Markets

No respect for elders: China's new oil benchmark crushing old-timer Brent

No respect for elders: China's new oil benchmark crushing old-timer Brent

Brent and WTI crude oil futures dipped on Monday as concerns of a looming trade dispute between the United States and China weighed on global markets. The price of Brent hit $71 per barrel in the middle of January, despite surging production by the United States, which is offset by the production cuts led by the Organisation of Petroleum Exporting Countries (OPEC) and Russian Federation. Read More

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Non-stop London to Perth flights begin this weekend

Non-stop London to Perth flights begin this weekend

The flight , dubbed QF9, will run daily. 'This is a truly historic flight that opens up a new era of travel. The UK's longest non-stop regular passenger flight will set off back for Perth at 1.15pm on Sunday. The Boeing 787-9 Dreamliner completed the 9,226-mile journey eight minutes ahead of schedule. "That might be the distinction where ultra-long-haul non-stop becomes the preserve of the senior exec or those who maybe have more time-critical business", Johnson said. Read More

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Extent of US-China trade fight depends on Trump's goals

Extent of US-China trade fight depends on Trump's goals

The Chinese embassy in Washington said that China "has demonstrated sincerity in making reasonable suggestions to the U.S., and has made great efforts to address the current trade imbalance between China and the United States". China announced a more modest package of potential tariffs of its own and vowed to "fight to the end" to defend its interests if a trade war breaks out. Read More

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Alibaba invests extra US$2bn in Lazada Group

Alibaba invests extra US$2bn in Lazada Group

The company added an additional $1 billion investment in June 2017 , which took its stake up to 83 percent , and solidified the brand's influence over Lazada. Alibaba operates in more than 200 countries and has more than 500 million people using its shopping apps every month, allowing Lazada to tap more of the e-commerce giant's resources. Read More

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Notable Traders Recap: Electronic Arts Inc., (NASDAQ: EA), NIKE, Inc., (NYSE: NKE)

Notable Traders Recap: Electronic Arts Inc., (NASDAQ: EA), NIKE, Inc., (NYSE: NKE)

ILLEGAL ACTIVITY NOTICE: " Dicks Sporting Goods Inc ( DKS ) Receives Average Recommendation of "Hold" from Brokerages" was originally reported by StockNewsTimes and is the property of of StockNewsTimes. (NYSE: DKS ) rating on Thursday, June 29. Raymond James downgraded the stock to "Underperform" rating in Wednesday, November 18 report. Among 20 analysts covering Perrigo Company Plc ( NYSE:PRGO ), 9 have Buy rating, 0 Sell and 11 Hold. Read More

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Walmart Expands Same-Day Delivery, Looks to Match Amazon

Walmart Expands Same-Day Delivery, Looks to Match Amazon

The company will use a team of personal shoppers to pull together orders in stores and team up with crowdsourced delivery services, including Uber , to send the groceries, according to CNET . Amazon acquired Whole Foods previous year and plans to expand the delivery service nationwide . "It reflects a willingness to take on a cost that many others have been pushing off onto delivery services like Instacart and Shipt", he said . Read More

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Serena sets up Indian Wells showdown with sister Venus

Serena sets up Indian Wells showdown with sister Venus

I haven't played more than a year, my daughter was born, and now I need to go to her". She is not yet in prime form, not yet in prime shape, but in her first two matches she has proved she still has staying power, coming to the net effectively, something she appears to be emphasizing in this comeback, and playing the crucial points with trademark intensity. Read More

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Warren: 'I'm not running for president'

Warren: 'I'm not running for president'

It's a term that Warren has said she considers a racial slur. Warren defended herself on NBC's "Meet the Press with Chuck Todd" Sunday morning when asked what she thought about taking an easily accessible DNA test, such as those offered by 23andMe or Ancestry, to settle the ongoing controversy over her heritage. Read More

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IndiGo cancels 65 flights after DGCA grounds planes with faulty engines

IndiGo cancels 65 flights after DGCA grounds planes with faulty engines

A successor of the A320 family, the Airbus A320 neo is passenger aircraft that comprises four narrow-bodied aircraft variants: A318neo, A319neo, A320neo and A321neo. A senior DGCA official said 8 aircraft of IndiGo would be grounded. In an emailed statement to Bloomberg , the company said that it was working with its clients so that there is no disruption in operations and has already started delivering engines with the "upgraded configuration". Read More

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England will be licking lips at chance to derail Irish slam - Sexton

England will be licking lips at chance to derail Irish slam - Sexton

He's determined he doesn't squander this rare shot at a Grand Slam. "It's very similar to that now, I know Rory (Best, the captain) is desperate for a Grand Slam because he thinks he'll be a bigger part of it than he played back then". With an bad record away from home, the Scots' own championship bid was nearly inevitably squashed by an Irish side which owns the visitors in Dublin, where Scotland has won only once in 20 years. Read More

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Active Shooter Confirmed at Yountville Veteran's Home in Napa County

Active Shooter Confirmed at Yountville Veteran's Home in Napa County

He spoke to her by phone. The Napa Valley Register reported an armed gunman, dressed in black with body armor, entered the building and may have taken hostages. Police have evacuated the property, though some people were still trapped inside. An armed man took three hostages during an "active shooter situation" at a California veterans home Friday afternoon, a fire official said, according to the Associated Press . Read More

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Missouri officer killed, 2 injured responding to 911 call

Missouri officer killed, 2 injured responding to 911 call

They've confirmed that 30-year-old Police Officer Christopher Ryan Morton was the one killed . One officer has minor injuries, and the other officer's injuries are unknown. Fox 4 reports this is the second #police officer killed in the line of duty in Clinton, Missouri in the a year ago. This is the second officer in 7 months to be killed in the line of duty. Read More

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NorCal Teen Arrested With Loaded AR-15 After Threatening High School Student

NorCal Teen Arrested With Loaded AR-15 After Threatening High School Student

George Police Department wrote in a statement . The suspect was arrested Tuesday morning and will face charges of manufacture, possession, sale, use or attempted use of a weapon of mass destruction , and maybe more, police said . "[We] appreciate the cooperation of all students and staff in keeping this incident from interrupting the learning environment today". The juvenile was expected to be arraigned Tuesday at Wareham District Court on the following criminal offenses: bomb/weapons ... Read More

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Woods adds Valspar tourney near Tampa to his road to Masters

Woods adds Valspar tourney near Tampa to his road to Masters

Both events are near his home in Florida with the Valspar taking place at Innisbrook in Palm Harbor and the Arnold Palmer, which Woods has won eight times, being hosted at Bay Hill in Orlando. "I don't think he's all the way there and all the way back". Feherty, now a Golf Channel analyst, has assessed the American's recent form, posture, and swing, and believes the 42-year-old has rediscovered his swagger. Read More

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Uber rolls out transit-style Express Pool service in Denver

Uber rolls out transit-style Express Pool service in Denver

Within the next two days, the around-the-clock service will start running in Los Angeles; Philadelphia; Washington, D.C.; Miami, San Diego and Denver. The goal is to make the overall ride faster and more direct for all users. And, as of Wednesday, it's officially adding a new service to its roster that'll cater to people who don't want to spend a lot of money: a low-priced carpool service called Express Pool. Read More

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Stocks climb as Dow adds 409 points

Stocks climb as Dow adds 409 points

President Donald Trump unveiled the country's latest budget Monday, with the White House calling for $3 trillion in deficit reduction , which would include $1.7 trillion in mandatory spending cuts, while proposing to cut discretionary spending by 2 percent a year after 2019. Read More

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