Brent Oil Outlook: hits new four-year high in strong bullish environment

Brent for November settlement rose as much as 49 cents to $81.69 a barrel on the ICE Futures Europe exchange and traded at $81.62 at 3:45 p.m.in Tokyo. Crude oil prices are now rallying. In addition, we have to remember we're dealing with a massi... More..

by | Published 22 days ago
Oil Price Soars to Multi-Year High - More to Come
by | Wednesday, September 26, 2018

Oil Price Soars to Multi-Year High - More to Come

Opec and other producers had discussed raising output by 500,000 barrels a day, Reuters reported . Ahead of Sunday's meeting, Saudi Energy Minister Khalid al Falih maintained, while speaking to reporters...More..

UK Labour Party considers new Brexit referendum at conference
by | Wednesday, September 26, 2018

UK Labour Party considers new Brexit referendum at conference

Britain's Prime Minister Theresa May makes a statement on Brexit negotiations with the European Union at Number 10 Downing Street, London September 21, 2018. But Mrs May, speaking en route to the United Na...More..

Trump criticises Iran as 'corrupt dictatorship' at United Nations
by | Wednesday, September 26, 2018

Trump criticises Iran as 'corrupt dictatorship' at United Nations

During his address , Trump also assailed Iran's leaders, accusing them of sowing " chaos, death and destruction " and calling on world governments to isolate Tehran. Trump also elicited laughs after blasti...More..

Michael Kors to buy Versace for $2.1B and change its name
by | Wednesday, September 26, 2018

Michael Kors to buy Versace for $2.1B and change its name

Shares of Kors were down about 2 percent in premarket trading following the news. "We believe that some of the work required on Versace, which includes toning down some of the brasher elements of the brand wh...More..

PNC Financial now part of Ripple money transfer network
by | Wednesday, September 26, 2018

PNC Financial now part of Ripple money transfer network

While the bank will start by using xCurrent , Birla hopes to ultimately help them begin working with Ripple's xRapid platform as well, he said. If Ripple does succeed in replacing SWIFT , many banks m...More..

US Will Only Give Aid 'to Our Friends — Trump to UN
by | Tuesday, September 25, 2018

US Will Only Give Aid 'to Our Friends — Trump to UN

Trump has long claimed that his predecessors' weak leadership prompted other nations "to laugh " at the U.S. "We reject the ideology of globalism and we embrace the doctrine of patriotism", Trump said . "Th...More..

Instagram co-founders step down from company
by | Tuesday, September 25, 2018

Instagram co-founders step down from company

Facebook is under fire for its handling of users' data and its failure to halt the spread of misinformation, most notably during the USA presidential election in 2016. 'We look forward to watching what these i...More..

China hikes tariffs on U.S. imports
by | Tuesday, September 25, 2018

China hikes tariffs on U.S. imports

Chinese President Xi Jinping's government said it would impose taxes on 5,207 US imports, worth about $60 billion, in response. US regulators went ahead with a planned 10 per cent tax on a $200 billion li...More..

by | Monday, September 24, 2018

Oil prices at four-year high, cross $80 per barrel

U.S. President Donald Trump pulled out the United States from the 2015 worldwide Iranian nuclear deal in May. Iran , OPEC's third-largest producer, has accused Trump of orchestrating the oil price rall...More..

Versace set to be sold in $2bn deal
by | Monday, September 24, 2018

Versace set to be sold in $2bn deal

Donatella Versace , sister of late founder Gianni who doubles as artistic director and vice-president of the Milan-based group, has called a staff meeting for Tuesday, according to a person who was briefed by a...More..

Six Flags Fright Fest 30-Hour Coffin Challenge
by | Monday, September 24, 2018

Six Flags Fright Fest 30-Hour Coffin Challenge

What's allowed: a pillow and blanket, a cellphone to while away the time, and a friend, though that friend will have to leave when the park closes and can't come back till opening time the next day. The victor ...More..

by | Monday, September 24, 2018

Porsche To Officially End Production Of Diesel Cars

More so, the German automaker hopes to have "every new Porsche vehicle" fitted with an electric drive - be it hybrid or purely electric. "It is, and will remain, an important propulsion technology", Blume ...More..

by | Monday, September 24, 2018

Oil prices at 4-year high after OPEC rebuffs Trump

Early last week, the market was supported by a report which said Saudi Arabia would be comfortable with Brent prices over $80 a barrel. Iran, OPEC's third-largest producer, has accused Trump of orches...More..

Australian supermarket stops selling needles after strawberry scare
by | Sunday, September 23, 2018

Australian supermarket stops selling needles after strawberry scare

POLICE says a Coles customer who bought a mango from a Central Coast store discovered a needle embedded inside. The government of Queensland state, where the contamination scare started last week, offered a...More..

