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Oil markets jittery ahead of OPEC meeting later in day

Documents prepared for the meeting propose OPEC cut production by 1.2 million barrels per day from October levels, an OPEC source familiar with the papers said, slightly more than the 1 million bpd the group discussed at a meeting in Algiers in September.

Business

Here's The Hero Cop Who Shot The Attacker At Ohio State

Officials in Ohio say a man who launched an attack on the campus of Ohio State University is dead. The attacker was identified as Ohio State student Abdul Razak Ali Artan. "It just hit everybody who was in front", he told AP. Eight of the 10 victims were men and two were women, the Times reported . Nine people were taken to three local hospitals, Andrew Thomas, the chief medical officer for OSU's Wexner Medical Center, said at a news conference.

Business

Iraqi leader predicts IS collapse in Mosul

The United States and Iraq have different opinion on when the Mosul offensive against the Islamic State group - also known as Islamic State of Iraq and Syria (ISIS) or Islamic State of Iraq and the Levant (ISIL) - will end, but the ground reality is that the poverty-stricken in the second-largest city of Iraq are already struggling to secure food.

Business

Lufthansa scraps 900 more flights for Thursday as pilots extend strike

This news story is related to Print/167399-Lufthansa-cancels-830-flights-as-pilots-strike-again/ - breaking news, latest news, pakistan ne. Airlines owned by Lufthansa Group including Eurowings, Germanwings, SWISS, Austrian Airlines, Air Dolomiti and Brussels Airlines are not affected by the strike .

Business

Brussels Airport: 20 Lufthansa flights affected

There may also be a small number of cancellations on short- and medium-haul routes as a result of the previous days' strikes . The German airline cancelled about 830 flights on Friday, with long-haul journeys facing disruption over the weekend as the dispute intensifies.

Business

Black Friday: US shoppers spend less over holiday weekend

Meanwhile Thanksgiving and Black Friday online sales tracked by Adobe Digital Index were $5.27billion, up 18% year-on-year. "We still expect Cyber Monday to surpass Black Friday and become the largest online sales day in history with $3.36 billion", she added.

Business

Saudi energy minister: oil market will balance even without output cuts

Saudi Arabia's Energy Minister Khalid al-Falih said on Sunday the oil market will rebalance itself in 2017 even if producers don't cut. Oil prices are now under pressure as the markets remain uncertain over OPEC's oil production deal on November 30th.

Business

Fed official: Case for rate hike stronger since election

USA government debt prices were mostly flat on Tuesday as investors digested the latest release of US economic data and comments from Federal Reserve Governor Jerome Powell. Mr Powell, a centrist and one of five influential governors at the central bank, said more fiscal spending on public infrastructure may helpfully raise private-sector productivity, which has been mysteriously low, holding back economic growth.

Business

Stocks Subdued by Lower Commodities Prices

EST. Crude prices had traded lower earlier on Monday. after Libya's National Oil Corporation (NOC) said on Sunday it would not take part in any OPEC production cuts for the "foreseeable future", according to Reuters, and the Saudi Arabian Energy Minister Khalid al-Falih also said that he believed the oil market would balance itself next year even if producers did not intervene.

Business

Thor Industries results boosted by acquisition

Shares of Thor Industries Inc. rallied in Monday's extended session after the recreatonal vehicle maker posted quarterly results that soundly beat Wall Street's expectations. The number of shares now owned by investors are 342.05 mln. More interesting news about Thor Industries , Inc. Evercore Wealth Limited Liability owns 300 shares or 0% of their U.S.

Business

Retailers closed on Thanksgiving Day hope to break Black Friday records

Shamika Malloy of Albany was also there shopping for her four teenage children. -It's easier and faster to shop online. However, revenue growth for Thanksgiving Day may slow due to heavy discounting seen in the early hours of Thanksgiving Day, with discounts on tablets, televisions, toys and pet-care items all bigger than past year.

Business

Cyber Monday to generate over $3 Billion

Friday's online sales were up 11-percent from last year and this year is the first time online shopping exceeded $3 billion in sales. No longer limited just to United States retailers, Thanksgiving and Black Friday shopping growth was a world-wide phenomenon this year with retailers outside of the USA experiencing significant growth.

