Business

Author: 0 Oil price falls despite OPEC deal extension

The Organization of the Petroleum Exporting Countries' 14 current members and 10 non-OPEC members agreed Thursday to continue their cuts of 1.8 million barrels a day, generally from October 2016 crude production levels, through the first quarter of 2018.

Business British Airways cancels most flights from London
Author: 0 British Airways cancels most flights from London

Alex Cruz , the chairman and chief executive of BA, part of Europe's largest airline group IAG, said there was no evidence of any cyber attack. The major system failure, believed to have been caused by a power supply issue, has affected operations around the world.

Author: 0 Elon Musk Leaves President Trump's Advisory Council After Paris Agreement Exit

As of May, the US has kicked in a third of its $3 billion pledge to the fund, according to the Washington Post. And as he stood in the Rose Garden, Trump listened as Environmental Protection Agency administrator Scott Pruitt praised him for keeping a campaign promise and "fighting for the forgotten men and women across this country", echoing Trump's rhetoric from the race.

Author: 0 Were Analysts Bullish IP Group Plc (LON:IPO) This Week?

Beaufort Securities maintained the shares of IPO in report on Tuesday, July 12 with "Buy" rating. The stock of Marks and Spencer Group Plc (LON:MKS) earned "Buy" rating by Haitong Securities on Wednesday, November 4. The company has market cap of 9.69 billion GBP. The Company is engaged in managing forests and producing pulp, paper and compound plastics for industrial and consumer packaging.

Business Theresa May in U-turn on social care after facing Tory backlash
Author: 0 Theresa May in U-turn on social care after facing Tory backlash

However, May warned that a poor Brexit deal would mean "the economic security of ordinary working people will be dire" - a ratcheting up of rhetoric from the Conservative manifesto which repeated May's earlier line that the United Kingdom should be prepared to leave with no trade deal in place.

Author: 0 British Airways disruption continues for third day after IT system crash

The IT outage had a knock-on effect on BA services around the world, while passengers who did get moving on the limited number of flights to take off from the United Kingdom reported arriving at their destinations without their luggage. The GMB union said the airline's decision to outsource hundreds of IT jobs to India previous year was behind the problems, the Guardian reported. A single point of failure had also brought down systems at Southwest Airlines the previous month, although on ...

Business British Airways travelers face 3rd day of delays, cancellations
Author: 0 British Airways travelers face 3rd day of delays, cancellations

A BA spokesman said the airline has been encouraging customers to submit claims for their expenses, including those beyond flights. Typically power would be restored "gradually" with BA's other data centre at Heathrow but on this occasion, it was switched over too quickly, producing a power surge which crashed all the airline's computers.

Author: 0 Putin: 'I didn't even really talk' to Flynn during dinner

Putin , for instance, dismissed Kelly's questions about repression and the killing of journalists in Russian Federation by saying it was another example of American moralizing. There wasn't even any kind of specific discussion about sanctions or anything else. Sen. Roy Blunt, a Republican member of the intelligence committee, said Comey's testimony would be critical to address mounting questions about possible obstruction of justice.

Business Deadline for budget action looms over Illinois Legislature
Author: 0 Deadline for budget action looms over Illinois Legislature

Medill senior Scott Brown, a former Daily staffer, was among 31 people arrested and charged with trespassing after they attempted an all-night protest at the Capitol. Thirty-one of those protesters remained and were subsequently arrested in connection with trespassing to State Supported Property, a misdemeanor. White's office didn't send the notices in 2015 because of lack of money amid state budget troubles.

Business OPEC extends oil output curbs but glut fears persist
Author: 0 OPEC extends oil output curbs but glut fears persist

The oversupply of oil in the market should not persist past the third quarter as inventory numbers are declining and continue moving in a downward trend despite higher USA production and high levels of imports, said Patrick Morris, CEO of New York-based HAGIN Investment Management.

