WADA could lift Russia anti-doping suspension

18 May

World Anti-Doping Agency president Craig Reedie said Thursday the body could lift its suspension of Russia’s drug-testing authority later this year after nearly two years on the blacklist.The Russian Anti-Doping Agency (RUSADA) has been suspended since…

Assistant coach Smith to leave All Blacks

18 May

All Blacks assistant coach Wayne Smith announced Friday he was leaving the world champions, saying he needed to “take a break” from the game.The widely respected Smith, part of the brains trust that helped guide New Zealand to back-to-back World Cups, …

Unbeaten Crawford defends boxing title in Garden debut

18 May

Unbeaten double world junior welterweight champion Terence Crawford defends his crowns against former Olympic champion Felix Diaz on Saturday at New York’s Madison Square Garden.Crawford, 30-0 with 21 knockouts, will try to retain the World Boxing Coun…

EU says Altice jumped gun on Portugal Telecom takeover

18 May

The European Union Thursday said telecom company Altice breached EU rules by prematurely taking over Portugal Telecom (PT) without full clearance from regulators.The European Commission can fine the company up to 10 percent of its annual worldwide turn…

Greek parliament approves new austerity measures 

18 May

The Greek parliament late Thursday adopted a new round of austerity cuts which the government hopes will secure a pledge of debt relief and loan disbursements by EU-IMF creditors this month.The bill entails 4.9 billion euros ($5.4 billion) in pension c…

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US stocks recover some of losses as global markets eye Trump woes

18 May

US stocks recovered some of their losses on Thursday from the prior session’s rout, but European and Asian markets retreated on worries about the prospects for implementation of President Donald Trump’s agenda.

Wall Street investors took advantage of lower prices for Apple, Amazon, Facebook and other sought-after equities that were depressed after Wednesday’s rout, lifting the tech-rich index 0.7 percent, a bit more than the gain in the Dow and S&P 500.

But European and Asian bourses fell, with analysts pointing to unease over a string of Trump scandals and stumbles that have thrown his plan for tax cuts and other growth initiatives into doubt.

“European equities are now fully entangled in the Trump-related sell-off. Yesterday the US market bore the brunt of the move but now it has gone global,” said David Madden, analyst at traders CMC Markets UK.

“Trump Dump!!” tweeted Mati Greenspan, senior markets analyst at eToro in Tel Aviv.

Art Hogan, chief market strategist at Wunderlich Securities, said Thursday’s gains in the US were a “dead cat bounce” after Wednesday’s losses, and he predicted more volatility ahead.

“The reassessment of the agenda being pushed out will continue to put a lid on stocks,” Hogan said, although while Trump’s plans certainly will be delayed by his problems, they may not be dead.

The dollar also recovered a bit from multi-month lows against the euro.

Among individual US stocks, Wal-Mart Stores jumped 3.2 percent after reporting a rise in sales at US stores and sharp increases in e-commerce growth.

Cisco Systems slumped 7.2 percent after announcing it was cutting 1,100 jobs as it reported weaker-than-expected financial results in the past quarter.

Meanwhile, in Brazil, the Bovespa index plunged 8.8 percent after President Michel Temer was placed under investigation for allegedly agreeing to paying hush money to a jailed politician.

Temer, who came to power following the impeachment of former president Dilma Rousseff, vowed not to resign in a brief televised statement to the nation.

US-traded shares of Petroleo Brasileiro SA Petrobras plunged 16.9 percent in the wake of the scandal.

