Excess crude account swells as oil price leaps towards $80

President Donald Trump chose to unilaterally pull out of the Iran nuclear deal and reimplement economic sanctions. "Our view is unchanged: Trump will reimpose oil sanctions", he said Tuesday. "Whatever extraneous factor that affects supply or dem... More..

by | Published 10 days ago
Gap pulls shirt with incorrect map of China from stores, issues apology
by | Tuesday, May 15, 2018

Gap pulls shirt with incorrect map of China from stores, issues apology

The design featured just the mainland and not territories that China also claims, such as Taiwan. "Upon the realization that one of our T-shirts sold in some overseas markets mistakenly failed to reflect the ...More..

Elon Musk: Tesla Autopilot system 'prevented severe injury' in 60mph crash
by | Tuesday, May 15, 2018

Elon Musk: Tesla Autopilot system 'prevented severe injury' in 60mph crash

In a memo sent to employees, Musk noted he was "flattening (the company's) management structure to improve communications", while shifting away from "activities that are not vital to the success of our mission"...More..

Picasso painting damaged ahead of Christie's auction
by | Tuesday, May 15, 2018

Picasso painting damaged ahead of Christie's auction

Owned by Windu a self-portrait of Picasso " the Sailor ", on sale for $ 70 million at a Christie's auction in NY, was damaged. Both are owned by a casino magnate and were due to be part of a Christie's exhibiti...More..

Karnataka results today: Will it become another Goa or Manipur?
by | Tuesday, May 15, 2018

Karnataka results today: Will it become another Goa or Manipur?

With counting nearly over, the BJP is looking to end up with 105 seats, while the Congress Party is set to win 76 and the JD (S) 39. Kumar said a 55-year-old official on election duty died of a heart at...More..

Winklevoss-Owned Gemini Exchange Announces Addition of Zcash to its Trading Platform
by | Tuesday, May 15, 2018

Winklevoss-Owned Gemini Exchange Announces Addition of Zcash to its Trading Platform

Gemini Trust Co exchange has received the approval from the State of ny to start trading privacy-focused cryptocurrency Zcash . " Zcash is built upon and extends the Bitcoin protocol". The exchang...More..

Vodafone longtime CEO to step down as company returns to profit
by | Tuesday, May 15, 2018

Vodafone longtime CEO to step down as company returns to profit

The telco credits Colao with transforming Vodafone "from a consumer-focused 2G/3G mobile operator to one of the world's leading converged communications companies". Nick has been the co-architect of the Group...More..

HSBC is shaking up a centuries-old industry using blockchain
by | Tuesday, May 15, 2018

HSBC is shaking up a centuries-old industry using blockchain

The transaction was completed within 24 hours which is significantly faster than the outdated system which takes days to complete such deals. The UK-based lender says it completed a transaction involving a ...More..

Turkish airlines plane tail smashed in dramatic collision at Istanbul Intl' Airport
by | Tuesday, May 15, 2018

Turkish airlines plane tail smashed in dramatic collision at Istanbul Intl' Airport

She revealed emergency crews have been quickly on the scene of the crash and though her flight was full no person on board was injured. "My sister Clare Chambers was on this Turkish Airlines plane in Istanb...More..

Seattle approves 'head tax' on large businesses despite Amazon's opposition
by | Tuesday, May 15, 2018

Seattle approves 'head tax' on large businesses despite Amazon's opposition

Under the new law, companies bringing in more than $20 million in revenue a year would be required to pay $275 per employee every year. The compromise approval - even without a ban on so-called "sweeps" and f...More..

At Least 41 Killed As US Inaugurates Jerusalem Embassy
by | Tuesday, May 15, 2018

At Least 41 Killed As US Inaugurates Jerusalem Embassy

And his son-in-law, Jared Kushner , who attended the opening said: "When there is peace in this region, we will look back upon this day and will remember that the journey to peace started with a strong Amer...More..

President Trump Urging Automakers to Make Cars in US
by | Tuesday, May 15, 2018

President Trump Urging Automakers to Make Cars in US

Executives from 10 companies, including General Motors Co ., Ford Motor Co. and Mercedes-Benz, are expected to join leaders from the Auto Alliance, Global Automakers and key Trump administration officials ...More..

