Oil prices extended their gains on Thursday, with Brent rising above $61 a barrel as a surprise drop in U.S. crude inventories and the prospect of further market-supporting action by OPEC and its allies offset some concern over the outlook for demand.
The pound was weaker but pared losses against the dollar on Thursday in the wake of British Prime Minister Boris Johnson's call for a Dec. 12 election to break the country's deadlock over its planned exit from the European Union, while global stock markets edged up.
A. Wayne Johnson had been COO of the Office of Federal Student Aid, which manages the country's $1.6 trillion outstanding student loan portfolio.
French car parts supplier Valeo cautioned on Thursday that the General Motors strike was currently costing it around 160 million euros ($178 million) in sales and around 50 million euros in operating margin terms.
Two U.S. senators on Thursday asked the U.S. Federal Trade Commission to probe Amazon.com Inc to determine if the company failed to secure its servers prior to the Capital One hack.
Barclays on Thursday said it will maintain customers' ability to withdraw cash from Britain's Post Office branches, reversing a change announced earlier this month that angered the public and lawmakers amid cuts to the lender's branch network.
Uniper deliberately obstructed Fortum's proposed purchase of a stake in the German utility by registering assets in Russia as strategic, Kommersant daily quoted Fortum CEO Pekka Lundmark as saying on Thursday.
U.S. Vice President Mike Pence said on Tuesday that the Trump administration is aiming to complete a 'Phase 1' deal with China on agricultural purchases next month in Chile and move on to tackle intellectual property theft issues dividing the world's two largest economies.
The S&P 500 and Nasdaq index rose on Thursday, boosted by gains in Microsoft and PayPal, but Vice President Mike Pence's comments on China rekindled worries ahead of trade talks.
Russia's largest oil company Rosneft has fully switched the currency of its contracts to euros from U.S. dollars in a move to shield its transactions from U.S. sanctions, its Chief Executive Igor Sechin said on Thursday.
Tesla Inc shares soared 17% on Thursday after the electric carmaker surprised Wall Street by delivering on Chief Executive Officer Elon Musk's promise of a profit in the third quarter, even as doubts remained about its long-term prospects.
Stanford Center of Social Innovation | Doug J. Galen and others | Sep 2019 Over the last five years, the promise of blockchain technology has swept the social impact world, with many innovators experimenting to find use cases for this uniquely secure technology. This has resulted in hundreds of new organizations, ventures, and initiatives (referred
Toptal Finance | Nirvikar Jain Fintech is a popular contemporary buzzword and many of its products touch our lives every day. A fintech simply refers to a company that operates in the financial services sector and leverages the power of technology to simplify, automate, and improve the delivery of financial services to end customers. Further,
New orders for key U.S.-made capital goods fell more than expected in September and shipments also declined, a sign that business investment remains soft amid the fallout from the U.S.-China trade war but other data on Thursday showed the spat has yet to have much effect on the overall jobs market.
The S&P 500 and Nasdaq indexes rose on Thursday, getting a boost from Microsoft and PayPal's strong earnings, but poor results from 3M pushed the blue-chip Dow Jones index into the red.