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Oil prices log worst week since February as concerns over Middle East supply risks fade
Oil futures finished lower Friday — with easing concerns over potential supply disruptions in the Middle East, strong U.S. production and signs of slowing demand prompting prices to register their largest weekly percentage loss since early February.MarketWatch - Business -
Cocoa futures turn bitter as prices drop 30% from record highs
Cocoa futures on Friday marked a drop of 30% from their all-time highs, as a buying frenzy that lifted prices to a record just two weeks ago gave way to expectations for better crop conditions and worries about a drop in demand.MarketWatch - Business -
Interest rate cut bets rise as US job creation slows; FTSE 100 at record high – business live
Rolling coverage of the latest economic and financial news, as latest US non-farm payroll shows weakening job creation. Newsflash: The UK’s services sector has posted the fastest business activity growth in almost a year, reinforcing hopes that ...The Guardian - World -
U.S. Natural Gas Futures Snap Three-Week Losing Streak
U.S. natural gas futures posted their biggest weekly gain since January, supported by reports of rising LNG feedgas flows, lower U.S. production, and forecasts for hot weather in Texas next week that should drive up demand from the power sector.The Wall Street Journal - World -
The OECD said the global economy could suffer a significant setback if an escalation of conflict in the Middle East were to push oil prices sharply higher.
The OECD said the global economy could suffer a significant setback if an escalation of conflict in the Middle East were to push oil prices sharply higher.The Wall Street Journal - World -
The FTC said former Pioneer CEO Scott Sheffield attempted to collude with OPEC officials to raise oil prices and referred the allegation to the Justice Department for a potential criminal probe.
The FTC said former Pioneer CEO Scott Sheffield attempted to collude with OPEC officials to raise oil prices and referred the allegation to the Justice Department for a potential criminal probe.The Wall Street Journal - World -
Jobs Report in Focus as Investors Seek Rate Clues
Stock futures ticked higher ahead of an employment report that is expected to show labor-market growth slowing in April.The Wall Street Journal - World -
Jerry Seinfeld, ‘Hacks,’ and the Future of Comedy in a Digital World
Jerry Seinfeld thinks “PC crap” is ruining comedy. Hacks proves him wrong.Wired - Tech -
Verstappen: Newey exit won't affect my future
Max Verstappen said Adrian Newey's imminent departure will not have an impact on his immediate future.ESPN - Sports -
Pochettino criticises 'stupid' rumours on Chelsea future
Chelsea head coach Mauricio Pochettino says that he does not know whether his contract will be extended beyond next year, and calls for the "stupid rumours" about his future to end.BBC News - Top stories - Premier League -
SPDR Gold Shares Inch Lower Following Jobs Report
Gold prices edged lower, with April’s lower-than-expected jobs gains giving investors hope that the economy is finally cooling down.The Wall Street Journal - World -
Bombardier Sets Course Beyond Jet Making for Future Growth
The Canadian business-jet manufacturer said it plans to focus on three segments—defense, aftermarket services and selling pre-owned certified aircraft—as key pillars to grow its revenue and cash reserves in the coming years.The Wall Street Journal - World -
Florida sees thriving future if climate resilience managed, research finds
Florida wildlife corridor will spearhead climate resilience if allowed to evolve and essential preparatory work done, study says. Climate predictions in Florida, for the most part, make pretty grim reading. Rising oceans threaten to submerge most ...The Guardian - World - Florida -
Shari Redstone, a media scion weighing the future of her ravaged empire
The Paramount executive must decide on whether to sell the family business and to whomFinancial Times - Business -
Esther, Future Fair and NADA New York Reviews: Gems Hunting
New York Art Week’s many fairs often fell flat, but with so much art on view it was still possible to find exciting works among the noise.The Wall Street Journal - World - New York -
Bombardier Sets Course Beyond Jet Making for Future Growth
The Canadian business-jet manufacturer said it plans to focus on three segments—defense, aftermarket services and selling pre-owned certified aircraft—as key pillars to grow its revenue and cash reserves in the coming years.The Wall Street Journal - Business -
‘I can’t see a bright future’: under-30s on politics and voting in UK elections
Some are optimistic about a change of government after the next general election, while others are frustrated at the choices. Joshua Holmes, 29, from Barton Hill, Bristol, went out to vote in the local elections on Thursday afternoon.. “The ...The Guardian - World - United Kingdom