Trump administration says to open trade talks with EU, UK, Japan
Wed, 17 Oct 2018 02:43:48 -0400
The U.S. Trade Representative's office told Congress on Tuesday it intends to open trade talks with the European Union, the…
VW, FCA and Renault lead emissions-driven European sales slump
Wed, 17 Oct 2018 02:10:04 -0400
Volkswagen Group , Fiat Chrysler and Renault led a 23.4 percent European car sales decline in September, the main regional…
Fujifilm wins appeal in battle with Xerox over aborted merger
Wed, 17 Oct 2018 01:58:11 -0400
Japan's Fujifilm Holdings Corp has won an appeal in its legal battles with Xerox Corp , with a New York…
Search engine Baidu becomes first China firm to join U.S. AI ethics group
Wed, 17 Oct 2018 01:47:04 -0400
Chinese search engine Baidu Inc has become the first Chinese company to join an artificial intelligence (AI) ethics group led…
Asia shares echo Wall Street cheer, China more muted
Wed, 17 Oct 2018 01:16:33 -0400
Asian equities got some welcome relief on Wednesday after upbeat U.S. earnings reports drove a rebound on Wall Street and…
China's Zhoushan city woos Exxon Mobil for a $7 billion ethylene plant
Wed, 17 Oct 2018 00:50:47 -0400
The Chinese city of Zhoushan is in talks with oil major Exxon Mobil Corp to build a $7 billion ethylene…
U.S. oil service firms face tough quarter despite high crude prices
Wed, 17 Oct 2018 00:14:25 -0400
Even as crude prices hover near four-year highs, U.S. oilfield service firms' third-quarter results due out in coming days will…
SoftBank 'anxiously' monitoring Saudi Arabia situation: executive
Tue, 16 Oct 2018 23:49:09 -0400
SoftBank Group Chief Operating Officer Marcelo Claure said on Tuesday it is "business at usual" at companies backed by its…
Uber IPO proposals value company at $120 billion: WSJ
Tue, 16 Oct 2018 22:57:08 -0400
Ride-hailing company Uber Technologies Inc [UBER.UL] could be valued at $120 billion, when it finally goes public next year according…
Netflix record subscriber growth dispels Wall Street worries
Tue, 16 Oct 2018 21:55:49 -0400
Netflix Inc hooked 7 million new streaming subscribers from July to September, a third more than Wall Street had expected,…
Big U.S. banks end third quarter on high note
Tue, 16 Oct 2018 21:02:43 -0400
Wall Street's top investment banks enjoyed a strong third quarter as strength in stock trading and equity underwriting added to…
Railroad operator CSX's quarterly profit tops Wall Street target
Tue, 16 Oct 2018 20:20:38 -0400
CSX Corp on Tuesday reported quarterly profit that topped Wall Street's view and raised its full-year revenue forecast, as the…
U.S. Senate bill could give Tesla, GM electric car tax credit boost
Tue, 16 Oct 2018 20:19:15 -0400
Tesla Inc and General Motors Co , which have lobbied Congress to lift a cap on electric vehicles eligible for…
U.S. regains crown as most competitive economy for first time since 2008: WEF
Tue, 16 Oct 2018 19:56:53 -0400
The U.S. economy sits atop of the World Economic Forum's annual global competitiveness survey for the first time since the…
Wall St. rallies over 2 percent with earnings, data boost
Tue, 16 Oct 2018 19:12:30 -0400
U.S. stocks surged more than 2 percent on Tuesday after upbeat earnings reports from major companies including UnitedHealth and Goldman…
Honda Aircraft expects higher light jet deliveries in 2019
Tue, 16 Oct 2018 18:55:46 -0400
Honda Aircraft Co chief executive Michimasa Fujino said on Tuesday he expects deliveries of the HondaJet to rise in 2019…
IBM revenue misses as server, software sales slow
Tue, 16 Oct 2018 18:45:32 -0400
IBM Corp reported a bigger-than-expected drop in revenue on Tuesday, hit by slowing software sales and wavering demand for mainframe…
Target adds new space, more toys for holiday season
Tue, 16 Oct 2018 18:23:53 -0400
Target Corp will dedicate nearly a quarter of a million square feet of new space to its toy business across…
United lifts 2018 target as network growth boosts third-quarter profit
Tue, 16 Oct 2018 17:23:48 -0400
United Airlines posted solid third-quarter profit on Tuesday and raised its 2018 outlook for the third time this year, helped…
Trump widens Fed critique, calls it 'my biggest threat'
Tue, 16 Oct 2018 17:22:33 -0400
U.S. President Donald Trump heaped more criticism on the Federal Reserve in an interview with Fox Business Network on Tuesday,…