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1 Article
Source: Common Domain

Asian markets mostly rise after reassuring earnings on Wall Street

Today 07:01 GMT

Asian stocks were mostly higher on Thursday as positive U.S. earnings reports reassured investors that the world’s largest economy was on track.

Earlier, strong quarterly earnings by big companies like IBM IBM, +8.46%  , Proctor & Gamble PG, +4.87%   and United Technologies UTX, +5.38%   helped most U.S. indexes finish Wednesday with slight gains. South Korean chip maker SK Hynix 000660, +4.79%   jumped despite reporting disappointing earnings.

1 Article
Source: BBC

Sale of Grenfell cladding firm collapses

Today 05:10 GMT

Arconic, formally known as Alcoa, supplied one component of the cladding for Grenfell Tower, despite tests as early as 2014 showing that it had failed safety tests.

In June 2017 the firm said it would stop selling the cladding for use in high-rise buildings, blaming the "inconsistency of building codes across the world". However, the company has said it did share the rating with "various customers and certification authorities".

1 Article
Source: The Guradian

Kevin-Prince Boateng confirms surprise move to Barcelona from Sassuolo

Tuesday 05:09 GMT

Kevin-Prince Boateng has confirmed he is joining Barcelona in a shock move from Italian side Sassuolo, with the former Portsmouth and Tottenham forward’s representatives having agreed terms over an initial loan move.

Boateng is expected to fly to Barcelona on Monday to complete his move, which is expected to include an option for Barcelona to purchase him for €8m (£7.05m) at the end of the season.

1 Article
Source: Common Domain

CFOs Uncover Surprise Savings as They Implement New Lease-Accounting Rules

Wednesday 10:50 GMT

Companies listed in the U.S. and Europe this year must report lease obligations on their balance sheets to comply with the new rules, which aim to increase transparency for investors and lenders.

“Now that companies have their lease information in one place, they might be able to manage these contracts more efficiently and find cost savings,” said Michael Keeler, chief executive of LeaseAccelerator Inc., which sells software to help companies comply with the new standard.

1 Article
Source: The Guradian

Russian pop star linked to Trump Tower meeting cancels US tour

Wednesday 14:30 GMT

An Azerbaijani-Russian pop star linked to the infamous Trump Tower meeting between aides to Donald Trump and a Kremlin-linked lawyer has cancelled a US tour, due to fears he could subpoenaed and questioned over Russian election interference.

Agalarov allegedly helped organize the June 2016 meeting between Donald Trump Jr, Paul Manafort, Jared Kushner and several Russians, under the premise of offering damaging information on Hillary Clinton.

1 Article
Source: Fox News

TSA employee callouts rise as partial shutdown enters another week

Monday 15:25 GMT

TSA employees are among the 420,000 essential federal workers who are still working, despite not receiving a paycheck due to the shutdown.

The agency implemented a contingency plan at Baltimore Washington International Airport on Saturday due to “excessive callouts,” it said, closing a checkpoint until further notice. The TSA was created in November 2001, in the wake of the Sept. 11 attacks, when former President George W. Bush signed into law the Aviation and Transportation Security Act.

1 Article
Source: The Guradian

Greenland's ice melting faster than scientists previously thought – study

Tuesday 20:00 GMT

Greenland is melting faster than scientists previously thought, with the pace of ice loss increasing four-fold since 2003, new research has found.

Alley added that while there are uncertainties over future sea level rise “if the big ice sheets change more rapidly than expected, they could drive faster or much faster rise than expected”.


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