Money

Oil Prices Drop as Market Grapples with Harvey Damage

Oil Prices Drop as Market Grapples with Harvey Damage Harvey, which brought record flooding to the USA oil heartland of Texas and killed at least 35 people, has paralysed at least 4.4 million barrels per day (bpd) of refining capacity, according to company reports and Reuters estimates. Following the meeting, was signed an agreement to reduce oil production by a total of 558,000 barrels per day starting from January 2017. Gasoline for September d... [Full Article...]

Crude Oil Prices Remain Pressured by Tropical Storm Harvey

Crude Oil Prices Remain Pressured by Tropical Storm Harvey EDT (1454 GMT). The withdrawal in US crude stocks is seen accelerating the market rebalancing targeted by the OPEC production cuts initiated earlier in the year, analysts said. Valero Energy Corp.is also said to be shutting its plant in the same area as flooding impacts the operation, according to a person familiar with the matter. [Full Article...]

PM to attend BRICS summit in China next month

PM to attend BRICS summit in China next month Both India and China said their troops would continue to patrol in the Doklam area as they did before the face-off. That led an infuriated China to accuse Indian troops of trespassing into territory to which it had no claim and demand their withdrawal. [Full Article...]

India's Demonetisation: 99% banned notes returned to Central Bank

India's Demonetisation: 99% banned notes returned to Central Bank The statistics come as a blow to prime minister Narendra Modi and his Bharatiya Janata Party (BJP), which had hoped demonetisation would punish Indians with undeclared stashes of cash known as "black money". "It was an ill-thought decision which created financial anarchy in the country". "The prime minister's missile on tax evasion missed the target", said Pankaj Revri, president of the mark... [Full Article...]

Self-driving Smart wants to set you up

Self-driving Smart wants to set you up It's called the Vision EQ ForTwo and is a fully electric two seater auto which has been developed for city use. As you've probably already guessed, the EQ concept is an autonomous vehicle with a fully electric powertrain. Mercedes predicts the number of people using auto sharing services worldwide will have increased fivefold by 2025 to 36.7 million. Smart has used its "Tridion" high-strength st... [Full Article...]

British 'blockbuster' bomb forces 70000 people from Frankfurt homes

British 'blockbuster' bomb forces 70000 people from Frankfurt homes Currently, there is a police presence at the construction site, which has also been taped off. The police said this would be the biggest evacuation in post-war Germany , reported AFP . Unexploded bombs are regularly found buried in Germany . A similar evacuation took place last Christmas when another British bomb was discovered in an unexploded state, requiring the evacuation of 54,0... [Full Article...]

Haseena Parkar song Tere Bina touches the romantic side of listeners

Haseena Parkar song Tere Bina touches the romantic side of listeners Haseena Parkar also stars Siddhanth Kapoor, real-life brother of Shraddha. About her upcoming movie " Haseena Parkar ", Shraddha says that she has gone through many look tests before she got the role to play Haseena Parkar . Her husband is attracted towards her and the feelings are mutual. In that journey our country saw Bombay bomb blast, Bombay riots, Babri Masjid Demolition, all these i... [Full Article...]

Toshiba misses memory sale deadline as Apple-backed bid returns

Toshiba misses memory sale deadline as Apple-backed bid returns The Bain consortium is offering 2 trillion yen ($18.2 billion) for the unit, of which Apple would provide 300 billion yen, NHK said. He said Apple needed to keep as many chip suppliers as possible in the market to keep prices competitive. [Full Article...]

Mumbai Rains: After worst floods since 2005, significant relief ahead

Mumbai Rains: After worst floods since 2005, significant relief ahead Mumbai: Even as the heavy rains receded on Wednesday, consumers stayed away, causing business to drop by over 50% in Masjid Bunder, India's largest wholesale market, in the heart of Mumbai . Expressing concern over the rain situation in Mumbai , Prime Minister Narendra Modi urged the people of the state to "stay safe" and take all essential precautions while speaking to Chief Minister Devendra... [Full Article...]

It is pouring in Mumbai since 24 hours, create flooding conditions

It is pouring in Mumbai since 24 hours, create flooding conditions Though nature is at peace for some time the Weather Bureau has asked the people not to leave their houses on Wednesday unless an emergency as more heavy showers is in the forecast. Till evening, six flights had been cancelled with 10 others forced to go-around and another 10 diverted to other airports, officials said. Its official account also warned people of a high tide which was expected to h... [Full Article...]

