Markets

Kuwait calls for longer oil cuts

Kuwait calls for longer oil cuts

OPEC will gather on May 25 to decide on whether to extend the accord. The International Energy Agency (IEA) has reported that the production cuts seem to be working, with global crude inventories stea...

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Costa admits Hazard would have to consider Real or Barca

Costa admits Hazard would have to consider Real or Barca

I think that Barcelona and Madrid will put their eyes on him sooner or later. "If Real Madrid were to sign Hazard and Courtois, poor Chelsea! " the Spain striker said. 'I am enjoying the success he...

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Oil drops after Saudis tell OPEC they reversed some output cuts

Oil drops after Saudis tell OPEC they reversed some output cuts

The earlier selloff came after investors were spooked by an increase in USA stockpiles, which materialized despite output cuts engineered by the Organization of the Petroleum Exporting Countries and o...

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Kabul: Blast destroys bus in Afghan capital, killing at least one

Kabul: Blast destroys bus in Afghan capital, killing at least one

Officials are still investigating that assault, which was claimed by Islamic State , but the two attacks underline the broad security threat in Afghanistan, where the Taliban have stepped up their in...

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Wholesale price inflation rises to 39-month high in February

Annual rate of inflation was 5.25 per cent for January 2017 and minus 0.85 per cent in February 2016. Wholesale price inflation was 5.25% in January. Moreover, in February, Kotak Mahindra Bank in it...

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NYC Sues Verizon Over FiOS Coverage

NYC Sues Verizon Over FiOS Coverage

In a lawsuit [ PDF ] filed today in a Manhattan court, the city says Verizon breached a franchise agreement [PDF] in which Verizon agreed to deploy its FiOS network throughout the city by "passing" ...

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Alberta's unemployment rate ticks downward to 8.3%, Canada ties 10-year record

Alberta's unemployment rate ticks downward to 8.3%, Canada ties 10-year record

The Federal Reserve, which has struggled to stoke inflation since the financial crisis and up until now raised rates less frequently than it and markets expected, may be about to hit the accelerator o...

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Intel Buying Israeli Self-Driving Car Technology company Mobileye for $15 Billion

Intel Buying Israeli Self-Driving Car Technology company Mobileye for $15 Billion

Mobileye is a company that develops vision-based advanced driver assistance systems and driverless technology. Intel partnered with Mobileye past year, along with BMW, with the goal of maki...

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Hartford insurer, other CT firms, named 'Most Ethical Companies'

Hartford insurer, other CT firms, named 'Most Ethical Companies'

Organizations interested in how they compare to the World's Most Ethical Companies are invited to participate in the Ethics Quotient . With 75,000 people - including more than 7,000 engineers - worki...

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Donald Trump tried to call Preet Bharara before firing him

Donald Trump tried to call Preet Bharara before firing him

The Indian-born Bharara was one of the 46 Obama-appointed district attorneys President Trump on Friday afternoon. But a US law enforcement official said Bharara declined to take the call, placed on Th...

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Heinz Taps Sterling Cooper Draper Pryce for Campaign (Yes, Really)

Heinz Taps Sterling Cooper Draper Pryce for Campaign (Yes, Really)

The ads would show close-ups of foods that go well with ketchup - French fries, a cheeseburger, a slice of steak - but without any ketchup in sight. "It only means one thing". Heinz will also tout the...

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China Jan-Feb factory, investment beat forecasts but retail sales disappoint

China Jan-Feb factory, investment beat forecasts but retail sales disappoint

Premier Li Keqiang announced a 2017 official economic growth target of "around 6.5 percent, or higher if possible" in a government work report delivered to the National People's Congress on Marc...

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Toshiba Tec shares rise more than 6 percent on sale report

Toshiba Tec shares rise more than 6 percent on sale report

The extension request, which comes after the beleaguered TVs-to-construction conglomerate first postponed the release of audited earnings a month ago, sent Toshiba's shares sliding 8 percent in mornin...

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Intel Agrees To Acquire Major Self-Driving Technology Firm For $15.3B

Intel Agrees To Acquire Major Self-Driving Technology Firm For $15.3B

On Monday's call, Amnon Shashua, a co-founder of Mobileye and its current CTO, said that his company would work with Intel to take advantage of the chip maker's capabilities in the data center...

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Fed, in shift, may move to faster pace of rate hikes

Fed, in shift, may move to faster pace of rate hikes

This was partly due to the construction sector, which recorded its largest gain in almost a decade due to unseasonably warm weather. Still, Trump stitched together an Electoral College victory in pa...

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Analyst Recommended Stock: Pennsylvania Real Estate Investment Trust (NYSE:PEI)

Analyst Recommended Stock: Pennsylvania Real Estate Investment Trust (NYSE:PEI)

Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms. The average twelve-month target price among brokers that...

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With just 90 votes, Irom Sharmila's struggle against AFSPA reaches dead end

With just 90 votes, Irom Sharmila's struggle against AFSPA reaches dead end

Irom Sharmila's failure to get public support in Manipur election is not something to be laughed at and neither is it something to be embarrassed about; rather it reflects a clear picture of how polit...

