Author: 0 China tests new guided missile in Bohai Sea

It was unclear from the announcement when the missile test took place, but Beijing waited until the end of South Korea's presidential election to make the launch public, Yonhap reported. "China's position on the issue of THAAD is clear and consistent", Ministry of Foreign Affairs spokesman Geng Shuang said Wednesday, "We hope South Korea can pay high attention to China's concerns and handle the relevant issue in a proper way".

Business Will 'Made in China' Threaten Boeing and Airbus?: QuickTake Q&A
Author: 0 Will 'Made in China' Threaten Boeing and Airbus?: QuickTake Q&A

With a standard range of 4,075 km, the narrow-body jet is comparable with updated Airbus 320 and Boeing's new generation 737 planes. China's homegrown large passenger plane, the C919, took to the skies on Friday in the eastern city of Shanghai , marking a great improvement of China's innovative capability and high technology in aviation and aerospace industry.

Business Trump to visit Middle East in first foreign trip
Author: 0 Trump to visit Middle East in first foreign trip

The Republican announced on Thursday (4 May) that he will travel to Saudi Arabia and Israel before flying to the Vatican to meet the Pope. Trump will conclude his foreign trip with a visit to Brussels for a North Atlantic Treaty Organisation summit on May 25, followed by a meeting of the G7 in Sicily.

Business Salvador Sobral Of Portugal Wins Eurovision Song Contest
Author: 0 Salvador Sobral Of Portugal Wins Eurovision Song Contest

Russian Federation pulled out of the contest, following a move by Ukrainian authorities to ban entrant Julia Samoylova because of her previous tour in Crimea . "We are all like naked apes ". The odds on a victory for the United Kingdom were shortened after the running order was announced, with only Italy, Portugal, Bulgaria, Belgium and Sweden on shorter odds.

Business China and US sign trade deal
Author: 0 China and US sign trade deal

Under the new agreement between the two nations, China is to start accepting imports of US beef no later than July 16, 2017 with conditions stipulated under the 1999 Agricultural Cooperation Agreement. American enterprises like Visa and Mastercard will get access to the Chinese market and two banks will get bond underwriting licenses. The U.S. will published a proposed rule no later than July 16.

Business U.S. Justice Department orders tougher criminal punishments
Author: 0 U.S. Justice Department orders tougher criminal punishments

Attorney for Utah under President George W. Bush, said in a statement anticipating the policy change. Brett Tolman, former U.S. attorney for Utah and a representative of the Law Enforcement Leaders group: "The Justice Department's expected shift to prosecuting and incarcerating more offenders, including low-level and drug offenders, is an ineffective way to protect public safety".

Business Oil rebounds on Saudi assurances Russian Federation will extend
Author: 0 Oil rebounds on Saudi assurances Russian Federation will extend

U.S. West Texas Intermediate ( WTI ) crude oil futures were trading at $44.92 per barrel at 0716 GMT, down 60 cents or 1.3%, after a more than 4% drop the previous session. "Based on the consultations I have had with participating members I am rather confident the agreement will be extended into the second half of the year and possibly beyond", Bloomberg quoted Al-Falih as saying, who was speaking at the Asia Oil and Gas Conference in Kuala Lumpur .

Author: 0 Mnuchin: US partners more comfortable with Trump on trade

A Canadian ministry statement says Morneau and Mnuchin engaged in a "productive discussion" and that Canada committed to working out a durable solution of the issue. Trump's tax plan could push the country deeper into debt, raising questions over the administration's argument that cutting corporate tax levels to 15% from their current 35% rate will be financed by revenue generated by a higher pace of economic expansion.

Business Trump on Comey's firing: There's 'no right time to do it'
Author: 0 Trump on Comey's firing: There's 'no right time to do it'

During Donald Trump's interview with Fox's Jeanine Pirro, the president was asked about whether he would allow for an independent investigation in order to establish that his 2016 campaign did not collude with Russian Federation. "I think the Senate will come up with some really, really great additions and changes", Trump continued. "I think loyalty to the country, loyalty to the United States is important".

