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Dollar moves above ¥109.50 before Fed speech

The major currencies were relatively range bound on Thursday with investors in a cautious mood ahead of today's highly anticipated Jackson Hole symposium in Wyoming. It gained 1.7 per cent, or 0.2 cent, to finish at 11.8 cents. The pound also eased, falling 0.20% to trade at 1.2797. Meanwhile, a pending speech from European Central Bank president Mario Draghi helped support the eurozone currency , leaving sterling trading near fresh eight-year lows of 1.084 versus the euro . Read More »

Whole Foods prices are about to fall

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In addition, Amazon Prime will have a new secondary objective: a rewards program for Whole Foods products, meaning even more savings. Whole Foods, meanwhile, had been under intense shareholder pressure to improve results and retain customers who have more choices about where to get natural foods. Read More »

Global stocks edge higher ahead of key Jackson Hole events

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ANALYST TAKE: "The Jackson Hole Symposium is widely regarded as one of the most notable annual events, not only because of the speakers it attracts but also because it has been used as a platform to warn of upcoming policy announcements", said Craig Erlam, senior market analyst at OANDA. Read More »

US Treasurys flat as Jackson Hole meeting takes center stage

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We were told by unnamed sources from the European Central Bank (ECB), that Mr Draghi will not be laying down the groundwork for the tapering of the stimulus package. Eastern, even though investors expect the two central bank heads to be rather tight lipped on any new policy speak. FamilyMart UNY Holdings Co Ltd jumped as much as 6.7 percent, while Don Quijote Holdings surged 3.4 percent after saying it plans to buy a 40 percent stake in UNY Co., an unlisted business of FamilyMart UNY. Read More »

What A Tech Leader's Corruption Conviction Means For Samsung And South Korea

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Lee was also convicted of embezzlement, hiding assets overseas and perjury. "I think the court gave him a lighter sentence, taking into account Samsung's importance to the economy". "Samsung Electronics represents South Korea as a global company so we are deeply anxious about the fallout from his long absence", said a Korea Employers Federation spokesman. Read More »

Right to Privacy verdict could overrule beef ban

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Aadhaar system operates on the principle of Minimum Information, Maximum Use. "Today we can once again celebrate our freedom". Advising opposition to read the judgement copy before commenting on the issue, he said , "Since morning Congress is targeting us and Left has also joined them". Read More »

World markets peering into Jackson Hole

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Crude Oil prices have ticked higher overnight ahead of the landfall of USA hurricane Harvey, however both Brent and U.S. benchmarks are yet to return to yesterday's highs. WTI Oil was up 0.27 percent to $47.73, back at the same level where the price has consolidated in recent days. The benchmark JSE Top40 index rose 0.74% to 50101.48 points, a record high, while the all share index ended 0.76% higher at 56588.99 points, also a record high. Read More »

Boston Mayor thanks counterprotesters for coming to city

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Authorities prepare for the events, knowing the real potential for danger as several injuries and one death were reported from Virginia last weekend when a neo-Nazi rammed a auto into crowds of peaceful demonstrators. One man held a sign that read: "Stop pretending your racism is patriotism", while another woman's sign read: "Muslims welcome, racists out". Protesters threw bottles, urine and rocks at police officers in the late afternoon, according to police. Read More »

Hurricane Harvey: Is the Federal Governement ready?

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Right now, it is important for Texans in the path of this storm to understand - irrespective of where the storm makes landfall - Harvey's footprint will be enormous due to its long duration. She downplayed concerns about preparedness, given that there is no permanent Homeland Security secretary, and said the White House is in "great shape", given that chief of staff John Kelly was previously in charge of the office. Read More »

View from London: Looking for Signs from Yellen, Draghi at Jackson Hole

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But perhaps the shocker was the much stronger than expected United States retail sales data which showed that sales increased month-on-month to 0.6 per cent, up from an expected 0.4 per cent. The Stoxx Europe 600 index was up 0.2% at 374.70, party recouping a 0.5% loss from Wednesday. However, the 0.80 level above is a massive barrier to overcome, and it will probably need some type of dovish statement coming out of Janet Yellen to push the markets higher. Read More »

