• UAE minister says Qatar's isolation could last 'years'

    UAE minister says Qatar's isolation could last 'years'

    Economy

    The UAE minister accused the nation of "supporting jihadists" and insisted that to broker peace, Qatar must end its support "to extremist Islamists". There is now tension between Qatar and its immediate neighbours, led by Saudi Arabia, who say Qatar is turning a blind eye to terrorism financiers.
  • 2 troubled Italian banks failing, to face insolvency

    2 troubled Italian banks failing, to face insolvency

    Economy

    Italy may include changes to its bankruptcy law in the decree it's readying, according to the Italian newspaper La Stampa. Another Italian bank, Intesa Sanpaolo , said Wednesday it would be willing to acquire some parts of Veneto Banca and Banca Popolare di Vicenza so long as that did not worsen its own finances.
  • Ormonde Mining PLC (ORM) Receives "not rated" Rating from Shore Capital

    Economy

    Quadrant Capital Group LLC now owns 7,474 shares of the utilities provider's stock valued at $145,000 after buying an additional 6,254 shares during the period. COPYRIGHT VIOLATION WARNING: This news story was first posted by BBNS and is the property of of BBNS. If you are accessing this report on another site, it was stolen and republished in violation of United States & global copyright & trademark law.
  • Uber CEO, Founder Travis Kalanick Resigns

    Economy

    Kalanick may be out as CEO, but he won't be gone entirely from the company he helped build. Travis Kalanick himself issued a statement as well, explaining that " Uber 2.0" was in need of new leadership in order to be successful. Uber will approach Facebook COO Sheryl Sandberg to replace Travis Kalanick as the company's CEO, partially because a female would be good for optics, according to the New York Post .
  • US says Russia not behaving in threatening way in Syria

    US says Russia not behaving in threatening way in Syria

    Economy

    Compared to previous surveys by the polling group, running since 1990, fear of war has fallen considerably in the last two years - 2015 was the peak of concern in the survey's history, when more than two-thirds (68 percent) of Russians were concerned that a foreign state would attack them.
  • Boeing wins Paris order title as Airbus's Leahy announces retirement

    Boeing wins Paris order title as Airbus's Leahy announces retirement

    Economy

    The company suggested much of the interest in the MAX 10 was from existing Boeing customers switching orders from other models. Nearly 40% of the planes will go to customers in Asia, driven heavily by booming air traffic in China. for 10 more A321 narrowbodies, while Latin American discount carrier Viva Air committed to take 50 single-aisle jets. Avolon, the worldwide aircraft leasing company, has signed a memorandum of understanding for 75 Boeing 737 MAX 8 aircraft, the company said.
  • Ameritas Investment Partners Inc. Buys New Position in Sarepta Therapeutics, Inc. (SRPT)

    Economy

    The company was upgraded on Saturday, October 15 by Bernstein. The stock has "Equal-Weight" rating by Morgan Stanley on Wednesday, January 4. JP Morgan has "Neutral" rating and €161 target. It worsened, as 42 investors sold Sarepta Therapeutics Inc shares while 46 reduced holdings. 22 funds opened positions while 45 raised stakes. Sarepta Therapeutics Inc (NASDAQ:SRPT) has risen 96.82% since June 23, 2016 and is uptrending.
  • Brazil to appeal to USA over meat embargo

    Brazil to appeal to USA over meat embargo

    Economy

    Brazil Deputy Agriculture Minister Eumar Novacki said the problems laid out by the USDA posed no risk to public health. The suspension of shipments will remain in place until the Brazilian Ministry of Agriculture takes corrective action which the USDA finds satisfactory.
  • Qatar Airways makes approach for 10% stake in American Airlines

    Economy

    In a statement , Qatar Airways described American as a "strong investment opportunity". In a conversation between the chief executives of the two companies, Qatar indicated that it has an interest in acquiring approximately a 10 per cent stake, American Airlines said .
  • South Africa beat England in thriller to level T20 series

    Economy

    Eoin Morgan has left himself out of the final game of the T20 series against South Africa in Cardiff. In the first, batsman Liam Livingstone , who had the strike, pushed the ball towards the backward point region where Andile Phehlukwayo grabbed the ball and threw towards the non-striker's end.
  • Turkey: Saudi-led ultimatum on Qatar 'against international law'

    Economy

    Scale down diplomatic ties with Iran and close the Iranian diplomatic missions in Qatar , expel members of Iran's Revolutionary Guard and cut off military and intelligence cooperation with Iran. In the document, the countries also alleged that Qatar sever all ties with the Muslim Brotherhood and with other groups, including Hezbollah, Al-Qaeda and the self-styled Islamic State terrorist group.