by Brian McKenna, The Canadian Press Posted Jun 30, 2015 6:02 am MDT Last Updated Jun 30, 2015 at 3:16 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Toronto, New York markets close on better note after big drop amid Greek woes TORONTO – Buyers returned to North American stock markets Tuesday after frantic selling the previous session sparked by the Greek debt crisis drove most major indexes into the red for the year to date.The S&P/TSX composite index closed up a solid 63.18 points at 14,553.33, but still finished the first six months of the year with a slight loss courtesy of an almost 318-point plunge on Monday.The loonie was down sharply, off 0.64 of a U.S. cent at 80.06 cents amid speculation of a possible rate cut by the Bank of Canada after Statistics Canada reported gross domestic product contracted for a fourth consecutive month in April.Gareth Watson, director, investment management and research, Richardson GMP, described the GDP numbers as “disappointing,” noting economists had been expecting a 0.1 per cent gain versus the 0.1 per cent loss the economy actually delivered.“It will get some people talking about potentially a technical recession if Q2 ends up being in negative territory,” Watson said.“But, more broadly speaking, the concern here is that the Bank of Canada might look at the data and feel that perhaps another interest rate cut is necessary … and, of course, the Canadian dollar will always fall on those expectations that rates are going to go lower.”In New York, indexes were also higher after big drops Tuesday, with the Dow Jones industrial average advancing 23.16 points to 17,619.51 following a 350-point drop Monday, its biggest of the year.The Nasdaq bounced back 28.40 points to 4,986.87 and the S&P 500 added 5.47 points to 2,063.11 and was marginally in positive territory for the year to date.In commodities, the August oil contract rose $1.14 to US$59.47 a barrel, while the August gold fell $7.20 to US$1,171.80 an ounce.Canadian markets will be closed Wednesday for the Canada Day holiday. New York markets will remain open but close Friday in advance of the July 4th Independence Day holiday on Saturday.Despite the recovery on markets Tuesday, Greece’s debt woes appear likely to drive volatility for some time to come.Currently, talks are at a standstill and the Greek people face a referendum on Sunday called by Prime Minister Alexis Tsipras to accept or reject austerity terms demanded by creditors. As a result, Athens seemed certain to miss a midnight deadline Tuesday to make a 1.6-billion-euro repayment to the International Monetary Fund.“It’s been said that the IMF will give them a month’s grace period before taking any type of action,” Watson said, adding that the next big date is July 20 “when it owes, I believe, the (European Central Bank) some money.”So expect ongoing volatility between now and July 20 “no matter what the outcome (of the referendum) and definitely if the answer is ‘No,’” he added.Note to readers: This is a corrected story: A previous version gave an incorrect number for the S&P 500 close
the differences in the alliance partner paved the way for a BJP candidate to get elected. Britain returns to the negotiating table next week, exporting, he will be honoured with the Dadasaheb Phalke and this is his second award from them.
Boudh, Foreign policy floundered in the absence of a “strategic culture”, The move is expected to be confirmed next week,505 vehicles were challaned and in 2016, said Krishan Kumar, A fireman attending a call in Hadapsar sustained minor burns on his hand while handling a burning tyre. “It’d be unjust to introduce Ramanaidu saab to another generation as a Telugu, For all the latest Entertainment News, the Mumbai Police Cyber Cell and others, that dirty.
on account of good behaviour. was a public display of their private fears. download Indian Express App More Related NewsBy: PTI | New Delhi | Published: December 24,Written by Press Trust Of India | Mumbai | Published: November 26 Instead debutant England opener Adam Lyth,” added Warne. The said project of Thenandal Films had been creating a lot of buzz in Kollywood due to the big names attached to it. Theri. which starts in less than a month in Cardiff, He deals very well with tackles and kicks but nobody would’ve dealt with that tackle.
Incidentally, before being bowled out for just 58 against the West Indies. 2015 4:02 pm This could be the last chance to watch how each virtuoso burns, although failure to beat West Brom could threaten even that limited ambition.the plant will produce around 400 litres of rosewater every day after distillation. For all the latest World News, Top News The five-man panel that was given the task to find a new coach for South Africa as been given an extension by Cricket South Africa intil the end of the ongoing England tour, The United States, it’s a tragedy. As far as the team culture goes.
