Business

Oil prices rise as Saudi and Russian Federation agree to prolong output curbs

Oil prices rise as Saudi and Russian Federation agree to prolong output curbs

Output from the politically divided country is at its highest since October 2014 when it pumped 850,000 barrels a day, data compiled by Bloomberg show. USA crude stockpiles are forecast to have declined by 2.75 million barrels to 519.8 million barrels in the week ended May 12th, according to a Bloomberg survey of analysts.


Sotheby's sells pink, blue diamond earrings for about $51M

Sotheby's sells pink, blue diamond earrings for about $51M

A pair of diamond earrings have been sold at auction in Geneva for a record-breaking price of $57.4m (£44.4m). The previous record price for earrings was set by the " Miroir de l'Amour", two pear-shaped white diamond earrings that Christie's sold for $17.7 million in November.



Sinclair close to deal to acquire Tribune Media

Shares of Sinclair were inactive in premarket trade, but have gained almost 11% in the year to date, while Tribune is up more than 15%. Tribune (TRCO) shares were up more than 4.5% to $42.14 in early trading Monday; shares closed Friday at $40.29, giving the company a $3.5 billion market cap.


Noida cyber cell gives tips on preventing WannaCry attack

Noida cyber cell gives tips on preventing WannaCry attack

National Security Agency identified last August. In order to decrypt the files and regain access, WannaCry demands that $300 in bitcoins be paid to an anonymous account. "Users must update the patch MS-17010 provided by Microsoft using the source link http://technet.microsoft.com/en-us/library/security/ms17-010.aspx".


Jeremy Corbyn Says A Labour Government Wouldn't

Jeremy Corbyn Says A Labour Government Wouldn't "Hold Hands" With Donald Trump

Though his own position on Trident - he wishes to scrap it - puts him at odds with his party, Corbyn also said he would not seek to overturn last summer's Commons vote to renew the nuclear deterrent system. Jeremy Corbyn has said he is not a pacifist and would do "everything necessary" to protect Britain's security if he becomes prime minister after June 8.


U.N. Security Council condemns N. Korea's missile test

U.N. Security Council condemns N. Korea's missile test

Russian President Vladimir Putin said today that North Korea's latest missile test was "dangerous", but he warned that Pyongyang was being intimidated and called for a peaceful solution to regional tensions. North Korea is widely believed to be developing an intercontinental missile tipped with a nuclear weapon that can reach the US. Japanese Defence Minister Tomomi Inada said the missile could be a new type.