Business
Reports of multiple casualties after incident in downtown Manhattan
SEVERAL people have been gunned down in lower Manhattan, cops have said. The department said it was unclear whether anyone was shot or whether the injured were all struck by the vehicle. Counter-terror police were searching the truck for explosives. The counter-terror unit is urging people to avoid the West Side Highway area as bomb squads are called into the area.
Business
Homebuilder Lennar to buy CalAtlantic Group in $9.3 bln deal
Shanghai Fosun Pharmaceutical (Group) Co Ltd, said it would buy French drug distributor Tridem Pharma S.A.S. for 63 million euros ($73 million), in a move to expand its market share in Europe and Africa. During the same period previous year, the business earned $0.83 EPS. The firm's revenue was up 166.0% on a year-over-year basis. As of the last earnings report the EPS was $3.63 and is expected to be $3.45 for the current year with 110,204,000 shares outstanding.
Business
Jet Airways flight diverted over 'threat letter'
Civil aviation minister Ashok Ganapathy Raju later tweeted, "I am informed that the person responsible has been identified". To the horror of the crew members, it had also directed the pilots to take the flight to POK and not stop at Delhi.
Business
Sprint stock dives 11% over report T-Mobile merger is off
Sprint and T-Mobile have reportedly broken off merger talks, unable to agree upon terms of ownership for the combined wireless giants, according to reports . SoftBank tried to buy T-Mobile once before, in 2014. Neither Sprint nor T-Mobile has yet to confirm the report, though the same sources appear to have confirmed the news during conversations with Reuters .
Business
Brent crude premium to WTI lures record United States flows
Meanwhile, WTI crude, the United States benchmark, rose 2.2 per cent to $53.81, a six month high. Oil prices pressed higher Friday, with Brent crude topping the elusive $60-a-barrel mark for the first time in more than two years amid hopes that OPEC will continue curbing output.
Business
Bound passengers face new security interviews at check
Transportation Security Administration. "These measures, both seen and unseen, include an enhanced screening of passengers and electronic devices as well as heightened security standards for aircraft and airports ", she said. Aer Lingus say that as Dublin and Shannon airports already have United States preclearance in operation, several of the new measures are already in place at the Irish airports .