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Articles by Erik Swarts
A Big, Bullish Argument For The US Dollar
"I am sitting inside the truck, watching a screen. The truck reels the tool back up out of the hole, slowly - more slowly than if you were reeling it in by hand - and foot by foot, the tool passes through all that dark mystery of time, emitting signals and picking up signals. I watch the tool's response to the formations it passes through on my screen, little green blips of radioactivity, and like an EKG, each blip indicates something... I love to log wells.
On TV, France's Macron looks to style, viewers question substance By R
© Reuters. French President Emmanuel Macron is seen before his first long live television interview on prime time at the Elysee Palace in Paris By Luke Baker PARIS (Reuters) - Never let it be said that President Emmanuel Macron doesn't care about how he comes across.
Ecclestone moving to Switzerland after F1 exit By Reuters
© Reuters. Formula One - F1 - Russian Grand Prix By Alan Baldwin LONDON (Reuters) - Formula One's former commercial supremo Bernie Ecclestone is moving further away from the sport he ruled for decades by relocating to Switzerland. The Briton, who will be 87 this month, was ousted in January after U.S.-based Liberty Media (NASDAQ:FWONA) took control and gave him an undefined role as emeritus chairman.
White House pitches corporate tax cut as win for workers By Reuters
© Reuters. White House pitches corporate tax cut as win for workers By Mike Stone WASHINGTON (Reuters) - The Trump administration said in an analysis released on Monday that middle-class Americans would see incomes eventually rise more than $4,000 if President Donald Trump's corporate tax cuts were enacted, seeking to counter Democratic criticisms that its tax proposals overwhelmingly benefit the rich.
Highlights from Sunday's NHL games By Reuters
© Reuters. NHL: Buffalo Sabres at Anaheim Ducks (The Sports Xchange) - Highlights from National Hockey League games on Sunday: Sabres 3, Ducks 1 Benoit Pouliot scored the decisive goal late in the second period, and goaltender Chad Johnson made 25 saves as the Buffalo Sabres beat the Anaheim Ducks 3-1 on Sunday. Buffalo (1-4-1) earned its first win of the season, outshooting the Ducks 31-26. It was coach Phil Housley's first victory with the club.
IBEX Drops on Fresh Political Concerns, Other European Markets Mixed B
Spanish stock exchange Investing.com - Spain's benchmark index moved lower on Monday, amid fresh concerns over the country's political turmoil, while the other European markets were mixed. The EURO STOXX 50 eased 0.08%, France’s CAC 40 inched up 0.07%, while Germany’s DAX 30 added 0.17% and Spain's IBEX 35 was down 0.67% by 03:40 a.m. ET (07:40 GMT).
Islamic State claims two rockets fired from Sinai into Israel By Reute
Islamic State claims two rockets fired from Sinai into Israel CAIRO (Reuters) - Islamic state has claimed responsibility for two rockets fired on Sunday from Egypt's Sinai peninsula into Israel, an official statement by the group said on Monday. "The fighters confronted Israeli jets that flew above the state and targeted the Eshkol compound with two Grad rockets," the statement said. There were no immediate reports of injuries or damage and the group did not provide evidence for its claim.
Field commander in U.S.-backed SDF expects Raqqa fight to end Monday B
Field commander in U.S.-backed SDF expects Raqqa fight to end Monday BEIRUT (Reuters) - A field commander for the U.S.-backed Syrian Democratic Forces (SDF) in Raqqa said the alliance was carrying out clearing operations against Islamic State and expected to control the city by the end of Monday.
Observers see 'significant and numerous' problems at Kyrgyzstan vote B
© Reuters. Members of a local electoral commission empty a ballot box at a polling station after a presidential election in Bishkek BISHKEK (Reuters) - European observers said on Monday there were "numerous and significant procedural problems" during the count in Kyrgyzstan's presidential vote, but praised the orderly transfer of power in the volatile ex-Soviet state.
In New Hampshire, Indonesian Christians caught in Trump immigration crackdown
In New Hampshire, Indonesian Christians caught in Trump immigration crackdown By Scott Malone MANCHESTER, N.H. (Reuters) - Since fleeing deadly violence in Indonesia two decades ago, Meldy and Eva Lumangkun built a life in suburban New Hampshire and raised four children, their illegal status long tolerated by U.S. immigration authorities.
