financializer news A weblog highlighting financial topics making news in the international media.

show markets: Source Bloomberg More From Bloomberg Markets The Open48 35'Bloomberg Markets The Open' Full Show Markets The Open' Full Show 10/25/2018 01 40Tesla Analyst Says 'Hard Not to Be Positive' on Changes01 52ECB's Ability to Raise Rates in 2019 Questionable, de Longis Says All episodes and clips Bloomberg Markets Bloomberg Markets is focused on bringing you the most important global business and breaking markets news and information as it happens, according to Bloomberg. More episodes and clips01 47 02'Bloomberg Markets The Close' Full Show 10/26/2018 02 57How Options Strategist Steve Sosnick Is Trading the QQQ04 07Former FBI Special Agent Reacts to 'Fast-Moving' Bomb Scare Probe47 55'Bloomberg Markets Balance of Power' Full Show the world with Bloomberg News More episodes and clips03 03How Women in the Mideast Are Advancing02 53China's Tech Giants Aren't Copycats Anymore02 33Taking From the Rich Might Not Help the Poor02 43It's Getting Harder to Spot a Deep Fake Video The David Rubenstein Show The David Rubenstein Show Peer-to-Peer Conversations explores successful leadership through the personal and professional choices of the most influential people in business. He speaks with Bloomberg's Jonathan Ferro on Bloomberg Markets The Open. More episodes and clips24 05The David Rubenstein Show Christine Lagarde24 05The David Rubenstein Show Barry Diller48 11The David Rubenstein Show Jeff Bezos24 03The David Rubenstein Show Dr. Jim Yong Kim See all shows (news.financializer.com). As reported in the news.

week: The fifth consecutive week of losses would represent its worst period since May 2013, according to The Guardian. The global index has dropped by 9.5% since the start of the month, the second largest sell-off of the year following turmoil in February. The MSCI all-country world index, which tracks shares across stock markets in 47 developed and emerging countries, closed down 3.7% on Friday. MSCI index British companies on the FTSE 100 fell by 0.92%, with the index hitting its lowest level in seven months at one point on Friday, before recovering slightly to the lowest close since March. Germany's Dax index fell by 0.94% while France's Cac 40 lost about 1.29%. Shares across Europe have suffered from nerves around the Brexit negotiations, with UK government ministers still insisting that leaving the EU without a deal is a possibility. The share price of the steel producer Evraz fell by more than 6%. The grocery delivery firm Ocado lost 5%, while BT Group, Royal Bank of Scotland and Royal Mail all dropped by more than 4%. The slide was matched on Europe's other large markets. (news.financializer.com). As reported in the news.

tech giants: More episodes and clips01 47 02'Bloomberg Markets The Close' Full Show 10/26/2018 02 57How Options Strategist Steve Sosnick Is Trading the QQQ04 07Former FBI Special Agent Reacts to 'Fast-Moving' Bomb Scare Probe47 55'Bloomberg Markets Balance of Power' Full Show the world with Bloomberg News More episodes and clips03 03How Women in the Mideast Are Advancing02 53China's Tech Giants Aren't Copycats Anymore02 33Taking From the Rich Might Not Help the Poor02 43It's Getting Harder to Spot a Deep Fake Video The David Rubenstein Show The David Rubenstein Show Peer-to-Peer Conversations explores successful leadership through the personal and professional choices of the most influential people in business, according to Bloomberg. More episodes and clips24 05The David Rubenstein Show Christine Lagarde24 05The David Rubenstein Show Barry Diller48 11The David Rubenstein Show Jeff Bezos24 03The David Rubenstein Show Dr. Source Bloomberg More From Bloomberg Markets The Close04 41FBI's Wray Says Mailed Bombs Were Not Hoax Devices01 44Race to Watch Beto O'Rourke Versus Ted Cruz07 01Twitter Still Has Work to Do Addressing Bad Online Behavior, CFO Says08 18David Rubenstein Says Canada Is an Excellent Place to Invest All episodes and clips Bloomberg Markets Bloomberg Markets is focused on bringing you the most important global business and breaking markets news and information as it happens. Jim Yong Kim See all shows (news.financializer.com). As reported in the news.

