeding cautions from the worldwide community. Trump has said "a major, major conflict" with North Korea is possible and all options are on the table but that he wanted to resolve the crisis diplomatically, possibly through the extended use of economic sanctions. Read More »

Trump sees "rare opportunity" for peace as he arrives in Israel

After Israel and the Palestinian territories, Trump will head to the Vatican along with Brussels and Italy for North Atlantic Treaty Organisation and G7 meetings. Trump's presidency has received widespread negative coverage in the USA and worldwide media, not least over his firing of FBI director James Comey and amid an investigation into ties between his administration and Russian Federation. Read More »

Trump lands in Israel

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Hoping to re-start frozen Israeli-Palestinian peace talks, Trump earlier landed in Israel on the second leg of a trip that began with a weekend visit to Saudi Arabia. White House aides have tried to play down expectations for significant progress on the peace process during Trump's stop, casting it as more symbolic than substantive. Read More »

Switzerland votes to phase out nuclear power

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The country'sEnergy Strategy 2050 law, passed by the referendum, also sets out ambitious goals to reduce carbon emissions. But, according to the president of Switzerland's Green party, Regula Rytz , the vote was a " moment of historic change ", BBC reported. Read More »

Duke Realty Corp (NYSE:DRE) Institutional Investors Sentiment Change

Mosaic Family Wealth LLC now owns 3,294 shares of the real estate investment trust's stock worth $196,000 after buying an additional 100 shares during the period. If you are viewing this news story on another site, it was copied illegally and reposted in violation of United States & worldwide copyright & trademark legislation. Read More »

Indy 500 winners Dixon, Franchitti robbed at a Taco Bell

Police say Indianapolis 500 pole-winner Scott Dixon and fellow former race victor Dario Franchitti were robbed at gunpoint while in a Taco Bell drive-thru lane. The Indy Star reported that the suspects are two boys, 14 and 15 years old. "You don't expect that to happen, especially here". Dixon, a New Zealand native, will start first in next Sunday's Indy 500 after posting an average speed of 232.163 miles per hour during qualifying. Read More »

Horschel beats Day in Byron Nelson playoff

With his world understandably rocked - he lost his father to cancer at 12 - Day failed to crack the top 20 in his five starts following Pebble Beach. Glen Day (Little Rock) finished tied for 10th and won $55,200. Here is some of what he said after winning it. But that's what you got to do if you want to win, you got to take risks. "But my game is trending in the right direction", Kokrak said. Read More »