Oil edges higher as traders eye producer talks on extending supply cuts
Oil prices nudged higher on Friday as traders await cues from a meeting that could take place as soon as this weekend where major oil...
U.S. unemployment rate seen near 20% as COVID slams jobs market again in May
The U.S. unemployment rate likely shot up to almost 20% in May, a new post World War Two record, with millions more losing their jobs,...
As coronavirus sinks global demand, China’s exporters go online to tap domestic market
At this time of the year, Deng Jinling would normally be welcoming foreign buyers to her vacuum flask showroom or cramming her goods into containers...
Asia’s stock rally pause ahead of U.S. jobs data, euro at one-and-a-half month top
Asian stocks were poised for their biggest weekly rise in over eight years while the euro hovered near a 1-1/2 month high as Europe’s central...
Asia’s stock rally pause ahead of U.S. jobs data, euro at 1-1/2 month top
Asian stocks were poised for their biggest weekly rise in over eight years while the euro hovered near a 1-1/2 month high as Europe’s central...
KKR, Ampersand Capital in joint bid for Oxford Immunotec: sources
A consortium of private equity firms KKR & Co Inc and Ampersand Capital Partners has approached Oxford Immunotec Global Plc , a medical diagnostics company...
Goldman Sachs executive’s email making plea for racial equality goes viral at firm
An email by a Goldman Sachs Group Inc employee about his experiences of racial injustice and criticizing managers at the Wall Street bank for not...
‘How it’s going …’ Goldman executive’s email on racial inequality in America
Frederick Baba, a managing director at Goldman Sachs who is black, sent the following email to colleagues at the bank on June 2:...
Oil dips on uncertainty over producers’ commitment to output cuts
Oil prices eased slightly on Friday as markets wait to see whether major producers will commit to an extension of record production cuts to support...
Bernard Madoff fails to win compassionate release from prison
A federal judge on Thursday rejected Bernard Madoff’s request to be released early from prison because he was dying of kidney failure, saying the swindler...