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World - Pakistan 200-8 at lunch on day 3, 2nd test vs. New Zealand


HAMILTON, New Zealand (AP) — Pakistan responded to its perilous position in the second cricket test against New Zealand by coming out with all guns blazing Sunday, lifting itself from 76 for five overnight to 200-8 at lunch on the third day.


Sunday, November 27, 2016  00:27

CNN

Most Recent - OPEC deal sends oil spiking 14% in 3 days


Crude oil prices have soared to 17-month highs following OPEC`s decision to cut production for the first time since 2008.


Friday, December 02, 2016  23:46

Yahoo

World - Bond yields slip on U.S. jobs data, euro steady before Italy vote


Bond yields fell on Friday as solid U.S. jobs data reinforced the view that the Federal Reserve would raise interest rates gradually, while stock and currency markets were cautious ahead of an Italian constitutional reform vote on Sunday. Crude futures rebounded on a weaker dollar, resuming a rise sparked by a cut in oil output agreed this week by the Organization of Petroleum Exporting Countries, the first since 2008. The strength of the U.S. November payrolls report had been seen as critical for the Fed to lift rates again for the first time in nearly a year.


Friday, December 02, 2016  21:28

Yahoo

Business - Fed`s Tarullo warns against `backsliding` on bank regulations


U.S. banking regulators must defend tough rules governing Wall Street and resist efforts to dilute regulations that might prevent a future financial crisis, Federal Reserve Governor Daniel Tarullo said on Friday. `It is critical that we not forget our still quite recent history,` Tarullo told a meeting of financial market researchers in Washington, referring to the 2008 housing bust that pushed global financial markets to near-collapse.


Friday, December 02, 2016  18:23

Yahoo

Business - Oil softens after OPEC decision prompts big weekly rally


Oil prices fell 1.5 percent to steady at around $53 a barrel on Friday after the biggest weekly rally since 2009 following OPEC`s decision this week to cut crude output in order to rein in a global glut. The market focus now shifts to the implementation and impact of OPEC`s first production agreement since 2008, which will be joined by non-OPEC producers, after data showed output in Russia rose in November to a post-Soviet high. Front-month Brent crude futures were down 81 cents by 1153 GMT (6:53 a.m. ET) from their last settlement at $53.12 per barrel.


Friday, December 02, 2016  12:08

Yahoo

Business - Oil steadies after OPEC decision prompts big weekly rally


Oil prices steadied at around $53.50 a barrel on Friday after the biggest weekly rally since 2009 following OPEC`s decision this week to cut crude output in order to rein in a global glut. The market focus now shifts to the implementation and impact of OPEC`s first production agreement since 2008, which will be joined by non-OPEC producers, after data showed output in Russia rose in November to a post-Soviet high. Front-month Brent crude futures were down 45 cents, or 0.8 percent by 0951 GMT (4:51 a.m. ET) from their last settlement at $53.49 per barrel.


Friday, December 02, 2016  10:28

Yahoo

Business - Community banks due a break early in Trump term: Hensarling


Community banks will face less red tape and be able to lend to more small businesses once Congress erases financial rules conceived after the economic downturn of 2008, a leading Republican lawmaker said on Thursday. The plan from Jeb Hensarling, chairman of the House Financial Services Committee, would roll back parts of the Dodd Frank reform legislation, a law that was meant to prevent a future financial meltdown by muzzling Wall Street. Hensarling said Dodd Frank unduly crimps local lending and that replacing Dodd Frank is his top priority.


Friday, December 02, 2016  00:10

Yahoo

World - Americas` top human rights body hears first LGBT torture case


By Anastasia Moloney BOGOTA (Thomson Reuters Foundation) - An eight-year legal battle by a gay Peruvian man who accused police of raping him went before the Americas` leading human rights organization on Thursday in a landmark case to determine whether the alleged crime was torture. Lawyers for Luis Alberto Rojas said he was arbitrarily detained by police in northern Peru in 2008. After his release, Rojas filed a criminal complaint against the police for sexual violence, abuse of authority and torture but his case was dismissed by state prosecutors, his lawyers said.


Thursday, December 01, 2016  22:36

Yahoo

World - Turkey says `a good part` of Syrian Kurdish fighters have withdrawn from Manbij


ANKARA (Reuters) - `A good part` of Syrian Kurdish fighters have withdrawn from the Syrian city of Manbij, a Turkish deputy prime minister said on Thursday. Turkey has repeatedly insisted that the Syrian Kurdish YPG and PYD should quit Manbij, something that both they and the United States have said has already happened. Deputy Prime Minister Numan Kurtulmus made the comments during an interview on the state-run broadcaster TRT Haber, and added that Turkey`s ongoing operations in Syria`s al-Bab and Manbij were matters of national security unrelated to the situation in Aleppo.


Thursday, December 01, 2016  19:32

Yahoo

Business - Automakers post strong November U.S. sales; are discounts inflating demand?


Hefty discounts during a robust Black Friday weekend helped boost November U.S. auto sales between 4 percent and 5 percent, automakers reported on Thursday, which could catapult results this year above a record high in 2015. Industry analysts worried that the record discounts, also called incentives, were both artificially inflating demand and extending the auto sales boom ongoing since the 2008-09 economic crisis. Bob Carter, senior vice president of automotive operations for Toyota Motor Corp`s U.S. sales arm, was upbeat nonetheless.


Thursday, December 01, 2016  17:40

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