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Business - Oil prices dip on stronger dollar; rise in U.S. crude stocks data

Crude oil futures fell in early trade on Wednesday as the U.S. dollar held around three-week highs and industry stocks data indicated a build in U.S. crude inventories. International Brent crude oil futures were trading at $48.27 per barrel at 2052 EST, down 10 cents, or 0.2 percent, from their previous close. U.S. West Texas Intermediate (WTI) crude futures were down 16 cents, or 0.4 percent, at $46.19 a barrel.

Wednesday, August 31, 2016  02:26


World - Big spending clubs shatter Premier League transfer record

Big spending English clubs have shattered the Premier League`s transfer spending record after the total splashed out reached £880 million ($1.1 billion, 1 billion euros) on Thursday. By 1500 GMT, shortly after Manchester City`s signing of Barcelona goalkeeper Claudio Bravo was confirmed, the Premier League clubs` gross spending in the current transfer window had topped the record of £870m set last year. According to financial services firm Deloitte, the figure is likely to pass £1 billion by the time the current window closes next Wednesday as the 20 top-flight teams make the most of the riches reaped from lucrative new television contracts.

Thursday, August 25, 2016  18:56


World - Scotland reports 97% plunge in oil revenues

North Sea oil revenues for Scotland have plunged, according to official data out on Wednesday that unionists said undermined the case for independence following Britain`s vote to leave the European Union. Revenues fell to £60 million (71 million euros, $79 million) in the 2015-2016 financial year from £1.8 billion in the previous 12 months -- a 97-percent drop due to the dip in oil prices, the data showed. Scotland`s public deficit also rose to £14.8 billion, up from £14.3 billion in the 2014-2015 financial year.

Wednesday, August 24, 2016  18:36


World - Mourinho gives Schweinsteiger Man Utd warning

Manchester United manager Jose Mourinho indicated to out-of-favour midfielder Bastian Schweinsteiger on Friday that there will be no place for him at Old Trafford this season. The Germany international has two years to run on a reported £190,000-a-week ($251,000, 222,200 euros) contract, but has been frozen out by United`s new manager. Schweinsteiger, 32, has declared he will not join another European club and Mourinho suggested that if he stays, he may not even play in the Europa League or the English Football League Cup.

Friday, August 26, 2016  15:02


World - `No radicalisation` in Australia stabbing death: police

A Frenchman who allegedly stabbed a young British woman backpacker to death while saying `Allahu Akbar` in fact has no sign of radicalisation, Australian police said on Thursday. Twenty-nine-year-old Smail Ayad was expected to be charged with stabbing Mia Ayliffe-Chung, 21, multiple times late Tuesday at a backpacker`s hostel in Home Hill, a rural town in north Queensland state. `We are certainly not ruling anything out but what I can say at this stage there is absolutely no -- and I repeat -- there is absolutely no indication of any form of radicalisation or any particular motive in relation to this matter,` Detective Superintendent Ray Rohweder told a press conference.

Thursday, August 25, 2016  06:03


World - Hamilton faces penalty on return after summer break

Spa-Francorchamps (Belgium) (AFP) - Lewis Hamilton returns to work at the Belgian Grand Prix this weekend knowing he faces the prospect of grid penalties in the next few weeks that could dent his prospects of a fourth world championship. After a four-week break for the European summer holidays, the defending three-time champion seeks his fifth consecutive victory for Mercedes and third at the majestic Spa circuit in the hope of increasing his 19-point lead with nine races to go. The regulations allow drivers five penalty-free changes of six different components before grid penalties of up to 15 places are handed out - a situation that could mean Hamilton starts from the back of the grid in pursuit of his Mercedes team-mate and title rival Nico Rosberg.

Thursday, August 25, 2016  02:35


World - 10 years after last pro match, Andre Agassi visits US Open

NEW YORK (AP) For all of his victories during two decades on the tennis tour, including eight Grand Slam titles, Andre Agassi looks back most fondly these days on the aftermath of a loss.

Tuesday, August 30, 2016  21:58


Business - How to fix the Windows 10 Anniversary Edition webcam bug

Microsoft`s newest update to Windows 10 rolled out more than just features --it also inadvertently killed many webcams in the process. Good news: There`s a registry fix for that.

Tuesday, August 30, 2016  20:17


Business - VMworld 2016: New unified endpoint management could make it easier to manage Windows 10 devices

VMware recently unveiled a new technology for better managing endpoints with Windows 10, while also updating their Horizon and Workspace One products.

Tuesday, August 30, 2016  17:34


World - South Africa beat NZ by 204 runs in 2nd test, win series 1-0

CENTURION, South Africa (AP) South Africa remained unbeaten in test cricket series against New Zealand when it crushed the Kiwis by 204 runs inside four days of the second test on Tuesday.

Tuesday, August 30, 2016  16:34

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