Oil rose to above $57 a barrel on Friday after China said it would hold trade talks with the United States and a survey showed China’s services sector expanded in December, while signs of lower crude supply also lent support.
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
Celgene Corp and Bristol-Myers Squibb Co will have to pay $2.2 billion if either of the drugmakers walks away from their $74 billion merger announced on Thursday, according to a regulatory filing.
U.S. employers hired the most workers in 10 months in December while boosting wages, pointing to sustained strength in the economy that could ease fears of a sharp slowdown in growth.
U.S. stock index futures were higher on Friday as a better-than-expected jobs report added to the optimism from proposed trade talks between the United States and China next week.
U.S. employers hired the most workers in 10 months in December while boosting wages, which could help to allay a recent upsurge in fears about the economy’s health that has roiled financial markets.
U.S. employers hired the most workers in 10 months in December while boosting wages, which could help to allay a recent upsurge in fears about the economy’s health that has roiled financial markets.
U.S. stock index futures pared gains on Friday after a better-than-expected U.S. jobs report allayed fears over economic health, but bolstered concerns that the Federal Reserve would stay on its current path of interest rate hikes.
U.S. stock index futures jumped on Friday after China said it will hold a fresh round of trade talks with the United States and ahead of, what is expected to be, a healthy U.S. employment report.
World stock markets rallied on Friday after China’s central bank moved to support its slowing economy, Chinese services data pointed to positive growth, and Beijing announced a new round of trade talks with Washington.
The U.S. Federal Trade Commission’s antitrust case accusing Qualcomm Inc of abusing a monopoly on mobile chip technology is expected to head to the courtroom on Friday for a trial whose outcome could have a major impact on the smartphone industry.
Marriott International Inc said on Friday that fewer than 383 million customer records were stolen in a massive cyber attack disclosed last month, down from its initial estimate that up to 500 million guests were affected.
China’s central bank said on Friday it was cutting the amount of cash that banks have to hold as reserves for the fifth time in a year, freeing up $116 billion for new lending as it tries to reduce the risk of a sharp economic slowdown.
Oil rose to around $57 a barrel on Friday after China said it would hold trade talks with the United States and a survey showed China’s services sector expanded in December, while signs of lower crude supply also lent support.
There are “lots of indications” that some managers discussed “the reputational risks” of Deutsche Bank’s involvement in a share-trading scheme that is the subject of Germany’s biggest post-war fraud investigation, according to a conclusion in one of five internal audits seen by Reuters.
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