Crude oil futures rise 0.81% on firm global cues

Despite surging US oil production and plunging imports, pump prices are still determined by the global oil price. "For the energy renaissance to continue, the USA natural gas and oil industry critically needs policies that advance energy infrastruc... More..

by | Published more than a month ago
Google is fined $5 billion for its illegal restrictions
by | Thursday, July 19, 2018

Google is fined $5 billion for its illegal restrictions

Google was previously penalized by the European Commission just past year, when the search giant was slapped with a $2.7 billion fine for lowering the ranking of competitor shopping comparison tools to promot...More..

Boris Johnson warns Theresa May to ditch 'miserable' Brexit plans
by | Thursday, July 19, 2018

Boris Johnson warns Theresa May to ditch 'miserable' Brexit plans

But, Johnson said, "in the 18 months that have followed, it is though a fog of self-doubt has descended" on the government. Theresa May did, however, lose a key Brexit vote in the Commons for only the sec...More..

Higher fuel prices help push June Consumer Price Index to 4
by | Thursday, July 19, 2018

Higher fuel prices help push June Consumer Price Index to 4

Despite motor fuel prices rising to their highest since 2014, annual consumer price inflation held in June at 2.4 per cent, the Office for National Statistics said. There have been some signs of recovery whic...More..

MGM Resorts sues Las Vegas shooting victims to avoid liability
by | Wednesday, July 18, 2018

MGM Resorts sues Las Vegas shooting victims to avoid liability

High-stakes gambler, Stephen Paddock , on October 1, 2017, fired on a crowd gathered for a country music festival at the Mandalay Bay , killing 58 people and injuring hundreds more before shooting himself...More..

by | Wednesday, July 18, 2018

Blue Origin test flight simulates space launch emergency

Astronauts would have had an exhilarating ride and safe landing", Bezos said in a tweet . The reusable New Shepard rocket settles to a picture-perfect touchdown. Blue Origin has provided only vague schedul...More..

Morehouse College cuts ties with Papa John's
by | Wednesday, July 18, 2018

Morehouse College cuts ties with Papa John's

In a letter to Papa John's board of directors obtained by the Wall Street Journal , Schnatter called his decision to resign under pressure "a mistake" and criticized the board for pushing him to step down ...More..

UK Cuts All Ties With John Schnatter
by | Wednesday, July 18, 2018

UK Cuts All Ties With John Schnatter

Schnatter explained, "we're not gonna go there, we're not gonna talk about this.' And they pushed me, and it upset me, and I just said , 'Listen, other people have used that word". Papa John's is struggling to...More..

British rescue diver threatens Elon Musk with lawsuit for 'pedo' tweet
by | Wednesday, July 18, 2018

British rescue diver threatens Elon Musk with lawsuit for 'pedo' tweet

It wouldn't have made the first 50 metres into the cave. just a PR stunt ". The unfounded claim came after Unsworth called Musk's miniature sub a " PR stunt ". Vern Unsworth said he was "astonished and v...More..

by | Tuesday, July 17, 2018

Netflix shares tank after subscriber numbers miss targets

However, GBH Insights saw the Netflix subscriber forecast miss as a "speed bump", rather than start a downward trend, reasoning that the "content arms race continues to be a major tailwind" for the company. O...More..

Amazon Prime Day sale: Here are the top deals on smartphones
by | Monday, July 16, 2018

Amazon Prime Day sale: Here are the top deals on smartphones

The Amazon's Prime Day sale is set to begin on July 16. Will Amazon Prime Day 2018 Be Bigger Than Amazon's Diwali Sale? Those who are in-the-know have been checking out Amazon Warehouse to snag deals ...More..

Prime Day 2018: How to get the best deals, starting Monday
by | Monday, July 16, 2018

Prime Day 2018: How to get the best deals, starting Monday

Amazon will also be offering cashbacks and discounts with the use of Amazon Pay or HDFC Bank. The " Black Friday " of online shopping, Amazon Prime Day , kicks off Monday afternoon - and here's everything yo...More..

Furious Elon Musk calls Thailand cave rescue diver a 'pedo'
by | Monday, July 16, 2018

Furious Elon Musk calls Thailand cave rescue diver a 'pedo'

Unsworth had stated that he felt Musk's submersible had no chance of ever working for that specific rescue because it was too big and rigid for the caverns, and as can be seen at a column on the Inquisitr . Mu...More..

Commerce Lifts Ban on U.S. Suppliers Selling to Chinese Firm ZTE
by | Monday, July 16, 2018

Commerce Lifts Ban on U.S. Suppliers Selling to Chinese Firm ZTE

A photograph circulating among employees around midnight showed ZTE's new chief executive and 10 other managers each giving a thumbs-up to the news, which was flashed on a screen at the company , according to ...More..

Tesla Whistleblower Ups Ante, Making a Formal Complaint With the SEC
by | Sunday, July 15, 2018

Tesla Whistleblower Ups Ante, Making a Formal Complaint With the SEC

Tesla has struggled to ramp up production for the Model 3, which it launched in July of a year ago. At the end of the second quarter, Tesla ramped up production and announced it reached its goal of deliver...More..

