Asian shares slip as risk appetite ebbs, dollar sulks Asian shares slip as risk appetite ebbs, dollar sulks: Asian stocks slipped on Monday as demand for riskier assets ebbed after their recent strong gains, while the European Central Bank’s apparent equanimity at the euro’s two-year highs left the dollar languishing. […]
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Oil market rebalancing to speed up in second half Oil market rebalancing to speed up in second half: OPEC’s Barkindo A rebalancing of the oil market is progressing more slowly than expected, but it will speed up in the second half of the year, OPEC’s Secretary General Mohammad Barkindo said […]
Oil gains ahead of producer meeting; Nigeria, Libya output in focus Oil gains ahead of producer meeting; Nigeria, Libya output in focus: Oil prices gained on Monday after a steep fall the session before, buoyed by expectations that a joint OPEC and non-OPEC meeting later in the day may address […]
Wall Street rises as financials lead before earnings Wall Street posted slight gains on Thursday and the Dow hit another record high close, with financials rising ahead of profit reports due Friday from several big U.S. banks. The financial index .SPSY was the best performer among the 11 major S&P […]
BlackRock supports effort to boost number of women board members BlackRock Inc (BLK.N) voted for eight proposals pushing U.S. and Canadian companies to adopt policies boosting their boards’ diversity during the most recent quarter, the world’s largest asset manager said on Thursday. BlackRock said it supported the shareholder motions to […]
U.S. farm lobby turns up heat on Trump team as NAFTA talks near With talks to renegotiate the NAFTA trade pact just weeks away, U.S. farm groups and lawmakers from rural states are intensifying lobbying of President Donald Trump’s administration with one central message: leave farming out of it. Trump […]
Cautious Fed lifts stocks to record high, investors eye earnings boost Cautious Fed lifts stocks to record high, investors eye earnings boost:- Global stocks scaled record highs on Friday, with Asian equities rising for the fifth straight session, as signs the Federal Reserve will pursue a gradual rate tightening path […]
Ant Financial refiles for U.S. approval of MoneyGram deal Ant Financial refiles for U.S. approval of MoneyGram deal:- Ant Financial, the affiliate of China’s Alibaba Group Holding Ltd (BABA.N) that agreed to buy money transfer company MoneyGram International Inc (MGI.O) for $1.2 billion, has resubmitted the deal for U.S. review, […]
U.S. EPA chief says to treat diesel emissions cheating very aggressively U.S. EPA chief says to treat diesel emissions cheating very aggressively:- U.S. Environmental Protection Agency chief Scott Pruitt said the agency must ensure Volkswagen AG’s excess diesel emissions is not repeated, and will treat improper behavior by automakers “very […]
Amazon.com on pace to break sales record for Prime Day Amazon.com Inc (AMZN.O) said on Tuesday its Prime Day sale was on track to be the biggest shopping event in its history by sales. The world’s largest online retailer said customers ordered more than three times as many Echo-family speakers […]