Oil rose above $60 a barrel on Friday for the first time this year, bringing its gain this week to almost 4 percent, supported by signs that deeper industry spending cuts may curb excess supply.
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Apple is working on creating a car: WSJ
Apple Inc (AAPL.O) has a secret lab working on the creation of an Apple-branded electric car, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Japan considering ending currency swap pact with South Korea: source
Japan is considering ending its 14-year-old, $10 billion currency swap agreement with South Korea amid a deterioration in relations between the two countries, a government source told Reuters on Saturday.
U.S. eases restrictions on imports from private Cubans
The United States on Friday eased restrictions on imports of goods and services from private Cuban entrepreneurs as part of Washington's rapprochement with Havana after more than half a century of enmity.
Venezuela to announce change in fuel policy 'soon'
Venezuela will announce a change of policy soon on gasoline, the finance minister said in an interview broadcast on Friday, signaling the OPEC nation is moving ahead with along-awaited hike in the world's cheapest fuel.
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Greece will make every effort to reach an agreement with its euro zone partners at Monday's meeting of euro zone finance ministers on how to transition to a new support program, its government spokesman said on Friday.
Reaching a deal on Greece's emergency financing will be possible at the technical level, but a political agreement with the country's new leftist-led government will be "very difficult" the chairman of euro zone finance ministers said on Thursday.
Xiaomi [XTC.UL], China's largest smartphone company, will begin selling headphones, smart wristbands and other accessories online in the United States in coming months, taking its first tentative step onto Apple Inc's home turf without its signature Mi mobile devices.
Bank of Japan policymakers meet next week for that most delicate of monetary missions - raising inflationary expectations without scaring households into cutting back consumption.
Oil prices rallied sharply on Thursday after two days of losses as news of deeper industry spending cuts and a sinking U.S. dollar revived buying.
Exxon Mobil Corp's (XOM.N) push to persuade workers at its Beaumont, Texas refinery to sign a five-year contract, nearly twice as long as the last one, is part of an effort to avert labor stoppages during a possible expansion that could make it the largest such plant in the United States, sources familiar with refinery operations said.
General Motors Co (GM.N) has turned to two investment banks to help it come up with a response to a shareholder group demanding $8 billion in stock buybacks and a seat on the board of the No. 1 U.S. automaker, the company told Reuters.
An oil tanker has docked at Libya's port of Hariga for the first time since security guards ended a strike this week and a storm passed, a port official said on Thursday.
The aerospace industry is shifting more manufacturing investment to the United States after a decade in which production jobs in the sector flowed to China and other emerging economies, according to a new study.
