Markets

JP Morgan revises 2017 oil price forecasts

Preliminary meetings between OPEC and several non-OPEC members have not shown any progress toward yielding a positive result. Stock futures for the March quarter on the S&P TSX index were up 0.04% recently. Germany's Commerzbank cited speculative financial investors as the major contributors to the current price rally. Net long positions in West Texas Intermediate oil, a market term describing a contract where the buyer expects prices to rise, rose by 32,200 in the week to December 13 to hit ... Read More

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Obama expected to bar drilling in swaths of Atlantic, Arctic

President Obama has already used this law to protect Alaska's Bristol Bay , the Bering Sea, and part of the Chukchi Sea. However, there is a lot of potential in the Arctic ocean. "No president has ever rescinded an open-ended reserve under this, and so there's no litigation history", John Leshy, who served as Interior's top attorney during the Clinton administration, said earlier this year. Read More

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Sadio Mane's stoppage time goal gives Liverpool 227th Merseyside Derby win

Sadio Mane's stoppage time goal gives Liverpool 227th Merseyside Derby win

Divock Origi is likely to start the match on Monday. Everton have now failed to beat Liverpool in 13 Premier League games, and will feel unfortunate not to have claimed at least a point, in what was a derby to forget for the fans. They now have one more point at this stage of the season (37) than they had in 2013 when they were top of the league at Christmas, but went on to be pipped to a long-awaited title by Manchester City. Read More

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US consumer prices up 0.2 percent in November

US consumer prices up 0.2 percent in November

The year-on-year food and non-alcoholic beverages inflation prone to transitory shocks was -1,54 percent in November while the non-food inflation rate was -0,89 percent. The Labor Department has also cited housing as a contributor of rising price pressure. Others include major food items like: bread and cereals, oil and fats, fish and meat.However, beverages like soft drink recorded the slowest pace of increase at 7.76 percent year on year. Read More

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Detroit election problems go well beyond voting machines

With the recount effort underway in MI, results show many voting precincts have differences in their voting records, reports the Daily Mail. Democrat Hillary Clinton overwhelmingly prevailed in Detroit and Wayne County. "I have not seen anyone intentionally try to run an extra ballot", Golembiewski added. Detroit City Clerk Janice Winfrey said the city's 10-year-old voting machines will be replaced following the discovery of the errors. Read More

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Nusli Wadia attacks acquisitions made by Tata Chemicals

In a 13-page letter to Tata Motors' shareholders, Wadia stressed that the automobile major, now burdened with huge debt, has large cross-holdings in group companies, including Tata Sons, Tata Capital, Tata Chemicals and Tata Steel. Considering he would have voted against the resolution brought by Tata Sons, less than half of the negative votes for the resolution may be his own. Gopichand Katragadda, group technology and innovation officer of Tata Sons, is also on the board. Read More

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India's wholesale prices up 3.15 percent in November

This story has not been edited by Firstpost staff and is generated by auto-feed. While inflation for primary articles fell in November, fuel and power and manufactured products group inflation continued to rise during the month. The decline in wholesale inflation coincides with a fall in retail inflation, which hit a two-year low of 3.63 per cent in November. It was widely expected that the prices of key commodities, particularly, food items, would decline in the aftermath of the currency ... Read More

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T seizes Rs 2.25 crore in new notes in Bengaluru

Later, the officials entered the flat with the help of the police and other inmates of the apartment, and found that one room was locked. It confirmed seizing Rs 24 crores in new currency notes in Vellore, Tamil Nadu last Sunday. In a separate case in Goa's capital Panaji, the department seized Rs 67.98 lakh in new notes of Rs 2,000 from a person who met the sleuths who were acting as decoy customers in desperate need of cash. Read More

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Advice over Avian Flu in Thurrock

Advice over Avian Flu in Thurrock

The first outbreak of the H5N8 strain of highly pathogenic avian influenza in France was found last week, just one day before France was due to declare itself free from the disease after the devastating outbreaks of last winter. Sheila Voas, Scotland chief veterinary officer said that the risk of a spread into poultry in the United Kingdom remains at "low, but heightened", although for wild birds the risk has been raised to "medium". Read More

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Chester County To Recount Votes In Several Precincts

