New York, July 28 : Oil prices dropped on Wednesday as government data showed US crude stockpiles gained unexpectedly, deepening market concerns on oversupply.
The West Texas Intermediate for September delivery lost $1.00 to settle at $41.92 a barrel on the New York Mercantile Exchange, while Brent crude for September delivery erased $1.40 to close at $43.47 a barrel on the London ICE Futures Exchange, Xinhua news agency reported.
The Energy Information Administration (EIA) said in its weekly report on Wednesday that US oil inventories rose 1.7 million barrels last week to 521.1 million barrels, ending a 7-week streak of declines and beating market consensus of a 2.3-million barrels decrease.
Philadelphia, July 28 : US Vice President Joe Biden in a speech at the ongoing Democratic National Convention (DNC) warned over electing Republican presidential nominee Donald Trump, saying the real estate mogul has "no clue" about the needs and struggles of the middle class.
"This guy does not have a clue about the middle class. Not a clue," NBC News quoted Biden as saying on Wednesday night on the second day of the DNC here.
"His cynicism is unbounded, his lack of empathy and compassion can be summed up in a phrase I suspect he's most proud of having made famous, 'You're fired!' Think about that," the Vice President said.
"He's trying to tell us he cares about the middle class, give me a break. That's a bunch of malarkey," Biden added.
New York, July 28 : Continuing its action against military and media institutions after the failed coup attempt, the Turkish government has shut down 45 newspapers, 16 television stations and three news agencies amid the state of emergency.
Nearly 1,700 soldiers, including 87 generals, have also been discharged from their duties, reports CNN.
Turkish President Recep Tayyip Erdogan had earlier said that actions were being taken to remove the "threat" raised during the attempt.
Since then officials have fired or suspended tens of thousands.
Turkey's top broadcasting authority last week revoked the licenses for two dozen radio and television companies that it said are linked to Fethullah Gulen, whom Turkish leaders blame for masterminding the coup.
Philadelphia, July 28 : Virginia Senator Tim Kaine on Wednesday night officially accepted the Vice Presidential nomination on the second day of the ongoing Democratic National Convention (DNC).
"I humbly accept my party's nomination to be Vice President of the US....And can I be honest about something? I never expected to be here," NBC News quoted Kaine as saying.
A day after making Hillary Clinton the first female major party presidential candidate in US history, delegates to the DNC approved her Vice President pick by voice vote in a departure from the usual protocol.
Amid a mix of applause and protests, the chair declared the motion approved with the support of two-thirds of the 4,763 delegates, EFE news reported.
Philadelphia, July 28 : "There has never been a man or a woman, not me, not Bill (Clinton), more qualified to be president", declared US President Barack Obama while endorsing Hillary Clinton for the Democratic Party's presidential nomination on Wednesday night.
Making a surprise appearance at the ongoing Democratic National Convention here, Obama praised his one-time rival, Clinton, whom he defeated eight years ago, as the candidate who could accomplish all that needs yet to be done.
He proudly listed his achievements and said more was needed to be accomplished and Hillary Clinton was the leader to do it.
Washington, July 28 : US President Barack Obama has said there was a possibility of Republican Party nominee Donald Trump becoming his successor and warned that the real-estate magnate lacks a basic knowledge of the world and "doesn't seem to have an interest in learning".
"Anything is possible," Efe news quoted Obama as telling The Today Show's Savannah Guthrie when asked if Trump could be elected in November.
"What I think is scary is a President who doesn't know their stuff and doesn't seem to have an interest in learning what they don't know," the head of state said in the interview that NBC aired on Wednesday morning.
Washington, July 27 : As the sales of Apple iPhones went through a global slowdown except in India, the Cupertino-based tech giant's CEO Tim Cook has announced to soon open retail stores in the country - a move that brings to the fore the fact how important the Indian smartphone market has finally become for Apple.
Apple's third-quarter net income plunged 27 per cent to $7.8 billion on a decline of iPhone sales. It sold 40.4 million iPhones in the quarter, compared with 47.5 million in the same period of 2015.
