Markets

British election campaigning to resume after Manchester bombing

British election campaigning to resume after Manchester bombing Then-prime minister David Cameron and Labour leader Jeremy Corbyn joined Commons Speaker John Bercow and shadow foreign secretary Hilary Benn in a visit to Mrs Cox's Batley and Spen constituency to condemn her killing as an "attack on democracy". [Full Article...]

OPEC set to prolong oil output cuts by nine months

The EIA's latest weekly update comes amid growing optimism for the future of oil prices, as the International Energy Agency and OPEC continue to insist that market rebalancing is near. The announcement that was initially agreed for 6 months brought confusion among oil traders, but the market did eventually yield to the pressure with the oil price pushing from its lower 20s all the way to early... [Full Article...]

New Ford CEO James Hackett eligible for $13.4 million in annual compensation

New Ford CEO James Hackett eligible for $13.4 million in annual compensation Now, Fields has already been replaced by Jim Hackett , who made his name as the head of office furniture manufacturer Steelcase - how that bodes for Ford's future products, we'll leave it to you do predict. Fields will get monthly benefits from retirement programs valued at $17.5 million and had $532,715 in deferred compensation as of December 31, according to Ford's most recent proxy filing. [Full Article...]

Holly Energy Partners LP (HEP) Shareholder Rr Advisors LLC Trimmed Its Holding

Energy Transfer Equity also was the recipient of some unusual options trading activity on Monday. It closed at $18.51 lastly. TREX was included in 4 notes of analysts from October 19, 2016. (NYSE:HEP). Brown Brothers Harriman, a New York-based fund reported 800 shares. B And T Capital Mngmt Dba Alpha Capital Mngmt reported 2.42% stake. Spirit Of America Corp New York holds 260,227 shares. [Full Article...]

China stocks fall after rating cut, other Asian markets gain

China's 13th five-year plan released last year announced an average annual growth rate of more than 6.5 percent for last year to 2020. Oil wiped out earlier gains ahead of OPEC's meeting on Wednesday, at which the cartel is expected to lead an output cut extending into the first quarter of next year. [Full Article...]

Trump Administration Sending Congress $4.1 Trillion Budget

Trump Administration Sending Congress $4.1 Trillion Budget Mulvaney pitched the $4.1 trillion budget proposal as reflecting the interests of taxpayers who want their money properly spent. They are not bills that are sent to the President to be signed into law. House Speaker Paul Ryan stopped short of embracing the administration's budget projections. But not all House Republicans heeded that call. Asked about the impact on his constituents from redu... [Full Article...]

Macron tries to sell plan to reform France's labor market

Macron tries to sell plan to reform France's labor market PARIS (AP ) - French President Emmanuel Macron is holding meetings with unions and business organizations to discuss reforming the country's labor market, which many blame for France's sub-par economic performance over recent years. Laurent Berger told journalists he had urged the newly-elected Macron in talks to "leave enough time for dialogue" with the unions. "It's essential to be quick on ... [Full Article...]

Bunge jumps on report of possible Glencore takeover

Bunge jumps on report of possible Glencore takeover Glencore PLC has approached grain trader Bunge Ltd. about combining, a deal that would give the Swiss miner a major presence in the USA agriculture market at a time when low crop prices have forced farming giants to scale up through mergers. [Full Article...]


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