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Saudi February crude oil exports drop to 21-month low

West Texas Intermediate for May delivery dropped $1.97, or 3.8 percent, to settle at $50.44 a barrel on the New York Mercantile Exchange. Oil prices may rise by 20 percent this year as energy producers outside the USA keep a lid on how much crude they pump, said analysts at Citigroup .

Business

Understanding the H-1B visa program Donald Trump is concerned about

This order, entitled " Buy American and Hire American ", addresses federal procurement policies and reiterates the established policy to purchase goods manufactured in the United States. As the Departments draft their proposals for visa reform, and the House and Senate consider current and future legislative proposals, clients with interests in the nonimmigrant visa programs should marshal ideas for improvements to the programs, both in terms of criteria for issuance of such visas and the ...

Business

Paris attack will 'probably help' Le Pen in France

Winner: Will far right politicians like Marine Le Pen rise in popularity after the attacks in France? Three of the four presidential frontrunners - Le Pen, centrist Emmanuel Macron and conservative Francois Fillon - called off campaign events planned for Friday in the wake of the attack.

Business

Former Tennessee teacher in kidnapping case captured, girl safe

When sheriff's deputies arrived, they kept surveillance on the vehicle for several hours. Authorities in Siskiyou County, CA rescued teenager Elizabeth Thomas and arrested 50-year-old Tad Cummings after finding the pair in a rural cabin in Cecilville early Thursday morning.

Business

Pence tells Japan: 'We are with you 100 percent'

Its mission is to collect samples from the atmosphere in order to detect and identity a nuclear explosion. Trump has also decided against labeling Beijing a currency manipulator, saying it could jeopardize efforts to solve the North Korea problem.

Business

Across South Africa, Thousands Hold Rival Protests Over Unpopular President

Demonstrators protest against South African President Jacob Zuma in Pretoria, South Africa, Friday, April 7, 2017 . But the party's National Working Committee (NWC), discussing the cabinet reshuffle, later gave the president its backing.

Business

Le Pen Calls for French Border Controls to Be Restored Now

But it is claimed the "ISIS terrorist" was let out early following an appeal ruling, giving him the opportunity to carry out last night's deadly attack which has left one police officer dead. The gunman, armed with a machine gun, got out of a auto and opened fire at the police in front of the store on the street, reports quoted a witness as saying.

Business

U.S. oil, gas rig count jumps 10; Louisiana unchanged

USA drillers added oil rigs for a 14 week in a row, extending an 11-month recovery that is expected to boost US shale production in May in the biggest monthly increase in more than two years. A year ago, 431 rigs were active in the U.S. The U.S. rig count bottomed out last May at 404. There was a small increase of 3 rigs for the Eagle Ford Basin for the week.

Business

Trump eyes changes to Obama's tax and Wall Street rules

An Obama-era regulation finalized a year ago, aimed at preventing corporations from stashing cash overseas in a tactic known as "earnings stripping", may fall under the review, but Mnuchin said that rule is not specifically targeted by Friday's presidential memo.

Business

Teacher filled Cialis scrip before 'kidnapping' teen student

Cummins surrendered to deputies Thursday near a remote cabin in Cecilville , California. "Mr. Cummins made a spontaneous statement to me at the time that we took him down that, 'I'm glad this is over, '" Det. Only four days after Elizabeth was reported missing, he was added to the Tennessee Bureau of Investigation's top 10 most wanted list. "Obviously, we want to make sure that she's getting the best care, and make sure that across the board she's in the best state possible before she ...

Business

Oil prices flatten as rise in United States production weighs

World oil demand growth in 2016 was kept broadly unchanged at 1.38 million barrels per day (mb/d), averaging 95.05 mb/d. Despite a surge in USA shale production, the average cost for a barrel of Brent crude may rise by $10 by the end of the year, according to United States investment banking multinational Citigroup , as cited by Bloomberg .

Business

The Philip Morris International (PM) Getting Positive Press Coverage, Analysis Shows

The net percent change held by Institutional Investors has seen a change of -0.14% in last three month period. Philip Morris has the ability to bounce back from a sluggish quarter, and the disappearance of currency-related impacts to its bottom line was welcome.

Business

Sanders, Perez unity tour is off to a bumpy start

Their appearance is part of a national tour called " Come Together and Fight Back ". When the leader of the Maine Young Democrats asked the crowd what brought them to the rally , the audience erupted in "Bernie" cheers. 'Something compelled you to find the space and time to be here, and I want you to ask yourself what that reason is, ' she said. PEREZ: Well, listen , when we put hope on the ballot, we win.

