Exxon profit misses expectations; sees $5.9 billion tax gain
HOUSTON (Reuters) – Exxon Mobil Corp, the world’s largest publicly-traded oil producer, posted a lower-than-expected quarterly profit on Friday due to falling production and weakness in its chemical and refining operations, sending shares down 2.8 perc…
Stock futures drop further after strong jobs data
(Reuters) – U.S. stock index futures added to their losses on Friday after data showed job growth surged in January and wages increased further, bolstering expectations that inflation will push higher, and bond yields rose further.
U.S. hiring accelerates; annual wage growth strongest since 2009
WASHINGTON (Reuters) – U.S. job growth surged in January and wages increased further, recording their largest annual gain in more than 8-1/2 years, bolstering expectations that inflation will push higher this year as the labor market hits full employme…
Dow futures drop 250 points as bond yields rise; jobs data eyed
(Reuters) – U.S. stock index futures were sharply lower on Friday, with Dow futures dropping more than 250 points, as bond yields rose to multi-year highs and investors awaited key U.S. jobs data.
Bitcoin set for worst week since 2013 as crypto sell-off intensifies
LONDON (Reuters) – Cryptocurrencies plunged on Friday, with several of the largest falling by more than 20 percent and bitcoin sliding below $8,000 and headed for its worst week since 2013, as worries about a regulatory clampdown globally sent investor…
Breaking News, Murdoch edging towards solution to bring Sky in house
LONDON (Reuters) – Rupert Murdoch’s Fox is hoping the creation of an independent editorial board to protect the news channel at bid target Sky will satisfy regulators and allow it to finally take control of the European pay-TV group.
On Super Bowl Sunday, beer and pizza mainstays face challenges
SAN FRANCISCO (Reuters) – When Americans snack on pizza, beer and guacamole this Sunday as they watch the Philadelphia Eagles square off against the New England Patriots, the Super Bowl will not be the only contest going on in their living rooms.
LVMH chief Arnault’s adviser Pierre Gode dies aged 73
PARIS (Reuters) – Pierre Gode, a long-time adviser to Bernard Arnault, the multibillionaire boss of French luxury group LVMH , has died aged 73 after a long illness, the company said on Friday.
Stocks set for biggest weekly drop since late 2016 as bond yields rise
LONDON (Reuters) – World stocks were set to post their biggest weekly drop since late 2016 on Friday, as talk of central bank policy tightening and expectations of higher inflation boosted borrowing costs globally, a move that sparked a sell-off in sha…
Bitcoin slides further, headed for worst week since 2013
LONDON (Reuters) – Bitcoin fell 9 percent on Friday, leaving the best-known cryptocurrency down more than 30 percent this week and headed for its worst weekly performance since April 2013.
