Officials from 24 African countries met in Cameroon last month and called for China to stop illegal fishing off the West African coast. In some areas, Chinese fishermen have pushed their local counterparts back to shore, depriving them of their jobs and livelihoods. Former fisherman Bisso Frederick, 32, now sells sandwiches in the Cameroonian town […]
* Emerging market stocks lowest since mid-2009 (Updates with U.S. market, changes comment, dateline from previous LONDON) read more >>> Source : Reuters
Stocks dug into significant early losses in rising trade Wednesday. The Dow Jones industrial average dropped 1.3%. The S&P 500 fell 1.2% and the Nasdaq lopped off 1.1% in early action. Volume rose, up about 15% on both the Nasdaq and the NYSE, relative to trade at the same time Tuesday. The stock market today […]
Billionaire Albert Gubay, who once made a “pact with God” to leave his fortune to the church and other charities dies at his home in Cheshire, aged 87. read more >>> Source : BBC
There is an apocryphal anecdote about a chief executive of a European bank and a trip to the trading floor that pretty much sums up what has happened to Wall Street staffing since the financial crisis. The story goes like this: The bank had just cut a bunch of traders, and the CEO happened to […]
Dr. Corvin Codirla, Founding Partner of CCFX, and Trading Educator at FXMasterCourse, explained the meaning of ‘scalping’, when he joined Zak Mir on the Tip TV Finance Show. read more >>> Source : ForexCrunch.Com
Many employers have made social network checks a standard part of the talent acquisition process. A 2015 Harris poll revealed that fifty-two percent of employers use social networking sites to screen job candidates during the hiring process. These social network checks have become almost as common as reference checks and criminal background checks. Ever wondered […]
It appears Chinese mobile maker Huawei Technologies isn’t only a favorite in its home market, but overseas as well. read more >>> Source : CNBC.Com
US oil and gas producers are getting squeezed. Maybe it’s time for the government to pump some money into the industry, says John Kilduff read more >>> Source : CNBC.Com
SeaWorld and California workplace regulators have reached a settlement over allegations that the park failed to train workers to safely interact with its killer whales. read more >>> Source : CTVNews.Ca
The ISM non-manufacturing index was expected to hit 56 in December, up from 55.9 the previous month. read more >>> Source : CNBC.Com
World stock markets mostly fell sharply Wednesday, with investors showing new fears about China’s weakening economy and North Korea’s claim to have tested a hydrogen bomb. Major U.S. stock indexes dropped more than 1 percent as trading opened in New York, while European markets were recording steeper losses in late-day transactions. Japanese and Hong Kong […]
WASHINGTON, Jan 6 (Reuters) – It will likely take several days for the intelligence community to evaluate the validity of North Korea’s claim that it tested a miniaturized hydrogen nuclear devices, the top Democrat on the U.S. House of Representatives Intelligence Committee said on Wednesday. read more >>> Source : Reuters
* Optimists say Shanghai stocks should have little global bearing read more >>> Source : Reuters
A new airline is set to take flight today from three Canadian airports, offering ultra-low fares out of Kelowna, B.C., Winnipeg, Hamilton and possibly more. read more >>> Source : CBC.Ca
The only way to truly stay ahead of a trend is to predict it. We’ve gotten ahead of the curve and outlined some of the hottest trends and styles you’ll see blowing up this year. From what we’ve seen on the street, on the runways, on the screen, and in the stores, here are 11 […]
Chipotle has been served with a federal subpoena as part of a criminal investigation tied to a norovirus outbreak at one of its restaurants in California. read more >>> Source : CTVNews.Ca
The US Non-Manufacturing PMI (services sector gauge) was expected to rise from 55.9 to 56 points, continuing to reflect solid growth in the largest sector. The US dollar was off the highs towards the release. Earlier this week, the manufacturing PMI came out below expectations and more importantly, deeper in contraction zone. Also the employment […]
Marjorie Adams is president/CEO of Fourlane, a firm that improves the efficiency of client accounting departments through bookkeeping, tax, software consulting and business process training. The firm specializes in showing customers that they can continue in higher level QuickBooks products as they grow. My childhood room was filled with trophies, plaques and photos of my […]
WASHINGTON, Jan 6 (Reuters) – The location and nature of seismic activity reported in North Korea is consistent with previous nuclear tests there, U.S. government sources said on Wednesday after North Korea said it successfully tested a hydrogen nuclear bomb. read more >>> Source : Reuters
At CES 2016, Segway demonstrated a hoverboard that turns into a robot. read more >>> Source : CNN Money
