OPEC sees more oil supply outside the group, countering its cuts

Brent crude jumped back above US$50 on the news and stayed there, buoyed by the ministers' comments, while WTI, which last Friday slipped below US$45 a barrel, regained some ground, settling yesterday at US$47.91 a barrel. Investing.com offers an ex... More..

by | Published more than a month ago
Companies prepare for more ransomware attacks on Monday
by | Tuesday, May 16, 2017

Companies prepare for more ransomware attacks on Monday

Ryan Kalember, senior vice president at Proofpoint Inc., said that millions of devices could be vulnerable if they have not applied security patches over the weekend. Analyst house Gartner predicted that t...More..

White House denies report Trump shared intel with Russian Federation
by | Tuesday, May 16, 2017

White House denies report Trump shared intel with Russian Federation

SHAPIRO: You've spoken to current and former US officials with knowledge of what happened during this White House meeting. The officials told the newspaper that the information Trump relayed during the May ...More..

Trump revealed classified information to Russian Federation during recent meeting — WaPost
by | Tuesday, May 16, 2017

Trump revealed classified information to Russian Federation during recent meeting — WaPost

A USA official familiar with the matter said that Trump has "revealed more information to the Russian ambassador than we have shared with our own allies". House Minority Leader Nancy Pelosi (D-CA) took aim at T...More..

by | Tuesday, May 16, 2017

Ford plans job cuts to boost profits

Ford also said it would not comment on speculation. In a statement Ford said driving profitable growth was a core strategy, adding: "Reducing costs and becoming as lean and efficient as possible also remai...More..

by | Tuesday, May 16, 2017

Oil price climbs as Opec offers early consensus on renewed deal

In the USA, crude stockpiles posted their biggest weekly drawdown since December last week as imports dropped sharply, while inventories of refined products also fell. Market participants are closely watching o...More..

by | Tuesday, May 16, 2017

Agreement to Extend Oil Cuts Until March

Brent crude, the global benchmark, had risen US$1.54 to US$52.38 a barrel by 1005 GMT and traded intraday at US$52.52, the highest since April 24. US West Texas Intermediate (WTI) crude futures were at US$48....More..

Shares Holding Above Moving Averages: Cisco Systems, Inc. (NASDAQ:CSCO)
by | Tuesday, May 16, 2017

Shares Holding Above Moving Averages: Cisco Systems, Inc. (NASDAQ:CSCO)

Networking hardware giant Cisco Systems (NASDAQ: CSCO) will need to show further progress in its shift toward software and recurring revenue when it reports its fiscal third-quarter results on May 17 after th...More..

Toshiba reports massive loss for year over Westinghouse woes
by | Tuesday, May 16, 2017

Toshiba reports massive loss for year over Westinghouse woes

After months of souring relations, Western Digital has begun arbitration procedures with the International Chamber of Commerce, demanding Toshiba reverse a move to put their joint venture assets into a newly-fo...More..

Buffett's firm buys more airline stock in first quarter
by | Tuesday, May 16, 2017

Buffett's firm buys more airline stock in first quarter

In moves most likely not made by Buffett, Berkshire's stake in Twenty-First Century Fox was eliminated and stakes in the Bank of NY and Sirius XM were raised. He has invested in all the major airlines now becau...More..

by | Tuesday, May 16, 2017

Trump revealed intelligence secrets to Russians in Oval Office

The intelligence shared at the meeting with Russian Foreign Minister Sergei Lavrov and Russian Ambassador Sergei Kislyak was supplied by a United States ally in the fight against the militant group, both offici...More..

by | Tuesday, May 16, 2017

Arsenal maintain top-four challenge as Sanchez, Giroud see off Southampton

Arsenal moved above Manchester United into fifth on 66 points, three adrift of fourth-placed Manchester City with both having played 35 games. They rarely play badly, but converting good performances into goal...More..

Pizza delivery man takes pie to stalled Amtrak train
by | Tuesday, May 16, 2017

Pizza delivery man takes pie to stalled Amtrak train

Mitch Katz tweeted that he got "hangry", after more than an hour of waiting on a stalled train when he dialed up a local pizza restaurant and ordered a delivery. And in a tweet, the company said of the broken...More..

Global tailpipe tests vastly underestimate diesel pollution
by | Tuesday, May 16, 2017

Global tailpipe tests vastly underestimate diesel pollution

This code permitted the diesel cars to run cleaner in a lab than on the road. Real world pollution from diesel trucks, buses and cars globally is more than 50 percent higher than what government lab testing say...More..

Singapore's GIC cuts stake in Swiss bank UBS at a loss
by | Tuesday, May 16, 2017

Singapore's GIC cuts stake in Swiss bank UBS at a loss

GIC plans to sell 93 million shares through an accelerated bookbuilding to institutional investors. "GIC made the UBS sale despite the loss because conditions have changed fundamentally since GIC invested in ...More..

US spat erupts ahead of Trump visit to region
by | Tuesday, May 16, 2017

US spat erupts ahead of Trump visit to region

Israeli Prime Minister Benjamin Netanyahu hopes to deliver a speech at Masada archaeological site, alongside US President Donald Trump during the president's first official visit to the region next week, accor...More..

Tamil Nadu: Bus strike brings state to a halt
by | Tuesday, May 16, 2017

Tamil Nadu: Bus strike brings state to a halt

Tamil Nadu transport unions began a state-wide strike on Monday, as the representatives of trade unions of the Tamil Nadu State Transport Corp. The transport workers went on strike, after four rounds of tal...More..

