OPEC asks U.S. to cut oil output and prosper global economy

On the New York Mercantile Exchange crude futures for June delivery rose 0.49% to $47.56 a barrel, while on London's Intercontinental Exchange, Brent gained 0.44% to $50.44 a barrel. The IEA now sees global oil demand growth of 1.3 million barrels ... More..

by | Published more than a month ago
by | Monday, May 15, 2017

Merkel's party overwhelms opponents in Germany's biggest state election

CDU General Secretary Peter Tauber crowed over the election results at a party gathering in Berlin , saying his party had "conquered the heart" of the SPD. The 55-year-old Kraft has regularly batted away pleas...More..

by | Monday, May 15, 2017

Oil prices back in the $40s, sink to 5-month low

Also, the recent policy decision by the USA government towards allowing drilling in the Arctic and Atlantic Ocean will ensure that U.S. oil and gas industry will maintain strong production in the coming years a...More..

by | Monday, May 15, 2017

Attorney General Sessions orders tougher drug crime prosecutions

This policy will probably lead to more convictions and a higher prison population. Policies implemented by Holder during the Obama Administration were aimed at reducing the number of non-violent offenders jai...More..

Here are the unanswered questions about Trump's 'tapes' warning to Comey
by | Monday, May 15, 2017

Here are the unanswered questions about Trump's 'tapes' warning to Comey

CNN said Comey is "not anxious about any tapes" Trump may have, citing an unnamed source familiar with the matter. "Is [Trump] now recording conversations taking place in the Oval Office?" Trump's spokeswoman...More..

by | Monday, May 15, 2017

Has Snap Inc. Stopped Growing, Giving Facebook More Growth Opportunities?

Earlier today, Snap Inc. Snap experienced an adjusted loss of $188.2 million, which was around $10 million higher than analysts expected it to be. The update changes the way users send Snaps to each other. ...More..

Fairfax Media: TPG Makes Revised Bid
by | Monday, May 15, 2017

Fairfax Media: TPG Makes Revised Bid

Fairfax's board said it is reviewing the revised proposal, but has noted that there is no guarantee it will lead to a firm offer or that the conditions, such as price, of a final offer will remain the same. Fai...More..

by | Monday, May 15, 2017

Bank warns of 'moderate' growth as it keeps interest rates at 0.25%

The forecast hinged on a "smooth" transition to Brexit, as well as a big pick-up in wage growth and stronger exports and investment - things the central bank has predicted before, but which have largely not mat...More..

SpaceX launches classified payload for US
by | Monday, May 15, 2017

SpaceX launches classified payload for US

SpaceX CEO Elon Musk said on Twitter that the mission launched successfully after almost being scrubbed by strong high-altitude winds. The launch was initially planned for Sunday, but was postponed in the l...More..

Kapil Mishra's mother accuses Kejriwal of spreading lies
by | Monday, May 15, 2017

Kapil Mishra's mother accuses Kejriwal of spreading lies

The competitive abstention from food unfolded as Jha, an AAP MLA from north Delhi, demanded that sacked Delhi minister Kapil Mishra provide details of his corruption allegation against party boss and chief mini...More..

by | Monday, May 15, 2017

Sysco Corporation (SYY) Executing On-Plan, But Priced In

EDT. The stock added in the prior trading session by 1.3%, closing at the stock price of $55.31. Quadrature Capital Ltd increased its stake in shares of SYSCO by 167.4% in the fourth quarter. This represents ...More..

by | Monday, May 15, 2017

G-7 nations seek ways to make growth help more people

The Treasury secretary said the administration's commitment to economic growth of 3 per cent would be good for the U.S. and for the global economy. Separately, the group, which includes the US, also reiterate...More..

by | Monday, May 15, 2017

Nigeria Chibok girls: 103 freed girls to go back to school

She said pictures of the 82 girls had been sent for their parents to confirm their identification as some have similar names. But he told the local Channels television station: "One said, "No, I have a husban...More..

by | Monday, May 15, 2017

Why Trade Desk Inc (TTD) Shares Are Soaring

Vetr upgraded Trade Desk from a "sell" rating to a "buy" rating and set a $40.00 target price for the company in a report on Thursday, March 30th. On average, analysts predict that Trade Desk will post $0.83 e...More..

by | Monday, May 15, 2017

Israeli cabinet approves defining Israel as Jewish nation

Defining Israel as the "national home of the Jewish people" has also raised concerns among rights activists and others anxious over discrimination and attempts to further mix religion and state. Netanyahu told ...More..

How Trump's Tax Plan Will Affect Utah
by | Monday, May 15, 2017

How Trump's Tax Plan Will Affect Utah

He also wants to eliminate most personal deductions excepting the mortgage interest, charitable, and retirement saving deductions. The plan would also repeal the estate tax , which would save an estimated $2...More..

Tension as Oil Price Sinks to a 5-month Low
by | Monday, May 15, 2017

Tension as Oil Price Sinks to a 5-month Low

The benchmark Brent crude oil LCOc1 fell 15 cents, or 0.3 percent, to $50.64 a barrel by 0147 GMT and U.S. West Texas Intermediate ( WTI ) crude CLc1 lost 14 cents, or 0.3 percent, to $47.68 a barrel. The exp...More..

by | Monday, May 15, 2017

Explaining Comey's firing challenges White House advisers

CNN said later that Comey is "not anxious about any tapes" Trump may have of their conversations, citing an unnamed source familiar with the matter. Say, didn't Trump run on his ability to put together the mo...More..

by | Monday, May 15, 2017

South Korean leader Moon discuss North Korea with China's Xi: Blue House

Only now, the stakes are much higher. However, the approach ultimately failed to halt North Korea's nuclear weapons program. President Donald Trump wants to tighten an economic vise around the country and has e...More..

Gold slumps to lowest since mid-March on hawkish Fed
by | Monday, May 15, 2017

Gold slumps to lowest since mid-March on hawkish Fed

Futures traders are now pricing in a 72 percent chance of a June rate hike, from 63 percent before the Fed's statement , according to the CME Group's FedWatch Tool. The U.S. Federal Reserve is expected to hold...More..

by | Monday, May 15, 2017

Trump brings in hope for solving Israeli-Palestine conflict

Abbas said his government was teaching its young people peace. Trump son-in-law and senior adviser Jared Kushner, who has spearheaded much of the administration's efforts to tackle the Israeli-Palestinian con...More..

Miner BHP Billiton rebrands as BHP
by | Monday, May 15, 2017

Miner BHP Billiton rebrands as BHP

The miner started out life in 1885 as the Broken Hill Proprietary Company, or BHP, and retained that name until its 2001 merger with Anglo-Dutch mining company Billiton Plc. In early May, Australian fund manage...More..

by | Monday, May 15, 2017

Putin sits down at piano in China, plays Soviet songs

The 64-year-old was visiting Beijing's Diaoyutai State Guesthouse on Sunday (May 14), on the sidelines of the Belt and Road forum. Xi told in the meeting that Moscow and Beijing have played the role of a "bal...More..

by | Monday, May 15, 2017

Europe is bracing for a laptop ban on flights to America

The initial ban on passengers bringing large electronics devices into the cabin hit hardest at Middle Eastern airlines. The initial ban, now in place at 10 airports in eight countries , was put in place afte...More..

T dept launches facility to correct errors in PAN, Aadhaar
by | Monday, May 15, 2017

T dept launches facility to correct errors in PAN, Aadhaar

Some vendors also complained about the delay in payment of Rs 100 per Aadhaar card by the Unique Identification Authority of India (UIDAI), the nodal agency entrusted with the job. Responding to grievances of t...More..

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