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Finance

Oil jumped nearly 3% over the past two sessions as weeks of tensions following a Kurdish independence referendum flared into open conflict in the Kirkuk region. "In the case of Kurdistan, the 500,000 bpd Kirkuk oil field cluster is at risk with initial reports that 350,000 bpd has shut in, although this remains unclear, " Goldman Sachs said on Tuesday".
  • China announces imposition of oil sanctions on North Korea from Oct 1

    China announces imposition of oil sanctions on North Korea from Oct 1

    Finance

    The U.N. sanctions were a response to North Korea's sixth nuclear test, which experts said was its biggest by far, earlier this month. Imports of textiles from North Korea would also be banned immediately, the statement said. But on the fringes of the United Nations meeting this week, North Korean Foreign Minister Ri Yong Ho upped the tensions further, telling reporters Pyongyang might now consider detonating a hydrogen bomb outside its territory.
  • Mahira, Ranbir pictures become target of fans' criticism

    Mahira, Ranbir pictures become target of fans' criticism

    Finance

    After her pictures of smoking with Ranbir Kapoor in New York City went viral, actress Mahira Khan has become a victim of intense cyber-bullying and hatred. They have also slated the actress for smoking and her alleged "relationship" with Ranbir . Many people are shaming Mahira Khan on the social media for smoking .
  • Tesla abandoned Nvidia? Developing a chip with Nvidia's rival AMD

    Tesla abandoned Nvidia? Developing a chip with Nvidia's rival AMD

    Finance

    CNBC reported Tesla has received samples of the processor chip and is now running tests on it, according to sources. According to tech website WCCFTech, the new AI chip could be AMD's next-generation Navi graphics architecture. Mark Lipacis, an analyst at Jefferies, thinks the Tesla partnership is a "critical win" for AMD , but that it's only the first step for the company if it really wants take on Nvidia .
  • Trump Hurts Cohn Chances For Fed Chair, Several Candidates Under Consideration

    Trump Hurts Cohn Chances For Fed Chair, Several Candidates Under Consideration

    Finance

    He has an opportunity to shape the Fed - last week, Vice Chair Stanley Fischer announced he was stepping down, making the fourth upcoming vacancy on the Fed's seven-member board of governors. The cause of Cohn's fall was his reaction to the president's comments about violence in Charlottesville, Va. A White House official cautioned that Mr.
  • European Union court rejects appeals against migrant (2)

    Finance

    The ruling follows an European Union decision made in 2015 to rehouse some 160,000 refugees from Greece and Italy over a period of two years, only around 27,700 of whom have been settled so far. The court added that although pledges by European Union counties to take in asylum seekers are slow - it blamed a "lack of cooperation on the part of certain member states" - the legality of the decision was not affected by the policy's success.
  • Duke and Duchess of Cambridge expecting third child

    Finance

    In an announcement from Kensington Palace, the royal family is "delighted with the news". This is published unedited from the PTI feed . Recent guidelines from the Royal College Of Obstetricians and Gynaecologists warned that around 10 per cent of women with the severest form of morning sickness opt for an abortion because they fear that they, or their baby will die and worry that their symptoms prevent them taking care of their families.
  • Are Analysts Bearish NEXT plc (LON:NXT) After Last Week?

    Finance

    Wells Fargo Mn has invested 0% in PZ Cussons plc (LON:PZC). It also upped Sunoco Logistics Prtnrs LP (NYSE:SXL) stake by 2.41M shares and now owns 12.60M shares. Barclays PLC reiterated an overweight rating and set a GBX 2,600 ($33.63) price objective on shares of Micro Focus International plc in a research note on Friday, June 2nd.
  • Volkswagen introduce scrappage scheme worth up to £6000

    Volkswagen introduce scrappage scheme worth up to £6000

    Finance

    The Volkswagen brand scheme, first hinted at earlier this month by VW when it revealed a similar strategy in Germany, will offer £1800 off a new Up, while the highest saving is reserved for the Sharan and Passat GTE at £6000. He said VW's scrappage incentives would vary from country to country due to factors such as transport costs and vehicles being cheaper in its home market.
  • World badminton PV Sindhu wins the Silver Medal

    World badminton PV Sindhu wins the Silver Medal

    Finance

    Saina ran away with the first game at 21-12 in a rather spirited manner in the semi-final of the World championship in Glasgow . At the interval in Game 1, Sindhu was comfortably ahead 11-5 but Okuhara soon brought her A game to the court to lead 13-11 before Sindhu came back to level it at 19-all.
  • Walmart Partners With Google for Voice Shopping

    Walmart Partners With Google for Voice Shopping

    Finance

    Existing Walmart customers will also be able to link their Walmart account to Google to receive personalized shopping results based on online and in-store purchases. Starting next month Walmart becomes the third but also the biggest store accessible from Google Express, combining Walmart's supplies and Google's machine learning to try and outdo Amazon .