Oil rounded out its best monthly gain in six years on Thursday, with the two global benchmarks for crude rising between 20 and 25 percent in April, helped by a weaker dollar and bets that a supply glut would ease.
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Anemic U.S. factory data points to moderate growth bounce
U.S. factory activity failed to gain steam in April after slowing for five straight months and demand for automobiles softened, suggesting the economy was struggling to find momentum after growth almost stalled in the first quarter.
U.S. factory activity growth slows in April: Markit
Expansion in the U.S. manufacturing sector weakened in April as growth in output and new orders fell, according to an industry report released on Friday.
Shell pushes on with Arctic exploration as it awaits U.S. permit
Royal Dutch Shell is pushing ahead with plans to explore for oil in the Arctic Ocean near Alaska this summer despite opposition from environmental groups.
Tesla moves into batteries that store energy for homes, businesses
Tesla Motors Inc (TSLA.O) on Thursday unveiled Tesla Energy - storage systems or batteries for homes, companies and utilities that will expand its business beyond electric vehicles and tap into a fast-growing area of the energy industry.
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The euro zone ended four months of deflation in April with consumer prices unchanged from year-ago levels, removing the threat of persistent price declines as energy costs pushed up in the month.
In the 1980s when Sony and Toshiba were setting the agenda in the global TV and memory chip markets Japan was bristling with confidence as a hub of technological innovation.
U.S. crude oil hit a five-month high on Thursday as the dollar slipped to its lowest since February and as more evidence emerged of a gradual balancing of the U.S. domestic market.
General Motors (GM.N) on Thursday will announce a multibillion-dollar, multiyear investment in several U.S. manufacturing plants in a move to boost production and vehicle quality, a person familiar with the matter said.
Early adopters of the Apple Watch, Apple Inc's (AAPL.O) first new product in five years, are complaining that a number of its key functions are disrupted by their tattoos.
Ford Motor Co (F.N) said on Wednesday it is recalling more than 591,000 vehicles in North America for four separate problems, including possible broken bolts that could make steering more difficult.
Boeing (BA.N) plans to use newer and more standardised manufacturing techniques for its new 777X jetliner, paving the way for "significant" savings as it gradually feeds the changes back into existing assembly lines, a senior executive said.
China's top two trainmakers have been in discussions with Bombardier Inc (BBDb.TO) about possibly buying a controlling stake in the Canadian company's railway unit, two sources with direct knowledge of the matter said.
Euro zone officials sought to wring policy concessions from Greece on Wednesday to unlock urgently needed aid after Athens said it would present a list of reforms for legislation to show it is serious about implementing its promises.
