• Stock market rule change could lure record Saudi float
Stock market rule change could lure record Saudi float

FCA boss Andrew Bailey said a new class of share would allow investors to consider sovereign-backed issuers on their own terms while preserving the historical protections for most buyers. "Investors have long recognised this and capital markets are well adapted to assess the treatment of other investors by sovereign countries", he said.

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  • Authorities Share Chris Cornell Police Report as Tom Morello Pens Tribute
Authorities Share Chris Cornell Police Report as Tom Morello Pens Tribute

One end of the "resistance band was around Cornell's neck and the other end was attached to a clip over the top of the bathroom door", reports Billboard. They provide the most complete picture yet about a series of events that garnered global attention. The photos shows the exercise band that Cornell reportedly used to hang himself, blood smears ...

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  • Sports Direct buys a big chunk of struggling retailer GAME
Sports Direct buys a big chunk of struggling retailer GAME

The deal comes shortly after GAME issued a profit warning , and saw its share price drop by nearly 30 percent to just 23 pence (30 cent) per share. Game has faced turbulent times in recent years as gamers have increasingly turned to online retailers and digital marketplaces to buy video games.

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  • Size of Southern Rail fine branded an 'insult'
Size of Southern Rail fine branded an 'insult'

Southern drivers are already working to rule by refusing overtime in a separate dispute with GTR over the introduction of driver only operation on some routes - the issue which sparked the industrial action which has been causing delays since April 2015.

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  • AstraZeneca CEO Soriot being lured to generic giant Teva
AstraZeneca CEO Soriot being lured to generic giant Teva

Shares in AstraZeneca were down 4.6% at GBP49.53 ($63.8) Thursday midmorning in London. However Soriot is set to leave at a pivotal point for AZ if the stories are true - the company is due to announce top line results from the MYSTIC trial of its key immunotherapy combination in first line lung cancer.

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  • Shell to divest Upstream interests in Ireland for up to $1.23 billion
Shell to divest Upstream interests in Ireland for up to $1.23 billion

CPPIB will operate the field with Vermilion Energy Inc ( VET ) as it attempts to diversify beyond domestic markets in Canada. The transaction is for $947 million initially with payments of up to $285 million between 2018 and 2025, depending on gas prices and production.

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  • Delta Air Lines Inc Q2 Income Advances 7%
Delta Air Lines Inc Q2 Income Advances 7%

Finally, Teachers Advisors LLC boosted its stake in Delta Air Lines by 22.6% in the fourth quarter. -Revenue Change (Y-o-Y): 3.3%. Several research analysts recently issued reports on the stock. "While 2017 is a transition period for Delta, we are encouraged by the improvement in unit revenues, leading to increasing conviction in our ability to...

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  • Rice Midstream Partners LP (RMP) Upgraded by BidaskClub to Sell
Rice Midstream Partners LP (RMP) Upgraded by BidaskClub to Sell

It has outperformed by 4.96% the S&P500. Bank of New York Mellon Corp now owns 36,221 shares of the pipeline company's stock valued at $1,157,000 after buying an additional 28,537 shares during the last quarter. (NYSE:T). Goldman Sachs Gp accumulated 22.73M shares. Rbo And Commerce Llc owns 245,052 shares for 2.79% of their portfolio. Smithfield Tr...

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  • Luke Shaw Given Another Chance to Impress Jose Mourinho, Win Place
Luke Shaw Given Another Chance to Impress Jose Mourinho, Win Place

Pereira, who signed a new long-term United contract just a few days ago, is highly rated by Mourinho , with the boss convinced his fellow countryman can be Portugal's number one in future if he continues to develop as he has done so far. It's unlikely that he'll feature in the pre-season games, which puts his place in the starting line-up for the ...

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  • Tesco Booker takeover referred for in-depth competition probe
Tesco Booker takeover referred for in-depth competition probe

The news follows a request from Tesco and Booker to "fast track" the investigation which was accepted by the CMA. It added that there were concerns that, after the merger, there was the potential for Booker to reduce the wholesale services or terms it offers its symbol store customers, in order to drive shoppers to their local Tesco.

