Author: 0 Riyadh says oil output cut may be extended

While a number of producing nations have reached an initial deal to extend supply curbs past June, according to Saudi Arabia's energy minister, data showing rising us output is prompting concern that those reductions will be undermined. "I expect we will have an extension of the agreement", he said, adding that talks among all oil producers were ongoing. It was created to take nearly 1.8m barrels per day (bpd) of crude oil production offline and is due to expire towards the end of June.

Author: 0 The WisdomTree Investments (WETF) Earns Daily News Impact Rating of 0.14

They are projecting Next Quarter growth of 100%. (WETF) is $9.94/share according to the consensus of analysts working on the stock, with an expected EPS of $0.04/share for the current quarter. increased its stake in WisdomTree Investments by 2.6% in the third quarter. ShearLink Capital LLC bought a new position in WisdomTree Investments during the fourth quarter worth $7,163,000.

Business Centrist Macron vs. far-right Le Pen in fight to lead France
Author: 0 Centrist Macron vs. far-right Le Pen in fight to lead France

In a race that was too close to call up to the last minute, Macron, a pro-EU ex-banker and former economy minister who founded his own party only a year ago, had 23.9 percent of the votes against 21.4 percent for Le Pen, according to figures from the Interior Ministry with 96 percent of votes counted .

Author: 0 Croda International Plc's (CRDA) Outperform Rating Reiterated at Credit Suisse Group AG

In the prior 12 months Prudential PLC's stock price has increased by 0% from 0.00 to 1644.33. In the a year ago Prudential PLC's stock price has increased by 0% from 0.00 to 1644.33. Shareholders of record on Thursday, May 4th will be paid a dividend of GBX 41.25 ($0.52) per share. This represents a yield of 1.18%. This is a boost from Polymetal International PLC's previous dividend of $0.15.

Business France had a presidential election what happens?
Author: 0 France had a presidential election what happens?

Mr Macron and Ms Le Pen secured the two berths for the run-off in May 7 in a result that saw the two movements that have dominated French politics for 60 years eliminated in the first round, partial results showed. A Le Pen presidency this year could have marked the end of the far-right project in France. "It is time to liberate the French people", she told supporters at a rally Sunday.

Author: 0 Canadian housing starts hit near 10-year high

Moments after introducing a package of measures created to cool the GTA's red-hot housing market, Premier Kathleen Wynne conceded she's open to doing more if her plan doesn't work. Alex Kenjeev, who also oversees Conservative leadership hopeful Kevin O'Leary's venture capital business, told CTV's Your Morning that Vancouver's abrupt about-face on sales activity and housing prices will be tough for the trio of policymakers to ignore.

Author: 0 French leaders unite around Macron to defeat right-wing Le Pen

Markets had been anxious that the far-left, eurosceptic Jean-Luc Melenchon, who had surged in the polls in recent weeks, could jump ahead of Macron to make it into the final runoff against Le Pen, giving voters a choice between two radical candidates who would threaten the future of the EU.

Author: 0 Labour government would create four new bank holidays on patron saint's days

The Tories have launched a highly personal attack on Jeremy Corbyn, warning the Labour leader would unable to take the "difficult decisions" needed in the event of a major terrorist attack. "The fact that six in ten voters believe Labour can not win under Corbyn's leadership bring with it the threat of complacency among Tory (Conservative) voters who may be tempted to sit at home on June 8th and let others deliver the result they expect."According to polls by Opinium, ComRes and YouGov, May's ...

Business North Korea says it's ready to strike USA aircraft carrier
Author: 0 North Korea says it's ready to strike USA aircraft carrier

The US-Korea Institute department at the Johns Hopkins School of Advanced International Studies, which analyzed the recent satellite images of the testing ground, said Pyongyang may carry out its sixth nuclear test at any time, upon an order from the country's leader Kim Jong Un.

