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Computer meltdown may cost British Airways over $100 million

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The glitch threw the plans of tens of thousands of travelers into disarray - by Sunday night, nearly 600 BA flights had been grounded. BA cancelled all its flights out of Heathrow and Gatwick on Saturday after the IT failure, which shut down all of the carrier's check-in and operational systems and affected call centres and its website. Read More »

The Key Energy Services, Inc. (KEG) Given "Neutral" Rating at Instinet

The analysts estimated mean EPS at -0.38 while the high and low EPS estimate stand at -0.27 and -0.47 respectively. On average, equities research analysts predict that Superior Energy Services will post ($1.74) EPS for the current year. ILLEGAL ACTIVITY WARNING: This story was reported by Transcript Daily and is the sole property of of Transcript Daily. If you are accessing this article on another website, it was stolen and reposted in violation of worldwide copyright & trademark legislation. Read More »

OPEC, Non-OPEC oil producers extend oil output cut by 9 months

Brent crude dropped by $2.60, to $51.36 a barrel, while West Texas Intermediate dropped by $2.58, to $48.78 a barrel. Brent had a rough night. Non-Opec producers, led by Russian Federation, were scheduled to meet Opec later in the day. Brent has averaged $53.90 per barrel so far this year. The global supply swamp has depressed markets since 2014. "It becomes so efficient that it can make money at sub $US50 oil", said Curt Taylor, president of consulting firm Opportune's Ralph E. Read More »

Tigers at White Sox

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He retired the first 18 batters before Andrew Romine was credited with a single to start the seventh when Tim Anderson couldn't corral a hard grounder. In the first game on Saturday, Michael Fulmer pitched a complete game for the Tigers, but gave up three runs. Andeson would make a terrific diving catch that doubled up Avila at second to prevent further damage that inning. Read More »

Oil drifts below $US50 as OPEC pessimism lingers

Those who are a part of OPEC , had made an agreement last week with non-OPEC producers to reduce the production by almost 1.8 million barrels per day up to the end of the first quarter of next year (2018). The U.S. rig count rose by 2 to 722, extending an 11-month drilling recovery to the highest level since April 2015. The local currency, which was heavily influenced by oil price movements, was quoted at 4.2680/2730 against Friday's close of 4.2670/2700. Read More »

Celtic defeats Aberdeen to win Scottish Cup to clinch treble

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The Hoops were under pressure to translate their dominant campaign into the club's fourth treble and were given a tough test in Saturday's Scottish Cup final by Aberdeen , who took the lead through Ireland global Jonny Hayes . He has been injured and back in and as soon as gets into the team, he looks a talent and as though he is going to score all the time. " Tom Rogic , with a bit of magic at the end". Read More »

Iran mocks Trump after speech in Saudi Arabia

The president's first speech overseas provided an opportunity to show his strength and resolve, in contrast to his struggle to contain a mushrooming scandal at home after his firing of former FBI Director James Comey almost two weeks ago. He also toured the Church of the Holy Sepulchre, which by Christian tradition is where Jesus was crucified and the location of his tomb. He is slated to meet separately with Netanyahu in Jerusalem and Palestinian Authority President Mahmoud Abbas in Bethlehem. Read More »

Another man linked to Manchester attack arrested by police

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A 25-year-old man was the latest to be detained on suspicion of terrorism offences and he was picked up in the Old Trafford area of the city. " Potentially ", she said, when asked if some of the network members might be at large. "There are 11 people in custody, the operation is still really at full tilt in a way". Rudd also said that the British government was making "good progression" with online companies whose tools are used for secure messaging by terrorists such as Whatsapp. Read More »

South Africa's Rabada and Parnell dismiss England for 153

Trevor Bayliss' side had already dispatched South Africa by 72 runs in the first match of the series at Headingley last Wednesday. England has revealed all-rounders Ben Stokes , Moeen Ali and Chris Woakes will all be rested for Monday's final one-day worldwide with South Africa , as the trio contend with injury issues ahead of the ICC Champions Trophy. Read More »

British Airways cancels flights amid global computer outage

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People wait with their luggage at the British Airways check in desks at Heathrow Terminal 5 in London May 28, 2017 . Cruz said that to reduce overcrowding travellers will only be let into the terminal 90 minutes before their flights. The airline later scrapped flights from Heathrow and Gatwick for the rest of the day. As hundreds of passengers remained stranded, the GMB union blamed job cuts at BA for the IT problems which were thought to relate to a power outage . Read More »

