Search Results for: BP
Oil steady following a 3 percent jump in prices on Friday
August 21st, 2017
Oil steady as market conditions tighten despite rising U.S. output Oil markets were stable on Monday, largely holding on to Friday’s big gains even though rising U.S. output weighed on hopes the market will tighten after a 13 percent ...
Oil prices dipped amid broader market selloff
August 18th, 2017
Oil prices dipped on Friday as part of a broad-based selloff across markets and despite signs that crude markets are gradually tightening. Brent crude futures, LCOc1 the international benchmark for oil prices, were at $50.99 per barrel at 0520 ...
Investors sell stocks, dollar on fears Trump agenda is foundering
August 18th, 2017
SINGAPORE (Reuters) – Asian stock investors joined a global retreat from riskier assets on Friday and the dollar wavered on growing doubts about U.S. President Donald Trump’s ability to deliver his economic agenda. Powered by WPeMatico
On sidelines of trade talks, businesses tout NAFTA’s benefits
August 18th, 2017
WASHINGTON (Reuters) – Steps away from this week’s NAFTA trade negotiations, business unified in hopes of sending a singular message: do no harm. Powered by WPeMatico
Former Uber CEO says investor lawsuit a ‘public and personal attack’
August 18th, 2017
SAN FRANCISCO (Reuters) – The ousted chief executive officer of Uber Technologies Inc called a lawsuit filed against him by one of the company’s top investors a “public and personal attack” without merit, according to court documents filed late ...
U.S. jobless claims drop to near six-month low
August 17th, 2017
WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits fell to near a six-month low last week, pointing to a further tightening in the labor market that could encourage the Federal Reserve to lay out a plan ...
Trump policy doubts, weak inflation to weigh on Wall Street
August 17th, 2017
(Reuters) – Wall Street was set to open lower on Thursday as minutes from the Federal Reserve’s July meeting showed growing concerns over weak inflation, while investors worried about President Donald Trump’s ability to pursue his pro-growth policies. Powered ...
Lufthansa in talks to buy most of Air Berlin planes: media
August 17th, 2017
FRANKFURT (Reuters) – Germany’s Lufthansa is in talks to buy a majority of insolvent Air Berlin’s aircraft, with the backing of Berlin, which is pushing for a national aviation champion, media reports said on Thursday. Powered by WPeMatico
Wisconsin lawmakers debate billions in incentives for Foxconn plant
August 17th, 2017
(Reuters) – The Wisconsin State Assembly on Thursday will consider a $3 billion incentive package for a proposed liquid-crystal display factory by Taiwan’s Foxconn, the first vote on the deal by a chamber of the state’s Republican-controlled legislature. Powered ...
Wal-Mart’s margins fall on price cuts, spending on e-commerce
August 17th, 2017
CHICAGO (Reuters) – Wal-Mart Stores Inc on Thursday reported lower quarterly margins after it cut prices and invested heavily on expanding its e-commerce operations, and its shares fell nearly 3 percent. Powered by WPeMatico