Tillerson Unconcerned About Independence in Wake of Comey Firing
by | Tuesday, May 16, 2017

Tillerson Unconcerned About Independence in Wake of Comey Firing

I understand what his objectives are. Tillerson said the sudden dismissal of Comey, less than four years into a 10-year term, didn't create concerns about how much independence he would have as America's top ...More..

by | Tuesday, May 16, 2017

Saudi Arabia, Russia push to extend oil output cuts till 2018

The FTSE 100 rose to an intra-day record high on Monday, as energy stocks were given a boost by a jump in oil prices. West Texas Intermediate for June delivery climbed as much as $1.04 to $48.88 a barrel. OPE...More..

Cannot be complacent about potential threat of N. Korean missiles
by | Tuesday, May 16, 2017

Cannot be complacent about potential threat of N. Korean missiles

London [U.K.], April 19: The United States Military has been considering shooting down North Korean missile tests as a show of strength to Pyongyang, The Guardian reports . Pence said Trump was hopeful China ...More..

by | Tuesday, May 16, 2017

Bank of England's Carney likely to stress virtue of patience

The gloomy comments came as the Bank kept interest rates on hold at 0.25% and nudged down its growth forecast to 1.9% for 2017 from 2% in February, cautioning that a "slowdown appeared to be in train" after a s...More..

Oil prices slide below $45 per barrel
by | Tuesday, May 16, 2017

Oil prices slide below $45 per barrel

But crude inventories fell by 930,000 bpd in the week to April 28, against analysts' expectations for a decrease of 2.3 million barrels. The decline is being driven by expanding United States output before OP...More..

J.C. Penney Company, Inc
by | Tuesday, May 16, 2017

J.C. Penney Company, Inc

J.C. Penney Company had 37 analyst reports since July 22, 2015 according to SRatingsIntel. JCP has a 1-year high price of $ 11.30 and 1-year low price of $5.16. The company's net profit margin stands at 1.7...More..

by | Tuesday, May 16, 2017

Tesla burning through cash, stock rating takes hit

Zurcher Kantonalbank Zurich Cantonalbank now owns 68,881 shares of the electric vehicle producer's stock worth $14,054,000 after buying an additional 12,131 shares in the last quarter. TSLA has been the subject...More..

by | Tuesday, May 16, 2017

Reader has questions about the health care vote

The AHCA fulfills many Republican lawmakers' promises to undo major parts of former President Barack Obama's signature health care law. "Today Republicans' core values were on full display, demonstrating ...More..

by | Tuesday, May 16, 2017

Earnings at the Forefront For Liberty Global plc

Most recently on 1/11/16 the stock of Liberty Global plc - Class A Ordinary Shares (NASDAQ:LBTYA) downgraded by Morgan Stanley from Overweight to Equal-Weight. Annual Dividend Yield of Liberty Global plc (LBTY...More..

by | Tuesday, May 16, 2017

Windows 10 S has an 'Edge' over browsing

Not all software students use is available through Microsoft's app store however, so Windows 10 Pro is available for running non-Microsoft approved apps. The pre-orders for the laptop will begin today i.e., May...More..

by | Tuesday, May 16, 2017

Microsoft's Surface Book has a fabric keyboard

Microsoft will also ship the Surface Laptop with Windows 10 S, an adjusted and more closed version of Windows 10. Devices running Chrome OS accounted for 58% of operating-system shipments to the USA kinderga...More..

Snap lost $2.2 billion last quarter
by | Tuesday, May 16, 2017

Snap lost $2.2 billion last quarter

Shares plummeted more than 19 percent in after-hours trading. That's a minuscule number compared to the 3 billion snaps produced a day on Snapchat. Ever since Snap publicly filed its IPO paperwork, ther...More..

by | Monday, May 15, 2017

Cyber attack hits 200000 in at least 150 countries: Europol

The effects were felt across the globe, with Britain's National Health Service, Russia's Interior Ministry and companies including Spain's Telefonica, FedEx Corp.in the US and French carmaker Renault all report...More..

Law Expert Says Trump 'High Crimes and Misdemeanors' Already Evident
by | Monday, May 15, 2017

Law Expert Says Trump 'High Crimes and Misdemeanors' Already Evident

Green, pointing to Trump's dismissal of FBI Director James Comey , said the president is not "above the law". Green becomes the second Democratic member of Congress to call for Trump's impeachment followin...More..

'Unprecedented cyber threat' Security chief says risk is everywhere after NHS attack
by | Monday, May 15, 2017

'Unprecedented cyber threat' Security chief says risk is everywhere after NHS attack

More than 200,000 victims in around 150 countries have been infected by the ransomware which originated in the United Kingdom and Spain on Friday before spreading globally. The fact that so many organisations h...More..

by | Monday, May 15, 2017

Delta to test biometric self-service bag drop

Available to people with passports, the system will scan your face to be sure you're who you are - pretty much the same thing the human employee does when looking at your driver's license. CBP began testing fac...More..

Bank of England leaves rates unchanged, lowers 2017 growth forecast
by | Monday, May 15, 2017

Bank of England leaves rates unchanged, lowers 2017 growth forecast

Governor, Mark Carney, told reporters: "With wage growth moderating and inflation picking up, both household spending and GDP growth have slowed markedly". Kristin Forbes considered it appropriate to increase B...More..

by | Monday, May 15, 2017

Burnaby kids embrace NDP sweep in Student Vote

Party leader Andrew Weaver was re-elected in his Oak Bay-Gordon Head riding with more than half the votes, which led to a loud celebration at party headquarters in Victoria. The Liberals will now form the Wes...More..