Wall St. climbs as oil jumps after Gulf tanker attacks

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Wall St. climbs as oil jumps after Gulf tanker attacks

U.S. stocks rose on Thursday after two days of declines, as energy shares rebounded with oil on concerns of a supply disruption following attacks on two tankers in the Gulf of Oman.

Uber, Bird loses bid for U.S. tariff relief on Chinese-made bikes, scooters

The U.S. Trade Representative's Office rejected Uber Technologies Inc's request for relief from 25% tariffs imposed on Chinese-made electric bicycles, according to a May 29 letter.

Philip Green's Arcadia avoids collapse as creditors back deal

Philip Green's Topshop-to-Dorothy Perkins fashion empire staved off a collapse into administration on Wednesday as creditors approved his sweetened restructuring plan.

Oil surges on tanker attacks; stocks rise on Fed rate cut expectations

Oil futures rose on Thursday after attacks on two tankers off the coast of Iran, while the U.S. Treasury yield curve steepened and stocks rose following economic data seen as strengthening the case for the Federal Reserve to cut interest rates this year.

Target expands same-day shipping as delivery war heats up

Target Corp on Thursday expanded its same-day delivery options for online shoppers, intensifying the race among retailers to deliver orders faster.

U.S. judge sets pre-trial hearing next week for Sprint/T-Mobile deal

The judge hearing a complaint from state attorneys general seeking to stop T-Mobile US Inc from buying Sprint Corp for $26 billion will hold a pre-trial hearing next week.

U.S. healthcare stocks shielded from political pressures prove profitable

U.S. healthcare investors have found success this year buying stocks of companies whose products improve eyesight, treat pets and fix crooked teeth, all viewed as unlikely to fall victim to political and regulatory issues pressuring a wide swath of the sector.

Canada rejects idea of halting extradition of top Huawei executive to United States

Canadian Foreign Minister Chrystia Freeland on Thursday dismissed a suggestion that Ottawa block the extradition of a top executive from China's Huawei Technologies Co Ltd to the United States, saying it would set a dangerous precedent.

Huawei files to trademark mobile OS around the world after U.S. ban

China's Huawei has applied to trademark its "Hongmeng" operating system (OS) in at least nine countries and Europe, data from a U.N. body shows, in a sign it may be deploying a back-up plan in key markets as U.S. sanctions threaten its business model.

Airbus in talks with Indigo Partners on A321XLR sale: sources

Airbus is in talks with U.S.-based private equity firm Indigo Partners about a potential sale of its new A321XLR passenger jet, industry sources said on Thursday.

U.S. denies Tesla, Uber 25% tariff relief on components, e-bikes

The Trump administration is expanding its efforts to block the use of Chinese technology in advanced vehicles, denying additional requests by Tesla Inc for tariff relief on key components of its electric vehicles, and rejecting ride hailing company Uber's petition to waive tariffs on electric scooters.

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