Economy

Benchmark Brent crude futures LCOc1 slid 24 cents, or 0.4 percent, to $55.62 a barrel in early Asian trade. If Wednesday's price rises hold, they would mark the seventh straight daily increase. An Global agency, Fitch Ratings, said Nigeria needs crude oil price of $139 per barrel to achieve balanced budget in 2017. "It does appear that there is bit of focus on the data that came alongside inventory numbers which showed further increase in USA production".
  • Parliament clears way for general election on June 8

    Parliament clears way for general election on June 8

    Economy

    Including the pledges in the manifesto would make it extremely hard for Remain-backing Tory MPs to rebel on the issues in House of Commons votes if the party wins the snap election on June 8 and as exit talks go on. But there was deep division over the issues which should decide the election's outcome, with Mrs May casting the poll as an opportunity to secure "strong and stable leadership" for Britain as it forges a new position outside the European Union, while Mr Corbyn said voters should ...
  • Tom Wilson plays hero for Capitals in Game 4 win over Leafs

    Economy

    The Washington Capitals made a bit of a bold decision, switching Wilson and Brett Connolly in the lineup. There are some fabulous heroes, and not always the ones you think are going to be there. "There's one of the reasons you love Justin Williams ", Trotz said. "A great job by our killers, desperation, obviously, a good job by Holtby". And while Wilson has mostly been a fourth-liner, Trotz has not hesitated to move him up in the past - as he did again for Game 4 , promoting Wilson to ...
  • Park Hotels & Resorts Inc (PK) Announces Quarterly Dividend of $0.43

    Economy

    During its last trading session, Stock traded with the total exchanged volume of 5.57 million shares. Goldman Sachs Group Inc began coverage on shares of Park Hotels & Resorts in a research note on Thursday, January 5th. The legal version of this piece of content can be read at [[permalink]]. Another trade for 31,147 shares valued at $561,064 was made by TYRRELL NATHAN S on Tuesday, February 28.
  • BP says leaking Alaska well now under control

    Economy

    No volume estimate for crude spray released is available at this time. The upper leak was the one leaking crude oil and hazardous natural gas, but a safety valve activated and shut that leak off. A leak of natural gas from an Alaska North Slope oil well was plugged by pumping salt water down the well. The spray of crude onto the pad of the well, which occurred when the well in the bay area of Greater Prudhoe was leaking gas, stopped by afternoon on Sunday.
  • Passenger removal prompts United Airlines China visit

    Economy

    No one will be fired at United Airlines over the dragging of a man off a plane. United Airlines' reputation is circling the drain after the forcible removal of a passenger from one of its flights went viral and made global headlines last week.
  • Kluber throws 3-hitter, Indians beat White Sox 3-0

    Kluber throws 3-hitter, Indians beat White Sox 3-0

    Economy

    Only one Chicago runner reached second base, and Kluber struck out nine, walked two and threw 110 pitches. It was his third shutout in the last two seasons and the fourth of his career. Quintana threw 106 pitches, 60 (56 percent) for strikes. Since 2014, Brantley has stolen 41 bases in 44 attempts. Lonnie Chisenhall, who pinch hit for Guyer in the seventh, replaced him in right field in the bottom of the inning.
  • Oil prices fall on expected climb in United States production

    Economy

    The latest USA government drilling data showed shale production in May was set to rise to 5.19 million barrels per day (bpd), with output from the Permian play, the largest US shale region, expected to reach a record 2.36 million bpd. The report by the American Petroleum Institute also showed that stockpiles of gasoline actually went up by about 1.37 million barrels. Oil prices regained some ground on Thursday after steep losses the previous day, with a slight drop in USA crude ...
  • French police detain family members of Paris attacker

    Economy

    Police identified the accused gunman , who was shot dead on Paris' famed Avenue des Champs-Élysées Thursday, as Karim Cheurfi - a 39-year-old French citizen who lived on the outskirts of the city. Thursday's attack happened around 9 p.m. Paris time when authorities say the gunman in a vehicle pulled up alongside a parked law enforcement van on the city's most well-know stretch and opened fire.