Markets
Faced with possible European Union fine, GE says acted in good faith
The European Commissions says it suspects GE failed to provide full information about its wind products ahead of its $1.6 billion acquisition of Danish energy company LM Wind earlier this year. GE said in a statement that: "We believe we acted in good faith to meet the EC disclosure requirements and there was no intent to mislead". The EU commission said the probes won't impact the approval proces... [Full Article...]
France's climate plan includes ending fossil fuel vehicle sales by 2040
Mr Hulot said, 'We want to demonstrate that fighting against climate change can lead to an improvement of French people's daily lives'. Mr Hulot said he recognised the target would put pressure on France's vehicle manufacturers, but he said they now had projects which "can fulfil that promise". [Full Article...]
USA trade deficit fell in May; gaps with Mexico, China rose
Statistics Canada says the country's trade deficit grew to $1.1 billion in May compared with a $552-million deficit in April. The foreign-trade gap in goods and services narrowed 2.3% from the prior month to a seasonally adjusted $46.51 billion in May, the Commerce Department said Thursday. [Full Article...]
Jennifer Lopez releases new song
Jennifer Lopez's performance tonight at the Macy's 4th of July celebration won't be just any performance. During the performance, JLo looked phenomenal in a Fausto Puglisi dress and wowed the audience with her fiery vocals and moves. Are you excited for Jennifer Lopez's forthcoming Spanish album? Earlier this year, "I ain't your mama" star released her first Spanish single " Mirate " at the ... [Full Article...]
Honor 8 Pro Smartphone With Dual Rear Cameras Launched At Rs. 29999
The company has touted the adaptive nature of the OS in the past, and claims that 90 percent of core operations can be completed in 3 easy steps. and sports a 5.7-inch QHD (1440x2560 pixels) LTPS LCD display with Gorilla Glass 3 protection. [Full Article...]
Shares in DDR Corp. (DDR) Acquired by Oppenheimer Asset Management Inc
Sandler O'Neill cut shares of DDR Corp. from a "buy" rating to a "hold" rating and dropped their price target for the company from $16.00 to $14.00 in a research note on Monday, March 13th. Following the purchase, the chief operating officer now owns 66,361 shares of the company's stock, valued at approximately $585,967.63. The transaction was disclosed in a legal filing with the Securities & Exch... [Full Article...]
Electronic bans lifted for flights from Doha to US
The new measures, which take effect within three weeks of the announcement, will affect around 3,25,000 daily passengers travelling on 180 airlines from 280 airports around the world, according to the U.S. Qatar Airways' CEO, Akbar Al Baker, said last month the company is scheduling more flights to other destinations to make up for the lost business. As part of new security protocols implemented... [Full Article...]
South Korea calls for tougher sanctions against North Korea after missile test
US wants KORUS-2, South Korea would rather deal with specific issues . Success will depend largely on whether the Koreas can avoid the violence and animosity that has ruined sports cooperation throughout their history. North Korea is ranked 25th. The countries' athletes conduct a joint march at the opening and closing ceremonies. Still, South Korean officials are looking at other ways to ge... [Full Article...]