Oil prices rose for a fourth session on Thursday, with Brent at a three-week high, after OPEC+ agreed to further tighten global crude supply with a deal to slash production by about 2 million barrel per day, the largest reduction since 2020.
Britain's battered pound will be around 3.6% stronger in a year, according to a Reuters poll in which analysts were divided, however, on whether the currency would reach parity with the U.S.
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The dollar fought for a footing in choppy trade on Thursday, with support from upbeat U.S.
Central bank intervention via U.S. dollar sales won't strengthen emerging market currencies against an ever-dominant greenback, a Reuters poll found, and many analysts expected authorities to sit this round out or hike rates more aggressively.
General Electric Co is laying off workers at its onshore wind unit as part of a plan to restructure and resize the business, which is grappling with weak demand, rising costs and supply-chain delays, four sources familiar with the move said.
Some of Goodwill's donated items are now available online at its new e-commerce store "GoodwillFinds."
Facebook is offering new ways to customize users' new feed with its new update through advanced AI technology.
Samsung Electronics Co Ltd's third-quarter profit could tumble 25%, the first year-on-year decline in nearly three years, as an economic downturn saps demand for electronic devices and the chips that power them.
North Korea fires two ballistic missiles, slams UN meet
Tyson Foods said Wednesday it will be leaving Chicago and South Dakota and relocating to the company's headquarters in Arkansas.
As British lender HSBC Plc explores a potential sale of its Canadian unit, lawyers and analysts say the country's concentrated banking market could discourage big domestic banks from bidding as the government has charged the antitrust regulator to push for more competition.
U.S. stocks closed lower Wednesday, ending a two-day rally to start the last quarter of the year.
Venezuelan opposition leader Juan Guaido asked the United States for details of Chevron Corp's expanded license request to operate in the South American country, according to a letter sent to a senior U.S.
Amid high US inflation, online insurance offers mislead elderly
Kittyhawk, an air-taxi startup based in Silicon Valley, announced layoffs and the shutting down of three facilities.
Here is how to get a free pair Crocs for its 20th anniversary celebration event.
Homemade 'DIY' weapons boost Ukraine war arsenal
Cyberpunk developer CD Projekt's shares grew after the company announced a series of upcoming projects Tuesday.
Ford is ending the production of its GT supercar, celebrating with a limited edition release.
Car haulers are pushing the Biden administration and lawmakers to increase truck weight limits on U.S.
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Ukraine pushes east, Moscow vows to win back lost ground
The Bank of Spain on Wednesday significantly cut its GDP growth forecast for next year due to the impact of higher energy prices in Europe and lower consumer spending.
Iran pop singer silenced, but his song remains a protest anthem
Tesco, Britain's biggest retailer, forecast full-year profit at the lower end of its previous guidance, blaming uncertainty over how consumer spending will evolve amid a worsening cost-of-living squeeze.
The Middle East and North Africa are the world's fastest-growing cryptocurrency markets, with the volume of crypto received in the region jumping 48% in the year to June, blockchain researcher Chainalysis said in a report on Wednesday.
Oil inched lower on Wednesday after gains in recent days as OPEC+ producers looked set to agree deep output target cuts later in the day despite a tight market.
OPEC+ expected to slash oil output