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BJP stakes claim to form govt, Ibobi to resign by tomorrow

BJP stakes claim to form govt, Ibobi to resign by tomorrow

He went to the Raj Bhawan with BJP leaders and assured support to the BJP when they form the government in the state. Speaking to media here, Heptulla stated that she is a "straightforward person" a...

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RBI gift to nation on Holi: Removes limit on cash withdrawal

RBI gift to nation on Holi: Removes limit on cash withdrawal

In February the RBI had raised the weekly withdrawal limit per account to Rs.50,000 from Rs.24,000. Arun Jaitley answered a question in parliament and said that it was hard to provide an exact figure ...

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Intel to buy former Tesla Autopilot partner MobilEye for $15.3 billion

Intel to buy former Tesla Autopilot partner MobilEye for $15.3 billion

Intel on Monday morning confirmed earlier reports that it will acquire Jerusalem-based self-driving technology company Mobileye for $63.54 a share, or $15.3 billion in total. Other high-profile d...

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Years Ago The First Girl Scouts Meeting Was Held In Savannah

Years Ago The First Girl Scouts Meeting Was Held In Savannah

The Girl Scouts team, calling themselves the "The Troopers", bet the Apothecarium medical marijuana dispensary that they could raise more money for K2C than the dispensary could. Girl scout day is tom...

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Intel's $15 billion deal races across social media

Intel's $15 billion deal races across social media

This is not the first time an Israel based computer vision company is in the news. The company received an investment of $130 million from Goldman Sachs in 2007. It will be led by company chairman Amn...

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Telangana Budget Sessions 2017

Telangana Budget Sessions 2017

Replying to a query on Public Debt Outstanding, he said it was a total of Rs 93,115.16 crores in 2015-16, Rs 1,14,813.82 crores in RE (Revised Estimates) of 2016-17 and Rs 1,40,523.17 crores in Budget...

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FA Cup semi-finals: Huge boost for Arsenal's chances of glory?

FA Cup semi-finals: Huge boost for Arsenal's chances of glory?

Antonio Conte's men dispatched Manchester United at Stamford Bridge, courtesy of N'Golo Kante's superb strike. The semi-final fixtures will take place at Wembley on April 22 and 23. Manchester City ...

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Bill Ackman sells Valeant stake, to step down from board

Bill Ackman sells Valeant stake, to step down from board

Valeant Pharmaceuticals Intl Inc (NYSE:VRX) is now tied for the eighth highest rated stock in the BNL Research Platform with a score of 88. The fact that VRX stock fell in light of these catalysts ...

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Backlash against Wall Street 'banker' as Fearless Girl photo goes viral

Backlash against Wall Street 'banker' as Fearless Girl photo goes viral

The incident took place the day after International Women's Day on Wednesday, not long after the statue's installation. Since making her photo public, it has gone viral - with nearly 13,000 shares, ...

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Minneapolis whacks Surdyk's for flaunting Sunday liquor law

Minneapolis whacks Surdyk's for flaunting Sunday liquor law

The Minneapolis license division slapped Jim Surdyk with a $2,000 fine and a 30-day license suspension for not waiting until the new state law takes effect to begin selling on Sundays. "I mean, we're ...

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Trump Voters Would Be Among Biggest Losers in Republicans' Obamacare Replacement Plan

Trump Voters Would Be Among Biggest Losers in Republicans' Obamacare Replacement Plan

Chamber of Commerce (for) to the Koch-brothers-backed Americans for Prosperity (against) - will likely spend millions on ads to sway public opinion. Doing so has proven more hard than may have been ex...

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US Government Bonds Tick Lower Ahead of Fed Meeting

US Government Bonds Tick Lower Ahead of Fed Meeting

The Taylor Rule, developed by Stanford economist John Taylor, is a mathematical formula that seeks to target the fed funds rate using the current inflation rate and real GDP. They claimed they would r...

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Misys and D+H to Merge via PE Firm

Misys and D+H to Merge via PE Firm

Since then, Vista has been considering alternative plans for Misys . The combination will bring together D+H's "depth in North America and leadership" and Misys's "strong market position in Europ...

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Emissions review expected to be announced by Trump

Emissions review expected to be announced by Trump

This will be his first visit to the state as President. The news agency's sources said the administration had made a decision to review the 2022 to 2025 vehicle emissions rules, retained in the fina...

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Rent falls for the first time since late 2010

Rent falls for the first time since late 2010

This is the first drop since November 2010. The reason? Well, the folks at Countrywide reckon it's down to a recent increase in the number of rental properties available in London, which is partly d...

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Gordmans to liquidate under bankruptcy

Gordmans to liquidate under bankruptcy

Liquidation usually leads to store closings but the president and CEO of Gordmans says all stores will operate as usual until further notice. In its filings, the company said that it would close all...

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Zacks Investment Research Upgrades H & R Block Inc (HRB) to "Hold"

Finally, Oppenheimer Holdings Inc. reissued a "market perform" rating on shares of H & R Block in a research report on Friday, December 9th. Whereas 4 of them predict the stock is a hold. H&R Block, I...

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Thai central bank chief says not anxious if Fed raises U.S. rates

Thai central bank chief says not anxious if Fed raises U.S. rates

The Treasury bond sell-off came ahead of the February jobs report due out on Friday, which is expected to show that the United States economy added 200,000 jobs last month. Analysts feel the Fed will ...

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