Business

New Zealand test rocket makes it to space but not to orbit

New Zealand test rocket makes it to space but not to orbit Thursday and reached space three minutes later. Ships and planes need re-routing every time a rocket is launched, which limits opportunities in crowded US skies, but New Zealand, a country of 4 million people in the South Pacific, has only Antarctica to its south. [Full Article...]

Why Melania Trump covers her head one day and not the next

Francis and Trump's past spats include the pope describing plans for a border wall with Mexico as not Christian and Trump evoking a possible Islamist attack on the Vatican which would make the pontiff glad to have him as president. [Full Article...]

Iran accuses U.S. of 'Iranophobia', arming 'dangerous terrorists'

The secretary of state also said he believes the Western Wall - where Trump will visit - is part of Jerusalem, The Hill reported . On his maiden foreign tour since taking office in January, Trump is already showing signs of fatigue from a packed schedule. [Full Article...]

German government at odds with itself over Greek debt relief

German government at odds with itself over Greek debt relief To get the money, the Greek parliament approved pension cuts and tax hikes last Thursday. Foreign Minister Sigmar Gabriel , a Social Democrat, caused the divergence in views by demanding that the euro zone make a firm commitment on granting debt relief to Greece, effectively criticising conservative Finance Minister Wolfgang Schaeuble's tough stance. [Full Article...]

Could Trump Budget Reverse Health Innovation in Colorado?

Could Trump Budget Reverse Health Innovation in Colorado? Some conservatives voiced concerns that the amendment would grant too much power to the insurance commissioner, but others said that doing nothing could be far more costly for consumers. No mention was made of how the AHCA would improve the status of those without health insurance. "It really took a lot of junk off the market, and there was a lot of it". [Full Article...]

ISIS-linked militants occupy city in south Philippines; Duterte declares martial law

He added: "To my countrymen, do not be too scared". "Unfortunately I must go there now", he said. - Who are the militants? The goal yesterday's raid was to capture Isnilon Hapilon , a leader of the Abu Sayyaf group which is notorious for piracy and for kidnapping and beheading Westerners. [Full Article...]

Forterra PLC (FORT) Given Average Recommendation of "Buy" by Analysts

Spectris plc (LON:SXS) has 0.00% since May 23, 2016 and is. It has underperformed by 16.70% the S&P500.The move comes after 7 months negative chart setup for the $216.13 million company. EFX's profit will be $189.99 million for 21.70 P/E if the $1.57 EPS becomes a reality. The stock decreased 0.12% or GBX 1.23 on May 23, reaching GBX 989.77. [Full Article...]

Celtics cruise past Wizards in Game 7 to Eastern Conference finals

Celtics cruise past Wizards in Game 7 to Eastern Conference finals In recent interviews, soon-to-be Celtics max-contract player Isaiah Thomas (29 points, 12 assists), when asked about his place among the greats, has simply said: "I haven't done anything yet". Washington did fight back a bit making a 7-0 run of their own. It was a tough seven-game series. Boston's lone victory in the series came on March 1, with Kevin Love still out after minor left knee surgery. [Full Article...]

Mumbai to Goa Tejas train's spirits dampened by monsoon

Mumbai to Goa Tejas train's spirits dampened by monsoon The first run will begin soon after the inauguration and is expected to build traction by June. The railways has also ordered replacements for eight windowpanes broken while the train took its journey from Delhi to Mumbai , but the maintenance staff members said they are under tremendous pressure to check all boxes. [Full Article...]

Ford replacing CEO in push to transform business

Ford replacing CEO in push to transform business Mark Truby is appointed vice president, Communications , and elected a company officer. Just last week, Ford announced it would cut its white-collar workforce by ten percent in North America and Asia, as the auto industry in general faced new challenges. [Full Article...]

Mercedes-Benz brings a new model (of battery) to USA homes

Mercedes-Benz brings a new model (of battery) to USA homes The companies announced their exclusive strategic collaboration on Thursday. Mercedez Benz joins Sonnen and Tesla in the USA market as a major battery supplier, thanks to a partnership with No. The collaboration marks the first time that the German manufacturer has worked with a US solar company. For now, Mercedes will leverage its partnership with Vivint to roll out its battery in Calif... [Full Article...]

