Economy

BA flight to London cancelled

The computer system failure that grounded thousands of British Airways flights over the weekend could cost the airline more than $100 million. The British union GMB linked the IT problems directly to the company's decision to cut IT staff previous year. [Full Article...]

OPEC oil cut extension renews Asia's crude supply worries

The Organization of the Petroleum Exporting Countries and some non-OPEC producers pledged last week to extend production cuts of around 1.8 million barrels per day (bpd) until March 2018. Total volume traded was about 15% below the 100-day average. Prices rose 90 cents to close at $49.80 on Friday. Brent crude, the global oil benchmark, fell 0.3% to $52.02 a barrel on London's ICE Futures ex... [Full Article...]

Windsor beats Erie 4-3 to win Memorial Cup

Windsor beats Erie 4-3 to win Memorial Cup The 20-year-old left winger scored had 52 points (15 goals, 37 assists) in 59 regular-season games between Niagara and Windsor. "They're part of this too and helped us bring it home". Bracco then found Knott in alone on Timpano only for the Erie netminder to shut him down with a pad save. Immediately after, Fergus took a penalty that put Windsor on the power play and they capitalized, tying it up ... [Full Article...]

Gonzalez pitches White Sox over Tigers 7-3

Gonzalez pitches White Sox over Tigers 7-3 Touted prospect Luis Robert threw out the ceremonial first pitch to Cuban countryman Abreu on the day he signed a minor league contract with the White Sox. "I started off really good", Gonzalez said. "(Friday) when he pinch hit I guess at some point running he felt a little bit in his hamstring again, and this thing has kind of lingered now for over three weeks", manager Brad Ausmus said. [Full Article...]

British PM May's lead halves to 6 pct points - ORB poll

The ORB poll for the Sunday Telegraph had Tories down two points in the past week on 44%, six points ahead of Jeremy Corbyn's Labour on 38% (up four points), with Lib Dems on 7% (unchanged) and Ukip on 5% (down two). "I don't have the same hairstyle, I don't have the same views". The party would add 17,000 officers and staff, including 10,000 police, to reverse the impact of Conservative cuts, a... [Full Article...]

Sensex hits record high for 3rd straight day, Nifty50 tops 9600

The 30-share index, which had opened at 30,944 against Friday's close of 31,028, witnessed a 344-point swing in intraday trade. Since a few overseas markets were closed, there were not too many triggers, which put a lid on the stocks' advance. [Full Article...]

Celtic manager Brendan Rodgers says treble win is an 'incredible feeling'

Celtic manager Brendan Rodgers says treble win is an 'incredible feeling' After the two sides exchanged blows early on through Jonny Hayes and Stuart Armstrong, it wasn't until injury time at the death of the game that saw Celtic come through victorious. "But it shows how well we prepared and how much dedication we put into the whole season". "We worked very hard and it's just unbelievable". Already planning for the Champions League qualifiers in mid-July, Rodgers... [Full Article...]

Melania Trump Hails 'Empowerment of Women' at Saudi Company Visit

On the eve of Mr Trump's visit, Prime Minister Benjamin Netanyahu's security cabinet approved several confidence-building measures, including construction permits for Palestinians near their cities in parts of the West Bank that had previously been off limits, a senior official said. [Full Article...]

Police arrest man on English south coast in bombing inquiry

Police arrest man on English south coast in bombing inquiry The total number of people in custody over the attack rose to 13 when a 19-year-old man was detained during a search of a house in the Gorton area of the city late on Sunday. Her comments came after police issued CCTV stills of Abedi, bespectacled and casually clothed, in a plea for information about his movements between 18 May and the attack last Monday night. [Full Article...]

British Airways chaos continues into third day after IT system outage

British Airways chaos continues into third day after IT system outage Because of the large numbers at Heathrow's Terminal 5, customers should not turn up at the terminal until 90 minutes before their flight's scheduled departure time . Heathrow airport said there were continuing delays and that all passengers should check the status of their flight before leaving for the airport. [Full Article...]

