Sunday, 18 November 2018
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Singapore's GIC slashes its UBS stake with US$1.6 billion sale


GIC intends to sell up to 93 million existing shares in UBS Group , equivalent to 2.4 percent of the outstanding shares and voting rights, through an accelerated bookbuild offering to institutional investors, UBS said. UBS shares fell more than 1 per cent after the news before paring losses to 0.7 per cent. At the closing price, 93 million shares would be worth around 1.54 billion Swiss francs (US$1.55 billion). Read More »

United States crude oil slides below US$45 for first time since November


West Texas Intermediate for June delivery dropped as much as $1.76, or 3.9 percent, to $43.76 a barrel on the New York Mercantile Exchange, and was at $45.06 at 8:55 London. Traders pointed to soaring United States oil production, which has risen over 10 per cent since mid-2016 to 9.3 million bpd, levels not far off top producers Russian Federation and Saudi Arabia. Read More »

Warren Buffett says the face of retail is shifting

Warren Buffett said Monday that United Airlines bungled the case of the passenger dragged off a plane last month, and he is criticizing the CEO's handling of the incident. "The important thing is that she never worries about money the rest of her life", he said at Berkshire's annual shareholder meeting in Omaha, Neb., on Saturday. Read More »

Belt and Road summiteers swear by open trade centred around WTO


The South Asian nation - the world's fastest growing major economy and Asia's third biggest - chose not to attend the gathering, where China laid out its plan to connect almost 70 countries through a series of global trade pacts, inspired by the ancient Silk Road trading route. Read More »

GOP senators search for health care deal

Blum, on the first day of his term, was one of 25 Republicans in January 2015 who refused to back the more pragmatic John Boehner for House speaker. In light of the House's struggles to advance the AHCA, and the razor-thin margin by which it ultimately passed, it appears that we're still in for a long road ahead. Read More »

Kurdish-led forces say they will advance on IS capital


The capture of Tabqa seven weeks after the launch of the SDF offensive, with help from the US -led coalition, sets the stage for an advance on Raqqa, the de-facto capital of the extremists' self-styled caliphate, some 25 miles (40 kilometers) to the east. Read More »

Sinclair Buying Tribune Media After Outfoxing, Bidding Others

Stations owned by Tribune Media include KSTU in Salt Lake City. "This is a pivotal time for broadcast, and we are excited to reach more communities across the United States, as well as better serve our consumers and advertisers with new technologies that will super charge our capabilities", Ripley said. Read More »

Kohl's Corporation (NYSE:KSS), AT&T Inc. (NYSE

OAS has been the topic of a number of research reports. Deutsche Bank AG upgraded shares of Oasis Petroleum from a "hold" rating to a "buy" rating in a research note on Tuesday, January 31st. The share price has moved backward from its 20 days moving average, trading at a distance of -1.95% and stays -8.34% away from its 50 days moving average. Read More »

Microsoft unveils new Surface laptop featuring Windows 10 S

Surface Laptop is faster compared to MacBook Air, and has more battery life than any other Apple MacBook, Microsoft also added. Microsoft is touting the Surface Laptop as a device without many trade-offs around specs. Essentially, the Surface Laptop is a Microsoft version of a Chromebook. Microsoft has unveiled the latest product in its Surface line, the Surface Laptop , running Windows 10 S , a streamlined version of its popular operating system, as it tries to take share ... Read More »

Dale Earnhardt Jr. stole the show at Talladega

McMurray started 23 in the 40-car field but was running in the top ten before the race was one-third finished. Stenhouse did start from the pole and praised the power from his Doug Yates-built engine for the speed. Stenhouse got a push from McMurray around Busch and made it stick for the win. Stenhouse Jr. beat Jamie McMurray to the checkered flag by less than one-tenth of a second while Busch settled for third. Read More »

Ransomware like WannaCry is an 'escalating threat,' says Europol Director

Spanish firm Telefonica, French automaker Renault, the US -based delivery service FedEx and the German railway Deutsche Bahn were among those affected. Microsoft said the situation was "painful" and that it was taking "all possible actions to protect our customers". The worldwide effort to extort cash from computer users spread so widely that Microsoft quickly changed its policy, making security fixes for this vulnerability available for free for the older Windows systems still used by ... Read More »

Moving Stocks: Cisco Systems, Inc. (CSCO), NVIDIA Corporation (NVDA)


News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cisco Systems , Inc. The company reported its last quarter on 4/29/2017. Stockholders of record on Thursday, April 6th were paid a dividend of $0.29 per share. The ex-dividend date of this dividend was Tuesday, April 4th. Read More »

Beck Mack & Oliver LLC Holds Stake in Hewlett Packard Enterprise Co (HPE)


The Williams %R oscillates in a range from 0 to -100. Usually the RSI is considered overbought when above 70 and oversold when less than 30. Hewlett Packard Enterprise had a return on equity of 10.43% and a net margin of 6.31%. Welch & Forbes LLC raised its stake in shares of Hewlett Packard Enterprise Co (NYSE: HPE ) by 0.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). Read More »

Britain spending money to strengthen cyber security of health system: Fallon

Hospital staff immediately unplugged the computer from the internet, reformatting it before reprogramming its operating system, according to the spokesman. The Finnish computer security firm F-Secure called the problem spreading around the world "the biggest ransomware outbreak in history". Microsoft chief Brad Smith said the attack was a sign for individuals, companies and governments to step up their cyber security game. Read More »

Smile, cyber security says no report yet on 'WannaCry' attack in India

He added that the Cyber Swachhta Kendra, the government's portal for information about cyber security is being updated on regular basis since Saturday. Indian financial institutions are buckling under pressure as WannaCry encrypts the files on infected Windows system and spreads by exploiting vulnerabilities. Read More »

Labour plans 'Robin Hood Tax', tax avoidance crackdown


Around 10 European countries are now preparing to introduce similar taxes. However the move the plan is likely to cause an outcry in the City amid fears it will undermine the competitiveness of the financial sector at a time of uncertainty in the wake of the vote for Brexit. Read More »

NHS Digital: Trusts sent fix that would have protected them

Microsoft distributed a patch for the software vulnerability two months ago, but not all computer users and networks worldwide had yet made that update, and thus were highly vulnerable. Those affected should not pay ransom and instead inform CERT-In, the advisory added. The Beijing News said Sunday that students at several universities around the country reported being hit by the virus, which blocked access to their thesis papers and dissertation presentations. Read More »

'Super Thursday' Results: GBP/EUR Exchange Rate Slumps to 1.1850 on BoE Dovishness


In a press conference, Mark Carney, governor of the Bank of England, agreed that, with inflation increasing and the pace of pay rises slowing, "wages won't keep up with prices" this year. "If we start to see some polls suggesing it could be not quite a big majority (for May), then we could get some softness in the pound but for now I think it seems fairly well supported". Read More »

Oil sinks to its lowest level since November


Dow and S&P 500 futures were both up 0.1 percent after being lower earlier. Government data show crude oil inventories declined by 930,000 barrels for the week ending April 28 and gasoline stockpiles increased by 191,000 barrels, both moving far less in their respective directions than expected. Read More »

Clark, Horgan, Weaver all say they're willing to work with other parties

Clark said she is confident that when absentee ballots are counted, they will strengthen the Liberals' margin of victory. There is very little difference between the tallies in three ridings. "I predict a minority government won't last more than a year, two at the most". A minority government occurs when no single party in an election wins a majority of the seats. Read More »