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Were Analysts Bearish Ashmore Group plc (LON:ASHM) This Week?

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The stock rose 0.29% or $0.14 reaching $49.08 per share. Renaissance Technologies Llc reported 0.09% stake. The original version of this report can be viewed at https://stocknewstimes.com/2017/09/23/christopher-loughlin-sells-11437-shares-of-pennon-group-plc-pnn-stock.html. Read More »

Korea's ruling party asks N. Korea, US to halt war of words

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South Korea says Kim Jong Un's rebuke against U.S. President Donald Trump marked the first time a North Korean leader directly issued a statement to the global community under his name. It mentioned, among a string of examples, how People's Daily had said North Korea's weapons program was "a noose put around its own neck". "All of our endeavors are to prevent war from breaking out and maintain peace", Moon said in his speech. Read More »

Nifty falls 1.56% amid sell-off

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Key Indian equity indices provisionally closed in the red on Thursday as investors remained cautious over another rate-hike in December signalled by the US Federal Reserve . India's volatility index (VIX), which measures investors expectation about the near term volatility jumped 10.12 per cent on the National Stock Exchange (NSE) signalling the high amount of nervousness in the market. Read More »

German PMI surges to 6-1/2 year high as manufacturing booms

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Further, the IHS Markit Flash Germany Manufacturing PMI recorded a reading of 60.6 in September, up from August's 59.3, to signaling the sharpest monthly improvement in overall factory business conditions since April 2011. IHS Markit's flash services purchasing managers' index fell to 55.1 from the 21-month high of 56.0 in August, marking a two-month low and below expectations for a reading of 55.9. Read More »

Mobile and Sprint could agree on merger deal in October

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A merger would join the third and fourth largest wireless carriers in the U.S., leaving the country with three major nationwide carriers including Verizon Wireless and AT&T . T-Mobile and Sprint are nearing a potential merger . At the time, T-Mobile was struggling, and Sprint was looking at absorbing the then-tinier carrier. Read More »

Treasury yields, dollar gain; Fed keeps Dec rate hike on table

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Consumers continue to spend, and business investment is "picking up", the Fed said. Market-based measures of inflation compensation remain low; survey-based measures of longer-term inflation expectations are little changed, on balance. The Fed views the job market as strengthening, but it notes that inflation is running below its 2 percent annual target. "Storm-related disruptions and rebuilding will affect economic activity in the near term, but past experience suggests that the storms ... Read More »

Ryanair offers €10000 pay rise to hang on to pilots

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However, after an intervention from the Civil Aviation Authority the airline will now have to accommodate passengers on rival airlines - if necessary. "Whilst I appreciate that most Ryanair passengers will likely be rerouted on the same day on another Ryanair flight, many will not", wrote CAA consumers and markets group director Richard Moriarty in a letter to O'Leary dated September 19. Read More »

Fed agency urging corporate cybersecurity upgrades is hacked

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The hackers exploited a software glitch in the test filing component of the system to gain access to non-public information, the agency said. The SEC discovered the possibility of illegal trades based on the information in August. What's more, the report revealed that the regulator had failed to encrypt information and adequately apply important recommended security procedures. Read More »

Honor 8 Pro, Honor 6X Smartphones Now Available On Flipkart

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There's also an EMI option, which starts at Rs 2,377. For now, here are the smartphones with the biggest discounts on Amazon India , and if you're wondering, they're arranged in no particular order. A 32-inches LG LED TV is now being offered at a rate that is 29% off, making it available for Rs 17,490 from Rs 24,490. Apart from this, the e-commerce giant has also announced that it will make exclusive tie-ups with major brands and offer EMIs on products for customers. Read More »

Liliane Bettencourt, the world's richest woman, dies

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Bettencourt, who died late on Wednesday at the age of 94, was the main shareholder in the world's top cosmetics company L'Oreal, with a personal fortune estimated by Forbes magazine in March at $39.5 billion (33 billion euros). The first and worst case involved her financial manager, who was accused of transferring cash envelopes to members of the party of former President Nicolas Sarkozy during his election campaign. Read More »

AMD is making a self-driving AI processor for Tesla

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According to CNBC , Tesla's Autopilot (hardware and software) team is now headed by Jim Keller who previously worked with AMD and Apple . News of Tesla's deal with AMD broke just days after Intel revealed that it has had a long-standing partnership with Waymo, Google's self-driving vehicle company. Read More »

Lloyds Banking Group Plc (LYG) Facts and Figures

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The company has market cap of $162.62 million. Nuveen Build America Bond Opportunity Fund is a diversified closed-end management investment fund. The most current P/E ratio is 21.27 and the market value is 82.09B. The rating was maintained by Credit Suisse on Wednesday, July 22 with "Underperform". The stock of Vodafone Group Plc (ADR) (NASDAQ: VOD ) has "Neutral" rating given on Monday, June 13 by Macquarie Research. Read More »