New French president promises tough talk at first Putin meeting

Mr. Trump finally seemed ready to pull away - but Macron evidently wasn't. The two leaders were addressing some journalists and photographers when they shook hands on Thursday. He gave further comments to The Associated Press, saying "that is how you get respect". I don't let anything pass. Putin's visit will also afford an opportunity for the two leaders to "discuss the state and the prospects ... [Full Article...]

Oil Prices Drop as US Drilling hits OPEC's Push to Consolidate Supply

At Multi Commodity Exchange, crude oil for delivery in July contract was trading higher by Rs 41 or 1.28 per cent to Rs 3,245 per barrel in a business turnover of 4,869 lots. The U.S. have opted to stay out of OPEC, and the production has escalated 10 percent since mid-2016, touching the levels of top oil producing countries such as Saudi Arabia and Russian Federation. [Full Article...]

British Airways aims to restore normal flight service after IT failure

British Airways aims to restore normal flight service after IT failure Thousands of travellers faced further chaos on Sunday as British Airways cancelled around 40 flights from London's Heathrow Airport following an IT system failure . But he said there would still be delays, as well as some canceled short-haul flights. She said that flight was cancelled, and another flight she rebooked for Sunday was also cancelled, while there was no sign or news of the co... [Full Article...]

British Airways Says Resumes Flights From Gatwick and Heathrow

Sundays generally are the least busy day for airlines, limiting the number of British Airways customers affected and making it easier to restore operations to normal. Mick Rix, GMB national officer for aviation, said:"This could have all been avoided". And after years of rapid consolidation in the business, these computer systems may be a hodgepodge of parts of varying ages and from different me... [Full Article...]

Greece Says Vital Loan Payment Not Affected by Debt Talks Impasse

Jeroen Dijsselbloem, the Dutch finance minister, and head of the so-called eurogroup of finance minister said: "We were very close and we were just unable to manage it tonight". The Washington-based fund has repeatedly said it is looking for "a credible strategy to restore debt sustainability". Work will continue in the coming weeks with the aim of reaching a conclusion on 15 June at the next me... [Full Article...]

U.S. military confirms North Korean launch of short-range ballistic missile

Japanese Chief Cabinet Secretary Yoshihide Suga said the missile fell into Japan's exclusive economic zone in the sea. "As agreed during the G7 summit, the North Korean problem is the worldwide community's top priority", Abe said, following reports of North Korea's latest test-launch. [Full Article...]

OPEC extends production cuts

Ministers assigned to a joint committee monitoring an agreement to sideline 1.8 million barrels per day to balance an oversupplied market left a meeting Wednesday with a recommendation to extend the deal for nine months. OPEC oil ministers are, however, continuing their discussions in Vienna after three hours of talks. OPEC, despite its clumsiness, is expanding its base and its access to prod... [Full Article...]

AIA Statement on Trump Administration's NAFTA Notification Letter

AIA Statement on Trump Administration's NAFTA Notification Letter Agriculture Secretary Sonny Perdue issued the following statement after U.S. Trade Representative Lighthizer notified Congress that Trump intends to renegotiate NAFTA: "While NAFTA has been an overall positive for American agriculture, any trade deal can always be improved". [Full Article...]

South Korea military: North Korea fires off apparent ballistic missile

On Monday morning, a short-range ballistic missile traveled around 450km and landed in the Sea of Japan , 300km off the Japanese coast. The South's Joint Chiefs of Staff described it as a Scud-type missile which flew for some 280 miles, NPR's Jihye Lee tells our Newscast unit, from Seoul . [Full Article...]

Analysts Showing Optimistic Trends For Yamana Gold, Inc. (AUY)

Analysts Showing Optimistic Trends For Yamana Gold, Inc. (AUY) AUY has been the topic of several other research reports. The Stock now has a consensus recommendation of 2.80. A rating of 4 or 5 would indicate a consensus Sell. However a year ago for the same quarter the company has reported $0.01 EPS. Investors of record on Friday, June 30th will be paid a dividend of $0.005 per share. [Full Article...]


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