Oil drops after poll points to slower global growth
Oil prices fell on Friday after a Reuters poll showed global economic growth is likely to slow further amid the U.S.-China trade war, although losses were limited by tensions in the Middle East.
Oil prices fell on Friday after a Reuters poll showed global economic growth is likely to slow further amid the U.S.-China trade war, although losses were limited by tensions in the Middle East.
A California judge on Thursday reduced a $2 billion jury verdict, slashing the award for a couple who blamed Bayer AG's glyphosate-based weed killer Roundup for their cancer to $86.7 million.
Chinese authorities suspect U.S. package delivery company FedEx Corp violated the law by not making shipments of goods from the tech company Huawei to their recipients, the Xinhua state news agency reported on Friday.
SoftBank Group Corp announced on Friday a second Vision Fund aimed at investing in AI technology, saying it has secured memoranda of understandings (MOUs) for about $108 billion from companies including Apple and Microsoft .
Asian share prices opened a tad lower on Friday on mixed U.S. earnings reports and the euro held above two-year lows struck overnight after the European Central Bank held interest rates steady, though officials said a cut was certain in September.
Warren Buffett's Berkshire Hathaway has raised its stake in Bank of America Corp , the company said in a regulatory filing on Thursday.
French energy giant Total will sell about $5 billion of assets, mostly from its exploration and production business as it sharpens its focus on low-breakeven projects that can weather weak oil prices, it said on Thursday.
China's biggest auto industry association has cut its sales forecast for this year due to slowing economic growth, and now expects sales to fall for the second year running.
Winning is good. That is, of course, unless you happen to "win" wireless spectrum assets from T-Mobile, according to MoffettNathanson.
U.S. stocks stumbled out of the starting gate and bond yields gained ground following mixed earnings and a rosier-than-expected statement from the European Central Bank's governor.
Four major automakers said on Thursday they have reached a voluntary agreement with the state of California on fuel efficiency rules, bypassing a Trump administration effort to strip the state of the right to fight climate change by setting its own standards.
American Airlines Group Inc and Southwest Airlines Co warned on Thursday of an increasing financial toll from the prolonged Boeing 737 MAX grounding this year even as strong bookings and higher fares helped drive quarterly revenue growth.
Invisalign shipments disappointed, "primarily due to a softness in China related to a tougher consumer environment," CEO Joe Hogan says.
Auto sales in China are seen falling 5% year-on-year to 26.68 million units in 2019, the country's top industry association said.
Honda is the latest car company to utilize the "in-car" delivery system.