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Updated: 23 min 31 sec ago

Wall Street opens higher after strong jobs data, calmer tone on trade

47 min 44 sec ago
U.S. stocks opened higher on Friday, after data showed domestic job growth increased by the most in 10 months in November, adding to an upbeat mood after President Donald Trump said the trade talks with China were "moving right along".

Instant View: U.S. Nov payrolls up by most in 10 months

57 min 14 sec ago
U.S. job growth increased by the most in 10 months in November as former striking workers returned to General Motors' payrolls and the healthcare industry stepped up hiring, confirming that the economy remained on a moderate expansion path despite a prolonged manufacturing slump.

Exclusive: China's SenseTime expects $750 mln 2019 revenue despite U.S. ban - sources

1 hour 17 min ago
Chinese artificial intelligence (AI) start-up SenseTime, which Washington put on a trade blacklist in October, expects its 2019 revenue to increase by more than 200% year-on-year to around $750 million, two sources familiar with the matter said.

Trade war goes digital: countries eye tariffs on Internet economy

1 hour 19 min ago
A 20-year global moratorium on imposing tariffs on digital trade could end next week if India or South Africa makes good on threats, according to trade officials and documents, potentially forcing people to pay duties on software and movie downloads.

What deeper OPEC+ oil output cuts mean for the market

1 hour 26 min ago
OPEC and allied oil producers plan deeper oil output cuts to help avert oversupply and support prices in the first quarter of 2020.

Futures jump after stronger-than-expected November jobs data

1 hour 38 min ago
U.S. stock index futures jumped on Friday, after data showed domestic job growth rose by the most in 10 months in November, adding to an upbeat mood after President Donald Trump said the trade talks with China were "moving right along".

Exclusive: China's SenseTime expects $750 million 2019 revenue despite U.S. ban: sources

1 hour 43 min ago
Chinese artificial intelligence (AI) start-up SenseTime, which Washington put on a trade blacklist in October, expects its 2019 revenue to increase by more than 200% year-on-year to around $750 million, two sources familiar with the matter said.

U.S. nonfarm payrolls increase by the most in 10 months

1 hour 44 min ago
U.S. job growth increased by the most in 10 months in November as former striking workers returned to General Motors' payrolls and the healthcare industry stepped up hiring, confirming that the economy remained on a moderate expansion path despite a prolonged manufacturing slump.

Aston Martin CEO says shareholders in it for the long-term, not soliciting participation

1 hour 57 min ago
Aston Martin's two major shareholders are in it for the long term and the company is not actively soliciting participation, the firm's boss said on Friday after a media report said Lawrence Stroll, owner of Formula One team Racing Point, is preparing a bid for a major stake.

Aston Martin opens new factory to build key first SUV

2 hours 20 min ago
Aston Martin opened a new factory in Wales on Friday which will build the British automaker's first sport utility vehicle, key to its hopes of a turnaround after a poor performance this year sent shares tumbling.

Fed voters a less-hawkish bunch in 2020, lowering bar for U.S. rate cut

2 hours 27 min ago
The bar for cutting U.S. interest rates may get a little lower next year when a new crop of central bankers rotate into voting spots on the Federal Reserve's policy-setting panel as part of its annual membership reshuffle.

Saudi Aramco shares to start trading December 11: Tadawul exchange

2 hours 39 min ago
Saudi Aramco shares will start trading on Dec. 11, the Saudi securities exchange Tadawul said on Twitter on Friday.

Saudi, Russia win over oil producers to deeper cuts

2 hours 40 min ago
By Shadia Nasralla, Olesya Astakhova and Bozorgmehr Sharafedin

Futures inch up after Trump comments; November jobs data eyed

2 hours 59 min ago
U.S. stock index futures edged higher on Friday as comments from President Donald Trump that trade talks with China were "moving right along" helped set a calmer tone ahead of the Labor Department's much anticipated monthly jobs report.

OPEC+ agrees to 500,000 bpd additional cut, to meet in March: sources

3 hours 16 min ago
OPEC and allied oil producers, the so-called OPEC+, have agreed to deepen their output cuts by 500,000 barrels per day, sources said on Friday.

As United Airlines seals CEO succession plan, eyes turn to American

3 hours 20 min ago
With United Airlines Holdings Inc unveiling on Thursday plans for industry veteran Scott Kirby to take the helm as chief executive officer next year, investors are turning to succession plans at another carrier: American Airlines Group Inc .

H&M's brand COS to test clothing rentals in China with YCloset

3 hours 45 min ago
H&M , the world's second-biggest fashion group, said on Friday its brand COS had teamed up with Chinese subscription rental platform YCloset to try renting out clothes in the country as environmentally conscious consumers rein in purchases.

Exclusive: China's Dongfeng plans partial sale of PSA stake - sources

3 hours 55 min ago
China's Dongfeng Motor will likely trim its stake in Peugeot owner PSA after hiring banks to study options, people close to the matter said, in a move that could ease the French carmaker's planned merger with Fiat Chrysler .

China-built Tesla cars secure new energy vehicle subsidies

4 hours 2 min ago
Tesla Inc said on Friday its Chinese-built Model 3 cars would receive state subsidies, a move that will help the U.S. electric vehicle maker's push into the world's biggest auto market.

Jurors expected to begin deliberating in Elon Musk defamation trial

4 hours 12 min ago
Jurors were expected to begin deliberating in Los Angeles on Friday in the lawsuit brought against Elon Musk by a British cave explorer who says the Tesla founder defamed him with tweets suggesting he is a pedophile.

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