Business

Gregg Allman of The Allman Brothers Band dies at age 69

Although older and wiser, Allman's past caught up with him; he went public with his Hepatitis C diagnosis in 2007 and underwent a liver transplant in 2010 . The guys were enjoying a first rush of...

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Trump promises to solve 'big issue' of North Korea

Sitting alongside the prime minister, Trump told reporters that they would be "discussing many things, including of course North Korea which is very much on our minds....we'll be discussing terroris...

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OPEC Cuts....So What! U.S. Crude Drops Below $50

By 1530 GMT (11:30 a.m. ET), Brent crude was down almost 3 percent at around $52.30 per barrel on disappointment OPEC would not deepen the cuts or extend them by as long as 12 months. Ministers are sc...

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OPEC and other nations set to extend output cuts

The group could also send a message to the market that it will seek to curtail its oil exports. "We are targeting that by the end of the extension period (nine months) we are trying to prep and fi...

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Greece deal must be reached by 15 June, says European commissioner

In a sign of a possible concession from both sides, Dijsselbloem said there had been "full agreement that the 3.5% primary surplus should remain for five years" and eventually fall, although he did ...

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Ford plans job cuts to boost profits

The job cuts are expected to be voluntary through the use of early retirement and separation packages, a Ford spokesman said. Ford has targeted approximately $3 billion in cuts in 2017, ahead of w...

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SIAM welcomes new GST rates on automobiles

Government ministers were continuing to meet yesterday to determine which goods fall under the GST's five broad rates, along with final details on an exemption list, input tax credits and transition...

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Newark Airport Terminal Evacuated After Pressure Cooker Is Discovered

Newark Airport Terminal Evacuated After Pressure Cooker Is Discovered

Someone reported a brown shopping bag had been left next to a large garbage can, the sources said. New Jersey's bomb squad responded to a suspicious pressure cooker at the Newark Liberty Airport o...

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Dem wants to know if Trump pressed intel chiefs

Mr Bortnikov twice denied Russia had interfered with the election but said he would carry Mr Brennan's message to Russian President Vladimir Putin . Brennan says he thinks Russian Federation cooper...

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London tourist attractions closed after UK warns another attack likely

London tourist attractions closed after UK warns another attack likely

Allegations that the U.S.is mishandling intelligence from an ally has already been in the news this month - after Trump spoke with senior Russian officials in the Oval Office and reportedly describe...

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OPEC to extend output cuts, to set up OPEC-India Working Group

OPEC to extend output cuts, to set up OPEC-India Working Group

One supportive factor for oil prices have been U.S. data showing seven weeks of draws on domestic crude inventories, said Mark Watkins, regional investment manager at U.S. Too rapid a growth risks...

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Is Marathon Petroleum Corporation (MPC) Finding Support or Hitting Resistance?

Is Marathon Petroleum Corporation (MPC) Finding Support or Hitting Resistance?

The Morgan Stanley holds 2.58 million shares with $180.22 million value, down from 3.73 million last quarter. Marathon Petroleum Corp (NYSE:MPC) traded up 0.57% during trading on Monday, reaching $5...

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OPEC likely to extend output cuts, but price relief elusive

OPEC likely to extend output cuts, but price relief elusive

So far, the production-cut agreement has had little impact on global inventory levels due to rising supply from producers not participating in the accord, such as Libya , and a relentless increase in...

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Nigeria to maintain crude output as cut extended

U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $51.87, up 51 cents, or 1 percent. Crude sits substantially below the highs above $100 a barrel reached in 2014, but is priced high enough...

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China, US reach agreement on beef, poultry and natural gas

As for chicken, the complementary trade is one that Beijing has long pushed. Domestically produced Chinese beef is on sale at a supermarket in Beijing , Friday, May 12, 2017. While the Trump ...

