Economy

Oil futures climb 1 percent after US stockpile draw

Oil futures climb 1 percent after US stockpile draw

Some are also warning that other countries may follow suit. He said that thanks to increasing efficiency, USA shale oil producers would likely deliver an additional 1.5 million barrels of crude a day to the market in 2018. West Texas Intermediate crude oil futures were surging Thursday after the U.S. Energy Information Administration reported a larger-than-expected draw in domestic crude oil inventories. Read More

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Murray Looks Strong Again; Loaded Sunday Schedule at French Open

Del Potro, who beat Murray the last time they met at the Davis Cup in September previous year, was struggling with a groin injury sustained in his last match but broke serve just three games in to take a 3-1 lead. I'm working things out whilst I'm playing the matches, and that's the really, really important part of my game, making adjustments. Del Potro's forehand was cooking during the opening frame but the world number one was able to tame his biggest weapon during sets two and three. Read More

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Three lawsuits allege foot-dragging by Fox on harassment

Three lawsuits allege foot-dragging by Fox on harassment

According to the complaint, Flatter would refer to a female anchor as the "Title IX Anchor", Hillary Clinton as "Hillary Clit-on", and openly call females - including Lee - "sluts and whores". Lee says she has faced continued retaliation for speaking out. New York City lawyer Douglas Wigdor filed lawsuits in federal court in Manhattan on behalf of Kathleen Lee , a Fox News Radio shift editor who says she was sexually harassed and subjected to "unceasing retaliation" for complaining, ... Read More

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Portland victim's mother appeals Trump to speak against intolerance

Portland victim's mother appeals Trump to speak against intolerance

Destinee personally made him a shirt she is such a caring young lady who is so grateful to the courageous men that now Our Heros. "We've got all kinds of things", said Murr Brewster, who came to see a memorial at the city's transit center. You call it terrorism I call it patriotism. Christian was arraigned in Multnomah County Circuit Court on three felony murder charges, one felony assault charge, three felony weapons charges and two misdemeanour counts of intimidation. Read More

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Climate action 'unstoppable,' nations should stay course — UN chief

Climate action 'unstoppable,' nations should stay course — UN chief

India , for its part, signed the deal in 2016 under the implicit understanding that developed nations such as the US would provide it with $2.5 trillion over 15 years to help reduce greenhouse gasses. It is clear that whoever takes office in the United Kingdom on the 9th of June will be committed to tackling climate change. Mr Peduto responded by saying: 'Pittsburgh stands with the world and will follow Paris agreement'. Read More

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Ransomware WannaCry Infected Almost Only Windows 7 PCs

Ransomware WannaCry Infected Almost Only Windows 7 PCs

Tests reveal that Wanakiwi works on Windows 7 and older versions of Windows XP and 2003, according to Suiche, who believes that the rapidly designed solution also works on Windows Vista and Windows 2008. French researchers reported on Friday that they finally discovered a way to save Windows files affected by WannaCry encryption attack, which started last Friday and has infected over 300,000 computers in almost 150 countries. Read More

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Mulvaney Slams Democratic 'Demagoguery' About White House Budget

Mulvaney Slams Democratic 'Demagoguery' About White House Budget

Mulvaney said. Mnuchin's comments came shortly after White House budget director Mick Mulvaney said that government "receipts now are coming a little bit slower than expected". That transparent gimmick has been roundly mocked by economists, with former Treasury Secretary Larry Summers calling it "the most egregious accounting error in a presidential budget in the almost 40 years I have been tracking them". Read More

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UAE, Egypt cut diplomatic ties to Qatar

Saudi Arabia , the United Arab Emirates , Egypt and Bahrain say they are severing diplomatic relations with Qatar. The airline's decision comes as Bahrain, Egypt, Saudi Arabia and the UAE all cut diplomatic ties Monday to Qatar over its support of Islamist groups and its relations with Iran. Read More

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World Health Assembly Elects Tedros Adhanom Ghebreyesus as New WHO Director

Tedros said he preferred to see global agencies including WHO, the World Bank, GAVI, [the Vaccine Alliance], and [the] Global Fund as part of one "big envelope.' 'We need to expand the donor base ..." Prior to his election as WHO's next Director-General, Dr Tedros Adhanom Ghebreyesus served as Minister of Foreign Affairs, Ethiopia from 2012-2016 and as Minister of Health, Ethiopia from 2005-2012. Read More

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BA board set to demand external probe into bank holiday IT collapse

British Airways' disastrous computer outage that knocked out its IT systems and left 75,000 passengers stranded over the bank holiday weekend was the result of a contractor who inadvertently switched off the power supply. But he said there would still be delays, as well as some canceled short-haul flights. Cruz described the cause of the failure as "a power supply issue", without going into detail. Read More

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Stagecoach Group plc (SGC) Rating Reiterated by Liberum Capital

The stock's 50 day moving average price is GBX 1,461.00 and its 200-day moving average price is GBX 1,498.88. The stock, after opening at $29.80, closed at $29.86 by scoring -0.40%. HSBC downgraded the shares of PTR in report on Thursday, March 10 to "Reduce" rating. Finally, Macquarie downgraded shares of Lloyds Banking Group PLC from an "outperform" rating to a "neutral" rating in a research note on Friday, April 21st. Read More

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Russia Services Growth Improves Unexpectedly In May

