Thursday July 20-th, 2017

Major oil producers agree to extend output cuts by nine months

He said: "The new price of $54 per barrel should be seen as market response to the possible decision of OPEC to extend the production cut, which undoubtedly will reduce the glut or mop up excess supply of oil in the market". Despite the output cut, O...

Hassan Rouhani wins presidential election in Iran Hassan Rouhani wins presidential election in Iran

President Donal Trump, for his part, is in Riyadh , where "the Saudis are hosting an Arab Islamic American Summit with leaders from dozens of Muslim countries", and where "Trump and the Saudi king signed several agreements spanning diplomatic, gover...

Tears flow as Totti bids farewell to Roma after 25 years Tears flow as Totti bids farewell to Roma after 25 years

As a result, the love and affection that Totti now commands is nearly unparalleled in the world of football. And I can no longer slip back in. I'll fold it away, even though I'm not ready to say "enough" and perhaps I never will be. Totti thanked the...

British Airways cancels most flights from London British Airways cancels most flights from London

A spokeswoman for the airline said: "We are working hard to get our customers who were due to fly today onto the next available flights over the course of the rest of the weekend". Jack Baine was one of many travellers caught in the chaos. Most trave...

Fed minutes: Officials back reducing bond holdings this year Fed minutes: Officials back reducing bond holdings this year

The central bankers made that clear in the minutes from their 2-3 May meeting, which were released Wednesday. The officials say they want to raise rates a little more before they start selling that debt. Dallas Fed Chief Robert Kaplan said he belie...

Ex-Senate Staffer, Hall of Fame pitcher Jim Bunning Has Died

Bunning's death was announced by Major League Baseball on Twitter Saturday afternoon. Bunning, a conservative Republican, served on the local city council and in the Kentucky state Senate before he launched a failed campaign for governor in 1983.

Chance of rain for the midstate throughout the Memorial Day weekend

The rest of the overnight will be mostly cloudy with low temperatures in the upper 40s to low 50s. Another round of showers and possible thunderstorms could be on tap again for Sunday afternoon. Partly sunny, with a high near 74. Low around 58....

US Economy Grows At Tepid 1.2 Percent; Business Spending Softens US Economy Grows At Tepid 1.2 Percent; Business Spending Softens

Despite the bigger than expected upward revision, the GDP growth in the first quarter still reflects a notable slowdown compared to the 2.1% increase in the fourth quarter . In the fourth quarter, real GDP increased 2.1%. But he and other analysts...

Commuter Dude: Gas prices holding steady despite forecasts to the contrary Commuter Dude: Gas prices holding steady despite forecasts to the contrary

Energy Information Administration . "This year, unlike in many recent years, prices have remained relatively stable as Memorial Day approaches". A survey by GasBuddy found that more than 82 percent of Americans say they will take a long road trip...

Oil Prices Drop 5 Percent after OPEC Meeting in Vienna Oil Prices Drop 5 Percent after OPEC Meeting in Vienna

Ann-Louise Hittle, vice president at energy consultancy Wood Mackenzie said that the "decision in Vienna sends a signal of continued support for oil prices from OPEC which helps US onshore drillers make plans" to further increase their producti...

Pakistan crosses 5 pct GDP growth mark Pakistan crosses 5 pct GDP growth mark

Last year, the economic losses due to deterioration in the security conditions on account of terrorism went down by about 30pc to $6.49bn from $9.24bn a year earlier. He stressed that the Strategic Trade Policy Framework 2015-18 was being improved as...

Trump asked 2 USA intel chiefs to deny Russian Federation collusion

White House officials said Comey's testimony about the scope of the FBI investigation upset Trump, who dismissed the investigations as a "witch hunt". Officials said such memos could be made available to both the special counsel now overseeing the ...

NYC Mayor Will Launch Initiative to End Abuse Of City Parking Placards NYC Mayor Will Launch Initiative to End Abuse Of City Parking Placards

Enforcement includes the creation of a so-called Placard Fraud Enforcement Unit that falls under the NYPD, the hiring of 100 more traffic agents who will exclusively monitor placard abuse, increased fines, and pending technology that will scan licens...

Minister: OPEC deal extension meets Azerbaijan's interests

Hong Kong 's Hang Seng was flat, on track for a weekly gain of 1.8 percent. Taiwan's benchmark fell and indexes in Southeast Asia were mostly higher. Their output already is partially offsetting the cuts, and even more USA companies are poised to re...

Stolen Headphones And Littered Compartments, Tejas Express's 1st Trip Is Downright Saddening Stolen Headphones And Littered Compartments, Tejas Express's 1st Trip Is Downright Saddening

It can be recalled that not only Railway Minister Suresh Prabhu publicly announced that Tejas Express will be equipped with WiFi facility but the Central Railways official press release also stated the same. The Tejas Express includes modern ameni...

President Trump Pledges to 'Get to the Bottom' of Leaks President Trump Pledges to 'Get to the Bottom' of Leaks

He called for a moment of silence in memory of the 22 adults and children killed in the "savage attack". Most NATO members, meanwhile, spend less than the 2 percent benchmark. And he didn't really clarify the situation on Thursday. The unveiling of...

'Phantom Express': Boeing, Defense Dept. agency are developing an experimental space plane 'Phantom Express': Boeing, Defense Dept. agency are developing an experimental space plane

The Defense Advanced Research Projects Agency ( DARPA ) has awarded Boeing (BA ) the contract to manufacture its experimental space plane. The upper stage would continue to carry the payload to orbit while the first stage-the spaceplane itself-woul...

Oil slips as OPEC extends output cuts

But the hoped-for benefits could be short-lived. USA crude CLc1 prices were flat at $48.88 early on Friday, after losing 4.8 percent overnight, set to end the week 2.8 percent lower. Brent crude oil dropped as much as $1.24 a barrel to a low of $5...

Ford plans job cuts to boost profits Ford plans job cuts to boost profits

The automaker expects 1,400 salaried employees to leave by the end of September, according to an emailed statement. New Delhi , May 17 The Indian operations of U.S. Another source, quoted by Reuters , confirmed that the auto maker intends to shri...

Marks & Spencer admits overhaul 'came with a cost' Marks & Spencer admits overhaul 'came with a cost'

The high street retail like-for-like sales fell a total of 1.9% as clothing and homeware sales dropped by 3.4%, and food sales were down by 0.8%. Profits came in higher than most analysts had expected, but they said there was still work to be don...

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