Business

Oil, mining shares lead FTSE 100 toward another record high

Oil, mining shares lead FTSE 100 toward another record high

The index is on track for a closing high and is being boosted by Saudi Arabia and Russia's commitment of extending their current deal of oil production cuts. The gains for European stocks were neither large nor across the board, however, with Paris shares drifting lower. IG market analyst Chris Beauchamp said: "A new record high for the FTSE 100 this morning was driven in no small part by oil firms, which have been boosted by further talk among oil ministers that more production cuts ...


Korea Claims Successful Test Of New Rocket Able To Carry Nuclear Warhead

Korea Claims Successful Test Of New Rocket Able To Carry Nuclear Warhead

It was launched at a high angle and reached an altitude of 2,111.5 kilometers (1,312 miles) and traveled 787 kilometers, reaching the "precise location intended", according to KCNA. The United Nations Security Council will meet on Tuesday at the request of the United States, South Korea and Japan to discuss a reaction to the missile launch, diplomats said on Sunday.



Massive cyber attack creates chaos around the world

The original attack lost momentum late on Friday after a security researcher inadvertently took control of a server connected to the outbreak, which crippled a feature that caused the malware to rapidly spread across infected networks. What's sad is that this was all largely preventable, had more Windows users simply installed the security patch Microsoft released for it two months ago.


Martin Demichelis announces his retirement

Martin Demichelis announces his retirement

Former Manchester City defender Martin Demichelis has announced his retirement from football at the age of 36. He made over 170 appearances for Bayern Munich (winning four Bundesligas), bagged another league trophy in England with Man City, and went to two World Cups with Argentina.



Liberum Capital Gives Interserve PLC Price Target With Potential -0.83% Downside

Shareholders of record on Thursday, April 20th were given a €0.40 ($0.43) dividend. SIG plc (LON:SHI) has risen 11.05% since October 11, 2016 and is uptrending. Lloyds Banking Group plc (LYG) belongs to the "Financial" sector with an industry focus on "Foreign Money Center Banks", with Mr. Antonio Mota De Sousa Horta-Osorio as Group Chief Exec.



China's Xi says Belt and Road summit reaches consensus, achieves positive outcomes

India's decision to boycott China's One Belt One Road summit came from an official statement issued late on Saturday, May 13. "We are of firm belief that connectivity initiatives must be based on universally recognised global norms, good governance, rule of law, openness, transparency and equality", Ministry of External Affairs (MEA) official spokesperson Gopal Baglay said in a press conference yesterday.