• Crude Oil Prices Fall Sharply, Very Negative Reaction To Inventories Data

    Economy

    Opec production rose more than 336 000 barrels a day in May from a month earlier to 32.14 million barrels a day, according to a monthly report from the group on Tuesday. Summer boosts gasoline demand from US drivers, yet gasoline inventories rose 2.1 million barrels last week, 9 per cent over the five-year average for this time of year, according to the US Energy Information Administration ( EIA ).
  • Mayweather vs McGregor fight date announced

    Economy

    It is reported each fighter could earn as much as $100m (£78.4m) from the bout, which would be one of the richest in boxing history. Tweet Embed: https: //twitter .com/mims/statuses/875104754334023680 IT'S OFFICIAL! After several months of constant negotiations and many speculations about the money, the place of the fight , the rules, etc., two of the most popular fighters in this era announced some details regarding their clash.
  • India Inc. calls for policy easing as inflation lowers

    India Inc. calls for policy easing as inflation lowers

    Economy

    The May figures for the WPI represent the second instance that wholesale inflation is being calculated according to the new series with the updated base year of 2011-12, which was released last month. Prices of leather and leather related products also declined 4.40 percent, compared with a growth of 4.69 percent year ago. While the revised WPI series will continue to comprise of three major groups namely primary articles, fuel & power and manufactured products, as was in the previous ...
  • ON Semiconductor Corporation (ON) Shares Sold by Meeder Asset Management Inc

    Economy

    Davenport Lc reported 4,506 shares or 0% of all its holdings. The company has market cap of $20.66 million. It has a 30.1 P/E ratio. The target price for ON Semiconductor Corp. Now the P/E of ON Semiconductor Corp. stands at 30.3. The company's Average Earnings Estimate for the Current Fiscal quarter is $0.65, according to consensus of 2 analysts.
  • Centrica PLC (CNA) Earns "Sell" Rating from Deutsche Bank AG

    Economy

    Therefore 33% are positive. The stock has "Buy" rating by Numis Securities on Tuesday, February 21. As per Friday, October 23, the company rating was maintained by Bernstein. Philadelphia Mngmt Of San Francisco Limited Co invested 3.9% in Centrica PLC (LON:CNA). Massmutual Trust Fsb Adv accumulated 0% or 19,394 shares. Commonwealth Savings Bank Of has 45,555 shares.
  • Nike Announced to Cut 2% of its Global Workforce for Restructuring

    Nike Announced to Cut 2% of its Global Workforce for Restructuring

    Economy

    The 2% reduction tallies up to roughly 1,400 of its 70,000 workers around the globe. On Friday, March 24 the insider SPRUNK ERIC D sold $2.78 million. Eads And Heald Invest Counsel holds 1.05% of its portfolio in Nike Inc (NYSE: NKE ) for 30,274 shares. Goldman Sachs Group, Inc. This integrated organization is expected to place greater resources in the categories with the highest potential to fuel growth: Running, Basketball, Nike Sportswear, Men's and Women's Training, Global Football ...
  • Vladimir Putin jokes about giving political asylum to James Comey

    Vladimir Putin jokes about giving political asylum to James Comey

    Economy

    Putin posed this question during an interview Thursday, comparing Comey to someone who copied and leaked classified information from the National Security Agency in 2013 without any authorization. The Russian president noted that according to Comey there was no evidence that Russia meddled with the vote count in the United States. But low world oil prices and Western sanctions imposed over the conflict in Ukraine have hit Russian Federation hard, reducing the amount of money Mr Putin ...
  • "Good start" for Tesco as growth continues

    Economy

    Same store sales for the retailer's core United Kingdom unit grew by 2.3%, versus 0.3% growth achieved a year ago. The news pushed the supermarket's shares up by 3%, making it the biggest riser in the FTSE 100 index. The outcome was ahead of analysts' forecasts, in a range of up 1.7-2.0 percent, and built on growth of 0.7 percent in the previous quarter. "Food, and fresh food in particular, is firing on all cylinders, and that's a huge shot across the bows for its competitors", John ...
  • Fans line up early for Warriors celebration

    Economy

    When Under Armour CEO Kevin Plank said in February that having Trump in the White House was a "real asset " to the country, Curry told the Mercury News that he agreed "if you remove the "et" from asset ". "Somebody asked me about it a couple months ago, a hypothetical, if a championship were to happen: 'What would I do?' " Curry said during his exit interview at Golden State's practice facility Wednesday afternoon.
  • Attorney General Sessions Testifies

    Economy

    The probe by special counsel Robert Mueller , a former FBI chief, "marks a major turning point in the almost year-old FBI investigation, which until recently focused on Russian meddling during the presidential campaign and on whether there was any coordination between the Trump campaign and the Kremlin", The Washington Post reported .
  • Britain's general election: A new stage in the class struggle

    Britain's general election: A new stage in the class struggle

    Economy

    If Corbyn had claimed seven more seats, the total seats won by Labour, the Lib Dems, the SNP, Plaid Cymru, the Green Party and one independent MP would have come to 322 - enough to dethrone the Conservatives of their power. Reliance on Northern Ireland's DUP, the Democratic Unionist Party , gives Ms May a pathetic two-seat majority. "She made the election a referendum on Theresa May and she has lost".