Markets

Oil rises 2% after Saudi and Russian Federation back longer supply cut

Global benchmark Brent increased by as much as 3.3 per cent to US$52.52 a barrel on ICE Futures Europe and West Texas Intermediate climbed by up to 3.4 per cent, to $49.45 a barrel on the New York Mercantile Exchange. OPEC wants to reduce global oil inventories to their five-year average but so far has struggled to do so. Signs of a resurgence of oil production in Libya and Nigeria, both O... [Full Article...]

WannaCry ransomware victims told not to pay up by Cert NZ

Currently, there is no permanent fix that could end the wrath of this ransomware, but here are a few pointers that could help you in protecting your Windows PC if it has not been attacked yet. So, computer companies must try to convince us - and we must convince ourselves - that updates are important. In the informative article , the company discusses the May 12, WannaCry ransomware attack ... [Full Article...]

Explaining the mechanics of the Trump-Russia special counsel

By several senators' accounts, he contradicted Trump's statements that Rosenstein's written criticism of FBI Director James Comey had been a factor in Comey's recent firing by the president. The president tweeted his indignation about the decision to name a special prosecutor Thursday morning. Patterson said while he doesn't believe it's the greatest witch hunt, he does think it's political an... [Full Article...]

Trump administration keeps Iran deal alive, but with new sanctions

The IRNA news agency said the first plane landed in Tehran early Wednesday, with the other three expected later in the day. The Trump administration will have to waive more sanctions next month if it wants to stick by the nuclear deal. Iran and major powers led by the USA made a deal in 2015 to curb Tehran's nuclear ambitions in exchange for easing economic sanctions. In a retaliation move, Ir... [Full Article...]

Severe weather expected to impact Oklahoma through Saturday

A spokesman for the National Weather Service confirmed that it was a tornado, but the agency was still trying to determine the twister's strength. He says he has seen some mobile home parks with tornado shelters, but they tend to be rare. [Full Article...]

Eurovision 2017: Portugal takes home top prize for the first time

Eurovision 2017: Portugal takes home top prize for the first time Portugal won their first victory in 53 years on Saturday night (13th May) with Salvador Sobral . Graham Norton, guided United Kingdom viewers through the contest on BBC1, and described Jones" performance as "stunning', adding: "It has to be one of our strongest entrants in years". [Full Article...]

Election Commission gets ready for EVM challenge

Election Commission gets ready for EVM challenge The Arvind Kejriwal-led AAP and the Mayawati-led Bahujan Samaj Party (BSP) had alleged that EVMs were tampered with in the February-March assembly elections in five states and the just concluded Delhi civic polls. It said the Supreme Court has been stressing on more transparency, which necessarily does not mean the use of EVMs. The powerful election body is also likely to announce dates for its ... [Full Article...]

From Crisis To Crisis: Donald Trump's Struggling Presidency

The FBI is also investigating former National Security Adviser Michael Flynn's relationship with Russian Federation, a probe Trump apparently tried to stop , according to news reports . Ryan and his fellow Republicans are clearly anxious for a legislative achievement before the midterm elections next year, whether it is repealing and replacing Obamacare or a tax bill. [Full Article...]

United Kingdom jobless rate reaches 42-year low

United Kingdom jobless rate reaches 42-year low The rate of economic inactivity was 21.5 per cent of all 16 to 64-year-olds, the lowest on record. Rising prices for clothing, vehicle excise duty and electricity also played a part, but a fall in the price of petrol and diesel slightly offset this. [Full Article...]

Gap, Inc. (The) (NYSE:GPS) Quarterly EPS Review

Gap, Inc. (The) (NYSE:GPS) Quarterly EPS Review The stock of Gap Inc (NYSE:GPS) has "Neutral" rating given on Wednesday, October 7 by Citigroup. Royal Bank of Canada reaffirmed a "hold" rating and set a $26.00 target price on shares of Gap in a report on Tuesday, April 18th. If you are accessing this report on another website, it was illegally copied and republished in violation of United States & global copyright & trademark legislation. [Full Article...]

