Tag: falls

  • Oracle stock falls after Berkshire dissolves its stake

    Oracle stock falls after Berkshire dissolves its stake

    [ad_1] Oracle stock fell 2 percent on Thursday after Berkshire Hathaway disclosed that it dissolved its stake in the technology company. The news came in a regulatory filing from Berkshire Hathaway, which had held 41.4 million Oracle shares at the end of the third quarter. The shares were worth $2.13 billion at the time. Oracle…

  • Kevin Falls Off the Wagon

    Kevin Falls Off the Wagon

    [ad_1] Kevin struggled with his sobriety due to his interactions with Nicky while Kate and Randall reminisced about their very different childhood memories during the Tuesday, February 12, episode of This Is Us, titled “Songbird Road: Part 2.” Winter TV A-Z: Scoop on 26 New and Returning Shows Battling Demons Kevin (Justin Hartley), Randall (Sterling K.…

  • U.S. small business confidence falls to more than two-year low

    U.S. small business confidence falls to more than two-year low

    [ad_1] A man washes a car at a small corner carwash business in Selma, Alabama, U.S., December 16, 2017. REUTERS/Carlo Allegri WASHINGTON (Reuters) – U.S. small business optimism tumbled last month to its lowest level since President Donald Trump’s election more than two years ago amid growing uncertainty over the economic outlook. The National Federation…

  • Felix Auger-Aliassime falls in 1st round of Argentina Open

    Felix Auger-Aliassime falls in 1st round of Argentina Open

    [ad_1] Canada’s Felix Auger-Aliassime was eliminated in the first round of the Argentina Open on Monday. The Montreal teenager was defeated 3-6, 7-5, 6-3 by Christian Garin of Chile at Buenos Aires Lawn Tennis Club. Auger-Aliassime converted on 5 of 12 break points as opposed to six breaks for Garin. The 18-year-old Canadian also had…

  • Canadian dollar dips as oil falls, investors demand greenbacks

    Canadian dollar dips as oil falls, investors demand greenbacks

    [ad_1] TORONTO (Reuters) – The Canadian dollar edged lower against its U.S. counterpart on Monday as oil prices fell and investors sought to own greenbacks, betting that the U.S. currency would fare best as the global economy slows. FILE PHOTO: A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture…

  • Cassie Sharpe falls short of elusive ski halfpipe world title

    Cassie Sharpe falls short of elusive ski halfpipe world title

    [ad_1] ​Canadian ski halfpipe star Cassie Sharpe is still searching for a world title. The reigning Olympic champion from Comox, B.C., didn’t complete her third and final run on Saturday, scoring 32.00 points for a second-place finish at the freestyle ski and snowboard world championships in Park City, Utah. The 26-year-old secured the silver medal with a first run…

  • Italy news: Industrial production falls AGAIN – fears over long-term recession | City & Business | Finance

    Italy news: Industrial production falls AGAIN – fears over long-term recession | City & Business | Finance

    [ad_1] The latest data from the Italian National Institute of Statistics (Istat) revealed output slumped 0.8 percent in December from November. This is in surprise contrast to projections of economists polled by Bloomberg and Reuters, who had forecasted a 0.4 percent gain. Industrial production plunged 5.5 percent on an annual basis – the biggest drop…

  • Pound LIVE: GBP Sterling SURGES against euro as Germany falls into ‘RECESSION’ | City & Business | Finance

    Pound LIVE: GBP Sterling SURGES against euro as Germany falls into ‘RECESSION’ | City & Business | Finance

    [ad_1] Theresa May’s spokesperson has confirmed Brexit Secretary Stephen Barclay will meet the EU’s chief Brexit negotiator Michel Barnier to discuss discuss alternative arrangements to the backstop. In addition, the prospect of Labour voting for a Brexit deal became more likely after the party softened its red lines and indicated it would work with the…

  • Wall Street falls at open on global growth worries

    Wall Street falls at open on global growth worries

    [ad_1] FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 28, 2019. REUTERS/Brendan McDermid/File Photo (Reuters) – U.S. stocks opened lower on Thursday as worries over a global slowdown were rekindled after the European Union cut its economic growth forecasts, while a slew of dismal…

  • Delivery driver falls asleep and crashes into four Ferraris

    Delivery driver falls asleep and crashes into four Ferraris

    [ad_1] A young motorist is facing an enormous repair bill after crashing into four parked supercars while working as a delivery driver. The 20-year-old allegedly fell asleep at the wheel while delivering joss paper for his single mum’s business, causing over $900,000 worth of damage. Known as Lin, the poverty-stricken driver claimed he was too…

  • U.S. trade deficit for November falls as imports decline

    U.S. trade deficit for November falls as imports decline

    [ad_1] WASHINGTON (Reuters) – The U.S. trade deficit narrowed sharply in November amid declines in imports of cellphones and petroleum products. A container ship arrives at Yusen Terminals (YTI) on Terminal Island at the Port of Los Angeles in Los Angeles, California, U.S., January 30, 2019. REUTERS/Mike Blake The Commerce Department said on Wednesday the…

  • Amazon falls on fears of regulation in India and increased spending

    Amazon falls on fears of regulation in India and increased spending

    [ad_1] Jim Watson | AFP | Getty Images Amazon and Blue Origin founder Jeff Bezos provides the keynote address at the Air Force Association’s Annual Air, Space & Cyber Conference in Oxen Hill, MD, on September 19, 2018. Amazon fell 4 percent Friday morning after the company announced on a call with investors it would…

  • Amazon sales outlook falls short after record holiday quarter

    Amazon sales outlook falls short after record holiday quarter

    [ad_1] (Reuters) – Amazon.com Inc on Thursday forecast first-quarter sales below Wall Street estimates as new regulations in India created uncertainty around one of its key growth markets, even as the online retailer reported record holiday sales and profit. Shares of the company fell more than 5 percent to $1,623.90 after the bell, sliding as…

  • Canada reduces presence in Cuba after another diplomat falls mysteriously ill

    Canada reduces presence in Cuba after another diplomat falls mysteriously ill

    [ad_1] A 14th Canadian has fallen ill to an unexplained illness in Havana, Cuba, prompting further reductions in embassy staffing in the country. Canadian government officials, speaking on the condition of anonymity, say Global Affairs Canada will consider halving its diplomatic presence in the Cuban capital, potentially reducing its representation by eight people from the…

  • Amgen 2019 forecast falls short of expectations, shares dip

    Amgen 2019 forecast falls short of expectations, shares dip

    [ad_1] (Reuters) – Amgen Inc on Tuesday reported fourth-quarter profit that easily surpassed expectations as sales rose and tax expense fell, but competition for its older medicines is growing and the drugmaker forecast 2019 earnings below Wall Street estimates. FILE PHOTO: An Amgen sign is seen at the company’s office in South San Francisco, California…

  • S&P falls with technology drag; 3M boosts Dow

    S&P falls with technology drag; 3M boosts Dow

    [ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 29, 2019. REUTERS/Brendan McDermid (Reuters) – Wall Street was mixed on Tuesday, with technology shares dipping ahead of Apple’s quarterly report while a rebound in 3M and other industrials elevated the Dow Jones Industrial Average. The Dow…

  • Xerox fourth-quarter revenue falls 7.8 percent

    Xerox fourth-quarter revenue falls 7.8 percent

    [ad_1] FILE PHOTO – The logo of Xerox company is seen on a building in Minsk, Belarus, March 21, 2016. REUTERS/Vasily Fedosenko/File Photo (Reuters) – Xerox Corp reported a 7.8 percent fall in fourth-quarter revenue on Tuesday, as businesses continue to cut back spending on printers and photocopiers. Net income attributable to the company was…

  • Oil falls as U.S. adds new rigs, China weakness rattles market

    Oil falls as U.S. adds new rigs, China weakness rattles market

    [ad_1] LONDON (Reuters) – Oil fell nearly 2 percent on Monday after U.S. companies added rigs for the first time this year, a signal that crude output may rise further, but the price is still on course for its strongest January gain for 14 years. FILE PHOTO: Crude oil storage tanks are seen from above…

  • Rusal shares soar, aluminum falls as U.S. lifts sanctions

    Rusal shares soar, aluminum falls as U.S. lifts sanctions

    [ad_1] WASHINGTON/MOSCOW (Reuters) – U.S. President Donald Trump’s administration on Sunday lifted sanctions on the core empire of Russian tycoon Oleg Deripaska, including aluminum giant Rusal and its parent En+, despite a Democrat-led push to maintain them. FILE PHOTO: Aluminium ingots are seen stored at the foundry shop of the Rusal Krasnoyarsk aluminium smelter in…

  • When the market falls and people feel less wealthy, this stock gets hit hard

    When the market falls and people feel less wealthy, this stock gets hit hard

    [ad_1] “As financial volatility looms, we believe consumers will be more conscious of their spending, which can be a factor contributing to weaker auction sales,” Chen said in a note Thursday. “As consumers become less optimistic about valuation, they will likely hold back on putting their pieces up for auctions, leading to contracted supply gathering…

  • Oil falls ahead of China data, but OPEC-led cuts support

    Oil falls ahead of China data, but OPEC-led cuts support

    [ad_1] SINGAPORE (Reuters) – Oil prices dipped on Monday, weighed down by expectations that China will report its weakest economic growth in almost three decades amid waning domestic demand and painful U.S. tariffs. FILE PHOTO: A VLCC oil tanker is seen at a crude oil terminal in Ningbo Zhoushan port, Zhejiang province, China May 16,…

  • Snap stock falls after CFO resigns less than one year into his job

    Snap stock falls after CFO resigns less than one year into his job

    [ad_1] Michael Nagle | Bloomberg | Getty Images Evan Spiegel, co-founder and chief executive officer of Snap Inc., stands on the floor of the New York Stock Exchange during the company’s initial public offering on Thursday, March 2, 2017. Snap shares plummeted more than 11 percent in premarket trading Wednesday following the company’s announcement Tuesday…

  • Chipmaker Western Digital falls after Evercore ISI downgrade

    Chipmaker Western Digital falls after Evercore ISI downgrade

    [ad_1] Kiyoshi Ota | Bloomberg | Getty Images Steve Milligan, chief executive officer of Western Digital Corp. Shares of data storage company Western Digital fell more than 4 percent in the premarket Monday after an analyst at Evercore ISI said the market has not fully price the competitive hurdles the company faces. “The current competitive…

  • Chinese FDI into North America, Europe falls 73 percent in 2018: report

    Chinese FDI into North America, Europe falls 73 percent in 2018: report

    [ad_1] A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration FRANKFURT (Reuters) – Chinese foreign direct investment into North America and Europe fell by 73 percent to a six-year low last year as the United States tightened scrutiny of deals and Chinese restrictions on outbound investment bit, law firm…

  • MongoDB falls after Amazon launches competing cloud service

    MongoDB falls after Amazon launches competing cloud service

    [ad_1] Shares of MongoDB were down about 10 percent Thursday after Amazon introduced cloud-based database software that represents direct competition. In its quest to grow larger, parts of Amazon — currently the world’s most valuable public company — have at times ended up competing with certain business partners. That has happened before in the market-leading…

  • Canadian teen Auger-Aliassime falls short of Australian Open main draw

    Canadian teen Auger-Aliassime falls short of Australian Open main draw

    [ad_1] Montreal’s Felix Auger-Aliassime fell short in his bid to advance into the main draw of the Australian Open, falling 7-6 (4), 6-3 to American Christopher Eubanks in a second-round qualifying match Thursday. The 18-year-old Auger-Aliassime, seeded second in the qualifying tournament, never had a break opportunity against his American opponent and failed to defend…

  • Confidence falls, property industry, lending conditions, federal election, ANZ, taxes, Brisbane

    Confidence falls, property industry, lending conditions, federal election, ANZ, taxes, Brisbane

    [ad_1] CONFIDENCE in Queensland’s property industry has crashed to its lowest level in five years amid uncertainty over tighter lending conditions and the upcoming federal election. The latest quarterly ANZ/Property Council Survey shows a drop in sentiment to 118 index points for the March 2019 quarter — lower than any other jurisdiction. National confidence declined…

  • Roku falls after Citron calls it ‘uninvestable’

    Roku falls after Citron calls it ‘uninvestable’

    [ad_1] Roku dipped about 6.5 percent Tuesday morning after Citron Research called the stock “uninvestable” in a tweet in light of changes to the competitive landscape. Tweet The stock surged 25 percent the day before after releasing early Q4 viewership numbers that beat analyst expectations. Roku, which offers streaming players and TV models that allow…

  • Bianca Andreescu falls in ASB Classic final

    Bianca Andreescu falls in ASB Classic final

    [ad_1] 18-year-old qualifier Bianca Andreescu of Mississauga, Ont., lost to the defending champion Julia Goerges of Germany 2-6, 7-5, 6-1 in the final of the ASB Classic in Auckland, New Zealand. [ad_2] Source link

  • Raonic falls to Medvedev in Brisbane quarter-finals

    Raonic falls to Medvedev in Brisbane quarter-finals

    [ad_1] Fourth-seeded Daniil Medvedev reached the semifinals at the Brisbane International by beating Canada’s Milos Raonic 6-7 (2), 6-3, 6-4 on Friday. The score was level at 4-4 in the third when Medvedev got the decisive break on a succession of unforced errors from the 2016 Brisbane champion. The fifth-seeded Raonic, of Thornhill, Ont., couldn’t…

  • Oil falls to $53 on economic worries, surging supply

    Oil falls to $53 on economic worries, surging supply

    [ad_1] LONDON (Reuters) – Oil fell to around $53 a barrel on Wednesday, pressured by rising output in major OPEC and non-OPEC producers and concern about an economic slowdown that could weaken demand. FILE PHOTO: Oil rigs in a storage facility wait to be transported to the oil field in Midland, Texas U.S. August 22,…

  • Oil falls in first day of 2019 trading as supply surges, economy slows

    Oil falls in first day of 2019 trading as supply surges, economy slows

    [ad_1] SINGAPORE (Reuters) – Oil prices fell on Wednesday on the back of surging U.S. crude production and concerns about an economic slowdown in 2019, as China’s factory activity showed signs of contraction. FILE PHOTO: Oil rigs in a storage facility wait to be transported to the oil field in Midland, Texas U.S. August 22,…

  • World juniors roundup: Denmark falls again despite improved effort

    World juniors roundup: Denmark falls again despite improved effort

    [ad_1] Alexander Romanov had a goal and two assists as Russia beat Denmark 4-0 Thursday at the world junior hockey championship in Vancouver.  Despite the loss, it was a much improved effort from a Danish team that was trounced 14-0 by Canada on Wednesday in its tournament opener. Vitali Kravtsov had a goal and an…

