Economy

President Donald Trump had asked FBI director James Comey to end the investigation into his first National Security Adviser Michael Flynn's Russian connections, according to notes Comey kept of the conversation that he had shown to some associates, multiple USA news media outlets reported on Wednesday.
  • Bennett family 'not giving up hope' over finding Keith's body

    Economy

    But in July 2009 - when police announced they had exhausted all avenues with the search - Detective Superintendent Steve Heywood dismissed theories that Brady would not know the location of Keith's body because of the passage of time, or fears that the moorland peat would have shifted over the decades and moved its location.
  • CBI raids Chidambaram and son Karti's Chennai residences

    CBI raids Chidambaram and son Karti's Chennai residences

    Economy

    Karti said, "This case has been initiated due to political reasons". There were allegations that this happened during the tenure of Chidambaram as Finance Minister and his son's involvement in foreign exchange violations. It is then that INX Media approached Karti, promoter director of Chess Management Service (P) Ltd, to "amicably" resolve the issue by "influencing the public servants of the FIPB unit of Ministry of Finance by virtue of his relationship with the then Finance Minister, P ...
  • Kuwait adds to growing consensus on OPEC oil output deal extension

    Economy

    At the same time, Brent crude oil futures were up 0.41% at US$52.03 per barrel while the West Texas Intermediate grew 0.41% to US$49.05 per barrel. In early December 2016, OPEC countries and eleven non-OPEC nations agreed to slash the total oil production by 1.8 mln barrels per day in the first half of this year in order to cut global oil stocks to the latest five-year average.
  • IMF Head Discusses Global Economic Challenges With Chinese Leadership

    IMF Head Discusses Global Economic Challenges With Chinese Leadership

    Economy

    India boycotted the Belt and Road Forum (BRF) held from May 14-15. "In these times, when the temptation is great to respond to the crisis of globalisation by increasing isolation, and by raising walls, this initiative highlights a vision of connectivity, cooperation and dialogue across Europe and Asia but also other parts of the world", Greek Prime Minister Alexis Tsipras said.
  • U.S. airplane laptop ban could be extended to Europe

    U.S. airplane laptop ban could be extended to Europe

    Economy

    If the ban is imposed, computers would be checked as luggage. Airlines For America, which said it was "represented" at the meeting, told IBD that it continued to believe that "security and efficiency are not mutually exclusive goals" and would work with DHS and the TSA on making travel smooth and safe.
  • Southwest Airlines flight erupts in violence as passengers exchange blows

    Southwest Airlines flight erupts in violence as passengers exchange blows

    Economy

    In the video you can hear one woman shout, "what's wrong with you?" The alleged victim suffered minor injuries, including a "contusion to his left eye, a laceration to his nose and a chipped tooth". What sparked the melee was not immediately clear. Southwest Airlines expressed gratitude to their employees for reacting quickly and keeping the incident from getting worse.
  • Trump, Erdogan vow to repair US-Turkish relations

    Economy

    Ankara regards the YPG as the Syrian arm of the Kurdistan Workers' Party (PKK), which has waged a deadly insurgency inside Turkey since 1984. "We are committed to fighting all forms of terrorism, without any discrimination whatsoever, that impose a clear and a present threat upon our future", Erdogan said.
  • TAKE A STAND: North Korea Missile Test

    Economy

    In Washington, A United States defense official told AFP the missile fired on Sunday appeared to be a liquid-fueled KN-17, marking what appeared to be the most successful launch of such a device. "We all have to send a sign to North Korea, and that is "No more". "We have not seen anything from them in the past week but we are encouraging them to continue moving forward".
  • Oil prices rise to $52 as Saudi, Russia back longer supply cut

    Oil prices rise to $52 as Saudi, Russia back longer supply cut

    Economy

    Rigs targeting crude in the US increased for a 17th week to 712, the highest since April 2015, Baker Hughes data showed on Friday. U.S. oil, or West Texas Intermediate ( WTI ) also soared by $1.43 to trade at $49.30 per barrel. ET) and traded intraday at $52.52, the highest since April 24. Mohammed al-Rumhy, the oil minister of Oman, a key non-OPEC Arab producer, also added his support for the extension Monday.
  • Sinclair close to Tribune Media deal

    Economy

    It will also assume debt of $2.7bn. "(This) is the culmination of an extensive strategic review, which has delivered significant value to our stockholders", said Peter Kern, chief executive officer of Tribune. By owning more local TV stations, Sinclair would have increased leverage to negotiate distribution agreements with pay-TV distributors. According to Bloomberg Intelligence, Sinclair and Tribune Media should be able to keep their combined market share low enough with a few divestitures.