Raab Resigns as Britain's Brexit Minister

May told MPs: "Delivering Brexit involves hard choices for all of us". "Faced with a bad deal and a catastrophic no deal, the British public must be given the final say, with staying in the European Union an option on the ballot paper". On Thursday... More..

by | Published 18 hours ago
Oil prices slip on concerns of looming oversupply, economic downturn
by | Thursday, November 15, 2018

Oil prices slip on concerns of looming oversupply, economic downturn

U.S. West Texas Intermediate (WTI) crude oil futures ended Wednesday's session up 56 cents, or 1 percent, at $56.25 per barrel. Front-month Brent crude oil futures were trading at $65.88 per barrel at 044...More..

Wall Street closes with heavy losses, Dow Jones down 2.32%
by | Thursday, November 15, 2018

Wall Street closes with heavy losses, Dow Jones down 2.32%

On Wall Street, the futures for the Standard & Poor's 500 and for the Dow Jones Industrial Average were both up 0.6 percent. In Canada, meanwhile, Toronto's TSX was also still rushing upwards to rise by almos...More..

Amazon delivers news of HQs in NY and Washington DC
by | Wednesday, November 14, 2018

Amazon delivers news of HQs in NY and Washington DC

The company plans to employee more than 25,000 people at each location. "We are witness to a cynical game in which Amazon duped NY into offering unprecedented amounts of tax dollars to one of the wealthiest...More..

Crude mood: Oil enters bear market, plunging most since 2015
by | Wednesday, November 14, 2018

Crude mood: Oil enters bear market, plunging most since 2015

Futures in NY held losses after plunging 7.1 percent in the previous session in the biggest one-day drop in more than three years. USA crude futures lost $3.59, or 6 per cent, to hit $56.35 a barrel, lowest s...More..

United Kingdom and European Union agree text of draft withdrawal agreement
by | Wednesday, November 14, 2018

United Kingdom and European Union agree text of draft withdrawal agreement

The development will put the spotlight firmly on the internal battles within the British government over the terms under which Britain will leave the EU. Political leaders in Northern Ireland have given a mixed...More..

What is output of OPEC, non-cartel partners talks in Abu Dhabi?
by | Wednesday, November 14, 2018

What is output of OPEC, non-cartel partners talks in Abu Dhabi?

Bart Melek , head of global commodity strategy at TD Securities , observed, "That gave people pause that there may be strong lobbying about to occur from the White House trying to persuade OPEC [the Organiz...More..

Apple Shares Tumble Along With iPhone Suppliers As Sales Dry Up
by | Tuesday, November 13, 2018

Apple Shares Tumble Along With iPhone Suppliers As Sales Dry Up

Following a poor forecast earlier this month, analysts and investors expressed concerned about Apple's prospects and said its smartphone sales might be stagnating. If demand for newer, pricier iPhones wanes, Ap...More..

Deals being offered this Veterans Day
by | Tuesday, November 13, 2018

Deals being offered this Veterans Day

Veterans Day is Sunday and observed Monday and restaurants and businesses across Piedmont Triad will offer discounts, free meals and special deals to veterans and members of the military. To celebrate the co...More..

Amazon Will Split HQ2 Between NY, Northern Virginia
by | Tuesday, November 13, 2018

Amazon Will Split HQ2 Between NY, Northern Virginia

The source, who is familiar with the matter, told Reuters that Amazon will also announce a significant investment in one other city, in addition to revealing the two HQ2 locations. And forgoing too many f...More..

Probe Launched After Pilots Report Light Speed UFO Sightings in Irish Sky
by | Tuesday, November 13, 2018

Probe Launched After Pilots Report Light Speed UFO Sightings in Irish Sky

Another pilot who witnessed the UFO sighting revealed that these unidentified flying objects were apparently traveling at twice the speed of sound. Air traffic control responds that no such exercises are visi...More..

by | Tuesday, November 13, 2018

Oil producers see oversupply, eye cutting output

Saudi Arabia will reduce oil supply next month in response to lower demand, and more cuts could follow next year. USA energy firms had last week added 12 oil rigs in the week to November 9 looking for new re...More..

Oil prices rise by more than 1% after Saudi announcement
by | Monday, November 12, 2018

Oil prices rise by more than 1% after Saudi announcement

Saudi Arabia will cut its December oil output by 500,000 barrels per day in comparison to November's output, the kingdom's Energy Minister Khalid al-Falih said at the meeting of the Joint Ministerial Monitoring...More..

