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Economy

Ledyard National Bank now owns 1,425 shares of the industrial products company's stock worth $132,000 after buying an additional 845 shares during the last quarter. Additionally Caterpillar , Inc. recently announced a dividend to be paid on Saturday August 19th, 2017. CAT's SI was 20.83 million shares in July as released by FINRA.
  • Sensex, Nifty trade positive; Reliance Industries' touches a new high

    Sensex, Nifty trade positive; Reliance Industries' touches a new high

    Economy

    The shares of Avenue Supermarts, the operator of D-Mart retail chain, gained 5.5 per cent after reporting that its Q1 net profit increased 47.7 per cent at Rs 174.7 crore as against Rs 118.4 crore in the same quarter a year ago. Buying in heavyweights of energy, FMCG, financials, IT and consumer durable sectors lifted the key indices on better than expected financial results, brokers said.
  • Challenge for Opec as output deal shows signs of unravelling

    Challenge for Opec as output deal shows signs of unravelling

    Economy

    The price of OPEC basket of fourteen crudes stood at $46.99 a barrel on Friday, July 21 compared with $47.48 the previous day, the cartel said in a message. Brent crude has declined 15 percent this year on concerns that rising output from Nigeria and Libya, as well as the USA, is offsetting the cuts that OPEC and allied producers including Russian Federation extended through March.
  • International Monetary Fund cuts USA growth forecast for 2017, 2018

    International Monetary Fund cuts USA growth forecast for 2017, 2018

    Economy

    The fund left its forecast for global growth unchanged in the latest quarterly update to its World Economic Outlook, released on Monday (July 24) in Kuala Lumpur. United Kingdom growth forecast for 2018 remains unchanged at 1.5%. China's "higher growth is coming at the cost of continuing rapid credit expansion and the resulting financial stability risks", Obstfeld warned in his prepared statement.
  • Spieth relieved after holding on for Open glory

    Spieth relieved after holding on for Open glory

    Economy

    That's a painful reality for someone who has earned more money than any current player - about $40 million - without a major championship to his name. "This is absolutely a dream come true for me", said Spieth after being presented with the Claret Jug at his victory ceremony. And to be this close , to taste it with five holes to go, it's a hard one to sit back and take.
  • Over 20 People Killed in Explosion in Kabul

    Over 20 People Killed in Explosion in Kabul

    Economy

    Details of the explosion and the target of the attack were not immediately clear. All the dead and wounded were civilians, he said. Police say an explosion has occurred in western neighborhood of Kabul but no reports yet of casualties or cause.
  • Watchdog weighs into Australian airbag recall after driver's death

    Watchdog weighs into Australian airbag recall after driver's death

    Economy

    The revelations come after a Sydney man became the first Australian to die because of the faulty airbag, which can fire shrapnel into the auto when it deploys. According to industry reports, the Japanese auto maker has recalled nearly every vehicle sold in Australia over the past 15 years to replace airbags.
  • Things We Learned From the Game of Thrones Panel at Comic-Con

    Things We Learned From the Game of Thrones Panel at Comic-Con

    Economy

    A new trailer for Game of Thrones season 7 has been unveiled at San Diego Comic-con, and as usual it's full of all sorts of excitement, intrigue and hints at what we can expect from the rest of the series. Bradley quipped that he wished the since-resurrected Jon Snow hadn't died "so that we didn't have to talk about it every five minutes for a year ".
  • Southern strike union Aslef in government talks

    Southern strike union Aslef in government talks

    Economy

    The passengers were bracing themselves for another series of strikes when the Department of Transport finally intervened. The RMT said it had been contacted by Chris Grayling inviting general secretary Mick Cash to a meeting subject to the suspension of the planned industrial action.
  • Sean Spicer stole a mini-fridge from White House staff

    Sean Spicer stole a mini-fridge from White House staff

    Economy

    He followed up that notice to followers by saying, "The politics of "gotcha" are over. I serve @POTUS agenda & that's all that matters", Scramucci tweeted Saturday afternoon. Priebus told The Associated Press he supports Scaramucci "100 percent", despite reportedly trying to prevent the financier from getting multiple administration positions.
  • Lagos LG poll: 'Suspected thugs hijack electoral materials in Odi-Olowo LCDA'

    Lagos LG poll: 'Suspected thugs hijack electoral materials in Odi-Olowo LCDA'

    Economy

    Ambode, on Saturday said local government elections would engender participatory governance and revive belief in the electoral process at the third tier of government. Of the 51 votes cast, the APC scored 44 for chairmanship and 43 for councillorship positions, leaving the PDP with paltry six votes for both positions being contested in the Local Government elections.