Money

Oil prices steady following pullback driven by inventory data

US oil prices slipped on Wednesday after a surprising increase in USA crude inventories, while USA gasoline futures rallied 1 per cent on a sharp falloff in inventories. The Organization of the Petroleum Exporting Countries , Russia and other producers have cut oil output by about 1.8 million barrels per day (bpd). [Full Article...]

Jessica Alba Just Totally Shut Down Husband Cash Warren's Baby Name Idea

Jessica Alba Just Totally Shut Down Husband Cash Warren's Baby Name Idea Taking to Instagram , the actress and Honest Company co-founder announced the happy news with a sweet video of herself and her little daughters opening a box that contained blue streamers, confetti and balloons . "I actually dream about desserts, but I'm trying not to gain too much weight with this baby, so I just dream about them. I want all the shaved ice with ice cream on the bottom - that'... [Full Article...]

Azerbaijan talks on Bad Rabbit ransomware's infecting state structures

Azerbaijan talks on Bad Rabbit ransomware's infecting state structures In Ukraine, the functioning of computer systems of Odessa worldwide airport (south) has been assigned. The jumping boards used by the hackers included the Russian media group Interfax and the website Fontanka.ru. "Based on our investigation, this is a targeted attack against corporate networks, using methods similar to those used in the ExPetr [Petya] attack. [Full Article...]

Air Canada flight lands at USA airport without permission

But the flight crew never acknowledged any of the instructions, even after controllers started flashing the crew with a red light gun to make the go-around, which is standard protocol when a crew is not responding to radio coms. The Airbus A320 was reportedly preparing to land on SFO on Runway 28-Right (28R) after a six-hour flight from Montreal. According to the FAA, four full planes were lined u... [Full Article...]

Fallen soldier's family receive $25000 cheque from Trump

Fallen soldier's family receive $25000 cheque from Trump I am glad my legal counsel has been able to finally approve this contribution to you. "He was an American hero". Trump told the family that he would " write you a check out of my personal account for $25,000", Chris Baldridge told The Washington Post last week. [Full Article...]

Former HSBC head found guilty of fraud in $3.5bn trade

A former top currency trader at HSBC faces up to 20 years in federal prison after being found guilty of conspiracy and wire fraud Monday. "The jury found that former HSBC banker Mark Johnson exploited confidential information provided by a client of the bank to execute trades that were meant to generate millions of dollars in profits for him and the bank at the expense of their client", said A... [Full Article...]

Taco Bell is selling a quesadilla stuffed with Kit Kats

Taco Bell is selling a quesadilla stuffed with Kit Kats Taco Bell is testing dessert quesadillas made with Kit Kat and Twix candy bars at stores in the United States. It was tested a year ago in the UK. It's only being sold in Wisconsin now and costs just $1. And since you're likely to work up a powerful thirst after all that sugar, why not wash it down with a vanilla iced coffee, which Taco Bell is also said to be trying out. [Full Article...]

Tesla set to build its first factory in China following government approval

Tesla set to build its first factory in China following government approval No timeframe for the launch of the Tesla plant was given. Elon Musk's Tesla electric auto company is reported to have struck a deal with Chinese authorities to build a factory in Shanghai , opening up the world's largest automotive market to the fast-growing business. [Full Article...]

Linking Aadhaar to bank account, last date December 31

Linking Aadhaar to bank account, last date December 31 In June, the Centre had issued a notification that said if a bank account holder failed to link the Aadhaar number by December 31, the account would be frozen until the information was provided to the bank. Earlier on October 14, a petition was filed in the Supreme Court questioning the government's decision to link mobile numbers and bank accounts to Aadhaar, in which concerns were raised ove... [Full Article...]

Donald Trump Is Not The First President To Send Someone A Check

Donald Trump Is Not The First President To Send Someone A Check The White House has said there is no recording of the call, but that people were in the room with Trump when it happened. Chris Baldridge said that, for him, it's less about the money and more about feeling like his country let him down after his son was killed by the Afghan soldier he was training. [Full Article...]

