Business


EIA Report Renews Fears of Persistent Supply Glut

American benchmark West Texas Intermediate (WTI) lost 5 percent to reach as low as $45.78 per barrel - its lowest level since May 8. According to the Financial Times , the sharp fall in oil prices was due to the Energy Information Administration (EIA) reporting USA inventories had increased 3.3 million barrels to 513.2 million barrels, countering estimates of a decline of similar size in its weekly report.


May heads for crunch meeting with party lawmakers

May heads for crunch meeting with party lawmakers

The Conservatives, led by Theresa May , are now in talks with Northern Ireland's ultra-conservative Democratic Unionist Party (DUP ) to forge an informal alliance. While calls for Mrs May to go had "faded", she said her authority was "extremely fractured" and had acknowledged she was not "calling the shots" any more .



Damian Green is appointed First Secretary of State

However, in another appointment relevant to the air quality policy portfolio, Chris Grayling will stay on as Transport Secretary, a job he has held since 2016. He then asks a series of questions related to the prime minister's dealings with Murdoch. Being House Leader has largely helped him avoid the glare of publicity that has led to some of his colleagues being exposed.



Stagecoach Group plc (SGC) Rating Reiterated by Liberum Capital

The stock has "Neutral" rating by JP Morgan on Thursday, March 24. Turtle Creek Asset reported 1.50 million shares or 10.94% of all its holdings. The firm has "Buy" rating given on Monday, January 9 by Jefferies. The company was downgraded on Thursday, September 10 by BNP Paribas. After $0.91 actual EPS reported by BorgWarner Inc. for the previous quarter, Wall Street now forecasts -2.20% negative EPS growth.



Attorney General Jeff Sessions Offers To Testify To Intelligence Panel

Some lawmakers consider Sessions' willingness to appear before a public hearing a positive step toward getting clearer answers. Senator James Lankford , Republican of Oklahoma, said on CBS's Face the Nation Sunday that the committee is still in a "final conversation" with Sessions but assumes the hearing would be public.



Harry Kane credits Royal Marines for late Hampden equaliser

Southgate's men were staring down the barrel of their first defeat in 2018 World Cup qualifying after Leigh Griffiths' pair of late free-kicks had cancelled out Alex Oxlade-Chamberlain's 70th-minute opener. "It was important to us to keep that unbeaten record going", admitted Kane. "Hampden is a tough place to come to and there was a great atmosphere", added the 23-year-old.