Stein said throughout the limited recount process, no proof of hacking was discovered. Meanwhile, the fate of Green Party candidate Jill Stein's request for a recount in Pennsylvania must wait at least until a federal court hearing on Friday, just four days before the December 13 federal deadline for states to certify their election results. Read More

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Trump criticizes union leader critical of IN deal

Trump criticizes union leader critical of IN deal

Trump's deal gave United Technologies $7 million in tax breaks and sent 550 jobs to Mexico. In return, Carrier will keep about 800 jobs in IN while still moving scores of jobs to Mexico. But Pence said company executives told him soon after their February closing announcement to "don't even bother" coming up with a state incentive offer to reverse the decision. Read More

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Watch Baywatch trailer : Could you spot Priyanka Chopra?

Watch Baywatch trailer : Could you spot Priyanka Chopra?

First reactions to the trailer on social media have been mostly positive, with many saying the film looks hilarious, with many offering particular praise for Efron's abs. The " Baywatch " TV series resurrected the career of '80s action star Hasselhoff, and made Anderson an worldwide sex symbol. Zac Efron's abs alone are enough of a reason to see it when it is released. Read More

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Tata Trusts issue: Mistry seeks govt intervention

Tata Trusts issue: Mistry seeks govt intervention

The response followed Mr Mistry's claim that Ratan Tata and Soonawala used board members of Tata Sons, nominated by charities started by the Tata family, to exert "indirect control" on the group. It created an effective check and balance against any individual becoming larger than life. "The amount of capital earning negative returns posed a risk to the overall group", Mistry said in his presentation to the shareholders on the eve of the extraordinary general meeting of the shareholders for ... Read More

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Godaddy to Buy peer Host Europe Group for 1.69 Billion Euros

Godaddy to Buy peer Host Europe Group for 1.69 Billion Euros

With the American web requirements for small brands being catered to, GoDaddy feels that it is time to cross the Atlantic and move into Europe, which is another very lucrative zone for the domain provider. GoDaddy said HEG was on track to generate about $328 million in bookings and about $139 million in adjusted EBITDA in 2016. It has 1.7 million customers, with more than 7 million domains under management. Read More

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Bank of Canada signals divergence with US Federal Reserve

Bank of Canada signals divergence with US Federal Reserve

Douglas Porter, chief economist at BMO, said the overall tone of the Bank's statement was downbeat and serves "as a stark reminder that Canadian short-term rates in no way, shape or form will follow the USA lead higher". Treasuries and German government bonds amid expectations the European Central Bank will extend its bond-buying stimulus scheme this week. He said it was too soon for the central bank to factor the potential impacts of president-elect Donald Trump's election win into its ... Read More

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The Growth Forecast For General Motors Company (NYSE:GM)

The Growth Forecast For General Motors Company (NYSE:GM)

Other institutional investors have also made changes to their positions in the company. The Texas-based Motco has invested 0% in Ford Motor Company (NYSE:F). The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 1st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.78%. Read More

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With four games to go, Giants offense needs to wake up

The New York Giants couldn't consistently keep Ben Roethlisberger and the Pittsburgh Steelers out of their end zone - or, early in the game, find the right end zone themselves. "I have no idea", Cruz said. The interception and then the fourth down. For however good their defense is, their offense is the complete opposite. "It just needs to be soon". Read More

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UK paying to access single market is 'speculation'

UK paying to access single market is 'speculation'

Asked on Peston on Sunday whether students should be excluded from migration numbers, Johnson said: "I do take that view". "That is obviously something that David Davis is considering", Johnson said. to be able to do free trade deals". "That is a different thing from somehow remaining within the zone where there is now free movement of goods and services". Read More

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Wynn joins Vegas resorts ending free valet

Wynn joins Vegas resorts ending free valet

Like the drinks you get while gambling, casino parking in Las Vegas is often a "freebie". The first properties that will charge for parking will be The LINQ and Harrah's. and MGM Resorts International announced they will phase out their free parking and valet services. Parking at Caesars properties will remain free for locals with proper identification and Total Rewards loyalty members rated Platinum and above. Read More

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New 2017 Ford Fiesta unveiled

There will be three- and five-door variants available. The new Fiesta will also feature the latest safety systems: its anti-collision detectors can spot an obstacle 130-meters away, while the autonomous emergency braking system will step in if drivers fail to take appropriate action. Read More

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