The Phillips 66 gas station in Superior, Colorado, U.S., July 27, 2017. REUTERS/Rick Wilking April 27, 2018 (Reuters) – U.S. oil refiner Phillips 66<PSX.N> posted a better-than-expected quarterly profit on Friday, helped by a 28 percent rise in net income from its chemicals unit. The refiner’s chemicals joint venture with […]
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Jeffrey Ubben steps down from Fox board
FILE PHOTO: The 21st Century Fox logo is displayed on the side of a building in midtown Manhattan in New York, U.S., February 27, 2018. REUTERS/Lucas Jackson/File Photo April 27, 2018 (Reuters) – Twenty-First Century Fox Inc <FOXA.O> said on Friday, Jeffrey Ubben has stepped down from the company’s board […]
China tightens rules on non-financial firms investing in financial institutions
FILE PHOTO: A woman walks past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, June 21, 2013. REUTERS/Jason Lee/File Photo April 27, 2018 BEIJING (Reuters) – China’s central bank and financial regulators have issued guidelines to strengthen supervision on non-financial companies investing in financial […]
Colgate’s sales disappoint, shares fall
FILE PHOTO: Colgate brand toothpastes are seen at the Safeway store in Wheaton, Maryland February 13, 2015. REUTERS/Gary Cameron/File Photo April 27, 2018 (Reuters) – Colgate-Palmolive Co’s <CL.N> quarterly sales just met analysts’ estimates on Friday as demand in emerging markets including Latin America was below its expectations, sending its […]
Hours into the job, Pompeo in Brussels for show of support for NATO
U.S. Secretary of State Mike Pompeo and NATO Secretary General Jens Stoltenberg attend a NATO foreign ministers meeting at the Alliance’s headquarters in Brussels, Belgium April 27, 2018. Virginia Mayo/Pool via Reuters April 27, 2018 By Lesley Wroughton and Robin Emmott BRUSSELS (Reuters) – Barely 12 hours after being sworn […]
Japan docks top finance bureaucrat’s pay for sexual harassment
Japan’s Vice Finance Minister Junichi Fukuda leaves the ministry after announcing his resignation in Tokyo, Japan in this photo taken by Kyodo April 18, 2018. Mandatory credit Kyodo/via REUTERS April 27, 2018 Tokyo (Reuters) – Japan’s finance ministry said on Friday it would dock the pay of its top finance […]
European shares eye fifth week of gains as results season gathers pace
The DAX (German stock index) logo is seen at the stock exchange in Frankfurt, Germany, March 23, 2018. REUTERS/Kai Pfaffenbach April 27, 2018 By Kit Rees LONDON (Reuters) – Well-received results from Spanish banks and a recovery among tech stocks buoyed European shares in early trading on Friday, setting them […]
Oil prices inch down but gain support from Iran concerns
Oil pumps are seen at sunset outside Vaudoy-en-Brie, near Paris, France April 23, 2018. REUTERS/Christian Hartmann April 27, 2018 By Shadia Nasralla LONDON (Reuters) – Oil prices edged lower on Friday as the dollar rose, but Brent was still headed for its third week of gains amid supply concerns should […]
France ready to review WTO rules if U.S. agree on tariff waiver
FILE PHOTO – French Minister for the Economy and Finance Bruno Le Maire arrives at panel on the security-development nexus during IMF spring meetings in Washington, U.S., April 20, 2018. REUTERS/Aaron P. Bernstein April 27, 2018 SOFIA (Reuters) – France’s finance minister said on Friday he was open to discussing […]
Nintendo teams up with Cygames to boost smartphone gaming
The Nintendo booth is shown at the E3 2017 Electronic Entertainment Expo in Los Angeles, California, U.S. June 13, 2017. REUTERS/ Mike Blake April 27, 2018 TOKYO (Reuters) – Japanese video game maker Nintendo Co said on Friday it has teamed up with Tokyo-based online games developer Cygames Inc, aiming […]