Business


Oil in Global Economy Series US oil production recovery continues to overwhelm

Otherwise, U.S. shale producers will have an incentive to keep pumping at record levels, feeding more oil into the market and cutting OPEC's market share. "If the need arises for any correction, this can be done in coming ministerial conferences", the first OPEC delegate said. Early this month, Iraq , which committed to reduce daily production by 210,000 barrels to 4.351 million barrels, said it supported a six-month extension, but didn't comment on the nine-month proposal .


France's Macron calls for 'historic reconstruction' of Europe

France's Macron calls for 'historic reconstruction' of Europe

Many conservatives around Merkel, fearful the eurozone could develop into a "transfer union" in which Germany is asked to pay for the struggling states that resist reforms, are skeptical of Macron's calls for closer integration. "Firstly, the current European political topics and about the directives the European asylum system, and also, questions of trade relations". Germany, which as Europe's strongest economy has borne the brunt of bailouts for weaker eurozone members, is not ...


Discovery Communications Srs A (NASDAQ:DISCA) Stock Is Shorted More

Discovery Communications Srs A (NASDAQ:DISCA) Stock Is Shorted More

Analysts on average have given a price target of $28.27 to Discovery Communications, Inc . stock. Pivotal Research reissued a "hold" rating and issued a $28.00 price target (up previously from $27.00) on shares of Discovery Communications in a research note on Sunday, April 23rd.


PPG CEO says remains interested in 'consensual' deal with Akzo

PPG CEO says remains interested in 'consensual' deal with Akzo

The U.S. paint maker will challenge a June 1 deadline imposed by the Dutch regulator before which it has to make an offer for Akzo Nobel or walk away for six months, McGarry told reporters on Tuesday in Amsterdam , where the Dutch company is based.



Circassia Pharmaceuticals PLC's (CIR) Add Rating Reaffirmed at Peel Hunt

The Maine-based Vigilant Capital Management Llc has invested 1.86% in the stock. First National Bank Sioux Falls, a South Dakota-based fund reported 14,995 shares. The Company's divisions include European Pharmaceuticals, North American Pharmaceuticals and Pharmaceuticals Research and Development. The latest broker reports which are now outstanding on Monday 22nd of May state 2 analysts have a rating of "strong buy", 0 analysts "buy", 3 analysts "neutral", 0 analysts "sell" and 0 analysts ...



Ford Replacing CEO Mark Fields In Management Shakeup

Ford added that the company must "re-energize" its business and focus on improving shareholder returns. Hackett, 62, will take on the roles of CEO and president following more than a year as executive chairman of Ford Smart Mobility . Hackett, like Harbaugh, played for MI under legendary football coach Bo Schembechler. "With this transition, we are moving forward with great optimism", Ford said in an employee e-mail that Reuters reviewed.