Business


McConnell: Repealing Obamacare 'first item up'

Trump rode to victory on promises of a full repeal of the Affordable Care Act . According to a new poll , only about 1 in 4 people in the United States want Trump to entirely repeal the health care law that extended coverage to millions.


British Chancellor Philip Hammond admits Brexit vote means £122 billion extra borrowing

British Chancellor Philip Hammond admits Brexit vote means £122 billion extra borrowing

Previously, the government had targeted a surplus in the overall budget by the end of the decade, an increasingly tough challenge that prompted former finance minister Osborne to announce an unpopular squeeze on spending. As expected, the chancellor pledged to prioritize "high-value investments in infrastructure" to be funded by extra borrowing. Philip Hammond will scrap the Autumn Statement in favour of a Spring Statement in a move that the Chancellor called a "long-overdue reform to our ...


Iran to Sign Oil and Gas Deals with Total, Shell

Iran to Sign Oil and Gas Deals with Total, Shell

A spokesman for Shell said a memorandum of agreement was signed Wednesday with the National Iranian Oil Company "to further explore areas of potential cooperation". South Azadegan's second phase and Yadavaran are expected to produce 300,000 b/d each. Total was the first major energy company to jump back into Iran with a major project, announced on November 8-Election Day in the U.S.


Canada Keeps Key Rate at 0.5% as Investment, Exports Disappoint

Canada Keeps Key Rate at 0.5% as Investment, Exports Disappoint

December futures on the S&P TSX index SXFc1 were down 0.04 percent at 7:35 a.m. ET. "Meanwhile, business investment and non-energy goods exports continue to disappoint". The Bank of Canada is set to make its last interest rate announcement of the year today. In its statement, the BOC said that "dynamics of growth are largely as the Bank anticipated".


Detroit Pistons beat Chicago Bulls 102-91

Detroit Pistons beat Chicago Bulls 102-91

Drummond supplied 15 points and 10 rebounds for the Pistons (12-11), who have won four of their last five games. After blowing a 17-point first-half lead, the Pistons bench and Tobias Harris (22 points, seven rebounds) retook control with a late 12-0 run that turned a four-point deficit into a 83-75 lead with 7:28 to play.


Nuclear security at par with int'l standards: Pak

Nuclear security at par with int'l standards: Pak

During his inaugural address at the IAEA Nuclear Security Conference in Vienna IAEA Director General Yukiya Amano expressed his appreciation for Pakistan Centre of Excellence on Nuclear Security (PCENS). On both issues, it must be recalled that although the responsibility for maintaining effective nuclear security of all nuclear and radioactive material within a State rests primarily with that State, cooperation between States is essential as so many threats to nuclear security do not respect ...