Oil steadies as Middle East tensions counter demand worries, set for weekly fall
Oil prices steadied on Friday after steep losses in the previous session, supported by rising tensions between the United States and Iran, but weighed by...
Fed rate cut hopes, Microsoft lift stocks; dollar bounces
A gauge of global stocks climbed on Friday as investors expect an aggressively dovish U.S. Federal Reserve at its next meeting and as early returns...
Wall St. edges higher on Microsoft’s beat, rate cut optimism
Wall Street’s main indexes inched higher on Friday after solid results from technology giant Microsoft added to an upbeat mood following hints from a top...
BMW picks insider Zipse as CEO to catch up with rivals
BMW has named Oliver Zipse as its new CEO, continuing the German carmaker’s tradition of promoting production chiefs to the top job even as the...
Two top fixed-income portfolio managers exit Eaton Vance
Bond fund managers Kathleen Gaffney and Henry Peabody left Eaton Vance Corp at the end of June and have been replaced by existing members of...
Jet Airways’ lenders approve interim finance plan for the carrier
Lenders to Jet Airways agreed on Friday to provide some interim financing to the bankrupt airline to help it cover legal and other costs, as...
Wall St. rises on Microsoft’s beat, rate cut euphoria
U.S. stock indexes advanced on Friday as solid results from Microsoft lifted technology stocks and added to an upbeat mood following signs from New York...
Wall Street opens higher after Microsoft’s beat, rate cut euphoria
U.S. stocks opened higher on Friday as solid results from Microsoft lifted technology shares and added to market optimism after New York Fed President John...
Wall St. set to open higher after Microsoft’s beat, rate cut bets rise
Wall Street was set to open higher on Friday as solid results from Microsoft fed into a bullish mood following signs from New York Fed...
BlackRock profit misses estimates, hit by lower fees for lending stocks
BlackRock Inc , the world’s largest asset manager, took in less cash last quarter as investors moved into lower-cost bond funds, and it made less...