[ad_1] NEW YORK (Reuters) – Oil futures rose on Friday as tensions over Iran and an extension to output cuts by OPEC and its allies boosted prices, but mixed economic data limited the rally. FILE
Fugitive U.S. tech guru: Cryptocurrency is next Cuban revolution
[ad_1] HAVANA (Reuters) – On the run from U.S. tax authorities, tech guru John McAfee puffs a cigar aboard his towering white yacht in a Havana harbor and says he can help Cuba evade the
Wall Street dips as rate cut expectations relax
[ad_1] (Reuters) – U.S. stocks dipped on Friday, as the S&P 500 snapped a three-day streak of record closes, following an unexpectedly strong U.S. payrolls report that led investors to reassess how dovish a stance
Global Markets: Tempered expectations of Fed rate cut sink stocks globally
[ad_1] NEW YORK (Reuters) – A strong U.S. jobs report that tempered expectations of an aggressive interest rate cut by the Federal Reserve later this month and weak economic data in Germany helped push global
U.S. job growth surges, July rate cut expectations intact
[ad_1] WASHINGTON (Reuters) – U.S. job growth rebounded strongly in June, with government payrolls surging, but persistent moderate wage gains and mounting evidence the economy was losing momentum could still encourage the Federal Reserve to
Oil prices rise on Iran tensions, OPEC output cuts
[ad_1] NEW YORK (Reuters) – Oil futures rose on Friday as tensions over Iran and an extension to output cuts by OPEC and its allies boosted prices, but mixed economic data limited the rally. FILE
India considering relaxing foreign investment rules for several sectors
[ad_1] NEW DELHI (Reuters) – The Indian government on Friday said it will consider further liberalizing foreign direct investment (FDI) rules in certain sectors, part of its efforts to make Asia’s third-largest economy a more
Brent oil rises on Iran tensions and OPEC, U.S. crude slips
[ad_1] NEW YORK (Reuters) – Brent oil prices edged up on Friday, supported by tensions over Iran and a decision by OPEC and its allies to extend an output supply cut deal until next year,
India plans $10 billion bank recapitalisation, help for shadow lenders
[ad_1] MUMBAI/NEW DELHI (Reuters) – The Indian government on Friday announced a fresh capital infusion of about $10 billion into debt-burdened state banks and credit guarantees to support shadow lenders in a bid to boost
Exit of Deutsche Bank’s investment bank chief marks end of era
[ad_1] FRANKFURT (Reuters) – The head of Deutsche Bank’s investment bank agreed to step down on Friday in a sign of the division’s waning influence as Germany’s largest lender prepares a multi-billion dollar restructuring aimed