Markets
European Union court orders re-examination of Intel anti-trust fine
The EU General Court upheld the fine in 2014 but now, the top court referred it back for further examination to see to what extent such rebates restricted competition. "The Court therefore sets aside the judgment of the General Court as a result of that failure in its analysis of whether the rebates at issue were capable of restricting competition", the ECJ said. [Full Article...]
U.S. gasoline prices slip as oil industry bounces back from Harvey
Refineries are quickly returning to production and only about 11 percent of all USA refining capacity remained closed on Monday, Commerzbank said in a report. As oil infrastructure damage appeared to be less extensive than some had feared, gasoline futures fell 3.28 per cent to $1.6906 a gallon. This has meant "unusual trade routes are opening up" to both fill the gap left by the Gulf Coast re... [Full Article...]
Dynagas LNG Partners LP Common (NYSE:DLNG) Sees Significantly Higher Trading Volume
The dividend was $0.423 per share for the quarter which is $1.69 annualized. About shares traded. Boston Properties, Inc. Golar LNG Limited ( NASDAQ:GLNG ) opened at 21.45 on Tuesday. Therefore 83% are positive. Intuit had 59 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was upgraded by Nordea to "Buy" on Wednesday, June 1. [Full Article...]
Swiss invent new pink chocolate
As Hershey cuts 15 percent of its staff and Nestle tries to sell its US chocolate business, ruby chocolate raises the possibility that next Valentine's Day may arrive with store shelves full of natural pink chocolate hearts. 'It has a nice balance that speaks a lot to millennials'. Consumer research run by independent agencies Haystack and Ipsos in the United Kingdom, the United States, China and ... [Full Article...]
China brands ICOs 'illegal fundraising' and bans them outright
After denouncing bitcoin , which is not as easily manipulated by sovereign powers as fiat currencies , China invested in it as a means of exercising more control over the budding cryptocurrency market . Cryptocompare has found that, to date, ICOs have raised $2.32 billion, according to Reuters . MAS is now assessing how to regulate financial activities involving digital currencies so as... [Full Article...]
RBA makes rate announcement: September 2017
Lowe said that he was confident that the current environment of low wage growth in the Australian labor market would reverse course as a factor of supply and demand. Retail sales have picked up recently, although slow growth in real wages and high levels of household debt are likely to constrain future growth in spending. [Full Article...]
What is DACA? Key Questions Answered About the Program
His decision ignited controversy and legal challenges, though polls show a large majority of Americans support measures that would allow people who came to the country illegally as children to remain. "They played by the rules", he said. "They are here illegally". They shouldn't be very anxious. I do have a big heart. So we are going to continue. [Full Article...]
#GuptaCurse: Global companies pull plug on Bell Pottinger, as SA celebrates
The Bell Pottinger spokesman added that the firm would implement "strong measures to scrutinise work and build strong best practice culture". Global law firm Herbert Smith Freehills published its findings on Monday, 4 September and concluded that Bell Pottinger's South African campaign was "potentially racially divisive" and breached ethical principles. [Full Article...]