BUSINESS

Oil settled higher on Friday, supported by expectations that OPEC's decision to increase production targets by slightly more than planned will not add that much to global supply which should tighten as China eases COVID restrictions.

Oil edged higher on Friday, supported by expectations that OPEC's decision to increase production targets by slightly more than planned won't much affect tight global supply and by rising demand as China eases COVID restrictions.

Oil rose higher on Friday, supported by expectations that OPEC's decision to increase production targets by slightly more than planned won't much affect tight global supply and by rising demand as China eases COVID restrictions.

Oil prices edged higher on Friday as markets shrugged off the decision of OPEC+ to increase production and questioned whether the incremental output would make up for lost Russian supply and meet China's growing demand amid easing COVID restrictions.

Oil prices moved in a thin range on Friday as markets shrugged off the decision of OPEC+ to increase production and questioned whether the incremental output could make up for lost supply from Russia and meet China's growing demand amid easing COVID restrictions.

Oil prices were roughly unchanged on Friday, clinging to gains made in the previous session on doubts that producers belonging to OPEC+ can hike their crude output enough to make up for lost supply from Russia.

Oil slipped on Friday after OPEC+ decided to increase production targets by slightly more than planned, although tight global supply and rising demand as China eases COVID restrictions limited the decline.

Oil slipped on Friday after OPEC+ decided to increase production targets by slightly more than planned, although tight global supply and rising demand as China eases its COVID restrictions limited the decline.

The U.S. dollar rose against a basket of currencies on Friday after a better-than-expected U.S.

The U.S. dollar edged higher against a basket of currencies on Friday, after a better-than-expected U.S.

The dollar was little changed on Friday, even as risk appetite picked up ahead of U.S. jobs data.

The dollar edged lower on Friday as risk appetite picked up ahead of U.S. jobs data later in the day.

The dollar wobbled toward its first steady week in three on Friday as traders looked to U.S.

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California port leaders expect imports to rise as Shanghai, home to the world's busiest seaport, emerges from a two-month COVID-19 lockdown.

Frontier Group Holdings Inc has agreed to offer a break-up fee in a bid to secure its $2.9 billion acquisition of Spirit Airlines Inc, people familiar with the matter said on Thursday.

Frontier Group Holdings said Thursday it has agreed to pay a break-up fee of $250 million in a bid to salvage its $2.9 billion acquisition of Spirit Airlines Inc that would create the fifth-largest U.S. airline.

Frontier Group Holdings Inc has agreed to pay a break-up fee of $250 million in a bid to secure its acquisition of Spirit Airlines Inc, the companies said on Thursday.

Biden to visit former 'pariah' Saudi Arabia: reports

Tenaris SA, a global manufacturer of steel pipes, said on Thursday it will pay $78.1 million to resolve U.S.

Hedge fund investors are bracing for a river of red ink as firms begin reporting returns for May when the stock market hovered near bear territory on disappointing earnings and worries about aggressive rate hikes, investors and fund managers said on Thursday.

Elvis wedding crackdown leaves Las Vegas all shook up

Sheryl Sandberg's exit from Meta Platforms Inc comes at a crucial time for the Facebook parent as it pivots to "metaverse" in the face of slowing ad revenue, although Wall Street analysts say her departure will not be as significant.

The Justice Department on Thursday charged the U.S.

Germany's Rheinmetall has sent Italy's Leonardo an offer for a minority stake in its OTO Melara cannon maker unit valuing the whole business at almost 430 million euros ($462 million), according to a document and two sources close to the matter.

The recall affects about 367,500 Frigidaire and Electrolux refrigerators in the U.S. and about 7,180 units sold in Canada.

Ford to invest $3.7 bn, boosting legacy Midwestern plants

U.S. online retailer Amazon is not liable for the sale of counterfeit Louboutin shoes on its platform, an adviser to Europe's top court said on Thursday, a potential setback for the shoemaker known for its red sole shoes popular with celebrities.

Innovations in digital payments and the potential adoption of a central bank digital currency could force central banks to overhaul how they conduct monetary policy, potentially increasing their balance sheets and the tools used to control interest rates, Lorie Logan, executive vice president of the New York Federal Reserve, said on Thursday.