Wednesday, 15 August 2018
Latest news
Home » Money

Money

Oil prices slump as OPEC, Russia plan output boost

Only Russia produces more, at about 11 million bpd. As a result, compliance with the deal to reduce output by 1.8 million bpd by the end of 2018 has been at 152 per cent, sources said. The contract hit its highest since late 2014 at US$80.50 last week. FILE PHOTO: People walk past the logo of the Organization of the Petroleum Exporting Countries (OPEC) in front of its headquarters in Vienna, Austria September 21, 2017. Read More »

U.S. disrupts Russian botnet of 500000 hacked routers

perth_map

The FBI has put a spoke in the wheel of a major Russian digital disruption operation potentially aimed at causing havoc in Ukraine, evidence pieced together from researchers, Ukrainian officials and USA court documents indicates . In Wednesday's action, the Justice Department said it had obtained a warrant authorising the Federal Bureau of Investigation to seize a computer domain that is part of the command and control system of the VPNFilter botnet. Read More »

Amazon is permanently banning customers that make too many returns

perth_map

Many people use Amazon precisely for its convenience , the ability to easily return purchases, and its wide variety of choices that brick and mortar stores just can't offer. No warning. #AmazonClarity, ' he said in the post. Do u even read my return reasons (like 6 purchases in the last year.and that's too many?) and a replacement for something I NEVER rec'd. Read More »

NYC considers ban on disposable plastic straws

perth_map

CEO Paul Pomroy said in a statement back in March when this initiative was announced. And on Wednesday the New York City Council introduced a bill to ban the use of plastic straws in the city, CBS New York reports . "I think it'll be really hard to implement", one woman said. Banning the difficult-to-recycle, single-use plastic straw is the current focus of environmentalists, local governments, and some consumers alike; and at their annual meeting on Thursday, May 24, shareholders will ... Read More »

Netflix's Market Value Exceeds Comcast's & Is Close To Surpassing Disney's

perth_map

Updated with day's final numbers, and Netflix closing out behind Disney. It now has 125 million streaming memberships in more than 190 countries, with viewers watching for more than 140 million hours each day. Netflix's share price is up about 80 percent since the start of 2018. The inroads made by sites such as YouTube, Amazon and Netflix - which launched its streaming service in 2007 - are forcing traditional firms to act, spurring a slew of mergers and other deals. Read More »

Oil investors fear Opec will turn taps back on

perth_map

Oil prices have reached their highest since November 2014, with Brent crude piercing the $80 a barrel level at various points in the past week as supply risks related to Venezuela and Iran have buoyed on the market. Petersburg, adding that Russia and Saudi Arabia agree market conditions will dictate any decision. "Generally speaking, we are quite flexible". "But it also means that come 2019 there is no more buffer left and it is going to be needed". Read More »

City jobs under threat as Deutsche Bank swings axe

perth_map

The lender is working on sharply reducing its presence in the USA equities market and has also started cutting activity in the Central Europe , Middle East and Africa region, according to another person with knowledge of the matter. "Unfortunately, the results of your work are not convincing". Meanwhile, in corporate banking, Deutsche Bank plans to slash its commitment to the United States and Asia, and focus more on Germany and Europe. Read More »

Uber Self-Driving SUV Saw Pedestrian; Did Not Brake

perth_map

While much of what's in the report has already been publicized, it does provide insight into the vehicle's systems and what happened in the seconds leading up to and immediately after impact. In the video shot by ABC15 News the night of the crash, both the Volvo and Herzberg's bicycle are located directly beneath one of the streetlights. The watchdog said it would continue gathering evidence to piece together an accurate account of the auto crash, with the hopes of issuing safety ... Read More »

Elon Musk goes after the media in unhinged Twitter rant

perth_map

The public no longer respects the media because of " holier-than-thou hypocrisy " and lies, he said . The announcement has drawn criticism from the press, with one reporter tweeting out that Musk was slowly turning into a "media-baiting Trump figure screaming irrationally about fake news". Read More »