NEW YORK, Jan 6 (Reuters) – The dollar added to earlier gains on Wednesday against a basket of currencies as a private report showed U.S. companies added the most workers in a year in December,… read more >>> Source : Reuters
BRITAIN’s top stock market tumbled into the red again today amid fears over China’s economy and North Korea’s nuclear bomb testing. read more >>> Source : The Daily Express
Valeant Pharmaceuticals, the embattled Quebec-based drug giant, has named an interim CEO as J. Michael Pearson remains in hospital for severe pneumonia. read more >>> Source : CBC.Ca
Stock futures were down hard, shadowing losses in European markets, as investors reacted to a wave of early news. Dow futures tanked 267.7 points below fair market value. Nasdaq 100 futures dropped 81.7 points. S&P 500 futures crumbled 32.9 points. Small caps were hit hard, with Russell 2000 futures slumping 20.4 points. A complex news […]
The start of a two-day rail strike in Belgium has almost completely paralysed train services in and around the capital, Brussels. read more >>> Source : BBC
Bell Media and iHeartRadio are creating a partnership to share and deliver digital radio content to a wide range of devices such as smartphones, tablets, gaming consoles and automotive entertainment systems. read more >>> Source : CTVNews.Ca
Sales at Chipotle are falling off a cliff. In a filing with the SEC on Wednesday, the fast food chain disclosed that for the month of December same-store sales — or sales at locations open for at least a year — were down 30%. This decline in sales follows an outbreak of E. coli tied […]
One of Canada’s biggest lenders will be raising rates on several of its mortgages starting Friday. read more >>> Source : CBC.Ca
* NOC appeals for unity against common enemy (Adds fifth tank on fire, detail, NOC comment) read more >>> Source : Reuters
NYC – 8 pm (est) Tuesday, January 5th / Los Angeles, CA – 5 pm (pst), Tuesday, January 5th/ London, England – 1 am (gmt) Wednesday, January 6th/ Pyongyang, North Korea – 10 am (kst — Korean Standard Time) Wednesday, January 6th — The US geological Service reports a 5.1 magnitude earthquake 30.4 miles outside […]
ABUJA, Jan 6 (Reuters) – International Monetary Fund chief Christine Lagarde told Nigerian lawmakers on Wednesday the Fund does not support foreign exchange restrictions and that any such measures… read more >>> Source : Reuters
Starboard Value, an influential activist investing firm, said Yahoo needs new management to succeed and that the past three years under CEO Marissa Mayer have been a failure. read more >>> Source : CNN Money
After a brief overnight calmer, the rupee once again turned shaky against the dollar and closed at 66.82 – its lowest level in more than two-weeks – on the back of frantic demand. read more >>> Source : EconomicTimes.IndiaTimes.Com
Private companies created far more jobs than expected, a bright sign for an economy that has been struggling. read more >>> Source : CNBC.Com
HOPEFUL homebuyers are falling prey to heartless criminals who steal their deposits and leave them with nothing. read more >>> Source : The Daily Express
Great news from the US for a change: 257K private sector jobs were created in December, much better than expected. November’s figure was marginally revised to the downside at 211K. This is a powerful signal for Friday’s official NFP. The US dollar is making more gains across the board. EUR/USD had already made an attempt […]
It’s hard to spot an asset price bubble, especially if you’re in the midst of one. Usually, people find out they’re in a bubble only after it bursts. Goldman Sachs’ David Kostin offers this interesting stock market chart in a new note to clients. It’s a favorite of his. It shows the sector composition of […]
A record National Lottery jackpot of £50.4m is expected to prompt a surge in ticket sales, operator Camelot says. read more >>> Source : BBC
Wednesday’s lottery prize will be the largest since last February. read more >>> Source : CNBC.Com
One of Canada’s biggest lenders will be raising rates on several of its mortgages starting Friday. read more >>> Source : CTVNews.Ca
BASILDON, England, Jan 6 (Reuters) – British businessman Tony Brown is ready to pay in Chinese yuan for the cuddly toys and other funfair stall prizes he buys from a handful of Chinese factories. But… read more >>> Source : Reuters
USDJPY USDJPY finally fell to a new low after a nice corrective bounce up into wave iv) which found resistance near 119.70. Now we are tracking a new five wave decline from that swing high which is still underway, pushing the price lower within the red wave v) that can hit levels around 118.00 today. […]
The Reserve Bank of India today fixed the reference rate of the rupee at 66.7165 against the US dollar and 71.7002 for the euro. read more >>> Source : EconomicTimes.IndiaTimes.Com
Fashion retailers in the U.S. and Britain may have lost as much as $1 billion in sales due to the very mild winter weather. read more >>> Source : CNN Money