Business

OPEC output cuts at record 90% compliance: IEA

Some producers, including Saudi Arabia, cut supply by more than required, however lower production was partly offset by higher flows from Libya and Nigeria, whi...


SIA to buy 39 Boeing planes valued at $19.5 billion

Jet delivery will start as early as the financial year ending in March 2021. "Today's major order for wide-body aircraft enables us to continue operating a mo...


Nokia to acquire Comptel for £295 million

Comptel, which had sales of about 100 million euros in 2016, said its board of directors, and shareholders that hold about 48 percent of the shares backed the o...


Trump Falsely Claims US Murder Rate is at Highest in 40 Years

Since we are unable to find an example of Islamist terrorism being carried out in Atlanta, we reached out to the White House's press office and asked what attac...


What to Expect When General Motors Company Reports Earnings

Analyst's mean target price for GM is $38.45 while analysts mean recommendation is 2.70. The share price of the stock surged 49.87% for the year. For current ...


Profit at Twenty-First Century Fox Beats, Revenue Falls Short

Several other institutional investors have also bought and sold shares of the company. News & Ratings Via Email - Enter your email address below to receive a co...


French election: Le Pen declares candidacy, attacks globalization

Macron's message is one of cautiously continuing to be an open country participating with the rest of Europe. No more, she vows. The election will be held on Ap...


FCC drops net neutrality investigations into AT&T, Verizon

Before being tapped by President Trump to lead the agency, Pai discussed other efforts to increase transparency, including, he said , by "establishing an FCC D...


First Quantum Computer Prototype Build in UK

In addition to the University of Sussex , other participating organizations include Google, Aarhus University, RIKEN and Siegen University. With this approach,...


U.S. Takes Steps To Review Dakota Access Pipeline

Opponents of the project, including the Standing Rock Sioux , claimed on Tuesday that Hoeven and Cramer were jumping the gun and that an environmental study ...


Construction sector loses momentum in January

The data comes after numbers out on Wednesday showed that Britain's manufacturing industry was hit by a double whammy of rising commodity prices and the weaker ...


Iranian Missile Launch 'Absolutely Unacceptable'

The implications of the warning are unclear, but Flynn pointedly criticized the Obama administration for failing "to respond adequately" to Iran's provocative b...


HMV Canada to close all 102 stores

Legal documents state that closing stores must cease operations by April 30. According to court filings, HMV Canada was losing 100,000 Canadian dollars (70,00...


EPL - Watford dent Arsenal hopes

Arsenal will look to continue their impressive form in 2017 when they take on Watford in Tuesday's Premier League clash at the Emirates Stadium , with the Gun...


Toyota Loses Top Global Automaker Crown Amid Trump Pressures on Trade

Toyota said late Sunday that it had sold 10.18 million vehicles, up 0.2%, confirming suspicions that it slipped out of the top spot. "Trump is a bigger risk ...


German Inflation Highest In 4 Years

Many other euro zone bond yields rose to multi-month highs, with Italy's 10-year bond yield hitting a 17-month high at 2.29 percent. The annual increase in re...


Trump blames airport chaos on 'tears of Senator Schumer'

Earlier today, Trump targeted Schumer on Twitter for tearing up during a news conference Sunday while discussing the travel ban. It's quite another to say tha...


General Motors shifting jobs from Canada to Mexico

Canada says it gave Unifor advance notification of how product changeovers would affect workers at three Ontario plants. That will result in the loss of 625 j...


Southwest Airlines quarterly profit drops 2.6 percent, shares up

JPMorgan Chase & Co. now owns 9,420,861 shares of the airline's stock valued at $366,379,000 after buying an additional 3,975,382 shares during the period. Sout...


TransCanada applies for presidential approval of the Keystone XL pipeline

TransCanada Corp. resubmitted the application two days after President Trump signed a presidential memorandum formally asking the company to reapply and direc...


American Airlines profits drop due to taxes, higher fuel and labor costs

American Airlines Group (AAL - Free Report) came into existence following the Dec 2013 merger of AMR ( American Airlines' parent group) and US Airways. Analyst...


Alibaba Affiliate Ant Financial Buys MoneyGram For $880 Million

Under their agreement, stockholders of Nasdaq-listed MoneyGram will be offered US$13.25 per share in cash by Ant Financial. The company has been active in the...


Inflation rises to 1.3 percent

Fourth quarter inflation was weaker than expected amid a slump in the price of health care, transport and communications. Vegetable prices have risen 12.5% th...


Dow Jones tops historic 20000 mark

That's what's driving this renewed rally. The rally continued after the election of Donald Trump as USA president last autumn. "It seems to be the Trump eff...


Popular breakfast chain Bob Evans sold

The sale of Bob Evans Restaurants to Golden Gate Capital brings to a close a long running debate over the best course of business for Bob Evans Farms. In ad...


Changing NAFTA Provisions May Result in Mexico's Withdrawal From Deal

Israel, among the US's closest allies, had a testy relationship with the Obama administration, which Mr Netanyahu clashed with over how to achieve peace with Pa...


Yahoo beats Q4 earnings expectations, pushes closing of Verizon deal into Q2

The hacks, which affected at least a billion accounts, has triggered questions about whether the deal would still be viable and, if so, at what price. "We are i...


Rio Tinto Agrees To Sell Coal & Allied Industries For Around $2.45 Bln

The mines produced a total of 25.9 million tonnes of coal in 2016, of which Rio's share was 17.1 million tonnes. Rio Tinto said the sale came after all avenue...


Forever stamps will cost more starting Sunday

Postal Service has raised the price of stamps. Starting today, the cost mailing a one-ounce first-class letter has gone up 2 cents - from 47 cents to 49 cents...


Trump's First Executive Order Sounds Death Knell for Obamacare

Trump has also pushed for negotiations on drug prices, saying in a NY press conference last week that the industry is "getting away with murder" because of a la...