Markets
Reserve Bank presages cut
Prospects for growth in the global economy had diminished and significant downside risks remained, with growing financial market volatility following the UK Brexit vote, the Reserve Bank of New Zealand (RBNZ) said in an economic update. "A sharp correction in house prices is a key risk to the financial system, and there are clear signs that this risk is increasing across the country".
Covered California proposes 13 percent premium increase
Lee said almost 93 percent of consumers will have a choice of three or more insurance carriers, and everyone will have at least two choices. But people who lose their coverage during the year because they lose a job, get divorced, or move (among other eligibility criteria) are able to buy a plan through Covered California outside normal enrollment periods.
Delta Airlines flight lands at Air Force base by mistake
The 2013 incident involved a cargo flight that landed at a Wichita, Kan., airport instead of its intended destination of McConnell Air Force Base. The air base is about 10 miles north of the airport and their main runways are in virtually the same southeast-to-northwest direction.
Thousands flee as super typhoon barrels towards Taiwan
Typhoon Nepartak (named "Butchoy" in PH) was blowing gusts of up to 263 kilometres (163 miles) an hour, some 780 kilometres southeast of Taiwan's Hualien city at 0900 GMT, the island's Central Weather Bureau said. On July 5 at 0359 UTC (11:59 p.m. EDT) infrared data from NASA's Aqua satellite detected strong thunderstorms completely surrounding the center (purple) of Nepartak.
India preparing projects worth USD 2-3bn for funding by AIIB
It announced on Friday that it had approved its first four loans totalling over half a billion United States dollars. "Next year's annual meeting hosted by Korea will serve as an occasion to let the worldwide community know that the bank has grown into a well-established global multilateral development bank", Yoo said in a separate speech.
Democrats end 25-hour plus protest to demand House gun votes
The defiant Democrats blended civil rights era nonviolent resistance with modern social media to amplify their cause and used their cell phones to get their message out even after the Republicans cut off the TV cameras recording the unfolding drama on the chamber floor.
Solar Plane Takes 10 Times Longer To Cross Atlantic Than Conventional Jet
Solar Impulse began its epic journey from Abu Dhabi in March 2015, with stops including Oman, India, China and Japan. That record-breaking flight damaged the plane's battery. The transatlantic leg of the journey saw Solar Impulse 2 average 59 miles per hour, a higher speed over the water than previous legs, with a maximum altitude of 28,000 feet, the team reported.
Tencent to buy Finnish game-maker Supercell
Game on . China's largest gaming group, Tencent , has purchased a majority stake in Finnish game developer Supercell for $8.6 billion. Tencent has stated that Supercell's current management would retain operational independence to continue developing published titles as they see fit.
Striking Verizon workers to return Wednesday; deal inked
Striking union workers have claimed victory in their job action against Verizon, which led to a tentative settlement. However, IBEW President Lonnie Stephenson in a Friday statement said his union's workers "look forward to returning to work serving their customers, working under a strong pro-worker and pro-jobs contract".
Verizon, striking unions agree to tentative four-year labor deal
FILE - In this April 13, 2016 file photo, Verizon workers picket outside one of the company's facilities in Boston. About 39,000 Verizon Communications Inc. On Thursday, the DE judge declined the carrier's request to hold two union locals in contempt after protesters damaged the vehicles of non-union replacement workers on Interstate 95.
GSK Pharma's Q4 net profit at Rs.106 cr
Shares of the company were trading at Rs 93.75 apiece, up by 5.28 per cent in the afternoon trade on BSE. Tech Mahindra has registered a growth of 93.37% in its net profit after special adjustments at Rs 829.54 crore for the quarter ended March 31, 2016 as compared to Rs 429.00 crore for the same quarter in the previous year.
A rising housing market lifts builders, home goods retailers
New-home sales, which account for about 10% of the residential market, are tabulated when contracts are signed. It also added to retail sales and industrial production reports in suggesting that the economy was gathering speed after growth nearly stalled in the first quarter.
WWE Extreme Rules 2016 results: Card, matches, predictions, how to watch
Whether or not he is a heel or face is the last of fans concerns, though, and the WWE Universe will be watching with even more intent during tonight's show now that Rollins could return. Rusev: Do you really care? Let's look at what WWE could have in store on one of their most challenging Raw episodes of 2016 yet... Both Charlotte and The New Day have been champs since last summer.
Herbalife In Advanced Talks To Resolve FTC Probe
In its quarterly regulatory filing, the company said there could be a range of outcomes including "the filing by the FTC of a contested civil complaint and further discussions leading to a settlement which would likely include a monetary payment and injunctive and other relief".