SINGAPORE Crude futures rose about 1 percent on Friday after American inventories fell for a fourth straight week although prices are set for a weekly drop on a stronger dollar.
A brutal winter, plunging investment by energy companies and a widening trade gap likely combined to shrink the U.S. economy at the start of the year.
SHANGHAI May 29 China stocks opened mixed on Friday after a sharp plunge on Thursday, when benchmark indexes dropped over 6 percent in record high turnover on concerns over margin finance and liquidity.
In an appearance marking his return to the public eye, Richard Fuld Jr. insisted he doesn't want to play “woulda, coulda, shoulda” about the collapse of Lehman Brothers Holdings Inc. But the former chief executive, speaking Thursday to a crowd of more than ...
Avago Technologies Ltd agreed on Thursday to buy Broadcom Corp for $37 billion in the largest merger of chipmakers ever, turning a lesser known company run by a ferocious dealmaker into one of the biggest industry players.