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Yahoo

World - Markets Right Now: Energy sector leads gains in stocks


NEW YORK (AP) The Latest on developments in financial markets (all times local):


Thursday, May 05, 2016  17:12

Yahoo

Business - Oil rallies as Canada fire, Libya violence unleash supply fears


By Amanda Cooper LONDON (Reuters) - A wildfire threatening Canada`s oil sands region and escalating tensions in Libya sparked concern among investors over a near-term supply shortage, driving crude oil prices up by 3 percent on Thursday. Brent crude futures rose $1.58 on the day to $46.20 a barrel by 1355 GMT (8:55 a.m. ET), while U.S. West Texas Intermediate (WTI) futures rose $1.66 to $45.44. `The difference today compared with a year ago is the market is starting to price in supply disruptions, whereas in a market that is totally oversupplied, you don`t care about losing half a million barrels a day (in production),` Petromatrix strategist Olivier Jakob said.


Thursday, May 05, 2016  15:23

USATODAY

Technology - The best cameras you can buy right now


With all the cameras on the market, we help you choose the best of the best.


Thursday, May 05, 2016  17:13

CNN

Market - Donald Trump: `I`m the king of debt`


Donald Trump says he`s not afraid of debt -- he even dubbed himself the `king of debt` -- but he is concerned about how higher rates will impact the national debt.


Thursday, May 05, 2016  16:54

CNN

Market - Nice kicks! Adidas is way hotter than Nike


Adidas shares have soared despite the FIFA scandal and weakness in its golf unit. Sales are surging around the world. And Adidas has snagged some high profile athletes as endorsers to step up its game against Nike and Under Armour.


Thursday, May 05, 2016  16:17

CNN

Market - Famed investor sounds the crisis alarm on U.S., China


Hedge fund billionaire Stanley Druckenmiller warned on Wednesday at the Sohn Investment Conference a debt-fueled disaster is coming in the U.S. and China.


Thursday, May 05, 2016  15:23

CNN

Market - Raging wildfire in Canada fuels oil prices


A huge fire that has forced the evacuation of the entire oil sands town of Fort McMurray, Canada is creating turmoil in the oil market, lifting crude above $46 a barrel. The forest fire threatens key production facilities in the area, some of which have already been taken offline.


Thursday, May 05, 2016  18:42

Yahoo

Business - Oil rallies as Canada fire and Libya violence threaten supply


A huge wildfire near Canada`s oil sands region and escalating tensions in Libya stoked concern among investors over a near-term supply shortage, driving crude prices up for the first time in a week on Thursday. Brent crude futures rose $1.19 on the day to $45.81 a barrel by 0845 GMT, while U.S. West Texas Intermediate (WTI) futures rose $1.45 to $45.23. `The difference today compared with a year ago is the market is starting to price in supply disruptions, whereas in a market that is totally oversupplied, you don`t care about losing half a million barrels a day (in production),` Petromatrix strategist Olivier Jakob said.


Thursday, May 05, 2016  10:20

Yahoo

World - Britain`s BT Group to invest £6.0 bn to extend superfast Internet


Telecoms and television broadcasting firm BT Group on Thursday said it planned to invest £6.0 billion ($8.7 billion, 7.6 billion euros) over three years to extend superfast Internet connections across Britain. The announcement comes as the British group, which goes head-to-head with Sky for live TV coverage of English Premier League football, announced a 15-percent hike in annual pre-tax profits to more than £3.0 billion. During its 2015-16 financial year ending in March, BT completed its £12.5-billion takeover of mobile phone operator EE, previously owned by French group Orange and Deutsche Telekom.


Thursday, May 05, 2016  10:20

Yahoo

World - Markets Right Now: European markets gets some respite


LONDON (AP) The Latest on developments in financial markets (all times local):


Thursday, May 05, 2016  10:02

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