Business Centrist Macron, Far-Right Leader Le Pen Advance To French Presidential Runoff
Author: 0 Centrist Macron, Far-Right Leader Le Pen Advance To French Presidential Runoff

To be seen with a more viable chance, Le Pen would have needed to see either low first round turnout or score at least 28% or more of the vote, Eurasia Group said , in a Sunday note. The value of the euro soared around the world last night after a former investment banker and was named as a leading contender to win France's Presidential election.

Author: 0 Passenger removal prompts United Airlines China visit

It's a potential travel sacrifice for the IT auditor, who lives in Indianapolis and flies United. In particular, Mr Apfel believes that the incident should prompt airlines to re-examine their policies and procedures around overbooking flights, as has been called for by several politicians in the wake of the incident.

Author: 0 As budget deadline looms, Trump pushes border wall funding

Joe Manchin (D-W.Va.) and other coal state lawmakers to include a fix to imperiled United Mine Workers of America health and pension benefits in whatever deal emerges. His White House is demanding money for a border wall with Mexico. "The burden to keep it open is on the Republicans", Pelosi said. Homeland Security Secretary John Kelly said Trump has been clear about his desire for a wall.

Author: 0 French election: Emmanuel Macron beats Marine Le Pen

Le Pen wants to print money to finance expanded welfare payments and tax cuts, ditch the euro currency and possibly pull out of the EU. Sunday's outcome spells disaster for the two mainstream groupings that have dominated French politics for 60 years, and also reduces the prospect of an anti-establishment shock on the scale of Britain's vote last June to quit the European Union and the election of Donald Trump as US president.

Business Becton to Buy C.R
Author: 0 Becton to Buy C.R

Becton Dickinson said the deal will boost its market position in medication management and infection prevention. Becton, Dickinson and Co. said on Sunday that it would acquire C. In addition to its medical and life sciences segments, Becton plans to create an interventional unit under which the Bard businesses will fall. The company announced that Tom Polen, its executive vice president and president of the BD medical segment, will become president of BD, effective immediately.

Business Emiratis, Malaysians reach $1.2B deal over troubled fund
Author: 0 Emiratis, Malaysians reach $1.2B deal over troubled fund

Finance Minister II Johari Abdul Ghani said he was not involved in settlement negotiations between 1MDB and Abu Dhabi's International Petroleum Investment Company (IPIC). A formal announcement on the London Stock Exchange, where IPIC bonds are listed, could come as early as Monday, the people added. The filing says Malaysian officials also have agreed to cover all payments on two $1.75 billion bonds.

Author: 0 Here's your first look at Larry Page's 'flying car'

So even if this concept never becomes a vehicle, it sure looks like a fun alternative to a personal watercraft. While often referred to as a flying auto, it's obvious now that what Kitty Hawk has been working on for the last couple of years is more accurately described as a human-carrying drone...

Business PPG Industries ups bid for Akzo Nobel to $28.8B
Author: 0 PPG Industries ups bid for Akzo Nobel to $28.8B

Akzo Nobel responded: " Akzo Nobel confirms today it has received a third unsolicited and conditional proposal from PPG for all outstanding share capital of the company". " Akzo Nobel have no more room for excuses now and must enter into proper discussions with PPG", a spokesman for Colombia said. In the comprehensive proposal letter, PPG said its increased price is comprised of cash of 61.50 euros and 0.357 shares of PPG common stock.

Business Trump to announce important tax reform next week
Author: 0 Trump to announce important tax reform next week

If Trump doesn't support the measure, its chances of success will flag, as will the prospects of lasting tax cuts. The OLA memorandum calls for a review of whether OLA is consistent with the president's "core principles" for regulating the financial system, whether employing OLA could cause losses to taxpayers, whether it leads to excessive risk-taking and whether a new chapter in the Bankruptcy Code would be a superior method of resolving a failing financial firm, among other topics.

Author: 0 US Will Not Issue Drilling Waivers to Russia Sanctions

Exxon released a statement saying it "understand [s] the statement today by Secretary Mnuchin in consultation with President Trump", according to The Hill. The Treasury Department's ruling offers evidence this may actually be the case. Tillerson has pledged to recuse himself until the end of this year from any matter involving Exxon Mobil unless he is authorized to participate.

