Markets

Wounded May soldiers on as election shock complicates Brexit

Wounded May soldiers on as election shock complicates Brexit On the other hand, the opposition Labour Party under Jeremy Corbyn has gained a significant number of seats and revived itself. Labour won 262 seats in the General Election , up from the 232 secured by Ed Miliband in 2015, but the Conservatives remain the largest party in Parliament. [Full Article...]

British Prime Minister Theresa May's Top 2 Aides Quit

The SNP wants Theresa May to rethink her Brexit strategy. The voters didn't give it to her - nearly 60 percent of those who voted Thursday rejected the Conservatives. May said Brexit talks would begin on June 19 as scheduled, the same day as the formal reopening of parliament. Britain's typically right-wing press savaged May over the election outcome, questioning whether she will be able to ... [Full Article...]

Top two aides to British PM Theresa May quit

A stony-faced Mrs May , speaking on the doorstep of her official Downing Street residence, said the government would provide certainty and lead Britain in talks with the European Union to secure a successful Brexit deal. Brexit talks with European Union negotiators are scheduled to begin in 10 days. Could you tell us a little bit about the Democratic Unionists? Britons were truly exasperate... [Full Article...]

U.S. intelligence chiefs decline to discuss Trump contacts

U.S. intelligence chiefs decline to discuss Trump contacts MARK WARNER: All I'd say. McCabe said it would be inappropriate to discuss issues that might end up being part of the special counsel's investigation into Russian activities during the election. But Cornyn's questions were otherwise fair and reasonable - even if their responses could mean 3 1/2 years more of Trump. "That was the first time I've seen a witness come before Congress and admit tha... [Full Article...]

British Pound Falls After Exit Polls Predict Hung Parliament

British Pound Falls After Exit Polls Predict Hung Parliament However, shares opened higher with the benchmark FTSE 100 index up 1.3% at 7,544.78 points. Individual winners and losers were largely driven by currency, and some sectors seen as particularly sensitive to Brexit instability also saw heavy losses. [Full Article...]

Germany prepared for Brexit negotiations, says Merkel

Germany prepared for Brexit negotiations, says Merkel Now that it has made a decision to jump ship, it seems it can't get its act together to actually leave. Having called the snap poll in an attempt to increase her majority and strengthen her negotiating hand, May now has to tread a careful path between the Brexit zealots in her own party and those who would prefer a "soft" withdrawal. [Full Article...]

Gulf nations may let some Qataris stay amid diplomatic rift

Gulf nations may let some Qataris stay amid diplomatic rift Saudi Arabia, Bahrain, the United Arab Emirates and Egypt cut diplomatic ties and traffic links with Doha Monday, after accusing Doha of sponsoring terrorism. The coordinated move suggests the Gulf states are seeking to lessen the humanitarian impact of their June 5 severing of ties with Qatar, in retaliation for what they call its support for terrorism and their regional foe Iran . [Full Article...]

Lack of Progress Could Delay Senate Health Care Vote

Some of the current bill's issues revolve around people with pre-existing conditions facing higher costs, the pushing back of a decrease in Medicaid spending-which the House version had starting in 2020-and just how to fund everything. About 400 people gathered outside the U.S. Capitol in Washington, D.C. - blind, disabled, elderly people among them - with many holding signs reading "Don't Mess Wi... [Full Article...]

Trump On Comey: 'No Collusion. No Obstruction

Mr. Comey told the Senate Committee that President Donald Trump was not directly under investigation at the time he was sacked but accused the Trump administration of choosing to defame him and the FBI by "claiming the agency was poorly led". [Full Article...]

Speed up Brexit talks to avoid 'no deal', European Union tells UK

Guy Verhofstadt, the European Parliament's top Brexit official, is eager to get talks started. "In our view, the lack of a majority for any party is likely to delay Brexit negotiations, scheduled to start very soon", S&P Global said in a statement. [Full Article...]

