United Airlines says willing to loan Avianca Holdings up to $150 million
United Airlines said on Friday it was willing to loan up to $150 million to Colombian airline Avianca Holdings SA.
Oil steady but set for 2019’s biggest weekly loss
Oil prices were steady on Friday ahead of long U.S. and UK holiday weekends, but were on track for its biggest weekly drop of the year, pressured by rising inventories and concern over an economic slowdown.
Wall Street gains on trade reprieve ahead of long weekend
U.S. stocks gained on Friday, ahead of a long Memorial day weekend, as investors breathed a sigh of relief after President Donald Trump indicated that the protracted trade war with China could end soon.
Goldman bumps up no-deal Brexit odds after May resignation
Goldman Sachs raised its probability of a no-deal Brexit to 15% from 10% on Friday as Prime Minister Theresa May’s resignation potentially opened the way for a more hardline politician to lead the UK to exiting the European Union.
German appeals court rules in favor of VW diesel owners
A regional appeals court in Karlsruhe on Friday ruled that German Volkswagen dealers must take back cars fitted with illegal software devices or give their customers new vehicles.
Wall Street gains as trade tensions ease
U.S. stocks posted broad-based gains on Friday, ahead of a long weekend, as sentiment was buoyed by optimistic comments by President Donald Trump that the protracted trade war with China could soon end.
Wall Street set for modest gains at open after previous day’s sell-off
U.S. stocks were set to open modestly higher on Friday after a sell-off, on cautious optimism after President Donald Trump predicted a swift end to the tariff war with China and a resolution to complaints against Huawei Technologies Co Ltd.
Huawei shipments could fall by up to a quarter this year: analysts
China’s Huawei, hit by crippling U.S. sanctions, could see shipments decline by as much as a quarter this year and faces the possibility that its smartphones will disappear from international markets, analysts said.
Oil rises towards $69 but set for 2019’s biggest weekly loss
Oil rose towards $69 a barrel on Friday after two sessions of losses but remained on track for its biggest weekly drop of the year, pressured by rising inventories and concern over an economic slowdown.
Global stocks climb on muted trade hopes, sterling yo-yos as PM May quits
World stocks edged higher on Friday and oil prices bounced after comments by President Donald Trump encouraged hopes of progress in U.S.-China trade talks while British Prime Minister Theresa May’s resignation briefly sent sterling fluctuating wildly.
