Business

Author: 0 Oil prices drop amid glut concerns, U.S. withdrawal from climate deal

Futures slid 1.5 percent in NY. Brent crude futures were down 61 cents at $50.02 per barrel by 2:00 p.m. (1800 GMT), while U.S. West Texas Intermediate crude futures fell 62 cents to $47.74 per barrel. Sentiment on oil has turned soar despite data from the Energy Information Administration on Thursday showing that inventories of USA crude fell for an eighth-straight week in the week ended May 19, as investors continued to worry about the impact rising USA oil production could have on ...

Author: 0 British Airways travelers face third day of delays, cancellations

In all, CEO and Chairman Alex Cruz, who has posted several apology videos of his own this weekend, told Sky News the malfunction disrupted some 75,000 passengers' flights. In a statement, the airline said that "Our terminals at Heathrow are still expected to be congested so we ask that you do not to come to the airport unless you have a confirmed booking for today and know that your flight is operating".

Author: 0 IPad Pro 2 Announcement at WWDC 2017 Possible?

There has been precious little that we have heard about any potential updates for the MacOS updates. Over the years, the WWDC event has been reserved for Apple to engage with the developers, focus on apps and give the consumers a sneak peek at what to expect on the software side of things.

Author: 0 Russia's Putin denies having compromising information on Trump

The Virginia Democrat and other committee members are set to hear from fired FBI Director James Comey at a hearing Thursday. "Your lives must be boring". A picture of the two men was widely circulated after President Trump appointed Flynn as his adviser, and fueled speculation about Trump's ties to Russian Federation.

Business IL lawmakers brace for missing key budget deadline
Author: 0 IL lawmakers brace for missing key budget deadline

House Speaker Michael Madigan declared the chamber will spend the month of June in an effort to strike a deal between Democrats and Republican Governor Bruce Rauner . I've said come back here to Springfield let's get this done. Koehler said. He added, "We passed their bill and they didn't have to vote for it, I just don't get it".

Business Iran tops OPEC nations in Q1 oil revenue increase
Author: 0 Iran tops OPEC nations in Q1 oil revenue increase

On Thursday, OPEC and non-OPEC agreed to extend cuts by the same 1.8 million bpd. Oil's earlier price decline, which started in 2014, forced Russian Federation and Saudi Arabia to tighten their belts and led to unrest in some producing countries including Venezuela and Nigeria .

Author: 0 Mining stocks hit by China downgrade on growth fears

As a outcome, Moody's expects the government's direct debt burden to rise slowly towards 40% of GDP by 2018 and closer to 45% by the end of the decade, while other fiscal risks will rise from issues including high levels of off-book local government borrowing.

Business United Kingdom police says Manchester attacker bought bomb parts himself
Author: 0 United Kingdom police says Manchester attacker bought bomb parts himself

Anyone with information should call the Anti-Terrorist Hotline in confidence on 0800 789321. "I really do feel for them". "She's still in hospital, but she's moving her legs, which is fantastic". "We will be seeking to extend the custody of some of them as we work to understand what has gone on and whether Abedi was helped". If you have previously called and have information, I would urge you to call again.

Business California governor looks to China for climate bond
Author: 0 California governor looks to China for climate bond

California Governor Jerry Brown, New York Governor Andrew Cuomo, and Washington Governor Jay Inslee announced the creation of the group called the " United States Climate Alliance " and the three states, which together represent a quarter of US GDP and more than 20% of the nation's population (but only about 10% of its carbon emissions), are inviting other states to join them.

Author: 0 Theresa May refuses to rule out increasing income tax

The move on announcing elections that would secure stronger parliament support on European Union divorce talks made even more sense with polls revealing May's leadership popularity outstripping that of Margaret Thatcher or Tony Blair.

