Bitcoin falls to four-month low in persistent bearish trend

Bitcoin falls to four-month low in persistent bearish trend

NEW YORK (Reuters) - Bitcoin dropped to a more than four-month low on Friday, continuing a downtrend after more negative headlines such as Japan's financial regulator ordering six digital currency exchanges to make improvements on their anti-money laundering systems.

Oil jumps as OPEC agrees to modest output hikes

NEW YORK (Reuters) - Oil prices soared on Friday after oil producers agreed to modest crude output increases to compensate for losses in production at a time of rising global demand.

OPEC agrees modest hike in oil supply after Saudi and Iran compromise

VIENNA (Reuters) - OPEC agreed on Friday on a modest increase in oil production from next month after its leader Saudi Arabia persuaded arch-rival Iran to cooperate, following calls from major consumers to curb rising fuel costs.

OPEC reaches deal to raise oil output from July: source

VIENNA (Reuters) - OPEC agreed on Friday to raise oil production by around 1 million barrels per day from July for the group and its allies, an OPEC source said.

China's ZTE expected to take last step to lift ban: U.S. official

(Reuters) - China's ZTE Corp is expected to deposit $400 million in an escrow account in a U.S. bank in the "next couple of days," the last step the Chinese company must take before a ban on U.S. suppliers can be lifted, a U.S. Department of Commerce official told Reuters on Friday.

Trump threatens 20 percent U.S. tariff on EU car imports

WASHINGTON (Reuters) - President Donald Trump on Friday threatened to escalate a trade war with Europe by imposing a 20 percent tariff on all U.S. imports of European Union-assembled cars, a month after the administration launched an investigation into whether auto imports pose a national security threat.

Harley says EU duties could prompt price hikes

FRANKFURT (Reuters) - Harley-Davidson Inc could be forced to raise prices in Europe due to EU tariffs on U.S. goods, hitting buyers of new motorcycle models when they are shipped to dealers later in the year, the head of its central European business said.

Trump car tariffs could run European convertibles off U.S. roads

(Reuters) - In the years before he became president of the United States, Donald Trump owned luxury German cars. Now, pricey European convertibles are among the vehicles that could become rare on American roads if Trump's proposal to slap tariffs on imported cars takes effect.

Global shares climb, oil prices jump on OPEC news

NEW YORK (Reuters) - World shares rose on Friday but stayed on track for their biggest weekly decline in three months as global trade tensions continued, though oil prices surged after OPEC decided on a modest production increase.

British lawmakers call for probe of Lloyds, KPMG over HBOS fraud

(Reuters) - A group of British lawmakers on Thursday called for an investigation by law enforcement and regulatory agencies into the handling by Lloyds Banking Group of a fraud at its HBOS Reading unit more than a decade ago and into the role of auditor KPMG.

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