Firmer oil still set for heavy weekly loss on demand worries
Oil prices rose on Friday but remained on track for a second consecutive weekly loss after sliding on fears that slower global economic growth would hurt energy demand.
Oil prices rose on Friday but remained on track for a second consecutive weekly loss after sliding on fears that slower global economic growth would hurt energy demand.
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BP Chief Executive Bob Dudley's decade at the helm of one of the world's biggest oil companies almost didn't happen.
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U.S. stocks opened higher on Friday after data showed a moderate increase in job growth in September, with the unemployment rate dropping to a 50-year low, easing worries of a sharp slowdown in the world's largest economy.
U.S. job growth increased moderately in September, with the unemployment rate dropping to near a 50-year low of 3.5%, assuaging financial market concerns that the slowing economy was on the brink of a recession amid lingering trade tensions.
The U.S. Chamber of Commerce, other business groups and companies including Amazon.com Inc and Alphabet Inc's Google have filed a brief at the U.S. Supreme Court opposing President Donald Trump's effort to end a program that protects from deportation hundreds of thousands of immigrants who were brought into the United States illegally as children.
U.S. job growth increased moderately in September, with the unemployment rate dropping to near a 50-year low of 3.5%, which could assuage financial market concerns that the slowing economy was on the brink of a recession amid lingering trade tensions.
The top analyst on General Electric sounded the alarm on Friday
President Donald Trump has hailed a ruling by the World Trade Organization (WTO) that gives the United States the right to hit Europe with tariffs, but his new-found satisfaction with the WTO's rules-based approach is expected to prove short-lived.
As volatility erupted everywhere amid fears of a recession, Goldman Sachs is advising clients to stick with stocks with stable earnings growth.
Amid concerns about a manufacturing slowdown, the sector is facing a growing skills gap that is leaving hundreds of thousands of positions open.
U.S. stocks rose on Friday as moderate jobs growth in September offered some relief from a spate of dismal economic data this week that has rankled markets and fueled concerns that the United States was sliding into a recession.
Thomson Reuters Corp said on Friday it had acquired events company FC Business Intelligence (FCBI) to tap into the fast growing sector and help further promote its Reuters News brand.
EU antitrust regulators will this month order U.S. chipmaker Broadcom to scrap its exclusivity clauses with TV and modem makers while they investigate whether this and other tactics hamper rivals, a person familiar with the matter said on Friday.