Author: 0 Moody's downgrades China's credit rating amid debt and growth fears

As a effect, Moody's expects the government's direct debt burden to rise slowly towards 40% of GDP by 2018 and closer to 45% by the end of the decade, while other fiscal risks will rise from issues including high levels of off-book local government borrowing.

Author: 0 Islamic State claims responsibility for London attack

On Sunday, he revisited his frequent campaign against "political correctness" and said the U.S. must "get down to the business of security for our people". Senator Mark Warner, a Democrat and the vice chairman of the Senate Intelligence Committee, told CNN that it "troubles" him to see the kinds of tweets Trump has put out in the aftermath of the London attacks .

Author: 0 My future is in Premier League, says Arsenal's Olivier Giroud

The World Cup victor endured a frustrating season on the sidelines with a troublesome knee injury, which saw him make just one start - the FA Cup final against Chelsea. The Arsenal boss has around £150million to spend this summer and has targeted the Premier League title having signed a new two-year deal. It would be fair to say that the Algerian struggled to produce his best form last season, but he still managed 10 goals in all competitions, which included four efforts in the Champions ...

Business Why China is stepping up against climate change
Author: 0 Why China is stepping up against climate change

Industry 4.0, a concept coined by the German federal government in 2011, aims to facilitate automation and data exchange in manufacturing technologies, including cyber-physical systems, the Internet of Things and cloud computing. "The EU and China consider climate action and the clean energy transition an imperative more important than ever", the statement, by European Council President Donald Tusk, European Commission President Jean-Claude Juncker and China's Li, will say.

Author: 0 Lead of UK PM May's Conservatives narrows to 11 points - ICM poll

Support for Labour has risen by 13 points amongst 18 to 34-year-olds, whereas amongst older voters the increase has been a more modest five points. Corbyn was asked why the British public should trust him and his Labour party team to negotiate Brexit . Gillian Cruise, a lifelong Labour voter in Wakefield until she switched to the Conservatives in 2015 due to their promise to hold the referendum, has now volunteered to campaign for May's party.

Author: 0 London Bridge attacker had 'twice been reported to police' for extremist views

A London Transport Police officer armed only with a baton when he confronted the attackers was among those seriously injured with face, leg and head stab wounds. "In two or five seconds, they shot all the three men down", Sciotto told the BBC. "She was going, "Help me, help me", and I couldn't do nothing", he told the Guardian newspaper.

Business 22 killed as bus catches fire after collision
Author: 0 22 killed as bus catches fire after collision

The injured were taken to nearby hospitals. "The case is under investigation and the cause of the accident and subsequent burning of the bus will be looked into", Bareilly traffic police chief Om Prakash Yadav told AFP . UP CM Yogi Adityanath announced an ex-gratia of 2 lakh for kin of deceased, 50,000 for injured. The driver of the truck is absconding. Most passengers were asleep when the accident occurred, while some managed to escape through the windows.

Business $NERV Stock | Shares Soar On New Amended Agreement
Author: 0 $NERV Stock | Shares Soar On New Amended Agreement

ValuEngine upgraded Minerva Neurosciences from a sell rating to a hold rating in a report on Tuesday, May 23rd. Separately, Jefferies Group LLC began coverage on Minerva Neurosciences in a research report on Monday, March 6th. The purchase was disclosed in a filing with the SEC, which is available through this link . Renaissance Technologies LLC now owns 69,700 shares of the biopharmaceutical company's stock worth $565,000 after buying an additional 53,300 shares during the period.

Author: 0 Greg Gianforte Apologizes for Body-Slamming Reporter; Wins Montana Election

Ryan Zinke , the previous congressman who left office to become Trump's Interior secretary, won the district by 16 points. Jacobs, a reporter from The Guardian , was grilling Gianforte about the Republican health care bill. Gianforte also apologized to a Fox News crew that was in the room with him and Jacobs at the time of their encounter. Although this may seem like a shocking result, it can (at least) partially be explained by two-thirds of Montana voters opting to cast their ballots ...

