Oil prices flat, bounce off lows on Libya supply questions
NEW YORK (Reuters) – Oil prices were flat on Monday, falling early on worries about Chinese demand but then recovering from session lows on questions about potential reductions in crude supply from Libya.
World shares, dollar rise after week of North Korea-driven losses
LONDON (Reuters) – World stocks rose on Monday, recovering some of their poise after fears of a U.S.-North Korea nuclear standoff drove them to the biggest weekly losses of 2017, while the dollar too rose off four-month lows it had hit against the yen….
China a sweet spot for U.S. companies’ earnings in second-quarter
SHANGHAI (Reuters) – Trade tensions between Washington and Beijing may be running high but Corporate America is finding China to be a reliable source of profit growth this year.
Exclusive: Arab bloc won’t discriminate against U.S. firms in Qatar rift – sources
DUBAI (Reuters) – Four Arab countries that imposed sanctions on Qatar have told the United States that U.S. companies doing business with them would not be punished for also working with Doha, four sources with knowledge of the matter said.
North Korea factories humming with ‘Made in China’ clothes, traders say
DANDONG, China (Reuters) – Chinese textile firms are increasingly using North Korean factories to take advantage of cheaper labor across the border, traders and businesses in the border city of Dandong told Reuters.
Iran in talks to buy 48 Airbus helicopters: report
DUBAI (Reuters) – Iran is holding talks with European planemaker Airbus to buy 48 helicopters for civilian use, an Iranian official was on Saturday quoted as saying, as Iran continues its shopping spree of Western aircraft after the lifting of sanction…
Anthem to exit Obamacare market in Virginia next year
(Reuters) – U.S. health insurer Anthem Inc said on Friday it will exit Obamacare markets in Virginia and reduce its plan offerings in Washington and Scott counties and the city of Bristol next year.
Pentagon’s empty posts cause uncertainty for defense contractors
WASHINGTON (Reuters) – U.S. President Donald Trump’s failure to fill dozens of senior-level positions at the Pentagon is making it difficult for defense contractors to forecast business.
Lockheed Martin wins $8 billion U.S. special forces contract
WASHINGTON (Reuters) – Lockheed Martin Corp has won an $8 billion U.S. defense contract for global logistics support services for special operations forces, the Pentagon said on Friday.
Uber, beset by scandal, faces battle over ‘destructive’ lawsuit
SAN FRANCISCO (Reuters) – Ride-services company Uber is facing a divided board of directors and angry shareholders after investor Benchmark Capital filed a lawsuit against the company’s ousted chief executive, Travis Kalanick, dealing another blow to t…
