Tag: businessNews
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...
ECB sends euro higher, stocks pause after week-long rally
The euro jumped to a 12-week high against the dollar on Thursday after another shot of European Central Bank stimulus to help economies slammed...
Tech stocks boost Nasdaq as recovery optimism prevails
A rally in tech shares drove the Nasdaq index higher on Thursday, with weekly jobless claims dipping below 2 million for the first time...
China eases flight curbs after United States targets its carriers
China will ease coronavirus restrictions to allow more foreign carriers to fly to the mainland, shortly after Washington vowed to bar Chinese airlines from...
South Korea seeks arrest of Samsung heir in succession probe
South Korean prosecutors have requested an arrest warrant against Samsung Group heir Jay Y. Lee, they said on Thursday, in the investigation of a...
Early Facebook staffers denounce Zuckerberg stance on Trump posts
Nearly three dozen former employees from Facebook's early days on Wednesday blasted Chief Executive Mark Zuckerberg's decision not to act against incendiary posts...
Shares, euro climb on robust risk appetite as lockdowns ease
A gauge of global equity markets rose and the euro gained against the dollar on Wednesday, both for a seventh session, indicating strong risk...
Warner Music strikes a chord in $1.9 billion U.S. IPO
Warner Music Group Corp said on Wednesday it raised $1.93 billion in the biggest U.S. initial public offering (IPO) so far in 2020, with...
Exclusive: Huawei hid business operation in Iran after Reuters reported links...
China's Huawei Technologies acted to cover up its relationship with a firm that had tried to sell prohibited U.S. computer gear to Iran, after...
Brent oil rises to $40 amid hopes for output cuts, recovery
Oil rose on Wednesday, with Brent at $40 for the first time since March, as optimism mounted that major producers will extend production cuts...