Brexit: Boris Johnson attacked by Luxembourg PM over ‘nightmare’

Media playback is unsupported on your device Luxembourg’s PM has attacked Boris Johnson’s approach to Brexit, calling the situation a « nightmare ». Xavier Bettel said the British government had failed to put forward any serious proposals for a new deal. But Mr Johnson, who pulled out of a joint press conference with Mr Bettel because of noisy protesters, said there was still a good chance of a deal. A government source said the gap the UK and Brussels needed to bridge to achieve a deal « remains quite large…

Android TV leak reveals Google Stadia integration and ‘hero device’ coming next year

Google appears to be planning a bunch of updates for Android TV over the next year, including new Assistant features, a major hardware release, and support for its upcoming game streaming service, Stadia. According to XDA Developers, which saw a slide presented by Google at a recent conference, Google has already planned out the key upgrades for Android TV over the next two years. This year, it’s planning to begin allowing device makers to add custom phrases to the Assistant, test in-menu ads, and launch a Play Store redesign that…

Chevron CEO says attack on Saudi Arabia’s oil facilities shows that ‘risk is real’

Michael Wirth, CEO of Chevron. Adam Jeffery | CNBC The attack against Saudi Arabia’s oil facilities is a wake-up call to dangers in the oil market, according to Chevron CEO Michael Wirth. « Perhaps the market had grown a little bit comfortable with risks that we never became comfortable with, » Wirth told CNBC’s « Closing Bell » Monday. « These events demonstrate that those risks are real. »  Energy stocks, including Chevron, surged Monday after a weekend drone strike attack wiped out about half of Saudi Arabia’s daily crude production.…

US will see ‘sticker shock’ at the gas pump after attacks on Saudi oil facilities, analyst says

U.S. gas prices will increase about 20 cents per gallon because of the recent attacks in Saudi Arabia, oil analyst Andy Lipow predicted Monday on CNBC. That should lead the national price-per-gallon average to surpass $2.70 « over the next week to 10 days, » Lipow said on « Power Lunch. » The average for a regular gallon has been roughly $2.56 for the last week, according to AAA. « There is really going to be some sticker shock from the consumer, really starting tomorrow, » said Lipow, president of…

Who calls the tunes in space, Brad Pitt asks NASA astronaut

FILE PHOTO: The 76th Venice Film Festival – Screening of the film « Ad Astra » in competition – Red Carpet Arrivals – Venice, Italy, August 29, 2019 – Actor Brad Pitt poses. REUTERS/Yara NardiLOS ANGELES (Reuters) – Brad Pitt traded laughs on Monday in a call to the International Space Station with a NASA astronaut, who somersaulted during the zero-gravity interview ahead of this week’s release of the actor’s new film, the space thriller “Ad Astra.” Pitt peppered astronaut Nick Hague with dozens of questions about what life was…

Microsoft’s annual Build developer conference kicks off on May 19th

Microsoft will host its 2020 Build developer conference in Seattle from Tuesday, May 19th to Thursday, May 21st, the company announced today. Microsoft didn’t say when tickets will go on sale, but does have a general mailing list you can sign up for to get information about the event. Build is one of Microsoft’s biggest events of the year, and although the event is focused on developers, the company uses it to preview its latest Windows road map as well as updates and features coming to Office, its Edge browser,…

History says oil stocks keeps rising. This is easiest way to bet on it

Energy stocks were rising on Monday along with oil prices after the weekend attack on the world’s largest oil production facility in Saudi Arabia forced the Kingdom to cut its oil output in half. The market repercussions were swift, with the S&P energy sector moving out of bear market levels. The easiest way to make a broad bet on a continued surge in energy stocks is exchange-traded funds rather than than attempting to pick individual winners in the sector. Recent trading history suggests the gains may continue. The SPDR S&P…

What investors need to watch in oil markets, according to RBC’s Croft

46 Mins Ago Keith Bliss, Cuttone & Company senior vice president; Helima Croft, managing director of RBC Capital Markets; and Ayham Kamel of Eurasia Group join CNBC’s « Closing Bell » team to break down the impact of of drone strikes on Saudi Arabian oil facilities and what it means for the industry and global economy. Source: CNBC

Tisci takes Burberry’s Victorian past to the future in spring show

LONDON (Reuters) – Italian designer Riccardo Tisci looked to Burberry’s Victorian roots for the luxury British brand’s latest line at London Fashion Week on Monday, mixing delicate lace with edgy street style for looks aimed at catering to different age groups. Model Bella Hadid presents a creation during the Burberry catwalk show at London Fashion Week in London, Britain, September 16, 2019. REUTERS/Henry NichollsThe Burberry creative chief, who has successfully revamped the brand since joining last year, had a star-studded catwalk to unveil the Spring/Summer 2020 line with models including…

Evidence points to Iran involvement in attack, says Saudi alliance, as oil prices soar

