• Xiaomi applies for IPO in Hong Kong with dual-class shareholding structure
Xiaomi applies for IPO in Hong Kong with dual-class shareholding structure

Smartphone and connected device maker Xiaomi filed for a Hong Kong initial public offering on Thursday, in what is expected to be the largest listing by a Chinese tech company in nearly four years. In the smartphone market its relatively cheap handsets pose a rising challenge to market leaders Samsung Electronics Co Ltd and Apple Inc. The c...

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  • Getting Feedback on New Tools to Protect People's Privacy | Facebook Newsroom
Getting Feedback on New Tools to Protect People's Privacy | Facebook Newsroom

They've currently begun testing it in worldwide markets, such as New Zealand and Australia for now, according to TechCrunch . They said a bug caused the button to launch publicly but it has since been disabled. Guy Rosen, the company's vice president of product, tweeted about the glitch. The company hopes to have 20,000 employees working to revi...

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  • U.S. stocks edge up, dollar falls after Fed statement
U.S. stocks edge up, dollar falls after Fed statement

Inflation had been stubbornly low, but that's starting to change, giving the central bank more reason to bump up rates to head off a spike in consumer prices. 3-4 rate hikes Fed officials in the March meeting had indicated that they expected a total of 3-4 hikes in 2018. The eight-member FOMC had raised the funds rate in March.

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  • PMI edges up to 51.1 in April
PMI edges up to 51.1 in April

According to the PMI , faster expansions in output and new orders led to a higher reading for April. The survey noted that optimism reflected expectations that new business and demand conditions will improve over the coming 12 months. "Besides, the non-manufacturing sector also showed fast expansion which contributed more to the overall economic...

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  • Short Sellers Circle Oil and Gas Stocks as Crude Price Climbs
Short Sellers Circle Oil and Gas Stocks as Crude Price Climbs

Brent crude futures, the worldwide benchmark, dipped 39 cents, or 0.5 per cent, to $74.25 a barrel. "They want to try and work out a deal that could be independent of any kind of Trump walk-away", said Bob Yawger, director of futures at Mizuho Securities USA Inc.in NY.

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  • What Robert Mueller's questions for Donald Trump reveal about the Russian Federation investigation
What Robert Mueller's questions for Donald Trump reveal about the Russian Federation investigation

Trump's casual lie about the nature of Mueller's questions illustrates why his legal advisers think it's risky for the president to sit down for an interview with the special counsel. Included in this category are questions about what Trump knew about the 2016 Trump Tower meeting where his son Donald Trump Jr., son-in-law Jared Kushner and then-ca...

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  • Passenger Sues Southwest, Claims PTSD After Blast on Flight
Passenger Sues Southwest, Claims PTSD After Blast on Flight

Trump said, "She must have been a fantastic woman". Southwest Airlines has canceled dozens of flights to allow time for engine inspections in light of the incident, according to NBC. Tammie Jo Shults, a former fighter pilot with the Navy who was flying the Southwest plane, Flight 1380, with 144 passengers, was hailed as a hero for her calm and...

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  • Summary of HSS Hire Group plc (LON:HSS) Ratings
Summary of HSS Hire Group plc (LON:HSS) Ratings

On Friday, April 13 the stock rating was maintained by Needham with "Buy". The stock of US Foods Holding Corp. Barclays Capital maintained Stagecoach Group plc (LON:SGC) rating on Thursday, April 28. Liberum Capital has "Buy" rating and GBX 310 target. RBC Capital Markets maintained it with "Outperform" rating and GBX 2700 target in Wednesday, Sept...

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  • BP profits soar despite $1.6bn Deepwater Horizon payout
BP profits soar despite $1.6bn Deepwater Horizon payout

Our safe and reliable operations and strong financial delivery have continued into 2018. Bob Dudley, Group chief executive of BP said regarding to the recent data. First-quarter results in the sector have been a mixed bag, with Royal Dutch Shell and Exxon Mobil falling short of forecasts, while results from Chevron and Total were stronger than ex...

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  • Sainsbury's to top Tesco with £7 bln swoop on Asda
Sainsbury's to top Tesco with £7 bln swoop on Asda

Tesco (LON:TSCO) continued to grow its United Kingdom grocery sales in the 12 weeks to April 22, the latest industry numbers by Kantar Worldpanel have shown. Sainsbury's is valued at around £5.9 billion. If it gets regulatory approval, the biggest British deal in the sector for more than a decade will see the second and third-largest food ret...