The increase put the index within a hair of a six-year high reached in March and marked the 11th straight month of expansion in activity - indicated by a reading over 50. Service providers were optimistic about growth in the year ahead, although the expectations index slipped to a three-month low. In contrast, goods producers were at their most upbeat since last November. Read More

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EU, China summit to back Paris deal regardless of Trump

EU, China summit to back Paris deal regardless of Trump

China will "steadfastly" implement the Paris climate pact, Premier Li Keqiang said Thursday, urging others to do likewise as US President Donald Trump was due to announce whether he will keep Washington in the deal. If the US does leave, he said, the Europe Union should seek ways to balance out the economic advantage that USA companies might have from the absence of climate regulations. Read More

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Oil price plunges 4%% as OPEC agrees to extend production cuts

Not only did Opec underwhelm the market, many commentators believe curtailment of the cartel's output will be matched by further increases in USA shale production, with the headline output stateside tipped to rise to 10m bpd. Otherwise, oil's weakness was the standout feature of Friday's markets. The OPEC alliance faces competition from USA shale producers. Nigeria and Libya would also be exempted from the cuts as their output has remained curbed by disturbed conditions internally. Read More

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Can analysts adopt a bullish outlook for Sophos Group PLC (LON:SOPH)?

Sophos Group PLC (LON:SOPH) has 0.00% since June 2, 2016 and is. Finally, Macquarie reaffirmed an "outperform" rating and set a GBX 2,100 ($26.97) price objective on shares of Wpp Plc in a research note on Friday, April 7th. had 24 analyst reports since July 31, 2015 according to SRatingsIntel. Deutsche Bank maintained Sophos Group PLC (LON:SOPH) on Friday, May 27 with "Buy" rating. Read More

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Djokovic sinks Ramos-Vinolas to reach Paris quarters

PARIS (AP ) - Novak Djokovic and other players at the French Open say they are not anxious about competing at Wimbledon next month despite the recent attacks in Britain. In his next outing in the fourth round he will meet unseeded Spaniard Fernando Verdasco. On the first, Raonic wrong-footed Carreno Busta with a forehand victor. Read More

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Djokovic sinks Ramos-Vinolas to reach Paris quarters

Djokovic sinks Ramos-Vinolas to reach Paris quarters

PARIS (AP ) - Novak Djokovic and other players at the French Open say they are not anxious about competing at Wimbledon next month despite the recent attacks in Britain. In his next outing in the fourth round he will meet unseeded Spaniard Fernando Verdasco. On the first, Raonic wrong-footed Carreno Busta with a forehand victor. Read More

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What We Expect Apple to Announce at WWDC 2017

Apple's WWDC is all about developers, but for the general folks, and those who love Apple, this is a chance to glimpse at what is coming up. iOS 11 will be showcased first at WWDC 2017 , and we will get a look at the new features. Apple will announced a number of things at the event, this will include the new version of macOS Sierra, iOS 11 , plus a new range of MacBook notebooks. Read More

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Power surge at British Airways data center causes flight chaos

Power surge at British Airways data center causes flight chaos

He went on: "We have created a dedicated page on ba.com providing customers with all the information they need to make a claim". This sky-high bill could damage the airlines reputation as Damian Brewer of RBC Capital Markets said: "The bad PR and potential reputational aftermath will likely hit future revenues beyond the likely material impact on directly related costs". Read More

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Putin plays down ties with President Trump's ex-adviser Flynn

In this May 8, 2017, photo, then-FBI Director James Comey speaks to the Anti-Defamation League National Leadership Summit in Washington. "I made my speech". Putin noted that executives from perhaps 100 American companies were now in Russian Federation. "I don't know. The routine job of an ambassador - do you think that from all over the world or from the United States, the ambassador reports to me every day who he meets with or what they discuss there?" In response to questions about ... Read More

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World Bank sees improving global economy but risks remain

World Bank sees improving global economy but risks remain

It estimates the White House's proposed corporate-tax and income-tax cuts could boost near-term gross domestic product by almost 2 percentage points after two years. A bright spot in the outlook is a recovery in trade growth to 4 percent after a post-financial crisis low of 2.5 percent previous year. In addition, restrictive USA immigration policies could reduce growth. Read More

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OPEC Extends Oil Output Cut By Nine Months To Fight Glut

OPEC Extends Oil Output Cut By Nine Months To Fight Glut

Brent crude oil LCOc1 dropped as much as $1.24 a barrel to a low of $52.72 on Thursday before regaining ground to trade 20 cents lower at $53.76 by 1350 GMT (9:50 a.m. Amid expectations of the cuts being extended, the oil market remained stable. OPEC sources have said the Vienna meeting would highlight a need for long-term cooperation with non-OPEC producers. Read More

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Moody's cuts China credit rating over rising debt

Hong Kong's finance chief said on Thursday that he strongly disagrees with Moody's decision to cut the territory's credit rating following a sovereign debt downgrade on China. The Moody's move brings it more in line with rival agency Fitch, which last downgraded China in April 2013. The government has trimmed its 2017 gross domestic product target to around 6.5 percent. Read More

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How Analysts Feel About Sophos Group PLC (LON:SOPH)?

Shares of Jupiter Fund Management PLC ( JUP ) traded up 0.40% during trading on Friday, hitting GBX 506.00. The shares were acquired at an average cost of GBX 155 ($1.99) per share, with a total value of £15,500 ($19,910.08). The firm earned "Equal-Weight" rating on Tuesday, November 29 by Morgan Stanley. The rating was maintained by JP Morgan on Thursday, April 27 with "Underweight". Read More

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