trump: We didn't check every single word that Trump said, according to CNN. Instead, we focused on his most-repeated claims, his most surprising comments and superlative boasts about his record, regardless of whether they seemed true or false. So, for two full days this week, CNN tracked everything that the President said the morning tweets, White House speeches, interviews and press availabilities, his campaign rally in Wisconsin and everything in between. Read More What's clear is that Trump is most accurate during prepared remarks and when touting his strong economic record. Some of his claims simply aren't supported by any evidence. But he strays from the truth when improvising with reporters or attacking his opponents. (news.financializer.com). As reported in the news.

uncertainties: Blackstone acquired the building for 320m in 2014, with reports suggesting it might sell for as much as 430m, according to The Guardian. The short-term uncertainties surrounding Brexit have presented us with opportunities to acquire assets with deep value, said Frank Khoo, the group chief investment officer at CDL. The 27-storey building, close to the Bank of England, is CDL's second deal in London this year after a 183m transaction for Aldgate House in September. The Singapore-listed City Developments Ltd, which is chaired by the billionaire businessman Kwek Leng Beng, has bought the freehold building at 125 Old Broad Street from the US-based private equity group Blackstone. We have confidence in the long-term fundamentals of London as a global financial hub with a robust office market, Khoo said. Andrew Hawkins, an international partner at Cushman & Wakefield, said CDL had snapped up the building without any rival bidders, securing it at an attractive price . Foreign investors have shown strong interest in the London commercial property market in the past 18 months. The former Stock Exchange Tower is home to tenants including the law firm King & Spalding, China International Capital Corporation and the property agents Cushman & Wakefield, who advised CDL on the deal. (news.financializer.com). As reported in the news.

bin: Many of the biggest names in business and finance pulled out of the conference after members of bin Salman's inner circle were blamed for the killing, according to CNN. Making his first public comments on the case during a debate about how to transform the Arab world into a global economic powerhouse, bin Salman called the killing a heinous crime and promised justice for the perpetrators. Bin Salman took the stage at an investor conference in Riyadh that has been overshadowed by the death of Jamal Khashoggi at the Saudi consulate in Istanbul. To loud applause, he rejected any suggestion that his program of reform would be derailed. Our projects are ongoing, our reforms are ongoing, our war on extremism is ongoing and our war on terror is ongoing. There are no challenges that you can put in front of this great Saudi nation, he said. (news.financializer.com). As reported in the news.

december: The December crude contract was up 23 cents at 67.05 U.S. per barrel and the December natural gas contract was up 0.9 of a cent at 3.24 U.S. per mmBTU. Paul Chiasson / THE CANADIAN PRESS Not only did we see stocks come back but we saw oil come back, which I thought also was encouraging since both of them had been hammered pretty badly in the last week, he said in an interview, according to The Toronto Star. The December crude contract was up 51 cents at 67.33 U.S. per barrel. There was a pretty solid rebound Thursday overall, said Colin Cieszynski, chief market strategist for SIA Wealth Management. That's still the third-lowest level in two months. Article Continued Below The S&P/TSX composite index closed up 14.95 points at 14,924.08 after losing 376.04 points on Wednesday. I don't think we're out of the woods yet and I still think there's going to be bumpy and choppy 13 more weeks but it's definitely really encouraging to see investors step up and for markets to hang onto their gains. (news.financializer.com). As reported in the news.

