Economy

Thousands hit by power outage in San Francisco

Thousands hit by power outage in San Francisco

One downtown commuter rail station has been shut down. The Montgomery station is a key stop all BART lines coming into the city. San Francisco Fire Department and Pacific Gas and Electric crews ha...

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The Economist explainsThe French presidential election

The shooting abruptly pushed national security up the agenda, potentially making the outcome of Sunday's first round vote even more hard to call. On Thursday, France was rocked by another terroris...

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Ontario housing package to cool GTA market coming today

Ontario housing package to cool GTA market coming today

The 15-per-cent " non-resident speculation tax " was among 16 housing measures the provincial government announced Thursday, which also included a promise to expand rent control, allow Toronto to im...

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United execs get dragged to testify on Capitol Hill

Airline executives said it was too soon to see any effect of the incident on leisure travellers, or on travellers from China, where the controversy sparked especially sharp criticism because of Dao's ...

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British Labour lawmaker says her party is not trying to win election

It also has the hallmarks of a campaign by the former shadow education secretary Tristram Hunt in the run-up to the 2015 general election. The Labour party has seen a significant decline in polls si...

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Schlumberger sees pricing improve but costs weigh on margins

Schlumberger sees pricing improve but costs weigh on margins

The stock was sold at an average price of $81.54, for a total transaction of $407,700.00. The company, which lists Houston as one of its headquarters, plans to reactive its entire fracking fleet b...

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Oil expected to reach $65 by end of year

Oilgram Price Report also brings a vast array of Platts Global prices for crude and products, netback tables, and market critical data. West Texas Intermediate for May delivery fell 25 cents to $52....

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Force India boss Vijay Mallya arrested

Vijay Mallya, a multimillionaire Indian businessman, was arrested in London on fraud accusations Tuesday. An arrest prior to extradition hearing is as normal as the bail, a senior official said adding...

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'Mother of all Marches' claims two lives in Venezuelan protests, in pictures

'Mother of all Marches' claims two lives in Venezuelan protests, in pictures

Venezuela's Executive Vice President Tareck el Aissami rejected accusations by opposition groups who blamed the government of Nicolas Maduro for the deaths. The minister said a preliminary investigati...

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Le Pen slips behind Macron in French election race

Le Pen slips behind Macron in French election race

Macron faces off against anti-establishment populists and other candidates in a first-round vote Sunday. EUR USD began this week trending at the level of 1.06, but the pair has since recovered to le...

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Nintendo Switch Great Comeback Story: Fastest Seller in Nintendo History

Following those statements and data from other territories, IGN took a look at what the initial information about the Switch's launch success actually told us. "While Nintendo Switch sales are off to ...

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UK MPs back plans for 8 June poll

Her decision came on a day when ITV became the first broadcaster to confirm a debate ahead of the poll in June, announced by May yesterday. A two-thirds majority of MPs must agree to a move that will ...

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Nova Scotia dairy farmer 'udderly' upset with Donald Trump's trade comments

Canada changed its policy on pricing its domestic milk to cover more dairy ingredients, leading to lower prices for Canadian products including ultra-filtered milk that compete with the USA product. W...

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Honeywell Earnings Are Good Despite Weak Comps

Honeywell Earnings Are Good Despite Weak Comps

Honeywell International Inc. shares were mostly flat in premarket trading Friday. Analysts on average had expected first-quarter earnings of $1.62 per share and revenue of $9.33 billion. Now inside...

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UN Security Council Blasts N. Korea Missile Test, Threatens Sanctions

Multiple US officials said all current anti-missile ships and other ground-based interceptors in Alaska are available. North Korea claimed earlier this year that it had successfully tested a new...

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H-1B not immigration but trade, services issue

H-1B not immigration but trade, services issue

The MEA spokesperson also said India had already conveyed to the United States about the contribution of Indian IT professionals to the the country's competitiveness and innovation. "The US govern...

