Futures Movers Oil Pulls Back from Recent Gains But Traders Remain Optimistic on China Demand
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Oil prices post back-to-back gains, but lackluster gasoline demand raises concerns
Oil futures finished higher on Thursday, building on the gain seen in the previous session after U.S. data showed an unexpected drop in last week’s crude supplies — though weakness in domestic gasoline demand raised concerns over the outlook for ...MarketWatch - Business -
Société Générale among French and UK banks pulling back from Africa
Institutions had touted Africa as a growth market that would bolster their sustainability credentialsFinancial Times - World - United Kingdom -
Oil prices on track for weekly gain
Oil futures are on track for weekly gains, taking back some of the ground lost last week as fears of a broader Middle East war faded.MarketWatch - Business -
Shareholders Pressure Barclays to Pull Back on Financing for Fracking
The bank recently updated its climate policy, but activist investors weren’t entirely satisfied.The Wall Street Journal - World -
'Battling' Doncic bounces back as Mavs pull even
Luka Doncic recovered from his poor showing in the opener as Dallas beat Oklahoma City on Thursday night to even the Western Conference semifinals at one win apiece.ESPN - Sports -
China’s First Oil Shipment From Niger Stymied by Border Dispute
Yahoo News - World - China -
Papa John’s sold more pizza, but people pulled back on sides and drinks
Papa John’s stock sank toward a four-year low Thursday, after the pizza chain reported the biggest quarterly revenue miss in more than five years, amid a decline in the number of transactions and deliveries.MarketWatch - Business -
SoundHound’s losses exceed revenue, but stock gains as voice-AI demand picks up
The company raised the lower bound of its full-year forecast.MarketWatch - Business -
Singapore oil trader convicted of abetting forgery and cheating HSBC
Octogenarian founder of Hin Leong Trading hid huge losses in futures markets from banksFinancial Times - World -
Bank 'optimistic' as it edges closer to summer cut
Its comments came as UK interest rates were left unchanged at a 16-year high of 5.25%.BBC News - Top stories -
Attorneys, family of slain airman demand transparency from police officers
Civil rights attorney Ben Crump on Thursday said Florida police officers violated the constitutional rights of Roger Fortson, a 23-year-old active-duty senior airman who was fatally shot by a Florida sheriff’s deputy on May 3. Speaking from ...The Hill - Politics -
Bank holds rate but says it's 'optimistic' things moving in right direction
The governor of the Bank says it needs to "see more evidence" of falling inflation before cutting the base rate.BBC News - Top stories -
New Zealand's Manufacturing Sector Remains in Contraction
The country’s manufacturing sector showed tentative signs of recovery in April, but remained in contraction, according to the latest BNZ — BusinessNZ Performance of Manufacturing Index.The Wall Street Journal - World - New Zealand -
Colorado-based abortion fund sees rising demand. Many are from Texas, where procedure is restricted
A Colorado abortion fund said Thursday it’s helped hundreds access abortion in the first months of 2024, the majority arriving from Texas where abortion is restrictedABC News - Health - Abortion -
Brazil is reeling from catastrophic floods. What went wrong – and what does the future hold?
In the country’s south, up to half of the annual predicted rain fell in just 10 days – the third such event in a year. Experts say it is time to plan for a new normal. Photographs by Daniel MarencoWhen the torrential rain began to swallow her city ...The Guardian - World -
At a Dinner, Trump Assailed Climate Rules and Asked $1 Billion From Big Oil
At a private meeting at Mar-a-Lago, the former president said fossil fuel companies should donate to help him beat President Biden.The New York Times - Top stories - Donald Trump -
Bread loaves recalled in Japan after 'rat remains' were found
Loaves of bread have been taken off store shelves in Japan after the remains of “a small animal” believed to be a rat were foundABC News - Top stories - Japan -
Warner Bros. Discovery Remains 'Hopeful' It Can Keep NBA Rights
The cable-network owner’s chief executive said the company has the ability to match third-party offers for NBA packages.The Wall Street Journal - World - NBA -
Warner Bros. Discovery Remains 'Hopeful' It Can Keep NBA Rights
The cable-network owner’s chief executive said the company has the ability to match third-party offers for NBA packages.The Wall Street Journal - Business - NBA -
Rat remains found in bread sparks Japan recall and refunds
Pasco has recalled 104,000 packs of sliced bread after rat remains were found in its products.BBC News - Top stories - Japan -
European companies in China are under pressure from slower growth, overcapacity
European companies are finding it harder to make money in China as growth slows and overcapacity pressures increase, according to an annual business survey.CNBC - Business - China -
The U.S. is now Germany’s biggest trading partner — taking over from China
After years of China being Germany’s main trading partner, the U.S. quietly overtook that spot in the first quarter of the year, data calculations show.CNBC - Business - China -
Private Equity, Business Groups Rip Canada’s Capital-Gains Tax Hike
Yahoo News - World -
AMC is gaining market share, but debt sparks analyst concern
AMC, the movie-theater chain that obtained meme-stock status, has billions of dollars in debt due in the next few years.MarketWatch - Business -
A Startling Secret Helps Atly Gain Ground on Google Maps
A community focused on location-based search makes better recommendations.Inc. - Business - Google -
College football coaching carousel: What recent hiring trends could tell us about new coaches in 2024 season
It's hard to predict success in college football, but there are some interesting trends that apply to recent hiresCBS Sports - Sports - College Football -
The NBA MVP curse? Nikola Jokic, Nuggets trying to defy recent history as they face 2-0 deficit vs. Wolves
The league's MVP winners have made it out of the second round only once over the past five yearsCBS Sports - Sports - NBA -
2024 NFL Draft first-round rookie contract tracker: Saints' Taliese Fuaga most recent player to sign
A rundown of the rookie contracts for the first-round picks of the 2024 classCBS Sports - Sports - NFL