  • Wall St. falls more than 2 percent after consumer confidence data

    Wall St. falls more than 2 percent after consumer confidence data

    [ad_1] (Reuters) – U.S. stocks extended losses on Thursday, with the Dow Jones Industrial Average shedding nearly half of its more than 1,000 point gain notched in the previous session after data showed consumer confidence in December fell to its lowest level since July. At 10:31 a.m. EDT the Dow Jones Industrial Average .DJI was…

  • Oil falls in line with stricken stock markets

    Oil falls in line with stricken stock markets

    [ad_1] LONDON (Reuters) – Oil fell on Monday, in line with another decline across global stock markets, which came under pressure from concern about a U.S. government shutdown and a worsening world economy. FILE PHOTO: A pump jack operates in the Permian Basin oil production area near Wink, Texas U.S. August 22, 2018. Picture taken…

  • Guyana government falls after losing non-confidence motion

    Guyana government falls after losing non-confidence motion

    [ad_1] A lawmaker from the ruling coalition in Guyana voted late Friday with the opposition in a non-confidence motion, bringing down the administration of President David Granger and forcing fresh elections by March. Government legislator Charrandass Persaud said: “I voted with my conscience.” The main opposition People’s Progressive Party (PPP) said it was emboldened by…

  • S&P and Dow gain, while Nasdaq falls in volatile session

    S&P and Dow gain, while Nasdaq falls in volatile session

    [ad_1] (Reuters) – Wall Street swung between losses and gains in volatile trading on Friday that traders blamed on the expiration of stock futures and options, with only the defensive sectors staying higher consistently, highlighting concerns over slowing growth. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S.,…

  • Twitter Inc: Falls on short-seller Citron Research’s report

    Twitter Inc: Falls on short-seller Citron Research’s report

    [ad_1] An illustration picture shows the Twitter logo reflected in the eye of a woman in Berlin, November 7, 2013. REUTERS/Fabrizio Bensch/Illustration/File photo – Shares of social media company Twitter down 11.3 pct at $29.22; set for its biggest one-day pct fall in nearly five months – Short-seller Citron Research says TWTR “has become the…

  • Oil falls, U.S. crude dips below $50 on oversupply fears

    Oil falls, U.S. crude dips below $50 on oversupply fears

    [ad_1] NEW YORK (Reuters) – Oil prices fell more than 2 percent on Monday, with U.S. crude tumbling below $50 a barrel, on signs of oversupply in the United States and as investor concern over global economic growth and fuel demand grows. A gas station worker pumps fuel into a motorbike at a gas station…

  • Canucks’ rally falls short as Preds escape with OT victory

    Canucks’ rally falls short as Preds escape with OT victory

    [ad_1] Colton Sissons scored 3:05 into overtime to give the Nashville Predators a 4-3 victory over the Vancouver Canucks on Thursday night. Ryan Hartman, Nick Bonino and Calle Jarnkrok also scored and Pekka Rinne made 19 saves for the Predators, winners of two straight. Jay Beagle, Brock Boeser and Bo Horvat had the goals for…

  • Apple falls after Qualcomm injunction in China bans most iPhone sales

    Apple falls after Qualcomm injunction in China bans most iPhone sales

    [ad_1] ARis Oikonomou | AFP | Getty Images Tim Cook, CEO of Apple, speaks in Brussels, on October 24, 2018.  Apple was down about 2 percent Monday morning after a Chinese court banned the import and sale of most iPhone models in the country as part of an injunction. Qualcomm requested the injunction for alleged…

  • Black unemployment rate falls to 5.9%, ties record low hit this year 

    Black unemployment rate falls to 5.9%, ties record low hit this year 

    [ad_1] Patrick T. Fallon | Bloomberg | Getty Images Job seekers wait in line to speak with representative during the TechFair LA career fair in Los Angeles. The employment picture for black Americans is better than ever. On Friday, the rate of unemployed Africans Americans in the United States fell 0.3 percent to 5.9 percent,…

  • Oil falls after OPEC delays output decision

    Oil falls after OPEC delays output decision

    [ad_1] LONDON (Reuters) – Oil fell in choppy trading on Thursday after OPEC ended a key meeting having made no decision on crude output, as it prepared to debate the matter with other exporters the next day. The logo of the Organisation of the Petroleum Exporting Countries (OPEC) is seen at OPEC’s headquarters in Vienna,…

  • Bitcoin falls over 7 percent, heads towards one-year low

    Bitcoin falls over 7 percent, heads towards one-year low

    [ad_1] Bitcoins are seen in this illustration picture taken September 27, 2017. REUTERS/Dado Ruvic/Illustration LONDON (Reuters) – Bitcoin fell as much as 7 percent on Friday BTC=BTSP, heading towards a recent one-year low in a broad-based selloff in cryptocurrencies. The world’s biggest and best-known cryptocurrency fell to $3,920.35 in late morning trade, heading towards a…

  • Vortex Air pilot falls asleep flying to King Island, Tasmania

    Vortex Air pilot falls asleep flying to King Island, Tasmania

    [ad_1] A commercial pilot is under investigation after falling asleep in the cockpit of a freight plane and missing his destination in Tasmania by 46km, officials said. The pilot, who has not been identified, was the only person aboard the twin- propeller Piper PA-31 Navajo Chieftain and was flying on autopilot during the early morning…

  • NRL to take grand finals to Brisbane if Allianz Stadium upgrade falls through

    NRL to take grand finals to Brisbane if Allianz Stadium upgrade falls through

    [ad_1] NRL Chairman Peter Beattie during the announcement of the Kangaroos and Jillaroos squads at NRL headquarters in Sydney, Monday, October 1, 2018. (AAP Image/Mick Tsikas) NO ARCHIVING THE prospect of a Brisbane NRL grand final is now real, with the code’s chair Peter Beattie already sounding out the Queensland government about moving the matches…

  • Global wage growth lowest in a decade as UK falls behind advanced economies

    Global wage growth lowest in a decade as UK falls behind advanced economies

    [ad_1] Global wage growth fell to its lowest in almost a decade last year, with the U.K. seeing weaker wage growth than any other advanced G-20 nation. Published Monday, the International Labour Organization (ILO)’s Global Wage Report found that international wage growth saw a 0.6 percent decline in 2017, based on data from 136 countries.…

  • Pound LIVE: GBP falls against euro as Spain threatens to VETO Brexit over Gibraltar | City & Business | Finance

    Pound LIVE: GBP falls against euro as Spain threatens to VETO Brexit over Gibraltar | City & Business | Finance

    [ad_1] The pound euro exchange rate fell this morning to €1.127 after the Prime Minister of Spain reiterated a threat from Madrid to veto Brexit over the issue of Gibraltar. Pedro Sanchez warned “our positions remain far away” as he repeated his opposition to Theresa May’s withdrawal agreement over the future relationship between Britain and the EU. He…

  • Oil falls on rising U.S. inventories, OPEC talk of cut limits loss

    Oil falls on rising U.S. inventories, OPEC talk of cut limits loss

    [ad_1] LONDON (Reuters) – Oil prices dipped on Thursday after U.S. inventories swelled to their highest level since December adding to concerns about a global crude glut but OPEC talk of an output cut limited losses. A maze of crude oil pipe and equipment is seen with the American and Texas flags flying in the…

  • Dollar falls as Fed officials ring note of caution, pound bounces

    Dollar falls as Fed officials ring note of caution, pound bounces

    [ad_1] NEW YORK (Reuters) – The dollar fell broadly on Friday in the wake of cautious comments from two U.S. Federal Reserve officials about global economic growth, while sterling rose following losses tied to fears about a Brexit deal. British Pound Sterling and U.S. Dollar notes are seen in this June 22, 2017 illustration photo.…

  • Oil edges up in volatile session but falls for sixth straight week

    Oil edges up in volatile session but falls for sixth straight week

    [ad_1] NEW YORK (Reuters) – Oil ended slightly firmer after volatile trading on Friday, supported by expectations that the Organization of the Petroleum Exporting Countries would agree to cut output next month, though prices fell for the sixth straight week amid global oversupply concerns. FILE PHOTO: A worker checks the valve of an oil pipe…

  • Nvidia stock falls on revenue and guidance miss

    Nvidia stock falls on revenue and guidance miss

    [ad_1] David Paul Morris | Bloomberg | Getty Images Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., holds a Nvidia Volta 125 Teraflops per second (TFLOPS) Tensor Core as he speaks during an event at the 2018 Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Sunday, Jan. 7, 2018. Nvidia shares…

  • Bitcoin market cap falls below $100 billion for first time since 2017

    Bitcoin market cap falls below $100 billion for first time since 2017

    [ad_1] As of 10:12 a.m. HK/SIN (9:12 p.m. ET Wednesday), Ether had a higher market cap of $18,646,767,074, compared with XRP’s $18,590,683,419, according to data from Coinmarketcap.com. This was corroborated by data from Coindesk as of 10:14 a.m. HK/SIN (9:14 p.m. ET Wednesday), which showed XRP having a higher market cap of $18.15 billion, versus…

  • Apple, bellwether for technology stocks, falls into a bear market

    Apple, bellwether for technology stocks, falls into a bear market

    [ad_1] The iPad maker is morphing from a business propelled by the volume of devices it ships into one that stresses luxury products and software sales. That evolution has been marked by shockwaves for much of the technology space, with several of Apple’s largest semiconductor suppliers noting marked declines in order volume. Apple shares dropped…

  • Wall Street tumbles, S&P falls as much as 2 percent

    Wall Street tumbles, S&P falls as much as 2 percent

    [ad_1] NEW YORK (Reuters) – Wall Street’s major indexes fell on Monday, with the S&P 500 sliding 2 percent, weighed by technology and financial stocks as shares of Apple Inc (AAPL.O) and Goldman Sachs Group Inc (GS.N) came under pressure. Traders work on the floor at the New York Stock Exchange (NYSE) in New York…

  • Wall Street falls; Apple, Goldman Sachs shares under pressure

    Wall Street falls; Apple, Goldman Sachs shares under pressure

    [ad_1] NEW YORK (Reuters) – Wall Street’s major indexes fell on Monday, with the S&P 500 weighed by technology and financial stocks as shares of Apple Inc (AAPL.O) and Goldman Sachs Group Inc (GS.N) came under pressure. A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S.,…

  • Nasdaq falls 2 percent as Apple, chip stocks hit by weak forecasts

    Nasdaq falls 2 percent as Apple, chip stocks hit by weak forecasts

    [ad_1] (Reuters) – The Nasdaq Composite index fell about 2.5 percent on Monday, hit by a slump in Apple Inc shares after two suppliers cut their forecasts, sparking a selloff in other iPhone component makers and weighing on technology stocks. A trader works on the floor at the New York Stock Exchange (NYSE) in New…

  • Amazon falls into bear market 2 months after hitting $1 trillion

    Amazon falls into bear market 2 months after hitting $1 trillion

    [ad_1] Amazon shares dipped into bear market territory Monday as the e-commerce giant added to a 20 percent decline from all-time highs reached back in September. At Monday’s low of $1,630.01 per share, the stock had fallen 20.5 percent from an intraday high of $2,050 per share hit on Sept. 4, 2018. Amazon, which topped…

  • Oil falls 1 percent, U.S. crude on longest losing streak since 1984

    Oil falls 1 percent, U.S. crude on longest losing streak since 1984

    [ad_1] NEW YORK (Reuters) – Oil prices fell nearly 1 percent on Friday as global supply increased and investors worried demand growth could slow, pressuring U.S. crude to its longest stretch of daily declines since 1984. Crude futures benchmarks have slid about 20 percent or more since peaking in early October. “What a difference a…

  • Oil falls below $70 as U.S. crude enters ‘bear market’

    Oil falls below $70 as U.S. crude enters ‘bear market’

    [ad_1] LONDON (Reuters) – Oil prices fell to multi-month lows on Friday as global supply increased and investors worried about the impact on fuel demand of lower economic growth and trade disputes. FILE PHOTO: Flames emerge from a pipeline at the oil fields in Basra, southeast of Baghdad, September 30, 2016. REUTERS/Essam Al-Sudani Benchmark Brent…

  • Jeremy Gilbert Returns to Mystic Falls

    Jeremy Gilbert Returns to Mystic Falls

    [ad_1] Now this is Mystic Falls! Jeremy Gilbert returned to his hometown during the Thursday, November 8, episode of Legacies, titled “We’re Being Punked, Pedro.” Caroline’s mysterious absence from the spinoff was also explained. Fall 2018 Preview: Go Inside the Season’s Must-Watch TV Shows Some Much-Needed Gilbert Landon (Aria Shahghasemi) and Rafael (Peyton Alex Smith) were on the…

  • Roku has its worst day since IPO, stock falls 22%

    Roku has its worst day since IPO, stock falls 22%

    [ad_1] Roku shares fell 22 percent Thursday, their worst drop since the company had its IPO in September 2017, even though the company beat third-quarter earnings estimates on the top and bottom lines. One key metric that fell below expectations was platform revenue, which encompasses streaming advertising. Platform advertising is shaping up to be an…

  • Qualcomm forecast falls short as Apple sales disappear

    Qualcomm forecast falls short as Apple sales disappear

    [ad_1] (Reuters) – Qualcomm Inc (QCOM.O) forecast sales revenue for the holiday shopping quarter below analysts’ estimates on Wednesday as it took a hit from the loss of chip sales to Apple Inc (AAPL.O), sending its shares down 3.4 percent. A Qualcomm sign is seen during the China International Import Expo (CIIE), at the National…

  • Dish revenue falls five percent as satellite subscribers drop

    Dish revenue falls five percent as satellite subscribers drop

    [ad_1] FILE PHOTO: A Dish Network satellite dish is shown on a residential home in Encinitas, California, U.S., November 8, 2017. REUTERS/Mike Blake/File Photo (Reuters) – U.S. satellite TV service provider Dish Network Corp (DISH.O) reported a 5 percent fall in quarterly revenue on Wednesday as it leaked more subscribers in the face of cheaper…

  • U.S. stocks edge higher ahead of midterms, Fed; dollar falls

    U.S. stocks edge higher ahead of midterms, Fed; dollar falls

    [ad_1] NEW YORK (Reuters) – Wall Street stock indexes mostly rose on Monday, the eve of U.S. midterm elections to determine whether President Donald Trump’s Republican party retains control of congress and also ahead of a meeting of Federal Reserve policy makers. Oil prices rose in choppy trading after five days of heavy losses as…

