Business


Cavaliers could use more from Kyrie Irving as series shifts to Cleveland

Thompson emerged from a postseason-long shooting funk to score 22 points with four 3-pointers while playing more stellar defense and pulling down seven rebounds for the Warriors, who shot 18 for 43 from deep. And this includes a rather awful second quarter when he put up a goose egg, had three of his eight turnovers and the Warriors were outscored by three with him on the court.


Market opens higher ahead of RBI policy outcome

Market opens higher ahead of RBI policy outcome

India's crucial monsoon rains are expected to reach 98 percent of the long-term average this year, 2 percentage points higher than the previous forecast, the weather office said on Tuesday. Major Sensex gainers on Wednesday were: Reliance Industries, up 1.96 per cent at Rs 1,339.20; ICICI Bank , up 1.91 per cent at Rs 324.75; Mahindra and Mahindra (M&M), up 1.49 per cent at Rs 1,432.75; Sun Pharma, up 1.31 per cent at Rs 511.15; and Hindustan Unilever, up 1.27 per cent at Rs 1,106.70.



'British Airways defends policy of outsourcing of IT services'

British Airways said that it had cancelled all its flights out of major London airports Heathrow and Gatwick after an IT systems failure, warning people not to travel to the congested hubs. The airline said it was continuing to deal with knock-on effects from the Saturday outage . It denied claims by the GMB union that problem could be linked to the company outsourcing its IT work.



(XOM) Stock Rating Upgraded by Vetr Inc

About 54 shares traded. It has outperformed by 10.72% the S&P500. Shanda Payment Holdings Ltd decreased its stake in Exxon Mobil Corp (XOM) by 50% based on its latest 2016Q4 regulatory filing with the SEC. Shareholders of record on Friday, May 12th will be issued a dividend of $0.77 per share. The oil and gas company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.85 by $0.10.


Amazon offers Prime discount to those on government benefits

Amazon offers Prime discount to those on government benefits

With this program, it hopes to pull in more low-income shoppers. Customers normally pay $10.99 per month or $99 per year for Prime subscriptions, which offers free two-day shipping on many products as well as access to streaming video and music services.


OECD Says Global Growth 'Better But Not Good Enough

OECD Says Global Growth 'Better But Not Good Enough

It added: "EU-financed public investment should soon regain momentum, and strong business sentiment and low real interest rates are expected to support business investment". The think tank said the ultra-easy monetary policy stance of the European Central bank remains appropriate as inflation is still well below the bank's "below, but close to 2 percent" target.