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Walt Disney Co is also jumping into the streaming war with Disney+, a streaming service armed with the entire library of Walt Disney Studios’ theatrical releases and Disney-branded television shows as well as new, exclusive content. Dsney has also suggested it could bundle Disney+ with ESPN+ and Hulu, of which it owns a majority stake after its acquisition of 21st Century Fox assets. Apple TV+ will be competing in the children’s programing space with new programing in partnership with the Sesame Street Workshop.

NEW YORK (Reuters) - Oil prices vintage cufflinks and studs were mixed on Monday, as concerns about a slowdown in global economic growth lingered, offset by the prospect of tighter U.S, crude supply, Brent crude oil futures settled at $67.21 a barrel, up 18 cents, while U.S, crude fell to $58.82 a barrel, down 22 cents, “Some of the weakness we saw earlier was related to the reawakening of concerns surrounding demand growth,” said Gene McGillian, vice president of market research at Tradition Energy in Stamford, Connecticut..

The market is now looking ahead to weekly data on U.S. crude inventories, McGillian said, beginning with Tuesday’s report from the American Petroleum Institute, an industry group, followed by U.S. Energy Information Administration figures on Wednesday. [API/S]. “If we see another week of inventory numbers like we saw last week that could restart the rally,” he said. The latest data is expected to show U.S. crude inventories falling for a third straight week, after having declined by nearly 10 million barrels the prior week on a near-record week for exports. [EIA/S].

“We expect U.S, crude balances to see some additional tightening as crude exports vintage cufflinks and studs remain sharply elevated and imports are likely downsized,” Jim Ritterbusch, president of Ritterbusch and Associates, said in a note, “(But) we see a reduction in the rate of global oil demand growth as becoming a larger price influencer during the next few weeks,” Ritterbusch said, Oil prices took a hit last week after cautious remarks by the U.S, Federal Reserve and weak factory data from the United States, Europe and Asia led to the inversion of the U.S, Treasury yield curve for the first time since 2007..

Three-month Treasury bills currently yield more than 10-year notes. An inverted yield curve, where long-term rates fall below short-term ones, has historically pointed to a looming recession, as it reflects investor belief in greater short-term risk. Chicago Federal Reserve Bank President Charles Evans on Monday said it was understandable for markets to be nervous when the yield curve flattens, but he was still confident about the U.S. economic growth outlook. An improved index on Germany’s business climate dispelled some recession concerns that flared after manufacturing output from Europe’s biggest economy shrank for the third straight month.

(Reuters) - Apple Inc on Monday launched streaming and video game services, looking to tap into 1.4 billion users of its gadgets to counter slowing demand for its iPhones, At a special event held at the Steve Jobs Theater at its Cupertino, California headquarters, the company also unveiled News Plus subscription service and a credit card, Television, ** Apple unveils ‘all New’ TV vintage cufflinks and studs app, ** App to include streaming services Amazon Prime Video, Hulu and PlayStation Vue, ** Will feature shows from HBO, Showtime and Starz in “Apple TV Channels”..

** Users can buy or rent movies on Apple TV. ** Apple TV app will be available as a software update in May, including Apple TV channels. ** Apple TV app will be available on Macs as well as televisions from Sony, LG and Vizio and devices from Roku and Amazon FireTV. ** Apple TV app To be available in more than 100 countries. ** Apple TV+ will be an ad-free subscription service, on-demand with everything downloadable for offline viewing. ** Apple TV+ comes out this fall but the company shared no details on pricing.

** Launches “Apple Arcade” service with game developers, ** “Apple Arcade” to work on mobile devices, desktop computers and TVs, ** Apple working with Walt vintage cufflinks and studs Disney Co, SEGA Games and Annapurna Interactive on new games, ** Service to feature more than 100 new games exclusive to Apple’s mobile platform and subscription service, ** Games can be accessed through tab in App Store and will work on iPad, Mac and Apple TV, also available for offline play, ** To feature content from 300 publications, including the National Geographic, the People, the Popular Science, the Billboard and The New Yorker..



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