Economy

US college student released by North Korea home, but in coma

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Oil prices near 5-month low as global oversupply weighs

OPEC is scheduled to meet on May 25 to decide whether to extend the cuts. Novak has said Russian Federation is inclined to prolong the accord. But analysts ...

Family kicked off JetBlue plane over birthday cake

According to Cameron Burke - who shot video of the incident - he and his family had the cake as carry-on. "She was pointing to her, did you tell him he coul...

Of the 48 affected NHS England hospitals, six remain unoperational

Two security firms - Kaspersky Lab and Avast - said they had identified the malicious software behind the attack in over 70 countries, although both said the at...

Comac C919 takes off for maiden flight in China

The takeoff of the C919 brought cheers and applause from hundreds of invited guests at Shanghai Pudong International Airport and was broadcast live on Chinese...

Buffett: United Airlines Made A 'Terrible Mistake' In Passenger Incident

Munoz has apologized many times since then, including before a congressional committee last week. Buffett said the industry has become more efficient, even ...

Moon condemns NK missile test, urges it to halt provocations for dialogue

South Korea's President Moon has said that, for the sake of peace, he is willing to visit Washington, Beijing, Tokyo and even North Korea if conditions allow....

Coach Acquires Kate Spade for $2.4 Billion

While Kate Spade has been expanding, Coach has been reducing its own retail footprint in North America, where the company closed 30 retail stores in the fis...

Interest rates may need to rise before late 2019

But for now, despite the slightly improved growth outlook beyond 2017, the Bank's inflation report dampened the immediate prospects for the British economy, h...

N Korea test-fires missile, challenging new leader in South

Kim Jong Un has been accelerating the country's efforts to develop an ICBM capable of reaching the USA over the past few years, but so far it has been unable to...

Cyber attack hits 200000 in at least 150 countries -Europol

Cyber security experts say the spread of the virus dubbed WannaCry - "ransomware" which locked up computers in auto factories, hospitals , shops and schools in...

France's Macron pledges to overcome division in society

He said he hoped to restore French values and applauded voters for resisting the wave of populism in choosing him over his rival, far-right candidate Marine Le ...

BoE Leaves Its Bank Rate At 0.25%, Maintains Bond Purchases At £435B

On Thursday, the policymakers erred on the side of caution, particularly after official figures showed economic growth more than halved to 0.3 percent in the fi...

Fresh horses await Derby winner Always Dreaming in Preakness

The win gave trainer Todd Pletcher and jockey John Velazquez their second victories in the race but their first together. Hall of Famer Velazquez won the 2011...

Headinvest LLC Buys 415 Shares of Occidental Petroleum Co. (OXY)

Insiders sold 52,000 shares of company stock valued at $3,296,640 in the last quarter. Nwam LLC acquired a new stake in shares of Occidental Petroleum during ...

Acting FBI chief declines to say if Trump under investigation

The firing of Comey left the fate of the FBI's probe into Russia's election meddling and possible ties to the Trump campaign deeply uncertain. On Tuesday, the...

Snapchat parent company's value plummets after earnings report

A large part of the $2.2 billion hit that Snapchat took last quarter was expected due to the IPO , which involved awarding $2 billion in stock-based compensa...

Oil producers have consensus to extend cuts, 2 OPEC members say

In March, OPEC announced the possibility that such cuts would be extended. Production from all 13 members slipped by 18,200 barrels a day to 31.73 million last ...

US, China reach deals on access for beef, financial services

The new deal does not touch on issues such as Chinese exports of steel and aluminum that are a growing source of discontent over trade. Analysts said that t...

Sean Spicer absent from briefings during key week for Trump

The president added that he asked Comey three times - once in person, twice on the phone - if he was under investigation. In a series of tweets posted F...

Bank of England says rates may need to rise before late 2019

The BoE policymakers said on Thursday they could only do so much to offset the Brexit hit to the economy. However, the Bank also warned that rates may have to r...