• Mondelez says it's ending talks to buy Hershey

    Mondelez says it's ending talks to buy Hershey

    The failure has highlighted the power Hershey's charitable trust wields in rebuffing unwanted interest. Hershey also indicated that the trust that controls the company, which has been in turmoil, would need to complete a reconstitution before there could be a deal-something unlikely to happen until next year, this person added.

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  • Eurozone Inflation Flat in August as ECB Meeting Looms

    Eurozone Inflation Flat in August as ECB Meeting Looms

    And with the U.K.'s decision to leave the European Union threatening to slow the eurozone's modest recovery further, the ECB has indicated it may have to provide yet more stimulus to meet its objective. The flash estimate of eurozone inflation for August will offer some clues on the challenges facing the region's central bankers as they return from their summer break.

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  • Trump heading to Mexico ahead of immigration speech

    He has also pledged to build a border wall - paid for by Mexico - and to establish a "border force" to deport 11 million illegal immigrants, if elected USA president on November 8. Trump confirmed on Twitter late Tuesday that he had accepted Nieto's invitation. Trump is expected to elaborate on his immigration plan in what is being billed as a major address Wednesday in Arizona - a border state with Mexico .

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  • Shell selling Gulf oil assets for $425 million

    Shell selling Gulf oil assets for $425 million

    Oil facilities pop up from the shallow continental shelf in the Gulf of Mexico. In a deal that included $425 million in cash, Royal Dutch Shell said it sold off its entire stake in assets held in the USA waters of the Gulf of Mexico. The sale, which is scheduled to be completed in October, is part of the company's efforts to divest $30bn worth of assets over the next three years in a bid to reduce its debt.

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  • Euro zone monthly economic sentiment falls more than expected

    Euro zone monthly economic sentiment falls more than expected

    Economic confidence in the eurozone declined last month as the latest official barometers of business sentiment showed a fall, with concerns over Brexit appearing to dampen morale. According to the ERC, the Services Confidence Indicator rose due to firms' more positive assessments of past business situation and demand, as well as because of more optimistic views regarding firms' turnover over the next three months.

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  • Dirigente olímpico sale bajo fianza tras arresto en Brasil

    Dirigente olímpico sale bajo fianza tras arresto en Brasil

    Hickey es acusado formalmente de haber facilitado la reventa de entrada para los Juegos Olímpicos , de haberlos ofrecido ilegalmente y de asociación para delinquir. "No se justifica, de forma concreta y objetiva la necesidad de custodia cautelar del paciente", argumentó el juez en su decreto. Dimitió temporalmente de sus funciones.

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  • Brothers Charged in Shooting of Innocent Bystander, NBA Star's Cousin

    There were 449 homicides in the city between the start of the year and early Monday morning, a almost 50 percent increase over the same period last year, police said. Apparently the brothers were aiming for the driver of a vehicle when they struck Aldridge , hitting her in the head and arm (miraculously, the baby was unharmed).

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  • Swamy supports Urjit Patel's appointment as RBI Governor

    Swamy supports Urjit Patel's appointment as RBI Governor

    In its reaction, Fitch Ratings said Patel's appointment as the next RBI Governor signals a strong likelihood of policy continuity. Deputy Governor Urjit Patel, who will take charge as the 24th Governor of the Reserve Bank of India ( RBI ) was congratulated by Finance Minister Arun Jaitley and other members of the banking sector and India Inc for his new innings as incumbent Raghuram Rajan demits office in the first week of September.

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  • Congreso da luz verde a consulta paz en Colombia

    Congreso da luz verde a consulta paz en Colombia

    De acuerdo con la autoridad electoral, se requieren unos 4.5 millones de votos a favor del "Sí" para que los acuerdos reciban el respaldo popular o una votación similar por el "No" para que sean rechazados. "La Corte nos dijo que tuviera esas características (.) La pregunta que se le hace al pueblo es si aprueba o no el acuerdo final, no es una pregunta retórica sobre si los colombianos quieren o no la paz sino sobre si apoyan o no el acuerdo final", explicó Santos .

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  • Olympics: Rio hangover as Tokyo grabs baton

    Swimming legend Phelps, Bolt, and an array of others helped the Games rise above the taint of scandal following the exposure of state-sponsored doping in Russian Federation. Michael Phelps, Usain Bolt and Neymar Jr. joined the podium for being the most-talked-about and mentioned athletes on Facebook and Twitter, in that order.

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  • Depending on data two rate hikes possible in 2016, Fed's Fischer says

    In sum, Yellen opened the door for a September rate hike with the same hedges she's used in the past. She described consumer spending as "solid" but noted that USA business investment was weak and exports hurt by a strong dollar. Yellen's statement was a lot more clear than many had expected from the notoriously dovish Fed chair. Yellen said she expects "moderate growth" in GDP and further tightening in the labor market over the next few years.

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  • Wall St flat as investors look for clues on rates

    Wall St flat as investors look for clues on rates

    The next key indicator is Friday's jobs report for August, which is expected to show employers added 180,000 jobs in the month, according to the median estimate of 89 economists polled by Reuters . Gold futures for December delivery slid 0.8 per cent to settle at US$1,316.50 an ounce at 1:44 p.m. on the Comex in NY, heading for the first August decline since 2009.

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  • Couple held up at knifepoint in downtown Winnipeg

    Couple held up at knifepoint in downtown Winnipeg

    The suspect initially asked if they were interested in purchasing some stolen goods, which they declined. Police said the man pulled out a knife and demanded the pair's property. The witnesses pursued the suspect and recovered the victim's property. He has been charged with robbery, aggravated assault, assault with a weapon, uttering threats, and possessing a weapon.