Author: 0 British police will name London Bridge attackers when 'operationally possible'

The Manchester bombing on May 22 was the deadliest attack in Britain since July 2005, when four British Muslim suicide bombers killed 52 people in coordinated assaults on London's transport network. would do everything it could in its power to assist Britain to bring those responsible to justice. "America sends our thoughts and prayers and our deepest sympathies to the victims of this evil slaughter and we renew our resolve, stronger than ever before, to protect the United States and ...

Business Truck-bus collision in UP's Bareilly
Author: 0 Truck-bus collision in UP's Bareilly

The injured were rushed to nearby medical facilities. The injured have been rushed to nearby hospitals but a lot of them are said to be in critical condition. According to eyewitnesses, some of the bodies have been charred beyond recognition and efforts were underway to extract the remains of the passengers.

Business What Next for Minerva Neurosciences Inc (NERV) Stock After Today's Significant Increase?
Author: 0 What Next for Minerva Neurosciences Inc (NERV) Stock After Today's Significant Increase?

Minerva Neurosciences (NASDAQ:NERV) remained flat at $10.00 on Tuesday. The company also plans to launch a Phase II trial of MDD candidate MIN-117 and a Phase I trial of Parkinson's disease candidate MIN-301. In other news, Director Marc D. Beer bought 50,000 shares of the stock in a transaction on Monday, March 20th. (NERV) now has a value of $10 while the company's 52 week low is at $6.50, the shares dropped to the 52 week low on 05/08/17.

Author: 0 World Bank sees global economy growing 2.7 percent this year

The bank also stated that the stabilising commodity prices will allow growth to resume in commodity-exporting emerging markets and developing economies. "With a fragile but real recovery now under way, countries should seize this moment to undertake institutional and market reforms that can attract private investment to help sustain growth in the long term", World Bank president Jim Yong Kim said in a statement.

Business The UK election is suddenly wide open and markets are totally discombobulated
Author: 0 The UK election is suddenly wide open and markets are totally discombobulated

According to opinion pollsters, British Prime Minister Theresa May is either set to win a resounding election victory on Thursday (June 8) or to scrape home with her authority in tatters. The Financial Times' compilation of average of polls showing still a 9 percent victory margin for the Conservatives, though it has shrunken by nearly 50 percent since the beginning of May.

Business Oil ETFs And OPEC Meet Again
Author: 0 Oil ETFs And OPEC Meet Again

Oil stockpiles in advanced countries in the OECD jumped by 24 million barrels during the first quarter to a new record of 1.2 billion. Yet rising supply is partly due to USA shale oil producers primarily from Texas, which have been happy to pump with abandon as improving technology and steady prices boosted returns.

Business Run, Hide, Tell? London attack response likely saved lives
Author: 0 Run, Hide, Tell? London attack response likely saved lives

Police said the three attackers were shot dead by armed officers within eight minutes of the first call to emergency services. During raids by counter-terror police on Sunday morning, 12 people were arrested in Barking, east London - and properties in the area are still being searched.

Author: 0 ISIS claims responsibility for London Bridge attack

Eyewitnesses described harrowing scenes as the attackers' white van veered on and off the bridge sidewalk, hitting people along the way, and the three men then ran into an area packed with bars and restaurants, stabbing people indiscriminately.

Author: 0 Marcus Mumford, Take That kick off Manchester benefit show

We ask the strong city of Manchester and the world to join us in making the statement that hatred and fear will never win. "You guys make everyone that comes from out of town feel so welcome and we really appreciate that, so when I seen you guys rally together last week, it was a sight to behold".

Author: 0 Ariana Grande Sings 'Somewhere Over the Rainbow' to Tearful Manchester Crowd

Security has been heightened ahead of Ariana Grande's " One Love Manchester " benefit concert in England Sunday. The singer and some of her famous friends held a benefit concert in the English city to benefit the victims of a terrorist attack that took place following her performance there almost two weeks ago.

