Economy

Texas, US gas prices spike after disastrous Hurricane Harvey

Texas, US gas prices spike after disastrous Hurricane Harvey The problem is all the more acute because of the Labor Day holiday this weekend, the traditional end of summer when Americans often travel by auto. Prices would be higher if not for record refinery runs in 2017, says Matt Smith, director of commodity research at Clipperdata. [Full Article...]

Tory MPs tell Theresa May she can't go 'on and on'

Tory MPs tell Theresa May she can't go 'on and on' On the second day of her trip to Japan , May held official talks with her counterpart Shinzo Abe , but media coverage has zoomed into the question of her longevity as prime minister. North Korea fired a ballistic missile over Japan's northern Hokkaido island into the sea early on Tuesday, prompting warnings to residents to take cover and drawing a sharp reaction from Abe. [Full Article...]

IG Design Group PLC (IGR) Receives "Speculative Buy" Rating from Beaufort Securities

IG Design Group PLC (IGR) Receives The Company, through its subsidiary, United Utilities Water Limited (United Utilities Water), manages the regulated water and wastewater network in the North West of England, providing services to around seven million people and businesses. [Full Article...]

Smart vision EQ fortwo concept — FRANKFURT MOTOR SHOW

Smart vision EQ fortwo concept — FRANKFURT MOTOR SHOW Smart CEO Annette Winkler said the EQ Fortwo is the most radical car-sharing concept auto, and features a rechargeable 30kWh lithium-ion battery. The centerpiece of the new concept is an advanced Level 5 autonomous-driving system. A graphic within the headlights mimics the blinking of an eye when passengers approach, while the grille can display messages to prospective car-sharing customers. [Full Article...]

Energy costs push Eurozone CPI past forecasts in August

Energy costs push Eurozone CPI past forecasts in August Official flash estimates on Thursday showed that consumer prices in the region had risen by 1.5 per cent in August, compared to the same month previous year, up from an increase of 1.3 per cent in July. Inflation across the eurzone rose more than expected in August, hitting its highest level in four month, fuelling expectations that the European Central Bank might soon begin winding down its m... [Full Article...]

Colonial says fuel lines east of Lake Charles, La., operational

Colonial says fuel lines east of Lake Charles, La., operational Line 1, which transports gasoline, was operating at reduced rates but was shut down today, Colonial said in a statement . The American Automobile Association (AAA) attributes the increase in gas prices throughout the country to Hurricane Harvey; on Monday, the national average for a gallon of gas was four cents higher. [Full Article...]

Crude oil prices drop on Monday

Crude oil prices drop on Monday As Harvey led to widespread flooding, Royal Dutch Shell Plc shut its Deer Park plant, while Magellan Midstream Partners LP suspended its inbound and outbound refined products and crude pipeline transportation services in the Houston area. [Full Article...]

Harvey halts Gulf of Mexico oil production

Harvey halts Gulf of Mexico oil production Benchmark U.S. gasoline futures jumped as much as 6.8 percent in early trade on Monday in Asia to touch $1.7799 a gallon. Data next week will provide a better indication of the extent of the damage to the USA energy sector from Tropical Storm Harvey . [Full Article...]

GDP growth hits 3 Year low 5.7% in Q1

GDP growth hits 3 Year low 5.7% in Q1 The government is likely to draw opposition's flak over the Q1 GDP data as the GDP growth rate for the same quarter past year was 7.9 per cent. Please Wait while comments are loading. The Survey had stated that the balance of risk to achieving the 6.75-7.5 percent growth has shifted to the downside. Chief statistician TCA Anant pointed out that the biggest impact on GDP for June quarter ... [Full Article...]

Haseena Parkar's, 'Tere Bin' will bring tickle in your bones

Haseena Parkar's, 'Tere Bin' will bring tickle in your bones The movie features Shraddha Kapoor in the lead role, her real life brother Siddhanth Kapoor will be seen portraying the role of Dawood Ibrahim, and Ankur Bhatia will be playing the role of Haseena's husband. She got married at young age and they had four children. But now she reveals her romantic side with her on screen husband Ankur Bhatia in its new song, " Tere Bina ", sung by the ever ... [Full Article...]

