Business


Oil Market Is Rebalancing Yet OPEC's Work Not Finished, IEA Says

The aim was to reduce a glut in global oil supply that had depressed prices. USA oil output witnessed a steep growth in the last one year by almost 10% since mid-last year and touched 9.3 million bpd production. "As OPEC turned down the taps from record Q4, 2016 production, the average OPEC basket price of crudes rose from $47.59/b in Q4, 2016 to $52.03/b in Q1, 2017".


India Too a Victim of Terrorism, Says Donald Trump in Saudi Arabia

India Too a Victim of Terrorism, Says Donald Trump in Saudi Arabia

India is among countries that have been victims of terrorism, Trump says. United States President Donald Trump in a centrepiece speech last night rallied leaders from around the Muslim world in a renewed campaign against extremism, rejecting the idea that the fight is a battle between religions.



Amazon Echo Show brings a screen to Alexa

Skype is not supported as of now. All Echo messaging and calling is free. We even saw a leaked render of this product a couple of days ago and today, the company has made the official announcement. It will include the features of its other Echo devices along with video shown on a seven-inch touchscreen. A source speaking with CNBC said Amazon plans to use its Alexa and Echo technology in the enterprise, too, and that we can expect announcements on that front later this year.


US, Europe swap air security information at laptop ban talks

US, Europe swap air security information at laptop ban talks

Pace University management professor Andrew Coggins Jr. pointed out that putting laptops in checked bags "exposes them to theft and damage", and inconveniences business travelers who may also use their laptops during long worldwide flights.


Jury Acquits Tulsa Cop in Shooting Death of Terence Crutcher

Jury Acquits Tulsa Cop in Shooting Death of Terence Crutcher

Defence lawyer Shannon McMurray argued that prosecutors rushed to charge Shelby for political reasons, fearing civil unrest like the angry street protests that erupted in Charlotte, North Carolina, after the fatal shooting of 43-year-old Keith Lamont Scott four days after Crutcher was killed.


Trump visits new Saudi terrorism-monitoring center

Trump visits new Saudi terrorism-monitoring center

Right to left, Jordan's King Abdullah II, Saudi Arabia's King Salman bin Abdulaziz Al Saud, U.S. President Donald Trump , and Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan pose for a photo during Arab-Islamic-American Summit in Riyadh, Saudi Arabia .