But sales of the Apple devices in India rose 51 per cent in the last three quarters compared with a year earlier, Cook said on Tuesday.
Philadelphia, Jul 27 : Republican presidential nominee Donald Trump has already damaged US' national security as he has undermined the fight against ISIS by alienating Muslim partners and weakened America's standing in the world, former secretary of state Madeline Albright said here today.
Noting that safeguarding freedom and security is not like hosting a TV reality show, Albright, 79, said it demanded not only a cool head, but also a big heart.
Washington, July 27 : Making history, Hillary Clinton on Tuesday secured the Democratic Party's U.S. presidential nomination for the US Presidential polls.
She has become the first woman to get the ticket for the polls from a major party in the country.
She will accept the nomination on Thursday.
Endorsing his wife, former US President Bill Clinton said: She is the best qualified person for this moment in history.
Remembering her,Clinton said: In the spring of 1971 I met a girl. The first time I saw her we were in a class on Political and Civil Rights.
I married my best friend. I was still in awe ofhow smart and strong and loving and caring she was, he said.
He said Hillary opened his eyes to a whole new world of public service.
Los Angeles, Jul 27 - Singer Ariana Grande and Rickey Alvarez have called it quits after a year.
The 23-year-old "Dangerous Woman" hitmaker is "happy to be single," reported E! online.
"She broke up with him. He didn't cheat or anything, they just found it difficult to make it work. They are still friends though," a source said.
Grande and the 25-year-old backup dancer were first linked last summer, after they were seen making out.
The singer recently deleted all of her photos with Alvarez from her Instagram account.
Philadelphia, July 27 : Delivering a keynote speech at the Democratic National Convention, former United States (U.S.) president Bill Clinton said his wife and Democratic U.S. Presidential candidate Hillary Clinton is the 'best darn change-maker' he ever met in his entire life and has never been satisfied with the status quo on anything and who always wants to move the ball forward.
Philadelphia, July 26 : Vermont Senator Bernie Sanders was booed by his own delegates after calling on them to support presumptive presidential nominee Hillary Clinton on the opening day of a Democratic National Convention (DNC) here on Monday evening.
Sanders lamented his 2016 primary loss but insisted that "Hillary Clinton must become the next president of the US", NBC News reported.
"This election is about which candidate understands the real problems facing this country and has offered real solutions - not just bombast, fear-mongering, name-calling and divisiveness," Politico quoted Sanders as saying.
Washington, July 26 : The US Republican Presidential nominee Donald Trump has come out of his convention ahead of Hillary Clinton in the race for the White House, topping her 44 per cent to 39 per cent in a four-way matchup including Gary Johnson (nine per cent) and Jill Stein (three per cent) and by three points in a two-way head-to-head, 48 per cent to 45 per cent, a media report said.
That latter finding represents a six-point convention bounce for Trump, which were traditionally measured in two-way matchups, CNN reported on Monday.
Trump's new edge rests largely on increased support among independents, 43 per cent of whom said that Trump's convention in Cleveland left them more likely to back him, while 41 per cent were dissuaded.
California, July 26 : Verizon Communications Inc. and Yahoo! Inc. on Monday announce they have entered into a definitive agreement under which Verizon will acquire Yahoo's operating business for approximately $4.83 billion in cash, subject to customary closing adjustments.
Yahoo informs, connects and entertains a global audience of more than 1 billion monthly active users** -- including 600 million monthly active mobile users*** through its search, communications and digital content products. Yahoo also connects advertisers with target audiences through a streamlined advertising technology stack that combines the power of their data, content and technology.
Philadelphia, July 26 : Former Democratic Presidential hopeful Bernie Sanders drew loud "boos" from his delegates when he told the crowd of nearly 1,900 that "We have got to elect Hillary Clinton," a media report said.
The eruption came during a speech on Monday in which Sanders was cheered for nearly every point he made -- including his call to defeat the US Republican Presidential nominee Donald Trump, USA today reported.
"This is the real world that we live in," he said, following up his call to elect Clinton.
"Trump is a bully and a demagogue. Trump has made bigotry and hatred the cornerstone of his campaign," he added.
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