Why the General Election has made your holiday more expensive

Why the General Election has made your holiday more expensive The exit poll had predicted the ruling Conservatives would claim 314 seats in the 650-member parliament and the opposition Labour Party 266, leaving no clear victor when markets had assumed May would easily increase her majority. The GBP EUR exchange rate fell from above 1.15 to 1.13 - its worst rate since January 17th this year - the second the poll was announced. Craig Erlam, Senior Market... [Full Article...]

Stillwater Investment Management LLC Increases Position in Procter & Gamble Co (PG)

Factory Mutual Insurance Company sold 50,000 shares as the company's stock declined 5.32% while stock markets rallied. The institutional investor held 1.42M shares of the package goods and cosmetics company at the end of 2016Q4, valued at $118.92 million, down from 1.47 million at the end of the previous reported quarter. [Full Article...]

FTSE 100 rises but pound suffers after shock election result

Those who are trading on the markets stand to gain a substantial amount of money as the pound falls, before it inevitably begins to climb up and level out again much later this morning. Richard Berry, founder of the currency specialists Berry FX, said: "The pound dived sharply overnight when the exit polls came in and has been stumbling through a wasteland ever since". [Full Article...]

Iran arrests 7 more persons linked to Tehran attacks

The president of the United Arab Emirates (UAE) has sent condolences to his Iranian counterpart after at least 13 people were killed in militant attacks on Iran's parliament and Ayatollah Khomeini's mausoleum in Tehran . Iran is a key fighting force against IS and other groups in Iraq and Syria, and the Sunni jihadists consider Iran's Shiite Muslims to be apostates. [Full Article...]

UK Prime Minister Theresa May says she'll stick to Brexit timetable

The DUP said only that it would enter talks. Prime Minister Theresa May (centre) with Northern Irish First Minister and DUP Leader Arlene Foster (left) and deputy First Minister Martin McGuinness (right), in 2016. "With a weak negotiating partner, there's a danger the negotiations will turn out badly". The premier had hoped in vain to secure a convincing leadership mandate before Brexit ... [Full Article...]

Trump proposes privatising air traffic control

In response to previous such comments by the president, the FAA has said that the current efforts to modernize air traffic operations, dubbed NextGen , have delivered some $2.72 billion in benefits and is running ahead of schedule and under budget on several major initiatives. [Full Article...]

James Comey accuses White House of lying in wounding testimony

Comey said there would be a duty to correct his statements if Trump became the subject of the probe. During one White House dinner, Comey recalled that the president asked him for "loyalty" and to lay off his former national security advisor Michael Flynn - who is under criminal investigation over his Russian Federation ties - imploring Comey to "let this go". [Full Article...]

Four killed in Russian village shooting

Four killed in Russian village shooting Russian Minister of Internal Affairs, Vladimir Kolokoltsev told RT.com : "The shooter was blocked". At least four people were killed by the gunman, including two found dead in the suspect's house after officers stormed it. Three more people were wounded. RT reports that his father turned up at the scene and pleaded with his son to give himself up. At least five men and women were reportedly... [Full Article...]

(BBT) Stake Boosted by Xact Kapitalforvaltning AB

See Intuitive Surgical, Inc. Kcg Inc reported 0.02% stake. Numeric Investors Ltd Limited Liability Company invested in 42,000 shares or 0.02% of the stock. Hermes Invest Management holds 0.01% in BB&T Corporation (NYSE: BBT ) or 8,600 shares. Schwab Charles Invest Mgmt holds 0.04% of its portfolio in Healthcare Realty Trust Inc (NYSE:HR) for 1.20 million shares. [Full Article...]

After meeting Assad ally Putin, Macron meets Syrian opposition

After meeting Assad ally Putin, Macron meets Syrian opposition Mr Putin said Mr Macron proposed a framework for French and Russian anti-terror experts to meet and work together. President Emmanuel Macron held talks with the head of the Syrian opposition on Tuesday, affirming his support for them, a day after meeting Russian leader Vladimir Putin , a key backer of Syrian leader Bashar al-Assad. [Full Article...]


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