• Infosys denies promoter stake sale plans
Infosys denies promoter stake sale plans

Narayana Murthy was particularly upset with the huge severance package offered to Infosys Former CFO Rajiv Bansal. The report added that the stake sale was supposed to be done through block deals at stock market as selling the shares in one go will impact their prices.

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  • Royal Mail PLC 9.3% Potential Decrease Indicated by Liberum Capital
Royal Mail PLC 9.3% Potential Decrease Indicated by Liberum Capital

Prince Street Capital Management Llc increased Yandex N V (YNDX) stake by 35.62% reported in 2016Q4 SEC filing. The stock's market capitalization is 724.90M, it has a 52-week low of 299.50 and a 52-week high of 411.20. The shares were purchased at an average price of GBX 525 ($6.74) per share, with a total value of £37,275 ($47,880.54). The stock o...

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  • IOC pushes plan to award 2024, 2028 Olympics to LA, Paris
IOC pushes plan to award 2024, 2028 Olympics to LA, Paris

The unusual proposal, which would have one city getting 2024 and the other getting 2028, must still be approved by membership at a mid-July vote. "The city would get the right to host the Olympic Games without the risk of a defeat in an election procedure".

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  • Cowen and Company Reiterates Outperform Rating for Nordstrom, Inc. (JWN)
Cowen and Company Reiterates Outperform Rating for Nordstrom, Inc. (JWN)

Other analysts have also issued research reports about the company. Finally, Royal Bank of Canada reduced their target price on shares of Nordstrom from $50.00 to $47.00 and set an outperform rating for the company in a report on Monday, February 27th.

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  • Qatar says it won't 'surrender' in Gulf row
Qatar says it won't 'surrender' in Gulf row

Turkey has also pledged to provide food and water supplies to its Arab ally, which hosts a Turkish military base. Tiny Qatar has played an outsized role as a sponsor of factions in wars and revolutions across the Middle East under its 37-year-old ruler, Tamim bin Hamad Al Thani, and his father Hamad who stepped down in 2013 after 18 years in po...

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  • 'Happy St. Comey's Day': Late night jokes about James Comey's testimony
'Happy St. Comey's Day': Late night jokes about James Comey's testimony

Donald Trump Jr., the president's eldest son, live tweeted throughout Comey's testimony, taking the ex-FBI director to task for his version of what the president told him. "I mean, this is the president of the United States , with me alone, saying, "I hope" this", he said. "I asked him to, because I thought that might prompt the appointment o...

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  • Apple Announces macOS Sierra High
Apple Announces macOS Sierra High

The latter uses machine learning to identify and remove advertising trackers to stop it from rendering more ads when users search for a particular keyword. MacOS also has support for HEVC as the default video container, which will replace H.264. It's possible that the groundwork laid down by Apple and Valve's work, especially relating to the...

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  • US House passes bill gutting crisis-era banking regulations
US House passes bill gutting crisis-era banking regulations

Nonetheless, it opens the door to rescinding or revamping numerous financial industry regulations instituted in the wake of the 2008-2009 financial crisis. "With Dodd-Frank, Democrats enacted the strongest Wall Street consumer protections in history, critical reforms to protect hard-working Americans and to insist on accountability from Wall S...

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  • LeBron not faulting Warriors for building super team
LeBron not faulting Warriors for building super team

The quality of the opposition the Lakers faced throughout the Western Conference Playoffs was extraordinary - the Lakers had to sweep aside the Trail Blazers, Kings and Spurs on their way to the second of three straight titles. In the absence of any real weakness, a hope lingered around the league that the ease of Golden State's run might event...

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  • Greece signs convention to prevent tax avoidance and double taxation
Greece signs convention to prevent tax avoidance and double taxation

India today signed the OECD multilateral convention that aims to check cross-border tax evasion by multinational companies. The avenues include mandatory binding arbitration, which is hoped to reduce double taxation and increase tax certainty.

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  • Trump aides tell him to keep Sessions as attorney general
Trump aides tell him to keep Sessions as attorney general

Still, the White House remained mum on the topic of Trump's confidence in his attorney general for two days, even as reports swirled about ongoing tensions between the two and reports that Sessions recently offered to resign - lending credence to reports of lingering tensions.

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  • US House passes bill to roll back financial regulations
US House passes bill to roll back financial regulations

Senate Banking Committee Chairman Mike Crapo (R-Idaho), told Bloomberg that he has plans for his own blow to Dodd-Frank, which will include input from Democrats and the White House . And it would require an annual audit of the Fed. The Congressional Budget Office said recently that the CHOICE Act would reduce federal deficits by $24.1 billion...

