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Denmark doubles capital buffer to contain wider Danske Bank risks
Tue, 25 Sep 2018 08:41:27 -0400
Denmark on Tuesday doubled capital buffers to bolster stability that its financial risk-assessment body said could be threatened by the…
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In Nigeria, Shell’s onshore roots still run deep
Tue, 25 Sep 2018 08:31:34 -0400
Royal Dutch Shell wants to reweight its footprint in Nigeria to focus on oil and gas fields far offshore, away…
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Oil above $80 lifts stocks, offsets trade and bond market chill
Tue, 25 Sep 2018 08:23:39 -0400
European shares rose and Wall Street was set for a stronger open on Tuesday, as oil above $80 a barrel…
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Instagram departures hit Facebook shares
Tue, 25 Sep 2018 08:09:29 -0400
Shares of Facebook Inc fell more than 2 percent in early trading on Tuesday after the two founders of photo-sharing…
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Michael Kors takes over fashion icon Versace in $2 billion deal
Tue, 25 Sep 2018 07:59:13 -0400
U.S. fashion group Michael Kors has agreed to buy Versace in a deal valuing the revered designer at $2 billion…
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Oil hits four-year peak after OPEC+ shows no sign of turning on the taps
Tue, 25 Sep 2018 07:39:25 -0400
Crude oil prices shot to a four-year high on Tuesday, catapulted by imminent U.S. sanctions on Iranian crude exports and…
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Futures climb on oil boost, Fed meeting eyed
Tue, 25 Sep 2018 07:33:42 -0400
U.S. stock index futures edged higher on Tuesday, as energy companies gained with oil prices at four-year highs, although the…
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How Trump split Mexico and Canada in NAFTA talks
Tue, 25 Sep 2018 07:22:29 -0400
A day after winning the Mexican presidential election, Andres Manuel Lopez Obrador took a congratulatory call from U.S. President Donald…
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Instagram co-founders resign in latest Facebook executive exit
Tue, 25 Sep 2018 05:51:30 -0400
Instagram on Monday said co-founders Kevin Systrom and Mike Krieger have resigned as chief executive officer and chief technical officer…
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China says U.S. putting 'knife to its neck', hard to proceed on trade
Tue, 25 Sep 2018 05:38:12 -0400
A senior Chinese official said on Tuesday it is difficult to proceed with trade talks with the United States while…
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Full-blown trade war would cost jobs, growth and stability: WTO's Azevedo
Tue, 25 Sep 2018 05:38:12 -0400
A full-blown trade war would have serious effects on global economic growth and there would be no winners of such…
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Comcast crosses 30 percent Sky threshold after buying shares
Tue, 25 Sep 2018 04:53:02 -0400
Comcast , the victor in the $40 billion auction for Sky , said on Tuesday it had bought more than…
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Out of fashion? H&M tests new store to get back in vogue
Tue, 25 Sep 2018 03:26:20 -0400
Step into one of the more than 4,300 H&M budget fashion stores around the world and you often know what…
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China says trade war to 'certainly' hurt U.S. exporters, create opportunities to others
Tue, 25 Sep 2018 01:06:54 -0400
China is being forced to retaliate against the United States in their trade dispute, and U.S. exporters including suppliers of…
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Tesla is making its own car carriers
Tue, 25 Sep 2018 00:46:28 -0400
Tesla Inc is building its own car carriers, as the electric carmaker faces vehicle distribution problems.
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Senior China diplomat says confrontation with U.S. lose-lose
Tue, 25 Sep 2018 00:23:04 -0400
Confrontation between China and the United States means both sides lose, and talks with Washington cannot take place under threats…
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Starbucks plans changes to company structure, layoffs
Mon, 24 Sep 2018 22:20:53 -0400
Starbucks Corp is planning an organizational restructuring including leadership changes, according to a memo from its Chief Executive Officer Kevin…
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Sears CEO Lampert offers new deals to avert bankruptcy
Mon, 24 Sep 2018 21:10:06 -0400
Sears Holdings Corp Chief Executive Eddie Lampert, a major investor in the company, has proposed rescue deals to help the…
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The night a Chinese billionaire was accused of rape in Minnesota
Mon, 24 Sep 2018 19:14:57 -0400
With the Chinese billionaire Richard Liu at her Minneapolis area apartment, a 21-year-old University of Minnesota student sent a WeChat…
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Amazon made two moves for Deliveroo, one nine months ago: Telegraph
Mon, 24 Sep 2018 17:54:06 -0400
Amazon.com Inc made two preliminary approaches for British online food delivery company Deliveroo, the latest one about nine months ago,…