Economy

The President railed against previous efforts by the Federal Aviation Administration ( FAA ) to upgrade air traffic control and offered few other details about his promised $1tn infrastructure programme, The Guardian reports. Even under a congressional privatization plan, the FAA would continue to provide safety oversight of the system. "There is no consensus on this short-sighted privatization proposal", DeFazio, of OR, said.
  • Why Donald Trump's Attempt to Go After James Comey Could Backfire

    Economy

    After assuring Trump that he "loved my work and meant to stay and serve out my 10-year term", Comey said he became anxious when Trump told him, "I need loyalty, I expect loyalty". It's official, it seems: President Trump is a liar . Some legal experts have said the president would have been well within his constitutional powers to ask the FBI director to stop, or start, an investigation if he did indeed do that.
  • Oil prices increase amidst production cut, tensions in Middle East

    Oil prices increase amidst production cut, tensions in Middle East

    Economy

    The supply cut deal championed by Saudi Arabia targeted a reduction of 1.2 million barrels per day. Market Watchers were hoping that OPEC would take more decisive action in its just-concluded meeting in Vienna. Some traders, however, said worries about the impact on oil supplies from the diplomatic spat had been overblown. The rise was driven by sharp output recoveries in Libya and Nigeria, both of which are exempt from the organisation's production cut agreement.
  • Marks & Spencer Group (LON:MKS) Broker Roundup

    Economy

    D E Shaw And reported 0% of its portfolio in Pets at Home Group PLC (LON:PETS). The Cullen Capital Management Llc holds 1.96 million shares with $53.66 million value, down from 1.98M last quarter. Card Factory Plc had 65 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has "Buy" rating by Bank of America on Monday, December 12.
  • ISRO Launches GSAT-19 Using Heaviest Rocket- GSLV Mark III

    ISRO Launches GSAT-19 Using Heaviest Rocket- GSLV Mark III

    Economy

    Kiran Kumar also said the GSAT-19 satellite's health is normal and it will be raised to its intended orbit in the coming days. India's space agency prepared Monday to launch its heaviest rocket carrying a communication satellite from a launch pad off the country's southeastern coast.
  • Twitter barrage puts spotlight on Trump's outspoken son

    Economy

    In the most eagerly anticipated USA congressional hearing in years, Comey told lawmakers the Trump administration had lied and defamed him and the Federal Bureau of Investigation after the president dismissed him on May 9. Photographed leaving her home for the White House in a parade of dresses and shoes from her label, she carefully cultivates a more moderate image, returning to Twitter after the climate decision to voice her support for LGBT rights.
  • United States spy chiefs refuse to disclose talks with Trump

    United States spy chiefs refuse to disclose talks with Trump

    Economy

    USA intelligence chiefs refused on Wednesday to publicly discuss their conversation with President Donald Trump as the Senate Intelligence Committee probed the circumstances surrounding former FBI Director James Comey's firing. "We never got an answer whether there was an effort by the president to get them to move away from or downplay the Flynn investigation", he lamented.
  • '100%' Willing to Testify Under Oath

    '100%' Willing to Testify Under Oath

    Economy

    Earlier on Friday, Trump took to Twitter to declare "total and complete vindication" in response to Comey's testimony . "No I didn't say that ", Trump stated abruptly, taking questions after meeting Romanian President Klaus Iohannis.
  • Merkel assumes United Kingdom to stick with its Brexit plan

    Economy

    They're hardly going to make any major concessions, and she's going to have to go back to her Parliament with her divided party and try and get some obvious compromises through. "We are ready for the negotiations". He urged the Government to "reconsider whether it's really good for Great Britain to withdraw from the European Union in this way".
  • What did we learn from Comey's testimony before Congress?

    What did we learn from Comey's testimony before Congress?

    Economy

    President Trump has broken the silence he maintained during former FBI Director James Comey's testimony Thursday, saying on Twitter that he was vindicated in the hearing that explored Russian meddling in the USA election, its ties to Trump's security adviser, and Trump's dealings with Comey .
  • Indian army kills militant on Kashmir LoC

    Economy

    The Army said that "multiple attempts" have been made by militants to sneak into Jammu and Kashmir from PoK through various sectors of the LoC, including Macheal, Nowgam, Uri and Gurez in Kupwara, Baramulla and Bandipore districts, during the past week.