Business Lewis Hamilton edges Sebastian Vettel for F1 pole in Spain
Author: 0 Lewis Hamilton edges Sebastian Vettel for F1 pole in Spain

Hamilton will start Sunday's race at the Circuit de Catalunya from the 64th pole position of his career as he bids to reduce his 13 point gap to Vettel in the drivers championship. "Today was really for the mechanics, also those from Kimi's vehicle who helped out". I was basically, at 10-to-2 or five-to-2, I was ready and we were ready to fire up and go out in Q1.

Business Where Oracle Corporation (NYSE:ORCL) Stands on Analytical Review Chart?
Author: 0 Where Oracle Corporation (NYSE:ORCL) Stands on Analytical Review Chart?

Louisiana State Employees Retirement System's holdings in Oracle were worth $8,217,000 at the end of the most recent quarter. CGOV Asset Management reduced its stake in Oracle Co. Equities research analysts forecast that Oracle Co. will post $2.63 earnings per share for the current year. Investors of record on Wednesday, April 12th were given a $0.19 dividend.

Business Sean Spicer under fire during crucial week for Trump
Author: 0 Sean Spicer under fire during crucial week for Trump

US President Donald Trump has threatened to cancel all future White House press conferences in a bid to prevent inaccurate statements. The way to get him to commit might be to suggest bi-monthly primetime press conferences, some of which may be picked up by the broadcast networks.

Author: 0 Fists fly after Southwest Airlines flight lands, video shows

One person was arrested after a brawl broke out on a flight that landed in Los Angeles. In a statement released by Southwest, the airline said they were "grateful to [their] employees" for reacting quickly to the situation and working to break up the fight.

Author: 0 Bernie Sanders Mocks Donald Trump Over Health Care Gaffe

The president and members of the House GOP conference held a celebratory press conference at the White House after the bill passed by a thin margin. During that call, Trump told Turnbull that the agreement would hurt his new administration politically, officials said at the time.

Business CEO Evan Spiegel Just Lost $1.22 Billion After Snapchat Earnings
Author: 0 CEO Evan Spiegel Just Lost $1.22 Billion After Snapchat Earnings

Just last week, Facebook posted revenue growth in the double digits for its first quarter, which it has done consistently since 2012 when it had its initial public offering. According to Snap CEO Evan Spiegel , connectivity issues, as well as low bandwidth in developing markets, are holding back uptake in many worldwide markets.

Author: 0 UK's health service hit by ransomware attack

In Brazil, the social security system had to disconnect its computers and cancel public access. NEW YORK (AP) - Dozens of countries were hit with a huge cyberextortion attack Friday that locked up computers and held users' files for ransom at a multitude of hospitals, companies and government agencies.

Author: 0 Oil prices at five-month lows following Russian indecision

The Organization of the Petroleum Exporting Countries, Russia and other producers originally agreed to curb production by 1.8 million barrels per day (bpd) for six months from January 1 to support the market. LME nickel dropped to a 10-month low after lawmakers in the Philippines rejected the appointment of a new Environment Secretary (who is an activist and wants to limit nickel production).

Author: 0 Families will suffer under new health care bill

Almost two-thirds of voters further said they approve of the current law's provisions that ban health insurance companies from raising rates for those with pre-existing conditions , and three-quarters said they think it's a "bad idea" to give states the ability to decide whether to allow health insurers to raise rates for those individuals.

Author: 0 Did Celtics lose a second before final shot? Sure looks like it.

And shortly after sinking what might have been the biggest shot of his entire career, Wall spoke with ESPN and ripped the Celtics players for showing up for the game in black. "He (Smart) did blow it up", said Wizards head coach Scott Brooks. "We were going to blitz them, period". We made some big plays. The Celtics must find a way not to let the bitterness of Game 6 trickle into Game 7, to make sure one crushing night doesn't contaminate another.

