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Shortly following the release of the letter today, chief executive, Andrew Mackenzie, adrressed investors at a conference in Barcelona on thje group's plans to boost long-term shareholder value. "The current period of shareholder activism could result in a break-up and/or a significant adjustment of the company's structure", Citi said in a note this week.
  • Engineer charged in deadly Amtrak crash

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    The NTSB investigation said he was a train enthusiast who had good knowledge of the speeds and tracks he was operating on. It was later ruled that radio chatter about a rock strike to a nearby SEPTA train's windshield stole Bostian's attention that night.
  • Oil rebounds above $50 on latest U.S. stockpile figures

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    OPEC on May 11 sharply raised its forecast for oil supply from non-member countries in 2017 as higher prices encourage USA shale drillers to pump more, hampering OPEC efforts to clear a glut and support prices by cutting its output. The EIA raised its US oil production forecast to an average of 9.3 million barrels per a day (bpd) in 2017 and 10 million bpd in 2018 while it lowered its projection for average oil prices in 2017 to $52.60 a barrel for Brent and $50.68 for WTI.
  • Eurovision: Pop, politics and a dancing ape _ but no Russia

    Eurovision: Pop, politics and a dancing ape _ but no Russia

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    The former 'X Factor" contestant has defied fears Brexit could affect our chances to rise up the ranks over the last few days, with punters placing a flurry of bets on her and her song " Never Give Up On You' . "I'm going there to do well but I'm prepared for anything". Speaking to the Daily Star newspaper, she said: "I might just wear trousers on the night!" And she giggled: "I might just wear trousers on the night".
  • British central bank: consumers squeezed by inflation

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    Higher inflation usually forces central banks to eventually raise interest rates, so greater expectations are the first step in this process. The Bank trimmed its growth forecast to 1.9% from its previous estimate of 2.0% made in February.
  • Christian governor of Jakarta sentenced to prison for blasphemy against Koran

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    Ahok rose from deputy governor in 2014 after Jokowi vacated the capital's governorship following his victory in Indonesia's presidential election that year. Tuesday's jail sentence and his loss last month to a Muslim challenger in the Jakarta vote, which he had once been favourite to win, has fuelled fears that hardliners are growing increasingly influential and that the country's much-vaunted tolerant brand of Islam is under threat.
  • Feds evacuate workers at Washington state nuclear site

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    There is no indication so far that any radioactive material has leaked from a tunnel that collapsed Tuesday at a nuclear facility in the U.S. state of Washington, federal officials said . Department of Energy said. Although there is still a lot of work to be done at the site, considerable progress has been made to reduce the risks posed to the health and safety of the community and the environment, the department wrote .
  • Nicki Minaj pays college costs for Twitter fans

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    The "Anaconda" singer's Twitter followers delivered, sending snaps of their grades and needs - including loans, tuition and supplies - and Minaj responded with promises to pay up. An hour later, the star had pledged support to more than 30 of them in the form of tuition or help in paying off college loans. People tweeted Nicki from all over the world, asking her to pay off their debts, fund their fees, and buy them equipment they needed to take their courses.
  • Old-Guard Rallies Around Newcomer Macron For French Runoff

    Old-Guard Rallies Around Newcomer Macron For French Runoff

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    Paresh Davdra, CEO and Co-Founder of RationalFX, told Daily Star Online: "European markets have been boosted by the outcome of the first round of the French elections". "Tonight, I am no longer the president of the Front National". "It makes me a bit sad that Marine Le Pen got through", said a voter named Stephane, who preferred not to give his last name.
  • Pakistan says South Asia Satellite is exclusively India's project, not regional effort

    Pakistan says South Asia Satellite is exclusively India's project, not regional effort

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    Pakistan on day blamed India for its exclusion from the "SAARC Satellite" project, saying New Delhi was not willing to develop the venture on a collaborative basis. Hasina congratulated Modi and the government of India for successful launching of South Asia Satellite. India spent around US$75 million (RM325.34 million) on the construction and launch of the satellite, with Prime Minister Narendra Modi calling it a "gift" for member countries of the South Asian Association for Regional ...
  • United, passenger dragged from plane reach settlement

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    David Dao was treated in hospital after aviation police physically removed him from the plane to make space for four crew members on the flight between Chicago and Louisville, Kentucky. The settlement came the same day United announced a sweeping series of changes for passenger protection, including paying up to $10,000 for travelers who voluntarily give up their seat on an overbooked flight.
  • .PRESS Supports Press Freedom Day for 3rd Consecutive Year

    .PRESS Supports Press Freedom Day for 3rd Consecutive Year

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    The way they operated was similar to present day BBC which was established by a royal charter, and operates under its Agreement with the Secretary of State for Culture, Media and Sport. To him, Cameroonian journalists must press for reforms that will protect them from attacks and give them access to have information hitch free. "Many journalists are in jail and oppressed in China, Russia, Belarus, and countries in Latin America, Africa, and Asia".
  • Deadline to dig out old paper £5 notes

    Deadline to dig out old paper £5 notes

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    If you have an old £5 note that you've been meaning to spend you better get your act together because tomorrow is your last chance. Banks will continue to accept or replace any old £5 notes brought into a branch by their own customers. The address is: Department NEX, Bank of England, Threadneedle Street, London EC2R 8AH. Shops have now been told not to hand over old £5 notes as change to customers.
  • UFC launches women's flyweight division with new season of 'The Ultimate Fighter'

    UFC launches women's flyweight division with new season of 'The Ultimate Fighter'

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    Seasoned flyweight fighters are invited to audition for TUF Season 26 as the UFC aim to crown a new champion by the end of the season which begins filming in July. Tryouts are slated for 8 a.m. on Tuesday, May 23, at Palace Station Hotel in Las Vegas. News of the division class comes just a few months after the promotion introduced its third women's division, the featherweights.
  • US trade deficit narrows in March

    US trade deficit narrows in March

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    Total exports (BSE: TOTEX.BO - news ) fell 0.9 percent for the month to $191 billion, the biggest drop since October. Exports to countries other than the United States, meanwhile, rose 15.3 per cent, bolstered by sales to China, India and South Korea.
  • American Airlines Group Inc. (AAL), Micron Technology, Inc. (MU)

    American Airlines Group Inc. (AAL), Micron Technology, Inc. (MU)

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    Several other large investors also recently added to or reduced their stakes in the stock. Also covering American Airlines Group AAL's target, a total of 14 equity analysts have released a research note on AAL . Investors of record on Saturday, May 6th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.94%. (NASDAQ: AAL ) Major Airlines on its PE ratio displays a value of 9.46 with a Forward PE of 8.18.