Business


Moody's downgrades China's credit rating to A1 from Aa3

Whilst acknowledging that reforms on the financial system are being implemented, the agency said it is unlikely to prevent a further material rise in economic debt and government liabilities. The downgrade is likely to modestly lift borrowing costs for Beijing and its state-owned enterprises but remains comfortably within the investment-grade rating range.



Former Greek PM hurt in Athens car bomb

Authorities said the incident on Thursday left Mr Papademos with non-life-threatening injuries. According to local reports, the blast was due to a booby-trapped envelope Papadimos opened in his vehicle, which also injured the driver. "I undreservedly condemn the attack against Lucas Papademos (and) wish a speedy recovery to him and the people accompanying him", tweeted Prime Minister Alexis Tsipras , who is attending a North Atlantic Treaty Organisation summit in Brussels.



There's a $2 trillion oversight in Trump's budget proposal

Trump's budget cuts also target welfare programs for low-income women (and children), such as the Supplemental Nutrition Assistance Program (food stamps) and the Women, Infants, and Children (WIC) nutrition program . According to U.S. Department of Agriculture figures, bedrock Republican states that Trump won have long food-stamp rolls: 3.8 million people in Texas, 682,077 in Vice President Mike Pence's home state of in, 815,000 in Alabama and 1.6 million in Georgia, for example.



Kane Williamson vows Black Caps won't play conservative cricket in Champions Trophy

The Australian cricket team is already in England to prepare for the upcoming Champions Trophy. As the days pass by, the hullaballoo of the ICC Champions trophy 2017 has started shooting up all over the world. "They have so much experience that if you give them freedom to play their own game in the middle order then I am sure they are the best judge of how to win a game", said Kohli, who assumed the one-day global captaincy from Dhoni in January.



Stock Jumping Abnormally High: Opko Health, Inc. (OPK)

On Thursday, May 18th, Phillip Md Et Al Frost purchased 20,000 shares of Opko Health stock. In other news, insider Adam Logal sold 112,975 shares of Opko Health stock in a transaction that occurred on Tuesday, March 14th. If you are accessing this piece on another site, it was illegally copied and republished in violation of worldwide copyright and trademark laws. Recently stock market analysts have updated their consensus ratings on shares of Opko Health Inc (NASDAQ:OPK).



Irving's 42 points leads Cavs past Celtics

Not even Avery Bradley , whom Lue called after the game the best on-ball defender in the league, could contain Irving. While limiting the Celtics to 42 points over the third and fourth quarters, the Cavaliers outscored them in the paint , 36-10, in second-chance opportunities, 8-6, and in fast-break situations, 10-2.