Business


Oil Prices Fall On Oversupply Worries Despite Opec Deal

U.S. West Texas Intermediate crude CLc1 futures dropped 87 cents, or 1.81 percent, to $47.46 per barrel. Crude oil inventories again fell significantly, draining US stockpiles by more than 10 million barrels over the past two weeks, the Energy Department reported Thursday.



Lewis Hamilton claims pole in Canadian Grand Prix

Only Michael Schumacher has more pole positions to his name, and it's only three more - meaning the record could be broken before the end of the season. Hamilton found over 0.3s in his final run, having previously been just 0.004s faster than Vettel on their first flying laps. Ferrari split their strategies during the first long run simulations in FP2 as Sebastian Vettel did not complete a long run on his ultrasoft tyres and instead opted to complete two separate simulations on ...



May's Tories, Northern Ireland's DUP Reach Deal to Prop Up Government

The strength of any deal looks set to be tested when the Commons meets, with Jeremy Corbyn vowing to try to bring down the Government by defeating Mrs May in Parliament and insisting: "I can still be prime minister". "It is quite possible there will be an election later this year or early next year and that might be a good thing because we can not go on with a period of great instability", Corbyn told the BBC.



DUP leader Arlene Foster to hold talks at No10 with Theresa May

She also confirmed to German Chancellor Angela Merkel in a phone call that Britain was ready to begin Brexit negotiations "as planned in the next couple of weeks", reassuring European Union leaders who had expressed doubts after May's electoral losses.


European Union fears Brexit delay, uncertainty after shock United Kingdom vote

European Union fears Brexit delay, uncertainty after shock United Kingdom vote

However, she added they would be "asserting the interests of the 27 member states that will make up the European Union in future" during negotiations. European Commission head Jean-Claude Juncker said he wanted Brexit discussions to proceed without delay, while Michel Barnier , the EU's chief negotiator for Brexit, said "negotiations should start when United Kingdom is ready".


FTSE 100 rises but pound suffers after shock election result

FTSE 100 rises but pound suffers after shock election result

But in the moments after the exit poll predicted the Conservatives would be the largest party, but with fewer MPs, the currency dived to around $1.2730 in Asian trading- its lowest point since the election was called in April. "That's why you are seeing the (U.S.) stock market up and the dollar stronger", he said. The Nasdaq managed to close at a record high on Thursday. It later hovered 2% lower as trading got into gear in London, at $1.2692, after a hung parliament became clear - ...