Markets
Government to revise prices of petrol, diesel daily
After the success of the experiment, Indian Oil Corporation Ltd (IOCL), Hindustan Petroleum Corporation Ltd, and Bharat Petroleum Corporation Ltd have now made a decision to implement it across the country from June 15. It will also enhance transparency in the system, besides enabling smoother flow of products from refinery to retail outlets. Technically, oil companies have freedom to revi... [Full Article...]
Heaviest rocket launches India into elite space technology league
Antrix , ISRO's commercial arm, has charged about $3 million to send a satellite into space in recent years, far less than private companies. Right now, out of a constellation of 41 in-orbit Indian satellites, there are 13 communication satellites Also, the total mission life of the GSAT-19 is a decade. [Full Article...]
UAE bans expressions of sympathy toward Qatar
But even with the White House's attempts at clarification, Trump's statements raise questions as to how the move impacts the USA military base in Qatar , as well as how the diplomatic stress serves American priorities and goals in the region. [Full Article...]
National Doughnut Day deals in Northern Virginia
The holiday has been recognized for nearly 70 years. Those looking to support The Salvation Army's National Doughnut Day outreach are encouraged to donate to the organization by calling 616.459.3433 or by texting SALDONUTDAY to 41444. [Full Article...]
Canaccord Genuity Cuts Galliford Try plc (GFRD) Price Target to GBX 1430
Ar Asset Mngmt Inc holds 0.2% in Admiral Group plc (LON:ADM) or 10,172 shares. Manufacturers Life Insur The holds 0.06% or 296,624 shares. Since December 1, 2016, it had 0 buys, and 8 selling transactions for $2.22 million activity. Goldman Sachs maintained Land Securities Group plc (LON:LAND) on Tuesday, November 3 with "Neutral" rating. Cineworld Group plc (LON:CINE) opened at 719.8116 on We... [Full Article...]
Middle East Political Uncertainty Weighs on Oil Price
USA gasoline stockpiles probably fell by 50,000 barrels last week, according to the median forecast in a Bloomberg survey before the EIA report. Greg McKenna, chief market strategist at futures brokerage AxiTrader, said he believed there was "a real chance" OPEC solidarity surrounding production cuts might fracture. [Full Article...]
Jordan downgrades diplomatic relations with Qatar, revokes license of Al Jazeera
Qatar vehemently denies the accusations. Within days of Mr Trump's visit to the region, living here in the United Arab Emirates , we noticed that something was up. He did not address the false news report. Amman has also withdrawn the licenses for a bureau of the Doha-based TV news channel Al-Jazeera. "All of our partnerships in the Gulf are incredibly important and we count on the parties ... [Full Article...]
Bank stocks help USA market break two-day losing streak
THE QUOTE: "What's coming out of D.C.is very newsworthy, but it's not very policy focused", said Erik Davidson, chief investment officer for Wells Fargo Private Bank. On the currency front, the US dollar is trading at 109.36 yen compared to the 109.41 yen it fetched at the close of NY trading on Tuesday. In the trailing week, the Energy Select Sector SPDR ETF ( XLE ) moved against crude o... [Full Article...]