U.S. manufacturing production increases; headwinds growing
Fri, 16 Nov 2018 12:40:50 -0500
U.S. manufacturing output rose for a fifth straight month in October, shrugging off a sharp drop in motor vehicle production…
VW embarks on $50 billion electrification plan
Fri, 16 Nov 2018 12:39:02 -0500
Volkswagen expects to become the most profitable manufacturer of electric cars thanks to a multi-billion euro expansion plan to mass…
PG&E shares, debt recover as regulator eases bankruptcy fears
Fri, 16 Nov 2018 12:34:20 -0500
Shares of embattled utility PG&E Corp jumped 40 percent on Friday as fears it could be bankrupted by the fallout…
S&P 500 edges lower on chip, retail weakness
Fri, 16 Nov 2018 12:21:10 -0500
The S&P 500 edged lower on Friday as gains in energy stocks were offset by declines in chip and retail…
Oil gains as OPEC mulls cuts; set for weekly drop on oversupply fears
Fri, 16 Nov 2018 12:16:52 -0500
Oil rose nearly 1 percent on Friday on expectations that the Organization of the Petroleum Exporting Countries and its allies…
Airbus, Dassault finalizing bid for early work on new fighter jet
Fri, 16 Nov 2018 12:15:23 -0500
Airbus and France's Dassault Aviation will shortly submit an unsolicited proposal for initial conceptual work on a next-generation fighter jet…
PG&E options traders bet stock not out of the woods yet
Fri, 16 Nov 2018 12:02:42 -0500
The wild swings in the shares of PG&E Corp over the past week have drawn a rush of trading in…
Tesla starts taking Model 3 orders in China
Fri, 16 Nov 2018 11:59:17 -0500
Tesla Inc has started taking orders for its Model 3 sedan in China for a deposit of 8,000 yuan ($1,153.60),…
Fed officials' caution weakens dollar, sterling rebounds
Fri, 16 Nov 2018 11:53:36 -0500
The dollar fell broadly on Friday in the wake of cautious comments from two U.S. Federal Reserve officials about global…
UBS lures more money from U.S. super rich to Switzerland
Fri, 16 Nov 2018 11:38:10 -0500
A decade after a U.S. crackdown ended Swiss banking secrecy, rich Americans are flocking back to UBS as they look…
Delta orders 10 A330neo in boost to Airbus' slow-selling jet
Fri, 16 Nov 2018 11:35:04 -0500
U.S. carrier Delta Air Lines said on Friday it ordered 10 Airbus A330neo long-haul jets, becoming the first U.S. airline…
Dollar, U.S. yields fall on Fed comments; Brexit casts shadow
Fri, 16 Nov 2018 11:30:59 -0500
The U.S. dollar weakened and Treasury yields pulled back on Friday after a top Federal Reserve official said U.S. interest…
The egos disbanded? Bridging the great advertising divide
Fri, 16 Nov 2018 10:30:50 -0500
Traditional advertising groups hope that their creative flair will prevail against the technological clout of consultancies encroaching on their business,…
Delta confirms new A330neo order, defers delivery of 10 A350s
Fri, 16 Nov 2018 10:14:03 -0500
U.S. carrier Delta Air Lines said on Friday it has deferred delivery of 10 Airbus A350 jets as it orders…
Volkswagen expects to be the most profitable maker of electric cars
Fri, 16 Nov 2018 10:07:54 -0500
Volkswagen Chief Executive Herbert Diess on Friday said he expected the multi-brand carmaking group to be the most profitable manufacturer…
Dollar index hits one-week low on Fed officials' cautious comments
Fri, 16 Nov 2018 09:14:53 -0500
The dollar fell to one-week lows against a basket of currencies on Friday as two Federal Reserve officials cautioned in…
Take Five: Black Friday shoppers to Brexit wreckage, world markets themes for the week ahead
Fri, 16 Nov 2018 08:33:32 -0500
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters…
'Mission Impossible' powers Viacom profit and revenue beat
Fri, 16 Nov 2018 08:27:07 -0500
Viacom Inc , the owner of MTV, Comedy Central and Nickelodeon, beat Wall Street estimates for profit and revenue on…
Supply glut mars Turing effect for Nvidia shares
Fri, 16 Nov 2018 08:21:15 -0500
Worries about how fast the computing world will transition to Nvidia Corp's next generation "Turing" graphic chips helped knock 20…
Brexit front and middle in light week for data
Fri, 16 Nov 2018 08:02:12 -0500
Brexit will be foremost in investors' minds in the coming week, though a smattering of data will offer further indications…