Northeast Ohio's Amazon 'HQ2' bid is in

Northeast Ohio's Amazon 'HQ2' bid is in Last month, the online retailer announced plans to invest $5 billion to create what it's calling, "HQ2", that could employ as many as 50,000 people in the next 15 years. Others, like Toronto, have publicly stated any are not offering any additional financial incentives. "The number one economy in Victoria is the knowledge economy", he said. [Full Article...]

UK Retail Sales Fall More Than Forecast In September

The UK National Statistics Institute announced this morning that inflation has been shot in September to 3%, its maximum in last five and a half years, a situation that could force government to increase rates of Interest to wear situation. [Full Article...]

UK Retail Sales Fall Most In 6 Months

Non-food store sales provided the greatest downward pressure, by falling 1.5 percent. An increase that has not been reflected in Salaries, which only rose by 2.1% during previous three months, and refore implies a lower profitability of money perceived by those who work and live on British soil. [Full Article...]

Trump sends check to fallen soldier's father

Trump sends check to fallen soldier's father But Mr Johnson's mother, Cowanda Jones-Johnson told the Washington Post that Mr Trump did "disrespect" her son and the rest of their family. "'I'm going to write you a check out of my personal account for $25,000, ' and I was just floored", Baldridge told the Post of his conversation with Trump. [Full Article...]

British inflation at five-year high in September, rate hike on track

British inflation at five-year high in September, rate hike on track Nominal average weekly earnings growth (2.1% in July) need to increase at the same 3.0% rate of headline CPI inflation just to keep up and maintain household spending levels. The expected rise in rates comes despite signs that the British economy is faltering - it is growing slower than any other Group of Seven industrial economy this year - and that inflation is expected to ease back down in comi... [Full Article...]

Ford recalling 1.3 million F-series pickups

Ford recalling 1.3 million F-series pickups Of the 1,344,605 vehicles affected in North America, just over 1.1 million are in the United States, with 222,408 located in Canada and another 21,000 in Mexico. Under these conditions, owners may still be able to close the door, but the latch may not fully engage. The company in November 2016 sent a bulletin to dealers that warned some 2015-2017 Ford F-150 trucks could have inoperative latche... [Full Article...]

UK's 'Big Four' See Declines In Market Share: Kantar Worldpanel

UK's 'Big Four' See Declines In Market Share: Kantar Worldpanel Morrisons was the fastest growing of the large supermarkets this period, increasing sales by 2.8% - although its overall market share fell by 0.1 percentage points to 10.3%. Christmas may be almost 70 days away but British shoppers are already in the festive mood, having purchased £4 million worth of mince pies in the last four weeks. [Full Article...]

Drone collides with passenger jet in Canada

A commercial plane in Canada was lucky to escape with only minor damage after colliding with a drone . Dubai's airport previous year said it was carrying out trials of a "drone hunter" - a remote-controlled aircraft to detect drones that are in danger of straying into the airport's space - after unauthorized drone activity forced the airport, the third busiest in the world, to shut down sev... [Full Article...]

AirAsia apologises after mid-air emergency

AirAsia apologises after mid-air emergency An alarm went off and the crew members asked the passenger to assume the brace position. It is the latest incident for AirAsia which was hit by another drama on a Perth flight earlier this year. The Australian Transport Safety Bureau, an accident investigator, said it was investigating the airliner's depressurization at 34,000 feet. Spokesman for Civil Aviation Safety Authority, Peter Gibson, sa... [Full Article...]

Oil Price Fundamental Weekly Forecast - Unrest in Iraq Could Provide Some Support

For the week, it was up around 4.4%. Brent crude was trading up today $0.87 (1.55%) on the day at $57.12-almost $2 over last week. "Last time we saw this, it cut off 1 million bpd of supplies". It reported that global crude oil supplies rose by 90,000 bpd (barrels per day) to 97.5 MMbpd (million barrels per day) in September 2017 compared to August 2017. [Full Article...]


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