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  • WTI, Brent oil settle at highest levels since 2019 after OPEC+ decision
    MarketWatch

    WTI, Brent oil settle at highest levels since 2019 after OPEC+ decision

    U.S. and global benchmark crude-oil prices log their highest settlements since 2019 on Friday, up more than 7% for the week, a day after the Organization of the Petroleum Exporting Countries and its allies said they would rollover current production cuts to the end of April.

  • Reuters

    GLOBAL MARKETS-Wall Street surges on jobs data, global equity markets regain ground

    Wall Street and a gauge of global equity markets on Friday recovered from earlier losses as investors took stock of a report that showed faster-than-expected U.S. jobs growth but which had previously stoked inflation concerns. Trading was frantic across the globe, as Asian markets dropped overnight while MSCI's all-country index was on its longest losing streak in six months before clawing back. "The market is consolidating itself around what is likely to be some pretty healthy robust economic growth and inflation-related readings out of the economy for the balance of 2021," said Jeff MacDonald, Head of Fixed-Income Strategies, Fiduciary Trust International in New York.

  • Boeing unveils new executive performance metrics tied to product safety
    Reuters

    Boeing unveils new executive performance metrics tied to product safety

    The planemaker said its Chief Executive Officer David Calhoun had a take-home pay of $269,231 in 2020 after he agreed to forgo his pay and incentive bonus in March last year as the COVID-19 pandemic set in, according to a proxy filing. When Calhoun took over as Boeing's CEO in January 2020, he was also entitled to two supplemental equity awards worth $17 million, but they were not eligible to be vested last year, according to the company. The disbursal of a portion of the equity awards is linked to the safe return to service of the 737 MAX jets, and the successful entry into service of the 777X aircraft, among other conditions, Boeing said.