Business

Iran denies Saudi claim of guard arrests

Iran denies Saudi claim of guard arrests

They accuse Doha of supporting extremist groups, including some backed by Iran. Saudi Arabia reopened its embassy in Baghdad in 2015 following a 25-year break, and in February Foreign Minister Adel Al-Jubeir visited Baghdad. Two of the boats got away, it said. The assault was not only aimed at sending a message to IS, but also to the USA and Saudi Arabia. Tehran had repeatedly accused the Saudis and Washington of supporting terrorists and trying to destabilize Iran.


Honda Hit by WannaCry

Honda Hit by WannaCry

The plant puts out approximately 1,000 vehicles per day, split between the Accord sedan and the Odyssey and Stepwgn minivans. Honda launched recovery efforts immediately after the virus was detected and reopened the Sayama factory Tuesday morning, the company said in a statement.



Donald Trump tightens red tape on travel from the U.S. to Cuba

The Obama policy is likely to be revised rather than reversed entirely. Still, Cuba said it is willing to continue "respectful dialogue" with the United States on topics of mutual interest. Once implemented Trump's policy is expected to curtail U.S.travel by creating a maze of rules for Americans to obey. Trump's approach is aimed at halting the flow of USA cash to the country's military while maintaining diplomatic relations.



ACA insurance markets holding up - barely - for 2018

The future of the marketplaces has become a major political talking point, with the White House declaring the marketplaces a failure. If an insurer misses the Wednesday deadline, regulators could still choose to accept a last-minute application, as they did previous year in Arizona, to make sure residents had access to a policy through the state marketplace.


Oil headed for weakest first-half performance in two decades

Oil headed for weakest first-half performance in two decades

Reuters reported that benchmark Brent crude fell to $45.62 a barrel, down $1.29, by 1 p.m. (1700 GMT). The U.S. crude oil futures contract for July CLc1, which was due to expire later on Tuesday, fell 98 cents to a low of $43.22, its lowest since November 14, before recovering to around $43.30.


Oil prices climb off ten-month lows as US stockpiles drop

Oil prices climb off ten-month lows as US stockpiles drop

This is a trend that has undermined efforts by OPEC to assist the market while cut down output. Data on June 16 showed a record 22nd consecutive week of increases in US oil drilling rigs . While some increases in production were expected, the pace of Libya's output is particularly surprising. Meanwhile, cargo tracking updates from energy data provider Kpler revealed that global crude oil floating storage had hit the highest level since the start of 2017, at an average of 102 ...