  • Usain Bolt stays positive after pro soccer deal falls through

    Usain Bolt stays positive after pro soccer deal falls through

    [ad_1] Olympic sprinting great Usain Bolt will continue to pursue his dream of playing professional football despite his failure to reach a deal with Central Coast to play in Australian football’s A-League. After a two-month trial Bolt this week rejected Central Coast’s offer of a $150,000 US contract to play in the current A-League season.…

  • Wall Street snaps three-day rally as Apple falls, trade optimism fades

    Wall Street snaps three-day rally as Apple falls, trade optimism fades

    [ad_1] NEW YORK (Reuters) – U.S. stocks snapped a three-day rally on Friday as Apple shares dropped following a disappointing forecast and the White House dampened optimism over U.S.-China trade talks. Apple Inc (AAPL.O) tumbled 6.6 percent, sending its market value below $1 trillion at the close, a day after the iPhone maker warned that…

  • Exxon Mobil profit tops estimates but production falls

    Exxon Mobil profit tops estimates but production falls

    [ad_1] FILE PHOTO: A logo of Exxon Mobil is displayed on a monitor above the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., December 5, 2017. REUTERS/Lucas Jackson/File Photo (Reuters) – Exxon Mobil Corp on Friday reported a quarterly profit that topped analysts’ estimate on higher prices…

  • Alibaba quarterly revenue falls short of estimates

    Alibaba quarterly revenue falls short of estimates

    [ad_1] (Reuters) – China’s Alibaba Group Holding Ltd (BABA.N) reported lower-than-expected quarterly revenue on Friday, another sign of slowing momentum for China’s giant e-commerce platforms and its economy. FILE PHOTO: The logo of Alibaba Group is seen at the company’s headquarters in Hangzhou, Zhejiang province, China July 20, 2018. REUTERS/Aly Song/File Photo Alibaba’s stock has…

  • Apple briefly falls below $1 trillion market value

    Apple briefly falls below $1 trillion market value

    [ad_1] Apple briefly fell below its $1 trillion market cap after hours on Thursday after reporting its fourth quarter earnings. The stock was down on weak guidance and slipped even further after the company reported it would no longer report iPhone, iPad and Mac unit sales. It bounced around after hours, remaining below the $1…

  • U.S. cannabis firm Curaleaf falls in Canada trading debut

    U.S. cannabis firm Curaleaf falls in Canada trading debut

    [ad_1] TORONTO (Reuters) – U.S. cannabis retailer Curaleaf Holdings Inc CURA.CD opened lower in its trading debut in Toronto on Monday after amassing $400 million in the biggest equity raising in Canada’s marijuana industry. FILE PHOTO: A woman smokes a joint on the day Canada legalized recreational marijuana in Toronto, Canada, October 17, 2018. REUTERS/Carlos…

  • Oil falls as concern deepens over global economic outlook

    Oil falls as concern deepens over global economic outlook

    [ad_1] LONDON (Reuters) – Oil prices dropped on Monday as concern over the global economy put crude on track for its biggest monthly fall since mid-2016. Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song Brent crude oil futures LCOc1 had fallen 58…

  • Oil falls as economic outlook grows gloomier

    Oil falls as economic outlook grows gloomier

    [ad_1] LONDON (Reuters) – Oil prices fell on Monday, as concern over the global economy put crude on track for its biggest monthly fall since mid-2016. Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song Brent crude oil futures LCOc1 were down 34…

  • Oil falls as investors wary of trade slowdown

    Oil falls as investors wary of trade slowdown

    [ad_1] SINGAPORE (Reuters) – Oil prices dipped on Monday amid cautious sentiment as a plunge in financial markets last week and dollar strength early this week underscored concerns that growth may be slowing, especially in Asia’s emerging economies. Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October…

  • Wall St falls after earnings disappointments, but off day’s lows

    Wall St falls after earnings disappointments, but off day’s lows

    [ad_1] NEW YORK (Reuters) – U.S. stocks were lower on Friday afternoon following a slew of high-profile earnings disappointments, but indexes were off the day’s lows and the S&P 500 eased off correction levels. Data earlier in the day showed the U.S. economy continued to grow at a healthy pace, offering some support. U.S. gross…

  • Asia facing sharp falls after Wall St. rout

    Asia facing sharp falls after Wall St. rout

    [ad_1] SYDNEY (Reuters) – Asian share markets face a rough ride on Thursday after a tumble in technology stocks inflicted the largest daily decline on Wall Street since 2011, wiping out all its gains for the year. A screen displays a chart of the Dow Jones Industrial Average on the floor of the New York…

  • AMD revenue forecast falls short of estimates, shares sink

    AMD revenue forecast falls short of estimates, shares sink

    [ad_1] (Reuters) – Advanced Micro Devices Inc (AMD.O) on Wednesday forecast fourth-quarter revenue below estimates as the chipmaker wrestled with waning demand from cryptocurrency miners for its high-margin graphic processors, sending its shares down 21 percent. FILE PHOTO: Visitors look at motherboards being displayed at the AMD booth during the 2012 Computex exhibition at the…

  • Netflix stock falls as tech takes beating

    Netflix stock falls as tech takes beating

    [ad_1] Philippe Huguen | AFP | Getty Images Netflix CEO Reed Hastings is pictured on May 3, 2018 in Lille, northern France during the first edition of the TV Series Mania festival.  Netflix was down as much as 8 percent on Wednesday, as tech stocks overall took a dive. Just last week, Netflix share prices…

  • Paula Abdul, 56, FALLS off stage face first during Mississippi concert

    Paula Abdul, 56, FALLS off stage face first during Mississippi concert

    [ad_1] The stage can be a cold hearted snake sometimes.  Paula Abdul took quite a tumble on Saturday while she was performing on the third stop of her current tour.  The 56-year-old singer was mid-performance when she plummeted right off the stage, much to the horror of her adoring fans.  Ouch! Paula Abdul fell face…

  • Paula Abdul Falls Off Stage Mid-Performance

    Paula Abdul Falls Off Stage Mid-Performance

    [ad_1] The show must go on. Paula Abdul handled a stage snafu like a true professional on Saturday, October 20, after she tumbled off the stage mid-concert. Biggest Celebrity Wipeouts Ever: Stars Falling Down Fan video captured the former Laker girl, 56, tumbling into the crowd after she ventured a bit too close to the…

  • S&P falls on interest rate, trade concerns; P&G lifts Dow

    S&P falls on interest rate, trade concerns; P&G lifts Dow

    [ad_1] NEW YORK (Reuters) – The U.S. benchmark S&P 500 stock index edged lower on Friday as strong earnings from Procter & Gamble Co (PG.N) were offset by ongoing concerns about rising interest rates and tensions over trade policy denting economic growth. Shares of Procter & Gamble jumped 8.8 percent after the consumer goods company…

  • Eugenie Bouchard falls just short of reaching 1st WTA final in 4 years

    Eugenie Bouchard falls just short of reaching 1st WTA final in 4 years

    [ad_1] Eugenie Bouchard came within two points of reaching her first WTA final in four years before top seed Julia Goerges staged an epic comeback on Friday at the Luxembourg Open, winning 6-7 (3), 7-5, 6-1. Bouchard, from Westmount, Que., was serving for the match, leading 5-3 in the second set, before the German broke the Canadian’s serve and won…

  • Wall St. falls as investors eye a united hawkish Fed

    Wall St. falls as investors eye a united hawkish Fed

    [ad_1] NEW YORK (Reuters) – Wall Street’s major indexes edged lower after a choppy session on Wednesday after the Federal Reserve showed broad agreement on the need to raise borrowing costs further, cementing investor concerns that had helped cause a major sell-off the week before. The S&P 500 .SPX zigzagged furiously between positive and negative…

  • Wall Street falls, dragged down by tech stocks

    Wall Street falls, dragged down by tech stocks

    [ad_1] (Reuters) – U.S. stocks ended lower in a choppy trading session on Monday as technology stocks were pressured by lingering worries over interest rates and corporate earnings. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 12, 2018. REUTERS/Brendan McDermid The Dow Jones Industrial Average .DJI…

  • Bitcoin, other cryptocurrencies jump as dollar-pegged tether falls

    Bitcoin, other cryptocurrencies jump as dollar-pegged tether falls

    [ad_1] Major digital currencies edged higher on Monday as tether, a controversial token designed to be pegged to the U.S. dollar, fell more than 2 percent. The price of bitcoin, ether and XRP — collectively the three biggest cryptocurrencies by market value — rose by around 7 percent higher, according to data from industry website…

  • Wells Fargo quarterly profit falls short of estimates

    Wells Fargo quarterly profit falls short of estimates

    [ad_1] (Reuters) – Wells Fargo & Co (WFC.N) posted a quarterly profit that fell short of analysts’ estimates on Friday, as a $13 billion drop in new mortgage borrowing offset the bank’s efforts to cut costs. FILE PHOTO: The sign outside the Wells Fargo & Co. bank in downtown Denver, Colorado, U.S., April 13, 2016.…

  • Pound US dollar exchange rate: GBP falls against USD after Trump Federal Reserve comments | City & Business | Finance

    Pound US dollar exchange rate: GBP falls against USD after Trump Federal Reserve comments | City & Business | Finance

    [ad_1] Following a sharp selloff in equity markets and soaring US bond yields, dollar traders were understandably wary about the US currency. Adding insult to injury, US President Donald Trump chose to verbally attack the Federal Reserve and its Chairman Jerome Powell, calling the central bank’s policy of raising interest rates “ridiculous”. Sterling, however, was…

  • Nasdaq falls to correction levels led by Amazon, Netflix

    Nasdaq falls to correction levels led by Amazon, Netflix

    [ad_1] The Nasdaq Composite Index on Thursday became the first major U.S. stock market benchmark to dip into a correction, dragged down by losses across all the major technology-related companies. A correction on Wall Street is defined as down more than 10 percent from its high. The Nasdaq closed down 1.3 percent at 7,329.06. The…

  • OPEC hikes oil output in September as Iran’s production falls

    OPEC hikes oil output in September as Iran’s production falls

    [ad_1] Several OPEC members, led by Saudi Arabia and Libya, put enough new barrels on the market in September to offset a drop in production from Iran, where U.S. sanctions are whittling away at the nation’s crude exports, according to a monthly report. The 15-nation producer group also knocked down its forecast for oil demand…

  • Square CFO Sarah Friar to step down, stock falls

    Square CFO Sarah Friar to step down, stock falls

    [ad_1] Payment company Square‘s chief financial officer Sarah Friar will step down and take a job as CEO of Nextdoor, the company announced Wednesday. Shares of the fintech company, run by Twitter CEO Jack Dorsey, dropped as much as 8 percent in after-hour trading. “I’m saddened by the news,” Square CEO Jack Dorsey said in…

  • Broadcom falls after Sen. Rand Paul questions CA Technologies merger

    Broadcom falls after Sen. Rand Paul questions CA Technologies merger

    [ad_1] It would be the second major challenge to a Broadcom merger this year. President Donald Trump blocked the chipmaker’s proposed deal with Qualcomm in March, citing national security concerns within the Committee on Foreign Investment in the United States. “If [CFIUS] were looking at Broadcom previously, just because Broadcom has changed their domicile to…

  • Man killed when tree falls on house

    Man killed when tree falls on house

    [ad_1] A MAN has died after a tree crushed his home during a storm west of Byron Bay on Wednesday night. A neighbour called emergency services about 7pm after she saw a large fig tree had fallen onto a cabin on Kings Road, Federal, 20km west of Byron Bay. But the man died at the…

  • Square falls 10% on concerns of ‘overlooked credit risk’

    Square falls 10% on concerns of ‘overlooked credit risk’

    [ad_1] As payments startup Square starts to act more like a traditional bank, one analyst is worried about its ability to handle the same credit risks. Shares of the San Francisco-based company fell as much as 10 percent Monday after BTIG analyst Mark Palmer raised concerns about its exposure to credit markets, which he says…

  • America falls for blatant con

    America falls for blatant con

    [ad_1] DONALD Trump is celebrating one of the most significant triumphs of his presidency today. His chosen candidate, Brett Kavanaugh, has been sworn in as America’s newest Supreme Court Justice after a long and bitter confirmation process, which was derailed for weeks by allegations of sexual assault. It’s a lifetime appointment. Mr Kavanaugh will become…

  • Milos Raonic falls to 81st seed at Shanghai Masters

    Milos Raonic falls to 81st seed at Shanghai Masters

    [ad_1] Perhaps the most surprising win Monday at the Shanghai Masters came from 81st-ranked Mackenzie McDonald of the United States, who defeated 14th-seeded Milos Raonic 6-3, 5-7, 6-3. “Definitely my biggest win to date,” said McDonald, a qualifier into the main draw. “I thought I played great tennis and I could feel all the improvements I’ve had over the last…

  • M&A appetite falls amid Brexit, US-China trade fears, EY says

    M&A appetite falls amid Brexit, US-China trade fears, EY says

    [ad_1] Thomas Peter-Pool | Getty Images News | Getty Images President Donald Trump takes part in a welcoming ceremony with China’s President Xi Jinping on November 9, 2017 in Beijing, China. Trump is on a 10-day trip to Asia.  Companies’ appetite for mergers and acquisitions has fallen to a four-year low, with investment pressured by…

  • Wall Street falls as solid jobs report boosts bond yields

    Wall Street falls as solid jobs report boosts bond yields

    [ad_1] (Reuters) – U.S. stocks dropped for a second straight day on Friday, weighed down by another rise in Treasury yields in the wake of a solid jobs report that capped off a week of robust data. The losses were led by heavyweight stocks in the technology and communication services sectors including all members of…

  • Wall Street falls as Treasury yields ascend on jobs report

    Wall Street falls as Treasury yields ascend on jobs report

    [ad_1] NEW YORK (Reuters) – U.S. stocks dropped for a second straight day on Friday, weighed down by another rise in Treasury yields in the wake of a solid jobs report that capped off a week of robust data. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New…

  • Nalcor says no talks ongoing with Astaldi over extra costs at Muskrat Falls

    Nalcor says no talks ongoing with Astaldi over extra costs at Muskrat Falls

    [ad_1] Nalcor Energy is denying claims by the main contractor at the Muskrat Falls site that discussions are underway over extra costs incurred there. “In response to recent media statements made by Astaldi on Oct. 4, 2018, regarding its work at Muskrat Falls, Nalcor advises that no discussions are being held with Astaldi in relation to…

