Markets

Qatar flights halted as Gulf crisis escalates

05 June 2017, 08:01

Bahrain's ruling class weathered an uprising in 2011 during the Arab Spring, largely due to Saudi support, including troops. The ministry's statement said Qatari citizens needed to leave Bahrain within two weeks and that air and sea traffic between...

Qatar regrets Gulf countries decision to cut diplomatic ties

05 June 2017, 07:54

According to reports, Saudi Arabia was also cutting land, air and sea contact with Qatar. Bahrain blamed Qatar's "media incitement, support for armed terrorist activities and funding linked to Iranian groups to carry out sabotage and spreading ...

Etihad airline suspends flights to Qatar

05 June 2017, 07:49

Saudi Arabia, the UAE, Egypt, Bahrain, Yemen and Libya's General Khalifa Haftar all cut off diplomatic contact with Qatar on Monday morning, after officially accusing the Gulf state of "sponsoring terrorism". The reason for the collective decision ...

EU Commissioner: Paris Deal Not Subject to Renegotiation Despite US Withdrawal

05 June 2017, 07:33

However, his decision to pull the USA from the voluntary agreement isolates the country from most of the rest of the world. Brown immediately blasted the President's action. China , India and European countries have all promised to continue...

Bahrain, Saudi Arabia, Egypt & UAE cut diplomatic ties with Qatar, citing militancy

05 June 2017, 07:18

Relations between Qatar and the other Gulf Arab states suffered an eight-month breach in 2014 over the kingdom's support for the Muslim Brotherhood. foreign policy posted on its website and wrongly attributed to Qatar's leader. Qatar later sai...

Saudi Arabia suspends Qatari troops participation in war in Yemen

05 June 2017, 07:00

Al-Jazeera is reporting that trucks carrying food for Qatar are now lining up across the border in Saudi Arabia , unable to enter the country amid a diplomatic row between it and Arab nations. An impact is likely to be felt on the UAE's tourism in...

Putin suggests United States hackers could have interfered with election, blamed Russian Federation

05 June 2017, 06:25

Putin also said he was unaware of any proposal from Jared Kushner , Trump's son-in-law, to set up a secret line of communications between the incoming administration and the Russian government. "Anything at all he could spray out there", Picker...

Qatar denounces 'unjustified' cut of Gulf ties

05 June 2017, 05:44

Also, many Qatar Airways flights to other Middle East countries operate through Saudi air space and this will be denied. It was not immediately clear how Monday's announcement would affect other airlines. Bahrain blamed Qatar's "media incitement...

Oil prices drop amid glut concerns, U.S. withdrawal from climate deal

05 June 2017, 05:31

Crude oil inventories again fell significantly, draining US stockpiles by more than 10 million barrels over the past two weeks, the Energy Department reported Thursday. Another understanding was that there would be a very sharp correction in supply-d...

Cher Pays Her Respects to Ex-Husband Gregg Allman at His Funeral

05 June 2017, 05:15

Gregg Allman died May 27 at the age of 69 in Savannah , Georgia. He is survived by his children Elijah Blue, Michael, Devon, Delilah and Layla. Ann Sewell, left, and Barbara Tsiklistas embrace outside of Rose Hill Cemetery, where Gregg Allman ...

Arab nations sever diplomatic ties with Qatar

05 June 2017, 05:10

The Kremlin commented on the decision by a number of Arab nations to sever diplomatic relations with Qatar and said on Monday it is in Moscow's interest to have a "stable and peaceful" situation in the Gulf . Turkey enjoys friendly relations wit...

PM May's lead falls to 3 pct points

05 June 2017, 05:05

Currently, the government has 330 seats and, with support, a working parliamentary majority of 17 (http://www. parliament .uk/mps-lords-and-offices/mps/current-state-of-the-parties/). And former Labour leader Ed Miliband tweeted this succinct take-...

NDTV chief Prannoy Roy under CBI lens, channel calls it 'witch-hunt'

05 June 2017, 04:59

Prannoy Roy , the founder and executive co-chairperson of NDTV . The CBI said that searches are being conducted today at four places including Delhi and Dehradun. After accusing the channel of pursuing "an agenda" during a studio debate on the gov...

Indian shares at record closing highs; financials lead gains

05 June 2017, 04:38

The 50-issue Nifty gained 21.60 points, or 0.22 %, to close at 9,675.10, surpassing its previous record closing of 9,653.50 on June 2. The BSE 30-share Sensex resumed flat at 31,274.74 and oscillated between an all-time peak of 31,355.42 and a ...