Qantas re-routes Sydney-London flights via Singapore

Qantas re-routes Sydney-London flights via Singapore Also from 25 March 2018, Qantas will re-route its now daily Sydney-London A380 service via Singapore instead of Dubai. The Australian airline added that the moves will also deliver financial benefits to both airlines, with Qantas' annualised net benefit estimated at more than A$80 million (Dh231m) from 2019 onwards. [Full Article...]

Oil prices soften as market assesses hurricane damage

Oil prices soften as market assesses hurricane damage Gulf Coast region. "With a portion of total US gasoline production shut in due to the prolonged effects of Hurricane Harvey, Canadians should expect a noticeable increase beginning this Wednesday". The result will be higher prices, but it should be just a one- or two-week problem, Joswick said. The Energy Information Administration reported a bigger-than-expected weekly drop in USA crude suppl... [Full Article...]

National Bank of Canada posts 3Q profit

National Bank of Canada posts 3Q profit U.S. President Donald Trump said "all options are on the table" in a written statement Tuesday in response to North Korea. On Wall Street, major indexes were relatively flat, but mixed. National Bank of Canada has a 1-year low of $45.11 and a 1-year high of $59.12. The Montreal-based bank said it had earnings of $1.04 per share. CAE Inc CAE.TO, which provides training for the aviation, defe... [Full Article...]

Birthday boy Warren Buffett reaffirms his love for Apple, but sinks Mondelez

Birthday boy Warren Buffett reaffirms his love for Apple, but sinks Mondelez The announcement was made after U.S. markets closed. Its shareholders are scheduled to vote on a second part of that transaction next month, which would increase Berkshire's stake from nearly 20 percent to 38 percent. The deal drought has bigger implications for Berkshire. If it wishes, Berkshire can use its preferred shares to satisfy the $5 billion cost of exercising the warrant. [Full Article...]

Education Realty Trust Inc. (NYSE:EDR) Under Analyst Spotlight

The rating was initiated by Barclays Capital with "Overweight" on Monday, October 19. BidaskClub upgraded Vornado Realty Trust from a "sell" rating to a "hold" rating in a research note on Tuesday, June 27th. Cleararc Capital owns 3,880 shares for 0.07% of their portfolio. Da Davidson reported 1,500 shares. ROA gives us an idea of how efficient management is at using assets to generate earnings We... [Full Article...]

Demonetisation: 10 figures that underline impact of PM Modi's note ban

Demonetisation: 10 figures that underline impact of PM Modi's note ban After deducting the expe-nditure for printing new notes, the net gain from the mammoth demonetisation exercise boils down to Rs 11,505 crore. CPI (M) General Secretary Sitaram Yechury said the Modi government can not be forgiven for demonetisation. [Full Article...]

Rep. King: NY won't 'abandon' Texas despite 'hypocrite' Ted Cruz

The problem with that particular bill is that it became a fifty billion dollar bill that was filled with unrelated pork , and what I said then, and what I still believe now is that it's not right for politicians to exploit a disaster when people are hurting to pay for their own political wish list. [Full Article...]

Trending Stock Analysis: Comcast Corporation (CMCSA)

Trending Stock Analysis: Comcast Corporation (CMCSA) Vale SA (ADR) (NYSE:VALE) has risen 111.11% since August 30, 2016 and is uptrending. It has outperformed by 11.39% the S&P500. Exxonmobil Investment Management Inc sold 61,739 shares as Comcast Corp New (CMCSA)'s stock rose 3.16%. As per Thursday, August 3, the company rating was upgraded by Guggenheim. Macquarie Research upgraded 3i Group plc (LON:III) on Thursday, September 24 to "Outperform" ra... [Full Article...]

Cisco Systems, Inc. (CSCO) skyrockets 7.97% since hitting worst price of $29.12

It closed at $31.48 lastly. As per Tuesday, August 9, the company rating was maintained by Citigroup. It has underperformed by 3.50% the S&P500. Investors sentiment decreased to 1.61 in 2016 Q4. (CSCO). A frequently used tool among technical stock analysts is the moving average. Pub Employees Retirement Association Of Colorado reported 969,912 shares stake. [Full Article...]

Oil demand is 'absolutely soaring' and the price will rise, analyst warns

Oil demand is 'absolutely soaring' and the price will rise, analyst warns Brent oil , the worldwide benchmark for crude trading, was down 50 cents at $51.50 a barrel by 1239 GMT. Oil traders were scrambling on Tuesday to move crude and fuel supplies through ports in Louisiana as Tropical Storm Harvey barreled toward the state, threatening to close the last major oil terminals still operating on the U.S. [Full Article...]


« Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125  Next »