Economy

OPEC May output highest since January

OPEC May output highest since January

Late past year, OPEC agreed to cut production by 1.2 million barrels a day to reduce a supply glut. Moreover, nothing suggests Qatar will leave OPEC , and Qatar isn't a core oil producer, mea...

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Russian Hackers Blamed for Qatar Diplomatic Crisis

Russian Hackers Blamed for Qatar Diplomatic Crisis

Saudi Arabia then cited the false item as part of its reason for instituting a diplomatic and economic blockade against Qatar , the report said . Federal Bureau of Investigation experts visited Qa...

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Ocado Group plc (LSE:OCDO) QI & Valuation Watch

Advisors Cap Management Limited Com accumulated 82,952 shares. The stock decreased 2.51% or $0.12 on June 8, reaching $4.67. Blackrock Institutional Tru Company Na reported 772,093 shares. On Wednes...

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Comey testimony: Trump responds, claims 'total and complete vindication'

Comey said in his opening statement that his leadership team at the FBI agreed not to share this with Sessions for the following reason: "We concluded it made little sense to report it to Attorne...

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Disappointing industrial output shows scale of challenge for new government

Industrial Output Growth Weaker Than Expected", at 0835GMT, misstated currency conversion in 6th paragraph. Allan Callaghan, managing director of homebuilder Cruden Building & Renewals, said: "A dec...

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Numeric Investors LLC Has Boosted Holding in Gilead Sciences INC (GILD)

Net 1 Ueps Technologies Inc now has $563.44M valuation. It is 0.00% or $0 reaching $22.37 per share. About 2.89M shares traded. Conn's Inc (NASDAQ:CONN) has risen 45.89% since June 8, 2016 and is uptr...

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Southwest monsoon hits coastal Karnataka, to cover entire state in two days

Southwest monsoon hits coastal Karnataka, to cover entire state in two days

Karnataka State Natural Disaster Monitoring Cell had earlier forecast that the monsoon would arrive in Karnataka by May 29. Pernem recorded 116.4mm and Panaji 89.1mm. Heavy to very heavy rainfall ha...

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Britain may need to ask for delay to Brexit process: JPMorgan

Britain may need to ask for delay to Brexit process: JPMorgan

However, Labour have also committed to creating a 250 billion pound fund for investment in infrastructure which will be spent over a 10-year period, indicating it will be funded by borrowing. Mr Cor...

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Ryan Says Trump's Reaction To Comey Is Understandable, 'He's New At This'

Comey publicly made clear for the first that he feels he was sacked because of the Russian Federation investigation that has so bedeviled Trump and his young presidency. Comey said that he took deta...

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European Central Bank rules out further interest rate cuts, in step towards stimulus exit

European Central Bank rules out further interest rate cuts, in step towards stimulus exit

All these inflation forecasts are all below the ECB's statuary target of an inflation rate of just under 2 percent. Capital Economics said that purchasing manager surveys pointed to a potential ...

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USA adds jobs, unemployment drops slightly in May

USA adds jobs, unemployment drops slightly in May

Several economists have said the weather effects had played out by May, and so job growth was expected to roughly hew to its most recent three-month average of 174,000. Nonsupervisory wages rose 2...

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ECB's Draghi drops reference to 'downside risks' to economy

ECB's Draghi drops reference to 'downside risks' to economy

CURRENCIES: The euro was down 0.4 percent at $1.1207 while the dollar rose 0.3 percent to 110.13 yen. - Futures on the S&P 500 added 0.1 percent after the underlying gauge added 0.2 percent Wednesda...

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Coca-Cola No Sugar launched in Aus

Coca-Cola No Sugar launched in Aus

BMO Capital Markets reaffirmed a "buy" rating and issued a $46.00 price target on shares of The Coca-Cola in a research note on Wednesday, April 26th. It fall, as 76 investors sold The Coca-Cola Co...

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What to Expect From Brazil's Top Electoral Court Ruling

What to Expect From Brazil's Top Electoral Court Ruling

Brazil is still shaken by the trauma of Rousseff's impeachment and Temer has argued repeatedly that he is needed to restore stability and see through austerity reforms meant to rebuild Brazil's sick...