Bank of England chief says United Kingdom to underperform until mid

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Carney added that, in the long term, high levels of migration were not responsible for subdued wage growth, but his speech is likely to have pleased pro-Brexit MPs, who have long campaigned for tighter immigration controls. Economic growth slowed in the first half of the year and inflation has accelerated to nearly 3%. There was however a 1.1 per cent drop in the number of workers from eight of the EU's most recent eastern European member states, including Poland and the Czech Republic, to ... Read More »

Modest Strength Visible On Wall Street In Mid-Day Trading

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Currently, the major averages are almost unchanged, showing moves of less than a tenth of a percent. On the USA economic front, the Commerce Department released a report showing an unexpected decrease in new residential construction in the month of August. Read More »

U.S. oil tops $US50 a barrel as fuel supplies drop

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As a result, there was less demand for oil from refineries and more demand for gasoline sitting in storage while less gasoline was being produced That's partly why gasoline prices spiked by almost 20 percent. XAutoplay: On | OffIraqi Oil Minister Jabbar al-Luaibi said Iraq and Ecuador think there should be another 1% cut in production and hinted that others want the cut extended. Read More »

Toys R Us files for bankruptcy ahead of holidays

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In the meantime, Toys "R" Us isn't planning to close any stores, but rather, the company is hoping to reform itself to move forward and become more viable on the market. The company has received a commitment for over three billion USA dollars in debtor-in-possession financing from various lenders, including a JP Morgan-led bank syndicate and certain of the Company's existing lenders. Read More »

NZ Refining says pipeline leak to hit revenue by up to $15m

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Air New Zealand has said it is taking steps to consolidate passenger loads and minimise fuel usage in order to offset the supply issues. According to Auckland Airport, which sees about 18 million passengers a year, oil companies are responsible for the transport and supply of fuel used by airlines, and that supply has been reduced. Read More »

Ryanair under pressure after messing up pilots' holidays

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O'Leary explained that if customers are not satisfied with the alternative flights offered to them, they are entitled to a full refund and their EU261 compensation. "What if your (sic) flying out on a flight not cancelled before Wednesday, how the hell do you know if you can get back". The airline has announced cancellations of between 1,500 to 2,000 flights over the next six weeks. Read More »

Anna Nordqvist wins playoff to take Evian Championship

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Anna Nordqvist has her redemption. Playing in her final tournament before retirement, Japan's Ai Miyazato made a great start with a 68. Altomare and Nordqvist had to perform well in the third round if they were to have any sight at the crown, and both players obliged with cards of 66, a score only South Korean Mi Hyang Lee came close to with her 67. Read More »

Outrage as Ryanair axes 2000 flights to boost punctuality

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He said passengers should also be able to claim compensation for the cancellations. Yesterday the airline admitted it could not guarantee that flights it was selling for dates in September and October would go ahead. Ryanair has told customers flights are operating as scheduled unless they receive emails saying otherwise. "If you have been affected by the Ryanair programme of flight cancellations you are entitled to a choice of refund or rerouting". Read More »

India Sends Relief Materials for Rohingyas in Bangladesh

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Zeid Ra'ad al-Hussein, the United Nations high commissioner for human rights, said the military's "brutal" security campaign was in clear violation of global law, and cited what he called refugees' consistent accounts of widespread extrajudicial killings, rape and other atrocities. Read More »

Nike & NBA Unveil Brand New Team Jerseys & Warm-Up Jacket

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According to Nike, the design is inspired by the teams' "desire to make a bold statement the moment they step on the court". The new uniforms will be worn for the first time on November 24, when the team takes on the Charlotte Hornets in Cleveland. Read More »

Renault-Nissan-Mitsubishi to invest £8.9bn in electric and autonomous cars

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According to the plan, the alliance will launch 12 new pure EV models within the five years. The alliance was the world's No. 1 automotive group by volume in the first half, selling more than 5.26 million vehicles, he said. The automakers plan to release their first fully autonomous vehicle, requiring no human driver at all, in about five years. Carlos Ghosn has always been careful to say that the success of the Renault-Nissan alliance should be measured in synergies among the partners, ... Read More »

NBA To Vote on Draft Lottery Reform, Player Rest Guidelines

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Under the new plan, those teams would share a 14 percent chance, league sources said, and odds of ensuing teams would drop incrementally by a percentage point or two, league sources said. This trepidation is the same many teams will face with a bona fide franchise like the Los Angeles Lakers strategically clearing the books for next offseason, allowing an easy flip by attracting the top stars on the free agent market due to their money, location, and even their newly-built ... Read More »

Alphabet could invest in Lyft

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It is unknown whether the billion dollar investment into Lyft will come from Google or Alphabet's private-equity arm CapitalG, but it is speculated that the investment is being driven by Alphabet CEO Larry Page. Either way, this can't be good news for Uber . Uber has raised more than $15 billion compared with Lyft's more than $2 billion. The possible funding initiatives come as Uber tries to rebound from a series of scandals that ultimately led to the resignation of company ... Read More »

IPhone X Demo Gone Wrong?

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However, when he lifted the iPhone X to his face and attempted to unlock the phone, only to be told to enter a passcode instead. Animoji relies on the iPhone X's TrueDepth camera system, which can capture facial movements and translate those expressions to the animations. Read More »