Economy

The Democrat Mayor of Pittsburg, Bill Peduto, quickly chimed in that his town long known for the steel industry actually embraced the Paris accord. European heavyweights France, Germany and Italy said in a joint statement on Thursday that they regretted Trump's decision to withdraw from the accord, while affirming their "strongest commitment" to implement its measures.
  • Trump pulls US from global warming accord, to allies' dismay

    Trump pulls US from global warming accord, to allies' dismay

    Economy

    The Sierra Club's executive director, Michael Brune, called the expected move a "historic mistake which our grandchildren will look back on with stunned dismay at how a world leader could be so divorced from reality and morality". She's criticizing what she says are "destructive and short-sighted" decisions by the Trump administration. Some of Trump's aides have been searching for a middle ground - perhaps by renegotiating the terms of the agreement - in an effort to thread the needle ...
  • Shire PLC (LON:SHP) Rating Maintained at Deutsche Bank Today

    Shire PLC (LON:SHP) Rating Maintained at Deutsche Bank Today

    Economy

    Gareth Morgan Lp invested in 97,077 shares. ITE Group plc (LON:ITE) has risen 6.00% since April 22, 2017 and is uptrending. The stock decreased 0.46% or GBX 1.2 on May 23, reaching GBX 260.7. They presently have a GBX 610 ($7.87) price objective on the stock. KeyBanc Capital Markets maintained it with "Overweight" rating and $17 target in Thursday, October 6 report.
  • Responses to Trump's Paris exit

    Responses to Trump's Paris exit

    Economy

    Think of it: India can double their coal production. He was absent from the Rose Garden ceremony. The European nations that pushed for Trump to stay in the deal appear to be in little mood to help the president take credit for getting a better deal.
  • 'She's f****d it up' Tory blasts Theresa May over election campaign

    'She's f****d it up' Tory blasts Theresa May over election campaign

    Economy

    The figures mirror a steadily eroding lead for May since the launch of her party's manifesto two week's ago and her handling of the deadly terrorist attack in Manchester on May 22. A "shocking" poll by YouGov shows that the elections in the United Kingdom will result in a loss of seats for the Conservative Party. The model is based on 50,000 interviews, which YouGov says allows them to assess the intention of every type of voter, from where they live to how they voted in the European ...
  • US job market looks solid 8 years after recession ended

    Economy

    The jobless rates for Blacks (7.5 percent), Asians (3.6 percent), and Hispanics (5.2 percent), as well as those for adult men (3.8 percent), adult women (4.0 percent), and teenagers (14.3 percent), showed little or no change. (The data are not seasonally adjusted.) Discouraged workers are persons not now looking for work because they believe no jobs are available for them.
  • Inside the NDP-Green governing agreement

    Economy

    Greens", said Donaldson shortly after landing in Victoria Monday afternoon. On Tuesday, Clark pledged to recall MLAs to the Legislature by the end of June at the latest, when she will test the confidence of the house with a Speech from the Throne.
  • Hollywood reacts fiercely to Trump's retreat from Paris climate treaty

    Economy

    And supporters of the agreement in the USA, which was painstakingly negotiated under the Obama administration, argued that even if that was possible, the damage to America's reputation had already been done. Mark Zuckerberg, founder of Facebook, noted that climate change can only be stopped through a global effort . The Information Technology Industry Council (ITI) was equally scathing.
  • Attacker sets fire in crowded Philippine casino, killing 36

    Economy

    At around midnight local time Thursday, an armed suspect forced his way into the Resorts World Manila (RWM), an upmarket hotel and casino complex near the Ninoy Aquino International Airport. Presidential Spokesperson Ernesto Abella, citing information from law enforcement agencies, said there were no indications that what took place in Resorts World Manila was a "terroristic activity".
  • RCOM gets 7 months for debt servicing; to cut liabilities by 60%

    RCOM gets 7 months for debt servicing; to cut liabilities by 60%

    Economy

    The turbulence at Rcom , as the phone unit is known, has come at a time when the group's Reliance Infrastructure Ltd.is planning to list a trust with some road assets and its Reliance Defence and Engineering Ltd. He said the company would repay Rs 25,000 crore debt following completion of the two deals, adding that "there is no proposal to convert debt into equity".
  • Investors bet Trump climate withdrawal to boost US drilling

    Investors bet Trump climate withdrawal to boost US drilling

    Economy

    The country's state oil marketing company, known as SOMO, sells crude via the southern port of Basra in the Persian Gulf as well as through a pipeline to Turkey. " OPEC grossly underestimated the ability of US production", he said. Gasoline stockpiles fell by 2.9 million barrels, while distillate stockpiles were up 400,000 barrels last week, according to the EIA.
  • Top Merkel aide rejects Trump's call to renegotiate global climate deal

    Economy

    But, Trump said, he was fighting for American businesses and American workers. "Not us. India makes its participation contingent on receiving billions and billions and billions of dollars in foreign aid from developed countries", Mr. "The Paris Agreement is more important than just one country and with 196 over signatories it will continue to work towards a low carbon, sustainable future".