Business

Iraq, Algeria support extension of oil production cuts

The results of these higher budgets will become evident in 2018, which is why the EIA is forecasting average daily production of nearly 10 million bpd in 2018...


Oil rebounds above $50 on latest United States stockpile figures

OPEC members and their partners in the oil production cut agreements from last November and December have reached a consensus to extend the deal until the end o...


Sage of Omaha Warren Buffett eyeing benefits of Trump tax cut

Yet Buffett and Munger stood by Wells Fargo and other Berkshire investments, including United Airlines and Coca-Cola. "It is a huge tax cut for guys like me",...


Dialogue with Trump was non-politicised: Russian FM

In Moscow, the Kremlin said on Wednesday it hoped that Comey's firing would not affect Russia's ties with the United States, saying it believed his dismissal ...


Bank of England keeps rates at record low as economy slows

It expects nearly no increase in real incomes this year and sluggish consumer spending, though that will be offset by investment and exports. Eurozone industr...


Jakarta governor sentenced to 2 years prison for blasphemy

After the verdict, the governor was taken to a Jakarta prison but it was unclear whether he would remain in jail or be released later to allow him to file his...


Portion of tunnel containing nuke waste collapses at Hanford

It was discovered during "routine surveillance", according to the Energy Department. The tunnel that is possibly affected is next to a plutonium uranium extra...


Le Pen thrives among French poor, vote analysis shows

Florian Philippot from Le Pen's National Front poked fun at Hollande's comments, asking if he would attend the restaurant La Rotonde with Macron to celebrate th...


White House says Trump won't immediately pull out of NAFTA

Reports emerged last week that Trump was considering an executive order announcing his intent to do away with NAFTA. Trump railed against the decades-old trad...


Plagiarism or a 'wink'? Le Pen's copied speech targets right

The French would take a "business as usual attitude" as a "betrayal" he warned. However, the parties of the two top candidates for this year's French presidenti...


'Judgment on reasons for reshuffle encroaches executive realm'

However‚ Zuma's lawyers argued that the DA had already acknowledged this and‚ on that basis‚ was not entitled to any record of the decision. THE Congress of t...


Thai news organizations urge government to scrap media control bill

In Hyderabad, senior journalists, addressing a seminar organised by PFUJ, said governments never favoured an independent media, adding that rulers were conspi...


United Settled with the Guy Dragged Off Its Plane

According to the investigation, United Flight 3411 traveling from Chicago to Louisville on April 9 had resolved one overbooking issue before boarding the plan...


Scottish paper fivers still valid as Bank of England version is withdrawn

You can ask the shop keeper to give you a new note instead, as they have been told not to give out old ones as change anymore. After 5 May, you can still depo...


UFC creates 4th weight class for women, adding 125-pounders

Women's flyweights between the ages of 21-34 with a winning record and at least three professional fights are invited to attend the open casting call for TUF 26...


Energy propels Canadian exports to record high in March

Canada's trade deficit narrowed to $135 million in March (previously $1.1 billion), as a 3.8% rise exports outpaced the 1.7% increase in imports. The shortfal...


Apple's services business grows 18% as iPhone sales stall

Unfortunately, for investors, the chart below shows a stock that's run tremendous in the past year, so this mixed report has shares down about $3 in the after-h...


United Airlines reaches settlement with doctor violently removed from plane

Demetrio of Corboy & Demetrio and Stephen L. Golan of Golan Christie Taglia. After suffering a concussion, broken nose and the loss of his two front teeth, th...


Caterpillar Inc. (CAT) Receives $96.78 Average PT from Analysts

Several other research analysts have also recently commented on the stock. Finally, Barclays PLC restated an "equal weight" rating and set a $90.00 price target...


Volkswagen eyes options for motorbike brand Ducati

Two insiders have confirmed that VW is reining in spending across the group, including cutting thousands of jobs at its core passenger-car brand, to help pay fo...


Yahoo CEO Marissa Mayer will make $184 million from company's sale

Another $84 million in stock options, Roe pointed out, have already vested, meaning Mayer has the ability to exercise them and they would not be accelerated, ac...


Oil prices claw back losses, but oversupply still weighs

Oil prices still declined on Friday, with Brent crude trading below $52 a barrel on concerns that increasing USA production and high inventories would thwart th...


Barack Obama slammed for $575k Wall Street speech 'hypocrisy'

While it is believed the former president has signed a contract for the speech in NY already, the firm is yet to make a formal announcement as it is in the proc...


Internet firms winding up for a fight on 'net neutrality'

Nearly two dozen smaller ISPs have told FCC chairman Ajit Pai that the FCC's 2015 Open Internet order reclassifying ISPs as Title II common carrier telecom se...


Jefferies & Co reiterated John Wood Group PLC (ADR) (LON:WG) as 'Underperform'

Below are the most recently updated broker updates which include ratings and price targets for NMC Health (LON:NMC) from a range of analyst research notes. Mark...


Trump eyes changes to Obama's tax and Wall Street rules

The executive order and two presidential memorandums come as Trump is scrambling for achievements as the 100-day mark in the White House approaches. They have...


USA judge hands Volkswagen three-year probation sentence

A Detroit judge has approved a fine negotiation between the USA government and Volkswagen Friday morning. Regulators in 2015 discovered that Volkswagen ...


March home sales hit record high, Canadian Real Estate Association says

It is expected to be in effect retroactively as of April 21. To appease landlords and developers, the government said it would align property tax rates for go...


Verizon profit, revenue miss Wall Street view as subscribers dash

Verizon , the once-unstoppable cellphone leader in the USA, lost key wireless customers for the first time, even as it brought back unlimited data plans to co...


United CEO says no one will be fired for dragging incident

Footage of 69-year-old Dao being pulled screaming from his seat emerged earlier this month, plunging United Airlines into a PR storm and causing their share pri...