Oil prices advanced on Friday and were heading for a second week of gains amid growing confidence that demand for fuel is starting to pick up despite the coronavirus pandemic that has slammed economies worldwide. Brent crude was up 14 cents, or 0.3%, at $45.10 by 0043 GMT, heading for a gain of about 1.6% this week.
Stocks Drop Despite Fall in Jobless Claims. The Dow and S&P 500 slipped as data showed fewer Americans applied for jobless benefits and lawmakers in Washington remained far apart on a spending plan. Seizes Iranian Fuel Cargo for First Time.
The U.S. government is threatening to delist Chinese companies that do not meet U.S. accounting standards, but mainland firms are rushing to offer their shares on New York exchanges, sometimes in blockbuster deals.
The U.S. government is threatening to delist Chinese companies that do not meet U.S. accounting standards, but mainland firms are rushing to offer their shares on New York exchanges, sometimes in blockbuster deals.
One day after declaring he was committed to fiscal responsibility, Brazil's President Jair Bolsonaro raised the prospect on Thursday of breaking with a constitutionally-mandated ceiling on government spending. "The idea of breaking the ceiling exists.
Aareal Bank AG: * DGAP-ADHOC: AAREAL BANK SELLS 30 PER CENT STAKE IN IT SUBSIDIARY AAREON TO ADVENT INTERNATIONAL. * FINANCIAL TERMS OF SALE ARE BASED ON AN ENTERPRISE VALUE FOR AAREON OF APPROXIMATELY EUR 960 MILLION. * PURCHASE PRICE FOR 30% STAKE OF APPROXIMATELY EUR 260 MILLION, PAYABLE IN CASH. * AAREAL BANK GROUP WILL REALISE A CAPITAL GAIN OF APPROXIMATELY EUR 180 MILLION FROM TRANSACTION.
Asian shares were set for a largely flat start on Friday as markets weighed a pause in Wall Street's multi-month stock rebound and awaited the release of Chinese economic data later in the session. Australian S&P/ASX 200 futures were down 0.05%, while Japan's Nikkei 225 futures were up 0.06% after the Nikkei 225 index closed up 1.78% at 23,249.61 on Thursday.
Asian shares were set for a largely flat start on Friday as markets weighed a pause in Wall Street's multi-month stock rebound and awaited the release of Chinese economic data later in the session. Australian S&P/ASX 200 futures were down 0.05%, while Japan's Nikkei 225 futures were up 0.06% after the Nikkei 225 index closed up 1.78% at 23,249.61 on Thursday.
Automotive Properties Real Estate Investment Trust: * AUTOMOTIVE PROPERTIES REIT REPORTS FINANCIAL RESULTS FOR SECOND QUARTER OF 2020. * QTRLY RENTAL REVENUE $18.8 MILLION VERSUS $16.4 MILLION. * QTRLY FFO PER UNIT $0.222. * QTRLY AFFO PER UNIT $0.205 Source text for Eikon: Further company coverage:
Asian shares were set for a largely flat start on Friday as markets weighed a pause in Wall Street's multi-month stock rebound and awaited the release of Chinese economic data later in the session. Australian S&P/ASX 200 futures were down 0.05%, while Japan's Nikkei 225 futures were up 0.06% after the Nikkei 225 index closed up 1.78% at 23,249.61 on Thursday.
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