IEA cuts oil demand growth forecast for 2017
August 31, 2016
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IEA cuts oil demand growth forecast for 2017

Global demand for oil will grow by 1.2 million barrels per day (bpd) in 2017,…

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Benghazi emails involving Clinton recovered by FBI
August 31, 2016
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Benghazi emails involving Clinton recovered by FBI

A spokesman for the department noted that the approximately 30 documents in question are still…

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U.S. stock futures higher after inflation, spending data
August 31, 2016
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U.S. stock futures higher after inflation, spending data

Non-farm payrolls data due out in the USA on Friday are expected to show the…

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Asian stocks mostly rise on hopes for higher U.S. rates
August 31, 2016
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Asian stocks mostly rise on hopes for higher U.S. rates

The greenback has been on a bullish footing since Friday’s comments by Fed Chair Janet…

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Abercrombie & Fitch sales fall for 14th straight quarter
August 31, 2016
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Abercrombie & Fitch sales fall for 14th straight quarter

The company expects adverse foreign currency effects on sales to be about $25 million and…

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Indian Oil Q1 net jumps 25 pc at Rs 8269 cr
August 31, 2016
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Business

Indian Oil Q1 net jumps 25 pc at Rs 8269 cr

DLF Ltd, India’s largest real estate developer, has shortlisted bidders for the ongoing office stake…

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Five questions about the EU’s tax ruling against Apple
August 31, 2016
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Business

Five questions about the EU’s tax ruling against Apple

Today it has been reported that tech giant, Apple, will have to pay Ireland up…

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Los Angeles developer buys iconic Tribune Tower in Chicago
August 31, 2016
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Business

Los Angeles developer buys iconic Tribune Tower in Chicago

CIM Group plans to redevelop the tower, which means that the Tribune will be vacating…

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US Consumer Spending Up, Rate More Likely
August 31, 2016
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Business

US Consumer Spending Up, Rate More Likely

Laura Rosner, an economist at BNP Paribas, described both the income and spending numbers for…

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Oil prices rise as dollar comes off two-week high
August 31, 2016
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Business

Oil prices rise as dollar comes off two-week high

Oil entered a bull market on August 18, less than three weeks after tumbling into…

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