Business

President Trump To Host China's President Xi Jinping At Mar-a-Lago

The meeting, confirmed by both countries yesterday, could be crucial in setting the tone of the relationship between the two countries in coming years. The two ...


Westinghouse troubles loom over SC, Georgia nuke projects

According to Sazawal, the bad news is mainly for the U.S. utilities that own Westinghouse nuclear projects under construction in the US. Japan fears a coll...


Oil falls as traders shrug off OPEC-led pledge to mull extension

The agreement has elevated the price of crude to more than $50/bbl, but it helped USA shale oil producers boost their output, hampering efforts to reduce global...


EPA denies petition to ban pesticide used on crops

The EPA says it will keep studying the chemical. That's a pretty interesting conclusion given that the EPA hasn't developed any new scientific evidence since ...


US economy grew at steady 2.1 percent rate in Q4

There are indications that activity moderated further at the start of 2017. Profits were held back by a $4.95 billion settlement between the USA subsidiary of...


CIBC sweetens its offer for Chicago-based PrivateBancorp

In the initial agreement in June, CIBC had offered $47 a share, which was a 31 percent premium at the time. "I think they got trapped", said John Kinsey, portfo...


A look at latest ruling on Trump administration travel ban

U.S. District Judge Derrick Watson on Wednesday indefinitely extended an order blocking President Donald Trump's travel ban to the United States from six predom...


Analysts Review: Chesapeake Energy Corporation (NYSE:CHK)

Finally, Royal Bank of Canada reissued a hold rating and set a $7.00 price objective on shares of Chesapeake Energy in a report on Friday, February 24th. WARN...


Gas tax hike would provide $52B for California roads

State gas taxes will increase for the first time since 1994 by 12 cents per gallon, while diesel taxes will spike 20 cents per gallon. People who drive zero-e...


Debate renewed over economic benefits of Keystone pipeline

Robert Kwan at RBC Capital Markets said the presidential permit was widely anticipated and he isn't including Keystone XL in his valuation of TransCanada ....


Trump shakes up White House staff after setbacks

The Trump administration can't legally coordinate with these groups but Walsh's presence will signal to donors that here's a blessed place to park their cash. O...


Cenovus Energy stock slides after C$17.7B

The transaction will be Cenovus's biggest since it was separated from Encana Corp.in 2008. "It is immediately accretive to key per share metrics and enables sig...


Russia says oil cuts may be extended amid high compliance

The crude import data from Asia's biggest buyers show the scale of the challenge facing Saudi Arabia and Russian Federation, the two countries that are the ly...


Brazil meat scandal is called 'a punch in the stomach'

Hong Kong's health secretary Ko Wing-man announced a "comprehensive recall" of all "chilled, frozen and poultry meats" which had already been imported from th...


Unexpected Outcome to Brexit Start Narrows Australian Dollar to Pound Gap

With the Article 50 triggering fully priced in, attention is likely to quickly turn to what kind of impact the Brexit process will have on the United Kingdom ec...


Canada invests $100M in Ford to keep 800 jobs

Ford Motor Co.is adding more than 400 engineers and creating a research and engineering center in Canada's capitol to enhance connected vehicle technology. Stan...


IEA says oil prices will not jump sharply, despite OPEC supply cuts

USA crude futures surged to almost a two-week high after EIA reported that crude inventories rose 867,000 barrels last week, almost half the build expected. T...


Lululemon nosedives 21%: Its spring leggings are boring

The firm has "Outperform" rating by Oppenheimer given on Wednesday, March 23. Lululemon admitted on Wednesday that it's had a "slow start" to the year, which ...


Are Russian protests about corruption, Vladimir Putin the start of something?

Spokesman Mark Toner said "the United States will monitor this situation, and we call on the government of Russia to immediately release all peaceful prot...


Toshiba's United States nuclear unit is bankrupt

The impending declaration of bankruptcy, however, will not prevent the general results of Toshiba - which owns 87 per cent of the shares of the United States ...


UAE coach resigns after Socceroos loss

As long as I come on, do my part and do the best I can. He said: "After five years, I have done my best, we have many achievements". I'm a lot more educated a...


Pruitt: Trump to sign order on power plant regulations Tuesday

The social cost of carbon is essential to ensuring sound, consistent analysis of climate policy based on public health impacts. "Calling climate change a "hoa...


Seattle announces lawsuit over Trump sanctuary cities threat

Doing so would put state and local jurisdictions at risk of losing vital federal funding and grants needed for law enforcement programs. Whether or not the Tr...


Malaysia does not have a target for the ringgit - BNM governor

A Reuters poll had forecast a February level of 4.1 percent, just short of the 4.2 percent peak hit in February a year ago. "OPR (Overnight Policy Rate) is ...


Don't want trade war with US: Chinese Premier

But it is his threats on the campaign trail to label China a currency manipulator and to impose huge tariffs on Chinese goods that worry Beijing the most. " C...


