Author: 0 O&G stocks buoyant after Saudi, Russia agree to extend output cuts

Energy Information Administration indicate that maintaining the curbs into the first quarter of 2018 would bring stockpiles back in line with the five-year average - OPEC's stated goal. The deal "has been working and I know it will work even better for the second half", he said, before traveling to the Austrian capital. Iraq is Opec's largest producer after Saudi Arabia .

Author: 0 Tillerson holds briefing in Saudi Arabia without USA press

Bahrain is home to the USA fleet in the Middle East. "We will make decisions based on real-world outcomes - not inflexible ideology". During his Saudi Arabia visit, Tillerson on Saturday said he hoped the re-election of Rouhani would prompt changes to Tehran's approach to "terrorism and human rights".

Author: 0 US not started assessment on any Trump intel disclosure to Russia -Coats

The Post also reported that Trump made the same request to the Director of National Intelligence Dan Coats . Reportedly both intelligence officials "refused to comply with the requests, which they both deemed to be inappropriate, according to two current and two former officials, who spoke on the condition of anonymity to discuss private communications with the president".

Author: 0 Saudi oil minister confident in extension of production cuts

Futures climbed as much as 1.5% in NY after advancing 5.2% last week. On Monday, oil prices rose for a fourth straight session, with both USA oil and Brent crude surging over six percent in the past four sessions, as Saudi Arabia and Russian Federation said crude supply cut deal needed to be extended into 2018.

Business Wal-Mart earnings dip but sales rise at its United States stores
Author: 0 Wal-Mart earnings dip but sales rise at its United States stores

This year, New York-based market researcher eMarketer predicts that ecommerce will represent 9.2 percent of total retail sales in the United States, which the company expects to reach $5 trillion, a 3.5 percent increase over 2016, and that US mobile retail sales will come to $157.14 billion in 2017, up 35.5 percent over last year and accounting for 34 percent of USA ecommerce sales and 3.1 percent of total retail sales.

Business Investors Attention Alert: Ford Motor Company's (F),
Author: 0 Investors Attention Alert: Ford Motor Company's (F),

Microsoft Corp now has $534.68 billion valuation . The stock rose 0.93% or $0.31 reaching $33.22 per share. Spot Trading Limited Co holds 0.04% or 54,132 shares. Let's take a gaze at how the stock has been performing recently. May 22, 2017Ford Motor Company named Jim Hackett as its new president and CEO and announced key global leadership changes created to further strengthen its core automotive business and accelerate a strategic shift to capitalize on emerging opportunities.

Business Shell shareholders reject emissions target proposal
Author: 0 Shell shareholders reject emissions target proposal

Citigroup Inc cut shares of Royal Dutch Shell Plc to a "sell" rating in a research note on Wednesday, April 19th. The stock has "Hold" rating by Societe Generale on Monday, January 30. The ex-dividend date is Wednesday, May 17th. Stock is now moving with a positive distance from the 200 day simple moving average of approximately 3.69%, and has a poor year to date (YTD) performance of -1.64% which means the stock is constantly subtracting to its value from the previous fiscal year end price.

Author: 0 AT&T workers go on three-day strike

The strike involves less than 14% of AT&T's workforce, the company said . More than 37,000 AT&T Inc. workers are off the job this weekend after failing to reach a contract agreement with the wireless carrier. Workers are demanding AT&T commit to bargaining that addresses affordable benefits, fair wages, and job security. They say AT&T offered a 2% increase this year.

Author: 0 Heading to OPEC, UAE says backs output cut extension

The Organization of the Petroleum Exporting Countries meets in Vienna on Thursday to consider whether to prolong the deal reached in December in which OPEC and 11 non-members, including Russian Federation, agreed to cut output by about 1.8 million barrels per day (bpd) in the first half of 2017.

Business In bid to balance, Trump budget slashes benefits
Author: 0 In bid to balance, Trump budget slashes benefits

The budget relies on faster economic growth and steep cuts to programs for the poor in a bid to balance the government's books over the next decade. The $800 billion cut assumes that the House-passed bill to repeal the Affordable Care Act , known as "TrumpCare", would become law.

Business Welch & Forbes LLC Has $234000 Position in Hewlett Packard Enterprise Co (HPE)
Author: 0 Welch & Forbes LLC Has $234000 Position in Hewlett Packard Enterprise Co (HPE)

During the same quarter in the previous year, the business posted $0.41 earnings per share. International Game Technology PLC (IGT ) shares have moved -0.70% in the week and -5.19% in the month. The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 5th. Stockholders of record on Wednesday, June 14th will be given a dividend of $0.065 per share.

Author: 0 WH Official: NYT, WaPo Reports Are 'Coordinated Attack' on Trump

Earlier, the New York Times reported the US President had told Russian officials Mr Comey was a "nut job" whose ouster relieved "great pressure" on him. Mr Trump has insisted at times the decision was his alone, but he also has pointed to a "very strong" recommendation from Deputy Attorney-General Rod Rosenstein.

