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Economy

Vijay Mallya , who has a home in Hertfordshire, was held after an extradition warrant was issued by Indian authorities in relation to accusations of fraud. Mallya's hearing is set to begin within weeks, with a date for the next hearing to be confirmed soon. Mallya's extradition will be governed by the extradition treaty signed between India and the United Kingdom in 1992, under which only one person - the fugitive Samirbhai Vinubhai Patel - has so far been extradited.
  • Is Barracuda Networks, Inc. (CUDA) a good buy?

    Is Barracuda Networks, Inc. (CUDA) a good buy?

    Economy

    The stock has a market cap of $1.24 billion, a price-to-earnings ratio of 123.21 and a beta of 3.43. United Continental and Barracuda Networks are anticipated to announce their most recent quarter financial results after the closing bell on Monday, April 17.
  • Assad allies say U.S. strike on Syrian air base crossed 'red lines'

    Assad allies say U.S. strike on Syrian air base crossed 'red lines'

    Economy

    It is understandable that Prime Minister Shinzo Abe said, "The Japanese government supports the us government's determination never to allow chemical weapons to be spread or be used". Tillerson insisted he had no concerns about possible Russian retaliation after the United States attack on the airbase. Donald Trump's bombing of a Syrian airfield last week has triggered a global power play involving North Korea's nuclear program, Russia's strident support of Bashar al-Assad and the ...
  • Canada Releases Proposed Cannabis Legislation

    Canada Releases Proposed Cannabis Legislation

    Economy

    The new framework would make it illegal to market marijuana products to children, or sell to anyone under 18. The marijuana task force led by former Liberal justice minister Anne McLellan had acknowledged provinces and territories would likely harmonize it with the age limit they now have in place for alcohol and tobacco.
  • General election 2017: MPs back plans for 8 June poll

    Economy

    The Prime Minister said she was committed to regaining control of Britain's borders but refused to be drawn on whether free movement of labour would end as soon as the United Kingdom withdrew from the EU. The main opposition Labour Party welcomed May's election call, meaning that it is nearly a foregone conclusion that May will obtain the two thirds support she needs in the House of Commons for the election to be held.
  • BP's Alaska Well Stops Leaking Oil, But Continues To Release Gas

    Economy

    Media Affairs on Friday. Here's what you need to know if you're thinking of investing in marijuana. BP Exploration Alaska is a subsidiary of BP. Employees on Friday morning discovered uncontrolled natural gas flowing from the top of a well house, a metal structure that looks like a large box over a well.
  • Timeline of North Korea's claimed nuclear tests

    Timeline of North Korea's claimed nuclear tests

    Economy

    Vice President Mike Pence was en route with his wife and two daughters to Seoul, South Korea , Tuesday night for meetings with US and South Korean troops and acting President Hwang Kyo-ahn. "The president and his military team are aware of North Korea's most recent unsuccessful missile launch". So we'll see how it goes. Trump has been leaning on China to put pressure on North Korea, but has also threatened to take on the country alone if necessary.
  • Fed may start shrinking balance sheet later in 2017

    Fed may start shrinking balance sheet later in 2017

    Economy

    But the USA economy is now growing at a healthy clip and Fed rate setters discussed whether to phase out or halt reinvestments all at once at their March 14-15 meeting, at which they also voted to raise interest rates. "The number of years we're thinking about just based on the arithmetic is something like 5 years", said Williams, who is not a voting member of the rate-setting Federal Open Market Committee this year.
  • Tyler Bozak scores OT winner as Leafs lead series against the Capitals

    Economy

    All three games in this series have gone beyond regulation, but this goes beyond the Maple Leafs simply making life miserable for the Capitals. "It wasn't based on play", Trotz said. It wasn't fun to watch, standing from behind the bench. What we could see is some small tweaking to account for not having last change on the road. "You don't want it to be easy", Holtby said.
  • Gold edges down on profit-taking, but geopolitical worries lend support

    Gold edges down on profit-taking, but geopolitical worries lend support

    Economy

    USA stocks rose after three straight days of losses. Fed fund futures 0#FF: rose in price, now pricing less than a 50 percent chance of a rate hike in its June 13-14 meeting for the first time in about a month. In France, investors remained nervous ahead of the first round of the country's presidential election this Sunday, even though an opinion poll put centrist Emmanuel Macron first, just ahead of far-right, anti-euro candidate Marine Le Pen.
  • OPEC's war on oil overhang starts to bear fruit

    OPEC's war on oil overhang starts to bear fruit

    Economy

    Energy Information Administration (EIA) on Wednesday. Saudi Arabia has been shouldering the bulk of the cuts of 1.2 million barrels a day that OPEC agreed to in late 2016. Brent has risen in each of the previous six sessions, while WTI gained for the last five days. U.S. crude inventories have touched record highs at both the U.S.
  • Georgia House race down to 2 candidates, plus Trump, Pelosi

    Economy

    As of right now, Democratic candidate Jon Ossoff is polling in the mid-40s, which is significantly higher than any of the other candidates in the field. Republicans have held the seat since 1979, and former Speaker of the House Newt Gingrich held it successively for 20 years. "Until now, the Republican candidates have faced very little scrutiny or negative ads", Meredith Kelly, the Democratic Congressional Campaign Committee's communications director, told CNN .