– Key figures around 2100 GMT –

New York – Dow: UP 0.3 percent at 20,663.02 (close)

New York – S&P 500: UP 0.4 percent at 2,365.72 (close)

New York – Nasdaq: UP 0.7 percent at 6,055.13 (close)

London – FTSE 100: DOWN 0.9 percent at 7,436.42 (close)

Frankfurt – DAX 30: DOWN 0.3 percent at 12,590.06 (close)

Paris – CAC 40: DOWN 0.5 percent at 5,289.73 (close)

EURO STOXX 50: DOWN 0.6 percent at 3,562.25

Tokyo – Nikkei 225: DOWN 1.3 percent at 19,553.86 (close)

Hong Kong – Hang Seng: DOWN 0.6 percent at 25,136.52 (close)

Shanghai – Composite: DOWN 0.5 percent at 3,090.14 (close)

Euro/dollar: DOWN at $1.1105 from $1.1157 at 2100 GMT

Dollar/yen: UP at 111.55 yen from 110.96 yen

Pound/dollar: DOWN at $1.2928 from $1.2967

Oil – Brent North Sea: UP 30 cents at $52.51 per barrel

Oil – West Texas Intermediate: UP 28 cents at $49.35 per barrel

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Automakers settle deadly Takata airbag case for $553 mn

18 May

Four automakers including Toyota and BMW agreed Thursday to pay $553 million to settle a US lawsuit over the defective Takata airbags blamed for 11 deaths in the United States alone.The lawsuit filed in late February claimed the carmakers were aware of…

Mortaza glad Bangladesh have chance of quick recovery

18 May

Bangladesh captain Mashrafe Mortaza is happy to go straight back into action on Friday as the Tigers go in search of their first win in the Tri-Series in Dublin.After their first game in the one-day international tournament, a warm-up for next month’s …

Russell defends but eyes Selby, Santa Cruz

18 May

US southpaw Gary Russell defends his World Boxing Council featherweight crown Saturday against Colombia’s Oscar Escandon but is looking at rival champions Lee Selby of Britain and Leo Santa Cruz.Russell, 27-1 with 16 knockouts, enters the ring before a…

How Can Portable Potty Flush Out the Homeless Problem?

18 May

Portability has a terrific impact on toilet units outdoors, and the recent addition is a portable home, incorporating the basic needs. If you believe future calls for change, then here is an updated version suffice to prove it again.

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Know More about Massage Treatment Therapy

18 May

If you are facing a hectic schedule in your office and need a break then don’t go panic just schedule a few day off from your work and join this treatment center.

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Four-goal Kane eyes golden boot after crushing Leicester

18 May

Harry Kane staked his claim to finish as the Premier League’s top scorer with a scintillating four-goal blast in Tottenham’s 6-1 demolition of Leicester on Thursday.Although Tottenham were unable to overhaul champions Chelsea in the title race, Maurici…

US agency votes to roll back broadband ‘neutrality’ rules

18 May

US regulators voted Thursday to scrap a 2015 order aimed at forcing broadband firms to treat all online traffic equally, in the latest turn of the politically charged “net neutrality” debate.

The Federal Communications Commission voted 2-1 to reverse the policy enacted two years earlier and which has been a subject of litigation for a decade.

Backers of net neutrality argue that the 2015 rules, which are being challenged in court, would guard against powerful broadband firms like Comcast and AT&T shutting out rival services and the creating online “fast” and “slow” lanes.

But others worry such rules were a heavy-handed effort to reclassify internet providers as utilities, and would discourage investment in the fast-evolving sector.

FCC chairman Ajit Pai, appointed by President Donald Trump, has said the change would return to “a light-touch regulatory framework.”

An FCC statement said the new plan, when finalized, would support efforts “toward restoring internet freedom and promoting infrastructure investment, innovation, and choice by proposing to end utility-style regulation of broadband internet access service.”

The vote, which begins a period of public comment ahead of final implementation, prompted a flurry of reactions on both sides of the debate.

Net neutrality has been the subject of legal and political battles for more than a decade, with both sides claiming to represent a “free and open” internet.

Ed Black of the Computer & Communications Industry Association, which represents major tech firms, said the FCC was moving against the public interest.

“It is baffling that the agency charged with protecting consumer internet access would instead kowtow to company threats not to invest in broadband buildout,” Black said in a statement.

Democratic Senator Al Franken said, “The FCC just took a major step toward destroying the internet as we know it, putting the interests of a handful of giant corporations like Comcast and Verizon ahead of the American people.”

