Business


OPEC, other nations extend output cut to March

Both benchmarks have gained more than 16 percent from their May lows below $50 a barrel, rebounding on a consensus that OPEC and other producers will maintain strict limits on production in an attempt to drain persistent global oversupply.Elsewhere, digital currency bitcoin hit a fresh record high, having surged 170 percent in about two months from its March low.Demand for crypto-assets soared with the creation of new tokens to raise funding for start-ups using blockchain technology.


Court: Trump travel ban rooted in intolerance

Court: Trump travel ban rooted in intolerance

Trump tweaked the order after the 9th U.S. Circuit Court of Appeals refused to reinstate the ban. The decision bars the administration from suspending new visas for visitors from Iran, Libya, Somalia, Sudan, Syria and Yemen. "Our inquiry", the court said "is one of balance, and on balance, we can not say that the government's asserted national security interest outweighs the competing harms to plaintiffs".



House Intelligence Committee to Issue Subpoenas to Flynn

The leaders of the U.S. Senate Intelligence Committee said on Tuesday they would subpoena two of Flynn's businesses after he declined to hand over documents in its separate Russian Federation probe. "I don't feel that it's appropriate to characterize my discussions with the president", Coats told the Senate Armed Services Committee . Flynn declined a request to appear before the committee and to provide documents, according to Rep.


Polls open after candidate charged with assault

Polls open after candidate charged with assault

Montana is holding a special election on Thursday to replace Ryan Zinke , who was appointed Secretary of the Interior by President Donald Trump . The Gallatin County Sheriff's Office said it was conducting an ongoing investigation into "allegations of an assault involving Greg Gianforte ", but didn't provide further details.



Police Arrest 3 More Men In Connection With Manchester Bombing

President Donald Trump said Thursday that he's asking the Department of Justice to investigate alleged leaks from United States officials of information about the recent terrorist attack in Manchester , England. A British official confirms that May discussed the matter with Mr. Trump after they posed with other North Atlantic Treaty Organisation leaders at a summit in Brussels on Thursday.


Manchester attack: Top US diplomat condemns media leak

Manchester attack: Top US diplomat condemns media leak

Police on Thursday said they arrested two men in the Manchester area in connection with the deadly bombing, while a detained woman was released without charges. Images obtained by The New York Times newspaper showed a detonator that bomber Abedi was said to have carried in his left hand, shrapnel including nuts and screws, and the shredded remains of a blue backpack.