Business


US Crude Stockpiles Slump As Refining Surges To Record High

Those increases in inventories may nonetheless prove substantial enough to prevent prices gaining, said David Martin, an analyst at JPMorgan, who slashed his 2018 forecast for Brent crude by $10 a barrel to $45 on May 25. OPEC's crude oil production rose in May 2015-the first production rise in 2017. Oil prices rose about 1 percent on Thursday after a larger-than-expected draw in USA inventories, providing some relief amid investor scepticism that OPEC-led cuts will be enough to rebalance ...


Technicals in The Spotlight For Exact Sciences Corp (EXAS)

Technicals in The Spotlight For Exact Sciences Corp (EXAS)

Point72 Asset Management L.P. raised its position in shares of EXACT Sciences by 1,534.3% in the first quarter. The active investment managers in our partner's database now hold: 88.31 million shares, up from 87.34 million shares in 2016Q3.



How Rahul Gandhi was transported to Madhya Pradesh, detained and released

The police said that Rahul Gandhi tried to break past the security cordon, due to which he was detailed and put into preventive custody. Gandhi was taken to a guesthouse of a cement company, where he was kept for four hours. "He can only give them bullets", Gandhi said. Earlier, in a series of tweets Gandhi said: "Rajasthan and Madhya Pradesh governments are doing their best to prevent me from entering Madhya Pradesh and meeting the families of the farmers killed in Mandsaur".



Qatar crisis: UAE threatens sympathisers with prison

As anger mounted in Saudi Arabia and the United Arab Emirates, Qatar's foreign minister tried to limit the fallout. Meanwhile a series of largely lightly trafficked Saudi websites were vandalized by hackers who left messages in Farsi and photographs of Ayatollahs Ali Khamenei and Ruhollah Khomeini, the current and late supreme leaders of Iran respectively.



Rahul Gandhi accuses Modi of favouring rich, ignoring farmers

Neither do they give any bonuses. The Gandhi scion couldn't reach Mandsaur , but as soon as he crossed the Rajasthan-Madhya Pradesh border, he accused Prime Minister Narendra Modi of " waiving loans of the country's rich", but "doing nothing for the poor farmers".


GST to have positive impact on gold industry: WGC

GST to have positive impact on gold industry: WGC

The Council calls it the biggest financial reform since India's liberalization more than 20 years, and while gold consumers will face a higher tax rate (the 10% customs duty isn't affected, the 1% excise duty, and 1.2% VAT will be replaced with 3% GST), that's lower than many feared.