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Russian Federation waiting to see OPEC freeze deal details

Saudi Arabia's gamble has failed. Oil prices slipped Friday, as Russian Federation said it would wait for details of OPEC's surprise agreement to cut crude output before deciding on any changes to its own production. Initially, global benchmark Brent crude spiked nearly six percent nearing 49 USA dollars a barrel, but has now stabilized at around 48. The Reuters survey is based on shipping data provided by external sources, Thomson Reuters flows data, and information provided by ...

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Ryder Cup, Day 1: U.S team posts surprising 4-0 sweep

United States' Matt Kuchar fist pumps United States' Dustin Johnson on the 10th hole during a foresomes match at the Ryder Cup golf tournament Friday, Sept. Twice major victor Spieth and fellow young gun Reed, who formed an unbeaten partnership as rookies at the 2014 Ryder Cup in Scotland, were two up on European heavyweights Justin Rose and Henrik Stenson after 10 holes in the top match.

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Tulsa police officer charged in death of Terence Crutcher

Officer Betty Shelby of the City of Tulsa Police Department in Oklahoma, is shown in this undated photo provided on September 21, 2016. Bartlett promised authorities would "continue to be transparent and ensure the system carries out its responsibility to provide justice".

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AAA: Gas shortage nearing end

Prices are up 27 cents in one week in Georgia and 18 cents in SC. The company says it will take several days for fuel supplies to return to normal in markets served by the pipeline. A break in the Colonial Pipeline , discovered September 9, has interrupted fuel service to North Carolina , Alabama, Georgia, North Carolina and Tennessee over the past few days, according to the Associated Press.

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Mexican peso a barometer for U.S. elections and risk sentiment

Higher-yielding currencies like the Australian and New Zealand dollars also did well, rising 0.3 percent against the USA dollar. It falls when Trump ascends in U.S. It was trading at 19.5950 in Europe, up around 1.4 percent on the day. "The first presidential debate will not necessarily decide the entire outcome, but it could potentially bring instability to the equity markets by increasing uncertainty over who could win the election", said Junichi Ishikawa, senior FX strategist at IG ...

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Oil Wavers as Doubts Grow Over OPEC Deal

USA shale producers, whose technology affords them to increase oil production quickly, may also swoop in and widen the spigots to capture the higher margins, analysts said . "We have to keep an eye on the sincerity of Opec members and how realistic their production cut plans are", said Mr Manoon. "It's good that Opec is going to limit production but sticking to the deal is the big headwind facing the organisation", David Lennox, a resources analyst at Fat Prophets in Sydney, said by ...

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What to Know About Brad Pitt and Angelina Jolie's Divorce

The source reportedly told the authorities that Pitt began screaming and "getting physical" with his children on a private jet from France to the United States, possibly under the influence, and then continued ranting after the plane landed.

Business

China reports 6 dead, over 20 missing after landslides

Local media also reported six people missing in Baofeng village in Wencheng county, where another landslide hit. "Roughly 400,000 cubic metres of debris slid down the mountains and buried 20 houses and 17 other houses were also flooded". Nearly four million homes lost power on the island and 100mph winds ended up injuring 625 people, most from falling and windblown objects. The typhoon weakened as it crossed Taiwan, so the winds were not as powerful by the time it made landfall in ...

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Elizabeth Warren tells Wells Fargo CEO he should be behind bars

John Stumpf , chairman and CEO of the Wells Fargo & Company, is sworn in prior to testifying before the Senate Banking, Housing and Urban Affairs Committee September 20, 2016 in Washington, DC. Questions for Cordray especially focused on the role of his agency in the Wells Fargo matter, with queries from Democratic senators giving Cordray a chance to plug some of the CFPB's ongoing work and to defend the embattled agency, which many Republicans want to defund or disassemble.

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Louis Cards walk-off win on freaky non-call by the Umpires

Molina's long drive to left field landed near the warning track and appeared to bounce over the top of the wall and ricocheted back into the field of play. The Cardinals, who had just one hit and one run through five innings against Pittsburgh righthander Tyler Glasgow, erupted with a four-run sixth inning Friday night, featuring a two-run homer by Brandon Moss, who had been an nearly unbelievable seven for his last 98.

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Oil falls on firmer dollar and profit-taking after Opec rally

However, with Iran fast approaching the target, the country may not be a problem for an output control deal in November. "We are talking about maintaining levels at volumes that have been reached , but it is still being discussed at what level", Novak said, insisting he "would not comment on specific levels".

