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Finance

Klein, however, expressed disappointment that Trump did not call on Muslim leaders to condemn the terror groups by name, and that Trump also did not insist Muslim leaders end the use of textbooks promoting Islamic extremism. US President Donald Trump's wife, Melania, has praised Saudi Arabia's "empowerment of women," glossing over the kingdom's notoriously unfair treatment of them.
  • Oil prices rise on expectation of extended crude supply cut

    Finance

    In a joint statement Opec's de facto leader Saudi Arabia and Russian Federation, the world's second largest oil producer, said they had come to the conclusion that the agreement needs to be extended. Shale producer Pioneer Natural Resources (PXD) said recently its break-even oil price is just $20 a barrel, and the company could make "good returns" at $40 dollar oil.
  • Confirmed: Xiaomi Redmi Note 4 set for South Africa

    Confirmed: Xiaomi Redmi Note 4 set for South Africa

    Finance

    At this wide price bracket, Xiaomi Redmi 4 offers features such as a 5-inch HD screen, Snapdragon 435 processor , Android 6.0.1-based MIUI 8 software, and 4100mAh battery . Eager buyers in Bengaluru can pre-book the Redmi 4 at Rs 1000 via Xiaomi's site and pick it up via the Mi Home store on launch day. It is the third device which launched in India this year.
  • Activist Elliott Urges BHP To Split Off Petroleum Biz

    Finance

    Speaking in Spain, Mr. Mackenzie said the company acknowledged that it had paid too much and mistimed its entry into the USA onshore shale sector but that it expects competitive returns from the operation. Elliott said it believes a Sydney listing will enable the company to take greater advantage of tax benefits in Australia. A source close to BHP said the company expected to meet Elliott in Barcelona.
  • UK Labour leader accuses Theresa May of 'pandering' to Trump

    Finance

    But he sowed confusion over the future of the UK's nuclear deterrent by suggesting it would form part of strategic defence review (SDR) under a Labour government. Corbyn said Labour would support the renewal of Britain's Trident nuclear weapons but if circumstances were reached where ordering the use of such weapons was an option it would "represent complete and cataclysmic failure".
  • Snapchat shares plunge after $US2.2 billion loss on $US149m revenue

    Snapchat shares plunge after $US2.2 billion loss on $US149m revenue

    Finance

    Snapchat's parent company Snap Inc has reported a net loss of more than 2.2 billion dollars (£1.7 billion) in the company's first ever earnings report. Also, the company saw a growth in Snapchat users at 166 million for Q1. With its first earnings results, Snapchat risks suffering the same fate as its social media rivals.
  • Judge approves emissions-cheating settlement for 3-liter VWs

    Judge approves emissions-cheating settlement for 3-liter VWs

    Finance

    Buyers who opt for the fix will not only get their rig fixed, but they'll also get between $7,000 and $16,000 from VW. U.S. District Judge Charles Breyer in San Francisco in February granted preliminary approval to the 3.0 liter deal and to a related Robert Bosch GmbH's settlement.
  • Court Orders Criminal Complaints To Be Filed In Philadelphia Amtrak Derailment

    Court Orders Criminal Complaints To Be Filed In Philadelphia Amtrak Derailment

    Finance

    However, the Philadelphia's district attorney's office determined that the evidence did not rise to the necessary level needed to charge the engineer or anyone else with a crime. The Amtrak complaint involves only the death of NY executive Rachel Jacobs , 39, who left behind a husband and 2-year-old son. It's rare but not unprecedented for citizens to seek private criminal complaints when they object to a prosecutor's decision.
  • Eurovision: Pop, politics and a dancing ape _ but no Russia

    Eurovision: Pop, politics and a dancing ape _ but no Russia

    Finance

    While 18 countries took to the stage to perform during Tuesday night's first live show, only 10 qualified for Saturday's final. She told the Press Association: "There is this political vote every year that people talk about and, yes, this year is slightly different with the sort of political climate going on, but it is something that I am not concentrating on".
  • Sensex edges higher, up 66 points; Nifty trades at 9337

    Sensex edges higher, up 66 points; Nifty trades at 9337

    Finance

    The Sensex touched a high of 30,016.04 points - crossing the important 30,000-mark - and a low of 29,877.41 points during the day's trade. Among BSE sectoral indices, metal index gained the most by 1.2 per cent, followed by realty 1.1 per cent, capital goods 0.97 per cent and power 0.96 per cent.
  • Tunnel with nuclear waste collapses in Washington state

    Tunnel with nuclear waste collapses in Washington state

    Finance

    In a statement, the Department of Energy said that "everyone has been accounted for and there is no initial indication of any worker exposure or an airborne radiological release". The TALON system allows crews to safely monitor the scene from up to half a mile away, the site says. The collapse was spotted by workers doing routine surveillance.
  • Emergency declared at Hanford nuclear site in Washington state

