The Gulf Intelligence
  • HOUSTON (Reuters) - Surging shale production is poised to push U.S. oil output to more than 10 million barrels per day - toppling a record set in 1970 and crossing a threshold few could have imagined even a decade ago.

  • Dow briefly tops 26,000 mark

    Tue, 16 Jan 2018 11:37:28 -0500

    (Reuters) - The Dow eased slightly after hitting the 26,000 mark for the first time on Tuesday, as earnings season got off to a strong start following upbeat results from UnitedHealth and Citigroup.

  • WASHINGTON (Reuters) - President Donald Trump's former chief strategist Steve Bannon will meet behind closed doors on Tuesday with a U.S. House of Representatives committee that is probing whether Russia meddled in the 2016 presidential election.

  • WASHINGTON (Reuters) - Deporting immigrants who came to the United States illegally as children will not be a top federal law enforcement priority even if lawmakers do not pass a program to protect them, the U.S. Department of Homeland Security chief said in an interview aired on Tuesday.

  • (Reuters) - Citigroup Inc posted an $18-billion quarterly loss on Tuesday because of charges related to a new U.S. tax law, but its adjusted earnings beat Wall Street expectations and management signaled that the bank may soon lift financial performance targets.

  • WASHINGTON (Reuters) - U.S. lawmakers are urging AT&T Inc, the No. 2 wireless carrier, to cut commercial ties to Chinese phone maker Huawei Technologies Co Ltd and oppose plans by telecom operator China Mobile Ltd to enter the U.S. market because of national security concerns, two congressional aides said.

  • (Reuters) - Former New Mexico governor Bill Richardson said on Monday he would work toward securing the release of two Reuters journalists arrested in Myanmar in his capacity as a member of an international advisory board on the crisis in Rakhine state.

  • (Reuters) - General Electric Co again raised the prospect of breaking up the conglomerate on Tuesday as it announced more than $11 billion in charges from its long-term care insurance portfolio and new U.S. tax laws.

  • VANCOUVER (Reuters) - A meeting of states that backed South Korea in the Korean war will look at ways to better implement sanctions to push North Korea to abandon its nuclear weapons, officials said, even as the North and South explore detente ahead of next month's Winter Olympics.

  • PERRIS, Calif. (Reuters) - The 13 California siblings who police said were starved and chained to beds by their parents rarely left their disheveled house and, when they did, appeared small and pale and acted strangely, neighbors said.