bargain purchase: The famous horror writer made the deal with the students at Blaenau Gwent Film Academy in Wales, according to Nine News Australia. The bargain purchase of less than one pound or 1.40, was for King's short story Stationary Bike, part of his Just After Sunset series. To improve your experience update it here News World Students buy Stephen King story for 15 27pm Oct 25, 2018Facebook Tweet MailA group of young student filmmakers have grabbed a bargain, purchasing the movie rights to a Stephen King story for just over one dollar. Horror author Stephen King has sold the film rights to one of his short stories for less than one pound. The man improves his fitness but begins having strange thoughts about being followed when he is riding. AAP The story is about a man who starts riding a stationary bike after his doctor tells him to lose weight because of high cholesterol. (news.financializer.com). As reported in the news.

consensus estimates: Microsoft has jumped 6.1 percent after topping consensus estimates for revenue and profit, helped by strong demand for its Azure cloud computing and Office 365 software products, according to Nine News Australia. The results, along with gains for chipmakers, lifted technology stocks up 2.32 percent today. To improve your experience update it here News World Promising rise in Wall Street stocks after this month's devastating 10 percent plunge6 23am Oct 26, 2018Facebook Tweet MailUS stocks have gained, as strong corporate earnings, including from software company Microsoft and automaker Ford, helped ease nerves following a steep sell-off in the prior session. Strong corporate earnings have helped ease Wall Street nerves following a steep sell-off in the prior session iStock The sector has lost about 10 percent in October and, if losses hold, it would be the worst month for the high-growth sector in nearly 10 years. The results offered hope to Wall Street, battered this week by a series of sluggish outlooks from manufacturers and chipmakers worried about the impact of tariffs, a slowdown in China on profits and global growth. Ford Motor, which is struggling with sales in China, surged 7.4 percent as its earnings report raised hopes for a strong finish to the year, while Raytheon was up 1.2 percent after the US defence contractor raised its full-year forecast. (news.financializer.com). As reported in the news.

form: There is even a Facebook page and a Whats App chat encouraging Salvadorans to form a caravan of their own, though it is not yet known whether one will materialise, according to Nine News Australia. It is a small country both geographically and by population, home to 6.5 million inhabitants. To improve your experience update it here News World Poverty and gang violence are forcing El Salvador migrants to join the caravan heading for US border2 10pm Oct 25, most of the 7,000 migrants in the caravan wending its way through far-southern Mexico are Hondurans, some Salvadorans have also joined. There is a great deal of poverty and gang crime in El Salvador with many leaving because it isn't possible to raise a family there. AAP The International Organization for Migration estimates that another 1.35 million Salvadorans live in the United States. AAP El Salvador migrants have joined the 7000 string caravan making its way through Mexico to the US border. (news.financializer.com). As reported in the news.

health professionals: There wouldn't be any information in a quantitative sense that I could provide at the moment, according to The Guardian. Labor opposes plan to indemnify new coal plants and warns it could cost billions Read more At the same time, in an open letter in the health journal the Lancet, 22 prominent scientists and health professionals have criticised the Australian government for dismissing the findings of the Intergovernmental Panel on Climate Change's recent 1.5C report. This week the new Treasury secretary, Phil Gaetjens, told a Senate estimates hearing the department had done no modelling that compared the difference in economic impacts of 1.5C of warming and 2C. We do not do modelling on that, Gaetjens said. The Australian government's contemptuous dismissal of the latest report of the Intergovernmental Panel on Climate Change IPCC including the panel's recommendation to dramatically reduce coal power by 2050, is unacceptable, the letter, published Thursday, states. The authors include Prof Fiona Stanley and Nobel laureates Peter Doherty and Tilman Ruff. Australian scientists and health professionals were dismayed at the government's ongoing stance to disregard the consensus of the world's leading climate scientists as well as any idea of duty of care regarding the future wellbeing of Australians and our immediate neighbours the letter said. (news.financializer.com). As reported in the news.

