Year: 2018

(Reuters) – The S&P 500 index and the Dow Jones Industrial Average were slightly lower on Friday as a steep drop in oil prices pressured energy stocks.

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BOSTON (Reuters) – Billionaire investor Carl Icahn said on Friday that he sold some of his shares in Herbalife as the nutrition and weight loss company bought back some of its own shares because the position had become too within Icahn’s portfolio.

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(Reuters) – U.S. stocks opened slightly lower on Friday following a steep drop in oil prices and disappointing corporate results that soured sentiment at the end of a week dominated by concerns over North Korea and trade tensions with China.

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(Reuters) – A steep drop in oil prices and disappointing corporate results pressured U.S. stock market futures on Friday, souring sentiment at the end of a week dominated by concerns over North Korea and trade tensions with China.

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NEW YORK (Reuters) – Tesla on Thursday reached an agreement to settle a class action lawsuit with buyers of its Model S and Model X cars who alleged that the company’s assisted-driving Autopilot system was “essentially unusable and demonstrably dangerous.”

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MEXICO CITY (Reuters) – Mexican Economy Minister Ildefonso Guajardo said on Friday he saw a 40-percent chance of concluding the renegotiation of the North American Free Trade Agreement (NAFTA) before Mexico’s presidential election on July 1.

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WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV said on Friday it is recalling 4.8 million U.S. vehicles over a defect that could prevent drivers from deactivating cruise control and warned owners not to use the function until they get software upgrades.

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(Reuters) – U.S. stock market futures steadied on Friday, helped by a measured response by North Korea to President Donald Trump’s cancelling of a planned summit, while a slump in oil prices pressured energy stocks.

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SHANGHAI/BENGALURU (Reuters) – Debt growth for Chinese companies has slowed to the lowest rate in more than a decade, according to Reuters analysis, which could provide relief for policymakers worried about the fallout from years of loose lending practices across the economy.

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ST PETERSBURG (Reuters) – Saudi Arabia is most likely to hold the initial public offering (IPO) of oil giant Aramco in 2019, Energy Minister Khalid al-Falih said on Friday, confirming a delay from the initial plan to list the company this year.

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LONDON (Reuters) – Major U.S.-media outlets including the LA Times and Chicago Tribune were forced to shutter their websites in parts of Europe on Friday following the roll out of stringent new privacy regulations by the European Union.

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BERLIN (Reuters) – Daimler faces a recall order for more than 600,000 diesel-engine vehicles including C-Class and G-Class models because of suspected emissions manipulation, German magazine Der Spiegel reported on Friday.

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LONDON (Reuters) – World shares steadied and the dollar resumed its rise on Friday after a wobble caused by U.S. President Donald Trump’s decision to cancel a summit with North Korea, though political risk put Italian markets on track for heavy weekly losses.

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