Economy

Whyalla steelmaker Arrium to be sold to British company Liberty House

That said, in Arrium's case, the deal provides relief and certainty about the company's future. Deed administrator Mark Mentha said the proposal was a great result for Arrium's employees, as well as the city and people of Whyalla where its steelworks are based.

Emirates Says Laptop Ban on US Flights Lifted

Abu Dhabi airport's operator had previously disclosed that its US-bound flights were no longer subjected to the ban owing to validation of its U.S. pre-clearance system. Thousands of Indians, who take connecting flights from Dubai airport to the USA, were also affected by the ban. In March, the USA banned the use of laptops and other large electronic devices inside the cabin on flights to and from eight mostly Muslim nations, in fear that they might contain bombs.

India services PMI hits 8-month high in June

The Nikkei/IHS Markit Services Purchasing Managers' Index (PMI) jumped to 53.1 in June from 52.2 in May. "The Spanish service sector ended the first half of 2017 with a flourish, with PMI data for June signalling the strongest increases in output and new orders for nearly two years and employment growth picking up as well", said Andrew Harker , a senior economist at HIS Markit.

Is LG working on a toned down version of LG G6?

On the camera department, the LG Q6 will only get a single camera with 13 MP unlike the LG G6 , which came with a dual camera setup consisting of a standard lens and a wide-angle lens. We wonder how small will the upcoming LG Q6 be with a 5.4-inch screen and a wide aspect ratio. For you reference, the G6 comes with a screen-to-body ratio of 78.6 percent.

Flipkart offers $550 million to take over Snapdeal; investors to renegotiate valuation

Snapdeal , which is operated by Jasper Infotech, opened its books to Flipkart in May for the company to run a due diligence process on it. Japan's SoftBank, Snapdeal's biggest investor, is keen to fold the e-commerce firm into Flipkart as it plans to invest in the larger player at the same time and sell Snapdeal in an all equity deal, giving itself a sizeable stake in India's biggest e-commerce firm.

ITTF Africa Cup:Quadri Edges Egypt's Assay, Qualifies For ITTF World Cup

Quadri who played without a coach was formidable throughout the encounter even when Assar was in the lead. An elated Aruna Quadri said after the game that he was lucky to have outclassed his opponent. With this win, the 28-year-old has now qualified for the 2017 ITTF World Cup . "As a bronze medalist at the last Commonwealth Games in Glasgow, Scotland, it is the wish of Aruna to move a step higher at the next Games in Australia".

Oklahoma City Thunder sign Patrick Patterson to three-year, $16.4 million deal

He logged 24-minutes-per-game for the Raptors, collecting 4.5-rebounds-per-game. The 28-year-old reportedly received a three-year, $16.4 million deal, with the third year being a player option. That deal saw another forward, Domantas Sabonis , exit the Thunder for the Pacers. A first-round pick by the Rockets in 2010 out of Kentucky, Patterson spent 2 1/2 seasons in Houston.

Tencent shares extend losses on play-time limits, criticism of popular game

The blasts followed on from China's biggest messaging and games company announcing curbs on playing time for minors among the game's estimated 100 million-plus monthly active users. One stark report was about a 13-year-old student in Hangzhou jumping from the 4th floor of a building after being scolded by his father for being obsessed with the game.

GST effect: Centre tells shopkeepers to reprint revised MRP

The rule will remain in effect till September 30. The Central government has already allotted a three-month grace period to factor in GST in the MRP and reprint the revised rates on the product. Department of Consumer Affairs has allowed change in Maximum Retail Price (MRP) on unsold stock prior to implementation of GST till September 30. The Centre on Tuesday allowed manufactures struck with unsold inventories manufactured before July 1, to change their MRP by pasting stickers.

China invites foreign experts to treat Nobel laureate Liu

China has invited medical experts from the USA and Germany to come and help treat cancer-stricken Nobel laureate Liu Xiaobo , authorities said on Wednesday. Amid global criticism over how China is handling Liu's ailing condition, authorities say they have assembled a team of eight Chinese specialists to oversee his treatment and have released statements testifying to the care he is receiving.

Derrick Rose to meet with Clippers

Rose averaged 18.0 points and 4.4 assists in 64 games last season with the New York Knicks . Those fit issues may not matter, though, as the Bucks have such a long ways to go to free up the necessary cap space to make a deal for Rose. Griffin recently signed a five-year, $175 million deal with the Clippers. Another Summer League prospect Nigel Hayes reportedly agreed to a partially-guaranteed deal after going undrafted.

Marijuana recreational pot sale is on with regulations in Nevada

Purchases are limited to 1 ounce per person, per transaction; and to persons 21 and older, KSNV reported. And while some surely didn't follow the law, Metro Police as of 5 p.m. Sadly, this type of activity will not be the next big tourist attraction in Las Vegas for the rest of 2017 because the new recreational marijuana law in Nevada has a catch.

