Business & Finance News
U.S. stocks opened lower 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 U.S. judge in Montana late Thursday halted construction of the Keystone XL pipeline that would carry heavy crude oil from Canada to the United States, throwing another obstacle in the path of the project that has been in development for a decade.
U.S. stocks were set to fall at the open 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.
India-based motorcycle brand Royal Enfield expects sales in its new North American business to almost triple this year and is aiming to dominate the market for middleweight bikes into which Harley-Davidson Inc has just shifted in a bid to revive sales.
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.
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