msci asia: In Japan the Nikkei was off 3.2% and has now dropped around 13% from a 27-year peak of 24,448.07 touched in early October, according to The Guardian. Dow Jones falls 600 points as market volatility continues as it happened Read more A broad indicator of shares in the region the MSCI Asia Pacific index has now fallen 20.3% from the year-to-date high set on 29 January, representing an official bear market. In Australia the benchmark ASX200 closed down 164 points or 2.8% as it suffered its fifth straight day of losses. The Vix fear index, which measures volatility across the market, has spiked sharply this week and was up 21% overnight. This sell-off makes us think the market may be set for capitulation, said Shoji Hirakawa, chief global strategist at Tokai Tokyo Research Center. We haven't thought that selling would be this steep. (news.financializer.com). As reported in the news.

president: The President of European Central Bank Mario Draghi said he's confident an agreement will be found over Italy's budget, according to The Toronto Star. Michael Probst / AP President Mario Draghi said at a news conference that recent economic indicators suggested the eurozone economy was seeing somewhat weaker momentum from high levels last year. The central bank for the 19 countries that use the euro left its key interest rates and the end-date for its stimulus program unchanged at its meeting in Frankfurt, Germany. Is this enough of a change to make us change the baseline scenario he said. The economy has slowed in the face of a range of risks from the possibility that Britain might leave the European Union without an exit deal in March 2019, to increasing trade protectionism and Italy's dispute with EU authorities over its spending plans. The answer is no. (news.financializer.com). As reported in the news.

shares: The torrid losses for AMP came amid a world-wide selloff on Thursday, with shares in the Asia Pacific plunging into bear market territory, wiping billions off the values of companies, after a rout in technology shares saw the largest daily decline on the Nasdaq in the United States since 2011, according to The Guardian. Australia's benchmark ASX 200 index suffered its fifth straight day of losses, closing down 164.9 points or 2.8%, ensuring all its gains from the past 12 months were erased. The once-proud insurer, which opened its doors in 1849, lost nearly a quarter of the value of its stock on Thursday plummeting 24.47% after it revealed investors had shifted 1.5bn out of its wealth management business in the September quarter alone, and announced plans to sell its life insurance arm. Concerns about rising US borrowing costs and a slackening in global growth have fueled the selloff but Nick Twidale, chief operating officer for Rakuten Securities in Australia, said the situation could get worse before it gets better. It told the stock exchange its wealth management business saw net cash outflows of 1.5bn between July and September, up from 243m in the corresponding period last year, due to weaker inflows and elevated levels of outflows in part following AMP's appearances at the royal commission . AMP executives endured a series of humiliations at the commission hearings this year, including revelations that AMP charged fees for no service and levied fees on customers who had already died. Until we see something tangible to change investor sentiment then I think we've got more downside coming for global stock markets, growth expectations and risk assets, he said FTSE 100 hits seven-month low as global stock market rout spreads - business live Read more But AMP's continuing annus horribilis took the spotlight, sparked by an admission of how damaging the banking royal commission has been for its reputation. (news.financializer.com). As reported in the news.

source bloomberg: Source Bloomberg More From Bloomberg Surveillance' Full Show 10/26/2018 18 hours ago02 1210-Year Rises to 4% on Quarterly Fed Rate Hikes, RDQ's Ryding Says02 18Citigroup's Morse Sees Oil Market Tightening in Fourth Quarter02 14China Concerns Dominate Investor Sentiment, Deutsche Bank Says All episodes and clips Bloomberg Markets Bloomberg Markets is focused on bringing you the most important global business and breaking markets news and information as it happens, according to Bloomberg. More episodes and clips01 47 02'Bloomberg Markets The Close' Full Show 10/26/2018 02 57How Options Strategist Steve Sosnick Is Trading the QQQ04 07Former FBI Special Agent Reacts to 'Fast-Moving' Bomb Scare Probe47 55'Bloomberg Markets Balance of Power' Full Show the world with Bloomberg News More episodes and clips03 03How Women in the Mideast Are Advancing02 53China's Tech Giants Aren't Copycats Anymore02 33Taking From the Rich Might Not Help the Poor02 43It's Getting Harder to Spot a Deep Fake Video The David Rubenstein Show The David Rubenstein Show Peer-to-Peer Conversations explores successful leadership through the personal and professional choices of the most influential people in business. He speaks with Bloomberg's Francine Lacqua on Bloomberg Surveillance. More episodes and clips24 05The David Rubenstein Show Christine Lagarde24 05The David Rubenstein Show Barry Diller48 11The David Rubenstein Show Jeff Bezos24 03The David Rubenstein Show Dr. Jim Yong Kim See all shows (news.financializer.com). As reported in the news.

