Oil Holds Modest Loss as Risk-Off Tone Counters Lower Stockpiles
Oil was little changed near $88 a barrel as a significant slowdown in the US economy in the first quarter countered a bigger-than-expected drawdown in American stockpiles.
Oil was little changed near $88 a barrel as a significant slowdown in the US economy in the first quarter countered a bigger-than-expected drawdown in American stockpiles.
Nasdaq Inc.’s profit fell for the first time in a year as firms continue to wait for the economy to stabilize before going public.
Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of one of its best-known handbags to more than €10,000 ($10,725).
Chipotle Mexican Grill Inc. is telling its employees not to include chicken in their own meals, as surging customer demand has crimped supply.
A US insurance firm with at least $2 billion in exposure to Thames Water Utilities Finance Plc is working with bondholders and advisers to protect their interests ahead of potential debt talks, according to people familiar with the matter.
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