Earnings could mark end to rally in U.S. media stocks

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(This April 26 story corrects spelling of ‘Burnstein’ to ‘Burnstine’ in eighth paragraph) By David Randall NEW YORK – U.S. fund managers’ newfound love of media stocks will soon be put to the test. Shares of Time Warner Inc, Twenty-First Century Fox, and CBS… Powered by WPeMatico

Fears of Nuclear Test Overshadow North Korea's First Party Congress In 36 Years – Forbes

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Forbes Fears of Nuclear Test Overshadow North Korea’s First Party Congress In 36 YearsForbesNorth Korea gets more publicity for its upcoming Party Congress by scaring everyone about missile and nuclear tests than it does by publicizing the Congress itself. The assumption is that “Respected Leader” Kim Jong-Un wants to hold the Congress both …Russia, China […]

Syria calls local truces; UN condemns "monstrous disregard" for lives – The Straits Times

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The Indian Express Syria calls local truces; UN condemns “monstrous disregard” for livesThe Straits TimesMOSCOW/BEIRUT (REUTERS) – Syria declared brief local truces near Damascus and in one province on Friday (April 29) but made no mention of halting combat on the main battlefield in Aleppo, after a surge in fighting the United Nations said …Syria temporary […]

Wall St. lower as investors assess earnings, data

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Wall Street was lower for a second day on Friday as investors assessed corporate earnings and data showed that U.S. inflation barely rose in March as consumer spending remains tepid. Shares of Gilead Sciences fell 8.4 percent to $88.86 after a drop in… Powered by WPeMatico

Former Auschwitz guard apologises at trial, says it was 'nightmare' – Channel News Asia

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Channel News Asia Former Auschwitz guard apologises at trial, says it was ‘nightmare’Channel News AsiaA 94-year-old former Auschwitz guard on trial in Germany apologised in court to victims on Friday, telling them he regretted being part of a “criminal organisation” that had killed so many people and caused such suffering. Posted 29 Apr 2016 20:30. […]

Fed's Kaplan says may back June or July rate rise

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LONDON – Dallas Federal Reserve President Robert Kaplan said on Friday that he could back a rise in U.S. interest rates as soon as June or July, if U.S. economic data firms up as he expects. Kaplan, who does not currently vote this year on the Federal Open… Powered by WPeMatico

Credit Suisse's Thiam faces shareholder ire at AGM

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ZURICH – Credit Suisse’s leadership came under fire on Friday from shareholders disgruntled by a share slide amid a major restructuring of Switzerland’s second-biggest bank. Chief Executive Tidjane Thiam and Chairman Urs Rohner faced criticism over a 40… Powered by WPeMatico

Runoff parliamentary elections underway in Iran – Tehran Times

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Runoff parliamentary elections underway in IranTehran TimesTEHRAN — The runoff parliamentary elections got underway in Iran on Friday to determine the fate of the remaining 69 seats in the 290-strong parliament. The election will shape the power structure between a coalition of reformists and moderates versus … and more » Powered by WPeMatico