Business

Hamilton urges McLaren to recall Button

McLaren-Honda driver Fernando Alonso has made a decision to give the Monaco Grand Prix a miss this season, in favour of making his Indycar debut at the legendary Indy 500 race. "I'm looking forward to pitting myself against the unique racing challenge that is the Monaco Grand Prix ", he said. McLaren is back in the Indianapolis 500 for the first time in 38 years with Alonso's entry, a Dallara DW12 chassis run by Andretti Autosport.

Business

South Korea Tells Trump It's Actually Never Been a Part of China

He also said China is seriously enforcing its ban, in place since February, on North Korean coal imports, and there have been no violations. North Korea on Thursday accused the U.S. North Korea marks the 85th anniversary of the foundation of its Korean People's Army on Tuesday, a key anniversary that comes at the end of major winter military drills, South Korea's Unification Ministry spokesman Lee Duk-haeng said.

Business

Hernandez lawyer wants murder conviction erased

The complaint was filed on behalf of Hernandez's fiancee, Shayanna Jenkins Hernandez, and his 4-year-old daughter, Avielle . A lawyer for the state correction department told Superior Court Judge Thomas McGuire in New Bedford, Massachusetts, that the maximum-security prison was already keeping any evidence, making a formal order unnecessary, the Boston Globe reported on Friday.

Business

Champs-Elysees gunman was previously detained but not deemed a threat

The gunman opened fire with an automatic weapon on a police van on the world-famous boulevard at around 9pm local time, prompting tourists and visitors to run for their lives. However, the Belgian federal prosecutor "rules out any link" between the man questioned and the attack on the Champs Elysees, a spokesman for the prosecutor's office told AFP.

Business

General Electric profit rises, beat expectations

General Electric reported on Friday that first-quarter cash flow from its industrial operations turned negative and was less than the company expected, though its earnings and revenue exceeded analyst estimates. "COPYRIGHT VIOLATION WARNING: "[[title]]" was originally posted by [[site]] and is the property of of [[site]]. The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 25th.

Business

Chevron loses appeal against $260 million Australia tax bill

The court heard that Chevron subsidiary ChevronTexaco Funding Corporation, which is incorporated in the U.S. state of DE, had loaned its Australian arm US$2.5 billion in 2003 at a favourable interest rate. The Chevron spokesman said the company "pays a substantial amount of tax in Australia", citing payroll and fringe benefits tax among others, including royalties - which are not a tax but the price paid for resources.

Business

United Will Not Fire Employees Over David Dao Incident

They were told to leave to make room for four United crew members en route to the plane's destination in Louisville, Kentucky, where they were to staff another flight. "A lot of people have ideas and thoughts about how we can make things better, but in that segment, there's been a lot of support", he said. He said that United's forecast for the April-through-June quarter has not changed.

Business

General election: UK Parliament approves Theresa May's snap vote

They also say that a big victory for May will dilute the influence of those lawmakers pushing for a "hard Brexit" as well as strengthening May's overall negotiating stance. I don't think that this election is about changing the Government. But Labour MP Gisela Stuart, one of the architects of Brexit as co-chair of Vote Leave, said she would be standing down after 20 years as MP for Birmingham Edgbaston.

Business

UC Berkeley ReInvites Ann Coulter, But There's a Catch

A day after calling off Ann Coulter's upcoming appearance for security reasons, University of California, Berkeley officials backtracked and paved the way for her to speak on campus May 2. Dhillon also spotlighted how the university recently cancelled a planned lecture by conservative author David Horowitz , citing past rioting during a speech by Milo Yiannopoulos.

Business

We carried out deadly Champs Elysees attack

The Islamic State's Amaq news agency within hours claimed responsibility for the attack "in the heart of Paris", and identified the gunman as Abu Yousif, a Belgian. The man suspected of carrying out the Champs-Elysees attack was detained and freed in February for threatening to kill police. Mr Hollande said: "We shall be of the utmost vigilance, especially in relation to the election".

Business

Ontario reveals a foreign-homebuyer tax, rent control and more

Finance Minister Bill Morneau said his government was consulted in advance of the move by the Ontario government, which announced a 15-per-cent tax on foreign purchases in the hope of cooling a scorching-hot Toronto housing market . "The current strength in national home sales mainly speaks to what's going on in and around Toronto", Andrew Peck, president of Canadian Real Estate Association, said in the report .