First look at SpaceX's forthcoming futuristic spacesuit

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The spacesuit will be worn by astronauts during transportation in SpaceX Dragon Capsules launched from Earth to the International Space Station , according to The Verge . SpaceX plans to begin using the suits for the Dragon's first crew next year, Geekwire reported . It appears that Musk himself has been placed inside the suit design as a model. Read More »

Hong Kong braces for Tyhoon Hato

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More than 4,000 fish farmers and their families returned to shore and all fishing boats returned to the harbour. Hong Kong suffers regular tropical storms from July to October, though storms that make landfall are rare. Metre-high waves were seen crashing into shorelines, resulting in knee-deep flooding in some areas. Around 6 people are reported to have been killed in the devastation caused by Typhoon Hato . Read More »

SC quashes Triple Talaq; calls it unconstitutional, against Quran

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I appeal to the people to not politicise this issue and accept the Supreme Court's verdict on triple talaq ", she told reporters outside the court. For many women, it was a case of flagrant discrimination. India's largest Islamic body, the All India Muslim Personal Law Board, said its legal committee would study the ruling. One just as reasoned that this instant form of ending a marriage foreclosed something that Islam promotes, a chance of reconciliation between a man and wife. Read More »

Barcelona terror suspect fatally shot by police

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Abouyaaqoub was carrying a fake explosive belt, a spokeswoman for the police said by phone. An employee at a petrol station, along an empty stretch of road between the towns of Subirats and Sant Sadurni d'Anoi, spotted a man resembling Abouyaaqoub and called the police. Read More »

Terror Threat Alert Remains High in Barcelona

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Police said Sunday that they have linked three vans, a car and a motorcycle to the main fugitive in the attacks. Three of the group remain unaccounted for by police, but it is believed two of those were killed in an explosion on Wednesday at the house in Alcanar where the terror plot was hatched. Read More »

Board under pressure after Sikka's exit

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Mr. Sikka's renunciation declaration came hours after the distribution of a private email from Mr. Murthy in which he charged that few board individuals needed trust in Mr. The company announced he was resigning as chief executive and managing director with immediate effect, but would stay on as executive vice chairman. "We have achieved much in the last 3+ years [during Sikka's time as CEO], and for sure we can all be proud of the powerful seeds of transformation that have already been ... Read More »

Dollar index steady; Jackson Hole meeting in focus

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Fed . Shares of Ruby Tuesday (RT) are also seeing pre-market trading after the restaurant chain reported fourth quarter results and announced a plan address its sales and operational challenges and improve profitability. "But it's certainly helping the mining sector, which has been beleaguered for quite some time". Against the yen, the dollar edged up 0.2 percent to 109.13, having edged up from Monday's intraday low near 108.63 yen.The euro held steady at $1.1815, consolidating after ... Read More »

Euro Falls Ahead of Jackson Hole Symposium

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However, despite a less positive reading, inflation combined with lethargic wage growth, is still squeezing households. On the downside, 1.46 is likely seen as the next support level for the euro . London's blue chip index was down 0.3% at around 7,302.08 points in morning trading, while the French Cac and German Dax fell 0.5% and 0.4%, respectively. Read More »

Terror cell was planning more attacks — Spanish police

A suspect is arrested by police in Ripoll, north of the Spanish city of Barcelona , on August 18, 2017 in connection with twin terrorist attacks in Catalonia. The driver eventually abandoned the car and ran, police said. Swiss newspaper Tages-Anzeiger said Swiss police confirmed that at least one of the Barcelona suspects had been in Zurich in December 2016, although it said it was not yet possible to say if the suspects had any connections to Switzerland. Read More »

Panneerselvam predicts AIADMK factions merger in a day or two

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CM E Palanisamy and O Panneerselvam pay tributes to former CM Jayalalithaa's at her Marina Beach memorial. After the grand AIADMK merger, it was a triumphant Ghar Wapsi for OPS , who spraked the rift on February 7 by revolting against V K Sasikala's attempt to usurp the CM's post after unseating him. Read More »

Morata and Bakayoko earn first Premier League starts for Tottenham clash

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One advantage of this formation is that Conte can throw both his forwards - Alvaro Morata and Michy Batshuayi onto the pitch. Wembley just does not feel like Wembley when it is hosting Premier League football. Tottenham Hotspur will face Chelsea at Wembley in the Premier League this weekend. Blues manager Antonio Conte had brought about a revolution in football, reaping the rewards of the three-at-the-back system at Juventus and Italy. Read More »

