Business

Nigeria accepts OPEC's production ceiling, but..

Nigeria accepts OPEC's production ceiling, but..

The next Opec and non-Opec meeting is scheduled for Nov 30, delegates said. Before the production cut was decided late previous year, OPEC had been flooding the market with oil in the hope of hurting U.S. Falih also said Saudi oil exports were set to decline steeply from June, thus helping to speed up market rebalancing. OPEC ministers were still meeting behind closed doors by 1100 GMT on Thursday.


RBA Rate Decision: Reserve Bank of Australia Keeps Overnight Rate at 1.5%

RBA Rate Decision: Reserve Bank of Australia Keeps Overnight Rate at 1.5%

The Australian dollar has climbed on the announcement, rising to 74.85 USA cents by 2.38pm AEST, having earlier fallen to a low of 74.57 U.S. cents on weaker than expected national exports data. "Taking account of the available information, the Board judged that holding the stance of monetary policy unchanged at this meeting would be consistent with sustainable growth in the economy and achieving the inflation target over time", Lowe reiterated Tuesday.


Australia's minimum wage earners just received a 3.3% pay rise

Australia's minimum wage earners just received a 3.3% pay rise

He noted company profits were "particularly strong" in 2016, above five year and ten year averages, and "subdued inflation means that there is little risk to the macroeconomic inflationary environment from our decision". Ross said the gradual improvement in the Aussie economy has become an opportunity for the commission to "improve the relative living standards of the low paid".


Walmart testing store employee delivery of US online orders

Walmart testing store employee delivery of US online orders

A company spokesman told The Post that 90% of Americans live within ten miles of a Walmart store, and that many workers are already heading by delivery points on their way home from work. Walmart is coming with a new tactic to fight Amazon , the online giant. Walmart said the test program will cut shipping costs and get the packages to their destinations faster.


Indian Army DGMO discusses LoC situation with Pak counterpart

Indian Army DGMO discusses LoC situation with Pak counterpart

Lt Gen Bhatt made it clear to the Pakistani officer that if Pakistan Army continued to abet infiltration and carry on with the cross broder firing, Indian Army would take appropriate retaliatory actions. Last month, it released a video which showed the destruction of a Pakistan Army bunker on the LoC in Indian firing. The DGMO's stance fits in with the recent position of the Army which has announced that it is acting proactively on the LoC to deter Pakistan Army from supporting militants.



Crosby scores, Malkin shoots yet Penguins lose 4-1 to Preds

What's Gaudreau's stat line in this series? When it became 4-1 on the second of Nashville's breakaways in two minutes early in the third period, the game was over. The Predators got the best of Matt Murray on Saturday. "He's done it very well". It's now a best-of-three match-up for the Stanley Cup trophy starting with Game 5 Thursday night in Pittsburgh .