Global stocks are on track for their biggest drop in two weeks while oil prices held near six-month lows on Friday as a confident U.S. central bank and weak Chinese data hit demand for risky assets.
Britain’s big banks, long able to shrug off competition from start-ups, have been spooked by an account launched just six weeks ago by Goldman Sachs that pays savers more.
U.S. stock index futures fell on Friday, as a batch of weak Chinese data raised concerns about global growth a day after the Federal Reserve hinted at gradual tightening of borrowing costs.
A federal judge in Montana halted construction of the Keystone XL oil pipeline on Thursday on the grounds that the U.S. government did not complete a full analysis of the environmental impact of the TransCanada Corp (TRP.TO) project.
It was billed as the deal that proved Russia remained open for business.
Oil prices fell to multi-month lows on Friday as global supply increased and investors worried about the impact on fuel demand of lower economic growth and trade disputes.
It was billed as the deal that proved Russia remained open for business.
China paraded industrial and military clout and sent deliberate signals to Western rivals that its aerospace and arms industries aim to catch them up on world markets, while playing down trade tensions at the nation’s largest air show this week.
Global stocks were heading for their biggest drop in two weeks and emerging market currencies also slipped on Friday as a confident U.S. central bank and weak Chinese data hit demand for risky assets.
Oil prices fell to multi-month lows on Friday as global supply increased and investors worried about the impact on fuel demand from of lower economic growth and trade disputes.
British electronics manufacturing company TT Electronics is hoping its first attendance at China’s biggest air show with support from UK authorities will help it land a front-seat role in the production of the world’s next wide-body jet.
German car maker Volkswagen AG signed what looked like a meaty deal with one of its China joint ventures this week at a huge new trade show in Shanghai to ship almost $9 billion worth of cars and parts to China next year.
The European Commission said on Friday it was seeking reaction on commitments offered by Walt Disney in a pay-TV investigation aimed at making shows available across the EU.
Thailand’s new ultra-luxurious Iconsiam shopping complex opens its doors on Saturday, shrugging off a decline in tourist arrivals and political uncertainty ahead of next year’s elections.
AirAsia X Bhd , which has yet to firm up a tentative order for 34 Airbus SE A330neo widebody jets placed in July, is considering switching some of those jets to narrowbody A321neos, the CEO of its Malaysian arm said on Friday.
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