Trump Caught Between Pompeo, Bolton on Summit, Sources Say

perth_map

U.S. State Department spokeswoman Katina Adams declined to give details of any diplomatic contacts but said: "As the president said in his letter to Chairman Kim, dialogue between the two is the only dialogue that matters". "If they can not come to the negotiating table, then they will enter the battlefield", Sun said. Vice Foreign Minister Kim Kye Gwan called Trump's withdrawal "unexpected" and "very regrettable", and said the cancellation of the talks showed "how grave the status of ... Read More »

North Korea still open to US talks despite Trump summit cancellation

perth_map

China on Friday urged the USA and North Korea to be patient and show goodwill, hours after American President Donald Trump cancelled a rare meeting with the Communist country's leader, Kim Jong Un. But Trump also threw Moon under the metaphorical bus. But North Korea is acutely aware that Libyan leader Muammar Gaddafi was overthrown and killed by his own people a few years later, with support from a multinational military coalition that included the United States. Read More »

Trump grants posthumous pardon to heavyweight champion Jack Johnson

perth_map

That made him a target, and that eventually cost him his freedom after being convicted of squiring a white woman - his girlfriend at the time - across state lines. However, Johnson returned in 1920 to serve his sentence. Activists and family members have long advocated for Johnson's posthumous pardon , as have USA officials like Sen. Read More »

Kerry Perry: Congressional Apology for Gymnastics Sex Abuse Scandal

perth_map

Two other recent civil suits have named the USOC and other NGBs as defendants in cases of sexual abuse in sports. Lawmakers were particularly concerned about whether the organizations are adequately establishing a "culture change" and trying to reform their institutions rather than protecting them ― a major theme exposed by the Me Too and Time's Up movements. Read More »

Anthem protesters 'maybe shouldn't be in country'

perth_map

Designed to be a compromise between protesters and patriots, the immediate reaction to the policy indicated neither side was pleased with what the owners have done and the potential loopholes for other forms of on-field protests their decision creates. Read More »

US Supreme Court Approves Use of Class Action Waivers in Arbitration Agreements

perth_map

But the decision, involving a wage dispute, was roundly criticized on the left, and advocates said it could make it harder to press other workplace complaints such as discrimination and sexual harassment. Arbitration contracts are a growing trend. Employers don't want class actions filed against them. Moving forward, the number of arbitration agreements including class action waivers will increase substantially and will have a profound effect on wage and hour claims, which are typically ... Read More »

Root backs Cook to get firing again with bat

perth_map

Pakistan captain Sarfraz Ahmed , who was able to select fast bowler Hasan Ali following a hand injury, said he would have wanted to bowl first anyway under brightening morning skies in northwest London. But he also said there was an opportunity for Pakistan given England failed to win any of their seven most recent Tests, in Australia and New Zealand. Read More »

Trump administration considers tariff on cars

perth_map

The US Commerce Department said Wednesday it launched an inquiry that could allow the Trump administration to impose tariffs on auto imports over national security concerns. The president previously used Section 232 to impose tariffs on steel and aluminum. The provision authorizes the president to restrict imports and impose unlimited tariffs on national security grounds. Read More »

Researchers are DNA testing Loch Ness to identify the monster

perth_map

The University of the Highlands and Islands' UHI Rivers and Lochs Institute in Inverness is assisting in the project. All of the samples will then be sent off to laboratories in Denmark, France, New Zealand, the U.S. The Loch Ness Monster is one of Scotland's oldest and most enduring myths. For hundreds of years, visitors to Scotland's Loch Ness have described seeing a monster that some believe lives in the depths. Read More »

Comcast Working on Fox Offer

perth_map

Zions Bancorporation acquired a new stake in shares of Twenty-First Century Fox Inc Class A in the first quarter worth $181,000. Comcast shares were down 1.6 percent at $31.97 and Disney shares fell 1.7 percent to $102.26. Disney shares have fallen almost 3.3% since, reducing the value of the offer to just over US$50 billion. The cable giant, which owns NBCUniversal, had in December bowed out of the bidding process just before Fox accepted the Disney deal, which includes the 20th Century ... Read More »

