• Cabinet gives in-principle nod to ONGC-HPCL merger
Cabinet gives in-principle nod to ONGC-HPCL merger

As per Wednesday's closing price, a 51.11 per cent stake in HPCL is worth around Rs 30,000 crore. Quoting Oil Minister Dharmendra Pradhan , a Reuters report said, "ONGC has forwarded a proposal to acquire HPCL". Sarraf said there was a strong case for merging MRPL, which ONGC had acquired in March 2003 from AV Birla Group, with HPCL but no modal...

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  • Russian Federation surpasses Saudi Arabia in oil output in May
Russian Federation surpasses Saudi Arabia in oil output in May

My take? The world is tantalisingly near a short-term bottom in crude oil prices. Oil slid in NY as the market searches for more evidence that Organization of the Petroleum Exporting Countries's (Opec) cuts are working. An upward trend in global crude prices proves that OPEC's efforts to freeze output have been positive for the market. Barc...

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  • Discovery in merger talks with Scripps Networks
Discovery in merger talks with Scripps Networks

Also, Scripps is a major Food Network stakeholder. If Discovery and Scripps should follow through with these talks, they would make a combined $19 billion cable network that specializes in non-scripted shows. Reuters reported on Viacom's involvement. About 8.12M shares traded or 544.44% up from the average. Since the beginning of the cal...

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  • Chris Evans top BBC earner as pay list reveals gender gap
Chris Evans top BBC earner as pay list reveals gender gap

The BBC published the salaries of its 10 highest-earning radio and TV personalities Wednesday, and Evans, who hosts "The Chris Evans Breakfast Show" on BBC Radio 2, topped the list by a fairly large margin. BBC Radio 2's Ken Bruce, who makes at least 250,000 pounds, was accosted on the street. "We have set the most stretching targets in ...

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  • Wall St opens flat in run-up to big earnings
Wall St opens flat in run-up to big earnings

The direction of the major stock indexes on Tuesday will be determined by the strength of the earnings reports . Schaeffer's Senior V.P. of Research Todd Salamone highlights key ETF strikes to watch this pre-Fed expiration week . Asset management firm BlackRock fell 3.1 percent after reporting that second-quarter net income came in at $5.25 per...

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  • U.S. imposes fresh sanctions on Iran over missile tests
U.S. imposes fresh sanctions on Iran over missile tests

The Treasury Department on Tuesday blacklisted 18 individuals and entities for supporting Iran's military and Revolutionary Guards Corps, accusing them of trying to build ballistic missiles and steal USA computer software and of harassing US naval vessels.

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  • Presidential election 2017: MP and MLA vote to elect India's president today
Presidential election 2017: MP and MLA vote to elect India's president today

Congress president Sonia Gandhi, Vice President Rahul Gandhi, former PM Manmohan Singh and BSP chief Mayawati were among those prominent leaders who cast their votes at Parliament house. "In that sense it is a complete vote", he said, adding that the voting was extremely peaceful. Indian Prime Minister Narendra Modi , who was addressing an ...

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  • Pakistan Army launches operation Khyber-4 in Rajgal Vallley: ISPR
Pakistan Army launches operation Khyber-4 in Rajgal Vallley: ISPR

Asif Ghafoor told that there is no organized infrastructure of Daish in Pakistan, and Pakistan Army will not allow to establish them either. Pakistan is in the midst of a push, dubbed Operation Radd-ul-Fasaad, to snuff out terrorism within the country.

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  • Two Charged after Remains of Missing Men Found on Penn. Farm
Two Charged after Remains of Missing Men Found on Penn. Farm

Asked what he wanted to say to the families of the men as he was escorted from court on Thursday, a handcuffed DiNardo said: "I'm sorry". He will plead guilty to four counts of first-degree murder, said defense lawyer Paul Lang. The two are described as good friends. Police said that two days later, DiNardo agreed to sell Finocchiaro a quarter-...

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  • Free fries given out at Simplot celebration in Boise today
Free fries given out at Simplot celebration in Boise today

So if you're a fan of McDonald's fries, make sure you drop by one of their stores for a freebie on Thursday. Arby's - The chain is giving away free curly fries with an order of a Brown Sugar Bacon Sandwich. Snuffer's: Get a free small order of fries with this coupon. Burger King: There'a not free fry offers here, but there is a $3.49 dea...

