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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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,…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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,…