Business Gold bounces off lows hit after Macron's French election win
Author: 0 Gold bounces off lows hit after Macron's French election win

He faces a huge task to unite a fractured, anxious country and to win a parliamentary majority in June's general election, without which he could struggle to implement his ambitious reform agenda. Casting a blank ballot - traditionally used by disgruntled French voters as a protest vote - usually increases in the second round. His victory wasn't as clear as it seemed.

Author: 0 Trump insists he 'never mentioned' Israel to Russians as source of intelligence

In contrast to recent Arab rhetoric and State Department political correctness, the Arab countries have never considered Jerusalem to be their capital, main cultural center or top holy city - status reserved for Mecca and Medina. The Israeli Prime Minister's wife was overheard on a hot mic throwing shade on the media in the process. No Israeli politicians or officials accompanied the family.

Author: 0 With hopes for peace uncertain, Trump to visit Israel

Qazi said . But as president, Trump delivered a speech in a country where women aren't allowed to drive to leaders of many nations accused of human rights violations and said this. "It's nearly like he's trying to cement the idea that there is a division between the Muslim world and the West". "The Iranian regime is responsible for destabilising the region", he said, adding that it had fuelled sectarian conflicts for decades and had provided fertile ground for militant groups and ...

Author: 0 Israelis and Arabs share 'common cause' against Iran and extremism, Trump says

Ahead of talks with Netanyahu, Trump will tour two iconic sites in Jerusalem, a city holy to Muslims, Christians and Jews. The donation came despite several criticisms from President Trump during the campaign which saw him attack the Clinton Foundation for accepting donations from repressive Middle East regimes such as Saudi Arabia .

Author: 0 Ballinasloe to host Fine Gael regional leadership debate

The victor will be announced in Dublin on June 2. "It is time for a change in Fine Gael but there is no doubt that Enda Kenny brought stability, positivity, and energy to this country when we needed it most and I thank him sincerely for his time and service".

Business Europeans offer support, sympathy for Manchester attack
Author: 0 Europeans offer support, sympathy for Manchester attack

Home Secretary Amber Rudd said the attack was "barbaric, deliberately targeting some of the most vulnerable". The city's Manchester Royal Infirmary Hospital was blocked off to all but essential staff due to what the facility called a major incident.

Business South Korea fires at North 'object'
Author: 0 South Korea fires at North 'object'

On Sunday, North Korea launched a ballistic missile , which reportedly flew some 500 kilometers (310 miles) before falling into the Sea of Japan short of reaching Japan's exclusive economic zone. Such actions "threaten regional and global security", Dujarric said, calling on Pyongyang "to stop further testing and allow space to explore the resumption of meaningful dialogue".

Author: 0 Close Brothers Group plc 10.5% Potential Upside Indicated by JP Morgan Cazenove

The company's stock had a trading volume of 733,117 shares. Mraz Amerine & Associates Inc acquired 17,677 shares as Sabine Royalty Tr (SBR)'s stock 0.00%. Coats Group plc is a United Kingdom firm engaged in industrial thread manufacturing. The company has market cap of 262.72 million GBP. The Company's divisions include Destination and Premium, which consists of food and drink sales, accommodation and gaming machine income; Taverns, which includes Food and drink sales, rent from licensed ...

Business Labor Department green-lights retirement savings rule
Author: 0 Labor Department green-lights retirement savings rule

It's focused on mitigating conflicts of interests that may arise in financial advisers' investment recommendations for retirement accounts. The rule was originally scheduled to go into effect last month, but the DOL delayed it by 60 days in keeping with a presidential memorandum issued in February.

Author: 0 Confirmed fatalities as Manchester Police respond to arena 'explosion'

More than 200 people were injured, though no one was killed. Police said another 59 are injured and the blast is being treated as a terror attack until they know otherwise. "This was supposed to be their safe place", she wrote. Universal Music Group, parent company for Grande's record label, Republic Records, posted a statement on Facebook , "We are deeply saddened to learn of tonight's devastating event in Manchester".

Business Trump's budget: Gifts for the rich, cuts for the poor
Author: 0 Trump's budget: Gifts for the rich, cuts for the poor

The meager amounts people get on Temporary Assistance for Needy Families (TANF) or programs like General Relief or General Assistance (the welfare aid programs for adults without children) are not almost enough to replace income that could be had from a job.

Author: 0 22 dead after suspected 'terrorist incident' at Ariana Grande concert in England

If the incident is confirmed as a terrorist attack it would be the deadliest in Britain since four suicide bombers killed 52 London commuters on three subway trains and a bus in July 2005. "Then madness broke out", she said. U.S. Homeland Security officials said they were closely monitoring the situation. No group has yet claimed responsibility for the attack.