Students Rally Against School Shootings in Union County

perth_map

All students will return to school next week when classes will resume on Tuesday with regular school hours. The letter said , "It is our hope at Santa Fe High School that this will provide our graduating seniors with an evening to gather with friends who have reached the milestone of graduating together". Read More »

Battlefield V reveal two-second teaser clip

perth_map

We'll know more exact details once the full announcement trailer is revealed on Wednesday evening (9pm GMT), with The Daily Show's Trevor Noah hosting the the event. So what can we expect from Battlefield 5? In the latest teaser from the official Battlefield account, you can see pilot goggles. It's very likely that Battlefield V will use similar mechanics used in the previous game while also introducing new modes-possibly a battle royale mode. Read More »

Philip Roth, American author and Pulitzer-winner dies at 85

perth_map

He caught the attention of the literary world in 1959 with Goodbye, Columbus . In a rare interview with the New York Times , published in January 2018, Roth had some scathing remarks about the current POTUS. When Roth won the 2011 Man Booker International, chair of the judges Rick Gekoski said: "His career is remarkable in that he starts at such a high level, and keeps getting better". Read More »

White House may address North Korea, latest on Russia probe

perth_map

Schiff and other committee Democrats were furious and argued that Republicans had not subpoenaed many witnessed they considered essential to the committee's work. "If they had spies in my campaign that would be a disgrace to this country", Trump told reporters Tuesday. "That would be one of the biggest insults anyone has ever seen", he added. Read More »

Democrats Won't Get Data on Trump Campaign Intel Source

perth_map

Democrats will be shut out of a White House-brokered meeting during which Justice Department officials will tell two House GOP chairmen about an intelligence source who provided information about President Donald Trump's 2016 presidential campaign . Read More »

Prince William Pays Tribute to Manchester Bombing Victims at Memorial Service

perth_map

Labour leader Jeremy Corbyn, First Minister Nicola Sturgeon and Liberal Democrat leader Sir Vince Cable were also there. Prince William was welcomed with a round of applause before the beginning of the service. Later, over 3000 singers from local choirs will come together for the "Manchester Together - With One Voice" event in the city's Albert Square. Rashford, from Wythenshawe in the south of the city, wrote on United's website of his memories of growing up in Manchester and what it ... Read More »

Ryan Reynolds originally thought Deadpool 2's mid-credits scenes were 'cheating'

perth_map

During our interview with screenwriters Rhett Reese and Paul Wernick they confirmed that, "There's going to be a version of the DVD that's all new jokes, the entire movie", including the now-infamous "killing baby Hitler" scene. Have you seen Deadpool 2? After the film was released, Reese and Wernick did confirm that the scene was in fact canon , so Vanessa is safe and sound in the X-Men universe. Read More »

Kumaraswamy wants long-term relations with Congress: Surjewala

perth_map

With the focus henceforth on the parliamentary elections , the BJP will not worry much on what will happen in the hung assembly or how long the Congress-JD-S coalition government will last, now with a combined strength of 115 seats. Sensing an impending defeat in the absence of the requisite numbers, Yeddyurappa, who headed the 55-hour-long BJP government, resigned before the trust motion was put to vote. Read More »

Bahrain backs USA strategy vis-a-vis Iran

perth_map

At the same time, Pompeo offered Iran a series of dramatic potential USA concessions if it agrees to make "major changes". Iranian officials have said the EU's adopted mechanisms should be enforced by August 8 when U.S. Federica Mogherini , the high representative of the European Union, explained that Europeans will remain committed to "full and effective implementation" of the JCPOA so long as Iran upholds its commitments. Read More »

BJP spent Rs 6.500 cr in Karnataka elections: Congress

perth_map

The ceremony to be held on Wednesday at 4.30 pm will be attended byBSP leader Mayawati, Delhi Chief Minister Arvind Kejriwal, National Conference leader Farooq Abdullah, Telangana Chief Minister K. Congress will retain both the two Lok Sabha seats of Manipur and BJP has no capacity to wrest even a single Lok Sabha seat, he added. Imposition of President's Rule would have been the right thing to do in Karnataka, where assembly elections threw up a hung verdict with no party getting ... Read More »