Deutsche Bank downgrades Adobe on channel checks By Seeking Alpha
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Golf: Hatton stays grounded as hot streak continues By Reuters
© Reuters. Golf - European Tour - Alfred Dunhill Links Championship By Neil Robinson LONDON (Reuters) - Tyrrell Hatton hardly got carried away after winning his second successive tournament on Sunday. The 26-year-old Englishman may be on golf's hottest streak right now after bagging almost two million dollars in eight days, but the 25-year-old chose to celebrate winning the Italian Open by taking his caddie out for a burger.
Turner blasts Dodgers past Cubs, into 2-0 NLCS lead By Reuters
© Reuters. MLB: NLCS-Chicago Cubs at Los Angeles Dodgers (The Sports Xchange) - Los Angeles Dodgers third baseman Justin Turner hit a game-winning, three-run home run in the bottom of the ninth inning of Game 2 of the National League Championship Series to give the Dodgers a 4-1 victory over the Chicago Cubs on Sunday. The win gave the Dodgers a 2-0 lead in the best-of-seven series and plenty of momentum heading to Chicago for Game 3 on Tuesday.
Carrefour appoints FNAC Darty's Malige as new CFO By Reuters
© Reuters. FILE PHOTO: A drive pick-up point of a Carrefour hypermarket is pictured in Bordeaux, Southwestern France PARIS (Reuters) - Carrefour (PA:CARR) named Matthieu Malige as finance director on Monday, two months after the world's second-biggest supermarket retailer behind Wal-Mart (N:WMT) warned on its 2017 operating profit. Malige, previously in charge of group finances at FNAC Darty (PA:FNAC), will replace Pierre Jean Sivignon who is resigning.
German ambassador warns that internet controls could harm companies, isolate China
© Reuters. Hooded man holds laptop computer as blue screen with an exclamation mark is projected on him in this illustration picture BEIJING (Reuters) - China's internet restrictions have struck a "new blow" against foreign companies working there, Germany's ambassador said on Monday, warning that such moves could undermine Beijing's political and commercial ties with the world.
Ryanair cancels flights as rare hurricane impacts Ireland By Seeking A
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U.S.-led air strikes continue in Islamic State-held Raqqa: coalition B
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Enrich the conversation Stay focused and on track. Only post material that’s relevant to the topic being discussed. Be respectful. Even negative opinions can be framed positively and diplomatically. Use standard writing style.
Italy's undersecretary not aware of talks with Telecom Italia over network spin-off
Italy's undersecretary not aware of talks with Telecom Italia over network spin-off PRATO, Italy - (Reuters) - The Italian government is not currently talking to Telecom Italia (MI:TLIT) about the idea of spinning off the group's fixed-line network, a junior minister said on Monday.
Japan ruling bloc heads for big election win despite voter distaste for PM Abe: poll
© Reuters. Japan's Prime Minister Shinzo Abe, who is also ruling Liberal Democratic Party leader, shakes hands with his supporters after an election campaign rally in Fukushima By Linda Sieg TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe's ruling coalition is on track for a big win in Sunday's general election - even though almost half the country's voters don't want him to keep his job, a media survey showed on Monday.
Cambodia's parliament votes for party law changes as opposition future in limbo
© Reuters. Cambodia's PM Hun Sen registers as he arrives before a plenary session at the National Assembly of Cambodia in central Phnom Penh By Prak Chan Thul PHNOM PENH (Reuters) - Cambodia's parliament voted to change party laws on Monday to re-distribute seats if a party is dissolved after the government filed a lawsuit earlier this month to dissolve the main opposition party, part of an escalating political crisis. Lawyers from the interior ministry filed a lawsuit on Oct.
Forex - AUD/USD Edges Lower in Late Trade, Kiwi Holds Steady By Invest
© Reuters. Aussie slips lower, kiwi holds steady vs. greenback Investing.com - The Australian dollar edged lower against its U.S. counterpart on Monday, while the New Zealand dollar held steady as the greenback recovered from some of the losses posted after Friday's disappointing U.S. inflation data. AUD/USD slipped 0.23% to 0.7877. The greenback weakened after data on Friday showed that U.S. consumer prices rose less than expected in September, both on a monthly and annual basis.
