Business


International Olympic Committee says OPEC output cut won't hit imports

TheNewsGuru.com reports that the oil producers agreed in December to cut output by 1.8 million barrels per day for six months from January 1, 2017 . However, Kachikwu, in an interview with Bloomberg TV ahead of the meeting, said Nigeria was not opposed to joining the production cuts in a bid to prop up oil prices.



Restaurant Group PLC (RTN) Upgraded to "Overweight" by JPMorgan Chase & Co

Us Fincl Bank De holds 4,650 shares. Jane Street Ltd Liability holds 0.01% or 192,820 shares. The company has market cap of $998.79 million. The healthcare products include engineering solutions for stereotactic neurosurgery, diagnosis of infectious diseases, analytical tools that identify and characterize the chemistry and structure of materials, supply of implants to hospitals and specialist design centers for craniomaxillofacial surgery, and products and services that allow dental ...



Jim Bunning, Hall of Fame pitcher and ex-US senator, dies

Bunning threw the first of only two ideal games in Phillies history, his being even more significant by pitching it on Fathers Day. Throwing in the first game of a Sunday doubleheader, Bunning needed just 90 pitches to complete the National League's first ideal game since 1880 when he struck out Mets' pinch-hitter John Stephenson.


Opec extends 1.8m barrel daily cut in oil production

Opec extends 1.8m barrel daily cut in oil production

Since December Brent crude, the global benchmark, has recovered to as high as $60 per barrel from about $46, although it has dipped below $50 several times. The upshot is that the price of oil - and derived products like fuel - is unlikely to increase much in coming months. The agreement proved to be partially successful, as it managed to keep the prices oil prices above $50 per barrel, giving a fiscal boost to major producers.



Trump, Republicans push back on Kushner reports

The FBI has reportedly considered Kushner a person of interest, to be interviewed by the Senate Intelligence Committee about his potentially inappropriate, if not illegal, relations with Russian Ambassador to the U.S. "So you know there's a lot of different ways to communicate, - back-channel, publicly - with other countries". Kushner, a key White House adviser, had meetings late a year ago with Russia's ambassador to the U.S., Sergey Kislyak, and Russian banker Sergey Gorkov.


Baseball Star Jim Bunning, Former US Senator, Dead at 85

Baseball Star Jim Bunning, Former US Senator, Dead at 85

After retiring, Bunning returned to his home state of Kentucky where he later served as a Republican U.S. Congressman and then two terms as a junior U.S. Xavier High School in 1949 and received a bachelor's degree in economics from Xavier University in 1953. He served six terms in the House and then was elected to the Senate in 1998 and re-elected in 2004.