Goldman Sachs says oil prices are going to spike
by | Tuesday, May 15, 2018

Goldman Sachs says oil prices are going to spike

The People's Republic stands to benefit if it can use its leverage as the world's largest importer of crude by insisting that its oil purchases from Iran be priced in yuan. The International Energy Agency has s...More..

by | Tuesday, May 15, 2018

How Analysts Feel About S&U plc (LON:SUS)?

About 431,887 shares traded. Lucus Advsr Ltd holds 0.49% of its capital in Hays plc (LON:HAS) for 3,692 shs. It has outperformed by 16.91% the S&P500. SRP underperformed the S&P500 by 11.55%. NWF Group plc, t...More..

Guillermo del Toro and Netflix team up on new horror series
by | Tuesday, May 15, 2018

Guillermo del Toro and Netflix team up on new horror series

Fresh off the heels of his Best Director Oscar win, Guillermo del Toro will put his horror roots to the test with the new Netflix anthology series 10 After Midnight . We don't have word about a potential rel...More..

U.S. threatens sanctions on Europe for business with Iran
by | Tuesday, May 15, 2018

U.S. threatens sanctions on Europe for business with Iran

U.S. President Donald Trump has finally made a decision to withdraw from a nuclear deal signed with Iran , announcing new sanctions to "punish" Tehran for its plans to build a nuclear bomb. Bolton said Eur...More..

CBS sues National Amusements over Viacom remerger fight
by | Tuesday, May 15, 2018

CBS sues National Amusements over Viacom remerger fight

National Amusements said it was "outraged" by the lawsuit and "strongly refutes [CBS'] characterization of recent events". 'Ms. Redstone has acted to undermine CBS's highly lauded and successful manage...More..

Apple CEO Tim Cook remembers Steve Jobs in heartfelt commencement speech
by | Tuesday, May 15, 2018

Apple CEO Tim Cook remembers Steve Jobs in heartfelt commencement speech

Cook told new graduates: "We reject the excuse that getting the most out of technology means trading away your right to privacy". He added: 'The truth is, we could make a ton of money if we monetized our cu...More..

Judge Orders Wells Fargo To Pay California Workers $97 Million
by | Tuesday, May 15, 2018

Judge Orders Wells Fargo To Pay California Workers $97 Million

The stock underperformed the S&P 500 by 19.30%. (NYSE:TCI) for 3,799 shares. About 8.01M shares traded. During the same quarter a year ago, the firm earned $1.00 EPS. Legacy Private Tru holds 0.08% or 11,195 sh...More..

Apps Suspended in Facebook's Ongoing Internal Data Misuse Investigation
by | Monday, May 14, 2018

Apps Suspended in Facebook's Ongoing Internal Data Misuse Investigation

The social media giant is conducting a review, as a result of the Cambridge Analytica data misuse scandal. He promised in a March 2018 post that the company will investigate these apps, and ban those th...More..

Gas prices rise 7 cents
by | Monday, May 14, 2018

Gas prices rise 7 cents

Despite the higher pump prices, AAA predicts more than more than 41.5 million Americans will travel this Memorial Day weekend, with 36.6 million of that number traveling by auto . The cheapest gas in Florida w...More..

Oil prices under pressure since Trump's Iran announcement
by | Monday, May 14, 2018

Oil prices under pressure since Trump's Iran announcement

The oil-cartel expects non-OPEC supply in 2018 to grow by 1.7 million barrels year-over-year, almost 90% of which should come from the U.S. Oil prices have been a bit of a roller-coaster ride so far this year...More..

Woman kicked off flight sues United Airlines claiming racial discrimination
by | Monday, May 14, 2018

Woman kicked off flight sues United Airlines claiming racial discrimination

United Airlines representatives said they would not comment. Per court papers, Obioma was completing the third leg of her 16-hour trip from Lagos, Nigeria to Ontario, Canada where her children attend board...More..

The Tesla drone crashed into a truck at a red light
by | Monday, May 14, 2018

The Tesla drone crashed into a truck at a red light

Police mentioned it is not instantly identified whether or not the Tesla's autopilot driving system was in use when it rear-ended a truck apparently with out braking earlier than influence at roughly 60 miles...More..

Xerox announces termination of merger deal with Fujifilm
by | Monday, May 14, 2018

Xerox announces termination of merger deal with Fujifilm

Xerox terminates merger with Fujifilm. Icahn and Deason own 15% of the U.S. tech firm. Copier company Xerox Corp. said Sunday it was ending an agreement to combine with Japan's Fujifilm Holdings and is ente...More..

