News / 

World markets mixed ... Crude rises ... Chinese artificial intelligence



Estimated read time: 1-2 minutes

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

TOKYO (AP) — Global shares were mixed today as trading was becalmed by a lull in market-moving news. U.S. shares are also set to be mixed, with Dow futures falling 0.1 percent to 21,571, while the S&P 500 futures were up 0.1 percent at 2,472.30.

NEW YORK (AP) — Benchmark U.S. crude gained 18 cents to $47.10 a barrel in electronic trading on the New York Mercantile Exchange. It lost 40 cents on Thursday, to $46.92. Brent crude, the standard for international oil prices, added 29 cents to $49.59 a barrel in London.

BERLIN (AP) — German industrial conglomerate Siemens AG says it's halting deliveries of power generation equipment to state-controlled companies in Russia and selling its stake in a Russian company that offers services for power plant control systems. Today's move came after Siemens said this month that gas turbines delivered to Russia were re-routed to Crimea, in violation of European sanctions and a contract.

BEIJING (AP) — China's government has announced a goal of becoming a global leader in artificial intelligence in just over a decade. It's putting political muscle behind growing investment by Chinese companies in developing self-driving cars and other advances. A Cabinet statement calls for developing skills and research and educational resources to achieve "major breakthroughs" by 2025 and make China a world leader by 2030.

WASHINGTON (AP) — New York financier Anthony Scaramucci is under consideration to join the Trump administration as communications director. That's according to two people with knowledge of the situation who spoke on condition of anonymity in order to discuss internal deliberations. Scaramucci is a frequent defender of the president on television and was a fixture at Trump Tower during Trump's transition.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

The Associated Press

    SIGN UP FOR THE KSL.COM NEWSLETTER

    Catch up on the top news and features from KSL.com, sent weekly.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast