Business


Asian shares gain, tracking Wall St advance, oil price rally

While this should be positive for the dollar , the market reaction was to sell off the greenback and US Treasury yields fell immediately after the FOMC minutes. The central bankers made that clear in the minutes from their 2-3 May meeting, which were released Wednesday. KEEPING SCORE: The Nikkei 225 stock index in Tokyo climbed 0.4 percent to 19,821.44 and Hong Kong's Hang Seng jumped 0.7 percent to 25,598.44.


Google tracks credit card spending to prove digital ads work

Google tracks credit card spending to prove digital ads work

Google says it protects all customer data and that it doesn't collect or provide marketers with any identifying information for shoppers, such as names or credit card numbers. But in those cases, you at least had to tick a "Terms and Agreements" box that acknowledged you knew there was some stuff you never read. The company will now match the profiles up with credit and debit card information given to them by third party companies.



OPEC considering whether to cap Nigerian oil output - delegates

OPEC Secretary General Mohammad Barkindo said there is "growing consensus" for an extension. "We considered various scenarios, from six to nine to 12 months, and we even considered options for a higher cut". The price of West Texas Intermediate oil , the US benchmark crude, declined 3.8% to $49.39 at 1:06 p.m. Brent, the global benchmark for the price of oil, has traded this year in a range between $46.60 per barrel and $56.30 per barrel.



China rejects 'inappropriate' credit downgrade, says it 'exaggerates difficulties'

The new move frustrated Beijing , where the finance ministry accused Moody's of overestimating the risks facing the economy. CHINA'S Ministry of Finance dismissed yesterday's decision by Moody's Investors Service to downgrade the country's credit rating for the first time in almost 30 years, saying the ratings agency was exaggerating economic difficulties and underestimating reform efforts.



ImmuPharma PLC (IMM) Earns Buy Rating from Northland Securities

Darden Restaurants Inc now has $11.01 billion valuation. It is 0.00% or $0 reaching $2.01 per share. (APF) has risen 24.17% since May 25, 2016 and is uptrending. Wells Fargo downgraded Darden Restaurants, Inc. The rating was initiated by Buckingham Research with "Buy" on Monday, October 19. The stock of Portmeirion Group PLC (LON:PMP) has "Buy" rating given on Monday, January 18 by Panmure Gordon.



OPEC extends oil supply curbs as glut persists

The output reductions have been in effect since November, when the 13-country Organization of the Petroleum Exporting Countries agreed to cut production by 1.2 million barrels a day, while non-OPEC countries chipped in with a further 600,000-barrel reduction.