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Oil traded near $53 a barrel on Tuesday, close to a two-month high, supported by signs that a persistent inventory glut is starting to ease and strong global demand, although stronger OPEC production kept a lid on gains.
Oil climbed towards $53 a barrel on Tuesday, reaching a two-month high, supported by signs that a persistent supply glut is starting to ease amid strong demand and OPEC-led production curbs.
Eurozone economy grew by a robust quarterly rate of 0.6 percent in second quarter, annual rate of 2.1 percent
Eurozone economy grew by a robust quarterly rate of 0.6 percent in second quarter, annual rate of 2.1 percent.
The media may be awash in stories describing the White House as being in chaos — especially with a communications director who lasted 11 days — but President Trump has a drastically different view: “Highest Stock Market EVER, best economic numbers in years, unemployment lowest in 17 years, wages raising, border secure, S.C.: No WH chaos!”
German authorities say the country's unemployment rate ticked up to 5.6 percent last month in a typical seasonal increase at the start of the summer holiday, but the underlying trend remained healthy.
The maker of Peugeot and Citroen cars has finalized its $2.5 billion takeover of General Motors' European brands Opel and Vauxhall, and named new management to chart an attempted turnaround plan.
Sony's fiscal first quarter profit nearly quadrupled compared to a year ago, boosted by its lucrative image sensor and other businesses and highlighting a gradual recovery at the Japanese electronics and entertainment company.
Oil producer BP says second-quarter earnings slipped 5 percent as the company took a writedown for a stalled project in Angola.
Federal judges on Monday rejected a request by North Carolina voters who sued over General Assembly district boundaries to hold special elections next March in new districts once lines are redrawn to eliminate illegal racial gerrymandering.
BP on Tuesday returned to profit in the second quarter and demonstrated its ability to generate cash again.