DUBAI (Reuters) – An attack on Saudi Arabia that triggered the biggest jump in oil prices in almost 30 years was carried out with Iranian weapons, a Saudi-led coalition said on Monday, as President Donald Trump said the United States was “locked and loaded” to hit back. The Iran-aligned Houthi group that controls Yemen’s capital claimed responsibility for Saturday’s attack, which knocked out more than half of Saudi Arabia’s oil production and damaged the world’s biggest crude processing plant. Iran denied U.S. charges it was to blame and said it…

Beleaguered U.S. energy shares soar after attacks on Saudi facilities

(Reuters) – Shares of U.S. energy companies surged on Monday, as a jump in oil prices in the wake of attacks on Saudi Arabia’s oil facilities gave new juice to a sector that has been a chronic underperformer. FILE PHOTO: Smoke is seen following a fire at Aramco facility in the eastern city of Abqaiq, Saudi Arabia, September 14, 2019. REUTERS/Stringer/File Photo/File PhotoShares of Apache Corp and Marathon Oil Corp were up more than 10% each, while major energy conglomerates including Exxon Mobil Corp and Chevron Corp rose more than…

Oil prices could go much higher if there is a military escalation after Saudi attack

An employee walks past crude oil storage tanks at the Juaymah Tank Farm in Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Ras Tanura, Saudi Arabia, on Monday, Oct. 1, 2018. Simon Dawson | Bloomberg | Getty Images The growth of the U.S. as both oil producer and exporter is helping cap a spike in crude prices following attacks on Saudi Arabian oil facilities, but the price could go sharply higher, depending on the duration of the disruption and whether it escalates into a military conflict. The weekend…

Saudi attacks could push European oil supply closer to Russia

Smoke is seen following a fire at Aramco facility in the eastern city of Abqaiq, Saudi Arabia, September 14, 2019. Stringer | Stringer Although Europe’s energy dependence on Saudi Arabia is very small, the effects of a prolonged decline in oil production could have a serious impact on European economies. The obvious impact will be the increased fuel-supply costs and the consequent effect on oil and gas prices, but the most serious political side effect could be an increase in the EU’s energy dependence from Russia. The stability of the…

Exclusive: Tinder breaks into scripted original content, wraps filming first video series – sources

MEXICO CITY / NEW YORK (Reuters) – Popular dating app Tinder has wrapped filming on its first television series, as owner Match Group Inc seeks to dive deeper into creating original content, people with direct knowledge of the project told Reuters. FILE PHOTO: The dating app Tinder is shown on an Apple iPhone in this photo illustration taken February 10, 2016. REUTERS/Mike Blake/IllustrationMaking new shows is part of a larger strategy that will be revealed in the near future, a spokeswoman told Reuters, declining to elaborate on the plans. The source familiar…

Classic sitcom ‘Seinfeld’ will head to Netflix in 2021

FILE PHOTO: Comedian Jerry Seinfeld and his wife Jessica arrive at the 68th Primetime Emmy Awards in Los Angeles, California, U.S., September 18, 2016. REUTERS/Lucy Nicholson/File PhotoLOS ANGELES (Reuters) – Netflix Inc landed the global streaming rights for classic TV sitcom “Seinfeld,” the company said on Monday, bolstering its digital catalog as it faces the loss of two popular series. “All 180 episodes of the Emmy-Award winning Seinfeld are coming to Netflix – worldwide! – starting in 2021,” Netflix said on Twitter. Netflix is poised to lose popular comedies “Friends”…

Energy stocks are having their best day of the year — Here are Wall Street’s best buys from here

Traders work on the floor at the New York Stock Exchange, June 5, 2019. Brendan McDermid | Reuters Energy stocks, one of the worst-performing sectors this year, spiked on Monday after an attack on Saudi Arabia’s heart of oil production Saturday sent oil prices soaring. The S&P Oil & Gas Production ETF jumped more than 7%, on pace for its best day of the year, while the S&P energy sector is set to move out of bear-market levels and is also on track for its best session of 2019. An…

The spike in oil prices will have to get a lot worse before it wrecks the economy

Energy prices surged Monday following some stunning developments in the Middle East, but it likely will take quite a bit more before having a broader effect on the economy. West Texas Intermediate crude briefly rose more than 11% to above $60 a barrel following the drone attack on Saudi-held oil interests, but the jump was held in check through the session amid expectations that in a worst-case scenario, the U.S. would simply open up its strategic reserve to hold back prices. Even if the shockwaves continue to reverberate from the…

Netflix snags ‘Seinfeld’ after losing key sitcoms as streaming wars heat up

Pictured: (l-r) Jerry Seinfeld, Jason Alexander, Julia Louis-Dreyfus and Michael Richards.George Lange | NBC | Getty ImagesAll 180 episodes of « Seinfeld » are coming to Netflix, the streaming platform announced Monday after striking a deal with Sony Pictures Television.The move is the latest in the streaming wars as platforms and legacy media companies jockey for the rights to popular shows, and is a major comeback for Netflix after the company lost the streaming rights to shows like « Friends » and « The Office. »Netflix will hold the global…

