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Finance

This is months after of range-bound trading during which OPEC-led supply cuts buoyed crude prices but rising US output capped markets . Despite prices dipping after reports of Iraqi forces taking control of previously Kurdish-held oil fields, Brent crude futures were still at $57.70 at 0646 GMT, 2.7 percent higher than last Friday's settlement and nearly a third above mid-year levels.
  • Toys R Us files for Chapter 11 reorganization

    Toys R Us files for Chapter 11 reorganization

    Finance

    Toys R Us was "seeing significant weakness in demand for their products globally", Brandon said in June. Toys "R" Us has been keen to let customers know that the "vast majority" of its approximately 1,600 stores around the world and its web portals will continue to operate as usual .
  • Americans' income near pre-recession levels

    Americans' income near pre-recession levels

    Finance

    In the two years following the end of the Great Recession , median household income fell almost $2,000 to $50,054 in 2011. But Census officials cautioned against comparing the figures because the bureau has changed its methodology over the years.
  • Trump unlikely to nominate Cohn as Fed chair

    Trump unlikely to nominate Cohn as Fed chair

    Finance

    There are now 4 vacancies, with Quarles nearly certain to fill one of them. Mr Trump has said he would consider reappointing Ms Yellen , who was nominated to lead the Fed by former president Barack Obama . A White House official said Mr Cohn remained an essential player in Mr Trump's push for tax reform. Majority of the potential candidates who are in the mix for Fed chair are hawkish on interest rates, including Warsh, an ex- Wall Street banker who served as a Fed governor at the ...
  • William and Catherine expecting again

    Finance

    The news comes as the young royal family prepares for an exciting milestone. Kensington Palace made the announcement in a statement on Monday. Kate is suffering from Hyperemesis Gravidarum , a form of severe morning sickness, and will not carry out her engagements today, it said.
  • Are Analysts Bearish NEXT plc (LON:NXT) After Last Week?

    Finance

    Liberum Capital maintained it with "Buy" rating and GBX 1100 target in Tuesday, September 27 report. The firm has "Buy" rating given on Wednesday, May 10 by Liberum Capital. Cibc Asset Mngmt Inc has invested 0.09% in Fiserv Inc (NASDAQ:FISV). 64 funds opened positions while 173 raised stakes. Pine River Cap Mgmt Limited Partnership owns 4,812 shares or 0.02% of their United States portfolio.
  • VW offers up to €6500 in Irish scrappage scheme

    VW offers up to €6500 in Irish scrappage scheme

    Finance

    This offer can be used on top of any other offers from the dealer/manufacturer/finance company. Toyota's offer Is £4,000 off for models over seven years old. Through a new scheme created to get older polluting cars off the road, potential buyers can get incentives of between 1,800 and 6,000 pounds ($2,324 and $7,747) for a new Volkswagen if they trade in an older vehicle.
  • When, where to watch PV Sindhu-Nozomi Okuhara final

    When, where to watch PV Sindhu-Nozomi Okuhara final

    Finance

    Over the space of two days, Okuhara has dealt the two biggest names in Indian badminton two bruising defeats. For long the pairing of Jwala Gutta and Ashwini Ponappa has been the sole Indian hope for a doubles medal at major badminton tournaments.
  • You'll soon be able to buy Walmart products on your Google Home

    You'll soon be able to buy Walmart products on your Google Home

    Finance

    According to Google , users can also receive unique recommendations based on their order histories when they link their existing Walmart .com account with their Google Assistant . Earlier this week, Walmart also announced it will be extending its collaboration with Uber , bringing its grocery delivery pilot to Orlando and Dallas.
  • Taylor Swift confirms new album 'Reputation,' reveals new single drops Thursday

    Taylor Swift confirms new album 'Reputation,' reveals new single drops Thursday

    Finance

    Taylor Swift fans have been awaiting this announcement for nearly three years, when she released her album "1989". It will mark the singer's sixth studio album, and her first in three years. She won that case and proceeded to make a large donation to the Joyful Heart Foundation founded by Mariska Hargitay. Taylor Swift has been flying under the radar for a long time.
  • Sempra $9.5 bln Oncor fine print bears close read

    Sempra $9.5 bln Oncor fine print bears close read

    Finance

    Singer's hedge fund, Elliott Management, which is its biggest creditor and has opposed Berkshire's offer . According to Reuters, the board at Energy Future opted for the Sempra bid after receiving assurances from Sempra officials that its offer for Oncor would received approval from the Public Utility Commission of Texas, as well as a US bankruptcy judge.