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RBI lowers GDP projection, keep lending rates unchanged

RBI lowers GDP projection, keep lending rates unchanged

Chief Economic Adviser Arvind Subramanian on Wednesday disagreed with the Reserve Bank of India's decision to keep repo rates unchanged at 6.25%. Meanwhile, the RBI has cut the statutory liquidi...

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RBI leaves policy rate unchanged, cuts inflation projection

India's central bank on Wednesday kept the key repo rate unchanged at 6.25 percent in line with the expectations. Amongst the six monetary policy committee members, five voted to keep the rate on...

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Emir won't go to Washington talks while Qatar "under blockade"

A White House summit seemed an unlikely possibility. "Solving one problem in the region inevitably exacerbates others and can easily lead to escalation". "Why, all of a sudden, is there a crisis ove...

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Stock Grabbing Investor's Attention: Novavax Inc (NVAX)

The stock's average target of $5.29 is 399.06% above today's ($1.06) share price. Zacks Investment Research upgraded shares of Novavax from a "sell" rating to a "buy" rating and set a $1.75 price ...

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President Trump 'told lies', Comey testifies

President Trump 'told lies', Comey testifies

But Comey would not say whether he thought the president sought to obstruct justice but did say that Flynn was "in legal jeopardy" with the FBI investigation. Mr Comey told the Senate Intelligence C...

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British shock: PM May's election gamble appears to backfire

George Osborne , the former finance minister who stepped down at the election, told ITV that the results were "catastrophic" for his party. SNP leader and First Minister Nicola Sturgeon said it had ...

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Blumenthal: If Sessions had 3rd, undisclosed Russian meeting, it 'could be perjury'

Blumenthal: If Sessions had 3rd, undisclosed Russian meeting, it 'could be perjury'

This gave Mrs. Clinton's supporters a reason to claim they'd been robbed, which in turn stoked the "resistance" that has overrun US politics. Comey tried to explain that the investigation of Clinton...

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Pressure on authorities intensifies as London toll rises to eight

Most of the London Underground stations reopened yesterday in the neighbourhood where the attack took place, allowing normal life and commerce to resume after more than 24 hours of lockdown. O'Lea...

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DOJ Says Comey Wasn't Honest In Senate Hearing

Mr Comey also suggested that both Mr Sessions and Jared Kushner hung around after others left the February 14 meeting, raising the possibility that they knew Mr Trump was going to behave inapprop...

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Qatar slams Saudi, allies terrorism list as 'baseless'

However, Thani said Trump met with the Qatari emir and "discussed allegations of funding terrorism by countries in the region". The four countries have suspended all flights to and from Qatar , pul...

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Penguins to stick with goalie Matt Murray for Game 5

Matt Murray stopped all 24 shots he faced Thursday to earn the shutout. Gaudreau is the second National Hockey League player and first in 73 years to score the first three goals of his career in th...

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Macron vows retaliation if chemical weapons used in Syria

Macron vows retaliation if chemical weapons used in Syria

Putin said Macron proposed a framework for French and Russian anti-terror experts to meet and work together. "They behaved like deceitful propaganda ", said Macron . Macron made his remark in ans...

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The Bull Party Isn't Over Yet — ECB Meeting

The Bull Party Isn't Over Yet — ECB Meeting

The ECB also lowered inflation forecasts for 2018 (1.3%) and 2019 (1.7%) but modestly lifted growth estimates for the next two years. GBP/USD is supported in the range of 1.2891 levels and now tradi...

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Obstruction cases are hard to build and prosecute

He said he was reacting to Trump's cryptic tweet saying Comey better hope there are no tapes of their disputed conversations about the Russian Federation investigation into election-season hac...

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Family of London attacker Khuram Butt 'appalled' at terror acts

A 33-year-old was arrested, aged 29, for on suspicion of possession with intent to supply controlled drugs. United Kingdom security was on high alert following the attack at London Bridge , in whic...

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Will US Crude Oil Inventories Fall for the Ninth Week?

Will US Crude Oil Inventories Fall for the Ninth Week?

Crude oil imports meanwhile rose by 356,000 barrels per day versus the prior week, the EIA said, with refineries running at 94.1% of their operating capacity. Royal Dutch Shell Plc lifted restriction...

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