  • U.S. unemployment rate falls to 49-year low of 3.7%

    U.S. unemployment rate falls to 49-year low of 3.7%

    [ad_1] The U.S. unemployment rate fell to 3.7 per cent in September — the lowest level since December 1969 — while hiring slowed. Employers added just 134,000 jobs, the fewest in a year, the U.S. Labour Department said Friday. But that figure was likely lowered by Hurricane Florence. Florence struck North and South Carolina in…

  • Oil falls from four-year highs; Wall Street weighs

    Oil falls from four-year highs; Wall Street weighs

    [ad_1] NEW YORK (Reuters) – Oil prices fell on Thursday as the prospect of increased crude production from Saudi Arabia and Russia prompted profit-taking the day after futures hit four-year highs on a boost from imminent U.S. sanctions on OPEC’s No. 3 producer Iran. FILE PHOTO: A pumpjack brings oil to the surface in the…

  • Oil falls from four-year highs; Saudi, Russia agree to up supply

    Oil falls from four-year highs; Saudi, Russia agree to up supply

    [ad_1] NEW YORK (Reuters) – Oil prices fell on Thursday as the prospect of increased crude production from Saudi Arabia and Russia prompted profit-taking the day after futures hit four-year highs on a boost from imminent U.S. sanctions on OPEC’s No. 3 producer Iran. FILE PHOTO: A pumpjack brings oil to the surface in the…

  • Oil falls as Saudi and Russia quietly agree output rise, U.S. stocks swell

    Oil falls as Saudi and Russia quietly agree output rise, U.S. stocks swell

    [ad_1] SINGAPORE (Reuters) – Oil prices on Thursday fell from four-year highs reached the previous session, pressured by rising U.S. inventories and after sources said Russia and Saudi Arabia struck a private deal in September to raise crude output. FILE PHOTO: A pumpjack brings oil to the surface in the Monterey Shale, California, U.S., April…

  • Canada falls short of advancing to semis at FIBA World Cup

    Canada falls short of advancing to semis at FIBA World Cup

    [ad_1] The Canadian women’s basketball team simply couldn’t stop the home side’s run in the fourth quarter on Friday. As a result, Canada fell short of its goal of advancing to the FIBA World Cup semifinals. Second-ranked Spain, the host team, went on a 19-0 run to open the fourth and beat No. 5-ranked Canada…

  • Euro falls below $1.16 as Italy’s budget seen as defying EU

    Euro falls below $1.16 as Italy’s budget seen as defying EU

    [ad_1] LONDON (Reuters) – The euro slipped below $1.16 on Friday for the first time in two weeks after Italy’s government agreed a budget seen by some investors as defying Brussels. FILE PHOTO: A shop cash register is seen with both Sterling and Euro currency in the till at the border town of Pettigo, Ireland…

  • Euro falls and Italian bond yields jump after ministers agree budget

    Euro falls and Italian bond yields jump after ministers agree budget

    [ad_1] LONDON (Reuters) – The euro fell on Friday to its lowest in nearly two weeks while Italy’s bond yields hit their highest in three after the government agreed to set a higher than expected budget deficit target that could put Rome on a collision course with Brussels. FILE PHOTO: Men exchange greetings in front…

  • Niagara Falls farmer is growing crops on an old landfill

    Niagara Falls farmer is growing crops on an old landfill

    [ad_1] Farming has been in Kyle Smith’s family since 1796. He’s been farming full-time for about 15 years now, but this is the first time he’s done it on top of a dump. “When they first approached us with the idea it was definitely something different, nothing we’d encountered before or heard about in all…

  • Wall Street falls as U.S.-China tariffs kick in

    Wall Street falls as U.S.-China tariffs kick in

    [ad_1] NEW YORK (Reuters) – The S&P 500 and the Dow closed lower on Monday after a new round of U.S.-China trade tariffs kicked in, dampening last week’s hopes for talks between the two countries, and as investors awaited a widely expected interest rate hike by the Federal Reserve. Seven of the S&P’s 11 major…

  • Wall Street is worried about a memory chip downturn as Micron falls

    Wall Street is worried about a memory chip downturn as Micron falls

    [ad_1] Micron confirmed investors’ worst fears, saying PC processor shortages are hurting demand for its memory chips. The chipmaker’s shares are down 4.2 percent in Friday’s premarket session, a day after it gave weaker-than-expected fiscal first-quarter guidance. Micron estimates the company will generate November quarter sales of between $7.9 billion and $8.3 billion versus the…

  • Futures flat as oil gains offset chipmaker falls

    Futures flat as oil gains offset chipmaker falls

    [ad_1] (Reuters) – Stock index futures handed back initial gains on Friday to point to a flat opening for U.S. markets, with the impact of a rise in oil prices on energy companies offset by a drop in chipmaker shares. Traders work on the floor of the New York Stock Exchange (NYSE) in New York,…

  • Nvidia falls after Morgan Stanley calls new gaming card disappointing

    Nvidia falls after Morgan Stanley calls new gaming card disappointing

    [ad_1] Morgan Stanley says the gaming performance of Nvidia’s latest graphics card is below its expectations. In August, Nvidia announced its new eighth-generation Turing graphics architecture. Technology media outlets published reviews on the company’s first gaming cards based on the new chips Wednesday morning. “As review embargos broke for the new gaming products, performance improvements…

  • Brooke Henderson falls 9 shots off pace at Evian women’s major

    Brooke Henderson falls 9 shots off pace at Evian women’s major

    [ad_1] Chasing a first major title for herself, and a first for American women this season, Amy Olson fired a bogey-free 65 to take a two-shot lead after the Evian Championship third round on Saturday. Olson broke clear to post a 14-under 199 total after twice being in a four-way share of the lead at…

  • Climber falls 300m to death

    Climber falls 300m to death

    [ad_1] A ROCK climber has died after falling 300m down Mt Barney, 90km southwest of Brisbane. The body of the Bethania man, 50, was located at the base of the mountain at 5.50pm, after an extensive search by rescue crews. Police have confirmed recovery efforts for the man’s body will begin in the morning. The…

  • Wall Street falls as Trump greenlights China tariffs

    Wall Street falls as Trump greenlights China tariffs

    [ad_1] (Reuters) – U.S. stocks fell back on Friday after President Trump instructed aides to proceed with tariffs on about $200 billion in Chinese products, despite Treasury Secretary Steven Mnuchin’s attempts to restart talks with Beijing. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 7, 2018.…

  • U.S. home refinancing falls to lowest since December 2000: MBA

    U.S. home refinancing falls to lowest since December 2000: MBA

    [ad_1] NEW YORK (Reuters) – U.S. mortgage refinancing activity declined to its lowest level in more than 17-1/2 years last week as home borrowing costs rose, the Mortgage Bankers Association said on Wednesday. FILE PHOTO: A “For Sale” sign is seen outside a home in Cardiff, California, U.S. on February 22, 2016. REUTERS/Mike Blake/File Photo…

  • S&P, Nasdaq move higher; Apple falls

    S&P, Nasdaq move higher; Apple falls

    [ad_1] NEW YORK (Reuters) – U.S. stocks mostly edged higher on Monday, with the S&P 500 and Nasdaq rebounding to snap a four-day losing streak, although a drop in Apple Inc (AAPL.O) kept gains in check. Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York,…

  • Barcelona hotel income falls 14 percent in summer: trade group

    Barcelona hotel income falls 14 percent in summer: trade group

    [ad_1] MADRID (Reuters) – Hotels in Barcelona, the capital of the Spanish region of Catalonia, saw revenue fall 14 percent this summer, a trade association said on Thursday, saying the city had developed a negative reputation internationally. Tourists sunbathe and enjoy water sports in El Arenal beach in the island of Mallorca, Spain, August 11,…

  • Snap sinks to all-time low, falls below $10 for the first time

    Snap sinks to all-time low, falls below $10 for the first time

    [ad_1] Snap continued to sink Thursday, falling below $10 for the first time and hitting an all-time low for the third straight day. Shares fell more than 2 percent in morning trading to $9.84. The dip puts Snap on pace for its seventh straight day of losses. It has already shed 9 percent this week.…

  • Nasdaq falls as U.S. lawmakers grill Facebook, Twitter executives

    Nasdaq falls as U.S. lawmakers grill Facebook, Twitter executives

    [ad_1] NEW YORK (Reuters) – The Nasdaq fell more than 1 percent on Wednesday, dented by technology stocks after Facebook Inc (FB.O) and Twitter Inc (TWTR.N) executives defended their companies before skeptical U.S. lawmakers. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 31, 2018. REUTERS/Brendan McDermid…

  • Bitcoin falls after Goldman reportedly drops crypto trading plans

    Bitcoin falls after Goldman reportedly drops crypto trading plans

    [ad_1] Goldman Sachs is dropping its plan to open a trading desk for cryptocurrencies, Business Insider reported Wednesday, as the firm sees the regulatory environment as ambiguous. Bitcoin fell 5.3 percent Wednesday after the report, according to Coinbase data. The Wall Street bank has been considering the launch of a new trading operation focused on…

  • Oil falls on rising output from OPEC and United States

    Oil falls on rising output from OPEC and United States

    [ad_1] SINGAPORE (Reuters) – Oil prices fell on Monday amid rising supply from OPEC and the United States, outweighing concerns that falling Iranian output will tighten markets once U.S. sanctions bite from November. FILE PHOTO: Oil tanker is seen at sunset anchored off the Fos-Lavera oil hub near Marseille, France, October 5, 2017. REUTERS/Jean-Paul Pelissier/File…

  • Brooke Henderson falls into tie for 6th at Portland Classic

    Brooke Henderson falls into tie for 6th at Portland Classic

    [ad_1] Georgia Hall pulled away from Minjee Lee late in the third round Saturday to take a two-stroke lead in the Cambia Portland Classic. The Women’s British Open winner four weeks ago for her first LPGA Tour title, Hall shot a 3-under 69. She birdied the par-3 16th and par-4 17th and made a 6-foot…

  • Global shares extend falls on Trump trade threats

    Global shares extend falls on Trump trade threats

    [ad_1] LONDON (Reuters) – Global stocks fell for a second day on Friday as a report that U.S. President Donald Trump was preparing to step up a trade war with Beijing dampened risk appetite and erased some of the gains made in a rally this week. People walk through the lobby of the London Stock…

  • Gravity Falls Creator Signs Exclusive Deal With Netflix

    Gravity Falls Creator Signs Exclusive Deal With Netflix

    [ad_1] Netflix has announced that they have signed a multi-year deal with Alex Hirsch, the creator of Disney’s animated TV show Gravity Falls. The deal has Hirsch making a new show for Netflix, as well as possible other features, for the service’s adult animation slate that includes shows like Bojack Horseman and Disenchantment. On Twitter,…

  • Farmer dances naked as rain falls

    Farmer dances naked as rain falls

    [ad_1] ON A normal day, displays of public nudity might be frowned upon. But Australia will allow it for farmer Glen Blonik, as he skips across newly sodden fields near Dubbo in central west NSW. The town has seen 23mm of much needed moisture so far this weekend. Right on cue, the predicted “substantial rain…

  • Dollar falls, emerging markets rally after Trump’s Fed attack

    Dollar falls, emerging markets rally after Trump’s Fed attack

    [ad_1] NEW YORK (Reuters) – The dollar weakened on Tuesday after U.S. President Donald Trump slammed the Federal Reserve for raising interest rates, while global equity markets rose as strong economic and earnings growth favored stocks in a relatively benign environment. FILE PHOTO: A U.S. Dollar note is seen in this June 22, 2017 illustration…

  • Tesla falls below $300, down another 4% after last week’s slide

    Tesla falls below $300, down another 4% after last week’s slide

    [ad_1] Tesla’s stock price fell below $300 per share during premarket trading Monday as investors in the electric automaker continued to doubt the validity of a privatization proposal by its founder Elon Musk. Shares of the Palo Alto, California-based company fell as much as 4 percent before the opening bell, set to add to last…

  • Shares climb on hopes for U.S.-China trade talks, Turkish lira falls

    Shares climb on hopes for U.S.-China trade talks, Turkish lira falls

    [ad_1] LONDON (Reuters) – Global stocks rose on Monday amid optimism over planned trade talks between the United States and China, while Turkey’s lira fell after its credit ratings were downgraded and shots were fired outside the U.S. embassy in Ankara. FILE PHOTO: A trader sits in front of the computer screens at his desk…

  • TiVo falls on report Amazon is developing live TV recording device

    TiVo falls on report Amazon is developing live TV recording device

    [ad_1] Kim Kulish | Corbis | Getty Images TIVO, Inc. gave a way free TIVO (DVR) Digital Video Recorder, boxes to thousands of happy Comcast Cable customers, who also donated a toy or clothing for charity outside their corporate headquarters. Shares of TiVo fell as much as 10 percent in afternoon trading Friday following a…

  • Tencent falls after earnings disappoint, but pain could be short term

    Tencent falls after earnings disappoint, but pain could be short term

    [ad_1] Giulia March | Bloomberg | Getty Images A flag bearing the Tencent logo is displayed alongside a Chinese flag outside the company’s offices in Beijing, China. Tencent’s stock was in focus after the company posted a quarterly earnings report on Wednesday that missed analyst expectations. Thursday morning trade saw the Chinese tech giant’s Hong Kong-listed…

  • Aeroplan adds airlines and buck a beer falls flat: CBC’s Marketplace consumer cheat sheet

    Aeroplan adds airlines and buck a beer falls flat: CBC’s Marketplace consumer cheat sheet

    [ad_1] Miss something this week? Don’t panic. CBC’s Marketplace rounds up the consumer and health news you need. Want this in your inbox? Get the Marketplace newsletter every Friday. Aeroplan brings other airlines on board If you’re an Aeroplan member, you’ll be able to collect points with three more airlines in a few years. Edmonton-based Flair Airlines, Montreal-based Air Transat…

  • Record rainfall in almost two months falls overnight

    Record rainfall in almost two months falls overnight

    [ad_1] MELBURNIANS have slept through a record rainfall in almost two months as more showers and possible thunderstorms are expected later today. The city woke to a cold start compared to a “spring-like” day yesterday, with temperatures reaching 20C. Bureau of Meteorology senior forecaster Richard Carlyon said today has been “the wettest” since June 17.…

  • Turkish lira’s free-fall rocks equity markets, euro falls

    Turkish lira’s free-fall rocks equity markets, euro falls

    [ad_1] NEW YORK/LONDON (Reuters) – A plunge in the Turkish lira rocked global equities and emerging markets on Friday and fear of more turmoil sent investors scurrying for safety in assets like the yen and U.S. government bonds. A vendor gets a five Euro bank note from a customer at the central market in Athens,…