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  • Key Indian equity indices touch record highs
Key Indian equity indices touch record highs

The key stock exchange has attributed the problem to a technical glitch, vowing to resolve the issue as soon as possible. On BSE, 1,540 stocks advanced, while 1,112 declined and 157 remained unchanged. "On preliminary analysis, the technical problem apparently is related to software. For fresh trades, we suggest waiting for some consolidation or ...

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  • Lewis joins elite company as Windies beat India in Twenty20
Lewis joins elite company as Windies beat India in Twenty20

West Indies won with nine balls to spare, making 194 for one off 18.3 overs in reply to India's 190-6 at Sabina Park in Kingston, Lewis clinching the victory in style by sweeping spinner Ravindra Jadeja over the boundary rope. IST: West Indies win toss , opt to bowl. "We welcome Chris back to the T20 squad ", he said. I gave an incenti...

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  • Samsung's quarterly profit tops estimates
Samsung's quarterly profit tops estimates

The earnings forecast surpassed a market consensus of around 13.2 trillion won compiled by FnGuide, a financial information service provider. Moreover, Samsung Electronics is also expected to account for 30.5 percent of the total operating profits of KOSPI-listed firms, up from 25.5 percent at the previous quarter .

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  • France Industrial Output Rebounds In May
France Industrial Output Rebounds In May

Forecasts had pointed to growth of 0.7pc on the month and 1.1pc on the year. "It's all building up a pattern here that says the economy is clearly losing momentum", said Peter Dixon, economist at Commerzbank. The manufacturing figures were hit by a 4.4 per cent drop on the month in motor vehicle production, the biggest fall since February previou...

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  • US Bombers Hold Live-Fire Drills Near North Korea
US Bombers Hold Live-Fire Drills Near North Korea

US President Donald Trump requested a special meeting of the United Nations Security Council (UNSC) in response to North Korea's missile test. "I call it the peaceful pressure campaign ... Haley also urged China and other North Korean allies to stop encouraging the Pyongyang regime - or their good relationship with the US could suffer.

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  • Dutch to try suspects in Malaysia flight downed in Ukraine
Dutch to try suspects in Malaysia flight downed in Ukraine

Previous year it was found by an worldwide criminal investigation that a missile was sacked at the plane from rebel-controlled territory by a mobile launcher which had been brought in from Russian Federation. So far the investigations by the JIT and the Dutch Safety Board determined that the plane was shot down by a Russian BUK missile system tha...

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  • Mamata's allegation baseless, meant to blackmail people: Tripathi
Mamata's allegation baseless, meant to blackmail people: Tripathi

The row started on Tuesday, when the Governor and the Chief Minister had heated exchanges during a telephonic conversaiton related to the communal violence in North 24 Parganas district's Baduria. Incidents of communal tension are frequently occurring in various parts of the state. We have been demanding President's Rule in Bengal for some time.

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  • Oil Runs Above $46 As US Rig Count Dips
Oil Runs Above $46 As US Rig Count Dips

West Texas Intermediate crude's August delivery was up by 0.4%, to 19 cents and settling at $44.93 a barrel on the New York Mercantile Exchange; according to FactSet, this is the highest WTI saw since June 13. "I think the extent to which Saudi Arabia bled revenue during 2014-2016 forced them back to the OPEC table before the job of really turnin...

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  • Maine Governor Says Government Shutdown Is 'Necessary For The Future'
Maine Governor Says Government Shutdown Is 'Necessary For The Future'

A group of six ME lawmakers has voted 5-1 to send a $7.1 billion, two-year budget proposal to the House and Senate. Democratic House Speaker Sara Gideon and Republican Senate President Michael Thibodeau said they are optimistic and expect lawmakers to vote on Friday.

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  • Trump's Commerce Chief Silenced as German Patience Runs Out
Trump's Commerce Chief Silenced as German Patience Runs Out

German Chancellor Angela Merkel on Tuesday called on the USA and European Union to resume talks on a free trade agreement after the Trump administration gave the clearest signal yet that it was willing relaunch negotiations on such an accord.