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  • Oil Halts Advance on Signs of Surging US Gasoline Stockpiles
Oil Halts Advance on Signs of Surging US Gasoline Stockpiles

The oil price has slipped below $50 a barrel despite a pledge by the world's largest exporters to extend an existing output cut of 1.8 million barrels per day (bpd) into next year in an effort to reduce bulging global inventories. API also reported gasoline supplies increased by 4.1 million barrels and distillate inventories increased by 1.8 millio...

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  • Djokovic loses to Theim at French Open
Djokovic loses to Theim at French Open

But he could not turn the tide and Djokovic moves through to a much-anticipated quarter-final clash with sixth seed Dominic Thiem . Rafael Nadal and Novak Djokovic might be cold during their French Open quarterfinals . "Now I beat Novak". Murray eliminated No. 8 Kei Nishikori 2-6, 6-1, 7-6 (0), 6-1 on Wednesday, while No. 3 Wawrinka won...

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  • Pakistan can have respectable finishing in ICC Champions Trophy: Misbah
Pakistan can have respectable finishing in ICC Champions Trophy: Misbah

The one highlight in the field for South Africa was the form of the towering quick bowler Morkel, who took two wickets in four balls on his way to three for 18 in seven overs. Otherwise, South Africa is comfortable with their same playing XI, who brought an easy win over Sri Lanka. "We had rain the other day, so actually we do nothing".

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  • Trump's approval rating dips to 34%
Trump's approval rating dips to 34%

Only 27 percent felt that James Comey's dismissal will bring good to the nation; whereas, a majority of respondent - 56 percent - still believes that Donald Trump has tried to interfere with the Russian Federation probe Comes was supervising prior to his firing from his post.

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  • Turkey debates military support for Qatar
Turkey debates military support for Qatar

Trump's new tone echoed that of his secretaries of Defense and State, who emphasized Tuesday the need for Gulf unity and the importance of the USA partnership with Qatar, home to the Al Udeid Air Base, the main regional center for air missions against ISIS.

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  • Riders and readers get free books to download from Subway Library
Riders and readers get free books to download from Subway Library

Transit Wireless , the private technology company which installed cell and WiFi service at all underground stations at no cost to the MTA , is working on the project with the transit agency and The New York Public Library , The Brooklyn Public Library and The Queens Library.

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  • Delcath Systems, Inc. (DCTH)
Delcath Systems, Inc. (DCTH)

In general, more thrust is placed on most recent actions by assigning higher weights to it than those assigned to past movements. This means that the price of the security can change dramatically over a short time period in either direction.

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  • Theresa May's Conservatives poised to lose majority in United Kingdom election
Theresa May's Conservatives poised to lose majority in United Kingdom election

It would take a rainbow coalition for Mr Corbyn to be in No 10 by 1 July, the cut off date with most bookies, assuming results mirror the poll. There will be a sense of urgency to the coalition talks to form a new British government because the Brexit clock is ticking: formal negotiations between the British government and the European Union ar...

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  • Oil rebounds but ends week lower as OPEC cuts disappoint
Oil rebounds but ends week lower as OPEC cuts disappoint

OPEC and non-OPEC countries agreed on May 25 in Vienna to prolong the oil cut deal until April 2018. This is surely an effort in the right direction in order to remove the bloated inventories from the market. Russia , the largest contributor to the agreement that's not a member of OPEC , and Saudi Arabia last week proposed extending the dea...

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  • Oil prices plunge to one-month low after United States stocks rise
Oil prices plunge to one-month low after United States stocks rise

The revision is another sign that USA drillers are taking full advantage of higher oil prices buoyed by OPEC 's deal with crude exporters to limit production in a bid to shrink a global oversupply. OPEC announced the cut in December 2016. "This is the high demand season in the USA and the market is expecting to see inventories decline", sai...

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  • Australian energy review calls for fuel-neutral clean energy target
Australian energy review calls for fuel-neutral clean energy target

O'Malley says it is critical for Australia to grasp the opportunities presented from chief scientist Alan Finkel's report , pursuing an appropriate and challenging emissions target. That's why major worldwide bodies from the Intergovernmental Panel on Climate Change to the worldwide Energy Agency model swifter falls in energy sector emissions th...