Business

Labour Has (Eventually) Ruled Out A Second Referendum On Brexit

British lawmakers have, as expected, voted in favour of the snap election proposed yesterday by Prime Minister Theresa May, setting the date for June 8. As a supporter of Labour for the past 60 years and also a Brexit voter, I fully support her decision and reason for taking this course of action.

Business

Zlatan Ibrahimovic injury revealed: Manchester United striker set for nine months out

Anderlecht were impressive throughout the match but United were the more forceful side as the game wore on and were good value for the win in the end. "In this moment, Eric Bailly played six matches in a row, and we lost Marcos Rojo ". "We are in trouble". Mourinho now has three centre-backs on the treatment table, with Chris Smalling and Phil Jones still quite a while away from a return from injury.

Business

Mulvaney: Dems Must Compromise on Trump Budget Demands

But White House Budget Director Mick Mulvaney said in an interview with The Associated Press on Wednesday that the wall and the money for more immigration agents are priorities. With control of all three branches of government, Democrats are betting voters will have to blame Republicans for any shutdown. But in a conference call with fellow Democrats Thursday, House Minority Leader Nancy Pelosi was unimpressed, saying "We have the leverage and they have the exposure".

Business

New details on federal investigation into Fox News

Then in 2004, another FOX News producer, Andrea Mackris, filed a lawsuit saying she was sexually harassed and threatened by O'Reilly who was married at the time . "But that is the unfortunate reality many of us in the public eye must live with today", O'Reilly complained on Wednesday. On New York magazine's website, Sherman wrote: "The Murdochs have decided Bill O'Reilly's 21-year run at Fox News will come to an end".

Business

Bill O'Reilly's Fox News Payout Reportedly Worth Millions

Palin was a paid Fox News contributor from 2010 to 2015. One of the biggest stories of the past week was Fox News firing of Bill O'Reilly after over two decades being with the company. He said it was "tremendously disheartening" that his relationship with the network ended because of "completely unfounded claims". "But that is the unfortunate reality many of us in the public eye must live with today", O'Reilly said in the statement.

Business

US oil climbs to five-week top on geopolitical tensions

USA oil imports from the kingdom declined 24 per cent in the week ended March 31, according to Energy Information Administration (EIA) data. The report also showed that gasoline inventories decreased by 2.973 million barrels, compared to expectations for a draw of 1.721 million barrels, while distillate stockpiles fell by 2.153 million barrels, compared to forecasts for a decline of 0.885 million.

Business

BJP to make Odisha a laboratory for welfare schemes: Dharmendra Pradhan

Apart from PM Modi, 40 Union ministers, 13 chief ministers and seven deputy chief ministers will be attending the 2-day meet. "It indicates how much the Prime Minister is concerned about Odisha's development". During Delhi elections, church attacks was highlighted and during the Bihar polls "Award Wapsi" was the issue. The Prime Minister said power was not their goal as politics is an instrument of socio-economic transformation of country's overall-economic, social, educational transformation.

Business

Madison Bumgarner lands on DL after dirt bike accident

The left-hander, who nearly single-handedly took down the Mets in last year's NL Wild Card game, suffered bruised ribs along with an AC sprain in his pitching shoulder, although surgery at this time is likely unnecessary. Since joining San Francisco's pitching rotation on a full-time basis in 2011, Bumgarner has made it to the All Star Game four times and was elected the World Series MVP in 2014.

Business

H-1B not immigration but trade, services issue

The US has recently accused the Indian IT companies of misusing the H-1B visa regime. "Insofar as H1-B visas are concerned, the cap has remained at 65,000 since December 2004 when the H1-B Visa Reform Act of 2004 was enacted by the US Congress", he said.

Business

Musk's Latest Startup Eyes Brain-Computer Links

Speaking to Wait But Why Musk explained that the product will help those with severe brain injuries caused by stroke or cancer lesion. Musk believes that such neural laces would improve human cognitive function by enabling people to achieve symbiosis with artificial intelligence machines.

Business

Ofcom opens new consultation on BT ducts, poles

We believe that an effective PIA remedy will reduce the absolute costs and time required for competing telecoms providers to build ultrafast networks at scale. Ofcom Competition Policy Director Yih-Choung Teh said: "People increasingly need fast, reliable broadband". Finally, Ofcom wants Openreach to provide a comprehensive "digital map", showing the location and capacity of every duct and pole in the country.


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