Business


Oil producers have consensus to extend cuts, 2 OPEC members say

Crude inventories in the U.S. fell 5.2 million barrels in the week through May 5, the Energy Information Administration reported. Oil prices had already been trading higher on a report that Saudi Arabia was cutting exports to the key Asian market and on earlier industry data pointing to a sharp decline in weekly USA inventories.



Cyberattack hit German rail schedule boards

Aside from the disruption was the scope of the attack. The Government later clarified that it had seen "no evidence" of data loss. Amid suggestions outdated software left some health service systems vulnerable after a security package was stopped in 2015, Ms Rudd said it is important to remember the NHS alone had not been affected.



Interest rates may need to rise before late 2019

Economic growth pulled back sharply to 0.3% in the first three months of the year, from 0.7% in the previous three months after a sharper-than-expected fall in consumer spending. Minutes of the interest rates meeting showed seven of the bank's Monetary Policy Committee (MPC) members voted to keep rates unchanged. But he warned that if wage growth fails to rise, "there will be consequences".



Coach buys Kate Spade for U.S. $2.4 billion

Coach is focused on preserving Kate Spade's brand independence as well as retaining key talent, ensuring a smooth transition to Coach, Inc.'s ownership. Coach has always been considered a good home for Kate Spade , given Coach's focus on handbags and accessories and its department-store presence.



RELX PLC (NYSE:RELX) Valuation According To Analysts

They now have a GBX 460.00 target on the firm. The stock of Bgeo Group PLC (LON:BGEO) has "Hold" rating given on Monday, December 7 by Peel Hunt. Among 23 analysts covering Advance Auto Parts Inc. The stock of Advance Auto Parts, Inc. (NYSE:T) has "Outperform" rating given on Saturday, September 5 by Oppenheimer. (NYSE:AAP) rating on Wednesday, April 6.



Melissa McCarthy spices up Manhattan streets for Saturday Night Live

This peek at the upcoming episode comes on the heels of a promo in which McCarthy was transformed into Spicer by a team of makeup artists, to a jaunty soundtrack of " I Feel Pretty ". But with the help of prosthetics, including eye bags, McCarthy said, she was able to become "Spicey". We get to see her taken over by hair and makeup folks in amusing glasses and facial hair, and when she emerges McCarthy is all done up and ready to take on the press corps.