Business
BP sells Forties North Sea pipeline to Ineos
In a statement , Jim Ratcliffe said the North Sea continues to present new opportunities for his company. The deal has been criticised for giving Ineos - which already co-owns Scotland's only crude oil refinery at Grangemouth - too much control over the North Sea.
Business
Trump plans to sign broadband privacy repeal into law
President Donald Trump should veto this blatant assault on Americans' basic privacy rights. This is an important issue for consumers and for the companies that are trying to use that data for sales and marketing. Various websites, including giants like Facebook and Google, can already see a lot about users depending on what people do on those websites . Search engines, websites and cell phone applications all collect information on users - information that's used to build a consumer ...
Business
Donald Trump calls Russia probe 'witch hunt' as Flynn seeks immunity
The chair then refused to share those materials and sources with his committee, though he immediately briefed both the press and the White House on what he claimed the documents showed. But Mr. Trump earlier encouraged Flynn to ask for immunity , tweeting that the ongoing congressional inquiries are nothing short of a "witch hunt".
Business
Arrow Global Group (LON:ARW) Receives Buy Rating From Jefferies International Analysts
GBX 263.18's average target is -13.20% below currents GBX 303.2 stock price. Mylan Inc. had 3 analyst reports since March 31, 2017 according to SRatingsIntel. About 75,178 shares traded. N+1 Singer has reiterated SDL PLC (LON:SDL) to Corporate in a statement released on 4/03/2017. It has outperformed by 19.98% the S&P500.
Business
Nifty hits record high; rupee, bonds rally
The Sensex ended 2016-17 fiscal with a gain of 16.88 per cent or 4,278.64 points to 29,620.50, making investors richer by Rs 26.79 lakh crore. The NSE Nifty today opened higher and breached the again 9,200-mark and touched all-time high of 9,245.35.
Business
Gennady Golovkin earns tough unanimous decision over Daniel Jacobs at MSG
Golovkin was able to land his signature power punches in round four as he dropped Jacobs after two right hands to the head. "But it didn't go my way and I won't complain". "This is sport, this is boxing". The post Boxing: Golovkin edges Jacobs by decision to defend titles appeared first on UNTV News . This wasn't a case of Golovkin taking an easy challenger to stay in shape for the big fight later this year.
Business
ANC wasn't consulted on reshuffle - Zweli Mkhize
The timing of the reshuffle in the early hours of Friday, with 10 out of 35 ministers losing their jobs in all, was created to reduce the impact on financial markets. His firing is another blow to Africa's most industrialized economy that grew just 0.5 percent a year ago and suffers from 27 percent unemployment. "We are going have to see if we can do a Black Monday until action happens".
Business
Oil drops on rising USA drilling, steady OPEC supply
The global benchmark crude closed at a US$2.71 premium to May WTI, the widest since January. The dollar index, which measures the greenback against a basket of six major currencies, was flat at 100.32 after touching its lowest since February 7 of 100.020.
Business
Oil bounces off November lows, but bloated U.S. stockpiles pressure market
A deal between the Organization of the Petroleum Exporting Countries and some non-OPEC producers to reduce output by 1.8 million barrels per day (bpd) in the first half of 2017 has had little impact on bulging global stockpiles of oil. If correct, that would be the tenth weekly crude stock build in the last 11 following a surprise dip in the prior week and could boost inventories back to a record high.
Business
Carrie Lam elected Hong Kong's new chief executive
The third, and most liberal candidate, retired judge Woo Kwok-hing received only 21 votes. The protesters told CNN they were told to report to a police station Monday, one day after Carrie Lam was selected by a Beijing-dominated election committee to be the city's next leader.
Business
Beyonce fans bet on twin baby girls after 'teasing' Instagram photos
She wore a blue dress and a pair of purple earrings along with other matching accessories, so we wonder, is she having a boy and a girl? "The flower probably means girls!", one user wrote. In February, she posted an image of herself doing the peace sign, which later became clear was in fact the number two for twins. So now, let the chromosomes decide what 5-year-old Blue Ivy will have, a brother and sister, 2 brothers, 2 sisters.
Business
Why is Westinghouse declaring bankruptcy?
According to the agreement over nuclear liability which followed former U.S. President Barack Obama's visit to India in January 2015 and Prime Minister Narendra Modi's visit to Washington DC in June 2016, both sides had agreed to "work toward finalising the contractual arrangements by June 2017" for six reactors to be built in Andhra Pradesh by Westinghouse and the Nuclear Power Corporation of India Ltd (NPCIL).
