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Italy rescues 480 migrants, recovers seven bodies

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Over 480 asylum seekers and refugees were rescued in the Mediterranean on Saturday as they attempted the perilous crossing from north Africa, with seven bodies also recovered, Italy's coastguard said on Sunday. Human traffickers appear to be running rampant and smugglers often extort money and hold people for ransom. "If we don't resolve Southern Libya's problems, we will not resolve the migrant issue", Abdulsalam Kajman, vice president in the UN-backed government headed by Fayez Seraj, ... Read More »

Saudi Arabia, Russia agree oil output cuts until March 2018

Russian Federation and Saudi Arabia wil hold consultations with the parties to the deal before May 24, according to the joint statement of the two countries. The 11 non-OPEC countries taking part in the agreement are: Azerbaijan, Bahrain, Brunei, Equatorial Guinea, Kazakhstan, Malaysia, Mexico, Oman, Russia, Sudan and South Sudan. Read More »

Singapore firms appointed master developer for Andhra Pradesh's new capital city

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Andhra Pradesh Chief Minister N Chandrababu Naidu wants at least some visible progress on the ground in the new capital Amaravati in the next two years so that he can face the voters in the 2019 elections. Citing examples of Singapore's involvement with the state of Rajasthan for capacity building in the tourism industry for Udaipur city and technical education collaboration with New Delhi, he said: "We have limited bandwidth ..." Naidu thanked the Singapore government for its participation ... Read More »

Home sales cool last month after record March, GTA leads decline

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When you take the major Vancouver and Toronto markets out, the average price falls $150,000. Last month, Ontario authorities. He said the number of new listings spiked to record levels in and around Toronto and far-flung suburbs, where a severe shortage of listings had helped drive prices higher. Read More »

ICICI Bank, HDFC reduce home loan rates

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ICICI will also give new home loan borrowers the option of linking their loans to either the six-month MCLR or the one-year MCLR. Salaried women borrowers will get home loans at 8.35% and others at 8.40%. They can enjoy the benefit of floating interest rate or a fixed interest rate for the initial two/three years followed by floating rate, ICICI Bank said, claiming to be the first to offer such flexibility to customers. Read More »

National announces plan to build, demolish Auckland houses

After years of denying there is a housing crisis and refusing to see government building as a solution, Nationals U-turn today is too little too late, the Green Party said today. "How will that give hope to first home buyers when speculators can buy these houses too?" The first part of the plan will take place over the next four years and will cost $2.23b though HNZ's existing budget and new borrowing of $1.1b approved by the Government. Read More »

US Accuses Syria Of Mass Executions And Burning The Bodies

A satellite view of Saydnaya prison complex near Damascus, Syria, is seen in a still image from a video briefing provided by the US State Department on May 15, 2017 . Prisoners are held in a network of prisons across Syria. "Their presence could deter future violations". Both sides, he said at the time, want to end the "the frightful, disgusting killing in Syria as soon as possible, and everybody is working toward that end". Read More »

Oil rises 2% after Saudi Arabia and Russia back longer supply cut

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Global oil prices rallied on Friday, the last trading day, as United States crude inventory data showed that OPEC-led output cuts were helping reduce a global glut. At the end of April, the "longs" got exhausted of waiting for the cartel's production cuts to tighten the oil market and they started closing their positions. Read More »

Earnings Analysis Of AK Steel Holding Corporation (AKS)

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The new target price indicates a possible upside of 0.23% based on the company's last closing price. Several other hedge funds also recently added to or reduced their stakes in the company. Shareholders of record on Wednesday, May 10th will be paid a $0.05 dividend. Similarly, full-year EPS forecasts have ranged between $0.40 and $1.13. The ex-dividend date of this dividend is Monday, May 8th. Read More »

Oil prices soar as KSA, Russia back extension of output cut

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Immediately after the briefing, oil prices began an upward swing to a three week high, gaining almost $2 on the barrel. On the New York Mercantile Exchange, light, sweet crude futures for delivery in June CLM7, +2.07% rallied 91 cents, or 1.9%, to $48.75, trading at its highest level since May 1. Read More »

US to look at proposed tronc-Sun-Times deal

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Shortly after entering into discussions, Wrapports and Tronc voluntarily informed the U. S. Department of Justice, Antitrust Division, about the possibility of a transaction and have been working closely with officials to insure a potential combination protects the public interest. Read More »

