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Theresa May's election 'power grab' slammed by EU's Guy Verhofstadt

Labour leader Jeremy Corbyn said the election "gives the British people the chance to vote for a Labour government that will put the interests of the majority first". But the source said: "Any suggestion we are going to change our approach to the inclusion of overseas students in the migration statistics is plain wrong".

Business

WTI Oil Price Eases From Five-Week High

Oil futures have been pinned in a range, supported by production cuts from the Organization of Petroleum Exporting Countries cartel and other producing states but capped by rising US shale oil production. "It has been going on for a long time", said Ric Spooner, chief market analyst at CMC Markets in Sydney. In a sign of OPEC confidence that the deal is working, Kuwait's oil minister said he expected producers' adherence in March to their supply cut pledges to "be higher than the previous ...

Business

Paris Terror Attack Will 'Probably Help' Marine Le Pen in Election

The top two vote-getters are expected to proceed to a second ballot in May. "Whoever is the toughest on radical Islamic terrorism, and whoever is the toughest at the borders, will do well in the election". After that attack, which the so-called Islamic State claimed responsibility for, Le Pen called for borders to be " immediately " strengthened. "They can not bear the political life led by the elites".

Business

Pagegroup PLC (PAGE) Upgraded by Credit Suisse Group AG to "Neutral"

Vonage Holdings Corp.is a provider of cloud communications services for businesses and consumers, and consumer and communication solutions across multiple devices. (NYSE:RT) has declined 19.28% since September 12, 2016 and is downtrending. Lpl Fincl Ltd Liability Company stated it has 0% of its portfolio in Ithaca Energy Inc (LON:IAE).

Business

Netflix Growth Slows Due To Content Delays

They had risen 15 per cent this year through April 13. According to Zacks, " Netflix's focus on global expansion and original content has paid off with the streaming giant adding 7.05 million net new additions in the last reported quarter, taking the total count to 19 million for 2016".

Business

DOJ Warns 9 Communities - Including Milwaukee - to Follow Immigration Law

Escalating its attempts to get New York City and other metropolises to end their sanctuary city policies, the Justice Department sent identical letters to seven cities and the state of California demanding that they end their policies or lose federal funding.

Business

Apple to begin testing self-driving cars on public roads

A Lexus spokesman told The Post he had no "specific information" on why Apple chose its model, but added that its hybrid crossover SUVs "are a popular choice among companies looking to test future technologies". Apple is the 30th group to receive a permit in California, alongside carmakers Ford, Volkswagen and General Motors , suppliers including Delphi and Bosch and start-ups such as Zoox, Drive.ai and Plus.ai.

Business

We Already Knew Every Game, but Get Excited About the NFL Schedule

The 52nd Super Bowl will be held on February 4 at U.S. Bank Stadium in Minneapolis. Week 3: Sunday, Sept. 24 , at Washington ( Sunday Night Football ) 5:30 p.m., NBC Comment: The first of five primetime games starts in the nation's capital.

Business

United Airlines issues new policy after fiasco

The change of policy comes after passenger Dr David Dao lost two front teeth and suffered a broken nose when he was forcibly removed from a flight last Sunday. Delta Air Lines has increased the maximum possible payout to passengers to almost $10,000 if they voluntarily give up a seat on an overbooked flight, the company told AFP Monday.

Business

WA State Marchers: 'Science Does Not Have an Ideology'

One cut proposed by Trump targets the EPA and zeroes out an account dedicated to the cleanup of Puget Sound (which state funds also support). Co-organiser and public health researcher Caroline Weinberg said: "It's not about the current administration".

Business

Trump says 'massive tax cut' plan coming as soon as Wednesday

Trump said the plan would be unveiled "Wednesday or shortly thereafter" and would involve tax cuts that would be "bigger I believe than any tax cut ever". Trump will order an assessment of how the FSOC designates a financial institution as "systemically important", which triggers requirements to hold more capital in case it comes into crisis.

Business

Ontario sets tax on foreign buyers to cool Toronto housing market

The Ontario Liberals' new plan to help curb soaring home prices and curtail questionable rental practices, particularly in the Greater Toronto Area, was met with mixed reaction Thursday. Neither of Ontario's opposition parties objected to any of the government's proposed measures. "Today's announcement by the Wynne government will put thousands of units, and millions of dollars in provincial revenues at risk", he said.

