Thu Jan 14, 2016/Reuters U.S. stocks opened slightly higher on Thursday as oil prices rose and JPMorgan’s strong results boosted bank stocks. The Dow Jones industrial average was up 54.24 points, or 0.34 percent, at 16,205.65. The S&P 500 was up 6.09 points, or 0.32 percent, at 1,896.37 and the […]
Tag: Reuters
Asian shares skid as crude oil plumbs 12-year lows
Wed Jan 13, 2016/Reuters By Lisa Twaronite Asian shares skidded on Thursday in the wake of steep losses on Wall Street, while a rout in oil and commodities prices, with crude plumbing 12-year lows, heightened fears about the global economy. U.S. crude prices CLc1 were last down slightly at $30.47 […]
Nigeria’s “bad bank” AMCON seeks bids for stake in Peugeot plant
January 12, 2016/Reuters Nigeria’s state-backed AMCON “bad bank” said on Tuesday it plans to sell its majority stake in Peugeot Automobile Nigeria (PAN) Limited, a local joint venture with the major French automaker, and is seeking bids from investors. Peugeot Citroen is the technical partner to the Nigerian assembly plant, […]
