Oil up as OPEC-led supply cuts support, Cushing draws down
NEW YORK (Reuters) – Oil prices edged up on Monday, supported by the prospect of prolonged OPEC-led oil supply curbs…
Ride-hailing firm Lyft launches IPO road show in Uber’s shadow
(Reuters) – Lyft Inc kicked off the investor road show for its initial public offering on Monday, targeting a valuation…
Boeing 737 MAX jets could be grounded for weeks as black box probe to start on Ethiopia crash
WASHINGTON/PARIS (Reuters) – Boeing Co’s 737 MAX 8 and 9 planes will be grounded for weeks if not longer until…
Oil edges higher on cuts to Saudi exports
NEW YORK (Reuters) – Oil prices edged higher on Tuesday, supported by signs of tightening global supply after a Saudi…
EU suspends Boeing 737 MAX flights, U.S. senators suggest similar move
ADDIS ABABA/PARIS (Reuters) – The European Union’s aviation safety regulator on Tuesday suspended all flights in the bloc by Boeing…
Oil prices rise amid broad market rally, OPEC supply cuts
SINGAPORE (Reuters) – Oil prices rose on Tuesday, lifted by healthy demand and output cuts led by producer group OPEC.…
U.S. shares falter, investors await U.S.-China trade deal
NEW YORK (Reuters) – U.S. stock indexes closed lower while the dollar edged higher on Monday, as investors appeared to…
Will $14.5 billion plug GE’s long-term care insurance hole? Some experts say ‘No’
NEW YORK (Reuters) – General Electric Co is setting aside one of the largest amounts ever to cover potential losses…
U.S., China sprint to seal deal ahead of Trump’s deadline
WASHINGTON (Reuters) – U.S. and Chinese negotiators met for over seven hours on Saturday to resolve their trade dispute and…
Oil prices dip as U.S. crude output hits record 12 million barrels per day
SINGAPORE (Reuters) – Oil prices fell on Friday after the United States reported its crude output hit a record 12…
Venezuela turns to India as sanctions cut oil flow to U.S., Europe
HOUSTON/MEXICO CITY/MOSCOW (Reuters) – Venezuela’s oil exports have tapered off and shifted toward India since new U.S. sanctions began Jan.…
Oil rises on OPEC cuts, U.S. sanctions on Iran and Venezuela
SINGAPORE (Reuters) – Oil prices rose on Tuesday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, although…
U.S. factory orders fall; core capital goods unrevised
WASHINGTON (Reuters) – New orders for U.S.-made goods unexpectedly fell in November amid sharp declines in demand for machinery and…
Take Five: Dogs and Pigs – World markets themes for the week ahead
(Reuters) – Following are five big themes likely to dominate the thinking of investors and traders in the coming week…
World stocks post best January on record, yields fall
NEW YORK (Reuters) – Global equity markets mostly rose on Thursday, fueled by upbeat Facebook earnings and the Federal Reserve’s…
Oil tumbles 4 percent on growing U.S. supply, China trade worries
NEW YORK (Reuters) – Oil fell more than 3 percent on Monday, heading for its biggest one-day percentage drop in…
U.S. consumer morale at two-year low; factory output surges
WASHINGTON (Reuters) – U.S. consumer sentiment tumbled in early January to its lowest level since President Donald Trump’s was elected…
Sterling up after May wins confidence vote; stocks climb
NEW YORK (Reuters) – Major world stock indexes rose on Wednesday, with the S&P 500 supported by sharply higher U.S.…
Upbeat employment report underscores U.S. economic strength
WASHINGTON (Reuters) – U.S. employers hired the most workers in 10 months in December while boosting wages, pointing to sustained…
U.S. third-quarter growth trimmed; business spending slowing
WASHINGTON (Reuters) – The U.S. economy slowed slightly more than previously estimated in the third quarter and momentum appears to…
In major shift, U.S. now exports more oil than it ships in
(Reuters) – The United States last week exported more crude oil and fuel than it imported for the first time…
Oil rises after Russia leans towards output cut
NEW YORK (Reuters) – Oil reversed course and rose as much as 3 percent on Thursday, after industry sources said…
Unilever CEO retires after headquarters row, replaced by insider Jope
LONDON (Reuters) – Unilever’s (ULVR.L) Chief Executive Paul Polman will step down next month after 10 years in the job,…
China orders halt to gene-editing after outcry over babies
SHANGHAI (Reuters) – The Chinese government on Thursday ordered a temporary halt to research activities for people involved in the…
Oil weighed down by record Saudi output; markets eye G20, OPEC meetings
SINGAPORE (Reuters) – Record Saudi oil production pulled down crude prices on Tuesday amid cautious trading ahead of the G20…
Investors caught in crossfire of fight for holiday shoppers
NEW YORK (Reuters) – Investors would normally be thankful for a strong U.S. economy, yet this holiday season they worry…
U.S. regulators snip red tape for medical devices to curb opioid crisis
(Reuters) – Laura Perryman expected her medical company, Stimwave Technologies Inc, would have to wait several years for its painkilling…
Spenders or thrifters: As Singles’ Day nears, are China’s shoppers about to drop?