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Prince George, Princess Charlotte enjoy playdate in Canada

It was attended by the children and families of military service members, who have loved ones now deployed. All children present were under the age of five. The young royals were taken to the popular attraction by their nanny while the Duke and Duchess were away on an overnight trip to Kelowna and Whitehorse.

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Illinois to yank billions from Wells Fargo amid scandal

Separately, the bank was fined $20 million for violating the same act by the Office of the Comptroller of the Currency . "I have come to the conclusion that Wells Fargo should be broken up", she said . Stumpf insisted customers' loyalty to Wells Fargo remains as strong as ever. "If I could, I'd pay it back", said Hensarling. "I wish I didn't".

Business

Investigators seek clues on why New Jersey train failed to stop

Tonight, we are continuing our coverage of yesterday morning's crash of a New Jersey Transit train that caused catastrophic damage to the Hoboken Terminal. Thomas Gallagher answered investigators' questions and was cooperative, according to a government official who was not authorized to discuss the case and spoke on condition of anonymity.

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Wells Fargo made me work overtime -- without extra pay

His office described the action as a "moratorium", and said more details are expected to be announced Monday. The fraudulent accounts earned the company a huge profit, allowing Wells Fargo employees to boost sales figures. The DOJ launched an investigation previous year after receiving a complaint from the United States Army saying that Wells Fargo repossessed a used vehicle owned by a National Guardsman in North Carolina.

Business

What The Latest FOMC Announcement Means For Gold Prices

For instance, the unemployment rate has remained at 4.9 percent for the past three months, and that's up from 4.7 percent in May. Weyerhaeuser (WY.N) was the top percentage gainer on the S&P, rising 5.1 percent to $31.88 after Goldman Sachs initiated coverage of the real estate investment trust with a "buy" rating.

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Petrol price hiked by 36 paise/litre, diesel cut by 7 paise

The department says average global product prices of petrol, diesel and illuminating paraffin increased during the period under review. The Rand strengthened against the US Dollar, on average, during the period under review but, was higher than the average of the previous review period.

Business

Cameron To Miss Bengals Game — INJURY REPORT

This was a week in which the Browns trotted out their third-string quarterback. "Once we get over that hump, I think we're going to have a lot of success, even this year". The defense was missing a considerable amount of contributors as well. And to top it off, all-star cornerback Joe Haden couldn't play due to a groin injury.

Business

Fed paves the way for 2016 rate rise

Fed Chair Janet Yellen , speaking after the central bank's latest policy statement , said US growth was looking stronger and rate increases would be needed to keep the economy from overheating and fueling high inflation. On balance she expressed more concerns about the threat of overheating, saying the current pace of job creation, at 180,000 a month, "is not sustainable over the longer run".

Business

Wells Fargo fined $4 mln for illegally repossessing servicemembers' cars

Wells Fargo has turned into a "school for scoundrels", said Rep. Carolyn B. Maloney (D-N.Y.). Michael Capuano, a Democratic lawmaker from MA, compared the actions of Wells Fargo , the United States' third-largest bank by assets, to those of a man who recently robbed one of that institution's branches.

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Wells Fargo CEO forfeits $41 million as company launches probe

He was hauled over the coals by the Senate's equivalent body last week. "These initial actions will not preclude additional steps being taken with respect to Mr. "If you had come here and said, the board now is clawing back, these are the things that we're doing.you would be in a lot better position sitting in that chair right now".

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Mega-Hurricane Matthew threatens Jamaica, Haiti, Cuba

Vincent Prime Minister Ralph Gonsalves said on state TV, according to Caribbean360 . People cleared out store shelves as they stocked up emergency supplies. A tropical storm warning is in effect for portions of the coast of Columbia and Venezuela, and a tropical storm watch is in effect for Haiti from the southern border with the Dominican Republic to Port-Au-Prince.

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NTSB probe of deadly crash focuses on engineer, black box

He was pulled from the wreckage Thursday and was briefly hospitalized. The NJ Transit portion of the Hoboken station will remain closed on Friday, slowing the morning commute for those making connections there. The NTSB also hasn't been able to extract a recorder from the forward-facing video camera in the train's mangled first vehicle, Dinh-Zarr said. NTSB media spokesman Christopher O'Neill said Friday that investigators are struggling to retrieve the recorder from the wreckage in Hoboken ...

