Sterling steady ahead of Brexit talks; dollar eyes Fed's Dudley

It had set a two-week peak of 111.420 on Friday before its US data-induced retreat.The euro was little changed at $1.1204 after gaining about 0.5 percent on Friday.The pound was steady at $1.2777. Although the Fed raised rates last week, weaker econo... More..

by | Published more than a month ago
by | Monday, June 19, 2017

Public Protector to oppose Zuma's review on State of Capture report

She said this failure constitutes "improper conduct and maladministration" and wants the SIU to recover the "misappropriated" public funds unlawfully given to Absa and investigate other institutions mentioned i...More..

by | Monday, June 19, 2017

Iraqi forces say started storming Islamic State-held Mosul Old City

Iraqi forces, backed by air cover from a US -led coalition, are now engaged in a wide-scale offensive aimed at dislodging IS from Mosul , the terrorist group's last stronghold in northern Iraq. It urged coali...More..

EQT buys Rice Energy to create shale gas drilling giant
by | Monday, June 19, 2017

EQT buys Rice Energy to create shale gas drilling giant

At EQT's Friday closing price of $58.77, that amounts to about $27.05 per share. The deal announce Monday will see EQT buy all outstanding shares of Rice common stock for about $6.7 billion and assume $1....More..

Jaguar Land Rover to recruit 5000 more tech staff amid Brexit worries
by | Monday, June 19, 2017

Jaguar Land Rover to recruit 5000 more tech staff amid Brexit worries

In the mixed reality app , applicants can explore the garage of the band's home in 360° and take part in a two-part challenge. Jaguar Land Rover , a subsidiary of India's Tata Motors ( TTM ), employs mo...More..

by | Monday, June 19, 2017

Lockheed signs pact with Tata to make F-16 planes in India

The Indian air force does not now use F-16s, but industry experts say that local production would be a strong argument in favour of the United States plane against its rivals, including French company Dassault'...More..

Trade commission seeks to block daily fantasy sports merger
by | Monday, June 19, 2017

Trade commission seeks to block daily fantasy sports merger

The agency also said in its lawsuit that smaller daily fantasy sports companies are unlikely to "offset the anticompetitive effects of the merger". "The FTC is committed to the preservation of competitive marke...More..

by | Monday, June 19, 2017

Boeing sees strong interest in potential new 737 model

Boeing is expected to launch what would become the largest version of its 737 Max single-aisled family at the Paris air show next week. Boeing BA.N has received strong interest in a potential new member o...More..

by | Monday, June 19, 2017

Proposed new version of A380 SuperJumbo unveiled

The new wing design adds to other modifications presented earlier this year, including new stairways and cabin rest area to fit in more seats, with Airbus dubbing the enhanced version the "A380plus". The ex...More..

by | Monday, June 19, 2017

Marissa Mayer resigns as Verizon closes US$4.48bn Yahoo acquisition

Mayer has been CEO of Yahoo since 2012, but used an email , posted on blogging site Tumblr , to inform staff that she will step down now that the deal has been completed. Verizon Communications Inc is fi...More..

Driver plows into crowd outside London mosque, injuring 10
by | Monday, June 19, 2017

Driver plows into crowd outside London mosque, injuring 10

People had been attending mosques in the area as part of the Muslim holy month of Ramadan. "We have worked very hard over decades to build a peaceful and tolerant community here in Finsbury Park and we totall...More..

by | Monday, June 19, 2017

Macron kicks off Paris Air Show with airborne entrance

Airbus announced the first big deal of the week: a firm order for 100 single-aisle A320neo planes by General Electric's aircraft leasing arm, GE Capital Aviation Services ( GECAS ). French President Emmanuel M...More..

