Business & Finance News
Brent crude futures jumped nearly $3 on Friday after a U.S. air strike in Baghdad killed top Iranian and Iraqi military commanders, sparking concerns of disruption to Middle East oil supplies.
China has decided to keep its inflation target unchanged this year at around 3%, sources say, suggesting policymakers will continue to roll out more economic support measures while avoiding aggressive stimulus.
Ryanair is prepared for further delays to the delivery of its Boeing 737 MAX airliners, its chief executive Michael O’Leary told German magazine Wirtschaftswoche, adding that he would only discuss compensation after the aircraft had been delivered.
Asian shares slipped on Friday, erasing early gains, while gold shone and oil prices spiked after U.S. air strikes in Iraq killed a top Iranian commander, heightening geopolitical tensions.
Credit Suisse said on Friday it expects to buy back at least 1 billion Swiss francs ($1.03 billion) worth of shares until the end of 2020, subject to market and economic conditions, after completing a similar program last year.
Across snow-covered North Dakota, U.S. farmers are stuck with fields full of weather-damaged corn – a crop they planted after the U.S.-China trade war killed their soybean market. Many don’t know yet what crops they’ll plant next season among a host of dicey options.
China plans to keep its inflation target at around 3% in 2020, unchanged from last year, policy sources said, confounding speculation it might raise the bar to give it room for extra economic stimulus.
The Japanese yen led other safe-haven assets higher on Friday after U.S. air strikes on Baghdad airport killed a senior Iranian military official, stoking tensions in the Middle East and lifting the price of oil.
A surveillance camera captured former Nissan Motor Co chairman Carlos Ghosn leaving his Tokyo residence alone shortly before his surprise escape from Japan, public broadcaster NHK said on Friday, citing investigative sources.
U.S. electric vehicle maker Tesla Inc cut the starting price for its China-made Model 3 sedans by 16% to 299,050 yuan ($42,919) after receiving Chinese subsidies for electric vehicles, according to its China website.
U.S. electric vehicle maker Tesla Inc on Friday cut the starting price for its China-made Model 3 vehicles to 299,050 yuan ($42,910.85) after receiving Chinese subsidies for electric vehicles, according to its China website.
Asian shares fell on Friday, erasing early gains, while oil prices spiked after U.S. air strikes in Iraq killed a top Iranian commander, heightening geopolitical tensions.
Brent crude futures jumped close to $3 on Friday to their highest since September after a U.S. air strike killed key Iranian and Iraqi military personnel, raising concerns that escalating Middle East tensions may disrupt oil supplies.
The Japanese yen led other safe-haven assets higher on Friday after air strikes on Baghdad airport killed a senior Iranian military official, stoking tensions in the Middle East and lifting the price of oil.
Asian shares extended their New Year’s rally on Friday after Wall Street struck another record high on fresh Chinese stimulus while oil spiked after U.S. air strikes in Iraq heightened geopolitical tensions.
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