Keep Your Pets SAFE During The Solar Eclipse

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But numerous areas throughout OR will experience darkness as the eclipse carves its swath across the state. When the final bits of sunlight shining between peaks along the moon's edge wink out, it finally happens. Clouds and storms will be most likely along the coast (looking at you, Charleston) and in the elevation of the Appalachian Mountains. Museum educators and NASA representatives will guide the public through the solar event from the museum lawn between 9:30 and 10:30 a.m. Read More »

Tips for drivers on the road during the eclipse

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Laura Danly, of Griffith Observatory. It is very unusual that the moon and the sun just happen to be at the right distances and sizes to appear to have the same size in our sky. You can also visit Space.com for a live solar eclipse webcast , courtesy of NASA , beginning at 12 p.m. EDT (1600 GMT). On Monday, we'll have a dawn at the usual time, a dusk at midday, a dawn at midday, and a dusk at the usual time. Read More »

Spain attacks could have been bigger, police say

Tamara Jurgen, a visitor from the Netherlands, said she and a friend were inside a clothing store steps from the scene and were kept inside until it was safe to leave. The page also says he is in a relationship. Four of the dead men were identified earlier. Asked where he would never want to live, he replied: "The Vatican". Read More »

Spain says cell behind Catalan attacks dismantled, police seek van driver

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Es Satty's flatmate in Ripoll reportedly saw the cleric earlier this week. "The last time I saw him was Tuesday and he told me that he was going to see his wife in Morocco", he told the AFP news agency. But little did those moseying along the walkway realise the gory fate that was to await them. Crouching in front of the child she tenderly placed her forehead against the child's head as she comforted her. Read More »

Islamic State claims attacks in Spain, Russia

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Bruno Gulotta, 35, was on vacation in Barcelona with his partner Martina and two children, 5-year-old Alessandro and daughter Aria, who is a few months old. ISIS has claimed responsibility for the Barcelona attack . On Thursday afternoon, one of the attackers arrived at a branch of Telefurgo, a auto rental firm, about 24km north of Barcelona , where he used the identity documents of Driss to hire a white Fiat Talento, the company told Spanish journalists. Read More »

Trump continues racist actions by blasting Black CEO for opposing White hatred

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After neo-Nazis and white supremacists brawled with counter-protesters Charlottesville , Va., on Saturday, Trump spoke against violence "on many sides - on many sides". Trump , who has been at his New Jersey golf club on a working vacation, was set to make a one-day return to Washington on Monday to sign an executive action on China's trade practices. Read More »

Some Worry Trump's Charlottesville Comments Could Hurt Tax Reform

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President Donald Trump has changed his mind about a planned Advisory Council on Infrastructure, the White House said in a statement Thursday. But if Cohn, who is widely respected on Wall Street and in Washington, departs even before the battle to cut taxes has been joined, how confident will Wall Street be? And the White House Thursday said Trump also has abandoned plans to form an advisory council on infrastructure. Read More »

Three CEOs outraged after Charlottesville quit Trump council

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Trump - who was expected to address the issue during a day trip to Washington - has taken heat from Democrats and Republicans alike for his response to Saturday's violence in Charlottesville . Trump's inaction prompted Merck CEO Ken Frazier to step down from the president's council on manufacturing. Merck's stock was up around half a percent in mid-morning trading, better than Pfizer and Johnson & Johnson. Read More »

Hate Speech - How Responsible Are Tech Companies?

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This time around, Silicon Valley needs to choose what to put first . "Social networking apps need to demonstrate a sufficient level of moderation, including for content that encourages violence and advocates hate against groups of people", a Google spokesperson told AFP. Read More »

Three US law firms to investigate alleged 'securities fraud' in Infosys

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Vishal Sikka has resigned as the CEO of India-based outsourcing and information technology company Infosys, amid growing acrimony between the company's board and its founders. ■ Ravi Venkatesan: "The management is highly distressed by the continuing allegations against Sikka and Board members", PTI quoted the Infosys co-chairman. Read More »