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. […]
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 […]
U.S. fines American, Delta, Frontier for consumer rule violations U.S. fines American, Delta, Frontier for consumer rule violations: Frontier Airlines, American Airlines and Delta Air Lines have been fined for violating U.S. Transportation Department airline consumer protection rules, the department said on Friday. Frontier Airlines was fined $400,000 for violating […]
GE shares fall as profit slumps, investors await new CEO’s targets GE shares fall as profit slumps, investors await new CEO’s targets: General Electric Co’s (GE.N) shares dropped sharply on Friday after it posted a 59-percent decline in second-quarter profit and put off an expected cut to 2018 earnings targets […]
After false dawn, Big Oil to double down on cost cuts After false dawn, Big Oil to double down on cost cuts: After a brief respite at the start of the year, the world’s top oil and gas companies are set to double down on cost cutting as a recovery […]
Small-cap rally could shrink on earnings Small-cap rally could shrink on earnings, tax reform hurdles: Optimism is souring around small-cap stocks for some investors, with a host of factors conspiring to up-end gains that have taken them to record highs. Small-caps, which led the market’s rally just after […]
Oil settles down after early rally lifts Brent past $50 Oil settles down after early rally lifts Brent past $50: Oil settled lower on Thursday in choppy trading, as nagging worries about abundant global crude supplies sank prices after an early rally boosted Brent above $50 per barrel for the […]
Euro soars after Draghi comments, world shares up again Euro soars after Draghi comments, world shares up again: The euro strengthened to its highest level in nearly two years against the U.S. dollar on Thursday after Europe’s central bank chief said officials would discuss possible changes to its bond-buying scheme […]
U.S. attempt to limit Wall Street bonuses fizzles out quietly The regulatory agenda released by the Trump administration on Thursday contained a signal that the U.S. government has halted its work on restricting Wall Street executives’ bonuses and other pay incentives. The 2010 Dodd-Frank Wall Street reform law called for […]
