NEW YORK (Reuters) - U.S. stock index futures climbed on Friday, adding to a sharp rally in the previous session that returned the S&P 500 and Nasdaq to positive territory for the year and putting major indexes on track to break a three-week streak of declines.
(Reuters) - McDonald's Corp , the world's biggest restaurant chain, reported a 7.3 percent fall in quarterly sales as it struggled to recover from a food scandal in China and battled tough competition in the United States.
(Reuters) - BNY Mellon Corp and State Street Corp, the world's two largest custody banks, said on Friday their fourth-quarter profits got a boost from a surge in volume and volatility in foreign currency markets.
LONDON (Reuters) - Oil prices rose on Friday after the death of Saudi Arabia's king added to the uncertainty in global oil markets, although the new ruler indicated immediately there would be no policy change.
(Reuters) - General Electric Co reported a 9 percent rise in quarterly industrial profit on Friday as its businesses that sell power-generating turbines and jet engines helped offset weak sales in its oil and gas unit.
MADRID/HONG KONG (Reuters) - Li Ka-shing's Hutchison Whampoa Ltd has agreed to buy Telefonica's British mobile unit O2 for up to 10.25 billion pounds ($15.4 billion), hastening the consolidation of Britain's telecoms industry.
LONDON/BEIJING (Reuters) - Businesses across Asia and Europe have slashed prices at the start of the year to drum up trade, surveys showed on Friday, a day after the European Central Bank voted to print money in a bid to revive inflation.
NEW YORK (Reuters) - U.S. banks, after spending much of the last year bracing themselves for higher bond yields, are now resigning themselves to at least another few quarters of low rates, executives and analysts said.
SHANGHAI (Reuters) - Allegations that Chinese authorities hacked into Microsoft Corp's Outlook email service are "groundless slander", the official Xinhua news agency quoted Beijing's cyberspace regulator as saying late on Thursday.
WASHINGTON (Reuters) - Federal Reserve policymakers, already struggling to assure investors that they remain on track for a mid-year interest rate rise, will find the task has just become harder with their peers in Europe and elsewhere headed in the opposite direction.