Markets

Risk premium returns to oil over Iraq fighting, rising US-Iran tensions

Risk premium returns to oil over Iraq fighting, rising US-Iran tensions

Oil prices have climbed following API inventory data, which revealed a 7.1 million barrel decline in USA crude inventories, versus expectations for a 4 million barrel draw. Analysts said traders built fresh positions following crude oil prices jumping in Asian trade as data showed a drop in U.S. stockpiles. The American Petroleum Institute (API), an industry trade group, will release US weekly petroleum inventory data at 4:30 p.m. Read More

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Walmart expects surge in online sales as its digital strategy ramps up

Walmart expects surge in online sales as its digital strategy ramps up

In addition, Walmart said it would open less than 25 new brick-and-mortar store locations in fiscal 2019 while investing in expanded ecommerce infrastructure, including more online grocery pickup locations. Senior vice president at Walmart U.S, Daniel Eckert said that the company realizes that returning an item and waiting for a refund isn't generally consistent for that reason the firm entirely changed the procedure for the clients. Read More

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Edmonton terror attacks: Abdulahi Sharif charged with attempted murder

Edmonton terror attacks: Abdulahi Sharif charged with attempted murder

Despite the incident, Canada's government said it was keeping the terrorism threat level at medium, where it has been since late 2014 after two deadly attacks attributed to homegrown radicals. "It's not critical, " Knecht said of the injuries. Police set up checkpoints in the area and began stopping cars, and held up a U-Haul van driver whose identification matched the registered owner of the Malibu. Read More

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GM to offer 2 more electric vehicles in next 18 months

GM to offer 2 more electric vehicles in next 18 months

For now, though, GM isn't saying exactly when that purely electric future will be. For instance, while battery electric is one strategy, as per the Bolt EV, GM is also looking to hydrogen fuel cells. US -based auto giant General Motors has revealed plans to roll out at least 20 new all-electric vehicles by 2023. Shares of the company opened at Rs 428.25 and touched a high and low of Rs 428.25 and Rs 418.80, respectively, in trade so far. Read More

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Roku IPO: Shares up 30 percent in morning trading

Roku IPO: Shares up 30 percent in morning trading

Now it has to compete with devices from Amazon , Google, and Apple . Roku was founded in 2002 and has always been admired by even staunch rivals for having crafted perhaps the most elegant user interface in the streaming game. The company plans to make more money for every hour of viewing by selling more advertisements within its platform. The company brought in $398.6 million in revenue previous year, up 25% from $319.9 million in 2015. Read More

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Trump denounces 'loser terrorist' after London attack

Trump denounces 'loser terrorist' after London attack

Prime Minister Theresa May , acting on the recommendation of the Joint Terrorism Analysis Center, raised the country's threat level from "severe" to "critical" - its highest possible level. Islamic State has repeatedly called on its followers to carry out attacks on trains. The attack marks the fifth terrorist incident in the United Kingdom of 2017. Read More

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Liberum Downgrades Rating On Astrazeneca PLC (AZN)

Liberum Downgrades Rating On Astrazeneca PLC (AZN)

Alcoa Corp (NYSE:AA) has 0.00% since September 14, 2016 and is. FBR Capital maintained TCF Financial Corporation (NYSE:TCF) on Saturday, September 5 with "Outperform" rating. Investors sentiment decreased to 0 in Q4 2016. Analysts expect next quarter's EPS to be $0.39 and the next full year EPS is projected to be $1.69. 87 funds opened positions while 340 raised stakes. Read More

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Sindhu Returns with a Silver

Sindhu Returns with a Silver

Sindhu has a 3-3 head-to-head record with her summit clash rival Okuhara in their last six meetings. Pusarla Sindhu of India guaranteed herself a third worlds medal after beating Sun Yu of China 21-14, 21-9. A net error stopped Okuhara's run as Sindhu held a 11-8 lead, which she extended to 18-16. Sindhu then won a point by pushing the shuttle at the back of the court. Read More

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The Senate Is Trolling Trump With Its Intelligence Bill

After Trump's defense of some of the white nationalist protesters in Charlottesville , some members of the party stepped up their criticism. Sen. House and Senate Republican leaders, recognizing that a shutdown could be punishing for their majorities, might decide to send Trump a bipartisan bill to the president's desk that dodges hot-button issues altogether. Read More

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Nasarawa State pilgrims arrive in Saudi Arabia - Amirul Hajj

Nasarawa State pilgrims arrive in Saudi Arabia - Amirul Hajj

Pilgrims who underwent the POC phase would go through immigration clearance by Saudi Arabia Immigration officers before boarding their flight in KLIA, he said. "It is usual and customary for pilgrims to be transported from any country by means of national air, land and sea transportation in that country", said Ahmed al-Rumaihi, information director at Qatar's Foreign Affairs Ministry. Read More

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Apple gets $208M in tax breaks to build Iowa data center

Apple gets $208M in tax breaks to build Iowa data center

Cupertino will also contribute about $100 million to local community development and infrastructure, including a youth sports campus. "This puts Iowa on the world stage". "This is an investment that will continue to pay dividends way beyond today". Lost in the feel-good drama of Apple Inc.'s decision to build a sprawling orchard of data servers in Waukee is the long-term benefit to the city in the form of a unique fund that the corporate behemoth will seed. Read More

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Walmart Partners with Google Express for Hands-Free Shopping

Walmart Partners with Google Express for Hands-Free Shopping

Existing Walmart customers will simply have to link their Walmart account to Google to receive personalized shopping results based on previous online and in-store Walmart purchases. Google Express earns money on commissions from those merchants. Google Express allows you to shop at a variety of popular stores including Walmart , Costco and Whole Foods Market on the app, the Express website, or by voice. Read More

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