Author: 0 SK envoys to hold talks in China

Mr Moon, of the liberal Democratic Party, is widely expected to improve long-strained ties with the North. He has said he would be prepared to go to Pyongyang "if the conditions are right". China denies it has done anything to hurt South Korean businesses. But differing viewpoints may soon surface between the two leaders. But Abe also said "dialogue for dialogue's sake would be meaningless" and he called on North Korea to demonstrate "sincere and concrete action", Hagiuda said, adding that ...

Author: 0 South Korean military: North Korea launches projectile

North Korea launched a ballistic missile from the northwestern part of the country early Sunday, the South Korean Joints Chief of Staff said. South Korean and US military officials said the February launch was a significant development as it successfully tested a solid-fuel engine from a mobile launcher.

Business Too early to predict effects of Trump's tax cuts
Author: 0 Too early to predict effects of Trump's tax cuts

Since details of the plan haven't been released , it's hard to calculate its cost, but some estimates project it would add $7 trillion to the deficit over 10 years. The plan says simply, "Eliminate tax breaks for special interests". The plan proposed a one-time repatriation tax that would allow companies to bring back money from overseas to the US with a slightly lower, one-time tax.

Business Trump to visit Saudi Arabia, Israel & Vatican in first overseas presidential trip
Author: 0 Trump to visit Saudi Arabia, Israel & Vatican in first overseas presidential trip

A senior administration official said the decision to visit Saudi Arabia first was made because of the country's role as custodian of Islamic holy sites in Mecca and Medina. Leaders of the Muslim world will convene to meet with Trump, who warmed to Middle Eastern diplomacy after successful visits from King Abdullah of Jordan and Egyptian President Abdel Fattah Al Sissi.

Author: 0 Mnuchin Says U.S. Reserves Right To Be Protectionist

He said they understand that "we don't want to be protectionist, but we reserve our right to be protectionist to the extent we believe trade is not free and fair". Mnuchin briefed Aso on planned USA tax measures, including a drastic corporate tax cut, announced last month by the administration of President Donald Trump.

Author: 0 Consumer prices rebounded 0.2 percent in April

Still, April's increase in consumer prices added to a tightening labor market and rising producer inflation in suggesting that the USA central bank could raise borrowing costs at its June 13-14 policy meeting. Gasoline prices jumped 1.2 percent after falling 6.2 percent in March. Food prices rose 0.2 percent, driven by the fresh vegetable category, which rose 5.1 percent, its biggest increase since February 2011.

Business Energy chief says hole has been filled at nuclear waste site
Author: 0 Energy chief says hole has been filled at nuclear waste site

He says there were no workers inside the tunnel when it collapsed Tuesday morning but that nearby workers were evacuated and others who were farther away were told to remain indoors. Early Wednesday, a video was released by the Department of Energy that showed workers using soil to fill the collapsed section. Radiation levels within the tunnels were lethal within an hour, according to Heart of America NW, another Hanford watchdog group.

Author: 0 G7 partners seek common ground with Trump

The Group of 7 is also having the opportunity to hear more about the Trump administration's economic proposals from U.S. Treasury Secretary Steven Mnuchin. But Mnuchin said trade was discussed "a lot" and his counterparts have become "more comfortable" with the administration's agenda. A senior Japanese Finance Ministry official said the most significant question pertained to Trump's US tax cut proposal that could fuel America's economic recovery.

Author: 0 OPEC likely to extend output pact, bigger oil cut unlikely: delegates

Russia, contributing the largest production cut outside OPEC, said as of May 1, it had cut output by more than 300,000 bpd since hitting peak production in October. After falling nearly 5 percent on Thursday, both contracts continued to collapse overnight with WTI falling to $43.76, its lowest since November 15, and Brent down to $46.64, its lowest since November 30 when the Organization of the Petroleum Exporting Countries (OPEC) agreed to cut production during the first half of 2017.

