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Economy

At least 22 people, including children, were killed and 59 others were wounded Monday in a suicide attack that targeted concertgoers following a performance by USA singer Ariana Grande in the United Kingdom city of Manchester . Police have appealed to anybody with information about Abedi from May 18 to contact them. British officials have confirmed he had recently returned from Libya and the officers said that police needed information about his movements since his return to Britain on May ...
  • Nigeria says it is not opposed to joining OPEC cuts

    Nigeria says it is not opposed to joining OPEC cuts

    Economy

    US West Texas Intermediate (WTI) crude futures were back below $50, at $48.88, down 2 cents from their previous close. Major producers including Saudi Arabia , Russia and Iraq favored an extension for nine months, Reuters reported. With U.S. output rising steadily and OPEC and its allies potentially raising production in 2018 to regain lost market share, many traders, including Goldman Sachs, already expect another price slump.
  • International Olympic Committee says OPEC output cut won't hit imports

    International Olympic Committee says OPEC output cut won't hit imports

    Economy

    Prices pushed above $54 in the months following the November deal, roughly doubling from the extremely low levels hit in early 2016 when there was a severe oil glut in the market. Non-OPEC countries led by Russian Federation chipped in with a further 600,000-barrel reduction. The sharp rise in the United States shale gas pushed up global crude stocks to record highs and kept prices subdued.
  • Jim Bunning, Hall of Fame Pitcher Turned Senator, Dies at 85

    Jim Bunning, Hall of Fame Pitcher Turned Senator, Dies at 85

    Economy

    Senator, Jim Bunning ". "Words can not express my gratitude to the people of Kentucky for giving me the distinct honor of serving them for 12 years in the House of Representatives and 12 years in the U.S. In his second career, instead of baseballs, Bunning went after opponents and issues with strong rhetoric and an intense certainty in the correctness of his own views.
  • Oil Minister Says Not Opposed to Eventually Joining Output Cuts

    Economy

    OPEC is discussing in Vienna whether to prolong an accord reached in December in which it and 11 non-members agreed to cut oil output by about 1.8 million barrels per day in the first half of 2017. "The cut that we made is working", said Saudia Arabia's Khalid al-Falih, energy minister OPEC's largest producer. "A nine-month extension of the output cuts is already baked into prices".
  • Beijing, ASEAN take step toward rules for South China Sea

    Economy

    Aside from Liu and Chee Wee, the senior officials in attendance include Maria Hellen Barber-Dela Vega of the Philippines, Emaleen Abd Rahman Teo of Brunei Darussalam, Kah Pharidh of Cambodia, Jose Antonio Morato of Indonesia, Phongsavanh Sisoulath of Laos, Joji Samuel M C Samuel of Malaysia, U Myint Thu of Myanmar, Busaya Mathelin of Thailand and Nguyen Quoc Dzung of Vietnam.
  • Restaurant Group PLC (RTN) Upgraded to

    Restaurant Group PLC (RTN) Upgraded to "Overweight" by JPMorgan Chase & Co

    Economy

    The SI to Thestreet Incorporated's float is 0.7%. The stock's 50 day moving average price is GBX 185.19 and its 200-day moving average price is GBX 179.19. The Firm has four brands: Portmeirion, Spode, Royal Worcester and Pimpernel. It has a 12.61 P/E ratio. The Company's segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, ...
  • Jim Bunning, Hall of Fame pitcher and Kentucky senator, dies at 85

    Jim Bunning, Hall of Fame pitcher and Kentucky senator, dies at 85

    Economy

    The Kentucky Republican served 12 years in the House and two terms in the Senate. "Unfortunately, running for office is not just about the issues", Bunning said in a 2009 statement. Bunning's competitive side was evident during his political career. He declined to run for a third term in 2010, citing a lack of financial support from the National Republican Senatorial Committee and choosing instead to throw his weight behind fellow candidate Rand Paul.
  • Battered oil claws back losses after OPEC deal falls short of expectations

    Economy

    Following the meeting, Saudi Arabian Energy Minister Khalid al-Falih lauded OPEC's consensus over the output cut. The move also highlights heightened volatility in the oil market . shale production. "I never worry about the daily reaction of the market", he told reporters. Non-OPEC countries led by Russian Federation chipped in with a further 600,000-barrel reduction.