Economy

Author: 0 Greg Gianforte wins special election in Montana

In an interview Thursday morning, Jacobs denied laying a finger on Gianforte. " He took me to the ground", Jacobs said by phone from the back of an ambulance according to the Guardian . But House Speaker Paul Ryan said the bottom line was the people of Montana would have the last word. He said the president's signature health care bill - the American Health Care Act - would harm rural areas, including much of his own state.

Author: 0 OPEC and non-OPEC nations poised to extend output cuts

But the hoped-for benefits could be short-lived. USA oil production has already risen by more than 10 percent since mid-2016 to more than 9.3 million bpd as drillers take advantage of higher prices and the supply gap left by OPEC and its allies.

Author: 0 Ford plans job cuts to boost profits

He says the automaker expects to meet its job-reduction targets without layoffs. Ford didn't confirm the report Monday night. Ford said the cuts would amount to about 10 per cent of a group of 15,000 salaried workers. After seemingly appeasing US president Donald Trump past year with the cancellation of a proposed $1.7 billion (Rs 10,738 crore) Mexico-based factory and the announcement of a $700 million (Rs 4,421 crore) investment into a plant in Michigan, US, the move could anger the ...

Author: 0 Oil prices rise as market expects extended production cut

Ministers from Algeria and Ecuador both indicated overnight Tuesday that a nine month extension, which has been proposed by both Saudi Arabia and non-Opec partner Russian Federation, is the most likely outcome of Thursday night's meeting in Vienna .

Author: 0 Russia, Saudi Arabia back extension of oil output cuts

Saudi Arabia's Energy Minister Khalid al-Falih (L) and Russia's Energy Minister Alexander Novak attend a joint briefing in Beijing, China May 15, 2017. "I don't see reasons for any country to quit". "The ministry stressed that the agreement on oil output cuts had a positive impact on oil prices, adding that additional steps to ensure market stability in the long term were still needed as global commercial oil reserves were above their five-year average".

Economy Watch the moment a teenage Mark Zuckerberg learned he got into Harvard
Author: 0 Watch the moment a teenage Mark Zuckerberg learned he got into Harvard

The video shows baby Zuck in his trademark gray T-shirt and pajama bottoms checking his email from his bunk bed, surrounded by computer components. Maybe it already knew Mark would drop out during his sophomore year to create Facebook . Mark also touched on his family's thoughts on his college days after a commenter joked that he chose a "very roundabout way to avoid Harvard's core curriculum requirements".

Author: 0 Stocks sell off on Trump concern; dollar at Nov low

If Trump becomes a lame duck President this early on in his tenure, then the prospect of his legislative agenda being made into reality is slim. Investors piled into US Treasuries, sending yields on the benchmark 10-year note nine basis points lower to 2.24 per cent.

Economy Crude Oil Prices Consolidate Gains, Supply Issues Remain Crucial
Author: 0 Crude Oil Prices Consolidate Gains, Supply Issues Remain Crucial

Industry group American Petroleum Institute reported that crude prices also gained support by the fall in U.S. inventory, a 5.8 million barrel decline. Gasoline stocks USOILG=ECI fell 150,000 barrels, compared with expectations in a Reuters poll for a 538,000-barrel drop. Opec is due to meet later this month in the hope of striking a second deal to secure a year of production cuts.

Economy India committed to support of Palestinian cause, Modi tells its Prez
Author: 0 India committed to support of Palestinian cause, Modi tells its Prez

Describing Palestine as one of India's "old friend", Prime Minister Modi said "We hope to see the realisation of a sovereign, independent, united and viable Palestine, co-existing peacefully with Israel". "We will continue to support the development and capacity-building efforts of Palestine", he said. The MoUs that were signed extend to Visa Exemption on Diplomatic and Official Passports, Cooperation in Youth Affairs and Sports, Agricultural Cooperation, Cooperation in Health Sector, and ...

Author: 0 Canaccord Genuity Boosts Marshalls plc (MSLH) Price Target to GBX 375

The stock was sold at an average price of GBX 347 ($4.49), for a total value of £362,264.53 ($468,526.29). This was revealed in a report on Monday, 15 May. Women's specialty retailer Chico's FAS, Inc. The Speciality Food Ingredients segment's product categories include dairy, beverage, bakery and convenience.

Economy Google Tweaks Ad Blacklist Policy, Makes It More Easier For Publishers
Author: 0 Google Tweaks Ad Blacklist Policy, Makes It More Easier For Publishers

Google is claiming that it had tested this feature with thousands of publishers, with the search giant gathering suggestions and opinions from its partners to further improve the Policy Center. "It means really two things for publishers: It means that we can be more specific about where we take action and it means that we can take action more quickly", said Scott Spencer, a director of product management in advertising for Google.

