Brent crude oil rose to around $61 a barrel on Friday as fighting in Libya and Iraq stoked output worries, while traders kept a close eye on Iran nuclear talks that could eventually bring more supply to world markets.
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Wall Street ends lower as jobs data may bring rate hike sooner
U.S. stocks closed lower on Friday and the S&P 500 declined for a second straight week after a strong monthly jobs report as investors bet that the Federal Reserve could raise interest rates sooner than previously expected.
Silicon Valley debate on self-driving cars: do you need a map?
The Silicon Valley race to build a self-driving car may revolve around one simple question: to map or not to map. The company at the forefront of the race, Google Inc, is creating intricate maps that detail every tree and curb along the road - an expensive endeavor that other companies could find difficult to match.
Japan's FamilyMart, UNY study convenience store merger
FamilyMart Co Ltd (8028.T) and UNY Group Holdings Co Ltd (8270.T) said on Friday they were considering a merger that would create Japan's second-biggest convenience store chain, rivaling industry leader Seven-Eleven Japan.
'Made in China' nuclear reactors a tough sell in global market
As China signs global deals to export its nuclear power technology, it faces a huge obstacle: it still needs to show it can build and safely operate these reactors at home.
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Iran said oil prices would not rise above $60 a barrel until 2016 and that it would increase crude exports if Western sanctions over its nuclear program were lifted, the semi-official Mehr news agency reported on Friday.
Nirvana singer Kurt Cobain's childhood home in Washington state is on sale for $400,000, complete with drawings he made on the bedroom wall, a realtor said on Wednesday.
Costco Wholesale Corp is working toward eliminating the sale of chicken and meat from other animals raised with antibiotics that are vital to fighting human infections, senior executives at the third-largest U.S. retailer told Reuters on Thursday.
Amazon.com Inc has opened an online store on Alibaba Group Holding Ltd's fast-growing online marketplace, Tmall.com as it seeks to expand in China, an Alibaba spokesman said.
Revised fourth-quarter Japanese data on Monday is likely to show capital spending was slightly stronger than expected, but overall economic growth was little changed from initial estimates, confirming the economy only managed to limp out of recession.
Apple Inc (AAPL.O) has allowed some companies to test their apps on its yet-to-be-launched Apple Watch and adjust the tools to the watch's design, Bloomberg reported.
Business software maker SAP SE (SAPG.DE) will cut about 2,250 posts, or around 3 percent of its global workforce, while creating a similar number in expanding parts of the company, as it accelerates a push to sell its products via the Internet.
The dollar held pole position in Asia on Friday as bulls wagered a looming U.S. jobs report would add to the chance of rate hikes there, even as the European Central Bank embarks on a trillion euro campaign of bond-buying.
U.S. employment likely rose strongly in February with the jobless rate slipping, signs that could encourage the Federal Reserve to consider hiking interest rates in June.