Author: 0 American Airlines Now Embroiled In Passenger-Crew Incident

While it's clear there's a crying woman holding a baby, there's no footage of the flight attendant actually taking her stroller, so it's hard to tell what actually happened. "A baby nearly got hurt". Other travelers who saw the video including Toby Young say they support the passenger who confronted the flight attendant.

Author: 0 Voter turnout in France so far similar to 2012

That means France could end up with a choice between candidates from the far-left and far-right, or a far-right stalwart facing off against a political novice. "It doesn't really matter who you vote for as long as you vote against Le Pen", Bay Area resident Jerome Crochat said. "They can be in agreement with us", said Steeve Brios, a vice president of Le Pen's National Front party.

Author: 0 Ontario Set to Unveil Its Plan to Cool Toronto Housing

Wynne said the Liberals were not interested in controlling the market. "Making sure that what we do is effective and responsible and I think that's what people would expect of us". "None of the 16 measures that were talked about today is going to do anything to allow somebody to now all of a sudden afford a property", said Ara Mamourian, a realtor with Spring Realty in Toronto.

Business Euro jumps as Macron emerges as favorite to lead France
Author: 0 Euro jumps as Macron emerges as favorite to lead France

Macron", he said. Two sources told CNN earlier this year that Trump political advisor Steve Bannon told Peter Witting, the German ambassador to the USA, that the Trump administration preferred to strengthen bilateral ties with individual European countries rather than deal with the European Union .

Business OPEC, non-OPEC producers committed to restoring market stability - Barkindo
Author: 0 OPEC, non-OPEC producers committed to restoring market stability - Barkindo

Benchmark Brent crude futures were down 56 cents at $55.33 at 0618 GMT (2:18 a.m. ET). US crude oil production rose to 9.25 million barrels per day, official data showed, up nearly 10 percent since mid-2016. May West Texas Intermediate crude shed 24 cents, or 0.5%, to settle at USD52.41 a barrel. OPEC exempted Nigeria and Libya from cutting production, due to their internal conflicts.

Author: 0 Crude Oil Prices Trend Lower in the Short Term

Oil's rally has faltered after three straight weekly gains on expectations the Organisation of Petroleum Exporting Countries and its allies will extend its supply reductions. USA crude output may rise by 455,000 barrels a day in the fourth quarter from a year earlier across the Permian, Eagle Ford, Bakken and Niobrara shale plays, assuming the rig count remains at current levels, according to Goldman Sachs.

Business 53K Vehicles Recalled For Faulty Electronic Parking Brakes!
Author: 0 53K Vehicles Recalled For Faulty Electronic Parking Brakes!

Tesla says the brakes in these vehicles may not release perfectly. Tesla said it will soon contact owners of affected Tesla cars and inform them on how to have the parking brakes replaced. A Tesla spokesman stated "Service capacity will not be an issue", adding that the fix will be handled by the mobile technicians. A spokeswoman of spokeswoman for Brembo North America has confirmed this.

Business RIL Q4 profit expands 12.3 pc on higher refining margins
Author: 0 RIL Q4 profit expands 12.3 pc on higher refining margins

RIL generated its highest ever annual profits at Rs 29,901 crore, registering a growth of 18.8% on year-on-year basis. Jio's total income dropped to Rs 54 lakh against Rs 2.25 crore for the six-month period, according to the filing with the exchanges.

Author: 0 Trump administration denies ExxonMobile permission to drill in Russia

Exxon applied for a waiver from USA sanctions against Russia so that it could move ahead with a deal negotiated by Tillerson in 2012 to partner with the Russian state-controlled oil company, Rosneft. Earlier, the Wall Street Journal cited " people familiar with the matter ", who remain anonymous that ExxonMobil has applied for a waiver from U.S.