Hot Stock for Investors: The Coca-Cola Company (KO)

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The number of shares traded in the last trading session was 7.2 Million. Portfolio Solutions LLC bought a new stake in shares of The Coca-Cola during the first quarter valued at approximately $108,000. If you are viewing this article on another publication, it was illegally stolen and republished in violation of USA and global trademark and copyright legislation. Read More »

'Excess' car pollution killed 38000 in 2015

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The team, which included scientists from the University of Colorado at Boulder (UC Boulder) and the United States non-profit organisation the International Council on Clean Transportation , analysed data from 30 studies of vehicle emissions under real-world driving conditions around the world. Read More »

General Motors Company (GM): Noteworthy Stock

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Norges Bank bought a new position in shares of General Motors Company during the fourth quarter valued at about $300,495,000. Pegasus Partners Ltd. now owns 21,531 shares of the auto manufacturer's stock valued at $750,000 after buying an additional 536 shares in the last quarter. Read More »

Australian Airline Jetstar to Charge for Babies

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The fee on trans-Tasman flights will be A$50 (NZ$53). The airline told 9NEWS pre-existing bookings will not be affected by the new fee. By comparison, Air NZ, Qantas and Virgin charged 10 per cent of the full adult fare, Jetstar said. No other airline provides four over-sized infant items for domestic or worldwide flights from Australia'. According to the airline, charging each customer for what they actually need has helped Jetstar keep its fares low. Read More »

Philadelphia sues Wells Fargo over lending practices

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It closed at $5.46 lastly. Facebook Inc (NASDAQ:FB) has risen 16.77% since October 6, 2016 and is uptrending. It has underperformed by 14.16% the S&P500. Integrated Wealth Counsel LLC boosted its stake in shares of Wells Fargo & Co by 17.8% in the third quarter. Also, Director Ronald Sargent acquired 9,050 shares of the firm's stock in a transaction on Friday, May 5th. Read More »

Berkshire Hathaway to list its stock holdings at end of 1Q

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Berkshire Hathaway Inc.is a holding company owning subsidiaries engaged in various business activities. "The main problem was that they didn't act when they learned about it", Buffett said at the meeting. Berkshire sold off almost 9 million shares in Twenty-First Century Fox, the parent company of the 20th Century Fox movie studio and Fox News Channel, which has been hit by allegations of discrimination and harassment. Read More »

Germany: Merkel challenger predicts 'long, stony road' ahead

Her present Cabinet is one of a "grand coalition" with her party's supposed main ideological opponent, the SPD, the German Social Democrat Party. Support for the pro-market Free Democrats rose to about 12 percent. "This was a committed election, but it wasn't enough". The party had surged ahead of the CDU in the polls in January after former European Parliament President Martin Schulz announced his intention to be party leader. Read More »

English lawmaker says swearing at a Scottish schoolgirl just 'a joke'

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From the perspective of the SNP - and, perhaps, from that of an independent Scotland - this plan ostensibly offered the ballyhooed "best of both worlds". "We have to set that out at the time because there are still some uncertainties, many uncertainties, around the Brexit process". "She claims we must have a referendum on independence because we're leaving the EU". Read More »

US VP Pence assures Japan: America is with you '100 percent'

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The Trump administration has signaled a more forceful US stance toward North Korea's recent missile tests and threats, including a warning from Trump that North Korean leader Kim Jong Un has "gotta behave". U.S. experts believe that only China has sufficient economic and political leverage to restrain Pyongyang's drive to develop a long-range missile capable of hitting the USA mainland with a nuclear warhead. Read More »

Phantom Dust Will Release For Free On Xbox One and PC Tomorrow

While the gender makeup of "gamers" is widely split 50-50 in most Western countries, the Xbox One demographic is made up of a 58% male audience. In terms of household income, $50,000-$74,999 (21 percent) and $75,000-$99,999 (21 percent) were the highest in terms of percentages. Read More »

Carney plays it safe as snap United Kingdom election looms

The pound slumped on the news , falling 0.4% against the USA dollar to below 1.28. Sterling was set for its first weekly loss in four against the dollar on Friday as investors looked ahead to Britain's negotiations on leaving the European Union after the Bank of England showed no sign of leaning more towards raising interest rates. Read More »