Author: 0 Hornbeck Offshore Services (NYSE:HOS) shows Price to Sale ratio of 0.32

The stock has lost -5.95%, reaching at $1.58 after hovering between $1.51 and $2.00. It has underperformed by 87.80% the S&P500. The price-to-book ratio is a ratio used to compare a stock's market value to its book value. Since May 24, 2017, it had 0 insider purchases, and 1 sale for $451,164 activity. (NYSE:HOS). Parametric Associate Ltd holds 139,797 shares. Teachers Advisors LLC increased its stake in shares of Hornbeck Offshore Services by 9.6% in the fourth quarter.

Author: 0 London attack witness will return to restaurant-and pay his bill

The vigil will take place at 6pm tomorrow (Monday) evening and will be attended by officers from the Metropolitan Police and the emergency services as well as religious leaders. In a statement after the session, she said the government would ramp up its counterterrorism efforts to deal with Islamist radicalism at home and to try to reduce or eliminate "the safe spaces it needs to breed", both on the internet and in British communities, in which she said radical recruiters work.

Author: 0 Why Corbyn's surge could be good news for sterling

However, Pound exchange rates bounced back yesterday, rising more than 1% from the lows against the Australian and New Zealand Dollars, whilst edging back towards 1.15 versus the Euro. Labour's central estimate is 257, up from 229. YouGov acknowledged that the model allows for a wide margin of error . An ICM poll gave the Tories a 12-point lead, with 45per cent to Labour's 33per cent, meaning May would end up with a majority of 76.

Author: 0 YouGov sets out methodology for British election model

While May enjoyed a lead of more than 20 percentage points when she announced the snap election , polls published since the resumption of campaigning after the Manchester terror attack last week have shown Conservative leads varying from 4 points up to 14 points.

Business Putin denies close ties with former national security adviser Flynn
Author: 0 Putin denies close ties with former national security adviser Flynn

In the picture, which has been widely circulated in the American media , President Putin is seen sitting at a table during a dinner celebrating 10 years of RT, next to the man who served as adviser to Trump's presidential campaign. Russian President Vladimir Putin insists the Syrian leader didn't use chemical weapons against his people, saying the recent attack that killed scores of civilians was a "provocation" against President Bashar Assad.

Business Three Mile Island Power Plant needs bailout or it will close
Author: 0 Three Mile Island Power Plant needs bailout or it will close

At least five nuclear power plants have retired in the past five years including Fort Calhoun in Nebraska, which closed in October, as shale gas and rising output of wind and solar power depress prices. A rise in thyroid cancers among residents who lived within 10 miles of the power plant was noted by the Pennysylvania Cancer Registry, but the rise was considered statistically insignificant, according to a University of Pittsburgh study.

Author: 0 BT Group plc (BT) Receives Hold Rating from Berenberg Bank

About 287,074 shares traded. SIG plc (LON:SHI) has risen 6.00% since April 19, 2017 and is uptrending. Vodafone Group Plc (ADR) (NASDAQ:VOD) yearly performance is -9.38%. The firm has "Buy" rating given on Thursday, October 6 by Ladenburg Thalmann. The stock of Associated British Foods plc (LON:ABF) earned "Buy" rating by HSBC on Tuesday, February 28.

Author: 0 Competing rallies in Portland following fatal stabbings

The tensions put police on high alert and prompted the mayor to call on the federal government to revoke the event organized by a group called Patriot Prayer . One Trump supporter said she was marching in support of "free speech" after the mayor's attempt to silence the Patriot Prayer event. In a video posted on Facebook, Gibson condemned Christian and acknowledged that some rallies have attracted "legitimate Nazis".

Author: 0 Pruitt won't say if Trump even discussed climate change with him

That's where we spent the last several weeks, focused upon the merits and demerits of the Paris agreement . Pruitt has previously refused to say whether Trump remains skeptical of global warming - and he dug in on Sunday when pressed repeatedly by Wallace to say whether he has discussed the topic of climate change with Trump.

