Wednesday April 26-th, 2017

Crude oil stockpiles are back on the rise with another new record

Brent for May settlement gained as much as 46 cents, or 0.9 percent, to $51.10 a barrel on the London-based ICE Futures Europe exchange. The U.S. Energy Information Administration (EIA) said onWednesday that the country's crude inventories climbe...

OPEC, non-OPEC committee recommends extending output cut by six months

Earlier this month, Novak said Russian Federation was planning to reach the oil output level cut of 200,000 barrels per day in March, and further reduction of 300,000 barrels daily by the end of April. Marzouk warned that crude oil stocks remained hi...

United Airlines faces Twitter backlash over dress code rules United Airlines faces Twitter backlash over dress code rules

It later added it was investigating the incident. United Airlines faced backlash online Sunday after reportedly not allowing two girls in leggings to board a flight. It also said the girls who were turned away were "pass travelers" - relatives o...

Existing-home sales tumble as tight inventory chokes housing market

Analysts had been expecting a more modest decline of 2%. Sales in February were still 5.4% higher compared with a year ago, but the supply situation has worsened. The annualized rate of sales was 5.48 million, down from 5.69 million in January. T...

Can the Canadian data-train stay on the tracks? Retail sales next

Economists had expected a gain of 0.5 per cent, according to Thomson Reuters. At 9:21 a.m. ET (1321 GMT), the Canadian dollar CAD=D4 was trading at C$1.3349 to the greenback, or 74.91 USA cents, slightly weaker than Friday's close of C$1.3337, or 7...

European Union to hold first Brexit summit on April 29

Barnier said no deal could leave four million European and British citizens uncertain about their rights and future, result in the reintroduction of strict customs rules, create air traffic chaos to and from Britain and lead to the suspension of ex...

Millions more must wait until 68 for pension Millions more must wait until 68 for pension

Pensions expert Stephen Scholefield of Pinsent Masons, the law firm behind Out-Law.com, said that how the United Kingdom would deal with its ageing society "really is the challenge of our age". However the triple lock should be abandoned in order t...

United States may charge North Korea with orchestrating $81m Bangladesh Bank cyberheist United States may charge North Korea with orchestrating $81m Bangladesh Bank cyberheist

The cases may not implicate individual North Korean officials, but rather the government of the country itself. In December 2014, the Federal Bureau of Investigation had concluded that North Korea was behind the hack of Sony Pictures. Speaking at...

Dunkin' Donuts Dumps The Coffee Coolatta, Basically Ruining Everything Dunkin' Donuts Dumps The Coffee Coolatta, Basically Ruining Everything

Dunkin' Donuts has announced that the Coffee Coolatta will soon be no more. Chocolate-pretzel-butter-pecan experience, which combines the chain's new chocolate pretzel doughnut and its caramel-pretzel topping with its butter pecan coffee.

Aparna Yadav Meets CM Adityanath Yogi At VVIP Guest House Aparna Yadav Meets CM Adityanath Yogi At VVIP Guest House

The meeting, which was billed as a "courtesy call", has fuelled speculations that the couple was veering towards the saffron party. While, Mulayam Singh's elder daughter-in-law, Dimple Yadav managed to win unopposed from the Kannauj constituency, w...

Wall Street Journal editorial attacks Pres. Trump's credibility Wall Street Journal editorial attacks Pres. Trump's credibility

Treasuries rose and the U.S. dollar slipped. The US House of Representatives had been scheduled to vote on the Bill on Thursday, but leaders put off the vote after failing to find enough support among Republicans to pass it. At 9:35am ET (1335 GMT)...

Unseasonably warm temperatures and a few rain chances return Unseasonably warm temperatures and a few rain chances return

FRIDAY NIGHT: Mostly cloudy skies and cool temperatures develop Friday night, with a low temperature of 55 degrees. However, temperatures will climb throughout Thursday night and into Friday morning thanks to a warm front. Showers and thundersto...

Airplanes Boost US Durable-Goods Orders For Second Month Airplanes Boost US Durable-Goods Orders For Second Month

Demand for long-lasting factory goods rose in February for the second straight month due to big-ticket orders for civilian aircraft, while a measure of business investment in new machinery and other equipment was largely stable in the early months of...

Brazil and Argentina win in World Cup qualifying Brazil and Argentina win in World Cup qualifying

But the Brazilians were rocked moments later when a blunder by Real Madrid defender Marcelo led to a Uruguay penalty. Paulinho put Brazil 2-1 up seven minutes into the second half before sealing the country's eighth consecutive win in stoppage tim...

Uber President Jeff Jones resigns Uber President Jeff Jones resigns

Recode suggested , citing anonymous sources, that Uber CEO Travis Kalanick's announcement that he was seeking "leadership help" and meant to hire a new Chief Operating Officer also played a role in Jones' decision to leave. The company deliberat...

The Stock Market Surged After the GOP's Health Care Bill Was Pulled The Stock Market Surged After the GOP's Health Care Bill Was Pulled

As well as the vote, investors will be focusing on more Fed speak, with speeches due from officials William Dudley, Charles Evans and James Bullard. Bank stocks became sensitive to changes in expectations from the investors, which in turn adversely a...

Advertisers Continue To Drop Google Ads Even After Google Makes Changes

It was also an eye-opener for Google's India operations. While YouTube revenue is not reported separately, analysts say the video site brings in billions of dollars a year and that it is among Google's top-growing businesses. It is understood 2...

Trump is taking credit for yet another company's old jobs announcement Trump is taking credit for yet another company's old jobs announcement

Charter Communications CEO Thomas Rutledge, after meeting with Trump in the Oval Office, credited the administration's call to reduce regulations and corporate tax rates for the hiring decision. "The process of insourcing will take several years and ...

Virgin Air Soon A Thing Of The Past Virgin Air Soon A Thing Of The Past

Alaska Airlines has promised to retain some of the features that fans love about Virgin America, including its extensive in-flight entertainment options, stellar customer service, and yes, the mood lighting. With a combined fleet of 286 planes flying...

The Public Pulse: Let's get going on the Keystone pipeline The Public Pulse: Let's get going on the Keystone pipeline

Keystone XL is one of several ongoing pipeline projects meant to carry oil from Alberta to refineries and worldwide markets; it would carry more than one-fifth of the oil Canada exports to the USA, transporting it to refineries on the Gulf of Mexico....

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