Money

IEA Lowers 2020 Oil Demand Forecast; Cites Weak Aviation Sector

MORE NEWS THIS CATEGORIES

Crude Down In Asia On API Build, China Industrial Data Shrugged Off

Stockpiles of oil worldwide are large and growing, an indicator of persistent oversupply, according to data from the International Energy Agency (IEA ) cited b...

Oil Prices Fall After IEA Says Global Stockpiles Up

Gasoline stocks rose by 2.1 million barrels, compared with analysts' expectations for a 457,000-barrel drop. Brent has dropped back below $50 since the OPE...

'There are no winners here today,' prosecutor says after Michelle Carter conviction

If Carter's conviction stands during the appeal process, Segal says it will "chill important and worthwhile end-of-life discussions" in the Commonwealth. As p...

Verizon Completes Yahoo Acquisition

Verizon has completed its $4.5 billion acquisition of Yahoo , the two companies closed their agreement yesterday. AOL, originally known as American Online,...

26 hurt after China Eastern Airlines flight hits turbulence

At least 12 people have been hospitalized, with injuries including fractures, bruises and head injuries. "We felt strong turbulence twice and minor turbulence...

Japan Has Surprise Trade Deficit in May on Energy Import Jump

The yen was 2.3 percent weaker against the dollar compared with its year-before level, which helped push up imports costs. Exports to all of Asia were up 16.8...

With Whole Foods, Amazon on collision course with Wal-Mart

Following the announcement, shares of Whole Foods spiked over 27 percent, while shares of the e-commerce giant rallied 3 percent. We spoke to food analyst D...

Art Cashin: US Economy Isn't as Strong as Fed Thinks

Excluding energy and food, consumer prices declined in March and inflation continued to run somewhat below 2 percent. Asian markets fell overnight and E...

Washington DC, Maryland Top Lawyers Sue Trump Over Foreign Hotel Payments

Constitution's Emoluments Clause . The lawsuit , filed in US District Court for the District of Maryland , claims that Trump's businesses have received m...

Brexit talks under way: Britain and European Union arguing about what to discuss

Three days after the talks begin, May is due to travel to Brussels for an European Union summit - a chance for the other 27 leaders to take stock of their neg...

Executive Order and Legislation on Apprenticeship Aim to Give Employers More Flexibility

The DOL regulation must determine how third parties-which can include trade associations, companies, nonprofit organizations, and unions-should go about develop...

Shire PLC (SHP) Stock Rating Reaffirmed by Deutsche Bank AG

Liontrust Asset Management PLC (Liontrust) is a holding company. Therefore 65% are positive. 13/06/2017 - London Stock Exchange Group had its "Outperform" ra...

Trump Under Investigation for Firing FBI Director James Comey

Even though Trump was told by former FBI Director James Comey earlier this year that he was not personally under investigation, officials tell the Post ...

Lackey deals, Rizzo leads offense as Cubs beat Pirates 7-1

Anthony Rizzo #44 of the Chicago Cubs celebrates with teammates in the dugout after coming around to score on an RBI double by Willson Contreras in the thir...

What Trump's Air Traffic Control Decision Really Means

President Trump said his plan to reform the country's air traffic control system will save money, but a study released previous year predicts a 20 to 29 percen...

Oil remains below $45 amid growing concern over United States supply glut

On Friday, the oil prices have been edged up from lows of year 2017 but a current supply surplus has put them on path for their fourth consecutive week of losse...

Denver Islamic law protests draw small but testy crowds

However, counter-protesters accused the marches of being not just against Sharia Law , but rather was part of an anti-Muslim movement. Counter-protesters sai...

Global Markets - Growth worries push stocks lower, Fed hike lifts dollar

The Federal Open Market Committee also maintained its forecast for one more rate hike this year. One FOMC member, Minneapolis Federal Reserve Bank Pre...

Mexico snatch draw against Portugal in frantic finish

Hector Moreno snatched a stoppage-time equaliser as Mexico denied Portugal a late victory in their opening Confederations Cup match. Mexico striker ...

E3 2017: Microsoft isn't making a profit on the Xbox One X

The Xbox One X, Microsoft's new premium console, will support virtual reality despite early reports that it wouldn't, according to an interview with Xbox head P...

Eritrea sides with Saudi and allies over row with Qatar

In a statement Asmara issued on Monday, the reclusive Red Sea nation said the move was collectively taken by Saudi and other Gulf nations "is not confined to Qa...

Amazon To Buy Upmarket Grocer Whole Foods For US$13.7b

Moody's lead retail analyst Charlie O'Shea said the deal could be "transformative, not just for food retail, but for retail in general". Whole Foods is known ...

Verizon concludes the $4.5 bn takeover deal of Yahoo

In a message, Mayer outlined a long list of developments at the company under her tenure, and said she was "brimming with nostalgia, gratitude and optimism" in ...

Jefferies Group LLC Reaffirms Buy Rating for Zpg Plc (ZPG)

The SI to J2 Global Incorporated's float is 9.49%. About 920,949 shares traded. It is down 50.11% since June 13, 2016 and is uptrending. It has outperformed b...

EU, Britain fix date to begin Brexit negotiations

Mr Davis is expected to meet Mr Barnier at the Commission's headquarters in Belgian capital Brussels on Monday but it is not known how long the initial ro...

OPEC, Russia & other producers to curb inventories to five-year average

Brent crude oil futures fell 2.9% and closed at $50.31 per barrel on the same day. U.S. West Texas Intermediate crude CLc1 futures were up 40 cents, or 0.8...

May in talks with Northern Irish parties over DUP deal

The Tories need the support of 10 DUP MPs to form the government in the United Kingdom after they failed to win a majority in the general elections . Despite t...

Attorneys General In DC, Maryland Sue Trump For Violating Emoluments Clause

The suit , filed in U.S. District Court for the District of Maryland, alleges the president is in violation of the Constitution's "emoluments" clause due to hi...

Decision on profiteering, lottery tax tmrw

More than 6.5 million businesses have already signed up for the GST , Jaitley said, more than four-fifths of those already registered to pay India's old busi...

Killing of Kashmiri policemen a cowardly act: Jaitley

The statement added that JKLF delegations visited Raidwani Kulgam and Bandipora and participated in the funeral prayers and condolence meetings of Junaid Matto,...

Defer GST rollout as IT network not ready: Assocham to Arun Jaitley

While the Goods and Service Tax (GST) is slated for a July 1 roll-out, some crucial issues regarding industries besides special reference to Assam and northea...

Amazon To Acquire Whole Foods Market For $13.7 Billion

Investors worry that Amazon , which has already won over hordes of shoppers of clothing, electronics and many other kinds of goods, wreaking havoc on departmen...

Brexit negotiations with European Commission to begin on June 19

But an alliance between May and a pro-Union party like the DUP could undermine the confidence of Northern Ireland's Catholics in the process and revive tensions...

Theresa May under pressure to soften Brexit stance

May has been holding talks with the Democratic Unionist Party (DUP), keen to get the backing of their 10 lawmakers in Westminster's parliament to return to ...

Missing US sailors found dead in ship damaged off Japan, Navy says

The USS Fitzgerald's commanding officer Bryce Benson was among those injured in the collision, which took place at around 2.30am local time on Saturday, about 5...