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U.K.'s May Leads Emergency Meeting on Gulf Shipping Security

(Bloomberg) — Prime Minister Theresa May is leading a meeting of the U.K.’s emergency committee to discuss the security of shipping in the Persian Gulf, after Iran seized a British oil tanker in the Strait of Hormuz last week.May and the committee of top officials and ministers, dubbed …

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U.K.'s May Leads Emergency Meeting on Gulf Shipping Security

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Boeing’s $14 billion Singapore Air order does not fill 777, 787 gap: CEO

Boeing Co must sell more 777 and 787 jetliners to keep production plans on track, despite a $13.8 billion order that landed earlier on Thursday, its chief executive said. The order from high-profile customer Singapore Airlines is a strong endorsement of both planes, and…

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Boeing’s $14 billion Singapore Air order does not fill 777, 787 gap: CEO

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Russia expects OPEC to ask non members to consider joining output curb

MOSCOW (Reuters) – Russian Energy Minister Alexander Novak said he expected the Organization of Petroleum Exporting Countries (OPEC) to propose that non-OPEC nations consider joining the group in limiting output. “We are waiting for the proposals

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Russia expects OPEC to ask non members to consider joining output curb

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Fed’s Fischer says job gains solid, expects growth to pick up

Job gains in the United States remain solid and growth should pick up in the second half of the year, Fed Vice Chair Stanley Fischer said on Sunday in remarks that indicate the central bank remains on track for a December rate increase. The United States is “close to full employment,” Fischer said in remarks prepared for delivery to the Group of 30, a panel of current and former central bankers, regulators and academic economists, during the annual meetings of the International Monetary…

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Fed’s Fischer says job gains solid, expects growth to pick up