Tyson Foods Inc (TSN.N), the No. 1 U.S. meat processor, reported a 21.3% slump in quarterly profit as a fire at two of its plants in the period disrupted chicken production, hurting sales volumes at the company's second-biggest business.
On May 3, 2017, Eurex, Europe’s largest derivatives exchange and part of Deutsche Börse Group, introduced futures on six iSTOXX Europe Factor Indices. The launch marks a major milestone, as for the first time European Factor Futures are listed with a tradeable order book on an exchange.
A slump in crude oil prices to the lowest in almost six months rattled markets on Friday, prompting a rally in safe-haven bonds, the yen and gold and taking the shine off a record-breaking week for world stocks.
Total nonfarm payroll employment increased by 211,000 in April, and the unemployment rate was little changed at 4.4%, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in leisure and hospitality, health care and social assistance, financial activities, and mining.
OPEC and non-OPEC oil producers look likely to extend their agreement to limit supplies beyond its June expiry to help clear a glut, three OPEC delegates said on Thursday, downplaying the chance of additional steps such as a bigger cut.