Business

Crude Oil Prices rebound Slightly In Asia With Venezuela Debt In Focus

Crude Oil Prices rebound Slightly In Asia With Venezuela Debt In Focus Oil markets were stable on Thursday as rising U.S. crude production and inventories were countered by the expectation that Opec will extend a production cut during a meeting at the end of this month. This week's US oil rig count data, an early indicator of future output, is due at 1 p.m. Signs of rising USA output have dampened the impact of the deal restricting output agreed by the Organization o... [Full Article...]

TransCanada shuts part of Keystone pipeline after South Dakota oil spill

TransCanada shuts part of Keystone pipeline after South Dakota oil spill Officials don't believe the leak affected any surface water bodies or threatened any drinking water systems from the spill onto agricultural land, said Brian Walsh, an environmental scientist manager at the South Dakota Department of Environment and Natural Resources, which has dispatched a staff member to the site. [Full Article...]

Japanese firm 'deeply' sorry after train leaves 20 seconds early

Japanese firm 'deeply' sorry after train leaves 20 seconds early And no they weren't talking about a train being delayed (sound familiar.?), it actually left 20 seconds too early . But on Tuesday, a train on the Tsukuba Express line in Tokyo failed to stick to its timetable - by leaving 20 seconds early , reported Japan Today, citing SoraNews24. [Full Article...]

Florida police suspect same killer in 4 slayings

Florida police suspect same killer in 4 slayings All were alone and had gotten off a bus when they were gunned downed at night for no apparent reason. "The suspect is described as a black male, 6′ to 6′ 2" tall with a thin build and a light complexion. Benjamin Mitchell, 22, was shot dead at a bus stop October 9; the body of Monica Hoffa, 32, was found in an empty lot nearby four days later; and Anthony Naiboa, 20, was shot October 19 only blo... [Full Article...]

Cisco Systems, Inc. (CSCO) Releases Q2 Earnings Guidance

Cisco Systems, Inc. (CSCO) Releases Q2 Earnings Guidance The stock increased or $0 during the last trading session, hitting $. About 150,820 shares traded. Cisco Systems, Inc . (NASDAQ: CSCO ) has risen 13.20% since November 15, 2016 and is uptrending. 9,400 are owned by Capital Int Sarl. Invesco Limited holds 0.82% of its portfolio in Cisco Systems, Inc . Nadler Grp Inc, Illinois-based fund reported 13,990 shares. [Full Article...]

Richard Cordray Stepping Down as Director of the CFPB

Richard Cordray Stepping Down as Director of the CFPB Richard Cordray , the embattled director of Consumer Financial Protection Bureau , announced Wednesday that he will leave the agency by the end of November. He could not hold his position as director of the CFPB and run at the same time. It regulates the way banks and other financial companies interact with consumers, policing everything from payday loans to mortgages. [Full Article...]

Raymond James & Associates Marginally Raises Its Investment in Coca-Cola Company (KO)

Raymond James & Associates Marginally Raises Its Investment in Coca-Cola Company (KO) On Thursday, October 22 the stock rating was maintained by UBS with "Buy". Jefferies maintained RPC, Inc. Morgan Stanley has "Equal-Weight" rating and $48 target. It has a 15.86 P/E ratio. The Company's divisions are Technical Services and Support Services. Since May 24, 2017, it had 0 insider purchases, and 2 insider sales for $17.26 million activity. [Full Article...]

Uber facing lawsuit alleging 'thousands' of instances of sexual assault

Uber facing lawsuit alleging 'thousands' of instances of sexual assault The duo, from United States, on behalf of "all other similarly situated" female passengers who have suffered " rape , sexual harassment or gender-motivated harassment at the hands of Uber drivers" have demanded action against Uber. Bustle has reached out to Uber for comment. The complaint noted that drivers for California-based private transportation carriers, where Uber is based, must meet ... [Full Article...]

Boeing and Airbus reveal dueling multibillion-dollar deals at Dubai Airshow

Boeing and Airbus reveal dueling multibillion-dollar deals at Dubai Airshow Airbus has struck its biggest single deal with an order for 430 aircraft worth $49.5bn at list prices from a USA owner of a string of budget airlines. He said: "It's gratifying that [this order] comes from a group of airline professionals who know our products as well as the folks at Indigo Partners do". [Full Article...]

