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Oil down as market stays well supplied despite OPEC cuts

During the same period, crude oil prices (USO) (USL) (UCO) (BNO) fell. Brent crude fell $1.10 a barrel to a low of $51.11 but recovered most its losses to trade around $52.00, down 21 cents, by 1415 GMT. Shipping data in Thomson Reuters Eikon shows that USA crude exports to Asia have soared from a handful of tankers a quarter throughout 2015 and 2016 to 10 tankers in the first quarter of 2017 and that figure is expected to rise.

Business

U.S. in 'cat and mouse game' with Julian Assange

Britain and the U.S. have an extradition treaty , so if Assange leaves the Ecuadorian Embassy where he's claimed asylum, the British could arrest him and send him to the US. But the silver-haired activist said his legal fight wasn't over and it was "extremely regretful" he was still being threatened with arrest if he leaves the embassy.

Business

Shares, dollar lick wounds as Trump rout eases

President Donald Trump's campaign and Moscow. The US dollar moved broadly lower after a report that a senior White House adviser is a person of interest in the investigation into possible coordination between the Trump campaign and Russian Federation.

Business

OPD kicking off Special Olympics Torch Run

At its most basic level, the Torch Run is a running event where officers and athletes run the Special Olympics "Flame of Hope" to the opening ceremonies of competitions being held in Arlington, TX this year. "It's only our fourth year, but it's the 15th year that Dunkin' Donuts has partnered with police officers across the Midwest", Leipold said. Well, Friday, at Dunkin' Donuts around town, like the one in the Northland near 95th and Oak, it's no laughing matter...but it is a lot of fun! ...

Business

MLB, union to discuss ways to speed up game

Major League Baseball and Facebook have agreed on a deal that will see 20 games streamed live via the platform starting Friday, highlighting the increasing willingness of USA sports to embrace social media. The group will assist the commissioner in on-field matters, things like pace of play and other ideas to potentially enhance the game. One show Facebook has greenlit is a virtual-reality dating show from Conde Nast Entertainment in which people go on first dates in VR before they meet in ...

Business

Marshalls plc (MSLH) Receives "Buy" Rating from Shore Capital

The stock has "Buy" rating by Citigroup on Wednesday, August 12. Among 8 analysts covering Grainger ( LON:GRI ), 4 have Buy rating, 0 Sell and 4 Hold. It has a 14.47 P/E ratio. About 51,478 shares traded. 3i Group plc (LON:III) has risen 6.00% since April 19, 2017 and is uptrending. Investors sentiment decreased to 0.83 in Q4 2016.

Business

USA stock futures, dollar fall on rising concerns on Trump

The U.S. dollar slumped to levels last seen in the immediate aftermath of Trump's surprise victory in November, trading as low as 97.29 against a basket of its global peers as investors reacted to a report from the Washington Post that the President had asked his former FBI Director James Comey to drop and investigation into Michael Flynn, his former National Security Advisor, relating to alleged ties with Russian Federation.

Business

Ricketts: Nebraska will benefit from exporting beef to China

It has many South Dakota beef producers hopeful that the new market will mean better profits in the current down farm economy. -China Economic Cooperation 100-Day Plan, U.S. The U.S. will published a proposed rule no later than July 16. "I look forward to the day when we can serve President Trump and President Xi a dry-aged American-made NY strip in Beijing ", he added.

Business

Russians 'bragged they could use Flynn to influence Trump'

The network cited unnamed sources who said that the Russians saw Flynn as an ally. Concerns that Flynn was compromised were so strong that US intelligence officials went out of their way to hide information from him. A White House official said: "We are confident that when these inquiries are complete there will be no evidence to support any collusion between the campaign and Russian Federation".

Business

Rouhani takes lead in Iran presidential election

Authorities say the number of eligible voters stands at above 56,400,000, more than 1,350,000 of whom are allowed to vote for the first time. Rouhani secured a deal with the USA and other world powers in 2015 to end painful economic sanctions in exchange for rolling back Iran's nuclear fuel programme.

Business

President Trump and Saudi King Salman Meet in Riyadh

However, the White House at the time said she meant to make a statement in a country where women have been discriminated against and have few rights. And during her time as first lady, Laura Bush generally went without covering her head, though she once briefly donned a head scarf she received as a gift.

