Oracle Co-CEO Mark Hurd passes away
Oracle Corp’s co-chief executive officer, Mark Hurd, passed away on Friday, according to an internal email reviewed by Reuters....
Dollar weakens on Brexit, shares sapped by weaker China growth
The dollar headed for its worst week in almost four months on Friday, pummeled by sterling and euro rallies driven by a deal on Britain’s...
Oil steady as China economic concerns counter rising refinery runs
Oil prices steadied on Friday, with countervailing signals from China’s economy and refining sector balancing each other out, while hopes rose for progress toward a...
Exclusive: Aramco makes relatively little from foreign refining – documents
Documents from Saudi Aramco show that the world’s largest oil firm earns only a limited proportion of its profit from foreign refining ventures, an area...
Kansas City Southern profit beats, signals strength in fourth quarter
Railroad operator Kansas City Southern on Friday reported a better-than-expected quarterly profit, helped by an increase in refined fuel shipments to Mexico and ongoing cost...
American Express profit beats estimates as consumers shrug off slowdown fears
Credit card issuer American Express Co reported a higher-than-expected quarterly profit that highlighted the health of the U.S. consumer even as fears mount that a...
Take Five: Super Saturday, Super Mario
Britain may be about to draw a line under almost 3-1/2 years of political chaos, economic uncertainty and tortuous discussions with the European Union over...
Kansas City Southern profit beats, fueled by Mexico petroleum shipments
Railroad operator Kansas City Southern on Friday reported a better-than-expected quarterly profit, helped by an increase in refined fuel shipments to Mexico and ongoing cost...
Schlumberger takes over $12 billion charge as CEO charts new course
Schlumberger NV’s new chief executive officer wielded an ax to the company’s asset-heavy businesses, taking a $12.7 billion charge in the face of weaker shale...
Wall Street opens lower as J&J slips
U.S. stocks opened slightly lower on Friday, weighed down by Johnson & Johnson, while upbeat earnings reports limited losses and calmed nerves about the global...