Google will announce its answer to iPhone 11 on Oct. 15

Google on Monday announced a press event for Oct. 15 in New York City where it’s expected to provide full details on the Pixel 4 phone, which it began teasing in June. Google typically unveils its new phones in October. In July, Google confirmed that the new Pixel 4 will let people unlock the phone by looking at it, much like Apple’s latest iPhones, and will let people interact with the display using gestures. You might be able to skip songs, for example, by swiping your hand through the air…

Google announces October 15th hardware event for Pixel 4

Google has invited media to a hardware event on October 15th in New York City. The company is expected to formally announce the Pixel 4, Pixel 4 XL, and other devices including a Pixelbook 2 and new Google Home speakers. The invite says “Come see a few new things Made by Google.” Both the Pixel 4 and Pixel 4 XL have been extensively leaked in recent weeks, with early hardware appearing in hands-on videos and a seemingly endless assortment of photos. Google’s latest phones will include a new face-scanning feature,…

Amazon reportedly tweaked its search results to promote more profitable products

Amazon changed the algorithms that power its product-search system to favor products with higher profit margins, The Wall Street Journal reported, citing sources familiar with the situation.The company adjusted its product-search system late last year so that instead of surfacing products that were best-sellers or the most relevant for consumers, it incorporated new variables mean to boost the prominence of proudcts that delivered higher profit margins. Some divisions in the company had also pressured search engineers to favor its own « private-label » products, although it’s not clear from the report…

Boris Johnson says EU has had ‘bellyful’ of Brexit process

Media playback is unsupported on your device The EU has had « a bellyful » of the Brexit process and wants to get a deal, Boris Johnson has told the BBC. He told Laura Kuenssberg it was « fed up with endless delays » and wanted to move onto the next phase of trade talks. Brexit would happen on 31 October, he insisted, despite a new law requiring an extension if there is no deal. He also accused critics of Parliament’s suspension of talking « mumbo-jumbo », saying suggestions it…

Brexit press conference goes on without Johnson

Luxembourg’s Prime Minister Xavier Bettel says the EU needs « more than just words » from the UK government if a Brexit deal is to be agreed by the 31 October deadline. Boris Johnson was scheduled to appear alongside Mr Bettel after a meeting in Luxembourg but cancelled after a group of anti-Brexit protesters heckled him nearby. Source: BBC

Common cold stopped by experimental approach

Scientists think they have found a way to stop the common cold and closely related viruses which can cause paralysis. Instead of trying to attack them directly, the researchers targeted an essential protein inside our cells which the viruses need to replicate. The approach gave « complete protection » in experiments on mice and human lung cells. However, the US-based researchers are not ready for trials in people. The common-cold challenge Tackling the common cold has been a massive problem in medicine. Most colds are caused by rhinoviruses, but there…

New security fears jeopardize Saudi Aramco’s public stock offering following attack

An Aramco employee walks near an oil tank at Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia. Ahmed Jadallah | Reuters An attack that knocked out half of Saudi Arabia’s oil production capacity has cast a shadow over the kingdom’s state oil giant Aramco and its long-awaited initial public offering, poised to be the largest in history. Saudi Aramco CEO Amin Nasser told media just last week that the mammoth company would list on the Riyadh stock exchange « very soon » as bankers from JP…

YouTube and Facebook have an illegal steroid problem, according to new report

Image Source | Getty ImagesGoogle-owned YouTube and Facebook make it easy for prospective steroid users, especially teens and young adults, to buy steroids and other drugs that enhance performance and appearance, according to a new study by two non-profits, the Taylor Hooton Foundation and Digital Citizens Alliance.After some simple searches for steroids, researchers were quickly linked to numerous suggested YouTube videos that either showed who to call to buy steroids, complete with a WhatsApp contact number, and how to use them. From there, to demonstrate how easy it is to…

Oil guru Dan Yergin: Saudi strikes would’ve been ‘more panicky’ if US output wasn’t so strong

The U.S. faces less oil-shortage risk after weekend strikes on Saudi facilities because America has been aggressively developing its own domestic resources in recent years, according to Dan Yergin, leading oil analyst and Pulitzer Prize-winning author. « If we had been where we were 10 years ago, this would have been a much more panicky situation, » the vice chairman of the IHS Markit analytics consultancy told CNBC on Monday. « Still, of course, it’s the biggest hit, the biggest disruption to world oil supplies that’s ever occurred. » The…

Oil up 10% on Saudi attacks, stockpile hopes pare early gains

LONDON/SINGAPORE (Reuters) – Oil prices surged nearly 20% at one point on Monday, with Brent crude posting its biggest intraday gain since the 1990-1991 Gulf crisis, after an attack on Saudi Arabian oil facilities at the weekend halved the kingdom’s production. FILE PHOTO: Oil pours out of a spout from Edwin Drake’s original 1859 well that launched the modern petroleum industry at the Drake Well Museum and Park in Titusville, Pennsylvania U.S., October 5, 2017. REUTERS/Brendan McDermid/File PhotoPrices retreated after U.S. President Donald Trump approved the use of his country’s…