Oil prices firm as Libya supply risks mount
Oil prices reversed earlier losses on Friday as fears that an escalating conflict in Libya could disrupt oil supplies from the OPEC member outweighed trade concerns.
Oil prices reversed earlier losses on Friday as fears that an escalating conflict in Libya could disrupt oil supplies from the OPEC member outweighed trade concerns.
BMW, and Volkswagen face possible hefty fines after EU antitrust regulators on Friday charged the German carmakers and whistleblower Daimler with colluding to block the rollout of clean emissions technology.
Wall Street’s main indexes rose on Friday after data showed U.S. employment in March accelerated from a 17-month low, easing concerns of a domestic slowdown, while hopes of a U.S.-China trade deal added to the sentiment.
Bank of America Corp said on Friday that more than half of its branch network will be modernized over the next three years to respond to changing consumer behavior.
U.S. security concerns about 5G mobile networks built by Chinese telecoms giant Huawei appear to be driven by politics and trade rather than any evidence, the head of the U.N. internet and telecoms agency said on Friday.
U.S. stocks opened modestly higher on Friday as employment growth in March accelerated from a 17-month low, easing concerns of a domestic slowdown, while hopes of a U.S.-China trade deal added to the sentiment.
Tensions over trade, investments and minority rights are preventing China and the EU from agreeing a joint declaration at a summit next week, multiple sources in Brussels said on Friday, sapping a European push for greater access to Chinese markets.
U.S. employment growth accelerated from a 17-month low in March as milder weather boosted activity in sectors like construction, which could further allay fears of a sharp slowdown in economic growth in the first quarter.
U.S. employment growth accelerated from a 17-month low in March as milder weather boosted hiring in sectors like construction, which could further allay fears of an abrupt slowdown in economic activity in the first quarter.
U.S. employment growth accelerated from a 17-month low in March as milder weather boosted activity in sectors like construction, which could further allay fears of a sharp slowdown in economic growth in the first quarter.
U.S. stock index futures sharply added to gains on Friday, as data showed U.S. employment growth accelerated from a 17-month low in March, which could further allay fears of a sharp slowdown in economic growth in the first quarter.
Following are the five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
A Tokyo court approved on Friday a request by prosecutors to detain Carlos Ghosn for 10 days for further questioning, rejecting an appeal by the ousted Nissan boss’ lawyer to free him as he fights charges against financial misconduct.
The Tokyo District Court on Friday said it had rejected an appeal by Carlos Ghosn’s lawyers against the detention of the ousted Nissan Motor Co chairman for 10 days to question him regarding their latest accusations of financial misconduct.
Tensions over trade, investments and minority rights may prevent China and the EU from agreeing a joint declaration at a summit next week, four diplomats in Brussels said on Friday, sapping a European push for greater access to Chinese markets.
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