Economy

The downgrade to A1 from Aa3 is the first since 1989, the same year as the Tiananmen Square protests, and brings Moody's in line with Fitch Ratings. Standard & Poor's recently upgraded China's rating to AA-, equivalent to one notch above Moody's new rating. The slowing economy has become an increasingly sensitive topic in China, with authorities directing mainland Chinese economists and journalists towards more positive messaging.
  • Hands-on with Story Remix in Windows 10 Build 16193 - Movie Maker reborn?

    Economy

    The Fall Creators Update includes impressive features including a new design system, new tools for developers, iTunes app for the Windows Store and the world's first Windows Mixed Reality motion controllers. For instance, when moving from one device to another, AI (Cortana) helps the transition, understanding what the user was doing just before moving from a PC to a phone, and pulling that file down from OneDrive and picks up right where she left off.
  • Test rocket launched into space from New Zealand pad

    Test rocket launched into space from New Zealand pad

    Economy

    More to follow!" aerospace company Rocket Lab tweeted as New Zealand became the 11th country to launch into space. "We've developed everything in house, built the world's first private orbital launch range, and we've done it with a small team".
  • Trump discussed terrorism, climate change with Pope

    Economy

    The US is one of the largest emitters of carbon in the world , however Mr Trump hs repeatedly called climate change a "hoax" perpetrated by the Chinese in the past - a stance which appears to have softened a bit after his face-to-face meeting with Chinese President Xi Jinping.
  • U.S. Spy Chiefs Differ on Iranian Threat as Trump Rallies Allies

    Economy

    This is not to say that the Iranian people are in favour of Rouhani, a man who executed almost 4,000 people in just four years, boasts about Iran's support for the dictator Bashar al-Assad, and now presides over an Iran where millions live in poverty; just that Khamenei felt that Raisi would cause the biggest protests.
  • Moody's downgrades Hong Kong credit rating after China cut

    Economy

    Gross domestic product grew 6.9 percent in the first quarter, above the full-year target of 6.5 percent and the 6.8-percent growth in the fourth quarter of 2016. Moody's also forecast that China's growth potential will decline to about 5 per cent in the next five years, for reasons including a smaller working age population and a continuing productivity slowdown.
  • Tylenol Maker to Pay $33M Settlement for Tainted Drugs

    Tylenol Maker to Pay $33M Settlement for Tainted Drugs

    Economy

    Today's filing alleges that Johnson & Johnson acting through McNeil violated consumer protection laws by delivering for introduction into state markets certain batches of over-the-counter drugs that failed to comply with federal standards, and as such, were deemed adulterated.
  • Trump visits Israel's Holocaust Museum, hails Jewish people

    Economy

    Trump's convoy entered Bethlehem shortly before 10:00, arriving from the 300 Checkpoint and driving past Israel's illegal Separation Wall. The demonstrations are meant to draw attention to a month-long hunger strike by hundreds of prisoners being held by Israel and to protest what many Palestinians say is unfair US support for Israel.
  • Most Active Volume Stock: General Electric Company (GE)

    Most Active Volume Stock: General Electric Company (GE)

    Economy

    Stock's minimum price target estimates has been figured out at $24 while the maximum price target forecast is established at $36, if we look at the price target with an optimistic approach it has upside potential of 28% from its latest closing price of $28.18.
  • Moody's downgrades Hong Kong after China ratings cut

    Economy

    As the Chinese government facilitates the economy's transition into a more supply-side focus with a shift from manufacturing to services, Moody's surmised that stimulus programmes would be further exacerbate the debt problem in pursuit of higher growth figures.
  • Liberum Capital Reiterates "Buy" Rating for Costain Group PLC (COST)

    Economy

    Pennon Group Plc (LSE:PNN) presently has a 10 month price index of 0.97613. In other Talktalk Telecom Group PLC news, insider Tristia Harrison sold 25,650 shares of the stock in a transaction that occurred on Wednesday, May 10th. 581,966 shares of the stock were exchanged. Neuberger Berman Grp accumulated 0.07% or 870,891 shares. Heritage Investors Management Corp increased its stake in shares of BP plc by 0.9% in the first quarter.
  • Frontier Communications Corporation (NASDAQ:FTR) Sale Analysis

    Frontier Communications Corporation (NASDAQ:FTR) Sale Analysis

    Economy

    Finally, Vetr raised shares of Frontier Communications Corp from a buy rating to a strong-buy rating and set a $3.09 price objective on the stock in a research note on Monday, March 27th. The company now has a Return on Equity of -10.20% and a Return on Investment of 5.10%. The stock now has Weekly Volatility of 7.75% and Monthly Volatility of 7.51%.