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Qatar row: Over 200 Pakistani pilgrims stuck at Doha airport

Meanwhile its bulging $335bn (£260bn) sovereign wealth fund has been quietly extending its economic empire across the globe. Sheikh Tamim bin Hamad Al-Thani spoke by telephone overnight with his counterpart in Kuwait, which has maintained diplomatic ties with Qatar, and made a decision to postpone a speech to the Qatari people as requested.

Business

China joins with European Union in sticking to Paris climate pact

An EU official in Brussels said on Wednesday that the accord concluded in 2015 would stay in force and continue to be implemented even if the United States withdrew. Meanwhile, India - which set a target of increasing its renewable power capacity to 175 gigawatts by 2022 - has exceeded its targets for wind power this fiscal year and has made some strides in increasing its solar capacity, according to a study from the World Resources Institute.

Business

Legal experts to Trump on travel ban: Twitter hurting cause

But "extreme vetting" is what's now in place, says Trump in yet another Monday tweet, saying the courts are slow and political . In his early morning Twitter messages on Monday, Trump potentially hurt his administration's legal case as it seeks to have the Supreme Court overturn lower courts' rulings and allow the travel ban to go into effect.

Business

Contractor charged with leaking NSA info on Russian hacking

A woman was arrested for leaking a top-secret National Security Agency document that reveals details about Russian hacking's influence on the USA presidential election , a senior federal official told NBC News . "The actors likely used data obtained from that operation to ... launch a voter registration-themed spear-phishing campaign targeting United States local government organizations".

Business

Apple iOS 11 adds 'Do Not Disturb While Driving' feature

The release of the final version is slated for autumn alongside the new iPhone 7S and iPhone 8 smartphones. On-device learning will be more proactive and offer suggestions based upon your usage of Messages, Safari, News and Mail. Also there will a separate slot for in-app purchases. Further, Apple says, "iOS 11 lays ground work for the future, in that it "opens up to wonderful possibilities for augmented reality in games and apps".

Business

San Francisco investigating whether Uber, Lyft are public nuisances

The city attorney is seeking four years of records. Having shared them under protest in the past, Uber now maintains that doing so is an invasion of driver privacy. "We're more than happy to work with the city to address congestion, but it should be a comprehensive solution including construction, the city's population increase, and the rise of online delivery services", said Uber spokeswoman Eva Behrend.

Business

Arab powers sever Qatar ties, citing support for militants

The move followed severing of all land, air and sea links with Qatar and vice versa. The dispute among some of the world's richest countries broke out days after Trump's visit to Saudi Arabia and it wasn't clear if the USA was alerted to the move in advance.

Business

Our Bold Oil Price Prediction After the May OPEC Meeting

Global oil prices extended declines overnight as investors reacted to OPEC's decision yesterday in Vienna to extend an agreement among members and some non-member countries, including Russian Federation, that removes 1.8 million barrels of oil from the market each day for a further 9 months.

Business

Malta elections: Labour Party declares victory

A former academic, Busuttil may now face a challenge for the leadership of his party with the preliminary count suggesting Muscat's was almost as commanding as it was when he swept to power in 2013 . Elections weren't scheduled until 2018, but Muscat, 43, called the snap election last month as political pressure grew on his family and associates.

Business

Taleveras, two others win oil blocs in Equatorial Guinea

The Zafiro field, operated by ExxonMobil, is Equatorial Guinea's largest oil producer. The production-sharing contract with Exxon is for a block next to the Zafiro field, operated by the USA oil supermajor. Equatorial Guinea's Minister of Mines and Hydrocarbons, Gabriel Obiag-Lima made the announcement at the African Oil and Gas Conference in Cape Town, South Africa, yesterday.

Business

Apple Introduces HomePod Smart Speaker

These giants are battling over still-emerging fields that are expected to turn into technological gold mines, much the way personal computers and smartphones became moneymaking machines in previous decades. For that reason, Apple made the point that the price of both of these items would normally be more expensive than the HomePod price. Externally, the Siri-enabled smart speakers would be best described as a Mac Pro with a mesh.

Business

Trump admin proposes seismic surveys for Atlantic drilling

The current White House needs Marine Mammal Protection Act permits from a specialized branch of the Commerce Department to allow five companies to use the technique. Previous testing, completed about 30 years ago, showed the Atlantic OCS could hold as much as 4.7 billion barrels of oil and 37 trillion cubic feet of natural gas, but some experts believe the reserves could be far greater.

