Business News

Oil rallies on tight supplies in aftermath of U.S. storm By Reuters

seohan 10 hours ago

© Reuters. FILE PHOTO: Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base/File Photo

(Fixes typographical error in headline)

By Ahmad Ghaddar

LONDON (Reuters) -Oil prices rose on Tuesday, after sharp losses the previous session, amid tighter U.S. supplies, ending days of losses as global markets remain haunted by the potential impact on China’s economy of a crisis at heavily indebted property group China Evergrande.

gained 70 cents, or 1%, to $74.62 a barrel by 1239 GMT, having fallen by almost 2% on Monday. The

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50% Upside Potential By TipRanks

seohan 2 days ago

© Reuters. Foot Locker: 50% Upside Potential

Wall Street is underestimating Foot Locker’s (FL) growth potential in the new athletic retail apparel landscape, according to Quo Vadis President John Zolidis. He sees the company trading 50 percent higher in twelve months from now. I am bullish on this stock.

“The Street is underestimating the benefits from changes in Nike (NYSE:) distribution and the environment post-Covid, and therefore estimates are too low,” he says. “We see upward revisions driving valuation expansion with a potential 50% gain over one year.”

Last month, Foot Locker (NYSE:) reported a net income of $430 million,

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Canada’s Trudeau hammers main election rival’s COVID-19 approach By Reuters

seohan 4 days ago

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© Reuters. FILE PHOTO: Liberal Leader Justin Trudeau prepares to take part on CBC’s Face To Face with host Rosemary Barton in Toronto, Canada, September 12, 2021. Sean Kilpatrick/Pool via REUTERS

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By Steve Scherer

MONTREAL (Reuters) -Canadian Prime Minister Justin Trudeau, seeking to carve out a lead ahead of Monday’s election, accused his main rival on Thursday of showing weak leadership in the fight against COVID-19.

Opinion polls show Trudeau’s center-left Liberals effectively tied with the right-of-center Conservatives led by Erin O’Toole and set to fail in their bid to win a parliamentary majority.

Trudeau, 49, noted that

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Google, Apple remove Navalny app from stores as Russian elections begin By Reuters

seohan 4 days ago

© Reuters. The Russian opposition politician Alexei Navalny’s Smart Voting app is seen on a phone, in Moscow, Russia September 16, 2021. REUTERS/Shamil Zhumatov

MOSCOW (Reuters) – Alphabet (NASDAQ:)’s Google and Apple (NASDAQ:) have removed jailed Kremlin critic Alexei Navalny’s tactical voting app from their stores, his team said on Friday, after Russia accused the U.S. tech firms of meddling in its internal affairs.

Russia goes to the polls on Friday to elect a new parliament in a three-day vote that the ruling United Russia party is expected to win despite a ratings slump after the biggest crackdown on the

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U.N. envoy of ousted Afghan government asks to keep New York seat By Reuters

seohan 4 days ago

© Reuters. FILE PHOTO: Afghanistan’s U.N. ambassador Ghulam Isaczai addresses the United Nations Security Council regarding the situation in Afghanistan at the United Nations in New York City, New York, U.S., August 16, 2021. REUTERS/Andrew Kelly/File Photo

By Michelle Nichols

UNITED NATIONS (Reuters) – The U.N. ambassador representing Afghanistan’s ousted government has asked to remain in the country’s seat at the world body in New York, a U.N. spokesperson said on Friday, setting up a showdown if the Taliban tries to appoint their own envoy.

Ambassador Ghulam Isaczai signed a letter to U.N. Secretary-General Antonio Guterres with a list of

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