General Electric Company (GE) Shares Sold by Granite Investment Partners LLC

General Electric Company (GE) Shares Sold by Granite Investment Partners LLC The correct version of this report can be read at https://www.truebluetribune.com/2017/11/14/chicago-partners-investment-group-llc-lowers-stake-in-general-electric-company-ge.html. The company had revenue of $29.30 billion for the quarter, compared to analyst estimates of $29.64 billion. During the same quarter past year, the firm posted $0.29 earnings per share. [Full Article...]

AWS sells China hardware to local cloud partner

AWS sells China hardware to local cloud partner Amazon Web Services confirmed in a statement reported by WSJ that this move was meant to meet compliance requirements in China. Amazon is committed to establish in China, and is looking forward for significant business opportunities and growth potential for the next few years. [Full Article...]

With spike in food, vegetable prices, retail inflation hits seven-month high

That was its first increase in a decade and was due to the fact that inflation has spiked sharply higher since Britain voted in June a year ago to leave the European Union, a decision that prompted a sharp fall in the value of the pound. Sub-category of food and beverages during the month under consideration recorded a rise of 2.26 per cent over the same period previous year. After all, the centra... [Full Article...]

EgyptAir eyes 12+12 CS300s; Iraqi Airways still keen

The deal is valued at $1.1 billion before discounts. Bombardier is engaged in a trade dispute with Boeing, which complained that the CSeries had been subsidized and sold below cost in the United States. The CSeries was two-and-a-half years late and more than $2 billion over budget when it entered service at Deutsche Lufthansa AG's Swiss unit in July 2016. [Full Article...]

Sweet success: West Bengal gets GI tag for rosogolla

Sweet success: West Bengal gets GI tag for rosogolla Odisha's MSME Minister Prafulla Samal said the state government would urge officials of Chennai-based GI Registrar to visit Odisha for verification of the origin of rasagolla. However, Odisha had claimed that 600 years ago they had Rosgulla. Rosogulla has finally been lapped up by West Bengal and now the argument will finally be laid to rest. [Full Article...]

GGP to be Acquired by Brookfield Property for $14.8 Billion

GGP to be Acquired by Brookfield Property for $14.8 Billion Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, energy and communications infrastructure businesses in North and South America, Europe and Asia Pacific. State of New Jersey Common Pension Fund D raised its stake in shares of Brookfield Property Partners L.P.by 3.8% in the 3rd quarter. Jarislowsky Fraser Ltd acquired a new position in shares of Brookfield Property Pa... [Full Article...]

Missouri Attorney General Launches Probe Into Google's Business Practices

Federal regulators in the US have also investigated Google over antitrust claims. Hawley on Monday announced the investigation, which comes on the heels of a $2.7 billion fine issued to the company by the European Union for antitrust violations. [Full Article...]

More Sunshine, Warmer Monday

More Sunshine, Warmer Monday Monday and Tuesday look sunny with high pressure in control. Highs climb from the mid 60s today to the upper 60s Wednesday . Wednesday: The clouds will return on Wednesday along with a 60 percent chance for rain in the afternoon and evening hours. [Full Article...]

Lyft expands to Toronto, moving beyond USA for the first time

In an effort to entice drivers, Lyft is offering a 25 percent bonus for the first 3,000 drivers who are approved and who complete 20 rides a week during the company's first three months of operation in Toronto. In September, the province announced it would renew a pilot project agreement for one more year, but added new provisions that included 35 hours of mandatory training, police background che... [Full Article...]

Idea Cellular Q2 net loss widens to Rs1107.7 crore; shares fall

Idea Cellular Q2 net loss widens to Rs1107.7 crore; shares fall Canada's Brookfield, which called off talks to buy a stake in struggling Indian network operator Reliance Communications masts arm, has said it is open to acquiring the business under revised terms, while it looks at other potential opportunities in the India. [Full Article...]

Worldwide fossil fuel burning to hit record high in 2017

Worldwide fossil fuel burning to hit record high in 2017 The research reveals that global emissions from all human activities will reach 41 billion tonnes in 2017, following a projected 2% rise in burning fossil fuels. The report , in fact, noted that there are 22 countries (representing 20% of global emissions) which recorded decline in their emissions during the last decade (2007-16) even as their economies grew. [Full Article...]


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