Business
Oil Drops as US Drilling Growth Threatens to Counter OPEC Cuts
Investors now want to see whether Wednesday's figures from the Energy Information Administration, a unit of the Department of Energy (DoE), confirm the rise. Crude has made a few attempts to rebound after a 10 percent decline a week-and-a-half ago, but the surges have generally been brief. USA shale oil producers have been adding rigs, pushing up the country's oil production to about 9.1 million bpd, from around 8.5 million bpd in late 2016.
Business
Cyclone Debbie: Baby girl born amid the destruction
Jenny and David Clarke spoke on the phone on Tuesday morning during the peak of the storm, when the roof came off the house. "Everyone is going to be in shock tomorrow, just to see the full impact of this cyclone", she said. The BoM said strong wind gusts of up to 120km/h will also continue, and that large seas with abnormally high tides will cause unsafe beach conditions.
Business
Oil stable on falling Libyan output, but bloated U.S. market still weighs
WTI, the US benchmark for the price of oil, was down 0 .14 percent to $50.28 per barrel. West Texas Intermediate oil slipped below $50 USA a barrel several times during North American trading. The nation cut crude output by an average 202,000 barrels a day in March, according to the Energy Ministry. (NYSE: BHI ) will publish weekly USA oil rig figures.
Business
United States military opens investigation into Mosul airstrike
The blast, which hit the checkpoint at the main southern entrance to the city on Wednesday night, also wounded at least 36 people, the officials said. Officials and witnesses say air strikes have taken a devastating toll on those who remain. He said that was different from using civilians as human shields and that ISIS did not want the coalition to know the civilians were in the building so that a strike would kill them.
Business
Little girl survives as three others drown in swollen river
The vehicle went into the Tweed River off Dulguigan Road near Tumbulgum just after 1.40pm on Monday, a NSW Police spokeswoman said. A 10-year-old girl escaped from the vehicle but her family - believed to be a mother and two children - were trapped inside after it crashed off Dulguigan Road at Tumbulgum at 1.40pm.
Business
Moorside nuclear reactor builder Westinghouse goes bust
The deal was supposed to help Westinghouse complete the USA reactor projects. Westinghouse said in a statement that it filed the Chapter 11 petition in U.S. In the USA, nuclear power still generates about one-fifth of the nation's electricity. "We apologise to all stakeholders, including shareholders, for causing this trouble and worry over our nuclear business", he said.
Business
Uber suspends self-driving car program in 2 states
According to a representative of Uber from Arizona Uber has stopped the fleet of self driving cars . Mayor Bill Peduto said that Uber has been pioneering force in making Pittsburgh a hub for self-driving cars , and that its benefits to the our economy far outweigh the risks.
Business
Samsung starts pre-orders for Galaxy S8
But so far it seems that Galaxy S8 could have been an even better - and it is no doubt a very fine phone - if it had a more exciting camera in it. In fact, many observers have noted that the increased price-tag expected for the "iPhone 8" appears to be aimed in part at controlling market demand to reduce potential supply issues.
Business
UK's Prince Charles visits quake-hit town in central Italy
Wearing a hard hat, he entered the abandoned "red zone" in the city centre, where collapsed houses lie next to the ruins of a 13th century Civic Tower, and walked alone in silent contemplation. The heir to the throne and the Duchess of Cornwall will meet Pope Francis and enjoy a tour of the Vatican the following day. Charles will travel to north-east Italy to mark the centenary of the deployment of British forces to the Austrian front in 1917, and pay his respects to those from all countries ...
Business
United Airlines Turns Girls Away for Inappropriate Attire, AKA Leggings
Yes, the airline did require the girls change if they wanted to take the flight, but these two weren't your standard paying passengers. The incident has sparked a social media storm after another passenger at Denver International Airport, Shannon Watts , tweeted about what happened.
Business
Android 7.1.2 Nougat Now Rolling Out To Pixel C, Nexus Player
The release of Android 7.1.2 Nougat to the Pixel C and Nexus Player comes right before the rumored April 3 release date of what could be the last Android Nougat update. Do note that this update is now only accessible to Pixel and Nexus devices, particularly the Google Pixel, Pixel XL, Pixel C, Huawei Nexus 6P, LG Nexus 5X, and the Asus Nexus Player devices.
Business
Number of Syrian refugees tops five million says UN
Smaller numbers have been resettled officially in Europe , Canada and the United States , though U.S. president Donald Trump's administration has sought to temporarily halt all Syrian refugee entries. With the signing of the New York Declaration for Refugees and Migrants in September 2016, UN Member States committed to increase their efforts to find new homes for all refugees identified by UNHCR as needing protection and solutions in third countries.
