Business


April OPEC Oil Output Fell, But Saudi Arabia's Production Rose

Equatorial Guinea, which is Africa's third largest oil producer, said it had support from Saudi Arabia to join OPEC. OPEC's production last month fell by 18,000 barrels per day, according to secondary sources cited in the report, to 31.73 million barrels per day.


U.S., China ink trade deal

U.S., China ink trade deal

Commerce Secretary Wilbur Ross announced Thursday night that the USA was greenlighting Chinese chicken imports and getting US beef producers access to China's almost 1.4 billion consumers. "This should have been done years ago when it would have made a difference". " China just agreed that the US will be allowed to sell beef , and other major products, into China once again".



Bank of England leaves rates unchanged, lowers 2017 growth forecast

Faced with Brexit unknowns, a national election and mixed economic data, Bank of England Governor Mark Carney and his colleagues will probably say on Thursday they want more clarity before paving the way for the first interest rate hike in almost a decade.



White House denies Trump asked Comey for loyalty pledge

Republican chairman of the panel, Richard Burr, and the top Democrat, Mark Warner, praised Mr Comey, with Mr Warner saying he was offended at Mr Trump's remarks. "Instead, Mr. Comey has recounted to others, he told Mr. Trump that he would always be honest with him, but that he was not "reliable" in the conventional political sense".



UK's health system recovering from attack

Goezelt/dpa via AP). German rail operator Deutsche Bahn said some electronic signs at stations announcing arrivals and departures were infected. Ciaran Martin, who leads the UK's National Cyber Security Centre, said his team was doing everything in their power to get "vital services" back up and running.



India's Modi emphasizes links with Sri Lanka to deepen ties

India wanted a peaceful and prosperous Sri Lanka because their social well being was linked with that of Indians, he said. "Buddhism imparts an ever present radiance to our relationship", Modi said in his speech in Colombo . As Modi arrived in Sri Lanka Thursday, reports emerged that China sought permission to dock one of its submarines at the Colombo port, but the administration had refused.