Who earned how much from Walmart-Flipkart deal
by | Monday, May 14, 2018

Who earned how much from Walmart-Flipkart deal

Now the Economic Times is reporting that SoftBank might not be selling those shares , which it acquired previous year, after all. "Walmart is using the e-commerce route to circumvent the rules to attack (t...More..

Chili's reports data breach
by | Monday, May 14, 2018

Chili's reports data breach

Dallas , Texas-based Brinker International - which operates over 1,600 Chili's outlets worldwide - said that some of the chain's restaurants have been involved in the incident, which is believed to have taken p...More..

Petrol, diesel prices hiked after Karnataka elections
by | Monday, May 14, 2018

Petrol, diesel prices hiked after Karnataka elections

With this, the price of petrol in Thiruvananthapuram is now Rs. 78.78 per litre, while that of diesel is Rs. 71.75 per litre. Petrol and diesel prices were last revised on 24th April 2018. Oil Minister Dharmend...More..

UAE's national oil company to invest 45bln Dollars into new refinery complex
by | Sunday, May 13, 2018

UAE's national oil company to invest 45bln Dollars into new refinery complex

Building on the existing strengths and competitive advantages of the Ruwais Industrial Complex, ADNOC will create the world's largest and most advanced integrated refining and petrochemicals complex. Pradhan al...More..

Oil price hits $70 for first time since 2014
by | Sunday, May 13, 2018

Oil price hits $70 for first time since 2014

Richard Nephew , who helped design Iran sanctions while serving in the State Department under President Barack Obama, told Morning Edition on Wednesday that it will be hard to persuade Europeans to change...More..

NITI Aayog welcomes $16 bn Walmart-Flipkart deal
by | Sunday, May 13, 2018

NITI Aayog welcomes $16 bn Walmart-Flipkart deal

Apart from outlining Flipkart's IPO plans, Walmart also detailed other clauses of its shareholding agreement, including the constitution of the Flipkart board for the next two years. "No termination fee would...More..

by | Sunday, May 13, 2018

Are Analysts Bearish Avon Rubber plc (LON:AVON) After Last Week?

Listed here are William Hill plc (LON:WMH) PTs and latest ratings. Brandywine Glob Invest Management Ltd Company holds 0.04% or 224,627 shares. California-based Schwab Charles Inv has invested 0.01% in Presiden...More..

Canara Bank posts huge loss on bad loans
by | Sunday, May 13, 2018

Canara Bank posts huge loss on bad loans

For the entire fiscal, 2017-18, the bank has posted a net loss of Rs 1,923.15 crore. It also reported that its gross non-performing assets went up to Rs 26,562.79 crore as on March 31, 2018, up by 28 per cent...More..

Oil prices near multi-year highs as Iran sanctions tighten supply outlook
by | Saturday, May 12, 2018

Oil prices near multi-year highs as Iran sanctions tighten supply outlook

Rising oil prices just passed another milestone. Brent crude futures, the global benchmark for oil prices, were at $77.47 per barrel at 0057 GMT, unchanged from their last close. The global benchmark cr...More..

by | Saturday, May 12, 2018

Nanoco (LON:NANO) Earns Buy Rating from Peel Hunt

In a research report sent to investors and clients by Credit Suisse's stock analysts, Just Group (LON:JUST) had it's stock Rating kept to "Neutral". Artisan Partners Asset Management Inc .is publicly owned i...More..

North Korea summit set for June 12 in Singapore, Trump says
by | Saturday, May 12, 2018

North Korea summit set for June 12 in Singapore, Trump says

Pompeo returned overnight with three captive Americans during his most recent trip. " Tony Kim , a US citizen in his late 50s briefly taught accounting at Pyongyang University of Science and Technology ,...More..

Calm before De Lille storm hits Cape Town high court
by | Saturday, May 12, 2018

Calm before De Lille storm hits Cape Town high court

But De Lille told EWN that she had rejected the offer. ".the effect will be that [De Lille] will not be a member of the DA‚ a councillor or the mayor". De Lille's lawyers are making out a case in the high cou...More..