Shah Rukh Khan's Daughter Suhana Is The Star Of Gauri's Party
by | Monday, June 19, 2017

Shah Rukh Khan's Daughter Suhana Is The Star Of Gauri's Party

Actor Shah Rukh Khan's wife Gauri Khan hosted a lavish launch party for Mumbai's restaurant ARTH, which has been designed by her. And now joining the troupe is Shah Rukh Khan's daughter Suhana Khan. So i...More..

by | Monday, June 19, 2017

America's Cup: Team New Zealand hold the edge over Team USA

Burling and crew rounded out the opening weekend of the America's Cup match in Bermuda with another two impressive victories over Oracle Team USA to move to 3-0 in the first-to-seven series. During tacks and ...More..

by | Monday, June 19, 2017

Confederations Cup gives Cristiano Ronaldo another chance at glory

Ronaldo is on the back of two major title victories, and will be looking to make it a flawless three this summer. "Obviously there are no words to describe what Cristiano means to our country, with everythin...More..

by | Monday, June 19, 2017

Saudi border guards fire on Iranian boat, killing fisherman

Amid Turkish fresh food products are successfully filling the space created by blockade imposed on Qatar by three Gulf countries, some Qatari companies behind the import of these Turkish dairy and poultry produ...More..

79 now believed to have died in London high-rise fire
by | Monday, June 19, 2017

79 now believed to have died in London high-rise fire

He said the death toll could still change if anyone reported as missing was found alive, of if anyone was found in the ruined tower who had not been reported as missing. Amid anger in the wake of the disaster, ...More..

Valeant Stock Jumps After John Paulson Named to Board
by | Monday, June 19, 2017

Valeant Stock Jumps After John Paulson Named to Board

Pepsico Inc now has $166.62 billion valuation. About 10,600 shares traded. (NYSE:ITW) has risen 33.32% since June 19, 2016 and is uptrending. Valeant Pharmaceuticals International has a 1-year low of $8.31 and ...More..

Congressman Scalise upgraded to serious condition, speaks with family
by | Monday, June 19, 2017

Congressman Scalise upgraded to serious condition, speaks with family

Scalise was among four people shot by a lone gunman who opened fire on a group of Republican lawmakers practicing baseball at the Eugene Simpson Stadium Park. House Majority Whip Steve Scalise listens during...More..

Standard Life to start merger talks with Scottish Widows
by | Monday, June 19, 2017

Standard Life to start merger talks with Scottish Widows

Standard Life CEO Keith Skeoch will be responsible for managing the operations of the combined business, while Aberdeen's Martin Gilbert will have a client-facing role. However, a prospectus sent out to Standar...More..

by | Monday, June 19, 2017

Trump not included in Russia probe: lawyer

Sekulow said that Trump has not been notified of any investigation and that the latest information they have is from Comey's testimony before the Senate Intelligence Committee. Russia's Foreign Ministry ...More..

by | Monday, June 19, 2017

Poroshenko congratulates Macron on his party's victory

The vote hands the centrist a mandate to reshape French politics and overhaul the country's restrictive labour laws. Macron declined Monday to comment on the parliamentary vote. Poirson made a decision to b...More..

by | Monday, June 19, 2017

Van Incident at London Mosque, Several People Injured

Police have not yet determined whether the fatality was a result of the van attack. The city's Metropolitan Police said officers were called just after midnight Sunday to an incident on Seven Sisters Road. Ab...More..

by | Monday, June 19, 2017

Greece: Debt deal gives clarity to markets

Finance Minister Euclid Tsakalotos said the agreement would allow market access "in due course". "With unity and determination we move forward [to achieve] fair growth and heal the wounds of the crisis", Tsip...More..

Live Twitter Reaction, India vs Pakistan, ICC Champions Trophy 2017 Final
by | Monday, June 19, 2017

Live Twitter Reaction, India vs Pakistan, ICC Champions Trophy 2017 Final

India beat Pakistan in their opening game of the tournament by 124-runs, by Pakistan have shown unambiguous signs of revival since then. With its win, Pakistan , which came into the tournament ranked No...More..