Author: 0 Oil Returns to $50 as US Stocks Drop

Reuters reported on Tuesday (May 9) that state-owned Saudi Aramco will reduce oil supplies to Asian customers by about 7 million barrels in June, as it keeps to the production agreement and trims exports to meet rising domestic demand for power during the summer.

Business Super Thursday Bank of England Preview
Author: 0 Super Thursday Bank of England Preview

Other members were more cautious, with concerns over slower consumer spending and other trends. "In the final year of the forecast, however, the output gap closes and inflation rises slightly further above the target", the BoE said in its minutes.

Author: 0 Crude posts further gain in Asia after suprise US stocks draw

The U.S. Energy Information Administration said crude inventories fell 5.2 million barrels last week, much more than the 1.8 million-barrel drop analysts predicted. The Organization of the Petroleum Exporting Countries (OPEC) members chose to reduce output by 1.8 million barrels per day to rebalance the oil market for the first six months of this year.

Author: 0 Pound (GBP) Investors Less Optimistic after Bank of England (BoE) 'Super Thursday'

It said growth had fallen "markedly" in the first quarter and added a "slowdown appeared to be in train". BoE Governor Mark Carney held a press conference following the BoE announcements, in which he defended record-low policies and argued that higher inflation was a price worth paying if it allowed for more job creation as low interest rates do.

Author: 0 'SNL's' Melissa McCarthy Spotted As Sean Spicer Riding Through New York

Melissa McCarthy is hosting this week, and it looks like the show chose to up the ante on her very amusing and very popular Sean Spicer impersonation. This includes promos that features the actress transforming herself into Spicer to the tune of " I Feel Pretty " from " West Side Story ". Joining McCarthy, the musical guest for the show is the band HAIM .

Author: 0 U.S. adds sanctions on North Korea

Kim, who manages the school's experimental farm at the college of agriculture and life sciences, was detained on route by train from Pyongyang to China's border town of Dandong, the university's co-founder Chan-Mo Park told Reuters . "Professor Kim was a man who would call North Korea as his own country. We don't know what he is going to do", he said. She insisted that he did not engage in missionary work in fiercely atheistic North Korea.

Author: 0 Time To Rake In Healthy Returns From NRG Energy, Inc. (NRG)

Class C had a net margin of 8.65% and a return on equity of 3.25%. During the same period in the previous year, the firm earned $0.33 earnings per share. Janus Capital Management LLC now owns 26,700 shares of the utilities provider's stock valued at $422,000 after buying an additional 1,800 shares during the period.

Author: 0 South Korea's Progressive New President Is Open to Visiting Pyongyang

As for relations between China and the Republic of Korea, it has been deteriorating mainly because of the U.S. deployment of the THAAD system. Mr Moon, 64, said: "I will urgently try to solve the security crisis". North Korean leader Kim Jong Un supervised a ballistic rocket launching drill of Hwasong artillery units of the Strategic Force of the Korean People's Army in this undated photo released by North Korea's Korean Central News Agency in Pyongyang, March 7, 2017.

Business Trump Praises Aussie Medicare After Repealing Obamacare
Author: 0 Trump Praises Aussie Medicare After Repealing Obamacare

Following weeks of in-party feuding and mounting pressure from the White House, lawmakers voted 217 to 213 to pass a bill dismantling much of Barack Obama's Affordable Care Act and allowing USA states to opt out of numerous law's key health benefit guarantees on Thursday.

Author: 0 Judge orders Philly prosecutors to charge Amtrak engineer in fatal crash

Pennsylvania's attorney general lodged criminal charges Friday against the engineer at the throttle of the Amtrak train that crashed and killed eight people in 2015, electing to pursue involuntary manslaughter and reckless endangerment counts after the Philadelphia District Attorney's Office declined to prosecute .

