Money

UK Q4 growth revised up to 0.7%

The ONS trimmed its estimate for 2016 growth to 1.8% from 2.0%, reflecting weaker stock-building that led to a downward revision first quarter figures. "The pattern of strong consumer spending and weaker business investment can only be a limited one". Michael Baxter, economics commentator for the Share Centre, said the United Kingdom growth figures had "confounded the doubters", but said we should expect economic growth to take on a very different shape this year. Read More

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Jay Z: From Marcy to VC

Jay Z: From Marcy to VC

Shawn Carter is launching a venture capital fund along with Roc Nation President Jay Brown, Business Insider reports . The two are overseeing a $100 million venture capital fund. The focus will be investing in start-ups and technology companies, the site reported . In 2012, Roc Nation invested an undisclosed amount in a company called Viddy, a company unofficially dubbed "Instagram for video". Read More

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Two rockets fired from Egypt's Sinai explode in Israel's south

The attack occurred a day after the terrorist group said that five members of its Sinai Peninsula branch were killed in a drone attack by Israel late on Saturday, according to the media. Even though both incidents reported no casualties, ISIS seeks to establish a new balance, whereby Israel pays up for aiding Egyptian security forces in the war against ISIS on one hand, and is dragged to strike Hamas for warming up to Egyptian the government. Read More

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US, Russia Top List Of Global Arms Exporters

US, Russia Top List Of Global Arms Exporters

Weapon imports by neighbouring Qatar, meanwhile, surged 245 percent. Nearly all the states in the region increased their arms buying, the report points out. According to SIPRI , between 2012 and 2016 arms deliveries rose by 8.4 percent. "Over the past five years, most states in the Middle East have turned primarily to the U.S. Read More

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Cisco Systems, Inc. (CSCO) PT Raised to $37.00

JP Morgan has been covering shares of CSCO , so it is most recent view is worth a look. The company has a market cap of $162,188 million. Cisco Systems, Inc. A number of research analysts have recently issued reports on CSCO shares. Finally, Jefferies Group reiterated an "in-line" rating and issued a $31.37 target price (down previously from $35.00) on shares of Cisco Systems in a research note on Tuesday, November 15th. Read More

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GOP senators are split on whether to investigate Flynn's Russian Federation ties

GOP senators are split on whether to investigate Flynn's Russian Federation ties

Earlier Monday, White House counselor Kellyanne Conway said Trump had "full confidence" in Flynn, though her assertions were not backed up by other senior Trump aides. "The challenge has been that not a day goes by without some new incident potentially complicating some of this", Warner said. It came months after he told supporters in Pennsylvania "I love Wikileaks", having previously "sarcastically" called on Russian Federation to hack and publish Ms Clinton's emails, during the ... Read More

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More than 1000 MI bridges in poor condition

Norwalk's Yankee Doodle Bridge on I-95, which spans the Norwalk River, is the state's most heavily traveled structurally deficient bridge. The information was analyzed by the American Road & Transportation Builders Association. Other heavily trafficked I-95 bridges in southwestern CT in the report include spans at the Saugatuck River in Westport and the Byram River in Greenwich. Read More

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BrexEffect: Sonos Raising Prices 15-25 Percent in UK

Sonos has joined Apple and other American companies in raising its prices in the U.K.in the wake of the June 2016 vote to extricate Britain from the European Union. If you've had your eye on a Sonos speaker, you should probably pick one up now as the price increases will not be put in place until 23 February. Sonos isn't the first manufacturer to introduce Brexit-based price increases. Read More

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China's Jan crude imports rise to third-highest on record

China's Jan crude imports rise to third-highest on record

The Lunar New Year period in 2017 began in late January. Customs is due to release the final data for trade on February 23. China's exports to the United States rose 6.2 percent in January compared to a year earlier. Exports increased by 15.9 percent to 1.27 trillion yuan, according to the General Administration of Customs. "It is pretty obvious to me that the climate for exports to the USA is going to be much harsher in the coming years". Read More

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Homeland Security chief wants border wall built in two years

There will be a multi-layered approach to building the wall - with a physical wall and part of the wall " you can see through because it will rely on sensors and technology ", Kelly said on Thursday. Aside from touring different sites, the officials also took the opportunity to personally meet with men and women who work on the front lines of border security. Read More

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China factory activity still solid

A reading above 50 indicates expansion while that below shows contraction in the sector. New order volumes were mostly driven by stronger demand from domestic sources, some manufacturers noting rising sales to energy sector clients in particular. Read More

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Mexico opposition leader urges United Nations lawsuit over Trump wall

Mexico opposition leader urges United Nations lawsuit over Trump wall

But president Enrique Pena Nieto condemned Mr Trump's order and said Mexico would not contribute any money. Trump said Mexico has "out-negotiated us and beat us to a pulp through our past leaders". Mexico has long insisted it will not heed Trump's demands to pay for the construction project. Prominent political figures in Mexico have suggested the country expel USA law enforcement agents, stop detaining Central American migrants or no longer inspect northbound trucks for drug shipments. Read More

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