Finance

Author: 0 US beats Kiwis on opening day of America's Cup qualifiers

Ainslie was penalized and SoftBank Team Japan , skippered by former Team New Zealand skipper Dean Barker , sailed off to a 48-second win. Team New Zealand, SoftBank Team Japan and Artemis Racing of Sweden also went 1-1 Saturday while Groupama Team France looked overmatched in losing two races.

Author: 0 Oil prices fall amid further oil cuts

Oil prices recovered on Friday from some of the previous day's steep slide after investor disappointment that OPEC curbs did not go far enough, while Wall Street stocks eked out a seventh straight day of gains. According to Business Insider, with 19 straight weeks of rig additions and oil near $50 a barrel, producers are clearly more confident in market conditions than they were a year ago.

Finance White House doesn't dispute Trump called Comey a 'nut job' to Russians
Author: 0 White House doesn't dispute Trump called Comey a 'nut job' to Russians

Fired FBI director James Comey believes President Donald Trump was attempting to influence him regarding the investigation into Russian interference in the 2016 United States election, CNN reported late Friday. At a news conference Thursday, Trump angrily denied that he had asked Comey to end the investigation, which is now in the hands of new special counsel Robert Mueller.

Finance MSNBC tops in cable news prime time
Author: 0 MSNBC tops in cable news prime time

Fox is still winning the overall race in May if all days are factored in, averaging 2.3 million viewers daily. Scandals have since befallen Fox News and its anchors, however, resulting in a recent prime-time revamping potentially to blame for the latest lackluster ratings .

Finance Indonesia deports Australian whose drug saga riveted nation
Author: 0 Indonesia deports Australian whose drug saga riveted nation

Simpson trial. Corby's mother, Rosleigh Rose, has repeatedly claimed Australian Federal Police and government withheld proof of her daughter's innocence. Ari Budijanto, the head of Ngurah Rai Immigration office, said that Corby would be banned from entering Indonesia for at least six months. Journalists take pictures outside the villa where Schapelle Corby has been living.

Finance $-0.02 EPS Expected for BlackBerry Ltd (BBRY)
Author: 0 $-0.02 EPS Expected for BlackBerry Ltd (BBRY)

Shares of BlackBerry Ltd ( NASDAQ : BBRY ) opened at 11.22 on Friday. Credit Suisse has "Underperform" rating and $6 target. Finally, Vetr upgraded shares of BlackBerry from a "buy" rating to a "strong-buy" rating and set a $7.77 price target for the company in a research report on Wednesday, March 1st.

Author: 0 Why Melania Trump Covers Her Head One Day But Not the Next

Melania Trump and Ivanka Trump , who is the president's daughter and special assistant, both donned head coverings Wednesday as they met with Francis . The meeting came a year after the pope suggested that Trump " is not Christian " because of his plan for a U.S-Mexico border wall. Pope Francis' interpreter could be heard translating a comment to the First Lady: "What do you give him to eat?" Trump and Francis clashed a year ago when the the pontiff said a man who thinks about ...

Author: 0 'Toughest G7 summit in yrs' begins amid Trump fears

Other G7 leaders at the summit will be trying to convince Trump , who has called human-made global warming a "hoax", not to pull his country out of a landmark climate deal reached in Paris in 2015. Other meetings over the two days will include discussions of global economy and climate, a meeting with small African nations - Trump will be seated between the leaders of Niger and Tunisia - and migration issues.

Author: 0 US Senate panel says it will subpoena Michael Flynn businesses

Reuters reported last week that Trump's fired former national security adviser Michael Flynn and other advisers to Trump's campaign were in contact with Russian officials and others with Kremlin ties in at least 18 calls and emails during the last seven months of the presidential race.

Finance Donald Trump Calls Manchester Bombing Perpetrators 'Evil Losers in Life'
Author: 0 Donald Trump Calls Manchester Bombing Perpetrators 'Evil Losers in Life'

This is completely unacceptable", a British government source said , adding that the matter was being "raised at every relevant level by the British authorities with their USA counterparts". British Interior Minister Amber Rudd is "confident" that leaks to the USA media about the investigation into a suicide bombing in Manchester which killed 22 people will end.

Finance Disappointment over OPEC decision weighs on crude
Author: 0 Disappointment over OPEC decision weighs on crude

The two sides chose to remove about 1.8 million barrels per day from the market in the first half of 2017-equal to 2% of global production, taking October 2016 as the baseline month for reductions. A generally fragile U.S. dollar tone provided some net support to oil prices, although the impact was offset by a slightly more fragile tone surrounding risk appetite.

Finance OPEC likely to extend output cuts, but price relief elusive
Author: 0 OPEC likely to extend output cuts, but price relief elusive

OPEC is discussing in Vienna whether to prolong an accord reached in December in which it and 11 non-members agreed to cut oil output by about 1.8 million barrels per day in the first half of 2017. The EIA reported output climbed to 9.32 million barrels a day last week, the highest since August 2015, after dipping the prior week for the first time in three months.

Author: 0 OPEC and other nations set to extend output cuts

The Organization of the Petroleum Exporting Countries , as expected, agreed Thursday to extend its current cap on oil production another nine months, now expiring July 1, 2018. A further extension might not be needed, as OPEC and independent producers expect to be " at the target at the year's end ", the minister said. U.S.

Author: 0 Trade deal feeds China taste for beef, won't close deficit

While the Trump administration regularly complains about America's nearly $350 billion trade deficit with China , the president and other administration officials have taken a less aggressive and confrontational stance on trade , especially as Beijing appears to be taking clear steps to rein in North Korea .

Finance Date for next OPEC meeting set for November 30
Author: 0 Date for next OPEC meeting set for November 30

Benchmark U.S. crude lost rose 14 cents to $49.04 a barrel in electronic trading on the New York Mercantile Exchange. The move is seen by analysts as a gift to US shale drillers who can step in to fill the production void, having made their operations efficient enough to turn a profit with prices as low as $40 per barrel in the Permian Basin in West Texas, which has eclipsed the Eagle Ford Shale in South Texas as the state's hot drilling zone.

Author: 0 Hong Kong stocks at fresh 22-month high despite Moody's downgrade

Meanwhile, the downgrade still leaves China comfortably in investment grade within the Moody's rating framework and is on par with Japan which has a much larger debt burden. In downgrading Hong Kong, the agency outlined the growing links between the city and the mainland, with banks increasing China-related lending, while its stock market is also linked to bourses in Shanghai and Shenzhen through separate tie-ups.