Oil prices fall but set for weekly gain as trade row rhetoric eases
Oil prices gave back some of their recent gains on Friday, but were still headed for the biggest weekly increase since early July, boosted by an easing of U.S.-China trade rhetoric, a decline in U.S stockpiles and a looming hurricane in Florida.
Freenet-led revolt against Sunrise’s UPC deal gains allies
Sunrise Communications’ proposed takeover of Liberty Global’s Swiss UPC business faces a revolt with at least two big investors joining top shareholder Freenet in opposing the 6.3 billion Swiss franc ($6.46 billion) deal, sources said.
Campbell Soup reports 2% rise in sales
U.S. food company Campbell Soup Co said on Friday quarterly sales rose 2%, helped by demand for its soups and snacks.
Exclusive: Saudi Aramco board sees too many risks for New York IPO – sources
By Rania El Gamal, Alex Lawler, Marwa Rashad and Hadeel Al Sayegh
China will exempt 16 Tesla models from purchase tax
China will exempt 16 Tesla Inc electric vehicle (EV) models from purchase tax, the Ministry of Industry and Information Technology said in a statement on its website.
Disabled workers chase ‘dream jobs’ in tight U.S. labor market
Megan Helsel, a kayaking wildlife specialist, has her dream job, and T’angelo Magee is making headway toward his, a commercial pilot. Both say work is central to their identity. Both are disabled.
Boeing aims to strengthen engineering oversight after panel review
Boeing Co needs to reorganize its engineering reporting lines company-wide and ensure higher ranking officials, including its CEO, get faster feedback about potential safety concerns from lower levels of the company, according to an internal review at …
Global stocks scale one-week high on trade hopes, yuan softens
World stocks rose to a one-week high on cautious hopes for a rapprochement on trade between Beijing and Washington on Friday, though a perky dollar capped gains with China’s yuan softening again, on track for its weakest month in 2-1/2 decades.
Oil prices fall but set for big weekly gain as trade dispute rhetoric eases
Oil gave back some of its recent gains on Friday, but was still headed for the biggest weekly increase since early July, boosted by a decline in U.S stocks, a looming hurricane in Florida and an easing of Sino-U.S. trade rhetoric.
Malaysia’s AirAsia cuts Airbus A330neo order plans, adds A321XLR
Malaysia’s flagship budget airline AirAsia Group Bhd slashed its plans for Airbus SE A330neo orders by nearly two-thirds to 12, but said it would order 30 of the new long-range A321XLR narrowbodies.
