Oil near flat, Brent up modestly after two-day drop
NEW YORK (Reuters) – Crude futures ended little changed on Friday after signs Greece might have a deal by the weekend to avoid a debt default, while Iran faced continued difficulty in securing an nuclear agreement to end sanctions on its oil exports.
Ad executives cautious about growth, gear up for contract battle
CANNES (Reuters) – (This version of the story corrects figures on Publicis contract wins, paragraph 13)
FedEx says has requested EU approval for $4.9 billion TNT bid
BRUSSELS (Reuters) – FedEx has asked the European Union’s competition regulator to approve its 4.4-billion-euro ($4.9 billion) bid for Dutch rival TNT Express , the U.S. package delivery service company.
No longer so secret, Swiss banks look to expand after purge
ZURICH (Reuters) – Switzerland’s private banks are close to ridding themselves of undeclared European accounts, a salutary process but one which has undermined efforts to grow their businesses.
Pimco CEO says client anxiety fading after star manager’s departure
CHICAGO (Reuters) – Pimco’s chief executive officer said on Friday that improving flow trends showed the big bond firm is regaining client confidence after the departure of star manager Bill Gross last year led to billions of dollars of withdrawals.
U.S. consumer sentiment rises in June
NEW YORK (Reuters) – U.S. consumer sentiment jumped in June, according to a survey released on Friday.
Ferrovial, Macquarie put up for sale concession in Chicago toll road
MADRID (Reuters) – Spanish infrastructure group Ferrovial and Australia’s Macquarie have put up for sale their concession for the Chicago Skyway toll road in the U.S., a source with knowledge of the matter said on Friday.
Charter lists consumer benefits to win merger approval
(Reuters) – Charter Communications Inc formally argued for regulatory approval for its Time Warner Cable Inc and Bright House Networks deals, saying consumers would benefit as Internet services would become cheaper and faster.
Stocks fall before crunch weekend for Greece
LONDON (Reuters) – Global stocks fell on Friday as equity investors sought to cut exposure to risk after Greece and its creditors again failed to resolve their differences, paving the way for a last-ditch effort on Saturday to avert a default.
China e-commerce firm JD.com to launch credit-scoring rival to Alibaba’s
BEIJING/SHANGHAI (Reuters) – China’s No. 2 e-commerce firm JD.com Inc is launching a Chinese consumer credit data system as a joint venture with U.S. credit-scoring technology company ZestFinance, taking on a rival service linked to the larger Alibaba …