  • An unsexy tech stock trend that is rising as social media falls 

    An unsexy tech stock trend that is rising as social media falls 

    [ad_1] Todd Rosenbluth, head of ETF and mutual fund research at CFRA, is a fan of thematic ETFs, but has reservations about FINX and how well it truly represents the finance sector. “It is mostly IT services and software companies with a small stake in financial industries, such as consumer finance,” Rosenbluth said. He also…

  • Stocks dive, euro falls, as Turkey turmoil ripples out

    Stocks dive, euro falls, as Turkey turmoil ripples out

    [ad_1] LONDON (Reuters) – A plummeting Turkish lira sent ripples through global equities and emerging markets on Friday, as rising fears of a wider fallout sent investors scurrying for the safety of assets such as the yen and U.S. government bonds. A vendor gets a five Euro bank note from a customer at the central…

  • S&P 500, Dow end lower with energy, financials; Tesla falls

    S&P 500, Dow end lower with energy, financials; Tesla falls

    [ad_1] NEW YORK (Reuters) – The S&P 500 and Dow ended down slightly on Thursday as gains in Apple (AAPL.O) and Amazon (AMZN.O) were offset by losses in energy and financial shares. Tesla Inc’s (TSLA.O) shares also fell to a two-day low and wiped out all of the gains fueled by Chief Executive Elon Musk’s…

  • Stamps.com stock falls after warning its deal with USPS could change

    Stamps.com stock falls after warning its deal with USPS could change

    [ad_1] Lawrence K. Ho | Los Angeles Times | Getty Images Ken McBride, stamps.com CEO and Chairman at the company’s headquarter in El Segundo on Mar. 13, 2013.  Stamps.com was down more than 7 percent shortly after Thursday’s open following its disclosure that the United States Postal Service requested to renegotiate one of their key…

  • ​Russia calls new U.S. sanctions illegal, unfriendly as rouble falls

    ​Russia calls new U.S. sanctions illegal, unfriendly as rouble falls

    [ad_1] Russia condemned a new round of U.S. sanctions as illegal on Thursday after news of the measures sent the rouble tumbling to two-year lows and sparked a wider asset sell-off over fears that Moscow was locked in a spiral of never-ending curbs by the West. Moscow has been trying with mixed success to improve battered U.S.-Russia ties since Donald…

  • Bitcoin price falls after SEC postpones key ETF decision

    Bitcoin price falls after SEC postpones key ETF decision

    [ad_1] Bitcoin fell sharply on Wednesday after the U.S. Securities and Exchange Commission (SEC) delayed a decision on a proposed bitcoin exchange-traded fund (ETF), which would have been the first financial product of its kind. Cryptocurrency markets fell as a result. Bitcoin was down around 8 percent from 24 hours ago at 10.53 a.m. London…

  • Saputo profit falls as various factors combine to offset higher revenue

    Saputo profit falls as various factors combine to offset higher revenue

    [ad_1] Saputo Inc. says its first-quarter profit was down from the same time last year as a result of numerous negative factors including the cost of acquisitions, operating costs, currency fluctuations and prices for some of its products. The Montreal-based company is Canada’s largest cheese maker and one of the largest in the world, with…

  • Canada’s Rebecca Marino falls in Rogers Cup qualifying

    Canada’s Rebecca Marino falls in Rogers Cup qualifying

    [ad_1] Canada’s Rebecca Marino failed to qualify for the main draw at the Rogers Cup after losing her second match of the qualifying event on Sunday. The Vancouver native, ranked 310th in the world, lost 7-5, 6-4, to 53rd-ranked Qiang Wang of China at the women’s tournament in Montreal. The 27-year-old, who returned to competitive…

  • Canada’s Shapovalov falls to Nishikori in straight sets at Citi Open

    Canada’s Shapovalov falls to Nishikori in straight sets at Citi Open

    [ad_1] Canadian Denis Shapovalov was ousted in straight sets 7-6 (1), 6-3 by Japan’s Kei Nishikori in the third round of the Citi Open tennis tournament on Thursday. Shapovalov, seeded ninth in Washington, struggled with inconsistency in the first set, managing to get in just 43 per cent of his first serves but winning 68…

  • AIG quarterly profit falls 17 percent as general insurance business weighs

    AIG quarterly profit falls 17 percent as general insurance business weighs

    [ad_1] (Reuters) – American International Group Inc (AIG.N) on Thursday reported a 17 percent fall in quarterly profit as its general insurance business failed to show improvement, missing analysts’ expectations. FILE PHOTO: A banner for American International Group Inc (AIG) hangs on the facade of the New York Stock Exchange, in New York, U.S., on…

  • If tech falls apart, these two sectors could be the best alternatives

    If tech falls apart, these two sectors could be the best alternatives

    [ad_1] Five stocks stand in front of Wall Street’s bull market, threatening a rally that has withstood some wicked bouts of volatility in 2018 to continue powering higher. Two sectors could come to the rescue. The FAANGs — Facebook, Amazon, Apple, Netflix and Google-parent Alphabet — have been undercutting a market that has benefited from…

  • NYSE FANG+ index falls into correction territory

    NYSE FANG+ index falls into correction territory

    [ad_1] The market’s favorite technology stocks are tanking as investors growing concerned over the companies’ ambitious growth targets following disappointing financial results from Facebook and Netflix this month. The NYSE FANG+ index is down more than 10 percent from its high of 3,062.88 in mid-June after its 2.7 percent drop Monday to the 2,737 level.…

  • Nasdaq falls 1% as tech shares drop

    Nasdaq falls 1% as tech shares drop

    [ad_1] Spencer Platt | Getty Images  Traders work on the floor of the New York Stock Exchange on July 12, 2018 in New York City. Trade worries also rattled investors on Monday after Reuters reported that Canada, the European Union, Japan, Mexico and South Korea will meet next week to discuss a response to threats…

  • Iran woos local investors as U.S. sanctions loom, currency falls

    Iran woos local investors as U.S. sanctions loom, currency falls

    [ad_1] DUBAI (Reuters) – Iran plans to offer price and tax incentives to private investors to take over idle state projects and help boost the economy, state media reported on Saturday, as the country faces likely U.S. sanctions and the exit of many foreign companies. Iran’s President Hassan Rouhani attends a news conference at the…

  • NXP to repurchase $5 billion shares after Qualcomm deal falls through

    NXP to repurchase $5 billion shares after Qualcomm deal falls through

    [ad_1] (Reuters) – NXP Semiconductors NV (NXPI.O), whose buyout deal with U.S. chipmaker Qualcomm Inc (QCOM.O) fell through due to lack of approval from China, said on Thursday it would buy back $5 billion worth of shares. FILE PHOTO: A man works on a tent for NXP Semiconductors in preparation for the 2015 International Consumer…

  • PayPal earnings top estimates, but revenue outlook falls short

    PayPal earnings top estimates, but revenue outlook falls short

    [ad_1] PayPal reported second-quarter earnings that topped Wall Street estimates on Wednesday, but its third-quarter revenue outlook fell short. Here’s how the company did compared with what Wall Street expected: Earnings per share: 58 cents vs. 57 cents, forecast by Thomson Reuters Revenue: $3.86 billion vs. $3.81 billion, forecast by Thomson Reuters For the third-quarter,…

  • Loblaw Q2 profit falls after fair-value adjustments

    Loblaw Q2 profit falls after fair-value adjustments

    [ad_1] Loblaw Companies Ltd.’s second-quarter adjusted earnings were above analyst estimates, but the grocery and pharmacy retailer also recorded an 86.1 per cent decline in net profit due to a number of unfavourable items including an acquisition expense at its Choice Properties division. Net profit available to common shareholders dropped to $50 million or 13…

  • Amazon stock falls as Trump tweets about antitrust concerns

    Amazon stock falls as Trump tweets about antitrust concerns

    [ad_1] President Donald Trump is again taking aim at Amazon for “using” the U.S. Postal Service as its “delivery boy,” raising the possibility of bringing antitrust claims against the company. Trump railed against the e-retailer and the newspaper — both owned by billionaire Jeff Bezos — in a series of tweets Monday morning, claiming the…

  • Canada falls to U.S. on last-second goal in world field lacrosse final

    Canada falls to U.S. on last-second goal in world field lacrosse final

    [ad_1] Thomas Schreiber scored his third goal of the game in the final second of play as the United States edged Canada 9-8 on Saturday to win the world field lacrosse championship. Ryan Brown also had a hat trick for the Americans, who went undefeated through the international tournament. Paul Rabil, Marcus Holman and Matthew…

  • Bold Plot Predictions For This Fall’s Biggest Games

    Bold Plot Predictions For This Fall’s Biggest Games

    [ad_1] From Spider-Man to Red Dead to a host of innovative battle royale shooters, this fall is teeming with huge game releases. However, thanks to our collective obsession with spoilerphobia, developers are keeping much of their projects under wraps, leaving story-focused players little to base their purchasing decisions on. At least that would be true…

  • State Street falls after halting buyback to complete merger

    State Street falls after halting buyback to complete merger

    [ad_1] Brent Lewin | Bloomberg | Getty Images State Street Financial Center building, which houses the company’s headquarters, in Boston, Massachusetts. State Street shares dropped 7 percent on Friday, on track for their worst day in two years, after the bank announced it will suspend a share buyback to acquire Charles River Development. The financial…

  • Netflix Subscriber Growth Falls Short of Wall Street Expectations

    Netflix Subscriber Growth Falls Short of Wall Street Expectations

    [ad_1] Netflix’s subscriber growth fell short of Wall Street expectations on Monday, sending shares of the normally high-flying stock down 14 percent on fears that the company’s rapid expansion is slowing. The streaming video pioneer added 5.2 million customers from April through June, 1 million fewer than forecasts from Thomson Reuters I/B/E/S, as it added new…

  • Oil falls four percent to three-month low as supply outage concerns ease

    Oil falls four percent to three-month low as supply outage concerns ease

    [ad_1] NEW YORK (Reuters) – Oil prices slumped 4 percent on Monday, with Brent reaching a three-month low, as Libyan ports reopened and traders eyed potential supply increases by Russia and other producers. FILE PHOTO: A pump jack lifts oil out of a well, during a sandstorm in Midland, Texas, U.S., April 13, 2018. REUTERS/Ann…

  • David Hearn falls to 7th after 3 rounds at John Deere Classic

    David Hearn falls to 7th after 3 rounds at John Deere Classic

    [ad_1] Michael Kim took a five-shot lead Saturday at the John Deere Classic in a third round delayed twice for a total of roughly four hours because of bad weather and concerns over lightning. Kim, who has just one top-10 finish in 84 career PGA Tour starts, shot a 7-under 64 — closing with four…

  • Serena Williams falls to Angelique Kerber in Wimbledon final

    Serena Williams falls to Angelique Kerber in Wimbledon final

    [ad_1] Angelique Kerber claimed her first Wimbledon title with a 6-3, 6-3 victory over seven-time champion Serena Williams on Saturday in London. Kerber made just five unforced errors compared to Williams’ 24 as the German reversed the result of the 2016 final. It is the third Grand Slam title of Kerber’s career, adding to her…

  • Canadian women’s volleyball team falls to U.S. in semis at Pan Am Cup

    Canadian women’s volleyball team falls to U.S. in semis at Pan Am Cup

    [ad_1] Canada’s women’s volleyball squad will play Brazil for bronze at the Pan Am Cup after a semifinal loss to the United States on Friday. Canada fell in four sets to the Americans: 18-25, 25-23, 23-25,19-25. Canada experiences its first loss at the Women’s <a href=”https://twitter.com/hashtag/PanAmCup?src=hash&amp;ref_src=twsrc%5Etfw”>#PanAmCup</a> ☹️- to the US 1-3 (18-25, 25-23, 23-25,19-25). <br>?Stats:…

  • Oil prices mixed, but set for big weekly falls

    Oil prices mixed, but set for big weekly falls

    [ad_1] TOKYO (Reuters) – Oil prices were little changed on Friday as markets digested big swings earlier in the week that have left both major benchmarks facing a second weekly loss and largely shrugged off a warning about tightness in spare capacity. FILE PHOTO: An oil pump is seen operating in the Permian Basin near…

  • Oil falls after Libya ports reopen, Trump tariff threat

    Oil falls after Libya ports reopen, Trump tariff threat

    [ad_1] LONDON (Reuters) – Global oil benchmark Brent fell more than $2 a barrel on Wednesday after U.S. President Donald Trump threatened to levy new tariffs on China and Libya announced the reopening of key oil export terminals. FILE PHOTO: An oil pump jack is seen at sunset near Midland, Texas, U.S., May 3, 2017.…

  • Oil falls after Trump threatens to escalate trade war with new tariffs

    Oil falls after Trump threatens to escalate trade war with new tariffs

    [ad_1] TOKYO (Reuters) – Oil prices fell on Wednesday, with Brent dropping by more than $1 at one point, after U.S. President Donald Trump threatened to levy new trade tariffs on China. FILE PHOTO: An oil pump jack is seen at sunset near Midland, Texas, U.S., May 3, 2017. REUTERS/Ernest Scheyder/File Photo The specter of…

  • Xiaomi IPO: Xiaomi Falls Then Rises in Hong Kong Debut

    Xiaomi IPO: Xiaomi Falls Then Rises in Hong Kong Debut

    [ad_1] Xiaomi Corp. shares slipped and then rebounded Monday in the Chinese smartphone maker’s first trading day in Hong Kong following a multibillion-dollar initial public offering. Trading opened at 16.60 HKD ($2.11) per share, below Xiaomi’s offering price of 17 HKD ($2.17). Shares lost about 4 percent in early trading but rebounded to 17 HKD…

  • Dollar falls after U.S. nonfarm payrolls report, tariffs kick in

    Dollar falls after U.S. nonfarm payrolls report, tariffs kick in

    [ad_1] NEW YORK (Reuters) – The dollar hit three-week lows on Friday after data showed the U.S. economy created more jobs than expected in June, but a closely-watched inflation gauge – wage growth – rose less than forecast and the unemployment rate increased. FILE PHOTO: A U.S. Dollar note is seen in this June 22,…

  • Dollar falls as U.S. tariffs kick in; U.S. jobs data eyed

    Dollar falls as U.S. tariffs kick in; U.S. jobs data eyed

    [ad_1] LONDON (Reuters) – The dollar fell on Friday as U.S. tariffs on Chinese imports took effect, but a muted reaction in currency markets suggested the escalation had largely been priced in by investors focusing on a U.S. jobs report due later in the day. FILE PHOTO: Euro, Hong Kong dollar, U.S. dollar, Japanese yen,…

