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Friday, January 2, 2015

Morning Digest: Oil reverses early gains, trades near $57 as supply glut prevails

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Oil reverses early gains, trades near $57 as supply glut prevails
LONDON (Reuters) - Brent crude reversed early gains to trade near $57 a barrel on Friday, as the glut of oil that has halved prices since June overshadowed investors repositioning at the start of the year for an eventual recovery..
Search teams battle rough weather in hunt for AirAsia wreck
PANGKALAN BUN/SURABAYA, Indonesia (Reuters) - Ships and aircraft criss-crossed the seas off Borneo on Friday hunting for the wreck of an Indonesia AirAsia passenger jet, but bad weather was again hindering the search for the plane and the black box flight recorders that should reveal why it crashed..
Draghi drives euro to four and a half year low
LONDON (Reuters) - The euro took another downward lurch on Friday, sinking to a 4-1/2 year low against the dollar on clear indications that the European Central Bank will soon embark on outright money-printing..
DISH Network to make 'The Interview' available on January 2
NEW YORK (Reuters) - DISH Networks Inc said on Thursday it would make "The Interview," the controversial Sony Pictures Entertainment film about the fictitious assassination of North Korean leader Kim Jong Un, available as a pay-per-view option starting on Jan 2..
Buckeyes rally and Ducks rout in college semis
(Reuters) - The Ohio State Buckeyes and Oregon Ducks earned victories in the Sugar and Rose Bowls on Thursday, booking spots in the national championship as American college football entered a new era with its first ever playoff games..
Google's Gmail blocked in China
BEIJING (Reuters) - Google Inc's Gmail was blocked in China after months of disruptions to the world's biggest email service, with an anti-censorship advocate suggesting the Great Firewall was to blame..
Indonesian frog is one of a kind - and not because of its fangs
WASHINGTON (Reuters) - Its fangs are not what makes the newly identified Indonesian frog species Limnonectes larvaepartus unique on Earth. The way it makes babies does..
Penny for her thoughts: Puppy heads home after 2,400-mile U.S. road trip
SEATTLE (Reuters) - A puppy called Penny could be reunited with her worry-stricken U.S. owners by week's end after she went on a nearly 2,400-mile road trip that took her to an Iowa truck stop and a Pennsylvania pet hospital, her family said on Tuesday..
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