Eight Aussie companies hit in global cyber attack

Kings College NHS Foundation Trust, which runs the Farnborough hospital, escaped the first wave of the attack on Friday, but fears had surfaced that more NHS services could be hit as workers returned on Monday morning. While some companies did not report damages to the government, South Korea was yet to see crippling damages, he said. "He should come and speak to the delegates and explain th... [Full Article...]

Budget 2017: PM warns against big bank 'lies'

Relations between the government and the banks are plummeting with Prime Minister Malcolm Turnbull dismissing as nonsense their claims that the new $6.2 billion tax and tough regulatory measures could destabilise the banking system. Treasurer Scott Morrison said more than 75 billion Australian dollars ($56 billion) would be spent on infrastructure in the next decade. Mr Turnbull also acknowledge... [Full Article...]

Bain, KKR, Broadcom among suitors lining up for Toshiba's chips business

Bain, KKR, Broadcom among suitors lining up for Toshiba's chips business A preferred bidder is expected to be announced in June. Toshiba's future as a public company depends on selling the memory chip unit and raising cash to pay for losses in its Westinghouse nuclear business. South Korea's chipmaker SK hynix said Friday it has joined the final bidding to take over the memory division of Japanese tech giant Toshiba Corp. Through a regulatory filing, the company sa... [Full Article...]

Senators Urge Turkish President To Hold His Bodyguards Accountable For DC Violence

Senators Urge Turkish President To Hold His Bodyguards Accountable For DC Violence During his visit to the Turkish embassy residence in Washington DC after the meeting, his supporters clashed with another group who gathered outside the embassy building in order to protest Erdoğan's policies in Turkey. "We want to reassure the people and government of Turkey that the U.S.is committed to preventing additional security risks and protecting our North Atlantic Treaty Organisation a... [Full Article...]

NHS works to curtail cyber attack damage

These hackers "have caused enormous amounts of disruption- probably the biggest ransomware cyberattack in history", said Graham Cluley, a veteran of the anti-virus industry in Oxford, England. The attack hit organizations of all sizes. A spokesman for the Southend and Castle Point Clinical Commissioning Group (CCG), said: "NHS Southend CCG and NHS Castle Point and Rochford CCG have been working ... [Full Article...]

Germans head to polls in crucial state vote

The SPD lost 7.9 percentage points and got 31.2 percent, its worst showing in the region since 1947. German Chancellor Angela Merkel's conservatives defeated their center-left rivals in a key state election Sunday in the country's most populous region. [Full Article...]

Fox News founder Roger Ailes dead at 77

In a column in which he lauded Ailes for his many accomplishments in the TV industry, O'Reilly noted that the world is now in a "rough age" in which technology is breeding bad behavior. In 2009, Axelrod said the Fox News Channel is "not really a news station" and that much of the programming is "not really news". His death was announced in a statement by his wife, Elizabeth Ailes , ac... [Full Article...]

McMaster: Trump didn't know source of intel he gave to Russian Federation

McMaster: Trump didn't know source of intel he gave to Russian Federation The disclosures roiled the administration as it struggled to move past the backlash over Trump's abrupt firing on May 9 of FBI Director James Comey, who was investigating potential ties between Russian Federation and Trump's 2016 presidential campaign. [Full Article...]

Mallya Loses Rs 100 crore Farm House

Mallya Loses Rs 100 crore Farm House The money laundering is in connection with Rs.900 crore IDBI bank default case which has seen Mallya losing yet another property. The ED had served eviction orders to the occupants in April this year after the owners failed to get any relief from appellate bodies. [Full Article...]

Vicus Capital Acquires New Position in Applied Materials, Inc. (AMAT)

Vicus Capital Acquires New Position in Applied Materials, Inc. (AMAT) State Street Corp is the second biggest holder with 50 million shares now valued at 1.63 B million whilst BlackRock Fund Advisors has 41 million shares valued at 1.31 B million. The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 15th. Stockholders of record on Thursday, May 25th will be given a $0.10 dividend. [Full Article...]


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