Business


Oil prices fall even as OPEC extends output cut

The two sides chose to remove about 1.8 million barrels per day from the market in the first half of 2017, equal to two percent of global production. A joint committee of ministers from OPEC and non-OPEC oil producers will continue to gather every two months in order to monitor the markets, the Russian minister said, adding that the intergovernmental body can meet even more frequently if needed.


British PM May seen 13 seats short of majority - YouGov

British PM May seen 13 seats short of majority - YouGov

Labour commands a lead among young Britons, but recent votes show they are the least likely to go to the polling stations. "You can only deliver Brexit if you believe in Brexit". "There is a slightly more cautious attitude as a result of those narrowing polls", said Michael Hewson, chief market analyst at CMC Markets. The poll also finds Corbyn's personal ratings continue to rise since the campaign began.


Venezuelans are outraged at Goldman Sachs

Venezuelans are outraged at Goldman Sachs

If Venezuela is not doing well economically, why is Goldman Sachs buying its bonds? US State Department Undersecretary for Political Affairs Thomas Shannon said the ultimate goal of the declaration was to "return to full respect for the rule of law, full respect for freedoms of political expression and participation" in Venezuela.


Exelon Moves to Pull Plug on Three Mile Island Nuclear Power Plant

Exelon Moves to Pull Plug on Three Mile Island Nuclear Power Plant

On Tuesday, TMI's Chicago-based owner Exelon Corp. announced it will prematurely retire the nuclear plant on or about September 30, 2019, absent some energy policy reforms. The Pennsylvania Nuclear Caucus , a group of lawmakers who want to keep the state's five nuclear plants operating, will face stiff opposition from the natural gas lobby, according to Pourreza.



Arrow Global Group (LON:ARW) Analyst Target Prices

Finally, HSBC Holdings plc lifted their price target on shares of Restaurant Group PLC from GBX 265 ($3.40) to GBX 300 ($3.85) and gave the company a reduce rating in a research report on Wednesday, March 15th. Therefore 44% are positive. The company was downgraded on Thursday, August 20 by Vetr. The firm earned "Hold" rating on Thursday, May 4 by Deutsche Bank.



US hiring pullback suggests firms are straining to fill jobs

The official unemployment rate is defined as "total unemployed, as a percent of the civilian labor force", but doesn't include a number of employment situations in which workers may find themselves. Average hourly earnings were up by 2.5 percent from the previous year to $26.22, continuing a streak of relatively weak wage growth. More than 400,000 people stopped looking for work entirely.