Economy

DPRK displays submarine-launched ballistic missile at military parade

The U.S. days earlier dispatched what President Trump called an "armada" of Navy ships in a show of force, including an aircraft carrier, into waters off the communist country. North Korea is under United Nations sanctions over its weapons programmes but has long wanted a rocket capable reaching the U.S. mainland. "Trump is always making provocations with his aggressive words", Han said. [Full Article...]

IRS reminds taxpayers of April 18 tax-filing deadline

IRS reminds taxpayers of April 18 tax-filing deadline Even though taxpayers commonly need a deadline extension, the process and documents needed for requesting an extension can be confusing. "If you file electronically and use direct deposit, you get your refund in about 21 days", says Garcia. [Full Article...]

Oil prices dip amid growing number of USA drilling rigs

Oil prices dip amid growing number of USA drilling rigs WTI (West Texas Intermediate) crude oil (SCO) (FXN) (IEZ) futures contracts for May delivery fell 0.9% and were trading at $52.7 per barrel in electronic trade at 4:45 AM EST on April 17, 2017. Fighting in Libya has cut oil output, but state oil company NOC has reopened at least one field. The US drill rig count climbed to 683 last week, the highest since April 2015 and a 13th week of gains, Bak... [Full Article...]

N Korea missile blows up, Pence in S Korea

The U.S. moves an vast warship to the waters off the peninsula in a display of military might. On Sunday, US National Security Adviser H.R. McMaster said the problem with North Korea "is coming to a head". USA officials doubted North Korea's capability of actually carrying out such a move. He said the National Security Council is working with the Pentagon and the State Department, and intell... [Full Article...]

Has $1.434 Million Stake in Caterpillar Inc. (CAT)

Has $1.434 Million Stake in Caterpillar Inc. (CAT) Vetr cut Caterpillar from a "hold" rating to a "sell" rating and set a $90.75 price objective on the stock.in a research note on Tuesday, April 4th. Presently, it has a Return on Equity (ROE) of -0.40% and Return on Investment (ROI) of 0.60%. The firm's revenue was down 13.2% on a year-over-year basis. [Full Article...]

United to compensate passengers on flight at centre of passenger-dragging scandal

United to compensate passengers on flight at centre of passenger-dragging scandal He said that plane seats are perishable commodities - once the door has been closed, seats on a flight can not be sold and lose all value. Delta in 2016 had 1,200 denied boardings for the entire year, or one in 100,000 passengers. It gave few details. Both cases have highlighted how travelers are largely at the mercy of airlines when flights get overbooked. Today, unlike other airport police... [Full Article...]

Volution Group PLC (FAN) Releases Earnings Results

Volution Group PLC (FAN) Releases Earnings Results A number of equities analysts recently commented on AUTO shares. Following an update released by analysts at Barclays Capital on Friday the broker has now set a "Equal Weight" rating on shares of Gulf Marine (LON:GMS) with a price target of 85. [Full Article...]

Occidental Petroleum Corporation (NYSE:OXY) Reviewed By Analysts

Atria Investments LLC increased its position in Occidental Petroleum by 51.9% in the first quarter. Oakworth Capital Inc. now owns 1,596 shares of the company's stock worth $116,000 after buying an additional 75 shares during the last quarter. [Full Article...]

United Amends Crew Booking Policy After Man Dragged off Plane

She said the change was meant to ensure that episodes like what happened last week "never happen again". David Dao, who suffered a concussion and broken nose and lost two front teeth in the incident last Sunday, was forcibly removed from a flight to make way for a United crew member. [Full Article...]

Pence lands at Korean DMZ day after North Korea's failed missile test

Despite North Korea's provocations, USA officials have said that the US doesn't intend to use military force against North Korea in response to either a nuclear test or a missile launch. China has spoken out against the North's weapons tests and has supported United Nations sanctions. Trump for his part, has suggested in recent days that the USA will take a tougher stance against North Korea, te... [Full Article...]

North Korea puts on a show for Day of the Sun

Wang's comments mirrored a warning from the North Korean foreign ministry's Institute for Disarmament and Peace that "thermo-nuclear war may break out any moment". military bases and other targets in South Korea. The U.S. and South Korea are also now participating in their largest-ever joint military exercises simulating a war with North Korea. [Full Article...]

US Vice President Pence arrives in Seoul

The comment on Twitter was the first from Trump since North Korea's latest missile launch. The new and inexperienced USA president has indicated he will not allow North Korea to develop an intercontinental ballistic missile capable of delivering a nuclear warhead to the western United States . [Full Article...]

Canada introduces legislation to legalise marijuana

The new law will expand pot use to non-medicinal purposes, where now Canadian law mandates that such uses are illegal, according to NPR . Under the proposed rules, individuals would be allowed to grow up to four plants at home for personal use. [Full Article...]

Ecuador to partially recount presidential election votes

Ecuador to partially recount presidential election votes Ecuador's electoral authority has confirmed that Lenin Moreno, the ruling party candidate, won the presidential runoff election although a recount of 1.3 million votes will still be conducted. The OAS has said its mission of electoral observers visited at random 480 voting centers nationwide found no discrepancies between the tallies and the official results. [Full Article...]

Antonio Conte takes the blame following Chelsea defeat

Antonio Conte takes the blame following Chelsea defeat Replacement Rashford made the breakthrough as United threw the title race open, and kept their own top-four hopes alive, with Ander Herrera adding the second goal. Although Chelsea began well after kickoff, it was a controversial handball decision that went against them and led to the first goal. He plays every game, on the right on the left in one striker in two strikers. [Full Article...]

U.S. Treasury Department does not label China currency manipulator

U.S. Treasury Department does not label China currency manipulator Trump's evolution also reflects changing power dynamics within the White House, including the rise of Gary Cohn, his economics chief and the former president of Goldman Sachs, and other more moderate business leaders. Secretary of State Rex Tillerson's visit last week to Russian Federation had highlighted the relationship as being at an all-time low. The United States has declined to label Ch... [Full Article...]

Delta could offer passengers close to $10000 to give up their seats

Delta could offer passengers close to $10000 to give up their seats The airline, owned by United Continental Holdings, said on Friday that it would make sure crew travelling on its aircraft are booked into seats at least 60 minutes before departure. Dao's attorney on Thursday said his client had suffered a concussion and a broken nose and lost two teeth. O'Hare security officers who responded and removed Dao have been placed on leave, pending an investigation. [Full Article...]

Tesla shares rise after Musk tweets unveiling of truck in September

Like Tesla's other vehicles, the semi-truck will be electric. Long-term investors see value in Tesla's stock because the company is a first-mover in the commercial electric vehicle game in the United States. The stock market responded extremely positive to the news from Tesla , closing at $304 a share, up $7.16, a 2.4 per cent increase overnight; giving it a market value of $49.6 billion. [Full Article...]

YouTube TV Launches With Two Amazing Freebies

YouTube TV Launches With Two Amazing Freebies Google's attempt to take on your cable company went live on Wednesday with the debut of YouTube TV . For people living outside these five areas, the service is collecting email addresses for interested parties, for Google to send a message at a later time when YouTube TV becomes available in other markets. [Full Article...]

Iran boosts gas production from underwater field

Iran boosts gas production from underwater field Iran invested $8.1 billion in the mentioned phases, which became semi-operational in 2014. ‎Two phases will bring about $5 billion revenues for the country on a yearly basis. Earlier this month, Qatar said it had lifted a self-imposed ban on development of the joint field, as the world's top LNG exporter looks to see off an expected rise in competition. [Full Article...]


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