• Oil Market Is Rebalancing Yet OPEC's Work Not Finished, IEA Says

    Economia

    OPEC members agreed in November to cut production by 1.2 million barrels per day for six months beginning from the start of the year, in a bid to reduce the glut in oil supplies and shore up prices that had fallen to historic lows. The six-month accord, agreed to previous year, is up for review when OPEC and other exporters meet next week. Amid the cutbacks, production in the USA, which isn't part of the agreement, has risen to the highest level since August 2015.
  • 8 coaches of Lokmanya Tilak train derails at Unnao, no casualties reported

    8 coaches of Lokmanya Tilak train derails at Unnao, no casualties reported

    Economia

    No casualties were reported though some passengers received minor injuries, an official said. "Trains and buses have been arranged for the passengers". PRO, North-Central Railway Amit Malviya, said three helpline numbers have been started at Kanpur Railway station. Unnao Station Master Vishram Singh said General Manager of Northern Railway is reaching the accident site.
  • FinnCap Reiterates "Hold" Rating for Shoe Zone PLC (SHOE)

    Economia

    Analysts are also projecting an Average Revenue Estimate for GlaxoSmithKline plc as $3000 in the Current Quarter. It closed at $30.46 lastly. Cavium Inc (NASDAQ:CAVM) has risen 6.00% since April 19, 2017 and is uptrending. Victrex plc had its "Hold" rating reiterated by analysts at Deutsche. The company was maintained on Thursday, December 3 by AlphaValue. The rating was maintained by Liberum Capital with "Hold" on Tuesday, September 27.
  • Iran sanctions 9 American firms as countermeasure

    Iran sanctions 9 American firms as countermeasure

    Economia

    In a statement, U.S. ambassador to the Middle East Stuart Jones said the United States would continue to waive sanctions that were lifted under the Iran's deal. U.S. -Iran relations have become more hostile than ever as the White House takes an aggressive posture toward Tehran over test-firing a ballistic missile that could raise tensions in the already chaotic region.
  • Cathay Pacific to cut 600 jobs, including 190 management staff

    Cathay Pacific to cut 600 jobs, including 190 management staff

    Economia

    The airline - comprising Cathay Pacific and Cathay Dragon - has lost $3 billion Hong Kong dollars in the past year. In addition to cheaper tickets, the result of low fuel prices that led airlines to increase capacity, premium Asian carriers like Cathay and Singapore Airlines Ltd have had to contend with competition from mainland Chinese airlines that are expanding global routes aggressively.
  • Trump overseas as Russian Federation probe heats up — Sunday shows preview

    Economia

    The reports came just as Trump flew to Saudi Arabia to kick off his first foreign trip as USA leader - highlighting how the controversy over his team's alleged links to Moscow is dogging his fledgling presidency. But it lead to criticism from Mr Trump's political rivals, including Democratic Leader Nancy Pelosi, who said earlier this week: "If these reports are true, the President's brazen attempt to shut down the FBI's investigation of Michael Flynn is an assault on the rule of law that is ...
  • Major global flight delays at Sydney and Melbourne airports

    Major global flight delays at Sydney and Melbourne airports

    Economia

    Immigration New Zealand confirmed the Advance Passenger Processing system went offline at 9.30am local time, but was back up and running around midday. Aviation expert Irene King said the APP system was brought in 10 to 12 years ago to provide almost-instant checks that passengers were allowed to fly to global destinations.