  • Oil falls as Saudi, Russian output rises

    Oil falls as Saudi, Russian output rises

    [ad_1] LONDON (Reuters) – Oil prices fell on Monday as supplies from Saudi Arabia and Russia rose while economic growth stumbled in Asia amid an escalating trade dispute with the United States. FILE PHOTO: An oil tanker is being loaded at Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21,…

  • Oil falls amid rising Saudi output, Asian economic slowdown

    Oil falls amid rising Saudi output, Asian economic slowdown

    [ad_1] SINGAPORE (Reuters) – Oil prices fell by more than 1 percent on Monday as supplies from top exporter Saudi Arabia rose and as signs of an economic slowdown in Asia dented the outlook for demand. FILE PHOTO: An oil tanker is being loaded at Saudi Aramco’s Ras Tanura oil refinery and oil terminal in…

  • Oil falls as White House says Saudi king to raise output if needed

    Oil falls as White House says Saudi king to raise output if needed

    [ad_1] TOKYO (Reuters) – Oil prices fell early on Monday, following comments from the White House that the leader of Saudi Arabia promised President Donald Trump that he can raise oil production if needed. FILE PHOTO: An oil tanker is being loaded at Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia…

  • Tiger Woods falls back at Quicken Loans National

    Tiger Woods falls back at Quicken Loans National

    [ad_1] Tiger Woods ran off four straight birdies and finished the front nine with seven consecutive one-putt greens. Unlike Francesco Molinari and Abraham Ancer, he couldn’t keep it going Saturday in the Quicken Loans National. Ancer and Molinari each handled the scorching heat on the TPC Potomac at Avenel Farm and shared the lead going into the final…

  • Bitcoin price update: BTC FALLS – Will bitcoin continue to fall? Is the BOOM over? | City & Business | Finance

    Bitcoin price update: BTC FALLS – Will bitcoin continue to fall? Is the BOOM over? | City & Business | Finance

    [ad_1] Cryptocurrency traders watched bitcoin prices slump back to $5,000 today amid a continued threat of a crypto-crash.  Bitcoin dropped another 3.50 percent today to trade at $5,889.60. The rest of the market has suffered heavily, with Ethereum trading for $4,111.50, Ripple going for $0.43 and Litecoin going for $73.73. The market has seen significant…

  • The Crew 2 is a fun, varied racer that just falls short of its potential

    The Crew 2 is a fun, varied racer that just falls short of its potential

    [ad_1] DISCLAIMER: A review copy of the Gold Edition was provided by the publisher before launch. Platforms: Xbox One, PlayStation 4, and PC Publishers: Ubisoft Developers: Ivory Tower MSRP: $59.99 Introduction: In 2014, Ubisoft reentered the racing scene with The Crew, an ambitious open-world racer that took place across a streamlined version of all of America. While it had…

  • Corus stock falls 11% after $935.9M quarterly loss, dividend cut

    Corus stock falls 11% after $935.9M quarterly loss, dividend cut

    [ad_1] Corus Entertainment Inc. shares were down 11 per cent on Wednesday after the company announced a $935.9 million loss tied mostly to a devaluation of its broadcast licences and slashed its dividend to accelerate debt reduction. The company’s B shares were at $5.54 in morning trading, down 71 cents or 11 per cent from Tuesday’s close.…

  • Oil falls on OPEC’s deal to raise output, but markets to remain tight

    Oil falls on OPEC’s deal to raise output, but markets to remain tight

    [ad_1] SINGAPORE (Reuters) – Brent crude oil prices fell over 1.5 percent on Monday as traders factored in an expected output increase that was agreed at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna on Friday. FILE PHOTO: An oil pumpjack is seen in Velma, Oklahoma U.S. April 7, 2016.…

  • Oil falls on OPEC’s announced output rise, but markets to remain tight

    Oil falls on OPEC’s announced output rise, but markets to remain tight

    [ad_1] SINGAPORE (Reuters) – Brent crude oil prices fell over 1.5 percent on Monday as traders factored in an expected output increase that was agreed at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna on Friday. FILE PHOTO: An oil pumpjack is seen in Velma, Oklahoma U.S. April 7, 2016.…

  • Novak Djokovic falls to Marin Cilic in Queen’s Club final

    Novak Djokovic falls to Marin Cilic in Queen’s Club final

    [ad_1] Marin Cilic saved a match point on his way to defeating Novak Djokovic 5-7, 7-6 (4), 6-3 as he claimed a second Queen’s Club title on Sunday in London. The top-seeded Croat first won the Wimbledon warmup event in 2012, but was the runner-up in 2013 and also lost to Feliciano Lopez in last…

  • Bitcoin falls to four-month low in persistent bearish trend

    Bitcoin falls to four-month low in persistent bearish trend

    [ad_1] NEW YORK (Reuters) – Bitcoin dropped to a more than four-month low on Friday, continuing a downtrend after more negative headlines such as Japan’s financial regulator ordering six digital currency exchanges to make improvements on their anti-money laundering systems. FILE PHOTO: Representation of the Bitcoin virtual currency standing on the PC motherboard is seen…

  • Wall Street falls as China-U.S. trade tensions mount

    Wall Street falls as China-U.S. trade tensions mount

    [ad_1] (Reuters) – U.S. stocks opened lower on Tuesday as President Donald Trump’s latest threat to impose duties on additional Chinese goods heightened worries that tit-for-tat tariffs could spiral into a trade war. A trader works on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., June…

  • Intel stock falls after small firm downgrades chipmaker’s shares

    Intel stock falls after small firm downgrades chipmaker’s shares

    [ad_1] The company’s shares closed down 3.4 percent on Monday. Richard reduced his price target for Intel shares to $45 from $53, representing 18 percent downside to Friday’s close. The analyst predicts Intel’s sales growth in its data center segment will peak at 25 percent in its second quarter, then drop to 20 percent in…

  • Denis Shapovalov falls in 1st round at Fever-Tree Championships

    Denis Shapovalov falls in 1st round at Fever-Tree Championships

    [ad_1] For the second straight time, Denis Shapovalov is out in the first round of a grass-court tournament. Shapovalov, of Vaughan, Ont., lost 7-6 (9-7), 7-6 (8-6) to Gilles Muller in the opening round of the Fever-Tree Championships at Queen’s Club on Monday morning. The 19-year-old Canadian won 75 per cent of his first serve points, while World No. 46 Muller…

  • Teen falls to his death from Moscow balcony

    Teen falls to his death from Moscow balcony

    [ad_1] A WORLD Cup football fan died after falling from the window of an apartment in Moscow, according to reports in Russia. The teenager fell from a sixth-floor window before crushing fans on the ground. Two have been injured and are being treated in hospital, The Sun reports. The incident took place shortly after the…

  • Canadians’ mortgage borrowing in Q1 falls to lowest point since 2014: StatsCan

    Canadians’ mortgage borrowing in Q1 falls to lowest point since 2014: StatsCan

    [ad_1] Canadians’ mortgage borrowing over the first three months of 2018 fell by $2 billion to $13.7 billion — the lowest level since the second quarter of 2014 —  following the introduction of new lending rules and a rise in interest rates, Statistics Canada reported Thursday. The federal agency said the slide in mortgage borrowing mirrored the 17…

  • Raonic advances, Shapovalov falls at Stuttgart Open

    Raonic advances, Shapovalov falls at Stuttgart Open

    [ad_1] Milos Raonic made a winning return to the court while Denis Shapovalov was upset by a qualifier Wednesday at the Stuttgart Open. Raonic, the seventh seed from Thornhill, Ont., fired 15 aces and won 97 per cent of first service points in a 7-6 (8), 6-2 win over Mirza Basic of Bosnia and Herzegovina.…

  • ZTE stock falls after U.S. penalties over Iran, North Korea

    ZTE stock falls after U.S. penalties over Iran, North Korea

    [ad_1] Shares in ZTE Corp. fell 42 percent Tuesday in Hong Kong on their first trading day after the Chinese telecoms equipment maker agreed to pay a $1 billion US penalty to the U.S. government and replace its top managers. Shares resumed trading following a two-month suspension after Washington accused state-owned ZTE in April of…

  • Canada falls to Mexico in U17 women’s soccer semifinals

    Canada falls to Mexico in U17 women’s soccer semifinals

    [ad_1] Nicole Perez scored on a penalty kick in the 45th minute as Mexico clinched a berth in the 2018 FIFA under-17 women’s World Cup by beating Canada 2-1 on Sunday in the semifinals of the CONCACAF U17 championship in Bradenton, Fla. Canada can still earn a spot in the World Cup tournament in Uruguay…

  • Man falls from rock ledge while whale watching

    Man falls from rock ledge while whale watching

    [ad_1] A man has died after he plunged from a cliff in Sydney’s south while whale watching. Emergency services were called to Cape Solander in Kurnell just before 1.30pm today after witnesses reported a man had fallen from a rock ledge. The ledge is right near a whale watching platform and is a popular spot…

  • U.S. job growth surges, unemployment rate falls to 3.8 percent

    U.S. job growth surges, unemployment rate falls to 3.8 percent

    [ad_1] WASHINGTON (Reuters) – U.S. job growth accelerated in May and the unemployment rate dropped to an 18-year low of 3.8 percent, pointing to rapidly tightening labor market conditions, which could stir concerns about inflation. The closely watched employment report released by the Labor Department on Friday also showed wages rising solidly, cementing expectations that…

  • Spanish government falls, Socialist opposition leader takes power

    Spanish government falls, Socialist opposition leader takes power

    [ad_1] Socialist party Leader Pedro Sanchez is set to become Spain’s new prime minister after a no-confidence vote in parliament Friday unseated Mariano Rajoy’s conservative government. Sanchez, the leader of the largest opposition party, could be sworn in as early as Saturday and appoint his cabinet next week. To prevent a power vacuum after a…

  • Wall St. falls on fresh trade war fears; posts gains for May

    Wall St. falls on fresh trade war fears; posts gains for May

    [ad_1] NEW YORK (Reuters) – U.S. stocks fell on Thursday after the United States moved to impose tariffs on metal imports from Canada, Mexico and the European Union, prompting retaliatory measures from some of its trading partners. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S.,…

  • Pound euro exchange rate: GBP stumbles as German unemployment falls below expectations | City & Business | Finance

    Pound euro exchange rate: GBP stumbles as German unemployment falls below expectations | City & Business | Finance

    [ad_1] Germany’s jobless numbers fell beyond expectations in May, according to the Federal Labour Office. Latest figures showed the unemployment rate dropped from 5.3 per cent to 5.2 per cent, its lowest levels since the German reunification. This reflected surprising strength in the German labour market, which could, in turn, help drive a consumer-led upswing…

  • Wall Street falls on Italy worries; bank shares drop

    Wall Street falls on Italy worries; bank shares drop

    [ad_1] NEW YORK (Reuters) – The S&P 500 and the Dow Jones Industrial Average registered their biggest one-day percentage drops in a month on Tuesday as political turmoil in Italy sparked concerns about the stability of the euro zone and shares of U.S. banks tumbled. Traders work on the floor of the New York Stock…

  • Oil falls as OPEC, Russia look to raise output amid U.S. surge

    Oil falls as OPEC, Russia look to raise output amid U.S. surge

    [ad_1] SINGAPORE (Reuters) – Oil prices fell on Monday, extending even steeper declines from Friday, as Saudi Arabia and Russia said they may increase supplies and as U.S. production gains show no signs of abating. FILE PHOTO: Oil pumping facilities are seen at Venezuela’s western Maracaibo lake in Venezuela, November 5, 2007. REUTERS/Isaac Urrutia/File Photo…

  • U.S. stock futures up on North Korea, euro shaken by Italy, oil falls

    U.S. stock futures up on North Korea, euro shaken by Italy, oil falls

    [ad_1] TOKYO (Reuters) – U.S. stock futures rose on Monday on signs that the United States and North Korea are still working towards holding a summit next month, while oil prices extended losses on expectations of more supply from major producers. Traders work on the floor of the New York Stock Exchange (NYSE) in New…

  • HPE stock falls after strong Q2 2018 earnings

    HPE stock falls after strong Q2 2018 earnings

    [ad_1] Shares of Hewlett Packard Enterprise plunged more than 10 percent on Wednesday, after CEO Antonio Neri prepared investors for a more “challenging second half” of the year, overshadowing the company’s better-than-expected earnings report. Neri was hardly downbeat in offering up his forecast, which met analysts’ expectations. “We expect the growth rate to moderate,” he…

  • Wall St. slips as trade talk comments digested; energy falls

    Wall St. slips as trade talk comments digested; energy falls

    [ad_1] NEW YORK (Reuters) – U.S. stocks mostly dipped on Tuesday as investors weighed comments on trade talks between the United States and China and as energy and industrial shares fell. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2018. REUTERS/Brendan McDermid/File Photo…

  • Tesla Model 3 falls short of Consumer Reports recommendation

    Tesla Model 3 falls short of Consumer Reports recommendation

    [ad_1] Salwan Georges | The Washington Post | Getty Images Tesla’s new Model 3 car on display is seen on Friday, January 26, 2018, at the Tesla store in Washington, D.C. Tesla‘s Model 3 sedan fell short of a recommendation from Consumer Reports on Monday. The vehicle has many attributes that could make it a…

  • Rental vacancy rate falls across Brisbane SQM Research

    Rental vacancy rate falls across Brisbane SQM Research

    [ad_1] THE number of empty rental properties in Brisbane dropped below 10,000 as the vacancy rate continues to drop across the Queensland capital. It was good news for real estate investors as data released today from SQM Research showed the vacancy rate falling from 3.2 per cent to 3 per cent from March to April.…

  • Canada’s Shapovalov falls short of Madrid Open final with loss to Zverev

    Canada’s Shapovalov falls short of Madrid Open final with loss to Zverev

    [ad_1] Canada’s Denis Shapovalov dropped a 6-4, 6-1 decision to second-seeded Alexander Zverev in semifinal play Saturday at the Madrid Open. The second-seeded German needed 57 minutes to complete the victory. He will play fifth-seeded Dominic Thiem in Sunday’s final. Thiem beat Kevin Anderson 6-4, 6-2 in the early semifinal. Shapovalov, from Richmond Hill, Ont., enjoyed a breakout performance at last…

