Finance

Deutsche Bank is the largest derivatives counterparty in the world. Deutsche Bank has been a growing concern for investors since USA authorities two weeks ago said they are seeking $14 billion from the bank to settle legal claims over its sales of mortgage securities, complex investments that were one of the key causes of the global financial crisis in 2008.
  • Corbyn routs his opponents in Labour poll

    Finance

    In an op-ed in the U.K. Jewish News, Mitchell compared leaving his political party to divorce, saying "we are no longer compatible and it's time to move on". He confirmed he would continue to serve as deputy under Mr Corbyn and told the Express & Star: "My overwhelming reaction is that I am glad the election is over".
  • Trump wanted only 'pretty ones' at golf club: Employees

    Trump wanted only 'pretty ones' at golf club: Employees

    Finance

    When she refused again, she said van der Goes came up with "a plan of hiding [the woman] whenever Mr. Trump was on the premises". The documents state incidents like this happened "almost every time " Trump visited the Rancho Palos Verdes, California club - which led managers to schedule only the club's "most attractive women" to work when Trump was set to stop by.
  • One person dead in Highway 401 crash

    One person dead in Highway 401 crash

    Finance

    Lanes were closed for several hours for the police investigation. Police investigate a crash on Highway 401 near Highway 6 on September 29, 2016 . The second crash happened near Highway 6 in Cambridge around the same time. around 3:30 a.m. The collision sent seven people to hospital and snarled traffic for hours. The extent of their injuries is not known. The video showed massive damage to both vehicles after the SUV rear-ended the truck.
  • Brexit power: FTSE 100 smashes through 6900 to reach 14-month high

    Finance

    That would be down from August's production rate of 33.2 million barrels a day - but it would shave only 700,000 barrels a day, some two per cent of overall production. "There is the possibility that OPEC managed to commit to a weak deal at this meeting that may pave the way for a more comprehensive production cut at the November meeting", he said in a note, referring to OPEC's formal meeting on 30 November.
  • AB InBev pays $6M to settle India bribery accusations

    Finance

    The new offer values the London-headquartered SABMiller at about £79 billion. The deal, worth around £70bn, will see the newly-merged company produce around a third of the global beer supply. Altria and the Santo Domingos favored the deal because of a tax-efficient structure designed for them. The deal brings brands like Stella Artois, Beck's and Foster's under one roof and provides AB InBev with its first foothold in Africa.
  • US consumer confidence jumped in September

    US consumer confidence jumped in September

    Finance

    The Consumer Confidence Index rose to 104.1 in September from 101.8 last month, the Conference Board said Thursday. "Looking ahead, consumers are more upbeat about the short-term employment outlook, but somewhat neutral about business conditions and income prospects", Franco said.
  • Charlotte ends curfew imposed after black man shot by police

    Finance

    After Scott's widow Rakeiyia Scott released her own video of the incident, the calls for the police department to release dashcam and body camera footage swelled. It's uncertain whether or not the Charlotte PD plans to release any more videos of Scott's shooting death. "Officers are absolutely not being charged by me at this point, but again, there's another investigation ongoing", he said.
  • Oil prices rebound ahead of OPEC energy ministers meeting

    Finance

    Tentatively expected for Wednesday afternoon, OPEC members, led by Saudi Arabia and other big Middle East crude exporters, such as Iran and Iraq , will hold an informal meeting in which non-OPEC producer Russian Federation was expected to participate, although some reports last week indicated that Moscow's representatives would not even stay until the end of the IEF.
  • Iran releases Canadian-Iranian professor held since June

    Iran releases Canadian-Iranian professor held since June

    Finance

    The source said she'd landed in Oman, which had helped secure her release, and would be met there by Canada's ambassador to Saudi Arabia. She suffers from a rare neurological condition that causes severed muscle weakness. Iranian Foreign Minister Mohammad Javad Zarif and Canadian counterpart Stephane Dion met last week during the annual U.N. General Assembly in NY for the first time since Tehran and Ottawa severed relations four years ago.
  • UPI/CVoter poll: Hillary Clinton holds 1.18% lead over Donald Trump

