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Global stocks push higher as oil takes wild ride

Cooling U.S. rate hike expectations helped world shares notch up solid gains on Monday, though they came off highs as investors concluded an oil market pact between Saudi Arabia and Russia lacked substance. Oil surged as much 5 percent on news the two mega producers had signed a deal to...

Barclays nabs JPMorgan's Throsby to head investment bank

Britain's Barclays (BARC.L) has hired JPMorgan (JPM.N) banker Tim Throsby to head its Corporate and International division, ending a six-month search for the number two job under Chief Executive Jes Staley. Throsby, 50, will also run Barclays' investment banking business within that...

Biggest jump in a month for stocks as oil boils

World shares saw their biggest jump in over a month on Monday and the dollar slipped, after weaker-than-expected U.S. jobs figures gave investors another excuse to push back Federal Reserve interest rate rise expectations. European shares touched a four-month high led by mining and oil firms...