Economy China to allow USA beef exports under new deal
Author: 0 China to allow USA beef exports under new deal

It covers a range of long-standing barriers from agriculture to energy to the operation of American financial firms in China. The market for beef in China is estimated to be worth $2.6 billion, a potential goldmine for Nebraska, the nation's top state for cattle on feed with $1.126 billion in beef exports past year alone.

Economy Oil rises on expectations of extended OPEC-led production cut
Author: 0 Oil rises on expectations of extended OPEC-led production cut

Given that the market is now out of patience, upside will need to be front-end driven, coming from observable near-term physical tightness in the coming months". But the OPEC report confirmed the cartel´s concern about a recovery in USA oil output. Oil prices have since gained support but global inventories remain high, pulling crude LCOc1 back toward $50 a barrel and putting pressure on OPEC to extend or possibly add to the cuts at least until the end of 2017.

Economy The BMW 8 Series will return, and this is the concept
Author: 0 The BMW 8 Series will return, and this is the concept

The company BMW has confirmed the new coupe 8-Series. "Our strategy will focus on the luxury segment, where there are margins to be earned", he said. Two months later, images and details of the coupe were revealed. The first all wheel drive variants of the 6 Series were the 650iX coupe and convertible. There are rumours that this new product expansion could see a full blown M8 performance variant a few years down the line.

Economy Trump tax plan stands to benefit the man in the White House
Author: 0 Trump tax plan stands to benefit the man in the White House

At the moment, Democrats are very reluctant to help the president achieve any legislative victories and are unlikely to side with Republicans to cut taxes for corporations. And if he's really worth the $10 billion he claims? And his heirs could eventually enjoy his enormous assets tax-free. You would think that the Trump administration, with so many emigres from the business world, could at least perform simple arithmetic.

Economy S&P, Nasdaq hit record highs as volatility drops (ENDP)
Author: 0 S&P, Nasdaq hit record highs as volatility drops (ENDP)

Stocks have been stuck in a largely listless trading pattern in recent weeks, as investors see few reasons to make big moves. The 10-year US Treasury note's yield, which moves inversely to price, hit its highest point in almost six weeks, adding 0.5 basis points at 2.392 per cent, while the price of gold, another so-called safe-haven asset, dropped 0.5 per cent to an eight-week low at 1,220.29.

Economy Mattis cites good talks with Turkey on fighting IS in Syria
Author: 0 Mattis cites good talks with Turkey on fighting IS in Syria

But the USA sees the Kurdish group as its most reliable partner in the fight against ISIS in Syria. There has been wide support from senior USA military officials to provide direct arms to Syrian Kurdish forces, but sensitivities about Turkish opposition has delayed such a decision.

Economy Trump administration hollows out EPA science integrity board
Author: 0 Trump administration hollows out EPA science integrity board

The Washington Post reports that the board members had previously been told they would stay on for another term, and were surprised to discover that their terms were not renewed. "Instead, they should participate in the same open competitive process as the rest of the applicant pool", Freire said. Freire added, "We're making a clean break with the last administration's approach".

Economy Former Jarden Outdoor Segment Sees Meager Q1 Growth For Newell Brands
Author: 0 Former Jarden Outdoor Segment Sees Meager Q1 Growth For Newell Brands

Newell's "Learn" business, which sells writing products, reported pro-forma sales growth of 7.6 percent, helped by higher sales in memorabilia brand Jostens and as the company sold Sharpie pens in more markets. If you are reading this story on another domain, it was illegally copied and republished in violation of United States & global trademark and copyright legislation.

Economy Striking Factory Workers Give Cold Reception to Macron After Le Pen's Visit
Author: 0 Striking Factory Workers Give Cold Reception to Macron After Le Pen's Visit

The EU's chief Brexit negotiator Michel Barnier described Macron as a "patriot and European" who he felt confident would win out in the run off round with Le Pen on May 7 . Erwan Lestrohan, director of opinions department at BVA pollster, expects that continued terror threats and rising risks of immigration crisis give a boost to Le Pen who embraces a protectionism approach.

Economy Swiss Investor Sentiment Weakens In April
Author: 0 Swiss Investor Sentiment Weakens In April

Additionally, Keefe Bruyette Upgrade its ratings on the stock to Outperform. The recommendation scale measures the value from 1 to 5, where 1 means "Strong Buy" and 5 stands for "Sell". Mathers added this latest 4 billion Swiss franc (£3.14 billion) cash call, which follows fundraising of around 6 billion francs in late 2015, would take the question of Credit Suisse's capital solidity off the table.

Economy Qatar Airways to launch flights from Cardiff Airport
Author: 0 Qatar Airways to launch flights from Cardiff Airport

The State-owned Qatar joins worldwide carriers such as Ethiopian Airlines, Turkish Airlines and RwandAir which now fly directly into the coastal city of Mombasa. The build-up to the Qatar Airways press conference at Dubai's Arabian Travel Market on Monday was breathless: "We have multiple announcements, get ready for headlines", the compere instructed.

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