Business

Crude prices fall due to rise of U.S. crude stocks

Crude prices fall due to rise of U.S. crude stocks

Crude prices have fallen more than 10 percent since late May, pulled down by heavy global oversupply that has persisted despite a move led by the Organization of the Petroleum Exporting Countries to curb production. The last time this happened, in mid-2014, it was a precursor to a massive selloff in oil that dropped Brent from US$108 a barrel to about US$47 a barrel in the span of five months.



France's Macron says EU door remains open to UK

And she refused to respond to John Major's warning of the danger of violence returning to Northern Ireland if she strikes a deal with the Democratic Unionist Party, to prop her up in Parliament. Eight people were killed and dozens more injured. Before kick-off the French Republican Guard's band and choir performed the Oasis hit " Don't Look Back in Anger ", which became something of an anthem of steadfastness after the Manchester attack.


Chinese insurer reportedly denied amid financial probe

Chinese insurer reportedly denied amid financial probe

SHANGHAI, June 14 China stocks fell early Wednesday, led by blue-chips, as sentiment was soured by a media report alleging a probe of the head of financial conglomerate Anbang Insurance Group, plus weak May investment data deepening worries of economic deceleration.



Rosenstein Says He Wouldn't Fire Special Counsel Mueller Without Good Cause

The attorney general, Elliot Richardson, resigned rather than doing so, putting the onus on deputy attorney general William Ruckelshaus, who also chose to resign. Those calls have escalated since fired FBI Director Comey cryptically told lawmakers last week that the bureau had expected Sessions to recuse himself weeks before he did from the investigation into contacts between Trump campaign associates and Russian Federation during the 2016 presidential election .



Sessions appears at high-stakes Senate hearing on Russia, Comey

Sessions , a former Republican U.S. senator and an early supporter of Trump's presidential campaign, will likely have to explain why he told lawmakers in January that he had no dealings with Russian officials past year. Sessions' remarks came after sacked FBI boss James Comey said he believed he was fired to influence the agency's investigation into Russian political meddling.


11 states sue Trump's DOE over stalled energy-use limits

11 states sue Trump's DOE over stalled energy-use limits

Washington Attorney General Bob Ferguson joined Oregon, California and 8 other states Tuesday in filing a lawsuit against the Trump administration. According to the Energy Policy Conservation Act, the Department is responsible for setting minimum energy conservation standards for approximately 60 categories of appliances and equipment.