ECB's Nouy expects Spanish banks to meet capital demands -paper By Reu
ECB's Nouy expects Spanish banks to meet capital demands -paper FRANKFURT (Reuters) - The European Central Bank's chief supervisor expects Spanish banks to meet their capital requirements and the remaining demands set by the ECB under so-called Pillar II rules, she said in an interview published on Monday.
Catalan leader fails to clarify independence stance in letter to Spanish PM
© Reuters. Catalan President Carles Puigdemont attends a memorial event at the tomb of former president of the Generalitat, the regional government, Lluis Companys in Barcelona, MADRID (Reuters) - Catalan leader Carles Puigdemont on Monday failed to clarify whether he had declared Catalonia's independence from Spain last week, paving the way for the central government to take control of the region and rule it directly.
Forex - Euro Lower as Political Woes Weigh, Dollar Pushes Higher By In
© Reuters. Euro lower as political woes weigh, dollar pushes higher Investing.com - The euro was lower against the dollar on Monday as concerns over political uncertainty in the euro area weighed while the dollar pushed higher despite Friday’s soft U.S. inflation data. EUR/USD was down 0.23% to 1.1794 by 03:26 AM ET (07:26 AM GMT), the lowest level in almost a week.
Top 5 Things to Know in the Market on Monday By Investing.com
© Reuters. Top 5 things to know today in financial markets Investing.com - Here are the top five things you need to know in financial markets on Monday, October 16: 1. Oil Prices Jump as Iraqi, Kurdish Forces Clash Near Kirkuk Oil prices rose to their best level in around three weeks, boosted by reports of escalating violence between Iraqi troops and Kurdish forces near Kirkuk. The province is home to some of Iraq’s main oil fields.
Baidu's iQiyi picks BofA, Credit Suisse, Goldman for U.S. IPO: IFR By
© Reuters. Photo illustration shows a person holding a phone with Baidu Inc's video streaming service iQiyi in Jinan HONG KONG (Reuters) - Baidu Inc's (O:BIDU) iQiyi, a Netflix (O:NFLX) style video streaming service in China, has picked three banks to help arrange a U.S. initial public offering (IPO) worth about $1 billion, IFR reported on Monday, citing people familiar with the plans.
Beijing proudly unveils mega-airport due to open in 2019 By Reuters
© Reuters. The construction site of new Daxing Airport is pictured on the outskirts of Beijing By Cate Cadell BEIJING (Reuters) - China's capital unveiled the "shining example" of its 80 billion yuan (£9.1 billion) new airport on Monday, tipped to become one of the world's largest when it opens in October 2019 amid a massive infrastructure drive overseen by President Xi Jinping.
Pakistan deports Turkish school network's former director and family B
© Reuters. FILE PHOTO - A man closes the main gate of PakTurk International Schools and Colleges in Islamabad By Saad Sayeed ISLAMABAD (Reuters) - Pakistan has deported a former director of a chain of private Turkish schools along with his family, former school officials said on Monday, the day set for a court hearing on the deportation.
Militants kill six in attack in Egypt's Sinai: security sources By Reu
Militants kill six in attack in Egypt's Sinai: security sources CAIRO (Reuters) - Four Egyptian policemen and two civilians were killed and 22 others were injured in an attack by militants on a security post in North Sinai province on Monday, security sources said. Egypt is fighting an insurgency against militants affiliated with Islamic State in the northern part of the Sinai Peninsula where hundreds of security forces have been killed since 2013.
Facebook helps children to fight cyber bullying in UK schools By Reute
© Reuters. FILE PHOTO: The Facebook application is seen on a phone screen LONDON (Reuters) - Facebook (NASDAQ:FB) said on Monday it would fund young "digital safety ambassadors" in every secondary school in Britain to help students tackle cyber bullying and other online dangers. The U.S company is partnering charities The Diana Award and Childnet International to train young people to act as mentors in 4,500 schools over the next two years, it said.