trade tensions: Trader Michael Capolino works on the floor of the New York Stock Exchange, according to The Toronto Star. Stocks have swooned over the last three weeks as investors worried about a sea of troubles, including rising interest rates, the trade tensions between the U.S. and China and slowing economies outside the U.S. Richard Drew / AP As of Thursday, the S&P 500 index had plunged 7.5 per cent in about three weeks, with two separate six-day losing streaks. Stocks have swooned over the last three weeks as investors worried about a sea of troubles, including rising interest rates, the trade tensions between the U.S. and China and slowing economies outside the U.S. All of which could impair profit growth for U.S. companies. It hadn't had a streak of losses that long since right before the November 2016 presidential election. Another big loss could push the index into what Wall Street calls a correction - a drop of 10 per cent or more from the latest high. There have been a few big gains recently, including Thursday, but with four trading days left in October the index is on track for its worst month in seven years. (news.financializer.com). As reported in the news.

brexit: The latest snapshot from the Guardian's Brexit dashboard does, however, show British workers benefiting from the strongest pay growth in almost a decade, unemployment at the lowest level in 40 years, and inflation dropping by more than expected, according to The Guardian. Despite handing a reprieve to cash-strapped families, economists have warned that the storm clouds connected to Brexit are gathering for the UK economy. Ahead of what will probably be the last UK budget in more than 40 years of EU membership, stock markets have plunged in the face of a cocktail of geopolitical risks, raising the spectre of Britain going it alone just as the world economy enters a tougher period. Writing in the Guardian, Andrew Sentance, a former member of the interest rate-setting monetary policy committee at the Bank of England, urged the chancellor to take decisive action to maintain business confidence. Brexit won't allow it Read more Despite some positive economic news over the summer, we may well see some harsher economic conditions as we move through the autumn and winter and into 2019, he said. Philip Hammond can't announce an end to austerity. (news.financializer.com). As reported in the news.

chinese market: Source Bloomberg More From Daybreak Asia01 36 20Bloomberg Daybreak Asia Full Show 10/26/2018 8 hours ago02 23Japan-China Relations Will Be in Very Good Shape, Says Professor Takahara12 hours ago04 28All FAANGs Fall as Amazon, Alphabet Revenue Miss12 hours ago03 38Chinese Market Will Stabilize, Says Kiwoom Securities' Yoo12 hours ago All episodes and clips Bloomberg Markets Bloomberg Markets is focused on bringing you the most important global business and breaking markets news and information as it happens, according to Bloomberg. More episodes and clips03 51U.S. Economy Moving Into Overheating, Carmignac Gestion Says12 26Ramaphosa Says South Africa's 100 Billion Investment Drive Ahead of Target05 10Fitch Ratings Has a Negative Sector Outlook on Indian Banks03 00See More Volatility in Markets in 4Q, Says JPMorgan's the world with Bloomberg News More episodes and clips03 03How Women in the Mideast Are Advancing02 53China's Tech Giants Aren't Copycats Anymore02 33Taking From the Rich Might Not Help the Poor02 43It's Getting Harder to Spot a Deep Fake Video The David Rubenstein Show The David Rubenstein Show Peer-to-Peer Conversations explores successful leadership through the personal and professional choices of the most influential people in business. He speaks on Bloomberg Daybreak Asia. More episodes and clips24 05The David Rubenstein Show Christine Lagarde24 05The David Rubenstein Show Barry Diller48 11The David Rubenstein Show Jeff Bezos24 03The David Rubenstein Show Dr. Jim Yong Kim See all shows (news.financializer.com). As reported in the news.

