Markets

G7 leaders agree 'rapid response' to Russian meddling

Trump's comments Friday on Russian Federation also could alienate him from his own party. So take a moment to admire Mr. Trump's instinctive pot-stirring genius, and then consider what it tells us. Asked whether he thought the leaders could agree on a joint statement, Trump said , "I think we'll have a joint statement". Now Trump is sitting down with French President Emmanuel Macron and Cana... [Full Article...]

Is it Time for a Financial Check: Kinder Morgan, Inc. (KMI)

Is it Time for a Financial Check: Kinder Morgan, Inc. (KMI) Meiji Yasuda Asset Mgmt invested in 0.05% or 36,833 shares. Eii Capital holds 7,902 shares or 0.07% of its portfolio. Kistler holds 0.02% in Kinder Morgan, Inc . Jefferies maintained the shares of SODA in report on Thursday, May 12 with "Hold" rating. KMI's profit will be $419.15 million for 22.16 P/E if the $0.19 EPS becomes a reality. [Full Article...]

Apple to make 20 percent fewer new model iPhones this year: Nikkei

Apple to make 20 percent fewer new model iPhones this year: Nikkei Last year it ordered 100 million units of iPhone 8 , iPhone 8 Plus , and iPhone X , this year it only wants 80 million units of the newer models. It knocked 2 percent off Apple's shares and send stocks of its suppliers around the world as much as 6 percent lower, weighing on the USA and other stock markets. [Full Article...]

Porsche Taycan: Mission E's production name revealed, here in 2020

Porsche Taycan: Mission E's production name revealed, here in 2020 The production model will get the new Porsche Taycan name and be unveiled fully in early 2019, with customers taking delivery later that year. Prototypes of the Taycan electric saloon have been undergoing development testing for several months. [Full Article...]

Camp Day at Tim Hortons

Enjoy these photos from Camp Day in Collingwood. Brett Gibson is President of the Waterloo Professional Fire Fighters Association - and says they'll be helping out locally, as June 6th is Tim Hortons' Camp Day. This is just another one that we're pleased to help out with - as the funds raised go towards kids so they can have a great camp experience! Guests can also make a one-time, or monthly ... [Full Article...]

Film producer Harvey Weinstein due to enter plea on rape charges

Film producer Harvey Weinstein due to enter plea on rape charges His bail was previously set at $ 1 million , allowing him to remain free while he awaits trial. His next court appearance is scheduled for September 20. Weinstein arrived in an SUV on Tuesday and walked with his attorney into the courthouse. "Weinstein had until recently seemed untouchable, harnessing his wealth and his influence in the movie industry to intimidate women out of speaking publicly... [Full Article...]

Trump Says He'll Quit Nafta If Countries Can't Reach New Deal

Trump Says He'll Quit Nafta If Countries Can't Reach New Deal Canada is flatly rejecting Donald Trump's suggestion to reinstate Russian Federation in the G7, four years after it was expelled from the group of industrialized nations for annexing Ukraine's Crimea. Prime Minister Giuseppe Conte arrives in Canada for the G7. In a statement at the time the countries, which include the U.S., France, Canada, Germany, Italy, the United Kingdom and Japan, condemne... [Full Article...]

UK's Poundworld to appoint administrators

UK's Poundworld to appoint administrators Carpetright (Other OTC: CGHXF - news ), Marks & Spencer (Frankfurt: 534418 - news), Mothercare (Other OTC: MHCRF - news) and New Look are among the other retailers which have announced store closure plans this year, with thousands of jobs disappearing as a outcome. [Full Article...]

Oil prices fall on dip in China demand, surging United States output

Oil prices fall on dip in China demand, surging United States output US light crude was down 15 cents at $65.37. Despite Friday's falls, Brent remains more than 15 percent above its level at the start of the year.USA investment bank Jefferies said on Friday that the "crude market is tight and spare capacity could dwindle to 2 percent of demand in 2H18, its lowest level since at least 1984". [Full Article...]

