Shares of ride-hailing company Lyft Inc rose as much as 4 percent on Friday, setting the stock for its best day since its market debut last week, after short-seller Citron Research advised investors to hold on to the stock.
Investors will focus on falling profits, a more dovish Federal Reserve and lower interest rates as major U.S. banks kick off what analysts expect to be the first quarter of contracting corporate earnings since 2016.
President Donald Trump said on Friday the U.S. Federal Reserve should lower interest rates and take other unconventional measures to ease pressure on an economy that he said they slowed down.
Environmentalist and human rights groups said on Friday they had started a lawsuit against Royal Dutch Shell in the Netherlands to force the energy firm to cut its reliance on fossil fuels.
In a media interview on Friday (Apr 5), Mr Chan stressed the importance of diversifying the economy, so as to ensure that Singapore is "never held ransom" by any particular sector.
India's largest commercial oil company briefly stopped supplying fuel to Jet Airways on Friday, in a sign that the woes of the beleaguered carrier are far from over.
LONDON: Travel agents, London's transport network and finance houses were among the rising number of companies on Friday (Apr 5) to cut ties with businesses owned by Brunei to protest over the Sultanate's introduction of the death penalty for gay sex and adultery. The Muslim-majority former ...
US job creation came back to life in March, with a hiring surge in healthcare, bars and restaurants, while unemployment held steady and worker wages continued to climb, government data showed Friday.
BRUSSELS: Tensions over trade, investments and minority rights are preventing China and the EU from agreeing a joint declaration at a summit next week, multiple sources in Brussels said on Friday, sapping a European push for greater access to Chinese markets. Alarmed by potential Chinese dominance ...
U.S. employment growth likely rebounded from a 17-month low in March as milder weather boosted activity in sectors like construction, which could further allay fears of a sharp slowdown in economic growth in the first quarter.
