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Economy

Mourinho has long since announced his intention to play a weakened side against Sam Allardyce's Palace on Sunday in a bid to keep his players fit and fresh for Stockholm. He played a bit-part team against Southampton , a bit-part team the week before and he should have played his full team in one of those games. The Dutch side were knocked out of this season's Champions League in the last qualifying round and, as a result, dropped into Europe's secondary competition.
  • Oil prices up again after decreasing amid growing USA stocks

    Oil prices up again after decreasing amid growing USA stocks

    Economy

    WTI light sweet crude oil was up 66 cents at USD50 a barrel, the highest since April. The U.S. Energy Information Administration said U.S. crude inventories fell 1.8 million barrels for the week to May 12, less than the of 2.4 million barrels that had been forecast.
  • American Electric Power Company (AEP) Receiving Somewhat Positive Media Coverage, Report Finds

    American Electric Power Company (AEP) Receiving Somewhat Positive Media Coverage, Report Finds

    Economy

    The Company's services and products range from aircraft engines, power generation, and gas and oil production equipment to medical imaging, financing and industrial products. Finally, CWM LLC raised its stake in General Electric Company by 90.3% in the third quarter. 15,166 were reported by Peddock Capital Advsrs Llc. In general, a company with a score closer to 0 would be seen as undervalued, and a score closer to 100 would indicate an overvalued company.
  • Senior White House Adviser Under Scrutiny in Russia Investigation

    Economy

    President Donald Trump called recently fired FBI Director James Comey a "nut job" before telling Russian officials in the White House last week that ousting the director had relieved "great pressure" from him. Current administration officials who have acknowledged contacts with Russian officials include Trump's son-in-law, Jared Kushner, Attorney General Jeff Sessions and Secretary of State Rex Tillerson.
  • Yemen's Houthis say fire ballistic missile toward Saudi capital

    Yemen's Houthis say fire ballistic missile toward Saudi capital

    Economy

    News of the alleged missile launch comes just hours before President Donald Trump is scheduled to arrive in Riyadh as part of his first overseas trip as president. There were no immediate reports of casualties. It Riyadh but gave no further detail. Riyadh has been importing tens of billions of dollars of arms from the United States over the past years.
  • USA shale roars back at OPEC

    USA shale roars back at OPEC

    Economy

    While the extension is all but certain, there are still doubts that it will achieve its stated goal of bringing the global oil market back to balance-in other words propping up prices enough to allow for investment in new production in Middle Eastern and other producers, whose hands are now tied by budget deficits.
  • Treasury chief says US can achieve 3 percent economic growth

    Treasury chief says US can achieve 3 percent economic growth

    Economy

    But they still strongly believe Trump is their best chance to drain the swamp - to overturn the Beltway elites, to deliver border security, to improve trade deals and to cut taxes and regulations to deliver the full-fledged deeply rooted sustainable prosperity we haven't seen in 20 years.
  • Trump's Saudi speech to urge unity against radical Islam

    Trump's Saudi speech to urge unity against radical Islam

    Economy

    As Trump flew to Saudi Arabia, more reports stemming from the Russian Federation investigation surfaced. On the drive to the Ritz hotel where Trump is staying, King Salman rode with the president in the heavily armored presidential limousine nicknamed "the Beast".
  • Duterte: China's Xi threatened war if Philippines drills for oil

    Economy

    Experts say China wants to appear to engage Asean or bind its claimant states to a weak code at a time when U.S. policy on the South China Sea is in a state of flux. At the time, Philippine President Duterte bluntly stated that complaining about China's maritime activities was pointless because no one could pressure China into halting them - a similar, if less tactful, sentiment to the one expressed by Duterte's foreign secretary at Thursday's meeting.
  • OPEC wants 'collective efforts' to counter U.S. oil output

    Economy

    OPEC members agreed in November to cut production by 1.2 million barrels per day for six months beginning from the start of the year in a bid to reduce the glut of oil supplies on the shore up prices. Crude prices rose further in Asia on Thursday, building on overnight gains following an upbeat report on US inventories. As a result, global benchmark Brent crude was up $1.24, or 2.5% at $49.97 US a barrel mid-morning Wednesday.
  • Ottawa inflation rate holds steady at 1.6% in April

    Ottawa inflation rate holds steady at 1.6% in April

    Economy

    Gasoline prices and shelter costs were among the main contributors to the gain in annual headline inflation. Food prices were up 0.5 percent sequentially, but continue to be negative on a year-on-year basis. Energy prices rose 9.6 percent year-on-year, as compared with the 8.5 percent rise recorded in the previous month. CPI median, which shows the median rate across the various components, edged down to 1.6 percent.
  • Trump Tells Russians That Comey Firing Relieved Pressure

    Economy

    The news of a potential cover-up investigation came just hours after the Washington Post reported that an official now working in the Trump administration who is close to the president is a "significant person of interest" in the investigation.