United States appeals $80bn AT&T-Time Warner deal
by | Sunday, July 15, 2018

United States appeals $80bn AT&T-Time Warner deal

The department offered no additional comment beyond the one-sentnce filing. "While the losing party in litigation always has the right to appeal if it wishes, we are surprised that the DOJ has chosen to do so...More..

What to Know About Amazon Prime Day’s Whole Foods Deals
by | Sunday, July 15, 2018

What to Know About Amazon Prime Day’s Whole Foods Deals

Here are a few ways to get a short-term Prime membership to cash in on the savings. After your free trial , Amazon Prime is just £7.99 per month, but this can be cancelled at any time. You can, for example, ...More..

China's trade surplus with United States swells in June
by | Saturday, July 14, 2018

China's trade surplus with United States swells in June

On Wednesday, China said it would hit back after Washington escalated their trade dispute, threatening 10 percent tariffs on $200 billion of Chinese goods. The news came as the two economic superpowers stand...More..

Listeria outbreak: Lidl recall MORE vegetables over deadly bacteria
by | Friday, July 13, 2018

Listeria outbreak: Lidl recall MORE vegetables over deadly bacteria

The latest items to be recalled include Tesco's Frozen Mixed Vegetables and Peppers, Lidl's Green Grocer's Carrots, Broccoli and Sweetcorn, and Sainsbury's Mixed Vegetables. But the ministry has not yet ruled o...More..

Trump administration threatens tariffs on another $200 billion in Chinese imports
by | Thursday, July 12, 2018

Trump administration threatens tariffs on another $200 billion in Chinese imports

Also on the list were farm products, seafood, building supplies and certain types of electronics. On Wednesday, the MSCI's broadest index of Asia-Pacific shares outside Japan was down about 1%, while the ma...More..

Erdogan sworn in as Turkey's president with vast new powers
by | Thursday, July 12, 2018

Erdogan sworn in as Turkey's president with vast new powers

The dignitaries included Russian Prime Minister Dmitry Medvedev , a sign of the warm ties between Russia and Turkey, state-run Anadolu Agency reported. Simsek, a former Merill Lynch economist who had spent m...More..

Sky's the limit: Comcast raises bid to $34bn
by | Thursday, July 12, 2018

Sky's the limit: Comcast raises bid to $34bn

The American pay-TV group gatecrashed Murdoch's attempt to buy the 61 per cent of Sky his group did not already own in February, when Fox was firmly stuck in the regulatory process. The expectation from some ...More..

China vows retaliation for US$200B U.S. tariff threat
by | Thursday, July 12, 2018

China vows retaliation for US$200B U.S. tariff threat

According to the US, China uses predatory practices in a push to challenge American technological dominance - and allegedly forces American companies to hand over technology in exchange for access to the US m...More..

China Hits Back at U.S. Trade Offensive
by | Wednesday, July 11, 2018

China Hits Back at U.S. Trade Offensive

A report by New York-based Rhodium Group, a research consultancy, in April showed that Chinese restrictions on foreign investment are higher in every single sector save real estate, compared to the European...More..

Iran's oil minister has hit back at Trump over production demands
by | Wednesday, July 11, 2018

Iran's oil minister has hit back at Trump over production demands

However, Opec and its allies are doing what they can to offset crude output shortfalls that have kept global supplies tight and prices high, but they don't want to overdo it, according to UAE Minister of Energy...More..

U.S. Poised to Publish $200 Billion China Tariff List
by | Wednesday, July 11, 2018

U.S. Poised to Publish $200 Billion China Tariff List

The publication of the list starts a weeks-long process that includes a public-comment period and hearings. "We can not turn a blind eye to China's mercantilist trade practices, but this action falls short of a...More..

Oil dips in nervous markets with U.S., China on brink…
by | Monday, July 09, 2018

Oil dips in nervous markets with U.S., China on brink…

The Organization of the Petroleum Exporting Countries and other countries agreed earlier this month to a modest increase in output to dampen a rally in oil prices, which recently hit a 3-1/2 year high. USA crud...More..

Starbucks announces plan to eliminate plastic straws by 2020
by | Monday, July 09, 2018

Starbucks announces plan to eliminate plastic straws by 2020

The company will broaden the manufacture and use of what some in social media have dubbed the " adult sippy cup ". Starbucks says that customers in Seattle and Vancouver will be the first to go strawless be...More..

June Sees Employment Rates Increase 213000
by | Sunday, July 08, 2018

June Sees Employment Rates Increase 213000

Automakers added 12,000 jobs in June, but the tariffs could weigh on that industry's job growth in the coming months. DePratto stressed he didn't see anything in the jobs report to deter Poloz from hiking t...More..

by | Sunday, July 08, 2018

USA jobs growth stronger than expected

This suggests renewed economic optimism among less-skilled or less-educated workers. "We may be heading into a trade war but the good news is, the economy at least seems to have some good momentum", said Mich...More..

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