US Set to Ban Carry-On Laptops for Flights from UK

US Set to Ban Carry-On Laptops for Flights from UK The ban is not without its critics in the airline industry, who are concerned about lithium ion batteries catching fire in a plane's cargo hold. The move comes on the heels of a decision made by the DHS in March to ban the use of laptops, iPads, Kindles and cameras aboard flights from Amman, Jordan; Cairo, Egypt; Istanbul, Turkey; Jeddah and Riyadh, Saudi Arabia; Kuwait City; Casablanca, Morocco... [Full Article...]

Experts Believe North Korea May Be Responsible For Global Cyber Attack

Experts Believe North Korea May Be Responsible For Global Cyber Attack We are really drilling down on what it means, but there is part of the code that is shared between WannaCry and a known DPRK hacking tool", he said. Still, researchers say someone else could be using the code, and no one officially has been connected. [Full Article...]

Russia, Saudi Arabia back extension of oil output cuts

Meeting on the sidelines of China's One Belt One Road conference in Beijing , energy ministers from the two countries said supply cuts should be prolonged for a further nine months, ie, until March 2018, from June 2017 as originally scheduled, to rein in a global glut that is preventing prices from firming up. [Full Article...]

Home Technology Redmi 4 Launched in India at Rs. 6999; specs, features

Home Technology Redmi 4 Launched in India at Rs. 6999; specs, features Chinese smartphone manufacturer Xiaomi on 16 May launched its Budget smartphone Redmi 4 in India. Coming to Specifications of Redmi 4 , It has a metal unibody design and sports a 5-inch (12.7 cm) HD Display with resolution (720 x 1280 pixels). [Full Article...]

Israel debating bill banning rights groups from defending Palestinians

US President Donald Trump had promised during his campaign to move the American embassy from Tel Aviv to Jerusalem . Earlier this month , he held a warm meeting with the Palestinian president, Mahmoud Abbas, at the White House. Officials from the Israeli Prime Minister's office asked Trump administration officials if Israeli Prime Minister Benjamin Netanyahu may accompany the President to the ... [Full Article...]

Sage of Omaha Warren Buffett eyeing benefits of Trump tax cut

Buffett said USA stocks looked "dirt cheap" for anyone who believed interest rates will stay low for a long time. "I would say that we failed you there", Munger also said. of trying to do the same business with fewer people", Buffett said. The billionaire investor said he hoped that the person who succeeds him will already be "very rich" - because the executive will have already worked for a l... [Full Article...]

Oil prices near 5-month low as global oversupply weighs

Both benchmarks lost 4.9 percent Thursday, falling to their lowest level since November 30 - the day when OPEC members and Russian Federation agreed to cut their individual oil production to increase prices. "We've dropped to a five month low". Moreover, the recent EIA report on U.S. crude oil inventory declining only by 900,000 barrels as against market expectation of a 2.3 million barrel dec... [Full Article...]

Snapchat's disappointing growth leads to shares slump

On Tuesday, the company posted a $2.2 billion loss in the first quarter, much of which was tied to compensation following the companys IPO in March. The slowing rate of growth was in line with an estimate from JPMorgan, which accurately expected 166 million DAUs for the first quarter. Facebook , for example, has been snapping up features present in Snapchat and incorporating them into its own... [Full Article...]

SoftBank recognises $1.4 bn losses from India investments in 2016-17

SoftBank recognises $1.4 bn losses from India investments in 2016-17 The potential merger between Indian e-commerce companies Flipkart and Snapdeal continues to hang in the balance with a crucial board meeting of Snapdeal ending inconclusively. The deal would include SoftBank spending as much as $1.5 billion to buy a double-digit stake held by U.S. investor Tiger Global in Flipkart. "SBG recorded loss from financial instruments of 160,419 million Japanese Yen... [Full Article...]


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