Business

Rouhani leads Iran presidential race-interior ministry official

TRT World's Middle East reporter Abubakr al Shamahi is in Tehran and takes a look at how Iranians cast their vote. More than a third of Iran's 80 million population is under age 30 and yearns for reform. State television issued an official report saying people waiting in line were allowed to vote until midnight local time. The strong margin for Rouhani will, if it holds, be enough to give him an outright victory and avoid a two-person runoff next Friday.

Business

Former Clinton Aide Releases Lighthearted Debate Prep Footage

Though they avoided awkwardness that time , the candidates' physical interactions came to the fore in an October debate where Trump was seen stalking behind Clinton during some of her answers. Her debate prep partner opens his arms to her, but the former Secretary of State grabs his hand and attempts to run away before he grabs her.

Business

Watch Hillary Clinton practise avoid hugging Donald Trump

Months later, all we can do is follow Clinton's example-if Donald Trump ever approaches you with open arms, first laugh in his face, then run. In an interview conducted via email on Friday, Reines said Clinton strategists didn't necessarily think Trump would try to hug Clinton, per se, but might attempt to differentiate himself from Clinton visually.

Business

Regions Financial Corp (RF) Downgraded to "Hold" at Rafferty Capital Markets

Its deposits include checking (non-interest and interest-bearing demand deposits), money market deposit accounts, savings accounts and time deposits. The Company's mortgage banking segment provides mortgage loan origination and servicing offered through Crescent Mortgage Company (Crescent Mortgage).

Business

Oil jumps 2 percent; more investors expect output cut extension

United States crude oil was 16 U.S. cents lower at US$48.91. Supply cuts of 1.8 million barrels per day (bpd) were initially agreed to run during the first half of 2017. Much of the inventory build-up came as traders started using storage to make easy money on the widening spread between rock-bottom spot oil prices and substantially higher prices for contracts to deliver the oil in future months.

Business

Wal-Mart's online sales surge, tops 1Q expectations

Zacks Investment Research lowered Wal-Mart Stores from a "buy" rating to a "hold" rating in a research note on Thursday, May 11th. Four equities research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and fourteen have given a buy rating to the stock.

Business

Residents take stock after night of tornadoes in central US

A mobile home is a particularly unsafe place to be during a tornado, according to the National Weather Service . "I thank the Wisconsin National Guard, Wisconsin Emergency Management, and all state agencies for their coordinated response to this emergency".

Business

Facebook Fined $122 Million For Misleading EU About WhatsApp Data

Facebook said the announcement of the fine "brings this matter to a close". The Commission has found that, contrary to Facebook's statements in the 2014 merger review process, the technical possibility of automatically matching Facebook and WhatsApp users' identities already existed in 2014, and that Facebook staff were aware of such a possibility.

Business

Deadline for Voting in Iran's City, Village Councils Elections Extended

But the election comes at a tense moment in relations with the United States, with President Donald Trump still threatening to abandon the accord and visiting Iran's bitter regional rival Saudi Arabia this weekend. The 56-year-old cleric said Rowhani's long-praised nuclear deal with six world powers - which set up worldwide controls over Iran's nuclear programme in return for the end of 10 years of economic sanctions - had brought nothing for Iran.

Business

Mourinho to give Dearnley, Gomes, Harrop, Mitchell and Willock their United debuts

Supporters will understand the hard job they have because it will not be easy for them'. "When I got back from Spain, [Alex Ferguson] Fergie invited me to a game", Allardyce added. "I think if a team goes to the Champions League and then doesn't qualify, should go home, shouldn't have the opportunity to go and play Europa League".

Business

Britons see first drop in real wages since 2014

Andrew Tully, pensions technical director at Retirement Advantage, says: 'We are all feeling the pain from rising prices and stagnant wages, but this latest inflation increase really will be a hammer blow to households across the country. Overall, fuel prices fell by 1.5% between March and April, whereas in the same period a year ago they rose by 3.4%. Royal Bank of Scotland chief economist Stephen Boyle said: "Rising inflation is the major economic story of 2017".

Business

House oversight panel chairman Chaffetz to depart Congress June 30

Chaffetz made no official plans for his future, but he has not ruled out running for governor of Utah in 2020. His campaign registered the Web domains JasonChaffetz2028.com and Jason2028.com in early April. Department of Justice if documents exist to verify allegations of Trump's tampering with the FBI review of his campaign's ties to Russian Federation.

