OTTAWA/WASHINGTON (Reuters) – Prime Minister Justin Trudeau this week plays host to a summit of the Group of Seven leading industrialized nations with six of the seven members outraged at the United States over a slew of recent moves by President Donald Trump.
Oil prices slipped on Monday as U.S. production hit a record high and OPEC members considered boosting supply. Benchmark Brent crude oil lost $1.26 a barrel, or 1.6 percent, reaching a low of $75.53 before recovering to $76.29, down 50 cents, by 1330 GMT. U.S. light crude was unchanged at 65.81 a barrel. …read more […]
(Reuters) – Wall Street’s three main indexes opened higher on Monday led by gains in Microsoft and Apple as well as Friday’s robust jobs data which continued to boost investor optimism on strength in the U.S. economy.
(Reuters) – Planemaker Boeing Co will partner with French aerospace firm Safran SA to make and service aircraft auxiliary power units as it uses some its profit from record jet sales to push into other lucrative aerospace segments.
Walmart’s ongoing push to cut away unprofitable or slow-growing international …read more […]
(Reuters) – Microsoft Corp said on Monday it would buy privately held coding website GitHub Inc for $7.5 billion in an all-stock deal to expand its clout among software developers.
(Reuters) – Planemaker Boeing Co and French aerospace firm Safran SA will join forces to make and service auxiliary power units (APUs), used to start aircraft engines and run other aircraft systems.
(Reuters) – Financial news and information company Thomson Reuters named Brian Peccarelli and Neil Masterson as its co-chief operating officers on Monday as part of a reorganization, which also involves four executives leaving the company.
JOHANNESBURG (Reuters) – Global auditor KPMG said on Monday it will axe up to 400 staff in South Africa in its latest shake-up following a corruption scandal in the country, which saw it lose several major clients.
The company is pursuing a number of strategies to achieve its lofty goals. …read more […]
Expectation for Apple are always high. In recent years, the iPhone maker has impressed through radical incrementalism, services and smaller products. …read more […]
DHAHRAN, Saudi Arabia/DUBAI (Reuters) – Saudi Aramco has created a subsidiary to house its multibillion-dollar pension fund and could spin off its aviation division, sources said, as it restructures some assets not related to oil and gas ahead of its planned initial public offering (IPO).
LONDON (Reuters) – Oil prices fell on Monday as U.S. production hit a record high and OPEC members considered boosting supply.
Oil prices fell on Monday as U.S. production hit a record high and OPEC members considered boosting supply. Benchmark Brent crude oil (LCOc1) lost $1.26 a barrel, or 1.6 percent, to a low of $75.53 before recovering to $75.89, down 90 cents, by 1125 GMT. U.S. light crude (CLc1) was 40 cents down at 65.41 a barrel. …read more […]
BOSTON (Reuters) – A former executive at State Street Corp is set to face trial on U.S. charges that he participated in a scheme to defraud the bank’s clients by charging them secret commissions on billions of dollars in trades.
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