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  • Japan asking citizens to donate old phones to make Olympic medals

    Tokyo 2020 Olympics wil be held from July 24 to August 9, and will have 5 new sports:baseball, climbing, surfing, karate and skateboard, so as to reach 33 sports in the program. It said that Japan had acquired 143 kilograms of gold, 1,566 kilograms of silver and 1,112 tons of copper from its discarded electronics in 2014.

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  • San Buenaventura inicia su primera zafra

    San Buenaventura inicia su primera zafra

    Morales pidió a los ejecutivos, trabajadores y la población de San Buenaventura a comprometerse con el funcionamiento de esa empresa para garantizar el desarrollo de esa región. El Presidente manifestó que es responsabilidad del Gobierno aumentar la producción de caña de azúcar, por lo que se acompañará al ingenio con programas, proyectos y créditos para ampliar la producción.

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  • Sus restos fueron cremados, según periodista de Televisa — Juan Gabriel murió

    Entre espontáneas muestras de simpatía en su tierra natal, Michoacán , en la fronteriza Juárez , ciudad adoptiva del popular cantante y compositor, y la Ciudad de México, las autoridades que organizan el tributo han dicho que, a pesar de que la Cancillería hace las gestiones para su repatriación desde California EEUU, no ha logrado confirmación de la llegada de sus restos .

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  • Tata Motors profits fall on weak Jaguar Land Rover sales

    Tata Motors profits fall on weak Jaguar Land Rover sales

    Exceptional items for the quarter includes further recoveries of ₹478 crores (£50 million) on account of the Tianjin incident which happened during the year ended March 31, 2016. The Indian-owned auto giant said its Land Rover arm sold 100,900 vehicles in the 12 weeks to the end of June, up 4 per cent on a year ago, amid strong demand for the Discovery Sport, Range Rover Evoque and Range Rover Sport.

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  • Trump to start deportations upon being sworn in

    Trump to start deportations upon being sworn in

    The commercial says Trump would provide tax relief, create millions of new jobs and increase wages. The Clinton campaign noted that Clinton will speak to the American Legion convention in Cincinnati on Wednesday. Advocates speculated that Trump's goal was to woo independent voters who might support him but are turned off by his harsher stances. Trump has described such attacks as attempts to "smear" his supporters.

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  • Could extracting gold from mobile phones ever be viable?

    Could extracting gold from mobile phones ever be viable?

    Electrical waste, such as old mobile phones, televisions and computers, is thought to contain as much as seven per cent of all the world's gold, which is used in circuit boards. Printed circuit boards are first placed in a mild acid, which dissolves all of their metal parts. He said: "We are very excited about this discovery, especially as we have shown that our fundamental chemical studies on the recovery of valuable metals from electronic waste could have potential economic and societal ...

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  • Canada signals intent to join controversial Chinese infrastructure bank

    Canada signals intent to join controversial Chinese infrastructure bank

    Negotiating teams from the two countries were now meeting in Beijing, Canada's Trade Minister Chrystia Freeland said. "This is a big deal for Canada", she said. "In our agriculture, we use high-quality products and we create high-quality products and goods", Trudeau said, without making direct reference to the canola dispute.

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  • Bodies found in small plane pulled from La. lake

    Capt. Edwin Holmes says that may also bring information about two men who have been missing since the crash during a training exercise Friday night. First time he flew on a plane. Hilliard was a great swimmer; that's why family members said they believe he pushed his girlfriend out of the plane. His body was found buckled into his seat.

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  • Oreo cookie maker Mondelez abandons bid for Hershey

    Hershey shares experienced a 12% drop when the news broke that the deal has been abandoned - and Mondelez rose by nearly 4%. Hershey slumped 11 percent and Mondelez rose 4 percent Tuesday after Mondelez , which makes Oreo cookies and other products, said it would no longer pursue a combination with Hershey .

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  • Markets Right Now: A mixed open for stocks on Wall Street

    The deal would have combined two industry leaders to create the largest confectionery company in the world. Trading was extremely light once again, with roughly 2.95 billion shares changing hands on the New York Stock Exchange, the seventh-slowest day of the year.

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  • Lawyer calls student visa scam charges 'bogus'

    Lawyer calls student visa scam charges 'bogus'

    The U.S. Attorney's Office for New Jersey said in the sting operation, brokers and recruiters helped get student visas for foreigners who never meant to attend school. Wang also called for the government to account for the money it took from the students and consultants, writing the law "requires the government to initiate forfeiture proceedings before they seize money and property from private citizens".

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  • Hubo fallas en tesis de EPN, más no plagio: Vocero de Presidencia

    La institución educativa manifestó que no fueron consultados en la elaboración de la nota periodística de Carmen Aristegui, responsable del portal. - El presidente Enrique Peña Nieto salió al paso de los rumores de un eventual ajuste en su gabinete de trabajo al señalar que de concretarse no será necesariamente previo al 4o Informe de Gobierno ni en diciembre cuando cumpla un año más de gestión.

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  • GE names Richard Laxer CEO of GE Capital

    GE names Richard Laxer CEO of GE Capital

    Sherin, GE vice chairman and GE Capital chairman and CEO, will retire from GE effective December 31, 2016. He will replace Keith Sherin, who will retire at the end of the year after 35 years of service, the company said. I thank Keith immensely for his relentless passion for 35 years to do right by all - our shareholders, customers and employees. The Boston-based company also said GE Capital will now consist of three divisions: an aircraft-financing business, an energy-focused lending unit ...

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  • US, India, Afghanistan to hold talks - Kerry

    She also thanked Secretary Kerry for USA's constant support for India's membership in Nuclear Suppliers Group. The US was looking forward to finalising a cyber framework that would help protect the two countries from new global cyber threats, he said.

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