Business


Tropical Storm Cindy to flood Gulf Coast

The southern Caribbean islands of Aruba, Bonaire and CuraƧao are under a tropical storm watch. Tropical Storm Cindy formed Tuesday afternoon southeast of Texas in the Gulf of Mexico . Hurricane season begins on June 1 each year, but the month of June is typically fairly quiet for tropical weather activity. Meanwhile, the Atlantic hurricane season's second tropical cyclone, Tropical Storm Bret , continues to move westward into the eastern Caribbean Sea.


US Crude Stocks Bounce Unexpectedly

US Crude Stocks Bounce Unexpectedly

Brent crude prices LCOc1 were 29 cents, or 0.6 percent, higher at a $48.35 a barrel, having fallen 4 percent in the previous session, also the lowest since May 4. A separate report showed that USA oil production has reached 9.34 million barrels per day for the week ending on 26th May, which is the highest level of production since August 2015.


Government reaches out to Catholics on Gonski 2.0

Government reaches out to Catholics on Gonski 2.0

Mr Piccoli said the amount of money offered by the federal government was still too low, but it was vital to remove the distortions in the current funding system that benefit private and Catholic schools. These include extra funding, a fast-tracked spending timeline and a new independent schools resourcing body as recommended by the Gonski review. Greens education spokeswoman Sarah Hanson-Young said: "The Greens only want to do what is best for public schools."Ultimately, any decision on ...



Oil Set for Longest Run of Weekly Losses Since 2015 Amid Glut

Data from the U.S. Energy Information Administration showed that domestic-crude supplies fell by 1.7 million barrels for the week ended June 9. Oil prices were down more than half a percent after hitting a six-month low on Thursday, remaining under pressure from high global inventories and fears that OPEC's agreed production cuts can not offset rising production elsewhere.


Investor's Watch List: Exxon Mobil Corporation (NYSE:XOM), IAMGOLD Corp (USA)(NYSE:IAG)

Investor's Watch List: Exxon Mobil Corporation (NYSE:XOM), IAMGOLD Corp (USA)(NYSE:IAG)

Ny State Common Retirement Fund invested in 2.72 million shares. The oil and gas company reported $0.95 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.85 by $0.10. Rnc Cap Management Ltd Liability Co stated it has 25,024 shares or 0.19% of all its holdings. 284,640 are owned by Twin Cap Management. 06/05/2017 - Exxon Mobil Corporation was upgraded to "outperform" by analysts at Scotiabank.



Police Say 'Road Rage' Led To Murder Of Muslim Girl In Virginia

But as they walked and biked back to the All Dulles Area Muslim Society mosque in Sterling, along a major thoroughfare, a red vehicle approached from behind about 3:40 a.m. He was appointed a public defender, and his next court appearance was set for July 19. Ibrahim Hooper, a spokesman for the Council on Islamic-American Relations, said there is a strong possibility the crime wouldn't have happened if the teenagers weren't Muslim.