Business

BP's leaking Alaska well stops spraying crude oil, still emitting gas

The spray of crude, along with "minor" oil leakage over the past few days, was fairly isolated and stopped leaking altogether Sunday, according to a statement from the Alaska Department of Environmental Conservation. The production of the North Slope rose to about 565,000 Barrels per day in the month of March, which was the highest since the year 2013's month of December.

Business

New Executive Order Addresses H-IB Visas

The executive order directs federal agencies to suggest changes to help ensure that the visas are awarded to the best-paid immigrant workers. "Many of the changes to the H-1B program contemplated by the administration would require legislative action or rulemaking and would take time to go through the necessary processes".

Business

Fox Will Investigate Bill O'Reilly Harassment Claims, Says Lawyer

Meanwhile, three black women from the Fox News payroll department have filed a racial discrimination lawsuit against the network, and former chairman Roger Ailes - who stepped down past year over his own harassment allegations - is being sued by his accusers.

Business

Oil Gains After Saudi Arabia Backs Deal to Extend Global Supply Cuts

Figures posted on Twitter by pricing group S&P Global Platts note official data from Russian Federation show March oil production at 10.3 million barrels per day, about 60,000 barrels per day less than the first two months of the year. However, while the agreement was triggered by a rational set of good intentions, it "just missed paving the road to hell" for OPEC as rival producers raised their output, Citi said.

Business

Oil prices dip on bloated U.S. market, mixed Saudi signals

Gasoline inventories rose by 1.5 million barrels, though distillates fell, EIA said. The unexpected news sent WTI futures reeling; as of 17:50 GMT they were off by 1.5% to $54.08 a barrel on the ICE. shale production over May have added another bearish element to the market", wrote analysts at JBC Energy, based in Vienna. After strong gains overnight, the price for Brent crude oil, the global benchmark, was down 0.1 percent to $52.88 per barrel.

Business

General election is on for June 8

Asked why she was refusing to take part in TV debates with other party leaders during the election campaign, Mrs May said: "I've been doing head-to-head debates with Jeremy Corbyn week in and week out since I became Prime Minister". She also said Britain was leaving the European Union and "there can be no turning back". "They are wrong", she said. "They want to unite together to divide our country and we will not let them do it." The next general election was expected in 2020, but the ...

Business

Volvo's First Electric Vehicle Will be Built in China

The decision to make its first electric auto in China also highlights the central role the country will play in Volvo's electrified future, Volvo said in the statement. Volvo was started in Sweden in 1927 and has gone through several owners, including Ford Motor Co. Analysts at UBS say the shift from combustion toward electric cars is a 100 billion euros ($107 billion) revenue opportunity for suppliers.

Business

What Are Snap Elections? What to Know Ahead of June 8

In fiery exchanges before voting, Mrs May reiterated that the decision would strengthen her hand against domestic critics seeking to "frustrate the process" of leaving the European Union, which formally began last month. Nearly a quarter of brokers (21%) also expected Jeremy Corbyn to face another Labour leadership challenge. Blair claimed that UK Prime Minister Theresa May had ruled out staying in the EU single market and she made a decision to call the snap election in order to gain ...

Business

General election 2017: MPs back plans for 8 June poll

Blair, who won three general elections as the former leader of Labour Party, said in statement on Wednesday that May wanted to force the final European Union deal upon the people regardless of how good or bad it might be and that she would seek to suppress any opposition through a landslide victory in the upcoming vote.

Business

BP says leaking Alaska well now under control

In 2010, a BP well became the site of the worst offshore oil spill in USA history. According to the Environment Protection Agency who made a statement on the current gas leakage on this remote locate in Deadhorse, Alaska, which says the petroleum giant BP who is conducting the drilling on this oil well found a crack on the wellhead.

Business

Government shutdown: What we know so far

Trump also hopes to use a $1 trillion catchall spending bill to salvage victories on his promised U.S. -Mexico border wall, a multibillion-dollar down payment on a Pentagon buildup, and perhaps a crackdown on cities that refuse to cooperate with immigration enforcement by federal authorities.

