Business

Energy shares lead Asian stocks higher on OPEC output deal

The informal meeting was held on the sidelines of an IEA meeting in a bid to stabilise prices that have been battered by a stubborn supply glut since 2014. Brent crude, the worldwide standard, slipped 10 cents to $49.14 a barrel in London. Together, the three largest global producers extract a third of the world's oil.

Business

What does OPEC's tentative deal mean for oil?

After seeing the crash in oil prices force a cutback of USA domestic production of more than one million barrels a day, the tentative OPEC pact could deliver some relief to United States drillers. That's not even the highest price so far this year - and it's still way below the $100-plus range seen in previous years. The drug developer said an experimental schizophrenia treatment failed in a late-stage clinical trial, as the drug did not work any better than a placebo.

Business

Apple to create London HQ at Battersea Power station

A total of 42 acres is being developed with around half the area earmarked for shops, restaurants and hotels and half for housing, including some apartments which are on sale for several million pounds. The lease accounts for about 40 percent of the office space within the development, which is backed by Sime Darby Bhd, SP Setia Bhd Group and the Employees Provident Fund.

Business

SABMiller shareholders approve AB InBev deal

SABMiller inched up 0.09% to 4,469 pence in London, valuing the whole of its equity at £72.5 billion. AB InBev chief executive Carlos Brito welcomed the backing and confirmed the group will be called AB InBev following the merger. Previous year the beer maker brought in $9.22 billion in profit. A United Kingdom court last month ordered a split of SABMiller's shareholder base, separating Altria and the Santo Domingo family from the wider investors.

Business

Lufthansa Board Approves Brussels Airlines Takeover

But changes could be on the way for Brussels Air as it becomes fully owned by the Lufthansa Group, whose subsidiaries also include Eurowings, Swiss and Austrian Airlines. The approval paves the way for the German flagcarrier's full ownership of Brussels Airlines. Germany's Lufthansa says it is taking over Brussels Airlines, exercising its option to acquire the remaining 55 percent stake in its parent company, SN Airholding.

Business

U.S. consumer confidence jumped in September

Consumers' views about current economic conditions and expectations about future economic conditions both rose in the survey, a development which economists said should help boost consumer spending and the overall economy in coming months. Moreover, those expecting a drop in incomes to decreased to 10.3% from 11.0%. Lynn Franco, director of economic indicators at the Conference Board , said in a release that job market confidence influenced the increase.


Begin ← Back 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 Forward → End