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  • Sony to Start Pressing Vinyls for First Time in Several Decades
Sony to Start Pressing Vinyls for First Time in Several Decades

But despite the current popularity of digital music services like Spotify , old school records are enjoying a renaissance. According to stats physical music sales represented 73% of total record industry revenues in Japan past year. Turntables and other vinyl-related accessories are also benefiting as a result. Sony has not confirmed which tit...

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  • USA banks clear stress test
USA banks clear stress test

Analysts expect at least several of the big banks to come out of the test with plans to substantially increase returns to shareholders - potentially using cash reserves to pay out more than 100 percent of their profits. Additionally, the board of directors of U.S. Bancorp has approved a four-quarter authorization to repurchase up to $2.6 billion of...

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  • Recode: Pandora CEO to step down
Recode: Pandora CEO to step down

Westergren will also be leaving his position on the board, and will be replaced there by Jason Hirschhorn , former co-president at Myspace and previously the chief digital officer at MTV. He returned to lead the company in 2016. Shares of Pandora Media Inc ., which are already down 35 percent since the beginning of the year, slipped about 1 p...

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  • Whole Foods CEO calls Amazon buyout a
Whole Foods CEO calls Amazon buyout a "courtship"

Amazon.com and Whole Foods have already revealed their different styles. Last month CNBC reported that Amazon was in serious discussions about breaking into the prescription drug business, and the move to acquire Whole Foods may be a strategic one, suggest some experts.

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  • Navy confirms 7 died in USS Fitzgerald collision off Japan
Navy confirms 7 died in USS Fitzgerald collision off Japan

She says they moved to CT was Huynh was in eighth grade. The collision occurred at 2:30 a.m. local time about 56 nautical miles off the coast of Yokosuka, Japan, which is home to the 7th Fleet. Yoko Kato, a spokeswoman for the US Navy in Yokosuka, said not all seven were recovered. Two others were airlifted off the ship and treated in the hospi...

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  • US releases dramatic photos of 'unsafe' Russian jet intercept
US releases dramatic photos of 'unsafe' Russian jet intercept

Russia disputed claims that its aircraft was at fault during the encounter and said it intercepted two U.S. reconnaissance aircraft as they "approached the Russian state border". The U.S. has reported similar 35 interactions with Russian aircraft in the past month. Apparently referring to the same episode, Pentagon spokesman Navy Captain Jeff ...

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  • Home sales roar back in May after April showers
Home sales roar back in May after April showers

May's sales increase came after April's sales were revised to show a smaller drop than previously reported. Sales of new homes rebounded in May, led by strong sales gains in the South and West, the Commerce Department reported Friday. Gudell said. Regionally, new home sales increased 13.3 percent in the West and 6.2 percent in the South. Sale...

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  • Tesla reaches agreement with Shanghai to explore production
Tesla reaches agreement with Shanghai to explore production

The stock of Tesla Inc (NASDAQ:TSLA) earned "Outperform" rating by Oppenheimer on Tuesday, September 8. Northwestern Mutual Wealth Mgmt Co reported 4,431 shares. RBC Capital Markets maintained it with "Sector Perform" rating and $180 target in Thursday, February 11 report. Evercore has "Buy" rating and $310 target.

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  • Penguins' Stanley Cup victory parade will be held Wednesday
Penguins' Stanley Cup victory parade will be held Wednesday

An empty-net goal by Carl Hagelin caused the normally delirious Bridgestone Arena crowd to fall silent as the final seconds ticked off the clock. The 1998 Red Wings were the last team to win a second consecutive Cup. Nashville was questioned if they could support a hockey team, and they proved it in a big way. Some 10 minutes later, Sissons was ...

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  • For Whole Foods workers, fears of robots, drones and culture clash
For Whole Foods workers, fears of robots, drones and culture clash

Armed with giant warehouses, shopper data, the latest technology and almost endless funds - and now with Whole Foods' hundreds of physical stores - Amazon is set to reshape a US$800 billion grocery market that is already changing rapidly.