Nevada's leading rusher will play for Iowa this season

Butler will be a Graduate Transfer and is immediately eligible to play for the Hawkeyes. Butler thanked Nevada fans and coaches "for taking a young kid from the Midwest and treating me like I am one of your own, " saying he was extremely grateful for the support he received since arriving on campus in the fall of 2014.

China's elevated road bus may have been a scam after all

In theory, the Transit Elevated Bus , or TEB, is an electrically powered, 300-passenger vehicle that moves atop tracks straddling the highway while allowing road traffic to flow below. In recent months, rumors have been swirling that the Beijing-based company behind the mega-bus had illegally obtained funds from the public. As public scrutiny increased, the test track and the huge prototype fell into disuse.

Commerce, connectivity key areas of cooperation with ASEAN: Sushma

The Minister said India ASEAN share historical, geographical and civilisational ties and as such, they are natural partners. Speaking at the Delhi Dialogue IX, a platform for discussion between ASEAN and India, Vietnamese Deputy Prime Minister Pham Binh Minh said that India should support freedom of navigation in the South China Sea on the basis of worldwide law and conventions.

More pressure piled on LeEco as CEO's bank accounts and assets frozen

Starting out as a Netflix-like video streaming service, the Beijing-based LeEco positioned itself as an Apple slayer and Telsa challenger by making expensive forays into smartphones and television manufacturing, and electric vehicle development.

Fairfax ends talks with PE suitors without formal bid

Fairfax grants due diligence to both TPG and Hellman & Friedman, allowing them to analyse the books of the media company to assess if an appropriate deal can be reached. It was estimating earnings before interest, tax, depreciation of between $A262 million and $A266 million, with overall group revenue down 6% during the second half of the financial year.

Milos Raonic advances at Wimbledon with straight-sets victory

The big-serving Canadian, who fell in the opening round at the Aegon Championships at Queen's Club last week, said he arrived into grasscourt season in better physical shape as he targets his first grand slam title over the next fortnight.

Convicted killer set to die almost 30 years after conviction

The execution of death row inmates in Florida had been halted after their sentencing procedure was deemed unconstitutional [opinion, PDF] by the US Supreme Court. The high court dropped the inquiry after Mary Catherine Bonner, who repeatedly missed critical deadlines in death penalty cases, resigned from a statewide registry that made her eligible to represent defendants in capital cases.

Deutsche Bank AG (DB) Stock Rating Upgraded by BidaskClub

Deutsche Bank AG had 17 analyst reports since September 17, 2015 according to SRatingsIntel. Among 13 analysts covering Deutsche Bank AG (NYSE:DB), 3 have Buy rating, 7 Sell and 3 Hold. Ladenburg Thalmann Financial Services Inc. boosted its position in Deutsche Bank AG by 131.0% in the fourth quarter. Deutsche Bank AG (DB ) now has P/E (Price to Earnings) ratio of 0 while the company's industry has 21.1 P/E and the sector P/E is 29.34.

What Are Analysts Report About Delcath Systems, Inc. (DCTH)

Delcath Systems Inc (NASDAQ: DCTH) has grabbed attention from the analysts when it saw a value decrease of -1.99% or 0 points in the last trading session to close at $0.2. now shows a Weekly Performance of 23.13%, where Monthly Performance is 860.98%, Quarterly performance is 124.63%, 6 Months performance is -78.11% and yearly performance percentage is -95.08%.

Dollar steadies after worst quarter in seven years

The BNP Paribas' analyst Sam Lynton-Brown in London noted that "The reason why USA yields have gone up is important: they have been following European yields higher in the past week", Brown added that "What that tells you is that dollar-yen is the safest dollar long and dollar-yen is near the highs".

Comerica Bank Decreases Stake in Yamana Gold Inc. (NYSE:AUY)

BlueCrest Capital Management purchased a fresh position in Yamana Gold during the Q1 valued $857,000. The stock Hit its 1-year high of $5.99 on 07/13/16 and its 1-year low price of $2.33 on 06/20/17. The stock is now moving with a Negative distance from 200-Day Simple Moving Average of about -21.5% and has no so good Year to Date (YTD) Performance of -13.52% which means the stock is constantly adding to its value from previous fiscal year end price.

Pier 1 Imports' (PIR) "Sell" Rating Reaffirmed at Deutsche Bank AG

WARNING: "Pier 1 Imports, Inc". Additionally, the company, through certain subsidiaries, operates stores in the United Kingdom under the name The Pier. Pier 1 Imports's revenue was down 2.1% on a year-over-year basis. Equities analysts predict that Pier 1 Imports, Inc. will post $0.47 EPS for the current year.

