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Oil prices edge lower, OPEC may ease supply curbs

Petersburg global economic forum (SPIEF-2018). PTI reported that Venezuela is willing to accept oil payments from India in rupees, its envoy to New Delhi said, suggesting that doing so will help both the countries to bypass the sanctions imposed by the United States.

Business

Liverpool boss Jurgen Klopp MOCKS critics of Zinedine Zidane and Real Madrid

The two stars have scored 44 goals each across all competitions this season, form that has propelled their respective teams to the decider of UEFA's elite club competition in Kiev on Saturday. But I think Liverpool is my team and Anfield is my home. But Madrid regressed in La Liga, surrendering its title with a third-place finish. The last player to do so in the European Cup was Franz Roth (for Bayern Munich in 1975 and 1976).

Business

Donald Trump grants posthumous pardon to boxer Jack Johnson

Upon his return to the United States in 1920, Johnson served roughly 10 months in a Leavenworth, Kansas, prison. Trump added that he chose to pardon Johnson "to correct a wrong in our history". In a statement on Thursday , the Arizona senator applauded Trump for the move, saying that Johnson's reputation was ruined by the "racially-charged" conviction.

Business

SamMobile’s policies have been updated for GDPR EU compliance

We are engaged on the issue and committed to looking at options that support our full range of digital offerings to the European Union market. It wouldn't be lawful for a company's conditions to contain a clause which breached GDPR requirements - for example, it wouldn't be allowed to say you accept that your data will be store unencrypted - but I can see no reason a company can't say 'Here are our perfectly legal terms, you decide whether or not you want to open an account on that ...

Business

Uber ends autonomous vehicle research in Arizona

Ducey prohibited Uber from continuing its tests of self-driving cars after Herzberg was run over, a ban that a spokesman said Wednesday remains in effect. Instead, Uber plans to resume autonomous trials in Pittsburgh and San Francisco. But other companies like Waymo have continued to test out their autonomous vehicle technology in Arizona, and it's still possible that the driver next to you doesn't have his or her hands on the wheel.

Business

National Football League takes policy stand on anthem protests

The NFL gave teams the option of developing their own workplace rules, which many players interpreted as a backhanded way of subjecting them to fines, suspensions or loss of jobs should they carry on with the protests. Players who choose not to stand may remain in the locker room until the anthem is finished. The NFL approved a new policy on Wednesday in response to ongoing player protests that took over the 2017 season.

Business

Trump administration weighs slapping tariffs on auto imports

The administration is thinking of starting an investigation on imported cars under a legal provision known as Section 232 and applying tariffs after the investigation. Trump - whose protectionist platform helped launch him to the White House - has repeatedly floated the notion of steep tariffs that would shield the U.S.

Business

Manchester holds mass singalong for arena victims on anniversary of attack

The two-hour event ended with an all-choir sing-along of Grande's One Last Time , The Beatles' All You Need Is Love, and Oasis' Don't Look Back In Anger, which was adopted as an anthem by the people of Manchester in the days following the bomb attack a year ago.

Business

Federal Bureau of Investigation briefing on Russian Federation probe set for Thursday

Schiff said that Nunes "refuses" to take briefings from administration officials alongside panel Democrats , but in the past, Democrats have been offered identical briefings. The White House did not immediately provide guidance on what exactly Trump meant in terms of actions to be taken on Monday. He said earlier Tuesday the Justice Department's independent inspector general should have the latitude to follow the investigation "where it needs to go".

Business

Wall St rallies as United States puts 'trade war on hold'

Over the weekend, negotiators from both countries said they would continue discussing measures in which China would import more commodities from the US. Questions also remained over the administration's handling of ZTE. "We are putting the trade war on hold". China is promising to increase its imports of U.S.

Business

Seoul eyes '99.9% chance of Kim-Trump meeting taking place as planned'

The two nations not only explored cooperation in areas such as vocational education, agriculture, pharmaceuticals, promotion of Yoga and traditional medicine, but also chose to enhance people-to-people linkages to mark 45 years of diplomatic relations.

Business

Eden Hazard: Chelsea may have to sell forward - Steve Clarke

But he also insisted he was happy at Chelsea - amid repeated links with Real Madrid - and was bullish after the Wembley win. "I think if we want to aim for the top, we should do the same - obviously within the limits of what's possible as well".

