Oil prices inched higher on Friday, with Brent crude approaching $60 a barrel amid tightening market expectations, buoyed by comments from Saudi Arabia’s Crown Prince backing the extension of OPEC-led output cuts. Continue Reading Below International benchmark Brent crude futures were up 10 cents, or 0.17 percent, at $59.40 a […]
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Baidu revenue outlook hit by Congress meeting, shares tumble
FILE PHOTO – Baidu’s company logo is seen at its headquarters in Beijing December 17, 2014. REUTERS/Kim Kyung-Hoon/File Photo October 27, 2017 By Cate Cadell BEIJING (Reuters) – Chinese search engine giant Baidu Inc offered a disappointing revenue outlook for the rest of the year, blaming lost advertising sales during […]
China central bank queries demand for two-month reverse repos: source
FILE PHOTO: A woman walks out of the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing November 20, 2013. REUTERS/Jason Lee/File Photo October 27, 2017 SHANGHAI (Reuters) – China’s central bank has sent queries to some banks to gauge market demand for two-month reverse repurchase […]
Remains of late Thai king collected after night of tears and ancient funeral rites
A soldier salutes in front of the Royal Crematorium during a funeral for the late King Bhumibol Adulyadej near the Grand Palace in Bangkok, Thailand, October 27, 2017. REUTERS/Damir Sagolj October 27, 2017 By Amy Sawitta Lefevre BANGKOK (Reuters) – The cremated remains of Thailand’s King Bhumibol Adulyadej were collected […]
Citigroup names Lo as Asia head of private banking business
A woman walks past a Citibank logo displayed outside the Citibank Plaza in Hong Kong July 28, 2014. REUTERS/Bobby Yip October 27, 2017 HONG KONG (Reuters) – Citigroup Inc has appointed veteran Steven Lo as Asia head of its private banking business unit, replacing Bassam Salem who is retiring from […]
Defense Secretary James Mattis visits Korean DMZ amidst nuclear tension
U.S. Defense Secretary James Mattis visited Friday morning the heavily fortified border between North Korea and South Korea known as the Demilitarized Zone amid heightened tensions over the North’s nuclear program and the war of words between President Trump and Kim Jong Un. At the DMZ, Mattis was briefed at […]
Trump administration moves forward on Russia sanctions following four-week delay
The Trump administration broke its silence on new Russia sanctions Thursday, sending to Capitol Hill a list of Russian entities that it will sanction individuals for doing business with, following a four-week delay that infuriated senior members of Congress. The State Department‘s delivery — a list and technical guidance regarding […]
How Alphabet’s Waymo Will Teach its Self-Driving Cars About Snow
Waymo said on Thursday that it will try to teach its self-driving cars about snow by taking part of its fleet to a place with notoriously fierce winter weather: Michigan. Continue Reading Below Waymo, the Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary formerly known as the Google Self-Driving Car Project, said […]
3 Innovative Stocks for October
Here’s something to wrap your head around: As fast as the world has changed in the last decade, the pace of innovation is actually accelerating. We went from a world without iPhones in 2007 to one dominated by the product just 10 years later. Uber didn’t exist when Barack Obama was […]
Oil prices edge up amid Saudi support for extended supply cut
October 27, 2017 SEOUL (Reuters) – Oil prices inched up in early Asian trading on Friday, with Brent continuing to hover near its highest in 27 months, buoyed by comments from Saudi Arabia’s Crown Prince backing the extension of OPEC-led output cuts. International benchmark Brent crude futures <LCOc1> were up […]