Business

Retail inflation inches higher at 4.58% in April vs 4.28% in March

Retail inflation inches higher at 4.58% in April vs 4.28% in March

Deflation in vegetables was 0.89 per cent in April, while in the previous month it was 2.70 per cent. As per the government data released on Monday, the Wholesale Price Index (WPI) based inflation stood at 2.47 per cent in March. Similarly, the inflation in the fruit basket was higher at 9.65% compared to 5.78% in the previous month. "Increase in this group's inflation is mirroring the movement of crude prices and currency value", Devendra Kumar Pant, Chief Economist at India Ratings said ...


May and Trump agree talks needed over Iran sanctions

May and Trump agree talks needed over Iran sanctions

Although the deal's other members emphasized their commitment to remaining in the Joint Comprehensive Plan of Action (JCPOA), the US threatened to impose sanctions on any companies enabling Iran by doing business with the country. "They agreed for talks to take place between our teams". Pompeo noted that Iran "watched Europe put exactly zero sanctions on their missile program" while the JCPOA was being observed by the U.S.


Facebook suspends around 200 apps over potential data misuse

Facebook suspends around 200 apps over potential data misuse

But banning an app from Facebook's ecosystem is not the same as recovering or forcing developers to delete the information they took, let alone tracking down who those developers might have shared information with. Archibong said that the investigation was likely to run for some time. In addition to carrying out its own internal investigations Facebook has since updated its external privacy settings for its users.


More pain at the pump: Gas prices continue to climb statewide

More pain at the pump: Gas prices continue to climb statewide

Drivers were paying an average of $2.80 per gallon for regular unleaded Monday in the Bradenton-Sarasota-Venice market, up 12 cents over the week, AAA reported. Levels of all three were lower than a year ago led by oil inventories down almost 89 million barrels in the last year. "The highest gas prices since 2014 won't keep travelers home this Memorial Day weekend", Albert said.


OPEC's oil output up by 12000 b/d

OPEC's oil output up by 12000 b/d

The global oil demand outlook for 2018 has been increased by 150,000 barrels daily to 98.85 mln barrels per day. On Friday, there was a slide of 0.9 percent by which it can expected that the futures of NY are little changed. tight oil. WTI Crude oil slipped to $70.45 per barrel or for 0.35%, according to Reuters. Total volume traded was about 24 percent below the 100-day average.


Woman says United Airlines kicked her off flight for being 'pungent'

Woman says United Airlines kicked her off flight for being 'pungent'

Court documents state that Obioma noted that the passenger stood up and go to the pilot's cabin. The victim, Queen Obioma , a Nigerian citizen, and her two children were stopped boarding a flight from Houston to San Francisco. The suit claims the woman was taking her children to school in Canada, and United's decision caused them to miss important appointments. She had reportedly said "excuse me" 3 times, and eventually had to squeeze past several minutes later after the man refused to move ...