Finance

OPEC likely to extend production cuts into next year

OPEC likely to extend production cuts into next year

At 516.3 million barrels, USA crude inventories were the smallest since mid-February, a sign that OPEC's efforts to reduce world supply are starting to have an effect in the United States, the wor...

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Renminbi Series China suffers one notch downgrade from Moodys

The new rating will likely raise borrowing costs, though it is still the fifth highest on Moody's investment grade scale. Moody's downgrades China's rating for first time since 1989One of the world'...

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Mnuchin Urges Congress to Raise U.S. Debt Limit by August Recess

Mnuchin Urges Congress to Raise U.S. Debt Limit by August Recess

Mnuchin has urged lawmakers to move quickly to remove investor doubt about any potential default. The actual end of the debt limit suspension arrived in the middle of March. Mnuchin did not offer an...

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Microsoft announce the arrival of iTunes to the Windows Store

The upcoming Windows 10 Fall Creators Update is underlining this philosophy with features like Timeline and new Cortana capabilities that will make it easier for people to use their Android an...

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Donald, Melania, & Ivanka Trump Meet Pope Francis, Meeting Described as 'Stiff'

Later in the week, Trump travels to Brussels for a North Atlantic Treaty Organisation meeting and Sicily for a G7 gathering. "He is something", Trump said of the Pope later in the day, durin...

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The US would find a cooperative approach to Iran the better option

The Department of State released on May 17 its semi-annual report to Congress detailing sanctions imposed on persons involved in human rights abuses in Iran . Among these sceptics are the conservativ...

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Rocket launch a huge step for New Zealand's space industry

Rocket launch a huge step for New Zealand's space industry

Team delighted. More to follow!' the company announced via Twitter about 4.30pm (2.30pm AEST). Today's launch was the first of three test flights scheduled for this year. Electron, developed by the ...

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Chinese stocks fall to seven-month low on Moody's downgrade

Moody's on May 24 slashed China's credit rating for the first time in nearly three decades citing concerns about the country's rising debt and slowing growth, but Beijing rejected the downgrade a...

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Settlement with Johnson & Johnson Concerning the Quality of Over-The-Counter Drugs

Settlement with Johnson & Johnson Concerning the Quality of Over-The-Counter Drugs

The Complaint filed today by the State of Vermont alleges that Defendants, acting through McNeil, violated Vermont's consumer protection law by misrepresenting their cGMP compliance and the quality ...

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Donald Trump denied Melania's hand - again

To get to Bethlehem, the location of the Church of the Nativity, where Jesus is said to have been born, Trump passed through an Israeli checkpoint and a network of vast concrete blastwalls that separa...

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Are Analysts Bearish General Electric Company (NYSE:GE) After Last Week?

Are Analysts Bearish General Electric Company (NYSE:GE) After Last Week?

Karpas Strategies Ltd holds 2.35% or 157,855 shares. Hollifield Matthew V also sold $753,162 worth of Lowe's Companies, Inc. ROA ratio indicates how profitable a company is relative to its total ass...

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Moody's: Dragon economy to lose strength; debts to soar

It added to its losses Wednesday after the Moody's announcement, trading down 0.6% by the early afternoon. A spokesman for the Ministry of Finance said Moody's report "overestimated the difficulties...

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Trump Budget Still Funds One Big Climate Program

Trump's proposal could have a disproportionate effect on Republican-leaning states - seven of the 10 states with the highest food stamp participation supported Trump. Funding for the National Institu...

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Halma plc (HLMA) Given Consensus Rating of "Hold" by Analysts

JPMorgan Chase & Co. raised their target price on Halma plc from GBX 910 ($11.84) to GBX 925 ($12.03) and gave the company a "neutral" rating in a report on Friday, March 24th. This represents a yield...

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Tredje AP fonden Has $887000 Position in Frontier Communications Corp (FTR)

Morgan Stanley downgraded it to "Equal-Weight" rating and $5.40 target in Monday, July 18 report. Vetr downgraded Frontier Communications Corp from a "strong-buy" rating to a "buy" rating and se...

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North Korea Test Fires Mid-Range Missile Amid Growing Tensions

North Korea Test Fires Mid-Range Missile Amid Growing Tensions

The United Nations Security Council has strongly condemned North Korea's ballistic missile launch conducted this past Sunday, May 21. China urged the DPRK not to violate UN Security Council ...

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Brazil's Temer loses another aide as pressure mounts

Brazil's Temer loses another aide as pressure mounts

Former President Luis Inácio Lula da Silva is leading the presidential election polls, but he is also facing corruption charges. In order to help rebuild support among legislators and their constitu...

