Shares in big banks climb as Fed approves capital plans
Shares in the S&P 500 bank index rose about 2% on Friday after the U.S. Federal Reserve approved the capital plans of the biggest U.S. banks, giving them a clean bill of health.
Oil prices hold near $67 a barrel ahead of G20 talks, OPEC
Brent crude oil held near $67 a barrel on Friday ahead of talks over the trade dispute between the U.S. and Chinese presidents this weekend and on production cuts from OPEC on Monday.
Boxing with giants: Italy’s packing robots are not just cardboard cutouts
(This June 28 story corrects Romaco’s nationality to German, not Italian, in paragraph 17)
U.S. consumer spending, inflation rise moderately in May
U.S. consumer spending increased moderately in May and prices rose slightly, pointing to slowing economic growth and benign inflation pressures, which could give the Federal Reserve ammunition to cut interest rates next month.
Shell, Exxon eye return to Somalia ahead of oil block round
Royal Dutch Shell and Exxon Mobil are looking to return to Somalia ahead of an oil block bid round later this year, the East African country’s oil ministry said.
U.S., China did not raise trade at G20 finance, health ministers meeting: Japan Aso
Neither the United States nor China raised the issue of trade at Friday’s joint session of finance and health ministers of the Group of 20 major economies, Japanese Finance Minister Taro Aso told reporters after the meeting.
From wind tunnels to megadeals, the Boeing sales boss facing new MAX storm
Days after stealing the Paris Airshow with a deal to sell 200 of the grounded 737 MAX, Boeing’s sales chief faces fallout from the discovery of a new flaw that will delay the jet’s return to service.
Exclusive: Google appears to have leveraged Android dominance – India watchdog
Google appears to have misused its dominant position in India and reduced the ability of device manufacturers to opt for alternate versions of its Android mobile operating system, Indian officials found before ordering a wider probe in an antitrust ca…
Futures higher with G20 summit, inflation data in focus
U.S. equity futures rose on Friday amid growing caution ahead of a crucial meeting between Presidents Donald Trump and Xi Jinping and the release of inflation data that could feed into the Federal Reserve’s decision on interest rates next month.
Rent the Runway, Nordstrom team up to boost convenience, attract customers
Nordstrom Inc and Rent the Runway announced a partnership on Thursday that aims to draw more foot traffic into the department store while making the clothing rental service more convenient so it can improve service to existing customers and attract ne…
