Archive | Markets

The cost of Brexit: 250000 fewer jobs

The pound turned sharply lower Thursday after the Bank of England cut interest rates for the first time in seven years and announced a fresh rou...

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Back on Olympic stage, Leyva eyes making impact for Team USA

At the most recent world championships in Glasgow late a year ago, Japan, Great Britain, China, Russia, the U.S., Switzerland, South Korea, and ...

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Greek competitor tests positive for drugs - team

Efimova had been provisionally suspended by swimming governing body FINA in March after a positive test for meldonium, the endurance-boosting dr...

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S&P 500 Heads for Fresh Record as Jobs Data Bolsters Optimism

The Nasdaq composite slid 46.46 points, or 0.9 percent, to 5,137.73. Meanwhile, the upgraded purchasing managers index for the eurozone in J...

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Private space firm gets landmark approval to land on the moon

Crank up that Sinatra song because a private company might be flying you to the moon in the future. Namely, the company planned its mission so...

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Major Banks Growing More Bearish On Oil Prices

Oil prices slipped after gains earlier on Thursday and the previous day as overproduction and large volumes of unsold crude and ample refined pr...

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Facebook battles to banish News Feed clickbait

Facebook staffers Alex Peysakhovich and Kristin Hendrix said in a blog post that the company has "built a system to detect clickbait headli...

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State Dept. Calls Report Linking Payment To Iranian Prisoner Release 'False'

The funds allocated to Iran by the Obama administration represent the initial installment of a $1.7 billion settlement reached between the adm...

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Oil Prices Edge Lower in European Trade

Brent for October settlement was 8 cents lower at $43.02 a barrel on the London-based ICE Futures Europe exchange after climbing as much as 1.3 ...

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After blip, oil prices keep heading south

US West Texas Intermediate (WTI) plunged as low as $39.42 per barrel on Wednesday - its lowest level since April. Matt Smith of ClipperData, t...

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Mobileye stumbles after announcing breakup with Tesla

Mobileye supplies camera-based advanced driver-assistance safety systems that help a vehicle steer or follow behind another auto or brake on it...

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Factories grow fastest in four months

Commercial work, which accounts for nearly a third of total new construction work, contracted at the fastest rate since December 2009. Stronge...

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India Inc rejoices the passage of historic GST bill

The passage on Wednesday was preceded by some heated debate, with the opposition demanding that subsequent bills on the subject be brought as fi...

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USA crude edges back over $40, but oversupply still weighs

Moors - a 40-year veteran of the oil and gas industry - says these bearish estimates are wrong because prices aren't falling due to supply and d...

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Whiting Petroleum Corp (NYSE:WLL)'s Company Shares Decreased 20.41% After High Volatility

Whiting Petroleum Corp was Downgraded by Goldman to " Neutral" on Jul 6, 2016. Earnings Focus Looking ahead to future earnings growth, analysts...

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Unprecedented Flooding Leaves Baltimore Suburb Looking Like a 'War Zone'

This weekend's event is being compared to one of the worst-ever floods that took place there in 1972, during Hurricane Agnes. "Dave was at the...

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Tesla Motors takes US$2,6bn shine to SolarCity Corp

The resulting company would install solar panels on their roofs, provide zero-emission electric cars in their garage and provide power to Tesla ...

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Syria's Nusra Front Breaks from Al-Qaeda

Jabhat al-Nusra members pose on a tank on Al-Khazan frontline of Khan Sheikhoun, northern Idlib province May 17, 2014. It will also "cease opera...

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Indians acquire Miller, Lucroy vetoes deal

MLB.com recently ranked Frazier as the No. 24 prospect in baseball. Sheffield was one of their two first round picks in 2014. Left-hander...

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Stephen Colbert's "The Word" is back again. Sort of

Stephen Colbert stuck it to corporate lawyers on Wednesday's Late Show, finding ways to work around two big things he said they informed him ...

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NextEra agrees to buy Texas electric giant Oncor for $18.4B

NextEra's acquisition of Oncor could help end the epic bankruptcy of Energy Future Holdings , Texas' largest power conglomerate. The company...

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Oil heads for biggest monthly loss in a year amid inventory glut

Futures dropped 0.4 percent in NY, extending a decline of 6.7 percent over the previous five sessions. Crude prices remained under pressure af...

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New rescue plan sends Italian bank's shares soaring

The bank's board, which was already scheduled to meet on Friday to approve first-half results, was looking closely at the proposal, which came a...

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Husky Energy changes day it discovered oil pipeline spill in Saskatchewan

Around 1,572 barrels of oil leaked into the North Saskatchewan River, forcing two western Canadian cities to stop drawing drinking water from th...

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Alphabet's revenue shoots up thanks to boom in video

The results put to rest lingering concerns about how the rise of mobile might impact Google , which has a strong mobile presence with its Andro...

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