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Economy

As of now, all major operating activities have been shut down while ZTE tries to negotiate a modification or even reversal of the Denial Order. As punishment for breaking United States sanctions against Iran and North Korea, the Tump administration slapped a seven-year ban on American suppliers selling components, chips, and software to the firm.
  • RBL Bank standalone net profit rises 36.88% in the March 2018 quarter

    RBL Bank standalone net profit rises 36.88% in the March 2018 quarter

    Economy

    The bank's Gross Non-Performing Asset and Net Non-Performing Asset levels increased to 6.77% and 3.40%, respectively, as on 31 March 2018, from the preceding quarter. The SME loans grew 19% to Rs 58,740 crore accounting for 13% of the net advances, while the corporate credit led by working capital loans grew 12% to Rs 17,446 crore.
  • Marathon Oil (NYSE:MRO) Stake Lessened by Cambridge Investment Research Advisors Inc

    Economy

    If the $89.72 PT is reached, the company will be worth $3.51 billion more. The stock decreased 1.30% or $0.53 during the last trading session, reaching $40.25. Simmons restated an "overweight" rating on shares of Marathon Oil Corp .in a research report on Thursday, August 11th. Jefferies maintained it with "Hold" rating and $1600 target in Friday, June 23 report.
  • Parents of sick toddler Alfie Evans lose United Kingdom court appeal

    Parents of sick toddler Alfie Evans lose United Kingdom court appeal

    Economy

    Tom Evans and Kate James had reached an accord with the staff at Alder Hey Hospital concerning a plan to give Alfie comfort and dignity, Evans announced Thursday afternoon. Mr Evans said: "Alfie doesn't need intensive care any more". The months-long legal battle between Alfie's parents, backed by a Christian pressure group, and his doctors has drawn interventions from the pope and Italian authorities, who support the parents' desire to have their son treated in Italy.
  • Energy stocks fuel market rally; Nifty tops 10600-mark

    Energy stocks fuel market rally; Nifty tops 10600-mark

    Economy

    While the Sensex fell over 115 points to 34,501, the Nifty ended 43 points lower at 10,570 today. In the global markets, Asian stocks steadied after hitting two-week lows on Tuesday as investors paused for breath following a heavy sell-off in recent sessions and waited to see if the dollar's rally was sustainable.
  • Airline: Passenger removed after physical altercation on Miami flight to Chicago

    Airline: Passenger removed after physical altercation on Miami flight to Chicago

    Economy

    Garcia began touching her, Miami-Dade Police Sgt. Lazaro Llerena told NBC News . As a result, crew informed the passengers that they would have to deplane as officers would come aboard to arrest the Chicago man. During the transportation of Garcia from the plane to the terminal, officers had to carry him while he verbally chastised everyone around. Jacob Garcia is count each of battery, disorderly conduct, resisting arrest, depriving an officer of a firearm, and criminal mischief.
  • Avicii autopsy reportedly rules out foul play

    Avicii autopsy reportedly rules out foul play

    Economy

    Yesterday, per CNN , police released a statement stating that they had ruled out any sort of foul play in his death. Expressen states he put in time with pals, went kite surfing and loved the united states was planning to live a few times.
  • Hammerson (LON:HMSO) Given Hold Rating at Peel Hunt

    Economy

    Benjamin F Edwards And holds 750 shares. Federated Pa holds 0.01% in President Energy Plc (LON:PPC) or 118,142 shares. (NYSE:HD). West Coast Financial Ltd Limited Liability Company reported 0.07% of its portfolio in The Home Depot, Inc. The firm earned "Corporate" rating on Friday, September 29 by FinnCap. Goldman Sachs reissued a conviction-buy rating and issued a GBX 520 ($7.45) price objective on shares of Glencore in a research note on Monday, March 26th.
  • Here's what happened on the fatal Southwest Airlines flight

    Here's what happened on the fatal Southwest Airlines flight

    Economy

    The Federal Aviation Administration says it will be ordering inspections on jet engines like the one that blew up on a Southwest Airlines flight Tuesday. Her mother-in-law, Virginia Shults, told The Washington Post that as soon as she heard the pilot's voice on the radio transmission online, she said "that is Tammy Jo".
  • 10000+ high school students expected to converge on VA Capitol

    10000+ high school students expected to converge on VA Capitol

    Economy

    A similar walkout in March, in the wake of the Parkland, Florida, shooting at Marjory Stoneman Douglas High School, had students returning to class. "...young Americans are taking matters into their own hands", according to website act.indivisible.org , which is tracking the events.
  • Amazon Reaches 100 Million Prime Subscribers

    Amazon Reaches 100 Million Prime Subscribers

    Economy

    Prime subscribers spend a lot more on Amazon - $1,300 (U.S.) per year on average - compared to about $700 for non-Prime members, according to Consumer Intelligence Research Partners. Bezos has always been a little cagey about sharing Amazon statistics. Amazon shipped more than five billion items through its Prime service previous year, and logged an unprecedented number of new memberships, according to Bezos.
  • Tesla shifts Model 3 to 24/7 production as Musk hikes output

    Tesla shifts Model 3 to 24/7 production as Musk hikes output

    Economy

    The electric vehicle company projected in January that it would produce 2,500 Model 3s per week by the end of 2018. Tesla and Boring Company CEO Elon Musk has had a rough time lately, with many sleepless nights at the office trying to fix the problems with the Tesla Model 3 .
  • Morgan Stanley becomes the latest U.S. bank to report record profits

    Morgan Stanley becomes the latest U.S. bank to report record profits

    Economy

    The most recent short interest data show 0.8% of the company's stock are short sold. It's up from 17,956 at the end of the previous reported quarter. Alpha Cubed Invs Ltd Liability Co has invested 0.03% in Morgan Stanley (NYSE:MS). Morgan Stanley's chief executive officer said Wednesday that he's not preparing to raise profitability targets. Therefore 62% are positive. Since December 13, 2017 according to StockzIntelligence Inc Morgan Stanley has 18 analyst reports.
  • Canelo Alvarez suspended for six months for failed drug tests

    Canelo Alvarez suspended for six months for failed drug tests

    Economy

    Martirosyan holds a pro-record of 36-3-1 and while he has competed for several titles in the past, the oddsmakers will no doubt be especially tough on his chances as he attempts to upset one of the world's top pound-for-pound talents. Tom Loeffler, Triple G's promoter, said extra seats will be added at StubHub Center for the fight. The 27-year-old had blamed the failed tests on eating contaminated meat in his native Mexico and insisted he was the victim of a mistake.
  • Unemployment drop and rise in pay are cause for optimism

    Unemployment drop and rise in pay are cause for optimism

    Economy

    Britain's employment rate has hit a record high, joblessness is at a 43-year low and wages are rising in real terms for the first time in a year, according to official figures. "The unemployment rate fell, too, and is at its lowest since 1975". "The Bank of England should not therefore treat this latest fallback in inflation as a dovish signal for interest rate policy".