European shares climbed on Thursday, as encouraging economic data from across the globe and hopes of a COVID-19 vaccine lifted sentiment ahead of the crucial U.S. jobs data.
U.S. pipeline company Energy Transfer has taken the rare step of invoking force majeure - normally used in times of war or natural disaster - to prevent oil firms from walking away from a proposed expansion of the controversial Dakota Access pipeline, according to two sources familiar with the...
Every day, energy merchants collect and scrutinize whatever information they can find on fuel demand to get a trading edge: from satellite data tracking oil tankers worldwide to thermal images from cameras on pipelines and storage tanks.
St. Louis Federal Reserve president James Bullard told the Financial Times that a wave of "substantial bankruptcies" triggered by the coronavirus pandemic could lead to a financial crisis.
The U.S. economy likely created jobs at a record clip in June as more restaurants and bars resumed operations, which would offer further evidence that the COVID-19 recession was probably over, though a surge in cases of the coronavirus threatens the fledgling recovery.
Sina Weibo, China's answer to Twitter, said it has deleted Indian Prime Minister Narendra Modi's account at the request of the Indian embassy, as tensions between the two countries continue to simmer over a border skirmish.
American Airlines Group Inc warns it is overstaffed by about 8,000 flight attendants and might reduce its workforce through early retirements and voluntary leaves as the carrier looks to weather a hit to business from the COVID-19 pandemic.
Twenty advocacy groups from the United States, Europe, Latin America and elsewhere signed a statement Wednesday urging regulators to be wary of Google's US$2.1 billion bid for fitness tracker company Fitbit Inc because of privacy and competition concerns.
The chief executives of the four U.S. tech giants - Amazon.com, Facebook, Alphabet's Google and Apple - will testify before the U.S. Congress in late July as part of an ongoing antitrust probe into the companies, according to two sources familiar with the matter.
Apple Inc said it would re-close more than two dozen stores in seven states starting Thursday, including its home state of California, bringing total closures to 77 as coronavirus cases continue to rise.
