Oil prices fall on bloated U.S. market, but other regions tighten Oil prices fell on Thursday as record U.S. crude inventories underscored that markets remain bloated, although traders said there were signs that other regions were gradually tightening. Brent crude futures were at $54.09 per barrel at 0530 GMT, down […]
United States
For Trump, Mar-a-Lago is place to break the ice with China Xi For Trump, Mar-a-Lago is place to break the ice with China Xi:- U.S. President Donald Trump has told visitors that his Mar-a-Lago retreat is set up perfectly for foreign visits, but the Chinese side was initially hesitant when word came […]
Asia demand, hedging boosts trading in forward U.S. oil contracts Asia demand, hedging boosts trading in forward U.S. oil contracts:- Trading volumes and open interest in U.S. crude futures soared in 2016, particularly among buyers out of Asia and shale companies locking in output, both of whom have shown an […]
Turkish warplanes strike Kurdish militants, eight killed Turkish warplanes strike Kurdish militants, eight killed:- Turkish F-16 warplanes launched air strikes on Kurdish militants in southeast Turkey on Wednesday, killing eight of the Kurdistan Workers Party (PKK) fighters, a provincial governor's office said. PKK militants had opened fire on Turkish soldiers at […]
JPMorgan softens tone on Brexit jobs warning JPMorgan softens tone on Brexit jobs warning:- The head of U.S. bank JPMorgan Chase (JPM.N) said on Tuesday the bank is not planning to move many jobs out of Britain in the next two years in a softening of tone on the likely […]
Toshiba Westinghouse replaced chairman two days before bankruptcy filing Toshiba Westinghouse replaced chairman two days before bankruptcy filing:- Westinghouse Electric Co replaced its chairman two days before the U.S. nuclear construction unit of Japan's Toshiba Corp (6502.T) filed for bankruptcy last week, as it tries to draw a line under the travails […]
China holds up Asia stocks, oil gains on North Sea outage China holds up Asia stocks, oil gains on North Sea outage:- Asian stocks edged up on Wednesday, helped by a bounce in Chinese shares, though investors held off from making big bets before a highly-anticipated summit between U.S. President Donald Trump […]
GM remains most valuable U.S. car company, Tesla is No. 2 GM remains most valuable U.S. car company, Tesla is No. 2:- Tesla Inc (TSLA.O), whose market capitalization passed that of Ford Motor Co (F.N) on Monday, still trailed General Motors Co (GM.N) as the most valuable U.S. auto firm […]
Embraer, Rockwell Collins to combine products for defense sales U.S. aviation electronics maker Rockwell Collins Inc (COL.N) and Brazilian planemaker Embraer SA (EMBR3.SA) agreed on Tuesday to work on integrating their remote sensing, targeting and communications portfolios for joint defense sales. The announcement at the LAAD defense expo in Rio […]
New York top court rejects Facebook search warrant challenge New York state's highest court on Tuesday rejected Facebook Inc's (FB.O) challenge to 381 search warrants to uncover suspected widespread Social Security disability fraud by its customers. By a 5-1 vote, the Court of Appeals said it lacked jurisdiction to hear Facebook's […]