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  • SoftBank buys robotics maker Boston Dynamics from Google's Alphabet
SoftBank buys robotics maker Boston Dynamics from Google's Alphabet

It wasn't clear whether Boston Dynamics would remain within SoftBank, a Tokyo-based telecommunications and tech investment company, or become part of the Vision Fund, the $93 billion technology investment fund started by SoftBank's founder, Masayoshi Son .

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  • House votes to weaken Obama-era bank crackdown law
House votes to weaken Obama-era bank crackdown law

It stands for economic growth for all, but bank bailouts for none. We will replace bailouts with bankruptcy . "We will replace economic stagnation with a growing, healthy economy". The CHOICE act faces nearly no chance of passage in the Senate, CNBC reported . Mr Merski, the lobbyist for smaller community banks, said he thinks there is support ...

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  • Tamil Nadu: 15-year-old girl gangraped in bus, 4 suspects nabbed
Tamil Nadu: 15-year-old girl gangraped in bus, 4 suspects nabbed

She remained on the bus for six to seven hours as it made few outings from Salem to Omalur around 20 kilometres away and back. After this, Perumal and bus drivers, Manivannan, (33) and Murugan, (35), began misbehaving with her and raped her.

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  • Comey says Trump fired him to undermine FBI Russia investigation
Comey says Trump fired him to undermine FBI Russia investigation

He prefaced several answers with, "I could be wrong", a disclaimer that carries particular power in a town where it's seldom heard. Comey said he had hoped the leak would prompt the appointment of a special counsel, which later occurred.

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  • Two Australians confirmed dead in London Bridge terror attack
Two Australians confirmed dead in London Bridge terror attack

Among those killed was South Australian woman Kirsty Boden , 28, who had been working as a nurse in London . 'As she ran towards danger, in an effort to help people on the bridge, Kirsty sadly lost her life, ' they said. Her mother, Julie Wallace , who had flown to London to find her daughter, confirmed the news in a post to her daughter's ...

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  • Encana Corp (ECA) Receives Media Impact Rating of 0.10
Encana Corp (ECA) Receives Media Impact Rating of 0.10

The Company's activities also include the marketing of natural gas, oil and NGLs. The company generates revenue of $310.30 Million and has a net income of $57.80 Million, for the trailing twelve months. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them. Vanguard Group Inc. raised its sta...

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  • Trump In Cincinnati: 'Time To Rebuild Our Country'
Trump In Cincinnati: 'Time To Rebuild Our Country'

He alluded to his decision last week to withdraw the United States from the Paris climate accord, boasting that "we will never let outside forces tell us what to do and how to do it". US inland waterways are critical routes for transporting agricultural products, but officials say they've grown old and run-down. The president's plan calls for $20...

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  • Telangana youth shot, critically injured in California
Telangana youth shot, critically injured in California

On Sunday night, some miscreants barged into the store as customers, provoked Mubeen into an argument and fired at him indiscriminately. He got a shot in his abdomen and is now undergoing treatment at Eden Medical Care Centre, Castro Valley.

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  • Qatar Diplomatic Crisis Continues To Reverberate Across Middle East
Qatar Diplomatic Crisis Continues To Reverberate Across Middle East

Qatar has nonetheless forged regional alliances independently of its fellow Gulf Cooperation Council states, drawing accusation by Saudi Arabia and its allies of serving Iranian interests. A Hamas official says Saudi Arabia's call to Qatar to cut ties with the Palestinian group is "regrettable" and contradicts traditional Arab support for the Pales...

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  • China factory-gate inflation continues to ease
China factory-gate inflation continues to ease

Inflation was well below the government's target of around 3% for the whole year of 2017. Regulatory efforts to contain financial leverage may also weigh on property and infrastructure investment in the second half of the year, denting a crucial pillar for raw material demand.

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  • House GOP backs bill to undo much of Dodd-Frank
House GOP backs bill to undo much of Dodd-Frank

But the design of the CFPB's leadership and financing, while unusually strong, is not unique among government agencies. One of the biggest pieces of legislation enacted during the two terms of President Barack Obama , Dodd-Frank was created to prevent the type of practices that led to the 2008 financial crisis and the recession it caused ...

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  • Shell lifts force majeure on Nigeria's Forcados oil - spokeswoman
Shell lifts force majeure on Nigeria's Forcados oil - spokeswoman

U.S. crude futures fell 4.3 per cent, or $2.04 a barrel, to $46.16 a barrel, its lowest level since May 9. On Wednesday, prices fell five percent after data showed USA inventories of crude oil and gasoline surprisingly rose last week as refinery runs declined and exports fell.

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