Markets
Oil halts longest winning streak as Opec supply rises
The two African countries, together with resurgent USA shale plays, could raise oil production by 1.6 million barrels a day this year, offsetting nearly 90 percent of OPEC's output cuts by the end of the year, the energy consultancy Rapidan Group says. [Full Article...]
Timeline: How the Rangers 'Big Tax Case' unfolded
Companies that paid staff via "contrived" employee benefit trusts have been urged to come forward, after HM Revenue & Customs scored a landmark victory in a tax avoidance case against the former incarnation of Rangers football club. The emerging ruling, however, will only relate to Murray Group companies, including that of Rangers Football Club 2012 plc, and not that of the current establish... [Full Article...]
Wall St little changed ahead of Fed minutes
Foreshadowing that decline was a weaker reading from a Labor Department inflation index published on June 14, as Fed officials began the second day of their policy meeting. Overall the headlines from the minutes were somewhat dovish, but the details suggested a split committee that was itself still wrestling with whether to pull the trigger on tapering and how transitory the inflation drop really ... [Full Article...]
Qatar Says Will Increase LNG Production Capacity
The timing of the announcement suggests that OPEC member Qatar, the world's largest producer of liquefied natural gas, aims to project an image of business-as-usual economic strength as it weathers the crisis. " I think it is premature to talk about extra sanctions. this depends on what we will hear from our brothers in Kuwait ", he said. Australia has invested hundreds of billions of dollars ... [Full Article...]
Whole Foods recalls tuna salad that was labeled as chicken
Willow Tree Poultry Farm is located in Attleboro, Massachusetts and mostly produces poultry products such as chicken and turkey pies and various deli salads. In January, Willow Tree issued a recall for more than 200 pounds of "chicken salad" after the product was found to contain egg salad. The USDA said there have been no confirmed reports of adverse reactions yet. [Full Article...]
Aadhaar-PAN Linking Not Compulsory If You Fall Under These Categories
E-filing of the ITR is mandatory for all individuals except those earning less than Rs 5 lakh per annum and those who are above 80 years of age. However, before the Supreme Court decision, the CBDT had issued a notification exempting certain people from linking their Aadhaar ID to PAN. [Full Article...]
Dead, 4 Injured in Shooting, Chase Downtown
Four others were injured. Savannah police have released little information, but it appears that the three people who were killed died as a result of the crash. The shooting happened in the City Market area. SCMPD says they have one person in custody for the shooting and crash, and that person will be charged with three counts of felony murder. [Full Article...]
The Opko Health, Inc. (NASDAQ:OPK) Shares Sold by KCG Holdings Inc
Geode Capital Management LLC now owns 2,889,059 shares of the biotechnology company's stock worth $23,111,000 after buying an additional 210,736 shares during the period. On June 3, 2016 Standpoint Research started covering the stock with an initial rating of "Buy". Ladenburg Thalmann Financial Services reiterated a "buy" rating and issued a $19.50 target price on shares of Opko Health in a rese... [Full Article...]