Business Bellway plc's (BWY)
Author: 0 Bellway plc's (BWY) "Hold" Rating Reiterated at Deutsche Bank AG

ALL AMERICAN GLD CRP (OTCMKTS:AAGC) had a decrease of 80.2% in short interest. Among 12 analysts covering Cineworld Group PLC (LON:CINE), 10 have Buy rating, 0 Sell and 2 Hold. The rating was maintained by Shore Capital with "Buy" on Wednesday, January 11. They now have a GBX 686.40 PT on Hunting (LON:HTG). UBS has "Neutral" rating and GBX 535 target.

Business Trump's budget director defends plans to cut social programs
Author: 0 Trump's budget director defends plans to cut social programs

Trump's budget was silent on bargaining with the pharmaceutical industry to reduce the cost of prescription drugs, a topic the president has often touched on. "We hope Congress will continue to appreciate the many benefits that investments in energy innovation provide the nation". Mulvaney and Treasury Secretary Steven Mnuchin met to discuss the debt ceiling on Tuesday, and are planning to meet with White House National Economic Council Director Gary Cohn when he returns from President ...

Author: 0 Pirates 5 box office sailing to $300 million

Meanwhile, the animated film The Boss Baby added $1.7 million, bringing its impressive domestic total to $169 million. Now in its fourth weekend, the Guardians sequel - which picked up an estimated $19.9 million domestically - is doing just fine, with a cumulative total of $333.2 million in the USA contributing to a worldwide box office of $783.3 million.

Author: 0 World Bank sees global economy growing 2.7 percent this year

China's deceleration will continue - from 6.7 per cent growth previous year to 6.5 per cent in 2017 to 6.3 per cent in 2018 - as the country moves away from unsustainable growth fueled by often-wasteful investment and toward slower, steadier growth based on consumer spending.

Business UK PM May's Lead Over Labour Nearly Halves to 8 Points
Author: 0 UK PM May's Lead Over Labour Nearly Halves to 8 Points

What's happening in the markets? However, the currency is 0.36% lower against the euro at 1.1452 euros. The FTSE .FTSE posted its best month of the year, helped by a weaker pound. The referendum somehow seems a lot more than a year ago, and some of the debates that erupted back then seem a little exhausted too. However, one must consider that in a small time span it is very hard to correctly predict the outcome as the snap election was called only in April.

Business Dakota Access Pipeline Starts Shipping Oil
Author: 0 Dakota Access Pipeline Starts Shipping Oil

The highly contentious Dakota Access Pipeline officially goes online Thursday as activist continue to claim the project's developers illegally leveled trees and trampled artifacts during the pipeline's construction phase. Former President Obama delayed the project in December by refusing to grant the Army Corps of Engineers an easement for the lake. "The commencement of Dakota Access will finally bring lower transportation costs to North Dakota producers", he said.

Business Wood Mac: Don't expect an OPEC-fueled rally in crude oil prices
Author: 0 Wood Mac: Don't expect an OPEC-fueled rally in crude oil prices

If that coincides with strong shale-oil growth, the market looks to be oversupplied again, he said . But any uptick in prices may be modest and temporary. A deeper production cut could have created a wider than needed supply gap in the market that shale producers may have stepped into and higher prices due to this reduced supply would have made them even more profitable.

Author: 0 Players have no fears about Wimbledon despite London attack

Garbine Muguruza did not take kindly to the way spectators pulled for her opponent - her French opponent, mind you - at the French Open . "If you want to play well, you have to let players breathe a little". 6 Dominic Thiem vs. 65th-ranked Horacio Zeballos. French Open champion Novak Djokovic continues his title defence on Sunday afternoon with an awkward looking fourth-round match against the 19th seed Albert Ramos-Vinolas.

Author: 0 British Airways IT engineer blamed for outage

There's been widespread scepticism amongst IT experts I've spoken to, including former BA IT workers, that the airline's current explanation of a "local power surge" could truly have wreaked such havoc. BA claimed that this did not constitute an IT failure, but rather "it was an electrical power supply which was interrupted". He also stressed the company's commitment to upkeep of its systems.