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Oil futures settled firmer on Thursday, building on the previous day’s gains that came after the US government data showed sizable weekly declines in crude supplies and production.

Oil futures settled firmer on Thursday, building on the previous day’s gains that came after the US government data showed sizable weekly declines in crude supplies and production. Crude also saw support from news that Saudi Arabia plans to trim oil production after this summer. West Texas Intermediate crude for September delivery added $0.22 to • Read More »



The FTSE ended Thursday modestly higher on the back of strong corporate results from heavyweights in various sectors, including the likes of Shell, RBS and Astrazeneca.

The FTSE ended Thursday modestly higher on the back of strong corporate results from heavyweights in various sectors, including the likes of Shell, RBS and Astrazeneca. This was despite the US Federal Reserve’s decision to leave the door open to possible rate increases in September which, which could add to the pressure on the Bank • Read More »


Most European markets closed firmer on Thursday as investors weighed German and US data along with upbeat company earnings reports.

Most European markets closed firmer on Thursday as investors weighed German and US data along with upbeat company earnings reports. Germany’s harmonized consumer price index rose an annualized 0.1% in July, in line with the previous month and forecasts. The German unemployment rate held steady at 6.4% in July. However, the number of unemployed people • Read More »


Dow Jonesin a choppy session after data

Stocks in the US finished little changed on Thursday’s in a choppy session after data showed the economy picked up its pace in the second quarter, leaving the Federal Reserve on track to raise interest rates as soon as September and weekly jobless claims remained near their lowest level in decades. Economic activity in the • Read More »



MarketWatch First Take: Lynda.com fails to mask the issues at LinkedIn

LinkedIn went on a roller coaster ride Thursday after the company’s better-than-expected earnings, as a fast start from acquisition Lynda.com only briefly masked a sputtering display ad business and static usage for the professional-networking site. Source: Marketwatch Top Stories




Netflix CEO wants to take over the world

Netflix is looking to challenge some of the most creative minds in the business, in its quest to become the gold standard of content while continuing to lead in streaming technology. Source: Marketwatch Top Stories