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Economy

China's economy showed surprising resilience in the second quarter, as Beijing's efforts to rein in financial leverage and property speculation had a smaller-than-expected impact on growth. Growth in both exports and imports was also higher than expected. However, buyer demand appeared to be more resilient than expected, reinforcing analysts' views that China's property market is unlikely to suffer a hard landing as some have anxious.
  • Plane makes emergency landing after passenger 'passes gas'

    Plane makes emergency landing after passenger 'passes gas'

    Economy

    An American Airlines flight was evacuated after a sick man broke wind so violently it caused nausea and headaches among his fellow passengers, according to a U.S. But airline and airport officials blew off reports of severe flatulence Monday, telling The Post that the plane was not evacuated during a "medical call" after a mechanical issue aboard.
  • China posts 6.9 percent GDP growth in H1

    China posts 6.9 percent GDP growth in H1

    Economy

    The government is aiming for growth of about 6.5 per cent in 2017, slightly lower than last year's actual 6.7 per cent, which was the weakest pace in 26 years. In the first six months, crude oil output dropped 5.1 percent year on year to 96.45 million tonnes. Forecasters expect economic growth to cool later this year as those credit controls take hold, depressing investment.
  • PEAK6 Investments LP Has $364000 Stake in Valero Energy Partners LP (VLP)

    Economy

    Petroleum & Resources Corp decreased Valero Energy Corp (VLO) stake by 4.3% reported in 2016Q4 SEC filing. Rothschild Investment Corporation Il holds 77,890 shares. The company was maintained on Monday, September 21 by Susquehanna. The rating was downgraded by Deutsche Bank to "Hold" on Wednesday, August 17. The firm has "Neutral" rating by Goldman Sachs given on Tuesday, May 16.
  • EasyJet CEO Carolyn McCall Quits to Join UK Broadcaster

    EasyJet CEO Carolyn McCall Quits to Join UK Broadcaster

    Economy

    McCall, who takes over from previous incumbent Adam Crozier, who left in June , seven years after taking over the reins at ITV , is stepping down as CEO of low-priced airline easyJet to take up her new role. During her tenure at EasyJet , McCall brought a customer-focussed approach to the business and redefined what passengers now expect from short haul flights.
  • Fed's Yellen: Further Gradual Interest Rates Increases Likely Warranted

    Fed's Yellen: Further Gradual Interest Rates Increases Likely Warranted

    Economy

    The Fed chair illustrated an economy that is growing steadily, adding jobs, benefiting from steady household consumption and strengthening on increased business investment. The Fed still feels the economy needs loose - or accommodative - monetary policy, so a lower neutral rate may mean fewer rate hikes. Chances of an interest rate hike at the Fed's December meeting fell to 53 percent from 60 percent after the release of Yellen's testimony, according to CME Group's FedWatch tool.
  • BidaskClub Downgrades Transocean Ltd. (NYSE:RIG) to Strong Sell

    Economy

    About 8.59 million shares traded. Biogen Inc (NASDAQ:BIIB) has risen 4.94% since July 13, 2016 and is uptrending. It has outperformed by 11.63% the S&P500. On average, analysts expect that Transocean will post ($0.44) EPS for the current year. After $0.01 actual EPS reported by Transocean LTD for the previous quarter, Wall Street now forecasts -1,200.00% negative EPS growth.
  • Ander Herrera commits himself to Manchester United future

    Economy

    Morata, 24, was widely expected to move to Old Trafford ahead of next season after emerged as one of the top targets of his former Real Madrid manager Jose Mourinho . "It is a right of Madrid to ask for their players the amount they want". We do not determine what the price is of a player of Real Madrid, Real Madrid do that.
  • Dutchman at centre of new European horse meat scandal

    Dutchman at centre of new European horse meat scandal

    Economy

    Spanish police seized five luxury cars as part of the investigation and blocked several bank accounts. According to the Financieele Dagblad , Fasen has an earlier conviction for selling cheap Argentine horse meat to Muslims as halal beef .