Oil slips as more US drilling outweighs OPEC-led cuts

Brent for July settlement was at $52.05 a barrel on the London-based ICE Futures Europe exchange, down 10 cents. US crude gave up early gains in Asia on Monday and fell following the 9th ballistic missile test by North Korea this year ahead of a day with China, the USA and US on public holidays. Read More »

Aguero and Kompany will stay at Manchester City, says Guardiola

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The other teams can not compete. The goalscoring emphasis then shifted from Argentina to Brazil, with Fernandinho and Gabriel Jesus - the latter making it seven goals in eight Premier League starts - completing the scoring. Jesus, 20, is exciting and has hit the ground running at City . The high farce continued after the break when Mazzarri received a lecture from referee Jon Moss, and Watford's fans began to call for him to be sent to the stands. Read More »

NKorean missile launch may be testing rivals, not technology

North Korea has fired at least one short-range ballistic missile into the sea off its east coast, the latest in a fast-paced series of tests defying world pressure and threats of more sanctions. "The North Korean regime has hundreds of artillery cannons and rocket launchers within range of one of the most densely populated cities on Earth, which is the capital of South Korea", Mattis told CBS news programme "Face the Nation". Read More »

NEXT plc (NXT) Upgraded to Buy at Investec

On Tuesday, May 17 the stock rating was maintained by Numis Securities with "Add". The stock of Babcock International Group PLC (LON:BAB) earned "Buy" rating by Deutsche Bank on Thursday, May 26. Baldwin Brothers Inc Ma invested in 0.01% or 7,000 shares. About 3.78M shares traded or 246.79% up from the average. Lincoln Capital Llc, a Nebraska-based fund reported 12,845 shares. Read More »

British Airways latest: Flight delays enter third day after IT meltdown

BA said on Monday that it would be operating a full schedule at Gatwick, as well as its long-haul flight programme, but several short-haul flights would still be cancelled. A BA spokesman said: "We are extremely sorry for the huge disruption caused to customers throughout Saturday and understand how frustrating their experiences will have been". Read More »

More trouble for British Airways and what to do if you're affected

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The airline said it would refund or rebook customers affected by the IT failure. But he says there will still be delays, as well as some cancelled short-haul flights. Many complained about a lack of information from the airline. "Passengers of those flights (in India and London ) have either been flown on other carriers, given hotel accommodation and the remaining will fly on Sunday flights", the official said. Read More »

One more held in Manchester, hunt for more in terror ring

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In an interview with the BBC on Sunday, Rudd acknowledged some members of Abedi's network could still be free. Armed police were stationed among spectators at the Great Manchester Run as the latest large-scale event took place in the city in the wake of the terror attack. Read More »

Market at new closing highs, Nifty ends above 9600

The Sensex had opened on a negative note and traded below the 31,000-mark briefly, but it bounced back 127.19 points up, surpassing its previous high of 31,028 that it recorded on Friday. Reliance Industries gained 1.55 percent whereas ICICI Bank, Infosys, SBI and Axis Bank declined 1-2 percent. In contrast, healthcare stocks weighed. Read More »

Greece deal must be reached by 15 June, says European commissioner

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The country is in dire need of bailout cash to meet debt repayment of more than Euro 7 billion due in July, or risk default. And he stressed any debt relief would only be implemented at the end of the current bailout program next year. "Now it is up to its partners to do the same". He said 3.5 percent of gross domestic product was a high primary surplus target which, however, "we were forced to accept". Read More »

OPEC deal: Nigeria not opposed to production cut - Kachikwu

However, the strategy of the 24 involved countries only initially boosted crude oil prices to around USD55 per barrel earlier this year, and oil has since mostly been trading between USD50 and USD54. The group could also send a message to the market that it will seek to curtail its oil exports, which have not declined as steeply as its production. Read More »

USA fresh produce firms call for "modernised" NAFTA

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Formal talks between the three countries are now expected to take place in August, with a 90-day notification period required from the first announcement to the US Congress. China was the largest market, importing $21.4 billion in American ag products a year ago. In fact, USA manufacturing exports to Canada and Mexico have increased almost 260% over the past 23 years, and US farm exports to the countries have grown by more than 150%. Read More »

