LONDON (Reuters) – Oil prices rose to a two-week high on Thursday, extending a rally into a sixth straight session after a decline in weekly U.S. production eased concerns about deepening oversupply.
SYDNEY (Reuters) – BHP Billiton’s Chairman Jac Nasser said on Thursday BHP’s $20 billion investment in U.S. shale oil and gas six years ago was, in hindsight, a mistake.
WASHINGTON, June 29 (Reuters) – The U.S. economy slowed less sharply in the first quarter than initially estimated due to unexpectedly higher consumer spending and a bigger jump in exports.
WASHINGTON (Reuters) – The U.S. economy slowed less sharply in the first quarter than initially estimated due to unexpectedly higher consumer spending and a jump in exports, beating expectations and providing a slightly more encouraging outlook for gro…
LONDON (Reuters) – Britain intends to subject Rupert Murdoch’s takeover of European pay-TV group Sky to a lengthy in-depth investigation after finding the $14.8 billion deal risks giving the media mogul too much power over the news agenda.
(Reuters) – Drugstore chain Walgreens Boots Alliance Inc said it ended its deal to buy Rite Aid Corp after struggling to win antitrust approval, and that it would instead buy nearly half of the smaller rival’s U.S. stores for $5.18 billion.
NEW YORK (Reuters) – U.S. stocks will rise marginally in the second half of the year, although any future economic disappointments or deeper uncertainty over President Donald Trump’s agenda could trigger a market pullback, a Reuters poll showed.
FRANKFURT (Reuters) – Prosecutors in Stuttgart have launched a preliminary probe against employees at German sportscar maker Porsche AG to see whether they were involved in designing engine management software to cheat emissions tests.
ZURICH (Reuters) – Logitech has proposed raising its dividend by 10 percent to 0.62 Swiss francs per share, the computer peripherals and mobile speaker maker said on Thursday, after it reported its highest level of operating cash flow in seven years.
TOKYO (Reuters) – Western Digital Corp said on Thursday that legal action and other moves taken by Toshiba Corp in their dispute over the sale of its prized memory chip unit were harming Toshiba’s stakeholders and customers.
CINCINNATI, Ohio (Reuters) – In the baking Ohio heat Canada’s trade minister is trying to save NAFTA, one encounter at a time.
SAN FRANCISCO (Reuters) – Peer at the instrument panel on your new car and you may find sleek digital gauges and multicolored screens. But a glimpse behind the dashboard could reveal what U.S. auto supplier Visteon Corp found: a mess.
TOKYO (Reuters) – The president of Japan’s Universal Entertainment Corp said the company’s founder Kazuo Okada is “unfit” to be the director of a public company, in a private letter to a shareholder seen by Reuters.
LONDON (Reuters) – The euro surged to its highest in over a year on Thursday, while bond yields and global shares also climbed, as a slew of hawkish comments from central banks signaled the era of easy money might be coming to an end for more than just…