WRAPUP 2-Fed holds interest rates steady, says economy remains on track
by | Monday, November 12, 2018

WRAPUP 2-Fed holds interest rates steady, says economy remains on track

The Fed chose to maintain the target range for the federal funds rate at 2 to 2.25 per cent, the central bank said in a statement after concluding a two-day policy meeting, Xinhua news agency reported. Analysts...More..

China's 'Singles' Day' on track to beat $25 billion sales record
by | Sunday, November 11, 2018

China's 'Singles' Day' on track to beat $25 billion sales record

A giant screen displays sales on Alibaba's online marketplace Tmall for Singles' Day shopping spree in Shanghai , east China, Nov. 11, 2018. By the first 35 minutes of the shopping festival, GMV exceeded 5...More..

After employee protest, Google unveils steps to tackle workplace harassment
by | Sunday, November 11, 2018

After employee protest, Google unveils steps to tackle workplace harassment

On Thursday, Google CEO Sundar Pichai - who was publicly supportive of the walkout, likely because reacting any other way would be a bad PR look for an already tarnished organization - announced that the compan...More..

Jo Johnson resigns as minister over Brexit
by | Sunday, November 11, 2018

Jo Johnson resigns as minister over Brexit

Jo Johnson , who supported Remain in the referendum campaign, delivered a stinging rebuke to Mrs May's Brexit position as he walked out of Government in protest. Johnson is the 14th minister to have resigned ...More..

Target & Walmart release Black Friday ads for holiday shoppers
by | Sunday, November 11, 2018

Target & Walmart release Black Friday ads for holiday shoppers

Update, Nov. 8: Adds corrected information about Walmart's store hours on Nov. 21 and 22. The countdown to one of the biggest shopping events in the calendar year has now begun, with millions of shoppers ...More..

Concerns for Belfast as Bombardier prepares to axe 5,000 jobs
by | Sunday, November 11, 2018

Concerns for Belfast as Bombardier prepares to axe 5,000 jobs

While the job cuts will save Bombardier about $250 million at full run-rate, the various other changes are all aimed at "optimizing production and management processes, flattening management structures and furt...More..

Brent falls below $70 as USA crude enters 'bear market'
by | Friday, November 09, 2018

Brent falls below $70 as USA crude enters 'bear market'

Companies that monitor Iran's shipments are already seeing a drop in tanker activity this month. (CNPC) said on Friday it was still taking oil from Iranian fields in which it has stakes. The key driver ...More..

Tesla replaces Elon Musk, names Telstra executive Robyn Denholm as chairperson
by | Thursday, November 08, 2018

Tesla replaces Elon Musk, names Telstra executive Robyn Denholm as chairperson

Ms Denholm, who has spent four years on Tesla's board, is chief financial officer and head of strategy at Telstra, Australia's biggest telecommunications company. "I look forward to helping Elon and the Tesla t...More..

Passengers create stink over pungent planeload of durian
by | Thursday, November 08, 2018

Passengers create stink over pungent planeload of durian

Passengers watched from the side as the fruit was taken off the flight, reboarded, and took off after about an hour delay . An Indonesian airline was forced to delay a flight on Monday after the pungent sm...More..

United States exempts India-backed port in Iran from sanctions
by | Thursday, November 08, 2018

United States exempts India-backed port in Iran from sanctions

In addition, Afghanistan will be allowed to continue importing Iranian petroleum products, the spokesman said. India has invested $500 million (approximately Rs 3,600 crore at current exchange rate) in the ...More..

Red Wall: Democratic Surge Fails To Erase Senate Republican Majority
by | Wednesday, November 07, 2018

Red Wall: Democratic Surge Fails To Erase Senate Republican Majority

Unlike past presidents facing potentially unfavourable mid-term elections, Mr Trump hasn't shied from the spotlight - and it looks like he's succeeded in making this vote about him. REUTERS/Michelle McLoughlin ...More..

Trump wants to impose sanctions gradually on Iran's oil
by | Wednesday, November 07, 2018

Trump wants to impose sanctions gradually on Iran's oil

Meanwhile, it has been noticed that the European Union did not get a waiver for continuing oil imports from Iran. Those countries include China , India , South Korea, Japan and Turkey . "The refusal of EU ...More..

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