  • Nadal falls to Thiem in straight sets at Madrid Open

    Nadal falls to Thiem in straight sets at Madrid Open

    [ad_1] Top-ranked Rafael Nadal lost to Dominic Thiem 7-5, 6-3 in the Madrid Open quarterfinals on Friday, breaking the defending champion’s run of 21 straight wins on clay courts. Nadal hadn’t lost a single set on clay since falling to Thiem a year ago in the Italian Open quarterfinals. Since that loss, Nadal had been…

  • Toronto FC falls short against Sounders

    Toronto FC falls short against Sounders

    [ad_1] Handwalla Bwana scored the winner early in the second half as the Seattle Sounders edged Toronto FC 2-1 on Wednesday night at BMO Field. Will Bruin scored the other goal for Seattle (2-4-2) while Stefan Frei made five saves in the win. Jonathan Osorio scored the lone goal for Toronto (2-5-1). Alex Bono stopped…

  • Malaysia election result 2018: Malaysia ringgit FALLS as opposition wins historic victory | City & Business | Finance

    Malaysia election result 2018: Malaysia ringgit FALLS as opposition wins historic victory | City & Business | Finance

    [ad_1] The Malaysian ringgit dropped sharply after the opposition alliance leader announced his coalition had won enough seats to form a government. The ringgit one-month non-deliverable forward fell 2.4 percent to 4.07 against the dollar after the result was formally announced. Mahathir’s Pakatan Harapan (Alliance of Hope) had earlier claimed it had won a majority…

  • C$ slumps to 7-week low as oil falls, greenback climbs

    C$ slumps to 7-week low as oil falls, greenback climbs

    [ad_1] TORONTO (Reuters) – The Canadian dollar weakened to a nearly seven-week low against its U.S. counterpart on Tuesday, with the currency breaking out of its recent holding pattern as oil prices fell and the greenback broadly gained. The price of oil, one of Canada’s major exports, retreated from its highest in 3-1/2 years ahead…

  • man crashes stolen van and falls into River Thames

    man crashes stolen van and falls into River Thames

    [ad_1] A MAN crashed a stolen van into a double decker bus before falling into the River Thames in dramatic scenes near London Bridge this morning. The Sun reports the bridge was closed as emergency services rushed to the scene, arresting the suspect after he got out of the water. Met Police confirmed they had…

  • U.S. job growth picks up, unemployment rate falls to 3.9 percent

    U.S. job growth picks up, unemployment rate falls to 3.9 percent

    [ad_1] WASHINGTON (Reuters) – U.S. job growth increased less than expected in April and the unemployment rate dropped to near a 17-1/2-year low of 3.9 percent as some out-of-work Americans left the labor force. The Labor Department’s closely watched employment report on Friday also showed wages barely rose last month, which may ease concerns that…

  • BNP Paribas first-quarter profit falls on back of trading weakness in Europe

    BNP Paribas first-quarter profit falls on back of trading weakness in Europe

    [ad_1] PARIS (Reuters) – BNP Paribas (BNPP.PA), France’s biggest bank, reported a 17 percent decline in quarterly net profit, in line with expectations, as a weaker dollar and sluggish fixed income trading impacted investment banking revenues. FILE PHOTO: A BNP Paribas logo is seen at a bank in Paris, France, April 6, 2018. REUTERS/Benoit Tessier/File…

  • Canadian men’s rugby 7s squad falls short in Singapore

    Canadian men’s rugby 7s squad falls short in Singapore

    [ad_1] ​The Canadian men’s rugby sevens team’s title defence came up short in Singapore after dropping a must-win pool game 22-19 to Samoa at the HSBC World Rugby Sevens Series. Canada entered its final pool match needing a win to guarantee a spot in the Cup quarter-finals and a chance to repeat as champions. The team…

  • Twitter falls after company softens forecast for the year

    Twitter falls after company softens forecast for the year

    [ad_1] Twitter fell more than 5 percent Wednesday morning after an earnings beat that initially sent shares as high as 13 percent in premarket trading. The social media company beat on both the top and bottom lines in the first quarter, and shares opened 2.9 percent up at $31.35 after trading as high as $34…

  • World wine output falls to 60-year low

    World wine output falls to 60-year low

    [ad_1] PARIS (Reuters) – Global wine output fell to its lowest level in 60 years in 2017 due to poor weather conditions in the European Union that slashed production in the bloc, international wine organization OIV said. FILE PHOTO: Bottles of wine displayed on a shelf in an Aldi store in London, Britain, February 15,…

  • Wall Street falls on investor nerves about interest rates, tech

    Wall Street falls on investor nerves about interest rates, tech

    [ad_1] NEW YORK (Reuters) – Wall Street’s three major indexes declined on Friday as investors worried about a jump in U.S. bond yields, with technology stocks leading the decline on nerves about upcoming earnings reports and iPhone demand. The technology index .SPLRCT was the biggest drag on the S&P 500 with a 1.5 percent drop…

  • Jays’ bats cool off as rally falls short against Yankees

    Jays’ bats cool off as rally falls short against Yankees

    [ad_1] Aaron Judge hit his fifth home run, David Robertson pitched out of an eighth-inning jam and the New York Yankees overcame some shaky defence on a chilly night to beat the Toronto Blue Jays 4-3 on Thursday night. Judge lofted a solo shot to make it 4-2 in the seventh. He turned on a…

  • Raonic advances, Shapovalov falls at Monte Carlo Masters

    Raonic advances, Shapovalov falls at Monte Carlo Masters

    [ad_1] Milos Raonic rebounded after a shaky first set to defeat Monegasque wild card Lucas Catarina 3-6, 6-2, 6-3 at the Monte Carlo Masters on Monday. The 14th-ranked righty from Thornhill, Ont., will face either Italy’s Marco Cecchinato or Damir Dzumhur of Bosnia and Herzegovina in the second round of the clay-court tournament. Raonic defeated Monaco’s Lucas Catarina 2-1, to advance to…

  • Echo Falls now have a summer berries vodka in a glittery bottle

    Echo Falls now have a summer berries vodka in a glittery bottle

    [ad_1] Echo Falls now make a fruit vodka, too [Bottle Bling] After what seems like the longest winter in eternity, it looks like summer is finally on it’s way.  Which means we can officially start drinking outside once again!  And to shake up our summer drink order, Echo Falls have introduced something very different.  The…

  • Wall Street falls as bank stocks, Syria conflict weigh

    Wall Street falls as bank stocks, Syria conflict weigh

    [ad_1] NEW YORK (Reuters) – Financial stocks led a drop on Wall Street on Friday as results from big banks failed to enthuse and fear of broader conflict in Syria further unnerved investors. Traders work on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., April 10, 2018. REUTERS/Brendan McDermid/File Photo…

  • Arista falls after Cleveland Research says big clients moving business

    Arista falls after Cleveland Research says big clients moving business

    [ad_1] Arista shares fell more than 9 percent on Friday after an industry research firm issued a report suggesting that big customers like Microsoft could be moving some business to lesser-known companies. Cleveland Research’s Ben Bolin downgraded Arista to “neutral” from “buy” and said there’s been “some shift” from Arista to so-called white-box switches at…

  • Wall Street falls on Syria concerns, interest rate worries

    Wall Street falls on Syria concerns, interest rate worries

    [ad_1] NEW YORK (Reuters) – Wall Street stocks fell on Wednesday as possible U.S. military action against Syria stoked investor concerns about geopolitical risk to the American economy and minutes from the Federal Open Market Committee sparked worries about a more hawkish view on interest-rate increases. Traders work on the floor of the New York…

  • Postmedia Q2 loss falls as cost-cutting, tax credit offset lower revenue

    Postmedia Q2 loss falls as cost-cutting, tax credit offset lower revenue

    [ad_1] Postmedia Network Canada Corp. says its net loss for the quarter ended Feb. 28 was reduced to $1.3 million, down from $28.5 million a year earlier, despite a continued decline in revenue at its newspaper operations. The Toronto-based company, which owns the National Post and numerous other paper and digital publications, says the reduced…

  • Brad Gushue falls to Sweden in gold-medal rematch

    Brad Gushue falls to Sweden in gold-medal rematch

    [ad_1] Canada’s Brad Gushue fell a win short of a second straight men’s world curling championship and settled for silver Sunday. Sweden’s Niklas Edin avenged a loss to Gushue in last year’s world final by dominating Canada 7-3 in the championship game in Las Vegas. Gushue shook hands after eight ends. Edin’s third career world…

  • Bitcoin price LIVE: BTC falls as MT. Gox’s Mark Karpeles claims bitcoin can’t ‘keep up’ | City & Business | Finance

    Bitcoin price LIVE: BTC falls as MT. Gox’s Mark Karpeles claims bitcoin can’t ‘keep up’ | City & Business | Finance

    [ad_1] 7.30am MORNING HEADLINES Good morning, and welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime. Bitcoin has fallen overnight to $6,544 as confidence continues to drop and speculative investors gradually walk away. The controversial former CEO of Mt. Gox has written on Reddit that he’s no longer…

  • Tim Hortons falls to 50th place on annual ranking of brand reputation

    Tim Hortons falls to 50th place on annual ranking of brand reputation

    [ad_1] A public spat with some of its franchisees and outrage over its response to minimum wage hikes seems to have made a dent in Canadians’ much-publicized love for Tim Hortons this year, as the iconic coffee and doughnut chain has plummeted on an annual ranking of brands by market research firm Leger. Every year,…

  • Litecoin price news: Is Litecoin crashing? Will LTC die? Latest as cryptocurrency falls | City & Business | Finance

    Litecoin price news: Is Litecoin crashing? Will LTC die? Latest as cryptocurrency falls | City & Business | Finance

    [ad_1] Disaster has hit crypto-markets today as most major cryptocurrencies have plunged. LTC is still suffering a week after prices crashed significantly across the board. Having shaved off 4.56 percent overnight, Litecoin is now trading at $119.98, well below the $125 expectation. The failed upside attempt by the currency should make investors wary. Litecoin isn’t…

  • Bitcoin price LIVE: BTC falls to $6,800 with ‘bounce’ predicted to kick in at $4k low | City & Business | Finance

    Bitcoin price LIVE: BTC falls to $6,800 with ‘bounce’ predicted to kick in at $4k low | City & Business | Finance

    [ad_1] 7.30am MORNING HEADLINES Good morning, and welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime. Bitcoin has fallen overnight to $6,809 as losses from the week’s high of $7,489 hit $688. Jani Ziedins of Cracked Market has written on bitcoin’s struggle and described the recent recovery as…

  • Cloudera (CLDR) stock falls to lowest levels since going public

    Cloudera (CLDR) stock falls to lowest levels since going public

    [ad_1] Matthew Busch | Bloomberg | Getty Images Tom Reilly, chief executive officer of Cloudera. Shares of cloud software company Cloudera fell more than 40 percent Wednesday to all-time lows after the company issued guidance that came in just below Wall Street estimates. The stock had shed roughly $1.25 billion in shareholder value by midday,…

  • Cruise liner PANIC as tourist falls off ship | World | News

    Cruise liner PANIC as tourist falls off ship | World | News

    [ad_1] Coastguards said the Norwegian Spirit, a cruise ship currently operated by Norwegian Cruise Line, raised the alarm around 2am this morning. Spanish Civil Guard and coastguards are taking part in a major sea search involving several vessels. Two Spanish Coastguard helicopters and a plane have also been mobilised. The search is focusing on an…

  • Cryptocurrency litecoin falls after processor ‘LitePay’ closes

    Cryptocurrency litecoin falls after processor ‘LitePay’ closes

    [ad_1] The foundation said it refused Asare’s request for further funding after a Reddit “Ask me anything” session on March 16 raised questions about how the funds were being used. “Like everyone else, we got too excited about something that was too good to be true and we optimistically overlooked many of the warning signs,”…

  • Bitcoin falls 7% to below $8,000 after Twitter bans cryptocurrency ads

    Bitcoin falls 7% to below $8,000 after Twitter bans cryptocurrency ads

    [ad_1] Bitcoin fell roughly 7 percent Monday to below $8,000 following weeks of regulatory uncertainty and advertising crackdowns by tech companies. The cryptocurrency was trading near $ 7,886 as of 3:04 p.m. ET Monday, more than $600 lower than a day earlier, according to data from Coinbase. It’s down more than 42 percent year to…

  • Box stock falls on Dropbox IPO day

    Box stock falls on Dropbox IPO day

    [ad_1] As Dropbox soared in its stock market debut on Friday, shares of cloud software rival Box went the other way, plunging 7 percent. The two companies have been competing for over a decade in the market of cloud file storage, with both benefiting from the rapid move to mobile devices and the need to…

  • Japanese regulator warns major cryptocurrency exchange for operating without a license, bitcoin falls

    Japanese regulator warns major cryptocurrency exchange for operating without a license, bitcoin falls

    [ad_1] Akio Kon | Bloomberg | Getty Images Zhao Changpeng, chief executive officer of Binance Japan’s Financial Services Agency issued a warning Friday to major cryptocurrency exchange Binance for operating without registration in the country. Hong Kong-based Binance was operating in Japan through the internet without a license for a virtual currency exchange, according to…

  • Credit Suisse CEO pay falls after shareholder mutiny

    Credit Suisse CEO pay falls after shareholder mutiny

    [ad_1] ZURICH (Reuters) – Credit Suisse (CSGN.S) Chief Executive Tidjane Thiam earned slightly less in 2017 during his third year on the job, as shareholder scrutiny during the final stages of a major overhaul dampened executive pay. FILE PHOTO: Chief Executive Tidjane Thiam of Swiss bank Credit Suisse awaits a news conference to present the…

  • Credit Suisse CEO pay falls in 2017

    Credit Suisse CEO pay falls in 2017

    [ad_1] ZURICH (Reuters) – Credit Suisse (CSGN.S) Chief Executive Tidjane Thiam earned 9.7 million Swiss francs ($10.26 million) in 2017, a 5.3 reduction over his prior-year compensation, Switzerland’s second-biggest bank said on Friday. FILE PHOTO: Chief Executive Tidjane Thiam of Swiss bank Credit Suisse awaits a news conference to present the company’s full-year results, in…

  • Bitcoin falls back below $9,000 after Japan adds to regulatory uncertainty

    Bitcoin falls back below $9,000 after Japan adds to regulatory uncertainty

    [ad_1] Bitcoin failed to hold above $9,000 on Thursday after reports of increased scrutiny on cryptocurrencies by Japanese regulators. The cryptocurrency hit a low of $8,495.10 and was trading 3 percent lower near $8,600 as of 11:42 a.m. ET, according to CoinDesk’s bitcoin price index. Bitcoin has struggled to recover the $9,000 level after tumbling…

