Oil Falls, Posts Nearly 5% Weekly Loss On Growth Concerns
By Arathy Somasekhar HOUSTON (Reuters) -Oil slipped on Friday, posting a weekly loss of nearly 5%, on the prospect of…
Headlines
Indonesia Bans Palm Oil Exports As Global Food Inflation Spikes
By Fransiska Nangoy JAKARTA (Reuters) -Indonesia, the world’s top palm oil producer, announced plans to ban exports of the most…
Plan to ban menthol cigarettes prompts late lobbying blitz
WASHINGTON (AP) — As federal officials finalize a long-awaited plan to ban menthol cigarettes, dozens of interest groups have met…
Why Fed worries about the strongest US job market in decades
WASHINGTON (AP) — Chair Jerome Powell isn’t as pleased with the robust U.S. job market as you might think he’d…
Amsterdam Trade Bank, Part Of Russia’s Alfa Bank, Declared Bankrupt
By Toby Sterling AMSTERDAM (Reuters) – Amsterdam Trade Bank (ATB), a subsidiary of Russia’s Alfa Bank, has been declared bankrupt,…
Oil Falls On Growth Concerns, Shanghai Lockdown
By Arathy Somasekhar HOUSTON (Reuters) -Oil slipped on Friday and headed for a weekly decline, burdened by the prospect of…
Fed Seen Going Big And Then Bigger On Rate Hikes Ahead
(Reuters) – The Federal Reserve is poised to follow a half-of-a-percentage point interest rate hike in May with two even…
Yellen Says Lowering U.S. Tariffs On Chinese Goods ‘worth Considering’
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Friday said it was worth considering taking steps to lower U.S….
Wall St Tumbles As Weak Earnings, Rate Hike Worries Weigh
By Bansari Mayur Kamdar and Anisha Sircar (Reuters) – U.S. stocks tumbled on Friday after some weak earnings reports, with…
Schlumberger Reports Higher Profit As Drilling Activity Increases, Hikes Dividend
By Rithika Krishna and Liz Hampton (Reuters) – Top oilfield services firm Schlumberger reported a higher first-quarter profit on Friday…