Mumbai Rains Caused 5 Deaths, Worst Conditions After 2005

Mumbai Rains Caused 5 Deaths, Worst Conditions After 2005 Flights faced delays of up to 15 minutes, a spokesman for the Mumbai airport said, following several cancellations late on Tuesday. The rains, which began on Saturday, have eased as Mumbai limps back to normalcy. The incidents were reported from Dahisar, Kandivli, Malad and Dadar areas, a senior police official said. "We have received 20 cases of trees falling and one of a wall collapse". [Full Article...]

Mumbai Rains updates: Bad Weather affecting millions might end today

Mumbai Rains updates: Bad Weather affecting millions might end today The IMD has predicted more heavy to very heavy rainfall for the city over the next 24 to 48 hours . Around 6.30 a.m. the rains triggered a landslide in adjoining Thane district, leading to derailment of 10 coaches of the Nagpur-Mumbai Duronto Express but there were no casualties. [Full Article...]

Toshiba may not finalize chip unit sale by August 31 deadline

Toshiba may not finalize chip unit sale by August 31 deadline Bain had previously submitted a 2.1 trillion yen ($19 billion) offer with another group of backers that included state-backed Innovation Network Corp of Japan and Development Bank of Japan. Toshiba, Bain, Western Digital, INCJ and Apple declined to comment. The bid trumps the 1.9 trillion yen offered by the Western Digital-led consortium, which also includes USA private equity firm KKR & Co LP. [Full Article...]

Qantas is ditching Dubai for flights to London

Qantas is ditching Dubai for flights to London The two carriers have been working together on flights between Europe and Australia for the last five years, and said that the changes "will see the airlines better leveraging each other's networks, by providing three options to Australia from Europe - via Dubai and Singapore, and direct to Perth". [Full Article...]

US gasoline hits $2/gal as Harvey wreaks havoc on refiners; crude weak

US gasoline hits $2/gal as Harvey wreaks havoc on refiners; crude weak In all, eleven refineries are now offline, and flooding has knocked off 18% of US refining capacity, according to S&P Global Platts. Research director Jackie Forrest of ARC Financial in Calgary said she expects Harvey's effect on the gasoline market could match that of Katrina 12 years ago and result in higher fuel prices in the USA and Canada that last well into November. [Full Article...]

OR child calls 911 on mother accused of driving drunk

OR child calls 911 on mother accused of driving drunk KATU reports that Norris might face an additional child endangerment charge for allegedly driving drunk with her 11-year-old in the back seat if the district attorney decides to pursue the additional charge. "I think it absolutely says that he's a courageous young man, who knows the difference between right and wrong", said Wilde. Deputies said two other drivers also called police to report Nor... [Full Article...]

Shame on you, Chidambaram tells RBI after it releases note ban data

Shame on you, Chidambaram tells RBI after it releases note ban data That is 1 percent. The RBI report has also confirmed what the critics of the government were pointing out when demonetization was announced. As on June 30, 2017, notes worth Rs 15.28 lakh crore were deposited by people, according to RBI's annual report . [Full Article...]

King Won't Hold Cruz and Cornyn Votes on Sandy Against Texas

Cruz , who was speaking from the George R. Brown Convention Center in his hometown of Houston, where he was visiting flood victims, said , "Two-thirds of that bill had nothing to do with Sandy". MORE (R-Texas) both opposed the aid package for NY and New Jersey after 2012's Superstorm Sandy, saying the bill included wasteful spending that wasn't related to the storm recovery. [Full Article...]

BRC warns of food shortages if no Brexit customs deal agreed

BRC warns of food shortages if no Brexit customs deal agreed Dickinson added that border controls could lead to a shortage of certain food items, highlighting the need for the government to secure a wide-ranging agreement covering key issues such as security, transit, drivers and value added tax. That would translate into the number of annual customs declarations rising from 55 million to 255 million from March 2019. Trade experts are also skeptical of t... [Full Article...]

Where Chico's FAS, Inc. (CHS) Stands on ABR?

Where Chico's FAS, Inc. (CHS) Stands on ABR? About 15,660 shares traded. Altria Group Inc (NYSE:MO) has risen 11.92% since August 28, 2016 and is uptrending. Chico's FAS, Inc is an omni-channel specialty retailer of women's private branded, casual-to-dressy clothing, intimates and accessories, operating under the Chico's, White House Black Market (WHBM) and Soma brand names. [Full Article...]


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