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  • All trains on Melbourne's rail network suspended after computer failure
All trains on Melbourne's rail network suspended after computer failure

One angry customer claimed the company was charging $50 to get from one side of the city to the other at 5pm. Metro Trains said the computer problem had been fixed an hour and a half after the entire network went down just after 4:00pm. "Passengers on-board services now stopped between stations, please do not attempt to force doors open and aligh...

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  • What Do Analysts Say About Taiwan Semiconductor Manufacturing Company Limited (TSM)
What Do Analysts Say About Taiwan Semiconductor Manufacturing Company Limited (TSM)

Taiwan Semiconductor Manufacturing Company's payout ratio is now 42.86%. Return on Assets (ROA) value of the stock is 19.4 Percent. 07/12/2016 - Taiwan Semiconductor Manufacturing Company Ltd. Analysts predict that Taiwan Semiconductor Manufacturing Company Ltd. will post $2.19 earnings per share for the current fiscal year. On July 12 the comp...

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  • Demonetisation: RBI governor Urjit Patel to appear before Parliament panel, says report
Demonetisation: RBI governor Urjit Patel to appear before Parliament panel, says report

Sources privy to developments said that after a three-hour long tiring interaction, a hapless Congress MP Digvijay Singh wondered whether the Centre will be able to give the details before the 2019 Lok Sabha polls! The government on November 8 previous year had scrapped legal tender status of Rs 1,000 and Rs 500 currency notes as part of its crac...

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  • FYJC 2017 First Merit List Out on Mumbai
FYJC 2017 First Merit List Out on Mumbai

And the third list of FYJC will be released on July 29th and the final merit list will be declared on August 6th. Pune: Students who were allotted colleges in the first merit list of first year junior college ( FYJC , Std XI) on Monday rushed to their respective colleges for confirmation of admission on Tuesday.

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  • BJP IT cell secy held for posting 'fake' video on social media
BJP IT cell secy held for posting 'fake' video on social media

Sengupta reportedly posted the video on April 17 this year and said that the police ordered a lathicharge upon Hanuman worshippers. Tarun Sengupta, Secretary BJP IT Cell, Asansol, WB, arrested today for spreading fake news and creating communal disharmony.

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  • Iran reveals plans on oil output in 2017
Iran reveals plans on oil output in 2017

At the national level, the largest growth in gas demand is expected in China , India, Iran, the U.S. and Saudi Arabia. Worldwide economic sanctions against Iran were eased in early 2016. The total investment required in the two sectors is about $60 billion, some $40 billion of which will go to the petrochemicals and $20 billion to refining and c...

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  • O&G stocks fuel markets' rise, Nifty closes above 9800 points
O&G stocks fuel markets' rise, Nifty closes above 9800 points

The index settled above the 9,800 mark for the first time today. The 30-share index zoomed 215.60 points, or 0.67%, to hit a new peak of 32,020.42, surpassing previous intra-day record of 31,885.11 reached on 11 July. Major Sensex gainers on Wednesday were: Hindustan Univelever, up 2.04 per cent at Rs 1,129.70; ONGC, up 1.59 per cent at Rs 162.85...

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  • United Kingdom declines to publish extremism report, citing security
United Kingdom declines to publish extremism report, citing security

In a blog published on its website , the Home Office said: "The former prime minister [David Cameron] was clear when committing to the review in the House that it would report to the home Secretary and prime minister". "Those giving may not know or support the organisations" full agenda'. "Instead of supporting the perpetrators of these vile ide...

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  • Hewitt expects Federer and Murray to face off in final
Hewitt expects Federer and Murray to face off in final

Federer lacked his usual fluidity against the serve-volleying German but overcame the challenge 7-6, 6-4, 6-4 to set up a fourth round clash against Grigor Dimitrov . Querrey, the USA 24th seed who knocked out Novak Djokovic in 2016, made the quarter-finals for a second successive year with a 5-7, 7-6 (7/5), 6-3, 6-7 (13/11), 6-3 over unseeded K...

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  • Chelsea 'Very Confident' of Tiemoue Bakayoko Transfer Amid Man United Rumours
Chelsea 'Very Confident' of Tiemoue Bakayoko Transfer Amid Man United Rumours

Monaco midfielder Tiemoue Bakayoko's move to Chelsea could be announced in the upcoming days. Chelsea have been in pursuit of the Monaco midfielder for several weeks but negotiations have dragged on and the two clubs are yet to finalise an agreement for the Frenchman.

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