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Wall Street

Clinton’s Headaches Mount as Sanders Surges in Iowa

Hillary Clinton’s once inevitable march to the 2016 Democratic presidential nomination just became far less inevitable, as a new Iowa poll shows the former secretary of state rapidly losing ground to Sen. Bernie Sanders of Vermont, the self-described Democratic socialist who has railed against the “billionaire class” and Wall Street. Echoing similar problems for Clinton in New Hampshire -- another early battleground state-- Clinton’s once seemingly insurmountable lead in Iowa has dropped to just seven points, according to a new Des Moines Register-Bloomberg Politics poll published Saturday night. Clinton once led in Iowa with the support of more than 50 percent of Democrats, but she garnered just 37 percent of likely Democratic caucus goers in the latest poll, followed by Sanders with 30 percent.

This 1970s Bank of Ireland ad had a go at predicting your earnings for 2028

This 1970s Bank of Ireland ad had a go at predicting your earnings for 2028In the 1970s, Bank of Ireland had its crystal ball out.


MIDEAST STOCKS-Saudi Arabia surges, boosted by stronger oil

DUBAI, Aug 30 (Reuters) - Saudi Arabia's stock market continued its sharp rebound in early trade on Sunday as stronger oil prices lifted shares in the petrochemical sector. The kingdom's main stock index jumped 4.2 percent in the opening minutes and petrochemicals giant Saudi Basic Industries (SABIC) rose 6.5 percent. The petrochemical sector index added 5.7 percent. Other sectors were also strong although lagging behind petrochemicals, for whom stronger oil translates into higher margins. National Commercial Bank, Saudi Arabia's largest lender, surged 4.2 percent. ...

MIDEAST STOCKS-Gulf rises after oil's rally, Dubai jumps

Dubai's stock market led gains in the Gulf in early trade on Sunday after oil prices rebounded, improving the sentiment of investors in the region. The emirate's index jumped 3.0 percent and developer Emaar Properties, the most traded stock, surged 4.8 percent. Union Properties surged 4.5 percent and mortgage lender Amlak Finance added 2.8 percent.

China is growing at 'reasonable' pace despite pressures - Premier Li

hinese Premier Li Keqiang attends a Franco-Chinese Economic Summit in Toulouse, southwestern FranceBy Dominique Patton BEIJING (Reuters) - China's economy is growing at a "reasonable" pace and, despite growing pressure, the government can handle well the risks the country faces, Chinese Premier Li Keqiang said. The premier, in remarks published late Saturday after a special cabinet meeting, said China is continuing to steadily manage its economy. Li said international market instability "has increased the uncertainties around the global economic recovery, and the impact on China's financial market and imports and exports has also deepened, with the economy facing new pressure." He defended China's efforts to steer through a volatile period since mid-June, when China's stock market plunged.


Fed's Fischer says not clear how Fed discussions could affect China stocks

Federal Reserve Vice Chair Stanley Fischer said on Saturday it was not clear to him how Fed policy discussions could affect China's stock market, as Chinese officials have suggested. Fischer was asked about the issue by a professor from China's Tsinghua University during a monetary policy conference here. China's stock market "went up to a multiple of 70 when people knew our policy and it collapsed to 17 when they also knew our rate policy.

Strong dollar benefits rubber-based manufacturers

KUALA LUMPUR: Rubber glove and condom counters on Bursa Malaysia continue to outperform the whole stock market by about 40 per cent, despite their share prices having settled quite a bit for the past week. For the past two months, the drastic strengthening of the US dollar against the ringgit had enhanced the appeal of rubber glove-makers counters such as Hartalega Holdings Bhd, Top Glove Corp Bhd, Supermax Corp Bhd and Kossan Rubber Industries Bhd including that of condom manufacturer Karex Bhd. The rubber sector's cost strategy remains largely intact thanks to protracted weakness in global rubber and petroleum prices and strong US dollar, the currency they are quoted and sold. With no change in electricity prices until end 2015 and growing global demand for the medical device, rubber glove players should be in good position to go on delivering good results in the second half of this year.