Business

Continuing the climate battle, without the US

He know "the United States has to be responsible for it and that's what we're going to do", said Nikki Haley. "He knows that the USA has to be responsible with it, and that's what we're going to do". The president provoked widespread condemnation when he announced the U.S. would withdraw from the Paris climate change agreement. But nothing in the Paris accord stops the US from building coal plants to keep up with China or India.

Business

New search underway near home of London attackers

The identity of the last attacker in Saturday's attack that left seven dead and dozens wounded came as a new search was underway in a neighborhood in east London near the home of two of the London Bridge attackers. Butt was 27 and a British citizen born in Pakistan. An intelligence official with direct knowledge of the situation said the man is an influential businessman in the Jhelum district of Punjab province.

Business

Zuma's ANC dumps our economy into recession - Mmusi Maimane

Statistics South Africa (StatsSA) announced that South Africa's economy is officially in recession , with GDP growth for Quarter 1 of 2017 down 0.7%, which follows a 0.3% contraction in Quarter 4 of 2016. Africa's third-largest economy is under pressure after President Jacob Zuma fired its respected finance minister, Pravin Gordhan, earlier this year.

Business

Apple Introduces New iPad Pro, Updates iMacs and Teases iMac Pro

As with the iMac range, MacBooks now run on faster Kaby Lake processors with up to 50 per cent faster SSD. As had been previously rumored, last year's MacBook Pros are getting Intel's Kaby Lake processors , as is Apple's 12-inch MacBook, which is also getting faster SSDs.

Business

Apple iPad Pro 10.5 is available next week

The toxic relationship had been evident in 2015, when Amazon stopped selling Apple TVs on its store because of its lack of any Prime Video app and access to Amazon's content. During Apple's WWDC keynote earlier today, company executives officially took the wraps off of iOS 11. To enable the option, press down on the globe keyboard button and either move the keyboard to the left or the right of the device.

Business

Moody's downgrades China's credit rating from Aa3 to A1

Chinese economic growth has slowed significantly over the past years, from double digit GDP growth of 10.6% in 2010 to 6.7% in 2016 - the weakest level growth since 1990. Jason Hollands: How chicken should you be about China in the Year of the Rooster? Chinese policymakers have been making efforts to clean up lending practices, which have been viewed as a threat to financial stability.

Business

Crude Tumbles More Than 1% To Settle Below $48

Production then dropped 1 million barrels per day over 18 months as oil prices fell from above 100 to below 40 Dollars. "The market wants to see it before it believes it", said Mike Wittner, head of commodities research at Societe Generale SA in NY.

Business

South Africa's Datatec lifted by sale of Americas business to Synnex

Synnex of the USA will take over the operations and buy a 10% stake in the rest of the Westcon-Comstor division for $30m, Johannesburg-based Datatec said in a statement on Tuesday. "Westcon-Comstor North America will benefit substantially from being part of a bigger businesses with a much larger addressable market - and so will our shareholders [with] our stake in Synnex", Montanana said in a statement.

Business

Britain's opposition leader calls on May to quit over police cuts

British police are generally unarmed; firearms are only carried by specialist officers. The Labour leader accused Mrs May of trying to "protect the public on the cheap" by cutting officers, despite a Police Federation warning over public safety .

Business

Champions Trophy: Kiwis opt to bat first against Aussies

Now Australia has to win both final pool games, against Bangladesh at the Oval on Monday then England back at Edgbaston next Saturday, to guarantee progression to the knockout phase of the tournament and avoid an ugly early exit. Adam Milne was on a rampage before rain stopped play as he took 2 wickets for 9 removing Henriques and Finch. "The last probably 10, 15 overs was pretty good, and that's something that I guess we have done pretty well for a very long time ".

Business

Family of Oregon stabbing suspect offers condolences

Christian is a 3-time convicted felon with a criminal history dating back to 1996 . "Just remember that, you know, they got hurt, too", he said. "Two precious lives were lost this Memorial Day weekend in Portland and one more, almost so".

Business

British Airways latest: Flight delays enter third day after IT meltdown

British Airways said it was hoping to operate a near-normal schedule of flights from Gatwick, London's other major airport, and the majority of its Heathrow services. Of those passengers who did manage to get away on the few BA flights that left London , many reported arriving at their destinations minus their luggage.