Author: 0 Emergency declared at Hanford nuclear site in Washington state

Workers evacuated or took cover and turned off ventilation systems after damage was discovered in the wall of a transport tunnel about 170 miles (270 km) east of Seattle, officials with the Department of Energy's Hanford Joint Information Center said.

Author: 0 Macron says 'horrified' at United Kingdom attack

Children were among those killed, police have said, in what May called an "appalling terrorist attack". Kelly Brewster was at the Ariana Grande concert and has not been seen since the explosion at the end of the performance after getting separated from her sister.

Author: 0 Trump Urges Mideast Nations To Drive Out 'Islamic Extremism'

In a carefully worded speech delivered at a gathering of about 50 leaders of Muslim-majority countries, Trump did not use his signature phrase " radical Islamic terrorism ", a term he often used during his campaign for the USA president. On his first day in Riyadh , Trump was warmly welcomed and feted by the 81-year-old Saudi king, Salman bin Abdulaziz. Much of the focus during the summit was on countering what Gulf states see as the threat from Iran, which opposes Saudi Arabia in a range ...

Business North Korea 'ready to mass-produce' war missiles
Author: 0 North Korea 'ready to mass-produce' war missiles

The army provided no other details but local media has speculated the object could have been a North Korean drone. USA officials, who spoke on condition of anonymity, said the test did not demonstrate a new capability or one that could threaten the United States directly.

Business Ex-Barcelona president Sandro Rosell held in money laundering probe
Author: 0 Ex-Barcelona president Sandro Rosell held in money laundering probe

The arrests are part of an investigation into rights sales relating to Brazil , police sources said. Rosell, who was Barcelona president between July 2010 and January 2014, before being forced to resign over irregularities in the signing of Brazilian striker Neymar, has been arrested along with four other people in a police operation named "Rimet", reports Xinhua news agency.

Author: 0 Israelis and Palestinans are ready 'to reach for peace'

Trump said there were opportunities for cooperation across the Middle East. He says "that would be an incredible accomplishment". Trump was also the first US president to openly question the feasibility of the implementation of the Oslo Accords and by extension possibly of a two-state solution.

Business United Kingdom borrowing rises unexpectedly in April
Author: 0 United Kingdom borrowing rises unexpectedly in April

This was noticeably higher than the GBP9.2 billion seen in April 2016, and above the forecast of analysts, who expected the gap to shrink to GBP9 billion. Debt increased by GBP 114.1 billion from prior year. The figures are a poor start to the new financial year for Chancellor Philip Hammond, with the Office for Budget Responsibility (OBR) forecasting that government borrowing could rise as high as £58.3bn in 2017/18.

Author: 0 Concert-goer says security at Ariana Grande show was lax

My love to her and all the families of the victims". Grande, who was not injured, tweeted hours later: "broken. from the bottom of my heart, i am so so sorry. After Manchester, Grande was due to perform in London on Thursday and Friday, and later at venues in Europe, including Belgium, Poland, Germany, Switzerland and France, with concerts in Latin America and Asia to follow.

Business Ford confirms 1400 job cuts and cost-cutting
Author: 0 Ford confirms 1400 job cuts and cost-cutting

Ford will offer about 1,400 white-collar workers early retirement and separation packages as part of the job-cutting plan, with people expected to leave by September, the company said. Fields has pledged to take more decisive action, telling Wall Street analysts last week that the company will improve communications to demonstrate resilience in its core automotive business.

Business Liberum Capital Raises Bodycote PLC (BOY) Price Target to GBX 910
Author: 0 Liberum Capital Raises Bodycote PLC (BOY) Price Target to GBX 910

Therefore 82% are positive. Envestnet had 9 analyst reports since August 11, 2015 according to SRatingsIntel. The firm has "Buy" rating by Peel Hunt given on Wednesday, May 17. The rating was maintained by Goldman Sachs with "Buy" on Friday, August 12. The firm has "Buy" rating by HSBC given on Wednesday, January 27. 30/11/2016 - Group had its "Neutral" rating reiterated by analysts at UBS.

Author: 0 Melania Trump visits a women's business center, school in Saudi Arabia

The First Lady also visited the American International School in Riyadh . "I think Islam hates us", Trump said during a CNN interview in March 2016. "Drive them out of your communities". Whereas Obama studiously avoided the term in his Cairo address, apparently believing that this would offend his intended audience of Muslim citizens who saw the term as politicized, Trump mentioned "terrorism" and its grammatical variants 31 times.

Business Snapchat growth stalls in first earnings report
Author: 0 Snapchat growth stalls in first earnings report

The company now has 661.83 million shares outstanding. Snap has a 12-month low of $17.59 and a 12-month high of $29.44. The company's 50-day moving average price is $21.78 and its 200 day moving average price is $21.81. SNAP shares closed $22.98 per share and went down to as much as $17.68 each after hours. The owner of the Snapchat application attracted fewer users than anticipated in the first quarter of this year, a result that drove stocks to plummet more than 20 percent.

