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Failed Pepsi, Nivea Ads Show Industry's Diversity Problem

Recent high-profile advertising missteps by Pepsi and skin-care company Nivea underscored anew Madison Avenue's awkward relationship with racial diversity at a time when the United States is becoming less white.

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London Finance Chief Upbeat after Brexit Trigger

The outlook for London's financial sector has improved since Brexit was triggered, insists the man charged with its policy, even as banks remain set to move some jobs abroad.

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China Probes Chief of Top Insurance Regulator

China has opened an investigation into the head of its top insurance regulatory body, the anti-corruption watchdog said Sunday in an announcement that could signal problems for some of the country's most powerful companies.

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S. Africa to Re-Think Nuclear Deal after Junk Status

South Africa's ruling party on Sunday said the government will have to re-think its costly and highly contentious nuclear expansion program following last week's relegation of the country's creditworthiness to junk.

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Uber Smartphone Apps Provisionally Banned in Italy

An Italian court on Friday banned the use of smartphone apps for the ride-hailing group Uber, saying they contribute to traditional taxis facing unfair competition, local media reported.

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Defense Stocks, Oil Boosted by US Attacks on Syria

Wall Street stocks finished modestly lower Friday following a disappointing US jobs report, while Pentagon missile strikes on Syria lifted defense shares and oil prices.

Gold prices, a traditional safe haven in times of turbulence, also rallied following the Syria action, while global stock markets were mixed.

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Global Markets Roiled by U.S. Attacks on Syria

Global stocks markets fell on Friday, as investors sought out safe havens such as gold and the yen after U.S. missile strikes on Syria fanned geopolitical concerns.

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U.S. Unemployment Rate near 10-Year Low, but Job Creation Falters

The U.S. unemployment rate fell in March to 4.5 percent, its lowest level in nearly 10 years, but job creation tumbled unexpectedly, underscoring the challenges President Donald Trump faces to fulfill his 25-million-job pledge.

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Greece Agrees Reforms to Break Bailout Impasse

Greece agreed on a fresh set of reforms with its eurozone creditors on Friday with hopes that Athens could unlock bailout cash in time to avert a debt default just months away.

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Asian Energy Firms Rally with Oil after US Strikes Syria

Asian energy shares rallied with oil prices Friday after the US launched missile strikes on Syria, fanning geopolitical concerns in the crude-rich Middle East and raising the prospect of friction with Russia.

Eyes are also on Florida as Chinese President Xi Jinping and Donald Trump move into day two of a relationship-building summit, which comes after months of accusations by the US tycoon that Beijing was killing US jobs and manipulating its currency.

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