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  • Georgia race finally heads to voters; DC watching closely
Georgia race finally heads to voters; DC watching closely

Striking a tone vastly more bipartisan than the "Make Trump Furious" message his campaign spread in the lead up to the April primary, Ossoff, 30, spoke of his willingness to work with President Donald Trump - but also to hold him accountable .

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  • What Are Analysts Report About Emerson Electric Co. (EMR)
What Are Analysts Report About Emerson Electric Co. (EMR)

Cvs Health Corporation now has $80.59B valuation. About 6,236 shares traded. (NYSE:EMR) has risen 18.47% since June 20, 2016 and is uptrending. It has underperformed by 4.60% the S&P500. Davis R M invested in 0.11% or 42,703 shares. Rothschild Investment Corporation Il has 0.08% invested in Emerson Electric Co. Md Sass Invsts Incorporated invested ...

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  • Wall Street surges; Dow Jones reaches new high
Wall Street surges; Dow Jones reaches new high

The Nasdaq and the S&P 500 are also higher, up 58 points to 6,210 and 11 points to 2,444, respectively. The tech sector saw a substantial bounce Monday, with the S&P 500 information technology sector closing 1.66 percent higher for its best day of the year.

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  • Amazon buying Whole Foods in $13.7 billion deal; grocery stocks tumble
Amazon buying Whole Foods in $13.7 billion deal; grocery stocks tumble

This deal will put it on the map of the $700 billion grocery market. The Amazon .com Inc. ( NASDAQ: AMZN ) deal to buy Whole Foods Market Inc . Amazon's shares rose 2.4 percent to $987.71, adding $11 billion to its market capitalization, which in one sense makes the acquisition almost free for Amazon shareholders.

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  • Amazon buying Whole Foods, making strong move into groceries
Amazon buying Whole Foods, making strong move into groceries

Whole Foods could also become "Whole Foods by Amazon ", or some other derivative. Among those brick-and-mortar experiments was a cashless payment system. "Retweet if you've also spent $13 billion at Whole Foods", quipped the comedian Chelsea Handler. Groceries are already a fiercely competitive business, with low-priced rivals like Aldi puttin...

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  • Walmart is buying Bonobos for $310 million
Walmart is buying Bonobos for $310 million

The announcement comes at a time of growth and innovation in e-commerce for Walmart. "I would not like to be somebody playing in the grocery space right now", said Jan Rogers Kniffen, chief executive of retail consultancy firm J. For Walmart, the deal marks at least its fourth acquisition of a digital-first retailer since Marc Lore took over as...

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  • Greek PM hopes deal will be reached at Eurogroup meeting
Greek PM hopes deal will be reached at Eurogroup meeting

For the best part of a decade, Greece has wanted to become a "normal" country, and late on Thursday it appeared to begin that process, after creditors agreed to disburse €8.5bn (£7.4bn) of bailout funds aimed at putting the debt-stricken nation back on the road to recovery.

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  • Donald Trump has no intention of firing Robert Mueller: White House
Donald Trump has no intention of firing Robert Mueller: White House

Former House Speaker Newt Gingrich said Tuesday that Trump called him Monday night because of Gingrich's concerns about the Russian Federation probe. "Director Mueller is going to have the full degree of independence that he needs to conduct that investigation appropriately", Deputy Attorney General Rod Rosenstein told a Senate appropriations sub...

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  • Maryland, DC attorneys general suing Trump
Maryland, DC attorneys general suing Trump

At their news conference, the two Democrats said their effort is non-partisan and that other attorneys general , including Republicans, were welcome to join their effort. "Never in the history of this country have we had a president with these kinds of extensive business entanglements ", the D.C. Attorney General declared.

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  • Oil output set to outpace demand in 2018: IEA
Oil output set to outpace demand in 2018: IEA

And they have racked up production as prices rise. Oil inventories have remained high several months into a deal by OPEC producers with non-member nations to reduce supply by 1.8 million bpd. Iraq also passed Saudi Arabia as the number one supplier to India, the fastest growing oil consumer. Last year, Saudi Arabia burnt 700,000 bpd of...

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  • Are Analysts Bearish Auto Trader Group PLC (LON:AUTO) After Last Week?
Are Analysts Bearish Auto Trader Group PLC (LON:AUTO) After Last Week?

