Wall Street jumps on surprise improvement in labor market
U.S. stock indexes jumped on Friday, with the Nasdaq Composite less than 1% away from a record high, on hopes of a faster economic rebound...
Oil climbs 5% on U.S. jobless drop, OPEC+ meeting hopes
Oil prices rose on Friday after an unexpected fall in the May U.S. jobless rate and OPEC’s decision to bring forward to Saturday discussions on...
Cafe Rouge, Bella Italia could see nearly a third of outlets closed: sources
Britain’s high-street restaurant chains Bella Italia, Cafe Rouge and Las Iguanas could see around 30% of their outlets cut, two sources told Reuters, as their...
WeWork co-founder McKelvey to leave company by June end
WeWork co-founder Miguel McKelvey will leave the office space-sharing firm at the end of June, a company spokesman said on Friday....
Airbus warns it may sue airlines over undelivered jets: paper
Airbus is ready to sue airlines that refuse to honour contracts to take aircraft, its chief executive was quoted on Friday as saying, raising the...
Volkswagen resumes deliveries of its Golf 8 after software glitch
Volkswagen on Friday said it had resumed deliveries of its newest Golf model after voluntarily halting sales in mid-May....
Trump says he views U.S.-China trade deal differently amid coronavirus
U.S. President Donald Trump said on Friday he views the Phase 1 trade deal inked between the United States and China differently in the wake...
LVMH backs down on renegotiating Tiffany deal, sources say
French luxury goods giant is not asking to renegotiate its $16.2-billion acquisition of U.S. jewelry chain Tiffany & Co after deliberating whether to do so,...
U.S. labor market unexpectedly improves, but recovery expected to be a slog
The U.S. economy unexpectedly added jobs in May after suffering record losses in the prior month, offering the clearest signal yet that the downturn triggered...
Wall Street jumps after surprise job additions in May
U.S. stock indexes jumped on Friday, with the Nasdaq Composite less than 1% away from a record high, after a closely watched report showed surprise...