Business


Pound slips below $1.29 as Bank of England warns of a slowdown

Echoing language from the last policy meeting in March, the bank said it would not take much upside news on growth and inflation for some other members of the MPC to join Forbes. Mr Carney today said: "The economy is still growing solidly". "Revisions to the MPC's forecasts suggest that it thinks the case for raising interest rates to cool inflation has weakened since its last Inflation Report ", he said.


Turkish opposition urges Trump to prod Erdogan on rights

Turkish opposition urges Trump to prod Erdogan on rights

Speaking to journalists ahead of visit, the Turkish President said that he would discuss the extradition of Fetullah Gulen with Donald Trump on May 16. But can it? Not really, argues Nicholas A. Heras, a senior fellow at the Center for a New American Security. The U.N. has warned damage to the Tabqa dam - Syria's largest - could lead to massive flooding, and a source who works with the dam's technicians said they had fled the structure as fighting drew near in recent days.


Dick's Sporting Goods Backs FY17 Adj. EPS Forecast, Cuts Comps View

Dick's Sporting Goods Backs FY17 Adj. EPS Forecast, Cuts Comps View

The firm earned "Buy" rating on Wednesday, March 9 by UBS. Swiss Retail Bank reported 29,500 shares stake. Insiders sold a total of 11,865 shares of company stock worth $176,743 in the last quarter. BGFV's profit will be $3.87 million for 18.65 P/E if the $0.18 EPS becomes a reality. The Company also offers products online through its e-commerce platform.


Lewis Hamilton reigns in Spain to cut Vettel's championship lead

Lewis Hamilton reigns in Spain to cut Vettel's championship lead

Vettel managed to block the inside line into Turn 1 for six more laps, but Hamilton's tyre advantage ultimately proved too hard to defend against on lap 44. The previous race in Sochi was tense but in the end not so much happened. Could Mercedes get through the remaining 30+ laps on a set of soft tyres? Those seconds meant that when Vettel emerged from a second pit stop he was neck-and-neck with a hard-charging Hamilton.



Microsoft slams spy agencies for 'stockpiling' vulnerabilities

In Asia, where Friday's attack occurred after business hours, thousands of new cases were reported on Monday as people came back to work. There are many theories, but increasingly it looks as if the initial breach came from an insider, perhaps a government contractor.



Officials arrive at One Belt - One Road Summit venue in Beijing

Xi addressed nearly 30 leaders on the second day of a forum on his new Silk Road plan, a huge infrastructure project meant to revive ancient land and sea trade routes from Asia to Europe and Africa. Li made the remarks when meeting with the UN Secretary-General Antonio Guterres on the sidelines of the Belt and Road Forum for International Cooperation, Xinhua reported.