Oil hovers above $66 after weak jobs data

Bank announces $11.5 billion profit, 25,000 job cuts
HSBC will shed 30,000 jobs as it retreats from countries where it is struggling to compete, Europe's biggest bank said on Monday after it reported a surprise rise in first-half profit.

Oil hovers below $83 ahead of key US jobs report
Oil prices hovered below $83 a barrel Friday as investors looked to a key U.S. jobs report later in the day for clues about the strength of the economic recovery.

European Shares Move Lower at Start of Week
After ending last week on a positive note due to a better-than-anticipated U.S. jobs report, Europe’s stock markets fell modestly as investors stepped back.

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