Top South Korean Crypto Exchange Raided by Local Police
by | Saturday, May 12, 2018

Top South Korean Crypto Exchange Raided by Local Police

Upbit is one of the largest crypto exchanges in the world, supporting a great variety of cryptocoins across more than 250 trading pairs. According to Korean news, the raid happened over the course of ...More..

by | Saturday, May 12, 2018

On May 11, 2018 BofA Merrill Upgrades Petrobras Brasileiro (PBR).

The return on equity ratio or ROE stands at -604.3 percent while most common profitability ratio return on investment ( ROI ) was -4.6 percent. Percolating inflation also is a pain point for bond prices, which ...More..

Hero pilot of deadly Southwest flight wasn't supposed to be on plane
by | Saturday, May 12, 2018

Hero pilot of deadly Southwest flight wasn't supposed to be on plane

About 20 minutes after Flight 1380 left La Guardia Airport to Dallas on April 17, the plane's left aspect engine exploded, sending shrapnel and particles into the airplane's fuselage. Due to Southwest protocol,...More..

Fox Cancels Lucifer, The Exorcist
by | Saturday, May 12, 2018

Fox Cancels Lucifer, The Exorcist

That appears to be the case with Lucifer , canceled by Fox Friday despite what the drama's executive producer says was "a season finale with a huge cliffhanger" created to prevent cancellation of the devilish ...More..

Ford to restart truck production at 2 factories
by | Saturday, May 12, 2018

Ford to restart truck production at 2 factories

The F-150 has been the top selling United States vehicle by any manufacturer for more than 40 years. The fire was at a plant in Eaton Rapids, Michigan owned by Meridian Magnesium Products. Automotive News al...More..

Wall Street rises as CPI data cools inflation fears
by | Saturday, May 12, 2018

Wall Street rises as CPI data cools inflation fears

European markets closed higher yesterda: London's FTSE was closedt, Paris added 0.3 per cent and Frankfurt gained 1 per cent. The Dow Jones Industrial Average was on track for sixth day of gains and the S&P ...More..

WestJet Pilots Overwhelmingly Vote to Take Strike Action
by | Saturday, May 12, 2018

WestJet Pilots Overwhelmingly Vote to Take Strike Action

The Air Line Pilots Association says members voted 91 per cent in favour of strike action. "The goal is-and always has been-to secure a fair collective agreement that brings stability to the airline, and not ...More..

Cincinnati Reds vs. Los Angeles Dodgers Matchup 05/10/18
by | Saturday, May 12, 2018

Cincinnati Reds vs. Los Angeles Dodgers Matchup 05/10/18

After the New York Mets traded away one of the most polarizing players in team history on Tuesday inMatt Harvey, some notable comments began coming in from current Mets officials and a former manager who kn...More..

Npower to hike up energy bill for a million customers
by | Saturday, May 12, 2018

Npower to hike up energy bill for a million customers

Simon Stacey, npower's managing director for domestic markets, said: "Announcing this price change today isn't a decision we've taken lightly". The company blamed "wholesale and policy costs" which are "large...More..

Huawei Makes Bitcoin Wallet App Available for Its Latest Smartphones Users
by | Saturday, May 12, 2018

Huawei Makes Bitcoin Wallet App Available for Its Latest Smartphones Users

Adam Reese is a Los Angeles-based writer interested in technology, domestic and worldwide politics, social issues, infrastructure and the arts. Huawei Technologies Co . The launching is expected to have a bi...More..

Facebook is Planning on Creating Its Own Cryptocurrencies
by | Friday, May 11, 2018

Facebook is Planning on Creating Its Own Cryptocurrencies

Facebook Inc Chief Executive Mark Zuckerberg on Tuesday ordered one of the biggest management shakeups in the history of the social network, giving more responsibility to his chief product officer and launching...More..

FCC to end net neutrality protections June 11
by | Friday, May 11, 2018

FCC to end net neutrality protections June 11

He also said many politicians had sought to "mislead" the public about the repeal's impact. Several Internet service providers (ISPs) were accused of throttling and restricting the access of their customers to ...More..

Starbucks opens bathrooms to all visitors after controversy
by | Friday, May 11, 2018

Starbucks opens bathrooms to all visitors after controversy

The change comes after a black man was denied use of a Starbucks bathroom while waiting to meet a business associate in a Philadelphia store. Howard Schultz , executive chairman of Starbucks , cited t...More..