Monthly Archives: July 2018

MLB trade notebook: Pirates add Archer

July 31, 2018 The Pittsburgh Pirates acquired right-hander Chris Archer from the Tampa Bay Rays before Tuesday’s non-waiver trade deadline. Pittsburgh sent outfielder Austin Meadows and right-hander Tyler Glasnow and a player to be named later to Tampa Bay. Archer, … Continue reading

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India’s central bank, in a tight spot, is expected to raise rates again

July 31, 2018 By Swati Bhat MUMBAI (Reuters) – The Reserve Bank of India is likely to raise interest rates on Wednesday while retaining a neutral policy stance as it aims to strike a balance between rising inflationary pressures and … Continue reading

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Greenlight’s bet against Tesla crashes fund’s second-quarter returns

July 31, 2018 By Svea Herbst-Bayliss BOSTON (Reuters) – Billionaire hedge fund manager David Einhorn told investors on Tuesday that a sharp rally in Tesla Inc shares, which he bet against, turned into heavy second-quarter losses at his Greenlight Capital … Continue reading

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Apple’s pricey iPhone X, subscriptions deliver earnings beat

July 31, 2018 By Stephen Nellis and Sonam Rai (Reuters) – Apple Inc sales led by the pricey iPhone X pushed quarterly results far beyond Wall Street targets on Tuesday, with subscriptions from App Store, Apple Music and iCloud services … Continue reading

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China’s Baidu tops profit estimates on ad sales growth

July 31, 2018 (Reuters) – Chinese internet search giant Baidu Inc on Tuesday topped Wall Street estimates for quarterly profit on the back of strong growth in its online advertisement business. Revenue for the segment rose 25 percent to 21.1 … Continue reading

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U.S. senior official says he flagged risks for children from border separations

July 31, 2018 By Yeganeh Torbati and Richard Cowan (Reuters) – A senior official at the U.S. agency charged with caring for migrant children believed separating them from their parents carried “significant risk” of harm and said on Tuesday concerns … Continue reading

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Capital gains tax cut idea puts pressure on Trump administration

July 31, 2018 By David Morgan WASHINGTON (Reuters) – The Trump administration came under pressure on Tuesday from both critics and allies over whether it should proceed with another tax cut for investors and do so without consulting the U.S. … Continue reading

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Pence vows to defend U.S. elections against foreign meddling

July 31, 2018 By Christopher Bing and Jim Finkle NEW YORK (Reuters) – U.S. Vice President Mike Pence vowed on Tuesday to protect domestic elections from foreign interference, hours after Facebook said it had identified a new effort to use … Continue reading

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U.S. Treasury extends time to divest from EN+, GAZ, Rusal

July 31, 2018 WASHINGTON (Reuters) – The U.S. Treasury Department said on Tuesday it had extended the deadline for investors to divest holdings in sanctioned Russian companies EN+ <ENPLq.L>, GAZ Group <GAZA.MM> and Rusal <0486.HK> to Oct. 23 from Aug. … Continue reading

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Sanofi has been stockpiling drugs for no-deal Brexit: WSJ

July 31, 2018 (Reuters) – French drugmaker Sanofi has been making drug-shortage contingency plans for more than a year to prepare for Britain and the European Union failing to reach a Brexit transition deal, the Wall Street Journal reported on … Continue reading

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