Business

Oil prices fall as increased United States drilling activity points to higher output

Futures rose 0.1 percent after climbing to the highest level in more than three weeks on Tuesday. Crude oil inventories were higher than estimates (+5.0m vs. Brent sweet crude futures were at 67.66 dollars per barrel. If Trump decides to exit the deal under which global measures were removed on Iran in return for a curbing of its nuclear program, it would likely be welcomed by Saudi Arabia , which regards the deal as a boon for its regional foe.

Business

Syria remains silent amid Israeli revelation of nuclear facility destruction

Ronen Bergman, a senior correspondent for Military and Intelligence Affairs for the Israeli newspaper Yedioth Ahronoth, told reporters Wednesday. Intelligence Minister Yisrael Katz said that the revelation should come as a warning to Israel's neighbors, and specifically Iran , that it will not tolerate any threats to its citizens or national security.

Business

Energy lifts stocks despite jitters on Fed, trade, tech

The Dow Jones Industrial Average fell 335.6 points, or 1.35 percent, to close at 24,610.91, the S&P 500 lost 39.09 points, or 1.42 percent, to 2,712.92 and the Nasdaq Composite dropped 137.74 points, or 1.84 percent, to 7,344.24. The tech selloff was a serious setback to markets just as they recovered from an early-February selloff, Milligan said, noting tech had been "the leading light of USA and Asian equity markets for over a year".

Business

Self-driving Uber vehicle killed a pedestrian in Arizona

The Uber vehicle , a Volvo XC90, equipped with the company's sensing system was in autonomous mode with a human safety driver. "When we evaluated other companies vehicles, they had more relaxed safety standards", he told reporters, adding that Hyundai is taking more time than rivals to develop autonomous technology to guarantee safety.

Business

Gold inches lower on firmer United States dollar ahead of Fed meet

New Fed Chairman Jerome Powell sounded somewhat more hawkish than expected at last week's semi-annual monetary policy report to Congress. The softness in currency is being supported above all by the monetary policy outlook, i.e. At the Multi Commodity Exchange, gold for delivery in April declined by Rs 83, or 0.27 per cent, to Rs 30,335 per ten grams in business turnover of 327 lots.

Business

Police Surround Armed Man At Panera Bread Near Princeton University

The gunman, whose identity was not released, locked himself the restaurant on Nassau Street just after 10 a.m., according to a statement from New Jersey Attorney General Gurbir S. Local police, state police and the Federal Bureau of Investigation are at the scene. "Law enforcement officials are negotiating with the man". Some neighboring buildings were shut down and two campus buildings near Panera were evacuated as a precaution, the school said.


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