The stock of Boohoo.Com PLC (LON:BOO) has "Buy" rating given on Wednesday, September 30 by Beaufort Securities. Jefferies has "Hold" rating and $354 target. The stock of Ted Baker plc (LON:TED) earned "Sell" rating by Panmure Gordon on Friday, January 6. Investors sentiment decreased to 1.17 in 2016 Q4.

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  • Sec. Zinke's recommendation is to shrink Bears Ears
Sec. Zinke's recommendation is to shrink Bears Ears

Based on limited case law, a couple of opinions from attorneys general, plus the Federal Land Management and Policy Act of 1976, the legal ground would seem to favor advocates of keeping Trump from reducing the size of Bears Ears as designated by Obama under the authority of the 111-year-old Antiquities Act .

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  • Bill Cosby Won't Testify as Defense Team Rests in Criminal Trial
Bill Cosby Won't Testify as Defense Team Rests in Criminal Trial

Among those not called to testify on Cosby's behalf were any character witnesses or, most notably, Cosby himself , a strategy that would have opened the defense to negative character witnesses and, most damagingly, cross-examination of Cosby.

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  • Other Views: Trump's air-traffic spinoff would be great flight forward
Other Views: Trump's air-traffic spinoff would be great flight forward

Trump is right that while "every passenger has GPS technology in their pockets, our air-traffic control system still runs on radar", circa 1945. Transportation Secretary Elaine Chao said that officials had spoken with air industry representatives and they feel that it is necessary for Congress - currently controlled by the Republicans - to move...

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  • Market Risers: Ashtead Group plc, Blue Star Capital PLC, Boohoo.Com PLC
Market Risers: Ashtead Group plc, Blue Star Capital PLC, Boohoo.Com PLC

The company has market cap of 2.38 billion GBP. It has a 49.17 P/E ratio. JP Morgan maintained the shares of BARC in report on Monday, October 5 with "Overweight" rating. The share price for Ashtead Group plc with company EPIC: LON:AHT has risen 1.07% or 17 points in today's trading session so far. Deutsche Comml Bank Ag holds 0% or 107,649 share...

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  • Trump tweets support for banking bill
Trump tweets support for banking bill

The bill would also neuter the Consumer Financial Protection Bureau , stripping the agency of the power to regulate both payday lenders and arbitration clauses that financial institutions use to keep consumers from being able to hold them legally liable for malfeasance in court.

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  • Police shooting in traffic stop
Police shooting in traffic stop "clearly" murder

Opening statements are set to begin Thursday morning. Defense attorney Stewart Mathews says that Tensing's arm was stuck inside the auto and that he feared for his life as DuBose tried to drive away. Mathews agreed that Tensing made a mistake by reaching into the vehicle. Hamilton County Judge Leslie Ghiz (giz) said the jurors will be taken W...

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  • Oil slips on worries Mideast rift could undermine OPEC cuts
Oil slips on worries Mideast rift could undermine OPEC cuts

Commodities brokerage Marex Spectron said it expects "lower supply of crude oil on the physical market" in the coming weeks, adding that "this is likely to provide support to the price" of oil. "Qatar is. committed to the supply cut decision and its compliance ratio ranges between 93 and 102 percent", he said. The declines in the global crude oil...

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  • Oil prices fall even as OPEC extends output cut
Oil prices fall even as OPEC extends output cut

President Trump has announced that the U.S. will be withdrawing from the Paris Climate Agreement, it is expected that the U.S. will expand its oil production even more sharply", said analysts at German bank Commerzbank. Sechin , a close ally of President Vladimir Putin, expects shale oil output to increase by about 1.5 million barrels a day in ...

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  • Don't forget the European Central Bank interest rate decision today
Don't forget the European Central Bank interest rate decision today

The report said that the European Central Bank ( ECB ) is set to cut its medium-term inflation projections for 2019, from 1.7 percent to 1.5 percent. Earlier Thursday, the Eurostat statistics agency revised figures for first-quarter growth up to 0.6 percent from 0.5 percent. In the year to May it was 1.4 percent and the European Central Bank does...

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