• Venezuela turmoil could push oil market into deficit: IEA
Venezuela turmoil could push oil market into deficit: IEA

In OPEC's monthly market report, the group raised its expectation for supply growth from the U.S. and other producers to 1.66 million barrels a day. Previously, crude oil's largest share of total USA petroleum exports was 13% in 1999, when total volumes of US petroleum exports were less than 1.0 million b/d, which was much lower than the 6.3 ...

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  • Bottled water 'could contain thousands of plastic particles'
Bottled water 'could contain thousands of plastic particles'

HOUSTON-A new study by the State University of NY at Fredonia and the journalism group Orb Media claims that 93 percent of bottled water show signs of microplastic contamination. There were an average of four plastic particles per liter. Some plastic under 150 microns (0.15 millimetres) could enter the gut's lymphatic system, or pass from...

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  • Broadcom formally drops Qualcomm takeover bid after presidential order
Broadcom formally drops Qualcomm takeover bid after presidential order

CFIUS, which raised concerns about the Qualcomm deal with Trump, listed the highly leveraged nature of Broadcom's bid for its larger rival as a major concern coupled with the risk of the USA losing mobile technology leadership. And for Qualcomm: It got what it wanted-it's been trying to resist the takeover ever since Broadcom launched it. On...

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  • UK Treasury chief claims 'light at the end of the tunnel'
UK Treasury chief claims 'light at the end of the tunnel'

He told MPs: "We have made solid progress towards building an economy that works for everyone". He said the level of debt was predicted to fall from 85.6% of GDP to 78% in 2021-22. Between 2021 and 2028, the United Kingdom will pay "reste à liquider" (budgetary commitments) of £18.2 billion, and a further £2.5 billion will be handed over betwee...

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  • Microsoft to build first Middle East data centres in UAE
Microsoft to build first Middle East data centres in UAE

With each data center costing upwards of a billion dollars, this isn't a small investment and considering that the company's cloud services are driving the largest growth on the balance sheet, it's obvious why the company is bringing these new regions online.

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  • Based company reveals plans for 3D printing affordable homes
Based company reveals plans for 3D printing affordable homes

The homes now cost £7,200 ($10,000) to construct and take up to 24 hours to build, but for the production version this cost should be reduced to around £2,900 ($4,000). The roof is the only part that is not 3D-printed. But they are printed in a warehouse, or they look like Yoda huts. However, before these homes are built, ICON is planning to tr...

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  • Walmart Expanding Grocery Deliveries to 800 Stores
Walmart Expanding Grocery Deliveries to 800 Stores

Following the expansion, the service will cover 40 percent of United States households. Reviews of the Walmart Grocery app - which customers have used mostly for pick up orders so far, rather than delivery - have been mixed. Here's how it works: just head over to the Walmart Grocery site or app, enter your zip code to see if it's available in...

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  • Google to Ban Ads for Cryptocurrencies
Google to Ban Ads for Cryptocurrencies

In the name of Bitcoin and cryptocurrencies , many Ponzi schemes have been running their ads on Google , Facebook and other platforms. In a blog post titled 'Financial Services: New restricted financial products policy (June 2018)' , published by Google , the company informed that they will change its existing financial product restrict...

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  • La Crosse chef fails to advance in James Beard competition
La Crosse chef fails to advance in James Beard competition

He's the first Miami-area finalist for the award since Jeff McInnis made the so-called shortlist in 2013 after helping found Yardbird Southern Table & Bar in 2013. Restaurant founders Ella Brennan and the late Dick Brennan were similarly inducted in the industry list earlier. New Orleans typically dominates this category.

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  • Oil slides on speculation United States surge will undermine OPEC cuts
Oil slides on speculation United States surge will undermine OPEC cuts

Between November 2017 and February 2018, Indian crude oil imports from Venezuela averaged some 300,000 bpd, down by around 20 percent compared to the same period a year earlier, industry and shipping sources told Reuters on the condition of anonymity.