South Korea questions six rescued North Koreans as it eyes engagement

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Besides its regular ballistic missile test-launches, the North carried out two nuclear tests a year ago _ in January and September. Roh Jae-cheon, the spokesman for the JCS, said the missile flew at an altitude of 120km (75 miles). But many analysts say Moon won't likely push for any major rapprochement projects because North Korea has gone too far on its nuclear program. The United States has said it is willing to enter into talks with North Korea - but only if it halts its missile and ... Read More »

North Korea Fires Unidentified Projectile — S.Korea Military

U.S. military officials said the missile flew for about six minutes. "The repeated provocative acts by North Korea is absolutely not acceptable", Japan's Chief Cabinet Secretary Yoshihide Suga said in a statement. North Korea is still thought to be several years away from its goal of being able to target US mainland cities with a nuclear intercontinental ballistic missile. Read More »

Yamana Gold Inc. (USA) (NYSE:AUY) & Glu Mobile Inc

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More interesting news about Yamana Gold Inc. Several hedge funds and other institutional investors have recently added to or reduced their stakes in AUY. Yet another important factor while evaluating a good buy/sell decision for Yamana Gold, Inc. Raymond James upgraded Yamana Gold Inc. TRADEMARK VIOLATION WARNING: This article was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. Read More »

Canada falls to New Zealand 17-7 in women's rugby sevens final

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The Iliesa Tanivula coached-side in their final pool play impressively held Australia to a 24-24 draw in their final pool match. Pacific Beat's rugby sevens specialist, Nick Jordan says Fijiana are yet to find consistency. The semi-final against France was more of the same for the Black Ferns Sevens as they continued to improve through the tournament. Batlow's Sharni Williams scored the last try for the Pearls but it wasn't enough to make it through to the finals. Read More »

Lieu to Kushner: Russia Has Lovely Weather This Time of Year

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He added: "Whenever you see the words "sources say" in the fake news media, and they don't mention names ... it is very possible that those sources don't exist". He met separately last December - after the election but before Trump assumed office - with Sergey Kislyak, the Russian ambassador to Washington , and Sergey Gorkov, the head of the government-owned Vnesheconombank, which has been subject to US sanctions because of its role in Russia's occupation of a part of Ukraine. Read More »

Adam Schiff wants to review Jared Kushner's security clearance

Rep. Adam Schiff , the top Democrat on the House intelligence committee, said Sunday on ABC that USA officials need to get to the bottom of the allegations against Kushner, including if Kushner was not honest about his Russian Federation contacts during the security clearance process. Read More »

Homeland security chief defends alleged plan for 'back channel' to the Russians

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But a former head of the US National Security Agency condemned Kushner's alleged effort to set up a secret communications line, saying that if it was true, it would reveal a risky degree of ignorance or naivete. "And, of course, if these reports are accurate, right after that campaign, after that intervention to have the president's son-in-law , a key player within the Trump organization, try to establish a backchannel with the Russians through a Russian diplomatic facility - you have to ... Read More »

Britain's Heathrow says BA still experiencing some disruptions

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British Airways passengers are facing a third day of disruption at Heathrow as the airline deals with the impact of a worldwide computer system crash. British Airways staff told customers to find hotels on their own for reimbursement later by the airline. Thousands of travelers suffered more chaos and cancellations Sunday as British Airways struggled to return to normal after a global IT crash sent its operations into meltdown. Read More »

Moody's downgrades China's credit rating from Aa3 to A1

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Moody's joined other observers in highlighting the risks of an overall debt pile that hit 256% of GDP at the end of previous year, which it said signalled "an erosion" in China's credit profile. Moody's lowered its sovereign rating for China from "Aa3" to "A1" and changed the outlook from negative to stable today. "Our projections show that China would still be able to maintain (a growth rate) of around 6 per cent by 2020", he noted. Read More »

Swedish art gallery satire "The Square" wins Palme d'Or at Cannes

Director Sofia Coppola made some pretty depressing history last night when she took out the award for " Best Director " at Cannes Film Festival-a feat that's only been accomplished by a woman once before... Russian director Andrey Zvyagintsev's Loveless , a drama about how society is struggling under Vladimir Putin, took the "Jury Prize", considered third place at Cannes . Read More »