Business


Pound dives on fears UK election may produce no clear winner

Gilt yields have fallen from above 1.2 per cent since the first week of May, as investors bought safer assets in the face of May's poll falls. FTSE 100 companies, mainly made up of massive multinationals, benefit from weaker sterling as earnings in other currencies become relatively more valuable.



Donald Trump lawyer criticizes James Comey's leak to news media

But in saying that the new special counsel, Robert Mueller, would address that question in his investigation of Russian meddling in the 2016 USA election, Comey laid down a road map for how one could conclude that Trump had obstructed justice.



Even before new political chaos, British economy was limping

In this context, there will be reduced confidence that stronger growth in the manufacturing sector will be able to offset an expected slowdown in the consumer sector. Economists polled by Reuters had expected it would shrink by less to £12.0 billion. The trade deficit in goods also narrowed, the ONS said, but this was driven largely by falling imports, particularly those of mechanical machinery, cars and oil.



Analysts are on the Bearish side about Newfield Exploration Co

It has outperformed by 16.06% the S&P500. Newfield Exploration Company disclosed in a document filed with the US Securities and Exchange Commission (SEC) that President and CEO Boothby Lee K has sold 9,000 shares of Newfield Exploration Company ( NFX ) in trading session dated Jun.


Gilead Sciences, Inc. (GILD) Stake Decreased by Nisa Investment Advisors LLC

Gilead Sciences, Inc. (GILD) Stake Decreased by Nisa Investment Advisors LLC

Net 1 Ueps Technologies Inc now has $563.44M valuation. Its share price has risen 4.47% in three months and is up 0.48% for the last five trades. Piedmont Investment Advisors LLC now holds 282,454 shares valued at $19,184,000. (NASDAQ:GILD). 167,330 were accumulated by Norinchukin State Bank The. They expect $1.45 EPS, down 30.95% or $0.65 from last year's $2.1 per share. GILD's profit will be $2.76B for 7.53 P/E if the $2.13 EPS becomes a reality.


Southwest monsoon arrives in Goa

Southwest monsoon arrives in Goa

Meanwhile, Incessant rain witnessed in Sindudurg district of Konkan while heavy pre monsoon rainfall disrupted normal life in Nandurbar district this afternoon. "The southwest monsoon is expected to reach Maharashtra tomorrow or the day after tomorrow". The southwest monsoon arrived in Goa on Thursday, two days behind schedule, but within the Altinho meteorological department's forecast of three to four days.