Business

China Drops Probe Into US Sorghum Shipments

President Donald Trump's administration has proposed tariffs on as much as $150 billion in Chinese language merchandise to punish Beijing for requiring US firms to show over expertise in change for entry to China's market. China has responded by targeting $50 billion in U.S. imports. The two biggest USA exports to China were aircraft at $16 billion previous year, and soybeans, at $12 billion.

Business

Circle bags Bitmain financial backing for stable dollar-linked cryptocurrency

Jumping on the Ethereum bandwagon Following the close of the round, Circle said it would create a new cryptocurrency , that uses the Ethereum blockchain , with it's value "pegged to the price of the USA dollar", according to Reuters .

Business

No Man's Sky Multiplayer Confirmed, Coming in July

Earlier this week, the Xbox One box art for No Man's Sky gave us a huge clue that the NEXT update might include multiplayer. Hello Games has announced that a huge update is coming to No Man's Sky which plans to add multiplayer and a bunch of other new features .

Business

Starbucks Racial Slur: Drink Labeled 'Beaner,' Latino Customer Says

The man, whose name is Pedro but asked that his last name not be used, gave an interview with Telemundo 52 , where he said he ordered two cups of coffee at a Starbucks in La Cañada Flintridge and both beverages had the word "beaner" in the place of his name.

Business

BMW gives sneaky peak of iNEXT SUV concept

The first image of the iNext Vision, or at least a teaser sketch showing the side of the vehicle, was presented by BMW's chairman of the board Harald Krüger during Thursday's annual general meeting. For the first time, we are combining all key technologies for future mobility. While us enthusiasts are frothing at the mouth over cars like the new BMW M5 , upcoming BMW 8 Series and soon-to-be revealed BMW Z4 , the Bavarians are looking even further into the future.

Business

IShares Global Clean Energy ETF (ICLN) Rises 0.2% for May 17

Using a longer term moving average such as the 200-day may help block out the noise and chaos that is sometimes created by daily price fluctuations. When using trendlines, it's difficult to hold a security for very long when prices are falling just as it's hard to be short when prices are rising-either way the trendline will be broken.

Business

Hot Stock Analysis: JC Penney Company, Inc. (JCP)

EPS growth for the next 5 years is 0 percent. At the close of regular trading, its last week's stock price volatility was 6.99% which for the month reaches 16.38%. However, YTD EPS growth remained -25.82%. Shares of JCP stock opened at $2.79 on Tuesday. WYY's total market worth is $41.05M. It represents how much the current return is deviating from its predictable historical normal returns.

Business

Cisco Systems (CSCO) Coverage Initiated at Credit Suisse Group

Service providers remain hard, with orders shrinking by four per cent year-on-year from Q3 2017, but that was more than offset by 11 per cent growth in the enterprise sector, seven per cent in the commercial sector, and public sector orders chipping in two per cent growth.

Business

Major Melbourne Airport security breach as furious passenger tries to board plane

A video released by 9news shows the passenger, who had missed his flight to Adelaide, trying to pull open the door of an aircraft as airport staff believed to be baggage handlers raced up the stairs to apprehend him. "This man was trying to get up the stairs, he was physically fighting with the staff , punching and scratching them". A Jetstar spokeswoman is commending the work of their baggage handlers, who went "above and past" to restrain the person.

Business

James Hambro & Partners Purchase Shares of 3000 Walmart (NYSE:WMT)

Funds holding Wal Mart Stores Inc in top 10 increased from 48 to 86 for an increase of 38. 435 grew stakes while 165 funds acquired stakes. In 2017 Q4 Wal Mart Stores Inc (NYSE: WMT ) big money sentiment decreased to 0.99, SEC filings reveal.

Business

Crude oil shrugs off rising United States production as Brent nears $80/barrel

The IEA is anxious that we will see demand destruction because of higher oil prices. Oil prices fell on Wednesday, weighed down by ample supplies despite ongoing output cuts by producer cartel OPEC and looming US sanctions against major crude exporter Iran .

