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Shrimp Ban in the Gulf of Maine has Increased Imports from Canada

Shrimp Ban in the Gulf of Maine has Increased Imports from Canada

The ban put by the regulators for catching shrimp in the Gulf of Maine, which was mostly dominated by Maine fishermen has increased the inflow of the soft crustaceans from Canada. The ban came into effect over the worries of low population of the species.

Oil Prices Increase as U.S. Oil Drilling Rig Count drop

Oil Prices Increase as U.S. Oil Drilling Rig Count drop

On Monday, the price of crude oil saw an increase yet again as an extension to the gains achieved last week. The main reason for the price increase is attributed to the fall in the number of U. S. oil drilling rigs. That signals at a lower supply in the later months of this year. The recent monetary stimulus measures in China also underpinned the market.

Mylan says Speculations of an Acquisition by Teva is a Rumour

Mylan says Speculations of an Acquisition by Teva is a Rumour

On Friday, Mylan, the Dutch generic drug making company said that speculation which says that that company may be acquired by Teva Pharmaceutical is just a rumour and it doubts whether the regulators would even approve this kind of a deal. The drug makes said that it decides to remain a stand-alone company.

Higher Gasoline Prices Lifts US Consumer Prices in March

Higher Gasoline Prices Lifts US Consumer Prices in March

In March, the consumer prices rose for the consecutive second time owing to the rise in price of gasoline. This signal at the fading effects of the lower oil prices and also indicates that inflation is likely to spiking to higher levels.

Ahead of Apple’s Announcement of Earnings Report Analysts Forecast the Success Rate

Ahead of Apple’s Announcement of Earnings Report Analysts Forecast the Success R

On Monday, Apple plans to announce its earnings report. The analysts have started forecasting the success rate of the company already and mainly focuses on the chief financial metrics that will be determined mainly by sales of the iPhone 6 and iPhone 6 Plus devices of the company.

Another Round of Layoff Announced by Schlumberger Cutting 11,000 jobs

Another Round of Layoff Announced by Schlumberger Cutting 11,000 jobs

Pricing pressure and lowered activity are the main reasons that are responsible for the job cuts in Schlumberger.

On Thursday, the oil field services company Schlumberger announced that there will be another round of lay off in which 11,000 employees will lose their jobs. In January, the company had announced 9,000 layoffs and the recent announcement is an addition to that.

Mattel and Quirky Unveil a Partnership to Create New Toys from Crowd Source

Mattel and Quirky Unveil a Partnership to Create New Toys from Crowd Source

Kids these days are more into smartphones and tablets rather than Barbie and Hot Wheels, so it's time for Mattel to come into action to keep its popularity and business rolling.

Washington Firms Hauling Greater Venture Capital Funds

Washington Firms Hauling Greater Venture Capital Funds

The first quarter of this year has seen the companies from Washington raised a greater amount of venture capital funding which has never been noted ever in the initial three months of a year in the last ten years or more. The industry gathered the impetus late last year and is now continuing to maintain the momentum.

The Foreclosure Activities in March Rise Sharply in the U.S

The Foreclosure Activities in March Rise Sharply in the U.S

Last month saw a huge increase in foreclosure activities all over the U. S. A report from RealtyTrac revealed numbers for the bank recoveries.

On Thursday, the group sad that the foreclosures, which include scheduled auctions, foreclosure notices as well as bank repossession, increased twenty percent and reached a figure of 122,060 in the previous month.

Slowdown in U.S. Crude Production Inches Brent crude Prices Higher

Slowdown in U.S. Crude Production Inches Brent crude Prices Higher

Price of crude oil is expected to rise in the near future even with the oversupply.

Signaling at a rise, the Brent crude prices touched a high seen so far in 2015 moving over $63 a barrel. In the previous session the prices rallied five percent or more and according to the analysts further price rises are on the card.

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