Boeing sets the end of the 747 jumbo jets
On Thursday, Boeing Co (BA.N) announced that the company is pulling the plug on its hulking 747 jumbo jets, ending a half-century run for the twin-aisle pioneer.
According to the aerospace company, the last 747 jumbo jets would roll out from ...
Aussie retail sales advance in May as economy resumes
May had seen Australian retail sales hitting a record level, official data showed on Friday. This followed after coronavirus-related lockdowns were lifted, allowing the entire sector to reopen and recover from a historic drop monitored in ...
Oil prices fall as new virus cases weigh on demand recovery
Oil prices fell on Friday, losing earlier gains, as the surge of new coronavirus cases in the United States raised concerns about fuel demand recovery.
Brent crude futures lost 0.7%, or 29 cents, at $42.85 per barrel. U.S. West Texas ...
U.S. stock futures gain ahead of critical jobs report for June
U.S. stock index futures rose on Thursday, ahead of the much-awaited jobs report that could signal further evidence of an economic rebound in June. However, gains remained limited by the record surge in daily COVID-19 cases.
Dow e-minis gained ...
Dollar drops to one-week lows
The dollar fell to a one-week low on Thursday as positive data on U.S. and European recovery lifted risk appetite, adding to the support provided by the latest breakthrough in the COVID-19 vaccine.
The dollar index dropped 0.4%. However, it ...
Oil rises on sharp drop in crude inventories
Oil prices bounced on Thursday as a steep decline in oil inventories outweighed concerns that a surge in new coronavirus cases in the U.S. could stall demand recovery.
Brent crude futures rose 0.6%, or 25 cents, at $42.28 per barrel. U.S. ...
Asian stocks jump on vaccine optimism, U.S. payrolls eyed
Asian shares tracked Wall Street higher on Thursday. This followed even though sentiment was dull ahead of U.S. employment data. Meanwhile, copper prices recorded six-month highs on a bright global outlook and supply concerns in top ...
European shares kick off the new quarter with subdued gains
On Wednesday, European stocks rose at the start of a new quarter as investors monitored the economic data which could signal the extent of a potential economic recovery as countries emerge from lockdown measures. However, the surging coronavirus ...
Oil gains after U.S. crude stocks plunge
Oil prices rose on Wednesday after U.S. crude inventories fell more than expected, hinting at an improving demand amid the resurgence of coronavirus.
Brent crude gained 0.8%, or 33 cents, at $41.60 per barrel. U.S. crude added 1.1%, or 42 ...