Business

Macron: EU summit decides to back Iran deal, protect European businesses

German Federal Chancellor Angela Merkel criticized in the lower house of parliament (Bundestag), the withdrawal of the U.S. government from the nuclear agreement with Iran . European Union experts have begun work drawing up measures to shield the deal from U.S. sanctions, focusing on nine key issues including ensuring Iran can sell its oil and gas products and have access to worldwide finance.

Business

Kroger paying $247M to license Ocado online home-delivery technology

Ocado will also allow Kroger to use its online shopping and logistics technology. It started distributing groceries for Waitrose and floated in 2010. Ocado has signed a string of similar technology deals with major supermarkets in France, Canada and Sweden. "It could also lose exclusivity rights, so (it) appears Ocado has given itself some options should this not go as well as planned".

Business

US Safety Agency Sends Team To Investigate Tesla Crash

SAN FRANCISCO - Data from the computer brain of a Tesla Model S that crashed in Utah last week confirms that the $100,000 sedan was in Autopilot mode, police in South Jordan said Wednesday. Tesla has released several statements on the accident, including a March 30 blog post that expressed sorrow for the family but defended its technology and pointed responsibility for the crash on the driver.

Business

Senate votes to protect net neutrality

Chuck Schumer of New York, accompanied by House Minority Leader Nancy Pelosi of Calif., left, Sen. "This is our chance, our best chance, to make sure the Internet stays accessible and affordable for all Americans", he said as the debate began.

Business

Tencent revenue tops estimates due to mobile games

Due to the fact that social media services such as Facebook , Twitter , Instagram and Snapchat are inaccessible in China, there exists a whole ecosystem of social networking and messaging platforms that are immensely popular in and around China but hardly known anywhere else in the world.

Business

US Putting Serious Pressure on Iran Nuclear Deal Participants - Moscow

Mr Johnson said that there remained a few months before the impact of American sanctions would be felt, adding that this gave "a margin to work on our response". Iran has promised to maintain the deal, regardless of Trump's withdrawal, as long as it still has the support of France and the UK. French President Emmanuel Macron asked after meeting with Trump last week.

Business

Man threatens to call ICE on workers speaking Spanish in NYC

He threatened to notify the Immigration and Customs Enforcement ( ICE ) "to have each one of them kicked out of my country". A NY restaurant manager listens to a customer's condescending tirade, which was triggered by Latino staff workers speaking Spanish in his presence.

Business

Ford to resume F-150 production Friday at Dearborn Truck Plant

Ford also plans to get Super Duty assembly back up and running on Monday in Louisville, Kentucky. The No. 2 US automaker also said production would resume on Monday at a second F-150 plant in Kansas City, Missouri, as well as its F-series Super Duty truck plant in Louisville, Kentucky.

Business

Total halts Iran's South Pars gas project over U.S. sanctions risk

The French oil major was among the first big western companies to return to Iran after the country emerged from years of isolation linked with its nuclear programme. Total was the furthest advanced of its European oil major peers in a cautious feeling out of upstream opportunities in Iran since the easing of worldwide sanctions at the start of 2016.

Business

India's Tata Steel profit lifted by one-off United Kingdom pension gain

Sales rose 13.96% to Rs 904.18 crore in the quarter ended March 2018 as against Rs 793.40 crore during the previous quarter ended March 2017. Revenue of the company jumped 16 percent to Rs 20817 crore against Rs 17917 crore. The India operations was impacted due to a blast furnace outage at its Kalinganagar plant . He said growth was broad-based across marketing segments and added that Tata Steel Europe had a good quarter despite currency headwinds.

Business

Coinbase Launches Four New Products for Institutional Investors

Because of this new demand, the cryptocurrency exchanges of the world are competing for this new market. The Tribune report cites Coinbase's desire to "be close to burgeoning digital currency markets, big investors", and "a vast pool of local talent" for the company's decision to launch an office in Chicago.

Business

Amazon Opening Its Door to Blockchain After Signing New Partnership

Kaleido is a start-up from ConsenSys that is meant to be "a new Blockchain Business Cloud aimed at speeding and simplifying enterprises' journey to using the technology", which will allow groups of businesses "to launch and operate enterprise blockchain networks on Amazon Web Services (AWS) without spending months and millions of dollars writing custom code".


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