Oil recovers 1%, but set for biggest weekly loss of 2019
Oil prices recouped around 1% on Friday but were on track for their biggest weekly loss this year after swelling inventories and jitters over an economic slowdown led to big falls earlier in the week.
Asia stocks flat as trade worries linger, Europe to open higher
Asian stock markets were mixed on Friday, with sentiment torn between investors worried that the U.S.-China trade war was becoming more protracted, and others hopeful that the world’s two largest economies would reach a settlement soon.
Oil recovers, but set for biggest weekly loss of 2019
Oil prices recouped more than 1% on Friday but were on track for their biggest weekly loss this year after swelling inventories and jitters over an economic slowdown led to big falls earlier in the week.
China aluminum magnate Zhang Shiping dies aged 73
Zhang Shiping, who oversaw the rise of China Hongqiao Group into the world’s biggest aluminum producer, died on Thursday at the age of 73, the company said.
Fears of deeper U.S.-China trade war push Asian shares to four-month low
Asian stocks stumbled to a four-month low on Friday and crude oil plunged on worries the U.S.-China trade spat was developing into a more entrenched strategic dispute between the world’s two largest economies, pushing investors to safe-haven assets.
Oil bounces back, but markets remain fragile amid trade disputes
Oil prices jumped more than 1% on Friday amid OPEC supply cuts and Middle East tensions, but still did not fully recoup losses earlier in the week on economic slowdown jitters and swelling inventories – their steepest drops since the start of the year….
India’s jobs deficit: Project in Gujarat struggling to create employment
When he was chief minister of the Indian state of Gujarat in 2011, Indian Prime Minister Narendra Modi kicked off an ambitious project to develop a financial hub in the style of Singapore or Dubai.
Asian shares at four-month low on deepening U.S.-China trade war
Asian shares hobbled near four-month lows on Friday and crude oil plunged on worries the U.S.-China trade spat was developing into a more entrenched strategic dispute between the world’s two largest economies, pushing investors to safe-haven assets.
Oil prices stabilize after sharp falls earlier in week
Oil markets stabilized on Friday amid OPEC supply cuts and tensions in the Middle East, after posting their steepest falls since the start of the year earlier in the week on the back of a global economic slowdown and swelling fuel inventories.
U.S. regulator sees approval of Boeing 737 MAX to fly as soon as late June: sources
The Federal Aviation Administration (FAA) expects to approve Boeing Co’s 737 MAX jet to return to service as soon as late June, representatives of the U.S. air regulator informed members of the United Nations’ aviation agency in a private briefing on T…
