Finance

Venezuela says OPEC's task is stabilise oil market and force inventory-draw

OPEC's cuts have helped to push oil back above $50 a barrel this year, giving a fiscal boost to producers, many of which rely heavily on energy revenues and hav...


OPEC aims to extend supply curbs as oil glut persists

Iran's oil minister Bijan Zanganeh indicated on Wednesday that not all members are on board with the Saudi-Russia proposal to extend the cut for nine months a...


Can Noble Energy Shares Rise Over 50%?

The Wall Street forecast had projected $-0.10 per share, and the company reported EPS of $0.26 - also a -370.27% negative surprise. This represents the Zacks ...


China's reforms not enough to arrest mounting debt: Moody's

It was the first time Moody's has cut ratings for either place since November 1989, when China's economy was reeling following the bloody crackdown on democra...


S&P 500 notches record close amid Fed minutes

Oil prices briefly pushed higher after USA government data showed commercial crude inventories fell by 4.4 million barrels in the week ending May 19. Following...


Analyst Price Targets On Carpetright (LON:CPR)

The stock of Group 1 Automotive, Inc. Also, insider Gary Kennedy acquired 10,000 shares of the company's stock in a transaction that occurred on Friday, April 2...


Google out to tie Web ads to sales

Just last week , Google unveiled new ways that machine learning can help people identify flowers or pull up restaurant reviews just by pointing a camera. In ad...


Oil remains weak after OPEC-led output cut extension falls below expectations

The day's volumes of 1.1 million contracts of WTI were the highest since the November 30 session, when OPEC first announced cuts. A nine-month extension perio...


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

Moody's said China's financial strength was likely to erode as growth slows and debt rises further. Third, Moody's conclusion that rises in commercial bank lo...


Oil languishes after OPEC fails to deepen supply cuts, Asia stocks retreat

Overnight, crude futures settled below $50, tumbling almost 5%, after the Organization of Petroleum Exporting Countries ( OPEC ) and its allies' decision to e...


IOC says OPEC output cut won't hit imports

The Organization of the Petroleum Exporting Countries ( Opec ) is meeting in Vienna to discuss the plans for the cuts, with the length of an extension still a...


U.S. appeals court upholds block on Trump travel ban

Watson criticized what he called the "illogic" of the government's arguments and cited "significant and unrebutted evidence of religious animus" behind the tra...


Paul Ryan Scolds GOP Congressional Candidate for Body-Slamming Reporter

House Speaker Paul Ryan is calling for the Republican candidate in Montana's special House election to apologize after allegedly attacking a reporter an...


Manchester bomber said to have told mom "forgive me" before attack

She said Britain wanted to control the flow of information to "keep the element of surprise" as security forces launched raids and made arrests in the wake of...


UK interior minister "confident" Manchester attack leaks will end - BBC reporter

The new explosive discoveries came as British Prime Minister Theresa May said she would appeal to North Atlantic Treaty Organisation leaders to combat terro...


Authorities arrest 3 men in connection to Manchester deadly bombing

Ms Rudd said the leaking of information had been "irritating" after a number of details appeared in the United States media, including NBC and CBS, before the...


Texas Claims Victory As OPEC Forced To Roll Over Oil Production Cuts

According to Reuters' report, Icaza Romero told reporters that "Six and nine months are both proposals on the table". James Woods, analyst at Australia's Riv...


Trump's budget director defends plans to cut social programs

It foresees an overhaul of the tax code, a boon to the wealthiest Americans. Job training for unemployed coal miners would be threatened and drug treatment pr...


Kachikwu: Nigeria open to joining OPEC production cut - but not right now

The price rise this year has spurred growth in the USA shale industry, which is not participating in the output deal. Parties to a measure coordinated by the ...


GOP leaders praise Trump's balanced budget plan

Meanwhile, it calls for cutting over $800 billion from Medicaid , the federal health program for the poor , over the next decade. The eliminated programs amou...


The 15 heartless proposals in Trump's budget

Medicaid: The health care programme for the poor suffers a US$610-billion cut over 10 years. Budget Director Mick Mulvaney appears Wednesday before the Hou...


China's credit rating downgraded for first time since 1989

Moody's Investors Service yesterday downgraded China's credit ratings yesterday for the first time in almost 30 years, citing concerns about the country's ris...


Greek ex-premier Papademos wounded in Athens bomb blast

Police say his injuries aren't life-threatening. According to Reuters, Athens police said that the explosion came from a letter in the former Greek leader...


Oil reverses some losses as investors get ready for OPEC meeting

But the hoped-for benefits could be short-lived. USA light crude was 20 cents lower at $51.16. Prices have risen on a consensus that a pledge by the Organiza...


Champions Trophy more competitive than WC: Kohli

Kumar, a former Delhi Police Commissioner, was the head of security when the ICC World T20 Championship was hosted by India a year ago. "We did that and it is...


President Trump's proposed budget would have significant effects in Shelby County

The eliminated programs amount to almost $27 billion. The food stamp program, which helps low-income and disabled people buy groceries, would be reduced by $2...


Notable Stock Analysts Ratings Chico's FAS Inc. (CHS)

The fund owned 16,200 shares of the specialty retailer's stock after buying an additional 4,200 shares during the period. TheStreet raised shares of Chico's FAS...


Opko Health, Inc. (OPK) technical charts are presenting a bleak picture

The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink . The shares were bought at an average price of $6.43 ...


Cavaliers Aim To Closeout Series In Boston

In spite of a combination of defensive looks between Avery Bradley and Marcus Smart , Boston had no answer for one of the NBA's most gifted scorers at the ...


OPEC and non-OPEC nations extend crude output cuts

OPEC member countries meet today in Vienna , Austria to consider whether to prolong the deal reached in December in which OPEC and 11 non-members, including...


UN Security Council vows new sanctions on North Korea

Both Coats and Stewart stressed that Pyongyang further perfects its missile technology with each test. On Monday, KCNA said the latest test follows the succ...


South Korea fired 450 rounds at flock of birds, says North

The Trump administration has been aggressively pressing China to rein in North Korea , warning that all options are on the table if Pyongyang persists with...


Peel Hunt Reaffirms Buy Rating for Huntsworth plc (HNT)

The stock decreased 0.14% or $0.02 on May 24, reaching $14.04. About 12,564 shares traded. It has underperformed by 23.98% the S&P500. Prelude Cap Mgmt Ltd re...


Futures up as Fed minutes show economic growth to pick up

While stocks are moving higher, the gains continue to get smaller as investors hesitated to blow past the market's previous records. The minutes of this month...


Whitbread plc (WTB) Receives Equal weight Rating from Barclays PLC

The company now has an average rating of "Buy" and an average price target of GBX 141.50 ($1.84). The firm has "Neutral" rating given on Thursday, February 2 by...


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