Cinnamon Rogers of the Telecommunications Industry Association however called the vote “a step in the right direction for restoring sensible rules to govern the internet,” and said it would “allow industry to further invest in the network and meet the growing demand from consumers for new high-tech products and services.”

Meredith Attwell Baker of the CTIA, an association of wireless carriers, said the new framework “will promote billions of dollars of investment, millions of jobs and future innovation.”

FCC commissioner Mignon Clyburn, who cast the dissenting vote Thursday, wrote on Twitter: “Yet to see a credible analysis that suggests #broadband provider capital expenditures have declined” since the 2015 order.

Mexico raises interest rate to new high

18 May

Mexico’s central bank raised its key interest rate to a new high on Thursday to curb rising inflation.The Bank of Mexico raised the benchmark rate for Latin America’s second-biggest economy by a quarter-point to 6.75 percent, it said in a statement.Tha…

Brazil’s Temer: teetering after long climb to top

18 May

Michel Temer is the ultimate political insider who quietly and ruthlessly worked his way to the summit of Brazil’s political pyramid — before finding himself teetering in spectacular fashion.Known as a backroom dealer and kingmaker, the head of the po…

Side-by-side stars could see Preakness start sizzle

18 May

Kentucky Derby winner Always Dreaming will start alongside top rival Classic Empire in Saturday’s Preakness, with the oddsmakers favorites expected to stage a superb side-by-side break from the gates.”Always Dreaming is obviously a very good horse. We …

Homer leader Freeman out 10 weeks with broken wrist

18 May

Atlanta Braves star first baseman Freddie Freeman will miss at least the next 10 weeks of the Major League Baseball season with a fractured left wrist, the team announced Thursday.Freeman suffered the injury when he was hit by a fastball from Toronto B…

France’s Le Pen to run for legislative elections

18 May

French far-right leader Marine Le Pen, who lost the presidential election, said Thursday she will run in next month’s parliamentary election in which her National Front party hopes to become the leading opposition force.The vote will determine France’s…

VERC Enterprises names Vicki Richard as Human Resources Manager

18 May

VERC Enterprises, a leading convenience store and Mobil/Gulf gasoline operator with locations throughout Eastern Massachusetts and New Hampshire is pleased to announce that Vicki Richard of Quincy, Massachusetts has joined the company as Human Resources..

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Poetic Scenes from the Author’s Heart

18 May

A Gentle Kiss from God is Carol Ann Castagna’s fulfillment of God’s prompting. As Carol Ann’s life was punctuated with harsh conditions, words of hope that God etched in her heart find their way to pen and paper.

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Prince Charles warns of extinction threat to islands

18 May

Britain’s Prince Charles warned Thursday that tiny island nations could be wiped off the map by climate change, at a Commonwealth gathering geared towards finding practical ways to reverse its effects.Charles, the heir to the throne, said the planet wa…

Antarctica is greening due to global warming

18 May

Plant life is growing on Antarctica like never before in modern times, fueled by global warming which is melting ice and transforming the landscape from white to green, researchers said Thursday.Scientists studying moss in an area spanning 400 miles (6…

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Owens injury could pave way for Hartley’s Lions call

18 May

England captain Dylan Hartley moved a step closer to a possible late British and Irish Lions call-up on Thursday after a fitness scare involving Ken Owens.Wales hooker Owens will miss the Scarlets’ Celtic League play-off clash against Leinster in Dubli…

Soderberg, Hoey lead in Sicily after flirting with 59

18 May

Sebastian Soderberg and Michael Hoey shared the first round lead at the Sicily Open on Thursday after both men flirted with the magical score of 59.In the end, they carded matching 61s to be 10 under par at the Verdura Golf Club on a bright, sunny day …

Shields conqueror Marshall turns pro

18 May

Britain’s Savannah Marshall, the only woman to have defeated double Olympic gold medallist Claressa Shields in a major amateur contest, has signed professional terms with US great Floyd Mayweather, it was announced Thursday.Marshall outpointed Shields …