October 4, 2019

BP to make Bernard Looney CEO as climate challenge looms

Bernard Looney, who will replace Bob Dudley as chief executive of BP when he retires next year, faces the tricky task of navigating the energy major […]
October 4, 2019

‘Sahm Rule’ enters Fed lexicon as fast, real-time recession flag

Astronomers get to name comets and biologists get to name species, but come up with something cool in economics and you might be memorialized with a […]
October 4, 2019

U.S. states fight back against Purdue’s bid to halt opioid lawsuits

U.S. state officials are due on Friday to launch a counterattack against OxyContin maker Purdue Pharma LP over its attempt to shield the company and its […]
October 4, 2019

Factbox: Dudley departure forms part of change of guard at UK Plc

BP on Friday appointed its head of upstream Bernard Looney as chief executive to succeed Bob Dudley when he retires next year, the latest in a […]
October 4, 2019

Oil edges up but still set for big weekly loss on demand worries

Oil prices rose on Friday but were still on track for a second consecutive weekly loss after sliding on fears that slower global economic growth would […]
October 4, 2019

Exclusive: U.S. helps Mastercard, Visa score victory in Indonesia in global lobbying effort

U.S. trade officials, at the request of card networks Mastercard and Visa , convinced Indonesia late last year to loosen rules governing its new domestic payment […]
October 4, 2019

India’s SpiceJet could take more of Jet Airways’ 737 MAX planes: chairman

Indian low-cost carrier SpiceJet Ltd may consider taking some of the Boeing 737 MAX planes that were due to be delivered to now bankrupt Jet Airways […]
October 4, 2019

After bruising week, global stocks make fragile gains ahead of U.S. jobs data

Global stocks were slightly higher on Friday, clawing back some ground lost in their worst week for months, and safe haven assets rose ahead of a […]
October 4, 2019

SoftBank’s plans for second mega-fund hit by WeWork debacle

SoftBank Group founder and CEO Masayoshi Son is struggling to raise money for a second massive technology investment fund in the wake of the failed public […]
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