Viacom, Charter agree to extend renewal deadline: source By Reuters
© Reuters. FILE PHOTO: A woman exits the Viacom Inc. headquarters in New York (Reuters) - Viacom Inc (O:VIAB) and Charter Communications Inc (O:CHTR) agreed on a short-term extension of their renewal deadline, a source familiar with the matter said, as the companies aim to avoid the immediate blackout of Viacom networks. If no deal is reached, 16.6 million subscribers of Charter's Spectrum service will lose Viacom's networks, which include Comedy Central, MTV and Nickelodeon.
Death toll in Somalia bombing jumps to 263: medical workers By Reuters
© Reuters. Somali government forces secure the scene of an explosion in KM4 street in the Hodan district of Mogadishu MOGADISHU (Reuters) - At least 263 people were killed by twin bomb explosions in the hear of Somalia's capital Mogadishu, doctors said on Monday, confirming the deadliest attacks since an Islamist insurgency began in 2007.
Bengaluru building collapse kills at least five: officials By Reuters
Bengaluru building collapse kills at least five: officials BENGALURU (Reuters) - A multi-storey building collapsed in the south Indian city of Bengaluru on Monday, killing at least five people and injuring several, officials said. The accident occurred in a densely populated residential area in the south-east of the city after the suspected explosion of a cooking gas cylinder, they said. Rescue operations were under way, according to media reports.
Bombs kill Pakistani soldiers hunting U.S.-Canadian family's kidnappers
Bombs kill Pakistani soldiers hunting U.S.-Canadian family's kidnappers By Asif Shahzad ISLAMABAD (Reuters) - Bomb blasts killed a Pakistani army officer and three soldiers searching for the kidnappers of a freed U.S.-Canadian family in a tribal region bordering Afghanistan, Pakistani and U.S. officials said.
Forex - Dollar Remains Broadly Higher Vs. Other Majors By Investing.co
Dollar still on the upside, despite inflation data Investing.com - The U.S. dollar remained broadly higher against other major counterparts on Monday, despite Friday's disappointing U.S. inflation data, as political woes in Europe weighed in the single currency. The greenback had weakened after data on Friday showed that U.S. consumer prices rose less than expected in September, both on a monthly and annual basis.
Stronger currency shrinks euro zone trade surplus in August By Reuters
© Reuters. Stronger currency shrinks euro zone trade surplus in August BRUSSELS (Reuters) - Euro zone's trade surplus shrank in August as the stronger euro fueled an import boom that was only partly offset by a rise in exports, official estimates released on Monday showed. Although the euro has depreciated against the dollar from a 2017 peak in early September, it is still up more than 12 percent this year.
Soccer: France join top seeds for World Cup draw By Reuters
Soccer: France join top seeds for World Cup draw ZURICH (Reuters) - France will be among the top seeds for next month's World Cup draw after they climbed to seventh in the FIFA rankings published on Monday. The draw for next year's finals will be held in Moscow on Dec. 1 when the 32 eventual finalists will be divided into four pots according to their position in the rankings announced on Monday.
Toyota to test self-driving, talking cars by about 2020 By Reuters
© Reuters. Toyota logos are seen at City Toyota in Daly City, California TOKYO (Reuters) - Toyota Motor Corp (T:7203) on Monday said it would begin testing self-driving electric cars around 2020, which will use artificial intelligence (AI) to engage with drivers, as the company competes with tech firms to develop new vehicles.
Three biggest U.S. clearing houses pass liquidity stress tests: CFTC B
© Reuters. Three biggest U.S. clearing houses pass liquidity stress tests: CFTC By Michelle Price WASHINGTON (Reuters) - The three largest U.S. clearing houses have all passed stress tests assessing whether they could handle a major market shock, the country's derivatives regulator said on Monday.
Top international lawyers say Hong Kong rule of law under threat By Re
© Reuters. Student leaders Lester Shum, Alex Chow, Joshua Wong and Nathan Law hold hands as they walk into the High Court to face verdict on charges relating to the 2014 pro-democracy Umbrella Movement, in Hong Kong By Anne Marie Roantree HONG KONG (Reuters) - The jailing of three Hong Kong democracy activists this year is a serious threat to the city's rule of law, a group of senior international lawyers said on Monday, adding the independence of the judiciary risks becoming a "charade".