Business

Young, Connected Consumers Help Drive Shopping over Thanksgiving

Carmen Cunnyngham of Kansas City, Kansas, was in Denver on Sunday and chose to stop at the mall to pick up a new pair of Ugg boots for her daughter. They were discounted at Nordstrom, which is one of her favorite places to shop. Instead of door-buster markdowns on a select few products, for example, retailers are shifting to a stream of discounts and alerts during the entire week via email and social media.

Business

JD Sports buys Go Outdoors

Peter Cowgill, Executive Chairman, commented: " Go Outdoors is a great addition to our existing Outdoor business". In the 53 week stretch leading to January 31st, 2016, Go Outdoors recorded a consolidated revenue of £202.2 million, an operating profit of £6.1 million, a pre-tax profit of £4.9 million and has gross assets totaling £76.4 million.

Business

Alzheimer's drug trial fail dashes hopes

The drugmaker said it hasn't decided what next steps, if any, to take with the medicine. "We will evaluate the impact of these results on the development plans for solanezumab and our other Alzheimer's pipeline assets", Dr Lechleiter said. Amyloid still plays some role, and it's premature to abandon the notion of targeting it, said a specialist who has led many previous failed Alzheimer's drug studies.

Business

More than 70 killed in plane crash in Colombia

The jet carrying the Chapecoense team, along with club officials and journalists, came down late at night, officials from the Jose Maria Cordova International Airport in Medellin announced. Among the survivors are three soccer team members, along with two crew members and one journalist. "Only God can give us strength". Pictures of the team as they prepared for take-off showed players in high spirits, with staff wearing club colours of green and white ready for the flight.

Business

Is Uber an app or taxi service — European Union court asks

Uber is going to court in Europe, in a case that could have huge implications for the app-based economy across the continent. But it has faced protests from established taxi operators in many places and been hit by a series of lawsuits and regulatory hurdles.

Business

Theresa May to unveil boardroom crackdown on big business

The Government has today published a consultation on corporate governance reforms, including a controversial proposal on executive-employee pay ratio reporting. "There are around 2,500 private firms which employ at least 1,000 people, and the damage that occurs when they are poorly governed can be substantial, as we saw with the collapse of BHS", Walker said.

Business

Dreamworld to reopen for school holidays

The Dreamworld attractions re-opening on December 10 include all WhiteWater World slides and pools along with the park's wildlife areas, entertainment and family attractions in DreamWorks Experience, Wiggles World, ABC Kids World and the Motorsports Experience.

Business

Parking lot dispute leaves 1 dead at Nevada Wal-Mart

And in Reno, Nevada, a 33-year-old man was shot in what is believed to be a road rage incident in a Walmart vehicle park. Isidro Zarate, 39, lost his life when he attempted to stop a man from physically abusing a woman in the parking lot of a San Antonio Walmart .

Business

Oil drops amid caution over OPEC meeting; stocks mixed

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.27 percent after two days of gains. "(With) continued production cut brinkmanship from both OPEC and Russian Federation, scepticism is still rife about whether tomorrow's official OPEC meeting in Vienna will be a success", said Mike van Dulken, head of research at Accendo Markets.

Business

Cyber Monday sees boost in online shoppers over past year

Cyber Monday's robust start highlights the ongoing shift within retail to online shopping. In-store foot traffic jumped by nearly two-thirds in the US on Black Friday, according to data revealed today by Google. Kiva robots move products at an Amazon Fulfillment Center on Cyber Monday in Tracy, California, U.S. November 28, 2016. Black Friday online retail sales set a new record of $3.34 billion in the USA this year, according to data from Adobe .

Business

Stein Is Not Likely To Get A Recount In Pennsylvania

He explained that Michigan, Wisconsin and parts of Pennsylvania use paper ballots, which aren't hackable, but the optical-scan computers that count those ballots could be hacked. On Sunday, before he boarded his private jet back to NY to resume meetings with potential Cabinet picks, he claimed he would have won the popular vote if it were not for "the millions of people who voted illegally".

Business

Opko Health Inc (NYSE:OPK) Upgrades/Downgrades Report

The shares were bought at an average price of $10.09 per share, with a total value of $43,387.00. The insider owns 24,600,633 shares which have current market value of around $261258722.46.Steven D. The stock's price switched up 7.03% 20-Days Simple Moving Average, added 5.93% from 50-Days Simple Moving Average and rose 6.40% from 200 Days Simple Moving Average.

