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Prices surged after the Organization of the Petroleum Exporting Countries agreed in November with some other producing countries to curb supply. Overall, the cartel expects non-OPEC supply to increase by 0.95 million barrels per day, with the United States alone likely to contribute 0.82 million barrels per day.
  • Macron honors man killed by French far-right

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    Ms Le Pen, who stepped down as FN leader last week in a bid to broaden her appeal, wants to ditch the euro currency and hold a referendum on European Union membership so that France can reimpose border controls and deny state service to non-nationals.
  • South African court orders Zuma to explain reason for cabinet reshuffle

    South African court orders Zuma to explain reason for cabinet reshuffle

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    Zuma had five days to provide the Democratic Alliance with his reasons for firing Pravin Gordhan and Mcebisi Jonas, Judge Bashier Vally ordered. Zuma, who came to power in 2009, has been accused of corruption but survived several no-confidence votes in parliament thanks to his African National Congress (ANC) majority in the National Assembly.
  • Italy Says Google To Pay EUR306m To Settle Tax Disputes

    Italy Says Google To Pay EUR306m To Settle Tax Disputes

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    The sum also settles other disputes for the tax years 2002-2006 and 2014-2015. The payment is also "referenced to both Google Italy and Google Ireland units". Facebook didn't immediately reply to requests for comment. The company has always maintained that it complies with the tax laws of every country it operates in.
  • Statement by the Prime Minister of Canada on World Press Freedom Day

    Statement by the Prime Minister of Canada on World Press Freedom Day

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    In a message on the occasion of the World Press Freedom Day , Guterres called to protect journalists because 'their words and images can help change the world'. Speaking at the event, the President, Nigerian Union of Journalists (NUJ), Mr Waheed Odusile, urged stakeholders to unite in the struggle to ensure independence of press.
  • Passenger forcefully dragged off United Airlines flight reaches settlement, amount undisclosed

    Passenger forcefully dragged off United Airlines flight reaches settlement, amount undisclosed

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    Lawyers for Dr. Dao called the settlement "amicable" and revealed that one of the provisions was that the exact amount agreed upon by both sides remain confidential. Reuters reports United and representation for Dr. David Dao came to an agreement on Thursday (April 27) for an unspecified amount. "We look forward to implementing the improvements we have announced, which will put our customers at the center of everything we do", the carrier said.
  • Spend your old £5 notes before the weekend!

    Spend your old £5 notes before the weekend!

    Markets

    The Bank of England will, however, exchange any of the old notes. You can ask the shop keeper to give you a new note instead, as they have been told not to give out old ones as change anymore. Why has the paper £5 been withdrawn? . In future, banks and building societies may eventually stop accepting old £5 banknotes. If you are doing it by post, there is a form to fill in first.
  • Canada exports hit record high in March, trade deficit narrows

    Canada exports hit record high in March, trade deficit narrows

    Markets

    U.S. Bureau of Economic Analysis, through the Department of Commerce , announced today that the goods and services deficit was $43.7 billion in March, down $0.1 billion from revised value of $43.8 billion in February. As a result Canada's trade surplus with the United States narrowed from Can$4.5 billion in February to Can$4.0 billion in March. Exports decreased 0.9 percent to $191 billion, the biggest drop since October, led by energy, autos and pharmaceuticals.
  • Apple Inc. (NASDAQ:AAPL) Gains 0.57% Monday's Pre-Session

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    Q2 revenue: $53.079 billion, up 4.9% year-over-year. So there is a possibility that Apple will give you an option to engrave your name on your next iPhone. They say Apple could expand video-related revenue by offering a multiple-system operator pay-TV service; building a subscription video-on-demand service; or acquiring Netflix or Disney.
  • Stifel Nicolaus Reiterated Caterpillar Inc. (NYSE:CAT) As 'Hold'

    Stifel Nicolaus Reiterated Caterpillar Inc. (NYSE:CAT) As 'Hold'

    Markets

    Analyst recommendation for this stock stands at 2.70. Finally, American International Group Inc . increased its stake in Caterpillar by 4.9% in the third quarter. Stock is now moving with a positive distance from the 200 day simple moving average of approximately 16.03%, and has a solid year to date (YTD) performance of 12.56% which means the stock is constantly adding to its value from the previous fiscal year end price.