    Finance

    Soil collapsed over a 20-foot square section of a tunnel housing contaminated material at Hanford - a former nuclear weapons production site in the south-central part of the state, about 45 miles from Yakima. Officials detected no release of radiation and say there were no workers inside the tunnel. Pallone said the Energy Department should provide details on the implications of the incident on continuing cleanup efforts.
  • Govt's anti-Naxal ops should instill 'fear' in them, says Rajnath Singh

    Govt's anti-Naxal ops should instill 'fear' in them, says Rajnath Singh

    Finance

    Singh also said the Maoists could not be dealt with only by force but by long-term and short-term solutions. Highlighting the pro-active surrender and rehabilitation policy of the state government, Patnaik said: "Determined efforts of the state to contain the extremist activities have been substantially successful in weaning away the population in the affected areas of the state from the ideology of violence and extremism".
  • USA lawmakers to grill United Airlines on passenger removal

    USA lawmakers to grill United Airlines on passenger removal

    Finance

    United and other airlines have announced policy changes regarding overbooked flights. Eight of the House's ten 10 recipients of airline transport campaign contributions in 2016 are on the Transportation Committee, including Shuster, the panel's top Democrat, Rep.
  • Corporate Tax Reform: Expect the Unexpected

    Corporate Tax Reform: Expect the Unexpected

    Finance

    The top federal tax rate on businesses is 35%, and Trump wants to slash it to 15%. But the issue is complex. So how dramatic the proposed cut in the headline rate would be in practice would depend on how resolute lawmakers are in taking on the vested interests behind those tax expenditures.
  • Trump says he's willing to consider raising gas tax

    Trump says he's willing to consider raising gas tax

    Finance

    The ASCE estimates the USA needs to spend some $4.5 trillion by 2025 to improve the state of the country's roads, bridges, dams, airports, schools, and more. Higher-income households could receive tax cuts of up to $250,000, middle-class families would get around $2,200 and lowest-income households would receive a measly $128, according to a 2015 33-page analysis of Trump's tax proposal from Tax Policy Center.
  • Man sues American Airlines after being crushed by 'grossly obese' passenger

    Man sues American Airlines after being crushed by 'grossly obese' passenger

    Finance

    Since the flight in December 2015, Mr Taylor says that he has suffered from back injuries and neck pain, and that it aggravated his pre-existing spinal curvature. According to the court documents, Taylor says that the bodies of the passengers next to him " spilt over and encroached " into his seat and had to "stand up, crouch, kneel, and lean forward" during his 14 hour flight.
  • China Launches first Domestic Jetliner

    Finance

    The country first announced plans to build the plane in 2008, but production issues repeatedly pushed the flight back. It is created to be a direct competitor to the Boeing 737 and Airbus A320. The industry ministry said in a statement the flight went smoothly and that all the systems functioned properly. Merluzeau also expressed confidence in the future development of COMAC, the Shanghai-based manufacturer of the C919.
  • AAP sacks Mishra, gets two new faces in Cabinet rejig

    AAP sacks Mishra, gets two new faces in Cabinet rejig

    Finance

    Speaking to ANI , Congress's Shakil Ahmed said that the allegations by Mishra were grave and needed to investigated. Mishra tweeted close to midnight alleging that Kejriwal was calling up MLAs to plot against him before his press conference tomorrow.
  • New York City cafe says Starbucks stole its unicorn drink

    New York City cafe says Starbucks stole its unicorn drink

    Finance

    Inevitably, a barista, desperate to keep the trend alive, created a Mermaid Frappuccino , but, perhaps due to a lack of neon ingredients, it looks exactly the same as the dragon version, but includes toasted coconut and matcha powder. The End's Unicorn Latte is a wellness potion made with cashews, cold-pressed ginger, spirulina extract, spirulina powder, and maca root. "For example, People Magazine broadly proclaimed that Katy Perry, a world-renowned recording artist and marketing icon, ...
  • Deadline approaches for spending paper £5 Bank of England notes

    Deadline approaches for spending paper £5 Bank of England notes

    Finance

    Similarly, a spokesperson for Royal Bank of Scotland added: "After the note goes out of circulation, customers will still be able to bring in their old £5 notes for exchange at one of our branches". Alternatively, your bank or building society may be able to help you at your local branch. PEOPLE have until the end of today to spend or bank their old paper fivers before they lose their legal tender status .
  • Gold demand 18% down

    Gold demand 18% down

    Finance

    The council said central banks' demand for gold continued at a much slower pace. In India, demand for jewelry increased by 16 percent to 92.3 tonnes, while the sector suffered at the end of 2016 from the government's demonetisation effort.
  • Sensex reclaims 30000-level, rises 99 pts in early trade

    Finance

    The 30-share index was trading 99.41 points, or 0.33 per cent, higher at 30,020.59 with all sectoral indices led by realty, power, auto, metal and capital goods trading in the positive zone. Europe's STOXX 600 index slipped 0.2 per cent in opening trade. Companies which traded lower were Lupin (3.09 per cent), HDFC (1.37 per cent), ICICI Bank (1.16 per cent), Tata Motors (1.11 per cent) and Tata Steel (1.03 per cent).