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No United Airlines Firings Over Passenger Dragging At O'Hare: CEO

No United Airlines Firings Over Passenger Dragging At O'Hare: CEO

Munoz says he takes full responsibility "for making this right " after the April 9 incident aboard a United Express plane in Chicago. Lawyers for Mr Dao reported that their client, a physician from...

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Hamilton takes no solace in second place

Bottas added: "The pace wasn't good and Sebastian [Vettel] put us under real pressure". Max Verstappen, who was strong in the previous race, did not finish after an issue with his brakes in lap 11. an...

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Bayern lodges complaint to UEFA against Spanish police

Even at 32-years-of-age, Cristiano Ronaldo is still setting records as he ended an eleven-hour drought of Champions League goals when he scored twice in the first-leg of Real Madrid's Champions Le...

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Election delays review of 21st Century Fox's Sky takeover bid

Election delays review of 21st Century Fox's Sky takeover bid

This will give United Kingdom regulator Ofcom another month to scrutinize the acquisition to assess issues of media plurality. European competition authorities had already waved the deal through. Th...

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Bill O'Reilly out at Fox News amid sexual misconduct allegations

Bill O'Reilly out at Fox News amid sexual misconduct allegations

The agreements totaled about $13 million. And why did all the advertiser that pulled off his show now, stick with his show this long? O'Reilly's exit, which was first reported by NY magazine, ...

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Oil steadies as OPEC boost offsets dent from US supply

Oil steadies as OPEC boost offsets dent from US supply

Oil was trading lower Wednesday morning, down 9 cents to $52.32 at about 9:50 a.m.in NY. The bank is referring to the Organization of the Petroleum Exporting Countries' production cutback initiative...

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Crude Oil Prices Slide As US Adds Output

Crude Oil Prices Slide As US Adds Output

OPEC is due to meet on May 25 to weigh an extension of output cuts beyond June to alleviate a glut that has depressed prices for almost three years. Again, this is not the first time the nation will...

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Election could time-out probate fee 'tax'

Election could time-out probate fee 'tax'

The MoJ's proposals were sharply criticised earlier this month, when the Parliamentary joint committee on statutory instruments said the charges appear 'to have the hallmarks of taxes rather than fees...

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Apparel retailer Bebe Stores says to shut all stores

Apparel retailer Bebe Stores says to shut all stores

Bebe had previously said it would close 21 stores, or 12% of its portfolio, to avoid filing Chapter 11. The company will also pay advisers B Riley &Co and Tiger Capital Group $550,000 and 15% of the...

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Pagegroup PLC (PAGE) Upgraded by Credit Suisse Group AG to "Neutral"

JRP Group PLC (LON:JRP) had its price target lowered by Barclays PLC from GBX 177 ($2.23) to GBX 168 ($2.11) in a research note released on Tuesday. Previously on 1/11/2017, Peel Hunt reported on Pr...

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Controversy in United States over Wrong Info on Aircraft Carriers Whereabouts

Controversy in United States over Wrong Info on Aircraft Carriers Whereabouts

The US military's Pacific Command said on Tuesday that it had cancelled a port visit to Perth, but had completed previously scheduled training with Australia off its northwest coast after departing ...

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Bill O'Reilly to receive one year pay

O'Reilly denies all allegations of harassment. "As a strong woman , I say , you know, we should feel more empowered than that", she said. Burgess was only a temporary employee at Fox News and work...

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Cuomo calls on POTUS to fight Canadian dairy pricing; Trump vows action

The issue, which was exacerbated last week after a Wisconsin-based dairy processor that supplies Canadian customers said it'd stop buying milk from more than 70 USA farms, revolves around what's calle...

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Iran not living up to 'spirit' of nuclear deal

However, Tillerson claims that the said agreement was a failure, which led to Iran going down the same path as North Korea, which was also left "unchecked". Under the deal, struck between Iran ...

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