Markets

Oil steady as U.S. output gains offset Middle East tensions

Oil steady as U.S. output gains offset Middle East tensions As per the report, " Brent crude was trading over $1 higher at $58.35 per barrel, while US West Texas Intermediate jumped 88 cents to $52.31". If prices remain high the outlook may be positive for breakbulk operators serving the oil sector as the higher price point supports renewed investment in offshore development. [Full Article...]

Ford expands safety recall for 1.3M F-150, Super Duty trucks

Ford expands safety recall for 1.3M F-150, Super Duty trucks Ford testing shows that the faulty latches are failing after exposure to water, which could cause the door to open randomly. Dealers will install water shields over the door latches and inspect and fix door latch cables if needed. According to Ford, the recall is impacting some 2015-2017 F-150 and F-Series Super Duty in the U.S., Mexico and Canada. The Ford reference number for this recall is 17... [Full Article...]

Two MPC members cautious about rate rise

Two MPC members cautious about rate rise Also making her first policy comments to MPs was Silvana Tenreyro, a professor at the London School of Economics and external member of the MPC. The Consumer Prices Index 12-month inflation rate in the United Kingdom was 2.8 percent in September, the highest rate since March 2012 and 0.1 percentage point more than in August this year, the UK Office for National Statistics (ONS) said Tuesday. [Full Article...]

New Wal-Mart HQ Could Be $1 Billion Investment

New Wal-Mart HQ Could Be $1 Billion Investment The company also plans to at least double the number of its USA stores that offer online grocery pickup. The retailer will open fewer than 15 supercentres next fiscal year, down from about 35 additions in the current year. Walmart forecasted that its profit for its 2019 fiscal year would increase by approximately 4% over what was expected for its adjusted earnings of between $4.30 and $4.40 a sha... [Full Article...]

UK's Edward Heath would have been quizzed on child sex abuse claims

UK's Edward Heath would have been quizzed on child sex abuse claims The Bishop of Salisbury, Nicholas Holtam, this week defended Sir Edward: 'There is a relatively low threshold for being interviewed under caution, ' he wrote in the Church Times . Lincoln Seligman, Heath's godson, is reportedly calling for a judicial inquiry into how the police handled the allegations. Several forces did receive complaints about Heath , however, but Wiltshire was chosen to m... [Full Article...]

"Act of terrorism" in Edmonton: five wounded, including one policeman

Abdulahi Hasan Sharif, a 30-year-old refugee from Somalia, is scheduled to appear in an Edmonton court on Tuesday morning where he will be formally charged with 11 counts including attempted murder, risky driving, flight causing bodily harm and possession of a weapon for unsafe purposes. [Full Article...]

Google announces Home Max and Home Mini speakers

Google announces Home Max and Home Mini speakers Google on Wednesday announced a smaller Google Home device , called Google Home Mini, and a bigger Apple HomePod or Sonos-like speaker, called Google Home Max . It includes the same features featured in a cylindrical speaker that Google rolled out past year in response to Amazon's Echo . This is called Smart Sound, and it evolves over time and based on where you move the speaker, using ... [Full Article...]

Celebrate National Taco Day Oct. 4

Celebrate National Taco Day Oct. 4 Check out the gallery above to see the 20 best restaurants in the Gateway City to get a taco on National Taco Day . Here are a few ways you can celebrate National Taco Day in Acadiana. Hot Head Burritos: Buy two tacos, get one free all day. To celebrate that occasion, several restaurants are offering deals for free or discounted tacos. [Full Article...]

Walmart buys same-day delivery company Parcel

Walmart buys same-day delivery company Parcel The company also bought internet retailer Jet.com for about $3 billion a year ago in the largest-ever deal for an e-commerce startup. The deal comes as Walmart's been looking to streamline its shipping operation to compete with Amazon's hyper-convenient service. [Full Article...]

Equifax Breach Affected Millions More than First Thought

Equifax Breach Affected Millions More than First Thought The former chief executive at Equifax tells lawmakers that the sale of company stock by senior executives in early August was unrelated to the data breach at the company. The company released the new figure after cybersecurity firm Mandiant, which Equifax hired to investigate the breach it disclosed on September 7, finished the forensic portion of its probe. [Full Article...]