Business Donald Trump criticized for his tweets after London terror attack
Author: 0 Donald Trump criticized for his tweets after London terror attack

A member of the public was accidentally shot and remains in hospital in a non-critical condition, Assistant Commissioner Mark Rowley said . As many as three different incidents, one described as terror-related, were developing in London late Saturday on London Bridge and nearby Borough Market and the Vauxhall area - the same weekend as pop star Ariana Grande was set to return to the United Kingdom for a benefit concert aimed at helping victims of the May 22 suicide bombing in ...

Author: 0 Returning Grande fans shaken by London attack

She then performed a duet with United States band The Black Eyed Peas of their epic hit Where Is The Love. "She left 5 minutes early because she was exhausted", Laura said of her daughter, who was dressed in an Ariana Grande t-shirt. " I love you Manchester ", she yelled to the crowd. After pedestrians were hit, officials say that three men armed with knives fled the scene and began attacking people at local restaurants and bars around the nearby Borough Market.

Author: 0 GOP Health Bill Doesn't Fulfill Trump Promises

Trump. Richard Burr gave to a North Carolina television station in which he called the House-passed health-care bill " dead on arrival", adding: "I don't see a comprehensive health-care plan this year". That's even though premiums had been rising for years for just about everyone - most Americans don't buy health insurance on the ACA exchanges but get it through employers, and those premiums had gone up as well.

Author: 0 Recent Broker Updates On Coats Group (LON:COA)

ALL AMERICAN GLD CRP (OTCMKTS:AAGC) had a decrease of 80.2% in short interest. Haitong Bank restated a "buy" rating and set a GBX 560 ($7.23) price objective on shares of BT Group plc in a research note on Thursday, January 5th. The rating was maintained by Deutsche Bank with "Sell" on Monday, February 1. On Thursday, June 16 the stock rating was maintained by Numis Securities with "Buy".

Author: 0 Sportswriter Terry Frei fired for racist Indy 500 tweet

Frei, who has written eight sports books and worked for The Sporting News , the Portland Oregonian and the defunct Rocky Mountain News as well as the Post , has not commented on Twitter since his dismissal. "Dave Schreiner's death in Battle of Okinawa", Frei wrote. "Not for the squeamish or sensitive". He then went on to apologize to the people he "offended" and also apologized to Sato .

Author: 0 Reiterates Neutral Rating for AstraZeneca plc (AZN)

The shares were sold at an average price of GBX 727 ($9.34), for a total value of £44,746.85 ($57,478.29). This is 4.04% from the last stock close price. Canaccord Genuity restated a buy rating and set a GBX 1,162 ($14.93) target price on shares of Paypoint plc in a research report on Thursday, January 26th.

Author: 0 American Eagle Outfitters, Inc. (AEO)

BlackRock Inc. now owns 17,773,025 shares of the apparel retailer's stock valued at $249,355,000 after buying an additional 17,572,904 shares during the period. American Eagle Outfitters, Inc. has a 52-week low of 10.56 and a 52-week high of 19.55. Morgan Stanley initiated it with "Overweight" rating and $37 target in Monday, September 26 report.

Author: 0 "Not a cyber attack": British Airways cancels all flights from London airports

The airline did say, however, the outage was affecting everything from its website and online check-in to its ability to track baggage throughout the system. Several passengers complained about a lack of information from BA representatives at the airport. It said power supply problems, and not a cyber-attack, was the cause.

Business Taliban denies involvement in Kabul blast, condemns attack
Author: 0 Taliban denies involvement in Kabul blast, condemns attack

Strongly condemning the deadly bombing, US Secretary of State Rex Tillerson offered his deepest condolences to the families and friends of those who were killed and injured. Today's blast was the latest in a string of attacks in Kabul . The Taliban denied responsibility for the attack, but the Afghan intelligence service said a Pakistani group that is aligned with the Taliban carried out the attack, CNN reported.

Author: 0 Third time win for Oracle Team USA in 35th America's Cup?