Business

Pence in Australia to make Trump phone blow-up 'ancient history'

US Vice President Mike Pence and his wife Karen wave as they arrive in Sydney on April 21, 2017. Australia has fought alongside the U.S.in every major conflict since World War I. The vice president added: "Indonesia's tradition of moderate Islam frankly is an inspiration to the world and we commend you and your people". The two leaders appeared at pains to present a united front following an unusual period of tension between the longtime allies that was sparked by a spat between Turnbull ...

Business

Protesters march before EPA boss visits IN lead cleanup site

The EPA workers union wants a separate meeting with Pruitt. "The EPA no longer is going to be an agency that tries to engage in power over water decisions at the state level", Pruitt said . Pruitt has said he does not believe that greenhouse gas emissions are the main driver of climate change. Pruitt did not address the report of the possible office closure or how drastic budget cuts would impact the EPA's operations.

Business

U.S. sees increased activity by Chinese bomber aircraft

None of the officials, who spoke on condition of anonymity, suggested alarm or signaled that they knew the precise reason for such Chinese activity. The U.N. It said that it had requested Security Council discussions on U.S. "The invincible revolutionary Paektusan army, closely following the maneuvers of the USA, is waiting for an order only after rounding off its full preparedness to counter them immediately", said the statement written in English.

Business

Trump says he plans tax reform announcement next Wednesday

The first executive order Trump signed enables Treasury Secretary Steven Mnuchin to begin the process of "tax simplification". Asked whether this was the administration's attempt to get rid of "too big to fail", Mnuchin said, "President Trump is absolutely committed to make sure that taxpayers are not at risk for government bailouts of entities that are too big to fail".

Business

WRAPUP 1-Steel, stimulus drive China's strongest economic growth since 2015

Chinese companies account for nine of the 10 best performers this year on the Bloomberg World Real Estate Index. The Chinese economy expanded 6.9 percent year-on-year in the March quarter of 2017, compared to a 6.8 percent growth in the fourth quarter 2016 and slightly above market consensus of a 6.8 percent growth.

Business

'Charging Bull' Artist Calls for Removal of 'Fearless Girl' Statue

However, since the "Fearless Girl" statue was installed facing his own piece, but in no way touches it or alters it directly, it doesn't look like Di Modica has as much ground to stand on as the " Fearless Girl " herself. By March 27, Mayor Bill De Blasio agreed that the "fearless girl" statue would remain on Department of Transportation property as a part of its art program through February 2018.

Business

What Would a Le Pen Victory in France Mean for Markets?

She wants to tighten French borders controls and build more jails, and says authorities are not doing enough to protect citizens from militant attacks, which have killed more than 230 people in France since January 2015. Barack Obama spoke to 39-year-old Macron on Thursday about the "important upcoming presidential election in France", a spokesman for the former USA president said.

Business

Russian Federation to reach record high oil output in 2017 amid cuts

Analysts said , however, that there are worries demand growth could falter, and other indicators were warning that the market had not yet cleared enough of its surplus to keep prices rising. 9 million bpd . The group is scheduled to gather in Vienna on 25 May. Last year OPEC and external producers including Russian Federation committed to eliminate about 1.8 million barrels of oil a day in a bid to rebalance the oil market and raise petroleum prices.

Business

Oil prices mixed after US production seen rising

John Saucer, vice president of research and analytics at Mobius Risk Group in Houston, said the market was not jittery, noting low volatility and weak oil prices, which he said doesn't "really signal a market that's too concerned about geopolitical hotspots".

Business

Fire crews rush to calls in San Francisco outage

BART trains are still running between the East Bay and San Francisco , but passengers can not get off at the Montgomery station because of the power outage. The announcement saying power was restored was posted just after 5 p.m. She said an investigation will be conducted to determine what caused the fire.

Business

EPA chief delays methane rule at behest of oil and gas firms

The situation is so severe that Indiana Gov. Eric Holcomb (R) declared a disaster emergency in February. After making his statement , Pruitt was asked if the agency planned to close its Region 5 office in Chicago, a short drive from East Chicago, as part of the Trump administration's plans to cut the EPA's budget by more than 30 percent; he walked away without answering the question, according to reports from the event.

Business

Trudeau defends supply management, wants 'fact' based trade talk with US

Members of Congress from Wisconsin and NY contend Canada is violating trade agreements, and they plan to raise the issue with President Donald Trump. Experts said it's too early to see how the termination of these contracts will affect prices for consumers, but the move could force family farms in Wisconsin out of business, meaning less dairy production over time.


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