Buiter on Bullard: His Brexit view is superficial
The view by the St. Louis Fed’s James Bullard that a Brexit doesn’t matter to the U.S. is “superficial,” Citigroup’s Willem Buiter says.
United Technologies says offer too low
The aerospace form United Technologies says a $90.7bn purchase offer from Honeywell understates United Technologies’ value.
US oil erases gains, closes at $32.78 a barrel
WTI closed lower in choppy trade, but still recorded weekly gains.
Short sellers hitting energy at near-crisis levels
Short sellers are piling into energy stocks at a rate close to what banks were seeing during the financial crisis.
UFC skips PPV, picks streaming for Silva v. Bisping
UFC Fight Night 83 will only be available on its digital streaming platform, UFC Fight Pass.
Mexico sticks to plan in new cheap oil world
Mexico will cut costs while also seeking foreign investors to fund drilling projects.
Apple’s Cook second most favorable tech CEO: Poll
Apple CEO Tim Cook holds the second-highest approval rating of tech CEOs in a poll of registered voters released Friday.
Gianni Infantino elected FIFA president
Gianni Infantino was elected the new president of embattled soccer governing body FIFA.
RBS shares slide as losses continue
Shares in Royal Bank of Scotland fall 7% after it reports a loss of £1.98bn for 2015, its eighth year of annual losses.
FTSE 100 rises despite RBS share fall
The London market continues to rally, but shares in RBS sink 8% after it reports another annual loss.