Business French vote for Macron, Le Pen shuts out mainstream politics
Author: 0 French vote for Macron, Le Pen shuts out mainstream politics

Financial markets expressed relief at Macron's lead in the first round, but they've been jittery over a possible Frexit, fearing controls on money transfers, capital flight, a plague of defaults and lawsuits on bonds and contracts. She said she embodied "the great alternative" for French voters. European stock markets surged on the open as investors welcomed the first-round results, with Macron favored to win.

Business Anti-fascists burn cars in wake of Marine Le Pen's French election win
Author: 0 Anti-fascists burn cars in wake of Marine Le Pen's French election win

Almost 47 million people are eligible to vote and most polling stations will close at 5 p.m. GMT (8 Israel) with those in major cities shutting an hour later. The terror attack was the latest in a bloody series have cost more than 230 lives since 2015. However, no candidate is expected to get the 50 per cent of votes required for an outright win.

Business Germany not worried by US corporate tax reform plans: Schaeuble
Author: 0 Germany not worried by US corporate tax reform plans: Schaeuble

He also urged the International Monetary Fund to scrutinizes its member nation's exchange rates and identify "specific policy adjustments" for each country to counter global imbalances. Mnuchin conceded: "A big postcard.that you can stick in the mail". "If our markets are open, there should be a reciprocal nature to other people's markets", he said.

Business Luxury retailer Jimmy Choo puts itself up for sale
Author: 0 Luxury retailer Jimmy Choo puts itself up for sale

Shares in Jimmy Choo rose more than 5% to 177.35p on the news , valuing the group at nearly £700m. Owner JAB may need cash following its $7.5 billion purchase of Panera Bread. Jonathan Buxton, partner and head of consumer at Cavendish Corporate Finance, said: "The company has faced challenging conditions in the luxury retail market at home, which has seen some brands continue to prosper while others also report disappointing revenues".

Author: 0 Oil prices set for biggest weekly drop in a month

Analysts broadly think that oil prices will rise further this year if the deal holds. Among the other things that could affect supply and prices is the re-growth of shale oil production in the USA and President Donald Trump's vow to promote more oil drilling in the country.

Author: 0 Analysts At Stifel Reiterated Vernalis PLC (LON:VER) As Hold

Rpm International Incorporated (NYSE:RPM) had a decrease of 6.74% in short interest. 216.30 million shares or 1.43% less from 219.43 million shares in 2016Q3 were reported. The firm has "Buy" rating by Stifel Nicolaus given on Wednesday, April 13. Suntrust Robinson maintained it with "Neutral" rating and $53 target in Thursday, January 21 report.

Business Manuel Neuer likely to miss rest of season with broken foot
Author: 0 Manuel Neuer likely to miss rest of season with broken foot

The holders surged through 6-3 on aggregate at an exhilarated Santiago Bernabeu to take their place in Friday's semi-final draw for a record seventh consecutive year. Bayern manager Carlo Ancelotti was furious, criticizing Hungarian referee Viktor Kassai after the game and asking for the introduction of video review technology.

Author: 0 International Monetary Fund upgrades Australias growth forecasts expects 2017 GDP at 31 pct

It also raised its forecast for growth next year to 6.2 percent from the previous 6.0 percent. Also, I.M.F. has predicted 3.9% growth in the year 2018. A distinct set of threats in advanced economies stem from festering domestic political movements skeptical of worldwide economic integration. That is, a resurgence in protectionism in the United States, Europe or other places.

Author: 0 General Motors Commits To Launching 10 Plug-In Electric Vechiles In China

Given the higher price of such cars, the upcoming electric vehicle will be the most expensive option in the 40-series range. Previously, the CT6 Plug-In Hybrid was made available previous year. "The subsidies will be cancelled in 2020 anyway, but the government is still aggressively promoting electrification with new beneficial policies because air pollution is so serious", Jiang added, citing the carbon credit scheme and rules limiting corporate fuel consumption.

