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Finance

Additionally, Hamidou Diallo (Kentucky/Queens, NY) was credited with nine points, while Romeo Langford (New Albany H.S./New Albany, Ind.) and Austin Wiley (Auburn/Hoover, Ala.) contributed eight points each. Washington, who had 17 points and 11 rebounds to lead the USA. Following a Barrett basket, Canada led 15-14 with 2:33 left in the first quarter. Following three free throws by Immanuel Quickly (John Carroll School/Bel Air, Md.), the US took a 53-52 lead with 5:32 to play in the ...
  • Good turn-out for World Blood Donor Day

    Good turn-out for World Blood Donor Day

    Finance

    Instead, it should be a normal and routine part of our lives. The coordinator said around two percent of the population of any country which donates blood regularly can meet the needs of their entire population, but the culture of blood donation in Pakistan is yet to take root.
  • Britain, EU begin formal Brexit talks

    Britain, EU begin formal Brexit talks

    Finance

    Those were, he said, the rights of expatriate citizens and problems of a new EU-UK border, notably cutting across Ireland. A day after the start of Brexit talks, Hammond sought to soften the more confrontational tone towards the bloc taken by Prime Minister Theresa May - a role he has re-adopted since her election flop earlier this month.
  • Fed's Stress Tests: Biggest US Banks Declared Healthy

    Fed's Stress Tests: Biggest US Banks Declared Healthy

    Finance

    Since 2009, the 34 firms have added more than $750bn in common equity capital, the Federal Reserve said. The most severe hypothetical scenario imposed by the Fed supposed a global economic downturn even worse than the recent Great Recession.
  • Trump calls Warmbier's death a 'total disgrace'

    Finance

    But some analysts believe negotiations could happen because of USA worries about the safety of the three other Americans still detained in North Korea. Warmbier was sentenced to 15 years in prison with hard labor in North Korea, convicted of subversion after he tearfully confessed he had tried to steal a propaganda banner.
  • Trump acknowledges for first time he's under investigation

    Trump acknowledges for first time he's under investigation

    Finance

    Rosenstein released a cryptic statement the evening before about the danger of relying on anonymous sources, though it appeared to be aimed more at a report that the business interests of Trump's son-in-law and senior adviser Jared Kushner were now of interest to Mueller.
  • Grocers facing a united Amazon-Whole Foods must adapt

    Grocers facing a united Amazon-Whole Foods must adapt

    Finance

    Explaining the rationale, Deutsche Bank said Amazon's move would notably increase touch points with customers, as food & beverage accounted for the biggest share of consumer spending in 2016. In fact, Amazon's acquisition of Whole Foods helped bring a surge to the company's stock, adding $1.8 billion to Bezos's net worth. At the margin, if this move makes the current USA branded food players more likely to sell out to Kraft-Heinz, or catalyzes a reduction in stock prices that makes ...
  • Amazon's purchase of Whole Foods 'bought a distribution network,' expert says

    Finance

    As Recode smartly pointed out , the deal won't just give Amazon control of a major grocery chain, it will also give the ecommerce giant access to " more than 400 stores to use as delivery hubs ". Whole Foods , founded in 1978, has more than 460 stores in the United States, Canada and the United Kingdom, employs 87,000 people and is the leading natural and organic foods supermarket.
  • UK central bank divided over whether to raise interest rates

    UK central bank divided over whether to raise interest rates

    Finance

    Officials had previously said they were prepared to tolerate a burst of rapid price-growth to keep the economy on an even keel as the United Kingdom began exit talks with the European Union . Disappointing UK retail sales also took their toll, with data from the Office for the National Statistics showing sales shrank much more than expected in May.
  • US consumer prices unexpectedly fall; core inflation benign

    Finance

    On a year-on-year basis, shelter costs rose 3.3 percent and have been a key driver lifting services inflation in the last two years. Policymakers continued to expect the economy to expand at a "moderate" pace and labor market conditions to "strengthen somewhat" further.
  • Iraq Is New Oil King, Beats Saudis in Fastest Growing Market

    Finance

    Additionally, gasoline stocks rose by 2.1m barrels, compared with analysts' expectations for a 457,000 to 500,000-barrel drop, casting doubt on a rise in demand during the United States summer driving season. "The rebalancing of the market is under way, but at a slower pace, given the changes in fundamentals since December, especially the shift in U.S. supply from an expected contraction to positive growth", OPEC added.