| | | U.S. job growth slows; unemployment rate drops to 4.3 percent | | | WASHINGTON (Reuters) - U.S. job growth slowed in May and employment gains in the prior two months were not as strong as previously reported, suggesting the labor market was losing momentum despite the unemployment rate falling to a 16-year low of 4.3 percent. |
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| | | Oil slides as U.S. climate withdrawal compounds glut concerns | | | LONDON (Reuters) - Brent crude tumbled below $50 on Friday, heading for a second straight week of losses, on worries that U.S. President Donald Trump's decision to abandon a climate pact could spark more crude drilling in the United States, worsening a global glut. |
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| | | Linde shares seen up after boards agree Praxair merger | | | WUERZBURG, Germany (Reuters) - Shares in Germany's Linde looked set to top the blue-chip DAX index on Friday after the company's boards agreed a $73 billion merger with U.S. peer Praxair to create the world's biggest industrial gases group. |
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| | | World stocks set to end the week at all-time highs | | | LONDON (Reuters) - World stocks hit record highs, having gained 11 percent so far this year, and the dollar recovered more ground on Friday as upbeat U.S. economic data allayed concerns over growth ahead of payrolls figures due out later in the day. |
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| | | Spotify stock listing could be within a year-source | | | STOCKHOLM (Reuters) - Streaming music service Spotify could be floated within a year, a source familiar with the matter told Reuters on Friday, after co-founder Martin Lorentzon told Swedish radio a listing was not in the pipeline. |
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| | | Munich prosecutors expand Audi investigation | | | MUNICH/BERLIN (Reuters) - Munich prosecutors said they have widened an investigation at Audi to examine the carmaker's sales in Germany and elsewhere in Europe after the federal government accused the Volkswagen division of cheating on emissions tests in its home market. |
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| | | Pennsylvania pipeline fight could upend international oil flows | | | NEW YORK (Reuters) - Refiners from the Midwest United States are fighting for access to a vital Pennsylvania pipeline – a move that could cripple their East Coast competitors and redraw the map for international flows of crude and fuel into coveted coastal markets. |
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