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Stocks gain…Oil lease change…China promise

BANGKOK (AP) — Shares rose Friday in Europe and Asia after a day of lackluster trading on Wall Street. Futures point to opening gains on Wall Street. The dollar edged higher against the yen and fell against the euro. The price of U.S. crude oil rose to just below $59 per barrel.

BILLINGS, Mont. (AP) — The Trump administration is finalizing plans to ease restrictions on oil and gas drilling and other industries that were meant to protect an imperiled bird species that ranges across the American West. U.S. Bureau of Land Management Acting Director Brian Steed told The Associated Press the changes would protect greater sage grouse while addressing concerns that existing policies governing millions of acres of federal land were too restrictive. Critics say the changes will lead to more disturbances of grouse habitat.

BEIJING (AP) — China’s No. 2 leader has sought to defuse tensions with Washington and Europe over technology and other issues by promising to treat foreign and domestic competitors equally. Speaking at the end of China’s 10-day annual legislative session, Premier Li Keqiang also denied Friday that Beijing tells companies to spy on their overseas competitors.

MILAN (AP) — European car sales have fallen for the sixth straight month, amid modest increases in three key markets. The European Automobile Manufacturers’ Association said Friday that new car registrations in February totaled 1.114 million, down 1 percent from 1.125 million a year earlier.

TOKYO (AP) — Tokyo’s Olympics may become known as the “Robot Games.” Organizers on Friday showed off robots that will be used at the new National Stadium to provide assistance for fans using wheelchairs. Tokyo Olympic official Masaaki Komiya pointed out that Japan is known for its robot technology, and the 2020 Summer Games are a good place to show off.

Associated Press

Associated Press

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