Author: 0 Oil Price climbs on expectations for deeper output cut

But the United States data is a sideshow to expectations from the OPEC meeting this week - all the market wants to know will the extension of the production cap be for six, nine or even 12 months - nine months seems to be the optimists' expectation.

Business Germany, France pledge new effort to strengthen eurozone
Author: 0 Germany, France pledge new effort to strengthen eurozone

In a move that caused little surprise, German Finance Minister Wolfgang Schaeuble repeated over the weekend that Berlin remained opposed to extending debt relief to Greece , something the International Monetary Fund has set as a precondition to secure its backing for the country's third bailout.

Business Entertainment, cable, DTH to attract lower taxes under GST
Author: 0 Entertainment, cable, DTH to attract lower taxes under GST

The GST Council has decided on product-wise tax rates for GST, which would be implemented nationwide from July 1. These services now attract entertainment tax levied by the states. "Importantly, we do not believe that the new rate structure will give any advantage to domestic manufacturing as cost of import of raw material, including cells and wafers, will go up in the same proportion", says Bridge to India.

Business Memorial Day gas prices higher than past year, but still low overall
Author: 0 Memorial Day gas prices higher than past year, but still low overall

While road trips continue to reign supreme for Memorial Day, more Americans will fly, ride the train or bus, or take a cruise vacation compared to past year, AAA reported. Modest fuel demand and abundant oil supplies have recently contributed to an oversupply in the fuel market. Even so, AAA recommends that travelers fill up before Memorial Day weekend to avoid a seasonal price bump at the pump.

Business Trump arrives in Bethlehem for Abbas meeting
Author: 0 Trump arrives in Bethlehem for Abbas meeting

Standing alongside Israeli Prime Minister Benjamin Netanyahu , he argued he never mentioned Israel, the source of the classified intelligence, according to various officials - something he has not been accused of doing. Trump's visit to Jerusalem has been laden with religious symbolism. He has since said the move was still being looked at. He said that if Christians, Muslims and Jews join forces, "peace in this world is possible, including peace between Israel and the Palestinians".

Business Who are the 3 judges hearing arguments on Trump travel ban?
Author: 0 Who are the 3 judges hearing arguments on Trump travel ban?

Monday's arguments marked the second time Trump's efforts to restrict immigration from certain Muslim-majority nations have reached the San Francisco-based 9th Circuit. "This order is aimed at aliens overseas, who themselves don't have constitutional rights", Wall said. This isn't the first time the 9th Circuit has been tasked with deciding the immediate fate of the president's travel ban.

Author: 0 Children among 22 killed in United Kingdom pop concert attack

Another arrest was made in the English city's Arndale shopping center which was evacuated by armed police on Tuesday. Prime Minister Theresa May said: "We are working to establish the full details of what is being treated by the police as an appalling terrorist attack ".

Business Angela Merkel's party wins vote in rivals' German heartland
Author: 0 Angela Merkel's party wins vote in rivals' German heartland

A win for the CDU in North Rhine-Westphalia will give serious momentum to Merkel and her party in the lead-up to the German national election in September. The polls showed the Social Democrats (SPD) coming in second, garnering 31.2 percent of the vote in its stronghold state, down over 7 points from the last election in 2012.

Business Trump in Israel: Barrage of selfies and requests for favors
Author: 0 Trump in Israel: Barrage of selfies and requests for favors

Donald Trump is betting that Arab nations hold the key to securing peace between Israel and the Palestinians, a paradoxical premise founded on his belief that shared concern over Iran will bring longtime rivals to the bargaining table. But Netanyahu has made an effort to defer to Trump in a way he did not always with his predecessor, Barack Obama. Netanyahu had a hard time getting his hawkish Cabinet to pass relatively simple gestures toward the Palestinians on Sunday night ahead of ...

Business Trump becomes first sitting United States president to visit Western Wall
Author: 0 Trump becomes first sitting United States president to visit Western Wall

In his speech at Rivlin's official residence, Trump said he was deeply encouraged by his conversations with Muslim world leaders in Saudi Arabia. Saudi Arabia doesn't recognize Israel and the two states don't have diplomatic relations. " Jerusalem is the beating heart of the Jewish people, as it has been for 3,000 years". Protesters blocked roads elsewhere in the West Bank as the hunger strike entered its 36th day.

Author: 0 Police treating Manchester concert blast as 'terrorist incident'

Two US officials have told Reuters on condition of anonymity that initial signs pointed to a suicide bomber as being responsible for the bombing. "It was one bang and essentially everyone from the other side of the arena where the bang was heard from suddenly came running towards us as they were trying to exit".