US crude oil posts longest losing streak in over 34 years, falling for 10th day

US crude oil posts longest losing streak in over 34 years, falling for 10th day

U.S. crude prices fell Friday for a 10th consecutive session, sinking deeper into bear market territory and wiping out the benchmark’s gains for the year. The 10-day decline is the longest losing streak for U.S. crude since mid-1984, according to Refinitiv data. Crude futures fell for a fifth straight week as growing output from key producers and a deteriorating outlook for oil demand deepen a sell-off spurred by October’s broader market plunge. The drop marks a stunning reversal from last month, when oil prices hit nearly four-year highs as the…

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Facebook Posts May Offer Insight Into Mental Illness

Facebook Posts May Offer Insight Into Mental Illness

Your Facebook status updates, ‘likes’ and even photos could help researchers better understand mental health disorders, a new study says. Social networks may even be used in future to treat mental illness, particularly among young people, the researchers said. “Facebook is hugely popular and could provide us with a wealth of data to improve our knowledge of mental health disorders such as depression and schizophrenia,” said the study’s lead-author Becky Inkster from University of Cambridge. Over a billion people worldwide use Facebook daily – one in seven of the global…

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Nokia Posts Falling community sales, Lifts price-Saving objectives

Nokia Posts Falling community sales, Lifts price-Saving objectives

Nokia’s net sales of telecoms equipment fell more than anticipated in the first quarter because the Finnish employer warned on Tuesday that income in its mainstay enterprise might decline this 12 months due to slowing call for in China. In its first unified profits record on account that taking control of rival Alcatel-Lucent in January, Nokia also nudged up its value-slicing goal for the merger, pronouncing it was now in search of financial savings of “above” EUR 900 million (more or less Rs. 6,828 crores) in the path of 2018,…

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