United States

Oil prices firm on summer demand as Iran talks drag

Oil prices edged higher on Monday, underpinned by strong demand during the northern hemisphere summer driving season and a pause…

4 years ago

Bank of Canada to break sequence of lower terminal rates as governments splurge

With fiscal spending booming and households flush with cash, investors are betting that the Bank of Canada's next tightening cycle,…

4 years ago

Italy, hosting G20, will call for tougher ‘gig economy’ rules

Italy will call for tougher rules governing ‘gig economy’ workers when it hosts labour ministers of the world’s biggest economies…

4 years ago

COVID deals new blow to foreign carmakers’ Indian dream

Foreign automakers’ hopes of a booming Indian car market are fading fast as a brutal second wave of COVID-19 infections…

4 years ago

Yellen tells Mexican counterpart G20 countries should back global minimum tax

U.S. Treasury Secretary Janet Yellen met with Mexican finance minister Arturo Herrera on Thursday, stressing the importance of securing support…

4 years ago

U.S. labor market healing despite unexpected rise in weekly jobless claims

The number of Americans filing new claims for unemployment benefits increased last week for the first time in 1-1/2 months,…

4 years ago

EXCLUSIVE Chinese apps could face subpoenas or bans under Biden order -sources

President Joe Biden’s executive order aimed at safeguarding Americans’ sensitive data would force some Chinese apps to take tougher measures…

4 years ago

Nasdaq closes up on tech stocks strength, as hawkish Fed limits S&P

Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher,…

4 years ago

Oil falls amid dollar strength; demand picture still bullish

Oil prices fell for a second straight session on Friday as the U.S. dollar soared on the prospect of interest…

4 years ago

Bristol-Myers, Eisai in up to $3.1 bln deal to develop cancer drug candidate

Bristol-Myers Squibb Co (BMY.N) and Eisai Co said on Thursday they had entered into an agreement worth up to $3.10…

4 years ago