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  • 2 deer found alive in Oregon with arrows through head, neck
2 deer found alive in Oregon with arrows through head, neck

Officials in southwestern OR discovered a pair of live deer impaled by arrows, sparking a police investigation to arrest whoever is responsible for maiming the animals. A reward is being offered by the Oregon Hunters Association for any information which leads to an arrest in the case. Callers can remain anonymous.

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  • EU Chief Negotiator Warns Irish Border Talks Risk Collapse
EU Chief Negotiator Warns Irish Border Talks Risk Collapse

The EU's chief Brexit negotiator urged rapid movement on the vexed issue ahead of this June's meeting of the bloc's leaders. Mrs Foster also accused the EU of aggression, telling the broadcaster: "Some of the utterances from the European Union...

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  • Sainsbury's may Wednesday Walmart's Asda
Sainsbury's may Wednesday Walmart's Asda

A spokesman for Sainsbury's said: "We all know these songs stay in your head". Sainsbury's CEO Mike Coupe said he was "100 percent confident" that no stores would be closed because of the deal. Walmart will own 42 per cent of the combined business and receive £2.97 billion in cash, and 29.9 per cent of total voting rights. He became its tra...

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  • Microsoft Corporation (MSFT) Sets All-Time High at $95.82 on April, 28
Microsoft Corporation (MSFT) Sets All-Time High at $95.82 on April, 28

The stock decreased 2.73% or $1.47 during the last trading session, reaching $52.32. Culbertson A N And Incorporated reported 69,414 shares or 2.35% of all its holdings. About 3.98 million shares traded. Jackson Grant Investment Advisers Inc. grew its holdings in shares of Microsoft by 0.3% in the second quarter. Ruggie Capital Group accumulated 1,...

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  • Canada stock markets shut down due to exchange issues -TMX
Canada stock markets shut down due to exchange issues -TMX

Toronto's main stock exchange operator, TMX Group Ltd, made a decision to shut down the market after the technical issues came into play and through several Tweets on Twitter, said that all those participating in the market on Friday were "equally impacted and are unable to connect to our exchanges".

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  • Jefferies Group Analysts Give GlaxoSmithKline (GSK) a GBX 1600 Price Target
Jefferies Group Analysts Give GlaxoSmithKline (GSK) a GBX 1600 Price Target

It has underperformed by 3.76% the S&P500. Quincy Lee decreased its stake in Rush Enterprises Inc (RUSHB) by 44.56% based on its latest 2017Q4 regulatory filing with the SEC. It dropped, as 9 investors sold TCX shares while 18 reduced holdings. 49 funds opened positions while 65 raised stakes. Atlanta Capital Management L L C holds 0.92% or 3.74 ...

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  • Bellator 198 Results: Watch Fedor Emelianenko TKO Frank Mir In First Round
Bellator 198 Results: Watch Fedor Emelianenko TKO Frank Mir In First Round

Fedor, widely considered one of the greatest heavyweights of all time , will now face Chael Sonnen in the tournament's semi-finals. Official Result - Fedor Emelianenko Defeats Frank Mir by TKO (Punches) at 0:48 of Round One. As a Russian celebrity, Emelianenko has been photographed with Putin on several occasions. The TV show never s...

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  • Amazon Stock Breaks Out At Open After Obliterating Earnings Views
Amazon Stock Breaks Out At Open After Obliterating Earnings Views

King Luther Capital Mgmt accumulated 299,757 shares. Deutsche Bank AG reaffirmed a "buy" rating and issued a $900.00 target price on shares of Amazon .com in a research report on Sunday, July 10th. The 1-year high was reported on April, 28 by Barchart.com. Ar Asset Management Inc who had been investing in At&T Inc. for a number of months, seems to...

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  • Mobile to buy Sprint for $26 billion in an all-stock merger
Mobile to buy Sprint for $26 billion in an all-stock merger

Given their reception to the ongoing AT&T and Time Warner merger , the Trump Administration may take a very close look at this deal however. "The U.S.is behind China in being a leader on 5G". National carriers had not been able to get a deal through under President Barack Obama. Sprint's Claure likened going from 4G to 5G to switching from bla...

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  • Starbucks to close all stores for racial-bias education on May 29
Starbucks to close all stores for racial-bias education on May 29

But he added "If a business calls and they say that "Someone is here that I no longer wish to be in my business" (officers) now have a legal obligation to carry out their duties and they did just that ". Jim Kenney, the Mayor of Philadelphia , also acknowledged the the arrests. Shortly after his interview with Good Morning America , a Star...

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