Author: 0 The exodus of Labour MPs is already underway

Labour trails a long way behind Prime Minister Theresa May's Conservatives in opinion polls, and many within the party believe 67-year-old socialist Corbyn is too left-wing to connect with voters. May said an early election will bolster the UK's position in talks over Brexit and is in the country's national interest. Nearly exactly 20 years since Tony Blair led Labour to the first of three consecutive election victories, the party is languishing in the polls ahead of the June 8 vote.

Author: 0 Here are all the changes being made to Australia's citizenship test

Applicants must now show the steps they have taken to integrate into and contribute to the Australian community - with evidence of employment, membership of community organisations, school enrolment for all eligible children. The move came against a background of growing populist pressure and a resurgence of the anti-immigration One Nation party led by Pauline Hanson . The 457 visa has been hugely popular among the Irish since the economic crash in 2008 - but as of now it will not be ...

Business Ontario housing measures aimed at renters, buyers
Author: 0 Ontario housing measures aimed at renters, buyers

Once legislation passes, the tax would be retroactively applied to 21 April. A 15 per cent tax on home purchases by non-resident foreigners. "The fact that people are paying upwards of two grand for their tiny downtown apartment, still doesn't give me that much hope", she said.

Author: 0 French Election Results Let Markets Breathe Sigh of Relief

Polls suggest far-right nationalist Marine Le Pen and Emmanuel Macron, an independent centrist and former economy minister, are in the lead. The current president, Socialist Francois Hollande, is not among them, having decided that his historic unpopularity would hurt his party's cause.

Business Polls open for first round of French presidential vote
Author: 0 Polls open for first round of French presidential vote

Le Pen hailed the result. At the exhibition center in western Paris where Macron's supporters gathered for the results, a crowd of several hundred people, majority young, waved French flags, a signal that the National Front doesn't have a monopoly on patriotism.

Business Ontario Takes Steps in Bid to Calm Housing Market
Author: 0 Ontario Takes Steps in Bid to Calm Housing Market

Called Ontario's Fair Housing Plan , Ontario premier Kathleen Wynne said the plan has been in the works for weeks after months of consultation. The Toronto Real Estate Board questioned whether the government plans for a 15 per cent tax on non-resident, foreign owners, similar to one in Vancouver, is supported by adequate data.

Business OPEC: Kuwait, Saudi Arabia Signal Likely Extension Of Supply Cuts
Author: 0 OPEC: Kuwait, Saudi Arabia Signal Likely Extension Of Supply Cuts

But weakness in crude prices has developed over the past two months on growing concerns about President Donald Trump's legislative push, the viability of OPEC's supply freeze agreement signed late previous year (with participation by non-OPEC producers like Russia) and evidence of building supply-demand imbalance with inventories bloated and US shale output ramping up .

Author: 0 German official: Dortmund attack suspect acted out of greed

The suspect, identified only as Sergei W., is being investigated for attempted murder, causing an explosion and grave assault. These 15 000 options could have been sold at a pre-determined price by June 17, with a sharp fall in the share price promising a high profit.

Author: 0 Power Mostly Restored After Major Outage Leaves San Francisco in the Dark

Pacific Gas & Electric says that as of 1 has restored electricity to 15,000 of at least 90,000 customers affected by a power outage in San Francisco . People milled on sidewalks, controllers directed traffic manually, and shops were dark. Fire fighters said on Twitter that they received more than 100 calls, 20 of them related to people trapped in elevators.By shortly after 4 pm (local time), electricity had beenrestored to all but approximately 3,000 customers, PG & Espokes woman ...

Business Leaders of IMF and World Bank defend globalization
Author: 0 Leaders of IMF and World Bank defend globalization

Mr Mnuchin who met Mark Carney, the Governor of the Bank of England and head of the Financial Stability Board at the meetings, said he was encouraged by his dialogue with regulators. and China, the world's two biggest economies. "It's something like a lose-lose situation, not a win-win situation", Schaeuble said. Mnuchin was also asked about the administration's tax plan, which Trump said Friday would be unveiled next Wednesday.