'Flash' Recap: Barry Comes Up With Familiar Plan, Caitlin Dies...Sorta

Two concepts have plagued young Barry Allen on The Flash this season. In particular, I enjoyed Barry's confidence that they would indeed make it to that Hami...


OPEC, non-cartel nations may extend oil cut another 6 months

Refinery crude runs rose 425,000 barrels per day as utilization rates gained 1.9 percentage points to 89.3 percent of total capacity, the EIA data showed. Front...


Latham blasted for labelling schoolboy gay over feminism video

Ms Plibersek said that school captain Hugh Bartley and his classmates at Sydney Boys High were "better men than Mark Latham has ever been". Mr Birmingham ...


Pending home sales surge to 10-month high

Last month's index reading is 2.6 percent above a year ago, reaching its highest level since April 2016 (113.6) and the second highest since May 2006 (112.5). "...


Trump administration seeks delay in ruling on climate plan

At least six plants that relied on coal have closed or announced they will close since Trump's victory in November, including the main plant at the Navajo Gener...


Lululemon shares drop after weak outlook

Wedbush set a $70.00 target price on Lululemon Athletica inc. and gave the stock a "buy" rating in a research report on Tuesday, December 6th. Lululemon Ath...


Elon Musk's Neuralink Will Connect Our Brains to Computers

Neural lace, in its most basic form, is a computer interface system woven into the brain. Artificial intelligence projects underway by other companies include d...


US crude inventories rise by 5 million barrels, EIA says

The price of Brent crude is now trading at $51.92 while West Texas Intermediate (WTI) is at $48.45 a barrel with analysts suggesting oil prices could face f...


New Zealand beats Fiji 2-0 in World Cup qualifier

The teams of New Zealand and Fiji have met 12 times in history, once tied, once won the team of Fiji and 10 wins on the account of New Zealanders, including t...


China voices opposition to Japanese official's Taiwan visit

During his stay in Taiwan, he did not meet any high-ranking officials of the Taiwanese government, according to sources. She warned that the visit has hindere...


European Union leaders toast Europe's future, its people

European Union officials suggested a more positive tone could have been set for the start of the negotiations had May opted to come to Rome for Saturday's lar...


Toshiba says Westinghouse files for bankruptcy protection

The bankruptcy filing is the latest embarrassment for the two industrial giants. USA regulators and countries around the world were then also evaluating other p...


Oil rises on Libyan supply disruptions, likely OPEC output cut extension

But the committee in its final statement removed a section in the draft that said it recommended a six-month extension. Oil prices have been falling since the...


White House calls for domestic cuts to finance border wall

If you actually go to the source of all this-a long article in a respected energy/environment industry publication-it's clear that not only was Zinke not sugg...


OPEC Compliance Nears 100% On Libyan, Nigerian Outages

USA crude West Texas Intermediate (WTI) futures CLc1 ended up $1.14 cents, or 2.4 percent, at $49.51 a barrel after peaking on the data at $49.54, also the high...


Brexit Gets Real: Prime Minister May Has Triggered UK's Exit From EU

At the same time, British ambassador to Brussels Tim Barrow delivered a letter signed by the PM to the European Council President Donald Tusk in Brussels. "Labo...


Environmental groups vowing to fight Trump climate actions

US President Donald Trump has signed an executive order reviewing the Clean Power Plan, which established greenhouse gas (GHG) emission reduction requirements...


Head of Trump-Russia probe under fire, won't step down

Both Speaker of the House Paul Ryan and Nunes himself said there would be no recusal, with Nunes saying Tuesday he has "no idea" why Democrats would call for ...


Trump's Keystone XL decision sets up new fight in Nebraska

In January 2016, TransCanada initiated legal proceedings that involved filing a NAFTA claim in which it sought to claw back more than $15 billion in costs and...


May to trigger Article 50 on 29 March

Philip Hammond "does not recognise" European Union demands for Britain to pay a Brexit "divorce bill" of up to £50 billion after Article 50 is triggered next we...


Ford Motor Company (NYSE:F) Analyst Coverage

Analysts await Ford Motor Company (NYSE:F) to report earnings on April, 27. These shares are valued at almost $2.00 million which has been calculated on the b...


Uber Suspends Autonomous Car Testing - Again

As a result of the incident, the firm had halted self-driving operations in the area. A driver and an engineer were present on the front seats of the Uber Volvo...


Excitement grows on news of Tencent-Tesla tie-up

The stock was sold at an average price of $228.61, for a total transaction of $228,610.00. Different analysts and financial institutions use various valuation m...


BlackRock Positions Equity Investment Platform for Future of Active Management

Part of BlackRock's strategy is to separate its active equity products into four distinct product ranges: Core Alpha, High Conviction Alpha, Outcome Oriented,...


Westinghouse, in bankruptcy, vows to reorganize

Westinghouse , which made the filing at the U.S. Bankruptcy Court for the Southern District of NY, said it has secured $800 million in financing to fund and pro...