Two big trades in oil options worth nearly $60 million last week boosted volatility in that market and revived speculation among traders that U.S. producers are placing hedges to guard against another price rout this fall.
Sectors
China central bank eases policy again to support economy
China's central bank cut lending rates for the fourth time since November and trimmed the amount of cash that some banks must hold as reserves, stepping up efforts to support an economy that is headed for its poorest performance in a quarter century.
GE Capital, Senator Brown among April meetings for Fed Chair
Federal Reserve Chair Janet Yellen met with top executives from GE Capital (GE.N) prior to the company's move to shed financial assets, and she met with a top Democrat who opposes legislation aimed at Fed reform, her April calendar shows.
Google starts road tests of new self-driving car prototypes
Google Inc (GOOGL.O) said on Thursday it had started testing the latest prototypes of its self-driving cars on Mountain View, California roads, with safety drivers aboard.
IMF to Fed: Drop the dots
Now that International Monetary Fund head Christine Lagarde has told the Fed to wait to raise interest rates, the IMF staff has followed up with suggestions that the U.S. central bank remake its communications policy and, in a phrase, ditch the dots.
Latest News
Fiat Chrysler Automobiles (FCHA.MI) (FCAU.N) is a long way from making any offer to the shareholders of U.S. rival General Motors (GM.N) over a possible tie-up, FCA Chief Executive Sergio Marchionne said on Wednesday.
Alibaba Group Holding Ltd's financial affiliate launched on Thursday Internet bank MYbank, targeting the small- and medium-sized Chinese enterprises that have struggled to obtain credit from major financial institutions.
Oil prices were steady on Thursday as an unexpected build in U.S. gasoline inventories offset a higher than forecast draw in crude stocks.
U.S. lawmakers approved legislation key to securing a hallmark Pacific trade deal by a comfortable margin on Wednesday, advancing President Barack Obama's efforts to strengthen U.S. economic ties with Asia.
The United States and China urged each other on Wednesday to remove barriers to foreign investment, saying that business ties were vital to overall relations, although they appeared to achieve little beyond rhetoric at a high profile three-day meeting that was overshadowed by security rivalries.
Sentiment at some of Asia's biggest firms has deteriorated as a slowing Chinese economy, Greek sovereign debt crisis and looming U.S. interest rate hike create deepening concern about the state of the world economy, a Thomson Reuters/INSEAD survey showed.
Google Inc launched a free version of its music streaming service on Tuesday, as it sought to upstage the debut of Apple Inc's rival service next week.
As the big global banks and investment houses see it, almost every outcome of Greece's stand-off with its creditors leads to a weaker euro. So why isn't the single currency falling?
It could soon pay more to write lengthier books, if you are an author self-publishing on Amazon.com Inc's Kindle ebook platform.