  • S&P falls for fourth day as Mueller subpoena weighs

    S&P falls for fourth day as Mueller subpoena weighs

    [ad_1] NEW YORK (Reuters) – The S&P 500 ended slightly lower on Thursday after a report that U.S. Special Counsel Robert Mueller had issued a subpoena for documents related to U.S. President Donald Trump’s businesses offset strong jobs and manufacturing data. Traders work on the trading floor at the New York Stock Exchange (NYSE) in…

  • Bitcoin price LIVE: BTC falls to $7k while misery continues for $500 Ethereum | City & Business | Finance

    Bitcoin price LIVE: BTC falls to $7k while misery continues for $500 Ethereum | City & Business | Finance

    [ad_1] 7.30am MORNING HEADLINES Good morning, and welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime. Bitcoin is priced at $7,899 after suffering a massive fall from yesterday’s high of $9,302. Ethereum, has followed its leader down the slippery slope, shedding around five percent of its value overnight…

  • Wall Street falls amid fears of trade war with China

    Wall Street falls amid fears of trade war with China

    [ad_1] NEW YORK (Reuters) – U.S. stocks fell on Wednesday after President Donald Trump sought to impose fresh tariffs on China, intensifying fears of a trade war that could raise costs and hurt overseas sales for U.S. companies. A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New…

  • Wall Street falls on renewed trade war fears

    Wall Street falls on renewed trade war fears

    [ad_1] NEW YORK (Reuters) – U.S. stocks fell on Wednesday after President Donald Trump sought to impose fresh tariffs on China, intensifying fears of a trade war that could raise costs and hurt overseas sales for U.S. companies. A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New…

  • Wall Street falls on Tillerson exit, tariff worry

    Wall Street falls on Tillerson exit, tariff worry

    [ad_1] NEW YORK (Reuters) – Wall Street’s major indexes fell on Tuesday as the dismissal of Secretary of State Rex Tillerson and the possibility of additional tariffs dragged down stocks across sectors. Traders work on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., March 2, 2018. REUTERS/Andrew Kelly…

  • Loonie falls after Poloz suggests he’s not ready to take away ‘punch bowl’

    Loonie falls after Poloz suggests he’s not ready to take away ‘punch bowl’

    [ad_1] The Canadian dollar came under renewed selling pressure on Tuesday morning, falling half a cent after Bank of Canada Governor Stephen Poloz’s speech suggested the pace of interest rates hikes may become more gradual as the economy expands without triggering inflation. The loonie fell from 77.87 cents US to 77.37 cents after Poloz started giving a speech about the labour market…

  • U.S. consumer prices slow as gasoline falls, rents moderate

    U.S. consumer prices slow as gasoline falls, rents moderate

    [ad_1] WASHINGTON (Reuters) – U.S. consumer price growth slowed in February amid a decline in gasoline prices and a moderation in the cost of rental accommodation, the latest indication that an anticipated pickup in inflation probably will be only gradual. A woman pumps gas at a station in Falls Church, Virginia December 16, 2014. REUTERS/Kevin…

  • Qualcomm (QCOM) stock falls on blocked Broadcom deal

    Qualcomm (QCOM) stock falls on blocked Broadcom deal

    [ad_1] Shares of Qualcomm fell 5.5 percent in premarket trading Tuesday, a day after the company’s proposed merger with Broadcom was called off. President Donald Trump ordered the immediate and permanent end of takeover talks between the rival chipmakers Monday, citing national security concerns. Qualcomm had resisted a deal for months, rejecting several record-breaking price…

  • Bitcoin price LIVE: BTC falls, Ripple CEO says Bitcoin is the ‘Napster of digital assets’ | City & Business | Finance

    Bitcoin price LIVE: BTC falls, Ripple CEO says Bitcoin is the ‘Napster of digital assets’ | City & Business | Finance

    [ad_1] 7.30am MORNING HEADLINES Good morning, and welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime. Bitcoin is currently priced at $9,149 after falling from $9,823 overnight. Ripple CEO, Brad Garlinghouse has come out fighting over comparisons made between his burgeoning cryptocurrency XRP and BTC, the current market…

  • UK production soars to highest output figure for more than a year – while Germany’s falls | City & Business | Finance

    UK production soars to highest output figure for more than a year – while Germany’s falls | City & Business | Finance

    [ad_1] The Chancellor’s Spring Statement next week has now been boosted by the news that the UK’s manufacturing sector has registered its ninth consecutive month of growth the longest sustained period of expansion since records began.  The UK’s 1.3 percent gain on December’s production results was driven by North Sea oil and the reopening of…

  • Bitcoin price LIVE: BTC falls to $8k as the Tokyo ‘whale’ is blamed for 20% plunge | City & Business | Finance

    Bitcoin price LIVE: BTC falls to $8k as the Tokyo ‘whale’ is blamed for 20% plunge | City & Business | Finance

    [ad_1] 7.30am MORNING HEADLINES Bitcoin has suffered another night to forget after shedding another $1,000 and falling to $8,783 at time of press. Much of the blame for this current crash is falling onto the shoulders of one Nobuaki Kobayashi, an attorney known amongst those who traded through the 2014 Mt. Gox meltdown as the Tokyo “whale”.Critics…

  • Bitcoin falls for second day amid increased scrutiny on exchanges

    Bitcoin falls for second day amid increased scrutiny on exchanges

    [ad_1] Bitcoin fell again Thursday, bringing its losses from a high reached earlier in the week to greater than 15 percent, after news of increased regulatory scrutiny on cryptocurrency exchanges. The cryptocurrency fell about 7 percent to $9,825 over the last 24 hours on Coinbase. It reached a high for the week of $11,624 on…

  • Bitcoin price LIVE: BTC falls $1,000 to BELOW $10k as regulatory fears grip Japan and US | City & Business | Finance

    Bitcoin price LIVE: BTC falls $1,000 to BELOW $10k as regulatory fears grip Japan and US | City & Business | Finance

    [ad_1] 7.45am MORNING HEADLINES Good morning, and welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime. Cryptocurrencies have suffered another overnight slump amid concern of a regulatory clampdown in Japan and the US. Japan has punished seven cryptocurrency exchanges, ordering two of them to suspend business, to shore…

  • Push by female-led investor group to buy Weinstein Company falls through – Business

    Push by female-led investor group to buy Weinstein Company falls through – Business

    [ad_1] The female-led investor group that had agreed to buy The Weinstein Company’s assets pulled its offer on Tuesday, and lead investor Maria Contreras-Sweet said the decision was made after the group “received disappointing information.” Two sources familiar with the matter told Reuters that the investor group pulled the offer after discovering the Hollywood studio’s…

  • Britain warns Russia after former double agent mysteriously falls ill in U.K. – World

    Britain warns Russia after former double agent mysteriously falls ill in U.K. – World

    [ad_1] Britain warned on Tuesday it would respond robustly if Russia was shown to be behind the mysterious illness that struck down a former Russian double agent convicted of betraying dozens of spies to British intelligence. Foreign Secretary Boris Johnson named Sergei Skripal, once a colonel in Russia’s GRU military intelligence service, and his daughter, Yulia, as the two people who…

  • Millions of taxpayer dollars support European boat company in Smiths Falls, Ont. – Ottawa

    Millions of taxpayer dollars support European boat company in Smiths Falls, Ont. – Ottawa

    [ad_1] The once-struggling town of Smiths Falls, Ont., took a chance on the marijuana industry, and it paid off with the establishment of Canopy Growth Corp. Now the town is betting on luxury canal boat rentals to attract international tourists. Millions of taxpayer dollars helped sweeten the deal. Le Boat — a United Kingdom-based yacht company — has a strong track record…

  • Canada falls in Challenge Trophy final at rugby Sevens World Series

    Canada falls in Challenge Trophy final at rugby Sevens World Series

    [ad_1] Tevaughn Campbell scored back-to-back tries as Canada mounted a late rally but came up short in a 26-19 loss on Sunday in the Challenge Trophy final at the HSBC Las Vegas Sevens Series. Canada fought back from a 12-point deficit to level the scores at 19-19 in the second half before a late interception from…

  • Hometown favourite Steve Laycock falls in opening Brier draw

    Hometown favourite Steve Laycock falls in opening Brier draw

    [ad_1] Hometown favourite Steve Laycock and his Saskatchewan rink fell to Quebec’s Mike Fournier 5-2 in nine ends on Saturday in the first draw of the Tim Hortons Brier. Laycock lost after allowing a steal of two in the eighth and one in the ninth, in his opening game of the round-robin tournament at Canada’s…

  • Wall Street falls, on track for weekly losses on trade war fears

    Wall Street falls, on track for weekly losses on trade war fears

    [ad_1] (Reuters) – The Dow and S&P 500 fell on Friday and were on track for weekly losses as investor anxiety built over a possible global trade war following President Donald Trump’s threat to impose import tariffs on steel and aluminum. FILE PHOTO – Traders work on the floor of the New York Stock Exchange,…

  • Dow falls 1 percent as trade war fears hurt industrials

    Dow falls 1 percent as trade war fears hurt industrials

    [ad_1] (Reuters) – The Dow industrials fell more than 1 percent for a fourth straight day on Friday on mounting fears of a global trade war following President Donald Trump’s promise to impose import tariffs on steel and aluminum. FILE PHOTO – Traders work on the floor of the New York Stock Exchange, (NYSE) in…

  • China’s second largest e-retailer falls on results

    China’s second largest e-retailer falls on results

    [ad_1] JD.com, China’s second largest e-commerce firm, saw its stock plunge in pre-market trade on Friday as margins were squeezed by competition and heavy investments during its top earnings season hit quarterly profits. JD.com’s U.S.-listed stock was down 10 percent in pre-market trading. Despite posting better-than-expected revenue for the quarter, net income was down 17.7…

  • Wall St falls more than 1 percent on Trump tariff comments

    Wall St falls more than 1 percent on Trump tariff comments

    [ad_1] NEW YORK (Reuters) – Major U.S. stock indexes dropped more than 1 percent on Thursday after President Donald Trump said the United States would impose import tariffs on steel and aluminum, raising concern about higher prices and a trade war. Trump said the United States would impose tariffs of 25 percent on steel imports…

  • Russia’s credit rating rises; Brazil’s falls

    Russia’s credit rating rises; Brazil’s falls

    [ad_1] BRAZIL and Russia, the third- and fourth-biggest emerging economies, have much in common beyond their size. Each boasts annual GDP per person of around $10,000, which depends more than either would like on natural riches. After commodity prices tumbled in 2014, their economies shrank and their currencies sank. Their central banks have fought hard…

  • Wall Street falls with energy; S&P set for biggest monthly fall since 2016

    Wall Street falls with energy; S&P set for biggest monthly fall since 2016

    [ad_1] NEW YORK (Reuters) – U.S. stocks edged lower on Wednesday with a drop in energy shares, and the S&P 500 was on track for its biggest monthly fall since January 2016. The S&P energy index .SPNY fell 1.3 percent following sharply lower oil prices. Retailer shares gained, however, following upbeat results. Booking Holdings (BKNG.O),…

  • Wall Street falls as Powell’s comments fuel rate worries

    Wall Street falls as Powell’s comments fuel rate worries

    [ad_1] NEW YORK (Reuters) – U.S. stocks declined on Tuesday after Federal Reserve Chairman Jerome Powell gave an upbeat view on the U.S. economy and said data has strengthened his confidence on inflation. The comments boosted bets the central bank would squeeze in a fourth rate hike this year. In his prepared remarks, Powell hinted…

  • Dow, S&P climb on energy and industrials; Nasdaq falls

    Dow, S&P climb on energy and industrials; Nasdaq falls

    [ad_1] NEW YORK (Reuters) – The Dow and S&P 500 advanced on Thursday to halt a two-session losing skid, buoyed by gains in industrial and energy shares as U.S. Treasury yields eased, while the Nasdaq lost ground for a third straight session. Major indexes advanced early as worries about a faster pace of interest rate…

  • Wall Street falls as Fed minutes send bond yields higher

    Wall Street falls as Fed minutes send bond yields higher

    [ad_1] NEW YORK (Reuters) – U.S. stocks closed lower on Wednesday in a rocky session after the release of the minutes from the Federal Reserve’s January meeting pushed yields on the benchmark 10-year U.S. Treasury note to a four-year high. After the Fed left interest rates unchanged in January, minutes showed the U.S. central bank’s…

  • Bitcoin price LIVE: BTC falls while Bangladesh begins ‘hunt’ for crypto traders | City & Business | Finance

    Bitcoin price LIVE: BTC falls while Bangladesh begins ‘hunt’ for crypto traders | City & Business | Finance

    [ad_1] 7.30am MORNING HEADLINES Good morning, and welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime. Bitcoin is priced at $11,090 this morning after shedding $500 overnight. Crypto-crackdown The Dhaka Tribune in Bangladesh is reporting that local police are, “on the hunt for bitcoin users”. The report adds…

  • Walmart holiday quarter profit falls, comparable sales beat estimates

    Walmart holiday quarter profit falls, comparable sales beat estimates

    [ad_1] NEW YORK (Reuters) – U.S. retailer Walmart Inc (WMT.N) on Tuesday reported a lower-than-expected quarterly profit even as comparable sales in the U.S. market rose for the 14th consecutive quarter. Sales at U.S. stores open at least a year rose 2.6 percent, excluding fuel, in the fourth quarter ended Jan. 31. Analysts forecast a…

  • Rachel Homan 'burned' as Canada falls to 0-3 in women's curling

    Rachel Homan 'burned' as Canada falls to 0-3 in women's curling

    [ad_1] Canadian skip Rachel Homan stirred up controversy in Friday’s round-robin match against Denmark. But it was the Danes who had the last laugh as Homan missed a takeout with the hammer in the 11th end, losing 9-8 and dropping Canada to 0-3 in the Olympic tournament. [ad_2] Source link

  • Bitcoin price LIVE: BTC falls from $10k high but experts herald ‘renewed energy’ | City & Business | Finance

    Bitcoin price LIVE: BTC falls from $10k high but experts herald ‘renewed energy’ | City & Business | Finance

    [ad_1] 7.30am MORNING HEADLINES  Good morning, and welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime. Bitcoin is priced at $9,854, a $162 loss on the day so far. Ethereum is at $923 and Ripple is priced at $1.17. Bitcoin commentators are heralding this return to the symbollic…