Business

American Airlines passenger detained after in-flight disturbance

Los Angeles International Airport Police Division responded to a radio call of a passenger going through a door from the Terminal 5 concourse that led out onto the airfield ramp, according to a statement from LAX. Lorenzen says other passengers grabbed the man. They took him to the back of the plane and duct-taped him to his seat. The suspect who approached the cockpit breached security protocol boarding the flight at Los Angeles International Airport, Hawaii News Now reported.

Business

Firing 'nut job' Comey eased pressure, Trump told Russians

Trump also said Comey assured him on three occasions that he was not personally under investigation, including at a January dinner in which Trump reportedly asked Comey to pledge his loyalty to him. Comey's expected testimony also comes after Attorney General Rod Rosenstein announced the selection of former FBI Director Robert Mueller as special counsel overseeing the FBI's Russian Federation investigation.

Business

China, Asean agree on framework for S China Sea code of conduct

It stated that both sides "reiterated their commitment to cooperate and find ways forward to strengthen mutual trust and confidence". For China, the code of conduct is a means to achieving its goal of keeping the USA and its allies from intervening in the matter in the name of freedom of navigation or maintaining regional stability, said Huang Jing, an expert on the region at National University of Singapore's Lee Kuan Yew School of Public Policy.

Business

Trump's Saudi speech to urge unity against radical Islam

Walking with a cane, the king greeted Trump on the tarmac. Trump is also scheduled to meet with leaders of the six-nation Gulf Cooperation Council and have lunch with leaders of more than 50 Muslim countries. Trump dodged one potential land mine when Sudanese President Omar al-Bashir, who has been indicted on war crime and genocide charges, announced that he would not attend the summit for personal reasons.

Business

OPEC sees more oil supply outside the group, countering its cuts

US oil production has risen more than 10 percent since mid-2016 to 9.3 million bpd, the highest since August 2015 and close to the levels of top producers Russian Federation and Saudi Arabia. "Conservative estimates predict that we will need to offset 20 million barrels per day in combined demand growth and natural decline over the next five years", Falih said .

Business

Trump said firing 'nut job' Comey relieved 'great pressure'

Though James Comey, the FBI director that Trump fired last week, confirmed the existence of an investigation into Trump's campaign in March, the Justice Department declined to comment. The investigation into potential ties between Russian Federation and President Donald Trump's 2016 campaign is now looking into a possible cover-up, according to McClatchy .

Business

The Case for and Against QUALCOMM Incorporated (QCOM)

The fund owned 34,542 shares of the wireless technology company's stock after buying an additional 71 shares during the period. Mitchell Mcleod Pugh & Williams Inc.'s holdings in QUALCOMM were worth $433,000 at the end of the most recent reporting period.

Business

Mom of boy who killed himself vows he 'will be heard'

The email from the homicide detective, which was shared with The Associated Press, describes what he saw in the surveillance video. WLWT investigator Todd Dykes talked to Gabe's mother, Cornelia Reynolds, after the death of her only child.

Business

HUDCO makes strong debut on bourses; shares end 21% higher

On BSE, HUDCO shares opened at Rs.73.45, before touching a high of Rs.77.80. It soared 21.66 per cent to list at Rs 73 on the NSE. Equity shares of Housing and Urban Development Corporation ( Hudco ) had a good debut on the bourses with shares of the company listing at a 22% to its issue price.

Business

Body dumped in ditch during theft of hearse

Police said that around 7 a.m., a passerby saw a gurney with a body on the 6000 block of Dick Elliott Rd. The thief has not been identified. The suburban had been modified to transport bodies to funeral homes, and was in the process of delivering a body when it was left unattended by the driver.

Business

Oil prices rise as Saudi and Russia agree to prolong output curbs

The Organisation of the Petroleum Exporting Countries ( Opec ), of which Saudi Arabia is the de facto leader, and other producers, led by Russian Federation, pledged late last year to cut output by 1.8 million barrels per day (bpd) during the first half of this year.

Business

Crude posts further gain in Asia after suprise USA stocks draw

But prices, however, slumped in recent weeks due to rising US production, which undermined the OPEC-led efforts to reduce a global crude glut. The EIA said it expects domestic crude production to rise by more than expected in 2017 to 9.31 million bbl/d from 8.87 million bbl/d in 2016, a 440,000 bbl/d increase.


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