Indonesia considers ban on "destructive" LGBT-related TV content
© Reuters. FILE PHOTO: An Indonesian man is publicly caned for having gay sex, in Banda Aceh By Kanupriya Kapoor and Agustinus Beo Da Costa JAKARTA (Reuters) - Days after a long-running Indonesian television comedy aired last month, its producers got a letter from the broadcast commission warning that a male character in the show was "dressed and behaving like a woman" and could violate broadcasting standards.
Gold Prices Rise to 3-Week Top, Firming Above $1,300-Level By Investin
© Reuters. Gold Prices Rise to 3-Week Top Investing.com - Gold prices started the week on an upbeat note on Monday, supported by safe-haven demand as conflict between Iraqi and Kurdish forces broke out near the oil-rich city of Kirkuk.
Willett did not want to play golf after 2016 U.S. Masters title By Reu
© Reuters. The 146th Open Championship - Royal Birkdale (Reuters) - Danny Willett has detailed his struggles in the months following his U.S. Masters triumph last year in a blog, describing how he did not want to play golf as he did not feel good enough. The 30-year-old Englishman, who split with coach Pete Cowen, became the first defending champion since Canadian Mike Weir in 2004 to miss the cut at Augusta this year.
Economic Calendar: Top Things to Watch This Week By Investing.com
Investing.com - Fed Chair Janet Yellen is due to speak on Friday,other Fed speakers this week include Neel Kashkari, Stanley Fischer, William Dudley and Robert Kaplan. The 19th National Congress of the Communist Party of China is to kick off on Wednesday. China is also to release a spate of economic data including third quarter GDP, industrial production and retail sales.
U.S. Army Sergeant Bergdahl to enter plea in desertion case By Reuters
© Reuters. FILE PHOTO: U.S. Army Sergeant Bergdahl leaving the courthouse after an arraignment hearing for his court-martial in Fort Bragg By Colleen Jenkins FORT BRAGG, N.C. (Reuters) - U.S. Army Sergeant Bowe Bergdahl, accused of endangering the fellow soldiers who searched for him after he walked off his combat outpost in Afghanistan in 2009 and was captured by the Taliban, is scheduled to enter a plea in his case on Monday.
U.S. stock futures inch up as earnings head for higher gear By Reuters
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Enrich the conversation Stay focused and on track. Only post material that’s relevant to the topic being discussed. Be respectful. Even negative opinions can be framed positively and diplomatically. Use standard writing style.
Federer eyes ATP Finals title, top ranking after Shanghai triumph By R
© Reuters. Tennis - Shanghai Masters tennis tournament - Men's Singles Finals (Reuters) - Roger Federer is eyeing a seventh ATP Finals crown and has not ruled out pinching the world number one ranking from Rafa Nadal if he maintains the form that won him his second Shanghai Masters trophy on Sunday. The 19-times grand slam winner claimed his 94th title and sixth this year with an emphatic defeat of Nadal in the Shanghai final and is hungry for a first ATP Finals win since 2011.
Spanish shares lag European markets on Catalonia uncertainty By Reuter
© Reuters. The German share price index, DAX board, is seen at the stock exchange in Frankfurt MILAN (Reuters) - Spanish stocks lagged a steady European market in early deals on Monday, as uncertainty over the Catalonia crisis and a profit warning from renewables energy firm Siemens Gamesa weighed.
Copper Prices Surge Along with Other Metals on Bullish China Data By I
© Reuters. Copper soars to 3-year high on bullish China data Investing.com - Copper prices rallied to a three-year high on Monday, leading other industrial metals higher, after data showed China’s factory-gate prices shot up to a six-month high last month. China's producer price index rose 6.9% in September from a year ago, well above the 6.3% forecast, the National Bureau of Statistics (NBS) said earlier, in a sign manufacturing and construction activity remains robust.
BlackBerry shares down after another top exec leaves By Reuters
BlackBerry shares down after another top exec leaves (Reuters) - BlackBerry's (N:BB) (TO:BB) U.S.-listed shares fell almost 4 percent to $11.12 on Monday after a second senior executive from its licensing unit quit this month. Victor Schubert, a licensing director for BlackBerry, said on Friday he had left, following on the heels of Mark Kokes, who lead BlackBerry's overall patent strategy. Kokes joined a health technology company last month.
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