Oil jumps 3% to $63 as Iran shoots down U.S. drone in Gulf
Oil jumped more than 3% to above $63 a barrel on Thursday after Iran shot down a U.S. military drone, raising fears of a military...
Boeing in talks for more 737 MAX orders after IAG
Boeing is in talks with other airlines for sales of its grounded 737 MAX after receiving a ‘humbling’ 200-plane letter of intent from British Airways...
GSK offers concessions to address EU concerns over Pfizer deal
GlaxoSmithKline has offered concessions to address EU antitrust concerns over its planned joint venture with Pfizer’s consumer health business, the European Commission said on Thursday....
Deutsche Bank faces investigation for possible money-laundering lapses: NYT
U.S. federal authorities are investigating whether Deutsche Bank AG complied with laws meant to stop money laundering and other crimes, the New York Times reported...
Oil prices jump as downed U.S. drone stokes Middle East tensions
Oil prices climbed around 3% on Thursday amid escalating tensions in the Middle East as a U.S. official said one of the country’s military drones...
Oil prices climb on improving U.S. demand signs, OPEC agrees to meeting date
Oil prices rose nearly 2% on Thursday on signs of improving demand in the United States, the world’s biggest crude consumer, and as OPEC and...
Markets see long fight ahead as ECB battles low inflation expectations
Mario Draghi’s dramatic Tuesday hints of further monetary easing by the European Central Bank has stabilized collapsing euro zone inflation expectations, but the departing ECB...
Stocks rally, bond yields dive as Fed fuels easing hopes
Asian stock markets rallied on Thursday while the dollar dropped and global bond yields plunged, with the 10-year U.S. yield falling below two percent, after...
Less is more? Inditex cuts stores but boosts space in home market Spain
The list of retail casualties shutting up shop seems to grow by the month but Inditex, the world’s largest clothing retailer, is still betting on...
China’s premier tells foreign CEOs China will commit to reform, opening up
China will maintain its long-standing commitment to reform and opening up, Premier Li Keqiang told a group of visiting foreign chief executives on Thursday, adding...