Trump vows to 'straighten out' G7 trade ahead of tense meeting

Trump vows to 'straighten out' G7 trade ahead of tense meeting Trudeau said he and Trump have disagreed over Trump's call for Canada to open up its supply management system, which protects dairy, poultry and eggs farmers, during the hard ongoing renegotiation of the North American Free Trade Agreement . [Full Article...]

Financial regulator to investigate TSB IT migration problems

Financial regulator to investigate TSB IT migration problems In the letter, Bailey delivered a number of criticisms of Paul Pester, the TSB chief executive, pointing out that the regulator has been "dissatisfied with TSB's communications" with concerns that the bank "was not being open and transparent about the issues experienced". [Full Article...]

US trade deficit falls for second straight month in April

US trade deficit falls for second straight month in April Economists say that tariffs will do little to shrink the trade deficit, partly because of the dollar's status as the global reserve currency and the low US savings rate, including a fiscal deficit that has been blown up by a $1.5 trillion tax cut package. [Full Article...]

'We Don't Mind Being 6' Macron Says G-7 Doesn't Need US

Donald Trump is due to fly into Quebec on Friday morning for a G7 meeting which, even before it has begun, is already on the way to being the most acrimonious in the summit's history. Macron was biting in his criticism of Trump, saying that the other six leading industrialized countries at the summit could get along there without the U.S. [Full Article...]

Google pledges not to use artificial intelligence for weapons or surveillance

Google pledges not to use artificial intelligence for weapons or surveillance Aside from making the principles public, Pichai didn't specify how Google or its parent Alphabet would be accountable for conforming to them. "As a leader in AI, we feel a special responsibility to get this right". "While we are not developing AI for use in weapons, we will continue our work with governments and the military in many other areas", Pichai wrote. [Full Article...]

Ghana to dissolve football association over bribery allegations

Ghana to dissolve football association over bribery allegations And the government of the Republic of Ghana Akufo-Addo who was even mentioned in the video by the GFA president in his quest to use his name to collect monies from investors is taking steps to dissolve the Ghana football governing body the the rots that have engulfed it. [Full Article...]

May finds cabinet compromise with Brexit fall-back plan

May finds cabinet compromise with Brexit fall-back plan The so-called backstop proposal was published after last-minute wrangling over the wording with Brexit Secretary David Davis, who was reported to have been considering resigning unless it included a time limit. Cabinet tensions on the backstop initiative emerged yesterday after Mr Davis was believed to be insisting that the United Kingdom should be able to unilaterally withdraw from any border a... [Full Article...]

Analytica former head to testify

Analytica former head to testify Brittany Kaiser, a director at Cambridge Analytica , met with Assange on February 17, 2017 to have a "retrospective" discussion about the election, the Guardian reported on Tuesday. He told them: "If you were sitting where I am right now, you would probably feel quite victimised". "Of course, the answer to this question should have been 'yes, '" Nix was quoted as saying by Reuters , when a... [Full Article...]

Tesla involved in fatal crash sped up before hitting road barrier

Tesla involved in fatal crash sped up before hitting road barrier The auto gave Huang two visual alerts and one auditory warning to place his hands on the steering wheel during the trip, though those alerts were made more than 15 minutes before the crash. In an update after the accident, Tesla highlighted that the absence of a crash attenuator - a highway safety device created to absorb the impact of a collision - was already damaged when the Model X collide... [Full Article...]

Canada, France forge united front ahead of G7 summit with Trump

Yesterday, we found out that, back in May, Donald Trump had a call with Canadian prime minister, Justin Trudeau , where they discussed the tariffs that the USA was going to impose on Canada . I guess the only positive about this story is that George W. Bush is no longer the dumbest person we've ever had serving as president of the United States. [Full Article...]

Chaos at Northern to be investigated, says Transport Secretary

Chaos at Northern to be investigated, says Transport Secretary I have listened to MPs and share their concerns that the industry has badly failed its passengers. "It is right that the industry has apologised for the situation that we are now in, and that we learn the lessons for the future". This is around 6% of all services. Reduced timetables were rolled out on Monday in a bid to phase in the upgrades, but many trains were still late or did not run in s... [Full Article...]


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