index: European shares opened higher on Wednesday, taking a cue from Asia where MSCI's Asian ex-Japan index closed flat following a bounce in China where local media reported authorities were mulling allowing insurance firms to invest in equities, according to Nine News Australia. A pan-European equity index rose 0.6 per cent, after approaching two-year lows on Tuesday, shrugging off poor bank earnings, while MSCI's all-country index hovered just off flat after touching one-year lows. To improve your experience update it here News World World stocks eyeing sixth day in the red9 18pm Oct 24, stocks have marked a sixth straight day of losses as fears about global economic growth kept sentiment fragile, with Wall Street tipped for a weak open and oil prices languishing near two-month lows. Chinese shares closed 0.3 per cent higher. But underlying it all are half a dozen issues that are worrying investors and none of them are going away soon. We've got to accept that in this correction we have had 'on' and 'off' days' - a few days back markets were buoyant on back of an announcement from China on fiscal, monetary and regulatory stimulus, then another day, there are earnings reports that are perceived by investors to be bad, said Andrew Milligan, head of global strategy at Aberdeen Standard Investments. (news.financializer.com). As reported in the news.

lettings ltd: The flats had cost around 60,000 each in 2013 and were all rented to residents claiming housing benefit, according to The Guardian. The company was prosecuted for licensing offences. Mill View tower, a 16-storey former council-owned high rise in Toxteth, attracted 13 prosecutions last year for Elite Property Management and Lettings Ltd, a local firm that was managing 13 of the flats. The discovery of the building's story described as shocking by two local MPs has prompted calls for some landlords to have their properties seized and housing benefit rental payments withheld. In total, about 80% of the block was owned by international investors, with only 12 of the tower's 64 flats UK-owned, when the inspectors called. When environmental health officers inspected the block in April 2016, 11 out of the 13 flats that were later the focus of the prosecutions were owned by overseas investors based as far away as Russia, the United Arab Emirates, Singapore and Malaysia. (news.financializer.com). As reported in the news.

tanya plibersek: Facebook Tweet Mail The Opposition is promising to get more Australians to study languages to take advantage of the economic opportunities of the so-called Asian century, according to Nine News Australia. Shadow Education Minister, Tanya Plibersek, has announced an eight-part package, including 100 scholarships a year for Asian language native speakers, and top performers in Year 12, to study teaching. To improve your experience update it promising language studies for Aussies in 'Asian century'By Lane Calcutt Political Reporter8 52am Oct 25, 2018Shadow Education Minister, Tanya Plibersek, has announced an eight-part package, including 100 scholarships a year for Asian language native speakers. It also includes intensive training for 5000 principals and senior teachers, improving Asian language curriculum material from pre-school to Year 12, and a whole-of-government audit of Australian and state government literacy and language education policies. AAP Asia is home to the fastest growing middle class on earth, Ms Plibersek said. The package comes on top of previously announced policies aimed towards taking advantage of a burgeoning Asian middle class. (news.financializer.com). As reported in the news.

p index: Canadian dollars fall in a photo illustration in Vancouver from 2011, according to The Toronto Star. JONATHAN HAYWARD / THE CANADIAN PRESS In New York, the Dow Jones industrial average was down 608.01 points to 24,583.42. The S&P/TSX composite index closed down 2.5 per cent or 376.04 points to 14,909.13. The S&P 500 index lost 84.59 points to 2,656.10, while the Nasdaq composite shed 4.4 per cent or 329.14 points to 7,108.40. The December crude contract was up 39 cents at US 66.82 per barrel and the December natural gas contract was down 5.6 cents at US 3.23 per mmBTU. Article Continued Below The December gold contract was down US 5.70 at US 1,231.10 an ounce and the December copper contract was essentially unchanged at US 2.76 a pound. The Canadian dollar traded at an average of 76.75 cents US compared with an average of 76.35 cents US on Tuesday in the wake of the Bank of Canada's decision to raise its key interest rate by a quarter of a percentage point to 1.75 per cent. (news.financializer.com). As reported in the news.