One penalty came in the pre-start while there was a decisive moment at the start of the fifth leg upwind. “It was great to be under some pressure, ” said Spithill, whose team defeated Team New Zealand twice in the qualifiers. Also Saturday, the British boat beat Team Japan and Artemis Racing beat Groupama Team France, which was eliminated Friday. In this photo provided by the America's Cup Event Authority, Emirates Team New Zealand and SoftBank Team Japan compete during America's Cup ...

Business Extreme Networks, Inc (EXTR) Stake Lowered by Strs Ohio
Author: 0 Extreme Networks, Inc (EXTR) Stake Lowered by Strs Ohio

FMR LLC raised its position in shares of Extreme Networks by 6,275.4% in the first quarter. (EXTR). These ratios are important while doing valuation of the company or the shares of the company. While considering growth estimates of the company, it has next quarter growth estimates of 71.4% whereas during current quarter it has 50% estimations over growth, comparing to the estimations of 57.1% during current year and 31.8% for next year.

Author: 0 Cypress Semiconductor Corporation (NASDAQ:CY) Receives An Update From Brokers

Wedbush maintained Cypress Semiconductor Corporation (NASDAQ:CY) rating on Friday, January 29. The company was upgraded on Thursday, September 22 by Morgan Stanley. On average, analysts anticipate that Cypress Semiconductor will post $0.71 EPS for the current fiscal year. Many analysts have provided their estimated foresights on Cypress Semiconductor Corporation Earnings, with 14 analysts believing the company would generate an Average Estimate of $0.16.

Business Gareth Bale celebrates UEFA Champions League title at home
Author: 0 Gareth Bale celebrates UEFA Champions League title at home

Then came the Club World Cup with Real Madrid and the end of a five-year Spanish title drought before new highs were reached in the Champions League . Juve are also the first side ever to break the €100m barrier for Champions League revenue. "It has been an incredible end to the season by us".

Business State Department won't say if Tillerson attended Trump climate speech
Author: 0 State Department won't say if Tillerson attended Trump climate speech

Under the Paris accord , the USA sent some $1 billion to the Green Climate Fund that is guided by the U.N. Framework Convention on Climate Change - the body that coordinates global climate policy. Several major United States corporations, captains of industry and business groups urged Trump to honor the endangered agreement, with oil super majors ExxonMobil and Chevron among those reiterating their support for the accords.

Business World vows to save Earth after Donald Trump snub
Author: 0 World vows to save Earth after Donald Trump snub

Another prominent chief executive, Jamie Dimon of JPMorgan Chase & Co, criticized Trump's decision. The world should not waste time by allowing itself to be demoralized by the USA action. A review of dozens of studies published between 2009 and 2014 link climate change to increases in a wide range of health problems, including asthma and other respiratory disorders, heart disease induced by heat stress, infectious diseases, waterborne diseases that can cause risky bouts of diarrhea in ...

Author: 0 21 in critical condition from London attacks

One woman, Elizabeth O'Neill, said her son Daniel was approached by one of the men who said, "this is for my family, this is for Islam", before sticking a knife in him. The BTP's top officer paid tribute to the "enormous courage" of his colleague, after it was revealed his condition was stable. "We will never let these cowards win and we will never be cowed by terrorism", he said.

Business Treasury chief to Congress: Raise debt limit before August
Author: 0 Treasury chief to Congress: Raise debt limit before August

Mulvaney pitched the $4.1 trillion budget proposal as reflecting the interests of taxpayers who want their money properly spent. He suggested that in future budgets that may not be the case. DeVos also says states, not the federal government, should make decisions about special education and academic and other standards for private schools that use vouchers.

Author: 0 Will last year's Dakota Access Pipeline protests affect future projects?

The oil will flow from the Bakken/Three Forks production areas in North Dakota to a storage and terminal hub outside Patoka, IL and/or down to additional terminals in Nederland, TX, the firm said. The pipeline spans more than a thousand miles from North Dakota to IL, and cost some $3.8 billion to construct. The Dakota Access and ETCO pipeline systems have commitments that include shipper flexibility and walk-up, for about 520,000 barrels per day.