Feds approve marijuana imports from Canada for UC San Diego medical research
by | Sunday, September 23, 2018

Feds approve marijuana imports from Canada for UC San Diego medical research

This week, beverage giant Coca-Cola Co. said it's interested in drinks infused with CBD, the non-psychoactive ingredient in marijuana that treats pain but doesn't get you high. The stocks jumped Tuesday when ...More..

Millions more bank customers hit by online account misery
by | Sunday, September 23, 2018

Millions more bank customers hit by online account misery

The banks had a similar problem in April a year ago, when their banking apps stopped working. "You can use our automated phone service for transfers, balances and statements". The Ulster Bank apologised but sai...More..

Refiners to pay Iran for oil in rupee
by | Sunday, September 23, 2018

Refiners to pay Iran for oil in rupee

The EU has been discussing with India that it was in the process of coming out with a payment solution as using USA dollars for oil purchase will be restrained post-November 4 when the U.S. In its report mean...More..

Dow, S&P 500 Hit Record Highs Despite Lingering Trade Tensions
by | Sunday, September 23, 2018

Dow, S&P 500 Hit Record Highs Despite Lingering Trade Tensions

At the time of writing this report, the blue-chip Dow Jones Industrial Average rallied by almost 120-points to 26,368 and the broader S&P 500 Index climbed around 3-points to 2,907. The S&P index recorded 3...More..

Netizens are slamming these expensive taped sneakers for glorifying poverty
by | Sunday, September 23, 2018

Netizens are slamming these expensive taped sneakers for glorifying poverty

Barneys and Neiman Marcus also carry some of Golden Goose's designs, but the taped sneakers are now not available on their websites . 'WTF this is unbelievable, this is poking fun at low-income families an...More..

Oil prices pull back as Trump tweet shifts focus to OPEC
by | Sunday, September 23, 2018

Oil prices pull back as Trump tweet shifts focus to OPEC

Varga further expanded by saying that the current trade war between the U.S. and other countries should have impacted the price of oil. Trump weighed into the debate via Twitter, saying "The OPEC monopoly mus...More..

Donald Trump's trade war will push up prices, predicts Walmart
by | Sunday, September 23, 2018

Donald Trump's trade war will push up prices, predicts Walmart

The problem, as always, is whether Mr. Trump's goal is to accumulate leverage for use in a near-term negotiation or to discourage trade with China permanently as a matter of policy. While the USA keeps accusing...More..

Bound Audi e-tron To Kick Start 12-Model EV Assault
by | Saturday, September 22, 2018

Bound Audi e-tron To Kick Start 12-Model EV Assault

One of those will be a grand touring version, in concept form, of the new Audi e-tron, a cornerstone of the German automaker's ambitious electrification plan. You can also argue that the Q8 has a more dynamic a...More..

Barclays apologises after users unable to use online banking
by | Saturday, September 22, 2018

Barclays apologises after users unable to use online banking

Any news what's going on here and how long will it take to be back?' Another said:: 'What's the problem with your online banking? "These justifications carry little weight if their banking apps and websites c...More..

by | Saturday, September 22, 2018

Indian oil refiner cancels Iran oil imports

Washington is pushing allies to cut Iranian oil imports to zero once the sanctions on the petroleum sector start up on November 4. The official said refiners have booked oil cargoes from Iran for the cur...More..

Oil prices drop as escalating U.S.-China trade war…
by | Saturday, September 22, 2018

Oil prices drop as escalating U.S.-China trade war…

Meanwhile, ministers from Opec nations and non-Opec producers are set to meet on Sunday to discuss compliance with output policies. The head of OPEC says the oil cartel must stick together for the good of...More..

Audi’s first all-electric SUV, the e-tron, revealed
by | Friday, September 21, 2018

Audi’s first all-electric SUV, the e-tron, revealed

It is among a volley of electric vehicles coming from Volkswagen AG brands, along with other European premium brands consisting Mercedes-Benz, BMW, Volvo Cars and Jaguar Land Rover. Overall, the e-tron doesn'...More..

Amazon Said to Consider Opening Up to 3,000 Cashierless Stores by 2021
by | Friday, September 21, 2018

Amazon Said to Consider Opening Up to 3,000 Cashierless Stores by 2021

Amazon opened its first cashierless store in Seattle two years ago and has launched two additional locations in Seattle and another in Chicago. Since then , the company has opened two more Seattle sites and...More..

30 suffer nosebleed due to Jet Airways' staff negligence
by | Thursday, September 20, 2018

30 suffer nosebleed due to Jet Airways' staff negligence

Shortly after takeoff, the flight crew forgot to switch on the cabin pressure system and oxygen masks were deployed, according to India's civil aviation regulator. The plane, scheduled to travel from Mumba...More..

by | Thursday, September 20, 2018

China Trade Friction May Last 20 Years: Jack Ma

Ma, who recently announced that he will be stepping down as Alibaba's chairman within a year, also told Xinhua that despite the current fiction, he will "not stop working hard to contribute to the healthy...More..