steel prices: Caterpillar said Manufacturing costs were higher due to increased material and freight costs, according to The Guardian. Material costs were higher primarily due to increases in steel prices and tariffs. Shares in the US firm, considered a bellwether for the manufacturing sector, fell more than 7% after it failed to raise its 2018 earnings forecast, prompting fears that a slowdown may be ahead. Freight costs were unfavorable primarily due to supply chain inefficiencies as the industry continues to respond to strong global demand. However, the company kept the 2018 adjusted profit per share outlook of 11.00 to 12.00 per share unchanged, which did not go down well with investors expecting another upward revision in the earnings guidance. Share fell even though Caterpillar reported with adjusted profit rising to 2.86 a share in the third quarter, from 1.95 a share last year. (news.financializer.com). As reported in the news.

partner amy: Chris Thomson and his partner Amy say they are devastated after Chris's mother turfed them from the confectionary company they say they helped build, according to Nine News Australia. We worked extremely hard to get Noosa Chocolate Factory to where it is today, Chris said. To improve your experience update it empire's Shakespearean' family feud By A Current Affair7 42pm Oct 24, 2018Facebook Tweet MailA family's split down the middle over a multi-million dollar chocolate business has been compared to a Shakespearean tragedy by a judge in court. Chris and Amy Thomson say they are devastated after Chris's mum Pam kicked them out of the family business. Chris said it had originally been a family business, launched with the aid of an inheritance received by his mother Pam Thomson. A Current Affair Then in April, for a motive we're still unsure of, we were told we had nothing to do with the business ever again. (news.financializer.com). As reported in the news.

tickets: It's the largest US jackpot won by a single ticket, and it's the nation's second-largest jackpot ever, just short of a 1.586 billion Powerball prize split by three tickets in January 2016, according to CNN. Now the big question is Who won Sign the back of that ticket . Take a few days. Who's the 1.5 billion Mega Millions winner We may never know The winning numbers -- 5, 28, 62, 65 and 70, with a Mega Ball of 5 -- were sold at a KC Mart gas station and convenience store in upstate South Carolina outside Simpsonville, a city of about 18,000 near Greenville. Take that deep breath again. Read More KC Mart, which sold the winning ticket, attracts visitors Wednesday near Simpsonville, South Carolina. context Image Object name KC Mart, which sold the winning ticket, attracts visitors Wednesday near Simpsonville, South KC Mart, which sold the winning ticket, attracts visitors Wednesday near Simpsonville, South Carolina. url owner CJ Patel was shaking right now, with goose bumps while absorbing the news his establishment -- some five miles from the nearest interstate -- sold the winning ticket, he told CNN affiliate WYFF in Greenville shortly before the news briefing. Then call the lottery, South Carolina Education Lottery Chief Operating Officer Tony Cooper said at a Wednesday news conference outside the store where the ticket was sold. (news.financializer.com). As reported in the news.

bellweather caterpillar: Investors were keeping a keen eye on US corporate earnings, with industrial bellweather Caterpillar, 3M and Lockheed Martin reporting results, according to Nine News Australia. Caterpillar shares fell 5.4 per cent in premarket trading after the company reported better-than-expected quarterly results, but blamed US tariffs for rise in costs.3M Company also fell 7.1 per cent after its third-quarter sales missed estimates. To improve your experience update it here News World Futures slump on global risk off sentiment11 01pm Oct 23, 2018Facebook Tweet MailUS stock index futures have tumbled as concerns over Saudi Arabia's political situation, Italy's finances and trade war fears hit risk appetite across the globe. Profits of S&P 500 companies are expected to have jumped nearly 22 per cent in the third quarter, according to Refinitiv data. US markets have been torn between solid earnings reports and worries about rising US interest rates and global growth. But many investors are focusing on the outlook for future growth due to concerns over trade, rising costs and other factors. (news.financializer.com). As reported in the news.