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MARKET SNAPSHOT: S&P 500, Nasdaq Close At Records As Stock Market Extends Win Streak To A 6th Day
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Friday, 26 May
OPEC, non-OPEC extend oil output cut by nine months to fight glut
1d ago - VIENNA (Reuters) - OPEC and non-members led by Russia decided on Thursday to extend cuts in oil output by nine months to March 2018 as they battle a global glut of crude after seeing prices halve and revenues drop sharply in the past three years.
GM is accused in lawsuit of cheating on diesel truck emissions
1d ago - General Motors Co  was accused in a lawsuit on Thursday of rigging hundreds of thousands of diesel trucks with...
Wilbur Ross seeks bigger budget for trade enforcement
1d ago - U.S. Commerce Secretary Wilbur Ross said on Thursday that a $5.5 million increase requested for the agency's...
Big drop in U.S. oil stocks finally on the way, traders say
1d ago - Oil traders and analysts are expecting large volumes of crude to draw from storage tanks across the United States in...
Italy rules out 'bail in' for investors in Veneto banks rescue
1d ago - Italy's economy minister sought to reassure investors on Thursday that they will not be hit in a rescue of two ailing...
Shell, ConocoPhillips oil sands share selloff risks flooding market
1d ago - Canadian equity markets risk being swamped with oil sands company shares this year as Royal Dutch Shell and...
Sears surges as cost cuts, asset sale help post profit
1d ago - Sears Holdings Corp  reported its first quarterly profit in nearly two years, as the retailer slashed costs by...
China's Lenovo returns to profit as supply shortages extend to batteries
1d ago - China's Lenovo Group Ltd, the world's largest personal computer maker, reported a return to profit on Thursday but...
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