Friday, 27 April 2018

Russian oligarch retreats as sanctions slam his companies

Oleg Deripaska is loosening his control of two companies that have been hobbled by US sanctions.
CNNMoney Markets Now
 
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News: What you need to know about the markets
 
 
Russian oligarch retreats as sanctions slam his companies
Oleg Deripaska is loosening his control of two companies that have been hobbled by US sanctions. Read more »
 
Why Exxon isn't enjoying America's big oil party
The United States is enjoying soaring oil production yet ExxonMobil, its biggest player, appears to be in decline. Read more »
 
US economy grew modestly in the first quarter
The US economy grew at a rate of 2.3% in the first quarter, according to the Commerce Department's preliminary report on Friday. Read more »
 
Europe ready to hit back if Trump presses ahead with tariffs
German Chancellor Angela Merkel is making one final attempt to convince President Donald Trump to exempt the European Union from new US tariffs. Read more »
 
Amazon and the rest of Big Tech are on fire
Strong earnings from Amazon, Microsoft and Intel pushed the Nasdaq higher Friday. Amazon and Microsoft shares hit a record high in the process. It's been a solid earnings season for tech so far. Facebook and Netflix impressed as well. Read more »
 
$4.4 billion bailout could save GM in South Korea
The US automaker and South Korea's government said they will inject $4.4 billion into GM's loss-making operations in the country. Read more »
 
 
 
 
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