Business

Next Weeks Broker Price Targets For El Paso Electric Company (NYSE:EE)

The company's stock had a trading volume of 1,054,449 shares. American Electric Power Company Inc (AEP) traded up 0.13% during trading on Thursday, hitting $71.87. American Electric Power Company Inc (NYSE:AEP) opened at 72.67 on Monday. Looking ahead to earnings forecasts, for the running fiscal period, Wall Street analysts have anticipated that the company will report 0.88 earnings per share.

Business

Analysts at Raymond James Give Atwood Oceanics (NYSE:ATW) an Upgrade

The firm is expected to issue its next earnings results on Monday, August 7th. For the past 5 years, the stock's EPS growth has been almost 36.20%. For the next year, analysts anticipate that the firm will report earnings of ($3.07) per share, with EPS estimates ranging from ($4.00) to ($1.90).

Business

ABC News 'Pink Slime' Trial Underway in South Dakota

National Public Radio said the trial, which is happening in state court in South Dakota, could have a bearing on how the media cover such investigative stories. A Pulitzer Prize-winning story by The New York Times in 2009 used numerous same terms, including "pink slime", BPI has objected to in ABC's reports, Butswinkas said.

Business

Apple Unveils HomePod Smart Speaker

It will be available in both white and space gray. But where smartwatches have leveled off, smart speakers powered by AI assistants have become more popular. It has "spatial awareness" to detect where it's located a room and adjust the sound accordingly. Mac models were also boosted to work with virtual reality gear, a move by Apple into technology that Facebook has embraced with its Oculus unit.

Business

London Bridge terror attack killers named by police

Police on Monday named two of the three men behind the London terror attack, saying one was known to security services but that there had been no intelligence about an attack. But the investigation into Butt was "prioritised in the lower echelons of our investigative work", Britain's top counter-terrorism officer Mark Rowley said.

Business

Hot Performer of the day: California Resources Corporation (CRC)

The average 1-year price target for California Resources Corporation (NYSE: CRC ) - averaging the work of different analysts - reveals a mean PT of $12.93/share. 6/2/2017-Goldman Sachs Group Inc was Downgraded by analysts at Goldman Sachs Group Inc from a "Conviction-Buy " rating to a " Buy" rating. Shares of Antero Resources Corporation (NYSE:AR) observed rebound of -2.24% since bottoming out at $19.66 on Jun.

Business

Skechers USA (NYSE:SKX) Gets an Upgrade to a Neutral Rating

US Bancorp DE raised its position in shares of Skechers USA by 94.9% in the first quarter. About 1.44M shares traded. Light Street Capital Management Llc holds 2.9% of its portfolio in Proofpoint Inc for 300,000 shares. SKX has been the topic of a number of research reports. The stock of Skechers USA Inc (NYSE:SKX) earned "Neutral" rating by Citigroup on Friday, October 21.

Business

Dakota Access Pipeline Starts Shipping Oil

BISMARCK, N.D. (AP) — The $3.8 billion Dakota Access pipeline is officially in service. Dallas-based Energy Transfer Partners announced that the 1,200-mile line carrying North Dakota oil through South Dakota and Iowa to a distribution point in IL had begun commercial service.

Business

White House aide says Russia probe 'detracts' from agenda

But White House spokeswoman Sarah Huckabee Sanders said that "in order to facilitate a swift and thorough examination of facts", Trump would not try to halt the Comey testimony. White House advisers previously stated that Trump was considering his legal options involving Comey's testimony. The White House has denied the president made that request.

Business

Opening statements expected in trial of Minnesota officer

Reynolds was in the auto at the time of the shooting and broadcast the aftermath live on Facebook . Prosecutors say Yanez , who is Latino, shot Castile during a traffic stop in a St. The courtroom watched as Yanez walked up to Castile's auto and explain he had pulled him over due to a broken taillight. And during its opening statements, the prosecution played the dashcam video from Jeronimo Yanez's squad auto.

Business

Trump pushes for privatizing US air traffic control

The Trump administration unveiled the opening chapter of its much-anticipated infrastructure package with a plan to spin off the nation's air traffic control operations from the Federal Aviation Administration . Trump plans to travel to Cincinnati on Wednesday to lay out his $1 trillion plan of new infrastructure investments. "We're wasting billions of dollars at the FAA and Congress is a part of the problem", said U.S.


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