Markets

Increase in Market Volatility in Advance of US Election

The S&P 500 was down for ninth straight session today, longest losing streak since 1980. The Nasdaq Composite was down 42.31 points, or 0.82 percent, at 5,111.26.Ten of the 11 major S&P sectors were lower, with the energy index falling 1.15 percent.Oil prices tumbled 3 percent after a record weekly build in US crude inventories stoked investor worries about a global supply glut. Read More

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Markets Right Now: Indexes inch higher in midday USA trading

Markets Right Now: Indexes inch higher in midday USA trading

Investors like certainty, which means they generally favor a Clinton victory as she is seen as maintaining the status quo. Most notably, the stock market historically has performed well around elections as policy uncertainty is resolved. Sterling also got a bump after the Bank of England left its interest rates unchanged as widely expected and played down the chances of a further rate cut, while raising its inflation forecasts. Read More

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Russian Meddling Won't End With Election

While multiple intelligence officials told NBC that they have no specific warning about an Election Day attack, they also say they consider the massive and sophisticated internet disruption of Friday, Oct. The White House does not believe Russia's operations were aimed at delivering an election win for Mr Trump, while Ms Clinton was adamant that Russian Federation was seeking to ensure her defeat. Read More

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Bill Murray gives ticketless Cubs fan World Series seat

Bill Murray gives ticketless Cubs fan World Series seat

This wasn't any ticket to the game-Michel really hit a home run (sorry not sorry). When Michel struck out while searching for a ticket at the box office, she ended up being the lucky recipient of a seat next to the actor. But hey, it worked for this random Cubs fan named Karen Michel on Tuesday night. "He said his brother and his father". A day earlier on Friday evening, Murray appeared for an impromptu performance of "Take Me Out To The Ball Game" for his beloved Cubs. Read More

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Whitehall hopeful of persuading Carney to stay longer as Governor if necessary

Carney told the government last night that the UK's negotiations with the European Union, which are expected to start by March 2017 and run for two years, were key to his decision. The lift came after Mr Carney ended speculation over whether he would extend his role for another year past 2018, when it officially ends. Responding to the governor's letter, Mr Hammond said he was "very pleased" that Mr Carney had taken the decision to serve until the end of June 2019. Read More

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China's J-20 stealth fighter makes public air show debut

China's J-20 stealth fighter makes public air show debut

China's new stealth fighter J-20 will be unveiled at Airshow China 2016, to be held in Zhuhai , Guangdong province, said the People's Liberation Army (PLA) Air Force spokesperson at a press conference on October 28. Little has been revealed about the craft but some analysts believe China still lags behind its western competitors and is especially struggling with developing advanced jet engines. Read More

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Tesla's Musk adds solar roofs to his clean energy vision

Tesla's Musk adds solar roofs to his clean energy vision

Although they are made of glass, they will be available in several patterns which closely resemble traditional roofing tiles, such as slate and terra cotta. A price was not released for the product but Mr Musk said it would be cheaper than fitting a normal roof and solar panels. Battery-based energy storage has the potential to revolutionize electricity for the world's poorest citizens the way mobile technology disrupted the telecommunications industry. Read More

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UPS orders 14 747-8 Freighters

UPS orders 14 747-8 Freighters

The global freight and logistics company based in Atlanta has ordered 14 747-8Fs with an option for a further 14 aircraft, Boeing said in a statement on Thursday (US time). The 747 has been around for 47 years and Boeing recently reduced production to just 6 per year. They still represent the workhorses of the world's long-haul commercial freighter fleet, even though one day the 747-400F inevitably will cede market dominance to its younger, larger sibling. Read More

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Police oust oil pipeline protesters from private land

Fong said she wasn't aware of any serious injuries to officers or protesters. Authorities used a sound cannon to scatter the activists, who set fire to some of their barricades built of vehicle tires and wood. "Unfortunately, I am very saddened by the response of the protesters" spokesperson. "Now look. It's nothing but chaos". As police moved in, protesters created a barricade with tires and wooden poles, briefly lighting it on fire. Read More

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Tata Sons disbands Group Executive Council set up by Mistry

Ratan Tata, who led the group for 21 long years, is the Chairman Emeritus of the conglomerate. He has been a director of the company since 2006. It is not clear as to why Cyrus P Mistry was removed from the post. Over the period of one year, the turnover of the country's leading firm dropped to $103 billion for the year 2015-2016 from $108 billion last year. Read More

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PM Narendra Modi Urges Citizens To Send #Sandesh2Soldiers On Diwali

Prime Minister Narendra Modi on Monday reached out to the women of Uttar Pradesh. Maintaining that a robust legal framework backed by a vibrant arbitration culture is essential to attract investment, Prime Minister Narendra Modi said that his government has initiated far-reaching legal framework to create a mechanism by assuring that the rules of the game will not change overnight in an arbitrary fashion. Read More

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Evacuations from Aleppo fail to materialize despite lull

Evacuations from Aleppo fail to materialize despite lull

Russian Foreign Minister Sergei Lavrov expressed concern Friday regarding the refusal of fighters from a former Al-Qaeda affiliate, the Fateh al-Sham Front, to leave the city. He said Russian Federation expected the United States, leading a coalition that includes Turkey, to "stay within the framework of the declared aim" of fighting Islamic State extremists and the Fateh al Sham Front. Read More

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Crown shares fall after China detention

Crown shares fall after China detention

Craig Stent, executive director at Harbour Asset Management, said about 9 per cent of Sky City's earnings before interest, tax, depreciation and amortisation, comes from the global VIP side of the business, and 16 per cent of its revenue. China's Ministry of Public Security warned in February previous year that it would fight attempts by foreign casinos to lure its citizens overseas. Read More

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Casino group employees held in China

Casino group employees held in China

Crown, once controlled by billionaire mogul James Packer, has struggled in the past with attracting new customers to its mega-resorts in the former Portuguese colony of Macau. The fallout has been swift. Crown shares lost more than $1 billion as the shares fell 13.9% to close at $11.14, the lowest the shares have been since later 2015. Read More

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Markets Take a Hit From Weak China Data

Investors have priced in a roughly 70 percent chance the Fed would nudge rates higher at its December policy meeting, a prospect reinforced by Wednesday's release of the last Fed monetary policy meeting minutes. dollar on Thursday. All U.S. economic indicators are being viewed through the prism of whether the Federal Reserve will raise interest rates before the end of the year. Read More

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LeBron James Rips Donald Trump Over Recent 'Locker Room Talk' Comments

LeBron James Rips Donald Trump Over Recent 'Locker Room Talk' Comments

I am not proud of it. Kluwe, who played for the Minnesota Vikings for the majority of his eight-year career, said no player ever approached Mr Trump's "breathtaking depths of arrogant imbecility". Grab them by the pussy, you can do anything'. The latter is locker room talk. "You have a great locker room presence in terms of attitude and the ability be respected, those young men and women can take control and enforce a locker room", Walker said. Read More

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EU chief vows no compromise as UK heads for hard exit

He continued with the weird food trope, adding that the prospect of losing the United Kingdom is so bitter for many Europeans, the Brexit process will leave everyone with a bitter taste in their mouth. "But as I have said before, I am afraid that no such outcome exists that will benefit either side". It was an astonishing proposition laid out by Mr. Read More

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