Nilekani, Aggarwal float $100 million fund

Two Indian technology veterans have set up a new fund that they hope will help the county churn out world-class, billion dollar startups. The fund has a corpus of $100 Mn. In the last three years I've experienced working with start-ups and I've made investments-one thing that struck me was that while there was a lot of start-up activity, what we really need is scale-up where people are focused on building companies for the long term.

Investors Purchase High Volume of Anheuser Busch Inbev NV Put Options (BUD)

The lowest price the stock reached in the last trading day was $109.82 and compares with the $98.28 52-week low. About 837,095 shares traded. AT&T Inc. Harvest Cap Mgmt holds 0.54% or 29,161 shares in its portfolio. Anheuser Busch Inbev NV (ADR) (NYSE:BUD) has declined 3.55% since June 30, 2016 and is downtrending.

Congress demands concession on domestic LPG post GST

After a 5% levy on subsidised cooking gas cylinders (LPG) under the Goods and Services Tax (GST), the prices of this category went up by up to Rs 32 per cylinder. This is the steepest increase in domestic subsidised LPG rate since June 25, 2011, a hike of Rs 50 per cylinder, which was necessitated due to a jump in global oil prices.

Michelle Branch Gets Engaged to Black Keys' Drummer Patrick Carney

While working together, Branch tells Billboard they "started realizing that we were completely falling in love". The singer shares an 11-year-old daughter with her estranged husband. While he didn't mention their recent engagement, Carney also shared an adorable shoutout to his now-fiancée wishing her a happy birthday. "Pat has said, 'I remember seeing you on MTV in the early 2000s and thinking you were really cute, '" Branch added.

Opko Health (OPK) Getting Positive News Coverage, Study Finds

On Friday, June 30th, Phillip Md Et Al Frost acquired 3,600 shares of Opko Health stock. Its Average True Range (ATR) value figured out at 6.30. The CEO now owns $1,077,815,212 of the stock according to the SEC filing. During the same quarter in the previous year, the firm earned ($0.02) EPS. World Asset Management Inc raised its position in shares of Opko Health by 23.6% in the first quarter.

MagnaChip Semiconductor Corpora (NYSE:MX) Experiences Heavier than Average Trading Volume

April 22 investment analysts at Citigroup left the company rating at "Neutral" and lowered the price expectation from $20.00 to $15.00. The market experts are predicting a 12.24% rally, based on the high target price ($11) for MagnaChip Semiconductor Corporation shares that is likely to be hit in the 52 weeks.

Forward View Upgrades West Marine, Inc. (WMAR) to "Hold"

Franks International NV (FI) has declined 43.86% since June 30, 2016 and is downtrending. Why to Observe Volume of West Marine, Inc. (NASDAQ: WMAR ) is a huge mover today! It was reported on Jun, 30 by Barchart.com. It has a 38.09 P/E ratio. West Marine operates more than 250 stores in 38 states and Puerto Rico, along with an e-commerce website reaching domestic, worldwide and professional customers.

Meister's Corvex Said To Target Clariant In Bid To Derail Huntsman Merger

The leading shareholders of two U.S. activist investment firms - Corvex Capital Management and 40 North Management - have sought to derail the $20bn merger of chemical specialists Clariant and Huntsman, citing concerns over strategic rationale.

Texas Instruments Incorporated (NASDAQ:TXN), Spherix Inc (NASDAQ:SPEX)

Spherix Incorporated (NASDAQ:SPEX) produced a 268.63% rally since recording the worst price of $0.83. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. The mean rating score for this stock is at 3.20. The Beta for the stock stands at 0.68. The company has a Return on Assets (ROA) of 186.20%. Wall Street analysts covering the stock are projecting that the stock will reach $19 within the next 52-weeks.

Most Active Volume Stock: Chesapeake Energy Corporation (CHK)

What may go somewhat undetected is the slow and steady rise or fall of a particular stock. About 2.20M shares traded. It is down 25.44% since July 3, 2016 and is uptrending. Amica Pension Fund Board Of Trustees holds 24,932 shares. Point72 Asset Mgmt L P reported 301,200 shares. This company shares are 26.37% off its target price of $6.47 and the current market capitalization stands at $4.64B.

Mamata alleges humiliation by Governor, Tripathi says no such incident

Ms. Banerjee said that the dispute erupted over a Facebopok post and she had directed the authorities to handle the matter. The clashes led to a war of words between the chief minister and Governor Keshari Nath Tripathi . "However, there was nothing insulting in the talks that the Hon'ble Chief Minister may have felt insulted, threatened or humiliated". The Hon'ble Governor did say to the Hon'ble Chief Minister to ensure peace, law and order by all means.