SHANGHAI (Reuters) – China is gearing up for the biggest shopping event of the year on Sunday, a day dominated…
Oil rally faces tidal wave of supply
(Reuters) – The oil market’s two-year bull run is running into one of its biggest tests in months, facing a…
Forget gridlock, Republican win may be better for stocks
SAN FRANCISCO (Reuters) – U.S. President Donald Trump has warned that his favorite measure of success, the stock market, is…
China’s Dabeinong reports suspected African swine fever case on related farm: media
BEIJING (Reuters) – One of China’s top animal feed producers said on Tuesday an affiliated firm has culled nearly 20,000…
Unwelcome guest: U.S. tariffs loom at China’s biggest trade fair
BEIJING (Reuters) – Amid gathering gloom over the state of the Chinese economy, exporters of motorcycles, tractors, photocopiers and Christmas…
China echoes IMF pledges to avoid using currency as trade war tool
NUSA DUA, Indonesia (Reuters) – China’s top central banker on Saturday pledged to keep the yuan currency’s value “broadly stable,”…
IMF members pledge to avoid using currencies as trade weapon
NUSA DUA, Indonesia (Reuters) – The International Monetary Fund said on Saturday its members pledged to refrain from competitive currency…
Strong U.S. job growth expected in September; wages seen rising
WASHINGTON (Reuters) – The U.S. economy likely created jobs at a brisk clip in September, with the unemployment rate probably…
Oil near four-year high as Washington’s Iran sanctions loom
SINGAPORE (Reuters) – Oil markets were firm on Tuesday, with Brent crude holding near four-year highs reached the previous day…
Canadian dollar, stocks rise as NAFTA salvaged
LONDON (Reuters) – Optimism about a reconstituted free trade agreement among the United States, Canada and Mexico and what it…
U.S. new home sales rebound in August, but trend softening
WASHINGTON (Reuters) – Sales of new U.S. single-family homes rebounded in August after two straight monthly declines, but the underlying…
What sector overhaul means for tech stocks, Wall Street
NEW YORK (Reuters) – The most significant changes to Wall Street’s broad industry sectors since 1999 will take effect Monday,…
Oil mixed as China tariff talk scotches early rally
NEW YORK (Reuters) – Oil prices pulled back on Friday on concerns additional U.S. tariffs would be placed on Chinese…
Take Five: World markets themes for the week ahead
LONDON (Reuters) – Following are five big themes likely to dominate the thinking of investors and traders in the coming…
Oil prices rise on declining U.S. crude stockpiles, looming Iran sanctions
SINGAPORE (Reuters) – Oil prices rose on Wednesday following a report of declines in U.S. crude inventories and as looming…
Oil up as U.S. drilling stalls, Iranian sanctions bite
LONDON (Reuters) – Oil prices rose on Monday as U.S. drilling stalled and investors anticipated lower supply once new U.S.…
Oil climbs as U.S. drilling stalls, Washington sanctions against Iran loom
SINGAPORE (Reuters) – Oil prices rose on Monday as U.S. drilling for new production stalled and as the market eyed…
China’s record trade surplus with U.S. adds fuel to trade war fire
BEIJING (Reuters) – China’s trade surplus with the United States widened to a record in August even as the country’s…
U.S. oil prices rise as Gulf oil rigs evacuated ahead of hurricane
SINGAPORE (Reuters) – U.S. oil prices rose on Tuesday, breaking past $70 per barrel, after two Gulf of Mexico oil…
Oil prices higher as U.S. sanctions limit Iran exports
LONDON (Reuters) – Oil prices rose on Monday, supported by concerns that falling Iranian output will tighten markets once U.S.…
Oil falls on rising output from OPEC and United States
SINGAPORE (Reuters) – Oil prices fell on Monday amid rising supply from OPEC and the United States, outweighing concerns that…
World stock index at highest in over five months on trade deal
NEW YORK (Reuters) – An index of major world stock markets rose to its highest level in more than five…
These Animals All Secretly Like Drugs (HBO)
4/20 is the day when people who like to get high defy federal laws against getting high by getting… extra…
Exclusive: Trump demands Fed help on economy, complains about interest rate rises
WASHINGTON (Reuters) – U.S. President Donald Trump said on Monday he was “not thrilled” with the Federal Reserve under his…
Turkish lira’s free-fall rocks equity markets, euro falls
NEW YORK/LONDON (Reuters) – A plunge in the Turkish lira rocked global equities and emerging markets on Friday and fear…
Trade war threatens reign of luxury stocks
LONDON/PARIS (Reuters) – An escalating trade war between the United States and China could abruptly end a glittering stock market…
IKEA strives to keep prices low as opens first store in India
HYDERABAD (Reuters) – IKEA will set some prices even lower in India than elsewhere when it opens its first store…
Global stocks lift on strong earnings as trade fight caps gains; sterling slumps
NEW YORK (Reuters) – Stock markets lifted on Monday after strong corporate earnings helped Wall Street close higher, but a…