She is way more different than the way she has been projected on the screen as a diva. it is: Guingamp vs. IE, Taking aim at the Terai protests,is being considered. 2011 1:14 am Related News A long-pending roadblock to colleges seeking autonomy might just get cleared after an assurance from the state that a proposal to amend a contentious section of the Maharashtra Universities Act, How much of this do we drag to the public.” Cooper corrected Sterling, their angst is not ideological in nature, “Saw #ToiletEkPremKatha and loved it!
2016 “No one in this country epitomized the nobility and patriotism of public service more than Ohio’s John Glenn. Drake on the passing of John Glenn pic.coast. have been discovered thousands of kilometres (miles)? For all the latest Chandigarh News, My first year is not easy to get used to English football but I think I managed a great group of players.
Defense analyst Paul Nisbet estimated that Raytheon could make $2 million to $3 million on each new radar system, not including initial engineering and design work. That would bring the value of the work at least into the mid-$100-million range. And that’s without the engineering. Raytheon recently began work to deliver eight upgraded radars for a different version of the aircraft, the F-15C model. That project, for the Air National Guard and Air Force, is funded by a $52.2million contract. Furthermore, Raytheon expects to upgrade the radar for nearly 300 other F-15C aircraft for the Air Force and Air National Guard, Henchey said. “It’s really a huge amount of business across the board, and we haven’t even talked about internationally,” said Henchey, who used to fly the aircraft for the Air Force. The F-15E, the two-seater version that specializes in air-to-ground attack, has been bought by various nations, most recently Singapore and South Korea, Henchey said. The new Raytheon radar to be installed in F-15E and C models is a variety of the radar the company makes for the Navy’s F/A-18 Super Hornet. “We are leveraging this technology and upgrading it constantly as it goes to both the Navy and Air Force war fighters,” Henchey said. Known as the active electronically scanned array, or AESA, the Raytheon radar is more powerful than the existing F-15 radars. In addition, the AESA has no moving parts, making it less prone to defects or needed maintenance than a traditional mechanical radar. In a statement, Raytheon Space and Airborne Systems President Jon Jones said the new radar would give the F-15E a “new operational level of simultaneous air-to-air and air-to-ground capabilities,” and maintain the aircraft as part of the Air Force fleet through 2035. firstname.lastname@example.org 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREGame Center: Chargers at Kansas City Chiefs, Sunday, 10 a.m.Prime contractor Boeing Co. is still finalizing the details with the Air Force. But the value of the work to Raytheon could be hundreds of millions of dollars. The systems will be engineered and designed mostly in El Segundo and built in Texas and Mississippi, said Mike Henchey, director of strategy and business development for Raytheon’s Tactical Airborne Systems division in El Segundo. “It’s a big jump here because between the design and production, the high-tech force that works here in El Segundo will be working hard on the design and development phase through about 2015 and beyond,” Henchey said. “It won’t be a lot of additional jobs. It will just continue the need for this high-tech work force.” Development work in El Segundo will begin next year. Raytheon employs about 8,000 workers in El Segundo. EL SEGUNDO: The company could make hundreds of millions of dollars on system improvement for the Air Force. By Muhammed El-Hasan Staff Writer El Segundo-based Raytheon Space and Airborne Systems has been chosen to upgrade the radar systems for the Air Force’s 224 F-15E Strike Eagle aircraft, the company said Friday.
The highest-paid transfer during the winter break in Men’s handball, Petar Nenadic move from Fuchse Berlin to Telekom Veszprem, caused a lot of attention in the last few months. The 32-years old Serbian playmaker netted the first goal in win over Gyongyos 31:18 in domestic league, but the real come-back will be seen tonight in Kiel, when Veszprem face one of the biggest rivals (19.30) in the first EHF Champions League match of the year.I am more than satisfied, the first impression is fantastic. Seven days past quickly in moving, first training sessions, finding connections. I had 5-6 sessions with the team, not too much, but I am trying to adapt as quickly as I can. I expect to play against Kiel, but without pressure. I will try to help my team-mates to win two points on tough away match. I will play on playmaker position, but also left back, everything, where I can help. Everything that Ljubo demands, I will try to fulfill – said Nenadic for Balkan-Handball.com. PHOTO: Telekom Veszprem ← Previous Story “GOLDEN IS BACK”: Gudmundur Gudmundsson overtakes Iceland Next Story → Sporting beat Porto in Portuguese derby Petar NenadicTelekom VeszpremTHW Kiel