Business

Oil output cut deal effect to depend on many factors

Oil output cut deal effect to depend on many factors

OPEC and 11 other producing countries agreed to cut nearly 1.8 million bpd of production in an effort to end two years of oversupply and cheap oil. The surprising data pushed the oil prices down, as WTI crude depreciated by 1.11% to 52.39 Dollars per barrel, while Brent oil dropped by 0.88% to 55.23 USD per barrel.


Tesla Motors, Inc. (NASDAQ:TSLA) Analyst Coverage

Tesla Motors, Inc. (NASDAQ:TSLA) Analyst Coverage

It also reduced its holding in Logitech Intl S A (NASDAQ:LOGI) by 213,338 shares in the quarter, leaving it with 202,598 shares, and cut its stake in Linkedin Corp (NYSE:LNKD). If you are reading this report on another site, it was illegally stolen and republished in violation of US & worldwide copyright & trademark law. Strs Ohio has invested 0.07% of its portfolio in Tesla Motors Inc (NASDAQ:TSLA).



Did Donald Trump need an apology from Mitt Romney?

After Conway and others attacked Romney publicly -- lobbying against his selection in television interviews -- and more than a week after the two had begun talking, Trump raised the possibility of a public apology with Romney as a way of mollifying those critics, the sources said.


Pubs group Punch attracts Heineken bid

Pubs group Punch attracts Heineken bid

Punch, the U.K.'s second-largest pub chain, confirmed Wednesday that it had received a 174 pence ($2.21) per share offer from private equity company Patron Capital Advisers LLP and Heineken N.V. The company has a market value of about 386 million pounds ($489 million). According to United Kingdom takeover rules, both Patron and Emerald have until 1700 GMT on January 11 to make a firm offer or walk away.


Macquarie Group Said to Offer Up to A$7.3 Billion for Tatts

Macquarie Group Said to Offer Up to A$7.3 Billion for Tatts

Wagering, he said, was more volatile. Tatts' board and advisers are considering the Pacific Consortium proposal and investors expect an update before Christmas. It added that "the directors of Tatts continue to believe the proposed Tabcorp merger is in the best interests of Tatts shareholders and unanimously recommend the proposed Tabcorp merger, in the absence of a superior proposal and subject to an independent expert concluding the proposed Tabcorp merger is in the best interests of ...