Oil nears three-month high as trade hopes, UK election lift sentiment
Oil rose on Friday to its highest in nearly three months as investors cheered progress in resolving the U.S.-China trade dispute and a decisive general election result in Britain.
Oil rose on Friday to its highest in nearly three months as investors cheered progress in resolving the U.S.-China trade dispute and a decisive general election result in Britain.
Stock markets and sterling gained on Friday as U.S.-China trade hopes and an election win for Britain's Brexit-backing Conservative Party cleared two of the clouds on the global investment horizon.
U.S. retail sales increased less than expected in November as Americans cut back on discretionary spending, which could see economists dialing back economic growth forecasts for the fourth quarter.
U.S. import prices rebounded modestly in November and the underlying trend remained soft, consistent with subdued imported inflation pressures.
Daimler is very positive about the prospects for selling luxury cars in China next year, the company's China boss Hubertus Troska said on Friday.
China will give a news briefing at 1030 pm local time (1430 GMT) on the state of trade discussions with the United States, the State Council Information Office said on Friday.
U.S. chipmaker Nvidia has not offered any concessions to EU antitrust regulators examining its $6.8 billion bid for Mellanox Technologies , the European Commission website showed on Friday.
Mothercare Plc said on Friday it had agreed to supply baby care and other products exclusively to Boots UK stores, keeping its goods on British shelves after the collapse of its retail network in its home market.
President Donald Trump on Friday said a Wall Street Journal story on a U.S. trade deal with China is completely wrong.
Ford Motor Co said on Friday it would recall 547,538 of its Ford Super Duty pickup trucks across the United States, Canada and Mexico, citing the risk of a post-crash interior fire.
U.S. retail sales increased less than expected in November as Americans cut back on discretionary spending despite a strong labor market, raising fears of a much faster slowdown in fourth-quarter economic growth than currently anticipated.
Hundreds of thousands of investors trapped in the former flagship fund of veteran money manager Neil Woodford should get just over half their money back in January, but may have to wait some time to recover more from the collapsed business.
Pioneer of the streaming service industry, Netflix is the best performing stock of the decade, returning a whopping 3,726% in 10 years.
Sunday is the deadline for a trade deal to prevent President Trump's new U.S. tariffs on China from taking effect.
Experts say there are some key steps you should take right off the bat to protect your windfall.