Stocks edge down as investors crave clarity on Fed stance
Share markets slipped on Thursday as uncertainty over the outlook for U.S. interest rate cuts left investors on edge, with the release of minutes from the Federal Reserve’s last policy meeting exposing rifts over its recent easing.
Oil rises further above $60, Jackson Hole summit in focus
Oil rose further above $60 a barrel on Thursday, supported by a drop in U.S. crude inventories and OPEC-led supply cuts, although worries about the global economy weighed.
Boeing spacecraft astronauts see new frontier for commercial space
A crew of veteran U.S. astronauts and aviators are training in Houston for a manned mission to the International Space Station aboard Boeing’s new Starliner spacecraft, which could also be used to take tourists into space on future missions.
Explainer: What are the obstacles to Bayer settling Roundup lawsuits?
Bayer AG is in mediation to potentially settle thousands of U.S. lawsuits claiming that the company’s Roundup weed killer causes cancer, but some legal experts said the cases raises novel questions that may prevent an easy settlement.
Audi to join Mercedes, BMW development alliance: paper
Audi is set to join an alliance with rivals Daimler and BMW to develop advanced driving assistance systems, German weekly Wirtschaftswoche said on Thursday.
South Korea’s top court to rule on Samsung heir’s bribery case on August 29: YTN
South Korea’s Supreme Court will deliver a ruling on the bribery conviction of Samsung Group heir Jay Y. Lee on Aug. 29 in a corruption scandal that led to the ouster of the country’s then-president in 2017, broadcaster YTN said on Friday.
Mediaset files complaint with Italian market watchdog against Vivendi
Mediaset has filed a complaint with Italy’s market watchdog, accusing hostile shareholder Vivendi of leaking information with the goal of scuppering a cross-border merger deal, the Italian broadcaster said on Thursday.
Ryanair says no flight disruption so far from UK pilot strike
All Ryanair flights to and from British and Irish airports have departed without disruption so far on Thursday, the airline said, adding it also expected no impact for the rest of the day from a strike by some of its pilots based in Britain.
Stocks nudge down as investors crave clarity on Fed stance
Share markets flatlined on Thursday as uncertainty over the outlook for U.S. interest rate cuts following the release of minutes from the Federal Reserve’s last policy meeting kept investors on edge.
Ryanair says no initial flight disruption from UK pilot strike
All initial Ryanair flights to and from British and Irish airports departed without disruption on Thursday, the airline said, as some of its British-based pilots began a 48-hour strike.
