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Oil prices rise on strong U.S. demand

Brent crude oil rose on Wednesday as strong demand and falling stockpiles in the United States pushed prices higher.

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General Motors

GM to source medium-duty trucks from Isuzu from 2016: sources

General Motors Co (GM.N) will re-enter the U.S. medium-duty truck market next year with Chevrolet-branded vehicles supplied by Japanese truck maker Isuzu Motors Ltd (7202.T), people familiar with the matter said on Monday.

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Li Keqiang

China to extend economic diplomacy to EU infrastructure fund

China will pledge a multi-billion dollar investment in Europe's new infrastructure fund at a summit on June 29 in Brussels, according to a draft communique seen by Reuters - Beijing's latest round of chequebook diplomacy to win greater influence.

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Wingstop Restaurant Corp's IPO

Texas chicken-wing chain Wingstop takes flight in debut

Shares of Wingstop Inc (WING.O), a Dallas-based chicken wing restaurant chain, rose nearly 70 percent in their market debut on Friday, valuing the company at $914 million.

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Facebook logo

Facebook earns 51 percent of ad revenue overseas - executives

Overseas markets bring in more advertising revenue than the United States for Facebook Inc, amounting to 51 percent of global ad sales in the first quarter, with growth in Asia the fastest in the world at 57 percent, company executives told Reuters.

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Currency exchange

Hong Kong markets watchdog to boost cooperation with foreign counterparts

Hong Kong's securities regulator said on Friday it will propose laws boosting cooperation with its foreign counterparts, at a time when the emergence of a number of cross-border fraud and corruption scandals make such collaboration vital.

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T-Mobile

Dish and T-Mobile US in merger talks - WSJ

Dish Network Corp (DISH.O) and T-Mobile US Inc (TMUS.N) are in talks over a merger that would combine the second-largest satellite TV operator in the United States with the fourth-largest wireless carrier, the Wall Street Journal reported.

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OPEC

OPEC likely to keep output unchanged at June 5 meeting: delegates

OPEC is likely to keep its output target unchanged when it meets on Friday because the global oil market appears to be in good shape and prices are expected to firm up from current levels, a senior Gulf OPEC delegate told Reuters.

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Athens, Greece

Crunch time for Greece; U.S. and Chinese data in focus

Years of uncertainty and economic pain spent keeping Greece in the euro zone boils down in June to a handful of make-or-break debt repayments, while a raft of key data in the next few days will point to the progress of the global economy.

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In new trend, European fund firms become banks in all but name

Australian Symon Drake-Brockman is on the front line of a revolution in European finance. The former head of global debt markets at Royal Bank of Scotland (RBS.L) now runs Pemberton Asset Management in London's genteel Belgravia, several miles from the "Square Mile" City of London financial district where bankers work.

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Citibank Corporate headquarters

Citi keeps top spot in FX trading as European banks slump: poll

European banks Deutsche Bank, Barclays and UBS have seen their market share in foreign exchange trading slump in the past year, as U.S. banks led by Citigroup (C.N) grabbed business, according to widely watched industry rankings.

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Time Warner Cable

Charter's $56 billion Time Warner Cable deal to face U.S. scrutiny

Charter Communications Inc, seeking to remake the U.S. cable television industry by acquiring larger rival Time Warner Cable Inc for $56 billion, will try to skirt the regulatory obstacles that helped sink Comcast Corp's earlier bid for Time Warner Cable.

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Pumpjack

Oil drops below $65 on U.S. shale outlook, dollar

Oil fell below $65 a barrel on Tuesday, pressured by the possibility that U.S. shale oil producers could increase drilling activity and by a stronger dollar.

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Dollar

Dollar back in vogue on CPI boost, Yellen's comments

The dollar hit a one-month high against a basket of major currencies on Monday after stronger-than-expected underlying U.S. inflation bolstered the Federal Reserve's case for an interest rate hike later this year.

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Pump jack

Oil prices edge down as dollar strengthens

Crude oil futures edged lower toward $65 a barrel as the dollar strengthened on Monday, with a public holiday in the United States and much of Europe keeping trading muted.

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