Markets

Amazon buys supermarket chain Whole Foods Market

Amazon buys supermarket chain Whole Foods Market In other words, Amazon wouldn't just get the Whole Foods brand; Whole Foods would also be able to bring in some of Amazon's low-priced, reasonably high-quality store-label goods. With the sheer square footage of your average Whole Foods store, there's no reason why Amazon couldn't take a similar tactic. It will select merchandise based on Amazon's vaunted customer data, and potentially expec... [Full Article...]

'Oil price may hit $51 per barrel'

In addition to that, the production from OPEC , in the month of May rose by 336,000 barrels per day, thanks to Libya and Nigeria. So OPEC, under the leadership of Saudi Arabia, refused to cut production and allowed oil prices to fall to curb the shale boom and deepwater projects, which was the only rational strategy under the circumstances. [Full Article...]

Oil prices dip on further rise in US drilling, demand slowdown

Signs of faltering demand stoked weak sentiment, prompting price levels comparable to when the output cuts were first announced late previous year. Last month, 13 members of the Organization of Petroleum Exporting Countries and 11 other producers extended an agreement to cut oil supplies by 1.8 million barrels daily in the first half of 2017 by nine months to March next year. [Full Article...]

Oil remains below $45 amid growing concern over USA supply glut

In effect, OPEC will be restricting its own output only to see rival producers step in to meet growing demand from refiners. Originally, Opec members had agreed to cut production for six months beginning from the start of the year in a bid to reduce the glut of oil supplies on the shore up prices. [Full Article...]

Northern Ireland politics hits PM May's coalition talks

May now faces the task of satisfying both the pro-European and eurosceptic factions of her party, keeping Northern Ireland calm and negotiating a divorce with 27 other European Union members whose combined economic might is more than five times that of Britain. [Full Article...]

South Korea to scrap building new nuclear power plants

South Korea to scrap building new nuclear power plants President Moon said that the Kori-1 reactor has been the symbol of Korea's industrialization and enabled the nation to meet its increasing energy demands. Moon, who swept to power with a landslide election win last month, campaigned on promises to phase out atomic energy and embrace what he says are safer and more environmentally- friendly power sources including solar and wind power. [Full Article...]

Conrad Roy III's family breaks their silence after Michelle Carter is convicted

Carter , 20, cried silently in the MA courtroom as Judge Lawrence Moniz outlined the steps she took - and the ones she did not take - that led to Roy's death from carbon monoxide poisoning. Carter and Roy met in Florida in 2012 while visiting relatives. The idea that she actually caused her boyfriend's death is the key element of involuntary manslaughter , the crime Carter stands convi... [Full Article...]

Mexico fully deserved Portugal point, says Osorio

Now we have to think about the next match because we must win. After pulling out a draw against the Portuguese, Mexico coach Juan Carlos Osorio said, "We were at least as good as they were and they're the current European champion". But Portugal's talisman was at his best in an action-packed first half in his team's opening match, with hosts Russian Federation and New Zealand still to come i... [Full Article...]

UK: London tower may have used banned siding in renovation

Queen Elizabeth II has spoken regarding the recent Grenfell Tower fire in London , England. The news came as the Government announced those left homeless by the fire will be given at least £5,500 from an emergency fund. Police hold back crowds outside St Clement's Church in West London . The mayor for London has demanded for better help from the government in an open letter published... [Full Article...]

US Navy ships arrive in Qatar for joint drills amid Gulf crisis

Qatar has signed a $12bn deal to buy F-15 fighters jets from the US. The deal is for reportedly for 36 jets , after the Obama administration approved a possible sale for up to 72 jets for $21.1 billion previous year. Qatar is home to the largest United States military base in the Middle East and the deal "reaffirms the traditionally close ties between the two countries", says Vice Ne... [Full Article...]

Ashtead Group plc (AHT) Receives Consensus Rating of "Buy" from Brokerages

Four analysts have rated the stock with a hold rating and ten have given a buy rating to the company. HSBC Holdings plc lifted their price target on Hammerson plc from GBX 658 ($8.32) to GBX 668 ($8.45) and gave the company a "buy" rating in a research report on Tuesday, April 25th. [Full Article...]

Britain eyes Brexit deal 'like no other in history'

No deal would be "very, very bad" for Britain , Hammond said, but worse would be a deal "deliberately structured to punish us, to suck the lifeblood out of our economy". Labour's shadow Brexit secretary Sir Keir Starmer said the party would "leave options on the table" if it formed a government and took over negotiations in Brussels. [Full Article...]

Newsmax CEO says Trump is thinking about doing something really shocking

Just weeks ago, Mr Gingrich heaped praise on Mr Mueller, hailing him as a "superb choice" for special counsel whose reputation was "impeccable for honesty and integrity". Then, crucially, he says that according to the special counsel regulations, Mueller "may be fired only for good cause", and that he is "required to put that cause in writing". [Full Article...]

Amazon's purchase of Whole Foods 'bought a distribution network,' expert says

While Amazon has been building more and more delivery hubs, the Whole Foods deal gives it 456 stores that it can instantly fit into that network, said Josh Olson, analyst with Edward Jones . Amazon's move aims at the heart of the Bentonville, Arkansas-based retail giant's business - groceries, which account for 56 percent of Wal-Mart's $486 billion in revenue for the year ending January 31. [Full Article...]

Getting Uber out of reverse hard for whoever's CEO

Getting Uber out of reverse hard for whoever's CEO The firm took a look at Uber's overall workplace practices and culture and determined a series of recommendations for the company which the board unanimously agreed to adopt . James Cakmak, an analyst at Monness Crespi Hardt, said Mr Michael's departure reflected Uber's need for a "fall guy" and could help protect Mr Kalanick. [Full Article...]

Second Time in the Year Federal Reserve Increases Rates

For agency debt ( MINT ) and mortgage-backed securities ( MBB ), this cap would be $4 billion per month, rising by $4 billion every quarter until a cap of $20 billion per month is reached. Yellen indicated the Fed still remained confident inflation would rise to its target over the medium term, bolstered by what she described as a robust labor market that is continuing to strengthen. [Full Article...]

Japan's exports surge in May

Japan's trade surplus with the U.S.in May rose 19.0% to Y411.1 billion, rising for the first time in three months. "Crude oil prices rebounded while the yen was weaker in the month", Yuichiro Nagai, economist at Barclays Capital, told AFP. [Full Article...]

Frosh joins DC in suing Trump over foreign payments

The District of Columbia's Karl Racine and Maryland's Brian Frosh held a joint news conference Monday in Washington , confirming the suit filed in a Maryland court. It's the first lawsuit of its kind against a president which involves the Constitution's Emoluments Clause . Attorneys general in Maryland and Washington, D.C . [Full Article...]

'Sombre' Britain prepares for historic Brexit talks

May has said that Britain's vote to leave the European Union was in part a vote to reduce immigration. While EU officials assume that Britain still wants to leave the EU completely, in line with the plan Mrs May's outlined in January, there are other options being planned. [Full Article...]

NRA applauds Trump's apprenticeship order, while critics say it's full of holes

Trump credited his daughter Ivanka for her leadership on the initiative, saying that she "worked so hard understands how important it is to train people to have great, high paying jobs". Currently, there are 9 million unemployed Americans, yet 5 million jobs remain unfilled as many companies struggle to find qualified workers to fill available jobs. [Full Article...]


« Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318  Next »