Left hopes for historic win in Colombia's 'change election'
'Do something now:' mourners demand action after US school shooting
Oil prices edged higher on Friday supported by the prospect of a tight market due to rising gasoline consumption in the United States in summer, and also the possibility of an EU ban on Russian oil.
Oil prices rose on Friday, closing out the week with gains ahead of the U.S.
Oil prices rose on Friday, as signs of a tight market supported prices ahead of the U.S.
Oil prices edged higher on Friday and were on track for weekly gains, supported by the prospect of a tight market due to rising gasoline consumption in the United States in summer, and also the possibility of an EU ban on Russian oil.
Oil prices eased slightly in early Asian trade on Friday, after surging to a two-month high in the previous session as investors focused on signs of tight global supply.
Oil prices hovered around a two-month high on Friday, with Brent crude on track for its biggest weekly jump in 1-1/2 months, supported by the prospect of an EU ban on Russian oil and the coming summer driving season in the United States.
Low crude oil production means Nigeria is barely able to cover the cost of imported petrol from its oil and gas revenue, Finance Minister Zainab Ahmed told Reuters on Thursday.
Costco Wholesale Corp reported a fall in gross margins on Thursday, hit by soaring freight and labor costs across the United States, sending shares of the membership-only retailer down 2% and overshadowing an otherwise upbeat quarterly report.
Gap Inc slashed its annual results forecast on Thursday, sending shares 13% lower after hours as the clothing retailer blamed poor fashion choices at its Old Navy line and weak demand in the face of decades-high inflation.
Mark Zuckerberg was frank with shareholders at a meeting on Wednesday when he said the metaverse will bring significant initial losses to Meta.
Private equity firm Silver Lake has spent years cultivating and backing chief executives enamored with big deals, a strategy that pays off handsomely when large acquisitions such as the deal between chipmaker Broadcom Inc and cloud computing company VMware Inc come along.
Earnings from retailers this week illustrated a split in shopping patterns of more- and less-affluent Americans dealing with the highest inflation in four decades.
Nippon Steel Corp, the world's No.5 steelmaker, expects its seamless pipe business will return to a profit this year from a loss last year as gas drilling activity is on the rise to meet higher demand for non-Russian fuel.
After unprecedented revenue growth last year, digital platforms including Alphabet Inc, Meta Platforms Inc, Snap Inc and Twitter Inc now face a sobering reality as pandemic-driven advertising trends dissipate, according to an analyst report on Thursday.
Although cancer screening and diagnosis was hit by the coronavirus pandemic, resulting advances in medical technology and greater diversity in clinical trials could help treatments in the future, an AstraZeneca executive said.
Apple announced a pay increase of $2 for its retail employees on Wednesday. On the same day, audio leaked of an Apple VP trying to talk workers out of a union push.
Financial firms already struggling with climate-compliance due to unclear measurement metrics will soon face new disclosure requirements for biodiversity, or nature-related, investments.
Shareholders have reelected all of McDonald's Corp's directors, the company said on Thursday, ending a boardroom battle with billionaire investor Carl Icahn who had sought to win two board seats and shine a spotlight on his campaign over animal welfare.
NN Group NV expects to accelerate its deadline to exit coal investments, now set at 2030, due to fears about Europe reverting to burning the fossil fuel, the Dutch insurer's CEO David Knibbe said on the sidelines of the World Economic Forum.
The Sears Hometown store closings were quietly announced in a series of Facebook posts from the shuttering locations.
Broadcom announced a $61-billion deal to purchase cloud computing firm VMware in a giant tech transaction that expands the chipmaker's software offerings.
US stocks rally again as China premier warns on Covid-hit economy
Global high yield bond issuance has fallen this year to the lowest since the global financial crisis, with companies hesitant to borrow at lofty rates given concerns over economic growth and supply chain disruptions.
Jif's peanut butter recall has now extended to many other companies that use the popular brand of peanut butter in their products.
Mining magnate Gina Rinehart rebuilt her father's then-financially distressed company Hancock Prospecting after he died.
Alibaba profit slumps nearly 60% as tech crackdown, Covid bite
Southeast Asia and Latin America are strong growth regions for Mastercard after its withdrawal from Russia in March and India's 2021 ban on it from issuing new cards, the company's co-president for international markets said.
Southeast Asia and Latin America are strong growth regions for Mastercard after its withdrawal from Russia in March and India's 2021 ban on it from issuing new cards, the company's co-president for international markets said.