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  • Trump Says Tillerson Out as Secretary of State, Replaced by Pompeo
Trump Says Tillerson Out as Secretary of State, Replaced by Pompeo

President Donald Trump ousted Rex Tillerson as secretary of state Tuesday, making a surprise Twitter announcement that he's naming Central Intelligence Agency director Mike Pompeo to replace him. "He will continue our program of restoring America's standing in the world, strengthening our alliances, confronting our adversaries, and seeking the ...

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  • Tesla Temporarily Suspended Model 3 Production in Late February
Tesla Temporarily Suspended Model 3 Production in Late February

On Monday, March 14 the stock rating was upgraded by Robert W. Baird to "Outperform". The firm earned "Buy" rating on Tuesday, November 7 by Susquehanna. Mufg Americas Holding reported 631 shares. About shares traded. GoGold Resources Inc. Autoliv Inc (NYSE:ALV) was reduced too. D L Carlson Investment Group Inc.

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  • Dropbox files $7 billion IPO
Dropbox files $7 billion IPO

The company first confidentially filed for an IPO at the start of the year. The gap between private valuations and public market aspirations highlights the disconnect between the premium that private investors put on potential innovation, and the financials-based analysis that public market shareholders are focused on.

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  • Trudeau accuses China of 'dumping' steel on global markets
Trudeau accuses China of 'dumping' steel on global markets

Prime Minister Justin Trudeau is heading to Canadian steel country this week on a three-day tour created to shore up the industry. Trump did say he expected both Canada and Mexico to take action to prevent other countries from sneaking steel into the U.S.by sending them to Canada or Mexico first.

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  • Eon to acquire Innogy from RWE in strategic renewables deal
Eon to acquire Innogy from RWE in strategic renewables deal

RWE would also become E.ON's biggest single shareholder gaining a 16.7% stake in the company, which already spun-off its conventional power generation, gas and energy trading units as Uniper and sold its stake to Finnish utility Fortum. The Fukushima meltdown disaster in Japan prompted German Chancellor Angela Merkel to move to shut down the countr...

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  • Sensex trades 300 points higher; Nifty above 10300-level
Sensex trades 300 points higher; Nifty above 10300-level

Led by the robust surge in stocks, the total market capitalisation of BSE-listed companies went up by Rs 1783.9 billion to Rs 144520.09 billion. The benchmark Sensex has fallen close to 2,600 points, or 7.24 per cent, to 33,307.14 since February 1 this year due to global and domestic cues.

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  • Canada, Mexico excused from US tariffs for undetermined period
Canada, Mexico excused from US tariffs for undetermined period

It eventually saw him quitting from his post in the White House, the latest in a series of high-profile departures from the Trump administration. He was joined by steel and aluminium workers holding white hard hats. He pointed to the store's many products that rely on steel and aluminium. "We urge you to reconsider the idea of broad tariff...

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  • US Employers Added 313000 Jobs in February, Unemployment Holds Steady
US Employers Added 313000 Jobs in February, Unemployment Holds Steady

Average hourly earnings edged up four cents, or 0.1 percent, to $26.75 in February, a slowdown from the 0.3 percent rise in January. The proportion of people in their prime working years ( 25 to 54 ) who are working is at its highest level since 2008.

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  • Mikaela Shiffrin rebounds from Olympics, wins World Cup slalom title
Mikaela Shiffrin rebounds from Olympics, wins World Cup slalom title

Shiffrin, with 41 World Cup wins to her name - 10 of them this season - is already assured the slalom title while in the giant slalom standings she is lying 81 points adrift of Rebensburg and 32 behind Tessa Worley ahead of next week's World Cup finals in Are, Sweden.

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  • Martin Shkreli sentenced to seven years in prison for fraud
Martin Shkreli sentenced to seven years in prison for fraud

His high-profile lawyer , Ben Brafman , described Shkreli as a mildly autistic, self-taught genius and asked USA district judge Kiyo Matsumoto to limit the prison sentence to a maximum of 18 months. "There are times when I want to hold him and hug him", he said . The 34-year-old said: "There one person to blame for me being here today is m...

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