Author: 0 GOP lawmaker cautions health care bill is Obamacare 'tweak'

This is especially true of health care professionals, including doctors and executives of hospitals and health care facilities. There are five female Republican senators. Participants said the group's work had a long way to go. There's growing support for the idea of pegging the tax credits in the House repeal bill to income and making aid more generous for poorer people.

Author: 0 Trump to Meet French President-Elect Emmanuel Macron on May 25

But it's not clear if he will be able to do so. Emmanuel macron has vowed to fight a divided and fractured France after wining a decisive victory over the far-right Front National candidate Marine Le Pen in the country's presidential election.

Business USPS aims to Stamp Out Hunger
Author: 0 USPS aims to Stamp Out Hunger

It's a community-wide food drive benefiting the Chattanooga Area Food Bank. During the annual food drive, residents left bags of nonperishable food near their mailboxes, and it was collected by mail carriers on their routes Saturday. From here it gets delivered to Springfield Rescue Mission to stock the shelves, and nothing gets wasted. "We are really hopeful", said Mary Jane Crouch, Executive.

Business Chinese Chicken Is Headed To America. But It's Really All About Beef
Author: 0 Chinese Chicken Is Headed To America. But It's Really All About Beef

China had conditionally lifted its longstanding import ban on American beef a year ago, but few purchases have been made. In the deal, China agreed to lift its ban on USA beef imports and shipments of liquefied natural gas. "The two sides chose to press ahead with this economic plan and the fact that much progress has been made in a short amount of time shows. we can establish more cooperation for the joint benefit of the people", he said.

Author: 0 Maiden flight of first China-made passenger plane important in aviation industry

Michel Merluzeau, director of AirInsightResearch, an aerospace & defence market analysis and consulting group, based in Seattle, told Xinhua that he was impressed by the role of the Chinese government and the Commercial Aircraft Corporation of China (COMAC), the manufacturer of the C919, to accelerate innovation and implement innovative programs.

Author: 0 James Comey's dismissal: Differing accounts from Trump officials

They will also be instantly swayed by the best line of counterattack from the White House - that all the Democrats who are now outraged about the firing were ready to lynch Comey after he bumped Clinton's campaign into the ditch in the very last days of the 2016 presidential campaign.

Author: 0 EIA lowers forecasts for oil prices

U.S. crude stockpiles posted their biggest weekly drawdown since December as imports dropped sharply, the U.S. Energy Department said Wednesday, while inventories of refined products also fell. State-owned Saudi Aramco will reduce oil supplies to Asian customers by about 7 million barrels in June. OPEC and the other participating producers are scheduled to meet on May 25 in Vienna, Austria, to decide whether to extend the cuts and, potentially, agree a deeper reduction.

Business After Russia hearing, Trump decries
Author: 0 After Russia hearing, Trump decries "taxpayer funded charade"

Yates did not say what Flynn had discussed with ambassador Sergey Kislyak in a number of December 2016 phone calls, which were secretly monitored by USA intelligence. He opened the hearing with an implicit rebuke of President Donald Trump and his alternative explanations for the interference in the election. Yes, the President took his time to fire Flynn, and only after information of Flynn's actions became public.

Author: 0 Tunnel collapse renews safety concerns about nuclear site

The Hanford site sprawls over 586 square miles in south-central Washington State, where it was used to make plutonium for nuclear weapons from World War II until the 1980s. Advocacy group Hanford Challenge executive director Tom Carpenter, meanwhile, said that the tunnel collapse should serve as a "wake-up call", as the facility continues to age, but the radioactive waste it contains remains very unsafe.

Author: 0 Interest rates may need to rise before late 2019

The high-impact inflation rate for April could influence the Pound throughout the week, given that it directly ties into today's BoE event. The British central bank even upgraded its GDP growth outlook to 1.7% (from 1.6% predicted in February) next year and to 1.8% (from 1.7%) in 2019 - the years when the United Kingdom and the European Union are in the midst of negotiations.