Business

It is no longer just Black Friday shopping anymore

In addition, they will continue their Black Friday sale to Cyber Monday event. Wow! Cyber Monday sales increased by 10% to $540 million in early data from Adobe Digital Insights, with Star Wars Lego sets and Samsung 4K televisions among top sellers.

Business

Lufthansa bids to halt strike that will hit 900 flights

Lufthansa said on Wednesday that 912 flights, roughly one-third of its schedule, would be canceled on Thursday after a union of pilots announced that members had chose to continue their walkout for a second day. Please Wait while comments are loading. Lufthansa Frankfurt and Munich flights to and from Dublin Airport for today have been cancelled. Meanwhile a separate walkout by cabin crew at Lufthansa's low-priced airline Eurowings led to the cancellation of more than 60 flights at ...

Business

Trump Taps Steve Mnuchin for Treasury Secretary

He spent 17 years working at Goldman Sachs, in addition to working at Soros Fund Management and co-founding OneWest Bank Group. Not coincidentally, Mnuchin, 53, was national finance chairman for Trump's successful presidential campaign. He returned the institution to profitability before it was sold previous year to CIT Group for $3.4 billion. Before the sale, however, OneWest was accused of aggressive foreclosure tactics.

Business

Authorities won't use force to remove protesters

But Cecily Fong, spokeswoman for the North Dakota department of emergency services said, "We will not be using law enforcement or national guard to enforce the order". "It's useless for local and state law enforcement, and the order from the Corps is self-serving and amounts to them limiting their liability", Schulz said.

Business

AAA Mid-Atlantic to serve as Toys for Tots location

All toys should remain unwrapped and geared for children 16 years old and younger, according to Toys for Tots' website. New, unused and unwrapped toys will be accepted between 8 a.m. The two locations will have displays of military vehicles and or classic cars from the Road Rattlers Car Club, Madera County Search and Rescue Off Highway vehicles, Cal Fire firetrucks and CHP cruisers.

Business

Donald Trump vows to pull U.S. out of TPP

Other TPP members include Chile, Mexico, Canada, Peru, Brunei, Malaysia, Singapore, Vietnam and Australia. Time would tell to what extent the U.S. would engage with the TPP or an evolved version of the trade pact. Trump gave request for termination of negotiations for several trade agreements, which are now ongoing, and the renegotiation of existing agreements, including the North American Free Trade Agreement (NAFTA).

Business

Man 'running with axe' dies after being shot by police

IPCC associate commissioner Tom Milson said their thoughts are with the man's friends and family. Initial reports suggested the man had died following the shots fired by officers at 9.37am, but police have since clarified that he is receiving medical attention.

Business

First Potomac Realty Trust (NYSE:FPO) 200-Day MA At $9.3291

State Street Corp now owns 5,055,386 shares of the real estate investment trust's stock worth $140,635,000 after buying an additional 308,758 shares during the last quarter. The dividend payable date has been fixed on Jan 13, 2017. Digital Realty Trust Inc.'s (DLR) has price-to-cash ratio of 399.66 and price to sale ratio of 7.04.

Business

Ohio State University suspect used vehicle, butcher knife in attack

Most had been hurt by the auto, and two had been stabbed, officials said. Ben Johnson said Monday that there were also other injuries that were being evaluated. They executed a search of the suspect's home and are reviewing security camera footage as well as a Facebook post. A second government source said investigators believed Artan was a Somali refugee.

Business

Chicago police fatally shoot man who fired at officers

At 2:03 p.m.an 18 year-old man suffered several gunshots to the chest in the Gresham neighborhood while he was sitting in his auto as shots were fired from another vehicle. Friday evening, 16-year-old Diego Alvarado was shot in the back, groin and arm while in the Back of the Yards neighborhood, police said. Police say Grimes fired twice at officers during a chase, slightly injuring two of them before they returned fire and killed him.

Business

Played in/Played out: Ohio State, Penn State, Colorado make a case

Penn State is making its first appearance and going for its first championship since 2008. MI head coach Jim Harbaugh was not happy with the way the officials called the epic double-overtime matchup between No. The play was ruled a first down on the field, reviewed and upheld upon that review. "How can you keep us out?" he asked. "Every week we have improved and gotten better and now we have a tremendous opportunity to go Indianapolis next week and finish this thing and get a Big Ten ...


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