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Engine of SFO-bound plane catches fire at Newark Airport

Engine of SFO-bound plane catches fire at Newark Airport

No injuries were reported in the fire, but one person was injured in a fall, possibly during the evacuation, the sources said. As the plane was taxiing on the runway, one of the plane's engines appe...

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Kawhi Leonard Officially Questionable for Game 3 vs. Warriors with Ankle Injury

Kawhi Leonard Officially Questionable for Game 3 vs. Warriors with Ankle Injury

San Antonio's only hope might be a heroic return by Leonard on Saturday for Game 3 , but that might not be enough to stop the momentum Golden State is building. Whether they win or they lose, I wa...

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Diallo withdraws from NBA Draft, will play at UK

Diallo withdraws from NBA Draft, will play at UK

He did not hire an agent and had until midnught to make a decision on whether he wanted to return to school or turn professional. Diallo, who redshirted during the second semester of the 2016-2017 s...

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Ford to cut 10pc of global workforce, report says

Ford to cut 10pc of global workforce, report says

Ford's move to cut its salaried workforce instead of assembly-line workers could protect it from scrutiny by President Donald Trump . When Autocar UK asked Ford UK whether British or European jo...

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USA stocks broadly higher in afternoon trading; oil rises

Looking ahead to earnings forecasts, for the running fiscal period, Wall Street analysts have anticipated that the company will report 0.96 earnings per share. (NASDAQ: ROST ) to post quarterly earni...

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TSA tests screening larger electronic devices separately

TSA tests screening larger electronic devices separately

TSA officials say the new procedure is not connected to the restrictions the agency imposed in March forbidding passengers from bringing electronic devices such as laptops into airplane cabins for f...

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OPEC likely to extend oil output cuts, but price relief elusive

Mills said that while "you can't say OPEC is dead", US oil producers are poised to scale up their share of the global oil market. OPEC's second-largest producer, Iraq , had insisted on limiting...

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Boeing will build DARPA's XS-1 Spaceplane

Boeing will build DARPA's XS-1 Spaceplane

Boeing will develop an autonomous, reusable spaceplane capable of carrying and deploying a small expendable upper stage to launch small (3,000 pound/1,361 kg) satellites into low Earth orbit. The firs...

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China stocks fall after rating cut, other Asian markets gain

The ratings cut has raised some concern Chinese firms may face higher overseas borrowing costs, forcing them to raise more financing at home and squeeze market liquidity. Moody's Investors Service ...

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Oil prices rise as market awaits extended output cut

Iraq's Oil Minister Jabbar Al-Luaibi said nearly all countries participating in the cut had agreed to extend it, though there was no consensus yet on how long the extension should be. Rising U.S. o...

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Jack Daniel's owner Brown-Forman says it is not for sale

Stock is now moving with a positive distance from the 200 day simple moving average of approximately 14%, and has a solid year to date (YTD) performance of 18.83% which means the stock is constantly a...

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Driver in Deadly Times Square Crash 'Heard Voices'

Driver in Deadly Times Square Crash 'Heard Voices'

A 13-year-old Portage middle school student is out of surgery after a crash that killed her sister in Times Square in New York City , a comment on Facebook from her father indicates. Police sa...

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Duterte places Philippine island under martial law, warns terrorists: 'I'll be harsh'

The emergency declaration took immediate effect and will last for 60 days, according to presidential spokesman Ernesto Abell. Duterte also said he might expand martial law to include Luzon and...

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President Trump meets with Pope Francis at Vatican

Or here delivering a papal dose of mirth to Angela Merkel in 2013 while they both fail miserably at rock, paper scissors. Many women, including high-ranking dignitaries, have visited the pontiff with ...

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23 million more uninsured with GOP health bill, analysts say

23 million more uninsured with GOP health bill, analysts say

Walden, chairman of the House Energy and Commerce Committee, issued the following statement regarding the Congressional Budget Office's score of the American Health Care Act . 1628 to help reduce p...

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Rouhani says Iran

Rouhani says Iran "heedless" of pressure to continue missile program

The Department of State released on May 17 its semi-annual report to Congress detailing sanctions imposed on persons involved in human rights abuses in Iran . Since the 1979 Islamic Revolution brou...

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Ivanka says Saudi progress on women 'encouraging'

Ivanka says Saudi progress on women 'encouraging'

Mr Trump was addressing the leaders of 50 Muslim-majority countries on Sunday afternoon in his first speech on foreign soil. Earlier in the day, Ivanka Trump met with a group of elite Saudi wome...

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Global cyberattack 'highly likely' linked to North Korea group

Global cyberattack 'highly likely' linked to North Korea group

A top cybersecurity firm say it's "highly likely" that the biggest cyberattack the world has ever seen is linked to a hacking group affiliated with North Korea . The malware included Trojan Volg...

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