Business

USA doubled fuel support for Saudi-led coalition

The attack on Tuesday afternoon hit a group of civilians in the Mawza district of the southwestern province of Taez, a statement by the United Nations refugee agency said. The Saudi-led coalition has often been accused of civilian casualties, with a 2016 report by the Yemen Data Project concluding that one-third of Saudi airstrikes hit hospitals, schools, and other civilian targets.

Business

Centre gets Cabinet's nod for HPCL stake sale

HPCL on the other hand has a market cap of Rs 58,485.55 crore and buying government's entire 51.11 per cent stake would entail an outgo of Rs 29,900 crore. The recent flurry of activity to integrate government-owned Oil Marketing Companies (OMCs) with oil and gas exploration companies follows Finance Minister Arun Jaitely's announcement during the 2017-2018 budget speech on the government's plan to create an integrated public sector "Oil Major" rivalling worldwide and domestic private sector ...

Business

Crude Oil Price Analysis for July 20, 2017

OPEC's exports in June of 25.92 million barrels a day (BPD) were 450 thousand BPD more than in May and 1.9 million barrels per day compared to the previous year. USA crude traded at $46.57, up 3 cents. "Only a relentless fall in total USA storage will hurl oil from this bearish market, but so far we've seen stockpiles swell", said Murphy.

Business

Scripps & Discovery: The Wrong Stuff?

Meanwhile, Viacom - worth $14.5 billion - is also interested in a potential move for the media company. One recent deal had Lionsgate acquiring Starz for about $4.4 billion in cash and stock, while on a much larger scale, AT&T, which already owns DirecTV, is still trying to get regulatory approval to acquire Time Warner for $85.4 billion.

Business

The BBC's highest-paid stars revealed!

You are in a market where presenters are paid at going rates ITV CH 4 pay more than the BBC . Match of the Day football host Gary Lineker receives between £1.75 million and £1.8 million (NZ$3.2 million), while talk-show host Graham Norton is paid between £850,000 and £900,000 (NZ$1.6 million).

Business

BHP hit by $546m Chilean strikes burden

Karp Capital Management Corp purchased a new stake in shares of BHP Billiton Limited during the first quarter worth approximately $21,553,000. Scout Investments Inc. Sanford C. Bernstein upgraded BHP Billiton Limited from a "market perform" rating to an "outperform" rating and set a $44.88 target price for the company in a research report on Wednesday, July 5th.


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