    UPI/CVoter poll: Hillary Clinton holds 1.18% lead over Donald Trump

    Finance

    Speaking at a campaign rally on Friday, billionaire Trump told supporters that his Democratic rival should have her bodyguards disarmed and then mused: "Let's see what happens to her". Among those consultants: Former campaign manager Corey Lewandowski. The campaign spent about $450,000 on legal bills and nearly $1.3 million on polling.
  • Disney Might Make Twitter The Happiest Social Media Site On Earth

    Finance

    Twitter's stock, up 21 per cent following Friday's buyout rumours, jumped again as news of Disney's interest broke. Disney has joined the list of potential interested buyers that have emerged in the past week. Brian Wieser, an analyst for Pivotal Research wrote in a note on Monday, that purchasing Twitter could make sense for Disney. What Disney has to think about is what is its place in a post cord-cutting world.
  • Ryder Cup: Euro Captain Clarke Knows His Way Around a Spotlight

    Finance

    Kuchar, another captain's pick, is among five players back from the 2012 usa squad that lost in the "Miracle at Medinah", when he was also a Love captain's choice. You're throwing stuff out, ' Miller said of Love's comments. You can focus a lot on the fact that there are six rookies on the team but I really don't think these guys are going to be afraid when it comes to the Ryder Cup .
  • Clinton, Trump look to overcome weaknesses on debate stage

    Finance

    Dowdy, a mother of two in NY. Trump has began preparations in earnest on Friday when he finally broke from his hectic campaign schedule for a day without any public or private events so he could focus on his presentation for the 90-minute event that will begin at 9 p.m., with no commercial interruptions, the Guardian reported.
  • Who will buy Twitter?

    Who will buy Twitter?

    Finance

    As rivals such as Facebook's Instagram and Snapchat gain traction with advertisers and social media users, investors have questioned how long Twitter could persist as a stand-alone company. Like Facebook, Twitter is moving into the live video space hoping that that will lure ad dollars. It managed to add three million new users, which only accounted for a 1% jump from the first quarter.
  • Hurricane Orlene turns toward isles as it continues to weaken

    Hurricane Orlene turns toward isles as it continues to weaken

    Finance

    Karl was located about 700 miles west-northwest of the Cabo Verde Islands as of 11 a.m. Friday. Tropical Storm Karl has sustained winds around 45mph as it moves west at almost 13mph. A projected 1 to 3 inches of rain could still accumulate, and flood-prone, low-lying areas are still at risk for some flooding, weather authorities said.
  • Gas pipeline back open after major leak

    Finance

    The average price for a gallon of regular gasoline in Valdosta, Ga., Saturday was $2.02, unchanged from seven days earlier, according to AAA's Daily Fuel Gauge Report. Motorists have faced long lines and shortage of fuel in many states across the southeast, such as North Carolina and Tennessee. Hundreds of Colonial employees and contractors have been working around the clock to respond to the spill, but hazardous fumes from the spilled gasoline limited the response activities around the site ...
  • Fed Walks Tightrope on Guidance After Leaving Rates Unchanged

    Finance

    FOMC also reduced its expectations both for economic growth and inflation this year, though the statement said "the labor market has continued to strengthen and growth of economic activity has picked up from the modest pace seen in the first half of this year".
  • Federal Prosecutors Investigating Wells Fargo Over Sales Tactics

    Finance

    Wells Fargo said last week it would pay $185 million in penalties and $5 million to customers that regulators say were pushed into fee-generating accounts they never requested for. I speak here of the cataclysmic revelations at Wells Fargo Bank, now known to have been gaming the system via the "sandbagging" and "pinning" and "bundling" of customers and their accounts, actions that recall such sleight-of-hand language as channel stuffing and cookie jar reserves.
  • Baltimore Police: 3 gunmen shoot, wound 8 in attack

    Finance

    Baltimore Police Commissioner Kevin Davis tells WJZ that "this was a planned, premeditated act of retaliatory violence". The Maryland city's police commissioner said the suspects fled and the victims were expected to survive. There were a dozen shots fired and the boy was accidentally hit in the foot. Davis said the shooters "need not to just be in jail, but underneath a jail".
  • Oil prices rise on reported U.S. crude stock draw, Norway strike