UK Manufacturing Growth Slows In September

UK Manufacturing Growth Slows In September Aashna Dodhia, Economist at IHS Markit said: "Manufacturing conditions across Indonesia sustained its tepid recovery from July's deterioration (strongest in 12 months) at the end of the third quarter". Aw added, referring to the peso's persistent weakness against the greenback. Increases in input costs were passed on to clients, leading to the steepest increase in output charges for four month... [Full Article...]

GM to introduce two new electric cars in the next 18 months

GM to introduce two new electric cars in the next 18 months But with governments from China to California considering stiff regulations to encourage the production of emissions-free vehicles, GM is responding with big promises to shift its business more toward cars propelled by batteries and fuel cells. [Full Article...]

Another Ex-VW Exec Arrested In Germany Over Emissions

Another Ex-VW Exec Arrested In Germany Over Emissions With the additional charges, the German auto maker has increased its provisions to cover the costs of the diesel scandal to EUR25.1 billion , ($29.67 billion ) from EUR22.6 billion previously. In the United States, where the diesel test-cheating scandal originated, the carmaker must also provide hardware fixes and in some cases buy back cars. [Full Article...]

Delta to begin offering free in-flight text messaging

Delta to begin offering free in-flight text messaging DAL has been the topic of several recent research reports. Independent Consultants Incorporated reported 2,964 shares or 0.07% of all its holdings. It also increased its holding in Royal Dutch Shell Plc by 8,309 shares in the quarter, for a total of 72,954 shares, and has risen its stake in Citigroup Inc (NYSE:C). [Full Article...]

Roku spikes more than 10 percent on opening day of trading

Roku spikes more than 10 percent on opening day of trading Blue Apron, of course, was hit hard by Amazon's ( AMZN - Free Report ) mega deal to acquire organic grocer Whole Foods, and the investor skepticism that followed. In an interview with CNBC , CEO Anthony Wood said that "Advertising is our bread and butter". Roku was founded in 2002 and has always been admired by even staunch rivals for having crafted perhaps the most elegant user interface ... [Full Article...]

China Moves To Limit Fuel, Textile Trade With North Korea

China Moves To Limit Fuel, Textile Trade With North Korea On Friday, Russia urged "hot heads" to calm down as the United States admitted it felt "challenged" by North Korea's warning that it could test a hydrogen bomb over the Pacific. One - titled "We will throw the irrational war fanatics of Trump's gang in the fire of justice" - condemned Trump's United Nations speech as "rubbish". [Full Article...]

Rumoured Lovebirds Ranbir Kapoor & Mahira Khan Caught While Smoking

Rumoured Lovebirds Ranbir Kapoor & Mahira Khan Caught While Smoking Recently, photos of the duo smoking together have gone viral on the world of internet after they were spotted chilling together outside a hotel in NY. How we react defines our own character. A video of them having an alleged lover's tiff went viral on social media, however, both of them had dismissed it as a conversation. [Full Article...]

Ryanair to recruit 125 new pilots in the 'next week or two'

Ryanair to recruit 125 new pilots in the 'next week or two' Further, O'Leary told the AGM that Ryanair was facing a " significant management failure " and the cancellations have cost the airline about 25 million euros. Alex Neill , managing director of home products and services, said: "It's outrageous that Ryanair passengers who have had already to endure huge inconvenience are essentially being double charged for booking seating and luggage". [Full Article...]

Oil prices soar as Iraq indicates possible OPEC deal extension

Oil prices soar as Iraq indicates possible OPEC deal extension Refinery utilization was expected to have jumped 7.4 percentage points from 77.7 percent of total capacity in the week ended September 8, according to the poll. November WTI Crude Oil settled at settled at $50.28, down $0.07 or -0.14% and December Brent Crude oil closed at $55.15, down $0.10 or -0.18%. The key level for November WTI traders remains $50.30. [Full Article...]

Equifax criticism increases as lawsuits and investigations mount

Equifax criticism increases as lawsuits and investigations mount And according to data cited by Fair Arbitration Now, only three consumers have filed arbitrations against Equifax since 2009. I would also encourage anyone who chooses to sign up for the services Equifax is offering to not rely exclusively on it for credit and identity protection. [Full Article...]


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