NEW YORK: Oil rose more than 3 percent on Friday as a rally in the dollar faded and as data from Thursday that showed a fourth straight weekly drop in US crude stockpiles helped drive the market.
VIENNA: OPEC will meet next week amid rising global demand and a reduction in supply, which are both helping to support prices, two OPEC officials said after pre-meeting talks.
LONDON: Oil prices are likely to stay relatively weak for the rest of this year due ample supply from traditional Middle East producers and a resurgence of US shale production, a Reuters survey foreca
PARIS: Air France faces its second safety investigation in as many weeks after pilots were forced to recover in mid-takeoff after entering the wrong data into the computer of a cargo jet, airline and
NEW YORK: Intel Corp. has resumed negotiations to buy smaller chip maker Altera Corp. and is close to a $16 billion acquisition agreement, people familiar with the matter said.
KARACHI: Pakistani stocks ended higher on Friday, with the benchmark 100-share index of the Karachi Stock Exchange up 0.90 percent, or 293.31 points, to close at 33,056.79.
TOKYO: Toshiba Corp.
NEW YORK: Female CEOs are outpacing their male colleagues in pay, although they remain vastly outnumbered in the top echelons of American companies.
NEW YORK: US banking giant JPMorgan Chase will cut thousands of jobs in a cost-shaving program aimed at saving $5 billion through 2017, a person close to the situation said.
NICOSIA: Recession-hit Cyprus recorded a 15 percent hike in key tourism revenue in March, the first rise in income this year, official data showed.
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