Business
Google, YouTube Face Advertiser Boycott
Verizon has also suspended some of its Google advertising. Google's ad content is shown in a variety of settings and media types, including videos, audios, and a ton of websites on the internet. Google announced today new controls to allow advertisers to define where they want their ads to show and where they want their ads not to show. "We know that this is unacceptable to the agencies and advertisers who put their trust in us".
Business
Stars blast United Airlines over leggings ban
United Airlines has released a statement confirming that its passengers may wear leggings in-flight, following an incident where two girls were barred from boarding one of its flights. "I have flown united before with literally no trousers on", Chrissy Teigen also wrote . "This behavior is sexist and sexualises young girls", Watts said on Twitter.
Business
USA crude stockpiles at record high as imports surge
Oil prices slipped on Monday despite news that OPEC was supportive of extending a six-month deal to cut output as investors continue to grapple with worries about growing USA oil output and high inventories. A day later, though, data showed the USA rig count growing for a ninth week and a Libya official said Sunday that the Es Sider and Ras Lanuf ports are preparing to restart oil exports.
Business
Oxford win the 163rd varsity boat race
The men's race was tightly fought, with a stronger start from Oxford giving the men's crew a slight lead, which was eventually built to one and a half lengths by the end of the course. Cambridge's attempts to recover eventually cost them shortly after Mile Post, when they fought for the favoured narrow water approaching Hammersmith Bridge and the two boats' blades nearly collided.
Business
Crude oil futures jump to Rs. 3238 per barrel
Prices for front-month Brent crude futures LCOc1 , the global benchmark for oil, were at $52.53 per barrel at 0445 GMT, up 11 cents from their last close. Crude inventories rose 867,000 barrels (bbl) in the week ending March 24, compared with analysts' expectations for an increase of 1.4 MMbbl. Kuwait and other countries support prolonging production cuts that are scheduled to expire in June, the Persian Gulf emirate's Oil Minister Issam Almarzooq told state-run news agency KUNA.
Business
MP backs nuclear scheme as Toshiba eyes sale of its share
It could also embroil the US and Japanese governments, given the scale of the collapse and the $8.3 billion in USA government loan guarantees that were provided to help finance the reactors. Other sources have said the Japanese government is likely to block sale to Foxconn due to its deep ties with China. Toshiba said through a prepared statement it was guaranteeing as much as $200 million of Westinghouse's financing and added that the unit would be taken out of its consolidated books at ...
Business
US Authorizes Construction of Pipeline Keystone XL
President Donald Trump announced he had approved the "long overdue project". "It's going to be an incredible pipeline", the president added. The greatest technology known to man. The Nebraska Public Service Commission must also sign off on the plans for building there. Both Keystone XL, created to carry 830,000 barrels of oil a day, and Dakota Access, with a capacity of 470,000 barrels, have been flashpoints for fossil fuel opponents who argue they'll damage the environment, exacerbate ...
Business
Oil caps biggest weekly gain in 2017 as Opec eyes deal extension
May Brent oil LCOK7, -0.49% on London's ICE Futures exchange shed 26 cents, or 0.5%, to $52.87. Russia has already cut oil production under a deal with OPEC by 200,000 barrels a day, Russian Energy Minister Alexander Novak told CNBC on Thursday, according to TASS.
Business
Trump signs orders to review trade laws, severely punish foreign 'cheaters'
Among those in attendance were Vice President Mike Pence, Commerce Secretary Wilbur Ross, Peter Navarro, the director of the White House National Trade Council, and Steve Bannon, the president's chief strategist. Trump has aired these longstanding grievances as he prepares to host China's President Xi Jinping at his Florida resort on April 6th and 7th. Despite the US President's remarks , the Chinese authorities are striving to highlight the advantages of the relationship between the two ...
Business
Donnelly supports Gorsuch for U.S
Donnelly, a Democrat, announced his decision on Sunday, calling Gorsuch "a qualified jurist who will base his decisions on his understanding of the law and is well-respected among his peers". Sen. Joe Donnelly of IN said he would vote IN favor of Judge Gorsuch's confirmation while Sen. McConnell declined to say if he had sufficient support among his fellow Republicans to change the Senate's rules.
Business
Defense OK despite Brexit — EU foreign chief
A letter from Prime Minister Theresa May was sent to EU leaders, formally asking the union to implement the start of exit talks and ending a relationship that had lasted for 44 years. Johnson, speaking in Brussels upon arriving for a North Atlantic Treaty Organisation meeting, said he has had good feedback from European Union partners since Britain formally announced Wednesday that it would be leaving the European Union, despite worries on both sides of the Channel about Brexit.