Business


Rare Team USA loss in America's Cup race

Skippered by Australian Jimmy Spithill, Oracle were looking good after beating Britain's Land Rover BAR by 39 seconds and SoftBank Team Japan by 54 to counter their 39-second loss to Sweden's Artemis Racing. Each team will race one another twice. Today, the first race of the day, Race 13 , will be between Great Britain and France. Sweden's Artemis Racing go into the 35th America's Cup as one of the strongest challengers for global sport's oldest trophy, after showing impressive speed in ...


PM Narendra Modi's Berlin visit signals Asian pivot for Atlanticist Angela Merkel

PM Narendra Modi's Berlin visit signals Asian pivot for Atlanticist Angela Merkel

It is PM Modi's second visit to Germany and the final one before the German Chancellor, Angela Merkel , heads for the national elections in September with a bid to win yet another term. Modi's concept of "Digital India" also clicked well. In the starting phase of his tenure as the Prime Minister of the country, PM Modi visited many countries for improving relations.



Oil market 'almost balanced' despite rising US supply: IEA

Organisation of the Petroleum Exporting Countries (OPEC), continued to reduce production in April, but output from Africa's top exporter - Nigeria , increased by 273,600 barrels per day (bpd). "Such is the diversity and dynamism of the USA shale sector that our numbers are likely to be a moving target as 2017 progresses". Brent markets rallied as well, breaking above the top of the hammer from the Thursday session which is a technically positive signal .



Els docks himself two shots for plugged lie ruling

On Wentworth's par-5 12th hole, Els found his second shot plugged next to a greenside bunker. "I thought it was plugged, so I asked my guys (playing partners) if I could check it and they said yeah". Four of the 18 putting surfaces were also reshaped while five more were partially rebuilt. "I couldn't hit the hole from three feet", said the Bristolian.


Opec strikes deal to cut oil output for nine months

Opec strikes deal to cut oil output for nine months

OPEC members and other large producers signed an agreement for oil production cuts at the end of a year ago to reduce global output in 1.8 million barrels per day in the first half of 2017, aiming to drive up the price of the commodity. "But all indications discovered that a nine-month extension is the optimum", Khalid al-Falih said. "It's not appropriate to discuss any cut for them anytime soon", the President of OPEC conference said.



Alex Noren Wins BMW PGA Championship on European Tour

Having been seven shots off the lead heading into the final round, Noren equalled the tournament record for the biggest comeback set by Simon Khan in 2010 and Rory McIlroy in 2014. "Sometimes maybe too much, he's got injured a couple of times over the years in his wrist". "I didn't even think about it when I came off the course quite angry (after the third round) after playing a good round and chipping it into the water from the back of the green on 18.