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Loonie weakens as oil prices pull back

Loonie weakens as oil prices pull back

Crude oil fell 4.8 percent Thursday to close back below the $50-a-barrel level, only the third decline of this size since last summer. U.S. West Texas Intermediate (WTI) crude futures settled a...

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OPEC and non-OPEC nations poised to extend output cuts

But the hoped-for benefits could be short-lived. The price rise this year has spurred growth in the US shale industry, which is not participating in the output deal, thus slowing the market's rebala...

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Central banks launch forex market code of conduct

Central banks launch forex market code of conduct

The aim is to promote the integrity and effective functioning of the wholesale foreign exchange market, including ethics, governance, execution, information-sharing, risk management and compliance as ...

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Barrick Gold Corp's (ABX)

Barrick Gold Corp's (ABX) "Sector Perform" Rating Reiterated at Scotiabank

Among 22 analysts covering Barrick Gold Corp. Further, analysts have a 12 month target price of $58.59 on company shares. Barrick Gold Corp has a 52 week low of $13.81 and a 52 week high of $23.47...

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Senate leaders await analysis of GOP health bill

Senate leaders await analysis of GOP health bill

But the chamber also voted overwhelmingly to instruct its negotiators to reject any form of vouchers, recalling its stance while devising the budget in April when the House voted 103-43 to declare tha...

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OPEC agrees to extend output curbs, but falls short of experts' expectations

OPEC agrees to extend output curbs, but falls short of experts' expectations

ENERGY: Oil futures reversed earlier gains just ahead of a meeting of the Organization of the Petroleum Exporting Countries and other nations to meet and discuss production. Al-Falih in a speech p...

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Is Fox News About to Fire Sean Hannity After Advertisers Pull Out?

Is Fox News About to Fire Sean Hannity After Advertisers Pull Out?

Police have said Rich's unsolved murder was a case of robbery gone awry. " Out of respect for the family's wishes, for now, I am not discussing the matter at this time ", Hannity said. Hannity ,...

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Pakistan police fire tear gas, swing batons at farmers rally

Pakistan police fire tear gas, swing batons at farmers rally

Analysts will be closely watching Dar's final budget before the 2018 election for any clues about populist giveaways and to see if his government will maintain the macroeconomic discipline that has ...

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Trump meets European Union and North Atlantic Treaty Organisation leaders in Brussels

In a presidential statement issued while Trump was at the ceremony, he called the Manchester leaks "deeply troubling", vowed to "get to the bottom" of them and called for a full investigation by US ag...

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Snap reports $2.2bn loss in Q1, slams Facebook

Snap reports $2.2bn loss in Q1, slams Facebook

Shares of Twitter Inc, which competes with Snap and had 328 million average monthly active users in the latest quarter, had also tumbled 24 percent after its first quarterly report . Snap report...

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Trump administration announces plans to renegotiate NAFTA

In a briefing for reporters, Lighthizer said the notification means that negotiations could start on August 16 and that USTR will publish the goals for the negotiations 30 days before negotiations beg...

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Investment Theme - Fed rate hike path supports broader trend of dollar strength

The Nasdaq composite jumped 52 points, or 0.8 percent, to 6,214, above the record it notched last week. The S&P increased two points to hit 2,401 - a new record. "Breaking through 2,400 on the S&P...

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Memorial Day Weekend Gas Prices

Memorial Day Weekend Gas Prices

Prices this year offer good and bad news for weekend road-trippers, said Allison Mac, a spokeswoman for GasBuddy . Gas prices are up slightly in metro Atlanta ahead of the Memorial Day weekend, but...

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Moody's downgrades Hong Kong credit rating after China cut

And can it do that whilst trying to maintain strong economic growth figures? In my view, it is likely that, like most of other analyses on China's debt risk, the Moody's analysis has confused China'...

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Trump, G-7 peers seek deals on terrorism, trade, climate

The summit takes place Friday and Saturday in Taormina , on the Italian island of Sicily . "Every time a terrorist murders an innocent person, and falsely invokes the name of God, it should be a...

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