    Finance

    Japan's crude imports rose 0.5 per cent in August from the same month a year earlier, the Ministry of Finance said today, reaching 3.38 million barrels per day last month. Singapore -based brokerage Oanda said if the EIA follow the unexpected drawdown like the API and there U.S. interest rates did not rise oil bulls could well have cause for "cheering after a tough couple of weeks".
  • Clinton campaign says Trump could have

    Clinton campaign says Trump could have "low bar" at debate

    Finance

    His campaign has no turnout apparatus outside the party. Clinton edges Trump among the state's sizable bloc of independents by 42% to 35%. What political news is the world searching for on Google and talking about on Twitter? Trump has been trailing in most polls since the summer but has taken the lead in many key swing states in recent days such as OH and Florida.
  • Man Who Pied Mayor Kevin Johnson Released From Jail

    Finance

    Johnson spoke to police after the incident , and apologized to the 200 people in attendance. "And I will say I picked a coconut cream pie because I knew there was a chance I might back out at the last minute and I personally really like coconut cream pie".
  • U.S. Federal Reserve hints increase coming

    Finance

    Fed Chair Janet Yellen, speaking after the central bank's latest policy statement, said us growth was looking stronger and rate increases would be needed to keep the economy from overheating and fueling high inflation. But it is worth noting that three members of the committee, Kansas City Fed President Esther George, Cleveland Fed President Loretta Mester and Boston Fed President Eric Rosengren , voted against the decision, preferring to raise the federal funds rate to 0.50% to 0.75% at this ...
  • Rob Kardashian Posts New Sonogram Pic Of Unborn Baby Girl

    Finance

    A visit that has not pleased the son of Kris Jenner ... Rob Kardashian is so ready to be a father. Rob and Chyna have reportedly united and decided that The Game is their common enemy, and not each other, according to the sources who spoke to TMZ .
  • Snapchat Renamed to Snap Inc and Launched Camera Equipped Spectacles

    Finance

    Snapchat released its first video sunglasses, this first hardware product was tested by Evan Spiegel in 2015. Although Spiegel says the reason he created the Spectacles was just "for fun," he also admits that there could be "far-reaching implications if Snapchat can seize the means of image production".
  • BBC stars earning more than £150k to be named under new reforms

    BBC stars earning more than £150k to be named under new reforms

    Finance

    The move came as UK Culture Secretary Karen Bradley insisted the fate of the hour-long programme is matter for the BBC. The BBC has said releasing stars' salary details would affect its ability to attract and retain top talent. "We had hoped to see a charter which invests in and nurtures the talent we have here and, above all, a BBC that finally catches up with the reality of devolution".
  • Fed keeps rates steady, signals one hike by year-end

    Finance

    Benchmarks in Taiwan, New Zealand and Indonesia also rose, while Singapore declined. Please click the button below to manage your account. You have now viewed your allowance of free articles. Our market will open around 30 points higher after trading overnight on the ASX futures market, with a so;id gain after the Fed's decision was announced.
  • More Iowa cities mobilizing for flooding along Cedar River

    Finance

    Persons impacted by flooding along the Iowa River should take the necessary precautions to mitigate the impacts of major river flooding. Authorities in several Iowa cities were mobilizing resources. Further downstream, the Des Moines Register reports ( http://dmreg.co/2cLuQtp ) residents of Cedar Falls, Waterloo and Cedar Rapids are preparing for what could be the worst flooding since 2008, when the Cedar River displaced thousands of people.
  • Netflix, Inc.'s (NFLX)

    Netflix, Inc.'s (NFLX)

    Finance

    Netflix appears to have completely ignored the rivalry offered by other online streaming companies such as Amazon , Hulu and Time Warner (TWX), which are out to fight for their share of the market. has the Current Quarter Earnings Growth rate of -14.3%. Barton Richard N offloaded 1,400 shares in the company at a per-share price of $97.84 and ended up generating $136,980 in proceeds.