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Hamilton quickest in Malaysian Grand Prix practice

Three-time world F1 champion Hamilton said: " That was a good day today ". Mercedes head into Sunday's race on the brink of claiming a third constructors' title but the battle for individual honours between the team's drivers is a lot closer, with Rosberg holding a points advantage and the momentum over Hamilton.

Business

Really worthy Stock of Yesterday- Verizon Communications Inc.'s (VZ)

Verizon Communications Inc . has a 1-year low of $42.20 and a 1-year high of $56.95. The shares closed last trade at $52.12, implying that analysts see shares rising about 4.07 per cent in 12 months' time. (NYSE:VZ) to report earnings of about $0.92 per share on $30,940.30M in revenue. That compares with the consensus estimate $30.94B and $0.92/share, respectively.

Business

Big Ten hit hard by injury bug as conference play heats up

With some potentially wet weather lingering through Saturday , that's all very much a concern for the Lions, who can't allow the Golden Gophers to control things with their solid run game. LIMEGROVER REUNION: The Gophers will reunite with Matt Limegrover, the well-liked former offensive coordinator and offensive line coach who has assumed the latter role at Penn State .

Business

Clinton leads Trump by 5 points: Reuters/Ipsos poll

Meanwhile a Detroit News-WDIV-TV four-way matchup conducted in the battleground state of MI found Clinton leading Trump by seven percentage points after the debate. Four out of five likely voters in New Hampshire said they watched the debate between Clinton and Trump - 59% of those said that Clinton won, compared to 19% who gave Trump the win.

Business

Wall Street rallies, led by Deutsche Bank, financials

The Bank is engaged in providing commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals.

Business

California Governor Jerry Brown Signs All-Gender Restroom Bill

Democratic Assemblyman Phil Ting said his bill moves California in the opposite direction of some states that restricted the ability of transgender people to choose which bathrooms to use. The bill was sponsored by Equality California, the Transgender Law Center and California National Organization for Women (NOW). Capping years of efforts to stop California's foster care system from overmedicating the state's most vulnerable children, Gov.

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Colts arrive in London to face Jaguars

That effort preceded the Jaguars' first win in three appearances at Wembley Stadium , a 34-31 victory over the Buffalo Bills . Indy's defense has not done well overall so far this year, but a lot of that can be attributed to injury - as they've gotten healthier each week, their defense has also improved each week.

Business

Is Deutsche Bank the next Lehman Brothers?

Banks are recovering from a sharp drop as Deutsche Bank tries to reassure investors about its financial health. "Our trading clients are amongst the world's most sophisticated investors", said a Deutsche Bank spokeswoman. US stocks had sold off sharply on Thursday, after Bloomberg reported that some hedge funds had withdrawn excess cash and positions held at the German lender.

Business

Trump On Birther Reversal: I Wanted To Get On With Campaign

In recent national polling, Clinton leads head-to-head match-ups against Trump, with the Democrat holding 45.5 percent support compared to 43.4 percent for the NY businessman, according to averages compiled by RealClear Politics . "As he's done before, Trump exploited this whole ordeal to call for draconian policies like profiling and a ban on refugees", Meyers continued. Colbert couldn't help but top Trump with a tale from his "super PAC days" of late 2012.

Business

Markets Right Now: Stocks open higher on Wall Street

The Standard & Poor's 500-stock index rebounded 17.14 points, or 0.8%, to 2,168.27. Real estate and utilities fell Thursday, partly due to a rise in bond yields. The S&P/TSX composite index climbed 23.12 points at 14,754.55, with energy companies adding on the most gains. "Wall Street was right to worry about Deutsche Bank, but yesterday was a bit of an over reaction, and we're walking back a little bit today", said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group in ...

Business

Fed: No fixed timetable for interest rate moves

Wisconsin Republican Duffy questioned the effectiveness of regulation passed in the wake of the 2008 financial meltdown, asking Yellen whether having banks that are too big fail remains a problem. With a potentially volatile USA presidential election and two months of economic data still to come, the Fed policymakers'remarks suggested the debate is far from over.

Business

USA 'on verge' of ending Syria talks with Russia: Kerry

The Syrian regime's U.N. Ambassador Bashar Ja'afari rejected accusations on Thursday that the regime was killing civilians. Moscow vowed to press on with its offensive in Syria, and accused the United States of "de facto support for terrorism" in the country, while USA officials searched for a tougher response to Russia's decision to seek a military victory on behalf of Syrian President Bashar al-Assad.


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