Ford CEO Ousted for Automated Vehicle Exec

05 June 2017, 04:28

Following the announcement of Fields departure and Hackett's huge promotion, Bill Ford compared his vehicle maker's new CEO to Mulally who averted disaster in the last economic meltdown. Ford has replaced its chief executive, Mark Fields , followi...

Sun Life Financial Inc. (NYSE:SLF) Reviewed By Analysts

05 June 2017, 03:30

Finally, Royal Bank of Canada decreased their target price on shares of Sun Life Financial from C$53.00 to C$51.00 and set a "sector perform" rating for the company in a research report on Friday, February 17th. If you are viewing this story on ano...

Three lawsuits allege foot-dragging by Fox on harassment

05 June 2017, 03:16

The suit condemned the conduct of Fox News Radio executive Mitch Davis; in a press release, Wigdor LLP says that Davis has subsequently announced his intention to retire. In addition to filing the lawsuits, Wigdor sent a letter summarizing their ...

FBR & Co Comments on Whiting Petroleum Corp's Q2 2017 Earnings (WLL)

05 June 2017, 03:12

UBS downgraded the shares of WLL in report on Thursday, March 23 to "Sell" rating. Wunderlich maintained the stock with "Buy" rating in Friday, July 31 report. Whiting Petroleum Corporation is an independent gas and oil company. The firm has "Secto...

US official downplays effect of Gulf rift on extremist fight

05 June 2017, 03:11

Bahrain's foreign ministry issued a statement Monday saying it was suspending diplomatic relations "in order to preserve its national security". ISLAMABAD, June 5 Pakistan has no immediate plans to cut diplomatic ties with Qatar , a spokesman for...

Unemployment just fell for all the wrong reasons

05 June 2017, 03:04

Job gains occurred in health care and mining. The share of people who are either working or job hunting relative to everyone in their prime working age - the labor-force participation rate - declined to 62.7% from 62.9%. Over the last 12 months, th...

Ransomware: WannaCry was basic, next time could be much worse

05 June 2017, 02:52

According to Kaspersky's data, more Windows 10 users were affected by the WannaCry ransomware than those running Windows XP. Just last week we told you about the largest ransomware attack on record, dubbed WannaCry . "Hackers can use these ver...

Pa.'s federal lawmakers assess Trump budget

05 June 2017, 02:43

And it omits any proposal for negotiating prescription drug prices, a frequent Trump talking point. The administration has requested $2.6 billion for overall border security . But the budget repeated Trump's previous proposals for double-digit per...

Egypt, Saudi Arabia, Bahrain Cut Ties With Qatar Amid Growing Tensions

05 June 2017, 02:36

The statement said all Egyptian ports and airports would be closed to Qatari vessels. The statement on Monday morning said Bahrain made a decision to sever ties with its neighbor "on the insistence of the State of Qatar to continue destabilizing th...

Trump Aides Defend His Decision to Exit Paris Climate Accord

05 June 2017, 02:30

Tillerson, a former Exxon Mobil CEO, had urged Trump not to abandon the deal but was ultimately overruled. Mr Trump announced the U.S. was leaving for economic reasons, saying the deal would cost American jobs. Meanwhile, the New York Times re...

BA board members to request inquiry into IT outage

05 June 2017, 01:37

They assured that "At Heathrow , we operated virtually all our scheduled long-haul flights, though the Saturday's disruption resulted in a reduced short-haul program". "We are the manager of the facility for our client BA and fully support its inves...

US Will Continue to Reduce Greenhouse Emissions, Says Rex Tillerson

05 June 2017, 01:28

European leaders have said the Paris accord can not be renegotiated. Brown will also travel to China on Friday where he will participate in a climate summit and speak with Chinese officials about combatting climate change . Connecticut Go...

Islamic State claims London attack: IS-linked agency

05 June 2017, 12:12

They said he had children and had lived in the area for a number of years. Prime Minister Justin Trudeau confirmed the Canadian death Sunday morning in a statement . "We must stop being politically correct and get down to the business of security ...

Tight security and tears as Manchester benefit concert kicks off

05 June 2017, 12:04

Grande was joined by a slew of stars for the sold-out concert, including Coldplay , Pharrell Williams , Justin Bieber , Katy Perry , Miley Cyrus , Usher and the Black Eyed Peas . On stage Sunday, Braun paid tribute to the fans who turned out ...

New iPhone 8 leaks reveal large display, rear Touch ID

05 June 2017, 12:03

On average, equities research analysts predict that Apple Inc . will post $8.95 EPS for the current year. Finally, Goldman Sachs Group Inc reissued a buy rating and issued a $170.00 target price (up from $164.00) on shares of Apple in a research ...

Shock Poll Says Britain Could Be Heading For Hung Parliament