Exclusive: Carlyle looks to sell Landmark Aviation for $1.7 billion

A general view of the lobby outside of the Carlyle Group offices in WashingtonCarlyle initially looked at cashing out of Landmark via a stock market listing, but in the past few months has broadened out that process to include a possible outright sale. Two of the sources said that Landmark Aviation's earnings before interest, taxes, depreciation and amortization (EBITDA) were around $170 million over a trailing 12-month period. Representatives for Landmark Aviation did not immediately respond to a request for comment.


Exclusive - Carlyle looks to sell Landmark Aviation for $1.7 billion - sources

A general view of the lobby outside of the Carlyle Group offices in WashingtonPrivate equity firm Carlyle Group LP has been exploring a sale of aircraft leasing and maintenance company Landmark Aviation for as much as $1.7 billion (1 billion pounds), including debt, people familiar with the matter said on Friday. Carlyle initially looked at cashing out of Landmark via a stock market listing, but in the past few months has broadened out that process to include a possible outright sale. Two of the sources said that Landmark Aviation's earnings before interest, taxes, depreciation and amortization (EBITDA) were around $170 million over a trailing 12-month period.


Calm on Wall Street: A turbulent week ends on a placid note

Specialist Meric Greenbaum works at his post on the floor of the New York Stock Exchange, Friday, Aug. 28, 2015. U.S. stocks are opening slightly lower after a sharp two-day surge, as the stock market closes out a wild week. (AP Photo/Richard Drew)Well, that was exciting.


Technology

Blinded by technology: has our belief in Silicon Valley led the world astray? - The Guardian


The Guardian

Blinded by technology: has our belief in Silicon Valley led the world astray?
The Guardian
I was in India, overseeing something like 50 different research projects, each one looking for a way to use digital technology to alleviate poverty in some way, through education, healthcare, government, agriculture and so on. And in quite a few of ...

How Technology Is Fueling The Push Toward Solar - TechCrunch


TechCrunch

How Technology Is Fueling The Push Toward Solar
TechCrunch
Solar energy in the United States has seen immense momentum throughout the years. When the Solar Energy Industries Association released its annual report in 2008, it concluded that U.S. solar photovoltaic (PV) capacity reached a total of 1.183 ...

and more »

Technology options on farms continue to change - Springfield News-Leader


Technology options on farms continue to change
Springfield News-Leader
Eldon Cole has been a livestock specialist with University of Missouri Extension for more than 52 years. During that time, the technology options available on the farm have changed dramatically. Right now, Cole says the technology discussed the most ...

and more »

MOA Kluster changing technology and education - Taranaki Daily News


Taranaki Daily News

MOA Kluster changing technology and education
Taranaki Daily News
A "cutting edge" approach to education using technology is having a big impact in four rural Taranaki schools. Opunake, Matapu, Kaponga and Auroa primary schools have formed the "MOA Kluster", a joint approach to the training for and implementation of ...

and more »

Travel

The week's best travel deals from around the globe - Washington Post


The week's best travel deals from around the globe
Washington Post
The deal costs $324 per person double and includes two nights in a one-bedroom condo (normally from $280 per night), a half-day guided fly-fishing trip and two vouchers for the 10th Mountain Whiskey & Spirit Co., good for a flight of five of spirits, a ...

Fall travel deals with Columbus Travel - fox13now.com


fox13now.com

Fall travel deals with Columbus Travel
fox13now.com
Larry Gelwix, from Columbus Travel, tells us about two travel deals that will be gone soon. Deal #1. Fall Disney Sale. Fall break is one of the most popular times for Utahans to travel to Disneyland or Walt Disney World. Now for Fall Break you can save ...

Looking ahead to holiday season travel deals - Chicago Tribune


Chicago Tribune

Looking ahead to holiday season travel deals
Chicago Tribune
We've sniffed out budget travel ideas for trips both domestic and foreign and ranging from cruises to ski getaways. We limited starting travel dates to Dec. 1-Jan. 15, and we set some price limits. For land-only packages or cruises, the per-person cost ...

5 easy ways to score late-summer travel deals - New York Post


New York Post

5 easy ways to score late-summer travel deals
New York Post
When searching for flights, use flexible travel dates — and be open to changing your destination in order to save. Most airlines (American/US Airways are the notable exceptions among domestic carriers) now offer easy-to-use fare calendars showing you ...

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